Document:

ex1024.htm

    Exhibit 10.24

    [TRANSLATED
FROM THE HEBREW]

    

    

    ADDENDUM TO
AGREEMENT

    

    Made this
24 day of April 2009

    

    

    BETWEEN:               Alon
Carmel, ID No. 53408639

    

    of 269 South Beverly Drive #1091,
Beverly Hills, CA. 90212

    (hereinafter referred to as
“Carmel”)

    

    of the first
part

    

    AND:                          Omdan
Counselling & Training Ltd

    Private company
no. 511468316

    

    of 44 Nahal Amud Street, Ramat
Hasharon 47204

    (hereinafter referred to as
“Omdan”)

    

    of the second
part

    

    AND:                          Nir
Ecology Ltd

    Private company
no. 511415382

    

    of 17 Maaleh Avshalom Street, Kiryat
Tivon 36094

    (hereinafter referred to as “Nir
Ecology”)

    

    of the third
part

    

    

    
      	
              WHEREAS

            	
              on
      24th February 2009 a voting agreement was made between the parties as the
      shareholders of Pimi Agro Cleantech Ltd, private company
      no. 513497123 (hereinafter respectively referred to as “the voting
      agreement” and “the Company”);

            

    

    

    
      	
              AND
      WHEREAS

            	
              pursuant
      to the voting agreement it was provided that for the purposes of listing
      their shares for trade and issuing shares to pension funds in the USA
      (hereinafter referred to as “the Issue”), the parties
      would transfer their shares in the Company  to a company to be
      registered in the USA on and against shares in the American Company with
      the same rights and in the same quantities as the shares in the Company
      held by the parties;

            

    

    

    
      	
              AND
      WHEREAS

            	
              the
      American Company was established on 1st April 2009 in Delaware under the
      name Pimi Agro Cleantech Inc. (hereinafter referred to as “Pimi
    Inc.”);

            

    

    

    
      	
              AND
      WHEREAS

            	
              it
      has become apparent to the parties that pursuant to section 104H of the
      Income Tax Ordinance and the pre-ruling pursuant thereto, Pimi Inc. must
      have a single class of shares after the parties’ shares have been
      transferred to it;

            

    

    

    
      	
              AND
      WHEREAS

            	
              further
      to the said information, the parties wish to amend the voting agreement as
      set out below in order to permit acceptance of the
    pre-ruling.

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
 

    NOW
THEREFORE IT IS AGREED BETWEEN THE PARTIES AS FOLLOWS:

    

    
      	
              1.

            	
              The
      recitals hereto constitute an integral part
  hereof.

            

    

    

    
      	
              2.

            	
              The
      terms and expressions in this agreement shall have the same meanings as
      given to them in the voting
agreement.

            

    

    

    
      	
              3.

            	
              Clause
      5 of the voting agreement shall be replaced by the following
    -

            

    

    

    
      	
               
      

            	
              5.1

            	
              If
      by reason of the issue and for the purpose of its implementation the
      parties transfer their shares to Pimi Inc., they shall receive shares in
      Pimi Inc. instead of their shares in the Company so that all the Ordinary
      Shares and Preference Shares of the Company that are held by them shall be
      converted into one class of shares (Common Stock) in Pimi Inc. The parties
      undertake that the provisions of this agreement shall apply to their
      holdings of Pimi Inc. shares, mutatis
      mutandis.

            

    

    

    
      	
               
      

            	
              5.2

            	
              Omdan
      and Nir Ecology undertake that in the event of Pimi Inc.’s winding-up or
      in the event of the sale of all its share capital to an investor or
      strategic purchaser, excluding in the event of a sale of shares on the
      stock exchange, as a result of which Carmel obtains less than
      US$ 965,000, they shall make up the amount to US$ 965,000 from
      the proceeds that they receive in the event of winding-up or a sale of
      their shares, if received, to a maximum of the amounts that they receive
      as a result of such winding-up or sale, pro rata between them
      to the proportionate holdings of each of them in Pimi Inc. in comparison
      with the total holdings of Omdan and Nir Ecology in Pimi Inc. at the time
      of the winding-up or sale.

            

    

    

    
      	
               
      

            	
              5.3

            	
              Should
      the issue not be implemented within 12 months of the date hereof, the
      parties shall act in order to restore the capital structure of the Company
      (including the different share classes and the holdings of those classes)
      to the state existing prior to the execution
  hereof.

            

    

    

    
      	
              4.

            	
              It
      is hereby expressed that the other provisions of the voting agreement
      shall remain unchanged.

