Document:

Form of Indemnification Agreement

 Exhibit 10.5 
 FORM OF INDEMNIFICATION AGREEMENT 
 THIS INDEMNIFICATION AGREEMENT is made and effective as of
September 1, 2009 (this “Agreement”) and is between Accenture International Sàrl, a wholly-owned indirect subsidiary of Accenture plc, a public limited company (the “Company”) (the
“Indemnitor”), and [Name of director/ secretary] (“Indemnitee”). 
 Background 
 The Company believes that in order to attract and retain highly competent
persons to serve as directors or secretary of the Company, it must provide such persons with adequate protection through indemnification against the risks of claims and actions against them arising out of their services to and activities on behalf
of the Company. 
 The Indemnitee has previously served as a [director][secretary] for Accenture Ltd, the publicly-traded holding company for
the Accenture group, which, upon the effectiveness of the scheme of arrangement of Accenture Ltd, will become a wholly owned subsidiary of the Company or is expected to become a new [director][secretary] or the Company. 
 The Company desires and has requested Indemnitee to serve as a [director] [secretary] of the Company and, in order to induce the Indemnitee to serve as a
[director] [secretary] of the Company, the Indemnitor has agreed, on request of the Company and for payment of adequate consideration and other benefits received, to grant the Indemnitee the indemnification provided for herein. Indemnitee is willing
to so serve on the basis that such indemnification be provided. 
 The parties by this Agreement desire to set forth their agreement
regarding indemnification and the advancement of expenses. 
 In consideration of Indemnitee’s service to the Company and the covenants
and agreements set forth below, and for other good and valuable consideration and other benefits received, the receipt and adequacy of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:

 Section 1. Indemnification. To the fullest extent permitted by the General Corporation Law of the State of
Delaware (the “DGCL”) every Indemnitee shall be indemnified out of the funds of the Indemnitor against all liabilities, losses, damages or expenses (including but not limited to liabilities under contract, tort and statute or
any applicable foreign law or regulation and all legal and other costs and expenses properly payable) arising out of the actual or purported execution or discharge of his duties or the exercise or purported exercise of his powers or otherwise in
relation to or in connection with his duties, powers or office as a director or secretary, as applicable, in each case relating to the Company or its subsidiaries. 
 Section 2. Reimbursement; Advance Payment of Expenses. To the extent that the Indemnitee is entitled to claim an indemnity pursuant to this Agreement in respect of an amount paid or
discharged by him, the relevant indemnity shall take effect as an obligation of the Indemnitor to reimburse the person making such payment (including advance payments of fees or other costs) or effecting such discharge. The Indemnitee hereby
undertakes to repay any amounts advanced (without interest) to the extent that it is ultimately determined that Indemnitee is not entitled under this Agreement to be indemnified by the Indemnitor in respect thereof. No other form of undertaking
shall be required of Indemnitee other than the execution of this Agreement. This Section 2 shall be subject to Section 3(b). 

 Section 3. Procedure for Indemnification; Notification and Defense of Claim.

 (a) Promptly after receipt by Indemnitee of notice of the commencement or threatened commencement of any action, suit or proceeding,
Indemnitee shall, if a claim in respect thereof is to be made against the Indemnitor hereunder, notify the Indemnitor in writing of the commencement thereof. The failure to promptly notify the Indemnitor of the commencement of the action, suit or
proceeding, or of Indemnitee’s request for indemnification, will not relieve the Indemnitor from any liability that it may have to Indemnitee hereunder, except to the extent the Indemnitor is actually and materially prejudiced in its defense of
such action, suit or proceeding as a result of such failure. To obtain indemnification under this Agreement, Indemnitee shall submit to the Indemnitor a written request therefor including such documentation and information as is reasonably available
to Indemnitee and is reasonably necessary to enable the Indemnitor to determine whether and to what extent Indemnitee is entitled to indemnification. 
 (b) With respect to any action, suit or proceeding of which the Indemnitor is so notified as provided in this Agreement, the Indemnitor shall, subject to the last two sentences of this paragraph, be entitled to assume
the defense of such action, suit or proceeding, with counsel reasonably acceptable to Indemnitee, upon the delivery to Indemnitee of written notice of its election to do so. After delivery of such notice, approval of such counsel by Indemnitee and
the retention of such counsel by the Indemnitor, the Indemnitor will not be liable to Indemnitee under this Agreement for any subsequently-incurred fees of separate counsel engaged by Indemnitee with respect to the same action, suit or proceeding
unless the employment of separate counsel by Indemnitee has been previously authorized in writing by the Indemnitor. Notwithstanding the foregoing, if Indemnitee, based on the advice of his or her counsel, shall have reasonably concluded (with
written notice being given to the Indemnitor setting forth the basis for such conclusion) that, in the conduct of any such defense, there is or is reasonably likely to be a conflict of interest or position between the Indemnitor and Indemnitee with
respect to a significant issue, then the Indemnitor will not be entitled, without the written consent of Indemnitee, to assume such defense. In addition, the Indemnitor will not be entitled, without the written consent of Indemnitee, to assume the
defense of any claim brought by or in the right of the Indemnitor. 
 (c) To the fullest extent permitted by the DGCL, the Indemnitor’s
assumption of the defense of an action, suit or proceeding in accordance with paragraph 3(b) will constitute an irrevocable acknowledgement by the Indemnitor that any loss and liability suffered by Indemnitee and expenses (including attorneys’
reasonable fees), judgments, fines and amounts paid in settlement by or for the account of Indemnitee incurred in connection therewith are indemnifiable by the Indemnitor under Section 1 of this Agreement. 
  

