Document:

Exhibit 10.5

 

PROVISION OF SERVICES AGREEMENT

Prepared and signed on the 16th
day of November, 2014.

 

BETWEEN

 

L. & S. LIGHT &
STRONG LIMITED

PRIVATE CO. NO. 514030471

Of Ha’Adom Street, Kanot
Industrial Park, PO Box 7042

Gadera 707000

(Hereinafter: “Company”)

Of the one part;

AND

 

GAL EREZ, ID No. 59297770

By Mr. Gal Erez or a corporation
under his control

Of Haperach Begani 7, Herzliya

(Hereinafter: “Services
Provider”)

Of the other part;

 

	WHEREAS	and the Company is a private company, which was incorporate in Israel and which specialises in the manufacture of products from complex materials;
	 	 
	AND WHEREAS	and the Company wishes to engage the Services Provider as a director in the Company in a manner and under the terms detailed hereunder in this Agreement;
	 	 
	AND WHEREAS	and the Services Provider wishes to provide the Company with services as an active director, as detailed hereunder in this Agreement;
	 	 
	AND WHEREAS	and in accordance with the Companies Law, 5759-1999 (hereinafter: Companies Law”), the consideration for the services that will be paid to the Services Provider by the Company is subject to the competent organs of the Company: the Company’s board of directors and the general meeting of the Company’s shareholders, which, as of the date of the signing of this Agreement, have not yet been received; 
	 	 
	AND WHEREAS	and the parties wish to regulate and set in writing their relationship, all as set forth in this Agreement below;

 

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NOW,
THEREFORE, the parties agree, condition and stipulate as follows:

 

		1.	PREAMBLE

 

		1.1.	The Preamble to this Agreement and the declarations of the parties constitute an inseparable part
thereof.

 

		1.2.	The section headings are for convenience only and they are not to be used for the interpretation
or clarification of this Agreement.

 

		1.3.	The Annexes to this Agreement constitute an inseparable part of this Agreement and the provisions
thereof. In the event of a contradiction, the provisions of the Annexes shall prevail over the Agreement.

 

		2.	THE ENGAGEMENT

 

		2.1.	The Services Provider shall render to the Company, as part of the engagement which is the subject
of this Agreement, his services as an active director in the Company (hereinafter: “Services”).

 

		2.2.	During the term of the engagement (as defined in Section 4.1 below), the Services Provider shall
invest of his time and energy in the performance of his position as an active director in the Company to a services extent equivalent
to the extent of 50% of a [full time] position.

 

		2.3.	The Services Provider undertakes to conscientiously and faithfully perform his position in the
Company, and to invest of his time and energy and experience and knowledge in the performance of his role and in promoting the
Company’s business, subject to the Company’s policies, as they shall be from time to time, and in accordance with the
instructions that shall be given to him by the Company, according to that which has been agreed as part of this Agreement. In addition,
the Services Provider shall not engage in other activities in a manner that will prevent him from performing his undertakings under
this Agreement.

 

		3.	SUPERVISION BY THE COMPANY

 

The Services will be provided
by the Services Provider to the Company, and the Services Provider, in his role, will be directly subject to the Company’s
board of directors.

 

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		4.	THE TERM OF THE ENGAGEMENT

 

		4.1.	The term of the engagement in accordance with this Agreement shall begin on November 1, 2014
and shall continue for as long as neither of the parties notifies of their intention to terminate the contract (hereinafter: “Engagement
Term”).

 

		4.2.	Notwithstanding the provision of Section 4.1 above, any of the parties to the Agreement is entitled
to terminate the Engagement Term under this Agreement, for any reason whatsoever, provided that they have given written notice
three months in advance to the other party, and this will not be considered as a breach of contract (hereinafter: “Advance
Notice” and “Advance Notice Period”, respectively).

 

		4.3.	In any case where one party announces the termination of the Agreement as provided in Section 4.2
above, the Services Provider will continue to provide services under this Agreement until the end of the Advance Notice Period,
provided that the Services Provider will be paid the full consideration in respect of the Advance Notice Period or the outstanding
Advance Notice Period, as applicable. Upon the termination of the contract between the Company and the Services Provider, the Services
Provider undertakes to do all it can to help the Company perform an orderly transition of the role to whomever is so appointed
by the Company.

 

		4.4.	Notwithstanding the provision of Section 4.2, the parties agree that the Company may terminate
the contract with the Services Provider immediately, without notice, in each of the following events:

 

		4.4.1.	The Services Provider violate s fundamental breach its obligations under this Agreement.

 

		4.4.2.	The Services Provider is charged with committing a criminal offense involving moral turpitude.

 

		4.4.3.	The Services Provider commences bankruptcy proceedings.

 

		4.4.4.	The Services Provider dies and/or loses legal capacity and/or loses the ability to work for a period
exceeding 45 days.

 

		4.5.	Should the work of the Services Provider end or terminate for any reason, including, but not limited
to, in accordance with the matters aforementioned in this Section, the Services Provider undertakes to return to the Company, to
the place where the Company shall instruct him, immediately and without any delay, any written and/or printed and/or recorded and/or
typed material and/or any other information in his possession.

