Document:

Exhibit 10.2
	
	

Exhibit
10
..
2

PO
RCH

GROUP,

INC.

PERFORMANCE
-
BASED RESTRICTED STOCK UNIT AWARD

NOTICE AND
AGREEMENT

(
2020 STOCK INCENTIVE PLAN
)

Porch

Group,

Inc.,

a

Delaware

corporation

(the

“
Company
”
, which term shall include any
other successor in interest to the
Company, if applicable
),

hereby

grants

to

the

individual

named
below
(the

“
Holder
”
)

as of the grant date set forth below (the “
Grant Date
”)
pursuant

to

the

provisions

of

the

Porch

Group,

Inc.

2020

Stock

Incentive

Plan

(the

“
Plan
”
),

a

performance
-
based

restricted

stock

unit
(“
PRSU
”)
award

(the “
Award
”)

with respect to the number of PRSUs set forth
below
,

upon

and

subject

to

the

restrictions,

terms

and

conditions

set

forth

below

in this
Performance
-
Based Restricted Stock Unit Award Agreement

(th
is

“
Agreement
”)

and
in

the

Plan.

Capitalized

terms

not

defined

herein

shall

have

the

meanings

specified

in

the

Plan.

1.

Notice
o
f
PRSU
Award.

Holder
:

[___________]

Grant Date:

[________
___]

Number of Target P
R
SUs

in
the
Award:

[___________]

Maximum Number of PRSUs

*:      [___________]

* The actual number of
PRSUs
that
may be earned and
vest
ed

pursuant to the terms and conditions
of this Award will be between 0% and
[X]
% of the
Target
P
RSUs

in the
Award. The Maximum
Number of
PRSUs
represents
[X]
% of the Target
PRSUs.

2.

Award

Subject

to

Acceptance

of

Agreement
..

The

Award

shall

be

null

and

void

unless

the

Holder

accepts

this

Agreement

by

electronically

accepting

this

Agreement

on

the

Company
’
s

third
-
party

stock

plan

administrator
’s platform (which must be performed within 30
days from the
Grant D
ate for this Agreement to be effective
)
..

The Holder also hereby
agrees

to

abide

by

all

administrative

procedures

established

by

the

Company

or

its

stock

plan

administrator
..

3.

Rights

as

a

Stockholder
..

Except

as

otherwise

provided

in

this

Agreement,

until and
if shares of Common Stock are
issued in settlement of
earned and
vested
PRSU
s, the Holder

sha
ll
not have any rights of a stock
holder (including voting and dividend rights) in respect o
f the
Common Stock underlying the
PRSU
s
..

4.

Vesting
..

4.1

Determination Date
..
T
he calculation of the achievement of such
performance goal
s

set forth in
Exhibit A

to this Agreement (based on the methodology set forth
therein and in the Plan)

shall

be finalized as a
ppropriate by the Chief Financial Officer (or person
having similar duties) using, as applicable, the financial results audited by the
Company’s

independent registered public accounting firm

and presented to the Committee
in

advance of its
determination of earned PRSUs
..
Whether and the extent to which P
R
SUs are earned with respect

	
	
2

to a specific performance goal shall be determined by the Committee
within 30 days following the
public issuance of the Company’s
financial result
s audited by the
Company’s

independent
registered public accounting firm

for the applicable Performance Period
(the “
Determination
Date
”)
..

Notwithstanding the foregoing,

the
Committee

may establish a different Determination
Date for each performance goal s
et forth in
Exhibit A

to this Agreement.

4.2

Vesting

Condition
s
..

Except as otherwise provided in any written
employment, offer letter, severance, change in control, or similar agreement between the Company
or

any of its Subsidiaries and Holder

that is effecti
ve as of the applicable event (each, a “
Related
Agreement
”),
the

Award

shall

be earned and
vest

in

accordance

with

Exhibit A

to this Agreement
..

4.3

Termination of Employment
.. The
earning

and/or vesting of unvested
P
RSUs under this
Section

4
..3

or
Section
4
..4
(a)

hereof is conditioned upon the Holder signing and
delivering to the Company, and there becoming irrevocable, within 60 days after the date of such
employment termination, a general release of claims (in form and substance reasonably acceptab
le
to the Company) by which the Holder releases the Company, its Subsidiaries and their affiliated
entities and individuals from any and all claims, including claims arising from the Holder’s
employment by, and termination of employment with, the Company a
nd/or any of its Subsidiaries,
in consideration for the receipt and
earning and/or
vesting of the
P
RSUs. Any
P
RSUs that would
have otherwise
earned and/or
vested under this
Section

4
..3

or
Section 4
..4(a)

hereof shall be
forfeited if the general release does

not become effective and irrevocable on or before the 60th day
following the Holder’s termination of employment.

(a)

Termination

without Cause or for Good Reason
..

If

the

Holder
’
s

employment

with

the

Company

or any Subsidiary
terminates

by reason of the Comp
any’s
termination of
the
Holder’s employment without Cause or as a result of the Holder
’s resignation
for Good Reason
prior

to

the

end

of

the

Achievement Period
,

then

the Award will remain
outstanding and
vest when

it is earned

in accordance with the Vesting Schedule set forth
in
Exhibit
A

excluding the proviso requiring continued employment

or service during the Achievement
Period

and shall be settled pursuant to
Section
5

hereof
; provided that such vesting date shall be
no ear
lier than the 61
st

day following the Holder’s termination of employment
..

(1)

“
Cause
” shall have the meaning set forth in any Related Agreement
or, if no such Related Agreement defines such term, “
Cause
” shall mean
:

(v)

the
Holder’s
conviction or plea of no contest to a felony; (w)
the
Holder’s willful malfeasance or gross
misconduct in connection with
the
Holder’s employment; (x) a substantial, willful and
continual refusal by
the
Holder to perform the duties, responsibiliti
es or obligations
assigned to
the
Holder by the Company

or applicable Subsidiary
, following receipt of
written notice of such deficiency from the Company

or applicable Subsidiary
; (y)
the
Holder’s material failure to fully cooperate with a regulatory inves
tigation involving the
Company or any of its Subsidiaries or affiliates; or (z)

any one or more acts by

the

Holder
of dishonesty, theft, larceny, embezzlement or fraud from or with respect to the Company
or any Subsidiary or affiliate.

(2)

“
Good Reason
” shall

have the meaning set forth in any Related
Agreement or, if no such Related Agreement defines such term, “
Good Reason
” shall mean
the occurrence of any of the following events, without
the
Holder’s written consent: (i)

	
	
3

material diminution in
the
Holder’s b
ase salary or annual target incentive opportunity
(unless the base salary or annual target incentive opportunity, as applicable, is similarly
reduced for other employees of a similar level of authority or title); (ii) material diminution
in
the
Holder’s au
thority or duties; (iii) a requirement by the Company
or applicable
Subsidiary
that
the
Holder be based more than 50 miles from
the
Holder’s office location
as of the date of this Agreement (or from such other office to which
the
Holder later agrees
to mov
e), excluding any new location closer to
the
Holder’s residence
, any temporary
assignment, and ordinary business travel
; or (iv) material breach by the Company
or
applicable Subsidiary
of any provision of this Agreement or any Related Agreement
entered int
o with
the
Holder. Notwithstanding the foregoing, none of the events described
above shall constitute Good Reason unless
the
Holder first provides the Company
or
applicable Subsidiary
with written notice of the event within 30 days of the event’s
occurrenc
e and a period of 30 days from such notice to cure such event, and further
provided that
the
Holder must terminate employment within 60 days following the end of
the cure period.

(b)

Other Termination
..

Except as provided in
Section 4
..3
(a)

or
Section
4
..4

hereof, i
f

the

Holder
’
s

employment

with

the

Company

or

any Subsidiary
terminates

for any
reason
,

then

the

portion of the

Award

that was not
earned and
vested immediately prior to such
termination of employment
shall

be

immediately

forfeited

by

the

Holder

and

cancelled

by

the

Company.

4.4

Change

in

Control
..

Except as otherwise provided in any Related
Agreement, in the event of a Change in Control (with definitions of “Cause” and “Good Reason”
to be amended by substituting the Company with the surviving entity or other successor in interest
to the Company) an
d:

(a)

the Award is assumed or
reasonably
substituted
on an equitable
basis to the Holder
by the surviving entity or other successor in interest to the Company as of the
Change in Control,
any earned portion of the Award (in which the stock price hurdles set f
orth in
the Vesting Schedule were achieved, including
the Change in Control date
based on the Fair
Market Value of each share of Common Stock sold in such Change in Control) will remain issued
and outstanding as restricted stock units (“
RSUs
”), subject to
a vesting period commencing on the
closing date of such Change in Control (the “
Closing Date
”) and ending on the earlier of (a) the
one
-
year anniversary of the Closing Date or (b)
the 61st day following
such date the Holder’s
employment is terminated witho
ut Cause or the Holder resigns the Holder’s employment for Good
Reason.

If the Holder’s employment is terminated prior to the one
-
year anniversary of the Closing
Date for any reason other than as set forth in
clause (b)
, then the full Award shall be immedi
ately
forfeited by the Holder and cancelled by the Company or the surviving entity or other successor
in interest to the Company.

(b)

the Award is not assumed or
reasonably
substituted
on an equitable
basis to the Holder
by the surviving entity or other succ
essor in interest to the Company as of the
Change in Control, the Award shall fully
be earned and
vest immediately prior to the
consummation of such Change in Control and the Holder shall receive a cash payment, at closing
of the of the Change in Control t
ransaction, for each
earned and
vested
P
RSU equal to the

	
	
4

acquisition price per share of Common Stock, less any withholding taxes thereon (as described in
Section 7.
2

hereof).

5.

Settlement of
PRSU
s
..  Subject to the withholding tax provisions of
Section

7
..
2

hereof, within 45 days after

the date upon which a
PRSU

becomes
earned and
vested in a
ccordance
with the terms of the

Agreement, the
Company shall issue
to the vested Holder one share of
Common Stock

per each vested
PRSU
;

provided
,

however
, if
earned
PRSU
s

vest in accordance
with
Section

4
..4
(a)

hereof, the
Company
(or a successor t
hereto) shall issue
to the
Holder
such
shares of Common Stock or common stock of the successor having approximately equivalent value
(and references herein to Common Stock issued
on vesting shall include such successor common
stock, if applicable), or the cash equivalent of such shares of Common Stock or common stock if
neither security is listed on a U.S. national securities exchange (including Nasdaq or the New York
Stock Exchang
e).

Notwithstanding anything to the contrary h
erein, in the event that (i)

the Holder is otherwise
prohibited from selling Common Stock in the public market (including Nasdaq or other national
securities exchange on which the Common Stock is then
listed) when any Common Stock
underlying the PRSUs are scheduled to be delivered on a settlement date (the “
Original Settlement
Date
”) due to (w) applicable law (including
Section 6
..2

hereof), (x) the rules related to a blackout
period declared by the Comp
any under an insider trading policy or similar policy, (y) any agreed
to lock
-
up arrangement, or (z) other similar circumstance and (ii) the Company elects not to satisfy
the Holder’s tax withholding obligations by withholding Common Stock from the Holder’
s
distribution,

then

such Common Stock shall not be delivered on such Original Settlement Date and
shall instead be delivered, as applicable, on (x) the first business day of the next occurring open
“window period” applicable to the Holder as determined by

the Company, or (y) the next business
day on which the Holder is not otherwise prohibited from selling Common Stock in such public
market, but in no event later than March 15th of year following the year in which the PRSUs vest.

6.

Transfer

Restrictions

and

Securities Laws

Representation
..

6.1

Nontransferability

(a)

Nontransferability
of

Award
..

Prior to
an Award being earned and
vested
, this Award and the underlying PRSUs may not be offered, sold, transferred, assigned,
pledged, hypothecated, encumb
ered or otherwise disposed of (whether by operation of law or
otherwise) or be subject to execution, attachment or similar process

(collectively, “Transfer” or
“Transferred”)
, other than by will, the laws of descent and distribution or pursuant to benefici
ary
designation procedures approved by the Company;
provided
,

however
, that any transferred Award
or underlying PRSUs so permitted will be subject to all of the same terms and conditions as
provided in the Plan and this Agreement and the Holder’s estate or

beneficiary appointed shall
remain liable for any withholding tax that may be imposed by any federal, state or local tax
authority. Upon any attempt to so offer, sell, transfer, assign, pledge, hypothecate, encumber or
otherwise dispose of the PRSUs, the
Award and underlying PRSUs and all rights hereunder shall
immediately become null and void.

	
	
5

(b)

Certain Trusts
..

Upon receiving written permission from the Board
or its duly authorized designee, the Award

may be transferred

to a trust if
the Holder is

considered
to be the sole beneficial owner (determined under Section 671 of the Code and applicable state
law) while the Award is held in the trust, provided that
Holder

and the trustee enter into transfer
and other agreements required by the Company.

(c)

Dom
estic Relations Orders
..

Upon receiving written permission
from the Board or its duly authorized designee, and provided that
Holder

and the designated
transferee enter into transfer and other agreements required by the Company,
Holder

may transfer
the Awar
d or
Holder’s

right to receive the distribution of Common Stock or other consideration
thereunder, pursuant to a domestic relations order that contains the information required by the
Company to effectuate the transfer.
Holder is

encouraged to discuss the
proposed terms of any
division of the Award with the Company prior to finalizing the domestic relations order to help
ensure the required information is contained within the domestic relations order.

6.2

Investment

Representation
..

The

Holder

hereby

represents

and

covenants

that
:

(a)

any

share
s

of

Common
Stock

acquired

upon

the

earning and
vesting

of

the

Award

will

be

acquired

for

investment

and

not

with

a

view

to

the

distribution

thereof

within

the

meaning

of

the

Securities

Act

of

1933,

as

amended

(the

“
Securities

Act
”
),

unless

such

acquisition

has

been

registered

under

the

Securities

Act

and

any

applicable

state

securities

laws;

(b)

any

subsequent

sale

of

any

such

shares

shall

be

made

either

pursuant

to

an

effective

registration

statement

under

the

Securities

Act

and

any

applicable

state

securities

laws,

or

pursuant

to

an

exemption

from

registration

under

the

Securities

Act

and

such

state

securities

laws;

and

(c)

if

requested

by

the

Company,

the

Holder

shall

submit

a

written

statement,

in

form

satisfactory

to

the

Company,

to

the

effect

that

such

representation
s
(x)

are
true

and

correct

as

of

the

date

of

earning and
vesting

of

any

shares

of

Common

Stock

hereunder

or

(y)

are

true

and

correct

as

of

the

date

of

any

sale

of

any

such

share
s
,

as

applicable.

