FIRST ADDENDUM TO THE TRANSITIONAL SERVICES AGREEMENT entered into between GRINDROD LIMITED and GRINDROD SHIPPING (SOUTH AFRICA) PROPRIETARY LIMITED
Exhibit 4.1(a)(i)
FIRST ADDENDUM TO THE TRANSITIONAL SERVICES AGREEMENT
entered into between
XXXXXXXX LIMITED
and
GRINDROD SHIPPING (SOUTH AFRICA) PROPRIETARY LIMITED
| 1 | INTERPRETATION |
In this First Addendum to the Transitional Services Agreement, unless the context clearly indicates a contrary intention, words and meanings defined in the Transitional Services Agreement shall bear the same meaning.
| 2 | RECITAL |
The Parties wish to record in writing the amendments to the Transitional Services Agreement.
| 3 | AMENDMENT TO THE TRANSITIONAL SERVICES AGREEMENT |
The Transitional Services Agreement is amended by the:
| 3.1 | amendment of clause 6.1 as follows: |
“this agreement shall terminate on the 30th June 2020
| 3.1 | amendment of clause 8.1.1 as follows: |
‘the IT Services shall be provided until 30th June 2020; and’
| 4 | REMAINING PROVISIONS |
Save as specifically varied or amended by the provisions of this addendum, the remaining terms and conditions of the agreement shall continue to be of full force and effect in their present form
| 5 | EXCECUTION IN COUNTERPARTIES |
This addendum may be executed in one or more counterparts, each of which shall be deemed to be an original, and all of which together shall constitute one and the same agreement as at the Signature Date.
[SIGNATURE PAGE TO FOLLOW]
| 2 |
| For: | XXXXXXXX LIMITED | |
| Signature: | /s/ Xxxxxx Xxxxxx | |
| who warrants that he / she is duly authorised thereto | ||
| Name: | Xxxxxx Xxxxxx | |
| Date: | 19 May 2020 | |
| Place: | Durban | |
| Signature of Witness: | /s/ Xxxxxxxx Xxxx | |
| Name of Witness: | Xxxxxxxx Xxxx | |
| For: | GRINDROD SHIPPING (SOUTH AFRICA) PROPRIETARY LIMITED | |
| Signature: | /s/ Xxxxxx Xxxxx | Xxxxxx Xxxxx |
| Date: | 19 May 2020 | |
| Place: | Durban | |
| Signature of Witness: | /s/ Xxxxxxx Xxxxx | |
| Name of Witness: | Xxxxxxx Xxxxx | |
| 3 |
