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TALBOT TRANSPORT(PTY) LTD TRANSPORTER RENTAL AGREEMENT ____ September2017 1

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TALBOT TRANSPORT(PTY) LTD

TRANSPORTER RENTAL AGREEMENT

____ September2017

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CONTRACTOR TRANSPORTATION RENTAL AGREEMENT(Master Rental Agreement)

BETWEEN

TALBOT TRANSPORT(Pty)ltd

3 DYKE STREET FACTORIA

KRUGERSDORP

UNIT 7B CASTLE BUSINESS PARK

1733

Reg:2016/447208/07

(Herein after referred to as: (“THE CONTRACTOR”)

AND

Private Company (PTY) ltd / Close Corporation / Sole Proprietor

_________________________________________________________________

Trading name:

_________________________________________________________________

Name & Surname of directors/ Member / Sole Proprietor:

_________________________________________________________________

Passport number or I.D. Number (member/director duly authorised):

_________________________________________________________________

Drivers licence number:

_________________________________________________________________

Cell number:

_________________________________________________________________

Work number:

_________________________________________________________________2

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Email Address:

_________________________________________________________________

South African residential address:

_________________________________________________________________

_________________________________________________________________

_________________________________________________________________

_________________________________________________________________

Work address:

_________________________________________________________________

_________________________________________________________________

_________________________________________________________________

_________________________________________________________________

(Here in after referred to as:

(“THE TRANSPORTER”)

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NO DESCRIPTION PAGE NO

1 DEFINITIONS AND INTERPRETATIONS 6 – 8

2 APPOINTMENTS 8

3 DURATION AND COMMENCEMENT 8

4 STATUS OF CONTRACT 9

5 COMPENSATION 10

6 TRANSPORTERS OBLIGATION 11 - 13

7 SAFETY AND ENVIRONMENT 13

8 ACCIDENTS AND BREAKDOWNS 13

9 LIABILITY AND LOSSES 13

10 COMPANY OBLIGATIONS 14

11 INSURANCE 14

12 DELIVERY TERMS 14

13 LIQUIDATED DAMAGES 14

14 INDEMNITY 15

15 SETTLEMENT OF DISPUTES 15

16 ASSIGNMENT 15

17 TERMINATION OF INSOLVENCY 16

18 TERMINATION OF DEFAULT 17

19 FORCE MAJEURE 17

20 NOTICES CONTRACT AMENDMENT 18

21 WAIVERS 19

22 AUTHORISED REPRESENTATIVE 19

23 ENTIRE AGREEMENT 19

24 LANGUAGE

25 SEVERABILITY AND ENFORCEMENT 20

26 GENERAL 20

27 CONTRACT COORDINATOR 20

28 ANNEXURE1=SCOPEOF WORK 20

29 ANNEXURE2=LIST OF VEHICLES (SPREADSHEET) 23

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Parties:

This rental agreement is made and entered on the _____day of__________ 20_____

Between:

TALBOT TRANSPORT (PTY)LTD, a company under the laws of South Africa and having

its registered office at the above address herein acting and represented as the first part.

(Herein after referred to as THE CONTRACTOR ,herein acting and represented by

BRIAN CHARLES TALBOT as director/s, on the second part).

_______________________________________________________the company/closed

corporation/ sole proprietor duly incorporated/registered under the laws of South Africa

and having its registered address at the above address as set out above.

(Hereinafter referred to as THE TRANSPORTER, herein acting, duly authorized and

represented by..................................………………………………………….……………… as

director/s, on the second part)

WHEREAS

1. The TRANSPORTER requires rental services for movement and delivery of

commodities from designed loading areas to designated offloading areas

domestically and regionally (here in after the "services”).

2. The TRANSPORTER is in the transport business and professes to have

considerable skills, knowledge and expertise in that field.

