Document:

EX-10.3

 Exhibit 10.3 

NON-COMPETITION AGREEMENT 

THIS NON-COMPETITION AGREEMENT (this “Agreement”) is made and entered into as of
March 12, 2017, between Intel Corporation, a Delaware corporation, and its subsidiaries, affiliates, successors, or assigns (collectively, the “Purchaser”), and Prof. Amnon Shashua (the “Equityholder”). 

RECITALS 

A.    The Purchaser and MobilEye N.V., a public limited liability company (naamloze vennootschap) organized under the Laws
of The Netherlands (the “Company”) are parties to that certain Purchase Agreement dated as of March 12, 2017 (the “Purchase Agreement”) pursuant to which the Company shall become a wholly-owned subsidiary of
the Purchaser; the transactions contemplated under the Purchase Agreement are hereinafter collectively referred to as the “Transaction”. 

B.    The parties acknowledge and agree that a material aspect of the Purchaser’s decision to enter into the Purchase
Agreement is the acquisition of the goodwill, know-how and continued service of its key employees for the purpose of carrying on the Business following the Closing, and that as a founder, equityholder and
director of the Company, the Equityholder has had access to the trade secrets and confidential information related to the Business (as defined below). 

C.    As of the date hereof, the Equityholder holds the number of ordinary shares of the Company and options covering
additional ordinary shares of the company, in the amounts and percentages of the Company as set forth on Schedule 1 attached hereto (collectively, the “Company Equity Interest”). 

D.    The Equityholder has been offered and has accepted continued employment with the Purchaser contingent upon the
Closing and is entering into an amendment to that certain employment agreement by and between the Equityholder and the Company dated as of March 12, 2017 (the “Amended Employment Agreement”), which Amended Employment Agreement
the Equityholder shall enter into with the Purchaser contemporaneously with the Purchase Agreement and which will be effective upon the Closing and is conditional upon certain terms, including the Closing and the signing of this Agreement. 

E.    In light of the foregoing, as a condition and material inducement for the Purchaser to enter into the Purchase
Agreement and consummate the Transaction, and to preserve the value and goodwill of the Business being acquired by the Purchaser pursuant thereto, the Purchase Agreement contemplates, among other things, that the Equityholder will enter into this
Agreement contemporaneously with execution of the Purchase Agreement and that this Agreement will become effective as of the Closing. 

F.    The parties acknowledge and agree that (i) the Purchaser has agreed in the context of the Purchase Agreement to
pay significant consideration to the shareholders of the Company, including a significant premium on the current value of the Company and the value of the Company’s shares, which will result in a direct and substantial benefit to the
Equityholder as a holder of shares or rights to shares of the Company, in consideration for the Equityholder’s 

 
agreement to enter into this Agreement, and in particular the undertakings, covenants and restrictions contained herein, (ii) the amount of consideration payable by the Purchaser to
Equityholder as a holder of shares or rights to shares of the Company has been calculated to include special and sufficient consideration for the covenants not to compete and solicit set forth in this Agreement below, and (iii) such covenants
are necessary to protect the Purchaser’s investment in the Company’s trade secrets and confidential and proprietary information, and the breach of the Equityholder’s undertakings, covenants and restrictions herein will result in
irreparable harm and considerable damages to the Purchaser and its affiliates, including, without limitation, with respect to the amount of the premium and consideration paid to the Equityholder in the context of the purchase of the Company Equity
Interest. 
 NOW, THEREFORE, in consideration of the foregoing premises, and the covenants, agreements, representations and warranties set
forth herein, the receipt and legal sufficiency of which are hereby acknowledged and accepted, and intending to be legally bound hereby, the parties hereto hereby agree as follows: 

1.    Effective Time. This Agreement shall be effective only upon the Closing. If the Closing does not occur, this
Agreement will be null and void and shall have no effect whatsoever. 
 2.    Defined Terms. All capitalized
terms that are used but not defined herein shall have the respective meanings ascribed thereto in the Purchase Agreement. For all purposes of and under this Agreement, the following capitalized terms shall have the following respective meanings:

 (a)    “Business” shall mean the research, development and commercialization of products, services
or technologies for vehicles, where such products, services or technologies relate to computer vision, machine vision or other sensor processing, machine learning, sensor fusion, artificial intelligence, HD mapping, localization and guidance for
such vehicles, including Advanced Driver Assistance Systems, autonomous vehicles, and software, data and hardware components for such products, services or technologies. 

(b)    “Restricted Period” shall mean the period beginning at and as of the Closing and ending on the
date that is 18-months following the Equityholder’s separation from employment with the Company; provided that Equityholder’s separation from employment with the Company occurs on or before the three
(3)-year anniversary of the Closing, which period is a reasonable approximation of the minimum length of time necessary for the Purchaser to complete the development of safe, autonomous vehicles and the technologies, systems and products related to
such vehicles. 
 (c)    “Restricted Territory” shall mean each and every country, province, state,
city, or other political subdivision of the world in which the Company is currently engaged in the Business or otherwise preparing, proposing or targeting to engage in the Business, and for the avoidance of doubt, shall include, without limitation,
the United States and Israel. 

