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Form 8-K

sec.gov

8-K — Ondas Inc.

Accession: 0001213900-26-058161

Filed: 2026-05-18

Period: 2026-05-16

CIK: 0001646188

SIC: 3663 (RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT)

Item: Entry into a Material Definitive Agreement

Item: Unregistered Sales of Equity Securities

Item: Regulation FD Disclosure

Item: Other Events

Item: Financial Statements and Exhibits

Documents

8-K — ea0291248-8k_ondas.htm (Primary)

EX-2.1 — SHARE PURCHASE AGREEMENT, DATED MAY 16, 2026, BY AND AMONG THE COMPANY, OMNISYS LTD., (ea029124801ex2-1.htm)

EX-99.1 — FACT SHEET, DATED MAY 18, 2026 (ea029124801ex99-1.htm)

EX-99.2 — PRESS RELEASE, DATED MAY 18, 2026 (ea029124801ex99-2.htm)

GRAPHIC (ea029124801_ex99-1img1.jpg)

GRAPHIC (ea029124801_ex99-1img2.jpg)

GRAPHIC (ea029124801_ex99-2img1.jpg)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — CURRENT REPORT

8-K (Primary)

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2026-05-16

2026-05-16

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

Washington,

D.C. 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date

of Report (Date of earliest event reported) May 16, 2026

Ondas

Inc.

(Exact

name of registrant as specified in its charter)

Nevada

001-39761

47-2615102

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

222

Lakeview Avenue, Suite 800, West Palm Beach, Florida 33401

(Address

of principal executive offices) (Zip Code)

Registrant’s

telephone number, including area code (888) 350-9994

N/A

(Former

name or former address, if changed since last report.)

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions:

Written communications

pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant

to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications

pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications

pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities

registered pursuant to Section 12(b) of the Act:

Title

of each class

Trading

Symbol

Name

of each exchange on which registered

Common Stock par value $0.0001

ONDS

The Nasdaq Stock Market

LLC

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☐

If

an emerging growth company, indicate by checkmark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item

1.01. Entry into a Material Definitive Agreement.

On

May 16, 2026, Ondas Inc. (the “Company”) entered into a Share Purchase Agreement (the “Agreement”), by and among

the Company, Omnisys Ltd., a company organized under the laws of the State of Israel (“Omnisys”), Omnisys’ shareholders

listed on Exhibit A thereto (the “Company Shareholders”), and Mr. Ofer Yarden, solely in such person’s capacity as

the representative, agent and attorney-in-fact of the Indemnifying Parties (as defined in the Agreement) and not in any personal capacity.

The

Agreement provides that, upon the terms and subject to the conditions set forth in the Agreement, the Company will acquire 100% of the

issued and outstanding share capital (“Omnisys Shares”) of Omnisys (the “Acquisition”). At

the closing of the Acquisition, upon the terms and subject to the conditions set forth in the Agreement, the Company shall pay an aggregate

amount of $199,000,000 of shares of the Company's common stock, par value $0.0001 per share (“Common Stock”), subject to

certain adjustments set forth in the Agreement (the “Purchase Price”), of which

(i) $29,000,000 of Common Stock shall be paid on the closing of the Acquisition, (ii) $142,500,000 of Common Stock shall be paid in five

equal installments within twenty days following the closing of the Acquisition, and (iii) the balance of the Purchase Price shall be

paid in Common Stock on the twenty-forth Trading Day (as defined in the Agreement) following the closing of the Acquisition.

Additionally,

pursuant to the terms of the Agreement, for three years after the closing of the Acquisition, the Company Shareholders have an opportunity

to earn an additional aggregate amount of up to $60,000,000 in contingent earn-out payments, subject to certain milestones as set forth

in the Agreement, payable in Common Stock (the “Earn-Out Payments”).

The

shares of Common Stock issued pursuant to the Acquisition, including the Earn-Out Payments, are to be registered for resale pursuant

to a registration rights agreement to be entered into at closing of the Acquisition.

Each

of the Company, Omnisys, and the Company Shareholders has provided customary representations, warranties and covenants in the Agreement.

The completion of the Acquisition is subject to various closing conditions, including (a) the requisite shareholder consent of Omnisys

being obtained, (b) the requisite governmental approvals, consents and/or waivers, if any, being obtained, (c) the absence of any applicable

order issued preventing the consummation of the Acquisition shall be in effect, and no action shall have been taken by any Governmental

Entity (as defined in the Agreement) seeking any of the foregoing, and no applicable law or order shall have been enacted, entered, enforced

or deemed applicable that makes the consummation of the Acquisition illegal, (d) the absence of any threatened, instituted or pending

lawsuit, litigation, claims, investigations or other proceedings by any third party which purports to prevent or limit the consummation

of the Acquisition, (e) the absence of any Material Adverse Effect (as defined in the Agreement) with respect to Omnisys or its subsidiaries,

and (f) all Key Employees (as defined in the Agreement) and no fewer than 90% of the employees and Contingent Workers (as defined in

the Agreement) of Omnisys and its subsidiaries shall have continued to be engaged by Omnisys or the applicable subsidiary as of immediately

following closing of the Acquisition.

The

Agreement contains customary termination rights for both the Company and Omnisys, including, but not limited to, (i) the mutual written

consent duly authorized by the Company and Omnisys, (ii) the written notice by the Company or Omnisys if the closing of the Acquisition

has not occurred on or before June 16, 2026 (the “Termination Date”), provided that, this right to terminate shall not be

available to any party whose material breach of any covenant, agreement or obligation under the Agreement shall have been the principal

cause of, or shall have directly resulted in, the failure of the closing of the Acquisition to occur on or before the Termination Date,

or (iii) the written notice by the Company or Omnisys if any order of a Governmental Entity of competent authority preventing the Acquisition

shall have become final and non-appealable.

The

Acquisition is expected to close in the second quarter of 2026.

The

foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by the full text of the Agreement,

a copy of which is attached hereto as Exhibit 2.1, and is incorporated herein by reference.

1

Item

3.02 Unregistered Sales of Equity Securities.

The

disclosure included in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference. The issuances of shares of the

Common Stock in Item 1.01 above will be exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities

Act”), in accordance with Regulation S thereunder, for sales to non-U.S. investors outside of the United States.

Item

7.01. Regulation FD Disclosure.

On

May 18, 2026, the Company issued an investor fact sheet regarding the Acquisition. A copy of the fact sheet is furnished as Exhibit 99.1

to this Current Report on Form 8-K.

The

information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section

18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under

that section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act or the Exchange

Act, except as shall be expressly set forth by specific reference in such filing.

Item

8.01. Other Events

On

May 18, 2026, the Company issued a press release announcing it has entered into the Agreement. A copy of the press release is attached

as Exhibit 99.2 and incorporated herein by reference.

Item

9.01. Financial Statements and Exhibits.

(d)

Exhibits.

Exhibit

No.

Description

2.1*

Share Purchase Agreement, dated May 16, 2026, by and among the Company, Omnisys Ltd., shareholders listed on Exhibit A thereto, and Mr. Ofer Yarden, solely in such person’s capacity as the representative, agent and attorney-in-fact of the Indemnifying Parties.

99.1

Fact Sheet, dated May 18, 2026.

99.2

Press Release, dated May 18, 2026.

104

Cover Page Interactive Data File (embedded within the

Inline XBRL document)

* Schedules

and Exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company agrees to furnish supplementally to the Securities

and Exchange Commission a copy of any omitted schedule upon request.

2

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

Date: May 18, 2026

ONDAS INC.

By:

/s/

Eric A. Brock

Eric A. Brock

Chief Executive Officer

3

EX-2.1 — SHARE PURCHASE AGREEMENT, DATED MAY 16, 2026, BY AND AMONG THE COMPANY, OMNISYS LTD.,

EX-2.1

Filename: ea029124801ex2-1.htm · Sequence: 2

Exhibit 2.1

SHARE PURCHASE AGREEMENT

by and among

Ondas

Inc.

a Nevada corporation,

Omnisys

Ltd.,

a company organized under the laws of the State

of Israel,

the Company

Shareholders

and

Ofer

Yarden,

as the Shareholders’ Agent

Dated as of May 16, 2026

Share

Purchase Agreement

This

Share Purchase Agreement (this “Agreement”) is made and entered into as of May 16, 2026 (the “Agreement

Date”), by and among Ondas Inc., a Nevada corporation (“Acquirer”), Omnisys Ltd., a company organized

under the laws of the State of Israel (the “Company”) and the Company’s shareholders listed on Exhibit

A, (the “Company Shareholders”), and Mr. Ofer Yarden, solely in such person’s capacity as the representative,

agent and attorney-in-fact of the Indemnifying Parties and not in any personal capacity (the “Shareholders’ Agent”).

Certain other capitalized terms used herein are defined in Schedule I.

Recitals

A. The Company Shareholders are the holders and the legal and beneficial owners of 100% of the Company Shares

and Equity Securities of the Company.

B. Acquirer desires to, subject to the terms and conditions set forth in this Agreement, purchase from the

Company Shareholders, and each Company Shareholder will sell to Acquirer, all of the Company Shares owned by such Company Shareholder

free from any Encumbrances and subject to the terms and conditions set forth in this Agreement (the “Share Purchase”).

C. The Company, the Company Shareholders, and Acquirer desire to make certain representations, warranties,

covenants and other agreements in connection with the Share Purchase as set forth herein.

D. The board of directors of the Company (the “Board”) has carefully considered

the terms of this Agreement and has unanimously determined that this Agreement and the transactions contemplated by this Agreement and

the documents referenced herein (collectively, the “Transactions”), are in the best interests of, and are advisable

to, the Company and the Company Shareholders and recommended that all of the Company Shareholders enter into this Agreement.

E. Concurrently with the execution and delivery of this Agreement, (a) the Company Shareholders representing

holders of 100% of the issued and outstanding share capital of the Company as of the date hereof have delivered a duly executed counterpart

to a unanimous written consent in the form to be agreed between the Company and Acquirer prior to Closing (the “Shareholder

Consent”), pursuant to which all of the Company Shareholders irrevocably (i) approved this Agreement, the other Transaction

Documents, the Share Purchase and the Transactions, and (ii) waived all of their respective Acquisition Rights (if any), and (b) the Company

Shareholders have delivered investor questionnaires substantially in the form to be agreed between the Company and Acquirer prior to Closing,

pursuant to which each such Company Shareholder is either an Accredited Investor and/or is a non-US Person (the “Investor

Questionnaires”).

Now, Therefore,

in consideration of the representations, warranties, covenants, agreements and obligations contained herein, and for other good and valuable

consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

Article

I

The Share Purchase

1.1 The

Share Purchase.

(a) Company

Shares. On the terms and subject to the conditions of this Agreement, at the Closing, each Company Shareholder shall sell, transfer

and deliver to Acquirer, and Acquirer shall purchase from each Company Shareholder, all of the Company Shares owned by such Company Shareholder

as of immediately prior to the Closing (as set forth on the Spreadsheet) free and clear of all Encumbrances, in exchange for the right

to receive (in each case, without interest and subject to withholding in accordance with the provisions of Section ‎1.1(b))

at the Closing:

(i) for

each Company Share owned by such Company Shareholder (provided that Company 102 Shares held by the 102 Trustee shall be treated as set

forth in Section ‎1.1(b)):

(1) subject

to the execution and delivery of the Registration Rights Agreement, the number of shares of the Base Stock Consideration Payment due on

the Closing Date per each Company Share (rounded down to the nearest whole share after aggregating all fractional Base Stock Consideration

payable to such Company Shareholder on such date and as calculated in the Spreadsheet), minus such Company Shareholder’s

Pro Rata Share of (x) the Closing Escrow Amount and (y) the Adjustment Escrow Amount (if there shall be an Adjustment Escrow Fund); and

(2) the

right to receive, subject to the terms and provisions hereof, on each of the Second Payment Date, the Third Payment Date, the Fourth Payment

Date, the Fifth Payment Date, the Sixth Payment Date and the Seventh Payment Date, subject to the execution and delivery of the Registration

Rights Agreement, the number of shares of the Base Stock Consideration Payment due on the applicable Payment Date per each Company Share

(rounded down to the nearest whole share after aggregating all fractional Base Stock Consideration payable to such Company Shareholder

and as calculated in the Spreadsheet), minus such Company Shareholder’s Pro Rata Share of the respective Deferred Escrow

Amount; and

(3) subject

to the Earn-Out Payment being payable on the Earn-Out Payment Date, the right to receive, subject to the terms and provisions hereof,

on the Earn-Out Payment Date, per each Company Share and at Acquirer’s sole discretion, either (i) subject to the execution and

delivery of the Registration Rights Agreement, the number of shares of the Earn-Out Payment due on the Earn-Out Payment Date per each

such Company Share (rounded down to the nearest whole share after aggregating all fractional shares of Earn-Out Payment payable to such

Company Shareholder and as calculated in the Spreadsheet), or, in lieu thereof, (ii) an amount in cash equal to the Substitute Cash Consideration

due on the Earn-Out Payment Date per each such Company Share (as calculated in the Spreadsheet); and

(4) the

right to receive, subject to the terms and provisions hereof, upon release, such Company Shareholder’s portion of the Escrow Fund

and the Adjustment Escrow Fund.

(ii) Any

portion of the Aggregate Consideration payable or otherwise deliverable pursuant to this Agreement to the Company Shareholders or any

of them shall be deposited with the Paying Agent, which will hold and release such consideration to the Company Shareholders or any of

them in accordance with the provisions hereof and the provisions of the Paying Agent Agreement. Upon such deposit with the Paying Agent,

Acquirer shall have fulfilled its obligations to the Company Shareholders with respect to such payments.

2

(iii) Notwithstanding

anything to the contrary herein, if on any Base Stock Consideration Payment Date the Acquirer is unable to deliver Tradeable shares of

the Acquirer Common Stock pursuant to a Prosupp filed on such date, in accordance with the terms of the Registration Rights Agreement,

the Acquirer shall pay, in lieu of the issuance of shares of Acquirer Common Stock, an amount equal to the Substitute Cash Consideration

in immediately available funds.

(b) Company

102 Shares Treatment. Any portion of the Aggregate Consideration payable or otherwise deliverable pursuant to this Agreement to the

holders of Company 102 Shares shall be deposited with the Paying Agent, and the Paying Agent shall deliver the portion of the Aggregate

Consideration that is payable to the holders thereof at the Closing in consideration of Company 102 Shares, to the 102 Trustee to be held

and released in accordance with the provisions of this Agreement, the trust agreement with the 102 Trustee, applicable Law (including

the provisions of Section 102 of the Israel Tax Ordinance and the regulations and rules promulgated thereunder). The 102 Trustee shall

withhold or cause to be withheld any amounts required in accordance with applicable Law (including the provisions of Section 102 of the

Israel Tax Ordinance and the regulations and rules promulgated thereunder).

(c) Withholding;

Certain Tax Matters.

(i) Each

of Acquirer, the Paying Agent, the 102 Trustee and the Company (each, a “Payor”) shall be entitled to deduct

and withhold (without duplication) from any consideration in cash or in Acquirer Common Stock payable or otherwise deliverable to any

Person pursuant to this Agreement (each, a “Payee”) such amounts as Payor determines are required to be deducted

or withheld therefrom in connection therewith under the Code or any provision of state, local or foreign Tax law or under any other Applicable

Law, including Israeli Income Tax Ordinance (New Version) 1961 and any regulations promulgated thereunder (as amended) (the “Israeli

Income Tax Ordinance”), provided, however, that other than with respect to any such payments, the applicable

Payor shall provide the Payee from whom such amounts will be withheld with (a) written notice at least five (5) Business Days prior to

withholding any amounts pursuant to this Section ‎(d), and (b) the opportunity to produce any forms, certificates and

other documentation that may eliminate or reduce such deduction and withholding. To the extent such amounts were so deducted or withheld,

such amounts shall be timely remitted to the applicable Tax Authority by the relevant Payor, and such amounts shall be treated for all

purposes under this Agreement as having been paid to the Person to whom such amounts would otherwise have been paid. To the extent such

amounts are deducted and withheld, the Payor shall within no later than thirty (30) days of the date of such withholding, furnish the

payee with written confirmation evidencing such Tax withholding.

3

(ii) Notwithstanding

the provisions of Section ‎1.1(d)(i) above, the Paying Agent shall provide Acquirer, prior to the Closing Date, with an undertaking

as required under Section 6.2.4.3 of the Income Tax Circular 19/2018 (Transaction for Sale of Rights in a Corporation that includes

Consideration that will be transferred to the Seller at Future Dates), with respect to Israeli Tax, any payments payable or otherwise

deliverable in cash or by issuance of shares of Acquirer Common Stock to any Payee pursuant to this Agreement shall be retained by the

Paying Agent for the benefit of each such Payee for a period of up to 180 days from the Closing (or, with respect to any amounts payable

or otherwise deliverable by issuance of shares of Acquirer Common Stock after the Closing, 180 days from the date of such payment)

or an earlier date required in writing by such Payee or as otherwise requested by the ITA (the “Withholding

Drop Date”) (during which time, unless otherwise required by the ITA, no amount shall be paid by the Paying Agent

to such Payee and no amounts for Israeli Taxes shall be withheld from amounts paid to the Paying Agent), and during which time each Payee

may obtain a valid certification or ruling (which, for avoidance of doubt, includes Acquirer’s opportunity to review, comment on

and approve any application to the ITA before submission, such approval not to be unreasonably conditioned, withheld or delayed) issued

by the ITA and applicable to the payments to be made to the Payee pursuant to this Agreement, in form and substance reasonably acceptable

to Paying Agent and Acquirer (x) exempting the Payor from the duty to withhold Israeli Taxes with respect to payment to such Payee,

(y) determining the applicable rate of Israeli Tax to be withheld from the payment to such Payee, or (z) providing any other

written instructions with respect to withholding of Israeli Taxes (the “Valid

Tax Certificate”). In the event that no later than five (5) Business Days before the Withholding Drop Date, a Payee

submits a Valid Tax Certificate to the Paying Agent, the Paying Agent shall act in accordance with the provisions of such Valid Tax Certificate

subject to any deduction and withholding as may be required to be deducted and withheld under the Code, or any provision of state, local

or foreign Tax Law (other than Israeli Law), and the balance of the payment that is not withheld shall be promptly paid to such Payee.

If any Payee (A) does not provide the Paying Agent with a Valid Tax Certificate, no later than five (5) Business Days before the Withholding

Drop Date, or (B) submits a written request with the Paying Agent to release its portion of the applicable payment payable in cash or

in shares of Acquirer Common Stock prior to the Withholding Drop Date and fails to submit a Valid Tax Certificate at or before such time,

then Israeli Taxes will be withheld from such Payee’s portion of the applicable payment under this Agreement as determined by the

Paying Agent, in consultation with Acquirer and/or its advisors at its reasonable discretion, according to the applicable withholding

rate in accordance with the Israeli Income Tax Ordinance (calculated in NIS based on the published US$:NIS exchange rate of the Bank of

Israel on the actual payment date to such Payee), which amount shall be delivered, or caused to be delivered, to the ITA by the Paying

Agent, and the Paying Agent shall deliver to such Payee the balance of the applicable payment due to such Payee that is not so withheld.

Any amount required to be withheld under this Agreement shall be funded first through a reduction from any portion of cash consideration

then payable to such Payee, and to the extent there is insufficient cash to permit such withholding, through the forfeiture or sale of

the portion of the Acquirer Common Stock otherwise deliverable to such Payee that is required to enable the Payor to comply with applicable

deduction or withholding requirements. Any currency conversion or sale of Acquirer Common Stock commissions will be borne by the applicable

Payee and deducted from payments to be made to such Payee. Each Payee hereby waives, releases and absolutely and forever discharges Acquirer

and any other Payor from and against any and all claims for any losses in connection with the forfeiture or sale of any portion of the

Acquirer Common Stock otherwise deliverable to such Payee in connection with the compliance with the withholding requirements set forth

in this Section. For the avoidance of doubt, any Valid Tax Certificate delivered to the Paying Agent by any Payee with respect to any

amount payable or otherwise deliverable pursuant to this Agreement at a certain date shall apply only to the amount payable or otherwise

deliverable at such certain date and will not apply to any amounts payable or otherwise deliverable to the Acquirer at any later dates

thereafter, unless, with respect to each later date, such Valid Tax Certificate is in force during such later date and covers the full

amount payable or otherwise deliverable to the Acquirer on such later date. For the avoidance of doubt, any amounts required to be deducted

or withheld pursuant to this Section ‎1.1(d) in connection with the shares of Acquirer Common Stock payable to a Payee pursuant

to this Agreement, shall be calculated based on the value of such shares of Acquirer Common Stock at Closing or on the date of their actual

payment, whichever results in a higher amount to be withheld, unless the ITA instructs otherwise.

4

(iii) In

the event that the Payor receives a demand from the ITA to withhold any amount and transfer it to the ITA, the Payor (i) shall notify

the applicable Payee of such matter reasonably promptly after receipt of such demand, and provide such Payee with reasonable time to attempt

to delay such requirement or extend the period for complying with such requirement as evidenced by a written certificate, ruling or confirmation

from the ITA and (ii) to the extent that any such certificate, ruling or confirmation is not timely provided by such Payee to the Payor,

transfer to the ITA any amount so demanded, including any interest, indexation and fines required by the ITA in respect thereof, and such

amounts shall be treated for all purposes of this Agreement as having been delivered and paid to the applicable Payee.

(d) Unaccredited

Investors and Non-US Person. Notwithstanding anything to the contrary in this Agreement, in no event shall Acquirer issue or be required

to issue any shares of Acquirer Common Stock to any Person that is neither an Accredited Investor nor a non-US Person, as determined by

Acquirer in its sole discretion.

(e) Closing.

Upon the terms and subject to the conditions set forth herein, the closing of the Transactions, including the consummation of the Share

Purchase (the “Closing”), shall take place remotely via the exchange of documents and electronic signatures,

on the fifth (5th) Business Day following the satisfaction or waiver, as applicable, of all conditions precedent set forth set forth in

‎Article VIII, or at such other location, date and time to be agreed by Acquirer and the Company in writing (the “Closing

Date”).

1.2 Closing

Deliveries.

(a) Acquirer

Deliveries. Acquirer shall take the following actions and deliver the following documents to the Company at or prior to the Closing,

except as otherwise indicated:

(i) a

certificate, dated as of the Closing Date, executed on behalf of Acquirer by a duly authorized officer of Acquirer to the effect that

each of the conditions set forth in Section ‎8.2 has been satisfied (the “Acquirer’s Officer Certificate”);

(ii) the

Escrow Agreement in the to be agreed between the Company and Acquirer prior to Closing (the “Escrow Agreement”),

duly executed by Acquirer;

(iii) the

Paying Agent Agreement, duly executed by the Acquirer;

(iv) the

Registration Rights Agreement, duly executed by the Acquirer; and

(v) an

undertaking towards the IIA, in the form attached hereto as Schedule ‎1.2‎(a)‎(v) duly executed by the Acquirer.

(b) Company

Deliveries. The Company or the Company Shareholders, as applicable, shall deliver, or cause the Company to deliver, to Acquirer, at

or prior to the Closing:

(i) duly

executed share transfer deeds signed by all Company Shareholders with respect to all of the Company Shares held by each such Company Shareholder

as of the Closing Date;

(ii) a

certificate dated as of the Closing Date and executed on behalf of the Company by its Chief Executive Officer, to the effect that each

of the conditions set forth in clauses ‎(a), ‎(c), ‎(d), ‎(f) and ‎(h) of Section ‎8.3 has been satisfied

(the “Company Closing Certificate”);

(iii) a

certificate, dated as of the Closing Date and executed on behalf of the Company by its Chief Executive Officer, certifying (A) the Company’s

Amended and Restated Articles of Association as in effect immediately prior to the Closing (the “Charter Documents”)

and (B) the Board Consent and the Shareholder Consent (including a certification that, as of the Closing Date, such resolutions remain

in full force and effect and have not been amended, rescinded or modified), and (C) the incumbency and signatures of the officers of the

Company executing this Agreement or any other Transaction Document (the “Company Officer’s Certificate”

and together with the Acquirer Officer’s Certificate, the “Officer’s Certificates”);

5

(iv) an

invoice from each advisor or other service provider to any of the Acquired Companies (other than any Employee, director or officer of

any of the Acquired Companies), in each case dated no more than three (3) Business Days prior to the Closing Date, with respect to all

their respective Transaction Expenses set forth in the Spreadsheet, and written acknowledgments pursuant to which each such advisor or

other service provider states the total amount of Transaction Expenses owed to such Person (each, an “Invoice”);

(v) a

resignation letter in the form attached hereto as Schedule ‎1.2(b)(v)(A) (the “D&O Resignation Letter”),

executed by Alfred Tzimet, effective no later than immediately prior to the Closing;

(vi) a

certificate from the Israeli Registrar of Companies certifying that each of the Company and its Subsidiaries is registered under Israeli

Law since its date of incorporation and is not a “breaching company”;

(vii) the

Spreadsheet, completed to include all of the information specified in Section ‎7.5 in a form (A) similar to the Signing

Spreadsheet and (B) satisfactory to Acquirer, and a certificate executed by the Chief Executive Officer of the Company, dated as of the

Closing Date, certifying on behalf of the Company that the Spreadsheet is true, correct and complete;

(viii) a

USB, CD or DVD-ROM, or URL link containing a complete copy of the contents of the virtual data room entitled “Project Omega –

Data Room” as of immediately prior to the Closing;

(ix)

evidence that the Company has purchased the D&O Tail Policy;

(x) the

Paying Agent Agreement, duly executed by the Shareholders’ Agent and the Company Shareholders;

(xi) the

Escrow Agreement, duly executed by the Shareholders’ Agent and the Escrow Agent;

(xii)

a Retention and Employment Agreement, in the form to be agreed between the Company and Acquirer prior to Closing (a “Retention

and Employment Agreement”), duly executed by each Company Shareholder;

(xiii) each

Company Shareholder shall have duly executed an Investor Questionnaire and a Registration Rights Agreement dated on or before the Closing

Date, and all Company Shareholders shall have been confirmed by Acquirer, based on their duly executed Investor Questionnaires, as either

Accredited Investors or non-US Persons;

(xiv) evidence

that the consents listed or described on Schedule ‎‎1.2(xiv) hereof have been obtained;

6

(xv) evidence

that the notices and procedures listed or described on Schedule ‎1.2(b)‎(xv) hereof have been delivered and/or complied

with, as applicable; and

(xvi) the

shareholders registry of the Company, duly executed by an authorized officer or director of the Company, evidencing the transfer and ownership

of all of the Company Shares to Acquirer.

Receipt by Acquirer of any of the agreements, instruments,

certificates or documents delivered pursuant to this Section ‎1.2(b) shall not be deemed to be an agreement by Acquirer

that the information or statements contained therein are true, correct or complete, and shall not diminish Acquirer’s remedies hereunder

if any of the foregoing agreements, instruments, certificates or documents are not true, correct or complete.

(c) Rights

Not Transferable. The rights of the Company Shareholders under this Agreement as of immediately prior to the Closing are personal

to each such Company Shareholder and shall not be transferable for any reason, other than by operation of law, will or the laws of descent.

Any attempted transfer of such right by any holder thereof (other than as permitted by the immediately preceding sentence) shall be null

and void.

1.3 Surrender

of Certificates.

(a) Certificate

Exchange Procedures.

(i) At

the Closing, subject to Section ‎1.1(a)(ii), Acquirer shall cause to be deposited with IBI Trust Management Ltd. (the “Paying

Agent”) a number of shares of Acquirer Common Stock equal to the Base Stock Consideration Payment due at the Closing Date,

or the applicable Substitute Cash Consideration.

(ii) At

the Closing and upon the effectiveness of the Share Purchase, Acquirer and the Shareholders’ Agent shall enter with the Paying Agent

into a Paying Agent Agreement in the form to be agreed between the Company and Acquirer prior to Closing (the “Paying Agent

Agreement”), which shall provide for the payment specified under clause (i) above to the Company Shareholders subject to

the withholding provisions of Section ‎1.1(b), all as set forth in the Spreadsheet and in accordance with Section ‎1.1.

Notwithstanding anything to the contrary herein, any portion of the Aggregate Consideration payable or otherwise deliverable pursuant

to this Agreement in respect of any Company 102 Shares, shall be delivered by the Paying Agent to the 102 Trustee, which will hold and

release such payment in accordance with the provisions of Section 102 of the Israeli Income Tax Ordinance.

(iii) If

any certificates representing Company Shares shall have been lost, stolen or destroyed, upon the making of an affidavit of that fact by

the Person claiming such certificate to be lost, stolen, or destroyed and, if required by Acquirer or the Paying Agent, the execution

of an indemnity agreement in such reasonable form as Acquirer or Paying Agent requires as indemnity against any claim that may be made

against Acquirer, any of its Affiliates or the Paying Agent with respect to such document, and upon delivery of all other required documentation,

the Paying Agent will issue in respect of such Person’s Company Shares represented by such lost, stolen or destroyed certificate

the applicable portion of the Base Stock Consideration due at Closing pursuant to Section ‎1.1.

(iv) No

Liability. Notwithstanding anything to the contrary in this Section ‎1.3, no party hereto shall be liable to any Person

for any amount properly paid to a public official pursuant to any applicable abandoned property, escheat or similar Applicable Law.

7

1.4 Escrow Fund. Notwithstanding anything else to the contrary in this Agreement, at the Closing, Acquirer shall deduct and withhold from the portion

of the aggregate number of shares of Acquirer Common Stock otherwise deliverable to each Company Shareholder pursuant to Section ‎‎1.1(a),

on the Closing Date, such number of shares of Acquirer Common Stock as is equal to the quotient of (i) such Company Shareholder’s

Pro Rata Share of the Closing Escrow Amount divided by (ii) the Acquirer Stock PPS, rounded up to the nearest whole share, and

at each Payment Date thereafter, (a) such Company Shareholder’s Pro Rata Share of the applicable Deferred Escrow Amount, divided

by (ii) the Acquirer Stock PPS, rounded up to the nearest whole share (the aggregate cash amount resulting from any sale by the Paying

Agent on behalf of the Company Shareholders of such shares of Acquirer Common Stock, together with any interest that may be earned thereon,

collectively, the “Escrow Fund”), and shall deposit (or cause to be deposited) the Escrow Fund with the Paying

Agent, for further distribution to the Escrow Agent. The Escrow Fund shall be held and released by the Escrow Agent subject to the provisions

of this Agreement, the Escrow Agreement and the Paying Agent Agreement for the purpose of securing the indemnification obligations of

the Indemnifying Parties under this Agreement.

1.5 Company

Net Working Capital Adjustment.

(a) Concurrently

with the execution of this Agreement by the Company, the Company shall deliver to the Acquirer a schedule certified by the Chief Executive

Officer of the Company on behalf of the Company setting forth such items required to be included in the Spreadsheet, as of such date (the

“Signing Spreadsheet”). Pursuant to Section ‎7.5, the Company shall deliver the Spreadsheet

to Acquirer not later than five (5) Business Days prior to the Closing Date, certified by the Chief Executive Officer of the Company on

behalf of the Company, dated as of the Closing Date.

(b) Not

less than two (2) Business Days prior to the anticipated Closing Date, Acquirer shall notify the Company in the event that it disputes

in good faith any aspect of the Spreadsheet, it being understood and agreed that any failure to do so with respect to any particular aspect

shall not prejudice in any way Acquirer’s rights following Closing. Prior to the Closing Date, the Company and Acquirer shall negotiate

in good faith to resolve any such dispute with respect to Acquirer’s comments on the Spreadsheet. If Acquirer and the Company reach

agreement on all such disputes, then Acquirer and the Company shall proceed to the Closing, and the Spreadsheet that reflects such agreements

shall serve as the Spreadsheet pursuant to Section ‎7.5. If Acquirer and the Company do

not reach agreement on all such disputes, then the Company shall have the right to cause the parties to proceed to the Closing, with the

amount in disagreement (the “Adjustment Escrow Amount”) deposited in escrow, such that Acquirer shall deduct

and withhold the aggregate number of shares of Acquirer Common Stock otherwise deliverable to each Company Shareholder pursuant to Section

‎‎1.1(a), on the Closing Date, as is equal to the quotient of (i) such Company Shareholder’s Pro Rata Share of the Adjustment

Escrow Amount divided by (ii) the Acquirer Stock PPS, rounded up to the nearest whole share (the aggregate cash amount resulting

from any sale by the Paying Agent on behalf of the Company Shareholders of such shares of Acquirer Common Stock, together with any interest

that may be earned thereon, collectively, the “Adjustment Escrow Fund”), and shall deposit (or cause to be deposited)

the Adjustment Escrow Fund with the Paying Agent, for further distribution to the Escrow Agent, and the Spreadsheet shall serve as the

Spreadsheet pursuant to Section ‎7.5. If, after delivery of the Spreadsheet, but

prior to the Closing, there shall be a change in any component thereof, the Company shall update the Adjustment Calculations (as defined

below) and the Spreadsheet, accordingly.

8

(c) Within

90 days after the Closing, Acquirer shall deliver to the Shareholders’ Agent a notice (the “Acquirer Adjustments Notice”)

setting forth Acquirer’s calculation (collectively, the “Adjustment Calculations”) of Company Cash, Company

Debt, Transaction Expenses and the Closing Net Working Capital Adjustment and the amount by which Company Cash, Company Debt, Transaction

Expenses or Company Net Working Capital as calculated by Acquirer is more or less than Estimated Company Cash, Estimated Company Debt,

Estimated Transaction Expenses or the Estimated Closing Net Working Capital Adjustment, in each case together with supporting documentation,

information and calculations.

(d) The

Shareholders’ Agent, after receiving any relevant information which it may reasonably request, may object to any item of the Adjustment

Calculations set forth in the Acquirer Adjustments Notice by providing written notice of such objection to Acquirer within 30 days after

Acquirer’s delivery of the Acquirer Adjustments Notice (the “Notice of Objection”), together with supporting

documentation, information and calculations. Any matters not expressly set forth in the Notice of Objection shall be deemed to have been

accepted by the Shareholders’ Agent on behalf of the Indemnifying Parties, and if the Shareholders’ Agent fails to deliver

a Notice of Objection within such 30 day period, then the Shareholders’ Agent shall be deemed to have accepted the Acquirer Adjustments

Notice, and the Adjustment Calculations set forth in the Acquirer Adjustments Notice shall be deemed to have been accepted by the Shareholders’

Agent on behalf of the Indemnifying Parties and final, binding and conclusive for purposes of this Agreement.

(e) If

the Shareholders’ Agent timely provides the Notice of Objection, then Acquirer and the Shareholders’ Agent shall confer in

good faith for a period of up to 15 Business Days following delivery of the Notice of Objection in an attempt to resolve any disputed

matter set forth in the Notice of Objection, and any resolution by them shall be in writing and shall be final and binding on the parties

hereto and the Indemnifying Parties.

(f) If,

after the 15 Business Day period set forth in Section ‎1.5(e), Acquirer and the Shareholders’ Agent cannot resolve any

matter set forth in the Notice of Objection, then Acquirer and the Shareholders’ Agent shall engage EY Israel or, if such firm is

not able or willing to so act, another internationally recognized auditing firm acceptable to both Acquirer and the Shareholders’

Agent and independent of both the Company and Acquirer, and in the absence of agreement, either party may request that the Israeli Arbitration

Association shall nominate such independent accounting firm, provided that under no circumstances shall such accounting firm be the Company’s

or Purchaser’s accounting firm immediately prior to such time (the “Reviewing Accountant”) to review only

the matters in the Notice of Objection that are still disputed by Acquirer and the Shareholders’ Agent (the “Disputed

Items”). The Reviewing Accountant shall base its review solely on the presentations (including by way of a frontal meeting)

and supporting material provided by the parties and not on an independent review. Neither Acquirer nor the Shareholders’ Agent shall

have any ex parte communication or meetings related hereto with the Reviewing Accountant without receiving the prior written consent of

the other party. After its review, the Reviewing Accountant shall promptly (and in any event within 60 days following its engagement)

determine the resolution of the Disputed Items, which determination shall be final and binding on the parties hereto and the Indemnifying

Parties, and the Reviewing Accountant shall provide Acquirer and the Shareholders’ Agent with a calculation of the Disputed Items

and a reasonable basis for each of its determinations, which determinations shall be within the range of the amounts for each of the Disputed

Items as included in the Acquirer Adjustments Notice and the Objection Notice, such that in making such calculation of the Disputed Items,

the Reviewing Accountant shall not assign a value greater than the greatest value claimed by Acquirer or the Shareholders’ Agent

or a value lower than the lowest value claimed thereby.

9

(g) For

purposes of calculating the purchase price adjustments, the following terms shall apply: (i) the “Final Closing Net Working

Capital Adjustment” shall mean the Closing Net Working Capital Adjustment as finally determined pursuant to Section ‎1.5(d),

Section ‎1.5(e) and/or Section ‎1.5(f), as the case may be, (ii) the “Final Company Cash”

shall mean the Company Cash as finally determined pursuant to Section ‎1.5(d), Section ‎1.5(e) and/or Section ‎1.5(f),

as the case may be, (iii) the “Final Company Debt” shall mean the Company Debt as finally determined pursuant

to Section ‎1.5(d), Section ‎1.5(e) and/or Section ‎1.5(f), as the case may be, (iv) the “Final

Transaction Expenses” shall mean the Transaction Expenses as finally determined pursuant to Section ‎1.5(d),

Section ‎1.5(e) and/or Section ‎1.5(f), as the case may be, (v) the “Estimated Closing Net Working

Capital Adjustment” shall mean the Closing Net Working Capital Adjustment as set forth in the Spreadsheet, (vi) the “Estimated

Company Cash” shall mean the Company Cash as set forth in the Spreadsheet, (vii) the “Estimated Company Debt”

shall mean the Company Debt as set forth in the Spreadsheet and (viii) the “Estimated Transaction Expenses”

shall mean the Transaction Expenses as set forth in the Spreadsheet.

(h) If

the Final Base Stock Consideration is less than the Base Stock Consideration (such difference, the “Deficit Amount”),

then within two (2) Business Days of final determination of the Final Base Stock Consideration and without any dispute by the parties

hereto, (x) if there shall be an Adjustment Escrow Fund, the Escrow Agent shall, upon Acquirer’s direction, immediately deliver

from the Adjustment Escrow Fund to Acquirer the amount of the lower of the Deficit Amount or the Adjustment Escrow Fund; provided that

if the Adjustment Escrow Fund exceeds the Deficit Amount, then the balance shall be released to the Paying Agent for further distribution

to the Company Shareholders; or (y) if there shall not be an Adjustment Escrow Fund or if the funds in the Adjustment Escrow Fund are

insufficient to pay the full Deficit Amount to Acquirer, the Escrow Agent shall, upon Acquirer’s direction, immediately deliver

from the Escrow Fund to Acquirer the difference between the Deficit Amount and the Adjustment Escrow Amount or the Deficit Amount, as

applicable; provided that if the funds in the Escrow Fund are insufficient to pay the full Deficit Amount to Acquirer, Acquirer shall

be indemnified for the full amount of such shortfall by the Indemnifying Parties in accordance with each such Indemnifying Party’s

Pro Rata Share, in any such case by wire transfer of immediately available funds and without any dispute by the Shareholders’ Agent

or Indemnifying Parties. In any event, Acquirer shall not be entitled to offset any Deficit Amount from the Base Stock Consideration Payments.

(i) If

the Final Base Stock Consideration is greater than the Base Stock Consideration (such difference, the “Excess Amount”),

then within two (2) Business Days of final determination of the Final Base Stock Consideration and without any dispute by the parties

hereto, (x) if there shall be an Adjustment Escrow Fund, the Escrow Agent shall immediately deliver the full Adjustment Escrow Fund to

the Paying Agent for further distribution to the Company Shareholders, and in addition the Excess Amount shall be paid, by way of issuance

of Acquirer Common Stock valued at the closing price of Acquirer Common Stock on Nasdaq on the Trading Day immediately prior to the date

of actual payment, to the Paying Agent for further distribution to the Company Shareholders; or (y) if there shall not be an Adjustment

Escrow Fund, then the Excess Amount shall be paid, by way of issuance of Acquirer Common Stock valued at the closing price of Acquirer

Common Stock on Nasdaq on the Trading Day immediately prior to the date of actual payment, to the Paying Agent for further distribution

to the Company Shareholders.

(j) If

the Final Base Stock Consideration is equal to the Base Stock Consideration, then there will be no additional adjustments.

10

(k) The

fees, costs and expenses, if any, of the Reviewing Accountant shall be paid pro rata by Acquirer on the one hand and by the Shareholders’

Agent on the other hand on behalf of the Company Shareholders based on the inverse of the percentage that the Reviewing Accountant’s

determination (before such allocation) bears to the total amount of the total items in dispute as originally submitted to the Reviewing

Accountant.

(l) Any

adjustment hereunder shall be treated as an adjustment to the portion of the Aggregate Consideration payable at Closing for Tax purposes,

unless otherwise required by Applicable Law.

