Document:

exv10w5w10

 

EXHIBIT 10.5.10

KANSAS CITY SOUTHERN

1991 AMENDED AND RESTATED STOCK OPTION

AND PERFORMANCE AWARD PLAN

(As Amended and Restated Effective as of May 5, 2005)

RESTRICTED SHARES AWARD AGREEMENT

     By this Agreement, Kansas City Southern, a Delaware corporation (the “Company”), awards to
you, «First_Name» «Middle_Name» «Last_Name», an employee of the Company or a Subsidiary, 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 1991 Amended and Restated Stock Option and Performance Award
Plan (As Amended and Restated Effective as of May 5, 2005), as may from time to time be amended
(the “Plan”), all of which are an integral part of this Agreement.

	 	 	 
	Grant Date
	 	 [Date]
	Number of Restricted Shares

	 	 «Shares»
	Schedule of Vesting Dates

	 	«Shares1» will vest on the last business day of [Month, Year]
	 

	 	«Shares2» will vest on the last business day of [Month, Year]
	 

	 	«Shares3» will vest on the last business day of [Month, Year]
	 

	 	«Shares4» will vest on the last business day of [Month, Year]
	 

	 	«Shares5» will vest on the last business day of [Month, Year]

     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, within ten (10) days
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:

	 	 
	 
	 	 
	«Title» «First_Name» «Middle_Name» «Last_Name»

«Address_Line_1»

«Address_Line_2»

«City», «State» «ZIP_Code»
	 	 
	 
	 	 
	Dated:                     , 200___
	 	 

 

 

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
11 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. Certificates. You will receive certificates for the number of your Restricted
Shares with respect to which the restrictions have lapsed. 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.

     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
previously vested according to the Schedule of Vesting Dates, will no longer be subject to
restrictions upon the first of the following events to occur:

	 	(a)	 	The last business day of the month in which you have a
Termination of Affiliation due to Retirement (you will not have a Termination
of Affiliation

2

 

	 	 	 	due to 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); or
	 
	 	(b)	 	Your Termination of Affiliation due to your death; or
	 
	 	(c)	 	Your Termination of Affiliation due to your Disability; or
	 
	 	(d)	 	A Change in Control.

     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 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, or as of any other date that a Required Withholding liability occurs, you must remit the
minimum amount necessary to satisfy the Required Withholding relating to such number of your
Restricted Shares that would not be so forfeited. The Committee may require you to satisfy the
Required Withholding by any (or a combination) of the following means: (i) a cash payment; (ii)
withholding from compensation otherwise payable to you; (iii) authorizing the Company to withhold
from any of your Restricted Shares that are no longer subject to forfeiture a number of Shares
having a Fair Market Value less than or equal to the Required Withholding; or (iv) delivering to
the Company Mature Shares having a Fair Market Value less than or equal to the amount of the
Required Withholding. The Committee may, but is not required to, approve your irrevocable election
made prior to the time the Required Withholding liability occurs to have the Company withhold from
your Restricted Shares that will no longer be subject to forfeiture at the time the Required
Withholding liability occurs, a number of Shares having a Fair Market Value less than or equal to
the Required Withholding. If at the time the Required Withholding liability occurs you are
entitled to receive certificates for Shares under this Agreement, the Company will not deliver your
certificates unless you remit (or in appropriate cases agree to remit) the Required Withholding
relating to your Shares as described above.

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

     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 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

3

 

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.

     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 Subsidiary for any tax advice. Please see Section 16.2 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.

