MEMORANDUM OF UNDERSTANDING Among Horizon Lines, LLC, Horizon Lines of Alaska, LLC and APM Terminals North America Inc.Memorandum of Understanding • April 23rd, 2010 • Horizon Lines, Inc. • Water transportation
This MOU is binding and enforceable between and among HL, HLA and Contractor, subject to any final agreement or Agreement amendment entered into between or among HL, HLA and Contractor. The terms and conditions of this MOU supersede and replace any prior or contemporaneous, oral or written, memorandum of understanding concerning the same subject matter as addressed herein. The terms and conditions of any final agreement or Agreement amendment will supersede the terms and conditions of this MOU in its entirety. The Parties intend to amend the Agreement according to the terms and conditions of this MOU, including the Term Sheet, TP1 agreement and rate schedules attached hereto, which are made a part of this MOU.