3. The TRANSPORTER has represented to the company they have significant

knowledge and experience, expertise and capacity in all respects necessary to

carry out the services and is willing to transport and deliver or procure the

transportation and delivery of commodities in accordance with the terms and

conditions set out in this rental agreement.

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4. The parties have now agreed to enter into a rental agreement so as to evidence

their rental agreement concerning the services.

NOW THEREFORE

In consideration of mutual promises and covenants herein contains the parties

agree as follows:

1. DEFINITIONS AND INTERPRETATION

1.1. In this rental agreement, the following words and expressions shall have

the meaning as described to them except where the context requires

otherwise.

1.2. “RENTAL AGREEMENT’’ means this rental agreement together with

Annexes attached hereto at the time of signature and such other

document as are herein expressly incorporated by reference, as the

same maybe amended or supplemented by the parties.

1.3. “ANNEX’ means the various details attached to this rental agreement at

the time of signature and forming an integral part of this rental agreement.

1.4. “BUSINESS DAYS” means any day other than a Saturday, Sunday or

public holiday in the Republic of South Africa.

1.5. “DAY” means any day of the week whether or not it is a Saturday,

Sunday or public holiday or any twenty four hour period.

1.6. “DELIVERY” means the successful transportation of product from loading

site to an offloading site.

1.7. “DISPUTE” means any difference of view, disagreement and controversy

of claim arising out of or relating to this rental agreement or the

interpretation of performance of provisions of this rental agreement of

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breach, termination of validity thereof, which the parties are unable to

resolve by mutual agreement within a reasonable time.

1.8. “EFFECTIVE DATE” means the date on which this rental agreement take

effect which date shall be set out in the ANNEXURE TB1 attached

hereto. Notwithstanding, the date of signing of the MASTER RENTAL AGREEMENT.

1.9. “PRODUCT” shall mean any other item that the company requires being

the COMMODITY. The term maybe used interchangeable with the word“

CARGO”.

1.10. “MONTH” means calendar month.

1.11. “PARTIES” means the contractor and the transporter collectively.

1.12. “SERVICES” means the services identified in ANNEXURE B scope of

services.

1.13. “SERVICES DATE” means the date on which this rental agreement is

signed by the party that signs last.

1.14. “VEHICLE” means any mode of transport used by the transporter for the

transportation and Delivery of any products it terms of this rental

agreement.

1.15. “WEEK” means seven consecutive days.

1.16. “YEAR” shall mean a period of twelve consecutive months commencing

on the effective date or on the 1st day of January and a period of twelve

consecutive months thereafter whichever is applicable in terms of this

rental agreement.

1.17. Unless in consistent with the context, words and words signifying natural

personal shall include artificial person and vice versa. Signifying any one

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gender shall include the other, words signifying the singular shall include

the plural and vice versa.

1.18. Any reference in this rental agreement to a party includes that party's

permitted successors and signs.

1.19. Any reference to any status in this rental agreement shall be a reference

to that status at the signature date, and included all regulations, or

directions and promulgations issued or passed there under

1.20. When any number of days prescribed in this rental agreement, such

number shall be reckoned exclusively of the first and inclusively of the

last day unless the last day falls on another day other than a business

day, in which case the last day shall be the next succeeding business

day.

1.21. The heading in each section are used for convenience only and shall not

limit, or effect the interpretation hereunder

1.22. This rental agreement shall be interpreted and governed according to the

laws of the Republic of South Africa.

2. APPOINTMENT AND SCOPE OF SERVICE

2.1. The contractor hereby rents as set out in ANNEXURE TB1 to the

transporter to perform the services set forth herein subject to the terms

and conditions of this rental agreement.

2.2. The transporter hereby accepts the appointment and agrees to perform

the services in accordance with the terms and conditions of this rental

agreement.

3. DURATION AND COMMENCEMENT

3.1. This rental agreement shall be for a term from month to month on the

effective date and shall continue until expiry by one calendar month

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3.2. in the event of the Transporters failed to make timeliest rental payments

then this rental agreement shall automatically terminate by expiry due to

none payment at Transporters costs plus interest calculated at 10% per

annum on all amounts owing and due to contractor.

