Document:

EX-10.5

 Exhibit 10.5 

Executive Plan Award 

KANSAS CITY SOUTHERN 

2008 STOCK OPTION 
 AND
PERFORMANCE AWARD PLAN 
 RESTRICTED SHARES AWARD AGREEMENT 

By this Agreement, Kansas City Southern, a Delaware corporation (the “Company”), awards to you, «Employee», an
employee of the Company or an Affiliate, as Grantee, that number of shares (“Restricted Shares”) of the Company’s Common Stock, $.01 par value, set forth below, subject to the terms and conditions set forth below and in the attached
Exhibit A hereto and in the Kansas City Southern 2008 Stock Option and Performance Award Plan (including Committee rules, regulations, policies and procedures established thereunder), as may from time to time be amended (the “Plan”), all
of which are an integral part of this Agreement. 
  

			
	Grant Date:		«Date»
		
	Period of Restriction:		Beginning on the Grant Date and ending on « date which is the second Friday of the month in which the restriction period ends»
		
	Number of Restricted Shares:		«EP_Shares»

 The Award evidenced by this Agreement shall not be effective until you have indicated your acceptance of
this Agreement by signing one copy of this Agreement in the space provided below and returning it to the Corporate Secretary’s Office, in the envelope provided, promptly after your receipt of this Agreement from the Company. You should retain
one copy of this Agreement for your records. 
  

			
	Kansas City Southern
		
	By:		  

			Name and Title

  

			
			ACCEPTED AND AGREED:
		
			  

			 «Employee»

«Address1»

«Address2»

		
			Dated:                                 

 EXHIBIT A 

to 
 RESTRICTED SHARES
AWARD AGREEMENT 
 1. Plan Governs. The Award and this Agreement are subject to the terms and conditions of the Plan. The Plan is
incorporated in this Agreement by this reference. All capitalized terms used in this Agreement have the meaning set forth in the Plan unless otherwise defined in this Agreement. By executing this Agreement, you acknowledge receipt of a copy of the
Plan and the prospectus covering the Plan and you acknowledge that the Award is subject to all the terms and provisions of the Plan. You further agree to accept as binding, conclusive and final all decisions and interpretations by the Plan Committee
with respect to any questions arising under the Plan. 
 2. Payment. The Restricted Shares are awarded to you without requirement of
payment. 
 3. Transfer Restrictions. Until the restrictions lapse, the Restricted Shares may not be assigned, alienated, pledged,
attached, sold or otherwise transferred or encumbered by you, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable; provided that the designation of a beneficiary pursuant
to Article 14 of the Plan shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. Certificates will be transferred to you only as provided in paragraph 4 of this Exhibit A. 

4. Record of Ownership. The number of your Restricted Shares with respect to which the restrictions have lapsed will be released from
restrictions on the books of the Company. Delivery may be effected on an uncertificated basis, to the extent not prohibited by applicable law or the rules of the New York Stock Exchange. To the extent the Shares are delivered in uncertificated form,
those Shares shall be deposited directly with Charles Schwab Trust Company, or such other agent designated by the Company, and the Company may utilize electronic or automated methods to transfer the Shares. Until the restrictions lapse, your
Restricted Shares either will be evidenced by certificates held by or on behalf of the Company (in which case you will sign and deliver to the Company a stock power relating to the Restricted Shares so that the Company may cancel the Restricted
Shares in the event of forfeiture), or the Restricted Shares will be reflected in a book-entry form or other account maintained by the Company, as determined by the Company. 

