Document:

Retirement Benefit Agreement

 Exhibit 10.5 
 Amended and Restated September 21, 2006 
 RETIREMENT BENEFIT AGREEMENT 
 THIS AGREEMENT dated this 19th day of April, 2002, as amended and restated on September 21, 2006, between Burlington Northern Santa Fe Corporation (hereinafter referred to as the “Company”) and Mr. Matthew K. Rose (hereinafter referred to
as “Mr. Rose”). 
 W I T N E S S E T H 
 WHEREAS, in consideration of Mr. Rose’s service, the Company desires to provide Mr. Rose with benefits upon retirement to be calculated in the manner and provided under the conditions set forth
herein; 
 NOW, THEREFORE, in consideration of the mutual covenants contained herein, the Company and Mr. Rose agree as follows:

 1. Upon retiring pursuant to the Normal Retirement or Early Retirement provisions of the Burlington Northern Santa Fe Retirement Plan
(hereinafter referred to as the “Plan”), Mr. Rose will be entitled to the following retirement benefits: 
  

	 	(a)	A Normal Retirement Benefit, Vested Rights, or reduced Early Retirement Benefit, calculated in accordance with Plan provisions in effect on the date of his termination, and payable
out of Plan assets in accordance with the Plan terms and, if entitled thereto by the provisions of the Burlington Northern Santa Fe Supplemental Retirement Plan (the “Supplemental Plan”), an additional benefit payable out of the general
assets of the Company; and 

  

	 	(b)	An extra retirement benefit (hereinafter referred to as the “Retirement Supplement”) payable in the same form and on the same dates and for the same period during which
benefits are paid under the Supplemental Plan out of the general assets of the Company equal to the amount described in subparagraph (i) below minus the amount described in subparagraph (ii) below, calculated as follows:

  

	 	(i)	2.2% of Plan Compensation for each of the first 14 years of Benefit Service, plus 

 2.5% of Plan Compensation for each of the next 3 years of Benefit Service, plus 
 3.0% of Plan Compensation
for each of the next 3 years of Benefit Service, plus 
 3.5% of Plan Compensation for each of the next 4 years of Benefit Service,

 subject to a maximum benefit equal to 61.3% of Plan Compensation, which will be achieved after 24 years
of Benefit Service. 
 For purposes of computing the benefit described above: 
 Plan Compensation shall mean Plan Compensation as defined in Section 2.16 of the Plan, except that “36” shall be substituted for
“60” wherever such figure appears; 
 Plan Compensation shall be based on Compensation as defined in Section 2.08 of the Plan,
provided, however, that the compensation limitations of Section 401(a)(17) of the Internal Revenue Code shall not be taken into account and further provided that Plan Compensation shall include any participant contributions under a
non-qualified deferred compensation arrangement, compensation foregone in exchange for a Company stock award as set forth in Schedule A to the Supplemental Plan or any other such compensatory arrangement as may be established by the company as set
forth in Schedule A to the Supplemental Plan; and 
 Benefit Service shall mean Benefit Service as defined in Section 4.02 of the Plan.

 The benefit described above shall be calculated in accordance with Plan provisions in effect on the date of Mr. Rose’s
retirement with regard to Forms of Retirement Benefits and Early Retirement Reduction. For purposes of the Early Retirement Reduction, Mr. Rose shall be treated as if he would have completed 30 years of Benefit Service on his 62nd birthday. 
 minus

  

	 	(ii)	The sum of Mr. Rose’s Normal Retirement Benefit, or reduced Early Retirement Benefit, as calculated in Section 1(a) of this Agreement plus the Railroad Retirement
Benefit Amount. The Railroad Retirement Benefit Amount is the unreduced monthly Railroad Retirement benefit for which Mr. Rose is eligible, assuming he applied for and did not voluntarily disqualify himself from receiving such benefit on the
earliest date on which he could receive such benefit, provided, however, that if Mr. Rose retires at a time when he is not eligible for unreduced Railroad Retirement benefits the Railroad Retirement Benefit Amount shall be adjusted in the same
manner as the Retirement Supplement described in Section 1(b)(i) above. 

