Document:

exv10w29

Exhibit 10.29

EQUITY INCENTIVE AWARD PLAN FOR

DIRECTORS OF REYNOLDS AMERICAN INC.

(Amended and Restated Effective December 1, 2010)

     Reynolds American Inc., a North Carolina corporation, hereby adopts this Equity Incentive
Award Plan for Directors of Reynolds American Inc. (amended and restated effective December 1,
2010). The Plan is an amendment, restatement and continuation of the Amended and Restated Equity
Incentive Award Plan for Directors of R.J. Reynolds Tobacco Holdings, Inc. and Subsidiaries. The
purposes of this Plan are as follows:

     (1)      To further the growth, development and financial success of the Company by providing
additional incentives to its Directors by assisting them to become owners of capital stock of the
Company and thus to benefit directly from its growth, development and financial success.

     (2)      To enable the Company to obtain and retain the services of the type of Directors
considered essential to the long-term success of the Company by providing and offering them an
opportunity to become owners of capital stock of the Company.

ARTICLE I

DEFINITIONS

Section 1.1 — General

     Whenever the following terms are used in this Plan they shall have the meaning specified below
unless the context clearly indicates to the contrary.

Section 1.2 — Affiliate

     “Affiliate” of any person shall mean another person that directly or indirectly, through one
or more intermediaries, controls, is controlled by, or is under common control with, such first
person.

Section 1.3 — BAT

     “BAT” shall mean, collectively, British American Tobacco, p.l.c., a public limited company
incorporated under the laws of England and Wales, and its Affiliates.

Section 1.4 — Board

     “Board” shall mean the Board of Directors of the Company.

Section 1.5 — Code

     “Code” shall mean the Internal Revenue Code of 1986, as amended.

 

 

Section 1.6 — Committee

     “Committee” shall mean the Corporate Governance and Nominating Committee of the Board.

Section 1.7 — Common Stock

     “Common Stock” shall mean the common stock, par value $0.0001 per share, of the Company.

Section 1.8 — Company

     “Company” shall mean Reynolds American Inc., a North Carolina corporation.

Section 1.9 — Director

     “Director” shall mean a member of the Board.

Section 1.10 — Eligible Director

     “Eligible Director” shall mean a Director who qualifies as “independent” in accordance with
Rule 303A.02 of the New York Stock Exchange listing standards, as such rule may be amended,
supplemented or replaced from time to time; provided, however, that the
Non-Executive Chairman shall be an Eligible Director, and provided further, that no “Investor
Director” who is not an “Independent Director,” as such terms are defined in the Governance
Agreement (as defined in Section 8.3(c)(i) of this Plan), shall be an “Eligible Director.”

Section 1.11 — Grant

     “Grant” shall mean an award made to a Participant pursuant to the Plan.

Section 1.12 — Non-Executive Chairman

     “Non-Executive Chairman” shall mean the Non-Executive Chairman of the Board.

Section 1.13 — Option

     “Option” shall mean an option granted under the Plan to purchase Common Stock.

Section 1.14 — Option Price

     “Option Price” shall have the meaning given in Section 4.2.

Section 1.15 — Optionee

     “Optionee” shall mean a Director to whom an Option is granted under the Plan.

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Section 1.16 — Participant

     “Participant” shall mean a Director to whom a Grant has been made.

Section 1.17 — Plan

     “Plan” shall mean the Equity Incentive Award Plan for Directors of Reynolds American Inc.

Section 1.18 — Secretary

     “Secretary” shall mean the Secretary of the Company.

Section 1.19 — Stock Award

     “Stock Award” shall mean the annual award, either in the form of deferred stock units or
shares of Common Stock, made pursuant to Article VI.

Section 1.20 — Subsidiary

     “Subsidiary” shall mean any corporation in an unbroken chain of corporations beginning with
the Company if each of the corporations, or if each group of commonly controlled corporations,
other than the last corporation in an unbroken chain then owns stock possessing fifty percent (50%)
or more of the total combined voting power of all classes of stock in one of the other corporations
in such chain.

ARTICLE II

SHARES SUBJECT TO PLAN

Section 2.1 — Shares Subject to Plan

     The shares of stock subject to Grant shall be shares of Common Stock. The aggregate number of
shares of Common Stock which are available for Grants under the Plan shall not exceed 2,000,000.
[Note: the number of shares of Common Stock available for grants increased as a result of the
Company’s two-for-one stock split on August 14, 2006, and its two-for-one stock split on November
15, 2010.] Shares of Common Stock related to Grants that are forfeited, terminated, canceled,
expire unexercised, settled in cash in lieu of stock or in such manner that all or some of the
shares of Common Stock covered by a Grant are not issued to a Participant, shall immediately become
available for Grants.

ARTICLE III

GRANTING OF OPTIONS

Section 3.1 — Eligibility

     Any Eligible Director shall be eligible to be granted Options as set forth in this Article
III.

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Section 3.2 — Granting of Options to Directors

     Options may be granted at any time and solely in the discretion of the Committee to each
Eligible Director elected to serve on the Board. Such Options shall be subject to the terms and
conditions set forth in Article IV.

ARTICLE IV

TERMS OF OPTIONS FOR DIRECTORS

Section 4.1 — Option Agreement

     A grant of Options to Eligible Directors shall be evidenced by a Stock Option Agreement, which
shall be executed by the Optionee and an authorized officer of the Company and which shall
incorporate the terms and conditions of this Article IV and such other terms and conditions as the
Committee shall determine, consistent with the Plan.

Section 4.2 — Option Price

     The exercise price of each share of Common Stock subject to an Option granted pursuant to
Section 3.2 shall be the final closing price of a share of Common Stock (as reported on the New
York Stock Exchange consolidated tape) on the date of grant.

Section 4.3 — Commencement of Exercisability

     Options granted pursuant to Section 3.2 shall not be exercisable prior to six (6) months after
the date of grant, and thereafter shall be exercisable in full, subject to applicable securities
regulations.

Section 4.4 — Expiration of Option

     The Option shall expire and may not be exercised to any extent after the expiration of ten
(10) years from the date the Option was granted.

ARTICLE V

EXERCISE OF OPTIONS

Section 5.1 — Persons Eligible to Exercise

     During the lifetime of the Optionee, only he or his guardian may exercise an Option granted to
him, or any portion thereof. After the death of the Optionee, any exercisable portion of an Option
may, prior to the time when such portion becomes unexercisable under Section 4.4, be exercised by
his personal representative or by any person empowered to do so under the deceased Optionee’s will
or under the then applicable laws of descent and distribution.

