Document:

Exhibit 10.7

 

March 2, 2021

 

		Re:	Forward Purchase
Contract

 

Ladies and Gentlemen:

 

We are pleased to accept the offer the undersigned subscribers
(each individually, the “Subscriber” or “you”) has made Isos Acquisition Corporation, a Cayman
Islands exempted company (the “Company”) to purchase the Company’s units (the “Units,”
comprising one share of Class A common stock of the Company, par value $0.0001 per share (“Class A Common Stock”
or “Share”), and one-third of one warrant (“Warrant”) in an aggregate amount equal to Twenty
Five Percent (25%) of the units (the “Maximum Units”) sold in the Company’s initial public offering, allocated
to the Subscribers on a ratable basis based upon the percentages set forth on Schedule 1 attached hereto . Each whole Warrant is
exercisable to purchase one Share at an exercise price of $11.50 per Share during the period commencing on the later of (i) twelve
(12) months from the date of the closing of the Company’s initial public offering of Units (the “IPO”)
and (ii) thirty (30) days following the consummation of the Company’s Business Combination (as defined below) and expiring
on the five year anniversary of the consummation of the Business Combination. The Units and the securities underlying the Units
are hereinafter collectively referred to as the “Securities.” In no event will Subscribers be obligated to purchase
more than 7,500,000 Units in the aggregate. The parties acknowledge that, at the closing of the Company’s Business Combination,
the Company may deliver to Subscriber the number of shares of Class A Common Stock and Warrants that would have been included in
the Units to be purchased by Subscriber pursuant hereto, in lieu of delivering such Units. The terms on which the Company is willing
to sell the Securities to the Subscriber, and the Company and the Subscriber’s agreements regarding such Securities, are
set forth in this agreement (this “Agreement”) and are as follows:

 

1.
Purchase of the Securities.

 

		1.1.	Subject to the terms and conditions of this Agreement, the Company agrees to sell the Securities to the Subscriber, and the
Subscriber hereby agrees to purchase the Securities from the Company, in a private placement at an aggregate purchase price of
$10.00 per Unit multiplied by the number of Units being purchased hereunder (“Aggregate Purchase Price”). The
Maximum Units Subscriber is obligated to purchase pursuant to this Agreement shall be reduced to the extent of any Units purchased
by Subscriber in the IPO. Notwithstanding anything to the contrary herein, the relative amount of Units to be purchased by Subscriber
pursuant to this Agreement or in the IPO, in a combined amount not to exceed the Maximum Units, may be adjusted at the sole discretion
of the Company at any time prior to the consummation of the IPO.

 

		1.2.	Solely to the extent the number of Units to be purchased pursuant to this Agreement following the IPO, together with the other
shares of common stock of the Company held directly or indirectly by the Subscriber, will result in the Subscriber beneficially
owning over 9.9% of common stock of the Company (or such other entity as may be the continuing public company following the Business
Combination), as determined pursuant to Rule 13d--3 under the Securities Exchange Act of 1934, as amended, Subscriber shall have
the right to limit its incremental purchase obligation pursuant hereto to such number of Units as would not result in its beneficial
ownership exceeding 9.9%, as determined above. The Warrants included in the Units to be purchased pursuant hereto shall, so long
as such Warrants are held by the Subscriber, be identical to the private placement warrants]to be purchased by Isos Acquisition
Sponsor LLC (the “Sponsor”) in a private placement concurrent with the IPO (that is, the Warrants will not be
redeemable and will be exercisable on a cashless basis).

 

2.
Representations, Warranties and Agreements.

  

		2.1	Subscriber’s Representations, Warranties
and Agreements. To induce the Company to issue the Securities to the Subscriber, the Subscriber hereby represents and warrants
to the Company and agrees with the Company as follows:

 

     

     

    

 

		2.1.1	No Government Recommendation or Approval. The
Subscriber understands that no federal or state agency has passed upon or made any recommendation or endorsement of the offering
of the Securities.

  

		2.1.2	No Conflicts. The execution, delivery and performance
of this Agreement and the consummation by the Subscriber of the transactions contemplated hereby do not violate, conflict with
or constitute a default under (i) the formation and governing documents of the Subscriber, (ii) any agreement, indenture or instrument
to which the Subscriber is a party, (iii) any law, statute, rule or regulation to which the Subscriber is subject, or (iv) any
agreement, order, judgment or decree to which the Subscriber is subject.

 

		2.1.3	Organization and Authority. Subscriber possesses
all requisite power and authority necessary to carry out the transactions contemplated by this Agreement. Upon execution and delivery
by Subscriber, this Agreement is a legal, valid and binding agreement of Subscriber, enforceable against Subscriber in accordance
with its terms, except as such enforceability may be limited by applicable bankruptcy, insolvency, fraudulent conveyance or similar
laws affecting the enforcement of creditors’ rights generally and subject to general principles of equity (regardless of
whether enforcement is sought in a proceeding at law or in equity).

 

		2.1.4	Experience, Financial Capability and Suitability.
Subscriber is: (i) sophisticated in financial matters and is able to evaluate the risks and benefits of the investment in the
Securities and protect its own interests and (ii) able to bear the economic risk of its investment in the Securities for an indefinite
period of time because the Securities have not been registered under the Securities Act of 1933, as amended (“Securities
Act”) and therefore cannot be sold by Subscriber unless subsequently registered under the Securities Act or an exemption
from such registration is available. Subscriber is able to afford a complete loss of Subscriber’s investment in the Securities.

 

		2.1.5	Access to Information; Independent Investigation.
Prior to the execution of this Agreement, Subscriber has had the opportunity to ask questions of and receive answers from representatives
of the Company concerning an investment in the Company, as well as the finances, operations, business and prospects of the Company,
and the opportunity to obtain additional information to verify the accuracy of all information so obtained. In determining whether
to make this investment, Subscriber has relied solely on Subscriber’s own knowledge and understanding of the Company and
its business based upon Subscriber’s own due diligence investigation and the information furnished pursuant to this paragraph.
Subscriber understands that no person has been authorized to give any information or to make any representations which were not
furnished pursuant to this Agreement and Subscriber has not relied on any other representations or information in making its investment
decision, whether written or oral, relating to the Company, its operations and/or its prospects.

 

		2.1.6	Regulation D Offering. Subscriber represents
that it is an “accredited investor” as such term is defined in Rule 501(a) of Regulation D under the Securities Act
and acknowledges the sale contemplated hereby is being made in reliance on a private placement exemption to “accredited
investors” within the meaning of Section 501(a) of Regulation D under the Securities Act or similar exemptions under federal
or state law.

 

		2.1.7	Investment Purposes. The Subscriber is purchasing
the Securities solely for investment purposes and not with a view towards the further distribution or dissemination thereof. The
Subscriber did not decide to enter into this Agreement as a result of any general solicitation or general advertising within the
meaning of Rule 502 under the Securities Act.

  

		2.1.8	Restrictions on Transfer; Shell Company. Subscriber
understands the Securities are being offered in a transaction not involving a public offering within the meaning of the Securities
Act. Subscriber understands the Securities will be “restricted securities” within the meaning of Rule 144(a)(3) under
the Securities Act and Subscriber understands that any certificates representing the Securities will contain a legend in respect
of such restrictions. If in the future the Subscriber decides to offer, resell, pledge or otherwise transfer the Securities, such
securities may be offered, resold, pledged or otherwise transferred only pursuant to: (i) registration under the Securities Act,
or (ii) an available exemption from registration. Subscriber agrees that if any transfer of its Securities or any interest therein
is proposed to be made, as a condition precedent to any such transfer, Subscriber may be required to deliver to the Company an
opinion of counsel satisfactory to the Company. Absent registration or an exemption, the Subscriber agrees not to resell the Securities.
Subscriber further acknowledges that because the Company is a shell company, Rule 144 may not be available to the Subscriber for
the resale of the Securities until one (1) year following consummation of the Business Combination, despite technical compliance
with the requirements of Rule 144 and the release or waiver of any contractual transfer restrictions.

 

		2.1.9	No Governmental Consents. No governmental,
administrative or other third party consents or approvals are required, necessary or appropriate on the part of Subscriber in
connection with the transactions contemplated by this Agreement.

 

    2

     

    

 

2.2 Company’s Representations, Warranties and
Agreements. To induce the Subscriber to purchase the Securities, the Company hereby represents and warrants to the Subscriber
and agrees with the Subscriber as follows:

 

		2.2.1	Organization and Corporate Power. The Company
is a Cayman Islands exempted company. The Company possesses all requisite corporate power and authority necessary to carry out
the transactions contemplated by this Agreement. Upon execution and delivery by the Company of this Agreement, the Agreement will
constitute a legal, valid and binding agreement of the Company, enforceable against the Company in accordance with its terms,
except as such enforceability may be limited by applicable bankruptcy, insolvency, fraudulent conveyance or similar laws affecting
the enforcement of creditors’ rights generally and subject to general principles of equity (regardless of whether enforcement
is sought in a proceeding at law or in equity).

 

		2.2.2	No Conflicts. The execution, delivery and performance
of this Agreement and the consummation by the Company of the transactions contemplated hereby do not violate, conflict with or
constitute a default under (i) the Certificate of Incorporation or Bylaws of the Company, (ii) any agreement, indenture or instrument
to which the Company is a party or (iii) any law, statute, rule or regulation to which the Company is subject, or (iv) any agreement,
order, judgment or decree to which the Company is subject.

