exv10w10











Exhibit 10.10










Dear Dawn:



We are pleased to extend an offer of employment to you for the position of Senior Vice
President — General Counsel & Corporate Secretary; reporting to Mike Ryan, President & Chief
Executive Officer. Below is an outline of the compensation and benefits package that the company is
offering for your consideration:





Position: Senior Vice President — General Counsel & Corporate Secretary




Departmental Responsibilities: Responsible for the direction and management of the
company’s legal activities and will serve as chief legal advisor
to the President and Chief
Executive Officer.




Salary Grade I Base Annual Salary: Grade 18 / $225,000. Your salary will be paid on
a semi-monthly basis, in accordance with ACL’s payroll practice and procedures for salaried
employees. Your salary will be subject to change from time to time based upon your job
performance.




Annual Incentive Plan Eligibility: Target AIP bonus opportunity of up to 65% of
annual base earnings. AIP bonus eligibility is determined by achievement of overall company
financial performance targets, departmental goals and objectives and individual performance
measures which may be established by ACL from time to time. All AIP bonus payments are
subject to approval by the Compensation Committee of the Board of Directors. Any AIP bonus
payments will be calculated and disbursed following the release of the Company’s audited
financial results for the given calendar year (generally occurring each February).




Lone-Term Incentive Eligibility: Target LTI opportunity equal to approximately 100%
of annual base earnings. All LTI equity grants are subject to the terms of ACL’s stock
ownership plan(s), must be approved by the Board of Directors, and are generally issued
during the first calendar quarter of each year.



American Commercial Lines LLC





 









 








April 25,2008

Landry, Dawn R.

Page 2





Employee Benefits: As a salaried employee you will be eligible to participate in
company-sponsored employee benefit programs that include, but are not limited to, ACL’s
group medical, dental, vision, short-term and long-term disability, life insurance and
retirement savings plans. Details of the benefit programs are contained in plan documents
and summary plan descriptions that will be provided to you once you begin employment with
the Company.




Vacation: You will be eligible for three (3) weeks of vacation for the remainder of
the 2008 calendar year. Beginning in 2009, you will be eligible for four (4) weeks of
vacation each calendar year. Vacation accrual and scheduling are subject to ACL’s salaried
vacation policy.




Pre-employment
Screening: This employment offer is contingent upon successful
completion of a background investigation which may include passing a company provided
substance abuse screen.


The foregoing summarizes the terms and conditions applicable to the employment position being
offered to you. However, should you accept this position; you will be subject to the employment
policies and procedures generally applicable to salaried employees of ACL. This letter is provided
for informational purposes only and does not constitute an agreement or contract



Dawn, ACL is very excited about offering you this opportunity. We believe you will make significant
contributions toward our future success. We would appreciate your consideration and acceptance of
this offer as soon as possible. Please indicate your acceptance by signing in the space provided
below and return via fax to 812-288-0434.




Regards,

-s-
Nick Fletcher




Nick Fletcher

Senior Vice President — Human Resources



By
signing below, I agree to accept employment with ACL under the terms
outlined herein. I
acknowledge and agree that my employment with ACL does not breach any agreements with any other
employer and I further agree to maintain the secrecy of, and not to use in any way, any
confidential or proprietary information or trade secrets belonging to any other employer in the
performance of my duties for ACL. I understand and agree that this letter is provided for
information purposes only and does not guarantee employment for any definite duration. I understand
that I shall have the right to terminate my employment with ACL at any time for any reason by
providing ACL with reasonable notice and the Company shall have the same right to discontinue my
employment at any time for any reason.




	 	 	 
	-s- Dawn R. Landry

	 	25 Apr 08
	 
	Dawn R. Landry

	 	Date






American Commercial Lines LLC