Peer Companies definition
Peer Companies means the companies included in the ▇▇▇▇▇▇▇ 2000 on December 31, 2017. In the event of a merger, acquisition or business combination transaction of a Peer Company with or by another Peer Company, the surviving entity shall remain a Peer Company. In the event of a merger of a Peer Company with an entity that is not a Peer Company, or the acquisition or business combination transaction by or with a Peer Company, or with an entity that is not a Peer Company, in each case, where the Peer Company is the surviving entity and remains publicly traded, the surviving entity shall remain a Peer Company. In the event of a merger or acquisition or business combination transaction of a Peer Company by or with an entity that is not a Peer Company, a “going private” transaction involving a Peer Company or the liquidation of a Peer Company, where the Peer Company is not the surviving entity or is otherwise no longer publicly traded, the company shall no longer be a Peer Company. In the event of a bankruptcy of a Peer Company, such company shall remain a Peer Company.
Peer Companies means the following companies which remain publicly traded throughout the entire TSR Measurement Period: AbbVie GlaxoSmithKline Amgen Johnson & ▇▇▇▇▇▇▇ AstraZeneca Merck Biogen Novartis Celgene Pfizer ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ Gilead Sciences Sanofi Companies that were publicly traded as of the Award Date but are no longer publicly traded as of the end of the TSR Measurement Period shall be excluded, except that companies that are no longer publicly traded as of the end of the TSR Measurement Period due to filing for bankruptcy prior to the end of the TSR Measurement Period shall be assigned a Total Shareholder Return of -100% for the TSR Measurement Period. In the case of a merger or acquisition involving two Peer Companies during the TSR Measurement Period, the acquiree or merged company, as the case may be, shall be removed from the list of Peer Companies, and the acquirer or successor company, as the case may be, shall remain on the list of Peer Companies. In the case of a spinoff involving a Peer Company during the TSR Measurement Period, such company shall remain on the list of Peer Companies, provided that it remains an appropriate peer. Any new company formed as a result of the spinoff shall not be added to the list of Peer Companies for the current TSR Measurement Period (however, such company may be added to the list of Peer Companies for subsequent awards, if the Committee deems such inclusion appropriate). For the avoidance of doubt, following the closing of the Company’s acquisition of Celgene Corporation (“Celgene”), Celgene shall be has been removed from the list of Peer Companies.
Peer Companies means publicly-traded companies included in the SunTrust Small Cap Index, but excluding any companies on that list which cease to be publicly traded on or before April 30, 2014;
Examples of Peer Companies in a sentence
The Administrator, acting in good faith, shall have sole and exclusive authority and discretion to make all determinations and resolve all ambiguities, questions and disputes relating to the satisfaction of the Performance Goals, including, but not limited to, the extent of achievement, and any adjustments to the calculation of TSR of the Company or the Peer Companies, as necessary to reflect extraordinary corporate events not otherwise addressed herein, consistent with the intent of this Award.
The Company’s TSR Performance and TSR Performance Percentile Rank shall be measured as of the Participant’s termination date using the same methodology set forth in this Exhibit B, except that the “Ending Average Share Price” for the Company and the Peer Companies shall be determined as soon as practicable (but in any event within 60 days following the Participant’s termination date) using the 45 trading-day period ending on and including the Participant’s termination date.
More Definitions of Peer Companies
Peer Companies means the following companies:
Peer Companies means the companies that comprise SNL Healthcare REIT Index.
Peer Companies means the companies in the Peer Group, including the Company.
Peer Companies means the companies listed on Schedule A, which may be adjusted during the Performance Period by the Committee in response to changes caused by corporate transactions, as described below. No companies may be added to the Peer Companies for the Performance Period. Any Peer Company that files for bankruptcy during the Performance Period will remain in the peer group and will be deemed to have a TSR of negative one-hundred percent (-100%) for purposes of determining the relative TSR ranking as described below. Any of the Peer Companies that is acquired by a third-party entity outside of the peer group during the Performance Period will remain in the peer group and will be deemed to have a TSR calculated based on the volume-weighted average price per share of the company for the thirty (30) calendar days ending on the closing date of such transaction and annualized for the remainder of the Performance Period.