3.3. Thereafter if the transporter wishes to reinstate this rental agreement due

to none payment the Transporter must pay all expenses the Contractor

incurred during the non-payment period plus interest calculated at 10%

per annum.

3.3.1. The contactor will be paid upfront for rental agreement by

Transporter once accepted by contractors administration

department on approval of application.

4. STATUS OF TRANSPORTER

4.1. The transporter shall have an independent transport status and shall not

be considered as an employee for any purpose. Accordingly, the

transporter shall retain sole and absolute discretion in the manner and

means of carrying out its activities and responsibilities under this rental

agreement.

4.2. This rental agreement does not constitute an agreement of employment,

partnership joint venture of agency between contractor and the

transporter and shall not give rise to any relationship of employer and

employee, master and servant or, save as expressly stated otherwise,

principal and agent between the contractor and the transporter of

between the contractor and any employee agent of subcontractor of the

transporter.

4.3. Accordingly, the contractor shall be responsible for full workmen

compensation insurance cover for its employees and the transporter shall

not be liable for any injure loss or damage, arising in whether manner

caused to the transportation, movement or delivery of the products.

4.4. Neither party shall, save as expressly stated otherwise, have the power

to make a contract in the name of the other, to grant of pledge credit of

the other, to incur liabilities on behalf of the other or to the employee

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any person on behalf of the other and either party shall save as

expressly stated otherwise hold itself out to have such power to support

to exercise any such power.

4.5. The contractor shall not be liable for any obligations incurred by the

transporter save where prior written approval of such commitment and

liability was issued by the contractor.

5. COMPENSATION, BENEFIT AND EXPENSES

5.1. The contractor will provide transportation services for a rental

agreement to the transporter for the period of month to month; with a

one month’s calendar notice from ether party in writing.

5.2. The Contractor shall raise and submit one invoice every month for

rental and driver salary to Transporter for services rendered. Upfront

Payment shall be made by Transporter on delivery of

_______________________________________ side tippers then

every month their after on due date.

5.3. In the event of the Transporter none payment of due rental fee on due

date. The _______________________________will be withdrawn from

service at Transporters costs with interest added at 10% per annum.

5.4. The Transporter shall use its own tools, other materials to perform the

service. The Transporter shall be responsible for logistical

arrangements or the transportation of the products from a loading site

to an offloading site and shall be responsible for all incidental or related

costs that may arise.

5.5. The transporter is responsible for tire wear and tear and services due. The contractor will offer 24/7 breakdown repairs and add extra

days to rental for down time.

5.6. No cross-boarder work is allowed by transporter all work for this rental

agreement must be done within the borders of the Republic of South

Africa.

5.7. The transporter is to use the drivers designated to service only. By

contractor’s approval.

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6. TRANSPORTER OBLIGATIONS

6.1. The transporter hereby acknowledges and agrees to the following

obligations and covenants with the contractor to:

6.2. To transporter or move and deliver the product to the offloading sites by

means of the vehicles which shall be listed by rental agreement of the

parties in annexure 2 immediately before or after the signing of this

rental agreement provided that the vehicles meet the conditions

specified under this rental agreement.

6.3. The Contractor shall at all times ensure a valid Goods in transit cover is

in place.

6.4. The Transporter must at all times give driver proof of purchase or any

other documents to prove that the load he is transporting is legal and

official loading instructions for booking truck in to be loaded.

6.5. Transporter is not to overload trucks and devise ways to prevent,

control and avoid overloading. In the event of overloading the

transporter will be responsible for the trans-movement of the product to

the final off loading point at no cost to the contractor and any damage

that may accrue to ________________________________ due to

overloading will be for transporters account.

