Re: Voting AgreementsPrivate and Confidential • December 21st, 2007 • PTR Holdings Inc • Arrangement of transportation of freight & cargo
Reference is made to (a) that certain Voting Agreement dated as of May 6, 2002, by and between Union-Transport Holdings Inc., a British Virgin Islands company (“UTH”), and Roger MacFarlane, and (b) that certain Voting Agreement dated as of May 6, 2002, by and between UTH and The MacFarlane Childrens’ Trust established June 28, 1993, as amended by that certain Letter Agreement dated as of June 6, 2005 (collectively, the “Voting Agreement”).
SHARE PURCHASE AGREEMENT For the sale and purchase of Shares in Union-Transport Holdings IncShare Purchase Agreement • December 21st, 2007 • PTR Holdings Inc • Arrangement of transportation of freight & cargo • England
As of 21 December 2007, and by way of a purely internal private restructuring where shares of the Sellers in Union-Transport Holdings Inc. are exchanged for shares in UTi Worldwide Inc, the Sellers agreed to sell to the Purchaser which agreed to purchase all of the shares held by the Sellers in Union-Transport Holdings Inc on the terms set out below.