  
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 3.    Covenant Not to Compete. 

(a)    The Equityholder acknowledges that during the course of the Equityholder’s relationship, service and employment
with the Company, the Equityholder has received and has been privy to intellectual property and confidential information, including trade secrets and know-how, related to the Business, and will continue to
receive and be privy to intellectual property and confidential information, including trade secrets and know-how, related to the Business as well as that of the Purchaser during the course of the
Equityholder’s employment with the Purchaser following the Transaction. The Equityholder further acknowledges that the Purchaser has a legitimate interest in ensuring that all such intellectual property and confidential information, including
trade secrets and know-how, remain confidential and are not disclosed to third parties. Thus, to avoid the actual or threatened misappropriation of such intellectual property and confidential information,
including trade secrets and know-how, and to preserve the value and goodwill of the business being acquired by the Purchaser pursuant to the Purchase Agreement, the Equityholder agrees that, at all times
during the Restricted Period, the Equityholder shall not, directly or indirectly: 
 (i)    engage or participate in
the research, development or commercialization of any technologies, products or services in or competitive to the Business (whether as an employee, agent, consultant, advisor, independent contractor, proprietor, principal, partner, stockholder,
trustee, officer, director or manager) or have an ownership or financial interest in any person or entity engaged in the Business, in each case, anywhere in the Restricted Territory; provided that this shall not preclude the Equityholder from
owning a stock interest not greater than 1% in a publicly traded company, so long as he has no active role in such company as an employee, agent, consultant, advisor, independent contractor, principal, trustee, officer, director, manager or
otherwise; or 
 (ii)    take any action with the objective of, or that would reasonably be expected to result in,
interfering with or negatively affect the Business of the Purchaser or solicit or attempt to solicit the business of any person or entity that is, or was within the 12 months prior to the solicitation, a customer or client of the Purchaser, for the
purpose of selling any products or services competitive with the Business. 
 The phrase “directly or indirectly” as used herein, includes, for
purposes of clarification, but is not limited to, (A) engaging in or participating in the Business, (B) having an ownership or financial interest in a person engaged in the Business through one or more intermediaries under circumstances
where the Equityholder provides advice or guidance on behalf of or for the benefit of such intermediary or intermediaries or any portfolio company of such intermediary or intermediaries, in either case, that engages in or participates in the
Business, (C) forming any entity in order to engage in or participate in the Business, and (D) contacting marketing, channel or technology partners of the Purchaser on behalf of any person engaged in the Business (for any of the purposes
set forth in (i) or (ii) above). 
 (b)    The covenants set forth in Section 3(a) hereof shall be construed
as a series of separate covenants, one for each country, province, state, city or other political subdivision of the world. Except for geographic coverage, each such separate covenant shall be deemed identical in terms to the covenants set forth in
Section 3(a) hereof. If, in any judicial 

  
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proceeding, a court refuses to enforce any of such separate covenants (or any part thereof), then such unenforceable covenant (or such part) shall be eliminated from this Agreement to the extent
necessary to permit the remaining separate covenants (or portions thereof) to be enforced. To the extent that the provisions of Section 3(a) hereof are deemed to exceed the time, geographic or scope limitations permitted by applicable law, then
such provisions shall be reformed to the maximum time, geographic or scope limitations, as the case may be, permitted by applicable laws. 

(c)    During the Restricted Period, the Equityholder agrees that it will not (i) make any Disparaging remarks,
comments or statements, whether written or oral, to any third party about the Purchaser, the Company or any of the Purchaser’s affiliates, including the business of the Company and other affiliates of the Purchaser as carried on by the
Purchaser and its affiliates following the Closing (“Disparaging” remarks, comments or statements are those that, directly or indirectly, impugn the quality, character, honesty, integrity or morality or business acumen or abilities
of products, services or individuals in connection with any aspect of the business activity, individual or entity being disparaged) or (ii) directly or indirectly, tortiously interfere with, or induce or attempt to induce the cessation of any
past, present or prospective relationship, contractual or otherwise, between the Company or any of the Purchaser’s other affiliates, including the business of the Company and the Purchaser as carried on by the Purchaser and its affiliates
following the Closing, on the one hand, and any of their respective customers, partners, suppliers, employees or shareholders, on the other hand. The Equityholder further represents and warrants that his employment by or association with the
Purchaser following the Closing will not violate any agreement between the Equityholder and any third parties. 

