Document:

Exhibit 10.4.7

 

SECURITY AGREEMENT

 

THIS SECURITY AGREEMENT
(this “Agreement”) is made as of the [_] day of _____, 2022, by and among Holisto Ltd. (the “Grantor”
or the “Company”), a private company (registration no. 515341535) organized under the laws of the State of Israel with
offices located at 2 Nim Ave., Rishon LeZion 7546302, Israel and 3i, LP, a company organized under the laws of the State of New
York with offices located at 140 Broadway, 38th Floor, New York, NY 10005 in its capacity as the Collateral Agent (as defined below; the
“Creditor”).

 

WHEREAS,
pursuant to the term of that certain Securities Purchase Agreement dated as of June 9, 2022 (the
“SPA”) by and among the Grantor, Moringa Acquisition Corp. a Cayman Islands exempted company (the SPAC), and each of
the investors listed on the Schedule of Buyers attached to the SPA , the Grantor issued the Buyers those certain Senior Secured
Convertible Notes (the “Notes”); and 

 

WHEREAS,
it is required under the terms of the SPA that the Grantor shall have granted the Creditor, as Collateral Agent on behalf of itself and/or
any additional Buyers, security interests, and undertaken the obligation contemplated by this Security Agreement to pledge all its assets
in favor of the Creditor, as Collateral Agent on behalf of itself and/or any additional Buyers in a first priority fixed
pledge and a first priority floating pledge; 

 

NOW, THEREFORE, the
Grantor and the Creditor, intending to be legally bound, hereby agree as follows:

 

1.
Definitions. 

 

(a) Capitalized terms used and not otherwise defined herein shall have the meaning set forth in the SPA and
if not defined in the SPA, then in the Note.

 

(b)
 As used herein, the following terms shall have the meaning set forth below: 

 

“Collateral”
shall have the meaning set forth in Section ‎2 hereof.

 

“Event of Default”
shall have the meaning set forth in Section ‎9 of this Agreement.

 

“Indebtedness”
shall have the meaning set forth in the SPA.

 

“Lien”
shall mean mortgages, claims, liens, pledges, charges, encumbrances, security interests and other encumbrance of any kind, whether
voluntarily incurred or arising by operation of law or otherwise against any portion of the Collateral.

 

“Obligations”
shall include all loans, advances, debts, liabilities, obligations, covenants and duties owing to the Creditor pursuant to the Note, the
Other Notes, the Registration Rights Agreement, or any of the other Security Documents, in all cases – of any kind or nature, present
or future (including any interest accruing thereon after maturity, or after the filing of any petition in bankruptcy, or the commencement
of any insolvency, reorganization or like proceeding relating to the Grantor, whether or not a claim for post-filing or post-petition
interest is allowed in such proceeding), whether, absolute or contingent, joint or several, now existing or hereafter arising; and any
amendments, extensions, renewals and increases of or to any of the foregoing, and all costs and expenses of the Creditor incurred in the
enforcement and collection in connection with any of the foregoing, including reasonable attorneys’ fees and other expenses.

 

     

     

    

 

“Ordinary
Shares” shall have the meaning set forth in the Note.

 

“Permitted Liens”
shall have the meaning set forth in the Note.

 

“Person”
shall have the meaning set forth in the SPA.

 

“Security Documents”
shall have the meaning set forth in the SPA.

 

“Other Notes”
shall have the meaning set forth in the Note.

 

“Subsidiaries”
shall have the meaning set forth in the SPA.”

 

“Registration Rights
Agreement” means that certain registration rights agreement, dated as of the Closing Date, by and among the Company and the
initial holders of the Notes relating to, among other things, the registration of the resale of the Ordinary Shares issuable upon conversion
of the Notes or otherwise pursuant to the terms of the Notes and exercise of the Warrants, as may be amended from time to time.

 

2.1.
Grant of Security Interest in the Collateral. In order to secure
the prompt payment and performance in full when due, whether by lapse of time, acceleration, mandatory prepayment or otherwise, of the
Obligations, the Grantor hereby unconditionally grants, assigns, and pledge to the Collateral
Agent, for the benefit of the Creditor first priority floating pledge in all of the existing and future assets of the Company,
including a pledge of all of the share capital owned by the Company in each of the Subsidiaries, and including but not limited to the
following assets (collectively, the “Collateral”):

 

(i) All
of such Grantor’s (A) accounts; (B) securities entitlements, securities accounts, commodity accounts, commodity contracts and investment
property; (C) deposit accounts; (D) pledged interests; (E) documents; (F) chattel paper; (G) inventory, including raw materials, work
in process, or materials used or consumed in the Grantor’s business, items held for sale or lease; (H) commercial tort claims, if
any; (I) letter of credit rights; (J) all cash and cash equivalents thereof, or other assets of such Grantor that now or hereafter come
into possession, custody, or control of the Creditor and/or the Collateral Agent for the benefit of the Creditor.

 

(ii) All
tangible personal property and assets leased or owned by the Grantor, and all Company Real Property as set forth in Schedule 3(w)(ii)
of the SPA, including without limitation any equipment and machinery thereof, any fixture, structure, and estate whether now owned or
hereafter acquired or arise and wherever located and all property of the Grantor now or hereafter in the Creditor’s possession or
in transit to or from, or under the custody or control of, the Creditor or any affiliate thereof.

 

(iii) All
rights and interests in estate and all contractual rights under agreements made by and among the Grantor and the Israel Land Authority
and/or the Development Authority and/or the Jewish National Fund and/or any other party whether now owned or hereafter acquired or arise
and wherever located.

 

(iv) All
general intangibles of every kind and description, including payment intangibles, all existing and future choses in action, claims (including
claims for indemnification or breach of warranty), books, records, contracts, tax and any other types of refunds, returned and unearned
insurance premiums, rights and claims under insurance policies.

 

    1

     

    

 

(v) Any
of the securities, financial assets, options, shares, interests and banknotes withdrawn by or registered in the name of the Company, that
are at any time and under any circumstances directly or indirectly exercisable or exchangeable for, or which otherwise entitles the holder
thereof to acquire, any share capital or other security of the Company.

 

(vi) All
authorized share capital of which are issued and outstanding and/or reserved for issuance pursuant to Convertible Securities (as defined
in the SPA), and Grantor’s goodwill and reputation, as now owned or hereafter arise, provided, however, that there are no additional
limitation with respect to the issuance of shares or other securities by the Grantor from the registered share capital that are not restricted
under the SPA.

 

(vii) All
rights, titles, and interests in all assets, proceeds, profits, incomes and other benefits, arising from or in connection with the Company
Intellectual Property (as defined below), whether now owned or hereafter acquired, including any licenses and/or registrations rights
provided to the Grantor in or with respect to Company Intellectual Property and all Listed Company Intellectual Property (as set forth
in Schedule 3(x)(ii) of the SPA) registered or filed by, or on behalf of, the Company anywhere in the world that is owned by the
Company or a Subsidiary, any unregistered trademarks used by the Company or its Subsidiaries, and includes the owner of record, date of
application or issuance and relevant jurisdiction as to each, and all Company Intellectual Property Contracts (as set forth in Schedule
3(x)(iii) of the SPA), and all IP Assignment Agreements (as described in section 3(x)(vii) thereunder), including without limitations
(the “Company Intellectual Property”): (A) trademarks and service marks, trade dress, product configurations, trade
names and other indications of origin, applications or registrations in any jurisdiction pertaining to the foregoing and all goodwill
associated therewith; (B) inventions, discoveries, improvements, ideas, know-how, formula methodology, processes, technology, software
(including password unprotected interpretive code or source code, object code, development documentation, programming tools, drawings,
specifications and data) and applications and patents in any jurisdiction pertaining to the foregoing, including re-issues, continuations,
divisions, continuations-in-part, renewals or extensions; (C) trade secrets, including confidential information and the right in any jurisdiction
to limit the use or disclosure thereof; (D) copyrights in writings, designs software, mask works or other works, applications or registrations
in any jurisdiction for the foregoing and all moral rights related thereto; (E) database rights; (F) internet websites, domain names and
applications and registrations pertaining thereto and all intellectual property used in connection with or contained in all versions of
the Web sites; (G) rights under all agreements relating to the foregoing; (H) books and records pertaining to the foregoing; and (I) claims
or causes of action arising out of or related to past, present or future infringement or misappropriation of the foregoing.