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 (d) The determination whether to grant Indemnitee’s indemnification request shall be made promptly
and in any event within 30 days following the Indemnitor’s receipt of a request for indemnification in accordance with Section 3(a). If the Indemnitor determines that Indemnitee is entitled to such indemnification or, as contemplated by
paragraph 3(c) the Indemnitor has acknowledged such entitlement, the Indemnitor will make payment to Indemnitee of the indemnifiable amount within such 30 day period. If the Indemnitor is not deemed to have so acknowledged such entitlement or the
Indemnitor’s determination of whether to grant Indemnitee’s indemnification request shall not have been made within such 30 day period, the requisite determination of entitlement to indemnification shall nonetheless be deemed to have been
made and Indemnitee shall be entitled to such indemnification, absent (i) a misstatement by Indemnitee of a material fact, or an omission of a material fact necessary to make Indemnitee’s statement not materially misleading, in connection
with the request for indemnification, or (ii) a prohibition of such indemnification under the DGCL. 
 (e) In the event that
(i) the Indemnitor determines in accordance with this Section 3 that Indemnitee is not entitled to indemnification under this Agreement, (ii) the Indemnitor denies a request for indemnification, in whole or in part, or fails to
respond or make a determination of entitlement to indemnification within 30 days following receipt of a request for indemnification as described above, (iii) payment of indemnification is not made within such 30 day period,
(iv) advancement of expenses is not timely made in accordance with Section 2, or (v) the Indemnitor or any other person takes or threatens to take any action to declare this Agreement void or unenforceable, or institutes any
litigation or other action or proceeding designed to deny, or to recover from, the Indemnitee the benefits provided or intended to be provided to Indemnitee hereunder, Indemnitee shall be entitled to an adjudication in any court of competent
jurisdiction of his or her entitlement to such indemnification or advancement of expenses. Indemnitee’s actual expenses (including attorneys’ fees) incurred in connection with successfully establishing Indemnitee’s right to
indemnification or advancement of expenses, in whole or in part, in any such proceeding or otherwise shall also be indemnified by the Indemnitor to the fullest extent permitted by the DGCL. 
 (f) Indemnitee shall be presumed to be entitled to indemnification and advancement of expenses under this Agreement upon submission of a request therefor
in accordance with Section 2 or Section 3 of this Agreement, as the case may be. The Indemnitor shall have the burden of proof in overcoming such presumption, and such presumption shall be used as a basis for a determination of entitlement
to indemnification and advancement of expenses unless the Indemnitor overcomes such presumption by clear and convincing evidence. 
 Section 4. Insurance and Subrogation. 
 (a) The rights to indemnification and reimbursement of expenses
provided by this Agreement are in addition to any other rights to which the Indemnitee may be entitled. The Company or the Indemnitor may purchase and maintain a policy or policies of insurance, providing Indemnitee with coverage for any liability
asserted against, and incurred by, Indemnitee or on Indemnitee’s behalf in or arising out of the actual or purported execution or discharge of his duties or the exercise or purported exercise of his powers or otherwise in relation to or in
connection with his duties, powers or office. 
  

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 (b) In the event of any payment by the Indemnitor under this Agreement, the Indemnitor shall be
subrogated to the extent of such payment to all of the rights of recovery of Indemnitee with respect to any insurance policy. Indemnitee shall execute all papers required and take all action necessary to secure such rights, including execution of
such documents as are necessary to enable the Indemnitor to bring suit to enforce such rights in accordance with the terms of such insurance policy. The Indemnitor shall pay or reimburse all expenses actually and reasonably incurred by Indemnitee in
connection with such subrogation. 
 (c) The Indemnitor shall not be liable under this Agreement to make any payment of amounts otherwise
indemnifiable hereunder (including, but not limited to, judgments, fines and amounts paid in settlement, and ERISA excise taxes or penalties) if and to the extent that Indemnitee has otherwise actually received such payment under this Agreement or
any insurance policy, contract, agreement or otherwise. 
 Section 5. Certain Definitions. For purposes of this Agreement,
the following definitions shall apply: 
 (a) The term “action, suit or proceeding” shall be broadly construed and
shall include, without limitation, the investigation, preparation, prosecution, defense, settlement, arbitration and appeal of, and the giving of testimony in, any threatened, pending or completed claim, action, suit, arbitration, alternative
dispute mechanism or proceeding, whether civil, criminal, administrative or investigative. 
 (b) The term “expenses”
shall be broadly construed and shall include, without limitation, all direct and indirect costs of any type or nature whatsoever (including, without limitation, all attorneys’ fees and related disbursements, appeal bonds, other out-of-pocket
costs), actually and reasonably incurred by Indemnitee in connection with either the investigation, defense or appeal of an action, suit or proceeding or establishing or enforcing a right to indemnification under this Agreement or otherwise incurred
in connection with a claim that is indemnifiable hereunder. 
 (c) The term “judgments, fines and amounts paid in
settlement” shall be broadly construed and shall include, without limitation, all direct and indirect payments of any type or nature whatsoever, as well as any penalties or excise taxes assessed on a person with respect to an employee
benefit plan. 
 Section 6. Certain Settlement Provisions. The Indemnitor shall have no obligation to indemnify Indemnitee
under this Agreement for any amounts paid in settlement of any action, suit or proceeding without the Indemnitor’s prior written consent. The Indemnitor shall not settle any action, suit or proceeding in any manner that would impose any fine or
other obligation or restriction on Indemnitee or require Indemnitee to admit liability or wrongdoing without Indemnitee’s prior written consent. Neither the Indemnitor nor Indemnitee will unreasonably withhold his, her, its or their consent to
any proposed settlement. 
  