 

		4.6.	The Services Provider also undertakes to return to the Company any equipment and/or property belonging
to the Company and which is in his possession, in good working order as it was given to the Services Provider, except for any natural
depreciation and amortization in respect of reasonable use of the property.

 

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		5.	COMPENSATION AND BENEFITS

 

		5.1.	In consideration for the performance of all of the Services Provider's obligations under this Agreement,
the Company will pay the Services Provider total consideration of NIS 19,000 (nineteen thousand NIS) plus VAT as per the law, for
each calendar month of work, from the start of the engagement, as stated in Section 4.1 above, and this as against a tax invoice
that shall be issued by the Services Provider to the Company (hereinafter: “Monthly Compensation”).

 

		5.2.	The parties agree that the dates for payment of the consideration will be up to the 10th
day of each calendar month in respect of the previous month, provided that the Services Provider has issued the Company a tax invoice,
as per the law.

 

		5.3.	It is hereby agreed and clarified beyond any doubt that in return for the provision of services
by the Services Provider to the Company, the Services Provider shall not be entitled to any payment, conditions, benefits or rights,
except as explicitly stated in this Agreement.

 

		5.4.	Notwithstanding the provision of Section 5.3 above, in addition to the Monthly Consideration, the
Services Provider shall be entitled to reimbursement of expenses and/or fees, the payment of which were required as part of the
provision of the Services by him to the Company, and this subject to the production of a tax invoice and/or receipt and their approval
by the management of the Company, including and up to the amount of NIS 3,000 and this against submission of invoices.

 

		6.	UNDERTAKINGS OF THE SERVICES PROVIDER

 

		6.1.	Without derogating from the other provisions of this Agreement, the Services Provider undertakes,
confirms and declares as follows:

 

		6.1.1.	That he has the skills necessary for the discharge of his duties as part of the Services Provider's
services.

 

		6.1.2.	That he will be entitled to provide services as a contractor to all whom it may concern throughout
the term of this Agreement, provided that this shall not affect the performance of his obligations under this Agreement.

 

		6.1.3.	That he will refuse to receive and shall not accept any payment and/or other benefit from any third
party with a direct or indirect connection with the services of the Services Provider which he renders for the company, including
from customers and/or suppliers of the Company.

 

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		6.1.4.	That he will provide the services of the Services Provider to the Company with maximum discretion,
dedication and loyalty, using his full experience and knowledge for the benefit of the Company and for its advancement and through
avoidance of conflicts of interest.

 

		6.1.5.	That he will notify the Company, immediately and without delay, of any interest and/or subject
in which he has a personal interest and/or that may create a conflict of interest vis-à-vis the provision of the Services
to the Company.

 

		6.1.6.	That he will act in accordance with any law and legislation relating to the services mentioned
in this Agreement.

 

		6.1.7.	That, to the best of his knowledge, he has no restriction that prevents him from providing the
Services to the Company under this Agreement.

 

		6.1.8.	That he and/or the Services-Providing Worker have no criminal history and/or criminal record with
the Israel Police and, to the best of his knowledge, there is no reason that any claim and/or case and/or police investigation,
or otherwise, will be submitted/opened/managed against him.

 

		6.2.	The parties agree that the rights and undertakings of the Services Provider under this Agreement
are personal rights and the Services Provider will not be entitled to sell and/or transfer and/or assign and/or convert, etc.,
the rights and undertakings under this Agreement and/or any part thereof, either directly or indirectly, and in any form, to another
and/or others, for or without remuneration and/or in any other form, unless agreed otherwise and in writing in advance by the Company,
subject to the provisions of any law, including the convention of a meeting of the shareholders of the Company, should this be
necessary by law.

 

		6.3.	The matters stated in this section, and all of its sub-sections, is a fundamental term of this
Agreement.

 

		7.	CONFLICTING CLAIM

 

		7.1.	The Services Provider hereby declares that it is clear to him and that he agrees that the consideration
set forth in Section 5 above is based on his declarations herein this Section, the representation he made to the Company and the
basic premise of the Agreement, that there is no employer-employee relationship, and neither is one ongoing, between him and the
Company.

 

		7.2.	The Services Provider hereby declares that, as part of the provision of the Services by him pursuant
to this Agreement, there is no and neither shall there be any employer-employee relationship in existence, in any form and in any
way, between him and the Company.

 

		7.3.	It is fundamentally agreed, in a manner which permeates rights down to the root of the agreements
that form the subject matter of this Agreement, that the Monthly Compensation stipulated in Section 5 of this Agreement was determined
in consideration of the fact that the Services Provider is an independent contractor and not an "employee of a Company",
and based on his declarations in Sections 7 and 8 hereunder, the representation he made to the Company and the basic premise of
the Agreement, that there is no employer-employee relationship, and neither is one ongoing, between him and the Company. Therefore,
it is agreed that the Company will not, in respect of the engagement or termination of engagement of the Services Provider, including
termination of the provision of the Services to the Company by the Services Provider in his capacity as a director in the Company,
all other costs, including any social benefits (including annual leave, vacation pay, national insurance, severance pay, education
fund, holiday pay, reservist duty, maternity leave, car expenses, etc.) such that the said Monthly Compensation is the full, inclusive
and only cost to be borne by the Company in all matters concerning the services provided by the Services Provider, that are rendered
by him to the Company under this Agreement as an independent contractor.