 

		2.2.3	Title to Securities. Upon issuance in accordance
with, and payment pursuant to, the terms hereof, the Securities will be duly and validly issued, fully paid and non-assessable.
Upon issuance in accordance with, and payment pursuant to, the terms hereof the Subscriber will have or receive good title to
the Securities, free and clear of all liens, claims and encumbrances of any kind, other than (a) transfer restrictions under federal
and state securities laws, and (b) liens, claims or encumbrances imposed due to the actions of the Subscriber.

 

		2.2.4	No Adverse Actions. There are no actions, suits,
investigations or proceedings pending, threatened against or affecting the Company which: (i) seek to restrain, enjoin, prevent
the consummation of or otherwise affect the transactions contemplated by this Agreement or (ii) question the validity or legality
of any transactions or seeks to recover damages or to obtain other relief in connection with any transactions.

 

		2.2.5	No Governmental Consents. No governmental,
administrative or other third party consents or approvals are required, necessary or appropriate on the part of the Company in
connection with the transactions contemplated by this Agreement, other than the filing of a Form D with the Securities and
Exchange Commission and such state Blue Sky, FINRA and NASDAQ consents and approvals as may be required.

 

		2.2.6	No General Solicitation. No form of general
solicitation or general advertising within the meaning of Regulation D of the U.S. Securities Act (including, but not limited
to, advertisements, articles, notices or other communications published in any newspaper, magazine or similar medium or broadcast
over television or radio, or any seminar or meeting whose attendees have been invited by any general solicitation or general advertising)
was used by the Company or any of its representatives in connection with the offer and sale of the Securities.

 

		2.2.8	No Brokers. No broker, finder or similar intermediary
has acted for or on behalf of the Company or any of its affiliates in connection with this Agreement or the transactions contemplated
hereby and no broker, finder, agent or similar intermediary is entitled to any broker’s, finder’s or similar fee or
other commission in connection therewith.

 

		2.2.9	Arms-Length. The purchase and sale of the Securities
contemplated by this Agreement is an arms-length transaction between Subscriber and the Company.

 

    3

     

    

 

3. Settlement Date and Delivery.

 

3.1 Closing of Purchase of Securities. The consummation
and settlement of the forward purchase contract for the purchase and sale of the Securities hereunder (the “Closing”)
shall be held at the same date and immediately prior to the closing of the Business Combination (the date of the Closing being
referred to as the “Closing Date”). No later than two business days prior to the Closing, the Subscriber shall
deliver the Aggregate Purchase Price for the Units purchased hereunder in cash via wire transfer to an account specified in writing
by the Company. Upon the Closing, the Company will issue to the Subscriber the Units being purchased hereunder, each registered
in the name of the Subscriber, against delivery of the Aggregate Purchase Price.

 

3.2 Conditions to Closing
of the Company.

 

The Company’s obligations to sell and issue the Securities
at the Closing are subject to the fulfillment of the following conditions:

 

		3.2.1	Representations and Warranties Correct. The
representations and warranties made by the Subscriber in Section 2 hereof shall be true and correct in all material respects when
made and shall be true and correct in all material respects on and as of the Closing Date and closing of the Company’s IPO,
as the case may be, (unless they specifically speak as of another date in which case they shall be true and correct in all material
respects as of such date) with the same force and effect as if they had been made on and as of said date.

 

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

 

		3.2.3	Blue Sky. The Company shall have obtained all
necessary Blue Sky law permits and qualifications, or secured an exemption therefrom, required by any state for the offer and
sale of the Securities.

 

		3.2.4	Ancillary Agreements. All Ancillary Agreements
(defined below) to be signed by Subscriber pursuant to hereto shall have been executed by Subscriber.

 

3.3 Conditions to Closing of the Subscriber.

 

The Subscriber’s obligation to purchase the Securities
at the Closing is subject to the fulfillment on or prior to the Closing Date of each of the following conditions:

 

		3.3.1	Representations and Warranties Correct. The
representations and warranties made by the Company in Section 2 hereof shall be true and correct in all material respects when
made and shall be true and correct in all material respects on and as of the Closing Date and closing of the IPO, as the case
may be (unless they specifically speak as of another date in which case they shall be true and correct in all material respects
as of such date), with the same force and effect as if they had been made on and as of said date.

 

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

 

		3.3.3	Blue Sky. The Company shall have obtained all
necessary Blue Sky law permits and qualifications, or secured an exemption therefrom, required by any state for the offer and
sale of the Securities.

  

    4

     

    

 

		3.3.4	Registration Rights Agreement. The Company
and Subscriber shall have entered into a registration rights agreement (the “Registration Rights Agreement”),
as referenced in Section 4.2 and 5.2, in a form customary for transactions of the type contemplated hereby, with the other holders
of the Company’s securities prior to the IPO. Subscriber (and its counsel) shall have been provided a reasonable opportunity
to review and comment on the Registration Rights Agreement and any amendment or supplement thereto prior to filing the same with
the Securities and Exchange Commission. The rights granted to Subscriber pursuant to the Registration Rights Agreement shall be
no less favorable to Subscriber than the other parties to the Registration Rights Agreement.

 

		3.3.6	IPO Closing. The Company shall have consummated
the IPO.

 

		3.3.7	Business Combination. The Company’s proposed
initial merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or
more businesses or entities (the “Business Combination”) shall have been approved by unanimous vote of the
Board of Directors of the Company and the conditions to the closing of the Business Combination, including the approval of the
Company’s stockholders, if applicable, shall have been satisfied or waived.

 

4. Restrictions on Transfer. Subscriber hereby agrees
not to sell, transfer, pledge, hypothecate or otherwise dispose of all or any part of the Securities unless, prior thereto (a)
a registration statement on the appropriate form under the Securities Act and applicable state securities laws with respect to
the Securities proposed to be transferred shall then be effective or (b) the Company has received an opinion of counsel for the
Company that such registration is not required because such transaction is exempt from registration under the Securities Act and
the rules promulgated by the Securities and Exchange Commission thereunder and under all applicable state securities laws. All
certificates representing the Securities shall have endorsed thereon a legend substantially as follows:

 

“THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS AND NEITHER THE SECURITIES NOR ANY INTEREST THEREIN
MAY BE OFFERED, SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER
SUCH ACT OR SUCH LAWS OR AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT AND SUCH LAWS WHICH, IN THE OPINION OF COUNSEL, IS AVAILABLE.”

 

The Company agrees to cause its counsel to deliver an opinion
to the Company’s transfer agent directing the removal of the foregoing legends once able to do so pursuant to applicable
securities laws.

   

5. Other Agreements.

 

		5.1	Further Assurances. Each of the Company and
the Subscriber agrees to execute such further instruments and to take such further action as may reasonably be necessary to carry
out the intent of this Agreement.

 

		5.2	Notices. All notices, statements or other documents
which are required or contemplated by this Agreement shall be: (i) in writing and delivered personally or sent by first class
registered or certified mail or overnight courier service, (ii) by facsimile and (iii) by electronic mail, in each case to the
address, facsimile number or email address as set forth on the signature page hereto. Any notice or other communication so transmitted
shall be deemed to have been given on the day of delivery, if delivered personally, on the business day following receipt of written
confirmation, if sent by facsimile or electronic transmission, one (1) business day after delivery to an overnight courier service
or five (5) days after mailing if sent by mail.

 

		5.3	Entire Agreement. This Agreement, together
with those certain agreements to be entered into between the Subscriber (and/or its affiliates) and the Company in connection
with the IPO, including but not limited to an insider letter, a subscription agreement governing the purchase of shares and warrants
of the Company prior to and simultaneously with the closing of the IPO and Registration Rights Agreement (collectively, the “Ancillary
Agreements”), each substantially in the form to be filed as an exhibit to the registration statement relating to the
IPO (“Registration Statement”), embodies the entire agreement and understanding between the Subscriber and
the Company with respect to the subject matter hereof and supersedes all prior oral or written agreements and understandings relating
to the subject matter hereof. No statement, representation, warranty, covenant or agreement of any kind not expressly set forth
in this Agreement shall affect, or be used to interpret, change or restrict, the express terms and provisions of this Agreement.

 

    5

     

    

 

		5.4	Modifications and Amendments. The terms and
provisions of this Agreement may be modified or amended only by written agreement executed by all parties hereto.

  

		5.5	Waivers and Consents. The terms and provisions
of this Agreement may be waived, or consent for the departure therefrom granted, only by written document executed by all parties
hereto. No such waiver or consent shall be deemed to be or shall constitute a waiver or consent with respect to any other terms
or provisions of this Agreement, whether or not similar. Each such waiver or consent shall be effective only in the specific instance
and for the purpose for which it was given, and shall not constitute a continuing waiver or consent.

 

		5.6	Assignment. The rights and obligations under
this Agreement may not be assigned by any of the parties hereto without the prior written consent of the other parties; provided
that Subscriber may assign its rights and obligations to an affiliate without the prior consent of the other parties.

 

		5.7	Benefit. All statements, representations, warranties,
covenants and agreements in this Agreement shall be binding on the parties hereto and shall inure to the benefit of the respective
successors and permitted assigns of each party hereto. Nothing in this Agreement shall be construed to create any rights or obligations
except among the parties hereto, and no person or entity shall be regarded as a third-party beneficiary of this Agreement.

