Document:

EXHIBIT 4.16

                                                               Execution Version

                          REGISTRATION RIGHTS AGREEMENT
                          -----------------------------

     This Registration  Rights Agreement (this  "Agreement") is made and entered
into as of January 24, 2005, by and among Attunity Ltd., an Israeli company (the
"Company"),  and each of the purchasers signatory hereto (each such purchaser, a
"Purchaser" and collectively, the "Purchasers").

     This Agreement is made pursuant to the Securities Purchase Agreement, dated
as of  January  24,  2005,  by and among the  Company  and the  Purchasers  (the
"Purchase Agreement").

     The Company and the Purchasers  intending to be legally bound, hereby agree
as follows:

     1.  Definitions.  Capitalized  terms used and not otherwise  defined herein
that are defined in the Purchase  Agreement  shall have the meanings  given such
terms in the Purchase Agreement. As used in this Agreement,  the following terms
shall have the following meanings:

          "Advice" shall have the meaning set forth in Section 6(c).

          "best  efforts"   shall  mean  diligent   attempts  to  carry  out  an
     obligation.

          "Effectiveness Date" means, with respect to the Registration Statement
     required  to be filed  hereunder,  the  earlier of (a) the day ninety  (90)
     calendar  days  following  the date  hereof and (b) the fifth  Trading  Day
     following the date on which the Company is notified by the Commission  that
     such Registration Statement will not be reviewed or is no longer subject to
     further review and comments;  provided,  however, that if a Holder fails to
     comply with the  provisions of Section 3(k),  then, as to such Holder only,
     the Effectiveness Date with respect to such Holder's Registrable Securities
     only shall be extended until thirty (30) days following the date of receipt
     by the Company of such required information.  "Effectiveness  Period" shall
     have the meaning set forth in Section 2(a).

          "Event" shall have the meaning set forth in Section 2(b).

          "Event Date" shall have the meaning set forth in Section 2(b).

          "Filing  Date"  means,  with  respect  to the  Registration  Statement
     required to be filed hereunder, the day thirty (30) calendar days following
     the date hereof  provided,  however,  that if a Holder fails to comply with
     the  provisions of Section 3(k),  then the Filing Date with respect to such
     Holder's  Registrable  Securities  only shall be extended until 30 calendar
     days  following  the  date of  receipt  by the  Company  of  such  required
     information.

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          "Holder" or "Holders" means the holder or holders, as the case may be,
     from time to time of Registrable Securities.

          "Indemnified Party" shall have the meaning set forth in Section 5(c).

          "Indemnifying Party" shall have the meaning set forth in Section 5(c).

          "Losses" shall have the meaning set forth in Section 5(a).

          "Proceeding" means an action, claim, suit, investigation or proceeding
     (including,  without  limitation,  an investigation or partial  proceeding,
     such as a deposition).

          "Prospectus"   means  the   prospectus   included  in  the  applicable
     Registration  Statement (including,  without limitation,  a prospectus that
     includes any information previously omitted from a prospectus filed as part
     of  an  effective   registration  statement  in  reliance  upon  Rule  430A
     promulgated  under the Securities  Act), as amended or  supplemented by any
     prospectus  supplement,  with  respect to the terms of the  offering of any
     portion  of  the  Registrable   Securities  covered  by  such  Registration
     Statement,  and all other  amendments and  supplements to such  Prospectus,
     including  post-effective  amendments,  and all  material  incorporated  by
     reference or deemed to be incorporated by reference in such Prospectus.

          "Registrable  Securities"  means  all of the  Shares  and the  Warrant
     Shares, together with any Ordinary Shares issued or issuable upon any stock
     split,  dividend or other  distribution,  recapitalization or similar event
     with respect to the foregoing, provided, that, a security shall cease to be
     a Registrable  Security upon sale pursuant to a  Registration  Statement or
     Rule 144 under the Securities Act.

          "Registration Statement" means a registration statement required to be
     filed  hereunder,  including (in each case) the Prospectus,  amendments and
     supplements to such registration statement or Prospectus, including pre and
     post  effective   amendments,   all  exhibits  thereto,  and  all  material
     incorporated by reference or deemed to be incorporated by reference in such
     registration statement.

          "Rule 415" means Rule 415  promulgated by the  Commission  pursuant to
     the  Securities  Act, as such Rule may be amended from time to time, or any
     similar  rule or  regulation  hereafter  adopted by the  Commission  having
     substantially the same purpose and effect as such Rule.

          "Rule 424" means Rule 424  promulgated by the  Commission  pursuant to
     the  Securities  Act, as such Rule may be amended from time to time, or any
     similar  rule or  regulation  hereafter  adopted by the  Commission  having
     substantially the same purpose and effect as such Rule.

          "Shares"  means  the  Ordinary  Shares to be  issued  pursuant  to the
     Purchase Agreement.

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          "Warrant  Shares" means the Ordinary  Shares issuable upon exercise of
     the Warrants purchased pursuant to the Purchase Agreement.

     2. Registration.

     (a) On or prior to the  applicable  Filing Date,  the Company shall prepare
and file with the Commission a Registration Statement covering the resale of all
of the  Registrable  Securities not yet registered that are held by Holders that
have  complied  with the  provisions  of Section  3(k) prior to such date for an
offering  to  be  made  on  a  continuous  basis  pursuant  to  Rule  415.  Such
Registration  Statement  required  hereunder shall be on Form F-3 (except if the
Company is not then eligible to register for resale the  Registrable  Securities
on Form F-3,  in which  case such  Registration  Statement  shall be on  another
appropriate  form herewith) and shall contain  (except if otherwise  directed by
the Holders) the "Plan of  Distribution"  attached hereto as Annex A. Subject to
the terms of this  Agreement,  the Company shall use its reasonable best efforts
to  cause  such  Registration  Statement  to be  declared  effective  under  the
Securities  Act as  promptly as possible  after the filing  thereof,  but in any
event not later than the applicable  Effectiveness  Date, and shall use, subject
to  Section  6(d),  its  best  efforts  to  keep  such  Registration   Statement
continuously  effective  under  the  Securities  Act  until  the  date  when all
Registrable  Securities covered by such Registration Statement have been sold or
may be sold without volume restrictions pursuant to Rule 144(k) as determined by
the counsel to the Company  pursuant to a written opinion letter to such effect,
addressed  and  acceptable  to the  Company's  transfer  agent and the  affected
Holders (the "Effectiveness  Period").  Each Holder acknowledges and agrees that
the Company shall be permitted to exclude such Holder's  Registrable  Securities
from a  Registration  Statement if such Holder  fails to timely  comply with the
Company's  request for  information  pursuant to Section 3(k);  provided if such
Holder  provides  such  information  prior to the  filing  of such  Registration
Statement the Company shall use commercially  reasonable efforts to include such
Registrable  Securities on such  Registration  Statement;  provided further that
this  provision  does not otherwise  waive the Company's  obligation to register
such  Registrable  Securities  pursuant to the terms  hereunder upon such Holder
providing the Company with the required information.

     (b) If:  (i) a  Registration  Statement  is not  filed  on or  prior to the
applicable  Filing Date (For the  avoidance  of doubt,  if the  Company  files a
Registration  Statement  without  affording the Holder or Holders  referenced in
such Registration Statement the opportunity to review and comment on the same as
required by Section 3(a), the Company shall not be deemed to have satisfied this
clause (i)), or (ii) the Company fails to file with the Commission a request for
acceleration in accordance  with Rule 461 promulgated  under the Securities Act,
within no more  than  five (5)  Trading  Days of the date  that the  Company  is
notified  (orally or in writing,  whichever is earlier) by the Commission that a
Registration  Statement  will not be  "reviewed,"  or is not  subject to further
review,  or (iii)  prior  to the date  when a  Registration  Statement  is first
declared effective by the Commission,  the Company fails to file a pre-effective
amendment and otherwise respond in writing to comments made by the Commission in
respect of such  Registration  Statement  within thirty (30) calendar days after
the receipt of comments by or notice from the Commission  that such amendment is
required in order for such Registration  Statement to be declared effective,  or
(iv) a  Registration  Statement  filed or required to be filed  hereunder is not
declared  effective by the Commission on or before the applicable  Effectiveness
Date, or (v) after a Registration  Statement is first declared  effective by the
Commission, it ceases for any