 

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		7.4.	The Services Provider hereby undertakes to indemnify the Company for any claim of any kind whatsoever,
that shall be filed against the Company, the grounds of which concern the question of the existence of an employer-employee relationship
and between the Services Provider or any employees of the private company, whether the claim is submitted by the Services Provider
and/or by an employee of his and/or by his successor and/or legal heir or by any third party.

 

		7.5.	Therefore, the Services Provider agrees that in any event in which he claims and/or demands, in
any way, rights from the Company that arise out of the existence of an employer-employee relationship and/or if it is determined
by a court of law and/or any other entity that an employer-employee relationship exists between him and the Company, notwithstanding
the provisions of this Agreement, the determinable wage as an employee of the Services Provider shall be calculated on a basis
of an amount equal to 70% of the consideration specified in Section 5 above, and the consideration shall be considered as though
having been agreed in the first place, and the Services Provider shall reimburse the Company the difference, in the rate of 30%
of the consideration plus linkage differentials and interest by law, from the date of payment of any consideration to the actual
payment.

 

The matters stated in this
section shall be applicable, whether a claim is raised regarding the existence of an employer-employee relationship in any way
and/or if a claim is filed against the Company and/or any company to which the Company is affiliated, by the Services Provider,
or whether it will be raised by an employee of the Services Provider and/or his successors and/or his estate and/or his heirs and/or
other third party associated with it, and in this respect the Services Provider and/or his estate will be considered as obligated
to make the abovementioned restitution, prior to the making of any payment to the Services Provider and/or his estate and/or successors.

 

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		7.6.	The above does not derogate from any relief and/or other remedy available to the Company under
this Agreement and/or by law.

 

		7.7.	The matters stated in this section, and all of its sub-sections, is a fundamental term of this
Agreement.

 

		8.	THE STATUS OF THE SERVICES PROVIDER

 

		8.1.	Without derogating from the other provisions of this Agreement, it is agreed by the parties that
the Services Provider serves as an independent contractor for all intents and purposes and that there is no and neither shall
there be, in any way, an employer-employee relationship between him and the Company.

 

		8.2.	The parties agree that the Services Provider shall be solely responsible for his relationship with
the tax authorities, including with respect to income tax, national insurance and VAT.

 

		8.3.	The parties agree that the Services Provider shall himself pay all the taxes and/or fees and/or
governmental payments and/or other payments regarding the management of his business and, inter alia, concerning payment of income
tax, value added tax, national insurance fees, employers’ tax, and so on.

 

		8.4.	It is hereby agreed and clarified that the Services Provider is an independent contractor for the
performance of all of his undertakings under this Agreement, and that the contract with him as an independent contractor was made
in accordance with his express request. It is further clarified that the Services Provider shall not be considered as an employee
of the Company for any purpose whatsoever, and that there shall not be an employer-employee relationship between him and the Company.

 

		8.5.	The matters stated in this section, and all of its sub-sections, is a fundamental term of this
Agreement.

 

		9.	CONDITIONS PRECEDENT

 

In accordance with the provisions
of the Companies Law, the entry into force of this Agreement, including the payment of the Monthly Compensation, are conditioned
on the approval of the following organs: (a) approval of the Company’s board of directors, which was given by it on November
16, 2014; and (b) approval of the general meeting of the Company’s shareholders (as of the date of the signing of the Agreement,
the Company has summoned an ordinary and special general meeting, that shall convene on December 1, 2014).

 

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		10.	CONFIDENTIALITY, NON-COMPETITION AND CONFLICT OF INTEREST

 

The Services Provider undertakes
to sign on an undertaking that includes provisions relating to confidentiality and non-competition, attached herewith as Annex
A to this Agreement and, furthermore, shall undertake to the Company that:

 

		10.1.	The Services Provider undertakes to keep strictly confidential any data and/or document and/or
knowledge and/or information related to the provision of services to the Company and/or the Company's business activities. The
Services Provider is aware that all such information, which is not in the public domain, constitutes property belonging to the
Company. The aforementioned does not apply to information in the public domain, provided that it did not come into the public domain
as a result of an act or omission by the Services Provider and/or his representative. The above does not derogate from the authority
of the Services Provider to use the information, including to hand it to third parties, within and for the discharge of his duties
as CEO of the Company and performance of his role in it and to the extent that the matter is required [sic].

 

The provisions of this section
shall be applicable and shall bind the Services Provider without time limitation (even after the termination or cancellation of
this Agreement for any reason whatsoever), however they shall not apply or stop to apply, as appropriate, with regard to said knowledge
or information that is in the public domain on the date of the entry into force of this Agreement or that will become part of the
public domain thereafter not due to an action or omission of the Services Provider.

