Document:

EX-10.7

 Exhibit 10.7 

SECURITIES PURCHASE AGREEMENT 

THIS SECURITIES PURCHASE AGREEMENT (this “Agreement”) is made as of the 26th day of June, 2014, by and between:
(a) ReWalk Robotics Ltd., an Israeli private company number 51-312137-6 (the “Company”), with principal office at Kokhav Yokneam Building, P.O. Box 161, Yokneam Ilit 20692, Israel, (b) each of the purchasers listed on
Schedule B. hereto, including Gabriel Capital Management (GP) Ltd., an Israeli company (the “Lead Investor”) with its principal office at Jerusalem Technology Park, Building 1B, Box 70, Malha, Jerusalem 96951 Israel (the Lead
Investor and the other purchasers, the “Purchasers” or the “Investors”). 
 WHEREAS, the Company desires
that at the Closing (as defined below), the Purchasers shall invest in the Company the Investment Amount (as defined below), as per the allocation between them set forth in Schedule B., in consideration for the issuance to them by the Company
of Series E Convertible Preferred Shares of the Company, par value NIS 0.01 each (the “Preferred E Shares”), at such number and at such price per share as set forth below and of warrants to purchase additional Preferred E Shares;
and 
 WHEREAS, the Purchasers desire to invest the Investment Amount in the Company at the Closing upon and subject to the terms and
conditions hereof. 
 NOW THEREFORE, in consideration of the mutual promises, covenants set forth herein it is hereby agreed as follows:

 1. Interpretation 
 1.1. The section
and paragraph headings used in this Agreement are inserted for ease of reference only and shall not be used for interpretation purposes. 

1.2. References to persons shall include incorporated, unincorporated, associations and partnerships entities, in each case whether or not
having a separate legal personality. 
 1.3. References to those of the parties that are individuals include their respective legal personal
representatives. 
 1.4. References to “writing” or “written” include any other non-transitory form of
visible reproduction of words. 
 2. Issue and Purchase of Preferred E Shares; Grant of Warrants; Supplemental Closing 

2.1. Investment  
 2.1.1.
Certain Definitions. For the purposes hereof, the following terms shall have the following meanings: 
 (i) “Amit
Agreement” shall mean the Shareholders Agreement as defined in Section 3.2.3 below. 
 (ii) “Fully-Diluted Basis”
shall mean all of the issued and outstanding share capital of the Company, on an as-converted and fully-diluted basis, including the ESOP Increase (as defined below) and (for the avoidance of doubt) including the convertible securities under the
Kreos Agreement and the Amit Agreement, and including any “Milestone Shares” (as defined in, and pursuant to the Series D SPA (as defined in the Amended Articles)) which may be issued under the Series D SPA, and assuming the exercise of
all outstanding options and warrants; provided that with respect to the convertible securities under the Amit Agreement, the calculations made for the purposes of determining the “Fully-Diluted Basis” shall assume a fixed Investment Amount
of $10,000,000 hereunder, regardless of the total amount actually invested, and acknowledging that such assumption will not derogate from Amit’s rights under the Amit Agreement. 

(iii) “Kreos Agreement” shall mean that certain Agreement For The Provision Of A Loan Facility by and between the Company
and Kreos Capital IV (Expert Fund) Limited and dated June 19, 2014. 

 2.1.2. Investment. Subject to the terms and conditions hereof, at the Closing, the Company
shall issue and allot to each of the Purchasers and each of the Purchasers, separately and not jointly, shall purchase from the Company, such number of Preferred E Shares as set forth next to such Purchaser’s name in Schedule B. hereto
(collectively, the “Purchased Shares”), free and clear of any and all liens, claims, charges, encumbrances, restrictions, or other third party rights (hereinafter “Encumbrances”), at a price per Preferred E Share of
US $215.454 (the “Price Per Share”, and, in aggregate, the “Investment Amount”), which Price Per Share the Company represents and warrants reflects a pre-money Company valuation at the Closing of US$100,000,000, on
a Fully-Diluted Basis (the “Base Valuation”). The Investment Amount shall be between $6,000,000 and $13,000,000 (which minimum and maximum amounts may be adjusted if agreed by the Company and the Lead Investor), of which the Lead
Investor (and/or Gabriel Capital Fund (US), L.P.), subject to the terms and conditions hereof, shall invest at least $2,000,000. The attached Schedule B. sets forth the allocation of the Investment Amount between each of the Purchasers and
the number of Preferred E Shares to be issued to each of them respectively at the Closing. 
 2.1.3. Current Shareholders. Unless
otherwise agreed by the Lead Investor and the Company, the Investors shall include some or all of the Company Shareholders (as defined below) who (the “Participating Shareholders”) shall invest an aggregate amount of no less than
$1,000,000 of the Investment Amount at the Closing. 
 2.1.4. In the event that the Company Shareholders notify the Company prior to
July 7, 2014, that they desire and are committed to invest, in the aggregate, an amount which, together with the amounts set forth on Schedule A on the date hereof (as may be updated to include amounts committed to be invested by additional
investors approved under Section 2.3 prior to the Closing), exceeds $13,000,000, then the amounts to be invested by any Investor hereunder (including such Participating Shareholders) shall be limited as may be agreed by the Lead Investor and the
Company prior to the Closing. 
 2.1.5. Each of the above Preferred E Shares issuable at the Closing will be issued and become fully paid
upon the payment by the Purchasers of the Investment Amount per the wire instructions to be provided to them by the Company in Schedule 2.1.5 attached hereto, and receipt of payment in the Company’s bank account. 

2.2. Grant of Warrants. 

2.2.1. Certain Definitions. For the purposes hereof, the following terms shall have the following meanings: 

(i) “New Investor” shall mean an Investor who is not a Participating Shareholder, and shall include all Designees. 

(ii) “New Investor Warrant” shall mean all Warrants other than those granted to Participating Shareholders pursuant to
Section 2.2.2. 
 2.2.2. Grant of Warrants. At the Closing, the Company shall issue to the Investors (subject to Section 2.2.3 below)
warrants, for no additional consideration and in the form attached hereto as Schedule 2.2.2 (the “Warrants”), to purchase an aggregate number of additional Preferred E Shares equal to 50% of the aggregate number of Purchased
Shares purchased by such Investors at the Closing (including, upon the occurrence of the Trigger Event, all Trigger Shares issued to such Investor) (the “Warrant Shares”); provided however that if, prior to the
date which is 12 months from the Closing, an IPO which yields net proceeds to the Company of at least $30,000,000 (an “Applicable IPO”) has not occurred, then at such time the percentage above shall automatically be adjusted to 65%.

 2.2.3. Allocation of New Investor Warrants. The allocation of the New Investor Warrants and the Warrant Shares underlying them,
shall be as determined by Gabriel Capital Management Ltd. (“Gabriel Management”) and notified in writing to the Company by Gabriel Management no later than two business days prior to the Closing (the “Notice of
Allocation”), and which determination and allocation shall be binding upon the Parties. For the avoidance of doubt, Gabriel Management may allocate (subject to approval by the Company’s Board of Directors) New Investor Warrants to
other parties including those who are not purchasing Preferred E Shares hereunder (each a “Designee”). 

  
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 2.2.4. Exercise Price. The exercise price per share for the Warrants shall be equal to an
amount which is 20% more than the Conversion Price of the Initial Preferred E Shares (as defined in, and as adjusted from time to time in accordance with, the Amended Articles, including but not limited to Article 15.9 thereof (“Adjustment
of Preferred E Shares Conversion Price upon Issuance of New Issues”) (the “Warrant Price”), which Conversion Price, as of the Closing, is equal to the Price Per Share. 

2.3. Additional Investment. Following the date hereof but prior to the Closing, additional parties may join hereto as Investors, being
either (i) Company Shareholders who on the date of this Agreement hold preferred shares of the Company, and/or (ii) new investors, in each case who sign this Agreement or a joinder hereto, provided that (A) the Lead
Investor and the Company shall have approved such investors in advance, and (B) the aggregate Investment Amount from all Investors hereunder shall not (unless otherwise agreed by the Company and the Lead Investor) exceed US $13 million.
Schedule A hereto, the Capitalization Table, and each other Transaction Document if and as necessary will be updated accordingly as of the Closing, to account for the inclusion of any such additional investors. 

2.4. Trigger Event  

2.4.1. In the event that by December 31, 2014, the Milestone (as defined below) has not been achieved (a “Trigger
Event”), then the Company agrees that the investment hereunder shall, retroactively at such time, be treated as if it was made at a Company pre-money valuation as at the Closing, on a Fully-Diluted Basis, of $80,000,000 (the
“Trigger Valuation”), with the result being the increase (for no additional consideration) of the number of Purchased Shares and Warrants issued and granted to the Investors, retroactive to the Closing, to the numbers thereof as set
forth on the Trigger Valuation sheet on the Capitalization Table. Such adjustment will, inter alia, be accomplished, upon such Trigger Event (unless otherwise required by the Lead Investor) (i) by (a) the issuance of Trigger Shares
to the Investors and/or (b) a reduction (but, for the avoidance of doubt, in no such event any increase) of the Conversion Price applicable to the Initial Preferred E Shares, as set forth in the Amended Articles, to the Trigger Price, and
(ii) in the case of the Warrant Shares, an increase in the Base Number under the Warrants to the number of Warrant Shares as set forth on the Trigger Valuation sheet on the Capitalization Table (which Warrant Share increase will be accompanied
by a reduction of the Warrant Price, as set forth in the Warrants, and a reduction (but, for the avoidance of doubt, in no such event any increase) of the Conversion Price applicable to the Warrant Shares, as set forth in the Amended Articles, to a
price which is 20% more than the Conversion Price of the Preferred E Shares as adjusted in the context of such Trigger Event). The Company hereby represents and warrants that, at the Trigger Valuation, (x) the Price Per Share would have been
$171.946 (the “Trigger Price”) and (y) the Company’s post-Closing capitalization on a Fully-Diluted Basis would have been as set out in the Trigger Valuation sheet on the Capitalization Table. 

2.4.2. All additional Preferred E Shares issued (if issued) pursuant to this Section 2.4 shall be issued free and clear of any and all
Encumbrances, and shall collectively be referred herein as “Trigger Shares”. The Trigger Shares shall be issued without the payment of any additional consideration by the Investors and shall be deemed to be Purchased Shares, and the
Investment Amount shall be deemed to be allocated between the Trigger Shares and all Preferred E Shares issued to the Investors at the Closing. 

2.4.3. “Milestone” means the consummation of the Company’s initial public offering of its shares in the United
States (an “IPO”) which reflects a Company pre-money valuation of at least $180 million. 
 2.5. ESOP. Upon
the lapse of 12 months from the date of the Closing (if, prior to such time, there has been no Applicable IPO), the Company shall increase the number of shares of the Company, par value NIS 0.01 each, available for issuance under its Employees Stock
Option Plan (the “ESOP Shares” and the “ESOP” or “Plan”, respectively) by 1,111 ESOP Shares (the “ESOP Increase”), such that, had such increase taken place at the Closing (assuming,
for this purpose, a fixed Investment Amount hereunder of $10,000,000, regardless of the total amount actually invested), then consequently, (i) as of the Closing, the total number of ESOP Shares would be 70,208 of which 8,228 ESOP Shares would
remain free for future allocation; and (ii) assuming consummation of the Closing and the payment of the Investment Amount in full, immediately following the Closing the total number of ESOP Shares would constitute 12.73% of the Company’s
share capital on a fully diluted basis, and the total number of ESOP Shares remaining free for 

  
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future allocation would constitute 1.492% of the Company’s share capital on a fully diluted basis, all as further set forth in the Capitalization Table (as defined below); provided however
that it is clarified for the avoidance of doubt that the ESOP Increase shall be included in the pre-money valuation of the Company for the purposes of the transaction contemplated hereby. 

3. Closing 
 3.1. Closing. The
issuance and allotment of the Preferred E Shares and the Warrants to the Purchasers, the transfer to the Company of the Investment Amount by the Purchasers and the registration of the Purchased Shares in the name of each Investor in the shareholder
register of the Company shall take place at a closing to be held via remote exchange of documents on July 14, 2014 or on such earlier date as the Company and the Lead Investor shall agree (the “Closing” and the “Closing
Date” respectively), subject to the fulfillment of the closing conditions specified in Sections 7 and 8 of this Agreement. 
 3.2.
Transactions at the Closing. At the Closing, the following transactions shall occur, which transactions shall be deemed to take place simultaneously and no transaction shall be deemed to have been completed nor any document delivered until
all such transactions have been completed and all required documents delivered: 
 3.2.1. The Company shall deliver to each of the Investors
the following duly executed documents in form satisfactory to them: 
 (i) A true and correct copy of the resolutions of the Company’s
Board of Directors (the “Board”) adopted at or immediately prior to the Closing, in the form attached hereto as Schedule 3.2.1(i), by which the execution and delivery by the Company of each of this Agreement, the Shareholders
Rights Agreement, the Shareholders Agreement, the Warrants and any of the documents listed in this Section 3.2.1, and any and all other documents attached hereto or executed in furtherance of the transactions contemplated hereunder (collectively the
“Transaction Documents”), and the performance by it of any and all of its obligations hereunder and thereunder, has been approved, including the issuance of the Preferred E Shares (including the Trigger Shares and Capitalization
Adjustment Shares (as defined in Section 5.4), if any, and the reservation of such shares for such purpose), grant of the Warrants, the issuance of the Warrant Shares upon proper exercise of the Warrants and the reservation of a sufficient number of
Warrant Shares to allow for such exercise (including following the occurrence of a Trigger Event), the issuance to the Investors of any Ordinary A Shares, par value NIS 0.01 each (as defined in the Amended Articles) upon conversion of the Preferred
E Shares (including the Trigger Shares and Capitalization Adjustment Shares, if any) in accordance with the terms of the Amended Articles (the “Ordinary A Shares”, and, together with the Purchased Shares, the Warrants and the
Warrant Shares and, if applicable, the Trigger Shares and the Capitalization Adjustment Shares, collectively, the “Securities”), and the ESOP Increase. To the extent applicable, such resolution shall also include a specific waiver
by the applicable directors of the veto rights set forth in Article 89B of the Articles. 
 (ii) A true and correct copy of the resolutions
of the Company’s shareholders adopted at or immediately prior to the Closing, in the form attached hereto as Schedule 3.2.1(ii), by which (a) the execution and delivery by the Company of all Transaction Documents, and the
performance by the Company of all of its obligations hereunder and thereunder, has been approved, including, inter alia, the creation of Preferred E Shares, the reservation of a sufficient number of (x) Ordinary A Shares to allow the
conversion of the Purchased Shares (including the Trigger Shares and Capitalization Adjustment Shares, if any) and the Warrant Shares (sufficient to account for the occurrence of a Trigger Event) and (y) Preferred E Shares to allow for the
issuance of the Trigger Shares, the Capitalization Adjustment Shares and the Warrant Shares, and the adoption with immediate effect of the Amended Articles (as defined below) together with a duly completed and signed notice of such changes to the
Israeli Registrar of Companies, to be filed with the Israeli Registrar of Companies immediately following the Closing Date; and (b) all the existing shareholders of the Company waive any rights, including, without limitation, pre-emptive rights
(except, in the case of the Participating Shareholders, solely to the extent that they are participating as Investors hereunder), conversion rights, rights of first refusal, rights of first offer, anti-dilution rights, or any similar rights, with
respect to the issuance and sale of the Preferred E Shares and Warrants (including the Warrant Shares, Trigger Shares and Capitalization Adjustment Shares, if any) and the Ordinary A Shares to the Purchasers, subject to the terms of this Agreement,
the Amended Articles and 

  
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other rights and undertakings set forth in the Schedules attached hereto. To the extent applicable, such resolutions shall also include a specific waiver by the applicable shareholders of the
rights set forth in Article 89A of the Articles. 
 (iii) A true and correct copy of the Amended and Restated Articles of Association of
the Company (the “Amended Articles”) duly adopted, replacing the Articles (as defined below), in the form attached hereto as Schedule 3.2.1(iii), which Amended Articles shall include the Lead Investor’s right to appoint
an observer to the Board. 
 (iv) A true and correct copy of the Company’s shareholders’ register reflecting the issuance of the
Preferred E Shares to the Purchasers, stating the number and class of such shares, in the form attached hereto as Schedule 3.2.1(iv)(A), as well as corresponding share certificates, in the form attached hereto as Schedule 3.2.1(iv)(B),
duly executed by the Company, in the name of each Investor on account of such Investor’s portion of the Purchased Shares. 
 (v) A
signed opinion from the Company’s counsel in the form attached hereto as Schedule 3.2.1(v), dated as of the Closing Date and addressed to the Investors. 

(vi) A compliance certificate, executed by Mr. Larry Jasinski, a director of the Company and the CEO of Argo Medical Technologies Inc.,
dated as of the Closing Date, in the form attached hereto as Schedule 3.2.1(vi). 
 (vii) A duly executed Warrant, in the form
attached hereto as Schedule 2.2.1, in the name of each respective Investor (or, subject to approval by the Company’s Board of Directors, Designee), in accordance (in the case of the Warrants to the New Investors) with the details
provided by Gabriel Management in its Notice of Allocation. 
 (viii) A notice or consent form to the Office of the Chief Scientist of the
Israeli Ministry of Industry, Trade and Labor (“OCS”), with respect to the investment contemplated herein in form satisfactory to the Lead Investor, which shall be attached as Schedule 3.2.1(viii) hereto. 

(ix) The Budget (as defined below). 

(x) A fully executed notice to the Israeli Companies Registrar reflecting the filing of the Amended Articles and report of the changes to the
registered share capital. 
 3.2.2. At the Closing, the Company, the Investors and all remaining shareholders of the Company shall execute
and deliver the Amended and Restated Shareholders Rights Agreement substantially in the form set forth as Schedule 3.2.2 (the “Shareholders Rights Agreement”). 

3.2.3. At the Closing, the Company, the Investors and all remaining shareholders of the Company shall execute and deliver the Fourth Amended
and Restated Shareholders Agreement by and between the Founder and the rest of the shareholders of the Company substantially in the form set forth as Schedule 3.2.23.2.3 (the “Shareholders Agreement”). 

3.3. At the Closing, each Purchaser shall cause the transfer to the bank account designated by the Company of its respective portion of the
Investment Amount by wire transfer, banker’s check, or such other form of payment as is mutually agreed by the Company and such Purchaser, and shall deliver to the Company a copy of a transfer form issued by its own bank confirming, without any
restriction or reservation of repayment, the transfer of its respective portion of the Investment Amount to the Company’s bank account. 

3.4. Post Closing. No later than thirty days after the Closing, the Company shall deliver to the Investors evidence of filing with the
Israeli Companies Registrar (the “Registrar”) of a duly completed notice of the issuance of the Purchased Shares to the Investors. The Company shall take all actions required for the prompt recording of the above with the Registrar.

  
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 4. Representations and Warranties  

The Company hereby represents and warrants to the Investors, the following to be true, correct and not misleading as of the date hereof and as of the Closing
Date, and acknowledges that the Investors are entering into this Agreement in reliance thereon, subject to and except as specifically stated otherwise in the Schedules to this Section 4 (the representations in this Section 4 shall be read as if
made also with respect to each Subsidiary (as defined below) of the Company, to the extent applicable): 
 4.1. Organization and
Corporate Power. The Company is a company duly organized and validly existing under the laws of the State of Israel, and has full corporate power and authority to own, lease and operate its properties and assets, to conduct its business as
currently being conducted and as currently proposed to be conducted, and to execute and deliver each of the Transaction Documents and perform any of its obligations hereunder and thereunder and to consummate the transactions contemplated hereby and
thereby. The Company has duly paid all required fees with the Israeli Companies Registrar and has filed the required annual report so as not to be deemed a violating company (as defined by the Israeli Companies Law). Neither the nature of the
Company’s business as currently conducted nor its ownership or leasing of property require that the Company be qualified to do business in any jurisdiction other than Israel. 

