Document:

ex105.htm

    
      Exhibit
10.5

       

      REF:
F:/Sadot/PimiMarion/Addendum_Nimrod/BSR/3.5.09

      [TRANSLATED
FROM THE HEBREW]

       

       

      ADDENDUM
TO PERSONAL CONTRACT OF EMPLOYMENT

       

      Made in
________________ this _____ day of _____________ 2009

       

       

      BETWEEN:                                                    Pimi
Agro Cleantech Ltd, private company no. 513497123

      of PO Box 117, Hozot
Alonim 30049

      (hereinafter referred to
as “the Company”)

       

      of
the one part

       

      AND:                                                              
Nimrod Ben Yehuda, ID No. 051795631

      of
______________________________

      (hereinafter referred to
as “the Employee”)

       

      of
the other part

       

      
        
          
            	
                    WHEREAS

                  	
                    a
      personal contract of employment (hereinafter referred to as “the contract
      of employment”) was made between the parties on 13th November 2005, the
      Employee being employed in the capacity of chief technology
      manager;

                  
	 	 
	      
                    AND
      WHEREAS

                  	      
                    the
      parties wish to modify and augment the contract of employment as provided
      in this addendum to the contract of employment (hereinafter referred to as
      “the addendum”);

                  
	 	 
	AND
      WHEREAS	      
                    the
      parties wish to set out in writing what is agreed between
      them.

                  

          

        

      

       

      NOW
THEREFORE IT IS WARRANTED, PROVIDED AND AGREED BETWEEN THE PARTIES AS
FOLLOWS:

       

      
        	
                1.

              	
                Introduction

              

      

       

      
        	
                 
      

              	
                1.1

              	
                The
      recitals to this addendum constitute an integral part of
    it.

              

      

       

      
        	
                 
      

              	
                1.2

              	
                The
      provisions of the addendum constitute an integral part of the contract of
      employment. It is hereby expressed that in the event of any discrepancy or
      ambiguity between the provisions of the addendum and those of the contract
      of employment, the provisions of this addendum shall
  apply.

              

      

       

       

      
        
           

        

        
          1

          
            

          

        

        
           

        

      

       

       

      
        	
                 
      

              	
                1.3

              	
                The
      Employee acknowledges that a condition precedent to the Company’s agreeing
      to modify the contract of employment is his undertaking to comply in full
      with all the terms and conditions of the addendum and the contract of
      employment.

              

      

       

      
        	
                2.

              	
                Wages
      and Social Benefits

              

      

       

      
        	
                 
      

              	
                2.1

              	
                Clause
      3.6(l) shall be added to the contract of employment as follows
      -

              

      

       

      
        	
                 
      

              	
                “3.6
      (1)

              	
                During
      the term of the agreement and subject to all the statutes, laws and
      temporary provisions in force from time to time, the following terms and
      conditions shall apply -

              

      

       

      
        	
                 
      

              	
                All
      the payments that have been and are in future made by the Company to the
      policy shall be in place of the severance pay that is in future due to the
      Employee or his survivors from the Company in respect of the wages from
      which the said payments were made and for the period during which they
      were made (hereinafter referred to as “the exempt wages”), and the
      Employee hereby grants his consent thereto in accordance with section 14
      of the Severance Pay Law, 5723-1963 (hereinafter referred to as “the
      Law”). The parties hereby adopt the General Confirmation with Regard to
      Employers’ Payments to a Pension Fund and Insurance Fund Instead of
      Severance Pay pursuant to section 14 of the Law, as published in
      Government Notices no. 4659 of 30th June 1998 and annexed hereto as
      appendix “A”.

              

      

       

      
        	
                 
      

              	
                The
      Company waives in advance every right that it might in future have for the
      reimbursement of funds from its payments, unless the Employee’s right to
      severance pay is invalidated in a judgment by virtue of sections 16 or 17
      of the Law, and insofar as invalidated or the Employee has drawn monies
      from the pension fund or insurance fund otherwise than by reason of an
      entitling event. For the purpose hereof, ‘entitling event’ means death,
      disability or retirement at the age of 60 or
  more.