 

(viii) All
cash and noncash proceeds and products including insurance proceeds or commercial tort claims of all of the foregoing property, or other
tangible or intangible property resulting from the sale, lease, license, exchange, collection, or other disposition of any of the foregoing,
the proceeds of any award in condemnation with respect to any of the foregoing, any rebates or refunds, whether for tax or otherwise,
and all proceeds of any such proceeds, or any portion thereof or interest therein, and the proceeds thereof, and all proceeds of any loss
of, damage to, or destruction of the above, whether insured or not insured, and, to the extant not otherwise included, any indemnity,
warranty, or guaranty payable by reason of loss or damage to, otherwise with respect of the foregoing. Without limiting the generality
of the foregoing, such proceeds includes whatever is receivable or received when Investment (as defined in the Note) or proceeds are sold,
exchanges, collected, or otherwise deposed of, whether such disposition is voluntary or involuntary, and includes proceeds of any indemnity
or guaranty payable to the Grantor from time to time with respect to any of the Investment.

 

    2

     

    

 

(ix) All
rights, proceeds, and assets that exist now or hereafter in the deposit accounts, including but not limited to any of the securities,
money, and account opening documents and/or any other material document that were signed or will be signed by the Grantor with respect
to the deposit accounts whether now owned or hereafter acquired (the “Deposit Money”). In the event that the Deposit
Money, or any portion thereof or interest therein, is transferred into another Person’s account, for any reason, including as a
result of renewal, termination, sale, exchange, collection, or other disposition of the Deposit Money, as a matter of applicable law or
under the terms of another contract, the terms of this Agreement shall apply on the transferred Deposit Money. For the avoidance of doubt,
this Section ‎2‎(ix) will apply in case of further transfers of the Deposit Money.

 

A first priority fixed pledge of all
of the Company Intellectual Property.

 

2. Change
in Name or Locations. The Grantor hereby agrees that if the Grantor changes its name, its type of organization or its state of
organization the Grantor will immediately notify the Creditor in writing of the additions or changes.

 

3.
Representations and Warranties. The Grantor represents, warrants and covenants to the Creditor that: (i) all the representations
and warranties made by the Company in Section 3 of the SPA are true and correct on the date hereof; (ii) the Grantor has good, marketable
and indefeasible title to the Collateral that it owns and the Collateral is free from any and all Liens of any kind, other than Permitted
Liens; (iii) except as herein provided or expressly permitted in the Note, the Grantor will not hereafter without the Creditor’s
prior written consent sell, pledge, encumber, assign or otherwise dispose of any of the Collateral or any part thereof, or permit any
right of setoff, lien or security interest to exist thereon except to the Creditor and except in the ordinary course of business, all
subject to the provisions of the Note; and (iv) the Grantor will use its reasonable commercial efforts to defend the Collateral against
all claims and demands of all persons at any time claiming the same or any interest therein, as it deems appropriate in its reasonable
judgment.

 

4.
Grantor’s Covenants. The Grantor covenants that it shall:

 

(i) from
time to time and at all reasonable times at reasonable intervals and upon prior written coordination with the Grantor, allow the Creditor,
by or through the Collateral Agent and/or any of its officers, attorneys, or accountants, during working hours, to examine or inspect
the Collateral all in accordance with the provisions of the Note, subject to execution by the inspector thereof of a customary confidentiality
undertaking towards the Grantor;

 

(ii) subject
to the provisions of the Note, keep the Collateral in good working order and repair at all times, subject to normal wear and tear;

 

(iii) have
and maintain at all times insurance with reputable insurance companies which the Grantor believes is reasonable for its operations.

 

5.
Negative Pledge; No Transfer. Without derogating from the provisions of the Note and unless expressly permitted under the
Note, the Grantor will not sell or offer to sell or otherwise transfer or grant or allow the imposition of a Lien upon the Collateral
and will not allow any third party to gain control of all or any part of the Collateral (except, in each case, for any sale, transfer,
grant, collections of accounts and other transactions or actions in the Grantor’s ordinary course of business), and will not use
any portion thereof in any manner inconsistent with this Agreement or with the terms and conditions of any policy of insurance thereon.

 

    3

     

    

 

6.
Covenants for Accounts.

 

(i) The
Grantor will, on the Creditor’s reasonable demand, make notations on its books and records showing the Creditor’s security
interest.

 

(ii) From
time to time with such reasonably frequency as the Creditor may request however not more than once a calendar quarter, the Grantor will
report to the Creditor all credits given to account debtors on all accounts.

 

7. Further Assurances.

 

(i) The
Grantor shall file one or more financing, continuation or amendment statements as reasonably necessary in order to perfect, preserve and
protect the Creditor’s security interests. If required by the Grantor, the Creditor will execute all documentation necessary for obtaining
and maintaining perfection of the Creditor’s security interests in the Collateral.

 

(ii) If any Collateral
consists of letter of credit rights, electronic chattel paper, deposit accounts or supporting obligations not maintained with the
Creditor or one of its affiliates, or any securities entitlement, securities account, commodities account, commodities contract or
other investment property, then at the Creditor’s request the Grantor will make its reasonable commercial efforts to execute
and to cause the depository institution or securities intermediary upon whose books and records the ownership interest of the
Grantor in such Collateral appears, to execute such pledge agreements, notification or other agreements as the Creditor deems
necessary in order to perfect, prioritize and protect its security interest in such Collateral, in each case in a form satisfactory
to the Creditor.

 

8.
Events of Default. Each of the following events shall constitute
an “Event of Default”:

 

(i) the
failure of the applicable Registration Statement (as defined in the Registration Rights Agreement) to be filed with the SEC on or prior
to the date that is ten (10) Israeli Business Days after the applicable Filing Deadline (as defined in the Registration Rights Agreement)
or the failure of the applicable Registration Statement to be declared effective by the SEC on or prior to the date that is five (5) days
after the applicable Effectiveness Deadline (as defined in the Registration Rights Agreement);

 

(ii) while
the applicable Registration Statement is required to be maintained effective pursuant to the terms of the Registration Rights Agreement,
the effectiveness of the applicable Registration Statement lapses for any reason (including, without limitation, the issuance of a stop
order) or such Registration Statement (or the prospectus contained therein) is unavailable to any holder of Registrable Securities (as
defined in the Registration Rights Agreement) for sale of all of such holder’s Registrable Securities in accordance with the terms
of the Registration Rights Agreement (other than as a result of actions or conduct by any Holder, any Other Holder or any of their Affiliates),
and such lapse or unavailability continues for a period of ten (10) consecutive days or for more than an aggregate of twenty (20) days
in any 365-day period (excluding days during an Allowable Grace Period (as defined in the Registration Rights Agreement));

 

(iii) the
suspension (or threatened suspension as evidenced by written notice from the Eligible Market) from trading or the failure of the Ordinary
Shares to be listed (as applicable) on an Eligible Market for a period of five (5) consecutive Trading Days;

 

(iv) the
Company’s (A) failure to cure a Conversion Failure or a Delivery Failure (as defined in the Warrants) by delivery of the required
number of Ordinary Shares within five (5) Trading Days after the applicable Conversion Date or exercise date (as the case may be) or (B)
notice, written or oral, to any holder of the Notes or Warrants, including, without limitation, by way of public announcement or through
any of its agents, at any time, of its intention not to comply, as required, with a request for conversion of any Notes into Ordinary
Shares that is requested in accordance with the provisions of the Notes, other than pursuant to Section 3(d), or a request for exercise
of any Warrants for Ordinary Shares in accordance with the provisions of the Warrants;

 

    4

     

    

 

(v) except
to the extent the Company is in compliance with Section 11(b) of the Note, at any time following the tenth (10th) consecutive day that
the Holder’s Authorized Share Allocation (as defined in Section 11(a) of the Note) is less than the sum of (A) the number of Ordinary
Shares that the holder of a Note would be entitled to receive upon a conversion of the full Conversion Amount of the Note (without regard
to any limitations on conversion set forth in Section 3(d) of a Note or otherwise), and (B) the number of Ordinary Shares that a holder
of a Note would be entitled to receive upon exercise in full of the Holder’s Warrants (without regard to any limitations on exercise
set forth in the Warrants);

 

(vi) the
Company’s or any Subsidiary’s failure to pay to the holder of a Note any amount of Principal, Interest, Make-Whole Amount,
Late Charges or other amounts when and as due under the Note (including, without limitation, the Company’s or any Subsidiary’s
failure to pay any redemption payments or amounts hereunder) or any other Transaction Document (as defined in the SPA) or any other agreement,
document, certificate or other instrument delivered in connection with the transactions contemplated hereby and thereby, except, in the
case of a failure to pay Interest and Late Charges when and as due, in which case only if such failure remains uncured for a period of
at least two (2) Trading Days after notice from the Holder as to such failure;

 

(vii) the
Company fails to remove any restrictive legend on any certificate or any Ordinary Shares issued to the holder of a Note upon conversion
or exercise (as the case may be) of any Securities (as defined in the SPA) acquired by the holder of a Note under the SPA (including the
Note) as and when required by such Securities or the SPA, unless otherwise then prohibited by applicable securities laws, and any such
failure remains uncured for at least five (5) Israeli Business Days;

 

