Document:

EX-10.4

 Exhibit 10.4 

 
 

 
 750 PARK OF COMMERCE BOULEVARD, SUITE 100, BOCA RATON, FLORIDA 33487 

PHONE +1 561 404 2934 | FAX +1 561 994 3979 
 CONTRACT OF EMPLOYMENT 
 Entered into between 

Mix Telematics North America, Inc. 
 750 Park of Commerce Boulevard 
 Suite 100 

Boca Raton 

Florida 
 A
Texas Corporation 
 (hereinafter referred to as the “Company”) 

and 
 Howard
Guy Scott 
 3372 NW 53rd Circle 
 Boca Raton 
 Florida 

33496 

(hereinafter referred to as the “Employee”) 

 By signing this contract, the Employee accept employment as the executive Director: Strategy, Mergers and
Acquisitions, based in Boca Raton, Florida USA, effective from 1 May 2011, or earlier by mutual agreement, subject to the following conditions of employment:- 

 

	 	1	Remuneration 

 The Employee’s total
employment cost will be $250 000,00 per annum, which shall represent the total cost to Company, which shall be paid monthly. The Employee hereby acknowledges that should he/she receive unauthorised over payment i.e. salary, commission, benefits,
leave, incentives etc, he/she will reimburse the Company with said payment within 30 days after receipt of such payment. 
 In addition to the
cost to Company above, the Company shall pay for: 
  

	 	1)	your cover under the Company’s policies which provide the following cover: 

 

	 	•	 	 Medical Insurance 

  

	 	•	 	 Dental Cover 

  

	 	•	 	 Vision cover 

  

	 	•	 	 Limited life and disability cover 

 The details of the terms and conditions of these policies are available on request. The Company has the right to alter or terminate these policies upon 30 days notice to you. The Medical coverage is
subject to Cobra coverage. 
  

	 	2)	additional costs of living, as a result of your temporary relocation to USA, in the amount of: 

 

	 	a)	$60 000 per annum; 

  

	 	b)	5 economy class air-tickets per annum between Florida and Australia to facilitate the travel of your immediate family. 

 

	 	3)	a cell phone for business purposes. Should the provision of this cell phone result in any liability for taxation, the tax (payg or otherwise) will be for your account.

  

	 	4)	a 3G card in order to access the Company’s email system remotely when away from the group’s offices 

 

	 	5)	the costs of obtaining and maintaining any visa requirements to work in the USA. 

 

	 	2	Annual Performance Bonus 

  

	 	1)	In addition to your cost to company package you will be entitled to an annual performance bonus. This will be paid out on a bi-annual basis and will vary from time to
time depending on the performance of the Group and an assessment of your performance by your manager and the remuneration committee. 

  

	 	2)	The parameters upon which any such bonus is based will be determined before the period to which it relates but will be finally determined at the discretion of the
remuneration committee. 

  
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	 	3	Share Scheme and Restraint 

 You will be
entitled to participate in the MiX Telematics Executive Share Incentive Scheme. The quantum of options awarded will be commensurate with your position in the group. The award of share options in terms of this Scheme will be dependent on you signing
the restraint of trade set out in Appendix A. 
  

	 	4	Hours of Employment 

 As a senior
executive you are required to work the hours that are necessary but also reasonable. 
  

	 	5	Overtime 

 If the Employee works overtime
this shall not be paid unless specifically requested by the Company and any payment for such hours agreed by your manager in writing in advance of any hours being worked. 

 

	 	6	Leave 

 The Employee has been granted 20
(twenty) working day’s leave per annum. Leave must be approved in advance and approval thereof is subject to operational requirements. 

The Employee may not accrue more than the leave they have accrued over the prior 18 months. (i.e. any accrued leave which exceeds the leave days earned
over the prior 18 (eighteen) months will not be paid out when employment terminates). The employee shall not be entitled to take a cash payment in lieu of leave days, other than upon termination of their employment. 

 

	 	7	Personal days 

 The Employee may, with
good cause, take personal days on the following basis: 
  

	 	•	 	 During 1st 3 months of employment, any personal days shall be unpaid 

  

	 	•	 	 After the
1st 3 months of employment, the employee shall accrue
personal days at the rate of
 1/2 of day per month to maximum of 16 days. 

 The Company shall be entitled
to require the employee to provide reasonable proof, such as a doctors certificate, to justify any personal days taken. 
 The Employee is to
notify his/her departmental manager as soon as possible in the event of being absent from work due to illness. 
 Absence from work for a
continuous period of 2 (two) or more days without the necessary authorisation or without the prior notification of same to the immediate superior could be construed as common law breach of contract and the Employee could be deemed to have deserted.

