Document:

Exhibit
10.7

 

FORM
OF

 

NON-COMPETITION
AND NON-SOLICITATION AGREEMENT

 

THIS
NON-COMPETITION AND NON-SOLICITATION AGREEMENT (this “Agreement”) is made and entered into as of [__], 2022
and shall be effective as of the Closing Date and subject to the condition that the Closing occurs, by and between Newsight Imaging
Ltd., an Israeli company (the “Company”) and [insert name of applicable executive] (the “Subject
Party”), in favor of and for the benefit of the Company and each of the Company’s Affiliates, successors, and direct
and indirect Subsidiaries (collectively with the Company, the “Covered Parties”). Any capitalized term used,
but not defined in this Agreement will have the meaning ascribed to such term in the Business Combination Agreement (as defined below).

 

WHEREAS,
on the date hereof, (i) the Company, (ii) Newsight MergerSub, Inc., Delaware corporation and a wholly-owned subsidiary of the Company
(“Merger Sub”) and (iii) Vision Sensing Acquisition Corp., a Delaware corporation (“VSAC”),
closed on that certain Business Combination Agreement dated as of August 30, 2022 (as amended from time to time in accordance with the
terms thereof, the “Business Combination Agreement”), pursuant to which the parties thereto intend to effect
the merger of Merger Sub with and into VSAC, with VSAC continuing as the surviving entity and a wholly-owned subsidiary of the Company
(the “Merger”);

 

WHEREAS,
as of the Closing Date, the Company is a leading semiconductor company for 3D CMOS and spectral image sensor chips (the “Business”);

 

WHEREAS,
in connection with, and as a condition to the consummation of the Merger and the other transactions contemplated thereby (the “Transactions”),
and to enable the Company and VSAC to secure more fully the benefits of the Transactions, including the protection and maintenance of
the goodwill and confidential information of the Company, the Company has required that the Subject Party enter into this Agreement;

 

WHEREAS,
the Subject Party is entering into this Agreement in order to induce VSAC and the Company to consummate the Transactions, pursuant to
which the Subject Party acknowledges and agrees (i) it will receive a substantial benefit in consideration for, among other things, its
agreement to enter into this Agreement, and, in particular, the undertakings and restrictions contained in this Agreement, and (ii) such
undertakings and restrictions are necessary to protect the investment in the Company’s trade secrets and confidential and proprietary
information, and the breach by Subject Party thereof will result in considerable damages to the Company, VSAC and their Affiliates; and

 

WHEREAS,
the Subject Party, as an executive officer or stockholder of the Company, (i) has contributed to the value of the Company and has obtained
extensive and valuable knowledge and confidential information concerning the business of the Company, and (ii) has also developed significant
goodwill and know-how that is now a significant part of the value of the Business;

 

NOW,
THEREFORE, in order to induce VSAC and the Company to consummate the Transactions, and for other good and valuable consideration,
the receipt and sufficiency of which are hereby acknowledged, the Company and the Subject Party hereby agrees as follows:

 

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1.
Restriction on Competition.

 

(a)
Restriction. The Subject Party hereby agrees that during the period from the Closing until the four (4) year anniversary of the
Closing Date (the “Termination Date,” and such period from the Closing until the Termination Date, the “Restricted
Period”), the Subject Party will not, and will cause its Affiliates not to, without the prior written consent of the Company
(which may be withheld in its sole discretion), (i) anywhere in Israel or in the United States and (ii) in any other jurisdictions in
which the Covered Parties are engaged in the Business, or are actively contemplating to become engaged, as of the Closing Date or during
the Restricted Period (clauses (i) and (ii), collectively, the “Territory”), directly or indirectly engage
in the Business (other than through a Covered Party) or own, manage, finance, or control, or participate in the ownership, management,
financing, or control of, or become engaged or serve as an officer, director, member, partner, employee, agent, consultant, advisor,
or representative of, a business or entity (other than a Covered Party) that engages in the Business and develops or makes a product
which is competitive with the Company’s existing and proposed products and technology (a “Competitor”).
Notwithstanding the foregoing, the Subject Party and its Affiliates may (i) own passive investments of no more than two percent (2%)
of any class of outstanding equity interests in a Competitor that is publicly traded, so long as the Subject Party and its Affiliates
and immediate family members are not involved in the management or control of such Competitor, (ii) work for or advise a division, entity
or subgroup of any entity that engages in the Business so long as such division, entity or subgroup does not engage in the Business and,
(iii) with respect to a Subject Party whose principal occupation is as a professional service provider (e.g. as an attorney or accountant),
providing such professional services (e.g. legal or accounting services) to any Person or entity (“Permitted Activity”).

 

(b)
Acknowledgment. The Subject Party acknowledges and agrees, that (i) the Subject Party possesses knowledge of confidential information
of the Company and the Business, (ii) the Subject Party’s execution of this Agreement is a material inducement to VSAC and the
Company to enter into the Business Combination Agreement and consummate the Transactions and to realize the goodwill of the Company,
for which the Subject Party and/or its Affiliates will receive a substantial direct or indirect financial benefit, and that VSAC and
the Company would not have entered into the Business Combination Agreement or consummated the Transactions but for the Subject Party’s
agreements set forth in this Agreement, (iii) it would substantially impair the goodwill of the Company and materially reduce the value
of the assets of the Company and cause serious and irreparable injury if the Subject Party were to use its ability and knowledge by engaging
in the Business in competition with a Covered Party, and/or to otherwise breach the obligations contained herein and that the Covered
Parties would not have an adequate remedy at law because of the unique nature of the Business, (iv) the Subject Party and its Affiliates
have no intention of engaging in the Business (other than through the Covered Parties) during the Restricted Period other than through
Permitted Activity, (v) the relevant public policy aspects of restrictive covenants, covenants not to compete, and non-solicitation provisions
have been discussed, and every effort has been made to limit the restrictions placed upon the Subject Party to those that are reasonable
and necessary to protect the Covered Parties’ legitimate interests, (vi) the Covered Parties conduct and intend to conduct the
Business everywhere in the Territory and compete with other businesses that are or could be located in any part of the Territory, (vii)
the foregoing restrictions on competition are fair and reasonable in type of prohibited activity, geographic area covered, scope, and
duration, (viii) the consideration provided to the Subject Party under this Agreement and the Business Combination Agreement is not illusory,
and (ix) such provisions do not impose a greater restraint than is necessary to protect the goodwill or other business interests of the
Covered Parties.

 

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2.
No Solicitation; No Disparagement.

 

(a)
No Solicitation of Employees and Consultants. The Subject Party agrees that, during the Restricted Period, the Subject Party will
not, and will not permit its Affiliates to, without the prior written consent of the Company (which may be withheld in its sole discretion),
either on its own behalf or on behalf of any other Person (other than, if applicable, a Covered Party in the performance of the Subject
Party’s duties on behalf of the Covered Parties), directly or indirectly: (i) hire or engage as an employee, independent contractor,
consultant, or otherwise any Covered Personnel (as defined below); (ii) solicit, induce, encourage, or otherwise knowingly cause (or
attempt to do any of the foregoing) any Covered Personnel to leave the service (whether as an employee, consultant, or independent contractor)
of any Covered Party; or (iii) in any way interfere with or attempt to interfere with the relationship between any Covered Personnel
and any Covered Party; provided, however, the Subject Party and its Affiliates will not be deemed to have violated this
Section 2(a) if any Covered Personnel voluntarily and independently solicits an offer of employment from the Subject Party or
any of its Affiliates by responding to a general advertisement or solicitation program conducted by or on behalf of the Subject Party
or any of its Affiliates (or such other Person whom any of them is acting on behalf of) that is not targeted at such Covered Personnel
or Covered Personnel generally, so long as such Covered Personnel are not hired. For purposes of this Agreement, “Covered
Personnel” shall mean any Person who is or was an employee, consultant, or independent contractor of the Covered Parties,
as of the date of the relevant act by the Subject Party which act is subject to this Section 2(a) or during the one (1) year period
preceding such date.

 

(b) 
Non-Solicitation of Customers and Suppliers. The Subject Party agrees that, during the Restricted Period, the Subject Party and
its Affiliates will not, without the prior written consent of the Company (which may be withheld in its sole discretion), individually
or on behalf of any other Person (other than, if applicable, a Covered Party in the performance of the Subject Party’s duties on
behalf of the Covered Parties), knowingly and for a purpose competitive with a Covered Party as it related to the Business: (i) solicit,
induce, encourage, or otherwise knowingly cause (or attempt to do any of the foregoing) any Covered Customer (as defined below) to (A)
cease being, or not become, a client or customer of any Covered Party with respect to the Business or (B) reduce the amount of business
of such Covered Customer with any Covered Party, or otherwise alter such business relationship in a manner adverse to any Covered Party,
in either case, with respect to or relating to the Business; (ii) interfere with or disrupt (or attempt to interfere with or disrupt)
the contractual relationship between any Covered Party and any Covered Customer; (iii) divert any business with any Covered Customer
relating to the Business from a Covered Party; (iv) solicit for business, provide services to, engage in or do business with, any Covered
Customer for products or services that are part of the Business; or (v) interfere with or disrupt (or attempt to interfere with or disrupt),
any Person that was a vendor, supplier, distributor, agent, or other service provider of a Covered Party at the time of such interference
or disruption. For purposes of this Agreement, a “Covered Customer” shall mean (x) any Person who is or was
an actual customer or client (or prospective customer or client with whom a Covered Party actively marketed or made or taken specific
action to make a proposal) of a Covered Party, as of the date of the relevant act by the Subject Party which act is subject to this Section
2(b) or during the one (1) year period preceding such date.

