Document:

LOAN AGREEMENT OF FLASHAPP

	             Between Vladimir Novakovic («Lender») and Flashapp («Borrower»)

	  
	  
	  

	                          Date:  May 18, 2018

	  

  
 1.Loan Amount & Interest 
 The Lender promises to loan $40,000 to the Borrower and the Borrower promises to repay tins principal amount to the Lender, with no interest payable on the unpaid.
 2.Payment 
 This Loan will be repaid in full when it is financially convenient for the Borrower.
 3.Default 
 Notwithstanding anything to the contrary in this Agreement, if the Borrower defaults in the performance of any obligation under this Agreement, then the Lender may declare the principal amount owing due under this Agreement at that time to be immediately due and payable.
 4.Governing Law 
 This Agreement will be construed in accordance with and governed by the laws of State of Nevada.
 5.Costs 
 All costs, expenses and expenditures including, without limitation, the complete legal costs incurred by enforcing this Agreement as a result of any default by the Borrower, will be added to the principal then outstanding and will immediately be paid by the Borrower.
 6.Binding Effect 
 This Agreement will pass to the benefit of and be binding upon the respective heirs, executors, administrators, successors and permitted assigns of the Borrower and Lender. The Borrower waives presentment for payment, notice of non-payment, protest, and notice of protest.
 7.Amendments 
 This Agreement may only be amended or modified by a written instrument executed by both the Borrower and the Lender. 

  8.Severability 
 The clauses and paragraphs contained in this Agreement are intended to be read and construed independently of each other. If any term, covenant, condition or provision of this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, it is the parties' intent that such provision be reduced in scope by the court only to the extent deemed necessary by that court to render the provision reasonable and enforceable and the reminder of the provisions of this Agreement will in no way be affected, impaired or invalidated as a result.
 9.General provisions 
 Headings are inserted for the convenience of the parties only and are not to be considered when interpreting this Agreement. Words in the singular mean and include the plural and vice versa. Words in the masculine mean and include the feminine and vice versa.
 10.Entire agreement 
 This Agreement constitutes the entire agreement between the parties and there are no further items or provisions, either oral or otherwise.
  
 Date Loan Agreement Adopted: May 18, 2018
  
 Vladimir Novakovic (Lender)                                                                 /s/ Vladimir Novakovic
                                         Signature of the Flashapp PresidentConverted by EDGARwiz

  PERMISSION
 We, Registered Office (UK) Ltd hereby give you permission when ordered to use 85 Great Portland Street, First Floor, London,
 W1W 7LT or 40 Bloomsbury Way, Lower Ground Floor, London, WC1A 2SE or 63‐66 Ha on Garden, 5th Floor, Suite 23, London, EC1N
 8LE as your registered office address and / or director service address and / as your business address for the period of one
 month / year from the date ordered.
 PAYMENT
 Payment Terms: 7 days from date of invoice
 Bank Details for BACS payment or electronic/internet payment.
 Bank: Lloyds
 Bank Sort Code: 30‐93‐79
 Bank Account Number: 20439460
 Name of Account: Registered Office (UK) Ltd
 Card Payment: h p://thelondonoffice.com/index/make_payment
 Subject to our terms & condi ons of sale.
 Best regards,
 Registered Office Accounts
 Email: accounts@theregisteredoffice.com
 Tel: 020 7112 5367
 If for any reason you do not wish to renew your service, you must advise us before the start of the next period.
 The Registered Office and The London Office (trading names of Registered Office (UK) Limited registered in England ‐ Company
 Number 09347868 ‐ Located at 85 Great Portland Street, First Floor, London, W1W 7LT)EXHIBIT
4.1

 

Ordinary
Shares Purchase Form

 

Full
and accurate name of the (classified) Investor ________________________________________________ Contact ___________________ Phone
‘Direct ____________________ Mobile __________________ Email to transfer the issuance _____________________________________________________

 

To:
Rada Electronic Industries Ltd. (“the Company”)

 

Re:
RADA Electronic Industries Ltd. - Form for ordering ordinary shares

 

1.
We hereby submit to Rada Electronic Industries Ltd. (the “Company”) an irrevocable offer to purchase ________ ordinary
shares of NIS 0.03 par value each (“Ordinary Shares”). The Ordinary Shares will be issued for the consideration of
US $ __________ (US $2.75 per Ordinary Share), payable in New Israeli Shekels according to the representative exchange rate of
the dollar on the date of payment.