 

		10.2.	The Services Provider undertakes not to be in conflict of interest with his various businesses
and the service provided by him to the Company. In any event giving rise to a risk of a conflict of interests, the Services Provider
undertakes to notify the Company in advance and to obtain its approval in writing for the action, as described above.

 

		10.3.	In the course of the Agreement term and for an additional period of 12 months after its date of
termination (for any reason whatsoever that shall cause the termination of the Agreement), the Services Provider shall not engage
in and shall not provide services, whether directly or indirectly, including through a corporation in which he has economic interests,
in activities that compete with the Company’s operations and within the Company’s fields of business.

 

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		10.4.	For the avoidance of doubt it is clarified that, thereafter the period of 12 months, as stated
in Section 10.3 above, the fact shall not considered as though derogating from the undertaking of confidentiality, as aforementioned
and in Annex A, which shall continue to exist and remain valid throughout the course of the period stated in Section 10.1
above.

 

		10.5.	The matters stated in this section, and all of its sub-sections, is a fundamental term of this
Agreement.

 

		11.	PROPERTY

 

		11.1.	Plans, opinions, ideas, trademarks, patents and intellectual property rights, etc., that will be
developed and/or prepared by the Services Provider for the Company and/or its customers, will, at all times, be the sole and exclusive
property of the Company and the Services Provider will not be entitled to any payment and/or remuneration and/or compensation in
respect of any of these.

 

		11.2.	Without derogating from the other undertakings of the Services Provider, the Services Provider
hereby undertakes to provide to the Company all the documentation in his possession concerning the provision of the services of
the Services Provider by him to the Company, including, but not limited to, the original plans, the original software and all documents,
information, databases, annotations and other information, whether written, whether in digital and/or analog or oral form or in
any other way under the provisions of this Agreement, whenever he shall be so requested and immediately upon being requested.

 

		11.3.	The Company may at any time, at its sole and absolute discretion, use the material and/or any information,
document, software, database, etc., or other information provided by the Services Provider and the Company may publish and/or provide
materials, in whole or in part, to whomever it considers fit, at its sole discretion, in any way, and all this without obtaining
any consent from the Services Provider.

 

		11.4.	Any notice, document, object, information, etc., which, in view of their nature, are not common
property, that are obtained by the Services Provider due to and/or in connection with the provision of the Services Provider’s
services, the Services Provider undertakes not to issue and/or transfer and/or disclose them to any third party and/or the public
domain, including any part thereof and/or any right in accordance therewith and/or any benefit whatsoever. 

 

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		12.	PROFESSIONAL LIABILITY AND CLAIMS

 

		12.1.	The Services Provider undertakes, by way of a fundamental undertaking the permeates to the root
of this Agreement, to notify the Company in writing immediately upon the occurrence of an event which can be considered as an event
that carries the risk that, thereafter, a claim shall be filed against the Services Provider and/or the Company in respect of negligence
and/or an omission and/or an act as part of the provision of the Services to the Company.

 

		12.2.	In addition, the Services Provider undertakes to notify the Company in writing of any claim and/or
demand and/or letter and/or complaint filed against him concerning his engagement as a provider of services, immediately and without
delay. In his said notice, the Services Provider shall specify all the details of the case and will provide the Company with the
relevant documents, all in order that the Company can consider the continued provision of the Services Provider's services by the
Services Provider to the Company, in view of the case.

 

		13.	MISCELLANEOUS 

 

		13.1.	This Agreement consolidates all which has been agreed between the Services Provider and the Company.
Upon the signing of this Agreement, all agreements, understandings and letters of commitment exchanged between the parties prior
to the signing thereof, if any do exist, shall be null and void.

 

		13.2.	Each party shall bear its own expenses in respect of preparation of this Agreement.

 

		13.3.	The provisions of the agreements and arrangements that apply to the Company’s employees and
the working conditions of the Company’s employees, as well as the conditions applicable to other contractors working in the
Company (if any), shall not apply to the relationship between the Company and the Services Provider.

 

		13.4.	It is expressly agreed that the books and records of the Company shall constitute prima facie evidence
in respect of any record and any matter or transaction or account listed in them.

 

		13.5.	No conduct by either of the parties shall be deemed a waiver of any rights under this Agreement
and/or under any law, or as a waiver and consent on their part to some violation or failure to comply with the terms of the Agreement
by the other party or granting a postponement, extension or as a modification, cancellation, or the addition of a provision of
any kind, unless expressly made in writing.

 

		13.6.	Any change, cancellation, addition or amendment to this Agreement shall be made in writing and
shall be binding only after it has been signed by both parties.

 

		13.7.	The competent court in Tel Aviv is hereby granted the sole and exclusive authority to hear any
dispute arising between the parties in connection with this Agreement and/or the provision of the Services Provider’s services
in accordance with this Agreement.

 

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		14.	NOTICES AND ADDRESSES

 

		14.1.	The addresses of the parties for the purposes of this Agreement are as set out in the preamble
to this Agreement or any other address of any party that is notified in writing by it to all other parties.

 

		14.2.	Every notice sent from one side to the other shall be sent by fax and also in writing by way of
registered mail to the address listed in the preamble to this Agreement and/or delivered by hand. A notice given by mail shall
be deemed received within 72 hours from the time it was sent by registered mail in Israel. A notice delivered by hand will be deemed
received immediately upon delivery. For the purposes of this Section, Sabbaths and Israeli public holidays shall not be taken into
account.

 

IN WITNESS WHEREOF THE PARTIES SIGNED:

 

	 	 	 
	The Company	 	Services Provider

 

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ANNEX A

 

To:

 

L. & S. Light & Strong Ltd.

 

Dear Sirs,

 

RE: CONFIDENTIALITY DECLARATION
AND UNDERTAKING

 

The Undersigned confirms, declares and
undertakes to you the following:

 

		1.	I undertake to keep fully confidential and not to disclose to anyone any "Confidential Information",
as defined in Section 2 below, of the Company, including the Company's trade secrets and/or any inside information, professional,
commercial, financial or other knowledge related directly or indirectly to the Company and/or the Company's customers, including
procedures and/or practices, costs, prices, etc., both during the period of my work with the Company and/or the provision of services
by me to the Company, and thereafter, as provided in Section 4 below. Notwithstanding the foregoing, it agreed that my above undertaking
shall not apply with respect to providing information to third parties if this is necessary for the discharge of my functions.

 

		2.	To take all the usual precautions to protect the Confidential Information and to prevent its transfer
to and/or receipt by any third party, to the extent that it is dependent on me;

 

"Confidential Information"
means – all information of any kind whatsoever of the Company, including but not limited to – knowledge, or part of
it, information, drawings, sketches, plans, development, discovery, invention, designs, patents, including pending patents, commercial
trademarks, registered trademarks, trading names, specifications, tables, examples, markets, prices, trade and business secrets,
technology, artifacts, software, hardware, source code, as well as any information that does not constitute publicly published
information and/or information provided to a third party that is not part of the Company that concerns and/or relates to the Company’s
field of operations, including products of the Company which it is developing and/or producing and/or that is shall develop and/or
produce in the future;

 

Should I be required by law to
provide the Confidential Information and/or any part of it, I undertake to notify immediately in writing of this, in order that
the Company executives may consider appropriate legal action and/or waiver of the applicability of this Letter of Undertaking in
respect of the information required;

 

		3.	All rights, including the right to file patent applications, the right to patent, copyright and
industrial or intellectual property of any kind, in respect of inventions (patentable or otherwise), advances, developments, improvements,
ideas, applications, etc., that I or another employee of the Company with whom I work, shall invent, develop, conceive of or reach
me otherwise, in connection with my work with the Company and/or the provision of the management services that I provide to the
Company, and/or in connection with the Company’s lines of business as they are and as may be from time to time, shall be
attributable to the Company’s property, and will belong to it for all intents and purposes, in a manner which will entitle
it to act as an owner in respect of them.

 

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For the avoidance of doubt, the
provisions of this section shall also apply in respect of a service invention, as defined in the Patents Law, 5727-1967, however,
under no circumstances will the service invention become my property unless the Company agrees to this in advance, explicitly and
in writing.

 

I have been made aware that I
will not be entitled to royalties or other payments in respect of or in connection with the rights set forth in this subsection
and/or service invention and/or in connection with commercial or other exploitation of rights and/or the said invention.

 

		4.	My undertakings, as aforementioned in the section above, shall remain valid and bind me forever,
whether I continue in my role as a director in the Company or not.

 

		5.	I hereby undertake not to transfer or disclose, without your permission, the Confidential Information
as defined above to any third party.

 

		6.	I am aware that transfer of the information to any third party, except for the undersigned requires
your permission in advance and in writing, and this according to your sole and absolute discretion with regard to the grant or
refusal to grant permission to a third party, as aforesaid, and this without any obligation on you to provide any reasoning whatsoever,
and that that party is required to sign in advance and in writing on a letter of undertaking, in this form, to you.

 

		7.	I undertake to take all precautions in order to prevent the possibility that secret information
will leave my possession and reach whomever has not been authorized for this in advance and in writing by you.

 

		8.	I further undertake not to make any user of the information, whether directly and/or indirectly,
except for the sole purpose for which the information is given to me, which is the provision of services as a director in the Company.

 

		9.	I am further aware that my said undertakings and declarations are irrevocable and that a breach
thereof shall constitute a fundamental breach of the Provision of Services Agreement signed between us, and shall justify the lawful
and immediate termination of the Agreement and/or termination of the engagement as per the Agreement, and this without derogating
from any other right available to the Company following the aforementioned breach.

 

In addition to the aforesaid,
I, the undersigned, confirm, declare and undertake to you the following:

 

		10.	In order to protect the commercial secrets and legitimate interests of the Company, in the course
of the provision of the Services that I shall render to the Company, I hereby undertake not to engage, as an employee, or as an
independent contractor, consultant or in any other way, and not to be a partner, shareholder, director or manager in a corporation
or business that directly or indirectly engages in the Company’s fields of business.

 

		11.	Moreover, I hereby undertake not to solicit, directly or indirectly, any director, officeholder,
employee, supplier or customer of the Company to terminate their engagement with the Company, and also not to employ whoever is
or was in the course of the preceding 12 (twelve) months, or part of them, an employee, director or officeholder of the Company,
without the prior written consent of the Company’s board of directors.