            

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
 

    AS
WITNESS THE HANDS OF THE PARTIES

    

    

                                                                                                              
/s/ Nir Ecology
Ltd                                 
/s/Omdan Counselling & Training
Ltd

                                                                                               
               Nir
Ecology
Ltd                                      Omdan
Counselling & Training Ltd

    

    

    

    

    /s/Alon
Carmel

    Alon
Carmelex1025.htm

    Exhibit 10.25

     

    Exchange
Agreement

     

    

     

    Made this
27 day of April, 2009

     

    By and
among

     

    Pimi Agro Cleantech Inc, a
company registered in the State of Delaware, USA (“Pimi Inc.”) and Pimi Agro Cleantech Ltd. a
limited liability company registered  in the Israeli Companies
Registrar under registration Number 513497123 ("Pimi Israel"), and All The Shareholders of Pimi
Israel, a list of which is attached as Exhibit
"A" attached hereto (the "Shareholders");

     

    

     

     

    WHEREAS:

     

     

    
      	
              (A)  

            	
              Pimi
      Israel is active in the field of pre and post harvest treatment of fruits
      and vegetable with a unique formulation and storage protocol developed by
      Pimi Israel;

            

    

     

     

    
      	
              (B)  

            	
              Pimi
      Israel issued share capital at the date of this Agreement is composed of
      6,139,593 ordinary Shares 0.01 par value each and 173,996 Preferred shares
      0.01 par value each ("Pimi Israel
      Shares");

            

    

     

     

    
      	
              (C)  

            	
              Pimi
      Israel Shares are held by individuals and corporations (the "Shareholders") a list of
      which is attached as Exhibit
      A to this
      Agreement;

            

    

     

     

    
      	
              (D)  

            	
              Pimi
      Israel requires substantial funds for its activities and it intends to
      raise funds from Institutional Investors (including pension funds) in the
      USA, who require that the investment be done in shares of a U.S. company
      whose shares are listed or quoted for trade on a U.S.
      stock  exchange;

            

    

     

     

    
      	
              (E)  

            	
              For
      such purposes, Pimi Israel undertook the formation of Pimi Agro Cleantech
      Inc., a company registered in the State of Delaware in the U.S. which was
      incorporated on April 1, 2009 and which has no assets, liabilities, or
      shareholders;

            

    

     

     

    
      	
              (F)  

            	
              The
      parties intend to exchange Pimi Israel Shares only for Common Stock shares
      of Pimi Inc., without any cash consideration, and to register such shares
      for trade on the NASDAQ OTCBB pursuant to a Form 15c-211 (hereinafter
      referred to as “the
      Registration”);

            

    

     

     

    
      	
              (G)  

            	
              Pimi
      Inc. will have only one class of issued shares of Common Stock which value
      is the same value of the Ordinary Shares and the Preferred Shares of Pimi
      Israel;

            

    

     

     

    
      	
              (H)  

            	
              The
      parties intend that after Registration Pimi Inc. will raise funds through,
      among other sources, pension funds located in the U.S. via a private
      investment in the public entity  (hereinafter referred to as
      "the PIPE
      Investment");

            

    

     

     

    
      	
              (I)  

            	
              For
      this purposes and in order to enable the Registration and the PIPE
      Investment, the Shareholders have agreed to sell and transfer all of Pimi
      Israel Shares to Pimi Inc., in consideration of the allocation of Common
      Stock Shares of Pimi Inc. to the Shareholders ("The
      Transactions");

            

    

     

     

    
      	
              (J)  

            	
              Pimi
      Israel and the Shareholders have applied to the Income tax authorities in
      order to receive a pre-ruling for the Transfer and Pimi Israel Shares to
      Pimi Inc., under Section 104(h) of the Tax Ordinance and the execution of
      the Transactions is dependant on the receipt of such pre-ruling and all
      the Shareholders are aware to the Pre-ruling and the consequence of
      section 104(h) of the Tax
Ordinance;

            

    

     

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              (K)  

            	
              The
      Employees and services providers of Pimi Israel who received options under
      the ESOP for 2008 ("The
      ESOP") have agreed to exchange their option with options of Pimi
      Inc., with the same terms and conditions as under the ESOP with full
      continuity;

            

    

     

     

    

     

     

    NOW, THEREFORE, in
consideration of the foregoing and the mutual covenants herein contained, the
Parties hereby agree as follows:

     

     

    
      	
              1.  

            	
              Preamble
      and Appendices

            

    

     

     

    
      	
              1.1.  

            	
              The
      preamble to this Agreement and the declaration of the parties in it and
      the appendices to this Agreement are one and an integral part of this
      Agreement.

            

    

     

     

    
      	
              1.2.  

            	
              The
      Headings of the paragraphs are for convenience and will not be used for
      interpretation of this Agreement.

            

    

     

     

    
      	
              2.  

            	
              Definitions.

            

    

     

     

     “Closing” as defined in Section
4.3.

     

     

    “Closing Date” as defined in
Section 4.3.

     

     

    “Pimi Israel Shares” - means
6,139,593 Ordinary Shares 0.01 NIS par value each and 173,996 Preferred Shares
of 0.01 NIS par value each, as listed in Exhibit "A" attached
hereto.

     

     

    "Pimi Inc. Shares"- means
6,313,589 Common Stock shares of $ 0.01 par value each, as listed in Exhibit "B" attached
hereto.

     

     

    “Parties” means the parties to
this Agreement.

     

     

    "PIPE" – Private Investment in
Public Equity made by U.S pension funds.