4.2. Share Capital  

4.2.1. As of the date hereof the Company’s authorized share capital is NIS 100,000 and is comprised of 10,000,000 shares, par value NIS
0.01 each, of which (i) as of the date hereof and immediately prior to the Closing: (a) 9,367,323 are Ordinary A Shares of which 10,000 are issued and outstanding, (b) 100,000 are Ordinary B Shares of which 316 are issued and
outstanding, (c) 11,000 are Series A Convertible Preferred Shares of which 10,677 are issued and outstanding, (d) 100,000 are Series B Convertible Preferred Shares of which 63,880 are issued and outstanding, (e) 200,000 are Series C-1
Convertible Preferred Shares of which 67,486 are issued and outstanding (f) 40,000 are Series C-2 Convertible Preferred Shares of which 19,675 are issued and outstanding, (g) 100,000 will be Series D-1 Convertible Preferred Shares of which
84,008 will be issued and outstanding and owned by Purchasers, (h) 69,387 will be Series D-2 Convertible Preferred Shares, all of which will be issued and outstanding, (i) 10,323 will be Series D-3 Convertible Preferred Shares, all of
which will be issued and outstanding, and (j) 1,967 will be Series D-4 Convertible Preferred Shares, all of which will be issued and outstanding; a complete and correct list of the holdings of the issued share capital of the Company on a Fully
Diluted Basis, including all options and any other exercisable or convertible securities of the Company, and of the pre-Closing shareholders of the Company (the “Company Shareholders”) as of immediately prior the Closing, is set
forth in Schedule 4.2.1(A) attached hereto, and (ii) immediately following the Closing: (a) 9,067,323 will be Ordinary A Shares of which 10,000 will be issued and outstanding, (b) 100,000 will be Ordinary B Shares of which 316
will be issued and outstanding, (c) 11,000 will be Series A Convertible Preferred Shares of which 10,677 will be issued and outstanding, (d) 100,000 will be Series B Convertible Preferred Shares of which 63,880 will be issued and
outstanding, (e) 200,000 will be Series C-1 Convertible Preferred Shares of which 67,486 will be issued and outstanding, (f) 40,000 will be Series C-2 Convertible Preferred Shares of which 19,675 will be issued and outstanding,
(g) 100,000 will be Series D-1 Convertible Preferred Shares of which 84,008 will be issued and outstanding and owned by Purchasers, (h) 69,387 will be Series D-2 Convertible Preferred Shares, all of which will be issued and outstanding,
(i) 10,323 will be Series D-3 Convertible Preferred Shares, all of which will be issued and outstanding, (j) 1,967 will be Series D-4 Convertible Preferred Shares, all of which will be issued and outstanding, and (k) 300,000 will be
Series E Convertible Preferred Shares, 60,338 of which will be issued and outstanding; a complete and correct list of the holdings of the issued share capital of the Company on a Fully-Diluted Basis, including all options and any other exercisable
or convertible securities of the Company, and of the shareholders of the Company (including the Investors), immediately following the Closing is set forth in Schedule 4.2.1(A) attached hereto, which includes separate sheets which assume and
reflect, respectively, a Company pre-money valuation in the transactions contemplated hereby, equal to the Base Valuation and the Trigger Valuation) (the “Capitalization Table”). 

4.2.2. All of the shares held by Company Shareholders have been duly authorized, are validly issued, fully paid-up and non-assessable and were
issued (if and when issued) in compliance with all applicable laws. The Company Shareholders are the lawful record owners and holders of all of the issued 

  
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share capital of the Company and hold such shares free and clear of any and all Encumbrances. None of the Company Shareholders, nor any other third party, holds any other shares, options or other
rights to subscribe for, purchase from the Company or from any third party any shares or other securities of the Company that are convertible into, or exercisable or exchangeable for, shares or any other equity of the Company, and no Encumbrances
with respect to the Company shares exist, except with respect to 5,237 Series A Preferred Shares, NIS 0.01 par value each, of the Company that are held by the Technological Incubator Founded by the Technion R&D Foundation Ltd. and are pledged
for the benefit of the OCS according to Directive 8.3 of the managing director of the Ministry of the Industry, Trade and Labor of the State of Israel and as set forth in the Shareholders Rights Agreement and in the Amended Articles (the
“Government Shares”). 
 4.2.3. Without derogating from the Company’s obligations under Section 2.5, as of the Closing
the number of ESOP Shares under ESOP shall be 69,097, constituting 12.527% of Company’s outstanding share capital on a fully diluted basis, of which 7,117 ESOP Shares, constituting 1.29% of the Company’s outstanding share capital on a
fully diluted basis, shall remain free for future allocation of options to officers, directors, employees and consultants pursuant to the Plan. 

4.2.4. Except as set forth in Schedule 4.2.4, the Shareholders Rights Agreement or in the Amended Articles, there are no share capital,
pre-emptive rights, convertible securities, outstanding warrants, options or other rights (including anti-dilution rights or rights of first refusal or similar rights) or agreements, orally or in writing, to subscribe for, purchase or acquire from
the Company or, to the best of Company’s knowledge, from any of the Company Shareholders, any share capital of the Company or any rights convertible into, or exercisable or exchangeable for, any share capital of the Company, and there are no
contracts, binding commitments or promises providing for the issuance of, or the granting of rights to acquire, any securities of the Company or under which the Company or, to the best of Company’s knowledge (after due inquiry in this regard),
any of the Company Shareholders, is or may become obligated to issue or sell any of its securities or rights in the Company. The list of individuals detailed in Schedule 4.2.4 is a complete and accurate list and it specifies with respect
to any option granted under the Plan the number of ESOP Shares issuable upon the exercise of such option, the exercise price, date of grant, acceleration provisions, vesting schedule and expiration date thereof and a description whether the options
were granted under Section 102 or Section 3(i) of the Israeli Income Tax Ordinance [New Version], 5721-1961 (the “Ordinance”) or under any other applicable arrangement whether by virtue of Israeli law or foreign law, and
whether an election was made to treat such option under the capital gain route or ordinary income route and, where relevant, the date on which an option granted pursuant to Section 102(b)(2) of the Ordinance was deposited with the designated
trustee appointed under and in accordance with the provisions of Section 102 of the Ordinance, including the date upon which such options were deposited with the designated trustee. 

4.2.5. All pre-emptive, anti-dilution and similar rights applicable to the issuance of the Securities have been waived. The Purchased Shares,
the Warrant Shares and the Ordinary A Shares, when issued in accordance with the Agreement, will be duly authorized, validly issued, fully paid, and free of any Encumbrances, anti-dilution rights and pre-emptive rights, will have the rights,
preferences, privileges, and restrictions set forth in the Amended Articles and will be duly registered in the name of each Investor in the Company’s shareholders’ register. Since its incorporation, there has been no declaration or payment
by the Company of dividends, or any distribution by the Company of any assets of any kind to any of its shareholders in redemption of or as the purchase price for any of the Company’s securities. The Company has no obligation (contingent or
otherwise) to purchase or redeem any of its share capital. Except as set forth in the Shareholders Rights Agreement, the Company is not under any obligation to register for trading on any securities exchange any of its currently outstanding
securities or any of its securities which may hereafter be issued. 
 4.3. Qualification. The articles of association of the Company
as in effect on the date hereof are attached hereto as Schedule 4.3(i) (the “Articles”). The Company has not taken any action or failed to take any action, which action or failure would preclude or prevent the Company from
conducting its business after the Closing in the manner as currently being conducted or as currently contemplated to be conducted. Except as set forth in Schedule 4.3(ii), the Company has all franchises, permits, licenses, and any similar
authority necessary for the conduct of its business as currently being conducted or as currently contemplated to be conducted. The Company is not in default under any such franchises, permits, licenses, or other similar authority. 

  
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 4.4. Subsidiaries. The Company does not own or control, directly or indirectly, any
interest in any other corporation, association or business entity, except for its wholly-owned subsidiaries, Argo Medical Technologies Inc., a company organized under the laws of Delaware, USA (registration number 5110469 8100) and Argo Medical
Technologies GmbH, a company organized under the laws of Germany (registration number 1955/2012.B) (the “Subsidiaries”). Each Subsidiary is wholly-owned by the Company free and clear of any Encumbrances and is a corporation duly
organized, validly existing and in good standing under the laws of its jurisdiction of incorporation and has all requisite corporate power and authority to carry on its business. Each Subsidiary is duly qualified to transact business and is in good
standing in each other jurisdiction in which the failure to so qualify could reasonably be expected to have a material adverse effect on the Company or the properties, business, operations, assets, condition (financial or otherwise) or results of
operation of the Company (“Material Adverse Effect”), noting for the avoidance of doubt, that any changes in general economic conditions, the market or industry in which the Company operates, and the political or military situation
in the region or the financial markets, so long as such changes do not have a disproportionate effect on the Company, shall not constitute a Material Adverse Effect. 

4.5. Directors and Officer Holders. The directors of the Company immediately prior to Closing are Dr. Amit Goffer (the
“Founder”), Wayne Weisman, Jeff Dykan, Hadar Ron, Asaf Shinar, Larry Jasinski, Arik Dan and Ichiki Yasushi. Other than as prescribed hereunder, in the Articles or the Amended Articles, there is no agreement, obligation or commitment
with respect to the election of any individual or individuals to the Board and, to the best knowledge of the Company, there is no voting agreement, or any other arrangement or agreement, among some or all of the Company’s Shareholders, other
than those set forth in the Articles, the Amended Articles and the Shareholders Rights Agreement as amended. The officers of the Company immediately prior to Closing are Larry Jasinski, Amit Goffer, John Hamilton, Jodi Gricci, Ofir Koren and Ami
Kraft. Each officer of the Company is currently devoting one hundred percent (100%) of his or her business time to the conduct of the business of the Company. To the Company’s knowledge, no officer of the Company is planning to work less
than full-time at the Company in the future. 
 4.6. Financial Statements and Material Liabilities 

4.6.1. At the Closing, a copy of the Company’s audited financial statements as of December 31, 2013, as well as unaudited but
reviewed financial statements (including balance sheet and profit and loss account) as of March 31, 2014, are attached hereto as Schedule 4.6.1 (the “Financial Statements”). The Financial Statements are true and correct,
have been prepared in accordance with the US Generally Accepted Accounting Principles (“GAAP”) applied on a consistent basis throughout the periods indicated and with each other, prepared in accordance with the books and records of
the Company except that the unaudited Financial Statements may not contain all footnotes required by generally accepted accounting principles. The Financial Statements fairly and accurately present the assets, liabilities, financial condition and
operating results of the Company as of the dates, and for the periods, indicated therein, subject in the case of the unaudited Financial Statements to normal immaterial year-end audit adjustments. For the period indicated therein the Company has no
liabilities, debts or obligations, whether accrued, absolute, contingent or otherwise, other than those reflected or reserved against in the Financial Statements. 

4.6.2. Since March 31, 2014, except as set forth above or in Schedule 4.6.2, the Company has incurred no liabilities, debts or
obligations, whether accrued, absolute, contingent or otherwise and whether due or to become due within 12 months from the Closing Date, exceeding individually US $10,000 and in the aggregate US $30,000, all of which were incurred in the ordinary
course of business of the Company consistent with past practices. Without derogating from the generality of the foregoing, except as set forth in the Financial Statements, the Company is not a guarantor of any debt or obligation of another, nor has
the Company given any indemnification, loan, security or otherwise agreed to become directly or contingently liable for any obligation of any person, and no person has given any guarantee of, or security for, any obligation of the Company. The
Company was established on June 20, 2001, and since its inception, the Company has operated only in the usual and ordinary course of business. All proper and necessary books of account and accounting records have been maintained by the Company,
are in its possession and contain accurate information in accordance with GAAP consistently applied relating to all 

  
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transactions to which the Company has been a party; it being noted for this purpose that, from the foundation of the Company through 2010, “GAAP” shall refer to Generally Accepted
Accounting Principles in Israel, and thereafter to US GAAP. The Company maintains and will continue to maintain a standard system of accounting established and administered in accordance with GAAP. 

4.6.3. Except for the Kreos Agreement and except as set forth in Schedule 4.6.3 attached hereto, since March 31, 2014, the Company
has conducted its business in an ordinary course, consistent with past practice and there has not been: 
 (i) any material change in the
assets, liabilities, condition (financial or otherwise) or business of the Company; 
 (ii) any material damage, destruction or loss,
whether or not covered by insurance, affecting the assets, properties, conditions (financial or otherwise), operating results or business of the Company as conducted and as currently proposed to be conducted; 

(iii) any waiver by the Company of a right or of a debt owed to it; 

(iv) any satisfaction or discharge of any lien, claim or encumbrance or payment of any obligation by the Company, except in the ordinary
course of business and that is not individually or in the aggregate adverse to the assets, properties, condition (financial or otherwise), operating results or business of the Company as conducted and as currently proposed to be conducted; 

(v) any material change or amendment to a contract or arrangement by which the Company or any of its respective assets or properties is bound
or subject; 
 (vi) any material change in any compensation arrangement or other agreement with any director, officer, employee,
consultant, advisor or contractor of the Company unless in connection with the transactions hereunder; 
 (vii) any resignation or
termination of employment of any officer holder, key employee or group of employees of the Company; 
 (viii) any loans or guarantees made
by the Company to or for the benefit of its employees, officers, directors, consultants, advisors or contractors, or any members of their immediate families, other than travel advances and other advances made in the ordinary course of its business;

 (ix) any sale, transfer or lease of, or imposition of any Encumbrance on, any of the Company’s assets; 

(x) any mortgage, pledge, transfer of a security interest in, or lien, created by the Company, with respect to any of its material properties
or assets, except liens for taxes not yet due or payable and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets; 

(xi) any receipt of written notice that there has been a loss of, or material order cancellation by, any major customer of the Company; 

(xii) any change in the accounting methods or accounting principles or practices employed by the Company; 

(xiii) any declaration or payment of any dividend or other distribution of the assets of the Company; 

(xiv) any debt incurred, assumed or guaranteed by the Company, except those for immaterial amounts or for current liabilities incurred in the
ordinary course of business; 
 (xv) any single capital expenditure by the Company in excess of US $20,000 or any capital expenditures by
the Company in the aggregate amount of US $50,000; 
 (xvi) any other event or condition of any character that would adversely affect the
assets, properties, condition (financial or otherwise), operating results or business of the Company as conducted and as proposed to be conducted; 

  
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 (xvii) any sale, license granted to, assignment or transfer by the Company of any patents,
trademarks, copyrights, trade secrets or other intangible assets of the Company; or 
 (xviii) any arrangement or commitment by the Company
to do any of the things described in this Section 4.6. 
 4.7. Authorization; Approvals. All corporate action required to be taken on
the part of the Company, the Board and the Company’s Shareholders necessary for the authorization, execution, delivery, and performance of all of the Company’s respective obligations under the Transaction Documents including inter
alia for the authorization, issuance, and allotment of the Securities, has been taken by the Company. Each of the Transaction Documents when executed and delivered by or on behalf of the Company shall be duly and validly authorized, executed and
delivered by the Company and shall constitute the valid and legally binding obligations of the Company, legally enforceable against the Company in accordance with its respective terms. No consent, approval, order, license, permit or action of any
third party which was not obtained or waived prior to the Closing is required for the execution of the Transaction Documents or the consummation of the transactions contemplated thereunder. 

4.8. Compliance with Other Instruments. The Company is not in default under its Articles or the Amended Articles or other formative
documents, or under any note, indenture, mortgage, lease, agreement, contract, purchase order or other instrument, document or agreement to which the Company is a party or by which it or any of its property is bound or affected. The Company is not
in default under the provisions of (i) any law, statute, ordinance, regulation, or (ii) any order, writ, injunction, decree, or judgment of any court or any governmental department, commission, board, bureau, agency or instrumentality,
domestic or foreign of which it has received notice. The Company has not entered into any Material Contract (as such term is defined in Section 4.14 herein) or other instrument, document or agreement, except for the Transaction Documents and the
agreements listed in Schedule 4.14.1(i) and Schedule 4.14.1(iii) herein. The Company is not a party to or bound by any order, judgment, decree or award of any governmental authority, agency, court, tribunal or arbitrator. To the
Company’s knowledge, no third party is in default having a material adverse effect under any agreement, contract or other instrument, document or agreement to which the Company is a party or by which it or any of its property is affected. The
Company is in compliance, in all material respects, with all the applicable requirements of the Registrar and has timely filed all reports required to be filed with the Registrar, and has timely paid its annual fees which were due to the Registrar
through the date hereof. The Company is not registered under the status and has not been declared by the Registrar as a “violating company” within the meaning of Section 362A of the Israeli Companies Law, and it has not received any
notice or warning (in writing or otherwise) concerning any intention of the Registrar to register and/or declare the Company as a “violating company”. 

4.9. No Breach. Neither the execution and delivery of the Transaction Documents, nor compliance by the Company with the terms and
provisions hereof and/or thereof, conflict with or will conflict with, or result in a breach or violation of, any of the terms, conditions and provisions of (i) the Articles or the Amended Articles, (ii) any judgment, order, injunction,
decree, or ruling of any court or governmental authority, domestic or foreign of which the Company has received notice, (iii) any material agreement, contract, lease, license or commitment to which the Company is a party or to which it is
subject, or (iv) any applicable law. The execution, delivery of each of the Transaction Documents and the compliance of the Company with its obligations hereunder and thereunder do not and will not, with or without the passage of time and the
giving of notice, (a) give to others any rights, including rights of termination, cancellation or acceleration, in or with respect to any material agreement, contract or commitment of the Company, or to any of the properties of the Company, or
(b) otherwise require the consent or approval of any person, which consent or approval has not heretofore been obtained. 
 4.10.
Records. The minute books and corporate records of the Company contain true and complete minutes of all meetings of directors and shareholders and all actions by written consent without a meeting by the directors and shareholders since the
date of incorporation, have been maintained in accordance with all applicable statutory requirements and are complete and accurate in all respects and accurately reflect all material transactions made by the Company. The Company has provided to the
Lead Investor a copy of all such corporate records since January 1, 2011. No resolutions have been passed, enacted, consented to or adopted by the directors (or any committee thereof) or shareholders of the Company, except for those contained
in such minute books. 

  
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 4.11. Ownership of Assets. The Company owns all the tangible and intangible assets
appearing in Schedule 4.11. Except as described in Schedule 4.11, (i) the Company has good and marketable title to all of the properties and assets, whether personal, tangible or intangible, that it purports to own, including the
properties and assets reflected on the Financial Statements, and these assets are free of any Encumbrance; and (ii) the Company is not in material default or in material breach of any provision of its leases or licenses and holds a valid
leasehold or licensed interest in the property it leases or that is licensed to it. Complete and correct copies of leases and licenses of property, other than Intellectual Property (as defined below), leased or licensed to the Company have been
furnished to counsel to the Lead Investor. None of the Company’s Shareholders nor any affiliate of any of the Company’s Shareholders, owns or possesses, in their individual or any other capacities, any property, whether tangible or
intangible, the Company’s lack of ownership of which is material, individually or in the aggregate, to the financial condition, operations, or business of the Company. 

4.12. Intellectual Property 
 For
purposes of this Agreement, the term “Intellectual Property” shall include without limitation the ‘ReWalk’ project which is an upright walking assistance tool, enabling disabled persons with lower-limb disabilities to
stand, walk and climb stairs, any and all inventions (patentable or unpatentable), patents, patent applications, trademarks, service marks, trade names, trade secrets, domain names, know-how, ideas and confidential information embodied or reflected
in such information, whether patentable or unpatentable and whether or not reduced to practice, know-how, technology, proprietary processes, techniques, methodologies, formulae, algorithms, models, modules, user interfaces, research and development
information, copyrightable works, financial, marketing and business data, pricing and cost information, business and marketing plans and customer and supplier lists and information, inventions, source code, object code, and, with respect to all of
the foregoing, related confidential documentation, including any shop rights, for the longest period of protection accorded to such interests under applicable law, as well as all computer programs, source code and object code form, and all
algorithms, utilities, flowcharts, logic, documentation, processes, formulations, data, experimental methods, or results, descriptions, business or scientific plans, depictions, customer lists, specifications, pricing plans, market research or data,
potential marketing strategies, prospective users and distribution channels, engineering drawings, information concerning specialized suppliers, specifications for products and/or software, test protocols, and all other materials relating thereto,
and copies thereof in any storage media, and all other works of authorship, inventions, concepts, ideas and discoveries developed, discovered, conceived, created, made or reduced to practice, and all intellectual property rights therein, including,
without limitation, all copyrights in the United States, Israel and elsewhere and all rights of registration and publication, rights to create derivative works, and all other rights incident thereto, for the residue now unexpired of the present term
of any and all such copyrights and any term thereafter granted during which such information is entitled to copyright, and all documentation, including user manuals and training materials relating to any of the foregoing and descriptions,
flow-charts and other work product used to design, plan, organize and develop any of the foregoing and, other proprietary rights relating to any of the foregoing. 

4.12.1. A complete and accurate list of all patents, patent applications, and trademarks owned by the Company is set forth in Schedule
4.12.1 hereto, to which Schedule 4.12.1 is attached a description of the Company’s technology. Each item of the Company’s Intellectual Property is subsisting, enforceable and valid. 

