Document:

Unassociated Document

    REGISTRATION
      RIGHTS AGREEMENT

    

    THIS
      REGISTRATION RIGHTS AGREEMENT (this “AGREEMENT”) is entered into as of the
      ____ day of __________, 2006, by and among Advanced Technology Acquisition
      Corp., a Delaware corporation (the “COMPANY”) and the undersigned parties
      listed under Investor on the signature page hereto (each, an “INVESTOR” and
      collectively, the “INVESTORS”).

     

    WHEREAS,
      the Investors currently hold all of the issued and outstanding securities of
      the
      Company;

     

    WHEREAS,
      the Investors and the Company desire to enter into this Agreement to provide
      the
      Investors with certain rights relating to the registration of shares of Common
      Stock held by them;

     

    NOW,
      THEREFORE, in consideration of the mutual covenants and agreements set forth
      herein, and for other good and valuable consideration, the receipt and
      sufficiency of which are hereby acknowledged, the parties hereto agree as
      follows:

     

    1. DEFINITIONS.
      The following capitalized terms used herein have the following
      meanings:

    

    “AGREEMENT”
      means this Agreement, as amended, restated, supplemented or otherwise modified
      from time to time.

     

    “COMMISSION”
      means the Securities and Exchange Commission, or any other federal agency then
      administering the Securities Act or the Exchange Act.

     

    “COMMON
      STOCK” means the common stock, par value $0.0001 per share, of the
      Company.

     

    “COMPANY”
      is defined in the preamble to this Agreement.

      

    “COMPANY
      REGISTRATION” is defined in Section 2.2.1.

    

    “DEMAND
      REGISTRATION” is defined in Section 2.1.1.

     

    “DEMANDING
      HOLDER” is defined in Section 2.1.1.

     

    “EXCHANGE
      ACT” means the Securities Exchange Act of 1934, as amended, and the rules and
      regulations of the Commission promulgated thereunder, all as the same shall
      be
      in effect at the time.

     

    “FORM
      S-3” is defined in Section 2.4.

    

    “FOUNDER
      WARRANTS” means the warrants, each representing the right to purchase one share
      of Common Stock, being sold privately to FSGL Holdings Ltd, M.O.T.A. Holdings
      Ltd., OLEV Holdings Ltd, Shrem, Fudim, Kelner & Co. Ltd., Shrem, Fudim,
      Kelner - Technologies Ltd. and Elisha Yanay simultaneously with the consummation
      of the Company’s initial public offering.

    

    “INDEMNIFIED
      PARTY” is defined in Section 4.3.

     

    “INDEMNIFYING
      PARTY” is defined in Section 4.3.

      

    “INVESTOR”
      is defined in the preamble to this Agreement.

     

    “INVESTOR
      INDEMNIFIED PARTY” is defined in Section 4.1.

     

    
      
        
        

      

      
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    “MAXIMUM
      NUMBER OF SHARES” is defined in Section 2.1.4.

     

    “NOTICES”
      is defined in Section 6.3.

     

    “PIGGY-BACK
      REGISTRATION” is defined in Section 2.2.1.

     

    “REGISTER,”
      “REGISTERED” and “REGISTRATION” mean a registration effected by preparing and
      filing a registration statement or similar document in compliance with the
      requirements of the Securities Act, and the applicable rules and regulations
      promulgated thereunder, and such registration statement becoming
      effective.

     

    “REGISTRABLE
      SECURITIES” mean all of the shares of Common Stock owned or held by Investors,
      including the shares of Common Stock underlying the Founder Warrants.
      Registrable Securities include any warrants, shares of capital stock or other
      securities of the Company issued as a dividend or other distribution with
      respect to or in exchange for or in replacement of such shares of Common Stock.
      As to any particular Registrable Securities, such securities shall cease to
      be
      Registrable Securities when: (a) a Registration Statement with respect to
      the sale of such securities shall have become effective under the Securities
      Act
      and such securities shall have been sold, transferred, disposed of or exchanged
      in accordance with such Registration Statement; (b) such securities shall
      have been otherwise transferred, new certificates for them not bearing a legend
      restricting further transfer shall have been delivered by the Company and
      subsequent public distribution of them shall not require registration under
      the
      Securities Act; (c) such securities shall have ceased to be outstanding, or
      (d) such securities shall be eligible for sale pursuant to Rule 144(k)
      under the Securities Act or any successor rule which permits resale of such
      securities without restriction.

     

    “REGISTRATION
      STATEMENT” means a registration statement filed by the Company with the
      Commission in compliance with the Securities Act and the rules and regulations
      promulgated thereunder for a public offering and sale of Common Stock (other
      than a registration statement on Form S-4 or Form S-8, or their successors,
      or
      any registration statement covering only securities proposed to be issued in
      exchange for securities or assets of another entity).

     

    “RELEASE
      DATE” means the date on which shares of Common Stock are disbursed from escrow
      pursuant to Section 3 of that certain Stock Escrow Agreement dated as of
      _________ __, 2006 by and among the parties hereto and Continental Stock
      Transfer & Trust Company.

     

    “SECURITIES
      ACT” means the Securities Act of 1933, as amended, and the rules and regulations
      of the Commission promulgated thereunder, all as the same shall be in effect
      at
      the time.

     

    “UNDERWRITER”
      means a securities dealer who purchases any Registrable Securities as principal
      in an underwritten offering and not as part of such dealer’s market-making
      activities.

    

     2. REGISTRATION
      RIGHTS.

    

    2.1. Demand
      Registration.

    

    2.1.1. Request
      for Registration. At any time and from time to time on or after the date that
      is
      three months prior to the Release Date, the holders of (A) a
      majority-in-interest of the Registrable Securities held by the Investors or
      the
      transferees of the Investors, may make two written demands for registration
      under the Securities Act of all or part of their Registrable Securities and
      (B)
      the Registrable Securities held by Shrem, Fudim, Kelner & Co. Ltd. and
      Shrem, Fudim, Kelner - Technologies Ltd., acting together, may make one written
      demand for registration under the Securities Act of all or part of their
      Registrable Securities (each, a “DEMAND REGISTRATION”). Any demand for a Demand
      Registration shall specify the number of shares of Registrable Securities
      proposed to be sold and the intended method(s) of distribution thereof. The
      Company will notify all holders of Registrable Securities of the demand, and
      each holder of Registrable Securities who wishes to include all or a portion
      of
      such holder’s Registrable Securities in the Demand Registration (each such
      holder including shares of Registrable Securities in such registration, a
“DEMANDING HOLDER”) shall so notify the Company within fifteen
      (15) days after the receipt by the holder of the notice from the Company.
      Upon any such request, the Demanding Holders shall be entitled to have their
      Registrable Securities included in the Demand Registration, subject to Section
      2.1.4 and the provisos set forth in Section 3.1.1. It is understood that if
      two
      or more Demanding Holders make a collective Demand Registration, such Demand
      Registration will count pursuant to this Section 2.1.1 as a Demand Registration
      for each such Demanding Holder. The Company shall not be obligated to effect
      more than an aggregate of three (3) Demand Registrations under this Section
      2.1.1 in respect of Registrable Securities. Furthermore, the Company shall
      not
      be obligated (A) to effect more than one Demand Registration in any six-month
      period or (B) to honor a request for a Demand Registration within a
      six-month period following the completion of a Company Registration pursuant
      to
      Section 2.2.1 in which one or more Demanding Holders sold Registrable Securities
      pursuant to a Piggy-Back Registration.

