Term Contract Clauses (29,524)

Term. The term of this Agreement shall be for a period of one year commencing on November 1, 2013. Thereafter, this Agreement may be extended for periods by the mutual Agreement of the parties hereto. Said extensions must be in writing, executed before the end of the initial term or any extension thereof.

Term. Commencing as of the Effective Date, and continuing for a period of one (1) year (the "Term"), unless earlier terminated pursuant to Article 4 hereof, the Consultant agrees that he/she will serve as a consultant to the Company. This Agreement may be renewed or extended for any period as may be agreed by the parties.

Term. This Option will terminate on [ , 2025]3 (the "Option Expiration Date"); provided that if: (a) the Optionee's Continuous Service is terminated by the Company for any reason other than a Termination for Cause, death, or permanent disability, then the Optionee may exercise the vested portion of this Option in full until the 90th day following such termination (at which time this Option will be cancelled), but not later than the Option Expiration Date; (b) the Optionee's Continuous Service is... voluntarily terminated by the Optionee (except as provided in Section 2(d) below), then the Optionee may exercise the vested portion of this Option in full until the 30th day following such termination (at which time this Option will be cancelled), but not later than the Option Expiration Date; (c) the Optionee's Continuous Service is terminated by the Company due to the Optionee's death or permanent disability, then the Optionee (or his or her beneficiary, in the case of death) may exercise the vested portion of this Option in full until one year following such termination (at which time this Option will be cancelled), but not later than the Option Expiration Date; 1 NTD: Insert Market Value per Share on the Date of Grant. 2 NTD: Insert the end of the fiscal year for the first year following the Date of Grant. 3 NTD: Insert 10 years from the Date of Grant. (d) the Optionee's Continuous Service is terminated by the Company as a result of a Termination for Cause (or by the Optionee at a time when the Company could terminate the Optionee under a Termination for Cause), then this Option will be cancelled upon the date of such termination; and (e) the Optionee's Continuous Service is terminated as a result of the Optionee's retirement, then the Optionee may exercise the vested portion of this Option in full until the earlier of (x) the fifth year following such retirement and (y) the Option Expiration Date. For purposes of this Agreement, whether the Optionee's Continuous Service with the Company has been terminated as a result of the Optionee's retirement will be determined by the Board in its sole discretion. View More

Term. Subject to the provisions for termination set forth in Section 9, the initial Term of employment under this Agreement shall be for a period of three (3) years commencing on the Effective Date (the "Initial Term") and shall be automatically extended for additional one (1) year periods, unless one of the Parties shall give written notice to the other on or before the date which is six (6) months prior to the expiration of the current Term of the Agreement of such Party's election not to so extend... this Agreement (the Initial Term, together with any extensions thereto, the "Term"). For the avoidance of doubt, non-extension of the Initial Term or any extended Term by either Party shall not constitute termination by the Company without Cause or constitute Good Reason. In the event that the Transactions are not consummated, this Agreement shall be void ab initio and the Prior Agreement shall remain in full force and effect in accordance with its terms. View More

Term. The term of Employee's employment under this Agreement shall commence on January 2, 2014 (the "Commencement Date") and, subject to Section 12 and Section 16(j) hereof, shall expire on December 31, 2014 (the "Initial Term"). After the expiration of the Initial Term, Employee's term of employment under this Agreement shall be renewed for successive one-year periods (each, a "Renewal Term"; the Initial Term and each Renewal Term are each sometimes referred to herein as a "Term") without further... action by the Parties, unless either Party has provided the other Party with written notice at least 90 days prior to the commencement of a Renewal Term of such Party's decision not to renew Employee's employment under this Agreement for such Renewal Term. View More