4exv10w6w4

 

EXHIBIT 10.6.4

AMENDMENT

TO THE

KANSAS CITY SOUTHERN

401(k) AND PROFIT SHARING PLAN

(As Amended and Restated Effective April 1, 2002)

     The Kansas City Southern 401(k) and Profit Sharing Plan, as amended and restated effective
April 1, 2002, (the “Plan”), and as subsequently amended by five amendments thereto, is hereby
further amended as follows effective upon the execution of this amendment except where otherwise
stated:

     1. The following paragraph is added to Section 2.01 (“Eligibility”) of the Plan immediately
following the first paragraph of Section 2.01:

     Notwithstanding the preceding paragraph of this Section 2.01, any Employee
(other than an Excluded Employee) who is classified by the Employer as either a
part-time employee, a seasonal employee or a temporary employee shall become a
Participant in the Plan on the Plan Entry Date (if employed on that date) coincident
with or immediately following the date such Employee has both completed one Year of
Service and attained age 18. If an Employee who is classified by the Employer as
either a part-time employee, a seasonal employee or a temporary employee, is a
Participant in the Plan on the date of the execution of this amendment, but has not
met the requirements for participation under the preceding sentence, then such
Employee shall cease to be a Participant on the day following the date of execution
of this amendment and shall thereafter become a Participant in the Plan on the Plan
Entry Date (if employed on that date) coincident with or immediately following the
date such Employee has both completed one Year of Service and attained age 18.

     2. Section 2.02 (“Year of Service — Participation”) of the Plan is deleted and the following
Section 2.02 is substituted:

     2.02 Year of Service — Participation. An Employee who is classified
by the Employer as either a part-time employee, a seasonal employee or a temporary
employee will complete one Year of Service for purposes of such Employee’s
eligibility to participate in the Plan under Section 2.01 if the Employee completes
at least 1,000 Hours of Service during an eligibility computation period. For
purposes of this Section 2.02, an eligibility computation period means the
12-consecutive-month period commencing with such Employee’s Employment Commencement
Date. Subsequent eligibility computation periods will be each Plan Year commencing
with the Plan Year in which occurs the first anniversary of such Employee’s
Employment Commencement Date. The Plan does not require an Employee who terminates
employment to establish a new Employment Commencement Date if re-employed by the
Employer.

 

 

     3. The following paragraph is added to the end of Section 3.04 (“Contribution Allocations”)
of the Plan effective on and after January 1, 2006:

     Compliance with Treasury Regulations under Code Sections 401(k) and 401(m).
Notwithstanding any provisions of the Plan to the contrary, any allocation of
qualified matching contributions or qualified nonelective contributions shall comply
with the applicable provisions of the Treasury Regulations issued under Code Section
401(k) and Code Section 401(m).

     4. The following paragraph is added to Section 6.03(E) (“Special Distributions Rules for
Deferral Contributions Account, Rollover Account and Qualified Accounts”) of the Plan immediately
preceding the subparagraph titled “Procedure”:

     Disability. A Participant may withdraw all or any part of the Participant’s
Deferral Contributions Account (including the Participant’s Catch-up Contributions
Subaccount), Qualified Matching Contributions Account, Qualified Nonelective
Contributions Account, Profit Sharing Contributions Account and Rollover Account if
the Participant is disabled. A Participant who is 100% vested in the Participant’s
Regular Matching Contribution Account also may withdraw all or any part of the
Participant’s Regular Matching Contribution Account if the Participant is disabled.
For purposes of this paragraph, a Participant is disabled if the Participant is
unable to engage in any substantial gainful activity by reason of any medically
determinable physical or mental impairment which can be expected to result in death
or to be of long-continued and indefinite duration.

     5. Effective on and after January 1, 2006, the allocable income under Section 12.04 (“Actual
Deferral Percentage (“ADP”) Test”) of the Plan with respect to a corrective distribution for the
“gap period”, and the allocable income under Section 12.05 (“Nondiscrimination Rules for Employer
Matching Contributions/Employee Contributions”) of the Plan with respect to a corrective
distribution for the “gap period”, shall be determined in accordance with final Treasury
Regulations issued under Code Section 401(k) and Code Section 401(m) notwithstanding any contrary
provisions in Section 12.04 or Section 12.05.

     IN WITNESS WHEREOF, Kansas City Southern has executed this Amendment this 7th day of August,
2007.

	 	 	 	 	 
	 	KANSAS CITY SOUTHERN

 	 
	 	By:  	             /s/ Michael R. Haverty
 	 
	 	 	Michael R. Haverty, Chairman & CEO 	 
	 	 	 	 

-2-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00136-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00136-of-00352.parquet"}]]