 

(c) 
Mutual Non-Disparagement. The Subject Party and the Covered Parties each agrees that from and after the Closing until the end
of the Restricted Period, neither will, and each will cause its respective Affiliates not to, directly or indirectly engage in any conduct
that involves the making or publishing (including through electronic mail distribution or online social media) of any written or oral
statements or remarks (including the repetition or distribution of derogatory rumors, allegations, negative reports, or comments) that
are disparaging, deleterious, or damaging to the integrity, reputation, or good will of the other or their respective management, officers,
employees, independent contractors, or consultants. Notwithstanding the foregoing, subject to Section 3 below, the provisions
of this Section 2(c) shall not restrict the Subject Party or the Covered Parties from providing truthful testimony or information
in response to a subpoena or investigation by a Governmental Authority or in connection with any legal action under this Agreement, the
Business Combination Agreement, or any other Ancillary Document that is asserted in good faith.

 

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3.
Confidentiality. From and after the Closing Date, the Subject Party will, and will cause its Representatives (as defined in the Business
Combination Agreement) to, keep confidential and not (except, if applicable, in the performance of the Subject Party’s duties on
behalf of the Covered Parties) directly or indirectly use, disclose, reveal, publish, transfer, or provide access to, any and all Covered
Party Information without the prior written consent of the Company (which may be withheld in its sole discretion). As used in this Agreement,
“Covered Party Information” means all material and information relating to the Business, including material
and information that concerns or relates to such Covered Party’s bidding and proposal, technical, computer hardware or software,
administrative, management, operational, data processing, financial, marketing, sales, human resources, business development, planning,
and/or other business activities, regardless of whether such material and information is maintained in physical, electronic, or other
form, that is: (A) gathered, compiled, generated, produced, or maintained by such Covered Party through its Representatives, or provided
to such Covered Party by its suppliers, service providers, or customers; and (B) intended and maintained by such Covered Party or its
Representatives, suppliers, service providers, or customers to be kept in confidence. The obligations set forth in this Section 3
will not apply to any Covered Party Information where the Subject Party can prove that such material or information: (i) is known
or available through other lawful sources not bound by a confidentiality agreement with, or other confidentiality obligation to, any
Covered Party; (ii) is or becomes publicly known through no violation of this Agreement or other non-disclosure obligation of the Subject
Party or any of its Representatives; (iii) is already in the possession of the Subject Party at the time of disclosure through lawful
sources not bound by a confidentiality agreement or other confidentiality obligation as evidenced by the Subject Party’s documents
and records; or (iv) is required to be disclosed pursuant to an order of any administrative body or court of competent jurisdiction (provided
that (A) the applicable Covered Party is given reasonable prior written notice, (B) the Subject Party cooperates (and causes its
Representatives to cooperate) with any reasonable request of any Covered Party to seek to prevent or narrow such disclosure and (C) if
after compliance with clauses (A) and (B) such disclosure is still required, the Subject Party and its Representatives only disclose
such portion of the Covered Party Information that is expressly required by such order, as it may be subsequently narrowed).

 

4.
Representations and Warranties. The Subject Party hereby represents and warrants, to and for the benefit of the Covered Parties as
of the date of this Agreement and as of the Closing Date, that: (a) the Subject Party has full power and capacity to execute and deliver,
and to perform all of the Subject Party’s obligations under, this Agreement; (b) neither the execution and delivery of this Agreement
nor the performance of the Subject Party’s obligations hereunder will result directly or indirectly in a violation or breach of
any agreement or obligation by which the Subject Party is a party or otherwise bound; and (c) the limitations of length of time, geography,
and scope of activity agreed to in this Agreement are reasonable because, among other things, the Company is engaged in a highly competitive
industry, Subject Party has unique access to, and will continue to have access to, the trade secrets and know-how of the Company in the
Business and otherwise, in the event Subject Party’s employment with the Company will end, it would be able to obtain suitable
and satisfactory employment without violation of this Agreement. By entering into this Agreement, the Subject Party certifies and acknowledges
that the Subject Party has carefully read all of the provisions of this Agreement, and that the Subject Party voluntarily and knowingly
enters into this Agreement and has had the opportunity to consult with counsel with respect to this Agreement.

 

5.
Remedies. The covenants and undertakings contained in this Agreement relate to matters which are of a special, unique, and extraordinary
character and a violation of any of the terms of this Agreement may cause irreparable injury, the amount of which may be impossible to
estimate or determine and which cannot be adequately compensated. In the event of any breach or threatened breach of any covenant or
obligation contained in this Agreement, the adversely affected party or parties will be entitled to seek the following remedies (in addition
to, and not in lieu of, any other remedy at law or in equity or pursuant to the Business Combination Agreement or the other Ancillary
Documents that may be available, including monetary damages), and a court of competent jurisdiction may award: (a) an injunction, restraining
order, or other equitable relief restraining or preventing such breach or threatened breach, without the necessity of posting bond or
security, which each party expressly waives; and (b) recovery of reasonable attorneys’ fees and costs incurred in enforcing the
party’s rights under this Agreement. The Subject Party hereby acknowledges and agrees that in the event of any breach of this Agreement,
any value attributed or allocated to this Agreement (or any other non-competition agreement with the Subject Party) under or in connection
with the Business Combination Agreement shall not be considered a measure of, or a limit on, the damages of the Covered Parties.

 

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6.
                                            Survival of Obligations. The expiration of the Restricted Period will not relieve
                                            the Subject Party of any obligation or liability arising from any breach by the Subject Party
                                            of this Agreement during the Restricted Period. The Subject Party further agrees that the
                                            time periods during which the covenants contained in this Agreement will be effective will
                                            be computed by excluding from such computation any time during which the Subject Party is
                                            in violation of any provision of such Sections.

 

7.
Miscellaneous.

 

(a)
Notices. All notices, consents, waivers, and other communications hereunder shall be in writing and shall be deemed to have been
duly given when delivered in person, by facsimile (if a facsimile number is given) email or other electronic means, with affirmative
confirmation of receipt, two (2) Business Days after being sent, if sent by reputable, internationally recognized overnight courier service
that provides evidence of delivery or attempted delivery or four (4) Business Days after being mailed, if sent by registered or certified
mail, pre-paid and return receipt requested, in each case to the applicable Party at the following addresses (or at such other address
for a Party as shall be specified by like notice):

 

	 

                                                                     If
                                            to the Company:

     

    Newsight
    Imaging Ltd.

    Golda
    Meir 3

    P.O.B
    4114 Ness Ziona

    Israel
    7414002.

    Attn: Eli Assoolin, Chief Executive Officer

    Email: eli@nstimg.com
	 	 

                                                                     with
                                            a copy (which will not constitute notice) to:

     

    Attn:
    Barry I. Grossman, Esq.

    Jonathan
    Cramer, Esq.

    Facsimile No.: (212) 370-7889

    Telephone No.: (212) 370-1300

    Email: bigrossman@egsllp.com

    jcramer@egsllp.com

     

    Gross
    & Co.

    One
    Azrieli Center

    Tel
    Aviv 67021, Israel

    Attn.:
    Shlomo Farkas

    Email:
    shlomo@gkh-law.com

     

 

If
to the Subject Party, to: the address set forth below the Subject Party’s name on the signature page to this Agreement

 

(b) 
Integration and Non-Exclusivity. This Agreement, the Business Combination Agreement, and the other Ancillary Documents contain
the entire agreement between the Subject Party and the Covered Parties concerning the subject matter hereof. Notwithstanding the foregoing,
the rights and remedies of the Covered Parties under this Agreement are not exclusive of or limited by any other rights or remedies which
they may have, whether at law, in equity, by contract or otherwise, all of which will be cumulative (and not alternative). Without limiting
the generality of the foregoing, the rights, remedies, obligations, and liabilities of the parties under this Agreement are in addition
to their respective rights, remedies, obligations, and liabilities (i) under the laws of unfair competition, misappropriation of trade
secrets, or other requirements of statutory or common law, or any applicable rules and regulations and (ii) otherwise conferred by contract,
including the Business Combination Agreement and any other written agreement between the Subject Party or its Affiliates and any of the
Covered Parties. Nothing in the Business Combination Agreement will limit any of the obligations, liabilities, rights, or remedies of
the Subject Party or the Covered Parties under this Agreement, nor will any breach of the Business Combination Agreement or any other
agreement between the Subject Party or its Affiliates and any of the Covered Parties limit or otherwise affect any right or remedy under
this Agreement. If any covenant set forth in any other agreement between the Subject Party or its Affiliates and any of the Covered Parties
conflicts or is inconsistent with the terms and conditions of this Agreement, the more restrictive terms will control as to the Subject
Party or its Affiliate, as applicable.

 

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(c) 
Severability; Reformation. Each provision of this Agreement is separable from every other provision of this Agreement. If any
provision of this Agreement is found or held to be invalid, illegal, or unenforceable, in whole or in part, by a court of competent jurisdiction,
then (i) such provision will be deemed amended to conform to applicable laws so as to be valid, legal, and enforceable to the fullest
possible extent, (ii) the invalidity, illegality, or unenforceability of such provision will not affect the validity, legality, or enforceability
of such provision under any other circumstances or in any other jurisdiction, and (iii) the invalidity, illegality, or unenforceability
of such provision will not affect the validity, legality, or enforceability of the remainder of such provision or the validity, legality,
or enforceability of any other provision of this Agreement. The Subject Party and the Covered Parties will substitute for any invalid,
illegal, or unenforceable provision a suitable and equitable provision that carries out, so far as may be valid, legal, and enforceable,
the intent and purpose of such invalid, illegal, or unenforceable provision. Without limiting the foregoing, if any court of competent
jurisdiction determines that any part hereof is unenforceable because of the duration, geographic area covered, scope of such provision,
or otherwise, such court will have the power to reduce the duration, geographic area covered, or scope of such provision, as the case
may be, and, in its reduced form, such provision will then be enforceable. The Subject Party will, at a Covered Party’s request,
join such Covered Party in requesting that such court take such action.