 

		5.8	Governing Law. This Agreement and the rights
and obligations of the parties hereunder shall be construed in accordance with and governed by the laws of New York applicable
to contracts wholly performed within the borders of such state, without giving effect to the conflict of law principles thereof.

 

		5.9	Severability. In the event that any court of
competent jurisdiction shall determine that any provision, or any portion thereof, contained in this Agreement shall be unreasonable
or unenforceable in any respect, then such provision shall be deemed limited to the extent that such court deems it reasonable
and enforceable, and as so limited shall remain in full force and effect. In the event that such court shall deem any such provision,
or portion thereof, wholly unenforceable, the remaining provisions of this Agreement shall nevertheless remain in full force and
effect.

 

		5.10	No Waiver of Rights, Powers and Remedies. No
failure or delay by a party hereto in exercising any right, power or remedy under this Agreement, and no course of dealing between
the parties hereto, shall operate as a waiver of any such right, power or remedy of such party. No single or partial exercise
of any right, power or remedy under this Agreement by a party hereto, nor any abandonment or discontinuance of steps to enforce
any such right, power or remedy, shall preclude such party from any other or further exercise thereof or the exercise of any other
right, power or remedy hereunder. The election of any remedy by a party hereto shall not constitute a waiver of the right of such
party to pursue other available remedies. No notice to or demand on a party not expressly required under this Agreement shall
entitle the party receiving such notice or demand to any other or further notice or demand in similar or other circumstances or
constitute a waiver of the rights of the party giving such notice or demand to any other or further action in any circumstances
without such notice or demand.

 

		5.11	Survival of Representations and Warranties.
All representations and warranties made by the parties hereto in this Agreement or in any other agreement, certificate or instrument
provided for or contemplated hereby, shall survive the execution and delivery hereof and any investigations made by or on behalf
of the parties.

 

		5.12	Headings and Captions. The headings and captions
of the various subdivisions of this Agreement are for convenience of reference only and shall in no way modify or affect the meaning
or construction of any of the terms or provisions hereof.

 

		5.13	Counterparts. This Agreement may be executed
in one or more counterparts, all of which when taken together shall be considered one and the same agreement and shall become
effective when counterparts have been signed by each party and delivered to the other party, it being understood that both parties
need not sign the same counterpart. In the event that any signature is delivered by facsimile transmission or any other form of
electronic delivery, such signature shall create a valid and binding obligation of the party executing (or on whose behalf such
signature is executed) with the same force and effect as if such signature page were an original thereof.

 

    6

     

    

 

		5.14	Construction. The words “include,”
“includes,” and “including” will be deemed to be followed by “without limitation.”
Pronouns in masculine, feminine, and neuter genders will be construed to include any other gender, and words in the singular form
will be construed to include the plural and vice versa, unless the context otherwise requires. The words “this Agreement,”
“herein,” “hereof,” “hereby,” “hereunder,” and words
of similar import refer to this Agreement as a whole and not to any particular subdivision unless expressly so limited. The parties
hereto intend that each representation, warranty, and covenant contained herein will have independent significance. If any party
hereto has breached any representation, warranty, or covenant contained herein in any respect, the fact that there exists another
representation, warranty or covenant relating to the same subject matter (regardless of the relative levels of specificity) which
such party hereto has not breached will not detract from or mitigate the fact that such party hereto is in breach of the first
representation, warranty, or covenant.

 

		5.15	Mutual Drafting. This Agreement is the joint
product of the Subscriber and the Company and each provision hereof has been subject to the mutual consultation, negotiation and
agreement of such parties and shall not be construed for or against any party hereto.

  

6. Indemnification. Each party shall indemnify the
other against any reasonable loss, cost or damages (including reasonable attorney’s fees and expenses) incurred as a result
of such party’s breach of any representation, warranty, covenant or agreement in this Agreement, as determined by a final
non-appealable judgment of a court of competent jurisdiction.

  

7. Term. The Subscriber’s obligation to acquire
the Securities hereunder, and the Company’s obligation to sell the Securities hereunder, shall be in effect until the earlier
of (i) the consummation of the Business Combination within the time frame permitted by the Company’s amended and restated
certificate of incorporation (the “Charter”), which, as of the date hereof, is expected to be 24 months from
the consummation of the IPO, including any extensions beyond such term effected pursuant to the terms of the Charter, and (ii)
the liquidation of the Company in the event that the Company is unable to consummate the Business Combination within the time frame
permitted by the Charter (including any extensions).

 

8. Disclosure. The Subscriber hereby acknowledges
that (i) the terms of this Agreement will be disclosed in the Registration Statement, (ii) if deemed reasonably necessary by the
Company, this Agreement will be filed with the Securities and Exchange Commission as an exhibit to the Registration Statement and
(iii) the Company will disclose the terms of this Agreement to potential IPO investors and to potential Business Combination targets.
Notwithstanding the foregoing, before the filing of any such Registration Statement or the use of any marketing materials for potential
IPO investors or potential Business Combination targets or otherwise in connection with the “road show” for the IPO
which include the Purchaser’s name, the Purchaser shall have a reasonable opportunity to review the disclosure in such Registration
Statement or other marketing materials concerning the Purchaser and this Agreement and make reasonable comments thereon.

 

9. Waiver of Claims against Trust. The Subscriber
hereby acknowledges that it is aware that the Company will establish a trust account (the “Trust Account”) for
the benefit of its public stockholders upon the closing of the IPO. The Subscriber, for itself and its affiliates, hereby agrees
that it has no right, title, interest or claim of any kind in or to any monies held in the Trust Account, or any other asset of
the Company as a result of any liquidation of the Company, except for redemption and liquidation rights, if any, the Subscriber
may have in respect of any shares issued as part of the units sold in the IPO (“Public Shares”) held by the
Subscriber. The Subscriber hereby agrees that it shall have no right of set-off or any right, title, interest or claim of any kind
(“Claim”) to, or to any monies in, the Trust Account, and hereby irrevocably waives any Claim to, or to any
monies in, the Trust Account that it may have now or in the future, except for redemption and liquidation rights, if any, the Subscriber
may have in respect of any Public Shares held by the Subscriber; provided, however, that the foregoing shall not restrict Subscriber
from bringing any claim Subscriber may have against the Company against the Company (or any successor entity) following consummation
of a Business Combination or against any funds held by the Company outside of the Trust Account prior to the consummation of a
Business Combination.

 

[Signature Page Follows]

 

    7

     

    

 

If the foregoing accurately sets forth our understanding and
agreement, please sign the enclosed copy of this Agreement and return it to us.

 

The parties hereto have executed this Agreement to be effective
as of the date first set forth above.

 

	ISOS ACQUISITION CORPORATION	 
	 	 	 
	By:	/s/ George Barrios	 
	Name:	George Barrios	 
	Title:	Co-Chief Executive Officer	 
	Address:	55 Post Road West, Suite 200,

Westport, CT 06880	 
	Email:	George.barrios@gmail.com	 

 

	APOLLO CREDIT STRATEGIES MASTER FUND LTD.	 
	By: Apollo ST Fund Management LLC, its investment manager	 
	 	 	 
	By:	/s/ Joseph D. Glatt	 
	Name:  	Joseph D. Glatt	 
	Title:	Vice President	 
	 	 	 
	APOLLO PPF CREDIT STRATEGIES, LLC	 
	By: Apollo Credit Strategies Master Fund Ltd.,

its member	 
	By: Apollo ST Fund Management LLC,

its investment manager	 
	 	 	 
	By:	/s/ Joseph D. Glatt	 
	Name: 	Joseph D. Glatt	 
	Title:	Vice President	 
	 	 	 
	APOLLO ATLAS MASTER FUND, LLC	 
	By: Apollo Atlas Management, LLC,

its investment manager	 
	 	 	 
	By:	/s/ Joseph D. Glatt	 
	Name: 	Joseph D. Glatt	 
	Title:	Vice President	 
	 	 	 
	APOLLO A-N CREDIT FUND (DELAWARE), L.P.	 
	By: Apollo A-N Credit Management, LLC,

its investment manager	 
	 	 	 
	By:	/s/ Joseph D. Glatt	 
	Name: 	Joseph D. Glatt	 
	Title:	Vice President  	 

 

     

     

    

 

Schedule 1

 

	Subscriber	 	Percentage Allocation	 
	Apollo Credit Strategies Master Fund Ltd.	 	 	76.3232	%
	Apollo PPF Credit Strategies, LLC	 	 	11.4640	%
	Apollo Atlas Master Fund, LLC	 	 	5.6893	%
	Apollo A-N Credit Fund (Delaware), L.P.	 	 	6.5235	%
	Total:	 	 	100	%Exhibit
10.1

 

EMPLOYMENT
AGREEMENT

 

dated:
February 2, 2021

 

Dear
Yovav Sameah (the “Executive”),

 

We
are pleased to offer you an employment with ScoutCam Ltd., an Israeli company number 515950400, with offices at 7A Gan
Hata’asiya St., Omer, Israel (the “Company”), pursuant to the terms and conditions as set forth in the
table below which sets forth the specific terms of your employment with the Company (the “Specific Terms”),
and the general terms of your employment with the Company provided thereafter (the “General Terms”; which,
together with the Specific Terms and exhibits attached hereto, constitute the “Employment Agreement”).