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reason  to  remain  continuously  effective  as to all  Shares  for  which it is
required  to be  effective,  or the  Holders  are not  permitted  to  utilize  a
Prospectus  therein to resell such  Shares,  for in any such case  fifteen  (15)
consecutive  Trading  Days but no more than an  aggregate  of  twenty-five  (25)
Trading Days during any twelve (12) month period (which need not be  consecutive
Trading  Days)  provided  that any days during  which a  Registration  Statement
ceases  to be  effective  (x) due to the  filing of a  post-effective  amendment
thereto by the  Company at the request of the Holders in order to amend the Plan
of  Distribution  (as provided for in Section 2(a)) or (y) that are prior to the
day ninety (90)  calendar days  following the date hereof,  shall not be counted
towards such fifteen (15) or twenty-five  (25) Trading Day periods  provided the
Company  uses  commercially  reasonable  efforts  to cause  such  post-effective
amendment to be declared effective (any such failure or breach being referred to
as an  "Event,"  and for  purposes  of clause (i) or (iv) the date on which such
Event  occurs,  or for  purposes  of clause (ii) the date on which such five (5)
Trading Day period is  exceeded,  or for purposes of clause (iii) the date which
such thirty (30)  calendar  days is exceeded,  or for purposes of clause (v) the
date on which such  fifteen  (15) or  twenty-five  (25)  Trading Day period,  as
applicable,  is exceeded being referred to as "Event Date"), then in addition to
any other rights the Holders may have hereunder or under applicable law: on each
such Event Date the Company  shall pay to each Holder an amount,  as  liquidated
damages  and not as a  penalty,  equal to two  percent  (2.0%) of the  aggregate
purchase  price paid by such Holder  pursuant to the Purchase  Agreement for any
Shares  then held by such  Holder.  If the Company  fails to pay any  liquidated
damages  pursuant to this Section  2(b) in full within  seven (7) business  days
after the date  payable,  the Company will pay interest  thereon at a rate of 6%
per  annum(or  such  lesser  maximum  amount  that  is  permitted  to be paid by
applicable  law) to the  Holder,  accruing  daily from the date such  liquidated
damages are due until such amounts,  plus all such interest thereon, are paid in
full. The liquidated damages pursuant to the terms hereof shall apply on a daily
pro-rata  basis  for any  portion  of a month  prior  to the  cure of an  Event.
Notwithstanding  anything  herein  to  the  contrary,  the  Company  agrees  and
acknowledges  that any  extensions to the Filing Date or  Effectiveness  Date on
account of a Holder  failing to timely comply with Section 3(k) relate solely to
that  Holder and in no way effect the Filing Date and  Effectiveness  Date under
this  Agreement as they relate to any other Holder,  except if there is only one
Holder (including its Affiliates, if any).

     (c) Notwithstanding  anything to the contrary hereunder, for any liquidated
damages to be paid  pursuant to Section  2(b)  hereof,  the Company may pay such
damages  solely in the form of  Ordinary  Shares,  the number of which  shall be
determined  by dividing  (x) the amount of damages  payable  pursuant to Section
2(b) hereof by (y) the average Closing Price on the payment date.

     3. Registration Procedures

     In connection with the Company's registration  obligations  hereunder,  the
Company shall:

     (a)  Not  less  than  five  (5)  Trading  Days  prior  to the  filing  of a
Registration  Statement or any related Prospectus or any amendment or supplement
thereto,  the  Company  shall,  (i) furnish to the  Holders  owning  Registrable
Securities  registered  under  such  Registration  Statement  copies of all such
documents  proposed  to be filed  (including  documents  incorporated  or deemed
incorporated  by  reference  to the  extent  requested  by  such  Person)  which
documents

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will be subject to the review of such  Holders,  and (ii) cause its officers and
directors,  counsel and independent  certified public  accountants to respond to
such inquiries as shall be necessary,  in the  reasonable  opinion of respective
counsel  to  conduct  a  reasonable  investigation  within  the  meaning  of the
Securities  Act. The Company shall not file any such  Registration  Statement or
any such  Prospectus  or any  amendments  or  supplements  thereto  to which the
Holders of a majority of the Registrable  Securities registered thereunder shall
reasonably  object in good faith,  provided that the Company is notified of such
objection in writing no later than five (5) Trading Days after such Holders have
been so furnished copies of such documents.

     (b) (i) Prepare and file with the  Commission  such  amendments,  including
post-effective  amendments, to a Registration Statement and a Prospectus used in
connection  therewith as may be necessary  to keep such  Registration  Statement
continuously  effective  as to the  applicable  Registrable  Securities  for the
applicable  Effectiveness  Period and prepare and file with the Commission  such
additional  Registration  Statements if required in order to register for resale
under the  Securities  Act all of the  Registrable  Securities;  (ii)  cause the
related  Prospectus  to be amended or  supplemented  by any required  Prospectus
supplement,  and as so supplemented or amended to be filed pursuant to Rule 424;
(iii) respond as promptly as reasonably  possible to any comments  received from
the  Commission  with respect to such  Registration  Statement or any  amendment
thereto  and, as promptly as  reasonably  possible,  upon  request,  provide the
Holders  true  and  complete  copies  of  all  correspondence  from  and  to the
Commission  relating  to such  Registration  Statement;  and (iv)  comply in all
material respects during the applicable Effectiveness Period with the provisions
of the  Securities  Act and the Exchange Act with respect to the  disposition of
all Registrable  Securities  covered by such  Registration  Statement during the
applicable   period  in  accordance  with  the  Holders'   intended  methods  of
disposition  set forth in such  Registration  Statement as so amended or in such
Prospectus as so supplemented.

     (c) Notify the Holders of Registrable  Securities to be sold as promptly as
reasonably  possible  (i)(A) when a Prospectus or any  Prospectus  supplement or
post effective  amendment to a  Registration  Statement is proposed to be filed;
(B) when the Commission notifies the Company whether there will be a "review" of
a Registration  Statement and whenever the  Commission  comments in writing on a
Registration Statement (the Company shall upon request provide true and complete
copies thereof and all written  responses  thereto to each of the Holders);  and
(C) with respect to a Registration  Statement or any  post-effective  amendment,
when the same has become effective; (ii) of any request by the Commission or any
other Federal or state governmental authority during the period of effectiveness
of a Registration  Statement for amendments or supplements to such  Registration
Statement or Prospectus or for additional information;  (iii) of the issuance by
the Commission or any other federal or state governmental  authority of any stop
order suspending the effectiveness of a Registration  Statement  covering any or
all of such Registrable Securities or the initiation of any Proceedings for that
purpose;  (iv) of the receipt by the Company of any notification with respect to
the suspension of the  qualification  or exemption from  qualification of any of
the Registrable  Securities for sale in any  jurisdiction,  or the initiation or
threatening of any Proceeding for such purpose; and (v) of the occurrence of any
event  (including  the  passage  of time  that  makes the  financial  statements
included in the  Registration  Statement  ineligible  for inclusion  therein) of
which the Company has  knowledge as a result of which a  Prospectus,  as then in
effect,  contains any untrue  statement  of a material  fact or omits to state a
material fact required to be stated therein or necessary to

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make the statements therein, in light of the circumstances under which they were
made, not misleading.

     (d) Use  commercially  reasonable  efforts to avoid the issuance of, or, if
issued, obtain the withdrawal of (i) any order suspending the effectiveness of a
Registration  Statement,  or  (ii)  any  suspension  of  the  qualification  (or
exemption from  qualification) of any of the Registrable  Securities for sale in
any jurisdiction, as promptly as reasonably practicable.

     (e) Furnish to each Holder, without charge, at least one (1) conformed copy
of each Registration  Statement registering  Registrable Securities held by such
Holder and each amendment thereto, including financial statements and schedules,
all documents  incorporated or deemed to be incorporated therein by reference to
the extent  requested in writing by such Person,  and all exhibits to the extent
requested by such Person in writing  (including  those  previously  furnished or
incorporated by reference)  promptly after the filing of such documents with the
Commission.

     (f) Promptly deliver to each Holder,  without charge, as many copies of the
Prospectus  or  Prospectuses  (including  each  form  of  prospectus)  and  each
amendment  or  supplement  thereto as such  Persons  may  reasonably  request in
connection with resales by the Holder of Registrable Securities.  Subject to the
terms  of  this  Agreement,  the  Company  hereby  consents  to the  use of such
Prospectus  and each  amendment  or  supplement  thereto by each of the  selling
Holders in connection with the offering and sale of the  Registrable  Securities
covered by such Prospectus and any amendment or supplement thereto, except after
the giving of any notice pursuant to Section 3(c).

     (g) Prior to any  resale of  Registrable  Securities  by a Holder,  use its
commercially  reasonable  efforts to register or qualify or  cooperate  with the
selling  Holders  in  connection  with the  registration  or  qualification  (or
exemption from the Registration or qualification) of such Registrable Securities
for the  resale  by the  Holder  under the  securities  or Blue Sky laws of such
jurisdictions  within the United  States as any Holder  reasonably  requests  in
writing,   to  keep  each  such  registration  or  qualification  (or  exemption
therefrom) effective during the Effectiveness Period and to do any and all other
acts  or  things  reasonably   necessary  to  enable  the  disposition  in  such
jurisdictions   of  the  Registrable   Securities   covered  by  the  applicable
Registration  Statement;  provided,  that the  Company  shall not be required to
qualify  generally  to do business in any  jurisdiction  where it is not then so
qualified,  subject the  Company to any  material  tax in any such  jurisdiction
where it is not then so subject or file a general  consent to service of process
in any such jurisdiction.

     (h) If requested in writing by the Holders,  cooperate  with the Holders to
facilitate  the timely  preparation  and delivery of  certificates  representing
Registrable  Securities  to  be  delivered  to  a  transferee  pursuant  to  the
applicable  Registration  Statement,  which  certificates  shall be free, to the
extent permitted by the Purchase Agreement,  of all restrictive  legends, and to
enable such Registrable Securities to be in such denominations and registered in
such names as any such Holders may request.