(d)    The Equityholder acknowledges that: 

(i)    the Equityholder is familiar with the foregoing covenant not to compete; (ii) the covenant set forth in
Section 3(a) hereof represents only a limited restraint and allows the Equityholder to pursue the Equityholder’s livelihood and occupation without unreasonable or unfair restrictions; and (iii) the Equityholder’s agreement as set
forth herein is necessary to preserve the value and goodwill of the Business for the Purchaser following the Closing of the Transaction and the intellectual property and confidential information, including trade secrets and know-how, of the Purchaser, including the intellectual property and confidential information, including trade secrets and know-how, related to the Business. The Equityholder
represents that the Equityholder is fully aware of the Equityholder’s obligations hereunder, and acknowledges that the limitations of length of time, geography and scope of activity agreed to in this Agreement are reasonable because, among
other things: (A) the Company and the Purchaser are engaged in a highly competitive industry, (B) the Equityholder has unique access to, and will continue to have access to, the intellectual property and confidential information,
including trade secrets and know-how, related to the Business, including the plans and strategies (and, in particular, the competitive strategies) of the Purchaser related to the Business, (C) in the
event the Equityholder’s employment with the Purchaser ended, the Equityholder would be able to obtain suitable and satisfactory employment without violation of this Agreement, and (D) this Agreement provides no more protection than is
necessary to preserve the legitimate interests of the Purchaser interests in the goodwill, intellectual property and confidential information including, trade secrets and know-how, related to the Business.

  
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 The Equityholder acknowledges that he will be subject to the Purchaser’s confidential
information and intellectual property protection policies, and agrees to comply with such policies. The Equityholder acknowledges that the Invention Assignment Agreement, Technology Transfer Agreement and Amendment No. 1 to the Technology
Transfer Agreement, each of which were entered into by and between the Equityholder and the Company, (collectively, the “Invention and Technology Agreements”) shall continue to govern. The Equityholder agrees that any breach by him
during the Restricted Period of his obligations under the Invention and Technology Agreements shall also be deemed a breach of this Agreement. 

Pursuant to 18 U.S.C. § 1833(b), the Equityholder will not be held criminally or civilly liable under any Federal or State trade secret
law for the disclosure of a trade secret of the Company or the Purchaser that (i) is made (A) in confidence to a Federal, State, or local government official, either directly or indirectly, or to his attorney and (B) solely for the
purpose of reporting or investigating a suspected violation of law; or (ii) is made in a complaint or other document that is filed under seal in a lawsuit or other proceeding. If the Equityholder files a lawsuit for retaliation by the Company
or the Purchaser for reporting a suspected violation of law, the Equityholder may disclose the trade secret to his attorney and use the trade secret information in the court proceeding, if he (x) files any document containing the trade secret
under seal, and (y) does not disclose the trade secret, except pursuant to court order. Nothing in this Agreement is intended to conflict with 18 U.S.C. § 1833(b) or create liability for disclosures of trade secrets that are expressly
allowed by such section. Further, nothing in any agreement the Equityholder has with the Company or the Purchaser shall prohibit or restrict him from making any voluntary disclosure of information or documents to any governmental agency or
legislative body, or any self-regulatory organization, in each case, without advance notice to the Company. 

(e)    For the avoidance of doubt, the Equityholder’s obligations under this Agreement are distinct from and
independent of any undertakings, obligations and duties that Equuityholder may have to the Company and/or the Purchaser by virtue of his employment or services he may provide to the Company and/or the Purchaser and such obligations shall remain in
effect if the Equityholder’s employment and/or other engagement with the Company and/or the Purchaser is terminated for any or no reason. 

4.    Covenant Not to Solicit. At all times during the Restricted Period, the Equityholder shall not, directly or
indirectly, solicit, encourage, attempt to solicit or encourage or take any other action which is intended to solicit, encourage or otherwise induce any employee or any other service provider of the Purchaser or any of its related entities to
(a) terminate employment or engagement with the Purchaser, or otherwise adversely affect such individual’s relationship with the Purchaser, or (b) engage in any action in which the Equityholder would, under the provisions of
Section 3 hereof, be prohibited from engaging. 
 5.    Notification of Future Employment or Engagement.
Prior to the commencement by the Equityholder of employment or engagement as a consultant, contractor or partner with any third party during the Restricted Period, or if the Equityholder interviews with a third party during the Restricted Period to
commence employment or perform services for such third party during the Restricted Period, the Equityholder shall promptly notify the Purchaser of such activity and furnish such new employer or service recipient with a copy of this Agreement. The
Equityholder understands and agrees that the Purchaser has the right to 

  
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provide any third party with a copy of this Agreement and/or an opinion about the interpretation and/or application of this Agreement; the Equityholder consents to such actions and
communications, and agrees not to assert a claim for interference or any other wrongdoing by the Purchaser as a result of such actions or communication. 
  