1.6 Transfer

Taxes. All transfer, documentary, sales, use, stamp, registration and other Taxes and fees (including any penalties and

interest) that apply to the Company Shareholders and become payable in connection with the transactions contemplated by this

Agreement (“Transfer Taxes”) shall be borne by the Company Shareholders. The party required by Applicable

Law to file any Tax Return with respect to Transfer Taxes shall do so in the time and manner prescribed by Applicable Law.

1.7 Taking of

Necessary Action; Further Action. Prior to the Closing, Acquirer, the Company and each Company Shareholder, as applicable, shall

sign and deliver any documents and instruments and take any further action that is necessary or desirable to effect the Closing and

to carry out the purposes of this Agreement and to vest Acquirer, with full right, title and interest in and to the Company Shares.

If, at any time after the Closing, any further action is necessary or desirable to carry out the purposes of this Agreement and to

vest the Company or Acquirer, with full right, title and interest in, to and under, and/or possession of, all assets, property,

rights, privileges, powers and franchises of the Company and its Subsidiaries, the officers and directors of the Company and

Acquirer are fully authorized, in the name and on behalf of the Company and its Subsidiaries or otherwise, to take all lawful action

reasonably necessary or desirable to accomplish such purpose or acts, so long as such action is not inconsistent with this

Agreement.

1.8 Waiver

and Release of Claims.

(a) Effective

for all purposes as of and subject to the Closing, each Company Shareholder, severally and not jointly with any other Company Shareholder,

acknowledges and agrees on behalf of itself and each of its agents, trustees, beneficiaries, directors, officers, Affiliates, estate,

successors and assigns (each, a “Releasing Party”) that each hereby releases and forever discharges the Company,

each Company Shareholder and Acquirer (each a “Beneficiary”) and each of such Beneficiary’s respective

subsidiaries, affiliates, directors, officers, employees, representatives, agents, members, stockholders, successors, predecessors and

assigns (each, a “Released Party” and collectively, the “Released Parties”) from any

and all Shareholder Claims such Releasing Party may have or assert against any of the Released Parties, from the beginning of time through

the time of the Closing and following the Closing, in each case whether known or unknown, or whether or not the facts that could give

rise to or support a Shareholder Claim are known or should have been known; except with regard to its rights pursuant to this Agreement,

the other Transaction Documents and the Transactions. In this Agreement a “Shareholder Claim” shall mean any

claims, suits, demands, causes of action, cross-claims, counter claims, compensatory damages, liquidated damages, punitive or exemplary

damages, other damages, contracts, covenants, obligations, debts, costs, expenses, attorneys’ fees and liabilities claim or other

rights, of whatever kind or nature, in law or in equity, by statute or otherwise, related to the Company or the Transactions, (A) including:

(i) with regard to any Company Securities other than the Company Securities set forth in the Spreadsheet with respect to such Person,

(ii) to receive any portion of the Aggregate Consideration or any other form, amount or value of consideration payable to any Company

Shareholder pursuant to the terms of this Agreement, other than as specifically set forth in the Spreadsheet (subject to any adjustments

contemplated in this Agreement), (iii) with respect to the authority or enforceability to enter into this Agreement, the Share Purchase

or any of the Transactions, or (iv) any bonuses payable with respect to any period prior to the Closing, but (B) specifically excluding

(i) Acquirer’s failure to pay the Aggregate Consideration in accordance with and subject to the provisions of this Agreement (subject

to any adjustments contemplated in this Agreement) or other breach by Acquirer and/or any Released Party (other than the Company or its

Subsidiaries or their respective directors) of this Agreement or any of the other Transaction Documents, (ii) rights relating to any employment

payment, including salary, accrued vacation, any other employee compensation and/or benefits, any amounts set forth in this Agreement

to be paid to such Releasing Party and unreimbursed expenses (provided all such salary and other payments shall be only in the ordinary

course of business or otherwise specified in the Company Disclosure Schedule), and (iii) the exercise of rights under the Company’s

D&O insurance policy.

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(b) Each

Company Shareholder hereby confirms, acknowledges, represents and warrants that he, she or it: (A) (i) is, or will be immediately prior

to the Closing, the holder of the number of Company Securities set forth in the Spreadsheet; (ii) other than the number and class of Company

Securities set forth in the Spreadsheet, is not entitled to any additional Company Shares or any other form of Equity Interests, including,

shares, options, warrants or any other convertible security, or right to acquire shares, options or warrants of or any other convertible

security into Company Shares; (iii) waives any right to receive any additional Company Securities (as a result of any anti-dilution rights,

preemptive rights, conversion rights (of any of the Company Shares which are outstanding as of the Agreement Date or any Company Shares

he, she or it may have been entitled to receive as a result of the conversion of any option, right, convertible loan agreement or any

other convertible instrument that was issued by the Company), rights of first offer, co-sale and no-sale rights, any other participation,

first refusal or similar rights, any adjustment of the conversion price of any preferred share whatsoever or otherwise); and (iv) fully,

finally, irrevocably and forever waives any right to convert any of its Company Securities into any other class or series of Company Shares

presently and through the Closing; (B) (i) examined the Spreadsheet and is entitled only to the distribution set forth in the Spreadsheet

(subject to any changes and adjustments contemplated in this Agreement); and (ii) waives any right to receive consideration other than

as set forth in the Spreadsheet (subject to any adjustments contemplated in this Agreement) (including for any interest payments, the

method of determination or calculation of any of the values or allocations pursuant to this Agreement, any preferential or other amount

resulting from its investment in the Company or the purchase of Company Securities (e.g. in the form of indemnification), the conversion

of Company Shares, any other rights of any nature under the Charter Documents, or any Shareholders Agreement, which the Company Shareholder

and/or its successors and assignees ever had, now have or hereafter can, shall or may have, at any time, due to actions or events that

occurred prior to Closing which do not conform or are not consistent with the terms of this Agreement and the consideration attributed

to such Company Shareholder in the Spreadsheet); (C) hereby terminates and waives any rights, powers and privileges such Company Shareholder

has or may have pursuant to any investors rights agreement, registration rights agreement or shareholders agreement entered into by such

Company Shareholder with respect to the Company (each, a “Shareholders Agreement”) or any right to make a claim

or demand for any discrepancy between any Shareholders Agreement, share purchase agreement or convertible loan agreement such Company

Shareholder and the provisions of this Agreement and his, her or its entitlement pursuant to such agreements; (D) for as long as this

Agreement is in force agrees not to sell, transfer, assign or convert any of its Company Securities (except as contemplated by Section

1.2(d)), or subject such Company Securities to any Encumbrances, except pursuant to a transfer request of Company Securities provided

to the Company and Acquirer prior to the Agreement Date; and (E) has not heretofore assigned or transferred, or purported to have

assigned or transferred, to any corporation (or any other legal entity) or person whatsoever, any claim, debt, liability, demand, obligation,

cost, expense, action or cause of action, cross-claims, counter claims, compensatory damages, liquidated damages, punitive or exemplary

damages, or other damages herein released.

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(c) Notwithstanding

anything to the contrary, (i) the foregoing releases are conditioned upon the consummation of the Closing and shall become null and void,

and shall have no effect whatsoever, without any action on the part of any Person, upon termination of this Agreement in accordance with

its terms; and (ii) should any portion or provision of this release (including, without limitation, any portion or provision of any section

of this release) be found, held, declared, determined, or deemed by any court of competent jurisdiction to be void, illegal, invalid or

unenforceable under any Applicable Law, (a) the legality, validity, and enforceability of the remaining portions and provisions will not

be affected and (b) the parties hereto shall use all reasonable efforts to replace such void, illegal, invalid or unenforceable portion

or provision with a valid and enforceable portion or provision that shall achieve, to the greatest extent possible, the economic, business

and other purposes of such void, illegal, invalid or unenforceable portion or provision (and if not possible, the illegal, invalid, or

unenforceable portion or provision will be deemed not to be a part of this release).

1.9 Acquirer Common

Stock.

(a) Without

derogating in any manner from the obligations of Acquirer in connection with the issuance of Acquirer Common Stock, where applicable,

any Acquirer Common Stock issued hereunder, if any, shall be issued in book-entry form and shall bear the following legend:

THE SHARES OF COMMON

STOCK REPRESENTED BY THIS CERTIFICATE MAY NOT BE OFFERED, SOLD OR OTHERWISE TRANSFERRED, PLEDGED OR HYPOTHECATED UNLESS AND UNTIL (I)

SUCH OFFER, SALE, TRANSFER, PLEDGE OR HYPOTHECATION HAS BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “ACT”)

OR (II) THE ISSUER OF THE SHARES HAS RECEIVED AN OPINION OF COUNSEL IN FORM AND SUBSTANCE REASONABLY SATISFACTORY TO THE ISSUER THAT SUCH

OFFER, SALE OR TRANSFER, PLEDGE OR HYPOTHECATION IS IN COMPLIANCE WITH THE ACT OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS THEREOF.IN

ADDITION, THE RIGHT TO SELL THE SHARES OF COMMON STOCK REPRESENTED BY THIS CERTIFICATE IS SUBJECT TO A REGISTRATION RIGHTS AGREEMENT,

A COPY OF WHICH IS ON FILE AT THE ISSUER’S PRINCIPAL PLACE OF BUSINESS

(b) Exchange

Procedures. Notwithstanding any other provision in this Agreement, (i) the aggregate Acquirer Common Stock to be issued in connection

with the transactions contemplated hereunder shall not exceed 19.99% of the outstanding Common Stock on the execution date of this Agreement

and any portion of the Aggregate Consideration exceeding 19.99% shall instead be paid in Substitute Cash Consideration; (ii) in no event

shall Acquirer be required to issue any shares of Acquirer Common Stock, if recipient does not qualify as either an Accredited Investor

or a non-US person to the Acquirer’s satisfaction in its sole determination; and (iii) no fraction of a share of Acquirer Common

Stock shall be issued in connection with the transactions contemplated hereunder, and there shall not be any cash payments made under

this Agreement in lieu of fractional shares; the aggregate number of shares of Acquirer Common Stock issuable hereunder shall be rounded

down to the nearest whole share after aggregating all fractional Base Stock Consideration payable to each Company Shareholder on the Closing

Date or the respective Payment Date.

(c) Legend

Removal. Upon the requests of the Company Shareholders, Acquirer shall cause the transfer agent to remove the legend set forth above

from the Acquirer Common Stock in connection with resales made pursuant to the Registration Rights Agreement and in any event upon the

twelve month anniversary of the Closing Date. As set forth in the Registration Rights Agreement, Acquirer agrees to make further direction

to its legal counsel and transfer agent as necessary for such issuance of an opinion regarding the removal of the legend in order to facilitate

the foregoing.

13

Article

II

Earn-Out

2.1 Earn-Out

Definitions. The following terms used herein have the following definitions:

(a) “Actual

New Orders Amount” means the aggregate amount, without duplication, of New Orders received by the Company and its Subsidiaries

during the Earn-Out Period. The Actual New Orders Amount shall be calculated in U.S. dollars, regardless of the currency in which the

New Orders are denominated, based on the applicable exchange rate used in Acquirer’s books. For the avoidance of doubt, the calculation

of the Actual New Orders Amount shall give effect to any actual and quantified reductions attributable to product returns, de-booking,

warranty claims refunds, or customer credits.

(b) “Earn-Out

Report” means a report indicating the Actual New Orders Amount for the Earn-Out Period, and shall include: (i) notice to

the Shareholders’ Agent of whether the Company Shareholders are entitled to an Earn-Out Payment, and if they are so entitled, the

amount of Earn-Out Payment; (ii) such data and documentation as may be reasonably required to support Acquirer’s calculation of

the Actual New Orders Amount and any Earn-Out Payment; and (iii) a list of any Customer Orders received during the Earn-Out Period that

Acquirer determined do not qualify as New Orders and a reasonably detailed explanation of the basis for such determination.

(c) “New

Order” means a bona fide, arm’s-length customer order, contract, statement of work, purchase order, or other binding

commitment for the Company’s and its Subsidiaries products or services that: (w) specifies delivery, performance, installation or

acceptance dates for receipt by the customer of the applicable products or services, or with respect to services, completion date(s) or

service periods, (x) has been fully executed or duly issued by the customer and duly accepted by the Company in accordance with ordinary

course contracting procedures; (y) identifies the customer, the specific products or services to be provided, and all material commercial

terms, including pricing and payment terms; and (z) creates a present, legally enforceable obligation on the part of the customer to pay

the applicable fees. For the avoidance of doubt, a New Order that had met the foregoing conditions but that shall have subsequently, during

the Earn-Out Period, in respect of all or any portion of such New Order, ceased to meet these conditions (e.g., due to a termination of

the New Order or any portion thereof occurring during the Earn-Out Period) shall not constitute a New Order hereunder. Conversely, an

order that did not meet the foregoing conditions but subsequently, the Company or its Subsidiaries have made the sale, the actual amount

collected shall be considered a New Order hereunder and taken into account in the calculation of “Actual New Orders Amount”.

A New Order shall be counted

only at the net contract value of such binding commitment that is reasonably expected to be collected or that has been collected, and

shall exclude any amounts attributable to taxes, shipping, pass-through expenses optional amounts or variable usage amounts, in each case

not contractually committed, and any other amounts that are not fixed as of the date of booking, provided however that to the extent such

excluded amounts become contractually committed following the date of booking, such amounts shall be added to the Actual New Order Amount.

14

No non-binding proposal, quote,

pipeline opportunity, forecasted sale, memorandum of understanding, letter of intent, or any transaction entered into primarily to accelerate,

pull forward, or inflate achievement of the Earn-Out shall constitute a New Order.

2.2 Subject

to the terms and conditions herein and in Schedule 2.2(a) attached hereto (the “Earn-Out Schedule”),

Acquirer shall pay up to an amount of US $60,000,000 to the Paying Agent, for further disbursement to the Company Shareholders, at such

time and in accordance with the procedures set forth in this ‎Article II, an amount, if

any, calculated in accordance with the terms of the Earn-Out Schedule (the “Earn-Out”), and, subject to the

terms of the Earn-Out Schedule, shall allocate to the Retention Participants equity-based awards having an aggregate value of US $5,000,000.

Capitalized terms used in this Agreement but defined in the Earn-Out Schedule shall have the respective meanings given to them in the

Earn-Out Schedule.

2.3 Delivery

of Earn-Out Report; Determination of Earn-Out Payment. The procedures for the determination, calculation and payment of the Earn-Out

Payment shall be as follows:

(a) Within

30 days from the end of the Earn-Out Period, Acquirer shall deliver the Earn-Out Report to the Shareholders’ Agent, along with documents

reasonably necessary for determination thereof, provided that Acquirer shall not be required to disclose any information with respect

to which disclosure is prohibited in accordance with the provisions of any applicable Law or Order, and Acquirer shall be permitted to

redact or otherwise refrain from disclosing any such information. The Company’s CEO shall provide a report to the Shareholders’

Agent and Acquirer at the end of each one-year anniversary of the Closing Date specifying the Actual New Orders Amount as estimated by

the CEO as of each such date, which shall not be determinative of the Earn-Out (“Interim Report”), and if Ofer Yarden is no

longer serving as the Company’s CEO, then as of the date on which he ceases to be in

such capacity and until the lapse of the Earn-Out Period, the Acquirer shall provide the Shareholders’ Agent with an Interim

Report on a quarterly basis together with documents reasonably necessary for determination of the Actual New Orders Amount, provided

that Acquirer shall not be required to disclose any information with respect to which disclosure is prohibited in accordance with the

provisions of any applicable Contract, Law or Order, and Acquirer shall be permitted to redact or otherwise refrain from disclosing any

such information.

(b) The

Shareholders’ Agent may object, in good faith, to the determination in the Earn-Out Report by providing written notice to that effect

to Acquirer within 30 days after the delivery of the Earn-Out Report, which notice will set forth in reasonable detail the basis for such

objection and the amount in dispute (the “Earn-Out Report Objection Notice”).

(c) If

the Earn-Out Report Objection Notice is not delivered within the said 30-day period, then the calculation of the Earn-Out Payment as set

forth in the Earn-Out Report shall be deemed finally determined and shall be final and binding on the parties for all purposes.

(d) If

the Shareholders’ Agent timely delivers the Earn-Out Report Objection Notice, then Acquirer and the Shareholders’ Agent shall

use reasonable efforts and attempt in good faith to resolve the objection as to the computation of the Earn-Out Payment during a further

20-day period (the “Resolution Period”), and if it is so resolved, the Earn-Out Payment shall be modified as

necessary to reflect such resolution. The resolution so agreed shall be final and binding on the parties for all purposes.

(e) If

Acquirer and the Shareholders’ Agent are unable to resolve the objection until the end of the Resolution Period or such longer period

as Acquirer and the Shareholders’ Agent shall agree to, then the provisions of Section ‎1.5(f)

shall apply, mutatis mutandis, and the determination of the Reviewing Accountant shall be final and binding on the parties for

all purposes.

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2.4 Subject

to the provisions of this Agreement, the Earn-Out Payment, if any, shall be paid, without interest, to the Paying Agent, for further disbursement

to the Company Shareholders, on the first business day of the first calendar month on which at least 30 days shall have elapsed from the

final determination of the Earn-Out Payment pursuant to Section ‎2.3 hereof (the “Earn-Out Payment Date”).

2.5 Earn-Out

Period Covenants. During the Earn-Out Period:

(a) Acquirer

shall enable the Company to be operated in good faith and in all material respects consistent with past practice and shall not take (or

omit to take) actions primarily intended to prevent, reduce or defer achievement or payment of the Earn-Out.

(b) Acquirer

shall enable the Company to operate pursuant to the Company’s budget and business plan, as

may be amended, and based on the principles specified in Schedule ‎2.5.

(c)

If, during the Earn-Out Period, there is a sale of the Company (including by way of an asset sale of the Company’s assets), the

new controlling shareholder following such sale shall be bound to honor the Earn-Out provisions set forth in this ‎Article II and

the related undertakings contained herein, and Acquirer shall guarantee the payment obligations of such new controlling shareholder in

respect thereof. In the event that Acquirer executes a binding definitive agreement for the sale of the Company during the Earn-Out

Period, Acquirer shall provide the Shareholders’ Agent written notice prior to Acquirer’s execution of such agreement.

Article

III

Representations and Warranties of the Company

Subject to the disclosures

set forth in the disclosure letter of the Company delivered to Acquirer concurrently with the execution of this Agreement (the “Company

Disclosure Letter”) (each of which disclosures, in order to be effective, shall clearly indicate the Section and, if

applicable, the Subsection of this ‎Article III to which it relates (unless and only to the extent the relevance to other

representations and warranties is readily apparent from the actual text of the disclosures without any reference to extrinsic documentation

or any independent knowledge on the part of the reader regarding the matter disclosed), and each of which disclosures shall also be deemed

to be representations and warranties made by the Company to Acquirer under this ‎Article III), the Company represents and warrants

to Acquirer as follows (and any reference to the Company’s Subsidiary shall be deemed reference to each of the Company’s Subsidiaries,

as applicable):

3.1 Organization,

Standing, Power and Subsidiary.

(a) The

Company and its Subsidiary are corporations duly organized, validly existing and in good standing under the laws of their jurisdiction

of organization, and the Company is not registered by the Israeli Registrar of Companies as a “violating company” as such

term is defined under Section 362a of the Israeli Companies Law, and it has not received any notice or warning concerning any intention

of the Israeli Registrar of Companies to declare that the Company is a “violating company”. Each of the Company and its Subsidiary

has the corporate power to own, operate, use, distribute and lease its properties and to conduct the Business and is duly licensed or

qualified to do business and is in good standing in each jurisdiction where the failure to be so qualified or in good standing, individually

or in the aggregate with any such other failures, would reasonably be expected to have a Material Adverse Effect with respect to the Company

and its Subsidiary taken as a whole. Except as set forth in Schedule ‎3.1‎(a) of the Company Disclosure Letter, the Company

and its Subsidiary, since their applicable inception, have had no Equity Interest, whether direct or indirect, in, or any loans to, any

corporation, partnership, limited liability company, joint venture or other business entity (other than with respect to the Company’s

holding of Equity Interests in the Subsidiary). There are no outstanding and currently effective powers of attorneys executed by or on

behalf of the Company or its Subsidiary (except, in the case of the Subsidiary, in favor of the Company). The Company has made available

to Acquirer accurate and complete copies of the Charter Documents of the Company and the organizational documents of its Subsidiary, as

amended to date and currently in effect, which documents are in full force and effect, and neither the Company nor its Subsidiary is,

in any material respect, in default under or in violation of any provisions thereof. There are no entities that have been merged into

or otherwise are predecessors of the Company or its Subsidiary. The Acquired Companies are not qualified to do business in any jurisdiction

other than Israel.

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(b) Schedule

‎3.1(b) of the Company Disclosure Letter sets forth a true, correct and complete list of: (i) the names of the members of the

Board and the board of directors (or similar body) of the Subsidiary, (ii) the names of the members of each committee of the Board and

the board of directors (or similar body) of the Subsidiary, and (iii) the names and titles of the officers of each of the Company and

its Subsidiary.

(c) Except

as set forth in Schedule ‎3.1‎(c) of the Company Disclosure Letter, neither the Company nor the Subsidiary has conducted

any business under or otherwise used, for any purpose or in any jurisdiction, any fictitious name, assumed name, business name or other

name, other than (i) its corporate name as set forth in this Agreement, or (ii) any of its trademarks listed on Schedule ‎‎3.10‎(d)

of the Company Disclosure Letter. For the avoidance of doubt, a change of the corporate name of the Company or its Subsidiary duly registered

with the Israeli Registrar of Companies shall not constitute the use of a fictitious name, assumed name or other name for purposes of

this Section ‎‎3.1(c).

(d) Neither

the Company nor any Subsidiary is, or has ever been, bankrupt or insolvent, and has not proposed a voluntary arrangement or made or proposed

any arrangement or composition with such Company’s or Subsidiary’s creditors or any class of such creditors, and no petition

in respect of any such arrangement or composition has been presented. The consummation of the Share Purchase and the other Transactions

shall not constitute a fraudulent transfer by the Company or the Subsidiary under applicable bankruptcy and other similar laws relating

to bankruptcy and insolvency. Neither the Company nor any of its shareholders has ever approved or commenced any proceeding or made any

election contemplating the dissolution or liquidation of the Company or the Subsidiary or the winding up or cessation of the business

or affairs of the Company or the Subsidiary.

3.2 Capital

Structure.

(a) The

authorized share capital of the Company consists solely of 38,000 Company Shares, and 13,592 Company Shares, are issued and outstanding

as of the Agreement Date (4,068 of which are dormant shares, as defined in the Israeli Companies Law, held by the Company). Except as

set forth in Schedule ‎3.2‎(a) of the Company Disclosure Letter, there are no (i) other issued and outstanding shares of

Company Shares and no commitments or Contracts to issue any shares of Company Shares, or (ii) any outstanding securities constituting

any Equity Interest of the Company or any commitments or Contracts to issue any such Equity Interest. There are no outstanding Company

Options. Except as set forth in Schedule ‎3.2‎(a) of the Company Disclosure Letter, neither the Company nor its Subsidiary

holds any treasury shares. Schedule ‎3.2(a) of the Company Disclosure Letter sets forth, as of the Agreement Date, a true,

correct and complete list of the Company Shareholders that are the registered owners of any Company Shares and the number and type of

such shares so owned by such Company Shareholder and any beneficial holders thereof, if applicable. All issued and outstanding shares

of Company Shares are duly authorized, validly issued, fully paid and non-assessable and are free of any Encumbrances, outstanding subscriptions,

preemptive rights or “put” or “call” rights created by statute, the Charter Documents or any Contract to which

the Company or its Subsidiary is a party or by which the Company or its Subsidiary or any of their respective assets are bound.

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(b) Except

as set forth in Schedule ‎3.2‎(b) of the Company Disclosure Letter, neither the Company nor any Subsidiary has ever declared

or paid any dividends on any shares of Company Shares. There is no Liability for dividends accrued and unpaid by the Company or its Subsidiary.

All issued and outstanding shares of Company Shares were issued in compliance with all Applicable Law and all requirements set forth in

the Charter Documents, the Company Option Plan and any applicable Contracts to which the Company or its Subsidiary is a party or by which

the Company or its Subsidiary or any of their respective assets are bound.

(c) Except

for the Company Option Plan, neither the Company nor any Subsidiary has ever adopted, sponsored or maintained any share option plan or

any other plan or Contract providing for equity-related compensation to any Person (whether payable in shares, cash or otherwise). The

Company Option Plan has been duly authorized, approved and adopted by the Board and the Company Shareholders and is in full force and

effect. There are no promises or commitments of any options or other equity or equity-based awards with respect to Company Shares or other

equity securities of the Company or its Subsidiary, whether or not such promises are contingent on performance or other factors, which

options or other awards have not been granted as of the date of this Agreement.

(d) Schedule

‎3.2(d) of the Company Disclosure Letter accurately sets forth, as of the date of this Agreement, and the Spreadsheet will accurately

set forth, as of immediately prior to the Closing, with respect to each Company Option: (i) the name of the holder of such Company Option,

(ii) the exercise price per share thereof, (iii) the number of Company Shares covered thereby, (iv) the date of grant and vesting schedule

(including any applicable performance-based vesting conditions) thereof, (v) the extent for which it is vested as of the date hereof,

(vi) whether the exercisability thereof is to be accelerated in any manner as a result of the transactions contemplated by this Agreement

or any other events, (vii) the expiration date thereof, and (viii) whether such Company Option is an incentive stock option (as defined

in Section 422 of the Code) or a nonqualified stock option, or otherwise eligible for beneficial tax. In addition, no Company Options

were granted under the Company Option Plan to any holder who is not an employee of any Acquired Company. Each grant of a Company Option

was duly authorized no later than the date on which the grant of such Company Option was by its terms to be effective by all necessary

corporate action, including, as applicable, approval by the Board (or a duly constituted and authorized committee thereof) and any required

shareholders approval, in each case, by the necessary number of votes or written consents, and the award agreement governing any such

grant that remains outstanding was duly executed and delivered by each party thereto and is in full force and effect. Each grant of a

Company Option was made in accordance with the terms of the applicable Company Option Plan and all other applicable Law. The issuance

and vesting of each Company Option complied with the terms of the applicable Company Option Plan, all Contracts applicable to such Company

Option and all applicable legal requirements. As of the Closing, other than the right to receive consideration under this Agreement, no

former holder of a Company Option will have any rights with respect to such Company Option. True and complete copies of all agreements,

Contracts and instruments relating to or issued under the Company Option Plan have been made available to Acquirer and such agreements,

Contracts and instruments have not been amended, modified or supplemented, and there are no agreements to amend, modify or supplement

such agreements or instruments from the forms thereof made available to Acquirer. The terms of the Company Option Plan and the Contracts

evidencing the Company Options permit the treatment of Company Options as provided in this Agreement, without notice to, or without the

consent or approval of, the holders of such securities, the Company Shareholders or otherwise.

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(e) Except

as set forth in Schedule ‎‎3.2(e) of the Company Disclosure Letter, the Company has never repurchased, redeemed or otherwise

reacquired any of its Company Shares or Company Options, or other Equity Interests.

(f) As

of the Closing, (i) the number of Company Securities set forth in the Spreadsheet as being owned by a Person will constitute the entire

interest of such Person in the issued and outstanding Company Shares or any other Equity Interests of the Company, (ii) no Person not

disclosed in the Spreadsheet owns or will have a right to acquire from the Company or its Subsidiary any Company Shares, Company Options,

or any other Equity Interests of the Company or its Subsidiary and (iii) the Company Shares disclosed in the Spreadsheet will be free

and clear of any Encumbrances.

(g) Neither

the Company nor its Subsidiary owns, beneficially or otherwise, any units or other securities of, or any direct or indirect equity, voting,

beneficial ownership interest in, any other Person and neither the Company nor its Subsidiary has agreed or is obligated to make any future

investment in or capital contribution to any Person (other than with respect to the Company’s holding of Equity Interests in the

Subsidiary and any dormant shares held by the Company, in each case in accordance with applicable law).

3.3 Authority;

Non-Contravention.

(a) The

Company has all requisite corporate power and authority to enter into this Agreement and the other Transaction Documents to which it is

a party and to consummate the Transactions. The execution and delivery of this Agreement and the other Transaction Documents to which

the Company is a party and the consummation of the Transactions have been duly authorized by all necessary corporate action on the part

of the Company and its Subsidiary. Each Transaction Document to which the Company is a party has been duly executed and delivered by the

Company and, assuming the due execution and delivery of such Transaction Document by the other parties hereto, constitutes the valid and

binding obligation of the Company enforceable against the Company in accordance with its terms subject only to the effect, if any, of

(i) applicable bankruptcy and other similar Applicable Law affecting the rights of creditors generally and (ii) rules of law governing

specific performance, injunctive relief and other equitable remedies. The Board, by resolutions duly adopted (and not thereafter modified

or rescinded) by the unanimous vote of the members of the Board, has (x) approved this Agreement and approved the Share Purchase and the

other Transactions and determined that this Agreement and the Transactions, including the Share Purchase, upon the terms and subject to

the conditions set forth herein, are advisable, and in the best interests of the Company and the Company Shareholders, (y) approved this

Agreement in accordance with the provisions of Israeli Law and the Charter Documents and (z) recommended that all of the Company Shareholders

approve and execute this Agreement (the “Board Consent”). The Board Consent was made available to Acquirer prior

to the date hereof. The Shareholder Consent constitutes the only vote or approval of, or waiver by, any holder of any class or series

of Company Shares necessary to adopt and approve this Agreement, the other Transaction Documents, and the Transactions under Applicable

Laws, the Charter Documents, any Contracts by which the Company is bound and/or a party, or otherwise. The Company and its Subsidiary

and the Transactions are not, and by the passage of time or notice or both will not be, subject to, and no Person has Acquisition Rights

or, to the knowledge of the Company, other rights that could affect or threaten the Company or any Company Shareholder’s compliance

with any of the obligations under this Agreement, or any of the other Transaction Documents.

19

(b) The

execution and delivery of this Agreement and the other Transaction Documents to which the Company is a party by the Company does not,

and the consummation of the Transactions will not, (i) result in the creation of any Encumbrance, on any of the material assets of the

Company or its Subsidiary or any of the shares of Company Shares, (ii) conflict with, or result in any violation of or default under (with

or without notice or lapse of time, or both), or give rise to a right of termination, cancellation or acceleration of any obligation or

loss of any benefit under, or require any consent, approval or waiver from any Person pursuant to, (A) any provision of the Charter

Documents of the Company or its Subsidiary, in each case as amended to date, or any resolution adopted by the Company Shareholders or

Board, (B) any Contract of the Company or its Subsidiary or any Contract applicable to any of the material properties or assets of the

Company or its Subsidiary, or (C) any Applicable Law, or (iii) contravene, conflict with or result in a violation of, or give any

Governmental Entity or other Person the right to challenge any of the transactions contemplated by this Agreement or to exercise any remedy

or obtain any relief under, Israeli Law or any Order to which the Company or its Subsidiary is subject.

(c) Except

as set forth in Schedule‎‎ ‎3.3‎(c) of the Company Disclosure Letter, no consent, approval, Order or authorization

of, or registration, declaration or filing with, or notice to, any Governmental Entity or any other Person is required by or with respect

to the Company or the Subsidiary in connection with the execution and delivery of this Agreement or any other Transaction Document to

which the Company is a party or the consummation of the Transactions, except for such consents, approvals, Orders, authorizations, registrations,

declarations, filings and notices that, if not obtained or made, would not adversely affect, and would not reasonably be expected to adversely

affect, the Company’s or the Subsidiary’s ability to perform or comply with the covenants, agreements or obligations of the

Company herein or in any other Transaction Document to which the Company is a party or to consummate the Transactions in accordance with

this Agreement or any other such Transaction Document and Applicable Law.

(d) Assuming

the consents set forth in Schedule ‎3.3‎(c) of the Company Disclosure Letter are obtained, the execution and delivery of

this Agreement by the Company does not, and the consummation of the Transactions will not contravene, conflict with or result in a violation

of any of the terms or requirements of, or give any Governmental Entity the right to revoke, withdraw, suspend, cancel, terminate or modify,

any authorization from a Governmental Entity that is held by the Company or its Subsidiary that otherwise relates to the Company’s

or the Subsidiary’s Business or to any of the assets owned or used by the Company.

3.4 Financial

Statements; No Undisclosed Liabilities.

(a) The

Company has delivered to Acquirer its audited, financial statements of the Company and its Subsidiaries for the fiscal years ended December

31, 2023 and December 31, 2024, and its reviewed financial statements for the fiscal year ended December 31, 2025 (including, in each

case, balance sheets, statements of operations and statements of cash flows and notes) (collectively, the “Financial Statements”),

which are included as Schedule ‎3.4‎(a) of the Company Disclosure Letter. Except as set forth in Schedule ‎3.4‎(a)

of the Company Disclosure Letter, the Financial Statements (i) are derived from and in accordance with the books and records of

the Company and its Subsidiary, (ii) complied as to form with applicable accounting requirements with respect thereto as of their respective

dates, (iii) fairly and accurately present in all materials respects the financial condition of the Company and its Subsidiary at the

dates therein indicated and the results of operations and cash flows of the Company and its Subsidiary for the periods therein specified

(subject, in the case of unaudited interim period financial statements, to normal recurring year-end audit adjustments, none of which

individually or in the aggregate will be material in amount), (iv) were prepared in accordance with Israeli GAAP, except for the absence

of footnotes in the unaudited Financial Statements (which would not be material individually or in the aggregate if disclosed or recorded

and which are expected to be consistent with past practice), applied on a consistent basis throughout the periods involved, and (v) have

been kept accurately in the ordinary course of business consistent in all material respects with Israeli Law. To the knowledge of the

Company, no basis exists that would require, and no circumstance exists that would reasonably be expected to require, the Company to restate

any of the Financial Statements.

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(b) The

Company and each Subsidiary have in place, maintain, adhere to and enforce systems and processes (including the maintenance of proper

books and records) that (i) provide reasonable assurances regarding the reliability of financial reporting and the preparation of financial

statements (including the Financial Statements), in accordance with Israeli GAAP, and (ii) in a timely manner accumulate and communicate

to the Company’s principal executive officer and principal financial officer the type of information that would be required to be

disclosed in the Financial Statements (such systems and processes are herein referred to as the “Controls”).

Neither the Company nor the Subsidiary, nor, to the knowledge of the Company, their respective current or former employees, consultants,

officers or directors, nor the Company’s independent auditors, has identified or been made aware of any complaint, allegation, deficiency,

weakness, assertion or claim, whether written or oral, regarding the Controls or the Financial Statements. To the Knowledge of the Company,

there have been no instances of fraud, whether or not material, that occurred during any period covered by the Financial Statements. Each

of the Company and its Subsidiary has in place a revenue recognition method consistent with Israeli GAAP. The current internal operating

systems and networks (hardware and software) of the Company and its Subsidiary are adequate to conduct the business of the Company and

its Subsidiary as presently conducted without additional capital expenditures.

(c) Except

as set forth in Schedule‎ ‎3.4‎(c) of the Company Disclosure Letter, neither the Company nor any Subsidiary has any

Liabilities of any nature other than (i) those set forth or adequately provided for in the balance sheet included in the Financial Statements

as of December 31, 2025 (such date, the “Company Balance Sheet Date” and such balance sheet, the “Company

Balance Sheet”), (ii) those incurred in the conduct of the Company’s and its Subsidiary’s business since the

Company Balance Sheet Date in the ordinary course consistent with past practice, that are of the type that ordinarily recur and, individually

or in the aggregate, are not material in nature or amount and do not result from any breach of Contract, warranty, infringement, tort

or violation of Applicable Law, and (iii) those incurred by the Company and its Subsidiary in connection with the execution of this Agreement

or the Transactions, including, for the avoidance of doubt, the Transaction Expenses. Except for Liabilities reflected in the Financial

Statements and the foregoing exceptions, neither the Company nor the Subsidiary has any off-balance sheet Liability of any nature to,

or any financial interest in, any third parties or entities, the purpose or effect of which is to defer, postpone, reduce or otherwise

avoid or adjust the recording of expenses incurred by the Company and its Subsidiary. All reserves that are set forth in or reflected

in the Company Balance Sheet have been established in accordance with Israeli GAAP consistently applied and are adequate. Without limiting

the generality of the foregoing, except as set forth in Schedule ‎‎3.2(d) of the Company Disclosure Letter, neither the

Company nor the Subsidiary has ever guaranteed any debt or other obligation of any other Person.

(d) All

accounts receivable reflected in the Company Balance Sheet, or which have arisen from the conduct of the Acquired Companies’ business

since the Company Balance Sheet Date, are valid and have arisen only from bona fide, arms-length transactions entered into in the ordinary

course of business, and the accounts receivable reflected in the Company Balance Sheet are consistent with the Company’s past accounting

practices. To the knowledge of the Company, all receivables reflected in the Company Balance Sheet, or which have arisen from the conduct

of the Group Companies’ business since the Company Balance Sheet Date, are as of the date of this Agreement, not subject to defense,

offset or any counterclaim in excess of the reserves reflected in the Company Balance Sheet are and collectible in accordance with the

Company’s collection practices in the ordinary course of business consistent with past practice (except as set forth in the Company

Balance Sheet). Other than intercompany balances between the Company and the Subsidiaries and any Transaction Expenses, all accounts payable

of the Company have or will have arisen from bona fide arm’s length transactions in the ordinary course of business. The Company

and each Subsidiary pays its accounts payable in the ordinary course of its business.

21

(e) Schedule

‎3.4(e) of the Company Disclosure Letter sets forth a true, correct and complete list of all Company Debt, including, for each

such Liability, the agreement governing such Liability and the interest rate, maturity date, and any assets securing such Liability.

(f) Schedule

‎3.4(f) of the Company Disclosure Letter sets forth the names and locations of all banks and other financial institutions at which

the Company and its Subsidiary maintain an account (whether checking, savings or otherwise), lock box or safe deposit box, and the account

numbers thereof and the names of all Persons authorized to make withdrawals therefrom.

(g) Schedule

3.4‎(g) of the Company Disclosure Letter sets forth, to the Company’s knowledge, all personal guarantees or similar undertakings,

howsoever named, covering any undertaking, liability or obligation of any Acquired Company (each, a “Personal Guarantee”).

To the Company’s knowledge, other than as set forth on Schedule 3.4‎(g), there are no Personal Guarantees with respect

to any Acquired Company.

3.5 Absence of

Changes. Since the Company Balance Sheet Date, (i) Expect as set forth in Schedule ‎3.5(i) of the Company Disclosure

Letter, the Company and each Subsidiary have conducted the Business only in the ordinary course of business consistent with past

practice, (ii) there has not occurred any Material Adverse Effect with respect to the Company and each Subsidiary and (iii) neither

the Company nor any Subsidiary has done, caused or permitted any action that would constitute a breach of Section ‎6.2 if

such action were taken by the Company or any Subsidiary, as applicable, without the written consent of Acquirer, between the

Agreement Date and the earlier of the termination of this Agreement and the Closing.

3.6 Litigation.

Except as set forth in Schedule‎ 3.6 of the Company Disclosure Letter, there is no, and there has not been since the last

seven years, any Legal Proceeding to which the Company or its Subsidiary is a party pending before any Governmental Entity, or to

the knowledge of the Company, threatened against the Company or its Subsidiary or, in each case, any of its assets or any of its

directors, officers or employees (in their capacities as such or relating to their employment, services or relationship with the

Company or its Subsidiary), and to the knowledge of the Company, there is no reasonable basis for any such Legal Proceeding. There

is no Order against the Company, or its Subsidiary, or any of their respective assets, or any of the Company’s or its

Subsidiary’s directors, officers or, to the knowledge of the Company, their employees (in their capacities as such or relating

to their employment, services or relationship with the Company or its Subsidiary). To the knowledge of the Company, there is no

reasonable basis for any Person to assert a claim against the Company or its Subsidiary or any of their respective assets or any of

the Company’s or its Subsidiary’s directors, officers or employees (in their capacities as such or relating to their

employment, services or relationship with the Company or its Subsidiary) based upon: (i) the Company or its Subsidiary entering into

this Agreement, any of the Transactions or the agreements contemplated by this Agreement, including a claim that such director,

officer or employee breached a fiduciary duty in connection therewith, (ii) any confidentiality or similar agreement entered into by

the Company or its Subsidiary regarding its assets or (iii) any claim that the Company or its Subsidiary has agreed to sell or

dispose of any of its assets to any party other than Acquirer, whether by way of merger, consolidation, sale of assets or otherwise.

Except as set forth in Schedule‎ 3.6 of the Company Disclosure Letter, neither the Company nor its Subsidiary has any Legal

Proceeding pending against any other Person.

