Document:

20-F

Exhibit 4.2  

REGISTRATION RIGHTS
AGREEMENT 

BY AND AMONG 

CIMATRON LTD. 

AND 

KOONRAS TECHNOLOGIES
LTD. 

D.B.S.I. INVESTMENTS LTD. 

DATED JUNE 3, 2007 

REGISTRATION RIGHTS
AGREEMENT 

        THIS
REGISTRATION RIGHTS AGREEMENT (the “Agreement”) is entered into as of
the 3rd day of June, 2007, by and among CIMATRON LTD., a company
incorporated under the laws of the State of Israel (the “Company”), KOONRAS
TECHNOLOGIES LTD., a company incorporated under the laws of the State of Israel
(“Koonras”) and D.B.S.I. INVESTMENTS LTD., a company
incorporated under the laws of the State of Israel (“DBSI”). 

        WHEREAS,
Koonras and DBSI are holders of the Company’s Ordinary Shares, par value NIS 0.1 each
(“Ordinary Shares”); 

        WHEREAS,
the parties wish to set provisions governing the registration of the Company’s
Ordinary Shares held by the Holders, as set forth herein. 

        NOW,
THEREFORE, the parties agree as follows: 

     1.    
          DEFINITIONS. 

        As
used in this Agreement the following terms shall have the following respective meanings: 

        1.1.              “Board” means
the Board of Directors of the Company.  

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

        1.3.              “Form
F-1” means such form under the Securities Act as in           effect on the date
hereof or any successor or similar registration form under           the Securities Act
subsequently adopted by the SEC.  

        1.4.              “Form
F-3” means such form under the Securities Act as in           effect on the date
hereof or any successor or similar registration form under           the Securities Act
subsequently adopted by the SEC, which permits inclusion or           incorporation of
substantial information by reference to other documents filed           by the Company
with the SEC.  

        1.5.              “Holder(s)” means
Koonras and/or DBSI so long as they own of           record of Registrable Securities or
any assignee of record of such Registrable           Securities in accordance with the
provisions of this Agreement.  

        1.6.              “Prospectus” means
the prospectus included in the registration           statement, as amended or
supplemented by any prospectus supplement and by all           other amendments thereto
and all material incorporated by reference in such           prospectus.  

        1.7.              “Register,” “registered,” and
          “registration” refer to a registration effected by preparing
          and filing a registration statement in compliance with the Securities Act, and
          the declaration or ordering of effectiveness of such registration statement or
          document.  

        1.8.              “Registrable
Securities” means all Ordinary Shares owned of           record now or in the
future by the Holders, and any and all securities issued or           issuable with
respect thereto upon any stock split or stock dividend, or into           which such
Ordinary Shares have been or may be converted to or exchanged into in
          connection with any merger, consolidation, recapitalization or similar event,
          until the earliest of (i) its effective registration under the Securities
          Act and resale in accordance with the registration statement covering it, or
          (ii) or its sale to the public pursuant to Rule 144.  

        1.9.              “Registration
Expenses” shall mean all expenses incurred by the           Company in complying
with Sections 2.2, 2.3 and 2.4 hereof, including, without           limitation, all
registration and filing fees, printing expenses, fees and           disbursements of
counsel for the Company, reasonable fees and disbursements of a           single special
counsel for the Holders (selected by Holders of the majority of           the Registrable
Securities requesting such registration), blue sky fees and           expenses and the
expense of any special audits incident to or required by any           such registration,
but excluding Selling Expenses.  

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        1.10.              “Rule
144” means Rule 144 under the Securities Act, as such           Rule may be
amended from time to time.  

        1.11.              “SEC” or
“Commission” means the United States           Securities and Exchange
Commission.  

        1.12.              “SecuritiesAct” shall
mean the Securities Act of 1933,           as amended, and the rules and regulations
promulgated thereunder.  

        1.13.              “SellingExpenses” shall
mean, with respect to each           Holder, its underwriting discounts and/or
commissions, placement agent or broker           fees and commissions and transfer taxes,
if any, in connection with the sale of           securities by such Holder.  

     2.    
          DEMAND REGISTRATION. 

        2.1.    Request
for Registration. Subject to the conditions of this Section 2, if           the
Company shall receive a written request from Holders of 70% of the           Registrable
Securities (the “Initiating Holders”) that the           Company file a
registration statement on Form F-1 covering the registration of           Registrable
Securities having an anticipated aggregate offering proceeds for the
          Registrable Shares to be registered, net of underwriting discounts and
          commissions, exceeding $1,000,000, then the Company shall, within thirty (30)
          days of the delivery thereof, give written notice of such request to all
          Holders, and subject to the limitations of this Section 2, and use its best
          efforts to effect, as promptly as reasonably possible, the registration under
          the Securities Act of the Registrable Securities that the Holders as are
          specified in the Initiating Holders’ request, together with the
Registrable           Securities of any Holder(s) joining in such request as are
specified in a           written request received by the Company within the above 30-day
period.  

        2.2.    Underwritten
Offering.  

	 	        2.2.1.              If
the Initiating Holders intend to distribute the Registrable Securities           covered
by their request by means of an underwriting, they shall so advise the           Company
as a part of their request made pursuant to this Section 2 or any           request
pursuant to Section 4 and the Company shall include such information in           the
written notice referred to in Section 2.1 or Section 4.1, as applicable. In
          such event, the right of any Holder to include its Registrable Securities in
          such registration shall be conditioned upon such Holder’s participation in
          such underwriting and the inclusion of such Holder’s Registrable
Securities           in the underwriting to the extent provided herein. All Holders
proposing to           distribute their securities through such underwriting shall enter
into an           underwriting agreement in customary form with an internationally
recognized           underwriter(s) designated for such underwriting as the lead or
managing           underwriter(s) by the Initiating Holders, who shall be acceptable to
the           Company, its acceptance not to be unreasonably withheld.  

	 	        2.2.2.              Notwithstanding
any other provision of this Section 2 or Section 4, if the           underwriter advises
the Company that marketing factors require a limitation of           the number of
securities to be underwritten (including Registrable Securities)           then the
Company shall so advise all Holders of Registrable Securities which           would
otherwise be underwritten pursuant hereto, and the number of shares that           may be
included in the underwriting shall be allocated to the Holders of such
          Registrable Securities so requested to be registered on a pro rata basis based
          on the number of Registrable Securities held by all such Holders (including the
          Initiating Holders); provided, however, that the number of shares of
Registrable           Securities to be included in such underwriting and registration
shall not be           reduced unless all other securities of the Company are first
entirely excluded           from the underwriting and registration. Any Registrable
Securities excluded or           withdrawn from such underwriting shall be withdrawn from
the registration.  

        2.3.    Exclusions.
The Company shall not be required to effect a registration           pursuant to this
Section 2 (without limiting any other provisions of this           Section 2 to that
effect):  

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	 	        2.3.1.              After
the Company has effected two (2) registrations pursuant to this Section 2,           and
such registrations have been declared or ordered effective;  

	 	        2.3.2.              During
the period starting with the date of filing of, and ending on the date           one
hundred eighty (180) days following the effective date of the registration
          statement pertaining to the Company’s securities; provided that the
Company           makes reasonable good faith efforts to cause such registration
statement to           become effective;  

	 	        2.3.3.              If
within ten (10) days of receipt of a written request from Initiating Holders
          pursuant to Section 2.1, the Company gives notice to the Holders of the
          Company’s good faith intention to file a registration statement for a
          public offering for a sale of the Company’s shares for its own account
          within ninety (90) days, provided that the Company actually files such
          registration statement within such ninety (90) days and makes reasonable good
          faith efforts to cause such registration statement to become effective;  

	 	        2.3.4.              If
the Company shall furnish to Holders requesting a registration statement
          pursuant to this Section 2, an officer’s certificate signed by order of
the           Board stating that in the good faith judgment of the Board, it would be
          seriously detrimental to the Company and its shareholders for such registration
          statement to be effected at such time, in which event the Company shall have
the           right to defer such filing for a period of not more than one hundred and
twenty           (120) days after receipt of the request of the Initiating Holders;
provided that           such right to delay a request shall be exercised by the Company
not more than           once in any twelve (12) month period; or  

     3.    
          PIGGYBACK REGISTRATIONS. 

        3.1.    Notice
of Registration. The Company shall notify all Holders of           Registrable
Securities in writing at least thirty (30) days prior to the filing           of any
registration statement under the Securities Act for purposes of a public
          offering of securities of the Company for cash (but other than registration
          relating solely to employee benefit plans on Form F-8 or similar forms that may
          be promulgated in the future, or a registration relating solely to a Commission
          Rule 145 transaction on Form F-4 or similar forms that may be promulgated in
the           future) and will afford each such Holder requesting to be included in such
          registration, in accordance with this Section 3.1, an opportunity to include in
          such registration statement all or part of such Registrable Securities held by
          such Holder. Each Holder desiring to include in any such registration statement
          all or any part of the Registrable Securities held by it shall, within twenty
          (20) days after delivery of the above-described notice by the Company, so
notify           the Company in writing specifying the number of Registrable Shares
requested to           be included. If a Holder decides not to include all of its
Registrable           Securities in any registration statement thereafter filed by the
Company, such           Holder shall nevertheless continue to have the right to include
any Registrable           Securities in any subsequent registration statement or
registration statements           as may be filed by the Company with respect to
offerings of its securities, all           upon the terms and conditions set forth
herein.  

        3.2.    Underwritten
Offering. 

	 	        3.2.1.              If
the registration statement under which the Company gives notice under this
          Section 3 is for an underwritten offering, the Company shall so advise the
          Holders of Registrable Securities as part of its notice made pursuant to
Section           3.1. In such event, the right of any such Holder to be included in a
          registration pursuant to this Section 3 shall be conditioned upon such
          Holder’s participation in such underwriting and the inclusion of such
          Holder’s Registrable Securities in the underwriting to the extent provided
          herein. All Holders proposing to distribute their Registrable Securities
through           such underwriting shall enter into an underwriting agreement in
customary form           with the underwriter or underwriters selected for such
underwriting by the           Company.  

	 	        3.2.2.              Notwithstanding
any other provision of this Agreement, if the underwriter           determines in good
faith that marketing factors require a limitation of the           number of shares to be
underwritten, the number of shares that may be included           in the underwriting
shall be allocated, first, to the Company; second, to the           Holders pro-rata,
based on the total number of Registrable Securities held by           the Holders; and
third, to any shareholder of the Company (other than a Holder)           on a pro rata
basis. Any Registrable Securities excluded or withdrawn from such           underwriting
shall be excluded and withdrawn from the registration.  

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        3.3.    Right
to Terminate Registration. The Company shall have the right to           terminate or
withdraw any registration initiated by it under this Section 3           prior to the
effectiveness of such registration, whether or not any Holder has           elected to
include securities in such registration. The Registration Expenses of           such
withdrawn registration shall be borne by the Company in accordance with           Section
5 hereof.  

     4.    
          SHELF REGISTRATION STATEMENT REGISTRATION. 

        4.1.              Subject
to the conditions of this Section 4, if the Company shall receive a           written
request(s) from any Holder(s) of Registrable Securities that the Company           file a
registration statement for an offering to be made on a delayed or           continuous
basis pursuant to Rule 415 of the Securities Act registering the           resale
from time to time by the Holders thereof of all of the relevant           Registrable
Securities (the “Shelf Registration Statement”),           then the
Company shall, within thirty (30) days of the delivery thereof, give           written
notice of such request to all Holders, which may elect to join in such           request,
as specified in a written request given within fifteen (15) days after           delivery
of the Company’s written notice. The Shelf Registration Statement           shall be
on Form F-3 or another appropriate registration statement           permitting
registration of such Registrable Securities for resale by the Holders           in
accordance with the methods of distribution elected by them and set forth in
          such Shelf Registration Statement. The Company shall use its best efforts to
          cause the Shelf Registration Statement to be declared effective under the
          Securities Act within 3 months after the Holders initial request in accordance
          with this Section and to keep such Shelf Registration Statement continuously
          effective under the Securities Act until the expiration of five (5) years (the
          “Registration Period”) from the date the Shelf Registration is
          declared effective by the SEC.  

        4.2.    Exclusions.
The Company shall not be required to effect a registration           pursuant to this
Section 4 (without limiting any other provisions of this           Section 4 to that
effect):  

	 	        4.2.1.              After
the Company has effected four (4) registrations pursuant to this Section           4, and
such registrations have been declared or ordered effective;  

	 	        4.2.2.     If
          Form F-3 is not available for such offering by the Holders, or  

	 	        4.2.3.              If
it is requested to effect more than two (2) registrations under this Section           4
in any twelve (12) month period;  

	 	        4.2.4.              If
within ten (10) days of receipt of a written request from any Holder or           Holders
pursuant to this Section 4, the Company gives notice to such Holder or           Holders
of the Company’s good faith intention to file a registration           statement for
a public offering within ninety (90) days, provided that the           Company actually
files such registration statement within such ninety (90) days           and makes
reasonable good faith efforts to cause such registration statement to           become
effective;  

	 	        4.2.5.              If
the Company shall furnish to the Holders requesting a registration statement
          pursuant to this Section 2, an officer’s certificate signed by order of
the           Board stating that in the good faith judgment of the Board, it would be
          seriously detrimental to the Company and its shareholders for such Shelf
          Registration Statement to be effected at such time, in which event the Company
          shall have the right to defer the filing of the Shelf Registration Statement
for           a period of not more than one hundred and twenty (120) days after receipt
of the           request of the Holder or Holders under this Section 4; provided, that
such right           to delay a request shall be exercised by the Company not more than
once in any           twelve (12) month period, or  

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	 	        4.2.6.              In
any particular jurisdiction in which the Company would be required to qualify
          to do business or to execute a general consent to service of process in
          effecting such registration, qualification or compliance.  

        4.3.    Suspension.  

	 	        4.3.1.              In
addition to any suspension rights under subsection 4.3.2 below, upon the
          happening of any pending corporate development, public filing with the SEC or
          similar event, that, in the judgment of the Company’s Board, renders it
          advisable to suspend the use of the Prospectus or upon the request by an
          underwriter in connection with an underwritten public offering of the
          Company’s securities, the Company may, on not more than two (2) occasions
          for not more than thirty (30) days on each such occasion, suspend use of the
          Prospectus, on written notice to each Holder (which notice will not disclose
the           content of any material non-public information and will indicate the date
of the           beginning and end of the intended period of suspension, if known), in
which case           each Holder shall discontinue disposition of Registrable Securities
covered by           the registration statement or Prospectus until copies of a
supplemented or           amended Prospectus are distributed to the Holders or until the
Holders are           advised in writing by the Company that sales of Registrable
Securities under the           applicable Prospectus may be resumed and have received
copies of any additional           or supplemental filings that are incorporate or deemed
incorporated by reference           in any such Prospectus. The suspension and notice
thereof described in this           Section 4.3 shall be held by each Holder in strictest
confidence and shall not           be disclosed by such Holder.  