  

	 	(c)	 The Retirement Supplement to be provided to Mr. Rose pursuant to Section 1(b) will be forfeited if Mr. Rose voluntarily terminates his employment
with the Company 

  

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without the Company’s consent prior to the completion of five years of continuous employment after the date of this Agreement or if Mr. Rose is
terminated by the Company for Cause (defined below), but shall not be forfeited if Mr. Rose voluntarily terminates his employment with the Company after the completion of five years of continuous employment after the date of this Agreement or
if Mr. Rose’s employment with the Company terminates by reason of his death or disability or termination by the Company without Cause. For purposes of this Section 1(c), “Cause” shall mean (i) the willful and continued
failure by Mr. Rose to substantially perform his duties with the Company (other than any such failure resulting from his incapacity due to physical or mental illness), or (ii) the willful engaging by Mr. Rose in conduct which is
demonstrably and materially injurious to the Company, monetarily or otherwise. For purposes of this definition, no act, or failure to act, shall be deemed “willful” unless done, or omitted to be done, by Mr. Rose not in good faith and
without reasonable belief that his action or omission was in the best interest of the Company. 

 2. Nothing contained
herein shall confer any right upon Mr. Rose for continued employment by the Company, or any affiliate or subsidiary of the Company. 
 3. If the requirements of all of the following paragraphs (a) through (c) are satisfied: 
  

	 	(a)	a Change in Control occurs while Mr. Rose is employed by the Company; 

  

	 	(b)	after the Change in Control, Mr. Rose’s employment with the Company terminates for any reason prior to his attainment of age 55; and 

  

	 	(c)	such termination of employment occurs not later than the twenty-four (24) month anniversary of the last day of the calendar month in which the Change in Control occurs or, if
later, the twelve (12) month anniversary of the consummation of the Change in Control; 

 then (I) Mr. Rose shall be vested in
his Retirement Supplement and the forfeiture provisions of paragraph 1(c) above shall not apply; and (II) for purposes of computing the amount described in Section 1(b)(i) above, Mr. Rose’s Benefit Service shall be determined by
adding to the Benefit Service as defined in Section 4.02 of the Plan the lesser of 36 months or the number of months remaining until Mr. Rose’s 55th birthday. For purposes of this Agreement, the term “Change in Control” shall have the meaning ascribed to it in BNSF’s trust agreement relating to BNSF’s obligations under certain
deferred compensation, retirement commitments, and supplemental retirement plans. 
  

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 4. The Company retains the right to withhold from payments due hereunder amounts deemed by the Company to
be required to be withheld under income or other tax laws of any jurisdiction. 
 IN WITNESS WHEREOF, the parties hereto have executed
this Agreement as of the day and year first above written. 
  

			
	BURLINGTON NORTHERN SANTA FE CORPORATION
		
	 By:
	 	/s/ Jeanne Michalski

  

	
	 [Corporate Seal]

	 ATTEST:

	
	/s/ Jeffrey T. Williams
	Assistant Secretary

  

	
	
	/s/ Matthew K. Rose
	MATTHEW K. ROSE

  