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3.7 Restrictions

on Business Activities. Except as set forth in Schedule ‎3.7 of the Company Disclosure Letter, there is no Contract

or Order binding upon the Company or its Subsidiary that restricts or prohibits, purports to restrict or prohibit or would

reasonably be expected to restrict or prohibit the conduct or operation of the Business or, excluding restrictions on the use of

Third-Party Intellectual Property contained in the applicable written license agreement therefor, limiting the freedom of the

Company or its Subsidiary to (i) engage or participate, or compete with any other Person, in any line of business, market or

geographic area with respect to the Company Products or the Company Intellectual Property, or to make use of any Company

Intellectual Property, including any grants by the Company of exclusive rights or licenses thereto, or any Contract granting most

favored nation pricing, exclusive sales, distribution, marketing or other exclusive rights, rights of refusal, rights of first

negotiation or similar rights and/or terms to any Person, or (ii) sell, distribute or manufacture any products or services or

to purchase or otherwise obtain any software, components, parts or services.

3.8 Compliance

with Laws; Governmental Permits.

(a) The

Company and each Subsidiary have complied in all material respects with, are not in violation in any material respect of, and have not

received any notices of violation with respect to, Applicable Law.

(b) The

Company and each Subsidiary have obtained each material federal, state, county, local or foreign governmental consent, license, permit,

grant or other authorization of a Governmental Entity (i) pursuant to which the Company or its Subsidiary currently operates or holds

any interest in any of its assets or properties or (ii) that is required for the conduct of the Business or the holding of any such interest

(all of the foregoing consents, licenses, permits, grants and other authorizations, collectively, the “Company Authorizations”),

and all of the Company Authorizations are in full force and effect. Schedule ‎3.8(b) of the Company Disclosure Letter

identifies each Company Authorization, to include any licenses, registrations or filings with the U.S. Directorate of Defense Trade Controls

(DDTC), the Committee on Foreign Investment in the U.S. (CFIUS), the Israeli Defense Export Control Agency (DECA), the Israeli Ministry

of Defense (IMOD), or any other similar entities. Neither the Company nor its Subsidiary has received any notice or other communication

from any Governmental Entity regarding (x) any actual or possible violation of any Company Authorization or (y) any actual or

possible revocation, withdrawal, suspension, cancellation, termination or modification of any Company Authorization, and to the knowledge

of the Company, no such notice or other communication is forthcoming. Except as set forth in Schedule ‎3.8(b) of the Company

Disclosure Letter, the Company and its Subsidiary have materially complied with all of the terms of the Company Authorizations and none

of the Company Authorizations will be terminated or impaired, or will become terminable, in whole or in part, as a result of the consummation

of the Transactions.

(c) The

Company and its Subsidiary do not meet the criteria set forth in Section 17(a) of the Israeli Economic Competition Law, 1988 and Section

9 of the Israeli Restrictive Trade Practices Regulations (Registration, Publication and Reporting of Transactions), 2004, promulgated

thereunder, in terms of market shares (less than 50% in each market in which they operate) and annual turnover in Israel (less than NIS

22.51 million in the last completed fiscal year).

23

3.9 Title

to, Condition and Sufficiency of Assets; Real Property.

(a) Each

of the Company and its Subsidiary has good title to, or valid leasehold interest in all of its properties, and interests in properties

and assets, real and personal, reflected on the Company Balance Sheet or acquired after the Company Balance Sheet Date (except properties

and assets, or interests in properties and assets, sold or otherwise disposed of since the Company Balance Sheet Date in the ordinary

course of business consistent with past practice) (the “Company Assets”), or, with respect to leased properties

and assets, valid leasehold interests in such properties and assets that afford the Company and its Subsidiary valid leasehold possession

of the properties and assets that are the subject of such leases, in each case, free and clear of all Encumbrances, except for those set

forth in Schedule ‎‎3.9‎(a) of the Company Disclosure Letter.

(b) The

Company Assets owned or leased by each of the Company and each Subsidiary (i) constitute all of the real and personal assets and properties

that are necessary for the Company and its Subsidiary to conduct, operate and continue the conduct of the Business and to sell and otherwise

enjoy full rights to exploitation of its assets, properties and all products and services that are provided in connection with its assets

and properties and (ii) constitute all of the assets and properties that are used in the conduct of the Business, without (A) the need

for Acquirer to acquire or license any other asset, property or Intellectual Property in order to conduct, operate and continue the Business,

or (B) the breach or violation of any Contract to which the Company or its Subsidiary is a party or, in each case, by which its assets

are bound.

(c) Schedule

‎3.9(c) of the Company Disclosure Letter identifies each parcel of real property leased by the Company or its Subsidiary. The

Company has provided to Acquirer true, correct and complete copies of all leases, subleases and other agreements under which the Company

or its Subsidiary uses or occupies or has the right to use or occupy, now or in the future, any real property or facility, including all

modifications, amendments and supplements thereto. Neither the Company nor its Subsidiary currently owns any real property.

3.10 Intellectual

Property.

(a) As

used herein, the following terms have the meanings indicated below:

(i)

“AI” means artificial intelligence systems or models.

(ii) “Company

Data” means all data collected, generated, received or otherwise Processed by the Company or its Subsidiary or on their

behalf, including in connection with the marketing, delivery, or use of any Company Product, including Company-Licensed Data, Company-Owned

Data and Personal Data.

(iii) “Company

Data Agreement” means any Contract involving Company Data to which the Company or the Subsidiary is a party or is bound

by, except for the standard terms of service entered into by users of the Company Products (copies of which have been made available to

Acquirer).

(iv) “Company

Intellectual Property” means any and all Company-Owned Intellectual Property and any and all Third-Party Intellectual Property

that is licensed to, or otherwise used or held for use by, the Company or the Subsidiary.

(v) “Company

Intellectual Property Agreements” means any Contract governing any Company Intellectual Property to which the Company or

its Subsidiary is a party or bound by, except for Contracts for Off-the-Shelf Software.

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(vi) “Company-Licensed

Data” means all Company Data owned, or purported to be owned, by third parties that is Processed by the Company or the Subsidiary.

(vii) “Company-Owned

Data” means Company Data the Company or the Subsidiary owns or purports to own.

(viii) “Company-Owned

Intellectual Property” means any and all Intellectual Property that is owned or purported to be owned by the Company including

Company-Owned Data.

(ix) “Company

Privacy Policies” means, collectively, any and all (A) of the Company’s and Subsidiary’s data privacy and security

policies, whether applicable internally, or published on Company Websites or otherwise made available by the Company or the Subsidiary

to any Person, and (B) public representations (including representations on Company Websites), industry self-regulatory obligations and

commitments and Contracts with third parties relating to the Processing of Company Data applicable to the Business of the Company.

(x) “Company

Products” means all products or services produced, marketed, licensed, sold, distributed or performed by or on behalf of

the Company or its Subsidiary or currently in active development and scheduled to be commercially released within one (1) year of the

Closing Date.

(xi) “Company

Registered Intellectual Property” means the United States, Israeli, international and foreign: (A) patents and patent applications

(including provisional applications), (B) registered trademarks, applications to register trademarks, intent-to-use applications,

or other registrations or applications related to trademarks, (C) registered Internet domain names and (D) registered copyrights

and applications for copyright registration, in each case registered or filed in the name of, or owned or purported to be owned by, the

Company.

(xii) “Company

Source Code” means, collectively, any software source code or database specifications or designs, or any material proprietary

information or algorithm contained in or relating to any software source code or database specifications or designs, of any Company-Owned

Intellectual Property or Company Products, all other than Open Source Materials and Integrated Off-the-Shelf Software.

(xiii) “Company

Websites” means all web sites owned, operated or hosted by or on behalf of the Company or its Subsidiary or through which

the Company or its Subsidiary conducts the Business (including those web sites operated using the domain names listed in Schedule ‎3.10(c)

of the Company Disclosure Letter), and the underlying platforms for such web sites.

(xiv) “ICT

Infrastructure” means the information and communications technology infrastructure and systems (including software, hardware,

firmware, networks and the Company Websites) that are or have been used in the Business.

(xv) “Integrated

Off-the-Shelf Software” means generally, commercially available, off-the-shelf software or SaaS owned by a third party and

licensed to, or otherwise used or held for use by, the Company or its Subsidiary, which (A) has not been modified or customized for the

Company or its Subsidiary (except for standard integrations) and (B) is licensed for an annual fee under $30,000.

(xvi) “Intellectual

Property” means (A) Intellectual Property Rights and (B) Proprietary Information and Technology.

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(xvii) “Intellectual

Property Rights” means any and all intellectual property rights and/or proprietary rights, including any and all of the

following and all rights in, arising out of, or associated therewith, throughout the world: patents, utility models, and applications

therefor and all reissues, divisions, re-examinations, renewals, extensions, provisionals, continuations and continuations-in-part thereof

and equivalent or similar rights in inventions and discoveries anywhere in the world, including invention disclosures, common law and

statutory rights associated with trade secrets, confidential and proprietary information and know-how, industrial designs and any registrations

and applications therefor, trade names, logos, trade dress, trademarks and service marks, trademark and service mark registrations, trademark

and service mark applications and any and all goodwill associated with and symbolized by the foregoing items, Internet domain name applications

and registrations, social media accounts, Internet and World Wide Web URLs or addresses, copyrights, copyright registrations and applications

therefor and all other rights corresponding thereto, database rights, mask works, mask work registrations and applications therefor and

any equivalent or similar rights in semiconductor masks, layouts, architectures or topology, moral and economic rights of authors and

inventors, however denominated and any similar or equivalent rights to any of the foregoing, and all benefits, privileges, causes of action

and remedies relating to any of the foregoing.

(xviii) “Off-the-Shelf

Software” means generally, commercially available, off-the-shelf software or SaaS owned by a third party and licensed to,

or otherwise used or held for use by, the Company or its Subsidiary, which (A) has not been modified or customized for the Company or

its Subsidiary, (B) has not been incorporated into, or integrated or bundled with, any Company Product and (C) is licensed for an

annual fee under $25,000.

(xix) “Open

Source Materials” means (A) software or other material that is distributed as “free software,” “open source

software”, “source available” software or under similar licensing or distribution terms (including the GNU General Public

License (GPL), GNU Affero General Public License (AGPL), GNU Lesser General Public License (LGPL), Server Side Public License (SSPL),

Business Source License (BUSL), Mozilla Public License (MPL), BSD licenses, the Artistic License, the Netscape Public License, the Sun

Community Source License (SCSL) the Sun Industry Standards License (SISL) and the Apache License) or (B) any other license or other agreement

that requires, as a condition of the use, modification or distribution of software subject to such license or agreement, that such software

or other software linked with, called by, combined or distributed with such software be (1) disclosed, distributed, made available, offered,

licensed or delivered in source code form, (2) licensed for the purpose of making derivative works, (3) licensed under terms that allow

reverse engineering, reverse assembly, or disassembly of any kind, or (4) redistributable at no charge, including any license defined

as an open source license by the Open Source Initiative as set forth on www.opensource.org.

(xx) “Proprietary

Information and Technology” means any and all of the following: works of authorship, computer programs, source code and

executable code, whether embodied in software, firmware or otherwise, assemblers, applets, compilers, user interfaces, application programming

interfaces, protocols, architectures, documentation, annotations, comments, designs, files, records, schematics, test methodologies, test

vectors, emulation and simulation tools and reports, hardware development tools, models, tooling, prototypes, breadboards and other devices,

trade secrets, know-how, data, data structures, databases, data compilations and collections, inventions (whether or not patentable),

invention disclosures, discoveries, improvements, technology, proprietary and confidential ideas and information, tools, concepts, techniques,

methods, processes, formulae, patterns, algorithms and specifications, customer lists and supplier lists and any and all instantiations

or embodiments of the foregoing or any Intellectual Property Rights in any form and embodied in any media.

(xxi) “Third-Party

Intellectual Property” means any and all Intellectual Property owned by a third party.

26

(b) Status.

The Company and its Subsidiary have full title and exclusive ownership, free and clear of any Encumbrances, of, or the Company and its

Subsidiary are duly licensed under or otherwise authorized to use, all Intellectual Property necessary for the conduct of the Business.

The Company Intellectual Property collectively constitutes all of the Intellectual Property necessary for Acquirer’s conduct of

the Business without (i) the need for Acquirer to acquire or license any other intangible asset, intangible property or Intellectual Property

Right or (ii) the breach or violation of any Contracts (disregarding any obligations imposed upon the Acquirer to which the Company is

not a party). Neither the Company nor its Subsidiary has transferred ownership of, or granted any exclusive rights in, any Company Intellectual

Property to any third party. No third party has any ownership right, title, interest, or lien on any of the Company-Owned Intellectual

Property. The Company exclusively owns all Company-Owned Intellectual Property.

(c) Company

Registered Intellectual Property. Schedule ‎3.10(c) of the Company Disclosure Letter lists all Company Registered Intellectual

Property, the jurisdictions in which it has been issued or registered or in which any application for such issuance and registration has

been filed or the jurisdictions in which any other filing or recordation has been made, and all actions that are required to be taken

by the Company within 60 days following the Agreement Date in order to avoid abandonment of such Company Registered Intellectual Property

Rights (including all office actions, provisional conversions, annuity or maintenance fees or re-issuances). Each item of Company Registered

Intellectual Property is valid (or in the case of applications, applied for), enforceable and subsisting, and all registration, maintenance

and renewal fees currently due in connection with such Company Registered Intellectual Property have been paid and all documents, recordations

and certificates in connection with such Company Registered Intellectual Property currently required to be filed have been filed with

the relevant patent, copyright, trademark or other authorities in the United States, Israel or foreign jurisdictions, as the case may

be, for the purposes of prosecuting, maintaining and perfecting such Company Registered Intellectual Property and recording the Company’s

ownership interests therein. Notwithstanding the foregoing, Company did not conduct a freedom to operate study.

(d) Company

Unregistered Intellectual Property. Schedule ‎‎3.10‎(d) of the Company Disclosure Letter lists all material Company-Owned

Intellectual Property that is not Company Registered Intellectual Property, including all material trade secrets, know-how, unregistered

copyrights, and unregistered trademarks owned by the Company. For each such item, the Schedule shall describe its nature, the measures

taken to protect its confidentiality and ownership, and its significance to the Business.

(e) Governmental

Grants.

(i) Schedule

‎3.10(e)(i) of the Company Disclosure Letter identifies each pending and outstanding Governmental Grant (including with respect

to “approved enterprise” status) that has been received or applied for by the Company. Except as set forth on Schedule

‎3.10(e)(i) of the Company Disclosure Letter, the Company has never received or applied for any Governmental Grant. The Company

has provided Acquirer accurate and complete copies of: (i) all applications for Governmental Grants and related documents submitted by

the Company to any Governmental Entity and (ii) all certificates of approval and letters of approval (and supplements thereto) granted

to the Company by any Governmental Entity. In each such application submitted by or on behalf of the Company, all information required

by such application has been disclosed accurately and completely, and the Company has not made any misstatements of fact or any disclosures

that are not accurate or complete. Except for undertakings set forth in letters of approvals which were provided to the Acquirer, there

are no undertakings of the Company given in connection with any Governmental Grant. The Company is and has been at all times in compliance

with the terms, conditions, requirements and criteria of all Governmental Grants and Applicable Law pertaining thereto, including all

reporting requirements as per Applicable Law including, where applicable, the provisions of the Innovation Law. No claim or challenge

has been made by any Governmental Entity with respect to the entitlement of any Company to any Government Grant or the compliance with

the terms, conditions, obligations or laws relating to Government Grants.

27

(ii) Except

as set forth in Schedule ‎‎‎3.10‎(e)‎(ii) of the Company Disclosure Letter, each item of Company Owned Intellectual

Property is and will be freely and fully transferable, licensable, conveyable and/or assignable by the Company or the Acquirer to any

individual or entity located in any jurisdiction in the world without any restriction, constraint, control, supervision, limitation, obligation

or payment of any kind and without approval of any third Person, including any Governmental Entity.

(iii) Schedule

‎3.10(e)(iii)(a) of the Company Disclosure Letter sets forth, with respect to each Governmental Grant referred to in Schedule

‎3.10(e)(iii) of the Company Disclosure Letter: (A) a complete and accurate report of the total amount of the benefits received

by the Company under each Governmental Grant, the total outstanding amounts to be paid by the Governmental Entity to the Company under

the Government Grants, if any, and the aggregate outstanding obligations under each such Government Grant with respect to royalties applicable

thereto and any outstanding amounts otherwise payable under each such Government Grant to the applicable Governmental Entity; (B) the

time period in which the Company received, or will be entitled to receive, benefits under such Governmental Grant; and (C) any Governmental

Grant consisting of a Tax incentive (other than incentives generally available by operation of law without application or action by any

Governmental Entity). No event has occurred, and, to the knowledge of the Company, no circumstance or condition exists, that would reasonably

be expected to give rise to: (1) the annulment, revocation, withdrawal, suspension, cancellation, recapture or modification of any Governmental

Grant; (2) the imposition of any limitation on any Governmental Grant or any benefit available in connection with any Governmental Grant;

(3) a requirement that the Company return or refund any benefits provided under any Governmental Grant; or (4) an acceleration or increase

of royalty payments obligation (including total royalty amount and royalty rate), or obligation to pay additional payments to any Governmental

Entity, in each case, other than ongoing royalty payments. The Company has obtained all authorizations and approvals necessary for the

consummation of the Share Purchase pursuant to the terms of this Agreement and the consummation of the other transactions contemplated

by this Agreement in order to ensure that, the Share Purchase: (x) will not adversely affect the ability of the Company to obtain the

benefit of any Governmental Grant for the remaining duration thereof or require any recapture of any previously claimed incentive; and

(y) will not result in the failure of the Company to comply with any of the terms, conditions, requirements and criteria of any Governmental

Grant, applicable laws, regulations, ordinances or guidelines or any claim by any Governmental Entity or other Person that the Company

is required to return or refund, or that any Governmental Entity is entitled to recapture, any benefit provided under any Governmental

Grant. Except as set forth in Schedule ‎3.10(e)(iii)(b) of the Company Disclosure Letter, no consent of any Governmental Entity

or other Person is required to be obtained prior to the consummation of the Share Purchase pursuant to the terms of this Agreement in

order to comply with any Israeli Applicable Law or to avoid any increase in royalty rates incurred by the Company under any such Governmental

Grant received by the Company or other change in the terms and conditions applicable to the Company under any such Governmental Grant

received by the Company. The Company has no knowledge of an intention to change the terms of any Governmental Grant, except as may result

from generally applicable changes to the relevant laws and regulations thereunder.

28

(iv) No

Company-Owned Intellectual Property was developed, created, or reduced to practice, in whole or in part, using funding, personnel, facilities

or resources provided by any Governmental Entity, agency or private source (except for equity funding not specifically allocated to the

development of any specific Company-Owned Intellectual Property), or any university, college, other educational institution, military,

multi-national, bi-national or international organization or research center (collectively, “Institutions”).

(f) Company

Products. Schedule ‎3.10(f) of the Company Disclosure Letter lists all Company Products that have been made available for

use or purchase by the Company or its Subsidiary in the last 12 months, including any product or service currently under development and

scheduled for commercial release within 90 days following the date of this Agreement, for each such Company Product (and each version

thereof) identifying its release date.

(g) No

Parallel Engagement. To the Company’s knowledge, at no time during the development, creation, conception of or reduction to

practice of any Intellectual Property for the Company or its Subsidiary was any Author (as defined below) subject to any employment or

services agreement or invention assignment or nondisclosure agreement or other obligation with any third party that could adversely affect

the Company’s rights in such Intellectual Property, such that results in a detrimental effect on Company’s ownership of Company-Owned

Intellectual Property or that imposes restrictions thereon or grants such third party any rights thereto. No third party, including any

Institution has any claim of right to, ownership of or other encumbrance on any Company-Owned Intellectual Property.

(h) Invention

Assignment and Confidentiality Agreement. Except as set forth in Schedule ‎‎‎3.10‎(h) of the Company Disclosure

Letter, the Company and its Subsidiary have secured from all (i) current and former founders, consultants, advisors, employees, service

providers, and independent contractors and any other individuals or entities (including the Company’s officers and directors) who

independently or jointly contributed to or participated in the conception, reduction to practice, creation or development of any Intellectual

Property for the Company or its Subsidiary and (ii) named inventors of patents and patent applications owned or purported to be owned

by the Company or its Subsidiary (any Person described in clause (i) or (ii), an “Author”), a valid, binding

and enforceable written Contract providing for an effective present and future assignment to the Company all rights in the Intellectual

Property developed conceived, invented, discovered, programmed, designed, or reduced to practice (either alone or jointly with others)

by them during and as a result of their employment or engagement by the Company or Subsidiary (and in the case of patents and patent applications,

such assignments have been recorded with the relevant authorities in the applicable jurisdiction), and an explicit and irrevocable waiver

of all rights related thereof (collectively, “PIIA Agreements”). The Company has provided to Acquirer copies

of all forms of such PIIA Agreements currently and historically used by the Company and its Subsidiary and, in the case of patents and

patent applications, the Company has provided to Acquirer copies of all such assignments. All amounts payable and due, whether under contract

or applicable law, by the Company and its Subsidiary to all Authors have been paid in full. It is not and will not become necessary to

utilize any Intellectual Property of the Authors, made prior to their engagement with the Company and its Subsidiary other than those

that have been rightfully assigned to the Company and its Subsidiary pursuant to a PIIA Agreement. Neither the Company nor its Subsidiary

has received any claim from any Person for consideration, compensation or royalty payments pursuant to Section 134 of the Israeli Patent

Law, 1967 and to the knowledge of the Company, no reasonable basis exists that could give rise to such a claim.

29

(i) No

Violation. To the Company’s knowledge, no current or former employee, consultant, advisor or independent contractor of the Company

or its Subsidiary: (i) is in violation of any term or covenant of any Contract relating to invention disclosure, invention assignment,

non-disclosure or non-competition or any other Contract with any other party by virtue of such employee’s, consultant’s, advisor’s

or independent contractor’s being employed by, or performing services for, the Company or its Subsidiary in respect of use of trade

secrets or proprietary information of others without permission or (ii) has developed any technology, Intellectual Property, software

or other copyrightable, patentable or otherwise proprietary work for the Company or its Subsidiary that is subject to any agreement under

which such employee, consultant, advisor or independent contractor has assigned or otherwise granted to any third party any rights (including

Intellectual Property Rights) in or to such technology, software or other copyrightable, patentable or otherwise proprietary work. To

the Company’s knowledge, neither the execution nor delivery of this Agreement will conflict with or result in a breach of the terms,

conditions or provisions of, or constitute a default under, any Contract of the type described in clause (i).

(j) Confidential

Information. The Company and its Subsidiary have taken all commercially reasonable steps to protect and preserve the confidentiality

of all confidential or non-public information of the Company and its Subsidiary (including trade secrets) or provided by any third party

to the Company or its Subsidiary (“Confidential Information”). All current and former employees and contractors

of the Company and its Subsidiary and any third party having access to Confidential Information have executed and delivered to the Company

and its Subsidiary a written agreement regarding the protection of such Confidential Information. To the knowledge of the Company, there

has been no breach of confidentiality obligations on the part of the Company or its Subsidiary or, to the knowledge of the Company, with

respect to Confidential Information by any third-party.

(k) Non-Infringement.

To the knowledge of the Company, there is no unauthorized use, unauthorized disclosure, infringement or misappropriation of any Company-Owned

Intellectual Property by any third party. Neither the Company nor its Subsidiary has brought any Legal Proceeding for infringement or

misappropriation of any Company-Owned Intellectual Property. Neither the Company nor its Subsidiary has any Liability for infringement

or misappropriation of any Third-Party Intellectual Property. The operation of the Business, including (i) the design, development, manufacturing,

reproduction, marketing, licensing, sale, offer for sale, importation, distribution, provision and/or use of any Company Product and/or

Company-Owned Intellectual Property and (ii) the Company’s or its Subsidiary’s use of any product, device, process or service

used in the Business as previously conducted, currently conducted, and as currently proposed to be conducted by the Company or its Subsidiary,

has not, does not, and to the knowledge of the Company will not (directly or indirectly, including via contribution or inducement), misappropriate,

infringe or violate any Third-Party Intellectual Property, breach any terms of service, click-through agreement or any other agreement

or rules, policies or guidelines applicable to use of such Third-Party Intellectual Property, nor constitute unfair competition or unfair

trade practices under the Applicable Law of any jurisdiction in which the Company or its Subsidiary conducts the Business or in which

Company Products are manufactured, marketed, distributed, licensed or sold and there to the Company’s knowledge, is no basis for

any such claims. Neither the Company nor its Subsidiary has been sued in any Legal Proceeding or received any written communications (including

any third-party reports by users) alleging that the Company or its Subsidiary has infringed, misappropriated, or violated or, by conducting

the Business, would infringe, misappropriate, or violate any Intellectual Property of any other Person, or that any Company Intellectual

Property is invalid or unenforceable. No Company-Owned Intellectual Property or Company Product owned by the Company, and to the knowledge

of the Company, Company Products licensed from a third party, is subject to any Legal Proceeding, Order or settlement agreement that restricts

in any manner the use, transfer or licensing thereof by the Company or its Subsidiary, or that may affect the validity, use or enforceability

of any Company-Owned Intellectual Property.

30

(l) Licenses;

Agreements.

(i) neither

the Company nor any Subsidiary has granted any options, licenses or agreements of any kind relating to any Company Intellectual Property

outside of nonexclusive licenses (copies of which have been provided to Acquirer), and the Company is not bound by or a party to any option,

license or agreement of any kind with respect to any of the Company-Owned Intellectual Property, outside of nonexclusive licenses.

(ii) Except

as set forth in Schedule ‎3.10‎(l)‎‎(ii) of the Company Disclosure Letter, neither the Company nor any Subsidiary

is obligated to pay any royalties or other payments to third parties with respect to the marketing, sale, distribution, manufacture, license

or use of any Company Products (other than in respect of Integrated Off-The-Shelf Software or IIA royalty obligations, which are also

detailed in Schedule ‎3.10‎(e) of the Company Disclosure Letter) or Company-Owned Intellectual Property.

(iii) the

Company and its Subsidiary has obtained and possesses valid licenses to use all of the software programs present on the computers and

other software-enabled electronic devices that the Company and its Subsidiary owns or leases or that the Company or its Subsidiary has

otherwise provided to its employees and contractors for their use.

(m) Other

Intellectual Property Agreements. With respect to the Company Intellectual Property Agreements:

(i) each

such agreement is valid and subsisting;

(ii) neither

the Company nor its Subsidiary is (and will not be as a result of the execution and delivery or effectiveness of this Agreement or the

performance of the Company’s or its Subsidiary’s obligations under this Agreement), in breach of any Company Intellectual

Property Agreement and to the knowledge of the Company, the consummation of the Transactions will not result in the modification, cancellation,

termination, suspension of, or acceleration of any payments, rights, obligations or remedies with respect to any Company Intellectual

Property Agreements, or give any non-Company party to any Company Intellectual Property Agreement the right to do any of the foregoing;

(iii) to

the knowledge of the Company, no counterparty to any Company Intellectual Property Agreement is in breach thereof;

(iv) at

and immediately after the Closing, the Company (as a wholly owned subsidiary of Acquirer) will be permitted to exercise all of the Company’s

and its Subsidiary’s rights under the Company Intellectual Property Agreements to the same extent the Company and its Subsidiary

would have been able to had the Transactions not occurred and without the payment of any additional amounts or consideration other than

ongoing fees, royalties or payments that the Company or its Subsidiary would otherwise be required to pay;

(v) to

the knowledge of the Company, there are no disputes or Legal Proceedings (pending or threatened in writing, or to the knowledge of the

Company otherwise threatened) regarding the scope of any Company Intellectual Property Agreements, or performance under any Company Intellectual

Property Agreements including with respect to any payments to be made or received by the Company or its Subsidiary thereunder;

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(vi) Except

as set forth in Schedule ‎3.10‎(m)‎(vi), no Company Intellectual Property Agreement requires the Company or its Subsidiary

to include any Third-Party Intellectual Property in any Company Product or obtain any Person’s approval of any Company Product at

any stage of development, licensing, distribution or sale of that Company Product;

(vii) Except

as set forth in Schedule ‎3.10‎(m)‎‎(vii) of the Company Disclosure Letter, none of the Company Intellectual Property

Agreements grants any third-party exclusive rights to or under any Company Intellectual Property;

(viii) Except

as set forth in Schedule ‎3.10‎(m)‎‎(viii) of the Company Disclosure Letter, none of the Company Intellectual Property

Agreements grants any third party the right to sublicense any Company Intellectual Property, other than reseller and MSSP agreements;

(ix) Except

as set forth in Schedule ‎3.10‎(m)‎(ix), the Company and its Subsidiary have obtained valid, written licenses (sufficient

for the conduct of the Business) to all Third-Party Intellectual Property that is incorporated into, integrated or bundled by the Company

or its Subsidiary with any of the Company Products; and

(x) Except

as set forth in Schedule ‎3.10‎(m)‎(x) of the Company Disclosure Letter, no third party that has licensed Intellectual

Property Rights to the Company or its Subsidiary has ownership or license rights to improvements or derivative works made by the Company

or its Subsidiary in the Third-Party Intellectual Property that has been licensed to the Company or its Subsidiary.

(n) Non-Contravention.

Neither the execution and performance of this Agreement will result in: (i) Acquirer or any of its Affiliates granting to any third

party any right to or with respect to any Intellectual Property Rights owned by, or licensed to, Acquirer or any of its Affiliates, (ii) Acquirer

or any of its Affiliates, being bound by or subject to, any exclusivity obligations, non-compete or other restriction on the operation

or scope of their respective businesses, (iii) Acquirer or the Company being obligated to pay any royalties or other material amounts

to any third party in excess of those payable by any of them, respectively, in the absence of this Agreement or the Transactions or (iv)

any termination of, or other material impact to, any Company Intellectual Property; all of the foregoing in (i)-(iv), unless arising from

any agreement, covenant, obligation or other legal requirement of Acquirer.

(o) Company

Source Code. Except as set forth in Schedule ‎3.10‎‎(o) of the Company Disclosure Letter, neither the Company nor

its Subsidiary has disclosed, delivered or licensed to any Person or agreed or obligated itself to disclose, deliver or license to any

Person, or permitted the disclosure or delivery to any escrow agent or other Person of, nor has there been any unauthorized or inadvertent

disclosure of, any Company Source Code, other than (x) disclosures to employees, contractors and consultants (i) involved in the

development of Company Products and (ii) subject to a written confidentiality agreement. No event has occurred, and to the knowledge

of the Company, no circumstance or condition exists, that (with or without notice or lapse of time, or both) will, or would reasonably

be expected to, result in the disclosure, delivery or license by the Company or its Subsidiary of any Company Source Code, other than

disclosures to employees and consultants involved in the development of Company Products who have executed written confidentiality agreements.

Without limiting the foregoing, neither the execution nor performance of this Agreement nor the consummation of any of the Transactions

will result in a release from escrow or other delivery to a third party of any Company Source Code.

32

(p) Open

Source Software.

(i) Schedule

‎3.10(p)(i) of the Company Disclosure Letter identifies all Open Source Materials contained or incorporated in, or linked to or

called by, or distributed with, any Company Products, describes whether and, if so, how the Open Source Materials were modified and/or

distributed by the Company or its Subsidiary and identifies the licenses under which such Open Source Materials were used. The Company

and its Subsidiary are in compliance with the terms and conditions of all licenses for the Open Source Materials.

(ii) Except

as set forth in Schedule ‎3.10(p)(ii) of the Company Disclosure Letter, the Company and its Subsidiary have not (i) incorporated

Open Source Materials into, or combined Open Source Materials with, the Company-Owned Intellectual Property or Company Products, (ii)

distributed Open Source Materials in conjunction with any Company-Owned Intellectual Property or Company Products or (iii) used Open Source

Materials (including linking or calling), in such a way that, with respect to clauses (i) through (iii), creates, or purports to create,

obligations for the Company or its Subsidiary with respect to any Company-Owned Intellectual Property or grant, or purport to grant, to

any third party any rights or immunities under any Company-Owned Intellectual Property (including using any Open Source Materials that

require, as a condition of use, modification and/or distribution of such Open Source Materials that other software incorporated into,

derived from or distributed with such Open Source Materials be (A) disclosed or distributed in source code form, (B) be licensed for the

purpose of making derivative works or (C) be redistributable at no charge).

(q) Information

Technology.

(i) Plans.

The Company and its Subsidiary have implemented and maintain reasonable security, disaster recovery and business continuity plans consistent

with industry practices of companies offering similar services, and act in compliance therewith and have tested such plans on a periodic

basis, and such plans have proven effective upon testing.

(ii) Company

Databases. Schedule ‎3.10(q)(ii) of the Company Disclosure Letter identifies and describes each distinct electronic or

other repository or database containing (in whole or in part) Company Data maintained by or for the Company or the Subsidiary at any time

(collectively, the “Company Databases”), the types of Company Data in each such database (including by Company-Licensed

Data and Company-Owned Data), the means by which the Company Data was collected or received and the security policies that have been adopted

and maintained with respect to each such Company Database.

(iii) Processing.

The Company and its Subsidiary have valid and subsisting contractual rights to Process or to have Processed all Company-Licensed Data

howsoever obtained or collected by or for the Company or its Subsidiary in the manner that it is Processed by or for the Company or its

Subsidiary. The Company and its Subsidiaries have all rights, permissions, licenses or authorizations required under Applicable Law and

relevant Contracts (including Company Data Agreements), to retain, produce copies, prepare derivative works, disclose, combine with other

data, and grant third parties rights, as applicable, to each of the Company Data as necessary for the operation of the Business as currently

conducted. The Company and its Subsidiary have been and are in compliance with all Contracts in all material respects pursuant to which

the Company Processes or has Processed Company-Licensed Data, and the consummation of the Transactions will not conflict with, or result

in any violation or breach of, or default under, any such Contract. Schedule ‎3.10(q)(iii) of the Company Disclosure Letter

identifies each Contract governing any Company-Licensed Data to which the Company is a party or is bound by, except the standard terms

of use entered into by users of the Company Products and Company’s agreements with customers, resellers and MSSPs (copies of which

have been provided to Acquirer).

33

(iv) Other

than as set forth on Schedule ‎3.10(q)(iv) of the Company Disclosure Letter, the Company and its Subsidiary are not bound by

and have not entered into any Contract governing any Company-Owned Data, except the standard terms of use entered into by users (including

MSSPs) and resellers of the Company Products (copies of which have been provided to Acquirer).

(v) Generative

AI. The tools developed by the Company for use as part of Company’s product offerings, testing and development are set forth

on Schedule ‎3.10(q)(v)(i) (the “Company Developed AI”). The Company owns all rights, title, and

interest in the Company Developed AI, free and clear of all Encumbrances except for Open Source Materials disclosed in Schedule 2.10(o)(i).

The Company Developed AI (1) does not infringe the Intellectual Property Rights of any third-party and (2) comply with all applicable

laws and regulations, including data protection and privacy laws. The Company has implemented reasonable measures to protect the confidentiality

and security of the Company Developed AI and the Company Developed AI constitutes part of the Company-Owned Intellectual Property. To

the Company’s knowledge, there have been no unauthorized uses, disclosures, or breaches of the Company Developed AI or related systems.

The Company Developed AI has been developed and maintained in accordance with industry best practices, including but not limited to: (1)

measures to prevent and mitigate algorithmic bias, (2) ethical AI principles, (3) transparency in AI decision-making processes where appropriate,

and (4) regular testing and validation for accuracy and reliability. The Company maintains accurate and up-to-date documentation of its

AI development and deployment practices, including any assessments of potential biases or ethical considerations. Schedule ‎3.10(q)(v)(ii)

sets forth a correct, current, and complete list of all third-party AI technologies (“AI Technologies”) used

or held for use by the Company in the Business (collectively, “Third-Party AI”). Schedule ‎3.10(q)(v)(iii)

sets forth a correct, current, and complete list of all Third-Party AI capable of generating various types of content (including text,

images, video, audio, or computer code) based on user-supplied prompts (“Generative AI Tools”) used by the Company

or the Subsidiary and, for any such Generative AI Tool owned or controlled by any other Person, the license or other Contract governing

the Company’s or any Subsidiary’s use thereof. The Company and the Subsidiary have not: (1) used any Generative AI Tools (whether

owned or controlled by the Company or the Subsidiary or any other Person) in a manner that does, will, or could reasonably be expected

to adversely affect the ownership, validity, enforceability, registrability, or patentability of any Company-Owned Intellectual Property

that the Company or any Subsidiary intended to maintain as proprietary; (2) except as set forth in Schedule ‎3.10(q)(v)(iv),

included any source code owned by the Company in any prompts or inputs into any Generative AI Tool owned or controlled by any other Person;

or (3) used any Generative AI Tool in a manner that does not comply with the applicable license or other Contract terms governing its

use by the Company or the Subsidiary.

(r) No

Defects. The Company has taken reasonable steps designed to maintain the Company Products free from material defects and bugs and

to operate in accordance with the documentation and specifications provided by the Company. The Company uses means and methods consistent

with those in a similar industry as the Company to ensure the software included in the Company Products does not contain (a) any clock,

timer, counter, or other limiting or disabling code, design, routine, or any viruses, Trojan horses, or other disabling or disruptive

codes or commands that would cause such software to be erased, made inoperable, or otherwise rendered incapable of performing in accordance

with its performance specifications and descriptions or otherwise limit or restrict the Company’s or its Subsidiary’s or any

Person’s ability to use such software or the Company Product, including after a specific or random number of years or copies, or

(b) any back doors or other undocumented access mechanism allowing unauthorized access to, and viewing, manipulation, modification, or

other changes to, such software or Company Product.

(s) Standards

Bodies. (i) the Company and its Subsidiary have not and have never been a member of, a contributor to, or affiliated with, any industry

standards organization, body, working group, or similar organization, and (ii) neither the Company nor its Subsidiary, nor any Company-Owned

Intellectual Property is subject to any licensing, assignment, contribution, disclosure, or other requirements or restrictions of any

industry standards organization, body, working group, or similar organization.

34

(t) Warranties;

Company Products. No Company Product is subject to any guaranty, warranty, right of return, right of credit, or other indemnity other

than the applicable standard terms and conditions or any other agreements entered into with customers, MSSPs or resellers for the sale,

license, or lease of the Company Products, which are set forth in Schedule ‎3.10(t) of the Company Disclosure Letter. The Company

has not received any written product liability claims relating to the Company or its Subsidiary, or any Company Products, or services

provided by the Company related thereto that resulted in a Material Adverse Effect to the Company’s Business.

(u) Company

Websites. To the knowledge of the Company, no domain names have been registered by any Person that are similar to any trademarks,

service marks, domain names or business or trading names used, created or owned by the Company or its Subsidiary. The contents of any

Company Website and all transactions conducted over the Internet by the Company, if applicable, comply with Applicable Law in any applicable

jurisdiction in all material respects.

3.11 Data Privacy

and Security.

(a) Except

as set forth in Schedule ‎3.11(a) of the Company Disclosure Letter, the Company and its Subsidiary comply and have at all times

complied with all: (i) Privacy Laws, (ii) Company Privacy Policies, (iii) all privacy, data protection and cybersecurity requirements

of Company Data Agreements, and (iv) all applicable industry standards by which Company is bound ((i)-(iv), collectively, “Company

Privacy Commitments”) in each case with respect to its Processing of Personal Data, in all material respects. Neither the

execution, delivery, nor performance of this Agreement will cause, constitute, or result in a breach or violation of any Company Privacy

Commitments. Copies of all current and prior Company Privacy Policies have been made available to Acquirer and such copies are true, correct

and complete.

(b) The

Company and its Subsidiary have established and maintain appropriate technical, physical and organizational measures and security systems

and technologies, in compliance with all Company Privacy Commitments that protect Personal Data against accidental or unlawful Processing

and against accidental loss, destruction, alteration, disclosure, access or damage to Personal Data (“Data Breach”)

in a manner appropriate to the risks represented by the Processing of such data by the Company or Subsidiary and their data processors.

The Company and its Subsidiary have taken reasonable steps to ensure the reliability of their employees and contractors who have access

to Company Data, to train such employees on all applicable aspects of Company Privacy Commitments and to ensure that all employees with

the authority and/or ability to access such data are under written obligations of confidentiality with respect to such data.

(c) The

Company and its Subsidiary have not received or experienced and, to the knowledge of the Company, there is no circumstance (including

any circumstance arising as the result of an audit or inspection carried out by any Governmental Entity) that would reasonably be expected

to give rise to, any Legal Proceeding, Order, notice, communication, warrant, regulatory opinion, auditor allegation from a Governmental

Entity or any other Person (including an end user): (i) alleging or confirming Company’s or Subsidiary’s non-compliance with

Company Privacy Commitments, (ii) requiring or requesting the Company or its Subsidiary to amend, rectify, cease Processing, de-combine,

permanently anonymize, block or delete any Personal Data, or (iii) claiming compensation from the Company or its Subsidiary in respect

of Processing of Personal Data. The Company and its Subsidiary have at all times complied with any requests or communications received

from any Person exercising any rights under Privacy Laws.

35

(d) Schedule

‎3.11(d) of the Company Disclosure Letter contains a complete list of notifications and registrations made by the Company and

the Subsidiary under Privacy Laws with relevant Governmental Entities in connection with their Processing of Personal Data (including

with respect to Company Databases). All such notifications and registrations are valid, accurate, complete and fully paid up and the relevant

Personal Data has been used by the Company and its Subsidiary solely as permitted pursuant to such registrations and notifications and,

the consummation of the Transactions will not invalidate such notification or registration or require such notification or registration

to be amended. Other than the notifications and registrations set forth on Schedule ‎3.11(d) of the Company Disclosure Letter,

no other registrations or notifications are required in connection with the Processing of Personal Data by the Company or the Subsidiary.

