**ASSET      PURCHASE AGREEMENT**

*V-10,      V-100 and V-1000*

**Definitions**

**“Closing”      **

**“Closing      Date”**

**“Confidential      Information”**

**“DefensePro”      **

**“End-users”      **

**“Escrow      Account”**

**“Escrow      Agreement” **
**Exhibit      A**

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**“Intellectual      Property”**

**“Integrated      Product”**

**Knowledge**

**Licensed      Intellectual Property**
**Exhibit      B.**

**“**
**Liens”      **

**“NSS      Approval”**

**Owned      Intellectual Property**
**Exhibit      C**

**“Partners”      **

**“Partner      Agreements” **

**“Patent      Applications” **
**Exhibit      C**

**“Products”      **

**“Products’      Associated Rights”**

**“Products’      Intellectual Property”**

**“Product      Inventory” **
**Exhibit      D **

**“Purchase      Orders” **

**“Purchased      Assets”**

**“Service      Agreements”**

**“Trademark      Applications”**
**Exhibit      C**

**“V-Secure      Employees” **

| 1.2   | The              Preamble to this Agreement and the Exhibits attached hereto shall form              an              integral part of this Agreement. |
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| 1.3   | List              of Exhibits and Schedules |
|-----------------|---------------------------------------------|

| **Exhibits**                    |   |                                                                                                               |
|---------------------------------|--------|--------------------------------------------------------------------------------------------------------------------|
|                            |   |                                                                                                               |
| Exhibit                A        | -      | Escrow                Terms                                                                                        |
| Exhibit                B        | -      | Licensed                IP                                                                                         |
| Exhibit                C        | -      | Owned                IP                                                                                            |
| Exhibit                D        | -      | Product                Inventory                                                                                   |
| Exhibit                E        | -      | Service                Agreement Migration and Termination procedure                                               |
| Exhibit                F        | -      | Confidentiality                and Non-Disclosure Agreement                                                        |
|                            |   |                                                                                                               |
| **Schedules**                   |   |                                                                                                               |
|                            |   |                                                                                                               |
| Schedule                4       |        | Form                of Warrants                                                                                    |
| Schedule                7.3 -   |        | List                of V-Secure Employees required by Radware                                                      |
| Schedule                8.3(b)  |        | List                of approvals and certifications required for Closing.                                          |
| Schedule                8.3(e)  |        | Form                of consent by V-Secure’s external auditors.                                              |
| Schedule                8.3(f)  |        | Consent                by V-Secure’s external auditors in connection with additional                filings. |
| Schedule                9.1(e)- |        | List                of Agreements provided to Radware                                                              |
| Schedule                9.1(f)- |        | List                of Financial Information provided to Radware                                                   |
| Schedule                9.1(g)- |        | List                of Licenses and Certifications                                                                 |
|                            |   |                                                                                                               |

**Sale      and Purchase of Assets**

| **2.1         ** | **Purchased              Assets**. |
|---------------------------------------------------------------|------------------------------------|

| (a)                      | Upon              the terms and subject to the conditions set forth in this Agreement,              on              the Closing Date, V-Secure shall sell, convey, assign, grant, transfer              and              deliver to Radware, and Radware shall purchase, acquire and receive              from              V-Secure (i) the Owned Intellectual Property, (ii) the Product Inventory,              (iii) the Products Associated Rights and (iv) any right or asset granted              or assigned to Radware pursuant to this Agreement, free and clear of              all              Liens. |
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| (b)                     | From              and after the Effective Date, V-Secure shall give to Radware and its              representatives free and unrestricted access to the books, files, e-mails              and records of V-Secure relating to the Products. Prior to destroying              or              disposing of such books, files and records, V-Secure shall give 30-days              notice to Radware of the intended destruction or disposition, and Radware              shall have the right to take possession of the same or to make copies              of              the same at its expense. |
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| (c)                     | On              the Closing Date, V-Secure shall deliver to Radware and Radware shall              accept the Purchased Assets. |
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| (d)                     | For              the avoidance of doubt, any Owned Intellectual Property, which was              developed by V-Secure or any of its employees or subcontractors, shall              be              deemed to be included within the Purchased Assets and to be the property              of Radware. |
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| **2.2          ****  ** | **Excluded              Assets.**For              the avoidance of doubt, the assets being sold to Radware shall not              include              any right, title, interest and claims of V-Secure as the same may exist              on              the Closing Date, and that are not specifically included as part of              the              Purchased Assets, including without limitation any of the following              assets: cash and cash equivalents; tax returns; articles of incorporation              and by-laws of V-Secure; corporate minutes; seals and stock books of              V-Secure; bank deposits or accounts of V-Secure; refunds or claims              for              refunds of taxes; security or similar deposits, insurance policies,              advance payments, all accounts receivable, inventory not included in              Product Inventory, any contracts that V-Secure does not have the right              to              assign, and any contracts and any other assets tangible or intangible,              which do not relate to the Products, the Products’ Associated Rights or              the Products’ Intellectual Property. |
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| **2.3                     ** | **No              Liabilities Assumed by Radware.**Radware              shall not assume any liabilities, payments or obligations of V-Secure              or              V-Secure Ltd. (absolute, contingent or otherwise) arising out of              V-Secure’s ownership or V-Secure’s or V-Secure Ltd’s operation of any of              the Purchased Assets, or the consummation of the transactions under              this              Agreement or otherwise, including, but not limited to, any purchase              order,              frame agreement, sale agreement, agreements with suppliers and              consultants, support agreement or joint development              agreement. |
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**Purchase      of Owned Intellectual Property and Products’ Associated      Rights**