(viii) the
occurrence of any default under, redemption of or acceleration prior to maturity of at least an aggregate of $250,000 of Indebtedness
(as defined in the SPA) of the Company or any of its Subsidiaries, other than with respect to any Other Notes;

 

(ix) bankruptcy,
insolvency, reorganization or liquidation proceedings or other proceedings for the relief of debtors shall be instituted by or against
the Company or any Subsidiary and, if instituted against the Company or any Subsidiary by a third party, shall not be dismissed within
sixty (60) days of their initiation;

 

(x) the
commencement by the Company or any Significant Subsidiary of a voluntary case or proceeding under any applicable bankruptcy, insolvency,
reorganization or other similar law or of any other case or proceeding to be adjudicated a bankrupt or insolvent, or the consent by it
to the entry of a decree, order, judgment or other similar document in respect of the Company or any Significant Subsidiary in an involuntary
case or proceeding under any applicable bankruptcy, insolvency, reorganization or other similar law or to the commencement of any bankruptcy
or insolvency case or proceeding against it, or the filing by it of a petition or answer or consent seeking reorganization or relief under
any applicable law, or the consent by it to the filing of such petition or to the appointment of or taking possession by a custodian,
receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or any Significant Subsidiary or of any
substantial part of its property, or the making by it of an assignment for the benefit of creditors, or the execution of a composition
of debts, or the occurrence of any other similar proceeding, or the admission by it in writing of its inability to pay its debts generally
as they become due, the taking of corporate action by the Company or any Significant Subsidiary in furtherance of any such action or the
taking of any action by any Person to commence a foreclosure sale or any other similar action under any applicable law;

 

    5

     

    

 

(xi) the
entry by a court of (i) a decree, order, judgment or other similar document in respect of the Company or any Significant Subsidiary of
a voluntary or involuntary case or proceeding under any applicable bankruptcy, insolvency, reorganization or other similar law or (ii)
a decree, order, judgment or other similar document adjudging the Company or any Significant Subsidiary as bankrupt or insolvent, or approving
as properly filed a petition seeking liquidation, reorganization, arrangement, adjustment or composition of or in respect of the Company
or any Significant Subsidiary under any applicable law or (iii) a decree, order, judgment or other similar document appointing a custodian,
receiver, liquidator, assignee, trustee, sequestrator or other similar official of the Company or any Significant Subsidiary or of any
substantial part of its property, or ordering the winding up or liquidation of its affairs, and the continuance of any such decree, order,
judgment or other similar document or any such other decree, order, judgment or other similar document unstayed and in effect for a period
of sixty (60) consecutive days;

 

(xii) a
final judgment or judgments for the payment of money aggregating in excess of $250,000 are rendered against the Company and/or any Significant
Subsidiary and which judgments are not, within thirty (30) days after the entry thereof, bonded, discharged, settled or stayed pending
appeal, or are not discharged within thirty (30) days after the expiration of such stay; provided, however, any judgment which is covered
by insurance or an indemnity from a credit worthy party shall not be included in calculating the $250,000 amount set forth above so long
as the Company provides the holder of a Note a written statement from such insurer or indemnity provider (which written statement shall
be reasonably satisfactory to the holder of a Note) to the effect that such judgment is covered by insurance or an indemnity and the Company
or such Significant Subsidiary (as the case may be) will receive the proceeds of such insurance or indemnity within thirty (30) days of
the issuance of such judgment, or such longer period if permitted under the applicable judgement;

 

(xiii) the
Company and/or any Subsidiary, individually or in the aggregate, either (i) fails to pay, when due, or within any applicable grace period,
any payment with respect to any Indebtedness in excess of $250,000 due to any third party (other than payments contested by the Company
and/or such Subsidiary (as the case may be) in good faith by proper proceedings and with respect to which adequate reserves have been
set aside for the payment thereof in accordance with GAAP) or is otherwise in breach or violation of any agreement for monies owed or
owing in an amount in excess of $250,000, which breach or violation permits the other party thereto to declare a default or otherwise
accelerate amounts due thereunder, or (ii) suffer to exist any other circumstance or event that would, with or without the passage of
time or the giving of notice, result in a default or event of default under any agreement binding the Company or any Subsidiary, which
default or event of default would or is likely to have a material adverse effect on the business, assets, operations (including results
thereof), liabilities, properties, condition (including financial condition) or prospects of the Company or any of its Subsidiaries, individually
or in the aggregate;

 

(xiv) other
than as specifically set forth in another clause of this Section 9, the Company or any Subsidiary breaches in any material respect representation
or warranty, or covenant or other term or condition of any Transaction Document, except, in the case of a breach of a covenant or other
term or condition that is curable, only if such breach remains uncured for a period of five (5) consecutive Trading Days;

 

    6

     

    

 

(xv) a
false or inaccurate certification (including a false or inaccurate deemed certification) by the Company that either (A) the Equity Conditions
are satisfied, (B) there has been no Equity Conditions Failure, or (C) as to whether any Event of Default has occurred;

 

(xvi) any
breach or failure in any respect by the Company or any Subsidiary to comply with any provision of Section 15 of the Note;

 

(xvii) any
Material Adverse Effect (as defined in the SPA) occurs;

 

(xviii) any
provision of any Transaction Document (including, without limitation, the Security Documents and the Guaranties) shall at any time for
any reason (other than pursuant to the express terms thereof) cease to be valid and binding on or enforceable against the parties thereto,
or the validity or enforceability thereof shall be contested by any party thereto other than as a result of such provision being in violation
of any Law, or a proceeding shall be commenced by the Company or any Subsidiary or any governmental authority having jurisdiction over
any of them, seeking to establish the invalidity or unenforceability thereof, or the Company or any Subsidiary shall deny in writing that
it has any liability or obligation purported to be created under any Transaction Document (including, without limitation, the Security
Documents and the Guaranties);

 

(xix) any
Security Document shall for any reason fail or cease to create a separate valid and perfected and, except to the extent permitted by the
terms hereof or thereof, first priority Lien on the Collateral in favor of the Collateral Agent or any material provision of any Security
Document shall at any time for any reason cease to be valid and binding on or enforceable against the Company or the validity or enforceability
thereof shall be contested by any party thereto, or a proceeding shall be commenced by the Company or any governmental authority having
jurisdiction over the Company, seeking to establish the invalidity or unenforceability thereof;

 

(xx) any
material damage to, or loss, theft or destruction of, any Collateral, whether or not insured, or any strike, lockout, labor dispute, embargo,
condemnation, act of God or public enemy, or other casualty which causes, for more than thirty (30) consecutive days, the cessation or
substantial curtailment of revenue producing activities at any facility of the Company or any Significant Subsidiary, if any such event
or circumstance could have a Material Adverse Effect; or

 

(xxi) any
Event of Default (as defined in the Other Notes) occurs with respect to any Other Notes.

 

9.
Enforcement.

 

(i) On
and at any time after the occurrence of an Event of Default, unless such Event of Default was cured by the Debtor, or expressly waived
(in writing) by the Creditor, the Creditor shall be entitled to take all such steps available according to applicable law as it sees fit
to collect amount due by the Company from the Company and, in addition thereto, without prejudice to any and all of its other rights,
to realise the Collateral, whether by the application for the appointment of a Receiver (as defined below) or whether by any other method
permitted under applicable law. “Receiver” means a receiver, trustee, administrator, administrative receiver, custodian,
conservator, special manager or other similar official appointed on application of the Creditor, pursuant to the terms of this Agreement.

 

(ii) On
and at any time after the occurrence of an Event of Default, unless such Event of Default was cured by the Debtor, or expressly waived
(in writing) by the Creditor, the Creditor shall be entitled, subject to applicable law, in any proceedings concerning the bankruptcy,
liquidation, winding up or receivership (or similar proceedings) of the Company, to: (i) demand, claim, and prove any amounts due to the
Creditor or the holders of Notes and give acquittance thereunder; and (ii) file any claims and proofs, give receipts and take all such
proceedings and do all such things available according to applicable law as the Creditor sees fit to recover any amounts due to the Creditor
or the holders of Notes.

 

    7

     

    

 

(iii) On
and at any time after the occurrence of an Event of Default, unless such Event of Default was cured by the Debtor, or expressly waived
(in writing) by the Creditor, the Creditor shall have all powers that it may, in its full discretion, determine to be desirable or necessary
to preserve the Collateral and to take all such steps for such purpose.

 

(iv) A
Receiver shall have all powers conferred by applicable law, including, without limitation, the power, subject to applicable law:

 

		a.	to receive to its authority and control the Collateral and to take possession thereof;

 

		b.	to exercise any right charged or pledged hereunder in the same manner in which the Company was entitled
to exercise such right in accordance with the terms of Section 20 of the Pledges Law, 1967;

 

		c.	to do any other act or thing which the Receiver considers to be incidental or conducive to the exercise
of any other right exercisable by it; and

 

		d.	to make any other reasonable arrangement with respect to the Collateral or any part thereof as it may
see fit.

