Long Term Incentive Plan
Relative Total Shareholder Return

Calculation as of May 18, 2012

The average 20 day stock price as of January 1, 2009 is $46.87 (based upon stock prices from December 3, 2008 to December 31, 2008). As of May 18, 2012, the 20 day historical stock price is $57.36 (based upon stock prices from April 23, 2012 to May 18, 2012). Further, Company XYZ has paid out $1.66 in dividends through the Performance Period. All dividends are assumed to have been re-invested at the ex-dividend date. Therefore, Company XYZ has yielded a TSR of 22.39% calculated as follows:

Comparatively against the components of the S&P 400 during the same Performance Period, this ranks # 276 of 348, or the 21^st Percentile. Therefore, based on the 21^st Percentile, as of May 18, 2012 it is expected that 3% of the Relative TSR Target Awards (50% of the Total Awards) will vest. In summary of the S&P 400, the TSR at the payout thresholds are the following:

Note that this number will change dependent on performance over the remainder of the performance period. (To download the 20 day preceding TSR of each member of the S&P 400 since January 1, 2009 by stock symbol, please click here.)

Performance Condition

Through September 30, 2009 the Company's Return on Equity is 3.27%. Accordingly, if vesting occurred today, it is expected that 50% of the Return on Equity Awards (50% of the Total Awards) will vest.

Summary

¹Return on Equity Metric updated as of September 30, 2009. Relative TSR updated daily.

Other Information

For the tax consequences of your Performance Period, click here.
To download the Company XYZ Long Term Incentive Plan click here.
To contact Human Resources, e-mail or call (555) 555-1212.