| 3.1                      | V-Secure              agrees to sell, assign and transfer to Radware all rights and title              in the              Product Inventory, the              Owned Intellectual Property, and              Products’ Associated Rights. As of the Closing Date, Radware shall have              the sole and exclusive right (except as otherwise provided in this              Agreement) to manufacture, market, sell, license and distribute the              Products, the Owned Intellectual Property and the Products’ Associated              Rights. |
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| 3.2                      | On              the Closing Date V-Secure will assign and transfer to Radware all              Trademark Applications. |
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| 3.3                      | On              the Closing Date V-Secure will assign and transfer to Radware all Patent              Applications. |
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| 3.4                      | V-Secure              agrees to provide Radware by Closing with all Product information,              including, without limitation, Product design documents, Product release              notes, bug-fixes, Product documentation, installation guides, marketing              materials, presentations, road maps, Patent Applications files and              any              additional documentation reasonably requested by Radware in order to              execute the rights purchased under this              Agreement. |
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| 3.5                      | V-Secure              agrees to request approval from The NSS Group Ltd. for the transfer              and              assignment of its approval of V-Secure’s Products to Radware’s name, and              cooperate with NSS and Radware as required for obtaining such approval. |
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**Consideration**

| (A)   | The              Parties agree that they will use their best efforts to obtain NSS Approval              within 3 months from the Closing. The Milestone Consideration will              be paid              to V-Secure in the event that Radware obtains NSS Approval for the              Integrated Product within a maximum of 6 months from the Closing Date              (the              “Milestone Period”). If NSS approval is obtained within the Milestone              Period, within 5 business days of such approval Radware shall transfer              90%              of the Milestone Consideration ($5,400,000) to V-Secure and 10% of              the              Milestone Consideration ($600,000) to the Escrow Account to be used              in              accordance with the Escrow Agreement. It is agreed that that if within              the              Milestone Period, the test is concluded successfully and Radware receives              a draft report from NSS confirming that the Integrated Product passed              the              test and will receive “NSS Approved” status, the Milestone Consideration              will be paid even if the formal Approval Certificate is received after              the              Milestone Period, however, payment shall be made within 5 business              days of              receipt of the formal certificate. Radware undertakes that it will              act in              good faith with the intention to obtain the NSS Approval within the              Milestone Period .              It              is agreed that if NSS discontinues its business for testing and approvals              for intrusion prevention products, or if NSS advises Radware that there              is              no available testing slot any time during the Milestone Period, the              Parties will agree              in good faith on alternative comparable              certification. |
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| (B)   | In                the event Radware enters into a binding agreement for the acquisition                of                Radware by a third party (the “Acquisition Agreement”), during the                Milestone Period, and prior to obtaining the NSS Approval, Radware                shall                pay V-Secure the Milestone Consideration as part of the purchase                price for                the Purchased Assets and subsection 4(A) will be                cancelled. |
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**Distributors      and End-Users**