 

10.
Reserved.

 

11. Payment
of Expenses. Without derogating from the provisions contained herein, the Grantor shall pay, upon demand, all reasonable
costs, charges and expenses (including reasonable attorney’s fees), incurred by the
Creditor in enforcing its rights and remedies hereunder.

 

12.
Notices. 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 send in accordance with the notice provision set forth in Section 27(a) of the Note, as amended.

 

13.
Preservation of Rights. No delay or omission on each party’s part to exercise any right or power arising hereunder
will impair any such right or power or be considered a waiver of any such right or power, nor will such party’s action or inaction
impair any such right or power. The Creditor’s rights and remedies hereunder are cumulative and not exclusive of any other rights
or remedies which the they may have under other agreements, at law or in equity.

 

14.
Illegality. If any provision contained in this Agreement should be invalid, illegal or unenforceable in any respect, it
shall not affect or impair the validity, legality and enforceability of the remaining provisions of this Agreement.

 

15.
Changes in Writing. No modification or amendment of this Agreement will be effective unless made in a writing signed by
the parties hereto and no waiver of, or consent to any departure by the Grantor from, any provision of this Agreement will be effective
unless made in writing signed by the Creditor, and then such waiver or consent shall be effective only in the specific instance and for
the purpose for which given. No notice to or demand on the Grantor will entitle the Grantor to any other or further notice or demand in
the same, similar or other circumstance.

 

    8

     

    

 

16.
Entire Agreement. This Agreement (including the documents and instruments referred to herein) together with the SPA, the
Note and any of the Security Documents, constitute the entire agreement and supersedes all other prior agreements and understandings,
both written and oral, between the parties with respect to the subject matter hereof. In the event of any discrepancy between the provisions
hereof on the one hand and the provisions of the SPA or the Note on the other hand, the provisions of the SPA or the Note, as the case
may be, shall prevail.

 

17.
Counterparts. This Agreement may be signed in any number of counterpart copies and by the parties hereto on separate counterparts,
but all such copies shall constitute one and the same instrument. Delivery of an executed counterpart of signature page to this Agreement
by facsimile transmission shall be effective as delivery of a manually executed counterpart. Any party so executing this Agreement by
facsimile transmission shall promptly deliver a manually executed counterpart, provided that any failure to do so shall not affect the
validity of the counterpart executed by facsimile transmission.

 

18.
Successors and Assigns. This Agreement will be binding upon and inure to the benefit of the Grantor and the Creditor and
their respective heirs, executors, agents, successors and assigns; provided, however, that the Grantor may not assign this
Agreement in whole or in part without the Creditor’s prior written consent and the Creditor may not assign this Agreement in whole
or in part.

 

19.  Interpretation.
In this Agreement, unless the Creditor and the Grantor otherwise agree in writing, the singular includes the plural and the plural the
singular; words importing any gender include the other genders; references to statutes are to be construed as including all statutory
provisions consolidating, amending or replacing the statute referred to; the word “or” shall be deemed to include “and/or”,
the words “including”, “includes” and “include” shall be deemed to be followed by the words “without
limitation”; references to articles, sections (or subdivisions of sections) or exhibits are to those of this Agreement; and references
to agreements and other contractual instruments shall be deemed to include all subsequent amendments and other modifications to such instruments,
but only to the extent such amendments and other modifications are not prohibited by the terms of this Agreement. Section headings in
this Agreement are included for convenience of reference only and shall not constitute a part of this Agreement for any other purpose.
Unless otherwise specified in this Agreement, all accounting terms shall be interpreted and all accounting determinations shall be made
in accordance with US GAAP. 

 

20.
Indemnity. The Grantor agrees to indemnify the Creditor, each legal entity, if any, who controls the Creditor and each of
their respective directors, officers and employees or the Creditor (the “Indemnified Parties”) and to hold each Indemnified
Party harmless from and against any and all claims, damages, losses, liabilities and out of pocket expenses (including all reasonable
fees and charges of internal or external counsel with whom any Indemnified Party may consult and all expenses of litigation and preparation
therefore) which any Indemnified Party may incur or which may be asserted against any Indemnified Party by any person, entity or governmental
authority (including any person or entity claiming derivatively on behalf of the Grantor), in connection with or arising out of or relating
to any breach of a representation, warranty or covenant by the Grantor; provided, however, that the foregoing indemnity
agreement shall not apply to any claims, damages, losses, liabilities and expenses to the extent attributable to an Indemnified Party’s
gross negligence or willful misconduct and provided further that such Indemnified Party promptly notifies the Grantor of any event brought
to its knowledge, which gives rise to indemnification hereunder, and provides the Grantor the opportunity to take control of the defense
and settlement of any third party claim, with counsel reasonably satisfactory to such Indemnified Party, and provides the Grantor with
reasonable assistance with respect thereto, at the Grantor’s expense, and that no settlement will be binding upon the Grantor or the Creditor
unless approved by them in writing. The Indemnified Party shall be entitled
to appoint its own counsel to the extent that it reasonably believes that a conflict of interests exists, in which case such counsel shall
work together with the Grantor’s counsel and the reasonable expenses related to retaining such counsel shall be borne solely by the Grantor.
Notwithstanding anything to the contrary, in no event shall such indemnification obligation under this Section ‎21, exceed
an amount equal to the proceeds payable by the Grantor under the Note and in no event shall the
Grantor have any liability for consequential or indirect damages. Notwithstanding the foregoing, no Indemnified Party shall be
entitled to any indemnification and/or defense hereunder with respect to any
claims, damages, losses, liabilities and/or expenses, if such Indemnified Party has already been defended from or indemnified with
respect to (or otherwise recovered the damages which are the subject matter of)
such claims, damages, losses, liabilities and/or expenses pursuant to any other
indemnification and/or defense provisions of any other Transaction Document. 

 

    9

     

    

 

21.
Governing Law and Jurisdiction. This Agreement has been delivered to and accepted by the Creditor and will be deemed to
be made in the State of Israel. This Agreement will be interpreted and the rights and liabilities of the parties hereto determined in
accordance with the laws of the State of Israel, without giving effect to its conflicts of laws provisions. The Grantor hereby irrevocably
consents to the exclusive jurisdiction of the competent courts of the District of Tel-Aviv – Yafo, Israel, without limiting the
ability of the Creditor to seek any injunctive relief in any other jurisdiction.

 

22.
Termination of Security Interests. Upon the indefeasible payment in full of Obligations, the security interests granted
hereby shall terminate and all rights to the Collateral shall revert to the Grantor. Upon any such termination, the Creditor shall, at
the Grantor’s expense, promptly execute and deliver to Grantor such documents as Grantor shall reasonably request to evidence such termination.

 

[Remainder of Page Intentionally Left Blank]

 

    10

     

    

 

The Grantor acknowledges that it has read and
understood all the provisions of this Agreement, including the waiver of jury trial, and has been advised by counsel as necessary or appropriate.

 

IN WITNESS WHEREOF,  the due execution
hereof by the Grantor as a document under seal, as of the date first written above.

 

Grantor: 

 

	HOLISTO LTD.	 
	By:	 	 
	Name:	 	 
	Title:	 	 

 

ACKNOWLEDGED AND AGREED:

 

Creditor:

 

	3i LP	 
	By:	 	 
	Name:	 	 
	Title:Exhibit 10.4.8

 

Execution Version

 

GUARANTY

 

This GUARANTY, dated as of [     
], 2022 (this “Guaranty”), is made by each of the undersigned (each a “Guarantor”,
and collectively, the “Guarantors”), in favor of 3i,
LP, a Delaware limited partnership, in its capacity as collateral agent (in such capacity, the “Collateral Agent” as
hereinafter further defined) for the “Buyers” party to the Securities Purchase Agreement (each as defined below).

 

W
I T N E S S E T H:

 

WHEREAS, Holisto Ltd., a private
company organized under the laws of the State of Israel, with offices located at 2 Nim Ave., Rishon LeZion 7546302, Israel (the “Company”),
Moringa Acquisition Corp. a Cayman Islands exempted company and each party listed as a “Buyer”
on the Schedule of Buyers attached thereto (collectively, the “Buyers”)
are parties to the Securities Purchase Agreement, dated as of June 9, 2022 (as amended, restated, extended, replaced or otherwise modified
from time to time, the “Securities Purchase Agreement”),
pursuant to which the Company shall be required to sell, and the Buyers shall purchase or have the right to purchase, the “Notes”
issued pursuant thereto (as such Notes may be amended, restated, extended, replaced or otherwise modified from time to time in accordance
with the terms thereof, collectively, the “Notes”);

 

WHEREAS, the Securities Purchase
Agreement requires that the Guarantors execute and deliver to the Collateral Agent, (i) a guaranty guaranteeing all of the obligations
of the Company under the Securities Purchase Agreement, the Notes and the other Transaction Documents (as defined below); and (ii) a Security
Agreement, dated as of the date hereof, pursuant to which the Company and the Guarantors grant the Collateral Agent a lien on and security
interest in all of their assets and properties (the “Israeli Security
Agreement”) and a Security and Pledge Agreement dated the date of this Agreement pursuant to which the Company and the
Grantors grant the Collateral Agent a security interest in all their assets not covered by the Israeli Security Agreement (the “US
Security Agreement” and, together with the Israeli Security Agreement, the “Security Agreement”); and

 

WHEREAS, each Guarantor has
determined that the execution, delivery and performance of this Guaranty directly benefits, and is in the best interest of, such Guarantor.

