What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to report a material definitive agreement, specifically the approval of a policy by Norfolk Southern's Compensation Committee to reimburse certain senior executives and directors for the cost of executive physical examinations.

What is the maximum amount that can be reimbursed for these physical examinations?

The reimbursement for executive physical examinations is capped at $10,000 per calendar year for each eligible individual.

When did this policy come into effect?

The policy was approved by the Compensation Committee on July 26, 2005, and the report was filed on July 28, 2005, indicating the policy would be in effect from that approval date.

NSC 8-K: Material Agreements

Q: Who is eligible to receive reimbursement for executive physicals?

Eligibility for reimbursement includes non-employee directors, the chief executive officer, president, vice chairmen, and executive vice presidents of Norfolk Southern Corporation.

Summary

Norfolk Southern Corporation (NSC) filed an 8-K report on July 28, 2005, detailing an event that occurred on July 26, 2005. The Compensation Committee of the Board of Directors approved a new policy regarding reimbursement for executive physical examinations. This policy applies to non-employee directors, the chief executive officer, president, vice chairmen, and executive vice presidents.

Key Highlights

1The Compensation Committee of NSC's Board of Directors approved reimbursement for executive physical examinations.
2The policy is effective for non-employee directors, CEO, President, Vice Chairmen, and Executive Vice Presidents.
3Reimbursement is capped at $10,000 per calendar year per individual.
4The approval date of this policy was July 26, 2005.
5This information was reported via an 8-K filing on July 28, 2005.
6This filing is considered a Material Definitive Agreement under Item 1.01.

NORFOLK SOUTHERN CORP 8-K Report, Material Agreement (Jul 28, 2005)

Summary

Key Highlights

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