  
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	 	8	Maternity Leave (only applicable to female staff) 

 The Employee is entitled to 6 (six) weeks unpaid maternity leave and is required to inform her immediate superior in writing of the dates on which she intends to commence and return from maternity leave.
During the maternity period of 6 (six) weeks, the Company shall continue to pay the costs of the employee’s Medical, Dental, Vision and Life and Disability cover. 
  

	 	9	Paternity Leave (only applicable to male staff) 

 The Employee will be entitled to 5 (five) days’ unpaid paternity leave, within the 30 days following the birth of the Employee’s child. 

 

	 	10	Company Rules, Regulations and Procedures 

The Employee shall be subject to the Company’s Disciplinary and Grievance Procedures and undertake to acquaint himself/herself with the contents of
such procedures and abide by the provisions thereof. The Employee agrees to familiarise himself/herself with the Company’s Codes and Procedures as contained in the Employee Handbook and/or updated from time to time by notices on the Intranet or
by other means of communication and that he/she will abide by these Codes and Procedures. 
 The Employee further agrees to familiarise
himself/herself with the Company’s IT Policy which in summary, prohibits the unauthorised use by staff of the Company’s computer, telephone, Internet and e-mail systems for any purpose other than carrying out their duties as required by
the Company. To this end the Employee hereby gives irrevocable consent to a duly authorised representative of the Company to monitor, intercept and access e mails sent or received by him/her as well as Internet use. 

Copies of the Disciplinary and Grievance Procedures, the IT Policy and the Employee Handbook may be accessed on the Company’s intranet. 

 

	 	11	Disclosure 

 The Employee acknowledges
that he/she is obliged to declare all information that can reasonably be expected to influence the Company’s decision to appoint him/her, e.g. amongst others, trade restraints, licence endorsements, criminal records, qualifications, etc. The
Employee will also be required to disclose any conflict of interest or potential conflict of interest that may exist at the present time or at any time during the duration of his/her employment. Conflicts of interest may arise by the Employee’s
association with any person employed or otherwise associated with any competitor of the Company or any supplier or customer of the Company. If the Employee is unsure whether such association poses a conflict, ensure it is properly disclosed to avoid
problems of any kind in the future. 
 All disclosures must be in writing and addressed to the Managing Director immediately after the Employee
becomes aware of such conflict or potential conflict. If a conflict is of such a nature that it precludes the Employee from remaining in the Company’s employment, he/she hereby agrees that the Company may terminate his/her employment in
accordance with the terms of this contract, provided a fair procedure is followed. Examples of conflictual associations or 

  
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 relationships includes having a spouse or family members employed, faithfully or otherwise, by competitive
companies, suppliers or customers and where confidential trade secrets of the Company may, in one way or another, be released, either wittingly or unwittingly. 
  

	 	12	Polygraph Examination 

It is Company policy for employees to undergo a polygraph examination prior to commencing employment. In light of the nature of our business, the
Employee may be requested, within reason, to undergo polygraph examinations from time to time during his/her employment. Failure to undergo polygraph examination at the Company’s request will be considered a material breach of contract, which
may result in disciplinary action taken against the Employee. Should the Employee fail the polygraph examination for any reason, he/she will be given a second opportunity to undergo a polygraph examination to clear any misconceptions or
misunderstandings that may have attributed to his/her initial failure. The polygraph is also, from time to time, used to investigate disciplinary infractions and is only utilised as a part of a whole process rather than as a means to an end. Should
the Employee fail the second polygraph examination, the Company may institute disciplinary action, which can result in dismissal. 
  

	 	13	Confidential Matters 

 The Employee will
not, either before, during or after termination of his/her employment with the Company, use for his/her own benefit or that of any person, firm or company, any confidential information relating to the affairs of the Company or the affairs of any
client of the Company, which may have come into his/her possession, or which he/she became aware of whilst in the employment of the Company. 

As an employee of the Company, by reason of association and service, the Employee will acquire knowledge of the Company’s trade secrets, source of
supply, patents of trade, business methods, suppliers and clientele. Such knowledge could be advantageous to our competitors and is therefore to remain confidential before, during and after you employment. 

 

	 	14	Trade Secrets and Industrial Copyright 

You agree that any patent or copyright or trademark or any other intellectual property to any work that you might be entitled arising out of your
employment or devolving on you during the period that you are employed by the group or any of its associates or subsidiaries, shall automatically be transferred and become the property of the group, and the group will enjoy all right, title and
interest in such patent or copyright or trademark or any other intellectual property. 
 You undertake to do all things and refrain from doing
anything that will prevent the transfer of ownership of the patent or copyright or trademark or other intellectual property of the group. 
  

