Document:

Exhibit 10.14

 

Second Amendment to Unsecured Loan Agreement

 

Signed between the parties on November 23, 2021

 

Whereas on July 1, 2021 a loan
agreement was entered into between Smart Repair Pro, registration number C4094119, a company incorporated in California
(“borrower”), and M.R.M Merchavit Achzakot Ve’nihul Ltd. company number 513142562, pursuant to which lender
loaned to borrower in aggregate of $375,000, as amended for the first time on July 13, 2021 (“Loan Agreement”);

 

Whereas both parties have mutually
agreed to extend the repayment date;

 

Whereas both parties wished to put
the new and updated changes in writing by way of this amendment.

 

Therefore, both parties hereby agree as follows:

 

1.
Extension of the repayment date

 

It is agreed by both parties that Clause
2 to the Loan Agreement shall be amended and restated as follows:

 

“The loan amount will be repaid
at the earliest date of either A) March 31, 2023 and B) upon completion of the initial public offering (as defined in Clause 5)”.

 

2.
General

 

The parent company’s undertaking
to issue options shall not be construed in any manner as an undertaking of the parent company to cover or be liable for any of the lender’s
undertakings or liabilities. This amendment will be considered an integral part of the Loan Agreement. Terms used in this amendment, but
not defined herein, shall have the meanings set forth in the Loan Agreement. In the event of a conflict between the provisions of the
Loan Agreement and this amendment, the provisions of this amendment shall prevail, even if the conflicting clauses in the Loan Agreement
have not been amended directly under this amendment.

 

IN WITNESS WHEREOF the parties have
executed this Agreement.

 

	Parent Company:	 	Borrower:	 	Lender:
	 	 	 	 	 
	/s/ Jeffs Brands Ltd.	 	/s/ Smart Repair Pro	 	/s/ M.R.M Merchavit Achzakot Ve’nihul Ltd.
	Jeffs’ Brands Lt.	 	Smart Repair Pro	 	M.R.M Merchavit Achzakot Ve’nihul Ltd.
	By:	      	 	By:	    	 	By:	     
	Title:	 	 	Title:	 	 	Title:Exhibit 10.15

 

ASSIGNMENT AGREEMENT

 

This Assignment Agreement (this “Agreement”)
is made as of May 3, 2022 (the “Effective Date”), by and between Smart Repair Pro Inc, with its principal place of
business at Hanechoshet 3, Tel Aviv (“Assignor”), and Jeffs’ Brands Ltd., with its principal place of business
at Hanechoshet 3, Tel Aviv (“Assignee”) (hereinafter referred to collectively as the “Parties” and
individually as a “Party”).

 

	WHEREAS,  	Assignor has agreed to irrevocably transfer and assign to Assignee all of its rights, title and interest under a loan agreement made by and between the Assignor and   Medigus Ltd (the “Borrower”) dated October 15, 2020, January 1, 2021, February 3, 2021 and February 9, 2021 (the “Loans Agreement”);

 

	WHEREAS,	Assignor wishes to assign its entire rights and obligations in the Loan Agreement to Assignee (the “Assigned Rights”) and Assignee wishes to assume the foregoing in the Agreement.

 

	NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:

 

AGREEMENT

 

		1.	ASSIGNMENT

 

		1.1.	Assignment.
The Assignor hereby assigns to the Assignee the Assigned Rights effective on the Effective Date in accordance with this Agreement,
subject to and at the IPO.

 

		1.2.	Accurate
and Complete Copy of the Agreement. The Assignor represents and warrants to the Assignee that an accurate and complete
copy of the Loan Agreement is attached as Exhibit A to this Agreement.

 

		1.3.	Absence
of Effect on Agreement. Nothing contained herein shall affect the interpretation of, or amend or otherwise define or
limit, the Agreement, which remains in full force and effect and binding on the parties prescribed therein.

 

		2.	CONSIDERATION

 

		2.1.	In consideration of the assignment of the Assigned Rights, upon
the effectiveness of the assignment prescribed in Section 1.1 above, the Assignor shall be issued with (i) such amount of ordinary shares
of the Assignee, equals to all outstanding principal amount specified under the Loan Agreement, divided by a price per share calculated
based on a pre-money company valuation of US$10,000,000, on an issued and outstanding basis immediately prior to the IPO (as such term
is defined below), and (ii) all outstanding interest amount, as defined under the Loan Agreement, paid in cash (subject on Section 3
below).

 

		2.2.	“IPO” means an initial public offering of
the shares of the Assignee, registered pursuant to an effective registration statement under the United States Securities Act of 1933,
as amended, or the securities laws of another jurisdiction as determined by the Board of the Assignee.

 

    1

     

    

 

		3.	Withholding Rights.

 

		3.1.	Right
to Withhold. Borrower understands and acknowledges that Assignee may require to deduct or withhold certain amounts pertaining to
the repayment and/or conversion of any loan amount, as defined under the Loan Agreement. The Borrower shall bear all obligations associated
with amounts required for withholding from any consideration payable
or otherwise deliverable to the Assignee pursuant to the Loan Agreement and this Agreement, and shall immediately upon the demand of
Assignee, indemnify, reimburse and hold Borrower harmless against any damages, suits and/or liabilities arising thereto.

