Document:

Exhibit
4.9

 

[* * *] Portions of this agreement were omitted
and a complete copy of this agreement has been provided separately to the Securities and Exchange Commission pursuant to the company’s
application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended.

 

OEM
SUPPLY AGREEMENT

 

THIS
OEM SUPPLY AGREEMENT (this “Agreement”) is made and entered into as of this 3rd day of December, 2015 (the
“Effective Date”) between FUJIFILM Dimatix, Inc., a corporation organized under the laws of the State of Delaware,
with a place of business at 2230 Martin Avenue, Santa Clara, CA 95050 (“Fujifilm”) and Kornit Digital Technologies
Ltd., a corporation organized under the laws of Israel with a place of business at 12 Ha'Amal St., Afek Park, Rosh-Ha 'Ayin 4809246,
Israel (collectively, “Customer”). Fujifilm and Customer shall each be referred to herein as a “Party”
and collectively, the “Parties”.

 

WHEREAS,
Fujifilm has agreed to sell, and Customer has agreed to purchase, certain Fujifilm Products (as defined herein) solely for integration
with, and/or for use in connection with, development of proprietary Customer Products and for resale of such proprietary Customer
Products to Third Party Customers (as defined herein); and

 

WHEREAS,
the purchase and sale of Fujifilm Products to Customer shall be subject to and in accordance with the terms and conditions of
this Agreement.

 

NOW
THEREFORE, the Parties hereby agree as follows:

 

		1.	Definitions

 

1.1          
“Affiliate” means any corporation, partnership, association, or other entity with respect to which a Party,
directly or indirectly through a subsidiary, has not less than a majority beneficial ownership, but only while that ownership
relationship exists.

 

1.2          
"Customer Products” means a digital printer, printing system or Print Engine, designed, manufactured or marketed
by or on behalf of Customer, on a retail, distribution or OEM sales basis, which incorporates one or more Printhead(s) that have
been purchased from Fujifilm.

 

1.3          
“Claim” has the meaning set forth in Section ‎9.1.

 

1.4          
“Confidential Information” has the meaning set forth in Schedule 4.

 

1.5          
“Contingent Payment” means the contingent payment set forth in Schedule 2.

 

1.6          
“Discloser” has the meaning set forth in Schedule 4.

 

1.7          
“Dispute” has the meaning set forth in Section ‎10.1.

 

1.8          
“Force Majeure Event” has the meaning set forth in Section ‎10.5.

 

1.9          
“Fujifilm Products” means Hardware as may be supplied by Fujifilm to Customer under this Agreement.

 

     

     

    

 

1.10      
“Hardware” means Printheads, printing assemblies, Print Engines and other ink jet devices supplied by Fujifilm
to Customer.

 

1.11      
“Ink” means printing inks and other materials such as functional fluids which are jetted by Printheads.

 

1.12      
“Intellectual Property” or “Intellectual Property Rights” have the meaning set forth in
Schedule 4.

 

1.13      
“OEM Customer(s)” means Person(s) that purchase Fujifilm Products to integrate with OEM Customer products for
resale.

 

1.14      
“Person” means a partnership, corporation, limited liability company, business trust, joint stock company,
trust, unincorporated association, joint venture, individual or other entity.

 

1.15      
“Printhead” means a device manufactured by or under license from Fujifilm that jets fluids on demand. Such
device may be comprised of, but is not limited to, the following elements: (i) one or more piezoelectric fluid actuators (such
as PZT), fluid channels, and nozzles; (ii) fluid storage, filtration, deaeration, heating or cooling, and interconnects; (iii)
air or other gas channels, inlets and outlets, and interconnects; (iv) electronic driver and interface circuitry, data path electronics,
and electrical interconnects; and (v) mechanical registration and alignment features, and mounting hardware; all as set forth
in the Technical Specifications of each specific Printhead purchased by the Customer under this Agreement and such other features
or functions that may become part of Printheads in the future subject to the provisions of Section 9 below.

 

1.16      
“Print Engine” means a device comprised of one or more Printheads and at least one of the following: (i) mechanical
means for aligning multiple Printheads (e.g., printbar); (ii) image datapath and/or upstream drive electronics; (iii) components
for moving and controlling the movement of Printheads; (iv) paper path and/or print media transport; (v) ink supply components;
(vi) Printhead maintenance system; and (vii) power supplies.

 

1.17      
“Printed Media” has the meaning set forth in Schedule 3.

 

1.18      
“Recipient” has the meaning set forth in Schedule 4.

 

1.19      
“Reserved Market(s)” means those fields and/or applications defined in Schedule 3.

 

1.20      
“Technical Specifications" means the technical and quality specifications of a Fujifilm Product, and other data
relating to the design, manufacture and functionality of such Fujifilm Product, which are made available to the Customer as of
the date hereof or on the date upon which such Product is being initially purchased by the Customer which, subject to the provisions
of Section 9 below may be modified from time to time by Fujifilm and then made available to Customer.

 

1.21      
“Term” has the meaning set forth in Section 7.

 

    	 	1-2	 

     

    

 

1.22      
“Third Party” means any Person except Fujifilm, Customer and their respective Affiliates.

 

1.23      
“Third Party Customer(s)” means any third party purchaser of the Customer Products from Customer including,
by way of example and not of limitation, any end-user or remarketer.

 

1.24      
“Work Product” has the meaning set forth in Schedule 4.

 

		2.	Product
                                         Supply

 

2.1          
All Fujifilm Products will be supplied by Fujifilm to Customer in accordance with the terms and conditions of this Agreement.

 

2.2          
Customer represents and warrants to Fujifilm that it is not purchasing the Fujifilm Products for personal, family or household
purposes, but exclusively for development and resale of Customer Products to Third Party Customers or
for OEM agreements between Customer and Third Party Customers for the sale of such Third Party Customer products with Fujifilm
Products.

 

2.3          
Schedule 1 attached hereto and made a part hereof sets forth additional terms and conditions governing the sale of Fujifilm Products
to Customer.

 

2.4          
All Fujifilm Products are warranted to be free of defects in materials and workmanship for a period of eighteen (18) months from
date of shipment by Fujifilm. For any Fujifilm Products labeled as pre-production release or prototypes, warranty coverage will
be on materials and workmanship only and for a period of three (3) months from date of shipment. Fujifilm Products repaired or
replaced under warranty will carry coverage for the balance of warranty period for such Fujifilm Products from when such Fujifilm
Products were returned to Fujifilm.

 

2.5          
During the above warranty period, Fujifilm will, at its option, repair, replace or credit the purchase price of Fujifilm Products
which prove to be defective in materials or workmanship as stated above. Customer must return Fujifilm Products to the facility
designated by Fujifilm. Customer shall obtain a return materials authorization number and shipping instructions from Fujifilm,
follow the proper cleaning/flushing procedures in accordance with the applicable product manual, and return the product shipping
charges prepaid. Shipping charges for all agreed warranty returns will be paid by Fujifilm and Customer shall pay for shipping
for all rejected warranty returns. Warranty excludes all costs of customs clearance and any other related charges. All replaced
products shall become the property of Fujifilm.

 

2.6          
The foregoing warranty shall not apply to defects that result from:

 

		(i)	improper
                                         installation, use, storage, care or maintenance by Customer or its customers;

		(ii)	modification,
                                         alteration, neglect or abuse of, or damage to, a Fujifilm Product caused by any Person
                                         other than Fujifilm or its Affiliate;

 

    	 	1-3	 

     

    

 

		(iii)	operation
                                         of a Fujifilm Product not in accordance with Fujifilm product manual recommendations,
                                         including power and environmental specifications; or
		(iv)	externally
                                         induced contamination (including but not limited to premature drying or curing of inks
                                         in the nozzles).