     

    
      
        
        

      

      
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    2.1.2. Effective
      Registration. A registration will not count as a Demand Registration until
      the
      Registration Statement filed with the Commission with respect to such Demand
      Registration has been declared effective and the Company has complied with
      all
      of its obligations under this Agreement with respect thereto; provided, however,
      that if, after such Registration Statement has been declared effective, the
      offering of Registrable Securities pursuant to a Demand Registration is
      interfered with by any stop order or injunction of the Commission or any other
      governmental agency or court, the Registration Statement with respect to such
      Demand Registration will be deemed not to have been declared effective, unless
      and until, (i) such stop order or injunction is removed, rescinded or
      otherwise terminated, and (ii) a majority-in-interest of the Demanding
      Holders thereafter elect to continue the offering; provided, further, that
      the
      Company shall not be obligated to file a second Registration Statement until
      a
      Registration Statement that has been filed is counted as a Demand Registration
      or is terminated.

    

    2.1.3. Underwritten
      Offering. If a majority-in-interest of the Demanding Holders so elect and such
      holders so advise the Company as part of their written demand for a Demand
      Registration, the offering of such Registrable Securities pursuant to such
      Demand Registration shall be in the form of an underwritten offering. In such
      event, the right of any holder to include its Registrable Securities in such
      registration shall be conditioned upon such holder’s participation in such
      underwriting and the inclusion of such holder’s Registrable Securities in the
      underwriting to the extent provided herein. All Demanding Holders proposing
      to
      distribute their securities through such underwriting shall enter into an
      underwriting agreement in customary form with the Underwriter or Underwriters
      selected for such underwriting by a majority-in-interest of the holders
      initiating the Demand Registration.

     

    2.1.4. Reduction
      of Offering. If the managing Underwriter or Underwriters for a Demand
      Registration that is to be an underwritten offering advises the Company and
      the
      Demanding Holders in writing that the dollar amount or number of shares of
      Registrable Securities which the Demanding Holders desire to sell, taken
      together with all other shares of Common Stock or other securities which the
      Company desires to sell and the shares of Common Stock, if any, as to which
      registration has been requested pursuant to written contractual piggy-back
      registration rights held by other stockholders of the Company who desire to
      sell, exceeds the maximum dollar amount or maximum number of shares that the
      Underwriters determine, in their sole discretion, can be sold in such offering
      without adversely affecting the proposed offering price, the timing, the
      distribution method, or the probability of success of such offering (such
      maximum dollar amount or maximum number of shares, as applicable, the
“Maximum
      Number of Shares”),
      then
      the Company shall include in such registration: (i) first, the Registrable
      Securities as to which Demand Registration has been requested by the Demanding
      Holders (pro rata in accordance with the number of shares that each such person
      has requested be included in such registration, regardless of the number of
      shares held by each such person (such proportion is referred to herein as
      "Pro
      Rata"))
      that
      can be sold without exceeding the Maximum Number of Shares; (ii) second, to
      the
      extent that the Maximum Number of Shares has not been reached under the
      foregoing clause (i), the shares of Common Stock or other securities that the
      Company desires to sell for its own account that can be sold without exceeding
      the Maximum Number of Shares; (iii) third, to the extent that the Maximum Number
      of Shares has not been reached under the foregoing clauses (i) and (ii), the
      shares of Common Stock or other securities that are registrable pursuant to
      the
      terms of the Unit Purchase Option issued to CRT Capital Group LLC or its
      designees in connection with the Company’s initial public offering (the
“Unit
      Purchase Option”
and
      such registrable securities, the “Option
      Securities”)
      as to
      which “piggy back” registration has been requested by the holders thereof, Pro
      Rata, that can be sold without exceeding the Maximum Number of Shares; and
      (iv)
      fourth, to the extent that the Maximum Number of Shares has not been reached
      under the foregoing clauses (i), (ii) and (iii), the shares of Common Stock
      or
      other securities for the account of other persons that the Company is obligated
      to register pursuant to written contractual arrangements with such persons
      and
      that can be sold without exceeding the Maximum Number of Shares. For the
      avoidance of doubt, in the event a Demand Registration is requested pursuant
      to
      this agreement and a demand registration is requested pursuant to that certain
      Unit Purchase Option to be issued to CRT Capital Group LLC or its designees
      in
      connection with the Company’s initial public offering (the “Underwriter’s Unit
      Purchase Option”), whichever demand registration is received by the Company
      first shall have priority for inclusion in the registration statement filed
      to
      register such Registrable Securities; provided,
      however,
      that if
      a Demand Registration is requested pursuant to this agreement and a demand
      registration is requested pursuant to the Underwriter’s Unit Purchase Option and
      such demand registrations are received by the Company on the same date, then
      those two demand registrations will be handled pro
      rata
      in
      accordance with the number of shares of Registrable Securities which such
      demanding holders have requested by included in such registration.

     

    
      
        
        

      

      
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    2.1.5. Withdrawal.
      If a majority-in-interest of the Demanding Holders disapprove of the terms
      of
      any underwriting or are not entitled to include all of their Registrable
      Securities in any offering, such majority-in-interest of the Demanding Holders
      may elect to withdraw from such offering by giving written notice to the Company
      and the Underwriter or Underwriters of their request to withdraw prior to the
      effectiveness of the Registration Statement filed with the Commission with
      respect to such Demand Registration. If the majority-in-interest of the
      Demanding Holders withdraws from a proposed offering relating to a Demand
      Registration, then such registration shall not count as a Demand Registration
      provided for in Section 2.1.

