Document:

Exhibit 10.9

 

OEM SUPPLY AGREEMENT AMENDMENT #4

 

This OEM Supply Agreement
Amendment #4 (the “Amendment”) is made and entered into as of the 1st day of July, 2010 by
and between FUJIFILM Dimatix, Inc., formerly known as Spectra Printing, a division of Dimatix, Inc. (“FUJIFILM”)
and Kornit Digital Ltd. (“Kornit”) and Kornit Digital Technologies Ltd., a division of Kornit Digital
Ltd. (collectively, “Company”). All capitalized terms used but not defined herein shall have the meanings assigned
to them in the Agreement, as hereinafter defined.

 

WITNESSETH

 

WHEREAS, FUJIFILM and
Kornit are parties to an OEM Supply Agreement dated January 6, 2006, OEM Supply Agreement Amendment #1 dated September 20,
2006, OEM Supply Agreement Amendment #2 dated September 1, 2007 and OEM Supply Agreement Amendment #3 dated March 17, 2008
(the “Agreement”), under which FUJIFILM provides to Kornit, and Kornit procures from FUJIFILM, certain FUJIFILM products
for incorporation with Company products; and

 

WHEREAS, FUJIFILM and
Company desire to amend the Agreement as hereinafter set forth.

 

NOW, THEREFORE, the
parties hereto agree as follows:

 

Amendments:

 

1.          Section
2.4 is hereby deleted in its entirety and replaced with the following new Section 2.4:

 

2.4 Kornit
will provide FUJIFILM with a written report, no later than  thirty (30) days following the end of  each calendar quarter
during the Term, describing (i) the amount, type and price of all Ink sold, leased or otherwise disposed of, for use with
Kornit Product during such period, together with a detailed calculation sufficient to establish a state of Royalties due for
such quarter, and (ii) Royalties, if any, due pursuant to Schedule 2 for Kornit Products sold during such period. Kornit will pay
any Royalties due on a bi-annual basis (June 30 and December 31 of each year). FUJIFILM shall have the right to audit the
books and records of Kornit [***] during the Term to verify the Royalties paid and applicable [***] reports. The audit shall
be conducted by an accounting firm designated by FUJIFILM. If any such audit discloses an underpayment of Royalties, Kornit
will pay the shortfall immediately upon receipt of written notice. If such shortfall exceeds [***] percent ([***]%) of
the Royalties due, Kornit shall also reimburse FUJIFILM for the costs of the audit.

 

2.          Schedule
2 of the Agreement is hereby deleted in its entirety and replaced with the attached Schedule 2.

 

*** Confidential treatment has been requested
for redacted portions of this exhibit. This copy omits the information subject to the confidentiality request. Omissions are designated
as [***]. A complete version of this exhibit has been provided separately to the Securities and Exchange Commission.

 

    	1

    	 

    

 

3.          Each
reference to Kornit Digital Ltd. contained in the Agreement, shall from and after the above written date above be changed to include
Kornit Digital Technologies Ltd.

 

Additional Amendments:

 

1.          Section
7.9 of the Agreement is hereby changed by replacing the address for notices to be sent to FUJIFILM to read as follows:

 

“In the case of
FUJIFILM:

 

Chief Executive Officer

FUJIFILM Dimatix, Inc.

2230 Martin Avenue

Santa Clara, CA 95050

Facsimile: (408) 565-9151

 

with a copy to:

FUJIFILM Holdings America Corporation

200 Summit Lake Drive

Valhalla, NY 10595-1356

Attn: Legal Department

Facsimile: (914) 789-8514

E-mail: Legal Department@fujifilm.com

 

2.          This
Amendment will be effective as of the date above written.

 

3.          The
Agreement is amended only as expressly provided herein and otherwise remains unchanged in all respects.

 

IN WITNESS WHEREOF,
the parties hereto have caused this Amendment to be executed by their duly authorized representatives as of the date above written.

 

	

        FUJIFILM DIMATIX, INC.
	KORNIT DIGITAL LTD
	 	 	 	 	 
	By:	/s/ Martin Schoeppler	 	By:	/s/ Ofer Ben-Zur
	Name:	Martin Schoeppler	 	Name:	Ofer Ben-Zur
	Title:  	CEO and President	 	Title:	CEO
	 	 	 	 	 
	 	 	 	KORNIT DIGITAL TECHNOLOGIES LTD.
	 	 	 	 	 
	 	 	 	By:	/s/ Ofer Ben-Zur
	 	 	 	Name:	Ofer Ben-Zur
	 	 	 	Title:	CEO

 

*** Confidential treatment has been requested
for redacted portions of this exhibit. This copy omits the information subject to the confidentiality request. Omissions are designated
as [***]. A complete version of this exhibit has been provided separately to the Securities and Exchange Commission.