As

a

further

condition

precedent

to

the

delivery

to

the

Holder

of

any

shares

of

Common
Stock

subject

to

the

Award,

the

Holder

shall

comply

with

all

regulations

and

requirements

of

any

regulatory

authority

having

control

of

or

supervision

over

the

issuance

or

delivery

of

the

shares

and,

in

connection

therewith,

shall

execute

any

documents

which

the

Board

or the Committee
shall

in

its

sole

discretion

deem

necessary

or

advisable.

7.

Additional Terms and Conditions of Award
..

7.1

Clawback.

The
Holder

agrees to be subject to any “clawback” or other
comparable policies adopted by the Board or any of its committees to the extent adopted at a time
when
Holder
was employed by the Company.

7.2

Withholding Taxes
..  As a condition precedent to

the delivery of the
Common Stock, the Holder shall, upon request by the Company, pay to the Company such amount
as the Company may be required, under all applicable federal, state, local or other laws or
regulations, to withhold and pay over as income or
other withholding taxes (the “
Required Tax
Payments
”) with respect to the Award. If the Holder shall fail to advance the Required Tax
Payments after request by the Company, the Company may, in its discretion, deduct any Required
Tax Payments from any amoun
t then or thereafter payable by the Company to the Holder. The
Holder may elect to satisfy his or her obligation to advance the Required Tax Payments by any of
the following means: (i) a cash payment to the Company; (ii) if permitted by the Company,

	
	
6

delive
ry to the Company (either actual delivery or by attestation procedures established by the
Company) of previously owned whole shares of Common Stock having an aggregate Fair Market
Value, determined as of the date on which such withholding obligation arises

(the “
Tax Date
”),
equal to the Required Tax Payments; (iii) if permitted by the Company, authorizing the Company
to withhold whole shares of Common Stock which would otherwise be delivered to the Holder
having an aggregate Fair Market Value, determined as

of the Tax Date, equal to the Required Tax
Payments; (iv) to the extent permitted by applicable law, a cash payment by a broker
-
dealer
acceptable to the Company to whom the Holder has submitted an irrevocable notice of same
-
day
sale
;

or (v) any combinatio
n of (i), (ii) or (iii). Shares of Common Stock to be delivered or withheld
may not have a Fair Market Value in excess of the minimum amount of the Required Tax Payments
(or such higher withholding amount permitted by the Committee and which does not resul
t in
adverse accounting consequences to the Company). Any fraction of a share of Common Stock
which would be required to satisfy any such obligation shall be disregarded and the remaining
amount due shall be paid in cash by the Holder. No share of Common S
tock or certificate
representing a share of Common Stock shall be delivered until the Required Tax Payments have
been satisfied in full. Any determination by the Company with respect to the

tendering or
withholding of shares of Common Stock to satisfy the
Required Tax Payments shall be made by
the Committee if the Holder is subject to Section 16 of the Exchange Act.

7.3

Adjustment
..  In the event of any equity restructuring (within the meaning
of Financial Accounting Standards Board Accounting Standards Codifi
cation Topic 718,
Compensation
—
Stock Compensation, or the equivalent standard) that causes the per share value
of shares of Common Stock to change, such as a stock dividend, stock split, spinoff, rights offering
or recapitalization through an extraordinary

dividend, the terms of this Award, including the
number and class of securities subject hereto, shall be appropriately adjusted by the Committee,
and such adjustment shall be made in accordance with Section 409A of the Code. In the event of
any other chan
ge in corporate capitalization, including a merger, consolidation, reorganization, or
partial or complete liquidation of the Company, such equitable adjustments described in the
foregoing sentence may be made as determined to be appropriate and equitable b
y the Committee
(or, if the Company is not the surviving corporation in any such transaction, the board of directors
of the surviving corporation) to prevent dilution or enlargement of rights of the Holder. The
decision of the Committee regarding any such
adjustment shall be final, binding and conclusive.

7.4

Compliance with Applicable Law
..  The Award is subject to the condition
that if the listing, registration or qualification of the shares of Common Stock subject to the Award
upon any securities exchange or
under any law, or the consent or approval of any governmental
body, or the taking of any other action is necessary or desirable as a condition of, or in connection
with, the vesting or delivery of shares hereunder, the shares of Common Stock subject to the

Award
shall not vest or be delivered, in whole or in part, unless such listing, registration, qualification,
consent, approval or other action shall have been effected or obtained, free of any conditions not
acceptable to the Company. The Company agrees t
o use reasonable efforts to effect or obtain any
such listing, registration, qualification
, consent, approval or other action.

7.5

Award Confers No Rights to Continued Employment or Service
..  In no
event shall the granting of the Award or its acceptance by the

Holder, or any provision of the
Agreement or the Plan, give or be deemed to give the Holder

any right to continued employment,
or in the case of a consultant or director, any right to continued service by the Company, any

	
	
7

Subsidiary or any affiliate of th
e Company or affect in any manner the right of the Company, any
Subsidiary or any affiliate of the Company to terminate the employment or service, respectively,
of any person at any time.

7.6

Decisions of Board or Committee
..  The Board or the Committee shall
have
the right to resolve all questions which may arise in connection with the Award. Any interpretation,
determination or other action made or taken by the Board or the Committee regarding the Plan or
this Agreement shall be final, binding and conclusive.

7.7

Successors
..  This Agreement shall be binding upon and inure to the benefit
of any successor or successors of the Company and any person or persons who shall, upon the
death of the Holder, acquire any rights hereunder in accordance with this
Agreement or the Plan.

7.8

Notices
..  All notices, requests or other communications provided for in this
Agreement shall be made, if to the Company, to Porch Group, Inc., Attn: Stock Plan Administrator,
4
11

1st Avenue South, Suite
501
, Seattle, Washington 98
104
; stock@porch.com, and if to the
Holder, to the las
t known mailing address of the Holder contained in the records of the Company.
All notices, requests or other communications provided for in this Agreement shall be made in
writing either (a) by personal d
elivery, (b) by facsimile or electronic mail with confirmation of
receipt, (c) by mailing in the United States mails or (d) by express courier service. The notice,
request or other communication shall be deemed to be received upon personal delivery, upon
c
onfirmation of receipt of facsimile or electronic mail transmission or upon receipt by the party
entitled thereto if by United States mail or express courier service;
provided
,
however
, that if a
notice, request or other communication sent to the Company i
s not received during regular business
hours, it shall be deemed to be received on the next succeeding business day of the Company.

7.9

Governing Law; Personal Jurisdiction
..  This Agreement, the Award and all
determinations made and actions taken pursuant here
to and thereto, to the extent not governed by
the laws of the United States, shall be governed by the laws of the State of Delaware and construed
in accordance therewith without giving effect to principles of conflicts of laws. The Holder hereby
consents t
o personal jurisdiction in any action brought in any court, federal or state, within the
State of Delaware having subject matter jurisdiction in the matter.

7.10

Agreement Subject to the Plan
..  This Agreement is subject to the provisions
of the Plan and
shall be interpreted in accordance therewith. In the event that the provisions of this
Agreement and the Plan conflict, the Plan shall control. The Holder hereby acknowledges receipt
of a copy of the Plan.

7.11

Entire Agreement
..  This Agreement and the Plan con
stitute the entire
agreement of the parties with respect to the subject matter hereof and supersede in their entirety
all prior undertakings and agreements of the Company and the Holder with respe
ct to the subject
matter hereof
..

7.12

Partial Invalidity; Heading
s
..  The invalidity or unenforceability of any
particular provision of this Agreement by a court of law of competent jurisdiction

shall not affect
the other provisions hereof and, to the fullest extent permitted by applicable law, this Agreement
shall be co
nstrued in all respects as if such invalid or unenforceable provisions had never been

	
	
8

contained herein, and such provision or part thereof shall be reformed or construed so that it would
be enforceable to the maximum extent legally possible. Headings are f
or convenience only and are
not deemed to be part of this Agreement.

7.13

Amendment and Waiver
..  The Company may amend the provisions of this
Agreement at any time;
provided

that an amendment that would materially impair the Holder’s
rights under this Agreemen
t shall be subject to the written consent of the Holder. No course of
conduct or failure or delay in enforcing the provisions of this Agreement shall affect the validity,
binding effect or enforceability of this Agreement.  Waiver by any party of any breac
h of this
Agreement or failure to exercise any right hereunder shall not be deemed to be a waiver of any
other breach or right whether or not of the same or a similar nature.

7.14

Code Section 409A
..

It is intended that this Award be exempt from or
comply wi
th Section

409A of the Code and this Agreement shall be interpreted and administered
in a manner which effectuates such intent;

provided
,

however
, that in no event shall the Company
or any Subsidiary be liable for any additional tax, interest or penalty im
posed upon or other damage
suffered by the Holder on account of this Award being subject to but not in compliance with
Section

409A of the Code.

7.15

Section 280G of the Code
..

(a)

To the extent that the Holder would otherwise be eligible to receive
a payment or
benefit pursuant to the terms of this Agreement, any Related Agreement or otherwise
in connection with, or arising out of, the Holder’s employment with the Company or any
Subsidiary or a change in ownership or effective control of the Company or of a subst
antial portion
of its assets (any such payment or benefit, a “
Parachute Payment
”), that a nationally recognized
United States public accounting firm selected by the Company (the “
Accountants
”) determines,
but for this sentence would be subject to excise ta
x imposed by Section 4999 of the Code (the
“
Excise Tax
”), subject to clause (c) below, then the Company shall pay to the Holder whichever
of the following two alternative forms of payment would result in the Holder’s receipt, on an after
-
tax basis, of the
greater amount of the Parachute Payment notwithstanding that all or some portion
of the Parachute Payment may be subject to the Excise Tax: (1) payment in full of the entire amount
of the Parachute Payment (a “
Full Payment
”), or (2) payment of only a part
of the Parachute
Payment so that the Holder receives the largest payment possible without the imposition of the
Excise Tax (a “
Reduced Payment
”).

(b)

If a Reduced Payment is necessary pursuant to clause (a), then the
reduction shall occur in the following orde
r:

(1) cancellation of acceleration of vesting on any
equity awards for which the exercise price exceeds the then fair market value of the underlying
equity; (2) reduction of cash payments (with such reduction being applied to the payments in the
reverse o
rder in which they would otherwise be made, that is, later payments shall be reduced
before earlier payments); and (3) cancellation of acceleration of vesting of equity awards not
covered under (1) above;

provided
,
however
, that in the event that
acceleration of vesting of equity
awards is to be cancelled, acceleration of vesting of full value awards shall be cancelled before
acceleration of options and stock appreciation rights and within each class such acceleration of
vesting shall be cancelled
in t
he reverse order of the
grant

date

of such equity awards, that is, later
equity awards shall be canceled before earlier equity awards; and

provided
,

further
, that to the

	
	
9

extent permitted by Section 409A of the Code and Sections 280G and 4999 of the Co
de, if a
different reduction procedure would be permitted without violating Section 409A of the Code or
losing the benefit of the reduction under Sections 280G and 4999 of the Code, the Holder may
designate a different order of reduction.

(c)

For purposes of d
etermining whether any of the Parachute Payments
(collectively the “
Total Payments
”) will be subject to the Excise Tax and the amount of such Excise
Tax, (i) the Total Payments shall be treated as “parachute payments” within the meaning of Section
280G(b)(
2) of the Code, and all “parachute payments” in excess of the “base amount” (as defined
under Section 280G(b)(3) of the Code) shall be treated as subject to the Excise Tax, unless and
except to the extent that, in the opinion of the Accountants, such Total

Payments (in whole or in
part):

(1) do not constitute “parachute payments,” including giving effect to the recalculation of
stock options in accordance with Treasury Regu
lation Section 1.280G
-
1, Q&A 33;

(2) represent
reasonable compensation for services
actually rendered within the meaning of Section 280G(b)(4)
of the Code in excess of the “base amount” or (3) are otherwise not subject to the Excise Tax, and
(ii) the value of any non
-
cash benefits or any deferred payment or benefit shall be determined by
the Accountants in accordance with the principles of Section 280G of the Code.

(d)

All determinations hereunder shall be made by the Accountants,
which determinations shall be final and binding upon the Company and the Holder.

(e)

The federal tax returns filed by
the Holder (and any filing made by
a consolidated tax group which includes the Company) shall be prepared and filed on a basis
consistent with the determination of the Accountants with respect to the Excise Tax payable by
the Holder.

The Holder shall make

proper payment of the amount of any Excise Tax, and at the
request of the Company, provide to the Company true and correct copies (with any amendments)
of his or her federal income tax return as filed with the Internal Revenue Service, and such other
docu
ments reasonably requested by the Company, evidencing such payment (
provided

that the
Holder may delete information unrelated to the Parachute Payment or Excise Tax
and

provided
,

further

that the Company at all times shall treat such returns as confidenti
al and use
such return only for purpose contemplated by this paragraph).

(f)

In the event of any controversy with the Internal Revenue Service
(or other taxing authority) with regard to the Excise Tax, the Holder shall permit the Company to
control issues rela
ted to the Excise Tax (at its expense),
provided

that such issues do not potentially
materially adversely affect the Holder
, and

the Holder shall control any other issues.

In the event
that the issues are interrelated, the Holder and the Company shall in
good faith cooperate so as not
to jeopardize resolution of either issue.

In the event of any conference with any taxing authority
as to the Excise Tax or associated income taxes, the Holder shall permit the representative of the
Company to accompany the H
older, and the Holder and his representative shall cooperate with the
Company and its representative.

(g)

The Company shall be responsible for all charges of the
Accountants.

	
	
10

(h)

The Company and the Holder shall promptly deliver to each other
copies of any written

communications, and summaries of any verbal communications, with any
taxing authority regarding the Excise Tax covered by this

Section 7.1
5
..

(i)

Nothing in this

Section 7.1
5

is intended to violate the Sarbanes
-
Oxley Act of 2002 and to the extent that any adva
nce or repayment obligation hereunder would do
so, such obligation shall be modified so as to make the advance a nonrefundable payment to the
Holder and the repayment obligation null and void.