| (a)                   | Participating              with an introduction meeting or conference call and/or sending a letter              (per Radware’s choice) with/to each Partner at a date agreed upon by the              parties which shall be within the 90 days following              Closing; |
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| (b)                   | Providing              Radware with each Partner’s full contact details (name and title of              contact person, telephone and fax numbers, office address and e-mail              address) on the Closing Date; |
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| (c)                   | On              the Closing Date, assigning to Radware of the Partners Agreements,              to the              extent that such agreements are assignable and to the extent Radware              requests their assignment. |
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| (d)                   | V-Secure              will keep personnel as necessary for the performance of its obligations              under this subsection 5.1 and bear the costs related              thereto. |
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| 5.2 | It                is Agreed and understood that Radware assumes no liability under                any of                the Service Agreements and that V-Secure shall continue to be responsible                for its obligations under the Service Agreements. However, V-Secure                undertakes and Radware agrees that V-Secure shall contact all Partners                under Service Agreements with the intention to have the Partners                agree to                terminate the Service Agreements, by trading-in the Products for                Radware                products, by being compensated for early termination of the Service                Agreement or in another manner acceptable to V-Secure and the Partner,                all                in accordance with the procedure attached hereto as**Exhibit E.** |
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| 5.3 | As                of the Closing Date, V-Secure will assign to Radware the Products                Inventory. For the avoidance of doubt, the Product Inventory excludes                all                units of inventory not listed in **Exhibit                D,**                which are intended to be used by V-Secure in the negotiation of                termination of the Service Agreements, as well as for customer support,                both pursuant to section 5.2 and Exhibit E                herein. |
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| 6. | Intentionally omitted. |
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|   |   |
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| 7. | **Employees** |
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|   |   |
|--------|--------|
| 7.1 | Radware                may hire any employee of V-Secure. However, any employment of V-Secure                employees shall be subject to an agreement between Radware and the                respective employee regarding the scope of work and terms and conditions                of employment. |
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| 7.2 | V-Secure                and its CEO shall use reasonable efforts to convince V-Secure Employees                who receive an offer from Radware to take the                offer. |
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|   |   |
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| 7.3 | It                is agreed that in order to preserve and develop the Products’ Intellectual                Property Radware must be able to hire at least 5 out of the V-Secure                Employees listed in **Schedule                7.3**                herein, and therefore, in the event that at or prior to the Closing                at                least such five (5) employees have not agreed to join Radware, Radware                shall have the right (but no obligation) to terminate this agreement                without any penalty, and in such case V-Secure shall return to Radware                the                advance payment of $300,000 within 20 business days. |
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| 7.4 | In order to encourage such V-Secure Employees                to join                Radware V-Secure agrees that out of the Base Consideration the sum                of                US$400,000 (four hundred thousand dollars) will be used for providing                such                employees with incentive bonuses if they remain with Radware for                no less                than 12 to 24 months. The above sum will be deposited in the Escrow                Account and will be used by Radware for payment of such incentive                bonuses                as per a pre-determined bonus plan concluded with the V-Secure Employees                who will join Radware. Any amount not used for bonus payments to                the                V-Secure Employees (as a result of termination of employment prior                to the                lapse of 24 months, under the terms of the bonus plan) will be returned                to                V-Secure or any third party designated by V-Secure immediately after                it                becomes known that such amount will not be paid to the designated                V-Secure                Employees, as will be set forth in the Escrow Agreement. Radware                will                provide written notice (certified by its CFO) to V-Secure (or its                designee) every six months of the status of the amounts deposited                with                respect to this Escrow Account and of V-Secure’s right of return of unused                amounts. . |
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|   |   |
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| 7.5 | V-Secure and/or V-Secure Ltd., respectively, will                terminate the employment of all V-Secure Employees hired by Radware                by                November 6, 2005 and be solely responsible for payment of their severance,                notice, salary, social charges and any payments resulting from an                employer-employee relationship up to the date of termination. |
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| 8. | **Closing** |
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| 8.1 | **The                Closing**.                The Closing shall be held at the offices of Radware Ltd. within 60                days                from the Effective Date, unless required otherwise by law or tax                concerns                or such other place, time and date as Radware and V-Secure may mutually                select. |
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| 8.2 | **Documents                to be delivered at Closing.**On                the Closing Date, subject to the terms and conditions of this Agreement,                V-Secure shall deliver to Radware such bills of sale, assignments,                endorsements and other recordable instruments of assignment, transfer                and                conveyance, in form and substance reasonably satisfactory to Radware                and                its counsel, as shall be effective to vest in Radware all of the                right,                title and interest of V-Secure in and to the Purchased Assets free                and                clear of all Liens. |
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|   |   |
|--------|--------|
| 8.3 | **Conditions                to Closing.**                Radware’s obligation to consummate the purchase of the Purchased Assets                hereunder and to transfer the consideration specified above at the                Closing                is subject to the fulfillment at or prior to the Closing of the following                conditions precedent (any of which, except for the execution of the                Escrow                Agreement (which is also a condition of V-Secure’s obligations), may be                waived by Radware): |
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| (a)                      | Delivery              by V-Secure of all the Purchased Assets and all associated documents,              materials, consents and permits detailed in Section              8.2. |
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| (b)                     | Delivery              by V-Secure of any other permit, consent and/or authorization required              for              the transfer and assignment of the Purchased Assets to Radware, if              required, and as specified in schedule 8.3(b), including any approval              of              the Israeli Ministry of Defense and the US National Security Authority              relating to encryption technology, if such approvals are required. |
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| (c)          | Delivery              by V-Secure of the contact details required under section 5.1(b)              above. |
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| (d)                     | Delivery              by V-Secure of confirmation from the Israeli Chief Scientist in a form              that establishes that the Purchased Assets are not subject to any              limitation under the Law for the Encouragement of Research and Development              in the Industry, 1984, and the regulations promulgated thereunder,              as a              result of requests for grants submitted by V-Secure or V-Secure Ltd.              to              the Office of the Chief Scientist. |
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| (e)                     | Delivery              by V-Secure of SEC compliant financial statements for the year 2004              (including comparable figures for 2003) accompanied by the consent              of              V-Secure’s external auditors, in the form attached hereto as Schedule              8.3(e). |
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| (f)                       | Delivery                by V-Secure of the consent of their external auditors in the form                attached                hereto as Schedule 8.3(f). |
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| (g)                      | Execution                of the Escrow Agreement. |
|-------------------------------------------------------------|---------------------------------------------------|
| (h)                      | Resolution                of the majority shareholders of V-Secure approving this Agreement. |
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| (i)                       | Delivery                by V-Secure and V-Secure Ltd. of written confirmation attesting that                all                of the representations, warranties and undertakings provided by it                this                Agreement are true, correct and effective in all material respects                on and                as of the Closing Date. |
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| **8.4                     ** | **Transfer              of Consideration.** Upon              Closing, Radware will transfer $7,100,000 to V-Secure, $400,000 to              an              escrow account to be used for payment of incentive bonuses to the Radware              Employees, in accordance with the terms and conditions of section 7.4              above, the Warrants, and $900,000 to an escrow account to secure              V-Secure’s indemnity obligations in accordance with sections 9 and 10.2.              herein and Schedule 8.3(h) herein, to be used in accordance with the              Escrow Agreement. Additional amounts will be transferred to the Escrow              Account to secure V-Secure’s indemnity obligations in accordance with              Sections 9 and 10.2 and Schedule 8.3(h) herein (in accordance with              the              terms of the Escrow Agreement), in accordance with the terms of Section              4.              For the avoidance of doubt, the above cash consideration totaling              $8,400,000 is in addition to the aggregate advance payments of $600,000              paid prior to signing this Agreement and pursuant to section 4              herein. |
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|   |   |
|--------|--------|