	 	6.	Miscellaneous. 

 (a)    Notices. Unless otherwise provided
herein, all notices and other communications hereunder shall be in writing and shall be deemed given if (i) delivered in person or sent via electronic mail, (ii) mailed by certified or registered mail (return receipt requested) (in which
case such notice shall be deemed given on the third (3rd) day after such mailing) or (iii) delivered by an express courier (with written confirmation of receipt) to the parties at the
following addresses (or at such other address for a party as shall be specified by like notice): 
  

			
	 If to the Purchaser to:
	 	Intel Corporation
		 	2200 Mission College Boulevard
		 	Santa Clara, CA 95054
		 	Attention: Steve Rodgers
		 	General Counsel
		 	Email: Steve.R.Rodgers@intel.com
		
	 If to the Equityholder to:
	 	Prof. Amnon Shashua
		 	c/o MobilEye Vision Technologies Ltd.
		 	13 Hartom St. Jerusalem
		 	Israel 9777513
		 	Email: Amnon.Shashua@mobileye.com

 (b)    Arbitration. Any dispute, controversy, or claim arising out of or
related to this Agreement (including, for the avoidance of doubt, any dispute regarding arbitrability or interpretation of this arbitration procedure) or any breach of this Agreement shall be submitted to and decided by binding arbitration.
Arbitration shall be administered in New Castle, County, Delaware by the International Centre for Dispute Resolution in accordance with its then-current International Dispute Resolution Procedures (available online at icdr.org), except as modified
herein, as well as any requirements imposed by the U.S. Federal Arbitration Act or Delaware law, as applicable. If, for any reason, the arbitration cannot or will not be administered in New Castle County, Delaware, the parties agree that the
arbitration shall be administered in London, England. The arbitration shall be conducted using, and any related documentation shall be transcribed in, the English language, unless the parties mutually agree in writing to have the arbitration
conducted or transcribed in another language. The arbitral tribunal shall have the power to grant any remedy or relief that it deems appropriate, and any such measures ordered by the arbitral tribunal may, to the extent permitted by applicable law,
be deemed to be a final and binding award on the subject matter of the measures and shall be enforceable as such. Judgment upon the award entered by the arbitral tribunal may be entered in any court of competent jurisdiction. Notwithstanding
the foregoing, any remedy or relief granted by the arbitral tribunal shall not preclude the parties’ right to seek injunctive and other provisional relief in a court of 

  
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competent jurisdiction. In the event that any such award (in whole or in part) or any provision of this Agreement becomes or is declared by an arbitrator or court of competent jurisdiction to be
illegal, unenforceable or void, any such award or provision may be modified or amended to render it enforceable to the maximum extent permissible under applicable law, and the remaining and enforceable parts of such award and/or provisions of this
Agreement shall continue in full force and effect. The parties agree to abide by the confidentiality rules and provisions of the International Dispute Resolution Procedures, and, for the avoidance of doubt, the existence and content of the arbitral
proceedings and any rulings or award shall be kept confidential except (i) to the extent that disclosure may be required of a party to fulfill a legal duty, protect or pursue a legal right, or enforce or challenge an award in bona fide legal
proceedings before a state court or other judicial authority, or (ii) with the written consent of both parties. 

(c)    Governing Law; Consent to Personal Jurisdiction. This Agreement shall be governed by and construed in
accordance with the laws of the State of Delaware, without regard to the conflicts of laws principles thereof. 

(d)    Remedies. The parties to this Agreement acknowledge and agree that remedies at law may be inadequate to
protect against breach of this Agreement, and therefore agree in advance to the granting of injunctive or equitable relief in the Company’s and/or the Purchaser’s favor in the event of continuing or threatened breach of this Agreement,
without proof of actual damages or obligation to post bond. 
 (e)    Severability. In the event that any portion
of this Agreement is held by a court of competent jurisdiction to conflict with any law or becomes or is otherwise held to be illegal, void or unenforceable, the remainder of this Agreement will continue in full force and effect and be construed as
if such portion had not been included in this Agreement. 
 (f)    No Assignment. Because the nature of the
Agreement is specific to the actions of the Equityholder, the Equityholder may not assign this Agreement. The Purchaser may assign this agreement without the consent of the Equityholder. This Agreement shall inure to the benefit of the Purchaser and
its successors and assigns. 
 (g)    Entire Agreement. This Agreement, which incorporates the recitals herein,
constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous discussions, agreements and understandings, written or oral, express or implied, between the parties with
respect to the subject matter hereof. Notwithstanding the foregoing, the obligations under this Agreement are in addition to, and do not replace, any applicable non-compete,
non-solicit, intellectual property and confidential information obligations of the Equityholder under any law or agreement, including the Amended Employment Agreement and the Invention and Technology
Agreements; provided, however, that in the event of any conflict or contradiction between the terms of the Employment Agreement and the Invention and Technology Agreements on one hand, and the terms of this Agreement on the other hand,
the terms of this Agreement shall prevail. 
 (h)    Waiver of Breach. No delay or omission by the Purchaser in
exercising any right under this Agreement shall operate as a waiver of that right or any other right under this Agreement. The waiver of a breach of any term or provision of this Agreement, which must be in writing, shall not operate as or be
construed to be a waiver of any other previous or subsequent breach of this Agreement. 

