Document:

Exhibit 4.18

 

SHARE
PURCHASE AGREEMENT

 

THIS
SHARE PURCHASE AGREEMENT (this “Agreement”) is made as of December 27, 2017 by and among P.V. Nano Cell
Ltd., a company incorporated under the laws of the State of Israel, with offices located at 8 Hamasger St., PO Box 236, Migdal
Ha-Emek, 2310102, Israel (the “Company”) and Jet CU P.C.B Ltd. (“Investor” or “Jet
CU” respectively).

 

The
Parties hereby agree as follows:

 

		1.	The
                                         Company wishes to raise capital by means of issuance of Ordinary Shares, par value NIS
                                         0.01 each, of the Company (the “Ordinary Shares”).

 

		2.	The
                                         Investor desires to make an equity investment in the Company and the Company desires
                                         to issue and sell the Purchased Shares (as such term is defined below) to the Investor,
                                         on the terms and conditions as set forth herein.

 

		3.	At
                                         the date of this Agreement first set out above, the Investor agrees to transfer to the
                                         Company an advance in an amount of US $600,000, on account of shares to be purchased
                                         by the Investor on January 17, 2017 (“Advance” and “Closing”
                                         respectively).

 

		4.	At
                                         the Closing, the Investor agrees to transfer to the Company an additional amount of US
                                         $392,615 (“Closing Amount” and together with the Advance “Total
                                         Investment”).

 

		5.	At
                                         the Closing and upon receipt of Total Investment, the Company shall issue to the Investor
                                         or to a trustee designated by the Investor in writing, 992,615 Ordinary Shares of the
                                         Company, at a price per share of US $1.00 (the “Purchased Shares” and
                                         the “PPS”, respectively). The Investor shall be entitled to registration
                                         rights with respect to the Purchased Shares, in accordance with the Registration Rights
                                         Agreement, to be signed by the Parties at the Closing, materially in the form attached
                                         to the SPA (as defined below).

 

		6.	Upon
                                         receipt of the Total Investment, Section 1.1(c) of the SEA (as defined below) with respect
                                         to the Second Payment (as defined thereat) shall be cancelled and be deemed replaced
                                         by this Agreement.

 

		7.	If
                                         for any reason, the Total Investment (totaling USD $992,615) is not transferred when
                                         due, this Agreement shall terminate and all the amounts previously received hereunder
                                         (the Advance and any additional amount on account of the Closing Amount, “Partial
                                         Amount”) shall be invested in accordance with the terms of that certain SHARE
                                         EXCHANGE AGREEMENT dated December 3, 2017, by and among the Company, Digiflex Ltd., and
                                         the stockholders of Digiflex Ltd. (“SEA”) and the Partial Amount shall
                                         be deemed as an Investment by Jet CU under the SPA (Schedule B to the SEA) and this Agreement
                                         shall be deemed as a joinder to said SPA.

 

		8.	If
                                         the last price on the trading day before the Closing is lower than US 1.00 (and the price
                                         is not increased during the Closing date trading), the parties shall negotiate in good
                                         faith granting Jet CU with additional warrants. The Company’s CEO and the Stockholder
Representative (as defined in the SEA) are empowered on behalf of the parties to conduct such negotiations, which shall not derogate
or delay the performance of the transactions herein.

  

     

     

    

 

		9.	Jet
                                         CU will transfer the Total Investment to the Company’s bank account by wire transfer.

 

		10.	The
                                         Purchased Shares issued and purchased hereunder shall have the rights, preferences and
                                         privileges as set forth in the Articles of Association of the Company.

 

		11.	Promptly
                                         following the Closing and receipt of the Total Investment, the Company shall record the
                                         issuance and allotment of the Purchased Shares according to Section 5 above.

 

		12.	The
                                         Investor further confirms and acknowledges that the Purchased Shares are being purchased
                                         “As Is”, except for the express warranties set out in the SPA as of the date
                                         they were provided thereunder.

 

		13.	The
                                         Investor confirms that the representations set out in Section 2 of the SPA are true and
                                         correct with respect to the Investor.