 

2.7          
THE WARRANTIES EXPRESSLY STATED IN THIS AGREEMENT ARE EXCLUSIVE AND IN LIEU OF ALL OTHER WARRANTIES, EXPRESS AND IMPLIED, AND
ALL FUJIFILM PRODUCTS AND ANY SERVICES PROVIDED BY FUJIFILM HEREUNDER OR OTHERWISE ARE PROVIDED “AS IS,” AND “AS
AND WHERE AVAILABLE,” AND WITH ALL FAULTS. WITHOUT LIMITING THE FOREGOING, FUJIFILM SPECIFICALLY DISCLAIMS ANY WARRANTIES
OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT, AND ANY WARRANTIES ARISING OUT OF A COURSE OF
DEALING. Determination of the suitability of the FUJIFILM products FOR a THIRD PARTY CUSTOMER’S
INTENDED OR DESIRED USES is the sole responsibility of Customer AND/OR SUCH THIRD PARTY CUSTOMER, AND FUJIFILM shall have no responsibility
in connection therewith. 

 

2.8          
Schedule 2 attached hereto and made a part hereof sets forth the prices and any related special terms and conditions applicable
to the purchase of Fujifilm Products. All Fujifilm Products released for general availability to OEM Customers will be made available
for sale to Customer under this Agreement. Schedule 2 may be updated to include new or additional Fujifilm Products by an amendment
to this Agreement signed by Customer and Fujifilm. No purchase order or other document submitted by Customer shall modify or supersede
any provision of this Agreement.

 

2.9          
Customer will pay to Fujifilm the Contingent Payment in accordance with the procedure set forth in this Section 2.11. To the extent
that the Contingent Payments falls below the Maximum Amount set forth in subsection C of Schedule 2, then Customer will provide
Fujifilm with a written report, no later than thirty (30) days following the end of each calendar quarter during the Term, describing
(i) the amount and total price of all Ink sold by the Customer, leased or otherwise disposed of by Customer, for use with any
Customer Product during such period, together with a detailed calculation sufficient to establish a statement of Contingent Payment
due for such quarter, and (ii) Contingent Payment, if any, due pursuant to Schedule 2 for Customer Products sold during such period.
For Contingent Payment lower than the Maximum Amount, Customer will pay any Contingent Payment due together with such report.
In connection with payments lower than the Maximum Amount, Fujifilm shall have the right to audit the books and records of Customer
[* * *] during the Term ([* * *]) to verify the Contingent Payment paid and the applicable quarterly reports. The audit shall
be pre-coordinated with Customer and shall be conducted by an accounting firm designated by Fujifilm and pre-coordinated with
Customer. If any such audit discloses an underpayment of Contingent Payment, Customer will pay the shortfall immediately upon
receipt of written notice. If such shortfall exceeds [* * *] percent ([* * *]%) of the Contingent Payment due, Customer shall
also reimburse Fujifilm for the costs of the audit.

 

[* * *] Portions of this agreement were omitted
and a complete copy of this agreement has been provided separately to the Securities and Exchange Commission pursuant to the company’s
application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended. 

 

    	 	1-4	 

     

    

 

2.10Fujifilm
acknowledges that Customer’s development of Customer Products depends upon Fujifilm’s technological roadmap for the
Fujifilm Products. In order to maintain the Parties current cooperation, Fujifilm will, on a [* * *] basis during the Term, exercise
its best efforts to disclose to Customer’s authorized representative its then-expected technological roadmap for the Fujifilm
Products for the next [* * *] ([* * *]) years, subject to the confidentiality and ownership of intellectual property provisions
set forth in this Agreement and Schedule 4.

  

		3.	Limitation
                                         of Liability.

 

NEITHER
PARTY SHALL BE LIABLE TO THE OTHER PARTY OR ITS AFFILIATES FOR ANY INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES (INCLUDING,
WITHOUT LIMITATION, LOSS OF PROFIT, REVENUE, BUSINESS OR OPPORTUNITY), WHETHER BASED IN CONTRACT, TORT OR ANY OTHER LEGAL THEORY,
OR FOR THE COST OF SUBSTITUTE GOODS, EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES IN ADVANCE. 

 

FUJIFILM’S
MAXIMUM LIABILITY FOR EACH CLAIM (OTHER THAN FOR FRAUD) BY CUSTOMER, CUSTOMER AFFILIATES, THIRD PARTY CUSTOMERS OR ANY OTHER THIRD
PARTIES ARISING OUT OF OR RELATED TO THIS AGREEMENT SHALL NOT EXCEED, IN THE AGGREGATE, THE GREATER OF [* * *] PERCENT
([* * *]%) OF PAYMENTS FOR FUJIFILM PRODUCTS MADE BY THE CUSTOMER TO FUJIFILM DURING THE [* * *] ([* * *])
MONTH PERIOD PRECEDING A CLAIM OR U.S. $[* * *]. NOTWITHSTANDING THE FOREGOING, FUJIFILM’S TOTAL LIABILITY FOR ALL
CLAIMS (OTHER THAN FOR FRAUD) ARISING OUT OF OR RELATED TO THIS AGREEMENT SHALL NOT EXCEED, IN THE AGGREGATE, [* * *]DOLLARS
(U.S. $[* * *]). 

 

THE
PARTIES HAVE RELIED UPON THE LIMITATIONS SET FORTH HEREIN IN DETERMINING WHETHER TO ENTER INTO THIS AGREEMENT. THE REMEDIES PROVIDED
TO CUSTOMER AND ITS AFFILIATES IN THIS AGREEMENT ARE EXCLUSIVE.

 

		4.	Distribution
                                         Rights

 

4.1          
Fujifilm hereby grants Customer a non-exclusive right to sell, lease and use Fujifilm Products and components thereof for, and/or
integrated with, Customer Products on a worldwide basis to Third Party Customers or
for OEM agreements between Customer and Third Party Customers for the sale of such Third Party Customer products with Fujifilm
Products, provided that:

 

	 	(i)	all
Reserved Markets are hereby excluded;

 

[* * *] Portions of this agreement were omitted
and a complete copy of this agreement has been provided separately to the Securities and Exchange Commission pursuant to the company’s
application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended. 

 

    	 	1-5	 

     

    

 		(ii)	Hardware
                                         may be sold by Customer only as integral components of Customer Products, or as spare
                                         or replacement parts for Customer Products;
	 	 	 

		(iii)	Customer
                                         shall not sell Fujifilm Ink for use other than in conjunction with Customer Products;
                                         and

 

		(iv)	to
                                         maintain the non-exclusive rights under this Section 4.1, Customer must fulfill its obligation
                                         to pay the Contingent Payment pursuant to Section 2.11 at all times, if applicable.

 

4.2          To
the extent Customer may directly or indirectly market Customer Products, Fujifilm Products, or other items under this Agreement,
Customer may do so under any present or future Customer or Customer Affiliate trademark or product designation, or OEM partner
trademark or product designation, as applicable. Customer shall refer to any product so designated, in all Customer sales proposals,
advertising literature, and otherwise, as a Customer or Customer Affiliate product. Customer may ship those products in containers
bearing the Customer or Customer Affiliate logo, class and serial number of the product, and all other information or markings
desired by Customer or required by law. Customer shall not use the Fujifilm name or any
Fujifilm trademark, service mark or logo in connection with the sale of Customer Products, whether directly to Third Party
Customers or indirectly as an OEM manufacturer to such Third Party Customers, absent a separate written trademark license agreement
between the Parties.

 

		5.	Confidential
                                         Information and Intellectual Property Rights

 

5.1          
In connection with the supply of Fujifilm Products and related activities contemplated hereunder, which may include [* * *] as
mutually agreed by the Parties, the Parties may share their respective Confidential Information on a voluntary basis to facilitate
the success of, and rapid time to market, of Customer Products. In order to foster a constructive and solution-oriented environment,
the Parties agree to define and handle Confidential Information disclosures and Intellectual Property Rights from and after the
Effective Date in accordance with Schedule 4 attached hereto and made a part hereof.

 

5.2          Except
as expressly authorized in writing by Fujifilm, Customer will not use Fujifilm’s name, trademarks, logos or service marks
or refer to Fujifilm or any of its Affiliates directly or indirectly in any customer list, advertising, sales presentation, news
release, or release to any professional or trade publication, or for any other purposes without Fujifilm’s prior written
approval of such use and of the form and substance of the reference.

