Peer Group Companies means the companies included in the Standard & Poors Paper and Forest Products Industry Index from time to time (but excluding the Corporation). (j) "Subsidiary" shall mean any corporation (other than the Corporation) in any unbroken chain of corporations beginning with the Corporation if, at the time of reference, each of the corporations other than the last corporation in the unbroken chain owns stock possessing fifty percent (50%) or more of the total combined voting power of all classes of stock in one of the other corporations in such chain. (k) "Total Shareholder Return" shall mean, for a given period and a given common stock, the number determined by the formula [(SB+SD)PE - 100] , 100, where (i) `SB'' is the number of shares of the common stock (including fractional shares) that could be bought with an initial $100 investment at PB, or $100 , PB; (ii) `SD'' is the total number of shares of the common stock (including fractional shares) which could be purchased with the dividends (or allocated portion of a per share dividend) paid on SB shares of the common stock during the measurement period (and any additional shares or fractional shares allocated in accordance with this subsection (ii) with respect to dividends paid during the measurement period but prior to the dividend in question), determined in the case of each such dividend paid using the closing price of the common stock on the trading date coincident with or next preceding the date of payment of the dividend; (iii) `PB'' is the closing price of the common stock on the last trading day before the first day of the measurement period; and (iv) `PE'' is the closing price of the common stock on the last trading day of the measurement period; provided, however, that in determining Total Shareholder Return of G-P Common Stock for any period ending after December 16, 1997, the following adjustments shall be made: (i) the sum of SB and SD shall be calculated through the December 16, 1997 using G-P Common Stock; (ii) effective December 17, 1997, each share of G-P Common Stock determined in (i) above shall automatically be converted to one share of G-P Group Stock and one share of Timber Stock; (iii) from and after the December 17, 1997, the sum of SB and SD will be calculated separately with respect to each class of the Corporation's common stock, and additions to SD for each such class of common stock will be based on the dividends declared on that class of common stock and the stock price for that...
Examples of Peer Group Companies in a sentence
At or prior to the Certification Meeting, the Committee shall certify in writing (which may consist of approved minutes of the Certification Meeting) the levels of TSR attained by the Company and the Peer Group Companies, the number of TSR Performance Shares deliverable to Recipient and the amount of the TSR Dividend Equivalent Cash Award payable to Recipient.
On the Normal Vesting Date, the value of the Shares (using the average daily closing price over the 30 days preceding the Normal Vesting Date and assuming all dividends are reinvested) is compared with the value of each of the Peer Group Companies (using the same 30-day average methodology as of the Normal Vesting Date and again assuming that all dividends are reinvested).
The Peer Group Companies will be ranked by TSR performance, and then divided into four quartiles.
In the event that the Company or one or more of the Peer Group Companies is required to prepare an accounting restatement due to the material noncompliance with any financial reporting requirement under the federal securities laws the Committee, in good faith and subject to its sole discretion, may reduce or increase the number of RSUs awarded to the Participant under this Agreement to reflect the number of RSUs that would have been awarded to the Participant under the accounting restatement.
During the Performance Period, the Company’s Revenue Growth will be measured against the Revenue Growth of the Peer Group Companies.
More Definitions of Peer Group Companies
Peer Group Companies means the following companies:Xxxx Solutions ASA; Xxxxxx Oceanics, Inc.; Xxxxxxx Group Inc.; Diamond Offshore Drilling, Inc.; Dril-Quip, Inc.; Ensco plc; TechnipFMC plc; Forum Energy Technologies, Inc.; Frank’s International N.V.; Fugro N.V.; Helix Energy Solutions Group, Inc.; Helmerich & Xxxxx, Inc.; XxXxxxxxx International, Inc.; Noble Corporation plc; Oil States International, Inc.; Rowan Companies plc; Subsea 7 S.A.; Superior Energy Services, Inc.; Transocean Ltd.; and Xxxxxxxxxxx International plc.
Peer Group Companies means, as of the first day of the Performance Period, the following companies: A123 Systems FuelCell Energy Active Power Met-Pro American Superconductor Peerless Manufacturing Amerigon Plug Power Xxxxxxx Power Systems Power Integrations Capstone Turbine Quantum Fuel Systems Clean Energy Fuels RenTech Energy Conversion Devices Syntroleum Evergreen Solar Fuel Systems Solutions During the Performance Period, the Committee shall review the companies in the Peer Group Companies and the Committee may remove any company from the category of Peer Group Companies if the Committee determines, in good faith and subject to its sole discretion, that such company should no longer be part of the Peer Group Companies due to merger, acquisition, disposition, change in ownership, growth, contraction, or any other event or circumstance affecting the Company or one of the Peer Group Companies, which the Committee determines, in good faith and subject to its sole discretion, is appropriate.
Peer Group Companies means Broadstone Net Lease, Inc., Office Properties Income Trust, RPT Realty and Spirit Realty Capital, Inc.; provided that if the common stock of any of entities included in the definition of Peer Group Companies ceases to be listed on a national securities exchange at any time during the Performance Period for any reason, then the entity shall be excluded from the Peer Group.
Peer Group Companies means only those entities that are set forth on Exhibit D attached hereto (collectively, the “Peer Group”); provided, however, that if a Peer Group Company is acquired or otherwise ceases to have a class of equity securities that is both registered under the Securities Exchange Act of 1934 and actively traded on a U.S. public securities market at any point during the Performance Period, such Peer Group Company will be removed from the Peer Group. Notwithstanding the foregoing, any Peer Group Companies that experience bankruptcy or become insolvent during the Performance Period will remain a part of the Peer Group and be counted as (100%) for purposes of the Relative TSR determination.
Peer Group Companies means the following entities, provided that if the common stock of any of the following entities ceases to be listed on a nationally recognized stock exchange at any time during the Performance Period, then that entity shall be excluded from the Peer Group Companies: Apple Hospitality REIT, Inc. Chatham Lodging Trust DiamondRock Hospitality Company Hersha Hospitality Trust Host Hotels & Resorts, Inc. Park Hotels & Resorts, Inc. Pebblebrook Hotel Trust RLJ Lodging Trust Ryman Hospitality Properties, Inc. Summit Hotel Properties, Inc. Sunstone Hotel Investors, Inc.
Peer Group Companies means the Company and American Axle & Manufacturing Holdings, Inc., Autoliv, Inc., Borg Warner, Inc., Xxxx Holding Corporation, Delphi Automotive, PLC, Federal-Mogul Corporation, Xxxxxxx Controls, Inc., Xxxx Corporation, Linamar Corporation, Magna International, Inc., Martinrea International Inc., Meritor, Inc., Tenneco Inc., TRW Automotive Holdings Corp. and Visteon Corporation. If, prior to the end of the Performance Period, any Peer Group Company ceases to be a public reporting company for any reason, then such company shall not be considered a Peer Group Company.