     (i) Upon the occurrence of any event  contemplated by Section  3(c)(v),  as
promptly as reasonably possible, prepare a supplement or amendment,  including a
post effective

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amendment,  to the  applicable  Registration  Statement or a  supplement  to the
related  Prospectus or any document  incorporated  or deemed to be  incorporated
therein  by  reference,  and file  any  other  required  document  so  that,  as
thereafter  delivered,  neither such  Registration  Statement nor the Prospectus
included  therein will contain an untrue statement of a material fact or omit to
state a material  fact  required to be stated  therein or  necessary to make the
statements  therein,  in light of the circumstances  under which they were made,
not misleading.  If the Company  notifies the Holders in accordance with clauses
(ii)  through  (v) of Section  3(c) above to suspend  the use of any  Prospectus
until the requisite  changes to such Prospectus have been made, then the Holders
shall  suspend use of such  Prospectus.  The Company  will use its  commercially
reasonable  efforts  to ensure  that the use of a  Prospectus  may be resumed as
promptly as is practicable.  The Company shall be entitled to exercise its right
under this Section 3(i) to suspend the availability of a Registration  Statement
and the  applicable  Prospectus,  subject to the payment of  liquidated  damages
pursuant to Section  2(b),  for a period not to exceed  sixty (60)  Trading Days
(which need not be consecutive days) in any twelve (12) month period.

     (j)  Comply  in  all  material  respects  with  all  applicable  rules  and
regulations of the Commission.

     (k) The Company  may  require  each  Holder,  upon five (5)  Trading  Days'
notice,  to furnish to the  Company a  certified  statement  as to,  among other
things, the number of Ordinary Shares  beneficially owned by such Holder and the
person that has voting and dispositive  control over such Shares.  It shall be a
condition  precedent  to the  obligations  of the  Company  to take  any  action
pursuant to this  Agreement  with respect to the  Registrable  Securities of any
Holder that such  Holder  shall  furnish to the Company the Selling  Stockholder
Questionnaire attached hereto as Annex B.

     4. Registration Expenses. Except as otherwise provided for herein, all fees
and expenses incident to the performance of or compliance with this Agreement by
the  Company  shall be  borne  by the  Company  whether  or not any  Registrable
Securities are sold pursuant to a Registration Statement.  The fees and expenses
referred to in the foregoing sentence shall include, without limitation, (i) all
registration and filing fees (including,  without limitation,  fees and expenses
(A) with respect to filings required to be made with the Trading Market on which
the  Ordinary  Shares is then listed for  trading,  and (B) in  compliance  with
applicable  state  securities  or  Blue  Sky  laws),   (ii)  printing   expenses
(including,   without   limitation,   expenses  of  printing   certificates  for
Registrable   Securities  and  of  printing  prospectuses  if  the  printing  of
prospectuses  is  reasonably  requested  by the  holders  of a  majority  of the
Registrable Securities included in a Registration  Statement),  (iii) messenger,
telephone and delivery  expenses,  (iv)  reasonable  fees and  disbursements  of
counsel for the Company, (v) Securities Act liability insurance,  if the Company
so desires  such  insurance,  and (vi) fees and  expenses  of all other  Persons
retained by the Company in connection with the  consummation of the transactions
contemplated  by this Agreement.  In addition,  the Company shall be responsible
for all of its internal expenses incurred in connection with the consummation of
the transactions contemplated by this Agreement (including,  without limitation,
all salaries and expenses of its  officers  and  employees  performing  legal or
accounting  duties),  the expense of any annual  audit and the fees and expenses
incurred in  connection  with the listing of the  Registrable  Securities on any
securities  exchange  as  required  hereunder.  In no event shall the Company be
responsible for

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any broker or similar  commissions  or, except to the extent provided for in the
Transaction Documents, any legal fees or other costs of the Holders.

     5. Indemnification

     (a) Indemnification by the Company. The Company shall,  notwithstanding any
termination  of this  Agreement,  indemnify and hold  harmless each Holder,  the
officers,  directors,  agents and  employees  of each of them,  each  Person who
controls any such Holder (within the meaning of Section 15 of the Securities Act
or Section  20 of the  Exchange  Act) and the  officers,  directors,  agents and
employees of each such  controlling  Person,  to the fullest extent permitted by
applicable  law,  from  and  against  any  and  all  losses,  claims,   damages,
liabilities,  costs (including,  without limitation,  reasonable attorneys' fees
and expenses) and expenses (collectively, "Losses"), as incurred, arising out of
or  relating  to  any  untrue  statement  of  a  material  fact  contained  in a
Registration Statement (at the time of its effectiveness), any Prospectus or any
form  of  prospectus  or in  any  amendment  or  supplement  thereto  or in  any
preliminary  prospectus  (each as of its date), or arising out of or relating to
any omission of a material  fact  required to be stated  therein or necessary to
make the statements therein, in light of the circumstances under which they were
made, not  misleading,  except to the extent,  but only to the extent,  that (i)
such untrue statements or omissions are based solely upon information  regarding
such Holder  furnished  in writing to the Company by or on behalf of such Holder
expressly  for use therein,  or to the extent that such  information  relates to
such Holder or such Holder's  proposed  method of  distribution  of  Registrable
Securities  and was  reviewed and  expressly  approved in writing by such Holder
expressly for use in such Registration  Statement,  such Prospectus or such form
of Prospectus or in any  amendment or  supplement  thereto (it being  understood
that the Holder has  approved  Annex A hereto for this  purpose)  or (ii) in the
case of an occurrence of an event of the type specified in Section 3(c)(ii)-(v),
the use by such Holder of an outdated or defective  Prospectus after the Company
has  notified  such  Holder in  writing  that such  Prospectus  is  outdated  or
defective and prior to the receipt by such Holder of the Advice  contemplated in
Section 6(d).

     (b)  Indemnification  by Holders.  Each  Holder  shall,  severally  and not
jointly,  indemnify  and hold  harmless the Company,  its  directors,  officers,
agents and employees,  each Person who controls the Company  (within the meaning
of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the
directors,  officers,  agents or employees of such controlling  Persons,  to the
fullest  extent  permitted by applicable  law,  from and against all Losses,  as
incurred,  within  ten  (10)  Trading  Days of  written  notice  thereof  to the
Indemnifying  Party, to the extent arising out of or based solely upon: (x) such
Holder's  failure to comply with the  prospectus  delivery  requirements  of the
Securities  Act or (y) any untrue  statement of a material  fact  contained in a
Registration  Statement,  any Prospectus,  or any form of prospectus,  or in any
amendment or supplement thereto or in any preliminary prospectus, or arising out
of or relating to any omission of a material fact required to be stated  therein
or necessary to make the  statements  therein not  misleading (i) to the extent,
but only to the extent,  that such untrue  statement or omission is contained in
any  information  so  furnished in writing by or on behalf of such Holder to the
Company  specifically  for  inclusion  in such  Registration  Statement  or such
Prospectus  or (ii) to the extent that (1) such untrue  statements  or omissions
are based solely upon information  regarding such Holder furnished in writing to
the Company by or on behalf of such Holder expressly for use therein,  or to the
extent that such information relates to such Holder or

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such Holder's proposed method of distribution of Registrable  Securities and was
reviewed and expressly  approved in writing by such Holder  expressly for use in
such  Registration  Statement (it being  understood that the Holder has approved
Annex A hereto for this purpose),  such Prospectus or such form of Prospectus or
in any amendment or supplement thereto or (2) in the case of an occurrence of an
event of the type specified in Section  3(c)(ii)-(v),  the use by such Holder of
an outdated or defective  Prospectus  after the Company has notified such Holder
in writing  that such  Prospectus  is  outdated  or  defective  and prior to the
receipt by such Holder of the Advice  contemplated  in Section 6(d). In no event
shall the  liability of any selling  Holder  hereunder be greater in amount than
the dollar  amount of the net proceeds  received by such Holder upon the sale of
the Registrable Securities giving rise to such indemnification obligation.

     (c) Conduct of  Indemnification  Proceedings.  If any  Proceeding  shall be
brought or asserted  against  any Person  entitled to  indemnity  hereunder  (an
"Indemnified  Party"),  such Indemnified  Party shall promptly notify the Person
from whom  indemnity is sought (the  "Indemnifying  Party") in writing,  and the
Indemnifying Party shall have the right to assume the defense thereof, including
the employment of counsel  reasonably  satisfactory to the Indemnified Party and
the  payment  of all fees and  expenses  incurred  in  connection  with  defense
thereof; provided, that the failure of any Indemnified Party to give such notice
shall not relieve  the  Indemnifying  Party of its  obligations  or  liabilities
pursuant to this  Agreement,  except (and only) to the extent that such  failure
shall have materially prejudiced the Indemnifying Party's ability to defend such
action.

     An Indemnified Party shall have the right to employ separate counsel in any
such  Proceeding  and to participate  in the defense  thereof,  but the fees and
expenses of such counsel  shall be at the expense of such  Indemnified  Party or
Parties  unless:  (1) the  Indemnifying  Party has agreed in writing to pay such
fees and  expenses;  (2) the  Indemnifying  Party shall have failed  promptly to
assume  the  defense  of  such  Proceeding  and  to  employ  counsel  reasonably
satisfactory to such Indemnified Party in any such Proceeding;  or (3) the named
parties to any such Proceeding  (including any impleaded  parties)  include both
such Indemnified  Party and the Indemnifying  Party, and such Indemnified  Party
shall reasonably believe that a material conflict of interest is likely to exist
if  the  same  counsel  were  to  represent  such  Indemnified   Party  and  the
Indemnifying  Party (in which  case,  if such  Indemnified  Party  notifies  the
Indemnifying  Party in writing that it elects to employ separate  counsel at the
expense of the Indemnifying  Party,  the  Indemnifying  Party shall not have the
right to assume the defense  thereof and the reasonable fees and expenses of one
(1) separate  counsel shall be at the expense of the  Indemnifying  Party).  The
Indemnifying Party shall not be liable for any settlement of any such Proceeding
affected  without its written  consent,  which consent shall not be unreasonably
withheld.  No Indemnifying Party shall, without the prior written consent of the
Indemnified Party, effect any settlement of any pending Proceeding in respect of
which any  Indemnified  Party is a party,  unless  such  settlement  includes an
unconditional  release of such  Indemnified  Party from all  liability on claims
that are the subject matter of such Proceeding.