	 	        4.3.2.              Subject
to subsection 4.3.3 below, in the event of: (i) any request by the SEC           or any
other federal or state governmental authority during the Registration           Period
for amendments or supplements to a registration statement or related           prospectus
or for additional information, (ii) the issuance by the SEC or any           other
federal or state governmental authority of any stop order suspending the
          effectiveness of a registration statement or the initiation of any proceedings
          for that purpose, (iii) the receipt by the Company of any notification with
          respect to the suspension of the qualification or exemption from qualification
          of any of the Registrable Securities for sale in any jurisdiction or the
          initiation of any proceeding for such purpose, or (iv) any event or
circumstance           which necessitates the making of any changes in the registration
statement or           Prospectus, or any document incorporated or deemed to be
incorporated therein by           reference, so that, in the case of the registration
statement, it will not           contain any untrue statement of a material fact or any
omission to state a           material fact required to be stated therein or necessary to
make the statements           therein not misleading, and that in the case of the
Prospectus, it will not           contain any untrue statement of a material fact or any
omission to state a           material fact required to be stated therein or necessary to
make the statements           therein, in the light of the circumstances under which they
were made, not           misleading, then the Company shall deliver a certificate in
writing to the           Holders (the “Suspension Notice”) to the effect
of the           foregoing (which notice will not disclose the content of any material
non-public           information and will indicate the date of the beginning and end of
the intended           period of suspension, if known), and, upon receipt of such
Suspension Notice,           the Holders will discontinue disposition of Registrable
Securities covered by           the registration statement or Prospectus (a “Suspension”)
until           the Holders’ receipt of copies of a supplemented or amended
Prospectus           prepared and filed by the Company, or until the Holders are advised
in writing           by the Company that the current Prospectus may be used, and have
received copies           of any additional or supplemental filings that are incorporated
or deemed           incorporated by reference in any such prospectus. In the event of any
          Suspension, the Company will use its commercially reasonable efforts to cause
          the use of the Prospectus so suspended to be resumed as soon as possible after
          delivery of a Suspension Notice to the Holders. The Suspension and Suspension
          Notice described in this Section 4.3 shall be held by each Holder in strictest
          confidence and shall not be disclosed by such Holder.  

	 	        4.3.3.              Provided
that a Suspension is not then in effect, the Holders may sell           Registrable
Securities under the registration statement, provided that the           selling Holder
arranges for delivery of a current Prospectus to the transferee           of such
Registrable Securities to the extent such delivery is required by           applicable
law.  

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        4.4.              Registrations
effected pursuant to this Section 4 shall not be counted as           demands for
registration or registrations effected pursuant to Sections 2 or 3,
          respectively.  

     5.    
          EXPENSES OF REGISTRATION. 

        5.1.              Except
as specifically provided herein, all Registration Expenses incurred in
          connection with any registration, qualification or compliance pursuant to
          Sections 2, 3 or 4 herein shall be borne by the Company. All Selling Expenses
          incurred in connection with any registrations hereunder, shall be borne by the
          holders of the securities so registered, pro rata on the basis of the number of
          shares so registered.  

     6.    
          OBLIGATIONS OF THE COMPANY. 

        6.1.              Whenever
required to effect the registration of any Registrable Securities, the           Company
shall, as expeditiously as reasonably possible:  

	 	        6.1.1.              Prepare
and file with the SEC a registration statement with respect to such           Registrable
Securities and use its commercially reasonable best efforts to cause           such
registration statement to become effective, and, upon the request of the
          Holders of a majority of the Registrable Securities registered thereunder, keep
          such registration statement effective for up to thirty (30) days (and in the
          case of registration pursuant to Section 4 one hundred during the Registration
          Period) or, if earlier, until the Holder or Holders have completed the
          distribution related thereto.  

	 	        6.1.2.              Prepare
and file with the SEC such amendments and supplements to such           registration
statement and the prospectus used in connection with such           registration
statement as may be necessary to comply with the provisions of the           Securities
Act with respect to the disposition of all securities covered by such
          registration statement for the period set forth in paragraph (a) above.  

	 	        6.1.3.              Furnish
to the Holders such number of copies of a prospectus, including a           preliminary
prospectus, in conformity with the requirements of the Securities           Act, and such
other documents as they may reasonably request in order to           facilitate the
disposition of Registrable Securities owned by them.  

	 	        6.1.4.              Use
its reasonable efforts to register and qualify the securities covered by           such
registration statement under such other securities or Blue Sky laws of such
          jurisdictions as shall be reasonably requested by the Holders; provided that
the           Company shall not be required in connection therewith or as a condition
thereto           to qualify to do business or to file a general consent to service of
process in           any such states or jurisdictions.  

	 	        6.1.5.              In
the event of any underwritten public offering, enter into and perform its
          obligations under an underwriting agreement, in usual and customary form, with
          the managing underwriter(s) of such offering. Each Holder participating in such
          underwriting shall also enter into and perform its obligations under such an
          agreement.  

	 	        6.1.6.              Notify
each Holder of Registrable Securities covered by such registration           statement at
any time when a prospectus relating thereto is required to be           delivered under
the Securities Act of the happening of any event as a result of           which the
prospectus included in such registration statement, as then in effect,           includes
an untrue statement of a material fact or omits to state a material           fact
required to be stated therein or necessary to make the statements therein           not
misleading in the light of the circumstances then existing. The Company will
          use reasonable efforts to amend or supplement such prospectus in order to cause
          such prospectus not to include any untrue statement of a material fact or omit
          to state a material fact required to be stated therein or necessary to make the
          statements therein not misleading in the light of the circumstances then
          existing.  

	 	        6.1.7.              Use
its reasonable efforts to furnish, on the date that such Registrable           Securities
are delivered to the underwriters for sale, if such securities are           being sold
through underwriters, (i) an opinion, dated as of such date, of the           counsel
representing the Company for the purposes of such registration, in form           and
substance as is customarily given to underwriters in an underwritten public
          offering, addressed to the underwriters, if any, and (ii) a letter, dated as of
          such date, from the independent certified public accountants of the Company, in
          form and substance as is customarily given by independent certified public
          accountants to underwriters in an underwritten public offering addressed to the
          underwriters.  

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	 	        6.1.8.              Cause
all such Registrable Securities registered pursuant hereunder to be listed           on
each securities exchange on which similar securities issued by the Company           are
then listed.  

     7.    
          DELAY OF REGISTRATION; FURNISHING INFORMATION. 

        7.1.              It
shall be a condition precedent to the obligations of the Company to take any
          action pursuant to Section 2, 3 or 4 that the selling Holders shall furnish to
          the Company such information regarding themselves, the Registrable Securities
          held by them and the intended method of disposition of such securities as shall
          be reasonably required to effect the registration of their Registrable
          Securities and so requested in writing by the Company.  

        7.2.              The
Company shall have no obligation with respect to any registration requested
          pursuant to Section 2 if, due to the operation of subsection 2.2, the number of
          shares or the anticipated aggregate offering price of the Registrable
Securities           to be included in the registration does not equal or exceed the
number of shares           or the anticipated aggregate offering price required to
originally trigger the           Company’s obligation to initiate such registration
as specified in Section           2.  

     8.    
          INDEMNIFICATION. 

        In
the event any Registrable Securities are included in a registration statement under
Sections 2, 3 or 4: 

        8.1.              To
the extent permitted by law, the Company will indemnify and hold harmless           each
Holder, its affiliates, the partners, officers, directors and shareholders           of
each Holder, legal counsel and accountants for each Holder, any underwriter           (as
defined in the Securities Act) for such Holder and each person, if any, who
          controls such Holder or underwriter within the meaning of the Securities Act or
          the Exchange Act, against any losses, claims, damages, or liabilities (joint or
          several) to which they may become subject under the Securities Act, the
Exchange           Act or other federal or state law, insofar as such losses, claims,
damages or           liabilities (or actions in respect thereof) arise out of or are
based upon any           of the following statements, omissions or violations
(collectively a           “Violation”) by the Company: (i) any untrue
statement or           alleged untrue statement of a material fact contained in such
registration           statement, including any preliminary prospectus or final
prospectus contained           therein or any amendments or supplements thereto, (ii) the
omission or alleged           omission to state therein a material fact required to be
stated therein, or           necessary to make the statements therein not misleading, or
(iii) any violation           or alleged violation by the Company of the Securities Act,
the Exchange Act, any           state securities law or any rule or regulation
promulgated under the Securities           Act, the Exchange Act or any state securities
law in connection with the           offering covered by such registration statement; and
the Company will pay as           incurred to each such Holder, its affiliates, partners,
officers, directors, any           underwriter (as defined in the Securities Act) for
such Holder and each person,           if any, who controls such Holder or underwriter
within the meaning of the           Securities Act or the Exchange Act, for any legal or
other expenses reasonably           incurred by them in connection with investigating or
defending any such loss,           claim, damage, liability or action; provided however,
that the indemnity           agreement contained in this Section 8.1 shall not apply to
amounts paid in           settlement of any such loss, claim, damage, liability or action
if such           settlement is effected without the consent of the Company, which
consent shall           not be unreasonably withheld, nor shall the Company be liable in
any such case           for any such loss, claim, damage, liability or action to the
extent that it           arises out of or is based upon a Violation which occurs in
reliance upon and in           conformity with written information furnished expressly
for use in connection           with such registration by such Holder, partner, officer,
director, underwriter           or controlling person of such Holder.  

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        8.2.              To
the extent permitted by law, each Holder will, if Registrable Securities held
          by such Holder are included in the securities as to which such registration
          qualifications or compliance is being effected, indemnify and hold harmless the
          Company, each of its directors, its officers, directors, shareholders, legal
          counsel and accountants for the Company and each person, if any, who controls
          the Company within the meaning of the Securities Act, any underwriter and any
          other Holder selling securities under such registration statement or any of
such           other Holder’s its affiliates, partners, directors, shareholders or
          officers, legal counsel and accountants for each Holder, any underwriter (as
          defined in the Securities Act) for such Holder or any person who controls such
          Holder or underwriter within the meaning of the Securities Act or the Exchange
          Act, against any losses, claims, damages or liabilities (joint or several) to
          which the Company or any such director, officer, controlling person,
underwriter           or other such Holder, or partner, director, officer or controlling
person of           such other Holder may become subject under the Securities Act, the
Exchange Act           or other federal or state law, insofar as such losses, claims,
damages or           liabilities (or actions in respect thereto) arise out of or are
based upon any           Violation, in each case to the extent (and only to the extent)
that such           Violation occurs in reliance upon and in conformity with written
information           furnished by such Holder under an instrument duly executed by such
Holder and           stated to be specifically for use in connection with such
registration; and each           such Holder will pay as incurred any legal or other
expenses reasonably incurred           by the Company or any such director, officer,
controlling person, underwriter or           other Holder, or partner, officer, director
or controlling person of such other           Holder in connection with investigating or
defending any such loss, claim,           damage, liability or action if it is judicially
determined that there was such a           Violation; provided, however, that the
indemnity agreement contained in this           Section 8.2 shall not apply to amounts
paid in settlement of any such loss,           claim, damage, liability or action if such
settlement is effected without the           consent of the Holder, which consent shall
not be unreasonably withheld;           provided further, that in no event shall any
indemnity under this Section 8.2           exceed the net proceeds from the offering
received by such Holder.  

        8.3.              Promptly
after receipt by an indemnified party under this Section 8 of notice of           the
commencement of any action (including any governmental action), such
          indemnified party will, if a claim in respect thereof is to be made against any
          indemnifying party under this Section 8, deliver to the indemnifying party a
          written notice of the commencement thereof and the indemnifying party shall
have           the right to participate in, and, to the extent the indemnifying party so
          desires, jointly with any other indemnifying party similarly noticed, to assume
          the defense thereof with counsel mutually satisfactory to the parties;
provided,           however, that an indemnified party shall have the right to retain its
own           counsel, with the fees and expenses to be paid by the indemnifying party,
if           representation of such indemnified party by the counsel retained by the
          indemnifying party would be inappropriate due to actual or potential differing
          interests between such indemnified party and any other party represented by
such           counsel in such proceeding. The failure to deliver written notice to the
          indemnifying party within a reasonable time of the commencement of any such
          action, shall, to the extent materially prejudicial to its ability to defend
          such action, relieve such indemnifying party of its liability to the
indemnified           party under this Section 8, but the omission so to deliver written
notice to the           indemnifying party will not relieve it of any liability that it
may have to any           indemnified party otherwise than under this Section 8.  

        8.4.              If
the indemnification provided for in this Section 8 is held by a court of
          competent jurisdiction to be unavailable to an indemnified party with respect
to           any losses, claims, damages or liabilities referred to herein, the
indemnifying           party, in lieu of indemnifying such indemnified party thereunder,
shall to the           extent permitted by applicable law contribute to the amount paid
or payable by           such indemnified party as a result of such loss, claim, damage or
liability in           such proportion as is appropriate to reflect the relative fault of
the           indemnifying party on the one hand and of the indemnified party on the
other in           connection with the Violation(s) that resulted in such loss, claim,
damage or           liability, as well as any other relevant equitable considerations.
The relative           fault of the indemnifying party and of the indemnified party shall
be determined           by a court of law by reference to, among other things, whether
the untrue or           alleged untrue statement of a material fact or the omission to
state a material           fact relates to information supplied by the indemnifying party
or by the           indemnified party and the parties’ relative intent, knowledge,
access to           information and opportunity to correct or prevent such statement or
omission;           provided, that in no event shall any contribution by a Holder
hereunder exceed           the net proceeds from the offering received by such Holder.  

- 9 -

        8.5.              The
obligations of the Company and Holders under this Section 8 shall survive
          completion of any offering of Registrable Securities in a registration
statement           and the termination of this Agreement. No indemnifying party, in the
defense of           any such claim or litigation, shall, except with the consent of each
indemnified           party, consent to entry of any judgment or enter into any
settlement which does           not include as an unconditional term thereof the giving
by the claimant or           plaintiff to such Indemnified Party of a release from all
liability in respect           to such claim or litigation.  

        8.6.              The
indemnification provisions of this Section 8 shall not be in limitation of           any
other indemnification provisions included in any other agreement.  

     9.    
          ASSIGNMENT OF REGISTRATION RIGHTS; TRANSFER OF REGISTRABLE SECURITIES. 

        9.1.              The
rights to cause the Company to register Registrable Securities pursuant to           this
Agreement may be assigned by a Holder to any transferee or assignee of all           or
part of the Registrable Securities held by such Holder, that acquires at           least
100,000 Registrable Securities (as adjusted for stock splits, combinations           and
other recapitalization events); provided, however, (i) the transferor shall,
          within ten (10) days after such transfer, furnish to the Company written notice
          of the name and address of such transferee or assignee and the securities with
          respect to which such registration rights are being assigned, and (ii) such
          transferee shall agree to be subject to all provisions and restrictions set
          forth in this Agreement.  