 

		6.	[*
                                         * *]

 

6.1   
[* * *].

 

[* * *] Portions of this agreement were omitted
and a complete copy of this agreement has been provided separately to the Securities and Exchange Commission pursuant to the company’s
application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended. 

 

    	 	1-6	 

     

    

 

		7.	Term
                                         and Termination

 

7.1          
The Term shall commence on the Effective Date and shall expire four (4) years after the Effective Date, unless this Agreement
is earlier terminated pursuant to Section 7.2 below (the “Initial Term”). Unless this Agreement is earlier
terminated, the Agreement will be extended at the end of the Initial Term by a three (3) year period, and then unless earlier
terminated, by successive one (1) year periods (each, a “Renewal Term”) unless either Party notifies
the other Party ninety (90) days prior to the end of the Initial Term, or the applicable Renewal Term, that it does not want the
Agreement to renew. The Initial Term and each Renewal Term shall be collectively referred to as the “Term.”

 

7.2          
This Agreement may be terminated prior to expiration of the Term if any of the following occurs:

 

	 	(i)	Fujifilm and Customer may at any time agree in writing
to terminate this Agreement.

 

	 	(ii)	If Customer fails to pay Fujifilm any amount due hereunder,
then Fujifilm shall have the right to terminate this Agreement if Customer does not cure such failure within sixty (60) days after
receipt of a written notice from Fujifilm stating the facts on which Fujifilm based its determination that such a failure occurred.
However if the Customer believes that the required payment was already disbursed or is not due in accordance with the terms of
this Agreement, the Customer may deposit the disputed amount with a trustee until dispute is resolved. Amounts held by the trustee
shall be considered “paid” for the purpose of this subsection and be further transferred upon resolution of such dispute
in accordance with the provisions of Section 10.1.

 

			(iii) 	Subject
                                         to Article 10 below, if either Party breaches any of its material obligationunder
                                         this Agreement and such breach is not cured within ninety (90) days after receipt of
                                         a written notice from the non-breaching Party, the non-breaching Party shall have the
                                         right to terminate this Agreement.

 

	 	(iv)	If the Parties cannot agree on the amended prices in
accordance with Schedule 2hereto, the Customer shall have the right to terminate this Agreement within one hundred and eighty
days (180) of expiration of the then existing agreed upon prices if notified by Fujifilm that prices are amended despite disagreement
of Customer. During such 180 day period, existing prices will remain in effect.

 

	 	(v)	Should Customer be of the reasonable opinion that then
existing Fujifilm Products does not meet its changing technological requirements, it will be entitled to terminate this Agreement
by prior written notice to Fujifilm of one hundred and eighty (180) days.

 

7.3          
All financial obligations due and owing whether or not invoiced as of the effective date of termination shall survive termination.
All forecasts and purchase orders not accepted by Fujifilm prior to the effective date of termination shall terminate without
liability or consequence to either Party as of the effective date of termination. All sales of Customer Products which include
Fujifilm Products purchased in accordance with this Agreement prior to the effective date of termination shall remain in full
force and effect.

 

[* * *] Portions of this agreement were omitted
and a complete copy of this agreement has been provided separately to the Securities and Exchange Commission pursuant to the company’s
application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended. 

 

    	 	1-7	 

     

    

 

7.4           Notwithstanding any termination of this Agreement, the indemnification provisions in Section 9 shall survive the termination of
this Agreement with no time limitation and the confidentiality clauses in Section 5 shall continue in effect for a period of five
(5) years after the date of disclosure of Confidential Information.

 

		8.	Product
                                         Change

 

8.1           Fujifilm
will notify Customer of any expected change in a Product comparing the original Technical Information that affects form, fit,
or function of such Product or if such change may affect or otherwise adversely impact quality or reliability of the respective
Product.

 

8.2           The
notification by Fujifilm will be provided to the Customer in writing at least [* * *] (“Product Change Notice Period”)
before the implementation of any change. Such notice will include, but not be limited to:

 

		-	[*
                                         * *],

		-	[*
                                         * *],

		-	[*
                                         * *],

		-	[*
                                         * *]

		-	[*
                                         * *],

		-	[*
                                         * *]; and

		-	[*
                                         * *].

 

8.3          
Fujifilm
and Customer will cooperate during the Product Change Notice Period, or for a longer period as may be mutually agreed in writing
by the parties [* * *] among other things by providing information and access to allow such transition to Customer Product, if
applicable.

 

8.4           In the event that Fujifilm and Customer are unable to adjust the Customer Products to meet Customer’s technical requirements
during the Product Change Notice Period or any written extension thereof, then upon expiration of the Product Change Notice Period
or any written extension thereof, Customer may issue a final non-cancellable blanket purchase order for Fujifilm Products (not
including the change) in quantities not to exceed the volume of Fujifilm Products purchased by Customer during the [* * *] period
immediately preceding the date of Customer’s prior purchase order for Fujifilm Products. Customer hereby agrees to take
delivery of all ordered quantities of Fujifilm Products within [* * *] from the date of Customer’s blanket purchase order.
Notwithstanding the foregoing, Fujifilm’s obligation to supply Fujifilm Products under this Section 8.4 shall be subject
to the availability of raw materials necessary to manufacture the Fujifilm Products. In no event will Fujifilm be required to
purchase necessary raw materials upon unreasonable terms and/or at unreasonable prices in order to meet its obligations hereunder.

 

[* * *] Portions of this agreement were omitted
and a complete copy of this agreement has been provided separately to the Securities and Exchange Commission pursuant to the company’s
application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended. 

 

    	 	1-8	 

     

    

 

		9.	Indemnification;
                                         Infringement of Third Party Rights 

 

9.1           Fujifilm shall, at its expense, investigate, defend and, at its option, settle any Third Party claims against Customer that a
Fujifilm Product infringes or otherwise violates any issued patent, copyright, mask work, trademark, trade secret, or proprietary
right of any Third Party (each, a “Claim”), and Fujifilm shall fully indemnify and hold Customer, its Affiliates
and each of their respective directors, officers, employees and agents harmless against any claim, allegation, suit, liability,
loss, damage, judgment, settlement, cost or expense (including reasonable attorney’s fees) arising out of, or related to
a Claim. Fujifilm shall have sole authority to defend and settle such Claim, and Customer shall provide reasonable assistance
in connection with such defense at Fujifilm’s expense to the extent such settlement does not impose any admission of liability
or other undertakings by the Customer. If an injunction issues against Fujifilm’s sale of a Fujifilm Product, or in Fujifilm’s
opinion an injunction is likely to issue against Fujifilm, then Fujifilm may, at its option and expense, use reasonable efforts
to: (i) obtain rights sufficient in scope to allow Fujifilm to continue to sell the allegedly infringing Fujifilm Product, or
(ii) replace or modify that Fujifilm Product so that it becomes non-infringing, subject to the notification provisions set forth
in Section 8. The foregoing states the entire obligation of Fujifilm and the sole remedy of Customer with respect to an infringement
Claim, injunction, threatened injunction or the like.

 

Fujifilm
shall not be obligated hereunder to the extent (i) Customer fails to promptly give Fujifilm notice of a Claim, appropriate authority
to settle or defend a Claim, or fails to promptly provide the information and assistance reasonably necessary to conduct the defense
of a Claim, unless such delayed notice did not adversely affect Fujifilm’s ability to defend such Claim, or (ii) a Claim
arises from or is based upon (a) use by Customer, its Affiliates or any Third Party of a Fujifilm Product in a manner for which
it was not intended, (b) any enhancements, modifications, alteration or implementation of a Fujifilm Product, (c) the combination
of a Fujifilm Product with any item, information, devices or processes that Fujifilm did not directly furnish to Customer pursuant
to this Agreement or (d) alleged infringement or violation of any patents, copyrights, mask works, trade secrets, trademarks,
or proprietary or other information which result from Fujifilm’s compliance with Customer’s designs, specifications
or instructions.

