PROMISSORY
        NOTE

      (TERM)
        

       

      
        	$49,750	
                November
                  9,
                  2007

              


      

       

      FOR
        VALUE RECEIVED,
        Infinity I-China Acquisition Corporation, a Cayman Islands exempt company
        (“Maker”),
        hereby unconditionally promises to pay to the order of Infinity-CSVC Management
        Ltd., an Israeli company (“Lender”),
        in
        lawful money of the United States of America and in immediately available
        funds,
        the principal sum of FORTY NINE THOUSAND SEVEN HUNDRED AND FIFTY DOLLARS
        ($49,750) (the “Loan”),
        due
        and payable on the dates and in the manner set forth below.

       

      1.
        Principal Repayment.
        The
        outstanding principal amount of the Loan shall be due and payable as soon
        as
        reasonably practicable upon the earliest to occur of (i) November 8, 2008,
        (ii)
        the date on which the Lender declares an Event of Default (as defined below)
        to
        have occurred and (iii) an initial public offering of the securities of the
        Maker (or any successor entity) to the public pursuant to an effective
        registration statement filed under the Securities Act of 1933, as amended
        (an
“IPO”),
        (such
        date first to occur being referred to herein as the “Maturity
        Date”).
        This
        Note may be prepaid in whole or in part at any time without notice, premium
        or
        penalty.

       

      2.
        Interest Rate and Payments.
        No
        interest shall accrue on the unpaid principal balance of the Loan; provided,
        however,
        that
        Maker promises to pay interest on the outstanding principal amount hereof
        from
        and after the Maturity Date, or during the continuance of an Event of Default
        (as defined below), at the rate of five percent (5.0%) per annum, (or, if
        such
        rate exceeds the maximum rate permitted by law, then at such maximum rate
        permitted by law). Interest shall be calculated on the basis of a 365-day
        year
        for the actual number of days elapsed. 

       

      3.
        Place of Payment.
        All
        amounts payable hereunder shall be payable in immediately available funds
        at the
        office of the Lender, unless another place of payment shall be specified
        in
        writing by the Lender.

       

      4.
        Application of Payments.
        Payment
        on this Note shall be applied first to costs and expenses incurred in the
        collection of any sum due hereunder, then to accrued interest, and thereafter
        to
        the outstanding principal balance hereof. Any principal repayment or interest
        payment hereunder not paid when due, whether at stated maturity, by acceleration
        or otherwise, shall bear interest at the rate set forth in the third sentence
        of
        Section 2 hereof (or, if such rate exceeds the maximum rate permitted by
        law,
        then at such maximum rate permitted by law) until paid in full.

       

      5.
        Value Added Tax. The
        Maker
        shall bear all Value Added Tax arising hereunder including as a result of
        the
        payment of interest or conversion rate differentials. 

       

      
        
          
          

        

        
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      6.
        Representations and Warranties. Maker
        represents and warrants to the Lender that: 

       

      (a)
        Maker
        is
        duly organized, validly existing, and in good standing under the laws of
        its
        jurisdiction of incorporation and is duly qualified and in good standing
        in
        every other jurisdiction where the nature of its business or the location
        or
        ownership of its properties requires such qualification; 

       

      (b)
        Maker
        has
        the full corporate power and authority to execute and deliver this Note and
        to
        perform all of the obligations hereunder, and all necessary corporate action
        has
        been taken to execute and deliver this Note and to make the borrowings
        hereunder;

       

      (c)
        this
        Note
        constitutes the legal, valid, and binding obligations of the Maker, enforceable
        against Maker in accordance with its terms, subject to applicable bankruptcy,
        insolvency, reorganization or similar laws generally affecting the enforcement
        of the rights of creditors; and

       

      (d)
        the
        execution, delivery and performance by the Maker of this Note do not (i)
        violate
        any provisions of the Maker’s Certificate of Incorporation, bylaws or any
        contract, agreement, law, regulation, order, decree or writ to which the
        Maker
        or any of its properties are subject, or (ii) require the consent or approval
        of
        any person, entity or authority, including, without limitation, any regulatory
        authority or governmental body of the United States of America or any state
        thereof or any political subdivision of any of the foregoing.

       

      7.
        Default.
        Each of
        the following events shall be an “Event
        of Default”
        hereunder:

       

      (a)
        Maker
        fails to pay any of the principal, interest or any other amounts payable
        under
        this Note within five (5) business days following the date as the same becomes
        due and payable;

       

      (b)
        Maker
        files any petition or action for relief under any bankruptcy, reorganization,
        insolvency or moratorium law or any other law for the relief of, or relating
        to,
        debtors, now or hereafter in effect, or seeks the appointment of a custodian,
        receiver, trustee (or other similar official) of the Maker or all or any
        substantial portion of the Maker’s assets, or makes any assignment for the
        benefit of creditors or takes any action in furtherance of any of the foregoing,
        or fails to generally pay its debts as they become due; or

       

      (c)
        an
        involuntary petition is filed, or any proceeding or case is commenced, against
        the Maker (unless such proceeding or case is dismissed or discharged within
        sixty (60) days of the filing or commencement thereof) under any bankruptcy,
        reorganization, arrangement, insolvency, adjustment of debt, liquidation
        or
        moratorium statute now or hereafter in effect, or a custodian, receiver,
        trustee, assignee for the benefit of creditors (or other similar official)
        is
        applied for, appointed for the Maker or to take possession, custody or control
        of any property of the Maker, or an order for relief is entered against the
        Maker in any of the foregoing. 