 

    	2

    	 

    

  

SCHEDULE 2 

 

PRICES FOR FUJIFILM PRODUCTS

 

The following prices include standard
packaging.

 

A.           PRINTHEADS
and JETTING ASSEMBLIES

 

	PART NUMBER	 	DESCRIPTION	 	ORDER QTY	 	UNIT PRICE	 
	 	 	 	 	 	 	 	 
	05536	 	Nova JA 256/80 AAA	 	 	 	$	[***]	*
	 	 	 	 	 	 	 	 	 
	09493	 	Galaxy JA 256/80 AAA	 	[***]	 	$	[***]	 

 

*Note - This pricing is based on Kornit
taking delivery of a minimum of [***] Nova JA 256/80 AAA units for the period July 1, 2010 through June 30, 2011. If the volume
is not achieved, FUJIFILM reserves the right to increase pricing to $[***] for future units.

 

B.           PRICE
INCREASES

 

Beginning twelve (12) months after
the Effective Date, FUJIFILM may, by written notice delivered ninety (90) days  in advance to Kornit, increase prices
for FUJIFILM Products listed on this Schedule 2. Price increases will not apply to orders that are non-cancelable
and non-deferrable (pursuant to Schedule 1) at the time of notice of the increase. Any notice of price increase in
accordance with the foregoing shall constitute an amendment to this Schedule 2.

 

C.           ROYALTIES

 

		1)	Kornit shall pay to FUJIFILM a Royalty
                                         equal to five  percent (5%) of the total amount received by Kornit (net of returns,
                                         allowances, sales and use taxes) upon the sale to a Third Party Customer of Ink for use
                                         in Kornit Products, except FUJIFILM Ink.

 

		2)	If Kornit does not supply Ink to
                                         a Third Party Customer for use in Kornit Products then Kornit shall, in lieu of paying
                                         the  five percent (5%) Royalty referenced in subsection 1) above, pay to FUJIFILM
                                         a Royalty equal to two  percent (2%) of the total amount received by Kornit (net
                                         of returns, allowances, sales and use taxes) upon the sale to a Third Party Customer
                                         of Kornit Products, in addition to the price paid for such Kornit Product pursuant to
                                         this Schedule 2.

 

		3)	The first $500,000 of ink sales (on
                                         an annual basis, with annual being January 1 to December 31) is not subject to the royalty
                                         provisions under Section 1 above.

 

*** Confidential treatment has been requested
for redacted portions of this exhibit. This copy omits the information subject to the confidentiality request. Omissions are designated
as [***]. A complete version of this exhibit has been provided separately to the Securities and Exchange Commission.

 

    	3Exhibit 10.10

 

OEM SUPPLY AGREEMENT PRICING AMENDMENT
#5

 

This OEM Supply Agreement
Pricing Amendment #5 (the “Amendment”) is made and entered into as of the 4th day of October, 2011 by and between
FUJIFILM Dimatix, Inc., formerly known as Spectra Printing, a division of Dimatix, Inc. (“FUJIFILM”) and Kornit
Digital Ltd. and Kornit Digital Technologies Ltd., a division of Kornit Digital Ltd. (“Company”). All capitalized
terms used but not defined herein shall have the meanings assigned to them in the Agreement, as hereinafter defined.

 

WITNESSETH

 

WHEREAS, FUJIFILM and
Company are parties to an OEM Supply Agreement dated January 6, 2006, OEM Supply Agreement Amendment #1 dated September 20,
2006, OEM Supply Agreement Amendment #2 dated September 1, 2007, OEM Supply Agreement Amendment #3 dated March 17, 2008 and OEM
Supply Agreement Amendment #4 dated July 1, 2010 (the “Agreement”), under which FUJIFILM provides to Company,
and Company procures from FUJIFILM, certain FUJIFILM products for incorporation with Company products; and

 

WHEREAS, FUJIFILM and
Company desire to amend the Agreement as hereinafter set forth.

 

NOW, THEREFORE, the
parties hereto agree as follows:

 

1.         Schedule
2 of the Agreement is hereby deleted in its entirety and a new Schedule 2 is attached.

 

Additional Amendments:

 

1.         Section
7.9 of the Agreement is hereby changed by replacing the address for notices to be sent to FUJIFILM to read as follows:

 

“In the
case of FUJIFILM:

Chief Executive
Officer

FUJIFILM Dimatix, Inc.