     (d) Contribution. If a claim for indemnification under Section 5(a) or 5(b)
is  unavailable  to  an  Indemnified  Party  (by  reason  of  public  policy  or
otherwise),   then  each  Indemnifying  Party,  in  lieu  of  indemnifying  such
Indemnified  Party,  shall  contribute  to the  amount  paid or  payable by such
Indemnified  Party  as a  result  of  such  Losses,  in  such  proportion  as is
appropriate to reflect the relative fault of each of the Indemnifying  Party and
the

                                       9

<PAGE>

Indemnified  Party in connection with the actions,  statements or omissions that
resulted in such Losses as well as any other relevant equitable  considerations.
The relative fault of such  Indemnifying  Party and  Indemnified  Party shall be
determined by reference to, among other things,  whether any action in question,
including any untrue  statement of a material fact omission of a material  fact,
has been  taken  or made  by,  or  relates  to  information  supplied  by,  such
Indemnifying  Party or  Indemnified  Party,  and the parties'  relative  intent,
knowledge,  access to  information  and  opportunity  to correct or prevent such
action, statement or omission. The amount paid or payable by a party as a result
of any Losses shall be deemed to include,  subject to the  limitations set forth
in this  Agreement,  any  reasonable  attorneys'  or  other  reasonable  fees or
expenses  incurred by such party in connection with any Proceeding to the extent
such  party  would  have  been  indemnified  for such  fees or  expenses  if the
indemnification  provided  for in this  Section was  available  to such party in
accordance with its terms.

     The  parties  hereto  agree  that it  would  not be just and  equitable  if
contribution  pursuant  to  this  Section  5(d)  were  determined  by  pro  rata
allocation or by any other method of allocation  that does not take into account
the equitable considerations referred to in the immediately preceding paragraph.
Notwithstanding the provisions of this Section 5(d), no Holder shall be required
to contribute, in the aggregate, any amount in excess of the amount by which the
proceeds  actually  received  by such  Holder  from the sale of the  Registrable
Securities  which are the  subject to the  Proceeding  exceeds the amount of any
damages that such Holder has  otherwise  been  required to pay by reason of such
untrue or alleged untrue  statement or omission or alleged  omission,  except in
the case of fraud by such Holder.

     The indemnity and contribution  agreements contained in this Section are in
addition  to any  liability  that  the  Indemnifying  Parties  may  have  to the
Indemnified Parties.

     6. Miscellaneous

     (a)  Remedies.  In the event of a breach by the Company or by a Holder,  of
any of their  obligations under this Agreement,  each Holder or the Company,  as
the case may be, in addition to being entitled to exercise all rights granted by
law and under this Agreement, including recovery of damages, will be entitled to
specific  performance of its rights under this  Agreement.  The Company and each
Holder agree that monetary damages would not provide  adequate  compensation for
any losses incurred by reason of a breach by it of any of the provisions of this
Agreement  and  hereby  further  agrees  that,  in the event of any  action  for
specific  performance in respect of such breach, it shall waive the defense that
a remedy at law would be adequate.

     (b)  No  Piggy-Back  Registrations.   Except  for  the  investors  to  whom
registration  rights were granted pursuant to the Registration  Rights Agreement
dated May 4, 2004, among the Company and the investors  signatories thereto (the
"2004 RRA"), neither the Company nor any of its security holders (other than the
Holders in such capacity pursuant hereto) may include  securities of the Company
in a  Registration  Statement  hereunder.  The Company  shall not file any other
registration  statement  until after the Effective Date except for  registration
statements  on Form F-3  pursuant  to the 2004  RRA or on Form S-8  relating  to
equity  securities  issuable in connection  with the  Company's  stock option or
other employee benefit plan.

                                       10

<PAGE>

     (c) Compliance.  Each Holder  covenants and agrees that it will comply with
the prospectus  delivery  requirements of the Securities Act as applicable to it
in connection  with sales of Registrable  Securities  pursuant to a Registration
Statement.

     (d) Discontinued Disposition. Each Holder agrees by its acquisition of such
Registrable  Securities  that,  upon receipt of a notice from the Company of the
occurrence of any event of the kind described in Section 3(c),  such Holder will
forthwith  discontinue  disposition  of such  Registrable  Securities  under any
Registration  Statement  until  such  Holder's  receipt  of  the  copies  of the
supplemented  Prospectus  and/or amended  Registration  Statement or until it is
advised in writing (the  "Advice") by the Company that the use of the applicable
Prospectus  may be resumed,  and, in either  case,  has  received  copies of any
additional  or  supplemental  filings  that are  incorporated  or  deemed  to be
incorporated  by reference in such  Prospectus or  Registration  Statement.  The
Company will use its commercially  reasonable  efforts to ensure that the use of
such Prospectus may be resumed as promptly as it practicable. The Company agrees
and  acknowledges  that any  periods  during  which the  Holder is  required  to
discontinue  the disposition of the  Registrable  Securities  hereunder shall be
subject to the provisions of Section 2(b).

     (e) Piggy-Back Registrations If at any time during the Effectiveness Period
there is not an effective Registration Statement covering all of the Registrable
Securities  and the  Company  shall  determine  to  prepare  and  file  with the
Commission a registration  statement relating to an offering for its own account
or the  account  of  others  under  the  Securities  Act  of  any of its  equity
securities,  other than on Form S-4/F-4 or Form S-8 (each as  promulgated  under
the Securities Act) or their then equivalents  relating to equity  securities to
be issued solely in connection with any acquisition of any entity or business or
equity securities issuable in connection with the stock option or other employee
benefit  plans,  then the Company shall send to each Holder a written  notice of
such  determination  and,  if within  fifteen  (15) days  after the date of such
notice,  any such Holder shall so request in writing,  the Company shall include
in such  registration  statement all or any part of such Registrable  Securities
such Holder requests to be registered, subject to customary underwriter cutbacks
applicable to all holders of registration rights.

     (f) Amendments and Waivers. The provisions of this Agreement, including the
provisions of this sentence, may not be amended,  modified or supplemented,  and
waivers or consents to departures  from the provisions  hereof may not be given,
unless the same shall be in writing and signed by the Company and each Holder of
the then outstanding Registrable Securities.

     (g)  Notices.  Any and all notices or other  communications  or  deliveries
required or permitted to be provided  hereunder shall be made in accordance with
the provisions of the Purchase Agreement.

     (h)  Successors and Assigns.  This Agreement  shall inure to the benefit of
and be binding upon the successors and permitted  assigns of each of the parties
and shall inure to the  benefit of each  Holder.  Each  Holder may assign  their
respective  rights hereunder in the manner and to the Persons as permitted under
the Purchase Agreement.

                                       11

<PAGE>

     (i)  Execution  and  Counterparts.  This  Agreement  may be executed in any
number of counterparts,  each of which when so executed shall be deemed to be an
original  and, all of which taken  together  shall  constitute  one and the same
Agreement.   In  the  event  that  any   signature  is  delivered  by  facsimile
transmission,  such  signature  shall create a valid  binding  obligation of the
party  executing  (or on whose behalf such  signature is executed) the same with
the same  force and  effect as if such  facsimile  signature  were the  original
thereof.

     (j) Governing  Law. All questions  concerning the  construction,  validity,
enforcement  and  interpretation  of this Agreement shall be determined with the
provisions of the Purchase Agreement.

     (k) Cumulative  Remedies.  The remedies  provided herein are cumulative and
not exclusive of any remedies provided by law.

     (l) Severability.  If any term, provision,  covenant or restriction of this
Agreement is held by a court of competent  jurisdiction to be invalid,  illegal,
void or  unenforceable,  the remainder of the terms,  provisions,  covenants and
restrictions set forth herein shall remain in full force and effect and shall in
no way be affected,  impaired or  invalidated,  and the parties hereto shall use
their commercially reasonable efforts to find and employ an alternative means to
achieve the same or substantially  the same result as that  contemplated by such
term, provision,  covenant or restriction.  It is hereby stipulated and declared
to be the  intention of the parties that they would have  executed the remaining
terms, provisions, covenants and restrictions without including any of such that
may be hereafter declared invalid, illegal, void or unenforceable.

     (m)  Headings.  The  headings  in this  Agreement  are for  convenience  of
reference only and shall not limit or otherwise affect the meaning hereof.

