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HPQ » Topics » PERFORMANCE CONDITIONS Total Shareowner Return (TSR)

These excerpts taken from the HPQ 10-Q filed Sep 8, 2005.

PERFORMANCE CONDITIONS
Total Shareowner Return (TSR)

        The following multiplier will be applied to the Conditional Payout at the end of the Restriction Period, depending on the Company's three-year average performance as compared to the three-year average of the S&P 500 beginning on May 1, 2005:

 
   TSR percentile of the three-year
average of the S&P 500
   Multiplier
Below Threshold        
Threshold        
Target        
Aspirational        

        The multiplier is linearly applied between threshold and target, and target and aspirational.

PERFORMANCE CONDITIONS
Total Shareowner Return (TSR)

        The following multiplier will be applied to the Conditional Payout at the end of the Restriction Period, depending on the Company's three-year average performance as compared to the three-year average of the S&P 500 beginning on May 1, 2005:

 
   TSR percentile of the three-year
average of the S&P 500
   Multiplier
Below Threshold        
Threshold        
Target        
Aspirational        

        The multiplier is linearly applied between threshold and target, and target and aspirational.

EXCERPTS ON THIS PAGE:

10-Q (2 sections)
Sep 8, 2005

RELATED TOPICS for HPQ:

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