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In this Rules, the following words shall, unless otherwise stated or inconsistent with the context in which they appear, bear the following meanings and other words derived from the same origins as such words (that is, cognate words) shall bear corresponding meanings:

1. “AgriRewards Member”, means registered Participants in the AgriRewards Scheme;
2. “AgriRewards Scheme” means the Senwes Group Bonus Scheme for Customers of of the Senwes Group approved (and amended) from time to time by the Board, as provided in the AgriRewards Scheme Rules;
3. “Contributions” means a percentage of its profits of participating member companies of business units in the AgriRewards Scheme (“Participating members”) to registered Farmers Associations;
4. “Farmers Association”, means a voluntary association of Farmers with a collective purpose, and includes Farmers’study which members are registered AgriRewards Members and that is registered for AgriRewards Plus in terms of these Rules;
5. “Qualifying Farmers Association” means a registered Farmers Association in terms of these Rules;
6. “Senwes” means Senwes Limited, with registration number 1997/005336/06, a public company and include its subsidiaries, herein referred to also as the “Senwes Group”; and
7. “Rules” means these Rules, which may be amended from time to time by Senwes in its sole discretion.

The prevailing AgriRewards Bonus Scheme Rules in terms of definitions, disputes and general terms and conditions apply mutatis mutandis to AgriRewards Plus.

The Senwes Group may annually contribute a percentage of its profits of Participating Members to Farmers Associations, whose members are registered AgriRewards Members, based on the Value of the Business done by the Farmers Association’s AgriRewards members with Participating Members in the Senwes Group.

This cash benefit (Contribution) is funded by the Senwes Group and is in addition to current Allocations to AgriRewards members. These Contributions is determined at Senwes’ sole discretion based on the forecasted profits for a financial year and the availability of funds on an annual basis.

AgriRewards+ provides a structured manner to channel donations to communities with the Farmers’ associations as the conduit.

The Contributions is calculated on the Value of the Business done by the AgriRewards members of the Qualifying Farmers Association per annum.

Application of Contributions and Rules

The Senwes Group will make the Contribution to the qualifying Farmer’s Association. The Farmers Association decides in its sole discretion to apply the Contribution for any community or related social benefit initiatives such as infrastructure improvements or repairs, to donate to, or fund the church, school or old age home, or assistance with any other community upliftment or related project.

The Contribution is made on the condition that:

• Senwes be afforded the opportunity to cover the event/donation that is provided and publish the event/donation on different media and social platforms; and
• Representatives of the Senwes Group be invited for a business-related discussion/meeting with the Farmers’ Association at least once per financial year.

1. The Value of the Business done with the Senwes Group during each month will be used to calculate the accrued Contributions and will be accounted for separately from the AgriRewards benefits for each AgriRewards Member;
2. A minimum amount of R1 000,00 (one thousand Rand) must be available as a Contribution to the credit of the Farmers Association before application may be made for payment;
3. Should the accrued annual Contribution per Farmers Association be below R10 000,00 (ten thousand Rands) as a result of the Value of the Business done, or any related reason in a particular area, an amount of R10 000,00 (ten thousand Rands) is available annually, at the sole discretion of Senwes, to add to the accrued Contribution to the Farmers Association;
4. AgriRewards members may amend and nominate another Farmers Association to receive his/her Contribution annually only between the period May to July;
5. In the event that a reversal of Allocation is made to the accrued Allocation of a AgriRewards Members’ account, for whatsoever reason, the Contribution made to the Farmers Association shall be reversed as well.

1. Members of the Farmers Association must register for AgriRewards before they are able to participate in AgriRewards + if they are not yet registered for Agrirewards;
2. AgriRewards Members may apply for registration of the Farmers’ Association with Senwes at www.senwes.co.za/rewards or on the Senwes app (Android and iOS).

Payment of accrued Contribution amounts shall be made subject to:

1. The availability of at least an amount of R1 000,00 (one thousand Rand) to the credit of the Farmers Association;
2. That the Farmers Association opened a vendor account at Senwes and provided the designated bank account and required FICA documents for the payment of the Contribution;
3. That the Farmers Association applied in writing by e-mail to the AgriRewards + team for payment:
4. The verification of the accrued Allocations of AgriRewards Members.
5. The verification of Contributions.

In addition:

6. A maximum of 50% (fifty percent) of the accrued Contribution shall be paid out to the Farmers Associations during the 1st year of AgriRewards+.
7. Thereafter accrued contributions shall be paid out upon request and only once per annum (financial year) subject to these Rules.