Horizon Lines, Inc. Performance Grant AgreementPerformance Grant Agreement • May 20th, 2009 • Horizon Lines, Inc. • Water transportation • Delaware
THIS AGREEMENT, dated May 14, 2009, between HORIZON LINES, INC., (the “Company”) and Charles G. Raymond (the “Participant”), is made pursuant and subject to the provisions of the Horizon Lines, Inc. 2009 Incentive Compensation Plan (the “Plan”) to the extent provided below. All terms used in this Agreement that are defined in the Plan have the same meaning given them in the Plan. The Performance Grant will be administered by the Compensation Committee (“Committee”) of the Board.