 

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		12.	I undertake not to join (as a partner, shareholder, employee, consultant, independent contractor
or in any other way) any entity that competes directly with the Company or an entity that competes for a commercial opportunity
that was considered or is considered by the Company in the course of my work with the Company as a Services Provider.

 

		13.	My undertakings in the above Sections 11-13 shall remain valid in the course of my engagement with
the Company, and for 12 months following the termination of my work in the Company.

 

		14.	This Letter, and the agreements and undertakings contained in it or associated with it, shall be
construed and enforced under the laws of the State of Israel.

 

IN WITNESS WHEREOF, I have signed:

 

	Date: 	 	 
	 	 
	 	 

 

Services Provider

 

    14Exhibit 10.6

 

PROVISION OF SERVICES AGREEMENT

Made and signed on the ___ day of November,
2014.

 

		BETWEEN	L. & S. LIGHT & STRONG LIMITED

Private co. no. 514030471

Of Ha’Adom Street, Kanot
Industrial Park, PO Box 7042

Gadera 707000

(Hereinafter: “Company”)

Of the one part;

 

		AND BETWEEN	 Mr. URI ORBACH, PLATFORMA CONSULTING &
MARKETING

Licensed Trader no. 029744588

Of Laskovski Street 16A, Mazkeret
Batya

(Hereinafter: “Services
Provider”)

Of the other part;

 

		WHEREAS	and
                                         the Company is a private company, which was incorporate in Israel and which specialises
                                         in the manufacture of products from complex materials;

  

		AND
                          WHEREAS	and
                                         the Company wishes to recruit a CEO, and the Services Provider wishes to continue to
                                         provide the Company with his services as a CEO, as detailed hereunder in this Agreement;

 

		AND
                          WHEREAS	and
                                         the Company wishes to receive the services of the CEO in all matters concerning the said
                                         position;

 

		AND WHEREAS	and
the Services Provider declares that he has the experience, ability and knowledge in providing these services and is able to provide
the Company with the services as set out in this Agreement;

 

		AND
                          WHEREAS	and
                                         the parties wish to regulate and set in writing the terms and provisions relating to
                                         the services rendered by the Services Provider to the Company, all as set forth herein
                                         below;

 

    	 	1	 

     

    

  

NOW,
THEREFORE, the parties agree, condition and stipulate as follows:

 

		1.	PREAMBLE

 

		1.1.	The Preamble to this Agreement constitutes an inseparable part thereof.

 

		1.2.	The section headings are for convenience only. They are not to be used for the interpretation or
clarification of this Agreement.

 

		1.3.	The provisions of any other and/or prior agreement between the Company and/or its subsidiaries
and the worker are void, unless expressly determined otherwise in this Agreement.

 

		2.	THE ROLE AND ITS EXTENT

 

		2.1.	The Company shall receive from
the Services Provider services that shall include, inter alia, the following issue:1

 

		2.2.	The worker shall serve as CEO of the Company according to the needs of the Company, starting from
the date of the signing of this Agreement and in accordance with that prescribed herein above and below.

 

		3.	IDENTITY OF THE SERVICES PROVIDER

 

		3.1.	The services to the Company on behalf of the Services Provider shall be rendered by Mr. Uri Orbach
only, and the aforesaid is a fundamental condition of this Agreement.

 

		3.2.	The Services Provider shall provide the services to the Company according to the needs of the Company,
amounting to no less than the customary hours of work for an employee working in his position.

 

		3.3.	The Services Provider hereby declares that he knows all that is required for the purposes of the
provision of the services and he undertakes to render the Company with his service with dedication and professionalism, subject
to the Company’s policies, as they shall be from time to time and in accordance with the instructions that he shall be given
from time to time by the Company and, for the purposes of the provision of the Services, to dedicate the best of his abilities,
time and efforts, in an efficient and diligent manner, as agreed under this Agreement.

 

		4.	THE PERIOD OF SERVICE

 

		4.1.	The contract term in accordance with this Agreement shall begin on September 1, 2014 and shall
continue for as long as neither of the parties notifies of their intention to terminate the contract (hereinafter: “Contract
Period”).

 

		4.2.	Notwithstanding the provision of Section 4.1 above, any of the parties to the Agreement is entitled
to terminate the Contract Period under this Agreement, for any reason whatsoever, provided that they gave written notice three
months in advance to the other party, and this will not be considered as a breach of contract (hereinafter: “Advance Notice”
and “Advance Notice Period”, respectively).

 

 

 1
Left blank in the original.

  

    	 	2	 

     

    

 

		4.3.	In any case where one party announces the termination of the Agreement as provided in Section 4.2
above, the Services Provider will continue to provide services under this Agreement until the end of the Advance Notice Period,
provided that the Services Provider will be paid the full consideration in respect of the Advance Notice Period or the outstanding
Advance Notice Period, as applicable. Upon the termination of the contract between the Company and the Services Provider, the Services
Provider undertakes to do all it can to help the Company perform an orderly transition of the role to whomever is so appointed
by the Company.

