0000277509-15-000031 Sample Contracts

Federal Signal Corporation 2005 Executive Incentive Compensation Plan (2010 Restatement) Nonqualified Stock Option Award Agreement
Federal Signal Corp /De/ • April 30th, 2015 • Motor vehicles & passenger car bodies

THIS AWARD AGREEMENT, effective as of the Date of Grant set forth above, represents the grant of nonqualified stock options (the “Options”) by Federal Signal Corporation, a Delaware corporation (together with its wholly owned subsidiaries hereinafter referred to as the “Company”), to the Participant named above, pursuant to the provisions of the Plan.

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Federal Signal Corporation 2005 Executive Incentive Compensation Plan (2010 Restatement) Nonqualified Stock Option Award Agreement
Federal Signal Corp /De/ • April 30th, 2015 • Motor vehicles & passenger car bodies • Illinois

THIS AWARD AGREEMENT, effective as of the Date of Grant set forth above, represents the grant of nonqualified stock options (the “Options”) by Federal Signal Corporation, a Delaware corporation (the “Company”), to the Participant named above, pursuant to the provisions of the Plan.

Employee: Date of Grant: Number of PSUs Subject to this Award Agreement: Performance and Vesting Periods: January 1, 2015 through December 31, 2017
Federal Signal Corp /De/ • April 30th, 2015 • Motor vehicles & passenger car bodies • Illinois

This Award shall be subject to the terms and conditions prescribed in the Plan and in the Federal Signal Corporation Performance Share Unit Award Agreement No. 2015 attached hereto. Calculations of performance versus target, threshold and maximum values set forth above are made by the Administrator in accordance with the terms of the Plan and are final and binding.

Employee: Date of Grant: Number of PSUs Subject to this Award Agreement: Performance and Vesting Periods: January 1, 2015 through December 31, 2017
Federal Signal Corp /De/ • April 30th, 2015 • Motor vehicles & passenger car bodies • Illinois

This Award shall be subject to the terms and conditions prescribed in the Plan and in the Federal Signal Corporation Performance Share Unit Award Agreement No. 2015 attached hereto. Calculations of performance versus target, threshold and maximum values set forth above are made by the Administrator in accordance with the terms of the Plan and are final and binding.

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