Exhibit 10.3


 


EXECUTION VERSION


 


FORM OF COMPANY VOTING
AGREEMENT


 


This Company Voting
Agreement (this “Agreement”) is made as of March 16, 2021 by and among the undersigned shareholders (the “Voting
Parties” and each a “Voting Party”) of eToro Group Ltd., a company organized under the laws of the
British Virgin Islands (the “Company”), and FinTech Acquisition Corp. V, a Delaware corporation (“SPAC”).


 


WHEREAS, contemporaneously
with the execution and delivery of this Agreement, SPAC, the Company and Buttonwood Merger Sub Corp. a Delaware corporation and a direct, wholly-owned
subsidiary of the Company (“Merger Sub”), entered into an Agreement and Plan of Merger (as the same may be amended
from time to time, the “Merger Agreement”), pursuant to which, on the terms and subject to the conditions set
forth therein, among other things, at the Effective Time (as defined therein), Merger Sub will merge with and into SPAC, with SPAC
surviving as a direct, wholly-owned subsidiary of the Company (the “Merger”).


 


NOW, THEREFORE,
in consideration of the premises and for other good and valuable consideration, the receipt, sufficiency and adequacy of which
are hereby acknowledged, the parties hereto agree as follows:


 


1. 
Definitions. As used herein, the term “Voting Shares” shall mean, taken together, all securities
of the Company beneficially owned (as such term is defined in Rule 13d-3 under the Exchange Act, excluding shares of stock underlying
unexercised options or warrants, but including any shares of stock acquired upon exercise of such options or warrants) (“Beneficially
Owned” or “Beneficial Ownership”) by any Voting Party, including any and all securities of the Company
acquired and held in such capacity subsequent to the date hereof. Capitalized terms used and not defined herein shall have the
respective meanings assigned to them in the Merger Agreement.


 


2. 
Representations and Warranties of the Voting Parties. Each Voting Party on its own behalf hereby represents and warrants
to SPAC, severally and not jointly, with respect to such Voting Party and such Voting Party’s Beneficial Ownership of its
Voting Shares set forth on Annex A as follows:


 


a. 
Authority. If Voting Party is a legal entity, Voting Party has all requisite power and authority to enter into this
Agreement, to perform fully Voting Party’s obligations hereunder and to consummate the transactions contemplated hereby.
If Voting Party is a natural person, Voting Party has the legal capacity to enter into this Agreement. If Voting Party is a legal
entity, this Agreement has been duly authorized, executed and delivered by Voting Party. This Agreement constitutes a valid and
binding obligation of Voting Party enforceable in accordance with its terms, except as enforcement may be limited by applicable
bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally and by principles
governing the availability of equitable remedies.


 




     


     


    

 


b. 
 No Consent. No consent, approval or authorization of, or designation, declaration or filing with, any Governmental
Entity or other Person on the part of Voting Party is required in connection with the execution, delivery and performance of this
Agreement. If Voting Party is a natural person, no consent of such Voting Party’s spouse or creditor is necessary under any
“community property” or other laws for the execution and delivery of this Agreement or the consummation of the transactions
contemplated hereby. If Voting Party is a trust, no consent of any beneficiary is required for the execution and delivery of this
Agreement or the consummation of the transactions contemplated hereby.


 


c. 
No Conflicts. Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated
hereby, nor compliance with the terms hereof, will violate, conflict with or result in a breach of, or constitute a default (with
or without notice or lapse of time or both) under any provision of, Voting Party’s organizational documents, any trust agreement,
loan or credit agreement, note, bond, mortgage, indenture, lease or other agreement, instrument, permit, concession, franchise,
license, judgment, order, notice, decree, statute, law, ordinance, rule or regulation applicable to Voting Party or to Voting Party’s
property or assets (including the Voting Shares) that would reasonably be expected to prevent or delay the consummation of the
Merger or that would reasonably be expected to prevent Voting Party from fulfilling its obligations under this Agreement.


