0000278041-05-000050 Sample Contracts

AMENDED AND RESTATED AGREEMENT
Death Benefits Agreement • August 12th, 2005 • International Shipholding Corp • Deep sea foreign transportation of freight • Louisiana

THIS AMENDED AND RESTATED AGREEMENT (the “Agreement”) is made by and entered into between INTERNATIONAL SHIPHOLDING CORPORATION (hereinafter referred to as “ISC”), a Delaware corporation appearing herein through Gary L. Ferguson, its duly authorized Vice President and Chief Financial Officer, and ERIK F. JOHNSEN (hereinafter referred to as “Employee”), an employee of ISC.

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AGREEMENT
Death Benefits Agreement • August 12th, 2005 • International Shipholding Corp • Deep sea foreign transportation of freight • Louisiana

THIS AGREEMENT (the “Agreement”) is made by and entered into between INTERNATIONAL SHIPHOLDING CORPORATION (hereinafter referred to as “ISC”), a Delaware corporation appearing herein through Erik F. Johnsen, its duly authorized representative, and Niels W. Johnsen (hereinafter referred to as “Employee”), an employee of Central Gulf Lines, Inc. (hereinafter referred to as “Central Gulf”), a subsidiary of ISC.

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