Burlington Northern and Santa Fe Railway Company Achievement Award Program (2000–2005)
The Burlington Northern and Santa Fe Railway Company established this Achievement Award Program to recognize non-officer employees who make exceptional contributions to the company's success. Selected employees, chosen by the Chairman and CEO, receive shares of BNSF common stock as awards. The program is limited to a total of 10,000 shares, issued from the company's treasury. The Corporate Secretary oversees the program, which is effective from April 20, 2000, to April 20, 2005.
Exhibit 10.32
The Burlington Northern and Santa Fe Railway Company
Achievement Award Program
| I. | Purpose |
The Burlington Northern and Santa Fe Railway Company Achievement Award Program is designed to recognize extraordinary achievements of individual employees of The Burlington Northern and Santa Fe Railway Company (other than officers) that contribute significantly to the success of our Company. This program is open to all non-officer employees, exempt and scheduled, who are determined by the Company to make a noteworthy contribution to our Company’s objectives.
| II. | Eligibility |
The Company will from time to time, through its Chairman and Chief Executive Officer, select certain individuals who have through individual efforts, demonstrated achievement beyond his or her normal job responsibilities or have engaged in extraordinary action on behalf of the Company.
| III. | Awards |
The award shall be shares of Burlington Northern Santa Fe Corporation (“BNSF”) common stock. The total number of shares to be awarded under this Program shall not exceed 10,000 shares and shall be issued from BNSF treasury shares.
| IV. | Administration |
The Corporate Secretary will maintain the records and be responsible for administration of this program.
| V. | Duration |
The Program shall be effective April 20, 2000 and terminate on April 20, 2005.