 

9.2          
Customer shall fully indemnify, defend and hold Fujifilm, its Affiliates and each of their respective directors, officers, employees
and agents harmless against any claim, allegation, suit, liability, loss, damage, judgment, settlement, cost or expense other
than with respect to a Claim, (including reasonable attorneys’ fees) arising out of, or related to (i) any gross negligence
or intentionally tortious acts or omissions of Customer or its agents, (ii) Customer's use or sale of any Customer Product or,
(iii) any breach of the terms of this Agreement by Customer.

 

9.3          
Fujifilm shall indemnify, defend and hold Customer, its Affiliates and each of their respective directors, officers, employees
and agents harmless against any expense, judgment or loss arising out of (i) gross negligence or intentionally tortious acts or
omissions of Fujifilm or its agents or (ii) any breach of the terms of this Agreement by Fujifilm, except to the extent that Customer
is obligated to indemnify Fujifilm under Section 9.2 above.

 

		10.	Miscellaneous

 

10.1         In the event of a disagreement between the Parties in connection with the performance of this Agreement and such disagreement
is not reconciled by the normal commercial personnel of the Parties (a “Dispute”), the Vice President of Marketing
& Sales (or his/her designee) of Fujifilm and his/her counterpart at Customer will negotiate in good faith to attempt to resolve
such Dispute. If the Dispute is not resolved within [* * *] ([* * *]) days from the commencement of such discussions, then Chief
Executive Officer (or his/her designee) of Fujifilm and his/her counterpart at Customer will meet and attempt in good faith to
reach resolution. Such senior executives shall have at least [* * *] ([* * *]) days from the expiration of the previous [* * *]
([* * *]) day period to resolve the Dispute. The Parties must complete the foregoing dispute resolution process before serving
written notice on the other Party alleging a material breach of this Agreement. Notwithstanding the foregoing, either Party may
seek injunctive relief in a court of competent jurisdiction without the necessity of posting a bond to protect its Intellectual
Property or Confidential Information.

 

[* * *] Portions of this agreement were omitted
and a complete copy of this agreement has been provided separately to the Securities and Exchange Commission pursuant to the company’s
application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended. 

 

    	 	1-9	 

     

    

 

10.2         Fujifilm and Customer are contractors independent of one another. Nothing in this Agreement is intended to or shall constitute
either Party as an agent, legal representative, partner, joint venture, franchisee, employee, or servant of the other Party for
any purpose. Neither Party shall make any contract, agreement, warranty, or representation on behalf of the other Party, or incur
any debt or other obligation in the other Party’s name, or act in any manner which has the effect of making that Party the
apparent agent of the other Party; and neither Party shall assume liability for, or be deemed liable as a result of, any such
action by the other Party. Neither Party shall be liable by reason of any act or omission of the other Party in the conduct of
its business or for any resulting claim or judgment, including without limitation those arising from oral or written statements
the other Party makes in connection with its marketing efforts (other than statements made in reliance on written information
which the first Party furnishes to the other Party).

 

10.3         Neither Party may assign this Agreement or any of their respective rights and obligations under this Agreement without the express
written consent of the other Party before that assignment, except that either Party may without the other Party’s prior
consent assign this Agreement to an Affiliate or to a successor in interest by way of a merger, or a successor in ownership of
all or substantially all of its assets. Any assignment under this Section 10.3 will not relieve the assigning Party of its outstanding
financial obligations, if any, incurred before the assignment. This Agreement shall be binding upon and inure to the benefit of
the Parties and their respective successors and permitted assigns.

 

10.4         A waiver of a default of any term of this Agreement shall not be construed as a waiver of any later default of that provision
or as a waiver of the provision itself. A Party’s performance after the other Party’s default shall not be construed
as a waiver of that default.

 

10.5         Neither Party shall be liable to the other party in any way for failure or delay in carrying out the terms of this Agreement due
to any cause or circumstance beyond its reasonable control, including, but not limited to, any act of God, fire, flood, war, explosion,
labor difficulties, inability to obtain necessary labor or materials, interruption of transportation, civil commotion, and acts
of any governmental authority (each a “Force Majeure Event”). In no event will Fujifilm be required to purchase
any products and/or services in the marketplace to meet its obligations hereunder or be required to purchase materials and/or
services necessary upon unreasonable terms and/or at unreasonable prices in the event of any Force Majeure Event. During any shortage
of Products and/or inability to provide services due to a Force Majeure Event, Fujifilm shall apportion and allocate Products
and/or services among itself its Affiliates and customers. Fujifilm shall exercise its commercially reasonable efforts to continue
its performance under this Agreement as soon as reasonably practicable following any Force Majeure Event. Fujifilm abides by an
internal Business Continuity Plan dated May 27, 2015, a copy of which was provided to Customer. Company acknowledges that Fujifilm
may modify or update such Business Continuity Plan from time to time.

 

    	 	1-10	 

     

    

 

10.6         Each term of this Agreement is severable. If a court having jurisdiction determines that any term is invalid or unenforceable
under applicable law, that determination shall not affect the other terms of this Agreement, which other terms shall continue
to be enforced as if the invalid or unenforceable provisions were omitted. In such event, the Parties agree to negotiate in good
faith the severed provision in question and replace it with a lawful provision that most nearly embodies the original intention
of the Parties.

 

10.7         The state and federal law of the State of Rhode Island, United States of America, shall govern the interpretation and enforcement
of this Agreement and any dispute arising out of or related to this Agreement, without giving effect to any conflict of laws principles
that may cause the law of any other jurisdiction to apply.

 

10.8         Except as this Agreement otherwise provides, no amendment to this Agreement shall be binding unless agreed to in a writing executed
by Fujifilm and Customer, and no approval, consent, or waiver shall be enforceable unless signed by the granting Party. The pre-printed
terms of any order (including, without limitation, a purchase order), acknowledgment, or other form do not amend this Agreement.
No document shall be deemed to amend this Agreement by implication.

 

10.9         This Agreement, together with the Schedules, Exhibit and Appendix attached hereto, states the complete agreement between Fujifilm
and Customer concerning the subject matter hereof, and supersedes all earlier oral and written communications between Fujifilm
and Customer concerning the subject matter hereof.

 

10.10       All notices, consents, approvals and other communications hereunder shall be in writing and shall be deemed given if delivered
personally or sent by overnight courier service, or e-mail, promptly confirmed by overnight courier service, as set forth below,
addressed to the Parties at the following addresses (or at such other address for a Party as shall be specified by like notice,
provided that notice of a change of address shall be effective only upon receipt):

 

If
to Fujifilm:

 

	Chief
    Executive Officer and President	Legal
    Department
	FUJIFILM
    Dimatix, Inc.	FUJIFILM
    Holdings America Corporation
	2230
    Martin Avenue	200
    Summit Lake Drive
	Santa
    Clara, California 95050	Valhalla,
    New York 10595
	E-mail:
    mschoeppler@fujifilm.com	E-mail:  legaldepartment@fujifilm.com

 

If
to Customer:

 

	Chief
    Executive Officer	Aviv
    Avidan-Shalit
	Kornit
    Digital Technologies Ltd.	Meitar
    Liquornik Geva Leshem Tal
	12
    Ha'Amal St., Afek Park	16
    Aba Hillel St.
	Rosh-Ha
    'Ayin 4809246, Israel	Ramat
    Gan, Israel
	Email:
    Gabi.Seligsohn@kornit.com	avivav@meitar.com

 

    	 	1-11	 

     

    

 

Any
notice, consent, approval and other communication if delivered personally or sent by overnight courier service shall be deemed
given when so delivered (or delivery refused), and, in the case of e-mail, upon receipt of transmission if before the receiving
Party’s normal business hours, or on the next business day if receipt of transmission was after the receiving Party’s
normal business hours, and in either event, if confirmed by courier as set forth above.

 

10.11      This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute
one and the same instrument. The Parties agree that signatures by electronic mail in “portable document format” (“.pdf”
format), or by any other electronic means intended to preserve the original graphic and pictorial appearance of a document, or
by a combination of such means, shall be deemed a valid and binding execution of this Agreement.

 

AGREED
TO AND ACCEPTED BY:

 

	FUJIFILM
                    DIMATIX, INC.

	 	KORNIT DIGITAL TECHNOLOGIES LTD.