2230 Martin Avenue

Santa Clara, CA 95050

Facsimile: (408) 565-9151

with a copy to:

FUJIFILM Holdings America Corporation

200 Summit Lake Drive

Valhalla, NY 10595-1356

Attn: Legal Department

Facsimile: (914) 789-8514

E-mail: legaldep artment@fujifilm.com

 

*** Confidential treatment has been requested
for redacted portions of this exhibit. This copy omits the information subject to the confidentiality request. Omissions are designated
as [***]. A complete version of this exhibit has been provided separately to the Securities and Exchange Commission.

 

    	 

    	 

    

 

2.         This
Amendment will be effective as of the date above written.

 

3.         The
Agreement is amended only as expressly provided herein and otherwise remains unchanged in all respects.

 

IN WITNESS WHEREOF,
the parties hereto have caused this Amendment to be executed in duplicate originals, or in signed fax copies to be followed by
duplicate originals by their duly authorized representatives as of the date above written.

	 	 	 	 	 	 
	FUJIFILM DIMATIX INC.	 	KORNIT DIGITAL LTD.
	 	 	 	 	 
	By:	/s/ Martin Schoeppler 	 	By:	/s/ Ofer Ben-Zur
	Name: Martin Schoeppler	 	 	Name:	Ofer Ben-Zur
	 	 	 	 	 
	Title: CEO and President	 	 	Title:	CEO
	 	 	 
	 	 	KORNIT DIGITALTECHNOLOGIES LTD.
	 	 	 	 
	 	 	By:	/s/ Ofer Ben-Zur
	 	 	 	 
	 	 	Name:	Ofer Ben-Zur
	 	 	 	 
	 	 	Title:	 CEO

 

*** Confidential treatment has been requested
for redacted portions of this exhibit. This copy omits the information subject to the confidentiality request. Omissions are designated
as [***]. A complete version of this exhibit has been provided separately to the Securities and Exchange Commission.

 

    	2

    	 

    

 

SCHEDULE 2

PRICES FOR FUJIFILM PRODUCTS

 

The following prices include standard
packaging.

 

		A.	PRINTHEADS
                                         and JETTING ASSEMBLIES

 

	PART NUMBER	DESCRIPTION	ORDER QTY	 	UNIT PRICE
	 	 	 	 	 
	05536	Nova JA 256/80 AAA	[***]	$	[***]
	 	 	 	 	 
	09493	Galaxy JA 256/80 AAA	[***]	$	[***]

 

		B.	PRICE
                                         INCREASES

 

Beginning  twelve (12) months
after the Effective Date, FUJIFILM may, by written notice delivered  ninety (90) days in advance to Kornit, increase prices
for FUJIFILM Products listed on this Schedule 2. Price increases will not apply to orders that are non-cancelable and non-
deferrable (pursuant to Schedule 1) at the time of notice of the increase. Any notice of price increase in accordance with
the foregoing shall constitute an amendment to this Schedule 2.

 

		C.	ROYALTIES

 

		1)	Kornit shall pay to FUJIFILM a Royalty
                                         equal to  five percent (5%) of the total amount received by Kornit (net of returns,
                                         allowances, sales and use taxes) upon the sale to a Third Party Customer of Ink for use
                                         in Kornit Products, except FUJIFILM Ink.

 

		2)	If Kornit does not supply Ink to
                                         a Third Party Customer for use in Kornit Products then Kornit shall, in lieu of paying
                                         the  five percent (5%) Royalty referenced in subsection 1) above, pay to FUJIFILM
                                         a Royalty equal to two percent (2%) of the total amount received by Kornit (net
                                         of returns, allowances, sales and use taxes) upon the sale to a Third Party Customer
                                         of Kornit Products, in addition to the price paid for such Kornit Product pursuant to
                                         this Schedule 2.

 

		3)	The first $500,000 of ink sales (on
                                         an annual basis, with annual being January 1 to December 31) is not subject to the royalty
                                         provisions under Section 1 above.

 

		D.	REBATE
                                         PROGRAM

 

Kornit shall earn a per machine
rebate for Galaxy JA 256/80 AAA Printheads (7 printheads per machine) that are used in the Kornit Breeze Direct on Garment Entry
Level Printer. The rebate will be $[***] per printer shipped by Kornit ($[***] rebate x 7 printheads). The rebate will be issued
as a credit toward current or new invoices for purchases of FUJIFILM Products. This rebate program became effective June 1, 2010.

 

*** Confidential treatment has been requested
for redacted portions of this exhibit. This copy omits the information subject to the confidentiality request. Omissions are designated
as [***]. A complete version of this exhibit has been provided separately to the Securities and Exchange Commission.

 

    	3

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