              

      

       

      
        	
                 
      

              	
                The
      a foregoing is not such as to derogate from the Employee’s right to
      severance pay in accordance with the Law, a collective agreement,
      extension order or contract of employment, in respect of wages in excess
      of the exempt wage.

              

      

       

      
        	
                3.

              	
                Miscellaneous

              

      

       

      
        	
                 
      

              	
                3.1

              	
                It
      is hereby expressed that the other provisions of the contract of
      employment shall remain unchanged.

              

      

       

      
        	
                 
      

              	
                3.2

              	
                The
      parties agree that all the other provisions of the contract of employment,
      insofar as not expressly modified in this agreement, shall apply to the
      addendum.

              

      

       

       

      AS
WITNESS THE HANDS OF THE PARTIES

       

      
        
          	 	 	 	 	 
	
                   

                	 	 	
                   

                	 
	
                        
                    The
      Company  

                  

                	 	 	
                  The
      Employee

                	 
	
                   

                	 	 	
                   

                	 

        

      

       

       

       

      
        
           

        

        
          2

          
            

          

        

        
           

        

      

       

                                                                                                               

      Appendix
“A”

       

      Set out
below is a consolidated version of the General Confirmation of 9th June 1998, as
published in Government Notices 4659 on 30th June 1998, as amended on 23rd
August 1999 and published in Government Notices 4803 on 19th September 1999 and
as amended and published in Government Notices 4970 on 12th March 2001
-

       

      By virtue
of my power under section 14 of the Severance Pay Law, 5723-1963 (hereinafter
referred to as “the Law”), I confirm that payments made by an employer from the
date of this confirmation’s publication in respect of his employee for a
comprehensive pension in a provident fund that is not an insurance fund within
the meaning thereof in the Income Tax (Rules For The Approval And Management Of
Provident Funds) Regulations, 5724-1964 (hereinafter referred to as “pension
fund”), or for executive insurance that includes the possibility of a pension or
a combination of payments to a pension plan and to a plan that is not a pension
in such insurance fund (hereinafter referred to as “insurance fund”), including
payments made by him that are a combination of payments to a pension fund and to
an insurance fund,  whether or not the insurance fund includes a
pension plan (hereinafter referred to as “the employer’s payments”), shall
replace the severance pay that is due to the said employee in respect of the
wage from which the said payments were made and for the period that they were
made (hereinafter referred to as “the exempt wage”), provided that all the
following have been fulfilled -

       

      
        	
                (1)

              	
                The
      employer’s payments -

              

      

       

      
        	
                 
      

              	
                (a)

              	
                to
      a pension fund are not less than 141/3% of
      the exempt wage or 12% of the exempt wage if in addition thereto the
      employer also makes payments in respect of his employee to supplement
      severance pay to a provident severance fund or to an insurance fund in the
      employee’s name at a rate of 21/3% of
      the exempt wage. Should the employer not also pay 21/3% as
      aforesaid in addition to the 12%, his payments shall only replace 72% of
      the employee’s severance pay;

              

      

       

      
        	
                 
      

              	
                (b)

              	
                to
      an insurance fund are not less than one of the
  following:

              

      

       

      
        	
                 
      

              	
                (1)

              	
                131/3% of
      the exempt wage, if in addition thereto the employer also makes in respect
      of the employee payments to secure a monthly income in the event of loss
      of working capacity in a plan that has been approved by the Ministry of
      Finance’s Director of the Capital, Insurance and Savings Market at the
      rate necessary to secure at least 75% of the exempt wage or at the rate of
      21/2% of
      the exempt wage, whichever is the lesser (hereinafter referred to as
      “payment for loss of working capacity
  insurance”);

              

      

       

      
        	
                 
      

              	
                (2)

              	
                11%
      of the exempt wage, if in addition the employer has also made payment for
      loss of working capacity insurance and in such event the employer’s
      payments shall only replace 72% of the employee’s severance pay; if in
      addition to those payments, the employer has also made payments for
      supplementing severance pay to a provident severance fund or to an
      insurance fund in the employee’s name at the rate of 21/3% of
      the exempt wage, the employer’s payments shall replace 100% of the
      employee’s severance pay.