        9.2.              In
the event of a sale of Registrable Securities by a Holder, such Holder must
          also deliver to the Company’s transfer agent, with a copy to the Company,
a           certificate of subsequent sale reasonably satisfactory to the Company, so
that           ownership of the Registrable Securities may be properly transferred. The
Company           will cooperate to facilitate the timely preparation and delivery of
certificates           (unless otherwise required by applicable law) representing
Registrable           Securities sold.  

     10.    
          AGREEMENT TO FURNISH INFORMATION. 

        Each
Holder of Registrable Securities shall furnish to the Company such information regarding
such Holder and the distribution proposed by such Holder as the Company may reasonably
request in writing and as shall be reasonably required in connection with any
registration, qualification or compliance referred to in this Agreement. 

     11.    
          RULE 144 REPORTING. 

        11.1.              With
a view to making available to the Holders the benefits of certain rules and
          regulations of the SEC which may permit the sale of the Registrable Securities
          to the public without registration, the Company (at any time after it has
become           subject to such reporting requirements) agrees to use its best efforts
to:  

	 	        11.1.1.              Make
and keep public information available, as those terms are understood and
          defined in SEC Rule 144 or any similar or analogous rule promulgated under the
          Securities Act, at all times after the effective date of the first registration
          filed by the Company for an offering of its securities to the general public;  

	 	        11.1.2.              File
with the SEC, in a timely manner, all reports and other documents required           of
the Company under the Exchange Act; and  

	 	        11.1.3.              So
long as a Holder owns any Registrable Securities, furnish to such Holder
          forthwith upon request: a written statement by the Company as to its compliance
          with the reporting requirements of said Rule 144 of the Securities Act, and of
          the Exchange Act (at any time after it has become subject to such reporting
          requirements); a copy of the most recent annual or quarterly report of the
          Company; and such other reports and documents as a Holder may reasonably
request           in availing itself of any rule or regulation of the SEC allowing it to
sell any           such securities without registration.  

- 10 -

     12.    
          MISCELLANEOUS. 

        12.1.    Entire
Agreement. This Agreement constitute the full and           entire
understanding and agreement between the parties with regard to the           subject
matters hereof and supersede all prior negotiations, agreements and
          understandings of the parties of any nature, whether oral or written, relating
          thereto.  

        12.2.    Amendment
of Registration Rights. Any provision of this Agreement may be           amended and
the observance thereof may be waived (either generally or in a           particular
instance and either retroactively or prospectively), with the written           consent
of the Company (subject to the required corporate approval) and Holders           of 70%
of the Registrable Securities. Any amendment or waiver effected in           accordance
with this Section 12.1 shall be binding upon each Holder and the           Company. By
acceptance of any benefits under this Agreement, Holders of           Registrable
Securities hereby agree to be bound by the provisions hereunder.  

        12.3.    Governing
Law; Venue. This Agreement shall be governed by and construed           under the
laws of the State of Israel, without regard to the conflicts of law           principles
of such State. The parties hereto irrevocably submit to the exclusive
          jurisdiction of the Courts of the district of Tel Aviv-Jaffa in respect of any
          dispute or matter arising out of or connected with this Agreement.  

        12.4.    Successors
and Assigns. Subject to the provisions of Section 9, the           provisions hereof
shall inure to the benefit of, and be binding upon, the           successors, assigns,
heirs, executors, and administrators of the parties hereto           and shall inure to
the benefit of and be enforceable by each person who shall be           a holder of
Registrable Securities from time to time.  

        12.5.    Severability.
In the event one or more of the provisions of this           Agreement should, for any
reason, be held to be invalid, illegal or           unenforceable in any respect, such
invalidity, illegality, or unenforceability           shall not affect any other
provisions of this Agreement, and this Agreement           shall be construed as if such
invalid, illegal or unenforceable provision had           never been contained herein.  

        12.6.    Delays
or Omissions. It is agreed that no delay or omission to exercise           any right,
power, or remedy accruing to any Holder, upon any breach, default or
          noncompliance of the Company under this Agreement shall impair any such right,
          power, or remedy, nor shall it be construed to be a waiver of any such breach,
          default or noncompliance, or any acquiescence therein, or of any similar
breach,           default or noncompliance thereafter occurring. It is further agreed
that any           waiver, permit, consent, or approval of any kind or character on any
          Holder’s part of any breach, default or noncompliance under the Agreement
          or any waiver on such Holder’s part of any provisions or conditions of
this           Agreement must be in writing and shall be effective only to the extent
          specifically set forth in such writing. All remedies, either under this
          Agreement, by law, or otherwise afforded to Holders, shall be cumulative and
not           alternative.  

        12.7.    Aggregation
of Shares. All shares of the Company held or acquired by any           Holder and any
entity or person which controls, is controlled by or is under           common control
with such Holder (for the purpose of this Section,           “control” shall
mean the holdings directly or indirectly of a           majority of the voting
securities), shall be aggregated together for the purpose           of determining the
availability of any rights under this Agreement, the           applicability of any
limitation under this Agreement, or calculating such           Holder’s pro rata
share.  

        12.8.    Notices.
All notices required or permitted hereunder shall be in writing           and shall be
deemed effectively given: (i) upon personal delivery to the party           to be
notified, (ii) when sent by confirmed electronic mail or facsimile if sent
          during normal business hours of the recipient; if not, then on the next
business           day, (iii) five (5) days after having been sent by registered or
certified mail,           return receipt requested, postage prepaid, or (iv) two (2) days
after deposit           with an internationally recognized courier, specifying two day
delivery, with           written verification of receipt. All communications shall be
sent to the party           to be notified at the address as set forth below or at such
other address as           such party may designate by ten (10) days advance written
notice to the other           parties hereto.  

- 11 -

	 	If to the Company:

Cimatron Ltd.

11 Gush Etzion Street

Givat Shmuel 54030, Israel

Fax:     +972-3-5312097

Attn:    Dan Haran, Chief Executive Officer

With a mandatory copy to:

Meitar, Liquornik, Geva & Leshem, Brandwein - Law Offices

16 Abba Hillel Road

Ramat Gan 52506, Israel

Fax:     972-3-6103111

Attn:    Asaf Harel, Advocate

If to Koonras:

21 Ha'arba'a St.

Tel Aviv, Israel

If to DBSI:

85 Medinat Ha'yehudim St.

Herzlia, Israel 

        12.9.    Counterparts.
This Agreement may be executed in any number of           counterparts (including by
facsimile transmission), all of which together shall           constitute one instrument.  

– Signature
page follows – 

- 12 -

        IN
WITNESS WHEREOF, the parties have duly signed this Registration Rights Agreement as of
the Effective Date. 

THE COMPANY: 

	/s/ Dan Haran
—————————————————

CIMATRON LTD.
Name: Dan Haran

Title: CEO  		

THE HOLDERS: 

	/s/ Rimon Ben-Shaoul       /s/ Ken lalo
—————————————————

KOONRAS TECHNOLOGIES LTD.
Name: Rimon Ben-Shaoul     Ken Lalo 		/s/ Yossi Ben-Shalom    /s/ Barak Dotan
—————————————————

D.B.S.I. INVESTMENTS LTD. 

Name: Yossi Ben-Shalom    Barak Dotan 

- 13 -20-F

                                                                    EXHIBIT 4.35

                            ASSET PURCHASE AGREEMENT

                                      among

                          HEALTHCARE TECHNOLOGIES LTD.,
                               an Israeli company;

                             NEXGEN BIOFUELS, INC.,
                             a Delaware corporation;

                             MAC BIOVENTURES, INC.,
                              a Belize corporation;

                                       and

                             GAMIDA FOR LIFE, B.V.,
                           a Netherlands corporation.

                                January 16, 2007

                                TABLE OF CONTENTS

DEFINITIONS                                                                   2

THE ACQUISITION TRANSACTIONS                                                  9

REPRESENTATIONS AND WARRANTIES OF THE COMPANY                                12

REPRESENTATIONS AND WARRANTIES OF PURCHASER                                  21

REPRESENTATIONS AND WARRANTIES OF GAMIDA                                     23

COVENANTS AND AGREEMENTS BETWEEN THE COMPANY AND THE PURCHASER
EFFECTIVE PRIOR TO CLOSING                                                   25

COVENANTS AND AGREEMENTS AMONG THE COMPANY, THE PURCHASER AND
GAMIDA EFFECTIVE PRIOR TO CLOSING                                            26

CONDITIONS PRECEDENT TO THE OBLIGATION OF EACH PARTY TO CLOSE                27

CONDITIONS PRECEDENT TO THE OBLIGATION OF PURCHASER TO CLOSE                 28

CONDITIONS PRECEDENT TO THE OBLIGATION OF THE COMPANY TO CLOSE               32

CONDITIONS PRECEDENT TO THE OBLIGATION OF GAMIDA TO CLOSE                    34

SURVIVAL OF REPRESENTATIONS AND WARRANTIES OF THE PARTIES                    35

COVENANTS AND AGREEMENTS OF THE PARTIES AFTER CLOSING                        36

TERMINATION; REMEDIES                                                        42

EXPENSES; CONFIDENTIALITY                                                    43

NOTICES                                                                      44

MISCELLANEOUS                                                                45

                            ASSET PURCHASE AGREEMENT

     THIS ASSET PURCHASE AGREEMENT, dated as of January 16, 2007, is made and
entered into by and between HEALTHCARE TECHNOLOGIES LTD., an Israeli company
("HC" or the "PURCHASER"), NEXGEN BIOFUELS, INC., a Delaware corporation
("COMPANY"), MAC BIOVENTURES, INC., a Belize corporation ("MAC") and GAMIDA FOR
LIFE, B.V., a Netherlands corporation ("GAMIDA").

     WHEREAS, the Company is a private company, wholly-owned by a wholly-owned
subsidiary of MAC, and engages in the business of developing ethanol and
biodiesel plants, primarily in the United States, including the construction,
operation and permitting of such alternative energy generating facilities;

     WHEREAS, the Purchaser, through its direct and indirect subsidiaries, is in
the business of developing, manufacturing and marketing clinical diagnostic test
kits, and providing services and tools to diagnostic and biotech research
professionals in laboratory and point of care sites worldwide;

     WHEREAS, Gamida is a controlling shareholder of the Purchaser;

     WHEREAS, the Purchaser desires to acquire from the Company all of the
rights and interests of the Company in and to the Assets, including the
intellectual property relating to the Business, upon the terms and conditions of
this Agreement;

     WHEREAS, the Company is willing to transfer to the Purchaser all of the
rights and interests of the Company in and to the Assets, including the
intellectual property relating to the Business, upon the terms and conditions of
this Agreement;

     WHEREAS, Gamida desires to purchase from the Purchaser all of the
Healthcare Assets and assume all of the Healthcare Liabilities, upon the terms
and conditions of this Agreement;

     WHEREAS, the Purchaser is willing to sell to Gamida all of the Healthcare
Assets and the Healthcare Liabilities, upon the terms and conditions of this
Agreement; and

     WHEREAS, the Board of Directors of the Purchaser deems it desirable and in
the best interests of the Purchaser and its shareholders that the transactions
contemplated by this Agreement be made and performed pursuant to a court
approved plan of arrangement pursuant to Sections 350 and 351 of the Companies
Law (the "ARRANGEMENT").

     NOW, THEREFORE, in consideration of the mutual covenants and agreements
contained herein and for other good and valuable consideration the receipt and
adequacy of which are hereby acknowledged, the parties agree as follows:

                                       1

1.   DEFINITIONS

     When used in this Agreement, the following terms shall have the respective
meanings set forth below:

     1.1. Except as set forth in Section 11.3.9, "Affiliate" shall mean with
respect to any Person at any given time (i) a Person directly or indirectly
controlling, controlled by or under common control with, such Person; (ii) a
Person owning or controlling 10% or more of the outstanding voting securities of
such Person or (iii) an officer, director or partner of such Person. For these
purposes, control means the possession, direct or indirect, of the power to
direct or cause the direction of the management and policies of a Person,
whether through the ownership of voting securities, by contract or otherwise.

     1.2. "Agreement" shall mean this Asset Purchase Agreement, including all
annexes, exhibits and schedules thereto, as the same may hereafter be amended,
modified or supplemented from time to time.

     1.3. "Assets" shall mean all of the goodwill, assets, properties and rights
of every nature, kind and description, whether tangible or intangible, real,
personal or mixed, wherever located and whether or not carried or reflected on
the books and records of the Company, which, at the Closing, are owned by the
Company or in which the Company has any rights or interest (including the right
to use), including under express or implied warranties, and all approvals,
consents, licenses and permits relating thereto excepting only any of the Assets
sold prior to the Closing in the ordinary course of business, consistent with
past practices and in compliance with the Company's undertakings in Section 5
hereof. The Assets shall include, but not be limited to, the following:

          1.3.1. real property and all rights and options to acquire real
     property;

          1.3.2. inventories;

          1.3.3. tangible personal property including machinery, equipment,
     trucks, automobiles, furniture, supplies, spare parts and tools;

          1.3.4. the Intangible Personal Property;

          1.3.5. prepaid items;

          1.3.6. the Licenses and Permits;

          1.3.7. the Contracts;

          1.3.8. accounts receivable, whether for goods sold or leased or
     services performed or to be performed;

          1.3.9. cash and cash equivalents including bank accounts, certificates
     of deposit, bankers' acceptances, United States Government (or Agency)
     securities or other securities owned by the Company or in which the Company
     has any interest other than securities of the Purchaser;

                                       2

          1.3.10. books and records;

          1.3.11. all rights of the Company under express or implied warranties
     from suppliers or contractors with respect to the Assets;

          1.3.12. all of the Company's claims, causes of action, choses in
     action, rights of recovery and rights of set-off of any kind;

          1.3.13. all of the Company's rights to receive mail and other
     communications;

          1.3.14. all goodwill of the Business as a going concern; and

          1.3.15. all other properties, tangible and intangible, not otherwise
     referred to above which are owned by the Company or in which it has any
     interest.

Assets shall also include all of the above which relate in any manner to the
Company's options to own five greenfield sites in Wisconsin, Iowa, Ohio and
Indiana, permitting for 100 million gallons of annual ethanol/biodiesel
production per site as well as 100% of the shares in each of the NexGen
Subsidiaries (the "CURRENT ASSETS"). If the Current Assets Valuation is less
than the Minimum Valuation Amount (as defined in Section 7.1.8), then Assets
shall also include the Completion Assets.

