<SEC-DOCUMENT>0001552781-22-000637.txt : 20221121
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<ACCEPTANCE-DATETIME>20221121162428
ACCESSION NUMBER:		0001552781-22-000637
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		17
CONFORMED PERIOD OF REPORT:	20221117
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20221121
DATE AS OF CHANGE:		20221121

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NORFOLK SOUTHERN CORP
		CENTRAL INDEX KEY:			0000702165
		STANDARD INDUSTRIAL CLASSIFICATION:	RAILROADS, LINE-HAUL OPERATING [4011]
		IRS NUMBER:				521188014
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08339
		FILM NUMBER:		221406047

	BUSINESS ADDRESS:	
		STREET 1:		650 W PEACHTREE STREET NW
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30308
		BUSINESS PHONE:		470-463-6807

	MAIL ADDRESS:	
		STREET 1:		650 W PEACHTREE STREET NW
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30308
</SEC-HEADER>
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<p style="margin: 0"></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>UNITED STATES</b></p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>SECURITIES AND EXCHANGE COMMISSION</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>WASHINGTON, D.C. 20549</b></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">________________________________</p>

<p style="font: bold 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>

<p style="font: bold 12pt Times New Roman, Times, Serif; margin: 0; text-align: center">FORM <span id="xdx_902_edei--DocumentType_c20221117__20221117_z45Z64eV1EGk"><ix:nonNumeric contextRef="From2022-11-17to2022-11-17" name="dei:DocumentType">8-K</ix:nonNumeric></span></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">________________________________</p>

<p style="font: bold 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">CURRENT REPORT<br />
Pursuant to Section 13 or 15(d)<br />
of the Securities Exchange Act of 1934</p>

<p style="font: bold 8pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>

<p style="font: normal bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Date of Report (Date of earliest event
reported): November 21, 2022 (<span id="xdx_901_edei--DocumentPeriodEndDate_c20221117__20221117_zLYI9Ld9XLMk"><ix:nonNumeric contextRef="From2022-11-17to2022-11-17" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate">November 17,
2022</ix:nonNumeric></span>)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">________________________________</p>

<p style="font: 11pt Times New Roman, Times, Serif; margin: 12pt 0; text-align: center"><img src="nsc_logo.jpg" alt="soaring nameunderblacklg" style="height: 86px; width: 331px" /></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its
charter)</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">______________________________________</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">&#160;</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"></p>

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<p style="margin: 0">&#160;</p>

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<p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"></p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b><span id="xdx_905_edei--FormerAddressMember_c20221117__20221117_zizlg0CpVB84">No Change</span></b><br />
(Former name or former address, if changed since last report)</p>

<p style="font: 8pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</p>

<p style="font: 6pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><span id="xdx_90A_edei--WrittenCommunications_c20221117__20221117_zKfWcp37JBzl"><ix:nonNumeric contextRef="From2022-11-17to2022-11-17" format="ixt:booleanfalse" name="dei:WrittenCommunications">&#9744;</ix:nonNumeric></span>&#160;&#160;&#160; Written communications
pursuant to Rule 425 under the Securities Act&#160;(17 CFR 230.425)</p>

<p style="font: 6pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><span id="xdx_906_edei--SolicitingMaterial_c20221117__20221117_z8nEKdrMsGX4"><ix:nonNumeric contextRef="From2022-11-17to2022-11-17" format="ixt:booleanfalse" name="dei:SolicitingMaterial">&#9744;</ix:nonNumeric></span>&#160;&#160;&#160; Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</p>

<p style="font: 6pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><span id="xdx_906_edei--PreCommencementTenderOffer_c20221117__20221117_z4B4Ba0mFu6k"><ix:nonNumeric contextRef="From2022-11-17to2022-11-17" format="ixt:booleanfalse" name="dei:PreCommencementTenderOffer">&#9744;</ix:nonNumeric></span>&#160;&#160;&#160; Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</p>

<p style="font: 6pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><span id="xdx_90D_edei--PreCommencementIssuerTenderOffer_c20221117__20221117_zSCVNyCyq8Bk"><ix:nonNumeric contextRef="From2022-11-17to2022-11-17" format="ixt:booleanfalse" name="dei:PreCommencementIssuerTenderOffer">&#9744;</ix:nonNumeric></span>&#160;&#160;&#160; Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</p>

<p style="font: 9pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Securities registered pursuant to Section 12(b) of the Act:</p>

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        <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>&#160;</b></p>
        <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Title of each class</b></p></td>
    <td style="border-top: Black 1pt solid; width: 2%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; font-size: 10pt; text-align: center">&#160;</td>
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Common Stock (Par Value $1.00)</span></td>
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (&#167;240.12b-2 of this chapter).</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">Emerging growth company&#160;<span id="xdx_900_edei--EntityEmergingGrowthCompany_c20221117__20221117_zyZpDCMCqXTd"><ix:nonNumeric contextRef="From2022-11-17to2022-11-17" format="ixt:booleanfalse" name="dei:EntityEmergingGrowthCompany">&#9744;</ix:nonNumeric></span></p>

<p style="font: 6pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided
pursuant to Section&#160;13(a) of the Exchange Act.&#160;&#160;&#9744;</p>



<p style="margin: 0">&#160;</p>

<p style="margin: 0">&#160;</p>

<p style="margin: 0"></p>

<p style="font: 10pt/14.4pt Times New Roman, Times, Serif; margin: 0"><b></b></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Item 1.01. Entry into a Material Definitive Agreement.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0">On November 21, 2022, Norfolk Southern Railway
Company (&#8220;NSR&#8221;), a wholly owned subsidiary of Norfolk Southern Corporation (the &#8220;Registrant&#8221;), and The
Cincinnati, New Orleans and Texas Pacific Railway Company (&#8220;CNO&amp;TP&#8221;), a wholly-owned subsidiary of NSR, entered into
an Asset Purchase and Sale Agreement (&#8220;Purchase Agreement&#8221;) with the Board of Trustees of the Cincinnati Southern
Railway (the &#8220;Trustees&#8221;) pursuant to which the Trustees agree to sell, and NSR agrees to purchase, (i) approximately
337 miles of railway line that extends from Cincinnati, Ohio to Chattanooga, Tennessee known as the Cincinnati Southern Railway
currently operated by CNO&amp;TP under a lease agreement expiring in 2026, and (ii) certain associated real and personal property
for a cash purchase price of approximately $1.62 billion, subject to certain adjustments. Under the terms of the Purchase Agreement,
the purchase price includes (i) a non-refundable accelerated transaction fee of $4,500,000 payable upon the execution of the
Purchase Agreement and (ii) a deferred transaction fee of $20,000,000 payable upon closing.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-indent: 0; margin: 0"><span style="font-weight: normal">In addition to customary conditions
common to transactions of this type, the closing of the transactions contemplated by the Purchase Agreement is conditioned upon (i) certain
changes to Ohio state law applicable to the use of the related sale proceeds, (ii) approval by the voters of the city of Cincinnati, and
(iii) receipt of regulatory approval from the United States Surface Transportation Board (&#8220;STB&#8221;). NSR has agreed to make reasonable
efforts, at its own expense, to support the Ohio state law change and the Cincinnati voter approval.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><span style="font-weight: normal">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-indent: 0; margin: 0"><span style="font-weight: normal">The Purchase Agreement also includes
customary termination provisions, including (i) termination at any time prior to the closing by the mutual written consent of the parties,
(ii) termination at any time after December 31, 2024, by the mutual written consent of NSR and the Trustees, (iii) termination by NSR
if the STB takes action that NSR deems unsatisfactory, and (iv) termination by either party if Cincinnati voter approval is not obtained
on or before the later of June 30, 2025 and the calendar day following the date on which polls are open for the 2025 Cincinnati primary
election.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><span style="font-weight: normal">&#160;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-indent: 0; margin: 0"><span style="font-weight: normal">The foregoing description of the
Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the copy of the Purchase Agreement
attached hereto as Exhibit 2.1 and incorporated herein by reference.</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white; color: #212529">On November 17, 2022, the Compensation Committee of Board of Directors of
the Registrant approved changes to the Registrant&#8217;s Executive Severance Plan (the &#8220;Severance Plan&#8221;) as part of its annual
review of such document. The Severance Plan was revised to <span style="background-color: white">clarify that employees above the level
of Executive Vice President are covered under the terms of such plan, including the Registrant&#8217;s Chief Executive Officer (who was
not previously subject to any such plan). Pursuant to the Severance Plan, the Registrant&#8217;s Chief Executive Officer, Executive Vice
Presidents, and other participating officers are entitled to specific severance payments and benefits following the triggering events
set forth therein</span>.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">The description of the Severance Plan above is qualified in its entirety
by reference to the copy of the Severance Plan attached hereto as Exhibit 10.1 and incorporated herein by reference.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white; color: #212529">&#160;&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white"><b>Item 7.01. Regulation FD Disclosure.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; background-color: white; color: #212529">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; color: #212529">On November&#160;21, 2022, the Registrant issued a press release announcing
the execution of the Purchase Agreement. A copy of the release is furnished herewith as Exhibit 99.1.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b></b></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>Item 9.01. Financial Statements and Exhibits.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>(d) Exhibits</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">The following exhibits are filed as part of this Current Report on Form
8-K:</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&#160;</p>

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    <td>&#160;</td>
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    <td><span style="font: 10pt Times New Roman, Times, Serif"><a href="e22497_ex2-1.htm">Asset Purchase and Sale Agreement dated
    November 21, 2022, by and among the Registrant as purchaser, the Cincinnati, New Orleans and Texas Pacific Railway Company, and
    the Board of Trustees of the Cincinnati Southern Railway as the seller.</a></span></td></tr>
<tr style="vertical-align: top">
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    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: top">
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<tr style="vertical-align: top">
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    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: top">
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    <td><span style="font: 10pt Times New Roman, Times, Serif"><a href="e22497_ex99-1.htm">Press Release Dated November 21, 2022.</a></span></td></tr>
<tr style="vertical-align: top">
    <td style="padding-left: 6pt">&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: top">
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    <td>&#160;</td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">Cover Page Interactive Data File (embedded within the Inline XBRL document).</span></td></tr>
<tr style="vertical-align: top">
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    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: top">
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    <td>&#160;</td>
    <td><span style="font: 10pt Times New Roman, Times, Serif">The Registrant will furnish supplementally to the SEC upon request a copy
of any omitted exhibit or schedule.</span></td></tr>
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<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0">&#160;&#160;</p>


<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0">&#160;&#160;</p>


<p style="font: bold 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"></p>

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<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><b>SIGNATURES</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left; text-indent: 0">Pursuant to the requirements of
the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 184.5pt"></p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
<tr style="vertical-align: top; text-align: left">
    <td>&#160;</td>
    <td colspan="2"><b>NORFOLK SOUTHERN CORPORATION</b></td></tr>
<tr style="vertical-align: top; text-align: left">
    <td>&#160;</td>
    <td colspan="2">(Registrant)</td></tr>
<tr style="vertical-align: top; text-align: left">
    <td style="width: 55%">&#160;</td>
    <td style="width: 2%">&#160;</td>
    <td style="width: 43%">&#160;</td></tr>
<tr style="vertical-align: top; text-align: left">
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: top; text-align: left">
    <td>&#160;</td>
    <td colspan="2" style="border-bottom: Black 1pt solid">/s/ Denise W. Hutson</td></tr>
<tr style="vertical-align: top; text-align: left">
    <td>&#160;</td>
    <td colspan="2">Name:&#160;Denise W. Hutson</td></tr>
<tr style="vertical-align: top; text-align: left">
    <td>&#160;</td>
    <td colspan="2">Title:&#160;Corporate Secretary</td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 184.5pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">Date:&#160;&#160;November 21, 2022</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0">&#160;</p>

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<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"></P>





<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">EXHIBIT 2.1</P>

<P STYLE="margin: 0; text-align: right">EXECUTION VERSION</P>

<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="margin: 0"></P>



<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt; text-align: center"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 10pt">ASSET
PURCHASE AND SALE AGREEMENT</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 10pt; margin-bottom: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">dated
as of November 21, 2022</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center"><FONT STYLE="font-size: 10pt">between</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Board
of Trustees of the Cincinnati Southern Railway,</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center"><FONT STYLE="font-size: 10pt">Norfolk
Southern Railway Company and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>The
Cincinnati, New Orleans and Texas Pacific Railway Company</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="font-size: 10pt">TABLE
OF CONTENTS</FONT></P>



<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 8%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%; font: 10pt Times New Roman, Times, Serif"></TD>
    <TD STYLE="width: 79%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 5%; font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><U>Page</U></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_001">I</A>.</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_001"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">DEFINITIONS</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_002"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">1.01.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_002"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Defined Terms</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_003"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">II.</FONT></A></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_003"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">SALE AND PURCHASE OF ACQUIRED ASSETS; TRANSFER OF LINE AGREEMENTS.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_004"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2.01.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_004"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Sale and Purchase of Acquired Assets</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_005"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2.02.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_005"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Excluded Assets</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_006"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2.03.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_006"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Excluded Liabilities</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_007"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2.04.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_007"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Purchase Price</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_008"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2.05.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_008"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Real Estate Taxes</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">13</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_009"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2.06.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_009"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Buyer Title/Survey</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_010"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2.07.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_010"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">[Reserved]</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_011"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">2.08.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_011"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Required Consent Contracts</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_012"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">III.</FONT></A></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_012"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">CLOSING</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">15</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_013"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3.01.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_013"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Closing Date and Place</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">15</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_014"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3.02.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_014"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Deliveries by Seller</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">16</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_015"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3.03.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_015"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Deliveries by Buyer</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">16</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_016"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3.04.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_016"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Third-Party Agreements</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">17</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_017"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">3.05.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_017"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Closing Costs</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">17</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_018"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">IV.</FONT></A></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_018"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">CONFIDENTIALITY OF INFORMATION</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">17</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_019"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">4.01.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_019"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Confidentiality of Information</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">17</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_020"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">V.</FONT></A></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_020"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">ADDITIONAL UNDERTAKINGS AND AGREEMENTS</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">17</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_021"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">5.01.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_021"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Buyer&rsquo;s Support of State Law Change and Cincinnati Voter Approval</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">17</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_022"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">5.02.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_022"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Existing Lease</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">17</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_023"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">5.03.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_023"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Tax Credits</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">18</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_024"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">5.04.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_024"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Seller&rsquo;s Expenses</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">18</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_025"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">5.05.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_025"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Condition of Property</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">18</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_026"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">5.06.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_026"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Labor and Labor Protection</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">20</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_027"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">5.07.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_027"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">WARN Act</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">20</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_028"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">5.08.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_028"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">East Peavine Line</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">20</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_029"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">5.09.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_029"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Consents and Filings</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">20</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_030"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">VI.</FONT></A></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_030"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">SELLER&rsquo;S REPRESENTATION AND WARRANTIES; DISCLAIMER.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">22</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_031"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">6.01.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_031"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Representations and Warranties</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">22</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_032"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">6.02.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_032"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Disclaimer</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">23</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_033"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">VII.</FONT></A></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_033"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">BUYER&rsquo;S REPRESENTATIONS AND WARRANTIES</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">23</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_034"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">7.01.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_034"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Organization and Authority</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">23</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_035"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">7.02.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_035"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">No Conflicts; Consents of Third Parties</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">24</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_036"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">7.03.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_036"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Litigation</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">25</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_037"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">7.04.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_037"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Information Provided</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">25</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_038"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">7.05.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_038"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Financial Resources</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">25</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_039"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">7.06.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_039"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Continued Operation</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">25</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_040"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">VIII.</FONT></A></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_040"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">CNOTP&rsquo;S REPRESENTATIONS AND WARRANTIES</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">25</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_041"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">8.01.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_041"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Organization and Authority</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">25</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_042"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">8.02.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_042"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">No Conflicts; Consents of Third Parties</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">26</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_043"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">8.03.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_043"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Litigation</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">26</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_044"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">IX.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_044"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">COVENANTS</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">27</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_045"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">9.01.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_045"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Conduct of Business</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">27</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_046"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">9.02.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_046"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Further Action</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">27</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_047"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">X.</FONT></A></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_047"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">CONDITIONS PRECEDENT TO BUYER&rsquo;S OBLIGATION TO CLOSE</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">27</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_048"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10.01.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_048"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">STB Order</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">27</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_049"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10.02.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_049"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">State Law Change</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">27</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_050"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10.03.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_050"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Cincinnati Voter Approval</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">27</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_051"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10.04.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_051"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Representations and Warranties</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">28</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_052"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10.05.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_052"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Documents at Closing</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">28</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_053"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">10.06.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_053"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">No Governmental Action or Legal Proceedings</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">28</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_054"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">XI.</FONT></A></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_054"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">CONDITIONS PRECEDENT TO SELLER&rsquo;S OBLIGATION TO CLOSE</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">28</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_055"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">11.01.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_055"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">STB Order</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">28</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_056"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">11.02.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_056"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">State Law Change</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">29</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_057"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">11.03.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_057"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Cincinnati Voter Approval</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">29</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_058"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">11.04.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_058"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Representations and Warranties</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">29</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_059"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">11.05.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_059"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Documents at Closing</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">29</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_060"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">11.06.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_060"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">No Governmental Action or Legal Proceedings</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">29</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_061"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">XII.</FONT></A></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_061"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">RISK OF LOSS; TERMINATION</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">30</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_062"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">12.01.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_062"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Risk of Loss</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">30</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_063"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">12.02.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_063"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Termination By Agreement</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">30</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_064"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">12.03.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_064"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Termination By Buyer</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">30</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_065"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">12.04.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_065"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Termination by Seller</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">30</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_066"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">12.05.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_066"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Other Termination Provisions</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">30</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_067"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">12.06.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_067"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Termination Fee.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">31</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_068"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">12.07.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_068"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Effect of Termination</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">32</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_069"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">XIII.</FONT></A></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_069"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">SURVIVAL; INDEMNIFICATION</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">32</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_070"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">13.01.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_070"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Survival of Warranties and Covenants; Limitations; Exclusive Remedy</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">32</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_071"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">13.02.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_071"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Indemnification by Buyer</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">32</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_072"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">13.03.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_072"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Conditions of Indemnification</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">33</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_073"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">13.04.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_073"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Other Indemnity Matters</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">34</FONT></TD></TR>
</TABLE>

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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_074"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">XIV.</FONT></A></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_074"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">MISCELLANEOUS</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">34</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 8%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 8%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 79%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom; width: 5%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_075"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14.01.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_075"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Brokers</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">34</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_076"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14.02.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_076"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Expenses</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">34</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_077"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14.03.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_077"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Waiver</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">34</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_078"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14.04.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_078"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Successors and Assigns</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">34</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_079"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14.05.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_079"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Assignment</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">35</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_080"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14.06.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_080"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Notices</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">35</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_081"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14.07.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_081"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Press Releases</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">36</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_082"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14.08.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_082"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Entire Agreement</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">36</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_083"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14.09.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_083"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Headings</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">36</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_084"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14.10.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_084"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Conflicting Terms</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">36</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_085"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14.11.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_085"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Limitation on Benefits</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">37</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_086"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14.12.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_086"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Severability</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">37</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_087"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14.13.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_087"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Execution</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">37</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_088"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">14.14.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_088"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Governing Law; Jurisdiction</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">38</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_089"><FONT STYLE="font-size: 10pt">14.15.</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><A HREF="#e22497a_089"><FONT STYLE="font-size: 10pt">Specific Performance</FONT></A></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: right; vertical-align: bottom"><FONT STYLE="font-size: 10pt">38</FONT></TD></TR>
</TABLE>