 4BNSF Corporation Supplemental Investment and Retirement Plan

 Exhibit 10.6 
 BURLINGTON NORTHERN SANTA FE CORPORATION 
 SUPPLEMENTAL INVESTMENT AND RETIREMENT PLAN

 Effective January 1, 1997, as amended through September 12, 2006 
 ARTICLE I - GENERAL 
 Section 1.1 Establishment of Plan and Purpose.
Burlington Northern Santa Fe Corporation, a Delaware Corporation, (hereinafter the “Company”), has established the Burlington Northern Santa Fe Supplemental Investment and Retirement Plan, (hereinafter the “Plan”), effective
January 1, 1997. This plan is intended to replace the Burlington Northern Inc. Restoration Plan and the Santa Fe Pacific Corporation Supplemental Retirement and Savings Plan, and both plans shall hereby be merged into this Plan, provided,
however, that any compensation deferred under the terms of a predecessor plan shall be distributed pursuant to the terms of the deferral election made under such plan. The purpose of this Plan is to provide certain highly compensated employees of
the Company and certain of its subsidiaries (hereinafter the “Employing Companies”), the opportunity to defer the receipt of compensation and to receive additional retirement income from the Employing Companies. This plan is not intended
to qualify under Section 401(a) of the Internal Revenue Code of 1986, as amended (hereinafter the “Code”), or be subject to Parts 2, 3, or 4 of Title I of the Employee Retirement Income Security Act of 1974, as amended (hereinafter
“ERISA”). 
 Section 1.2 Affiliated Companies. The term “Affiliated Company” shall mean every corporation
(including the Company) which is a member of a controlled group of corporations (within the meaning of Section 414(b) of the Internal Revenue Code). The Company and each Affiliated Company which, with the consent of the Chief Executive Officer
or Board of Directors of the Company, adopts the Plan are referred to herein collectively as the “Employing Companies” and individually as an “Employing Company”. 
 Section 1.3 Plan Administration. The authority to control and manage the operation and administration of the Plan shall be vested in the Vice
President – Human Resources and Medical of the Company (hereinafter the “Administrator”). Any interpretation of the Plan by the Administrator or the Administrator’s delegate and any decision made by the Administrator or the
Administrator’s delegate on any other matter within the Administrator’s discretion are final and binding on all persons. The Administrator shall have discretionary authority to administer, construe and interpret the Plan, to decide all
questions including but not limited to eligibility, payment of any benefits hereunder and to make all other determinations deemed necessary or advisable for the administration of the Plan, provided, however, that any person claiming entitlement to
benefits in an amount other than that received shall have the right after review and denial, in whole or in part, of such claim by 

  

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the Administrator to a review of such denial by the Burlington Northern Santa Fe Employee Benefits Committee (hereinafter the “Committee”). Such
review shall be initiated by the written request therefore by such person filed with the Committee within 60 days after receipt by the person of the denial by the Administrator. 
 The Committee shall act with or without a meeting by the vote or concurrence of a majority of its members; but no member of the Committee who is a
Participant shall take part in any Committee action or any matter that has particular reference to his own interest hereunder. The Administrator and the Committee shall discharge their responsibilities hereunder in a uniform and non-discriminatory
manner as to all Participants. 
 The Administrator and the Committee may from time to time delegate duties to members of the Human Resources
Department or other employees of the Company. 
 Section 1.4 Non-Alienation. Benefits payable to any individual under the Plan
may not be voluntarily or involuntarily assigned, alienated, pledged or subject to attachment, anticipation, garnishment, levy, execution or other legal or equitable process. 
 Section 1.5 Source of Benefits. Subject to the terms and conditions of the Plan, any amount payable to or on account of a Participant under
this Plan by any Employing Company shall be paid from the general assets of that Employing Company or from one or more trusts, the assets of which are subject to the claims of the Employing Companies’ general creditors. None of the individuals
entitled to benefits under the Plan shall have any preferred claim on, or any beneficial ownership interest in, any assets of any Employing Company or of any such trust, and any rights of such individuals under the Plan or any such trust shall
constitute unsecured contractual rights only. 
 Section 1.6 Plan Not Contract of Employment. The Plan does not constitute a
contract of employment, and nothing in the Plan will give any participant the right to be retained in the employ of any Employing Company, nor any right or claim to any benefit under the Plan, except to the extent specifically provided under the
terms of the Plan. 
 Section 1.7 Notices. Any notice or document required to be given to or filed with an Employing Company, the
Company, the Administrator or the Committee shall be considered to be given or filed: 
  

	 	(a)	on the date delivered to the Administrator; 

  

	 	 	or 

  

	 	(b)	three days after the date sent by certified mail to the Administrator. 

 Section 1.8 Applicable Law. The Plan shall be construed and administered in accordance with the internal laws of the State of Texas. 
  