(j)

Notwithstanding the foregoing, any payment or reimbursement
mad
e pursuant to this

Section 7.1
5

shall be paid to the Holder promptly and in no event later than
the end of the calendar year next following the calendar year in which the related tax is paid by
the Holder or where no taxes are required to be remitted, the
end of the Holder’s calendar year
following the Holder’s calendar year in which the audit is completed or there is a final and
nonappealable settlement or other resolution of the litigation.

(k)

The provisions of this

Section 7.1
5

shall survive the termination

of
the Holder’s employment or service w
ith the Company or

any Subsidiary for any reason and the
termination of the Agreement.

7.16

Data Privacy Notice
..

(a)

Holder hereby acknowledges that the collection, use and transfer, in
electronic or other form, of Holder’s

personal data as described in this Agreement and any other
PRSU grant materials by the Company and its Subsidiaries is necessary for the purpose of
implementing, administering and managing Holder’s participation in the Plan. The Holder
authorizes, agrees
and unambiguously consents to the transmission by the Company and its
Subsidiaries of any personal data information related to this Award for legitimate business
purposes (including, without limitation, the administration of the Plan).

This authorization a
nd
consent is freely given by the Holder.

(b)

Holder

understands that the Company and its Subsidiaries may hold
certain personal information about
Holder
, including, but not limited to,
Holder
’s name, home
address and telephone number, email address, date of b
irth, social security, insurance, passport or
other identification number (e.g., resident registration number), salary, nationality, job title, details
of all PRSUs or any other entitlement to shares of Common Stock awarded, canceled, exercised,
vested, un
vested or outstanding in
Holder
’s favor (“
Data
”), for the purpose of implementing,
administering and managing the Plan.

(c)

Holder

understands that Data will be transferred to eShares, Inc.
DBA Carta, Inc. and its related companies (“
Carta
”) or any stock plan service provider as may be
selected by the Company in the future, which is assisting the Company with the implementation,
admi
nistration and management of the Plan.
Holder

understands that the recipients of the Data
may be located in the United States or elsewhere, and that the recipients’ country of operation
(e.g., the United States) may have different data privacy laws and pro
tections than
Holder
’s
country.
Holder

understands that if he or she resides outside the United States, he or she may
request a list with the names and addresses of any potential recipients of the Data by contacting

	
	
11

his or her local human resources represe
ntative. The Company, Carta, any stock plan service
provider selected by the Company in the future and any other possible recipients which may assist
the Company (presently or in the future) with implementing, administering and managing the Plan
may receiv
e, possess, use, retain and transfer the Data, in electronic or other form, for the sole
purpose of implementing, administering and managing his or her participation in the Plan.
Holder

understands that Data will be held only as long as is necessary to imp
lement, administer and
manage
Holder
’s participation in the Plan plus any required period thereafter for purposes of
complying with data retention policies and procedures.
Holder

understands that based on where
s/he resides, s/he may have additional rights

with respect to personal data collected, used or
transferred in connection with this Agreement or any other PRSU grant materials by the Company
and its Subsidiaries, and
Holder

may contact in writing his or her local human resources
representative.

	
	
12

This

Agreement

may be executed by facsimile or electronic means (including, without limitation,
PDF or, for Holder, by electronically accepting it on the Company’s third
-
party stock plan
administrator’s platform) and in one or more counterparts, each of which
shall be considered an
original instrument, but all of which together shall constitute one and the same agreement, and
shall become binding when one or more counterparts have been signed by each of the parties hereto
and delivered to the other party hereto
..

PORCH GROUP, INC.

By:

Name:

Title:

Acknowledgment, Acceptance and Agreement
:

By electronically accepting it on the Company’s third
-
party stock plan administrator’s platform
(which must be performed within 30 days from the Grant Date for th
is Agreement to be effective),
I hereby acknowledge receipt of the Agreement and the Plan, accept the PRSUs granted to me,
agree to be bound by the terms and conditions of
the Agreement and

the Plan.

HOLDER

By:

Name:

Title:

[Signature page to
PRSU Agreement
]

	
	
13

EXHIBIT
A

DETERMINATION OF
PERFORMANCE GOALS AND EARNED PRSU
s

[To be completed.]Exhibit 10.1

    

     

    

    
      SHARE EXCHANGE AGREEMENT

      

      

      This Share Exchange Agreement (the “Agreement”) dated February, 17, 2022 (the “Effective Date”),
        is between and among Artemis Therapeutics, Inc., a corporation organized under the laws of the State of Delaware, having an office for the transaction of business at 8 East 16th Street, Suite 307, New York, NY 10003 (“Purchaser”), MANUKA Ltd., a limited liability company organized under the laws of the State of Israel, having an office for the transaction of business at 19 Haim Barlev Street, Ramat Gan, 5265368, Israel (“MANUKA” or “Company”), and the shareholders of MANUKA listed on the signature page and Exhibit A attached hereto, constituting all of the security holders of MANUKA (collectively, the
        “Shareholders” and individually a “Shareholder”), each having an address set forth on Exhibit A hereto.

      

      

      WHEREAS, MANUKA is a private company organized under the laws of the State of Israel, and is operating in the field of selling and
        marketing of manuka honey and cosmetic products that include manuka honey;

      

      

      WHEREAS, the Shareholders own all of the issued and outstanding Ordinary Shares (as hereinafter defined) of MANUKA, immediately prior to
        the Closing (as defined below);

      

      

      WHEREAS, Purchaser, is a company incorporated under the laws of the State of Delaware;

      

      

      WHEREAS, subject to and in accordance with the terms herein, including the consummation of all Closing Conditions set forth under Section
        7, the Parties desire to carry out the transactions contemplated hereunder, according to which, subject to the following being an exempt transaction pursuant to Section 103K of the Israeli Tax Ordinance, the Shareholders shall transfer all of the
        Ordinary Shares held by them to Purchaser, in consideration of such number of Purchaser's Offered Shares (as defined below) issued to the Shareholders at the Closing, in such number determined on the basis of the mechanics prescribed hereunder,
        thus resulting in MANUKA becoming a wholly-owned subsidiary of Purchaser, immediately following the Closing (collectively: the “Transaction”),

      

      

      WHEREAS, the Board of Directors of MANUKA has determined that this Agreement, the Transaction, and the other transactions contemplated by
        this Agreement are fair to, and in the best interests of, MANUKA and the Shareholders;

      

      

      WHEREAS, the board of directors of Purchaser has determined that the Transaction and the other transactions herein contemplated and this
        Agreement is fair to and in the best interests of Purchaser and to its respective shareholders, and has approved this Agreement in accordance with the provisions of applicable Law and approved the Transactions contemplated by this Agreement;

      

      

      WHEREAS, the Parties intend that the Transaction shall qualify as one transaction which is a tax-free “reorganization” within the meaning
        of Section 368(a) of the Code, or such other tax free reorganization or restructuring provisions as may be available under the Code, including Section 351; and also an exempt transaction pursuant to Section 103K of the Israeli Tax Ordinance and
        subject to the ITA approval under the Tax Ruling.

      

      

      
        
          

      

      NOW, THEREFORE, in consideration of the foregoing, and the mutual terms, covenants and conditions herein below set forth, the Parties
        agree, as follows:

      

      

      	

            	1.	
              DEFINITIONS AND INTERPRETATION.

            

      

      

      	

            	1.1.	
              In this Agreement:

            

      

      

       “Action” means any claim, action, cause of action, demand, lawsuit, arbitration, audit, notice of violation, proceeding, litigation,
        citation, summons, subpoena or investigation of any nature, civil, criminal, administrative, regulatory or otherwise, whether at law or in equity;

      

      

      “Affiliate” means, with respect to any Person, any other Person that, directly or indirectly, through one or more intermediaries,
        controls, or is controlled by, or is under common control with, such Person, and the term “control” (including the terms “controlled by” and “under common control with”) means the possession, directly or indirectly, of the power to direct or cause
        the direction of the management and policies of such Person, whether through ownership of voting securities, by Contract or otherwise;

      

      

      “Purchaser’s Common Stock” means the common stock, $0.01 par value per share, of the Purchaser;

      

      

      “Business Day” means any day except Saturday, Sunday or any other day on which commercial banks located in the United States. are
        authorized or required by Law to be closed for business;

      

      

      “Closing” means the closing of all Transactions contemplated under this Agreement, including without limitations, the transfer of the
        Transferred Shares in accordance with the terms and the issuance of the Offered Shares; all, subject to the conditions of this Agreement;

      

      

      “Closing Certificate” means the respective Closing Certificate of the corresponding Party under Section 7 hereto.

      

      

      “Closing Date” means the first Business Day following the satisfaction of the closing conditions described in Section 7 herein or as
        otherwise specified as conditions precedent under this Agreement, or such other date as the Parties shall mutually agree upon in writing;

      

      

      “Code” means the Internal Revenue Code of 1986, as amended;

      

      

      “Contracts” means all written contracts, leases, deeds, mortgages, licenses, instruments, notes, commitments, undertakings, indentures,
        joint ventures;

      

      

       “Drop Dead Date” means three (3) months of the Effective Date

      

      

      
        
          

      

      “Exchange Act” means the Securities Exchange Act of 1934, as amended.

      

      

      “Free and Clear” means, as applicable: free and clear of any pre-emptive or similar right of or for any third party, and from any
        mortgage, lien, and/or any other encumbrances.

      

      

      “Fully Diluted” means the issued and outstanding share capital of the Purchaser or MANUKA, as the case may be, assuming the conversion of
        all options, warrants and/or any other convertibles into the securities of the respective Party, and including all obligations to grant any equity interest in the Purchaser or MANUKA (as applicable).

      

      

      “Governmental Entity” means any applicable Israeli or United States federal, state, local or foreign government or political subdivision
        thereof, or any agency or instrumentality of such government or political subdivision, or any self-regulated organization or other non-governmental regulatory authority or quasi-governmental authority (to the extent that the rules, regulations or
        orders of such organization or authority have the force of Law), or any arbitrator, court or tribunal of competent jurisdiction;

      

      

      “Governmental Order” means any order, injunction, judgment, decree, ruling, writ, assessment or arbitration award of a Governmental
        Entity;

      

      

      “Income Tax” means any federal, state, local, or foreign income tax, including any interest, penalty, or addition thereto, whether
        disputed or not;

      

      

      “Income Tax Return” means any return, declaration, report, claim for refund, or information return or statement relating to any Income
        Tax, including any schedule or attachment thereto, and including any amendment thereof;

      

      

      “Intellectual Property Rights” means the entire right, title and interest in and to all proprietary rights of every kind and nature
        however denominated, throughout the world, including: (i) patents, whether in the form of utility patents or design patents and all pending applications, provisional or otherwise, for such patents; (ii) trademarks, trade names, domain names,
        service marks, designs, logos, trade dress, and trade styles, whether or not registered, and all pending applications for registration of the same; (iii) copyrights, whether or not registered, and all pending applications for registration of the
        same; (iv) inventions, research records, trade secrets, confidential information, know-how, domain names, mask works, product designs, engineering specifications and drawings, technical information, formulae, customer lists, supplier lists and
        market analysis; and (v) formulae, processes, developments, results, processes and other applicable know-how;

      

      

      “Intellectual Property Agreements” means Contracts (including any right to receive or obligation to pay royalties or any other
        consideration), (A) pursuant to which a third party has licensed or granted any right to MANUKA in any Intellectual Property Right to which MANUKA is a party, beneficiary or otherwise bound, excluding (i) licenses for commercial off the shelf
        computer software that are generally available on nondiscriminatory pricing terms and other licenses that are generally available to any requesting party on standard terms with nondiscriminatory pricing (“Off the
          shelf software”), (ii) non-disclosure Contracts entered into in the ordinary course of business consistent with past practice, and (iii) employment agreement entered into in the ordinary course of business consistent with past practice;
        and (B) pursuant to which MANUKA has granted or provided any third party any rights or licenses to any Intellectual Property assets (including rights to use, distribute or resell any Intellectual Property assets) or has agreed to or is required to
        provide or perform any services related to any Intellectual Property assets, excluding (i) non-disclosure or evaluation Contracts entered into in the ordinary course of business consistent with past practice, and (ii) Contracts for the sale,
        license, support or service of Intellectual Property assets in the ordinary course of business consistent with past practice pursuant to its standard customer Contract;

      

      

      
        
          

      

      “Law” means any Israeli and/or U.S. statute, law, ordinance, regulation, rule, code, or executive order;

      

      

      “Liability” or “Liabilities” mean any and all monetary debts, liabilities, commitments and
        obligations, whether fixed, contingent or absolute, matured or unmatured, liquidated or unliquidated, accrued or not accrued, known or unknown, whenever or however arising (including whether arising out of any contract or tort based on negligence
        or strict liability);

      

      

      “Lien” means any right which (a) shall entitle any Person to terminate, amend, accelerate or cancel any agreement, option, license or
        other instrument to which the Purchaser, MANUKA or any Shareholder is a party by reason of the occurrence of (i) a violation, breach or default thereunder by the Purchaser, MANUKA or any Shareholder, as the case may be; or (ii) an event which with
        or without notice or lapse of time or both would become a default thereunder; or (b) if exercised by the holder thereof, will (i) entitle such Person to accelerate the performance of any obligations or the payment of any sums owed by the Purchaser,
        MANUKA, or any Shareholder, as the case may be, under any agreement, option, license or other instrument, or (ii) result in any loss of any benefit under, or the creation of any pledges, claims, equities, options, liens, charges, call rights,
        rights of first refusal, “tag” or “drag” along rights, encumbrances and security interests of any kind or nature whatsoever on any of the property or assets of the Purchaser, MANUKA, or any Shareholder;

      

      

      “MANUKA Assets” means the intangible assets of MANUKA as of the Closing, including its Intellectual Property Rights;

      

      

      “MANUKA Balance Sheet Date” means balance sheet dated December 31, 2020;

      

      

      “MANUKA Financial Statements” shall mean audited financial statements of MANUKA for the fiscal
        year ended December 31, 2020 prepared in accordance with U.S. GAAP and audited by a reputable PCAOB Auditing Firm, and interim financial statements for the period ended September 30, 2021 reviewed by a reputable PCAOB Auditing Firm;

      

      

      “MANUKA Special Representations” shall mean the representations and warranties of MANUKA set
        forth in Section 3.1 (Organization and Good Standing), Section 3.2 (Authority and Enforcement), Section 3.3 (Share Capital and
          Ownership of Ordinary Shares), Section 3.10 (Intellectual Property) and Section 3.15 (Taxes);

      

      

      
        
          

      

      “Material Adverse Effect” means any continued and remedied effect or change that is materially adverse to the business, assets, condition
        (financial or otherwise), operating results, or operations of Purchaser, MANUKA or any Shareholder, as the case may be, taken as a whole, or on the ability of any Party to consummate timely the transactions contemplated hereby.