 

NOW, THEREFORE, in consideration
of the premises and the agreements herein and in order to induce the Buyers to perform under the Securities Purchase Agreement, each Guarantor
hereby agrees with each Buyer as follows:

 

Section
1. Definitions. Reference is hereby made to the Securities Purchase Agreement and the Notes for a statement of the
terms thereof. All terms used in this Guaranty and the recitals hereto which are defined in the Securities Purchase Agreement or the
Notes, and which are not otherwise defined herein shall have the same meanings herein as set forth therein. In addition, the
following terms when used in the Guaranty shall have the meanings set forth below:

 

“Bankruptcy Code”
means Chapter 11 of Title 11 of the United States Code, 11 U.S.C §§ 101 et seq. (or other applicable bankruptcy, insolvency
or similar laws).

 

“Business
Day” means any day other than Saturday, Sunday or other day on which commercial banks in New York City are authorized or
required by law to remain closed; provided, however, for clarification, commercial banks shall not be deemed to be authorized or
required by law to remain closed due to “stay at home”, “shelter-in-place”, “non-essential
employee” or any other similar orders or restrictions or the closure of any physical branch locations at the direction of any
governmental authority so long as the electronic funds transfer systems (including for wire transfers) of commercial banks in The
City of New York generally are open for use by customers on such day.

 

     

     

    

 

“Buyer”
or “Buyers” shall have the meaning set forth in the recitals hereto.

 

“Capital Stock”
means (i) with respect to any Person that is a corporation, any and all shares, interests, participations or other equivalents (however
designated and whether or not voting) of corporate stock (including, without limitation, any warrants, options, rights or other securities
exercisable or convertible into equity interests or securities of such Person), and (ii) with respect to any Person that is not a corporation,
any and all partnership, membership or other equity interests of such Person.

 

“Collateral”
means all assets and properties of the Company and each Guarantor, wherever located and whether now or hereafter existing and whether
now owned or hereafter acquired, of every kind and description, tangible or intangible, including, without limitation, the collateral
described in Section 3(a) of the US Security Agreement and Section 2.1 of the Israeli Security Agreement.

 

“Collateral Agent”
shall have the meaning set forth in the recitals hereto.

 

“Company”
shall have the meaning set forth in the recitals hereto.

 

“Governmental Authority”
means any nation, state, county, city, town, village, district, or other political jurisdiction of any nature, federal, state, local,
municipal, foreign, or other government, governmental or quasi-governmental authority of any nature (including any governmental agency,
branch, department, official, or entity and any court or other tribunal), multi-national organization or body; or body exercising, or
entitled to exercise, any administrative, executive, judicial, legislative, police, regulatory, or taxing authority or power of any nature
or instrumentality of any of the foregoing, including any entity or enterprise owned or controlled by a government or a public international
organization or any of the foregoing.

 

“Guaranteed Obligations”
shall have the meaning set forth in Section 2 of this Guaranty.

 

“Guarantor”
or “Guarantors” shall have the meaning set forth in the recitals hereto.

 

“Indemnified Party”
shall have the meaning set forth in Section 13(a) of this Guaranty.

 

“Insolvency Proceeding”
means any proceeding commenced by or against any Person under any provision of the Bankruptcy Code or under any other bankruptcy or insolvency
law, assignments for the benefit of creditors, formal or informal moratoria, compositions, or extensions generally with creditors, or
proceedings seeking reorganization, arrangement, or other similar relief.

 

“Notes”
shall have the meaning set forth in the recitals hereto.

 

    2

     

    

 

“Obligations”
shall have the meaning set forth in Section 4 of the Security Agreement.

 

“Other Taxes”
shall have the meaning set forth in Section 12(a)(iv) of this Guaranty.

 

“Paid in Full”
or “Payment in Full” means the indefeasible payment in full in cash of all of the Guaranteed Obligations.

 

“Person”
means an individual, corporation, limited liability company, partnership, association, joint-stock company, trust, unincorporated organization,
joint venture or other enterprise or entity or Governmental Authority.

 

“Securities Purchase
Agreement” shall have the meaning set forth in the recitals hereto.

 

“Security Agreement”
shall have the meaning set forth in the recitals hereto.

 

“Subsidiary”
means any Person in which a Guarantor directly or indirectly, (i) owns any of the outstanding Capital Stock or holds any equity or
similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person,
and all of the foregoing, collectively, “Subsidiaries”.

 

“Taxes”
shall have the meaning set forth in Section 12(a) of this Guaranty.

 

“Transaction Party”
means the Company and each Guarantor, collectively, “Transaction Parties”.

 

Section
2. Guaranty.

 

(a)
The Guarantors, jointly and severally, hereby unconditionally and irrevocably, guaranty to the Collateral Agent, for the benefit
of the Collateral Agent and the Buyers, the punctual payment, as and when due and payable, by stated maturity or otherwise, of all Obligations,
including, without limitation, all interest, make-whole and other amounts that accrue after the commencement of any Insolvency Proceeding
of the Company or any Guarantor, whether or not the payment of such interest, make-whole and/or other amounts are enforceable or are allowable
in such Insolvency Proceeding, and all fees, interest, premiums, penalties, causes of actions, costs, commissions, expense reimbursements,
indemnifications and all other amounts due or to become due under any of the Transaction Documents (all of the foregoing collectively
being the “Guaranteed Obligations”), and agrees to
pay any and all costs and expenses (including counsel fees and expenses) incurred by the Collateral Agent in enforcing any rights under
this Guaranty or any other Transaction Document. Without limiting the generality of the foregoing, each Guarantor’s liability hereunder
shall extend to all amounts that constitute part of the Guaranteed Obligations and would be owed by the Company to the Collateral Agent
or any Buyer under the Securities Purchase Agreement and the Notes but for the fact that they are unenforceable or not allowable due to
the existence of an Insolvency Proceeding involving any Transaction Party.

 

(b)  Each
Guarantor, and by its acceptance of this Guaranty, the Collateral Agent and each Buyer, hereby confirms that it is the intention of
all such Persons that this Guaranty and the Guaranteed Obligations of each Guarantor hereunder not constitute a fraudulent transfer
or conveyance for purposes of the Bankruptcy Code, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any
similar foreign, federal, provincial, state, or other applicable law to the extent applicable to this Guaranty and the Guaranteed
Obligations of each Guarantor hereunder. To effectuate the foregoing intention, the Collateral Agent, the Buyers and the Guarantors
hereby irrevocably agree that the Guaranteed Obligations of each Guarantor under this Guaranty at any time shall be limited to the
maximum amount as will result in the Guaranteed Obligations of such Guarantor under this Guaranty not constituting a fraudulent
transfer or conveyance.

 

    3

     

    

 

Section
3. Guaranty Absolute; Continuing Guaranty; Assignments.

