Total Return to Shareholders

Example Definitions of "Total Return to Shareholders"
Total Return to Shareholders. The total annual return to the holders of Common Shares during the Measurement Period. Total Return to Shareholders shall be measured by assuming a hypothetical investment of $100 in Common Shares on the first day of the Measurement Period (the "Initial Investment") and calculating the value of such investment as of the Valuation Date, assuming all dividends paid on the Common Shares are reinvested into additional Common Shares (the "Total Return"). The difference between the Total Return and... the Initial Investment will be divided by the Initial Investment and the resulting number further divided by the number of years in the Measurement Period to determine the Annualized Total Shareholder Return. For example, if the Total Return is $170 and the Measurement Period ends on the Measurement Date, the Annualized Total Shareholder Return is: (170-100)/100=70% 70/5=14% View More
Total Return to Shareholders. Means the percentage appreciation in the Common Share Price from the Effective Date to the Valuation Date, determined by dividing (a) the difference obtained by subtracting (1) the Effective Date Common Share Price, from (2) the Common Share Price on the Valuation Date plus all dividends paid on a Common Share from the Effective Date to the Valuation Date up to a maximum of $6.22 by (b) the Effective Date Common Share Price; provided, however, for the purpose of calculating Total Return to... Shareholders under Sections 3(b)(ii) and (iii), no such dividend per share limitation shall apply for purposes of the comparison of Total Return to Shareholders to the 50th Percentile; provided, further, that for the purposes of calculating the Total Return to Shareholders under Section 2(b)(iii), the amount of the maximum dividend considered herein shall be prorated based on the number of days from the Effective Date to and including the date of the Change in Control divided by the total number of days from the Effective Date to and including the Measurement Date. Additionally, as set forth in, and pursuant to, Section 6, appropriate adjustments to the Total Return to Shareholders shall be made to take into account all stock dividends, stock splits, reverse stock splits and the other events set forth in Section 6 that occur between the Effective Date and the Valuation Date. View More
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