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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="font-size: 10pt">ASSET
PURCHASE AND SALE AGREEMENT</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">THIS
ASSET PURCHASE AND SALE AGREEMENT (this &ldquo;Agreement&rdquo;) is made as of the 21st day of November, 2022, by and among Norfolk
Southern Railway Company, a Virginia corporation (&ldquo;Buyer&rdquo;), The Cincinnati, New Orleans and Texas Pacific Railway
Company, an Ohio corporation (&ldquo;CNOTP&rdquo;), and the Board of Trustees of the Cincinnati Southern Railway, a board of trustees
organized under the State of Ohio (&ldquo;Seller&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><FONT STYLE="font-size: 10pt">RECITALS:</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seller owns the railroad starting at approximately Milepost 0.5 in Cincinnati, Ohio, extending through Kentucky, and ending at
approximately Milepost 337.4 in Chattanooga, Tennessee, as further described at Exhibit A, and depicted at Exhibit A-1, each attached
hereto and made a part hereof (the &ldquo;Line&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seller currently leases and has leased the Line for operation by CNOTP pursuant to the Existing Lease (as defined herein) since
October 11, 1881, with CNOTP being an Affiliate of Buyer.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">C.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seller has agreed to sell, and Buyer has agreed to purchase, in accordance with the terms of this Agreement, all right, title
and interest of Seller in all real property held by Seller in conjunction with Seller&rsquo;s oversight and management of the
Cincinnati Southern Railway, including (1) the Line; (2) certain real property associated with the Line; (3) real property interests
acquired by Seller in conjunction with its ownership of the Line; (4) real property underlying the Line; (5) real property adjacent
to or detached from the Line; and (6) all associated rights, interests, privileges, fixtures, improvements, and appurtenances
otherwise associated therewith (the &ldquo;Real Property&rdquo;), together with all of Seller&rsquo;s right, title and interest
in all personal property used in the operation of the Line, including all of Seller&rsquo;s rights in and to the fund maintained
by CNOTP pursuant to Section 3(f) of the 1987 Supplementary Agreement and personal property consisting of or associated with facilities,
equipment, roadbed, track (including, without limitation, all main track, side tracks, spur tracks, connecting tracks, yard tracks,
industry tracks, and team tracks), connections, ties, bridges, ballasts, signage, stations, track fastening, culverts, ditches,
structures, communications and signal facilities, parking and storage areas, depots, yards, shops, buildings, and all other improvements,
fixtures, appurtenances, and interest (whether tangible or intangible) owned, used, held for use, or otherwise possessed by Seller
located on, in, under, above, or adjacent to the Line (the &ldquo;Personal Property&rdquo;) (the Line, Real Property, Personal
Property, and all other associated rights, interests, privileges, licenses, agreements, and appurtenances otherwise associated
therewith (but excluding the Excluded Assets), and as further described in Section 2.01(a), collectively, the &ldquo;Acquired
Assets&rdquo;).</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">D.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Norfolk Southern Corporation, a Virginia corporation and as the ultimate parent corporation of Buyer and CNOTP, has agreed to
fully and unconditionally guarantee the obligations of Buyer and CNOTP under this Agreement pursuant to a separate guaranty agreement
(the &ldquo;Guaranty&rdquo;) dated the date hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">NOW,
THEREFORE, in consideration of the mutual promises hereinafter set forth, and with the foregoing recitals incorporated as more
fully set forth herein, the Parties hereby agree as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">I.</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><U><A NAME="e22497a_001"></A>DEFINITIONS</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><A NAME="e22497a_002"></A>1.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Defined Terms</U>. As used herein, the following terms shall have the meanings specified in this Section 1.01 as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;1987
Supplementary Agreement&rdquo; &ndash; The Supplementary Agreement entered into as of January 1, 1987 between Seller and CNOTP.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;2023
Voter Approval Month&rdquo; &ndash; As defined in Section 2.04(b).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;2024
Voter Approval Month&rdquo; &ndash; As defined in Section 2.04(c).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Accelerated
Transaction Fee&rdquo; - $4,500,000.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Acquired
Assets&rdquo; &ndash; As defined in the Recitals.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Affiliates&rdquo;
&ndash; As defined in Rule 12b-2 under the Securities Exchange Act of 1934, as amended, and, solely as it pertains to Seller,
the Public Parties.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Agreement&rdquo;
&ndash; As defined in the Preamble.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Assignment
and Assumption Agreement&rdquo; &ndash; The assignment and assumption agreement in the form set forth in Exhibit E attached hereto
and made a part hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Assumed
Obligations&rdquo; &ndash; As defined in Section 2.04(d).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Base
Purchase Price&rdquo; &ndash; Subject to Section 2.04(b) and Section 2.04(c), $1,600,000,000.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Bill
of Sale&rdquo; &ndash; The bill of sale in the form set forth in Exhibit D attached hereto and made a part hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Business
Day&rdquo; &ndash; Any day except Saturday, Sunday or any other day on which commercial banks located in Cincinnati, Ohio are
authorized or required by law to be closed for business.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Buyer&rdquo;
&ndash; As defined in the Preamble.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Cincinnati
Voter Approval&rdquo; &ndash; Voter approval of the sale of the Line by the voters of the City of Cincinnati as required by the
laws of the State of Ohio.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Cincinnati
Voter Rejection&rdquo; &ndash; Rejection of the sale of the Line by the voters of the City of Cincinnati.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Claims&rdquo;
&ndash; Any and all demands, claims, actions or causes of action, suits, proceedings, investigations, assessments, losses, damages,
liabilities, costs and expenses, including interest, penalties and attorneys&rsquo; fees and disbursements, Third Party Claims,
and other costs and expenses.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Closing&rdquo;
&ndash; As defined in Section 3.01.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Closing
Date&rdquo; &ndash; As defined in Section 3.01.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;CNOTP&rdquo;
-- As defined in the Preamble.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Code&rdquo;
&ndash; The Internal Revenue Code of 1986, as amended.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Contracts&rdquo;
&ndash; Contracts, agreements, easements, franchises, rights-of-way, licenses, leases, commitments, arrangements and understandings
to which Seller is a party that relate to the Line or its operations, including Pipe and Wire Crossing Agreements, Property Services
Agreements, limited distribution tariff agreements, clearance agreements and the like and which are not Excluded Assets.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Credit
Pool&rdquo; &ndash; As defined in Section 2.04(b).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Credit
Pool Additive&rdquo; &ndash; As defined in Section 2.04(c).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Deeds&rdquo;
&ndash; Quit-claim deeds in the form set forth in Exhibit C attached hereto and made a part hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Deferred
Transaction Fee&rdquo; &ndash; Subject to Section 2.04(b) and Section 2.04(c), $20,000,000.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Drop
Dead Date&rdquo; &ndash; The date that is the later of: (i) June 30, 2025, and (ii) the calendar day immediately following the
Primary Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;East
Peavine Line&rdquo; -- The real property and other assets comprised of approximately twenty (20) miles of the CT segment located
West/Northwest of Vera Junction as further described on Exhibit G attached hereto and made a part hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;East
Peavine Line Transaction Documents&rdquo; &ndash; The prospective agreement, documents and instruments to be negotiated between
Buyer and the State of Ohio pursuant to which Buyer shall, subject to obtaining any required STB approval or exemption, donate
the East Peavine Line to the State of Ohio, as interim trail manager, including a quitclaim deed of donation.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Encumbrances&rdquo;
&ndash; Any mortgage, pledge, option, lien, claim, security interest, agreement, easement, equitable interest, restriction, license,
lease, right of reverter, right of entry, right of first refusal, encumbrance or charge (whether arising by contract or operation
of law) related to the Acquired Assets or any part thereof, including (i) any general real estate Taxes or special assessments
not yet due and payable; (ii) existing laws, orders and regulations, including applicable zoning laws and regulations; (iii) all
tenancies, encumbrances, easements, rights, trackage rights, conditions, reservations, leases, licenses, permits, privileges,
agreements, third-party agreements, covenants, restrictions, rights of re-entry, possibilities of reverter, and defects in title,
whether or not of record or as would be disclosed by a complete and accurate survey and physical inspection of the Acquired Assets
and inspection of the title thereto that affect the Real Property as of the Closing Date; (iv) whatever rights the public may
have to the use of any roads, alleys, bridges or streets on or crossing the Real Property or streams, rivers, creeks and waterways
passing under, across or through the Real Property; and (v) Pipe and Wire Crossing Agreements and any pipes, wires, poles, cables,
culverts, drainage courses or systems, or other facilities on or crossing the Real Property together with the rights, if any,
of Persons entitled to maintain, repair, renew, replace, use or remove the same.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Environmental
Law&rdquo; &ndash; Any federal, state, local or common law, rule, regulation, ordinance, code, order, decree, judgment, permit
requirement, or other requirement of any Governmental Authority, in effect as of the date of this Agreement or at any time thereafter,
relating to (i) the pollution or protection of the environment (including air, land, soil, soil vapor, surface waters, ground
waters, stream and river sediments, and biota); or (ii) the use, generation, storage, treatment, disposal, processing, transportation
(except for transportation as a common carrier), handling, release, emission or remediation of, or exposure to, Hazardous Substances,
including the Comprehensive Environmental Response, Compensation, and Liability Act (&ldquo;CERCLA&rdquo;), 42 U.S.C. &sect;&sect;
9601 et seq., the Resource Conservation and Recovery Act (&ldquo;Solid Waste Disposal Act&rdquo; or &ldquo;RCRA&rdquo;), 42 U.S.C.
&sect;&sect; 6901 et seq., the Clean Air Act, 42 U.S.C. &sect;&sect; 7401 et seq., the Safe Drinking Water Act, 42 U.S.C. &sect;&sect;
330f et seq., the Federal Water Pollution Control Act, 33 U.S.C. &sect;&sect; 1251 et seq., the Hazardous Materials Transportation
Act, 49 U.S.C. &sect;&sect; 5101 et seq., and the Toxic Substances Control Act (&ldquo;TSCA&rdquo;), 15 U.S.C. &sect;&sect; 2601
et seq.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Environmental
Liabilities&rdquo; &ndash; Claims, judgments, damages (including consequential and punitive damages), losses, penalties, fines,
obligations, commitments, liabilities, Encumbrances, violations, costs and expenses (including attorneys&rsquo;, consultants&rsquo;
and engineering fees) arising under any Environmental Laws (whether at law or in equity) or in any way relating to (i) the environment
(including air, land, soil, soil vapor, surface waters, ground waters, stream and river sediments, and biota); (ii) the presence,
use, generation, storage, treatment, disposal, processing, transportation (except for transportation as a common carrier), handling,
release, emission or remediation of, or exposure to, Hazardous Substances; or (iii) impacts on human health and safety resulting
from the foregoing, including, without limitation, investigation, remediation, clean-up, corrective action, monitoring, or defense
of any matter arising under any Environmental Laws, of whatever kind or nature, whether known or unknown, asserted or unasserted,
fixed, absolute or contingent, matured or unmatured, accrued or unaccrued, liquidated or unliquidated or due or to become due,
whether or not resulting from the actual or alleged violation of or noncompliance with any Environmental Laws.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Excluded
Assets&rdquo; &ndash; All assets of Seller not expressly included in the definition and description of the Acquired Assets as
set forth on Exhibit B attached hereto and made a part hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Excluded
Liabilities&rdquo; &ndash; As defined in Section 2.03.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Existing
Lease&rdquo; &ndash; That certain Lease between Seller and CNOTP, dated as of October 11, 1881, as amended and supplemented, including
without limitation by the 1987 Supplementary Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Formal
Announcement&rdquo; &ndash;The passage of a resolution by Seller formally announcing the proposed sale of the Acquired Assets
as required by Ohio law, thereby setting the date of the election for the Cincinnati Voter Approval.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Governmental
Authority&rdquo; &ndash; Any governmental body, whether federal, state or local, including any agency, board, bureau, court, commission,
department, instrumentality, regulatory authority, or administration of any governmental body, with jurisdiction over the applicable
subject matter.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Governmental
Order&rdquo; &ndash; Any order, writ, judgment, injunction, decree, stipulation, decision, authority, notice, determination or
award entered by or with any Governmental Authority, including by the STB.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Guaranty&rdquo;
- As defined in the Recitals.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Hazardous
Substances&rdquo; &ndash; All hazardous or toxic materials or substances, wastes, pollutants, contaminants, or terms of similar
meaning, and all other materials or substances that are subject to regulation, defined, or may give rise to any responsibilities
or liabilities under any Environmental Law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;IPD-GNP&rdquo;
&ndash; The implicit price deflator through gross national product as published by the Bureau of Economic Analysis.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;IPD
Increase&rdquo; - As defined in Section 2.04(b).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Labor
Protection&rdquo; &ndash; (i) Any and all costs, expenses, legal fees and payments incurred by Seller, including benefits, bonuses,
allowances, and arbitration, administrative and litigation expenses, arising out of any agreement with, or claims or grievances
made or lawsuits brought by or on behalf of, employees of Seller or their collective bargaining representatives, in each case
pursuant to statute, employee protective conditions imposed by a Governmental Authority, a collective bargaining agreement or
any agreement entered into with such employees or their collective bargaining representatives in connection with the transactions
contemplated by this Agreement; and (ii) any and all costs and expenses incurred by Seller in connection with any preemptive legal
actions undertaken by Seller, including costs and expenses associated with defending any related counterclaims of employees of
Seller or their collective bargaining representatives, that are related to matters contemplated by clause (i) above or otherwise
related to implementation of the transactions contemplated by this Agreement from the standpoint of collective bargaining.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Line&rdquo;
&ndash; As defined in the Recitals.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Line
Agreements&rdquo; &ndash; As defined in Section 2.01(ii).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Material
Adverse Effect&rdquo; &ndash; Any event, change, development, circumstance or effect that is materially adverse to (x) the ability
of Buyer to use and operate the Acquired Assets in substantially the same manner as the Acquired Assets were used and operated
by Buyer prior to the date hereof, or (y) the ability of Buyer or CNOTP or Seller to consummate the transactions contemplated
by this Agreement; <I>provided</I>, <I>however</I>, that &ldquo;Material Adverse Effect&rdquo; shall not include any event, occurrence,
fact, condition, or change directly or indirectly arising out of or attributable to: (i) the consummation of any action required
by this Agreement, (ii) any failure to meet projections and forecasts; <I>provided</I> that this <U>clause (ii)</U> shall not
prevent a determination that any event, change, development, circumstance or effect (whether short-term or long-term), not otherwise
excluded from this definition of Material Adverse Effect, that results in such failure to meet projections or forecasts has resulted
in a Material Adverse Effect, (iii) changes, events or occurrences arising from general business conditions or affecting the rail
industry generally (including COVID-19 and variants thereof); <I>provided</I>, that, in the case of <U>clause (iii)</U> if such
fact, circumstance, change, event, occurrence or effect disproportionately affects the Acquired Assets, taken as a whole, compared
to other companies in the industry in which the Buyer operates, then, such impact or impacts shall be taken into account in determining
whether there has been a Material Adverse Effect, (iv) any change, effect or circumstance resulting from the announcement of this
Agreement, or (v) conditions caused by acts of terrorism or war (whether or not declared) or any man-made disaster or acts of
God.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Operative
Documents&rdquo; &ndash; Assignment and Assumption Agreement, Bill of Sale, Deeds, Guaranty, Termination of Existing Lease, all
required affidavits and state transfer forms delivered at Closing pursuant to this Agreement, and the certificates in the forms
set forth in Exhibits H, I and J, each attached hereto and made a part hereof.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Parties&rdquo;
&ndash; Collectively, CNOTP, Buyer and Seller.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Party&rdquo;
&ndash; Each of CNOTP, Buyer and Seller.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Person&rdquo;
&ndash; Any natural&nbsp;person, proprietorship, partnership (limited or general), corporation, limited liability company, organization,
firm, business, joint venture, association, trust or other entity, but excluding the Parties and their respective Affiliates where
the context requires.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Personal
Property&rdquo; &ndash; As defined in the Recitals.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Pipe
and Wire Crossing Agreements&rdquo; &ndash; Easements, license agreements, and/or rights of entry agreements, pertaining to above-
and below-ground pipes, conduits, wires, cables, casings, inner ducts and other appurtenant materials, equipment and facilities
installed, maintained and operated on and through the rights-of-way and the roadbed of the Real Property, and other crossings
related to water, gas, sanitary sewer, storm sewer, pipelines, drains, ditches, irrigation, and conveyor facilities.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Primary
Date&rdquo; &ndash; The date on which polls are open for the primary election with respect to elected offices for the City of
Cincinnati to be held in calendar year 2025.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Proceeding&rdquo;
&ndash; Any claim, charge, audit, investigation, hearing, litigation, suit, action (including regulatory action) or proceeding,
whether judicial, civil, criminal or administrative (including arbitration and any other alternative dispute resolution procedure).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Property
Services Agreements&rdquo; &ndash; Easements, license agreements and/or rights of entry agreements pertaining to: cell towers,
antennas, radio equipment, radar, fiber optics, power transmission facilities (but not power distribution facilities), rail sidings,
spur track or industrial track, road crossings, laser transmission systems, wirelines and pipelines running generally parallel
to the right-of-way, signboards, timber management and farm management, on or under the Real Property.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Public
Parties&rdquo; &ndash; Collectively, Seller and the City of Cincinnati.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Purchase
Price&rdquo; &ndash; The Base Purchase Price plus the Accelerated Transaction Fee plus the Deferred Transaction Fee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Real
Property&rdquo; &ndash; As defined in the Recitals.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Real
Property Interests&rdquo; &ndash; Leases, licenses, easements, permits or other interests in or right to enter upon the Real Property.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Required
Consent Contract&rdquo; &ndash; As defined in Section 2.08(a).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Seller&rdquo;
&ndash; As defined in the Preamble.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Seller
Released Parties&rdquo; &ndash; As defined in Section 5.05(c).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Settlement
Agent&rdquo; &ndash; Such third party as Buyer may retain, at Buyer&rsquo;s sole cost and expense, to administer the Closing and
otherwise assist in facilitating the transactions contemplated by this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;State
Law Change&rdquo; &ndash; A state law change passed by the State of Ohio legislature and signed into law meeting the requirements
of Seller with respect to the conduct of the transactions contemplated by this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;STB&rdquo;
&ndash; United States Surface Transportation Board.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;STB
Order&rdquo; &ndash; The order, decision or notice of exemption entered by the STB that (i) approves or exempts the transactions
contemplated by this Agreement and (ii) subject to Section 12.05(a) of this Agreement, does not impose any condition granting
trackage, haulage or other operating or access rights or terms (<I>e.g.</I>, rates or terms of service or interchange) to one
or more railroads that, in the reasonable judgment of Buyer, is likely to materially impact Buyer&rsquo;s anticipated benefits to be
obtained hereunder; <I>provided</I>, however, that if more than one order is issued by the STB in connection with such contemplated
transactions, all such orders shall for purposes of this Agreement, unless otherwise indicated, be referred to collectively as
the STB Order.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Tax&rdquo;
or &ldquo;Taxes&rdquo; &ndash; All federal, state, local, foreign and other taxes, customs, duties, fees, levies, assessments
or charges of any kind whatsoever, including all net income, gross income, gross receipts, sales, use, ad valorem, transfer, franchise,
profits, license, withholding, payroll, employment, excise, estimated, severance, stamp, occupation, real or personal property,
business, documentary, registration, filing, recordation, unemployment, worker&rsquo;s compensation, commercial rent, premium,
windfall profits, deemed profits, lease, capital, production, corporation, value added, bulk sale or other taxes, customs, duties,
fees, levies, assessments or charges of any kind whatsoever, together with any interest and any penalties, additions to tax or
additional amounts imposed by any Governmental Authority (domestic or foreign) regardless of whether disputed or whether related
to the filing of a Tax Return (or the failure to file a Tax Return).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Tax
Return&rdquo; &ndash; Any report, return, document, declaration or other information or filing (including any amendment thereto)
with respect to Taxes required by law to be supplied to any Governmental Authority or to be collected or maintained, including
information returns, any documents accompanying payments of estimated Taxes, or requests for the extension of time in which to
file any such report, return, document, declaration or other information or filing.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Termination
Fee&rdquo; &ndash; An amount equal to the Deferred Transaction Fee that would be payable upon Closing if Closing occurred on the
date of termination of this Agreement under Section 12.06.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Termination
of Existing Lease&rdquo; &ndash; The document terminating the Existing Lease and related documents in the form set forth in Exhibit
F attached hereto and made a part hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;Third
Party Claims&rdquo; &ndash; As defined in Section 13.03.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&ldquo;WARN
Act&rdquo; &ndash; Worker Adjustment and Retraining Notification Act, 29 U.S.C. &sect;&sect; 2101 et seq.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Other
Definitional Provisions. Unless otherwise stated, terms, phrases and expressions used in this Agreement (whether or not capitalized)
which pertain to railroad operations and service shall have the meaning commonly given such terms under common usage and practice
of the railroad industry in 2022. All personal pronouns used in this Agreement shall include the other genders whether used in
the masculine or feminine or neuter gender, and the singular shall include the plural, and vice versa, unless the context otherwise
requires. Terms such as &ldquo;herein&rdquo;, &ldquo;hereof&rdquo;, &ldquo;hereby&rdquo;, &ldquo;hereunder&rdquo; and &ldquo;hereinafter&rdquo;
refer to this Agreement as a whole and not to the particular sentence, paragraph or Section where they appear, unless the context
otherwise requires. The term &ldquo;including&rdquo; shall mean, and shall be interpreted as though such term were, the phrase
&ldquo;including, without limitation,&rdquo; in each place where such term appears. Whenever reference is made to a Section of
this Agreement, such reference is to the Section as a whole, including all of the subsections and paragraphs of such Section,
unless the reference is expressly made to a particular subsection or paragraph of such Section. All references in this Agreement
to &ldquo;$&rdquo; or &ldquo;dollars&rdquo; shall refer to the currency of the United States of America.</FONT></P>

