0001437749-23-023361 Sample Contracts

TRANSITION AND SEPARATION AGREEMENT
Transition and Separation Agreement • August 11th, 2023 • Union Pacific Corp • Railroads, line-haul operating • Nebraska

This TRANSITION AND SEPARATION AGREEMENT (this “Agreement”) is entered into on this 11th day of August, 2023 by and between Union Pacific Corporation, a Utah corporation (the “Company”); Union Pacific Railroad Company, a Delaware corporation (“Union Pacific Railroad Company”); and Lance M. Fritz (“Executive”). Company, Union Pacific Railroad Company and Executive are each referred to herein as a “Party” and collectively as the “Parties.”

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