0001193125-12-319563 Sample Contracts

RESTRICTED STOCK UNIT AGREEMENT
Restricted Stock Unit Agreement • July 27th, 2012 • Horizon Lines, Inc. • Water transportation • North Carolina

RESTRICTED STOCK UNIT AGREEMENT (this “Agreement”), dated as of July 25, 2012 (the “Grant Date”), by and between (the “Participant”) and Horizon Lines, Inc., a Delaware corporation (the “Company”), is made pursuant to and subject to the provisions of the Company’s 2012 Incentive Compensation Plan (the “Plan”). The Plan, as it may be amended from time to time, is incorporated herein by reference. All terms used herein that are defined in the Plan shall have the meanings given to them in the Plan.

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RESTRICTED STOCK UNIT AGREEMENT
Restricted Stock Unit Agreement • July 27th, 2012 • Horizon Lines, Inc. • Water transportation • North Carolina

RESTRICTED STOCK UNIT AGREEMENT (this “Agreement”), dated as of July 25, 2012 (the “Grant Date”), by and between (the “Participant”) and Horizon Lines, Inc., a Delaware corporation (the “Company”), is made pursuant to and subject to the provisions of the Company’s 2012 Incentive Compensation Plan (the “Plan”). The Plan, as it may be amended from time to time, is incorporated herein by reference. All terms used herein that are defined in the Plan shall have the meanings given to them in the Plan.

CHANGE OF CONTROL SEVERANCE AGREEMENT
Change of Control • July 27th, 2012 • Horizon Lines, Inc. • Water transportation • North Carolina

This CHANGE OF CONTROL SEVERANCE AGREEMENT is dated July , 2012, by and between HORIZON LINES, INC., a Delaware corporation (the “Company”), Horizon Lines LLC (an Affiliate of the Company), and (the “Executive”).

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