Document:

EX-4.54

 Exhibit 4.54 

edward nathan sonnenberg 

johannesburg cape town durban stellenbosch 

150 west street 
 sandown sandton
johannesburg 2196 
 p o box 783347 sandton south africa 2146 

docex 152 randburg 
 tel +2711 269
7600 fax +2711 269 7899 
 info@ens.co.za www.ens.co.za 
  

			
	 	 	 

 SECOND ADDENDUM TO THE AMENDED AND RESTATED SALE OF SHARES AND CLAIMS AGREEMENT 

entered into between 
 HARMONY GOLD MINING COMPANY
LIMITED 
 and 
 EMERALD PANTHER INVESTMENTS 91
PROPRIETARY LIMITED 
 and 
 PAN AFRICAN RESOURCES PLC

 and 
 EVANDER GOLD MINES LIMITED 

and 
 RANDFONTEIN ESTATES LIMITED 

and 
 FIREFLY INVESTMENTS 251 PROPRIETARY LIMITED 

 TABLE OF CONTENTS 
  

							
	 Clause number and description
	  	Page	 
			
	 1.
	 	 INTERPRETATION
	  	 	1	  
			
	 2.
	 	 INTRODUCTION
	  	 	1	  
			
	 3.
	 	 AMENDMENTS
	  	 	2	  
			
	 4.
	 	 ANCILLARY AGREEMENTS
	  	 	8	  
			
	 5.
	 	 SAVINGS CLAUSE
	  	 	9	  
			
	 6.
	 	 COSTS
	  	 	9	  
			
	 7.
	 	 SIGNATURE
	  	 	9	  

	1.	INTERPRETATION 

 In this Addendum – 

 

	 	1.1.	“Addendum” means this second addendum to the Amended and Restated Sale of Shares and Claims Agreement; 

  

	 	1.2.	“Amended and Restated Sale of Shares and Claims Agreement” means the agreement headed “Amended and Restated Sale of Shares and Claims Agreement” entered into between the Parties on
15 August 2012, as amended by the first addendum thereto dated 31 October 2012; 

  

	 	1.3.	“Firefly” means Firefly Investments 251 Proprietary Limited, registration number 2012/084164/07, a limited liability private company duly incorporated in South Africa; 

 

	 	1.4.	“Pledge and Cession Agreements” means an agreement between – 

  

	 	1.4.1.	the Seller and Pan African in terms of which Pan African pledges and cedes the entire issued share capital of, and all of its claims on loan account against, the Purchaser to the Seller as security for the performance
by Pan African of its obligations under clause 13 of the Agreement; and 

  

	 	1.4.2.	the Seller and the Purchaser in terms of which the Purchaser pledges and cedes the (i) entire issued share capital of, and all of its claims on loan account against, the Company, and (ii) entire issued share
capital of, and all of its claims on loan account against, Firefly, to the Seller as security for the obligation of the Purchaser to pay the balance of the Purchase Consideration to the Seller in terms of clause 9.5 of the Agreement;

  

	 	1.5.	words and expressions defined in the Amended and Restated Sale of Shares and Claims Agreement will have the same meanings and any reference to the words “clause” or “clauses” will refer to clauses of
the Amended and Restated Sale of Shares and Claims Agreement. 

  

	2.	INTRODUCTION 

  

	 	2.1.	The Parties have agreed to make certain amendments to the Amended and Restated Sale of Shares and Claims Agreement. 

  

	 	2.2.	The Parties wish to record their agreement in writing. 

  
 1 

	3.	AMENDMENTS 

  

	 	3.1.	The Amended and Restated Sale of Shares and Claims Agreements amended as follows – 

  

	 	3.1.1.	clause 2.1.10.1 is deleted in its entirety and replaced with a new clause 2.1.10.1 as follows – 

  

	 	“2.1.10.1	18 January 2013”; 

  

	 	3.1.2.	clause 2.1.22 is deleted in its entirety and replaced with a new clause 2.1.22 as follows – 

  

	 	“2.1.22	“Deposit Date” means the 10th (tenth) business day after the later of - 

 

	 	3.1.3.	clause 2.1.22.1 is deleted in its entirety and replaced with a new clause 2.1.22.1 as follows – 

  

	 	“2.1.22.1	18 January 2013; 

  

	 	3.1.4.	clause 2.1.61 is deleted in its entirety and replaced with a new clause 2.1.61 as follows – 

  

	 	“2.1.61	“Seller’s Attorneys” means Edward Nathan Sonnenbergs Incorporated, registration number 2006/018200/21, a firm of attorneys duly incorporated as a private company in South
Africa.” 

