Examples of TSR Performance Period in a sentence
The determination of Relative TSR will be made in the sole discretion of the Committee, after the end of the TSR Performance Period once the applicable year-end audit is available.
In the event the Company’s total shareholder return for the TSR Performance Period is less than 0% on an absolute (rather than relative) basis, the Actual TSR Payout shall in no events exceed 100% of the Target TSR Award.
The number of LTIP Units reported represents the maximum number of LTIP Units that may be earned based on the Issuer's total shareholder return during the TSR Performance Period.
Represents LTIP Units originally issued in January 2020 that were subject to performance-based vesting hurdles based on achievement of operational performance metrics for the year ended December 31, 2020, and which remain subject to additional performance-based vesting hurdles based on the Issuer's total shareholder return for the period from January 1, 2020 through December 31, 2022 (the "TSR Performance Period").
The determination as to whether the Company has attained the performance goals with respect to the Revenue Performance Period and the TSR Performance Period shall be made by the Committee acting in good faith.