     

     

    "Shareholders" all the
shareholders of Pimi Israel as listed in Appendix A.

     

     

    “Transactions” means the
transactions to be effected at the Closing, as described below.

     

     

    
      	
              3.  

            	
              General Conditions and
      Terms. The obligations of each Party to effect the Transactions are
      subject to the fulfillment at or before the Closing of the following
      conditions precedent. Each Party shall exert its best efforts in order to
      bring about the prompt fulfillment of all the conditions precedent set
      forth in this Section 3.

            

    

     

     

    
      	
              3.1.  

            	
              Acknowledgment of the
      Shareholders: Each of the Shareholders acknowledges and agrees that
      (i) the issuance of Pimi Inc. Shares constitute adequate consideration for
      the transfer of its shares to Pimi Inc, and such Shareholder is not
      entitled to receive any additional consideration with respect thereto;
      (ii) the rights, preferences, privileges and obligations of the Pimi Inc.
      Shares upon their exercise shall be as set forth in the Certificate of
      Incorporation and the By-Laws of Pimi Inc., as amended from time to
      time;

            

    

     

     

    
      	
              3.2.  

            	
              Representations and
      Warranties.  The representations and warranties made by
      the Parties in this Agreement shall have been true and correct when made,
      and shall be true and correct in all material respects as of the Closing
      as if made on the date of the
Closing.

            

    

     

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    
      	
              3.3.  

            	
              Covenants.  All
      covenants, agreements, and conditions contained in this Agreement to be
      performed or complied with by the other Parties prior to the Closing shall
      have been performed or complied with in all material respects prior to or
      at the Closing.

            

    

     

     

    
      	
              3.4.  

            	
              Consents,
      etc.  The Parties shall have secured all permits,
      consents and authorizations (including to the extent necessary, the
      approval of the relevant authorities) that shall be necessary or required
      lawfully to consummate the Transactions at the Closing and otherwise to
      fulfill their obligations under this
Agreement.

            

    

     

     

    
      	
              3.5.  

            	
              Transaction
      Documents. All documents effecting the Transactions shall be
      satisfactory to the Parties in form and content, in their reasonable
      discretion.

            

    

     

     

    
      	
              3.6.  

            	
              Pre Ruling: A
      condition precedent to the execution of this Agreement is the receipt of a
      pre ruling under section 104 (h) of the Israeli Tax Ordinance ("the Pre-Ruling") for the
      Transactions to the satisfaction of the Shareholders and their
      consultants.

            

    

     

     

    
      	
              4.  

            	
              The
      Transactions.  Subject to the terms and conditions hereof
      and subject to the  receipt of the Pre -Ruling by the
      Shareholders, with effect from the Closing Date (as defined in Section 4.3 below), the Parties shall effect the
      following transactions:

            

    

     

     

    
      	
              4.1.  

            	
              Transfer of Pimi
      Israel Shares. The Shareholders shall transfer Pimi Israel Shares
      to Pimi Inc.

            

    

     

     

    
      	
              4.2.  

            	
              Issuance and Transfer
      of Pimi Inc. Shares. In consideration for Pimi Israel Shares, Pimi
      Inc. shall issue and transfer Pimi Inc. Shares to the Shareholders in the
      amounts and division as described in Exhibit
      B. There
      will be no other consideration in cash or otherwise to the Shareholders
      other than the issued shares.

            

    

     

     

    
      	
              4.3.  

            	
              Closing.  The
      implementation of the Transactions shall take place at a closing (the
      "Closing")
      simultaneously at the offices of Sadot and Co. Law Office, or 12 Aba
      Hillel St., Ramat Gan and Sichenzia Ross Friedman Ference LLP, 61
      Broadway, New York, NY 10006, on April 27, 2009 at 14:00 a.m. Israel time
      following the fulfillment of all the conditions set forth in Section 3, or
      if such conditions did not take place at any other date that will be
      determined by the Parties (the “Closing
      Date”).

            

    

     

     

    
      	
              4.4.  

            	
              Transactions at
      Closing.  At the Closing, the transactions set forth in
      this Section 4 shall occur, which
      transactions shall be deemed to take place simultaneously. No such
      transactions shall be deemed to have been completed or any document
      delivered until all such transactions have been completed and all required
      documents have been delivered in connection
  therewith.

            

    

     

     

    
      	
              5.  

            	
              Representations and
      Warranties.

            

    

     

     

    
      	
              5.1.  

            	
              By All the
      Parties. Each Party hereby represents and warrants to the others,
      with the understanding that such other Parties will each rely on such
      representations and warranties in its decision to enter into this
      Agreement and to consummate the Transactions, as
  follows:

            

    

     

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    
      	
              5.1.1.  

            	
              Authorization;
      Consents. All corporate action on the part of such Party necessary
      for the authorization, execution and performance of all its obligations
      under this Agreement, has been taken.  This Agreement, when
      executed by or on behalf of such Party, shall constitute its valid and
      legally binding obligation, legally enforceable against such Party in
      accordance with its terms. No consent, approval, order, license, permit,
      action by, or authorization of or designation, declaration, or filing with
      any governmental authority on the part of such Party is required that has
      not been, or will not have been, obtained prior to the Closing in
      connection with the valid execution and performance of this Agreement or
      the Transactions.

