INTERNATIONAL SHIPHOLDING CORP - FORM 10-K - EX-10.8 - EXHIBIT 10.8 - CONSULTING AGREEMENT - March 14, 2011

Attached files

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10-K - FORM 10-K - DECEMBER 31, 2010 - INTERNATIONAL SHIPHOLDING CORPform10k12312010.htm
EX-10.6 - EXHIBIT 10.6 - REVOLVING LOAN - INTERNATIONAL SHIPHOLDING CORPexhibit106lineofcredit.htm
EX-31.1 - EXHIBIT 31.1 - CEO CERTIFICATION - INTERNATIONAL SHIPHOLDING CORPexhibit311ceocert123110.htm
EX-31.2 - EXHIBIT 31.2 - CFO CERTIFICATION - INTERNATIONAL SHIPHOLDING CORPexhibit312cfocert123110.htm
EX-32.2 - EXHIBIT 32.2 - CFO CERTIFICATION - INTERNATIONAL SHIPHOLDING CORPexhibit322cfocert1231010.htm
EX-10.13 - EXHIBIT 10.13 - FORM OF RESTRICTED STOCK AGREEMENT - INTERNATIONAL SHIPHOLDING CORPexhibit1013stockagreement.htm
EX-10.14 - EXHIBIT 10.14 - FORM OF RESTRICTED STOCK AGREEMENT - INTERNATIONAL SHIPHOLDING CORPexhibit1014stockagreement.htm
EX-23.1 - EXHIBIT 23.1 - CONSENT OF E&Y - INTERNATIONAL SHIPHOLDING CORPexhibit231consentofey.htm
EX-32.1 - EXHIBIT 32.1 - CEO CERTIFICATION - INTERNATIONAL SHIPHOLDING CORPexhibit321ceocert1231010.htm
EX-21.1 - EXHIBIT 21.1 - SUBSIDIARIES OF ISC - INTERNATIONAL SHIPHOLDING CORPexhibit211subsofisc.htm
Exhibit 10.8

December 15, 2010


Mr. Erik F. Johnsen
P.O. Box 196
Covington, LA  70434

Reference: Erik F. Johnsen Consulting Agreement

This letter will confirm that International Shipholding Corporation has agreed to retain you as a consultant for a period of time commencing January 1, 2011, and ending December 31, 2011.  Your consulting compensation, which has been discounted to take into consideration a prepaid lump sum payment, will be fee of $250,000, and will be paid to you on December 29, 2010. Reasonable out of pocket expenses incurred while performing your consulting services will be reimbursed as submitted throughout the 2011 year.

Furthermore, we have agreed that the period of time commencing January 1, 2011, and ending December 31, 2011, will be the last year of your consultant services to International Shipholding Corporation.

Please sign below to acknowledge your agreement and acceptance of the foregoing terms and conditions.
 

 
Sincerely,

/s/ Niels M. Johnsen

N. M. Johnsen
Chairman of the Board


AGREED AND ACCEPTED:

/s/ Erik F. Johnsen
 
Erik. F. Johnsen

12/20/10
Date

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