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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">II.</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><U><A NAME="e22497a_003"></A>SALE
                                         AND PURCHASE OF ACQUIRED ASSETS; TRANSFER OF LINE AGREEMENTS.</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">2.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_004"></A>Sale and Purchase of Acquired Assets</U>. Subject to the terms and conditions hereof, Seller agrees to sell, transfer, assign,
and convey to Buyer, and Buyer agrees to purchase from Seller for the Purchase Price, all of Seller&rsquo;s right, title and interest
in or to the Acquired Assets, subject in each case to all and any Encumbrances. Subject to Section 2.02, the Acquired Assets,
without duplication, consist of all of Seller&rsquo;s right, title and interest in and to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 2in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the Line;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;subject to Section 2.08, all rights under Contracts related to or associated with the Line (&ldquo;Line Agreements&rdquo;), including
the Line Agreements listed in Schedule 2.01(ii) attached hereto and made a part hereof;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all Real Property and Real Property Interests; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all Personal Property.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">2.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_005"></A>Excluded Assets</U>. It is expressly understood and agreed that, notwithstanding the provisions of Section 2.01, the Acquired
Assets shall not include the Excluded Assets.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">2.03.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_006"></A>Excluded Liabilities</U>. Buyer shall not assume or be obligated to pay, perform or otherwise discharge any of the following
liabilities of Seller (all of such liabilities not so assumed by Buyer being referred to herein as the &ldquo;Excluded Liabilities&rdquo;):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any liabilities arising out of or related to the Excluded Assets;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;liabilities arising out of or related to indebtedness for borrowed money;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any liability of Seller in respect of any breach of or default under, or any non-compliance with respect to, any Line Agreements
by Seller to the extent arising out of, relating to or resulting from any act, error or omission of Seller occurring at or prior
to Closing;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any payment obligation of Seller for any goods or services provided to Seller under any Line Agreement prior to Closing; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to the extent such obligations exist, any liability of Seller to indemnify any Person by reason of the fact that such Person was
a partner, manager, trustee, director, officer, employee or agent of Seller or any of its Affiliates or was serving at the request
of any such Person as a partner, manager, trustee, director, officer, employee or agent of another Person.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">2.04.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_007"></A>Purchase Price</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Payment
of Purchase Price</U>. Subject to the terms and conditions of this Agreement, the Purchase Price for the Acquired Assets shall
be payable pursuant to the terms and conditions of this Agreement in cash from Buyer (through a Settlement Agent if Buyer shall
so elect) to Seller (without defense, setoff, counterclaim or withholding, but subject to any applicable deductions for Seller
expenses or costs that Seller has agree to assume herein and have been paid by Buyer) as follows, in each case by wire transfer
of immediately available funds to a bank account to be designated in writing by Seller to Buyer (or Settlement Agent, if applicable)
not less than five (5) Business Days prior to the applicable payment:</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Accelerated Transaction Fee is due and payable on the date hereof. The Accelerated Transaction Fee is non-refundable and shall
not be returned to Buyer if the Closing does not occur.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Base Purchase Price and the Deferred Transaction Fee are due and payable upon Closing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>IPD-GNP Escalation - 2024</U>. If the Closing has not occurred on or before December 31, 2023, the Base Purchase Price and
the Deferred Transaction Fee shall be increased on January 1, 2024 by the lesser of the year-over-year percentage increase in
IPD-GNP (an &ldquo;IPD Increase&rdquo;) or one and one-half percent (1.5%) except that:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if there is no IPD Increase as of January 1, 2024 then there shall be no adjustment made on January 1, 2024;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if the IPD Increase applicable as of January 1, 2024 exceeds 1.5% (e.g., 2% as of January 1, 2024), then the Base Purchase Price
and Deferred Transaction Fee as of January 1, 2024 shall be increased by 1.5% and the amount in excess of 1.5% (e.g., 0.5% based
on the preceding example) shall be applied to a credit pool (the &ldquo;Credit Pool&rdquo;);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;notwithstanding subsection (ii) above, there will be no adjustment to the Base Purchase Price or the Deferred Transaction Fee
on January 1, 2024 if Seller shall have received the Accelerated Transaction Fee prior to January 1, 2024 and both of the following
conditions have been satisfied: (A) the condition precedent in Section 11.03 (Cincinnati Voter Approval) has been satisfied by
November 15, 2023 (the calendar month in which such satisfaction occurs the &ldquo;2023 Voter Approval Month&rdquo;), and (B)
the condition precedent identified in Section 10.01 and Section 11.01 shall have been satisfied by the end of the eighth (8th)
calendar month following the end of the 2023 Voter Approval Month; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any Credit Pool balance that remains as of the Closing Date shall expire unused.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>IPD-GNP Escalation - 2025</U>. If the Closing has not occurred on or before December 31, 2024, the Base Purchase Price and
the Deferred Transaction Fee, as they may have been increased pursuant to Section 2.04(b), shall be increased on January 1, 2025
by the lesser of the associated IPD Increase or one and one-half percent (1.5%) except that:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if there is no IPD Increase and no Credit Pool balance as of January 1, 2025, then there shall be no adjustment made on January
1, 2025;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;if Cincinnati Voter Approval is obtained on or before November 15, 2023, then there shall be no adjustment made on January 1,
2025;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;subject to subsection (ii) above, if the IPD Increase applicable as of January 1, 2025 exceeds 1.5% (e.g., 2% as of January 1,
2025), then the Base Purchase Price and Deferred Transaction Fee, as they may have been increased pursuant to Section 2.04(b),
shall be increased by 1.5%, and the amount in excess of 1.5% (e.g., 0.5% based on the preceding example) shall be applied to the
Credit Pool;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;subject to subsection (ii) above, if the IPD Increase applicable as of January 1, 2025 is less than 1.5% (e.g., 1.25% as of January
1, 2025) and the amount in the Credit Pool immediately prior to January 1, 2025 is greater than zero (e.g., 0.5% based on the
example in Section 2.04(b)), then an amount shall be deducted from the Credit Pool (a &ldquo;Credit Pool Additive&rdquo;) and
added to the IPD Increase to either increase the IPD Increase to a maximum of 1.5% (e.g., 1.25% + .25% = 1.5%, with the resulting
Credit Pool balance of .25% based on the preceding examples in this Section 2.04(c) and in Section 2.04(b)) or, if the Credit
Pool balance immediately prior to January 1, 2025 is insufficient to reach 1.5%, exhaust the Credit Pool, and the Base Purchase
Price and Deferred Transaction Fee, as they may have been increased pursuant to Section 2.04(b), shall be increased by the sum
of the IPD Increase and the Credit Pool Additive;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;notwithstanding subsections (iii) and (iv) above, there will be no adjustment to the Base Purchase Price or the Deferred Transaction
Fee (beyond any adjustment that may have been made on January 1, 2024) on January 1, 2025 if Seller shall have received the Accelerated
Transaction Fee prior to January 1, 2024 and both of the following conditions have been satisfied: (A) the condition precedent
in Section 11.03 (Cincinnati Voter Approval) has been satisfied by November 15, 2024 (the calendar month in which such satisfaction
occurs the &ldquo;2024 Voter Approval Month&rdquo;), and (B) the condition precedent identified in Section 10.01 and Section 11.01
shall have been satisfied by the end of the eighth (8th) calendar month following the end of the 2024 Voter Approval Month; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any Credit Pool balance that remains as of the Closing Date shall expire unused.&#9;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Assumed Obligations</U>. As additional consideration for the Acquired Assets, Buyer shall assume the following obligations
and liabilities of Seller (the &ldquo;Assumed Obligations&rdquo;):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;obligations and liabilities of Seller (if any) arising before (except to the extent such obligations are imposed on Seller under
the Existing Lease) or after the Closing Date under Real Property Interests and Contracts assigned to Buyer pursuant to the provisions
hereof or under Line Agreements, as provided in Section 2.08(b);</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;except for any income tax liability Seller may incur from Seller selling the Acquired Assets to Buyer, all obligations, commitments
and liabilities of the Public Parties, of whatever nature, whether known or unknown, asserted or unasserted, fixed, absolute or
contingent, matured or unmatured, accrued or unaccrued, liquidated or unliquidated or due or to become due, which relate to the
condition of the Real Property and the other Acquired Assets arising before or after the Closing Date, or which relate exclusively
to the ownership, condition or operation of the Acquired Assets arising before or after the Closing Date, including those arising
under statutes, rules, regulations and effective or pending orders of Governmental Authorities;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all Environmental Liabilities of the Public Parties arising before or after the Closing Date which arise out of or are related
in any way to the condition, ownership or use of the Real Property or the Line Agreements or any other Acquired Assets, including
without limitation (A) any environmental contamination or other condition, or the presence of Hazardous Substances, on the Real
Property or other Acquired Assets, whether such contamination or Hazardous Substances are located on or under the Real Property
or other Acquired Assets or have migrated or will migrate from or to the Real Property or other Acquired Assets, and (B) the handling,
use, treatment, removal, storage, decontamination, cleanup, transport (except for transportation as a common carrier) or disposal
of, or exposure to, Hazardous Substances, whether such conditions and/or Environmental Liabilities are known or unknown, suspected
or unsuspected, contemplated or uncontemplated, and whether or not such conditions were caused by Seller or predecessors or Affiliates
of Seller.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">2.05.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_008"></A>Real Estate Taxes</U>. No pro-rations shall be made for real estate taxes, and, in addition to the Purchase Price, CNOTP shall
pay all Taxes assessed against the Acquired Assets that are due and payable as of the Closing Date, and Buyer shall pay all Taxes
assessed against the Acquired Assets that become due and payable after the Closing Date.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">2.06.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_009"></A>Buyer Title/Survey</U>. Buyer, or CNOTP, as applicable, may undertake examination of title to, and may perform surveying of,
any aspect of the Acquired Assets prior to Closing as Buyer, or CNOTP, deems necessary, at Buyer&rsquo;s sole cost and expense.
Buyer, or CNOTP, may elect to procure title insurance commitments for any portion of, or all, of the Acquired Assets prior to
Closing as Buyer or CNOTP deems necessary, at Buyer&rsquo;s sole cost and expense. While Seller agrees to execute documentation
reasonably necessary for Buyer to obtain such coverage, (a) Seller shall not be under any obligation to cure any defects or Encumbrances
revealed by such examination that may affect any aspect of the Acquired Assets, and (b) Seller shall not be required to execute
an Affidavit of Title or any other similar documents pertaining to title, it being acknowledged by Buyer that Seller is selling
the Acquired Assets &ldquo;as is.&rdquo; Neither any finding disclosed by the examination described above nor Buyer&rsquo;s, or
CNOTP&rsquo;s, failure to obtain title insurance at rates, and without exceptions, acceptable to Buyer or CNOTP, as the case may
be, shall affect Buyer&rsquo;s obligations to proceed to Closing as otherwise set forth herein. Seller agrees to reasonably cooperate
with Buyer&rsquo;s efforts to obtain any subdivision, or other similar effort, to give full effect to the transfer of the Acquired
Assets as contemplated by this Agreement. Buyer shall reimburse Seller for any out-of-pocket costs or expenses Seller incurs in
connection with such cooperation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">2.07.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_010"></A>[Reserved]</U>&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">2.08.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_011"></A>Required Consent Contracts</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anything in this Agreement to the contrary notwithstanding, Seller shall be under no obligation to assign or otherwise sell, convey
or transfer any Line Agreement (or any claim, right or benefit arising thereunder or resulting therefrom) prior to receiving any
required consent or approval of a third party for such assignment, conveyance or transfer, or to enter into any other agreement
or arrangement with respect thereto, if an attempted assignment, sale, conveyance or transfer thereof, or entering into any such
agreement or arrangement, without the consent or approval of a third party, would constitute a breach thereof, or other contravention
thereunder, be ineffective with respect to any party thereto, or in any way adversely affect the rights of Seller or Buyer thereunder;
<I>provided</I>, <I>however</I>, that, if any such Line Agreement may be so assigned, sold, conveyed or transferred to Buyer without
having any of the foregoing consequences, such contract shall be so assigned, sold, conveyed and transferred. With respect to
any Line Agreement as to which the consent or approval of a third party is required (each a &ldquo;Required Consent Contract&rdquo;),
promptly after the date hereof, and for a period of 12 months from and after the Closing, Seller and Buyer will use commercially
reasonable efforts to obtain the written consent or approval of such third party(ies) to such Required Consent Contract for the
sale, transfer, assignment and novation thereof to Buyer, or written confirmation from such parties reasonably satisfactory in
form and substance to Seller and Buyer confirming that such consent is not required; <I>provided</I>, <I>however</I>, that Seller
shall not be required to pay or incur any costs or expenses (including any requested consent fees) in connection with any effort
to obtain any consent or approval under a Required Consent Contract, such costs and expenses to be borne solely by Buyer.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Until such consent or approval is obtained with respect to any Required Consent Contract, to the extent permitted by applicable
law and the terms of any Required Consent Contract not assigned pursuant to Section 2.01, from and after the Closing, (i) Buyer
will obtain the claims, rights and benefits of Seller arising under such Required Consent Contract, (ii) Buyer will perform, fulfill
and discharge all of Seller&rsquo;s obligations and liabilities thereunder in a timely manner and in accordance with all applicable
laws and the terms of such Required Consent Contract for the benefit of Seller and the other party or parties thereto, (iii) Buyer
will indemnify, defend, and hold harmless Seller and its Affiliates from any losses asserted against, incurred or suffered by
any of them that relate to, result from or arise out of the failure of Buyer to comply with this Section 2.08(b) with respect
to any Required Consent Contract, including as a result of performance, non-performance or deficient performance under such Required
Consent Contract and (iv) Seller agrees to enforce, at the reasonable request of Buyer and at the expense and for the account
of Buyer, any rights of Seller under or arising from the Required Consent Contracts against any third party, including the right
to elect to terminate any such Required Consent Contracts (or rights thereunder) in accordance with the terms of such Required
Consent Contracts upon the written direction of Buyer; <I>provided</I> that Buyer shall be responsible for any termination fees
resulting from or arising out of the termination of any Required Consent Contracts at the direction of Buyer.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With respect to any Required Consent Contract not assigned or transferred pursuant to Section 2.01 for which Buyer must undertake
performance pursuant to Section 2.08(b), Seller will pay over to Buyer any monies received by Seller from any third party for
services rendered by Buyer after the Closing, less any actual out-of-pocket costs or expenses incurred by Seller as a result of
receiving and processing payment of such monies.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">III.</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><U><A NAME="e22497a_012"></A>CLOSING</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">3.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_013"></A>Closing Date and Place</U>. The closing of the purchase of the Acquired Assets (the &ldquo;Closing&rdquo;) shall take place
at the offices of the Settlement Agent or remotely via electronic exchange of documents and signatures (except for the Deeds,
for which Seller shall deliver to Buyer original wet-ink, signed and notarized copies for each county in which the Real Property
is located) within five (5) Business Days after all conditions (other than the conditions to be satisfied at the Closing, but
subject to their satisfaction or waiver at the Closing ) to each Party&rsquo;s obligations under Articles X and XI have been satisfied
or waived as provided therein (the &ldquo;Closing Date&rdquo;). Buyer and Seller shall cooperate to facilitate recordation of
Deeds by use of the Settlement Agent or another title company to promptly record the Deeds as part of the Closing. The provisions
of this Agreement shall survive the Seller&rsquo;s execution and delivery of the Deeds and shall not be deemed to have been merged
therein.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">3.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_014"></A>Deliveries by Seller</U>. At or prior to the Closing, Seller shall deliver to Buyer or the Settlement Agent the following,
with all instruments being duly executed:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Original counterpart of the Assignment and Assumption Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Original counterpart of the Bill of Sale.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Original Deeds for all of the Real Property in recordable form for each locality and/or county in which the Real Property is located.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Original counterpart of the Termination of Existing Lease.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seller Officers&rsquo; Certificate in the form set forth in Exhibit H attached hereto and made a part hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Original counterpart of the settlement statement in mutually agreeable form to Buyer, Seller, and the Settlement Agent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All required state transfer forms and affidavits of value, if any, as well as, other documentation, in mutually agreeable form,
as may be reasonably required by Buyer&rsquo;s title company or the Settlement Agent to evidence Seller&rsquo;s authority to enter
into this Agreement and consummate the transactions contemplated herein, or facilitate recording of the Deeds.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">3.03.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_015"></A>Deliveries by Buyer</U>. At the Closing, Buyer and its relevant Affiliates shall deliver to Seller the following, with all
instruments being duly executed:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Base Purchase Price and the Deferred Transaction Fee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Original counterpart of the Bill of Sale.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Original counterpart of the Assignment and Assumption Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Original counterpart of the Termination of Existing Lease.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buyer Officers&rsquo; Certificate in the form set forth in Exhibit I attached hereto and made a part hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certificate of Incumbency authorizing the transactions contemplated herein in the form set forth in Exhibit J attached hereto
and made a part hereof.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All required state transfer forms and affidavits of value, if any.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(viii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other documentation, in mutually agreeable form, as may be reasonably required by Buyer&rsquo;s title company or the Settlement
Agent to evidence Buyer&rsquo;s authority to enter into this Agreement and consummate the transactions contemplated herein, or
facilitate recording of the Deeds.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">3.04.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_016"></A>Third-Party Agreements</U>. To the extent any third party requires a particular assignment document that has representations
and warranties or indemnification provisions that are different from the terms of this Agreement, as between Buyer and Seller
this Agreement shall control.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">3.05.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <U><A NAME="e22497a_017"></A>Closing
Costs</U>. Seller shall only be responsible for Seller&rsquo;s attorneys&rsquo; fees, and any other costs or expenses as
expressly set forth in this Agreement. Buyer shall be responsible for all other Closing costs, Buyer&rsquo;s
attorney&rsquo;s fees, title insurance premiums, fees for any examination, and other costs and expenses as set forth in this
Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">IV.</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><U><A NAME="e22497a_018"></A>CONFIDENTIALITY
                                         OF INFORMATION</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">4.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_019"></A>Confidentiality of Information</U>. Each Party may disclose this Agreement to the Internal Revenue Service, any government
tax authority, or external auditor and disclosure may also occur if this Agreement is a public record. In the event this Agreement
is terminated or expires, any confidentiality obligations between the parties hereto shall survive for two (2) years after such
termination or expiration.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">V.</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><U><A NAME="e22497a_020"></A>ADDITIONAL
                                         UNDERTAKINGS AND AGREEMENTS</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">5.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_021"></A>Buyer&rsquo;s Support of State Law Change and Cincinnati Voter Approval</U>. Buyer shall, at its expense, undertake all efforts
it deems reasonable to support Seller&rsquo;s efforts and coordinate such efforts with Seller to obtain the State Law Change and
Cincinnati Voter Approval. Buyer shall pay all costs related to its supporting efforts for obtaining the Cincinnati Voter Approval
and shall make payments directly to such third parties as may be identified by Buyer to assist in obtaining such approval. Seller
shall not be obligated to reimburse Buyer for any expenses or costs incurred by Buyer in fulfilling its obligations under this
Section 5.01.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">5.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_022"></A>Existing Lease</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From the date hereof through the earlier of termination of this Agreement or the Drop Dead Date, neither Seller nor CNOTP or any
of their Affiliates shall provide a notice of intent to pursue arbitration under Sections 2 and 8(b) of the 1987 Supplementary
Agreement to determine the fair market rental terms for an extension of the term of the Existing Lease. This Agreement shall not
be construed to limit the rights of Seller or CNOTP to pursue arbitration under Section 8 of the 1987 Supplementary Agreement
of any dispute other than a dispute over the fair market rental terms for an extension of the term of the Existing Lease.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Until the Closing occurs, CNOTP shall fully comply with all of the terms of the Existing Lease, and the failure of CNOTP to do
so shall constitute a breach of this Agreement by Buyer and CNOTP.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In the event this Agreement is terminated or the Closing does not occur prior to December 31, 2024, Seller and CNOTP shall negotiate
in good faith to reach a letter agreement with respect to modifying Section 2 of the 1987 Supplementary Agreement in a manner
that, based on then-current circumstances, allows for sufficient time to execute the existing provisions of Section 2 of the 1987
Supplementary Agreement, including the possibility of streamlining the procedures therefor.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">5.03.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_023"></A>Tax Credits</U>. Seller shall continue to properly and timely assign to CNOTP Seller&rsquo;s track miles that Seller is allowed
to assign under Section 45G of the Code and under Kentucky Revised Statutes &sect;141.385, and CNOTP shall continue to pay Seller
an amount equal to 50% of the tax credits it claims and permanently sustains under Section 45G of the Code and under Kentucky
Revised Statutes &sect;141.385.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">5.04.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_024"></A>Seller&rsquo;s Expenses under Existing Lease</U>. CNOTP shall continue to pay the expenses of Seller in accordance with the
Existing Lease through the date of Closing, together with payments to the expense reserve fund.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">5.05.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_025"></A>Condition of Property</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buyer acknowledges and agrees, through CNOTP&rsquo;s operation of the Line under the Existing Lease and otherwise, that it has
had an adequate opportunity to inspect the Real Property and other Acquired Assets and Seller&rsquo;s records to evaluate the
condition of the Real Property and other Acquired Assets and, if the Closing occurs, Buyer shall conclusively be deemed to have
accepted the Real Property and other Acquired Assets in their present condition (including condition of title and environmental
condition), and such property shall be conveyed at Closing to Buyer &ldquo;AS IS, WHERE IS, WITH ALL FAULTS&rdquo;, as more fully
set forth in Article VI. The Public Parties do not make any representation or warranty, express or implied, with respect to the
condition of the Real Property or other Acquired Assets, including with respect to surface and subsurface environmental conditions,
whether latent or patent, the nonexistence of any Hazardous Substances, compliance by the Real Property or Seller with any Environmental
Law, the existence of any Environmental Liabilities, or habitability or tenantability of the Real Property. Buyer recognizes that
certain of the materials contained in certain assets comprising the Acquired Assets may be or contain Hazardous Substances, including
batteries, creosote in railroad ties, asbestos in building materials, lubricating stations, and lead in paint used on bridges
and other assets.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buyer&rsquo;s acceptance of title to the Real Property and other Acquired Assets shall represent Buyer&rsquo;s acknowledgment
and agreement that: (i) the Public Parties have not made nor has Buyer relied on any written or oral representation or warranty
made by the Public Parties, their agents or employees with respect to the condition or value of the Real Property or other Acquired
Assets; (ii) Buyer has had an adequate opportunity to inspect the condition of the Real Property and other Acquired Assets, through
CNOTP&rsquo;s operation of the Line under the Existing Lease and otherwise, including environmental conditions, and to inspect
documents applicable thereto, and Buyer is relying on such inspection; (iii) the Real Property has been developed and operated
as a railroad and for other industrial uses for many years, and the Real Property may be contaminated with Hazardous Substances
as a result; (iv) some products and materials that were used in operating facilities on the Line will be left on the Real Property
at Closing and, if intended to be discarded and not used, may need to be managed and disposed of in accordance with applicable
Environmental Laws; (v) the Real Property may include underground storage tanks (and certain underground storage tanks which may
have been removed without investigation), piping (above ground and underground piping), drainage mechanisms, and the like; and
(vi) Buyer has read and understands Seller&rsquo;s disclaimer in Article VI and such disclaimer is in full force and effect and
legally binding on Buyer.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Effective upon the Closing, and without further act, deed or instrument, Buyer, on behalf of itself and its Affiliates, successors,
successors-in-interest, and assigns , hereby releases the Public Parties, and their successors and assigns and their respective
trustees, officials, officers, directors, shareholders, employees, agents and representatives (&ldquo;Seller Released Parties&rdquo;),
from any and all obligations and liabilities with respect to any existing or future Claims at any time (including any liability
Buyer may incur as a result of Third Party Claims) arising out of or in any way relating to (i) the condition of the Real Property
and other Acquired Assets, (ii) non-compliance with Environmental Law related to the Real Property and other Acquired Assets,
(iii) Environmental Liabilities related to the Real Property and other Acquired Assets, including any environmental contamination,
or presence of Hazardous Substances on the Real Property or other Acquired Assets, whether such contamination or Hazardous Substances
are located on or under the Real Property or other Acquired Assets or have migrated or will migrate from or to the Real Property
or other Acquired Assets, and the handling, use, treatment, removal, storage, decontamination, cleanup, transport, or disposal
of, or exposure to, Hazardous Substances from the Real Property or other Acquired Assets, and (iv) the East Peavine Line, and
Buyer hereby waives any cause of action (including any right of contribution) Buyer and its Affiliates had, has or may in the
future have against Seller Released Parties with respect to the foregoing, whether arising under common law, or federal, state
or local statute, rule or regulation (all such obligations and liabilities being hereby assumed by Buyer and constituting Assumed
Obligations). The foregoing shall apply to any condition or noncompliance with Environmental Law, including any environmental
condition, known or unknown, suspected or unsuspected, contemplated or uncontemplated or any liability Buyer may incur as a result
of Third Party Claims. The Deeds shall provide substantially in effect as a covenant running with the land that (i) Successor
Railroads (as defined in Exhibit B to the Deed) shall acknowledge and affirm of record such Successor Railroad&rsquo;s release and waiver
of claims against Seller Released Parties and Seller&rsquo;s disclaimers of liability, and the Successor Railroad&rsquo;s assumption of Buyer&rsquo;s
obligations (which shall be joint and several with Buyer) to release, indemnify and defend the Seller Released Parties and (ii)
other transferees shall acknowledge and affirm of record such transferee&rsquo;s release and waiver of claims against Seller Released
Parties and Seller&rsquo;s disclaimers of liability (in the case of this clause (ii), with reasonable limitations for limitations imposed
by state law and principles of sovereign immunity).</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">5.06.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_026"></A>Labor and Labor Protection</U>. For the avoidance of doubt, upon Closing, Buyer may operate or elect to allow CNOTP to continue
to operate the Line with CNOTP&rsquo;s existing employees and pursuant to existing collective bargaining agreements. Buyer shall
pay all costs, expenses, legal fees and payments incurred by Seller related to Labor Protection and other matters referred to
in the definition of Labor Protection.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">5.07.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_027"></A>WARN Act</U>. Buyer shall comply and cause compliance with the provisions of the WARN Act and any other federal, state or local
laws regarding &ldquo;plant closings,&rdquo; &ldquo;mass layoffs&rdquo; or similar triggering events, or change of control, with
respect to Buyer&rsquo;s employment loss (as defined in the WARN Act) to Buyer&rsquo;s employees employed in operating the Line.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">5.08.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_028"></A>East Peavine Line</U>. Buyer shall engage in good faith negotiations with the State of Ohio to come to an agreement on interim
trail use, under which Buyer would donate the East Peavine Line to the State of Ohio, as interim trail manager, pursuant to 16
U.S.C. &sect;&sect; 1241-51, on terms customary for Class I railroads to states pursuant to the East Peavine Line Transaction
Documents.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">5.09.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_029"></A>Consents and Filings</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject to Section 2.08 and Section 5.01, Buyer shall be responsible for obtaining all necessary consents, other than the State
Law Change and the Cincinnati Voter Approval, for the transfer of any Acquired Asset and shall complete all required regulatory
filings, including making filings with the STB to obtain the STB Order. Subject to Section 5.01 and to the extent permitted by
law, Seller shall undertake all reasonable efforts to obtain the State Law Change and facilitate the Cincinnati Voter Approval,
provided that the Parties acknowledge that the conduct of elections and the content of ballots associated with Cincinnati Voter
Approval is solely within the authority of the Hamilton County Board of Elections. At the expense and upon the written request
of Buyer, Seller shall use its reasonable best efforts to assist Buyer to obtain as soon as practicable after execution hereof,
and prior to Closing, all licenses, permits, consents, waivers, approvals, authorizations, qualifications and orders of Governmental
Authorities relating to the Acquired Assets as may be required in order to enable Buyer, CNOTP and Seller to perform their respective
obligations under this Agreement, and each of the agreements and instruments called for hereunder, including required or desired
approvals, exemptions or actions, if any, by the STB with respect to Seller&rsquo;s sale and Buyer&rsquo;s purchase of the Acquired
Assets, including (i) assisting Buyer in the preparation and filing of all applications, forms, registrations and notices required
to be filed to consummate the transactions contemplated by this Agreement, (ii) cooperating with Buyer in its efforts to obtain
any consent or approval of any third party, including any Governmental Authority, required to be obtained or made by Buyer or
Seller in connection with the transactions contemplated by this Agreement and (iii) the execution and delivery of any additional
instruments necessary to consummate the transactions contemplated by this Agreement and to fully carry out the purposes of this
Agreement. Except as mutually agreed by the Parties, Buyer shall make all required filings and notices no later than thirty (30)
days after the date of the State Law Change. Buyer and Seller shall cooperate and use their reasonable best efforts to respond
as promptly as practicable to all inquiries received from the STB or other Governmental Authorities for initial or additional
information or documentation. The Parties will provide one another with an opportunity to review and comment upon one another&rsquo;s
proposed filings, and all such filings shall be subject to the approval of both Parties (such approval not to be unreasonably
withheld, conditioned or delayed).</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Without limiting the generality of subsection (a) above, (i) Buyer shall use commercially reasonable efforts to eliminate any
objections or concerns asserted with respect to the transactions contemplated hereby by any Governmental Authority with jurisdiction
over the enforcement of any laws applicable to Buyer&rsquo;s acquisition of the Acquired Assets so as to enable the Parties to
consummate the transactions contemplated hereby as soon as reasonably practicable and prior to the time at which a Party may terminate
this Agreement pursuant to Section 12.05(a), Section 12,05(b), Section 12.05(d) and Section 12.05(e), including but not limited
to: entering into negotiations, providing information, making proposals, entering into and performing agreements or submitting
to or challenging judicial or administrative orders; (ii) Buyer shall take promptly all other actions and do all other things
reasonably necessary and proper to avoid or eliminate each and every impediment under any law that may be asserted by any Governmental
Authority or any other party to the consummation of the transactions contemplated at the Closing in accordance with the terms
of this Agreement; (iii) Seller shall provide reasonable assistance to and cooperate with Buyer in the efforts contemplated by
this Section 5.09(b); and (iv) Buyer shall reimburse Seller for any out-of-pocket costs and expenses Seller incurs in connection
with those efforts.</FONT></P>