     

     2.2 Piggy-Back
      Registration.

    

    2.2.1. Piggy-Back
      Rights. If, at any time on or after the Release Date, the Company proposes
      to
      file a Registration Statement under the Securities Act (a “COMPANY
      REGISTRATION”) with respect to an offering of equity securities, or securities
      or other obligations exercisable or exchangeable for, or convertible into,
      equity securities, by the Company for its own account or for stockholders of
      the
      Company for their account (or by the Company and by stockholders of the Company
      including, without limitation, pursuant to Section 2.1), other than a
      Registration Statement (i) filed in connection with any employee stock
      option or other benefit plan, (ii) for an exchange offer or offering of
      securities solely to the Company’s existing stockholders, (iii) for an
      offering of debt that is convertible into equity securities of the Company
      or
      (iv) for a dividend reinvestment plan, then the Company shall (x) give
      written notice of such proposed filing to the holders of Registrable Securities
      as soon as practicable but in no event less than ten (10) days before the
      anticipated filing date, which notice shall describe the amount and type of
      securities to be included in such offering, the intended method(s) of
      distribution, and the name of the proposed managing Underwriter or Underwriters,
      if any, of the offering, and (y) offer to the holders of Registrable
      Securities in such notice the opportunity to register the sale of such number
      of
      shares of Registrable Securities as such holders may request in writing within
      five (5) days following receipt of such notice (a “PIGGY-BACK
      REGISTRATION”). The Company shall cause such Registrable Securities to be
      included in such registration and shall use its best efforts to cause the
      managing Underwriter or Underwriters of a proposed underwritten offering to
      permit the Registrable Securities requested to be included in a Piggy-Back
      Registration on the same terms and conditions as any similar securities of
      the
      Company and to permit the sale or other disposition of such Registrable
      Securities in accordance with the intended method(s) of distribution
      thereof. All holders of Registrable Securities proposing to distribute their
      securities through a Piggy-Back Registration that involves an Underwriter or
      Underwriters shall enter into an underwriting agreement in customary form with
      the Underwriter or Underwriters selected for such Piggy-Back
      Registration.

    

    2.2.2. Withdrawal.
      Any holder of Registrable Securities may elect to withdraw such holder’s request
      for inclusion of Registrable Securities in any Piggy-Back Registration by giving
      written notice to the Company of such request to withdraw prior to the
      effectiveness of the Registration Statement. The Company (whether on its own
      determination or as the result of a withdrawal by persons making a demand
      pursuant to written contractual obligations) may withdraw a Piggy-Back
      Registration at any time prior to the effectiveness of the Registration
      Statement. Notwithstanding any such withdrawal, the Company shall pay all
      expenses incurred by the holders of Registrable Securities in connection with
      such Piggy-Back Registration as provided in Section 3.3. 

     

    
      
        
        

      

      
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    2.3 Reduction
      of Offering. If the managing Underwriter or Underwriters that is to be an
      underwritten offering advises the Company and the holders of Registrable
      Securities in writing that the dollar amount or number of shares of Common
      Stock
      which the Company desires to sell, taken together with shares of Common Stock,
      if any, as to which registration has been demanded pursuant to written
      contractual arrangements with persons other than the holders of Registrable
      Securities hereunder, the Registrable Securities as to which registration has
      been requested under Section 2.2, and the shares of Common Stock, if any, as
      to
      which registration has been requested pursuant to the written contractual
      piggy-back registration rights of other stockholders of the Company, exceeds
      the
      Maximum Number of Shares, then the Company shall include in any such
      registration:

     

    a)
      If the
      registration is undertaken for the Company’s account: (A) first, the shares
      of Common Stock or other securities that the Company desires to sell that can
      be
      sold without exceeding the Maximum Number of Shares; (B) second, to the
      extent that the Maximum Number of Shares has not been reached under the
      foregoing clause (A), the shares of Common Stock or other securities, if any,
      comprised of Registrable Securities and Option Securities, as to which
      registration has been requested pursuant to the applicable written contractual
      piggy-back registration rights of such security holders, Pro Rata, that can
      be
      sold without exceeding the Maximum Number of Shares; and (C) third, to the
      extent that the Maximum Number of shares has not been reached under the
      foregoing clauses (A) and (B), the shares of Common Stock or other
      securities for the account of other persons that the Company is obligated to
      register pursuant to written contractual piggy-back registration rights with
      such persons and that can be sold without exceeding the Maximum Number of
      Shares;

    

    b)
      If the
      registration is a “demand” registration undertaken at the demand of holders of
      Option Securities, (A) first, the shares of Common Stock or other
      securities for the account of the demanding persons, Pro Rata, that can be
      sold
      without exceeding the Maximum Number of Shares; (B) second, to the extent
      that the Maximum Number of Shares has not been reached under the foregoing
      clause (A), the shares of Common Stock or other securities that the Company
      desires to sell that can be sold without exceeding the Maximum Number of Shares;
      (C) third, to the extent that the Maximum Number of Shares has not been
      reached under the foregoing clauses (A) and (B), the shares of Registrable
      Securities, Pro Rata, as to which registration has been requested pursuant
      to
      the terms hereof, that can be sold without exceeding the Maximum Number of
      Shares; and (D) fourth, to the extent that the Maximum Number of Shares has
      not been reached under the foregoing clauses (A), (B) and (C), the shares
      of Common Stock or other securities for the account of other persons that the
      Company is obligated to register pursuant to written contractual arrangements
      with such persons, that can be sold without exceeding the Maximum Number of
      Shares; and

     

    c)
      If the
      registration is a “demand” registration undertaken at the demand of persons
      other than either the holders of Registrable Securities or of Option Securities,
      (A) first, the shares of Common Stock or other securities for the account
      of the demanding persons that can be sold without exceeding the Maximum Number
      of Shares; (B) second, to the extent that the Maximum Number of Shares has
      not been reached under the foregoing clause (A), the shares of Common Stock
      or
      other securities that the Company desires to sell that can be sold without
      exceeding the Maximum Number of Shares; (C) third, to the extent that the
      Maximum Number of Shares has not been reached under the foregoing clauses
      (A) and (B), collectively the shares of Common Stock or other securities
      comprised of Registrable Securities and Option Securities, Pro Rata, as to
      which
      registration has been requested pursuant to the terms hereof and of the Unit
      Purchase Option, as applicable, that can be sold without exceeding the Maximum
      Number of Shares; and (D) fourth, to the extent that the Maximum Number of
      Shares has not been reached under the foregoing clauses (A), (B) and (C),
      the shares of Common Stock or other securities for the account of other persons
      that the Company is obligated to register pursuant to written contractual
      arrangements with such persons, that can be sold without exceeding the Maximum
      Number of Shares.