       

      

       “Offered Shares” as defined under Section 2.1 herein.

      

      

      “Ordinance” means the Israeli Income Tax Ordinance, 1961, as amended, and the rules and regulations promulgated thereunder;

      

      

      “Ordinary Shares” means ordinary shares of MANUKA with par value NIS 0.01 each;

      

      

      “Parties” means collectively, the Purchaser, MANUKA and the Shareholders;

      

      

      “Party” means the Purchaser, MANUKA or any Shareholder, individually;

      

      

      “PCAOB Auditing Firm” means an accounting firm registered with the Public Company Accounting Oversight Board.

      

      

       “Person” means a natural person, company, corporation, partnership, association, trust or organization;

      

      

      “Purchaser Special Representations” shall mean the representations and warranties of Purchaser set

        forth in Section 3.1 (Organization and Good Standing), Section 3.2 (Authority and Enforcement), Section 5.3 (No Conflicts or Defaults), Section 5.4 (Consents and
        Approvals), Section 3.3 (Share Capital and Interested Parties' Transactions), Section 5.6 (Actions Pending),  and Section 5.7 (Listing

          on the Trading Market and Compliance with Securities Laws) and 5.8 (Liabilities, Debts and Obligations);

      

      

      “Representative” means, with respect to any Person, any and all directors, officers, shareholders, members, managers, employees,
        consultants, financial advisors, counsel, accountants and other agents of such Person;

      

      

      “Securities Act” means the Securities Act of 1933, as amended.

      

      

      “SEC” means the U.S. Securities and Exchange Commission.

      

      

      “SEC Reports” means the reports, schedules, forms, statements and other documents required to be filed by the Purchaser under the
        Securities Act and the Exchange Act, and the regulations promulgated thereunder, each as amended, including pursuant to Section 13(a) or 15(d) thereof, for the two years preceding the date hereof (or such shorter period as the Purchaser was
        required by law or regulation to file such material).

      

      

      
        
          

      

      “Tax” or “Taxes” means any Israel and/or US federal, state, local, or foreign income, gross
        receipts, license, payroll, employment, excise, severance, stamp, occupation, premium, windfall profits, environmental, customs duties, capital stock, franchise, profits, withholding, social security (or similar), unemployment, disability, real
        property, personal property, sales, use, transfer, registration, value added, alternative or add-on minimum, estimated, or other tax of any kind whatsoever, including any interest, penalty, or addition thereto, whether disputed or not;

      

      

      “Taxation Authority” means any Israeli or US federal, state, local or foreign governmental agency, department or other entity which is
        authorized by applicable Law to assess and collect Taxes;

      

      

      “Tax Return” means any return, declaration, report, claim for refund, or information return or statement relating to Taxes, including any
        schedule or attachment thereto, and including any amendment thereof;

      

      

      “Trading Day” means a day on which OTC is open for trading

      

      

      “Transaction Documents” means this Agreement, the MANUKA Disclosure Schedules (as defined below), the Purchaser Disclosure Schedules (as
        defined below) and the other agreements, instruments and documents required to be delivered at the Closing; and,

      

      

      “Transferred Shares” means such number of MANUKA’s Ordinary Shares, as held by the Shareholders, reflecting at the time of the Closing,
        all of the issued and outstanding share capital of MANUKA on a Fully Diluted basis.

      

      

      	

            	1.2.	
              Interpretation.

            

      

      

      1.2.1.          As used in this Agreement, unless the context clearly indicates otherwise:

      

      

      (a)          words used in the singular include the plural and words in the plural include the singular;

      

      

      (b)          reference to any Person includes such person's successors and assigns, but only if such successors and assigns are permitted by this Agreement, and reference to a
        Person in a particular capacity excludes such Person in any other capacity;

      

      

      (c)          reference to any gender includes the other gender;

      

      

      
        
          

      

      (d)          whenever the words “include,” “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the words “without limitation” or “but
        not limited to” or words of similar import;

      

      

      (e)          reference to any Section means such Section of this Agreement, and references in any Section or definition to any clause means such clause of such Section or
        definition;

      

      

      (f)          the words “herein,” “hereunder,” “hereof,” “hereto” and words of similar import shall be deemed references to this Agreement as a whole and not to any particular
        Section or other provision hereof;

      

      

      (g)          reference to any law (including statutes and ordinances) means such law (including all rules and regulations promulgated thereunder) as amended, modified, codified
        or reenacted, in whole or in part, and in effect at the time of determining compliance or applicability, and reference to any particular provision of any law shall be interpreted to include any revision of or successor to that provision regardless
        of how numbered or classified;

      

      

      (h)          relative to the determination of any period of time, “from” means “from and including,” “to” means “to but excluding” and “through” means “through and including”;

      

      

      (i)          the titles and headings of Sections contained in this Agreement have been inserted for convenience of reference only and shall not be deemed to be a part of or to
        affect the meaning or interpretation of this Agreement; and

      

      

      1.2.2.          This Agreement was negotiated by the Parties with the benefit of legal representation, and no rule of construction or interpretation otherwise requiring this
        Agreement to be construed or interpreted against any Party shall apply to any construction or interpretation hereof.  This Agreement shall be interpreted and construed to the maximum extent possible so as to uphold the enforceability of each of the
        terms and provisions hereof, it being understood and acknowledged that this Agreement was entered into by the Parties after substantial negotiations and with full awareness by the Parties of the terms and provisions hereof and the consequences
        thereof.

      

      

      1.3.          It is agreed that all the Schedules shall be attached hereto until the Closing Date.

      

      

      2.          THE TRANSACTION; CLOSING.

      

      

      2.1.          Transfer of Transferred Shares and issuance of Offered Shares. On the Closing Date, and subject to the Closing Conditions specified in Section 7
        herein, each share of the Company’s share capital issued outstanding immediately prior to the Closing shall be surrendered and transferred in return of such number of Purchaser’s Common Stock as set forth on Exhibit A (the “Offered Shares”), such that the Shareholders shall hold, immediately following the Closing eighty-nine percent (89%) of the Purchaser’s issued and outstanding share capital on a Fully Diluted basis at the Closing
        (the “Exchange Ratio”), which shall be issued to the respective Shareholders, pursuant to the consideration allocation certificate attached hereto as Schedule 2.1, on a pro rata basis. No additional
        consideration, other than as provided in this section, shall be delivered for the Transaction, by the Purchaser, or by any other person, whether directly or indirectly, in accordance with section 103 of the Ordinance.

      

      

      
        
          

      

      2.2.          Closing. The Closing shall take place on the Closing Date, subject to the satisfaction of all Closing Conditions described in Section 7, other than those
        conditions that by their nature are to be satisfied at the Closing (but subject to the fulfillment or waiver of those conditions (if permitted hereunder) at the Closing), or at such other place, and on such other date and/or time, as the Parties
        may agree in writing) at the offices of Sullivan & Worcester Tel-Aviv (Har-Even & Co.). All actions taken at the Closing shall be deemed to have been taken simultaneously at the time the last of any such actions is taken or completed.

      

      

      3.          REPRESENTATIONS AND WARRANTIES OF MANUKA.

      

      

      Except as otherwise set forth in the disclosure schedule, attached hereto as Schedule 3 (the “MANUKA Disclosure Schedules”),

        MANUKA hereby make the following representations and warranties to Purchaser as of the date hereof, which shall continue to be in force as of the Closing Date (subject to applicable bring-downs).  It being understood and hereby agreed that the
        information set forth in each section and subsection of the MANUKA Disclosure Schedules shall qualify (i) the representations or warranties made in the corresponding section or subsections of this Section 3, including by way
        of cross-reference, and (ii) any other representations and warranties set forth in this Section 3, if and to the extent that it is readily apparent on the face of such disclosure that it applies to such other representations
        and warranties.  The MANUKA Disclosure Schedules will be arranged in paragraphs corresponding to the lettered and numbered paragraphs contained in this Agreement.

      

      

      3.1.          Organization and Good Standing.  MANUKA is a corporation duly incorporated, validly existing and in good standing under the laws of the State of Israel, with
        full power and authority to conduct its business as presently conducted.  MANUKA is in good standing in each jurisdiction in which its properties are currently owned, leased or operated, or where its business is currently conducted that requires
        such qualification (if and to the extent that the laws of the jurisdiction of its formation recognize the concept of good standing), except where the failure to so qualify or in good standing would not have a Material Adverse Effect. Attached as Schedule

          3.1 of the MANUKA Disclosure Schedules are MANUKA’s Articles of Association and bylaws ("MANUKA’s  Organizational Documents").

      

      

      3.2.          Authority and Enforcement.  MANUKA has all requisite power and authority to execute and deliver this Agreement, and to consummate the transactions
        contemplated hereby.  MANUKA has taken all actions necessary for the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby, and this Agreement constitutes (or will constitute) the valid and binding
        obligation of MANUKA, enforceable against it in accordance with its terms, except as may be affected by bankruptcy, insolvency, moratoria or other similar laws affecting the enforcement of creditors’ rights generally and subject to the
        qualification that the availability of equitable remedies is subject to the discretion of the court before which any proceeding therefor may be brought.

      

      

      
        
          

      

      3.3.          Share Capital and Ownership of Ordinary Shares.  The Shareholders are the sole owners of all issued and outstanding Ordinary Shares in MANUKA in the amounts
        set forth on Exhibit A, which such shares represent all of the issued and outstanding Ordinary Shares of MANUKA.  MANUKA's authorized share capital is as specified in Schedule 3.3 of the MANUKA Disclosure Schedules. The issued and
        outstanding Ordinary Shares have been duly authorized, are duly and validly issued, fully paid, and non-assessable, and are free of any Lien, encumbrance or restrictions on transfer other than as set forth in Schedule 3.3 of the
        MANUKA Disclosure Schedules. There is no right in any of MANUKA's Ordinary Shares to third parties, including employees, directors, officers or service providers, and/or any bonds, loans, convertible loans, options or other liabilities of any kind,
        which gives the right to purchase Ordinary Shares of MANUKA.

      

      

      3.4.          Transferred Securities. All Transferred Shares transferred to Purchaser at the Closing, shall be on a “Free and Clear” basis.

      

      

      3.5.          No Conflicts or Defaults.  The execution and performance by MANUKA of this Agreement does not, and the consummation of the transactions contemplated hereby
        and compliance with the provisions of this Agreement will not (a) conflict with or violate the MANUKA's Organizational Documents, (b) conflict with or violate any Law applicable to MANUKA, or by which either MANUKA, or its properties or assets,
        including all of the MANUKA Assets, may be bound or affected, or (c) result in a violation or breach of or constitute a default under, any contract, agreement or arrangement, including without limitation, any Intellectual Property Agreement, to
        which MANUKA is a party, or the creation of Liens on any of the property, assets or Intellectual Property Rights of MANUKA, except in the case of each of the foregoing clauses, where such conflicts, breaches, defaults, violations, terminations or
        changes in rights or obligations would not have a Material Adverse Effect. No consent, approval, order or authorization of, or registration, declaration or filing with, any Governmental Entity, is required by MANUKA in connection with the execution
        of this Agreement or the consummation by it of the transactions contemplated hereby, except for consents from, or filings with, the Israel Companies Registrar, which will be made following the Closing, and such other consents, approvals, orders,
        authorizations, registrations, declarations or filings, the failure of which to obtain would not individually or in the aggregate have a Material Adverse Effect or would not prevent, materially alter or materially delay the consummation of the
        transactions contemplated by this Agreement.

      

      

      3.6.          Consents of Third Parties.  Except as set forth in Schedule 3.6 of the MANUKA Disclosure Schedules, the execution, delivery and performance
        of this Agreement and the consummation of the transactions contemplated hereby by MANUKA does not require the consent of any Person.

      

      

      3.7.          Actions Pending.  There is no action, suit, claim, investigation or proceeding pending or, to the knowledge of MANUKA, threatened against MANUKA, which
        questions the validity of this Agreement or the transactions contemplated hereby or any action taken pursuant hereto or thereto.  There is no action, suit, claim, investigation or proceeding pending or, to the knowledge of MANUKA, threatened
        against MANUKA.  There are no outstanding or pending Government Orders against MANUKA.

      

      

      
        
          

      

      3.8.          MANUKA Financial Statements. The MANUKA Financial Statements present fairly in all material respects the financial condition of MANUKA as of December 31,
        2020 and December 31, 2021 (it is clarified that the interim financial statements for the period ended September 30, 2021 have not been audited by the auditor of MANUKA), respectively, and are attached in Schedule 3.8. To the knowledge of
        the MANUKA, since December 31, 2020 and December 31, 2021, no fact or condition exists that has not been disclosed to Purchaser that has had or could reasonably be expected to have a Material Adverse Effect to MANUKA.

      

      

      3.9.          No Other Actions.  Since the MANUKA Balance Sheet Date, other than as prescribed in the MANUKA Disclosure Schedules, MANUKA has (i) operated its business and
        conducted its affairs only in the usual and ordinary course consistent with past practices, (ii) did not make any distributions or paid any dividends to any Shareholder or made bonus payments to the MANUKA employees other than in the ordinary
        course of MANUKA’s businesses or consistent with past practices; or (iii) not increased any MANUKA's employees or consultants compensation, other than a regularly scheduled increase or in the ordinary course of MANUKA’s business.

      

      

      3.10.          Intellectual Property.

      

      

      (a)          MANUKA owns or has the right to use all MANUKA Assets and all Intellectual Property Rights therein for all purposes necessary or useful to MANUKA’s business as
        presently conducted and for the purpose of launching MANUKA’s products line. None of the MANUKA Assets nor the Intellectual Property Rights therein is owned by any other Person.  MANUKA exclusively owns all MANUKA Assets, including all Company
        Intellectual Property Rights that are owned or purported to be owned by MANUKA free and clear of all Liens.