  

	 	3.1.5.	clause 5.1.2 is deleted in its entirety and replaced with a new clause 5.1.2 as follows - 

 

	 	“5.1.2	by not later than 23h59 on 31 January 2012, the Company has entered into a new electricity supply agreement with Eskom on terms and conditions substantially similar to those contained in the Eskom Agreement, or
on other terms and conditions approved by the Seller and the Purchaser, acting reasonably.” 

  

	 	3.1.6.	clause 5.1.6 is deleted in its entirety and replaced with a new clause 5.1.6 as follows - 

“by not later than 23h59 on (i) 30 November 2012, the resolutions referred to in clause 5.1.4 have been adopted by
Pan African’s shareholders and have become unconditional, and (ii) 31 December 2012, all stock exchanges on which Pan African’s shares are listed have given any approvals which may be required for the implementation of the Sale
and all matters contained in such resolutions; and” 

  
 2 

	 	3.1.7.	clause 9.1 is deleted in its entirety and replaced with a new clause 9.1 as follows – 

  

	 	“9.1	The Purchase Consideration is an amount calculated in accordance with the following formula – 

PC = A – B - C 

Where – 
  

	 	PC =	the Purchase Consideration; 

  

	 	A =	(i) R1 500 000 000 (one billion five hundred million rand) if the Closing Date occurs on 31 October 2012, (ii) the Reduced Consideration if the Closing Date occurs before 31 October 2012; or (iii) the Increased
Consideration if the Closing Date occurs after 31 October 2012; 

  

	 	B =	the aggregate of any Distributions made by any member of the Group to any member of the Seller’s Group, and any repayment of any amount owing by any member of the Group to any member of the Seller’s Group
on loan account, in terms of clause 17.8.2 or in contravention of the provisions of clause 17; and 

  

	 	C =	in respect of each Distribution or repayment referred to in B above, an amount calculated in accordance with the following formula – 

C = (N/365 x 0.05 x D) 

Where – 

C = the amount to be calculated; 
  

	 	N =	the number of days from the date on which such Distribution or repayment was made to the Closing Date; and 

D = the amount of that Distribution or repayment.”. 

  
 3 

	 	3.1.8.	clause 9.3 is deleted in its entirety and replaced with a new clause 9.3 as follows - 

 

	 	“9.3	The Purchase Consideration less the aggregate of - 

  

	 	9.3.1	if the Break Fee was paid by the Purchaser to the Seller in terms of clause 11.1, the amount deemed to have been paid to the Seller as part payment of the Purchase Consideration in terms of clause 11.4;

  

	 	9.3.2	if all or any part of the Deposit was paid by the Purchaser to the Seller in terms of clause 10, the amount deemed to have been paid to the Seller as part payment of the Purchase Consideration in terms of
clause 10.3; and 

  

	 	9.3.3	R500 000 000 (five hundred million rand), 

 shall be paid by the Purchaser
to the Seller in cash on the Closing Date. For the avoidance of doubt, it is recorded that if the amount calculated in terms of this clause 9.3 is a negative number, no payment shall be required to be made.” 

 

	 	3.1.9.	Clause 9 is amended by the insertion of a new clause 9.5 as follows at the end of the clause – 

  

	 	“9.5	The balance of the Purchase Consideration, after deducting the amount paid by the Purchaser to the Seller in terms of clause 9.3 and the amount deemed to have been paid to the Seller as part payment of the
Purchase Consideration in terms of clauses 10.3 and 11.4, shall be paid by the Purchaser to the Seller in cash within 10 (ten) business days after the Closing Date.” 