Section 5.2 — Partial Exercise

     At any time and from time to time prior to the time when any exercisable Option or exercisable
portion thereof expires or becomes unexercisable under Section 4.4, such Option or

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portion thereof may be exercised in whole or in part; provided, however, that
the Company shall not be required to issue fractional shares.

Section 5.3 — Manner of Exercise

     An exercisable Option, or any exercisable portion thereof, may be exercised solely by
delivering to the Secretary or his office all of the following prior to the time when such Option
or such portion becomes unexercisable:

     (a)      Notice in writing signed by the Optionee or other person then entitled to exercise such
Option or portion thereof, stating that such Option or portion thereof is exercised;

     (b)      Full payment of the Option Price shall be made in cash, by check or a combination thereof,
for the shares of Common Stock with respect to which such Option or portion thereof is thereby
exercised, together with payment of any federal income or other tax required to be withheld by the
Company with respect to such shares of Common Stock, in accordance with the terms of the Plan and
of any applicable guidelines of the Committee in effect at the time. The requirement of payment
will be deemed satisfied if the Participant has made arrangements satisfactory to the Company with
a duly registered broker-dealer that is a member of the National Association of Securities Dealers,
Inc. to sell on the date of exercise a sufficient number of shares of Common Stock being purchased
so that the net proceeds of the sale transaction will at least equal the full exercise price and
pursuant to which the broker-dealer undertakes to deliver the full exercise price to the Company
not later than the later of (i) the settlement date of the sale transaction and (ii) the date on
which the Company delivers to the broker-dealer the shares of Common Stock being purchased pursuant
to the exercise of such Option. This method is known as the “broker-dealer exercise method” and is
subject to the terms and conditions set forth herein, in the Option grant agreement and in
guidelines established by the Committee;

     (c)      Such representations and documents as the Committee reasonably deems necessary or
advisable to effect compliance with all applicable provisions of the Securities Act of 1933, as
amended and any other federal, state or foreign securities laws or regulations. The Committee may,
in its absolute discretion, also take whatever additional actions it deems appropriate to effect
such compliance, including, without limitation, placing legends on share certificates and issuing
stop-transfer orders to transfer agents and registrars; and

     (d)      In the event that the Option or portion thereof shall be exercised pursuant to Section 5.1
by any person or persons other than the Optionee, appropriate proof of the right of such person or
persons to exercise the Option or portion thereof.

Section 5.4 — Rights as Shareholders

     The holders of Options shall not be, nor have any of the rights or privileges of, shareholders
of the Company in respect of any shares of Common Stock purchasable upon the exercise of any part
of an Option unless and until certificates representing such shares of Common Stock have been
issued by the Company to such holders.

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Section 5.5 — Transfer Restrictions

     The Committee, in its absolute discretion, may impose such restrictions on the transferability
of the shares of Common Stock purchasable upon the exercise of an Option as it deems appropriate,
and any such restriction shall be set forth in the respective Stock Option Agreement and may be
referred to on the certificates evidencing such shares of Common Stock.

ARTICLE VI

STOCK AWARDS

Section 6.1 — Granting of Initial Stock Award to Directors

     (a)      Each Eligible Director who is elected to serve on the Board shall receive an initial Stock
Award as of the date of such Director’s initial election to serve on the Board (an “Initial Stock
Award”). Such Initial Stock Award shall be granted only once to each Eligible Director as soon as
practicable following the Director’s initial election to serve on the Board and shall be subject to
the terms and conditions set forth in this Article VI. Notwithstanding this Section 6.1(a), in the
event of the appointment of an existing Director who was an employee of the Company to the position
of Non-Executive Chairman and such Director has not yet received an Initial Stock Award, the
Non-Executive Chairman shall receive an Initial Stock Award upon his or her appointment to the
position of Non-Executive Chairman.

     (b)      Except as provided in Section 6.1(c) below, the Initial Stock Award shall be made in the
form of deferred stock units, as described in Section 6.4. Each Eligible Director shall receive an
Initial Stock Award of 3,500 deferred stock units.

     (c)      Notwithstanding the foregoing, commencing with the Initial Stock Award for 2004, an
Eligible Director may elect to receive the Initial Stock Award in the form of shares of Common
Stock. The election to receive shares of Common Stock must be made in writing within thirty (30)
days after the date a Director becomes a Director (or in the case of a Non-Executive Chairman,
within thirty (30) days after his or her appointment). An election to receive shares of Common
Stock shall be irrevocable by the Director.

Section 6.2 — Granting of Annual Stock Awards

     (a)      Each Eligible Director shall receive an annual Stock Award as of the date of the Company’s
annual meeting of shareholders or the one (1) year anniversary of the preceding year’s annual
meeting of shareholders, if no meeting has been scheduled for such subsequent year, provided that
the Director serves on the Board immediately following such date (an “Annual Stock Award”). The
Annual Stock Award for 2005 shall be made as of July 30, 2005 or, if later, the date of the
Director’s election or re-election to serve on the Board.

     (b)      Except as provided in Section 6.2(c) below, the Annual Stock Award shall be made in the
form of deferred stock units, as described in Section 6.4. Each Eligible Director shall receive an
Annual Stock Award of 4,000 (or in the case of a Non-Executive Chairman, 8,000) deferred stock
units). [Note: the number of shares of Common Stock constituting an Annual Stock Award increased
as a result of the Company’s two-for-one stock split on August 14, 2006, and its stock split on
November 15, 2010.]

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     (c)      Notwithstanding the foregoing, commencing with the Annual Stock Award for 2005, an
Eligible Director or the Non-Executive Chairman may elect to receive the Annual Stock Award in the
form of shares of Common Stock. The election to receive shares of Common Stock must be made in
writing by December 31 of the year preceding the year during which the Annual Stock Award would
otherwise be granted or, if later, within thirty (30) days after the date a Director becomes a
Director (or in the case of a Non-Executive Chairman, within thirty (30) days after his or her
appointment). An election to receive shares of Common Stock shall be irrevocable by the Director
and shall be effective only for the year immediately following the date on which it was filed.

Section 6.3 — Grant of Quarterly Stock Awards

     (a)      Each Eligible Director shall receive a quarterly Stock Award on the last day of each
calendar quarter, provided that the Director has served on the Board at any time during such
calendar quarter (a “Quarterly Stock Award”).