    

    2.4 Registrations
      on Form S-3. The holders of Registrable Securities may at any time and from
      time
      to time, request in writing that the Company register the resale of any or
      all
      of such Registrable Securities on Form S-3 or any similar short-form
      registration which may be available at such time (“FORM S-3”); provided,
      however, that the Company shall not be obligated to effect such request through
      an underwritten offering. Upon receipt of such written request, the Company
      will
      promptly give written notice of the proposed registration to all other holders
      of Registrable Securities, and, as soon as practicable thereafter, effect the
      registration of all or such portion of such holder’s or holders’ Registrable
      Securities as are specified in such request, together with all or such portion
      of the Registrable Securities or other securities of the Company, if any, of
      any
      other holder or holders joining in such request as are specified in a written
      request given within fifteen (15) days after receipt of such written notice
      from the Company; provided, however, that the Company shall not be obligated
      to
      effect any such registration pursuant to this Section 2.4: (i) if Form S-3
      is not available for such offering; or (ii) if the holders of the
      Registrable Securities, together with the holders of any other securities of
      the
      Company entitled to inclusion in such registration, propose to sell Registrable
      Securities and such other securities (if any) at any aggregate price to the
      public of less than $1,000,000 (net of any underwriter's discounts or
      commissions). Registrations effected pursuant to this Section 2.4 shall not
      be
      counted as Demand Registrations effected pursuant to Section 2.1.

    

    
      
        
        

      

      
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     3. REGISTRATION
      PROCEDURES.

    

    3.1 Filings;
      Information. Whenever the Company is required to effect the registration of
      any
      Registrable Securities pursuant to Section 2, the Company shall use its best
      efforts to effect the registration and (where applicable) sale of such
      Registrable Securities in accordance with the intended method(s) of
      distribution thereof as expeditiously as practicable, and in connection with
      any
      such request:

     

    3.1.1. Filing
      Registration Statement. The Company shall, as expeditiously as possible and
      in
      any event within sixty (60) days after receipt of a request for a Demand
      Registration pursuant to Section 2.1, prepare and file with the Commission
      a
      Registration Statement on any form for which the Company then qualifies or
      which
      counsel for the Company shall deem appropriate and which form shall be available
      for the sale of all Registrable Securities to be registered thereunder in
      accordance with the intended method(s) of distribution thereof, and shall
      use its best efforts to cause such Registration Statement to become and remain
      effective for the period required by Section 3.1.3; provided, however, that
      the
      Company shall have the right to defer any Demand Registration for up to ninety
      (90) days, and any Piggy-Back Registration for such period as may be
      applicable to deferment of any demand registration to which such Piggy-Back
      Registration relates, in each case if the Company shall furnish to the holders
      a
      certificate signed by the Chief Executive Officer or the Chief Financial Officer
      of the Company stating that, in the good faith judgment of the Board of
      Directors of the Company, it would be materially detrimental to the Company
      and
      its stockholders for such Registration Statement to be effected at such time;
      provided further, however, that the Company shall not have the right to exercise
      the right set forth in the immediately preceding proviso more than once in
      any
      365-day period in respect of a Demand Registration hereunder.

    

    3.1.2. Copies.
      The Company shall, prior to filing a Registration Statement or prospectus,
      or
      any amendment or supplement thereto, furnish without charge to the holders
      of
      Registrable Securities included in such registration, and such holders’ legal
      counsel, copies of such Registration Statement as proposed to be filed, each
      amendment and supplement to such Registration Statement (in each case including
      all exhibits thereto and documents incorporated by reference therein), the
      prospectus included in such Registration Statement (including each preliminary
      prospectus), and such other documents as the holders of Registrable Securities
      included in such registration or legal counsel for any such holders may request
      in order to facilitate the disposition of the Registrable Securities owned
      by
      such holders.

     

    3.1.3. Amendments
      and Supplements. The Company shall 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 and in compliance with
      the provisions of the Securities Act until all Registrable Securities and other
      securities covered by such Registration Statement have been disposed of in
      accordance with the intended method(s) of distribution set forth in such
      Registration Statement (which period shall not exceed the sum of one hundred
      eighty (180) days plus any period during which any such disposition is
      interfered with by any stop order or injunction of the Commission or any
      governmental agency or court) or such securities have been
      withdrawn.

     

    3.1.4. Notification.
      After the filing of a Registration Statement, the Company shall promptly, and
      in
      no event more than two (2) business days after such filing, notify the
      holders of Registrable Securities included in such Registration Statement of
      such filing, and shall further notify such holders promptly and confirm such
      advice in writing in all events within two (2) business days of the
      occurrence of any of the following: (i) when such Registration Statement
      becomes effective; (ii) when any post-effective amendment to such
      Registration Statement becomes effective; (iii) the issuance or, upon the
      Company learning thereof, threatened issuance by the Commission of any stop
      order (and the Company shall take all actions required to prevent the entry
      of
      such stop order or to remove it if entered); and (iv) any request by the
      Commission for any amendment or supplement to such Registration Statement or
      any
      prospectus relating thereto or for additional information or of the occurrence
      of an event requiring the preparation of a supplement or amendment to such
      prospectus so that, as thereafter delivered to the purchasers of the securities
      covered by such Registration Statement, such prospectus will not contain an
      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 promptly make available to the holders of Registrable Securities included
      in
      such Registration Statement any such supplement or amendment; except that before
      filing with the Commission a Registration Statement or prospectus or any
      amendment or supplement thereto, including documents incorporated therein by
      reference, the Company shall furnish to the holders of Registrable Securities
      included in such Registration Statement and to the legal counsel for any such
      holders, copies of all such documents proposed to be filed sufficiently in
      advance of filing to provide such holders and legal counsel with a reasonable
      opportunity to review such documents and comment thereon, and the Company shall
      not file any Registration Statement or prospectus or amendment or supplement
      thereto, including documents incorporated by reference, to which such holders
      or
      their legal counsel shall reasonably object.

     

    
      
        
        

      

      
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    3.1.5. State
      Securities Laws Compliance. The Company shall use its best efforts to
      (i) register or qualify the Registrable Securities covered by the
      Registration Statement under such securities or “blue sky” laws of such
      jurisdictions in the United States as the holders of Registrable Securities
      included in such Registration Statement (in light of their intended plan of
      distribution) may request and (ii) take such action necessary to cause
      such Registrable Securities covered by the Registration Statement to be
      registered with or approved by such other governmental agency as may be
      necessary by virtue of the business and operations of the Company and do any
      and
      all other acts and things that may be necessary or advisable to enable the
      holders of Registrable Securities included in such Registration Statement to
      consummate the disposition of such Registrable Securities in such jurisdictions;
      provided, however, that the Company shall not be required to qualify generally
      to do business in any jurisdiction where it would not otherwise be required
      to
      qualify but for this paragraph or subject itself to taxation in any such
      jurisdiction.

