MALOSA LOGISTICS AND PROJECTS (pty) LTD

141 THINASONKE EXTENSION 4

ALRODE-SOUTH

ALBERTON

1426

CELL:078 971 6217EMAIL:

LETTER OF INTENT

We have the following work for you that will start in August should you be interested

Commencement date: August 2017

Trucks: 10 x 34 Ton Side Tippers

Loading point:Burgersfort (Limpopo)

Offloading point:City Deep (Gauteng)

Commodity: Chrome (ROM & LUMPY)

Rate:R335. 00 per ton

Distance: 324 km single trip

Cpk : R35.1

Payment Terms:50% on loading & 50% on offloading

Operational hours: 24/7 Monday to Sunday

Number of Loads:1load per day(minimum) & 2 loads per day (maximum)

Diesel: On your Account

Contract Duration: 12 months renewable
GIT: R350 000. 00

Drivers: Two (2) each truck

Calculations:

Route Calculations

R 335.00 per ton x 34 ton

= R 11 390.00 x 1 load per day

= R 11 390.00 x 30 days

= R 341 700.00 x 10 trucks

= R 3 417 000.00 x 12 months

= R 41 004 000.00 Per Annum

CHECKLIST

PLEASE NOTE: (x1) E-MAIL PER TRUCK AND DRIVER DETAILS

Example (x10) TRUCKS (x10) E-MAILS

Spreadsheet:

Horse Reg.

 Trailer 1 Reg.

 Trailer2 Reg.

 Driver Full Names

 Driver Passport/ID Number

 Driver Cell Number

Drivers:

Passport/ID Copy

 License/PDP copy

 Cell Numbers

Vehicles:

Horse Reg. Copy

 Trailer 1 Reg. Copy if applicable

 Trailer 2 Reg. Copy

 Tracking Certificate

Documents:

Mandate letter (TARL)

 Cross-Border Certificate (Cross-Border Only)

 Valid GIT confirmation

Notes: 2x Stop blocks,

 Rotating yellow light, (if applicable)

 9kg Fire extinguisher

PLEASE SEND US CLEAR & VISIBLE DOCUMENTS!!!

Terms and conditions

1. Invoicing and payments

1.1. No invoices will be paid without load numbers and Original POD's must be submitted immediately to principal after delivering in order to be paid timorously.

1.2 Delivery Notes MUST reflect the relevant Order/Load number(s) at all times. 2 Loading and off-loading 2.1 Drivers must check tonnage and Quantities prior to departure from their loading points all fines and/or delays due to overloading, will be for the contractors account.

2.2 The principal will not be held responsible for short loading if not informed prior to departure from collecting points and Tariffs will be adjusted accordingly.

Acceptance of LOI

I, ______THE UNDERSIGNED, ARE FULLY REPRESENTED AND AUTHORISED TO ACCEPT THIS LOI ON BEHALFOF______ASSIGNING THIS LOI MEANS THAT THE ATTACHED SPREADSHEET AND THAT OF THE COMPLETE DETAILS AND ATTACHED COPIES THEREOF WILL FORM PART OF THIS LOI AND CONTRACT TO BE SIGNED AND WILL NOT DIFFER FROM THE ACTUAL TRUCKS THAT WILL BE SUPPLIED. BY SIGNING THIS LOI, I FURTHER AGREE TO COMMIT TO THE NUMBER OF______TRUCKS WITH THE CAPACITY OF ______TONS FROM:____/_____/2016. (STIPULATE ONLY WHEN THE COMMENCEMENT DATE IS CONFIRMED). CONFIRMATION THAT WILL BE ISSUED AND FORWARDED ON RECEIPT OF REQUIRED DOCUMENTS AS STIPULATED ABOVE. A PENALTY OF R 10 000.00 PER TRUCK WILL BE CHARGED FOR VEHICLES THAT DO NOT ARRIVE AT THE LOADINGPOINT AS STIPULATED ON THE LOAD-CON AND WILL BE CHARGED TO THE OWNER WHO SUBMITTED THE TRUCKS. LOADS SENT TO YOU BY ANY REPRISENTITIVE OF TARL. ARE NOT ALLOWED TO BE BROKERED OUT WITHOUT WRITTEN CONCENT. IF TARL WOULD FIND OUT THAT A LOAD IS BROKERED OUT WITHOUT WRITTEN CONCENT, THE FULL LOAD RATE WILL BE INVOICED ON YOUR ACCOUNT AS PENALTY. SIGNED AT______ON THE_____DAY OF______2016 ______NAME OF TRANSPORTER ______SIGNATURE OF TRANSPORTER Page 4 of 4 ______NAME OF WITNESS ______SIGNATURE OF WITNESS

We are looking forward to having a long term association with your esteemed organization.

Malosa Logistics and Projects
SabeloSprianRani
0789716217

EMAIL: