Document:

Exhibit 4.13

 

[*
* *] Portions of this agreement were omitted and a complete copy of this agreement has been provided separately to the Securities
and Exchange Commission pursuant to the company’s application requesting confidential treatment under Rule 24b-2 of the
Securities Exchange Act of 1934, as amended. 

 

MASTER
PURCHASE AGREEMENT

 

This
Master Purchase Agreement is between Amazon Corporate LLC (“Amazon”) and the “Supplier”
as listed below and its Affiliates. This Agreement sets the terms for Supplier and its Affiliates to sell certain Products and
Services to Amazon and other Purchasers, including [* * *]. Initially capitalized terms are defined at the end of the Standard
Terms or elsewhere in this Agreement. The effective date of the Agreement is May 1, 2016 (“Effective Date”).

 

	Supplier:	 Kornit
    Digital Ltd.
	Entity
    Type:

    (e.g., New York corporation)	 Israeli
    company
	NDA
    effective date:	 January
    19, 2016

 

Agreed
to by both parties:

 

	Amazon
    Corporate LLC	 	SUPPLIER
	 	 	 
	By:	/s/ Young
    Lee	 	By:	/s/ Gabi
    Seligsohn
	Name:	Young Lee	 	Name:	Gabi Seligsohn
	Title:	Director,
    Business Development	 	Title:	CEO
	Date	Signed: January
    10, 2017	 	Date	Signed: January
    10, 2017
	 	 	 	 	 
	 	 	 	By:	/s/ Guy Avidan
	 	 	 	Name:	Guy Avidan
	 	 	 	Title:	CFO
	 	 	 	Date	Signed: January
    10, 2017

 

Each
party’s contacts for routine business and technical correspondence regarding this Agreement are:

 

	 	Amazon	Supplier
	Technical
    Contact
	Name
    and title 	 Aaron
    Yanelli	 Udi
    HarNof
	e-mail 	 [*
    * *]	 [*
    * *]
	Business
    Contact
	Name
    and title 	 Aaron
    Yanelli	 Gilad
    Yron 
	e-mail 	 [*
    * *]	  [*
    * *]

 

Each
party’s contacts to receive legal notices about this Agreement are:

 

	Amazon	Supplier
	 	 
	With
    a copy to:	With
    a copy to:	 
	By
    mail: 	By
    courier or personal delivery: 	By
    mail:  	By
    courier or personal delivery:
	c/o
    Amazon.com 	c/o
    Amazon.com 	P.O.
    Box xxx	Guy
    Avidan 
	P.O.
    Box 81226 	410
    Terry Avenue North 	Rosh
    Haain, Haamal 12	Israel
	Seattle,
    WA 98108-1226 	Seattle,
    WA 98109-5210 U.S.A. 	Israel	Attention:
    CFO
	U.S.A. 	Attention:
    General Counsel	Attn:
    CFO	By
    e-mail: [* * *]
	Attn:
    General Counsel 	By
    e-mail:  	Fax:
    +972.3.908.0280	Attention:
    CFO
	Fax:
    206-266-7010	[*
    * *]Attention: General Counsel	By
    e-mail:	 
	 	 	[*
    * *]	 

 

 

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Each
party may update its contacts above by notice to the other. All legal notices given under this Agreement and any routine business
and technical correspondence must be written and in English, and the effective notice date will be the date of receipt or in the
case of email, the date on which such notice is transmitted.

 

This “Agreement”
means and consists of:

 

	 	a.	the foregoing
    signature and notice pages,

 

	 	b.	the Standard
    Terms and Conditions attached as Exhibit A (“Standard Terms”),

 

	 	c.	the [* *
    *] attached as Exhibit B,

 

	 	d.	the Information
    Security Requirements attached as Exhibit C,

 

	 	e.	the Services
    and Service Level Agreement Schedule attached as Exhibit D,

 

	 	f.	the Product
    Pricing Schedule attached as Schedule 1,

 

	 	g.	the Specifications
    attached as Schedule 2,

 

	 	h.	the software
    list attached as Schedule 3, and

 

	 	i.	consignment
    part description and prices attached as Schedule 4.

 

Concurrent
with this Agreement, the parties are also agreeing to a warrant agreement, whereby Amazon will receive certain rights to warrants
to Supplier.

 

Remainder
of page intentionally left blank

 

 

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Exhibit A

 

STANDARD
TERMS AND CONDITIONS

 

	1.       Products;
                                         Services.

         

        1.1
        Products. Supplier will sell Products and Services to Purchaser during the Term. Except as provided in Section 1.5,
        below and 4.2 below, Supplier will not stop making or restrict the supply of Products or the performance of Services under
        this Agreement during the Term.

         

        1.2
        Services. Supplier will provide support and other services (“Services”) to Purchaser as the parties
        may agree from time-to-time and specified in: (a) a Purchase Order issued by Purchaser to Supplier; or, (b) a Work Order
        or addendum signed by the parties, in accordance with the terms and conditions of this Agreement. References in this Agreement
        to a “Purchase Order” will be interpreted to include “Work Orders,” unless otherwise specified
        or inferred by the context. Supplier will provide all equipment, software, materials, spare parts, and supplies required
        to perform the Services. During the Initial Warranty Period, Warranty related Services will be performed at no additional
        cost to Purchaser. Supplier will not subcontract any Services or other obligations under this Agreement without the prior
        written consent of Amazon which consent shall not be unreasonably withheld. The performance of Services or other obligations
        by an Affiliate of Supplier will not be considered subcontracting. Supplier is responsible for the performance of its
        Affiliates under this Agreement and for its subcontractor(s)’ compliance with the terms of this Agreement. Supplier
        and its subcontractors will comply with Amazon’s Rules (as shall be provided or made available to them prior to
        or upon gaining access to Amazon’s premises) with respect to Supplier’s access to or use of Amazon’s
        premises. Supplier will comply with the Service Level Agreement attached as Exhibit D hereto.

         

        1.3
        Reservation of Rights; Restrictions. Unless specifically otherwise set forth in this Agreement, Supplier reserves
        all of its rights, title and interest to all intellectual property including the ideas, concepts, techniques, inventions,
        technologies, processes, methodologies, patents, and rights in and to the Products and to any software, programs and all
        images, photographs, animations, video, audio, music and text incorporated into the Products, trademarks, copyrights and
        trade names relating to and in the Products and their creation and all modifications, improvements or changes therein
        or thereto (all jointly, "Supplier Intellectual Property"). Purchaser acknowledges and agrees that the
        Software is licensed and not sold to Purchaser. Unless otherwise specifically set forth in this Agreement, Purchaser never
        acquires title to the Supplier Intellectual Property Rights or Software and all rights not expressly granted herein are
        reserved to Supplier.

         

        Except
        as specifically otherwise set forth in this Agreement, Purchaser shall not (i) create derivative works based on the Products
        and/or the Software; (ii) copy, frame or mirror any part or content of the Ink and/or of the Software installed on the
        printer Product as firmware; (iii) reverse engineer the Ink and/or the Software, or any composition made using the Ink;
        (iv) access the Software and/or Ink in order to build a competitive product or service; (vi) change, distort or delete
        any patent, copyright or other proprietary notice which appear on or in the Product (or in the Software); or (vii) operate
        or make use of the Products in any way that violates any applicable law or regulation. In the event Purchaser rents, leases,
        sells or otherwise transfers the Products to a third party in accordance with this Agreement; Purchaser agrees that it
        will require such third party to be bound by the provisions of this Section 1.3 hereof as a condition of such sale, rental,
        lease or other transfer.
	 	1.4
                                         Prices. Product and Services prices will be as set forth in Schedule 1 or as otherwise
                                         agreed by the parties. [* * *]. 

         

        1.5
        Changes. Supplier will provide Amazon with at least 12 months advance written notice (“Notice”)
        of its intent to (a) stop supporting, manufacturing, licensing, or selling a Product or performing a Service (collectively
        “EOL”), or (b) make changes to the Products, including design, location of manufacture, manufacturing
        process or materials, programming, or other inputs that in connection with form, fit, function, performance, or reliability
        of the Product would materially impact the ability to use of the Products in the same manner as they were used before
        such changes, (collectively “Changes”). Without limiting the foregoing, Supplier will not ship any
        changed Product to a Purchaser without first receiving Amazon’s written consent. In the event of an EOL or
        Product Change that is not acceptable to Amazon, Supplier will provide Purchaser(s) with a last time buy opportunity for
        EOL Products or Products subject to Change(s). Purchasers will have the right to purchase quantities of these Products
        up to the greater of the quantities (a) purchased by Purchasers in the [* * *] prior to receipt of Notice, or (b) forecasted
        by Purchasers for the [* * *] after Notice is received. Purchasers will place a Purchase Order for the last time buy at
        least 30 days prior to the end of the Notice period. The parties agree to mutually develop a plan to mitigate any EOL
        or Product Change to ensure no adverse business impact on Amazon.

         

        1.6
        Ink. Notwithstanding Section 1.5, for at least 36 months after the earlier of (i) the end of the Term or (ii) 18 months
        after the purchase of the last printer Product under the Agreement (the “Wind Down Period”), Supplier
        agrees to manufacture and sell to Purchaser Ink and all other parts, components, and supplies (including print heads)
        necessary for continued operation of all previously purchased printer Products in such quantities as the Purchaser requests.
        The Ink and other parts, components, and supplies will be compatible with the Products without modification or material
        degradation of Products’ performance and may only be modified with Amazon’s prior approval. Supplier will
        be relieved of the above undertakings in this Section 1.6 if, after the first year of the Wind Down Period, all of the
        following are true: (a) neither Supplier nor any of Supplier’s distributors are making the Ink commercially available,
        (b) during the most recent full Ink Measurement Period, the aggregate amount of Ink purchased under this Agreement was
        less than [* * *] liters, and (c) upon receiving at least [* * *] prior written notice that Supplier intends to discontinue
        Ink production, Purchaser fails to commit to purchase at least [* * *] liters of Ink during the current Ink Measurement
        Period (or a prorated amount of Ink if the Wind Down Period will expire before the end of the current Ink Measurement
        Period). For the avoidance of doubt, there will be no minimum Ink requirement for as long as the Ink is made commercially
        available by Supplier or Supplier’s distributers. Supplier warrants that it will maintain at all times during the
        Term and during the Wind Down Period, a reserve stock of Ink (“Reserve Ink”) in [* * *] at least equal
        to [* * *]. Notwithstanding the above, the parties will discuss the size of the Reserve Ink after the delivery of any
        Forecast and may adjust the volume of Reserve Ink by mutual written agreement.

 

 

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        1.7
        [* * *]

         

        1.8
        [* * *]

         

        (1)       [*
        * *], and

         

        (2)       [*
        * *].

         

        1.9
        Consignment Parts. Supplier will store mutually agreed upon Consignment Parts as set forth in Schedule 4 hereto (and
        as updated as agreed upon, periodically via email confirmed by both parties) at Purchaser agreed upon designated sites,
        as may be updated by the parties from time to time, solely for use with Purchaser Products until (a) Purchaser purchases
        such Consignment Parts from Supplier, (b) Purchaser returns the Consignment Parts to Supplier, or (c) the Agreement is
        terminated for any reason. Purchaser employees with Supplier-provided Level 3 training, designated Purchaser employees,
        and Supplier will each have access to remove Consignment Parts from the storage area (the “Consignment Locker”).
        Pricing for the Consignment Parts will be as set forth in Schedule 4. Legal title to each Consignment Part transfers to
        Purchaser at the time either (i) Purchaser designated employees removes it from the Consignment Locker or (ii) Purchaser
        accepts such Consignment Part by Supplier. Consignment Parts used in the previous quarter will be payable in accordance
        with the terms of Section 7.2. Purchaser may reject, and return to Supplier at Supplier’s expense, defective or
        damaged Consignment Parts at no cost.

         

        2.       [*
        * *]; Affiliates.

         

        2.1
        [* * *].

         

        2.2
        Affiliates. If any Amazon Affiliate wants to buy Products or Services directly from Supplier under this Agreement’s
        terms, it may issue a Purchase Order, or enter into a Work Order or addendum under this Agreement, and this Agreement
        will apply to those purchases as if the Amazon Affiliate was a signatory to the Agreement. Each purchase by an Amazon
        Affiliate under this Agreement will be an obligation of that Amazon Affiliate only, and Amazon will have no liability
        for these purchases. The terms and conditions of this Agreement will apply to each Supplier Affiliate as if that Supplier
        Affiliate was a signatory to this Agreement if: (a) Supplier utilizes the Supplier Affiliate(s) to perform its obligations
        under this Agreement; or (b) the Supplier Affiliate(s) accept a Purchase Order or Work Order from a Purchaser for Amazon.

         

        3.       Ordering.

         

        3.1
        Purchase Orders. Purchasers may submit Purchase Orders on paper, by fax or electronically. Supplier will accept and
        fulfill any Purchase Order for non-printer Products that complies with this Agreement’s terms (e.g., on price as
        set forth in the pricing schedule). A Purchase Order, or executed Work Order or addendum is Supplier’s only authorization
        to ship Product to Purchaser or to perform Services. Supplier will accept and fulfill any Purchase Order for printer Products
        submitted by Purchaser that is submitted at least [* * *] prior to the Delivery Date (for shipment via sea freight) and
        is within the Quarterly Forecast (as defined in Section 4.2). The foregoing sentence shall not apply to orders of less
        than or equal to [* * *] printer Products.
	 	

        4.       Operations.

         

        4.1
        Manufacturing Facilities, Supply Chain Management. Supplier will manufacture the Product only at the facilities originally
        approved by Amazon. Any changes in location of manufacture are subject to the notice requirements in accordance with Section
        1.5 and Amazon’s approval, which may not be unreasonably withheld. Supplier is solely responsible for managing its
        supply chain and resources. Purchaser has no liability for any aspect of Supplier’s supply chain or operations.

         

        4.2
        Capacity Planning and Allocation. Forecasts are for planning purposes only, are non-binding, and are not an order,
        purchase, or commitment. Amazon will [* * *] to provide Supplier a Forecast each quarter (a “Quarterly Forecast”)
        of the estimated printer Products that Purchaser will order in the next [* * *] prior to the beginning of [* * *]. At
        a minimum, Supplier will allocate enough manufacturing capacity, components, raw materials, and parts for the Product
        to be able to meet each Quarterly Forecast. To the extent that amount of Products under the Purchase Orders exceed the
        Quarterly Forecast, Supplier will not be obligated to accept the Purchase Orders referring to amount of Products exceeding
        the Quarterly Forecast, provided however, [* * *].

         

        4.3
        Shipment, Packing, and Delivery. Unless otherwise mutually agreed to by the parties on an individual Purchase Order,
        Supplier will deliver all Product [* * *] (Incoterms 2010) to the location designated in the Purchase Order. Supplier
        will ship the Product units only via carriers qualified to generally accepted international standards for shipment of
        similar goods. Supplier will handle, pack, mark, and ship the Product units in accordance with generally accepted international
        standards for similar goods, and will use packing and labeling specifications that Purchaser reasonably requires. Supplier
        will mark the Product units and packaging with the country of origin as required by applicable Law, and provide a certificate
        of origin and any other documents required for customs clearance or tax purposes. The Delivery Date is a material term
        of this Agreement, and time is of the essence for all Product unit deliveries and performance of Services. Supplier will
        not deliver Product units before the Delivery Date without the applicable Purchaser’s prior written consent. If
        Purchaser returns any Product under this Agreement, they will be returned [* * *] (Incoterms 2010), Purchaser’s
        place of business. Supplier will be the exporter and importer of record for ensuring that all returns comply with all
        export and import regulations. Title and risk of loss or damage for returned Products transfer to Supplier upon delivery
        to Supplier’s designated carrier. Supplier agrees that any duties and taxes that may be recoverable by the Supplier
        will not be charged or collected from Purchaser.

         

        4.4
 [* * *]

 

 

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	4.5
                                         Import/Export. Supplier will be the importer and exporter of record on all cross-border
                                         transactions (including Product returns), will not list Purchaser on any import, export,
                                         or other customs documentation, and will be directly responsible forensuring that those
                                         cross-border transactions comply with all export and import regulations (including export
                                         licensing, shippers export declaration, and export invoice). Without limiting the foregoing,
                                         any export or import document must, among other matters, separately itemize and state
                                         the separate value for each item of hardware, software, set-up, and any non-dutiable
                                         service. Supplier will be responsible for all duties (in North America, the US and Europe),
                                         export charges, and any other amounts imposed by any governmental agency related to all
                                         import and export of items under this Agreement. Supplier will be solely liable for and
                                         will defend, indemnify, and hold each Purchaser harmless against any liability or damages
                                         arising out of Supplier’s breach of this Section 4.5, including any taxes, duties,
                                         interest, or penalties.

         

        4.6
        Title; Risk of Loss. All rights, title, interests, and all risks of loss and damage to any Product will pass to the
        applicable Purchaser in accordance with agreed upon Incoterms at the location of delivery specified in the Purchase Order.

         

        4.7
        Installation & Acceptance. Supplier will install any Products for which Purchaser pays the installation fee specified
        in Schedule 1 or for which installation is covered by the Maintenance Services. Amazon may inspect the Products prior
        to completion of installation as set forth in Section 9.

         

        4.8
        Resources for Products. Supplier will assign at least one account management contact and a backup contact to provide
        support to Amazon or Amazon’s designee. Amazon will have the right to approve each account management contact that
        Supplier intends to appoint to perform under this Section 4.8. Prior to appointing any account management contact,
        Supplier will identify the account management contact to Amazon and provide Amazon with reasonable information as to the
        qualifications of the account management contact. Amazon will not unreasonably object to the identity of an offered account
        manager. To the extent Supplier engages any third party to provide support to Amazon, Supplier will not preclude, or attempt
        to preclude, contractually or otherwise, that third party from contracting directly with Amazon to provide support for
        the Products after the Term or if Supplier no longer agrees to provide support for the Products under the terms of this
        Agreement.

         

        4.9
        Maintenance. Upon receipt of a Purchase Order for Maintenance Services, Supplier will provide the Maintenance Services
        as described in Exhibit D in consideration for the prices set forth therein.

         

        5.       Cancellation
        and Rescheduling.

         

        5.1
        Cancellation; Rescheduling. Purchaser may cancel or re-schedule all or any part of a Purchase Order for any Product,
        without cancellation or other charges, if it cancels such Purchase Orders within [* * *] after Supplier’s acceptance
        of the Purchase Order or reschedules such Purchase Order (i.e. one time delay of shipment by no more than [* * *]) at
        least [* * *] prior to the Supplier’s carrier’s receipt of the applicable Products.
	 	

        5.2
        Cancellation for Late Delivery; Epidemic Failure. If delivery of any Product or Service is delayed by more than [*
        * *] beyond the Delivery Date, Purchaser may cancel the Purchase Order by written notice to Supplier within [* * *] of
        the original Delivery Date, without liability. If an Epidemic Failure occurs, Purchaser may, within [* * *] of first learning
        about such Epidemic Failure, cancel or reschedule any Purchase Orders for any similar Product upon written notice to Supplier,
        without liability.

         

        6.       Inspection;
        Reports.

         

        6.1
        Purchaser Inspection. Purchaser may inspect Product units at any Supplier facility (provided however, that inspections
        in any Supplier’s subcontractors’ facilities shall be subject to reasonable prior notice unless the nature
        of the inspection requires an unannounced inspection) or any Purchaser facility to see whether the Products comply with
        this Agreement. If an Epidemic Failure occurs, Purchaser may require Supplier to bear pre-approved expenses of these inspections
        until the acceptable quality rate has been regained and met for at least [* * *]. Inspections that are done, or not done,
        will not affect any of Purchaser’s rights under this Agreement.

         

        7.       Invoices
        and Payment.

         

        7.1
        Payment Terms. Unless otherwise agreed in a Work Order or addendum, (i) Products (other than Consignment Parts) will
        be invoiced upon shipment to Amazon, (ii) Warranty Period Extensions will be invoiced upon the receipt of such Purchase
        Order, (iii) Maintenance Services, if retained, will be invoiced on a pro rata basis [* * *] and (iv) Consignment Parts
        used [* * *] will be invoiced at the end of [* * *]. Each invoice will be stated only in U.S. dollars or local currency
        as referred to in the Purchase Order as requested by Amazon, and will contain enough detail to let Purchaser determine
        its accuracy. Subject to Section 9, Purchaser will pay a correct and undisputed invoice for that Purchase Order (a) for
        all purchases other than printer Products, net [* * *] after invoice (subject to receipt of the applicable Products) and
        (b) for printer Product, (I) net [* * *] after completion of Installation of the Products, unless Purchaser informs Supplier
        of a problem with the Product or (II) if Purchaser does not allow Supplier to begin Installation within [* * *] after
        delivery of printer Product to a Purchaser facility, then net [* * *] after such delivery. If VAT, GST, or a similar tax
        is chargeable under applicable Laws, Purchaser will require a valid VAT, GST, or other invoice before making payment and
        reserves the right to withhold payment until a compliant invoice has been provided. Payments may be made according to
        Purchaser’s then-current payment policies, which may include electronic payment. Payment of an invoice without asserting
        a dispute is not a waiver of any claim or right. [* * *].

         

        7.2
        Financing Products. Amazon may direct Supplier to send invoices for any Purchase Order issued under this Agreement
        to a “bill to” Affiliate entity and address that is different from the “ship to” entity and address.
        Those directions will not alter the responsibility of Purchaser to pay all properly payable amounts on any invoice in
        accordance with the terms of the Purchase Order and this Agreement if the “bill to” entity does not pay those
        amounts as set forth in this Agreement. Alternatively, Amazon may assign any Purchase Order issued under this Agreement,
        including title to the Products covered by that Purchase Order, to an Affiliate by providing written notice to Supplier.

 

 

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8.       Warranties
and Compliance.

 

8.1
Upon Delivery. Supplier warrants that, when delivered: (a) all Product units will be new and unused; (b) all Product will
be provided with good and marketable title, free and clear of any and all liens and other encumbrances; (c) the Products and Services
will not infringe, misappropriate, or otherwise violate any third party Proprietary Right; (d) the Product and Services will conform
to all the requirements of applicable Law, including all applicable health, safety, and environmental regulations, of the [* *
*], and other jurisdictions agreed to by Supplier and Purchaser; (e) no Product unit will contain any copy protection, automatic
shut-down, lockout, “time bomb”, or similar mechanisms that could interfere with Amazon’s rights under this
Agreement or any viruses, “Trojan horses”, or other harmful code; (f) all Product units will conform to the Specifications;
and (g) except as listed on Schedule 3, no Product or Service will be subject to any license that requires that Product, Service
or any Software, such as Software used with any Purchaser Device, be disclosed or distributed in Source Code form, licensed for
the making of derivative works, or freely redistributable.

         

        8.2
        For Warranty Period. Supplier warrants that for [* * *] from the date of invoice (the “Initial Warranty Period”)
        and during any Warranty Period Extensions that all: (a) Products will be free from defects in design, material and workmanship;
        (b) Products will conform to the Specifications and; (c) Products will conform to Supplier Documentation (to the extent
        that it does not conflict with the Specifications). Amazon may at its sole option, at any time, purchase a warranty program
        for additional [* * *] periods (each a “Warranty Period Extension”; the Initial Warranty Period and
        all Warranty Period Extensions are collectively the “Warranty Period”) for any printer Product unit
        for the warranty program price set forth in Schedule 1. During the Warranty Period, the Supplier will provide the Warranty
        Services listed in Exhibit D. During the Initial Warranty Period, Warranty related Services will be performed at no additional
        cost to Purchaser.

         

        8.3
        Compliance. Supplier further warrants that it will comply with the (i) Code of Business Conduct and Ethics
        posted at http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=irol-govConduct, and (ii) Code of
        Standards and Responsibilities posted at http://www.amazon.com/gp/help/customer/display.html?ie= UTF8&nodeId=200885140,
        as either may be modified by Amazon from time-to-time. Notwithstanding anything to the contrary in this Agreement, Amazon
        may: (a) perform, or have its designee perform, unannounced audits at any time during the Term to validate whether Supplier
        is in compliance with this Section 8.3 and, (b) without derogating from its then outstanding liabilities to pay the Supplier
        for Products and Services, immediately terminate or suspend performance under this Agreement if Supplier materially breaches
        this Section 8.3.

         

        
	 	

        8.4 Product/Services
        Compliance. Without limiting Supplier’s other obligations under this Agreement, Supplier will, at its cost and
        expense, take whatever actions are required, and will reasonably cooperate with Amazon, sufficient to ensure that the
        Products and Services, as well as their development, manufacture, supply, and use, comply with all applicable Laws of
        the [* * *], and other jurisdictions agreed to by Supplier and Purchaser. Without limitation, Supplier will be responsible
        for collecting, directly from each of its suppliers and subcontractors, all test reports, declarations, certifications,
        and other documentation and materials necessary or useful to ensure environmental compliance of the Product (collectively,
        “Environmental Documentation”). This will include collecting these items for ROHS (EU or China), REACH,
        halogen free, California Proposition 65, energy efficiency, battery recycling, and all other applicable environmental
        Laws. Upon Amazon’s request, Supplier will send all Environmental Documentation to Amazon’s Compliance Team.
        Supplier will gather any additional information or documentation from suppliers and subcontractors requested by Amazon
        in connection with Amazon’s environmental or other compliance efforts.

         

        8.5
        Returns; Customer Confidentiality. Amazon and its Affiliates have no obligation to return to Supplier any Product,
        or Product component, which may contain any Amazon or Amazon Affiliate’s customer confidential information, including
        hard disk drives, solid state drives, and other memory devices, in order for Supplier to perform its warranty or other
        obligations under this Agreement. If a NC Product or NC Product component cannot be returned for this reason, Amazon will
        provide Supplier with a periodic report detailing the NC Product or components, and provided that the non-conformance
        occurred during the Warranty Period, and that the Supplier was unable to guide Amazon as to how to remove the confidential
        information, Supplier will reimburse Amazon the Market Value of such Products or components within 30 days after receiving
        Amazon’s warranty failure report along with the NC Product following deletion of confidential information, or without
        the NC Product if Amazon was unable to remove the confidential information from such NC Product.

         

        8.6
        Necessary Rights Warrant. Supplier represents, warrants, and covenants that Supplier has all rights necessary to sell
        the Products and perform the Services and to allow Purchaser to directly and indirectly use, import, distribute, lease,
        sell, offer for sale, and otherwise dispose of the Product without restriction or additional charge. Notwithstanding the
        previous sentence, Purchaser may only sell Ink or other consumable Products to Affiliates and [* * *]. [* * *].

         

        8.7
Maintenance Services. Supplier’s obligations to provide the Maintenance Services shall not apply to maintenance, repair
or replacement necessitated in whole or in part by: (i) catastrophe, fault or gross negligence of the Purchaser; (ii) improper
or unauthorized use such as without limitation, use of improper or non-conforming thinner, solvents, inks or other consumables,
(iii) installation, modification or repair other than by Supplier, its authorized technical representatives, or Supplier-trained
Purchaser personnel; or (iv) deviation from the maintenance procedures in the express written instructions and documentation provided
by Supplier, removal of the Products from  the original Site (unless the applicable Product was installed or tested at new
Site by Supplier or its authorized technical representatives), power failure or failure to maintain the expressly documented environmental
conditions at the installation site.

        

 

 

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	8.8
                                         Software. Supplier represents, warrants, and covenants that except as approved in
                                         writing in Schedule 3 or in advance by Amazon prior to delivery to Purchaser, the Products
                                         shall not contain (1) any software, documentation or other items that are licensed from
                                         or proprietary to any third party; or (2) any software, documentation or other items
                                         that are subject to any open source, public source or freeware terms, including any GNU
                                         general public license, limited GNU public license, BSD or similar terms requiring disclosure
                                         or distribution of source code, licensing
                                         of derivative works or any distribution without charge (collectively, “Open
                                         Source”). Supplier shall provide any approved Open Source in accordance with
                                         the applicable Open Source terms and shall incorporate such Open Source in a manner that
                                         does not subject any Amazon rights or intellectual property to such Open Source terms.

         

        8.9
        No Additional Warranty. Except as set forth in this Agreement, Supplier makes no other warranties of any kind, express,
        implied statutory or otherwise with respect to the Products, Software and/or Services, and expressly disclaims any such
        warranties including without limitation any express, statutory or implied warranties of merchantability, non- infringement,
        or fitness for a particular purpose.

         

        9.       [*
        * *].

         

        9.1
        [* * *].

         

        9.2
        [* * *] .

         

        9.3
        [* * *].

         

        9.4
        [* * *].

         

        9.5
        [* * *].

         

        10.       Indemnification.

         

        10.1
Indemnity. Supplier will, at its sole expense and at Amazon’s written request, defend, hold harmless, and indemnify
Purchasers and their respective successors, assigns, directors, officers, employees, agents, customers, affiliates, and distributors
(each, an “Indemnified Party” or “Indemnified Parties”), from all third party claims, demands,
and legal proceedings, including all liabilities costs, and expenses in connection with defending such claims, demands and proceedings
(including reasonable attorneys’ fees incurred and those necessary to successfully establish the right to indemnification)
and deriving from any judgment or settlement (“Claims”) in proportion and to the extent based on a claim that,
if true, would establish: (a) Supplier’s negligence or willful misconduct; (b) that Supplier or any Product or Service infringes,
misappropriates, or otherwise violates any third party’s Proprietary Right; (c) that Supplier has breached this Agreement;
(d) that a Product or Service has caused a Hazard; (e) Supplier (including its suppliers and subcontractors) failed to comply
with applicable Law; (f) any Product’s failure to comply with any applicable Law under Section 8.4; or (g) a Claim
that is brought by or for a Supplier subcontractor, supplier, employee, or agent in connection with this Agreement, in any event
under (a)-(g) to the extent that the underlying Claim is not based on any modification to the Product by anyone other than Supplier
(or its subcontractors, suppliers, or agents), any breach of this Agreement by Purchaser, or on the use of the Product in violation
of the express instructions and documentation provided by Supplier. Supplier waives any immunity, defense, or protection under
any workers' compensation, industrial insurance or similar Laws in connection with any such Claim (including the Washington Industrial
Insurance Act, Title 51 RCW). This Section 10.1 is not a waiver of Supplier’s right to assert any immunity, defense, or
protection directly against any of its own employees or their estates or representatives.
	 	10.2
        Process. Amazon will give Supplier reasonable notice of each Claim for which it wants indemnity under Section 10.1.
        Purchaser will also give Supplier its reasonable cooperation in the defense of each Claim, at Supplier’s expense.
        Supplier will use counsel
                                         reasonably satisfactory to Amazon to defend each Claim. Each Indemnified Party may participate
                                         in the defense at its own expense. If at any time Amazon reasonably determines that any
                                         Claim might adversely affect any Indemnified Party, then without limiting Supplier’s
                                         indemnification obligations, Amazon may take control of the defense of the Claim, and
                                         in such event Amazon and its counsel will proceed diligently and in good faith with that
                                         defense while cooperating with Supplier in connection therewith. Supplier may settle
                                         any Claim in its sole discretion if the settlement requires only a payment that Supplier
                                         must and does pay under this Section 10. Otherwise, Supplier will not settle any Claim
                                         without the Indemnified Parties’ prior written consent, which may not be unreasonably
                                         withheld. Supplier will see that any settlement it makes of any Claim is made confidential,
                                         except where applicable Law does not permit that. Supplier’s duty to defend is
                                         independent of its duty to indemnify.

         

        10.3
        Duty to Correct. If an intellectual property infringement Claim is made or Amazon reasonably concludes that such intellectual
        property infringement claim may be made and in each case, Amazon reasonably believes that this may have a material impact
        on its use of the Products or its rights under this Agreement, and with respect to a potential claim Amazon shall have
        requested Supplier to provide its estimation as to the chances of such claim to be filed and accepted, Supplier will also
        do one of the following, at Supplier’s option and Supplier’s sole risk and expense for each infringing or
        allegedly infringing Product or Service: (a) procure Purchaser’s right to continue directly and indirectly using,
        importing, distributing, leasing, selling, offering for sale, and otherwise disposing of it; (b) replace it with a non-infringing
        version; or, (c) modify it so that it becomes non-infringing. Any replacement or modification must provide equivalent
        performance and meet Supplier’s warranties under this Agreement. If Supplier cannot accomplish (a), (b) or (c),
        [* * *] of the affected Product and Amazon will return the affected Products to Supplier at Supplier’s cost.