      

      

      (b)          Schedule 3.10(b)0 of the MANUKA Disclosure Schedules contains a list of all MANUKA Assets and Intellectual Property Rights. Except as disclosed by Schedule

          3.10(b) of the MANUKA Disclosure Schedules: (A) MANUKA has used commercially reasonable efforts to maintain and protect all MANUKA Assets with appropriate proprietary notices, confidentiality and non-disclosure agreements and such other
        measures as are reasonably necessary to protect the Intellectual Property Rights contained therein or relating thereto, and none of the source code of any Proprietary Software has been published, disclosed or delivered to any Person by the Company
        (other than those subcontractors listed on Section 3.15(a)(ii) of the Disclosure Schedule) or by any employee, consultant, contractor or agent of the Company; (B) no licenses or rights (including contingent rights) have been granted by MANUKA, or
        any of its Affiliates, to any Person to access, use or distribute any MANUKA Assets; (C) MANUKA has complete and exclusive right, title and interest in and to all MANUKA Assets; (D) MANUKA has developed the MANUKA Assets through its own efforts and
        for its own account without the aid or use of any consultants, agents, independent contractors or Persons who may claim ownership interests in the MANUKA Assets or any portion thereof; and (F) there are no Contracts in effect with respect to the
        marketing, distribution or licensing of the MANUKA Assets by any other Person.

      

      

      
        
          

      

      (c)          Schedule 3.10(c) of the MANUKA Disclosure Schedules lists all Intellectual Property Agreements to which MANUKA is a party. Each Intellectual Property
        Agreement is valid and binding on MANUKA in accordance with its terms and is in full force and effect, except as such validity may be limited by bankruptcy, insolvency, reorganization, moratorium and similar laws affecting creditors’ rights
        generally and by general equitable principles. MANUKA is not in breach of or default under (or is alleged to be in breach of or default under) in any material respect, or has provided or received any notice of breach or default of or any intention
        to terminate, any Intellectual Property Agreement.  No event or circumstance has occurred that, with notice or lapse of time or both, would constitute a material default by MANUKA under any Intellectual Property Agreement or result in a termination
        thereof or would cause or permit the acceleration or other changes of any material right or obligation or the loss of any material benefit thereunder.

      

      

      (d)          Schedule 3.10(d) of the MANUKA Disclosure Schedules identifies all patents, patent applications, registered trademarks and registered
        copyrights, outstanding applications for trademark and copyright registrations, domain names, registered design rights and other forms of registered Intellectual Property Rights and applications therefor owned by or exclusively licensed to MANUKA
        (collectively, the “Company Registrations”).  All current Company Registrations have been duly maintained (including the payment of fees) and have not expired, cancelled or abandoned.  Schedule 3.10(d) of the MANUKA
        Disclosure Schedules also identifies each trade name, each unregistered trademark, service mark, or trade dress owned or exclusively licensed by MANUKA that, in each case, is material to the business of MANUKA.

      

      

      (e)          There are no Actions (including any oppositions, interferences or re-examinations) settled, pending or, to the knowledge of MANUKA, threatened (including in the
        form of offers to obtain a license): (i) alleging any infringement, misappropriation, dilution or violation of the Intellectual Property of any Person by MANUKA in connection with its business; (ii) challenging the validity, enforceability,
        register ability or ownership of any Intellectual Property of MANUKA or MANUKA's rights with respect to any Intellectual Property; or (iii) by MANUKA or, to the knowledge of MANUKA, any other Person alleging any infringement, misappropriation,
        dilution or violation by any Person of any Intellectual Property of MANUKA. MANUKA is not subject to any outstanding or prospective Governmental Order (including any motion or petition therefor) that does or would restrict or impair the use of any
        Intellectual Property of MANUKA.

      

      

      (f)          Except as set forth in Schedule 3.10(f) of the MANUKA Disclosure Schedule, MANUKA has maintained commercially reasonable practices designed to ensure the protection
        of the confidentiality of the MANUKA’s confidential information and trade secrets and has required any employee, consultant or third party with access, or to whom it has disclosed its confidential information, to execute contracts requiring them to
        maintain the confidentiality of such information and use such information only in accordance with such contracts.  All employees and consultants of MANUKA who (i) in the normal course of their duties are involved in the development of any
        Intellectual Property Rights that are incorporated in any MANUKA Assets or (ii) have in fact created Intellectual Property Rights that is incorporated in any MANUKA Assets, have executed contracts that irrevocably assign to MANUKA on a worldwide
        royalty-free basis all of such Persons’ respective rights, including Intellectual Property Rights relating to such MANUKA Assets.  No employee or consultant is in violation of any term of any such agreement, including any patent disclosure
        agreement or other employment contract or any other contract or agreement relating to the relationship of any such employee or consultant with MANUKA.  Except as set forth in Schedule 3.10(f) of the MANUKA Disclosure Schedule, all authors of any
        works of authorship in MANUKA Assets have waived their moral rights and have agreed to a covenant not to assert their moral rights.

      

      

      
        
          

      

      3.11.          Books and Records.  The books, records and documents of MANUKA accurately reflect in all material respects all meetings of directors and shareholders or
        actions by written consent of directors and shareholders, since the time of incorporation of MANUKA, through the date of this Agreement, and reflect all transactions referred to in such minutes accurately in all material respects.

      

      

      3.12.          Contracts.  Schedule 3.12 of the MANUKA Disclosure Schedules identifies all material Contracts to which MANUKA is a party.

      

      

      3.13.          Compliance with Laws.  Other than as set forth under Schedule 3.13 of the MANUKA Disclosure Schedules, MANUKA currently has all permits which are
        required for the operation of its business, other than those the failure of which to possess would not have a Material Adverse Effect on MANUKA.

      

      

      3.14.          Employees.  Except as set forth on Schedule 3.14(a) of the MANUKA Disclosure Schedules, MANUKA does not have any “employee benefit
        plans” including, but not limited to, bonus, pension, profit sharing, deferred compensation, incentive compensation, excess benefit, stock, stock option, severance, termination pay, change in control or other employee benefit plans, programs or
        arrangements, whether written or unwritten, qualified or unqualified, funded or unfunded, currently maintained, or contributed to, or required to be maintained or contributed to, by MANUKA, other than the offer letters, consulting agreements,
        employment contracts, medical, dental, vision, disability, life insurance and or vacation benefits.  Except as set forth in Schedule 3.14(b) of the MANUKA Disclosure Schedules, MANUKA is not liable for any unpaid wages,
        bonuses, or commissions (other than those not yet due) or any Tax, penalty, assessment, or forfeiture for failure to timely pay any of the foregoing.

      

      

      3.15.          Taxes. Except as set forth on Schedule 3.15 of the MANUKA Disclosure Schedules, all material Income Tax Returns of MANUKA required to be
        filed with respect to its business have been timely filed (taking into account valid extensions), all such Income Tax Returns are complete and correct in all material respects, and MANUKA has paid on a timely basis all Income Taxes that were due
        and payable as reflected on such Income Tax Returns.  MANUKA has not waived any statute of limitations in respect of Income Taxes in connection with its business or agreed to any extension of time with respect to an Income Tax assessment or
        deficiency in connection with its business.

      

      

      
        
          

      

      3.16.          No Finder’s Fee. MANUKA has not created any obligation for any finder’s, investment banker’s or broker’s fee in connection with the transactions
        contemplated by the Transaction Documents.

      

      

      3.17.          Actions Pending.  There is no action, suit, claim, investigation or proceeding pending or, to the knowledge of MANUKA, threatened against MANUKA, which
        questions the validity of this Agreement or the transactions contemplated hereby or any action taken pursuant hereto or thereto.  There is no action, suit, claim, investigation or proceeding pending or, to the knowledge of MANUKA, threatened
        against MANUKA.  To the knowledge of MANUKA, there are no outstanding or pending Government Orders against MANUKA.

      

      

      3.18.          Disclosure.  The representations, warranties and acknowledgments of MANUKA set forth herein are true, complete and accurate in all material respects and do
        not omit any fact necessary to make such representations, warranties and acknowledgments not misleading.

      

      

      4.          REPRESENTATIONS AND WARRANTIES OF THE SHAREHOLDERS.

      

      

      Each Shareholder hereby severally and not jointly warrants and represents to Purchaser with respect to himself, as of the date of this Agreement, as follows:

      

      

      4.1.          Power and Authority. The execution and delivery of this Agreement and each instrument required hereby to be executed and delivered by the Shareholder prior
        to or at the Closing, the performance of the Shareholder’s obligations hereunder and thereunder and the consummation by the Shareholder of the transactions contemplated hereby have been duly and validly authorized by all necessary action on the
        part of the Shareholder, and no other proceedings on the part of the Shareholder is necessary to authorize this Agreement or to consummate the transactions contemplated hereby. This Agreement has been duly and validly executed by the Shareholder,
        and, assuming this Agreement has been duly executed by MANUKA, the other Shareholders and the Purchaser, this Agreement constitutes a valid and binding agreement of the Shareholder, enforceable against the Shareholder in accordance with its terms,
        subject to bankruptcy, insolvency, fraudulent transfer, and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles.

      

      

      4.2.          Ownership of Ordinary Shares.  The Shareholder is the sole record owner of the number of Ordinary Shares set forth opposite his name on Exhibit A
        hereto, which Ordinary Shares are owned free and clear of all Liens, and have not been sold, pledged, assigned or otherwise transferred except pursuant to this Agreement.  There are no outstanding subscriptions, rights, options, warrants or other
        agreements obligating the Shareholder to sell or transfer to any third person any of the Ordinary Shares owned by the Shareholder, or any interest therein (except pursuant to this Agreement).  The Shareholder has the full power and authority to
        exchange, transfer and deliver the Ordinary Shares owned by them to the Purchaser.

      

      

      4.3.          Consents and Approvals. The execution and performance of this Agreement does not, and the consummation of the transactions contemplated hereby and compliance
        with the provisions of this Agreement will not, conflict with or violate any Law applicable to the Shareholder, by which the Shareholder or his respective Transferred Shares be bound or affected, No consent, approval, order or authorization of, or
        registration, declaration or filing with, any Governmental Entity, is required by the Shareholder in connection with the execution of this Agreement by the Shareholder or the consummation by him of the transactions contemplated hereby, except for
        consents or filings MANUKA is required to make with the Israel Companies Registrar.

      

      

      
        
          

      

      4.4.          Non-Registration. The Shareholder understands that the Offered Shares have not been registered under the Securities Act and, if issued in accordance with the
        provisions of this Agreement, will be issued by reason of a specific exemption from the registration provisions of the Securities Act which depends upon, among other things, the bona fide nature of the investment intent and the accuracy of the
        Shareholder’s representations as expressed herein. Other than as stated in the Transaction Documents, the Shareholder understands that it has no right to cause or otherwise request that the Offered Shares be registered for resale under the United
        States or individual state securities laws, and may have to hold the Offered Shares for an indefinite period.

      

      

      Restricted Securities

      

      

      4.5.          The Shareholder understands that the Offered Shares that it will acquire is characterized as “restricted securities” under the Securities Act inasmuch as this
        Agreement contemplates that, if acquired by the Shareholder pursuant hereto, the Offered Shares would be acquired in a transaction not involving a public offering. The issuance of the Offered Shares hereunder is being effected in reliance upon an
        exemption from registration afforded under Section 4(a)(2) of the Securities Act for transactions by an issuer not involving a public offering, and, in reliance on Regulation S of the SEC, as may be applicable. The Shareholder further acknowledges
        that if the Offered Shares are issued to the Shareholder in accordance with the provisions of this Agreement, such Offered Shares may not be resold without registration under the Securities Act or the existence of an exemption therefrom. The
        Shareholders represents that it is familiar with Rule 144 under the Securities Act (“Rule 144”) promulgated under the Securities Act, as presently in effect,

      

      

      4.6.          No offer to enter into this Agreement has been made by the Purchaser to the Shareholder in the United States. Neither the Shareholder nor any of its respective
        affiliates or any persons acting on its behalf or on behalf of any affiliate, has engaged or will engage in any activity undertaken for the purpose of, or that reasonably could be expected to have the effect of, conditioning the markets in the
        United States for the Offered Shares, including, but not limited to, effecting any sale or short sale of securities, prior to the expiration of any restricted period contained in Regulation S promulgated under the Securities Act (any such activity
        being defined herein as a “Directed Selling Effort”). To the best knowledge of the Shareholder, this Agreement and the transactions contemplated herein are not part of a plan or scheme to evade the
        registration provisions of the Securities Act, and the Offered Shares are being acquired for investment purposes by the Shareholder. The Shareholder agrees that all offers and sales of the Offered Shares from the date hereof and through the
        expiration of any restricted period set forth in Rule 903 of Regulation S (as the same may be amended from time to time hereafter) shall not be made to U.S. Persons (within the meaning of Regulation S) or for the account or benefit of U.S. Persons
        and shall otherwise be made in compliance with the provisions of Regulation S and any other applicable provisions of the Securities Act. Neither the Shareholder or any of its representatives has conducted any Directed Selling Effort as that term is
        used and defined in Rule 902 of Regulation S and neither of them nor any of their respective representatives will engage in any such Directed Selling Effort within the United States through the expiration of any restricted period set forth in Rule
        903 of Regulation S.

      

      

      
        
          

      

      4.7.          Each Shareholder acknowledges that it has such knowledge and experience in financial or business matters that it is capable of evaluating and understanding the
        merits and risks of the Purchaser’s Common Stock issuable hereunder. Each Shareholder understands that there is no assurance of any economic benefit which may arise in favor of Shareholder, and each Shareholder further acknowledges that it may
        incur material financial losses in entering into the transactions contemplated hereunder. Such Shareholder is able to bear the economic risk of an investment in the Purchaser’s Common Stock and, at the present time, is able to afford a complete
        loss of such investment. Such Shareholder acknowledges that as of the date hereof, the Purchaser has limited financial resources, and thus an investment in the Purchaser’s Common Stock is subject to significant risk.

      

      

      4.8.          Each Shareholder is either (i) an accredited investor as defined in Rule 501(a) of Regulation D promulgated under the Act, or (ii) a Non U.S. Person as defined
        under Regulation S promulgated under the Securities Act. To the extent that a Shareholder is a non U.S. Person, such Shareholder (x) is not receiving the Purchaser’s Common Stock for the account or benefit of any U.S. Person, (y) is not, at the
        time of execution of this Agreement, and will not be, at the time of the issuance of the Purchaser’s Common Stock, in the United States  and (z) is not a “distributor” (as defined in Regulation S promulgated under the Securities Act).