 

(d) 
Amendment; Waiver. This Agreement may not be amended or modified in any respect, except by a written agreement executed by (i)
the Subject Party, (ii) the Company, acting with the approval of a majority of the disinterested independent directors of the Company’s
board of directors (or their respective permitted successors or assigns), and (iii) prior to Closing, VSAC. No waiver will be effective
unless it is expressly set forth in a written instrument executed by the waiving party (and if such waiving party is a Covered Party,
by a majority of the disinterested independent directors of the Company’s board of directors) and any such waiver will have no
effect except in the specific instance in which it is given. Any delay or omission by a party in exercising its rights under this Agreement,
or failure to insist upon strict compliance with any term, covenant, or condition of this Agreement will not be deemed a waiver of such
term, covenant, condition, or right, nor will any waiver or relinquishment of any right or power under this Agreement at any time or
times be deemed a waiver or relinquishment of such right or power at any other time or times.

 

(e) 
Dispute Resolution. Any dispute, difference, controversy, or claim arising in connection with or related or incidental to, or
question occurring under, this Agreement or the subject matter hereof (other than applications for a temporary restraining order, preliminary
injunction, permanent injunction or other equitable relief or application for enforcement of a resolution under this Section 7(e))
(a “Dispute”) shall be governed by this Section 7(e). A party must, in the first instance, provide written
notice of any Disputes to the other parties subject to such Dispute, which notice must provide a reasonably detailed description of the
matters subject to the Dispute. Any Dispute that is not resolved within fifteen business days (the “Resolution Period”)
after the delivery of such notice may immediately be referred to and finally resolved by arbitration pursuant to the then-existing Expedited
Procedures of the Commercial Arbitration Rules (the “AAA Procedures”) of the American Arbitration Association
(the “AAA”). Any party involved in such Dispute may submit the Dispute to the AAA to commence the proceedings
after the Resolution Period. To the extent that the AAA Procedures and this Agreement are in conflict, the terms of this Agreement shall
control. The arbitration shall be conducted by one arbitrator nominated by the AAA promptly (but in any event within five (5) Business
Days) after the submission of the Dispute to the AAA and reasonably acceptable to each party subject to the Dispute, which arbitrator
shall be a commercial lawyer with substantial experience arbitrating disputes under acquisition agreements. The arbitrator shall accept
his or her appointment and begin the arbitration process promptly (but in any event within five (5) Business Days) after his or her nomination
and acceptance by the parties subject to the Dispute. The proceedings shall be streamlined and efficient. The arbitrator shall decide
the Dispute in accordance with the substantive law of the State of New York. Time is of the essence. Each party shall submit a proposal
for resolution of the Dispute to the arbitrator within twenty (20) days after confirmation of the appointment of the arbitrator. The
arbitrator shall have the power to order any party to do, or to refrain from doing, anything consistent with this Agreement, the Ancillary
Documents and applicable Law, including to perform its contractual obligation(s); provided, that the arbitrator shall be limited
to ordering pursuant to the foregoing power (and, for the avoidance of doubt, shall order) the relevant party (or parties, as applicable)
to comply with only one or the other of the proposals. The arbitrator’s award shall be in writing and shall include a reasonable
explanation of the arbitrator’s reason(s) for selecting one or the other proposal. The seat of arbitration shall be in the borough
of Manhattan, New York, New York. The language of the arbitration shall be English.

 

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(f) 
Governing Law; Jurisdiction. This Agreement shall be governed by, construed and enforced in accordance with the Laws of the State
of New York without regard to the conflict of laws principles thereof. Subject to Section 7(e), all Actions arising out of or
relating to this Agreement shall be heard and determined exclusively in any state or federal court located in the Southern District of
New York, New York (or in any appellate courts thereof) (the “Specified Courts”). Subject to Section 7(e),
each party hereto hereby (a) submits to the exclusive jurisdiction of any Specified Court for the purpose of any Action arising out of
or relating to this Agreement brought by any party hereto, (b) irrevocably waives, and agrees not to assert by way of motion, defense
or otherwise, in any such Action, any claim that it is not subject personally to the jurisdiction of the above-named courts, that its
property is exempt or immune from attachment or execution, that the Action is brought in an inconvenient forum, that the venue of the
Action is improper, or that this Agreement or the transactions contemplated hereby may not be enforced in or by any Specified Court and
(c) waives any bond, surety or other security that might be required of any other party with respect thereto. Each party agrees that
a final judgment in any Action shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other
manner provided by Law or in equity. Each party irrevocably consents to the service of the summons and complaint and any other process
in any other action or proceeding relating to the transactions contemplated by this Agreement, on behalf of itself, or its property,
by personal delivery of copies of such process to such party at the applicable address set forth in Section 7(a). Nothing in this
Section 7(f) shall affect the right of any party to serve legal process in any other manner permitted by Law.

 

(g) 
WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW ANY RIGHT IT
MAY HAVE TO A TRIAL BY JURY WITH RESPECT TO ANY ACTION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT
OR THE TRANSACTIONS CONTEMPLATED HEREBY. EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY
OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF ANY ACTION, SEEK TO ENFORCE THAT FOREGOING WAIVER AND (B) ACKNOWLEDGES
THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS
IN THIS SECTION 7(g). ANY PARTY HERETO MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS SECTION 7(g) WITH ANY COURT AS
WRITTEN EVIDENCE OF THE CONSENT OF EACH SUCH PARTY TO THE WAIVER OF ITS RIGHT TO TRIAL BY JURY.

 

(h) 
Successors and Assigns; Third Party Beneficiaries. This Agreement will be binding upon, and will inure to the benefit of the parties,
and their respective successors and assigns. No Covered Party may assign any or all of its rights under this Agreement, at any time,
in whole or in part, to any Person without first obtaining the consent or approval of the Subject Party (which consent shall not be unreasonably
withheld, conditioned or delayed). The Subject Party agrees that the obligations of the Subject Party under this Agreement are specific
to each of them and will not be assigned by the Subject Party. The parties hereto hereby agree that VSAC is an intended third party beneficiary
of this Agreement and may enforce the provisions hereof as though it were a party hereto.

 

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(i) 
Construction. The Subject Party acknowledges that the Subject Party has been represented by counsel, or had the opportunity to
be represented by counsel of the Subject Party’s choice. Any rule of construction to the effect that ambiguities are to be resolved
against the drafting party will not be applied in the construction or interpretation of this Agreement. Neither the drafting history
nor the negotiating history of this Agreement will be used or referred to in connection with the construction or interpretation of this
Agreement. The headings and subheadings contained in this Agreement are for reference purposes only and shall not affect in any way the
meaning or interpretation of this Agreement. In this Agreement: (i) the words “include,” “includes” and “including”
when used herein shall be deemed in each case to be followed by the words “without limitation”; (ii) the definitions contained
herein are applicable to the singular as well as the plural forms of such terms; (iii) whenever required by the context, any pronoun
shall include the corresponding masculine, feminine, or neuter forms, and the singular form of nouns, pronouns, and verbs shall include
the plural and vice versa; (iv) the words “herein,” “hereto,” and “hereby” and other words of similar
import shall be deemed in each case to refer to this Agreement as a whole and not to any particular Section or other subdivision of this
Agreement; (v) the word “if” and other words of similar import when used herein shall be deemed in each case to be followed
by the phrase “and only if”; (vi) the term “or” means “and/or”; and (vii) any agreement or instrument
defined or referred to herein or in any agreement or instrument that is referred to herein means such agreement or instrument as from
time to time amended, modified, or supplemented, including by waiver or consent and references to all attachments thereto and instruments
incorporated therein.

 

(j) 
Counterparts. This Agreement may be executed in one or more counterparts, and by the different parties hereto in separate counterparts,
each of which when executed shall be deemed to be an original but all of which taken together shall constitute one and the same agreement.
A photocopy, faxed, scanned, and/or emailed copy of this Agreement or any signature page to this Agreement, shall have the same validity
and enforceability as an originally signed copy.

 

(k) 
Effectiveness. This Agreement shall be binding upon the Subject Party upon the Subject Party’s execution and delivery of
this Agreement, but this Agreement shall only become effective upon the consummation of the Transactions. In the event that the Business
Combination Agreement is validly terminated in accordance with its terms prior to the consummation of the Transactions, this Agreement
shall automatically terminate and become null and void, and the parties shall have no obligations hereunder.

 

[Remainder
of Page Intentionally Left Blank; Signature Pages Follows]

 

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IN
WITNESS WHEREOF, the undersigned has duly executed and delivered this Non-Competition and Non-Solicitation Agreement as of the date
first written above.

 

	 	The
    Company:
	 	 	 
	 	NEWSIGHT
    IMAGING LTD.
	 	 	 
	 	By:	 
	 	Name:
    	 
	 	Title:	 
	 	 	 
	 	The
    Subject Party:
	 	 	 
	 	Signature:	 
	 	Print
    Name:	 
	 	Title:	 

 

    	Page
                                            9 of
                                            9Exhibit
10.8

 

REGISTRATION
RIGHTS AGREEMENT

 

THIS
REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of [●], is made and entered into by and among
Newsight Imaging Ltd., an Israeli company (the “Company”), and the undersigned parties listed on the signature
page hereto (each a “Holder” and collectively the “Holders”).