4.12.2. The Company owns and has developed, or has obtained a valid and enforceable right to use, free and clear of any and all Encumbrances,
all Intellectual Property used by the Company. The Company’s Intellectual Property is sufficient for the conduct of Company’s business as currently conducted (and as currently contemplated to be conducted), and no product or service
marketed or sold by the Company is infringing upon or violating any license, right, lien, or claim of others or infringes any intellectual property rights of any other party nor has it in the past infringed upon, misappropriated or otherwise
violated any intellectual property of any third party. Neither the Company nor, to the Company’s best knowledge, any of the Company’s directors, officers, employees or consultants (including the Founder)

  
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has received notice of any infringement of asserted rights of others, with respect to any of the Company’s Intellectual Property, or of any facts, or assertion of any facts, which would
render any of the Company’s Intellectual Property invalid or unenforceable. The Company’s Intellectual Property has been developed solely by or for, or was assigned to, the Company, and is owned solely by the Company, with no rights
therein or thereto being held by any other party. The Company’s business as currently conducted and as currently contemplated to be conducted does not violate intellectual property rights of any third party(ies). The Company’s business as
currently conducted does not require the Company to acquire or license intellectual property rights from any third party(ies) in order to avoid a violation of such party’s(ies’) intellectual property rights. The Company’s business as
currently contemplated to be conducted will not require the Company to acquire or license intellectual property rights (other than off-the-shelf software to be included within the Board’s annual capital expenditures budget or to be approved by
the Board on an ad hoc basis) from any third party(ies) in order to avoid a violation of such party’s(ies’) intellectual property rights. The Company has obtained and possesses valid licenses to use all of the software programs
installed on the computers and other software-enabled electronic devices that it owns or leases or that it has otherwise provided to its employees for their use in connection with the Company’s business. The Company has also obtained and
possesses valid licenses to market and license or sublicense all of the software programs installed in any of the Company’s products. Except as set forth in Schedule 4.12.2 the Company is not obligated or under any liability whatsoever
to make any payments by way of royalties, fees or otherwise to any owner or licensor of, or other claimant to, any Intellectual Property used by the Company or used or embodied in the Company’s products. The Company is not required, under the
terms and conditions of any license (whether such license is authorized by the Open Source Initiative or not) to disclose or distribute any source code of its software nor do any Public Software (as defined below) licenses limit, restrict,
govern or affect in any way the Company’s rights in and to the Intellectual Property used by the Company. The Company is not prevented under any and all terms of any license used by the Company from charging a fee in exchange for licensing
the Company’s Intellectual Property to any third party. 
 4.12.3. There are no outstanding licenses, or agreements of any kind
relating to the Company’s Intellectual Property necessary for the Company’s business as now conducted, nor is the Company bound by or a party to any licenses or agreements of any kind with respect to the Intellectual Property of any other
person or entity (including without limitation any software or other material that is distributed as “free software”, “open source software” or under a similar licensing or distribution model). The Company has conducted in the
past, including in anticipation of the issuance of the Preferred E Shares, and will conduct in the future on a regular basis, searches of relevant third-party intellectual property rights. Except as set forth in Schedule 4.12.3, there is no
Intellectual Property owned by any third party which is needed by the Company to conduct its business as currently conducted or proposed to be conducted. 

4.12.4. No source code of any of the Company’s proprietary software has been licensed or otherwise provided or disclosed to another
person or entity, and the Company does not have any duty or obligation (whether present, contingent, or otherwise) to license or otherwise provide the source code for any of the Company’s proprietary software to any person or entity. 

4.12.5. Except as set forth in Schedule 4.12.5, the Company is not using and has not used with or embedded any Public Software (as
defined below) in any of its products generally available or in development. The Company is familiar with and in full compliance in all respects with the terms of use of any and all licenses which govern the use of Public
Software incorporated into any product or software of the Company. The Public Software does not limit, restrict, govern or effect in any way the Company’s Intellectual Property; the Company is not required, under the terms and conditions
of the Public Software, to disclose or distribute any source code to the Company’s Intellectual Property and to license any Company product or Intellectual Property for the purpose of making derivative works; and the Company is not
prevented under any and all terms of the Public Software from charging a fee in exchange for licensing or providing the Company’s Intellectual Property to any third party. “Public Software” means any software that contains, or
is derived in any manner (in whole or in part) from, any software that is distributed as open source software (whether such license is authorized by the Open Source Initiative or not) or similar licensing or distribution models, including without
limitation software licensed or distributed under any of the following licenses or distribution models, or licenses or distribution models similar to any of the following: (i) GNU’s General Public License (GPL) or Lesser/Library GPL
(LGPL), (ii) the Artistic License 

  
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(e.g., PERL), (iii) the Mozilla Public License, (iv) the Netscape Public License, (v) the Sun Community Source License (SCSL), (vi) the Sun Industry Standards License (SISL),
(vii) the BSD License, and (viii) the Apache License. 
 4.12.6. The computer software, computer firmware, computer hardware,
networks, interfaces, platforms, peripherals and computer systems, that are owned or used by the Company in the operation of the business are sufficient for the conduct of the business as presently conducted. 

4.12.7. The Company is and has been in compliance with all applicable laws relating to the collection, storage, and onward transfer of all
personally identifiable information and data collected by the Company, including collection of information and data with respect to its employees. 

4.12.8. Any and all Intellectual Property of any kind which has been developed, is currently being developed, or will be developed in the
future, for the Company by any former or current employee or other service provider of the Company in connection with their engagement with the Company, or through the use of the Company’s equipment or other materials, is and shall be the
exclusive property of the Company (or its assignees or transferees). All Intellectual Property developed for the Company by the Founder and any employee or service provider of the Company prior to such person’s employment by the Company and
during the period of his cooperation with the Company while in its formation stages, are and shall be owned solely by the Company. The Company has taken adequate security measures to protect the secrecy, confidentiality and value of all its
Intellectual Property, which measures are reasonable and customary in the industry in which the Company operates. Each of the Company’s employees (including the Founder) and other persons who, either alone or in concert with others, developed,
invented, discovered, derived, programmed or designed the Company’s Intellectual Property, or who have knowledge of or access to information about the Company’s Intellectual Property, have entered into written agreements with the Company
assigning to the Company all rights in Intellectual Property developed, conceived or reduced to practice in the course of their employment or engagement by the Company, assigning to the Company, all rights in Intellectual Property developed,
created, discovered, derived, programmed, designed, invented or otherwise made by them in the course of their engagement with the Company or in connection to the Company’s activities and irrevocably and (with respect to employees engaged in
recent years only) explicitly waiving all non-assignable rights, including all moral rights and rights to receive royalties in connection therewith, including, without limitation, under the Israeli Patent Law – 1967 (including, without
limitation, Section 134 thereof) and/or other applicable law. None of the Company’s Intellectual Property has been developed for a government corporation, university, college, other academic institution or research center and no
governmental entity, university, college, other academic institution or research center owns or has any right or financial claim in or to any of the Company’s Intellectual Property. 

4.12.9. True and correct copies of all such agreements are available for review by the Investors upon request. It is not, and will not become,
necessary to utilize any inventions of the Founder, any employee or any other service provider of the Company made prior to their respective employment or engagement by the Company other than those that have been assigned to the Company as set forth
hereinabove. 
 4.12.10. Neither the Company nor the Founder has violated or misappropriated or by conducting the Company’s business as
currently conducted or as currently proposed to be conducted, would violate, any Intellectual Property or other intellectual property or proprietary rights of any other person or entity. Neither the Company nor, to its knowledge, any of the
Company’s employees or service providers (including the Founder) is obligated under any contract (including licenses, covenants or commitments of any nature) or other agreement, or subject to any judgment, decree or order of any court or
administrative agency, that would interfere with the use of such employee’s or service provider’s best efforts to promote the interests of the Company, or that would conflict with the Company’s business as conducted and as currently
proposed to be conducted. Neither the execution nor delivery of the Transaction Documents by the Company, the performance of its obligations hereunder and thereunder, nor the carrying on of the Company’s business by the employees of the
Company, nor the conduct of the Company’s business as currently proposed to be conducted (and as currently contemplated to be conducted), conflicts or will conflict with or result in a breach of the terms, conditions or provisions of, or
constitute a default under, any contract, covenant or instrument under which the Company or, to its knowledge, any of such employees or service providers (including the Founder) are now obligated or by which they are bound. To the Company’s
knowledge, there is no third party infringement or violation of any of the Company’s Intellectual Property. 

  
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 4.12.11. Any Intellectual Property which has been developed by the Company or any of the
Company’s employees or service providers (including the Founder) (whether on his own, or jointly with others) for the Company, which is being used or intended to be used by the Company to conduct its business as currently being conducted or as
currently foreseen to be conducted, is owned solely by the Company, and no third party (including the Founder) has any rights therein or with respect thereto. 

4.12.12. The Company has taken all procedural actions required in order to maintain the validity and enforceability of the Intellectual
Property listed in Schedule 4.12.1 in the jurisdictions in which the patent applications or other registrations were filed and the registrations of such Intellectual Property are valid, and all necessary registration, maintenance and renewal fees in
connection with such Intellectual Property have been paid and all documents and certificates which are necessary in connection with such Intellectual Property, have been filed with the relevant patent, copyright, trademark or other authorities in
the relevant and applicable jurisdictions, for the purposes of maintaining such Intellectual Property. 
 4.13. Taxes. Except as set
forth in Schedule 4.13 attached hereto, the Company has not made any tax elections under applicable laws or regulations (other than elections that related solely to methods of accounting, depreciation or amortization). The Company is not a
party to any action, investigation or proceeding by any governmental authority for assessment and collection of taxes. The Company has filed on a timely basis with all appropriate governmental entities all tax returns and tax reports required to be
filed under applicable laws and regulations and all such tax returns were correct and complete in all respects. All taxes required to be paid by the Company that were due and payable prior to the date hereof have been paid in full and in a timely
manner and the Company is not currently liable for any tax (whether income tax, capital gains tax, or otherwise) that became due and was not duly paid. No deficiency assessment or proposed adjustment of any taxes is pending against the Company and
the Company has no knowledge of any proposed liability for any such tax to be imposed. Without derogating from the generality of the above, the Company has withheld or collected from each payment made to each of its employees and/or service
providers, the amount of all taxes required to be withheld or collected therefrom, and have paid the same to the proper tax receiving officers or authorized depositories, all to the extent regarded under law. All options which have been granted by
the Company pursuant to the capital gains route under Section 102(b)(2) of the Ordinance and all shares issued upon exercise of such options have been granted and issued in compliance in all respects with the applicable requirements of
Section 102 of the Ordinance, and the requirements of any rules of the Israeli Tax Authority or guidance and policies relating to said Section 102, including, without limitation, (i) the filing of applicable documents, applications
and notices with the Israeli Tax Authority, (ii) the appointment of an authorized trustee to hold the options granted under Section 102 of the Ordinance and the Shares issued thereunder pursuant to said Section 102, and (iii) the
timely deposit of such options and shares with such trustee pursuant to the terms of Section 102 of the Ordinance and the requirements of any rules or the Israeli Tax Authority or guidance and policies relating to Section 102 of the
Ordinance. 
 4.14. Contracts 

4.14.1. The Company has not entered into any Material Contract (as defined below) and/or agreement, including oral contracts, agreements
and/or arrangements or understandings, except as contained in Schedule 4.14.1(i), 4.14.1(ii) and 4.14.1(iii). Schedule 4.14.1(i) is a true and complete list of all contracts and agreements, including oral contracts, agreements and/or
arrangements (other than such contracts, agreements and/or arrangements which have expired and no longer have any effect), all of which are accurately and fully described, and involve: (a) amounts exceeding US $20,000 (including indemnification
undertakings by the Company not limited in amount); (b) the license of any Intellectual Property by the Company to any third party or by a third party to the Company (other than “off the shelf” licenses); (c) provisions
restricting or affecting the development, manufacture, assembly, or distribution of the Company’s products or services, (d) granting rights to manufacture, produce, assemble, license, market or sell products or services,
(e) indemnification by the Company with respect to infringements of proprietary rights, or (f) restrictions or limitations on the Company’s right to do business or compete in any area or field with any person, firm or company, or
granting any exclusive rights to any third party, to which the Company is a party or by which its property is bound (collectively: the “Material Contracts”). The Company has not 

  
 - 14 - 

 
knowingly waived any of its rights under any Material Contract. Each of the Material Contracts and agreements is in full force and effect and constitute legal, valid and binding obligations of
the Company and the other parties thereto, and enforceable in accordance with their terms, and neither the Company nor, to the Company’s knowledge, any other party thereto, is in material breach thereof; and no event has occurred which, with
notice, lapse of time or both would constitute a material violation or default thereunder. True and correct copies of all such contracts have been delivered to the Lead Investor. The Company and, to the knowledge of the Company, each other party
thereto, has performed in all material respects all obligations required to be performed by it under such Material Contracts, and no material violation exists in respect thereof on the part of the Company, or to the Company’s knowledge, of any
other party thereto; except as set forth in Schedule 4.14.1(ii), none of such Material Contracts is currently being renegotiated (except for the regular renewal of any such Material Contracts on terms substantially similar to their existing
terms) and, to the knowledge of the Company, no party to any Material Contract has a right to renegotiate such Material Contract; and the validity, effectiveness and continuation of all such Material Contracts will not be materially adversely
affected by the transactions contemplated by this Agreement. Except as set forth on Schedule 4.14.1(iii) hereto, the Company has no employment or consulting contracts, deferred compensation agreements or bonus, incentive, profit-sharing, or
pension plans currently in force and effect, or any understanding with respect to any of the foregoing (“Benefit Plan”). 

4.14.2. Without derogating from the generality of the above, except as disclosed in Schedule 4.14.1(i), 4.14.1(ii) or 4.14.1(iii): 

(i) The Company has not undertaken to make any material capital expenditure or purchase with regard to the Company or to the Company’s
business. 
 (ii) The Company is not a party to any credit sale or conditional sale agreement or any contract providing for payment on
deferred terms in respect of assets purchased by the Company other than as set forth in Schedule 4.14.1(i). 
 (iii) The Company is
not in breach of any material obligation under any deed, agreement, or transaction to which it is a party with regard to the Company or to the Company’s business. 

(iv) The Company has not given any guarantee, indemnity, or security for or otherwise agreed to become directly or contingently liable for
any obligation of any other person, and no person has given any guarantee of or security for any obligation of the Company. 
 4.15.
Litigation. Except as set forth in Schedule 4.15 hereto, no claim, action, suit, proceeding, complaint, charge or governmental inquiry or investigation is pending or, to the knowledge of the Company, threatened, against the Company or,
to the knowledge of the Company, any of its officers, directors, employees, service providers (in their capacity as such) or against any of the Company’s properties/assets, before any court, arbitration board or tribunal or administrative or
other governmental agency. The foregoing includes, without limiting its generality, actions pending or threatened involving the prior employment of any of the Company’s employees or service providers (in their capacity as such) or use by any of
them in connection with the Company’s or the Company’s business of any information, property or techniques allegedly proprietary to any of their former employers. Neither the Company, nor, to the Company’s knowledge, any of the
Company’s officers, directors, employees (including the Founder), are a party to or subject to the provisions of any order, writ, injunction, judgment or decree of any court or governmental agency or instrumentality. There is no action, suit,
proceeding or investigation by the Company currently pending or that the Company intends to initiate. 
 4.16. Insurance. The
attached Schedule 4.16 sets forth a list of the Company’s insurance policies. There is no claim by the Company pending under any of such policies. All premiums due under such policies have been paid and the Company is otherwise in full
compliance with the material terms and conditions of all such policies. Such policies are in full force and effect. The Company has not undertaken any action, or omitted to take any action, which would render any such insurance policy void or
voidable or which could result in a material increase in the premium for any such insurance policy. 
 4.17. Interested Party
Transactions. No officer, director or shareholder of the Company, or any affiliate of any such person or entity or the Company, has or has had, either directly or indirectly, (i) an 

  
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interest in any person or entity which (a) to the Company’s knowledge, competes with the business of the Company as conducted or as currently contemplated to be conducted, (b) to
the Company’s knowledge, furnishes or sells services or products which are furnished or sold or are proposed to be furnished or sold by the Company, or (c) purchases from or sells or furnishes to the Company any goods or services other
than as disclosed in Schedule 4.17(i), or (ii) to the Company’s knowledge, a beneficial interest in any contract or agreement to which the Company is a party or by which it may be bound or affected. Other than as disclosed in
Schedule 4.17(ii), there are no existing material arrangements, agreements, understandings or proposed material transactions between the Company and any officer, director, or shareholder of the Company, or any affiliate of any such
person other than in connection with the transactions contemplated in the Transaction Documents. No employee, shareholder, officer, or director of the Company is indebted, directly or indirectly, to the Company or, to the Company’s knowledge,
has any (a) material commercial, industrial, banking, consulting, legal, accounting, charitable or familial relationship with any of the Company’s customers, suppliers, service providers, joint venture partners, licensees and competitors,
(b) direct or indirect ownership interest in any firm or corporation with which the Company is affiliated or with which the Company has a business relationship, or any firm or corporation which competes with the Company except that directors,
officers or employees or shareholders of the Company may own shares in (but not exceeding two percent (2%) of the outstanding share capital of) publicly traded companies that may compete with the Company or (c) financial interest in any
material contract with the Company (other than their respective employment or consulting agreements), nor is the Company indebted (or committed to make loans or extend or guarantee credit) to any of them, directly or indirectly, other than as set
forth in Schedule 4.6.2. 
 4.18. Employees 

4.18.1. Employee Benefits 

(i) Except as set forth in Schedule 4.18.1(i) each Benefit Plan has been operated and administered in accordance with its terms and in
material compliance with applicable law. All reports, returns and similar documents with respect to the Benefit Plans required to be filed with any Governmental Entity or distributed to any Benefit Plan participant or beneficiary, have been duly and
timely (including any approved extensions) filed or distributed. 
 (ii) Except as set forth in Schedule 4.18.1(ii), all
contributions to, and payments from, the Benefit Plans that may have been required to be made in accordance with the terms of the Benefit Plans and applicable laws, including tax laws, have been timely made. The Company has made adequate provisions
with respect to the payment of any payment under any Benefit Plan, including severance pay provided under the law, agreement or otherwise. 

(iii) Except as set forth on Schedule 4.18.1(iii), neither the execution and delivery of this Agreement or the Transaction Documents
nor the consummation of the other transactions contemplated hereby or thereby will result in the payment, vesting, or acceleration of any bonus, share option or other equity-based award, retirement, severance, job security or similar benefit or any
enhanced benefit to any person. 
 (iv) Neither the Company nor any affiliate thereof has a formal plan, commitment, or proposal, whether
legally binding or not, or has made a commitment to any individual to create any additional Benefit Plan or modify or change any existing Benefit Plan that would affect any current employee, director or consultant, or former employee, of the
Company, or any beneficiary or alternate payee of such an individual other than as regards the Third Amended and Restated Shareholders Agreement executed between the Company’s founder, Dr. Amit Goffer, ID No. 051816254, of 1 Hasifan,
Tivon, Israel (the “Founder”) and the Company on September 30, 2013 and attached hereto as Schedule 4.18.1(iv). No events have occurred or are expected to occur with respect to any Benefit Plan that would cause a
material change in the cost of providing the benefits under such plan or would cause a material change in the cost of providing for other liabilities of such plan. 

4.18.2. Employee and Labor Matters. Except as set forth in Schedule 4.18.2, the Company has no employment contract with any
officer or employee or any other consultant or person which is not terminable by it at will without liability, upon thirty (30) days’ prior notice. The Company has complied in all material respects with all applicable employment laws,
including applicable laws relating to employment and governing payment of minimum wages, overtime rates, registration of work hours and 

  
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required salary slips, terms and conditions of employment and the proper withholding and payment of taxes from compensation of employees and the payment of premiums and/or benefits under
applicable worker compensation laws, and remission to the proper tax and other authorities of all sums required to be withheld from employees or persons deemed to be employees under applicable laws respecting such withholding. The Company has paid
in full to all of its respective employees (including to such employees’ respective managers insurance, pension and vocation studies funds, if applicable), wages, salaries, commissions, bonuses, benefits and other compensation due and payable
to such employees on or prior to the date hereof. The Company is not bound by or subject to (and none of its assets or properties is bound by or subject to) any written or oral, express or implied, contract, commitment or arrangement with any labor
union except for those provisions of general agreements between the Histadrut and any Employers’ Union or Organization that are applicable to all the employees in Israel and/or to employees in the field of business or industry by an Extension
Order. No labor union has requested or has sought to represent any of the employees, representatives or agents of the Company. To the Company’s best knowledge, the employment by the Company of any of its employees (including the Founder), and
the engagement by it with any of its respective consultants, does not constitute and is not likely to constitute a breach of any of such persons’ obligations to third parties, including non-competition or confidentiality obligations. 

