Exhibit 10.2
Royal Caribbean Cruises Ltd.
1050 Caribbean Way | tel: 305.539.6000 |
Miami, Fl 33132.2096 USA | www.royalcaribbean.com |
December 19, 2008
Mr. Stephen A. Lynch
Senior Vice President
Northern Trust, N.A
700 Brickell Avenue
Miami, Florida 33132
Dear Mr. Lynch:
Reference is made to the Payment Schedule attached as Schedule A to the Trust Agreement for Richard D. Fain dated September 21, 2007 between Northern Trust NA as Trustee and Royal Caribbean Cruises Ltd. If not previously distributed by Northern Trust NA pursuant to the terms of the Payment Schedule, Northern Trust NA will pay to Richard D. Fain on January 12, 2009 all the Trust assets in a lump sum, subject to any required reporting and tax withholding obligations as provided in the Trust Agreement. Except as amended by the foregoing, the Trust Agreement remains in full force and effect in accordance with its terms.
Sincerely,
Royal Caribbean Cruises Ltd.
By: /s/ Bradley H. Stein
Bradley H. Stein
Vice President and General Counsel
AGREED
Northern Trust NA
By: /s/ Stephen A. Lynch
Name: Stephen A. Lynch
Title: Senior Vice President
Date: | December 19, 2008 |