     (n) Independent  Nature of Purchasers'  Obligations  and Rights.  Except as
otherwise  provided for herein,  the  obligations  of each Holder  hereunder are
several and not joint with the obligations of any other Holder hereunder, and no
Holder shall be responsible in any way for the performance of the obligations of
any other Holder  hereunder.  Nothing contained herein or in any other agreement
or document delivered at any closing, and no action taken by any Holder pursuant
hereto or thereto,  shall be deemed to constitute  the Holders as a partnership,
an  association,  a joint  venture  or any  other  kind of  entity,  or create a
presumption  that the Holders are in any way acting in concert  with  respect to
such obligations or the transactions contemplated by this Agreement. Each Holder
shall  be  entitled  to  protect  and  enforce  its  rights,  including  without
limitation  the  rights  arising  out of this  Agreement,  and it  shall  not be
necessary  for any  other  Holder to be  joined  as an  additional  party in any
proceeding for such purpose.

     (o) Notice of Disposition of  Registrable  Securities.  Upon the request of
the Company,  each Holder shall promptly  provide the Company  written notice at
such  time as it no  longer  holds,  directly  or  indirectly,  any  Registrable
Securities.

                            *************************

                                       12

<PAGE>

     IN WITNESS  WHEREOF,  the parties have  executed this  Registration  Rights
Agreement as of the date first written above.

                                            ATTUNITY LTD.

                                            By:   /s/Aki Ratner  /s/Ofer Segev
                                               -------------------------------
                                               Name: Aki Ratner     Ofer Segev
                                               Title:   CEO           CFO

                       [SIGNATURE PAGE OF HOLDERS FOLLOWS]

<PAGE>

          [PURCHASER'S SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]

Name of Investing Entity: WPG Select Technology QP

Signature of Authorized Signatory of
  Investing entity:                     /s/George Boyd  /s/Benjamin James Taylor
                                        ----------------------------------------

Name of Authorized Signatory: George Boyd/Ben Taylor
                              ----------------------
Title of Authorized Signatory: Head of Equity/Managing Director
                               --------------------------------

                           [SIGNATURE PAGES CONTINUE]

<PAGE>

          [PURCHASER'S SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]

Name of Investing Entity: WPG Select Technology Overseas

Signature of Authorized Signatory of
  Investing entity:                     /s/George Boyd  /s/Benjamin James Taylor
                                        ----------------------------------------

Name of Authorized Signatory: George Boyd/Ben Taylor
                              ----------------------
Title of Authorized Signatory: Head of Equity/Managing Director
                               --------------------------------

                           [SIGNATURE PAGES CONTINUE]

                                       15

<PAGE>

          [PURCHASER'S SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]

Name of Investing Entity: Weiss, Peck & Greer Software Fund L.P.

Signature of Authorized Signatory of
  Investing entity:                     /s/George Boyd  /s/Benjamin James Taylor
                                        ----------------------------------------

Name of Authorized Signatory: George Boyd/Ben Taylor
                              ----------------------
Title of Authorized Signatory: Head of Equity/Managing Director
                               --------------------------------

                           [SIGNATURE PAGES CONTINUE]

                                       16

<PAGE>

          [PURCHASER'S SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]

Name of Investing Entity: WPG Select Technology Fund LP

Signature of Authorized Signatory of
  Investing entity:                     /s/George Boyd  /s/Benjamin James Taylor
                                        ----------------------------------------

Name of Authorized Signatory: George Boyd/Ben Taylor
                              ----------------------
Title of Authorized Signatory: Head of Equity/Managing Director
                               --------------------------------

                                       17EXHIBIT 4.17

                                                               EXECUTION VERSION

NEITHER THE SECURITIES REPRESENTED BY THIS WARRANT NOR THE SECURITIES INTO WHICH
THIS WARRANT IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND
EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON
AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
"SECURITIES ACT"), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT
TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO
AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH
APPLICABLE STATE SECURITIES LAWS AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO
THE TRANSFEROR REASONABLY ACCEPTABLE TO THE COMPANY TO SUCH EFFECT, THE
SUBSTANCE OF WHICH SHALL BE REASONABLY ACCEPTABLE TO THE COMPANY. THIS SECURITY
MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT WITH A REGISTERED
BROKER-DEALER OR OTHER LOAN WITH A FINANCIAL INSTITUTION THAT IS AN "ACCREDITED
INVESTOR" AS DEFINED IN RULE 501(a) UNDER THE SECURITIES ACT.

No. _______

                         ORDINARY SHARE PURCHASE WARRANT

                 To Purchase [              ] Ordinary Shares of

                                  ATTUNITY LTD.

     THIS ORDINARY SHARE PURCHASE WARRANT (this  "Warrant")  CERTIFIES that, for
value received, [ ]the "Holder"), is entitled, upon the terms and subject to the
limitations on exercise and the conditions hereinafter set forth, at any time or
from time to time on or after the date of issuance of this  Warrant  (such date,
the "Initial Exercise Date") and on or prior to 5:00 p.m., New York time, on the
third  anniversary  of  the  Closing  Date,  i.e.,  on  January  23,  2008  (the
"Termination  Date") but not  thereafter,  to subscribe  for and  purchase  from
Attunity Ltd., a company incorporated in the State of Israel (the "Company"), up
to 102,615 (the "Warrant Shares") Ordinary Shares, par value NIS 0.10 per share,
of the Company (the "Ordinary Shares"). The purchase price of one Ordinary Share
(the "Exercise Price") under this Warrant shall be $2.75,  subject to adjustment
hereunder.  The  Exercise  Price and the number of Warrant  Shares for which the
Warrant is  exercisable  shall be  subject to  adjustment  as  provided  herein.
Capitalized  terms used and not otherwise defined herein shall have the meanings
set  forth  in  that  certain  Securities   Purchase  Agreement  (the  "Purchase
Agreement"),  dated as of January 24, 2005, among the Company and the purchasers
signatory thereto.

     1.  Title  to  Warrant.  Prior  to the  Termination  Date  and  subject  to
compliance with applicable laws and Section 7 of this Warrant,  this Warrant and
all rights  hereunder  are  transferable,  in whole or in part, at the office or
agency of the  Company by the Holder in person or by duly  authorized  attorney,
upon surrender of this Warrant together with the Assignment

<PAGE>

Form annexed hereto properly  endorsed.  The transferee shall, as a condition to
such transfer,  sign and deliver to the Company an investment letter in form and
substance reasonably satisfactory to the Company.

     2.  Authorization of Shares.  The Company covenants that all Warrant Shares
which may be issued upon the exercise of the purchase rights represented by this
Warrant will, upon exercise of the purchase  rights  represented by this Warrant
in accordance with the terms hereof, be duly authorized,  validly issued,  fully
paid and nonassessable and free from all Liens imposed by the Company other than
taxes in respect of any transfer occurring contemporaneously with such issue and
restrictions arising under applicable securities laws.

     3. Exercise of Warrant.

          (a) Exercise of the purchase rights represented by this Warrant may be
     made at any time or times on or after the Initial  Exercise  Date and on or
     before the Termination  Date by surrender of this Warrant and delivery of a
     fully  completed  and duly  executed  copy of the Notice of  Exercise  Form
     annexed hereto to the Company at its principal office (or such other office
     or agency of the  Company as it may  designate  by notice in writing to the
     registered  Holder at the address of such Holder  appearing on the books of
     the Company)  along with  payment of the  aggregate  Exercise  Price of the
     Warrant Shares thereby  purchased by wire transfer or cashier's check drawn
     on  a  United  States  bank.  Certificates  for  Warrant  Shares  purchased
     hereunder  shall be delivered  to the Holder  within seven (7) Trading Days
     from the delivery to the Company of the Notice of Exercise Form,  surrender
     of this Warrant and payment of the  aggregate  Exercise  Price as set forth
     above ("Warrant Share Delivery Date"). This Warrant shall be deemed to have
     been exercised  immediately  prior to the close of business on the date the
     Notice of Exercise Form,  this Warrant and the aggregate  Exercise Price is
     delivered to the Company.  The Warrant  Shares shall be deemed to have been
     issued,  and Holder or any other person so  designated  to be named therein
     shall be deemed to have  become a holder of record of such  shares  for all
     purposes,  as of the date the Warrant has been  exercised by payment to the
     Company  of the  Exercise  Price and all taxes  required  to be paid by the
     Holder, if any, pursuant to Section 5 prior to the issuance of such shares,
     have been paid. If the Company fails to deliver to the Holder a certificate
     or  certificates  representing  the Warrant Shares pursuant to this Section
     3(a) by the seventh (7th) Trading Day following the Warrant Share  Delivery
     Date,  then the Holder will have the right to rescind  such  exercise  upon
     written  notice to the Company;  provided  such notice was delivered to the
     Company  prior  to the  Company's  cure of such  untimely  performance.  In
     addition to any other rights available to the Holder,  if the Company fails
     to deliver to the Holder a certificate  or  certificates  representing  the
     Warrant  Shares  pursuant to an exercise by the seventh  (7th)  Trading Day
     after the Warrant Share  Delivery Date, and if after such day the Holder is
     required by its broker to  purchase in a bona fide open market  transaction
     shares of Common Stock to deliver in  satisfaction  of a sale by the Holder
     of the Warrant  Shares  which the Holder  anticipated  receiving  upon such
     exercise (a  "Buy-In"),  then the  Company  shall (1) pay to the Holder the
     amount by which (x) the Holder's total purchase price (including  customary
     brokerage commissions, if any) for the Ordinary Shares so purchased exceeds
     (y) the amount obtained by multiplying (A) the