6.6. Ensure that its equipment, including but without limitation to all vehicles

used, is in good working and operating condition and is properly

maintained so as to avoid injury to any personnel, or damage to the

contractors 34 ton side tipper.

6.7. Ensure that the vehicles are at all times properly maintained in a

roadworthy and running condition, and to a standard that meets the

contractor requirements in regard to cleanliness, appearance and use.

Vehicles must be fitted with safety belts and reverse warning alarm

(visual and audio).

6.8. Transporter is required to manage the drivers and see that they fully

adhere with all relevant road traffic legislation and safety regulations

that are in force from time to time governing the conveyance of the

products.

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6.9. The Contractor is to provide drivers and loaders with appropriate safety

gear and ensure its correct use at all times as required.

6.10. Use qualified competent drivers trained in defensive driving and who

have obtained a recognized certificate there to, having valid driving

licenses and that are reliable, sober, literate and who are medically fit

and properly to convey the inputs. The transporters in his execution of

this rental agreement shall submit the names of such personnel to the

contractor.

6.11. At its own cost obtain all permits and the like that may be required in

order for it to lawfully perform its obligations in terms of this rental

agreement

6.12. Ensure that at all times during which the transporter is performing the

services a suitably qualified person is appointed by the transporter to be

responsible for and supervise the performance of the services and the

transporters other obligation in terms of this rental agreement and that at

least one such person is contractible 24 hours at the minimum

alternatively of contact person per 12 hours shift.

6.13. Cell phone, that at least one such person is available and authorized to

make all and any decisions regarding the performance of the

transportation services or any of the transporters other obligation in term

of this rental agreement.

6.14. In addition to the obligations herein before acknowledge the transporter

undertakes that:

6.14.1. All the equipment listed in this rental agreement shall be used by

the transporter exclusively for the purpose of this rental

agreement throughout the validity of the rental agreement and

those incompetent Drivers will be replaced immediately should

the contractor be of the opinion that the driver is unsuitable.

6.14.2. It will co-operate with all and any other persons performing any

services of any nature whatever at the loading sites or offloading

sites as may reasonably be necessary to properly perform its

duties in terms of this rental agreement.

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6.14.3. The Transporter will be liable for all rentals, driver salaries due

on due date to contractor. Any outstanding amounts due to

contractor will carry a 10% per annum interest on outstanding

amount. Any legal fees that may arise due to any breach of this

rental agreement or funds outstanding to contractor. Then legal

fees will be added to the amount recoverable.

7. SAFETY AND ENVIRONMENT

7.1. The transporter must observe and comply with at all times legislation and

rules affecting safety health and welfare of its employees and the

environment

8. EQUIPMENT

8.1. The transporter shall ensure that all of its equipment is at all times

serviceable and in this regard shall allow an agent appointed by the

contractor to inspect the vehicle from time to time by agreed appointment

and after the inspection of any vehicle adjudged to be unserviceable

shall be withdrawn by the contractor at transporters cost.

8.2. Interchanges of vehicles and equipment by the transporter shall be

allowed only in the case of breakdowns and inefficiencies provided prior

approval has been issued to the contractor contract manager.

9. ACCIDENTS AND BREAKDOWNS

9.1. In the event of any accident or breakdown involving any equipment used

for purposes in this rental agreement the transporter shall:

9.2. Immediately notify the contractor.

9.3. Arrange to trans-load and convey the products to the nearest offloading

site at its own expense.

9.4. Arrange with the necessary policy underwriters of the damage and

possible claim and make good on the claim with his ensure for the loss

or damage as a result of their director indirect involvement.

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9.5. The failure by the transporter to immediately notify the contractor of any

accident/or breakdown shall be considered as a material breach.

10. LIABILITY FOR LOSSES.

10.1. The transporter shall have the right to replace missing or damaged parts

by submitting a request to the contractor for approval.

10.2. The contractor reserves the right to reject the replacement parts if they

do not meet the same quality of the parts damaged or lost and to debit

the invoice as indicated in clause above.