       

      8.
        Remedies. Upon
        the
        occurrence and during the continuance of an Event of Default
        hereunder:

       

      (a)
        all
        unpaid principal, accrued interest and other amounts owing hereunder shall,
        at
        the option of the Lender, and, in the case of an Event of Default pursuant
        to
Section
        6 (b)
        or
(c)
        above,
        automatically, be immediately due, payable and collectible by the Lender
        pursuant to applicable law;

       

      
        
          
          

        

        
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      (b)
        any
        and
        all unpaid principal, interest or other amounts due under this Note shall
        thereafter bear interest at the maximum rate set forth in the third sentence
        of
        Section 2 hereof; and

       

      (c)
        the Lender
        may exercise any and all rights and remedies it may have under this Note
        or
        under applicable law.

       

      All
        rights and remedies shall be cumulative and not exclusive. The failure of
        the
        holder hereof to exercise all or any of its rights, remedies, powers or
        privileges hereunder or any other agreement or applicable law in any instance
        shall not constitute a waiver thereof in that or any other
        instance.

       

      9.
        Expenses.
        The
        Maker agrees to and shall pay to the Lender on demand, any and all expenses,
        including, without limitation, reasonable attorney’s fees and disbursements,
        incurred or paid by the Lender for collection or enforcement of amounts
        outstanding hereunder.

       

      10.
        Waivers.
        The
        Maker, for itself and its legal representatives, successors and assigns,
        hereby
        expressly waives demand, protest, presentment, notice of dishonor, notice
        of
        acceptance, and notice of protest, and all other demands and notices in
        connection with the delivery, acceptance, performance, default or enforcement
        of
        this Note and agrees that any extension, renewal or postponement of the time
        of
        payment or any other indulgence to, or release of any person now or hereafter
        obligated for the payment of this Note shall not affect the Maker’s liability
        hereunder.

       

      11.
        Governing Law. This
        Note
        shall be governed by, and construed in accordance with, the laws (and not
        the
        laws of conflict) of the State of Israel. 

       

      12.
        Successors and Assigns.
        This
        Note and all obligations of the Maker hereunder shall be binding upon the
        successors and assigns of the Maker, and shall, together with the rights
        and
        remedies of the Lender hereunder, inure to the benefit of the Lender, any
        future
        holder of this Note and their respective successors and assigns, provided,
        however, the Maker may not transfer or assign its rights or obligations
        hereunder without the express written consent of the Lender, and any purported
        transfer or assignment by the Maker without the Lender’s written consent shall
        be null and void. The Lender may assign, transfer, participate or endorse
        its
        rights under this Note without the consent or approval of the Maker, and
        all
        such rights shall inure to the Lender’s successors and assigns. No sales of
        participations, other sales, assignments, transfers, endorsements or other
        dispositions of any rights hereunder or any portion thereof or interest therein
        shall in any manner affect the obligations of the Maker under this Note.
        Upon
        request, the Maker shall, at its own expense, execute and deliver to the
        assignee of this Note, a replacement Note of equal and like tenor in an amount
        assigned to and assumed by such assignee.

       

      
        
          
          

        

        
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      13.
        Entire Agreement; Amendments; Invalidity.
        This
        Note constitutes the entire agreement and understanding of the parties, and
        supercedes and replaces in its entirety any prior discussions, agreements,
        etc.,
        all of which are merged herein and therein. None of the terms of this Note
        may
        be amended or otherwise modified except by an instrument executed by each
        of the
        Maker and the Lender. If any term of this Note shall be held to be invalid,
        illegal or unenforceable, the validity of all other terms hereof shall in
        no way
        be affected thereby, and this Note shall be construed and be enforceable
        as if
        such invalid, illegal or unenforceable term had not been included
        herein.

       

      IN
        WITNESS WHEREOF,
        this
        Note has been duly executed and delivered as of the date first set forth
        above.

       

      
        	MAKER:	 	 
	 	 	 
	INFINITY
                I-CHINA ACQUISITION CORPORATION.	 	 
	 	 	 
	 	 	 	 	 
	By:	/s/
                Amir
                Gal-Or	 	 	
              
	 	
                
Amir
                Gal-Or 	 	 	
              
	 	Co-President
                and
                co-Chief Executive Officer	 	 	
              


      

      
        	 	 	 
	 	 	 	 	 
	By:	/s/
                Avishai
                Silvershatz	 	 	
              
	 	
                
Avishai
                Silvershatz	 	 	
              
	 	
                Co-President
                  and co-Chief Executive Officer

              	 	 	
              


      

       

      
        
          
          

        

        
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