 

Capitalized
terms which are not defined otherwise in the General Terms shall have the meaning attributed to them in the Specific Terms.

 

SPECIFIC
TERMS

 

	1.	Executive
    Personal Details	Full
    Name: 	Yovav
    Sameah
	 	 	I.D.
    Number:	 
	 	 	Address:	 
	 	 	Telephone
    No. (mobile):	 
	 	 	Private
    E-mail:	 
	 	 	 	 
	2.	Commencement
    Date	April
    15, 2021 (the “Commencement Date”); it being acknowledged by the parties, however, that the Company shall
    publicly announce the hiring of the Executive on March 5, 2021
	 	 	 
	3.	Position
    and Supervisor	CEO;
    reporting to: Board of Directors of the Company (the “Board”)
	 	 	 
	4.	Scope
    of Work 	Full
    time 
	 	 	 
	5.	Total
    Monthly gross Salary 	NIS
    68,000 (the “Salary”)
	 	 	 
	6.	Annual
    Bonus 	The
    Executive shall be entitled to an annual bonus pursuant to certain predetermined objectives, which objectives shall be agreed
    between the Executive and the Chairman of the Board and which shall be approved by the Board, not later than December 31st
    of each calendar year with respect to the following calendar year. Initially, the annual bonus shall be in the form of options
    or other equity-based awards in the Parent (as defined below) pursuant to the Plan (as defined below), in which case the provisions
    of Section 17 “Options” below will apply, except that the vesting schedule of such awards will be determined together
    with the determination of the objectives as aforesaid. Following the first calendar year during which the Company becomes
    profitable, pursuant to its audited financial statements for such year, the annual bonus will become cash-based. 
	 	 	 
	7.	Signing
    Bonus	The
    Executive shall receive a signing bonus in the framework of his first pay slip to be provided following the Commencement Date,
    in the aggregate (gross) amount of $50,000 (the “Signing Bonus”), whereby in accordance with this Signing
    Bonus, the Executive shall be required to repay the Signing Bonus in full in the event the Executive: (a) voluntarily resigns
    for any reason whatsoever or notifies (orally or in writing) of his resignation, or (b) is dismissed by the Company for “Cause”
    (as such term is defined in the General Terms), in each of (a) or (b) - prior to the two year anniversary of the Commencement
    Date. Accordingly, upon the earlier of: (x) termination of employment of the Executive for any reason other than (a) or (b)
    above, or (y) the two year anniversary of the Commencement Date if neither (a) or (b) has occurred prior thereto, repayment
    of the Signing Bonus will be waived. 

 

    	 	 	 

    	 	-2-	 

    

 

	8.	Pension
    Arrangement	Contributions
    to an arrangement pursuant to the Executive’s choice and in accordance with the General Terms and the General Approval
    of Section 14 Arrangement
	 	 	 
	9.	Keren
    Hishtalmut (Study Fund) 	Contributions
    shall be made in accordance with the General Terms; provided that amounts exceeding the maximum tax-exempt ceiling for Keren
    Hishtalmut contributions, shall be recognized as ordinary income for tax purposes, on the date of their contribution to the
    selected Keren Hishtalmut
	 	 	 
	10.	Annual
    Vacation 	Annual
    Vacation Quota 	23
    working days per year of employment, and in any event no less than the minimum under applicable law;
		 	Maximum
    Vacation Quota	30
    working days
	 	 	 	 
	11.	Sick
    Leave 	In
    accordance with applicable law, but with full compensation as of the first day of sick leave 
	 	 	 
	12.	Recuperation
    Pay	In
    accordance with applicable law; 
	 	 	 
	13.	Car	In
    lieu of travel allowance, a car of a make and size as referred to under the General Terms
	 	 	 
	14.	Business
    Expenses	Reimbursement
    in accordance with the Company’s policy.
	 	 	 
	15.	Medical
    Insurance	At
    a monthly rate that shall not exceed NIS 600
	 	 	 
	16.	Cellular
    Phone	As
    per the General Terms
	 	 	 
	17.	Directors and

                                                                           Officers Insurance

                                                                           and
                                                                           Indemnification

                                                                           and Release
	Under
    the terms of the policy and indemnification and release undertakings applicable to other senior officers and directors of
    the Company and Parent. 
	 	 	 
	18.	Options
    	As
    approved by the Board and subject to the terms of the 2020 Share Incentive Plan of ScoutCam Inc. (the “Plan”),
    the Executive shall be granted, subject to execution of an option agreement in a form provided by the Company and all other
    required documents and agreements required by the Company, an option to purchase 3% of the outstanding share capital of ScoutCam
    Inc., the parent of the Company (the “Parent”), as of the Commencement Date (the “Options”). Until
    the first anniversary of the Commencement Date, the Options shall be protected against dilution resulting from up to $11M
    in financing(s) following the Commencement Date (including from the exercise of any currently outstanding warrants to acquire
    shares of Parent), in such manner that the number of shares subject to the Options shall be automatically increased to include
    such number of additional shares of Parent so that together with the shares already included in and covered by the Options
    at such time, they shall equal 3% of the outstanding shares of Parent immediately following such financing(s), without any
    change in the total exercise price for all shares covered by the Options, and the exercise price per share shall be adjusted
    accordingly. Any and all such additional shares shall vest on the same terms as the original shares included in the Options
    as if granted together with such original shares, and the term “Options” herein shall include any and all such
    additional shares.   The Options shall have an exercise price of $0.40 per share,
    and shall vest and become exercisable as follows: 25% of the shares covered by the Options, shall vest and become exercisable
    on the first anniversary of the Commencement Date and 6.25% of the shares covered by the Options shall vest and become exercisable
    at the end of each subsequent three-month period thereafter, over the course of the subsequent 3 years; provided that the
    Executive remains continuously employed by the Company on each such vesting date, in compliance with this Employment Agreement.
    The Options shall be granted through a trustee and pursuant to the Capital Gain Tax Route pursuant to and in accordance with
    Section 102 of the Israeli Income Tax Ordinance and the rules and regulations thereunder.  The Executive shall take
    all actions and shall sign all documents reasonably required pursuant to the Plan, in connection with the grant and exercise
    of Options and the sale of shares covered by the Options. Any tax and other compulsory payments in connection with the Options
    or the shares covered by the Options (including, the grant, vesting or exercise of the Options or the sale, substitution or
    exchange of shares issuable upon their exercise) shall be borne and paid solely by the Executive, and the Executive hereby
    agrees to indemnify the Company, Parent and their respective successors and assignees, and agrees to hold each harmless, upon
    first demand, for any liability, loss and expense (including legal fees) suffered or incurred by any of them in connection
    therewith. Notwithstanding anything to the contrary in the Plan, in any option agreement or in any other document in connection
    therewith, (x) each of the outstanding Options shall immediately vest and be accelerated upon the occurrence of the earlier
    of: (i) the sale of all or substantially all of the assets of the Company or the Parent, (ii) the sale of more than fifty
    percent (50%) of the outstanding voting stock of the Company or the Parent in a non-public sale, (iii) the dissolution or
    liquidation of the Company or of the Parent, or (iv) any merger, share exchange, consolidation or other reorganization or
    business combination of the Company or of the Parent if immediately after such transaction either (A) persons who were directors
    of the Company or of the Parent, as relevant, immediately prior to such transaction do not constitute at least a majority
    of the directors of the surviving entity, or (B) persons who hold a majority of the voting capital stock of the surviving
    entity are not persons who held a majority of the voting capital stock of the Company or of the Parent, as relevant, immediately
    prior to such transaction; and (y) vested Options shall not terminate and shares issued upon exercise of any Options shall
    not be deemed to be irrevocably offered for sale to the Parent, the Company or any affiliates thereof or otherwise be subject
    to repurchase, forfeiture or redemption or be converted into deferred shares or become subject to any other action designed
    to achieve similar results in the event of termination of the Executive’s employment for Cause, and the provisions of
    the Plan shall not apply in this regard.
	 	 	 
	19.	Mutual
    Notice Period	During
    the first 6 months of employment - 45 days; thereafter- 3 months

 

    	 	 	 

    	 	-3-	 

    

 

GENERAL
TERMS 

 

 1. Employment

 

1.1.
Commencing on the Commencement Date and for an indefinite period-of-time, the Executive shall be employed in the Position,
reporting to the Supervisor.

 

1.2.
The Executive shall be employed in a senior management position which requires a special degree of personal trust, as defined
in the Working Hours and Rest Law (the “Management Position”). Therefore, the provisions of the
aforementioned law shall not apply to Executive’s employment conditions. The Executive acknowledges that he/she may be
required to travel and stay abroad from time to time and shall be required to work beyond regular working hours, including on
late hours and during holidays and weekly rest hours and shall not be granted any other compensation for working on such
hours. Executive acknowledges that the economic result of this provision has been taken into account by the parties for the
purpose of determine the Salary and for their decision to be engaged under this Employment Agreement. Since required by the
law, the Executive shall maintain a record of working hours performed, as instructed by the Company.

 

 2. Compensation; Benefits

 

2.1. Compensation.
In consideration of Executive’s employment, the Executive shall be entitled to receive the Salary and all other
benefits and entitlements under this Employment Agreement. The Salary only shall serve as the sole basis for calculating
pension rights and severance pay contributions, and it is specifically agreed that no other payment or benefit shall be
considered as a basis for such calculation.

