Document:

FSS-2014.12.31-10K Ex-10.v

Exhibit 10. v.

SECOND AMENDMENT
TO THE
FEDERAL SIGNAL CORPORATION RETIREMENT SAVINGS PLAN

(As Amended and Restated Effective as of January 1, 2010)

WHEREAS, Federal Signal Corporation (the "Company") maintains the Federal Signal Corporation Retirement Savings Plan (As Amended and Restated Effective as of January 1, 2010) (the "Plan") for the benefit of its eligible employees; and

WHEREAS, amendment of the Plan now is considered desirable to (i) reflect recent U.S. Supreme Court rulings and comply with Internal Revenue Service guidance implementing same, and (ii) make certain other changes to the Plan;

NOW, THEREFORE, by virtue of the power granted to the Benefits Planning Committee by Subsection 16.1 of the Plan, the Plan, as amended, is hereby further amended in the following particulars, effective as of June 25, 2014, unless otherwise specified:

1.        By substituting the phrase "a portion of the Plan is designed to be primarily invested" for the phrase "the Company required that a portion of the Plan be invested exclusively" and the word "some" for the phrase "a small amount" where the respective latter phrase appears in the first sentence of the second paragraph of Subsection 1.1 of the Plan.

2.         By substituting the phrase "be primarily invested" for the phrase "invest exclusively" and the word "some" for the phrase "a small amount" where the respective latter phrase appears in the first sentence of Subsection 2.27 of the Plan.

3.          By substituting the phrase "designed to be primarily" for the word "exclusively" and the word "some" for the phrase "a small amount" where the respective latter word or phrase appears in Subsection 2.29 of the Plan.

4.          Effective as of June 26, 2013, by substituting the following subsection for Subsection 2.63 of the Plan: 

"2.63    Spouse

Unless the provisions of any Qualified Domestic Relations Order provide otherwise, 'Spouse' means the person to whom the Participant is legally married at the earlier of the date of the Participant's death or the date payment of the Participant's benefits commenced and who is living on the date of the Participant's death. Effective as of June 26, 2013, a person of the same sex as the Participant shall be a Spouse, provided the couple was legally married in a jurisdiction that authorizes same-sex marriage (even if the couple lives in a jurisdiction that does not recognize same-sex marriage). Notwithstanding the foregoing, a person of the same sex as the Participant shall not be a Spouse for Plan purposes prior to June 26, 2013."
5.          By substituting the following subsection for Subsection 6.1 of the Plan:
"6.1      Investment Funds

The ESOP portion of the Plan is designed to be primarily invested in the Federal Signal Stock Fund, except that the Trustee may hold some of the assets of the Federal Signal Stock Fund in cash pending investment, distribution, reallocation or transfer. The Non-ESOP portion of the Plan shall be invested in one or more Investment Funds designated by the Investment Committee in its discretion for the investment of Participants' Accounts. The Investment Committee, in its discretion, may from time to time establish new Investment Funds or eliminate existing Investment Funds. Contributions to the Plan may be uninvested pending  allocation to the Investment Funds. The investment manager of each Investment Fund, or the Trustee if there is no investment manager, may invest the Investment Fund in short term investments or hold the assets thereof in cash pending investment, distribution, reallocation or transfer."

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6.          Effective as of January 1, 2014, by substituting the following paragraphs for Paragraphs 10.4(c) and 10.4(d) of the Plan:

		
	"( c)
	If an estate is not opened on behalf of the Surviving Payee, to the duly authorized individual properly designated by any applicable small estate affidavit or similar documentation issued pursuant to applicable state law.

		
	(d)
	If there is no duly authorized individual properly designated by any applicable small estate affidavit or similar documentation issued pursuant to applicable state law, to or for the benefit of one or more of the Surviving Payee's relatives by blood, adoption or marriage in such proportions as the Committee (or its delegate) determines."

7.         Effective January 1, 2015, by inserting the phrase "correct any defect and supply any information," following the phrase "inconsistencies, or omissions," where the latter phrase appears in Paragraph 13.5(c) of the Plan.

8.         Effective January 1, 2015, by substituting the following sentence for the penultimate sentence of Subsection 14.6 of the Plan:

"In addition, any such judicial proceeding must be filed no later than the earliest of (i) 90 days after the Committee's final decision regarding the claim appeal, (ii) three years after the date on which the Participant or other claimant commenced payment of the Plan benefits at issue in the judicial proceeding, or (iii) the statutory deadline for filing a claim or lawsuit with respect to the Plan benefits at issue in the judicial proceeding as determined by applying the most analogous statute of limitations for the state of Illinois."