(e) The

Company and its Subsidiary have not shared Personal Data with any Person except in accordance with the Company Privacy Commitments. Where

the Company or its Subsidiary uses a data processor to Process Personal Data, the processor has provided guarantees, warranties or covenants

in relation to Processing of Personal Data, confidentiality, security measures and agreed to compliance with those obligations that are

sufficient for the Company’s compliance with Company Privacy Commitments, and there is in existence a written Contract between the

Company and each such data processor that complies with the requirements of all Company Privacy Commitments. The Company and its Subsidiary

have made available to Acquirer true, correct and complete copies of all such Contracts. To the knowledge of the Company, such data processors

have not breached any such Contracts pertaining to Personal Data Processed by such Persons on behalf of the Company or its Subsidiary.

(f) The

Company and its Subsidiaries, and, to the knowledge of the Company, any third parties Processing Personal Data on behalf of the Company

or its Subsidiary, have not experienced any security incident, violation of any data security policy, unauthorized access or Data Breach

in relation to Personal Data, Company Databases, or Confidential Information (including Personal Data in the Company’s or its Subsidiary’s

possession, custody or control), or any unauthorized or illegal Processing of any of the foregoing. With respect to the ICT Infrastructure,

no security incident or Data Breach, has occurred, including but not limited to ransomware, compromise of credentials, denial-of-service

attack, or unauthorized intrusion of any kind has occurred or is threatened. No circumstance has arisen in which Applicable Law (including

Privacy Laws) would require the Company to notify a Governmental Entity or Person of a data security breach or security incident.

3.12 Taxes.

(a) Except

as set forth in Schedule ‎3.12‎(a) of the Company Disclosure Letter, each of the Company and its Subsidiary has properly

completed and timely filed all Tax Returns required to be filed by it prior to the Closing Date and such Tax Returns are true, correct

and complete in all material respects and have been completed in accordance with Applicable Law. Each of the Company and its Subsidiary

has timely paid all Taxes required to be paid by it (whether or not shown on any Tax Return) and has no Liability for Taxes in excess

of the amounts so paid. There is no claim for Taxes that has resulted in an Encumbrance against any of the assets of the Company or its

Subsidiary.

36

(b) The

Company has delivered to Acquirer true, correct and complete copies of all material Tax Returns, examination reports and statements of

deficiencies, adjustments and proposed deficiencies and adjustments in respect of the Company and its Subsidiary in connection with any

taxable periods during the last seven years.

(c) The

Company Balance Sheet reflects all Liabilities for unpaid Taxes of the Company and its Subsidiary for periods (or portions of periods)

through the Company Balance Sheet Date, all to the extent such Liabilities are required to be reflected therein pursuant to Israeli GAAP.

Neither the Company nor its Subsidiary has any Liability for unpaid Taxes accruing after the Company Balance Sheet Date except for Taxes

arising in the ordinary course of business consistent with past practice following the Company Balance Sheet Date. Neither the Company

nor its Subsidiary has any Liability for Taxes (whether outstanding, accrued, contingent or otherwise) that are not included in the calculation

of Company Debt.

(d) Except

as set forth in Schedule ‎‎ ‎3.12(d) of the Company Disclosure Letter, there is (i) no past or pending audit of, or

Tax controversy associated with, any Tax Return of the Company or its Subsidiary that has been conducted in the last seven years, or to

the Company or the Subsidiary’s knowledge is being, conducted by a Tax Authority, nor has the Company or its Subsidiary been notified

in writing of any request for, or commencement of, such an audit, (ii) no such procedure, proceeding or contest of any refund or

deficiency in respect of Taxes of the Company or its Subsidiary pending, proposed or threatened in writing, or on appeal with any Governmental

Entity, (iii) no extension of any statute of limitations on the assessment of any Taxes granted by the Company or its Subsidiary currently

in effect and (iv) no agreement to any extension of time for filing any Tax Return of the Company or its Subsidiary that has not

been filed, other than customary extensions granted automatically by the ITA or such other applicable Governmental Entity. No adjustment

relating to any Tax Return filed by the Company or its Subsidiary in the last seven years has been proposed in writing by any Tax Authority

to the Company or its Subsidiary or any representative thereof that has not been fully and finally resolved. No written claim has ever

been made by any Governmental Entity in a jurisdiction where the Company or its Subsidiary does not file Tax Returns that the Company

or its Subsidiary is or may be subject to taxation by that jurisdiction.

(e) The

Company and its Subsidiary have complied in all material respects with their obligations under all Applicable Laws relating to the payment

and withholding of Taxes from payments made to any Person and remittance to the appropriate Tax Authority of all amounts required to be

so withheld and paid under all Applicable Laws. The Company and its Subsidiary are in material compliance with, and their records contain

all material information and documents necessary to comply with, their obligations under all applicable information reporting and withholding

requirements under all Applicable Laws.

(f) All

records which the Company or its Subsidiary are required under any Applicable Law to keep for Tax purposes (including all documents and

records likely to be needed to defend any challenge by any Tax Authority with respect to the transfer pricing of any transaction) have

been duly kept in accordance with all applicable requirements and are available, upon request and within a reasonable period of time,

for inspection at the premises of the Company or its Subsidiary, as applicable.

(g) The

Company and its Subsidiary are duly registered for the purposes of Israeli value added tax and have complied with all requirements concerning

value added Taxes (“VAT”). The Company and its Subsidiary (i) have not made any exempt transactions (as

defined in the Israel Value Added Tax Law of 1975) and there are no circumstances by reason of which there might not be an entitlement

to full credit of all VAT chargeable or paid on inputs, supplies, and other transactions and imports made by them, (ii) have collected

and timely remitted to the relevant Tax Authority all output VAT which they are required to collect and remit under any Applicable Law;

and (iii) have not received a refund for input VAT for which they are not entitled under any Applicable Law.

37

(h) The

prices and terms for the provision of any property or services by or to the Company or its Subsidiaries are at arm’s length for

purposes of the relevant transfer pricing Applicable Laws and all related documentation if required by such Applicable Laws has been timely

prepared or obtained and, if necessary, retained. Each of the Company and its Subsidiary complies, and has always been compliant with

the requirements of Section 85A of the Israeli Income Tax Ordinance and Section 482 of the Code and the regulations promulgated thereunder

in all material respects. Each of the Company and its Subsidiary (i) has never been party to any reorganization under Part E2 of the Israeli

Income Tax Ordinance; and (ii) is not subject to any restrictions or limitations pursuant to Part E2 of the Israeli Income Tax Ordinance

or pursuant to any Tax ruling made with reference to the provisions of Part E2.

(i) The

Company and its Subsidiary do not and have never participated or engaged in any transaction listed in Section 131(g) of the Israeli Income

Tax Ordinance and the Israeli Income Tax Regulations (Reportable Tax Planning), 5767-2006 promulgated thereunder, or are subject to reporting

obligations under Sections 131D and 131E of the Israeli Income Tax Ordinance or similar provisions under the Israel Value Added Tax Law

of 1975.

(j) The

Company and its Subsidiary are not and have never been a real property corporation (Igud Mekarke’in) within the meaning of this

term under Section 1 of the Israeli Land Taxation Law (Appreciation and Acquisition), 5723-1963.

(k) The

Company and its Subsidiary are residents of the State of Israel for Tax purposes and are not and have never been subject to Tax in any

country other than the State of Israel by virtue of (i) being treated as a resident of, (ii) being engaged in a trade or business through

a permanent establishment (within the meaning of an applicable Tax treaty) or otherwise having an office or a fixed place of business

in that country or (iii) having any other source of income in that jurisdiction, or other than by way of tax withholding in that jurisdiction.

(l) Except

as set forth in Schedule ‎3.12(l), the Company is not benefiting (and has never benefited) from any grants, Tax incentives,

tax holidays, reduced tax rates or accelerated depreciation under the Israeli Capital Investment Encouragement Law – 1959 (the “Capital

Investment Law”), including but not limited to Technological Preferred Enterprise, Preferred Enterprise, Benefitted Enterprise and

Approved Enterprise Status. As of the date hereof, to the extent the Company benefited from the Benefitted Enterprise or Approved Enterprise

Status, the Company has no retained earnings which would be subject to corporate Tax due to the distribution of a “dividend”

from such earnings, as the term “dividend” is specifically defined by the ITA in the framework of the Capital Investment Law

(or actions that are deemed as dividend for these purposes).

(m)

Neither the Company nor its Subsidiary is party to or bound by any Tax sharing, Tax indemnity, or Tax allocation agreement (other than

commercial Contracts entered into in the ordinary course of business the principal purpose of which is not related to Taxes (“Customary

Contracts”)), and neither the Company nor its Subsidiary has any Liability to another party under any such agreement.

(n) Neither

the Company nor its Subsidiary is a partner for Tax purposes with respect to any joint venture, partnership, or other arrangement or Contract

which is treated as a partnership for Tax purposes. No U.S. federal income tax entity classification election pursuant to Treasury Regulations

Section 301.7701-3 has been filed with respect to the Company or any of the Company Subsidiaries.

38

(o) Neither

the Company nor its Subsidiary has participated in, and is not currently participating in, a “Listed Transaction” within the

meaning of Section 6707A(c) of the Code or Treasury Regulation Section 1.6011-4(b), or any transaction requiring disclosure

under a corresponding or similar provision of state, local, or foreign law.

(p) Neither

the Company nor its Subsidiary will be required to include any item of income in, or exclude any item of deduction from, Taxable income

for any Taxable period (or portion thereof) ending after the Closing Date as a result of any (i) change in method of accounting for a

taxable period ending prior to the Closing Date, (ii) use of an improper method of accounting for a taxable period ending prior to the

Closing Date, (iii) installment sale or open transaction disposition made prior to the Closing, (iv) prepaid amount received prior to

the Closing, (v) any gain recognition agreement to which the Company or any corporation acquired by the Company is a party under Section

367 of the Code (or any corresponding or similar provision of state, local or non-US Tax Law) entered into on or prior to the Closing

Date, (vi) use of a method of accounting other than the accrual or, (vii) any deferred amount pursuant to Sections 451(c), 455, 456, or

460 of the Code or any corresponding provision of Applicable Law.

(q) Neither

the Company nor its Subsidiary has received any “taxation decision” (hachlatat misui) from the ITA, or any other technical

advice memoranda or any private letter ruling from the IRS (or any comparable Tax ruling from any other Governmental Entity). There is

no private letter ruling, “taxation decision”, or any agreement with any Tax authority to which the Company is party.

(r) The

Company for itself and for its Subsidiary has provided to Acquirer all documentation relating to any applicable Tax holidays or incentives.

The Company and its Subsidiary are in compliance in all material respects with the requirements for any applicable Tax holidays or incentives

and none of the Tax holidays or incentives will be jeopardized by the Transactions.

(s) Each

of the Company and its Subsidiary has in its possession official foreign government receipts (or other receipts customarily accepted by

Tax Authorities) for any Taxes paid by it to any foreign Tax Authorities for which receipts have been provided or are customarily provided.

(t) Neither

the Company nor any Subsidiary is, and has never been, a “United States real property holding corporation” within the meaning

of Section 897 of the Code, and the Company has filed with the IRS all statements, if any, that are required under Section 1.897-2(h)

of the Treasury Regulations. No claim or challenge has been made in writing towards the Company or any Subsidiarity by any Governmental

Entity with respect to the entitlement of the Company or any Subsidiary to any Tax incentive.

(u) Neither

the Company nor any Subsidiary owns any interest in any controlled foreign corporation (as defined under Section 75B of the Israeli Income

Tax Ordinance).

(v) No

payment to any Company Shareholder of any portion of the Aggregate Consideration will result in compensation or other income to any Company

Shareholder with respect to which Acquirer or the Company or its Subsidiary would be required to deduct or withhold any Taxes pursuant

to U.S. Tax law.

(w) Except

as set forth in Schedule ‎3.12(w), to the Company’s and each Subsidiary’s knowledge, no independent contractor

was or will be considered as an employee of the Company or its Subsidiary by an applicable Tax Authority.

(x) There

is no agreement, plan, arrangement or other Contract covering any current or former employee or other service provider of the Company

or its Subsidiary that, considered individually or considered collectively with any other such agreements, plans, arrangements or other

Contracts, will, or would reasonably be expected to, as a result of the Transactions (whether alone or upon the occurrence of any additional

or subsequent events), give rise directly or indirectly to the payment of any amount that would reasonably be expected to be characterized

as a “parachute payment” within the meaning of Section 280G of the Code (or any corresponding or similar provision of

state, local or foreign Tax law). Neither the Company nor its Subsidiary has ever had any obligation to report, withhold or gross up any

excise Taxes under Section 280G or Section 4999 of the Code.

39

3.13 Employee Benefit

Plans and Employee Matters. (a) Employee

List. Schedule ‎3.13(a) of the Company Disclosure Letter contains a list of all Company Employees as of the Agreement Date,

and correctly reflects for each such Company Employee: (i) name; (ii) date of hire; (iii) position; (iv) full-time or part-time

status; (v) classification as either exempt or non-exempt for wage and hour purposes under any Applicable Law; (vi) monthly base salary

or hourly wage rate, as applicable; (vii) any visa or work permit status and the date of expiration, if applicable; (viii) employment

location (country); (ix) bonus eligibility; (x) commission eligibility; (xi) vacation entitlement and accrued but unused vacation balance;

and (xii) any other material compensation payable to them including, without limitation, housing allowances, compensation payable pursuant

to any bonus or incentive compensation plan, agreement or arrangement, deferred compensation or commission plans, agreements or arrangements,

overtime payment, travel pay or car maintenance or car entitlement, sick leave entitlement and accrual, recuperation pay entitlement and

accrual, entitlement to pension arrangement and/or any other provident fund (including manager’s insurance and education fund),

their respective contribution rates and the salary basis for such contributions, whether such employee, is subject to Section 14 Arrangement

under the Israeli Severance Pay Law – 5723-1963 (“Section 14 Arrangement”) (and, to the extent such employee

is subject to the Section 14 Arrangement, an indication of whether such arrangement has been applied to such person from the commencement

date of their employment and on the basis of their entire salary), and whether the employee is on leave (and if so, the category of leave,

the date on which such leave commenced and the date of expected return to work. as known to the Company, if any) and notice period entitlement;

and (xiv) any promises or commitments made to any of the Company Employees, whether in writing or not, with respect to any future

changes or additions to their compensation or benefits listed in Schedule ‎3.13(a) of the Company Disclosure Letter.

(b) Except

as set forth on Schedule ‎3.13(b)(i), the Company and its Subsidiary are and have been in compliance in all material respects

with all Applicable Law respecting employment, discrimination in employment, harassment, terms and conditions of employment, employee

benefits, pay equity, pay transparency, restrictive covenants, worker classification (including the proper classification of workers as

independent contractors and consultants, and the proper classification of employees as exempt or non-exempt), engagement with independent

contractors (including catering, security and cleaning services), wages, pay slips, working hours, overtime and overtime payments, wages

and hours including payment of minimum wage, meal and rest breaks, rest days, workplace safety and health, employee leave, social benefits

contributions, termination and severance payment, engaging employees through service providers (including manpower employees and outsourcing

employees), and occupational safety and health and employment practices, work authorization and immigration. Other than as listed in Schedule

‎3.13(b)(ii) of the Company Disclosure Letter, (i) all Company Employees have signed an employment agreement substantially in

the form(s) delivered or made available to Acquirer with no deviations in any material respect; (ii) Company Employees are not entitled

to any payment or benefit that may be reclassified as part of their determining salary for all intent and purposes, including for the

social contributions (other than their salary and overtime payments); (iii) no Person has accepted an offer of employment made by the

Company or its Subsidiary but has not yet commenced employment; (iv) there are no outstanding offers of employment made by the Company

or its Subsidiary to any Persons; and (v) no officer, director or other key employee of the Company or its Subsidiary was terminated or

dismissed in the twelve (12) months preceding to the Agreement Date nor, to the knowledge of the Company, has any officer, director or

other key employee, or group of employees, expressed any plans to terminate his, her or its employment with the Company. Except as set

forth on Schedule 3.13(a), neither the Company nor its Subsidiary has made any promise, commitment or undertaking (whether written or

oral) to any current or former Employee or Contingent Worker regarding any future increase or change in compensation, benefits, equity

awards or other terms of employment or engagement.

40

(c) Schedule

‎3.13(c)(i) of the Company Disclosure Letter contains a list of all the Company’s current consultants, freelancers, independent

contractors, or other agents who provide services to the Company and are classified by the Company as other than employees, or compensated

other than through wages paid by the Company through the Company’s payroll (for the avoidance of any doubt, not including legal,

financial or tax advisors who provide such advisory services through a corporate entity) (“Contingent Workers”)

and, for each, location (country), average hours performed per month (as known by the Company), the rate(s) of compensation, the initial

date of engagement, and the amount of notice required prior to termination of such engagement. Except as set forth on Schedule 3.13(c)(ii),

all such current Contingent Workers are properly classified as such and would not reasonably be expected to be reclassified by any Governmental

Entity as employees of the Company or its Subsidiary, for any purpose whatsoever, and all such Contingent Workers’ agreements contain

provisions which state that no employer-employee relations exist between them and the Company. To the extent material, all current and

former Contingent Workers have received all rights and benefits, if any, to which they are and were entitled to according to any Applicable

Law or Contract with the Company. The Company does not engage any personnel through manpower agencies. The Company does not have temporary

employees or leased employees. Other than as listed in Schedule ‎3.13(c)(iii), the Company’s engagements with Contingent

Workers to which the Israeli Law for Strengthening the Enforcement of Labor Laws 5771- 2011 applies, are in full compliance with the law.

(d) Schedule

‎3.13(d) of the Company Disclosure Letter contains a list, with respect to the Company and its Subsidiary, (i) each loan

to an employee that is currently outstanding, (ii) all share option, share purchase, phantom share, share appreciation right, restricted

share unit, supplemental retirement, severance, sabbatical, medical, dental, vision care, disability, employee relocation, life insurance

or accident insurance plans, programs or arrangements, (iii) all bonus, pension, profit sharing, savings, severance, retirement,

deferred compensation or incentive plans (including commission and cash incentive plans), programs or arrangements other than any statutory

plans, (iv) all other fringe or employee benefit plans, programs or arrangements and (v) all employment, individual consulting,

retention, change of control or compensation, relocation, repatriation, expatriation or severance agreements, written or otherwise (all

of the foregoing described in clauses (i) through (vi), collectively, the “Company Employee Plans”).

(e) Each

Employee Benefit Plan has been established, maintained, administered, operated and funded in accordance with its terms and in compliance

with all applicable requirements of all Applicable Law. Each of the Company or its Subsidiary is and has been in compliance in all material

respects with all Laws with respect to employee benefits. Except as could not reasonably result, individually or in the aggregate, in

any material liability to the Company or its Subsidiary (i) all contributions, premiums and other payments due from the Company or its

Subsidiary (or with respect to) each Employee Benefit Plan for periods ending prior to the Agreement Date have been timely paid in accordance

with the terms of such Employee Benefit Plan and all Applicable Laws, or, if not yet due, have been accrued as a liability on the Company

Balance Sheet in accordance with, and to the extent required by, Israeli GAAP; and (ii) all returns, reports, notices, statements and

other disclosures relating to such Employee Benefit Plan required to be filed with any Governmental Entity or distributed to any participant

therein have been properly prepared and duly filed or distributed in a timely manner and were complete and accurate in all material respects

when filed or distributed.

41

(f) No

claim (other than routine claims for benefits) or action is pending or, to the Company’s Knowledge, threatened with respect to (or

against the assets of) any Employee Benefit Plan. No Employee Benefit Plan is (since the inception of the Company has been) the subject

of any audit, investigation, examination or other action by any Governmental Entity or a participant in any amnesty, voluntary compliance,

self-correction or similar program sponsored by any Governmental Entity, and, to the Company’s knowledge, no such audit, investigation,

examination or other action is contemplated or under consideration by any Governmental Entity.

(g) Except

as set forth on Schedule ‎3.13‎(g) of the Company Disclosure Letter, neither the Company nor its Subsidiary has received

written notice of complaints, charges or claims against the Company or its Subsidiary and, to the knowledge of the Company, no such complaints,

charges or claims are threatened in writing, arising out of, in connection with or otherwise relating to the employment or termination

of employment or failure to employ by the Company or its Subsidiary, of any individual.

(h) Except

as set forth on Schedule 3.13(h) of the Company Disclosure Letter, neither the Company nor its Subsidiary has any unsatisfied or

outstanding obligations of any nature to any former Employee or former Contingent Worker, and the termination of employment or engagement

of each such former Employee or former Contingent Worker was effected in compliance in all material respects with Applicable Law and the

applicable Contractual arrangements.

(i) No

Company Employee Plan provides for any tax “gross-up” or similar “make-whole” payments.

(j) Neither

the Company nor its Subsidiary is, nor ever has been, engaged in any unfair labor practice. Other than as listed in Schedule ‎3.13(j)(i)

of the Company Disclosure Letter, neither the Company nor its Subsidiary is liable for any arrears of wages, compensation, contribution

to social and pension benefits, Taxes, penalties or other sums for failure to comply with the foregoing (other than routine payments to

be made in the normal course of business and consistent with past practice). Other than as listed in Schedule ‎3.13(j)(i) of

the Company Disclosure Letter, neither the Company nor its Subsidiary are delinquent in any payments to any employees or Contingent Workers

for any wages, salaries, commissions, bonuses, fees, benefits and other compensation due to or on behalf of such employees or Contingent

Workers or amounts required to be reimbursed to such employees or Contingent Workers. Other than as listed in Schedule ‎3.13(j)(ii)

of the Company Disclosure Letter, neither the Company nor its Subsidiary is liable for any payment to any trust or other fund or to any

Governmental Entity, with respect to social benefits or other benefits or obligations for employees (other than routine payments to be

made in the normal course of business and consistent with past practice). There are no pending claims against the Company or its Subsidiary

under any Company Employee Plan or for long term disability. There are no controversies pending or, to the knowledge of the Company, threatened,

between the Company or its Subsidiary and any of their respective employees or Contingent Workers, which controversies have or would reasonably

be expected to result in a Legal Proceeding before any Governmental Entity. Other than as listed in Schedule ‎3.13(j)(iii) of

the Company Disclosure Letter, currently and since their incorporation, the Company and its Subsidiary are not, and have not been involved

in, any form of litigation, governmental audit, governmental investigation, administrative agency proceeding, private dispute resolution

procedure, or internal or external investigation of alleged employee misconduct, in each case with respect to employment or labor matters

(including but not limited to allegations of employment discrimination, retaliation, noncompliance with wage and hour laws, the misclassification

of independent contractors, violation of restrictive covenants, sexual harassment, other unlawful harassment or unfair labor practices).

No employee or Contingent Worker is eligible to earn commission, incentive compensation, or other post-employment or post-engagement compensation

payments after the end of their employment or engagement with the Company or its Subsidiary. Except as set forth on Schedule 3.13(j)(iv)

of the Company Disclosure Letter, each Employee and each Contingent Worker has executed a written agreement with the Company or its Subsidiary,

as applicable, containing customary confidentiality and intellectual property assignment provisions.

42

(k) The

Company for itself and for its Subsidiary has provided to Acquirer true, correct and complete copies of each of the following (to the

extent exist): (i) all current forms of employment agreements and severance agreements, (ii) all current forms of services agreements

with Contingent Workers and/or advisory board members, (iii) all current forms of confidentiality, non-competition or inventions agreements

between employees or Contingent Workers and, on the other hand, the Company or its Subsidiary, (iv) the most current management organization

chart, (v) all current forms of bonus plans and any form award agreement thereunder and (vi) a schedule of bonus commitments made to Company

Employees.

(l) Neither

the Company nor its Subsidiary is and has not at any time been a party to or bound by any collective bargaining agreement, works council

arrangement or other labor union Contract. No collective bargaining agreement, works council arrangement or other labor union Contract

is being negotiated by the Company or its Subsidiary and neither the Company nor its Subsidiary has any duty to bargain with any labor

organization or other person purporting to act as exclusive bargaining representative of any employees or Contingent Workers. Other than

as listed in Schedule ‎3.13(l)(i) of the Company Disclosure Letter, to the knowledge of the Company, the Company is not and

no Company Employee benefits from any extension order (tzavei harchava) except for extension orders which generally apply to all

employees in Israel, and there are no labor organizations representing, and to the knowledge of the Company there are no labor organizations

purporting to represent or seeking to represent any Company Employees. To the knowledge of the Company, there are no, and have not been,

activities or proceedings of any labor union or to organize their respective employees. There is no, and there has not been any, labor

dispute, strike, lockout, work stoppage, or any concerted interference with normal operations against the Company or its Subsidiary pending

or, to the knowledge of the Company, threatened against, affecting, or that may interfere with the conduct of the Business. Other than

as listed in Schedule ‎3.13(l)(ii) of the Company Disclosure Letter, the Company and its Subsidiary are not and have never

been a member of any employers’ association or organization. Other than as listed in Schedule ‎3.13(l)(iii) of the Company

Disclosure Letter, the Company and its Subsidiary have never paid, been required to pay nor been requested to pay any payment (including

professional organizational handling charges) to any employers’ association or organization. To the knowledge of the Company there

is no charge or complaint against the Company or its Subsidiary by any Governmental Entity pending or, to the knowledge of the Company,

threatened.

(m) To

the knowledge of the Company, no Company Employee is in violation of any term of any employment agreement, confidentiality agreement,

non-competition agreement, any restrictive covenant or any other agreement or obligation to a former employer or other third party relating

to the right of any such employee to be employed by the Company or its Subsidiary because of the nature of the Business or to the use

of trade secrets or proprietary information of others. To the knowledge of the Company, no Contingent Worker of the Company or its Subsidiary

is in violation of any term of any confidentiality agreement, non-competition agreement, any restrictive covenant or any other agreement

or obligation to a former employer or other third party relating to the right of any such Contingent Worker to be providing services to

the Company or its Subsidiary because of the nature of the Business or to the use of trade secrets or proprietary information of others.

Except as set forth on Schedule ‎3.13(m)(i) of the Company Disclosure Letter, the employment of each of the employees of the

Company can be terminated by the Company in accordance with applicable law. Except as set forth on Schedule ‎3.13(m)(ii) of

the Company Disclosure Letter, neither the Company nor its Subsidiary has any obligation to provide a period of notice prior to terminating

the employment or engagement of their respective employees or Contingent Workers, as applicable, which is longer than thirty (30) days.

Except as set forth on Schedule ‎3.13(m)(iii) of the Company Disclosure Letter, as of the Agreement Date, neither the Company

nor its Subsidiary has, (1) entered into any Contract that obligates or purports to obligate Acquirer to make an offer of employment to,

or to continue to employ or engage without the ability to terminate, any present or former employee or Contingent Worker of the Company

or any Subsidiary and/or (2) promised or otherwise provided any assurances (contingent or otherwise) to any present or former employee

or Contingent Worker of the Company or its Subsidiary of any terms or conditions of employment with Acquirer following the Closing.

43

(n) To

the knowledge of the Company, no Company Employee has received or accepted an offer to join a business or has active plans to engage in

business activities that may be deemed to be competitive with the Business.

(o) Except

as set forth on Schedule ‎3.13‎(o) of the Company Disclosure Letter, to the knowledge of the Company, the Company and its

Subsidiary do not currently engage and have never engaged any employee or Contingent Worker, whose employment or engagement requires special

licenses or permits.

(p) There

are no formal performance improvement plans or disciplinary actions contemplated or pending against any of the Company’s or its

Subsidiary’s employees. No claims or allegations have been made, either internally or externally, against the Company or its Subsidiary,

or, to the knowledge of the Company, any Employee or Contingent Worker thereof, for discrimination, sexual or other harassment, or retaliation,

nor are any such claims threatened in writing, pending, or, to the knowledge of the Company, threatened verbally. To the knowledge of

the Company, there are no facts that could reasonably be expected to give rise to a claim of sexual harassment or other discriminatory

harassment against or involving the Company, its Subsidiary, or any employee, director or Contingent Worker of the Company or its Subsidiary.

The Company and its Subsidiary have maintained policies prohibiting sexual harassment and all other forms of discriminatory harassment,

and providing complaint and investigation procedures with respect to applicable law. Any and all such policies have conformed with applicable

legal requirements, including, as applicable, with respect to Contingent Workers. The Company and its Subsidiary have complied with any

material and customary applicable legal requirements with respect to training concerning prevention of sexual harassment.

(q) Except

as set forth on Schedule ‎3.13(q) of the Company Disclosure Letter, none of the execution, delivery and performance of this

Agreement, the consummation of the Transactions, any termination of employment or service and any other event in connection therewith

or subsequent thereto could, individually or together or with the occurrence of some other event (whether contingent or otherwise), (i)

result in any payment or benefit including severance (other than the payment of statutory severance pay or termination related benefits

when it is required under Israeli Law), unemployment compensation, golden parachute, bonus or otherwise becoming due or payable, or required

to be provided, to any current Employee, director, or Contingent Worker, (ii) increase the amount or value of any benefit or compensation

otherwise payable or required to be provided to any current Employee, director, or Contingent Worker, (iii) result in the acceleration

of the time of payment, vesting or funding or delivery of any such benefit or compensation, (iv) increase the amount of compensation due

to any employee or Contingent Worker by the Company or (v) result in the forgiveness in whole or in part of any outstanding loans made

by the Company or its Subsidiary to any employee or Contingent Worker.

44

(r) Without

derogating from any of the above representations, the Company’s liability towards its employees regarding severance pay, accrued

vacation and contributions to all Company Employee Plans with respect to the employees are fully funded or if not required by any source

to be funded are accrued on the Company’s financial statements as of the date of such financial statements. Except as set forth

on Schedule ‎3.13(r)(i) of the Company Disclosure Letter, Section 14 Arrangement was properly applied in accordance with the

terms of the general permit issued by the Israeli Labor Minister regarding all current employees of the Company or its Subsidiary who

reside in Israel based on their full salaries and from their commencement date of employment. Except as set forth on Schedule 3.13(r)(ii)

of the Company Disclosure Letter, upon the termination of employment of Israeli Company Employees, the Company will not have to make any

payment under the Severance Pay Law 5723-1963, except for release of the funds accumulated in accordance with the Section 14 Arrangement.

All amounts that the Company is legally or contractually required to either (i) deduct from its employees’ salaries and any other

compensation or benefit or to transfer to such employees’ Company Employee Plan or (ii) withhold from employees’ salaries

and any other compensation or benefit and to pay to any Governmental Entity as required by any Applicable Law have in either case, been

duly deducted, transferred, withheld and paid, and the Company does not have any outstanding obligation to make any such deduction, transfer,

withholding or payment (other than routine payments, deductions or withholdings to be timely made in the ordinary course of business and

consistent with past practice).

3.14 Interested-Party

Transactions. Except as set forth on Schedule ‎3.14,

none of the officers and directors of the Company or its Subsidiary and none of the Company Shareholders, and, to the knowledge of the

Company, none of the immediate family members of any of the foregoing, (i) has any direct or indirect ownership, participation, royalty

or other interest in, or is an officer, director, employee of or consultant or contractor for any firm, partnership, entity or corporation

that directly competes with, or does business with, or has any contractual arrangement with, the Company or its Subsidiary (except with

respect to any interest in less than 1% of the stock of any corporation whose stock is publicly traded), (ii) is a party to, or to the

knowledge of the Company, otherwise directly or indirectly has a personal interest in, any Contract to which the Company or its Subsidiary

is a party or by which the Company or its Subsidiary or any of their respective assets are bound, except for bona fide compensation for

services as an officer, director or employee thereof or related D&O insurance, indemnification and exemption agreements or (iii) to

the knowledge of the Company, has any interest in any property, real or personal, tangible or intangible (including any Intellectual Property)

that is used in, or that relates to, the Business, except for the rights of Company Shareholders under Applicable Law.

3.15 Insurance. The Company and its Subsidiary maintain the policies

of insurance and bonds set forth in Schedule ‎3.15 of the Company Disclosure Letter, including all legally required workers’

compensation insurance and errors and omissions, casualty, fire, cybersecurity and general liability insurance. Schedule ‎3.15

of the Company Disclosure Letter sets forth the name of the insurer under each such policy and bond, the type of policy or bond, the coverage

amount and any applicable deductible and all material claims made under such policies and bonds since inception. The Company has provided

to Acquirer true, correct and complete copies of all material details of such policies of insurance and bonds issued at the request or

for the benefit of the Company and its Subsidiary. There is no claim pending under any of such policies or bonds as to which coverage

has been questioned, denied or disputed by the underwriters of such policies or bonds. All premiums due and payable under all such policies

and bonds have been timely paid and the Company and its Subsidiary are otherwise in compliance with the terms of such policies and bonds.

All such policies and bonds remain in full force and effect, and the Company has no knowledge of any threatened termination of, any of

such policies or bonds.

45

3.16 Books

and Records. The Company has provided to Acquirer true, correct

and complete copies of each document that has been requested by Acquirer in connection with their legal and accounting review of the Company

and its Subsidiary (other than any such document that does not exist or is not in the Company’s or its Subsidiary’s possession

or subject to its control). There has not been any material violation of any of the provisions of the Charter Documents, including all

amendments thereto, and the Company has not taken any action that is inconsistent in any material respect with any resolution adopted

by the Company Shareholders or the Board. The books, records and accounts of the Company and its Subsidiary (A) are true, correct and

complete in all material respects, (B) have been maintained in accordance with reasonable business practices on a basis consistent

with prior years, (C) are stated in reasonable detail and accurately and fairly reflect all of the transactions and dispositions of the

assets and properties of the Company and its Subsidiary and (D) accurately and fairly reflect the basis for the Financial Statements.

3.17 Material Contracts.

(a) Schedules ‎3.17(a)(i)

through ‎(xxv) of the Company Disclosure Letter set forth a list of each of the following Contracts to which the Company or

its Subsidiary is a party that are in effect on the Agreement Date (collectively, the “Material Contracts”):

(i) any

Contract with a (A) Significant Customer/Distributor or (B) Significant Supplier;

(ii) any

Contract providing for payments by or to the Company or its Subsidiary (or under which the Company or its Subsidiary has made or received

such payments) in an aggregate annual amount of $50,000 or more;

(iii) any

dealer, distributor, referral or similar agreement, or any Contract providing for the grant of rights to reproduce, license, market, refer

or sell its products or services to any other Person or relating to the advertising or promotion of the Business or pursuant to which

any third-parties advertise on any websites operated by the Company, and with respect thereto, the aggregate amounts due or to become

due to such dealers, distributors, referral agents or third parties holding a similar position on account of such services prior to such

date for existing backlog. Other than as set forth in Schedule ‎3.17(a)(iii), there are (x) no referral fees, royalty payments

or commissions which are due under any such Contract and (y) no third parties that are entitled to compensation of any nature for introduction

or referral of business;

(iv) (A)

any joint venture Contract, (B) any Contract that involves a sharing of revenues, profits, cash flows, expenses or losses with other Persons

and (C) any Contract that involves the payment by the Company or its Subsidiary of royalties to any other Person;

46

(v) any

(i) separation agreement, (ii) severance agreement or (iii) other Contract, in each case of (i), (ii) and (iii), providing for the payment

of compensation or benefits upon or in connection with this Agreement (other than the Employment Agreements, or payments made under this

Agreement) with any current or former Employees or Contingent Workers under which the Company or its Subsidiary has any actual or potential

Liability;

(vi) any

Contract for or relating to the employment or service of any director, officer, or Company Shareholder of more than 5% of the total shares

of Company Shares or any other type of Contract with any of the Company’s or the Company’s Subsidiary’s officers, or

Company Shareholder of more than 5% of the total shares of Company Shares, as the case may be;

(vii) any

Contract (A) pursuant to which any other party is granted exclusive rights or “most favored party” rights of any type or scope

with respect to any of the Company Products, Company Intellectual Property or Company Data; (B) that limits or would limit the freedom

of the Company or its Subsidiary or any of their respective successors or assigns or their respective Affiliates to (I) engage or participate

with any other Person, in any line of business, market or geographic area with respect to the Company Products or the Company Intellectual

Property, or to grant by the Company or its Subsidiary of exclusive rights or licenses, (II) sell, distribute or manufacture any products

or services or to purchase or otherwise obtain any software, components, parts or services or (III) solicit the employment or engagement

of, or hire or engage, any potential employees or contractors; or (C) containing any “take or pay,” minimum commitments or

similar provisions;

(viii) any

standstill or similar agreement containing provisions prohibiting a third party from purchasing Equity Interests of the Company or its

Subsidiary or, in each case, the assets of the Company or its Subsidiary or otherwise seeking to influence or exercise control over the

Company or its Subsidiary;

(ix) other

than Contracts for Off-the-Shelf Software, all licenses, sublicenses and other Contracts to which the Company or its Subsidiary is a party

and pursuant to which the Company or its Subsidiary acquired or is authorized to use any Third-Party Intellectual Property;

(x) any

license, sublicense or other Contract to which the Company or its Subsidiary is a party and pursuant to which any Person is authorized

to use any Company-Owned Intellectual Property, other than any Contract entered into in substantial conformance with the Company’s

or its Subsidiary’s standard form of agreement, a copy of which has been provided to Acquirer;

(xi) any

license, sublicense or other Contract pursuant to which the Company or its Subsidiary has agreed to any restriction on the right of the

Company or its Subsidiary to use or enforce any Company-Owned Intellectual Property rights or pursuant to which the Company or its Subsidiary

agrees to encumber, transfer or sell rights in or with respect to any Company-Owned Intellectual Property rights;

(xii) any

Contracts relating to the membership of, or participation by, the Company or its Subsidiary in, or the affiliation of the Company or its

Subsidiary with, any industry standards group or association;

47

(xiii) any

Contract providing for the development of any software, technology or Intellectual Property Rights, independently or jointly, either by

or for the Company or its Subsidiary (other than employee invention assignment agreements and consulting agreements with Authors on the

Company’s or its Subsidiary’s standard form of agreement, copies of which have been provided to Acquirer);

(xiv) any

confidentiality, secrecy or non-disclosure Contract other than any such Contract entered into by the Company or its Subsidiary in the

ordinary course of business consistent with past practice;

(xv) any

Contract to license or authorize any third party to manufacture, reproduce or license any of the Company Products or Company Intellectual

Property;

(xvi) any

settlement agreement with respect to any Legal Proceeding entered into in the last 5 years, including any threatened Legal Proceeding

threatened;

(xvii) any

Contract pursuant to which rights of any third party are triggered or become exercisable, in connection with or as a result of the execution

of this Agreement or the consummation of the Share Purchase or the other Transactions, either alone or in combination with any other event;

(xviii) any

Contract or plan (including any share option, merger and/or share bonus plan) relating to the sale, issuance, grant, exercise, award,

purchase, repurchase or redemption of any shares of Company Shares or any other securities of the Company or its Subsidiary or, in each

case, any options, warrants, convertible notes or other rights to purchase or otherwise acquire any such shares of Company Shares, other

securities or options, warrants or other rights therefor, except for the repurchase rights disclosed on Schedule ‎3.2(a) or

Schedule ‎3.2(c) of the Company Disclosure Letter, other than the Company Option Plan and Contracts providing for Equity Interests

thereunder;

(xix) any

Contract with any labor union or other labor organization or any collective bargaining agreement or similar Contract with its Employees

or other person purporting to act as exclusive bargaining representative of any employees or Contingent Workers;

(xx) any

trust indenture, mortgage, promissory note, loan agreement or other Contract for the borrowing of money, any currency exchange, commodities

or other hedging arrangement or any leasing transaction of the type required to be capitalized in accordance with Israeli GAAP;

(xxi) any

Contract of guarantee, surety, support, indemnification (other than pursuant to its standard end user agreements), assumption or endorsement

of, or any similar commitment with respect to, the Liabilities or indebtedness of any other Person;

(xxii) any

Contract for capital expenditures in excess of $50,000 in the aggregate on an annual basis;

48

(xxiii) any

Contract pursuant to which the Company or its Subsidiary is a lessor or lessee of any real property or any machinery, equipment, motor

vehicles, office furniture, fixtures or other material property;

(xxiv) any

Contract pursuant to which the Company or its Subsidiary has acquired a business or entity, or assets of a business or entity, whether

by way of merger, consolidation, purchase of stock, purchase of assets, license or otherwise, or any Contract pursuant to which it has

any material ownership interest in any other Person;

(xxv) any

Contract with any Governmental Entity, any Company Authorization, or any Contract with a government prime contractor or higher-tier government

subcontractor (in their capacity as such), including any indefinite delivery/indefinite quantity contract, firm-fixed-price contract,

schedule contract, blanket purchase agreement, or task or delivery order (each a “Government Contract”);

(xxvi) any

Contract that is between the Company and its Subsidiary;

(xxvii) any

Contract pursuant to which an Encumbrance is currently placed on any assets (including tangible and intangible assets) or properties of

the Company or its Subsidiary; and

(xxviii) any

Contract relating to the voting and any other rights or obligations of the Company Shareholders.