  
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 (i)    Counterparts. This Agreement may be executed in one or more
counterparts, all of which shall be considered one and the same agreement and shall become effective when one or more counterparts have been signed by each of the parties and delivered to the other party, it being understood that all parties need
not sign the same counterpart. 
 (j)    Amendments and Modification. This Agreement may not be modified,
amended, altered or supplemented except by the execution and delivery of a written agreement executed by the parties hereto. 

(k)    Interpretation. The words “include,” “includes” and
“including” when used herein shall be deemed in each case to be followed by the words “without limitation.”

(l)    Headings. The headings contained in this Agreement are for reference purposes only and shall not affect in
any way the meaning or interpretation of this Agreement. 
 (m)    Other Obligations. The Equityholder expressly
consents to be bound by the provisions of this Agreement for the benefit of the Purchaser and any subsidiary, affiliate, successor, or assign thereof without the necessity of the separate execution of this Agreement in favor of any such subsidiary,
affiliate, successor, or assign. 
 (n)    Independent Review and Advice. The Equityholder represents and
warrants that the Equityholder (i) has carefully read this Agreement, (ii) is able to read and understand English and the provisions of this Agreement, (iii) executes this Agreement with full knowledge of the contents of this
Agreement, the legal consequences thereof, and any and all rights which each party may have with respect to the matters set forth in this Agreement and with respect to the rights and asserted rights arising out of such matters, (iv) has been
advised to, and has had the opportunity to, consult with the Equityholder’s personal attorney prior to entering into this Agreement, and (v) is entering into this Agreement of the Equityholder’s own free will. The Equityholder
expressly agrees that he has no expectations or understandings contrary to the Agreement and no usage of trade or regular practice in the industry shall be used to modify this Agreement. The parties agree that this Agreement shall not be construed
for or against either party in any interpretation. 
 [Remainder of page intentionally left blank] 

  
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 IN WITNESS WHEREOF, each of the Parties has caused this Agreement to be duly executed on its
behalf as of the day and year first above written. 
  

			
	PURCHASER
	
	INTEL CORPORATION
		
	By:	 	 /s/ Brian Krzanich

		 	Brian Krzanich
		 	Chief Executive Officer

  

	
	EQUITYHOLDER
	
	 /s/ Amnon Shashua

	Amnon Shashua

  
  

 
 [SIGNATURE PAGE TO
NON-COMPETITION AGREEMENT] 

 Schedule 1 

Company Equity Interest 
 As of the date
hereof, the Equityholder holds 7,916,895 ordinary shares of the Company, representing 3.6% of the outstanding capital shares of the Company (on an as converted basis), and options covering an additional 12,325,000 ordinary shares of the Company,
representing when added together with the shares, 8% of the Company on a fully diluted, as converted basis.Exhibit 10.1

 

LOAN
AGREEMENT

 

THIS
LOAN AGREEMENT (the “Agreement”) is made and entered into as of the 9th day of March, 2017, by and between EZTD Inc.
(formerly known as Win Global Markets Inc.) a Delaware corporation (the “Company” or the “Borrower”),
and Compagnie Financiere St Exupery SICAV-SIF, a Luxembourg company (the “Lender”), (each of Borrower and Lender
shall also be referred to herein as a “Party”, and collectively, the “Parties”).

 

W I T N E S S E T H :

 

WHEREAS,
at the request of the Borrower, the Lender has agreed to make available to the Borrower, and the Borrower desires to receive
from the Lender, a loan in the aggregate principal amount of $2,800,000, subject to and in accordance with the terms and conditions
set forth in this Agreement;

 

WHEREAS,
at the request of the Lender, the Borrower has agreed that at any time the Loan (as hereinafter defined) remains outstanding,
no assets of the Borrower or any of its subsidiaries will be disposed of if not agreed to by the Lender;

 

WHEREAS,
at the request of the Lender, the Borrower has agreed that at any time the Loan remains outstanding the Borrower and its subsidiaries
shall not incur any new indebtedness other than as specified in Section 2.6 of this Agreement unless otherwise agreed by the Lender
and Finandrea S.P.A.;

 

WHEREAS,
the Parties wish to set forth and memorialize their mutual rights and obligations with respect to the Loan, as set forth herein.

 

NOW
THEREFORE, in consideration of the mutual promises and covenants contained herein, the Parties hereby agree as follows:

 

	1.	Definitions and Interpretation 

 

1.1.     
The preamble to this Agreement forms an integral and a binding part of this Agreement.

 

1.2.
    The titles and subtitles used in this Agreement are used for convenience only and are not to be considered in construing or interpreting
this Agreement. All references in this Agreement to sections, paragraphs and exhibits shall, unless otherwise provided, refer
to sections and paragraphs hereof and exhibits attached hereto.

 

1.3.
     In addition to the terms defined elsewhere in this Agreement, for all purposes of this Agreement the following terms shall have
the meanings given to them in this Section 1.3:

 

1.3.1    “Agreement”
means this Agreement, including all annexes, exhibits, appendices and schedules hereto as the same may hereafter be amended,
modified or supplemented from time to time.