 


d. 
Ownership of Shares. Except pursuant to the arrangements referred to in the following sentence, Voting Party (i)
Beneficially Owns its Voting Shares free and clear of all Liens (other than transfer restrictions under applicable securities laws)
and (ii) has the sole power to vote or cause to be voted its Voting Shares. Except for this Agreement and, as applicable, the Company’s
Governing Documents, the Merger Agreement, the Advance Investment Agreement, the Subscription Agreements, the Sponsor Commitment
Letter, Investors’ Rights Agreement, Existing Voting Agreement, ROFR/Co-Sale Agreement, Prior Preferred Share Purchase Agreements,
or any agreement granting equity or equity-based compensation awards, as well as the agreements set forth in Section 4.3(g)
of the Company Disclosure Letter (together, the “Company Affiliate Agreements”), Voting Party is not a party
to any contract that provides for any options, warrants or other rights, agreements, arrangements or commitments of any character
relating to the pledge, acquisition, disposition, transfer or voting of Voting Shares prior to the consummation of the Merger and
there are no voting trusts or voting agreements with respect to the Voting Shares. Voting Party does not Beneficially Own any Voting
Shares or any options, warrants or other rights to acquire any additional Voting Shares or shares of common stock of the Company
or any security exercisable for or convertible into Voting Shares, other than as set forth on Annex A.


 


e. 
No Litigation. There is no Legal Proceeding pending against or, to the knowledge of Voting Party, threatened against,
Voting Party that would reasonably be expected to materially impair or materially adversely affect the ability of Voting Party
to perform Voting Party’s obligations hereunder or to consummate the transactions contemplated by this Agreement.


 




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3. 
 Agreement to Vote Shares; Irrevocable Proxy; Further Assurances. 


 


a. 
During the term of this Agreement, each Voting Party shall, at any meeting (or in connection with any request for action
by written consent) of the equity holders of the Company at which the matters described in clauses (i) and (ii) below are considered
and at every adjournment or postponement thereof, (x) appear at such meeting or otherwise cause the Voting Shares that such Voting
Party Beneficially Owns to be counted as present thereat for the purpose of establishing a quorum, (y) vote or cause to be voted
the Voting Shares that such Voting Party Beneficially Owns and (z) execute a written consent or consents if Voting Parties are
requested to vote their shares through the execution of an action by written consent, in each case to the extent such Voting Shares
are entitled to vote thereon pursuant to the Current Company Articles: (i) in favor of (A) the Company Shareholder Matters, and
(B) any other matter reasonably necessary to the consummation of the transactions contemplated by the Merger Agreement and considered
and voted upon by equity holders of the Company; and (ii) against (A) any proposal or offer from any Person (other than SPAC or
any of its Affiliates) concerning (1) a merger, consolidation, liquidation, recapitalization, share exchange or other business
combination transaction involving the Company, (2) the issuance or acquisition of shares of capital stock or other equity securities
of the Company, or (3) the sale, lease, exchange or other disposition of any significant portion of the Company’s properties
or assets; (B) any action, proposal, transaction or agreement that could reasonably be expected to result in a breach of any covenant
or obligation of the Company set forth in the Merger Agreement, or in any representation or warranty of the Company set forth in
the Merger Agreement becoming inaccurate; and (C) any action, proposal, transaction or agreement that could reasonably be expected
to impede, interfere with, delay, discourage, adversely affect or inhibit the timely consummation of the Merger or the fulfillment
of the Company’s conditions under the Merger Agreement or change in any manner the voting rights of any class of shares of
the Company (including any amendments to the Governing Documents), except as contemplated by this Agreement.


 


b. 
Each Voting Party hereby appoints Yoni Assia and Debbie Kahal, and any designee of either of them, and each of them individually,
as its proxies and attorneys-in-fact, with full power of substitution and resubstitution, to vote or act by written consent during
the term of this Agreement with respect to the Voting Shares in accordance with Section 3a hereof. This proxy and power of attorney
is given to secure the performance of the duties of Voting Party under this Agreement. Each Voting Party shall take such further
action or execute such other instruments as may be necessary to effectuate the intent of this proxy. This proxy and power of attorney
granted by Voting Party shall be irrevocable during the term of this Agreement, shall be deemed to be coupled with an interest
sufficient in law to support an irrevocable proxy and shall revoke any and all prior proxies granted by Voting Party with respect
to the Voting Shares. The power of attorney granted by Voting Party herein is a durable power of attorney and shall survive the
dissolution, bankruptcy, death or incapacity of Voting Party. The proxy and power of attorney granted hereunder shall terminate
upon the termination of this Agreement.