| 8.5           | **Termination.**              This Agreement may be terminated at any time prior to the Closing (by              written notice by the terminating party to the other party)              by              either party if the Closing shall not have occurred within 120 days              from              the Effective Date; provided,              however,              that the right to terminate this Agreement under this Section 8.5 shall              not be available to any party whose breach of any obligation under              this              Agreement or whose failure to effect the Closing when the other party              has              complied with all of its obligations has been the cause of, or resulted              in, the failure of the Closing to occur on or before such              date. |
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|   |   |
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| 8.6           | **Effect              of Termination/Failure to Close.**  |
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|  | (a) | In                the event of the termination and abandonment of this Agreement pursuant                to                Section 8.5 of this Agreement, this Agreement shall become void and                have                no effect and no party shall have any obligation to the other parties                hereto with respect to this Agreement, except that (i) V-Secure shall                return the advance payment of $300,000 to Radware within 20 business                days                of such termination, (ii) the provisions of this Section 8.6 shall                survive any termination and abandonment, and (iii) a termination                pursuant                to Sections 8.5 of this Agreement shall not relieve or release the                breaching party from liability for an uncured willful breach of a                representation, warranty, covenant, or agreement giving rise to such                termination, of this Agreement. |
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|  | (b) | Upon                any termination of this Agreement prior to closing, Radware shall                promptly                return to V-Secure all property and documentation delivered to Radware                in                connection with this Agreement, destroy any copies and/or summaries                of the                Products’ Intellectual Property and shall refrain from using any of the                Products’ Intellectual Property and or derivatives thereto and V-Secure                shall remain with full ownership of the Products’ Intellectual Property. |
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|   |   |
|--------|--------|
| 8.6           | **Effect                of Termination/Failure to Close.**  |
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| 9. | **Representations                  and Warranties** |
|----|-----------------------------------------------------|