 

1.3.2.   “Business
Day” means the day on which commercial banks in New York, NY are open to the public.

 

1.3.3.   “Default”
means an Event of Default or an event or circumstance which would be, with the expiration of the applicable grace period,
the giving of notice or the making of any determination
under the Transaction Documents or any combination of them, an Event of Default. A Default is “continuing”
if it has not been remedied or waived. An Event of Default is “remedied” only if: (i) the Borrower has notified the
Lender of the existence of the relevant Default; (ii) the Default is of a type that is reasonably capable of remedy; and (iii)
prior to the Lender notifying the Borrower that it has exercised or will exercise any of its rights or remedies under the Transaction
Documents (including but not limited to its right to accelerate the Loan Amount), the Lender confirms to the Borrower that the
Event of Default has been cured to the Lender’s reasonable satisfaction.

 

     

     

    

 

1.3.4.   “Event
of Default” means an event or circumstance specified as such in Section 6 (Default) herein provided that in each
case an Event of Default shall occur only after the expiration of any applicable cure period as set forth in Section 6 (Default)
(if any) and the Default is continuing.

 

1.3.5.   “Governmental
Authority” means any governmental, legislative, regulatory or administrative body, agency or authority, any court of
judicial authority, any arbitrator or any public, regulatory authority, whether international, national, state. municipal or local.

 

1.3.6    “Law”
means any statute, law, regulation, treaty, rule, official directive or guideline of any Governmental Authority, or any interpretation
of any of the foregoing by any Governmental Authority.

 

1.3.7.   “Transaction
Documents” means: (a) this Agreement; (b) and any other agreement or document executed pursuant to any of the above
or in connection with any of the foregoing which is designated in writing by the Lender and the Borrower as a “Transaction
Document”.

 

	2.	Loan Terms

 

2.1.      Grant of Loan 

 

2.1.1.   Subject
to the terms and conditions hereof and within one (I) Business Day following the date hereof (the “Closing”),
the Lender shall grant the Company a loan in the principal amount of $2,800,000 (two million and eight hundred thousand), (the
“Loan” or “Loan Amount”).

 

2.1.2.   The
Loan Amount shall be wired to the Borrower by bank wire transfer to a bank account the details of which shall be provided to
the Lender at the Closing.

 

2.2.
    Interest. The Loan Amount shall bear interest (“Interest”) at an annual rate of 3% (three percent) (calculated on
the basis of the actual number of days elapsed and a 360 (three hundred and sixty) day year).

 

2.3.
     Repayment. Subject to Section 2.4, the Company shall repay the Loan Amount including any accrued and unpaid Interest, in
one lump sum, 120 days from the Closing (the “Repayment Date”).

 

2.4.
     Alternate Payment Timing. As long as the Loan remains outstanding and unpaid and prior to the Repayment Date, in the event
the Company conducts an offering of a sale of the Company’s equity securities in which the Lender participates, the Lender may
request that the Company offset, prior to the Repayment Date, a portion of the Loan Amount equal to the dollar amount of which
the Lender has subscribed to such offering.

 

2.5.       Payments.
All payments to be made by the Company to the Lender in connection with the Loan, including any repayment, prepayment,
payment of Interest, fees and all other amounts required to be paid to the Lender under the Transaction Documents, together
with VAT (to the extent applicable), shall be made in U.S. dollars by bank transfer to an account designated in writing by
the Lender.

 

    	 	2	 

     

    

 

2.6.      Company
Covenants. Except for the loan in the amount of $700,000 payable in Euros received from Finandrea S.P.A. in
conjunction herewith, For so long as the Loan remains unpaid, the Company and its subsidiaries shall not, without the prior
consent of the Lender and Finandrea S.P.A.: (i) dispose of any material assets of the Company or any of its subsidiaries; or
(ii) incur any new indebtedness.

 

	3.	Representations and Warranties of the Company

 

3.1.      The Company is duly organized and validly existing under the laws of its jurisdiction of incorporation, and has the full power
and authority to consummate the transactions contemplated hereunder.

 

3.2.      The consummation of the transactions contemplated hereunder and the performance of this Agreement by the Company do not
violate the provisions of its corporate documents, or any applicable law, and will not result in any breach of; or constitute
a default under, any agreement or instrument to which it is a party or under which it is bound.

 

3.3.      The execution and performance of this Agreement by the Company have been duly authorized by all necessary actions, and this Agreement
has been duly executed and delivered by the Company. This Agreement is valid and binding upon the Company and enforceable in accordance
with its terms.

 

3.4.      This Agreement, when executed and delivered by or on behalf of the Company, will constitute the valid and legally binding obligations
of the Company, legally enforceable against the Company in accordance with their respective terms.

 

3.5.      Other than as explicitly set forth under this Section 3, the Company makes no other representations and warranties with respect
to any transaction contemplated herein.