Term. The appointment is subject to the Board of Directors determining, both initially and from time to time, that the Director meets the definition of "independent" under the applicable rules of the SEC and the market on which the Company's shares are traded or listed for quotation. The term of this Agreement shall commence as of the date hereof and shall continue until December 31, 2015 or his earlier death, incapacity, removal or resignation; provided, however, that this Agreement shall... automatically continue for successive one (1) year terms beginning each December 31 unless terminated in accordance with the terms hereof. The Board of Directors or a designated committee thereof shall have the discretion to nominate or decline to nominate the Director for election at each annual or applicable special meeting of the Company's stockholders, and the failure to nominate the Director as, if and when such nominations are made shall be deemed a termination of this Agreement for purposes of Section 8 hereof. 1 3. COMPENSATION. Subject to the approvals by the Compensation Committee or the Board of Directors, for all duties and services to be performed by the Director hereunder, the Director may be entitled to earn cash fees under guidelines and rules established by the Company from time to time for compensating non-employee directors for serving on, and attending meetings of, committees of its Board of Directors and the boards of directors of its subsidiaries. In addition to the cash fees described above, the Company may grant the Director options to purchase or restricted shares of the Company's common stock (collectively, the "Shares") under the Company's director compensation plans adopted from time to time. No registration rights are hereby granted with respect to the Shares. Initial compensation for the Lead Outside Director will consist of: 1) 8,500,000 Stock Options per year of Service, vesting over 2 years according to the following schedule: a. 2,833,333 Stock Options upon acceptance b. 2,833,333 Stock Options after 12 months c. 2,833,334 Stock Options after 24 months 2) 6,375,000 Stock Options as a one-time grant for extraordinary service to the company, vesting over 2 years according to the following schedule: a. 2,125,000 Stock Options upon acceptance b. 2,125,000 Stock Options after 12 months c. 2,125,000 Stock Options after 24 months 4. MARKET STAND-OFF AGREEMENT. In the event of a public or private offering of the Company's securities and upon request of the Company, the underwriters or placement agents placing the offering of the Company's securities, the Director agrees not to sell, make any short sale of, loan, grant any option for the purchase of, or otherwise dispose of any of the Shares other than those included in the registration, without the prior written consent of the Company or such underwriters, as the case may be, for such period of time from the effective date of such registration as may be requested by the Company or such placement agent or underwriter. View More

Term. Subject to Section 5 hereof, the Company agrees to continue to employ Executive, and Executive agrees to be employed by the Company, in each case pursuant to this Agreement, for a period commencing on the Effective Date and ending on the third anniversary of the Effective Date (the "Initial Term"); provided, however, that the period of Executive's employment pursuant to this Agreement shall be automatically extended for successive one-year periods thereafter (each, a "Renewal Term"), in each... case unless either party to this Agreement provides the other party with written notice that such period shall not be so extended at least ninety (90) days in advance of the expiration of the Initial Term or the then-current Renewal Term, as applicable (the Initial Term and any Renewal Term, collectively, the "Employment Term"). Each additional one-year Renewal Term shall be added to the end of the next scheduled expiration date of the Initial 1 Term or Renewal Term, as applicable, as of the first day after the last date on which notice may be given pursuant to the preceding sentence. View More

Term. Executive's employment with the Company shall be governed by the provisions of this Agreement for the period commencing on the date written above and continuing until such employment is terminated pursuant to this Agreement or this Agreement is terminated pursuant to the next sentence. This Agreement may be terminated for any reason by either the Company or Executive giving written notification of an intention to terminate this Agreement to the other party, which written notification must be... received at least six (6) months prior to the termination date of this Agreement. The period during which the Executive provides services to the Company pursuant to this Agreement shall be referenced in this Agreement as the "Employment Period." 3. Position and Duties. Executive agrees to serve as an employee of the Company and as Regional President, Americas Freight Forwarding, of UTi Worldwide and in such other position or positions within the UTi Group as may be reasonably requested by the Company or any other member of the UTi Group and to perform services for the UTi Group, all without any additional consideration. Executive shall perform Executive's duties and obligations faithfully and diligently and shall devote all of Executive's business time, attention and efforts exclusively to the business of the UTi Group. Executive shall industriously perform Executive's duties under the supervision of, and shall report to, the Executive Vice President, Global Operations, of UTi Worldwide or such other officer or officers of UTi Worldwide as determined by either the Board of Directors of UTi Worldwide (the "UTiW Board") or the Chief Executive Officer of UTi Worldwide. Executive shall accept and comply with all lawful directions from and all policies established from time to time which are applicable to Executive. Executive shall adhere to the policies and procedures generally applicable to employees of the Company and the UTi Group. View More

Term. The initial term of this Agreement shall begin on 1st September, 2011, and shall continue until December 31, 2012, unless terminated prior thereto pursuant to Paragraph 7 below (the "Initial Term"). At the expiration of the Initial Term, the Term of this Agreement shall automatically renew for successive one (1) month periods (the Initial Term, all such renewal periods and the Transition Period (as defined below), the "Term") unless written notice of non-renewal is provided by one party to the... other at least ten (10) days prior to the applicable renewal date. View More

Term. You may not exercise your Option after its term expires. Subject to the provisions of the Plan and this Agreement, you may exercise all or any part of the vested portion of your Option at any time prior to the earliest to occur of: (a) the date on which you breach any of the restrictive covenants set forth in Section 15 below; (b) the date on which a Change in Control occurs; or (c) the Expiration Date indicated in the Grant Notice.