     

    3.1.6. Agreements
      for Disposition. The Company shall enter into customary agreements (including,
      if applicable, an underwriting agreement in customary form) and take such
      other actions as are reasonably required in order to expedite or facilitate
      the
      disposition of such Registrable Securities. The representations, warranties
      and
      covenants of the Company in any underwriting agreement which are made to or
      for
      the benefit of any Underwriters, to the extent applicable, shall also be made
      to
      and for the benefit of the holders of Registrable Securities included in such
      registration statement. No holder of Registrable Securities included in such
      registration statement shall be required to make any representations or
      warranties in the underwriting agreement except, if applicable, with respect
      to
      such holder’s organization, good standing, authority, title to Registrable
      Securities, lack of conflict of such sale with such holder’s material agreements
      and organizational documents, and with respect to written information relating
      to such holder that such holder has furnished in writing expressly for inclusion
      in such Registration Statement.

     

    3.1.7. Cooperation.
      The principal executive officer of the Company, the principal financial officer
      of the Company, the principal accounting officer of the Company and all other
      officers and members of the management of the Company shall cooperate fully
      in
      any offering of Registrable Securities hereunder, which cooperation shall
      include, without limitation, the preparation of the Registration Statement
      with
      respect to such offering and all other offering materials and related documents,
      and participation in meetings with Underwriters, attorneys, accountants and
      potential investors.

     

    3.1.8. Records.
      The Company shall make available for inspection by the holders of Registrable
      Securities included in such Registration Statement, any Underwriter
      participating in any disposition pursuant to such registration statement and
      any
      attorney, accountant or other professional retained by any holder of Registrable
      Securities included in such Registration Statement or any Underwriter, all
      financial and other records, pertinent corporate documents and properties of
      the
      Company, as shall be necessary to enable them to exercise their due diligence
      responsibility, and cause the Company’s officers, directors and employees to
      supply all information requested by any of them in connection with such
      Registration Statement.

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

    3.1.9. Opinions
      and Comfort Letters. The Company shall furnish to each holder of Registrable
      Securities included in any Registration Statement a signed counterpart,
      addressed to such holder, of (i) any opinion of counsel to the Company
      delivered to any Underwriter and (ii) any comfort letter from the Company’s
      independent public accountants delivered to any Underwriter. In the event no
      legal opinion is delivered to any Underwriter, the Company shall furnish to
      each
      holder of Registrable Securities included in such Registration Statement, at
      any
      time that such holder elects to use a prospectus, an opinion of counsel to
      the
      Company to the effect that the Registration Statement containing such prospectus
      has been declared effective and that no stop order is in effect.

     

    3.1.10. Earnings
      Statement. The Company shall comply with all applicable rules and regulations
      of
      the Commission and the Securities Act, and make available to its stockholders,
      as soon as practicable, an earnings statement covering a period of twelve
      (12) months, beginning within three (3) months after the effective
      date of the registration statement, which earnings statement shall satisfy
      the
      provisions of Section 11(a) of the Securities Act and Rule 158
      thereunder.

     

    3.1.11. Listing.
      The Company shall use its best efforts to cause all Registrable Securities
      included in any registration to be listed on such exchanges or otherwise
      designated for trading in the same manner as similar securities issued by the
      Company are then listed or designated or, if no such similar securities are
      then
      listed or designated, in a manner satisfactory to the holders of a majority
      of
      the Registrable Securities included in such registration.

     

    3.2 Obligation
      to Suspend Distribution. Upon receipt of any notice from the Company of the
      happening of any event of the kind described in Section 3.1.4(iv), or, in the
      case of a resale registration on Form S-3 pursuant to Section 2.4 hereof, upon
      any suspension by the Company, pursuant to a written insider trading compliance
      program adopted by the Company’s Board of Directors, of the ability of all
“insiders” covered by such program to transact in the Company’s securities
      because of the existence of material non-public information, each holder of
      Registrable Securities included in any registration shall immediately
      discontinue disposition of such Registrable Securities pursuant to the
      Registration Statement covering such Registrable Securities until such holder
      receives the supplemented or amended prospectus contemplated by Section
      3.1.4(iv) or the restriction on the ability of “insiders” to transact in
      the Company’s securities is removed, as applicable, and, if so directed by the
      Company, each such holder will deliver to the Company all copies, other than
      permanent file copies then in such holder’s possession, of the most recent
      prospectus covering such Registrable Securities at the time of receipt of such
      notice.

     

    3.3 Registration
      Expenses. The Company shall bear all costs and expenses incurred in connection
      with any Demand Registration pursuant to Section 2.1, any Piggy-Back
      Registration pursuant to Section 2.2, and any registration on Form S-3 effected
      pursuant to Section 2.4, and all expenses incurred in performing or complying
      with its other obligations under this Agreement, whether or not the Registration
      Statement becomes effective, including, without limitation: (i) all
      registration and filing fees; (ii) fees and expenses of compliance with
      securities or “blue sky” laws (including fees and disbursements of counsel in
      connection with blue sky qualifications of the Registrable Securities);
      (iii) printing expenses; (iv) the Company’s internal expenses
      (including, without limitation, all salaries and expenses of its officers and
      employees); (v) the fees and expenses incurred in connection with the
      listing of the Registrable Securities as required by Section 3.1.11;
      (vi) National Association of Securities Dealers, Inc. fees; (vii) fees
      and disbursements of counsel for the Company and fees and expenses for
      independent certified public accountants retained by the Company (including
      the
      expenses or costs associated with the delivery of any opinions or comfort
      letters requested pursuant to Section 3.1.9); (viii) the fees and expenses
      of any special experts retained by the Company in connection with such
      registration and (ix) the reasonable fees and expenses of one legal counsel
      selected by the holders of a majority-in-interest of the Registrable Securities
      included in such registration. The Company shall have no obligation to pay
      any
      underwriting discounts or selling commissions attributable to the Registrable
      Securities being sold by the holders thereof, which underwriting discounts
      or
      selling commissions shall be borne by such holders. Additionally, in an
      underwritten offering, all selling stockholders and the Company shall bear
      the
      expenses of the Underwriter pro rata in proportion to the respective amount
      of
      shares each is selling in such offering.

     

    3.4 Information.
      The holders of Registrable Securities shall provide such information as may
      reasonably be requested by the Company, or the managing Underwriter, if any,
      in
      connection with the preparation of any Registration Statement, including
      amendments and supplements thereto, in order to effect the registration of
      any
      Registrable Securities under the Securities Act pursuant to Section 2 and in
      connection with the Company’s obligation to comply with federal and applicable
      state securities laws.

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     4. INDEMNIFICATION
      AND CONTRIBUTION.