5. Rights as Stockholder. During the Period of Restriction you will have all of the rights of a stockholder of the Company with respect
to the Restricted Shares subject to the provisions of paragraph 3 of this Exhibit A. 
 6. Lapse of Restrictions Upon Vesting Date.
On each Vesting Date specified on the Schedule of Vesting Dates the number of Restricted Shares designated to vest on that date will then vest provided your Termination of Affiliation has not occurred prior to such Vesting Date. Restricted Shares
will no longer be subject to restrictions upon vesting. 
 7. Lapse of Restrictions Prior to Vesting Date. Any Restricted Shares that
have not otherwise vested according to the Schedule of Vesting Dates, will no longer be subject to restrictions upon the first of the following events to occur: 

  
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 (a) The last business day of the month in which you have a Termination of Affiliation due to
Retirement (as described below in this paragraph 7); or 
 (b) Your Termination of Affiliation by reason of your death; or 

(c) Your Termination of Affiliation by reason of your Disability; or 

(d) A Change of Control. 
 For purposes of this
paragraph 7 (Retirement means Retirement as defined in the Plan (Termination of Affiliation after having both attained age 55 and completed 10 years of service) and as specified in Committee rules, regulations or policies (which currently provide an
additional Retirement event of Termination of Affiliation after having attained age 65); provided, however, you will not have a Termination of Affiliation by reason of your Retirement unless your Termination of Affiliation occurs on or after the
last business day of the month in which you first satisfy the conditions for Retirement. 
 8. Acceleration of Vesting. The Committee
may at any time or times in its discretion accelerate the vesting of some or all of your Restricted Shares by specifying a date, other than what is provided in this Agreement, on which such Shares will no longer be subject to restrictions. Any such
Shares that are then vested under this paragraph 8 will not be forfeited under paragraph 9 of this Exhibit A. 
 9. Forfeiture. If
you have a Termination of Affiliation prior to any of the events specified in paragraph 7 of this Exhibit A, then upon such Termination of Affiliation you will forfeit any of your Restricted Shares that have not previously vested under this
Agreement, and all of your rights to and interest in such forfeited Restricted Shares will terminate upon forfeiture. You agree to immediately repay to the Company all dividends, if any, paid in cash or in stock with respect to your forfeited
Restricted Shares. 
 10. Tax Withholding. As of any date that a required tax withholding liability (“Required
Withholding”) occurs, you must remit all amounts necessary to satisfy the Required Withholding. The Company will not deliver Shares to you or release the restrictions on Shares under this Agreement unless you remit (or in appropriate cases
agree to remit) or otherwise provide for the Required Withholding as allowed under the Plan, as amended. 
 11. No Right to
Employment. Nothing in this Agreement shall interfere with or limit in any way the right of the Company or an Affiliate to terminate your employment or service at any time, nor confer upon you the right to continue in the employ of the Company
or an Affiliate. 
 12. Notices. Any notice to be given under the terms of this Agreement to the Company shall be addressed to the
Company in care of its Corporate Secretary. Any notice to be given to you shall be addressed to you at the address listed in the Company’s records. By written notice referencing this paragraph of this Agreement, either party may designate a
different address for notices. Any notice under this Agreement to the Company shall become effective upon receipt by the Company. Any notice under this Agreement to you will be deemed to have been delivered to you when delivered in person or when
deposited in the United States mail, addressed to you at your address on the shareholder records of the Company, or such other address as you have designated under this paragraph. 

  
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 13. Tax Consultation. Your signature on this Agreement means that you understand that you
may incur tax consequences as of any date that a number (which may be all or part) of your Restricted Shares would no longer be forfeited if you were to have a Termination of Affiliation on such date. You agree to consult with any tax consultants
you think advisable in connection with the Restricted Shares and you acknowledge that you are not relying, and will not rely, on the Company or any Affiliate for any tax advice. Please see Section 17.2 of the Plan regarding Code
Section 83(b) elections. 
 14. Amendment. The Company reserves the right to amend the Plan at any time. The Committee reserves
the right to amend this Agreement at any time. 
 15. Severability. If any part of this Agreement is declared by any court or
governmental authority to be unlawful or invalid, such unlawfulness or invalidity shall not serve to invalidate any part of this Agreement not declared to be unlawful or invalid. Any part so declared unlawful or invalid shall, if possible, be
construed in a manner which gives effect to the terms of such part to the fullest extent possible while remaining lawful and valid. 
 16.
Applicable Law. This Agreement shall be governed by the laws of the State of Delaware other than its laws respecting choice of law. 