         

        10.4
        Return of Infringing Products. In addition to rights under Section 10.3, Purchaser may return any Product units in
        its inventory that are subject to any infringement Claim covered under Section 10.1, at Supplier’s sole risk and
        expense at Purchaser’s reasonable discretion. Supplier will refund the then [* * *], and all associated shipping
        and insurance charges, within 30 days after their return.

         

        10.5
        Adverse Claims Notice. If the supply, use, resale, distribution, or other disposition of any Product under this Agreement
        is (or may reasonably be expected to be) enjoined for any reason, Supplier will give Amazon notice as far in advance as
        reasonably possible.

         

        11.       [*
        * *].

         

        11.1
        [* * *].

         

        11.2
        [* * *].

         

        11.3
[* * *].

 

 

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11.4 Rights to Amazon.

 

(1)       Supplier
grants a worldwide, fully-paid, royalty-free, non-exclusive, irrevocable license to (i) Amazon (which license Amazon covenants
not to exercise except [* * *], subject to subsection (2)) and (ii) Supplier’s vendors and suppliers to Amazon [* * *] upon
[* * *] (which license such vendors and suppliers to Amazon covenant not to exercise except on [* * *];

 

        

        (A)       to
        make and have made, use, import, demonstrate, publicly display, modify, and reproduce, the Products, Supplier Technology,
        and related copyright, patent, trade secret, mask work, and other Proprietary Rights;

         

        (B)       to
        grant sublicenses to third parties as to any or all of the rights granted to Amazon under this Section 11.4 for the
        sole purpose of manufacturing Products for use by Purchasers; and

         

        (C)       (solely
        with respect to sales and distribution by Supplier’s vendors and suppliers and [* * *] to Amazon and its Affiliates,
        agents, and subcontractors after [* * *]) to distribute, offer to sell, and sell the Products.

         

        The
        rights granted in clause (A) above may only be used to provide Products and Services to Amazon and other Purchasers and
        their respective Affiliates, agents, and subcontractors and to support the operation, maintenance, and use of the Products.

         

        (2)       If,
        following [* * *], (a) Supplier demonstrates to Amazon's reasonable satisfaction that the circumstances giving rise to
        [* * *] have been cured and that Supplier will fully perform under this Agreement going forward and (b) Supplier reimburses
        Amazon and Purchasers all of their costs associated with or resulting from [* * *], including without limitation costs
        (including capital costs, if applicable) to manufacture or obtain alternate products or services or otherwise utilize
        the Supplier Technology (and any costs to switch back to obtaining Products and services from Supplier), then Supplier
        may request, on [* * *], that Amazon and its suppliers and vendors stop exercising the license under this Section 11.4.
        For clause (b) above, Supplier may purchase any capital equipment purchased by Purchaser for the purpose of utilizing
        the Supplier technology as part of Supplier’s reimbursement obligation. Thereafter, Amazon and its vendors and suppliers
        will covenant not to exercise the license except on [* * *] (however, they may continue to exercise the license as necessary
        to fulfill any product orders then in process).

         

        11.5
        Modifications. Supplier will be the exclusive owner of any modifications or derivative works created by or for Amazon
        under, or pursuant to the rights granted under, this Section 11 and Supplier grants Amazon and its Affiliates a non-exclusive,
        worldwide, irrevocable, royalty-free, fully paid-up license to such modifications and derivative works for the entire
        duration of their protection including any extension and renewal.

         

        12.       Work
Product. [INTENTIONALLY DELETED – TO BE INCLUDED IN ANY SERVICES WORK ORDER].
	 	12.1
        Feedback. If Supplier or any of its Affiliates give Amazon or its Affiliates any feedback, suggestions, recommendations,
        or other input regarding any Amazon product, technology, or service (“Feedback”),
        then Supplier, on behalf of itself and its Affiliates, will and hereby does grant to Amazon and its Affiliates, in the
        most extensive way possible under applicable Laws, a worldwide, royalty-free, fully paid-up, non-exclusive, irrevocable,
        license (with rights to sublicense through multiple tiers of sublicensees) for the entire duration of their protection
        (including any extension and renewal) to: (a) to adapt, modify, and create derivative works of the Feedback; and, (b)
        to make, have made, use, copy, offer to sell, sell, perform, display, distribute, import, and otherwise dispose of the
        Feedback (and adaptations,
                                         modifications, and derivative works of the Feedback) and any product, technology, or
                                         service that incorporates, is combined or used with, or marketed for use or combination
                                         with, any Feedback.

         

        13.       Licenses.

         

        13.1
        Software License. If Supplier provides any Software to a Purchaser, including any Supplier proprietary or third party
        software either incorporated into a Product or provided in relation to a Product, then Supplier hereby grants Amazon and
        its Affiliates: a worldwide, non-exclusive, perpetual, irrevocable, transferable, royalty-free, fully paid-up license
        to the Proprietary Rights for the entire duration of their protection (including any extension and renewal) in connection
        with and in order to use the Products in accordance with this Agreement: (a) to install, use, operate, and copy the Software
        on any number of networked or non-networked hardware at any facility or location; (b) to use and copy any Software documentation
        as necessary or desirable in connection with the installation, use, and operation of the Software; (c) under any
        current and future patents owned or licensable by Supplier to the extent necessary: (i) to exercise any license right
        granted in this Section 13; and (ii) to combine the Software with any hardware and software; and, (e) to sublicense
        to third parties the foregoing rights, including the right to sublicense to further third parties.

         

        13.2
        Acknowledgment. For the purposes of Section 365(n) of Title 11, United States Code, all rights and licenses granted
        to Amazon under this Agreement will be deemed to be licenses of rights to “intellectual property” as defined
        under Section 101(56) of Title 11, United States Code.

         

        13.3
        Product Software. If Software is delivered under this Agreement or otherwise in connection with the Product or Services,
        the term “Product” or “Services”, as applicable, will be deemed to include Software. Supplier
        agrees to correct any non-compliance of the Software as soon as possible. For clarity, “non-compliance” of
        Software means failure of the Software to comply with Supplier’s warranties in Section 8 of the Agreement (including
        by way of example a failure to comply with the applicable portion of the Specifications) or a defect in the Software that
        causes the hardware portion of a Product become an NC Product.

         

        14.       Disaster
        Recovery Plan and Insurance.

         

        14.1
        Disaster Recovery Plan. Supplier will within [* * *] of the date hereof have and follow a written disaster recovery
        plan (the “Disaster Recovery Plan”) to ensure the performance of Services and supply of Products to
        Purchaser if a Force Majeure or other similar disruption occurs. Supplier will submit a proposed Disaster Recovery Plan
        to Purchaser for review upon its written request.

         

        14.2
Insurance. During the Term and regarding insurance that are “claimed made” for [* * *] afterwards, Supplier will
have insurance coverage as described below. Supplier will be solely responsible for all amounts that must be paid or retained
for that insurance. Supplier’s insurance will include the following coverage:

 

 

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	Coverage
    Type	 	Minimum
    Coverage Limits	 
	PUBLIC (THIRD PARTY)
    LIABILITY INSURANCE POLICY	 	$[* * *] per occurrence
    and general aggregate	 
	Employers' Liability
    Insurance Policy	 	$[* * *] per occurrence
    and general aggregate	 
	Fidelity Bond (or
    similar policy covering employee dishonesty)	 	$[* * *] per loss	 
	Electronic Products
    and Services Errors or Omissions, and Product Liability Insurance	 	$[* * *] per occurrence
    and general aggregate	 

 

	Supplier
                                         will purchase the insurance required above from an insurance company that has an excellent
                                         ability to meet its ongoing obligations to policyholders, and is not under regulatory
                                         supervision or under an order of liquidation by a court of law. The insurance company
                                         shall also have a financial size (based on their capital, surplus and conditional reserve
                                         funds) of at least $[* * *]. The insurance policies listed above must: (a) not be able
                                         to be cancelled or have coverage reduced without [* * *] notice from the Supplier to
                                         Amazon; (b) except for Fidelity Bond (or similar policy covering employee dishonesty)
                                         and Electronic Products and Services Errors or Omissions, and Product Liability Insurance,
                                         provide coverage on an occurrence basis; (c) waive any insurer right of subrogation against
                                         Amazon, its Affiliates, and their respective officers, directors, and employees except
                                         for malicious damage; (d) except for Fidelity Bond (or similar policy covering employee
                                         dishonesty) and Electronic Products and Services Errors or Omissions, and Product Liability
                                         Insurance, provide primary coverage, without any right of contribution from any other
                                         insurance that Purchasers may have; and (e) the Third Party Liability insurance shall
                                         be extended to indemnify Amazon and its Affiliates, and their respective officers, directors
                                         and employees for liability imposed on it as a result of acts and/or omissions of Supplier
                                         and liability as provided for in this Agreement, subject to a cross-liability clause
                                         according to which the insurance is deemed to have been issued separately for each of
                                         the individuals of the insured. The Third Party Liability insurance shall be extended
                                         to indemnify Amazon and its Affiliates, and their respective officers, directors and
                                         employees for liability imposed on it as a result of acts and/or omissions of Supplier
                                         and liability as provided for in this Agreement. Supplier will send Amazon certificates
                                         of insurance for the above by the Effective Date and at each later policy renewal, via
                                         email to: Amazon Risk Management at [* * *]. Nothing in this Section 14.2 or Purchaser’s
                                         actions under it modifies any of Supplier’s obligations under this Agreement.

         

        15.       Quality
        Improvement. Supplier will work with Amazon to continually improve Product quality and reliability based on agreed
        targets and corrective actions that are designated from time-to-time. If Supplier becomes aware of the reasonable likelihood
        of a decline in Product quality or reliability, Supplier will immediately notify Amazon of the potential decline and use
        its best efforts to prevent it.

         

        16.       Confidentiality
        and Public Statements. The parties’ disclosures and activities in connection with this Agreement are subject
        to the NDA. But notwithstanding the NDA, Purchaser may continue to retain and use Confidential Information after the termination
        of this Agreement or the NDA to the extent necessary to service, support, maintain, and troubleshoot the Product. This
        Agreement’s specific terms are Confidential Information. All
	 	subject
                                         to information (including a copy of this Agreement) that the Supplier may be required,
                                         in the context of a registration statement or periodic report, to file with the Securities
                                         and Exchange Commission (the “SEC”) or otherwise under the US Securities
                                         Act of 1933, as amended, and the US Securities Exchange Act of 1934, as amended. Subject
                                         to above exclusion, provided however that Supplier shall notify Purchaser in writing
                                         of any such filing requirement and shall allow Purchaser a reasonable opportunity (but
                                         no more than 5 business days) to review and redact any document that is about to be filed
                                         if such document reveals Confidential Information included in this Agreement and provided
                                         further that upon Purchaser’s request, Supplier shall take reasonable commercial
                                         efforts as shall be advised by Suppliers’ legal advisors, to request confidential
                                         treatment from the SEC in connection with this Agreement, however should such request
                                         be rejected by the SEC, the Supplier shall act as shall be further required according
                                         to its legal Counsel advice in connection with such disclosure. Supplier will not use
                                         Amazon’s name or marks, any Amazon Affiliate’s names or marks, issue any
                                         press release or make any public statement regarding or mentioning, or otherwise disclose,
                                         this Agreement, Supplier’s business relationship with Amazon or its Affiliates,
                                         any Purchaser Device, or Amazon’s or any of its Affiliate’s product or service
                                         roadmaps (or any information on features, functionality, or capability of any Purchaser
                                         roadmap), unless Amazon first gives its written approval. Supplier will enforce equivalent
                                         confidentiality requirements on all of its suppliers, business partners, and subcontractors
                                         that it works with and that accordingly may have knowledge of or access to any Confidential
                                         Information.

         

        17.       Term
        and Termination.

         

        17.1
        Term. This Agreement will be effective during the “Term,” which means the 5-year period starting
        on the Effective Date (the “Initial Term”) and all Renewal Terms, if any. Following the expiration
        of the Initial Term, this Agreement will automatically renew for additional [* * *] (each, a “Renewal Term”)
        unless Amazon provides notice of termination at [* * *] before the expiration of the Initial Term or then current Renewal
        Term.

         

        17.2
Termination by Amazon. Amazon may terminate this Agreement for cause by giving written notice to Supplier if Supplier: (a) breaches
Section 16; (b) materially breaches any of this Agreement’s other provisions, and does not cure that breach within [* *
*] of notice from Amazon; (c) becomes insolvent or becomes the subject of any proceeding under any bankruptcy, insolvency, or
liquidation Law, which is not resolved favorably to Supplier within [* * *]; (d) becomes subject to property attachment, court
injunction or court order which has a material adverse effect on its operations; or (e) undergoes a Change of Control to a direct
competitor of Amazon. Amazon also may terminate this Agreement without cause by giving at least [* * *] written notice to Supplier,
and as stated in other parts of this Agreement.

 

 

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	17.3
                                                                                                                        Termination by Supplier. Supplier may terminate this Agreement by giving at least [* * *] written notice if (a) Amazon
                                                                                                                        materially breaches any of this Agreement’s provisions and does not cure that breach within [* * *] of notice from
                                                                                                                        Supplier and such breach is of such a nature that Supplier cannot reasonably be made whole through an award of
                                                                                                                        monetary damages;
                                                                                                                        (b) Amazon materially breaches any of this Agreement’s provisions and such breach
                                                                                                                        is of such a nature that Supplier can reasonably be made whole through monetary damages
                                                                                                                        and Amazon fails to pay any undisputed amount owed to Supplier in connection with such
                                                                                                                        breach within [* * *] notice from Supplier, (c) Amazon becomes the subject of any proceeding
                                                                                                                        under any bankruptcy, insolvency, or liquidation Law that is not resolved favorably to
                                                                                                                        Amazon within [* * *], (d) if [* * *].

         

        17.4
        Effect of Termination. Upon expiration or any termination of this Agreement, Supplier will deliver to Amazon any Amazon
        Data in Supplier’s possession or control in a format and media reasonably acceptable to Amazon and will destroy
        all Amazon Data in compliance with Exhibit C. If Amazon terminates this Agreement for cause, Purchaser(s) will have
        no obligation to Supplier other than payment of any balance due for Product units it ordered and that were shipped to
        Purchaser(s) before termination and accepted. If this Agreement is terminated other than by Amazon for cause, Purchaser(s)’
        sole liability and Supplier's exclusive remedy is payment for Product units that Purchasers accept under Purchase Orders
        that are outstanding as of the termination date and are not cancelled in accordance with this Agreement due to that termination.
        Purchaser will have no obligation to pay Supplier for any raw materials, parts, components, or work-in-process. Supplier
        will deliver to Purchaser all Product units that Purchaser has paid for. Also, upon termination Purchaser may place a
        final Purchase Order. For clarity, [* * *]. Notwithstanding anything to the contrary in this Section 17.4, Purchaser will
        be required to pay for fulfilled and accepted Purchase Orders and Wind Down Period Purchase Orders in accordance with
        the process in Section 7.1.

         

        17.5
        Survival. Sections 1.3 (with the exception of the last sentence of such section), 8, 10, 11 ([* * *]), 12, 13.1, 13.2,
        14.2, 16, 17.4, 17.5, and 18 through 20 and the related Schedules and Exhibits will survive the expiration or termination
        (for any reason) of this Agreement. In addition, (a) Sections 1 through 7 , and 11, will survive for the duration of the
        Wind Down Period with respect to the purchase of all Products other than printer Products, (b) the terms of this Agreement
        will survive and apply to any Work Orders or addendum outstanding as of the effective date of termination or expiration,
        and (c) Section 9 will survive for the applicable Warranty Period for any Product.

         

        18.       Exclusion
        of Certain Damages.

         

        EXCEPT
        FOR LOSSES, DAMAGES OR LIABILITIES (i) ARISING UNDER SUPPLIER’S INDEMNIFICATION OBLIGATIONS PURSUANT TO THIS
        AGREEMENT, (ii) TO THE EXTENT ARISING OUT OF ANY BREACH OF THE NDA OR THE CONFIDENTIALITY OBLIGATIONS UNDER THIS
        AGREEMENT BY SUPPLIER OR ITS PERSONNEL, OR (iii) DUE TO A PARTY’S GROSS NEGLIGENCE OR WILLFUL, FRAUDULENT OR
        CRIMINAL MISCONDUCT (COLLECTIVELY, “EXCLUDED LIABILITIES”), NEITHER PARTY WILL BE LIABLE UNDER
        ANY CIRCUMSTANCES FOR ANY LOST PROFITS OR INDIRECT, INCIDENTAL, CONSEQUENTIAL OR SPECIAL DAMAGES, EVEN IF IT HAS NOTICE
        OF THAT THOSE KINDS OF DAMAGES MAY OCCUR.
	 	IN
                                         ADDITION, EXCEPT FOR EXCLUDED LIABILITIES, NEITHER PARTY’S AGGREGATE LIABILITY
                                         TO THE OTHER (AND THEIR RESPECTIVE AFFILIATES) RELATED TO OR IN CONNECTION WITH THIS
                                         AGREEMENT SHALL EXCEED  [* * *].

         

        19.       Miscellaneous.

         

        19.1
        Communications. Supplier will use communication systems that Amazon reasonably requires to implement this Agreement
        (e.g., to receive and communicate about Forecasts and Purchase Orders, shipments, deliveries, returns, etc.). For the
        purposes of the Electronic Commerce Act 2000, the parties consent to the use of electronic communications and electronic
        signatures, for all purposes under this Agreement, subject to the notice requirements in this Agreement.

         

        19.2
        Language; Interpretation; Currency. This Agreement is executed in English only. Any translation of this Agreement
        into another language will be for reference only and without legal effect. The parties have fully negotiated this Agreement,
        and it will be interpreted according to the plain meaning of its terms without any presumption that it should be construed
        either for or against either party. Unless otherwise expressly stated, when used in this Agreement “include,”
        “includes,” and “including” are not exclusive or limiting; “Section” refers to this
        Agreement’s provisions; each “and” or “or” means “and” and “or”;
        “days” refers to consecutive calendar days including Saturdays, Sundays and holidays; “dollars”
        and the symbol “$” refer to United States dollars and the symbol “€” refer to Euros; and
        “Exhibit” refers to the Exhibits attached to this Agreement. Section headings in this Agreement are for ease
        of reference only.

         

        19.3
        Severability. If any court of competent jurisdiction finds any part of this Agreement to be invalid or unenforceable,
        then that part will be deemed modified to the extent necessary in order to render it valid and enforceable. If it cannot
        be so saved, it will be severed, and the remaining parts will remain in full force and effect.

         

        19.4
        Governing Law; Venue. This Agreement is governed by the substantive laws of the State of Washington, excluding its
        conflicts of law provisions. The United Nations Convention on Contracts for the International Sale of Goods will not apply
        to this Agreement. Any dispute arising under, in connection with, or incident to this Agreement or about its interpretation
        will be resolved exclusively in the state or federal courts located in King County, Washington. Supplier irrevocably submits
        to those courts’ venue and jurisdiction. Supplier waives all defenses of lack of personal jurisdiction and forum
        non-conveniens.

         

        19.5
        Continuing to Perform. During a dispute or notice or cure period in connection with this Agreement: (a) Supplier will
        continue to fulfill all its obligations under this Agreement, including all Product and Service delivery obligations,
        unless directed otherwise by Amazon in writing; and, (b) Purchaser will continue to pay correct and undisputed invoices
        for amounts payable by it under this Agreement. Supplier’s breach of this Section 19.5 will be an incurable, material
        breach of this Agreement.

         

        19.6
        Rights and Remedies Not Exclusive. All rights and remedies under this Agreement are not exclusive. The exercise of
        a right or remedy will not exclude or waive other rights or remedies under this Agreement, at law, or in equity.

 

 

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	19.7
                                         Injunctive Relief. Parties acknowledge that any material breach of Section 16 would
                                         cause irreparable harm for which the non-breaching party has no adequate remedies at
                                         law. Accordingly, each party is entitled to specific performance or injunctive relief
                                         for any such breach without any requirement for posting any bond or undertaking in connection
                                         therewith. In addition, Supplier further acknowledges that any material breach of Section
                                         10, 11, 19.15, or 19.16 by Supplier would cause Purchaser irreparable harm for which
                                         Purchaser has no adequate remedies at law. Accordingly, Purchaser is entitled to specific
                                         performance or injunctive relief for any such breach without any requirement for posting
                                         any bond or undertaking in connection therewith.

         

        19.8
        Assignment. Supplier may not assign this Agreement, by contract or operation of law, including by way of a Change
        of Control transaction, without Amazon’s prior written consent. If Amazon does not consent to an Assignment of this
        Agreement pursuant to a Change of Control transaction, Supplier may terminate the Agreement with [* * *] prior notice.

         

        19.9
        Modification; Waiver. This Agreement may not be modified except by a written agreement dated after the Effective Date
        and signed in a non-electronic form by the party against which it is to be enforced. A waiver of one breach under this
        Agreement is not a waiver of any other breach. No waiver will be effective unless signed in a non-electronic form by the
        waiving party.

         

        19.10
        Independent Contractors. The parties are independent contractors, and nothing in this Agreement creates an employer-employee
        relationship, a partnership, joint venture, or other relationship between the parties. Neither party has authority to
        assume or create obligations of any kind on the other’s behalf. Supplier has exclusive control over its personnel
        and over its labor and employee relations and its policies relating to wages, hours, working conditions and other employment
        conditions. Supplier has the exclusive right to hire, transfer, suspend, lay-off, recall, promote, discipline, discharge,
        and adjust grievances with its personnel. Supplier is solely responsible for all salaries and other compensation of its
        personnel who provide Services and for making all deductions and withholdings from its employees’ salaries and other
        compensation and paying all contributions, taxes, and assessments. Supplier’s personnel are not eligible to participate
        in any employment benefit plans or other benefits available to Amazon employees. Supplier has no authority to bind Amazon
        to any agreement or obligation. Supplier will be solely responsible for all theft, damage, and misconduct related to its
        personnel.

         

        19.11
        Employment Law. Supplier will fully observe and comply with the provisions of all applicable employment legislation
        and regulations applicable to its performance under this Agreement, including the possible mandatory minimum wage requirements
        under applicable employment Laws, any mandatory collective labor law requirements of applicable employment Laws, and any
        other mandatory provisions of applicable employment Laws (e.g. maximum working time requirements, minimum paid holiday
        requirements, etc.) or any applicable code of practice (collectively “Employment Law”). Supplier will
        obtain all consents and keep all records which the Supplier is required to obtain and keep in respect of its personnel
        under Employment Law (“Employment Documentation”). Supplier
	 	will
                                         keep proper wage books and time sheets as required under Employment Law showing the wages
                                         paid and the time worked by its personnel in and about the performance of this Agreement.
                                         In addition, Supplier will retain copies of all wages slips or other statements of wages
                                         paid issued to any employees, and all wages books, time sheets, wage slips, statements
                                         of wages, and other Employment Documentation (if any) in relation to Supplier’s
                                         compliance with Employment Law for at least three years after the Term, unless required
                                         to retain for a longer period under Employment Law. Supplier will produce these documents
                                         on demand for inspection and copying by Amazon or any person authorized by Amazon.

         

        19.12
        Transfer Regulations. The parties believe that the European Communities transfer of undertaking rules (in particular
        Council Directive 2001/13/EC on the approximation of the Laws of the Member States relating to the safeguarding of employees'
        rights in the event of transfers of undertakings, businesses, or parts of undertakings or businesses) or the transfer
        of undertakings provisions of any applicable employment Laws (“Transfer Regulations”) will not apply
        to this Agreement either at its commencement, assignment, termination, or expiry. However, in the event that the Transfer
        Regulations are held to apply to this Agreement, either at its commencement, assignment termination, or expiry, the Supplier
        will comply in full with its obligations under the Transfer Regulations. The Supplier agrees to indemnify Amazon on demand
        against all proceedings, actions, costs (including legal costs), charges, claims, expenses, damages, liabilities, losses,
        and demands incurred by Amazon: (i) in relation to any failure of the Supplier to comply with its obligations under the
        Transfer Regulations; (ii) in relation to any failure of the Supplier to comply with its obligations under this Section
        19.12; and, (iii) in relation to a claim made by persons who are (or are deemed to be) employees of the Supplier at the
        time of commencement, assignment, termination, or expiry (howsoever arising) of this Agreement (in whole or in part),
        claim or are held to be employees of Amazon or any other person to whom Amazon may, following the assignment, termination,
        or expiry of this Agreement, grant a similar contract, where the claim arises by reason of the application of the Transfer
        Regulations or alleged application of the Transfer Regulations. The Supplier acknowledges that Amazon has relied on the
        obligations assumed by the Supplier in this Section 19.12 in deciding to enter into this Agreement. Any reference in this
        Section 19.12 to this Agreement will, where the context permits, include reference to any Work Order.

         

        19.13
        Records, Audits, Inspections. Supplier will maintain accurate and up-to-date written records in the normal course
        of its business, including records about Supplier’s performance under this Agreement (including quality programs
        and test documentation). Supplier will keep those records for at least 5 years from the date of the events being documented.
        Amazon or its agents (including without limitation, accountants, lawyers, or other specialists) may inspect Supplier’s
        manufacturing facilities and processes for the Products, and access and copy Supplier’s records in order to audit
        and verify Supplier’s compliance with this Agreement. The audit will be conducted on prior written notice at the
        expense of Amazon and will be performed during Supplier’s normal business hours. If the audit reveals a breach of
        this Agreement, then, without limiting Amazon’s other rights and remedies, Supplier will promptly reimburse Amazon
        for the costs associated with the audit. In addition, at Amazon’s request, Supplier will certify in writing to Amazon
        that it is in compliance with this Agreement.

 

 

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        19.14
        Taxes. Each party will be responsible, as required under applicable Law, for identifying and paying all taxes and
        other governmental fees and charges (and any penalties, interest, and other additions thereto) that are imposed on that
        party upon or with respect to the transactions and payments under this Agreement. Supplier may charge and Amazon will
        pay applicable federal, national, state, or local sales or use taxes or value added taxes that Supplier is legally obligated
        to charge (“Taxes”), as long as the Taxes are stated on the original invoice that Supplier provides
        to Amazon and Supplier’s invoices state the Taxes separately and meet the appropriate tax requirements of applicable
        Laws for a valid tax invoice. Amazon may provide Supplier with an exemption certificate acceptable to the relevant taxing
        authority, in which case, Supplier will not collect the Taxes covered by that certificate. Amazon may deduct or withhold
        any taxes that Amazon may be legally obligated to withhold from any amounts payable to Supplier under this Agreement,
        and payment to Supplier as reduced by these deductions or withholdings will constitute full payment and settlement to
        Supplier of amounts payable under this Agreement. Supplier may provide Amazon with an exemption certificate acceptable
        to the relevant taxing authority, in which case Amazon will not collect the Taxes covered by that certificate. Throughout
        the Term, Supplier will provide Amazon with any forms, documents, or certifications as may be required for Amazon to satisfy
        any information reporting or withholding tax obligations with respect to any payments under this Agreement.

         

        19.15
        Amazon Data. Amazon Data is Amazon’s Confidential Information. Amazon owns and reserves all right, title, and
        interested in and to the Amazon Data, including any Intellectual Property Rights in the Amazon Data. Except as expressly
        set forth in the Agreement, Supplier has no right to use or disclose any Amazon Data, and no right, title, or interest
        in the Amazon Data is transferred to Supplier. Supplier may collect, use, store and retain only the Amazon Data that is
        expressly authorized under the applicable Purchase Order, and then may only collect, use, store and retain that Amazon
        Data solely as necessary for Supplier to provide the Products or perform the Services in accordance with this Agreement
        and that Purchase Order. Supplier (including its Affiliates and their Personnel) will not otherwise collect, monitor,
        use or retain any Data related to Amazon or its Affiliates. Supplier will not collect Amazon Data by means other than
        those authorized in this Agreement and the applicable Purchase Order, or as otherwise agreed in writing through an amendment
        to this Agreement or the applicable Purchase Order. Supplier will at no time monitor, collect, use or store any personally
        identifiable information other than on behalf of, and as directed by, Amazon. Without limiting any other rights or remedies
        that may be available to Amazon, Amazon may terminate this Agreement and any Purchase Orders immediately upon written
        notice to Supplier if Supplier breaches any of the provisions set forth in this Section 19.15. Within 30 days of
        Amazon’s request, Supplier will deliver to Amazon any Amazon Data in Supplier’s possession or control in a
        format and media reasonably acceptable to Amazon and (if requested by Amazon) will destroy all Amazon Data in compliance
        with Exhibit C.
	 	19.16
                                         Information Security. Supplier will comply in all respects with the Information Security
                                         Requirements, as updated from time to time (“InfoSec Policy”), the
                                         current version of which is attached to this Agreement as Exhibit C. In addition,
                                         Supplier will implement and maintain appropriate security measures in order to restrict
                                         access to Amazon Data to solely Supplier personnel that are performing Services for Amazon
                                         under the applicable Purchase Order. Supplier will immediately notify Amazon of any security
                                         breach relating to the Products or Services that may involve Amazon Data or any other
                                         Amazon Confidential Information.

         

        19.17
        No Obligation. Purchaser has no obligation to purchase any Product or Services. Nothing in this Agreement restricts
        Amazon’s and its Affiliates’ ability to directly and indirectly acquire, license, develop, manufacture, or
        distribute similar products with the same or similar functions as the Product or to perform services similar to the Services.
        Without limiting the foregoing, nothing in this Agreement will be construed as creating a requirements contract.

         

        19.18
OFCCP Flow Down. To the extent applicable to Supplier for sales under this Agreement to Amazon or Amazon Affiliates in the
U.S.:

         

        As applicable, this contractor and subcontractor will abide by the requirements of 41 CFR §§ 60-1.4(a), 60-300.5(a)
and 60-741.5(a). These regulations prohibit discrimination against qualified individuals based on their status as protected veterans
or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, religion, sex,
or national origin. Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action
to employ and advance in employment individuals without regard to race, color, religion, sex, national origin, protected veteran
status, or disability.

         

        19.19
        Entire Agreement. This Agreement, the Purchase Orders and Work Orders, together with all associated addendum, exhibits,
        and schedules, which are incorporated by this reference, and NDA, constitute the complete and final agreement of the parties
        pertaining to the Products and Services and supersede the parties’ related prior agreements, understandings, and
        discussions. To the extent that there is any conflict between the Standard Terms and an Addendum or other Exhibit, the
        Addendum or other Exhibit will control (in each case with the understanding that silence as to any given topic in any
        document does not create a conflict with terms expressly addressing that topic in another document). This Agreement and
        any Work Orders and addenda to this Agreement may be executed by facsimile and in counterparts, each of which (including
        signature pages) will be deemed an original, but all of which together will constitute one and the same instrument. The
        parties may use standard business forms or other communications, but use of these forms is for convenience only and does
        not alter the provisions of this Agreement. NEITHER PARTY WILL BE BOUND BY, AND EACH SPECIFICALLY OBJECTS TO, ANY PROVISION
        THAT IS DIFFERENT FROM OR IN ADDITION TO THIS AGREEMENT (WHETHER PROFFERED VERBALLY OR IN ANY QUOTATION, INVOICE, SHIPPING
        DOCUMENT, ACCEPTANCE, CONFIRMATION, CORRESPONDENCE, PROPOSAL, OR OTHERWISE), UNLESS THAT PROVISION IS SPECIFICALLY AGREED
        TO IN A WRITING SIGNED BY BOTH PARTIES.