(b) All

Material Contracts are in written form. Each of the Company and each Subsidiary has performed all of the material obligations required

to be performed by it and is entitled to all benefits under, and is not alleged to be in material default in respect of, any Material

Contract. Each of the Material Contracts is in full force and effect in accordance with its terms, subject only to the effect, if any,

of applicable bankruptcy and other similar Applicable Law affecting the rights of creditors generally and rules of law governing specific

performance, injunctive relief and other equitable remedies. Except as set forth in Schedule ‎3.17‎(b), there exists no

material default or event of default or event, occurrence, condition or act, with respect to either the Company or its Subsidiary or to

the knowledge of the Company, with respect to any other contracting party, that, with the giving of notice, the lapse of time or the happening

of any other event or condition, would reasonably be expected to (i) become a material default or event of default under any Material

Contract or (ii) give any third party (A) the right to declare a material default or exercise any remedy under any Material

Contract, (B) the right to a rebate, chargeback, refund, credit, penalty or change in delivery schedule under any Material Contract, (C) the

right to accelerate the maturity or performance of any obligation of the Company or its Subsidiary under any Material Contract or (D) the

right to cancel, terminate or modify any Material Contract. Neither the Company nor its Subsidiary has received any notice or other communication

regarding any actual or possible violation or breach of, default under, or intention to cancel or modify any Material Contract. Neither

the Company nor its Subsidiary has any Liability for renegotiation of Government Contracts. True, correct and complete copies of all Material

Contracts have been provided to Acquirer at least three (3) Business Days prior to the Agreement Date.

3.18 Real Estate.

(a) Schedule

‎3.18(a) of the Company Disclosure Letter sets forth a complete and accurate list of all Leases and any guaranties with respect

thereto to which the Company is bound, setting forth for each such Lease, the name of the landlord, the expiration date, the amount of

the bank guarantee or security deposit paid by the Company for such Lease.

49

(b) The

Company has provided to Acquirer a true and correct copy of each Lease and any guaranties with respect thereto, in each case, required

to be listed in Schedule ‎3.18(a) of the Company Disclosure Letter. Each such Lease is in full force and effect and is valid,

binding and enforceable in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, moratorium

or other similar laws affecting or relating to creditors’ rights generally, and general principles of equity, regardless of whether

asserted in a proceeding in equity or at law. Except as set forth on Schedule ‎3.18‎(b) of the Company Disclosure Letter,

neither the Company, nor, to the Company’s knowledge, the applicable landlord, sublandlord or licensor is in default under any Lease.

No Lease has been cancelled, mutually terminated or to the Company’s knowledge, challenged in writing wholly or in part, and to

the Company’s knowledge, such cancellation, termination or challenge has not been directly and overtly threatened neither for now

nor the future and no side agreements have been made by the Company with respect to the properties subject to any Lease. The possession

and quiet enjoyment by the Company of the premises which are the subject of each Lease has not been disturbed. The Company has not transferred

or assigned any Lease or sublet or sub-sublet any portion of the property covered by any Leases. The Company has paid all rents, operating

expenses and other additional charges in full to the extent such rents, operating expenses and charges are due and payable under each

Lease.

(c) The

Company does not own, and has never owned, any real property.

3.19 Accounts

Receivable/Payable. Subject to any reserves set forth therein, the accounts receivable and

accounts payable shown on the Company Balance Sheet are valid and genuine, have arisen, or arose, solely out of bona fide sales and

deliveries of goods, performance of services, and other business transactions in the ordinary course of business consistent with

past practice in each case with persons other than Affiliates, are not subject to any prior assignment, Encumbrance or security

interest. Such accounts receivable are collectible in accordance with their terms at their recorded amounts. Prior to the Closing,

the Company and the Subsidiary have been paying their accounts payable in the ordinary course, consistent with past

practice.

3.20 Broker Fee. Except as set forth in Schedule ‎3.20

of the Company Disclosure Letter, no broker, finder, financial advisor, investment banker or similar Person is entitled to any brokerage,

finder’s or other fee or commission in connection with the origin, negotiation or execution of this Agreement or in connection with

the Transactions.

3.21 Anti-Corruption

Law.

(d) Neither

the Company nor its Subsidiary nor, in each case, any of its Representatives (acting in their capacities as such) has, directly or indirectly

through its representatives or any Person authorized to act on its behalf (including any distributor, agent, sales intermediary or other

third party), (i) violated any Anti-Corruption Law or (ii) offered, given, promised to give or authorized the giving of money or

anything of value, to any Government Official or to any other Person: (A) for the purpose of (1) corruptly or improperly influencing

any act or decision of any Government Official in their official capacity, (2) inducing any Government Official to do or omit to do any

act in violation of their lawful duties, (3) securing any improper advantage or (4) inducing any Government Official to use his or her

respective influence with a Governmental Entity to affect any act or decision of such Governmental Entity or (B) in a manner that would

constitute or have the purpose or effect of public or commercial bribery, acceptance of, or acquiescence in, extortion, kickbacks or other

unlawful or improper means of obtaining business or any improper advantage.

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(e) The

Company has maintained, and has caused its Subsidiary to maintain, systems of internal controls (including, but not limited to, accounting

systems, purchasing systems and billing systems) and written policies to ensure compliance with Anti-Corruption Laws, and to ensure that

all books and records of the Company and its Subsidiary accurately and fairly reflect, in reasonable detail, all transactions and dispositions

of funds and assets, payments to any agents, consultants, representatives, third parties and Government Officials, in accordance with

Israeli GAAP, and has made available all of such documentation to Acquirer. Neither the Company nor the Subsidiary has made any false

or fictitious entries in the books and records of the Company and its Subsidiary relating to any unlawful offer, payment, promise to pay

or authorization of the payment of any money, or unlawful offer, gift, promise to give, or authorization of the giving of anything of

value, including any bribe, kickback or other illegal or improper payment, or has established or maintained a secret or unrecorded fund

or account.

(f) Neither

the Company nor its Subsidiary nor, in each case, any of its Representatives (acting in their capacities as such) has been convicted of

violating any Anti-Corruption Law or subjected to any investigation or proceeding by a Governmental Entity for potential corruption, fraud

or violation of any Anti-Corruption Law.

3.22 Environmental,

Health and Safety Matters.

(a) Each

of the Company and its Subsidiary is in compliance in all material respects, and to an extent applicable to the conduct of its business

as presently conducted, with all material Environmental, Health and Safety Requirements in connection with the ownership, use, maintenance

or operation of its business or tangible assets or properties. There are no pending, or to the knowledge of the Company or its Subsidiary,

any threatened allegations by any Person that the properties or tangible assets of the Company or its Subsidiary are not, or in each case

that its or their business has not been conducted, in compliance with all Environmental, Health and Safety Requirements. Neither the Company

nor its Subsidiary has retained or assumed any Liability of any other Person under any Environmental, Health and Safety Requirements.

To the knowledge of the Company, there are no past or present facts, circumstances or conditions that would reasonably be expected to

give rise to any Liability of the Company or its Subsidiary with respect to Environmental, Health and Safety Requirements.

(b) Each

of the Company and its Subsidiary has all material licenses, permits, certificates, approvals, registrations, franchises, variances, exemptions,

orders and other governmental authorizations, consents, approvals and clearances of, and has submitted all required notices to, any Governmental

Entity that are required under applicable Environmental, Health and Safety Requirements, solely to the extent applicable for the Company

to own, lease and operate its properties or other assets and to carry on its business as presently conducted, with respect to the development,

manufacture, distribution, use, generation, treatment, storage, transport, handling or recycling directly by the Company (the “Environmental

Permits”), and all such Environmental Permits are valid, and in full force and effect. Each of the Company and its Subsidiary

has fulfilled and performed in all material respects their respective obligations under each Environmental Permit, and no event has occurred

that constitutes or, after written notice or lapse of time or both, would constitute a material breach or default under any Environmental

Permit or that permits or, after written notice or lapse of time or both, would result in revocation or termination of any Environmental

Permit, or that might adversely affect in any material respect the rights of the Company under any Environmental Permit.

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3.23 Export

Control Laws. The Company and its Subsidiary, and, to the knowledge of the Company, their respective directors, officers,

employees, agents, distributors, Affiliates, and other Persons associated with or acting on their behalf, have at all times been in

compliance with and conducted their export transactions in accordance with, all applicable Israeli import/export control laws and

Israeli Laws which restrict or prohibit the carrying on of business with individuals, corporations or countries, and other Israeli

Laws regulating the development, commercialization, transfer, provision, import or export of technology or services, including

without limitation, the Israeli Defense Export Control Law, 2007, the Israeli Order of Import and Export (Supervision of Export of

Dual Use Goods, Services and Technologies), 2006, the Israeli Trading with the Enemy Ordinance, 1939, as amended, and any

regulations and orders promulgated under or related to any of the foregoing, as well as with applicable U.S. export, reexport,

transfer (in-country), import, anti-boycott, economic and trade sanctions laws, regulations, statutes, and orders, including the

Export Control Reform Act and Export Administration Regulations (EAR), the Arms Export Control Act and International Traffic in Arms

Regulations (ITAR), and the economic and trade sanctions regulations administered by the Office of Foreign Assets Control of the

U.S. Department of the Treasury and all other Applicable Laws, regulations, statutes, and orders in other countries in which the

Company or its Subsidiary conducts business (collectively, “Trade Laws”). Without limiting the foregoing:

(i) each of the Company and its Subsidiary has obtained, or is otherwise qualified to rely upon, and has at all times been in

compliance with, all export and import licenses, license exceptions and other consents, notices, waivers, approvals, orders,

authorizations, registrations, declarations and filings with any Governmental Entity required for (A) the export, import and

re-export of products, services, software and technologies and (B) releases of technologies and software to foreign nationals,

wherever located (collectively, “Trade Approvals”), (ii) neither the Company nor its Subsidiary nor any of

their respective directors, officers, Employees, agents, distributors, Affiliates, or other Persons associated with or acting on

their behalf is a Person with whom dealings are prohibited or restricted under any Trade Laws and Regulations, including as a result

of: (1) being named on any list of Persons subject to prohibitions or restrictions under any Trade Laws and Regulations, (2) being

located, organized, or resident in any jurisdiction subject to comprehensive sanctions programs administered by the U.S. Department

of the Treasury’s Office of Foreign Assets Control (currently, the so-called Donetsk People’s Republic (DNR) and Luhansk People’s

Republic (LNR) regions of Ukraine, the Crimea region of Ukraine, Cuba, Iran, Lebanon, North Korea and Syria) (each, a

“Sanctioned Jurisdiction”), or (3) a relationship of ownership or control with a Person named in (1) or

(2) above (any such Person, a “Sanctioned Person”) (as ownership or control is established or defined

under relevant sanctions laws), (iii) neither Company nor the Company Subsidiary nor any of their respective directors, officers,

Employees, agents, distributors, Affiliates, or other Person associated with or acting on their behalf has engaged or is currently

engaged in any dealings or transactions directly or indirectly involving any Sanctioned Person or Sanctioned Jurisdiction, and (iv)

there are no pending or, to the knowledge of the Company, threatened inquiries, investigations, enforcement actions, voluntary

disclosures or other claims against the Company or its Subsidiary, nor any actions, conditions, facts, or circumstances that would

reasonably be expected to give rise to any future claims, with respect to Trade Laws or Trade Approvals. Schedule ‎3.23

of the Company Disclosure Letter identifies each Trade Approval received by the Company to include any licenses, registrations or

filings with the U.S. Directorate of Defense Trade Controls (DDTC), the Committee on Foreign Investment in the U.S. (CFIUS), the

Israeli Defense Export Control Agency (DECA), the Israeli Ministry of Defense (IMOD), or any other similar entities. The Company

does not use or develop, or engage in, encryption technology, technology with military applications, or other technology in a

manner that is restricted under Israeli Law, and except as set forth in Schedule 3.23, no Company business and/or operation

requires the Company to obtain a license from the Israeli Ministry of Defense (IMOD) or Israeli Ministry of Economy or an authorized

body thereof, including without limitation pursuant to the Control of Products and Services Order (Export of Warfare Equipment and

Defense Information), 1991, as amended, the Law of Regulation of Security Exports, 5767-2007, or under any other legislation

regulating the development, commercialization or export of technology and/or encryption under any Applicable Law. The Company has

not developed any of its own encryption means and the Company’s or the Subsidiary’s products, services or technology do

not contain any encryption means developed by the Company. The Company and its Subsidiary maintain written internal policies,

procedures and controls designed to ensure ongoing compliance with Trade Laws, including in respect of license management and

restricted party screening.

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3.24 Customers

and Distributors. The Company and its Subsidiary do not have any outstanding material disputes concerning any Company Products

with any customer or distributor who, during the last seven years, was one of ten (10) largest sources of revenues for the Company,

based on amounts paid or payable with respect to such periods (each, a “Significant

Customer/Distributor”), and, to the knowledge of the Company, there is no material dissatisfaction on the part of any

Significant Customer/Distributor with respect to any Company Products. Each Significant Customer/Distributor is listed on Schedule

‎3.24 of the Company Disclosure Letter. Neither the Company nor its Subsidiary has received any notification from any

Significant Customer/Distributor that such Significant Customer/Distributor shall not continue as a customer of the Company and/or

its Subsidiary, as applicable (or Acquirer) after the Closing or that such Significant Customer/Distributor intends to terminate or

materially modify existing Contracts with the Company and/or its Subsidiary, as applicable (or Acquirer). Neither the Company nor

its Subsidiary has had any Company Products returned by a purchaser thereof except for normal warranty returns consistent with past

history that would not result in a reversal of any revenue by the Company and/or its Subsidiary, as applicable.

3.25 Suppliers.

The Company and its Subsidiary do not have any outstanding material disputes concerning products and/or services provided by any

supplier who (i) during the last seven years, was one of the ten (10) largest suppliers of products and/or services to the Company

and its Subsidiary, based on the aggregate amounts paid or payable with respect to such periods or (ii) is material to the operation

of the Business (each, a “Significant Supplier”). There is no material dissatisfaction on the part of the

Company or its Subsidiary with respect to any Significant Supplier and, to the knowledge of the Company, there is no material

dissatisfaction on the part of any Significant Supplier with respect to the Company or its Subsidiary. Each Significant Supplier, if

any, is listed on Schedule ‎3.25 of the Company Disclosure Letter. Neither the Company nor its Subsidiary has received

any notification from any Significant Supplier that such supplier shall not continue as a supplier to the Company and/or its

Subsidiary, as applicable (or Acquirer) after the Closing or that such Significant Supplier intends to terminate or materially

modify existing Contracts with the Company and/or its Subsidiary, as applicable (or Acquirer). The Company and its Subsidiary have

access, on commercially reasonable terms, to all products and services reasonably necessary to carry on the Business and, to the

knowledge of the Company, there is no reason why the Company or its Subsidiary, as applicable, will not continue to have such access

on commercially reasonable terms.

3.26 Benefit

Plans. The Company has not adopted, or maintained, any equity plan other than the Company Option Plan. The Company does not have

any liability to the ITA or to any relevant fund or Governmental Authority with respect to any Israeli Benefit Plan. The Company has

made, in time and in full, adequate provisions with respect to the payment of any payment under any Israeli Benefit Plan, including

severance pay provided under the Law, agreement or otherwise. The Company has provided to Acquirer current, true, correct and

complete copies of all material communications to or from the ITA or any other Governmental Authority relating to each Israeli

Benefit Plan (including any filings made with the ITA with respect to each Israeli Benefit Plan and any notices from the ITA), if

any.

3.27 Accuracy

of Information; Disclosure. Neither this Agreement nor any schedule, statement, or certificate furnished by or on behalf of the Company

or any Company Shareholder to Acquirer in connection with this Agreement or any of the transactions contemplated hereby, contains any

untrue statement of a material fact or omits to state a material fact necessary to make the statements contained herein or therein, in

light of the circumstances in which they are made, not misleading.

53

Article

IV

Representations and Warranties of the Company Shareholders

Each Company Shareholder,

severally and not jointly with the other Company Shareholder, represents and warrants to Acquirer in respect of itself, as follows:

4.1 Organization,

Power and Capacity. Such Company Shareholder possesses all requisite

capacity necessary to carry out the Transactions that are required to be carried out by such Company Shareholder.

4.2 Enforceability;

Non-Contravention.

(a) This

Agreement has been duly executed and delivered by such Company Shareholder and, assuming the due execution and delivery of this Agreement

by the other parties hereto, constitutes the valid and legally binding obligation of such Company Shareholder enforceable against such

Company Shareholder in accordance with its terms, except as may be limited by and subject only to the effect, if any, of (i) applicable

bankruptcy, insolvency, reorganization or other laws of general application relating to or affecting the enforcement of creditors’

rights generally and (ii) rules of law governing specific performance, injunctive relief and other equitable remedies.

(b) The

execution, delivery and performance by such Company Shareholder of this Agreement, or its otherwise being bound by it, does not, and the

consummation of the Transactions will not, conflict with, or result in any violation of or default under (with or without notice or lapse

of time, or both), or give rise to a right of termination, cancellation or acceleration of any obligation or loss of any benefit under,

or require any consent, approval or waiver from any Person pursuant to, or result in the creation of any Encumbrance upon the Company

Shares or Company Options pursuant to (i) any Contract or Order to which the Company Shareholder is subject or (ii) any Applicable

Law, except where such conflict, violation, default, termination, cancellation or acceleration, individually or in the aggregate, would

not be material to such Company Shareholder’s ability to consummate the Share Purchase or to perform its obligations under this

Agreement. No consent, approval, order or authorization of, or registration, declaration or filing with, any Governmental Entity or any

other Person is required by such Company Shareholder in connection with the execution and delivery of this Agreement or the consummation

of the Transactions.

4.3 Title to

Securities. Such Company Shareholder owns of record and beneficially the Company Shares and/or Company Options as set forth

opposite his name on Schedule ‎3.2(a) of the Company Disclosure Letter, and has good and valid title to such Company

Shares and/or Company Options, free and clear of all Encumbrances (except for those set forth in the Charter Documents) and, at

Closing, shall deliver to Acquirer good and valid title to such Company Shares and/or Company Options, free and clear of all

Encumbrances and Taxes. Such Company Shareholder does not own, and does not have the right to acquire, directly or indirectly, any

other Company Shares and/or Company Options, except as set forth in Schedule ‎3.2(a) of the Company Disclosure Letter.

Such Company Shareholder is not a party to any option, warrant, purchase right, or other Contract or commitment that could require

such Company Shareholder to sell, transfer, or otherwise dispose of any Company Shares and/or Company Options (other than this

Agreement). Such Company Shareholder is not a party to any voting trust, proxy, or other agreement or understanding with respect to

the voting of any share capital of the Company.

54

4.4 Litigation.

There are no actions, suits, arbitrations, mediations, proceedings or claims pending or, to the knowledge of such Company

Shareholder, threatened against such Company Shareholder that seek to restrain or enjoin the consummation of the Transactions.

4.5 Solvency.

Such Company Shareholder is not bankrupt or insolvent and has not proposed a voluntary arrangement or made or proposed any

arrangement or composition with such Company Shareholder’s creditors or any class of such creditors, and no petition in

respect of any such arrangement or composition has been presented. The consummation of the Share Purchase and the other Transactions

shall not constitute a fraudulent transfer by such Company Shareholder under applicable bankruptcy and other similar laws relating

to bankruptcy and insolvency of such Company Shareholder.

4.6 Broker

Fee. No broker, finder, financial advisor, investment banker or similar Person is entitled to any brokerage, finder’s or

other fee or commission from such Company Shareholder in connection with the origin, negotiation or execution of this Agreement or

in connection with the Transactions.

4.7 Tax

Matters. Such Company Shareholder has had an opportunity to review with his, her or its own tax advisors the tax consequences of

the Transaction Documents, the Transactions and the other transactions contemplated hereby and thereby. Such Company Shareholder

understands that he, she or it must rely solely on his, her or its advisors and not on any statements or representations made by

Acquirer, the Company or any of their agents or representatives. Such Company Shareholder understands that such Company Shareholder

(and not Acquirer, the Company or any of their respective Affiliates) shall be responsible for any tax liability for such Company

Shareholder that may arise as a result of the Transaction Documents, the Transactions and the other transactions contemplated hereby

and thereby.

4.8 Withholding

Information. All information provided, or to be provided, to Acquirer, the Paying Agent or to the ITA, by or on behalf of any

Company Shareholder for purposes of enabling Acquirer, the Paying Agent or the ITA to determine the amount of Tax to be deducted and

withheld, if any, from the consideration payable to such Company Shareholder pursuant to this Agreement and for the ITA to issue a

Valid Tax Certificate is and will be true, correct and complete when provided and provides full disclosure of all the relevant facts

relating to such Company Shareholder.

4.9 Investor

Questionnaires. The Investor Questionnaire provided to Acquirer by such Company Shareholder and all information contained therein

is fully true, correct and complete including without limitation the following:

(a) Such

Person is receiving Acquirer Common Stock for investment solely for such Person’s own account and not with a view to or for sale

in connection with any distribution thereof in violation of any Applicable Law, including without limitation, any federal securities laws,

state securities laws or this Agreement.

(b) At

the time such Person was offered the Acquirer Common Stock, such Person had, and as of the date hereof, has, such knowledge and experience

in financial and business matters that he is capable of evaluating the merits and risks of the acquisition of Acquirer Common Stock, and

in each case has consulted with counsel and other advisors prior to entering into this Agreement.

55

(c) Such

Person has had an opportunity to ask questions and receive answers concerning the capitalization of Acquirer, the terms of this Agreement

and the financial condition and operations of Acquirer and its subsidiaries.

(d) Such

Person shall confirm whether such Person is either an Accredited Investor or is not a U.S. Person (as defined in Regulation S. under the

Securities Act).

(e) Such

Person understands that that the issuance of Acquirer Common Stock has not been registered under the Securities Act and as a result must

be held indefinitely unless the resale thereof is registered under the Securities Act or an exemption from such registration is available

but that the Acquirer Common Stock shall be registered for resale in accordance with the Registration Rights Agreement.

4.10 Experience;

No Reliance. Such Company Shareholder has received and reviewed a copy of this Agreement and any of the Transaction Documents to which

it is a party or by which it is bound. Such Company Shareholder has such experience in business and financial matters to enable such Company

Shareholder to understand and evaluate this Agreement and form an investment decision with respect to the Acquirer Common Stock. Such

Company Shareholder has independently and without reliance upon the Company, any Subsidiary, or Acquirer, made its own analysis and decision

to enter into the Transaction Documents. Such Company Shareholder acknowledges that Acquirer is entering into this Agreement in reliance

on such Company Shareholder’s execution and delivery of the Transaction Documents and such Company Shareholder’s agreement

to be bound thereby, including with respect to such Company Shareholder’s indemnification obligations hereunder.

4.11 Accuracy

of Information; Disclosure. Neither this Agreement nor any schedule, statement, or certificate furnished by or on behalf of such Company

Shareholder to Acquirer in connection with this Agreement or any of the transactions contemplated hereby, contains any untrue statement

of a material fact or omits to state a material fact necessary to make the statements contained herein or therein, in light of the circumstances

in which they are made, not misleading.

Article

V

Representations and Warranties of Acquirer

Acquirer represents and warrants to the Company

as follows:

5.1 Organization

and Standing. Acquirer is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction

of incorporation. Acquirer is not in violation of any of the provisions of its articles or certificate of incorporation, as

applicable, or bylaws or equivalent organizational or governing documents.

56

5.2 Authority;

Non-Contravention. Acquirer has all requisite corporate power and authority to enter into this Agreement and any other

Transaction Document to which it is a party and to consummate the Transactions. The execution and delivery of this Agreement and the

other Transaction Documents by Acquirer and the consummation of the Transactions have been duly authorized by all necessary

corporate action on the part of Acquirer, and no other corporate proceedings on the part of Acquirer are necessary for it to

authorize this Agreement or to consummate the Transactions and the other transactions contemplated hereby. This Agreement and the

other Transaction Documents have been duly executed and delivered by Acquirer and, assuming the due execution and delivery of this

Agreement by the other parties hereto, constitutes the valid and binding obligation of Acquirer, enforceable against Acquirer in

accordance with its terms, subject only to the effect, if any, of (i) applicable bankruptcy and other similar Applicable Law

affecting the rights of creditors generally and (ii) rules of law governing specific performance, injunctive relief and other

equitable remedies.

5.3 Consents

and Approvals; No Violations. Except as set forth on Schedule ‎5.3, the execution and delivery by Acquirer of this Agreement

and each other instrument to be executed and delivered by it hereunder, the performance by Acquirer of its obligations hereunder and thereunder

and the consummation by Acquirer of the transactions contemplated hereby and thereby, do not and will not, with or without the giving

of notice or the lapse of time or both (a) violate, conflict with or result in a breach of or default by Acquirer under any provision

of its organizational documents or of any Contract to which Acquirer is a party or by which it or any of its assets or properties, are

bound, (b) require Acquirer to obtain any consent, approval or action of, make any filing with, or give any notice to, any Person, including

any consent, license, permit, grant or other authorization of any Governmental Entity, other than (i) the filings required pursuant to

this Agreement; (ii) the filing with the SEC of a Current Report on Form 8-K, (iii) the application(s) to NASDAQ for the listing of the

Base Stock Consideration Payment and the Earn-Out Consideration for trading thereon in the time and manner required thereby, and (iv)

the filing with the SEC of a Prosupp in accordance with the Registration Rights Agreement, (c) contravene any law or judgment applicable

to Acquirer or any of Acquirer’s assets or properties, or (d) violate, conflict with, result in a breach of or default by Acquirer

under any provision of any Contract to which Acquirer is a party or by which it or any of Acquirer’s assets or properties, are bound;

provided, however, that the foregoing subsection (iv) shall not derogate in any manner from Acquirer’s obligation to make payments

by way of Substitute Cash Consideration hereunder if and to the extent applicable in the event that any payment by way of Base Stock Consideration

Payment is unavailable.

5.4 Issuance

of the Base Stock Consideration and Earn-Out Consideration; Registration. Each portion of the Base Stock Consideration issued at each

of the Closing Date, the Second Payment Date, the Third Payment Date, the Fourth Payment Date, the Fifth Payment Date, the Sixth Payment

Date, the Seventh Payment Date, the Earn-Out Consideration, and the issuance of the Excess Amount in accordance with Section ‎1.5(i)

(if applicable), if and when issued, will be duly authorized, validly issued, fully paid and nonassessable, and a Prosupp shall be

filed concurrently with such issuances in accordance with the Registration Rights Agreement. Such Acquirer Common Stock, if and when issued,

in reliance upon a Prosupp filed concurrently with such issuance, will be free from any pre-emptive rights or other restrictions on transfer

other than those imposed under this Agreement, the Registration Rights Agreement, applicable federal and state securities laws, the Acquirer’s

insider trading policy, if applicable to the Company Shareholders on and after the Closing Date, and any liens or encumbrances imposed

on a shareholder of Acquirer. Assuming the accuracy of the representations of the Company Shareholders in ‎Article

IV of this Agreement, the Acquirer Common Stock will be issued in compliance with all applicable federal and state securities laws.

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5.5 Listing

and Maintenance Requirements. Acquirer is in compliance with the provisions of the rules and regulations promulgated by NASDAQ and/or

any other Trading Market and has no reason to believe that it will not in the foreseeable future continue to be in compliance with all

such listing and maintenance requirements. There are no proceedings pending or threatened against Acquirer relating to the continued listing

of the Acquirer Common Stock on NASDAQ, and Acquirer has not received any notice of, nor is there any reasonable basis for, the delisting

of the Acquirer Common Stock from NASDAQ.

5.6 Litigation.

There is no (a) private or governmental proceeding, suit or litigation pending or, to the Acquirer’s knowledge, threatened against

the Acquirer or its Affiliates arising out of or in connection with the transactions contemplated hereby, and (b) to the Acquirer’s

knowledge, governmental inquiry or investigation pending or threatened against the Acquirer or its Affiliates, in each case, with respect

to the execution, delivery or performance of this Agreement or the transactions contemplated hereby or any other agreement entered into

by Acquirer in connection with the transactions contemplated hereby.

5.7 Broker

Fee.

No broker, finder, financial advisor, investment banker or similar Person is entitled to any brokerage, finder’s or other fee or

commission from Acquirer in connection with the origin, negotiation or execution of this Agreement or in connection with the Transactions.

5.9 Available

Funds. Acquirer shall have prior to the applicable payment date, sufficient cash on-hand to pay the amounts required to be paid by

it in cash, if any, pursuant to the provisions set forth herein.

5.10 SEC

Filings. Acquirer has timely filed or furnished with the SEC all reports, schedules, forms, statements, and other documents (including exhibits

and other information incorporated therein) required to be filed or furnished by it since December 31, 2024 under the Exchange Act.

5.12 Disclaimer

of Other Representations and Warranties.

(a) Acquirer

acknowledges that it and its representatives have had an opportunity to ask questions and receive answers and materials, and to discuss

the Business with, and meet with, certain key officers of the Company and have been permitted access to the virtual data room provided

by the Company.

(b) Acquirer

has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks

of the prospective purchase of the Company Shares, and has so evaluated the merits and risks of such purchase. Acquirer is able to bear

the economic risk of the purchase of the Company Shares contemplated under this Agreement.

(c) Acquirer

acknowledges and agrees that, except for the representations and warranties expressly set forth in this Agreement, the Transaction Documents

or any certificates delivered by the Company or any Company Shareholder pursuant to this Agreement and any other Transaction Document

to which the Company or any Company Shareholder is party, neither the Company nor any of the Company Shareholders has made any representations

or warranties whatsoever relating to the Company Shareholders, the Company or the Company’s Subsidiaries in connection with the

transactions contemplated hereby. Nothing in this Section shall derogate from the representations and warranties of the Company and the

Company Shareholders contained in Articles III and IV hereof, the Transaction Documents or any certificates delivered pursuant to this

Agreement or the other Transaction Documents (or the obligation to indemnify the Acquirer Indemnified Person for breach of such representations

and warranties pursuant to Article X or any other Transaction Documents) or the ability of Acquirer to rely on such warranties and representations

or to recover Indemnifiable Damages in respect of such representations and warranties pursuant to Article X.

58

Article

VI

Conduct Prior to the Closing

6.1 Conduct of

the Business of the Company. During the period from the Agreement Date and continuing until the earlier of the termination of

this Agreement and the Closing, the Company shall and shall cause its Subsidiary to, except as Acquirer shall otherwise consent in

writing, with email being sufficient:

(a) conduct

the Business solely in the ordinary course consistent with past practice (except to the extent expressly provided otherwise herein or

as consented to in writing by Acquirer, with email being sufficient) and in compliance with Applicable Law;

(b) promptly

upon becoming aware, notify Acquirer of any material event or occurrence that constitutes a Material Adverse Effect;

(c) use

its commercially reasonable efforts, consistent with past practice and policies, to preserve intact its present business organizations,

keep available the services of its present officers and key employees, and preserve its relationships with customers, suppliers, distributors,

licensors, licensees, and others having business dealings with it, to the end that its goodwill and ongoing businesses shall be unimpaired

at the Closing; and

(d)

assure that each of its Contracts (other than with Acquirer) entered into after the Agreement Date will not require the procurement of

any consent, waiver or novation or provide for any change in the obligations of any party thereto in connection with, or terminate as

a result of the consummation of, the Transactions, and shall use commercially reasonable efforts to give reasonable advance notice to

Acquirer prior to allowing any Material Contract or right thereunder to lapse or terminate by its terms.

6.2 Restrictions

on Conduct of the Business of the Company. Without limiting the generality or effect of Section ‎6.1, except as

expressly set forth on Schedule ‎6.2 of the Company Disclosure Letter, during the period from the Agreement Date and

continuing until the earlier of the termination of this Agreement and the Closing, the Company shall not, and shall cause each of

its Subsidiaries not to, cause or permit any of the following (except to the extent expressly provided otherwise herein or as

consented to in writing by Acquirer, with email being sufficient):

(a) Charter

Documents. Cause, propose or permit any amendments to the Charter Documents or equivalent organizational or governing documents of

the Company’s Subsidiary other than as contemplated in the Shareholder Consent;

(b) Merger,

Reorganization. Merge or consolidate itself with any other Person or adopt a plan of complete or partial liquidation, dissolution,

consolidation, restructuring, recapitalization or other reorganization;

(c) Dividends;

Distributions. Declare or pay any dividends on or make any other distributions (whether in cash, stock or other property) in respect

of any of its Equity Interests, or split, combine or reclassify any of its Equity Interests, or repurchase or otherwise acquire, directly

or indirectly, any of its Equity Interests;

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(d) Material

Contracts. (i) Enter into, amend or modify any (A) Contract that would (if entered into, amended or modified prior to the Agreement

Date) constitute a Material Contract, provided, however, that for purposes of this clause (A), a Contract shall not be deemed a “Material

Contract” solely due to the fact that it constitutes a “Government Contract”, unless such Contract also meets the condition(s)

set forth in clauses (A) and (B) of Section 3.17(a)(vii), Sections 3.17(a) (xvi)-(xx), Section 3.17(a)(xxiv),

or Section 3.17(a)(xxvii), or (B) other Contract requiring a novation or consent in connection with the Share Purchase or the other

Transactions, (ii) terminate, amend or modify (including by entering into a new Contract with such party or otherwise) or waive or materially

violate any of the terms of any of its Material Contracts or (iii) enter into, amend, modify or terminate any Contract or waive, release

or assign any rights or claims thereunder, which if so entered into, modified, amended, terminated, waived, released or assigned would

be reasonably likely to (A) adversely affect the Company or its Subsidiary (or any of their respective Affiliates) in any material respect,

(B) materially impair the ability of the Company or its Subsidiary or the Shareholders’ Agent to perform their respective obligations

under this Agreement or (C) prevent or materially delay or impair the consummation of the Share Purchase and the other Transactions;

(e) Issuance

of Equity Interests. Issue, deliver, grant or sell or authorize or propose the issuance, delivery, grant or sale of, or purchase or

propose the purchase of, any Equity Interests, or enter into or authorize or propose to enter into any Contracts of any character obligating

it to issue any Equity Interests;

(f) Employees;

Consultants; Independent Contractors. (i) Hire, or offer to hire, any additional officers or other employees, or any Contingent Workers,

(ii) terminate the employment, change the title, office or position, or materially reduce the responsibilities of any employee of the

Company or its Subsidiary, (iii) enter into, amend or extend the term of any employment or consulting agreement with, or issue any Equity

Interest to be held by, any officer, employee, or Contingent Worker, (iv) enter into or negotiate any Contract or collective bargaining

agreement with a labor union or other labor organization, works council, economic committee, union or similar body that would have the

effect of making any changes in the terms and conditions of employment or pension benefits of any employees or Contingent Workers;

(g) Loans

and Investments. Make any loans or advances (other than routine expense advances to employees of the Company or its Subsidiary consistent

with past practice) to, or any investments in or capital contributions to, any Person, or forgive or discharge in whole or in part any

outstanding loans or advances, or prepay any Company Debt;

(h) Intellectual

Property. Transfer or license from any Person any rights to any Intellectual Property or transfer or license to any Person any rights

to any Company Intellectual Property or transfer or provide a copy of any Company Source Code to any Person (including any current or

former employee or consultant of the Company or its Subsidiary or any consultant or commercial partner of the Company or its Subsidiary)

(other than providing access to Company Source Code to current employees and consultants of the Company involved in the development of

the Company Products on a need to know basis in the ordinary course of business consistent with past practice);

(i) Patents.

Take any action regarding a patent, patent application or other Company Owned Intellectual Property right, other than filing continuations

for existing patent applications or completing or renewing registrations of existing patents, domain names, trademarks or service marks

in the ordinary course of business consistent with past practice;

(j) Dispositions.

Sell, lease, license or otherwise dispose of or permit to lapse any of its tangible or intangible assets, other than sales and nonexclusive

licenses of the Company Products in the ordinary course of business consistent with past practice;

(k) Indebtedness.

Incur any Company Debt or guarantee any such indebtedness (provided that withdrawals under existing credit facilities are permitted);

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(l) Payment

of Obligations. Pay, discharge or satisfy (i) any Liability to any Person who is an officer, director or Company Shareholder of the

Company or its Subsidiary (other than compensation due for services as an officer or director) or (ii) any claim or Liability arising

other than in the ordinary course of business consistent with past practice, or give any discount, accommodation or other concession other

than in the ordinary course of business consistent with past practice, in order to accelerate or induce the collection of any receivable;

(m) Capital

Expenditures. Make any capital expenditures, capital additions or capital improvements;

(n) Insurance.

Materially change the amount of, or terminate, any insurance coverage;

(o) Termination

or Waiver. Cancel, release or waive any claims or rights held by the Company or its Subsidiary;

(p) Employee

Benefit Plans; Pay Increases. (i) Adopt, terminate or amend any Company Employee Plan or other employee or compensation benefit plan,

or (ii) increase the salaries, wage rates, fees, or other compensation of its employees or Contingent Workers;

(q) Lawsuits;

Settlements. Commence a lawsuit or settle or agree to settle any pending or threatened lawsuit or other dispute;

(r) Acquisitions.

Acquire or agree to acquire by merging or consolidating with, or by purchasing a substantial portion of the assets of, or by any other

manner, any business or any corporation, partnership, association or other business organization or division thereof, or otherwise acquire

or agree to acquire any assets that are material, individually or in the aggregate, to the Company and its Subsidiaries (taken as a whole)

or the Business, or enter into any Contract with respect to a joint venture, strategic alliance or partnership;

(s) Taxes.

Make or change any election in respect of Taxes, adopt or change any accounting method in respect of Taxes file any amendment to a federal,

state, or foreign income Tax Return or any other material Tax Return unless required under Applicable Law, enter into any Tax sharing

or similar agreement or closing agreement, assume any Liability for the Taxes of any other Person whether by Contract or otherwise, settle

any claim or assessment in respect of Taxes, consent to any extension or waiver of the limitation period applicable to any claim or assessment

in respect of Taxes;

(t) Accounting.

Change accounting methods or practices (including any change in depreciation or amortization policies) or revalue any of its assets (including

writing down the value of inventory or writing off notes or accounts receivable otherwise than in the ordinary course of business), except

in each case as required by changes in Israeli GAAP as concurred with its independent accountants and after notice to Acquirer;

(u) Real

Property. Enter into any agreement for the purchase, sale or lease, or for the extension of a current lease, of any real property;

(v) Encumbrances.

Place or allow the creation of any Encumbrance on any of its properties;

(w) Warranties,

Discounts. Materially change the manner in which it provides warranties, discounts or credits to customers;

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(x) Interested

Party Transactions. Enter into any Contract that, if entered prior to the Agreement Date, would be required to be listed on Schedule

‎3.14 of the Company Disclosure Letter; and

(y) Other.

Take or agree in writing or otherwise to take any of the actions described in clauses ‎(a) through

‎(x) in this Section ‎6.2.

6.3 Restrictions

on Conduct of the Company Shareholders. Except as expressly set forth on Schedule ‎6.3

of the Company Disclosure Letter or as Acquirer shall otherwise consent in writing, with email being sufficient, during the period

from the Agreement Date and continuing until the earlier of the termination of this Agreement and the Closing (such period, the

“Pre-Closing Period”), each Company Shareholder, on a several and not joint basis, hereby agrees, not to:

(a) Directly

or indirectly, transfer, sell, exchange, pledge or otherwise dispose of or encumber any Equity Interest in the Company or enter into any

agreement relating thereto; or

(b) Knowingly

take any action that would (i) make any warranty made by such Company Shareholder or the Company herein untrue or incorrect or (ii) reasonably

be expected to have the effect of impairing the ability of such Company Shareholder or the Company to perform its, his or her obligations

under this Agreement or preventing or materially delaying the consummation of any of the transactions contemplated by this Agreement or

any other agreement contemplated by this Agreement.

6.4 Notices of

Certain Events. Without limiting the generality of Sections ‎6.1, ‎6.2 and ‎6.3, during the

Pre-Closing Period, the Company or each Company Shareholder shall promptly notify Acquirer of:

(a) any

notice or other communication received thereby from any Person alleging that the consent of such Person is or may be required in connection

with the Share Purchase or this Agreement;

(b) any

notice or other communication received thereby from any Governmental Entity (i) delivered in connection with the Share Purchase or this

Agreement, or (ii) indicating that a Company Authorization is revoked or about to be revoked or that a Company Authorization is required

in any jurisdiction in which such Company Authorization has not been obtained, which revocation or failure to obtain would reasonably

be expected to be material to the Company or to Acquirer, as the case may be; and

(c) any

actions, suits, claims, investigations or proceedings commenced or, to his respective knowledge, threatened against, relating to or involving

or otherwise affecting the Company that has come to the knowledge of such Person and that, if pending on the Agreement Date, would have

been required to have been disclosed pursuant to the Agreement, and any ongoing material developments in any such actions, suits, claims,

investigations or proceedings;

(d) any

inaccuracy in or breach of any of his respective representations, warranties or covenants contained in this Agreement; and

(e) any

event, condition, fact or circumstance not covered by clauses ‎(a)-‎(d)

above that would reasonably be expected to make the timely satisfaction of any of the conditions set forth in ‎Article

VIII impossible or unlikely.