     1.4. "Authority" shall mean any governmental, regulatory or administrative
body, agency or authority, any court of judicial authority, any arbitrator or
any public, private or industry regulatory authority, whether international,
national, state, municipal or local.

     1.5. "Business" shall mean the business of planning, constructing,
operating and/or developing one or more ethanol and biodiesel alternative energy
facilities within the United States, with a capacity of approximately
100,000,000 gallons of ethanol and/or biodiesel per year per plant on a fully
permitted basis, as anticipated by the Company as planned for operations and as
the same continues to be constituted until the Effective Time.

     1.6. "Business Day" shall mean any day that is a business day in both the
State of Israel and the State of Florida.

     1.7. "Closing" shall mean the consummation of the transactions contemplated
in this Agreement as set forth in Sections 1.62, 1.64,1.69, 1.71 and if
applicable, 1.70.

     1.8. "Closing Date" shall mean the date upon which the Closing occurs.

     1.9. "Company" shall mean NEXGEN Biofuels, Inc., a Delaware corporation.

     1.10. "Company Delayed Disclosure Schedule" shall mean the schedule, to be
dated no later than the Delayed Date, to be delivered to the Purchaser and
Gamida by no later than seven (7) Business Days prior to the Delayed Date and
which shall be prepared and executed by the Company and MAC and arranged in
sections corresponding to the sections of this Agreement to be modified and
supplemented by such schedule.

                                       3

     1.11. "Company Delayed Representations" shall mean the representations and
warranties set forth in the second sentence of Section 2.2, Sections 2.3, 2.4.6,
Section 2.4.10, Section 2.5.2.1(other than the third sentence thereof), the last
two sentences of Section 2.5.2.2, the first sentence of Section 2.5.5, and
Sections 2.5.5.5, 2.8, 2.6, 2.9, 2.10 and 2.12.

     1.12. "Company Disclosure Schedule" shall mean the Company Signing
Disclosure Schedule and the Company Delayed Disclosure Schedule.

     1.13. "Company Documents" shall mean this Agreement and all other
agreements, instruments and certificates to be executed by the Company in
connection with this Agreement.

     1.14. "Companies Law" shall mean the Israel Companies Law - 1999 and the
rules and regulations thereunder.

     1.15. "Company Signing Disclosure Schedule" shall mean the schedule, of
even date herewith, delivered to the Purchaser and Gamida and prepared and
executed by the Company and MAC which is arranged in sections corresponding to
the sections of this Agreement to be modified and supplemented by such schedule.

     1.16. "Company Signing Representations" shall mean the Company's and MAC's
representations and warranties set forth in Section 2 and which are not a
Company Delayed Representation.

     1.17. "Completion Assets" shall mean an existing functional plant relating
to the Business and all its related assets, or all of the shares held by the
Company of an entity which directly owns such a plant, or cash, with a value of
no less than the Completion Amount.

     1.18. "Completion Assets Valuation" shall mean the value of the Completion
Assets as accepted by the Purchaser as contemplated by Section 7.1.9 below,
which shall be no less than the Completion Amount.

     1.19. "Contracts" shall mean all agreements, contracts, obligations,
promises, undertakings, commitments of any nature whatsoever, express or
implied, whether oral or written, and all amendments thereto, entered into by or
binding upon the Company or to which any of its properties may be subject,
including warranties, guaranties, indentures, bonds, options, leases, subleases,
easements, mortgages, employee benefit or welfare plans, collective bargaining
agreements, licenses, purchase orders, sales orders.

     1.20. "Court" shall mean the District Court of Tel Aviv-Jaffa.

     1.21. "Covenantors" shall mean the Company, NEXGEN Biofuels, Inc., MAC, as
well as the Affiliates thereof.

                                       4

     1.22. "Current Assets" shall have the meaning ascribed to such term in
Section 1.3 above.

     1.23. "Current Assets Valuation" shall mean the valuation in dollar terms
actually given to the Current Assets by the written valuation contemplated by
Section 7.1.8 below.

     1.24. "Delayed Date" shall mean the date thirty five (35) days following
the date hereof but no less than fourteen (14) Business Days prior to the
Closing Date.

     1.25. "Dollars" shall denote the lawful currency of the United States of
America. "US $", "USD", "$", "dollars", "US Dollars", "U.S. Dollars" shall
likewise be construed.

     1.26. "Effective Time" shall mean 12:01 a.m. Tel-Aviv, Israel time on the
Closing Date.

     1.27. "Exchange Act" or "Securities Exchange Act" shall mean the Securities
Exchange Act of 1934, as amended.

     1.28. "Existing Subsidiaries" means Savyon Diagnostic Ltd., an Israeli
company, Danyel Biotech Ltd., an Israeli company, Afferix Ltd., an Israeli
company, and Gamidor Diagnostics (1984) Ltd., an Israeli company. Should the
Purchaser hold shares in Gamida Gen-Marketing Ltd., an Israeli company, or
Pronto Technologies Ltd., an Israeli company, or in any other company, other
than NewCo, then the term Existing Subsidiaries shall include such companies.

     1.29. "Gamida" shall mean Gamida for Life, B.V., a Netherlands corporation.

     1.30. "Gamida Disclosure Schedule" shall mean the schedule, to be dated as
of the Closing Date, to be delivered to the Purchaser and the Company by no
later than seven (7) Business Days prior to the Closing Date and which shall be
prepared and executed by Gamida and arranged in sections corresponding to the
sections of this Agreement to be modified and supplemented by such schedule.

     1.31. "Gamida Documents" shall mean this Agreement and all other
agreements, instruments and certificates to be executed by Gamida in connection
with this Agreement.

     1.32. "Hart-Scott-Rodino Act" or "HSR Act" shall mean the Hart-Scott-Rodino
Antitrust Improvements Act of 1976.

     1.33. "Healthcare Assets" shall mean all of the goodwill, assets,
properties and rights of every nature, kind and description, whether tangible or
intangible, real, personal or mixed, wherever located and whether or not carried
or reflected on the books and records of HC, which as of the Closing are owned
by HC or in which HC has any rights or interest (including the right to use),
including under express or implied warranties, and all approvals, consents,
licenses and permits relating thereto excepting all of the Healthcare Excluded
Assets. The Healthcare Assets shall include, but not be limited to, the
following:

                                       5

          1.33.1. HC's holdings in the Existing Subsidiaries, including
     goodwill;

          1.33.2. receivables, including cash or cash equivalent receivables;

          1.33.3. severance pay funds; and

          1.33.4. property and equipment;

     1.34. "Healthcare Excluded Assets" shall mean the following assets of HC:

          1.34.1. Contracts and related assets with ADP - Automatic Data
     Processing, Continental Stock Transfer, The Nasdaq Stock Market, Howden
     Insurance Brokers, the SEC; and

          1.34.2. books and records, other than as related to the Healthcare
     Assets.

     1.35. "Healthcare Excluded Liabilities" shall mean HC's liabilities, debts,
obligations, whether accrued, direct or indirect, fixed, contingent, in
connection with the Healthcare Excluded Assets and the Subsidiary Loan.

     1.36. "Healthcare Liabilities" shall mean all of HC's liabilities, debts,
obligations, whether accrued, direct or indirect, fixed, contingent, or
otherwise, known or unknown, existing immediately following the Closing, except
for the Healthcare Excluded Liabilities. The Healthcare Liabilities shall
include, but not be limited to, the following:

          1.36.1. Payables, including short term bank credit;

          1.36.2. Bank loans;

          1.36.3. Accrued severance pay;

     1.37. "Indemnitees" shall mean (i) the Purchaser, (ii) each of Purchaser's
Affiliates, assigns and successors in interest, including NewCo, and (iii) each
of their respective shareholders, directors, officers, employees, agents,
attorneys and representatives.

     1.38. "Intangible Personal Property" means all intangible properties owned
by the Company or in which the Company has any interest (including the right to
use), including: (i) all registered and unregistered trademarks, service marks,
trade names, domain names and slogans, all applications therefore, and all
associated goodwill; (ii) all statutory, common law and registered copyrights,
all applications therefor and all associated goodwill; (iii) all patents and
patent applications, all associated technical information, shop rights,
know-how, trade secrets, processes, operating, maintenance and other manuals,
drawings and specifications, process flow diagrams and related data, and all
associated goodwill; (iv) all software and documentation thereof, (including all
electronic data processing systems and program specifications, source codes,
input data and report layouts and format, record file layouts, diagrams,
functional specifications, narrative descriptions and flow charts); and (v) all
other inventions, discoveries, improvements, processes, formulae (secret or
otherwise), data, drawings, specifications, trade secrets, confidential
information, know-how and ideas (including those in the possession of third
parties, but which are the property of the Company), and all drawings, records,
books or other tangible media embodying the foregoing.

                                       6

     1.39. "Law" shall mean any applicable law, statute, regulation, treaty,
ordinance, rule, requirement, official directive, announcement or other binding
action or requirement of an Authority, including environmental laws.

     1.40. "Licenses and Permits" shall mean all licenses permits, approvals and
consents issued to, or received by, the Company or in which the Company has any
interest (including the right to use), which constitute Assets or relate to the
Assets.

     1.41. "Lien or Other Encumbrance" shall mean any lien, pledge (whether
fixed or floating), mortgage, hypothecation, attachment, security interest,
lease, charge, conditional sales contract, option, restriction, reversionary
interest, deed, deposit arrangement, right of first refusal, voting trust
arrangement, preemptive right, claim under bailment or storage contract,
easement or any other adverse claim or right whatsoever.

     1.42. "Material Adverse Change" or "Material Adverse Effect" or other
similar phrases shall mean any matter which would have a material adverse effect
on a party's financial condition, assets, liabilities, business, operations,
prospects or ability to consummate the transactions contemplated hereby,
provided that with respect to Purchaser, any decrease in the market price of the
Purchaser Ordinary Shares shall not constitute a Material Adverse Change or
Material Adverse Effect.

     1.43. "Material Contracts" shall mean, collectively, the Contracts which
are required to be identified anywhere in the Company Disclosure Schedule by the
terms and provisions of this Agreement.

     1.44. "Merger" shall mean the sale, transfer, conveyance, assignment and
delivery by the Company to NewCo, by appropriate deeds, bills of sale,
assignments and other instruments reasonably satisfactory to the Purchaser and
its counsel, of all of the Company's right, title and interest in and to the
Assets, free and clear of all liabilities, obligations, Liens and Other
Encumbrances.

     1.45. "Merger Shares" shall mean the Purchaser Ordinary Shares to be
purchased by MAC at the Closing and any other Purchaser Ordinary Shares to be
issued and/or transferred as set forth in Section 1.70 below.

     1.46. "NewCo" shall mean a newly formed company organized under the laws of
the State of Delaware, wholly-owned by the Purchaser and organized specifically
for the consummation of the Merger (or such other U.S. state as to be agreed
between the Purchaser and the Company).

     1.47. "NexGen Subsidiaries" shall mean each of the following wholly-owned
subsidiaries of the Company: Council Bluffs Biofuels, Inc; Red Oak Ethanol, Inc;
Reedsburg Biofuels, Inc; Port Clinton Biofuels, Inc; and Indiana Biofuels, Inc.

                                       7

     1.48. "NIS" shall mean New Israeli Shekels.

     1.49. "Order" shall mean any decree, decision, order, judgment, writ,
award, injunction, rule or consent of or by an Authority.

     1.50. "Organizational Documents" shall mean the certificate of
incorporation, Memorandum of Association, Articles of Association, by-laws or
other governing or charter documents of any Person.

     1.51. "Person" shall mean any entity, corporation, company, association,
limited liability company, joint venture, joint stock company, partnership,
trust, organization, individual (including personal representatives, executors
and heirs of a deceased individual), nation, state, government (including
agencies, departments, bureaus, boards, divisions and instrumentalities
thereof), trustee, receiver or liquidator.

     1.52. "Proceeding" means any action, arbitration, audit, hearing,
investigation, litigation or suit (whether civil, criminal, administrative,
investigative or informal) commenced, brought, conducted or heard by or before
or otherwise involving, any Authority or mediator.

     1.53. "Purchaser" shall mean Healthcare Technologies Ltd., an Israeli
corporation.

     1.54. "Purchaser Disclosure Schedule" shall mean the schedule, to be dated
as of the Closing Date, to be delivered to the Company and Gamida by no later
than seven (7) Business Days prior to the Closing Date and which shall be
prepared and executed by the Purchaser and arranged in sections corresponding to
the sections of this Agreement to be modified and supplemented by such schedule.

     1.55. "Purchaser Documents" shall mean this Agreement and all other
agreements, instruments and certificates to be executed by Purchaser in
connection with this Agreement.

     1.56. "Purchaser Ordinary Shares" shall mean ordinary shares of the
Purchaser, nominal value NIS 0.04 per share. The amount of Merger Shares and
Ordinary Shares of the Purchaser to be transferred by Gamida to Purchaser as
stated herein are based on a nominal value of NIS 0.04 per share. Accordingly,
if the Purchaser effects any reverse stock split, split, subdivision or
combination of shares, the number of such Merger Shares and Ordinary Shares of
the Purchaser shall be adjusted accordingly to reflect such reverse stock split,
split, subdivision or combination, as applicable.

     1.57. "Restricted Period" shall mean the two (2) year period following the
Effective Date.

     1.58. "Restrictive Covenants" shall mean the covenants of the Covenantors
set forth at Section 11.3 hereof.

     1.59. "SEC" shall mean the United States Securities and Exchange
Commission.

     1.60. "Securities Act" shall mean the Securities Act of 1933, as amended.

                                       8

     1.61. "Subsidiary Loan" shall mean an aggregate of $230,000 which is part
of the existing loan provided by Gamidor Diagnostics to HC, pursuant to which as
of the Effective Time, HC shall be obligated to repay Gamidor Diagnostics by no
later than 180 days following the Effective Time, an aggregate of $230,000.

PURCHASE PRICE, PAYMENT AND RELATED MATTERS

                          THE ACQUISITION TRANSACTIONS

THE ACQUISITIONS

     1.62. Upon the terms and subject to the conditions set forth in this
Agreement and in accordance with the laws of the State of Israel, at the
Closing, the following transactions shall take place simultaneously among the
parties hereto: (i) Gamida shall purchase from HC all the Healthcare Assets and
assume all of the Healthcare Liabilities, in consideration for 4,700,000 of
Gamida's shares in HC ("GAMIDA HC SHARES"), (which includes 10,132 shares
regarding which Gamida does not have a share certificate), nominal value NIS
0.04 per share; and (ii) NexGen shall transfer and convey the Assets to NewCo,
in consideration for the issuance and/or transfer by HC to MAC of Ordinary
Shares of HC, nominal value NIS 0.04 per share as follows:

          1.62.1. In respect of the Assets which are comprised of Current
     Assets, such number of its ordinary shares equal to the Current Assets
     Valuation divided by $1.50 less 1%, rounded to the nearest whole number;
     and

          1.62.2. In respect of the Assets which are comprised of Completion
     Assets, if any, such number of its ordinary shares equal to the Completion
     Assets Valuation divided by $1.50 less 1%, rounded to the nearest whole
     number, provided however that notwithstanding anything to the contrary in
     this Agreement, the aggregate number of ordinary shares issued and/or
     transferred to MAC by HC pursuant to Section 1.70 and pursuant to this
     Section 1.62.2 shall not exceed 80,000,000 ordinary shares.