11. CONTRACTOR’S OBLIGATIONS

11.1. during the term of this rental agreement the contractor shall:

11.2. Keep accurate records of inspection report before delivery of 34 ton side

tipper.

11.3. Ensure that vehicle is given to Transporter in good working condition

after signing inspection report by both parties.

11.4. The contractor shall be responsible for Goods In-Transit insurance and

vehicle insurance.

11.5. The transporter shall immediately report any major engine damage to

Contractor.

12. INSURANCE

12.1. The Contractor acknowledges and agrees that it is responsible for

procuring insurance in respect of all products in transit for each

consignment and that each consignment is adequately insured

12.2. The contractor shall procure at minimum third party vehicles insurance

for all vehicles used to carry out the services.

13. .DELIVERY TIMES

13.1. The Transporter shall ensure the delivery of the products within the time

periods of 12 hour shifts maximum per day prescribed by the contractor

failure of which shall constitute a material breach.

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14. INDEMNITY

14.1. The transporter shall indemnify and keep indemnified the contractor its

servants and employees form all claims and demands arising from

breach or non-observance of all applicable legislation in the execution of

the rental agreement. He shall keep indemnified the contractor from and

against all actions, claims, cost charges, proceedings and demands that

may be made or brought against the contractor or which the contractor

may bring or sustain in respect of such breach or non-observance and in

respect of damage or injury to the persons property directly or indirectly

due to or arising from an act neglect or default of the transporter its

agents.

15. SETTLEMENT OF DISPUTES

15.1. The contractor and the transporter shall in the first instance make every

effort to resolve amicably by direct,(documented) informal negotiation

any dispute of any kind arising between the parties in connection with

this rental agreement

15.2. In after fifteen days from the commencement of such informal

negotiations the parties have not succeeded in negotiating a resolution

or settlement of the dispute either party may refer the dispute for

determination by arbitration in accordance with the arbitration act of the

laws of the Republic South Africa or any statutory enactment in that be

half or the time being force. The decision of such an arbitrator shall be

final binding upon the parties and the rental agreement governed by its

term and condition will take precedence with a view to resolving the

indifference based on the acceptance of this rental agreement.

16. ASSIGNMENT

16.1. This rental agreement is personal to the transporter and the transporter

shall not assign transfer or support to assign or transfer to any other

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person any of its rights or obligations in whole or in part except with the

prior written consent of the contractor.

17. TERMINATION OF INSOLVENCY

17.1. The contractor may at all time terminate the contract by giving one month

written notice to the transporter if the transporter becomes bankrupt or

otherwise insolvent. In this event termination will not affect any right of

action or remedy which has occurred or will accrue thereafter to the

contractor.

17.2. The contractor may terminate this rental agreement without liability to the

transporter by giving notice at any time if:

17.2.1. The transporter makes any voluntary arrangement with its

creditor’s or being an individual or firm becomes bankrupt or

being a contractor becomes subject to an administration order or

goes into liquidation otherwise than for the purpose of

amalgamation or an approved restructuring or

17.2.2. An encumbrance takes possession or a receiver or liquidator is

appointed for any of the property or assets of the transporter or\

17.2.3. The transporter ceases or threatens to cease to carryon

business or

17.2.4. The contractor reasonably apprehends that any of the events

mentioned above is about to occur in the relation to the

transporter and notifies the contractor accordingly.

17.2.5. Any termination of this rental agreement pursuant to this clause

shall be without prejudice to any other rights or remedies that a

party may be entitled to here in or at law shall not affect any

accrued rights of liabilities of either party: the notice period shall

be two weeks given in writing

17.3. Without prejudice to any other remedy if the contractor exercises its right

to terminate this agreement in accordance the provisions if clause 22.1

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the transporter shall be obliged to repay the contractor forthwith any

service fee which has been pre-paid before termination.