 

		3.2.	Tax
Rulings; Withholding Certificates. Notwithstanding the provisions of this Section ‎3, with
respect to any amount deducted or withheld under the Israel Income Tax Ordinance [New Version] 5721-1961 (the “Ordinance”)
pursuant to Section 2, if Borrower has provided to the Assignee, prior to any payment payable pursuant
to this Agreement, with a valid certificate or ruling issued by the Israel Tax Authority regarding the deduction or withholding of tax
(including the reduction of tax to be withheld, an exemption from withholding
or any other instructions regarding the payment of withholding) (the “Tax Certificate”) from any consideration payable
to Assignee hereunder, then the withholding (if any) of any amount under the Ordinance from the consideration payable to Assignee hereunder,
and the payment of the consideration or any portion thereof, shall be made in accordance with the provisions of such Tax Certificate.
For the avoidance of doubt, a Tax Certificate under the Israeli Income Tax Regulations (Withholding from Payments for Services or Assets),
5737-1977, valid on the payment date, shall be treated as a valid Tax Certificate.

 

		4.	REPRESENTATIONS AND WARRANTIES

 

		4.1.	Authority. Each Party represents and warrants that it
has the full power and authority to enter into this Agreement and to perform its obligations hereunder, and that the performance of such
obligations will not conflict with or result in a breach of any agreement to which such Party is a party or is otherwise bound.

 

		5.	GENERAL

 

		5.1.	Governing Law. This Agreement
shall be governed by and construed in accordance with the laws of the State of Israel and the competent courts in Tel Aviv shall
have exclusive jurisdiction in all matters pertaining to this Assignment and Assumption Agreement.

 

		5.2.	Modifications; Waivers. This Agreement shall not be modified,
waived or terminated except pursuant to an agreement in writing signed by the party against whom such modification, waiver or termination
is to be enforced.

 

		5.3.	Severability.
If any provision of this Agreement is determined to be invalid or unenforceable, the validity or enforceability of the other provisions
or of this Agreement as a whole will not be affected; and, in such event, such provision will be changed and interpreted so as best to
accomplish the objectives of such provision within the limits of applicable law or applicable court decision.

 

		5.4.	Entire Agreement.
This Agreement serves to document formally the entire understanding between the Parties relating to the subject matter hereof, and supersedes
and replaces any prior or contemporaneous agreements, negotiations or understandings (whether oral or written) relating to the same subject
matter. No amendment or modification of any provision of this Agreement will be effective unless in writing and signed by a duly authorized
signatory of the Party against which enforcement of the amendment or modification is sought.

 

		5.5.	Counterparts.
This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument.

 

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IN WITNESS WHEREOF,
the Parties have caused this Agreement to be executed by their duly authorized representatives as of the Effective Date.

 

	Assignor
	 	Assignee

	 	 	 
	By:	 	 	By:	 
	Name (Print):	 	 	Name (Print):	 
	Title:	 	 	Title:	 

 

Acknowledged by:

 

	 	Borrower

	 	 
	 	By:	 
	 	Name (Print):	 
	 	Title:	 

 

 

 

3Exhibit 10.20

 

AMENDMENT TO CONSULTANCY AGREEMENT

 

This Amendment the Services
Agreement (the “Amendment”) is made as of May 4, 2022, by and between Jeffs’ Brands Ltd., a company organized
under the laws of the State of Israel (the “Company”) and Mr. Viki Hackmon (the “Consultant”).

 

		WHEREAS,	Company and the Consultant are parties to a certain services agreement, dated October 25, 2020 (the “Original
Agreement”, and together with this Amendment: the “Agreement”); and,

 

		WHEREAS,	the parties hereto wish to amend certain provisions of the Original Agreement, as more fully set forth
in this Amendment.

 

	NOW THEREFORE,	in consideration of the foregoing recitals and the mutual
promises hereinafter set forth, the parties hereto agree as follows:

 

		1.	Compensation and Bonus.

 

Subject to the closing of the initial
public offering of the Company in the US:

 

		1.1.	The monthly Fee payable to Consultant shall be NIS 80,000 (VAT inclusive, if applicable), and

 

		1.2.	Consultant shall be entitled to a one time bonus in a gross amount of NIS 480,000 (VAT inclusive, if applicable),
equivalent to six (6) month Fee.

 

		2.	Miscellaneous

 

		2.1.	Except as set forth herein, the Original Agreement shall remain in full force and effect in accordance
with its terms and conditions. In case of any controversy between the Original Agreement and the herein terms, the latter shall govern
and prevail.

 

		2.2.	This Amendment constitutes an integral part of the Consulting Agreement. Any Capitalized Terms not herein
defined shall have the meaning ascribed to them in the Consulting Agreement.

 

		2.3.	Any Capitalized Terms not herein defined shall have the meaning ascribed to them in the Original Agreement.

 

[Signatures Page Below]

 

     

     

    

 

IN WITNESS WHEREOF, the parties
hereto have executed this Amendment as of the date first written above.

 

	 	/s/ Jeffs’ Brands Ltd.	 	 	/s/ Viki Hackmon
	 	Jeffs’ Brands Ltd.	 	 	Consultant
	By:	 	 	 	 
	Title:

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