Document:

20-F

Exhibit 4.20  

ENGLISH SUMMARY OF THE
ASSET PURCHASE AGREEMENT (ORIGINAL LANGUAGE – HEBREW)  

BY AND AMONG 

SHAGRIR TOWING
SERVICES LTD., 

SHAGRIR (1985) LTD. 

AND 

POINTER (EDEN TELECOM
GROUP) LTD. 

Dated January 3, 2005 

(the
“Agreement”) 

	Description: 

                                                    

                                                    

                                                    

                                                    

Activities and Assets Purchased by Pointer: 

                                                    

                                                    

                                                    

                                                    

                                                    

Consideration: 

NIS 40 Million Loan 

                                                    

                                                    

                                                    

                                                    

Security on the NIS 40 Million Loan 

                                                    

                                                    

                                                    

                                                    

Warrant to Purchase 25,000,000 Ordinary Shares of

Nexus Telocation Systems Ltd. ("Nexus") 

                                                    

                                                     
	Asset   Purchase   Agreement   pursuant  to  which

Pointer  (Eden  Telecom  Group)  Ltd.  ("Pointer")

shall  purchase  certain  activities and assets of

Shagrir Towing  Services Ltd. and its  subsidiary,

Shagrir (1985) Ltd. (together, "Shagrir").

(i)    The  goodwill  of Shagrir in the field of

     mobile   automobile   repair,   towing  and

     replacement  vehicle  services,   including

     intellectual property; and

(ii)   Certain   fixed  and   quick   assets  of

     Shagrir, including NIS 10 million in cash.

Approximately NIS 200 million.

At the closing,  Shagrir  shall make  available to

Pointer  a  NIS  40  million  loan,  repayable  in

twenty quarterly installments  commencing February

28,  2006 and with  interest  payable at a rate of

6.5% per annum.

As security on the 40 Million loan,  Pointer shall

grant  Shagrir a second  ranking fixed charge over

Pointer's  rights to  proceeds  from  transactions

with Clal  Insurance  Company  Ltd. and The Israel

Phoenix Insurance Company Ltd.

At the  closing,  Nexus shall grant  Shagrir a two

year  warrant  to  purchase  up to  25,000,000  of

ordinary  shares of Nexus,  nominal value NIS 0.03

each, at an exercise price per share of $0.18.20-F

Exhibit 4.21  

ENGLISH SUMMARY OF THE
LEASE AGREEMENT 
(ORIGINAL LANGUAGE – HEBREW)  

BY AND BETWEEN 

SHAGRIR (1985) LTD. 

AND 

POINTER (EDEN TELECOM
GROUP) LTD. 

Dated January 3, 2005 

	Term: 

Premises: 

                         

Landlord: 

Tenant: 

Lease Payments (Monthly):

Term Extensions: 

                         

                         

                         

Termination Provisions: 

                         

                         

                         

                         

Security: 
	February 28, 2005 - Febuary 28, 2007 ("Term").

8 Hanefach Street, Holon, Israel,

at Block 6781, Plot 15 (the "Property")

Shagrir (1985) Ltd.

Pointer (Eden Telecom Group) Ltd.

An amount in NIS equal to $10,430.

The Tenant shall have the right to extend the

rental period for an additional twenty-four month

period ("Extended Term"), upon three months

written notice prior to the end of the Term.

The Tenant cannot bring the lease to an end prior

to the conclusion of the Term or the Extended

Term, as the case may be. The Tenant may,

however, sub-let the property, subject to certain

conditions.

Tenant shall  obtain a bank  guarantee in favor of

the  Landlord  in the  NIS  equivalent  amount  of

$30,000.20-F

Exhibit 4.22  

ENGLISH SUMMARY OF THE
ASSET PURCHASE AGREEMENT
(ORIGINAL LANGUAGE – HEBREW)  

BY AND BETWEEN 

SHAGRIR (1985) LTD. 

AND 

POINTER (EDEN TELECOM
GROUP) LTD. 

Dated January 3, 2005 

	Description: 

                          

                          

                          

Property: 

                          

                          

Consideration: 

Effective Date: 

                          

                          

                          

                          

                          

Condition of the Property: 
	Agreement  pursuant to which Pointer (Eden Telecom

Group)  Ltd.   ("Pointer")   shall   purchase  the

Property (as defined  below) from  Shagrir  (1985)

Ltd.

Property (including buildings and fixtures), at

Block 11663, Plot 88, Haifa, Israel (the

"Property").

NIS 1,694,000.

This agreement shall come into effect upon the

consummation of the transaction pursuant to which

Pointer shall purchase certain activities and

assets of Shagrir Towing Services Ltd. and its

subsidiary, Shagrir (1985) Ltd., that is,

February 28, 2005.

The Property shall be purchased by Pointer

"as-is".20-F

Exhibit 4.23  

ENGLISH SUMMARY OF THE
ASSIGNMENT AGREEMENTS
(ORIGINAL LANGUAGE – HEBREW)  

BY AND AMONG 

SHAGRIR TOWING
SERVICES LTD., 

SHAGRIR (1985) LTD. 