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 Section 1.9 Gender and Number. Where the context admits, words in any gender shall include
any other gender, words in the singular shall include the plural and the plural shall include the singular. 
 Section 1.10 Plan
Year. The Plan Year shall be the calendar year. 
 ARTICLE II - PARTICIPATION 
 Section 2.1 Participation. The Company shall establish from time to time the Employing Companies which may participate and the class of
highly-compensated employees of each Employing Company who shall be eligible for the benefits provided in Article IV below (hereinafter the “Participants”); provided, however, that the class of eligible employees of each Employing Company
shall be limited to employees who are members of a select group of management or highly compensated employees within the meaning of Section 401(a)(1) of ERISA. Employees shall be eligible to commence participation in the Plan 30 days after they
become members of the class of highly-compensated employees described in the preceding sentence. If the Company determines that participation by one or more Participants shall cause the Plan as applied to any Employing Company to be subject to Parts
2, 3, or 4 of Title I of ERISA, the entire interest of such Participant or Participants under the Plan shall be immediately paid to such Participant by the applicable Employing Company, notwithstanding any election of the Participant, or shall
otherwise be segregated from the Plan in the discretion of the Company, and such Participant or Participants shall cease to have any interest under the Plan. 
 ARTICLE III - VESTING 
 Section 3.1 Vesting. A Participant shall be fully vested in his deferral
amounts and earnings at all times and subject to investment gains and losses. A Participant shall be vested in Employer Matching Contributions in accordance with the vesting schedule set forth in Article 6 of the Burlington Northern Santa Fe
Investment and Retirement Plan (the “Investment Plan”). 
 ARTICLE IV - DEFERRALS 
 Section 4.1 Deferral Elections. To become a Participant, subject to such additional terms, conditions and limitations as the Administrator
may from time to time impose, a Participant may make an election to irrevocably defer receipt of certain eligible compensation otherwise payable to him by his Employer for a Plan Year by means of such procedures as are approved by the Administrator,
including filing a Deferral Election Form or by telephonic voice response or other telephonic or electronic transmission indicating his or her desire to have a portion of his or her eligible compensation deferred, or by failing to indicate a desire
not to participate in the Plan. Such deferral elections shall be made as follows: 
 (a) Unless the Compensation and Development Committee of
the Board otherwise specifies, a Participant may elect to defer (i) up to 25% of base salary that is not eligible Compensation under the Investment Plan, (ii) up to 25% of any cash incentive payments that are not eligible Compensation
under the Investment Plan, and iii) to the extent that a Participant is subject to a limitation on before-tax contributions under Section 402(g)(1) of the Code to the Investment Plan, the amounts which could have been deferred into the
Investment Plan but for such limitation (“Deferred Compensation”). In order to make an election to defer Compensation under this Plan for a Plan Year, an eligible employee must have in effect and must maintain throughout such Plan Year an
election to make Deferred Contributions under the Investment Plan in an amount equal to the maximum amount of before-tax contributions permissible under Section 402(g)(1) of the Code. 
  

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 (b) Such elections shall be made at such time and in such manner as the Administrator shall provide by
the close of the year before the year in which the services giving rise to the eligible compensation are performed, provided, however, that the Administrator may prescribe such other time or times as are consistent with Section 409A of the
Code. In the case of the first year in which a Participant becomes eligible to participate in the Plan, such election may be made with respect to services to be performed subsequent to the election within 30 days after the date the participant
becomes eligible to participate in the Plan. An election must specify the percentage, if any, which the Participant chooses to defer and authorize his Employing Company to make regular payroll deductions. 
 (c) A Participant may elect to suspend all future deferrals in a Plan Year other than in respect to incentive payments, and will not be permitted to
resume participation until the next Plan Year. 
 Section 4.2 Employer Matching Contribution. Subject to such limitations as the
Administrator may from time to time impose, for each Plan Year, Participants shall be credited with an “Employer Matching Contribution” with respect to 100% of the compensation deferred hereunder that would be payable during that Plan
Year, provided that Employer Matching Contributions shall be equal to 50% of Deferred Contributions deferred up to 6% of Compensation hereunder. 
 To the extent that additional employer contributions are made pursuant to the second paragraph of Section 4.5 of the Investment Plan by reason of the attainment of financial and other objectives of an Employing Company, Participants
who have Accounts in the Plan when such contributions are made shall be credited after the close of the Plan Year to which such objectives relate with an additional Employer Matching Contribution. The amount of such additional Employer Matching
Contributions shall be equal to the same uniform percentage, not to exceed 30% of the Deferred Contributions up to 6 percent of Compensation actually made hereunder, as is credited pursuant to the second paragraph of Section 4.5 of the
Investment Plan. 
 Participants shall be credited with additional Employer Matching contributions for a Plan Year to the extent that the
Employer Contributions to their Employer Contributions Accounts with 