	 	15	Other employment 

 While employed by the
Company, the Employee is not permitted to undertake any other paid employment, except with the express written permission of the Company. 

  
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	 	16	Termination by notice 

 Your employment
with the Group will continue for an indefinite period, terminable on not less than three calendar months’ written notice by either party to the other, such notice to be given by either party with effect from the first working day of any
calendar month. 
 On termination of the Employee’s employment, he/she hereby agrees to immediately return all documentation and other
property of the Company, which may be in his/her possession, including but not limited to, lists of customers and written information regarding the business, and he/she undertakes not to make copies thereof for any purposes. 

 

	17	Termination of Employment other than notice period 

 The Company will be entitled to terminate the Employee’s employment, other than the termination referred to in clause 16 in the following events; 

 

	17.1	in terms of the disciplinary code; 

  

	17.2	for justifiable and/or persistent breach of employment duties due to incapacity or poor performance; 

 

	17.3	due to abscondment 

  

	17.4	where the Employee is convicted of any criminal offence other than an offence which in the reasonable opinion of the Company does affect his/her position as an
employee; 

  

	17.5	where the Employee fails to disclose relevant material information pertinent to the job requirements, or do so incorrectly, intentionally, vaguely or falsely in
regulation to his/her employment application; 

  

	17.6	where the Employee is found guilty of any other conduct, which will justify a dismissal at common law; 

 

	17.7	due to misrepresentation in the Employee’s CV. 

  

	18	Deductions 

 In accepting these terms and
conditions of employment the Employee hereby authorises the Company to make the following deductions from his/her salary: 
  

	18.1	all statutory deductions as required by relevant legislation, and 

  

	18.2	all monies owed to the Company on his/her last day of service. 

  

	19	On Board Computer 

The employee agrees that the Company shall be entitled to place an on board computer (OBC) into his/her vehicle. The costs associated with the
installation and maintenance of the OBC shall be borne by the Company. The Employee agrees that he/she will not tamper with the OBC or alter any of the configurations or settings that will cause the OBC to malfunction in any way. The employee
further agrees that the information gathered by the OBC may be utilised by the Company at its discretion. 

  
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	20	Address for service of notices 

 The
parties agree that their addresses, as set out on the front page, shall be used for all written communications for the purposes of this contract, both during and subsequent to the Employee’s employment, unless written notice is given to the
respective parties within 7(seven) days of any change in address. 
 By acceptance hereof, the Employee agrees to abide not only by the
abovementioned terms and conditions of employment, but also by the Company’s policies, procedures, directives, etc. The Employee Handbook is available on the Company Intranet, for perusal to give the Employee, a guideline of Rules and
Regulation (updated from time to time, but does not constitute a fully comprehensive list of offences and corrective measures. 
 The Company
wishes to take this opportunity to welcome the Employee to the Company and trust his/her time with us will be long and mutually beneficial. 
  

	
	Yours faithfully
	

  

	
	This agreed at BOCA RATON on this the 24 day of MAY 2011.

 

											
	Signed and accepted by	 	            

	 		 		 	Date:	 	24 MAY 2011

  
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 Appendix A 

RESTRAINT OF TRADE 
  

	1.1	The following words shall have the meanings ascribed to them and cognate expressions shall have a similar meaning - 

 

							
	1.1.1	 	“the restrainee”	  	-	  	as defined in annexure B;
				
	1.1.2	 	“the Company”	  	-	  	MiX Telematics Limited (Reg.No.1995/ 013858/06);
				
	1.1.3	 	“the prescribed areas”	  	-	  	the area of each province of the Republic of South Africa and any country in which a business defined in 1.1.4 below is conducted at a time when the applicable restrainee leaves
the employ of a proprietor as defined in 1.1.5 below;
				
	1.1.4	 	“business”	  	-	  	each and every business conducted by the Company and each and every business conducted by each and every subsidiary of the Company as at the date when the applicable restrainee
ceases to be an employee of the Company ;
				
	1.1.5	 	“proprietor”	  	-	  	The Company or any subsidiary of the Company, as the case may be;

  

	1.2	It is recorded that in the course of the restrainee’s involvement with the business prior to his ceasing to be employed by a proprietor, he-

  

	 	1.2.1	will have acquired considerable know-how in and learnt of proprietary techniques relating to such business; 

 

	 	1.2.2	will have had access to the names of partners, customers, suppliers and consultants with whom each proprietor did business whether embodied in written form or
otherwise; 

  

	 	1.2.3	generally will have had the opportunity of learning and acquiring the trade secrets, business connections and other confidential information appertaining to each such
business. 