 

RECITALS

 

WHEREAS,
on the date hereof, upon the closing (the “Closing”) of the transactions (such transactions, the “Transactions,”
and the date of such Closing, the “Closing Date”) contemplated by that certain Business Combination Agreement
by and among (i) Vision Sensing Acquisition Corp., a Delaware corporation (together with its successors, “SPAC”),
(ii) the Company, and (iii) Newsight Merger Sub, Inc., a Cayman Islands exempted company and a direct wholly owned subsidiary of the
Company (“Merger Sub”) (as amended from time to time in accordance with the terms thereof, the “Business
Combination Agreement”), Merger Sub merged with and into SPAC, with SPAC continuing as the surviving entity (the “Merger”),
and as a result of which, (i) SPAC is a wholly-owned subsidiary of the Company and (ii) each issued and outstanding ordinary share of
SPAC immediately prior to the effective time of the Merger is no longer outstanding and was automatically cancelled in exchange for the
right of the holder thereof to receive the SPAC Shares Merger Consideration (as such term is defined in the Business Combination Agreement);
and

 

WHEREAS,
in connection with the Closing, the Company and the Holders desire to enter into this Agreement in order to provide the Holders with
registration rights on the terms set forth herein; and

 

NOW,
THEREFORE, in consideration of the representations covenants and agreements contained herein, and certain other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby
agree as follows:

 

Article
I

DEFINITIONS

 

1.1 Definitions.
The terms defined in this Article I shall, for all purposes of this Agreement, have the respective meanings set forth below:

 

“Adverse
Disclosure” shall mean any public disclosure of material non-public information, which disclosure, in the good faith judgment
of the Chief Executive Officer or principal financial officer of the Company, after consultation with counsel to the Company, (i) would
be required to be made in any Registration Statement or Prospectus in order for the applicable Registration Statement or Prospectus not
to contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements contained therein
(in the case of any prospectus and any preliminary prospectus, in the light of the circumstances under which they were made) not misleading,
(ii) would not be required to be made at such time if the Registration Statement were not being filed, and (iii) the Company has a bona
fide business purpose for not making such information public.

 

“Agreement”
shall have the meaning given in the Preamble.

 

“Block
Trade” shall have the meaning given in Section 2.4.1.

 

“Business
Combination Agreement” shall have the meaning given in the Recitals hereto.

 

“Closing
Date” shall have the meaning given in the Recitals hereto.

 

“Commission”
shall mean the Securities and Exchange Commission.

 

“Company”
shall have the meaning given in the Preamble, and includes the Company’s successors by recapitalization,
merger, consolidation, spin-off, reorganization or similar transaction.

 

    	 

    	 

    

 

“Company
Ordinary Shares” means the Company’s Ordinary Shares, par value NIS 0.1.

 

“Demanding
Holder” shall have the meaning given in Section 2.1.3.

 

“Directors”
shall mean the Directors of the Company.

 

“Effectiveness
Deadline” shall have the meaning given in Section 2.1.1.

 

“Exchange
Act” shall mean the Securities Exchange Act of 1934, as it may be amended from time to time.

 

“Filing
Deadline” shall have the meaning given in Section 2.1.1.

 

“Form
F-1” shall have the meaning given in Section 2.1.1.

 

“Form
F-3 Shelf” shall have the meaning given in Section 2.1.1.

 

“Holder
Information” shall have the meaning given in Section 4.1.2.

 

“Holders”
shall have the meaning given in the Preamble.

 

“IPO
Prospectus” means the prospectus for SPAC’s initial public offering of its securities.

 

“IPO
Warrant Shares” means the shares of SPAC issuable upon exercise of IPO Warrants.

 

“IPO
Warrants” means the warrants exercisable for shares of SPAC included in the units issued in the SPAC’s initial public
offering of securities (including such warrants that have separated from such units and warrants that remain part of unseparated units).

 

“Maximum
Number of Securities” shall have the meaning given in Section 2.1.4.

 

“Minimum
Takedown Threshold” shall have the meaning given in Section 2.1.3

 

“Misstatement”
shall mean an untrue statement of a material fact or an omission to state a material fact required to be stated in a Registration Statement
or Prospectus, or necessary to make the statements in a Registration Statement or Prospectus (in the light of the circumstances under
which they were made) not misleading.

 

“Piggyback
Registration” shall have the meaning given in Section 2.2.1.

 

“Prospectus”
shall mean the prospectus included in any Registration Statement, as supplemented by any and all prospectus supplements and as amended
by any and all post-effective amendments and including all material incorporated by reference in such prospectus.

 

“Registrable
Securities” shall mean (a) any outstanding Company Ordinary Shares or any other equity security (including warrants to
purchase Company Ordinary Shares and Company Ordinary Shares issued or issuable upon the exercise of any other equity security) of the
Company held by a Holder immediately following the Closing (including any securities distributable pursuant to the Business Combination
Agreement), (b) any outstanding Company Ordinary Shares or any other equity security (including warrants to purchase Company Ordinary
Shares and Company Ordinary Shares issued or issuable upon the exercise of any other equity security) of the Company acquired by a Holder
following the date hereof to the extent that such securities are “restricted securities” (as defined in Rule 144) or are
otherwise held by an “affiliate” (as defined in Rule 144) of the Company, and (c) any other equity security of the Company
or any of its subsidiaries issued or issuable with respect to any securities referenced in clause (a) or (b) above by way of a stock
dividend or stock split or in connection with a recapitalization, merger, consolidation, spin-off, reorganization or similar transaction;
provided, however, that, as to any particular Registrable Security, such securities shall cease to be Registrable Securities
upon the earliest to occur of: (A) a Registration Statement with respect to the sale of such securities shall have become effective under
the Securities Act and such securities shall have been sold, transferred, disposed of or exchanged in accordance with such Registration
Statement by the applicable Holder; (B) such securities shall have been otherwise transferred, new certificates for such securities not
bearing a legend restricting further transfer shall have been delivered by the Company and subsequent public distribution of such securities
shall not require registration under the Securities Act; (C) such securities shall have ceased to be outstanding; (D) such securities
(i) may be sold without registration pursuant to Rule 144 or any successor rule promulgated under the Securities Act (but with no volume
or other restrictions or limitations including as to manner or timing of sale) and (ii) the holder of such securities has beneficial
ownership of less than 5% of the outstanding Company Ordinary Shares; and (E) such securities have been sold to, or through, a broker,
dealer or underwriter in a public distribution or other public securities transaction. For the purposes of the immediately preceding
sentence, “beneficial ownership” shall be determined in accordance with Section 13(d) of the Exchange Act and Rule 13d-3
thereunder.

 

    	2

    	 

    

 

“Registration”
shall mean a registration, including any related Shelf Takedown, effected by preparing and filing a registration statement, prospectus
or similar document in compliance with the requirements of the Securities Act, and the applicable rules and regulations promulgated thereunder,
and such registration statement becoming effective.

 

“Registration
Expenses” shall mean the out-of-pocket expenses of a Registration, including, without limitation, the following:

 

(A) all
registration and filing fees (including fees with respect to filings required to be made with the Financial Industry Regulatory Authority,
Inc.) and any securities exchange on which the Company Ordinary Shares are then listed;

 

(B) fees
and expenses of compliance with securities or blue sky laws (including reasonable fees and disbursements of counsel for the Underwriters
in connection with blue sky qualifications of Registrable Securities);

 

(C) printing,
messenger, telephone and delivery expenses;

 

(D) reasonable
fees and disbursements of counsel for the Company;

 

(E) reasonable
fees and disbursements of all independent registered public accountants of the Company incurred specifically in connection with such
Registration; and

 

(F) reasonable
fees and expenses of one (1) legal counsel (for all Demanding Holders and Requesting Holders) selected by the majority-in-interest of
the Demanding Holders initiating an Underwritten Shelf Takedown.

 

“Registration
Statement” shall mean any registration statement that covers the Registrable Securities pursuant to the provisions of this
Agreement, including the Prospectus included in such registration statement, amendments (including post-effective amendments) and supplements
to such registration statement, and all exhibits to and all material incorporated by reference in such registration statement.

 

“Requesting
Holder” shall have the meaning given in Section 2.1.4.

 

“Rule
144” shall mean Rule 144 promulgated under the Securities Act (or any successor rule then in effect).

 

“Securities
Act” shall mean the Securities Act of 1933, as amended from time to time.

 

    	3

    	 

    

 

“Shelf
Registration” shall mean a registration of securities pursuant to a registration statement filed with the Commission in
accordance with and pursuant to Rule 415 promulgated under the Securities Act (or any successor rule then in effect).

 

“Shelf
Takedown” shall mean an Underwritten Shelf Takedown or any proposed transfer or sale using a Registration Statement, including
a Piggyback Registration.

 

“Subsequent
Shelf Registration” shall have the meaning given in Section 2.1.2.

 

“Transfer”
shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise
dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation
with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act with respect to, any security,
(b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership
of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement
of any intention to effect any transaction specified in clause (a) or (b).

 

“Underwriter”
shall mean a securities dealer who purchases any Registrable Securities as principal in an Underwritten Offering and not as part of such
dealer’s market-making activities.

 

“Underwritten
Registration” or “Underwritten Offering” shall mean a Registration in which securities of the
Company are sold to an Underwriter in a firm commitment underwriting for distribution to the public.

 

“Underwritten
Shelf Takedown” shall have the meaning given in Section 2.1.3.

 

“Withdrawal
Notice” shall have the meaning given in the Section 2.1.5.

 

Article
II

REGISTRATIONS

 

2.1 Shelf
Registration.

 

2.1.1 Filing.
The Company shall use commercially reasonable efforts to file within thirty (30) days after the Closing Date, but in any event within
sixty (60) days after the Closing Date (the “Filing Deadline”), a Registration Statement on Form F-1 (the “Form
F-1”) or, if the Company is eligible to use a Form F-3 Shelf, a Registration Statement for a Shelf Registration on Form
F-3 (the “Form F-3 Shelf” with the applicable registration statement on either Form F-1 or Form F-3 Shelf being
the “Shelf Registration”), in each case, covering the resale of all the Registrable Securities (determined
as of two business days prior to such filing). The Company shall use commercially reasonable efforts to cause such Shelf Registration
to be declared effective as soon as possible after filing, but in no event later than the earlier of (i) sixty (60) days following the
Filing Deadline and (ii) three (3) business days after the Commission notifies the Company that it will not review such Shelf Registration,
if applicable (the “Effectiveness Deadline”); provided, that, if such Shelf Registration filed pursuant to
this Section 2.1.1 is reviewed by, and the Company receives comments from, the Commission with respect to such Shelf Registration,
the Effectiveness Deadline shall be extended to one hundred fifty (150) days following the Filing Deadline. Such Shelf Registration shall
provide for the resale of the Registrable Securities included therein pursuant to any method or combination of methods legally available
to, and requested by, any Holder named therein. The Company shall maintain a Shelf Registration in accordance with the terms hereof,
and shall prepare and file with the Commission such amendments, including post-effective amendments, and supplements as may be necessary
to keep a Shelf Registration continuously effective, available for use and in compliance with the provisions of the Securities Act until
such time as there are no longer any Registrable Securities. In the event the Company files a Form F-1, the Company shall use its commercially
reasonable efforts to convert the Form F-1 (and any Subsequent Shelf Registration) to a Form F-3 Shelf as soon as practicable after the
Company is eligible to use Form F-3.

