3
Shared Docs
3
Same-Page
3 / 3
Mentions
apitalization Events or a similar event and any anti-dilution adjustments as provided herein. The Preferred Shares shall automatically convert into Ordinary Shares if (a) the holders of a majority of the Preferred Shares require such conversion or (b) upon the closing of a firmly underwritten public offering o
at immediately following the Initial Closing. the Investor will hold shares of the Company constituting 27.30% of the Company's share capital, on a Fully Diluted Basis; and (ii) No later than nine (9) months as of the Initial Closing, subject to the achievement by the Company of the milestone set forth in Exhibit
splits, dividends or recapitalizations or a similar event and any anti-dilution adjustments. The Preferred Shares shall automatically convert into Ordinary Shares if (a) the Investor consent to such conversion or (b) upon the closing of a firmly underwritten public offering of shares of the Company ("IPO") ne
Basis (as defined below)) so that immediately following the Closing, Investor will hold not less than [31.0%] of the Company's share capital, on a Fully Diluted Basis. The Investment Amount shall be provided to Company in two subsequent equal installments as follows: (i) an amount of US$ 750,000 out of the Inves
splits, dividends or recapitalizations or a similar event and any anti-dilution adjustments. The Preferred Shares shall automatically convert into Ordinary Shares if (a) the Investor consent to EFTA00585963 such conversion or (b) upon the closing of a finnly underwritten public offering of shares of the Com
Basis (as defined below)) so that immediately following the Closing, Investor will hold not less than [31.0%] of the Company's share capital, on a Fully Diluted Basis. The Investment Amount shall be provided to Company in two subsequent equal installments as follows: (i) an amount of US$ 750,000 out of the Inves
Entities connected to both Ordinary Shares and Fully Diluted Basis

Ehud Barak
PERSONthe State of Israel
LOCATIONPreferred A Shares
ORGANIZATIONthe Option Pool
ORGANIZATIONDirectors & Officers
ORGANIZATIONRegistrable
ORGANIZATIOND&O Insurance
ORGANIZATION
Eric Holder
PERSONthe "Investment Amount"
ORGANIZATIONthe Initial Closing
ORGANIZATIONReporty Homeland Security Ltd.
ORGANIZATIONAmir Elichai
PERSONYoni Yitzon & Lital Leshem
ORGANIZATIONWarrants
ORGANIZATIONthe "Board
ORGANIZATIONThe Preferred Holder
ORGANIZATIONthe Preferred Tag Along Right
ORGANIZATIONLital Leshaem
PERSONthe Preferred Directors
ORGANIZATIONthe Company of the milestone(s
ORGANIZATION