4.18.3. As of the date hereof, (i) the Company has not been notified in writing by any of its office holders or key employees that such
employee intends to, or is considering, terminating such employee’s employment or engagement with the Company, including in connection with or as a result, in part or in whole, of the transactions contemplated hereby, and (ii) to the
knowledge of the Company, no such office holder or key employee intends to or has notified the Company that such employee is considering, doing the same. 

4.18.4. Except as set forth in Schedule 4.18.4, the Company’s obligations to provide statutory severance pay to its employees (as
if such employee were to be terminated as of the day hereunder) pursuant to the Severance Pay Law, 5723-1963 (the “Severance Pay Law”) are fully funded (in accordance with the provisions of Section 14 of the Severance Pay Law).

 4.18.5. Each of the Company and each Subsidiary of the Company is, and at all relevant times has been, in compliance in all material
respects (including in relation to its Benefit Plans) with all applicable laws and orders with respect to labor relations, employment and employment practices, occupational safety and health standards, terms and conditions of employment, payment of
wages, classification of employees (whether for determination of overtime payment or as consultants/contractors or employees), employment discrimination, age discrimination, tax withholding, social security contributions, immigration, visa, work
status, human rights, pay equity and workers’ compensation, and is not engaged in any unfair labor practice. 
 4.19. Brokers.
Except as set forth in Schedule 4.19 hereto, no agent, broker, investment banker, person or firm acting in a similar capacity on behalf of or under the authority of the Company is or will be entitled to any broker’s or finder’s fee
or any other commission or similar fee, directly or indirectly, on account of any action taken by the Company in connection with any of the transactions contemplated under the Transaction Documents or with respect to any past investment or financing
transaction concluded by the Company in the past. The Company shall indemnify and hold the Investors harmless from and against any claim or liability resulting from any party claiming any such commission or fee, if such claims shall be contrary to
the foregoing statement. 
 4.20. Government Funding. Schedule 4.20 sets forth all material, tax or other, pending,
outstanding and granted grants, incentives, exemptions and subsidies from the Government of the State of Israel or any agency thereof, or from any other governmental entity, granted to Company (including the grant of “Privileged
Enterprise” status by the Investment Center, pursuant to the Israeli Law for the Encouragement of Capital Investment, 5719-1959, and grants from the OCS (collectively, “Grants”), and of
all letters of approval, certificates of completion, and supplements and amendments thereto, granted to Company. The Company is in full compliance with the terms of all Grants and has duly fulfilled in all material respects all the undertakings
required thereby. The Grants are in full force and effect and there are no circumstances which would justify the challenge, stay or cancellation of any such schemes. 

  
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 4.21. Permits. Except as set forth in Schedule 4.21, the Company has all applicable
governmental and municipal permits, licenses and any similar authority necessary for the conduct of its business. The Company is not in default in any material respect under any of such permits, licenses or other similar authority, and the Company
has not received notice of any revocation or modification of any such permits and has no reason to believe that any such permits will be revoked, modified, or will not be renewed in the ordinary course. The Company has not received any notice of
adverse finding, untitled letter or other correspondence or notice from any governmental authority alleging or asserting non-compliance with any laws, statutes, regulations, rules, ordinances or orders to which it is subject or which are applicable
to its business, operations, employees, assets or properties (the “Laws”) or any licenses, certificates, approvals, clearances, authorizations, permits and supplements or amendments thereto required by any such Laws (the
“Authorizations”) nor any warning letter from the U.S. Food and Drug Administration containing any unresolved issues concerning noncompliance with any Laws or Authorizations that could reasonably be expected to adversely affect the
Company. 
 4.22. Clinical Studies. (i) All studies, tests and pre-clinical and clinical trials conducted for the Company by the
institutions in which they were or are conducted, were and, if still conducted, are, in all material respects, being conducted in accordance with experimental protocols, procedures and controls pursuant to accepted professional scientific standards
and all Laws and Authorizations, and (ii) the results of such studies, tests and trials are accurate and complete in all material respects and fairly present the data derived from such studies, tests and trials; there are no such studies, tests
or trials the results of which the Company reasonably believes call into question the study, test, or trial results when viewed in the context in which such results are described and the clinical state of development; and the Company has not
received any notices or correspondence from any governmental authority requiring the termination, suspension or material modification of any studies, tests or pre-clinical or clinical trials conducted by or for the Company. 

4.23. No Insolvency. No insolvency proceeding of any character, including, without limitation, bankruptcy, receivership,
reorganization, composition or arrangement with creditors, voluntary or involuntary, affecting the Company or any of its assets or properties, is pending or, to the knowledge of the Company, threatened. The Company has not taken any action in
contemplation of, or that would constitute the basis for, the institution of any such insolvency proceedings. 
 4.24. Full
Disclosure. The Company has provided the Investors with all information the Investors have requested. Neither this Agreement nor any of the Transaction Documents, including representations or warranties of the Company contained in this Agreement
and the Transaction Documents, as qualified in the attached schedules, nor any certificate furnished or to be furnished to Investors at the Closing, contains any untrue statement of a material fact or omits to state a material fact necessary to make
the statements contained herein or therein true, complete and not misleading. There is no material fact, individually or in the aggregate, or material information relating to the condition (financial or otherwise), current affairs, current
operations, or assets of the Company that has not been disclosed to the Investors in writing by the Company. 
 4.25. Consents. The
Company has secured all permits, consents and authorizations that are necessary or required lawfully to consummate the transactions contemplated under the Transaction Documents including for the issuance of the Purchased Shares and the Warrants at
the Closing. 
 4.26. Offering Exemption. The offering, sale and issuance of the Securities as contemplated hereby have been, are,
and will be exempted from Section 15(a) of the Israeli Securities Law, 5728-1968. The Company has taken or will, prior to Closing, take all action necessary to be taken to comply with Section 15A of the Israeli Securities Law, 5728-1968,
and there were less than 35 offerees, in the aggregate, to whom the Company, and any of its respective representatives made an offering in Israel of any securities of the Company in the past twelve months. 

4.27. Knowledge. Whenever in this Section 4 there is reference to the knowledge of the Company (or best knowledge or any similar
expression), such knowledge shall be deemed to include the knowledge of its office holders (as such term is defined in the Companies Law, 1999) (including the Founder) in their capacity as such. 

  
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 5. Effectiveness; Survival; Indemnification 

5.1. Each representation and warranty herein is deemed to be made on the date of this Agreement and at the Closing, and, subject to Section
5.2 below, shall survive and remain in full force and effect after the Closing. The Company shall indemnify each Investor (including its directors, officers, affiliates employees and agents) against, and hold the Investors harmless from any and all
damages, reasonable attorney fees, losses, costs, expenses and/or liabilities (collectively, “Losses”) sustained or incurred by such Investor resulting from, or arising out of, or in connection with, a breach of its respective
representations, warranties or covenants made in the Transaction Documents, and all actions, suits, proceedings, judgments, costs and legal or other expenses (collectively, “Expenses”) incident to any of the foregoing or the
enforcement of the provisions hereof, provided that such Losses and Expenses exceed US $10,000 for each individual claim and US $50,000 in the aggregate, in which case such Expenses will be covered from the first dollar of
Losses or Expenses incurred or sustained. 
 5.2. Unless otherwise set forth in the Schedules hereto, each representation and warranty
provided to the Investors herein is deemed to be made on the date of this Agreement and at the Closing Date, and shall survive and remain in full force and effect after the Closing Date (i) indefinitely (subject only to statute of limitations)
with respect to the representations stated in Sections 4.1, 4.2 and 4.7, (ii) for a period of 36 months, with respect to the representations in Sections 4.11, 4.12 and 4.13, and (iii) for a period of 24 months with respect to all other
representations. The aforesaid time limitation shall not apply in connection with claims made for fraud, willful misconduct or intentional or willful misrepresentation. 

5.3. Except in connection with claims made for fraud, willful misconduct or intentional or willful misrepresentation on the part of the
Company, the total liability for indemnification under Sections 5.1 and 5.2, in the aggregate, shall not exceed, with respect to each of the Purchasers, such Purchaser’s respective Investment Amount, plus reasonable actual legal and other
reasonable actual direct out-of-pocket costs and expenses incurred by the Investors in enforcing their rights hereunder. 
 5.4.
Notwithstanding anything to the contrary hereunder, in the event of any breach or misrepresentation by the Company which relates to the capitalization of the Company (a “Capitalization Inaccuracy”), which results in the percentage
holdings of any Investor(s) as reflected in the cap table being reduced due to such breach from the percentage that such Investor were to hold at the Closing Date had such Capitalization Inaccuracy not occurred (a “Dilutive
Issuance”), then the Company shall indemnify such Investor so affected by such Capitalization Inaccuracy, solely by issuing to such Investor additional Purchased Shares and Warrants (unless such act does not cure all their Losses, in which
case such cure shall be irrespective of any of their other rights hereunder with respect to such other Losses), for no additional consideration, at such number of Purchased Shares and Warrants which shall bring such Investor’s percentage
holdings in the Company at the Closing Date, to the percentage holdings (on both an issued and outstanding (as-converted) basis and on a Fully-Diluted Basis) such Investor were to have at the Closing Date had the Dilutive Issuance not occurred
(“Capitalization Adjustment Shares”). 
 5.5. The right to indemnification, payment of Losses and Expenses, or any other
remedy will not be affected by any investigation conducted with respect to, or any knowledge acquired (or capable of being acquired) at any time, whether before or after the execution and delivery of this Agreement or the Closing Date, with respect
to the accuracy or inaccuracy of or compliance with, any representation, warranty, covenant or agreement made by the Company or any other matter. The waiver of any condition based on the accuracy of any such representation or warranty, or on the
performance of or compliance with any such covenant or agreement, will not affect the right to indemnification, payment of Losses and Expenses, or any other remedy based on any such representation, warranty, covenant or agreement. No Investor shall
be required to show reliance on any representation, warranty, certificate or other agreement in order for such Investor to be entitled to indemnification hereunder. 

6. Representations and Warranties of the Investors. Each Investor hereby represents and warrants, severally and not jointly, to the Company and the
other Investors as follows: 
 6.1. Organization and Standing. If the Investor is an entity: The Investor is an entity duly organized
and validly existing under the laws of the state of its jurisdiction. No proceeding or resolution for bankruptcy, dissolution, liquidation, winding-up, appointment of a receiver and/or similar proceeding has been instituted or taken by the Investor,
and, to the best of its knowledge, no such proceeding has been instituted or threatened against it. 

  
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 6.2. Enforceability. The Investor has the full power and authority to enter into, execute
and deliver this Agreement and all Transaction Documents. This Agreement, the Transaction Documents and the agreements to be executed by such Investor under this Agreement, when executed and delivered by such Investor, will constitute valid, binding
and enforceable obligations of such Investor in accordance with its respective terms. 
 6.3. Authorization. The execution, delivery
and performance of the obligations of such Investor of this Agreement and all Transaction Documents have been (or, in the case of the other Transaction Documents, will, by the Closing, have been) duly approved and authorized by all necessary
corporate action, and this Agreement and the Transaction Documents were (or, in the case of the other Transaction Documents, will, by the Closing, have been) signed by its duly authorized representatives and constitutes a valid and legally binding
obligation on it. Neither the execution and delivery of this Agreement nor performance by the Investor of the respective terms thereof, will conflict with, or result in a breach or violation of, any of the terms, conditions and provisions of any of
its corporate documents, (i) any judgment, order, injunction, decree, or ruling of any court or governmental authority, domestic or foreign, to which it is aware and subject, (ii) any agreement, contract, lease, license or commitment to
which it is party or to which it is subject, or (iii) to its knowledge, any applicable laws. No approval or consent from any person, entity or authority, is required by it for the execution, delivery and performance by it of this Agreement and
the Transaction Documents, which has not been or will not be obtained by the Closing. 
 6.4. Experience. Without derogating from the
representations provided to it under Section 4 herein, such Investor is an experienced investor, and has had an opportunity to discuss the Company’s business, management, financial affairs of Company and the terms and conditions of the
transaction contemplated hereunder with the Company’s management and has had an opportunity to review the Company’s facilities. The Investor recognizes that the investment in the Company’s shares involves special risks, and represents
that it is an investor in securities of start-up companies in the development stage and has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of its investment in such shares, and has
the ability to bear the economic risks of its investment. Each Investor represents and agrees that the Securities being acquired by it hereunder are purchased only for investment, for its own account, and without any present intention to sell or
distribute such Securities or any part thereof. 
 6.5. Foreign Investor. If the Investor is a US Person as such term is defined
under applicable US securities laws, such Investor confirms that it is an Accredited Investor (as such term is defined under applicable US securities laws). 

6.6. Brokers. The Investor shall indemnify and hold the Company harmless from and against any claim or liability resulting from any
party claiming it is entitled to any broker’s or finder’s fee or any other commission or similar fee, directly or indirectly, on account of any action taken by such Investor in connection with any of the transactions contemplated under the
Transaction Documents. 
 7. Conditions of Closing of the Investors. The obligations of each Investor to purchase its portion of the Purchased Shares
at the Closing by transfer of its portion of the Investment Amount are subject to the fulfillment at or before the Closing of the following conditions precedent to the full satisfaction of each Investor, any one or more of which may be waived in
whole or in part by each of the Investors, which waiver shall be at the sole discretion of each of the Investors and in which case such waiver shall apply only with respect to such Investor: 

7.1. Representations and Warranties. The representations and warranties made by the Company in this Agreement shall have been true and
correct when made, and shall be true and correct as of the Closing as if made on the Closing Date. 
 7.2. Legal Investment. The sale
and issuance of the Securities shall be legally permitted by all laws and regulations to which the Investors and the Company are subject. 

7.3. Covenants. All covenants, agreements, and conditions contained in this Agreement to be performed or complied with by the Company
prior to the Closing shall have been performed or complied with by the Company, prior to or at the Closing. 

  
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 7.4. Delivery of Documents. All of the documents to be delivered by the Company pursuant
to Section 3.2 shall have been fully and duly executed (if applicable) and delivered to the Investors in accordance with the provisions thereof. The Shareholders Rights Agreement and the Shareholders Agreement shall have been fully-executed by all
shareholders whose names appear as intended signatories thereto. 
 7.5. Consents, Permits, and Waivers. The Company shall have
obtained any and all consents, permits and waivers necessary or appropriate for consummation of the transactions contemplated by the Transaction Documents except for such as may be properly obtained subsequent to the Closing. 

7.6. Proceedings and Documents. All corporate and other proceedings in connection with the transactions contemplated by the Transaction
Documents and all documents and instruments incident to such transactions shall be satisfactory in substance and form to the Investors and their counsel, and the Investors and their counsel shall have received all such counterpart copies of such
documents as the Investors or their counsels may reasonably request. 
 7.7. Completion of Due Diligence. The Lead Investor has
completed, to its full satisfaction, a legal, financial and intellectual property due diligence examination. 
 7.8. Minimum
Investment. Subject to section 2 above, Company Shareholders shall invest at least $1,000,000 as Investors hereunder and Lead Investor (Gabriel Capital Fund (Israel), L.P. (currently in formation) and/or Gabriel Capital Fund (US), L.P.) shall
invest at least $2,000,000 as Investor hereunder. 
 8. Conditions of Closing of the Company. The Company’s obligations to sell and issue the
Purchased Shares and the Warrants at the Closing are subject to the fulfillment at or before the Closing of the following conditions precedent, any one of which may be waived in whole or in part by the Company, and which waiver shall be at the sole
discretion of the Company: 
 8.1. Representations and Warranties. The representations and warranties made by the Investors in this
Agreement shall have been true and correct when made, and shall be true and correct as of the Closing Date. 
 8.2. Covenants. All
covenants, agreements and conditions contained in this Agreement to be performed, or complied with, by the Investors prior to or at the Closing shall have been performed or complied with by the Investors prior to or at the Closing. 

8.3. Investment. Each Purchaser shall have delivered its respective portion of the Investment Amount. 

8.4. Delivery of Documents. All of the documents to be delivered by the Investors pursuant to Section 3.2 shall have been fully and
duly executed (if applicable) and delivered to the Company in accordance with the provisions thereof. 
 8.5. Office of Chief
Scientist’s Undertaking. On or prior to the Closing, to the extent required by applicable law, each of the Investors shall have executed an undertaking in the form substantially attached hereto as Schedule 8.4. 

9. Affirmative Covenants 
 9.1. Use of
Proceeds. The proceeds of the Investment Amount shall be used by the Company in accordance with the Company’s two-year business plan and budget attached hereto as Schedule 9.1 (the “Budget”), as amended by the Board
from time to time following the Closing, in accordance with the provisions of the Amended Articles. 
 9.2. Legal Fees, Expenses.
Other than as set forth in this Section 9.2, and the Company’s obligations under Section 5, each of the Investors and the Company will be responsible for and bear all of its own costs and expenses (including any broker’s or finder’s
fees and the expenses of its representatives) incurred at any time in connection with the transactions contemplated hereunder. Subject to consummation of the transactions contemplated hereunder, the Company shall reimburse the Lead Investor at the
Closing, from the proceeds of the Investment hereunder, for its due diligence, legal and accounting fees plus expenses actually incurred with respect to the transactions contemplated by this Agreement; provided, however, that such
reimbursement shall not exceed US $60,000 plus Value Added Tax, to the extent applicable. 

  
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 10. Miscellaneous 

10.1. Further Assurances. Each of the parties hereto shall perform such further acts and execute such further documents as may
reasonably be necessary to carry out and give full effect to the provisions of this Agreement and the intentions of the parties as reflected thereby. 

10.2. Governing Law; Jurisdiction. This Agreement shall be governed by and construed according to the laws of the state of Israel
without regard to the conflict of laws provisions thereof. Any dispute arising under or in relation to this Agreement shall be resolved in the competent courts of Tel Aviv only, and each of the parties hereby submits irrevocably to the exclusive
jurisdiction of such courts. 
 10.3. Successors and Assigns; Assignment. Except as otherwise expressly limited herein, the
provisions hereof shall inure to the benefit of, and be binding upon, the successors, assigns, heirs, executors, and administrators of the parties hereto. None of the rights, privileges, or obligations set forth in, arising under, or created by this
Agreement may be assigned or transferred (i) by the Company, without the prior consent in writing of the Majority Investors, or (ii) by an Investor (except to a Permitted Transferee (as defined in the Amended Articles), or to a
transferee of such Investor to the extent such transferee acquires (in accordance with and subject to the provisions regarding transfer of securities under the Amended Articles) Securities), without the prior consent of the Company. 

10.4. Entire Agreement and Amendment. This Agreement and the Schedules hereto constitute the full and entire understanding and
agreement between the parties with regard to the subject matters hereof and thereof (and shall supersede and replace in their entirety any Term Sheet discussed and/or signed relating to this investment). Any term of this Agreement may be amended
only with the written consent of the Company and the Investors who have invested the majority of the Investment Amount hereunder, which majority shall include the Lead Investor and any Investor who has invested at least $3,000,000 hereunder (the
“Majority Investors”). 
 10.5. Notices. 

10.5.1. All notices and other communications made pursuant to this Agreement shall be in writing and shall be conclusively deemed to have been
duly given: 
 (i) in the case of hand delivery to the address shown below, on the next Business Day after delivery; 

(ii) in the case of delivery by an internationally recognized overnight courier to the address set forth below, freight prepaid, on the next
Business Day after delivery; 
 (iii) in the case of a notice sent by facsimile or e-mail transmission to the number, and addressed as, set
forth below, on the next Business Day after delivery, if facsimile or e-mail transmission is confirmed; 
 When, “Business
Day” means a day on which the banks are open for business in the country of receipt of any notice. 
 10.5.2. The parties’
contact details shall be as set forth in Schedule 10.5 to this Agreement. A party may change or supplement the contact details for service of any notice pursuant to this Agreement, or designate additional addresses, facsimile numbers and
email addresses for the purposes of this Section 10.5 by giving the other party written notice of the new contact details in the manner set forth above. 