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 Section 7. Savings Clause. If any provision or provisions (or portion thereof) of this
Agreement shall be invalidated on any ground by any court of competent jurisdiction, then the Indemnitor shall nevertheless indemnify Indemnitee if Indemnitee was or is made or is threatened to be made a party or is otherwise involved in any
threatened, pending or completed action, suit or proceeding (brought in the right of the Indemnitor or otherwise), whether civil, criminal, administrative or investigative and whether formal or informal, including appeals, by reason of the fact that
Indemnitee is or was or has agreed to serve as a director or secretary of the Company, or while serving as a director or secretary of the Company or by reason of any action alleged to have been taken or omitted in such capacity, from and against all
loss and liability suffered and expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement reasonably incurred by or on behalf of Indemnitee in connection with such action, suit or proceeding, including any appeals,
to the fullest extent permitted by any applicable portion of this Agreement that shall not have been invalidated. 
 Section 8.
Severability. If any provision of this Agreement or the application thereof to any person or circumstance is held to be invalid, illegal or unenforceable in any applicable jurisdiction, the parties hereto agree, to the fullest extent
permitted by applicable law, that (i) the validity, legality and enforceability of the other provisions in such jurisdiction shall not be affected or impaired thereby, (ii) any such invalidity, illegality or unenforceability shall not
render such provision invalid, illegal, or unenforceable in any other jurisdiction and (iii) they will negotiate an amendment to such provision in such manner that it becomes valid and enforceable without affecting the original intent of the
parties or the economic purpose and effect thereof. 
 Section 9. Contribution. In order to provide for just and equitable
contribution in circumstances in which the indemnification provided for herein is held by a court of competent jurisdiction to be unavailable to Indemnitee in whole or in part, it is agreed that, in such event, the Indemnitor shall, to the fullest
extent permitted by law, contribute to the payment of all of Indemnitee’s loss and liability suffered and expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement reasonably incurred by or on behalf of
Indemnitee in connection with any action, suit or proceeding, including any appeals, in an amount that is just and equitable in the circumstances; provided that, without limiting the generality of the foregoing, such contribution shall not be
required where such holding by the court is due to any limitation on indemnification set forth in Section 4(c) or Section 6 hereof. 
 Section 10. Form and Delivery of Communications. All notices, requests, demands and other communications under this Agreement shall be in writing and shall be deemed to have been duly given if (a) delivered by hand,
upon receipt by the party to whom such notice or other communication shall have been directed, (b) mailed by certified or registered mail with postage prepaid, upon receipt by the party to whom such notice or other communication shall have been
directed, (c) mailed by reputable overnight courier, one day after deposit with such courier and with written verification of receipt, or (d) sent by email or facsimile transmission, with receipt of oral confirmation that such transmission
has been received. Notice to the Indemnitor shall be directed to: Accenture International Sàrl, Attention: Richard Buchband, email:
                                    , facsimile:
                    , confirmation number:
                    , 46A, avenue J-F Kennedy, 1855 Luxembourg and with a copy to: Accenture plc, Attention: Douglas G. Scrivner, General Counsel and
Secretary, email:                                     , facsimile:
                        , confirmation number:
                        , 50 West San Fernando St., San Jose CA 95113 USA. Notice to Indemnitee shall be directed to:
                    , email:
                            , facsimile:
                            , confirmation number:
                            . 
  