 


c.  From
time to time, at the request of the Company, each Voting Party shall take all such further actions, as may be necessary or
appropriate to, in the most expeditious manner reasonably practicable, effect the purposes of this Agreement, and execute
customary documents incident to the consummation of the Merger.


 














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4. 
No Voting Trusts or Other Arrangement. During the term of this Agreement, each Voting Party will not, and will not
permit any entity under Voting Party’s control to, deposit any Voting Shares in a voting trust, grant any proxies with respect
to the Voting Shares or subject any of the Voting Shares to any arrangement with respect to the voting of the Voting Shares except
as contemplated in this Agreement. Each Voting Party hereby revokes any and all previous proxies and attorneys in fact with respect
to the Voting Shares.


 


5. 
Certain Covenants of Voting Party; Transfer and Encumbrance. During the term of this Agreement, each Voting Party
will not, (a) directly or indirectly, transfer (including by operation of law), sell, offer, exchange, assign, hedge, swap, convert,
pledge or otherwise dispose of or encumber (“Transfer”) any of such Voting Party’s Voting Shares or enter
into any contract, option or other agreement with respect to, or consent to, a Transfer of any of such Voting Party’s Voting
Shares or Voting Party’s voting or economic interest therein, (b) publicly announce any intention to effect any transaction
specified in clause (a), or (c) knowingly take any action that would make any representation or warranty of such Voting Party contained
herein untrue or inaccurate, or have the effect of preventing or disabling such Voting Party from performing its obligations under
this Agreement. Any attempted Transfer of Voting Shares or any interest therein in violation of this Section 5 shall be null and
void. Notwithstanding the foregoing, this Section 5 shall not prohibit (x) any shareholder of the Company from participating in
the Self-Tender Offer or (y) a Transfer of Voting Shares by any Voting Party to (i) an executive officer or director of the Company
or (ii) an Affiliate of such Voting Party; provided, that a Transfer referred to in this clause (y) shall be permitted only
if, as a precondition to such Transfer, the transferee enters into a written joinder to this Agreement with SPAC under which such
transferee agrees, reasonably satisfactory in form and substance to SPAC, to be bound by all of the terms of this Agreement.


 


6. 
Appraisal and Dissenters’ Rights. Each Voting Party hereby (a) waives, and agrees not to assert or perfect,
any rights of appraisal or rights to dissent from the Merger that Voting Party may have by virtue of ownership of the Voting Shares
and (b) agrees not to commence or participate in any claim, derivative or otherwise, against the Company relating to the negotiation,
execution or delivery of this Agreement or the Merger Agreement or the consummation of the Merger, Capital Restructuring or Self-Tender
Offer, including any claim (i) challenging the validity of, or seeking to enjoin the operation of, any provision of this Agreement
or (ii) alleging a breach of any fiduciary duty of the board of directors of the Company in connection with this Agreement, the
Merger Agreement or the Merger.


 


7. 
Exercise of Rights. Each Voting Party shall not exercise any registration rights or other rights (solely to the extent
such right would prevent, impede or delay or be inconsistent with the Transactions) granted pursuant to the Company Affiliate Agreements
with respect to any Voting Shares Beneficially Owned as of the date hereof or acquired and held in such capacity subsequent to
the date hereof, other than in compliance with this Agreement.


 




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8. 
 Termination. This Agreement shall automatically terminate upon the earliest to occur of (a) the Effective Time and
(b) the date on which the Merger Agreement is terminated in accordance with its terms. Upon termination of this Agreement, no party
shall have any further rights, obligations or liabilities under this Agreement; provided, that nothing in this Section 8
shall relieve any party of liability for any willful breach of this Agreement occurring prior to termination and the provisions
of Sections 10-13 shall survive any termination of this Agreement. 