            

    

     

     

    
      	
              5.1.2.  

            	
              No
      Breach.  Neither the execution of this Agreement nor
      compliance by such Party with the terms and provisions hereof, will
      conflict with, or result in a breach or violation of, any of the terms,
      conditions and provisions of: (i) the Memorandum of Association or
      Articles of Association, or other governing instruments of such Party,
      (ii) any judgment, order, injunction, decree, or ruling of any court or
      governmental authority, domestic or foreign, to which such Party is
      subject, (iii) any agreement, contract, lease, license or commitment to
      which such Party is a party or to which it is subject and which would
      impair the ability of such Party to execute or perform this Agreement or
      (iv) applicable law.  Such execution and compliance will not (a)
      give to others any rights, including rights of termination, cancellation
      or acceleration, in or with respect to any agreement, contract or
      commitment referred to in this paragraph or (b) otherwise require the
      consent or approval of any person, which consent or approval has not that
      has not been, or will not have been, obtained prior to the
      Closing.

            

    

     

     

    
      	
              5.2.  

            	
              By Pimi Inc.
      Pimi Inc. represents and warrant to the Shareholders that it is
      preparing a Registrations Statement (Form S-1) under The Securities Act of
      1933, as amended, for the Registration of Pimi Inc shares, and that a
      portion of the Pimi Inc. Shares will be submitted to the Securities and
      Exchange Commission (“SEC”) for registration, pending the SEC’s approval.
      It further represents and warrants that shares which shall not be
      registered under the Registration Statement will be subject to resale
      restrictions under Rule 144 of the Securities Act of 1933, as amended
      ("Rule
      144").

            

    

     

     

    
      	
              5.3.  

            	
              By
      Shareholders. The Shareholders hereby represent and warrant to Pimi Inc.,
      with the understanding that Pimi Inc. will rely on such representations
      and warranties in its decision to enter into this Agreement and to
      consummate the Transactions, that the Shareholders shall transfer the Pimi
      Israel Shares free and clear of any pledge, hypothecation, lien, charge,
      encumbrance, security interest, restriction, claim, of any kind
      ("Encumbrance"), in order that  after the Closing, Pimi Inc.
      will hold good and marketable legal and beneficial title to the Pimi
      Israel Shares, free and clear of any
  Encumbrance.

            

    

     

     

    The
Shareholders hereby further represent and warrant that they will comply with any
and all restrictions under Rule 144, or any other rule and/or regulation of the
SEC relating to Pimi Inc. Shares.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    
      	
              6.  

            	
              Cancellation  of
      the Agreement

            

    

     

     

    
      	
              6.1.  

            	
              No Pre-Ruling.
      If until May 31, 2009 the Pre Ruling will not be received by Pimi Israel,
      this Agreement will expire and become null and
  void.

            

    

     

     

    
      	
              6.2.  

            	
              No PIPE. If for
      any reason, the PIPE Investment, or any part thereof will not be concluded
      within 12 months as of the Closing Date, and subject that the Registration
      has not been initiated by Pimi Inc., this Agreement shall be cancelled by
      a notice given to Pimi Inc. by the Shareholders unless the above period
      was extended by mutual agreement between the
  parties.

            

    

     

     

    
      	
              6.3.  

            	
              Consequence of
      Cancellation. In case of cancellation the parties will act in order
      to restore the situation of shareholding in Pimi Israel at the date of
      signature of this Agreement by executing the following acts: Pimi Inc.
      shall return and transfer Pimi Israel Shares, clear of any Encumbrance, to
      the Shareholders, in such manner that each will receive the same and exact
      amount of shares that was transferred by them to Pimi Inc. as described in
      Exhibit A. Simultaneously, The Shareholders will transfer all of their
      Shares in Pimi Inc., clear of any Encumbrance to Pimi Inc. or to its
      order.

            

    

     

     

    
      	
              7.  

            	
              Miscellaneous.

            

    

     

     

    
      	
              7.1.  

            	
              Taxes: Each
      party shall bear the Tax which will apply on it as a result of execution
      this Agreement. The Shareholders are aware that a Pre Ruling based on
      section 104(h) to the Israeli Tax Ordinance will apply on the Shareholder.
      All parties undertake to fully comply with the Israeli tax authority rules
      and Pre

            

    

     

     

    
      	
              7.2.  

            	
              Further
      Assurances.  Each of the Parties shall perform such
      further acts and execute such further documents as may reasonably be
      necessary to carry out and give full effect to the provisions of this
      Agreement and the intentions of the Parties as reflected
      thereby.

            

    

     

     

    
      	
              7.3.  

            	
              Governing
      Law;.  This Agreement shall be governed by and construed
      according to the laws of New York, without regard to the rules of
      conflicts of laws.

            

    

     

     

    
      	
              7.4.  