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 Section 11. Non-exclusivity. The provisions for indemnification and advancement of
expenses set forth in this Agreement shall not be deemed exclusive of any other rights which Indemnitee may have under any provision of law, in any court in which a proceeding is brought, the Company’s articles of association, other agreements
or otherwise, and Indemnitee’s rights hereunder shall inure to the benefit of the heirs, executors and administrators of Indemnitee. No amendment or alteration of the Company’s memorandum of association or articles of association or any
other agreement shall adversely affect the rights provided to Indemnitee under this Agreement. 
 Section 12. No
Construction as Employment Agreement. Nothing contained herein shall be construed as giving Indemnitee any right to be retained as a director of the Company or in the employ of the Company. For the avoidance of doubt, the indemnification and
advancement of expenses provided under this Agreement shall continue as to the Indemnitee even though he may have ceased to be a director, secretary, officer, employee or agent of the Company. 
 Section 13. Interpretation of Agreement. It is understood that the parties hereto intend this Agreement to be interpreted and enforced
so as to provide indemnification to Indemnitee to the fullest extent now or hereafter permitted by the DGCL. 
 Section 14. Entire
Agreement. This Agreement and the documents expressly referred to herein constitute the entire agreement between the parties hereto with respect to the matters covered hereby, and any other prior or contemporaneous oral or written
understandings or agreements with respect to the matters covered hereby are expressly superseded by this Agreement. 
 Section 15.
Termination, Modification and Waiver. No supplement, modification, waiver or amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto; provided that either party may modify the notice
information related to such party provided in Section 9 by written notice to the other party hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provision hereof (whether or not
similar) nor shall such waiver constitute a continuing waiver. For the avoidance of doubt, this Agreement may not be terminated by the Indemnitor without Indemnitee’s prior written consent. Unless otherwise agreed among the parties hereto, this
Agreement shall terminate upon the later of the expiration of (i) the Indemnitee’s term of office and (ii) the statutes of limitations applicable to claims covered by Section 1 hereof that may be brought against the Indemnitee
(except that with respect to any claims covered by Section 1 hereof that are brought prior to the expiration of the applicable statute of limitations, this Agreement shall not terminate pursuant to this sentence until the extinguishment or
satisfaction of such claims). 
 Section 16. Successor and Assigns. All of the terms and provisions of this Agreement
shall be binding upon, shall inure to the benefit of and shall be enforceable by the parties hereto and their respective successors, assigns, heirs, executors, administrators and legal representatives. The Indemnitor shall require and cause any
direct or indirect successor (whether by purchase, merger, consolidation or otherwise) to all or substantially all of the business or assets of the Indemnitor, by written agreement in form and substance reasonably satisfactory to Indemnitee,
expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Indemnitor would be required to perform if no such succession had taken place. 
  

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 Section 17. Service of Process and Venue. The Indemnitor hereby irrevocably and
unconditionally (a) agrees that any action or proceeding arising out of or in connection with this Agreement may be brought in the Chancery Court of the State of Delaware (the “Delaware Court”), (b) consents to
submit to the non-exclusive jurisdiction of the Delaware Court for purposes of any action or proceeding arising out of or in connection with this Agreement, (c) appoints, to the extent the Indemnitor is not otherwise subject to service of
process in the State of Delaware, irrevocably The Corporation Trust Company, 1209 Orange Street, Wilmington, DE 19801, as its agent in the State of Delaware for acceptance of legal process in connection with any such action or proceeding against
such party with the same legal force and validity as if served upon the Indemnitor personally within the State of Delaware, (d) waives any objection to the laying of venue of any such action or proceeding in the Delaware Court, and
(e) waives, and agrees not to plead or to make, any claim that any such action or proceeding brought in the Delaware Court has been brought in an improper or inconvenient forum. 
 Section 18. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware. If
a court of competent jurisdiction shall make a final determination that the provisions of the law of any jurisdiction other than the State of Delaware govern indemnification by the Indemnitor of Indemnitee, then the indemnification provided under
this Agreement shall in all instances be enforceable to the fullest extent permitted under such law, notwithstanding any provision of this Agreement to the contrary. 
 Section 19. Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed to be an original and all of which together shall be deemed to be one and the same
instrument, notwithstanding that both parties are not signatories to the original or same counterpart. 
 Section 20. Headings and
Section References. The section and subsection headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. Section references are to this Agreement
unless otherwise specified. 
  

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 This Indemnification Agreement has been duly executed and delivered to be effective as of the date stated
above. 
  

			
	ACCENTURE INTERNATIONAL SÀRL
		
	By	 	  

	Name:	 	
	Title:	 	
	
	INDEMNITEE
	
	  

	Name:

 [Indemnification Agreement]Service Agreement

 Exhibit 10.1 
 Pier Luigi Foschi 
 c/o Costa Crociere S.p.A. 
 Via XII
Ottobre, 2 
 16150 Genoa 
 Italy 
 August 21, 2009         
 Dear Mr. Foschi, 
 According to our mutual understanding, we hereby confirm the terms and conditions of your contract related
to your appointment as Chairman of the Board (Presidente del Consiglio di Amministrazione) and Managing Director (Amministratore Delegato) of Costa Crociere S.p.A. (the “Company”). 
 ******* 
  

	1.	FUNCTIONS AND POWERS 

  

	1.1	You shall act as Chairman and Managing Director of the Company with the powers contemplated by the by-laws of the Company and granted by the Board of Directors of the Company
from time to time, which shall be an integral and substantial part of this Agreement. 

  

	1.2	In your capacity as Managing Director, and in accordance with the powers granted by the Board of Directors of the Company, you shall be entrusted with the managerial control
of the Company; you shall report to the Board of Directors of the Company on all major matters and/or matters which are outside the scope of your powers. 