 

    	4

    	 

    

 

2.1.2 Subsequent
Shelf Registration. If any Shelf Registration ceases to be effective under the Securities Act for any reason at any time while Registrable
Securities are still outstanding, the Company shall, subject to Section 3.4, use its commercially reasonable efforts to promptly
cause such Shelf Registration to again become effective under the Securities Act (including obtaining the prompt withdrawal of any order
suspending the effectiveness of such Shelf Registration), and shall use its commercially reasonable efforts to promptly amend such Shelf
Registration in a manner reasonably expected to result in the withdrawal of any order suspending the effectiveness of such Shelf Registration
or file an additional registration statement as a Shelf Registration (a “Subsequent Shelf Registration”) registering
the resale of all Registrable Securities (determined as of two business days prior to such filing), and pursuant to any method or combination
of methods legally available to, and requested by, any Holder named therein. If a Subsequent Shelf Registration is filed, the Company
shall use its commercially reasonable efforts to (i) cause such Subsequent Shelf Registration to become effective under the Securities
Act as promptly as is reasonably practicable after the filing thereof (it being agreed that the Subsequent Shelf Registration shall be
an automatic shelf registration statement (as defined in Rule 405 promulgated under the Securities Act) if the Company is a well-known
seasoned issuer (as defined in Rule 405 promulgated under the Securities Act) at the most recent applicable eligibility determination
date) and (ii) keep such Subsequent Shelf Registration continuously effective, available for use and in compliance with the provisions
of the Securities Act until such time as there are no longer any Registrable Securities. Any such Subsequent Shelf Registration shall
be on Form F-3 to the extent that the Company is eligible to use such form. Otherwise, such Subsequent Shelf Registration shall be on
another appropriate form.

 

2.1.3 Requests
for Underwritten Shelf Takedowns. At any time and from time to time when an effective Shelf Registration is on file with the Commission,
one or more of the Holders (such Holder or Holders being in such case, “Demanding Holders”) may request to
sell all or any portion of its Registrable Securities in an Underwritten Offering that is registered pursuant to the Shelf Registration
(each, an “Underwritten Shelf Takedown”); provided, however, that the Company shall only be obligated
to effect an Underwritten Shelf Takedown if such offering shall include Registrable Securities proposed to be sold by the Demanding Holders
with a total offering price reasonably expected to exceed, in the aggregate, $50,000,000 (the “Minimum Takedown Threshold”).
All requests for Underwritten Shelf Takedowns shall be made by giving written notice to the Company, which shall specify the approximate
number of Registrable Securities proposed to be sold by the Demanding Holders in the Underwritten Shelf Takedown. Subject to Section
2.4.4, the Company shall have the right to select the Underwriters for such offering (which shall consist of one or more reputable
nationally recognized investment banks), subject to the initial Demanding Holders’ prior approval (which shall not be unreasonably
withheld, conditioned or delayed). The Holders may demand not more than two (2) Underwritten Shelf Takedowns in any twelve (12) month
period.

 

2.1.4 Reduction
of Underwritten Offering. If the managing Underwriter or Underwriters in an Underwritten Shelf Takedown, in good faith, advises the
Company, the Demanding Holders and the Holders requesting piggy back rights pursuant to this Agreement with respect to such Underwritten
Shelf Takedown (the “Requesting Holders”) (if any) that the dollar amount or number of Registrable Securities
that the Demanding Holders and the Requesting Holders (if any) desire to sell, taken together with all other Company Ordinary Shares
or other equity securities that the Company desires to sell and all other Company Ordinary Shares or other equity securities, if any,
that have been requested to be sold in such Underwritten Offering pursuant to separate written contractual piggy-back registration rights
held by any other shareholders, exceeds the maximum dollar amount or maximum number of equity securities that can be sold in the Underwritten
Offering without adversely affecting the proposed offering price, the timing, the distribution method, or the probability of success
of such offering (such maximum dollar amount or maximum number of such securities, as applicable, the “Maximum Number of
Securities”), then the Company shall include in such Underwritten Offering, before including any Company Ordinary Shares
or other equity securities proposed to be sold by the Company or by other holders of Company Ordinary Shares or other equity securities,
the Registrable Securities of the Demanding Holders and the Requesting Holders (if any) (pro rata based on the respective number of Registrable
Securities that each Demanding Holder and Requesting Holder (if any) has requested be included in such Underwritten Shelf Takedown and
the aggregate number of Registrable Securities that the Demanding Holders and Requesting Holders have requested be included in such Underwritten
Shelf Takedown) that can be sold without exceeding the Maximum Number of Securities.

 

    	5

    	 

    

 

2.1.5 Withdrawal.
Prior to the filing of the applicable “red herring” prospectus or prospectus supplement used for marketing such Underwritten
Shelf Takedown, a majority-in-interest of the Demanding Holders initiating an Underwritten Shelf Takedown shall have the right to withdraw
from such Underwritten Shelf Takedown for any or no reason whatsoever upon written notification (a “Withdrawal Notice”)
to the Company and the Underwriter or Underwriters (if any) of their intention to withdraw from such Shelf Takedown; provided
that the other Holders may elect to have the Company continue an Underwritten Shelf Takedown if the Minimum Takedown Threshold would
still be satisfied by the Registrable Securities proposed to be sold in the Underwritten Shelf Takedown by the other Holders. If withdrawn,
a demand for an Underwritten Shelf Takedown shall constitute a demand for an Underwritten Shelf Takedown for purposes of Section 2.1.3,
unless the Demanding Holders reimburse the Company for all Registration Expenses with respect to such Underwritten Shelf Takedown. Following
the receipt of any Withdrawal Notice, the Company shall promptly forward such Withdrawal Notice to any other Holders that had elected
to participate in such Shelf Takedown.

 

2.2 Piggyback
Registration.

 

2.2.1 Piggyback
Rights. Subject to Section 2.4.3, if the Company or any Holder proposes to conduct a registered offering of, or if the Company
proposes to file a Registration Statement under the Securities Act with respect to the Registration of, equity securities, or securities
or other obligations exercisable or exchangeable for, or convertible into equity securities, for its own account or for the account of
shareholders of the Company (or by the Company and by the shareholders of the Company including, without limitation, an Underwritten
Shelf Takedown pursuant to Section 2.1.3 hereof), other than a Registration Statement (or any registered offering with respect
thereto) (i) filed in connection with any employee stock option or other benefit plan, (ii) pursuant to a Registration Statement on Form
F-4 (or similar form that relates to a transaction subject to Rule 145 under the Securities Act or any successor rule thereto), (iii)
for an offering of debt that is convertible into equity securities of the Company or (iv) for a dividend reinvestment plan, then the
Company shall give written notice of such proposed offering to all of the Holders of Registrable Securities as soon as practicable but
not less than ten (10) days before the anticipated filing date of such Registration Statement or, in the case of an Underwritten Offering
pursuant to a Shelf Registration, the applicable “red herring” prospectus or prospectus supplement used for marketing such
offering, which notice shall (A) describe the amount and type of securities to be included in such offering, the intended method(s) of
distribution, and the name of the proposed managing Underwriter or Underwriters, if any, in such offering, and (B) offer to all of the
Holders of Registrable Securities the opportunity to include in such registered offering such number of Registrable Securities as such
Holders may request in writing within five (5) days after receipt of such written notice (such registered offering, a “Piggyback
Registration”). Subject to Section 2.2.2, the Company shall, in good faith, cause such Registrable Securities to
be included in such Piggyback Registration and, if applicable, shall use its commercially reasonable efforts to cause the managing Underwriter
or Underwriters of such Piggyback Registration to permit the Registrable Securities requested by the Holders pursuant to this Section
2.2.1 to be included therein on the same terms and conditions as any similar securities of the Company included in such registered
offering and to permit the sale or other disposition of such Registrable Securities in accordance with the intended method(s) of distribution
thereof. The inclusion of any Holder’s Registrable Securities in a Piggyback Registration shall be subject to such Holder agreement
to enter into an underwriting agreement in customary form with the Underwriter(s) selected for such Underwritten Offering.