            	
              Successors and
      Assigns; Assignment. Except as otherwise expressly limited herein,
      the provisions hereof shall inure to the benefit of, and be binding upon,
      the successors, assigns, heirs, executors, and administrators of the
      Parties.  None of the rights, privileges, or obligations set
      forth in, arising under, or created by this Agreement may be assigned or
      transferred without the prior consent in writing of each party to this
      Agreement.

            

    

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    
      	
              7.5.  

            	
              Entire
      Agreement; Amendment and Waiver.  This Agreement, together with
      the Exhibits hereto, constitutes the full and entire understanding and
      agreement between the Parties with regard to the subject matters hereof
      and thereof.  Any term of this Agreement may be amended and the
      observance of any term hereof may be waived (either prospectively or
      retroactively and either generally or in a particular instance) only with
      the written consent of all of the
Parties.

            

    

     

     

    
      	
              7.6.  

            	
              Notices,
      etc.  All notices and other communications required or
      permitted hereunder to be given to a party to this Agreement shall be in
      writing and shall be faxed or mailed by registered or certified mail,
      postage prepaid, or delivered by courier, addressed to such party's
      address as set forth below or at such other address as the party shall
      have furnished to each other party in writing in accordance with this
      provision.

            

    

     

    
      	
              If
      to Pimi Agro Cleantech Inc.:

              Mr.
      Jonathan Shechter, Esq.

              Sichenzia
      Ross Friedman Ference LLP.

              61
      Broadway, 32nd
      Fl.

              New
      York, NY 10006

              fax:
      +212-930-9725

               

            	
              With
      a copy to:

               

            
	
               

              If
      to Shareholders:

              To
      Eitan Shmueli, Attorney

              Of
      Sadot and Co. Law Office

              12
      Aba Hillel St. Ramat Gan

              fax:+
      972-3-6122377

              eitan@sadot-law.co.il

               

            	
               

              With
      a copy to:

               

            
	
              If
      to Pimi Inc.

              To
      Eitan Shmueli, Attorney

              Of
      Sadot and Co. Law Office

              12
      Aba Hillel St. Ramat Gan

              fax:+

               

            	
              With
      a copy to:

               

            

    

     

    Any
notice sent in accordance with this Section shall be effective (i) if mailed,
five (5) business days after mailing, (ii) if sent by courier, upon delivery,
and (iii) if sent by fax, upon transmission and electronic confirmation of
receipt or (if transmitted and received on a non-Business Day) on the first
Business Day following transmission and electronic confirmation of
receipt.

     

     

    
      	
              7.7.  

            	
              Delays or
      Omissions.  No delay or omission to exercise any right,
      power, or remedy accruing to any party upon any breach or default under
      this Agreement, shall be deemed a waiver of any other breach or default
      theretofore or thereafter occurring.  Any waiver, permit,
      consent, or approval of any kind or character on the part of any party of
      any breach or default under this Agreement, or any waiver on the part of
      any party of any provisions or conditions of this Agreement, must be in
      writing and shall be effective only to the extent specifically set forth
      in such writing.  All remedies, either under this Agreement or
      by law or otherwise afforded to any of the Parties, shall be cumulative
      and not alternative.

            

    

     

     

    
      	
              7.8.  

            	
              Severability.  If
      any provision in this Agreement shall be found or be held to be invalid or
      unenforceable under applicable law, then the meaning of said provision
      shall be construed, to the extent feasible, so as to render the provision
      enforceable, and if no feasible interpretation would save such provision,
      it shall be severed from the remainder of this Agreement which shall
      remain in full force and effect unless the severed provision is essential
      and material to the rights or benefits received by any party
      hereto.  In such event, the Parties shall use best efforts to
      negotiate, in good faith, a substitute, valid and enforceable provision
      which most nearly effects the Parties' intent in entering into this
      Agreement.

            

    

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    
      	
              7.9.  

            	
              Counterparts.  This
      Agreement may be executed in any number of counterparts, each of which
      shall be deemed an original and enforceable against the Parties actually
      executing such counterpart, and all of which together shall constitute one
      and the same instrument.

            

    

     

     

    
      	
              7.10.  

            	
              No Dissolution.
      Unless and to the extent this Agreement explicitly provides otherwise,
      each party waives the right (a) to dissolve or nullify or otherwise
      terminate this Agreement by way of an out-of-court declaration or in any
      other manner, or (b) to seek the dissolution or nullification of this
      Agreement in court.

            

    

     

     

    
      	
              7.11.  

            	
              Costs.  Except
      as otherwise provided herein, the Parties shall each pay their own costs,
      charges and expenses in relation to the negotiation, preparation,
      execution and implementation of this
Agreement.

            

    

     

    IN WITNESS WHEREOF, the
Parties hereto have caused this Agreement to be executed as a deed as of the day
and year first above written.