17. Headings. Headings are provided herein for convenience only and are not to serve as a basis for interpretation or construction of
this Agreement. 

  
 4EX-10.6

 Exhibit 10.6 

KANSAS CITY SOUTHERN 

2008 STOCK OPTION 
 AND
PERFORMANCE AWARD PLAN 
 PERFORMANCE AWARD AGREEMENT 

By this Agreement, Kansas City Southern, a Delaware corporation (the “Company”), awards to you, David L. Starling, an
employee of the Company or an Affiliate, as Grantee, that number of performance shares (“Performance Shares”) of the Company’s Common Stock, $.01 par value, set forth below, subject to the terms and conditions set forth below and in
the attached Exhibit A hereto and in the Kansas City Southern 2008 Stock Option and Performance Award Plan (including Committee rules, regulations, policies and procedures established thereunder), as may from time to time be amended (the
“Plan”), all of which are an integral part of this Agreement. 
  

			
	Grant Date:		February 18, 2015
		
	Performance Shares:		30,000 total shares (consisting of three equal tranches of 10,000 shares each)
		
	Vesting Dates:		 Tranche #1: December 31, 2015 (subject to attainment of the Performance Goal below)

 
 Tranche #2: May 1, 2016 (subject to attainment of the Performance Goals below)

 
 Tranche #3: December 31, 2016 (subject to attainment of the Performance Goal
below)

		
	Performance Goals:		 Tranche #1 and #2: Operating Ratio for FY 2015 equals or exceeds the threshold Operating Ratio performance level under the FY 2015-17
Long Term Incentive Program.
  
 Tranche #3: Operating Ratio for FY 2016 equals or
exceeds the threshold Operating Ratio performance level under the FY 2015-17 Long Term Incentive Program.
  

Operating Ratio is defined in the FY 2015-17 Long Term Incentive Program.

 The Award evidenced by this Agreement shall not be effective until you have indicated your acceptance of
this Agreement by signing one copy of this Agreement in the space provided below and returning it to the Corporate Secretary’s Office, in the envelope provided, promptly after your receipt of this Agreement from the Company. You should retain
one copy of this Agreement for your records. 
  

			
	Kansas City Southern
		
	By:		 /s/ Adam Godderz

			Adam Godderz
			Corporate Secretary

  

			
			ACCEPTED AND AGREED:
		
			 /s/ David L. Starling

			David L. Starling
			Dated: February 18, 2015

  
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 EXHIBIT A 

to 
 PERFORMANCE SHARES
AWARD AGREEMENT 
 1. Plan Governs. The Award and this Agreement are subject to the terms and conditions of the Plan. The Plan is
incorporated in this Agreement by this reference. All capitalized terms used in this Agreement have the meaning set forth in the Plan unless otherwise defined in this Agreement. By executing this Agreement, you acknowledge receipt of a copy of the
Plan and the prospectus covering the Plan and you acknowledge that the Award is subject to all the terms and provisions of the Plan. You further agree to accept as binding, conclusive and final all decisions and interpretations by the Plan Committee
with respect to any questions arising under the Plan. 
 2. Payment. The Performance Shares are awarded to you without requirement of
payment by you. 
 3. Transfer Restrictions. The Performance Shares are rights that may not be assigned, alienated, pledged,
attached, sold or otherwise transferred or encumbered by you, and any such purported assignment, alienation, pledge, attachment, sale, transfer or encumbrance shall be void and unenforceable; provided that the designation of a beneficiary pursuant
to Article 14 of the Plan shall not constitute an assignment, alienation, pledge, attachment, sale, transfer or encumbrance. 
 4.
Vesting. You will become vested in the Shares on the applicable Vesting Date; provided (i) you do not have a Termination of Affiliation prior to such Vesting Date and (ii) the applicable Performance Goal is satisfied. If you have a
Termination of Affiliation prior to an applicable Vesting Date, then you will have no right to earn or receive payment of any Shares under this Agreement except as provided in paragraph 5 below. 