 

2.
In the event that we receive written notice of the acceptance of all or part of our offer by the Company (the “Acceptance
Notice”), we undertake to pay the Company the full consideration in respect of the total shares issued to us as stated
in the Acceptance Notice.

 

3.
In connection with our offer, we hereby irrevocably represent and warrant that the Ordinary Shares are purchased with our own
funds, for our own account for the purpose of investment, and not with a view to any resale or other distribution thereof in violation
of the Israeli Securities Law, as amended and other securities laws in the United States including the Securities Act of 1933.

 

4.
Except for the Company’s representations and disclosures, including in its financial reports, periodic reports or immediate
reports, the Ordinary Shares are purchased “as is” without further representations and with no indemnification obligations.
The Ordinary Shares will otherwise be free from encumbrance, lien or foreclosure including any regulatory or other restriction
on the transfer of the Shares once registered or subject to exemptions. Without limitation, no person, company or other legal
entity shall have the right of first refusal, right of accession or any other right with respect to the issuance of the Ordinary
Shares. The Company has not received any notice of intention or grounds for the delisting of the Shares or halts of trading in
the Company’s securities on NASDAQ, and there is no intention and or cause to delist the Company’s securities from
the NASDAQ or prevent the continued trading of the Company’s securities on the NASDAQ Market.

 

5.
We do not have, and we will not have in the future, a claim whatsoever against the Company, its affiliates, including directors,
agents and employees, in connection with Company, its status, its financial condition and its assets, and in connection with the
Ordinary Shares, except in the event that it becomes clear that the information included in the reports as stated in Section 4
above includes a misleading statement as defined under the Israeli Securities Law.

 

6.
We know and confirm that the issuance of such Ordinary Shares will be effected by virtue of the Company’s existing shelf
prospectus. Therefore, the information in respect of this issue is “confidential information” with all the implications
thereof, and as long as the Company has not released this information to the public, we are bound by all restrictions and obligations
in connection with this confidential information.

 

7.
We confirm that we are a sophisticated investor with such knowledge and experience in financial and business matters as to be
able to evaluate the merits and risks of an investment in the Ordinary Shares.

 

8.
We confirm that we are an Israeli entity, one of the types of corporations specified in the First Schedule to the Israeli Securities
Law, and also declare and undertake as stated in Exhibit A to this Order Form.

 

9.
We acknowledge that if the controlling shareholder, DBSI Investments Ltd. (“DBSI”) notifies its intention
to participate in the offering, DBSI’s participation shall be subject to the approval of the shareholders of the
Company. For
removal of any doubt, our undertaking pursuant to this Agreement, is not conditioned upon DBSI’s participation, nor on-participation
in the offering or the approval or disapproval thereof.

 

    	 

    	 

    

 

10.
We are aware that the Company may determine or change the scope of the Ordinary Shares’ issuance, as well as reject or cancel
the issuance of the Ordinary Shares, all in accordance with its sole discretion. We are also aware that the execution of the Ordinary
Shares issuance is subject to the fulfillment of all the following conditions: (a) Obtaining the approval of the Company’s
Board of Directors and any approval of other organs of the Company required by law and - (b) Obtaining approvals to issue the
Shares from NASDAQ and other regulatory approvals in the U.S.

 

In
the event that the Company does not accept this proposal, we shall have no claim or demand against the Company its affiliated
entities or its managers or its employees or its advisors or anyone acting on its behalf.

 

Name
and signature of the investor ____________

 

Billing
Account:

 

Bank
/ Member of the Stock Exchange _______________

Branch
and Account No. _______________

Exact
account owner name ____________________________________________

 

Securities
transfer account:

 

Bank
/ Member of the Stock Exchange _______________

Branch
and Account No. _____________

Exact
account owner name ____________________________________________

 

    	 

    	 

    

 

Exhibit
A

 

The
undersigned, ________________________, hereby represents as follows:

 

1.
The transactions contemplated by this Agreement have not been pre-arranged with a buyer located in the United States or with a
U.S. Person, and are not part of a plan or scheme to evade the registration requirements of the Securities Act.

 

2.
Neither the undersigned nor any person acting on his behalf has undertaken or carried out any activity for the purpose of, or
that could reasonably be expected to have the effect of, conditioning the market in the United States, its territories or possessions,
for any of the Shares. The undersigned agrees not to cause any advertisement of the Shares to be published in any newspaper or
periodical or posted in any public place and not to issue any circular relating to the Shares.

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