     1.63. The Merger Shares, other than the ordinary shares of the Purchaser
contemplated by Section 1.70 below (which shall all be newly issued shares), to
be delivered to MAC by HC in exchange for the Assets shall be newly issued
shares (and such shares shall be deemed to be "restricted securities" as defined
in Rule 144 promulgated under the Securities Act), provided that in MAC's
discretion, a portion of the Merger Shares (other than the ordinary shares of
the Purchaser contemplated by Section 1.70 below, which shall all be newly
issued shares), may consist of Gamida HC Shares which were issued and
outstanding before the Closing and which at the Closing, prior to their transfer
to MAC by the Purchaser, are considered to be dormant shares as such term is
used in the Companies Law. The Merger Shares shall bear such standard and
customary restrictive legends as counsel to the Purchaser shall deem appropriate
and shall be subject to restrictions on transfer imposed by the Securities Act,
the Israel Securities Law-1968 or any applicable securities laws of any
applicable jurisdiction.

                                       9

     1.64. At the Closing, the Court shall issue a final order approving the
Arrangement pursuant to Section 351 of the Companies Law (the "ORDER OF
ARRANGEMENT") and such filings required to be made with the Israeli Companies
Registrar in connection thereto shall have been made.

     1.65. Time and Place. Subject to the provisions of Section 12.1 hereof as
to termination of this Agreement, the Closing shall take place at the offices of
Brian Brodrick, Esq. of the law firm of Phillips Nizer LLP 666 Fifth Avenue,
28th Floor, New York, New York, at 10:00 a.m. local time on the business day
that all the conditions set forth in Sections 6, 7, 8 and 9 have been satisfied
or waived or at such other time and place as the Purchaser, the Company and
Gamida mutually agree in writing, such transactions to be effective as of the
Closing, provided, however, that without the prior written consent of the
Purchaser, the Company and Gamida, the Closing shall not occur after June 30,
2007.

     1.66. Effect of The Transaction. The transactions contemplated by this
Agreement shall be effective as provided in the applicable provisions of the
laws of the State of Israel. Subsequent to the Closing, and subject to receipt
of the appropriate corporate, regulatory and third party approvals, to the
extent required, the Purchaser may be re-domesticated to the State of Delaware
(USA) or any other U.S. state that may be selected for such purposes.

CERTIFICATE OF INCORPORATION AND BYLAWS; DIRECTORS  AND OFFICERS

     1.67. Organizational Documents. The Organizational Documents of HC as in
effect immediately prior to the Closing shall be the Organizational Documents of
HC following the Closing, until thereafter changed or amended as provided
therein or by applicable law.

     1.68. Officers and Directors of the Company. The officers and directors of
the Company at the Closing shall be those persons listed on Schedule 1.68, until
the earlier of their death, resignation or removal or until their respective
successors are duly appointed and qualified.

     1.69. Further Transactions at the Closing. In addition to the foregoing, at
the Closing, the following transactions shall occur, which transactions shall be
deemed to take place simultaneously and no transaction shall be deemed to have
been completed or any document delivered until all such transactions have been
completed and all required documents delivered, unless waived in accordance with
Sections 6, 7, 8 and 9:

          1.69.1. The obligations of the Company to be performed on or before
     the Closing Date pursuant to the terms of this Agreement, including but not
     limited to, those obligations set forth in Section 6, 7, and 9.

          1.69.2. The obligations of Gamida to be performed by it on or before
     the Closing Date pursuant to the terms of this Agreement, including but not
     limited to, those obligations set forth in Section 6, 7 and 8.

                                       10

          1.69.3. The obligations of the Purchaser to be performed by it on or
     before the Closing Date pursuant to the terms of this Agreement, including
     but not limited to, those obligations set forth in Section 6, 7, 8 and 9.

OPTION

     1.70. Subject to the provisions of Section 12.1 hereof as to termination of
this Agreement, in the event following the date hereof and until 180 days
following the Closing, MAC and/or Nexgen wish to transfer to HC and/or to NewCo
and/or, subject to HC's written consent, to any of HC's wholly owned
subsidiaries, an existing functional plant relating to the Business and all
related assets, or all of the shares held by the Company of an entity with
directly owns such a plant, with a given value, on an "enterprise valuation
basis" (the "PLANT VALUATION"), as confirmed by a written valuation for the
benefit of the Purchaser, in form and substance satisfactory to the Purchaser,
prepared by a recognized firm acceptable to the Purchaser (the "PLANT") and the
Plant is satisfactory to the Purchaser, then in consideration for the Plant, HC
shall issue and/or transfer to MAC such number of its ordinary shares equal to
the Plant Valuation divided by $1.50 less 1%, rounded to the nearest whole
number; provided however that notwithstanding anything to the contrary in this ,
the aggregate number of ordinary shares issued and/or transferred to MAC by HC
pursuant to this Section 1.70 and pursuant to Section 1.62.2 shall not exceed
80,000,000 ordinary shares. The option under this Section 1.70 shall only be
exercisable by the Company if there shall have been a Closing and at the Closing
the Company shall have transferred to NewCo the Current Assets, and, if
required, the Completion Assets as contemplated by this Agreement. If the
Company shall provide notice prior to the Closing that it intends to exercise
this option, then notwithstanding anything else in this Agreement, the Plant
shall be deemed to be included in the definition of Assets and, inter alia, the
transfer of the Plant to NewCo shall be a condition precedent for Purchaser to
consummate the transactions hereunder and shall be deemed included in Section 7
hereof and the obligations of Purchaser under this Section shall be subject to
the Closing.

COMPENSATION TO DIRECTOR

     1.71. Compensation To Director. The Company and the Purchaser agree that it
is in the best interests of the parties to this Agreement that one existing
director of the Purchaser, Israel Amir, commit to serve as a director of the
Purchaser for a period of no less than two years after the Closing. As such, and
in consideration for Mr. Amir's willingness to provide services and advice to
the Purchaser, the Purchaser shall issue to Mr. Amir at Closing (or to his heirs
if Mr. Amir shall pass prior to the Closing), an amount of Purchaser Ordinary
Shares equal to 1% of the Merger Shares (such amount to be adjusted for any
split, reverse split, etc. effected by HC) (the "AMIR SHARES"). In the event
that HC issues and/or transfers Purchaser Ordinary Shares in accordance with
Section 1.70 above (the "OPTION SHARES"), HC shall immediately upon such
issuance and/or transfer, issue to Mr. Amir (or to his heirs if Mr. Amir shall
pass prior to the date of issuance and/or transfer of the Option Shares) a
number of Purchaser Ordinary Shares equal to 1% of the Option Shares and such
shares shall be deemed "Amir Shares". At Mr. Amir's election, the Amir Shares
shall be issued as immediately vested options under the capital gains track of
Section 102 of the Israeli Income Tax Ordinance [New Version] 1961. The
certificates representing the Amir Shares shall bear a restrictive legend in
standard and customary form as appropriate. The Purchaser and Mr. Amir shall
otherwise cause the issuance of the Amir Shares to be structured to the extent
possible to obtain favorable tax treatment for Mr. Amir.

                                       11

     TAX FREE REORGANIZATION

     1.72. It is the intention of the parties to this Agreement that the
transactions contemplated by this Agreement qualify as a tax free reorganization
within the meaning of Section 368 of the U.S. Internal Revenue Code.

2.   REPRESENTATIONS AND WARRANTIES OF THE COMPANY

As a material inducement to the Purchaser and Gamida to enter into this
Agreement and to consummate the transactions contemplated hereby, the Company
and MAC hereby jointly represent and warrant to the Purchaser and to Gamida and
acknowledge that the Purchaser and Gamida enter into this Agreement in reliance
thereon, that all of the statements contained in this Section 2 are true and
correct: (i) with respect to the Company Signing Representations as of the date
hereof, (ii) with respect to the Company Delayed Representations as of the
Delayed Date; and (iii) all such representations and warranties will be true and
correct as of the Closing Date, subject to the exceptions to such
representations and warranties set forth in the Company Signing Disclosure
Schedule with respect to the Company Signing Representations and the Company
Delayed Disclosure Schedule with respect to the Company Delayed Representations.
For such purposes, the term "the Company" as used in this Section 2 shall be
deemed to include MAC and each of the NexGen Subsidiaries.

Organization; Authority; Due Authorization.

          2.1.1. Organization and Good Standing. The Company is a corporation
     duly organized, validly existing and in good standing under the Laws of the
     State of its incorporation; has all requisite power, approvals, consents,
     licenses, permits and similar authority necessary to own, lease and operate
     its assets, properties and business and to carry on its business as
     conducted during the twelve (12) month period prior to the date hereof, as
     now conducted and as proposed to be conducted. The Company is not in
     default under any of such approvals, consents, licenses, permits, or other
     similar authority. The Company is duly qualified or licensed to do business
     as a foreign corporation and is in good standing in every jurisdiction in
     which the nature of its business or the location of its properties require
     such qualification or licensing, except for such jurisdictions where the
     failure to so qualify or be licensed would not have any adverse effect on
     the enforceability of any of the Material Contracts or the Company's
     ability to bring lawsuits, or a Material Adverse Effect upon the condition
     (financial or otherwise), assets, liabilities, Business, operations or
     prospects of the Company, or the Company's ability to perform fully its
     obligations under this Agreement and the other Company Documents. Section
     2.1.1 of the Company Delayed Disclosure Schedule sets forth all
     jurisdictions in which the Company is qualified or licensed to do business
     as a foreign corporation.

                                       12

          2.1.2. Authority to Execute and Perform Agreements. The Company has
     all requisite power, authority and approvals, consents, licenses, permits
     or similar authority required to enter into, execute and deliver this
     Agreement and all of the other Company Documents and to perform fully the
     Company's obligations hereunder and thereunder.

          2.1.3. Due Authorization; Enforceability. The Company has taken all
     actions necessary to authorize it to enter into and perform fully its
     obligations under this Agreement and all of the other Company Documents and
     to consummate the transactions contemplated herein and therein and has not
     taken any actions which would preclude or prevent the Company from
     consummating such transactions. This Agreement is, and as of the Closing
     Date, the other Company Documents will be, the legal, valid and binding
     obligations of the Company, enforceable in accordance with their respective
     terms.

     2.2. No Violation. Except as disclosed in Section 2.2 of the Company
Delayed Disclosure Schedule, neither the execution or delivery by the Company of
this Agreement or any of the Company Documents, nor the consummation of the
transactions contemplated herein or therein will: (a) violate any provision of
the Organizational Documents of the Company; (b) violate, conflict with or
constitute a default under, permit the termination or acceleration of, or cause
the loss of any rights or options under, any Contract to which the Company is a
party or by which it or its property is bound. Except as disclosed in Section
2.2 of the Company Delayed Disclosure Schedule, neither the execution or
delivery by the Company of this Agreement or any of the Company Documents, nor
the consummation of the transactions contemplated herein or therein will (x)
require any authorization, consent or approval of, exemption or other action by,
or notice to, any party to any Contract to which the Company is a party or by
which it or its property is bound; (y) result in the creation or imposition of
any Lien or Other Encumbrance; or (z) violate or require any consent or notice
under any Law or Order to which the Company or any of its properties is subject.

     2.3. Regulatory Approvals and Other Consents. Section 2.3 of the Company
Delayed Disclosure Schedule sets forth a complete and accurate description of
each consent, approval, authorization, notice, filing, exemption or other
requirement, whether prescribed by the Organizational Documents of the Company,
a Law or Order or whether required pursuant to the terms of any Contract, or
other binding obligation, which must be obtained from any Person or Authority or
which must otherwise be satisfied by the Company in order that (i) the execution
or delivery by the Company of this Agreement or any of the Company Documents and
(ii) the consummation of the transactions contemplated herein or therein, will
not cause any breach of the representations and warranties contained in Section
2.2.

                                       13

     2.4. Assets. Section 2.4 of the Company Signing Disclosure Schedule sets
forth a true and complete list of all of the Assets including (i) a true and
accurate identification of each registered and unregistered fictitious business
name, trademark, service mark, trade name, domain name and slogan, and each
registration and application for any of the foregoing, constituting a part of
the Assets; (ii) a true and complete schedule of each statutory, common law and
registered copyright, and each registration and application therefor
constituting a part of the Assets; (iii) a true and complete schedule of each
patent, associated invention, industrial model, process and design, technical
information, know-how and operating, maintenance or other manual and each
registration and application for any of the foregoing, constituting a part of
the Assets; (iv) each item of software and associated documentation constituting
a part of the Assets; and (v) a true and complete list, without extensive or
revealing descriptions, of each trade secret constituting a part of the Assets,
including each related process or item of know-how or other technical data, and
including, as to each such trade secret, the specific location of each writing,
computer program or other tangible medium containing its complete description,
specifications, source codes, charts, procedures, manuals and other descriptive
material relating to it; and (vi) a true and complete list of each Contract to
which the Company is a party either as licensee or licensor. The Assets
(including for the removal of doubt the Current Assets) are directly owned by
the Company and are not owned by or through any Affiliate thereof other than
through the NexGen Subsidiaries, and at the Closing, Newco shall be the owner of
the Assets (including for the removal of doubt the Current Assets). The Assets
which are owned by the NexGen Subsidiaries are directly owned by the NexGen
Subsidiaries. The Company directly owns 100% of the shares of each of the NexGen
Subsidiaries. Except as indicated in Section 2.4 of the Company Signing
Disclosure Schedule:

          2.4.1. the Company is the owner of all right, title and interest in
     and to each Asset, free and clear of all Liens and Other Encumbrances;

          2.4.2. all patents, copyrights and other state and federal
     registrations and all applications therefor listed in Section 2.4 of the
     Company Signing Disclosure Schedule are valid and in full force and effect;

          2.4.3. there are no pending claims, actions, judicial or other
     adversary Proceedings, disputes or disagreements involving the Company
     concerning any Asset, and, to the knowledge of the Company and the
     Covenantors, no such action, Proceeding, dispute or disagreement is
     threatened, nor is there any valid basis for any such claim, allegation or
     threat. The Company has not agreed to indemnify any person for or against
     any interference, infringement, misappropriation or other conflict with
     respect to any Asset;