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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">VI.</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><U><A NAME="e22497a_030"></A>SELLER&rsquo;S
                                         REPRESENTATION AND WARRANTIES; DISCLAIMER.</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">6.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_031"></A>Representations and Warranties</U>. Neither Seller nor any other Person acting on behalf of Seller has made, makes or shall
be deemed to have made any express or implied representation or warranty, either written or oral, with respect to Seller or the
transaction contemplated hereby except as set forth in this Article VI. Seller represents and warrants to Buyer as of the date
hereof as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seller is a board of trustees duly organized and validly existing and in good standing under laws of the State of Ohio.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seller has the power and authority to own and lease the Acquired Assets and to carry on its business as now conducted.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject to receipt of the Cincinnati Voter Approval and the State Law Change, (A) the execution, delivery and performance by Seller
of this Agreement and of all other agreements and instruments called for hereunder, and the consummation by Seller of the transactions
contemplated by this Agreement, and all such other agreements and instruments called for hereunder, have been (or will be as of
the deliverable date) duly and validly authorized by all necessary action of Seller under applicable law and (B) this Agreement
constitutes, and each other agreement and instrument called for hereunder will constitute, upon execution and delivery by each
other party hereto and thereto the legal, valid and binding obligation of Seller, enforceable against Seller in accordance with
their respective terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and similar
laws affecting creditors&rsquo; rights and remedies generally and subject, as to enforceability, to general principles of equity,
including principles of commercial reasonableness, good faith and fair dealing (regardless of whether enforcement is sought in
a proceeding at law or in equity).</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Litigation</U>.
There is no Proceeding pending, or to the actual knowledge of Seller, threatened against or involving Seller at law or in equity
before or by any court, arbitrator or other Governmental Authority (a) which would restrict or limit the ability of Seller to
perform its obligations under this Agreement or any other agreement or instrument called for hereunder to which Seller is a party
or (b) which seeks to prevent the consummation of the transactions contemplated hereby or thereby.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">6.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_032"></A>Disclaimer</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><B>EXCEPT
AS SET FORTH IN THIS ARTICLE VI, THE SALE AND PURCHASE AND THE OTHER TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT SHALL BE WITHOUT
REPRESENTATION OR WARRANTY OF ANY KIND BY SELLER; SELLER DISCLAIMS ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, OF MERCHANTABILITY
OR FITNESS FOR A PARTICULAR PURPOSE WITH RESPECT TO THE ACQUIRED ASSETS; BUYER AND SELLER AGREE THAT THE REAL PROPERTY AND THE
ACQUIRED ASSETS ARE BEING CONVEYED &ldquo;AS IS, WHERE IS, WITH ALL FAULTS&rdquo;; SELLER MAKES NO REPRESENTATION OR WARRANTY
AS TO WHETHER, UPON CONSUMMATION OF THE TRANSACTIONS CONTEMPLATED HEREUNDER, THE ACQUIRED ASSETS WILL BE SUFFICIENT FOR BUYER&rsquo;S
PURPOSES; AND SELLER DOES NOT MAKE, AND EXPRESSLY DISCLAIMS, ANY REPRESENTATION OR WARRANTY REGARDING CONDITION OF TITLE, THE
ENVIRONMENTAL CONDITION OF THE REAL PROPERTY, THE PHYSICAL CONDITION OR MAINTENANCE HISTORY OF THE LINE, THE REAL PROPERTY, AND
THE ACQUIRED ASSETS.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">VII.</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><U><A NAME="e22497a_033"></A>BUYER&rsquo;S
                                         REPRESENTATIONS AND WARRANTIES</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Neither
Buyer nor any other Person acting on behalf of Buyer has made, makes or shall be deemed to have made any express or implied representation
or warranty, either written or oral, with respect to Buyer or the transaction contemplated hereby except as set forth in this
Article VII. Buyer represents and warrants to Seller as of the date hereof as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">7.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_034"></A>Organization and Authority</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buyer is a corporation duly organized and validly existing and in good standing under the laws of the Commonwealth of Virginia.
Buyer is duly qualified to do business in, and is in good standing under the laws of, each other state in which the ownership
or lease of its property or the nature or conduct of its business or both makes such qualification necessary, except where the
failure to be so qualified would not have a Material Adverse Effect.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buyer has the corporate power and authority to own, lease and operate the Acquired Assets and to carry on its business as now
conducted.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The execution, delivery and performance by Buyer of this Agreement and of all other agreements and instruments called for hereunder,
and the consummation by Buyer of the transactions contemplated by this Agreement, and all such other agreements and instruments
called for hereunder, have been (or will be as of the deliverable date) duly and validly authorized by all necessary corporate
or shareholder action of Buyer under applicable law, the articles of incorporation and bylaws of Buyer and otherwise (none of
which actions have been modified or rescinded, and all of which actions are in full force and effect). This Agreement constitutes,
and each other agreement and instrument called for hereunder will constitute, upon execution and delivery by each other party
hereto and thereto, the legal, valid and binding obligation of Buyer , enforceable against Buyer in accordance with their respective
terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and similar laws affecting
creditors&rsquo; rights and remedies generally and subject, as to enforceability, to general principles of equity, including principles
of commercial reasonableness, good faith and fair dealing (regardless of whether enforcement is sought in a Proceeding at law
or in equity).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">7.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_035"></A>No Conflicts; Consents of Third Parties</U>. The execution, delivery and performance of this Agreement by Buyer will not (a)
conflict with the articles of incorporation or bylaws of Buyer; (b) conflict with, result in a breach of, constitute (with or
without due notice or lapse of time or both) a default under, result in the acceleration of obligations under, create in any Party
the right to terminate, modify or cancel, or require any notice, consent or waiver under, any lease, agreement, commitment, financing
arrangement (including financial covenants) or other instrument to which Buyer is a party; (c) violate any order, judgment, or
decree, to which Buyer or any of its Affiliates are bound; or (d) constitute a violation by Buyer of any law or regulation applicable
to it, except in the case of clauses (b), (c) or (d) where the failure would not result in a Material Adverse Effect. Except for
the STB Order, no authorization, consent, waiver of right of first refusal, or approval of, or designation, declaration or filing
with, any Governmental Authority is required on the part of Buyer in connection with the execution, delivery, and performance
of this Agreement.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">7.03.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_036"></A>Litigation</U>. There is no Proceeding pending, or to the actual knowledge of Buyer, threatened against or involving Buyer
at law or in equity before or by any court, arbitrator or other Governmental Authority (a) which would restrict or limit the ability
of Buyer to perform its obligations under this Agreement or any other agreement or instrument called for hereunder to which Buyer
is a party or (b) which seeks to prevent the consummation of the transactions contemplated hereby or thereby.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">7.04.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_037"></A>Information Provided</U>. Buyer represents and warrants that it is taking full responsibility for making its own evaluation
of the physical condition of the Acquired Assets, the Real Property, title to the Real Property and Encumbrances thereon, and
the Acquired Assets, including the environmental condition of the property. Buyer also represents and warrants that it is making
its own evaluation of projected revenues and operating results from the Acquired Assets and that Seller has not provided any estimates,
projections, forecasts, plans, budgets or pro-forma information.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">7.05.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_038"></A>Financial Resources</U>. Buyer will have at Closing the financial resources necessary to pay the Base Purchase Price and the
Deferred Transaction Fee and to consummate the transactions contemplated hereby.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">7.06.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_039"></A>Continued Operation</U>. Buyer is purchasing the Line for continued railway operation, including provision of rail service
to customers on the Line.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">VIII.</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><U><A NAME="e22497a_040"></A>CNOTP&rsquo;S
                                         REPRESENTATIONS AND WARRANTIES</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Neither
CNOTP nor any other Person acting on behalf of CNOTP has made, makes or shall be deemed to have made any express or implied representation
or warranty, either written or oral, with respect to CNOTP or the transaction contemplated hereby except as set forth in this
Article VIII. CNOTP represents and warrants to Seller as of the date hereof as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">8.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_041"></A>Organization and Authority</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CNOTP is a corporation duly organized and validly existing and in good standing under laws of the State of Ohio. CNOTP is duly
qualified to do business in, and is in good standing under the laws of, each other state in which the ownership or lease of its
property or the nature or conduct of its business or both makes such qualification necessary, except where the failure to be so
qualified would not have a Material Adverse Effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CNOTP has the corporate power and authority to own, lease and operate its assets and to carry on its business as now conducted.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The execution, delivery and performance by CNOTP of this Agreement and of all other agreements and instruments called for hereunder,
and the consummation by CNOTP of the transactions contemplated by this Agreement, and all such other agreements and instruments
called for hereunder, have been duly and validly authorized by all necessary corporate or shareholder action of CNOTP under applicable
law, the articles of incorporation and bylaws of CNOTP. This Agreement constitutes, and each other agreement and instrument called
for hereunder will constitute, upon execution and delivery by each other party hereto and thereto the legal, valid and binding
obligation of CNOTP, enforceable against CNOTP in accordance with their respective terms, subject to applicable bankruptcy, insolvency,
fraudulent conveyance, reorganization, moratorium and similar laws affecting creditors&rsquo; rights and remedies generally and
subject, as to enforceability, to general principles of equity, including principles of commercial reasonableness, good faith
and fair dealing (regardless of whether enforcement is sought in a proceeding at law or in equity).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">8.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_042"></A>No Conflicts; Consents of Third Parties</U>. The execution, delivery and performance of this Agreement by CNOTP will not (a)
conflict with the articles of incorporation or bylaws of CNOTP; (b) conflict with, result in a breach of, constitute (with or
without due notice or lapse of time or both) a default under, result in the acceleration of obligations under, create in any Person
the right to terminate, modify or cancel, or require any notice, consent or waiver under, any lease, agreement, commitment, financing
arrangement (including financial covenants) or other instrument to which CNOTP is a party; (c) violate any order, judgment, or
decree, to which CNOTP is bound; or (d) constitute a violation by CNOTP of any law or regulation applicable to it, except in the
case of clauses (b), (c) or (d) where the failure would not result in a Material Adverse Effect. Except for the STB Order, no
authorization, consent, waiver of right of first refusal, or approval of, or designation, declaration or filing with, any Governmental
Authority is required on the part of CNOTP in connection with the execution, delivery, and performance of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">8.03.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_043"></A>Litigation</U>.&#9;There is no Proceeding pending, or to the actual knowledge of CNOTP, threatened against or involving CNOTP
at law or in equity before or by any court, arbitrator or other Governmental Authority (a) which would restrict or limit the ability
of CNOTP to fully perform its obligations under this Agreement or any other agreement and instrument called for hereunder to which
CNOTP is a party or (b) which seeks to prevent the consummation of the transactions contemplated hereby or thereby.</FONT></P>