	 	 	 	 	 	 	 
	By:	/s/Martin
    Schoeppler	 	By:	/s/
    Guy Avidan	 	/s/Ofer
    Sandelson
	 	Name:
    Martin Schoeppler	 	Name:	Guy
    Avidan	 	Ofer Sandelson
	 	Title:
    CEO and President	 	Title:	CFO	 	COO
	 	Date:
    January 9, 2016	 	 	Date:
    Dec. 3, 2015	 	Dec. 5, 2015

 

    	 	1-12	 

     

    

 

SCHEDULE
1

ADDITIONAL
TERMS AND CONDITIONS

 

1.1.
FORECASTS AND PRODUCTION ESTIMATES:  Customer will provide Fujifilm with a [* * *] forecast of Fujifilm Product requirements;
provided, however, that orders placed hereunder are non-cancelable and non-deferrable beginning [* * *] prior to the applicable
scheduled delivery date. Customer will provide Fujifilm with [* * *] advance notice to add significant additional manufacturing
capacity. Fujifilm may not be able to meet orders as a result of changes in or requirements in excess of those set forth in [*
* *] forecasts. Furthermore, the Parties agree to use their reasonable efforts, particularly during significant ramp periods,
to coordinate, communicate and level out product delivery requirements so that Customer's requirements and Fujifilm’s capacity
are matched as closely as possible. Production estimates are not guaranteed, but result from careful analysis of Customer's submitted
requirements and present reasonably expected output under normal conditions. 

 

1.2ORDERS:
Customer will order Fujifilm Products through the issuance of purchase orders at least [* * *] in advance of the requested
delivery dates. All preprinted terms and conditions on purchase orders are superseded entirely by the terms and conditions of
this Agreement. Each purchase order will (i) adequately identify the Fujifilm Product ordered by use of Fujifilm’s product
code, (ii) set forth the requested quantity, and (iii) specify the requested delivery method and date. Purchase orders must be
in writing and may be sent via e-mail or facsimile to Fujifilm’s Customer Service group. To confirm its acceptance of each
purchase order, Fujifilm will issue to Customer an acknowledgment of such purchase order in writing or sent via e-mail or facsimile
within five (5) business days of receipt. If Customer does not receive an acknowledgment of a purchase order within this timeframe,
Customer should contact Fujifilm immediately to follow up on the status of the order.

 

Upon
receipt of any purchase order submitted in accordance with this Agreement, Fujifilm will either: (i) accept the order, which will
establish the delivery date; or (ii) notify Customer of Fujifilm’s proposed delivery date, if Fujifilm is unable to deliver
the Fujifilm Product in the amounts and/or at the time or times requested. Once accepted, this will become the commitment date.
If Fujifilm cannot fulfill Customer's purchase orders due to a shortage of any Fujifilm Product, Fujifilm shall use its reasonable
efforts to satisfy Customer's purchase requirements as closely as possible.

 

1.3PRICES:
Prices are exclusive of any applicable federal and state taxes such as excise and use taxes which will be separately shown
on invoices. Prices are [* * *] (Incoterms 2010). Specification changes by Customer may affect prices. Customer must provide Fujifilm
with a certificate for exemption from state taxes where applicable.

 

1.4PAYMENT
AND SECURITY:

 

1.4.1Payment
shall be made by Customer within [* * *] of invoice date. For the purpose of securing payment of amounts due Fujifilm from the
Customer hereunder, Customer hereby grants to Fujifilm: (i) a continuing first purchase money security interest in the Fujifilm
Products to be shipped hereunder, and all accessions thereto and substitutions therefor; and (ii) a continuing purchase money
security interest in all of the proceeds of the foregoing. If Customer fails to make payment to Fujifilm of any invoice for any
Fujifilm Product shipped by Fujifilm within [* * *] of the date of such invoice, or should Customer become insolvent or be a party
to any bankruptcy or receivership proceeding prior to full payment of all amounts payable hereunder, Fujifilm may, notwithstanding
any other provisions herein set forth, exercise any and all of its rights as a secured creditor under applicable law, including
without limitation: (a) refuse to make further shipments to Customer; (b) with demand or notice to Customer declare the entire
amount unpaid immediately due and payable; and (c) sell any or all of said products as permitted under applicable law, applying
the proceeds of the sale to the expenses of retaking, repairing and selling said products, reasonable attorney’s fees and
the satisfaction of all indebtedness then due and unpaid. Any surplus shall be paid to Customer and any deficiency shall be paid
to Fujifilm by Customer. All past due amounts shall accrue a delinquency charge at the rate of [* * *] percent ([* * *]%) per
month. The provisions of Section ‎7.2(ii) in connection with payments to a trustee in case of a dispute shall apply to payments
hereunder. 

 

[* * *] Portions of this agreement were omitted
and a complete copy of this agreement has been provided separately to the Securities and Exchange Commission pursuant to the company’s
application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended. 

 

    	 	1-13	 

     

    

  

1.4.2The
foregoing notwithstanding, if Fujifilm, in its sole discretion, determines any Customer to have insufficient credit worthiness,
Fujifilm reserves the right to (i) require payment of all or a portion of the invoice amount in advance of commencing work on
or shipping any order, or (ii) require full payment in less than [* * *] from the invoice date of any order. For orders shipped
outside the United States, payment may be made by (i) a bank draft on a bank acceptable to Fujifilm, or (ii) by a confirmed, irrevocable
letter of credit naming Fujifilm as beneficiary with order or other terms as arranged by Fujifilm. Any charges related to such
letter of credit or other payment arrangement shall be for Customer's account.

 

1.4.3Nothing
herein shall require Fujifilm to ship Fujifilm Products to Customer if any of the requirements in this Schedule 1 are not fulfilled
by Customer.

 

1.5DELIVERY:
Delivery to a public carrier at Fujifilm’s manufacturing facility, consigned as Customer directs, shall constitute transfer
of the shipment’s title, ownership, possession, and property to Customer at point of such delivery. Such carrier will thereafter
be deemed as acting for Customer and the shipment will be at Customer's risk. Fujifilm Products will be delivered to Customer
in packaging reasonably acceptable to Customer, given shipment, warehousing and storage requirements. Customer will advise Fujifilm
in writing of any special packaging and/or labeling requirements at the time of placing an order. Customer will pay the cost of
any special packaging and/or special labeling.

 

1.6DISCONTINUANCE:
Fujifilm may, at its option, discontinue any Fujifilm Product supplied under this Agreement; provided, however, that: (i) Fujifilm
gives Customer at least twelve (12) months prior written notice of any planned discontinuance (“Product Discontinuance
Notice Period”); and (ii) Fujifilm provides Customer with an end of life purchase program to be mutually agreed
upon in writing by both parties, which shall include replacement spares and technical support for the Fujifilm Products for a
period of [* * *] from date of discontinuance notice. Upon expiration of the Product Discontinuance Notice Period, Customer may
issue a final non-cancellable blanket purchase order for discontinued Fujifilm Products in quantities not to exceed the volume
of Fujifilm Products purchased by Customer during the Product Discontinuance Notice Period. Customer hereby agrees to take delivery
of all ordered quantities of discontinued Fujifilm Products within [* * *] from the date of Customer’s blanket purchase
order. Notwithstanding the foregoing, Fujifilm’s obligation to supply discontinued Fujifilm Products under this Section
1.6 shall be subject to the availability of raw materials necessary to manufacture the discontinued Fujifilm Products. In no event
will Fujifilm be required to purchase necessary raw materials upon unreasonable terms and/or at unreasonable prices in order to
meet its obligations hereunder.

 

1.7CANCELLATION
OR RETURNS: If Fujifilm agrees to the cancellation by Customer of an order within [* * *] of scheduled delivery, all future
work thereon will be stopped by Fujifilm as soon as reasonably possible and a cancellation charge will be rendered in the amount
of the costs incurred to the date of stoppage plus [* * *] percent ([* * *]%), less allowances Fujifilm may be able to make for
standard components and salvage. Cancellations as to any completed Fujifilm Products shall not be effective and the order will
be shipped and billed to Customer at the order prices.