          2.4.4. the Company has the right and authority, and NewCo will have
     such right following the Merger, to use the Assets in perpetuity, including
     the exercise of any options to use or purchase any of the Assets. The use
     of the Assets and the sale and licensing of the products developed and
     services produced by or under the development of the Company have not, do
     not and will not, conflict with, infringe upon, or violate any patent or
     other proprietary right of any other Person, or give rise to any
     obligations to any Person as a result of co-authorship, co-inventorship or
     an express or implied Contract for any use or transfer and the Company has
     not infringed and is not now infringing any proprietary right belonging to
     any other Person;

                                       14

          2.4.5. the Company has not incorporated in its products or services,
     has not based them upon or derived them from or adapted them from any
     intangible personal property of any other Person, in violation of any Law,
     Order or other statutory or legal obligations or any Contract;

          2.4.6. the Company is not under any obligation to pay any royalty or
     other compensation to any third party or to obtain any approval or consent
     for the use of any rights in any of the Assets which may be or is necessary
     for or used in the Business as now conducted or as proposed to be
     conducted;

          2.4.7. with respect to each trade secret comprising a part of the
     Assets, such trade secret is valid and protectable, and such trade secret's
     documentation is current, accurate, and sufficient in detail and content to
     identify and explain it, and to allow its full and proper use without
     reliance on the special knowledge or memory of others;

          2.4.8. the Company has taken all reasonable security measures to
     protect the secrecy, confidentiality and value of its trade secrets;

          2.4.9. all trade secrets of the Company are presently valid and
     protectable, are not part of the public knowledge or literature, and have
     not been used, divulged or appropriated for the benefit of any Person other
     than the Company or to the detriment of the Company;

          2.4.10. each of the Company's current and former employees, officers
     and agents, and each independent contractor that has had access to any of
     the Assets has entered into a written agreement with the Company (i)
     providing substantially that all of the Assets of the Company are
     confidential and proprietary to the Company, (ii) substantially obligating
     the disclosure and transfer to the Company, in consideration for no more
     than normal salary or consultant or contractor fees, as the case may be, of
     all inventions, developments and work product which during the period of
     his, her or its employment, consultancy or contract with the Company, such
     employee, officer, agent or independent contractor made or makes that
     related or relate to any subject matter with which such employee's,
     officer's, agent's or independent contractor's work for the Company was
     concerned, and in the case of employees or officers, are made during such
     person's period of employment (or contractual relationship) and in
     connection therewith, or in the case of agents, during the course of such
     agency, and (iii) containing provisions substantially restricting such
     employees, officers and consultants from engaging directly or indirectly in
     any activity which competes with the business of the Company for a period
     after the termination of their relationship with the Company which is
     customary in the industry in which the Company operates. The form of such
     agreement and a correct list of all persons and entities which have entered
     into such agreements shall be attached hereto at the Delayed Date as
     Exhibit 2.4.10(A).

                                       15

     2.5. Title to Assets. The Company has good and marketable title to each of
the Assets owned by it and the valid and enforceable right to receive and/or use
each of the Assets in which the Company has any other interest, free and clear
of all Liens and Other Encumbrances. The delivery to NewCo of the instruments of
transfer of ownership contemplated by this Agreement will, at the time of the
Merger, vest good and marketable title to, or the valid and enforceable right to
receive and/or use, each such Asset in Purchaser, free and clear of all Liens
and Other Encumbrances.

          2.5.1. Compliance with Law; Governmental Matters.

          2.5.2. General. The Company has, in all material respects, complied
     with, and is now in all material respects in compliance with, all Laws and
     Orders applicable to the Company or the Assets or the operation of the
     Business, including with respect to the development, manufacture, labeling,
     testing and inspection of its products and the operation of manufacturing
     facilities used to manufacture the products, and no material capital
     expenditures will be required in order to ensure continued compliance
     therewith. There are no pending or, to the knowledge of the Company or the
     Covenantors, threatened Proceedings which involve new special assessments,
     assessment districts, bonds, taxes, condemnation actions, Laws or Orders or
     similar matters which, if instituted, could have a Material Adverse Effect
     upon the condition (financial or otherwise), assets, liabilities, business
     or prospects of the Company, the value or utility of the Assets or the
     Company's ability to consummate the transactions contemplated herein.

               2.5.2.1. Except for the Licenses and Permits already held by the
          Company as of the date hereof, no other License or Permit is material
          to or necessary for the use of the Assets in the conduct of the
          Business as previously conducted during the twelve-month period prior
          to the date hereof, as presently conducted or as proposed to be
          conducted. Each License and Permit is in full force and effect. The
          Company is now and has at all times in the past been in all material
          respects in full compliance with each License and Permit, no
          violations are or have in the last five (5) years been recorded by any
          Authority in respect thereof. No Proceeding is pending or, to the
          knowledge of the Company or the Covenantors, threatened, to revoke,
          amend or limit any License or Permit. Section 2.5.2.1 of the Company
          Delayed Disclosure Schedule sets forth each License and Permit,
          together with its date of expiration and a brief description of its
          material terms.

               2.5.2.2. Regulatory Filings. All of the regulatory filings and
          governmental registrations made by or issued to the Company that
          relate specifically to the Assets (the "REGULATORY FILINGS") are
          current and in full force and effect. The Company has made available
          to Purchaser copies of all governmental correspondences (including
          copies of official notices, citations or decisions) in the Company's
          files relating to the Regulatory Filings. Section 2.5.2.2 of the
          Company Delayed Disclosure Schedule contains a correct list of all of
          the Regulatory Filings.

          2.5.3. Litigation. Section 2.5.3 of the Company Signing Disclosure
     Schedule sets forth an accurate and complete description of every pending
     or, to the knowledge of the Company or the Covenantors, threatened adverse
     claim, dispute, governmental investigation, suit, action (including,
     without limitation, nonjudicial real or personal property foreclosure
     actions), arbitration, legal, administrative or other Proceeding of any
     nature, domestic or foreign, criminal or civil, at law or in equity, by or
     against or otherwise affecting the Company, the Business or the Assets. The
     Company has delivered to the Purchaser copies of all relevant court papers
     and other documents relating to the matters referred to in Section 2.5.3 of
     the Company Signing Disclosure Schedule. Except as expressly disclosed in
     Section 2.5.3 of the Company Signing Disclosure Schedule:

                                       16

               2.5.3.1. no such matter or matters, if decided adversely to the
          Company, could have a Material Adverse Effect upon the condition
          (financial or otherwise), assets, liabilities, Business, operations or
          prospects of the Company, the value or utility of the Assets or the
          ability of the Company to consummate the transactions contemplated
          herein;

               2.5.3.2. the Company is not in default with respect to any Order
          by which it is bound or to which its property is subject and there
          exists no Order enjoining or requiring the Company to take any action
          of any kind with respect to the Business or the Assets;

               2.5.3.3. neither the Company nor, to the knowledge of the Company
          and the Covenantors, any officer, director or employee of the Company,
          has been permanently or temporarily enjoined by any Order from
          engaging in or continuing any conduct or practice in connection with
          the Business or the Assets; and

               2.5.3.4. to the knowledge of the Company and the Covenantors, no
          basis exists for any claim, investigation, suit or Proceeding which,
          if decided adversely to the Company, could reasonably be expected to
          have a Material Adverse Affect upon the condition (financial or
          otherwise), assets, liabilities, Business, operations or prospects of
          the Company, the value or utility of the Assets or the Company's
          ability to consummate the transactions contemplated herein.

          2.5.4. Necessary Properties. The Assets are sufficient for the
     continued conduct of the Business as presently conducted and as proposed to
     be conducted and the greenfield sites referred to in the definition of
     Assets are zoned for the construction, operation and/or development of
     ethanol and/or biodiesel alternative energy facilities with a capacity of
     approximately 100,000,000 gallons of ethanol and/or biodiesel per year per
     plant.

          2.5.5. Agreements. Section 2.5.5 of the Company Delayed Disclosure
     Schedule sets forth a true and correct list of each Contract now in effect
     in which the Company was granted any rights in or to (including the right
     to use), or the Company granted any rights in or to (including the right to
     use), the Assets and clearly identifies in which of the Contracts the
     Company was the grantor or the grantee. Except as disclosed in Section
     2.5.5 of the Company Signing Disclosure Schedule, as of the date hereof:

               2.5.5.1. each Material Contract is the valid and binding
          obligation of the other contracting party, enforceable in all material
          respects in accordance with its terms against the other contracting
          party and is in full force and effect; and all rights of the Company
          thereunder are owned free and clear of any Lien or Other Encumbrance;

                                       17

               2.5.5.2. no other contracting party to any Material Contract is
          now in material breach thereof or has breached the same in any
          material respect within the twelve-month period prior to the date
          hereof; the Company has no knowledge of any anticipated material
          breach thereof by any such party; and there are not now, nor have
          there been in the twelve-month period prior to the date hereof, any
          disagreements or disputes between the Company and any other party to
          any Material Contract relating to the validity or interpretation of
          such Material Contract or to the performance by any party thereunder;
          and no event has occurred which with notice and/or lapse of time would
          constitute a material breach or default or permit termination,
          modification or acceleration thereunder;

               2.5.5.3. the Company has fulfilled all material obligations
          required pursuant to each Material Contract to have been performed by
          it prior to the date hereof, and the Company will be able to fulfill,
          when due, all of its obligations under each Material Contract which
          remain to be performed after the date hereof;

               2.5.5.4. the Company has not received any notice that any party
          to any Material Contract intends to cancel or terminate any such
          Material Contract or to exercise or not to exercise any option
          thereunder;

               2.5.5.5. the Company is not a party to, nor bound by, any
          Contract or any provision of its Organizational Documents which (i)
          restricts the conduct of the Business anywhere in the world or (ii)
          contains any unusual or burdensome provisions which could reasonably
          be expected to have a Material Adverse Effect upon the condition
          (financial or otherwise), assets, liabilities, Business, operations or
          prospects of the Company, the value or utility of the Assets or the
          ability of the Company to consummate the transactions contemplated
          herein; and

               2.5.5.6. the Material Contracts include all of the Contracts
          necessary for the use of the Assets in the conduct of the Business as
          conducted during the twelve-month period prior to the date hereof, as
          presently conducted by the Company and as proposed to be conducted.

     2.6. Customer Warranties. There are no pending, or, to the best knowledge
of the Company and the Covenantors, threatened, claims under or pursuant to any
warranty, whether expressed or implied, on products or services sold or supplied
in connection with the Business.

     2.7. Products Liability. Except as disclosed in Section 2.7 of the Company
Signing Disclosure Schedule there has never been any material defects in,
failures to warn, or breaches of warranties or representations with respect to,
any product manufactured, shipped, sold or delivered by the Company.

     2.8. No other businesses. The Company is not engaged in any business other
than the Business.

                                       18

     2.9. Certain Transactions. Except as disclosed in Section 2.9 of the
Company Delayed Disclosure Schedule, all purchases and sales or other
transactions which relate to the Business, if any, between the Company and any
officer, director, shareholder or key employee or Affiliate thereof have
received requisite corporate approvals and have been made on the basis of
prevailing market rates and terms such that from the perspective of the Company,
all such transactions have been made on terms no less favorable than those which
would have been available from unrelated third parties.

     2.10. No Broker. Except as set forth in Section 2.10 of the Company Delayed
Disclosure Schedule, no broker, finder, agent or similar intermediary has acted
for or on behalf of the Company in connection with this Agreement or the
transactions contemplated hereby, and no broker, finder, agent or similar
intermediary is entitled to any broker's, finder's or similar fee or other
commission in connection therewith based on any agreement, arrangement or
understanding with the Company.

     2.11. Business Plan. Attached hereto as Exhibit 2.11 is a true and correct
copy of the Company's current business plan for the years 2006 through 2010
concerning the use, development and marketing of the Assets owned by the Company
and the financing planning therefor (the "PRE-CLOSING BUSINESS PLAN"). The
Pre-Closing Business Plan has been approved by the Company's board of directors.
The opinions, assumptions and timetables contained in the Pre-Closing Business
Plan are reasonable and the Pre-Closing Business Plan has been prepared with due
diligence, care and consideration and is complete and correct in all material
respects and does not contain any untrue statement of material fact and the
Company believes that following the Closing the use, development and marketing
of the Assets and the financing therefor as contemplated by the Pre-Closing
Business Plan are achievable.

     2.12. Full Disclosure. At least fifteen (15) Business Days prior to the
Delayed Date, the Company will have delivered to the Purchaser copies of all
agreements and documents referred to in the Company Signing Disclosure Schedule
and in the Company Delayed Disclosure Schedule. All documents and other papers
delivered to the Purchaser by or on behalf of the Company in connection with
this Agreement and the transactions contemplated herein are accurate, complete
and authentic. Furthermore, the information furnished to the Purchaser by or on
behalf of the Company in connection with this Agreement and the transactions
contemplated herein will not have contained any untrue statement of a material
fact and does not omit to state any material fact necessary to make the
statements made, in the context in which they are made, not false or misleading.
There is no fact which the Company has not disclosed to the Purchaser in writing
which would have a Material Adverse Effect upon the condition (financial or
otherwise), assets, liabilities, Business, operations, properties or prospects
of the Company, the value or utility of the Assets or the ability of the Company
to consummate the transactions contemplated herein.

     2.13. Information for Purchaser's Shareholders. Section 2.13 of the Company
Signing Disclosure Schedule is a description of the businesses and properties of
the Company prepared by the Company for inclusion in Purchaser's proxy statement
for the meeting of Purchaser's shareholders that is to be held for the purpose,
among others, of authorizing and approving the execution and delivery of this
Agreement. The Company acknowledges that potential liability to the Purchaser
may arise out of such use. The description of the business and properties of the
Company does not contain any untrue statement of a material fact or omit to
state any material fact necessary to make the statements or information therein
not misleading.

                                       19

     2.14. Investment Intent; Restricted Securities:

          2.14.1. MAC is acquiring the Merger Shares for investment for its own
     accounts and without any present intention to sell or distribute the Merger
     Shares within the meaning of the Securities Act (for the purposes of this
     Section 2.14, the Merger Shares shall be referred to as the "OFFERED
     SECURITIES"). The Company acknowledges that the statutory basis for the
     exemption from registration under which MAC is acquiring the Offered
     Securities may not be present if any of the Company or MAC have an intent
     to acquire the Offered Securities with a view to the distribution thereof
     within the meaning of the Securities Act.

          2.14.2. The Company is an experienced investor with requisite
     knowledge and experience in financial and business matters to be capable of
     evaluating the merits and risks of acquiring the Offered Securities and is
     an accredited investor as defined under Regulation D as promulgated by the
     United States Securities and Exchange Commission.