                                        2

<PAGE>

     number of Warrant  Shares that the  Company was  required to deliver to the
     Holder in  connection  with the  exercise at issue,  times (B) the price at
     which the sell order giving rise to such purchase  obligation was executed,
     and (2) at the option of the Holder,  either  reinstate  the portion of the
     Warrant and equivalent number of Warrant Shares for which such exercise was
     not  honored or deliver to the Holder the number of  Ordinary  Shares  that
     would have been issued had the Company  timely  complied  with its exercise
     and delivery obligations hereunder; provided that for any such payment, the
     Company  may pay it solely in the form of  Ordinary  Shares,  the number of
     which shall be determined by dividing (x) the amount to be paid pursuant to
     this Section by (y) the Closing  Price of an Ordinary  Share on the payment
     date.  For example,  if the Holder  purchases in a Buy-In  Ordinary  Shares
     having a total  purchase  price of  $11,000  to cover the sale of  Ordinary
     Shares with an aggregate sale price giving rise to such purchase obligation
     of $10,000,  under  clause (1) of the  immediately  preceding  sentence the
     Company  shall be  required  to pay the  Holder  $1,000  (or the  number of
     Ordinary Shares equal to $1,000 divided by the Closing Price of an Ordinary
     Share on the payment  date).  The Holder shall provide the Company  written
     notice  indicating  the  amounts  payable  to the  Holder in respect of the
     Buy-In,   together  with  applicable   confirmations   and  other  evidence
     reasonably requested by the Company.  Nothing herein shall limit a Holder's
     right to pursue any other remedies available to it hereunder,  at law or in
     equity  including,  without  limitation,  a decree of specific  performance
     and/or  injunctive  relief with respect to the Company's  failure to timely
     deliver  certificates  representing  Ordinary  Shares upon  exercise of the
     Warrant as required pursuant to the terms hereof.

          (b) If this Warrant  shall have been  exercised  in part,  the Company
     shall,  at  the  time  of  delivery  of  the  certificate  or  certificates
     representing Warrant Shares, deliver to Holder a new Warrant evidencing the
     rights of Holder to purchase the  unpurchased  Warrant Shares called for by
     this Warrant,  which new Warrant  shall in all other  respects be identical
     with this Warrant.

          (c) If at any time after one year from the Initial Exercise Date there
     is no  effective  Registration  Statement  registering  the  resale  of the
     Warrant  Shares  by the  Holder  (other  than  due to (i) the  lapse of the
     Effectiveness  Period (as defined in the Registration  Rights Agreement) or
     (ii) a temporary  suspension of not more than five (5) Trading Days),  this
     Warrant  may  also be  exercised  at  such  time by  means  of a  "cashless
     exercise"  in which the Holder  shall be entitled to receive a  certificate
     for the number of Warrant Shares equal to the quotient obtained by dividing
     [(A-B) (X)] by (A), where:

               (A) = the Closing Price on the Trading Day immediately  preceding
               the date of such election;

               (B) = the Exercise  Price of this Warrant,  as adjusted as of the
               date of such election; and

               (X) = the number of Warrant Shares issuable upon exercise of this
               Warrant in accordance  with the terms of this Warrant by means of
               a cash exercise rather than a cashless exercise.

                                        3

<PAGE>

          (d)  Notwithstanding  anything to the contrary set forth in subsection
     (c) above,  the Holder may not utilize the  "cashless  exercise"  method of
     payment  of the  Exercise  Price  if,  on the date of  exercise  hereof,  a
     Registration  Statement for the resale of the Warrant Shares has been filed
     and declared  effective and maintained  effective for at least fifteen (15)
     calendar days in the  aggregate,  but thereafter has ceased to be effective
     for a period of time  which is not more than  either (x)  twenty-five  (25)
     Trading Days in the  aggregate  during the year (defined as a period of 365
     days commencing on the date a Registration Statement is first effective) in
     which such date of exercise occurs or (y) fifteen (15) consecutive  Trading
     Days immediately prior to such date of exercise.

     4.  No  Fractional   Shares  or  Scrip.  No  fractional   shares  or  scrip
representing  fractional  shares  shall  be  issued  upon the  exercise  of this
Warrant.  As to any fraction of a share which Holder would otherwise be entitled
to purchase  upon such  exercise,  the Company  shall pay a cash  adjustment  in
respect of such final fraction in an amount equal to such fraction multiplied by
the Exercise Price.

     5. Charges, Taxes and Expenses. Issuance of certificates for Warrant Shares
shall be made  without  charge to the  Holder for any issue or  transfer  tax or
other incidental expense in respect of the issuance of such certificate,  all of
which taxes and  expenses  shall be paid by the Company,  and such  certificates
shall be  issued  in the name of the  Holder  or in such name or names as may be
directed by the Holder;  provided,  however,  that in the event certificates for
Warrant  Shares are to be issued in a name  other  than the name of the  Holder,
this  Warrant  when  surrendered  for  exercise  shall  be  accompanied  by  the
Assignment Form attached hereto duly executed by the Holder; and the Company may
require, as a condition thereto, the payment of a sum sufficient to reimburse it
for  any  transfer  tax  incidental  thereto.  Notwithstanding  anything  to the
contrary  hereunder,  the Holder shall be responsible  for income and gift taxes
due under federal, state or other law, if any such tax is due.

     6. Closing of Books.  The Company will not close its  stockholder  books or
records in any  manner  which  prevents  the timely  exercise  of this  Warrant,
pursuant to the terms hereof.

     7. Transfer, Division and Combination.

          (a) Subject to compliance with any applicable  securities laws and the
     conditions set forth in Sections 1 and 7(e) hereof and to the provisions of
     Section  4.1 of  the  Purchase  Agreement,  this  Warrant  and  all  rights
     hereunder are  transferable,  in whole or in part,  upon  surrender of this
     Warrant at the  principal  office of the Company,  together  with a written
     assignment of this Warrant  substantially in the form attached hereto fully
     completed  and duly  executed  by the  Holder  and the  assignee  (or their
     respective  agent or  attorney)  and funds  sufficient  to pay any transfer
     taxes payable upon the making of such transfer. Upon such surrender and, if
     required, such payment, the Company shall execute and deliver a new Warrant
     or  Warrants  in  the  name  of  the  assignee  or  assignees  and  in  the
     denomination or  denominations  specified in such instrument of assignment,
     and shall  issue to the  assignor a new Warrant  evidencing  the portion of
     this Warrant not so assigned, and this Warrant shall promptly be cancelled.
     A Warrant, if properly assigned,

                                        4

<PAGE>

     may be exercised by a new holder for the purchase of Warrant Shares without
     having a new Warrant issued.

          (b) This Warrant may be divided or combined  with other  Warrants upon
     presentation hereof at the aforesaid office of the Company, together with a
     written notice specifying the names and denominations in which new Warrants
     are to be issued, signed by the Holder or its agent or attorney. Subject to
     compliance  with Section 7(a), as to any transfer  which may be involved in
     such division or  combination,  the Company shall execute and deliver a new
     Warrant or Warrants  in exchange  for the Warrant or Warrants to be divided
     or combined in accordance with such notice.

          (c) The Company  shall  prepare,  issue and deliver at its own expense
     (other than transfer  taxes) the new Warrant or Warrants under this Section
     7.

          (d) The Company agrees to maintain, at its aforesaid office, books for
     the registration and the registration of transfer of the Warrants.

          (e) If, at the time of the  surrender  of this  Warrant or the Warrant
     Shares in  connection  with any  transfer  of this  Warrant or the  Warrant
     Shares, as applicable, the transfer of this Warrant shall not be registered
     pursuant to an effective  registration  statement  under the Securities Act
     and under  applicable  state  securities or blue sky laws,  the Company may
     require,  as a condition of allowing  such  transfer (i) that the Holder or
     transferee of this Warrant or Warrant  Shares,  as the case may be, furnish
     to the Company an executed copy of the Assignment  Form attached hereto and
     a written opinion of counsel (which opinion shall be reasonably  acceptable
     to the  Company as to form,  substance  and scope) to the effect  that such
     transfer  may be made without  registration  under the  Securities  Act and
     under applicable state securities or blue sky laws, (ii) that the Holder or
     transferee  execute and deliver to the Company an investment letter in form
     and substance acceptable to the Company and (iii) that the transferee be an
     "accredited investor" as defined in Rule 501(a)(1), (a)(2), (a)(3), (a)(7),
     or (a)(8) promulgated under the Securities Act or a qualified institutional
     buyer as defined in Rule 144A(a) under the Securities Act.

     8. No Rights as Shareholder  until Exercise.  This Warrant does not entitle
the Holder to any voting rights or other rights as a shareholder  of the Company
prior to the exercise hereof and the payment of the Exercise Price in accordance
with the terms hereof (or exercise via cashless exercise).

     9. Loss, Theft, Destruction or Mutilation of Warrant. The Company covenants
that upon receipt by the Company of evidence  reasonably  satisfactory  to it of
the  loss,  theft,  destruction  or  mutilation  of this  Warrant  or any  stock
certificate  relating  to the  Warrant  Shares,  and in case of  loss,  theft or
destruction, of an indemnity agreement or security reasonably satisfactory to it
in form and amount,  or, if mutilated,  upon surrender and  cancellation of such
Warrant or stock certificate, the Company will make and deliver a new Warrant or
stock

                                       5

<PAGE>

certificate  of like  tenor and dated as of such  cancellation,  in lieu of such
Warrant or stock certificate.

