Document:

Exhibit 10.1

                                  AMENDMENT TO
                            THE CARNIVAL CORPORATION
                          NONQUALIFIED RETIREMENT PLAN
                        FOR HIGHLY COMPENSATED EMPLOYEES

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      Carnival Corporation Nonqualified Retirement Plan For Highly Compensated
Employees (the "Plan") is hereby amended, effective January 1, 2003, as follows:

(1)   Section 1.9 of the Plan is amended to read as follows:

      1.9   Compensation - all cash remuneration paid or made available for any
            Plan Year by an Employer to an Employee for the Employee's services
            as salary, wages, commissions and including (a) bonuses (including
            deferred bonus amounts earned but not received during the Plan
            Year), (b) pay at premium rates (holiday, overtime or other), (c)
            workers' compensation payments made by the Employer, (d) any amounts
            contributed on behalf of the Employee to a cafeteria plan or cash or
            deferred arrangement and not includible in income under Section 125
            or 402(g) of the Internal Revenue Code and (e) and amounts
            (including bonuses) deferred under The Carnival Corporation "Fun
            Ship" Qualified and Nonqualified Savings Plans, but excluding (1)
            any other amounts paid for that Plan Year on account of the Employee
            under this Plan or under any other employee pension benefit plan (as
            defined in Section 3(2) of ERISA), (2) any other amounts which are
            not includible in the Employee's income for federal income tax
            purposes and (3) any income attributable to the Company's stock
            programs or other fringe benefit programs. Employee's Compensation
            shall not exceed the maximum compensation rate under section
            401(a)(17) of the Code (determined without regard to the reduction
            to $150,000 (i.e., $250,000 for 1996)) as further indexed for cost
            of living by reference to the annual percentage change of the CPI-U,
            U.S. City Average, All Items (non-seasonally adjusted) for the
            period from August to August of the preceding year (i.e. the annual
            change published in September of the year prior to the year the
            compensation limit is in effect). Effective for Eligible Employees
            (other than Eligible Employees who are participating in The Carnival
            Corporation "Fun Ship" Nonqualified Savings Plan and receiving
            Company contributions under that plan) who are actively employed by
            an Employer (which solely for this purpose shall include Eligible
            Employees employed within the controlled group of the Company as
            determined under Sections 414(b), (c) or (m) of the Internal Revenue
            Code) on or after December 20, 2002, an Eligible Employee's
            Compensation for periods on and after January 1, 1989 shall not be
            limited by the preceding sentence with the exception of Michael
            Arison whose compensation shall remain subject to such maximum
            compensation limit as indexed.Exhibit 10.2

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Carnival Corporation & plc             Issue Date:   February 21, 2006
CORPORATE AVIATION                     Approved by:  Carnival Corporation & plc
ADMINISTRATIVE POLICY STATEMENT                      Compensation Committee

2. USE OF CARNIVAL CORPORATION &
   PLC ("Company") AIRCRAFT
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      1.0   PURPOSE

      1.1   To establish procedures and controls as to the authorized use of the
            Company's aircraft.

      2.0   SCOPE

      2.1   This policy applies to all Company owned or chartered aircraft,
            including short-term charter arrangements.

      3.0   PROCEDURE

      3.1   Each usage of the Company aircraft requires the written pre-approval
            of the Carnival Corporation & plc Chairman of the Board of Directors
            ("Chairman") or Vice Chairman of the Board of Directors ("Vice
            Chairman").

      3.2   For each flight an onboard travel form must be completed and signed
            by the Chairman, Vice Chairman or the Chief Pilot, if neither one of
            them is onboard. This travel form will indicate, among other things,
            the purpose of the trip, identification of all passengers, including
            whether business or personal, tax responsible person for personal
            guests, etc. All personal travel will be reported as taxable
            compensation to the responsible person in accordance with the IRS
            rules and regulations (see section 5).

      3.3   The Company's aircraft can only be used for business purposes,
            except as noted below. Only the Company's Chairman and Vice Chairman
            (with the authorization of the Chairman) are authorized to use the
            aircraft for personal travel, and can be accompanied by their
            guests, provided the Chairman has approved such use in advance. Any
            personal use of the aircraft, under the rare circumstance when the
            Chairman or Vice Chairman are not on board, is limited to persons
            specifically authorized by the Chairman.

      4.0   RESPONSIBILITY FOR COMPLIANCE

      4.1   The Aviation Department Chief Pilot is responsible for obtaining the
            appropriate written approvals from the Chairman or Vice-Chairman.
            The Chairman and Vice Chairman are responsible for compliance with
            this policy.