              

      

       

      
        	
                (2)

              	
                By
      no later than three months from the start of making the employer’s
      payments, a written agreement is made between the employer and the
      employee containing -

              

      

       

      
        	
                 
      

              	
                (a)

              	
                the
      employee’s agreement to the arrangement pursuant to this confirmation in
      terms detailing the employer’s payments and the pension fund and insurance
      fund, as the case may be; the said agreement shall also contain the terms
      of this confirmation;

              

      

       

      
        	
                 
      

              	
                (b)

              	
                the
      employer’s waiver in advance of any right he might have to a refund from
      his payments, unless the employee’s right to severance pay is invalidated
      in a judgment by virtue of section 16 or 17 of the Law and insofar as
      invalidated, or the employee has drawn funds from the pension fund or
      insurance fund otherwise than by reason of an entitling occurrence; for
      the purpose hereof “entitling occurrence” means death, disability or
      retirement at the age of 60 or
more.

              

      

       

      
        	
                (3)

              	
                This
      confirmation is without derogation from the right of an employee to
      severance pay, in accordance with the Law, a collective agreement,
      extension order or contract of employment, in respect of wages in excess
      of the exempt wage.

              

      

       

       

      Eliyahu
Yishai

      Minister
of Labour & Social Affairs

       

      3ex106.htm

    Exhibit 10.6

    PIMI
AGRO CleanTech

     

    Pimi
Marion Holdings Ltd

    PO Box
117, Kibbutz Alonim

     

    6th
January 2009

     

    Prof.
Ilan Het

    2
Huberman Street

    Tel
Aviv

     

     

    Dear
Sir,

     

    Commission
Arrangement

     

    I hereby
confirm that insofar as you procure an investment in our company, you will be
entitled to commission at the following rates -

     

    
      	
              (a)

            	
              Commission
      at the rate of 5% of any cash investment in our company up to
      US$ 1 million.

            

    

     

    
      	
              (b)

            	
              Insofar
      as the investment exceeds $ 1 million, brokerage commission will
      be paid on the additional investment in excess of $ 1 million,
      as follows:

            

    

     

    
      	
               
      

            	
              on
      the second million dollars or part thereof -
4%;

            

    

    
      	
               
      

            	
              on
      the third million dollars or part thereof -
3%;

            

    

    
      	
               
      

            	
              on
      any addition from the fourth million dollars or above -
  2%.

            

    

     

    
      	
              (c)

            	
              If
      the investment is raised or the transaction performed in stages, the
      brokerage commission will be paid on each stage at the time it is
      performed in accordance with paragraphs (a) and (b) above, based on the
      aggregate amounts of all the stages
together.

            

    

     

    
      	
              (d)

            	
              All
      the amounts will be subject to the addition of VAT on and against a due
      tax invoice.

            

    

     

    
      	
              (e)

            	
              In
      addition, you will be entitled to join the investor by investing in our
      company a maximum amount of up to 5% of the capital being invested in the
      company on the same terms as granted to the investor by our company. That
      option is effective for half a year from the date of the investment,
      subject to the period and the investment will also be approved by the
      investor.

            

    

     

    Yours
faithfully,

     

     

    Yuval
Sela, General Manager

    Pimi Agro
CleanTech Ltd

     

    Confirmation

     

    I hereby
agree to and accept your offer as set out above.

     

    (Signed)                                                                           6th
January 2009

    _______________                                                          _______________

    Prof.
Ilan
Het                                                                   Date

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