     (b)      The Quarterly Stock Award shall be made in the form of deferred stock units, as described
in Section 6.4. The number of deferred stock units to be credited to each Eligible Director’s
account on the last day of each calendar quarter shall be determined pursuant to the following
formula: $10,000 (or in the case of a Non-Executive Chairman, $20,000) divided by the average of
the final closing price of a share of Common Stock (as reported on the New York Stock Exchange
consolidated tape) for each business day during the last month of such calendar quarter. In the
event an Eligible Director has served on the Board or in the position of Non-Executive Chairman for
less than an entire quarter, the number of deferred stock units to be credited to his or her
account on the last day of such quarter shall be prorated based on the actual number of days of his
or her service on the Board during the quarter.

Section 6.4 — Deferred Stock Units

     Each deferred stock unit shall be equal in value to one (1) share of Common Stock. As of the
date any dividend is paid to shareholders of Common Stock, each Participant shall be credited with
additional deferred stock units equal to the number of shares of Common Stock (including fractions
of a share) that could have been purchased at the closing price of Common Stock on such date with
the dividend paid on the number of shares of Common Stock to which such Participant’s deferred
stock units are equivalent on the record date for such dividend. In case of dividends paid in
property, the dividend shall be deemed to be the fair market value of the property at the time of
distribution of the dividend, as determined by the Committee.

Section 6.5 — Distribution of Deferred Stock Units

     (a)      For all Grants made under this Plan on or prior to December 31, 2004, the distribution of
a Participant’s deferred stock units will be made as follows:

     (i)      Unless as otherwise elected in Section 6.5(a)(ii), payment of a Participant’s
deferred stock units shall be made in one (1) lump sum as soon as practicable following the
end of the year in which the Participant ceases to be a Director.

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     (ii) At the election of the Participant made in writing and delivered to the Committee
at any time on or before December 1 of the year of termination of the Participant’s service
as a Director, distribution of all of his or her deferred stock units, commencing as soon as
practicable following the end of the year in which the Participant ceases to be a Director,
shall be made in any number of annual installments not exceeding ten (10). Any such
election, unless made irrevocable by its terms, may be changed by written notice to the
Committee at any time prior to December 1 of the year of a Participant’s termination of his
or her service as a Director.

     (b)      For all Grants made under this Plan after December 31, 2004 and on or prior to December
31, 2007, the distribution of a Participant’s deferred stock units will be made in the following
manner. According to the election made by each Participant on an annual election form provided by
the Company to the Participant prior to December 31 of the year preceding the grant of any award
under this Plan in the next Plan year or, if later, within thirty (30) days after the date a
Director becomes a Director (or in the case of a Non-Executive Chairman, within thirty (30) days
after his or her appointment), payment of a Participant’s deferred stock units will be made either
in a lump sum or in any number of annual installments not exceeding ten (10), on (or commencing on)
January 2 following the termination of his or her service as a Director.

     (c)      For all Grants made under this Plan after December 31, 2007, the distribution of a
Participant’s deferred stock units will be made in the following manner. Each Participant shall
elect annually to have payment of his or her deferred stock units with respect to a grant (i) be
made either in a lump sum or in any number of annual installments not exceeding ten (10), and (ii)
be paid either (A) on (or commencing on)January 2 following the termination of his or her service
as a Director, or (B) on (or commencing on)the later of January 2 of the year specified and January
2 following the termination of his or her service as a Director. Such election by each Participant
shall be made on an annual election form provided by the Company prior to December 31 of the year
preceding the grant of any award under this Plan in the next Plan year or, if later, within thirty
(30) days after the date a Director becomes a Director (or in the case of a Non-Executive Chairman,
within thirty (30) days after his or her appointment).

     (d)      Elections made pursuant to Section 6.5(b) and (c) are not irrevocable; provided,
however, (A) any subsequent election may not be effective until twelve (12) months after
the date the election is made, (B) any subsequent election relating to payments scheduled for a
particular date or dates must be made at least twelve (12) months prior to the date of the first
scheduled payment, and (C) any subsequent election for distributions, other than those triggered by
disability, death or an unforeseeable emergency, must delay distribution by at least five (5) years
from the original distribution date.

     (e)      Distribution of a Participant’s deferred stock units received in connection with such
Participant’s Quarterly Stock Awards shall be made only in cash. Subject to 8.3(b) hereof,
distribution of a Participant’s deferred stock units received in connection with such Participant’s
Initial Stock Award and Annual Stock Awards shall be made in cash or stock, at the election of the
Participant made in writing and delivered to the Committee at any time on or before December 1 of
the year of termination of the Participant’s service as a Director. Subject to 8.3(b) hereof, if
distribution is made in cash, the amount of distribution shall be determined by multiplying the
number of deferred stock units attributable to the installment by the average of

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the final closing price of a share of Common Stock (as reported on the New York Stock Exchange
consolidated tape) on each business day in the month of December immediately prior to the year in
which the installment is to be paid. If distribution is made in stock, any fractional shares of
stock shall be paid in cash equal to the value of the fractional share multiplied by the final
closing price of a share of Common Stock (as reported on the New York Stock Exchange consolidated
tape) on the last business day immediately preceding the date of distribution.

     (f)      For purposes of Section 6.5(b) and Section 6.5(c), termination of service as a Director
shall be the later of (i) the end of the Director’s service as a member of the Board of Directors
of the Company and (ii) the Director’s separation from service with the Company within the meaning
of Section 409A of the Code.

     (g)      Notwithstanding the foregoing provisions of this Section 6.5, with respect to grants made
under this Plan after December 31, 2004, in the event that a Participant is a “specified employee,”
determined pursuant to procedures adopted by the Company in compliance with Section 409A of the
Code, at the time of termination of service as a Director, as provided in Section 6.5(f), the
distribution of deferred units to be made following the termination of service as a Director shall
be paid no earlier than the first day of the seventh month following the date such termination of
service as a Director occurs (or if earlier, on the date of death).

Section 6.6 — Installment Amount

     In the event a Participant has elected to receive distribution of his or her deferred stock
units in more than one (1) installment, the amount of each installment shall be determined by
multiplying the current number of deferred stock units by a fraction, the numerator of which is one
(1), and the denominator of which is the number of installments yet to be paid.