 

(a)
The Guarantors, jointly and severally, guaranty that the Guaranteed Obligations will be paid strictly in accordance with the terms
of the Transaction Documents, regardless of any law, regulation or order now or hereafter in effect in any jurisdiction affecting any
of such terms or the rights of the Collateral Agent or any Buyer with respect thereto. The obligations of each Guarantor under this Guaranty
are independent of the Guaranteed Obligations, and a separate action or actions may be brought and prosecuted against any Guarantor to
enforce such obligations, irrespective of whether any action is brought against any Transaction Party or whether any Transaction Party
is joined in any such action or actions. The liability of any Guarantor under this Guaranty shall be as a primary obligor (and not merely
as a surety) and shall be irrevocable, absolute and unconditional irrespective of, and each Guarantor hereby irrevocably waives, to the
extent permitted by law, any defenses it may now or hereafter have in any way relating to, any or all of the following:

 

(i) any lack of validity
or enforceability of any Transaction Document;

 

(ii) any change in the
time, manner or place of payment of, or in any other term of, all or any of the Guaranteed Obligations, or any other amendment or
waiver of or any consent to departure from any Transaction Document, including, without limitation, any increase in the Guaranteed
Obligations resulting from the extension of additional credit to any Transaction Party or extension of the maturity of any
Guaranteed Obligations or otherwise;

 

(iii) any taking,
exchange, release or non-perfection of any Collateral;

 

(iv) any taking, release
or amendment or waiver of or consent to departure from any other guaranty, for all or any of the Guaranteed Obligations;

 

(v) any change,
restructuring or termination of the corporate, limited liability company or partnership structure or existence of any Transaction
Party;

 

(vi) any manner of
application of Collateral or any other collateral, or proceeds thereof, to all or any of the Guaranteed Obligations, or any manner
of sale or other disposition of any Collateral or any other collateral for all or any of the Guaranteed Obligations or any other
Obligations of any Transaction Party under the Transaction Documents or any other assets of any Transaction Party or any of its
Subsidiaries;

 

(vii)    any
failure of the Collateral Agent or any Buyer to disclose to any Transaction Party any information relating to the business,
condition (financial or otherwise), operations, performance, properties or prospects of any other Transaction Party now or hereafter
known to the Collateral Agent or any Buyer (each Guarantor waiving any duty on the part of the Collateral Agent or any Buyer to
disclose such information);

 

    4

     

    

 

(viii)
taking any action in furtherance of the release of any Guarantor or any other Person that is liable for the Obligations from all
or any part of any liability arising under or in connection with any Transaction Document without the prior written consent of the Collateral
Agent; or

 

(ix)
any other circumstance (including, without limitation, any statute of limitations) or any existence of or reliance on any representation
by the Collateral Agent or any Buyer that might otherwise constitute a defense available to, or a discharge of, any Transaction Party
or any other guarantor or surety.

 

(b)
This Guaranty shall continue to be effective or be reinstated, as the case may be, if at any time any payment of any of the Guaranteed
Obligations is rescinded or must otherwise be returned by the Collateral Agent, any Buyer, or any other Person upon the insolvency, bankruptcy
or reorganization of any Transaction Party or otherwise, all as though such payment had not been made.

 

(c)
This Guaranty is a continuing guaranty and shall (i) remain in full force and effect until Payment in Full of the Guaranteed Obligations
(other than inchoate indemnity obligations) and shall not terminate for any reason prior to the respective Maturity Date of each Note
(other than Payment in Full of the Guaranteed Obligations) and (ii) be binding upon each Guarantor and its respective successors and assigns.
This Guaranty shall inure to the benefit of and be enforceable by the Collateral Agent, the Buyers, and their respective successors, and
permitted pledgees, transferees and assigns. Without limiting the generality of the foregoing sentence, the Collateral Agent or any Buyer
may pledge, assign or otherwise transfer all or any portion of its rights and obligations under and subject to the terms of any Transaction
Document to any other Person, and such other Person shall thereupon become vested with all the benefits in respect thereof granted to
the Collateral Agent or such Buyer (as applicable) herein or otherwise, in each case as provided in the Securities Purchase Agreement
or such Transaction Document.

 

Section
4. Waivers. To the extent permitted by applicable law, each Guarantor hereby waives promptness, diligence, protest,
notice of acceptance and any other notice or formality of any kind with respect to any of the Guaranteed Obligations and this
Guaranty and any requirement that the Collateral Agent exhaust any right or take any action against any Transaction Party or any
other Person or any Collateral. Each Guarantor acknowledges that it will receive direct and indirect benefits from the financing
arrangements contemplated herein and that the waiver set forth in this Section 4
is knowingly made in contemplation of such benefits. The Guarantors hereby waive any right to revoke this Guaranty, and acknowledge
that this Guaranty is continuing in nature and applies to all Guaranteed Obligations, whether existing now or in the future. Without
limiting the foregoing, to the extent permitted by applicable law, each Guarantor hereby unconditionally and irrevocably waives
(a) any defense arising by reason of any claim or defense based upon an election of remedies by the Collateral Agent or any
Buyer that in any manner impairs, reduces, releases or otherwise adversely affects the subrogation, reimbursement, exoneration,
contribution or indemnification rights of such Guarantor or other rights of such Guarantor to proceed against any of the other
Transaction Parties, any other guarantor or any other Person or any Collateral, and (b) any defense based on any right of
set-off or counterclaim against or in respect of the Guaranteed Obligations of such Guarantor hereunder. Each Guarantor hereby
unconditionally and irrevocably waives any duty on the part of the Collateral Agent or any Buyer to disclose to such Guarantor any
matter, fact or thing relating to the business, condition (financial or otherwise), operations, performance, properties or prospects
of any other Transaction Party or any of its Subsidiaries now or hereafter known by the Collateral Agent or a Buyer.

 

    5

     

    

 

Section
5. Subrogation. No Guarantor may exercise any rights that it may now or hereafter acquire against any Transaction
Party or any other guarantor that arise from the existence, payment, performance or enforcement of any Guarantor’s obligations
under this Guaranty, including, without limitation, any right of subrogation, reimbursement, exoneration, contribution or
indemnification and any right to participate in any claim or remedy of the Collateral Agent or any Buyer against any Transaction
Party or any other guarantor or any Collateral, whether or not such claim, remedy or right arises in equity or under contract,
statute or common law, including, without limitation, the right to take or receive from any Transaction Party or any other
guarantor, directly or indirectly, in cash or other property or by set-off or in any other manner, payment or security solely on
account of such claim, remedy or right, unless and until there has been Payment in Full of the Guaranteed Obligations. If any amount
shall be paid to a Guarantor in violation of the immediately preceding sentence at any time prior to Payment in Full of the
Guaranteed Obligations and all other amounts payable under this Guaranty, such amount shall be held in trust for the benefit of the
Collateral Agent and shall forthwith be paid to the Collateral Agent to be credited and applied to the Guaranteed Obligations and
all other amounts payable under this Guaranty, whether matured or unmatured, in accordance with the terms of the Transaction
Document, or to be held as Collateral for any Guaranteed Obligations or other amounts payable under this Guaranty thereafter
arising. If (a) any Guarantor shall make payment to the Collateral Agent of all or any part of the Guaranteed Obligations, and
(b) there has been Payment in Full of the Guaranteed Obligations, the Collateral Agent will, at such Guarantor’s request and
expense, execute and deliver to such Guarantor appropriate documents, without recourse and without representation or warranty,
necessary to evidence the transfer by subrogation to such Guarantor of an interest in the Guaranteed Obligations resulting from such
payment by such Guarantor.

 

Section
6. Representations, Warranties and Covenants.

 

(a)
Each Guarantor hereby represents and warrants as of the date first written above as follows:

 

(i) such Guarantor (A)
is a corporation, limited liability company or limited partnership duly organized, validly existing and in good standing under the
laws of the jurisdiction of its organization as set forth on the signature pages hereto, (B) has all requisite corporate, limited
liability company or limited partnership power and authority to conduct its business as now conducted and as presently contemplated
and to execute, deliver and perform its obligations under this Guaranty and each other Transaction Document to which such Guarantor
is a party, and to consummate the transactions contemplated hereby and thereby and (C) is duly qualified to do business and is in
good standing in each jurisdiction in which the character of the properties owned or leased by it or in which the transaction of its
business makes such qualification necessary except where the failure to be so qualified (individually or in the aggregate) would not
result in a Material Adverse Effect.

 

    6

     

    

 

(ii) The execution,
delivery and performance by such Guarantor of this Guaranty and each other Transaction Document to which such Guarantor is a party
(A) have been duly authorized by all necessary corporate, limited liability company or limited partnership action, (B) do not and
will not contravene its charter, articles, certificate of formation or by-laws, its limited liability company or operating agreement
or its certificate of partnership or partnership agreement, as applicable, or any applicable law or any contractual restriction
binding on such Guarantor or its properties do not and will not result in or require the creation of any lien, security interest or
encumbrance (other than pursuant to any Transaction Document) upon or with respect to any of its properties, and (C) do not and will
not result in any default, noncompliance, suspension, revocation, impairment, forfeiture or nonrenewal of any material permit,
license, authorization or approval applicable to it or its operations or any of its properties.

 

(iii) No authorization
or approval or other action by, and no notice to or filing with, any Governmental Authority or other Person is required in
connection with the due execution, delivery and performance by such Guarantor of this Guaranty or any of the other Transaction
Documents to which such Guarantor is a party (other than expressly provided for in any of the Transaction Documents).

 

(iv) This Guaranty has
been duly executed and delivered by each Guarantor and is, and each of the other Transaction Documents to which such Guarantor is or
will be a party, when executed and delivered, will be, a legal, valid and binding obligation of such Guarantor, enforceable against
such Guarantor in accordance with its terms, except as may be limited by the Bankruptcy Code or other applicable bankruptcy,
insolvency, reorganization, moratorium, fraudulent conveyance, suretyship or similar laws and equitable principles (regardless of
whether enforcement is sought in equity or at law).