10.6. Delays or Omissions. No delay or omission to exercise any right, power, or remedy accruing to any party upon any breach or
default under this Agreement, shall be deemed a waiver of any other breach or default theretofore or thereafter occurring. Any waiver, permit, consent, or approval of any kind or character on the part of any party of any breach or default under this
Agreement, or any waiver on the part of any party of any provisions or conditions of this Agreement, must be in writing and shall be effective only to the extent specifically set forth in such writing. All remedies, either under this Agreement or by
law or otherwise afforded to any of the parties, shall be cumulative and not alternative. 
 10.7. Severability. If any provision of
this Agreement is held by a court of competent jurisdiction to be unenforceable under applicable law, then such provision shall be excluded from this Agreement and the 

  
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remainder of this Agreement shall be interpreted as if such provision were so excluded and shall be enforceable in accordance with its terms; provided, however, that in such event
this Agreement shall be interpreted so as to give effect, to the greatest extent consistent with and permitted by applicable law, to the meaning and intention of the excluded provision as determined by such court of competent jurisdiction. All of
the Investors’ undertakings and obligations set forth in this Agreement are several, and not joint. 
 10.8. Counterparts. This
Agreement may be executed in any number of counterparts, each of which shall be deemed an original and enforceable against the parties actually executing such counterpart, and all of which together shall constitute one and the same instrument. 

10.9. Exculpation Among Investors. Each Investor acknowledges that it is not relying upon any person, firm or corporation (including
without limitation any other Investor), other than the representations as set forth in this Agreement in deciding to invest and in making its investment in the Company. Each Investor agrees that no other Investor, nor the respective controlling
persons, officers, directors, partners or employees of any other Investor shall be liable to such Investor for any losses incurred by such Investor in connection with its investment in the Company. 

10.10. Aggregation of Shares; Administration Simplicity. All Purchased Shares held or acquired by an Investor and its affiliates
(including any entity controlled by, controlling or under common control with such Investor and as to any Investor which is a partnership, shares held by its partners and its affiliated partnerships managed by the same management company or managing
general partner or by an entity which controls, is controlled by, or is under common control with, such management company or managing general partner and as to any Investor which is a limited liability company, shares held by its members) shall be
aggregated together for the purpose of determining the availability of any rights under this Agreement. 
 IN WITNESS WHEREOF the parties
have duly signed this Securities Purchase Agreement as of the date first hereinabove set forth. 
 (Signature pages to follow) 

  
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 [EXECUTION PAGE TO SECURITIES PURCHASE AGREEMENT] 

 

									
	ReWalk Robotics Ltd.	 		 	Gabriel Capital Management (GP) Ltd.
					
	By (sign name):	 	  
	 		 	By (sign name):	 	  

					
	Print Name:	 	  
	 		 	Print Name:	 	Gary Leibler
					
	Title:	 	  
	 		 	Title:	 	Director
					
	Date:	 	  
	 		 	Date:	 	  

			
	 Gabriel Capital Fund (US), L.P.
  

By: Gabriel Capital Management (GP) Ltd., its general partner
	 		 	Gabriel Capital Management (GP) Ltd. for and on behalf of a limited partnership in formation in the State of Israel, to be known as “Gabriel Capital Fund (Israel), L.P.” or such other name
designated by Gabriel Capital Management (GP) Ltd.
					
	By (sign name):	 	  
	 		 	By (sign name):	 	  

					
	Print Name:	 	Gary Leibler	 		 	Print Name:	 	  

					
	Title:	 	Director	 		 	Title:	 	  

					
	Date:	 	  
	 		 	Date:	 	  

				
	Gabriel Capital Management Ltd.	 		 		 	
					
	By (sign name):	 	  
	 		 		 	
					
	Print Name:	 	Gary Leibler	 		 		 	
					
	Title:	 	Director	 		 		 	
					
	Date:	 	  
	 		 		 	

  

  
 - 24 - 

 [EXECUTION PAGE TO SECURITIES PURCHASE AGREEMENT] 

 

			
	Investor’s Name:	 	  

		
	By (sign name):	 	  

		
	Print Name:	 	  

		
	Title:	 	  

		
	Date:	 	  

		
	Investment Amount: $	 	  

 [Securities Purchase Agreement – Investors’ Signature Page] 

  
 - 25 - 

 Schedule B. – INVESTORS 

 

									
	 Name of Investor
	  	Portion of
Aggregate
Investment
Amount	 	  	Purchased
Shares	 	Address
	 Gabriel Capital Fund (US), L.P.*
	  	$	1,772,400	  	  	8,226	 	c/o Shavit Capital, Jerusalem
Technology Park, Building 1B,
Box 70, Malha, Jerusalem
96951 Israel
	 Gabriel Capital Management (GP) Ltd. for and on behalf of a limited partnership in formation in the State of Israel, to be known as
“Gabriel Capital Fund (Israel), L.P.” or such other name designated by Gabriel Capital Management (GP) Ltd.*
	  	$	227,600	  	  	1,056	 	c/o Shavit Capital, Jerusalem
Technology Park, Building 1B,
Box 70, Malha, Jerusalem
96951 Israel
	 Gabriel Capital Management Ltd. and/or such persons and/or entities (who are not purchasing any Purchased Shares) as to whom Gabriel
Capital Management Ltd. shall notify the Company in writing prior to the Closing, which other persons and/or entities shall be deemed to be “Investors” for the purposes of this Agreement and who, without being required to sign this
Agreement, shall be deemed to be third-party beneficiaries of this Agreement for all relevant purposes hereof and who, for the avoidance of any doubt, shall be entitled (and/or for whom Gabriel Capital Management Ltd. shall be entitled) to enforce
the rights of an “Investor” under this Agreement insofar as they relate to the Warrants and Warrant Shares.
	  	$	0	  	  	0
 [i.e. Will
receive
zero
Purchased
Shares,
but
will
be
granted
Warrants]
	 	c/o Shavit Capital, Jerusalem
Technology Park, Building 1B,
Box 70, Malha, Jerusalem
96951 Israel
	 Gabriel (Gabe) Menaged
	  	$	100,000	  	  	464	 	c/o Shavit Capital, Jerusalem
Technology Park, Building 1B,
Box 70, Malha, Jerusalem
96951 Israel
	 Collace Services Ltd
	  	$	400,000	  	  	1,857	 	Attention: John Germain, PO
Box 510, Ground Floor, 2 Hill
Street, St. Helier, Jersey, JE4
5TR
	 SCP Vitalife Partners II L.P.
	  	$	375,841	  	  	1,744	 	32b Habarzel St., Tel Aviv
69710
	 SCP Vitalife Partners (Israel) II L.P.
	  	$	125,536	  	  	583	 	32b Habarzel St., Tel Aviv
69710
	 G-TEN Partners LLC
	  	$	1,000,000	  	  	4,641	 	1212 Avenue of the Americas,
19th floor, New York, New
York. 10036, USA
	 Pontifax (Cayman) II, L.P.
	  	$	733,256	  	  	3,403	 	8 Hamenufim St., Herzleia
46725
	 Pontifax (Israel) II, L.P.
	  	$	552,334	  	  	2,564	 	8 Hamenufim St., Herzleia
46725

  
 - 26 - 

									
	 Pontifax (Israel) II - Individual Investors, L.P.
	  	$	214,410	  	  	995	  	8 Hamenufim St., Herzleia
46725
	 Mount Hermon Ltd
	  	$	500,000	  	  	2,321	  	
	 Core Gabriel Ltd
	  	$	400,000	  	  	1,857	  	
	 East Bayview Holdings LLC
	  	$	250,000	  	  	1,160	  	
	 OurCrowd (Investment in Argo) L.P.
	  	$	588,909	  	  	2,733	  	c/o OurCrowd Management Ltd.
14 Rabbi Akiva Street,
Jerusalem, Israel
	 OurCrowd (Investment in Argo - II) L.P.
	  	$	90,727	  	  	421	  	c/o OurCrowd Management Ltd.
14 Rabbi Akiva Street,
Jerusalem, Israel
	 OurCrowd (Investment in Argo - III) L.P.
	  	$	486,607	  	  	2,259	  	c/o OurCrowd Management Ltd.
14 Rabbi Akiva Street,
Jerusalem, Israel
	 OurCrowd (Investment in Argo - IV) L.P.
	  	$	486,607	  	  	2,259	  	c/o OurCrowd Management Ltd.
14 Rabbi Akiva Street,
Jerusalem, Israel
	 OurCrowd (Investment in Argo - V) L.P.
	  	$	492,974	  	  	2,288	  	c/o OurCrowd Management Ltd.
14 Rabbi Akiva Street,
Jerusalem, Israel
	 OurCrowd International Investment II L.P.
	  	$	46,300	  	  	215	  	c/o OurCrowd Management Ltd.
14 Rabbi Akiva Street,
Jerusalem, Israel
	 Bearing Capital Ltd
	  	$	700,000	  	  	3,249	  	
	 Technion R&D Foundation
	  	$	90,634	  	  	421	  	Kiryat HaTechnion, Haifa,
Israel. Postcode: 32000
	 Joaquin Gari de Sentmenat
	  	$	487,165	  	  	2,261	  	32B Habarzel Street, Ramat
Hachayal, Tel Aviv 69710,
Israel.
		  				  		  	
	 Israel Healthcare Ventures 2 LP Incorporated
	  	$	2,078,700	  	  	9,648	  	32B Habarzel Street, Ramat
Hachayal, Tel Aviv 69710,
Israel.
		  				  		  	
	 Pro-Seed Venture Capital Fund
	  	$	350,000	  	  	1,624	  	85 Yehuda Halevi St., Tel Aviv
65796, Israel
		  				  		  	
	 Previz Ventures L.P.
	  	$	450,000	  	  	2,089	  	Aharon Beker 1, Tel Aviv-Yafo
69643, Israel.
		  	  
	  
	 	  	  
	  	
	 TOTAL
	  				  		  	
		  	  
	  
	 	  	  
	  	

  

	*	The Lead Investor may inform the Company of a different allocation between the two funds prior to Closing. Without derogating from any of Lead Investor’s and such funds’ rights, it is hereby clarified that
either of the funds may also transfer shares and Warrants to the other fund following the Closing, subject to the Transaction Documents. 

  
 - 27 -EX-10.9

 Exhibit 10.9 

AMENDED AND RESTATED SHAREHOLDERS’ RIGHTS AGREEMENT 

THIS AMENDED AND RESTATED SHAREHOLDERS’ RIGHTS AGREEMENT (this “Agreement”) is made as of the 14th day of July, 2014 (the “Effective Date”), by and among ReWalk Robotics Ltd of Kokhav Yokneam Building, P.O. Box 161, Yokneam Ilit 20692, Israel (the
“Company”); the holder(s) of Ordinary Shares of the Company listed in Schedule A. hereto (the “Ordinary Holders”), and the holders of Preferred Shares (as defined below) listed on Schedule B. hereto
(collectively, the “Preferred Holders” and individually, a “Preferred Holder”). 
 WHEREAS, the
Ordinary Holders and certain of the Preferred Holders have previously entered into a Shareholders Rights Agreement dated September 30, 2013 (the “Previous SRA”); 

WHEREAS, the Preferred Holders are the holders of all issued and outstanding Preferred Shares of the Company; 

WHEREAS, one of the conditions to the investment by some of the Preferred Holders in the Company pursuant to the terms of that certain
Securities Purchase Agreement dated June 26, 2014 by and between such Preferred Holders and the Company (the “Series E SPA”), is the execution of this Agreement by all parties hereto; and 

WHEREAS, the Ordinary Holders, the Preferred Holders and the Company hereby agree that this Agreement amends and restates the Previous SRA in
its entirety and as of the Effective Date shall govern the rights of the Shareholders with respect to the subject matters set forth in this Agreement. 

NOW, THEREFORE, in consideration of the mutual promises and covenants set forth herein, the parties hereby agree as follows: 

1. Definitions. As used herein, the following terms have the following meanings ascribed thereto. All capitalized terms used, but not defined herein,
shall have the respective meanings attributed to them in the Articles of Association of the Company in effect: 
 1.1.
“Affiliate” shall include (i) any entity directly or indirectly controlled by, controlling or under common control with a party and (ii) as to any party which is a limited partnership, any of its partners or members and
any of its affiliated limited partnerships managed by the same management company or managing general partner or any entity which directly or indirectly controls, is controlled by, or is under common control with, such partner or management company
(including limited partners or members of such). For the purpose above control shall mean the holding, directly or indirectly, of more than 50% of the share or voting rights in such entity. 

1.2. “Business Day” shall mean any day other than a Friday, Saturday or Sunday or a day on which banks in the State of New
York or the State of Israel are permitted or required to close. 
 1.3. “Commission” or “SEC” shall mean
the Securities and Exchange Commission or any other federal agency at the time administering the Securities Act (as defined below). 
 1.4.
“Exchange Act” shall mean the Securities Exchange Act of 1934, as amended, or any similar federal statute and the rules and regulations thereunder, all as the same shall be in effect at the time. 

1.5. “Form S-3” shall mean Form S-3 or Form F-3 under the Securities Act, as in effect on the date hereof or any registration
form under the Securities Act subsequently adopted by the SEC which permits inclusion of substantial information by reference to other documents filed by the Company with the SEC. 

1.6. “Founder” shall mean Dr. Amit Goffer. 

1.7. “Gabriel” shall mean Gabriel Capital Management (GP) Ltd. and its Permitted Transferees. 

1.8. “Holder” shall mean any person owning Registrable Securities (including, for the avoidance of doubt any person holding a
Warrant for the Warrant E Shares) or any assignee thereof in accordance with the terms of this Agreement. 
 1.9. “IHCV”
shall mean Israel Healthcare Ventures 2 LP Incorporated and its Permitted Transferees. 
 1.10. “Initiating Holders” shall
mean the Preferred Majority. 
 1.11. “IPO” shall mean the closing of the initial sale of Ordinary Shares of the Company to
the public in a bona fide firm commitment underwriting pursuant to a registration statement under the Securities Act or of other applicable securities law of another jurisdiction in any internationally-recognized stock exchange. 

1.12. “Lead E Investor” shall mean Gabriel and each Holder of Preferred E Shares who invested at least $3,000,000 in the
Series E SPA. 

 1.13. “Major Shareholder” shall mean a shareholder of the Company who became a
shareholder through the investment of funds in the Company as part of a round of investment, any Permitted Transferee thereof, and any other transferee thereof (or of a Permitted Transferee) who was approved by the Board. 

1.14. “Preferred Majority” shall mean the holders of 65% or more of the issued and outstanding Preferred Shares, calculated
on an as converted basis. 
 1.15. “Ordinary Shares” shall include the Ordinary A Shares NIS 0.01 par value each of
the Company and the Ordinary B Shares NIS 0.01 par value each of the Company. 
 1.16. “Pontifax” Each of Pontifax
Ltd. and its Permitted Transferees. 
 1.17. “Preferred Directors” shall mean the directors on the Board of Directors of
the Company (“Board”) appointed by Vitalife, IHCV, Pontifax and YEC. 
 1.18. “Preferred A Shares” shall
mean Series A Preferred Shares, NIS 0.01 par value each of the Company. 
 1.19. “Preferred B Shares” shall mean
Series B Preferred Shares, NIS 0.01 par value each of the Company. 
 1.20. “Preferred B Shares Holders” shall mean
shareholders of the Company holdings Preferred B Shares. 
 1.21. “Preferred C Shares” shall include the Series C-1
Preferred Shares, NIS 0.01 par value each of the Company and the Series C-2 Preferred Shares, NIS 0.01 par value each of the Company. 

1.22. “Preferred C Shares Holders” shall mean shareholders of the Company holdings Preferred C Shares. 

1.23. “Preferred D Shares” shall include the Series D-1 Preferred Shares, NIS 0.01 par value each of the Company, the
Series D-2 Preferred Shares, NIS 0.01 par value each of the Company, the Series D-3 Preferred Shares, NIS 0.01 par value each of the Company, and the Series D-4 Preferred Shares, NIS 0.01 par value each of the Company. 

1.24. “Preferred D Shares Holders” shall mean shareholders of the Company holdings Preferred D Shares. 

1.25. “Preferred E Shares” shall mean Series E Preferred Shares, NIS 0.01 par value each of the Company (including, for
the avoidance of doubt, the Warrant E Shares). 
 1.26. “Preferred E Shares Holders” shall mean shareholders of the Company
holdings Preferred E Shares. 
 1.27. “Preferred Shares” shall mean the Preferred A Shares, the Preferred B Shares, the
Preferred C Shares, the Preferred D Shares and the Preferred E Shares, collectively. 
 1.28. “Register”,
“Registered” and “Registration” shall refer to a registration affected by filing a registration statement in compliance with the Securities Act and the declaration or ordering by the Commission of effectiveness of
such registration statement, or the equivalent actions under the laws of another jurisdiction. 
 1.29. “Registrable
Securities” shall mean all of the following to the extent the same have not been sold to the public: (i) any and all Ordinary Shares of the Company issued or issuable upon conversion of Preferred Shares; (ii) in case of the
Founder – the Ordinary Shares of the Company held by him as of the date hereof; (iii) shares issued in respect of shares referred to in (i) and (ii) above in any reorganization; (iv) shares issued in respect of the shares referred to
in (i), (ii) or (iii) above as a result of a share split, share dividend or bonus shares, recapitalization or combination. Notwithstanding the foregoing, Registrable Securities shall not include otherwise Registrable Securities: (a) sold by a
person in a transaction in which his rights under this Agreement are not properly assigned; (b) (x) sold to or through a broker or dealer or underwriter in a public distribution or a public securities transaction, or (y) the
registration rights of which have been terminated pursuant to this Agreement, or (c) that could be sold by the Holder thereof pursuant to Rule 144(b)(1) promulgated under the Securities Act if Registrable Securities then held by such Holder (in
the aggregate) constitute (x) prior to the expiration of any “lock-up agreement” entered into with the underwriters of the IPO, less than one percent (1%) of the Company’s outstanding equity securities, and (y) after
such time, less than five percent (5%) of the Company’s outstanding equity securities. 
 1.30. “Rule 144” shall
mean Rule 144 under the Securities Act or any successor or similar rule as may be enacted by the Commission from time to time, but shall not include Rule 144A. 

  
 - 2 - 

 1.31. “Rule 144A” shall mean Rule 144A under the Securities Act or any successor
or similar rule as may be enacted by the Commission from time to time, but shall not include Rule 144. 
 1.32. “Rule 145”
means Rule 145 under the Securities Act or any successor or similar rule as may be enacted by the Commission from time to time. 
 1.33.
“Securities Act” shall mean the United States Securities Act of 1933, as amended, or any similar US federal statute and the rules and regulations thereunder, all as the same shall be in effect at the time. 

1.34. “Shareholders” shall mean the Ordinary Holders and the Preferred Holders collectively (each of whom individually a
“Shareholder”). 
 1.35. “Vitalife” shall mean each of: SCP Vitalife Partners II, L.P., SCP Vitalife
Partners (Israel) II, L.P., and their Permitted Transferees. 
 1.36. “Warrant E Shares” shall mean the Preferred E Shares
issuable upon the exercise of the Warrants granted to the Investors pursuant to and as defined in the Series E SPA, and shall include any Ordinary Shares issuable upon the conversion of the Warrant E Shares. 

1.37. “YEC” shall mean Yaskawa Electric Corporation and its Permitted Transferees. 

2. Affirmative Covenants. The Company covenants that: 

2.1. Delivery of Financial Statements to Shareholders. Until the IPO, the Company shall deliver to each shareholder, as soon as
practicable, but in any event within ninety (90) days after the end of each fiscal year of the Company, audited financial statements, including a consolidated balance sheet of the Company and its subsidiaries (if applicable) as of the end of
such year, and consolidated statements of income and statements of cash flow of the Company for such year, setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail, prepared in accordance with
Israeli Generally Accepted Accounting Principles (“GAAP”), audited by a firm of Independent Certified Public Accountants which is one of (or is affiliated with one of) the “Big Four” US accounting firms and accompanied by
an opinion of such firm which opinion shall state that such financial statements have been prepared in accordance with GAAP applied on a basis consistent with that of the preceding fiscal year, and present fairly and accurately the financial
position of the Company as of their date, and that the audit by such accountants in connection with such financial statements has been made in accordance with generally accepted auditing standards. 

2.2. Reporting to the Board. The Company covenants that until the IPO it shall deliver to each of its appointed directors, and
concurrently to each observer, the following reports: 
 2.2.1. As soon as practicable, but in any event within forty five (45) days
after the end of each quarter of each fiscal year of the Company, the Company shall prepare a consolidated balance sheet of the Company as at the end of each such period and unaudited consolidated statements of (i) income and (ii) cash
flow of the Company for such period and for the period from the beginning of the current fiscal year to the end of such quarterly period, setting forth in each case in comparative form the figures for the corresponding period of the previous fiscal
year, all in reasonable detail and certified by the chief financial officer (or if none, by the chief executive officer) of the Company; and 

2.2.2. The Company shall deliver to the directors and observers a monthly report, in a format as determined by the Board; and 

2.2.3. As soon as practicable, but not less than thirty (30) days prior to the beginning of each fiscal year, the Company shall prepare a
budget and a business plan for the coming fiscal year. The management of the Company shall establish annually an operating plan and budget for the Company (the “Annual Plan”), in consultation with the Board. The Annual Plan for the
following year shall be submitted to the Board for its approval, at least Thirty (30) days prior to the first day of the fiscal year covered by such Annual Plan. 

