EX-4 4 gsh028_ex4-1bi.htm EXHIBIT 4.1BI

 

Exhibit 4.1(b)(i)

  

1INTERPRETATION

 

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.

 

2RECITAL

 

The Parties wish to record in writing the amendments to the Transitional Services Agreement.

 

3AMENDMENT TO THE TRANSITIONAL SERVICES AGREEMENT

 

The Transitional Services Agreement is amended by the:

 

3.1amendment of clause 6.1 as follows:

 

“this agreement shall terminate on the 30th June 2020

 

3.2amendment of clause 9.1.1 as follows:

 

‘the IT Services shall be provided until 30th June 2020; and

 

4REMAINING 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

 

5EXCECUTION 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]

 

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For: GRINDROD LIMITED
   
Signature: /s/ Andrew Waller  
  who warrants that he / she is duly authorised thereto
   
Name: Andrew Waller  
     
Date: 19 May 2020  
     
Place: Durban  
     
Signature of Witness: /s/ Samantha Bufe  
     
Name of Witness: Samantha Bufe  

 

For: GRINDROD SHIPPING HOLDINGS LIMITED
   
Signature: /s/ Stephen Griffiths Stephen Griffiths
     
Date: 20 May 2020  
     
Place: Singapore  
     
Signature of Witness: /s/ Yvette Kingsley-Wilkins  
     
Name of Witness: Yvette Kingsley-Wilkins  

 

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