  

	2.	DUTIES 

  

	2.1	You shall undertake to accept and hold the above mentioned offices, with the connected powers granted to you, and to perform your functions, as set out above:

  

	 	a)	in compliance with the Company’s by-laws; 

  

	 	b)	for the achievement of the business targets which shall be set out by the Company’s Board of Directors; 

  

	 	c)	in compliance with the Italian Laws in force and with the Company’s Code of Business Conduct and Ethics. 

	2.2	While performing your functions you shall comply with the business plan and the business guidelines adopted by the Company’s Board of Directors.

  

	3.	COMPENSATION 

  

	3.1	The Company will pay for your services and for the obligations undertaken by you herein a base yearly pre-tax compensation of EURO 835,000.00 (eight hundred thirty five
thousand), a portion of which represents compensation of your office as Chairman as established by the Shareholders’ Meeting from time to time, gross of the applicable withholding tax and social security contributions to be paid in 12
installments of equal amount in arrears on the last business day of each month during the term of this Agreement, to the extent you are still in office as Chairman and Managing Director of the Company. 

  

	3.2	In addition, you will be entitled to payment of a performance-related bonus pursuant to the terms and conditions of the Costa Crociere CEO Management Incentive Plan which is
attached as Enclosure 1 hereto. 

  

	3.3	You will be entitled to use a company car, also for private purposes. The fringe-benefit value of such car will be calculated pursuant to the criteria set forth by the law
currently in force. All maintenance, fuel and insurance costs will be borne by the Company. 

  

	3.4	The Company will grant in your favor insurance policies covering the risk of death, illness and permanent disability in case of injuries at work as well as injuries in
general. 

  

	3.5	The Company will provide you with an accommodation in Genoa or nearby, according to the terms and conditions to be agreed upon by the parties. 

  

	4.	NON-COMPETITION 

  

	4.1	During the term of this Agreement and thereafter, you hereby undertake (a) not to operate - either directly or indirectly - as principal, agent, owner, director,
employee, partner or advisor in favor of companies in competition with the Company, which carry out the ownership, management and commercial operations of cruise vessels, and not to acquire a shareholding in the aforesaid companies, except for
participations not exceeding 2% in listed companies (b) not to endeavor to entice away from the Company or any of its subsidiaries, any person, firm, company or organization (i) who or which in the preceding 12 months shall have been a
supplier of goods or services to the Company or any of its affiliates or subsidiaries, and (ii) with whom or which you had, during the course of performance of your office of director, direct dealings or personal contact, so as to harm the
goodwill or, or so as to the compete with, the Company or any of its subsidiaries; (c) not to induce any employee of the Company or any of its affiliates and/or subsidiaries to resign in order to enter into an employment or independent
contractor relationships in favor of third parties engaged in the ownership, management and commercial operation of cruise vessels. 

 Such obligations shall be effective for a period of 3 years as of the expiration or the termination of
this Agreement for whatsoever reason. 
  

	4.2	This obligation must be referred to the territory of Italy, France, Germany, Spain and China and the parties acknowledge that the above mentioned territorial extension is
based upon (i) the multinational character of the Company, and (ii) on the fact that the business activity of the Company is carried out not only in Italy but also throughout Europe and Asia. 

  

	4.3	As specific consideration for this non competition obligation, you will be paid during the term of this Agreement an annual gross amount equal to Euro 115,000 (one hundred
fifteen thousand), payable in 12 installments of equal amount in arrears on the last business day of each month during the term of this Agreement, to the extent you are still in office as Chairman and Managing Director of the Company.

  

	4.4	In the event you do not comply with the obligation of this non competition clause, you undertake to pay to the Company, as a penalty, a sum of Euro 230,000 (two hundred
thirty thousand) plus any additional damages suffered by the Company. 

  

	5.	CONFIDENTIALITY 

  

	5.1	You hereby undertake, during the term of this Agreement and thereafter, not to use, disclose or disseminate, either directly or indirectly, to any other person, organization
or entity or otherwise employ in any manner whatsoever any privileged information in any way acquired in the performance of your office of director. In particular, you shall not disclose any technical or financial information, design, process,
procedure, formula or improvement that is valuable and not generally known to the Company’s competitors. Such information shall include, without limitation, all information and documentation, whether or not subject to copyright, pertaining to
product development, methods of operation, cost and pricing structures, marketing information, corporate strategy, product source and customer information, and other private, confidential business matters relating to the Company or any of its
affiliates and/or subsidiaries 

  

	6.	TERM – RENEWAL 

  

	6.1	Subject to paragraph 7.1 below, this Agreement shall have a term of 12 (twelve) months effective from December 1, 2008, provided that the provisions of articles 4, 5 and
7 shall survive the termination of this Agreement to the extent provided therein. 

  

	6.2	This Agreement shall be automatically renewed for a 12 (twelve) month period at the expiration of the term under paragraph 6.1 (the “Expiration”), and at the
expiration of any subsequent renewal hereunder (the “Renewal Expiration”), unless either party has sent to the other party notice in writing of its intention not to renew this Agreement at least 60 calendar days in advance of the
Expiration or the Renewal Expiration, as applicable. 

	6.3	At your request, in the event of renewal of this Agreement, the Company will review your compensation under Articles 3.1 and. 3.2. Any mutually agreed changes to your
compensation will be reflected in an amendment to this Agreement. 