     10. Saturdays, Sundays, Holidays, etc. If the last or appointed day for the
taking of any action or the  expiration of any right  required or granted herein
shall be a Saturday, Sunday or a legal holiday, then such action may be taken or
such right may be exercised on the next succeeding day not a Saturday, Sunday or
legal holiday.

     11.  Adjustments  of  Exercise  Price and Number of Warrant  Shares;  Stock
Splits, etc. The number and kind of securities  purchasable upon the exercise of
this Warrant and the Exercise Price shall be subject to adjustment  from time to
time upon the happening of any of the  following.  In case the Company shall (a)
pay a dividend  in  Ordinary  Shares or Ordinary  Shares  Equivalents  or make a
distribution in Ordinary Shares or Ordinary Shares Equivalents to holders of its
outstanding  Ordinary Shares, (b) subdivide its outstanding Ordinary Shares into
a greater number of shares,  (c) combine its outstanding  Ordinary Shares into a
smaller number of Ordinary Shares,  or (d) issue any shares of its capital stock
in a reclassification  of the Ordinary Shares, then the number of Warrant Shares
purchasable  upon  exercise of this Warrant  immediately  prior thereto shall be
adjusted so that the Holder  shall be entitled to receive the kind and number of
Warrant  Shares or other  securities of the Company which it would have owned or
have been  entitled  to  receive  had such  Warrant  been  exercised  in advance
thereof.  Upon each such  adjustment of the kind and number of Warrant Shares or
other  securities of the Company  which are  purchasable  hereunder,  the Holder
shall  thereafter be entitled to purchase the number of Warrant  Shares or other
securities resulting from such adjustment at an Exercise Price per Warrant Share
or  other  security  obtained  by  multiplying  the  Exercise  Price  in  effect
immediately prior to such adjustment by the number of Warrant Shares purchasable
pursuant hereto  immediately prior to such adjustment and dividing by the number
of  Warrant  Shares or other  securities  of the  Company  that are  purchasable
pursuant  hereto  immediately  thereafter.  An adjustment  made pursuant to this
paragraph shall become  effective  immediately  after the effective date of such
event retroactive to the record date, if any, for such event.

     12. Reorganization,  Reclassification, Merger, Consolidation or Disposition
of Assets.  In case the Company shall  reorganize  its capital,  reclassify  its
capital stock,  consolidate or merge with or into another corporation (where the
Company  is not the  surviving  corporation  or where  there  is a change  in or
distribution  with respect to the Ordinary  Shares of the Company not covered by
Section 11  hereof),  or sell,  transfer or  otherwise  dispose of its assets or
business  that  generated  at least 50% of the  revenues  of the  Company,  on a
consolidated  basis,  immediately prior to such sale or disposition,  to another
corporation and, pursuant to the terms of such reorganization, reclassification,
merger,  consolidation  or disposition of assets,  shares of common stock of the
successor  or  acquiring  corporation,  or any  cash,  shares  of stock or other
securities  or property of any nature  whatsoever  (including  warrants or other
subscription  or purchase  rights) in addition to or in lieu of common  stock of
the successor or acquiring corporation ("Other Property"), are to be received by
or distributed to the holders of Ordinary Shares of the Company, then the Holder
shall have the right thereafter to receive,  upon exercise of this Warrant,  the
number of Ordinary  Shares of the successor or acquiring  corporation  or of the
Company, if it is the surviving corporation,  and Other Property receivable upon
or as a result of such reorganization,  reclassification,  merger, consolidation
or disposition of assets by a

                                       6

<PAGE>

Holder of the number of Ordinary  Shares for which this  Warrant is  exercisable
immediately   prior  to  such  event.  In  case  of  any  such   reorganization,
reclassification,  merger, consolidation or disposition of assets, the successor
or acquiring  corporation (if other than the Company) shall expressly assume the
due and  punctual  observance  and  performance  of each and every  covenant and
condition of this  Warrant to be  performed  and observed by the Company and all
the obligations and liabilities hereunder,  subject to such modifications as may
be deemed appropriate (as determined in good faith by resolution of the Board of
Directors of the Company) in order to provide for  adjustments of Warrant Shares
for which this Warrant is  exercisable  which shall be as nearly  equivalent  as
practicable to the adjustments  provided for in this Section 12. For purposes of
this Section 12, "common stock of the successor or acquiring  corporation" shall
include  stock of such  corporation  of any class which is not  preferred  as to
dividends or assets over any other class of stock of such  corporation and which
is  not  subject  to  redemption   and  shall  also  include  any  evidences  of
indebtedness,  shares of stock or other securities which are convertible into or
exchangeable  for any such stock,  either  immediately  or upon the arrival of a
specified  date or the happening of a specified  event and any warrants or other
rights to subscribe for or purchase any such stock. The foregoing  provisions of
this  Section  12  shall   similarly   apply  to   successive   reorganizations,
reclassifications, mergers, consolidations or disposition of assets.

     13. Automatic Conversion; Call Provision.

               (a) If as of the  Termination  Date,  this  Warrant  has not been
          fully  exercised,   then  as  of  such  date  this  Warrant  shall  be
          automatically   converted,  in  full,  as  a  "cashless  exercise"  in
          accordance  with Section  1(a) above,  without any action or notice by
          the Registered Holder.

               (b) Notwithstanding  anything to the contrary  hereunder,  in the
          event that the Closing  Price of the  Ordinary  Shares  exceeds  $4.70
          (appropriately  adjusted  for any stock split,  recerese  stock split,
          stock  dividend  or  other  reclassification  or  combination  of  the
          Ordinary  Shares  occurring  after the date  hereof)  for twenty  (20)
          consecutive  Trading Days, then the Company shall  thereafter have the
          right,  upon prior  written  notice to the  Holder  (or  transferee(s)
          thereof), to demand the exercise of all, but not less than all, of the
          then outstanding  Warrants in accordance with the terms hereunder.  If
          the Holder (or  transferee(s)  thereof)  does not  exercise all of the
          Warrants  within  thirty (30) Trading  Days  following  the  Company's
          notice (the "Notice  Period"),  which  exercise may be at any time and
          from time to time  during  the  Notice  Period,  then any  outstanding
          Warrants  not  exercised  prior to the end of the Notice  Period shall
          become  void and  canceled,  without  the  requirement  of any further
          action  by the  Holder  or the  Company  (including  surrender  of the
          Warrants).

     14. Notice of  Adjustment.  Whenever the number of Warrant Shares or number
or kind of securities or other  property  purchasable  upon the exercise of this
Warrant or the Exercise Price is adjusted, as herein provided, the Company shall
give  notice  thereof to the  Holder,  which  notice  shall  state the number of
Warrant Shares (and other securities or property)  purchasable upon the exercise
of this  Warrant  and the  Exercise  Price of such  Warrant  Shares  (and  other
securities or property) after such  adjustment,  setting forth a brief statement
of the facts  requiring  such  adjustment  and setting forth the  computation by
which such adjustment was made.

                                       7

<PAGE>

     15. Notice of Corporate Action. If at any time:

               (a)  the  Company  shall  take a  record  of the  holders  of its
          Ordinary  Shares  for the  purpose  of  entitling  them to  receive  a
          dividend  or other  distribution,  or any  right to  subscribe  for or
          purchase any evidences of its indebtedness, any shares of stock of any
          class or any other  securities  or  property,  or to receive any other
          right, or

               (b) there shall be any capital reorganization of the Company, any
          reclassification  or  recapitalization  of the  capital  stock  of the
          Company or any  consolidation  or merger of the Company  with,  or any
          sale,  transfer or other  disposition of all or substantially  all the
          assets of the Company to, another corporation or,

               (c)  there  shall  be a  voluntary  or  involuntary  dissolution,
          liquidation or winding up of the Company;

then,  in any one or more of such  cases,  the  Company  shall give to Holder at
least seven (7) days' prior  written  notice of (i) a record date that was fixed
for such dividend,  distribution or right or for  determining  rights to vote in
respect of any such  reorganization,  reclassification,  merger,  consolidation,
sale, transfer, disposition,  liquidation or winding up, and (ii) in the case of
any  such  reorganization,   reclassification,   merger,  consolidation,   sale,
transfer, disposition,  dissolution, liquidation or winding up the date when the
same shall or is  expected to take place.  Such  notice in  accordance  with the
foregoing  clause also shall specify (i) the date on which any such record is to
be taken for the purpose of such dividend,  distribution  or right,  the date on
which the holders of  Ordinary  Shares  shall be entitled to any such  dividend,
distribution or right, and the amount and character  thereof,  and (ii) the date
on which any such reorganization, reclassification, merger, consolidation, sale,
transfer,  disposition,  dissolution,  liquidation  or winding up is expected to
take  place  and the  time,  if any such  time is to be  fixed,  as of which the
holders of Ordinary  Shares shall be entitled to exchange their Ordinary  Shares
for securities or other property deliverable upon such disposition, dissolution,
liquidation or winding up. Each such written notice shall be sufficiently  given
if addressed  to Holder at the last address of Holder  appearing on the books of
the Company and delivered in accordance with Section 17(d).