 

The
Salary shall be payable until the 9th of each month, for the previous month.

 

All
payments and benefits according to this Employment Agreement are gross payments. The Executive shall bear taxes and other compulsory
payments in accordance with applicable law, which amounts shall be deducted by the Company from the Salary, as required by law.

 

2.2. Bonus.
The Company will adopt a personal bonus policy according to which the Executive will be entitled, as set forth in the
Specific Terms, to (i) an annual bonus (specifically, an equity-based bonus prior to the Company’s profitability, and a
cash-based bonus beginning the first fiscal year following the Company becoming profitable), provided that the Executive has
successfully fulfilled the objectives to be determined by the Board together with the Executive, from time to time. The
degree of achievement of such objectives shall be determined by the Board in its sole discretion, and shall be conclusively
binding on the parties. and (ii) a Signing Bonus, subject to the terms set forth in the Specific Terms.

 

2.3. Pension
Arrangement. The Company shall insure the Executive under a pension arrangement at the Executive’s choice (Managers
Insurance, pension fund or a combination of both). The Company shall contribute, on a monthly basis, the amounts set forth
below (the “Company Contributions”) and the Executive shall contribute, on a monthly basis, the amounts
set forth below (the “Executive Contributions”), which amounts shall be deducted from the
Salary:

 

Company
Contributions:

 

		(i)	If
                                         for pension fund: severance - 8.33% of the Salary; pension - 6.5% of the Salary.

 

		(ii)	If
                                         for managers insurance: severance - 8.33% of the Salary; disability insurance - up to
                                         2.5% of the Salary (for insurance of 75% of the Salary); pension - the difference between
                                         6.5% of the Salary and the actual percentage contributed for disability insurance, provided
                                         that the contributions for pension shall not be less than 5% of the Salary or more than
                                         7.5% of the Salary.

 

Executive
Contributions: 6% of the Salary towards pension.

 

2.4. Section
14 Arrangement. The parties hereby adopt the provisions of the General Approval Regarding Payments by Employers to a
Pension Fund and Managers insurance in lieu of Severance Pay, as attached to this Employment Agreement as Exhibit
A (the “General Approval”). The Company waives any right that it may have for the repayment of any
monies paid by it to the insurance and/or the pension fund, unless the right of the Executive to severance has been revoked
by a judicial decision, under Section 16 or 17 of the Severance Pay Law (to the extent of such revocation) or in case the
Executive withdrew monies from the insurance and/or the pension fund for any reason other than death, disability or
retirement at the age of sixty or thereafter. The Executive hereby acknowledges and confirms that the Company’s
contributions towards the insurance and/or the pension fund are and shall be in lieu of any severance pay to which the
Executive shall be entitled according to Section 14 of the Severance Pay Law, and in accordance with the General Approval
(the “Section 14 Arrangement”).

 

    	 	 	 

    	 	-4-	 

    

 

2.5. Study
Fund (Keren Hishtalmut). The parties shall maintain Keren Hishtalmut at the Executive’s choice to which the Company
shall contribute, on a monthly basis, an amount equal to 7.5% of the Salary (the “Company Portion”) and
the Executive shall contribute on a monthly basis an amount equal to 2.5% of the Salary (the “Executive
Portion”) which amount shall be deducted from the Salary. The Executive hereby instructs the Company to transfer
the Executive Portion to the selected Keren Hishtalmut.

 

2.6. Annual
Vacation. The Annual Vacation Quota is defined for each full year of employment. Without derogating from the
Company’s right to set unified vacation for its employees, the vacation shall be coordinated with the Supervisor. The
Executive will make every effort to exercise his/her Annual Vacation Quota, and in any event is required to utilize at least
five (5) paid vacation days during each year of employment. If the Executive is unable to utilize the entire Annual Vacation
Quota by the end of any year of employment, the Executive shall be entitled to accumulate the unused balance of the Annual
Vacation Quota up to the Maximum Vacation Quota. For the avoidance of doubt, any unused vacation days which are in excess of
the vacation days pursuant to the Annual Vacation Law, 5711-1951 in excess of the Maximum Vacation Quota shall be
deleted.

 

2.7. Sick
Leave. The Executive shall notify the Company of the illness as soon as possible in accordance with the Executive’s
medical condition.

 

2.8. Recuperation
Pay. The Executive shall be entitled to recuperation pay (Dmey Havra’a) as set forth in the Specific
Terms.

 

2.9. Car –
In lieu of travel allowance, the Executive shall be entitled to a car of a make and size equivalent to that of a KIA Carnival
(the “Car”). The Company shall bear the fixed and varied costs of the Car (registration costs, insurance,
gasoline, oil and repairs), as well as Route 6 related costs, and the Executive shall bear the remaining costs, as well as
usage value, tickets, fines of any kind and other costs, in accordance with the Company’s policy or the lease
agreement, as applicable. The Executive instructs the Company to deduct from the Salary all such costs and expenses related
to the Car which the Executive is obligated to bear, as agreed herein. Executive shall: (i) take good care of the Car; (ii)
ensure the provisions and conditions of any insurance policy are observed (including the provisions with respect to the
safeguarding of the Car and the age of the driver); (iii) use the Car in accordance with the Company’s policy; and (iv)
return the Car to the Company on the date of final termination of employment for whatever reason, together with the keys and
all licenses and other documentation relating to the Car, in accordance with the Company’s policy and the lease
agreement.

 

2.10. Business
Expenses. The Company shall reimburse the Executive for necessary and customary business expenses incurred by the
Executive, in accordance with the Company’s policy, as shall be in effect from time to time. Travel expenses abroad
shall be borne by the Company, with international travel being by business class.

 

2.11. Cellular
Phone. The Company shall provide Executive with a cellular phone for use in the course of performing Executive’s
obligations under this Agreement as well as for reasonable personal usage. The Company shall bear the costs relating to the
cellular phone according to the Company’s policy, as amended from time to time. Executive shall return the cellular
phone (together with its accessories) on the date of final termination of employment, but the phone number shall be the
property of the Executive.

 

2.12. Directors
and Officers Insurance; Indemnification and Release. Throughout the term of the Executive’s employment, the Company
shall maintain a directors and officers insurance policy covering the Executive’s employment under the same terms as
those applicable to the other senior officers and directors of the Company and Parent. The Company shall maintain such
directors and officers insurance with substantially the same terms and conditions for a period of at least 7 years following
the termination of the Executive’s term as an officer of the Company, provided that the Company did not purchase a
policy for retired directors and officers or a run-off policy, which covers the Executive. The Company shall provide the
Executive with a letter of indemnification and release (exculpation) under the same terms as those applicable to the other
senior officers and directors of the Company and Parent.

 

    	 	 	 

    	 	-5-	 

    

 

 3. Termination of Employment

 

3.1.
This Employment Agreement may be terminated by either party at any time by giving the other party hereto a prior notice of
such termination, as specified in the Specific Terms (the “Notice Period”). Any notice of termination
shall be in writing, however, in the event the Executive fails to provide a written notice of resignation, despite the
Company’s request for the same, the Company shall consider the Executive as having resigned upon the Executive having
provided a clear and unequivocal notice. During the Notice Period, whether notice has been given by the Executive or by the
Company, the Executive shall continue to exercise the Executive’s regular responsibilities and duties unless instructed
otherwise by the Company, and shall cooperate with the Company and assist the integration into the Company organization of
the person or persons who will assume the Executive’s responsibilities and duties.

 

3.2.
Notwithstanding anything to the contrary in Section 3.1, and without derogating from the Company’s rights according to
applicable law, the Company may immediately terminate this Employment Agreement and the Executive’s employment at any
time for Cause (as defined below) without Notice Period or any compensation in lieu of Notice Period.

 

3.3.
For the purpose of this Employment Agreement, “Cause” shall mean: (i) the Executive’s breach of
trust or his duty of loyalty, fraud, any act that constitutes or involves a conflict of interest between the Executive and
the Company that is not disclosed to the Company, and any material breach by the Executive of the provisions set forth in Exhibit
B attached hereto, which, if capable of cure, was not cured within seven (7) days of written notice by the Company
with respect thereto; (ii) any willful misconduct or willful failure to perform any legal directive of the Board, which, if
capable of cure, was not cured within seven (7) days of written notice by the Company with respect thereto; (iii) the
Executive deliberately causing significant harm to the Company’s business, affairs or reputation, which, if capable of
cure, was not cured within seven (7) days of written notice by the Company with respect thereto; (iv) admission or conviction
of, or entry of any plea of guilty or nolo contendere by, the Executive for any felony or other criminal act involving
moral turpitude; (v) the Executive’s involvement in sexual harassment in connection with his/her employment; or (vi)
any other circumstances constituting basis for termination without prior written notice and/or severance payment under
applicable law.

 

 4. Executive Representations and Undertakings

 

4.1.
As a condition for this Employment Agreement becoming effective, the Executive shall, simultaneously herewith, execute the
Non-Disclosure, Unfair Competition and Ownership of Intellectual Property Undertaking, attached hereto as Exhibit
B.

 

4.2.
All representations provided by the Executive to the Company (directly or through any recruitment source) are complete and
accurate and the Executive revealed to the Company all relevant information required in order to reach a decision regarding
entering into this Employment Agreement. The Executive does not suffer from any physical or mental health issues which
prevent or have an unreasonable influence, on the Executive’s ability to fulfill the Position and undertakings under
this Employment Agreement.