| 9.1 | **Representations                and Warranties of V-Secure**                and V-Secure Ltd. V-Secure and V-Secure Ltd. represent and warrant                to                Radware, jointly and severally, as follows, and acknowledge and confirm                that Radware is relying upon such representations and warranties                in                connection with the execution, delivery and performance of this                Agreement: |
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| **(a)               ** | **Organization              and Good Standing.**              Each of V-Secure and V-Secure Ltd. are corporations duly organized,              validly existing and in good standing under the laws of the State of              Delaware and the State of Israel,              respectively. |
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| **(b)               ** | **Consents,              Authorizations, Binding Effect, Etc.**              V-Secure and V-Secure Ltd. may execute, deliver and perform this Agreement              without the necessity of any consent, approval, authorization or waiver              or              giving any notice or otherwise, except for the approval of V-Secure’s              stockholders and such consents, approvals, authorizations, waivers              and              notices which have been obtained and are unconditional and remain in              full              force and effect and such notices which have been given. Upon approval              of              V-Secure’s stockholders, which shall be provided prior to Closing, this              Agreement has been duly authorized, executed and delivered by V-Secure              and              V-Secure Ltd. and this Agreement constitutes the legal, valid and binding              obligation of V-Secure and V-Secure Ltd., enforceable against V-Secure              and              V-Secure Ltd. in accordance with its terms. The execution, delivery              and              performance of this Agreement by V-Secure and V-Secure Ltd. will not              (i)              constitute a violation of the respective Certificate of Incorporation              and/or Articles of Incorporation and/or bylaws of V-Secure and V-Secure              Ltd., as amended and in effect on the date hereof (ii) conflict with,              result in the breach of or constitute a default under any contract,              lease,              agreement, license, commitment or order of, or binding upon, V-Secure              or              V-Secure Ltd., to which the Purchased Assets are subject except for              those              that will not have a material adverse effect on the transfer of the              Purchased Assets and Radware’s right to be obtained under this Agreement,              (iii) constitute a violation of any statute, judgment, order, decree              or              regulation or rule of any court, governmental authority or arbitrator              applicable or relating to V-Secure or V-Secure Ltd. or the Purchased              Assets, or (iv) result in the creation of any Lien upon any of the              Purchased Assets pursuant to the provisions of any of the foregoing.              Each              Purchased Asset will be owned or available for use by Radware immediately              subsequent to the Closing, on the same basis as V-Secure used such              asset              or right, free and clear of any Lien. |
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| **(c)               ** | **Litigation              and Compliance.**              There are no actions, suits, claims or proceedings, whether in equity              or              at law, pending or threatened, and there are no governmental or              administrative investigations pending or threatened, against V-Secure              or              V-Secure Ltd. with respect to the Purchased Assets and/or the Products’              Intellectual Property rights or any other rights associated therewith.              To              V-Secure’s Knowledge, there are no actions, suits, claims or proceedings,              whether in equity or at law, pending or              threatened. |
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| **(d)               ** | **Intellectual              Property.**              V-Secure owns or has the right to use pursuant to written license,              sublicense, agreement or permission all Products Intellectual Property              and              any additional proprietary rights necessary for the use, sale,              implementation and operation of the Purchased Assets. Each of V-Secure              and              V-Secure Ltd. is not aware of any basis for any claim by any third              party              that the Products or the development, sale, marketing or distribution              thereof, infringes the patents, trademarks, copyrights, trade secrets              or              other intellectual property rights of any third party. V-Secure has              made              no claims that a third party has violated or infringed any of V-Secure’s              trademarks, copyrights, trade secrets or other proprietary              rights. |
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| **(e)               ** | **Contracts.**All              contracts, leases, instruments, licenses, commitments, orders and other              agreements relating to the Purchased Assets are listed on **Schedule              9.1(e)**hereto              (the “Agreements”). V-Secure warrants and certifies that Radware has been              provided with full, true and correct copies of all such Agreements              and              there are no existing material defaults by V-Secure under any of such              Agreements, other than defaults under Service Agreement that may arise              as              a result of this Agreement or the transaction contemplated              hereby. |
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| **(f)               ** | **Financial              Information.**V-Secure              and V-Secure Ltd. warrant and certify that the financial information              listed in **Schedule              9.1(f)**(the              “Financial Information”)** **has              been provided to Radware, that the Financial Information provided is              true,              accurate and complete; that financial statements, listed in Schedule              9.1(f) (“Financial Statements”) have been prepared in accordance with the              requirements of US GAAP, that there are no liabilities that are required              to be disclosed in such Financial Statements (as of the date of such              Financial Statements) that are not disclosed therein, other than              liabilities incurred in the ordinary course of business and that Radware              has been provided with any and all financial information in connection              with the Products, Products sales, Products pricing and Product              COGs. |
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| **(g)               ** | **Licenses              and certifications.**              V-Secure warrants and certifies that, the Products carry any licenses              and              certifications required for their sale and export where they have been              sold by V-Secure. A list of such licenses and certifications is attached              hereto as **Schedule              9.1(g)**. |
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| **(h)               ** | **No              Other Representations.**              Neither V-Secure or V-Secure Ltd. are providing any representations              to              Radware other than the representations contained in this Agreement. |
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| 9.2 | **Representations                and Warranties of Radware**.                Radware represents and warrants to V-Secure as follows, and acknowledges                and confirms that V-Secure is relying upon such representations and                warranties in connection with the execution, delivery and performance                of                this Agreement: |
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| **(a)               ** | **Organization              and Good Standing**.              Radware is a corporation duly organized, validly existing and in good              standing under the laws of the State of              Israel. |
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| **(b)               ** | **Consents,              Authorizations, Binding Effect, Etc**.              Radware may execute, deliver and perform this Agreement without the              necessity of any consent, approval, authorization or waiver or giving              any              notice or otherwise, except for such consents, approvals, authorizations,              waivers and notices which have been obtained and are unconditional              and              remain in full force and effect and such notices which have been given.              This Agreement has been duly authorized, executed and delivered by              Radware              and this Agreement constitutes legal, valid and binding obligation              of              Radware, enforceable against Radware in accordance with its terms.              The              execution, delivery and performance of this Agreement by Radware will              not              (i) constitute a violation of the Articles of Association of Radware,              as              amended and in effect on the date hereof (ii) conflict with, result              in the              breach of or constitute a default under any contract, lease, agreement,              license, commitment or order of, or binding upon, Radware, or (iii)              constitute a violation of any statute, judgment, order, decree or              regulation or rule of any court, governmental authority or arbitrator              applicable or relating to Radware. |
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| 10. | **Additional                Agreements** |
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| 10.1 | **Confidentiality**.                Each party hereto shall hold in confidence and have                all of its respective employees, agents, representatives and affiliated                companies hold in confidence all documents and other written material                containing information of a confidential nature belonging to the                other                party. The parties shall enter into the Non-Disclosure Agreement                attached                hereto as Exhibit                F. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.2 | **Indemnity.**                V-Secure and V-Secure Ltd. shall indemnify and hold Radware harmless                from                any liability, claims, suits, expenses (including reasonable attorney’s                fees) and damages (“Claims”) resulting from any actions or omissions or                misrepresentations of V-Secure or V-Secure Ltd. under this Agreement,                or                resulting from infringement, or alleged infringement of any third                party’s                patents or copyrights or misappropriation of any third party’s trade                secrets, in any case where the infringement claim by such third party                is                attributable to the Purchased Assets sold hereunder provided that                : (i)                Radware shall provide V-Secure / V-Secure Ltd. written notice of                such                claim, loss, expense, damage, liability or lawsuit, as soon as                practicable; (ii) Radware shall reasonably cooperate with V-Secure                /                V-Secure Ltd. in the defense and/or settlement thereof, V-Secure                /                V-Secure Ltd. shall indemnify Radware for reasonable out-of pocket                expenses incurred as a result of such cooperation; and (iii) V-Secure                or                V-secure Ltd. shall have an opportunity to assume control of such                defense                and/or settlement negotiations, provided Radware may hire a separate                legal                counsel at its own expense. V-Secure or V-Secure Ltd. shall not enter                into                any settlement, which imposes any liability on Radware or requires                any                admission by Radware without Radware’s written consent, which will not be                unreasonably delayed or withheld. Radware shall not enter into any                settlement, which imposes any liability on V-Secure or requires any                admission by V-Secure without V-Secure’s written consent, which will not                be unreasonably delayed or withheld. V-Secure’s obligations for Claims,                and Radware’s sole remedy, shall be governed by the terms of the Escrow                Agreement and be limited to the amounts specified                therein. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |
|--------|--------|
|   | Notwithstanding                the foregoing, any Claim by an indemnified party against any indemnifying                party pursuant to this Agreement shall be payable by the indemnifying                party only in the event that the accumulated amount of the Claims                in                respect of such indemnifying party’s obligations to indemnify under this                Agreement shall exceed $20,000 in the aggregate (the “Indemnification                Threshold”),                and only for amounts in excess of the Indemnification Threshold.                The                amount of any loss otherwise recoverable under this Section 10.2                by an                indemnified party shall be reduced (i) by any amounts recovered by                the                indemnified party under insurance policies (net of any costs incurred                in                connection with the collection thereof), (ii) by any indemnity,                contribution or similar payment actually received from third parties,                and                (iii) to take account of any net tax benefit actually realized by                the                indemnified party, in respect of the taxable year in which such loss                is                incurred or paid and, with respect to a tax benefit arising in a                year                subsequent to the year in which the loss is paid or incurred, the                indemnified party shall pay to the indemnifying party the amount                of such                tax benefit when such tax benefit is actually realized. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| **10.3** | **Taxes.**                Except as expressly provided otherwise herein, all transfer, sales,                use                and similar taxes, if any, payable by reason of this transaction                or the                sale, transfer or delivery of the Purchased Assets pursuant to this                Agreement shall be paid and borne by Vsecure. Radware will withhold                applicable taxes required by law (if any) and transfer such amounts                to the                appropriate authorities. |
|----------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.4 | **Employees.**Radware                may hire any employee of V-Secure, but is under no obligation to                do so. No                additional consideration will be paid to V-Secure with respect to                the hire                of any V-Secure employees. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.5 | **Non-compete.**                Upon Closing, V-Secure, V-Secure Ltd. undertake, for a period of                5 years,                not to develop, integrate, market, distribute and/or sell any products                competing with the Products, meaning, any Intrusion Prevention solutions                (“IPS”), and not to consult or provide services, or own any interest,                directly or indirectly, to or in any third party offering competing                solutions. However, the above does not preclude V-Secure from the                right to                continue to support Partners under Service Agreements that remain                in force                after Closing. Izhar Shay will commit to abide by the existing non-compete                provisions of his employment agreement as applied to Radware.                . |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.6 | **Further                Assurances**.                V-Secure, at any time after the Closing, at the request of Radware,                shall                execute, acknowledge and deliver any further assignments, conveyances                and                other assurances, documents and instruments of transfer, and will                take any                other action consistent with the terms of this Agreement, that may                reasonably be necessary for the purpose of assigning, granting and                confirming to Radware all Purchased Assets to be conveyed pursuant                to this                Agreement. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11. | **Miscellaneous** |
|-----|-------------------|