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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">IX.</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><U><A NAME="e22497a_044"></A>COVENANTS</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><A NAME="e22497a_045"></A>9.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U>Conduct of Business.</U> Without the prior written approval of Buyer, from the date of this Agreement until the Closing, Seller
shall not, and shall not permit any of its Affiliates to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;sell, assign, lease, mortgage, pledge, grant any right or interest in, or otherwise transfer or dispose of, all or any part of
its real or personal property rights which comprise, or operating rights that relate to, any part of the Acquired Assets;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;terminate or amend any Line Agreements, <I>provided</I> that Seller may renew or extend (on substantially similar terms as, or
terms more favorable to Seller than, the existing Line Agreement) any Line Agreement that otherwise would terminate by its terms;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;seek to abandon any part of the rail lines included in the Line;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;grant to any third party trackage rights, haulage rights or any rights to use or occupy any portion of the Line or the Real Property;
or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;authorize any of, or commit or agree to take, whether in writing or otherwise, or do any of, the foregoing actions.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">9.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_046"></A>Further Action</U>. After the Closing, at the request of a Party, the other Party shall cooperate and use commercially reasonable
efforts to carry out the intent of this Agreement, and each Party will execute and deliver such other documents and instruments
of conveyance, assignment, transfer, assumption and delivery and take such other actions as the other Party reasonably may request
in order to consummate, complete and carry out the transactions contemplated hereby. Except where the responsibility for the expense
is expressly allocated by this Agreement, the expense of complying with any such request shall be borne by the requesting Party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">X.</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><U><A NAME="e22497a_047"></A>CONDITIONS
                                         PRECEDENT TO BUYER&rsquo;S OBLIGATION TO CLOSE</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The
obligations of Buyer to purchase the Line and the Acquired Assets and to proceed with the Closing are subject, at the option of
Buyer, to the satisfaction or waiver at or prior to the Closing of each of the following conditions:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">10.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_048"></A>STB Order</U>. The STB Order shall have been obtained and become final and effective and otherwise be in full force and effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">10.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_049"></A>State Law Change</U>. The State Law Change shall have become effective.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">10.03.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_050"></A>Cincinnati Voter Approval</U>. The Formal Announcement shall have occurred and Cincinnati Voter Approval shall have been obtained
and become effective.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">10.04.&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_051"></A>Representations and Warranties</U>. The representations and warranties of Seller made herein or in any agreement, instrument
or document executed pursuant to this Agreement shall have been true and correct as of the date of this Agreement or as of the
date of such other agreement, instrument or document, as the case may be (except for such representations and warranties that
speak as of an earlier date, which representations and warranties shall have been true and correct as of such earlier date), and
shall be true and correct in all respects (where such representations or warranties contain materiality qualifiers) or in all
material respects (where such representations or warranties do not contain materiality qualifiers), as the case may be, on the
Closing Date as though such representations and warranties were made on and as of the Closing Date (except for such representations
and warranties that speak as of an earlier date, which representations and warranties shall be true and correct in all respects
or in all material respects, as the case may be, as of such earlier date); and Seller shall have performed and complied in all
material respects with all covenants and agreements required by this Agreement to be performed or complied with by Seller on or
prior to the Closing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">10.05.&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_052"></A>Documents at Closing</U>. Seller shall have delivered to Buyer or the Settlement Agent all agreements, instruments and documents
required to be delivered by Seller to Buyer pursuant to Section 3.02.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">10.06.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_053"></A>No Governmental Action or Legal Proceedings</U>. As of the Closing Date, no statute, rule, regulation, order, decree, directive,
writ or judgment shall have been enacted, adopted, issued, promulgated or rendered by any government or by any Governmental Authority
(and not subsequently dismissed, settled, withdrawn or terminated) which would (a) prevent the consummation at Closing of or restrain
or invalidate the transactions contemplated by this Agreement, and by each of the other material agreements and instruments called
for hereunder, (b) materially interfere with or prohibit the continued effectiveness of such agreements and instruments or (c)
prevent, limit, restrict or impair in any material respect the ownership, use or operation of the Acquired Assets by Buyer in
a manner which would have a Material Adverse Effect, which Material Adverse Effect arose after the date of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">XI.</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><U><A NAME="e22497a_054"></A>CONDITIONS
                                         PRECEDENT TO SELLER&rsquo;S OBLIGATION TO CLOSE</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">The
obligations of Seller to sell, transfer, convey and deliver the Acquired Assets and to proceed with the Closing are subject, at
the option of Seller, to the satisfaction or waiver at or prior to the Closing of each of the following conditions:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">11.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_055"></A>STB Order</U>. The STB Order shall have been obtained and become final and effective and otherwise be in full force and effect.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">11.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_056"></A>State Law Change</U>. The State Law Change shall have become effective.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">11.03.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_057"></A>Cincinnati Voter Approval</U>. The Formal Announcement shall have occurred and Cincinnati Voter Approval shall have been obtained
and become effective, provided that, if the State Law Change shall become effective, Seller shall implement the Formal Announcement
in a timely manner that would allow Cincinnati Voter Approval to be a ballot item for an election determined by Seller after consultation
with Buyer.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">11.04.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_058"></A>Representations and Warranties</U>. The representations and warranties of Buyer and CNOTP made herein or in any agreement,
instrument or document called for hereunder shall have been true and correct as of the date of this Agreement or as of the date
of such other agreement, instrument or document, as the case may be (except for such representations and warranties that speak
as of an earlier date, which representations and warranties shall have been true and correct as of such earlier date), and shall
be true and correct in all respects (where such representations or warranties contain materiality qualifiers) or in all material
respects (where such representations or warranties do not contain materiality qualifiers), as the case may be, on the Closing
Date as though such representations and warranties were made on and as of the Closing Date (except for such representations and
warranties that speak as of an earlier date, which representations and warranties shall be true and correct in all respects or
in all material respects, as the case may be, as of such earlier date); and Buyer and CNOTP shall have performed and complied
in all material respects with all covenants and agreements required by this Agreement to be performed or complied with by Buyer
and CNOTP on or prior to the Closing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">11.05.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_059"></A>Documents at Closing</U>. Buyer and its Affiliates shall have delivered to Seller on or before the Closing Date all agreements,
instruments and documents required to be delivered by Buyer to Seller pursuant to Section 3.03.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">11.06.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_060"></A>No Governmental Action or Legal Proceedings</U>. As of the Closing Date, no statute, rule, regulation, order, decree, directive,
writ or judgment shall have been enacted, adopted, issued, promulgated or rendered by any government or by any Governmental Authority
(and not subsequently dismissed, settled, withdrawn or terminated) which would as of the Closing Date (a) prevent the consummation
at Closing of or restrain or invalidate the transactions contemplated by this Agreement, and by each of the other agreements and
instruments called for hereunder, or (b) materially interfere with or prohibit the continued effectiveness of such agreements
and instruments.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">XII.</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><U><A NAME="e22497a_061"></A>RISK
                                         OF LOSS; TERMINATION</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">12.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_062"></A>Risk of Loss</U>. Subject to the limitations hereinafter stated, the risk of loss or damage by fire or other casualty or cause
to the Acquired Assets or any eminent domain proceeding until the Closing shall be upon Buyer. In the event of such loss or damage
prior to the Closing, Buyer shall consummate the Closing and pay the Purchase Price regardless of any casualty event or act of
God or any eminent domain proceeding.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">12.02.&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_063"></A>Termination By Agreement</U>. This Agreement may be terminated at any time prior to the Closing by the mutual written consent
of Seller, Buyer, and CNOTP; and at any time after December 31, 2024, by the mutual written consent of Seller and Buyer.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">12.03.&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_064"></A>Termination By Buyer</U>. This Agreement may be terminated at any time prior to the Closing by Buyer by written notice to Seller
if neither Buyer nor CNOTP is then in material breach of any provision of this Agreement and there has been a material breach
or failure to perform any covenant or agreement made by Seller pursuant to this Agreement that would give rise to the failure
of any of the conditions specified in Articles X or XI and such breach, inaccuracy or failure cannot be cured by Seller by the
Drop Dead Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">12.04.&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_065"></A>Termination by Seller</U>. This Agreement may be terminated at any time prior to the Closing by Seller by written notice to
Buyer if Seller is not then in material breach of any provision of this Agreement and there has been a material breach, inaccuracy
in or failure to perform any representation, warranty, covenant or agreement made by Buyer or CNOTP pursuant to this Agreement
that would give rise to the failure of any of the conditions specified in Articles X or XI and such breach, inaccuracy or failure
cannot be cured by Buyer or CNOTP, as the case may be, by the Drop Dead Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">12.05.&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_066"></A>Other Termination Provisions</U>. In addition to the provisions of Section 12.03 and Section 12.04, this Agreement may be terminated
at any time prior to the Closing by written notice to the other Party as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;by Buyer if the STB issues an order, decision or notice of exemption that would be the STB Order but for failure to satisfy clause
(ii) of that definition, except that, if Buyer does not exercise its rights under this subsection (a) within thirty (30) days
of the issue date of such order, decision or notice of exemption, such order, decision or notice of exemption shall be deemed
to be the STB Order;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;by either Party if Cincinnati Voter Approval is not obtained on or before the Drop Dead Date;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;by Seller if Cincinnati Voter Approval is obtained on or before the Drop Dead Date but the other conditions to Closing (other
than the conditions to be satisfied at the Closing, but subject to their satisfaction or waiver at Closing) to each Party&rsquo;s
obligations under Articles X and XI are not satisfied by July 31, 2026;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;by either Party if any law that makes consummation of the transactions contemplated by this Agreement illegal or otherwise prohibited;
or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;by either Party if any Governmental Authority shall have issued a Governmental Order restraining or enjoining the transactions
contemplated by this Agreement, and such Governmental Order shall have become final and non-appealable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">12.06.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_067"></A>Termination Fee</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If this Agreement is terminated (i) by Buyer pursuant to Section 12.05(a) and at the time of termination there shall not have
been a Cincinnati Voter Rejection or (ii) by Seller pursuant to Section 12.05(c) and, at the time of such termination, all of
the conditions set forth in Article X and Article XI have been satisfied other than Section 10.01 and Section 11.01 and conditions
that by their nature are to be satisfied at the Closing, but that are capable of being satisfied if the Closing were to occur
on the date of such termination, then in each such case Buyer shall pay to Seller, by wire transfer in immediately available funds
to an account specified by Seller, an amount equal to the Termination Fee. The Termination Fee due under this Section 12.06 shall
be paid on the second Business Day immediately following the date of termination of this Agreement as contemplated by this Section
12.06.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The parties each acknowledge that the agreements contained in this Section 12.06 are an integral part of the transactions contemplated
by this Agreement, and that, without these agreements, Seller would not have entered into this Agreement, and that any amounts
payable pursuant to Section 12.06 do not constitute a penalty but constitute payment of liquidated damages and that such liquidated
damages are reasonable in light of the substantial but indeterminate harm anticipated to be caused by Buyer&rsquo;s failure to obtain
the STB Order, the difficulty of proof of loss of damages, the inconvenience and non-feasibility of otherwise obtaining an adequate
remedy, and the value of the transactions to be consummated thereunder. If Buyer does not pay any amount payable pursuant to this
Section 12.06, and Seller commences a suit to obtain such payment, then (i) if such suit results in a judgment against Buyer for
the Termination Fee set forth in this Section 12.06 or any portion of such fee, Buyer shall pay to Seller Seller&rsquo;s costs
and expenses (including reasonable attorneys&rsquo; fees and expenses) in connection with such suit, or (ii) if such suit results
in a judgment in favor of Buyer, Seller shall pay to Buyer Buyer&rsquo;s costs and expenses (including reasonable attorneys&rsquo;
fees and expenses) in connection with such suit.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">12.07.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_068"></A>Effect of Termination</U>. In the event of the termination of this Agreement as provided in this Article XII, this Agreement
shall forthwith become null and void and of no further force or effect, except for provisions that are specifically identified
as intended to survive such termination (including Sections 2.03(a)(i) and 4.01, Section 12.06 (as contemplated therein) and this
Section 12.07). Notwithstanding the foregoing, nothing herein shall relieve any Party hereto from liability for any fraud or any
intentional and material breach of any provision hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">XIII.</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><U><A NAME="e22497a_069"></A>SURVIVAL;
                                         INDEMNIFICATION</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">13.01.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_070"></A>Survival of Warranties and Covenants; Limitations; Exclusive Remedy</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All representations and warranties made the Parties in this Agreement shall survive the execution and delivery of this Agreement
and the Closing and shall remain operative and in full force and effect for a period of eighteen (18) months following the Closing
Date, except the representations and warranties in Section 6.01, Section 7.01 and Section 8.01 shall survive for 10 years, provided
that the foregoing time limits shall not limit any Claim based on fraud.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All covenants made by the Parties in this Agreement or pursuant hereto which by their terms are specifically intended to be performed
(i) at or prior to Closing are terminated at Closing except that liability for any pre-Closing breach of Sections 5.02, 5.03,
5.04, 5.08 and 5.09 shall survive the Closing and (ii) from and after the Closing shall survive the Closing until fully performed;
provided, however, that the foregoing time limits shall not limit any Claim based on fraud.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">13.02.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_071"></A>Indemnification by Buyer</U>. Subject to the limitations, conditions and provisions of this Article XIII and the Operative
Documents, Buyer and CNOTP shall jointly and severally indemnify, defend and hold harmless Seller, its Affiliates and their respective
officials, directors, officers, employees and agents from, against and with respect to all Claims asserted against, imposed upon
or incurred directly or indirectly by Seller, by reason of, or resulting from, or in connection with (a) any breach of any representation
or warranty of Buyer or CNOTP contained in this Agreement or the Operative Documents; (b) any noncompliance by Buyer or CNOTP
with any covenants, agreements or undertakings of Buyer or CNOTP contained in this Agreement; (c) the ownership, use and operation
of the Acquired Assets by Buyer after Closing; (d) use of the East Peavine Line for purposes other than railroad purposes; (e)
the donation of the Peavine Line to, or use of the Peavine Line by, the State of Ohio; and (f) the Assumed Obligations.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">13.03.&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_072"></A>Conditions of Indemnification</U>. The obligations and liabilities of Buyer with respect to its indemnities pursuant to this
Article XIII, resulting from any claim or other assertion of liability by third parties (hereinafter called collectively, &ldquo;Third
Party Claims&rdquo;), shall be subject to the following terms and conditions:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Seller must give Buyer written notice of any such Claim within ninety (90) days after Seller receives notice thereof, but failure
to give notice in such period shall only relieve Buyer of its indemnity obligations if and to the extent the delay materially
prejudices the defense of such Claim.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buyer shall have the right to promptly undertake, without conditions or reservation of rights, by counsel or other representatives
of its own choosing and reasonably acceptable to Seller, the defense of such Claim at Buyer&rsquo;s cost and risk.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In the event that Buyer shall elect not to undertake such defense, or within a reasonable time after notice of any such Claim
from Seller shall fail to defend, Seller (upon further written notice to Buyer) shall have the right on behalf of and for the
account and risk of Buyer to undertake the defense, compromise or settlement of such Claim by counsel or other representatives
of Seller&rsquo;s own choosing. In such event, Buyer shall pay to Seller, in addition to any other sums required to be paid hereunder,
the costs and expenses incurred by Seller in connection with such defense, compromise or settlement as and when such costs and
expenses are so incurred.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Anything in this Section 13.03 to the contrary notwithstanding, (i) if there is a reasonable probability that a Claim may materially
and adversely affect Seller, Seller shall have the right, at its own cost and expense, to participate in the defense, compromise
or settlement of the Claim, (ii) Buyer shall not, without Seller&rsquo;s written consent (such consent not to be unreasonably
withheld, conditioned or delayed), settle or compromise any Claim or consent to entry of any judgment which does not include as
an unconditional term thereof the giving by the claimant or the plaintiff to Seller a release from all liability in respect of
such Claim in a form reasonably satisfactory to Seller, (iii) in the event that Buyer undertakes defense of any Claim, Seller,
by counsel or other representative of its own choosing and at its sole cost and expense, shall have the right to consult with
Buyer and its counsel or other representatives concerning such Claim, and Buyer and Seller and their respective counsel or other
representatives shall reasonably cooperate with respect to such Claim, and (iv) in the event that Buyer undertakes defense of
any Claim, Buyer shall have an obligation to keep Seller informed of the status of the defense of such Claim and furnish Seller
with all documents, instruments and information that Seller shall reasonably request in connection therewith. Notwithstanding
the foregoing, in the event Buyer undertakes the defense of any Claim, Seller shall have the right to employ its own counsel at
Buyer&rsquo;s expense if Seller shall have reasonably concluded and specifically notified Buyer that there may be one or more
specific defenses available to it which are different from or additional to those available to Buyer or there otherwise exists
a conflict of interest between Seller and Buyer.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">13.04.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_073"></A>Other Indemnity Matters</U>. The indemnities contained in Section 13.02 shall be continuing (except that as to representations
and warranties, the indemnity shall expire on the date the relevant representation and warranty ceases to survive pursuant to
Section 13.01(a)); provided, however, that with respect to any claim for indemnification for which notice has been given to Buyer
within the period that the relevant representation and warranty survives, the indemnification period shall be extended until the
final resolution of such claim.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0; font: 10pt Times New Roman, Times, Serif"></TD><TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">XIV.</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt"><U><A NAME="e22497a_074"></A>MISCELLANEOUS</U></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">14.01.&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_075"></A>Brokers</U>. Each Party represents and warrants to the other Party that it has not incurred any liability to any broker, finder
or agent for any brokerage fees or commissions or finders&rsquo; fees or commissions with respect to the transactions contemplated
by this Agreement that would be a direct or indirect obligation of the other Party.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">14.02.&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_076"></A>Expenses</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Buyer shall pay all costs associated with regulatory approvals, closing costs, including recording costs, deed taxes, sales taxes,
title company costs and transfer taxes, together with fees incidental to the transfer of the Acquired Assets.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except as otherwise expressly provided herein, each Party shall pay its own expenses incident to this Agreement and the transactions
contemplated hereunder, including all legal and accounting fees and disbursements, regulatory filing fees and costs of obtaining
necessary consents.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">14.03.&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_077"></A>Waiver</U>. No delay or failure on the part of any Party in exercising any right, power or privilege under this Agreement,
or under any other agreements or instruments given in connection with or pursuant to this Agreement shall impair any such right,
power or privilege or be construed as a waiver of default or any acquiescence therein.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">14.04.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_078"></A>Successors and Assigns</U>. This Agreement shall be binding upon, and inure to the benefit of, the respective successors and
permitted assigns of the Parties.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">14.05.&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_079"></A>Assignment</U>. None of the Parties shall assign this Agreement, in whole or in part, whether by operation of law or otherwise,
without the prior written consent of each Party, except that Buyer may assign this Agreement (but not its obligations), without
Seller&rsquo;s consent but with written notice to Seller, solely to a qualified intermediary, as defined by Treasury Regulation
Section 1.1031(k)-1(g)(4), to facilitate a tax-deferred exchange pursuant to Section 1031 of the Code; <I>provided that</I> in
any such case Buyer takes title to all of the Acquired Assets at Closing. Seller agrees to reasonably cooperate with Buyer or
CNOTP in performing such a tax-deferred exchange at the cost and expense of Buyer.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">14.06.&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_080"></A>Notices</U>. All notices, demands, requests, or other communications which may be or are required to be given, served, or sent
by any Party or CNOTP to any other Party or CNOTP pursuant to this Agreement shall be in writing and shall be mailed by a recognized
overnight courier service, by first-class, registered or certified mail, return receipt requested, postage prepaid, or transmitted
by hand delivery or electronic communication addressed as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If to Seller:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">Board
of Trustees of the Cincinnati Southern Railway</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">c/o
City of Cincinnati Law Department</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">801
Plum Street, Suite 214</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">Cincinnati,
OH 45202</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">Attention:
City Solicitor</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">Email:
Emily.Woerner@cincinnati-oh.gov</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">with
a copy to:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">City
of Cincinnati Law Department</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">801
Plum Street, Suite 214</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">Cincinnati,
OH 45202</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">Attention:
Kaitlyn Geiger</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">Email:
Kaitlyn.Geiger@cincinnati-oh.gov</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">Stinson
LLP</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">50 South
Sixth Street, Suite 2600</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">Minneapolis,
MN 55402</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">Attention:
James Bertrand</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">Email:
James.Bertrand@stinson.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If to Buyer or CNOTP:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">c/o
Norfolk Southern Corporation</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">650
West Peachtree Street NW</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">Atlanta,
GA 30308</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">Attention:
Senior Vice President &amp; Chief Strategy Officer</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: justify"><FONT STYLE="font-size: 10pt">Email:&#9;Michael.McClellan@nscorp.com</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">Buyer,
Seller or CNOTP may designate by notice in writing a new address to which any notice, demand, request or communication may
thereafter be so given, served or sent. Each notice, demand, request or communication shall be deemed sufficiently given,
served, sent and received for all purposes (a) at such time as it is delivered to the addressee (with the return receipt, the
delivery receipt or the affidavit of messenger being deemed conclusive, but not exclusive, evidence of such delivery) or at
such time as delivery is refused by the addressee upon presentation, or (b) on the day transmitted by electronic mail (with
written confirmation of transmission), if sent before </FONT>5:00 p.m. Eastern Time on a Business Day, otherwise on the next
Business Day following transmission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">14.07.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_081"></A>Press Releases</U>. Buyer and Seller shall consult with one another with regard to all press releases issued or publicity at
or prior to Closing concerning the transactions contemplated by this Agreement except as necessary as a result of public disclosure
requirements under applicable laws or the applicable rules and regulations of any Governmental Authority or stock exchange. None
of Buyer, CNOTP, or Seller or any of their respective Affiliates shall issue prior to Closing any such press releases or publicity
without the prior written consent of the other Parties.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">14.08.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_082"></A>Entire Agreement</U>. The Operative Documents and this Agreement, including the Exhibits hereto and other instruments and documents
referred to herein or delivered pursuant hereto or in connection herewith represent the entire understanding of the Parties, supersede
all prior oral or written memoranda and agreements and understandings between the Parties with respect to the subjects herein,
and may not be supplemented or amended, except by a written instrument executed by and delivered to each of the Parties designating
specifically the terms and provisions so supplemented and amended.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">14.09.&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_083"></A>Headings</U>. Article, section and subsection headings contained in this Agreement are inserted for convenience of reference
only, shall not be deemed to be a part of this Agreement for any purpose, and shall not in any way define or affect the meaning,
construction or scope of any of the provisions hereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">14.10.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_084"></A>Conflicting Terms</U>. In the event that any of the terms or provisions of this Agreement violate, conflict with or are inconsistent
with any of the terms or provisions of any of the other agreements, documents and instruments referred to herein or delivered
pursuant hereto or in connection therewith, the terms and provisions of this Agreement shall govern and control for all purposes
thereunder and hereunder.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">14.11.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_085"></A>Limitation on Benefits</U>. Nothing herein is intended to be for the benefit of any Person other than the Parties and, where
expressly set forth herein, the other Public Party. It is the explicit intention of the Parties that no Person other than the
Parties is or shall be entitled to bring any action to enforce any provision of this Agreement against any of the Parties, and
the assumptions, indemnities, covenants, undertakings and agreements set forth in this Agreement, and all other documents or instruments
called for hereunder shall be solely for the benefit of, and shall be enforceable only by, the Parties or their respective successors,
legal representatives and assigns as permitted hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">14.12.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_086"></A>Severability</U>. If any clause or provision of this Agreement, or the performance of any action related thereto, at the time
such fulfillment or performance shall be due, shall be deemed by a court of competent jurisdiction to be unlawful or otherwise
invalid or unenforceable, or to exceed the limit of validity prescribed by law, then the obligation to be fulfilled or performed
shall be reduced to the limit of such validity; and if any clause or provision contained in this Agreement operates or would operate
prospectively to invalidate any agreement, in whole or in part, then such clause or provision only shall be held ineffective,
as though not herein or therein contained, and the remainder of this Agreement shall remain operative and in full force and effect.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">14.13.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_087"></A>Execution</U>. To facilitate execution, this Agreement may be executed in as many counterparts as may be required; and it shall
not be necessary that the signatures of, or on behalf of, each Party, or the signatures of all Persons required to bind any Party,
appear on each counterpart; but it shall be sufficient that the signature of, or on behalf of, each Party, or the signatures of
the Persons required to bind any Party, appear on one or more of the counterparts. All counterparts shall collectively constitute
a single agreement. It shall not be necessary in making proof of this Agreement to produce or account for any particular number
of counterparts; but rather any number of counterparts shall be sufficient so long as those counterparts contain the respective
signatures of, or on behalf of, all of the Parties. This Agreement and any signed agreement or instrument entered into in connection
with this Agreement, and any amendments hereto or thereto (in each case other than each Deed or any other documents that must
be in recordable form), to the extent delivered by means of a facsimile, email or electronic .pdf transmission shall be treated
in all manner and respects as an original agreement or instrument and shall be considered to have the same binding legal effect
as if it were the original signed version thereof delivered in person.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">14.14.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_088"></A>Governing Law; Jurisdiction</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Agreement, and all claims or causes of action (whether in contract, tort or statute) that may be based upon, arise out of
or relate to this Agreement, or the negotiation, execution or performance of this Agreement (including any claim or cause of action
based upon, arising out of or related to any representation or warranty made in or in connection with this Agreement or as an
inducement to enter into this Agreement), shall be governed by, and enforced in accordance with, the internal laws of the State
of Ohio, including its statutes of limitations, without regard to any borrowing statute that would result in the application of
the statute of limitations of any other jurisdiction. <B>ALL ACTIONS AND PROCEEDINGS ARISING OUT OF OR RELATING TO THIS AGREEMENT
SHALL BE HEARD AND DETERMINED IN A STATE OR FEDERAL COURT IN THE STATE OF OHIO, AND THE PARTIES HEREBY IRREVOCABLY SUBMIT TO THE
JURISDICTION OF SUCH COURTS IN ANY SUCH ACTION OR PROCEEDING AND IRREVOCABLY WAIVE THE DEFENSE OF AN INCONVENIENT FORUM TO THE
MAINTENANCE OF ANY SUCH ACTION OR PROCEEDING.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each of the Parties hereby waives to the fullest extent permitted by applicable law any right it may have to a trial by jury with
respect to any litigation directly or indirectly arising out of, under or in connection with this Agreement or the transactions
contemplated hereby. Each of the Parties (i) certifies that no representative, agent or attorney of any other Party has represented,
expressly or otherwise, that such other Party would not, in the event of litigation, seek to enforce that foregoing waiver and
(ii) acknowledges that it and the other Party have been induced to enter into this Agreement and the transactions contemplated
hereby, as applicable, by, among other things, the mutual waivers and certifications in this Section 14.14.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 1in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">14.15.&nbsp;&nbsp;&nbsp;&nbsp;
<U><A NAME="e22497a_089"></A>Specific Performance</U>. The Parties agree that irreparable damage would occur in the event that any provisions of this Agreement
were not performed in accordance with their specific terms. It is accordingly agreed that the Parties shall be entitled to an
injunction or injunctions to enforce specifically the performance of this Agreement in accordance with its terms. The foregoing
is in addition to, and not in lieu of, any other rights a Party may have in respect of a breach of this Agreement, whether at
law or in equity.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 10pt">[Signatures on
next pages.]</FONT></P>