  

	1.3	It is acknowledged that by virtue of the restrainee’s position in the business the only effective and reasonable manner in which the relevant proprietor’s
rights in respect can be protected is the restraint imposed upon the restrainee in terms of this agreement. In exchange for the imposition of this restraint the company undertakes to include the restrainee as a participant in the Company’s
share incentive scheme. 

  

	1.4	 The restrainee does hereby undertake to the Company that he shall not, for the period set-out in the attached annexure B after leaving the employ of a
proprietor without taking up employment with another proprietor, whether as owner, partner, director, shareholder, member, employee, consultant, contractor, financier, agent, representative, assistant, trustee or beneficiary or a trust or otherwise
and whether for reward or not, directly or 

  
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indirectly, carry on or be interested or engaged in or concerned with or employed by any juristic person, firm, undertaking or concern carried on in the prescribed areas which was competing with
a business or tendering for work in direct competition with a business or was party to any contract with the proprietor of any business any subsidiary or associate thereof or was in the habit of doing business with the proprietor of any business or
any subsidiary or associate thereof as at the date of his so ceasing to be employed, provided that the restrainee shall not be deemed to have breached this undertaking by reason of his holding shares in any juristic person which are listed on a
recognised stock exchange if the shares owned by - 

  

	 	1.4.1	him; 

  

	 	1.4.2	his ascendants and descendants; 

  

	 	1.4.3	his spouse; 

  

	 	1.4.4	any person related to him or his spouse within the third degree of consanguinity; 

 

	 	1.4.5	any trust created primarily for the benefit of one or more of the persons referred to in 1.4.1 to 1.4.3 above; 

and 
  

	 	1.4.6	any juristic person effectively controlled by one or more of the persons and trusts referred to in 1.4.1 to 1.4.5; 

do not in the aggregate constitute more than 5% of any class of the issued share capital of such juristic person. 

 

	1.5	The restrainee hereby separately undertakes that neither he nor any juristic person, firm, undertaking or concern in or by which he is directly or indirectly interested
or employed will, within the period set out in annexure A, after he ceases to be employed by a proprietor, and without being employed by another proprietor, and whether for reward or not, directly or indirectly - 

 

	 	1.5.1	encourage or entice or persuade or induce any employee of the Company or any subsidiary or associate thereof engaged in a business to terminate his employment; or

  

	 	1.5.2	furnish any information or advice to any employee employed by the Company or any subsidiary or associate thereof engaged in a business or to any prospective employer of
such employee or use any other means which are directly or indirectly intended or likely to persuade such person to be in any way interested in or associated with any company, close corporation, firm, undertaking or concern other than the Company or
any subsidiary or associate thereof; or 

  

	 	1.5.3	 furnish any information or advice (whether oral or written) to any person with whom the Company or any subsidiary or associate thereof does business
that the restrainee intends to or will (whether as proprietor, partner, director, shareholder, member, employee, consultant, contractor, financier, agent, representative or otherwise) directly or indirectly, be interested or engaged in or concerned
with or employed by any company, close corporation, firm, undertaking or concern carried on in the prescribed 

  
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areas which competes with a business at the closing date or will compete with a business during the 365 days succeeding the date he ceases to be an employee of a proprietor without his becoming
the employee of another proprietor; or 

  

	 	1.5.4	furnish any information or advice (whether oral or written) to any person doing business with the Company or any subsidiary or associate thereof or use any other means
or take any other action which is directly or indirectly designed, or in the ordinary course of events calculated, to result in any such person terminating his association with the Company or any subsidiary or associate thereof concerning a business
and/or transferring his business concerning a business to any person other than the Company or any subsidiary or associate thereof concerning a business, or attempt to do so. 

 

	1.6	Each of the undertakings set out in this agreement are severable inter alia as to - 

 

	 	1.6.1	nature of interest, act or activity; 

  

	 	1.6.2	the area and period of the restraint; 

 and are acknowledged to be reasonably required for the protection of the Company and its subsidiaries and to be generally fair and reasonable. 
 Signed at STELLENBOSCH on this 10 day of NOVEMBER 2011 
  

	
	         

	Restrainee

 Signed at Cape Town on this 10 day of Nov. 2011 

 

	
	             

	For and on behalf of the Company

  
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 Annexure B 

 

			
	Restrainee: HOWARD SCOTT	  	(Id No: 590418 5204 003)

 Restraint Period: 24 (Twenty Four) Months 

  
 Page 4 of 4EX-10.5

 Exhibit 10.5 

 
 

 
 MATRIX CORNER | HOWICK CLOSE | WATERFALL PARK | BEKKER ROAD | MIDRAND 

PO BOX 12326 | VORNA VALLEY | 1686 JOHANNESBURG | SOUTH AFRICA 
 PHONE +27 11 654 8279 | FAX +27 11 654 8286 
 7 December 2009 

Ms M Pydigadu 
 PO Box 3792 

Rivonia 
 2128 

Dear Megan 
 OFFER OF EMPLOYMENT AND STANDARD
TERMS AND CONDITIONS 
 MiX TELEMATICS LIMITED (“MiX” or “the Group”) 

 

	1.	INTRODUCTION 

 I am
pleased to confirm the offer of employment as defined within this document. I would like you to sign and return a copy to Tony Welton. Please feel free to contact Tony or me with any queries you may have prior to signature or your date of joining.