2.2.4. The Board may (with the affirmative vote of at least a majority of the Preferred Directors) postpone the preparation of the financial
reports required under Section 2.1 or the monthly report required under Section 2.2.1, in each case for a period not to exceed thirty (30) days. 

2.2.5. The Board (with the affirmative vote of at least a majority of the Preferred Directors) may resolve at any time not to prepare any of
the reports required pursuant to this Section 2.2. 
 2.2.A. The Company covenants that until the IPO it shall deliver to each Lead E
Investor the reports provided under and subject to Section 2.2 above, concurrently with their delivery pursuant to said Section 2.2, provided that the Company reserves the right to withhold any information from an observer or such Lead E
Investor if the Company in consultation with the Board, in its reasonable discretion, determines that the Israeli Companies Law would exclude such information from an officer or director in such circumstances. 

  
 - 3 - 

 2.3. Visitation Rights and Additional Information 

2.3.1. The Company will permit the authorized representatives of each Major Shareholder who either have the right to appoint a director to the
Board or who is holding more than 5% of the issued and outstanding share capital of the Company, and each Lead E Investor, full and free access, at all times during regular working hours, and upon reasonable advance notice, to any of the properties
of the Company and its subsidiaries (if applicable), including its books and records, and to discuss its affairs, finances and accounts with the Company’s officers and auditor, for any purpose whatsoever and as often as may be reasonably
requested. This Section 2.3 shall not be in limitation of any rights, which the Shareholders or the directors may have under applicable law. Where applicable, the Company shall provide each Preferred Holder (who is under obligation to provide his
partners with such information) with tax information as such Preferred Holder reasonably may request to enable such Preferred Holder to determine if the Company is a “passive foreign investment company” (“PFIC”)
within the meaning of Section 1297 of the Internal Revenue Code of 1986, as amended, and to enable his partners to fulfill their reporting requirements in connection therewith upon such determination. 

2.3.2. In addition, and not as a limitation on any of the foregoing, the Company covenants that it will provide to each Major Shareholder who
either has the right to appoint a director to the Board or who is holding more than 5% of the issued and outstanding share capital of the Company, and to each Lead E Investor: (a) reasonably full disclosure and information regarding the
Company’s affairs at meetings of the Company’s Shareholders, and (b) prompt notice of the following matters: 
 (i) Any
litigation, action, investigation or proceeding that is pending or, to the Company’s actual knowledge, threatened that, if adversely resolved, would (a) have a material adverse effect on the business or financial condition of the Company;
or (b) have a material adverse effect on the ability of the Company to perform any of its obligations under its agreements with the Preferred Holder; 

(ii) Any material casualty, damage, destruction or loss (whether or not covered by insurance) affecting the Company; 

(iii) Any agreement by and between the Company and any director, officer, shareholder or other equity owner of such Company, relating to
(a) the property, assets or business of the Company; or (b) the acquisition or disposition of property or assets of the Company; or 

(iv) Any other event that has had or is likely to have a material adverse effect. 

2.3.3. Notwithstanding the foregoing, a majority of the Board, with the consent of at least a majority of the Preferred Directors, shall have
the right to exclude all or portions of the information or access provided under Sections 2.2 and 2.3, if such members of the Board believe, in good faith, based on advice of Company counsel, that such information would pose a material conflict of
interest for the Major Shareholder or such exclusion or omission is necessary in order to (i) preserve the attorney-client privilege, or (ii) fulfill the Company’s obligations with respect to confidential or proprietary information of
third parties (provided, however, that the Major Shareholder shall not be so excluded and materials not so omitted unless all other persons whose receipt of materials or presence at a meeting would result in a violation
of such third party confidentiality obligations are also excluded). In the event that the Board decides to withhold such information, the Board shall give the Major Shareholder notice of the Board’s decision, together with its detailed
explanation therefor, promptly and the Major Shareholder may challenge such decision by presenting oral or written evidence to the Company’s directors. The Company shall procure that such evidence shall be considered fairly, reasonably and
promptly by such directors, and in the event that the evidence shows that there is no material conflict of interest, the Major Shareholder shall be entitled to receive said information. 

2.4. Accounting. The Company will maintain a system of accounting established and administered in accordance with Israeli or
US GAAP as applicable consistently applied, and will set aside on its books all such proper reserves as shall be required by Israeli or US GAAP as applicable. The Company shall promptly inform the Major Shareholders of any material change
in any material accounting procedures or practices of the Company. 
 2.5. Confidentiality and Non-Competition Agreements. The
Company and its subsidiaries (if applicable) will not employ, or continue to employ, any person who will have access to material confidential information with respect to the Company its subsidiaries and its operations unless such person has executed
and delivered a Confidentiality and Non-Competition Agreement to the satisfaction (as to substance and form) of the Company’s management and legal counsel. 

2.6. Directors Indemnity 

2.6.1. The Company hereby indemnifies any of the Directors, and the observers, to the full extent permitted by law and by the Articles of
Association of the Company in effect and in accordance with the terms of the indemnification agreements which are or will be executed between the Company and each of its directors and observers. 

  
 - 4 - 

 2.6.2. Without derogating from Section 2.6.1 above, the Company hereby acknowledges that a
Preferred Director may have certain rights to indemnification, advancement of expenses and/or insurance provided by its appointee (i.e., Vitalife, IHCV) (collectively, the “Fund Indemnitors”). The Company hereby agrees (a) that
it is the indemnitor of first resort (i.e., its obligations to any such Preferred Director are primary and any obligation of the Fund Indemnitors to advance expenses or to provide indemnification for the same expenses or liabilities incurred by such
Preferred Director are secondary and excess), (b) that it shall be required to advance the full amount of expenses incurred by such Preferred Director and shall be liable for the full amount of all expenses, judgments, penalties, fines and
amounts paid in settlement by or on behalf of any such Preferred Director to the extent legally permitted and as required by the Articles of Association of the Company in effect (or any agreement between the Company and such Preferred Director),
without regard to any rights such Preferred Director may have against the Fund Indemnitors, and, (c) that it irrevocably waives, relinquishes and releases the Fund Indemnitors from any and all claims against the Fund Indemnitors for
contribution, subrogation or any other recovery of any kind in respect thereof as such other recovery arises out of or is related to indemnification or advancement of expenses by the Company. The Company further agrees that no advancement or payment
by the Fund Indemnitors on behalf of any such Preferred Director with respect to any claim for which such Preferred Director has sought indemnification from the Company shall affect the foregoing. Nothing in the foregoing shall affect
Indemnitee’s right to pursue indemnification and advancement of expenses from any available source, but Indemnitee shall attempt in good faith to first obtain indemnification and advancement of expenses from the Company before pursuing Fund
Indemnitors. Fund Indemnitors shall have a right to pursue Company for all sums Fund Indemnitors advance as expenses or pay as indemnity, as a breach of this contract provision (for each term of which Fund Indemnitors are intended third party
beneficiaries with rights to directly enforce this Agreement against Company or Indemnitee). This Section 2.6.2 shall also apply to any observer, as if it was a “Preferred Director” under this section. 

2.7. Properties and Business Insurance. The Company and its subsidiaries (if applicable) shall maintain insurance against such
casualties and contingencies and of such types and in such amounts as is customary for companies similarly situated. 
 2.8. Restrictive
Agreements Prohibited. The Company and its subsidiaries (if applicable) shall not become a party to any agreement, which by its terms restricts the Company’s performance of this Agreement or the terms of the Articles of Association of the
Company in effect. 
 2.9. Confidentiality. The Shareholders agree that any non-public and proprietary information obtained pursuant
to Section 2 and any other confidential information received from the Company, will not be disclosed without the prior written consent of the Company, provided that, (i) in connection with periodic reports to their
shareholders or partners and in connection with discussions with their prospective investors, (ii) to their professional advisors to the extent necessary to obtain their services in connection with monitoring their investment in the Company and
(iii) as may otherwise be required by law (provided that the Shareholder (unless restricted to do so under applicable law and regulations) promptly notifies the Company of such disclosure and takes reasonable steps to minimize the extent
of any such required disclosure), they may, without first obtaining such written consent, make general statements, not containing technical or other confidential information, regarding the nature and progress of the Company’s business. 

2.10. Termination of Information and Inspection Rights and Other Covenants. The covenants set forth in this Section 2 shall terminate
as to the Shareholders and be of no further force or effect upon the consummation of an IPO or Liquidation (as such term is defined in the Articles of Association of the Company in effect) or (except as to any Preferred E Share Holder) upon such
date as its holdings are below 5% of the issued and outstanding share capital of the Company as further detailed above, whichever event shall first occur. 

3. Registration Rights. The following provisions, shall govern the registration of the Company’s securities: 

3.1. Incidental (“Piggyback”) Registration. 

3.1.1. Other than in connection with a request for registration pursuant to Sections 3.2 or Error! Reference source not found. below,
if at any time the Company, including if the Company qualifies as a well-known seasoned issuer (within the meaning of Rule 405 promulgated under the Securities Act) (a “WKSI”), proposes to file (i) a prospectus supplement to an
effective shelf registration statement (a “Shelf Registration Statement”), or (ii) a registration statement other than a Shelf Registration Statement, in either case, for the sale of Ordinary Shares for its own account, or for
the benefit of the holders of any of its securities other than the Holders, to an underwriter on a firm commitment basis for reoffering to the public or in a “bought deal” or “registered direct offering” with one or more
investment banks (collectively, a “Piggy-Back Underwritten Offering”), then as soon as practicable but not less than twenty (20) days prior to the filing of (a) any preliminary prospectus supplement relating to such
Piggy-Back Underwritten Offering pursuant to Rule 424(b) promulgated under the Securities Act, (b) any prospectus supplement 

  
 - 5 - 

 
relating to such Piggy-Back Underwritten Offering pursuant to Rule 424(b) promulgated under the Securities Act (if no preliminary prospectus supplement is used) or (c) such Shelf
Registration Statement, as the case may be, the Company shall give notice of such proposed Piggy-Back Underwritten Offering to the Holders and such notice (a “Piggyback Notice”) shall offer the Holders the opportunity to include in
such Piggy-Back Underwritten Offering such number of Registrable Securities as each such Holder may request in writing. Each such Holder shall then have fifteen (15) Business Days after receiving such notice to request in writing to the Company
inclusion of Registrable Securities in the Piggy-Back Underwritten Offering, except that such Holder shall have five (5) Business Days after such Holder confirms receipt of the notice to request inclusion of Registrable Securities in the Piggy
Back Underwritten Offering in the case of a “bought deal,” “registered direct offering” or “overnight transaction” where no preliminary prospectus is used. Upon receipt of any such request for inclusion from a Holder
received within the specified time, the Company shall use reasonable best efforts to effect the registration in any registration statement of any of the Holders’ Registrable Securities requested to be included on the terms set forth in this
Agreement. Prior to the commencement of any “road show,” any Holder shall have the right to withdraw its request for inclusion of its Registrable Securities in any registration by giving written notice to the Company of its request to
withdraw and such withdrawal shall be irrevocable and, after making such withdrawal, such Holder shall no longer have any right to include Registrable Securities in the Piggy-Back Underwritten Offering as to which such withdrawal was made. 

3.1.2. If the Company does not qualify as a WKSI, (i) the Company shall give each Holder twenty (20) days’ notice prior to
filing a Shelf Registration Statement and, upon the written request of any Holder, received by the Company within fifteen (15) days of such notice to the Holder, the Company shall include in such Shelf Registration Statement a number of
Ordinary Shares equal to the aggregate number of Registrable Securities requested to be included without naming any requesting Holder as a selling shareholder and including only a generic description of the holder of such securities (the
“Undesignated Registrable Securities”), (ii) the Company shall not be required to give notice to any Holder in connection with a filing pursuant to Section 3.1.1 unless such Holder provided such notice to the Company pursuant
to this Section 3.1.2 and included Undesignated Registrable Securities in the Shelf Registration Statement related to such filing, and (iii) at the written request of a Holder given to the Company more than seven (7) days before the date
specified in writing by the Company as the Company’s good faith estimate of a launch of a Piggy-Back Underwritten Offering (or such shorter period to which the Company in its sole discretion consents), the Company shall use reasonable best
efforts to effect the registration of any of the Holders’ Undesignated Registrable Securities so requested to be included and shall file a post-effective amendment or, if available, a prospectus supplement to a Shelf Registration Statement to
include such Undesignated Registrable Securities as any Holder may request, provided that (a) the Company is actively employing its reasonable best efforts to effect such Piggy-Back Underwritten Offering; and (b) the Company shall not be
required to effect a post-effective amendment more than two (2) times in any Twelve (12) month period. 
 3.1.3. Notwithstanding
anything herein to the contrary, the Company shall have the right to terminate or withdraw any Registration initiated by it under this Section 3.1, at any time prior to the effectiveness of such Registration, regardless of whether any Holder has
requested to include its Registrable Securities in such Registration under this Section 3.1. 
 3.2. Demand Registration 

3.2.1. At any time following the closing of an IPO, but subject to the terms of any “lock-up agreement” entered into between the
underwriters of the Company’s IPO and a Holder (unless waived by such underwriters), the Initiating Holders may request in writing that all or part of the Registrable Securities held by such Initiating Holders shall be registered for trading on
any securities exchange or quotation system on which the Company’s shares are otherwise traded (a “Demand Registration”). Within twenty (20) days after receipt of any such request, the Company shall give written notice of
such request to the other Holders of Registrable Securities and, subject to the provisions of Section 3.4 below, shall use reasonable best efforts to include in such registration all Registrable Securities held by all such Holders of Registrable
Securities who wish to participate in such Demand Registration and who provide the Company with written requests for inclusion therein within Fifteen (15) days after the provision of the Company’s notice. Thereupon, the Company shall use
its reasonable best efforts to have the registration statement become effective with respect to all Registrable Securities as to which it has received requests for registration with an underwriter designated pursuant to the provisions of Section 3.8
below. 
 3.2.2. The Company shall not be required to effect more than four (4) Registrations under this Section 3.2 of which:
(i) one shall be initiated by the Initiating Holders, provided such majority shall include YEC, (ii) one shall be initiated by the Initiating Holders, provided such majority shall include IHCV, (iii) one shall be initiated by the
Initiating Holders, provided such majority shall include Vitalife, and (iv) one shall be initiated by the holders of more than 50% of the Preferred E Shares (the “Preferred E Majority”), which Preferred E Majority shall be
considered the “Initiating Holders” hereunder with respect to such Demand Registration. The Company shall not be obligated to effect a Demand Registration (a) in any particular jurisdiction in which the Company would be required to

  
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execute a general consent to service of process in effecting such registration, unless the Company is already subject to service in such jurisdiction and except as may be required under the
Securities Act; or (b) if it delivers notice to the Holders of the Registrable Securities within thirty (30) days of any registration request of its intent to file a Registration statement for such offering within ninety (90) days,
but only for such ninety (90) day period and only for so long as the Company is actively employing in good faith reasonable best efforts to cause such Registration statement to become effective, provided, however,
that a Registration statement shall not be counted if such Registration statement is withdrawn at the request of the Initiating Holders as a result of a material adverse change in the business of the Company. Further, but without derogating from
Section 4.2, a registration statement shall not be counted as a Demand Registration if, as a result of an exercise of the underwriter’s “cut-back” provisions, fewer than fifty percent (50%) of the total number of Registrable
Securities that Initiating Holders have requested to be included in such Registration statement are actually included. 
 3.2.3. Without
derogating from the rights of the Holders under the parenthetical under Section 3.4.1(i), in the event that the Initiating Holders request to effect a Demand Registration and the Company decides to join and register any of its securities
thereunder, such Registration shall be regarded as Incidental (“Piggyback”) Registration under Section 3.1 and not a Demand Registration under Section 3.2, and the provisions of Section 3.1 shall apply thereto. In addition, in the
event that the Initiating Holders request to withdraw any Demand Registration, as a result of a material adverse change in the condition, business, or prospects of the Company, such registration shall not be counted as a Demand Registration. 

3.2.4. An Initiating Holder/s may withdraw its/their request for a Demand Registration at any time and it/they shall not be deemed to have
exhausted any rights to make Demand Registrations in the future, provided that such Initiating Holder reimburses the Company for all of the expenses it incurred in connection with its inclusion in such Demand Registration, if
such registration has in fact been cancelled as a result of such withdrawal; provided, further, however, that such reimbursement shall not be required if (i) at the time of such withdrawal, the
Initiating Holder has learned of a material adverse change in the condition, business, or prospects of the Company from that known to the Initiating Holder prior to the time of its request for registration and such material adverse change is
reasonably likely to materially adversely affect the expected success of the required registration, and (ii) the Initiating Holder has withdrawn the request with reasonable promptness following disclosure by the Company or its discovery of such
material adverse change. 
 3.3. Form S-3 Registration. 

3.3.1. Request for Registration. At any time after the Company becomes eligible to file an S-3 Registration, in case the Company shall
receive from any Preferred Holders a written request or requests (a “Form S-3 Request Notice”) that the Company effect a registration on Form S-3, and any related qualification or compliance, with respect to Registrable
Securities, the reasonably anticipated aggregate price to the public of which is equal to or would exceed US$ 1,000,000 (One Million US Dollars), the Company will within twenty (20) days after receipt of any such request give written notice of
the proposed registration, and any related qualification or compliance, to all other Holders, and shall use its reasonable best efforts to include in such Registration all Registrable Securities held by all such Holders who wish to participate in
such Registration and who provide the Company with written requests for inclusion therein within fifteen (15) days after the provision of the Company’s notice. Thereupon, subject to the provisions of Section 3.4 below, the Company shall
use its reasonable best efforts to effect such Registration and all such qualifications and compliances as may be so requested and as would permit or facilitate the sale and distribution 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 of any other Holder or Holders joining in such request as are specified in a written request given within fifteen (15) days
after provision of such written notice from the Company. Any Form S-3 Request Notice shall indicate whether the Holder(s) providing the request intend to effect the offering promptly following effectiveness of the registration statement or whether,
pursuant to Section 3.11.2, they intend for the registration statement to remain effective so that they may effect the offering on a delayed basis (a “Shelf Request”). 

3.3.2. Shelf Request. In the event a Form S-3 is filed pursuant to a Shelf Request, upon a written request (a “Form S-3 Demand
Notice”) from any Holder or Holders (for the purpose of this Section 3.3, the “Initiating Holders”) that is entitled to sell securities pursuant to such Form S-3 without filing a post-effective amendment that the
Company effect an offering with respect to Registrable Securities (a “Takedown”), the Company will, as soon as practicable, (x) deliver a notice relating to the proposed Takedown to all other Holders who are named or are
entitled to be named as a selling shareholder in such Form S-3 without filing a post-effective amendment thereto and (y) promptly (and in any event not later than twenty (20) days after receiving such request) supplement the prospectus
included in the Shelf Registration Statement as would permit or facilitate the sale and distribution of all or such portion of the Initiating Holders’ Registrable Securities as are specified in such request together with the Registrable
Securities requested to be included in such Takedown by any other Holders who notify the Company in writing within fifteen (15) days after receipt of such notice from the Company; except that (i) the Registrable
Securities requested to be offered pursuant to such Takedown must have an anticipated aggregate price to the public (net of any 

  
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underwriting discounts and commissions) of not less than US$ 1,000,000 (One Million US Dollars), and (ii) the Company shall not be obligated to effect any such Takedown (x) if the
Company has within the twelve (12) month period preceding the date of such request already effected two (2) Takedowns under this Section 3.3.2 or (y) within ninety (90) days of effecting a previous Takedown under this Section
3.3.2 or an offering pursuant to Section 3.2. 
 3.4. Registration Preference 

3.4.1. Notwithstanding the provisions of Sections 3.1, 3.2 and 3.3, if in an underwritten offering, the managing underwriter advises the
Company in writing that marketing factors require a limitation of the number of shares to be underwritten, then the Company shall be required to include only such number of Registrable Securities as the underwriters determine in their sole
discretion will not jeopardize the success of the offering by the Company; provided, however, that the securities included in the offering shall be apportioned (i) first, to include shares which the Company
may wish to register for its own account (except in case of a registration initiated under Sections 3.2 and/or 3.3 above, in which case the Company may register securities for its own account only following registration of all Registrable
Securities as provided by the following sub-sections: 3.4.1(ii), (iii) and (iv)), (ii) second (or first in case of a registration initiated under Sections 3.2 and/or 3.3 above), pro rata among the Preferred E Share Holders according to
the total amount of securities entitled to be included therein owned by each selling Preferred E Share Holder (iii) third (or second in case of a registration initiated under Sections 3.2 and/or 3.3 above), pro rata among the Preferred D
Share Holders according to the total amount of securities entitled to be included therein owned by each selling Preferred D Share Holder, (iv) fourth (or third in case of a registration initiated under Sections 3.2 and/or 3.3 above), pro
rata among the Preferred C Share Holders according to the total amount of securities entitled to be included therein owned by each selling Preferred C Share Holder, (v) fifth (or fourth in case of a registration initiated under Sections
3.2 and/or 3.3 above), pro rata among the Preferred B Share Holders according to the total amount of securities entitled to be included therein owned by each selling Preferred B Share Holder, and (vi) sixth (or fifth in case of a
registration initiated under Sections 3.2 and/or 3.3 above), pro rata among the Preferred Holders (excluding from the Preferred Holders, for the purpose of this clause (vi) only, the Preferred E Holders, Preferred D Holders, Preferred C Holders
and the Preferred B Share Holders that were included under sub-sections 3.4.1(ii), 3.4.1(iii) and (iv) above) and the Founder, according to the total amount of securities entitled to be included therein owned by each of the Founder and the selling
Preferred Holder; provided however, that in any event under this Section 3.4.1, the Founder may include in the registration (if he provided the Company with the required written notice with respect thereto) an amount of
Registrable Securities which constitute the Founder’s entire holdings (on an outstanding basis) in the Company up to 2% of the outstanding share capital of the Company. 