     

    
      /s/ Yovel
Soly                                                      /s/ Nimrod Ben-Yehuda

    

    Pimi Agro
Cleantech                                           
Pimi Agro Cleantech

    By: Yovel
Soly                                                     
By: Nimrod Ben-Yehuda

    Title:
CEO                                                              Title:
CTO

     

    Eitan
Shmueli

    Shareholders #3 to #38 inExhibit

    A by Advocate Eitan Shmueli under

    Powers of Attorney

     

    __________                                                        
______________________

    Alon Carmel 

     

    NIR Ecology Ltd

    By: Nimrod Ben-Yehuda

    Title: Director

     

    eNitiatives - New Business Architects Ltd.

     

     

    
      Eitan
Shmueli

      Shareholders #3 to #38 inExhibit

      A by Advocate Eitan Shmueli under

      Powers of Attorney

    

     

    
      /s/Alon
Carmel 

    

    
      Alon Carmel 

       

      
        NIR Ecology Ltd

        By: Nimrod Ben-Yehuda

        Title: Director

         

        eNitiatives - New Business Architects Ltd.

         

        /s/Reuven
Marko

      

      Reuven Marko

      Title: Director & GM

    

    
 

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

    

    
      
        
          	 
      	
                  Name
      of Shareholder

                	
                  Number
      of Ordinary Shares 0.01 NIS each

                	
                  Number
      of Preferred Shares 0.01 NIS each

                	
                  Total
      amount of Shares

                	
                  Address

                
	
                  1

                	
                  Alon
      Carmel

                	
                  2,268,617

                	
                  164,697

                	
                  2,433,314

                	
                  269
      South Beverly Drive #1091 Beverly Hills CA. 90212, USA

                
	
                  2

                	
                  Nir
      Ecology Ltd.

                	
                  1,440,100

                	 
      	
                  1,440,100

                	
                  17
      Ma'ale Avshalom, Kiryat Tivon, Israel, 36094

                
	
                  3

                	
                  Omdan
      Consulting and Instruction Ltd.

                	
                  808,654

                	
                  8,708

                	
                  817,362

                	
                  44
      Nachal Amud St. Ramat-Hasharon, Israel, 47204

                
	
                  4

                	
                  eNitiatives
      – New Business Architects Ltd.

                	
                  55,073

                	
                  591

                	
                  55,664

                	
                  17
      Moshe Shapira S. Netanya, Israel, 42240

                
	
                  5

                	
                  Erez
      Ravina

                	
                  139,719

                	 
      	
                  139,719

                	
                  16
      Rotem St. Gedera, Israel, 70700

                
	
                  6

                	
                  Ahiam
      Lifshitz

                	
                  76,922

                	 
      	
                  76,922

                	
                  Beit
      Hilel, 126, Galil Elyon, Israel, 12255

                
	
                  7

                	
                  Shorer
      International Ltd

                	
                  19,215

                	 
      	
                  19,215

                	
                  33
      Kore Hadorot St. Jerusalem Israel, 93393

                
	
                  8

                	
                  Yechiel
      Katz

                	
                  55,508

                	 
      	
                  55,508

                	
                  2
      Kaplan St. Tel-Aviv Israel,

                
	
                  9

                	
                  Michael
      Gildengorin

                	
                  70,139

                	 
      	
                  70,139

                	
                   6
      BLACKSTONE LN, SAN RAFAEL, CA 94903, USA

                
	
                  10

                	
                  Efi
      nave

                	
                  36,213

                	 
      	
                  36,213

                	
                  4
      Henrietta Sold St. Tel-Aviv Israel, 64924

                
	
                  11

                	
                  Dany
      Birger

                	
                  43,518

                	 
      	
                  43,518

                	
                  20
      Hatchiya St. Hulon Israel, 58403

                
	
                  12

                	
                  Lior
      Yaron

                	
                  146,965

                	 
      	
                  146,965

                	
                  1305
      Grassy Fork LOUISVILLE Kentucky 4027, USA

                
	
                  13

                	
                  Asaf
      David Margalit

                	
                  14,423

                	 
      	
                  14,423

                	
                  5
      Ha'yasmin St.Ramat-Gan Israel, 52463

                
	
                  14

                	
                  Shai
      Scharfstein

                	
                  28,527

                	 
      	
                  28,527

                	
                  5
      Borchov St. Kiryat.Tivon, Israel 36000

                
	
                  15

                	
                  Shai
      Sapir Investments Ltd.

                	
                  206,820

                	 
      	
                  206,820

                	
                  POB
      1018 Nahariya, Israel

                
	
                  16

                	
                  Galit
      Szolomowicz

                	
                  28,528

                	 
      	
                  28,528

                	
                  5616
      Alpine avenue, Cote-St-Luc, Quebec, CANADA, H4V2X5

                
	
                  17

                	
                  Jacques
      Beraru

                	
                  1,371

                	 
      	
                  1,371

                	
                   5
      Hagiva St. Kfar Oranim, Israel, 73134

                
	
                  18

                	
                  Shay
      Zilberman

                	
                  354

                	 
      	
                  354

                	
                  18
      Haya'ar St. Kfar Oranim, Israel, 73134

                
	
                  19

                	
                  Zeev
      Vider

                	
                  161

                	 
      	