 

2.2.2 Reduction
of Piggyback Registration. If the managing Underwriter or Underwriters in an Underwritten Offering that is to be a Piggyback Registration,
in good faith, advises the Company and the Holders of Registrable Securities participating in the Piggyback Registration that the dollar
amount or number of Company Ordinary Shares or other equity securities that the Company desires to sell, taken together with (i) the
Company Ordinary Shares or other equity securities, if any, as to which Registration or a registered offering has been demanded pursuant
to separate written contractual arrangements with persons or entities other than the Holders of Registrable Securities hereunder, (ii)
the Registrable Securities as to which registration has been requested pursuant to Section 2.2 hereof, and (iii) the Company Ordinary
Shares or other equity securities, if any, as to which Registration or a registered offering has been requested pursuant to separate
written contractual piggy-back registration rights of other shareholders of the Company, exceeds the Maximum Number of Securities, then:

 

    	6

    	 

    

 

(a) If
the Registration or registered offering is undertaken for the Company’s account, the Company shall include in any such Registration
or registered offering: (A) first, the Company Ordinary Shares or other equity securities that the Company desires to sell, which can
be sold without exceeding the Maximum Number of Securities; (B) second, to the extent that the Maximum Number of Securities has not been
reached under the foregoing clause (A), the Registrable Securities of Holders exercising their rights to register their Registrable Securities
pursuant to Section 2.2.1, pro rata, based on the respective number of Registrable Securities that each Holder has requested be
included in such Underwritten Offering and the aggregate number of Registrable Securities that the Holders have requested to be included
in such Underwritten Offering, which can be sold without exceeding the Maximum Number of Securities; and (C) third, to the extent that
the Maximum Number of Securities has not been reached under the foregoing clauses (A) and (B), the Company Ordinary Shares or other equity
securities, if any, as to which Registration or a registered offering has been requested pursuant to written contractual piggy-back registration
rights of other shareholders of the Company, which can be sold without exceeding the Maximum Number of Securities;

 

(b) If
the Registration or registered offering is pursuant to a request by persons or entities other than the Holders of Registrable Securities,
then the Company shall include in any such Registration or registered offering (A) first, the Company Ordinary Shares or other equity
securities, if any, of such requesting persons or entities, other than the Holders of Registrable Securities, which can be sold without
exceeding the Maximum Number of Securities; (B) second, to the extent that the Maximum Number of Securities has not been reached under
the foregoing clause (A), the Registrable Securities of Holders exercising their rights to register their Registrable Securities pursuant
to Section 2.2.1, pro rata, based on the respective number of Registrable Securities that each Holder has requested be included
in such Underwritten Offering and the aggregate number of Registrable Securities that the Holders have requested to be included in such
Underwritten Offering, which can be sold without exceeding the Maximum Number of Securities; (C) third, to the extent that the Maximum
Number of Securities has not been reached under the foregoing clauses (A) and (B), the Company Ordinary Shares or other equity securities
that the Company desires to sell, which can be sold without exceeding the Maximum Number of Securities; and (D) fourth, to the extent
that the Maximum Number of Securities has not been reached under the foregoing clauses (A), (B) and (C), the Company Ordinary Shares
or other equity securities for the account of other persons or entities that the Company is obligated to register pursuant to separate
written contractual arrangements with such persons or entities, which can be sold without exceeding the Maximum Number of Securities;
and

 

(c) If
the Registration or registered offering is pursuant to a request by Holder(s) of Registrable Securities pursuant to Section 2.1
hereof, then the Company shall include in any such Registration or registered offering securities pursuant to Section 2.1.5.

 

2.2.3 Piggyback
Registration Withdrawal. Any Holder of Registrable Securities (other than a Demanding Holder, whose right to withdrawal from an Underwritten
Shelf Takedown, and related obligations, shall be governed by Section 2.1.5) shall have the right to withdraw from a Piggyback
Registration for any or no reason whatsoever upon written notification to the Company and the Underwriter or Underwriters (if any) of
his, her or its intention to withdraw from such Piggyback Registration prior to the effectiveness of the Registration Statement filed
with the Commission with respect to such Piggyback Registration or, in the case of a Piggyback Registration pursuant to a Shelf Registration,
the filing of the applicable “red herring” prospectus or prospectus supplement with respect to such Piggyback Registration
used for marketing such transaction. The Company (whether on its own good faith determination or as the result of a request for withdrawal
by persons pursuant to separate written contractual obligations) may withdraw a Registration Statement filed with the Commission in connection
with a Piggyback Registration (which, in no circumstance, shall include the Shelf Registration) at any time prior to the effectiveness
of such Registration Statement. Notwithstanding anything to the contrary in this Agreement (other than Section 2.1.5), the Company
shall be responsible for the Registration Expenses incurred in connection with the Piggyback Registration prior to its withdrawal under
this Section 2.2.3.

 

    	7

    	 

    

 

2.2.4 Unlimited
Piggyback Registration Rights. For purposes of clarity, subject to Section 2.1.5, any Piggyback Registration effected pursuant
to Section 2.2 hereof shall not be counted as a demand for an Underwritten Shelf Takedown under Section 2.1.4 hereof.

 

2.3 Market
Stand-off. In connection with any Underwritten Offering of equity securities of the Company (other than a Block Trade), each Holder
of Registrable Securities agrees that it shall not Transfer any Company Ordinary Shares or other equity securities of the Company (other
than those included in such offering pursuant to this Agreement), without the prior written consent of the Company, during the sixty
(60)-day period (or such shorter time agreed to by the managing Underwriter(s)) beginning on the date of pricing of such offering, except
in the event the Underwriters managing the offering otherwise agree by written consent. Each Holder of Registrable Securities agrees
to execute a customary lock-up agreement in favor of the Underwriters to such effect (in each case on substantially the same terms and
conditions as all such Holders). For the sake of clarity, no Holder shall be obligated under the provisions of this Section 2.3
to the extent such Holder no longer owns Registrable Securities.

 

2.4 Block
Trades.

 

2.4.1 Notwithstanding
the foregoing, at any time and from time to time when an effective Shelf Registration is on file with the Commission, if a Demanding
Holder wishes to engage in an underwritten registered offering not involving a “roadshow,” an offer commonly known as a “block
trade” (a “Block Trade”), with a total offering price reasonably expected to exceed, in the aggregate,
either (x) $50,000,000 or (y) all remaining Registrable Securities held by the Demanding Holder, then notwithstanding the time periods
provided for in Section 2.1.3, such Demanding Holder only need to notify the Company of the Block Trade at least five (5) business
days prior to the day such offering is to commence and the Company shall as expeditiously as possible use its commercially reasonable
efforts to facilitate such Block Trade; provided that the Demanding Holders representing a majority of the Registrable Securities
wishing to engage in the Block Trade shall use commercially reasonable efforts to work with the Company and any Underwriters prior to
making such request in order to facilitate preparation of the registration statement, prospectus and other offering documentation related
to the Block Trade.

 

2.4.2 Prior
to the filing of the applicable “red herring” prospectus or prospectus supplement used in connection with a Block Trade,
a majority-in-interest of the Demanding Holders initiating such Block Trade shall have the right to submit a Withdrawal Notice to the
Company and the Underwriter or Underwriters (if any) of their intention to withdraw from such Block Trade. Notwithstanding anything to
the contrary in this Agreement, the Company shall be responsible for the Registration Expenses incurred in connection with a block trade
prior to its withdrawal under this Section 2.4.2.

 

2.4.3 Notwithstanding
anything to the contrary in this Agreement, Section 2.2 hereof shall not apply to a Block Trade initiated by a Demanding Holder
pursuant to this Agreement.

 

2.4.4 The
Demanding Holder in a Block Trade shall have the right to select the Underwriters for such Block Trade (which shall consist of one or
more reputable nationally recognized investment banks).

 

Article
III

COMPANY PROCEDURES

 

3.1 General
Procedures. If the Company is required to effect the Registration of Registrable Securities, the Company shall use its commercially
reasonable efforts to effect such Registration to permit the sale of such Registrable Securities in accordance with the intended plan
of distribution thereof, and pursuant thereto the Company shall, as expeditiously as possible:

 

3.1.1 prepare
and file with the Commission as soon as practicable a Registration Statement with respect to such Registrable Securities and use its
commercially reasonable efforts to cause such Registration Statement to become effective and remain effective until all Registrable Securities
covered by such Registration Statement have been sold;

 

    	8

    	 

    

 

3.1.2 prepare
and file with the Commission such amendments and post-effective amendments to the Registration Statement, and such supplements to the
Prospectus, as may be requested by any Holder or any Underwriter of Registrable Securities or as may be required by the rules, regulations
or instructions applicable to the registration form used by the Company or by the Securities Act or rules and regulations thereunder
to keep the Registration Statement effective until all Registrable Securities covered by such Registration Statement are sold in accordance
with the intended plan of distribution set forth in such Registration Statement or supplement to the Prospectus;

 

3.1.3 prior
to filing a Registration Statement or Prospectus, or any amendment or supplement thereto, furnish without charge to the Underwriters,
if any, and each Holder of Registrable Securities included in such Registration, and each such Holder’s legal counsel, copies of
such Registration Statement as proposed to be filed, each amendment and supplement to such Registration Statement (in each case including
all exhibits thereto and documents incorporated by reference therein), the Prospectus included in such Registration Statement (including
each preliminary Prospectus), and such other documents as the Underwriters and each Holder of Registrable Securities included in such
Registration or the legal counsel for any such Holders may request in order to facilitate the disposition of the Registrable Securities
owned by such Holders;

 

3.1.4 prior
to any public offering of Registrable Securities, use its commercially reasonable efforts to (i) register or qualify the Registrable
Securities covered by the Registration Statement under such securities or “blue sky” laws of such jurisdictions in the United
States as any Holder of Registrable Securities included in such Registration Statement (in light of their intended plan of distribution)
may request and (ii) take such action necessary to cause such Registrable Securities covered by the Registration Statement to be registered
with or approved by such other governmental authorities as may be necessary by virtue of the business and operations of the Company and
do any and all other acts and things that may be necessary or advisable to enable the Holders of Registrable Securities included in such
Registration Statement to consummate the disposition of such Registrable Securities in such jurisdictions; provided, however,
that the Company shall not be required to qualify generally to do business in any jurisdiction where it would not otherwise be required
to qualify or take any action to which it would be subject to general service of process or taxation in any such jurisdiction where it
is not then otherwise so subject;

 

3.1.5 cause
all such Registrable Securities to be listed on each securities exchange or automated quotation system on which similar securities issued
by the Company are then listed;

 

3.1.6 provide
a transfer agent or warrant agent, as applicable, and registrar for all such Registrable Securities no later than the effective date
of such Registration Statement;

 

3.1.7 advise
each seller of such Registrable Securities, promptly after it shall receive notice or obtain knowledge thereof, of the issuance of any
stop order by the Commission suspending the effectiveness of such Registration Statement or the initiation or threatening of any proceeding
for such purpose and promptly use its commercially reasonable efforts to prevent the issuance of any stop order or to obtain its withdrawal
if such stop order should be issued;

 

3.1.8 at
least five (5) days prior to the filing of any Registration Statement or Prospectus or any amendment or supplement to such Registration
Statement or Prospectus or any document that is to be incorporated by reference into such Registration Statement or Prospectus, furnish
a copy thereof to each seller of such Registrable Securities and its counsel, including, without limitation, providing copies promptly
upon receipt of any comment letters received with respect to any such Registration Statement or Prospectus;

