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On motion duly made and seconded, it was unanimously RESOLVED, that the T,Pension Plan fox Salaried Employees of Union Pacific Railroad and Affiliates”, effective July 1, 1968 (hereinafter the Plan), the Supplemental Pension Plan for Officers and Supervisors of Union Pacific Railroad Company and Affiliates", effective July 1, 1968 (hereinafter the Supplemental Plan), the "Salary Continuation Plan for Salaried Employees of Union Pacific Railroad Company and Affiliates", effective July 1, 1968, and the "Long Term Disability Plan for Salaried Employees of Union Pacific Railroad Company and Affiliates", effective July 1, 1968, be and they hereby are in all respects approved and adopted by this Com­pany, and the Pension Trust Agreement, dated as of July 1, 1968, between Union Pacific Railroad Company and First National City Bank, as Trustee, and the Pension Trust Agreement, dated as of July 1, 1968, between Union Pacific Railroad Company and Morgan Guaranty Trust Company of New York, as Trustee, and all of the provisions thereof, be and they hereby are accepted and adopted by this Com­pany, and Union Pacific Railroad Company together with the Com­mittee ( as defined in the Plan), be and each of them hereby is appointed as the agent of this Company to exercise on its behalf all the power and authority severally conferred upon Union Pacific Railroad Company or the Committee under the Plan and the Supple­mental Plan and in each of the said Pension Trust Agreements, except where specific provision is made therein for action by an Affiliate (as defined in the Plan) of Union Pacific Railroad Company; and further RESOLVED, that the "Union Pacific Railroad Company Pension Plan", effective May 5, 1937, as amended from time to time, and as in effect immediately prior to July 1, 1968, shall establish the rights and obligations of officers and supervisors whose remuner­ation and working conditions are not subject to agreement and who retire prior to July 1, 1968, and that the Plan (as hereinabove,in the next preceding resolution, defined), effective as of July 1, 1968, and as it may hereafter be amended from time to time, shall establish the rights and obligations of Employees (as defined • therein) who retire or otherwise terminate their employment on pr after July 1, 1968, and that the Supplemental Plan (as hereinabove, in the next preceding resolution, defined), effective as of July 1, 1968, and as it may hereafter be amended from time to time, shall establish the rights and obligations of officers and supervisors whose remuneration and working conditions are not subject to agreement and who retire or otherwise terminate their employment on or after July 1, 1968; and further RESOLVED, that the proper officers of this Company be and they hereby are authorized, in the name and on behalf of this Company, to do all acts and things which may be necessary or desirable to carry the foregoing resolutions into effect.