 

4.3.
The Executive has the ability, qualifications and knowledge required to perform the Position. The Executive shall devote all
necessary time, attention, skill and effort to the performance of the Executive’s duties and obligations to the Company
and shall perform the Executive’s duties and obligations diligently and promptly for the benefit of the
Company.

 

4.4.
As long as the Executive is employed by the Company, the Executive shall not, without the prior written consent of the
Company, directly or indirectly, work or engage in any other paid or unpaid occupations, activities, businesses,
organization, or pursuits, except for (subject to any legal requirement or Company policy): (i) holdings of securities of any
company, the shares of which are publicly traded on an internationally recognized stock exchange, so long as the Executive
has no active role in such public company as a director, officer, employee, consultant (including as an independent
consultant) or otherwise; or (ii) de minimis non-commercial activities, all – as long as any such activity
(referred to under sub-sections (i) and/or (ii) herein above) shall not derogate from or conflict with any of the
Executive’s undertakings set forth under this Employment Agreement.

 

4.5.
The Executive is not subject to any other undertakings or agreements requiring the consent of any person or entity to, or
restricting or preventing the Executive from, entering into this Employment Agreement and fulfilling the Executive’s
obligations hereunder. The execution and delivery of this Employment Agreement and the fulfillment by the Executive of the
terms hereof will not constitute a breach of: (i) rights of the Executive’s former employer(s) (or their related
entities), or any of the Executive’s obligations towards them; or (ii) any agreement or other document to which the
Executive is a party or is otherwise bound.

 

    	 	 	 

    	 	-6-	 

    

 

4.6.
The Executive shall at all times comply with the Company’s policies, procedures and instructions, as in effect from
time to time, and shall adhere to any applicable law or provision pertaining to the Executive’s employment.

 

4.7.
The Executive shall immediately inform the Company of any affairs and/or matters in which the Executive (or the
Executive’s immediate family) has or may have, a personal interest, or which may give rise to a conflict of interest
with the Executive’s Position and/or employment with Company and/or the interests of the Company.

 

4.8.
The Executive shall not receive any benefit from any third party, directly or indirectly in connection with the
Executive’s employment. In the event the Executive breaches this undertaking, without derogating from any of the
Company’s rights, such benefit or its value shall become the sole property of the Company and the Executive hereby
authorizes the Company to deduct the value of such benefit from any payment to which the Executive may be entitled. This
section does not apply to gifts or benefits with insignificant value.

 

4.9.
The Executive waives any right for lien on the Company’s assets, including the Computers (as defined below), documents,
car and any other asset made available to the Executive. The Executive shall return to the Company all of the Company’s
equipment in his/her possession (including car, mobile phone and computer) no later than the day of termination of the
employer-employee relationship.

 

4.10.
The Executive shall keep the content of this Employment Agreement confidential and undertakes not to disclose the content of
this Employment Agreement to any third party connected to the Company, including any of the Company’s
employees.

 

 5. Company Computers; Mobile Phone; Privacy

 

5.1.
For the performance of the Executive’s duties, the Company may allow the Executive to use the Company’s computer
equipment and systems, including any desktop computer, laptop, software, hardware, Internet server and professional e-mail
account (the “Computers”).

 

5.2.
Subject to the Company’s policies as may be in effect from time to time, the Executive: (i) shall not store personal
files on the Computers (except on folders clearly labeled by the Executive as “Personal”); and (ii) the
Executive may not store the Company’s files on personal or external storage space.

 

5.3.
The e-mail account assigned to the Executive is strictly a professional one and shall be strictly used for professional
matters. For personal matters the Executive may use external email services (such as Gmail).

 

5.4.
The Executive acknowledges and agrees that in order to maintain the security of the Computers and to protect the
Company’s legitimate interests, the Company shall have the right to monitor, inspect and review the Executive’s
activity on the Computers, including usage habits and content transmission, and to collect, copy, transfer and review content
stored on the Computers, including, emails, electronic communications, documents and other files, all findings of which shall
be admissible as evidence in any legal proceedings, all subject to applicable law. In light of the Executive’s
understanding of the above, the Executive shall have no right to privacy in any content of the Computers, except with respect
to folders which contain private information and which are clearly labeled by the Executive as
“Personal”.

 

5.5.
Sections 5.2-5.4 above shall apply also with respect to mobile phone provided to the Executive by the Company (if provided)
and the Executive’s personal mobile phone when used for the purpose of fulfilling the Executive’s work, with
respect to unique professional apps, professional WhatsApp groups or other professional media or messaging groups and the
Executive’s professional e-mail account.

 

5.6.
The Executive acknowledges and agrees that during the course of the Executive’s employment by the Company, the Company
shall collect, receive and make use of certain personal information related to the Executive (such as Executive’s
contact details, family status, salary, bank account-related information, etc.) (the “Information”).
Collecting, receiving, using and processing the Information shall be at the minimum extent required to manage the
Company’s employees or to meet the Company’s legal obligations. The Company shall be entitled to transfer the
Information to third parties, including those located abroad, as reasonably required for the aforesaid purposes or in the
course of a potential transaction (such as acquisition, merger or sale of asset).

 

    	 	 	 

    	 	-7-	 

    

 

5.7.
The Executive acknowledges that the Company’s facilities are covered by security cameras, the locations of which have
been identified to the Executive. The location of the cameras may change from time to time. The use of cameras in the
Company’s facilities is for security purpose and such cameras shall not be used for monitoring personal workspaces
(except in cases permitted by law).

 

 6. General

 

6.1.
Nothing herein shall derogate from any right the Executive may have, in accordance with any law, expansion order, collective
bargaining agreement, employment agreement or any other agreement with respect to the terms of the Executive’s
employment.

 

6.2.
This Employment Agreement constitutes the entire understanding and agreement between the parties hereto, and supersedes any
and all prior agreements, proposals, understandings, correspondences, discussions and arrangements, if any, whether oral or
written, with regard to the Executive’s employment and the subject matter hereof. This Employment Agreement may be
amended, supplemented or modified only by a written instrument duly signed by each party hereto.

 

6.3.
The Company shall be entitled to set-off any amount the Executive owes to the Company from any amount owed to the Executive
by the Company, subject to the restrictions pursuant to applicable law.

 

6.4.
Notices in connection with this Employment Agreement must be sent in writing via email, registered mail or personal delivery
to the respective party at such party’s known address or the address set forth in this Employment Agreement. Such
notice shall be deemed given: (i) if given by email - one (1) business day following transmission so long as a computerized
automatic “received” approval (delivery receipt) was sent by the email server; (ii) if given by registered mail -
four (4) business days following deposit with the postal service for delivery by registered mail, postage prepaid; or (iii)
if hand delivered - upon delivery.

 

Signature
pages follow

 

    	 	 	 

    	 	-8-	 

    

 

IN
WITNESS WHEREOF, the parties have signed this Employment Agreement, as of the date first mentioned above:

 

	The
    Executive acknowledges that he: (1) has read and fully understood all the provisions of this Employment Agreement and its
    exhibits; (2) was given a reasonable opportunity to consult with third parties, including attorneys; (3) is signing this Employment
    Agreement of his own free will and with his/her full consent.

 

	EXECUTIVE:	 	COMPANY:
	 	 	 
	/s/
    Yovav Sameah	 	/s/
    Benad Goldwasser
	 	 	 	By:
    	Benad
    Goldwasser
	 	 	 	Title:
    	Chairman
    of the Board

 

    	 	 	 

    	 	-9-	 

    

 

Exhibit
A

 

General
Approval 

 

Regarding
Employers’ Contributions to Pension Fund and Insurance Fund in lieu of Severance Pay

 

Under
the Severance Pay Law, 5723-1963

 

By
virtue of my power under Section 14 of the Severance Pay Law, 5723-19631 (the “Law”), I hereby confirm, that contributions
made by an employer for his employee, commencing as of the date of publication of this approval, to a comprehensive pension in
a provident fund for annuity that is not an insurance fund within the meaning of such term in the Income Tax Regulations (Rules
for the Approval and Management of Provident Funds), 5724-19642 (a “Pension Fund”) or to a managers’ insurance
that includes the possibility of an annuity or a combination of payments to an annuity plan and to a non-annuity plan within such
insurance fund (an “Insurance Fund”), including combined contributions made by the employer to a Pension Fund and
to an Insurance Fund, whether or not the Insurance Fund includes an annuity plan (the “Employer’s Contributions”),
shall be payable in lieu of severance pay due to such employee in respect of the salary from which such contributions were made
and the period they were made for (the “Exempt Salary”); provided, however, that all of the following conditions have
been fulfilled:

 

(1) The Employer’s Contributions-

 

(a)
To the Pension Fund, are at a rate of no less than 14 1/3% of the Exempt Salary, or 12% of the Exempt Salary, if in addition thereto,
the employer makes supplementary severance pay contributions for his employee to a provident fund for severance pay or to an Insurance
Fund in the employee’s name, at a rate of 2 1/3% of the Exempt Salary. In the event that the employer has not contributed
such 2 1/3% in addition to said 12%, his contributions shall only replace 72% of the employee’s severance pay;

 

(b) To the Insurance Fund are at a rate of no less than one of the following:

 

(1)
13 1/3% of the Exempt Salary, if in addition thereto, the employer makes contributions for his employee for securing monthly
income in the event of disability to a plan approved by the Commissioner of the Capital Market, Insurance and Savings at the
Ministry of Finance, at the rate required to secure at least 75% of the Exempt Salary or a rate of 2 1/2% of the Exempt
Salary, whichever is lower (“Disability Insurance Contributions”); or

 

(2)
11% of the Exempt Salary, if the employer also made Disability Insurance Contributions, and in such case the Employer’s
Contributions shall only replace 72% of the Employee’s severance pay; In the event that the employer has made, in
addition to the foregoing, supplementary severance pay contributions to a provident fund for severance pay or to an Insurance
Fund in the employee’s name at a rate of 2 1/3% of the Exempt Salary, the Employer’s Contributions shall replace
100% of the employee’s severance pay.