 

[* * *] Portions of this agreement were omitted
and a complete copy of this agreement has been provided separately to the Securities and Exchange Commission pursuant to the company’s
application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended. 

 

    	 	1-14	 

     

    

 

SCHEDULE
2

PRICES
FOR FUJIFILM PRODUCTS 

 

	A.	PRINTHEADS
    and JETTING ASSEMBLIES (includes standard packaging)*

 

	PART
    NUMBER	 	 	DESCRIPTION	 	ORDER
    QTY	 	UNIT
    PRICE	 
	 	 	 	 	 	 	 	 	 
	 	05536	 	 	Nova
    JA 256/80 AAA	 	[*
    * *]	 	 	$[*
                                         * *]	 
	 	 	 	 	 	 	 	 	 	 	 
	 	09493	 	 	Galaxy
    JA 256/80 AAA	 	[*
    * *]	 	 	$[*
                                         * *]	 
	 	 	 	 	 	 	 	 	 	 	 
	 	22140	 	 	PQ-256/35
    JM	 	[*
    * *]	 	 	$[*
                                         * *]	 
	 	22168	 	 	PQ-256/85
    JM	 	[*
    * *]	 	 	$[*
                                         * *]	 
	 	31397	 	 	PWR-256/35
    JM	 	[*
    * *]	 	 	$[*
                                         * *]	 
	 	 	 	 	 	 	 	 	 	 	 
	 	27389	 	 	SG1024
    MA	 	[*
    * *]	 	 	$[*
                                         * *]	 
	 	27400	 	 	SG1024-MA
    2C	 	[*
    * *]	 	 	$[*
                                         * *]	 

 

*All
prices under this Section A are fixed until December 31, 2016.

 

	B.	PRICE
    INCREASES

 

Beginning
twelve (12) months after the Effective Date, and/or from time to time thereafter, Fujifilm may, by a written notice delivered
ninety (90) days in advance to Customer, increase prices of Fujifilm Products if Customer’s volume decreases by [* * *]
percent ([* * *]%) from the volume taken in the preceding [* * *] ([* * *]) months. A price increase cannot be more than [* *
*] percent ([* * *]%) annually of the price paid by Customer for Fujifilm Products listed on this Schedule 2. Price increases
will not apply to orders that are non-cancelable and non-deferrable (pursuant to Schedule 1) at the time of notice of the increase.
Any notice of price increase in accordance with the foregoing shall constitute an amendment to this Schedule 2.

 

	C.	CONTINGENT
    PAYMENT

 

For
each calendar year during the Term of this Agreement, Customer shall pay to Fujifilm a contingent payment at the rate of two and
one-half percent (2.5%) of the total gross revenue received by Customer (less returns, allowances, sales and use taxes) for sales
of Ink by Customer to Third Party Customers for use in Customer Products, not to exceed a contingent payment to Fujifilm in the
amount of U.S. $[* * *] per year.

 

	D.	REBATE
                                         PROGRAM

 

Customer
shall earn a per machine rebate for Galaxy JA 256/80 AAA Printheads (7 printheads per machine) that are used in the Kornit Breeze
Direct on Garment Entry Level Printer. The rebate will be $[* * *] per printer shipped by Kornit ($[* * *] rebate x 7 printheads)
to a Third Party Customer. This rebate offer will continue in effect until December 31, 2016. The rebate will be issued to Customer
as a credit to be used by Customer toward future Fujifilm Product purchases.

 

[* * *] Portions of this agreement were omitted
and a complete copy of this agreement has been provided separately to the Securities and Exchange Commission pursuant to the company’s
application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended. 

 

    	 	2-1	 

     

    

 

SCHEDULE
3

RESERVED
MARKETS

 

“Reserved
Market” means monochrome or spot color (as opposed to process color) applications for printing Product Identification Information
(as defined below):

(i)
directly onto products or onto the packaging for products;

(ii)
in a product manufacturing or distribution environment; and

(iii)
using a system:

(a)
incorporating less than [* * *] Dollars ($[* * *])* of Printheads, or 

(b)
in the case of printing packaging or labels, using a system having a selling price of less than [* * *] Dollars ($[* * *])* (excluding
materials handling subsystems), or 

(c)
in the case of printing on products, using a system having a selling price less than [* * *] Dollars ($[* * *])* (excluding materials
handling subsystems). 

An
application that does not meet all of the criteria set forth in (i), (ii) and (iii) above is outside the Reserved Market. For
purposes of this Schedule 3, “Product Identification Information” means date or lot codes, bar codes, serial
and part numbers, prices, manufacturer’s name, ingredients, nutritional data, instructions, warnings or other product-related
or manufacturer-related information.

In
addition to the above limits, the Reserved Market does not include:

		1.	any
                                         system that combines Product Identification Information and information other than Product
                                         Identification Information;

		2.	any
                                         system that uses process color printing, whether alone or in combination with monochrome
                                         or spot color printing;

		3.	any
                                         system that jets fluids other than human-perceivable inks, such as conductive fluids
                                         for electronics, bio materials for analysis, etc. (referred to herein as “Functional
                                         Fluids”), whether jetting Functional Fluids alone or in combination with human-perceivable
                                         inks;

		4.	printing
                                         using inks that are invisible to the naked eye, including but not limited to infrared
                                         ink;

		5.	printing
                                         of goods where the primary value of the goods is the printed content, such as documents,
                                         posters, signs, etc. (referred to herein as “Printed Media”); and

		6.	any
                                         system used in commercial printing environments (for example, where Printed Media is
                                         produced) or other environments outside of manufacturing and distribution environments.

*In
January of each year after 2005, the price thresholds set forth above are adjusted for inflation or deflation. The price thresholds
in effect on any date will be available upon request.

[* * *] Portions of this agreement were omitted
and a complete copy of this agreement has been provided separately to the Securities and Exchange Commission pursuant to the company’s
application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended. 

 

    	 	3-1	 

     

    

 

SCHEDULE
4

CONFIDENTIALITY AND INTELLECTUAL PROPERTY RIGHTS

 

Confidentiality:

 

“Confidential
Information” means all data, information and materials that a Party (“Discloser”) deems to be confidential
and proprietary to it or its subsidiaries or affiliates and which Discloser discloses to the other Party (“Recipient”)
during the Term: (i) in writing or other tangible form clearly marked “CONFIDENTIAL” or with other similar legend;
or (ii) orally or other intangible form if, at that time of initial disclosure, Discloser advises Recipient that the data, information
and materials are confidential. Notwithstanding the foregoing, information that is disclosed
without the marking or identification set forth in (i) and (ii) above, but which should be reasonably understood by Recipient to
be proprietary or confidential to Discloser because of the circumstances of disclosure, or due to the nature of the information
itself, shall be deemed Confidential Information of Discloser and treated as confidential in accordance with the terms set forth
in the Agreement and this Schedule 4.

Confidential
Information does not include any data, information and materials which Recipient can show by written documentation is:

		(a)	already
                                         known to Recipient at the time of disclosure;

		(b)	at
                                         the time of disclosure or thereafter generally known in the public domain through no
                                         wrongful act of Recipient;

		(c)	received
                                         from a Third Party free from any obligation of confidentiality, if the Third Party does
                                         not restrict Recipient from disclosing the information;

		(d)	independently
                                         developed by or for Recipient without use of or reference to the Confidential Information
                                         of Discloser;

		(e)	disclosed
                                         by Discloser to a Third Party without restrictions on disclosure; or

		(f)	required
                                         to be disclosed pursuant to court order or applicable law; provided, however, that Recipient
                                         shall promptly, and in any event prior to complying therewith, notify Discloser in writing
                                         and allow Discloser a reasonable opportunity to seek a protective order or other appropriate
                                         remedy. Upon Discloser’s written request and at Discloser’s expense, Recipient
                                         shall take reasonable steps to assist Discloser in contesting such request, requirement
                                         or order or otherwise protecting Discloser’s rights.