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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">IN WITNESS WHEREOF,
each of the Parties has executed this Agreement or has caused this Agreement to be duly executed on its behalf, as of the day
and year first above written.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">BOARD
    OF TRUSTEES OF THE CINCINNATI SOUTHERN RAILWAY</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">By:/s/ Paul V.
    Muething</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Paul V. Muething, President</FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">[Signature Page
to Asset Purchase and Sale Agreement]</FONT></P>



<P STYLE="margin-top: 0; margin-bottom: 0"></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3in; text-align: justify"></P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: left"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">NORFOLK SOUTHERN RAILWAY COMPANY</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 47%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">By:</FONT>&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Mark R. George</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Mark R. George</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Vice President &amp; Chief Financial Officer</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">THE CINCINNATI, NEW ORLEANS AND TEXAS PACIFIC RAILWAY COMPANY</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Mark R. George</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Mark R. George</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Vice President</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>






<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.25in; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.25in; text-align: right"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 10pt">[Signature Page
to Asset Purchase and Sale Agreement]</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.25in; text-align: right"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.25in; text-align: right"></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.25in; text-align: right"><FONT STYLE="font-size: 10pt">Schedule
2.01(ii)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.25in; text-align: right"><FONT STYLE="font-size: 10pt">Line
Agreements</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 3.25in; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">None.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">[Signature Page
to Asset Purchase and Sale Agreement]</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"></P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 50%; border: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Document</B></FONT></TD>
    <TD STYLE="width: 50%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit
    Reference</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">Real
    Property Description</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">A</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">Map</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">A-1</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">Excluded
    Assets</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">B</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">Deeds</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">C</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">Form
    of Deed &ndash; Ohio</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">C-1</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">Form
    of Deed - Kentucky</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">C-2</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">Form
    of Deed - Tennessee</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">C-3</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">Form
    of Bill of Sale</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">D</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: left"><FONT STYLE="font-size: 10pt">Form
    of Assignment and Assumption Agreement</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">E</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">Form
    of Termination of Existing Lease</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">F</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">East
    Peavine Line</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">G</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">Seller
    Officer&rsquo;s Certificate</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">H</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">Buyer
    Officer&rsquo;s Certificate</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">I</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; padding-left: 5.75pt; text-align: justify"><FONT STYLE="font-size: 10pt">Certificate
    of Incumbency</FONT></TD>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: right"><FONT STYLE="font-size: 10pt">EXHIBIT
10.1</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; text-align: center">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: center"><FONT STYLE="font-size: 10pt; background-color: white"><B></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: center"><FONT STYLE="font-size: 10pt; background-color: white"><B>NORFOLK
SOUTHERN</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: center"><FONT STYLE="font-size: 10pt; background-color: white"><B>EXECUTIVE
SEVERANCE PLAN</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>1.&nbsp;<U>Introduction</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>1.1.</B>&nbsp;<B>Purpose.</B>&nbsp;The
purpose of the Plan is to ensure that the Company will have the continued dedication of its key employees by providing severance
protection to selected individuals. The Plan is intended to be an unfunded welfare plan maintained primarily for the purpose of
providing severance benefits to a select group of key management employees.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>1.2.</B>&nbsp;<B>Effective
Date.</B>&nbsp;The Plan is effective as of May 14, 2020, and was amended effective July 28, 2020, to clarify the application of
Section 409A to certain benefits under the Plan, and again effective November 17, 2022 to clarify the definition of Eligible Employee
and the process for calculating payment of stock options hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>2.&nbsp;<U>Definitions
and Construction</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>2.1.</B>&nbsp;<B>Definitions.</B>&nbsp;When
used in capitalized form in the Plan, the following words and phrases have the following meanings, unless the context clearly
indicates that a different meaning is intended:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(a)</B>&nbsp;<I>&ldquo;<B>Administrator</B></I>&rdquo;
means the Compensation Committee.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(b)</B>&nbsp;&ldquo;<B><I>Board</I></B>&rdquo;
means the Board of Directors of Norfolk Southern Corporation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(c)</B>&nbsp;&ldquo;<B><I>Cause</I></B>&rdquo;
has the meaning provided in Section 4.4(c).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(d)</B>&nbsp;&ldquo;<B><I>Claim
Reviewer</I></B>&rdquo; means a person or entity designated in writing by the Administrator as the Claim Reviewer for this Plan.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(e)</B>&nbsp;&ldquo;<B><I>Closing
Price</I></B>&rdquo; means the closing price per share of the Company&rsquo;s stock or equivalent on the New York Stock Exchange
(or if unavailable, on another U.S. stock exchange) on the date of the Qualifying Termination, or, if a stock is not traded on
the date of the Qualifying Termination, on the most recent trading day immediately preceding such date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white">(f)
&ldquo;<B><I>Code</I></B>&rdquo; means the Internal Revenue Code of 1986, as amended.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(g)&nbsp;</B>&ldquo;<B><I>Company</I></B>&rdquo;
means Norfolk Southern Corporation.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(h)</B>&nbsp;&ldquo;<B><I>Compensation
Committee</I></B>&rdquo; means the Compensation Committee of the Board.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(i)</B>&nbsp;&ldquo;<B><I>Eligible
Employee</I></B>&rdquo; means any employee of the Company who, on the date of a Qualifying Termination, is either: (1) employed
at or above the level of Executive Vice President, or (2) employed at the level of Senior Vice President but only if the Board
or its designee has designated such Participant as eligible to participate in the Plan. Notwithstanding the foregoing, employees
who reach mandatory retirement age shall not be eligible to participate in the Plan.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(j)</B>&nbsp;&ldquo;<B><I>Entity</I></B>&rdquo;
means a corporation, partnership, limited liability company or other entity.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(k)</B>&nbsp;&ldquo;<B><I>ERISA</I></B>&rdquo;
means the Employee Retirement Income Security Act of 1974, as amended.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(l)</B>&nbsp;&ldquo;<B><I>Good
Reason</I></B>&rdquo; has the meaning provided in Section 4.4(b).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(m)</B>&nbsp;&ldquo;<B><I>Participant</I></B>&rdquo;
means an Eligible Employee who participates in the Plan under Section 3.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(n)</B>&nbsp;&ldquo;<B><I>Plan</I></B>&rdquo;
means the Norfolk Southern Executive Severance Plan as set forth in this document.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(o)</B>&nbsp;&ldquo;<B><I>Qualifying
Termination</I></B>&rdquo; has the meaning provided in Section 4.4(a).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(p)</B>&nbsp;&ldquo;<B><I>Section
409A</I></B>&rdquo; means section 409A of the Code.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(q)</B>&nbsp;&ldquo;<B><I>Severance
Benefit</I></B>&rdquo; has the meaning provided in Section 4.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>2.2.</B>&nbsp;<B>Gender
and Number.</B>&nbsp;Words used in the masculine gender in the Plan are intended to include the feminine and neuter genders, where
appropriate. Words used in the singular form in the Plan are intended to include the plural form, where appropriate, and vice
versa.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>2.3.</B>&nbsp;<B>Section
409A.</B>&nbsp;Payments under the Plan are intended to be exempt from, or comply with, Section 409A, and the Plan will be interpreted
to achieve this result. However, in no event is the Company responsible for any tax or penalty owed by a Participant with respect
to the payments under the Plan.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>3.&nbsp;<U>Participation.</U>&nbsp;</B>An
Eligible Employee of the Company shall become a Participant in the Plan on the date on which the Company adopts the Plan or the date
the Eligible Employee is employed at the level of Executive Vice President, whichever is later. An employee who is employed at the level
of Senior Vice President shall become a Participant on the date the Board designates that he or she is eligible.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>4.&nbsp;<U>Severance
Benefits</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>4.1.</B>&nbsp;<B>Cash
Severance Benefits.</B>&nbsp;A Participant who has a Qualifying Termination is eligible for a Severance Benefit in the amount
described in subsection (a). The Severance Benefit shall be paid in the time and form specified in Section 4.3 and shall be conditioned
upon the Participant&rsquo;s timely execution of a release as provided in Section 6 and such release becoming irrevocable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(a)
Amount.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(1)</B>&nbsp;<B>Base
Salary.</B>&nbsp;The Participant&rsquo;s Severance Benefit includes an amount equal to two times (2) the Participant&rsquo;s base
salary, at the rate in effect immediately prior to the Participant&rsquo;s Qualifying Termination. Notwithstanding the foregoing,
in the event the Participant experienced a material reduction in base salary prior to his or her Qualifying Termination that would
give rise to a Good Reason, then the base salary rate used in the preceding sentence shall, if greater, be the rate in effect
immediately prior to such material reduction in base salary.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(2)</B>&nbsp;<B>Bonus
Award.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white">(i)
The Participant&rsquo;s Severance Benefit includes an amount equal to the Participant&rsquo;s total salary paid up to the date
of the Qualifying Termination during the incentive year in which the Qualifying Termination occurs multiplied by the Participant&rsquo;s
bonus level multiplied by the payout percentage for the Corporate Performance Factor accrued on the books of the Company as of
the quarter coincident with or immediately preceding the quarter in which the Qualifying Termination occurs. Notwithstanding the
foregoing, for a Participant whose Qualifying Termination occurs in the first quarter of the calendar year, the Participant&rsquo;s
Severance Benefit shall include an amount equal to the Participant&rsquo;s total salary paid up to the date of the Qualifying
Termination during the incentive year in which the Qualifying Termination occurs multiplied by the Participant&rsquo;s bonus level
multiplied by the payout percentage for the Corporate Performance Factor as budgeted for the incentive year.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white">(ii)
Notwithstanding the foregoing, for Participants who are eligible to retire, the date of the Qualifying Termination shall be established
as the last day of a month so that they can retire under the terms of the Retirement Plan of Norfolk Southern Corporation and
Participating Subsidiary Companies and consequently be eligible for a bonus award in accordance with the terms of the Executive
Management Incentive Plan. Such Participants shall not be eligible for an amount described under the previous paragraph. In addition,
Participants who are eligible for a bonus award in accordance with the terms of the Executive Management Incentive Plan for reasons
other than retirement shall receive a bonus award under the terms of that plan and shall not be eligible for an amount described
under the previous paragraph.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(3)
Outplacement Services.</B>&nbsp;The Participant shall be entitled to a lump sum of $30,000 for outplacement services.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(4)
Health Coverage.</B>&nbsp;The Participant shall be entitled to a lump sum of $36,000 for health coverage.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>4.2.</B>&nbsp;<B>Equity
Awards</B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(a)</B>&nbsp;<B>In
General.</B>&nbsp;Provided that the Participant timely executes a release as provided in Section 6 and such release becomes irrevocable,
then notwithstanding anything in the applicable stock incentive plan and/or award agreement to the contrary, upon a Participant&rsquo;s
Qualifying Termination, the Participant&rsquo;s restricted stock unit awards will be paid in cash using the Closing Price. The
Participant&rsquo;s stock options will be paid in cash to the extent (i) such stock options remain outstanding, and (ii) the option
exercise price for any particular stock option grant made to the Participant exceeds the Closing Price, in which case the amount
payable for each qualifying stock option grant will be calculated by subtracting the applicable option exercise price from the
Closing Price, and, provided such amount is greater than zero, multiplying such amount by the number of option shares with such
exercise price. Furthermore, provided that the Participant timely executes a release as provided in Section 6 and such release
becomes irrevocable, then the Participant shall be entitled to the pro-rata value of Performance Share Units, paid in cash upon
the Participant&rsquo;s Qualifying Termination, in accordance with the following formula: For each</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt"><FONT STYLE="font-size: 10pt; background-color: white">Performance
Share Unit award, the number of units granted shall be multiplied by the total earnout percentage as reflected on the books of
the company for the prior quarter, multiplied by a fraction, the numerator of which is the number of months worked in the 3-year
award period and the denominator of which is 36 and using the Closing Price. If a Participant is entitled to continued or accelerated
vesting of stock options, continued vesting of restricted stock units, or payout of performance share units based on the full
performance period in accordance with the terms of the Norfolk Southern Long-Term Incentive Plan, then the terms of the awards
under the Norfolk Southern Long-Term Incentive Plan shall govern and the Participant shall not be entitled to the payout of equity
awards under this section 4.2(a).</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white">(b)&nbsp;<B>Participants
Eligible to Retire.&nbsp;</B>Notwithstanding section 4.2(a), for a Participant who is eligible to retire, and who properly executes
a release as provided in Section 6 and such release becomes irrevocable, then the date of the Qualifying Termination shall be
established as the last day of a month so that the Participant can retire under the terms of the Retirement Plan of Norfolk Southern
Corporation and Participating Subsidiary Companies. Thereafter, provided that the Participant properly applies for retirement
pursuant to the Retirement Plan, the Participant shall be entitled to treatment of long-term incentive awards as provided upon
retirement in accordance with the terms of such awards (including under the terms of the applicable award agreements as well as
under the Norfolk Southern Long-Term Incentive Plan). A Participant who is eligible to retire as described in this section 4.2(b)
shall not be entitled to the payout of equity awards as described under section 4.2(a) of this Plan.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 49.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>4.3.</B>&nbsp;<B>Time
and Form of Payment.</B>&nbsp;If a Participant is entitled to a Severance Benefit, the Severance Benefit and any benefit payable
under Sections 4.1 or 4.2(a) will be paid as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 49.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(a)</B>&nbsp;<B>In
General.</B>&nbsp;Except as otherwise provided below, the Participant&rsquo;s Severance Benefit and any benefit payable under
Sections 4.1 or 4.2(a) will be paid in a lump sum within thirty days following the expiration of the 7-day rescission period unless
a delay is required by subsection (b)(2) or (b)(3) below.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 49.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(b)</B>&nbsp;<B>Time
of Payment under Section 409A.</B>&nbsp;To comply with Section 409A of the Code:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; background-color: white"><B>(1)</B>&nbsp;Any
payment under the Plan that is subject to Section 409A and that is contingent on a termination of employment is contingent on
a &ldquo;separation from service&rdquo; within the meaning of Section 409A.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; background-color: white"><B>(2)</B>&nbsp;If,
upon separation from service, the Participant is a &ldquo;specified employee&rdquo; within the meaning of Section 409A, any payment
under the Plan that is subject to Section 409A and would otherwise be paid within six months after the Participant&rsquo;s separation
from service will instead be paid in the seventh month following the Participant&rsquo;s separation from service.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.5in"><FONT STYLE="font-size: 10pt; background-color: white"><B>(3)&nbsp;</B>If
the payment or distribution of any amount or award as provided in Section 4.3(a) would violate Section 409A of the Code, then
if the Participant timely executes a release as provided in Section 6 and such release becomes irrevocable, the amount or award
will be paid at the earliest possible time it can be paid without violating Section 409A of the Code.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>4.4.
Qualifying Termination.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(a)</B>&nbsp;A
Participant has a Qualifying Termination if his or her employment with the Company is terminated:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(1)</B>&nbsp;by
the Participant for Good Reason; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(2)</B>&nbsp;by
the Company for any reason other than for Cause or for disability under the Company&rsquo;s long-term disability plan.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(b)</B>&nbsp;<B>Good
Reason.&nbsp;</B>&ldquo;Good Reason&rdquo; means the existence or occurrence of one or more of the following conditions or events
without the Participant&rsquo;s prior written consent: (i) a material reduction of the Participant&rsquo;s base salary or target
bonus opportunity (other than as part of an across-the-board, proportional salary reduction applicable to all officers employed
at the level of Executive Vice President); (ii) a sustained and material reduction in the Participant&rsquo;s job title or responsibilities,
it being agreed that &ldquo;Good Reason&rdquo; shall not exist solely because the Company reorganizes one or more units of its
business, its functional organization, or its reporting relationships; or (iii) a material breach by the Company of any term of
the Participant&rsquo;s written employment agreement with the Company or of the Participant&rsquo;s other agreements with the
Company, if any; provided, however, that, in each case under sub-clauses (i) to (iii) above, any termination of employment by
the Participant will be for &ldquo;Good Reason&rdquo; only if: (1) the Participant gives the Company written notice, within ninety
(90) days following the first occurrence of the condition(s) that the Participant believes constitute(s) &ldquo;Good Reason,&rdquo;
which notice shall describe such condition(s); (2) the Company fails to remedy such condition(s) within thirty (30) days following
receipt of the written notice (such 30-day period, the &ldquo;Company Cure Period&rdquo;); and (3) the Participant voluntarily
terminates the Participant&rsquo;s employment with the Company within thirty (30) days following the end of the Company Cure Period.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(c)</B>&nbsp;<B>Cause.</B>&nbsp;&ldquo;Cause&rdquo;
means, with respect to a Participant, the occurrence of any of the following events, as reasonably determined by the Administrator
in its discretion: (i) the Participant&rsquo;s conviction of, or plea of nolo contendere to, any felony (other than a vehicular-related
felony); (ii) the Participant&rsquo;s commission of, or participation in, intentional acts of fraud or dishonesty that in either
case results in material harm to the reputation or business of the Company; (iii) the Participant&rsquo;s intentional, material
violation of any term of the Participant&rsquo;s employment agreement with the Company or any other contract or agreement between
the Participant and the Company, if any, or any statutory duty the Participant owes to the Company that in either case results
in material harm to the business of the Company; (iv) the Participant&rsquo;s conduct that constitutes gross insubordination or
habitual neglect of duties and that in either case results in material harm to the business of the Company; (v) the Participant&rsquo;s
intentional, material refusal to follow the lawful directions of the Board of Directors, Norfolk Southern&rsquo;s Chief Executive
Officer, or his or her direct manager (other than as a result of physical or mental illness); or (vi) the Participant&rsquo;s
intentional, material failure to follow, or intentional conduct that violates (or would have violated, if such conduct occurred
within ten (10) years prior to the date the Participant entered this Agreement and has not been previously disclosed to the Company),
the Company&rsquo;s written policies that are generally applicable to all employees or all officers of the Company and that results
in material harm to the reputation or business of the Company; provided, however, (1) that willful bad faith disregard will be
deemed to constitute intentionality for purposes of this definition and (2) that, in each case under sub-clauses (i) through (vi)
above, any termination of employment by the Company will be for &ldquo;Cause&rdquo; only if: (1) the Company gives the Participant
written notice, within ninety (90) days following the date on which the Company first becomes aware of the action or conduct that
it alleges constitutes Cause (or, in the case of clauses (ii), (iii), or (vi), when the Company first becomes aware that the action
or conduct has resulted in material harm to the reputation or business of the Company), which notice shall describe such action
or conduct; (2) in the case of clauses (iii) through (vi), except in circumstances where the Participant&rsquo;s actions are deemed
by the Company not subject to cure, the Participant fails to remedy such condition(s) within thirty (30) days following receipt
of the written notice (such 30-day period, the &ldquo;Employee Cure Period&rdquo;); and (3) except if a reasonable period is needed
to investigate the conduct at issue in (vi) (which investigation, for the avoidance of doubt, shall not constitute Good Reason),
the Company terminates the Participant&rsquo;s employment within thirty (30) days following the end of the Employee Cure Period
(or, in the case of clauses (i) and (ii), the Company terminates the Participant&rsquo;s employment within sixty (60) days following
the Participant&rsquo;s receipt of the written notice).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>5.&nbsp;<U>Covenants</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>5.1.</B>&nbsp;<B>Generally.</B>&nbsp;In
consideration for the benefits provided under the Plan, each Participant will agree to the covenants as set forth in the release
described in section 6, which shall include the items set forth in sections 5.2 through 5.5.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>5.2.</B>&nbsp;<B>Non-disparagement.</B>&nbsp;The
Participant will at no time make any derogatory, misleading or otherwise negative statement about the actions, performance or
behavior of the Company or its officers, directors, employees and agents.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>5.3.</B>&nbsp;<B>Cooperation.</B>&nbsp;The
Participant will cooperate with the Company in order to ensure an orderly transfer of his or her duties and responsibilities.
In addition, the Participant will at all times, both before and after termination of</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt"><FONT STYLE="font-size: 10pt; background-color: white">employment,
(a) provide reasonable cooperation in connection with any action or proceeding (or any appeal from any action or proceeding) that
relates to events occurring during the Participant&rsquo;s employment hereunder, provided that such cooperation does not materially
interfere with the Participant&rsquo;s then current employment, and (b) cooperate with the Company in executing and delivering
documents requested by the Company, and taking any other actions, that are necessary or requested by the Company to assist the
Company in patenting, copyrighting, or registering any programs, ideas, inventions, discoveries, patented or copyrighted material,
or trademarks, and to vest title thereto in the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>5.4.
Confidentiality and Non-Compete.</B>&nbsp;The Participant covenants and agrees that any confidential or proprietary information
and any corporate policies, procedures and documents acquired during his or her employment with the Company is the exclusive property
of the Company. The Participant acknowledges that he or she has no ownership interest or right of any kind to said property. Except
as otherwise required by law, the Participant agrees that he or she will not use or directly or indirectly, disclose or divulge
to any unauthorized party for his or her own benefit or to the detriment of the Company, any such information that was acquired
during his or her employment with the Company, whether or not developed or compiled by the Company and whether or not the Participant
was authorized to have access to such information. The Participant covenants that he or she has returned all such information
to the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white">The
Participant further covenants that he or she will not seek or accept employment with a direct competitor of the Company for one
(1) year from date of Qualifying Termination, unless Participant seeks, and is granted, a waiver from the Chief Executive Officer
of the Company. The Participant will not disclose any trade secrets, customer lists, vendor and contractor rates, designs, information
regarding product development, names of vendors and contractors, phone numbers or contact information of vendors and contractors,
operating plans, strategic plans, marketing plans, sales plans, projected acquisitions or dispositions of properties, assets,
or management agreements, management information (including data and other information relating to members of the Board and management),
operating policies or manuals, business plans, purchasing agreements, financial records, or other financial, commercial, business
or technical information relating to Company or information designated as confidential or proprietary that Company may receive
belonging to suppliers, customers, or others who do business with Company. Notwithstanding the foregoing, this Release does not
prohibit the Participant from: (i) providing truthful testimony in response to compulsory legal process; (ii) participating in
any government investigation; (iii) providing truthful statements in conjunction with any claim permitted to be brought by the
employee; or (iv) providing information to the extent required by an order of a court having competent jurisdiction or under subpoena
from an appropriate government agency.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>5.5.</B>&nbsp;<B>Recoupment.</B>&nbsp;If
the Participant breaches any of the covenants set forth in this Section 5, as specified in the release, then the Participant will
be obligated to repay to the Company all benefits previously paid to, or on behalf of, the Participant under the Plan. Any payment
to a Participant under this Plan is subject to reduction, forfeiture, or recoupment to the extent provided under Section 304 of
the Sarbanes-Oxley Act of 2002, Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, or as may be provided
under any other applicable law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>6.&nbsp;<U>Release</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>6.1.</B>&nbsp;<B>Generally.</B>&nbsp;A
Participant will not be entitled to any benefits under the Plan unless, at the time of the Participant&rsquo;s Qualifying Termination,
he or she executes and does not subsequently revoke the<FONT STYLE="color: red">&nbsp;</FONT>release provided in Exhibit A, releasing
the Company, its affiliates, subsidiaries, shareholders, directors, officers, employees, representatives, and agents and their
successors and assigns from any and all employment-related claims the Participant or his or her successors and beneficiaries might
then have against them (excluding any claims the Participant might then have under the Plan or any employee benefit plan sponsored
by the Company). The release will be substantially in the form that is attached as Exhibit A to the Plan.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>6.2.</B>&nbsp;<B>Time
Limit for Providing Release.</B>&nbsp;A Participant will execute and submit the release to the Company within 21 days after the date
the release is presented to the Participant. With respect to any payment under the Plan that is subject to Section 409A, if payment is
otherwise due prior to the latest date on which the release may become irrevocable and the period between separation from service and
such date spans two calendar years, payment shall be made in the second of those two years.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>7.&nbsp;<U>Nature
of Participant&rsquo;s Interest in the Plan</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>7.1.</B>&nbsp;<B>No
Right to Assets.</B>&nbsp;Participation in the Plan does not create, in favor of any Participant, any right or lien in or against
any asset of the Company. Nothing contained in the Plan, and no action taken under its provisions, will create or be construed
to create a trust of any kind, or a fiduciary relationship, between the Company and a Participant or any other person. The Company&rsquo;s
promise to pay benefits under the Plan will at all times remain unfunded as to each Participant, whose rights under the Plan are
limited to those of a general and unsecured creditor of the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>7.2.</B>&nbsp;<B>No
Right to Transfer Interest.</B>&nbsp;Rights to benefits payable under the Plan are not subject in any manner to alienation, sale,
transfer, assignment, pledge, or encumbrance, except as required by law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>7.3.</B>&nbsp;<B>No
Employment Rights.</B>&nbsp;No provisions of the Plan and no action taken by the Company or the Administrator will give any person
any right to be retained in the employ of the Company, and the Company specifically reserves the right and power to dismiss or
discharge any Participant for any reason or no reason and at any time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>7.4.</B>&nbsp;<B>Withholding
and Tax Liabilities.</B>&nbsp;All payments under the Plan will be subject to tax withholding or other withholding required or
permitted by applicable law to the extent deemed necessary by the Administrator. The Participant will bear the cost of any taxes
not withheld on benefits provided under the Plan, regardless of whether withholding is required.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>7.5.
Change in Control.</B>&nbsp;Notwithstanding the provisions of this Agreement, Participants who have entered into a Change in Control
Agreement with the Company who are terminated following a Change in Control (as defined in such Agreement) will be entitled to benefits
under that Agreement and shall not be entitled to benefits under this Plan.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>8.&nbsp;<U>Administration,
Interpretation, and Modification of Plan</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>8.1.</B>&nbsp;<B>Plan
Administrator.</B>&nbsp;The Administrator will administer the Plan.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>8.2.</B>&nbsp;<B>Powers
of the Administrator.</B>&nbsp;The Administrator&rsquo;s powers include, but are not limited to, the power to adopt rules consistent
with the Plan; the power to decide all questions relating to the interpretation of the terms and provisions of the Plan; and the
power to resolve all other questions arising under the Plan (including, without limitation, the power to remedy possible ambiguities,
inconsistencies, or omissions by a general rule or particular decision). The Administrator has full discretionary authority to
exercise each of the foregoing powers.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>8.3.</B>&nbsp;<B>Death
of Participant.</B>&nbsp;If a Participant dies after having a Qualifying Termination, any payment of the Participant&rsquo;s Severance
Benefit or benefit under Section 4 remaining due to the Participant will be paid to the Participant&rsquo;s estate at the time
such payment would otherwise be paid to the Participant but no later than 90 days after the Participant&rsquo;s death.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>8.4.</B>&nbsp;<B>Amendment,
Suspension, and Termination.</B>&nbsp;The Compensation Committee has the right by written resolution to amend, suspend, or terminate
the Plan at any time, subject to the terms of this Section 8.4. Notwithstanding the foregoing, the Compensation Committee may
amend the Plan at any time to the extent necessary to comply with Section 409A, provided that, to the extent possible, such amendment
does not reduce the benefits of an employee who is already a Participant.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>8.5.</B>&nbsp;<B>Power
to Delegate Authority.</B>&nbsp;The Administrator may, in its sole discretion, delegate to any person or persons all or part of
its authority and responsibility under the Plan, including, without limitation, the authority to amend the Plan.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>8.6.</B>&nbsp;<B>Headings.</B>&nbsp;The
headings used in this document are for convenience of reference only and may not be given any weight in interpreting any provision
of the Plan.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>8.7.</B>&nbsp;<B>Severability.</B>&nbsp;If
an arbitrator or court of competent jurisdiction determines that any term, provision, or portion of the Plan is void, illegal, or
unenforceable, the other terms, provisions, and portions of the Plan will remain in full force and effect, and the terms,
provisions, and portions that are determined to be void, illegal, or unenforceable will either be limited so that they will remain
in effect to the extent permissible by law, or such </FONT>arbitrator or court will substitute, to the extent enforceable,
provisions similar thereto or other provisions, so as to provide to the Company, to the fullest extent permitted by applicable law,
the benefits intended by the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>8.8.</B>&nbsp;<B>Governing
Law.</B>&nbsp;The Plan will be construed, administered, and regulated in accordance with the laws of Virginia (excluding any conflicts
or choice of law rule or principle), except to the extent that those laws are preempted by federal law.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>8.9.</B>&nbsp;<B>Complete
Statement of Plan.</B>&nbsp;The Plan contains a complete statement of its terms. The Plan may be amended, suspended, or terminated
only in writing and then only as provided in Section 8.4 or 8.5. A Participant&rsquo;s right to any benefit of a type provided
under the Plan will be determined solely in accordance with the terms of the Plan. No other evidence, whether written or oral,
will be taken into account in interpreting the provisions of the Plan. Notwithstanding the preceding provisions of this Section
8.9, for purposes of determining benefits with respect to a Participant, the Plan will be deemed to include the provisions of
any other written agreement between the Company and the Participant to the extent such other agreement explicitly provides for
the incorporation of some or all of its terms into the Plan. Nothing in the Plan shall supersede any Change in Control Agreement
the Participant has or will enter into, and in the event of a Change in Control (as defined under that policy), benefits shall
be paid under that policy in lieu of any benefits described hereunder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>9.&nbsp;<U>Claims
and Appeals</U></B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>9.1.
Application of Claims and Appeals Procedures.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(a)</B>&nbsp;If
a Participant believes that he or she did not receive the full amount of benefits under the Plan to which he or she is entitled,
the Participant may file a claim under the provisions of this Section 9.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(b)</B>&nbsp;No
claim for non-payment or underpayment of benefits allegedly owed under the Plan may be filed in court until the claimant has exhausted
the claims review procedures established in accordance with this Section 9.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>9.2.
Initial Claims.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(a)</B>&nbsp;Any
claim for benefits will be in writing (which may be electronic if permitted by the Administrator) and will be delivered to the
Claim Reviewer.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(b)</B>&nbsp;Each
claim for benefits will be decided by the Claim Reviewer within a reasonable period of time, but not later than 90 days after
such claim is received by the Claim Reviewer (without regard to whether the claim submission includes sufficient information to
make a determination), unless the Claim Reviewer determines that special circumstances require an extension of time for processing
the claim. If the Claim Reviewer determines that an extension of time for processing is required, the Claim Reviewer will notify
the claimant in writing before the end of the initial 90-day period of the circumstances requiring an extension of time and the
date by which a decision is expected.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(c)</B>&nbsp;If
any claim is denied in whole or in part, the Claim Reviewer will provide to the claimant a written decision, issued by the end
of the period prescribed by subsection (b), above, that includes the following information:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(1)</B>&nbsp;The
specific reason or reasons for denial of the claim;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(2)</B>&nbsp;References
to the specific Plan provisions upon which such denial is based;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(3)</B>&nbsp;A
description of any additional material or information necessary to perfect the claim, and an explanation of why such material
or information is necessary;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(4)</B>&nbsp;An
explanation of the appeal procedures Plan&rsquo;s and the applicable time limits; and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(5)</B>&nbsp;A
statement of the claimant&rsquo;s right to bring a civil action under section 502(a) of ERISA, if his or her claim is denied upon
review.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>9.3.
Appeals.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(a)</B>&nbsp;If
a claim for benefits is denied in whole or in part, the claimant may appeal the denial to the Claim Reviewer. Such appeal will be in
writing (which may be electronic, if permitted by the Claim Reviewer), may include any written comments, documents, records, or
other information relating to the claim for benefits, and will be delivered to the Claim Reviewer within 60 days after the claimant
receives written notice that his or her claim has been denied.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(b)</B>&nbsp;The
Claim Reviewer will decide each appeal within a reasonable period of time, but not later than 60 days after such claim is received
by the Claim Reviewer, unless the Claim Reviewer determines that special circumstances require an extension of time for processing
the appeal.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(1)</B>&nbsp;If
the Claim Reviewer determines that an extension of time for processing is required, the Claim Reviewer will notify the claimant
in writing before the end of the initial 60-day period of the circumstances requiring an extension of time and the date by which
the Claim Reviewer expects to render a decision.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(2)</B>&nbsp;If
an extension of time pursuant to paragraph (1), above, is due to the claimant&rsquo;s failure to submit information necessary
to decide the appeal, the period for deciding the appeal will be tolled from the date on which the notification of extension is
sent to the claimant until the date on which the claimant responds to the request for additional information.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 45pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(c)</B>&nbsp;In
connection with any appeal, the claimant will be provided, upon request and free of charge, reasonable access to, and copies of,
all documents, records, and other information relevant to his or her claim for benefits. A document, record, or other information
will be considered relevant to a claim for benefits if such document, record, or other information:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(1)</B>&nbsp;Was
relied upon in making the benefit determination;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(2)</B>&nbsp;Was
submitted, considered, or generated in the course of making the benefit determination, without regard to whether such document,
record, or other information was relied upon in making the benefit determination; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(3)</B>&nbsp;Demonstrates
compliance with processes and safeguards designed to ensure and to verify that the benefit determination was made in accordance
with the terms of the Plan and that such terms of the Plan have been applied consistently with respect to similarly situated claimants.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(d)</B>&nbsp;The
Claim Reviewer review on appeal will take into account all comments, documents, records and other information submitted by the
claimant, without regard to whether such information was considered in the initial benefit determination.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(e)</B>&nbsp;If
any appeal is denied in whole or in part, the Claim Reviewer will provide to the claimant a written decision, issued by the end
of the period prescribed by subsection (b), above, that includes the following information:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(1)</B>&nbsp;The
specific reason or reasons for the decision;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(2)</B>&nbsp;References
to the specific Plan provisions upon which the decision is based;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(3)</B>&nbsp;An
explanation of the claimant&rsquo;s right to receive, upon request and free of charge, reasonable access to, and copies of, all
documents, records, and other information relevant to his or her claim for benefits (as determined pursuant to subsection (c),
above); and</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 79.55pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(4)</B>&nbsp;A
statement of the claimant&rsquo;s right to bring a civil action under section 502(a) of ERISA.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>9.4.
Other Rules and Rights Regarding Claims and Appeals.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(a)</B>&nbsp;A
claimant may authorize a representative to pursue any claim or appeal on his or her behalf. The Claim Reviewer may establish reasonable
procedures for verifying that any representative has in fact been authorized to act on his or her behalf.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 48.95pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>(b)</B>&nbsp;Notwithstanding
the deadlines prescribed by this Section 9.4, the Claim Reviewer and any claimant may agree to a longer period for deciding a
claim or appeal or for filing an appeal, provided that the Claim Reviewer will not extend any deadline for filing an appeal unless
imposition of the deadline prescribed by Section 9.3(a) would be unreasonable under the applicable circumstances.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt; background-color: white"><B>9.5.</B>&nbsp;<B>Interpretation.</B>&nbsp;The
provisions of this Section 9 are intended to comply with section 503 of ERISA and will be administered and interpreted in a manner consistent
with such intent.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: center"><FONT STYLE="font-size: 10pt; background-color: white">EXHIBIT
A &ndash; FORM OF RELEASE AGREEMENT</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>SEPARATION
AGREEMENT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt"><FONT STYLE="font-size: 10pt">This Separation Agreement (&ldquo;Agreement&rdquo;
or &ldquo;Release&rdquo;) is entered into by and between Norfolk Southern Corporation (&ldquo;Company&rdquo;) and _____________________(&ldquo;Executive&rdquo;
or &ldquo;I&rdquo;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt"><FONT STYLE="font-size: 10pt">WITNESSETH:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt"><FONT STYLE="font-size: 10pt">WHEREAS, Executive is an at-will employee
and as such, Executive&rsquo;s employment can be terminated at any time.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt"><FONT STYLE="font-size: 10pt">WHEREAS, Executive will be separated by
the Company effective ________________, _____ (&ldquo;Separation Date&rdquo;) for reasons unrelated to sexual harassment or sexual abuse,
as a result of which Executive would be eligible to receive certain severance benefits under the Norfolk Southern Executive Severance
Plan (&ldquo;Severance Plan&rdquo;), and desires to receive the benefits under the Executive Severance Plan and to relinquish and waive
any rights and benefits provided under the NS Severance Pay Plan;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">WHEREAS, a condition to receipt of benefits
under the Severance Plan is for the Executive to execute a Settlement Agreement and Release satisfactory to the Company;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">NOW, THEREFORE, in consideration of the
premises, and for other good and valuable consideration contained herein, the parties hereto, intending to be legally bound, hereby agree
as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">The foregoing WHEREAS clauses are incorporated
and made a part of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0"><FONT STYLE="font-size: 10pt">1.&nbsp;<U>Separation
of Employment</U>.</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">A.I</FONT></TD><TD><FONT STYLE="font-size: 10pt">understand that my employment
with Company shall terminate or was terminated effective as of the above-referenced Separation Date.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">B.I</FONT></TD><TD><FONT STYLE="font-size: 10pt">understand that Company has
paid or will timely pay me, in accordance with its normal payroll and other procedures, for: (i) my work from the date this Release
was received through the Separation Date; (ii) my properly reported and reimbursable business expenses that remain unpaid, provided
that I submit any such claims for reimbursement together with this Release; and (iii) my accrued but unused vacation for the current
year, less all required tax withholdings and other deductions.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">C.I</FONT></TD><TD><FONT STYLE="font-size: 10pt">understand that, for benefit
plans governed by the Employee Retirement Income Security Act of 1974 (ERISA), benefits following the Separation Date, if any,
will be determined in accordance with the terms of the applicable plan or other governing documents.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">D.I</FONT></TD><TD><FONT STYLE="font-size: 10pt">understand that the foregoing
payments and benefits, other than benefits provided under the Severance Plan, have been or will be provided to me regardless of
whether I sign or revoke this Release.</FONT></TD>
</TR></TABLE>