                  161

                	
                  34
      Gordon St. Rehovot, Israel, 76287

                
	
                  20

                	
                  Arieh
      Zinger Zamir

                	
                  384

                	 
      	
                  384

                	
                  1
      Hadalya St. Nahariya, Israel, 22327

                
	
                  21

                	
                  Moshe
      Mazor

                	
                  7,132

                	 
      	
                  7,132

                	
                  138
      Hashikmim St. Kiryat Yam, Israel

                
	
                  22

                	
                  Hagai
      Halevy

                	
                  6,855

                	 
      	
                  6,855

                	
                  12
      Mordechai Gur St. Givat Shmuel, Israel

                
	
                  23

                	
                  Reuven
      Radu Guttmann

                	
                  1,371

                	 
      	
                  1,371

                	
                  66
      Gidon Hausner St. Jerusalem, Israel, 96431

                
	
                  24

                	
                  Alon
      Galanti

                	
                  2,641

                	 
      	
                  2,641

                	
                  13
      Finles St. Tel Aviv, Israel, 62265

                
	
                  25

                	
                  Ephraim
      David

                	
                  383

                	 
      	
                  383

                	
                  13/6
      Weizman St. Nahariya, Israel, 22407

                
	
                  26

                	
                  Dalya
      Zelikovich

                	
                  10,958

                	 
      	
                  10,958

                	
                  4
      Hayovel St. Yahud–Monoson, Israel, 56477

                
	
                  27

                	
                  Shiran
      Zelikovich

                	
                  2,740

                	 
      	
                  2,740

                	
                  4
      Hayovel St. Yahud–Monoson, Israel, 56477

                
	
                  28

                	
                  Dan
      Geiger

                	
                  1,370

                	 
      	
                  1,370

                	
                  1912
      Nashmont ct, Lansdale, PA 19446, USA

                
	
                  29

                	
                  Meir
      Avraham Duke

                	
                  273,972

                	 
      	
                  273,972

                	
                  12300
      highgrove ct. Reisterstown Maryland 21136 USA

                
	
                  30

                	
                  B.M.O.
      Lavi Investments and Holdings 2008 Ltd.

                	
                  140,351

                	 
      	
                  140,351

                	
                  26
      Ben Guryon St. Tel Aviv, Israel, 64588

                
	
                  31

                	
                  Oded
      Feigin

                	
                  66,667

                	 
      	
                  66,667

                	
                  51
      Hagefen St., Ramat Hasharon, Israel, 47225

                
	
                  32

                	
                  Oran
      Agranat

                	
                  100,000

                	 
      	
                  100,000

                	
                  4
      Eitan Yona St., Ramat Gan,Israel, 52654

                
	
                  33

                	
                  EarthBound
      LLC

                	
                  45,328

                	 
      	
                  45,328

                	
                  126
      Fifth Avenue 4th Floor New York, NY 10011-5629 USA

                
	
                  34

                	
                  Faina
      Kronenberg

                	
                  7,536

                	 
      	
                  7,536

                	
                  1215
      Holsworth Ln. Louisville, KY, 40222, USA

                
	
                  35

                	
                  Edward
      Britt Brockman

                	
                  3,773

                	 
      	
                  3,773

                	
                  Louisville,
      Kentucky, USA

                
	
                  36

                	
                  William
      Yarmuth

                	
                  18,863

                	 
      	
                  18,863

                	
                  5222
      Indian Woods Drive, Louisville, KY  40207,
USA

                
	
                  37

                	
                  H.H.
      Investment Company

                	
                  8,442

                	 
      	
                  8,442

                	
                  Azrieli
      Center, Tel-Aviv, Isarel, 67023

                
	 
      	
                  Total

                	
                  6,139,593

                	
                  173,996

                	
                  6,313,589

                	 
      

        

      

    

     

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

     

     

    EXHIBIT
A

    Shareholders
holdings of PIMI Israel

    EXHIBIT
B

    Shareholder
holding in PIMI INC. after execution of the Transactions

    
      
        	 
      	
                Name
      of Shareholder

              	
                Number
      of Common Stock Shares $0.01 each

              	
                Address

              
	
                1

              	
                Alon
      Carmel

              	
                2,433,314

              	
                269
      South Beverly Drive #1091 Beverly Hills CA. 90212, USA

              
	
                2

              	
                Nir
      Ecology Ltd. (i)

              	
                1,440,100

              	
                17
      Ma'ale Avshalom, Kiryat Tivon, Israel, 36094

              
	
                3

              	
                Omdan
      Consulting and Instruction Ltd.

              	
                817,362

              	
                44
      Nachal Amud St. Ramat-Hasharon, Israel, 47204

              
	
                4

              	
                eNitiatives
      – New Business Architects Ltd.

