Forida East Coast Railway L.L.C. Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • May 5th, 2011 • Forida East Coast Railway L.L.C. • Florida

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of May 24, 2010, by and among Florida East Coast Railway L.L.C., a Florida limited liability company (the “Company”), FECR Rail Corp., a Delaware corporation (“FECR Rail”), and James R. Hertwig (“Executive”). Where the context permits, references to “the Company” shall include the Company and any successor of the Company.

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REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • May 5th, 2011 • Forida East Coast Railway L.L.C. • New York
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Florida East Coast Railway Corp.* Reconciliation and tie between Trust Indenture Act of 1939 and Indenture, dated as of January 25, 2011
Intercreditor Agreement • May 5th, 2011 • Forida East Coast Railway L.L.C. • New York
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EMPLOYMENT AGREEMENT
Employment Agreement • June 27th, 2011 • Forida East Coast Railway L.L.C. • Railroads, line-haul operating • Florida

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of May 24, 2010, by and among Florida East Coast Railway L.L.C., a Florida limited liability company (the “Company”), FECR Rail Corp., a Delaware corporation (“FECR Rail”), and James R. Hertwig (“Executive”). Where the context permits, references to “the Company” shall include the Company and any successor of the Company.

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CONSULTING AGREEMENT
Consulting Agreement • June 27th, 2011 • Forida East Coast Railway L.L.C. • Railroads, line-haul operating • Delaware

THIS CONSULTING AGREEMENT (this “Agreement”), is dated as of October 1, 2009, by and among FECR Rail Corp., Florida East Coast Railway, L.L.C. (together with FECR Rail Corp, the “Company”), and Clyde Preslar (“Consultant”).

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AMENDED AND RESTATED LEASE AGREEMENT
Lease Agreement • May 5th, 2011 • Forida East Coast Railway L.L.C. • Florida

THIS AMENDED AND RESTATED LEASE AGREEMENT (this “Lease”) is made and entered into as of the 1st day of January, 2011 (the “Effective Date”), by and between FDG HIALEAH LLC, a Delaware limited liability company, having an address at 2855 S. LeJeune Road, 4th Floor, Coral Gables, Florida 33134 (“Landlord”) and FLORIDA EAST COAST RAILWAY, L.L.C., a Florida limited liability company, having an address at 7411 Fullerton Street, Suite 300, Jacksonville, Florida 32256 (“Tenant”).

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FORM OF RESTRICTED STOCK UNIT AWARD AGREEMENT WITH RESPECT TO SHARES OF FECR RAIL CORP.
Restricted Stock Unit Award Agreement • May 5th, 2011 • Forida East Coast Railway L.L.C. • Delaware

This Restricted Stock Unit Award Agreement (this “RSU Agreement”), is entered into as of , by and among FECR Rail Corp, a Delaware corporation (the “Company”), Florida East Coast Railway L.L.C., a Florida limited liability company (the “Railway LLC”), and (the “Grantee”). Capitalized terms not defined herein where they first occur shall have the meaning ascribed to them in the last Section hereof.

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OPERATING AGREEMENT OF FLORIDA EAST COAST DELIVERIES, LLC
Operating Agreement • May 5th, 2011 • Forida East Coast Railway L.L.C. • Florida

THIS OPERATING AGREEMENT (the “Agreement”) of Florida East Coast Deliveries, LLC (the “Company”) dated as of this 31st day of December, 2007, by Florida East Coast Railway, L.L.C., as the sole member of the Company (the “Member”).

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OPERATING AGREEMENT OF FLORIDA EAST COAST RAILWAY, L.L.C.
Operating Agreement • May 5th, 2011 • Forida East Coast Railway L.L.C. • Florida

THIS OPERATING AGREEMENT (this “Operating Agreement”) OF FLORIDA EAST COAST RAILWAY, L.L.C., a Florida limited liability company (the “Company”) is created this 10th day of September, 2000, by Florida East Coast Industries, Inc., the sole member of the Company.

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AMENDMENT TO RESTRICTED STOCK UNIT AWARD AGREEMENT
Restricted Stock Unit Award Agreement • August 2nd, 2011 • Forida East Coast Railway L.L.C. • Railroads, line-haul operating • Delaware

This Amendment (this “Amendment”) is made and entered into as of , by and among Florida East Coast Railway Corp. (f/k/a FECR Rail Corp.), a Delaware corporation (“FECR”), Florida East Coast Railway L.L.C., a Florida limited liability company (the “Railway LLC”), Florida East Coast Holdings Corp., a Florida corporation (“Holdings”), and (the “Grantee”).

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FORM OF CONSULTING AGREEMENT
Form of Consulting Agreement • May 5th, 2011 • Forida East Coast Railway L.L.C. • Delaware

THIS CONSULTING AGREEMENT (this “Agreement”), is dated as of ________, by and among FECR Rail Corp., Florida East Coast Railway LLC (together with FECR Rail Corp, the “Company”), and _________ (“Consultant”).

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EMPLOYEE SERVICES AGREEMENT
Employee Services Agreement • June 27th, 2011 • Forida East Coast Railway L.L.C. • Railroads, line-haul operating • Florida

This EMPLOYEE SERVICES AGREEMENT (this “Agreement”), effective as of, January 1, 2010, is by and between Florida East Coast Railway, L.L.C., a Florida limited liability company (“FECR”), and RailAmerica, Inc., a Delaware corporation (“RailAmerica”).

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ASSUMPTION AGREEMENT
Assumption Agreement • May 5th, 2011 • Forida East Coast Railway L.L.C. • Florida

This Assumption Agreement (“Agreement”) is entered into and is effective as of March 15, 2011 by and between Miami-Dade County (“County”), a political subdivision of the State of Florida, and the Florida East Coast Railway, L.L.C., a Florida limited liability company (“FEC”).

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OPERATING AGREEMENT OF FEC HIGHWAY SERVICES, L.L.C.
Operating Agreement • May 5th, 2011 • Forida East Coast Railway L.L.C. • Florida

THIS OPERATING AGREEMENT (the “Agreement”) of FEC Highway Services, L.L.C. (the “Company”) dated as of this 31st day of December, 2007, by FECI Company, as the sole member of the Company (the “Member”).

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