POINTER (EDEN TELECOM
GROUP) LTD. 

AND 

CERTAIN ISRAELI
INSURANCE COMPANIES 

Dated
January/February 2005 

	Description: 

                    

                    

                    

                    

                    

Assigned Agreements: 
	Assignment Agreements pursuant to which Shagrir

Towing Services Ltd., and its subsidiary, Shagrir

(1985) Ltd., (together, "Shagrir") shall assign

to Pointer and Pointer shall assume all of

Shagrir's rights and obligations under the

Assigned Agreements (as defined below).

(i)   Agreement by and between  Shagrir and The

      Israel  Phoenix   Insurance   Company  Ltd.,

      dated October 6, 1997, as amended.

(ii)  Agreement  by  and  between  Shagrir  and

      Clal Insurance  Company Ltd., dated December

      10, 1989, as amended;

(iii) Agreement  by  and  between  Shagrir  and

      Harel  Insurance  Company  Ltd.,  dated July

      19, 1988, as amended;

(iv)  Agreement  by  and  between  Shagrir  and

      Eliahu   Insurance   Company   Ltd.,   dated

      October 27, 1992, as amended;

(v)   Agreement  by  and  between  Shagrir  and

      Hachsharat  Hayeshuv Insurance Company Ltd.,

      dated March 12, 1989, as amended; and

(vi)  Agreement  by  and  between  Shagrir  and

      Menorah   Insurance   Company  Ltd.,   dated

      December 15, 2003, as amended

      (together, the "Assigned Agreements").

Comments: 

	 	— 	In
addition,  on February 28, 2005,  Pointer and Shagrir  entered  into a  "back-to-back"
 agreement  pursuant to          which Shagrir  undertook to assign and Pointer
 undertook to assume all of Shagrir's rights and obligations under          Shagrir's
agreements with I.D.I Insurance Company Ltd., A.A.G. and Vehicle Management.20-F

Exhibit 4.24  

ENGLISH SUMMARY OF THE
MANAGEMENT AGREEMENT
(ORIGINAL LANGUAGE – HEBREW)  

BY AND BETWEEN 

POINTER (EDEN TELECOM
GROUP) LTD. 

AND 

DEKALOG FOCUSED
MANAGEMENT LTD. 

Dated February 28,
2005 

(the
“Agreement”) 

	Description: 

                       

                       

                       

Effective Date: 

                       

                       

                       

                       

Term: 

Consideration: 

                       

                       

                       

                       

Termination Provisions: 
	Management  Agreement  pursuant  to which  Dekalog

Focused   Management   Ltd.  shall  provide  Chief

Executive   Officer   services  to  Pointer  (Eden

Telecom Group) Ltd. ("Pointer")

Upon the consummation of the transaction pursuant

to which Pointer shall purchase certain

activities and assets of Shagrir Towing Services

Ltd. and its subsidiary, Shagrir (1985) Ltd.,

that is, February 28, 2005.

Unspecified.

(i)   NIS 115,000 (plus VAT) per month.

(ii)  Annual bonus equal to the higher of: (a)

      NIS 800,000; or (b) 2.5% of the

      consolidated profits of Pointer, before

      tax, plus VAT.

Both parties shall have the right to terminate

the Agreement by giving 180 days advanced notice.20-F

Exhibit 4.25 

ENGLISH SUMMARY OF THE
EMPLOYMENT AGREEMENT
(ORIGINAL LANGUAGE – HEBREW)  

BY AND BETWEEN 

NEXUS TELOCATION
SYSTEMS LTD. 

AND 

MR. OFFER LIOR 

Dated February 28, 2005 

(the “Agreement”) 

	Description: 

Employer: 

Employee: 

Effective Date: 

Gross Salary (monthly): 

Options to Purchase Ordinary Shares of Pointer

(Eden Telecom Group) Ltd. ("Pointer"): 

                                                    

                                                    

                                                    

                                                    

                                                    

                                                    

                                                    

                                                    

                                                    

                                                    

                                                    

Termination Provisions: 

                                                     
	Employment Agreement with Mr. Ofer Lior.

Nexus Telocation Systems Ltd.

Mr. Offer Lior.

March 1, 2005.

NIS 5,000.

Mr. Lior shall be granted an option to purchase

1,753 ordinary shares of Pointer, nominal value

of NIS 1.00 each (representing, at the date of

issuance, 3.5% of the issued and outstanding

share capital of Pointer), at an exercise price

of $280,000 (as adjusted in accordance with the

terms of the Agreement) (the "Option"). The

Option shall be exercisable in full after 48

months of continuous service, with 50% of the

Option vesting after the first 24-month period of

continuous services and 25% of the Option vesting

after each 12-month period of continuous service

thereafter.

Both parties shall have the right to terminate

the Agreement by giving 180 days advanced notice.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00087-of-00352.parquet"}]]