First Amendment to DST Systems, Inc. 2005 Non-Employee Directors’ Award Plan
This amendment updates the DST Systems, Inc. 2005 Non-Employee Directors’ Award Plan, effective November 30, 2005. It revises how stock prices are determined for the plan, allowing the Committee to select the financial publication used for reporting prices. It also clarifies that amendments materially increasing participant benefits require Board determination. The amendment was approved by the Board of Directors and signed by M. Jeannine Strandjord.
Exhibit 10.17.2
FIRST AMENDMENT TO THE
DST SYSTEMS, INC.
2005 NON-EMPLOYEE DIRECTORS’ AWARD PLAN
The DST Systems, Inc. 2005 Non-Employee Directors’ Award Plan, effective May 10, 2005 (the “Plan”), is hereby amended, effective November 30, 2005, as follows:
I.Section 2.17(a)(i) is deleted in its entirety and replaced to read as follows:
(i) the average of the highest and lowest reported sales prices on the New York Stock Exchange as reported in a financial publication of general circulation as selected by the Committee from time to time;
II.Section 2.17(a)(ii) is amended by deleting the phrase “as reported in the appropriate table or listing contained in The Wall Street Journal” and replacing it with “as reported in a financial publication of general circulation as selected by the Committee from time to time.”
III.Section 10.1(a) is amended to add the following to the end thereof after the comma:
or if such amendment, in the determination of the Board, materially increases benefits accruing to Plan participants,
Approved by the Board of Directors November 30, 2005.
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| By: | /s/ M. Jeannine Strandjord |
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| M. Jeannine Strandjord |
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