9.          Effective as of January 1, 2014, by adding the following new flush paragraph at the end of Subsection 16.1 of the Plan:

"No person has the authority to modify the terms of the Plan, except by means of authorized written amendments to the Plan. No verbal or written representations contrary to the terms of the Plan and its written amendments shall be binding upon the Employers or the Plan."

[signature follows on next page]

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IN WITNESS WHEREOF, this Amendment has been executed by the Benefits Planning Committee on behalf of the Company, this 30th day of December, 2014.

	
					
	 
	 
	 
	FEDERAL SIGNAL CORPORATION

	 
	 
	 
	BENEFITS PLANNING COMMITTEE

	 
	 
	 
	/s/ Julie A. Cook
	 

	 
	 
	 
	Vice President, Human Resources

-4-AEE 2014 10-K-Exhibit 10.13

Exhibit 10.13

2015 AMEREN EXECUTIVE INCENTIVE PLAN FOR OFFICERS

SUMMARY
The Ameren Executive Incentive Plan (“EIP”) is intended to reward eligible Officers for their contributions to Ameren’s success. The EIP rewards Officers for Ameren’s earnings per share (“EPS”) results, operational performance results and individual performance. The EIP is approved by the Human Resources Committee of Ameren’s Board of Directors (“Committee”). Ameren reserves the right at its sole discretion to revise, modify, suspend, continue or discontinue the EIP after the current plan year.  

EIP ELIGIBILITY
All Officers who are actively employed on the date the award is paid and, if applicable, who comply with the Confidentiality and Non-Solicitation obligations described below are eligible to participate in the EIP pursuant to the terms described herein. Additionally, Officers who terminate employment during the plan year (or following the plan year but before the award is paid) because they retire, die, become disabled, or whose employment is involuntarily terminated during the plan year as a result of a reduction in force, elimination of position, or change in strategic demand, are eligible to participate in the EIP pursuant to the terms described herein. Officers who voluntarily or involuntarily terminate employment for any reason other than those reasons described in the prior sentence during the plan year or following the plan year but before awards are paid, are not eligible to participate in the EIP.

AWARD OPPORTUNITIES
Award opportunity percentages are set by the Human Resources Committee of the Board of Directors. Officers will receive individual communication regarding their short-term incentive target opportunity expressed as a percentage of their 2015 base salary. 2015 base salary is defined, generally, as the salary at the end of the plan year or at the time of eligible termination of employment, if earlier. However, if salary changes during the plan year, proration will apply as specified in “Job changes during plan year (e.g. salary increase, new role, etc.)” under “Impact of Employment Events” (below).  

In addition, if Officer violates the Confidentiality and Non-Solicitation obligations described below, or engages in conduct or activity that is detrimental to Ameren in the one year after Officer’s employment with Ameren ends, then the Officer will not be eligible for the award and the award will be rescinded.  If Officer violates the Confidentiality and Non-Solicitation obligations after the award is paid, or if Ameren learns of the violations after the award is paid, Officer shall repay the award to Ameren within thirty (30) days of receiving a demand from Ameren for the repayment of the award.  Similarly, if Officer engages in conduct or activity that is detrimental to Ameren after the award is paid, or if Ameren learns of the detrimental conduct or activity after the award is paid, and such conduct occurred less than one year after Officer’s employment with Ameren ended, Officer shall repay the award to Ameren within thirty (30) days of receiving a demand from Ameren for the repayment of the award and Ameren shall be entitled to an award of attorneys’ fees incurred in connection with securing such repayment.   
PLAN STRUCTURE
The EIP is designed to reward Officers for their contributions to Ameren’s success. This is accomplished by rewarding Officers for the achievement of EPS goals, operational performance and their own personal contributions to Ameren’s performance. The EIP has four primary components: (1) annual performance metrics; (2) a base award; (3) an individual performance modifier; and (4) an individual short-term incentive payout. These components are described in more detail below.

Annual Performance Metrics (EPS & Operations)
All Officers should be focused on both the financial and operational success of our organization. Thus, Officers will be rewarded for financial (EPS) and operational (safety and customer) performance. These metrics are weighted as follows: 80% based on EPS, 10% based on safety performance and 10% based on customer performance.  

Three levels of performance achievement will be established to reward eligible Officers for results achieved in EPS & operational performance. Achievement between the established levels will be interpolated. The three levels are defined as follows:

		
	1.
	Threshold: Threshold is the minimum level of Ameren performance achievement necessary for short-term incentive funds to be available. This level must be achieved to justify the payment based on our fiduciary responsibility to our shareholders.