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Article

VII

Additional Agreements

7.1 No Transactional

Solicitation.

(a) During

the period from the Agreement Date and continuing until the earlier of the termination of this Agreement and the Closing, none of the

Company, its Subsidiaries and each of the Company Shareholders, will, and none of the Company, its Subsidiaries and each such Company

Shareholder will authorize or permit any of their respective Representatives to, directly or indirectly, (i) solicit, seek, initiate,

encourage, entertain, respond to, facilitate, support or induce the making, submission or announcement of any inquiry, expression of interest,

proposal or offer that constitutes, or is reasonably likely to lead to, an Acquisition Proposal, (ii) disclose to any person any

non-public information relating to the Company in connection with, or enter into, participate in, maintain or continue any discussions

or negotiations regarding, any inquiry, expression of interest, proposal or offer that constitutes, or is reasonably likely to lead to,

an Acquisition Proposal, (iii) agree to, accept, recommend or endorse (or publicly propose or announce any intention or desire to

agree to, accept, recommend or endorse) any Acquisition Proposal, (iv) enter into any letter of intent or any other Contract contemplating

or otherwise relating to any Acquisition Proposal, or (v) submit any Acquisition Proposal to the vote of any Company Shareholders.

Each of the Company, its Subsidiaries and Company Shareholders will, and will cause their Representatives to, (A) immediately cease and

cause to be terminated any and all existing activities, discussions or negotiations with any Persons conducted prior to or on the Agreement

Date with respect to any Acquisition Proposal and (B) immediately revoke or withdraw access of any Person (other than the Company, the

Acquirer and their respective Representatives) to any data room (virtual or actual) containing any non-public information with respect

to the Company or its Subsidiary in connection with an Acquisition Proposal and request from each Person (other than Acquirer and its

Representatives) the prompt return or destruction of all non-public information with respect to the Company or its Subsidiary previously

provided to such Person in connection with an Acquisition Proposal.

(b) The

Company and each Company Shareholder shall immediately (but in any event, within 24 hours) notify Acquirer orally and in writing after

receipt by it (or by any of its Representatives), of (i) any Acquisition Proposal, (ii) any inquiry, expression of interest, proposal

or offer that constitutes, or is reasonably likely to lead to, an Acquisition Proposal, or (iii) any other written notice that any Person

is considering making an Acquisition Proposal. Such notice shall describe the material terms and conditions of such Acquisition Proposal,

inquiry, expression of interest, proposal, offer, notice or request. The sender of such notice shall keep Acquirer reasonably informed

of the status and details of, and any modification to, any such inquiry, expression of interest, proposal or offer and any correspondence

or communications related thereto. The Company shall provide Acquirer with 48 hours prior notice (or such lesser prior notice as is provided

to the members of the Board) of any meeting of the Board at which the Board is reasonably expected to discuss any Acquisition Proposal.

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7.2 No Public

Disclosure. Each party hereto will not disclose to any Person the existence of this Agreement and the consummation of the

transactions contemplated hereunder, and any and all press releases and other widely-disseminated public disclosure by a party

hereto concerning the existence or terms of this Agreement or the transactions contemplated hereby from and after the date hereof

(and, solely with respect to Acquirer, until the Closing Date) will be subject to prior coordination with, review by and approval of

the other parties; except for (i) permitted disclosure to any of the parties’ Representatives on a need to know basis (such as

accountants and legal counsels), (ii) to the extent a party is required to make an announcement pursuant to any Applicable Law or

stock exchange rule or court order, or (iii) to competent court, in order to enforce the provisions of this Agreement and/or any of

the related and ancillary documents hereto; provided that in connection with (ii) and (iii), the disclosing party provides the other

party a copy of such proposed disclosure and provides the other party a reasonable period of time to review and provide comments to

such disclosure.

7.3 Reasonable Best

Efforts.Each of the parties hereto agrees to use its reasonable best efforts, and to cooperate with each other party hereto, to take,

or cause to be taken, all actions, and to do, or cause to be done, all things necessary, appropriate or desirable to consummate and make

effective, in the most expeditious manner practicable, the Share Purchase and the other Transactions, including the satisfaction of the

respective conditions set forth in ‎Article VIII, and including to execute and

deliver such other instruments and do and perform such other acts and things as may be necessary or reasonably desirable for effecting

completely the consummation of the Share Purchase and the other Transactions.

7.4 Access to

Information. During the Pre-Closing Period, (i) upon prior coordination, the Company shall afford Acquirer and its

Representatives reasonable access during business hours to (A) the Company’s and its Subsidiaries’ properties,

personnel, books, Contracts and records and (B) all other information concerning the business, properties and personnel of the

Company and its Subsidiaries as Acquirer may reasonably request and (ii) the Company and its Subsidiaries shall provide to

Acquirer and its Representatives true, correct and complete copies of the Company’s and each such Subsidiary’s (A)

internal financial statements, (B) Tax Returns, Tax elections and all other records and workpapers relating to Taxes, (C) a schedule

of any deferred intercompany gain or loss with respect to transactions to which the Company or its Subsidiaries has been a party and

(D) receipts for any Taxes paid to foreign Tax Authorities. Subject to compliance with Applicable Law, from the Agreement Date and

during the Pre-Closing Period, the Company shall confer from time to time as requested by Acquirer with one or more Representatives

of Acquirer to discuss any material changes or developments in the operational matters of the Company and its Subsidiaries and the

general status of the ongoing operations of the Company and its Subsidiaries. No information or knowledge obtained by Acquirer or

any of its Representatives during the pendency of the Transactions in any investigation pursuant to this Section ‎7.4

shall affect or be deemed to modify any representation, warranty, covenant, agreement, obligation or condition set forth herein.

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7.5 Spreadsheet.

The Company shall prepare and deliver to Acquirer, in accordance with this Section ‎7.5, a spreadsheet (certified by the

Company’s Chief Executive Officer) (the “Spreadsheet”) in form and substance similar to Schedule

‎7.5 and reasonably satisfactory to Acquirer not later than five (5) Business Days prior to the Closing Date, which

spreadsheet shall be dated as of the Closing Date and shall set forth all of the following information (in addition to the other

required data and information specified therein and in this Agreement), as of immediately prior to the Closing:

(c) the

names of all Company Shareholders and their respective e-mail addresses and country and state of residence;

(d) the

number, class and series of Company Shares held by such Persons and, in the case of outstanding shares, the respective certificate numbers;

(e) the

number and date of grant of all Company 102 Shares;

(f) the

calculation of each portion of the Aggregate Consideration (excluding the Earn-Out Consideration) and the allocation thereof between all

Company Shareholders, and the Pro Rata Share of each Company Shareholder;

(g) the

calculation of (i) the Company Net Working Capital (including: (A) the Company’s balance sheet as of the Closing prepared on a consistent

basis with the Company Balance Sheet, (B) an itemized list of each element of the Company’s consolidated current assets and (C)

an itemized list of each element of the Company’s consolidated total current liabilities), (ii) Company Cash, (iii) any Transaction

Expenses and the Person to whom such Transaction Expense is owed, (iv) an itemized list of each item of Company Debt and the Person to

whom such Company Debt is owed, and (v) the Closing Net Working Capital Adjustment;

(h) a

funds flow memorandum setting forth applicable wire transfer instructions and other information reasonably requested by Acquirer.

Neither Acquirer nor any Affiliate thereof (including

the Company post-Closing) shall have any liability whatsoever for verifying the information, calculations, or determinations, whether

in the Spreadsheet, or otherwise with respect to the distribution of any consideration among the Company Shareholders.

7.6 Tax Matters.

(a) Tax

Returns.

(i) The

Company shall timely file or cause to be timely filed when due (taking into account all extensions properly obtained) all Tax Returns

that are required to be filed by or with respect to the Company and its Subsidiaries (taking into account all extensions properly obtained)

on or prior to the Closing Date (“Company Prepared Returns”) and timely pay all Taxes shown as due on such Tax

Returns. Each Company Prepared Return shall be prepared and filed in a manner consistent with past practice, unless otherwise required

by law. Each Company Prepared Return shall be submitted to Acquirer for Acquirer’s review and comment, in the case of an income

Tax Return, at least ten (10) days prior to the due date thereof (taking into account all extensions properly obtained) and in the case

of a non-income Tax Return, as soon as is reasonably practicable prior to the due date thereof (taking into account all extensions properly

obtained). The Company shall consider in good faith any reasonable comments made by Acquirer in such Company Prepared Return prior to

filing.

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(ii) Acquirer

shall timely file or cause to be timely filed when due (taking into account all extensions properly obtained) all Tax Returns that are

required to be filed by or with respect to the Company and its Subsidiaries (taking into account all extensions properly obtained) after

the Closing Date for any Pre-Closing Tax Period or Straddle Period (“Acquirer Prepared Return”). Each Acquirer

Prepared Return shall be submitted to the Shareholders’ Agent for the Shareholders’ Agent’s review and comment, in the

case of an income Tax Return, at least ten (10) days prior to the due date thereof (taking into account all extensions properly obtained)

and in the case of a non-income Tax Return, as soon as is reasonably practicable prior to the due date thereof (taking into account all

extensions properly obtained). Acquirer shall consider in good faith any reasonable comments made by the Shareholders’ Agent in

such Acquirer Prepared Return prior to filing. Without duplication, and to the extent that sufficient accrual for such Pre-Closing Tax

amounts were not set aside by the Company or the Subsidiaries and not taken into account in calculating the Company Debt, the Company

Shareholders shall pay to the Company, or cause to be paid, all Pre-Closing Tax amounts due with respect to such Tax Returns in accordance

with the provisions of ‎Article X.

(iii) Tax

Contests. Each party shall notify each other after acquiring knowledge of any inquiry, claim, audit, assessment, proceeding or similar

event with respect to any Taxes of the Company or its Subsidiaries for a Pre-Closing Tax Period (any such inquiry, claim, audit, assessment,

proceeding or similar event, a “Tax Contest”). Any failure to so notify the Shareholders’ Agent or the

Company Shareholders of any Tax Contest shall not relieve the Company Shareholders of any liability with respect to such Tax Contest except

to the extent that such failure shall have materially prejudiced the defense of such Tax Contest. Acquirer shall control any Tax Contest

and defend such Tax Contest in good faith as if it were the only party in interest; provided, however, that, with respect

to any Tax Contest that would reasonably be expected to result in Pre-Closing Taxes for which the Company Shareholders are liable, (i)

Acquirer shall keep the Shareholders’ Agent reasonably informed of the progress of such Tax Contest, (ii) Acquirer shall provide

the Shareholders’ Agent the opportunity to participate and be involved in the defense of such Tax Contest and to employ counsel

of his choice at the Company Shareholders’ expense; and (iii) Acquirer shall not settle or compromise such Tax Contest without the

Shareholders’ Agent prior written consent, which consent shall not be unreasonably withheld, conditioned, or delayed. In the event

of any conflict between this Section ‎7.6(a)(iii) and Section ‎10.8, this Section ‎7.6(a)(iii) shall

control.

(i) Tax

Cooperation. Each of Acquirer, the Shareholders’ Agent and the Company Shareholders, and the Company shall cooperate fully,

as and to the extent reasonably requested by any of the others, in connection with the filing of Tax Returns and any Legal Proceeding

with respect to Taxes during the Straddle Period and all taxable periods ending on or before the Closing Date. Such cooperation shall

include the retention and (upon request therefor) the provision of records and information reasonably relevant to any such Legal Proceeding

and making employees available on a mutually convenient basis to provide additional information and explanation of any material provided

hereunder. Acquirer, the Company and its Subsidiaries, the Shareholders’ Agent and the Company Shareholders agree to retain all

material books and records with respect to Tax matters pertinent to the Company and its Subsidiaries relating to any taxable period beginning

before the Closing Date until expiration of the statute of limitations of the respective taxable periods, and to abide by all record retention

agreements entered into with any Tax Authority.

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(j) Intended

Tax Treatment. The parties intend that the Share Purchase be a Taxable transaction for U.S. federal income Tax purposes, including

with respect to the Aggregate Consideration, the Adjustment Escrow Amount and the Escrow Amount and will so treat the Share Purchase unless

otherwise required by a determination within the meaning of Section 1313 of the Code. Notwithstanding the foregoing, each party hereto

is relying solely on the advice of his, her or its own Tax advisors with respect to the Tax consequences of the Transactions.

(k) Straddle

Period Apportionment. In the case of any Taxes of the Company or its Subsidiaries that are imposed on a periodic basis and that are

payable for a Taxable period that includes (but does not end on) the Closing Date, such Taxes shall (i) in the case of property, ad

valorem or other Taxes that accrue based upon the passage of time, be deemed to be Pre-Closing Taxes in an amount equal to the amount

of such Taxes for the entire Taxable period multiplied by a fraction, the numerator of which is the number of days in the Taxable period

through and including the Closing Date and the denominator of which is the number of days in the entire Taxable period, and (ii) in the

case of any other Taxes, be deemed to be Pre-Closing Taxes in an amount equal to the amount of Taxes that would be payable if the relevant

Taxable period ended on the Closing Date (and for such purpose, the taxable period of any partnership, other pass through entity or any

non-U.S. entity owned by the Company shall be deemed to terminate at such time). Any credits or deductions relating to a Taxable period

that includes (but does not end on) the Closing Date shall be taken into account on a basis consistent with the assumption in clauses

(i) and (ii) above.

(l) Post-Closing

Actions. Acquirer and its Affiliates (including on or after the Closing Date, the Company and its Subsidiaries) shall not, without

prior consultation with the Shareholders’ Agent, (i) make, revoke, or change any Tax election or Tax accounting method or practice,

(ii) file, re-file, amend or otherwise modify any Tax Return or (iii) enter into any closing agreement, initiate any voluntary disclosure

process or similar process with any Governmental Entity, surrender any right to claim a refund of Taxes, or extend or waive the limitation

period applicable to any Tax proceeding, in each case with respect to, or that has (or could reasonably be expected to have) a retroactive

effect with respect to the Company and/or its Subsidiaries that relates to a Pre-Closing Tax Period (or portion of a Straddle Period ending

on the Closing Date as determined in accordance with Section 6.6(e)).

7.7 Director

Resignation. Prior to the Closing, the Company shall cause Alfred Tzimet to execute and deliver a D&O Resignation Letter or

Subsidiary D&O Resignation Letter, effectuating his resignation from such position as a member of the board of directors

(although not as an employee) effective as of the Closing.

7.8 Removal

of Personal Guarantees.

(a) Acquirer

hereby undertakes to take all reasonable actions, subject to the full cooperation of the applicable Company Shareholder, to remove, extinguish

and terminate, without any further Liability to such Company Shareholder, the Personal Guarantees and any other personal guarantees provided

by such Company Shareholder with respect to the operation of the Company or any Subsidiary, which has not been so removed, extinguished

and terminated prior to Closing, whether or not Acquirer has been made aware of such other personal guarantees at any time before the

Closing. Each Company Shareholder shall assist the Company and Acquirer with the removal of any Personal Guarantee and any such other

personal guarantees, upon request by the Company and/or Acquirer, and shall notify the Company and Acquirer promptly upon becoming aware

of the existence of any such other personal guarantees, provided that lack of such notice shall not affect Acquirer’s obligations

under this Section 7.9, except to the extent materially prejudiced by such lack of notice.

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(b) Reimbursement.

Following the Closing Date, subject to the full cooperation of the applicable Company Shareholder with the removal, extinguishment and

termination process, Acquirer shall fully reimburse any Company Shareholder, promptly on demand, for any amounts such Company Shareholder

is required to expend after the Closing pursuant to any Personal Guarantee, provided that such Company Shareholder has provided Acquirer

with written notice at least 14 days prior to any such payment and has fully cooperated with Acquirer with any attempt to prevent such

payment.

7.9 Restrictive

Covenants. Without derogating from, and in addition to, any undertaking under the Retention and Employment Agreement or any other

existing Contract, each of the Company Shareholders undertakes and agrees towards the Company and the Acquirer, effective commencing as

of the Closing, as follows:

(a) Confidentiality.

To keep secret and to treat with confidentiality the Confidential Information and not to disclose any Confidential Information to any

person or entity whatsoever or to use any Confidential Information for any purpose whatsoever, except for the benefit of the Company and

only in performance of their duties on behalf of the Company (if applicable), provided however, that in the event that any of the

Company Shareholders shall be legally required (by formal questioning by any Governmental Entity, or, in the written opinion of his/her/its

legal counsel, by Applicable Law) to disclose any Confidential Information, such Company Shareholder shall immediately notify Acquirer

and the Company (to the extent legally allowed to do so) of such request or requirement prior to

disclosure so that Acquirer or the Company may seek an appropriate protective order with the reasonable assistance of such Company Shareholder.

If such order is not timely obtained, only such portion of the Confidential Information as specifically required shall be disclosed.

(b) Non-Compete.

Each of the Company Shareholders undertakes that during the period commencing on the Closing Date and ending upon the 4th anniversary

of the Closing Date (the “Restricted Period”), such Company Shareholder will not, and will cause its Affiliates

not to, compete in the Business anywhere in the world. For the purposes of this Agreement, the term “compete” shall mean engaging

or having any interest, directly or indirectly through any Affiliate, partnership, joint venture or agent (other than Acquirer or the

Company), for its own account or as an owner, shareholder, operator, manager, employee, officer, director, partner, venture partner, investor,

advisor, consultant or similar capacity of or to any Person; provided, however, that holding of not more than 2% of the shares of a public

company without having any active role in such company, shall not constitute a breach of the non-compete obligations herein.

(c) Non-Solicitation.

During the period commencing on the date hereof and ending upon expiration of the Restricted Period, each of the Company Shareholders

covenants and agrees not to (and cause its Affiliates not to): (i) solicit, seek to employ or seek to retain the services of any Person

who is at that time or was within the previous twelve (12) months as of the Closing Date, providing services to the Company, as an employee,

consultant or contractor, or employee of such a consultant or contractor (any such Person, a “Subject Person”),

(ii) persuade, induce or attempt to persuade or induce any Subject Person to leave his/her employment or to refrain from providing services

to such party or (iii) cause or authorize any Person to do any of the foregoing; provided that this Section shall not preclude each Company

Shareholders or its Affiliates from soliciting through a public medium or general or mass mailing by or on behalf of such Company Shareholder

or any of its respective Affiliates that is not targeted at employees, consultants or contractors of the Company.

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(d) Non-Disparagement

& Non-Interference. Each of the Company Shareholders will not, and will cause such Company Shareholders’ respective Affiliates

not to, directly or indirectly, make or publish any statement or communication which is false or disparaging with respect to Acquirer,

the Company, their respective Affiliates or any direct or indirect shareholders, officers, directors, members, managers, employees or

agents. Such Company Shareholder further agree that during the Restricted Period not to, and cause such Company Shareholder’s Affiliates

not to, directly or indirectly, induce, or attempt to induce, any consultant, contractor, sub-contractor, customer, client, distributor,

supplier, vendor, manufacturer, representative, agent, venturer, co-venturer or other Person transacting business with the Company to

reduce or cease doing business with the Company, or in any way to interfere with the relationship between any such Person, on the one

hand, and the Company, on the other hand.

(e) Enforcement.

The parties hereto intend that the provisions of this Section ‎7.10 be enforced to the

fullest extent permissible under Applicable Law in each jurisdiction where enforcement may be sought, and that the unenforceability of

any provision shall not impair the remainder of this Section ‎7.9. If any court determines

that the restrictions are unreasonable, the parties hereto agree that such court may substitute the maximum reasonable period, scope or

geographic area and revise the restrictions to cover the maximum extent permitted by law. Each of the Company Shareholders acknowledges

that these restrictive covenants, including their duration, are necessary to protect the proprietary interests and legitimate business

interests of the other parties, and that the Aggregate Consideration payable to such Company Shareholder hereunder constitutes also consideration

for the Company Shareholder’s obligations under this Section ‎7.9. The covenants

and obligations of the Company Shareholders set forth in this Section ‎7.9 shall be construed

as independent of any other provision herein and of any other agreement or arrangement among the parties hereto and the existence of any

claim or cause of action by any party hereto against any other party or any of their Affiliates, whether based on another provision of

this Agreement or a separate agreement, shall not constitute a defense to the enforcement of such covenants or obligations against such

party.

7.10 Prosupp

Information. The Company and the Company Shareholders shall furnish all information as may be reasonably requested by the Acquirer

in connection with the preparation, filing and distribution of each Prosupp. Such information supplied or to be supplied by the Company

or any Company Shareholder for inclusion in a Prosupp: (i) will comply as to form in all material respects with the provisions of Form

S-3 and Rule 424(b)(7) under the Securities Act and (ii) not contain any untrue statement of a material fact or omit to state any material

fact necessary to make the statements contained therein, in light of the circumstances in which they are made, not misleading as of the

date of the Prosupp and/or the date of any additional supplement thereto.

7.11 Post-Closing

Committee. Immediately following the Closing, the Company shall establish a special committee having such rights and authorities as

detailed in Schedule ‎7.11 attached hereto.

7.12 Retention

Plan; Bonus. The Acquirer shall establish a retention plan for certain employees of the Company and shall pay special bonus to certain

employees of the Company, as detailed in Schedule 7.12 attached hereto (the “Retention Schedule”). Capitalized

terms used in this Agreement but defined in the Retention Schedule shall have the respective meanings given to them in the Retention Schedule.

7.13 Pension

Contributions Completion. Following the Closing, the Company shall file an application with the Ministry of Labor for approval of

the retroactive application of the Section 14 Arrangement with respect to the full salaries paid to Ofer Yarden and Alfred Zimet from

their commencement of employment with the Company until the Closing. Concurrently with the filing of such application, the amount that

shall be required to be deposited so that Section 14 Arrangement shall fully apply, will be deposited by the Company in Ofer Yarden’s

and Alfred Zimet’s individual pension arrangements.

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Article

VIII

Conditions to the Share Purchase

8.1 Conditions to Obligations

of Each Party to Effect the Share Purchase. The respective obligations of each party hereto to consummate the Transactions shall

be subject to the satisfaction or waiver in writing (by each of Acquirer and the Company, as applicable) at or prior to the Closing of

each of the following conditions:

(a) Illegality.

No Order issued by any court of competent jurisdiction or other legal or regulatory restraint or prohibition preventing the consummation

of the Share Purchase shall be in effect, and no action shall have been taken by any Governmental Entity seeking any of the foregoing,

and no Applicable Law or Order shall have been enacted, entered, enforced or deemed applicable to the Share Purchase (and not rescinded

or repealed) that makes the consummation of the Share Purchase illegal.

(b) Governmental

Approvals. Acquirer and the Company shall have timely obtained from each Governmental Entity (excluding any such Governmental Entity

in its capacity as a customer of the Company) all approvals, waivers and consents, if any, necessary for consummation of, or in connection

with, the Share Purchase and the other Transactions.

(c) Exhibits;

Transaction Documents. Each ancillary document, exhibit, schedule and other Transaction Document referenced in this Agreement shall

be in line with market practice and in form and substance reasonably satisfactory to the Company and Acquirer.

8.2 Additional Conditions

to Obligations of the Company. The obligations of the Company to consummate the Transactions shall be subject to the satisfaction

or waiver at or prior to the Closing of each of the following conditions (it being understood and agreed that each such condition is

solely for the benefit of the Company and may be waived by the Company in writing in its sole discretion without notice or Liability

to any Person):

(a) Representations,

Warranties and Covenants. The representations and warranties made by Acquirer herein shall be true and correct in all material respects

(except for such representations and warranties that are qualified by their terms by a reference to materiality or Material Adverse Effect,

which representations and warranties as so qualified shall be true and correct in all respects) on and as of the Agreement Date and on

and as of the Closing Date as though such representations and warranties were made on and as of such dates (except for representations

and warranties that address matters only as to a specified date or dates, which representations and warranties shall be true and correct

with respect to such specified date or dates). Acquirer shall have performed and complied with all covenants, agreements and obligations

herein required to be performed and complied with by them at or prior to the Closing.

(b) Receipt

of Closing Deliveries. The Company shall have received each of the agreements, instruments, certificates and other documents set forth

in Section ‎1.2(a).

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8.3 Additional

Conditions to the Obligations of Acquirer. The obligations of Acquirer to consummate the Transactions shall be subject to the

satisfaction or waiver at or prior to the Closing of each of the following conditions (it being understood and agreed that each such

condition is solely for the benefit of Acquirer and may be waived by Acquirer in writing in its sole discretion without notice or

Liability to any Person):

(a) Representations,

Warranties and Covenants. The representations and warranties made by the Company and the Company Shareholders herein, as applicable,

(i) which are Special Representations, or qualified by materiality or Material Adverse Effect, shall be true, correct and complete in

all respects as of the Agreement Date and as of the Closing Date as if made on and as of the Closing Date (or, if given as of a specific

date, at and as of such date), (ii) set forth in ‎Article III (other than the Special

Representations and other than any representations and warranties qualified by materiality or Material Adverse Effect) shall be true,

correct and complete as of the Agreement Date and in all material respects as of the Closing Date as if made on and as of the Closing

Date (or, if given as of a specific date, at and as of such date). The Company and each of the Company Shareholder shall have performed

and complied with all covenants, agreements and obligations herein required to be performed and complied with by the Company and the Company

Shareholder at or prior to the Closing.

(b) Receipt

of Closing Deliveries. Acquirer shall have received each of the agreements, instruments, certificates and other documents set forth

in Section ‎1.2(b), which shall be in full force and effect.

(c) Company

Shareholder Consent. The Shareholder Consent shall remain in full force and effect and shall not have been revoked.

(d) Injunctions

or Restraints on Conduct of Business. No Order issued by any court of competent jurisdiction or other legal or regulatory restraint

or prohibition limiting or restricting Acquirer’s ownership, conduct or operation of the Business following the Closing shall be

in effect, and no Legal Proceeding seeking any of the foregoing shall be pending or threatened.

(e) No

Legal Proceedings. No Governmental Entity or other Person shall have commenced or threatened to commence any Legal Proceeding challenging

or seeking the recovery of a material amount of damages in connection with Share Purchase or seeking to prohibit or limit the exercise

by Acquirer of any material right pertaining to ownership of Equity Interests of the Company.

(f) No

Material Adverse Effect. There shall not have occurred a Material Adverse Effect with respect to the Company and its Subsidiaries

(taken as a whole).

(g) Shareholders’

Register. The Company shall have delivered (i) a copy of the Company’s updated shareholders’ register evidencing the holdings

in the Company immediately following the Closing certified by an authorized director of the Company and attached hereto as Exhibit

G and (ii) a share certificate registered in the name of Acquirer, representing ownership of one hundred percent (100%) of the

Company Shares.

(h) Employees.

All of the Key Employees and no fewer than 90% of the employees and Contingent Workers of the Company and its Subsidiaries shall have

continued to be engaged by the Company or the applicable Subsidiary as of immediately following the Closing.

(i) D&O

Insurance Policy. The Company shall, on or prior to the Closing Date, purchase tail insurance coverage for the D&O Indemnitees

(“D&O Tail Policy”), the cost of which shall constitute a Transaction Expense, to become effective at the

Closing, which shall provide the D&O Indemnitees with coverage for seven (7) years following the Closing Date for acts and omissions

occurring prior to the Closing, including in connection with the Transactions, on terms not materially less favorable (including the amount

of coverage) as in effect for the Company as of immediately prior to the Closing Date and reasonably satisfactory to Acquirer.

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Article

IX

Termination

9.1 Termination. At

any time prior to the Closing, this Agreement may be terminated and the Share Purchase abandoned by authorized action taken by the terminating

party:

(a) by

mutual written consent duly authorized by Acquirer and the Company;

(b) by

Acquirer, on the one hand, or the Company, on the other hand, by written notice to the other, if the Closing shall not have occurred on

or before June 16, 2026, or such other date that Acquirer and the Company may agree upon in writing (the “Termination Date”);

provided that the right to terminate this Agreement under this Section ‎1.1(b)

shall not be available to any party whose material breach of any covenant, agreement or obligation hereunder shall have been the principal

cause of, or shall have directly resulted in, the failure of the Closing to occur on or before the Termination Date;

(c) by

Acquirer, on the one hand, or the Company, on the other hand, by written notice to the other if any Order of a Governmental Entity of

competent authority preventing the consummation of the Share Purchase shall have become final and non-appealable;

(d) by

Acquirer, by written notice to the Company, if (i) there shall have been an inaccuracy or breach of any representation or warranty made

by, or a breach of any covenant, agreement or obligation of, the Company or any of the Company Shareholders herein, and such inaccuracy

or breach shall not have been cured within ten (10) Business Days after receipt by the Company of written notice of such inaccuracy or

breach and, if not cured within such period and at or prior to the Closing, such would result in the failure of any of the conditions

set forth in Section ‎8.1 or Section ‎8.3

to be satisfied (provided, that no such cure period shall be available or applicable to any such inaccuracy or breach that by its

nature cannot be cured), (ii) there shall have been a Material Adverse Effect with respect to the Company and the Subsidiaries, taken

as a whole or (iii) the Company shall have materially breached Sections ‎6.1 or ‎6.2;

or

(e) by

the Company, by written notice to Acquirer, if there shall have been an inaccuracy in or breach of any representation or warranty made

by, or a breach of any covenant, agreement or obligation of, Acquirer herein, and such inaccuracy or breach shall not have been cured

within ten (10) Business Days after receipt by Acquirer of written notice of such inaccuracy or breach and, if not cured within such period

and at or prior to the Closing, such breach would result in the failure of any of the conditions set forth in Section ‎8.1

or Section ‎8.2 to be satisfied (provided that no such cure period

shall be available or applicable to any such inaccuracy or breach that by its nature cannot be cured);

9.2 Effect of Termination.

In the event of termination of this Agreement as provided in Section ‎9.1, this Agreement shall forthwith become void

and there shall be no Liability on the part of Acquirer, the Company, the Shareholders’ Agent or their respective officers, directors,

shareholders or Affiliates; provided, that (i) Section ‎7.2 (No Public Disclosure), this Section ‎9.2

(Effect of Termination), ‎Article XI (General Provisions) and any related definition provisions in or referenced in Schedule

I and the Confidentiality Agreement by and between the Company and Acquirer dated 2026 shall remain in full force and effect and

survive any termination of this Agreement and (ii) nothing herein shall relieve any party hereto from Liability in connection with any

material breach, intentional misrepresentation made by, or a willful breach of any covenant, agreement or obligation of, such party herein.

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Article

X

Indemnification

10.1 Indemnification.

(a) Subject

to the limitations set forth in this ‎Article X, from and after the Closing and subject to the terms herein, the Indemnifying

Parties shall severally but not jointly, in proportion to each such Indemnifying Party’s Pro Rata Share (except that (1) any claims

from the Escrow Fund may be made on a several and joint basis; and (2) with respect to any breach of any representations, warranties or

covenants of, or Fraud (as defined below) by, any individual Indemnifying Party, such Indemnifying Party shall severally be liable for

the entire indemnification amount), indemnify and hold harmless Acquirer, the Company and their respective officers, directors, agents

and employees, and each Person, if any, who controls Acquirer within the meaning of the Securities Act (each of the foregoing being referred

to individually as an “Indemnified Person” and collectively as “Indemnified Persons”)

from and against, and shall compensate and reimburse each Indemnified Person for, any and all losses, liabilities, damages, claims, fees,

Taxes, interest, reasonable out-of-pocket costs and expenses, including costs of investigation and defense and reasonable fees and expenses

of counsel, experts and other professionals, directly (provided, however, that any indirect or punitive damages actually awarded in any

Third-Party Claim shall be indemnifiable in accordance with the provisions herein and, for the purposes hereof, shall be deemed direct

damages), whether or not due to a Third-Party Claim (collectively, “Indemnifiable Damages”), arising out of,

resulting from or in connection with:

(i) any

failure of any representation or warranty made by the Company or by such Indemnifying Party in this Agreement or in the Company Disclosure

Letter (including any exhibit to or schedule thereof) or in any certificate required to be delivered by the Company to Acquirer at

the Closing pursuant to any provision of this Agreement, to be true and correct (A) as of the Agreement Date (except in the case of representations

and warranties that by their terms speak only as of a specified date or dates, which representations and warranties shall be true and

correct as of such date or dates) or (B) as of the Closing Date (if such date is later than the Agreement Date) as though such representation

or warranty were made as of the Closing Date (except in the case of representations and warranties that by their terms speak only as of

a specific date or dates, which representations and warranties shall be true and correct as of such date or dates);

(ii) any

breach of, or default in connection with, any of the covenants, agreements or obligations made by the Company or such Indemnifying Party

herein or in any other agreements contemplated by the Transaction Documents;

(iii) any

inaccuracies in the Spreadsheet;

(iv)

any claims or threatened claims by (A) any current or former holder or alleged current or former holder of any Equity Interests of the

Company or its Subsidiaries (in each case, including any predecessors thereof), arising out of, resulting from or in connection with (x)

the Transactions or this Agreement, including the allocation of the Aggregate Consideration or any portion thereof, or (y) such Person’s

status or alleged status as a holder of Equity Interests of the Company or its Subsidiaries (in each case, including any predecessors

thereof) at any time at or prior to the Closing, whether for breach of fiduciary duty or otherwise, (B) any Person to the effect that

such Person is entitled to any Equity Interest of Acquirer or the Company or any payment in connection with the Transactions other than

as specifically set forth on the Spreadsheet or (C) any Person with respect to any Company Option Plan or any other plan, policy or Contract

providing for compensation to any Person in the form of Equity Interests with respect to participation in such plan;

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(v) any

matter that is or would be an exception to the representations and warranties made in Section ‎3.6 (Litigation) as of the Agreement

Date or the Closing;

(vi) disregarding

any disclosures in the Company Disclosure Letter (other than for establishing Fraud), any Pre-Closing Taxes to the extent not taken into

account in calculating the Adjustments Calculation, including for the avoidance of doubt and without duplication any additional Tax imposed

on the Company and arising from the period prior to Closing due to denial of benefits claimed by the Company in accordance with the Capital

Investment Law and any Tax withholding and VAT imposed in connection with (i) any Company Securities, including any Company Securities

that were converted into Company Shares on or prior to the Closing, (ii) any loans made between the Company, its Shareholders and/or any

of its Subsidiaries on or prior to the Closing, and (iii) any capital contribution made by the Company to any of its Subsidiaries on or

prior to the Closing;

(vii) any

withholding Taxes imposed on any Indemnified Persons arising as a result of the failure to deduct or withhold the correct amount of Taxes

with respect to any amounts payable or otherwise issuable to the Company Shareholders under this Agreement;

(viii) any

Company Debt or Transaction Expenses, to the extent any such item was not taken into account in the calculation of the Final Base Stock

Consideration;

(ix) any

fraud or intentional misrepresentation (“Fraud”) by or on behalf of the Company or such Indemnifying Party;

(x) any

Liability pursuant to indemnification undertakings granted by the Company and/or its Subsidiaries to directors or officers of the Company

and its Subsidiaries in respect of the period prior to the Closing Date;

(xi) claims

by or purportedly on behalf of a Company Shareholder or any other Person related to or in connection with the invalidity of the execution

of this Agreement;

(xii) any

claim or threatened claim by any Company Shareholder relating to any alleged action or failure to act on its behalf by the Shareholders’

Agent;

(xiii) any

claim or right asserted by any Person that is not an Indemnified Person relating to any breach or alleged breach or any other matter referred

to in any of clauses of Section  ‎10.1 above;

(xiv) any

claim commenced or right asserted by any Indemnified Person for the purpose of enforcing any of its rights under this ‎Article

X, to the extent successful;

(xv) any

misrepresentation or breach by the Company or the Company Shareholders of Section ‎7.12(c); and

(xvi) any

claim with respect to any non compliance with any obligations of the Company in connection with the Company’s Governmental Grants

in respect of the period until the Closing, including, without limitation, any royalties, interest, penalty and any other amount imposed

for non-compliance with any statutory obligations, including reporting obligations.

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(b) Knowledge

qualifications, qualifications or requirements that a matter be or not be “reasonably expected” or “reasonably likely”

to occur, materiality standards and qualifications by reference to the defined term “Material Adverse Effect” in any representation,

warranty, covenant, agreement or obligation shall be deemed to be made without such qualification or limitation for purposes of determining

the amount of any Indemnifiable Damages, but not for the purpose of determining the existence of Indemnifiable Damages.

10.2 Indemnifiable Damage

Threshold; Other Limitations.

(a) Recovery

from the Escrow Fund shall constitute the sole and exclusive remedy for the indemnity obligations of each Indemnifying Party under this

Agreement for Indemnifiable Damages arising out of, resulting from or in connection with the matters listed in clause ‎(i) of Section ‎10.1(a)

except:

(i) in

the case of Fraud by or on behalf of the Company or such Indemnifying Party, or

(ii) any

failure of any of the representations and warranties made by:

(1) the

Company in Section ‎3.1 (Organization, Standing, Power and Subsidiary), Section ‎3.2 (Capital Structure),

Section ‎3.3 (Authority; Non-Contravention), Section ‎3.10 (Intellectual Property) (which representation shall

be referred to as the “IP Rep”), Section ‎3.12 (Taxes), or Section ‎3.20 (Broker

Fees) (collectively, the “Company Special Representations”) to be true and correct; or

(2) the

Company Shareholder representations contained in ‎Article IV (the “Shareholders Special Representations”

and (1) and (2) collectively, the “Special Representations”) to be true and correct.

(b) In

the case of any claims for Indemnifiable Damages arising out of, resulting from or in connection with (x) the failure of any of the Special

Representations to be true and correct as aforesaid, and (y) the matters listed in Section ‎10.1(a) other than clause ‎10.1(a)(i)

((x) and (y) collectively “Special Claims”), Acquirer shall seek recovery (i) first, from the Escrow Fund, and

(ii) to the extent the Escrow Fund or the Pro Rata Share of the applicable Indemnifying Party in the Escrow Fund, as applicable, has been

exhausted or the Escrow Release Date has passed, from each Indemnifying Party (including by way of set off; provided, that the right to

set off shall not apply with respect to the Base Stock Consideration Payments) for the amount of any Indemnifiable Damages resulting therefrom,

subject to the limitations set forth under ‎10.2(c) below.

(c) The

total aggregate Liability that can be recovered from an Indemnifying Party hereunder shall not exceed the Aggregate Consideration actually

paid (or, with respect to set off, payable) to such Indemnifying Party, except in the case of Fraud by or on behalf of (i) the Company,

of which such an Indemnifying Party had actual knowledge, or (ii) such Indemnifying Party.

(d) The

total Liability recovered from the Indemnifying Parties in respect of the indemnification obligations in respect of any failure of the

IP Rep to be true and correct shall not exceed 25% of the Aggregate Consideration actually paid (or, with respect to set off, payable)

to the Indemnifying Parties, except in the case of Fraud.

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(e) The

Indemnified Persons shall first seek recovery of Indemnifiable Damages from the Escrow Fund; provided that, to the extent that

an Indemnified Person recovers amounts from the Escrow Fund in satisfaction of a Special Claim, or pursuant to Section ‎1.5

such recovered amounts shall not reduce the amount that the Indemnified Persons may recover with respect to claims for which recovery

is limited to the Escrow Fund. By way of illustration and not limitation, assuming there are no other claims for indemnification pursuant

to this ‎Article X, in the event that a Special Claim is first satisfied from the Escrow Fund and such recovery fully depletes the

Escrow Fund, the maximum limitation of liability for a subsequent claim based on a failure of a representation and warranty contained

in Section ‎3.22 (Environmental, Health and Safety Matters) to be true and correct shall continue to be each Indemnifying

Party’s Pro Rata Share of the dollar value of the Escrow Fund without taking into account the fact that the Escrow Fund was used

to satisfy such Special Claim, with the effect that the amount recoverable for such two claims would be the same regardless of whether

the chronological order of the making of such claims were reversed.

(f) Notwithstanding

anything to the contrary contained herein, (i) no Indemnifying Party shall have any right of indemnification, compensation, reimbursement,

contribution or right of advancement from Acquirer, the Company or any other Indemnified Person (based upon such Indemnifying Party’s

position as an officer, director, employee or agent of the Company or otherwise) with respect to any Indemnifiable Damages claimed by

any Indemnified Person or any right of subrogation against the Company with respect to any indemnification, compensation or reimbursement

of an Indemnified Person by reason of any of the matters set forth in Section ‎10.1(a), (ii) the rights and remedies of the

Indemnified Persons after the Closing shall not be limited by (x) any investigation by or on behalf of, or disclosure to (other than in

the Company Disclosure Letter with respect to clauses ‎(i) and ‎(ii) of Section ‎10.1(a), subject to any

limitations expressly set forth therein), any Indemnified Person at or prior to the Closing regarding any failure, breach or other event

or circumstance or (y) any waiver of any condition to the Closing related thereto. If an Indemnified Person’s claim under this ‎‎‎Article

X may be properly characterized in multiple ways in accordance with this ‎‎‎Article X such that such claim may

or may not be subject to different limitations depending on such characterization, then such Indemnified Person shall have the right to

characterize such claim in a manner that maximizes the recovery and time to assert such claim permitted in accordance with this ‎Article

X; provided that in no event shall any party be indemnified under different provisions of this Agreement more than once for

the same dollar of Indemnifiable Damages.