  

	2.	APPOINTMENT 

  

	2.1	MiX hereby appoints you and you hereby accept the appointment as Group Financial Controller of MiX with effect from 1 February 2010, based at the Group’s
premises at Midrand. The start date assumes your resignation from your current employer on 1 January 2010. 

  

	2.2	You will initially report to Tony Welton, the current finance director of the Group. As you are aware, Tony recently transferred from a non-executive directorship
position of MiX and has taken on the role of finance director. Tony Welton will be relinquishing this role and will be returning to a non-executive director position and the timing of this is expected by July 2010. At this time, dependent on your
performance in the interim, you will be appointed to the role of Finance Director, reporting to me in my capacity of Chief Executive Officer. 

  

	2.3	The Group has operations within South Africa and offshore and as such your position and the requirements of the business will necessitate both local and international
travel from time to time. 

  

	3.	DURATION 

  

	3.1	Your employment with the Group will continue for an indefinite period, terminable on not less than three calendar months’ written notice by either party to the
other, such notice to be given by either party with effect from the first working day of any calendar month. 

  

			
	MiX Telematics Limited registration number 1995/013858/06	  	www.mixtelematics.com

  
  

	4.	DUTIES OF EMPLOYEE 

 You
shall, for the duration of your employment, unless amended in writing and agreed to by both parties: 
  

	4.1	report initially to Tony Welton (“manager”) and on your appointment as Finance Director of Mix (see cl 2.2 above) you will report directly to me in my
capacity as the Group Chief Executive Officer (“manager”); 

  

	4.2	perform the duties of a financial controller but more specifically undertake the tasks of the finance director of MiX in order to prepare yourself for the future
appointment to the finance director position; 

  

	4.3	devote your attention and such time as may be necessary to the business and the affairs of the Group; 

 

	4.4	carry out the reasonable requests and instructions of your manager, carry out such functions and duties as are from time to time assigned to you and are consistent with
your status, and endeavour to protect and promote the business and interests of the Group and to preserve its reputation and goodwill, and; 

  

	4.5	not engage in any activities for remuneration outside the scope of your employment with the Group without the prior written consent of your manager.

  

	5.	REMUNERATION AND BENEFITS 

  

	5.1	Salary 

  

	5.1.1	As remuneration for your services, the Group will pay an annual remuneration package of R1,500,000.00 (One million five hundred thousand Rand). This package shall
represent your cost to the Group. 

  

	5.1.2	Salaries are paid on the last day of each month by way of a direct transfer into your nominated bank account. 

 

	5.1.3	Salaries are normally reviewed once per year with effect from the beginning of the Group’s financial year, currently 1 April. However in view of your commencement
date of 1 February 2010, your salary will be reviewed on 1 October, and this review will take into account your performance for the 8 months since appointment. 

 

	5.2	Annual Performance Bonus 

  

	5.2.1	In addition to your cost to Group package you will be entitled to an annual performance bonus. This will be paid out on a bi-annual basis and will vary from time to
time depending on the performance of the Group and an assessment of your performance by your manager and the remuneration committee. 

  

	5.2.2	The parameters upon which any such bonus is based will be determined before the period to which it relates but will be finally determined at the discretion of the
remuneration committee and any bonuses paid will be at the discretion of the remuneration committee. 

  

	5.2.3	You will be eligible for the first annual performance bonus for the period from appointment to 30 September 2010 (taking into account your period of employment)
and thereafter on a six monthly basis. 

  
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	5.3	Share Scheme and Restraint 

  

	5.3.1	On your appointment as Finance Director, you will be entitled to participate in the MiX Telematics Executive Share Incentive Scheme. The quantum of options awarded will
be commensurate with your position in the Group. The award of share options in terms of this Scheme will be dependent on you signing the restraint of trade set out in Appendix A. 

 

	5.4	Other Benefits 

  

	5.4.1	Cellular Phone 

 The Group
will provide you with a cell phone for business purposes. Should the provision of this cell phone result in any liability for taxation, then tax (paye or otherwise) will be for your account. 

