Common use of Number of Shares Earned Clause in Contracts

Number of Shares Earned. Your Award of Performance Shares specifies a number of Performance Shares awarded with respect to the FY 2014-16 Performance Period. The number of Performance Shares designated for the FY 2014-16 Performance Period represents a target number of Shares to be earned if the Company performance goals (the “Performance Goals”) are met for the FY 2014-16 Performance Period. As of the last day of the FY 2014-16 Performance Period, the Committee will determine, in accordance with the Schedule of Performance Goals below (the "Performance Schedule"), the number of Shares, if any, earned by you. The earned Shares will be paid as provided in paragraph 7 of this Performance Shares Award section subject to satisfaction of the vesting requirements and forfeiture provisions of paragraph 4 and paragraph 10 of this Performance Shares Award section.

Appears in 2 contracts

Samples: Stock Option and Performance Award Plan (Kansas City Southern), Kansas City Southern (Kansas City Southern)

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Number of Shares Earned. Your Award of Performance Shares specifies a number of Performance Shares awarded with respect to the FY 20142012-16 14 Performance Period. The number of Performance Shares designated for the FY 20142012-16 14 Performance Period represents a target number of Shares to be earned if the Company performance goals (the “Performance Goals”) are met for the FY 20142012-16 14 Performance Period. As of the last day of the FY 20142012-16 14 Performance Period, the Committee will determine, in accordance with the Schedule of Performance Goals below (the "Performance Schedule"), the number of Shares, if any, earned by you. The earned Shares will be paid as provided in paragraph 7 of this Performance Shares Award section subject to satisfaction of the vesting requirements and forfeiture provisions of paragraph 4 and paragraph 10 of this Performance Shares Award section.

Appears in 2 contracts

Samples: Non Qualified Stock Option, Restricted Share and Performance Share Award Agreement (Kansas City Southern), Non Qualified Stock Option, Restricted Share and Performance Share Award Agreement (Kansas City Southern)

Number of Shares Earned. Your Award of Performance Shares specifies a number of Performance Shares awarded with respect to the FY 20142013-16 15 Performance Period. The number of Performance Shares designated for the FY 20142013-16 15 Performance Period represents a target number of Shares to be earned if the Company performance goals (the “Performance Goals”) are met for the FY 20142013-16 15 Performance Period. As of the last day of the FY 20142013-16 15 Performance Period, the Committee will determine, in accordance with the Schedule of Performance Goals below (the "Performance Schedule"), the number of Shares, if any, earned by you. The earned Shares will be paid as provided in paragraph 7 of this Performance Shares Award section subject to satisfaction of the vesting requirements and forfeiture provisions of paragraph 4 and paragraph 10 of this Performance Shares Award section.

Appears in 2 contracts

Samples: Stock Option and Performance Award Plan (Kansas City Southern), Kansas City Southern (Kansas City Southern)

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Number of Shares Earned. Your Award of Performance Shares specifies a number of Performance Shares awarded with respect to the FY 20142018-16 20 Performance Period. The number of Performance Shares designated for the FY 20142018-16 20 Performance Period represents a target number of Shares to be earned if the Company performance goals (the “Performance Goals”) are met for the FY 20142018-16 20 Performance Period. As of the last day of the FY 20142018-16 20 Performance Period, the Committee will determine, in accordance with the Schedule of Performance Goals below (the "Performance Schedule"), the number of Shares, if any, earned by you. The earned Shares will be paid as provided in paragraph 7 of this Performance Shares Award section subject to satisfaction of the vesting requirements and forfeiture provisions of paragraph 4 and paragraph 10 of this Performance Shares Award section.

Appears in 1 contract

Samples: Award Agreement (Kansas City Southern)

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