 

		4.4.	Notwithstanding the provision of Section 4.2, the parties agree that the Company may terminate
the contract with the Services Provider immediately, without notice, in each of the following events:

 

		4.4.1.	The Services Provider fundamentally breaches his obligations under this Agreement.

 

		4.4.2.	The Services Provider is charged with committing a criminal offense involving moral turpitude.

 

		4.4.3.	The Services Provider commences bankruptcy proceedings.

 

		4.4.4.	The Services Provider dies and/or loses legal capacity and/or loses the ability to work for a period
exceeding 45 days.

 

		4.5.	Should the work of the Services Provider end or terminate for any reason, including, but not limited
to, in accordance with the matters aforementioned in this Section, the Services Provider undertakes to return to the Company, to
the place where the Company shall instruct him, immediately and without any delay, any written and/or printed and/or recorded and/or
typed material and/or any other information in his possession.

 

		4.6.	The Services Provider also undertakes to return to the Company any equipment and/or property belonging
to the Company and which is in his possession, in good working order as it was given to the Services Provider, except for any natural
depreciation and amortization in respect of reasonable use of the property.

 

		5.	SUPERVISION BY THE COMPANY

 

The Services Provider, in the
performance of his position, shall be directly subject to the Company’s board of directors.

 

    	 	3	 

     

    

  

		6.	COMPENSATION AND BENEFITS

 

		6.1.	In consideration for the receipt of services by the Services Provider, the Company will pay the
Services Provider a fixed monthly payment of NIS 30,000 (thirty thousand NIS) plus VAT as per the law, in respect of each month,
as against the issuance of a tax invoice (hereinafter: “Monthly Compensation”).

 

		6.2.	In addition, the Company shall provide the Services Provider with a cellular phone for the purposes
of the performance of his position, the cost of which shall be borne by the Company up to a total of NIS 1,000 per month, as detailed
in Annex A, which is attached hereto and constitutes an integral part hereof.

 

		6.3.	In addition, the Company shall provide the Services Provider with a type 4 vehicle, or any other
vehicle for the purpose of the performance of his position in accordance with the Company’s discretion. The valuation of
the vehicle to tax shall be charged by law, as detailed in Annex B, which is attached hereto and constitutes an integral
part hereof.

 

		6.4.	Expenses incurred in Israel and abroad shall be covered according to the Company’s foreign
expenses procedure.

 

		6.5.	In the event that, for any reason whatsoever, the services are not provided by the Services Provider
for a certain period (including military reservist duty), the wages owed to the Services Provider shall be offset, unless for a
cumulative period of up to 22 days per year, which shall not be taken into account for the purpose of the implementation of this
Section. The Services Provider shall report, on a monthly basis, on the absences and the days of military reservist duty performed
each month, except for on weekends.

 

		6.6.	The Monthly Compensation will be up to the 15th day of the month following the rendering
of the services, subject to receipt of a lawful tax invoice from the Services Provider.

 

		6.7.	The Services Provider shall be entitled to a bonus, once a year, in the years 2014-2015 and subject
to the attainment of the following objectives:

 

		6.7.1.	In 2014, the CEO shall be entitled to 5% (five percent) of the net profit of the Company in 2014,
provided that the profit, after the deduction of tax, amounts to at least NIS 1 million;

 

		6.7.2.	In 2015, the CEO shall be entitled to 5% (five percent) of the net profit of the Company in 2014,
provided that the profit, after the deduction of tax, amounts to at least NIS 2 million;

 

    	 	4	 

     

    

  

		7.	OPTIONS

 

The Services Provider shall
be entitled to option warrants in accordance with the Company’s option plan, as detailed in the option plan attached hereto
as Annex C, which constitutes an integral part hereof.

 

		8.	INSURANCE OF OFFICEHOLDERS

 

In the event that the Company
shall become a public company, as defined by the Companies Law, 5759-1999 (hereinafter: “Companies Law”), the
Company undertakes that, subject to the provisions of the Companies Law, it shall include the Services Provider, as a senior officeholder
in the Company, as part of the insurance of the officeholders and directors in the Company, and this under the terms of the insurance
policy for the insurance of officeholders and directors in the Company that shall be determined by the Company, subject to its
approval under the law and the approval of the Company’s competent organs for the terms of the policy and his inclusion as
an officeholder in the Company.

 

		9.	REIMBURSEMENT FOR PERSONAL EXPENSES 

 

		9.1.	The Company shall reimburse the Services Provider for expenses incurred in Israel and abroad –
personal expenses, including per diem, and which are approved by the Company (including retroactively) in connection with the performance
of his position.

 

		9.2.	Transatlantic flights taken as part of the role shall be in business class, and this up to 6 flights
per year and subject to the approval of the management of the Company.

 

		10.	NO EMPLOYER-EMPLOYEE RELATIONSHIP

 

		10.1.	The Services Provider declares that he is the owner of a private business, as part of which he
renders the services to the Company; the Services Provider also declares that he is registered as a Licensed Trader with the VAT
Authority and registered as self-employed with the National Insurance Institute and the Income Tax Authority.