(g) Except

for Special Claims, claims that involve Fraud and without derogating from any Indemnified Person’s entitlement to seek any equitable

remedy, including a preliminary or permanent injunction or specific performance, the Indemnifying Parties shall not be liable for any

Indemnifiable Damages pursuant to clause ‎(i) of Section ‎10.1(a) for breaches of Company representations and warranties,

until the aggregate amount of such Indemnifiable Damages paid, incurred, sustained or accrued exceeds US$ 350,000 (the “Basket”);

provided, however, that if such aggregate amount exceeds the applicable Basket, then the Indemnified Persons shall be entitled

to indemnification for the entire amount of all such Indemnifiable Damages (including the Basket amount).

(h) Each

Indemnified Person agrees to bring a claim against an insurance company to the extent the applicable Indemnifiable Damages are insured,

provided that such Indemnified Person shall not be obligated to litigate against the insurance company any such claim. All Indemnifiable

Damages shall be calculated net of the amount of any recoveries actually received by an Indemnified Person under any existing insurance

policies and contractual indemnification or contribution provisions (in each case, calculated net of any actual collection costs and reserves,

expenses, deductibles or premium adjustments or retrospectively rated premiums (as determined in good faith by such Indemnified Person)

incurred or paid to procure such recoveries) in respect of any Indemnifiable Damages suffered, paid, sustained or incurred by any Indemnified

Person; provided that no Indemnified Person shall have any obligation to seek to obtain or continue to pursue any such recoveries.

In the event that, after receiving indemnification hereunder, an Indemnified Person receives any insurance proceeds or third-party indemnification

or reimbursement in respect of the same Indemnifiable Damages, such Indemnified Person shall promptly pay to the applicable Indemnifying

Parties the amount of such recovery, net of any actual costs and expenses incurred to obtain it, to the extent necessary to avoid duplicate

recovery.

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(i) Notwithstanding

any provision in the Transaction Documents to the contrary: no Indemnifying Party shall be liable nor shall it be required to indemnify

any Indemnified Person for any breaches, defaults or misrepresentations of any personal representations, warranties, covenants, undertakings,

obligations, agreements or liabilities, including the performance of any of the foregoing, of any other Indemnifying Party. Additionally,

no Indemnifying Party shall be held liable nor shall be required to indemnify any Indemnified Person for (a) any Fraud on the part of

any other Indemnifying Party (except to the extent the same also constitutes Fraud of the Company), or (b) for any Tax liability of any

other Indemnifying Party. For the avoidance of doubt, the maximum and aggregate liability of each Indemnifying Party in the event of any

Fraud of the Company of which such Indemnifying Party was not aware, shall be limited to such Indemnifying Party’s Aggregate Consideration

actually paid (or, with respect to set off, actually payable) to such Indemnifying Party.

10.3 Period for Claims.

Except as otherwise set forth in this Section ‎10.3, the period (the “Claims Period”) during

which claims may be made (i) for Indemnifiable Damages arising out of, resulting from or in connection with the matters listed in clauses

‎(i) of Section  ‎10.1(a) (other than with respect to Special Claims)

shall commence at the Closing and terminate on the first anniversary of the Closing Date (the “Escrow Release Date”),

(ii) Indemnifiable Damages arising out of, resulting from or in connection with the IP Rep shall commence at the Closing and terminate

on the 30-month anniversary of the Closing Date; and (iii) for Indemnifiable Damages arising out of, resulting from or in connection

with all other matters, including Special Claims (other than the IP Rep), shall commence at the Closing and terminate at 11:59 p.m. Eastern

Standard Time on the date that is 60 days following expiration of the applicable statute of limitations period (the “Maximum

Liability Period”). Notwithstanding anything to the contrary contained herein, such portion of the Escrow Fund as is set

forth in a Claim Certificate delivered to the Shareholders’ Agent on or prior to the Escrow Release Date shall remain in the Escrow

Fund until such claims for Indemnifiable Damages have been resolved or satisfied. Notwithstanding anything to the contrary contained

herein, the Claims Period for claims for Indemnifiable Damages arising out of, resulting from or in connection with Fraud shall not be

limited. In addition, no right to indemnification pursuant to ‎Article X in respect of any claim that is set forth in a Claim

Certificate delivered by Acquirer to the Shareholders’ Agent on or prior to the applicable survival period for such claim shall

be affected by the expiration of such representations and warranties; provided, further, that such expiration shall not

affect the rights of any Indemnified Person under ‎Article X or otherwise to seek recovery of Indemnifiable Damages arising

out of, resulting from or in connection with any Fraud by or on behalf of the Company or the Company Shareholders. The representations

and warranties made by the Acquirer contained herein and in the other certificates contemplated by this Agreement shall survive the Closing

and remain in full force and effect until the first anniversary of the Closing Date (or the first anniversary of the Earn-Out Payment

Date in relation to the Acquirer Common Stock comprising the Earn-Out). All covenants, agreements and obligations of the parties hereto

shall expire and be of no further force or effect as of the Closing, except to the extent such covenants, agreements and obligations

provide that they are to be performed after the Closing in which case they shall survive until the expiry of the Maximum Liability Period;

provided, that no right to indemnification pursuant to ‎Article X in respect of any claim based upon any breach of

a covenant, agreement or obligation shall be affected by the expiration of such covenant, agreement or obligation.

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10.4 Set

Off Rights. Without derogating from the sole and exclusive remedy provisions of Section ‎10.2(a), Acquirer may, but shall

not be obligated to, set off any amounts to which the Indemnified Parties are entitled to pursuant to this ‎Article X after

the Closing, against any Earn-Out Consideration, applying such amounts in satisfaction, to the extent of such amount, of such owed amounts,

and without limiting any other rights or remedies of Acquirer hereunder and under applicable Law; provided, however, that

the right to set off shall not apply with respect to the Base Stock Consideration Payments. Any set off rights exercised against Acquirer

Common Stock shall be calculated based on the Acquirer Stock PPS on the Earn-Out Payment Date.

10.5 Claims.

(a) On

or before the Escrow Release Date and from time to time during the Claims Period, Acquirer may deliver to the Shareholders’ Agent,

one or more certificates signed by any officer of Acquirer (each, a “Claim Certificate”):

(i) stating

that an Indemnified Person has incurred, paid, reserved or accrued, or in good faith believes it may incur, pay, reserve or accrue, Indemnifiable

Damages (or that with respect to any Tax matters, that any Tax Authority may raise such matter in audit of Acquirer or its subsidiaries

that could give rise to Indemnifiable Damages);

(ii) stating

the amount of such Indemnifiable Damages, if known, or an estimate thereof (which, in the case of Indemnifiable Damages not yet incurred,

paid, reserved or accrued, may be the maximum amount believed by Acquirer in good faith to be incurred, paid, reserved, accrued or demanded

by a third party); and

(iii) specifying

in reasonable detail (based upon the information then possessed by Acquirer) the individual items of such Indemnifiable Damages included

in the amount so stated and the nature of the claim to which such Indemnifiable Damages are related and the basis for indemnity (by reference

to the specific misrepresentation, breach of warranty, covenant or claim to which such item is related).

(b) Such

Claim Certificate (i) need only specify such information to the knowledge of such officer of Acquirer as of the date thereof, (ii) shall

not limit any of the rights or remedies of any Indemnified Person with respect to the underlying facts and circumstances specifically

set forth in such Claim Certificate and (iii) may be updated and amended from time to time by Acquirer by delivering any updated or amended

Claim Certificate, so long as the delivery of the original Claim Certificate is made within the applicable Claims Period and such update

or amendment relates to the underlying facts and circumstances specifically set forth in such original Claim Certificate. All claims for

Indemnifiable Damages properly set forth in a Claim Certificate or any update or amendment thereto shall remain outstanding until such

claims have been resolved or satisfied, notwithstanding the expiration of the applicable Claims Period. No delay in providing such Claim

Certificate within the applicable Claims Period shall affect an Indemnified Person’s rights hereunder, unless (and then only to

the extent that) the Shareholders’ Agent or the Indemnifying Parties are materially prejudiced thereby.

(c) The

Indemnified Persons shall afford the Shareholders’ Agent and its designated representatives and advisors, upon the Shareholders’

Agent’s written request, such additional information, documents and material as are reasonably necessary in order to allow the Shareholders’

Agent to properly consider, evaluate and respond to the Claim Certificate; provided that Acquirer shall not be required to provide

any such materials that are subject to attorney-client privilege, attorney work product protection or that are subject to confidentiality

obligations or constitute confidential communications.

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(d) At

the time of delivery of any Claims Certificate to the Escrow Agent, a duplicate copy of such Claims Certificate shall be delivered to

the Shareholders’ Agent by or on behalf of Acquirer (on behalf of itself or any other Indemnified Person) and for a period of 30

days after such delivery to the Shareholders’ Agent of such Claims Certificate, the Escrow Agent shall make no payment pursuant

to this Section ‎10.5 unless the Escrow Agent shall have received written authorization from the Shareholders’ Agent

to make such payment. After the expiration of such 30-day period, the Escrow Agent shall make delivery of cash from the Escrow Fund to

Acquirer in accordance with this Section ‎10.5; provided that no such delivery may be made if and to the extent

the Shareholders’ Agent has objected in a written statement to any claim or claims made in the Claims Certificate, and such written

statement shall have been delivered to the Escrow Agent prior to the expiration of such 30-day period.

10.6 Resolution of Objections

to Claims.

(a) If

the Shareholders’ Agent does not contest by written notice to Acquirer, any claim or claims by Acquirer made in any Claim Certificate

within the 30-day period following receipt of the Claim Certificate, the claim or claims shall be deemed to be accepted by the Indemnifying

Parties and Shareholders’ Agent (an “Uncontested Acceptance”), and (i) if recovery was sought from the

Escrow Fund, the Escrow Agent shall, upon Acquirer’s direction, immediately deliver to Acquirer an amount from the Escrow Fund having

a total value equal to the amount of any Indemnifiable Damages corresponding to such claim or claims as set forth in such Claim Certificate

(subject to the limitations set forth herein) and/or Acquirer may, at its sole discretion, either (ii) exercise its set off rights having

a total value equal to the amount of any Indemnifiable Damages corresponding to such claim or claims as set forth in such Claim Certificate

(subject to the limitations set forth herein) and/or (iii) the Indemnifying Parties shall promptly pay to Acquirer their applicable amount

of any Indemnifiable Damages corresponding to such claim or claims as set forth in such Claim Certificate.

(b) If

the Shareholders’ Agent objects in writing to any claim or claims by Acquirer made in any Claim Certificate within the 30-day period

set forth in Section ‎10.6(a), Acquirer and the Shareholders’ Agent shall attempt in good faith for 30 days after

Acquirer’s receipt of such written objection (the “Resolutions Period”) to resolve such objection. If

Acquirer and the Shareholders’ Agent shall so agree, a memorandum setting forth such agreement shall be prepared and signed by both

Acquirer and the Shareholders’ Agent and the provisions of Section ‎10.6(a) above shall apply. The Escrow Agent shall

be entitled to conclusively rely on any such memorandum and, if recovery was sought from the Escrow Fund, the Escrow Agent shall, upon

Acquirer’s direction, immediately deliver to Acquirer an amount of cash from the Escrow Fund having a total value equal to the amount

set forth in such memorandum and/or the Indemnifying Parties shall promptly pay to Acquirer their respective Pro Rata Shares of the amount

set forth in such memorandum (less any amounts paid from the Escrow Fund with respect to such claim or claims) in accordance with the

provisions of this Section ‎10.6(b).

(c) If

no such agreement can be reached during the Resolutions Period, either Acquirer or the Shareholders’ Agent may bring a claim in

connection with such disagreement in accordance with the terms of Section 10.10 to resolve the matter.

(d) The

amount of any claim made by an Indemnified Person against the Escrow Fund and/or the Indemnifying Party(ies) pursuant to the provisions

of this ‎Article X shall be paid (if paid by the Indemnifying Parties and not subject to set-off) within fourteen (14) Business

Days after the earliest occurrence of one of the following events: (i) an Uncontested Acceptance, (ii) a mutual agreement between the

Shareholders’ Agent and Acquirer on the amount of the Indemnifiable Damages, or (iii) if the validity and amount of such claim is

disputed by the Shareholders’ Agent and Acquirer, a judicial determination.

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10.7 Shareholders’

Agent. By executing this Agreement, each Indemnifying Party hereby appoints Mr. Ofer Yarden as the Shareholders’ Agent as of

the Agreement Date for all purposes in connection with this Agreement and the agreements ancillary hereto. The Shareholders’ Agent

shall be the representative, agent and attorney-in-fact for and on behalf of the Indemnifying Parties as of the Agreement Date with the

power and authority to: (i) execute, as the Shareholders’ Agent, this Agreement and any agreement or instrument entered into or

delivered in connection with the Transactions, (ii) give and receive notices, instructions and communications permitted or required under

this Agreement, or any other agreement, document or instrument entered into or executed in connection herewith, for and on behalf of

any Indemnifying Party, to or from Acquirer (on behalf of itself or any other Indemnified Person) relating to this Agreement or any of

the Transactions and any other matters contemplated by this Agreement or by such other agreement, document or instrument ancillary hereto,

(iii) review, negotiate and agree with Acquirer regarding satisfaction of claims asserted by Acquirer (on behalf of itself or any other

Indemnified Person, including by not objecting to such claims) pursuant to this ‎Article X, including authorize Acquirer to

reclaim funds from the Escrow Fund in satisfaction of such claims, (iv) object to (or refrain from contesting) such claims pursuant

to Section ‎10.6, (v) consent or agree to, negotiate, enter into, or, if applicable, contest, prosecute or defend, lawsuits,

settlements and compromises of, and demand arbitration and comply with Orders of courts and awards of arbitrators with respect to, such

claims, resolve any such claims, take any actions in connection with the resolution of any dispute relating hereto or to the Transactions

by litigation, arbitration, settlement or otherwise, and take or forego any or all actions permitted or required of any Indemnifying

Party or necessary in the judgment of the Shareholders’ Agent for the accomplishment of the foregoing and all of the other terms,

conditions and limitations of this Agreement, (vi) consult with legal counsel, accountants and other experts selected by it, solely

at the cost and expense of the Indemnifying Parties, (vii) consent or agree to any amendment to this Agreement or to waive any terms

and conditions of this Agreement providing rights or benefits to the Indemnifying Parties in accordance with the terms hereof and in

the manner provided herein, (viii) pursuant to Section ‎1.5, review, negotiate, object to, accept or agree to Acquirer’s

calculation of Company Net Working Capital, and any other element of the Adjustment Calculation, including authorize Acquirer to reclaim

funds from the Adjustment Escrow Fund with respect thereto, (ix) sell any and all of the Acquirer Common Stock issued to the Paying Agent

or the Escrow Agent, Base Stock Consideration Payments and the Earn-Out Consideration hereunder, for and on behalf of all the Indemnifying

Parties, in accordance with the Trading Limitations, so as to convert such Acquirer Common Stock into cash to be distributed to the Indemnifying

Parties in lieu of such Acquirer Common Stock so issued, (x) pay any broker fees associated with the disposition of any Acquirer Common

Stock issued to any of the Securityholders hereunder, and (xi) take all actions necessary or appropriate in the judgment of the

Shareholders’ Agent for the accomplishment of the foregoing and for the consummation of the Transactions, in each case without

having to seek or obtain the consent of any Person under any circumstance. Acquirer and its Affiliates (including after the Closing,

the Company) shall be entitled to rely on the appointment of the Shareholders’ Agent as the duly appointed attorney-in-fact of

each Indemnifying Party and as having the duties, power and authority provided for in this Section ‎‎‎10.7. The

Indemnifying Parties shall be bound by all actions taken and documents executed by the Shareholders’ Agent on their behalf, and

Acquirer and other Indemnified Persons shall be entitled to rely exclusively on any action or decision of the Shareholders’ Agent.

Any Person serving as the Shareholders’ Agent may be removed or replaced from time to time, or if such Person resigns from its

position as the Shareholders’ Agent (which it may do at any time upon 30 days’ prior written notice to the Indemnifying Parties

and the other Persons serving as the Shareholders’ Agent), then a successor may be appointed, by all the Indemnifying Parties upon

not less than ten (10) days’ prior written notice to Acquirer. If any Person serving as the Shareholders’ Agent is removed

or resigns and is not replaced, then the remaining Person(s) serving as the Shareholders’ Agent shall be authorized to serve as

the Shareholders’ Agent in all respects. Notwithstanding the foregoing, the Shareholders’ Agent shall have no obligation

to act on behalf of the Indemnifying Parties, except as expressly provided herein and in the Escrow Agreement, and for purposes of clarity,

there are no obligations of the Shareholders’ Agent in any ancillary agreement, schedule, exhibit or the Company Disclosure Letter.

The immunities and rights to indemnification set forth herein shall survive the resignation or removal of the Shareholders’ Agent

and the Closing and/or any termination of this Agreement. No bond shall be required of the Shareholders’ Agent and the Escrow Agreement.

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(b) The

Shareholders’ Agent (including its members, managers, directors, officers, contractors, agents, employees, affiliates and other

representatives) shall not be liable to any Indemnifying Party for any act done or omitted hereunder as the Shareholders’ Agent

while acting in good faith (and any act done or omitted pursuant to the advice of counsel shall be conclusive evidence of such good faith)

and without willful misconduct. The Shareholders’ Agent shall serve as the Shareholders’ Agent without compensation; provided,

that the Indemnifying Parties shall severally but not jointly indemnify the Shareholders’ Agent (including its members, managers,

directors, officers, contractors, agents, employees, affiliates and other representatives) and hold them harmless against any loss, Liability

or expense incurred without willful misconduct or bad faith on the part of the Shareholders’ Agent and arising out of, resulting

from or in connection with the acceptance or administration of its duties hereunder, including all reasonable out-of-pocket costs and

expenses and legal fees and other legal costs reasonably incurred by the Shareholders’ Agent. If not paid directly to the Shareholders’

Agent by the Indemnifying Parties, such losses, Liabilities or expenses may be recovered by the Shareholders’ Agent from the Indemnifying

Parties according to their respective Pro Rata Shares of such losses, Liabilities or expenses. In no event will the Shareholders’

Agent be required to advance its own funds on behalf of the Indemnifying Parties or otherwise. The powers, immunities and rights to indemnification

granted to the Shareholders’ Agent herein (i) are coupled with an interest and shall be irrevocable and survive the death, incompetence,

bankruptcy or liquidation of any Indemnifying Party and shall be binding on any successor thereto, and (ii) shall survive the delivery

of an assignment by any Indemnifying Party.

(c) Any

notice or communication given or received by, and any decision, action, failure to act within a designated period of time, agreement,

consent, settlement, resolution or instruction of, the Shareholders’ Agent that is within the scope of the Shareholders’ Agent’s

authority hereunder shall constitute a notice or communication to or by, or a decision, action, failure to act within a designated period

of time, agreement, consent, settlement, resolution or instruction of all the Indemnifying Parties and shall be final, binding and conclusive

upon each such Indemnifying Party and its successors as if expressly confirmed and ratified in writing by such Indemnifying Party, and

all defenses which may be available to any Indemnifying Party to contest, negate or disaffirm the action of the Shareholders’ Agent

taken in good faith under this Agreement, or any related agreements (including the Paying Agent Agreement and Escrow Agreement) are hereby

waived; and each Indemnified Person shall be entitled to rely exclusively upon any such notice, communication, decision, action, failure

to act within a designated period of time, agreement, consent, settlement, resolution or instruction as being a notice or communication

to or by, or a decision, action, failure to act within a designated period of time, agreement, consent, settlement, resolution or instruction

of, each and every such Indemnifying Party. The Company, Acquirer and the Indemnified Persons are hereby relieved from any Liability to

any Person for any acts done by them in accordance with such notice, communication, decision, action, failure to act within a designated

period of time, agreement, consent, settlement, resolution or instruction of the Shareholders’ Agent. The Shareholders’ Agent

shall be entitled to (i) rely upon the Spreadsheet, (ii) rely upon any signature believed by it to be genuine, and (iii) reasonably assume

that a signatory has proper authorization to sign on behalf of the applicable Indemnifying Party or other party.

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10.8 Third-Party Claims.

In the event Acquirer becomes aware of a claim by a third party (a “Third-Party Claim”)

that Acquirer believes in good faith may result in a claim for Indemnifiable Damages by or on behalf of an Indemnified Person, it shall

promptly notify the Shareholders’ Agent of such Third-Party Claim and the basis for such belief, provided, however, that the failure

to so notify the Indemnifying Parties shall not relieve the Indemnifying Parties of any liability except to the extent that such Indemnifying

Parties demonstrate that the defense of such action is materially prejudiced thereby. Acquirer shall have the right in its sole discretion

to conduct the defense of and to settle or resolve any Third-Party Claim (and the out-of-pocket costs and expenses incurred by Acquirer

in connection with such defense, settlement or resolution (including reasonable attorneys’ fees, other professionals’ and

experts’ fees and court costs) shall be included in the Indemnifiable Damages for which Acquirer may seek indemnification pursuant

to a claim made hereunder, and such costs and expenses shall constitute Indemnifiable Damages subject to indemnification under Section

‎10.1(a)), provided that any settlement

of a Third-Party Claim by Acquirer without the written consent of the Shareholders’ Agent (which consent shall not be unreasonably

withheld, conditioned or delayed) shall not be determinative of the amount of Indemnifiable Damages incurred by the Indemnified Party

in connection with such Third Party Claim. The Shareholders’ Agent shall have the right to receive copies of all pleadings, notices

and communications with respect to such Third-Party Claim to the extent that receipt of such documents does not affect any privilege

relating to any Indemnified Person, subject to execution by the Shareholders’ Agent of Acquirer’s (and, if required, such

third party’s) non-disclosure agreement to the extent that such materials contain confidential or propriety information. The Shareholders’

Agent may participate in (but not control) any Third-Party Claim or any action related to such Third-Party Claim. In the event that the

Shareholders’ Agent has consented to the amount of any settlement or resolution by Acquirer of any such claim (which consent shall

not be unreasonably withheld, conditioned or delayed and which consent shall be deemed to have been given, unless the Shareholders’

Agent shall have objected within 10 Business Days after a written request therefor by Acquirer), or if the Shareholders’ Agent

shall have been determined by a court to have unreasonably withheld, conditioned or delayed its consent, neither the Shareholders’

Agent nor any Indemnifying Party shall have any power or authority to object to any claim by or on behalf of any Indemnified Person against

the Escrow Fund or the Indemnifying Party for indemnity with respect to such settlement or resolution. In the event the Acquirer elects

not to assume the defense of such Third-Party Claim, then the Shareholders’ Agent shall be entitled to control the defense of such

Third-Party Claim and to employ separate counsel of its choice for such purpose, in which event the Shareholders’ Agent shall be

deemed to agree to indemnify the Indemnified Parties in connection with such Third-Party Claim in accordance with the provisions hereof.

In such event, the Shareholders’ Agent shall keep Acquirer informed of all proceedings and matters related to handling such Third

Party Claim, and shall not settle such Third Party Claim without the consent of Acquirer (which consent shall not be unreasonably withheld,

conditioned or delayed). For the avoidance of doubt, nothing in the foregoing shall be deemed as an agreement to waive or amend any limitation

on indemnification contained in this Agreement, and any indemnification with respect thereto shall be subject to the limitations contained

in this Agreement. If the Shareholders’ Agent assumed the conduct of the defense then, subject to the Acquirer’s prior written

consent (which shall not be unreasonably withheld, delayed or conditioned) Shareholders’ Agent shall be entitled to settle or resolve

any such Third Party Claim, and shall inform the Acquirer promptly of any such settlement or resolution. In such case, the Shareholders’

Agent shall be deemed to agree on behalf of the Indemnifying Parties to indemnify the Indemnified Parties in connection with such Third-Party

Claim in accordance with the provisions hereof. The ability to assume and conduct the defense and settle in such Third Party Claim shall

apply only if: (x) such settlement, compromise, default or judgment includes a release by the plaintiff or claimant of the Indemnified

Persons from all Liability with respect to all matters relating to such Third Party Claim, and (y) such settlement, compromise, default

or judgment does not include any admission of fault or wrongdoing on the part of the Indemnified Persons. Notwithstanding the foregoing,

the Shareholders’ Agent shall not be entitled to assume the defense of such claim: (I) if a claim involves or could reasonably

be expected to involve monetary damages in excess of the limit of an Indemnifying Party’s liability hereunder or a claim for non-monetary

relief; or (II) if (1) an actual conflict of interest, or actual differing defenses between the Indemnifying Parties and the Indemnified

Persons exists (in the reasonable opinion of the Indemnified Persons’ counsel) in respect of any such claim, or if such claim involves

Tax issues or Intellectual Property issues; or (2) a claim relates to or arises in connection with any criminal proceeding, action, indictment

or allegation or investigation. The Indemnified Persons may, at their sole discretion, participate in such defense through separate counsel

at their sole cost and expense.

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10.9 Exclusive Remedy.

Acquirer and the Indemnified Persons agree that Indemnified Persons’ sole and exclusive remedy after the Closing with respect to

any and all Indemnifiable Damages relating to this Agreement, and any and all Indemnifiable Damages with respect to any representations,

warranties, covenants and agreements in this Agreement, shall be pursuant to the indemnification provisions set forth in this ‎Article

X; provided, however, that the foregoing clause of this sentence shall not be deemed a waiver by any party of any right to specific

performance or injunctive relief.

10.10 Treatment of Indemnification

Payments. The Indemnifying Parties, the Shareholders’ Agent and Acquirer agree to treat (and cause their respective Affiliates

to treat) any payment received by the Indemnified Persons pursuant to this ‎Article X as adjustments to the Aggregate Consideration

for all Tax purposes, to the maximum extent permitted by Applicable Law.

Article

XI

General Provisions

11.1 Notices. All

notices, requests, consents, claims, demands, waivers and other communications hereunder shall be in writing and shall be deemed given

if delivered personally or by commercial delivery service, or mailed by registered or certified mail (return receipt requested) or sent

via electronic mail to the parties hereto at the following address (or at such other address for a party as shall be specified by like

notice):

(a) if

to Acquirer, to:

Ondas Inc.

222 Lakeview Avenue, Suite 800, West Palm Beach, Florida

33401

Attention: Eric Brock, Gilad Yacubovich

Email: [***]

with copies (which shall not constitute notice) to:

Meitar | Law Offices

16 Abba Hillel Road, Ramat-Gan, 5250608, Israel

Attention: Assaf Oz, Adv.

Email: [***]

(b) If

to the Company, to:

Omnisys Ltd.

13 Amal St. Rosh Ha’ayin, 4809249, Israel

Attention: Ofer Yarden, CEO

Email: [***]

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If to the Shareholders’ Agents, to:

Ofer Yarden

308 Nof Sadot St. Olesh, Israel

Email: [***]

with a copy (which shall not constitute notice) to:

Shibolet Law Firm

4 Yitzhak Sadeh St. Tel Aviv 6777504, Israel

Attention: Ofer Manor, Adv.

Email: [***]

Any notice given as specified in this Section ‎11.1

(i) if delivered personally or sent by electronic mail transmission shall conclusively deemed to have been given or served at the time

of dispatch if sent or delivered on a Business Day or, if not sent or delivered on a Business Day, on the next following Business Day

and (ii) if sent by commercial delivery service or mailed by registered or certified mail (return receipt requested) shall conclusively

be deemed to have been received on the fifth Business Day after the post of the same.

11.2 Interpretation.

When a reference is made herein to Articles, Sections, subsections, Schedules or Exhibits, such reference shall be to an Article, Section

or subsection of, or a Schedule or an Exhibit to this Agreement unless otherwise indicated. The headings contained herein are for reference

purposes only and shall not affect in any way the meaning or interpretation of this Agreement. The words “include,” “includes”

and “including” when used herein shall be deemed in each case to be followed by the words “without limitation.”

Where a reference is made to a Contract, instrument or Applicable Law, such reference is to such Contract, instrument or Applicable Law

as amended, modified or supplemented, including (in the case of Contracts or instruments) by waiver or consent and (in the case of Applicable

Law) by succession of comparable successor Applicable Law and references to all attachments thereto and instruments incorporated therein.

Unless the context of this Agreement otherwise requires: (i) words of any gender include each other gender and neutral forms of such

words, (ii) words using the singular or plural number also include the plural or singular number, respectively, (iii) the terms “hereof,”

“herein,” “hereto,” “hereunder” and derivative or similar words refer to this entire Agreement, (iv)

references to clauses without a cross-reference to a Section or subsection are references to clauses within the same Section or, if more

specific, subsection, (v) references to any person include the successors and permitted assigns of that person, (vi) references from

or through any date shall mean, unless otherwise specified, from and including or through and including, respectively, (vii) subject

to clause (viii) below, the phrases “provide to,” “made available” and “deliver to” and phrases of

similar import mean that a true, correct and complete paper or electronic copy of the information or material referred to has been delivered

to the party to whom such information or material is to be provided and (viii) the phrases “provided to Acquirer” or “made

available to Acquirer” and phrases of similar import means, with respect to any information, document or other material of the

Company or its Affiliates, that such information, document or material was made available for review and properly indexed by the Company

and its Representatives in the virtual data room established by Acquirer in connection with this Agreement at least 48 hours prior to

the execution of this Agreement or actually delivered (whether by physical or electronic delivery) to Acquirer or its Representatives

at least 48 hours prior to the execution of this Agreement. The symbol “$” refers to United States Dollars. The word “extent”

in the phrase “to the extent” means the degree to which a subject or other thing extends and such phrase shall not mean simply

“if.” All references to “days” shall be to calendar days unless otherwise indicated as a “Business Day.”

Any action otherwise required to be taken on a day that is not a Business Day shall instead be required to be taken on the next succeeding

Business Day, and if the last day of a time period is a non-Business Day, such period shall be deemed to end on the next succeeding Business

Day. The terms “U.S.” and “United States” shall refer to the United States of America. References to the Company

shall mean the Company and its Subsidiary, except as otherwise indicated herein.

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11.3 Amendment. Subject

to Applicable Law, the parties hereto may amend this Agreement by authorized action at any time prior to the Closing pursuant to an instrument

in writing signed on behalf of each of the Company, the Shareholders’ Agent and Acquirer. Acquirer and the Shareholders’

Agent may cause this Agreement to be amended at any time after the Closing by execution of an instrument in writing signed on behalf

of Acquirer and the Shareholders’ Agent.

11.4 Extension; Waiver.

At any time at or prior to the Closing, the Company, the Shareholders’ Agent (on behalf of the Company Shareholders) and Acquirer

may, to the extent legally allowed, (i) extend the time for the performance of any of the obligations or other acts of the other parties

hereto owed to such party, (ii) waive any inaccuracies in the representations and warranties made to such party contained herein or in

any document delivered pursuant hereto and (iii) waive any breaches of any of the covenants, agreements, obligations or conditions for

the benefit of such party contained herein. At any time after the Closing, Acquirer and the Shareholders’ Agent (on behalf of the

Company Shareholders) may, to the extent legally allowed, (A) extend the time for the performance of any of the obligations of the other

owed to such party, (B) waive any inaccuracies in the representations and warranties made to such party contained herein or in any document

delivered pursuant hereto or (C) waive compliance with any of the covenants, agreements, obligations or conditions for the benefit of

such party contained herein. Any such extension or waiver shall be valid only if set forth in an instrument in writing that is (I) prior

to the Closing with respect to the Company and/or the Company Shareholders, signed by the Company and the Shareholders’ Agent,

(II) after the Closing with respect to the Indemnifying Parties and/or the Shareholders’ Agent, signed by the Shareholders’

Agent and (III) with respect to the Company and the Acquirer, signed by Acquirer. Without limiting the generality or effect of the preceding

sentence, no failure to exercise or delay in exercising any right under this Agreement shall constitute a waiver of such right, and no

waiver of any breach or default shall be deemed a waiver of any other breach or default of the same or any other provision herein.

11.5 Counterparts.

This Agreement may be executed in one or more counterparts, all of which shall be considered one and the same instrument and shall become

effective when one or more counterparts have been signed by each of the parties hereto and delivered to the other parties hereto; it

being understood and agreed that all parties hereto need not sign the same counterpart. The delivery by facsimile or by electronic delivery

in PDF format of this Agreement with all executed signature pages (in counterparts or otherwise) shall be sufficient to bind the parties

hereto to the terms and conditions set forth herein. All of the counterparts will together constitute one and the same instrument and

each counterpart will constitute an original of this Agreement.

11.6 Entire Agreement;

Parties in Interest. This Agreement and the documents and instruments and other agreements specifically referred to herein or delivered

pursuant hereto, including all the exhibits attached hereto, the Schedules, including the Company Disclosure Letter, (a) constitute the

entire agreement among the parties hereto with respect to the subject matter hereof and supersede all prior agreements and understandings,

both written and oral, among the parties hereto with respect to the subject matter hereof, except for the Mutual Non-Disclosure Agreement

dated 2026, which shall continue in full force and effect, and shall survive any termination of this Agreement, in accordance with its

terms and (b) are not intended to confer, and shall not be construed as conferring, upon any Person other than the parties hereto any

rights or remedies hereunder (except that ‎Article X is intended to benefit the Indemnified Persons).

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11.7 Assignment. Neither

this Agreement nor any of the rights and obligations under this Agreement may be assigned or delegated, in whole or in part, by operation

of law or otherwise by any of the parties hereto without the prior written consent of the other parties hereto, and any such assignment

without such prior written consent shall be null and void, except that Acquirer may assign its rights and delegate its obligations under

this Agreement to any direct or indirect or wholly owned Subsidiary of Acquirer or of Ondas, Inc., without the prior consent of any other

party hereto. Subject to the preceding sentence, this Agreement shall be binding upon, inure to the benefit of, and be enforceable by,

the parties hereto and their respective successors and assigns.

11.8 Severability.

In the event that any provision of this Agreement, or the application thereof, becomes or is declared by a court of competent jurisdiction

to be illegal, invalid, void or unenforceable, the remainder of this Agreement shall continue in full force and effect and shall be interpreted

so as reasonably necessary to effect the intent of the parties hereto. The parties hereto shall use all reasonable efforts to replace

such illegal, invalid, void or unenforceable provision of this Agreement with a legal, valid and enforceable provision that shall achieve,

to the greatest extent possible, the economic, business and other purposes of such illegal, invalid, void or unenforceable provision.

11.9 Remedies Cumulative;

Specific Performance. Except as otherwise provided herein, any and all remedies herein expressly conferred upon a party hereto shall

be deemed cumulative with and not exclusive of any other remedy conferred hereby, or by law or equity upon such party, and the exercise

by a party hereto of any one remedy shall not preclude the exercise of any other remedy and nothing herein shall be deemed a waiver by

Acquirer of any right to specific performance or injunctive relief. It is accordingly agreed that Acquirer shall be entitled to an injunction

or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions hereof, this being in addition

to any other remedy to which it is entitled at law or in equity, and the parties hereto hereby waive the requirement of any posting of

a bond in connection with the remedies described herein.

11.10 Submission to Jurisdiction;

Consent to Service of Process. The parties hereto hereby irrevocably submit to the exclusive jurisdiction of the courts of Tel Aviv,

Jaffa in the State of Israel, in respect of the interpretation and enforcement of the provisions of this Agreement and of the documents

referred to herein, and in respect of the Transactions, and hereby waive, and agree not to assert, as a defense in any action, suit or

proceeding for the interpretation or enforcement hereof or thereof, that it is not subject thereto or that such action, suit or proceeding

may not be brought or is not maintainable in said courts or that the venue thereof may not be appropriate or that this Agreement or any

such document may not be enforced in or by such courts, and the parties hereto irrevocably agree that all claims with respect to such

action or proceeding shall be heard and determined in the Tel-Aviv court. The parties hereto hereby consent to and grant any such court

jurisdiction over the person of such parties and over the subject matter of such dispute and agree that mailing of process or other papers

in connection with any such action or proceeding in the manner provided in this Section ‎11.10

or in such other manner as may be permitted by Applicable Law, shall be valid and sufficient service thereof. With respect to any particular

action, suit or proceeding, venue shall lie solely in Tel Aviv, Israel. A party hereto may apply to a court of competent jurisdiction,

if one has been appointed, for prejudgment remedies and emergency relief pending final determination of a claim pursuant to this Section

‎11.10.

11.11 Governing Law.

This Agreement shall be governed by and construed in accordance with the laws of the State of Israel without reference to such state’s

principles of conflicts of law that would refer a matter to a different jurisdiction.

11.12 Rules of Construction.

The parties hereto have been represented by counsel during the negotiation, preparation and execution of this Agreement and, therefore,

hereby waive, with respect to this Agreement, each Schedule and each Exhibit attached hereto, the application of any Applicable

Law or rule of construction providing that ambiguities in an agreement or other document shall be construed against the party drafting

such agreement or document.

[Signature

Page Follows]

86

IN WITNESS WHEREOF, Acquirer,

the Company, the Company Shareholders and the Shareholders’ Agent have caused this Share Purchase Agreement to be executed and delivered

by their respective officers thereunto duly authorized (or with respect to those Company Shareholders who are individuals, personally

in their capacity as such), all as of the date first written above.

ACQUIRER:

By:

/s/ Eric Brock

Name:

Eric Brock

Title:

Chairman and CEO

IN WITNESS WHEREOF, Acquirer, the Company, the Company Shareholders

and the Shareholders’ Agent have caused this Share Purchase Agreement to be executed and delivered by their respective officers

thereunto duly authorized (or with respect to those Company Shareholders who are individuals, personally in their capacity as such),

all as of the date first written above.

Company:

By:

/s/ Ofer Yarden

Name:

Ofer Yarden

Title:

CEO

IN WITNESS WHEREOF, Acquirer, the Company, the

Company Shareholders and the Shareholders’ Agent have caused this Share Purchase Agreement to be executed and delivered by their

respective officers thereunto duly authorized (or with respect to those Company Shareholders who are individuals, personally in their

capacity as such), all as of the date first written above.

COMPANY SHAREHOLDERS:

/s/ Ofer Yarden

Ofer Yarden (as personal capacity and as Shareholders Agent)

/s/ Alfred Zimet

Alfred Zimet

/s/ Ofer Yarden

Altshare Trusts Ltd (in trust for Alfred Tzimet)

By: Ofer Yarden as proxy

LIST OF EXHIBITS

Exhibit A – Company Shareholders

Exhibit B – Registration Rights Agreement

Schedule I

DEFINITIONS

As used in this Agreement, the following terms

shall have the meanings indicated below.

“102 Trustee”

shall mean the trustee appointed by the Company in accordance with the provisions of the Israel Tax Ordinance, and approved by the ITA,

with respect to Company 102 Shares.

“Accredited Investor”

means as defined in Rule 501(a) under the Securities Act.

“Acquirer Common

Stock” means the Common Stock, $0.0001 par value per share, of Acquirer.

“Acquired Companies”

means the Company, Omnisys Ltd. Consulting Services Ltd. and Omnisys Investments Ltd.

“Acquirer Stock

PPS” means, (i) with respect to Acquirer Common Stock issued to the Company Shareholders at the Closing, the Volume Weighted

Average Price of such Acquirer Common Stock on the Trading Market on the Trading Day immediately prior to the Closing Date or prior to

each subsequent Base Stock Consideration Payment Date, and (ii) with respect to Acquirer Common Stock issued to the Company Shareholders

on the Earn Out Payment Date, the Volume Weighted Average Price of such Acquirer Common Stock on the Trading Market on the Trading Day

immediately prior to the issuance thereof.

“Acquisition Proposal”

means, with respect to the Company and its Subsidiaries, an agreement, offer or proposal for, or any indication of interest in, any direct

or indirect acquisition of the Company and/or of any of its Subsidiaries or of all or a substantial portion of the assets of the Company

and/or any of its Subsidiaries, whether by way of a merger, consolidation, asset sale, stock purchase, recapitalization, other combination

or otherwise, or any material, non-ordinary course development, license, joint venture transaction, or equity or debt financing, other

than any offer, proposal or indication of interest made by or on behalf of Acquirer.

“Acquisition Rights”

means any transfer restrictions, rights to purchase, rights of first refusal, negotiation or notice, or other similar rights or restrictions

which relate to any Equity Interests or assets of the Company or its Subsidiaries, whether arising under the Charter Documents of the

Company and its Subsidiary, any Contracts, Applicable Laws or otherwise.

“Adjusted Consideration”

means (i) $199,000,000 minus (ii) (a) NIS 7,000,000 divided by (b) the US$:NIS exchange rate as of the business day immediately

preceding the Closing Date.

