While attending meetings at the Ft Worth NOC this afternoon, we were advised that BNSF was going to announce their ICP Payout earlier than expected. It has come in at "80.67" percent of the 12% maximum of the qualifying earnings as described in the agreement language. Since it seems to be a yearly reoccurring theme let's not forget that the break even point over what you would have made in the GWI trade-off is 50%. In other words, you made over and above what you would have made absent the ICP Agreement.
As always, we will forward you a formal document on the matter as well as the snap-back clause information in the very near future. I just wanted to get you this information as quickly as possible as we promised.