NET 1 UEPS TECHNOLOGIES, INC. RESTRICTED STOCK AGREEMENT FOR NON-EMPLOYEE DIRECTORSRestricted Stock Agreement for Non-Employee Directors • May 8th, 2008 • Net 1 Ueps Technologies Inc • Functions related to depository banking, nec • Florida
Net 1 UEPS Technologies, Inc. (the “Company”) has granted to the Non-Employee Director named below (“you” or “your”), effective as of the Grant Date specified below, restricted shares (each, an “Award Share,” and collectively, the “Award Shares”) of common stock, par value $0.001 per share, of the Company (the “Common Stock”) upon the terms and conditions set forth in this Restricted Stock Agreement (the “Agreement”) and the Amended and Restated 2004 Stock Incentive Plan of Net 1 UEPS Technologies, Inc. (the “Plan”), the provisions of which are incorporated into this Agreement. Except as otherwise provided in Section 7 of this Agreement with respect to applicable tax and social insurance withholding, you are not required to pay any amount to the Company for the receipt of these Award Shares. By signing this Agreement, you: (a) acknowledge that you have read this Agreement; (b) accept the Award Shares subject to all of the terms and conditions of this Agreement; and (c) agree to accept