		(g)	With
                                         respect to Customer, information (including a copy of this Agreement) that the Customer
                                         may be required, in the context of a registration statement or periodic report, to file
                                         with the Securities and Exchange Commission (the “SEC”) or otherwise under
                                         the US Securities Act of 1933, as amended, and the US Securities Exchange Act of 1934,
                                         as amended; provided, however, that Customer
                                         shall first notify Fujifilm in writing of any such filing requirement and shall allow
                                         Fujifilm a reasonable opportunity (but no more than five (5) business days) to review
                                         and redact any documents or materials containing the Confidential Information of Fujifilm.
                                         Upon Fujifilm’s request, Customer shall take reasonable commercial efforts (as
                                         shall be advised by Customer's legal advisors) to request confidential treatment of the
                                         Confidential Information of Fujifilm from  the SEC, however, if such request
                                         be rejected by the SEC, the Customer shall act as shall be further ordered by the SEC in
                                         connection with such disclosure.

 

    	 	4-1	 

     

    

 

During
the Term and for a period of five (5) years after the date of disclosure of Confidential Information, Recipient shall (i) safeguard
the Information against unauthorized use and disclosure using at least the same degree of care that Recipient uses to protect
its own confidential and proprietary information, but in no event shall use less than reasonable care; (ii) not use the Confidential
Information for any purpose other than the purpose for which such Confidential Information was disclosed under this Agreement;
(iii) not disclose the Confidential Information to any Third Party, except that Recipient may disclose Confidential Information
to those of its employees and affiliates directly concerned with this Agreement and on a need-to-know basis only, provided that
Recipient informs each recipient of the confidential nature of the Confidential Information and each recipient agrees to be bound
by confidentiality obligations at least as restrictive as those contained herein; and (iv) not cause or permit the reverse engineering,
reverse assembly or reverse compilation of any Confidential Information or include any Confidential Information in any patent
or patent application. All Confidential Information delivered by or on behalf of Discloser under this Agreement are and shall
remain the property of Discloser. At Discloser’s written request, or upon termination of Recipient’s right to possess
the Confidential Information, Recipient shall promptly return to the Discloser, or destroy and certify the destruction of, all
Confidential Information and any copies thereof.

Except
for strict compliance with the terms and conditions of this Agreement and any NDA, including, but not limited to, confidentiality
obligations and respect for Intellectual Property Rights (as defined below), Recipient is not (i) restricted from independently
developing new products, improving existing products, or marketing any new, improved, or existing products that may be similar
to Discloser’s products or services, as long as such development is performed without use of or reliance on, and does not
embed any of the Discloser’s Confidential Information; or (ii) committed to disclose any particular information or to develop,
make, use, buy, sell, or otherwise dispose of any existing or future product, or to favor or recommend any product or service
of Discloser.

Recipient
agrees that a breach of the confidentiality obligations herein may result in irreparable harm to Discloser. In seeking enforcement
of any of the obligations set forth in the Agreement or this Schedule 4, Discloser shall therefore be entitled to seek injunctive
and other equitable relief to prevent or restrain any breach. Notwithstanding the foregoing, nothing herein shall be construed
as prohibiting Discloser from pursuing any other remedies that may be available to it, whether at law or in equity.

 

The
Parties may have executed a written non-disclosure agreement prior to the Effective Date of this Agreement (the “NDA”)
that will remain in full force and effect in accordance with the terms of the NDA, but which shall only govern confidential information
disclosed prior to the Effective Date hereof. The provisions of this Agreement and this Schedule 4 shall govern any Confidential
Information relating to this Agreement disclosed on or after the Effective Date hereof.

 

Intellectual
Property Rights:

 

Each
Party will retain its existing Intellectual Property Rights as of the Effective Date and nothing in this Agreement will amend
that understanding or serve as an implied grant of license to such Intellectual Property Rights. For the purposes of this Agreement,
“Intellectual Property” and “Intellectual Property Rights” are defined as inventions and/or
works and any and all rights under U.S. and/or foreign patents, trade secrets, know-how, copyrights, trademarks, and other industrial
or intangible property rights of a similar nature; all rights pursuant to grants and/or registrations worldwide in connection
with the foregoing and all other rights with respect thereto; all rights under applications for any such grant or registration,
all rights of priority under international conventions to make such applications and the right to control their prosecution, and
all rights under amendments, continuations, divisions, and continuations-in-part of such applications; and all rights under corrections,
reissues, patents of addition, extensions, and renewals of any such grant, registration, and/or right. Furthermore, each Party
will own the full and unrestricted Intellectual Property Rights relating to all materials, documentation, software, know-how,
inventions, processes, procedures, data, information and materials developed by a Party pursuant to this Agreement (“Work
Product”) developed solely by its employees, agents, representatives and consultants, and all Intellectual Property
Rights therein, provided that such Work Product was developed without breaching the provisions of this Schedule 4 (including the
NDA incorporated by reference).

 

    	 	4-2	 

     

    

 

Notwithstanding
anything to the contrary, any Technical Specifications, Fujifilm Products and any improvement, modification, or alteration thereto
(collectively, “Improvements”) shall remain the property of Fujifilm and in the case that an invention by employees,
agents, representatives or consultants of Customer, either solely or jointly with employees, agents, representatives or consultants
of Fujifilm, is made with respect to the Technical Specifications and/or the Fujifilm Products, Customer agrees, and hereby does,
assign any all right title and interest in such inventions and improvements to Fujifilm.

 

Notwithstanding
anything to the contrary, any Customer Products and any improvement, modification or alteration thereto developed by Customer
(collectively “Customer Improvements”) shall remain the property of Customer.

 

Subject
to the preceding language, any other invention by employees, agents, representatives or consultants of Customer, jointly with
employees, agents, representatives or consultants of Fujifilm, made in connection with this Agreement, will be jointly owned.
In such event the Parties shall agree on an agreed upon filing strategy, collaborate in good faith in preparing the application
and shall grant each other the right to freely use and exploit such patents, subject to appropriate arrangements relating to sub-licensing
of such patents and other matters the Parties may deem appropriate.

 

 

4-3Exhibit 10.7

 

	 	居无忧服务站加盟协议

 

Ju51
Service Station Franchise Agreement

 

	 	Date
    of Agreement:             Agreement No.:
	 	 
	Party
    A:	Party
    B: Xinyu Xingbang Information Industry Co., Ltd.

 

In
accordance with the Contract Law of the People’s Republic of China and related laws and regulations, the following
agreement is made by and between Party A and Party B concerning Party A’s establishing the service station in ju51 based
on the principle of equality, free will and friendly negotiation.

 

I.
Cooperation Details

 

1.
Party B, as the owner of the ju51platform (http://www.ju51.com), a national ecommerce model enterprise, has the operation
right to the ju51 products and advertising agency services, is responsible for providing the channel for development, exploitation,
promotion and operations for ju51 products and advertising agency services and Party B has the right to invite investment for
and approve ju51 service stations.

 

2. To increase the sources of Party A’s
online and offline service income, upon Party B’s approval, it is agreed that Party A shall establish the service station
in ju51 under the name of “Ju51 Service Station” (hereinafter, the “Service Station”), and to provide after
sale and related services in connection with ju51 products and advertising agency business in County (District), City, Province.
Based on Party B’s authorization, Party A shall be responsible for the operation of the ju51 local service platform in its
area, the operation and publishing of Ju51 Periodical (Local Edition), regional platform promotion, development and management
of the regional experience center, integration of regional brands and manufacturers, regional client services and sales of ju51’s
other products and shall develop members in the decoration industry such as merchants, decoration technicians and special members
according to ju51’s overall strategic plan.

 

3.
Party A undertakes to employ business personnel to fulfill the business objectives and tasks and accept the responsibility assessment
pursuant to the requirements and objectives of the Responsibility Statement for Business Objectives of Ju51 Service Station
(See Appendix 1 herein).

 

4.
Party A undertakes to decorate the Service Station according to requirements provided by Party B within half a month from the
date of execution of this Agreement and pays for the decoration costs. The decoration rendering is subject to Party B’s
approval before actual decoration. Party A shall assume all responsibilities for failure of acceptance inspection due to unauthorized
decoration. The service station with failure of decoration shall rectify it according to Party B’s written rectification
notice. If Party A fails to rectify it within one month, Party B is entitled to terminate the cooperation unilaterally without
any responsibility.