    

    4.1 Indemnification
      by the Company. The Company agrees to indemnify and hold harmless each Investor
      and each other holder of Registrable Securities, and each of their respective
      officers, employees, affiliates, directors, partners, members, attorneys and
      agents, and each person, if any, who controls an Investor and each other holder
      of Registrable Securities (within the meaning of Section 15 of the Securities
      Act or Section 20 of the Exchange Act) (each, an “INVESTOR INDEMNIFIED
      PARTY”), from and against any expenses, losses, judgments, claims, damages or
      liabilities, whether joint or several, arising out of or based upon any untrue
      statement (or allegedly untrue statement) of a material fact contained in
      any Registration Statement under which the sale of such Registrable Securities
      was registered under the Securities Act, any preliminary prospectus, final
      prospectus or summary prospectus contained in the Registration Statement, or
      any
      amendment or supplement to such Registration Statement, or arising out of or
      based upon any omission (or alleged omission) to state a material fact
      required to be stated therein or necessary to make the statements therein not
      misleading, or any violation by the Company of the Securities Act or any rule
      or
      regulation promulgated thereunder applicable to the Company and relating to
      action or inaction required of the Company in connection with any such
      registration; and the Company shall promptly reimburse the Investor Indemnified
      Party for any reasonable legal and any other expenses reasonably incurred by
      such Investor Indemnified Party in connection with investigating and defending
      any such expense, loss, judgment, claim, damage, liability or action; provided,
      however, that the Company will not be liable in any such case to the extent
      that
      any such expense, loss, claim, damage or liability arises out of or is based
      upon any untrue statement or allegedly untrue statement or omission or alleged
      omission made in such Registration Statement, preliminary prospectus, final
      prospectus, or summary prospectus, or any such amendment or supplement, in
      reliance upon and in conformity with information furnished to the Company,
      in
      writing, by such selling holder expressly for use therein. The Company also
      shall indemnify any Underwriter of the Registrable Securities, their officers,
      affiliates, directors, partners, members and agents and each person who controls
      such Underwriter on substantially the same basis as that of the indemnification
      provided above in this Section 4.1.

    

    4.2 Indemnification
      by Holders of Registrable Securities. Each selling holder of Registrable
      Securities will, in the event that any registration is being effected under
      the
      Securities Act pursuant to this Agreement of any Registrable Securities held
      by
      such selling holder, indemnify and hold harmless the Company, each of its
      directors and officers and each Underwriter (if any), and each other selling
      holder and each other person, if any, who controls another selling holder or
      such Underwriter within the meaning of the Securities Act, against any expenses,
      losses, claims, judgments, damages or liabilities, whether joint or several,
      insofar as such expenses, losses, claims, judgments, damages or liabilities
      (or
      actions in respect thereof) arise out of or are based upon any untrue
      statement or allegedly untrue statement of a material fact contained in any
      Registration Statement under which such Registrable Securities were registered
      under the Securities Act, any preliminary prospectus, final prospectus or
      summary prospectus contained in the Registration Statement, or any amendment
      or
      supplement to the Registration Statement, or arise out of or are based upon
      any
      omission or the alleged omission to state a material fact required to be stated
      therein or necessary to make the statement therein not misleading, if the
      statement or omission was made in reliance upon and in conformity with
      information furnished in writing to the Company by such selling holder expressly
      for use therein, and shall reimburse the Company, its directors and officers,
      and each other selling holder or controlling person for any legal or other
      expenses reasonably incurred by any of them in connection with investigating
      or
      defending any such expense, loss, claim, damage, liability or action. Each
      selling holder’s indemnification obligations hereunder shall be several and not
      joint and shall be limited to the amount of any net proceeds actually received
      by such selling holder.

     

    4.3 Conduct
      of Indemnification Proceedings. Promptly after receipt by any person of any
      notice of any loss, claim, damage or liability or any action in respect of
      which
      indemnity may be sought pursuant to Section 4.1 or 4.2, such person (the
“INDEMNIFIED PARTY”) shall, if a claim in respect thereof is to be made
      against any other person for indemnification hereunder, notify such other person
      (the “INDEMNIFYING PARTY”) in writing of the expense, loss, claim,
      judgment, damage, liability or action; provided, however, that the failure
      by
      the Indemnified Party to notify the Indemnifying Party shall not relieve the
      Indemnifying Party from any liability which the Indemnifying Party may have
      to
      such Indemnified Party hereunder, except and solely to the extent the
      Indemnifying Party is actually prejudiced by such failure. If the Indemnified
      Party is seeking indemnification with respect to any claim or action brought
      against the Indemnified Party, then the Indemnifying Party shall be entitled
      to
      participate in such claim or action, and, to the extent that it wishes, jointly
      with all other Indemnifying Parties, to assume control of the defense thereof
      with counsel satisfactory to the Indemnified Party. After notice from the
      Indemnifying Party to the Indemnified Party of its election to assume control
      of
      the defense of such claim or action, the Indemnifying Party shall not be liable
      to the Indemnified Party for any legal or other expenses subsequently incurred
      by the Indemnified Party in connection with the defense thereof other than
      reasonable costs of investigation; provided, however, that in any action in
      which both the Indemnified Party and the Indemnifying Party are named as
      defendants, the Indemnified Party shall have the right to employ separate
      counsel (but no more than one such separate counsel) to represent the
      Indemnified Party and its controlling persons who may be subject to liability
      arising out of any claim in respect of which indemnity may be sought by the
      Indemnified Party against the Indemnifying Party, with the fees and expenses
      of
      such counsel to be paid by such Indemnifying Party if, based upon the written
      opinion of counsel of such Indemnified Party, representation of both parties
      by
      the same counsel would be inappropriate due to actual or potential differing
      interests between them. No Indemnifying Party shall, without the prior written
      consent of the Indemnified Party, consent to entry of judgment or effect any
      settlement of any claim or pending or threatened proceeding in respect of which
      the Indemnified Party is or could have been a party and indemnity could have
      been sought hereunder by such Indemnified Party, unless such judgment or
      settlement includes an unconditional release of such Indemnified Party from
      all
      liability arising out of such claim or proceeding.

    

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

    4.4. Contribution.

    

    4.4.1. If
      the
      indemnification provided for in the foregoing Sections 4.1, 4.2 and 4.3 is
      unavailable to any Indemnified Party in respect of any expense, loss, claim,
      damage, liability or action referred to herein, then each such Indemnifying
      Party, in lieu of indemnifying such Indemnified Party, shall contribute to
      the
      amount paid or payable by such Indemnified Party as a result of such expense,
      loss, claim, damage, liability or action in such proportion as is appropriate
      to
      reflect the relative fault of the Indemnified Parties and the Indemnifying
      Parties in connection with the actions or omissions which resulted in such
      expense, loss, claim, damage, liability or action, as well as any other relevant
      equitable considerations. The relative fault of any Indemnified Party and any
      Indemnifying Party shall be determined by reference to, among other things,
      whether the untrue or alleged untrue statement of a material fact or the
      omission or alleged omission to state a material fact relates to information
      supplied by such Indemnified Party or such Indemnifying Party and the parties’
relative intent, knowledge, access to information and opportunity to correct
      or
      prevent such statement or omission.