 


9. 
No Agreement as Director or Officer. Each Voting Party is signing this Agreement solely in its capacity as a shareholders
of the Company. No Voting Party makes any agreement or understanding in this Agreement in such Voting Party’s capacity (or
in the capacity of any Affiliate, partner or employee of Voting Party) as a director or officer of the Company or any of its Subsidiaries
(if Voting Party holds such office). Nothing in this Agreement will limit or affect any actions or omissions taken by a Voting
Party (or any Affiliate, partner or employee of Voting Party) in his, her or its capacity as a director or officer of the Company,
and no actions or omissions taken in any Voting Party’s capacity (or in the capacity of any Affiliate, partner or employee
of Voting Party) as a director or officer shall be deemed a breach of this Agreement. Nothing in this Agreement will be construed
to prohibit, limit or restrict a Voting Party (or any Affiliate, partner or employee of Voting Party) from exercising his or her
fiduciary duties as an officer or director to the Company or its Subsidiaries or taking any action that may be permitted by the
Merger Agreement.


 


10. 
Specific Enforcement. The parties hereto agree that irreparable damage would occur in the event that any of the provisions
of this Agreement were not performed in accordance with their specific terms or were otherwise breached. The parties further agree
that each party shall be entitled to seek specific performance of the terms hereof and immediate injunctive relief and other equitable
relief to prevent breaches, or threatened breaches, of this Agreement, without the necessity of proving the inadequacy of money
damages as a remedy and without bond or other security being required, this being in addition to any other remedy to which they
are entitled at law or in equity. Each party hereto hereby acknowledges and agrees that it may be difficult to prove damages with
reasonable certainty, that it may be difficult to procure suitable substitute performance, and that injunctive relief and/or specific
performance will not cause an undue hardship to the parties. Each party hereto hereby further acknowledges that the existence of
any other remedy contemplated by this Agreement does not diminish the availability of specific performance of the obligations hereunder
or any other injunctive relief. Each party hereto hereby further agrees that in the event of any action by any other party for
specific performance or injunctive relief, the first party will not assert that a remedy at law or other remedy would be adequate
or that specific performance or injunctive relief in respect of such breach or violation should not be available on the grounds
that money damages are adequate or any other grounds.


 


11. 
Entire Agreement. This Agreement and the Merger Agreement together constitute the entire agreement and understanding
of the parties hereto in respect of the subject matter hereof and supersedes all prior understandings, agreements or representations,
both written and oral, by or among the parties hereto with respect to the subject matter hereof.


 






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12.  Notices.
All notices and other communications hereunder shall be in writing and shall be deemed given: (a) on the date
established by the sender as having been delivered personally; (b) one (1) Business Day after being sent by a nationally
recognized overnight courier guaranteeing overnight delivery; (c) on the date delivered, if delivered by email of a pdf
document; or (d) on the fifth (5th) Business Day after the date mailed, by certified or registered mail, return receipt
requested, postage prepaid. Such communications, to be valid, must be addressed as follows:


 


if to SPAC, prior to
Closing, to:


 


FinTech Acquisition Corp. V


2929 Arch Street, Suite 1703


Philadelphia, PA 19104-2870


		Attention:	Amanda Abrams



		Phone:	+1-215-701-9555



		Email:	aabrams@cohenandcompany.com



 


with a copy to (which
shall not constitute notice):


 


Morgan, Lewis & Bockius LLP


1701 Market Street, Philadelphia, PA 19103-2921


		Attention:	Todd A. Hentges









	 	 	Timothy Rupp
	 	 	Jeffrey Letalien



		Phone:	+1-215-963-5000



		Facsimile:	+1-215-963-5001



		Email:	todd.hentges@morganlewis.com
	 	 	timothy.rupp@morganlewis.com
	 	 	jeffrey.letalien@morganlewis.com



 


if to a Voting Party,
to such person’s address of record as set forth on Annex A hereto,


 


with a copy to (which
shall not constitute notice):


 