 

	 	3.1.10.	clause 10.1.4 is deleted in its entirety and replaced with a new clause 10.1.4 as follows – 

“10.1.4 the Company has, to the extent required by the Purchaser - 

 

	 	10.1.4.1	registered the mortgage bonds referred to in clause 4 of the security cession agreement which is attached hereto as Annexure 4; and 

 

	 	10.1.4.2	registered – 

  
 4 

	 	10.1.4.2.1	a special notarial bond in such form as may be required by the Purchaser, acting reasonably, over all plant, equipment and vehicles of the Company; and 

 

	 	10.1.4.2.2	the mortgage bonds referred to in clause 4 of the security cession agreement which is attached hereto as Annexure 4 over the following immovable properties – 

 

	 	10.1.4.2.2.1	remaining extent of the Farm Leeuwpan 532 IR held by title deed number T12044/1964; 

  

	 	10.1.4.2.2.2	portion 7 of the Farm Leeuwpan 532 IR held by titled deed number T12044/1964; 

  

	 	10.1.4.2.2.3	the farm annex Leeuwpan 533 IR held by titled deed number T12044/1964; 

  

	 	10.1.4.2.2.4	portion 6 of the Farm Rietkuil 531 IR held by deed of transfer number T 31847/1963; 

  

	 	10.1.4.2.2.5	portion 11 (a portion of portion 9) of the Farm Leeuwpan 532 IR held by deed of transfer number T32915/1963; 

  

	 	10.1.4.2.2.6	portion 15 (a portion of portion 3) of the Farm Leeuwpan 532 IR held by deed of transfer number T34265/1963; 

  

	 	10.1.4.2.2.7	remaining extent of portion 9 (a portion of portion 2) of the Farm Leeuwpen 532 JR held by deed of transfer number T34266/1963; 

  
 5 

	 	10.1.4.2.2.8	portion 14 (a portion of portion 3 of the Farm Leeuwpen 532 JR held by deed of transfer number T34519/1963; 

  

	 	10.1.4.2.2.9	portion 6 of the Farm Leeuwpen 532 JR held by deed of transfer number T35529/1963; and 

  

	 	10.1.4.2.2.10	remaining extent of portion 2 of the Farm Leeuwpen 532 JR held by deed of transfer number T36865/1963.”, 

  

	 	3.1.11.	the hanging paragraph at the end of clause 10.1 is deleted in its entirety and replaced with a new hanging paragraph as follows -; 

“the Purchaser shall, on the Deposit Date, pay to the Seller such portion of the Deposit as has not already been paid to the
Seller in terms of clause 10.1A, to be held by the Seller subject to the remainder of this clause 10. The remainder of this clause 10 shall only apply if the Purchaser has paid the Deposit (or any portion thereof) to the Seller in
terms of this clause 10.1 and/or 10.1A.” 
  

	 	3.1.12.	clause 10 is amended by the insertion of a new clause 10.1A immediately before clause 10.2 – 

  

	 	“10.1A	Notwithstanding anything to the contrary contained herein, if the requirements of clauses 10.1.1 (save for the requirement that the Condition Precedent in clause 5.1.2 has been fulfilled or waived), 10.1.2,
10.1.3 and 10.1.4.1 have been satisfied and the Company has executed irrevocable powers of attorney in the form required by the conveyancers referred to in clause 4 of Annexure 4 to enable them to register the special notarial bond
referred to in 10.1.4.2.1 and the mortgage bonds referred to in 10.1.4.2.2, the Purchaser shall be obliged to pay not less than R400 000 000 (four hundred million rand) to the Seller as a portion of the Deposit on or before the
later of (i) the 1st (first) business day after the requirements of clauses 10.1.1, 10.1.2, 10.1.3 and 10.1.4.1 have been satisfied and the Company has executed the said irrevocable
powers of attorney and (ii) 14 December 2012, and the Purchaser shall be entitled, but not obliged, to pay further amounts to the Seller on account of the Deposit (provided that each such payment shall be a whole multiple of,
R10 000 000 (ten million rand)).”  