  

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respect to Deferred Contributions to their Deferred Contributions Accounts under the Investment Plan for such Plan Year are limited due to the application of
Sections 401(a)(17), 401(m) or 415 of the Code. Such additional Employer Matching Contributions for such Plan Year shall be the amount that would have been contributed to the Investment Plan for such Plan Year if the limits under Sections
401(a)(17), 401(m) or 415 of the Code were not applicable, less the amount that is actually contributed to the Investment Plan for such Plan Year. 
 ARTICLE V - PLAN ACCOUNTING 
 Section 5.1 Accounts. The Administrator shall establish an Account for each Participant
who elects to participate in the Plan under subsection 4.1. Each Account shall be adjusted in accordance with this Article V in a uniform, non-discriminatory manner, as of such periodic “Accounting Dates” as may be determined by the
Administrator from time to time (which Accounting Dates shall be not less frequent than quarterly). As of each Accounting Date, the balance of each Account shall be adjusted as follows: 
 (a) first, charge to the Account balance the amount of any distributions under the Plan with respect to that Account that have not previously been
charged; 
 (b) then, credit to the Account balance the amount of the compensation to be deferred by the Participant in accordance with the
provisions of subsection 4.1 and the amount of Employer Matching Contributions to be credited in accordance with Section 4.2 that have not previously been credited; 
 (c) then, adjust the Account balance for the applicable assumed rate of earnings in accordance with subsection 5.2. 
 Section 5.2 Adjustment of Accounts for Earnings. The amounts credited to a Participant’s Account in accordance with subsections 4.1 and 4.2 shall be adjusted as of each Accounting Date to reflect the value of an investment
equal to the Participant’s Account balance in one or more assumed investments that the Committee offers from time to time, and which the Participant directs the Administrator to use for purposes of adjusting his Account. Such amount shall be
determined without regard to taxes that would be payable with respect to any such assumed investment. The Committee may eliminate any assumed investment alternative at any time; provided, however, that the Committee may not retroactively eliminate
any assumed investment alternative. To the extent permitted by the Administrator, the Participant may elect to have different portions of his Account balance for any period adjusted on the basis of different assumed investments. The Account of each
Participant shall be credited with the amount deferred by the Participant as of the date on which the amount of such Deferred Compensation is communicated to the Plan recordkeeper which shall be as soon as reasonably practicable after the date the
compensation would otherwise have been payable to the Participant, or, if such date is not an Accounting Date, as of the first Accounting Date occurring thereafter. Notwithstanding the election by Participants of certain assumed investments and the

  