          2.14.3. The Company acknowledges that the Offered Securities being
     acquired by the Company are not being registered under the Securities Act
     on the basis of exemptions provided under Section 4(2) of the Securities
     Act and the regulations thereunder, specifically relying on the fact that
     the transactions contemplated by this Agreement and the parties hereto does
     not involve any public offering of securities. The Company further
     acknowledges that the Offered Securities being acquired by it are not being
     registered under applicable state securities laws on the basis of one or
     more exemptions provided under sections thereof and the regulations
     thereunder. The Company acknowledges and understands that Purchaser's
     reliance on an exemption from registration under the Securities Act is
     based in part on the representations, warranties and covenants made by the
     Company in this Agreement and that such representations, warranties and
     covenants were made, inter alia, for this express purpose.

          2.14.4. The Company acknowledges that the Offered Securities being
     acquired by it may be transferred only either pursuant to registration
     under the Securities Act or pursuant to an exemption from the registration
     requirements of the Securities Act, and otherwise in compliance with the
     Israel Securities Law-1968 and the rules and regulations promulgated
     thereunder or any applicable securities laws of any jurisdiction and
     certificates for the Merger Shares may include a legend to such effect,
     unless in the opinion of legal counsel to the Company, which would be in
     form and substance acceptable to the Purchaser's legal counsel, no legend
     on some or all of the Offered Securities would be required under the
     Securities Act and applicable securities laws.

                                       20

          2.14.5. Hart-Scott-Rodino Act. To the knowledge of the Company, based
     on due inquiry, for purposes of the Hart-Scott-Rodino Act, the "acquired
     person" in which the Company is included does not have total assets or
     annual net sales of one hundred million United States Dollars (US
     $100,000,000) or more.

3.   REPRESENTATIONS AND WARRANTIES OF PURCHASER

The Purchaser represents and warrants to the Company and to Gamida as of the
Closing Date as follows:

     3.1. Due Incorporation. The Purchaser is a duly organized and validly
existing company under the Laws of the State of Israel and has all requisite
power and authority to own, lease and operate its assets, properties and
business and to carry on its business as now conducted.

     3.2. Authority to Execute and Perform Agreements. Except as set forth in
Section 3.2 of the Purchaser Disclosure Schedule or in the Purchaser's annual
report on Form 20-F filed with the SEC for the year ending December 31, 2005
(the "20-F"), the Purchaser has all requisite power, authority and approvals
required to enter into, execute and deliver this Agreement and the other
Purchaser Documents at the Closing and to perform fully Purchaser's obligations
hereunder and thereunder as of the Closing Date.

     3.3. Due Authorization. Except as set forth in Section 3.3 of the Purchaser
Disclosure Schedule or in the 20-F, the Purchaser has taken all actions
necessary to authorize it to enter into and perform its obligations under this
Agreement and all other Purchaser Documents that are to be performed as of the
Closing Date and to consummate the transactions contemplated herein and therein
that are to be consummated as of the Closing Date. As of the Closing Date, this
Agreement and the other Purchaser Documents will be, the legal, valid and
binding obligations of the Purchaser, enforceable in accordance with their
respective terms.

     3.4. No Violation. Except as set forth in Section 3.4 of the Purchaser
Disclosure Schedule or in the 20-F, neither the execution and delivery of this
Agreement and all other Purchaser Documents at the Closing nor the consummation
of the transactions contemplated herein and therein that are to be performed as
of the Closing Date will (a) violate any provision of the Organizational
Documents of the Purchaser; (b) violate, conflict with, or constitute a default
under any Contract to which the Purchaser is a party or by which it or its
property is bound; (c) require the consent of any party to any material Contract
to which the Purchaser is a party by which it or its property is bound; or (d)
violate any Laws or Orders to which the Purchaser or its property is subject.

     3.5. Regulatory Approvals and Other Consents. Section 3.5 of the Purchaser
Disclosure Schedule sets forth a complete and accurate description of each
consent, approval, authorization, notice, filing, exemption or other
requirement, whether prescribed by the Organizational Documents of the Company,
a Law or Order or whether required pursuant to the terms of any material
contract, or other binding obligation, which must be obtained from any Person or
Authority or which must otherwise be satisfied by the Purchaser in order that
(i) the execution or delivery by the Purchaser of this Agreement or any of the
other Purchaser Documents at the Closing and (ii) the consummation of the
transactions contemplated herein or therein that are to be performed as of the
Closing Date, will not cause any breach of the representations and warranties
contained in Section 3.4.

                                       21

     3.6. SEC Filings; Financial Statements.

          3.6.1. SEC Filings. Purchaser has filed all forms, reports,
     registration statements and documents required to be filed by Purchaser
     with the SEC since January 1, 2004. The Purchaser has made available to the
     Company and Gamida all such forms, reports, and documents in the form filed
     with the SEC since such date, but not the exhibits and schedules thereto or
     the documents incorporated therein, by virtue of having filed them on the
     SEC's Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system.
     All such required forms, reports and documents (including those that
     Purchaser may file subsequent to the date hereof until the Closing) are
     referred to herein as the "PURCHASER SEC REPORTS;" provided, that any
     Purchaser SEC Report shall be deemed to include all amendments to such
     report through the Closing Date. As of their respective filing dates (or if
     amended or superseded by a filing prior to the Closing Date, then on the
     date of such filing), the Purchaser SEC Reports (i) complied in all
     material respects with the requirements of the Securities Act or the
     Exchange Act, as the case may be, and the rules and regulations of the SEC
     thereunder applicable to such Purchaser SEC Reports and (ii) did not
     contain any untrue statement of a material fact or omit to state a material
     fact required to be stated therein or necessary in order to make the
     statements therein, in the light of the circumstances under which they were
     made, not misleading, except to the extent corrected by subsequently filed
     documents with the SEC.

          3.6.2. Financial Statements. Each of the consolidated financial
     statements of Purchaser (including, in each case, the notes thereto),
     included in the Purchaser SEC Reports (the "PURCHASER FINANCIAL
     STATEMENTS") since January 1, 2005, including each Purchaser SEC Report
     filed after the date hereof until the Closing (or if amended or superseded
     by a filing prior to the Closing Date, then on the date of such filing),
     (i) complied as to form in all material respects with the applicable rules
     and regulations of the SEC with respect thereto; (ii) was prepared in
     accordance with US GAAP applied on a consistent basis throughout the
     periods indicated (other than as may be otherwise indicated in the
     financial statements or the notes thereto or in the case of unaudited
     interim financial statements to the extent they may not include notes or
     may be condensed or summary statements); and (iii) fairly presented the
     consolidated financial position of Purchaser and its subsidiaries at the
     respective dates thereof and the consolidated results of Purchaser's
     operations and cash flows for the periods indicated (subject, in the case
     of unaudited financial statements, to audit adjustments). There has been no
     change in Purchaser's accounting policies during the periods covered by the
     audited Purchaser Financial Statements except as described in the notes to
     the audited Purchaser Financial Statements.

                                       22

     3.7. Litigation. Other than as set forth in Section 3.7 of the Purchaser
Disclosure Schedule or in the Purchaser SEC Reports, there is no action, suit or
proceeding of any nature pending or to the Purchaser's knowledge threatened
against the Purchaser, nor, to the knowledge of the Purchaser, is there any
reasonable basis therefor, the adverse result of which would have a Material
Adverse Effect.

     3.8. No Material Adverse Effect. Since December 31, 2005, except as
otherwise described in the Purchaser SEC Reports, there has not been any
Material Adverse Effect to the Purchaser.

     3.9. Valid Issuance. The newly issued Purchaser Ordinary Shares to be
issued at the Closing in the transactions contemplated by this Agreement will,
when issued in accordance with the provisions of this Agreement, be validly
issued and outstanding, fully paid and non-assessable.

     3.10. No Broker. Except as set forth in Section 3.10 of the Purchaser
Disclosure Schedule or in the 20-F, no broker, finder, agent or similar
intermediary has acted for or on behalf of the Purchaser in connection with this
Agreement or the transactions contemplated hereby, and no broker, finder, agent
or similar intermediary is entitled to any broker's, finder's similar fee or
other commission in connection therewith based on any agreement, arrangement or
understanding with the Purchaser.

     3.11. Hart-Scott-Rodino Act. To the knowledge of the Purchaser, based on
due inquiry, for purposes of the Hart-Scott-Rodino Act, the "acquiring person"
in which the Purchaser is included does not have total assets or annual net
sales of one hundred million United States Dollars (US $100,000,000) or more.

4.   REPRESENTATIONS AND WARRANTIES OF GAMIDA

Gamida represents and warrants to the Purchaser and to the Company as of the
Closing Date as follows:

     4.1. Due Incorporation. Gamida is a duly organized and validly existing
company under the Laws of the Netherlands and has all requisite power and
authority to own, lease and operate its assets, properties and business and to
carry on its business as now conducted.

     4.2. Authority to Execute and Perform Agreements. Gamida has all requisite
power, authority and approval required to enter into, execute and deliver this
Agreement and the other Gamida Documents and to perform fully its obligations
hereunder and thereunder that are to be performed as of the Closing Date.

     4.3. Holdings of Purchaser Shares. Except as set forth in Section 4.3 of
the Gamida Disclosure Schedule, Gamida has sole voting power with respect to no
less than four million seven hundred thousand (4,700,000) Purchaser Ordinary
Shares (including the 10,132 shares referred to in Section 1.62 above). Also, as
set forth in Section 4.3 of the Gamida Disclosure Schedule, Gamida holds certain
of such Purchaser Ordinary Shares subject to Liens or Other Encumbrances.

                                       23

     4.4. Due Authorization. Except as set forth in Section 4.4 of the Gamida
Disclosure Schedule, Gamida has taken all actions necessary to authorize it to
enter into and perform its obligations under this Agreement and all other Gamida
Documents that are to be performed as of the Closing Date and to consummate the
transactions contemplated herein and therein that are to be performed as of the
Closing Date. As of the Closing Date, this Agreement and such other Gamida
Documents will be, the legal, valid and binding obligations of Gamida,
enforceable in accordance with their respective terms.

     4.5. No Violation. Except as set forth in Section 4.5 of the Gamida
Disclosure Schedule, neither the execution and delivery of this Agreement and
all other Gamida Documents at the Closing nor the consummation of the
transactions contemplated herein and therein that are to be performed as of the
Closing Date will: (a) violate any provision of any of Gamida's Organizational
Documents; (b) violate, conflict with, or constitute a default under any
Contract to which Gamida is a party or by which it or its property is bound; (c)
require the consent of any party to any material Contract to which Gamida is a
party or by which it or its property is bound; or (d) violate any Laws or Orders
to which Gamida or its property is subject.

     4.6. Regulatory Approvals and Other Consents. Section 4.6 of the Gamida
Disclosure Schedule sets forth a complete and accurate description of each
consent, approval, authorization, notice, filing, exemption or other
requirement, whether prescribed by the Organizational Documents of Gamida, a Law
or Order or whether required pursuant to the terms of any material Contract,
which must be obtained from any Person or Authority or which must otherwise be
satisfied by Gamida in order that (i) the execution or delivery by Gamida of
this Agreement or any of the other Gamida Documents at the Closing and (ii) the
consummation of the transactions contemplated herein or therein that are to be
performed as of the Closing Date, will not cause any breach of the
representations and warranties contained in Section 4.5.

     4.7. Litigation. Section 4.7 of the Gamida Disclosure Schedule sets forth
an accurate and complete description of every pending or, to the knowledge of
the Gamida, threatened Proceeding by or against or otherwise affecting Gamida.
Gamida has delivered to Company and the Purchaser copies of all relevant papers
and other documents relating to the matters referred to in Section 4.7 of the
Gamida Disclosure Schedule. Except as disclosed in Section 4.7 of the Gamida
Disclosure Schedule:

          4.7.1. no such matters disclosed in Section 4.7 of the Gamida
     Disclosure Schedule would have a material adverse effect upon the financial
     condition, assets, liabilities, business, operations or prospects of
     Gamida, or the ability of Gamida to consummate the transactions
     contemplated herein;

          4.7.2. Gamida is not in default in any material respect with respect
     to any Order by which it is bound or to which its property is subject; and

          4.7.3. neither Gamida nor, to the knowledge of Gamida, any officer,
     director or employee of the Gamida, has been permanently or temporarily
     enjoined by any Order from engaging in or continuing any conduct or
     practice in connection with Gamida's business.

                                       24

     4.8. No Broker. Except as set forth in Section 4.8 of the Gamida Disclosure
Schedule, no broker, finder, agent or similar intermediary has acted for or on
behalf of Gamida in connection with this Agreement or the transactions
contemplated hereby, and no broker, finder, agent or similar intermediary is
entitled to any broker's, finder's similar fee or other commission in connection
therewith based on any agreement, arrangement or understanding with Gamida.

5.   COVENANTS AND AGREEMENTS BETWEEN THE COMPANY AND THE PURCHASER EFFECTIVE
     PRIOR TO CLOSING

The Company and the Purchaser covenant to each other and agree as follows:

     5.1. Business Examinations and Physical Investigations of Company Assets by
Purchaser. Prior to the Effective Time (or the termination of this Agreement
pursuant to Section 12), Purchaser shall be entitled, through its employees and
representatives, to make such investigations and examinations of the Business
and the Assets as Purchaser may reasonably request. In order that Purchaser may
have the full opportunity to do so, the Company shall furnish Purchaser and its
representatives during such period with all information concerning the Business
and the Assets as Purchaser or such representatives may reasonably request and
cause the Company's officers, employees, consultants, agents, accountants and
attorneys to cooperate fully with Purchaser and its representatives. Any such
investigations and examinations shall be conducted at reasonable times and under
reasonable circumstances. No investigation by Purchaser shall, however, diminish
or obviate in any way, or affect Purchaser's right to rely upon, any of the
representations, warranties, covenants or agreements of the Company or the
Convenantors contained in this Agreement or in any other Company Document.
Whether or not the Closing shall take place, the Company hereby waives any cause
of action, right, or claim arising out of the access of Purchaser or its
representatives to any trade secrets or other confidential business information
of the Company from the date of this Agreement until the Closing Date, except
for the intentional competitive misuse by Purchaser or its representatives of
such trade secrets or other confidential business information if the Closing
does not take place.

