0001193125-08-218425 Sample Contracts

ROYAL CARIBBEAN CRUISES LTD.
Stock Option Award Agreement • October 29th, 2008 • Royal Caribbean Cruises LTD • Water transportation

Royal Caribbean Cruises Ltd. (the “Company”) hereby certifies that as of (Date) (the “Date of Grant”), (Name) (the “Optionee”), a director, officer or employee of the Company and/or its Affiliates, was granted, pursuant to the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan (the “Plan”), an option to purchase an aggregate of (#) shares (the “Options”) of Stock of the Company at an Exercise Price of $(price) per share. The Options consist of:

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ROYAL CARIBBEAN CRUISES LTD.
Restricted Stock Unit Agreement • October 29th, 2008 • Royal Caribbean Cruises LTD • Water transportation • Florida

This Restricted Stock Unit Agreement (the “Agreement”) is dated as of (Granted Date), and is entered into between Royal Caribbean Cruises Ltd., (the “Company”), and (Name), a director, officer or employee of the Company and/or its Affiliates (the “Grantee”).

ROYAL CARIBBEAN CRUISES LTD.
Stock Option Award Agreement • October 29th, 2008 • Royal Caribbean Cruises LTD • Water transportation

Royal Caribbean Cruises Ltd. (the “Company”) hereby certifies that as of (Date) (the “Date of Grant”), (Name) (the “Optionee”), a director, officer or employee of the Company and/or its Affiliates, was granted, pursuant to the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan (the “Plan”), an option to purchase an aggregate of (#) shares (the “Options”) of Stock of the Company at an Exercise Price of $ (price) per share. The Options consist of:

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