  
 6 

	 	3.1.13.	Clause 10.2 is deleted in its entirety and replaced with a new clause 10.2 as follows – 

  

	 	“10.2	If the Condition Precedents set out in clauses 5.1.2 and 5.1.7 have neither been fulfilled nor waived on or before the time stipulated for fulfilment (or any extension thereof) with the consequence that, in
terms of clause 5.8, this Agreement lapses, then the Seller shall, within 5 (five) business days after this Agreement lapses, refund to the Purchaser the Deposit or any portion of the Deposit which has been paid by the Purchaser, plus in
respect of each separate amount paid on a different date by the Purchaser to the Seller on account of the Deposit, an amount calculated in accordance with the following formula – 

A = (N/365 x 0.05 x D) 

Where – 
  

	 	A =	the amount to be calculated; 

  

	 	N =	the number of days from the date on which that amount was paid to the Seller to the day on which the Seller is obliged to refund the Deposit to the Purchaser in accordance with this clause 10.2; and

  

	 	D =	the amount so paid to the Seller on account of the Deposit.”. 

  

	 	3.1.14.	clause 10.3 is deleted in its entirety and replaced with a new clause 10.3 as follows– 

  

	 	“10.3	If the Purchase Consideration has become payable to the Seller, then, without detracting from the Seller’s obligations in terms of clause 14, the Seller shall retain the whole or any part of the Deposit
paid and the Purchaser shall be deemed to have paid into the Seller’s Designated Account, as part payment on account of the Purchase Consideration payable by the Purchaser, the sum of the Deposit plus, in respect of each separate amount paid on
a different date by the Purchaser to the Seller on account of the Deposit, an amount calculated in accordance with the following formula – 

A = (N/365 x 0.05 x D) 

Where – 
  

	 	A =	the amount to be calculated; 

  

	 	N =	the number of days from the date on which that amount was paid to the Seller to the Closing Date; and 

  

	 	D =	the amount so paid to the Seller on account of the Deposit.” 

  
 7 

	 	3.1.15.	clause 10.4 is deleted in its entirety; 

  

	 	3.1.16.	clause 11.6 of Annexure “2” is amended by deleting the words “save for annual increases or market related terms and in accordance with past practice” where they appear in lines 4 to 6 of
clause 11.6 of Annexure “2” and by inserting the following words “save for (i) annual increases on market related terms and in accordance with past practice, (ii) the increase in salaries of the Employees with effect
from 25 October 2012, in an aggregate amount of approximately R600 000 (six hundred thousand rand) on a monthly basis, (iii) an additional once off payment to category 3 (three) through to category 8 (eight) Employees in an amount
equal to R550 (five hundred and fifty rand) each on 12 October 2012 and (iv) the payment of a bonus to the Employees, which is linked to the production of the Company, in an amount equal to R500 (five hundred rand) per Employee per month
for a period of 4 (four) consecutive months, commencing in respect of the October 2012 production month, payable in the November pay month”, at the end of clause 11.6 of Annexure “2”. 

 

	 	3.2.	Subject to clause 3.3, the amendments in clause 3.1 are deemed to have become effective on the Signature Date. 

  

	 	3.3.	The (i) amendment to clause 9.3, set out in clause 3.1.8 of this Addendum, (ii) insertion of clause 9.5, set out in clause 3.1.9 of this Addendum and (iii) deletion of
clause 10.4, as set out in clause 3.1.15 of this Addendum, will only become effective on the date of signature of the last of the Pledge and Cession Agreement’s by the Party last signing. The Parties shall use reasonable endeavours to
conclude the Pledge and Cession Agreements as soon as possible after the date on which this Addendum has been signed by the Parties. 

  

	4.	ANCILLARY AGREEMENTS 

  

	 	4.1.	Evander hereby assigns, with effect from the Closing Date, all of its rights and obligations in terms of the Evander Shared Services Agreement and the Harmony Shared Services Agreement to Firefly Investments 251
Proprietary Limited with effect from the Closing Date. 

