Back to top

EXHIBIT 10.10 CASH PLUS INDIVIDUAL PENSION PLAN POLICY

Employee Benefits Plan Agreement

EXHIBIT 10.10 CASH PLUS INDIVIDUAL PENSION PLAN POLICY You are currently viewing:
This Employee Benefits Plan Agreement involves

UTI WORLDWIDE INC | Union Life & Pensions Limited

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.
Title: EXHIBIT 10.10 CASH PLUS INDIVIDUAL PENSION PLAN POLICY
Date: 6/9/2006
Industry: TRNMSC     Sector: TRANSP

Search Employee Benefits Plan Agreement by:

Document Title:

Entire Document: (optional)

50 of the Top 250 law firms use our Products every day
<PAGE>

<PAGE>

                                                                   EXHIBIT 10.10

                    CASH PLUS INDIVIDUAL PENSION PLAN POLICY

Norwich Union Life & Pensions Limited
P.O. Box 4 Surrey Street Norwich NR1 3NG

The Proposal made by the Grantees and the Declaration made by the Member form
the basis of the contract between Norwich Union Life & Pensions Limited and the
Grantees and this Policy sets out the terms of that contract.

CARE OF POLICY

This Policy should be carefully preserved as Norwich Union does not undertake to
replace it should it at any time be lost or destroyed.

ERRORS

If any error is discovered in this Policy, it should be returned immediately to
Norwich Union for correction.

<PAGE>

JERSEY 131A CASH PLUS INDIVIDUAL PENSION PLAN

FIRST SCHEDULE
POLICY NUMBER: NP962309/010

SCHEME: UTI AFRICA SERVICES LIMITED DISCRETIONARY PENSION SCHEME

GRANTEES: UTi AFRICA SERVICES LIMITED

PAYEES: The Grantees as Trustees or the Assigns of the Grantees

<TABLE>
<CAPTION>
MEMBER:               DATE OF BIRTH:   AGE ADMITTED:
-------               --------------   -------------
<S>                   <C>              <C>
JOHN STEERS HEXTALL     14.05.1956           NO
</TABLE>

<TABLE>
<CAPTION>
                                         DATE OF PROPOSAL AND
BENEFIT DATE   CURRENCY DATE OF POLICY        DECLARATION       DATE OF POLICY
------------   -----------------------   --------------------   --------------
<S>            <C>                       <C>                    <C>
 14.05.2016           01.04.2005              11.08.2005          02.11.2005
</TABLE>

                                                                     Examined TG

<PAGE>

SECOND SCHEDULE
BENEFIT AND EVENT

CAPITAL SUM

On survival of the member until the Benefit Date a Capital Sum of
L147088.00.00 (with compound bonus). The Capital Sum can only be applied
in accordance with the Rules or other governing documents.

If the member dies before the Benefit Date there shall be paid the accumulated
cash value of the Capital Sum. This cash value shall be determined by Norwich
Union having regard to the premiums paid and the bonus declared but will not be
less than the total premiums paid to secure the Capital Sum.

POLICY NUMBER: NP962309/010
PREMIUM

A proportionate premium of L1200.00 due 01.04.2005 and a quarterly premium
of L3600.00 payable from 01.05.2005 to 01.11.2015 Inclusive

                                                                     Examined TG

<PAGE>

POLICY CONDITIONS

I.   This Policy is issued for the purposes of the retirement benefits scheme
     named in the First Schedule (herein called "the scheme"). The object of the
search for free browse for free learn more