Amendment to Carnival Corporation Fun Ship Nonqualified Savings Plan (Profit-Sharing Vesting)
Carnival Corporation has amended its Fun Ship Nonqualified Savings Plan, effective January 1, 2010. The amendment states that all profit-sharing contributions made for plan years beginning on or after this date will be fully vested and cannot be forfeited. This means participants will have immediate and permanent ownership of these contributions. The amendment ensures greater security for employees participating in the plan.
Exhibit 10.1
AMENDMENT TO THE CARNIVAL CORPORATION
FUN SHIP NONQUALIFIED SAVINGS PLAN
The Carnival Corporation Fun Ship Nonqualified Savings Plan (the “Plan”) is hereby amended, effective January 1, 2010, as follows (deletions struck-through, additions bolded):
Section 5.4 of the Plan is amended to add the following sentence at the end:
All Profit-Sharing Contributions made in accordance with Section 5.3 on account of the Plan Year that begins on or after January 1, 2010 shall be fully vested and non-forfeitable at all times.