 

3.6.      Other
than as set forth on Schedule 3.6 annexed hereto, (i) the Company has not disposed of any material assets and (ii) has no
outstanding financial debt, which, for the avoidance of doubt, is intended to include any and all liabilities for borrowed
money or amounts owed by the Company, other than in the ordinary course of business, except as described in the Company’s
Quarterly Report on Form 10-Q for the period ended September 30, 2016 filed with the Securities and Exchange Commission on
November 17, 2017.

 

	4.	Representations and Warranties of the Lender 

 

4.1.      The
Lender is duly organized and validly existing under the laws of its jurisdiction of incorporation, and has the full power and
authority to consummate the transactions contemplated hereunder.

 

4.2.      The consummation of the transactions contemplated hereunder and the performance of this Agreement by the Lender do not violate
the provisions of its corporate documents, or any applicable law, and will not result in any breach of, or constitute a default
under, any agreement or instrument to which it is a party or under which it is bound.

 

4.3.      The execution, delivery and performance of this Agreement by the Lender have been duly authorized by all necessary actions, and
this Agreement has been duly executed and delivered by the Lender. This Agreement is valid and binding upon such Lender and enforceable
in accordance with its terms.

 

    	 	3	 

     

    

 

4.4.      Such Lender, either alone or together with its representatives, has such knowledge, sophistication and experience in business
and financial matters so as to be capable of evaluating the merits and risks of extending the prospective Loan to the Borrower,
and has so evaluated the merits and risks. Such Lender is able to bear the economic risk of the Loan, at the present time, is
able to afford a complete loss of the Loan Amount. Such Lender acknowledges that as of the date hereof, the Company has very limited
financial resources, and thus extension of the Loan to the Company is subject to significant risk.

 

4.5.      Such Lender acknowledges that it has had the opportunity to review the Transaction Documents and has been afforded (i) the opportunity
to ask such questions as it has deemed necessary of, and to receive answers from, representatives of the Company concerning the
terms and conditions of the transaction contemplated hereunder; (ii) access to information about the Company and its financial
condition, results of operations, business, properties, management and prospects sufficient to enable it to evaluate its investment;
and (iii) the opportunity to obtain such additional information that the Company possesses or can acquire without unreasonable
effort or expense that is necessary to make an informed investment decision with respect to the investment. Such Lender acknowledges
and agrees that neither the Company nor any affiliate of the Company has provided such Lender with any information or advice with
respect to the Securities nor is such information or advice necessary or desired.

 

	5.	Default

 

Each
of the events or circumstances set out in the following paragraphs under this Section 5 is an Event of Default (whether or not
caused by any reason outside the control of the Borrower or of any other person):

 

5.1.      Non-Payment. The Company fails to pay on the Repayment Date any amount due and payable pursuant to the Transaction Document,
unless payment is made as soon as practicable and in any event within fourteen (14) Business Days of the applicable due date;

 

5.2.      Invalidity. Any of the Transaction Documents shall cease to be in full force and effect in any respect or shall not, or
shall cease to, constitute the legal, valid, binding and enforceable obligations of the Company, as applicable, or might become
unlawful or the exercise or enforcement of any rights and remedies of the Lender under the Transaction Documents becomes subject
to material legal impediments. Any default under this Section 6.2 may be cured within seven (7) Business Days (without prejudice
to any other Event of Default pursuant hereto).

 

5.3.      Bankruptcy. The Borrower shall make an assignment for the benefit of creditors, or file with a court of competent jurisdiction
an application for appointment of a receiver, or similar official with respect to it or any substantial part of its assets, or
there shall be filed against the Borrower by any third party any such application or petition, which application or petition is
not dismissed or withdrawn within thirty (30) Business Days from the date of filing thereof.

 

5.4.      Merger without assumption. The Borrower consolidates or merges with or into, or transfers all or substantially all its
assets to, or reorganizes, reincorporates or reconstitutes into or as, another entity and, at the time of such consolidation,
amalgamation, merger, transfer, reorganization, reincorporation or reconstitution the resulting, surviving or transferee entity
fails to assume all the obligations and undertakings of such party under this Agreement.

 

    	 	4	 

     

    

 

Upon
the occurrence of an Event of Default and at any time, the Lender may, by written notice to the Borrower, declare that an Event
of Default has occurred and/or that all or part of the outstanding Loan Amount is immediately due and payable, whereupon it shall
become immediately due and payable, together with all interest accrued thereon and all other amounts payable under the Transaction
Documents (including Interest and fees, to the extent applicable). For avoidance of doubt, nothing in this Section shall operate
or be construed so as to prejudice or derogate from any other rights, remedies and relief available to the Lender under this Agreement,
the other Transaction Documents or by law.

 

	6.	General
    and Miscellaneous.

 

6.1.      Confidentiality. The terms and conditions of this Agreement and the other Transaction Documents shall be treated by the
Parties as confidential information and shall not be disclosed to any person or entity except as required by applicable law, including
the United States securities law, to its auditors and other advisors (subject to confidentiality in accordance with the principles
set out herein), or in connection with any assignment or transfer permitted hereunder.