  

	6.4	You acknowledge and agree that, following the Expiration or any Renewal Expiration of this Agreement, you shall not be entitled to receive any additional compensation or
indemnity under this Agreement or otherwise. 

  

	7.	TERMINATION 

  

	7.1	The Company shall be entitled to terminate this Agreement at any time without notice, without prejudice to the right to seek damages under applicable law, in case you:

  

	 	(a)	are in breach of any of the obligations set forth in articles 1, 2, 4 and 5; 

  

	 	(b)	are revoked as director of the Company for cause pursuant to the Italian Civil Code. 

  

	7.2	On the date of termination of this Agreement (and without prejudice to the rights or remedies of either party in respect of such termination or rights or remedies accrued as
at such date of termination) you shall promptly: 

  

	 	(a)	resign (if you have not already done so) from Chairman and Managing Director of the Company, all offices held by you in the subsidiaries of the Company or in companies controlling,
directly or indirectly, the Company without any compensation for loss of office; 

  

	 	(b)	return to the Company all lists of customers or contacts, correspondence, documents, credit cards and other property belonging to the Company, or any of its affiliates and/or
subsidiaries, which may be in your possession or under your control. 

  

	7.3	Should this Agreement be terminated by the Company at any time during its term, or any renewal thereof, for reasons other than those indicated under Article 7.1 above you
shall be entitled to receive a gross termination payment (indennità di fine mandato): equal to 1 (one) time the yearly compensation under Article 3.1 and 4.3, plus the amount equal to the bonus payable to you by the Company under
article 3.2 with reference to the fiscal year preceding any such termination. 

  

	7.4	Should this Agreement be terminated by you at any time during its term, or any renewal thereof, as a result of a direct or indirect change of control of the Company, you
shall be entitled to receive a gross termination payment (indennità di fine mandato) equal to 1 (one) time the yearly compensation under Article 3.1 and 4.3 plus the amount equal to the bonus payable to you by the Company under article
3.2 with reference to the fiscal year preceding any such termination provided, however, that the right to such payment will not arise if you enter into an alternative contractual arrangement with the Company or the new controlling group of the
Company. 

	7.5	Should you resign with cause under Italian law from the office of Director provided herein prior to the expiration of the term on this Agreement, or any renewal thereof, for
reasons other than change of control of the Company, you shall be entitled to receive a penalty equal to 1 (one) time the yearly compensation under Article 3.1 and 4.3 plus the amount equal to the bonus payable to you by the Company under article
3.2 with reference to the fiscal year preceding any such termination without being entitled to seek any further damages whatsoever. 

  

	8.	MODIFICATIONS – ENTIRE AGREEMENT 

  

	8.1	This agreement may not be modified, altered or amended except by a new written agreement between the parties. 

  

	8.2	This Agreement sets forth the entire understanding of the parties and supersedes any prior oral or written agreement between you and the Company. In particular, the agreement
between you and the Company dated February 10, 2005 is hereby terminated. 

  

	9.	APPLICABLE LAW AND JURISDICTION 

 This agreement
shall be governed by the laws of the Republic of Italy. To the extent permitted under applicable law, any possible dispute arising from this agreement shall be settled by the courts of Genoa. 
 * * * 
 We kindly ask you to send us a copy of the agreement duly signed by you
for acceptance. 
 Sincerely yours, 
  

	
	 /s/ Howard S. Frank

	Howard S. Frank – Director

  

	
	For acceptance
	
	 /s/ Pier Luigi Foschi

	Pier Luigi Foschi

 Genoa, August 27, 2009 

 ENCLOSURE 1 
 COSTA CROCIERE CEO 
 MANAGEMENT INCENTIVE PLAN 
  

	1.	OBJECTIVE 

 This Costa Crociere CEO Management Incentive Plan (the
“Plan”) is designed to focus the attention of the Costa Crociere S.p.A. (“Costa”) Chief Executive Officer (the “Costa CEO”) on achieving outstanding performance results as reflected in the operating
income of (1) Costa, including its Asia operations, (2) Holding Division Iberocruceros S.L. and Societa di Crociere Mercurio S.r.l. (operating the brand and fleet of AIDA Cruises), and/or (3) any other operating company under the
management of the Costa CEO (the entities identified in (1), (2) and (3) shall be collectively referred to as the “Group” and each of such entities shall be individually referred to as a “Member”) and the
operating income of Carnival Corporation & plc (the “Corporation”), as well as other relevant measures. It is intended that the bonuses paid to the Costa CEO under this Plan will be generally based (a) 75% on the Group
Operating Income Per Berth Day (defined below) meeting the Group Operating Income Target Per Berth Day (defined below) and (b) 25% on achieving the Corporation Operating Income Target (defined below). 
  

	2.	PLAN ADMINISTRATION 

 The administrators of the Plan shall be the
Compensation Committees of the Boards of Directors of the Corporation (the “Compensation Committees”). The Compensation Committees shall have sole discretion in resolving any questions regarding the administration or terms of the
Plan not addressed in this document, as well as in resolving any ambiguities that may exist in this document, all of which shall be subject to confirmation by the Board of Directors of Costa or its delegates. 
  