Section 6.7 — Distribution upon Death

     In the event of the death of a Participant, whether before or after ceasing to serve as a
Director, any deferred stock units to which he or she was entitled, shall be converted to cash and
distributed in a lump sum to such person or persons or the survivors thereof, including
corporations, unincorporated associations or trusts, as the Participant may have designated. All
such designations shall be made in writing signed by the Participant and delivered to the
Committee. A Participant may from time to time revoke or change any such designation by written
notice to the Committee. If there is no unrevoked designation on file with the Committee at the
time of the Participant’s death, or if the person or persons designated therein shall have all
predeceased the Participant or otherwise ceased to exist, such distributions shall be made in
accordance with the Participant’s will or in the absence of a will, to the administrator of the
Participant’s estate. Any distribution under this Section 6.7 shall be made as soon as practicable
following the end of the fiscal quarter in which the Committee is notified of the Participant’s
death. In this case, a Participant’s deferred stock units shall be converted to cash by
multiplying the number of whole and fractional shares of Common Stock to which the Participant’s
deferred stock units are equivalent by the average of the final closing price of a share of Common
Stock (as reported on the New York Stock Exchange consolidated tape) on each business day during
the last month of the calendar quarter prior to the date of death.

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Section 6.8 — Withholding Taxes

     The Company shall deduct from all distributions under the Plan any taxes required to be
withheld by federal, state, or local governments.

Section 6.9 — Terms and Conditions

     All Stock Awards shall be subject to the terms and conditions of this Article VI and such
other terms and conditions as the Committee shall determine, consistent with the Plan.

ARTICLE VII

ADMINISTRATION

Section 7.1 — Plan Administrator

     The Plan shall be administered by the Committee.

Section 7.2 — Duties and Powers of Committee

     It shall be the duty of the Committee to conduct the general administration of the Plan in
accordance with its provisions. The Committee shall have the power to interpret the Plan and the
Grants and to adopt such rules for the administration, interpretation, and application of the Plan
as are consistent therewith and to interpret, amend or revoke any such rules. Any such
interpretations and rules shall be consistent with the basic purpose of the Plan to make Grants.
In its absolute discretion, the Board may at any time and from time to time exercise any and all
rights and duties of the Committee under the Plan. The Committee may act either by vote at a
telephonic or other meeting or by unanimous written consent in lieu of a meeting.

Section 7.3 — Compensation; Professional Assistance; Good Faith Actions

     Members of the Committee shall not receive compensation for their services as members in
connection with the administration of the Plan, but all expenses and liabilities they incur in
connection with the administration of the Plan shall be borne by the Company. The Committee may
employ attorneys, consultants, accountants, appraisers, brokers or other persons. The Committee,
the Company, the Directors and the officers of the Company shall be entitled to rely upon the
advice, opinions or valuations of any such persons. All actions taken and all interpretations and
determinations made by the Committee in good faith shall be final and binding upon all
Participants, the Company and all other interested persons. No member of the Committee shall be
personally liable for any action, determination or interpretation made in good faith with respect
to the Plan or the Grants, and all members of the Committee shall be fully protected by the Company
with respect to any such action, determination or interpretation.

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ARTICLE VIII

MISCELLANEOUS PROVISIONS

Section 8.1 — Amendment, Suspension or Termination of the Plan

     The Plan may be wholly or partially amended or otherwise modified, suspended or terminated at
any time or from time to time by the Board. Except as expressly permitted by the terms of the
Plan, neither the amendment, suspension nor termination of the Plan shall, without the consent of
the Participant alter or impair any rights or obligations under any Grant theretofore granted. No
Grant may be made during any period of suspension nor after termination of the Plan.

Section 8.2 — Effect of Plan Upon Other Options and Compensation Plans

     Nothing in this Plan shall be construed to limit the right of the Company or any of its
Subsidiaries (a) to establish any other forms of incentives or compensation for Directors of the
Company or any of its Subsidiaries or (b) to grant or assume options other than under this Plan in
connection with any proper corporate purpose, including, but not by way of limitation, the grant or
assumption of options in connection with the acquisition by purchase, lease, merger, consolidation
or otherwise, of the business, stock or assets of any corporation, firm, association or other
entity.

Section 8.3 — Adjustments

     (a)      In the event of any change in the outstanding Common Stock by reason of a stock split,
spin-off, stock dividend, stock combination or reclassification, recapitalization or merger, change
of control, or similar event, the Committee shall (i) adjust appropriately the number of shares of
Common Stock subject to the Plan and available for or covered by Grants, the number of deferred
stock units or shares of Common Stock constituting Initial Stock Awards and Annual Stock Awards in
Sections 6.1 and 6.2 hereof and share prices related to outstanding Grants and (ii) make such other
revisions to outstanding Grants as it deems are equitably required. Any such adjustment made by
the Committee shall be final and binding upon all Participants, the Company and all other
interested persons.

     (b)      In the event of a Change of Control (as defined in Section 8.3(c) hereof):

     (i)      Options granted pursuant to Article III hereof shall become fully vested and exercisable;
provided, however, that

     (A) for each Option with an exercise price less than the value of the consideration for a
share of Common Stock in the Change of Control transaction (the “Transaction Consideration”), the
Committee may, in its sole discretion, elect to make a cash payment to Participants in cancellation
of such Options in an amount equal to the product of (1) and (2), where (1) is the excess of
Transaction Consideration over the exercise price, and (2) is the number of shares of Common Stock
subject to the Options being cancelled, which amount shall be paid at the same time as the
Transaction Consideration is paid to holders of Common Stock,

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and in any case no later than March 15 of the year succeeding the year in which such event of
a Change of Control occurred; and

     (B)      for each Option with an exercise price greater than the Transaction Consideration, the
Committee may, in its sole discretion, elect to cancel such Options without any payment to
Participants holding such Options.

(ii)       (A) Deferred stock units granted pursuant to Article VI hereof and described in
Section 6.5(a) shall be distributed to Participants in a single lump sum as soon as practicable
following the event of a Change of Control.

     (B) Deferred stock units granted pursuant to Article VI hereof and described in Section
6.5(b) and Section 6.5(c) shall be distributed to Participants:

     (1) in a single lump sum upon a Change of Control that is also a “change in the ownership or
effective control” of the Company for purposes of Section 409A of the Code, and in any case no
later than March 15 of the year succeeding the year in which such “change in the ownership or
effective control” occurred; or

     (2) in the event a Change of Control is not a “change in the ownership or effective control”
of the Company for purposes of Section 409A of the Code, in accordance with Article VI hereof.