 

	5.4.2	Offsite email access 

 Mix
will provide you with a 3G card in order to access the Group’s email system remotely when away from the Group’s offices. 
  

	5.5	Deductions from Salary 

  

	5.5.1	The Group shall deduct from your salary any and all taxes, including paye, UIF, garnishee orders and any other amounts required by current or future law to be deducted.

  

	5.5.2	Other deductions, statutory or otherwise, including but not limited to retirement funding and medical aid contributions, will be deductible from your salary.

  

	5.5.3	You, by signature hereto, hereby irrevocably authorise the Group to effect such deductions. 

 

	5.5.4	On termination of your employment with the Group, you, to the extent allowed by law, by signature hereto, hereby irrevocably authorise the Group to deduct from your
termination package any amount owing by you to the Group. 

  

	5.5.5	Should any indebtedness to the Group on your part become known after the termination of your employment, then the Group reserves the right to claim such indebtedness
from you, taking whatever action is necessary to recoup such indebtedness, with any costs being incurred in such recovery being for your account. 

  

	5.6	Hours of Work 

  

	5.6.1	As a senior executive you are required to work the hours that are necessary but also reasonable. 

 

	5.7	Provident Fund and Medical Aid Scheme 

  

	5.7.1	The Group currently has a provident fund and is a member of an approved medical aid scheme. You will be required to become a member of the provident fund and it is
recommended that you have appropriate medical aid cover. 

  

	5.7.2	The rules of both the provident fund and medical aid scheme are available at the Group’s personnel department, should you require them. 

  
 Page 3 of 6

	6.	LEAVE 

  

	6.1	You shall be entitled to 20 working days’ leave in respect of every twelve (12) months of completed continuous service, such leave to be taken at a time
convenient to the Group. 

  

	6.2	Leave must be requested in writing and approved by the manager prior to the date of leave. 

 

	6.3	Annual leave must be taken within eighteen (18) months of the end of the year in respect of which it becomes due, otherwise unused leave days will be forfeited.
The Group reserves the right to enforce leave. Leave is not paid out in cash during employment. 

  

	7.	SICK LEAVE/ABSENCE WITHOUT AUTHORISED LEAVE 

  

	7.1	You will be entitled to 30 working days sick leave for every 36 completed continuous months’ of employment. Sick leave is not accumulated from one cycle to the
next. Sick leave notes, signed by a medical practitioner, are compulsory. 

  

	8.	CONFIDENTIALITY 

  

	8.1	You agree that at all times during your employment by the Group, and subsequent thereto, to keep confidential and not divulge to any third person or entity or use for
any purpose (whether for your own financial benefit or the Group’s financial detriment) any of the confidential information of the Group, including but not limited to its financial business, customers or transactions and any other proprietary
and/or confidential information (“Confidential Data”) belonging to the Group or to any other person or entity doing business with the Group, including its associates or subsidiaries. 

 

	8.2	Upon the termination of this agreement, you shall return to the Group all Confidential Data in your possession or under your control, including all copies and notes,
memoranda or other materials in your possession, which embody or record any of the Confidential Data. 

  

	8.3	The provisions of this clause shall not apply to any Confidential Data, which may come into the Public Domain without any fault of yours. 

 

	8.4	The provisions of this clause shall survive the termination of the agreement. 

 

	9.	TRADE SECRETS AND INDUSTRIAL COPYRIGHT 

  

	9.1	You agree that any patent or copyright or trademark or any other intellectual property that you might be entitled to, arising out of your employment or devolving on you
during the period that you are employed by the Group or any of its associates or subsidiaries, shall automatically be transferred and become the property of the Group, and the Group will enjoy all right, title and interest in such patent or
copyright or trademark or any other intellectual property. 

  

	9.2	You undertake to do all things and refrain from doing anything that will prevent the transfer of ownership of the patent or copyright or trademark or other intellectual
property of the Group. 

  

	10.	TERMINATION 

  

	10.1	Misconduct 

 Your
employment may be terminated at any time, either summarily or on notice by the Group after a fair procedure establishes that you are guilty of any misconduct or you have committed a 

  
 Page 4 of 6

 
breach of a material obligation under this agreement which is incompatible with a continued employment relationship, or if you are found guilty of any act which would, at common law or in terms
of any applicable statute, entitle the Group to terminate your employment, You shall be bound by the Group’s Disciplinary Code and Procedure as outlined in the MiX Telematics Group Employee Handbook, or where unwritten, an accepted principle,
or any written directives from time to time. 
  