      5.0   PERSONAL USE

      5.1   No pre-determined annual limit for personal use of the Company
            aircraft shall apply to the Chairman or Vice Chairman.

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      5.2   Personal use of the Company aircraft is required to be reported in
            the Company's annual proxy statement/remuneration report and may be
            taxable, as appropriate. Such amounts of personal use shall be
            calculated utilizing an approved formula for calculating incremental
            costs for such personal usage. This shall be calculated by the
            Finance Department and generally includes the following:

            a.    Fuel and lube;

            b.    Maintenance and pre-flight inspections;

            c.    Cabin consumables;

            d.    Catering; and

            e.    Other flight expenses, including but not limited to: airport
                  handling, routine maintenance, aircraft certification, crew
                  accommodations, and crew per diems.

--------------------------------------------------------------------------------Exhibit 10.3

                                 C A R N I V A L
                                       plc

                      Carnival plc 2005 Employee Share Plan
                                   (the Plan)

     Restricted Share Unit Award Certificate - Conditional Right to Receive

This is to certify that the Compensation Committee of the Board of Carnival plc
(the Company) has on [DATE] granted to you, [NAME], an award of [#RSUs]
Restricted Share Units (the Award) pursuant to rule 9.1 of the Plan which is in
the form of a conditional allocation of shares in the Company. The detailed
terms governing the Award are set out in the rules of the Plan which are legally
binding and are deemed to be incorporated in this Agreement. In the event of any
inconsistency the rules of the Plan shall take precedence. Terms defined in the
rules of the Plan have the same meaning in this Agreement.

Terms of the Award

Each Restricted Share Unit comprised in your Award is equivalent to a
hypothetical investment in one ordinary share of $1.66 each in the capital of
the Company (a Share). Your Award is in the form of a conditional allocation of
Shares that will be of no effect until expiry of the Restricted Period and
attainment of certain vesting criteria. Terms defined in the rules of the Plan
have the same meaning in this Agreement.

Your Award is subject to a Restricted Period. In this case the Restricted Period
commenced on the Date of Grant of the Award and expires on [RESTRICTED PERIOD
END DATE] unless release of the Award would be prohibited by law, the Model Code
for Securities Transactions by Directors of Listed Companies or the Company's
dealing rules in which case the period during which the Award shall be released
will be extended by an additional period equal to the length of the period of
prohibition and the Award shall not be released until the expiry of such
additional period).

You will have no beneficial interest in any Shares during the Restricted Period.

Restricted Period

Generally, your Award will be forfeited automatically on you ceasing to be an
employee of the plc Group (whether lawfully or unlawfully) before the expiry of
the Restricted Period. The rules of the Plan do allow certain exceptions to
this, such as cessation of employment by reason of retirement. Further, the
rules of the Plan also permit the Award to vest on death in certain
circumstances.

Release of Award

Following expiration of the Restricted Period and attainment of the vesting
criteria set out in the Vesting Schedule contained in the Appendix to this
Agreement the Company shall procure the delivery to you of one Share for each
Restricted Share Unit which has vested save where the release of the Award would
be prohibited by law, the Model Code for Securities Transactions by Directors of
Listed Companies or the Company's dealing rules in which case the period during
which the Award shall be released will be extended by an

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additional period equal to the length of the period of prohibition and the Award
shall not be released until the expiry of such additional period.

Dividends

The Remuneration Committee has determined that on each occasion on which a
dividend is paid in respect of one Share, a notional amount of cash and shares
equal to the cash and share dividend paid in respect of one Share will be
credited to each Restricted Share Unit comprised in your Award (the Dividend
Equivalents). Dividend Equivalents (together with interest) will be withheld by
the Company for your account and will be distributed to you on settlement of
your Award. If your Award is forfeited, you will have no entitlement to such
Dividend Equivalents.

Taxation

Any income tax and employee's National Insurance Contributions, which are due on
vesting of the Award, must be paid under PAYE. You are required under rule 11.4
of the Plan to satisfy any such tax liability and the grant of the Award is
conditional on your compliance with any arrangements specified by the Company
for the payment of tax including employer's National Insurance Contributions.

General

The Award is not transferable otherwise than in the limited circumstances
specified in rule 11 of the Plan. This Agreement is notice of your Award under
the Plan and should be kept in a safe place.

EXECUTED AND DELIVERED      )
AS A DEED BY CARNIVAL PLC   )
ACTING BY A DIRECTOR        )
AND A DIRECTOR              )
OR THE SECRETARY            )

/s/ Howard S. Frank                         /s/ Arnaldo Perez
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Howard S. Frank, Director                   Arnaldo Perez, Secretary

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                                    APPENDIX

                                VESTING SCHEDULE

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