Peer Group definition
Examples of Peer Group in a sentence
In the case of multiple Bankrupt Companies, the TSR Peer Group Bankrupt Companies will be positioned below the non-Bankrupt Companies in chronological order by date of filing for bankruptcy with the first to file for bankruptcy at the bottom.
In the case of multiple delistings, the delisted TSR Peer Group companies will be positioned below the listed and above the TSR Peer Group Bankrupt Companies in chronological order by delisting date with the first to be delisted at the bottom of the delisted companies.
Peer Group Payout Percentage* Maximum 75th Percentile and above 200% of Target Level Target 50th percentile 100% of Target Level Threshold 25th percentile 50% of Target Level Below 25th percentile 0% * Based on the Target Level for the TSR Based Award set forth on the first page of this Agreement.
Notwithstanding anything to the contrary in the Agreement or this Exhibit A, in no event shall more than 100% of the target number of Compensation Peer Group TSR PSUs, Coal Peer Group TSR PSUs, FCF PSUs or Revenue PSUs vest if the Company’s TSR over the Performance Period is negative (the “TSR Modifier”).
Subject to the Agreement and the TSR Modifier, a percentage of the Coal Peer Group TSR PSUs will vest as set forth in the table below based on the Company’s TSR over the Performance Period relative to the TSR of the component members of the Company’s Coal Peer Group over the Performance Period.