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adjustment of their Accounts based on such investment decisions, the Plan does not require, and no trust or other instrument maintained in connection with
the Plan shall require that any assets or amounts which are set aside in a trust or otherwise for the purpose of paying Plan benefits shall actually be invested in the investment alternatives selected by Participants. 
 Section 5.3 Participant Statements. At least quarterly, the Administrator shall cause to be furnished to each Participant a statement
indicating, on the basis of the latest available information, the status of the Participants’ Accounts. 
 ARTICLE VI - PAYMENT OF
DEFERRED AMOUNTS 
 Section 6.1 Separation from Service. Subject to the provisions of subsection 1.5 and such other rules as the
Administrator may establish, upon a Participant’s death or separation from service, the Participant’s entire Account balance, including the Employer’s Matching Contribution on amounts deferred prior to the Participant’s death or
separation date, shall be paid to or on account of the Participant as follows: 
 (a) in a single lump sum payment as soon as practicable
after his date of death; 
 (b) in a single lump sum payment on or about July 31 of the year following separation; or 
 (c) if elected by the Participant (i) prior to January 1, 2005, and at least one year prior to the distribution or (ii) within 30 days
after the date he becomes eligible to participate in the Plan, in annual installments over a period of five or fewer years, beginning on or about July 31 of the calendar year following the date of his separation from service. 
 Section 6.2 Beneficiary Designation. Each Participant may, from time to time by signing a form furnished by the Administrator, designate any
legal or natural person or persons (who may be designated contingently or successively) to whom his benefits under the Plan are to be paid if he dies before he receives all of his benefits. A beneficiary designation form will be effective only when
the signed form is filed with the Administrator while the Participant is alive. A beneficiary designation may be revoked or amended only by the completion of a new beneficiary designation form, provided, however, that if a Participant’s spouse
is named as such Participant’s beneficiary, and the Participant and such spouse are subsequently divorced, then the designation of the spouse made prior to the divorce shall be null and void. In order to designate a former spouse as a
beneficiary, a new beneficiary designation form must be completed. If a deceased Participant failed to designate a beneficiary as provided above, or if the designated beneficiary of a deceased Participant died before him, his benefits shall
be paid in accordance with the following order of priority: (i) to his surviving spouse, if any; (ii) to his surviving children in equal shares; or (iii) the estate of the last to die of the Participant or his designated beneficiary.
The benefits under this plan which are payable to a beneficiary shall be paid in a lump sum. 
  

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 Section 6.3 Withholding for Tax Liability. The Company may withhold or cause to be withheld
from any payment of benefits made pursuant to the Plan any taxes required to be withheld with regard to such payment. 
 ARTICLE VII - CHANGE
IN CONTROL 
 Section 7.1 Change in Control. In the event of a change in control as defined in The Burlington Northern and Santa
Fe Railway Company Severance Agreements, all Accounts shall be fully vested, and the Company shall be obligated to transmit funds equal to the outstanding liabilities under this Plan to such trust as may be established by the Company to provide for
security of benefits hereunder. 
 ARTICLE VIII - AMENDMENT OR TERMINATION 
 Section 8.1 Amendment or Termination. This Plan may be amended at any time and from time to time by the Chief Executive Officer of the
Company or resolution of the Board of Directors of the Company; provided however, the Chief Executive Officer of the Company may not amend the Plan in any manner which would make benefit or other changes materially increasing an Employing
Company’s liabilities under the Plan, make amendments required by law to be approved by the Board of Directors or a committee thereof, make amendments which change the design of the Plan with respect to the allocation of responsibilities, or
make changes affecting the Company’s indemnification obligations. The Board of Directors of the Company may terminate the Plan at any time without the consent of the participants or beneficiaries. No amendment or termination shall divest any
Participant or beneficiary of the credits to his Account, or any rights to which he would have been entitled if the Plan had been terminated immediately prior to the effective date of such amendment or termination. Any Employing Company may
terminate its participation in the Plan at any time, provided that it has made adequate provision for any amount payable by it under the terms of the Plan as in effect on the date it terminates its participation in the Plan. Upon termination of the
Plan as to any Employing Company, the Company may, in its discretion applied in a uniform manner, provide that amounts attributable to that Employing Company shall be distributed in accordance with the provisions of 6.1. Upon termination of the Plan
as to all Employing Companies, the Company may, in its sole discretion applied in a uniform manner to all Participants, cause a lump sum payment of all benefits for all Participants to be made as soon as reasonably practicable on the date
established for payment under subsection 6.1(b). 
  

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