EXHIBIT 10.10 CASH PLUS INDIVIDUAL PENSION PLAN POLICYEmployee Benefits Plan Agreement |
|
|
|
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. |
|
|
|
Search Employee Benefits Plan Agreement by:
<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






