MSCI Performance Factor

Example Definitions of "MSCI Performance Factor"
MSCI Performance Factor. Means, for any given Measurement Period or Change in Control Measurement Period:(i)if the Company TSR is positive and the MSCI Index Total Return is positive, then:(A)if the Company to MSCI Ratio is less than 0.80, then the MSCI Performance Factor shall be 0%; and(B)if the Company to MSCI Ratio is greater than or equal to 0.80, then the MSCI Performance Factor shall equal the result of the following mathematical equation, expressed as a percentage, subject to a minimum of 50% and a maximum of... 100%: 2.5 * Company to MSCI Ratio – 1.5. (ii)if the Company TSR is positive and the MSCI Index Total Return is negative, then the MSCI Performance Factor shall be 100%. (iii)if the Company TSR is negative and the MSCI Index Total Return is positive, then the MSCI Performance Factor shall be 0%. (iv)if the Company TSR is negative and the MSCI Index Total Return is negative, then: 4 (A)if the Company to MSCI Ratio is less than 1.00, then the MSCI Performance Factor shall be 50%; and(B)if the Company to MSCI Ratio is greater than or equal to 1.00, then the MSCI Performance Factor shall be 0%. View More
All Definitions