Proxy Peer Group definition
Examples of Proxy Peer Group in a sentence
In order to determine the Company’s placement, total shareholder return will be calculated by the Administrator or its designee for all members of the Proxy Peer Group on the same basis as Total Shareholder Return is calculated for the Company.
The performance goal (the “Performance Goal”) shall mean the achievement by the Company, as measured as of the last day of the Measurement Period and determined by the Committee, of Total Shareholder Return that is at least equal to or greater than the Total Shareholder Return achieved by at least 25% of the companies included in the Proxy Peer Group.
Following completion of the Performance Period, the Administrator shall review and certify in writing whether, and to what extent, the performance goal for the Performance Period has been achieved and, if so, calculate and certify in writing the number of Performance Units that the Participant earned for such period based upon the Company’s TSR relative to the Proxy Peer Group.
Following completion of each Performance Period, the Administrator shall review and certify in writing whether, and to what extent, the Performance Goal for the Performance Period has been achieved and, if so, calculate and certify in writing the number of Performance Units that the Participant earned for such period based upon the Company’s TSR relative to the Proxy Peer Group.
Conduent’s TSR rank for the period from 4/1/2024 through 12/31/2026, as compared to the 2024 Proxy Peer Group as approved in August 2023 and as set forth in the table below: 75th Percentile 150% 25th Percentile 50% • Linear interpolation will be used for results between points.
Conduent’s TSR rank for the period from 4/1/2025 through 12/31/2027, as compared to the 2025 Proxy Peer Group as approved in August 2024 and as set forth in the table below: 75th Percentile 150% 25th Percentile 50% • Linear interpolation will be used for results between points.
Conduent’s TSR rank for the period from April 1, 2023 through December 31, 2025, as compared to the 2023 Proxy Peer Group as approved in August 2022 and as set forth in the table below: • Linear interpolation will be used for results between points.
Following completion of each Performance Period, the Administrator shall review and certify in writing whether, and to what extent, the TSR for the Performance Period has been achieved and, if so, calculate and certify in writing the percentage of the Performance Units that vested for such period based upon the TSR achievement relative to the Proxy Peer Group.
If the Company’s placement in the group that consists of the Company and the Proxy Peer Group for the Second Performance Period is fourth, the Participant will earn a number of Performance Units for the Second Performance Period equal to the product of (a) the number of target Performance Units, times (b) 50%, times (c) 140%.