 

 

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	20.       Definitions.
                                         For this Agreement, the following capitalized terms have the meanings listed here:

         

        20.1
        “Affiliate” means an entity that a party directly or indirectly controls, is controlled by, or
        is under common control with. As used in this definition, “control” means the possession, directly or indirectly,
        of the power to direct, the management or policies of a corporation, firm, business trust, joint venture, association,
        organization, company, partnership, or other business entity, whether through the ownership of voting securities, by contract,
        or otherwise.

         

        20.2
        “Amazon Data” means all Data (a) collected, received, stored or maintained by the Supplier in connection
        with all Purchaser use of the Products or Supplier’s performance of its obligations under this Agreement (including
        Data collected by or associated with any cookies), (b) provided by Amazon to Supplier, or (c) derived from (a) or (b).

         

        20.3
        [* * *].

         

        20.4
        “Change of Control” means:  (a) Control of a party is acquired by a single transaction or
        a series of related transactions by an entity which is not an Affiliate of that party (a “Non-Affiliated Entity”);
        or (b) all or a substantial part of the business or assets of a party are sold or transferred to any Non-Affiliated
        Entity by way of a single transaction or series of related transactions.

         

        20.5
        “Confidential Information” has the meaning given it in the NDA.

         

        20.6
        “Control” means the possession, directly or indirectly, of the power to direct, or cause the direction
        of, the management or policies of a corporation, firm, business trust, joint venture, association, organization, company,
        partnership or other business entity, whether through the ownership of voting securities (or other ownership interest),
        by contract or otherwise.

         

        20.7
        “Data” means any data, records, files, content or information, in any form or format, including
        interim, processed, compiled, summarized, or derivative versions of this data, content or information.

         

        20.8
        “Delivery Date” means the delivery date according to agreed upon Incoterms, for Product or start
        date for Services stated in a Purchase Order, Work Order or addendum, if the Delivery Date is rescheduled as permitted
        under Section 5.1 or by other written agreement of the parties, then it means the rescheduled Delivery Date.

         

        20.9
        “Documentation” means all documentation relating to the Products, including all user manuals, operating
        manuals and other instructions, specifications, documents and materials, in any form or media, that describe any component,
        feature, requirement or other aspect of the Products, including their functionality, testing, operation or use.

         

        20.10
        [* * *].

         

        20.11
        [* * *].

         

        20.12
        [* * *]. 

         

        20.13
        “Force Majeure” means an act of God, war, civil insurrection, material damage to, or destruction
        of Supplier’s facility, the effects of which could not been avoided by Supplier’s commercially reasonable
        efforts and could not have been avoided or corrected through the exercise of reasonable diligence.
	 	

        20.14
        “Forecast” means each Purchaser forecast, if any, of estimated Product quantities and delivery
        dates.

         

        20.15
        “Hazard” means any danger of bodily injury or property damage.

         

        20.16
        “Ink” means ink that conforms to the Specifications and properly functions in the printer Products
        purchased by Purchaser without modification of the printer Products or any degradation in their performance.

         

        20.17
        [* * *]

         

        20.18
        “Law” or “Laws” means all laws, ordinances, regulations, rules, orders, and
        other requirements (including requirements for licenses, permits, certifications and approvals) of governmental authorities
        having jurisdiction.

         

        20.19
        “Maintenance Services” means those services described in Exhibit D.

         

        20.20
        “Market Value” means (a) for a printer Product, the applicable purchase price paid by Purchaser
         [* * *] and (b) for any other Product, the applicable purchase price paid by Purchaser.

         

        20.21
        “NDA” means the Mutual Nondisclosure Agreement between the parties identified on the signature
        pages above.

         

        20.22
        “Non-Conforming Product” or “NC Product” means a Product unit that: (a) does
        not conform to the Specifications; or, (b) does not comply with all of Supplier’s warranties in this Agreement as
        set forth in Section 8.

         

        20.23
        “Pre-Existing Work” means inventions or developments made by Supplier prior to or separate of an
        Amazon Owned Work Product that are used in or included in the Amazon Owned Work Product.

         

        20.24
        “Product” means (i) each product listed on Schedule 1, (ii) any other Supplier product purchased
        by Purchaser under this Agreement, or printer Products purchased by Amazon or its affiliates prior to the Effective Date,
        and (iii) parts and consumables for the products in clause (i) and (ii) above, in each case, including any Software, whether
        imbedded in the Product or provided separately.

         

        20.25
        “Proprietary Rights” means any and all existing or future trademarks, trade secrets, copyrights,
        patents, mask works rights, neighboring rights, and any other intellectual property or proprietary rights whether registered
        or unregistered.

         

        20.26
        “Purchase Order” means each written order for the Product that Purchaser submits under this Agreement.

         

        20.27
        “Purchaser” means Amazon, an Amazon Affiliate, or any [* * *] (including its Affiliates) that purchases
        under this Agreement.

         

        20.28
        “Purchaser Device” means any Amazon device or equipment or component of the device or equipment.

         

        20.29
        “Rules” means all Amazon rules, regulations, policies, procedures, and guidelines, including background
        checks, safety, health, environmental, and hazardous material management rules, rules prohibiting misconduct, use of physical
        aggression against persons or property, harassment, or theft that are applicable to third parties accessing an Amazon
        site.

 

 

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        20.30
        “Software” means any software and firmware contained within or supplied with or for use with the
        Product (examples of the latter include drivers) or Services, and all future versions and generations of that software
        and firmware.

         

        20.31
        “Source Code” means the human-readable language form of the software code that comprises (in object
        code form) the Software, as the software code was prepared and written by the software engineer(s) who developed the applicable
        Software, together with any build tools (e.g., compilers, linkers and other related tools), compile/link scripts, logic
        diagrams, program comments, installation scripts and other documentation and tools necessary for an ordinarily skilled
        software engineer to understand and be able to address errors in or create ports, updates, or other modifications to the
        software code, or to recompile the same into fully functioning object code of the applicable Software.

         

        20.32
        “Specifications” means any Supplier specifications attached as Schedule 2 or Documentation and
        any other materials agreed by the parties.

         

        20.33
        “Supplier” means the Supplier and each of its Affiliates that (i) Supplier utilizes to provide
        Products or Services under this Agreement, or (ii) accept Purchase Orders or Work Orders from a Purchaser for Amazon.

         

        20.34
        “Supplier Intellectual Property” is defined in Section 1.3.

         

        20.35
        “Supplier Technology” means all information, including fabrication drawings for all proprietary
        mechanical parts, formulas, manufacturing processes, bills of material, inventions, works of authorship, Source Code,
        object code, mask works, test procedures, test specifications, design specifications, schematics, assembly drawings, artwork,
        and any other information that would be useful to Amazon to modify, manufacture, develop, distribute, support, or maintain
        the Products, or any of them, which information is now in Supplier’s
	 	possession
                                         or which during the Term comes into Supplier’s possession. Without limiting the
                                         foregoing, Supplier Technology includes, for all Products to the extent essential for
                                         Amazon to modify (for the purpose of ensuring that the Products function correctly),
                                         manufacture, develop (for the purpose of ensuring that the Products function correctly),
                                         distribute, produce, support or maintain the Products: (a) all tooling details and
                                         procedures; (b) names, contact information, and reasonable detail regarding what
                                         each vendor does, for all vendors providing parts or services related to the manufacture,
                                         assembly, distribution, maintenance, and support of the Products; (c) all CAD and
                                         other electronic files related to production of the Products; (d) floor planning,
                                         layout, pad design, stack-up, and all relevant process information to manufacture and
                                         assemble the Products; (e) mask design files, design specifications to wafer vendor,
                                         packaging specifications, and other accompanying data for any proprietary chip production,
                                         dicing, testing, encapsulation, and bring-up; (f) all engineering specifications
                                         and detail, including all electronic files and formulas, necessary to manufacture all
                                         varieties of Ink (including without limitation, all Ink Technology) and all other consumables
                                         that Supplier makes available for the Products; and (g) all manuals, processes,
                                         and other information (including knowledge bases) necessary to provide support and maintenance
                                         for the Products.

         

        20.36
        “Term” is defined in Section 17.1.

         

        20.37
        “Work Order” means a written document signed by Supplier and Amazon or an Amazon Affiliate describing
        the terms and conditions for the performance of the covered Services.

         

        20.38
        “Work Product” means anything that Supplier is required to deliver to Amazon or an Amazon Affiliate
        (or to an [* * *] on behalf of Amazon) in connection with the Services or Products provided under this Agreement, including
        concepts, prototypes, works, inventions, information, drawings, designs, programs, or software (whether developed by Supplier,
        Supplier Affiliates or Supplier ́s subcontractors or any of their personnel, either alone or with others, and whether
        completed or in-progress).

 

 

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Exhibit B

 

[*
* *]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Exhibit C

 

INFORMATION
SECURITY REQUIREMENTS

 

		1.	SCOPE;
                                         DEFINITIONS

 

		1.1.	Security
                                         Policy. Supplier will comply in all respects with Amazon’s information security
                                         requirements set forth in this Exhibit C (the “Security Policy”).
                                         The Security Policy applies to Supplier’s performance under the Agreement and all
                                         access, collection, use, storage, transmission, disclosure, destruction or deletion of,
                                         and security incidents regarding, Amazon Information. This Security Policy does not limit
                                         other obligations of Supplier, including under the Agreement or Laws that apply to Supplier,
                                         Supplier’s performance under the Agreement, the Amazon Information or the Permitted
                                         Purpose. To the extent this Security Policy directly conflicts with the Agreement, Supplier
                                         will promptly notify Amazon of the conflict and will comply with the requirement that
                                         is more restrictive and more protective of Amazon Information (which may be designated
                                         by Amazon). Amazon may change this Security Policy from time to time at its sole discretion
                                         upon providing written notice to Supplier.

 

		1.2.	Permitted
                                         Purpose. Supplier may access, collect, use, store, and transmit only the Amazon Information
                                         expressly authorized under the Agreement and solely for the purpose of providing the
                                         services under the Agreement, consistent with the licenses (if any) granted under the
                                         Agreement (the “Permitted Purpose”). Except as expressly authorized
                                         under the Agreement, Supplier will not access, collect, use, store or transmit any Amazon
                                         Information and will not Aggregate Amazon Information, even if Anonymized. Except with
                                         Amazon’s prior express written consent, Supplier will not (1) transfer, rent, barter,
                                         trade, sell, rent, loan, lease or otherwise distribute or make available to any third
                                         party any Amazon Information or (2) Aggregate Amazon Information with any other information
                                         or data, even if Anonymized.

 

		1.3.	Definitions.

 

		1.3.1.	“Aggregate”
                                         means to combine or store Amazon Information with any data or information of Supplier
                                         or any third party.

 

		1.3.2.	“Anonymize”
                                         means to use, collect, store, transmit or transform any data or information (including
                                         Amazon Information) in a manner or form that does not identify, permit identification
                                         of, and is not otherwise attributable to any user, device identifier, source, product,
                                         service, context, brand, or Amazon or its affiliates.

 

		1.3.3.	“Amazon
                                         Information” means, individually and collectively: (a) all Amazon Confidential
                                         Information (as defined in the Agreement or in the nondisclosure agreement between the
                                         Parties); (b) all other data, records, files, content or information, in any form or
                                         format, acquired, accessed, collected, received, stored or maintained by Supplier or
                                         its affiliates from or on behalf of Amazon or its affiliates, or otherwise in connection
                                         with the Agreement, the services, or the Parties’ performance of or exercise of
                                         rights under or in connection with the Agreement (including Amazon Data); and (c) derived
                                         from (a) or (b), even if Anonymized.

 

		2.	AMAZON
                                         SECURITY POLICY.

 

		2.1.	Basic
                                         Security Requirements. Supplier will, consistent with current best industry standards
                                         and such other requirements specified by Amazon based on the classification and sensitivity
                                         of Amazon Information, maintain physical, administrative and technical safeguards and
                                         other security measures (i) to maintain the security and confidentiality of Amazon Information
                                         accessed, collected, used, stored or transmitted by Supplier, (ii) to protect that information
                                         from known or reasonably anticipated threats or hazards to its security and integrity,
                                         accidental loss, alteration, disclosure and all other unlawful forms of processing, and
                                         (iii) that do not constitute unfair, deceptive or abusive acts or practices with respect
                                         to Amazon Information. Without limitation, Supplier will comply with the following requirements:

 

		2.1.1.	Firewall.
                                         Supplier will install and maintain a working network firewall to protect data accessible
                                         via the Internet and will keep all Amazon Information protected by the firewall at all
                                         times. The firewall must provide both ingress and egress filtering, and have a default
                                         policy of blocking network traffic.

 

		2.1.2.	Updates.
                                         Supplier will keep its systems and software up-to-date with the latest upgrades, updates,
                                         bug fixes, new versions and other modifications necessary to ensure security of the Amazon
                                         Information.

 

		2.1.3.	Anti-virus.
                                         Supplier will at all times use best of breed anti-virus software and scanning technologies,
                                         and regularly updated signature files, to ensure that all operating systems, software
                                         and other systems hosting, storing, processing, or that have access to Amazon Information
                                         and are known to be susceptible or vulnerable to being infected by or further propagating
                                         viruses, spyware and malicious code, are and remain free from such viruses, spyware and
                                         malicious code. Supplier will mitigate threats from all viruses, spyware, and other malicious
                                         code that are or should reasonably have been detected.

 

 

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		2.1.4.	Supplier
                                         Policy. Supplier will maintain and enforce an information and network security policy
                                         for employees, subcontractors, agents, and suppliers that meets the standards set out
                                         in this policy, including methods to detect and log policy violations. Upon request by
                                         Amazon, Supplier will provide Amazon with information on violations of Supplier’s
                                         information and network security policy, even if it does not constitute a Security Incident.

 

		2.1.5.	Testing.
                                         Supplier will regularly test its security systems and processes to ensure they meet the
                                         requirements of this Security Policy.

 

		2.1.6.	Access
                                         Controls. Supplier will secure Amazon Information, including by complying with the
                                         following requirements:

 

		(A)	Supplier
                                         will assign a unique ID to each person with computer access to Amazon Information.

 

		(B)	Supplier
                                         will restrict access to Amazon Information to only those people with a “need-to-know”
                                         for a Permitted Purpose.

 

		(C)	Supplier
                                         will regularly review the list of people and services with access to Amazon Information,
                                         and remove accounts that no longer require access. This review must be performed at least
                                         once every 180 days.

 

		(D)	Supplier
                                         will not use manufacturer-supplied defaults for system passwords and other security parameters
                                         on any operating systems, software or other systems. Supplier will mandate and ensure
                                         the use of system-enforced “strong passwords” in accordance with the best
                                         practices (described below) on all systems hosting, storing, processing, or that have
                                         or control access to, Amazon Information (e.g., internal system-level account passwords)
                                         and will require that all passwords and access credentials are kept confidential (e.g.,
                                         not shared amongst personnel). Passwords must EITHER:

 

		i.	[*
                                         * *], OR

 

		ii.	Meet
                                         the following criteria:

 

		a.	[*
                                         * *];

 

		b.	[*
                                         * *].

 

		c.	do
                                         not match previous passwords, the user’s login, a dictionary word or common name;
                                         and

 

		d.	are
                                         regularly replaced after no more than [* * *].

 

		(E)	Supplier
                                         will maintain and enforce “account lockout” by disabling accounts with access
                                         to Amazon Information when an account exceeds more than 10 consecutive incorrect password
                                         attempts.

 

		(F)	Supplier
                                         will track all access to Amazon Information by unique ID and will maintain a secure record
                                         of that access for at least the trailing 90 days, or such longer period specified by
                                         Amazon based on the classification and sensitivity of the Amazon Information.

 

		(G)	Except
                                         where expressly authorized by Amazon in writing, Supplier will isolate Amazon Information
                                         at all times (including in storage, processing or transmission), from Supplier’s
                                         and any third party information.

 

		(H)	If
                                         additional physical access controls are specified in an Order based on the classification
                                         and sensitivity of Amazon Information, Supplier will implement and use those secure physical
                                         access control measures.

 

		(I)	Supplier
                                         will provide to Amazon, on an annual basis or more frequently upon Amazon’s request,
                                         (1) log data about all use (both authorized and unauthorized) of Amazon’s accounts
                                         or credentials provided to Supplier for use on behalf of Amazon (e.g., social medial
                                         account credentials), and (2) detailed log data about any impersonation of, or attempt
                                         to impersonate, Amazon personnel or Supplier personnel with access to Amazon Information.

 

		(J)	Supplier
                                         will regularly review access logs for signs of malicious behavior or unauthorized access.

 

		2.1.7.	[*
                                         * *].

 

 

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		2.1.8.	“In
                                         Bulk” Access. Except where expressly authorized by Amazon in writing, Supplier
                                         will not access, and will not permit access to, Amazon Information “in bulk”
                                         whether the Amazon Information is in an Amazon- or Supplier-controlled database or stored
                                         in any other method, including storage in file-based archives (e.g., flatfiles), etc.
                                         For purposes of this section, “in bulk” access means accessing data by means
                                         of database query, report generation or any other mass transfer of data. Specifically,
                                         this section prohibits any access to Amazon Information except for access to individual
                                         records as needed for the Permitted Purpose. Supplier will preserve detailed log data
                                         on attempted or successful “in bulk” access to Amazon Information, and provide
                                         reports from these logs as part of its obligations under Section 2.6 (Security Review).
                                         In the event that an Order provides Amazon’s written authorization for access to
                                         Amazon Information “in bulk”, Supplier will (1) limit such access to specified
                                         employees and specific roles with the “need to know”, and (2) use tools that
                                         limit access and require explicit authorization and logging of all access.

 

		2.1.9.	Supplier
                                         Personnel. Amazon may condition access to Amazon Information by Supplier personnel
                                         on (i) Amazon’s pre-approval of the authorized Supplier personnel and (ii) Supplier
                                         personnel’s execution and delivery to Amazon of individual nondisclosure agreements,
                                         the form of which is specified by Amazon. If Amazon informs Supplier that these restrictions
                                         apply to particular Amazon Information, Supplier will (a) immediately restrict access
                                         to that Amazon Information and all related information to only those Supplier personnel
                                         that satisfy the conditions imposed by Amazon, (b) if required by Amazon, obtain and
                                         deliver to Amazon signed individual nondisclosure agreements from Supplier personnel
                                         that will have access to the Amazon Information (prior to granting access or providing
                                         information to the Supplier personnel), (c) maintain a list of all Supplier personnel
                                         who have accessed or received the Amazon Information and promptly provide that list to
                                         Amazon upon request, and (d) notify Amazon no later than 24 hours after any specific
                                         individual Supplier personnel authorized to access Amazon Information in accordance with
                                         this section: (y) no longer needs access to Amazon Information or (z) no longer qualifies
                                         as Supplier personnel (e.g., the personnel leaves Supplier’s employment).

 

		2.2.	Access
                                         to Amazon Extranet and Supplier Portals. Amazon may grant Supplier access to Amazon
                                         Information via web portals or other non-public websites or extranet services on Amazon’s
                                         or a third party’s website or system (each, an “Extranet”) for
                                         the Permitted Purpose. If Amazon permits Supplier to access any Amazon Information using
                                         an Extranet, Supplier must comply with the following requirements:

 

		2.2.1.	Permitted
                                         Purpose. Supplier and its personnel will access the Extranet and access, collect,
                                         use, view, retrieve, download or store Amazon Information from the Extranet solely for
                                         the Permitted Purpose.

 

		2.2.2.	Accounts.
                                         Supplier will ensure that Supplier personnel use only the Extranet account(s) designated
                                         for each individual by Amazon and will require Supplier personnel to keep their access
                                         credentials confidential. .

 

		2.2.3.	Systems.
                                         Supplier will access the Extranet only through computing or processing systems or applications
                                         running operating systems managed by Supplier and that include: (i) system network firewalls
                                         in accordance with Section 2.1 (Firewall); (ii) centralized patch management in compliance
                                         with Section 2.1.1 (Updates); (iii) operating system appropriate anti-virus software
                                         in accordance with Section 2.1.3 (Supplier Policy); and (iv) for portable devices, full
                                         disk encryption in accordance with Section 2.2.5 (Data Transmission).

 

		2.2.4.	Restrictions.
                                         Except if approved in advance in writing by Amazon, Supplier will not download, mirror
                                         or permanently store any Amazon Information from any Extranet on any medium, including
                                         any machines, devices or servers,.

 

		2.2.5.	Account
                                         Termination. Supplier will terminate the account of each of Supplier’s personnel
                                         and notify Amazon no later than 24 hours after any specific Supplier personnel who has
                                         been authorized to access any Extranet (a) no longer needs access to Amazon Information
                                         or (b) no longer qualifies as Supplier personnel (e.g., the personnel leaves Supplier’s
                                         employment).

 

		2.3.	Data
                                         Transmission. Supplier will comply with Amazon’s standards for protecting the
                                         confidentiality and integrity of all transmissions of Amazon Information, including the
                                         requirements set forth below. Supplier acknowledges and agrees that Amazon’s choice
                                         of encryption mechanisms may depend on a number of factors such as technical capability,
                                         transaction volume, latency requirements, and availability requirements.

 

		2.3.1.	Encryption.
                                         If Supplier transmits Amazon Information, it must transmit all Amazon Information using
                                         an Amazon-approved mechanism for data transmission, which include the following (and
                                         may include other methods as specified by Amazon):

 

		(A)	Accepted
                                         Encryption Algorithms.

 

		i.	[*
                                         * *]

 

		ii.	[*
                                         * *]

 

		iii.	[*
* *].

 

 

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		(B)	Accepted
                                         Transport encryption methods

 

		i.	Common
                                         Internet protocols (e.g., AS2, HTTP, XML/HTTP) over TLS 1.2 or greater, with certificate-based
                                         authentication

 

		ii.	Digitally
                                         signed and encrypted PGP (Pretty Good Privacy) or GPG (Gnu Privacy Guard) or S/MIME (Secure
                                         MIME) or XML-ENC messages over any transport

 

		iii.	IPSec
                                         connections, using suites “VPN-B”, “Suite-B-GCM-128”
                                         or ”Suite-B-GCM-256”

 

		iv.	SFTP
                                         or SSH connections, using 128-bit (or stronger) symmetric encryption and host key verification.

 

		2.3.2.	Verification.
                                         For all message-based encryption schemes employing digital signatures (including PGP
                                         and S/MIME), Supplier will verify the digital signature of the message and reject all
                                         messages with invalid signatures.

 

		2.3.3.	Confidentiality.
                                         For all encryption schemes employing public key cryptography, Supplier will ensure the
                                         confidentiality of the private component of the public-private key pair and will promptly
                                         notify Amazon if the private key is compromised. Encryption keys must not be shared with
                                         Third Party Providers or any other third parties.

 

		2.3.4.	Third
                                         Party Systems. Without limitation, Supplier will only use the methods approved in
                                         Section 2.3 (Encryption) to encrypt files or backups that include any Amazon Information
                                         before storing such information in any third party systems, networks or other storage
                                         devices (including “cloud” services or public utility file storage services)
                                         (“Third Party System”).

 

		(A)	Supplier
                                         will give Amazon prior notice and obtain Amazon’s prior written approval before
                                         it uses any Third Party System that stores or may otherwise have access to Amazon Information,
                                         unless a) the data is encrypted in accordance with this Security Policy, and b) the Third
                                         Party System will not have access to the decryption key or unencrypted “plain text”
                                         versions of the data. Amazon reserves the right to require an Amazon security review
                                         (in accordance with Section 2.5 (Security Review)) of the Third Party System before giving
                                         approval.

 

		(B)	If
                                         Supplier uses any Third Party Systems that store or otherwise may access unencrypted
                                         Amazon Information, Supplier must perform a security review of the Third Party Systems
                                         and their security controls and will provide Amazon periodic reporting about the Third
                                         Party System’s security controls in the format requested by Amazon (e.g., SASE70
                                         or its successor report), or other recognized industry-standard report approved by Amazon).

 

		2.4.	Data
                                         Retention and Destruction.

 

		2.4.1.	Retention.
                                         Supplier will retain Amazon Information only for the purpose of, and as long as is necessary
                                         for, the Permitted Purpose.

 

		2.4.2.	Return
                                         or Deletion. Supplier will promptly (but within no more than 72 hours after Amazon’s
                                         request) return to Amazon and permanently and securely delete all Amazon Information
                                         upon and in accordance with Amazon’s notice requiring return and/or deletion. Also,
                                         Supplier will permanently and securely delete all live (online or network accessible)
                                         instances of the Amazon Information within 90 days after the earlier of completion of
                                         the Permitted Purpose or termination or expiration of the Agreement.

 

		2.4.3.	Archival
                                         Copies. If Supplier is required by Law to retain archival copies of Amazon Information
                                         for tax or similar regulatory purposes, this archived Amazon Information must be stored
                                         in one of the following ways:

 

		(A)	As
                                         a “cold” or offline (i.e., not available for immediate or interactive use)
                                         backup stored in a physically secure facility; or

 

		(B)	Encrypted
                                         in accordance with Section 2.2.5 (Data Transmission), where the system hosting or storing
                                         the encrypted file(s) does not have access to a copy of the key(s) used for encryption.

 

		2.4.4.	Recovery.
                                         If Supplier performs a “recovery” (i.e., reverting to a backup) for the purpose
                                         of disaster recovery, Supplier will have and maintain a process that ensures that all
                                         Amazon Information that is required to be deleted pursuant to the Agreement or this Security
                                         Policy will be re-deleted or overwritten from the recovered data in accordance with this
                                         Section 2.4 within 24 hours after recovery occurs. If Supplier performs a recovery for
                                         any purpose, no Amazon Information may be recovered to any third party system or network
                                         without Amazon’s prior written approval. Amazon reserves the right to require an
                                         Amazon security review (in accordance with Section 2.5 (Security Review)) of the third
                                         party system or network before permitting recovery of any Amazon Information to any third
                                         party system or network.

 

		2.4.5.	Deletion
                                         Standards. All Amazon Information deleted by Supplier will be deleted in accordance
                                         with the NIST Special Publication 800-88 Revision 1, Guidelines for Media Sanitation
                                         December 18, 2014 (available at http://nvlpubs.nist.gov/nistpubs/SpecialPublications/NIST.SP.800-88r1.pdf
                                         ), or through degaussing of magnetic media in an electromagnetic flux field of 5000+
                                         GER, or by shredding or mechanical disintegration, or such other standards Amazon may
                                         require based on the classification and sensitivity of the Amazon Information. With respect
                                         to Amazon Information encrypted in compliance with this Security Policy, this deletion
                                         may be done by permanently and securely deleting all copies of the keys used for encryption.

 

 

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		2.5.	Forensic
                                         Destruction. Before disposing in any manner of any hardware, software, or any other
                                         media that contains, or has at any time contained, Amazon Information, Supplier will
                                         perform a complete forensic destruction of the hardware, software or other media so that
                                         none of the Amazon Information can be recovered or retrieved in any form. Supplier will
                                         perform forensic destruction in accordance with the standards Amazon may require based
                                         on the classification and sensitivity of the Amazon Information. Supplier will not sell,
                                         resell, donate, refurbish, or otherwise transfer (including any sale or transfer of any
                                         such hardware, software, or other media, any disposition in connection with any liquidation
                                         of Supplier’s business, or any other disposition) any hardware, software or other
                                         media that contains, or has at any time contained, Amazon Information and all data storing
                                         devices have not been Forensically Destroyed by Supplier.

 

		2.6.	Security
                                         Review.

 

		2.6.1.	Initial
                                         Review. If Amazon requests, Supplier will undergo an initial security review (to
                                         be conducted by, and in accordance with standards specified by, Amazon or its authorized
                                         representatives), including the completion of a risk assessment questionnaire provided
                                         by Amazon. Supplier will cooperate and provide Amazon with all required information within
                                         a reasonable time frame but no more than 20 calendar days from the date of Amazon’s
                                         request.

 

		2.6.2.	Amazon
                                         reserves the right to periodically request Supplier to complete a new Amazon risk assessment
                                         questionnaire.

 

		2.6.3.	Certification.
                                         Upon Amazon’s written request, Supplier will certify in writing to Amazon that
                                         it is in compliance with this Agreement.

 

		2.6.4.	Other
                                         Reviews. Amazon reserves the right to periodically review the security of systems
                                         that Supplier uses to process Amazon Information. Supplier will cooperate and provide
                                         Amazon with all required information within a reasonable time frame but no more than
                                         20 calendar days from the date of Amazon’s request.

 

		2.6.5.	Remediation.
                                         If any security review identifies any deficiencies, Supplier will, at its sole cost and
                                         expense, promptly take all actions necessary to remediate those deficiencies.

 

		2.7.	Security
                                         Incidents. Supplier will inform Amazon within 8 hours of detecting any actual or
                                         suspected unauthorized access, collection, acquisition, use, transmission, disclosure,
                                         corruption or loss of Amazon Information, or breach of any environment (i) containing
                                         Amazon Information, or (ii) managed by Supplier with controls substantially similar to
                                         those protecting Amazon Information (each, a “Security Incident”).
                                         Supplier will remedy each Security Incident in a timely manner and provide Amazon written
                                         details regarding Supplier’s internal investigation regarding each Security Incident.
                                         Supplier agrees not to notify any regulatory authority, nor any customer, on behalf of
                                         Amazon unless Amazon specifically requests in writing that Supplier do so and Amazon
                                         reserves the right to review and approve the form and content of any notification before
                                         it is provided to any party. Supplier will cooperate and work together with Amazon to
                                         formulate and execute a plan to rectify all confirmed Security Incidents.

 

		2.8.	General.
                                         All choices (no matter how described) by Amazon under this Agreement will be made in
                                         its sole discretion. Any list of examples following “including” or “e.g.”
                                         is illustrative and not exhaustive, unless qualified by terms like “only”
                                         or “solely.” All references to standards for security requirements under
                                         this Security Policy refer to the specified standards and their respective successor
                                         versions or equivalent versions, as they may be updated, unless Amazon specifies otherwise.
                                         All notices under this Security Policy will be given in accordance with the requirements
                                         for notices under the Agreement.

 

 

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Exhibit D

 

SERVICES
AND SERVICE LEVEL AGREEMENT

 

		A.	[*
                                         * *]

 

		1.	[*
                                         * *]. 

 

		2.	[*
                                         * *]:

 

		2.1	[*
                                         * *]; 

 

		2.2	[*
                                         * *];

 

		2.3	[*
                                         * *];

 

		2.4	[*
                                         * *]; 

 

		2.5	[*
                                         * *]; 

 

		2.6	[*
                                         * *]; and

 

		2.7	[*
                                         * *]. 

 

		3.	SCHEDULED
                                         DOWNTIME. “Scheduled Downtime” is any amount of time that printer Products
                                         are not expected to be available and operable for access and use by Purchaser. Scheduled
                                         Downtime shall not exceed [* * *] % of total month hours. Scheduled Downtime includes:

 

		3.1	automatic
                                         self-maintenance or self-cleaning performed by the printer Products;

 

		3.2	scheduled
                                         outages by Supplier as agreed upon between the parties. Supplier shall notify Amazon
                                         at least 5 business days in advance of all scheduled outages of the printer Products
                                         in whole or in part.

 

		4.	[*
                                         * *]. 

 

		5.	[*
                                         * *]. 

 

		5.1	[*
                                         * *].

 

		5.2	[*
                                         * *]. 

 

		5.3	[*
                                         * *]. 

 

B.
Maintenance and Warranty Services.

 

Supplier
shall provide Maintenance and Warranty Services for the Products (collectively, “Support Services”) in accordance
with the provisions of this Exhibit D at the rates specified in Schedule 1.

 

 

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		1.	MAINTENANCE
                                         SERVICE RESPONSIBILITIES. Supplier shall:

 

		1.1	[*
                                         * *];

 

		1.2	[*
                                         * *];

 

		1.3	[*
                                         * *];

 

		1.4	[*
                                         * *];

 

		1.5	[*
                                         * *];

 

		1.6	[*
                                         * *];

 

		1.7	[*
                                         * *];

 

		1.8	[*
                                         * *]; and 

 

		1.9	[*
                                         * *].