	10.2	Incapacity, Incompatibility, Incompetence and Operational Reasons 

 The Group shall be entitled to terminate this agreement and your employment in terms of prevailing laws and Code of Good practice of the Labour Relations Act 66 of 1995 should operational reasons require
such termination, or should you consistently perform poorly, or become incompatible with the culture of the Group, or become incapacitated and be unable to perform, provided that a fair procedure is followed in such termination procedure and this
will be subject to the notice period as described under clause 3.1. 
  

	11.	RESTRAINT OF TRADE 

 The
restraint of trade must be signed as a condition of being granted share options (see cl 5.3). The restraint is set out in the attached appendix A. 
  

	12.	PATENTS, INVENTIONS AND IMPROVEMENTS 

 You must disclose to the Group all inventions and improvements which you make during your employment by the Group or within six months after the termination of such employment, that may be within the
existing or contemplated scope of the Group’s business or that of its subsidiaries and associates. 
 You cede all rights
relating to such inventions and improvements including patents in the Republic of South Africa and any other countries. Employees also agree to execute any papers necessary to give effect to the above. 

 

	13	MISCELLANEOUS 

  

	13.1	Notices and Domicilia 

  

	13.1.1	All notices to be given in terms of this agreement shall be in writing and shall be delivered by hand to MiX and/or you at the work place applicable at the time of such
delivery and by hand or by registered prepaid post (which includes telegraphic service), where the parties are not in attendance at the work place, to: 

 You at: 
 1 Flint Farm 

4 Tessa lane 

Riverclub 
 MiX
at: 
 Matrix Corner 
 Howick Close 
 Waterfall Park 

Midrand 

  
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 which physical addresses the parties select as their domicilium citandi et executandi.

  

	13.1.2	Either party shall be entitled at any time to change its domicilium to any other physical address within the Republic of South Africa or elsewhere; provided that such
change shall take effect upon delivery or deemed delivery of notice thereof to the other party. 

  

	13.1.3	Any notice shall, if delivered by hand during normal business hours to the person apparently in charge of the premises selected by the addressee for the delivery of
notice, be deemed to have been received on the date of delivery and if sent by prepaid registered post, be deemed to have been received 14 consecutive days after posting. 

 

	13.1.4	Notwithstanding the above, notice actually received by the party to whom it is addressed shall be adequate notice to it. 

 

	13.2	Entire Contract 

 This agreement
contains all the express provisions agreed on by the parties with regard to the subject matter of the agreement and the parties renounce the right to rely on any alleged express provision not contained in the agreement or incorporated by reference.

  

	13.3	Indulgences 

 No indulgences
granted by a party shall constitute a renouncement or abandonment of any of that party’s rights under this agreement; accordingly, that party shall be not precluded, as a consequence of having granted such indulgence, from exercising any rights
against the other party, which may have arisen in the part or may arise in the future. 
  

	14	VARIATION 

 It is agreed
that the Group reserves the right to vary any and/or all of the terms and conditions of employment, rules and regulations, codes and procedures from time to time, after due consultation with the affected parties. 

 

	
	Yours sincerely
	
	

	  A R Welton

	For and on behalf of S. JOSELOWITZ
	Chief Executive Officer
	MiX Telematics Limited

 I, Megan Pydigadu, acknowledge that I know and understand the contents of this agreement and that I will make myself
aware of all the policies and procedures that apply by reference to this agreement and I hold myself bound to the terms, conditions, policies and procedures applicable. 

 

					
	 

	  	JOHANNESBURG	  	8/12/2009
	Signature	  	Place	  	Date

  
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 Appendix A (required on award of share options) 

RESTRAINT OF TRADE 
  

	1.1	The following words shall have the meanings ascribed to them and cognate expressions shall have a similar meaning - 

 

									
		 	1.1.1	  	“the restrainee”	  	-	  	as defined in annexure B;
					
		 	1.1.2	  	“the Company”	  	-	  	 MiX Telematics Limited

(Reg.No.1995/ 013858/06);

					
		 	1.1.3	  	“the prescribed areas”	  	-	  	the area of each province of the Republic of South Africa and any country in which a business defined in 1.1.4 below is conducted at a time when the applicable restrainee leaves the
employ of a proprietor as defined in 1.1.5 below;
					
		 	1.1.4	  	“business”	  	-	  	each and every business conducted by the Company and each and every business conducted by each and every subsidiary of the Company as at the date when the applicable restrainee
ceases to be an employee of the Company;
					
		 	1.1.5	  	“proprietor”	  	-	  	The Company or any subsidiary of the Company, as the case may be;

  

	1.2	It is recorded that in the course of the restrainee’s involvement with the business prior to his ceasing to be employed by a proprietor, he-

  

	 	1.2.1	will have acquired considerable know-how in and learnt of proprietary techniques relating to such business; 

 

	 	1.2.2	will have had access to the names of partners, customers, suppliers and consultants with whom each proprietor did business whether embodied in written form or
otherwise; 

  

	 	1.2.3	generally will have had the opportunity of learning and acquiring the trade secrets, business connections and other confidential information appertaining to each such
business. 