     (C) Notwithstanding the foregoing provisions of this Section 8.3(b)(ii), in the event of a
Change of Control, the Committee may, in its sole discretion, elect to make the distribution with
respect to deferred stock units in cash in lieu of shares of Common Stock with respect to Initial
Stock Awards and Annual Stock Awards. With respect to any distribution made in cash, the amount of
the distribution shall be determined by multiplying the number of deferred stock units by the
Transaction Consideration. Payment with respect to deferred stock units described in Section
8.3(b)(ii)(b)(1) shall be made at the same time as the Transaction Consideration is paid to holders
of Common Stock, and in any case no later than March 15 of the year succeeding the year in which
such “change in the ownership or effective control” occurred.

     (c)      For purposes of the Plan, a “Change of Control” shall mean the first to occur of the
following events:

     (i)       an individual, corporation, partnership, group, associate or other entity or
“person”, as such term is defined in Section 14(d) of the Securities Exchange Act of 1934
(the “Exchange Act”), other than the Company or any employee benefit plans sponsored by the
Company, is or becomes the “beneficial owner” (as defined in Rule 13d-3 under the Exchange
Act), directly or indirectly, of thirty percent (30%) or more of the combined voting power
of the Company’s outstanding securities ordinarily having the right to vote at elections of
directors; provided, however, that the acquisition of Company securities by
BAT pursuant to the Business Combination Agreement, dated as of October 27, 2003,

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between R.J. Reynolds Tobacco Holdings, Inc. (“RJR”) and Brown & Williamson Tobacco
Corporation (“B&W”), as thereafter amended (the “BCA”) or as expressly permitted by the
Governance Agreement, dated as of July 30, 2004, among British American Tobacco, p.l.c., B&W
and the Company (the “Governance Agreement”), shall not be considered a Change of Control
for purposes of this subsection (i);

     (ii)       individuals who constitute the Board (or who have been designated as
directors in accordance with Section 1.09 of the BCA) on July 30, 2004 (the “Incumbent
Board”) cease for any reason to constitute at least a majority thereof, provided that any
person becoming a director subsequent to such date whose election, or nomination for
election by the Company’s shareholders, was (A) approved by a vote of at least
three-quarters of the directors comprising the Incumbent Board (either by a specific vote or
by approval of the proxy statement of the Company in which such person is named as a nominee
of the Company for director) or (B) made in accordance with Section 2.01 of the Governance
Agreement, but excluding for this purpose any such individual whose initial assumption of
office occurs as a result of either an actual or threatened election contest (as such terms
are used in Rule 14a-11 of Regulation 14A promulgated under the Exchange Act) or other
actual or threatened solicitation of proxies or consents by or on behalf of an individual,
corporation, partnership, group, associate or other entity or “person” other than the Board,
shall be, for purposes of this paragraph (ii), considered as though such person were a
member of the Incumbent Board; or

     (iii)       the approval by the shareholders of the Company of a plan or agreement
providing (A) for a merger or consolidation of the Company other than with a wholly-owned
Subsidiary and other than a merger or consolidation that would result in the voting
securities of the Company outstanding immediately prior thereto continuing to represent
(either by remaining outstanding or by being converted into voting securities of the
surviving entity) more than fifty percent (50%) of the combined voting power of the voting
securities of the Company or such surviving entity outstanding immediately after such merger
or consolidation, or (B) for a sale, exchange or other disposition of all or substantially
all of the assets of the Company, other than any such transaction where the transferee of
all or substantially all of the assets of the Company is a wholly owned subsidiary or an
entity more than fifty percent (50%) of the combined voting power of the voting securities
of which is represented by voting securities of the Company outstanding immediately prior to
the transaction (either remaining outstanding or by being converted into voting securities
of the transferee entity). If any of the events enumerated in this paragraph (iii) occur,
the Board shall determine the effective date of the Change of Control resulting therefrom
for purposes of the Plan or the Grants hereunder.

Section 8.4 — Compliance with Section 409A of the Code

     The Plan is intended to comply with Section 409A of the Code and shall be construed and
interpreted in accordance with such intent. Each payment pursuant to this Plan shall be considered
a separate payment and not one of a series of payments for purposes of Section 409A of the Code.

- 13 -

 

Section 8.5 — Titles

     Titles are provided herein for convenience only and are not to serve as a basis for
interpretation or construction of the Plan.

Section 8.6 — Pronouns

     The masculine pronoun shall include the feminine and neutral and the singular shall include
the plural, where the context so indicates.

Section 8.7 — Governing Law

     All questions arising in respect of the Plan, including those pertaining to its validity,
interpretation and administration, shall be governed, controlled and determined in accordance with
the applicable provisions of federal law and, to the extent not preempted by federal law, the laws
of the State of North Carolina.

- 14 -exv10w13

Exhibit 10.13

EMPLOYMENT SEPARATION AGREEMENT, WAIVER AND RELEASE

     THIS EMPLOYMENT SEPARATION AGREEMENT, WAIVER AND RELEASE (hereinafter “Agreement”) is made and
entered into by and between LANDSTAR SYSTEM, INC. (hereinafter referred to as “Company”) which term
shall include its subsidiaries and affiliates, and their directors, officers, attorneys,
representatives, employees, agents, successors and assigns, and JAMES M. HANDOUSH, and his heirs,
assigns, executors and administrators (collectively referred to as “Employee”).

     WHEREAS, Company and Employee desire to amicably end their employment relationship and to
fully and finally settle all existing or potential claims, whether known or unknown, that Employee
has, had or may have had against Company at any time on or prior to the effective date of this
Agreement;

     NOW, THEREFORE, the parties hereby agree as follows:

     1. Obligations of Company. In consideration of Employee’s agreement to the terms
herein, Company shall provide to Employee the following, which Company is not otherwise legally
obligated to provide:

	 	(a)	 	Company will pay Employee one (1) year’s pay as wages in lieu of
notice in the gross amount of TWO HUNDRED AND TWENTY THOUSAND and 00/100 dollars
($220,000.00), less standard payroll deductions. This sum shall be payable for
the time period of February 1, 2011-January 31, 2012 by payroll checks made
payable to Employee in four (4) equal quarterly installments of FIFTY-FIVE
THOUSAND and 00/100 dollars ($55,000.00), with the first quarterly installment
to be mailed to Employee within ten (10) business days of the expiration of the
revocation period specified in paragraph 9 of this Agreement; and the remaining
quarterly installments to be mailed to Employee on or before the following
dates: July 31, 2011, October 31, 2011, and January 31, 2012. Provided,
however, that it is agreed that if Employee requests and is granted written
approval as provided in paragraph 3. below to become involved with a competing
business and Employee’s services commence with such business on or before
January 31, 2012, the payments under this paragraph 1.(a) will be proportionally
reduced so that no payment will be made for the time period of involvement with
such competing business prior to January 31, 2012.
	 