5. Termination of Affiliation Due to Change in Control, Death or Disability. Notwithstanding paragraph 4 to the contrary, if you have a
Termination of Affiliation prior to an applicable Vesting Date due to a Change in Control or due to your death or Disability, then upon such Termination of Affiliation, you will be deemed to have earned all of the Performance Shares subject to this
Agreement. 
 6. Payment of Shares. The Shares earned by you under this Agreement, and not forfeited under this Agreement, will be
delivered to you, or your beneficiary if you are deceased, as soon as practicable following each applicable Vesting Date, but no sooner than the date the Committee certifies that the Performance Goal has been met (or not met) and no later than two
and one-half months following the end of the tax year in which the applicable Vesting Date occurs. Notwithstanding the preceding sentence, in the event of vesting prior to an applicable Vesting Date under the conditions of paragraph 5, then the
Shares earned by you will be delivered to you or your beneficiary as soon as administratively practicable after your Termination of Affiliation. Delivery of Shares may be effected on an uncertificated basis, to the extent not prohibited by
applicable law or the rules of the New York Stock Exchange. To the extent the Shares are delivered in uncertificated form, your Shares shall be deposited directly with Charles Schwab Trust Company, or such other agent designated by the Company, and
the Company may utilize electronic or automated methods to transfer the Shares. 
 7. Rights as Stockholder. Prior to the time you
receive a payment of Shares under this Agreement, you will have no rights of a stockholder of the Company with respect to your Performance Shares or any Shares which may be or have been earned by you. Accordingly, with respect to the

  
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Performance Shares or any unearned or earned but unpaid Shares, in addition to the restrictions under paragraph 3 of this Agreement, you will not have the right to vote, you will not receive or
be entitled to receive cash or non-cash dividends, and you will not have any other beneficial rights as a shareholder of the Company. 
 8.
Tax Withholding. As of any date that a required tax withholding liability (“Required Withholding”) occurs, you must remit all amounts necessary to satisfy the Required Withholding. The Company will not deliver Shares to you or
release the restrictions on Shares under this Agreement unless you remit (or in appropriate cases agree to remit) or otherwise provide for the Required Withholding as allowed under the Plan, as amended. 

9. No Right to Employment. Nothing in this Agreement shall interfere with or limit in any way the right of the Company or an Affiliate
to terminate your employment or service at any time, nor confer upon you the right to continue in the employ of the Company or an Affiliate. 

10. Notices. Any notice to be given under the terms of this Agreement to the Company shall be addressed to the Company in care of its
Corporate Secretary. Any notice to be given to you shall be addressed to you at the address listed in the Company’s records. By written notice referencing this paragraph of this Agreement, either party may designate a different address for
notices. Any notice under this Agreement to the Company shall become effective upon receipt by the Company. Any notice under this Agreement to you will be deemed to have been delivered to you when delivered in person or when deposited in the United
States mail, addressed to you at your address on the shareholder records of the Company, or such other address as you have designated under this paragraph. 

11. Amendment. The Company reserves the right to amend the Plan at any time. The Committee reserves the right to amend this Agreement
at any time. 
 12. Severability. If any part of this Agreement is declared by any court or governmental authority to be unlawful or
invalid, such unlawfulness or invalidity shall not serve to invalidate any part of this Agreement not declared to be unlawful or invalid. Any part so declared unlawful or invalid shall, if possible, be construed in a manner which gives effect to the
terms of such part to the fullest extent possible while remaining lawful and valid. 
 13. Applicable Law. This Agreement shall be
governed by the laws of the State of Delaware other than its laws respecting choice of law. 
 14. Headings. Headings are provided
herein for convenience only and are not to serve as a basis for interpretation or construction of this Agreement. 

  
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