     

    4.4.2. The
      parties hereto agree that it would not be just and equitable if contribution
      pursuant to this Section 4.4 were determined by pro rata allocation or by any
      other method of allocation which does not take account of the equitable
      considerations referred to in the immediately preceding Section.

     

    4.4.3. The
      amount paid or payable by an Indemnified Party as a result of any loss, claim,
      damage, liability or action referred to in the immediately preceding paragraph
      shall be deemed to include, subject to the limitations set forth above, any
      legal or other expenses incurred by such Indemnified Party in connection with
      investigating or defending any such action or claim. Notwithstanding the
      provisions of this Section 4.4, no holder of Registrable Securities shall be
      required to contribute any amount in excess of the dollar amount of the net
      proceeds (after payment of any underwriting fees, discounts, commissions or
      taxes) actually received by such holder from the sale of Registrable
      Securities which gave rise to such contribution obligation. 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 guilty of such fraudulent misrepresentation.

    

    5. UNDERWRITING
      AND DISTRIBUTION.

     

    5.1 Rule
      144.
      The Company covenants that it shall file any reports required to be filed by
      it
      under the Securities Act and the Exchange Act and shall take such further action
      as the holders of Registrable Securities may reasonably request, all to the
      extent required from time to time to enable such holders to sell Registrable
      Securities without registration under the Securities Act within the limitation
      of the exemptions provided by Rule 144 under the Securities Act, as such Rules
      may be amended from time to time, or any similar Rule or regulation hereafter
      adopted by the Commission.

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    6. MISCELLANEOUS.

    

    6.1 Other
      Registration Rights.  Except
      with respect to those securities issued or issuable upon exercise of the
      Underwriter's Unit Purchase Option, the Company represents and warrants that
      no
      person, other than a holder of the Registrable Securities, has any right to
      require the Company to register any shares of the Company’s capital stock for
      sale or to include shares of the Company’s capital stock in any registration
      filed by the Company for the sale of shares of capital stock for its own account
      or for the account of any other person.

     

    6.2 Assignment;
      No Third Party Beneficiaries. This Agreement and the rights, duties and
      obligations of the Company hereunder may not be assigned or delegated by the
      Company in whole or in part. This Agreement and the rights, duties and
      obligations of the holders of Registrable Securities hereunder may be freely
      assigned or delegated by such holder of Registrable Securities in conjunction
      with and to the extent of any transfer of Registrable Securities by any such
      holder. This Agreement and the provisions hereof shall be binding upon and
      shall
      inure to the benefit of each of the parties, to CRT Capital Group LLC and their
      respective successors and the permitted assigns of the Investor or holder of
      Registrable Securities or of any assignee of the Investor or holder of
      Registrable Securities. This Agreement is not intended to confer any rights
      or
      benefits on any persons that are not party hereto other than as expressly set
      forth in Article 4 and this Section 6.2.

     

    6.3 Notices.
      All notices, demands, requests, consents, approvals or other communications
      (collectively, “NOTICES”) required or permitted to be given hereunder or
      which are given with respect to this Agreement shall be in writing and shall
      be
      personally served, delivered by reputable air courier service with charges
      prepaid, or transmitted by hand delivery, telegram, telex or facsimile,
      addressed as set forth below, or to such other address as such party shall
      have
      specified most recently by written notice. Notice shall be deemed given on
      the
      date of service or transmission if personally served or transmitted by telegram,
      telex or facsimile; provided, that if such service or transmission is not on
      a
      business day or is after normal business hours, then such notice shall be deemed
      given on the next business day. Notice otherwise sent as provided herein shall
      be deemed given on the next business day following timely delivery of such
      notice to a reputable air courier service with an order for next-day
      delivery.

     

    To
      the
      Company:

     

    Advanced
      Technology Acquisition Corp.

    14
      A
      Achimeir Street 

    Ramat
      Gan
      52587 Israel

    Attn:
      Chairman

    

    with
      a
      copy to:

     

    Proskauer
      Rose LLP 

    1585
      Broadway

    New
      York,
      NY 10036

    Attn:
      Brian B. Margolis, Esq.

    

    To
      an
      Investor, to:

     

    [Name
      of
      Investor]

    

    with
      a
      copy to:

     

    Proskauer
      Rose LLP 

    1585
      Broadway

    New
      York,
      NY 10036

    Attn:
      Brian B. Margolis, Esq.

    

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

    6.4 Severability.
      This Agreement shall be deemed severable, and the invalidity or unenforceability
      of any term or provision hereof shall not affect the validity or enforceability
      of this Agreement or of any other term or provision hereof. Furthermore, in
      lieu
      of any such invalid or unenforceable term or provision, the parties hereto
      intend that there shall be added as a part of this Agreement a provision as
      similar in terms to such invalid or unenforceable provision as may be possible
      that is valid and enforceable.

     

    6.5 Counterparts.
      This Agreement may be executed in multiple counterparts, each of which shall
      be
      deemed an original, and all of which taken together shall constitute one and
      the
      same instrument.

     

    6.6 Entire
      Agreement. This Agreement (including all agreements entered into pursuant hereto
      and all certificates and instruments delivered pursuant hereto and
      thereto) constitute the entire agreement of the parties with respect to the
      subject matter hereof and supersede all prior and contemporaneous agreements,
      representations, understandings, negotiations and discussions between the
      parties, whether oral or written.

     

    6.7 Modifications
      and Amendments. No amendment, modification or termination of this Agreement
      shall be binding upon any party unless executed in writing by such party.
      Notwithstanding the foregoing, any and all parties must obtain the written
      consent of CRT Capital Group LLC to amend or modify this Agreement.

    

    6.8 Titles
      and Headings. Titles and headings of sections of this Agreement are for
      convenience only and shall not affect the construction of any provision of
      this
      Agreement.

    

    6.9 Waivers
      and Extensions. Any party to this Agreement may waive any right, breach or
      default which such party has the right to waive, provided that such waiver
      will
      not be effective against the waiving party unless it is in writing, is signed
      by
      such party, and specifically refers to this Agreement. Waivers may be made
      in
      advance or after the right waived has arisen or the breach or default waived
      has
      occurred. Any waiver may be conditional. No waiver of any breach of any
      agreement or provision herein contained shall be deemed a waiver of any
      preceding or succeeding breach thereof nor of any other agreement or provision
      herein contained. No waiver or extension of time for performance of any
      obligations or acts shall be deemed a waiver or extension of the time for
      performance of any other obligations or acts.

