definiens: for taxpurposes as defined under Israeli law and provided in Appendix A attached hereto, which means, among otherthings, that : · The corporation is NOT registered with the Registrar of Companies in Israel, · The corporation is NOT registered with the Registrar of ( non - profit organizations ) in Israel, · The control of the corporation is NOT located in Israel, · The management of the corporation is NOT located in Israel, · The corporation does NOT have a permanent establishment in Israel, and · No Israeli resident holds, directly or indirectly via shares or through a trust or in any other manner or withanother who is an Israeli resident, 25 % or more of any in the corporation as specifiedbelow : o The right to participate in profits ; o The right to appoint a director ; o The right to vote ; o The right to share in the assets of the corporation at the time of its liquidation ; and o The right to direct the manner of exercising one of the rights specified above