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| BETWEEN |
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| WHEREAS | On the 16th of March, 2008, the Company and the Management Company entered an agreement for the rendering of management services through Mr. Zwi Williger (hereinafter: "the Agreement" and "Zwi"); and |
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| WHEREAS | Zwi resigned from all his positions at Gold Frost on October 17th, 2011, as a result of which, Gold Frost will no longer receive management services from the Management Company through Zwi; and |
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| WHEREAS | Gold Frost will no longer be a party in the agreement, and none of the parties in the agreement will have any claims or demands concerning the commencement of the agreement, its performance and/or termination; and |
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| WHEREAS | The parties wish to amend some of the agreement’s provisions. |
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| 1. | Introduction |
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|   | 1.1. | The definitions mentioned in this amendment shall have identical meaning to the ones mentioned in the Agreement, unless stated otherwise herein. |
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|   | 1.2. | The provisions of this amendment shall supersede the provisions of the Agreement and its appendices, in all matters. |
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|   | 1.3. | The contents of the Agreement and its appendices shall continue to apply, insofar as they are not explicitly superseded by this amendment. |
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|   | 1.4. | In case of a discrepancy between this amendment and the Agreement, the provisions of this amendment shall prevail. |
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| 2. | "Gold Frost Ltd." will no longer be mentioned as a party to the Agreement in the Agreement header. The words “both, together” will be deleted. |
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| 3. | In the second “whereas”, in the preamble to the Agreement, the words “in light of the change in the control of Willi-Food’s parent company, Willi-Food Investments Ltd. (hereinafter: "Willi-Food Investments"), in August, 2007” and “as CEO of Gold Frost” will be deleted. |
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| 4. | In section 3.1 of the Agreement, the words “and the CEO of Gold Frost” will be deleted. |
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| 5. | Section 4.1 of the Agreement will be deleted, and replaced with the following: “This agreement shall remain valid for a period of 3 years, starting on September 15th, 2011 and ending on September 14th, 2014, subjected to the contents of sections 4.2 to 4.7 below (hereinafter: "the Agreement Period”)”. |
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| 6. | In sections 4.2, 4.2.1, 4.3, and 4.6 of the Agreement the words “and /or Gold Frost” will be deleted, and “they” will be replaced with “it”. |
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| 7. | In section 4.2.1 of the Agreement, the words “36 months in advance” will be replaced with “18 months in advance”. In addition, the words “after a period of six months from the signing of this agreement” will be deleted. |
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| 8. | In section 5.3 of the Agreement, the words “and/or Gold Frost” and “whichever is relevant” will be deleted. |
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| 9. | Section 5.6 of the Agreement will be deleted and replaced with the word “cancelled”. |
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| 10. | Section 6.1 of the Agreement will be deleted and replaced with the following: “The Management Company will be entitled to a bonus, paid from Company profits (hereinafter: "Bonus") at a rate of 3% of Willi-Food’s deciding profit, if Willi-Food’s deciding profit is lower than 3 million NIS, or 5% of Willi-Food’s deciding profit, if Willi-Food’s deciding profit is higher than 3 million NIS. “Willi-Food’s deciding profit” – Willi-Food's annual adjusted consolidated profits, before taxes and before bonus payments to companies rendering management services for The Company”. |
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| 11. | In section 6.2 of the Agreement, the words “Gold Frost, as the subject matter dictates” will be deleted. |
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| 12. | At the end of section 8.1 of the Agreement, the following will be added: “Ltd. (hereinafter: Willi-Food Investments)”. |
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| 13. | In section 10 of the Agreement, “immediately” will be replaced with “Starting from September 15th, 2011”. |
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| 14. | Section 12 of the Agreement will be deleted and replaced with the word “Cancelled”. |
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| G. Willi-Food International Ltd. |   | Zwi W. and Co. Ltd. |
|----------------------------------|--------|---------------------|

| Gold Frost Ltd. |   |   |
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| Zwi Williger |   | Date |
|--------------|--------|------|

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