TSR definition
Examples of TSR in a sentence
In addition, following the calculation of Earned Units, a “TSR Modifier” shall apply based on the Company’s achievement of TSR (as defined below) during the Performance Period.
In addition, following the calculation of Earned Shares, a “TSR Modifier” shall apply based on the Company’s achievement of TSR (as defined below) during the Performance Period.
Determinations of the Committee regarding the level of achievement of Adjusted Operating Cash Flow, GAAP Revenue, Adjusted EBITDA, and the TSR Modifier (including in connection with determining a Projected Performance Level), and the resulting number of Earned Shares, and related matters, will be final and binding on the Participant.
In no event shall the application of the TSR Modifier result in the achievement of more than 200% of the number of Target Performance Shares.
In the event that TSR for the Performance Period is between the 25th and 75th percentile, no adjustment to the number of Earned Units shall be made.