 

(2)
By no later than three months of the commencement date of the Employer’s Contributions, a written agreement is executed
between the employer and the employee that includes:

 

(a)
The employee’s consent to the arrangement pursuant to this approval in a form specifying the Employer’s
Contributions, and the Pension Fund and Insurance Fund, as applicable; such agreement shall also include the form of this
approval;

 

(b)
The employer’s advance waiver of any right he may have to a refund of monies from
his contributions, unless the employee’s right to severance pay has been revoked by virtue of Sections 16 or 17 of the Law,
and to the extent so revoked, or the employee has withdrawn monies from the Pension Fund or Insurance Fund other than by reason
of an Entitling Event; in such regard “Entitling Event” means death, disability or retirement at or after the age
of 60 or more.

 

(3)
This approval shall not derogate from the employee’s right to severance pay under any law, collective agreement,
expansion order or employment contract, in respect of salary over and above the Exempt Salary.

 

	 	Eliyahu
    Yishai
	 	 
	 	Minister
of Labor and Social Affairs

 

    	 	 	 

    	 	-10-	 

    

 

Exhibit
B

 

Non-Disclosure,
Unfair Competition and Ownership of Intellectual Property Undertaking

 

THIS
UNDERTAKING (“Undertaking”) is entered into as of the date of the Employment Agreement to which this Exhibit
is attached between the Executive and the Company (as defined therein).

 

Whereas,
the Executive wishes to be employed by the Company; and whereas, it is critical for the Company to preserve and protect its Confidential
Information (as defined below) and its rights in Intellectual Property (as defined below) and in all rights related therewith,
the Executive is entering into this Undertaking as a condition to Executive’s employment with the Company and undertakes
to comply with this Undertaking in accordance with its terms.

 

References
herein to the term the “Company” (except for the purposes of Section 3.3 below) shall include any of the Company’s
direct or indirect parent, subsidiary and affiliated companies, and their respective successors and assignees.

 

 1. Confidential Information

 

1.1.
For the purpose of this Undertaking, “Confidential Information” shall include, all information (whether or
not marked or designated as confidential, excluding public information, as long as such information has not become public as
a result of the Executive’s breach of his undertakings set forth under this Exhibit B), related to the Company,
including all information concerning trade secrets, know-how, technology, products (including products under development),
research and development, trials, formulae, processes, intellectual property, business, assets, financial condition,
agreements and engagements, obligations, activities, marketing and promotion, plans (including business and financial),
strategies, policies, forecasts, customers, suppliers, business partners, information related to third parties with whom the
Company has undertaken to hold information of such party in confidence and any other information related to the
Company’s employees, consultants, officers, directors, and shareholders, which are disclosed to or come into the
Executive’s possession during the term of his employment and in connection with his employment with the Company.
Confidential Information includes information in any form whatsoever, including written, oral or magnetic or electronic
media.

 

1.2.
During the term of the Executive’s employment and at any time after termination or expiration thereof, indefinitely,
the Executive shall keep in strict confidence, shall safeguard, and shall not disclose to any third party, nor use for the
benefit of any party other than the Company and according to the Company’s instructions, Confidential Information. The
Executive acknowledges that the Executive’s employment by the Company and the access to Confidential Information
creates a relationship of confidence and trust with respect to such Confidential Information.

 

1.3.
The Executive declares that he/she is aware that the Confidential Information is the sole and exclusive property of the
Company (or of a third party to whom the Company has undertaken to hold information of such party in confidence). Without
derogating of the foregoing, the Executive agrees that all information made, collected, processed, received, held or used by
the Executive in connection with the Executive’s employment by the Company (“Materials”), shall be
the Company’s sole and exclusive property and shall be deemed to be Confidential Information. The Materials and
anything related to them shall be returned by the Executive to the Company upon termination of the Executive’s
employment, or immediately at any earlier time at the request of the Company, without the Executive retaining any copies
thereof and without the Executive having any lien on any such Materials. The Executive shall not remove from the
Company’s offices or premises any Materials unless and to the extent necessary in connection with the Executive’s
duties and responsibilities and permitted pursuant to the Company’s policies In the event that any such Materials are
removed from the Company’s offices or premises, Executive shall take all reasonable actions in order to secure the
confidentiality of such Materials and shall return the Materials to their proper files or location as promptly after such
use.

 

1.4.
As part of the Executive’s employment, the Executive will not use or disclose any confidential information and/or trade
secrets, belonging to any third parties including former employers to whom the Executive has an obligation of confidentiality
and/or non-use (including any academic institution or any entity related thereto).

 

    	 	 	 

    	 	-11-	 

    

 

 2. Unfair Competition and Non-Solicitation

 

2.1.
The Executive undertakes that during the term of employment and for a period of twelve (12) months following termination of
the Executive’s employment with the Company for whatever reason, the Executive shall not engage, establish, open or in
any manner whatsoever become involved (directly or indirectly, either as an employee or otherwise), in any business,
occupation, work or any other activity anywhere in the world, which competes with the Company’s business as conducted
during the term of employment or which may compete with the Company’s business as planned to be conducted, to the
Executive’s knowledge, at the time of termination of Executive’s employment (the “Company’s
Business”). The Executive hereby confirms that the engagement, establishment, opening or involvement, in any
business, occupation, work or any other activity which competes with the Company’s Business, is likely to require the
use of all or a portion of the Confidential Information.

 

2.2.
The Executive acknowledges that in light of the Executive’s position with the Company and in view of the
Executive’s exposure to Confidential Information the provision of this Section 2 are reasonable and necessary to
legitimately protect the Confidential Information, that is considered a major asset of the Company, and are being undertaken
by the Executive as a condition to the employment of the Executive by the Company. The Executive confirms that the Executive
has carefully reviewed the provisions of this Section 2, fully understands the consequences thereof and agrees to what is
stated therein, and has assessed the respective advantages and disadvantages thereto of entering into this Undertaking and,
that he/she is financially capable of undertaking such restrictions.

 

2.3.
The Executive hereby declares that he/she is aware that the Salary (as detailed in the Employment Agreement to which this
Undertaking is attached) contains additional consideration in exchange for the Executive fully undertaking this non-compete
provision.

 

2.4.
The Executive undertakes that during the term of employment with the Company and for a period of twelve (12) months
thereafter the Executive shall not, directly or indirectly, solicit any employee of the Company to terminate or reduce the
scope of such employee’s employment with the Company and shall not hire such employee at any third party. In addition,
the Executive shall not, directly or indirectly, solicit or induce, or attempt to solicit or induce, any consultant, service
provider, agent, distributor, customer or supplier of the Company to terminate, reduce or modify the scope of such
person’s engagement with the Company.

 

 3. Ownership of Intellectual Property

 

3.1.
The Executive will deliver to the Company, in writing, all Business Intellectual Property, as defined below, immediately upon
its discovery, acceptance, creation or invention, as the case may be.

 

3.2.
For the purpose of this Undertaking, the term “Intellectual Property” shall include all kinds of
intellectual property, service inventions, discoveries, developments, improvements, formulae, processes, algorithm, codes
(either in a binary or in a source configuration), research, know-how, technology, ideas, trade secrets, Digital and Social
Media Assets (and all whether or not patentable or registerable under copyright or any similar laws), and the term
“Business Intellectual Property” shall include all Intellectual Property which is or was created,
invented, performed, developed or raised as an idea or implemented or learned by the Executive, either personally or together
with others, in the course of Executive’s employment with the Company and in connection therewith and that in each
case, is one of the following: (i) related, directly or indirectly to any field of business, activity, technology or
operation in which the Company engages or intends to engage, from time to time, or any product or service that the Company
provides or intends to provide from time to time; (ii) was created, invented or developed during the work hours of the
Company or using any facilities, equipment or material (including Material) of the Company, or (iii) is based upon or in any
way use, implement or exploit any Intellectual Property or Confidential Information of the Company or that was made available
to the Company by a third party. For the purpose of this Undertaking the term “Digital and Social Media
Assets” means pages, accounts, databases or profiles in all media, platform or service (including any social
network, internet website and/or application) created during the term of the Executive’s employment with the Company
and in connection therewith per the Company’s request or within the scope of the Executive’s employment with the
Company, whether explicit or not, contact information or login, and any other information necessary or useful to provide full
access to pages, accounts, databases and profiles as stated, correspondence on any digital platform, user networks,
connections, information or statistics on followers and users, content, publications and any other information, rights and
data required to manage and operate any of the foregoing assets.