3.4.2. Notwithstanding the foregoing, in no event shall (i) the amount of Registrable Securities in the offering be reduced unless all
securities which are not Registrable Securities are entirely excluded from the offering, or (ii) the amount of securities of the selling Preferred E Holders, Preferred D Shares Holders, Preferred C Shares Holders and Preferred B Share Holders
included in the offering be reduced below 50% of the total amount of securities included in such offering (the “Minimum Threshold”), and subject to the foregoing, the Registrable Securities of the selling Preferred E Holders,
Preferred D Shares Holders, Preferred C Share Holders and the Preferred B Share Holders to be included in the Registration may be reduced (in accordance with the priorities under Section 3.4.1), but not below the Minimum Threshold, only if the
underwriters make the determination described above and no other shareholder’s securities are included in the Registration. 
 3.5.
Notwithstanding Section 3.2 and 3.3 above, the Company shall not be required to effect any: (i) (a) Demand Registration within one hundred and twenty (120) days after the effective date of any other registration or Takedown effected
and (b) Registration or Takedown under Section 3.3 within Sixty (60) days after the effective date of any other registration effected or Takedown completed; or (ii) Registration during the pending period of any Blackout Period
(as hereinafter defined). 
 3.6. “Blackout Periods”: If the Company determines in good faith that the Registration and
distribution of Registrable Securities (or the use of a registration statement or related prospectus) would be materially detrimental to the Company and its shareholders because such action would materially interfere with any pending significant
financing, acquisition, corporate reorganization or any other similar material corporate development involving the Company (or would require premature disclosure of material information that the Company has a bona fide business purpose for
preserving as confidential), and promptly gives the Initiating Holders written notice of such determination following their request to register any Registrable Securities, the Company shall be entitled to postpone (but not more than once in any
twelve (12) month period) the filing of the Registration statement otherwise required to be prepared and filed by the Company pursuant to Sections 3.2 or 3.3, or to suspend the use of any registration statement filed pursuant to a Shelf Request
for a reasonable period of time, but not to exceed ninety (90) days (a “Blackout Period”). The Company shall promptly notify the Holders of the expiration or earlier termination of any Demand Blackout Period. 

  
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 3.7. In the event of a Blackout Period, the Company shall undertake to extend the effectiveness
of any then current Registration statement beyond the anticipated nine (9) month period set forth in Section 3.11.2 for the respective periods of such Blackout Period. 

3.8. Designation of Underwriter 

3.8.1. In the case of any Registration affected pursuant to Section 3.2 or 3.3, the Preferred Holders initiating the Registration and holding
a majority of the Registrable Securities held by such Preferred Holders shall have the right to designate the managing underwriter(s) in any underwritten offering which shall be a prominent and reputable underwriter, subject to the consent of the
Company, which consent shall not be unreasonably withheld. 
 3.8.2. In the case of any registration initiated by the Company, the Company
shall have the right to designate the managing underwriter in any underwritten offering. 
 3.9. Expenses. All expenses, including
the reasonable fees and expenses of one counsel for the Preferred Holders selected by the Preferred Holders initiating the Registration and holding a majority of the Registrable Securities held by such Preferred Holders, incurred in connection with
any Registration under Sections 3.1, 3.2 or Section 3.3, shall be borne by the Company; provided, however, that each of the Holders participating in such registration shall pay its pro rata portion of the fees, discounts
or commissions payable to any underwriter and the fees and expenses of any counsel or other advisors for such Holder (except as otherwise provided for herein). 

3.10. Indemnities. In the event of any registered offering of Ordinary Shares pursuant to this Section 3: 

3.10.1. The Company will indemnify and hold harmless, to the fullest extent permitted by law, any Holder (including any officer, director or
partner of such Holder) and any underwriter for such Holder, and each person, if any, who controls (within the meaning of the Exchange Act) the Holder or such underwriter, from and against any and all losses, damages, claims, liabilities, joint or
several, costs and expenses (including any amounts paid in any settlement effected with the Company’s consent) to which the Holder or any such underwriter or controlling person may become subject under applicable law or otherwise, insofar as
such losses, damages, claims, liabilities (or actions or proceedings in respect thereof), costs or expenses arise out of or are based upon (i) any untrue statement or alleged untrue statement of any material fact contained in the registration
statement or included in the prospectus, as amended or supplemented, or (ii) the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein, in the light of the
circumstances in which they are made, not misleading, or (iii) any violation or alleged violation by the Company of the Securities Act, the Exchange Act or any rule or regulation promulgated thereunder applicable to the Company in connection
with any such registration, qualification or compliance, and the Company will reimburse the Holder, such underwriter and each such controlling person of the Holder or the underwriter, promptly upon demand, for any reasonable legal or any other
expenses incurred by them in connection with investigating, preparing to defend or defending against or appearing as a third-party witness in connection with such loss, claim, damage, liability, action or proceeding; provided,
however, that the Company will not be liable in any such case to the extent that any such loss, damage, liability, cost or expense arises out of or is based upon an untrue statement or alleged untrue statement or omission so made in
conformity with information furnished in writing by a Holder, such underwriter or such controlling persons in writing specifically for inclusion therein; provided, further, that this indemnity shall not be deemed to
relieve any underwriter of any of its due diligence obligations; provided, further, that the indemnity agreement contained in this subsection 3.10.1 shall not apply to amounts paid in settlement of any such claim, loss,
damage, liability or action if such settlement is effected without the consent of the Company. Such indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of the selling shareholder, the underwriter or
any controlling person of the selling Holder or the underwriter, and regardless of any sale in connection with such offering by the selling Holder. Such indemnity shall survive the transfer of securities by a selling Holder. 

3.10.2. Each Holder participating in a Registration hereunder will indemnify and hold harmless the Company, any underwriter for the Company,
and each person, if any, who controls the Company or such underwriter, and each other Holder (including any officer, director or partner of such Holder), from and against any and all losses, damages, claims, liabilities, costs or expenses (including
any amounts paid in any settlement effected with the selling shareholder’s consent) to which the Company or any such controlling person and/or any such underwriter and/or any such Holder may become subject under applicable law or otherwise,
insofar as such losses, damages, claims, liabilities (or actions or proceedings in respect thereof), costs or expenses arise out of or are based on (i) any untrue statement or alleged untrue statement of any material fact contained in the
registration statement or included in the prospectus, as amended or supplemented, or (ii) the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein, in the light
of the circumstances in which they were made, not misleading , or (iii) any violation or alleged violation by such Holder of the Securities Act, the Exchange Act or any rule or regulation promulgated thereunder applicable to such Holder in
connection with any such registration, qualification or compliance, and each such Holder will reimburse the Company, any underwriter and each such controlling person of the Company or any underwriter and the other Holders, promptly upon demand, for
any 

  
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reasonable legal or other expenses incurred by them in connection with investigating, preparing to defend or defending against or appearing as a third-party witness in connection with such loss,
claim, damage, liability, action or proceeding; in each case to the extent, but only to the extent, that such untrue statement or alleged untrue statement or omission was so made in strict conformity with written information furnished by such Holder
specifically for inclusion therein. The foregoing indemnity agreement is subject to the condition that, insofar as it relates to any such untrue statement or alleged untrue statement or omission made in the preliminary prospectus but eliminated or
remedied in the amended prospectus at the time the registration statement becomes effective or in the final prospectus, such indemnity agreement shall not inure to the benefit of (a) the Company and (b) any underwriter and (c) other
Holders, if a copy of the final prospectus was furnished to the person or entity asserting the loss, liability, claim or damage at or prior to the time such furnishing is required by the Securities Act; provided, however,
that this indemnity shall not be deemed to relieve any underwriter of any of its due diligence obligations; provided, further, that the indemnity agreement contained in this subsection 3.10.2 shall not apply to
amounts paid in settlement of any such claim, loss, damage, liability or action if such settlement is effected without the consent of the Holders, as the case may be, which consent shall not be unreasonably withheld. In no event shall the liability
of a Holder exceed the net proceeds received by such Holder from the sale of its securities under the applicable Registration. 
 3.10.3.
Promptly after receipt by an indemnified party pursuant to the provisions of Sections 3.10.1 or 3.10.2 of notice of the commencement of any action involving the subject matter of the foregoing indemnity provisions, such indemnified party will, if a
claim thereof is to be made against the indemnifying party pursuant to the provisions of said Sections 3.10.1 or 3.10.2, promptly notify the indemnifying party of the commencement thereof; but the omission to notify the indemnifying party will not
relieve the indemnifying party from any liability which it may have to any indemnified party except to the extent the indemnifying party is prejudiced as a result thereof. In case such action is brought against any indemnified party and it notifies
the indemnifying party of the commencement thereof, the indemnifying party shall have the right to participate in, and, to the extent that it may wish, jointly with any other indemnifying party similarly notified, to assume the defense thereof with
counsel reasonably satisfactory to such indemnified party; provided, however, that if the defendants in any action include both the indemnified party and the indemnifying party and there is a conflict of interests which
would prevent counsel for the indemnifying party from also representing the indemnified party, the indemnified party or parties shall have the right to select one separate counsel to participate in the defense of such action on behalf of such
indemnified party or parties. After notice from the indemnifying party to such indemnified party of its election so to assume the defense thereof, the indemnifying party will not be liable to such indemnified party pursuant to the provisions of said
Sections 3.10.1 or 3.10.2 for any legal or other expense subsequently incurred by such indemnified party in connection with the defense thereof, unless (i) the indemnified party shall have employed counsel in accordance with the provision of
the preceding sentence, (ii) the indemnifying party shall not have employed counsel reasonably satisfactory to the indemnified party to represent the indemnified party within a reasonable time after the notice of the commencement of the action
and within fifteen (15) days after written notice of the indemnified party’s intention to employ separate counsel pursuant to the previous sentence, or (iii) the indemnifying party has authorized the employment of counsel for the
indemnified party at the expense of the indemnifying party. No indemnifying party will consent to entry of any judgment or enter into any settlement, which does not include as an unconditional term thereof the giving by the claimant or plaintiff to
such indemnified party of a release from all liability in respect to such claim or litigation. 
 3.10.4. If recovery is not available under
the foregoing indemnification provisions, for any reason other than as specified therein, the parties entitled to indemnification by the terms thereof shall be entitled to contribution to liabilities. In determining the amount of contribution to
which the respective parties are entitled, there shall be considered the parties’ relative knowledge and access to information concerning the matter with respect to which the claim was asserted, the opportunity to correct and prevent any
statement or omission, and any other equitable considerations appropriate under the circumstances, provided, however, that in any such case, no person or entity guilty of fraudulent misrepresentation (within the meaning
of Section 11(f) of the Securities Act) will be entitled to contribution from any person or entity who was not guilty of such fraudulent misrepresentation. Notwithstanding the foregoing, to the extent that the provisions on indemnification
contained in the underwriting agreements entered into among the selling Holders, the Company and the underwriters in connection with the underwritten public offering are in conflict with the foregoing provisions, the provisions in the underwriting
agreement shall be controlling as to the Registrable Securities included in the public offering; provided, however, that if, as a result of this Section 3.10.4, any Holder, its officers, directors, and partners and any
person controlling such Holder is held liable for an amount which exceeds the aggregate proceeds received by such Holder from the sale of Registrable Securities included in a registration, as provided in Section 3.10.2 above, pursuant to such
underwriting agreement (the “Excess Liability”), the Company shall reimburse any such Holder for such Excess Liability. 

  
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 3.11. Obligations of the Company. Whenever required under this Section 3 to affect the
Registration of any Registrable Securities, the Company shall, as expeditiously as possible, use reasonable best effortsto effect and maintain such Registration, including but not limited to: 

3.11.1. Giving each Preferred Holder written notice thereof as soon as practicable prior to filing the registration statement; 

3.11.2. Preparing and filing with the SEC a Registration statement with respect to such Registrable Securities and to use its reasonable best
efforts to cause such Registration statement to become effective, and, upon the request of the holders of a majority of the Registrable Securities registered thereunder, keeping such Registration statement effective for a period of up to nine
(9) months or, if sooner, until the distribution contemplated in the Registration Statement has been completed, provided, however, that in the case of any registration of Registrable Securities on Form S-3 which are
intended to be offered on a continuous or delayed basis, such nine-month period shall be extended to keep the Registration statement effective until all such Registrable Securities are sold; 

3.11.3. Preparing and filing with the SEC such amendments and supplements to such registration statement and the prospectus used in connection
with such Registration statement as may be necessary to comply with the provisions of the Securities Act with respect to the disposition of all Registrable Securities covered by such Registration statement; 

3.11.4. Furnishing to the Holders such numbers of copies of a prospectus, including a preliminary prospectus, in conformity with the
requirements of the Securities Act, and such other documents as they may reasonably request in order to facilitate the disposition of Registrable Securities owned by them; 

3.11.5. In the event of any underwritten public offering, entering into and performing its obligations under an underwriting agreement, in
usual and customary form, with the managing underwriter of such offering. Each Preferred Holder participating in such underwriting shall also enter into and perform its obligations under such an agreement; 

3.11.6. Notifying each holder of Registrable Securities covered by such Registration statement at any time when a prospectus relating thereto
is required to be delivered under the Securities Act of the happening of any event as a result of which the prospectus included in such Registration statement, as then in effect, includes an untrue statement or alleged untrue statement of a material
fact or omits to state a material fact required to be stated therein or necessary to make the statements therein not misleading in the light of the circumstances then existing, and then, as expeditiously as possible, correcting such omission or
misstatement; and upon receipt of a notification under this Section 3.11.6, such Holder shall immediately cease distributing the Registrable Securities covered by such Registration statement; 

3.11.7. Causing all Registrable Securities registered pursuant hereunder to be listed on each securities exchange and/or quotation system on
which similar securities issued by the Company are then listed; 
 3.11.8. Providing a transfer agent and registrar for all Registrable
Securities registered pursuant hereunder and a CUSIP number for all such Registrable Securities, in each case not later than the effective date of such Registration; 

3.11.9. Using its reasonable best efforts to cause to be furnished, at the request of any Holder requesting Registration of Registrable
Securities pursuant to this Section 3, on the date that such Registrable Securities are delivered to the underwriters for sale in connection with a Registration pursuant to this Section 3, if such securities are being sold through underwriters, or,
if such securities are not being sold through underwriters, on the date that the registration statement with respect to such securities becomes effective, (i) an opinion, dated such date, of the counsel representing the Company for the purposes
of such Registration, in form and substance as is customarily given to underwriters in an underwritten public offering, addressed to the underwriters, if any, and to the Holders requesting Registration of Registrable Securities, provided that the
delivery of any “10b-5 statement” and opinion may be conditioned on the prior or concurrent delivery of a comfort letter pursuant to subsection (ii) hereof and (ii) a comfort letter dated such date, from the independent certified
public accountants of the Company, in form and substance as is customarily given by independent certified public accountants to underwriters in an underwritten public offering, addressed to the underwriters, if any, and to the Holders requesting
registration of Registrable Securities subject to each such Holder to whom the comfort letter is addressed providing a customary representation letter to the independent registered public accounting firm of the Company in form and substance
reasonably satisfactory to such accountant and (iii) such other documents, certificates and instruments as are customarily provided in underwritten offerings; 

3.11.10. Using reasonable best efforts to obtain the withdrawal of any order suspending the effectiveness of a Registration statement, or the
lifting of any suspension of the qualification of any of the Registrable Securities for sale in any jurisdiction, at the earliest possible moment; 

3.11.11. Registering or qualifying such Registrable Securities for offer and sale under the securities or Blue Sky laws of such jurisdictions
as any Holder or underwriter reasonably requires, and keeping such registration or qualification effective during the period set forth in Section 3.10.13.11.2 above, except that the Company shall not for any such purpose be
required to qualify to do business as a foreign Company in any jurisdiction wherein it 

  
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is not so qualified or intends to be so qualified prior to the effective date of the applicable Registration statement or which result in its being subject to taxation or to a requirement to file
a general consent to service of process in any such jurisdiction; 
 3.11.12. Making available for inspection by any seller of Registrable
Securities, any underwriter participating in any disposition pursuant to such registration statement, and any attorney, accountant or other agent retained by any such seller or underwriter, all financial and other records, pertinent corporate
documents and properties of the Company, and causing the Company’s officers, directors, employees and independent accountants to supply all information reasonably requested by any such seller, underwriter, attorney, accountant or agent in
connection with such Registration statement; 
 3.11.13. Taking such other actions as shall be reasonably requested by any Holder including
reasonable participation in roadshows and other marketing activities. 
 3.12. Lock-Up 

3.12.1. Each Holder hereby agrees (and shall execute an agreement to such effect (a “Lock-Up Agreement”) with any managing
underwriters) not to Transfer (as defined below) any shares of the Company owned (beneficially or of record) by such Holder (other than Registrable Securities or other Ordinary Shares being registered for sale in such offering), without the consent
of such managing underwriters, for a period of not more than (i) in the case of such an IPO, one hundred eighty (180) days following the effective date of the Registration statement relating to such IPO or such shorter period requested by
the underwriters, and (ii) in the case of an underwritten offering other than the IPO, ninety (90) days or such shorter period requested by the underwriters; provided, however, that in such case all persons
entitled to registration rights with respect to Ordinary Shares who are not parties to this Agreement, all other persons selling Ordinary Shares in such offering, all officers and directors of the Company, and, solely in the case of an IPO, all
persons holding in excess of one percent (1%) of the share capital of the Company on a fully diluted basis (calculated assuming the conversion of all outstanding convertible securities and the exercise of all outstanding rights to acquire
Ordinary Shares or securities convertible into Ordinary Shares), shall also have agreed not to sell publicly their Ordinary Shares under the circumstances and pursuant to the terms set forth in this Section 3.12. 

3.12.2. If requested by the managing underwriters in connection with any such public offering, the Company will agree to substantially similar
“lock-up” provisions as those referred to above. In any case, in the event the underwriters release any of the above from such “lock-up” restrictions prior to the scheduled expiration date, the Preferred Holders shall be released
from their “lock-up” obligations hereunder on the same principles (including principles of priority) applicable to the registration of the Registrable Securities as set forth in Section 3.4 and (without derogating from such principles of
priority) otherwise on a proportionate basis among the Preferred Holders. 
 3.12.3. For purposes of this Section,
“Transfer” shall mean: offer to sell, contract to sell, or otherwise sell, dispose of, loan, pledge or grant any rights or engage in any hedging transactions with respect to any share capital of the Company (including any options or
warrants to purchase any share capital or any securities convertible into or exchangeable for share capital) now owned or hereafter acquired by such person or with respect to which such person has or hereafter acquires the power of disposition,
other than (i) by will or the laws of intestacy, (ii) as a bona fide gift or gifts, provided the donee or donees thereof agree in writing to be bound by this restriction, or (iii) as a distribution to partners or
shareholders of such person, provided the distributees thereof agree in writing to be bound by the terms of this restriction. 
 3.13.
Foreign Offerings. The provisions of this Section 3 shall apply, mutatis mutandis, to any registration of the securities of the Company outside of the United States of America. 