| 11.1 | **Expenses.**Whether                or not the transactions contemplated by this Agreement are consummated                and, except as otherwise may be expressly provided herein, each party                shall pay its own fees, expenses and disbursements and those of its                respective agents, representatives, consultants, accountants and                counsel                incurred in connection with this Agreement and all other costs and                expenses incurred in the performance and compliance with all conditions                to                be performed by such party under this                Agreement. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.2 | **No                Third Party Beneficiaries.**Unless                otherwise expressly provided, no provisions of this Agreement are                intended                or shall be construed to confer upon or give to any person or entity                other                than Radware and V-Secure any rights, remedies or other benefits                under or                by reason of this Agreement. For the avoidance of doubt, the V-Secure                Employees shall not be considered third party beneficiaries under                this                Agreement. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.3 | **Broker's                Fees**.                Except for a fee owed by V-Secure to CE Unterberg Towbin, V-Secure                and                Radware represent and warrant to the other that each has no obligation                or                liability to any broker or finder by reason of the transactions which                are                the subject of this Agreement. |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 11.4 | **Survival                of Representations and Warranties.**All                representations and warranties contained herein or made pursuant                hereto,                and any right to seek indemnification pursuant to Section 10.2 above,                shall survive the Closing of the transactions hereunder until June                30,                2007, or for 18 months after Closing, whichever occurs later (limited                to                the amounts specified in the Escrow Agreement and Exhibit                A). |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.5 | **Notices**.                Any notice required or permitted to be given by either party under                this                Agreement shall be in writing and shall be personally delivered or sent by                a reputable overnight mail service, or by first class mail (certified                or                registered), or by facsimile confirmed by first class mail (registered                or                certified). Notices will be deemed effective: (a) three (3) working                days                after deposit, postage prepaid, if mailed; (b) the next day if sent                by                overnight mail; or (c) the same day if sent by facsimile and confirmed                as                set forth above. A copy of any notice shall be sent to the                following: |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |
|--------|--------|
|   | to                Radware:Radware,                Ltd. 22                Raoul Wallenberg St.Tel-Aviv                69710Israel                Fax                : 972-3-7668982Attention:                Roy Zisapel, CEOWith                CC: Legal Department |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |
|--------|--------|
|   | to: V-Secure: |
|--------|---------------|
|   |   |
|--------|--------|
|   | c/o                Sharir, Shiv, Friedman & Co. Law Offices3                Azreili Center, Triangular Tower, 39th                FloorTel                Aviv 67023 IsraelFax:                972-3-6074778Attention:                Alex Berman, Adv. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.6 | **Waiver                and Modification**.                Failure by either party to enforce any provision of this Agreement                will                not be deemed a waiver of future enforcement of that or any other                provision. Any waiver, amendment or other modification of any provision                of                this Agreement will be effective only if in writing and signed by                the                parties. |
|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.7 | **No                assignment of Liabilities.**Notwithstanding                anything in this Agreement to the contrary, Radware shall not assume,                pay,                perform, or discharge, and V-Secure shall solely retain, pay, perform                and                discharge, all obligations and liabilities of V-Secure, and V-Secure                shall                not assume, pay, perform, or discharge, and Radware shall solely                retain,                pay, perform and discharge, all obligations and liabilities of Radware,                whether disclosed, undisclosed, direct, indirect, fixed or contingent,                known or unknown, incurred in the ordinary course of business or                otherwise. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.8 | **Severability**.                If for any reason a court of competent jurisdiction finds any provision                of                this Agreement to be unenforceable, that provision of the Agreement                will                be enforced to the maximum extent permissible so as to affect the                intent                of the parties, and the remainder of this Agreement will continue                in full                force and effect. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.9 | **Governing                Law**.                This Agreement and any action related thereto shall be governed,                controlled, interpreted and defined by and under the laws of the                State of                Israel, without regard to the conflicts of laws provisions                thereof. |
|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11.10 | **Entire                Agreement**.                This Agreement, including all exhibits and schedules which are                incorporated herein by reference, constitutes the entire agreement                between                the parties with respect to the subject matter hereof, and supersedes                and                replaces all prior and contemporaneous understandings or agreements,                written or oral, regarding such subject matter. |
|-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**IN      WITNESS WHEREOF, the undersigned have executed this Agreement on and as of      the      date first above written.**

| **Radware:**                                |                                | **V-Secure:**                         |
|---------------------------------------------|-------------------------------------|---------------------------------------|
|                                        |                                |                                  |
| ___________________     |                                | __________________     |
| Radware Ltd V-Secure                   |                                | Technologies (US) Inc.                |
|                                        |                                |                                  |
|                                        | ______________                 |                                  |
|                                        | V-Secure                (2000) Ltd. |                                  |