 

(v)
There is no pending or, to the best knowledge of such Guarantor, threatened action, suit or proceeding against such Guarantor or
to which any of the properties of such Guarantor is subject, before any court or other Governmental Authority or any arbitrator that (A) if
adversely determined, could reasonably be expected to have a Material Adverse Effect or (B) relates to this Guaranty or any of the
other Transaction Documents to which such Guarantor is a party or any transaction contemplated hereby or thereby.

 

(vi)
Such Guarantor (A) has read and understands the terms and conditions of the Securities Purchase Agreement and the other Transaction
Documents, and (B) now has and will continue to have independent means of obtaining information concerning the affairs, financial
condition and business of the Company and the other Transaction Parties, and has no need of, or right to obtain from the Collateral Agent
or any Buyer, any credit or other information concerning the affairs, financial condition or business of the Company or the other Transaction
Parties.

 

(vii)
There are no conditions precedent to the effectiveness of this Guaranty that have not been satisfied or waived.

 

    7

     

    

 

(b)
 Each Guarantor covenants and agrees that until Payment in Full of the Guaranteed Obligations, it will comply with each of the
covenants (except to the extent applicable only to a public company) which are set forth in Section 4 of the Securities Purchase
Agreement as if such Guarantor were a party thereto.

 

Section
7. Right of Set-off. Upon the occurrence and during the continuance of any Event of Default, the Collateral Agent
and any Buyer may, and is hereby authorized to, at any time and from time to time, without notice to the Guarantors (any such notice
being expressly waived by each Guarantor) and to the fullest extent permitted by law, set-off and apply any and all deposits
(general or special, time or demand, provisional or final) at any time held and other indebtedness at any time owing by the
Collateral Agent or any Buyer to or for the credit or the account of any Guarantor against any and all obligations of the Guarantors
now or hereafter existing under this Guaranty or any other Transaction Document, irrespective of whether or not the Collateral Agent
or any Buyer shall have made any demand under this Guaranty or any other Transaction Document and although such obligations may be
contingent or unmatured. The Collateral Agent and each Buyer agrees to notify the relevant Guarantor promptly after any such set-off
and application made by the Collateral Agent or such Buyer, provided that the failure to give such notice shall not affect the
validity of such set-off and application. The rights of the Collateral Agent or any Buyer under this Section 7
are in addition to other rights and remedies (including, without limitation, other rights of set-off) which the Collateral Agent or
such Buyer may have under this Guaranty or any other Transaction Document in law or otherwise.

 

Section
8. Limitation on Guaranteed Obligations.

 

(a)
Notwithstanding any provision herein contained to the contrary, each Guarantor’s liability hereunder shall be limited to
an amount not to exceed as of any date of determination the greater of:

 

(i)
the amount of all Guaranteed Obligations, plus interest thereon at the applicable Interest Rate as specified in the Note; and

 

(ii) the amount
which could be claimed by the Collateral Agent from any Guarantor under this Guaranty without rendering such claim voidable or
avoidable under the Bankruptcy Code or under any applicable state Uniform Fraudulent Transfer Act, Uniform Fraudulent Conveyance Act
or similar statute or common law after taking into account, among other things, Guarantor’s right of contribution and
indemnification.

 

(b)
Each Guarantor agrees that the Guaranteed Obligations may at any time and from time to time exceed the amount of the liability
of such Guarantor hereunder without impairing the guaranty hereunder or affecting the rights and remedies of the Collateral Agent or any
Buyer hereunder or under applicable law.

 

(c) No payment made by the
Company, any Guarantor, any other guarantor or any other Person or received or collected by the Collateral Agent or any other Buyer
from the Company, any of the Guarantors, any other guarantor or any other Person by virtue of any action or proceeding or any
set-off or appropriation or application at any time or from time to time in reduction of or in payment of the Guaranteed Obligations
shall be deemed to modify, reduce, release or otherwise affect the liability of any Guarantor hereunder which shall, notwithstanding
any such payment (other than any payment made by such Guarantor in respect of the Guaranteed Obligations or any payment received or
collected from such Guarantor in respect of the Guaranteed Obligations), remain liable for the Guaranteed Obligations up to the
maximum liability of such Guarantor hereunder until after all of the Guaranteed Obligations and all other amounts payable under this
Guaranty shall have been Paid in Full.

 

    8

     

    

 

Section
9.  Notices, Etc.
Any notices, consents, waivers or other communications required or permitted to be given under the terms of this Agreement must be in
writing and will be deemed to have been delivered: (i) upon receipt, when delivered personally; (ii) upon receipt, when sent by electronic
mail (provided that such sent email is kept on file (whether electronically or otherwise) by the sending party and the sending party does
not receive an automatically generated message from the recipient’s email server that such e-mail could not be delivered to such
recipient); or (iii) one (1) Business Day after deposit with an overnight courier service with next day delivery specified, in each case,
properly addressed to the party to receive the same. All notices and other communications provided for hereunder shall be sent, if to
any Guarantor, to the Company’s address and/or email, or if to the Collateral Agent or any Buyer, to it at its respective address
and/or email, each as set forth in Section 9(f) of the Securities Purchase Agreement or the Schedule of Buyers attached to the Securities
Purchase Agreement.

 

Section
10. Governing Law; Jurisdiction. All questions concerning the construction, validity, enforcement and interpretation
of this Guaranty shall be governed by the internal laws of the State of New York, without giving effect to any choice of law or
conflict of law provision or rule (whether of the State of New York or any other jurisdictions) that would cause the application of
the laws of any jurisdiction other than the State of New York. Each Guarantor hereby irrevocably submits to the exclusive
jurisdiction of the state and federal courts sitting in The City of New York, Borough of Manhattan, for the adjudication of any
dispute hereunder or in connection herewith or under any of the other Transaction Documents or with any transaction contemplated
hereby or thereby, and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim, obligation
or defense that it is not personally subject to the jurisdiction of any such court, that such suit, action or proceeding is brought
in an inconvenient forum or that the venue of such suit, action or proceeding is improper. Each party hereby irrevocably waives
personal service of process and consents to process being served in any such suit, action or proceeding by mailing a copy thereof to
such party at the address for such notices to it under Section 9(f) of the Securities Purchase Agreement or, with respect to the
Guarantors to the agent for service for the Company set forth in such Section 9(f) and agrees that such service shall constitute
good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to
serve process in any manner permitted by law. Nothing contained herein shall be deemed or operate to preclude the Collateral Agent
or the Buyers from bringing suit or taking other legal action against any Guarantor in any other jurisdiction to collect on a
Guarantor’s obligations or to enforce a judgment or other court ruling in favor of the Collateral Agent or a Buyer.

 

Section
11. WAIVER OF JURY TRIAL, ETC. TO THE MAXIMUM EXTENT PERMITTED BY LAW, EACH GUARANTOR HEREBY IRREVOCABLY WAIVES ANY
RIGHT IT MAY HAVE TO, AND AGREES NOT TO REQUEST, A JURY TRIAL FOR THE ADJUDICATION OF ANY DISPUTE HEREUNDER OR UNDER ANY OTHER
TRANSACTION DOCUMENT OR IN CONNECTION WITH OR ARISING OUT OF THIS GUARANTY, ANY OTHER TRANSACTION DOCUMENT OR ANY TRANSACTION
CONTEMPLATED HEREBY OR THEREBY.

 

    9

     

    

 

Section
12. Taxes.

 

(a)
All payments made by any Guarantor hereunder or under any other Transaction Document shall be made in accordance with the terms
of the respective Transaction Document and shall be made without set-off, counterclaim, withholding, deduction or other defense. Without
limiting the foregoing, all such payments shall be made free and clear of and without deduction or withholding for any present or future
taxes, levies, imposts, deductions, charges or withholdings, and all liabilities with respect thereto, excluding
taxes imposed on the net income of the Collateral Agent or any Buyer by the jurisdiction in which the Collateral Agent or such Buyer is
organized or where it has its principal lending office (all such nonexcluded taxes, levies, imposts, deductions, charges, withholdings
and liabilities, collectively or individually, “Taxes”).
If any Guarantor shall be required to deduct or to withhold any Taxes from or in respect of any amount payable hereunder or under any
other Transaction Document:

 

(i) the amount so
payable shall be increased to the extent necessary so that after making all required deductions and withholdings (including Taxes on
amounts payable to the Collateral Agent or any Buyer pursuant to this sentence) the Collateral Agent or each Buyer receives an
amount equal to the sum it would have received had no such deduction or withholding been made,

 

(ii) such Guarantor
shall make such deduction or withholding,

 

(iii) such Guarantor
shall pay the full amount deducted or withheld to the relevant Governmental Authority in accordance with applicable law, and

 

(iv)
as promptly as possible thereafter, such Guarantor shall send the Collateral Agent or each Buyer an official receipt (or, if an
official receipt is not available, such other documentation as shall be satisfactory to the Collateral Agent, as the case may be) showing
payment.  In addition, each Guarantor agrees to pay any present or future stamp or documentary taxes or any other excise or property
taxes, charges or similar levies that arise from any payment made hereunder or from the execution, delivery, registration or enforcement
of, or otherwise with respect to, this Guaranty or any other Transaction Document (collectively, “Other
Taxes”).