 

6.2.      Assignment. Neither Party may assign their rights and/or obligation hereunder, or any of them, without the prior written
approval of the other Party.

 

6.3.      Successors
and Assigns. Without prejudice to the provisions of Section 6.2 (Assignment), this Agreement shall inure to the
benefit of, and be binding upon, the heirs, executors, administrators, successors and assigns of the parties
hereto.

 

6.4.      Notices. Any notice or other communication required to be given by one party hereto to another under this Agreement shall
be in writing and shall be deemed to have been served: (i) if personally delivered, when actually delivered; or (ii) if sent by
facsimile or e-mail, the next Business Day after receipt of confirmation of transmission; or (iii) three (3) Business Days after
being mailed by certified or registered mail, postage prepaid (for the purposes of proving such service, it being sufficient to
prove that such notice was properly addressed and posted) to the respective addresses of the parties set out herein:

 

if
to the Company:

 

Address:
1013 Centre Road, Suite 403-B in the City of Wilmington, County of New Castle, State of Delaware, 19805

 

Attention:
Gustavo Perrotta

Chairman of EZTD Inc. c/o

VCorp Services, LLC

 

if
to the Lender:

 

Address:
42 Rue de la Vallee, L-2661 Luxembourg

Attention:
Katia Roti

 

    	 	5	 

     

    

 

or
at such other address, fax or email as any party shall have furnished to the other in writing in accordance with this Section.

 

6.5.      Entire Agreement. This Agreement constitutes the entire agreement and understanding between the Parties with respect to
the subject matter hereof, and supersedes any and all prior agreements, understandings, promises and representation, whether written
or oral, between the Parties with respect to the subject matter hereof.

 

6.6.      Costs. Each Party shall bear its own costs incurred in connection with the execution and consummation of this Agreement
and the transaction contemplated hereunder.

 

6.7.      Amendments. This Agreement may not be amended, modified, released, or discharged in any manner except by an instrument
in writing, referring to this Agreement, and signed by all Parties.

 

6.5.      Severability. If, and solely to the extent that, any provision of this Agreement shall for any reason be held to be excessively
broad, the term shall be construed in a manner to enable it to be enforced to the extent compatible with applicable law. If, and
solely to the extent that, any provision of this Agreement shall be invalid or unenforceable, or shall render this entire Agreement
to be unenforceable or invalid, such offending provision shall be of no effect and shall not affect the validity of the remainder
of this Agreement; provided, however, the Parties shall use their respective reasonable efforts to renegotiate the offending provisions
to best accomplish the original intentions of the Parties.

 

6.6.      Choice of Law and Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of the Grand
Duchy of Luxembourg. Each party agrees that all legal proceedings concerning the interpretations, enforcement and defense of the
transactions contemplated by this Agreement and any other transaction documents (whether brought against a party hereto or its
respective affiliates, directors, officers, shareholders, employees or agents) shall be commenced exclusively in the competent
courts in the Grand Duchy of Luxembourg• Each party hereby irrevocably submits to the exclusive jurisdiction of the courts
of the Grand Duchy of Luxembourg for the adjudication of any dispute hereunder or in connection herewith or with any transaction
contemplated hereby or discussed herein (including with respect to the enforcement of any of the transaction documents), and hereby
irrevocably waives, and agrees not to assert in any suit, action or proceeding, any claim that it is not personally subject to
the jurisdiction of any such court, that such suit, action or proceeding is improper or is an inconvenient venue for such proceeding.

 

6.7.      Waiver. No waiver of any right under this Agreement shall be deemed effective unless contained in writing and signed by
the Party charged with such waiver, and no waiver of any right shall be deemed to be a waiver of any future right or any other
right arising under this Agreement.

 

6.8.      Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original but
all of which together shall constitute one and the same instrument.

 

 

[signature
page follows]

 

    	 	6	 

     

    

 

IN
WITNESS WHEREOF the parties hereto have signed this Loan Agreement as of the date first hereinabove set forth.

 

Brorrower:

 

EZTD, INC.

 

	By:	/s/ Shimon Citron	 
	Name:	Shimon Citron	 
	Title:	CEO	 
	 	 	 
	Lender:	 
	 	 
	Compagnie Financiere St Exupery SICAV-SIF	 
	 	 	 
	By:	 	 
	Name:	Vincent Cormeau / Bertrand Michaud	 
	Title:	Directors	 

 

     

     

    

 

Schedule
3.6

Indebtedness

 

	Lender	 	Loan Principal	 
	 	 	 	 
	YAII PN, Ltd. an affiliate of Yorkville Advisors Global, LLC	 	$	500,000	 
	Compagnie Financiere St. Exupery SICAV-SIF	 	$	1,000,000	 
	Finandrea S.P.A.	 	$	700,000

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