	3.	PLAN YEAR 

 The “Plan Year” shall be the 12-month
period ending November 30 of each year. 
  

	4.	PARTICIPATION 

 The Costa CEO shall be eligible to participate in
the Plan. In order to receive a cash bonus under the Plan, the Costa CEO must be retained in his position as Managing Director of Costa under that certain service agreement dated as of August 21, 2009 between Costa and Costa CEO, as amended
from time to time (the “Service Agreement”) until the completion of the applicable Plan Year. 
  

	5.	BONUS 

  

	A.	For purposes of this Plan, the terms below shall be defined as follows: 

  

	 	i.	“ALBD” means available lower berth day. 

	 	ii.	“Corporation Operating Income” shall mean the net income of the Corporation before interest income and expense and other nonoperating income and expense and income
taxes as reported by the Corporation in its full year earnings report issued following each Plan Year. 

  

	 	iii.	“Corporation Operating Income Target” for the Plan Year will be equal to the projected Operating Income for the Plan Year that corresponds to the midpoint of the
diluted earnings per share guidance publicly announced during the first month of the Plan Year by the Corporation. 

  

	 	iv.	“Group Operating Income” is the sum of the prior Plan Year’s actual Member Operating Income for each of Member of the Group. 

  

	 	v.	“Group Operating Income Per Berth Day” for the Plan Year shall be equal to (A) the Group Operating Income; divided by (B) the sum of the ALBDs of each
Member. 

  

	 	vi.	“Group Operating Income Target Per Berth Day” for the Plan Year will be calculated as follows: 

  

			
	Step 1:	  	Add together each Member’s Member Operating Income Per ALBD for the prior Plan Year, multiplied by such Member’s current Plan Year’s budgeted ALBDs;
		
	Step 2:	  	The amount determined in Step 1 shall then be divided by the sum of the current Plan Year’s budgeted ALBDs of all the Members.

  

	 	vii.	“Member Operating Income” shall mean the consolidated net income of a Member before interest income and expense and other nonoperating income and expense and income
taxes, as reported by such Member for the Plan Year. 

  

	 	viii.	“Member Operating Income Per ALBD” shall mean the consolidated net income of a Member before interest income and expense and other nonoperating income and expense
and income taxes, as reported by such Member for the Plan Year, divided by the ALBDs of the Member. 

 The Compensation
Committees may, in their discretion, increase or decrease the Group Operating Income Target Per Berth Day and/or the Corporation Operating Income Target or establish an alternative target for any reason they deem appropriate. In addition, in the
discretion of the Compensation Committees, certain items, including, but not limited to, gains or losses on ship sales can be excluded from the Group Operating Income Target Per Berth Day and/or Corporation Operating Income Target and the actual
Group and/or Corporation Operating Income for any Plan Year. 

	B.	The Costa CEO’s Target Bonus is €1.5 million. Within 75 days following the commencement of each Plan Year, the Compensation Committees may, in their discretion, increase
or decrease the Costa CEO’s Target Bonus for the current Plan Year based on recommendations from the Chief Executive Officer and Chief Operating Officer of the Corporation for any reason(s) deemed appropriate by them. The “Target
Bonus” is the anticipated level of bonus for the Costa CEO if (a) the Group Operating Income Per Berth Day is equal to the Group Operating Income Target Per Berth Day and (b) 100% of the Corporation Operating Income Target is
achieved, prior to the Compensation Committees exercising discretion to increase or decrease the bonus payable to the Costa CEO as provided in 5.C.ii. 

  

	C.	Within 75 days following the end of each Plan Year, the Compensation Committees shall determine the Costa CEO’s bonus for the prior Plan Year as follows:

  

	 	i.	The actual Group Operating Income Per Berth Day and the actual Corporation Operating Income for the Plan Year will be confirmed, and the Compensation Committees shall determine the
preliminary bonus amount for the Costa CEO by reference to the schedule appended to this Plan (the “Bonus Schedule”), which calibrates the weighted (a) Group Operating Income Target Per Berth Day (75%) and (b) the
Corporation Operating Income Target (25%) for the Plan Year with the Target Bonus. The performance range in the Bonus Schedule is from 75% to 120% of the Operating Income Targets with results at 75% or less producing a preliminary bonus amount
equal to 50% of the Target Bonus and at 120% or more producing a preliminary bonus amount equal to 150% of the Target Bonus. Results from 75% to 120% of the Operating Income Targets will be calculated using interpolation. 

 

	 	ii.	The Compensation Committees may then consider other factors deemed, in their discretion, relevant to the performance of the Group and the Corporation, including, but not limited to,
the impacts of changes in accounting principles, unusual gains and/or losses and other events outside the control of the Costa CEO. The Compensation Committees may also consider other factors they deem, in their discretion, relevant to the
performance of the Group or the Costa CEO, including, but not limited to, operating performance metrics (such as return on investment, revenue yield, costs per ALBD), successful implementation of strategic initiatives and business transactions,
significant business contracts, departmental accomplishments, executive recruitment, new ship orders, and management of health, environment, safety and security matters. Based on such factors, the Compensation Committees may, in their discretion,
increase or decrease the preliminary bonus amount calculated pursuant to Section 5.C.i. by any amount deemed appropriate to determine the final bonus amount. The final bonus amount shall not exceed 200% of the Target Bonus.