     16.  Authorized  Shares.  The Company  covenants that during the period the
Warrant  is  outstanding,  it will  reserve  from its  authorized  and  unissued
Ordinary Shares a sufficient number of shares to provide for the issuance of the
Warrant Shares upon the exercise of any purchase rights under this Warrant.  The
Company  further  covenants  that its issuance of this Warrant shall  constitute
full authority to its officers who are charged with the duty of executing  stock
certificates  to execute and issue the  necessary  certificates  for the Warrant
Shares upon the exercise of the purchase rights under this Warrant.  The Company
will take all such  reasonable  action as may be  necessary  to assure that such
Warrant  Shares  may be issued  as  provided  herein  without  violation  of any
applicable law or regulation,  or of any requirements of the Trading Market upon
which the Ordinary Shares may be listed.

Except and to the extent as waived or  consented  to by the Holder,  the Company
shall not by any action, including, without limitation, amending its certificate
of   incorporation   or  through   any   reorganization,   transfer  of  assets,
consolidation, merger, dissolution, issue or sale of securities or

                                       8

<PAGE>

any other voluntary action, avoid or seek to avoid the observance or performance
of any of the terms of this Warrant,  but will at all times in good faith assist
in the  carrying  out of all such  termsand in the taking of all such actions as
may be necessary or  appropriate to protect the rights of Holder as set forth in
this  Warrant  against  impairment.  Without  limiting  the  generality  of  the
foregoing, the Company will (a) not increase the par value of any Warrant Shares
above the amount payable therefor upon such exercise  immediately  prior to such
increase in par value(b) take all such action as may be necessary or appropriate
in  order  that the  Company  may  validly  and  legally  issue  fully  paid and
nonassessable  Warrant  Shares upon the  exercise of this  Warrant,  and (c) use
commercially reasonable efforts to obtain all such authorizations, exemptions or
consents from any public regulatory body having  jurisdiction  thereof as may be
necessary to enable the Company to perform its obligations under this Warrant.

     17. Miscellaneous.

               (a)  Jurisdiction.  All questions  concerning  the  construction,
          validity,  enforcement  and  interpretation  of this Warrant  shall be
          determined  in  accordance   with  the   provisions  of  the  Purchase
          Agreement.

               (b) Restrictions. The Holder acknowledges that the Warrant Shares
          acquired upon the exercise of this Warrant,  if not  registered,  will
          have  restrictions  upon resale imposed by securities laws. The Holder
          acknowledges  by  acceptance  of the Warrant  that (a) it has acquired
          this Warrant for investment and not with a view to  distribution;  (b)
          it has the capacity to protect its own  interests in  connection  with
          the transaction;  and (c) it is an "accredited  investor" as that term
          is defined in Regulation D promulgated under the Securities Act.

               (c) Nonwaiver and Expenses.  No course of dealing or any delay or
          failure to exercise  any right  hereunder on the part of Holder or the
          Company shall operate as a waiver of such right or otherwise prejudice
          Holder's or Company's rights, powers or remedies,  notwithstanding all
          rights  hereunder  terminate on the  Termination  Date. If the Company
          willfully  and  knowingly  fails to comply with any  provision of this
          Warrant,  which  results in any  material  damages to the Holder,  the
          Company  shall pay to Holder such  amounts as shall be  sufficient  to
          cover any costs and expenses including, but not limited to, reasonable
          attorneys'   fees  and   expenses,   including   those  of   appellate
          proceedings, incurred by Holder in collecting any amounts due pursuant
          hereto or in otherwise enforcing any of its rights, powers or remedies
          hereunder.

               (d) Notices.  Any notice,  request or other document  required or
          permitted to be given or delivered to the Holder by the Company  shall
          be delivered in accordance with the notice  provisions of the Purchase
          Agreement.

               (e)  Limitation of  Liability.  No provision  hereof  (except for
          Section  13),  in the absence of any  affirmative  action by Holder to
          exercise this Warrant or purchase  Warrant Shares,  and no enumeration
          herein of the rights or privileges  of Holder,  shall give rise to any
          liability of Holder for the purchase  price of any Ordinary  Shares or
          as a shareholder of the Company, whether such liability is asserted by
          the Company or by creditors of the Company.

                                        9

<PAGE>

               (f) Remedies.  Each of the Holder and the Company, in addition to
          being  entitled  to  exercise  all rights  granted  by law,  including
          recovery of damages,  will be entitled to specific  performance of its
          rights under this Warrant.  The Company  agrees that monetary  damages
          would not be adequate  compensation for any loss incurred by reason of
          a breach by it of the  provisions of this Warrant and hereby agrees to
          waive the defense in any action for specific performance that a remedy
          at law would be adequate.

               (g) Successors and Assigns. Subject to applicable securities laws
          and  Section 7 hereof,  this  Warrant  and the rights and  obligations
          evidenced hereby shall inure to the benefit of and be binding upon the
          successors of the Company and the successors and permitted  assigns of
          Holder.  The  provisions  of this  Warrant are  intended to be for the
          benefit of all Holders  from time to time of this Warrant and shall be
          enforceable by any such Holder or holder of Warrant Shares.

               (h)  Amendment.  This  Warrant  may be modified or amended or the
          provisions  hereof waived with the written  consent of the Company and
          the Holder.

               (i)  Severability.  Wherever  possible,  each  provision  of this
          Warrant  shall be  interpreted  in such manner as to be effective  and
          valid under applicable law, but if any provision of this Warrant shall
          be prohibited by or invalid under applicable law, such provision shall
          be  ineffective  to the  extent  of such  prohibition  or  invalidity,
          without invalidating the remainder of such provisions or the remaining
          provisions of this Warrant.

               (j)  Headings.  The  headings  used in this  Warrant  are for the
          convenience  of  reference  only and shall not,  for any  purpose,  be
          deemed a part of this Warrant.

                              ********************

                                       10

<PAGE>

     IN WITNESS  WHEREOF,  the Company has caused this Warrant to be executed by
its officer thereunto duly authorized.

Dated: January 24, 2005
                                            ATTUNITY LTD.

                                            By:   /s/Aki Ratner  /s/Ofer Segev
                                               -------------------------------
                                               Name: Aki Ratner     Ofer Segev
                                               Title:   CEO           CFO

                                       11

<PAGE>

                               NOTICE OF EXERCISE

To:     Attunity Ltd.

     (1)  The  undersigned,   (the  holder  of  the  attached   Warrant)  hereby
irrevocably  elects to purchase  ________ Warrant Shares of the Company pursuant
to the terms of the  attached  Warrant,  and  tenders  herewith  payment  of the
exercise price in full,  together with all applicable transfer taxes, if any, in
the aggregate amount of $_________.

     (2)  Payment is in the form of (check applicable box):

          [ ] in lawful money of the United States; or

          [ ] the cancellation of such number of Warrant Shares as is necessary,
          in  accordance  with the  formula  set forth in  subsection  3(c),  to
          exercise  this Warrant  with respect to the maximum  number of Warrant
          Shares  purchasable  pursuant to the cashless  exercise  procedure set
          forth in subsection  3(c).  [Note:  You may check this box only if you
          are entitled to "cashless  exercise" in  accordance  with the terms of
          the Warrant]

     (3) Please issue a certificate or  certificates  representing  said Warrant
Shares in the name of the  undersigned  or in such  other  name as is  specified
below:

          -------------------------------

The Warrant Shares shall be delivered to the following address:

          -------------------------------

          -------------------------------

          -------------------------------

     (4) The undersigned hereby confirms the  representations and warranties set
forth in Section 3.2 of that certain  Securities  Purchase Agreement dated as of
January __, 2005.

     [ ] (check if  applicable):  Please issue a new Warrant for the unexercised
portion of the attached Warrant in the name of the undersigned.

                                         [PURCHASER]

                                         By: ______________________________
                                             Name:
                                             Title:

                                         Dated: ________________________

                                         Federal Tax ID or Social Security No.:
                                         _________________

<PAGE>

                                 ASSIGNMENT FORM

     FOR VALUE RECEIVED,  ______________________  (the "Assignor") hereby sells,
assigns and transfers all of the rights of the  undersigned  Assignor  under the
attached  Warrant with respect to the number of Ordinary Shares of Attunity Ltd.
(the "Company")  covered  thereby set forth below,  to the following  "Assignee"
and, in connection  with such  transfer,  represents and warrants to the Company
that the transfer is otherwise in compliance with Section 7(e) of the Warrant:

Name of Assignee and Federal Tax     Address & Fax Number          No. of Shares
--------------------------------     --------------------          -------------
ID or Social Security No.
-------------------------

--------------------------------     --------------------          -------------

--------------------------------     --------------------          -------------

Dated:_________________________           Signature:

                                          _________________________

                                          Witness:

                                          _________________________

                            ASSIGNEE ACKNOWLEDGEMENT

The undersigned Assignee acknowledges that it has reviewed the attached Warrant
and by its signature below it hereby represents and warrants that it is an
"accredited investor" as defined in Rule 501(a) of Regulation D promulgated
under the Securities Act of 1933, as amended, and agrees to be bound by the
terms and conditions of the attached Warrant as of the date hereof.

                                            By:
                                               ---------------------------------

                                            Its:
                                                --------------------------------

                                            Address:
                                                    ----------------------------

                                                    ----------------------------

                                            Fax:
                                            ---     ----------------------------
NOTE: The signature to this Assignment Form must correspond with the name as it
appears on the face of the Warrant, without alteration or enlargement or any
change whatsoever, and must be guaranteed by a bank or trust company. Officers
of corporations and those acting in a fiduciary or other representative capacity
should file proper evidence of authority to assign the foregoing Warrant.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00078-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00078-of-00352.parquet"}]]