 

		14.	Transfer
                                         Restrictions. The Purchased Shares may only be disposed of in compliance with applicable
                                         Israeli and US state and federal securities laws. In connection with any transfer of
                                         the Purchased Shares other than pursuant to an effective registration statement or Rule
                                         144 to an Affiliate of the Investor or in connection with a pledge, the Company may require
                                         the transferor thereof to provide, at the transferor’s expense, an opinion of counsel
                                         selected by the transferor and reasonably acceptable to the Company, the form and substance
                                         of which opinion shall be reasonably satisfactory to the Company, to the effect that
                                         such transfer does not require registration of such transferred shares under the Securities
                                         Act.

 

		15.	This
                                         Agreement shall be governed by and construed solely in accordance with the laws of the
                                         State of Israel, without giving effect to the rules respecting conflict of law. The Parties
                                         hereby irrevocably submit to the jurisdiction of the courts of Haifa in respect of any
                                         dispute or matter arising out of or connected with this Agreement.

 

		16.	This
                                         Agreement may be executed in one or more counterparts, each of which shall be deemed
                                         an original and all of which together shall constitute one and the same instrument. Facsimile
                                         or scanned signatures of a Party shall be binding as evidence of such Party’s agreement
                                         hereto and acceptance hereof.

  

     

     

    

 

IN
WITNESS WHEREOF, each Investor and the Company have caused their respective signature page to this Agreement to be duly executed
as of the date first written above.

   

	INVESTOR:	 	COMPANY:
	 	 	 
	Jet CU P.C.B Ltd.	 	P.V. NANO CELL LTD.
	 	 	 
	By: 	Moshe Zimmerman, Director	 	By: 	Dr. Fernando de la Vega, Director

 

2Exhibit 4.19

 

SUPPLEMENT TO SHARE PURCHASE
AGREEMENT DATED

DECEMBER 27 2017 ("Original SPA")

 

THIS SUPPLEMENT TO THE ORIGINAL
SPA (this "Supplement") is made as of January 3, 2018 by and among P.V. Nano Cell Ltd., a company incorporated
under the laws of the State of Israel, with offices located at 8 Hamasger St., PO Box 236, Migdal Ha-Emek, 2310102, Israel (the
"Company") and Jet CU P.C.B Ltd. (“Investor” or "Jet CU" respectively).

 

WHEREAS the Parties wish to supplement
the Original SPA according to the terms set forth below; and

 

NOW, THEREFORE, THE PARTIES HAVE AGREED AS FOLLOWS:

 

	1.	The Recitals form an integral and binding part of this Supplement.
	 	 
	2.	Capitalized terms used herein which are not defined shall have the meaning ascribed to them in
the Original SPA.
	 	 
	3.	Further to Section 8 to the Original SPA, it is agreed that upon receipt by the Company of the
Closing Amount (as defined in the Original SPA), the Company will grant Jet CU a warrant to purchase 300,000 Ordinary Shares of
the Company par value NIS 0.01 each, at an exercise price per share of US $0.5.
	 	 
	4.	All other terms and provisions of the Original SPA shall continue to bind the parties without change.
	 	 
	5.	This Supplement shall be governed by and construed solely in accordance with the laws of the State
of Israel, without giving effect to the rules respecting conflict of law. The Parties hereby irrevocably submit to the jurisdiction
of the courts of Haifa in respect of any dispute or matter arising out of or connected with this Agreement.
	 	 
	6.	This Supplement may be executed in one or more counterparts, each of which shall be deemed an original
and all of which together shall constitute one and the same instrument. Facsimile or scanned signatures of a Party shall be binding
as evidence of such Party's agreement hereto and acceptance hereof.

  

     

     

    

 

IN WITNESS WHEREOF, Jet
CU and the Company have caused their respective signature page to this Agreement to be duly executed as of the date first written
above.

 

	INVESTOR:	 	COMPANY:
	 	 	 
	 	 	 
	Jet CU P.C.B Ltd.	 	P.V. NANO CELL LTD.
	 	 	 
	By: Moshe Zimmerman, Director	 	By: Dr. Fernando de la Vega, Director

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