 

3.1.9 notify
the Holders at any time when a Prospectus relating to such Registration Statement is required to be delivered under the Securities Act,
of the happening of any event as a result of which the Prospectus included in such Registration Statement, as then in effect, includes
a Misstatement, and then to correct such Misstatement as set forth in Section 3.4 hereof;

 

3.1.10 permit
a representative of the Holders, the Underwriters, if any, and any attorney or accountant retained by such Holders or Underwriter to
participate, at each such person’s own expense, in the preparation of the Registration Statement, and cause the Company’s
officers, directors and employees to supply all information reasonably requested by any such representative, Underwriter, attorney or
accountant in connection with the Registration; provided, however, that such representatives or Underwriters agree to confidentiality
arrangements reasonably satisfactory to the Company, prior to the release or disclosure of any such information;

 

    	9

    	 

    

 

3.1.11 obtain
a “cold comfort” letter from the Company’s independent registered public accountants in the event of an Underwritten
Registration which the participating Holders may rely on, in customary form and covering such matters of the type customarily covered
by “cold comfort” letters as the managing Underwriter may reasonably request, and reasonably satisfactory to a majority-in-interest
of the participating Holders;

 

3.1.12 on
the date the Registrable Securities are delivered for sale pursuant to such Registration, obtain an opinion, dated such date, of counsel
representing the Company for the purposes of such Registration, addressed to the Holders, the placement agent or sales agent, if any,
and the Underwriters, if any, covering such legal matters with respect to the Registration in respect of which such opinion is being
given as the Holders, placement agent, sales agent, or Underwriter may reasonably request and as are customarily included in such opinions
and negative assurance letters, and reasonably satisfactory to a majority in interest of the participating Holders;

 

3.1.13 in
the event of any Underwritten Offering, enter into and perform its obligations under an underwriting agreement, in usual and customary
form, with the managing Underwriter of such offering;

 

3.1.14 make
available to its security holders, as soon as reasonably practicable, an earnings statement covering the period of at least twelve (12)
months beginning with the first day of the Company’s first full calendar quarter after the effective date of the Registration Statement
which satisfies the provisions of Section 11(a) of the Securities Act and Rule 158 thereunder (or any successor rule promulgated thereafter
by the Commission);

 

3.1.15 with
respect to an Underwritten Offering pursuant to Section 2.1.4, use its commercially reasonable efforts to make available senior
executives of the Company to participate in customary “road show” presentations that may be reasonably requested by the Underwriter
in such Underwritten Offering; and

 

3.1.16 otherwise,
in good faith, cooperate reasonably with, and take such customary actions as may reasonably be requested by the Holders, in connection
with such Registration.

 

Notwithstanding
the foregoing, the Company shall not be required to provide any documents or information to an Underwriter if such Underwriter has not
then been named with respect to the applicable Underwritten Offering.

 

3.2 Registration
Expenses. The Registration Expenses of all Registrations shall be borne by the Company. It is acknowledged by the Holders that the
Holders shall bear all incremental selling expenses relating to the sale of Registrable Securities, such as Underwriters’ commissions
and discounts, brokerage fees, Underwriter marketing costs and, other than as set forth in the definition of “Registration Expenses,”
all reasonable fees and expenses of any legal counsel representing the Holders.

 

3.3 Requirements
for Participation in Underwritten Offerings. Notwithstanding anything in this Agreement to the contrary, if any Holder does not provide
the Company with its requested Holder Information, the Company may exclude such Holder’s Registrable Securities from the applicable
Registration Statement or Prospectus if the Company determines, based on the advice of counsel, that such information is necessary to
effect the registration and such Holder continues thereafter to withhold such information. No person may participate in any Underwritten
Offering for equity securities of the Company pursuant to a Registration initiated by the Company hereunder unless such person (i) agrees
to sell such person’s securities on the basis provided in any underwriting arrangements approved by the Company and (ii) completes
and executes all customary questionnaires, powers of attorney, indemnities, lock-up agreements, underwriting agreements and other customary
documents as may be reasonably required under the terms of such underwriting arrangements. The exclusion of a Holder’s Registrable
Securities as a result of this Section 3.3 shall not affect the registration of the other Registrable Securities to be included
in such Registration.

 

    	10

    	 

    

 

3.4 Suspension
of Sales; Adverse Disclosure.

 

3.4.1 Upon
receipt of written notice from the Company that a Registration Statement or Prospectus contains a Misstatement, each of the Holders shall
forthwith discontinue disposition of Registrable Securities until it has received copies of a supplemented or amended Prospectus correcting
the Misstatement (it being understood that the Company hereby covenants to prepare and file such supplement or amendment as soon as practicable
after the time of such notice), or until it is advised in writing by the Company that the use of the Prospectus may be resumed.

 

3.4.2 Subject
to Section 3.4.4, if the filing, initial effectiveness or continued use of a Registration Statement in respect of any Registration
at any time would (a) require the Company to make an Adverse Disclosure, (b) require the inclusion in such Registration Statement of
financial statements that are unavailable to the Company for reasons beyond the Company’s control, or (c) in the good faith judgment
of the majority of the Directors, be detrimental to the Company and the majority of the Directors concludes as a result that it is advisable
to defer such filing, initial effectiveness or continued use at such time, the Company may, upon giving prompt written notice of such
action to the Holders, delay the filing or initial effectiveness of, or suspend use of, such Registration Statement for the shortest
period of time determined in good faith by the Company to be necessary for such purpose. In the event the Company exercises its rights
under this Section 3.4.2, the Holders agree to suspend, immediately upon their receipt of the notice referred to above, their
use of the Prospectus relating to any Registration in connection with any sale or offer to sell Registrable Securities.

 

3.4.3 Subject
to Section 3.4.4, (a) during the period starting with the date sixty (60) days prior to the Company’s good faith estimate
of the date of the filing of, and ending on a date one hundred and twenty (120) days after the effective date of, a Company-initiated
Registration and provided that the Company continues to actively employ, in good faith, all commercially reasonable efforts to maintain
the effectiveness of the applicable Registration Statement, or (b) if, pursuant to Section 2.1.4, Holders have requested an Underwritten
Shelf Takedown and the Company and Holders are unable to obtain the commitment of underwriters to firmly underwrite such offering, the
Company may, upon giving prompt written notice of such action to the Holders, delay any other registered offering pursuant to Sections
2.1.4 or 2.4.

 

3.4.4 The
right to delay or suspend any filing, initial effectiveness or continued use of a Registration Statement pursuant to Section 3.4.2
or a registered offering pursuant to Section 3.4.3 shall be exercised by the Company, in the aggregate, not more than three
(3) times in any twelve-month period, and any such delay or suspension shall last for no more than sixty (60) days.

 

3.4.5 The
Company shall as promptly as commercially practicable notify the Holders of the expiration of any period during which it exercised its
rights under this Section 3.4.

 

3.5 Reporting
Obligations. As long as any Holder shall own Registrable Securities, the Company, at all times while it shall be a reporting company
under the Exchange Act, covenants to file timely (or obtain extensions in respect thereof and file within the applicable grace period)
all reports required to be filed by the Company after the date hereof pursuant to Sections 13(a) or 15(d) of the Exchange Act and to
promptly furnish the Holders with true and complete copies of all such filings. The Company further covenants that it shall take such
further action as any Holder may reasonably request, all to the extent required from time to time to enable such Holder to sell Company
Ordinary Shares held by such Holder without registration under the Securities Act within the limitation of the exemptions provided by
Rule 144 (or any successor rule promulgated thereafter by the Commission), including providing any legal opinions. Upon the request of
any Holder, the Company shall deliver to such Holder a written certification of a duly authorized officer as to whether it has complied
with such requirements.

 

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Article
IV

INDEMNIFICATION AND CONTRIBUTION

 

4.1 Indemnification.

 

4.1.1 The
Company agrees to indemnify, to the extent permitted by law, each Holder of Registrable Securities, its officers, members, managers,
and directors (if applicable) and each person who controls such Holder (within the meaning of the Securities Act) against all losses,
claims, damages, liabilities and expenses (including attorneys’ fees) resulting from any untrue or alleged untrue statement of
material fact contained in any Registration Statement, Prospectus or preliminary Prospectus or any amendment thereof or supplement thereto
or any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein not
misleading, except insofar as the same are caused by or contained in any information furnished in writing to the Company by such Holder
expressly for use therein. The Company shall indemnify the Underwriters, their officers and directors and each person who controls such
Underwriters (within the meaning of the Securities Act) to the same extent as provided in the foregoing with respect to the indemnification
of the Holder.

 

4.1.2 In
connection with any Registration Statement in which a Holder of Registrable Securities is participating, such Holder shall furnish to
the Company in writing such customary information and affidavits as the Company reasonably requests for use in connection with any such
Registration Statement or Prospectus (the “Holder Information”)
and, to the extent permitted by law, shall indemnify the Company, its directors and officers and agents and each person who controls
the Company (within the meaning of the Securities Act) against any losses, claims, damages, liabilities and expenses (including without
limitation reasonable attorneys’ fees) resulting from any untrue statement of material fact contained in the Registration Statement,
Prospectus or preliminary Prospectus or any amendment thereof or supplement thereto or any omission of a material fact required to be
stated therein or necessary to make the statements therein not misleading, but only to the extent that such untrue statement or omission
is contained in any information or affidavit so furnished in writing by such Holder expressly for use therein; provided, however,
that the obligation to indemnify shall be several, not joint and several, among such Holders of Registrable Securities, and the liability
of each such Holder of Registrable Securities shall be in proportion to and limited to the net proceeds received by such Holder from
the sale of Registrable Securities pursuant to such Registration Statement. The Holders of Registrable Securities shall indemnify the
Underwriters, their officers, directors and each person who controls such Underwriters (within the meaning of the Securities Act) to
the same extent as provided in the foregoing with respect to indemnification of the Company.

