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...
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