Confidential Certain information in this document identified by brackets has been omitted because it is both not material and would be competitively harmful if publicly disclosed.
Exhibit 4.10
Confidential
Certain information in this document identified by brackets has been omitted because it is both not material and would be competitively harmful if publicly disclosed.
| Variation Agreement | |
| Qantas Airways Limited (Qantas) | |
| Globavend (HK) Limited (Company) | |
| Agreement Number BSAHKGGLOBAVEND2026 |
| Parties | ||
| This agreement dated 05 Jan 2026 between these parties: | ||
| Qantas | Qantas Airways Limited (ABN 16 009 661 ▇▇▇ ▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ | |
| Company | Globavend (HK) Limited of ▇▇▇▇ ▇▇▇, ▇/▇, ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇-▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇.▇., ▇▇. | |
Recitals
| A | Qantas and Company are parties to the Original Agreement. |
| B | The parties agree to vary the Original Agreement on the terms and conditions contained in this Variation Agreement. |
Agreement Details
| Item | Details |
| Original Agreement | Block Space Agreement dated 09 January 2025 |
| Effective Date of Variation | 01 January 2026 |
| Agreement No: BSAHKGGLOBAVEND2026 | Page 2 of 5 | Variation Agreement |
Execution
EXECUTED as an agreement
| SIGNED for and on behalf of
QANTAS AIRWAYS LIMITED ABN 16 009 661 901 |
SIGNED for and on behalf of GLOBAVEND (HK) LIMITED | |
| by a duly authorised representative in the presence of: | by a duly authorised representative in the presence of: | |
| /s/ ▇▇▇▇ ▇▇▇▇ | /s/ ▇▇▇▇▇ ▇▇▇ | |
| Signature of witness | Signature of witness | |
| ▇▇▇▇ ▇▇▇▇ | ▇▇▇▇▇ ▇▇▇ | |
| Name of witness (print) | Name of witness (print) | |
| /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ | /s/ ▇▇▇▇▇ ▇▇▇ | |
| Signature of authorised representative | Signature of authorised representative | |
| ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ | DIRECTOR | |
| Name of authorised representative (print) | Name of authorised representative (print) | |
| Executive Manager Freight | DIRECTOR | |
| Title of authorised representative (print) | Title of authorised representative (print) | |
| 23/12/2025 | 22-12-2025 | |
| Date (print) | Date (print) |
| Agreement No: BSAHKGGLOBAVEND2026 | Page 3 of 5 | Variation Agreement |
Terms
| 1. | Consideration |
| 1.1 | This Variation Agreement is entered into in consideration of the parties incurring obligations and giving rights under this Variation Agreement and the Original Agreement. |
| 1.2 | The parties acknowledge the sufficiency of the consideration. |
| 2. | Amendment |
| 2.1 | With effect from the Effective Date of Variation, the terms of the Original Agreement are amended by deleting Schedule 1 and replacing with the Schedule 1 attached to the following page of this Variation Agreement. |
| 3. | General |
| 3.1 | In this Variation Agreement, unless the context requires otherwise, capitalised terms have the meanings set out in the Agreement Details or set out in the Original Agreement. |
| 3.2 | This Variation Agreement contains all the terms with respect to its subject matter and supersedes all prior communications with respect to that subject matter. |
| 3.3 | Except as specifically amended by this Variation Agreement, the provisions of the Original Agreement shall remain in full force and effect. |
| 3.4 | This Agreement is governed by the same governing law as the Original Agreement and each party submits to the exclusive jurisdiction of the same courts as they submit to in the Original Agreement. |
| 3.5 | This Variation Agreement may be executed in any number of counterparts. |
| Agreement No: BSAHKGGLOBAVEND2026 | Page 4 of 5 | Variation Agreement |
SCHEDULE 1
TERM
Commencement Date: 01 January 2026
Expiry Date: 31 December 2026
BLOCK SPACE, RATES, ROUTES AND FLIGHTS
| Route | Aircraft | Flight No. | Day | Block Space | Rates | |
| Origin | Destination | |||||
| HKG | SYD | [Redacted] | [Redacted] | [Redacted] | [Redacted] | [Redacted] |
| HKG | ▇▇▇ | [Redacted] | [Redacted] | [Redacted] | [Redacted] | [Redacted] |
Conditions applicable to the Block Space and Rates in this Schedule 1:
| ● | Rates apply to the chargeable weight shown on the Qantas Air Waybill. | |
| ● | Each Qantas Air Waybill issued under this Agreement must be above [Redacted] kg. | |
| ● | Rates only apply to general cargo. | |
| ● | Rates exclude Other Charges such as but not limited to fuel and security surcharges. |
Minimum Pivot
| ● | [Redacted] |
Blackout period ([Redacted] commitment on below dates if we operate)
| ● | [Redacted] | |
| ● | [Redacted] |
Dead Freight will apply for non-fulfilment / under pivot after monthly EQ
CLOSE-OUT TIME
Freight must be presented for lodgment at least [Redacted] hours prior to scheduled departure or such time otherwise notified by Qantas.
ADDRESS FOR NOTICES
| Address for Notices | ||
| Qantas Airways Limited | Globavend (HK) Limited | |
| Attention: [Redacted] | Attention: [Redacted] | |
| [Redacted] | [Redacted] | |
| Mobile: [Redacted] | Mobile: [Redacted] | |
| Email: [Redacted] | Email: [Redacted] | |
| Agreement No: BSAHKGGLOBAVEND2026 | Page 5 of 5 | Variation Agreement |