  

	 	4.2.	The Seller, the Company and Randfontein Estates Limited hereby consent to the assignments in terms of clause 4.1. 

  
 8 

	5.	SAVINGS CLAUSE 

 Save to the extent specifically or by necessary implication modified in
or inconsistent with the provisions of this Addendum or unless otherwise agreed in writing between the Parties, all the terms and conditions of the Amended and Restated Sale of Shares and Claims Agreement shall mutatis mutandis continue to apply.

  

	6.	COSTS 

 Each Party will bear and pay its own legal costs and expenses of and incidental
to the negotiation, drafting, preparation and implementation of this Addendum. 
  

	7.	SIGNATURE 

  

	 	7.1.	This Addendum is signed by the Parties on the dates and at the places indicated below. 

  

	 	7.2.	This Addendum may be executed in counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same Addendum as at the date of signature of the Party last signing one of
the counterparts. 

  

	 	7.3.	The persons signing this Addendum in a representative capacity warrant their authority to do so. 

  

			
	FOR	 	HARMONY GOLD MINING COMPANY LIMITED
		
	Signature:	 	 /s/

		 	who warrants that he / she is duly authorised thereto
		
	Name:	 	  

		
	Date:	 	  

		
	Place:	 	  

  
 9 

			
	FOR	 	EMERALD PANTHER INVESTMENTS 91 PROPRIETARY LIMITED
		
	Signature:	 	 /s/

		 	who warrants that he / she is duly authorised thereto
		
	Name:	 	 Busi Sitole

		
	Date:	 	 30 November 2012

		
	Place:	 	 Rosebank

  

			
	FOR	 	PAN AFRICAN RESOURCES PLC
		
	Signature:	 	 /s/

		 	who warrants that he / she is duly authorised thereto
		
	Name:	 	 Busi Sitole

		
	Date:	 	 30 November 2012

		
	Place:	 	  

  

			
	FOR	 	EVANDER GOLD MINES LIMITED
		
	Signature:	 	 /s/

		 	who warrants that he / she is duly authorised thereto
		
	Name:	 	  

		
	Date:	 	  

		
	Place:	 	  

  

			
	FOR	 	RANDFONTEIN ESTATES LIMITED
		
	Signature:	 	 /s/

		 	who warrants that he / she is duly authorised thereto
		
	Name:	 	  

		
	Date:	 	  

		
	Place:	 	  

			
	FOR	 	FIREFLY INVESTMENTS 251 PROPRIETARY LIMITED
		
	Signature:	 	 /s/

		 	who warrants that he / she is duly authorised thereto
		
	Name:	 	 Busi Sitole

		
	Date:	 	 30 November 2012

		
	Place:	 	 RosebankEX-4.55

 Exhibit 4.55 

edward nathan sonnenbergs 

johannesburg cape town durban stellenbosch 

150 west street 
 sandown sandton
johannesburg 2196 
 p o box 783347 sandton south africa 2146 

docex 152 randburg 
 tel +2711 269
7600 fax +2711 269 7899 
 info@ens.co.za www.ens.co.za 
  

			
	 	  	 

 THIRD ADDENDUM TO THE AMENDED AND RESTATED SALE OF SHARES AND CLAIMS AGREEMENT 

entered into between 
 HARMONY GOLD MINING COMPANY LIMITED

 and 
 EMERALD PANTHER INVESTMENTS 91 PROPRIETARY
LIMITED 
 and 
 PAN AFRICAN RESOURCES PLC 

and 
 EVANDER GOLD MINES LIMITED 

and 
 RANDFONTEIN ESTATES LIMITED 

and 
 FIREFLY INVESTMENTS 251 PROPRIETARY LIMITED 

 TABLE OF CONTENTS 
  

							
	 Clause number and description
	  	Page	 
			
	 1.
	  	 INTERPRETATION
	  	 	1	  
			
	 2.
	  	 INTRODUCTION
	  	 	1	  
			
	 3.
	  	 AMENDMENTS
	  	 	1	  
			
	 4.
	  	 WERKSMANS AND THE SELLER’S ATTORNEYS
	  	 	5	  
			
	 5.
	  	 SAVINGS CLAUSE
	  	 	5	  
			
	 6.
	  	 COSTS
	  	 	5	  
			
	 7.
	  	 SIGNATURE
	  	 	5	  

	1.	INTERPRETATION 

 In this Addendum – 

 