	 	(b)	 	On February 1, 2011, Company will deliver a check to Employee in
the gross amount of $224,259 less standard payroll deductions. Such amount
represents Employee’s 2010 4th quarter and year end discretionary
bonus payment (calculated based upon a total bonus amount of $270,249 less
$45,990 already paid to Employee). On

 

 

	 	 	 	February 1, 2011, Company will also deliver to Employee a check representing
Employee’s final paycheck for work performed through January 31, 2011.
	 
	 	(c)	 	Company will pay Employee the gross sum of SEVENTEEN THOUSAND
SEVEN HUNDRED AND SIXTY NINE and 15/100 dollars ($17,769.15), less standard
payroll deductions, in lieu of 20 days of accrued and unused vacation and one
floating holiday. This sum shall be payable by payroll check made payable to
Employee and mailed to Employee within ten (10) business days of the expiration
of the revocation period specified in paragraph 9 of this Agreement.
	 
	 	(d)	 	Company agrees not to contest any claim by Employee for
unemployment compensation benefits.
	 
	 	(e)	 	Should Employee timely elect to continue group health insurance
coverage pursuant to his rights under COBRA, Company will pay Employee’s premium
for this COBRA continuation coverage for a period of 12 months following
Employee’s termination or until Employee becomes covered under another group
health insurance plan offered by a subsequent employer, whichever occurs first.
	 
	 	(f)	 	Money held under the Landstar System, Inc. 401(k) Savings Plan
will be administered in accordance with the terms of that Plan.
	 
	 	(g)	 	Money held under the Landstar System, Inc. Supplemental Executive
Retirement Plan will be administered in accordance with the terms of that Plan.
	 
	 	(h)	 	Stock options and restricted stock, in each case as vested as of
February 1, 2011, will be administered under the terms of the Amended and
Restated Landstar System, Inc. 2002 Employee Stock Option and Stock Incentive
Plan.

     2. Obligations of Employee. In consideration of the foregoing special separation
arrangements provided by Company, Employee agrees as follows:

	 	(a)	 	Employee acknowledges he has been separated from his employment
with Company effective February 1, 2011.
	 
	 	(b)	 	Employee waives, and releases Company from, any claims,
demands, damages, lawsuits, obligations, promises, administrative actions,
charges, and causes of action, both known and unknown, in law or in equity, of
any kind whatsoever, including, but not limited to, all matters relating to or
arising out of Employee’s employment with
Company, compensation by Company, or separation from employment by

 

 

	 	 	 	Company.
This Waiver and Release covers any causes of action or claims under Title
VII of the Civil Rights Act of 1964, as amended; the Employee Retirement
Income Security Act of 1974 (“ERISA”), as amended; the Age Discrimination in
Employment Act of 1967 (“ADEA”), as amended; the Civil Rights Act of 1866,
as amended; the Americans with Disabilities Act of 1990; the Family and
Medical Leave Act of 1993; Executive Orders 11246 and 11478; the National
Labor Relations Act, as amended; the Fair Labor Standards Act of 1938, as
amended; the Equal Pay Act of 1963, as amended; the Consolidated Omnibus
Budget Reconciliation Act of 1984 (“COBRA”), as amended; the Sarbanes-Oxley
Act of 2002; the Florida Civil Rights Act of 1992, as amended; Fla. Stat. §§
448.101-448.104; Fla. Stat. § 440.205; and any other state, federal or local
law, ordinance or constitutional provision, and any claims or causes of
action founded in tort (including negligence or intentional torts), contract
(oral, written, or implied), or any other common law or equitable basis of
action.
	 
	 	(c)	 	Employee shall not disclose, either directly or indirectly, any
information whatsoever regarding any of the terms or the existence of this
Agreement or of any other claim Employee has, had, or may have had against
Company, to any person or organization, including, but not limited to, members
of the press and media, present and former employees of Company, past, current
or prospective clients, customers or agents of Company, companies which do
business with Company, or other members of the public. The only exceptions to
Employee’s promise of confidentiality herein is that Employee may reveal such
terms of this Agreement as are necessary to comply with a request made by the
Internal Revenue Service, as otherwise compelled by a court or agency of
competent jurisdiction, or as necessary to comply with requests from Employee’s
accountants or attorneys for legitimate business purposes. Each breach by
Employee of this promise of confidentiality shall be a material breach of this
Agreement, for which the parties agree that Company would suffer irreparable
damage to its reputation.
	 
	 	(d)	 	Employee agrees to refrain from expressing (or causing others
to express) to any third party, any derogatory or negative opinions, comments,
or statements concerning Company, including to friends, employees, clients,
customers, agents, contractor, suppliers, vendors or members of the press or
media.
	 
	 	(e)	 	Nothing in this Agreement shall preclude Employee from filing a
charge or complaint of discrimination or retaliation with Equal Employment
Opportunity Commission (“EEOC”) or any other federal,
state or local governmental agency or department, nor shall anything in this
Agreement be construed to preclude or impose any condition

 

 

	 	 	 	precedent, any
penalty or any other limitation adversely affecting Employee’s right to
challenge the validity of his waiver of claims under the Age Discrimination
in Employment Act. Employee, however, represents that, while he is not
legally barred from doing so, he has not filed and does not intend to file
any complaints or charges of discrimination or retaliation with EEOC or any
federal, state or local agency and he understands that the Company has
relied on his representation in this paragraph in agreeing to perform the
payment obligations in paragraph 1 of this Agreement. Employee further
agrees that, with respect to the claims he is waiving in this Agreement,
Employee is waiving his right to recover monetary damages, reinstatement or
any other damages or relief based on any complaint or charge of
discrimination or retaliation filed by Employee or by any person or entity
on his behalf, including, but not limited to, EEOC or any other federal,
state or local governmental agency or department. Employee further
acknowledges that he is not aware of any factual or legal basis to support
any such claims.
	 
