THIS DEED is made the 13th day of August 1997
BY A.L.O.T. TRUSTEE LIMITED, a limited liability company incorporated in Jersey
whose registered office is situated at Pirouet House, Union Street, St. Helier,
Jersey, Channel Islands (the "Trustee").
SUPPLEMENTAL to:-
(1) a settlement made between BG Services Limited and the Trustee (therein
called "Agent Loyalty Opportunity Trust") dated 23 May 1997 (the
"Settlement"); and
(2) a deed of amendment dated 16 July 1997.
WHEREAS:
(1) The Trustee is the present trustee of the Settlement.
(2) By clause 22.2 of the Settlement the Trustee has power from time to time
by instrument in writing to revoke, alter or amend all or any of the
provisions of the Rules.
(3) The Trustee is desirous of exercising the power referred to above in such
manner as hereinafter appears.
(4) The Trustee has consented to the exercise of the Settlor's power as set
out above and has evidenced such consent by signing as a party hereto.
(5) Where the context permits words and phrases used herein shall bear the
same meaning as in the Settlement.
NOW THIS DEED WITNESSETH that in exercise of the power conferred upon them by
Clause 22.2 of the Settlement the Trustee HEREBY DECLARES that the Rules shall
be henceforth read and construed as if the provision specified in the Schedule
hereto was expressly incorporated into the Rules.
IN WITNESS WHEREOF this deed has been executed by the parties the day and year
first above written.
THE SCHEDULE
After sub-clause 9.3 of the Rules there shall be inserted the following
additional sub-clause:
"9.4 On the termination of the Award Holder's Agency Agreement, vested Award
Units can be exercised in whole or in part for a period of 90 days after the
date of the Notice of Termination."
THE COMMON SEAL of
A.L.O.T. TRUSTEE LIMITED
was hereunto affixed
in the presence of:-
/s/ C A C XXXXXXX
Director
/s/ X X XXXXXXX
Director