Skadden, Arps, Slate Meagher &
Flom LLP


One Manhattan West


New York, NY 10001


		Attention:	David Goldschmidt



		 	Sven Mickisch



		 	Maxim Mayer-Cesiano



		Phone:	+1-212-735-3574



		 	+1-212-735-3554



		 	+1-212-735-2297



		Email:	david.goldschmidt@skadden.com



		 	sven.mickisch@skadden.com



		 	maxim.mayercesiano@skadden.com



 




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and


 


Meitar | Law Offices


16 Abba Hillel Rd.


Ramat Gan, 5250608, Israel


		Attention:	Dan Shamgar



		 	Jonathan Irom



		Phone:	+972-3-610-3171



		 	+972-3-610-3183



		Email:	dshamgar@meitar.com



		 	jonathani@meitar.com



 


13. 
Miscellaneous.


 


a. 
Governing Law; Consent to Jurisdiction; Waiver of Jury Trial. Section 11.7 and Section 11.8 of the Merger Agreement
are incorporated herein by reference, mutatis mutandis.


 


b. 
Severability. In the event that any term, provision, covenant or restriction of this Agreement, or the application
thereof, is held to be illegal, invalid or unenforceable under any present or future Legal Requirement: (i) such provision will
be fully severable; (ii) this Agreement will be construed and enforced as if such illegal, invalid or unenforceable provision had
never comprised a part hereof; (iii) the remaining provisions of this Agreement will remain in full force and effect and will not
be affected by the illegal, invalid or unenforceable provision or by its severance herefrom; and (iv) in lieu of such illegal,
invalid or unenforceable provision, there will be added automatically as a part of this Agreement a legal, valid and enforceable
provision as similar in terms of such illegal, invalid or unenforceable provision as may be possible.


 


c. 
Counterparts. This Agreement may be executed in multiple counterparts, all of which shall be considered one and the
same document and shall become effective when multiple counterparts have been signed by each of the parties and delivered to the
other parties, it being understood that all parties hereto need not sign the same counterpart. Delivery by electronic transmission
to counsel for the other parties of a counterpart executed by a party shall be deemed to meet the requirements of the previous
sentence.


 


d. 
Titles and Headings. The titles and captions in this Agreement are for reference purposes only, and shall not affect
in any way the meaning or interpretation of this Agreement.


 


e.  Assignment;
Successors and Assigns; No Third Party Rights. Other than Transfers permitted by a Voting Party pursuant to Section 5,
and then only on the terms therein, no party hereto may assign, directly or indirectly, including by operation of law, either
this Agreement or any of its rights, interests, or obligations hereunder without the prior written approval of the other
parties. Subject to the foregoing sentence, this Agreement shall be binding upon and shall inure to the benefit of the
parties hereto and their respective successors and permitted assigns, and nothing herein, express or implied, is intended to
or shall confer upon any other Person any legal or equitable right, benefit or remedy of any nature whatsoever under or by
reason of this Agreement. Any purported assignment or delegation made in violation of this provision shall be void and of no
force or effect.


 


[Signature
pages follow]


 




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IN WITNESS WHEREOF,
the parties hereto have executed and delivered this Company Voting Agreement as of the date first written above.


 


	 	SPAC:    
	 	 
	 	FINTECH ACQUISITION CORP. V
	 	 
	 	By:	                  
	 	 	Name:
	 	 	Title:



 


[Signature Page to Company Voting Agreement]


 




     


     


    

 


	 	VOTING PARTY:
	 	 
	 	By:	                  
	 	 	Name:
	 	 	Title:



 


	 	Common Stock: 	         




 


	 	Series A Preferred Stock: 	 
	 	 	 
	 	Series B Preferred Stock: 	 
	 	 	 
	 	Series C Preferred Stock:	 
	 	 	 
	 	Series C-2 Preferred Stock:	 
	 	 	 
	 	Series D Preferred Stock:	 
	 	 	 
	 	Series E Preferred Stock:	           




 


	 	Address:	             
	 	 	 




 


[Signature Page to Company Voting Agreement]


 






     


     


    

 


Annex A


 


Voting Interests
and Options