Common use of Reimbursement by the Company of Amounts Drawn or Paid Under Letters of Credit Clause in Contracts

Reimbursement by the Company of Amounts Drawn or Paid Under Letters of Credit. In the event the Issuing Bank has determined to honor a drawing under a Letter of Credit, it shall immediately notify the Company, and the Company shall reimburse the Issuing Bank on or before (i) the Business Day immediately following the date on which such drawing is honored (the “Reimbursement Date”) in the event the Issuing Bank delivers such notice to the Company on or before 12:00 p.m. (New York City time) on the Business Day immediately before the Reimbursement Date or (ii) the second Business Day immediately following the Reimbursement Date in the event the Issuing Bank delivers such notice to the Company after 12:00 p.m. (New York City time) on the Business Day immediately before the Reimbursement Date, in each case in an amount in the currency of the drawing under such Letter of Credit and in same day funds equal to the amount of such honored drawing. Notices to the Company made pursuant to this Section 3.2 shall be made to: UTi Worldwide Inc. X.X. Xxx 000 Picquerel House L’Islet St. Sampson Guernsey CYI 3NY Channel Islands Attention: Global Finance Treasury Director or such other address as provided by the Company in writing to the Issuing Bank from time to time. Fax: 00 0000 000 000 With a copy to: Xxxxx Xxxxx Fax: 000-000-0000 Xxxxxxxx Xxxxxxx Fax: 000-000-0000

Reimbursement by the Company of Amounts Drawn or Paid Under Letters of Credit. (a) In the event the Issuing Bank has determined to honor a drawing under a Letter of Credit, it shall immediately notify the Company, and the Company shall reimburse the Issuing Bank on or before (i) the Business Day immediately following the date on which such drawing is honored (the “Reimbursement Date”) in the event the Issuing Bank delivers such notice to the Company on or before 12:00 p.m. (New York City London time) on the Business Day immediately before the Reimbursement Date or (ii) the second Business Day immediately following the Reimbursement Date in the event the Issuing Bank delivers such notice to the Company after 12:00 p.m. (New York City London time) on the Business Day immediately before the Reimbursement Date, in each case in an amount in the currency of the drawing under such Letter of Credit and in same day funds equal to the amount of such honored drawing. Notices to the Company made pursuant to this Section 3.2 shall be made to: UTi Worldwide Inc. X.X. Xxx 000 Picquerel House L’Islet St. Sampson Guernsey CYI 3NY Channel Islands Attention: Global Finance Treasury Director or such other address as provided by the Company in writing to the Issuing Bank from time to time. Fax: 00 0000 000 000 UTi Worldwide Inc. Nedbank Facilities Agreement With a copy to: Xxxxx Xxxxx Fax: 0-000-000-0000 Xxxxxxxx Xxxxxxx Fax: 0-000-000-0000 (b) The Company hereby authorizes the Issuing Bank to charge the Current Account in order to cause timely payment to be made to the Issuing Bank of all reimbursement obligations, interest, fees and expenses due in the event that the Company fails to make a payment hereunder with respect to Letters of Credit.

Reimbursement by the Company of Amounts Drawn or Paid Under Letters of Credit. In the event the Issuing Bank has determined to honor a drawing under a Letter of Credit, it shall immediately notify the Company, and the Company shall reimburse the Issuing Bank on or before (i) the Business Day immediately following the date on which such drawing is honored (the “Reimbursement Date”) in the event the Issuing Bank delivers such notice to the Company on or before 12:00 p.m. (New York City London time) on the Business Day immediately before the Reimbursement Date or (ii) the second Business Day immediately following the Reimbursement Date in the event the Issuing Bank delivers such notice to the Company after 12:00 p.m. (New York City London time) on the Business Day immediately before the Reimbursement Date, in each case in an amount in the currency of the drawing under such Letter of Credit and in same day funds equal to the amount of such honored drawing. Notices to the Company made pursuant to this Section 3.2 shall be made to: UTi Worldwide Inc. X.X. Xxx 000 Picquerel House L’Islet St. Sampson Guernsey CYI 3NY Channel Islands Attention: Global Finance Financial Treasury Director Manager or such other address as provided by the Company in writing to the Issuing Bank from time to time. Fax: 00 0000 000 000 With a copy to: Xxxxx Xxxxx Fax: 0-000-000-0000 Xxxxxxxx Xxxxxxx Fax: 0-000-000-00000000 UTi Worldwide Inc. Nedbank Letter of Credit Agreement

Reimbursement by the Company of Amounts Drawn or Paid Under Letters of Credit. In the event the an Issuing Bank has determined to honor a drawing under a Letter of Credit, it shall immediately notify the Company, and the Company shall reimburse the such Issuing Bank on or before (i) the Business Day immediately following the date on which such drawing is honored (the “Reimbursement Date”) in the event the Issuing Bank delivers such notice to the Company on or before 12:00 p.m. (New York City time) on the Business Day immediately before the Reimbursement Date or (ii) the second Business Day immediately following the Reimbursement Date in the event the Issuing Bank delivers such notice to the Company after 12:00 p.m. (New York City time) on the Business Day immediately before the Reimbursement Date, in each case in an amount in the currency of the drawing under such Letter of Credit and in same day funds equal to the amount of such honored drawing. Notices to the Company made pursuant to this Section 3.2 shall be made to: UTi Worldwide Inc. X.X. Xxx 000 Picquerel House L’Islet St. Sampson Guernsey CYI 3NY Channel Islands Attention: Global Finance Financial Treasury Director Manager or such other address as provided by the Company in writing to the Issuing Bank Banks from time to time. Fax: 00 0000 000 000 With a copy to: Xxxxx Xxxxx Fax: 000-000-0000 Xxxxxxxx Xxxxxxx Fax: 000-000-00000000 UTi Worldwide Inc. Letter of Credit Agreement