 

		2.	SERVICE
                                         MAINTENANCE. Supplier shall make continuous efforts to [* * *]:

 

		2.1	[*
                                         * *].

 

		2.2	[*
                                         * *]; and

 

		2.3	[*
                                         * *].

 

		3.	SUPPORT
                                         SERVICE LEVEL REQUIREMENTS. Supplier shall [* * *]. 

 

		3.1	[*
                                         * *]. 

 

		3.2	Response
                                         and Resolution Time Service Levels. [* * *]

 

		3.3	Escalation.
                                         [* * *].

 

		4.	AMAZON
                                         FACILITIES. Services will be provided, upon election by Amazon, at facilities in,
                                         but not limited to, the following US regions (and approximate metropolitan areas) (collectively,
                                         along with other facilities mutually agreed upon, the “Amazon Facilities”):

 

		■	[*
                                         * *]

 

Note:
[* * *].

 

		5.	SERVICE
                                         CONTACTS. Supplier hereby designates the following people as Support Contacts:

 

[NAME
1]

 

[EMAIL
ADDRESS]

 

[PHONE
NUMBER]

 

[NAME
2]

 

[EMAIL
ADDRESS]

 

[PHONE
NUMBER]

  

 

 

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SCHEDULE
1

 

PRICING

 

Printers

 

Purchase
Price

 

Over
any [* * *] period starting on May 1, 2016 or its anniversary (each, a “Printer Measurement Period”), Purchaser
may purchase AV-1000 printers from Supplier for:

 

	Number of Printers Ordered by Purchaser during Applicable Printer Measurement Period	 	 	Cost per AV-1000 printer	 
	[* * *]	 	 	[* * *]	 
	[* * *]	 	 	[* * *]	 

 

Rebate
Terms

 

Upon
Purchaser’s placement of an order which would result in [* * *] printers having been invoiced or ordered for immediate shipment
within a Printer Measurement Period, a rebate of $[* * *] (the “Printer Volume Rebate”) will be applied to
the order. If the total amount of the order is less than Printer Volume Rebate, then Supplier will credit any remainder of the
Printer Volume Rebate against any Purchaser accounts receivable outstanding at the time of the order. If after such credit is
applied any portion of the Printer Volume Rebate remains, Supplier will remit payment of such remainder to Amazon within 30 days
of the applicable order.

 

Shipping

 

The
Purchaser will be charged Supplier’s cost of shipping the applicable printer Product units to a Purchaser - with no markup.
Shipping costs to Purchaser designated locations in the United States shall not exceed (“Max Printer Shipping Charge”):

 

		■	Via
                                         Sea Freight - $[* * *] per printer Product unit

 

		■	Via
                                         Air Freight - $[* * *] per printer Product unit

 

The
Max Printer Shipping Charge for shipping to locations outside of the United States will be agreed upon by the parties prior to
shipment.

 

The
parties will discuss the Max Printer Shipping Charge at least once a year and may adjust the Max Printer Shipping Charge by mutual
written agreement. The Max Printer Shipping Charge may be exceeded only if agreed to by Amazon prior to shipment.

 

Ink

 

Purchase
Price

 

Over
any [* * *] period starting on May 1, 2016 or its anniversary (each, an “Ink Measurement Period”), Purchaser
may purchase ink from Supplier for:

 

	Liters of Ink Ordered by Purchaser during Applicable Ink Measurement Period	 	 	Cost per liter	 
	[* * *]	 	 	[* * *]	 
	[* * *]	 	 	[* * *]	 
	[* * *]	 	 	[* * *]	 
	[* * *]	 	 	[* * *]	 

 

Rebate
Terms

 

		●	[*
                                         * *]

 

Shipping

 

[*
* *]

 

 

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Parts

 

Purchase
Price

 

All
printer Product parts will be provided during the Warranty Period at no cost to Purchaser.

 

After
the expiration of the Warranty Period, Purchaser will be charged at Supplier’s actual cost for such Product part plus a
10% markup. Supplier will provide documentation of its direct costs upon Amazon’s request. Supplier will supply Purchaser
a price list for Product parts upon Amazon’s request.

 

Rebate
Terms

 

No
rebate for parts.

 

Shipping

 

During
the Warranty Period, Supplier will pay all costs associated with shipping printer Product parts.

 

After
the expiration of the Warranty Period, The Purchaser will be charged Supplier’s cost of shipping the applicable Product
parts with no markup.

 

Consumables

 

Purchase
Price

 

For
the 12 months after May 1st, all consumables other than fixation (including, but not limited to, flushing fluid, etc.), will be
sold to Purchaser [* * *].

 

Fixation
will be sold to Purchaser at $[* * *] per gallon.

 

Rebate
Terms

 

No
rebate for consumables.

 

Shipping

 

Purchaser
will be charged for Supplier’s cost of shipping with no markup.

 

Upgrades

 

Purchase
Price

 

Purchaser,
at its sole discretion, may purchase upgrades for Product parts upon general availability of such upgrade and according to the
following schedule:

 

	Upgrade Part	 	 	Unit Price	 
	Recirculating print heads	 	 	[* * *]	 
	Bulk ink delivery system	 	 	[* * *]	 
	Quick release pallet	 	 	[* * *]	 

 

Rebate
Terms

 

[*
* *]

 

Warranty

 

Price

 

$[*
* *] per printer Product unit per Warranty Period Extension.

 

Maintenance
Services

 

Price

 

Maintenance
Services will cost $[* * *] per Purchaser designated site per year.

 

Software
products and Training

 

Software
products that are not embedded to the printing system and additional training requested by Amazon beyond that provided as part
of the Maintenance Services will be charged [* * *].

 

Calculation
of Purchase Volumes

 

When
calculating purchase volumes under this Agreement (e.g., for the purpose of determining pricing and rebates for printers and Ink),
all purchases by all Purchasers will be aggregated and that total purchase volume will be used.

 

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SCHEDULE 2

 

SPECIFICATIONS

 

[*
* *]

 

(total of 2 pages)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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SCHEDULE
3

 

OPEN
SOURCE SOFTWARE USED BY QPP 

 

	Software	 	Source	 	Source Link	 	License Link
	 	 	 	 	 	 	 
	.NET Framework	 	Microsoft	 	https://www.microsoft.com/net 
  
	 	https://msdn.microsoft.com/en-us/ library/ms994405.aspx
	 	 	 	 	 	 	 
	Log4net	 	Apache Logging Services	 	https://logging.apache.org/log4net 
 
    
	 	https://logging.apache.org/log4net/ license.html
	 	 	 	 	 	 	 
	State machine

toolkit	 	Code Project	 	http://www.codeproject.com/Articles/11663

/A-NET-State-Machine-Toolkit-Part-I	 	http://www.codeproject.com/info/ cpol10.aspx

 

 

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SCHEDULE
4

 

CONSIGNMENT
PARTS

 

[to
be agreed upon by the parties in the next monthly business 360 meeting ]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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	Page
                                         27 of 27Exhibit
4.14

 

EXECUTION
VERSION

 

 

 

TRANSACTION
AGREEMENT

 

Dated
as of January 10, 2017

 

by
and between

 

KORNIT
DIGITAL LTD. 

 

and

 

AMAZON.COM,
INC.

 

 

 

     

     

    

 

TABLE
OF CONTENTS

 

	 	 	Page
	 	 	 
	 	Article
    I	 
	 	 	 
	 	WARRANT
    ISSUANCE; CLOSING	 
	 	 	 
	1.1	Warrant
    Issuance	1
	1.2	Closing	2
	1.3	Interpretation	2
	 	 	 
	

                                                                                 
	Article
    II	 
	 	 	 
	 	REPRESENTATIONS
    AND WARRANTIES	 
	 	 	 
	2.1	Disclosure	3
	2.2	Representations
    and Warranties of the Company	4
	2.3	Representations
    and Warranties of Amazon	8
	 	 	 
	 	Article
    III	 
	 	 	 
	 	COVENANTS	 
	 	 	 
	3.1	Efforts	11
	3.2	Public
    Announcements	14
	3.3	Expenses	15
	3.4	Tax
    Treatment	15
	 	 	 
	 	Article
    IV	 
	 	 	 
	 	ADDITIONAL
    AGREEMENTS	 
	 	 	 
	4.1	Acquisition
    for Investment	15
	4.2	Legend	15
	4.3	Anti-takeover
    Provisions	16
	4.4	Transfer
    Restrictions	16
	4.5	Standstill
    Provisions	18
	 	 	 
	 	Article
    V	 
	 	 	 
	 	GOVERNANCE	 
	 	 	 
	5.1	Information
    Rights	20
	5.2	Tax
    Reporting Requirements	23
	5.3	Survival	24

 

     

     

    

 

	 	Article
    VI	 
	 	 	 
	 	REGISTRATION	 
	 	 	 
	6.1	Demand
    Registrations	25
	6.2	Piggyback
    Registrations	28
	6.3	Shelf
    Registration Statement	30
	6.4	Withdrawal
    Rights	33
	6.5	Intentionally
    omitted	33
	6.6	Holdback
    Agreements	33
	6.7	Registration
    Procedures	34
	6.8	Registration
    Expenses	41
	6.9	Miscellaneous	42
	6.10	Registration
    Indemnification	42
	6.11	Free
    Writing Prospectuses	45
	6.12	Survival	45
	 	 	 
	 	Article
    VII	 
	 	 	 
	 	DEFINITIONS	 
	 	 	 
	7.1	Defined
    Terms	46
	 	 	 
	 	Article
    VIII	 
	 	 	 
	 	MISCELLANEOUS	 
	 	 	 
	8.1	Termination
    of This Agreement; Other Triggers	54
	8.2	Amendment	55
	8.3	Waiver
    of Conditions	55
	8.4	Counterparts
    and Facsimile	55
	8.5	Governing
    Law; Submission to Jurisdiction; WAIVER OF JURY TRIAL	55
	8.6	Notices	56
	8.7	Entire
    Agreement, Etc	57
	8.8	Assignment	57
	8.9	Severability	58
	8.10	No
    Third Party Beneficiaries	58
	8.11	Specific
    Performance	58

 

     

     

    

 

	 	LIST
    OF SCHEDULES	 
	 	 	 
	SCHEDULE
    5.1(a): 	List
    of Information	 
	 	 	 
	 	LIST
    OF EXHIBITS	 
	 	 	 
	EXHIBIT
    A: 	PFIC
    Annual Information Statement	 
	 	 	 
	 	LIST
    OF ANNEXES	 
	 	 	 
	ANNEX
    A:	Form
    of Master Purchase Agreement	 
	 	 	 
	ANNEX
    B:	Form
    of Warrant 	 

 

     

     

    

 

This
TRANSACTION AGREEMENT, dated as of January 10, 2017 (this “Agreement”), is by and between Kornit Digital
Ltd., an Israeli limited company (the “Company”), and Amazon.com, Inc., a Delaware corporation (“Amazon”).

 

RECITALS:

 

WHEREAS,
subject to the terms and conditions hereof, each of the Company and Amazon has determined it to be advisable and in the best interests
of their respective companies and stockholders to enter into certain commercial arrangements as further set forth herein, including
by entering into, at the Closing, a Master Purchase Agreement by and between the Company and Amazon Corporate LLC, in the form
attached hereto as Annex A (collectively, the “Master Purchase Agreement”);

 

WHEREAS,
in connection with the transactions contemplated hereby, and subject to the terms and conditions hereof, the Company desires to
issue to Amazon.com NV Investment Holdings LLC, a wholly owned subsidiary of Amazon (“NV Investment Holdings”),
and NV Investment Holdings desires to acquire from the Company, at the Closing, a warrant to purchase a specified number of the
Company’s ordinary shares, NIS 0.01 par value per share (the “Ordinary Shares”); and

 

WHEREAS,
each of the parties wishes to set forth in this Agreement certain terms and conditions regarding, among other things, NV Investment
Holdings’ ownership of the Warrant and Warrant Shares (as defined below), as applicable (the “Shares”);

 

NOW,
THEREFORE, in consideration of the premises, and of the representations, warranties, covenants and agreements set forth herein,
and intending to be legally bound, the parties agree as set forth herein.

 

Article
I

 

WARRANT
ISSUANCE; CLOSING

 

1.1  Warrant
Issuance. On the terms and subject to the conditions set forth in this Agreement, the Company shall issue to NV Investment
Holdings, and NV Investment Holdings shall acquire from the Company, at the Closing, a warrant to purchase 2,932,176 Ordinary
Shares, subject to adjustment in accordance with its terms, in the form attached hereto as Annex B (the “Warrant”).
The issuance of the Warrant by the Company and the acquisition of the Warrant by NV Investment Holdings are referred to herein
as the “Warrant Issuance” and the Ordinary Shares issuable upon exercise of the Warrant are referred to herein
as the “Warrant Shares”.

 

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1.2  Closing.

 

(a)  The
closing of the Warrant Issuance (the “Closing”) shall take place at the offices of Debevoise & Plimpton
LLP, 919 Third Avenue, New York, New York 10022, immediately following the execution and delivery of this Agreement.

 

(b)  At
the Closing, the Company shall deliver to Amazon:

 

(i)  the
Warrant, as evidenced by a duly and validly executed warrant certificate dated as of the date hereof and bearing appropriate legends
as hereinafter provided for; and

 

(ii)  the
Master Purchase Agreement, duly executed by the Company.

 

(c)  At
the Closing, Amazon shall deliver to the Company:

 

(i)  the
Master Purchase Agreement, duly executed by Amazon Corporate LLC.

 

1.3  Interpretation.
When a reference is made in this Agreement to “Recitals,” “Articles,” “Sections,” “Annexes,”
“Schedules” or “Exhibits” such reference shall be to a Recital, Article or Section of, or Annex, Schedule
or Exhibit to, this Agreement unless otherwise indicated. The terms defined in the singular have a comparable meaning when used
in the plural, and vice versa. References to “herein,” “hereof,” “hereunder” and the like
refer to this Agreement as a whole and not to any particular section or provision, unless the context requires otherwise. References
to parties refer to the parties to this Agreement. The table of contents and headings contained in this Agreement are for reference
purposes only and are not part of this Agreement. Whenever the words “include,” “includes” or “including”
are used in this Agreement, they shall be deemed followed by the words “without limitation.” No rule of construction
against the draftsperson shall be applied in connection with the interpretation or enforcement of this Agreement, as this Agreement
is the product of negotiation between sophisticated parties advised by counsel. Any reference to a wholly owned subsidiary of
a person shall mean such subsidiary is directly or indirectly wholly owned by such person. All references to “$” or
“dollars” mean the lawful currency of the United States of America, and all references to “NIS” mean the
lawful currency of the State of Israel. Except as expressly stated in this Agreement, all references to any statute, rule or regulation
are to the statute, rule or regulation as amended, modified, supplemented or replaced from time to time (and, in the case of statutes,
include any rules and regulations promulgated under the statute) and to any section of any statute, rule or regulation include
any successor to the section. The term “Business Day” means any day, other than a Friday, a Saturday, a Sunday
or any other day on which commercial banks in Seattle, Washington or the State of Israel are authorized or required by applicable
law to be closed. With respect to the Shares, such term shall include any Ordinary Shares or other securities of the Company received
by NV Investment Holdings as a result of any stock split, stock dividend or distribution, other subdivision, reorganization, reclassification
or similar capital transaction.

 

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Article
II

 

REPRESENTATIONS
AND WARRANTIES

 

2.1  Disclosure.

 

(a)  “Material
Adverse Effect” means any change, effect, event, development, circumstance or occurrence (each, an “Effect”)
that, taken individually or when taken together with all other applicable Effects, has been, is or would reasonably be expected
to be materially adverse to (i) the business, assets, condition (financial or otherwise), prospects or results of
operations of the Company and its subsidiaries, taken as a whole, or (ii) the ability of the Company to complete the
transactions contemplated the Transaction Documents or to perform its obligations under the Transaction Documents; provided,
however, that in no event shall any of the following Effects, alone or in combination, be deemed to constitute, or be taken
into account in determining whether there has been, is or would be, a Material Adverse Effect: (A) any change in general
economic, market or political conditions; (B) conditions generally affecting the industry in which the Company operates;
(C) any change in generally accepted accounting principles in the United States (“GAAP”) or applicable
law; (D) any act of war (whether or not declared), armed hostilities, sabotage or terrorism, or any material escalation
or worsening of any such events, or any national disaster or any national or international calamity; (E) any failure,
in and of itself, to meet internal or published projections, forecasts, targets or revenue or earnings predictions for any period,
as well as any change, in and of itself, by the Company in any projections, forecasts, targets or revenue or earnings predictions
for any period (provided that the underlying causes of such failures (to the extent not otherwise falling within one of the other
exceptions in this proviso) may constitute or be taken into account in determining whether there has been, is, or would be, a
Material Adverse Effect); (F) any change in the price or trading volume of the Ordinary Shares (provided that the
underlying causes of such change (to the extent not otherwise falling within one of the other exceptions in this proviso) may
constitute or be taken into account in determining whether there has been, is or would be, a Material Adverse Effect); or (G) the
announcement of this Agreement or the other Transaction Documents, including, to the extent attributable to such announcement,
any loss of or adverse change in the relationship, contractual or otherwise, of the Company and its subsidiaries with their respective
employees, customers, distributors, licensors, licensees, vendors, lenders, investors, partners or suppliers; provided,
further, however, that any Effect referred to in clauses (A) through (D) may be taken into account in
determining whether or not there has been, is, or would be, a Material Adverse Effect to the extent such Effect has a disproportionate
adverse effect on the Company and its subsidiaries, taken as a whole, as compared to other participants in the industry in which
the Company and its subsidiaries operate (in which case any adverse effect(s) to the extent disproportionate may be taken into
account in determining whether or not there has been, is or would be a Material Adverse Effect).

 

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(b)  “Previously
Disclosed” means information set forth or incorporated in the Company’s Annual Report on Form 20-F for the fiscal
year ended December 31, 2015 or its other reports, statements and forms (including exhibits and other information incorporated
therein) filed with or furnished to the Securities and Exchange Commission (the “Commission”) under Sections
13(a), 14(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or under the
Securities Act of 1933, as amended (the “Securities Act”), in each case on or after December 31, 2015
(the “SEC Reports”) (in each case excluding any disclosures set forth in any risk factor section and in any
section relating to forward-looking or safe harbor statements), to the extent such SEC Reports are filed or furnished at least
five (5) Business Days prior to the execution and delivery of this Agreement.

 

Each
party acknowledges that it is not relying upon any representation or warranty of the other party, express or implied, not set
forth in the Transaction Documents. Amazon acknowledges that it has had an opportunity to conduct such review and analysis of
the business, assets, condition, operations and prospects of the Company and its subsidiaries, including an opportunity to ask
such questions of management and to review such information maintained by the Company and its subsidiaries, in each case as it
considers sufficient for the purpose of consummating the transactions contemplated by the Transaction Documents. Amazon further
acknowledges that it has had such an opportunity to consult with its own counsel, financial and tax advisers and other professional
advisers as it believes is sufficient for purposes of the transactions contemplated by the other Transaction Documents. For purposes
of this Agreement, the term “Transaction Documents” refers collectively to this Agreement, the Master Purchase
Agreement, the Warrant, and any other agreement entered into by and among the parties and/or their Affiliates on the date hereof
in connection with the transactions contemplated hereby or thereby, in each case, as amended, modified or supplemented from time
to time in accordance with their respective terms.

 

2.2  Representations
and Warranties of the Company. The Company represents and warrants as of the date of this Agreement to Amazon that:

 

(a)  Organization
and Authority. The Company has been and is a limited company duly organized and validly existing under the laws of the State
of Israel, the annual fees of the Company payable or due to the Israeli Companies Registrar have been duly paid, and the Company
is not an “infringing company” under Section 362A(a) of the Israeli Companies Law, 5759-1999. The Company has the
full corporate power and authority to own its properties and conduct its business in all material respects as currently conducted,
and, except as would not constitute a Material Adverse Effect, has been and is duly qualified as a foreign corporation for the
transaction of business and is in good standing under the laws of each other jurisdiction in which it owns or leases properties,
or conducts any business so as to require such qualification.

 

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(b)  Capitalization.
The authorized capital stock of the Company consists of 200,000,000 Ordinary Shares of which, as of the close of business on November
30, 2016, 30,835,930 shares were issued and outstanding. As of the close of business on November 30, 2016, the Company had (i)
options to purchase 2,884,098 Ordinary Shares outstanding under the Company's 2004 Share Option Plan, 2012 Share Incentive Plan
and 2015 Incentive Compensation Plan, and 1,130,169 Ordinary Shares reserved for additional grants under the Company's 2015 Incentive
Compensation Plan (the “Company Stock Plans”), and (ii) no other restricted shares, restricted share units
or other share based awards outstanding under the Company Stock Plans. The outstanding Ordinary Shares have been duly authorized
and are validly issued and outstanding, fully paid and nonassessable, and subject to no preemptive rights (and were not issued
in violation of any preemptive rights, the Company’s articles of association, or any applicable laws). Except as set forth
above or pursuant to the Transaction Documents, there are no (A) shares of capital stock or other equity interests
or voting securities of the Company authorized, reserved for issuance, issued or outstanding, (B) options, warrants,
calls, preemptive rights, subscription or other rights, instruments, agreements, arrangements or commitments of any character,
obligating the Company or any of its subsidiaries to issue, transfer or sell or cause to be issued, transferred or sold any shares
of capital stock or other equity interest or voting security in the Company or any securities or instruments convertible into
or exchangeable for such shares of capital stock or other equity interests or voting securities, or obligating the Company or
any of its subsidiaries to grant, extend or enter into any such option, warrant, call, preemptive right, subscription or other
right, instrument, agreement, arrangement or commitment, (C) outstanding contractual obligations of the Company or
any of its subsidiaries to repurchase, redeem or otherwise acquire any capital stock or other equity interest or voting securities
of the Company, or (D) issued or outstanding performance awards, units, rights to receive any capital stock or other
equity interest or voting securities of the Company on a deferred basis, or rights to purchase or receive any capital stock or
equity interest or voting securities issued or granted by the Company to any current or former director, officer, employee or
consultant of the Company. No subsidiary of the Company owns any shares of capital stock or other equity interest or voting securities
of the Company. There are no voting trusts or other agreements or understandings to which the Company or any of its subsidiaries
is a party with respect to the voting of the capital stock or other equity interest or voting securities of the Company. All options
granted and shares reserved or issued under the Company Stock Plans have been granted, reserved and issued in all material respects
in full compliance with their respective Company Stock Plan and applicable law.

 

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(c)  The
Warrant and Warrant Shares. The Warrant has been duly authorized by the Company and constitutes a valid and legally binding
obligation of the Company in accordance with its terms, except as the same may be limited by the Bankruptcy Exceptions, and the
Warrant Shares have been duly authorized and reserved for issuance upon exercise of the Warrant and, when so issued, will be validly
issued, fully paid and non-assessable, and free and clear of any liens or encumbrances, other than liens or encumbrances created
by the Transaction Documents, arising as a matter of applicable law or created by or at the direction of Amazon or any of its
Affiliates.

 

(d)  Authorization,
Enforceability.

 

(i)  The
Company has the full power and authority to execute and deliver this Agreement and the other Transaction Documents, as applicable,
to consummate the transactions contemplated hereby and thereby, and to carry out its obligations hereunder and thereunder. The
execution, delivery and performance by the Company of this Agreement and the other Transaction Documents to which it is a party
and the consummation of the transactions contemplated hereby and thereby have been duly authorized by all necessary corporate
(or analogous) action on the part of the Company and its stockholders, and no further approval or authorization is required on
the part of the Company or its stockholders. This Agreement and the other Transaction Documents, assuming the due authorization,
execution and delivery by the other parties hereto and thereto, are valid and binding obligations of the Company, enforceable
against the Company and such subsidiary, respectively, in accordance with their respective terms, except as the same may be limited
by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’
rights generally and general equitable principles, regardless of whether such enforceability is considered in a proceeding at
law or in equity (“Bankruptcy Exceptions”).

 

(ii)  The
execution, delivery and performance by the Company of this Agreement and the other Transaction Documents, as applicable, and the
consummation of the transactions contemplated hereby and thereby and compliance by the Company with any of the provisions hereof
and thereof, will not (A) violate, conflict with, or result in a breach of any provision of, or constitute a default
(or an event which, with notice or lapse of time or both, would constitute a default) under, or result in the termination of,
or accelerate the performance required by, or result in a right of termination or acceleration of, or result in the creation of,
any lien, security interest, charge or encumbrance upon any of the properties or assets of the Company or any of its subsidiaries
under any of the terms, conditions or provisions of (x) its articles of association (or analogous organizational documents),
or (y) any note, bond, mortgage, indenture, deed of trust, license, lease, agreement or other instrument or obligation
to which the Company or any of its subsidiaries is a party or by which it or any of its subsidiaries may be bound, or to which
the Company or any of its subsidiaries or any of the properties or assets of the Company or any of its subsidiaries is subject,
(B) subject to compliance with the statutes and regulations referred to in the next paragraph, violate any law, statute,
rule or regulation or any judgment, ruling, order, writ, injunction or decree applicable to the Company or any of its subsidiaries
or any of their respective properties or assets except, in the case of clauses (A)(y) and (B), for those occurrences that would
not constitute a Material Adverse Effect, (C) result in any payment (including severance, unemployment compensation, forgiveness
of indebtedness or otherwise) becoming due to any director or any employee of the Company or any of its subsidiaries under any
employment, compensation or benefit plan, program, policy, agreement or arrangement that is sponsored, maintained or contributed
to by the Company or any of its subsidiaries (each, a “Company Benefit Plan”) or otherwise; (D) increase
any benefits otherwise payable under any Company Benefit Plan; (E) result in any acceleration of the time of payment
or vesting of any such benefits; (F) require the funding or acceleration of funding of any trust or other funding
vehicle; or (G) constitute a “change in control,” “change of control” or other similar term
under any Company Benefit Plan; provided, however, that the foregoing shall not be deemed to include payments or other benefits
under a Company Benefit Plan that (a) gives effect to the Company’s performance of the Transaction Agreements insofar as
that performance impacts the Company’s overall results of operations, and (b) are made to any individual whose compensation
is based in part on performance related to a specific territory that is impacted by the Company’s performance of the Transaction
Agreements.

 

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(iii)  Other
than (A) such notices, filings, exemptions, reviews, authorizations, consents or approvals as have been made or obtained
as of the date hereof, and (B) notices, filings, exemptions, reviews, authorizations, consents or approvals as may
be required under, and other applicable requirements of (1) the Hart-Scott-Rodino Antitrust Improvements Act of 1976,
as amended (the “HSR Act”) (if the parties may not rely on the “Investment-Only” exemption to the
HSR Act), (2) any other Antitrust Laws, to the extent applicable, (3) the Exchange Act, (4) the
Securities Act, (5) The NASDAQ Stock Market, LLC and (6) the Israeli Encouragement Of Industrial Research And
Development Law, 5744-1984 (as amended, and all rules and regulations promulgated thereunder), no notice to, filing with, exemption
or review by, or authorization, consent or approval of, any federal, national, state, local, municipal, international or multinational
government or political subdivision thereof, governmental department, commission, board, bureau, agency, taxing or regulatory
authority, judicial or administrative body, official, tribunal or other instrumentality of any government, whether federal, state
or local, domestic or foreign, including the Israel Lands Authority and quasi-governmental authorities such as the BIRD Foundation,
or arbitrator or SRO (each, a “Governmental Entity”) is required to be made or obtained by the Company or any
of its subsidiaries in connection with the consummation by the Company or any of its subsidiaries of the Warrant Issuance and
the other transactions contemplated hereby and by the other Transaction Documents, except for any such notices, filings, exemptions,
reviews, authorizations, consents and approvals the failure of which to make or obtain would not constitute a Material Adverse
Effect. For purposes of this Agreement, “Antitrust Laws” means the HSR Act, the Sherman Act, as amended, the
Clayton Act, as amended, the Federal Trade Commission Act, as amended, and any other federal, state, local, domestic, foreign
or supranational laws that are designed to prohibit, restrict or regulate actions having the purpose or effect of monopolization
or restraint of trade or that provide for review of foreign investment.

 

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(e)  No
Material Adverse Effect. Since September 30, 2016, no Material Adverse Effect has occurred.

 

(f)  Reports.

 

(i)  Since
December 31, 2012, the Company has complied in all material respects with the filing requirements of Sections 13(a), 14(a)
and 15(d) of the Exchange Act, and of the Securities Act.

 

(ii)  The
SEC Reports, when they became effective or were filed with the Commission, as the case may be, complied in all material respects
with the requirements of the Securities Act, the Exchange Act and the Sarbanes-Oxley Act of 2002, as amended, as applicable, and
none of such documents, when they became effective or were filed with the Commission, as the case may be, contained an untrue
statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the statements
therein, in light of the circumstances in which they were made, not misleading.

 

(g)  Brokers;
Fees and Expenses. No broker, investment banker, financial advisor or other person is entitled to any broker’s, finder’s,
financial advisor’s or other similar fee or commission, or the reimbursement of expenses, in connection with the transactions
contemplated by this Agreement or the other Transaction Documents based upon arrangements made by or on behalf of the Company.

 

2.3  Representations
and Warranties of Amazon. Amazon hereby represents and warrants as of the date of this Agreement to the Company that:

 

(a)  Organization.
Amazon has been duly incorporated and is validly existing as a corporation in good standing under the laws of the State of Delaware,
with the corporate power and authority to own its properties and conduct its business in all material respects as currently conducted.

 

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(b)  Authorization,
Enforceability.

 

(i)  Amazon
and each of its subsidiaries that is a party to any other Transaction Document have the corporate or analogous power and authority
to execute and deliver this Agreement and the other Transaction Documents to which it is a party, to consummate the transactions
contemplated hereby and thereby, and to carry out its obligations hereunder and thereunder. The execution, delivery and performance
by Amazon, and by each of its subsidiaries that is a party to any other Transaction Document, as applicable, of this Agreement
and the other Transaction Documents to which it is a party and the consummation of the transactions contemplated hereby and thereby
have been duly authorized by all necessary corporate or analogous action on its, or such subsidiary’s or part, as applicable,
and no further approval or authorization is required on its, or such subsidiary’s part, as applicable. This Agreement and
the other Transaction Documents, assuming the due authorization, execution and delivery by the other parties hereto and thereto,
are valid and binding obligations of Amazon, and such subsidiary, as applicable, enforceable against it, and such subsidiary,
as applicable, in accordance with their respective terms, except as the same may be limited by Bankruptcy Exceptions. Notwithstanding
anything to the contrary contained herein, the exercise of the Warrant may require further board of director (or analogous) approvals
or authorizations on the part of Amazon or such subsidiary, as applicable (the “Exercise Approval”).

 

(ii)  The
execution, delivery and performance by Amazon, or any such subsidiary, as applicable, of this Agreement and the other Transaction
Documents to which it, or any such subsidiary is a party and the consummation of the transactions contemplated hereby and thereby
and compliance by it, and such subsidiary, as applicable, with any of the provisions hereof and thereof, will not (A) violate,
conflict with, or result in a breach of any provision of, or constitute a default (or an event which, with notice or lapse of
time or both, would constitute a default) under, or result in the termination of, or accelerate the performance required by, or
result in a right of termination or acceleration of, or result in the creation of, any lien, security interest, charge or encumbrance
upon any of its properties or assets under any of the terms, conditions or provisions of (x) subject to Exercise Approval,
its, or such subsidiary’s, as applicable, organizational documents or (y) any note, bond, mortgage, indenture,
deed of trust, license, lease, agreement or other instrument or obligation to which it, or such subsidiary, as applicable, is
a party or by which it, or such subsidiary, as applicable, may be bound, or to which it, or such subsidiary, as applicable, or
any of its, or such subsidiary’s, as applicable, properties or assets is subject, or (B) subject to compliance
with the statutes and regulations referred to in the next paragraph, violate any statute, rule or regulation or any judgment,
ruling, order, writ, injunction or decree applicable to it, or such subsidiary, as applicable, or any of its, or such subsidiary’s,
as applicable, properties or assets except, in the case of clauses (A)(y) and (B), for those occurrences that, individually or
in the aggregate, have not had and would not reasonably be expected to have, a material adverse effect on the ability of Amazon
to complete the transactions contemplated by the Transaction Documents or to perform its obligations under the Transaction Documents.