	 	1.1.	“Addendum” means this third addendum to the Amended and Restated Sale of Shares and Claims Agreement; 

  

	 	1.2.	“Amended and Restated Sale of Shares and Claims Agreement” means the agreement headed “Amended and Restated Sale of Shares and Claims Agreement” entered into between the Parties on
15 August 2012, as amended by the first addendum thereto dated 31 October 2012 and the second addendum thereto dated 30 November 2012; 

  

	 	1.3.	“Werksmans” means Werksmans Incorporated, registration number 1990/007215/21, a firm of attorneys duly incorporated as a personal liability company in South Africa; and 

 

	 	1.4.	words and expressions defined in the Amended and Restated Sale of Shares and Claims Agreement will have the same meanings and any reference to the words “clause” or “clauses” will refer to clauses of
the Amended and Restated Sale of Shares and Claims Agreement. 

  

	2.	INTRODUCTION 

  

	 	2.1.	The Parties have agreed to make certain amendments to the Amended and Restated Sale of Shares and Claims Agreement. 

  

	 	2.2.	The Parties wish to record their agreement in writing. 

  

	3.	AMENDMENTS 

 The Amended and Restated Sale of Shares and Claims Agreements is hereby
amended by deleting – 
  

	 	3.1.	clause 8.2 in its entirety and replacing it with the following new clause 8.2 – 

  

	 	8.2	Ownership and all risk in and all benefit attaching to the Sale Equity will be deemed to have passed to the Purchaser upon delivery of the Closing Documents (as defined in clause 14 below) referred to in clause
14.4.1 to Werksmans (as defined in clause 14 below) on the Closing Date. 

	 	3.2.	clause 14 in its entirety and replacing it with the following new clause 14 – 

  

	 	14	CLOSING 

  

	 	14.1	For the purposes of this clause 14 – 

  

	 	14.1.1	“EP Pledge and Cession Agreement” means the agreement between the Seller and the Purchaser in terms of which the Purchaser pledges and cedes the (i) entire issued share capital of,
and all of its claims on loan account against, the Company, and (ii) entire issued share capital of, and all of its claims on loan account against, Firefly, to the Seller as security for the obligation of the Purchaser to pay the balance of the
Purchase Consideration to the Seller in terms of clause 9.5 of the Amended and Restated Sale of Shares and Claims Agreement; 

  

	 	14.1.2	“Firefly” means Firefly Investments 251 Proprietary Limited, registration number 2012/084164/07, a limited liability private company duly incorporated in South Africa;

  

	 	14.1.3	“Firefly Shares” shall bear the meaning given to it in the EP Pledge and Cession Agreement; 

  

	 	14.1.4	“Pan African Pledge and Cession Agreement” means the agreement between the Seller and Pan African in terms of which Pan African pledges and cedes the entire issued share capital of, and
all of its claims on loan account against, the Purchaser to the Seller as security for the performance by Pan African of its obligations under clause 13 of the Amended and Restated Sale of Shares and Claims Agreement; 

 

	 	14.1.5	“Pan African Pledged Shares” shall bear the meaning given to “Pledged Shares” in the Pan African Pledge and Cession Agreement; 

 

	 	14.1.6	“Pledge and Cession Agreements” means the Pan African Pledge and Cession Agreement and the EP Pledge and Cession Agreement; and 

 

	 	14.1.7	“Werksmans” means Werksmans Incorporated, registration number 1990/007215/21, a firm of attorneys duly incorporated as a personal liability company in South Africa.

