<PAGE>

                                                                   EXHIBIT 10.11

                               UTi WORLDWIDE INC.
       AMENDED AND RESTATED SENIOR LEADERSHIP TEAM ANNUAL CASH BONUS PLAN

      THIS UTi WORLDWIDE INC. AMENDED AND RESTATED SENIOR LEADERSHIP TEAM ANNUAL
CASH BONUS PLAN (the "Plan") is adopted by UTi Worldwide Inc., a British Virgin
Islands corporation (the "Company"). The terms of the Plan are as follows,
effective December 2, 2004:

      1. Purpose. The Plan is designed to increase shareholder value through
effective use of cash awards. The Plan serves as a vehicle for retaining key
members of the Company's Senior Leadership Team (the "SLT") and sustaining
exceptional performance, and is an important component of the Company's overall
competitive compensation package. It is expressly understood that one purpose of
Plan and any potential bonus hereunder is to provides incentives for, and reward
continued employment by, the participants through and until such date as the
bonus is paid. Consequently, only participants who remain employed on a
full-time basis through the bonus payment date shall be eligible to receive any
bonus hereunder.

      2. Participants. The participants in this Plan shall be those senior
executive officers of the Company who have been designated as participants with
respect to each fiscal year of the Company by the Compensation Committee of the
Company's Board of Directors (the "Compensation Committee"), in its sole and
absolute discretion.

      3. Bonus. The Plan shall reward the eligible participants for performance
against yearly performance objectives, as well as against the Company's
performance. The individual performance objectives may include, without
limitation, (a) the development, implementation and leading long-term strategic
initiatives, (b) achievement of regional financial targets, (c) ensuring
operational excellence within and across the Company's core services, (d)
providing leadership and creating an environment that fosters passion, teamwork
and agility within the organization, (e) building and sustaining long-term
customer relationships, (f) leading and supporting enterprise initiatives, and
(g) such other performance objectives as ultimately agreed to by the
Compensation Committee. The SLT members shall set formal management objectives
for each fiscal year, and such objectives shall then be reviewed and approved by
the Management Committee of the Company's Board of Directors (the "Management
Committee") and the Compensation Committee. Performance shall be evaluated
against the approved objectives at the end of the fiscal year and the Management
Committee shall recommend annual cash bonus award amounts to the Compensation
Committee for all SLT members excluding themselves. Notwithstanding such
recommendations, any and all bonuses payable under the Plan shall be determined
by the Compensation Committee in its sole and absolute discretion.

      4. Payment of Bonus. The amount of any bonus payable hereunder, and the
timing of such bonus payment, shall be as determined by the Compensation
Committee in its sole and absolute discretion. Payment shall be made from the
Company's general assets; no trust fund shall be established for purposes of
funding said payments. The bonus may not be assigned, transferred, mortgaged or
hypothecated prior to actual receipt, and any such attempt will be null and
void.

                                      -1-
<PAGE>

      5. Administration. This Plan shall be administered by the Compensation
Committee. The Compensation Committee shall have the authority to interpret the
provisions of this Plan, direct the calculation and payment of bonuses in
accordance with the terms hereof, and make final decisions with respect to the
entitlement of any participant to a bonus. Any decisions by the Compensation
Committee are final and binding upon all parties.

      6. Duration. This Plan shall continue until terminated by the Company's
Board of Directors; provided, however, that the Board may update, amend, modify
or terminate this Plan at any time in its sole and absolute discretion.

                                      -2-