 

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(iii)  Other
than (A) such notices, filings, exemptions, reviews, authorizations, consents or approvals as have been made or obtained
as of the date hereof, and (B) notices, filings, exemptions, reviews, authorizations, consents or approvals as may
be required under, and other applicable requirements of (1) the HSR Act (if the parties may not rely on the “Investment-Only”
exemption to the HSR Act), (2) any other Antitrust Laws, to the extent applicable, (3) the Exchange Act
and (4) the Securities Act, no notice to, filing with, exemption or review by, or authorization, consent or approval
of, any Governmental Entity is required to be made or obtained by it or any of its subsidiaries in connection with the consummation
by Amazon or any of its subsidiaries of the Warrant Issuance and the other transactions contemplated hereby and by the other Transaction
Documents, except for any such notices, filings, exemptions, reviews, authorizations, consent and approvals the failure of which
to make or obtain have not had and would not reasonably be expected to have, individually or in the aggregate, a material adverse
effect on the ability of Amazon to complete the transactions contemplated by the Transaction Documents or to perform its obligations
under the Transaction Documents.

 

(c)  Ownership.
Other than pursuant to this Agreement and the other Transaction Documents, Amazon is not the Beneficial Owner of (i) any
Ordinary Shares or (ii) any securities or other instruments representing the right to acquire Ordinary Shares.

 

(d)  Brokers;
Fees and Expenses. No broker, investment banker, financial advisor or other person is entitled to any broker’s, finder’s,
financial advisor’s or other similar fee or commission, or the reimbursement of expenses, in connection with the transactions
contemplated by this Agreement or the other Transaction Documents based upon arrangements made by or on behalf of Amazon.

 

(e)  Survival.
The representations and warranties in this Agreement shall survive for twelve (12) months following the Closing.

 

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Article
III

 

COVENANTS

 

3.1  Efforts.

 

(a)  Subject
to the terms and conditions hereof (including the remainder of this Section 3.1) and the other Transaction Documents,
each party shall use its commercially reasonable efforts to take, or cause to be taken, all actions and to do, or cause to be
done, all things necessary, proper or desirable under applicable law to carry out the provisions hereof and thereof and give effect
to the transactions contemplated hereby and thereby. In furtherance and not in limitation of the foregoing, each of the parties
shall (i) subject to the provisions of this Section 3.1, including Section 3.1(d), use its
commercially reasonable efforts to obtain as promptly as reasonably practicable and advisable (as determined in good faith by
Amazon after consultation with the Company accordance with the first sentence of Section 3.1(d)) all exemptions, authorizations,
consents or approvals from, and to make all filings with and to give all notices to, all third parties, including any Governmental
Entities, required in connection with the transactions contemplated by this Agreement and the other Transaction Documents, which,
for the avoidance of doubt, shall include providing, as promptly as reasonably practicable and advisable, such information to
any Governmental Entity as such Governmental Entity may request in connection therewith, and (ii) cooperate fully
with the other party in promptly seeking to obtain all such exemptions, authorizations, consents or approvals and to make all
such filings and give such notices.

 

(b)  Without
limiting the generality of the foregoing, and only to the extent required by applicable law (including, for the avoidance of doubt,
any Antitrust Law) including, without limitation, in the event that the “Investment-Only” exemption is not available
to Amazon, (i) as promptly as reasonably practicable after written notice from Amazon, and in any event no later than
in accordance with established regulatory timeframes, the parties shall file any Notification and Report Forms required under
the HSR Act with the Federal Trade Commission and the United States Department of Justice (the date on which all such Notification
and Report Forms required under the HSR Act have been initially filed, the “HSR Filing Date”) and (ii) as
promptly as practicable after written notice from Amazon, file, make or give, as applicable, all other filings, requests or notices
required under any other Antitrust Laws, in each case with respect to the issuance of the Warrant Shares (the “Initial
Filing Transaction”) (the filings, requests and notices described in the foregoing clauses (i) and (ii), collectively,
the “Initial Antitrust Filings”). In addition, following the receipt of the Initial Antitrust Clearance, to
the extent required by applicable law (including, for the avoidance of doubt, any Antitrust Law) in connection with any further
issuance of Warrant Shares (in each case, whether in full or in part), the parties shall file, make or give, as applicable, as
promptly as reasonably practicable and advisable (as determined in good faith by Amazon after consultation with the Company in
accordance with the first sentence of Section 3.1(d)), any further required filings, requests or notices required
under any Antitrust Laws, including the HSR Act (collectively, the “Other Antitrust Filings”). Without limiting
the generality of the foregoing, each party shall supply as promptly as reasonably practicable to the appropriate Governmental
Entities any information and documentary material that may be required pursuant to the HSR Act or any other Antitrust Laws. For
purposes of this Agreement, the term “Initial Antitrust Clearance” as of any time means (x) prior
to such time, the expiration or termination of the waiting period under the HSR Act and the receipt of all exemptions, authorizations,
consents or approvals, the making of all filings and the giving of all notices, and the expiration of all waiting periods, pursuant
to any other Antitrust Laws, in each case to the extent required with respect to the Initial Filing Transaction, and (y) the
absence at such time of any applicable law or temporary restraining order, preliminary or permanent injunction or other judgment,
order, writ, injunction, legally binding agreement with a Governmental Entity, stipulation, decision or decree issued by any court
of competent jurisdiction or other legal restraint or prohibition under any Antitrust Law, in each case that has the effect of
preventing the consummation of the Initial Filing Transaction.

 

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(c)  Subject
to the terms and conditions hereof (including the remainder of this Section 3.1) and the other Transaction Documents,
and only to the extent required under the Antitrust Laws, each of the parties shall use its commercially reasonable efforts to
avoid or eliminate each and every impediment under any Antitrust Laws that may be asserted by any Governmental Entity, so as to
enable the parties to give effect to the transactions contemplated hereby and by the other Transaction Documents in accordance
with the terms hereof and thereof; provided, that notwithstanding anything to the contrary contained herein or in any of
the other Transaction Documents, nothing in this Section 3.1 shall require, or be construed to require, any party
or any of its Affiliates to agree to (and no party or any of its Affiliates shall agree to, without the prior written consent
of the other parties): (i) sell, hold separate, divest, discontinue or limit (or any conditions relating to, or changes
or restrictions in, the operation of) any assets, businesses or interests of it or its Affiliates (irrespective of whether or
not such assets, businesses or interests are related to, are the subject matter of or could be affected by the transactions contemplated
by the Transaction Documents); (ii) without limiting clause (i) in any respect, any conditions relating to, or
changes or restrictions in, the operations of any such assets, businesses or interests that would reasonably be expected to adversely
impact (x) the business of, or the financial, business or strategic benefits of the transactions contemplated hereby
or by any of the other Transaction Documents to it or its Affiliates, or (y) any other assets, businesses or interests
of it or its Affiliates; or (iii) without limiting clause (i) in any respect, any modification or waiver of the
terms and conditions of this Agreement or any of the other Transaction Documents that would reasonably be expected to adversely
impact (x) the business of, or financial, business or strategic benefits of the transactions contemplated hereby or
by any of the other Transaction Documents to it or its Affiliates, or (y) any other assets, businesses or interests
of it or its Affiliates.

 

(d)  Amazon
shall have the principal responsibility for devising and implementing the strategy (including with respect to the timing of filings)
for obtaining any exemptions, authorizations, consents or approvals required under the HSR Act or any other Antitrust Laws in
connection with the transactions contemplated hereby and by the other Transaction Documents; provided, however,
that Amazon shall consult in advance with the Company and in good faith take the Company’s views into account regarding
the overall antitrust strategy. Each of the parties shall promptly notify the other party of, and if in writing furnish the other
with copies of (or, in the case of oral communications, advise the other of), any substantive communication that it or any of
its Affiliates receives from any Governmental Entity, whether written or oral, relating to the matters that are the subject of
this Agreement or any of the other Transaction Documents and, to the extent reasonably practicable, permit the other party to
review in advance any proposed substantive written communication by such party to any Governmental Entity and consider in good
faith the other party’s reasonable comments on any such proposed substantive written communications prior to their submission.
No party shall, and each party shall cause its Affiliates not to, participate or agree to participate in any substantive meeting
or communication with any Governmental Entity in respect of the subject matter of the Transaction Documents, including on a “no
names” or hypothetical basis, unless (to the extent practicable) it or they consult with the other party in advance and,
to the extent practicable and permitted by such Governmental Entity, give the other party the opportunity to jointly prepare for,
attend and participate in such meeting or communication. The parties shall (and shall cause their Affiliates to) coordinate and
cooperate fully with each other in exchanging such information and providing such assistance as the other party may reasonably
request in connection with the matters described in this Section 3.1, including (x) furnishing to each
other all information reasonably requested to determine the jurisdictions in which a filing or submission under any Antitrust
Law is required or advisable, (y) furnishing to each other all information required for any filing or submission under
any Antitrust Law and (z) keeping each other reasonably informed with respect to the status of each exemption, authorization,
consent, approval, filing and notice under any Antitrust Law, in each case, in connection with the matters that are the subject
of this Agreement or any of the other Transaction Documents. The parties shall provide each other with copies of all substantive
correspondence, filings or communications between them or any of their Affiliates or representatives, on the one hand, and any
Governmental Entity or members of its staff, on the other hand, relating to the matters that are the subject of this Agreement
or any of the other Transaction Documents; provided that such material may be redacted as necessary to (1) comply
with contractual arrangements, (2) address good faith legal privilege or confidentiality concerns and (3) comply
with applicable law.

 

    	 	12	 

     

    

 

(e)  Subject
to the other provisions of this Agreement, including in this Section 3.1, in the event that any arbitral, administrative,
judicial or analogous action, claim or proceeding is instituted (or threatened to be instituted) by a Governmental Entity or any
other party challenging the transactions contemplated hereby or by any of the other Transaction Documents (“Transaction
Litigation”), neither party shall be required to contest and resist any such Transaction Litigation or to seek to have
vacated, lifted, reversed or overturned any judgment, ruling, order, writ, injunction or decree, whether temporary, preliminary
or permanent, that is in effect and that prohibits, prevents or restricts consummation or implementation of the transactions contemplated
hereby or by any of the other Transaction Documents. Each party shall keep the other party reasonably informed with respect to
any Transaction Litigation unless doing so would reasonably be likely to jeopardize any privilege of such party regarding any
such Transaction Litigation (subject to such party using commercially reasonable efforts to, and cooperating in good faith with
the other party in, developing and implementing reasonable alternative arrangements to provide such other party with such information).
Subject to the immediately preceding sentence, each party shall promptly advise the other party orally and in writing in connection
with, and shall consult with each other with respect to, any Transaction Litigation and shall in good faith give consideration
to each other’s advice with respect to such Transaction Litigation.

 

(f)  As
promptly as practicable following the date hereof, the Company shall adopt such amendments and take such further actions and do
or cause to be done all things necessary, proper or advisable under applicable law, to prevent the execution and delivery of the
Transaction Documents and the consummation of the transactions contemplated thereby from constituting a “change in control,”
“change of control” or other similar term under any Company Benefit Plan.

 

(g)  As
promptly as practicable after written notice from Amazon that Amazon has or will become an “Interested Party” (as
defined in the Israeli Securities Law-1968) of the Company, the parties shall give notice to the Israeli National Technological
Innovation Authority (formerly the Office of the Chief Scientist).

 

(h)  Notwithstanding
anything herein to the contrary, from and after the earlier of (i) the exercise of the Warrant in full and (ii) the
expiration, termination or cancellation of the Warrant without the Warrant having been exercised in full, no party shall have
any further obligations under this Section 3.1; provided, that this Section 3.1(h) shall in no
way relieve any party with respect to any breach by such party of this Section 3.1 prior to such time.

 

    	 	13	 

     

    

 

3.2  Public
Announcements.

 

(a)  The
parties acknowledge that the Company’s initial press release regarding the initial announcement of the transactions contemplated
by this Agreement and the other Transaction Documents to customers, suppliers, investors and employees and otherwise (the “Initial
Press Release”) has been agreed by the parties. After the transmission of the Initial Press Release, except as required
by applicable law or by the rules or requirements of any stock exchange on which the securities of a party are listed, no party
shall make, or cause to be made, or permit any of its Affiliates to make, any press release or public announcement or other similar
communications in respect of the Transaction Documents or the transactions contemplated thereby without prior written consent
(not to be unreasonably withheld, conditioned or delayed) of the other party, to the extent such release, announcement or communication
relates to the transactions contemplated hereby or by any of the other Transaction Documents. Notwithstanding the foregoing, no
party shall be required to receive the consent of the other party to any release, announcement or communication (including any
filing required to be made under the Exchange Act or the Securities Act) to the extent such release, announcement or communication
includes information (i) with respect to the transactions contemplated hereby or by any of the other Transaction Documents that
is consistent with the Initial Press Release; (ii) that is consistent with releases, announcements or other communications previously
consented to by the other party in accordance with this Section 3.2(a), (iii) that is required to be disclosed under U.S.
GAAP or (iv) that has previously been released by either of the parties hereto in respect of the transactions contemplated hereby
or the Transaction Documents without any violation of the terms of this Agreement. For the avoidance of doubt, subject to the
foregoing, to the extent any future disclosure (including communications with investors and analysts) relates to the Transaction
Documents or the any transaction contemplated thereby and contains any information not originally contained in the Initial Press
Release or inconsistent with the Initial Press Release, such disclosure shall be subject to the prior consent of the other party,
which shall not be unreasonably withheld.

 

(b)  Without
limiting the foregoing, in recognition of the importance to the Company and Amazon of taking appropriate steps to maintain the
confidentiality of agreements between the parties from the parties’ customers, competitors and suppliers, in the event that
the Company is legally required to file or otherwise submit any agreement to which Amazon is a party (each a “Disclosable
Agreement”) or any excerpt from or summary of any Disclosable Agreement with or to the Commission or any other regulatory
body or stock exchange (each, a “Disclosure Agency”) the filing or submission of which involves or could result
in public disclosure of such Disclosable Agreement or excerpt therefrom or summary thereof, the Company will (1) promptly notify
Amazon of such requirement to file or otherwise submit the Disclosable Agreement or any excerpt therefrom or summary thereof and
any applicable deadline for making such filing or submission, (2) provide Amazon with a reasonable opportunity to request (i)
a redaction of all information in the Disclosable Agreement or excerpt therefrom as requested by Amazon (in addition to any redactions
proposed by the Company) prior to filing or submitting such Disclosable Agreement or excerpt therefrom or summary thereof, and
(ii) the submission of one or more confidential treatment requests in support of such redactions with such arguments as requested
by Amazon, including in response to any comments or requests for information issued by the Commission or the applicable Disclosure
Agency, to which, in each case, the Company shall agree absent a reasonable basis for objection (and shall provide Amazon prompt
notice of any such objection, the basis therefor and a reasonable opportunity to consider and discuss such objection with the
Company), (3) provide Amazon (i) with copies of any comments and all other communications received from the Commission or the
applicable Disclosure Agency with respect to the Disclosable Agreement or confidential treatment thereof (including a reasonable
summary of any oral communications or other comments received other than in writing) as promptly as reasonably practicable and
(ii) with the Company’s proposed response to such comments at least three (3) Business Days before such response is submitted
to the Commission or the applicable Disclosure Agency, and (4) provide Amazon with a reasonable opportunity to propose revisions
within such three (3) Business Day-period to such the Company’s proposed response as requested by Amazon, and which revisions
the Company shall make absent a reasonable basis for objection (and shall provide Amazon prompt notice of any such objection,
the basis therefor and a reasonable opportunity to consider and discuss such objection with the Company), and, as applicable,
use its commercially reasonable efforts in responding to any such comments in order to pursue assurance that confidential treatment
will be granted. The Company will not file this Agreement, any Disclosable Agreement or any excerpt therefrom or summary or portion
thereof with any governmental authority or regulatory body, including the Commission or any Disclosure Agency, or disclose any
other Confidential Information in any manner, except to the extent (i) permitted above, or (ii) the Company determines in good
faith based on the advice of outside counsel that making such filing or submission without adhering to the requirements set forth
above is necessary to comply with Applicable Law. Notwithstanding anything in Section 8.1 of this Agreement to the contrary, the
provisions of this Section will survive for so long as the Master Purchase Agreement has not been terminated.

 

    	 	14	 

     

    

 

3.3  Expenses.
Unless otherwise provided in any Transaction Document, each of the parties shall bear and pay all costs and expenses incurred
by it or on its behalf in connection with the transactions contemplated under the Transaction Documents, including fees and expenses
of its own financial or other consultants, investment bankers, accountants and counsel.

 

3.4  Tax
Treatment. No later than 90 days after the Warrant Issuance, Amazon shall provide the Company with a valuation of the Warrant
for tax purposes, taking into account the vesting schedule and any other relevant economic assumptions or inputs with respect
to such Warrant as determined by Amazon. Such valuation shall be binding on Amazon and the Company for all U.S. tax purposes.
Amazon and the Company shall treat the Warrant Issuance as a closed, taxable transaction occurring on the date of the Warrant
Issuance, rather than as an open transaction, for U.S. tax purposes. Neither Amazon nor the Company shall take any position for
tax purposes that is inconsistent with the foregoing, unless required by applicable law.

 

Article
IV

 

ADDITIONAL
AGREEMENTS

 

4.1  Acquisition
for Investment. Amazon acknowledges that the issuance of the Warrant and the Warrant Shares has not been registered under
the Securities Act or under any state securities laws. Amazon (i) acknowledges that it is acquiring the Warrant and
the Warrant Shares pursuant to an exemption from registration under the Securities Act solely for investment with no present intention
to distribute them to any person in violation of the Securities Act or any other applicable securities laws, (ii) agrees
that it shall not (and shall not permit its Affiliates to) sell or otherwise dispose of the Warrant or the Warrant Shares, except
in compliance with the registration requirements or exemption provisions of the Securities Act and any applicable securities laws,
(iii) acknowledges that it has such knowledge and experience in financial and business matters and in investments
of this type that it is capable of evaluating the merits and risks of the Warrant Issuance and of making an informed investment
decision, and has conducted a review of the business and affairs of the Company that it considers sufficient and reasonable for
purposes of consummating the Warrant Issuance, (iv) acknowledges that it is able to bear the economic risk of the
Warrant Issuance and is able to afford a complete loss of such investment and (v) acknowledges that it is an “accredited
investor” (as that term is defined by Rule 501 under the Securities Act).

 

4.2  Legend.
Amazon agrees that all certificates or other instruments representing the Warrant and the Warrant Shares shall bear a legend substantially
to the following effect:

 

“THE
SECURITIES REPRESENTED BY THIS INSTRUMENT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES
LAWS OF ANY STATE AND MAY NOT BE TRANSFERRED, SOLD OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT
UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS OR PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER SUCH ACT OR SUCH LAWS.
THIS INSTRUMENT IS ISSUED PURSUANT TO AND SUBJECT TO THE RESTRICTIONS ON TRANSFER AND OTHER PROVISIONS OF A TRANSACTION AGREEMENT,
DATED AS OF JANUARY 10, 2017, BY AND BETWEEN THE ISSUER OF THESE SECURITIES AND AMAZON.COM, INC., A DELAWARE CORPORATION, A COPY
OF WHICH IS ON FILE WITH THE ISSUER. THE SECURITIES REPRESENTED BY THIS INSTRUMENT MAY NOT BE SOLD OR OTHERWISE TRANSFERRED EXCEPT
IN COMPLIANCE WITH SAID AGREEMENT. ANY SALE OR OTHER TRANSFER NOT IN COMPLIANCE WITH SAID AGREEMENT WILL BE VOID.”

 

    	 	15	 

     

    

 

In
the event that any Warrant Shares become registered under the Securities Act or the Company is presented with an opinion of counsel
reasonably satisfactory, in form and substance, to the Company that the Warrant Shares are eligible to be transferred without
restriction in accordance with Rule 144 under the Securities Act, the Company shall issue new certificates or other instruments
representing such Warrant Shares which shall not contain such portion of the above legend that is no longer applicable; provided that
the holder of such Warrant Shares surrenders to the Company the previously issued certificates or other instruments.

 

4.3  Anti-takeover
Provisions. The Company shall not take any action that would prevent Amazon from exercising any of its rights under this Agreement
or any of the other Transaction Documents, or any of the transactions contemplated hereby or thereby, including by causing this
Agreement or any of the other Transaction Documents, or any of the transactions contemplated hereby or thereby, to be subject
to any requirements imposed by any potentially applicable anti-takeover, control share, fair price, moratorium, interested shareholder
or similar law and any potentially applicable provision of the Company’s articles of association or bylaws (collectively,
the “Anti-takeover Provisions”), and shall take all reasonable steps within its control to exempt (or ensure
the continued exemption of) the Transaction Documents and such transactions from any applicable Anti-takeover Provisions, as now
or hereafter in effect. The foregoing provision is not intended to prevent Kornit from exercising any right granted pursuant to
Article VI hereof.

 

4.4  Transfer
Restrictions.

 

(a)  Other
than solely in the case of a Permitted Transfer, NV Investment Holdings shall not Transfer:

 

(i)  the
Warrant at any time;

 

(ii)  any
Shares to any Person that, prior to the date of such Transfer, has filed a Schedule 13D or Schedule 13G with respect
to the Ordinary Shares; provided that this Section 4.4(a)(ii) shall not apply to any open market sale of Ordinary
Shares or any bona fide Underwritten Offering; or

 

(iii)  for
a period of one year following the date of this Agreement, and other than pursuant to Article VI, any Shares in an open market
transaction if the number of Shares being transferred exceeds the amount that would be permitted to be transferred pursuant to
Rule 144(e) as such provision applies to “affiliates” unless the average daily trading volume reported during the
30 calendar days immediately prior to the sale exceeds $1 million.

 

    	 	16	 

     

    

 

(b)
“Permitted Transfers” means, in each case so long as such Transfer is in accordance with Applicable Law (including
with respect to U.S. citizenship of air carriers) and the provisions of the Company’s articles of association:

 

(i)  a
Transfer of the Warrant or Shares to Amazon or a wholly owned subsidiary of Amazon, so long as such Transferee, to the extent
it has not already done so, executes a customary joinder to this Agreement, in form and substance reasonably acceptable to the
Company, in which such Transferee agrees to be subject to all covenants and agreements of Amazon under this Agreement;

 

(ii)  a
Transfer of Shares in connection with an Acquisition Transaction approved by the board of directors of the Company (the “Board”)
(including if the Board (A) recommends that its stockholders tender in response to a tender or exchange offer that,
if consummated, would constitute an Acquisition Transaction, or (B) does not recommend that its stockholders reject
any such tender or exchange offer within the ten (10) Business Day period specified in Rule 14e-2(a) under the Exchange Act);

 

(iii)  a
Transfer of Shares that constitutes a tender into a tender or exchange offer commenced by the Company or any of its Affiliates;

 

(iv)  a
Transfer of Shares if required by, or reasonably necessary in order for, Amazon to obtain Governmental Approval for any acquisition
(whether direct or indirect, including by way of merger, share exchange, share purchase, consolidation or any similar transaction);
or

 

(v)  a
Transfer of Shares to the extent required under Applicable Law.

 

(c)  Any
Transfer or attempted Transfer of the Warrant or Ordinary Shares in violation of this Section 4.4 shall, to the fullest
extent permitted by law, be null and void ab initio, and the Company shall not, and shall instruct its transfer agent and
other third parties not to, record or recognize any such purported transaction on the share register or other books and records
of the Company.

 

(d)  Notwithstanding
anything in this Agreement, the transfer restrictions pursuant to this Section 4.4 shall automatically terminate upon the
date that the Beneficial Ownership of Amazon, in the aggregate, of the Ordinary Shares is less than two percent (2%) of the issued
and outstanding Ordinary Shares so long as, as of such date, all of the then-remaining Registrable Securities Beneficially Owned
by Amazon may be sold in a single transaction without limitation under Rule 144 under the Securities Act.

 

    	 	17	 

     

    

 

4.5  Standstill
Provisions.

 

(a)  Amazon
agrees that from the date of this Agreement until such time as the number of Warrant Shares held by Amazon or its subsidiaries
or remaining unexercised under the Warrant are less than two percent (2%) of the outstanding shares of the Company (such period,
the “Standstill Period”), without the prior written approval of the Board, Amazon shall not, directly or indirectly,
and shall cause its subsidiaries not to:

 

(i)  acquire,
agree to acquire, propose or offer to acquire, by purchase or otherwise, Equity Securities or Derivative Instruments of the Company,
other than:

 

A.  Warrant
Shares acquired by NV Investment Holdings in accordance with the Transaction Documents;

 

B.  as
a result of any stock split, stock dividend or distribution, other subdivision, reorganization, reclassification or similar capital
transaction involving Equity Securities of the Company in accordance with this Agreement; or

 

C.  pursuant
to and in accordance with Section 4.4(b)(i) and Section 4.4(b)(ii);

 

(ii)  make,
or in any way participate or engage in, any “solicitation” of “proxies” (as such terms are used in the
proxy rules of the Commission irrespective of whether those rules apply to the Company or not) (whether or not relating to the
election or removal of directors) to vote any Voting Securities, or disclose how Amazon intends to vote its Shares on any contested
election of directors or any contested proposal relating to an Acquisition Proposal;

 

(iii)  call,
or seek to call, a meeting of the stockholders of the Company or initiate any stockholder proposal for action by stockholders
of the Company;

 

(iv)  nominate
or seek to nominate, directly or indirectly, any person to the Board;

 

(v)
deposit any Voting Securities in a voting trust or similar contract or agreement or subject any Voting Securities to any voting
agreement, pooling arrangement or similar arrangement, or grant any proxy with respect to any Voting Securities (in each case,
other than to the Company or a Person specified by the Company in a proxy card (paper or electronic) provided to stockholders
of the Company by or on behalf of the Company);

 

    	 	18	 

     

    

 

(vi)  make
any public announcement with respect to, enter, agree to enter, propose or offer to enter into any merger, business combination,
recapitalization, restructuring, change in control transaction or other similar extraordinary transaction involving the Company
or any of its subsidiaries, or purchase of a material portion of the assets, properties or Equity Securities of the Company, other
than acquisitions of Equity Securities as follows:

 

A.  Warrant
Shares acquired by NV Investment Holdings in accordance with this Agreement;

 

B.  as
a result of any stock split, stock dividend or distribution, other subdivision, reorganization, reclassification or similar capital
transaction involving Equity Securities of the Company in accordance with the this Agreement; or

 

C.  pursuant
to and in accordance with Section 4.4(b)(i) and Section 4.4(b)(ii);

 

(vii)  otherwise
act, alone or in concert with others, to seek to control or influence the management or the policies of the Company (for the avoidance
of doubt, excluding any such act to the extent in its capacity as a commercial counterparty, customer, supplier, industry participant
or the like);

 

(viii)  take
any action that would reasonably be expected to require the Company to make a public announcement regarding any of the events
described above;

 

(ix)  advise
or knowingly assist or knowingly encourage enter into any discussions, negotiations, agreements or arrangements with any other
Persons in connection with the foregoing;

 

(x)  form,
join or in any way participate in a Group (other than with its subsidiary that is bound by the restrictions of this Section 4.5(a) or
a Group that consists solely of Amazon and/or any of its Affiliates), with respect to any Voting Securities or otherwise in connection
with any of the foregoing; or

 

(xi)  publicly
disclose any intention, plan or proposal with respect to any of the foregoing.

 

In
addition, Amazon shall not, directly or indirectly, and shall not permit any of its subsidiaries, directly or indirectly, to,
contest the validity of this Section 4.5 or, subject to Section 4.5(b), seek a waiver, amendment or release
of any provisions of this Section 4.5 (including this sentence) (whether by legal action or otherwise).

 

    	 	19	 

     

    

 

(b)  Notwithstanding
anything to the contrary contained herein or in any of the other Transaction Documents, including Section 4.5(a) hereof,
Amazon shall not be prohibited or restricted from:

 

(i)  making
and submitting to the Company and/or the Board, any Acquisition Proposal on a non-publicly disclosed or announced basis, or any
confidential request for the Company and/or the Board to waive, amend or provide a release of any provision of this Section 4.5
(whether or not in connection with such Acquisition Proposal), provided that Amazon shall not submit any request, proposal
or offer that would be reasonably likely to obligate the Company to publicly disclose such request, proposal or offer; and

 

(ii)  making
and submitting to the Company, the Board, and/or the Company’s stockholders, following any Acquisition Proposal received
(or entered into) by the Company, the Board or the Company’s stockholders by any Person or Group other than Amazon or any
of its subsidiaries that is, was or becomes, publicly disclosed or announced (including as a result of being approved by the Board
or otherwise the subject of any agreement, contract or understanding with the Company) (the “Original Public Acquisition
Proposal”), a Qualifying Public Acquisition Proposal (which such Qualifying Public Acquisition Proposal may, for the
avoidance of doubt, include requests for the Company and/or the Board to waive, amend or provide a release of any provision of
this Section 4.5), or from taking any other action, whether or not otherwise restricted by Section 4.5(a),
in connection with evaluating, making, submitting, negotiating, effectuating or implementing any such Qualifying Public Acquisition
Proposal (or any amendment, supplement or modification thereto).

 

Article
V

 

GOVERNANCE

 

5.1  Information
Rights.

 

(a)  During
the term of this Agreement, the Company shall prepare and provide, or cause to be prepared and provided, to Amazon:

 

(i)  within
ten (10) days after the end of each fiscal quarter the number of outstanding shares at the end of such fiscal quarter calculated
on a fully diluted basis without regard to exercise or conversion prices of derivative securities;

 

(ii)  within
the time periods applicable to the Company under Section 13(a) or 15(d) of the Exchange Act, all interim and annual financial
statements required to be contained in a filing with the Commission on Forms 20-F and 6-K; and

 

    	 	20	 

     

    

 

(iii)  if
the Company is at any time not subject to Section 13(a) or 15(d) under the Exchange Act, the information set forth on Schedule 5.1(a).

 

(b)  During
the term of this Agreement, the Company shall consider and respond in good faith to reasonable requests for information, to the
extent already existing or that can be prepared without excessive cost or management time, regarding the Company and its subsidiaries
from Amazon, it being understood that the Company shall have discretion as to (1) whether or not to provide, in whole
or in part, any such requested information and (2) whether or not to impose restrictions on Amazon with respect to
the types or categories of Representatives to whom such information may be disclosed (including, for example, requiring that any
such information be disclosed only to corporate staff of Amazon, and not to employees with operational responsibility), in each
case in light of the nature of the request and the facts and circumstances at the time, and which restrictions, if acceptable
to Amazon, shall be acknowledged by Amazon in writing prior to the provision of such requested information. Without limiting the
generality of the foregoing, the Company and its Subsidiaries shall not be required to provide any such information if (i) the
Company determines that such information is competitively sensitive, (ii) the Company determines in good faith that
providing such information would adversely affect the Company (taking into account the nature of the request and the facts and
circumstances at such time) or (iii) providing such information (A) would reasonably be expected to jeopardize
an attorney-client privilege or cause a loss of attorney work product protection, (B) would violate a confidentiality
obligation to any person or (C) would violate any Applicable Law; provided, that, with respect to clauses (i)-(iii),
the Company uses reasonable efforts, and cooperates in good faith with Amazon, to develop and implement reasonable alternative
arrangements to provide Amazon (and its Representatives) with the intended benefits of this Section 5.1. Notwithstanding
any of the foregoing, the Company will not be obligated to furnish any information in connection with any actual or potential
Acquisition Transaction.

