THIS DEED is made the 3rd day of December 2015
BETWEEN:
(1) Finlay Extracts & Ingredients UK Limited a company registered in England under number 06459409 whose registered office is at Swire House, 59 Buckingham Gate, London SW1E 6AJ (“Finlays”) and
(2) Kao Corporation a company registered in Japan under number 00101010 whose registered office is at 1-14-10 Nihonbashi, Kayaba-cho, Chuo-Ku 103 8210, Japan (“Kao”)
WHEREAS:
(1) Finlays and Kao are parties to an agreement dated 1st September 2014 for the purposes of purchasing and installing specialist third party capital equipment (the “Agreement”), attached hereto in Schedule 1.
(2) The Parties wish to amend the Agreement as specified in Clause 2, such amendments to take effect from the date of this deed (the “Effective Date”).
IT IS AGREED as follows:
1. Definitions and Interpretation
1.1 In this Deed, unless the context otherwise requires, terms defined in Clause 1 of the Agreement shall have the meaning detailed therein.
1.2 Unless the context otherwise requires, each reference in this Deed to:
1.2.1 “writing”, and any cognate expression, includes a reference to any communication effected by electronic or facsimile transmission or similar means;
1.2.2 a statute or a provision of a statute is a reference to that statute or provision as amended or re-enacted at the relevant time;
1.2.3 “this Deed” is a reference to this Deed and the Schedule as amended or supplemented at the relevant time;
1.2.4 a Schedule is a schedule to this Deed; and
1.2.5 a Clause or paragraph is a reference to a Clause of this Deed (other than the Schedules) or a paragraph of the relevant Schedule.
1.2.6 a "Party" or the "Parties" refer to the parties to this Deed and to the Agreement.
1.3 The headings used in this Deed are for convenience only and shall have no effect upon the interpretation of this Deed.
1.4 Words imparting the singular number shall include the plural and vice versa.
1.5 References to any gender shall include the other gender.
1.6 References to persons shall include corporations.
2. Variation of the Agreement
Taking effect on the Effective Date, the Parties hereby agree that the following amendments shall be made to the Agreement:
Amendment No. Clause No. Amendment
1) 7.2 Add an additional paragraph iv) as follows
“iv) 31st December 2017 after which the equipment shall be dismantled and destroyed in Kenya. The cost of destruction shall be borne by Kao.”
3. Further Assurance
Each Party shall execute and do all such further deeds, documents and things as may be necessary to carry the provisions of this Deed into full force and effect.
4. Costs
Each Party shall pay its own costs of and incidental to the negotiation, preparation, execution and carrying into effect of this Deed.
5. Counterparts
This Deed may be entered into in any number of counterparts and by the Parties to it on separate counterparts each of which when so executed and delivered shall be an original, but all the counterparts together shall constitute one and the same instrument.
6. Law and Jurisdiction
6.1 This Deed (including any non-contractual matters and obligations arising therefrom or associated therewith) shall be governed by, and construed in accordance with, the laws of England and Wales.
6.2 Any dispute, controversy, proceedings or claim between the Parties relating to this Deed (including any non-contractual matters and obligations arising therefrom or associated therewith) shall fall within the jurisdiction of the courts of England and Wales.
Executed as a deed by Finlay Extracts & Ingredients UK Limited acting by