Absolute TSR

Example Definitions of "Absolute TSR"
Absolute TSR. Means, with respect to the Performance Period, the total compounded annual return (expressed as a percentage) that would have been realized by a shareholder who (a) bought one Share at the Baseline Value on the Effective Date, (b) reinvested each dividend and other distribution declared during the Performance Period with respect to such Share (and any other Shares, or fractions thereof, previously received upon reinvestment of dividends or other distributions or on account of stock dividends),... without deduction for any taxes with respect to such dividends or other distributions or any charges in connection with such reinvestment, in additional Shares at a price per share equal to (i) the Fair Market Value on the trading day immediately preceding the ex-dividend date for such dividend or other distribution less (ii) the amount of such dividend or other distribution, and (c) sold such Shares on the Valuation Date at the average Fair Market Value of such Shares over the 30 consecutive trading days ending on, and including, the Valuation Date, without deduction for any taxes with respect to any gain on such sale or any charges in connection with such sale. View More
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