              	
                55,664

              	
                17
      Moshe Shapira S. Netanya, Israel, 42240

              
	
                5

              	
                Erez
      Ravina

              	
                139,719

              	
                16
      Rotem St. Gedera, Israel, 70700

              
	
                6

              	
                Ahiam
      Lifshitz

              	
                76,922

              	
                Beit
      Hilel, 126, Galil Elyon, Israel, 12255

              
	
                7

              	
                Shorer
      International Ltd

              	
                19,215

              	
                33
      Kore Hadorot St. Jerusalem Israel, 93393

              
	
                8

              	
                Yechiel
      Katz

              	
                55,508

              	
                2
      Kaplan St. Tel-Aviv Israel,

              
	
                9

              	
                Michael
      Gildengorin

              	
                70,139

              	
                 6
      BLACKSTONE LN, SAN RAFAEL, CA 94903, USA

              
	
                10

              	
                Efi
      nave

              	
                36,213

              	
                4
      Henrietta Sold St. Tel-Aviv Israel, 64924

              
	
                11

              	
                Dany
      Birger

              	
                43,518

              	
                20
      Hatchiya St. Hulon Israel, 58403

              
	
                12

              	
                Lior
      Yaron

              	
                146,965

              	
                1305
      Grassy Fork LOUISVILLE Kentucky 4027, USA

              
	
                13

              	
                Asaf
      David Margalit

              	
                14,423

              	
                5
      Ha'yasmin St.Ramat-Gan Israel, 52463

              
	
                14

              	
                Shai
      Scharfstein

              	
                28,527

              	
                5
      Borchov St. Kiryat.Tivon, Israel 36000

              
	
                15

              	
                Shai
      Sapir Investments Ltd.

              	
                206,820

              	
                POB
      1018 Nahariya, Israel

              
	
                16

              	
                Galit
      Szolomowicz

              	
                28,528

              	
                5616
      Alpine avenue, Cote-St-Luc, Quebec, CANADA, H4V2X5

              
	
                17

              	
                Jacques
      Beraru

              	
                1,371

              	
                 5
      Hagiva St. Kfar Oranim, Israel, 73134

              
	
                18

              	
                Shay
      Zilberman

              	
                354

              	
                18
      Haya'ar St. Kfar Oranim, Israel, 73134

              
	
                19

              	
                Zeev
      Vider

              	
                161

              	
                34
      Gordon St. Rehovot, Israel, 76287

              
	
                20

              	
                Arieh
      Zinger Zamir

              	
                384

              	
                1
      Hadalya St. Nahariya, Israel, 22327

              
	
                21

              	
                Moshe
      Mazor

              	
                7,132

              	
                138
      Hashikmim St. Kiryat Yam, Israel

              
	
                22

              	
                Hagai
      Halevy

              	
                6,855

              	
                12
      Mordechai Gur St. Givat Shmuel, Israel

              
	
                23

              	
                Reuven
      Radu Guttmann

              	
                1,371

              	
                66
      Gidon Hausner St. Jerusalem, Israel, 96431

              
	
                24

              	
                Alon
      Galanti

              	
                2,641

              	
                13
      Finles St. Tel Aviv, Israel, 62265

              
	
                25

              	
                Ephraim
      David

              	
                383

              	
                13/6
      Weizman St. Nahariya, Israel, 22407

              
	
                26

              	
                Dalya
      Zelikovich

              	
                10,958

              	
                4
      Hayovel St. Yahud–Monoson, Israel, 56477

              
	
                27

              	
                Shiran
      Zelikovich

              	
                2,740

              	
                4
      Hayovel St. Yahud–Monoson, Israel, 56477

              
	
                28

              	
                Dan
      Geiger

              	
                1,370

              	
                1912
      Nashmont ct, Lansdale, PA 19446, USA

              
	
                29

              	
                Meir
      Avraham Duke

              	
                273,972

              	
                12300
      highgrove ct. Reisterstown Maryland 21136 USA

              
	
                30

              	
                B.M.O.
      Lavi Investments and Holdings 2008 Ltd.

              	
                140,351

              	
                26
      Ben Guryon St. Tel Aviv, Israel, 64588

              
	
                31

              	
                Oded
      Feigin

              	
                66,667

              	
                51
      Hagefen St., Ramat Hasharon, Israel, 47225

              
	
                32

              	
                Oran
      Agranat

              	
                100,000

              	
                4
      Eitan Yona St., Ramat Gan,Israel, 52654

              
	
                33

              	
                EarthBound
      LLC

              	
                45,328

              	
                126
      Fifth Avenue 4th Floor New York, NY 10011-5629 USA

              
	
                34

              	
                Faina
      Kronenberg

              	
                7,536

              	
                1215
      Holsworth Ln. Louisville, KY, 40222, USA

              
	
                35

              	
                Edward
      Britt Brockman

              	
                3,773

              	
                Louisville,
      Kentucky, USA

              
	
                36

              	
                William
      Yarmuth

              	
                18,863

              	
                5222
      Indian Woods Drive, Louisville, KY  40207,
USA

              
	
                37

              	
                H.H.
      Investment Company

              	
                8,442

              	
                Azrieli
      Center, Tel-Aviv, Isarel, 67023

              
	 
      	
                Total

              	
                6,313,589

              	 
      

      

    

     

    9

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00160-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00160-of-00352.parquet"}]]