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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0"><FONT STYLE="font-size: 10pt">2.&nbsp;<U>Payment
and Other Benefits</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt"><FONT STYLE="font-size: 10pt">I acknowledge that, in consideration
for signing this Release within 21 days after I receive it and provided that I do not revoke the Release during the seven-day revocation
period described in Section 8, I will receive the following:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">A.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Payment</FONT> <FONT STYLE="font-size: 10pt">in
the gross amount of $[ ], equal to two (2) times Executive&rsquo;s base salary, paid in a lump sum.</FONT></TD>
</TR></TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-size: 10pt">B.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Payment in the gross amount
of $[ ] for the Bonus portion of the severance benefit under the Severance Plan; provided, however, that if my Separation Date
is on or after the date on which a deferral election under the Norfolk Southern Corporation Executives&rsquo; Deferred Compensation
Plan (&ldquo;EDCP&rdquo;) becomes irrevocable (generally July 1), any portion of my Bonus for which I had made an election to
defer under the EDCP will be paid under the terms of the EDCP and not under the Severance Plan.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">C.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Payment in the gross amount
of $[ ], equal to the value of any stock options calculated in accordance with Section 4.2(a) of the Severance Plan, paid in a
lump sum.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">D.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Payment in the gross amount
of $36,000 for health coverage, paid in a lump sum.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">E.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Payment in the gross amount
of $30,000 for outplacement services, paid in a lump sum.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">F.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Payment in the gross amount
of $[ ], equal to full value of restricted share units, payable in separate installments at the time each underlying restricted
stock unit award would have been distributed if I had continued in employment through each applicable distribution date.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">G.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Payment in the gross amount
of $[ ], equal to Pro-rated value of Performance Share Units, payable in installments at the time each underlying Performance
Share Unit award would have been distributed if I had continued in employment through December 31 of each Performance Cycle.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">H.</FONT></TD><TD><FONT STYLE="font-size: 10pt">The payments provided in
this Section 2A through 2E will be paid by direct deposit or, if not possible, by check sent by regular mail to my last known
address, within 30 calendar days after the date on which Company receives an executed copy of this Release from me; provided,
however, that if I am a &ldquo;specified employee&rdquo; within the meaning of Section 409A, any payment that is subject to Section
409A that is to be made under this Agreement that would otherwise be paid within six months after my separation from service will
instead be paid in the seventh month following my separation from service Each installment payment provided in Section 2F and
Section 2G will be paid by direct deposit or, if not possible, by check sent by regular mail to my last known address at the time
provided in the underlying restricted stock unit award or following the conclusion of the Performance Cycle. All payments made
under this Section 2 shall be net of all taxes, withholdings and any other amount required by law to be withheld from such payments.
Furthermore, debts owed to the Company may also be deducted from the payments.</FONT></TD>
</TR></TABLE>


