Addendum to Contract between Gold Fields Orogen Holding and Paul A. Schmidt



 Exhibit 4.42 
 Gold Fields Orogen Holding (BVI) Limited 
  

 

							
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Private & Confidential 

1 April 2010 
 Mr PA Schmidt 

1 The Cotswolds 
 Malawa Road 

Sunninghill 
 2157 

Dear Paul 
 Addendum to Employment Contract
– Amendment to Notice Period 
 A resolution was passed by the Remuneration Committee on 25 March 2010 relating to extension of
notice periods for Executives. Please be advised of the amendment to your notice period which is now twelve (12) months. Details of the benefits which may be applicable based on the nature of termination are set out in the attached Addendum to
your Employment Contract. 
 This Addendum will be applicable with effect from 1 April 2010, subject to your acceptance by signing and
returning the Addendum to Mrs Boninelli. 
  

	
	Yours sincerely
	
	 /s/ Johan Pauley

	Johan Pauley

 For and on behalf of Gold Fields
Oregon Holding (BVI) Limited 
 A Company Incorporated in The British Virgin Islands 







 FIRST ADDENDUM 

to the 

EMPLOYMENT CONTRACT 
 Made and entered into between 
 Gold Fields Orogen Holding (BVI) Limited

 and 
 PA Schmidt 
 dated 

01 APRIL 2010 







  

	 	1.	NOTICE OF TERMINATION 

  

	1.1	Your employment shall continue for an indefinite period subject to you being able to terminate the employment relationship by furnishing the Board with twelve
(12) calendar months written notice or the Board furnishing you with twelve (12) calendar months written notice thereof. Should the Company require of you not to work your notice period (albeit Company or employee initiated) or any part
thereof, you shall be entitled to your GRP up to the last day of your notice period. As concerns your benefits: 

  

	 	•	 	 You shall continue to retain membership of the Retirement and the Medical aid funds and this will be funded from your GRP.



  

	 	•	 	 You shall be entitled to receive the Bonus Incentive pro-rated up to the last day of your notice period based on the average percentage annual
performance bonus received over the past two years. 


  

	 	•	 	 You shall be entitled to exercise all share options, which have vested prior to or on the last day of your notice period and you will have up to the
date of expiry in which to do so. 


  

	 	•	 	 You shall be entitled to exercise all SARS, which have vested prior to or on the last day of your notice period and you will have 12 (twelve) months in
which to do so. 


  

	 	•	 	 You shall be entitled to sell all PVRS, which have settled prior to or on the last day of your notice period, according to the rules of the Share
scheme. 


  

	 	•	 	 You shall be entitled to the benefit of spousal travel as approved by the CEO up to the last day worked. 



 

	 	•	 	 You shall be entitled to accrue leave up to the last day worked. The Company encourages that you make use of accrued leave up to and including the date
of notice. Should you not have taken up accrued leave as at the date of notice by the end of your notice period, leave accrued up to this point shall be forfeited. 



 

	 	•	 	 You shall be entitled to be compensated for any Business travel and cell phone re-imbursement up to the last day worked. 



 

	 	•	 	 You shall be entitled to the use of your laptop, credit cards and all other benefits that may not be covered under 7.1 above, up to the last day
worked. 









 In the event that you request not to work your full notice period, the Company may consider
this request. This shall result in your GRP and benefits as listed above being paid out to you as at your last day worked. In addition, you shall lose all claims to any pro-rated bonus to be paid as well as any options, shares and PVRS that may not
have vested/settled as at the date of your last day worked. The aforegoing shall not derogate from the entitlement of either party to terminate this agreement summarily on grounds permitted in law. In the event of a change of control of GFL, the
Remuneration and benefits as per clause 8.1 will apply instead. 
  

	1.2	Your employment contemplated herein shall terminate ipso facto upon you reaching the retirement age of 60 (sixty) years. 


 

					
	  
	 		 	
	 For and on behalf of Gold Fields
 OROGEN HOLDINGS BVI LIMITED
	 		 	I hereby accept the terms and conditions of employment as set out in this letter of appointment.
			
	 14 April 2010
	 		 	 /s/ P Schmidt

	Date	 		 	Mr P Schmidt
			
		 		 	 17/5/2010

		 		 	Date