18. TERMINATION OF DEFAULT

18.1. Without prejudice to any other remedy for breach of contract, his rental

agreement may be terminated or the with by either party if the other

commits any material breach of this rental agreement and which(in case

of a breach capable of being remedied) shall not have been remedied

within 14 days of a written request to remedy the same. In addition, the

contractor may terminate this rental agreement:

18.2. If the transporter through any of its employees engages in or knowingly

fails to take action to prevent the commission of any illegal activity at the

loading transport transfer offloading or consumption points of.

18.3. If the transporter is not able to carry out its obligations and or does not

perform its obligation under the rental agreement to the satisfaction of

the contractor.

18.4. In the event the contractor terminates the transporter in whole or in part

pursuant to clause.

18.5. Notwithstanding anything to the contrary and notwithstanding the

termination of this rental agreement or any part thereof for any reason

whatsoever the provisions of this rental agreement which expressly or by

implication are intended to survive such termination shall survive such

termination and shall continue to be of force and effect.

19. FORCE MAJEURE

19.1. The transporter shall not be liable for liquidated damages or termination

for default, to the extent that its delay in performance or other failure to

perform its obligation under this rental agreement is the result of an

event of force majeure.

19.2. For purposes of this clause“ force majeure” means an event beyond the

control of the transporter and not involving the transporter fault or

negligence and not foreseeable. Such events may include but are not

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restricted to wars or revolutions fires, floods, quarantine, Restrictions and

freight embargoes.

19.3. If a force majeure situation arises the transporter shall notify the

contractor in writing of such condition within 24 hours of becoming aware

of a “force majeure” situation.

19.4. This notification must describe the nature of the circumstances that have

emerged and if possible an estimated effect of the in ability of the

transporter to discharge its obligation under this agreement unless.

19.5. Otherwise directed by the contractor in writing the transporter shall

continue to perform its obligations under the contract as far as is

reasonably practical and shall seek all reasonable alternative means for

performance not prevented by the majeure event.

19.6. If an event of force majeure continues for a period of seven days or more

the contractor may terminate the contract without either party incurring

any further liabilities towards the other with respect to the contract other

than to effect payment for services already.

20. NOTICES

20.1. Save as is specifically and expressly stated in this rental agreement all

notices required or permitted under this rental agreement shall be made

in writing and shall be deemed to have been duly given if delivered by

hand or mailed postage prepaid by registration or certified mail return

receipt or by facsimile upon completion of dispatch and receipt of a

successful transmission slip sent to the party to receive such notice at

the above addresses of the contractor:

20.2. A party may at anytime change its address for service by notice in writing

to the other, provided that the new address consists of or includes a

physical address in the Republic of South Africa at which process can be

served.

20.3. Notwithstanding anything to the contrary, a written notice or

communication which has actually been received by a party shall be

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regarded as sufficient notice despite the fact that it has not been

dispatched or delivered to or received at the address for service.

21. WAIVERS

21.1. No failure on the part of any party to exercise and no delay in exercising

any right power or privilege under this rental agreement shall operate as

a waiver of such right power or privilege not shall any waiver of one

breach be construed as a waiver of any right or remedies with respect to

any subsequent breach. No waiver of the requirements of any provision

of this rental agreement shall be effective unless its in writing and signed

by the duly authorized representative of the party giving it.

22. AUTHORIZED REPRESENTATIVES

22.1. The authorized representatives of the parties shall be acetated under this

section. For the director, it shall be a director witnessed by the head of

logistics division while for the transporter it shall be a director and the

company secretary or another director witnessed by the senior officer.

The authorized representatives could also by any other persons

approved by the parties in writing.

23. ENTIRE AGREEMENTS

23.1. This agreement including any annexes attached hereto and documents

and instruments to be executed and delivered pursuant to the embodies

the entire rental agreement between the parties in relation to this rental

agreement and it supper seeds all prior negotiation and agreements

between the parties in relation thereto.