 

4.1.3 Any
person entitled to indemnification herein shall (i) give prompt written notice to the indemnifying party of any claim with respect to
which it seeks indemnification (provided that the failure to give prompt notice shall not impair any person’s right to indemnification
hereunder to the extent such failure has not materially prejudiced the indemnifying party) and (ii) unless in such indemnified party’s
reasonable judgment a conflict of interest between such indemnified and indemnifying parties may exist with respect to such claim, permit
such indemnifying party to assume the defense of such claim with counsel reasonably satisfactory to the indemnified party. If such defense
is assumed, the indemnifying party shall not be subject to any liability for any settlement made by the indemnified party without its
consent (but such consent shall not be unreasonably withheld). An indemnifying party who is not entitled to, or elects not to, assume
the defense of a claim shall not be obligated to pay the fees and expenses of more than one counsel (plus local counsel) for all parties
indemnified by such indemnifying party with respect to such claim, unless in the reasonable judgment of any indemnified party a conflict
of interest may exist between such indemnified party and any other of such indemnified parties with respect to such claim. No indemnifying
party shall, without the consent of the indemnified party, consent to the entry of any judgment or enter into any settlement which cannot
be settled in all respects by the payment of money (and such money is so paid by the indemnifying party pursuant to the terms of such
settlement) or which settlement does not include as an unconditional term thereof the giving by the claimant or plaintiff to such indemnified
party of a release from all liability in respect to such claim or litigation.

 

4.1.4 The
indemnification provided for under this Agreement shall remain in full force and effect regardless of any investigation made by or on
behalf of the indemnified party or any officer, director or controlling person of such indemnified party and shall survive the transfer
of securities. The Company and each Holder of Registrable Securities participating in an offering also agrees to make such provisions
as are reasonably requested by any indemnified party for contribution to such party in the event the Company’s or such Holder’s
indemnification is unavailable for any reason.

 

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4.1.5 If
the indemnification provided under Section 4.1 hereof from the indemnifying party is unavailable or insufficient to hold harmless
an indemnified party in respect of any losses, claims, damages, liabilities and expenses referred to herein, then the indemnifying party,
in lieu of indemnifying the indemnified party, shall contribute to the amount paid or payable by the indemnified party as a result of
such losses, claims, damages, liabilities and expenses in such proportion as is appropriate to reflect the relative fault of the indemnifying
party and the indemnified party, as well as any other relevant equitable considerations. The relative fault of the indemnifying party
and indemnified party shall be determined by reference to, among other things, whether any action in question, including any untrue or
alleged untrue statement of a material fact or omission or alleged omission to state a material fact, was made by, or relates to information
supplied by, such indemnifying party or indemnified party, and the indemnifying party’s and indemnified party’s relative
intent, knowledge, access to information and opportunity to correct or prevent such action; provided, however, that the
liability of any Holder under this Section 4.1.5 shall be limited to the amount of the net proceeds received by such Holder in
such offering giving rise to such liability. The amount paid or payable by a party as a result of the losses or other liabilities referred
to above shall be deemed to include, subject to the limitations set forth in Sections 4.1.1, 4.1.2 and 4.1.3 above,
any legal or other fees, charges or expenses reasonably incurred by such party in connection with any investigation or proceeding. The
parties hereto agree that it would not be just and equitable if contribution pursuant to this Section 4.1.5 were determined by
pro rata allocation or by any other method of allocation, which does not take account of the equitable considerations referred to in
this Section 4.1.5. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act)
shall be entitled to contribution pursuant to this Section 4.1.5 from any person who was not guilty of such fraudulent misrepresentation.

 

Article
V

MISCELLANEOUS

 

5.1 Notices.
All notices, consents, waivers and other communications hereunder shall be in writing and shall be deemed to have been duly given when
delivered (i) in person, (ii) by facsimile or other electronic means, with affirmative confirmation of receipt, (iii) two (2) business
days after being sent, if sent by reputable, internationally recognized overnight courier service or (iv) four (4) business days after
being mailed, if sent by registered or certified mail, pre-paid and return receipt requested, in each case to the applicable party at
the following addresses (or at such other address for a party as shall be specified by like notice). Any notice or communication under
this Agreement must be addressed, if to the Company, to: Newsight Imaging Ltd., Golda Meir 3, P.O.B 4114 Ness Ziona, Israel 7414002,
Attn: Eli Assoolin, Chief Executive Officer, Email: eli@nstimg.com, and, if to any Holder, at such Holder’s address or contact
information as set forth in the Company’s books and records. Any party may change its address for notice at any time and from time
to time by written notice to the other parties hereto, and such change of address shall become effective thirty (30) days after delivery
of such notice as provided in this Section 5.1.

 

5.2 Assignment;
No Third Party Beneficiaries.

 

5.2.1 This
Agreement and the rights, duties and obligations of the Company hereunder may not be assigned or delegated by the Company in whole or
in part.

 

5.2.2 This
Agreement and the provisions hereof shall be binding upon and shall inure to the benefit of each of the parties and its successors and
the permitted assigns of the Holders.

 

5.2.3 This
Agreement shall not confer any rights or benefits on any persons that are not parties hereto, other than as expressly set forth in this
Agreement and Section 5.2 hereof.

 

5.2.4 No
assignment by any party hereto of such party’s rights, duties and obligations hereunder shall be binding upon or obligate the Company
unless and until the Company shall have received (i) written notice of such assignment as provided in Section 5.1 hereof and (ii)
the written agreement of the assignee, in a form reasonably satisfactory to the Company, to be bound by the terms and provisions of this
Agreement (which may be accomplished by an addendum or certificate of joinder to this Agreement). Any transfer or assignment made other
than as provided in this Section 5.2 shall be null and void.

 

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5.3 Counterparts.
This Agreement may be executed in multiple counterparts and delivered electronically (including facsimile or PDF counterparts), each
of which shall be deemed an original, and all of which together shall constitute the same instrument, but only one of which need be produced.

 

5.4 Governing
Law; Venue. NOTWITHSTANDING THE PLACE WHERE THIS AGREEMENT MAY BE EXECUTED BY ANY OF THE PARTIES HERETO, THE PARTIES EXPRESSLY AGREE
THAT (I) THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED UNDER THE LAWS OF THE STATE OF NEW YORK AS APPLIED TO AGREEMENTS AMONG NEW
YORK RESIDENTS ENTERED INTO AND TO BE PERFORMED ENTIRELY WITHIN NEW YORK, WITHOUT REGARD TO THE CONFLICT OF LAW PROVISIONS OF SUCH JURISDICTION
AND (II) THE VENUE FOR ANY ACTION TAKEN WITH RESPECT TO THIS AGREEMENT SHALL BE ANY STATE OR FEDERAL COURT IN NEW YORK COUNTY IN THE
STATE OF NEW YORK.

 

5.5 Trial
By Jury. EACH PARTY HERETO ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE
COMPLICATED AND DIFFICULT ISSUES, AND, THEREFORE, EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT TO ANY ACTION DIRECTLY OR INDIRECTLY ARISING
OUT OF, UNDER OR IN CONNECTION WITH OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT.

 

5.6 Amendments
and Modifications. Upon the written consent of the Company and the Holders of at least a majority in interest of the Registrable
Securities at the time in question, compliance with any of the provisions, covenants and conditions set forth in this Agreement may be
waived, or any of such provisions, covenants or conditions may be amended or modified; provided, however, that notwithstanding
the foregoing, any amendment hereto or waiver hereof that adversely affects one Holder, solely in its capacity as a holder of the shares
of capital stock of the Company, in a manner that is materially different from the other Holders (in such capacity) shall require the
consent of the Holder so affected. No course of dealing between any Holder or the Company and any other party hereto or any failure or
delay on the part of a Holder or the Company in exercising any rights or remedies under this Agreement shall operate as a waiver of any
rights or remedies of any Holder or the Company. No single or partial exercise of any rights or remedies under this Agreement by a party
shall operate as a waiver or preclude the exercise of any other rights or remedies hereunder or thereunder by such party.

 

5.7 Other
Registration Rights. Other than (a) that certain Registration Rights Agreement, dated as of November 1, 2021, by and among SPAC and
Vision Sensing LLC, as amended by that certain First Amendment to Registration Rights Agreement dated on even date herewith, (b) the
registration rights set forth in that certain Warrant Agreement dated as of November 1, 2021 by and between SPAC and Continental Stock
Transfer & Trust Company, as warrant agent, (c) the registration rights of the holders of the IPO Warrants with respect to the IPO
Warrant Shares as contemplated in the IPO Prospectus and (d) the registration rights that may be granted to the PIPE Investors (as such
term is defined in the Business Combination Agreement), no person, other than a Holder of Registrable Securities, has any right to require
the Company to register any securities of the Company for sale or to include such securities of the Company in any Registration filed
by the Company for the sale of securities for its own account or for the account of any other person.

 

5.8 Term.
This Agreement shall terminate with respect to any Holder upon the earlier of (i) the [tenth] anniversary of the date of this Agreement
and (ii) the date that such Holder no longer holds any Registrable Securities. The provisions of Section 3.5 and ARTICLE IV
shall survive any termination.

 

5.9 Holder
Information. Each Holder agrees, if requested in writing, to represent to the Company the total number of Registrable Securities
held by such Holder in order for the Company to make determinations hereunder.

 

[Signature
Page Follows]

 

    	14

    	 

    

 

IN
WITNESS WHEREOF, the undersigned have caused this Agreement to be executed as of the date first written above.

 

	COMPANY:	 
	 	 
	Newsight Imaging Ltd.	 
	 	 
	By:	           	 
	Name:	 	 
	Title:	 	 
	 	 
	HOLDERS:	 
	 	 
	[NAME]	 
	 	 
	By:	 	 
	Name:	 	 
	Title:	 	 

 

[Signature
Page to Registration Rights Agreement]

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