Common use of SECURITY AND VETTING Clause in Contracts

SECURITY AND VETTING. The Supplier recognises and accepts that the Customer and its Cash Centres are deemed National Key Points in terms of the National Key Points Act 102 of 1980 and the performance of its obligations at the Delivery Address(es) in terms of this Agreement will at all times be subject to the Customer’s security requirements (“Security Rules”) set out below. The Supplier will ensure that the Employees comply with all security related instructions issued by or on behalf of the Customer while such Employees are on the Customer's premises. The Supplier acknowledges and accepts that the Customer may at any time, and at its sole discretion, require it to remove any specific Employee from the Customer's premises; The Supplier acknowledges and accepts the right of the Customer and its personnel to search the Employees and their baggage at any time while such Employees are on the Customer's premises. The Customer's security personnel will screen all equipment brought onto the Customer's premises by the Supplier or its Employees. No photographic or electronic records or images of the interior and/or exterior of the Customer's premises may be taken without the prior written consent of the Customer. If such consent is granted, all photographs and other images will be taken under the direct supervision of an authorised representative of the Customer. SALE, ACQUISITION, MERGER OR CHANGE OF CONTROL In the event of a sale, acquisition, merger, or other change of control of the Supplier (a “Change Event”) the Supplier must notify the Procurement Division of the Customer of such Change Event within 1 (one) month of the change becoming effective. Upon being notified of a Change Event, the Customer will conduct the necessary due diligence checks on the Supplier. The Customer may, in its sole discretion, immediately terminate the Agreement should the Change Event pose any security, reputational and/or operational risk to the Customer. SCOPE The Goods to be delivered and/or the Services to be rendered to the Customer are described in Schedule B and/or Schedule C, alternatively in the relevant SOW. DURATION This Agreement will commence on the Effective Date and terminate on the Expiry Date reflected in Schedule A, unless terminated earlier in terms of the Agreement. The Customer reserves the right to renew the Agreement on the basis as set out in Schedule A, on the same terms and conditions as contained in this Agreement. Alternatively, the Customer may enter into negotiations with the Supplier to incorporate new terms or to amend certain terms pursuant to exercising its election to renew this Agreement. In the event that the Duration of a SOW extends beyond the Expiry Date stipulated in Schedule A of this Agreement, the Agreement will automatically be extended for purposes of completion of such SOW only, provided that the relevant delegated authority has given the necessary approval.

SECURITY AND VETTING. The Supplier recognises and accepts that the Customer and its Cash Centres are deemed National Key Points in terms of the National Key Points Act No. 102 of 1980 and the performance of its obligations at the Delivery Address(es) in terms of this Agreement will at all times be subject to the Customer’s security requirements (“Security Rules”) set out below. The Supplier will ensure that the Employees comply with all security related instructions issued by or on behalf of the Customer while such Employees are on the Customer's premises. The Supplier acknowledges and accepts that the Customer may at any time, and at its sole discretion, require it to remove any specific Employee from the Customer's premises; The Supplier acknowledges and accepts the right of the Customer and its personnel to search the Employees and their baggage at any time while such Employees are on the Customer's premises. The Customer's security personnel will screen all equipment brought onto the Customer's premises by the Supplier or its Employees. No photographic or electronic records or images of the interior and/or exterior of the Customer's premises may be taken without the prior written consent of the Customer. If such consent is granted, all photographs and other images will be taken under the direct supervision of an authorised representative of the Customer. SALE, ACQUISITION, MERGER OR CHANGE OF CONTROL In the event of a sale, acquisition, merger, or other change of control of the Supplier (a “Change Event”) the Supplier must notify the Procurement Division of the Customer of such Change Event within 1 (one) month of the change becoming effective. Upon being notified of a Change Event, the Customer will conduct the necessary due diligence checks on the Supplier. The Customer may, in its sole discretion, immediately terminate the Agreement should the Change Event pose any security, reputational and/or operational risk to the Customer. SCOPE The Goods to be delivered and/or the Services to be rendered to the Customer are described in Schedule B and/or Schedule C, alternatively in the relevant SOW. DURATION This Agreement will commence on the Effective Date and terminate on the Expiry Date reflected in Schedule A, unless terminated earlier in terms of the Agreement. The Customer reserves the right to renew the Agreement on the basis as set out in Schedule A, on the same terms and conditions as contained in this Agreement. Alternatively, the Customer may enter into negotiations with the Supplier to incorporate new terms or to amend certain terms pursuant to exercising its election to renew this Agreement. In the event that the Duration of a SOW extends beyond the Expiry Date stipulated in Schedule A of this Agreement, the Agreement will automatically be extended for purposes of completion of such SOW only, provided that the relevant delegated authority has given the necessary approval.