Peer Companies means the companies established by the Committee for purposes of calculating TSR, to include Advanced Micro Devices, Inc.; Analog Devices, Inc.; Applied Materials, Inc.; ASML Holding N.V.; Broadcom, Inc.;
Peer Companies or “Peer Group” means those companies (other than the Company) comprising the S&P 500 Index as of the first day of the Performance Period, adjusted as follows in the event of certain corporate events in connection with the Peer Companies: Merger with Company in Peer Group In the event of a merger, acquisition or business combination transaction of a Peer Company with or by another Peer Company, the surviving entity shall remain a Peer Company. Merger with Company not in Peer Group Where Peer Company Survives In the event of a merger of a Peer Company with an entity that is not a Peer Company, or the acquisition or business combination transaction of a Peer Company by an entity that is not a Peer Company, in each case where the Peer Company is the surviving entity and remains publicly traded, the surviving entity shall remain a Peer Company. Merger with Company not in Peer Group Where Peer Company is not the Survivor/Peer Company Taken Private In the event of a merger or acquisition or business combination transaction of a Peer Company by or with an entity that is not a Peer Company or a “going private” transaction involving a Peer Company where the Peer Company is not the surviving entity or is otherwise no longer publicly traded, the company shall no longer be a Peer Company. Bankruptcy, Liquidation or Delisting In the event of a bankruptcy, liquidation or delisting of a Peer Company at any time during the Performance Period, such company shall remain a Peer Company and be assigned a TSR of -100%. Delisting shall mean that a company ceases to be publicly traded on a national securities exchange as a result of any involuntary failure to meet the listing requirements of such national securities exchange, but shall not include delisting as a result of any voluntary going private or similar transaction. Spin-off Transaction In the event of a stock distribution from a Peer Company consisting of the shares of a new publicly-traded company (a “spin-off”), the Peer Company shall remain a Peer Company and the stock distribution shall be treated as a dividend from the Peer Company based on the fair market value of the distribution on the date of such distribution; the performance of the shares of the spun-off company shall not thereafter be tracked for purposes of calculating TSR. Dividends Reinvested for both the Company and the Peer Companies shall mean dividends paid with respect to an ex-dividend date that occurs beginning from the date when the Starting Averag...
Peer Companies means the companies established by the Committee for purposes of calculating TSR, to include Advanced Micro Devices, Inc., Altera Corporation, Analog Devices, Inc., Applied Materials, Inc., Atmel Corporation, Avago Technologies, Broadcom Corporation, Infineon Technologies, Linear Technology Corporation, LSI Corporation, Marvel Technology Group, Maxim Integrated Products, Inc., Microchip Technology, Inc., Micron Technology, Inc., NXP Semiconductors, NVIDIA Corporation, On Semiconductor, Sandisk Corporation, ST Microelectronics, Texas Instruments and Xilinx, Inc. Any peer company shares traded on a foreign exchange will be converted to US dollars. In the event of a merger, acquisition or business combination transaction of a Peer Company with or by another Peer Company, the surviving entity shall remain a Peer Company. In the event of a merger of a Peer Company with an entity that is not a Peer Company, or the acquisition or business combination transaction by or with a Peer Company, or with an entity that is not a Peer Company, in each case where the Peer Company is the surviving entity and remains publicly traded, the surviving entity shall remain a Peer Company. In the event of a merger or acquisition or business combination transaction of a Peer Company by or with an entity that is not a Peer Company, a “going private” transaction involving a Peer Company or the liquidation of a Peer Company, where the Peer Company is not the surviving entity or is otherwise no longer publicly traded, the company shall no longer be a Peer Company.