Company: SVREW
Filing Date: 2025-03-21
Form Type: DRS
Source: 0001013762-25-001063
Chunk: 33

Company: SaverOne 2014 Ltd.
Filing Date: 2025-03-21
Form: DRS
Chunk 33
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on future financings, rights of first refusal, participation rights, penalties or liquidated damages in the SEPA other than a prohibition
on our entering into certain types of transactions that are defined in the SEPA as “Variable Rate Transactions.”

Termination of the SEPA

Unless earlier terminated
as provided in the SEPA, the SEPA will terminate automatically on the earliest to occur of: (i) the 36-month anniversary of
the Effective Date, provided that if the Promissory Note is then outstanding, such termination shall be delayed until such date that
the Promissory Note that was outstanding has been repaid, or (ii) the date on which the Investor shall have made payment of Advances
pursuant to this Agreement for ADSs equal to the Commitment Amount.

We have the right to terminate
this Agreement effective upon five Trading Days’ prior written notice to the Investor; provided that (i) there are no outstanding
Advance Notices under which Shares have yet to be issued, (ii) there is not an outstanding Promissory Note, and (iii) the Company has
paid all amounts owed to the Investor pursuant to this Agreement. This Agreement may be terminated at any time by the mutual written
consent of the parties, effective as of the date of such mutual written consent unless otherwise provided in such written consent.

Effect of Performance of the SEPA on our Shareholders

All ADSs that may be issued
or sold by us to Yorkville under the SEPA that are being registered under the Securities Act for resale by Yorkville under this prospectus
are expected to be freely tradable. The securities being registered for resale in this offering may be issued and sold by us to Yorkville
from time to time at our discretion over a period of up to 36 months commencing on the date of execution of the SEPA. The resale by Yorkville
of a significant amount of ADSs registered for resale in this offering at any given time, or the perception that these sales may occur,
could cause the market price of our ADSs to decline and to be highly volatile. Sales of our ADSs, if any, to Yorkville under the SEPA
will depend upon market conditions and other factors. We may ultimately decide to sell to Yorkville all, some or none of our ADSs that
may be available for us to sell to Yorkville pursuant to the SEPA.

Depending on market prices
of our ADSs and subject to the Ownership Limitation and other limitations in