 

5.
Party A undertakes to arrange accommodation and bear the accommodation costs for Party B’s personnel who provide related
training and counseling services at Party A’s place during the cooperation.

 

6.
Based on Party B’s authorization, Party A acting as agency for Party B’s platform services can get the commissions
from the agency fees and from Ju51 Mall transactions in a certain proportion. The proportion of commissions is subject to the
policy issued by Party B.

 

7.
Both parties shall designate a staff to contact the financial staff of the other party and use their bank account stated at the
place with seals as their respective collection accounts on a monthly basis
pursuant to the Ju51’s regulations. The settlement process is that Party B pays to Party A the service commissions for previous
month before the 10th day next month after Party A issues the invoice to Party B subject to verification of the accounts by both
parties.

 

    	 	1 / 4	 

     

    

 

	 	居无忧服务站加盟协议

 

II.
Cooperation Period and Payment

 

1.
The cooperation period is one year and shall be calculated after 45 days from the date when Party A signs this Agreement and pays
the agency fee. After the end of cooperation, both parties may negotiate the renewal of this Agreement according to Party A’s
achievement of the business objectives.

 

2.Party
A shall pay the franchise fee of RMB10,000 (in words: RMB Ten Thousand Only)
to Party B’s designated bank account within 7 days after execution of this Agreement, and Party B shall issue the invoice
to Party A. Party A will officially obtain the qualification for Ju51 Service Station after signing and payment. In case of failure
to pay the annual franchise fee more than 7 days, this Agreement shall be deemed invalid.

 

3.
The payment herein shall be transferred by Party A to Party B’s designated corporate bank account. Party B shall not be
liable for any dispute due to paying Party B’s salesmen in cash.

 

III.
Collection and Refund of Service Deposit

 

1.
Party A shall pay to Party B the service deposit of RMB10,000 (in words: RMB
Ten Thousand Only), which shall be collected by Party B by deducting from the service charges for Party A’s preliminary
service station or from the business commissions . After the deposit of RMB
Ten Thousand Only is received, Party B shall issue the receipt. Party B shall pay to Party A the earned income normally thereafter.
In case of no violations by Party A, the service deposit shall be refunded in full without interest subject to Party B’s
approval after the end of cooperation.

 

2.
Such service deposit shall be used for compensation or fine due to Party A’s service quality. If compensation or fine is
required, Party B will deduct it from the deposit paid by Party A that shall make up for the relevant deposit to Party B without
delay. If Party A is disqualified from being a service agency due to violations or breach of contract, the deposit collected by
Party B shall not be refunded. Party B must apply in writing one month in advance in case of unilateral request for withdrawal
from agency without violations or breach of contract. Party A shall fulfill its obligations for the services that are not completed
pursuant to the Regulations on Management of Ju51 Service Station (Refer to Appendix 2). The service deposit shall be refunded
to Party A without interest at the approved amount according to the said refund procedures within 15 working days after Party
A completes the last delivery and installation services.

 

IV.
Party A’s Rights and Obligations

 

(I)
Rights

 

1.
Party A has the service right of Ju51 product flagship
stores in such area and engages in development and management of Ju51 consumption map drawing, service flagship stores, product
flagship stores, home furnishing experience center, specialty experience center and shopping guide members, platform advertising
and sales of package advertising, supervision of shopping guide orders, collection and matching for information such as buyers,
merchants, market distribution, needs and trends in the name authorized by Party B including “Ju51 Service Station”.

 

2.
Party A may provide the shopping guide services in the name of the product flagship store brand for such brand in Ju51.

 

3.
Party A may apply to the service and product flagship stores for promotional prices or group buying prices for partial products
or services according to the actual market conditions based on no violation of Ju51’s regulations.

 

(II)
Obligations

 

1.
Party A shall comply with the Regulations on Management of Ju51 Service Station to safeguard the legal rights and interests
of customers and flagship stores.

 

2.
Party A shall provide full-time staff to offer the shopping guide services to customers and ensure that customer service is online
in the business hours and timely response is given to customer inquiry.

 

3.
Party A shall effectively supervise the compliance of the transactions arising from the Ju51 Home Life Experience Center and Chi51
Local Specialty Center.

 

    	 	2 / 4	 

     

    

 

	 	居无忧服务站加盟协议

 

4.
Party A shall cooperate to implement Ju51’s policies and end-user promotional events.

 

5.
Party A shall not engage in the services outside the scope authorized by Party B in the name of Party B and shall report the special
request to Party B and obtain Party B’s written approval before carrying it out.

 

6.
Party A is Party B’s close partner. Party B shall have the ownership of all information, data obtained by both parties during
cooperation and the maps, picture albums, forms, books & periodicals, advertising and image design made based on such information
and data (but not limited to these), which shall not be used by Party A unilaterally or transferred to any third party without
Party B’s consent. Party A shall assume confidentiality obligations. In case of violation by Party A, Party B is entitled
to terminate this Agreement and Party A shall be
held responsible for breach of contract.

 

V.
Party B’s Rights and Obligations

 

(I)
Rights

 

1.
Party B has the ownership of Ju51 platform.

 

2.
Party B has the right to implement the Regulations on Management of Ju51 Service Station and other regulations on operations.

 

3.
Party B has the right to supervise the participants of Ju51.

 

(II)
Obligations

 

1.
Platform Building: Party B shall invest the manpower, material and financial resources in building the Ju51 platform and continue
to improve the software and hardware facilities.

 

2.
Advertising Support: Party B shall provide the flagship store brands with the related media platforms such as Ju51 for market
promotion and marketing services.

 

3.
Mall Promotion: Party B shall organize the Ju51 promotional events on a regular basis to help the service station boost the sales.

 

4.
Platform Management: Party B shall set the rules on operations of Ju51 platform and effectively supervise the platform participants.

 

5.
Rights and Interests Safeguarding: Party B shall safeguard the legal rights and interests of customers, members and manufacturers
based on integrity and compliance.

 

VI.
Termination

 

If
one of the following events occurs from the effective date of cooperation, Party B is entitled to terminate this Agreement unilaterally
and no annual franchise fee is refunded: (1) Party A’s decoration
fails to comply with the stipulated standards and progress;
(2) Party A’s failure to sign the Responsibility Statement for Business Objectives and failure to implement the business
objectives assigned by Party B; (3) Party A’s poor achievement of business objectives. The achievement rate for 2 consecutive
quarters is less than 60%; (4) the payment collected by Party A as agency for ju51 platform is not handed over as required.

 

VII.
Dispute Resolution

 

1.
Both parties undertake to recognize and follow the Regulations on Management
of Ju51 Service Station and exercise their respective rights and obligations.

 

2.
Additions to the uncovered matters herein shall be proposed in writing, and such additions shall become effective after signatures
and seals by the representatives authorized by both parties.

 

    	 	3 / 4	 

     

    

 

	 	居无忧服务站加盟协议

 

3.
Any dispute arising from this Agreement shall be settled by both parties through negotiation. If the dispute is not settled through
negotiation, either party may bring a suit before the court of competent jurisdiction.

 

VIII.
Effectiveness

 

This
Agreement is executed in two counterparts, and each party shall hold one copy. It shall take effect from the date of signatures
and seals.

 

IX.
Appendixes

 

Appendix
1: Responsibility Statement for Business Objectives of Ju51 Service Station;

 

Appendix
2: Regulations on Management of Ju51 Service Station. 

 

	Party
    A (Seal):	Party
    B (Seal): Xinyu Xingbang Information Industry Co., Ltd.
	Address:	Address:
    1108 Saiwei Road, Xinyu High-tech Development Zone, Jiangxi
	Legal
    (or Authorized) Representative:	Legal
    (or Authorized) Representative:
	Tel:	Contact:
	Deposit
    Bank:	Deposit
    Bank:
	Bank
    A/C No.:	Bank
    A/C No.:

 

 

4
/ 4

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00256-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00256-of-00352.parquet"}]]