    

    6.10 Remedies
      Cumulative. In the event that the Company fails to observe or perform any
      covenant or agreement to be observed or performed under this Agreement, the
      Investor or any other holder of Registrable Securities may proceed to protect
      and enforce its rights by suit in equity or action at law, whether for specific
      performance of any term contained in this Agreement or for an injunction against
      the breach of any such term or in aid of the exercise of any power granted
      in
      this Agreement or to enforce any other legal or equitable right, or to take
      any
      one or more of such actions, without being required to post a bond. None of
      the
      rights, powers or remedies conferred under this Agreement shall be mutually
      exclusive, and each such right, power or remedy shall be cumulative and in
      addition to any other right, power or remedy, whether conferred by this
      Agreement or now or hereafter available at law, in equity, by statute or
      otherwise.

    

    6.11 Governing
      Law. This Agreement shall be governed by, interpreted under, and construed
      in
      accordance with the internal laws of the State of New York applicable to
      agreements made and to be performed within the State of New York, without giving
      effect to any choice-of-law provisions thereof that would compel the application
      of the substantive laws of any other jurisdiction.

    

    6.12 Waiver
      of
      Trial by Jury. Each party hereby irrevocably and unconditionally waives the
      right to a trial by jury in any action, suit, counterclaim or other proceeding
      (whether based on contract, tort or otherwise) arising out of, connected
      with or relating to this Agreement, the transactions contemplated hereby, or
      the
      actions of the Investor in the negotiation, administration, performance or
      enforcement hereof.

    

    [REMAINDER
      OF PAGE INTENTIONALLY LEFT BLANK]

    

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the parties have caused this Registration Rights Agreement
      to
      be executed and delivered by their duly authorized representatives as of the
      date first written above. 

    

     

    ADVANCED
      TECHNOLOGY ACQUISITION CORP.

     

By:                               
                                                       

Name:                               
                                                  
  

    Title:                                                                                  
      

     

    

     

    INITIAL
      STOCKHOLDERS:

     

    [_________________]

    By:                                                                                
      

    Name:                                                                           
      

    Title:                                                                             
      

     

                                                                                          

                                                                                            

                                                                                            

                                                                                            

                                                                                            

    

    

    
      
        
        

      

      
        13Unassociated Document

    September
      29, 2006

    

    

    

    Advanced
      Technology Acquisition Corp.

    14
      A
      Achimeir Street 

    Ramat
      Gan
      52587 Israel

    

    Re:
      Advanced
      Technology Acquisition Corp. (“Company”)

    

    Gentlemen:

    

    Each
      of
      the undersigned hereby waives his/its right to exercise conversion rights with
      respect to any shares of the Company’s common stock owned by the undersigned,
      directly or indirectly, and agrees that he/it will not seek conversion with
      respect to such shares in connection with any vote to approve a business
      combination (as is more fully described in the Company’s Prospectus relating to
      the Company’s initial public offering).

    

     

    [REMAINDER
      OF PAGE INTENTIONALLY BLANK. SIGNATURE PAGES FOLLOWS]

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
 

    
      	
              Very
                truly yours, 

            	
               

            	
               

            	
               

            
	
               

            	
               

            	
               

            	
               

            
	
              M.O.T.A.
                Holdings Ltd.

            	
               

            	
               

            	
               

            
	 	
               

            	
               

            	
               

            
	
               

            	
               

            	
               

            	
               

            
	
              By:
                /s/ Moshe Bar-Niv  

            	
               

            	
               

            	
               

            
	
              
                
Name:
                Moshe Bar-Niv

            	
               

            	
               

            	 
	
               

            	
               

            	
               

            	
               

            
	
              FSGL
                Holdings Ltd

            	
               

            	
               

            	
               

            
	 	
               

            	
               

            	
               

            
	
               

            	
               

            	
               

            	
               

            
	
              By:
                /s/ Yehoshua Gleitman

            	
               

            	
               

            	
               

            
	
              
                
Name:
                Yehoshua Gleitman

            	
               

            	
               

            	
               

            
	
               

            	
               

            	
               

            	
               

            
	
              OLEV
                Holdings Ltd

            	
               

            	
               

            	
               

            
	 	
               

            	
               

            	
               

            
	
               

            	
               

            	
               

            	
               

            
	
              By:
                /s/ Liora Lev

            	
               

            	
               

            	
               

            
	
              
                
Name:
                Liora Lev

            	
               

            	
               

            	
               

            
	
               

            	
               

            	
               

            	
               

            
	
              Shrem,
                Fudim, Kelner - Technologies Ltd.

            	
               

            	
               

            	
               

            
	 	
               

            	
               

            	
               

            
	
               

            	
               

            	
               

            	
               

            
	
              By:
                /s/ Itschak Shrem; Hilla Zisapel 

            	
               

            	
               

            	
               

            
	
              
                
Name:
                Itschak Shrem; Hilla Zisapel 

            	
               

            	
               

            	
               

            
	
              Title:
                Chairman and CEO; General Counsel

            	
               

            	
               

            	
               

            
	 	 	 	 
	
              Shrem,
                Fudim, Kelner & Co. Ltd.

            	 	 	 
	 	 	 	 
	
               

            	 	 	 
	
              By:
                 /s/ Itschak Shrem; Hilla Zisapel 

            	 	 	 
	
              
                
Name:
                Itschak Shrem; Hilla Zisapel 

            	 	 	 
	
              Title:
                Chairman; General Counsel and Deputy CEO

            	 	 	 
	 	 	 	 
	
              Josef
                Neuhaus Ltd 

            	 	 	 
	 	 	 	 
	
               

            	 	 	 
	
              By:
                /s/ Josef Neuhaus

            	 	 	 
	
              
                
Name:
                Josef Neuhaus

            	 	 	 
	 	 	 	 
	 	 	 	 
	
              /s/
                Elisha Yanay 

            	 	 	 
	
              
                
Elisha
                Yanay      

            	
               

            	
               

            	
               

            
	
               

            	
               

            	
               

            	
               

            
	
               

            	
               

            	
               

            	
               

            
	
              /s/
                Avigdor Kaplan 

            	
               

            	
               

            	
               

            
	
              
                
Avigdor
                Kaplan      

            	
               

            	
               

            	
               

            

    

     

     

     

    

      [Signature
        page to Conversion Rights Letter]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00111-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00111-of-00352.parquet"}]]