		
	2.
	Target: This is the targeted level of Ameren EPS & operational achievement.  

		
	3.
	Maximum: This level shares higher rewards in years of outstanding performance. This level will be very difficult to achieve, but in years of outstanding performance, Officers will share in Ameren’s success.  

Base Award
Following the conclusion of the plan year, Ameren’s actual EPS & operational performance will be measured. EPS achievement levels may be adjusted to include or exclude specified items of an unusual nature or non-operating or significant events not anticipated in the business plan when EPS achievement levels were established as determined by the Committee at its sole discretion and as permitted by the Ameren Corporation 2014 Omnibus Incentive Compensation Plan (“Plan”). Using these performance results, a formulaic base award will be determined for each Officer. As described below, this formulaic base award will then be subject to modification based on the Officer’s individual performance.

Individual Performance Modifier
The base award for each Officer may be adjusted up by as much as 50% or down by as much as 50% with the ability to pay zero for poor or non-performance, based on the Officer's individual contributions and performance during the plan year, as determined by the Committee at its sole discretion and as permitted by the Plan. Demonstrated leadership and the achievement of key operational goals (besides those specifically measured under the Plan) will also be considered when further modifying the base award for each Officer.  

Individual Short-Term Incentive Payout
The individual short-term incentive payout represents the actual short-term incentive award an Officer will receive as a result of both Ameren’s performance and the Officer’s own individual performance. Subject to the terms described herein, the maximum payout under the EIP is 200% of the Officer's short-term incentive target opportunity.  

CONFIDENTIALITY AND NON-SOLICITATION OBLIGATIONS
 
All Officers 
Officers, by virtue of their position with Ameren, have access to and/or receive trade secrets and other confidential and proprietary information about Ameren’s business that is not generally available to the public and which has been developed or acquired by Ameren at considerable effort and expense (hereinafter “Confidential Information”).  Confidential Information includes, but is not limited to, information about Ameren’s business plans and strategy, environmental strategy, legal strategy, legislative strategy, finances, marketing, management, operations, and/or personnel.  Officer agrees that, both during and after Officer’s employment with Ameren, Officer:
a) will only use Confidential Information in connection with Officer’s duties and activities on behalf of or for the benefit of Ameren;

b) will not use Confidential Information in any way that is detrimental to Ameren;
c) will hold the Confidential Information in strictest confidence and take reasonable efforts to protect such Confidential Information from disclosure to any third party or person who is not authorized to receive, review or access the Confidential Information; 
d) will not use Confidential Information for Officer’s own benefit or the benefit of others, without the prior written consent of Ameren; and 
e) will return all Confidential Information to Ameren within two business days of the Officer’s termination of employment or immediately upon Ameren’s demand to return the Confidential Information to Ameren. 

Officer agrees that, for one year from the end of Officer’s employment, Officer will not, directly or indirectly, on behalf of Officer or any other person, company or entity:
a) market, sell, solicit, or provide products or services competitive with or similar to products or services offered by Ameren to any person, company or entity that: i) is a customer or potential customer of Ameren during the twelve (12) months prior to Officer’s termination of employment and ii) with which Officer 1) had direct contact with during the twelve (12) months prior to Officer’s termination of employment or 2) possessed, utilized or developed Confidential Information about during the twelve (12) months prior to Officer’s termination of employment;
b) raid, hire, solicit, encourage or attempt to persuade any employee or independent contractor of Ameren, or any person who was an employee or independent contractor of Ameren during the 24 months preceding Officer’s termination, to leave the employ of, terminate or reduce the person’s employment or business relationship with Ameren; 
c) interfere with the performance of any Ameren employee or independent contractor’s duties for Ameren.
AMEREN RELIEF

Officer acknowledges and agrees that the Confidentiality and Non-Solicitation provisions set forth above are necessary to protect Ameren’s legitimate business interests, such as its Confidential Information, goodwill and customer relationships.  Officer acknowledges and agrees that a breach by Officer of either the Confidentiality or Non-Solicitation provision will cause irreparable damage to Ameren for which monetary damages alone will not constitute an adequate remedy.  In the event of such breach or threatened breach, Ameren shall be entitled as a matter of right (without being required to prove damages or furnish any bond or other security) to obtain a restraining order, an injunction, or other equitable or extraordinary relief that restrains any further violation or threatened violation of either the Confidentiality or Non-Solicitation provision, as well as an order requiring Officer to comply with the Confidentiality and/or Non-Solicitation provisions.  Ameren’s right to a restraining order, an injunction, or other equitable or extraordinary relief shall be in addition to all other rights and remedies to which Ameren may be entitled to in law or in equity, including, without limitation, the right to recover monetary damages for Officer’s violation or threatened violation of the Confidentiality and/or Non-Solicitation provisions.  Finally, Ameren shall be entitled to an award of attorneys’ fees incurred in connection with securing any relief hereunder and/or pursuant to a breach or threatened breach of the Confidentiality and/or Non-Solicitation provisions.