“Affiliate”

means, with respect to any Person, any other Person that directly or indirectly through one or more intermediaries controls, or is controlled

by, or is under common control with, such Person, including any general partner, managing member, officer or director of such Person or

any venture capital fund now or hereafter existing that is controlled by one or more general partners or managing members of, or shares

the same management company with, such Person, in each case as of the date on which, or at any time during the period for which, the determination

of affiliation is being made, but excluding, in the case of any Person that is a public company (or a Subsidiary of a public company),

any Person that controls such public company; or, in the case of an individual, the spouse, child, adopted child, stepchild or other lineal

descendants of such Person or any trust or other entity principally for the benefit of such Person. For purposes of this definition,

the term “control” (including the correlative meanings of the terms “controlled by” and “under common control

with”), as used with respect to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction

of the management policies of such Person, whether through the ownership of more than 50% of the voting securities or by Contract or otherwise.

Sch 1-1

“Aggregate Consideration”

means the sum of the Base Stock Consideration and, to the extent due and payable in accordance with the provisions hereof, the Earn-Out

Consideration.

“Anti-Corruption

Law” means any Applicable Law relating to anti-bribery or anti-corruption (governmental or commercial), including the Foreign

Corrupt Practices Act of 1977, as amended, Section 291(a) of the Israeli Penal Code of 1977, the UK Bribery Act 2010, and any other Applicable

Law that prohibits the corrupt payment, offer, promise or authorization of the payment or transfer of anything of value (including gifts

or entertainment), directly or indirectly, to any Person, including any Government Official.

“Applicable Law”

means, with respect to any Person, any national, federal, state, foreign, local, municipal or other law, statute, constitution, legislation,

principle of common law, resolution, ordinance, code, edict, decree, rule, directive, guidance, license, permit, regulation, ruling or

requirement issued, enacted, adopted, promulgated, implemented or otherwise put into effect by or under the authority of any Governmental

Entity and any Orders applicable to such Person or such Person’s Affiliates or to any of their respective assets, properties or

businesses.

“Base Stock Consideration”

means Acquirer Common Stock valued, without duplications, at the lower of: (a) the Adjusted Consideration or (b) (i) the Adjusted Consideration,

plus (ii) the Estimated Closing Net Working Capital Adjustment, plus (iii) the Estimated Company Cash, less

(iv) the Estimated Company Debt, less (v) the Estimated Transaction Expenses, as such sums are set forth in the Spreadsheet, based

on the Acquirer Stock PPS.

“Base Stock Consideration

Payment Date(s)” or the “Payment Date(s)”, as applicable, means each of the Closing Date, the

Second Payment Date, the Third Payment Date, the Fourth Payment Date, the Fifth Payment Date, the Sixth Payment Date and the Seventh Payment

Date.

“Base Stock Consideration

Payments” means Acquirer Common Stock constituting the Base Stock Consideration, issued on each of the following dates,

in each case, valued in accordance with their respective Acquirer Stock PPS: (i) US $29,000,000 on the Closing Date, (ii) US $28,500,000

on the 4th Trading Day after the Closing Date (the “Second Payment Date”), (iii) US $28,500,000on

the 8th Trading Day after the Closing Date (the “Third Payment Date”),(iv) US $28,500,000on the 12thTrading

Day after the Closing Date (the “Fourth Payment Date”); (v) US $28,500,000 on the 16th Trading Day

after the Closing Date (the “Fifth Payment Date”); (vi) US $28,500,000 on the 20th Trading Day after the

Closing Date (the “Sixth Payment Date”); and (vii) the balance on the 24th Trading Day after the Closing

Date (the “Seventh Payment Date”).

“Business”

means the business of the Acquired Companies as currently conducted and as currently proposed to be conducted by the Acquired Companies,

provided, however, that solely for purposes of Section ‎7.10(d), the maintenance of nostro accounts and the conduct of investment,

trading and related treasury activities shall not be deemed “Business”.

“Business Day”

means a day (i) other than Friday, Saturday or Sunday and (ii) on which commercial banks are open for business in the United States or

in the State of Israel.

“Cause”

means (i) Ofer Yarden’s conviction of a crime of moral turpitude, or any crime which includes an element of fraud; (ii) Ofer Yarden’s

engagement in theft, embezzlement, or self-dealing, in each case, towards the Company or Acquirer; (iii) a material breach of Ofer Yarden’s

non-compete, confidentiality and non-disclosure obligations towards the Company which, to the extent such breach is curable, has not been

cured by Ofer Yarden within 14 days after Ofer Yarden’s receipt of a written notice thereof; (iv) a breach of Ofer Yarden’s

fiduciary duty to the Company; or (v) any other act or omission which is determined to be grounds for dismissal or termination without

severance payments under applicable Israeli law.

Sch 1-2

“Closing Net Working

Capital Adjustment” means the amount (which may be a positive or negative number) equal to (i) the Company Net Working Capital,

minus (ii) the Closing Net Working Capital Target.

“Closing Net Working

Capital Target” means US $16,660,535.

“Code”

means the Internal Revenue Code of 1986, as amended.

“Company 102 Shares”

shall mean Company Ordinary Share which is subject to tax under Section 102(b)(2) of the Israeli Income Tax Ordinance.

“Company Cash”

means, without duplication, the aggregate unrestricted cash and cash equivalents of the Company, determined in accordance with Israeli

GAAP, as of immediately prior to the Closing, excluding for the avoidance of doubt, any Trapped Cash.

“Company Debt”

means, as of immediately prior to the Closing, without duplication, in accordance with Israeli GAAP: (i) all obligations (including the

principal amount thereof or, if applicable, the accreted amount thereof and the amount of accrued and unpaid interest thereon) of the

Company and its Subsidiaries, whether or not represented by bonds, debentures, notes or other securities (whether or not convertible into

any other security), for the repayment of money borrowed, whether owing to banks, financial institutions, on equipment leases or otherwise,

(ii) all deferred indebtedness of the Company and its Subsidiaries for the payment of the purchase price of property or assets purchased,

including any earn-outs (at the maximum amount) or deferred consideration for the acquisition of any business (other than accounts payable

incurred in the ordinary course of business), (iii) all outstanding reimbursement obligations of the Company and its Subsidiaries with

respect to letters of credit, bankers’ acceptances or similar facilities issued for the account of the Company, (iv) all obligations

of the Company and its Subsidiaries under any interest rate swap agreement, forward rate agreement, interest rate cap or collar agreement

or other financial agreement or arrangement entered into for the purpose of limiting or managing interest rate risks, (v) all obligations

secured by any Encumbrance existing on property owned by the Company and its Subsidiaries, whether or not indebtedness secured thereby

will have been assumed, (vi) all premiums, penalties, fees, expenses, breakage costs and change of control payments required to be paid

in respect of any of the foregoing on prepayment as a result of the consummation of the Transactions or in connection with any lender

consent in connection therewith, (vii) all unpaid Pre-Closing Taxes, which, notwithstanding anything to the contrary, shall be calculated

as of the end of the Closing Date, (viii) all defined benefit or defined contribution pension, multiemployer pension, post-retirement

health and welfare benefit, accrued annual or other bonus obligations, any unpaid severance liabilities currently being paid or payable

in respect of employees and service providers of the Company or its Subsidiaries who terminated employment or whose services to the Company

or its Subsidiaries have ceased (as applicable) prior to the Closing and deferred compensation liabilities of the Company or its Subsidiaries,

together, in each case, with any associated employer payroll taxes, (ix) obligations as lessee under leases that have been or should

be, in accordance with Israeli GAAP, recorded as capital or financing leases; (x) obligations, contingent or otherwise, as an account

party or applicant in respect of letters of credit; (xi) obligations, contingent or otherwise, in respect of bankers’ acceptances;

(xii) bank overdrafts and similar items; and (xiii) all guaranties, endorsements, assumptions and other contingent obligations of the

Company and its Subsidiaries in respect of, or to purchase or to otherwise acquire, any of the obligations and other matters of the kind

described in any of the clauses (i) through (xiii) appertaining to third parties. Notwithstanding anything herein to the contrary, Company

Debt shall not include Liabilities between the Company and the Subsidiaries and shall exclude items to the extent covered also under Transaction

Expenses.

Sch 1-3

“Company Net Working

Capital” means, without duplication, as of immediately prior to the Closing, the current assets (other than cash) of the

Acquired Companies minus the current liabilities of the Acquired Companies (in each case, calculated in accordance with Israeli

GAAP), and specifically including all Liabilities for deferred revenue (current and long-term), payroll obligations accrued or accruable

by or for the Acquired Companies’ employees as of the Closing, and specifically excluding Liabilities between the Company and the

Subsidiaries and the Disregarded Expense. Current liabilities included in Company Net Working Capital shall exclude items to the extent

covered also under Transaction Expenses and Company Debt.

“Company Option

Plan” means, collectively, with respect to any Person who is a corporation, each share option plan, program or arrangement,

and any appendixes thereto.

“Company Options”

means options to purchase Company Shares pursuant to the Company Option Plan.

“Company Securities”

means Company Shares, any equity securities convertible into Company Shares and Company Options.

“Company Shares”

means the Ordinary Shares of the Company, of par value NIS 1, and including, for the avoidance of doubt, Company 102 Shares.

“Contract”

means any written or oral legally binding contract, agreement, instrument, commitment or undertaking of any nature (including leases,

subleases, licenses, mortgages, notes, guarantees, sublicenses, subcontracts, letters of intent and purchase orders), including all amendments,

supplements, exhibits and schedules thereto.

“Current

Resale Shelf Registration Statement” means Acquirer’s automatic shelf registration statement on Form S-3 filed by

Acquirer with the SEC on September 9, 2025 (File No. 333-290121), including the prospectus, amendments and supplements (including each

Prosupp) to such registration statement or prospectus (including post-effective amendments, all exhibits thereto and all material incorporated

by reference or deemed to be incorporated by reference, if any, in such registration statement), or any replacement thereof (including,

for the elimination of doubt, any replacement registration statement filed in accordance with Section 1(b) of the Registration Rights

Agreement).

“Disability”

shall mean physical or mental injury, illness or disability which results in Ofer Yarden’s inability to perform the material duties

and responsibilities under his Retention and Employment Agreement for a period of more than 45 consecutive days, or for a period of 90

days in the aggregate in a 12-month period irrespective of whether such days are consecutive (or such longer period as may be required

by law), as the result of his incapacity due to physical or mental injury, illness or disability, confirmed in writing by a physician

(or immediately if a physician determines that such individual is unable on a non-temporary basis to exercise managerial judgment).

Sch 1-4

“D&O Indemnitees”

means, collectively, current or former directors, managers and officers and any Person who becomes a director, manager or officer of the

Company or the Subsidiary prior to the Closing.

“Earn-Out Consideration”

means Acquirer Common Stock in such amount calculated in accordance with ‎Article II, based on their respective Acquirer Stock

PPS, to be issued, if applicable in accordance with the provisions hereof, on the Earn-Out Payment Date.

“Employee”

shall mean any current or past employee and Contingent Workers of any Acquired Company.

“Encumbrance”

means, with respect to any asset, any mortgage, equitable interest, deed of trust, lien (statutory or other), pledge, charge, security

interest, title retention device, conditional sale or other security arrangement, collateral assignment, claim, community property interest,

adverse claim of title, ownership or right to use, right of first refusal, restriction or other encumbrance of any kind in respect of

such asset (including any restriction on (i) the voting of any security or the transfer of any security or other asset, (ii) the

receipt of any income derived from any asset, (iii) the use of any asset and (iv) the possession, exercise or transfer of any

other attribute of ownership of any asset).

“Environmental,

Health and Safety Requirements” means all Applicable Law concerning or relating to worker/occupational health and safety,

or pollution or protection of the environment, including those relating to the presence, use, manufacturing, refining, production, generation,

handling, transportation, treatment, recycling, transfer, storage, disposal, distribution, importing, labeling, testing, processing, discharge,

release, threatened release, control or other action or failure to act involving cleanup of any hazardous materials, substances or wastes,

chemical substances or mixtures, pesticides, pollutants, contaminants, toxic chemicals, petroleum products or byproducts, asbestos, polychlorinated

biphenyls, noise or radiation, each as amended and as now in effect.

“Equity Interests”

means, with respect to any Person, any share capital of, or other ownership, membership, partnership, joint venture or equity interest

in, such Person or any indebtedness, securities, options, warrants, call, subscription or other rights or entitlements of, or granted

by, such Person or any of its Affiliates that are convertible into, or are exercisable or exchangeable for, or giving any Person any right

or entitlement to acquire any such capital stock or other ownership, partnership, joint venture or equity interest, in all cases, whether

vested or unvested.

“Escrow Agent”

means IBI Trust Management Ltd.

“Escrow Amount”

means (i) an amount equal to 12% of the Base Stock Consideration, which shall be comprised of cash only, with 12% being withheld from

each installment on each Payment Date (the first escrow amount shall be referred to as the “Closing Escrow Amount”

and any subsequent escrow amount shall be referred to as a “Deferred Escrow Amount”).

“Exchange Act”

means the Securities Exchange Act of 1934, as amended.

“Final Base Stock

Consideration” means, without duplications, at the lower of: (a) the Adjusted Consideration or (b) (i) the Adjusted Consideration,

plus (ii) the Final Closing Net Working Capital Adjustment, plus (iii) the Final Company Cash, less

(iv) the Final Company Debt, less (v) the Final Transaction Expenses.

Sch 1-5

“Fully-Diluted

Shares” means the sum of the aggregate number of Company Shares that are issued and outstanding and the Company Options

that are outstanding as of immediately prior to the Closing.

“Good Reason”

shall mean any of the following which is consummated without Ofer Yarden’s written consent: (i) a material reduction (other than

a reduction that is similarly applied to all management employees of the Company or Acquirer) in Ofer Yarden’s salary or other

material benefits; or (ii) a material change in Ofer Yarden’s title, authorities, duties or responsibilities under Ofer Yarden’s

engagement agreement with the Company, provided, in each case above, that Ofer Yarden provides the Company a written notice of any act

Ofer Yarden deems to be Good Reason hereunder within 30 days after the Company takes such action, and the Company has not cured such act

in 14 days, and as a result of which Ofer Yarden notified the Company of termination of his engagement with the Company within seven days

from the expiration of such seven day period.

“Government Official”

means (i) any official, employee, agent or representative of, or any other Person acting in an official capacity for or on behalf of,

any Governmental Entity, (ii) any political party, political party official, (iii) any official, employee, agent or representative of,

or any other Person acting in an official capacity for or on behalf of, a company, business, enterprise or other entity controlled by

any Governmental Entity, or in which any Governmental Entity holds a direct or indirect ownership interest, including any state-owned

defense company or defense-related enterprise, or (iv) any official, employee, agent or representative of, or any other Person acting

in an official capacity for or on behalf of, a public international organization.

“Governmental

Entity” means (i) any supranational, national, state, municipal, local or foreign government, (ii) any court, tribunal,

arbitrator, administrative agency, commission or other Government Official, authority or instrumentality, including a Tax Authority, in

each case whether domestic or foreign, and (iii) any stock exchange or similar self-regulatory organization or any quasi-governmental

or private body exercising any executive, legislative, judicial, regulatory or other functions of, or pertaining to, government authority

(including any governmental or political division, department, agency, commission, instrumentality, official, organization, unit, body

or entity, the IIA and any court or other tribunal).

“Governmental

Grant” means any grant, incentive, subsidy, award, loan, participation, cost sharing arrangement, reimbursement arrangement

or other benefit, relief or privilege provided or made available by or on behalf of or under the authority of the IIA or affiliated authorities

or programs (including the Incubator Administration, Tnufa, Nofar, Magnet and Magneton), Authority for Investments and the Development

of the Industry and Economy (formerly known as the Investment Center), the ITA (solely with respect to “preferred” or “approved”

enterprise status or similar programs), the State of Israel, and any other bi- or multi-national grant program, framework or foundation

(including the BIRD foundation) for research and development, the European Union, the Fund for Encouragement of Marketing Activities of

the Israeli Government or any other Governmental Entity.

“IIA”

means the Israel Innovation Authority.

“Indemnifying

Parties” means the Company Shareholders.

“Innovation Law”

means the Israeli Encouragement of Research, Development and Technological Innovation in the Industry Law 5744-1984, as amended from time

to time, including regulations, directives, procedures, and rules that have been or will be promulgated thereunder and/or by virtue thereof,

including any directives, guidelines and rules as issued from time to time by the IIA.

“IRS”

means the United States Internal Revenue Service.

Sch 1-6

“Israeli Companies

Law” means the Israeli Companies Law 5759-1999.

“Israeli GAAP”

means generally accepted accounting principles in Israel, that are applicable to the circumstances of the date of determination, consistently

applied

“Israeli Law”

means Israeli Applicable Law.

“ITA”

means the Israeli Tax Authority.

“Key Employee”

means the individuals listed in Schedule II attached hereto.

“knowledge”,

with respect to any fact, circumstance, event or other matter in question, the knowledge of such fact, circumstance, event or other matter

after reasonable inquiry of (i) an individual, if used in reference to an individual or (ii) with respect to any Person that is not

an individual (other than the Company), the executive officers of such Person, and solely with respect to the Company, the individuals

listed on Schedule III attached hereto (the “Company Knowledge Persons”); provided that any executive

officer or Company Knowledge Person, as applicable, will be deemed to have knowledge of a particular fact, circumstance, event or other

matter if (A) such fact, circumstance, event or other matter is reflected in one or more documents (whether written or electronic, including

electronic mails sent to or by such individual) in, or that have been in, the possession of such executive officer or Company Knowledge

Person, including his or her personal files, or (B) such knowledge could be obtained from reasonable inquiry of such executive officer’s

or Company Knowledge Person’s direct subordinates or reports, to the extent such persons would reasonably be expected to have actual

knowledge of such fact, circumstance, event or other matter.

“Lease”

means any lease, sublease, license or other occupancy agreement for the use of real property, including workspace use agreements.

“Legal Proceeding”

means any private or governmental action, inquiry, claim, counterclaim, proceeding, suit, hearing, litigation, audit or investigation,

in each case whether civil, criminal, administrative, judicial or investigative, or any appeal therefrom.

“Liabilities”

(and, with correlative meaning, “Liability”) means all debts, liabilities, commitments and obligations, whether

accrued or fixed, absolute or contingent, matured or unmatured, determined or determinable, liquidated or unliquidated, asserted or unasserted,

known or unknown, whenever or however arising, including those arising under Applicable Law or any Legal Proceeding or Order of a Governmental

Entity and those arising under any Contract, regardless of whether such debt, liability, commitment or obligation would be required to

be reflected on a balance sheet prepared in accordance with GAAP, or disclosed in the notes thereto.

“Material Adverse

Effect” with respect to any Person means any change, event, violation, inaccuracy, circumstance or effect (each, an “Effect”)

that, individually or taken together with all other Effects, and regardless of whether such Effect constitutes an inaccuracy in the representations

or warranties made by, or a breach of the covenants, agreements or obligations of, such Person herein, (i) is, or would reasonably be

likely to be or become, materially adverse in relation to the condition (financial or otherwise), assets (including intangible assets),

Liabilities, business, capitalization, employees, operations or results of operations of such Person and its subsidiaries, taken as a

whole, except to the extent that any such Effect directly results from: (A) changes in general business, financial, political, capital

market or economic conditions, (B) changes affecting the industry generally in which such Person operates, (C) changes in Applicable Law,

(D) natural disasters, war, hostilities, and/or acts of terrorism and/or any pandemics, epidemics, disease outbreaks or other public health

conditions or any escalation or worsening of any of the foregoing, or (E) changes in GAAP; provided that the exceptions in clauses

(A) through (E) shall not apply if such changes or acts disproportionately affect such entity and its subsidiaries, taken as a whole,

as compared to other participants in such entity’s industry, and/or (ii) materially adversely affects, or would reasonably be likely

to adversely affect, such Person’s ability to perform or comply with the covenants, agreements or obligations of such Person herein

or to consummate the Transactions in accordance with this Agreement and Applicable Law.

Sch 1-7

“NASDAQ”

means the Nasdaq Stock Market.

“non-US Person”

means a Person which is not a U.S. Person (as defined in Regulation S. under the U.S. Securities Act of 1933).

“Order”

means any judgment, writ, decree, stipulation, determination, decision, award, rule, preliminary or permanent injunction, temporary restraining

order or other order of any Governmental Entity.

“Person”

means any natural person, company, corporation, limited liability company, general partnership, limited partnership, limited liability

partnership, trust, estate, proprietorship, joint venture, business organization or Governmental Entity.

“Personal Data”

means any information relating to an identified or identifiable natural person including, but not limited to, a name, an identification

number, location data, an online identifier or to one or more factors specific to the physical, physiological, genetic, mental, economic,

cultural or social identity of that natural person or any other piece of information that allows the identification of a natural person

or is otherwise considered personally identifiable information, personal data or personal information under Applicable Law, including

Tracking Data; all to the extent is Processed by or on behalf of the Company or the Subsidiary.

“Pre-Closing Tax

Period” means any taxable period ending on or before the Closing Date and the portion of any Straddle Period through the

end of the Closing Date.

“Pre-Closing Taxes”

means any (i) Taxes of the Company or its Subsidiaries with respect to any Pre-Closing Tax Period (determined, with respect to any Straddle

Period, in accordance with Section ‎1.1(k)), including for this purpose any Taxes with respect to deferred revenues arising

in the Pre-Closing Tax Period, regardless of when recognized for income tax purposes,(ii) Taxes of any member of an affiliated, consolidated,

combined or unitary group of which the Company or its Subsidiaries (or any predecessor thereof) was a member on or prior to the Closing

Date, including pursuant to Treasury Regulations Section 1.1502-6 or any analogous or similar state, local or non-U.S. Law, (iii) Taxes

of any Person (other than the Company) imposed on the Company or its Subsidiary as a transferee or successor, by Contract, pursuant to

any Applicable Law or otherwise, which Taxes relate to an event or transaction occurring before the Closing, in each case, except if provided

in the ordinary course of business under an obligation, agreement or arrangement the main subject matter of which is not Taxes and such

Taxes are not in a material amount, and (iv) any payroll or other withholding Taxes arising in connection with any payment by the Company

or its Subsidiaries required pursuant to, or arising as a result of, this Agreement or the Transactions.

Sch 1-8

“Privacy Laws”

means each Applicable Law applicable to Personal Data, and any such legal requirement governing privacy, data security, data or security

breach notification, any penalties and compliance with any order, including but not limited to the General Data Protection Regulation

(EU) 2016/679 (the “EU GDPR”), the EU GDPR as it forms part of the law of England and Wales, Scotland and Northern

Ireland by virtue of section 3 of the European Union (Withdrawal) Act 2018 (together with the EU GDPR, the “GDPR”),

Section 5 of the Federal Trade Commission Act, the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”),

the Gramm-Leach-Bliley Act (“GLBA”), the Electronic Communications Privacy Act of 1986, the Stored Communications

Act, California Online Privacy Protection Act, the California Consumer Privacy Act (“CCPA”), and other United

States state laws concerning privacy, data protection, and / or data security, the CAN-SPAM Act, the Telephone Consumer Protection Act

(“TCPA”), the Israeli Protection of Privacy Law, 5741–1981, and the regulations promulgated thereunder

(including the Protection of Privacy Regulations (Data Security), 2017), and any and all guidelines published by the Israeli Privacy Protection

Authority, the Payment Card Industry Data Security Standards, the Video Privacy Protection Act, the EU Privacy and Electronic Communications

Directive 2002/58/EC on Privacy and Electronic Communications, the UK Privacy and Electronic Communications (EC Directive) Regulations

2003 and any other analogous data protection, direct marketing or privacy laws, regulations, or regulatory requirements, guidance and

codes of practice applicable to the processing of Personal Data (as amended and/or replaced from time to time) in any jurisdiction in

which the Company carries on its business and/or from which the Company collects Personal Data.

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to all Company Shareholder. For the avoidance of doubt, the total of all Pro Rata Shares at all times shall equal one hundred percent.

“Process”

or “Processing” means, with respect to data, any operation or set of operations such as collection, recording,

organization, structuring, storage, adaptation, enhancement, enrichment or alteration, retrieval, consultation, analysis, use, disclosure

by transmission, dissemination or otherwise making available, alignment or combination, restriction, erasure or destruction.

“Prosupp”

means a prospectus supplement pursuant to Rule 424(b)(7) under the Securities Act to the Current Resale Shelf Registration Statement providing

for the resale registration of the Acquirer Common Stock.

“Registration

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in connection with such Person being issued Acquirer Common Stock pursuant to the provisions of this Agreement.

“Representatives”

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attorney, accountant, auditor or other advisor or representative retained by any of them.

“SEC”

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“Securities Act”

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Sch 1-9

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a cash payment of equivalent value paid in accordance with the provisions hereof in lieu thereof; and (ii) with respect to any portion

of the Earn-Out Consideration, if applicable, payable to any Company Shareholder hereunder, a cash payment of equivalent value paid in

accordance with the provisions hereof in lieu thereof.

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or other like assessment or charge of any kind whatsoever, together with any interest or any penalty, addition to tax or additional amount

(whether disputed or not) imposed by any Governmental Entity responsible for the imposition of any such tax (domestic or foreign) (each,

a “Tax Authority”), (ii) any Liability for the payment of any amounts of the type described in clause (i)

of this sentence as a result of being a member of an affiliated, consolidated, combined, unitary or aggregate group for any Taxable period

and (iii) any Liability for the payment of any amounts of the type described in clause (i) or (ii) of this sentence as a result of

being a transferee of or successor to any Person or as a result of any express or implied obligation to assume such Taxes or to indemnify

any other Person, except if provided in the ordinary course of business under an obligation, agreement or arrangement the main subject

matter of which is not Taxes.

“Tax Forms”

shall mean a properly completed IRS Form W-9, or the appropriate version of IRS Form W-8, as applicable.

“Tax Representations”

means the representations and warranties of the Company set forth in Section ‎3.12

(Taxes).

“Tax Return”

means any return, statement, report or form (including estimated Tax returns and reports, withholding Tax returns and reports, any schedule

or attachment, and information returns and reports) filed or required to be filed with respect to Taxes.

“Tracking Data”

means (a) any information or data collected in relation to on-line, mobile or other electronic activities or communications that can reasonably

be associated with a particular Person, user, computer, mobile or other device, or instance of any application or mobile application,

(b) any information or data collected in relation to off-line activities or communications that can reasonably be associated with or that

derives from a particular Person, user, computer, mobile or other device or instance of any application or mobile application or (c) any

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“Tradeable”

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means a day on which the principal Trading Market is open for trading.

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Sch 1-10

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on the date in question (or any successors to any of the foregoing).

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means, collectively, this Agreement, the Company Disclosure Letter, the Paying Agent Agreement, the Escrow Agreement, the Retention and

Employment Agreements, the Company Closing Certificate, the Officer’s Certificates, the Spreadsheet, the Signing Spreadsheet and

each other agreement or document to be executed in connection with any of the Transactions.

“Transaction Expenses”

means, without double counting and to the extent not paid prior to Closing, all third-party fees, costs, expenses, payments and expenditures

incurred by or on behalf of the Company or its Subsidiaries in connection with the Transaction Documents and the Transactions, whether

or not incurred, billed or accrued, including (i) any fees, costs expenses, payments and expenditures of legal counsel and accountants,

(ii) the maximum amount of fees, costs, expenses, payments and expenditures payable to brokers, finders, financial advisors, investment

bankers or similar Persons notwithstanding any earn-outs, escrows or other contingencies, (iii) all sale, change-of-control, “stay

around,” retention, termination, severance or similar bonus or payment obligations or compensatory amounts owed or incurred by the

Company or its Subsidiaries to the Company’s or its Subsidiaries’ directors, employees and/or consultants in connection with

the Transactions (together with the occurrence of any other event) and any Taxes payable by the Company or its Subsidiaries in connection

therewith (including the employer portion of any payroll, social security, Medicare, Federal Unemployment Tax Act unemployment or any

similar Tax associated with such amounts, and including any VAT payable with respect thereto, unless recoverable in full as determined

by Acquirer in its sole discretion) whether paid or payable at or following the Closing, including, for the avoidance of doubt, any statutorily

or contractually required notice period expenses relating to such termination, (iv) any such fees, costs, expenses, payments and expenditures

incurred by Company Shareholders, paid for or to be paid for by the Company or its Subsidiaries, (v) the costs of the D&O Tail Policy,

(vi) 50% of the costs of the Paying Agent, (vii) 50% of the costs of the Escrow Agent, and (viii) all payment obligations in respect to

pension premiums and severance payment that is required to be deposited in Ofer Yarden and Alfred Zimet individual pension arrangements,

in addition to the amounts already contributed to their pension arrangements during and in connection with their employment by the Company,

to ensure full compliance with the Section 14 Arrangement until the Closing. It is emphasized that said amount excludes any required payment

in connection with global overtime compensation paid to Alfred Zimet; all to the extent not paid prior to Closing, but excluding the Disregarded

Expense.

“Trapped Cash”

means cash or cash equivalents (a) of the Company which are not freely useable or available because it is subject to restrictions or limitations

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debt, and hedge guarantees. or (b) in the form of deposits in transit and outstanding checks and drafts issued by the Company.

“Treasury Regulations”

means the United States Treasury Department’s tax regulations issued under the Code.

“Volume Weighted

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Trading Day on the Trading Market on which the Common Stock are then listed or quoted (based on a Trading Day from 9:30 a.m. (New York

City time) to 4:00 p.m. (New York City time)).

Sch 1-11

EX-99.1 — FACT SHEET, DATED MAY 18, 2026

EX-99.1

Filename: ea029124801ex99-1.htm · Sequence: 3

Exhibit

99.1

NASDAQ: ONDS www.ondas.com | www.omnisys.co.il ABOUT OMNISYS Omnisys is a leading global provider of combat - proven optimization software for multi - mission and multi - domain defense planning and real - time decision - making. The company has maintained a long - standing track record of profitable operations without reliance on external capital. At the core of Omnisys' offering is the Battle Resource Optimization (BRO) platform — a modular, scalable, and vendor - agnostic software suite that integrates data from multiple sensors, platforms, and C2 systems, applying advanced AI and operations research to generate optimized courses of action in real time. BRO supports the full operational cycle: pre - mission planning, in - mission dynamic adaptation, and post - mission debriefing. TRANSACTION INSIGHTS Expands Ondas into AI - enabled battlefield software based on one of the most combat proven technology Adds a proven, revenue generating AI software platform to the Ondas technologies Establishes BRO as a central mission optimization layer across all Ondas systems Transitions Ondas to a full systems of systems orchestrator, and will integrate to US defense system Omnisys has maintained a long history of profitable operations without reliance on external capital ONDAS TO ACQUIRE OMNISYS Adding AI - Powered Mission and Battlefield Management & Optimization Capabilities Ondas Inc. (NASDAQ: ONDS) has entered into a definitive agreement to acquire 100% of Omnisys Ltd., an Israeli developer of AI - powered Battle Resource Optimization (BRO) software for multi - mission and multi - domain defense planning and real - time operational decision - making. Omnisys brings combat - proven performance and a global customer base spanning NATO and allied defense organizations. The acquisition will establish BRO as a mission optimization and orchestration layer spanning Ondas’ multi - domain platforms and the broader defense ecosystem, integrating sensors, autonomous systems, and command infrastructure into a unified operational framework. BRO is complementary to SkyWeaver, Ondas’ mission autonomy software platform, by enabling AI - driven battlefield coordination and real - time resource optimization across complex operations

NASDAQ: ONDS INTEGRATION WITHIN ONDAS AUTONOMOUS SYSTEMS Omnisys BRO is expected to operate as the intelligent command layer across Ondas's systems of systems architecture, enabling closed - loop sense - decide - act operations spanning ISR, strike, electronic warfare, and air defense missions. Forward - Looking Statements Statements made in this fact sheet that are not statements of historical or current facts are "forward - looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance, or achievements could differ materially from those expressed or implied by the forward - looking statements as a result of a number of factors, including the risks discussed in our most recent Annual Report on Form 10 - K and in our other filings with the SEC. We undertake no obligation to publicly update or revise any forward - looking statements, whether as a result of new information, future events or otherwise that occur after that date, except as required by law. www.ondas.com | www.omnisys.co.il BRO CORE TECHNOLOGY PLATFORM The Battle Resource Optimization (BRO) platform is Omnisys' proprietary AI - driven software suite for multi - domain, multi - mission defense planning and execution. BRO operates as an intelligent orchestration layer above existing C2 systems, integrating data from sensors, platforms, and command systems into a unified operational picture — then applying AI and operations research to generate optimized courses of action in real time. Pre - Mission: Optimal force build - up, asset positioning, and CONOPS planning In - Mission: Real - time recommendations and dynamic resource reallocation Post - Mission: Automated debriefing, analysis, and lessons - learned reporting Vendor - Agnostic: Integrates with any US defense systems Multi - Domain: Space · Air · Sea · Land · Spectrum — all within a single platform BRO MISSION APPLICATIONS Optimizes multi - layer Ground - Based Air Defense (GBAD) and Counter - UAS operations. Supports multi domain sensors, GBAD Multi Tier defense effectors and fighter aircraft in coordinated real - time engagements. Deployed operationally at dense battle field operations. Scales from single - battery tactical deployment to national - level multi - layer defense. BRO - AD Air Defense & C - UAS Provides real - time spectrum management (NAVWAR), ELINT mission planning, and intelligence - gathering optimization. Enables multi - sensor fusion for full situational awareness across complex electromagnetic environments. Supports planning, execution, and debriefing of EW and intelligence missions at tactical and operational levels. BRO - EW / BRO - IG Electronic Warfare & ISR Optimizes radar and sensor placement for air surveillance and border protection missions. AI - driven threat detection, resource allocation, and loitering munition coordination across national borders and critical infrastructure. Deployable on ruggedized field hardware for tactical operations. BRO - AS / BRO - Border Air Surveillance & Border Security

EX-99.2 — PRESS RELEASE, DATED MAY 18, 2026

EX-99.2

Filename: ea029124801ex99-2.htm · Sequence: 4

Exhibit 99.2

Ondas to Acquire Omnisys, Adding Battle-Proven

Battlefield Orchestration Software Across Autonomous Defense Systems

With 25 Years of Operational Deployment, Omnisys

Supports Complex Multi-Domain Defense Missions Across Multiple Operational Architectures

Combat-Proven Battlefield Optimization Software

Capabilities Will Accelerate Ondas’ Transition to a Software-Defined Autonomous Defense Orchestrator

Adds High-Margin Mission Software and Expands

Global Defense Opportunities

WEST PALM BEACH, FL / May 18, 2026 / Ondas

Inc. (Nasdaq: ONDS) (“Ondas” or the “Company”), a leading provider of advanced autonomous systems and next-generation

defense and security technologies, today announced it has entered into a definitive agreement to acquire 100% of Omnisys Ltd., an Israeli

developer of AI-powered Battle Resource Optimization (BRO) software for multi-domain defense planning and real-time decision-making. The

acquisition marks a major strategic milestone in Ondas’ evolution into a software-defined defense technology company. Omnisys’

BRO platform is expected to serve as a core orchestration layer across Ondas’ growing autonomous systems portfolio, enabling mission

planning, operational coordination, and real-time battlefield resource optimization across sensors, autonomous systems, and defense assets

operating within complex mission environments.

Modern warfare is increasingly defined by high-volume,

multi-domain threats occurring at machine speed across air, ground, electronic warfare, and cyber environments. Human operators alone

can no longer effectively coordinate the growing number of sensors, effectors, and autonomous systems operating simultaneously across

contested battlespaces. For more than 25 years, Omnisys’ BRO platform has addressed this challenge within some of the world’s

most advanced operational defense architectures, continuously optimizing battlefield resources and supporting real-time decision-making

across layered, multi-mission operational environments. BRO enables dynamic resource allocation, mission prioritization, and coordinated

system responses designed to maximize operational effectiveness, asset utilization, and mission success under high-intensity combat conditions.

“Omnisys and its BRO platform will represent

a major advancement of Ondas’ customer-focused systems-of-systems roadmap for autonomous defense and security solutions,”

said Eric Brock, Chairman and CEO of Ondas. “BRO is a proven, battle-tested software platform that delivers meaningful operational

value by improving planning, battlefield resource optimization, and real-time mission execution across complex multi-domain environments.

Its vendor-agnostic architecture and interoperability across broader defense ecosystems will strengthen our ability to integrate into

existing customer infrastructures and support the delivery of scalable, mission-ready solutions for global defense markets.”

Omnisys’ BRO platform serves as a modular,

vendor-agnostic AI software suite that integrates data from sensors, command-and-control systems, autonomous platforms, and operational

assets into a unified operational picture. Using advanced AI algorithms and operations research methodologies, BRO generates optimized

courses of action in real time across the full mission lifecycle — from pre-mission planning to in-mission adaptation and post-mission

analysis. The platform has been combat-proven at scale, including deployment in complex multi-layer air defense operations, where it improved

the effectiveness of layered defense systems while maximizing utilization of constrained battlefield resources through real-time optimization

across multiple systems simultaneously.

“At Ondas Autonomous Systems, our mission

is to deliver integrated, combat-proven technologies that operate as a unified force in the field,” said Oshri Lugassy, Co-CEO of

Ondas Autonomous Systems. “With the addition of Omnisys and its BRO platform, we believe we are adding one of the most advanced

and operationally validated AI decision and battlefield orchestration engines into our architecture. This enables true closed-loop operations,

connecting sensors, platforms, and effectors into a single intelligent operational framework capable of detecting, deciding, orchestrating,

and acting in real time across complex and dynamic battle environments.”

“I am incredibly proud of what Omnisys has

built over the years — a mission-driven company with exceptional people, a strong culture, and a deep commitment to contributing

to the security of the State of Israel,” said Ofer Yarden, CEO of Omnisys. “That mission led to the development of BRO, a

unique, battle-proven capability that helps defense organizations optimize resources, accelerate operational decision-making, and execute

complex missions in real time. We are excited to join Ondas and leverage its global reach and resources to expand the adoption of BRO

across international defense markets.”

The acquisition directly supports Ondas’

broader growth strategy and builds on recent momentum across its autonomous systems portfolio, including expanding deployments of ISR

platforms, counter-UAS systems, and integrated defense solutions worldwide. By adding a high-margin, software-driven business with a 25-year

track record of operational deployment and profitability, Ondas will strengthen both its financial profile and its ability to deliver

larger, higher-value software-enabled defense programs.

The

integration of BRO technology into Ondas’ architecture will establish a unified “sense-decide-orchestrate-act” operational

framework spanning ISR, strike, electronic warfare, counter-UAS, and air defense missions. BRO operates as a complementary battlefield

orchestration and optimization layer alongside Ondas’ AI and mission autonomy platform, SkyWeaver, enhancing mission planning, coordination,

and real-time resource optimization across complex operational environments. The platform’s vendor-agnostic design enables scalable

orchestration of autonomous aerial and ground systems across tactical, operational, and national defense environments while accelerating

deployment timelines for advanced multi-domain defense solutions.

2

Strategically, the acquisition will expand Ondas’

position within the global defense ecosystem and strengthen its relationships with leading defense integrators and customers. Omnisys

has established a strong market position through long-term deployment within some of the world’s most advanced customers and operational

environments, and broad integration across existing defense infrastructures. Through Ondas’ growing international footprint, Ondas

believes it is well positioned to expand into additional U.S. and allied defense markets while accelerating its transition toward fully

integrated, intelligent, software-defined defense systems-of-systems.

For additional information regarding the terms

of the definitive agreement, please see the Current Report on Form 8-K to be filed with the Securities and Exchange Commission later today.

About Ondas Inc.

Ondas Inc.

(Nasdaq: ONDS) is a leading provider of autonomous systems, robotics, and mission-critical technologies for defense, homeland security,

public safety, critical infrastructure, and industrial markets. The Company develops and deploys integrated unmanned and autonomous platforms

across air, ground, and stratospheric environments, including autonomous drone systems, counter-UAS technologies, robotic ground systems,

advanced unmanned aircraft and propulsion solutions, demining and engineering systems, and integrated sensing and communications technologies

designed to support intelligence, surveillance, reconnaissance, security, and operational missions in complex environments. Ondas’

solutions are deployed globally by government, defense, and commercial customers to protect infrastructure, borders, transportation networks,

personnel, and strategic assets.

Forward-Looking Statements

Statements made in this release that are not statements

of historical or current facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform

Act of 1995. We caution readers that forward-looking statements are predictions based on our current expectations about future events.

These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that

are difficult to predict. Our actual results, performance, or achievements could differ materially from those expressed or implied by

the forward-looking statements as a result of a number of factors, including the risks discussed under the heading "Risk Factors"

discussed under the caption "Item 1A. Risk Factors" in Part I of our most recent Annual Report on Form 10-K or any updates discussed

under the caption "Item 1A. Risk Factors" in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the

SEC. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future

events or otherwise that occur after that date, except as required by law.

Contacts

IR Contact for Ondas Inc.

888-657-2377

ir@ondas.com

Media Contact for Ondas Inc.

Escalate PR

ondas@escalatepr.com

Preston Grimes

Marketing Manager, Ondas Inc.

preston.grimes@ondas.com

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Title of a 12(b) registered security.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

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-Name Exchange Act

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

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- Definition

Trading symbol of an instrument as listed on an exchange.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

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