  

	 	14.2	Step 1 

 On the Closing Date, prior to the implementation of
steps 2, 3, 4 and 5 below, representatives of the Seller and the Purchaser shall meet at 10h00 at the offices of the Seller’s Attorneys or such other place as the Seller and the Purchaser may agree in writing, at which meeting the Seller will
deliver to the Sellers Attorneys, to be held in escrow by them – 
  

	 	14.2.1	the original share certificate in respect of the Sale Shares (“Existing Share Certificate”); 

	 	14.2.2	a signed share transfer form in respect of the Sale Shares, 

  

	 	14.2.3	the resignations of all the directors of the Company, Evander Stone Holdings (Proprietary) Limited (registration number 1971/005180/07), Evander Township Limited (registration number 1955/003607/06), Evander Township
Development Limited (1899/001642/06), Clidet No 790 (Proprietary) Limited (registration number 2007/027545/07) and Clidet No 791 (Proprietary) Limited (registration number 2007/034585/07), (“Specified Companies”), with
effect from the date of completion of the closing steps contemplated in clause 14.5 (Step 4); 

  

	 	14.2.4	the resignations of the public officer and company secretary of the Company with effect from the date of completion of the closing steps contemplated in clause 14.5 (Step 4), it being specifically agreed that these
resignations are from formal appointments as officers of the Company only, and not from posts of employment with the Company, if applicable; and 

  

	 	14.2.5	a certified copy of a resolution of the directors of each of the Specified Companies, appointing, with effect from the date of completion of the closing steps contemplated in clause 14.5 (Step 4), Jan Petrus Nelson
(identity number 7006075138081), Yvonne Bongekile Sitole (identity number 7611100619086) and Ronald Allan Holding (identity number 5205225133081) as directors of each of the Specified Companies and Neal Alan Reynolds (identity number 8307265008087)
as an alternate director of each of the Specified Companies to Yvonne Bongekile Sitole. 

  

	 	14.3	Step 2 

 After the implementation of step 1 above, but before
the implementation of steps 3, 4 and 5 below – 
  

	 	14.3.1	Pan African shall deliver to the Seller’s Attorneys, the share certificate in respect of the Pan African Pledged Shares accompanied by an undated share transfer form in respect thereof duly signed on behalf of
Pan African as the registered holder of the Pan African Pledged Shares but in blank as to transferee, as contemplated in clause 2 of the Pan African Pledge and Cession Agreement; and 

	 	14.3.2	the Purchaser shall deliver to the Seller’s Attorneys – 

  

	 	14.3.2.1	the share certificate in respect of the Firefly Shares accompanied by an undated share transfer form in respect thereof duly signed on behalf of the Purchaser as the registered holder of the Firefly Shares but in
blank as to transferee, as contemplated in clause 2 of the EP Pledge and Cession Agreement; and 

  

	 	14.3.2.2	an undated share transfer form in respect of the Sale Shares signed on behalf of the Purchaser but in blank as to the transferee. 

 

	 	14.4	Step 3 

 After the implementation of steps 1 and 2 above but
before the implementation of steps 4 and 5 below, upon confirmation from the bank where the Seller’s Designated account is held, or such other proof as the Seller may deem appropriate, that the amount referred to in clause 9.3 and, if
applicable, 9.4 has been credited to the Seller’s Designated Account, the – 
  

	 	14.4.1	Seller’s Attorneys shall deliver the documents referred to in clauses 14.2.1 - 14.2.5 (“Closing Documents”) to Werksmans to be held by them in escrow; and 

 

	 	14.4.2	Seller shall deliver to, or place the Purchaser in control of, all documents, information and other data in respect of the mining assets of the Group which belong to the Group, are in the possession of members of the
Seller’s Group and are separate and distinct from documents, information and other data in respect of members of the Seller’s Group. 

  

	 	14.5	Step 4 

 After the implementation of steps 1, 2 and 3 above but
before the implementation of step 5 below, the Seller shall procure that the company secretary and any 1 (one) director of the Company – 
  

	 	14.5.1	sign a share certificate in the name of the Purchaser in respect of the Sale Shares and thereafter the Seller shall retain such share certificate in accordance with the provisions of the EP Pledge and Cession
Agreement; and 

  

	 	14.5.2	update the Company’s share register to record the transfer of the Sale Shares from the Seller to the Purchaser. 