      

      

      4.9.          Such Shareholder acknowledges that it has had the opportunity to review the ancillary agreements relating to this Agreement (including all exhibits and schedules
        thereto) and has been afforded (i) the opportunity to ask such questions as it has deemed necessary of, and to receive answers from, representatives of the Purchaser any concerning the terms and conditions of the offering of the Purchaser’s Common
        Stock and the merits and risks of investing in the Purchaser’s Common Stock; (ii) access to information about the Purchaser and its financial condition, results of operations, business, properties, management and prospects sufficient to enable it
        to evaluate its investment; and (iii) the opportunity to obtain such additional information that the Purchaser possesses or can acquire without unreasonable effort or expense that is necessary to make an informed investment decision with respect to
        the investment.

      

      

      4.10.          Shareholder understands and acknowledges that Purchaser’s Common Stock or any part hereof may only be disposed of in compliance with state and federal securities
        laws.  In connection with any transfer of Purchaser’s Common Stock, other than pursuant to an effective registration statement or Rule 144, to an affiliate (as such term is defined in Rule 144) of such Shareholder or in connection with a pledge,
        the Purchaser may require the transferor thereof to provide to the Purchaser an opinion of counsel to such Shareholder, to the effect that such transfer does not require registration of such transferred Purchaser’s Common Stock under the Securities
        Act.

      

      

      
        
          

      

      4.11.          Each Shareholder agrees to the imprinting, so long as is required, of a legend on any of the Purchaser’s Common Stock in
        the following form:

       

      “THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT, OR ANY STATE SECURITIES LAWS AND MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF
        UNLESS REGISTERED UNDER THE SECURITIES ACT AND UNDER APPLICABLE STATE SECURITIES LAWS OR THE COMPANY SHALL HAVE RECEIVED AN OPINION OF COUNSEL THAT REGISTRATION OF SUCH SECURITIES UNDER THE SECURITIES ACT AND UNDER THE PROVISIONS OF APPLICABLE
        STATE SECURITIES LAWS IS NOT REQUIRED.”

       

      4.12.          Each certificate representing the Purchaser’s Common Stock, if offered in reliance upon Regulation S, shall be stamped or otherwise imprinted with a legend
        substantially in the following form (in addition to any legend required by applicable state securities or “blue sky” laws):

       

      “THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES LAWS AND NEITHER SUCH
        SECURITIES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED OR OTHERWISE TRANSFERRED EXCEPT (1) IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S PROMULGATED UNDER THE SECURITIES ACT, AND BASED ON AN OPINION OF COUNSEL, WHICH
        COUNSEL AND OPINION ARE REASONABLY SATISFACTORY TO THE COMPANY, THAT THE PROVISIONS OF REGULATION S HAVE BEEN SATISFIED, (2) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR (3)
        PURSUANT TO AN AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS, IN WHICH CASE THE HOLDER MUST, PRIOR TO SUCH TRANSFER, FURNISH TO THE COMPANY AN OPINION OF COUNSEL, WHICH COUNSEL AND
        OPINION ARE REASONABLY SATISFACTORY TO THE COMPANY, THAT SUCH SECURITIES MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED OR OTHERWISE TRANSFERRED IN THE MANNER CONTEMPLATED PURSUANT TO AN AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE
        SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS. HEDGING TRANSACTIONS INVOLVING THE SECURITIES REPRESENTED BY THIS CERTIFICATE MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE SECURITIES ACT.”

       

      4.13.          Shareholder understands and acknowledges that any misrepresentation of the foregoing shall result in Purchaser not being able to receive Purchaser’s Common Stock.

      

      

      
        
          

      

      4.14.          reserved.

      

      

      4.15.          No Finder’s Fee. No Shareholder has created any obligation for any finder’s, investment banker’s or broker’s fee in connection with the transactions
        contemplated by the Transaction Documents.

      

      

      4.16.          Disclosure.  The representations, warranties and acknowledgments of the Shareholder set forth herein are true, complete and accurate in all material
        respects and, to the knowledge of the Shareholder, do not omit any fact necessary to make such representations, warranties and acknowledgments of the Shareholder not misleading.

      

      

      5.          REPRESENTATIONS AND WARRANTIES OF PURCHASER

      

      

      Except as otherwise set forth in the disclosure schedule, attached hereto as Schedule 5 (the “Purchaser Disclosure Schedules”),
        Purchaser hereby make the following representations and warranties to MANUKA and to the Shareholders as of the date hereof, which shall continue to be in force as of the Closing Date (subject to applicable bring-downs).  It being understood and
        hereby agreed that the information set forth in each section and subsection of the disclosure schedule shall qualify (i) the representations or warranties made in the corresponding section or subsections of this Section 53,
        including by way of cross-reference, and (ii) any other representations and warranties set forth in this Section 5, if and to the extent that it is readily apparent on the face of such disclosure that it applies to such other
        representations and warranties.  The disclosure schedules will be arranged in paragraphs corresponding to the lettered and numbered paragraphs contained in this Agreement.

      

      

      5.1.          Organization and Good Standing. Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware,
        with full corporate power and authority to own, lease and operate its business and properties and to carry on its business in the places and in the manner as presently conducted or proposed to be conducted.  Purchaser is in good standing as a
        foreign entity in each jurisdiction in which the properties owned, leased or operated, or where the business is conducted by it requires such qualification, except where the failure to so qualify would not have a Material Adverse Effect on its
        business, taken as a whole, or consummation of the transactions contemplated hereby.

      

      

      5.2.          Authority and Enforcement.  Purchaser has all requisite corporate power and authority to execute and deliver this Agreement, and to consummate the
        transactions contemplated hereby.  Purchaser has taken all corporate action necessary for the execution and delivery of this Agreement and the consummation of the transactions contemplated hereby, and this Agreement constitutes the valid and
        binding obligation of Purchaser, enforceable against it in accordance with its terms, except as may be affected by bankruptcy, insolvency, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and subject to the
        qualification that the availability of equitable remedies is subject to the discretion of the court before which any proceeding therefor may be brought.

      

      

      
        
          

      

      5.3.          No Conflicts or Defaults.  The execution and delivery of this Agreement by Purchaser and the consummation of the transactions contemplated hereby do not and
        shall not (a) contravene its certificate of incorporation or bylaws, or (b) with or without the giving of notice or the passage of time (i) violate, conflict with, or result in a breach of, or a default or loss of rights under, any covenant,
        agreement, mortgage, indenture, lease, instrument, permit or license to which it is a party or by which it is bound, or any judgment, order or decree, or any Law, rule or regulation to which it is subject, (ii) result in the creation of, or give
        any Person the right to create, any Lien upon any assets or properties of Purchaser, (iii) terminate or give any Person the right to terminate, amend, abandon or refuse to perform, any material agreement, arrangement or commitment relating to which
        Purchaser is a Person, or (iv) result in a Material Adverse Effect.

      

      

      5.4.          Consents and Approvals. The execution and delivery of this Agreement by Purchaser does not, and the performance of this Agreement by of Purchaser will not,
        require any consent, approval, order, authorization, registration or permit of, or filing with or notification to, any Governmental Entity, except for such other consents, approvals, orders authorizations, registrations or permits, filings or
        notifications that if not obtained or made could not reasonably be expected, individually or in the aggregate, to prevent or materially delay the consummation of the transactions contemplated by this Agreement.

      

      

      5.5.          Share Capital and Interested Parties’ Transactions.  Purchaser’s authorized share capital is as specified in Schedule 5.5(a) of the Purchaser Disclosure
        Schedule.  Purchaser's issued and outstanding share capital on a Fully Diluted basis as of the Effective Date is as specified in Schedule 5.5(b). The members of the Purchaser’s board of directors immediately prior to Closing is as specified in
        Schedule 5.5(c) of the Purchaser Disclosure Schedule. The pro-forma capitalization table of the Purchaser at the Closing is attached as Schedule 5.5(d) of the Purchaser Disclosure Schedule.

      

      

      5.6.          Actions Pending.  There is no action, suit, claim, investigation or proceeding pending or, to the knowledge of Purchaser, threatened against it which
        questions the validity of this Agreement or the transactions contemplated hereby or any action taken or to be taken pursuant hereto or thereto.  There is no action, suit, claim, investigation or proceeding pending or, to the knowledge of Purchaser,
        threatened against or involving Purchaser or any of its respective properties or assets except as set forth in Schedule 5.6 of the Purchaser Disclosure Schedule. There are no outstanding orders, judgments, injunctions, awards or decrees of any
        court, arbitrator or Governmental Entity against Purchaser or affecting its assets.

      

      

      5.7.          Listing on the Trading Market and Compliance with Securities Laws. To the knowledge of Purchaser, the Purchaser has timely filed all SEC Reports. To
        Purchaser’s knowledge, as of the respective dates they were filed (except if amended, updated or superseded by a filing made by the Purchaser with the SEC prior to the date of this Agreement, then on the date of such filing), the SEC Reports
        complied in all material respects with the requirements of the Securities Act or the Exchange Act.

      

      

      5.8.          Liabilities, Debts and Obligations. Except as set forth in Schedule 5.65.8 of the Purchaser
        Disclosure Schedule, the Purchaser has no liabilities, debts or obligations, contingent (or based upon any contingency), fixed or otherwise, whether due or to become due that shall not have been paid or otherwise discharged prior to the Closing.
        The Purchaser is not a guarantor of any debt, liability or obligation of another, nor has the Purchaser given any indemnification, loan, security or otherwise agreed to become directly or contingently liable for any obligation of any person, and no
        person has given any guarantee of, or security for, any obligation of the Purchaser.

      

      

      
        
          

      

      5.9.          Disclosure.  The representations, warranties and acknowledgments of the Purchaser set forth herein are true, complete and accurate in all material respects
        and do not omit any fact necessary to make such representations, warranties and acknowledgments not misleading.

      

      

      6.          COVENANTS; ADDITIONAL AGREEMENTS; CONDUCT BETWEEN SIGNING AND CLOSING.

      

      

      6.1.          Conduct of Business Prior to the Closing. From the Effective Date until the Closing Date, or until the earlier termination of this Agreement, except as
        otherwise provided in this Agreement or consented to in writing by the Purchaser (which consent shall not be unreasonably withheld or delayed), MANUKA shall (i) operate its business and conduct its affairs only in the usual and ordinary course in
        substantially the same manner as heretofore conducted; and (ii) to the extent not inconsistent with such business, use reasonable commercial efforts to preserve substantially intact its business organization, maintain its rights and franchises,
        keep available the services of its officers and key employees and preserve its relationships with its customers and suppliers.  Except as specifically provided in this Agreement or otherwise consented to in writing by Purchaser (which consents
        shall not be unreasonably withheld) from the date of this Agreement until the Closing Date, or until the earlier termination of this Agreement, MANUKA shall not do any of the following: (a) make any distribution of dividends or any kind of profits;
        (b) change any of its operation areas; or (c) accept any liabilities, which are not in the usual and ordinary course in substantially the same manner as heretofore conducted. From the Effective Date until the Closing Date, or until the earlier
        termination of this Agreement, except as otherwise provided in this Agreement or consented to in writing by MANUKA (which consent shall not be unreasonably withheld or delayed), the Purchaser shall (i) operate its business and conduct its affairs
        only in the usual and ordinary course in substantially the same manner as heretofore conducted; and (ii) to the extent not inconsistent with such business, use reasonable commercial efforts to preserve substantially intact its business organization
        and maintain its rights.  Except as specifically provided in this Agreement or otherwise consented to in writing by MANUKA (which consents shall not be unreasonably withheld) from the date of this Agreement until the Closing Date, or until the
        earlier termination of this Agreement, the Purchaser shall not do any of the following: (a) make any distribution of dividends or any kind of profits; (b) change any of its operation areas; or (c) except as permitted in Section 5.5 of this
        Agreement, accept any liabilities, which are not in the usual and ordinary course in substantially the same manner as heretofore conducted.

      

      

      6.2.          No Solicitation of Other Bids. During the period from the date of this Agreement and continuing until the earlier of the termination of this Agreement or the
        Closing Date, no Shareholder shall transfer, sell, convey or otherwise allow the imposition of any Lien over such Shareholder’s respective shares of MANUKA.

      

      

      
        
          

      

      6.3.          Notice of Certain Events.

      

      

      (a)          From the date hereof until the Closing, MANUKA and the Shareholders shall promptly notify Purchaser in writing of:

      

      

      i.          MANUKA shall promptly notify Purchaser in writing of any fact, circumstance, event or action the existence, occurrence or taking of which (A) has had, individually
        or in the aggregate, a Material Adverse Effect, (B) has resulted in, any representation or warranty made by MANUKA hereunder not being true and correct in all material respects, or (C) has resulted in the failure of any of the conditions set forth
        in Section 6.1 to be satisfied. Each Shareholder shall promptly notify Purchaser in writing of any fact, circumstance, event or action the existence, occurrence or taking of which has resulted in, any representation or warranty made
        by such Shareholder hereunder not being true and correct in all material respects;

      

      

      ii.          MANUKA shall promptly notify Purchaser in writing of any notice or other communication from any Person alleging that the consent of such Person is or may be
        required in connection with the transactions contemplated by this Agreement;

      

      

      iii.          MANUKA shall promptly notify Purchaser in writing of any notice or other communication from any Governmental Entity in connection with the transactions
        contemplated by this Agreement; and

      

      

      iv.          MANUKA shall promptly notify Purchaser in writing of any Actions commenced or, to the knowledge of MANUKA, threatened against, relating to or involving or otherwise
        affecting MANUKA that, if pending on the date of this Agreement, would have been required to have been disclosed pursuant to Section 3 or that relates to the consummation of the transactions contemplated by this Agreement.

      

      

      (b)          Purchaser's receipt of information pursuant to this Section 6.3 shall not operate as a waiver or otherwise affect any representation, warranty or
        agreement given or made by MANUKA or the Shareholders in this Agreement and shall not be deemed to amend or supplement the MANUKA Disclosure Schedules.

      

      

      (c)          From the date hereof until the Closing, the Purchaser shall promptly notify MANUKA in writing of:

      

      

      i.           any fact, circumstance, event or action the existence, occurrence or taking of which (A) has had, individually or in the aggregate, a Material Adverse Effect,
        (B) has resulted in, any representation or warranty made by the Purchaser hereunder not being true and correct in all material respects, or (C) has resulted in the failure of any of the conditions set forth in Section 6.1 to be
        satisfied;

      

      

      ii.          any notice or other communication from any Person alleging that the consent of such Person is or may be required in connection with the transactions contemplated
        by this Agreement;

      

      

      
        
          

      

      iii.         any notice or other communication from any Governmental Entity in connection with the transactions contemplated by this Agreement; and

      

      

      iv.        any Actions commenced or, to the knowledge of the Purchaser, threatened against, relating to or involving or otherwise affecting the Purchaser that, if pending on
        the date of this Agreement, would have been required to have been disclosed pursuant to Section 5 or that relates to the consummation of the transactions contemplated by this Agreement.

