SEC Contract Filing

Filing Date: 2022-01-28

Document Content:
<DOCUMENT>
<TYPE>EX-10.3
<SEQUENCE>4
<FILENAME>exhibit10-3.htm
<DESCRIPTION>EXHIBIT 10.3
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 <title>Net 1 UEPS Technologies, Inc.: Exhibit 10.3 - Filed by newsfilecorp.com</title>
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 <hr width="100%" size="3" color="black" noshade="noshade"><a name="page_1"></a><br>
 <p style="margin-left: 25.5pt; text-align: right; margin-top: 0pt;"><b>EXHIBIT 10.3</b></p>
 <p style="margin-left: 25.5pt; text-align: right; margin-bottom: 0pt;"><b>EXECUTION</b></p>
 <p style="margin-left: 25.5pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt;"><b>SENIOR FACILITY H AGREEMENT</b></p>
 <p style="margin-left: 25.5pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt;">&#160;</p>
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 <p style="text-align: center; margin-top: 0pt; margin-bottom: 0pt;"><b>DATED 24 JANUARY, 2022</b></p>
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 <p style="margin-left: 25.5pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt;"><b>R350,000,000 SENIOR TERM LOAN FACILITY</b></p>
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 <p style="margin-left: 25.5pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt;">for</p>
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 <p style="margin-left: 25.5pt; text-align: center; margin-top: 0pt;"><b>NET1 APPLIED TECHNOLOGIES SOUTH AFRICA PROPRIETARY LIMITED</b></p>
 <p style="margin-left: 25.5pt; text-align: center; margin-bottom: 0pt;">(as borrower)</p>
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 <p style="margin-left: 25.5pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt;">provided by</p>
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 <p style="margin-left: 25.5pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt;"><b>FIRSTRAND BANK LIMITED</b><br><b>(ACTING THROUGH ITS RAND MERCHANT BANK DIVISION)</b><br>(as lender)</p>
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 <p style="margin-left: 25.5pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt;">with</p>
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 <p style="margin-left: 25.5pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt;"><b>FIRSTRAND BANK LIMITED</b><br><b>(ACTING THROUGH ITS RAND MERCHANT BANK DIVISION)</b><br>(as facility agent)</p>
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 <td style="width: 100%; text-align: center;">This Agreement is entered into subject to the terms of a Common Terms Agreement<br>dated on or about the date of this Agreement</td>
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 <p style="margin-left: 25.5pt; text-align: center; margin-top: 0pt;">&#160;</p>
 <p style="margin-left: 25.5pt; text-align: right;"><img src="exhibit10-3xu001.jpg"></p>
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 <hr style="page-break-after: always; text-align: center;" width="100%" size="5" color="black" noshade="noshade"><a name="page_2"></a>
 <p style="text-align: center;"><b>CONTENTS</b></p>
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 <p style="text-align: left;"><b>Clause</b></p>
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 <p style="text-align: right;"><b>Page</b></p>
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 <td style="width: 4%; vertical-align: bottom; background-color: rgb(238, 238, 238); text-align: left;"><a href="#page_3">1.</a></td>
 <td style="width: 89%; vertical-align: bottom; background-color: rgb(238, 238, 238); text-align: left; padding-left: 6.75pt;"><a href="#page_3">Definitions and Interpretation</a></td>
 <td style="width: 5%; vertical-align: bottom; background-color: rgb(238, 238, 238); text-align: right;"><a href="#page_3">3</a></td>
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 <td style="width: 4%; vertical-align: bottom; text-align: left;"><a href="#page_5">2.</a></td>
 <td style="width: 89%; vertical-align: bottom; text-align: left; padding-left: 6.75pt;"><a href="#page_5">The Facility</a></td>
 <td style="width: 5%; vertical-align: bottom; text-align: right;"><a href="#page_5">5</a></td>
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 <td style="width: 4%; vertical-align: bottom; background-color: rgb(238, 238, 238); text-align: left;"><a href="#page_5">3.</a></t