EIP PAYOUT 
2015 EIP awards will be paid no later than March 15, 2016.  In no event will an Officer be eligible for, or entitled to, a payment of an award if he is not actively employed with Ameren on the date the award is paid. 

Impact of Events
The following table shows the impact of various events. 
	
		
	Event
	Payout

	
		
	Hire during plan year
	The award pays out by March 15, 2016 based on 2015 base salary and EPS & operational performance, pro rata for the number of days worked in the plan year and subject to the individual performance modifier.

	Job changes during plan year (e.g. salary increase, new role, etc.)
	The award pays out by March 15, 2016, pro rata based on any changes in short-term incentive target opportunity, salary, performance metric and/or plan eligibility for each respective time period during the plan year, and subject to the individual performance modifier. 

	Death, disability or retirement during plan year or following plan year but before award is paid
	The award pays out by March 15, 2016 based on 2015 base salary and EPS & operational performance, pro rata for the number of days worked in the plan year, and subject to the individual performance modifier.

	Paid, unpaid or military leave of absence during plan year
	Treated as a period of normal employment. 

	Involuntary termination as a result of a reduction in force, elimination of position, or change in strategic demand
	The award pays out by March 15, 2016 based on 2015 base salary and EPS & operational performance, pro rata for the number of days worked in the plan year, and subject to the individual performance modifier, assuming the eligible participant signed and returned the Company’s approved general release and waiver within 45 days of termination and the seven day revocation period (from the date of signed release) has expired. 

	Other involuntary or voluntary termination 
	No payout if termination occurs during the plan year or following the plan year but before any award is paid. 

	Change of control
	The impact of Change of Control is described in the Second Amended and Restated Ameren Corporation Change Of Control Severance Plan, as amended. Please refer to this document for further information.

	Violation of Confidentiality or Non-Solicitation Provision, or engaging in conduct or activity that is detrimental to Ameren
	No payout if violation occurs before any award is paid.  If violation occurs after the award is paid, Officer will repay the award upon demand from Ameren.

The Committee will review and has the authority to approve the final amount of payment. All payments are within the complete and sole discretion of the Committee. The final payment granted is final and conclusive and not subject to review.  

CONTACT
Questions regarding this plan may be directed to the Senior Director, Talent Management & Executive Compensation at 314.554.2049, or the Executive Compensation Manager at 314.206.0642.

ADMINISTRATION
This EIP and the employee’s rights hereunder are subject to all the terms and conditions of the Plan, as the same may be amended from time to time, as well as to such rules and regulations as the Committee or its designee may adopt for administration of the Plan. The Committee, or its designee, is authorized to administer, construe and make all determinations necessary or appropriate to the administration of this EIP, all of which will be binding upon participants. If any provision of this EIP conflicts in any manner with the Plan, the terms of the Plan shall control.

GOVERNING LAW AND JURISDICTION
The EIP shall be interpreted and governed in accordance with the laws of the State of Missouri.  Any action regarding the EIP shall be brought in either the state or Federal court located in St. Louis, Missouri, and Officer agrees to submit himself/herself to the jurisdiction of the state or Federal court located in St. Louis, Missouri without regard to conflicts of law principles or personal jurisdiction. If a court construes any provision, or any part of any provision, found in either the above Confidentiality or Non-Solicitation provisions to be unreasonable or unenforceable, such court may revise the provision to the maximum extent permitted by Missouri law and then enforce such provision as so revised. 

MISCELLANEOUS
No employee shall have any claim or right to receive an award under this EIP. Neither this EIP nor any action taken hereunder shall be construed as giving an employee any right to be retained by Ameren Corporation or any of its subsidiaries or to limit in any way the right of Ameren Corporation or any of its subsidiaries to change such employee’s compensation or other benefits or to terminate the employment or service of such person with or without cause. For purposes of this EIP, the transfer of employment by an employee between subsidiaries shall not be deemed a termination of the employee’s employment.

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