 

(c)  In
furtherance and not in limitation of the foregoing, during the term of this Agreement, the Company shall, and shall cause its
Subsidiaries to, use commercially reasonable efforts to prepare and provide, or to cause to be prepared and provided, including,
if requested and reasonably available, in electronic data format, to Amazon, or to assist Amazon with preparing (at the expense
of Amazon), in a reasonably timely fashion upon reasonable prior request by Amazon any (i) financial information or
other data relating to the Company and its subsidiaries and (ii) any other relevant information or data, in each case
to the extent necessary, as reasonably determined in good faith by Amazon for Amazon to (x) comply with GAAP or to
comply with its reporting, filing, accounting or other obligations under Applicable Law or (y) apply the equity method
of accounting, in the event Amazon is required to account for its investment in the Company under the equity method of accounting
under GAAP; provided, however, that any requests with respect to tax matters shall be addressed by Section 5.2 and not by this
Section. The Company shall use commercially reasonable efforts to cause its and its Subsidiaries’ representatives to cooperate
in good faith with Amazon in connection with the foregoing; provided, however, that notwithstanding anything in
this Agreement to the contrary, in no event shall Amazon or its Affiliates disclose (including by reflecting such information
on their financial statements) any financial information or other financial data provided to Amazon pursuant to this Section 5.1
prior to the Company’s first publicly disclosing such information in its ordinary course of business, other than pursuant
to the terms of Section 5.1(d)(i) or Section 5.1(d)(iv) (solely to the extent required by subpoena, order
or other compulsory legal process). Amazon shall promptly, upon request by the Company, reimburse the Company for all reasonable
out of pocket costs and expenses incurred by the Company or any of its Subsidiaries in connection with any actions taken by the
Company or any of its Subsidiaries pursuant to this Section 5.1(c).

 

    	 	21	 

     

    

 

(d)  In
furtherance of and not in limitation of any other similar agreement Amazon or any of its Representatives may have with the Company
or its subsidiaries, Amazon hereby agrees that all Confidential Information with respect to the Company shall be kept confidential
by it and shall not be disclosed (including by reflecting such information on its financial statements) by it in any manner whatsoever,
except as permitted by this Section 5.1(d).  Any Confidential Information may be disclosed:

 

(i)
by Amazon (x) to any of its Affiliates or (y) to its or its Affiliate’s respective directors, managers,
officers, employees and authorized representatives (including attorneys, accountants, consultants, bankers and financial advisors
thereof) (each of the Persons described in clauses (x) and (y), collectively, for purposes of this Section 5.1(d) and
the definition of Confidential Information, “Representatives” of Amazon), in each case, solely if and to the
extent any such Person needs to be provided such Confidential Information to assist Amazon or its Affiliates in evaluating or
reviewing its existing investment, or, with respect to the exercise of the Warrant, its prospective investment, in the Company,
including in connection with the disposition thereof. Each Representative shall be deemed to be bound by the provisions of this
Section 5.1(d) and Amazon shall be responsible for any breach of this Section 5.1(d) (or such other agreement
or obligation, as applicable) by any of its Representatives;

 

(ii)  by
Amazon or any of its Representatives to the extent the Company consents in writing;

 

(iii)  by
Amazon or any of its Representatives to a potential Transferee (so long as such Transfer is permitted hereunder); provided,
that such Transferee agrees to be bound by the provisions of this Section 5.1(d) (or a confidentiality agreement having
restrictions substantially similar to this Section 5.1(d)) and Amazon shall be responsible for any breach of this
Section 5.1(d) (or such confidentiality agreement) by any such Transferee; or

 

    	 	22	 

     

    

 

(iv)  by
Amazon or any of its Representatives to the extent that Amazon or such Representative has been advised by its outside counsel
that such disclosure is required to be made by it under Applicable Law or by a Governmental Entity; provided, that prior
to making such disclosure, such Person uses commercially reasonable efforts to preserve the confidentiality of the Confidential
Information to the extent permitted by Applicable Law, including, to the extent practicable and permitted by Applicable Law, consulting
with the Company regarding such disclosure and, if reasonably requested by the Company, assisting the Company, at the Company’s
expense, in seeking a protective order to prevent the requested disclosure; provided, further, that Amazon or such
Representative, as the case may be, uses commercially reasonable efforts to disclose only that portion of the Confidential Information
as is requested by the applicable Governmental Entity or as is, based on the advice of its outside counsel, legally required or
compelled; and provided, further, that the parties hereto expressly agree that notwithstanding anything in the Confidentiality
Agreement or any other confidentiality agreement between or among the Company, Amazon or its Affiliates or Representatives, to
the contrary, any Confidential Information that is permitted to be disclosed or used in any manner pursuant to this Agreement
can be so disclosed or used.

 

5.2  Tax
Reporting Requirements.

 

(a)  The
Company will provide Amazon with any information reasonably requested by Amazon and within the Company’s possession with
the use of reasonable efforts, to allow Amazon to comply with Applicable Law related to taxes or to avail itself of any provision
of Applicable Law related to taxes.

 

(b)  The
Company shall take such actions, including making an election to be treated as a corporation or refraining from making an election
to be treated as a partnership, as may be required to ensure that at all times the Company is treated as a corporation for United
States federal income tax purposes.

 

(c)  The
Company shall make due inquiry with a tax advisor selected by it on at least an annual basis regarding whether Amazon’s
interest in the Company is subject to the reporting requirements of either or both of sections 6038 and 6038B of the U.S. Internal
Revenue Code of 1986, as amended (“Code”) (and the Company shall duly inform Amazon of the results of such
determination), and in the event that the Company or Amazon determines that Amazon’s interest in the Company is subject
to any such reporting requirements, the Company agrees, upon a written request from Amazon, to provide such information within
the Company’s possession with the use of reasonable efforts, to Amazon as may be reasonably necessary to fulfill Amazon’s
obligations thereunder.

 

    	 	23	 

     

    

 

(d)  Amazon
and the Company acknowledge that neither the Company nor any of the entities in which it owns an equity interest (each, a “Lower
Tier Entity”) is a “passive foreign investment company” (within the meaning of Section 1297 of the Code)
(a “PFIC”) with respect to the tax year ended December 31, 2015. The Company shall make due inquiry with its
Tax Advisor on at least an annual basis regarding its status, as well as each Lower Tier Entity’s status, as a PFIC, and
if the Company is informed by its Tax Advisor that it or a Lower Tier Entity has become a PFIC, or that there is a significant
likelihood of the Company or a Lower Tier Entity being classified as a PFIC, for any taxable year, the Company shall promptly
notify Amazon of such status or risk, as the case may be, within sixty (60) days following the end of each taxable year of the
Company. In connection with a “Qualified Electing Fund” election made by Amazon pursuant to section 1295 of the Code
or a “Protective Statement” filed by Amazon pursuant to Treasury Regulation Section 1.1295-3, as amended (or any successor
thereto), the Company and its Tax Advisor shall provide annual financial information to Amazon in the form of Exhibit A
attached hereto as soon as reasonably practicable following the end of each taxable year of Amazon (but in no event later than
sixty (60) days following the end of each such taxable year), and shall provide Amazon with access to such other Company or Lower
Tier Entity information within the Company’s possession with the use of reasonable efforts, including quarterly income estimates,
as may be reasonably required for purposes of filing U.S. federal income tax returns in connection with such Qualified Electing
Fund election or Protective Statement.

 

(e)
Amazon and the Company hereby acknowledge that as of the date hereof, the Company is not a controlled foreign corporation (a “CFC”)
as defined in Section 957 of the Code. The Company shall seek to determine with its Tax Advisor annually and by no later than
April 30 of the year immediately following the year with respect to which the determination is being made whether it is a CFC
and, if so, whether Amazon is a “United States shareholder” (as defined in section 951(b) of the Code) of the Company.
If, and for so long as, the Company is a CFC and Amazon is a “United States shareholder” of the Company, the Company
agrees to provide any information reasonably requested by Amazon and within the Company’s possession with the use of reasonable
efforts for the purpose of Amazon complying with its U.S. tax filing and information reporting obligations as a "United States
shareholder" of the Company.

 

(f)  Amazon
and the Company hereby acknowledge that (1) Amazon agrees to cooperate with the Company and to provide reasonable assistance,
in each case, to allow the Company to comply with its obligations set forth in Section 5.2(c)–(e) and (2) as long as the
Company acts in good faith with respect to its obligations set forth in Section 5.2(c)–(e), Amazon shall have no right to
claim for any damages or loss with respect to the Company’s obligations set forth in Section 5.2(c)–(e), respectively.

 

5.3  Survival.
Notwithstanding anything in this Agreement, this Article V shall survive termination of this Agreement pursuant to Section
8.1, and will continue until the date that the Beneficial Ownership of Amazon, in the aggregate, of the Ordinary Shares is
less than two percent (2%) of the issued and outstanding shares of Ordinary Shares, provided, that Section 5.2 shall survive
with respect to the taxable year in which such date occurs.

 

    	 	24	 

     

    

 

Article
VI

 

REGISTRATION

 

6.1  Demand
Registrations.

 

(a)  Subject
to the terms and conditions hereof, solely during any period that the Company is then ineligible under Applicable Law to register
Registrable Securities on Form F-3 or S-3, as applicable, or if the Company is so eligible but has failed to comply with
its obligations under Section 6.3, any Demand Shareholders (“Requesting Shareholders”) shall be
entitled to make no more than four (4) written requests of the Company (each, a “Demand”) for registration
under the Securities Act of an amount of Registrable Securities then held by such Requesting Shareholders that equals or is greater
than the Registrable Amount (a “Demand Registration” and such registration statement, a “Demand Registration
Statement”). Thereupon, the Company shall, subject to the terms of this Agreement, file the registration statement no
later than 30 days after receipt of the Demand and shall use its commercially reasonable efforts to effect the registration as
promptly as practicable under the Securities Act of:

 

(i)  the
Registrable Securities which the Company has been so requested to register by the Requesting Shareholders for disposition in accordance
with the intended method of disposition stated in such Demand;

 

(ii)  all
other Registrable Securities which the Company has been requested to register pursuant to Section 6.1(b), but subject
to Section 6.1(g); and

 

(iii)  all
Ordinary Shares which the Company may elect to register in connection with any offering of Registrable Securities pursuant to
this Section 6.1, but subject to Section 6.1(g);

 

all
to the extent necessary to permit the disposition (in accordance with the intended methods thereof) of the Registrable Securities
and the additional Ordinary Shares, if any, to be so registered.

 

(b)  A
Demand shall specify: (i) the aggregate number of Registrable Securities requested to be registered in such Demand
Registration, (ii) the intended method of disposition in connection with such Demand Registration, to the extent then
known, and (iii) the identity of the Requesting Shareholder(s). Within five (5) days after receipt of a Demand, the
Company shall give written notice of such Demand to all other holders of Registrable Securities. The Company shall include in
the Demand Registration covered by such Demand all Registrable Securities with respect to which the Company has received a written
request for inclusion therein within five (5) days after the Company’s notice required by this paragraph has been given
or such longer period as the Company may be required to be given pursuant to any other agreement entered into by the Company prior
to the date hereof, subject to Section 6.1(g). Each such written request shall comply with the requirements of a Demand
as set forth in this Section 6.1(b).

 

    	 	25	 

     

    

 

(c)  A
Demand Registration shall not be deemed to have been effected (i) unless the Demand Registration Statement with respect
thereto has become effective and has remained effective for a period of at least ninety (90) days or such shorter period in which
all Registrable Securities included in such Demand Registration have actually been sold or otherwise disposed of thereunder (provided,
that such period shall be extended for a period of time equal to the period the holders of Registrable Securities refrain from
selling any securities included in such registration statement at the request of the Company or the lead managing underwriter(s)
pursuant to the provisions of this Agreement) or (ii) if, after it has become effective, such Demand Registration
becomes subject, prior to ninety (90) days after effectiveness, to any stop order, injunction or other order or requirement of
the Commission or other Governmental Entity, other than by reason of any act or omission by the applicable Selling Shareholders.

 

(d)  Demand
Registrations shall be on such appropriate registration form of the Commission as shall be selected by the Company and reasonably
acceptable to the Requesting Shareholders.

 

(e)  The
Company shall not be obligated to (i) subject to Section 6.1(c), maintain the effectiveness of a registration
statement under the Securities Act filed pursuant to a Demand Registration for a period longer than ninety (90) days or (ii) effect
any Demand Registration (A) within ninety (90) days of a “firm commitment” Underwritten Offering in which
all Demand Shareholders were offered “piggyback” rights pursuant to Section 6.2 (subject to Section 6.2(b))
and at least fifty percent (50%) of the number of Registrable Securities requested by such Demand Shareholders to be included
in such Demand Registration were included, (B) within ninety (90) days of the completion of any other Demand Registration
(including, for the avoidance of doubt, any Underwritten Offering pursuant to any Shelf Registration Statement), (C) within
ninety (90) days of the completion of any other Underwritten Offering by the Company or any shorter period during which the Company
has agreed not to effect a registration or public offering of securities (in each case only to the extent that the Company has
undertaken contractually to the underwriters of such Underwritten Offering not to effect any registration or public offering of
securities), (D) if, in the Company’s reasonable judgment, it is not feasible for the Company to proceed with
the Demand Registration because of the unavailability of audited or other required financial statements of the Company or any
other Person; provided, that the Company shall use its commercially reasonable efforts to obtain such financial statements
as promptly as practicable.

 

    	 	26	 

     

    

 

(f)  The
Company shall be entitled to (i) postpone (upon written notice to the Demand Shareholders) the filing or the effectiveness
of a registration statement for any Demand Registration, (ii) cause any Demand Registration Statement to be withdrawn
and its effectiveness terminated and (iii) suspend the use of the prospectus forming the part of any registration
statement, in each case in the event of a Blackout Period until the expiration of the applicable Blackout Period. In the event
of a Blackout Period under clause (ii) of the definition thereof, the Company shall deliver to the Demand Shareholders requesting
registration a certificate signed by either the chief executive officer or the chief financial officer of the Company certifying
that, in the good faith judgment of the Company, the conditions described in clause (ii) of the definition of Blackout Period
are met. Such certificate shall contain an approximation of the anticipated delay. Upon notice by the Company to the Demand Shareholders
of any such determination, each Demand Shareholder covenants that, subject to Applicable Law, it shall keep the fact of any such
notice strictly confidential, and, in the case of a Blackout Period pursuant to clause (ii)(y) of the definition of Blackout
Period, promptly halt any offer, sale, trading or other Transfer by it or any of its Affiliates of any Registrable Securities
for the duration of the Blackout Period set forth in such notice (or until such Blackout Period shall be earlier terminated in
writing by the Company) and promptly halt any use, publication, dissemination or distribution of the Demand Registration Statement,
each prospectus included therein, and any amendment or supplement thereto by it and any of its Affiliates for the duration of
the Blackout Period set forth in such notice (or until such Blackout Period shall be earlier terminated in writing by the Company)
and, if so directed in writing by the Company, will deliver to the Company any copies then in the Demand Shareholder’s possession
of the prospectus covering such Registrable Securities that was in effect at the time of receipt of such notice.

 

(g)  If,
in connection with a Demand Registration that involves an Underwritten Offering, the lead managing underwriter(s) advise(s) the
Company that, in its (their) good faith opinion, the inclusion of all of the securities sought to be registered in connection
with such Demand Registration would adversely affect the success thereof, then the Company shall include in such registration
statement only such securities as the Company is advised by such lead managing underwriter(s) can be sold without such adverse
effect as follows and in the following order of priority: (i) first, up to the number of Registrable Securities requested
to be included in such Demand Registration by the Demand Shareholders, which, in the opinion of the lead managing underwriter(s),
can be sold without adversely affecting the success thereof, pro rata among such Demand Shareholders on the basis of the number
of such Registrable Securities requested to be included by such Demand Shareholders; (ii) second, securities the Company
proposes to sell; and (iii) third, all other securities of the Company duly requested to be included in such registration
statement, pro rata on the basis of the amount of such other securities requested to be included or such other allocation method
determined by the Company.

 

    	 	27	 

     

    

 

(h)  Any
time that a Demand Registration involves an Underwritten Offering, the Company shall select the investment banker(s) and manager(s)
that will serve as managing underwriters (including which such managing underwriters will serve as lead or co-lead) and underwriters
with respect to the offering of such Registrable Securities; provided, that such investment banker(s) and manager(s) shall
be an investment bank of international reputation and reasonably acceptable to the Requesting Shareholder(s) holding of a majority
in interest of the Registration Securities included in such Underwritten Offering (such acceptance not to be unreasonably withheld,
conditioned or delayed).

 

6.2  Piggyback
Registrations.

 

(a)  Other
than in connection with the filing of a registration statement or an offering pursuant to Section 6.1 or Section 6.3
of this Agreement, if at any time commencing one year after the date of this Agreement the Company proposes to file (i) a
prospectus supplement to an effective Shelf Registration Statement, or (ii) a registration statement other than a Shelf Registration
Statement for a delayed or continuous offering pursuant to Rule 415 under the Securities Act, in either case, for the sale of
Ordinary Shares for its own account, or for the benefit of the holders of any of its securities other than the holders of Registrable
Securities, to an underwriter on a firm commitment basis for reoffering to the public or in a “bought deal” or “registered
direct offering” with one or more investment banks (collectively, a “Piggyback Registration”), then as
soon as practicable but not less than fifteen (15) days prior to the filing of (a) any preliminary prospectus supplement relating
to such Piggyback Registration pursuant to Rule 424(b) under the Securities Act, (b) any prospectus supplement relating to such
Piggyback Registration pursuant to Rule 424(b) under the Securities Act (if no preliminary prospectus supplement is used) or (c)
such registration statement, as the case may be, the Company shall give notice of such proposed Piggyback Registration to the
holders of Registrable Securities and such notice (a “Piggyback Notice”) shall offer the holders of Registrable
Securities the opportunity to include in such Piggyback Registration such number of Registrable Securities as each such holder
of Registrable Securities may request in writing. Each such holder of Registrable Securities shall then have ten (10) days after
receiving such Piggyback Notice to request in writing to the Company inclusion of Registrable Securities in the Piggyback Registration,
except that such holder of Registrable Securities shall have two (2) Business Days after such holder confirms receipt of the notice
to request inclusion of Registrable Securities in the Piggyback Registration in the case of a “bought deal”, “registered
direct offering” or “overnight transaction” where no preliminary prospectus is used.  Upon receipt of any
such request for inclusion from a holder of Registrable Securities received within the specified time (a “Piggyback Seller”),
the Company shall use commercially reasonable efforts to effect the registration in any registration statement of any of the holders
of Registrable Securities requested to be included on the terms set forth in this Agreement. Prior to the commencement of any
“road show,” any Piggyback Seller shall have the right to withdraw its request for inclusion of its Registrable Securities
in any registration by giving written notice to the Company of its request to withdraw and such withdrawal shall be irrevocable
and, after making such withdrawal, such Piggyback Seller shall no longer have any right to include Registrable Securities in the
Piggyback Registration as to which such withdrawal was made. 

 

(b)  If
the Company does not qualify as a well-known seasoned issuer (within the meaning of Rule 405 under the Securities Act), (i) commencing
one year after the date of this Agreement, the Company shall give each holder of Registrable Securities fifteen (15) days’
notice prior to filing a Shelf Registration Statement and, upon the written request of any such holder, received by the Company
within ten (10) days of such notice to such holder, the Company shall include in such Shelf Registration Statement a number of
Ordinary Shares equal to the aggregate number of Registrable Securities requested to be included without naming any requesting
holder of Registrable Securities as a selling shareholder and including only a generic description of the holder of such securities
(the “Undesignated Registrable Shares”), (ii) the Company shall not be required to give notice to any holder
of Registrable Securities in connection with a filing pursuant to Section 6.1(a) unless such holder provided such notice
to the Company pursuant to this Section 6.1(b) and included Undesignated Registrable Shares in the Shelf Registration Statement
related to such filing, and (iii) commencing one year after the date of this Agreement, at the written request of a holder of
Registrable Securities given to the Company more than seven (7) days before the date specified in writing by the Company as the
Company’s good faith estimate of a launch of a Piggyback Registration (or such shorter period to which the Company in its
sole discretion consents), the Company shall use commercially reasonable efforts to effect the registration of any of the Undesignated
Registrable Shares of a holder of Registrable Securities so requested to be included and shall file a post-effective amendment
or, if available, a prospectus supplement to a Shelf Registration Statement to include such Undesignated Registrable Shares as
any such holder may request, provided that (a) the Company is actively employing its reasonable best efforts to effect such Piggyback
Registration; and (b) the Company shall not be required to effect a post-effective amendment more than two (2) times in any twelve
(12) month period.

 

    	 	28	 

     

    

 

(c)  If,
in connection with a Piggyback Registration that involves an Underwritten Offering, the lead managing underwriter(s) advise(s)
the Company that, in its opinion, the inclusion of all the securities sought to be included in such Piggyback Registration by
(w) the Company, (x) other Persons who have sought to have Ordinary Shares registered in such Piggyback
Registration pursuant to rights to demand (other than pursuant to so-called “piggyback” or other incidental or participation
registration rights) such registration (such Persons being “Other Demanding Sellers”), (y) the
Piggyback Sellers and (z) any other proposed sellers of Ordinary Shares (such Persons being “Other Proposed
Sellers”), as the case may be, would adversely affect the success thereof, then the Company shall include in the registration
statement applicable to such Piggyback Registration only such securities as the Company is so advised by such lead managing underwriter(s)
can be sold without such an effect, as follows and in the following order of priority:

 

(i)  if
the Piggyback Registration relates to an offering for the Company’s own account, then (A) first, such number
of Ordinary Shares (or other securities, as applicable) to be sold by the Company as the Company, in its reasonable judgment,
shall have determined, (B) second, Registrable Securities of Piggyback Sellers, pro rata on the basis of the number
of Registrable Securities proposed to be sold by such Piggyback Sellers, (C) third, Ordinary Shares sought to be registered
by Other Demanding Sellers, pro rata on the basis of the number of Ordinary Shares proposed to be sold by such Other Demanding
Sellers and (D) fourth, other Ordinary Shares proposed to be sold by any Other Proposed Sellers; or

 

(ii)  if
the Piggyback Registration relates to an offering other than for the Company’s own account, then (A) first,
such number of Ordinary Shares (or other securities, as applicable) sought to be registered by each Other Demanding Seller pro
rata in proportion to the number of securities sought to be registered by all such Other Demanding Sellers, (B) second,
Registrable Securities of Piggyback Sellers, pro rata on the basis of the number of Registrable Securities proposed to be sold
by such Piggyback Sellers, (C) third, Ordinary Shares to be sold by the Company and (D) fourth, other
Ordinary Shares proposed to be sold by any Other Proposed Sellers.

 

(d)  For
clarity, in connection with any Underwritten Offering under this Section 6.2 for the Company’s account, the
Company shall not be required to include the Registrable Securities of a Piggyback Seller in the Underwritten Offering unless
such Piggyback Seller accepts the terms of the underwriting as agreed upon between the Company and the lead managing underwriter(s),
which shall be selected by the Company.

 

(e)  If,
at any time after giving written notice of its intention to register any Ordinary Shares (or other securities, as applicable)
as set forth in this Section 6.2 and prior to the time the registration statement filed in connection with such Piggyback
Registration is declared effective, the Company shall determine for any reason not to register such Ordinary Shares (or other
securities, as applicable), the Company may, at its election, give written notice of such determination to the Piggyback Sellers
within five (5) Business Days thereof and thereupon shall be relieved of its obligation to register any Registrable Securities
in connection with such particular withdrawn or abandoned Piggyback Registration; provided, that, if permitted pursuant
to Section 6.1, the Demand Shareholders may continue the registration as a Demand Registration pursuant to the terms
of Section 6.1.

 

    	 	29	 

     

    

 

6.3  Shelf
Registration Statement.

 

(a)  Subject
to the terms and conditions hereof, and further subject to the availability of a registration statement on Form F-3 or any
successor form thereto (“Form F-3”) or Form S-3 or any successor form thereto (“Form S-3”)
to the Company, any of the Demand Shareholders may by written notice delivered to the Company (the “Shelf Notice”)
require the Company to file as soon as reasonably practicable, and to use commercially reasonable efforts to cause to be declared
effective by the Commission as soon as reasonably practicable after such filing date, a Form F-3 or Form S-3, as applicable,
providing for an offering to be made on a continuous basis pursuant to Rule 415 under the Securities Act relating to the
offer and sale, from time to time, of an amount of Registrable Securities then held by such Demand Shareholders that equals or
is greater than the Registrable Amount (the “Shelf Registration Statement”); provided that no Demand Shareholder
may deliver more than two (2) Shelf Notices to the Company in any twelve (12) month period. To the extent the Company is a well-known
seasoned issuer (as defined in Rule 405 under the Securities Act), the Company shall file the Shelf Registration Statement
in the form of an automatic shelf registration statement (as defined in Rule 405 under the Securities Act) or any successor
form thereto. If registering a number of Registrable Securities, the Company shall pay the registration fee for all Registrable
Securities to be registered pursuant to an automatic shelf registration statement at the time of filing of the automatic shelf
registration statement and shall not elect to pay any portion of the registration fee on a deferred basis. The Company may also
amend an existing registration statement on Form F-3 or Form S-3, including by post-effective amendment, in order to fulfill its
obligations hereunder.

 

(b)  Within
five (5) days after receipt of a Shelf Notice pursuant to Section 6.3(a), the Company will deliver written notice
thereof to all other holders of Registrable Securities. Each other holder of Registrable Securities may elect to participate with
respect to its Registrable Securities in the Shelf Registration Statement in accordance with the plan and method of distribution
set forth, or to be set forth, in such Shelf Registration Statement by delivering to the Company a written request to so participate
within five (5) days after the Shelf Notice is received by any such holder of Registrable Securities.

 

(c)  Subject
to Section 6.3(d), the Company shall use its commercially reasonable efforts to keep the Shelf Registration Statement
continuously effective until the earlier of (i) ninety (90) days after the Shelf Registration Statement has been declared
effective, provided that in the event of a Blackout Period, as described below, the period during which the Shelf Registration
shall be required to remain effective will be extended by the number of days during which the Blackout Period is in effect; and
(ii) the date on which all Registrable Securities covered by the Shelf Registration Statement have been sold thereunder
in accordance with the plan and method of distribution disclosed in the prospectus included in the Shelf Registration Statement,
or otherwise cease to be Registrable Securities. The Company’s obligations pursuant to this Section 6.3(d) shall apply to
no more than four ninety (90) day-periods during which Amazon and/or its subsidiaries shall be permitted to make sales pursuant
to the Shelf Registration Statement.

 

    	 	30	 

     

    

 

(d)  Notwithstanding
anything to the contrary contained in this Agreement, the Company shall be entitled, from time to time, by providing written notice
to the holders of Registrable Securities who elected to participate in the Shelf Registration Statement, to require such holders
of Registrable Securities to suspend the use of the prospectus for sales of Registrable Securities under the Shelf Registration
Statement during any Blackout Period. In the event of a Blackout Period under clause (ii) of the definition thereof, the
Company shall deliver to the Demand Shareholders requesting registration a certificate signed by either the chief executive officer
or the chief financial officer of the Company certifying that, in the good faith judgment of the Company, the conditions described
in clause (ii) of the definition of Blackout Period are met. Such certificate shall contain an approximation of the anticipated
delay. Upon notice by the Company to the Demand Shareholders of any such determination, each Demand Shareholder covenants that
it shall, subject to Applicable Law, keep the fact of any such notice strictly confidential, and, in the case of a Blackout Period
pursuant to clause (ii)(y) of the definition of Blackout Period, promptly halt any offer, sale, trading or other Transfer
by it or any of its Affiliates of any Registrable Securities for the duration of the Blackout Period set forth in such notice
(or until such Blackout Period shall be earlier terminated in writing by the Company) and promptly halt any use, publication,
dissemination or distribution of the Shelf Registration Statement, each prospectus included therein, and any amendment or supplement
thereto by it and any of its Affiliates for the duration of the Blackout Period set forth in such notice (or until such Blackout
Period shall be earlier terminated in writing by the Company) and, if so directed in writing by the Company, will deliver to the
Company any copies then in the Demand Shareholder’s possession of the prospectus covering such Registrable Securities that
was in effect at the time of receipt of such notice.

 

(e)  After
the expiration of any Blackout Period and without any further request from a holder of Registrable Securities, the Company, to
the extent necessary, shall as promptly as reasonably practicable prepare a post-effective amendment or supplement to the Shelf
Registration Statement or the prospectus, or any document incorporated therein by reference, or file any other required document
so that, as thereafter delivered to purchasers of the Registrable Securities included therein, the prospectus will not include
an untrue statement of a material fact or omit to state any material fact necessary to make the statements therein, in the light
of the circumstances under which they were made, not misleading.

 

    	 	31	 

     

    

 

(f)  At
any time that a Shelf Registration Statement is effective, if any Demand Shareholder delivers a notice to the Company (a “Take-Down
Notice”) stating that it intends to sell all of part of its Registrable Securities included by it on the Shelf Registration
Statement (a “Shelf Offering”), then the Company shall amend or supplement the Shelf Registration Statement
as may be necessary in order to enable such Registrable Securities to be distributed pursuant to the Shelf Offering (taking into
account, solely in connection with a Marketed Underwritten Shelf Offering, the inclusion of Registrable Securities by any other
holders pursuant to this Section 6.3). In connection with any Shelf Offering that is an Underwritten Offering and
where the plan of distribution set forth in the applicable Take-Down Notice includes a customary “road show” (including
an “electronic road show”) or other substantial marketing effort by the Company and the underwriters (a “Marketed
Underwritten Shelf Offering”):

 

(i)  such
proposing Demand Shareholder(s) shall also deliver the Take-Down Notice to all other Demand Shareholders included on the Shelf
Registration Statement and permit each such holder to include its Registrable Securities included on the Shelf Registration Statement
in the Marketed Underwritten Shelf Offering if such holder notifies the proposing Demand Shareholder(s) and the Company within
two (2) Business Days after delivery of the Take-Down Notice to such holder; and

 

(ii)  if
the lead managing underwriter(s) advises the Company and the proposing Demand Shareholder(s) that, in its opinion, the inclusion
of all of the securities sought to be sold in connection with such Marketed Underwritten Shelf Offering would adversely affect
the success thereof, then there shall be included in such Marketed Underwritten Shelf Offering only such securities as the proposing
Demand Shareholder(s) is advised by such lead managing underwriter(s) can be sold without such adverse effect, and such number
of Registrable Securities shall be allocated in the same manner as described in Section 6.1(g). Except as otherwise
expressly specified in this Section 6.3, any Marketed Underwritten Shelf Offering shall be subject to the same requirements,
limitations and other provisions of this Article IV as would be applicable to a Demand Registration (i.e.,
as if such Marketed Underwritten Shelf Offering were a Demand Registration), including Section 6.1(e)(ii) and Section 6.1(g).

 

(g)  Notwithstanding
any other provision of this Agreement, if the requesting Demand Shareholder wishes to engage in a block sale (including a block
sale off of a Shelf Registration Statement or an effective automatic shelf registration statement, or in connection with the registration
of the Registrable Securities under an automatic shelf registration statement for purposes of effectuating a block sale), then
notwithstanding the foregoing or any other provisions hereunder, no Demand Shareholder shall be entitled to receive any notice
of or have its Registrable Securities included in such block sale.

 

    	 	32	 

     

    

 

(h)  Any
time that a Shelf Offering involves a Marketed Underwritten Offering, the Company shall select the investment banker(s) and manager(s)
that will serve as managing underwriters (including which such managing underwriters will serve as lead or co-lead) and underwriters
with respect to the offering of such Registrable Securities; provided, that such investment banker(s) and manager(s) shall
be an investment bank of international reputation and reasonably acceptable to the Requesting Shareholder(s) holding of a majority
in interest of the Registration Securities included in such Marketed Underwritten Offering (such acceptance not to be unreasonably
withheld, conditioned or delayed).