	 	(f)	 	Employee agrees, for a two year period following his
termination of Employment with Company, to cooperate with the Company and its
attorneys, including, but not limited to, making himself available at
reasonable times to meet with the Company and/or its attorneys, for the purpose
of assisting the Company and/or its attorneys in conducting Company’s business
and in addressing matters, including, but not limited to matters in litigation
and matters that may become the subject of litigation, that arose during
Employee’s employment with Company or in any way concern Employee’s performance
of duties on behalf of Company during Employee’s employment with Company.
	 
	 	(g)	 	Employee agrees to comply with the Restrictive Covenants set
forth in paragraphs 3 of this Agreement.

     3. Restrictive Covenants.

	 	(a)	 	Employee acknowledges that, in his position as Vice President
and Co-Chief Operating Officer of Company and in earlier positions Employee
held with Company, Employee had access to and knowledge of detailed
confidential and proprietary information of and concerning Company, including,
but not limited to, Company’s business and its strategic plans, knowledge of
customers, customer lists, customer needs, agents, agent needs, agent lists,
computer programs, pricing, organization, rail and vendor contracts, business
processes, business methods, business transactions and
negotiations, other business operations, actual or potential claims by or
against Company, and actual, anticipated or threatened litigation concerning
Company (“collectively referred to as “Confidential

 

 

	 	 	 	Business Information”).
Employee agrees that Employee’s unauthorized use or disclosure of the
Company’s Confidential Business Information would cause irreparable harm to
the Company.
	 
	 	(b)	 	Employee recognizes that all of the documents and other
tangible items which contain any of Company’s Confidential Information are
Company’s property exclusively, including any items which Employee may have
developed or contributed to developing while working for Company.
	 
	 	(c)	 	Employee recognizes that all files, records, computer programs,
memoranda, materials, information, manuals, keys, credit cards, passwords,
technical notes and equipment Company has provided to Employee are also the
property of Company exclusively. All items described in this and the preceding
paragraphs are hereafter collectively referred to as “Company’s Property.”
	 
	 	(d)	 	Employee shall immediately:

	 	(i)	 	Refrain from taking any of Company’s Property
or allowing any of Company’s Property to be taken from Company’s
premises;
	 
	 	(ii)	 	Refrain from reproducing in any manner or
allowing to be reproduced any of Company’s Property or any information
contained therein;
	 
	 	(iii)	 	Refrain from removing any such reproduction
from Company’s premises; and
	 
	 	(iv)	 	Return to Company any original or reproduction
of Company’s Property in his possession.

	 	(e)	 	Unless Employee receives Company’s advance written consent as
described in paragraph 3(k) of this Agreement, for the remainder of Employee’s
employment with Company and for a period of one (1) year following Employee’s
February 1, 2011 termination from employment with Company, Employee shall not,
anywhere within the United States of America or Canada, either directly or
indirectly, either on his own behalf or on behalf of another individual or
business, engage in the following activities, or assist others in such
activities:

	 	(i)	 	Hiring, recruiting, or attempting to recruit,
for any business which competes with Company, or otherwise becoming
associated in such a business with, any person working for or employed
by Company or working for or employed by 

 

 

	 	 	 	Company at any time during the
twelve (12) months before Employee’s termination of his employment with
Company;
	 
	 	(ii)	 	Hiring, contracting with, recruiting, or
attempting to recruit, for any business which competes with Company, or
otherwise becoming associated in such a business with, any agent or
other independent contractor performing services for Company at any
time during the twelve (12) months before Employee’s termination of his
employment with Company;
	 
	 	(iii)	 	Soliciting any business from any of Company’s
current or prospective customers or agents. For purposes of this
Agreement, a prospective customer or agent is defined as any individual
or entity Company has actively solicited, planned to solicit, or
provided services to, during the twelve (12) months before Employee’s
termination of his employment with Company; and
	 
	 	(iv)	 	Entering into, engaging in, being employed by,
being connected to, consulting for, or possessing or acquiring any
direct or indirect ownership interest in any business which competes
with any business conducted by Company or any business planned to be
conducted by Company at the time of Employee’s termination from
Company.

	 	(f)	 	At no time during the remainder of Employee’s employment with
Company or at any time following the termination of Employee’s employment with
Company shall Employee disclose to any third party any of Company’s
Confidential Information without Company’s express written authorization as
provided in paragraph 3(k) of this Agreement, or unless compelled to do so by a
court or agency of competent jurisdiction provided, upon being served with any
order or subpoena compelling such disclosure, Employee shall promptly notify
Company’s President to allow Company to determine whether to seek an order
quashing or vacating any such order or subpoena.
	 
	 	(g)	 	The parties to this Agreement recognize that irreparable harm
would result from any breach by Employee of the covenants of this Agreement and
that monetary damages alone would not provide adequate relief for any such
breach. Accordingly, in addition to any other remedy which may be available to
Company, if Employee
breaches a restrictive covenant in this Agreement, the parties acknowledge
that injunctive relief in favor of Company is proper.

 

 

	 	(h)	 	If Employee breaches a covenant containing a specified term,
the term shall be extended by the period of time between Employee’s termination
of his relationship with Company and the date a court of competent jurisdiction
enters an injunction restraining further breach of the covenant.
	 
	 	(i)	 	If Company determines that Employee has breached any
Restrictive Covenant in this Agreement, Employee shall make himself available
for service of process within the State of Florida.
	 
	 	(j)	 	If a court of competent jurisdiction determines that any of the
restrictions in this Agreement are overbroad, Employee shall agree to
modification of the affected restriction(s) to permit enforcement to the
maximum extent allowed by law.
	 
	 	(k)	 	A consent which purports to waive or modify any of Employee’s
obligations under this Agreement or any other modification of this Agreement
shall be ineffective unless it is set forth in writing and signed by Company’s
Chief Executive Officer. With respect to the restrictions contained in
subparagraph 3.(e) above, it is agreed that Employee may request permission to
work with, or directly or indirectly assist, a business that provides services
in the transportation, logistics and/or supply chain sector(s). Company, in
turn, agrees to reasonably consider any such request by Employee for a written
consent and agrees not to impose any unreasonable conditions upon any such
consent. However, it is specifically recognized and agreed that it will not be
unreasonable for Company to withhold consent with respect to any such request
that would enable Employee to work with or directly or indirectly assist a
business that utilizes, or is considering utilizing, a network of sales agents
that competes with or is in any way similar in structure to the network of
sales agents under contract to Company.
	 