----

----

**Exhibit      A**

**Escrow      Agreement**

| a.   | The              Escrow Agreement will refer to two separate amounts in              escrow: |
|----------------|----------------------------------------------------------------------------------------------|

| i.   | $400,000,              which will be used for providing certain V-Secure Employees with incentive              bonuses if they remain with Radware for no less than 12 to 24 months,              in              accordance with the provisions of Section 7.4 of this Agreement (the              “Bonus Deposit”). |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ii.   | An              amount between $900,000 and $1,500,000 (pursuant to Sections 4 and              8.4)              which will be used to secure V-Secure’s and V-Secure Ltd.’s indemnity              obligations under the agreement, including their obligations, warranties              and representations under Sections 9, 10.2 and this Schedule 8.3 (h)              of              the Agreement (the “Indemnity Deposit”). |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| b.   | Any              amounts remaining in the Bonus Deposit after payment of all the bonuses              pursuant to a pre-determined bonus plan to be attached to the Escrow              agreement, will be returned to V-Secure or its designee(s) immediately              after it becomes known that such amount will not be paid to the designated              V-Secure Employees under such bonus plan. |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| c.   | With              respect to the Indemnity Deposit, it is agreed that on January 1, 2007              or              12 months following closing, whichever occurs later, the Indemnity              Deposit              will be reduced to $500,000 and that the remaining deposit will be              released to V-Secure or its designee(s) within an additional 6 months,              all              subject to any claims made by Radware pursuant to the terms of the              Escrow              Agreement prior to such date. |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**EXHIBIT      B**

**Licensed      Intellectual Property**

| 1.   | IP              licensed under Windriver Agreement as supplied to Radware in              hardcopy |
|----------------|----------------------------------------------------------------------------------------------------|

|   |   |
|--------|--------|

| 2.   | IP              licensed under MySQL Agreement as supplied to Radware in              hardcopy |
|-----------|------------------------------------------------------------------------------------------------|

----

**EXHIBIT      C**

**Owned      Intellectual Property**

**A.       Patents**

**Patent      Application Name: **

|   | Serial                No: 11/018,255. |
|--------|---------------------------------------|
|   | Filed:                Dec 22,2004 |
|--------|-----------------------------------|
|   | Projected                Publication date: Jun, 22 2006 |
|--------|---------------------------------------------------------|
|   | First                Inventor: Avi Chesla |
|--------|-------------------------------------------|

**Patent        Application Name: **

|   | Serial                No: 10/441,971 |
|--------|--------------------------------------|
|   | Filed:                May 19, 2003 |
|--------|------------------------------------|
|   | Publication                date: Dec 9, 2004 |
|--------|----------------------------------------------|
|   |   |
|--------|--------|

**B.       Trademarks**

| 1.   | Israeli                trademark application 157235 (NetProtect) (US corresponding case                -                76/464,313) |
|----------------|-------------------------------------------------------------------------------------------------------------------------------------|

| 2.   | Israeli                trademark application 157236 (NetProtect Enterprise) (US corresponding                case - 76/464,312). |
|----------------|----------------------------------------------------------------------------------------------------------------------------------|

| 3.   | Israeli                trademark application 157237 (NetProtect Provider) (US corresponding                case                - 76/464,311) |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------|

| 4.  | Israeli trademark application 157238 (NetProtect              Infrastructure) (US corresponding case -              76/464,310) |
|----------|---------------------------------------------------------------------------------------------------------------------------------|

**C.  Intellectual      Property**

----

**EXHIBIT      E**

**Termination      of Service Agreements for US customers**

**Exhibit      E of the Asset Purchase Agreement**

| ·   | V-Secure                will send a letter to V-Secure Partners and Customers, with the text                shown                in the bottom of this document |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | V-Secure                will contact each of the Partners and/or Customers under existing                valid                warranty and offer them the                following: |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| o   | V-Secure’s                tech support will continue to fulfill its obligations until 28 February                2006 |
|---------------|-----------------------------------------------------------------------------------------------------------------------------|

| o   | V-Secure                will offer customers a V-Secure “box” (V-10, V-100, V-1000) per each box                under warranty |
|---------------|--------------------------------------------------------------------------------------------------------------------------------------------|

| o   | In                exchange for the box, V-Secure will ask for a signed form releasing                it                from its further obligations to this                customer |
|---------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| o   | Where                needed, V-Secure will offer to give back a pro-rated share of the                customer                warranty payments, in exchange for a signed form releasing it from                its                further obligations to this                customer |
|---------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | V-Secure                will maintain its customer support line and emails during this                period |
|--------------------|--------------------------------------------------------------------------------------------------------------|

| ·   | V-Secure                will strongly recommend that its existing customers migrate to Radware’s                DefensePRo IPS and DoS solution. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | V-Secure                will advise its customers that Radware has been given V-Secure’s customer                contacts and that Radware will be contacting them to discuss a special                V-Secure customer migration program that will provide V-Secure customers                with a limited time offer to purchase DefensePro at a special low                price,                subject to Radware’s agreement to such a plan and                incentives |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**      full availability, maximum performance**
**complete      security**