24. CONTRACT AMENDMENTS

24.1. No variation in or modification of the terms of the contract shall be made

except by written amendment signed by the parties. No agreements to

vary add to or cancel this rental agreement shall be of any force of effect

unless reduced to writing and signed by or on behalf of the parties to this

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rental agreement by the duly authorized representatives as defined in

this rental agreement.

25. LANGUAGE

25.1. Transactions under this rental agreement and all notice and other

communication between the parties shall be conducted in English

26. SEVERABILITY AND ENFORCEMENT

26.1. If any part of this rental agreement or the applicability thereof shall be

held by a court of competent jurisdiction to be in valid void illegal or

unenforceable for any reason and in any respect the validity legality or

enforceability of the remaining provision shall not be affected or impaired

in any way and such remaining provisions shall remain in full force and

effect.

27. GENERAL

27.1. This is an on-exclusive rental contract and the contractor reserves the

right to use (sub-contractors). Transporter is not allowed to contact any

of contractors (sub-contractors) in any form or manner whatsoever by

letter, cell phone or social media as this will constitute a MATERIAL BREACH of this rental agreement, the contractor will be able to sue of

damages and loss of income.

27.2. All obligations imposed by this rental agreement and the right and

remedies available herein shall be in addition to and not in limitation of

any duties obligations rights and remedies otherwise available by law.

28. CONTRACT CO-ORDINATOR

28.1. The contractor designates Brian Talbot as its contract manager. The

contract manager will be responsible for the coordination of activities

under this rental agreement including receiving and approving invoices

for the payments receivable.

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28.2. The transporter designates Mr. ______________________________as

transport manager. The transport manager will be responsible for the co-

ordination of activities under this rental agreement on its behalf

29. DELAYS

29.1. If the Transporters truck is not operating due to induction at mine not

passed/ no proof of purchase issued to driver for loads and downtime

due to Transporters contract start day then storage fees of R1800,00 per

day per truck will be invoiced by contractor.

SIGNED BY CONTRACTORFULL NAMES_________________________________________________________Signature: _______________________________

This _______ day of _____ 20__

In the presence of: Name:________________________________________________

Address:_____________________________________________________________

Signature: ________________________________________________

SIGNED for and on behalf of TRANSPORTER duly authorised.

Full Name:_____________________________________________________________

Signature: ____________________________________

This _______ day of _____ 20__

In the presence of: Name:__________________________________________________

Address:________________________________________________________________

Signature: _________________________________________________

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ANNEXURE TB1SUB-RENTAL AGREEMENT

The contractor hereby rents ____________________________________________ (herein after referred to as the "truck/s") to the transporter to perform the services set

forth herein subject to the terms and conditions of the MASTER RENTAL AGREEMENT.

EFFECTIVE DATE _______________________________________________________(LETTER OF INTENT)LOADING: _________________________________________________MINE: _________________________________________________

COMMODITY: _________________________________________________OFFLOADING: _________________________________________________

_________________________________________________(Return trip)LOADING: _________________________________________________COMMODITY: _________________________________________________OFF LOADING: _________________________________________________

The operating hours is from ___H____ to ___H____ or maximum _____ hour shift per day depend on as agreed between both parties. The truck will work every day and driver rests between shifts.

The rate is a Monthly Rental of R___________ (_______________________________ ______________________________________________________________________) per month PER truck payment due every month from date signed hereof of ____________________________ per month per truck. The driver salary is paid up front on delivery of __________________and every month on due date of ____________________ ______________ per driver and due every month on same date rental is due.

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A R____________ (_____________________________________________________________________) damage deposit is held per truck by contractor during rental period and is refunded after rental period and inspection report and no damages reported .ANNEXURE2

List of vehicle (Spread Sheet)

Ref

no:

HorseReg.

no:

Trailer 1

reg.

Trailer 2

reg.

Driver1

name: surname

ID

NUMBER:

CELL

NUMBER:

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