Peer Performance Factor

Example Definitions of "Peer Performance Factor"
Peer Performance Factor. Means, for any given Measurement Period:(i)if the Company TSR is positive and the SFR Peer TSR is positive, then:(A)if the Company to Peers Ratio is less than 0.90, then the MSCI Performance Factor shall be 0%; and(B)if the Company to Peers Ratio is greater than or equal to 0.90, then the Peer 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%: 5.0 * Company MSCI Ratio – 4.0. (ii)if the... Company TSR is positive and the SFR Peer TSR is negative, then the Peer Performance Factor shall be 100%. (iii)if the Company TSR is negative and the SFR Peer TSR is positive, then the Peer Performance Factor shall be 0%. (iv)if the Company TSR is negative and the SFR Peer TSR is negative, then:(A)if the Company to Peers Ratio is less than 1.00, then the Peer Performance Factor shall be 50%; and(B)if the Company to Peers Ratio is greater than or equal to 1.00, then the Peer Performance Factor shall be 0%. View More
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