 

6.4  Withdrawal
Rights. Any holder of Registrable Securities having notified or directed the Company to include any or all of its Registrable
Securities in a registration statement under the Securities Act shall have the right to withdraw any such notice or direction
with respect to any or all of the Registrable Securities designated by it for registration by giving written notice to such effect
to the Company prior to the effective date of such registration statement. In the event of any such withdrawal, the Company shall
not include such Registrable Securities in the applicable registration and such Registrable Securities shall continue to be Registrable
Securities for all purposes of this Agreement (subject to the other terms and conditions of this Agreement). No such withdrawal
shall affect the obligations of the Company with respect to the Registrable Securities not so withdrawn; provided, however,
that in the case of a Demand Registration, if such withdrawal shall reduce the number of Registrable Securities sought to be included
in such registration below the Registrable Amount, then the Company shall as promptly as practicable give each Demand Shareholder
seeking to register Registrable Securities notice to such effect and, within five (5) days following the mailing of such notice,
such Demand Shareholder still seeking registration shall, by written notice to the Company, elect to register additional Registrable
Securities to satisfy the Registrable Amount or elect that such registration statement not be filed or, if theretofore filed,
be withdrawn. During such five (5) day period, the Company shall not file such registration statement if not theretofore filed
or, if such registration statement has been theretofore filed, the Company shall not seek, and shall use commercially reasonable
efforts to prevent, the effectiveness thereof. The foregoing shall not derogate from the final sentence of Section 6.2(a).

 

6.5  Intentionally
omitted.

 

6.6  Holdback
Agreements.

 

(a)  Amazon
shall enter into customary agreements restricting the sale or distribution of Equity Securities of the Company (including sales
pursuant to Rule 144 under the Securities Act) to the extent required by the lead managing underwriter(s) with respect to
an applicable Underwritten Offering during the period commencing on the date of the request (which shall be no earlier than fourteen
(14) days prior to the expected “pricing” of such Underwritten Offering) and continuing for not more than ninety (90)
days after the date of the “final” prospectus (or “final” prospectus supplement if the Underwritten Offering
is made pursuant to a Shelf Registration Statement), pursuant to which such Underwritten Offering shall be made. The Company shall
not include Registrable Securities of any other Demand Shareholder in such an Underwritten Offering unless such other Demand Shareholder
enters into a customary agreement restricting the sale or distribution of Equity Securities of the Company (including sales pursuant
to Rule 144 under the Securities Act) if requested by the lead managing underwriter(s).

 

    	 	33	 

     

    

 

(b)  If
any Demand Registration or Shelf Offering involves an Underwritten Offering, the Company will not effect any sale or distribution
of Ordinary Shares (or securities convertible into or exchangeable or exercisable for Ordinary Shares) (other than a registration
statement on Form F-4 or S-4, as applicable, Form S-8 or any successor forms thereto) for its own account, within sixty
(60) days (plus an extension period as may be proposed by the lead managing underwriter(s) for such Underwritten Offering to address
FINRA regulations regarding the publication of research, or such shorter periods as the lead managing underwriter(s) may agree
with the Company), after the effective date of such registration except as may otherwise be agreed between the Company and the
lead managing underwriter(s) of such Underwritten Offering.

 

6.7  Registration
Procedures.

 

(a)  If
and whenever the Company is required to use commercially reasonable efforts to effect the registration of any Registrable Securities
under the Securities Act as provided in Section 6.1, Section 6.2 or Section 6.3, the Company
shall as expeditiously as reasonably practicable:

 

(i)  prepare
and file with the Commission a registration statement to effect such registration in accordance with the intended method or methods
of distribution of such securities and thereafter use commercially reasonable efforts to cause such registration statement to
become and remain effective pursuant to the terms of this Article IV; provided, however, that the Company
may discontinue any registration of its securities which are not Registrable Securities at any time prior to the effective date
of the registration statement relating thereto; provided, further, that before filing such registration statement
or any amendments thereto, the Company will furnish to the Demand Shareholders which are including Registrable Securities in such
registration (“Selling Shareholders”), their counsel and the lead managing underwriter(s), if any, copies of
all such documents proposed to be filed, which documents will be subject to the review and reasonable comment of such counsel,
and other documents reasonably requested by such counsel, including any comment letter from the Commission, and, if requested
by such counsel, provide such counsel reasonable opportunity to participate in the preparation of such registration statement
and each prospectus included therein and such other opportunities to conduct a reasonable investigation within the meaning of
the Securities Act, including reasonable access to the Company’s books and records, officers, accountants and other advisors.
The Company shall not file any such registration statement or prospectus or any amendments or supplements thereto with respect
to a Demand Registration to which the holders of a majority of Registrable Securities held by the Requesting Shareholder(s), their
counsel or the lead managing underwriter(s), if any, shall reasonably object, in writing, on a timely basis, unless, in the opinion
of the Company, such filing is necessary to comply with Applicable Law;

 

    	 	34	 

     

    

 

(ii)  except
in the case of a Shelf Registration Statement, prepare and file with the Commission such amendments, including post-effective
amendments, and supplements to such registration statement and the prospectus used in connection therewith as may be necessary
to keep such registration statement effective pursuant to the terms of this Article VI, and comply in all material
respects with the provisions of the Securities Act with respect to the disposition of all securities covered by such registration
statement;

 

(iii)  in
the case of a Shelf Registration Statement, prepare and file with the Commission such amendments, including post-effective amendments,
and supplements to such Shelf Registration Statement and the prospectus used in connection therewith as may be necessary to keep
such Shelf Registration Statement effective and to comply in all material respects with the provision of the Securities Act with
respect to the disposition of the Registrable Securities subject thereto for a period ending on the earlier of (x) ninety
(90) days after the Shelf Registration Statement has been declared effective, provided that in the event of a Blackout Period,
as described below, the period during which the Shelf Registration shall be required to remain effective will be extended by the
number of days during which the Blackout Period is in effect, (y) the date when all restrictive legends on the Registrable
Securities have been removed or (z) the date on which all the Registrable Securities held by the Demand Shareholders
cease to be Registrable Securities;

 

(iv)  if
requested by the lead managing underwriter(s), if any, or the holders of a majority of the then outstanding Registrable Securities
being sold in connection with an Underwritten Offering, promptly include in a prospectus supplement or post-effective amendment
such information as the lead managing underwriter(s), if any, and such holders may reasonably request in order to permit the intended
method of distribution of such securities and make all required filings of such prospectus supplement or such post-effective amendment
as soon as reasonably practicable after the Company has received such request; provided, however, that the Company
shall not be required to take any actions under this Section 6.7(a)(iv) that are not, in the opinion of counsel for
the Company, in compliance with Applicable Law;

 

    	 	35	 

     

    

 

(v)  furnish
to the Selling Shareholders and each underwriter, if any, of the securities being sold by such Selling Shareholders such number
of conformed copies of such registration statement and of each amendment and supplement thereto, such number of copies of the
prospectus contained in such registration statement (including each preliminary prospectus and any summary prospectus) and each
free writing prospectus (as defined in Rule 405 of the Securities Act) (a “Free Writing Prospectus”) utilized
in connection therewith and any other prospectus filed under Rule 424 under the Securities Act, in conformity with the requirements
of the Securities Act, and such other documents as such Selling Shareholders and underwriter, if any, may reasonably request in
order to facilitate the public sale or other disposition of the Registrable Securities owned by such Selling Shareholders;

 

(vi)  use
commercially reasonable efforts to register or qualify or cooperate with the Selling Shareholders, the underwriters, if any, and
their respective counsel in connection with the registration or qualification (or exemption from such registration or qualification)
of such Registrable Securities covered by such registration statement under such other securities laws or “blue sky”
laws of such jurisdictions as the Selling Shareholders and any underwriter of the securities being sold by such Selling Shareholders
shall reasonably request, and to keep each such registration or qualification (or exemption therefrom) effective during the period
such registration statement is required to be kept effective and take any other action which may be necessary or reasonably advisable
to enable such Selling Shareholders and underwriters to consummate the disposition in such jurisdictions of the Registrable Securities
owned by such Selling Shareholders, except that the Company shall not for any such purpose be required to (A) qualify
generally to do business as a foreign corporation in any jurisdiction wherein it would not but for the requirements of this clause (vi)
be obligated to be so qualified, (B) subject itself to taxation in any such jurisdiction or (C) file a
general consent to service of process in any such jurisdiction;

 

(vii)  use
commercially reasonable efforts to cause such Registrable Securities (if such Registrable Securities are Ordinary Shares) to be
listed on each securities exchange on which Ordinary Shares are then listed;

 

(viii)  use
commercially reasonable efforts to provide and cause to be maintained a transfer agent and registrar for all Registrable Securities
covered by such registration statement from and after a date not later than the effective date of such registration statement;

 

    	 	36	 

     

    

 

(ix)  enter
into such agreements (including an underwriting agreement) in form, scope and substance as is customary in underwritten offerings
of Ordinary Shares by the Company and use its commercially reasonable efforts to take all such other actions reasonably requested
by the holders of a majority of the Registrable Securities being sold in connection therewith (including those reasonably requested
by the lead managing underwriter(s), if any) to expedite or facilitate the disposition of such Registrable Securities, and in
such connection, whether or not an underwriting agreement is entered into and whether or not the registration is an Underwritten
Offering (A) make such representations and warranties to the holders of such Registrable Securities and the underwriters,
if any, with respect to the business of the Company and its Subsidiaries, and the registration statement, prospectus and documents,
if any, incorporated or deemed to be incorporated by reference therein, in each case, in form, substance and scope as are customarily
made by issuers in underwritten offerings, and, if true, confirm the same if and when requested, (B) if any underwriting
agreement has been entered into, the same shall contain customary indemnification provisions and procedures with respect to all
parties to be indemnified pursuant to Section 6.10, except as otherwise agreed by the holders of a majority of the
Registrable Securities being sold and (C) deliver such documents and certificates as reasonably requested by the holders
of a majority of the Registrable Securities being sold, their counsel and the lead managing underwriter(s), if any, to evidence
the continued validity of the representations and warranties made pursuant to sub-clause (A) above and to evidence compliance
with any customary conditions contained in the underwriting agreement or other agreement entered into by the Company. The above
shall be done at each closing under such underwriting or similar agreement, or as and to the extent required thereunder;

 

(x)  in
connection with an Underwritten Offering, use commercially reasonable efforts to obtain for the underwriter(s) (A) opinions
of counsel for the Company, covering the matters customarily covered in opinions requested in underwritten offerings and such
other matters as may be reasonably requested by such underwriters and (B) “comfort” letters and updates
thereof (or, in the case of any such Person which does not satisfy the conditions for receipt of a “comfort” letter
specified in Statement on Auditing Standards No. 72, an “agreed upon procedures” letter) signed by the independent
public accountants who have certified the Company’s financial statements included in such registration statement, covering
the matters customarily covered in “comfort” letters in connection with underwritten offerings;

 

    	 	37	 

     

    

 

(xi)  make
available for inspection by the Selling Shareholders, any underwriter participating in any disposition pursuant to any registration
statement, and any attorney, accountant or other agent or representative retained in connection with such offering by such Selling
Shareholders or underwriter (collectively, the “Inspectors”), financial and other records, pertinent corporate
documents and properties of the Company (collectively, the “Records”), as shall be reasonably necessary, or
as shall otherwise be reasonably requested, to enable them to exercise their due diligence responsibility, and cause the officers,
directors and employees of the Company and its Subsidiaries to supply all information in each case reasonably requested by any
such representative, underwriter, attorney, agent or accountant in connection with such registration statement; provided,
however, that the Company shall not be required to provide any information under this Section 6.7(a)(xi) if
(A) the Company believes, after consultation with counsel for the Company, that to do so would cause the Company to
forfeit an attorney-client privilege that was applicable to such information or (B) either (1) the Company
has requested and been granted from the Commission confidential treatment of such information contained in any filing with the
Commission or documents provided supplementally or otherwise or (2) the Company reasonably determines in good faith
that such Records are confidential and so notifies the Inspectors in writing; unless prior to furnishing any such information
with respect to clause (1) or (2) such Selling Shareholder requesting such information enters into, and causes each of its
Inspectors to enter into, a confidentiality agreement on terms and conditions reasonably acceptable to the Company; provided,
further, that each Selling Shareholder agrees that it will, upon learning that disclosure of such Records is sought in
a court of competent jurisdiction or by another Governmental Entity, give notice to the Company and allow the Company, at its
expense, to undertake appropriate action seeking to prevent disclosure of the Records deemed confidential;

 

(xii)  as
promptly as practicable notify in writing the Selling Shareholders and the underwriters, if any, of the following events: (A) the
filing of the registration statement, any amendment thereto, the prospectus or any prospectus supplement related thereto or post-effective
amendment to the registration statement or any Free Writing Prospectus utilized in connection therewith, and, with respect to
the registration statement or any post-effective amendment thereto, when the same has become effective; (B) any request
by the Commission or any other U.S. or state governmental authority for amendments or supplements to the registration statement
or the prospectus or for additional information; (C) the issuance by the Commission of any stop order suspending the
effectiveness of the registration statement or the initiation of any proceedings by any Person for that purpose; (D) the
receipt by the Company of any notification with respect to the suspension of the qualification of any Registrable Securities for
sale under the securities or “blue sky” laws of any jurisdiction or the initiation or threat of any proceeding for
such purpose; (E) if at any time the representations and warranties of the Company contained in any mutual agreement
(including any underwriting agreement) contemplated by Section 6.7(a)(ix) cease to be true and correct in any material
respect; and (F) upon the happening of any event that makes any statement made in such registration statement or related
prospectus or any document incorporated or deemed to be incorporated therein by reference untrue in any material respect or that
requires the making of any changes in such registration statement, prospectus or documents so that, in the case of the registration
statement, it will not contain any untrue statement of a material fact or omit to state any material fact required to be stated
therein or necessary to make the statements therein not misleading, and that in the case of the prospectus, it will not contain
any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein,
in light of the circumstances under which they were made, not misleading, and, at the request of any Selling Shareholder, promptly
prepare and furnish to such Selling Shareholder a reasonable number of copies of a supplement to or an amendment of such registration
statement or prospectus as may be necessary so that, as thereafter delivered to the purchasers of such Registrable Securities,
such prospectus shall not include an untrue statement of a material fact or omit to state a material fact required to be stated
therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading;

 

    	 	38	 

     

    

 

(xiii)  use
commercially reasonable efforts to obtain the withdrawal of any order suspending the effectiveness of such registration statement,
or the lifting of any suspension of the qualification (or exemption from qualification) of any of the Registrable Securities for
sale in any jurisdiction at the earliest reasonable practicable date, except that, subject to the requirements of Section 6.7(a)(vi),
the Company shall not for any such purpose be required to (A) qualify generally to do business as a foreign corporation
in any jurisdiction wherein it would not but for the requirements of this clause (xiii) be obligated to be so qualified,
(B) subject itself to taxation in any such jurisdiction or (C) file a general consent to service of process
in any such jurisdiction;

 

(xiv)  cooperate
with the Selling Shareholders and the lead managing underwriter(s) to facilitate the timely preparation and delivery of certificates
(which shall not bear any restrictive legends unless required under Applicable Law) representing securities sold under any registration
statement, and enable such securities to be in such denominations and registered in such names as the lead managing underwriter(s)
or such Selling Shareholders may request and keep available and make available to the Company’s transfer agent prior to
the effectiveness of such registration statement a supply of such certificates;

 

(xv)  cooperate
with each seller of Registrable Securities and each underwriter or agent participating in the disposition of such Registrable
Securities and their respective counsel in connection with any filings required to be made with FINRA;

 

(xvi)  have
appropriate officers of the Company prepare and make presentations at a reasonable number of “road shows” and before
analysts and rating agencies, as the case may be, and other information meetings reasonably organized by the underwriters, take
other actions to obtain ratings for any Registrable Securities (if they are eligible to be rated) and otherwise use its commercially
reasonable efforts to cooperate as reasonably requested by the Selling Shareholders and the underwriters in the offering, marketing
or selling of the Registrable Securities; provided, however, that the scheduling of any such “road shows”
and other meetings shall not unduly interfere with the normal operations of the business of the Company; and

 

    	 	39	 

     

    

 

(xvii)  take
all other actions reasonably requested by Amazon or the lead managing underwriter(s) to effect the intent of this Agreement.

 

(b)  The
Company may require each Selling Shareholder and each underwriter, if any, to furnish the Company in writing such information
regarding each Selling Shareholder or underwriter and the distribution of such Registrable Securities as the Company may from
time to time reasonably request in writing to complete or amend the information required by such registration statement.

 

(c)  Each
Selling Shareholder agrees that upon receipt of any notice from the Company of the happening of any event of the kind described
in clauses (B), (C), (D), (E) and (F) of Section 6.7(a)(xii), such Selling Shareholder shall forthwith discontinue
such Selling Shareholder’s disposition of Registrable Securities pursuant to the applicable registration statement and prospectus
relating thereto until such Selling Shareholder’s receipt of the copies of the supplemented or amended prospectus contemplated
by Section 6.7(a)(xi), or until it is advised in writing by the Company that the use of the applicable prospectus
may be resumed, and has received copies of any additional or supplemental filings that are incorporated or deemed to be incorporated
by reference in such prospectus; provided, however, that the Company shall extend the time periods under Section 6.1(c)
with respect to the length of time that the effectiveness of a registration statement must be maintained by the amount of
time the holder is required to discontinue disposition of such securities.

 

(d)  With
a view to making available to the holders of Registrable Securities the benefits of Rule 144 under the Securities Act and
any other rule or regulation of the Commission that may at any time permit a holder to sell securities of the Company to the public
without registration, the Company shall:

 

(i)  use
commercially reasonable efforts to make and keep public information available, as those terms are understood and defined in Rule 144
under the Securities Act;

 

(ii)  use
commercially reasonable efforts to file with the Commission in a timely manner all reports and other documents required of the
Company under the Exchange Act, at any time when the Company is subject to such reporting requirements; and

 

    	 	40	 

     

    

 

(iii)  furnish
to any holder of Registrable Securities, promptly upon request, a written statement by the Company as to its compliance with the
reporting requirements of Rule 144 under the Securities Act and of the Exchange Act, a copy of the most recent annual or
quarterly report of the Company, and such other reports and documents so filed or furnished by the Company with the Commission
as such holder may reasonably request in connection with the sale of Registrable Securities without registration (in each case
to the extent not readily publicly available).

 

6.8  Registration
Expenses. All fees and expenses incident to the Company’s performance of its obligations under this Article IV,
including (a) all registration and filing fees, including all fees and expenses of compliance with securities and
“blue sky” laws (including the reasonable and documented fees and disbursements of counsel for the underwriters in
connection with “blue sky” qualifications of the Registrable Securities pursuant to Section 6.7(a)(vi))
and all fees and expenses associated with filings required to be made with FINRA (including, if applicable, the fees and expenses
of any “qualified independent underwriter” as such term is defined in FINRA Rule 5121, except in the event that
Requesting Shareholders select the underwriters) (b) all printing (including expenses of printing certificates for
the Registrable Securities in a form eligible for deposit with the Depository Trust Company and of printing prospectuses if the
printing of prospectuses is requested by Amazon) and copying expenses, (c) all messenger, telephone and delivery expenses,
(d) all fees and expenses of the Company’s independent certified public accountants and counsel (including with
respect to “comfort” letters and opinions), (e) expenses of the Company incurred in connection with any
“road show”, other than any expense paid or payable by the underwriters and (f) reasonable and documented
fees and disbursements of one counsel, not to exceed $50,000, for all holders of Registrable Securities whose Registrable Securities
are included in a registration statement, which counsel shall be selected by, in the case of a Demand Registration, the Requesting
Shareholders, in the case of a Shelf Offering, the Demand Shareholder(s) requesting such offering, or in the case of any other
registration, the holders of a majority of the Registrable Securities being sold in connection therewith, shall be borne solely
by the Company whether or not any registration statement is filed or becomes effective. In connection with the Company’s
performance of its obligations under this Article VI, the Company will pay its internal expenses (including all salaries
and expenses of its officers and employees performing legal or accounting duties and the expense of any annual audit) and the
expenses and fees for listing the securities to be registered on the primary securities exchange or over-the-counter market on
which similar securities issued by the Company are then listed or traded. Each Selling Shareholder shall pay its portion of all
underwriting discounts and commissions and transfer taxes, if any, relating to the sale of such Selling Shareholder’s Registrable
Securities pursuant to any registration.

 

    	 	41	 

     

    

 

6.9  Miscellaneous.

 

(a)  Not
less than five (5) Business Days before the expected filing date of each registration statement pursuant to this Agreement, the
Company shall notify each holder of Registrable Securities who has timely provided the requisite notice hereunder entitling such
holder to register Registrable Securities in such registration statement of the information, documents and instruments from such
holder that the Company or any underwriter reasonably requests in connection with such registration statement, including a questionnaire,
custody agreement, power of attorney, lock-up letter and underwriting agreement (the “Requested Information”).
If the Company has not received, on or before the second Business Day before the expected filing date, the Requested Information
from such holder, the Company may file the registration statement without including Registrable Securities of such holder. The
failure to so include in any registration statement the Registrable Securities of a holder of Registrable Securities (with regard
to that registration statement) shall not result in any liability on the part of the Company to such holder.

 

(b)  The
Company shall not grant to any Person any demand, piggyback or shelf registration rights the terms of which are senior to or conflict
with the rights granted to Amazon hereunder without the prior written consent of Amazon. If Amazon provides such consent, Amazon
and the Company shall amend this Agreement to grant Amazon any such senior demand, piggyback or self registration rights.

 

(c)  The
rights and obligations of the parties set forth in this Agreement are subject to the agreements and understandings of the parties
hereto and Fortissimo Capital Fund (II) Israel L.P. as set forth in that certain Waiver and Agreement of even date herewith (the
“Waiver and Agreement”)

 

6.10  Registration
Indemnification.

 

(a)  The
Company agrees, without limitation as to time, to indemnify and hold harmless, to the fullest extent permitted by law, each Selling
Shareholder and its Affiliates and their respective officers, directors, members, stockholders, employees, managers and partners
and each Person who controls (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange
Act) such Selling Shareholder or such other indemnified Person and the officers, directors, members, stockholders, employees,
managers and partners of each such controlling Person, each underwriter, if any, and each Person who controls (within the meaning
of Section 15 of the Securities Act and Section 20 of the Exchange Act) such underwriter, from and against all losses,
claims, damages, liabilities, costs, expenses (including reasonable expenses of investigation and reasonable attorneys’
fees and expenses), judgments, fines, penalties, charges and amounts paid in settlement (collectively, the “Losses”),
as incurred, arising out of, caused by, resulting from or relating to any untrue statement (or alleged untrue statement) of a
material fact contained in any registration statement, prospectus or preliminary prospectus or Free Writing Prospectus or any
amendment 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, in light of the circumstances under which they were made, not misleading and (without limitation
of the preceding portions of this Section 6.10(a)) will reimburse each such Selling Shareholder, each of its Affiliates,
and each of their respective officers, directors, members, stockholders, employees, managers and partners and each such Person
who controls each such Selling Shareholder and the officers, directors, members, stockholders, employees, managers, partners,
accountants, attorneys and agents of each such controlling Person, each such underwriter and each such Person who controls any
such underwriter, for any legal and any other expenses reasonably incurred in connection with investigating and defending or settling
any such claim, Loss, damage, liability or action, except insofar as the same are caused by any information furnished in writing
to the Company by any Selling Shareholder expressly for use therein.

 

    	 	42	 

     

    

 

(b)  In
connection with any registration statement in which a Selling Shareholder is participating, without limitation as to time, each
such Selling Shareholder shall, severally and not jointly, indemnify the Company, its directors, officers and employees, and each
Person who controls (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act) the
Company, from and against all Losses, as incurred, arising out of, caused by, resulting from or relating to any untrue statement
(or alleged untrue statement) of material fact contained in the registration statement, prospectus or preliminary prospectus or
Free Writing Prospectus or any amendment 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, in light of the circumstances under which they were made, not
misleading, and (without limitation of the preceding portions of this Section 6.10(b)) will reimburse the Company,
its directors, officers and employees and each Person who controls the Company (within the meaning of Section 15 of the Securities
Act and Section 20 of the Exchange Act) for any legal and any other expenses reasonably incurred in connection with investigating
and defending or settling any such claim, Loss, damage, liability or action, in each case solely to the extent, but only to the
extent, that such untrue statement or omission is made in such registration statement, prospectus or preliminary prospectus or
Free Writing Prospectus or any amendment or supplement thereto in reliance upon and in conformity with written information furnished
to the Company by such Selling Shareholder for inclusion in such registration statement, prospectus or preliminary prospectus
or Free Writing Prospectus or any amendment or supplement thereto. Notwithstanding the foregoing, no Selling Shareholder shall
be liable under this Section 6.10(b) for amounts in excess of the gross proceeds (after deducting any underwriting
discount or commission) received by such holder in the offering giving rise to such liability.

 

(c)  Any
Person entitled to indemnification hereunder shall give prompt written notice to the indemnifying party of any claim with respect
to which it seeks indemnification; provided, however, the failure to give such notice shall not release the indemnifying
party from its obligation, except to the extent that the indemnifying party has been actually and materially prejudiced by such
failure to provide such notice on a timely basis.

 

    	 	43	 

     

    

 

(d)  In
any case in which any such action is brought against any indemnified party, and it notifies an indemnifying party of the commencement
thereof, the indemnifying party will be entitled to participate therein, and, to the extent that it may wish, to assume the defense
thereof, with counsel reasonably satisfactory to such indemnified party, and after notice from the indemnifying party to such
indemnified party of its election so to assume the defense thereof and acknowledging the obligations of the indemnifying party
with respect to such proceeding, the indemnifying party will not (so long as it shall continue to have the right to defend, contest,
litigate and settle the matter in question in accordance with this paragraph) be liable to such indemnified party hereunder for
any legal or other expense subsequently incurred by such indemnified party in connection with the defense thereof other than reasonable
costs of investigation, supervision and monitoring (unless (i) such indemnified party reasonably objects to such assumption
on the grounds that (A) there may be defenses available to it which are different from or in addition to the defenses available
to such indemnifying party or (B) such action involves, or is reasonably likely to have an effect beyond, the scope of
matters that are subject to indemnification pursuant to this Section 6.10, or (ii) the indemnifying party shall
have failed within a reasonable period of time to assume such defense and the indemnified party is or would reasonably be expected
to be materially prejudiced by such delay, in either event the indemnified party shall be promptly reimbursed by the indemnifying
party for the expenses incurred in connection with retaining one separate legal counsel (for the avoidance of doubt, for all indemnified
parties in connection therewith)). For the avoidance of doubt, notwithstanding any such assumption by an indemnifying party, the
indemnified party shall have the right to employ separate counsel in any such matter and participate in the defense thereof, but
the fees and expenses of such counsel shall be at the expense of such indemnified party except as provided in the previous sentence.
An indemnifying party shall not be liable for any settlement of an action or claim effected without its consent. No matter shall
be settled by an indemnifying party without the consent of the indemnified party (which consent shall not be unreasonably withheld,
conditioned or delayed), unless such settlement (x) includes 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, (y) does
not include any statement as to or any admission of fault, culpability or a failure to act by or on behalf of any indemnified
party and (z) is settled solely for cash for which the indemnified party would be entitled to indemnification hereunder.

 

(e)  The
indemnification provided for under this Agreement shall survive the Transfer of the Registrable Securities and the termination
of this Agreement.

 

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(f)  If
recovery is not available under the foregoing indemnification provisions for any reason or reasons other than as specified therein,
any Person who would otherwise be entitled to indemnification by the terms thereof shall nevertheless be entitled to contribution
with respect to any Losses with respect to which such Person would be entitled to such indemnification but for such reason or
reasons, in such proportion as is appropriate to reflect the relative fault of the indemnifying party, on the one hand, and such
indemnified party, on the other hand, in connection with the actions, statements or omissions that resulted in such Losses as
well as any other relevant equitable considerations. The relative fault of the indemnifying party and of the indemnified party
shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or
the omission to state a material fact relates to information supplied by the indemnifying party or by the indemnified party, the
Persons’ relative knowledge and access to information concerning the matter with respect to which the claim was asserted,
the opportunity to correct and prevent any statement or omission, and other equitable considerations appropriate under the circumstances.
It is hereby agreed that it would not necessarily be equitable if the amount of such contribution were determined by pro rata
or per capita allocation. No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities
Act) shall be entitled to contribution from any Person who was not found guilty of such fraudulent misrepresentation. Notwithstanding
the foregoing, no Selling Shareholder shall be required to make a contribution in excess of the amount received by such Selling
Shareholder from its sale of Registrable Securities in connection with the offering that gave rise to the contribution obligation.

 

6.11  Free
Writing Prospectuses. Amazon shall not use any “free writing prospectus” (as defined in Rule 405 under the
Securities Act) in connection with the sale of Registrable Securities pursuant to this Article VI without the prior
written consent of the Company (which consent shall not be unreasonably withheld, conditioned or delayed). Notwithstanding the
foregoing, Amazon may use any free writing prospectus prepared and distributed by the Company.

 

6.12  Survival.
Notwithstanding anything in this Agreement, this Article VI shall survive termination of this Agreement pursuant to Section
8.1, and will continue until the date that the Beneficial Ownership of Amazon, in the aggregate, of the Ordinary Shares is
less than two percent (2%) of the issued and outstanding shares of Ordinary Shares, so long as, as of such date, all of the then-remaining
Registrable Securities Beneficially Owned by Amazon may be sold in a single transaction without limitation under Rule 144
under the Securities Act.

 

    	 	45	 

     

    

 

Article
VII

 

DEFINITIONS

 

7.1  Defined
Terms. Capitalized terms when used in this Agreement have the following meanings:

 

“Acquisition
Proposal” means any proposal, offer, inquiry, indication of interest or expression of intent (whether binding or non-binding,
and whether communicated to the Company, the Board or publicly announced to the Company’s stockholders or otherwise) by
any Person or Group relating to an Acquisition Transaction.

 

“Acquisition
Transaction” means (a) any transaction or series of related transactions as a result of which any Person
or Group (excluding Amazon or any of its Affiliates) becomes the beneficial owner, directly or indirectly, of 35% or more of the
outstanding Equity Securities (measured by either voting power or economic interests) of the Company, (b) any transaction
or series of related transactions in which the stockholders of the Company immediately prior to such transaction or series of
related transactions (the “Pre-Transaction Stockholders”) cease to beneficially own, directly or indirectly,
at least 65% of the outstanding Equity Securities (measured by either voting power or economic interests) of the Company; provided
that this clause (b) shall not apply if (i) such transaction or series of related transactions is an acquisition
by the Company effected, in whole or in part, through the issuance of Equity Securities of the Company, (ii) such
acquisition does not result in a Person or Group beneficially owning, directly or indirectly, a greater percentage of the outstanding
Equity Securities (measured by either voting power or economic interests) of the Company than Amazon, and (iii) the
Pre-Transaction Stockholders continue to beneficially own, directly or indirectly, at least 60% of the outstanding Equity Securities
(measured by voting power and economic interests) of the Company, (c) any merger, consolidation, statutory share exchange,
reorganization, recapitalization or similar extraordinary transaction (which may include a reclassification) involving the Company,
as a result of which at least 35% ownership of the Company is transferred to another Person or Group (excluding Amazon or any
of its Affiliates), (d) individuals who constitute the Continuing Directors, taken together, ceasing for any reason
to constitute at least a majority of the Board, or (e) any sale or lease or exchange, transfer, license or disposition
of a business, deposits or assets that constitute 35% or more of the consolidated assets, business, revenues, net income, assets
or deposits of the Company.

 

“Affiliate”
means, with respect to any person, any other person (for all purposes hereunder, including any entities or individuals) that directly
or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with, such first person.
It is expressly agreed that, for purposes of this definition, none of the Company or any of its subsidiaries is an Affiliate of
Amazon or any of its subsidiaries (and vice versa).

 

    	 	46	 

     

    

 

“Agreement”
has the meaning set forth in the preamble.