	D.	The final bonus amount determined pursuant to Section 5.C.ii shall be subject to confirmation by the Board of Directors of Costa or its delegates. 

  

	6.	PAYMENT OF BONUS 

 Except as otherwise provided in the section
entitled “Participation,” the bonus shall be paid as soon as administratively practicable following confirmation of the bonus by the Board of Directors of Costa or its delegates. 
 The Costa CEO shall forfeit his rights to receive any bonus under this Plan in the event he (a) is in breach of any of the obligations set forth in articles 1, 2, 4
or 5 of the Service Agreement or (b) is revoked as a director of the Company for cause pursuant to the Italian Civil Code, as determined by the Boards of Directors of the Corporation, which determination shall be subject to confirmation by the
Board of Directors of Costa or its delegates. 
  

	7.	AMENDMENT OF PLAN 

 The Compensation Committees may amend the Plan
from time to time in such respects as the Compensation Committees may deem advisable, but only upon receipt of the written consent of the Costa CEO and the Board of Directors of Costa or its delegates. 

 BONUS SCHEDULE 
  

										
	 Percent of
Target
Operating
Income
Achieved
	  	Bonus
Funding	 	 	Group
Weighted
Bonus
Funding
(75%)	 	 	Corporation
Weighted
Bonus
Funding
(25%)	 
	Under 75%	  	50.0	% 	 	37.50	% 	 	12.50	% 
	76%	  	52.0	% 	 	39.00	% 	 	13.00	% 
	77%	  	54.0	% 	 	40.50	% 	 	13.50	% 
	78%	  	56.0	% 	 	42.00	% 	 	14.00	% 
	79%	  	58.0	% 	 	43.50	% 	 	14.50	% 
	80%	  	60.0	% 	 	45.00	% 	 	15.00	% 
	81%	  	62.0	% 	 	46.50	% 	 	15.50	% 
	82%	  	64.0	% 	 	48.00	% 	 	16.00	% 
	83%	  	66.0	% 	 	49.50	% 	 	16.50	% 
	84%	  	68.0	% 	 	51.00	% 	 	17.00	% 
	85%	  	70.0	% 	 	52.50	% 	 	17.50	% 
	86%	  	72.0	% 	 	54.00	% 	 	18.00	% 
	87%	  	74.0	% 	 	55.50	% 	 	18.50	% 
	88%	  	76.0	% 	 	57.00	% 	 	19.00	% 
	89%	  	78.0	% 	 	58.50	% 	 	19.50	% 
	90%	  	80.0	% 	 	60.00	% 	 	20.00	% 
	91%	  	82.0	% 	 	61.50	% 	 	20.50	% 
	92%	  	84.0	% 	 	63.00	% 	 	21.00	% 
	93%	  	86.0	% 	 	64.50	% 	 	21.50	% 
	94%	  	88.0	% 	 	66.00	% 	 	22.00	% 
	95%	  	90.0	% 	 	67.50	% 	 	22.50	% 
	96%	  	92.0	% 	 	69.00	% 	 	23.00	% 
	97%	  	94.0	% 	 	70.50	% 	 	23.50	% 
	98%	  	96.0	% 	 	72.00	% 	 	24.00	% 
	99%	  	98.0	% 	 	73.50	% 	 	24.50	% 
	100%	  	100.0	% 	 	75.00	% 	 	25.00	% 
	101%	  	102.5	% 	 	76.88	% 	 	25.63	% 
	102%	  	105.0	% 	 	78.75	% 	 	26.25	% 
	103%	  	107.5	% 	 	80.63	% 	 	26.88	% 
	104%	  	110.0	% 	 	82.50	% 	 	27.50	% 
	105%	  	112.5	% 	 	84.38	% 	 	28.13	% 
	106%	  	115.0	% 	 	86.25	% 	 	28.75	% 
	107%	  	117.5	% 	 	88.13	% 	 	29.38	% 
	108%	  	120.0	% 	 	90.00	% 	 	30.00	% 
	109%	  	122.5	% 	 	91.88	% 	 	30.63	% 
	110%	  	125.0	% 	 	93.75	% 	 	31.25	% 
	111%	  	127.5	% 	 	95.63	% 	 	31.88	% 
	112%	  	130.0	% 	 	97.50	% 	 	32.50	% 
	113%	  	132.5	% 	 	99.38	% 	 	33.13	% 

										
	114%	  	135.0	% 	 	101.25	% 	 	33.75	% 
	115%	  	137.5	% 	 	103.13	% 	 	34.38	% 
	116%	  	140.0	% 	 	105.00	% 	 	35.00	% 
	117%	  	142.5	% 	 	106.88	% 	 	35.63	% 
	118%	  	145.0	% 	 	108.75	% 	 	36.25	% 
	119%	  	147.5	% 	 	110.63	% 	 	36.88	% 
	120%	  	150.0	% 	 	112.50	% 	 	37.50	% 
	Over 120%	  	150.0	% 	 	112.50	% 	 	37.50	%

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00162-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00162-of-00352.parquet"}]]