      

      

      (d)          The receipt of information by either Party pursuant to this Section 6.3 shall not operate as a waiver or otherwise affect any representation, warranty or
        agreement given or made by the other Party in this Agreement and shall not be deemed to amend or supplement the MANUKA Disclosure Schedule or the Purchaser Disclosure Schedules.

      

      

      6.4.          Confidentiality. From and after the Effective Date, each of the Parties (in this section "receiving party" or "disclosing party", as applicable) shall, and shall cause its Affiliates to, hold, and shall use its or their reasonable efforts to cause its or their respective Representatives to hold, in confidence any and all
        information, whether written or oral, concerning the disclosing party, except to the extent that the receiving party can show that such information (a) is generally available to and known by the public through no fault of receiving party, any of
        its or their Affiliates or their respective Representatives; or (b) is lawfully acquired by receiving party, any of its or their Affiliates or their respective Representatives from and after the Closing from sources which are not prohibited from
        disclosing such information by a legal, contractual or fiduciary obligation. If receiving party or any of its or their Affiliates or their respective Representatives is compelled to disclose any information by judicial or administrative process or
        by other requirements of Law, then the receiving party shall promptly notify the disclosing party in writing and shall disclose only that portion of such information which the receiving party is advised by its counsel in writing is legally required
        to be disclosed, provided that receiving party shall use reasonable efforts to obtain an appropriate protective order or other reasonable assurance that confidential treatment will be accorded such
        information.

      

      

      6.5.          Closing Conditions. From the date hereof until the Closing, each Party hereto shall use reasonable best efforts to
        take such actions as are necessary to expeditiously satisfy the closing conditions set forth in Section 7 hereof.

      

      

      6.6.          Press Releases and Communications.  No press release or public announcement related to this Agreement or the transactions contemplated herein, shall be
        issued or made by any Party hereto without the prior approval of the Purchaser and MANUKA.  Neither MANUKA nor any Shareholder shall have any communications with any third party (other than its Representatives and third parties to obtain the
        consents and approvals required under this Agreement and applicable Law), regarding the subject matter of this Agreement or the transactions contemplated hereby, without the prior written consent of Purchaser and MANUKA. Notwithstanding anything to
        the contrary herein, each Shareholder shall be permitted to communicate with its professional advisors regarding the existence of this Agreement and all of its terms (including the name of Purchaser), provided in each case that such Persons shall
        have agreed in advance of such disclosure to be bound by confidentiality obligations no less restrictive than the terms of confidentiality to which the Shareholders are bound pursuant to this Agreement; and nothing in this Agreement shall be
        interpreted or construed to limit, or interfere in any way with, the right of MANUKA or its Representative to use or disclose any information, including confidential information, in a dispute with Purchaser in connection with this Agreement,
        including, without limitation, in connection with any claim in accordance with Section 9 below.

      

      

      
        
          

      

      6.7.          Tax Ruling. Manuka has prepared and filed, prior to the signing of this Agreement, with the Israel Tax Authority an application for a ruling permitting any
        Shareholder to defer any applicable Israeli Tax, if applied, with respect to his portion of Purchaser's Offered Shares received pursuant to this Agreement by such Shareholder or such other date set forth in Section 103K of the Ordinance and/or any
        other tax relief available under the Ordinance, if applicable (the “Tax Ruling”). Purchaser shall cooperate with MANUKA, the Shareholders and their Israeli counsel with respect to the preparation and filing
        of such application and in the preparation of any written or oral submissions that may be necessary, proper or advisable in order to obtain the Tax Ruling.

      

      

      6.8.          Board of Directors. At the Closing, the Purchaser’s board of directors shall be comprised of one (1) member, who at the Closing shall be Mr. Shimon Citron
        (the “Appointed Member”). At the Closing, Mr. Israel Alfassi shall provide Purchaser with a resignation letter in the form satisfactory to Purchaser.

      

      

      6.9.          Organizational Documents. No later than the Closing, Purchaser’s bylaws, in substantially the forms set forth in Schedule 6.9, and other charter
        documents shall have been amended by the Purchaser in order to reflect all transactions contemplated hereby and thereto.

      

      

      6.10.          Common Stock. Purchaser shall reserve such number of shares of Purchaser’s Common Stock to enable the grant of equity as further described under Schedule

          5.5.

      

      

      6.11.          Anti-Dilution Rights.

      

      

      (a)          The Parties agree that the ownership percentage in Purchaser immediately following the Closing, of Purchaser’s shareholders existing immediately
        prior to Closing, shall not be diluted by the first $500,000 of equity investments in Purchaser after the Closing Date.

      

      

      (b)          For a period of twelve (12) months after the Closing Date, Purchaser shall not issue any securities below a pre-money valuation of $7 million.

      

      

      6.12.          Payment of Existing Debt. MANUKA shall, no later than the Closing Date, pay off $85,000 of Purchaser’s existing debt as set forth in the list of expenses in
        Schedule 6.12 (the “Purchaser’s Existing Debt”). The existing shareholders of the Purchaser shall be responsible to pay off and extinguish the balance of Purchaser’s Existing Debt no later than the
        Closing Date. In the event that following the Closing Date the Purchaser shall be required to pay any debts and/or expenses (other than the payments that MANUKA is committed to pay as specified in Schedule 6.12)  that: (a) are specified in
        Schedule 6.12 (the "Outstanding Debts"); and/or (b) have accrued prior to the Closing Date and are not specified in Schedule 6.12 (the "Additional Debts"),

        then the Purchaser shall indemnify the Shareholders with respect to such Outstanding Debts (the "Outstanding Debts Indemnity") and/or Additional Debts (the "Additional Debts
          Indemnity") as specified in Section 9 below.

      

      

      
        
          

      

      6.13.          MANUKA Financial Statements. MANUKA shall deliver the MANUKA Financial Statements to Purchaser no later than the Closing Date.

      

      

      6.14.          Merger Costs. MANUKA shall be responsible for paying all costs and expenses associated with this Agreement and preapproved in writing by MANUKA, including
        without limitation, legal counsel’s and accountants’ and filing fees in connection with the preparation and filing by Purchaser of Form 8-K with the SEC and pre-ruling preparation and filing. Such payment of costs will not entitle MANUKA for any
        additional consideration under this Agreement, including any issuance of Purchaser’s equity.

      

      

      6.15.          Reporting Company; Timely Filings. As of the Effective Date until the Closing Date, Purchaser shall remain a reporting company under the Exchange Act, cause
        its Common Stock to continue to be registered under Section 12(g) of the Exchange Act, and make all SEC filings required under the Exchange Act in a timely manner.

      

      

      6.16.          Registration Rights. Within 90 days from the Closing, Purchaser shall file a resale registration statement on Form S-1 (the “Registration Statement”) to register the shares of any 5% shareholder of Purchaser immediately prior to the Closing, and shall use best efforts to have the Registration Statement declared effective within 90 days from the filing
        date. Purchaser shall maintain, and MANUKA shall cause Purchaser to maintain, effectiveness of the Registration Statement for a minimum period of one year from effectiveness. This Section shall be deemed as an obligation for the benefit of a third
        party (with respect to such shareholders entitled to the Registration Statement).

      

      

      6.17.          103K Trustee. Shall it be required as a condition by the ITA to affect the Tax Ruling, Purchaser, MANUKA and the Shareholders shall, prior to the Closing,
        engage a trustee (the “103K Trustee”) under a separate trust agreement (the “Trust Agreement”), whom shall, as applicable, solely for the purposes of maintaining the
        applicable terms of the Tax Ruling, hold in trust (i) for the benefit of the Purchaser – all outstanding shares of MANUKA, (ii) for the benefit of Shareholders – all Offered Shares; with the foregoing being respectively released to the designated
        beneficiary pursuant to the terms of the Trust Agreement and the Tax Ruling. In the event of engagement with the 103K Trustee, the provisions of this Agreement, shall apply mutatis-mutandis, whereby, inter-alia, the Offered Shares shall be issued under the name of the 103K Trustee for the benefit of the Shareholders, and each share transfer deed shall be under the name of the 103K Trustee for the benefit of
        Purchaser.

      

      

      
        
          

      

      7.          CLOSING CONDITIONS.

      

      

      7.1.          Conditions Precedent to Purchaser’s Obligation to Close.  The obligation of Purchaser to consummate the transactions contemplated by this Agreement is
        subject to satisfaction of the following conditions on or prior to the Closing Date:

      

      

      (a)          The representations and warranties of MANUKA set forth in Section 3 above and the representations and warranties of the Shareholders set forth in Section

          4 above shall be true and correct in all material respects at and as of the Closing Date with the same effect as though made at and as of the date hereof (except those representations and warranties that address matters only as of a specified
        date, the accuracy of which shall be determined as of that specified date in all respects);

      

      

      (b)          Each of MANUKA and the Shareholders shall have performed and complied with all of its or their respective covenants hereunder in all material respects required to
        be performed and complied with by MANUKA or the Shareholders prior to or as of the Closing, including without limitations, those obligations under Section 6 which are required to take place prior to Closing;

      

      

      (c)          No action, suit, or proceeding shall be pending before any Governmental Entity wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would
        (i) prevent or adversely affect the Shareholder's consummation of any of the transactions contemplated by this Agreement or (ii) cause any of the transactions contemplated by this Agreement to be rescinded following consummation (and no such
        injunction, judgment, order, decree, ruling, or charge shall be in effect);

      

      

      (d)          No event shall have occurred that results in a Material Adverse Effect;

      

      

      (e)          Each of the Shareholders have secured the respective Tax Ruling;

      

      

      (f)          MANUKA shall have delivered to Purchaser a certificate, dated as of the Closing Date, in the form and substance to be agreed upon between the Parties prior to
        Closing (the “MANUKA Closing Certificate”) stating that all of the conditions set forth in Sections 7.1(b) – (e) have been satisfied;

      

      

      (g)          The Shareholders shall have delivered to Purchaser a duly executed share transfer deed in the form acceptable to Purchaser (the “Share

          Transfer Deeds”);

      

      

      (h)          MANUKA shall have received all consents set forth in Schedule 3.6 of MANUKA Disclosure Schedules;

      

      

      (i)          Purchaser has delivered to MANUKA the duly executed nomination letter of the Appointed Member, in the form as shall be agreed between MANUKA and Purchaser prior to
        the Closing and shall be attached hereto as Schedule 7.1(i);

      

      

      (j)          MANUKA transferred to Purchaser $85,000 to pay off Purchaser’s Existing Debt; and

      

      

      
        
          

      

      (k)          If a Shareholders is an accredited investor, an executed copy of the Accredited Investor Questionnaire in a form reasonably acceptable to the Purchaser.

      

      

      7.2.          Conditions Precedent to MANUKA’s and Shareholders' Obligations to Close.  The obligation of MANUKA and the Shareholders to consummate the transactions
        contemplated hereby is subject to satisfaction of the following conditions on or prior to the Closing Date:

       

      

      (a)          The representations and warranties of the Purchaser set forth in Section 5 above shall have been true and correct as of the date of this Agreement and shall
        be true and correct in all respects at and as of the Closing Date with the same effect as though made at and as of the date hereof (except those representations and warranties that address matters only as of a specified date, the accuracy of which
        shall be determined as of that specified date);

      

      

      (b)          Purchaser and its shareholders shall have performed and complied with all of their respective covenants hereunder in all material respects through the Closing Date;
        including without limitations, those obligations under Section 6 which are required to take place prior to Closing;

      

      

      (c)          No action, suit, or proceeding shall be pending or threatened before any court or quasi‐judicial or administrative agency of any federal, state, local, or foreign
        jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would (i) prevent or adversely affect Purchaser’s consummation of any of the transactions contemplated by this Agreement or (ii)
        cause any of the transactions contemplated by this Agreement to be rescinded following consummation (and no such injunction, judgment, order, decree, ruling, or charge shall be in effect);

      

      

      (d)          No material adverse change shall have taken place with respect to the Purchaser, and no event shall have occurred that results in a Material Adverse Effect;

      

      

      (e)          Purchaser shall have delivered to the Shareholders a certificate, dated as of the Closing Date, in the form and substance to be agreed upon between the Parties
        prior to Closing (the “Purchaser's Closing Certificate”) to the effect that each of the conditions specified above in Sections 7.2(a) – (d) have been satisfied in all respects;

      

      

      (f)          Purchaser has delivered to MANUKA the duly executed nomination letter of the Appointed Member, in the form as shall be agreed between MANUKA and Purchaser prior to
        the Closing and shall be attached hereto as Schedule 7.2(f);

      

      

      (g)          Purchaser shall have duly executed and delivered to the Appointed Member an indemnification agreement in the form as shall be agreed between MANUKA and Purchaser
        prior to the Closing and shall be attached hereto as Schedule 7.2(f) (the “Director Indemnification Agreement”);

      

      

      
        
          

      

      (h)          All of Purchaser’s Existing Debt has been paid by the existing shareholders of the Purchaser;

      

      

      (i)          Purchaser is a reporting company under the Exchange Act at the time of Closing; and

      

      

      (j)          The Parties shall have received the Tax Ruling from the ITA.

      

      

      8.          DOCUMENTS TO BE DELIVERED AT CLOSING AND POST CLOSING.

      

      

      8.1.          Documents to be Delivered by MANUKA.  At Closing, MANUKA shall deliver to Purchaser the following:

      

      

      (a)          certificate(s) evidencing the Ordinary Shares owned by the Shareholders or a declaration of lost share certificate, and instruments of transfer duly executed;

      

      

      (b)          the MANUKA Closing Certificate as required by Section 7.1(f);

      

      

      (c)          a unanimous written consent of the board of directors of MANUKA, approving, inter alia, this Agreement and the
        transactions herein contemplated, and which includes an explicit statement that the transactions herein contemplated are intended to qualify as a tax-free “reorganization” within the meaning of Section 368(a)(2)(E) of the Code and also an exempt
        transaction pursuant to Section 103K of the Israeli Tax Ordinance and subject to the ITA approval under the Tax Ruling; and

      

      

      (d)          the Share Transfer Deeds duly executed by each Shareholder, reflecting all Ordinary Shares of Company held by such Shareholder.