	 	14.6	Step 5 

 After the implementation of steps 1, 2, 3 and 4 above
– 
  

	 	14.6.1	Werksmans shall release the Closing Documents to the Purchaser who shall cancel the Existing Share Certificate; 

  

	 	14.6.2	the Seller’s Attorneys shall release the documents held by them in terms of clause 14.3.1 and 14.3.2 to the Seller; and 

  

	 	14.6.3	the Seller hereby cedes to the Purchaser all of its right, title and interest in and to the Sale Claims. 

  

	4.	WERKSMANS AND THE SELLER’S ATTORNEYS 

 By signing this Addendum – 

 

	 	4.1.	Werksmans agrees to be bound by clauses 14.4 and 14.6.1; and 

  

	 	4.2.	the Seller’s Attorneys agree to be bound by clauses 14.2 – 14.4 and clause 14.6.2. 

  

	5.	SAVINGS CLAUSE 

 Save to the extent specifically or by necessary implication modified in
or inconsistent with the provisions of this Addendum or unless otherwise agreed in writing between the Parties, all the terms and conditions of the Amended and Restated Sale of Shares and Claims Agreement shall mutatis mutandis continue to apply.

  

	6.	COSTS 

 Each Party will bear and pay its own legal costs and expenses of and incidental
to the negotiation, drafting, preparation and implementation of this Addendum. 
  

	7.	SIGNATURE 

  

	 	7.1.	This Addendum is signed by the Parties on the dates and at the places indicated below. 

  

	 	7.2.	This Addendum may be executed in counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same Addendum as at the date of signature of the Party last signing one of
the counterparts. 

  

	 	7.3.	The persons signing this Addendum in a representative capacity warrant their authority to do so. 

 FOR            HARMONY GOLD MINING COMPANY
LIMITED 
  

			
	Signature:	 	 /s/

		 	who warrants that he / she is duly authorised thereto

 FOR            EMERALD PANTHER INVESTMENTS 91 PROPRIETARY
LIMITED 
  

			
	Signature:	 	 /s/

		 	who warrants that he / she is duly authorised thereto
		
	Name:	 	 Neal Reynolds

	Date:	 	 28 February 2013

	Place:	 	 Sandton

 FOR            EVANDER GOLD MINES LIMITED 

 

			
	Signature:	 	 /s/

		 	who warrants that he / she is duly authorised thereto
		
	Name:	 	 Frank Abbott

 FOR            PAN AFRICAN RESOURCES PLC 

 

			
	Signature:	 	 /s/

		 	who warrants that he / she is duly authorised thereto
		
	Name:	 	 J. Loots

	Date:	 	 28 February 2013

	Place:	 	 Sandton

 FOR            RANDFONTEIN ESTATES LIMITED

  

			
	Signature:	 	 /s/

		 	who warrants that he / she is duly authorised thereto
		
	Name:	 	 Frank Abbott

	Date:	 	 27 February 2013

	Place:	 	 Randfontein

 FOR            FIREFLY INVESTMENTS 251 PROPRIETARY LIMITED

  

			
	Signature:	 	 /s/

		 	who warrants that he / she is duly authorised thereto
		
	Name:	 	 Neal Reynolds

	Date:	 	 28 February 2013

	Place:	 	 Sandton

FOR            WERKSMANS INCORPORATED 

 

			
	Signature:	 	 /s/

		 	who warrants that he / she is duly authorised thereto
		
	Name:	 	 Huneiza Godlam

	Date:	 	 28 February 2013

	Place:	 	 Sandton

 FOR            EDWARD NATHAN SONNENBERGS INCORPORATED 

 

			
	Signature:	 	 /s/

		 	who warrants that he / she is duly authorised thereto
		
	Name:	 	 Ian Hayes

	Date:	 	 28 February 2013

	Place:	 	 Sandton

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00222-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00222-of-00352.parquet"}]]