 

(b)
Each Guarantor hereby indemnifies and agrees to hold each Indemnified Party harmless from and against Taxes or Other Taxes (including,
without limitation, any Taxes or Other Taxes imposed by any jurisdiction on amounts payable under this Section 12)
paid by any Indemnified Party as a result of any payment made hereunder or from the execution, delivery, registration or enforcement
of, or otherwise with respect to, this Guaranty or any other Transaction Document, and any liability (including penalties, interest and
expenses for nonpayment, late payment or otherwise) arising therefrom or with respect thereto, whether or not such Taxes or Other Taxes
were correctly or legally asserted.  This indemnification shall be paid within thirty (30) days from the date on which the Collateral
Agent or such Buyer makes written demand therefor, which demand shall identify the nature and amount of such Taxes or Other Taxes.

 

(c)
 If any Guarantor fails to perform any of its obligations under this Section 12,
such Guarantor shall indemnify the Collateral Agent and each Buyer for any taxes, interest or penalties that may become payable as a result
of any such failure. The obligations of the Guarantors under this Section 12
shall survive the termination of this Guaranty and the payment of the Obligations and all other amounts payable hereunder.

 

    10

     

    

 

Section
13. Indemnification.

 

(a)
Without limitation of any other obligations of any Guarantor or remedies of the Collateral Agent or the Buyers under this Guaranty
or applicable law, except to the extent resulting from such Indemnified Party’s gross negligence or willful misconduct, as determined
by a final judgment of a court of competent jurisdiction no longer subject to appeal, each Guarantor shall, to the fullest extent permitted
by law, indemnify, defend and save and hold harmless the Collateral Agent and each Buyer and each of their affiliates and their respective
officers, directors, employees, agents and advisors (each, an “Indemnified Party”) from and against, and shall pay
on demand, any and all claims, damages, losses, liabilities and expenses (including, without limitation, reasonable fees and expenses
of counsel) that may be incurred by or asserted or awarded against any Indemnified Party in connection with or as a result of any failure
of any Guaranteed Obligations to be the legal, valid and binding obligations of any Transaction Party enforceable against such Transaction
Party in accordance with their terms.

 

(b)
Each Guarantor hereby also agrees that none of the Indemnified Parties shall have any liability (whether direct or indirect, in
contract, tort or otherwise) or any fiduciary duty or obligation to any of the Guarantors or any of their respective affiliates or any
of their respective officers, directors, employees, agents and advisors, and each Guarantor hereby agrees not to assert any claim against
any Indemnified Party on any theory of liability, for special, indirect, consequential, incidental or punitive damages arising out of
or otherwise relating to the facilities, the actual or proposed use of the proceeds of the advances, the Transaction Documents or any
of the transactions contemplated by the Transaction Documents.

 

Section
14. Miscellaneous.

 

(a)
Each Guarantor will make each payment hereunder in lawful money of the United States of America and in immediately available funds
to the Collateral Agent or each Buyer, at such address specified by the Collateral Agent or such Buyer from time to time by notice to
the Guarantors.

 

(b)
No amendment or waiver of any provision of this Guaranty and no consent to any departure by any Guarantor therefrom shall in any
event be effective unless the same shall be in writing and signed by each Guarantor, the Collateral Agent and each Buyer, and then such
waiver or consent shall be effective only in the specific instance and for the specific purpose for which given.

 

(c) No failure on the part
of the Collateral Agent or any Buyer to exercise, and no delay in exercising, any right or remedy hereunder or under any other
Transaction Document shall operate as a waiver thereof, nor shall any single or partial exercise of any right hereunder or under any
Transaction Document preclude any other or further exercise thereof or the exercise of any other right or remedy. The rights and
remedies of the Collateral Agent and the Buyers provided herein and in the other Transaction Documents are cumulative and are in
addition to, and not exclusive of, any rights or remedies provided by law. The rights and remedies of the Collateral Agent and the
Buyers under any Transaction Document against any party thereto are not conditional or contingent on any attempt by the Collateral
Agent or any Buyer to exercise any of their respective rights or remedies under any other Transaction Document against such party or
against any other Person.

 

    11

     

    

 

(d)
Any provision of this Guaranty that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability without invalidating the remaining portions hereof or affecting the validity or
enforceability of such provision in any other jurisdiction.

 

(e)
This Guaranty is a continuing guaranty and shall (i) remain in full force and effect until Payment in Full of the Guaranteed Obligations
(other than inchoate indemnity obligations) and shall not terminate for any reason prior to the respective Maturity Date of each Note
(other than Payment in Full of the Guaranteed Obligations) and (ii) be binding upon each Guarantor and its respective successors and assigns.
This Guaranty shall inure, together with all rights and remedies of the Collateral Agent hereunder, to the benefit of and be enforceable
by the Collateral Agent, the Buyers, and their respective successors, and permitted pledgees, transferees and assigns. Without limiting
the generality of the foregoing sentence, the Collateral Agent or any Buyer may pledge, assign or otherwise transfer all or any portion
of its rights and obligations under and subject to the terms of the Securities Purchase Agreement or any other Transaction Document to
any other Person in accordance with the terms thereof, and such other Person shall thereupon become vested with all the benefits in respect
thereof granted to the Collateral Agent or such Buyer (as applicable) herein or otherwise, in each case as provided in the Securities
Purchase Agreement or such Transaction Document. None of the rights or obligations of any Guarantor hereunder may be assigned or otherwise
transferred without the prior written consent of each Buyer.

 

(f) This Guaranty and the
other Transaction Documents reflect the entire understanding of the transaction contemplated hereby and shall not be contradicted or
qualified by any other agreement, oral or written, entered into before the date hereof.

 

(g)
Section headings herein are included for convenience of reference only and shall not constitute a part of this Guaranty for any
other purpose.

 

Section
15. Currency Indemnity.

 

If, for the purpose of
obtaining or enforcing judgment against Guarantor in any court in any jurisdiction, it becomes necessary to convert into any other
currency (such other currency being hereinafter in this Section 15 referred to as the “Judgment Currency”)
an amount due under this Guaranty in any currency (the “Obligation Currency”) other than the Judgment Currency,
the conversion shall be made at the rate of exchange prevailing on the Business Day immediately preceding (a) the date of actual
payment of the amount due, in the case of any proceeding in the courts of courts of the jurisdiction that will give effect to such
conversion being made on such date, or (b) the date on which the judgment is given, in the case of any proceeding in the courts of
any other jurisdiction (the applicable date as of which such conversion is made pursuant to this Section 15 being hereinafter
in this Section 15 referred to as the “Judgment Conversion Date”).

 

If, in the case of any proceeding
in the court of any jurisdiction referred to in the preceding paragraph, there is a change in the rate of exchange prevailing between
the Judgment Conversion Date and the date of actual receipt of the amount due in immediately available funds, the Guarantors shall pay
such additional amount (if any, but in any event not a lesser amount) as may be necessary to ensure that the amount actually received
in the Judgment Currency, when converted at the rate of exchange prevailing on the date of payment, will produce the amount of the Obligation
Currency which could have been purchased with the amount of the Judgment Currency stipulated in the judgment or judicial order at the
rate of exchange prevailing on the Judgment Conversion Date. Any amount due from the Guarantors under this Section 15 shall be
due as a separate debt and shall not be affected by judgment being obtained for any other amounts due under or in respect of this Guaranty.

 

[REMAINDER OF
THIS PAGE INTENTIONALLY LEFT BLANK]

 

    12

     

    

 

IN WITNESS WHEREOF, each Guarantor
has caused this Guaranty to be executed by its respective duly authorized officer, as of the date first above written.

 

	 	GUARANTORS:
	 	 
	 	Splitty Travel UK Ltd. 
	 	 
	 	By:	 
	 	 	Name:	 
	 	 	Title:	 
	 	 	 	 
	 	Splitty Travel Inc.
	 	 	 	 
	 	By:	 
	 	 	Name:	 
	 	 	Title:	 
	 	 	 	 
	 	Moringa Acquisition Corp.
	 	 	 	 
	 	By:	 
	 	 	Name:	                       
	 	 	Title:	 

 

[Signatures continue on following page]

 

     

     

    

 

	ACCEPTED BY:	 
	 	 
	3i, LP,	 
	as Collateral Agent	 

 

	By:	 	 
	 	Name:	 
	 	Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00345-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00345-of-00352.parquet"}]]