 

“Amazon”
has the meaning set forth in the preamble.

 

“Applicable
Law” means, with respect to any Person, any federal, national, state, local, municipal, international, multinational
or SRO statute, law, ordinance, secondary and subordinate legislation, directives, rule (including rules of common law), regulation,
ordinance, treaty, Order, permit, authorization or other requirement applicable to such Person, its assets, properties, operations
or business.

 

“Anti-takeover
Provisions” has the meaning set forth in Section 4.3.

 

“Antitrust
Laws” has the meaning set forth in Section 2.2(d)(iii).

 

“Bankruptcy
Exceptions” has the meaning set forth in Section 2.2(d)(i).

 

“Beneficial
Owner”, “Beneficially Own” or “Beneficial Ownership” has the meaning assigned
to such term in Rule 13d-3 under the Exchange Act, and a Person’s beneficial ownership of securities shall be calculated
in accordance with the provisions of such Rule (in each case, irrespective of whether or not such Rule is actually applicable
in such circumstance); provided that, except as otherwise specified herein, such calculations shall be made inclusive of
all Shares subject to issuance pursuant to the Warrant.

 

“Blackout
Period” means (i) any regular quarterly period during which directors and executive officers of the Company
are not permitted to trade under the insider trading policy of the Company then in effect and (ii) in the event that
the Company determines in good faith that a registration of securities would (x) reasonably be expected to materially
adversely affect or materially interfere with any bona fide material financing of the Company or any material transaction under
consideration by the Company or (y) would require disclosure of information that has not been, and is not otherwise
required to be, disclosed to the public, the premature disclosure of which would adversely affect the Company in any material
respect, a period of the shorter of the ending of the condition creating a Blackout Period and up to ninety (90) days; provided,
that a Blackout Period described in this clause (ii) may not occur more than once in any period of six (6) consecutive months.

 

“Board”
has the meaning set forth in Section 4.4(b)(ii).

 

“Business
Day” has the meaning set forth in Section 1.3.

 

“CFC”
has the meaning set forth in Section 5.2(e).

 

“Closing”
has the meaning set forth in Section 1.2(a).

 

“Code”
has the meaning set forth in Section 5.2(c).

 

    	 	47	 

     

    

 

“Commission”
has the meaning set forth in Section 2.1(b).

 

“Company”
has the meaning set forth in the preamble.

 

“Company
Benefit Plan” has the meaning set forth in Section 2.2(d)(ii).

 

“Company
Stock Plans” has the meaning set forth in Section 2.2(b).

 

“Confidential
Information” means all information (irrespective of the form of communication, and irrespective of whether obtained
prior to or after the date hereof) obtained by or on behalf of Amazon or its Representatives from the Company, its Affiliates
or their respective representatives, through the Beneficial Ownership of Equity Securities or through the rights granted pursuant
hereto, other than information which (i) was or becomes generally available to the public other than as a result of
a breach of this Agreement by Amazon, its Affiliates or their respective Representatives, (ii) was or becomes available
to Amazon, its Affiliates or their respective Representatives on a non-confidential basis from a source other than the Company,
its Affiliates or their respective representatives, provided, that the source thereof is not known by Amazon or such of
its Affiliates or their respective Representatives to be bound by an obligation of confidentiality, or (iii) is independently
developed by Amazon, its Affiliates or their respective Representatives without the use of any such information that would otherwise
be Confidential Information hereunder. Subject to clauses (i)-(iii) above, Confidential Information also includes (a) 
all non-public information previously provided by the Company, its Affiliates or their respective Representatives under the provisions
of the Confidentiality Agreement, including all information, documents and reports referred to thereunder, (b) subject
to any disclosures permitted by Section 3.2, all non-public understandings, agreements and other arrangements between and
among the Company and Amazon, and (c) all other non-public information received from, or otherwise relating to, the
Company or its Subsidiaries.

 

“Confidentiality
Agreement” means the Mutual Nondisclosure Agreement, dated as of February 12, 2016, by and between Amazon and the Company.

 

“Continuing
Directors” means the directors of the Company on the date hereof and each other director if, in each case, such other
director’s nomination for election to the Board is recommended by more than 50% of the Continuing Directors or more than
50% of the members of the Nominating and Governance Committee of the Board that are Continuing Directors.

 

“control”
means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of
a Person, whether through the ownership of voting securities, by contract or otherwise. “Controlled” and “controlling”
shall be construed accordingly.

 

    	 	48	 

     

    

 

“conversion”
has the meaning set forth in the definition of Equity Securities.

 

“convertible
securities” has the meaning set forth in the definition of Equity Securities.

 

“Demand”
has the meaning set forth in Section 6.1(a).

 

“Demand
Registration” has the meaning set forth in Section 6.1(a).

 

“Demand
Registration Statement” has the meaning set forth in Section 6.1(a).

 

“Demand
Shareholder” means NV Investment Holdings or any Permitted Transferee, in either case that holds Registrable Securities.

 

“Derivative
Instruments” means any and all derivative securities (as defined under Rule 16a-1 under the Exchange Act) that
increase in value as the value of any Equity Securities of the Company increases, including a long convertible security, a long
call option and a short put option position, in each case, regardless of whether (x) such interest conveys any voting
rights in such security, (y) such interest is required to be, or is capable of being, settled through delivery of
such security or (z) other transactions hedge the economic effect of such interest.

 

“Disclosable
Agreement” has the meaning set forth in Section 3.2(b).

 

“Disclosure
Agency” has the meaning set forth in Section 3.2(b).

 

“Effect”
has the meaning set forth in Section 2.1(a).

 

“Equity
Securities” means any and all (i) shares, interests, participations or other equivalents (however designated)
of capital stock or other voting securities of a corporation, any and all equivalent or analogous ownership (or profit) or voting
interests in a Person (other than a corporation), (ii) securities convertible into or exchangeable for shares, interests,
participations or other equivalents (however designated) of capital stock or voting securities of (or other ownership or profit
or voting interests in) such Person, and (iii) any and all warrants, rights or options to purchase any of the foregoing,
whether voting or nonvoting, and, in each case, whether or not such shares, interests, participations, equivalents, securities,
warrants, options, rights or other interests are authorized or otherwise existing on any date of determination (clauses (ii)
and (iii), collectively “convertible securities” and any conversion, exchange or exercise of any convertible
securities, a “conversion”).

 

“Exchange
Act” has the meaning set forth in Section 2.1(b).

 

“Exercise
Approval” has the meaning set forth in Section 2.3(b)(i).

 

    	 	49	 

     

    

 

“FINRA”
means the Financial Industry Regulatory Authority, Inc.

 

“Form F-3”
has the meaning set forth in Section 6.3(a).

 

“Fortissimo”
has the meaning set forth in Section 6.9(c).

 

“Form
S-3” has the meaning set forth in Section 6.3(a).

 

“Free
Writing Prospectus” has the meaning set forth in Section 6.7(a)(v).

 

“GAAP”
has the meaning set forth in in Section 2.1(a).

 

“Governmental
Approval” means any authorization, consent, approval, waiver, exception, variance, order, exemption, publication, filing,
declaration, concession, grant, franchise, agreement, permission, permit, or license of, from or with any Governmental Entity,
the giving of notice to or registration with any Governmental Entity or any other action in respect of any Governmental Entity.

 

“Governmental
Entity” has the meaning set forth in Section 2.2(d)(iii).

 

“Group”
has the meaning assigned to such term in Section 13(d)(3) of the Exchange Act.

 

“HSR
Act” has the meaning set forth in Section 2.2(d)(iii).

 

“HSR
Filing Date” has the meaning set forth in Section 3.1(b).

 

“Initial
Antitrust Clearance” has the meaning set forth in Section 3.1(b).

 

“Initial
Antitrust Filings” has the meaning set forth in Section 3.1(b).

 

“Initial
Filing Transaction” has the meaning set forth in Section 3.1(b).

 

“Initial
Press Release” has the meaning set forth in Section 3.2(a).

 

“Inspectors”
has the meaning set forth in Section 6.7(a)(xi).

 

“Investors’
Rights Agreement” has the meaning set forth in Section 6.9(c).

 

“Losses”
has the meaning set forth in Section 6.10(a).

 

“Lower
Tier Entity” has the meaning set forth in Section 5.2(d).

 

“Marketed
Underwritten Shelf Offering” has the meaning set forth in Section 6.3(f).

 

    	 	50	 

     

    

 

“Master
Purchase Agreement” has the meaning set forth in the recitals.

 

“Material
Adverse Effect” has the meaning set forth in Section 2.1(a).

 

“NIS”
means the Israeli New Shekel, the lawful currency of the State of Israel.

 

“NV
Investment Holdings” has the meaning set forth in the recitals.

 

“Order”
means any judgment, decision, decree, order, settlement, injunction, writ, stipulation, determination or award issued by any Governmental
Entity.

 

“Ordinary
Shares” has the meaning set forth in the recitals.

 

“Original
Public Acquisition Proposal” has the meaning set forth in Section 4.5(b)(ii).

 

“Other
Antitrust Filings” has the meaning set forth in Section 3.1(b).

 

“Other
Demanding Sellers” has the meaning set forth in Section 6.2(c).

 

“Other
Proposed Sellers” has the meaning set forth in Section 6.2(c).

 

“Permitted
Transferee” means Amazon or any wholly owned subsidiary of Amazon.

 

“Permitted
Transfers” has the meaning set forth in Section 4.4(b).

 

“Person”
means an individual, company, corporation, partnership, limited liability company, trust, body corporate (wherever located) or
other entity, organization or unincorporated association, including any Governmental Entity.

 

“Lower
Tier Entity” has the meaning set forth in Section 5.2(d).

 

“PFIC”
has the meaning set forth in Section 6.2(a).

 

“Piggyback
Registration” has the meaning set forth in Section 6.2(a).

 

“Piggyback
Seller” has the meaning set forth in Section 6.2(a).

 

“Previously
Disclosed” has the meaning set forth in Section 2.1(b).

 

“Qualifying
Public Acquisition Proposal” means as it relates to any Original Public Acquisition Proposal under Section 4.5(b),
any proposal, offer, inquiry or indication of interest (whether binding or non-binding, and whether communicated to the Company,
the Board or publicly announced to the Company’s stockholders or otherwise) by Amazon relating to an alternative Acquisition
Proposal which Amazon determines in good faith constitutes greater value than such Original Public Acquisition Proposal.

 

    	 	51	 

     

    

 

“Records”
has the meaning set forth in Section 6.7(a)(xi).

 

“Registrable
Amount” means an amount of Registrable Securities having an aggregate value of at least $8 million (based on the anticipated
offering price (as reasonably determined in good faith by the Company)), without regard to any underwriting discount or commission,
or such lesser amount of Registrable Securities as would result in the disposition of all of the Registrable Securities Beneficially
Owned by the applicable Requesting Shareholder(s); provided, that such lesser amount shall have an aggregate value of at
least $3 million (based on the anticipated offering price (as reasonably determined in good faith by the Company)), without regard
to any underwriting discount or commission.

 

“Registrable
Securities” means any and all (i) Shares, (ii) other stock or securities that Amazon or its
subsidiaries may be entitled to receive, or will have received, pursuant to its ownership of the Shares, in lieu of or in addition
to Ordinary Shares, and (iii) Equity Securities issued or issuable directly or indirectly with respect to the securities
referred to in the foregoing clause (i) or (ii) by way of conversion or exchange thereof or share dividend or share
split or in connection with a combination of shares, recapitalization, reclassification, merger, amalgamation, arrangement, consolidation
or other reorganization. As to any particular securities constituting Registrable Securities, such securities shall cease to be
Registrable Securities when they have been (x) effectively registered or qualified for sale by prospectus filed under
the Securities Act and disposed of in accordance with the Registration Statement covering therein, or (y) sold to
the public through a broker, dealer or market maker pursuant to Rule 144 or other exemption from registration under the Securities
Act. For purposes of this Agreement, a Person shall be deemed to be a holder of Registrable Securities whenever such Person has
the right to acquire directly or indirectly such Registrable Securities (upon conversion or exercise in connection with a transfer
of securities or otherwise, but disregarding any restrictions or limitations upon the exercise of such right), whether or not
such acquisition has actually been effected.

 

“Representatives”
has the meaning set forth in Section 5.1(d)(i).

 

“Requested
Information” has the meaning set forth in Section 6.9(a).

 

“Requesting
Shareholders” has the meaning set forth in Section 6.1(a).

 

“SEC
Reports” has the meaning set forth in Section 2.1(b).

 

“Securities
Act” has the meaning set forth in Section 2.1(b).

 

    	 	52	 

     

    

 

“Selling
Shareholders” has the meaning set forth in Section 6.7(a)(i).

 

“Shares”
has the meaning set forth in the recitals.

 

“Shelf
Notice” has the meaning set forth in Section 6.3(a).

 

“Shelf
Offering” has the meaning set forth in Section 6.3(f).

 

“Shelf
Registration Statement” has the meaning set forth in Section 6.3(a).

 

“SRO”
means any (i) “self-regulatory organization” as defined in Section 3(a)(26) of the Exchange Act,
(ii) other United States or foreign securities exchange, futures exchange, commodities exchange or contract market
or (iii) other securities exchange.

 

“Standstill
Period” has the meaning set forth in Section 4.5(a).

 

“subsidiary”
means, with respect to such person, any foreign or domestic entity, whether incorporated or unincorporated, of which (i) such
person or any other subsidiary of such person is a general partner, (ii) at least a majority of the voting power to
elect a majority of the directors or others performing similar functions with respect to such other entity is directly or indirectly
owned or controlled by such person or by any one or more of such person’s subsidiaries, or (iii) at least fifty
percent (50%) of the equity interests or which are is directly or indirectly owned or controlled by such person or by any
one or more of such person’s subsidiaries.

 

“Take-Down
Notice” has the meaning set forth in Section 6.3(f).

 

“Tax
Advisor” means a ‘Big Four’ accounting firm that is selected by the Company.

 

“Transaction
Documents” has the meaning set forth in Section 2.1(b).

 

“Transaction
Litigation” has the meaning set forth in Section 3.1(e).

 

“Transfer”
means (i) any direct or indirect offer, sale, lease, assignment, encumbrance, pledge, grant of a security interest,
hypothecation, disposition or other transfer (by operation of law or otherwise), either voluntary or involuntary, or entry into
any contract, option or other arrangement or understanding with respect to any offer, sale, lease, assignment, encumbrance, pledge,
hypothecation, disposition or other transfer (by operation of law or otherwise), of any capital stock or interest in any capital
stock or (ii) in respect of any capital stock or interest in any capital stock, the entry into any swap or any other
agreement, transaction or series of transactions that hedges or transfers, in whole or in part, directly or indirectly, the economic
consequence of ownership of such capital stock or interest in capital stock, whether any such swap, agreement, transaction or
series of transaction is to be settled by delivery of securities, in cash or otherwise. “Transferor” means
a Person that Transfers or proposes to Transfer; and “Transferee” means a Person to whom a Transfer is made
or is proposed to be made.

 

    	 	53	 

     

    

 

“Underwritten
Offering” means a sale of securities of the Company to an underwriter or underwriters for reoffering to the public.

 

“Undesignated
Registrable Shares” has the meaning set forth in Section 6.2(b).

 

“Voting
Securities” means Ordinary Shares of the Company and any other securities of the Company entitled to vote generally
in the election of directors of the Company.

 

“Waiver
and Agreement” has the meaning set forth in Section 6.9.

 

“Warrant”
has the meaning set forth in Section 1.1.

 

“Warrant
Issuance” has the meaning set forth in Section 1.1.

 

“Warrant
Shares” has the meaning set forth in Section 1.1.

 

Article
VIII

 

MISCELLANEOUS

 

8.1  Termination
of This Agreement; Other Triggers.

 

(a)  This
Agreement may be terminated at any time:

 

(i)  with
the prior written consent of each of Amazon and the Company; or

 

(ii)  if
the Initial Antitrust Clearance shall not have been obtained on or prior to the date that is six months after the latest date
of the Initial Antitrust Filings, by Amazon, provided that Amazon may not exercise the termination right pursuant to this
Section 8.1(a)(ii) if a breach by Amazon of any obligation, representation or warranty under this Agreement has been
the cause of, or resulted in, the failure of the Initial Antitrust Clearance to have been obtained on or prior to the date that
is six months after the latest date of the Initial Antitrust Filings.

 

(b)  In
the event of termination of this Agreement as provided in this Section 5.1, this Agreement (other than Section 1.3
(Interpretation), Section 3.2 (Public Announcements), Section 3.3 (Expenses),
Section 4.1 (Acquisition for Investment) (to the extent any Warrant Shares have been issued prior to termination),
Section 4.2 (Legend) (to the extent any Warrant Shares have been issued prior to termination), Article V
(Governance), Article VI (Registration) and this Article VIII, each of which shall survive any
termination of this Agreement) shall forthwith become void and there shall be no liability on the part of any party, except that
nothing herein shall relieve any party from liability for any breach of this Agreement prior to such termination.

 

    	 	54	 

     

    

 

(c)  Without
affecting in any manner any prior exercise of the Warrant, in the event of termination of this Agreement as provided in this Section 8.1,
the unvested portion of the Warrant shall be canceled and terminated and shall forthwith become void and the Company shall have
no subsequent obligation to issue, and the Warrantholder (as defined in the Warrant) shall have no subsequent right to acquire,
any Warrant Shares pursuant to such canceled portion of the Warrant. For the avoidance of doubt, the Warrant shall remain in full
force and effect with respect to the vested portion thereof, and nothing in this Section 8.1 shall affect the ability
of the NV Investment Holdings to exercise such vested portion of the Warrant following termination of this Agreement.

 

8.2  Amendment.
No amendment of any provision of this Agreement shall be effective unless made in writing and signed by a duly authorized officer
of each party.

 

8.3  Waiver
of Conditions. The conditions to any party’s obligation to consummate any transaction contemplated herein are for the
sole benefit of such party and may be waived by such party in whole or in part to the extent permitted by applicable law. No waiver
shall be effective unless it is in writing signed by a duly authorized officer of the waiving party that makes express reference
to the provision or provisions subject to such waiver.

 

8.4  Counterparts
and Facsimile. This Agreement may be executed in any number of separate counterparts, each such counterpart being deemed to
be an original instrument, and all such counterparts shall together constitute the same agreement. Executed signature pages to
this Agreement may be delivered by facsimile or transmitted electronically by “pdf” file and such facsimiles or pdf
files shall be deemed as sufficient as if actual signature pages had been delivered.

 

8.5  Governing
Law; Submission to Jurisdiction; WAIVER OF JURY TRIAL. This Agreement shall be governed by, and construed and enforced in
accordance with, the laws of the State of New York, without regard to any choice or conflict of law provision or rule (whether
of the State of New York or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than
the State of New York. In addition, each of the parties (a) expressly submits to the personal jurisdiction and venue of the
state and federal courts located in New York County, New York, in the event any dispute (whether in contract, tort or otherwise)
arises out of this Agreement or the transactions contemplated hereby, (b) expressly waives any claim of lack of personal
jurisdiction or improper venue and any claims that such courts are an inconvenient forum, and (c) agrees that it shall not
bring any claim, action or proceeding relating to this Agreement or the transactions contemplated hereby in any court other than
the state or federal courts of New York County, New York. Each party hereby irrevocably consents to the service of process of
any of the aforementioned courts in any such suit, action or proceeding by the mailing of copies thereof by registered or certified
mail or by overnight courier service, postage prepaid, to its address set forth in Section 8.6, such service to become effective
10 days after such mailing. EACH PARTY HEREBY WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE
TO A TRIAL BY JURY IN RESPECT OF ANY CLAIM, ACTION OR PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION
WITH THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. EACH PARTY (i) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY
OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK
TO ENFORCE THE FOREGOING WAIVER AND (ii) ACKNOWLEDGES THAT IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT, BY, AMONG OTHER
THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 8.5.

 

    	 	55	 

     

    

 

8.6
Notices. Any notice, request, instruction or other document to be given hereunder by any party to the other shall be in
writing and shall be deemed to have been duly given (a) if sent by registered or certified mail in the United States
return receipt requested, upon receipt, (b) if sent by nationally recognized overnight air courier, one Business Day
after mailing, (c) if sent by email or facsimile transmission, with a copy mailed on the same day in the manner provided
in clauses (a) or (b) of this Section 8.6 when transmitted and receipt is confirmed, or (d) if otherwise
actually personally delivered, when delivered. All notices hereunder shall be delivered as set forth below, or pursuant to such
other instructions as may be designated in writing by the party to receive such notice.

 

If to the Company, to:

 

	 	Name:	Kornit
    Digital Ltd.
	 	Address:	12
    Ha`Amal Street, Afek Park, Rosh-Ha`Ayin 4809246, Israel
	 	Fax:	+972
    3 908 0280
	 	Email:	Guy.Avidan@kornit.com
	 	Attn:	Guy
    Avidan

 

with
a copy to (which copy alone shall not constitute notice):

 

	 	Name:	Meitar
    Liquornik Geva Leshem Tal
	 	Address:	16
    Abba Hillel Silver Road, Ramat Gan 5250608, Israel
	 	Fax:	+
    972 3 610 3688
	 	Email:	Avivav@meitar.com
	 	Attn:	Aviv
    Advidan-Shalit

 

    	 	56	 

     

    

 

and

 

	 	Name:	White
    & Case LLP
	 	Address:	1155
    Avenue of the Americas, New York, NY 10036
	 	Fax:	+1
    212 354 8113
	 	Email:	cdiamond@whitecase.com
	 	Attn:	Colin
    Diamond

 

if
to Amazon, to:

 

	 	Name:	Amazon.com,
    Inc.
	 	Address:	410
    Terry Avenue North Seattle,
    WA  98109-5210
	 	Fax:	(206)
    266-7010
	 	Email:	 
	 	Attn:	General
    Counsel

 

with
a copy to (which copy alone shall not constitute notice):

 

	 	Name:	Debevoise
    & Plimpton LLP
	 	Address:	919
    Third Avenue New
    York, NY  10022
	 	Fax:	(212)
    521-7698
	 	Email:	wdregner@debevoise.com
	 	Attn:	William
    D. Regner

 

8.7
Entire Agreement, Etc. This Agreement (including the Schedules, Exhibits and Annexes hereto) and the other Transaction
Documents, and the Confidentiality Agreement constitute the entire agreement, and supersede all other prior agreements, understandings,
representations and warranties, both written and oral, between the parties, with respect to the subject matter hereof. Subject
to Section 6.9(c), no party shall take, or cause to be taken, including by entering into agreements or other arrangements with
provisions or obligations that conflict, or purport to conflict, with the terms of the Transaction Documents or any of the transactions
contemplated thereby, any action with either an intent or effect of impairing any such other person’s rights under any of
the Transaction Documents.

 

8.8
Assignment. Neither this Agreement nor any right, remedy, obligation nor liability arising hereunder or by reason hereof
shall be assignable by any party without the prior written consent of the other party, and any attempt to assign any right, remedy,
obligation or liability hereunder without such consent shall be void, except that Amazon may transfer or assign, in whole or from
time to time in part, to one or more of its direct or indirect wholly owned subsidiaries, its rights and/or obligations under
this Agreement, but any such transfer or assignment shall not relieve Amazon of its obligations hereunder. Subject to the preceding
sentence, this Agreement shall be binding upon, inure to the benefit of and be enforceable by the parties and their respective
successors and assigns.

 

    	 	57	 

     

    

 

8.9
Severability. If any provision of this Agreement or a Transaction Document, or the application thereof to any person or
circumstance, is determined by a court of competent jurisdiction to be invalid, void or unenforceable, the remaining provisions
hereof, or the application of such provision to persons or circumstances other than those as to which it has been held invalid
or unenforceable, shall remain in full force and effect and shall in no way be affected, impaired or invalidated thereby, so long
as the economic or legal substance of the transactions contemplated hereby or thereby is not affected in any manner materially
adverse to any party. Upon such determination, the parties shall negotiate in good faith in an effort to agree upon a suitable
and equitable substitute provision to effect the original intent of the parties.

 

8.10
No Third Party Beneficiaries. Nothing contained in this Agreement, expressed or implied, is intended to confer upon any
person other than the parties (and any wholly owned subsidiary of Amazon to which an assignment is made in accordance with this
Agreement) any benefits, rights, or remedies.

 

8.11
Specific Performance. The parties agree that failure of any party to perform its agreements and covenants hereunder, including
a party’s failure to take all actions as are necessary on such party’s part in accordance with the terms and conditions
of this Agreement to consummate the transactions contemplated hereby, will cause irreparable injury to the other party, for which
monetary damages, even if available, will not be an adequate remedy. It is agreed that the parties shall be entitled to equitable
relief including injunctive relief and specific performance of the terms hereof, without the requirement of posting a bond or
other security, and each party hereby consents to the issuance of injunctive relief by any court of competent jurisdiction to
compel performance of a party’s obligations and to the granting by any court of the remedy of specific performance of such
party’s obligations hereunder, this being in addition to any other remedies to which the parties are entitled at law or
equity.

 

*
* *

 

    	 	58	 

     

    

 

IN
WITNESS WHEREOF, this Agreement has been duly executed and delivered by the duly authorized officers of the parties as of the
date first herein above written.

 

	 	KORNIT
    DIGITAL LTD.
	 	 
	 	By:	/s/
    Gabi Seligsohn /s/ Guy Avidan
	 	 	Name:	Gabi
Seligsohn Guy Avidan
	 	 	Title:	CEO/CFO
	 	 	 	 
	 	AMAZON.COM,
    INC.
	 	 
	 	By:	/s/
    David Shearer
	 	 	Name:	David
    Shearer  
	 	 	Title:	Vice
    President

 

    	 	59	 

     

    

 

Schedule
5.1(a)

 

1.
Basic Financial Information and Reporting.

 

A. The
Company shall maintain true books and records of account in which full and correct entries will be made of all its business transactions
pursuant to a system of accounting established and administered in accordance with United States generally accepted accounting
principles consistently applied (except as noted therein), and shall set aside on its books all such proper accruals and reserves
as shall be required under GAAP consistently applied. The Company shall maintain, in all material respects, effective internal
control over financial reporting based on criteria established in Internal Control – Integrated Framework issued by the
Committee of Sponsoring Organizations of the Treadway Commission.

 

B. As
soon as practicable after the end of each fiscal year of the Company, and in any event within ninety (90) days thereafter, the
Company shall furnish Amazon with a balance sheet of the Company, as at the end of such fiscal year, a statement of income, a
statement of stockholders’ equity, and a statement of cash flows of the Company and accompanying notes to the financial
statements, for such year, all audited and prepared in accordance with GAAP consistently applied (except as noted therein) and
setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail. Such financial
statements shall be accompanied by an audit report and opinion thereon by independent public accountants of national standing
selected by the Board.

 

C. The
Company shall furnish Amazon as soon as practicable after the end of the first, second and third quarterly accounting periods
in each fiscal year of the Company, and in any event within forty-five (45) days thereafter, a balance sheet of the Company as
of the end of each such quarterly period, and a statement of income and a statement of cash flows of the Company for such period
and for the current fiscal year to date, prepared in accordance with GAAP consistently applied (except as noted therein or as
disclosed to the recipients thereof), with the exception that no notes need be attached to such statements and year-end audit
adjustments may not have been made. In order to facilitate Amazon’s compliance with its public reporting requirements, the
Company shall deliver the financial statements described in the first sentence of Schedule 1.1(a)(1)(C) above to Amazon, together
with a certification that, to the Company’s knowledge, (i) such interim financial statements are fairly stated,
in all material respects, in accordance with GAAP for the periods presented, applied on the same basis as the Company’s
audited financial statements as of and for the most recent fiscal year end, and reflect all adjustments necessary for a fair presentation
of the interim financial statements, subject to the exceptions noted on an exhibit to such certification and (ii) that
the Company has made available to Amazon the information required by Section 5.1 of this Agreement. In addition, to facilitate
Amazon’s compliance with its public reporting requirements, the Company shall engage a nationally recognized accounting
firm (the “Auditor”) to perform quarterly review procedures that result in the issuance of an independent accountant’s
review report on the Company’s quarterly and year-to-date balance sheet and statement of operations for the periods ending
March 31, June 30 and September 30; which reports shall be delivered within 45 days after the end of the quarter for with the
report pertains. In order to facilitate Amazon’s compliance with its public reporting requirements, the Company’s
chief financial officer and chief accounting officer shall participate in one or more teleconferences with representatives of
Amazon each quarter to review the financial statements previously delivered and discuss significant transactions reflected for
the period of the financial statements.

 

    	 	60	 

     

    

 

D. The
Company shall furnish each Amazon at least sixty (60) days prior to the beginning of each fiscal year (and as soon as available,
any subsequent written revisions thereto) a comprehensive operating budget forecasting the Company’s revenues, expenses,
net income/loss and cash position on a month-to-month basis for the upcoming fiscal year (a “Budget”). Each
Budget shall be prepared in accordance with United States generally accepted accounting principles consistently applied (except
as noted thereon).

 

E. All
financial information and budgets required under clauses (B), (C), and (E) above shall consist of consolidated financial statements
(consolidating the Company and its subsidiaries) unless GAAP provides otherwise.

 

F. As
soon as reasonably practicable, and in any event within 15 days after the issuance of the report, the Company shall furnish to
Amazon any 409A valuation reports that it prepares or causes to be prepared.

 

2.
Inspection Rights. Amazon shall have the right to visit and inspect any of the properties of the Company or any of its subsidiaries,
and to discuss the affairs, finances and accounts of the Company or any of its subsidiaries with its officers, and to review such
information as is reasonably requested all at such reasonable business times and as often as may be reasonably requested.

 

3.
Other Materials. As soon as practicable (or otherwise as provided herein), the Company shall furnish Amazon with copies of
the following documents:

 

A. Material
documents filed with governmental agencies, including, without limitation, the Internal Revenue Service and the SEC, or any other
documents or information requested by Amazon or necessary to support Amazon’s tax, accounting and SEC reports and filings,
including providing by February 15th of each year such information as is necessary to support Amazon’s tax reporting obligations.

 

B. Notices
regarding any default on any material loan or lease to which the Company is a party.

 

C. In
addition, the Company shall furnish Amazon advance notice of (i) any dividend or other distribution to be paid by the Company
to holders of the Ordinary Shares or (ii) any non-functional currency investments or loans.

 

    	 	61	 

     

    

 

EXHIBIT
A

 

[Must
be signed by an authorized representative of the Company]

 

PFIC
ANNUAL INFORMATION STATEMENT

 

PFIC
Annual Information Statement pursuant to U.S. Treasury Regulation § 1.1295-1(g).

 

KORNIT
DIGITAL LTD., an Israeli limited company (the “Company”) hereby represents that:

 

	1.	This
    PFIC Annual Information Statement applies to the Company’s taxable year beginning on                         and
    ending on                        .

 

	2.	The
    pro rata shares of the Company’s ordinary earnings and net capital gain attributable to the U.S. Shareholder for the
    taxable year specified in paragraph (1) are:

 

Ordinary
Earnings:U.S.$                        

 

Net
Capital Gains:U.S.$                        

 

	3.	The
    amount of cash and the fair market value of other property distributed or deemed distributed by the Company to the U.S. Shareholder
    during the taxable year specified in paragraph (1) are as follows:

 

Cash:
U.S.$                        

 

Fair
Market Value of Property: U.S.$                        

 

	4.	The
    Company will permit the U.S. Shareholder to inspect and copy the Company’s permanent books of account, records, and
    such other documents as may be maintained by the Company that are necessary to establish that the Company’s ordinary
    earnings and net capital gain are computed in accordance with U.S. Federal income tax principles, and to verify these amounts
    and the U.S. Shareholder’s pro rata shares thereof.

 

	By:	 	 

 

	Title:	 

 

	Date:	 

 

     

     

    

 

ANNEX
A

 

Form
of Master Purchase Agreement

 

 

 

 

 

 

     

     

    

 

ANNEX
B

 

Form
of Warrant

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