  

	1.3	It is acknowledged that by virtue of the restrainee’s position in the business the only effective and reasonable manner in which the relevant proprietor’s
rights in respect can be protected is the restraint imposed upon the restrainee in terms of this agreement. In exchange for the imposition of this restraint the company undertakes to include the restrainee as a participant in the Company’s
share incentive scheme. 

  

	1.4	 The restrainee does hereby undertake to the Company that he shall not, for the period set- out in the attached annexure B after leaving the employ of a
proprietor without taking up employment with another proprietor, whether as owner, partner, director, shareholder, member, employee, consultant, contractor, financier, agent, representative, assistant, trustee or beneficiary or a trust or otherwise
and whether for reward or not, directly or 

  
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indirectly, carry on or be interested or engaged in or concerned with or employed by any juristic person, firm, undertaking or concern carried on in the prescribed areas which was competing with
a business or tendering for work in direct competition with a business or was party to any contract with the proprietor of any business any subsidiary or associate thereof or was in the habit of doing business with the proprietor of any business or
any subsidiary or associate thereof as at the date of his so ceasing to be employed, provided that the restrainee shall not be deemed to have breached this undertaking by reason of his holding shares in any juristic person which are listed on a
recognised stock exchange if the shares owned by - 

  

	 	1.4.1	him; 

  

	 	1.4.2	his ascendants and descendants; 

  

	 	1.4.3	his spouse; 

  

	 	1.4.4	any person related to him or his spouse within the third degree of consanguinity; 

 

	 	1.4.5	any trust created primarily for the benefit of one or more of the persons referred to in 1.4.1 to 1.4.3 above; 

and 
  

	 	1.4.6	any juristic person effectively controlled by one or more of the persons and trusts referred to in 1.4.1 to 1.4.5; 

do not in the aggregate constitute more than 5% of any class of the issued share capital of such juristic person. 

 

	1.5	The restrainee hereby separately undertakes that neither he nor any juristic person, firm, undertaking or concern in or by which he is directly or indirectly interested
or employed will, within the period set out in annexure A, after he ceases to be employed by a proprietor, and without being employed by another proprietor, and whether for reward or not, directly or indirectly 

 

	 	1.5.1	encourage or entice or persuade or induce any employee of the Company or any subsidiary or associate thereof engaged in a business to terminate his employment; or

  

	 	1.5.2	furnish any information or advice to any employee employed by the Company or any subsidiary or associate thereof engaged in a business or to any prospective employer of
such employee or use any other means which are directly or indirectly intended or likely to persuade such person to be in any way interested in or associated with any company, close corporation, firm, undertaking or concern other than the Company or
any subsidiary or associate thereof; or 

  

	 	1.5.3	 furnish any information or advice (whether oral or written) to any person with whom the Company or any subsidiary or associate thereof does business
that the restrainee intends to or will (whether as proprietor, partner, director, shareholder, member, employee, consultant, contractor, financier, agent, representative or otherwise) directly or indirectly, be interested or engaged in or concerned
with or employed by any company, close corporation, firm, undertaking or concern carried on in the prescribed 

  
 Page 8 of 10

	 	
areas which competes with a business at the closing date or will compete with a business during the 365 days succeeding the date he ceases to be an employee of a proprietor without his becoming
the employee of another proprietor; or 

  

	 	1.5.4	furnish any information or advice (whether oral or written) to any person doing business with the Company or any subsidiary or associate thereof or use any other means
or take any other action which is directly or indirectly designed, or in the ordinary course of events calculated, to result in any such person terminating his association with the Company or any subsidiary or associate thereof concerning a business
and/or transferring his business concerning a business to any person other than the Company or any subsidiary or associate thereof concerning a business, or attempt to do so 

 

	1.6	Each of the undertakings set out in this agreement are severable inter alia as to - 

 

	 	1.6.1	nature of interest, act or activity; 

  

	 	1.6.2	the area and period of the restraint; 

 and are acknowledged to be reasonably required for the protection of the Company and its subsidiaries and to be generally fair and reasonable. 
 Signed at Midrand on this 16 day of July 2010 
  

	
	

	  
 Restrainee

 Signed at Midrand on this 16 day of July 2010 
  

	
	

	  
 For and on behalf of the Company

  
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 Annexure B 
 Restrainee: Megan Pydigadu (Id Num: 2407310137088) 
 Restraint Period: 24
(Twenty Four) Months 

  
 Page 10 of 10

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