      

      

      (e)          Any outstanding options of Manuka shall have been fully accelerated and exercised by their respective holders in accordance with their respective terms of grant.

      

      

      8.2.          Documents to be delivered by Purchaser.  At Closing, Purchaser shall deliver to the Shareholders the following:

      

      

      (a)          the certificates or book entry representing the Offered Shares pursuant to Exhibit A hereto;

      

      

      (b)          the Director Indemnification Agreement duly executed by Purchaser;

      

      

      (c)          a unanimous written consents of the board of directors of Purchaser, approving, inter alia, this Agreement and the
        transactions herein contemplated, and which includes an explicit statement that the transactions herein contemplated are intended to qualify as a tax-free “reorganization” within the meaning of Section 368(a)(2)(E) of the Code;

      

      

      
        
          

      

      (d)          duly executed minutes or consents of Purchaser’s shareholders, approving, inter-alia, this Agreement and the transactions herein contemplated, which have been duly
        approved and ratified (as applicable), affecting the increase of the authorized share capital of Purchaser;

      

      

      (e)          a duly filed Certificate of Merger filed with the Secretary of State of the State of Delaware, if so required; and

      

      

      (f)          such other customary instruments or other documents, in form and substance satisfactory to Purchaser, as may be required to give effect to this Agreement.

      

      

      9.          SURVIVAL AND INDEMNIFICATION.

      

      

      9.1.          Survival of Representations and Warranties. Except for the MANUKA Special Representations, which shall survive without limitation, the representations and
        warranties of MANUKA and the Shareholders contained in this Agreement shall survive until the Closing Date; provided, however, that, in the event of the fraudulent
        or willful breach of any representation or warranty of MANUKA or the Shareholders contained in this Agreement, such representation or warranty shall survive without limitation.

      

      

      9.2.          Survival of Representations and Warranties. Except for the Purchaser Special Representations, which shall survive until the lapse of twenty four (24) months
        of the Closing, the representations and warranties of the Purchaser contained in this Agreement shall survive until the Closing Date; provided, however, that, in
        the event of the fraudulent or willful breach of any representation or warranty of the Purchaser contained in this Agreement, such representation or warranty shall survive without limitation.

      

      

      9.3.          Indemnifiable Losses. The Purchaser (“Indemnitor”) shall indemnify the Selling Shareholders  (each, an “Indemnitee”) against, and hold each Indemnitee harmless from all claims, actions, suits, settlements, damages, expenses (including, reasonable legal costs and expenses), losses, or costs sustained or incurred by
        such Indemnitees (collectively, “Losses”) resulting from, or arising out of, fraud, willful misrepresentations or breach of any the Indemnitor's representations, warranties or covenants made in this Agreement
        and/or with respect to the Additional Debts and/or Outstanding Debts as specified in Section 6.12 above (which Additional Debts and/or Outstanding Debts shall be deemed as "Losses" for the purposes of this Section 9), subject to the limitations in
        this Section 9.

       

      9.4.          Limitations. The Indemnitee's right for indemnification hereunder is subject to the following conditions and limitations, notwithstanding anything to the
        contrary in this Agreement, but in to any other limitation or condition contained herein:

      

      

      (a)          The Indemnitor's liability shall be
          limited to direct damages only of the Indemnitees.

       

        

      (b)          The Indemnitor's liability shall be limited with respect to the value of the Manuka shares transferred and sold under this Agreement to Purchaser, on the Effective
        Date, as herein determined, and if not determined – as shall be determined pursuant to section 409A U.S. Internal Revenue Code appraisal.

      

      

      
        
          

      

      9.5.          Claims Notice; Third Party Claims. In the event that an Indemnitee wishes to assert a claim for indemnification hereunder it shall give the Indemnitor a
        prompt written notice thereof (a “Claims Notice”), which shall describe in reasonable detail the facts and circumstances upon which the asserted claim for indemnification is based and thereafter keep the
        Indemnitor informed, in all material respects, with respect thereto. In the event that such Claims Notice results from a third-party claim against the Indemnitee, such Indemnitee shall promptly upon becoming aware of the commencement of proceedings
        by such third party provide the Indemnitor with the Claims Notice and the Indemnitor shall have the right to assume the defense thereof (at Indemnitor's expense) with counsel mutually satisfactory to the parties. Failure of the Indemnitees to give
        prompt notice or to keep it informed, as provided herein, shall not relieve the Indemnitor of any of its obligations hereunder, except to the extent that the Indemnitor is actually and materially prejudiced by such failure. The Indemnitor shall not
        be liable nor shall it be required to indemnify or hold harmless the Indemnitee in connection with any settlement effected without its consent in writing, which shall not be unreasonably withheld or delayed.

      

      

      9.6.          Sole Remedy. The indemnification provided by the Indemnitor hereunder and the enforcement of such indemnification shall be the exclusive remedy available to
        the Indemnitees under this Agreement against Indemnitor and/or anyone on its behalf (including any officers, employees, directors and/or shareholders).

      

      

      9.7.          Limitation on Purchaser Indemnification. Notwithstanding anything to the contrary herein, except in case of fraud or willful misrepresentation by the
        Purchaser, indemnification shall be subject to the following limitations and conditions, in addition to the other limitations in this Section Error! Reference source not found.:

      

      

      (a)          The Purchaser’s indemnification obligations set forth in this Section 9 shall be limited to total number of shares of Purchaser determined under subsection (b)
        below.

      

      

      (b)          The Purchaser shall indemnify each of the Indemnitees by issuing to the Indemnitees (on a pro rata basis among the Indemnitees entitled to such Losses) such number
        of Purchaser’s shares of common stock as is determined by dividing the amount of Losses by the Fair Market Value (as defined and to be determined as set forth below); provided, that in no event shall the value of all indemnification claims
        hereunder in the aggregate shall exceed US$7,000,000.

      

      

      (c)          In connection with the indemnification provisions under this Section 9, the “Fair Market Value” of one share of common stock
        of Purchaser at the time of payment shall be calculated based on the Purchaser total valuation of US$7,000,000. Notwithstanding, with respect to the Additional Debts Indemnity, the “Fair Market Value” of one
        share of common stock of Purchaser at the time of payment shall be calculated based on the Purchaser total valuation of US$3,500,000.

      

      

      
        
          

      

      10.          TERMINATION.

      

      

      10.1.          Termination prior to Closing. Except as otherwise provided in this Agreement, the Agreement may be terminated at any time prior to the Closing:

      

      

      (a)          by the unanimous written consent of MANUKA, the Shareholders and Purchaser; or

      

      

      (b)          If there shall be any Law that is in effect (for so long as it is in effect) that makes consummation of the transactions contemplated by this Agreement illegal or
        otherwise prohibited, or any Governmental Entity shall have issued a Governmental Order restraining or enjoining the transactions contemplated by this Agreement, and such Governmental Order shall have become final and non-appealable;

      

      

      (c)          In the event that the Closing Conditions are not fulfilled by the Drop Dead Date, and unless otherwise agreed between the Purchaser and the Company, the Agreement
        shall terminate on the Drop Dead Date.

      

      

      10.2.          Effect of Termination.

      

      

      (a)          In the event of the termination of this Agreement, or its expiration upon the Drop Dead Date, in accordance with this Section 10, this Agreement
        shall forthwith become void and there shall be no liability on the part of any Party hereto and their respective officers, directors or shareholders, except that nothing herein shall relieve any Party hereto from liability for any willful breach of
        any provision hereof by such Party that occurred prior to such termination.

      

      

      (b)          The provisions of Section 6.4 (Confidentiality), Section 6.6 (Press Releases and
        Communications), this Section 10 and Section 11 shall remain in full force and effect and survive any termination of this Agreement pursuant to the terms of this Section 10.

      

      

      
        
          

      

      11.          MISCELLANEOUS.

      

      

      11.1.          Notices. All notices, requests, consents, claims, demands, waivers and other communications hereunder shall be in
        writing and shall be deemed to have been given: (a) when delivered by hand (with written confirmation of receipt); (b) when received by the addressee if sent by a nationally recognized overnight courier (receipt requested); (c) on the date sent by
        facsimile or e-mail of a PDF document (with confirmation of transmission) if sent during normal business hours of the recipient, and on the next Business Day if sent after normal business hours of the recipient; or (d) on the third (3rd) day after
        the date mailed, by certified or registered mail, return receipt requested, postage prepaid. Such communications must be sent to the respective Parties at the following addresses (or at such other address for a Party as shall be specified in a
        notice given in accordance with this Section 11.1):

      

      

      	
              If to MANUKA:

            	
              ________

            
	 	 
	
              with a copy to:

            	
              Izardel, Shapira & Co.

              24 Raul Wallenberg St., Building B, fourth floor

              Tel-Aviv 6971922, Israel

              Fax: 03-5098085

              Email: yaniv@isac-law.com

              Attn: Advocate Yaniv Izardel

            
	 	 
	
              If to the Shareholders:

            	
              ________

            
	 	 
	
              with a copy to:

            	
              Izardel, Shapira & Co.

              24 Raul Wallenberg St., Building B, fourth floor

              Tel-Aviv 6971922, Israel

              Fax: 03-5098085

              Email: yaniv@isac-law.com

              Attn: Advocate Yaniv Izardel

            
	 	 
	
              If to Purchaser:

            	
              ________

            
	 	 
	
              with a copy to:

            	
              Sullivan & Worcester LLP

              1633 Broadway

              New York, New York 10019

              Attention: Oded Har-Even

              E-mail: ohareven@sullivanlaw.com

            

      

      

      
        
          

      

      11.2.          Interpretation. Al Schedules and Exhibits referred to herein shall be construed with, and as an integral part of,
        this Agreement to the same extent as if they were set forth verbatim herein.

      

      

      11.3.          Headings. The headings in this Agreement are for reference only and shall not affect the interpretation of this
        Agreement.

      

      

      11.4.          Severability. If any term or provision of this Agreement is invalid, illegal or unenforceable in any jurisdiction,
        such invalidity, illegality or unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction. Except as provided in Section 10, upon
        such determination that any term or other provision is invalid, illegal or unenforceable, the Parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in a
        mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent possible.

      

      

      11.5.          Entire Agreement. This Agreement including all exhibits and schedules thereto, and the other Transaction Documents
        constitute the sole and entire agreement of the Parties to this Agreement with respect to the subject matter contained herein and therein, and supersede all prior and contemporaneous understandings and agreements, both written and oral, with
        respect to such subject matter. In the event of any inconsistency between the statements in the body of this Agreement and those in the other Transaction Documents, and the Exhibits, the statements in the body of this Agreement will control.

      

      

      11.6.          Successors and Assigns. This Agreement shall be binding upon and shall inure to the benefit of the Parties hereto
        and their respective successors and permitted assigns. Neither Party may assign its rights or obligations hereunder without the prior written consent of the other Parties, which consent shall not be unreasonably withheld or delayed.

      

      

      11.7.          No Third-party Beneficiaries. Except as specifically set forth or referred to herein, this Agreement is for the sole
        benefit of the Parties hereto and their respective successors and permitted assigns and nothing herein, express or implied, is intended to or shall confer upon any other Person or entity any legal or equitable right, benefit or remedy of any nature
        whatsoever under or by reason of this Agreement.

      

      

      11.8.          Amendment and Modification; Waiver. This Agreement may only be amended, modified or supplemented by an agreement in
        writing signed by each of the Company, the Purchaser and the Shareholders. No waiver by any Party of any of the provisions hereof shall be effective unless explicitly set forth in writing and signed by the Party so waiving. No waiver by any Party
        shall operate or be construed as a waiver in respect of any failure, breach or default not expressly identified by such written waiver, whether of a similar or different character, and whether occurring before or after that waiver. No failure to
        exercise, or delay in exercising, any right, remedy, power or privilege arising from this Agreement shall operate or be construed as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or privilege hereunder
        preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege.

      

      

      11.9.          Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of
        which together shall be deemed to be one and the same agreement. A signed copy of this Agreement delivered by facsimile, e-mail or other means of electronic transmission shall be deemed to have the same legal effect as delivery of an original
        signed copy of this Agreement.

      

      

      11.10.         Jurisdiction and Governing Law.  This Agreement shall be governed and construed under and in accordance with the laws of the State of Delaware. The
        competent courts of the State of Delaware, shall have exclusive jurisdiction thereto.

      

      

      [signature page follows]

      

      

      
        
          

      

      IN WITNESS THEREOF:

      

      

      	 	
              Artemis Therapeutics, Inc.

            
	 	 	 
	 	
              By:

            	
              /s/ Chanan Morris

            
	 	
              Name:

            	
              Chanan Morris

            
	 	
              Title:

            	
              CFP

            
	 	
               

              MANUKA LTD.

            
	 	 	 
	 	
              By:

            	
              /s/ Manuka Ltd.

            
	 	
              Name:

            	
              ______________

            
	 	
              Title:

            	
              ______________

            

      

      

      
        
          

      

      
        

        

        
          	
                   

                	
                  
                    
                      Shareholders

                    

                     

                    

                    
                      /s/ Shimon Citron

                      
                        SHIMON CITRON

                        (please check one box)

                        ___  U.S. Accredited Investor

                        X     Non U.S. Person as defined under Regulation S

                      

                      

                      

                      
                        /s/ Sigal Citron

                      

                      
                        SIGAL CITRON

                      

                      
                        (please check one box)

                        ___  U.S. Accredited Investor

                        X     Non U.S. Person as defined under Regulation S

                      

                      

                        
                          /s/ Adler Chomski Marketing Communication Ltd

                        

                        
                          ADLER CHOMSKI MARKETING COMMUNICATION LTD

                          (please check one box)

                          ___  U.S. Accredited Investor

                          X     Non U.S. Person as defined under Regulation S

                        

                        

                        

                        
                          /s/ Eyal Chomsky Holdings Ltd

                        

                        
                          EYAL CHOMSKY HOLDINGS LTD

                        

                        (please check one box)

                        ___  U.S. Accredited Investor

                        X     Non U.S. Person as defined under Regulation S

                      

                      

                      

                      
                        /s/ Harmony (H.A.) Investments Ltd

                      

                      
                        HARMONY (H.A.) INVESTMENTS LTD

                      

                      
                        (please check one box)

                        ___  U.S. Accredited Investor

                        X     Non U.S. Person as defined under Regulation S

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