Company: SVREW
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001013762-25-001028
Chunk: 129

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 12
Chunk 129
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How
may the deposit agreement be terminated?

The
depositary will initiate termination of the deposit agreement if we instruct it to do so. The depositary may initiate termination of
the deposit agreement if:

  60 days have passed since                                                                                                  

  we delist our ordinary                                                                                                        

  we delist our shares from                                                                                                          

  the depositary has reason                                                                                                   

  we appear to be insolvent         

  all or substantially all                                                                                 

  there are no deposited                                                                                      

  there has been a replacement  

If
the deposit agreement will terminate, the depositary will notify ADS holders at least 90 days before the termination date. At any time
after the termination date, the depositary may sell the deposited securities. After that, the depositary will hold the money it received
on the sale, as well as any other cash it is holding under the deposit agreement, unsegregated and without liability for interest, for
the pro rata

After
the termination date and before the depositary sells, ADS holders can still surrender their ADSs and receive delivery of deposited securities,
except that the depositary may refuse to accept a surrender for the purpose of withdrawing deposited securities, or reverse previously-accepted
surrenders of that kind that have not settled, if it would interfere with the selling process. The depositary may refuse to accept a
surrender for the purpose of withdrawing sale proceeds until all the deposited securities have been sold. The depositary will continue
to collect distributions on deposited securities, but, after the termination date, the depositary is not required to register any transfer
of ADSs or distribute any dividends or other distributions on deposited securities to our ADSs holder (until they surrender their ADSs)
or give any notices or perform any other duties under the deposit agreement except as described in this paragraph.

Limitations
on Obligations and Liability

Limits
on our Obligations and the Obligations of the Depositary; Limits on Liability to Holders of ADSs

The
deposit agreement expressly limits our obligations and the obligations of the depositary. It also limits our liability and the liability
of the depositary. We and the depositary:

  are only obligated to take                                                                                                               

  are not liable if we are                                                                                                     

  are not liable if we exercise                                      

  are not liable for the                                                                                                             

  have no obligation to become                                                                                                             

  may rely upon any documents                                                                                       
  we believe or it believes in