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    <!-- Field: /Page -->


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">3. <U> Release
of COMPANY</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">In consideration of the Payment and Benefits
provided for in Section 2:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">A.</FONT></TD><TD><FONT STYLE="font-size: 10pt">On behalf of myself and my
heirs and personal representatives, I hereby surrender any right to employment with Company and its predecessors, successors,
and assigns, as well as its subsidiaries, affiliates, and parents (cumulatively referred to as the &ldquo;Affiliates&rdquo;),
and release and forever discharge Company and the Affiliates, and their respective past, present and future partners, principals,
managers, directors, officers, employees, agents, attorneys, employee benefit plans, trustees and all others acting in concert
with them, from any and all claims, actions, suits, proceedings, complaints, causes of action, grievances, debts, costs and expenses
(including attorney&rsquo;s fees), at law or in equity, known or unknown, that I: (i) have or may have through the date I sign
this Release, arising out of, based on, or relating in any way to any acts or omissions that occurred, in whole or in part, prior
to the time that I sign this Release, including, but not limited to: claims for breach of any express or implied contract, wrongful
termination, retaliation, defamation of character, personal injury, intentional or negligent infliction of emotional distress,
discrimination or harassment based on race, religion, sex, age, color, handicap and/or disability, national origin, or any other
protected class, and any other claim based on or related to my employment with Company or my departure therefrom, including but
not limited to claims under ERISA, Title VII of the Civil Rights Act of 1964, Section 1981 of Title 42 of the United States Code,
the Civil Rights Act of 1866, Executive Order 11246, the Equal Pay Act, the Americans with Disabilities Act, the Rehabilitation
Act of 1973, the Family and Medical Leave Act, the Age Discrimination in Employment Act of 1967, the Uniformed Services Employment
and Reemployment Rights Act, the Occupational Safety and Health Act, the Federal Railroad Safety Act, the Federal Employers Liability
Act, the Georgia Fair Employment Practices Act, the Virginia Human Rights Act, and any other federal, state or local statute or
regulation, all as amended; and (ii) have or may have at any time before or after I sign this Release arising under, based on,
or related to the Worker Adjustment and Retraining Notification Act. Nothing in this Release is intended to or shall be construed
as an admission by Company or any of its Affiliates that any of them violated any law, interfered with any right, breached any
obligation or otherwise engaged in any improper or illegal conduct with respect to me or otherwise. Company and its Affiliates
expressly deny any such illegal or wrongful conduct.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">B.</FONT></TD><TD><FONT STYLE="font-size: 10pt">I do not waive, nor has Company
asked me to waive, any rights or claims that cannot be released by law, such as any vested retirement benefits that I may have.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">C.</FONT></TD><TD><FONT STYLE="font-size: 10pt">I agree that I will not provide
any information, advice, or services to, and will not serve as a consulting or testifying expert witness for, any person, law
firm, or entity in connection with any claim of any type or nature by that person, law firm, or entity against the Company or
any of the Affiliates. Notwithstanding the foregoing, this Release does not and is not intended to prevent, restrict, or otherwise
interfere with my right to: (i) provide information to any appropriate federal, state, or local governmental agency or court,
including the Securities and Exchange Commission (&ldquo;SEC&rdquo;); (ii) testify, assist, participate in, or cooperate with
the investigation of any charge or complaint pending before or being investigated by such governmental agency or court, or make
any disclosures that are protected under the whistleblower provisions of federal law or regulation; (iii) receive a monetary award
from the SEC related to my participation in an SEC investigation or proceeding; or (iv) enforce this Agreement.</FONT></TD>
</TR></TABLE>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-indent: 0"><FONT STYLE="font-size: 10pt">4.&nbsp;<U>Participant&rsquo;s
Covenants</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-indent: 0"><FONT STYLE="font-size: 10pt">In consideration of the Payment and
other benefits provided for in Section 2, I also covenant and agree that:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">A. <U>Confidentiality
of Release</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Subject to Section 3(C) above, I shall
hold this Release confidential, and not disclose its terms to anyone, except for my immediate family, legal counsel, and tax advisor,
and that I will inform them of this confidentiality provision upon any such disclosure. I understand that this confidentiality provision
is a material provision of this Release.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">B. <U>
Confidentiality of Company Information</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Executive covenants and agrees that
any confidential or proprietary information and any corporate policies, procedures and documents acquired by Executive during his employment
with the Company is the exclusive property of the Company, and Executive acknowledges that he has no ownership interest or right of any
kind to said property. Except as otherwise required by law, Executive agrees that he will not use or directly or indirectly, disclose
or divulge to any unauthorized party for his own benefit or to the detriment of the Company, any such information that he may have acquired
during his employment with the Company, whether or not developed or compiled by the Company and whether or not Executive was authorized
to have access to such information. Executive covenants that he has returned all such information (as referenced in this section B) to
the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Executive further covenants that he
will not disclose any trade secrets, customer lists, vendor and contractor rates, designs, information regarding product development,
names of vendors and contractors, phone numbers or contact information of vendors and contractors, operating plans, strategic plans,
marketing plans, sales plans, projected acquisitions or dispositions of properties, assets, or management agreements, management organization
information (including data and other information relating to members of the Board and management), operating policies or manuals, business
plans, purchasing agreements, financial records, or other financial, commercial, business or technical information relating to Company
or any of the Affiliates or information designated as confidential or proprietary that Company or any of the Affiliates may receive belonging
to suppliers, customers, or others who do business with Company or any of the Affiliates.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Notwithstanding the foregoing, this
Release does not prohibit me from: (i) providing truthful testimony in response to compulsory legal process; (ii) participating in any
government investigation; (iii) providing truthful statements in conjunction with any claim permitted to be brought by the employee;
or (iv) providing information to the extent required by an order of a court having competent jurisdiction or under subpoena from an appropriate
government agency.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">C. <U>Non-Disparagement
Clause</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 0"><FONT STYLE="font-size: 10pt">Subject
to Section 3(C) above, I shall not make any disparaging comments, whether oral or written, regarding Company, its officers,
directors, employees, agents, leadership, partners, owners, stockholders, predecessors, successors, assigns or any of the
Affiliates and their respective agents, directors, officers, employees, representatives or attorneys. Such disparaging
comments include, but are not limited to, comments containing false or misleading information, or potentially having the
effect of damaging the reputation of Company or its leadership.</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">D. <U>
Cooperation</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt; background-color: white">I agree that I
will fully cooperate and assist in the transition of my work, files, and pending matters to other Company representatives as directed
by Company. In addition, I will at all times, both before and after termination of employment, (a) provide reasonable cooperation in
connection with any action or proceeding (or any appeal from any action or proceeding) that relates to events occurring during my employment
with the Company, provided that such cooperation does not materially interfere with my then current employment, and (b) cooperate with
the Company in executing and delivering documents requested by the Company, and taking any other actions, that are necessary or requested
by the Company to assist the Company in patenting, copyrighting, or registering any programs, ideas, inventions, discoveries, patented
or copyrighted material, or trademarks, and to vest title thereto in the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">E. <U>Non-Compete</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0"><FONT STYLE="font-size: 10pt">I will not seek or accept employment
with, or provide services to or on behalf of (including, but not limited to, as a consultant, independent contractor, director, owner,
partner, joint venturer, or employee), a direct competitor of the Company for one (1) year from my Separation Date, unless I seek a waiver
from the Chief Executive Officer of the Company, and the waiver is granted in writing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0"><FONT STYLE="font-size: 10pt">For this purpose, a &ldquo;direct
competitor of the Company&rdquo; is (i) any North American Class I freight rail carrier (including, without limitation, a holding or
other company that controls or operates, or is controlled by or under common control with, any North American Class I rail carrier),
or (ii) any short line or other rail carrier that is competing with the Company in North American markets in which the Company competes.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">Nothing contained
in this subsection will operate or be construed to restrict a lawyer in the practice of law in contravention of Rule 5.6 of the Virginia
Rules of Professional Conduct or a similar professional conduct rule applicable to a lawyer who is an active member of any other state
bar.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0"><FONT STYLE="font-size: 10pt">F.&nbsp;<U>Remedies
with Respect to Covenants</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0"><FONT STYLE="font-size: 10pt">I understand and agree that if I breach
or threaten to breach the covenants and obligations contained in Section 4 of this Release, Company shall be entitled to the following
remedies, which shall be cumulative and are not mutually exclusive:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">i.</FONT></TD><TD><FONT STYLE="font-size: 10pt">I acknowledge and agree that
my covenants and obligations with respect to Section 4 of this Release relate to special, unique and extraordinary matters and
that a violation of any of the terms of such covenants and obligations will cause Company irreparable injury for which adequate
remedies are not available at law. Therefore, I understand and agree that if I breach or threaten to breach the covenants and
obligations of Section 4 of this Release, in any respect, Company shall be entitled to an injunction, restraining order or other
equitable relief (without the requirement to post bond) to restrain such breach or threatened breach or otherwise specifically
enforce the covenants and obligations set forth therein.</FONT></TD>
</TR></TABLE>


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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">ii.</FONT></TD><TD><FONT STYLE="font-size: 10pt">I acknowledge and agree that
the damages resulting from my breach of the covenants and obligations contained in Section 4 of this Release would be uncertain
and difficult to ascertain.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0"><FONT STYLE="font-size: 10pt">5.&nbsp;<U>Company
Property</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0"><FONT STYLE="font-size: 10pt">As soon as practicable, but in no
event later than the Effective Date of this Release, I shall return to Company: (A) any and all business equipment, credit cards, and
other Company property made available for my use while an employee of Company; and (B) any files, data, or other copies of information
(whether in hard copy or in electronic form) pertaining to Company or any of the Affiliates, or the business or operation thereof.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0"><FONT STYLE="font-size: 10pt">6.&nbsp;<U>Agreement
Not To Seek Reemployment</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0"><FONT STYLE="font-size: 10pt">In consideration of the Payment and
Benefits provided for in Section 2, I further agree that I will not reapply for work with Company or the Affiliates. I understand that
if I apply for work with Company or the Affiliates, Company or the Affiliates will have the right to refuse to hire, rehire or otherwise
engage me. I further agree that it will not constitute discrimination or retaliation if, in the future, Company declines to hire me or
terminates me after inadvertently hiring, reinstating or engaging me.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0"><FONT STYLE="font-size: 10pt">7.&nbsp;<U>Miscellaneous
Other Terms.</U></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">A.</FONT></TD><TD><FONT STYLE="font-size: 10pt">I acknowledge that in executing
this Release, I do not rely, and have not relied, upon any representation or statement made by Company, any of the Affiliates,
or by any of its employees or representatives with regard to the subject matter hereof, other than documents specifically referenced
in this Release.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">B.</FONT></TD><TD><FONT STYLE="font-size: 10pt">I acknowledge that I was
advised to consult with an attorney of my choice (at my expense) before I sign this Release. Company will rely on my signature
on this Agreement as my representation that I have read this Release carefully before signing it, and that I have a full and complete
understanding of its terms.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">C.</FONT></TD><TD><FONT STYLE="font-size: 10pt">The language of all parts
of this Release shall, in all cases, be construed as a whole, according to its fair meaning, and not strictly for or against any
of the parties. To the extent there are any ambiguities in the terms of this Release, those ambiguities shall not be construed
against one party or the other.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">D.</FONT></TD><TD><FONT STYLE="font-size: 10pt">This Agreement shall be governed
by and interpreted in accordance with the laws of the State of Georgia without regard to Georgia&rsquo;s choice of law rules.
Employee consents to the personal jurisdiction of the federal and/or state courts serving the State of Georgia and waives any
defenses of forum non conveniens. The parties agree that any and all initial judicial actions instituted under this Agreement
or relating to its enforceability shall only be brought in the United States District Court for the Northern District of Georgia,
Atlanta Division, or the Georgia State-wide Business Court, regardless of the place of Employee&rsquo;s residence or work location
at the time of such action.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">E.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Should any provision of this
Release be declared or be determined by any court of competent jurisdiction to be illegal, invalid, or unenforceable, the legality,
validity, and enforceability of the remaining parts, terms or provisions shall
not be effected thereby, and said illegal, unenforceable, or invalid part, term or provision shall be deemed not to be a part of this
Agreement.</FONT></TD>
</TR></TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">F.</FONT></TD><TD><FONT STYLE="font-size: 10pt">This Release sets forth the
entire agreement between the parties hereto and fully supersedes any and all prior agreements or understandings, written or oral,
between the parties hereto pertaining to the subject matter hereof.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">G.</FONT></TD><TD><FONT STYLE="font-size: 10pt">I agree that Company&rsquo;s
provision of the Payment and Benefits provided for in Section 2 does not constitute an acknowledgement that I have complied with
this Release. I understand that Company specifically reserves the right to pursue legal remedies against me arising out of my
noncompliance with this Agreement.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">H.</FONT></TD><TD><FONT STYLE="font-size: 10pt">I represent and warrant that
I have not incurred a work-related injury or occupational disease and that I am not suffering from any work-related injuries or
occupational diseases and I further warrant that I am competent to execute this Release.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">I.</FONT></TD><TD><FONT STYLE="font-size: 10pt">Section 409A Compliance.
This Agreement is intended to comply with the requirements of Section 409A of the Internal Revenue Code of 1986, as amended (&ldquo;Code&rdquo;),
or an exemption or exclusion therefrom and, with respect to amounts that are subject to Code Section 409A, it is intended that
this Agreement be administered in all respects in accordance with Code Section 409A. Each payment under this Agreement that constitutes
nonqualified deferred compensation subject to Code Section 409A shall be treated as a separate payment for purposes of Code Section
409A. In no event may Executive (or Executive&rsquo;s estate, in the event of Executive&rsquo;s death), directly or indirectly,
designate the taxable year of any payment to be made under the Agreement.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt; text-indent: 0"><FONT STYLE="font-size: 10pt">8.&nbsp;<U>Time
Limits, Revocation, and Effective Date</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">A.I acknowledge and
agree that I received this Release on _____________, _____. I understand that I have twenty-one (21) days from the date I received
this Release to consider its terms. Any changes to this Release during that period, whether material or not, will not extend the
21-day period. If I sign this Release, I may still revoke my acceptance of the Release for up to seven (7) days after I sign it,
by notifying Company in writing before the expiration of that seven-day period. If I decide to revoke the Release, the written
revocation notice should be sent by email (with delivery confirmation notification) to _______________ at <FONT STYLE="color: Black"><U>____________@nscorp.com</U>,
</FONT>with a copy to ___________ at&nbsp;<FONT STYLE="color: Black"><U>_______________@nscorp.com</U>.</FONT></FONT></P>


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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 17.3pt; text-align: left"><FONT STYLE="font-size: 10pt">B.</FONT></TD><TD><FONT STYLE="font-size: 10pt">If not revoked, this Release
will become effective on the eighth day after I sign it (&ldquo;Effective Date&rdquo;). If I do not sign this Release within the
21-day period, or if I timely revoke this Release during the seven-day revocation period, this Release will not become effective
and I will not be entitled to the Payment and Benefits provided for in Section 2.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Norfolk Southern Corporation</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 3%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 47%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">(Executive Signature &ndash;
    DO NOT PRINT)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
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    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Date Signed</FONT></TD>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>EXHIBIT 99.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 68px; width: 623px"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><B>FOR IMMEDIATE RELEASE</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Norfolk Southern to purchase assets of the <BR>
Cincinnati Southern Railway</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><I>Historic transaction to strengthen company&rsquo;s railway operations <BR>
by securing strategic segment of network</I></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 10pt"><B>ATLANT</B>A, November 21, 2022 &ndash; Norfolk Southern Corporation (NYSE: NSC) announced today the execution of
a purchase agreement under which the company&rsquo;s operating subsidiary, Norfolk Southern Railway Company, will acquire substantially
all of the assets of the Cincinnati Southern Railway (CSR), an approximately 337 mile railroad that runs from Cincinnati, Ohio to Chattanooga,
Tennessee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 10pt">The CSR is currently owned by the City of Cincinnati and operated by the
Cincinnati, New Orleans and Texas Pacific Railway Company (CNOTP), a wholly owned subsidiary of Norfolk Southern Railway, under a lease
agreement expiring in 2026.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 10pt">The agreement provides the company ownership of approximately 9,500 acres
of land that sits under infrastructure maintained and operated by Norfolk Southern.&nbsp;Further, it ensures Norfolk Southern will own
the line in perpetuity, while eliminating uncertainty around future lease costs.&nbsp;The line is one of the highest density segments
of the company&rsquo;s network, with as many as 30 trains a day traveling the route.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 10pt">&ldquo;The Cincinnati Southern Railway is a critical artery linking the Midwest
and the Southeast and plays an important role in our powerful network that serves more than half the U.S. population,&rdquo; said Norfolk
Southern President and Chief Executive Officer Alan H. Shaw. &ldquo;This agreement sets the framework for Norfolk Southern to own a core
line in our network in perpetuity, allowing us to advance our strategic objectives of improving service, enhancing productivity, and creating
an even stronger platform for accelerated growth, all while eliminating uncertainty around future control of the line and lease costs.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 10pt">Upon the close of the transaction, projected to occur in the first half
of 2024, the City of Cincinnati will receive cash consideration of approximately $1.62 billion. Norfolk Southern intends to finance the
transaction through a combination of internal and external sources. The City of Cincinnati plans to use the proceeds of the transaction
to form an infrastructure fund that will benefit the citizens of Cincinnati for generations to come. The trust would solely fund the rehabilitation,
modernization, or replacement of existing infrastructure such as streets, bridges, municipal buildings, parks, and green space. The closing
is subject to certain conditions, including approval by the voters of Cincinnati and the U.S. Surface Transportation Board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">###</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B></B></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: rgb(226,224,224) 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center"><FONT STYLE="color: #7D7D68">Norfolk Southern Corporation </FONT> <FONT STYLE="color: #034764">|&nbsp;&nbsp;</FONT><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>About Norfolk Southern</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor
companies have safely moved the goods and materials that drive the U.S. economy. Today, it operates a customer-centric and operations-driven
freight transportation network. Committed to furthering sustainability, Norfolk Southern helps its customers avoid 15 million tons of
yearly carbon emissions by shipping via rail. Its dedicated team members deliver more than 7 million carloads annually, from agriculture
to consumer goods, and is the largest rail shipper of auto products and metals in North America. Norfolk Southern also has the most extensive
intermodal network in the eastern U.S., serving a majority of the country&rsquo;s population and manufacturing base, with connections
to every major container port on the Atlantic coast as well as the Gulf of Mexico and Great Lakes. Learn more by visiting www.NorfolkSouthern.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">This press release contains forward-looking statements within the meaning
of the safe harbor provision of the Private Securities Litigation Reform Act of 1995, as amended. These statements relate to future events
or future performance of Norfolk Southern Corporation (&ldquo;Norfolk Southern,&rdquo; &ldquo;NS,&rdquo; the &ldquo;Company,&rdquo; &ldquo;we,&rdquo;
&ldquo;our,&rdquo; or &ldquo;us&rdquo;), including but not limited to statements regarding future financial performance and anticipated
results, benefits, and targets related to the strategic plan. In some cases, these forward-looking statements may be identified by the
use of words like &ldquo;will,&rdquo; &ldquo;believe,&rdquo; &ldquo;expect,&rdquo; &ldquo;targets,&rdquo; &ldquo;anticipate,&rdquo; &ldquo;estimate,&rdquo;
&ldquo;plan,&rdquo; &ldquo;consider,&rdquo; &ldquo;project,&rdquo; &ldquo;may,&rdquo; &ldquo;could,&rdquo; &ldquo;should,&rdquo; and similar
references to the future. The Company has based these forward-looking statements on management&rsquo;s current expectations, assumptions,
estimates, beliefs, and projections. While the Company believes these expectations, assumptions, estimates, and projections are reasonable,
forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which involve factors or
circumstances that are beyond the Company&rsquo;s control, including but not limited to: general North American and global economic conditions;
changes in energy prices and fuel markets; uncertainty surrounding timing and volumes of commodities being shipped; changes in laws and
regulations; uncertainties of claims and lawsuits; labor disputes; transportation of dangerous goods; effects of changes in capital market
conditions; severe weather; and the impact of the COVID-19 pandemic on us, our customers, our supply chain and our operations. These and
other important factors, including those discussed under &ldquo;Risk Factors&rdquo; in the Annual Report on Form 10-K for the year ended
December 31, 2021, filed with the Securities and Exchange Commission (the &ldquo;SEC&rdquo;), as well as the Company&rsquo;s subsequent
filings with the SEC, may cause actual results, benefits, performance, or achievements to differ materially from those expressed or implied
by these forward-looking statements. Please refer to these SEC filings for a full discussion of those risks and uncertainties we view
as most important.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif">Forward-looking statements are not, and should not be relied upon as, a
guarantee of future events or performance, nor will they necessarily prove to be accurate indications of the times at or by which any
such events or performance will be achieved. As a result, actual outcomes and results may differ materially from those expressed in forward-looking
statements. We undertake no obligation to update or revise forward-looking statements, whether as a result of new information, the occurrence
of certain events or otherwise, unless otherwise required by applicable securities law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Media Inquiries:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Media Relations, 404-420-4444</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Investor Inquiries:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Luke Nichols, 470-867-4807</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>9
<FILENAME>nsc-20221117_pre.xml
<DESCRIPTION>XBRL PRESENTATION FILE
<TEXT>
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<TYPE>XML
<SEQUENCE>10
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
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<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="include/report.css">
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<span style="display: none;">v3.22.2.2</span><table class="report" border="0" cellspacing="2" id="idm139904480932784">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Nov. 17, 2022</div></th>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Nov. 17,  2022<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">1-8339<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">NORFOLK
SOUTHERN CORPORATION<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000702165<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">52-1188014<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">VA<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">650 West Peachtree Street NW<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Atlanta<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">GA<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">30308-1925<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">855<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">667-3655<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Norfolk Southern Corporation<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">NSC<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="re">
<td class="pl" style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period.  The format of the date is YYYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
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<a href="javascript:void(0);" onclick="Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
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