 

    	 	 	 

    	 	-12-	 

    

 

3.3.
The Executive agrees that all the Business Intellectual Property is, upon invention, development, formulation as an idea,
implementation or creation, the sole property of the Company and its assignees, and the Company and its assignees shall be
the sole owner of all title, right and interest in and to any patents, copyrights, trade secrets and all other rights of any
kind or nature, including moral rights, in connection with such Business Intellectual Property. The Executive hereby
irrevocably and unconditionally assigns to the Company all the following rights with respect to any and all Business
Intellectual Property: (i) all title, rights and interest in and to any patents, patent applications, and patent rights,
including any and all continuations or extensions thereof; (ii) rights associated with works of authorship, including
copyrights and copyright applications, Moral Rights (as defined below) and mask work rights; (iii) rights relating to the
protection of trade secrets and confidential information; (iv) design rights and industrial property rights; (v) any and all
other title, right or interest; and (vi) all rights to sue for any infringement of any of the foregoing rights and the right
to all income, royalties, damages and payments with respect to any of the foregoing rights. Executive also hereby forever
waives and agrees never to assert any and all Moral Rights Executive may have in or with respect to any Business Intellectual
Property, even after termination of employment on behalf of the Company and agrees never to sue with respect to such Moral
Rights. “Moral Rights” means any right to claim authorship of a work, any right to object to any
distortion or other modification of a work, and any similar right, existing under the law of any country in the world, or
under any treaty.

 

3.4.
The Executive has indicated below (if any), a list describing all Intellectual Property made or conceived by or belonging to
the Executive, whether made solely by the Executive or jointly with others, that: (i) was developed by the Executive prior to
the Executive’s engagement with the Company (collectively, “Prior Intellectual Property Rights”),
(ii) relates to the Company’s actual or proposed business, products or research and development, and (iii) is not
assigned to the Company hereunder. If the list below is incomplete or if no such list is indicated, the Executive represents
that there are no such Prior Intellectual Property Rights. With respect to any invention not specifically indicated by the
Executive in the list under this Section 3.4, the Executive acknowledges and undertakes that he/she shall not raise any claim
with respect to Prior Intellectual Property Rights. In addition, (a) if the Executive includes Prior Intellectual Property
Rights in the Business Intellectual Property and/or in any other product that will be provided to the Company by the
Executive according to this Undertaking or the Executive’s employment agreement, and/or (b) if Prior Intellectual
Property Rights are required in order to use and utilize Business Intellectual Property and/or any other product that will be
provided to the Company by the Executive according to this Undertaking or the Executive’s employment agreement, in each
case, the Executive undertakes to notify the Company in advance and in writing and the Executive hereby grants the Company,
an irrevocable license, unlimited in time and place license, transferable and assignable and sub-license, to use and utilize
in any manner and for the Company’s business activities all the Prior Intellectual Property Rights, without any payment
or additional consideration.

 

3.5.
The Executive undertakes to perform, during his/her employment period, and for an unlimited period, thereafter, all
reasonable acts that the Company shall reasonably request or demand, and to assist the Company in any reasonable manner asked
for, at the Company’s expense, without any additional compensation (other than reasonable compensation for the
Executive’s time following termination of his employment), in obtaining, maintaining, defending and enforcing the
rights in the Business Intellectual Property in any and all countries. Such acts may include, but are not limited to,
execution of documents and assistance or cooperation in legal proceedings. The Executive hereby irrevocably designates and
appoints the Company or its duly authorized officers and agents, as the Executive’s agents and attorneys-in-fact to act
for and on the Executive’s behalf and instead of the Executive, to execute and file any documents and to do all other
lawfully permitted acts to further the above purposes in any and all countries.

 

3.6.
Without derogating from the generality of this Undertaking, the Executive undertakes not make any use of the Company’s
name, and shall not register, open or maintain in or related to the Company’s name, any Digital and Social Media Asset,
unless approved in advance and upon request of the Company. Upon termination of the Executive’s employment (or,
earlier, upon the Company’s first request), the Executive shall transfer to the Company, or upon the Company’s
request, close, delete or otherwise discontinue the operation of, all Digital and Social Media Assets. The Executive shall
disclose to the end users of any Digital and Social Media Asset (including users and followers) the Company’s sole
ownership of such Digital and Social Media Asset.

 

    	 	 	 

    	 	-13-	 

    

 

3.7.
The Executive undertakes not to disclose, not to copy and not to make any use of any data, asset or confidential or personal
document (e.g. protected under privacy laws), or trade secrets, copyrights or any other intellectual property, belonging to
any other person or body (including former employer or any academic institute), and not to bring to the Company’s
offices any asset, property rights or any confidential information of any person or body, unless such asset, right or
information is allowed, by a written consent, by the owner of such asset, right or information and a copy of such consent was
provided to the Company in advance.

 

3.8.
The Executive undertakes to ensure, when publishing or using a photograph or part of another creation in the course of his
employment with the Company or in connection therewith that there is permission from the owner of the photograph or the
creation to publish it or use it, and that credit be granted to the photographer or the creator.

 

3.9.
To the extent the Executive shall have right in the Business Intellectual Property that is not transferable to the Company,
the Executive explicitly waives any such right, including Moral Rights, and undertakes that he/she shall not take any legal
action for the purpose of enforcing any such right, as may be. The Executive acknowledges that he shall not be entitled to
any monetary consideration or otherwise beyond the consideration explicitly set forth in the Employment Agreement to which
this Undertaking is attached or beyond any special agreement or arrangement with respect to the matters set forth herein,
memorialized in writing, and duly signed by the Company. Without derogating from the generality of the foregoing, the
Executive hereby irrevocably confirms that the consideration explicitly set forth in the Employment Agreement to which this
Undertaking attached, is in lieu of any rights Executive may be entitled to under applicable law for compensation that may
arise in connection with Business Intellectual Property rights. The Executive hereby irrevocably waives any right to claim
royalties or other consideration with respect to Business Intellectual Property rights. In addition, the Executive explicitly
waives any right he/she may have to royalties with respect to service inventions, including under Section 134 of the Israeli
Patent Law. With respect to the aforesaid, any written or oral understanding, communication or agreement with respect to the
matters set forth herein, not memorialized in writing and duly signed by the Company, shall be void. The Executive’s
obligations pursuant to this Section 3.9 shall remain in effect even after termination of the engagement between the
Executive and the Company, for any reason, and without any time limit.

 

 4. General

 

4.1.
The Executive represents that by performing of all the terms of this Undertaking and Executive’s duties as an employee
of the Company, the Executive shall not be in breach of any right of a former employer (including any academic institution or
any entity related thereto) or undertaking with respect to intellectual property assignment, proprietary information,
non-compete, confidentiality or similar undertakings. The Executive acknowledges that the Company relies on this
representation in its decision to employ the Executive in the Company.

 

4.2.
The Executive agrees that the provisions of this Undertaking which serve as an integral part of the terms of the
Executive’s employment, are reasonable and required in order to protect the Company’s legitimate interests with
respect to the subject matter hereof.

 

4.3.
The Executive acknowledges that in the event of a breach of any provision of this Undertaking, the Company may suffer
irreparable damages and therefore, will be entitled to injunctive relief to enforce this Undertaking (without derogating from
other remedies to which the Company shall be entitled in this case according to any law).

 

4.4.
If any provision of this Undertaking is determined by any court of competent jurisdiction to be invalid or unenforceable in
any respect, such provision will be enforced to the maximum extent possible given the intent of the parties hereto. If such
provision cannot be so enforced, such provision shall be deemed to have been amended so that the parts which have been
determined as invalid or unenforceable, shall be stricken from this Undertaking only with respect to such jurisdiction in
which such provision cannot be enforced. In addition, if any particular provision contained in this Undertaking shall for any
reason be held to be excessively broad as to duration, geographical scope, activity or subject, it shall be construed by
limiting and reducing the scope of such provision so that the provision is enforceable to the fullest extent compatible with
applicable law as shall be from time to time.

 

    	 	 	 

    	 	-14-	 

    

 

4.5.
The provisions of this Undertaking shall continue and remain in full force and effect following the termination or expiration
of the employment relationship between the Company and the Executive, for whatever reason. This Undertaking shall not, in any
manner, derogate from any of the Executive’s obligations and liabilities under any applicable law.

 

4.6.
The Executive hereby consents that, following the termination or expiration of the employment relationship hereunder, the
Company may notify the Executive’s new employer about the Executive’s rights and obligations under this
Undertaking.

 

4.7.
This Undertaking constitutes the entire agreement between the Executive and the Company with respect to the subject matter
hereof. Any addition, amendment or waiver of any obligation under this Undertaking shall be enforceable only if set forth in
a writing and signed also by the Company. A waiver by the Company of the Executive’s undertaking shall constitute
one-time waiver and shall not constitute precedent nor create any presumption regarding any similar, different or other
case.

 

4.8.
This Undertaking and the rights and obligations thereunder, will be binding upon and inure to the benefit of the
parties’ respective successors and assignees. The Company may assign all or part of its rights under this Undertaking
to any successor in interest to all or substantially all of its assets or to the surviving entity in a merger to which the
Company is a party. The Executive may not assign or otherwise transfer its obligations under this Undertaking, except with
the prior written consent of the Company.

 

List
under Section 3.4 of this Undertaking (if any): _______________________________

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