----

**Exhibit      F**

| WHEREAS | Radware,                V-Secure and V-Secure Ltd. entered into an Asset Purchase Agreement                (the                “Asset Purchase Agreement”), pursuant to which Radware shall purchase,                subject to certain terms and conditions assets of V-Secure;                and                        |
|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|    |                                                                                                                                                                                                                                                                                                                                   |
| WHEREAS | Each                of Radware and V-Secure is willing to disclose confidential and                proprietary information and data to the other party, pursuant to                the terms                and subject to the conditions hereinafter set forth, and for the                purposes                stated herein; and |

**Upon      Closing - the Owned Intellectual Property included in the Purchased Assets      and      any confidential information relating to the Purchased Assets shall be      considered Radware’s Trade Secrets for the purposes of this      Agreement.**

|   | (a) | make                no use of any of the Trade Secrets except for the purpose stated                in the                foregoing paragraph 1 or as permitted pursuant to the terms of the                Asset                Purchase Agreement; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)                         | shall                not disclose, implement, or use the Trade Secrets or to make all                or any                part of the Trade Secrets available to any other person or group                for any                other purpose; |
|-------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | limit                its officers, employees, agents and representatives who are provided                with                the Trade Secrets only to those required to be aware of it for the                purpose                stated in the foregoing paragraph 1 and who are bound to it by obligations                of confidentiality; and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | (d) | take                such other precautions as it takes with its own confidential and                proprietary information to prevent disclosure of the Trade Secrets                to                third parties. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (a)   | was                generally known to the public at the time of disclosure by the Disclosing                Party; |
|-----------------|--------------------------------------------------------------------------------------------------------------------|

| (b)   | becomes                generally known to the public after disclosure by the Disclosing                Party                through no act or omission of the Receiving Party or its officers,                employees, agents, or                representatives; |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | was                disclosed to Receiving Party, prior to the time of disclosure by                the                Disclosing Party by a third party having a bona fide right both to                possess                the information and to disclose the information to the Receiving                Party. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | is                independently developed by the Receiving Party, as can be evidenced                by                written records. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | Is                disclosed pursuant to enforceable governmental or legal requirements                provided that the Receiving Party informs the Disclosing Party prior                to                such disclosure and abides by the reasonable requirements of the                Disclosing Party in respect of such                disclosure. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| RADWARE LTD.                               |                                  | V-SECURE TECHNOLOGIES (US) INC.                       |
|--------------------------------------------|---------------------------------------|-------------------------------------------------------|
|                                       |                                  |                                                  |
| By: ___________________     |                                  | By:    ____________________            |
| Name: _________________     |                                  | Name:                ___________________              |
| Title: __________________   |                                  | Title:                  ___________________ |
|                                       |                                  |                                                  |
|                                       | V-SECURE                (2000) LTD.   |                                                  |
|                                       |                                  |                                                  |
|                                       | By:                ________________   |                                                  |
|                                       | Name:                ______________   |                                                  |
|                                       | Title:                _______________ |                                                  |

----

**Schedule      4**

**Form      of Warrants**

----

**Schedule      7.3**

**List      of V-Secure Employees required by Radware**

**Avi      Chesla**

**Sagit      Tadir**

**Dima      Wolfson**

**Zoya      Khmelnik**

**Eran      Danino**

----

**Schedule      8.3(b)**

**List      of approvals and certifications required for Closing. **

**Stockholder      Approval of V-Secure**

**Whether      MOD (relating to encryption) or NSA (relating to encryption) approval is      required to be confirmed prior to Closing**

----

**Schedule      8.3(e)**

**Form      of consent by V-Secure’s external auditors.**

----

**Schedule      8.3(f)**

**Consent      by V-Secure’s external auditors in connection with additional      filings**

----

**Schedule      9.1(e)-**

**List      of contracts, leases, instruments, licenses, commitments, orders and other      agreements relating to the Purchased Assets**

----

**Schedule      9.1(f)-**

**List      of Financial Information provided to Radware**

**Financial      Information**

| 1.   |                   V-Secure’s Financial Statements under US GAAP for the years 2002, 2003,                2004. |
|----------------|--------------------------------------------------------------------------------------------------------------------------------|

| 2.   |                   V-Secure’s Financial Statements for the periods Q1/05 and                Q2/05. |
|----------------|-------------------------------------------------------------------------------------------------------------------|

| 3.   |                   Solo Statements of V-Secure (2000) Ltd and V-secure Technologies                Inc. as                of December 31st,                2004. |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.   |                   Solo Statements of V-Secure (2000) Ltd and V-secure Technologies                Inc. as                of June 30th,                2005. |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.   |                   Fixed Assets Report |
|----------------|-------------------------------------------------|

| 6.   |                   Inventory Report |
|----------------|----------------------------------------------|

| 7.   |                   Units Allocation Report |
|----------------|-----------------------------------------------------|

| 8.   |                   All the Financial Entries from January 2004 until October                2005. |
|----------------|------------------------------------------------------------------------------------------------------------|

| 9.   |                   Service Agreements Payment Summary |
|----------------|----------------------------------------------------------------|

| 10.   |                   Deferred Maintenance report as of December 31st,                2004 and June 30th                2005 |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------|

**Financial      Statements**

----

**Schedule      9.1(g)-**

**List      of Licenses and Certifications required for the production, sale and export      of      the Products**