 

		10.2.	The Services Provider declares and undertakes that the nature of this engagement, as detailed in
this Agreement, was expressly requested by him and that he is aware of the implications and consequences of the nature of this
engagement.

 

		10.3.	The Services Provider hereby declares that, as part of the provision of services by him pursuant
to this Agreement, no employer-employee relationship shall or do exist between himself and the Company. 

 

		10.4.	The Services Provider hereby undertakes to indemnify the Company for any claim of any kind whatsoever,
that shall be filed against the Company, the grounds of which concern the question of the existence of an employer-employee relationship
and between the Services Provider or any employees of the Company, whether the claim is submitted by the Services Provider and/or
by an employee of his and/or by his successor and/or legal heir or by any third party.

 

    	 	5	 

     

    

  

		10.5.	Without prejudice to the matters stated in Section 10.1 above, the Services Provider declares that
it is clear to him and that he agrees that the consideration set forth in Section 6 above is based on his declarations in Sections
9.1 to 9.3 above, the representation he made to the Company and the basic premise of the Agreement, that there is no employer-employee
relationship, and neither is one ongoing, between him and the Company.

 

		10.6.	Therefore, the Services Provider agrees that in any event in which he claims and/or demands, in
any way, rights from the Company that arise out of the existence of an employer-employee relationship and/or if it is determined
by a court of law and/or any other entity that an employer-employee relationship exists between him and the Company, notwithstanding
the provisions of this Agreement, the determinable wage as an employee of the Services Provider shall be calculated on a basis
of an amount equal to 70% of the consideration specified in Section 6 above, and the consideration shall be considered as though
having been agreed in the first place, and the Services Provider shall reimburse the Company the difference, in the rate of 30%
of the consideration plus linkage differentials and interest by law, from the date of payment of any consideration to the actual
payment.

 

			The matters stated in this section shall be applicable, whether a claim is raised regarding
                                                                               the existence of an employer-employee relationship in any way and/or if a claim is filed against the Company and/or any
                                                                               company to which the Company is affiliated, by the Services Provider, or whether it will be raised by an employee of the
                                                                               Services Provider and/or his successors and/or his estate and/or his heirs and/or other third party associated with it, and
                                                                               in this respect the Services Provider and/or his estate will be considered as obligated to make the abovementioned
                                                                               restitution, prior to the making of any payment to the Services Provider and/or his estate and/or successors.

 

		10.7.	The matters stated in this section, and all of its sub-sections, is a fundamental term of this
Agreement.

 

		11.	CONFIDENTIALITY, NON-COMPETITION AND CONFLICT OF INTEREST

 

		11.1.	The Services Provider undertakes to keep strictly confidential any data and/or document and/or
knowledge and/or information related to the provision of services to the Company and/or the Company's business activities. The
Services Provider is aware that all such information, which is not in the public domain, constitutes property belonging to the
Company. The aforementioned does not apply to information in the public domain, provided that it did not come into the public domain
as a result of an act or omission by the Services Provider and/or his representative. The above does not derogate from the authority
of the Services Provider to use the information, including to hand it to third parties, within and for the discharge of his duties
as CEO.

 

    	 	6	 

     

    

  

		11.2.	The Services Provider undertakes not to be in conflict of interest with his various businesses
and the service provided by him to the Company. In any event giving rise to a risk of a conflict of interests, the Services Provider
undertakes to notify the Company in advance and to obtain its approval in writing for the action, as described above.

 

		11.3.	If the Services Provider requests to leave his post before the end of the Agreement, he will not
be able to provide services to a company with a business relationship with the Company or a competitor for a period of 12 months
from the end of the Advance Notice Period.

 

		11.4.	The undertakings of the Services Provider under this Section are fundamental undertakings in this
Agreement.

  

		12.	MISCELLANEOUS 

 

		12.1.	The addresses of the parties for the purposes of this Agreement are as follows:

 

		12.1.1.	The Services Provider – Leskovski 16A, Mazkeret Batya.

 

		12.1.2.	The Company - Ha’Adom Street, Kanot Industrial Park, PO Box 7042 Gadera 707000

 

		12.2.	Every notice that is sent from one party to the other shall be deemed delivered at its destination
after 72 hours from the time it is posted via registered post and, if delivered by hand, it shall be deemed as though received
immediately.

 

		12.3.	This Agreement exhausts all the agreements and understanding between the parties with regard to
the provision of the services and annuls any prior agreement and/or understanding.

 

		12.4.	Every amendment and/or cancellation of section of the sections of this Agreement shall only be
effected by a document in writing that shall be signed by both parties.

 

		12.5.	Local jurisdiction for any dispute relating to this Agreement shall only be for the competent court
or tribunal in Tel Aviv.

 

    	 	7	 

     

    

  

IN WITNESS WHEREOF THE PARTIES SIGNED
ON THE DATE STATED IN THE PREAMBLE TO THIS AGREEMENT:

 

	 	  	 
	The Company	 	Uri Orbach
	L & S Light & Strong Ltd.	 	Platforma Consulting and Marketing

 

    	 	8

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