	 	(l)	 	The parties acknowledge that the restrictive covenants in this
paragraph are essential independent elements of this Agreement and that, but
for Employee agreeing to comply with them, Company would not have entered into
this Agreement with Employee. Accordingly, the Restrictive Covenants set forth
in this Agreement shall be construed as agreements independent of any other
provision in any other agreement by, between, among, or affecting Company and
Employee, and the existence of any claim or cause of action of Employee against
Company, whether predicated on this Agreement or otherwise, shall not
constitute or operate as a defense to
Company’s enforcement of any of the Restrictive Covenants contained in this
Agreement.

 

 

	 	(m)	 	It is expressly agreed that the Restrictive Covenants in this
paragraph shall survive the February 1, 2011 termination of Employee’s
employment with Company.
	 
	 	(n)	 	If any provision of this Agreement is declared invalid or
unenforceable by a court of competent jurisdiction, the remaining provisions
shall remain in full force and effect and shall be construed to effectuate the
purpose and intent of this Agreement.

     4. Non-Admission. Neither this Agreement, nor anything contained herein, is to be
construed as an admission by Company or Employee of any liability, wrongdoing, or unlawful conduct
whatsoever and the parties hereto specifically deny same.

     5. Entire Agreement. This Agreement contains the entire understanding and agreement
between the parties and shall not be modified or superseded except upon express written consent of
the parties to this Agreement. Employee represents and acknowledges that, in executing this
Agreement, he does not rely and has not relied upon any representation or statement made by Company
or its agents, representatives, or attorneys which is not set forth in this Agreement. Except for
the Indemnification Agreement, dated August 2, 2005, by and between the Company and the Employee,
this Agreement supersedes and renders null and void any prior agreements, written or oral, express
or implied between Company and Employee, including, without limitation, the Arbitration Agreement,
dated February 27, 2007, by and between the Company and Employee.

     6. Agreement Not to be Used as Evidence. This Agreement shall not be admissible as
evidence in any proceeding, except in any action in which a party to this Agreement seeks to
enforce this Agreement or alleges this Agreement has been breached.

     7. Attorneys’ Fees. Employee or Company shall be entitled to an award of costs and
attorneys’ fees, including any costs and attorneys’ fees on appeal, as prevailing party in any
action to enforce the terms of this Agreement (including seeking injunctive relief or rescission),
or to defend a claim, lawsuit or other type of action which has been waived herein.

     8. Opportunity to Consider and Confer. Company has advised Employee of Employee’s
right to consult with an attorney prior to executing this Agreement, and Employee acknowledges that
he has been given a period of 21 days within which to consider this Agreement. Employee and
Company acknowledge that each has had the opportunity to read, study, consider, and deliberate upon
this Agreement, have been given the opportunity to consult with an attorney or an otherwise
competent representative, and both parties fully understand and are in complete agreement with all
of the terms of this
Agreement. Accordingly, this Agreement having been mutually negotiated by the parties, no
term of this Agreement shall be construed against either party.

 

 

     9. Revocation Period/Effective Date. After signing this Agreement, Employee has a
period of seven (7) calendar days after the date of signing the Agreement during which he may
revoke this Agreement. Provided Employee does not exercise this revocation option within this
seven (7) day revocation period, this Agreement shall become effective upon the expiration of the
seven (7) day revocation period.

     10. Arbitration. Any dispute between the parties, except an action for injunctive or
other equitable relief (including, without limitation, any action arising under paragraph 3 of this
Agreement), which cannot be resolved by agreement of the parties, shall be fully and finally
resolved by binding arbitration before a single arbitrator appointed by, and proceeding under, the
rules of the American Arbitration Association. The parties agree that no class or consolidated
arbitration will be allowed under this Agreement. In the event any class action arbitration is
deemed to be arbitrable under this Agreement, then, in that event, the parties agree that this
arbitration clause shall be disregarded in its entirety and the parties shall litigate their
disputes subject to the jurisdiction and venue provisions set forth in paragraph 11 of this
Agreement. A demand for arbitration shall be filed with the American Arbitration Association and
served upon the other party no later than one (1) year after the dispute arises or the claim
accrues, whichever is sooner. The failure to file said demand within the one (1) year period shall
be deemed a full waiver and release of the claim. Any arbitration proceeding shall be kept
confidential by Employee and Company, and the parties agree that information regarding any
arbitration proceeding shall not be disclosed to third parties without the prior written consent of
the other party. Employee and Company agree to be fully and finally bound by the arbitration
award, and that judgment may be entered on the award in any court having jurisdiction thereof.

     11. Applicable Law, Jurisdiction And Venue. The laws of the State of Florida shall
govern the construction of this Agreement and performance of Company and Employee under this
Agreement without regard to the conflict of laws or choice of law rules of such state. Any
arbitration demanded by either party concerning this Agreement shall be conducted in the City of
Jacksonville, Duval County, Florida. Company and Employee hereby expressly consent to the
exclusive jurisdiction and venue of the state and federal courts situated in the county of Duval,
City of Jacksonville, State of Florida, for any injunctive relief hereunder and for any litigation
arising under this Agreement that is not subject to arbitration pursuant to the provisions of
paragraph 10 of this Agreement.

 

 

     IN WITNESS WHEREOF, and intending to be legally bound, LANDSTAR SYSTEM, INC., by its
authorized representative, and JAMES M. HANDOUSH, execute this Employment Separation Agreement,
Waiver and Release, consisting of ten (10) pages (including this signature page) and including
eleven (11) enumerated paragraphs, by signing below voluntarily and with full knowledge of the
significance of all of its provisions.

PLEASE READ CAREFULLY. THIS EMPLOYMENT SEPARATION AGREEMENT, WAIVER AND RELEASE INCLUDES A RELEASE
OF ALL KNOWN AND UNKNOWN CLAIMS.

     Executed at Jacksonville, Duval County, Florida, this 25th  day of January, 2011.

	 	 	 	 	 	 	 
	/s/ [illegible]	 	 	/s/ James M. Handoush
	Witness as to James M. Handoush	 	 	JAMES M. HANDOUSH

     Executed at Jacksonville, Duval County, Florida, this 26th day of January,
2011.

	 	 	 	 	 	 	 

	 	 	 	 	 	LANDSTAR SYSTEM, INC.
	 
	/s/ Joan Norve	 	By: 	 /s/ Michael K. Kneller
	Witness as to Landstar System, Inc.	 	 	Michael K. Kneller
	 
	 	 	 	 	Its: 	Vice President, General Counsel
	 	 	 	 	 	and Secretary

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