3.14. Rule 144 and 144A Reporting 

3.14.1. With a view to making available to Holders the benefits of certain rules and regulations of the SEC which may permit the sale of the
Registrable Securities to the public without registration, the Company agrees at all times after Ninety (90) days after the effective date of the first registration filed by the Company for an offering of its securities to the general public
to: 
 (i) Make and keep public information available, as those terms are understood and defined in Rule 144 and Rule 144A; 

(ii) Use its best efforts to file with the Commission in a timely manner all reports and other documents required of the Company under the
Securities Act and the Exchange Act. 
 3.14.2. For purposes of facilitating sales pursuant to Rule 144A, so long as the Company is not
subject to the reporting requirements of Section 13 or 15(d) of the Exchange Act, each Holder and any transferee of such Holder’s securities shall have the right to obtain from the Company, upon request of the Holder prior to the time of

  
 - 12 - 

 
sale, a brief statement of the nature of the business of the Company and the products and services it offers; and the Company’s most recent balance sheet and profit and loss and retained
earnings statements, and similar financial statements for the two (2) preceding fiscal years (the financial statements should be audited to the extent reasonably available). 

3.15. Termination. The obligations of the Company to register Registrable Securities under Sections 3.1, 3.2 or 3.3 shall terminate
with respect to any Holder on the date which is five (5) years from the closing of the IPO. 
 3.16. Limitations on Subsequent
Registration Rights. The Company shall not, without the prior written consent of the Preferred Majority, enter into any agreement with any Holder or prospective Holder of any securities of the Company which would allow such Holder or prospective
Holder to include such securities in any Registration filed under this Section other than rights subordinate to the rights of any Holder hereunder provided, however, that the Company may without such consent enter into an agreement with any holder
or prospective holder of any securities of the Company related to the filing of a resale shelf registration statement to register shares issued to such holder or prospective holder in an acquisition, if and only if such resale shelf registration
statement does not permit underwritten offerings. 
 4. Miscellaneous 

4.1. Further Assurances. From and after the date of this Agreement, upon the request of any Preferred Holder the Company shall execute
and deliver such instruments, documents and other writings as may be reasonably necessary or desirable to confirm and carry out and to effectuate fully the intent and purposes of this Agreement. 

4.2. Governing Law; Jurisdiction. This Agreement shall be governed by and construed according to the laws of the State of Israel,
without regard to the conflict of laws provisions thereof. Any dispute arising under or in relation to this Agreement shall, be resolved exclusively in the competent courts of the District of Tel Aviv, Israel, and each of the parties hereby
irrevocably submits to the exclusive jurisdiction of such courts. 
 4.3. Successors and Assigns; Assignment. Except as otherwise
expressly provided herein, the provisions hereof shall inure to the benefit of, and be binding upon, the successors, assigns, heirs, executors, and administrators of the parties hereto. None of the rights, privileges, or obligations set forth in,
arising under, or created by this Agreement may be assigned or transferred without the prior consent in writing of each party to this Agreement, with the exception of (i) assignments by any Holder to a Permitted Transferees or to a transferee
thereof to the extent it acquires (subject to the provisions regarding transfer of securities under the Articles of Association of the Company in effect) Registrable Securities; and (ii) as to such Holder which is a limited partnership,
assignments and transfers to its partners or members and to affiliated limited partnerships managed by the same management company or managing partner of such Preferred Holder or by an entity which controls, is controlled by, or is under common
control with, such management company or managing general partner to the extent it acquires Registrable Securities; provided, however, that no such assignment or transfer shall become effective unless each such transferee
has provided the Company with a confirmation in writing that it is bound by all terms and conditions of this Agreement as if it were an original party to it; and provided further however that the specific rights granted
hereunder or under the Articles of Association of the Company in effect to the Lead E Investors may not be transferred other than to Permitted Transferees and transferees under clause (ii) above. This Agreement is not intended to and shall not
confer upon any other person any rights or remedies hereunder. 
 4.4. Entire Agreement; Amendment and Waiver. This Agreement,
together with the Articles of Association of the Company in effect constitute the full and entire understanding and agreement between the parties with regard to the subject matters hereof and thereof. Any term of this Agreement may be amended and
the observance of any term hereof may be waived (either prospectively or retroactively and either generally or in a particular instance) only with the written consent of the Company and the Preferred Majority (before the IPO) and the holders of a
majority of the outstanding Registrable Securities (after the IPO), and the parties hereby irrevocably consent to any amendment or waiver so approved; provided however that any amendment to the rights of (i) any Lead E Investor shall require
the consent of such party, or (ii) the rights of a particular class of shares shall require the consent of the holders of a majority of the issued and outstanding shares of such class on an as-converted basis. Notwithstanding anything else
herein to contrary, the holders of a majority of the Registrable Securities held by the holders of Preferred Shares may, through their written consent and without consent of the Company, act to amend this Agreement and the Schedules hereto so as to
add to the definition and amount of Registrable Securities, securities held as of the date hereof by officers or employees of the Company from time to time including Ordinary Shares issued pursuant to the exercise or conversion of any such
securities. 

  
 - 13 - 

 4.5. Notices, etc. All notices and other communications required or permitted hereunder to
be given to a party to this Agreement shall be in writing and shall be faxed, emailed or mailed, postage prepaid, or otherwise delivered by hand or by guaranteed courier, addressed to such party’s address as set forth below or at such other
address as the party shall have furnished to each other party in writing in accordance with this provision: 
  

			
	if to each of the Preferred Holders:	  	as per the details in Schedule B. hereto.
		
	if to the Company:	  	as per the details in the preamble hereto.
		
	if to the other shareholders of the Company:	  	According to their address as listed in the shareholder’s registry.

 or such other address with respect to a party as such party shall notify each other party in writing as
above provided. Any notice sent in accordance with this Section 4.5 shall be effective (i) if mailed, seven (7) business days after mailing, (ii) if sent by guaranteed courier, the second day following pick-up by the guaranteed
courier, and (iii) if sent via fax or e-mail, upon transmission and electronic confirmation of receipt or (if transmitted and received on a non-business day) on the first business day following transmission and electronic confirmation of
receipt. 
 4.6. Delays or Omissions. No delay or omission to exercise any right, power, or remedy accruing to any party upon any
breach or default under this Agreement, shall be deemed a waiver of any other breach or default theretofore or thereafter occurring. Any waiver, permit, consent, or approval of any kind or character on the part of any party of any breach or default
under this Agreement, or any waiver on the part of any party of any provisions or conditions of this Agreement, must be in writing and shall be effective only to the extent specifically set forth in such writing. All remedies, either under this
Agreement or by law or otherwise afforded to any of the parties, shall be cumulative and not alternative. 
 4.7. Severability. If
any provision of this Agreement is held by a court of competent jurisdiction to be unenforceable under applicable law, then such provision shall be excluded from this Agreement and the remainder of this Agreement shall be interpreted as if such
provision were so excluded and shall be enforceable in accordance with its terms; provided, however, that in such event this Agreement shall be interpreted so as to give effect, to the greatest extent consistent with and
permitted by applicable law, to the meaning and intention of the excluded provision as determined by such court of competent jurisdiction. 

4.8. Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original and
enforceable against the parties actually executing such counterpart, and all of which together shall constitute one and the same instrument. Signatures by facsimile or signatures which have been scanned and transmitted by electronic mail shall be
deemed valid and binding for all purposes. 
 4.9. Headings. Article, Section and subsection headings in this Agreement are included
herein for convenience of reference only and shall not constitute a part of this Agreement for any other purpose. 
 4.10.
Attorneys’ Fees. In the event that any dispute among the parties to this Agreement should result in litigation, the prevailing party in such dispute shall be entitled to recover from the losing party all fees, costs and expenses of
enforcing any right of such prevailing party under or with respect to this Agreement, including without limitation, such reasonable fees and expenses of attorneys and accountants, which shall include, without limitation, all fees, costs and expenses
of appeals. 
 4.11. Administration of the Preferred Holders. For purposes of determining the availability of any right or the
applicability of any limitation under this Agreement, all shares in the Company held by any Preferred Holders and all of its Permitted Transferees shall be aggregated and any such entities shall be viewed as a single Preferred Holder. 

IN WITNESS WHEREOF the parties have signed this Shareholders’ Rights Agreement as of the date first hereinabove set forth. 

[Remainder of page intentionally left blank-execution pages follows] 

 

  
 - 14 - 

 [Execution Page] 

This Shareholders Rights Agreement is hereby executed as of the date last above written. 

THE COMPANY: 
  

			
		 	  

		 	ReWalk Robotics Ltd.
		
	By:	 	  

	Title:	 	  

 THE ORDINARY SHAREHOLDERS: 
  

									
	  
	 		 	  
	 		 	  

	Amit Goffer	 		 	Yehiel Tal	 		 	Ami Kraft

  

			
		 	  

		 	The Technion Incubator (TIFT)
		
	 By:
	 	  

	 Title:
	 	  

 THE PREFERRED SHAREHOLDERS: 
  

															
	  
	 		 	  
	 		 	  

	Israel Healthcare Ventures 2 LP Incorporated	 		 	SCP Vitalife Partners II LP	 		 	SCP Vitalife Partners (Israel) II LP
								
	By:	 	  
	 		 	By:	 	 SCP Vitalife II Associates, L.P.
	 		 	By:	 	 SCP Vitalife II Associates, L.P.

	Title:	 	  
	 		 	By:	 	 SCP Vitalife II GP, LTD
	 		 	By:	 	 SCP Vitalife II GP, LTD

		 		 		 	Name:	 	  
	 		 	Name:	 	  

		 		 		 	Title:	 	Director	 		 	Title:	 	Director
					
	  
	 		 	  
	 		 	  

	Vitalife Partners (Israel) LP	 		 	Vitalife Partners (Overseas) LP	 		 	Vitalife Partners (DCM) LP
								
	By:	 	  
	 		 	By:	 	  
	 		 	By:	 	  

	Title:	 	  
	 		 	Title:	 	  
	 		 	Title:	 	  

					
	  
	 		 	  
	 		 	  

	Pontifax (Israel) II L.P.	 		 	 Pontifax (Israel) II - Individual

Investors L.P.
	 		 	 Pontifax (Cayman) II L.P.

								
	By:	 	  
	 		 	By:	 	  
	 		 	By:	 	  

	Title:	 	  
	 		 	Title:	 	  
	 		 	Title:	 	  

					
	  
	 		 	  
	 		 	  

	Yaskawa Electric Corporation	 		 	Pro Seed Venture Capital Fund Ltd	 		 	Previz Ventures LP
								
	By:	 	  
	 		 	By:	 	  
	 		 	By:	 	  

	Title:	 	  
	 		 	Title:	 	  
	 		 	Title:	 	  

  

															
	  
	 		 	  
	 		 	  

	Joaquin Gari De Sentmenat	 		 	Technion Research & Development Foundation Ltd	 		 	 Gabriel Capital Management (GP)

Ltd

								
		 		 		 	By:	 	  
	 		 	By:	 	  

	  
	 		 	Title:	 	  
	 		 	Title:	 	  

	Bearing Capital Ltd	 		 		 		 		 		 	
								
	By:	 	  
	 		 		 		 		 		 	
	Title:	 	  
	 		 		 		 		 		 	

  
 - 15 - 

									
	 Gabriel Capital Fund (US), L.P.
  

By: Gabriel Capital Management (GP) Ltd., its general partner
	 		 	Gabriel Capital Management (GP) Ltd. for and on behalf of a limited partnership in formation in the State of Israel, to be known as “Gabriel Capital Fund (Israel), L.P.” or such other name
designated by Gabriel Capital Management (GP) Ltd.
					
	By (sign name):	 	  
	 		 	By (sign name):	 	  

					
	Print Name:	 	Gary Leibler	 		 	Print Name:	 	  

					
	Title:	 	Director	 		 	Title:	 	  

					
	Date:	 	  
	 		 	Date:	 	  

			
	Gabriel Capital Management Ltd.	 		 	OurCrowd Israel General Partner L.P., on behalf of all investing OurCrowd entities 
					
	By (sign name):	 	  
	 		 	By (sign name):	 	  

					
	Print Name:	 	Gary Leibler	 		 	Print Name:	 	  

					
	Title:	 	Director	 		 	Title:	 	  

					
	Date:	 	  
	 		 		 	

  

									
	Gabe Menaged	 		 	Collace Services Ltd
					
	By:	 	  
	 		 	By:	 	  

	Title:	 	  
	 		 	Title:	 	  

			
	G-Ten Partners LLC	 		 	Mount Hermon Ltd
					
	By:	 	  
	 		 	By:	 	  

	Title:	 	  
	 		 	Title:	 	  

			
	Core Gabriel Ltd	 		 	East Bayview Holdings LLC
					
	By:	 	  
	 		 	By:	 	  

	Title:	 	  
	 		 	Title:	 	  

  
 - 16 - 

 Schedule A. 

Ordinary Holders 
 Ordinary A
Shareholders 
 Dr. Amit Goffer 
 The Technological
Incubator Founded by the Technion R&D Foundation Ltd. (TIFT) 
 Ordinary B Shareholders 

Ami Kraft 
 Yehiel Tal 

  
 - 17 - 

 Schedule B. 

Preferred Holders 
 Preferred A
Shareholders 
  

			
	 Name
	  	 Address

	Vitalife Partners (Overseas), LP	  	32B Habarzel Street, Ramat Hachayal, Tel Aviv 69710, Israel.
	Vitalife Partners (Israel), LP	  	32B Habarzel Street, Ramat Hachayal, Tel Aviv 69710, Israel.
	Vitalife Partners (DCM), LP	  	32B Habarzel Street, Ramat Hachayal, Tel Aviv 69710, Israel.
	Pro-Seed Venture Capital Fund Ltd	  	85 Yehuda Halevy Street, Tel Aviv 65796, Israel.
	Technion Research & Development Foundation Ltd.	  	Kiryat HaTechnion, Haifa, Israel. Postcode: 32000

 Preferred B Shareholders 
  

			
	 Name
	  	 Address

	Vitalife Partners (Overseas), LP	  	32B Habarzel Street, Ramat Hachayal, Tel Aviv 69710, Israel.
	Vitalife Partners (Israel), LP	  	32B Habarzel Street, Ramat Hachayal, Tel Aviv 69710, Israel.
	Vitalife Partners (DCM), LP	  	32B Habarzel Street, Ramat Hachayal, Tel Aviv 69710, Israel.
	SCP Vitalife Partners II, LP	  	32B Habarzel Street, Ramat Hachayal, Tel Aviv 69710, Israel.
	SCP Vitalife Partners (Israel), LP	  	32B Habarzel Street, Ramat Hachayal, Tel Aviv 69710, Israel.
	Previz Ventures LP	  	Aharon Beker 1, Tel Aviv-Yafo 69643, Israel.
	Pro-Seed Venture Capital Fund Ltd	  	85 Yehuda Halevy Street, Tel Aviv 65796, Israel.
	Technion Research & Development Foundation Ltd.	  	Kiryat HaTechnion, Haifa, Israel. Postcode: 32000

 Preferred C Shareholders 
  

			
	 Name
	  	 Address

	Israel Healthcare Ventures 2 LP Incorporated	  	32B Habarzel Street, Ramat Hachayal, Tel Aviv 69710, Israel.
	Pontifax (Israel) II L.P.	  	14 Shenkar St, Herzliya, Israel. Postcode: 46725
	Pontifax (Israel) II - Individual Investors L.P.	  	14 Shenkar St, Herzliya, Israel. Postcode: 46725
	Pontifax (Cayman) II L.P.	  	14 Shenkar St, Herzliya, Israel. Postcode: 46725
	SCP Vitalife Partners II, LP	  	32B Habarzel Street, Ramat Hachayal, Tel Aviv 69710, Israel.
	SCP Vitalife Partners (Israel), LP	  	32B Habarzel Street, Ramat Hachayal, Tel Aviv 69710, Israel.
	Pro-Seed Venture Capital Fund Ltd	  	85 Yehuda Halevy Street, Tel Aviv 65796, Israel.
	Joaquin Gari de Sentmenat	  	c/o Mr. David Azulay, 14 Hapardes St, Ramat Hahsharon 47405. Copy to: Liora Lotenberg, Adv., Aurec House 16 Abba Hillel Silver Road, Ramat Gan 52506, Israel.
	Previz Ventures LP	  	Aharon Beker 1, Tel Aviv-Yafo 69643, Israel.
	Technion Research & Development Foundation Ltd.	  	Kiryat HaTechnion, Haifa, Israel. Postcode: 32000

 Preferred D Shareholders 
  

			
	 Name
	  	 Address

	Yaskawa Electric Corporation	  	2-1 Kurosakishiroishi, Yahatanishi-ku, Kitakyushu 806-0004 Japan
	SCP Vitalife Partners II, LP	  	32B Habarzel Street, Ramat Hachayal, Tel Aviv 69710, Israel.

  
 - 18 - 

			
	SCP Vitalife Partners (Israel), LP	  	32B Habarzel Street, Ramat Hachayal, Tel Aviv 69710, Israel.
	Israel Healthcare Ventures 2 LP Incorporated	  	32B Habarzel Street, Ramat Hachayal, Tel Aviv 69710, Israel.
	Pontifax (Israel) II L.P.	  	14 Shenkar St, Herzliya, Israel. Postcode: 46725
	Pontifax (Israel) II - Individual Investors L.P.	  	14 Shenkar St, Herzliya, Israel. Postcode: 46725
	Pontifax (Cayman) II L.P.	  	14 Shenkar St, Herzliya, Israel. Postcode: 46725
	Previz Ventures LP	  	Aharon Beker 1, Tel Aviv-Yafo 69643, Israel.
	Technion Research & Development Foundation Ltd	  	Kiryat HaTechnion, Haifa, Israel. Postcode: 32000
	OurCrowd (Investment in Argo) L.P.	  	c/o OurCrowd Management Ltd. 14 Rabbi Akiva Street, Jerusalem, Israel.
	OurCrowd (Investment in Argo)- II) L.P.	  	c/o OurCrowd Management Ltd. 14 Rabbi Akiva Street, Jerusalem, Israel.

 Preferred E Shareholders 
  

			
	Gabriel Capital Management (GP) Ltd	  	c/o Shavit Capital, Jerusalem Technology Park, Building 1B, Box 70, Malha, Jerusalem 96951 Israel
		
	Gabriel Capital Fund (US), L.P.	  	c/o Shavit Capital, Jerusalem Technology Park, Building 1B, Box 70, Malha, Jerusalem 96951 Israel
		
	Gabriel Capital Management Ltd.	  	c/o Shavit Capital, Jerusalem Technology Park, Building 1B, Box 70, Malha, Jerusalem 96951 Israel
		
	Gabriel (Gabe) Menaged	  	c/o Shavit Capital, Jerusalem Technology Park, Building 1B, Box 70, Malha, Jerusalem 96951 Israel
		
	Collace Services Ltd	  	Attention: John Germain, PO Box 510, Ground Floor, 2 Hill Street, St. Helier, Jersey, JE4 5TR
		
	G-TEN Partners LLC	  	1212 Avenue of the Americas, 19th floor, New York, New York. 10036, USA
		
	Mount Hermon Ltd	  	
	Core Gabriel Ltd	  	
	East Bayview Holdings LLC	  	
	Pontifax (Cayman) II, L.P.	  	
	Pontifax (Israel) II, L.P.	  	
	Pontifax (Israel) II - Individual Investors, L.P.	  	
	SCP Vitalife Partners II L.P.	  	
	SCP Vitalife Partners (Israel) II L.P.	  	
	OurCrowd (Investment in Argo) L.P.	  	c/o OurCrowd Management Ltd. 14 Rabbi Akiva Street, Jerusalem, Israel.
	OurCrowd (Investment in Argo)- II) L.P.	  	c/o OurCrowd Management Ltd. 14 Rabbi Akiva Street, Jerusalem, Israel.
	OurCrowd Israel General Partner L.P., (for investing OurCrowd entities)	  	c/o OurCrowd Management Ltd. 14 Rabbi Akiva Street, Jerusalem, Israel
	Bearing Capital Ltd	  	
	Joaquin Gari de Sentmenat	  	32B Habarzel Street, Ramat Hachayal, Tel Aviv 69710, Israel.
	Technion R&D Foundation	  	Kiryat HaTechnion, Haifa, Israel. Postcode: 32000
	Israel Healthcare Ventures 2 LP Incorporated	  	32B Habarzel Street, Ramat Hachayal, Tel Aviv 69710, Israel.
	Pro-Seed Venture Capital Fund	  	85 Yehuda Halevi St., Tel Aviv 65796, Israel
	Previz Ventures L.P.	  	Aharon Beker 1, Tel Aviv-Yafo 69643, Israel.

  
 - 19 -

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