     5.2. Business Examinations and Physical Investigations of Purchaser by the
Company. Prior to the Effective Time (or the termination of this Agreement
pursuant to Section 12), the Company shall be entitled, through its employees
and representatives, to make such investigations and examinations of the
Purchaser as the Company may reasonably request. In order that the Company may
have the full opportunity to do so, the Purchaser shall furnish the Company and
its representatives during such period with all information concerning the
Purchaser as the Company or such representatives may reasonably request and
cause the Purchaser's officers, employees, consultants, agents, accountants and
attorneys to cooperate fully with the Company and its representatives. Any such
investigations and examinations shall be conducted at reasonable times and under
reasonable circumstances. No investigation by the Company shall, however,
diminish or obviate in any way, or affect the Company's right to rely upon, any
of the representations, warranties, covenants or agreements of the Purchaser
contained in this Agreement or in any other Purchaser Document. MAC and the
Company acknowledge that such investigations and examinations may provide MAC
and/or the Company and/or any of their respective directors, officers, employees
and/or representative privy to certain non-public information, and therefore
each of the above agrees and undertakes (and MAC and/or the Company, as
applicable, shall have each of their respective directors, officers, employees
and/or representative who has access to such information agree and undertake)
not to trade in any securities of HC for so long as such information has not
been disclosed to the public.

                                       25

     5.3. Conduct of Business. From the date hereof through the Effective Time
(or the termination of this Agreement pursuant to Section 12), the Company shall
conduct the Business only in the ordinary course consistent with its past
practices and as contemplated by the business plan attached hereto as Exhibit
2.11, and in compliance with all Laws and Orders to which the Company is subject
and shall promptly notify the Purchaser and Gamida of any Material Adverse
Change to the Company.

COVENANTS AND AGREEMENTS AMONG THE COMPANY, THE PURCHASER AND GAMIDA EFFECTIVE
PRIOR TO CLOSING

The parties covenant and agree as follows:

     5.4. Hart-Scott-Rodino Act. If required, the parties shall, as soon as
practicable after the date hereof, file Notification and Report forms under the
Hart-Scott-Rodino Act with the Federal Trade Commission and the Antitrust
Division of the Department of Justice with respect to the transactions
contemplated herein, shall file requests for early termination and shall use
reasonable efforts to respond as promptly as practicable to all inquiries
received from the Federal Trade Commission or the Antitrust Division for
additional information or documentation. Each party shall furnish the other with
copies of all documents so filed by it. To the extent permitted by Law, the
parties shall request such governmental agencies to treat as confidential all
information submitted to them. Based upon the expectation of the parties to this
Agreement, it is anticipated that filings required under the Hart-Scott-Rodino
Act will not become necessary, as the transactions contemplated by this
Agreement are exempt from such coverage. Provided, however, in the event
compliance with the Hart-Scott-Rodino Act becomes necessary, the Company shall
bear all expenses of such compliance including all registration and filing fees
with respect to any documents filed by any of the parties hereto under this
Section 5.4.

     5.5. No Solicitation or Negotiation. Until the Effective Time (or the
termination of this Agreement pursuant to Section 12):

                                       26

          5.5.1. the Company, the NexGen Subsidiaries and the Covenantors shall
     not, nor shall they cause, suffer or permit their shareholders, directors,
     officers, employees, representatives, agents, investment bankers, advisors,
     accountants or attorneys to, initiate or solicit, directly or indirectly,
     any inquiries or the making of any proposal, or engage in negotiations or
     discussions with any Person, or provide any confidential information or
     data to any Person, with respect to any acquisition, business combination
     or purchase of all or any Asset or other significant asset of the Company,
     or any direct or indirect equity interest in the Company and/or the NexGen
     Subsidiaries or with respect to any acquisition of any shares of the
     Purchaser or otherwise facilitate any effort or attempt to seek any of the
     foregoing. Furthermore, the Company, the NexGen Subsidiaries and the
     Covenantors shall immediately terminate all existing activities,
     discussions or negotiations with any Person with respect to any of the
     foregoing.

          5.5.2. Gamida shall not, nor shall it cause, suffer or permit its
     shareholders, directors, officers, employees, representatives, agents,
     investment bankers, advisors, accountants or attorneys to, initiate or
     solicit, directly or indirectly, any inquiries or the making of any
     proposal, or engage in negotiations or discussions with any Person, with
     respect to any acquisition of Gamida's shareholdings in the Purchaser which
     would cause Gamida to hold less than 4,700,000 (four million seven hundred
     thousand) Purchaser Ordinary Shares. Furthermore, Gamida shall immediately
     terminate all existing activities, discussions or negotiations with any
     Person with respect to any of the foregoing.

     5.6. The Purchaser, the Company and Gamida shall use their best efforts and
provide documentation, information and supporting materials that may become
necessary and required in order for the transactions which are the subject of
this Agreement to be promptly approved by the District Court of Tel-Aviv, in the
context of an approved plan of arrangement pursuant to ss.350 and following the
Israel Companies Law-1999.

6.   CONDITIONS PRECEDENT TO THE OBLIGATION OF EACH PARTY TO CLOSE

The obligations of the Company, the Purchaser and Gamida to consummate the
transactions contemplated herein shall be subject to the fulfillment, at or
prior to the Closing, of all of the conditions set forth below in this Section
6. Each of the Company, the Purchaser and Gamida may waive, in their sole
discretion, any or all of such conditions in whole or in part without prior
notice, provided, however, that no such waiver shall constitute a waiver by any
other party.

     6.1. No Action or Proceeding. No Proceeding shall have been instituted or
threatened before any Authority seeking to challenge or restrain the
transactions contemplated herein which presents a risk that such transactions
will be restrained or that any party hereto may suffer damages or other relief
as a result of consummating such transactions.

     6.2. Approvals and Consents. Any and all corporate and regulatory approvals
or third party consents listed in Section 2.2 and 2.3 of the Company Disclosure
Schedule, Section 3.5 of the Purchaser Disclosure Schedule and Section 4.6 of
the Gamida Disclosure Schedule shall have been obtained.

                                       27

     6.3. Approval By Court. The Court shall have approved the transactions set
forth in this Agreement in the context of an approved plan of arrangement
pursuant to ss.350 and following of the Israel Companies Law--1999, shall have
issued the Order of Arrangement and all filings required to be made following
such actions shall have been made.

     6.4. Hart-Scott-Rodino Act. Any applicable waiting periods under the
Hart-Scott-Rodino Act shall have expired.

     6.5. The parties shall have received from the Israeli tax authorities an
exemption from withholding tax in connection with the transactions described in
Sections 1.62 and 1.70 above.

7.   CONDITIONS PRECEDENT TO THE OBLIGATION OF PURCHASER TO CLOSE

Without derogating from Section 6, the obligation of the Purchaser to consummate
the transactions contemplated herein shall be subject to the fulfillment, at or
before the Closing Date, of all of the conditions set forth below in this
Section 7. The Purchaser may waive in its sole discretion any or all of such
conditions in whole or in part without prior notice.

     7.1. Company Deliverables, Representations and Warranties and Performance
of Covenants.

          7.1.1. The representations and warranties of the Company, MAC, the
     NexGen Subsidiaries and the Convenantors contained in this Agreement and in
     any Company Document shall be true in all material respects when made and
     on and as of the Closing Date, and at the Closing, the Company shall have
     delivered to Purchaser a certificate on behalf of the Company and MAC to
     such effect signed by the chief financial officer of the Company and MAC
     respectively and addressed to Purchaser.

          7.1.2. The Company shall transfer, convey, assign and deliver to
     NewCo, by appropriate deeds, bills of sale, assignments and other
     instruments reasonably satisfactory to the Purchaser and its counsel all of
     the Company's right, title and interest in and to any and all Assets,
     including, for the removal of doubt, any inventions, discoveries or
     improvements on the Assets, free and clear of all liabilities, obligations,
     Liens and Other Encumbrances together with such other instruments of sale,
     transfer, conveyance, assignment and confirmation satisfactory to the
     Purchaser and its counsel, and the Company shall take such further actions,
     as the Purchaser may reasonably deem necessary or desirable in order to
     convey to NewCo, and to confirm NewCo's title to, all of the Assets, and to
     put NewCo in actual possession and operating control thereof. Neither the
     Purchaser nor NewCo shall assume, perform, discharge or pay any obligations
     and liabilities relating to the Assets, whether the same are direct or
     indirect, fixed, contingent or otherwise, known or unknown, whether
     existing at the Effective Time or arising thereafter unless specifically
     assumed by NewCo as set forth in this Section 7.1.2. From the Effective
     Time, NewCo shall assume, perform, discharge only those unperformed
     obligations and liabilities of the Company arising under each of the
     written Contracts and the Licenses and Permits transferred to NewCo under
     the Merger, and only from the Effective Time provided such Contracts and
     Licenses and Permits are necessary for the conduct of Business and that
     such unperformed obligations and liabilities are not as a result of any
     breach of contract, breach of warranty, default, tort or infringement of
     the rights of another by the Company.

                                       28

          7.1.3. The Company shall indemnify the Indemnitees and hold them
     harmless against any claim by any Person to cause or require the
     Indemnitees to pay, perform or discharge any debt, obligation, deficiency,
     liability or commitment of the Company or the NexGen Subsidiaries relating
     to the Assets or otherwise, whether direct or indirect, fixed, contingent
     or now or as of the Effective Time known or unknown, and whether or not
     then due or payable, which exists now, as of the Effective Time or which
     arises thereafter, including against all damages, awards, judgments and
     other losses, however suffered or characterized, all interest thereon, all
     actual attorneys' fees incurred in connection therewith, as well as the
     costs and expenses of defending any such claim, unless such claims relate
     to unperformed obligations and liabilities of the Company which are
     specifically assumed by NewCo as set forth in Section 7.1.2 above.

          7.1.4. Each obligation of the Company to be performed by it on or
     before the Closing Date pursuant to the terms of this Agreement shall have
     been duly performed in all material respects on or before the Closing Date,
     and at the Closing, the Company shall have delivered to the Purchaser a
     certificate to such effect addressed to the Purchaser signed by its chief
     financial officer.

          7.1.5. The Purchaser shall have received from the Company and MAC
     copies of resolutions of their respective Board of Directors, and of any
     other corporate body whose approval is required, approving their respective
     execution and performance of this Agreement and the other Company Documents
     and to perform fully their respective obligations hereunder and thereunder.

          7.1.6. The Purchaser shall have received from the Company a
     certificate of good standing, dated not earlier than five (5) days prior to
     the Closing Date, with respect to the State of Delaware and each other
     jurisdiction in which the Company and the NexGen Subsidiaries do business.

          7.1.7. The Purchaser shall have received from the Company and MAC all
     other properties, documents and certificates required to be delivered to
     Purchaser hereunder as of the Closing Date, to the extent not theretofore
     delivered.

          7.1.8. The Purchaser shall have received from the Company a written
     valuation prepared by a recognized firm acceptable to the Purchaser for the
     benefit of the Purchaser, in form and substance satisfactory to the
     Purchaser, which approval shall not be unreasonably withheld, confirming
     that as of the Closing Date, the Current Assets, on an "enterprise
     valuation basis", have a value of no less than $50,000,000 (USD) (the
     "MINIMUM VALUATION AMOUNT"), provided that such valuation may give the
     Current Assets a value of less than the Minimum Valuation Amount (the
     difference between such lesser value and the Minimum Valuation Amount, the
     "COMPLETION AMOUNT"), in which case the Company shall be required to
     transfer to NewCo (or in the case of cash, to NewCo or to HC) the
     Completion Assets. In Purchaser's sole and absolute discretion, the Minimum
     Valuation Amount may be reduced, but to no less than $30,000,000 (USD), and
     if so reduced in Purchaser's sole and absolute discretion, then the Minimum
     Valuation Amount shall be such lower amount.

                                       29

          7.1.9. The Completion Assets shall have a value as of the Closing Date
     of no less than the Completion Amount, as evidenced by such reports,
     instruments or other evidence in form and substance satisfactory to the
     Purchaser in its sole discretion, which may include a written valuation
     prepared by a recognized firm acceptable to the Purchaser for the benefit
     of the Purchaser.

          7.1.10. The Purchaser shall be satisfied in its absolute discretion
     that following the Closing, NewCo shall have or reasonably be able to
     obtain financing for the construction and operation of at least one (1) of
     the manufacturing plants contemplated by the definition of Current Assets
     in Section 1.3 above.

          7.1.11. No Adverse Change. There shall not have occurred to the
     Company, the NexGen Subsidiaries or MAC between the date hereof and the
     Closing Date any Material Adverse Change, and, at the Closing, the Company
     and MAC shall have delivered to the Purchaser a certificate to such effect
     signed by the chief financial officer of the Company and MAC and addressed
     to Purchaser.

          7.1.12. Purchaser shall have satisfied itself, after receipt and
     consideration of the Company Disclosure Schedule and after Purchaser and
     its representatives have completed the review of the Business, that none of
     the information revealed thereby has resulted in, or in the opinion of
     Purchaser may result in, a Material Adverse Effect with respect to the
     Company, the NexGen Subsidiaries or MAC.

          7.1.13. Opinion of Counsel. Purchaser shall have received from the
     Company the opinion of the Law Office of Gregory Bartko, P.C., counsel to
     the Company, dated as of the Closing Date, addressed to Purchaser in form
     and substance satisfactory to the Purchaser. The form of such opinion shall
     be attached hereto at the Closing as Exhibit 7.1.13.

          7.1.14. Due Diligence. Purchaser's legal, scientific, business and
     financial due diligence review of the Company and MAC, all of their
     respective subsidiaries and affiliates, and of the Business and the Assets
     shall have been completed to the sole and complete satisfaction of the
     Purchaser and its advisors. The schedules and exhibits hereto which are to
     prepared by the Company or MAC, including the Company Delayed Disclosure
     Schedule, shall be in form and substance satisfactory to Purchaser in its
     sole discretion and shall have been delivered to the Purchaser no later
     than the dates for the delivery thereof in accordance with this Agreement.

          7.1.15. The Company shall have delivered to Purchaser a certificate
     addressed to Purchaser, in form and substance satisfactory to the
     Purchaser, confirming that the Covenantors who are not MAC and the Company
     have agreed to be legally bound by their obligations as contemplated by
     this Agreement.

                                       30

     7.2. Gamida Deliverables, Representations and Warranties and Performance of
Covenants.

          7.2.1. The representations and warranties of Gamida contained in this
     Agreement and in any Gamida Document shall be true in all material respects
     on and as of the Closing Date, and at the Closing, Gamida shall have
     delivered to Purchaser a certificate to such effect signed by a director of
     Gamida and addressed to Purchaser.

          7.2.2. Gamida shall provide to the Purchaser a certificate addressed
     to Purchaser signed by a director of Gamida stating that the Purchaser
     Ordinary Shares to be transferred by Gamida at the Closing are not subject
     to any Liens or Other Encumbrances or shall provide irrevocable
     undertakings from the holders of any such Liens or Other Encumbrances that
     such Liens or Other Encumbrances shall be automatically cancelled as of the
     Closing.

          7.2.3. Gamida shall deliver to HC duly executed share transfer deeds
     with respect to the Gamida HC Shares.

          7.2.4. The Purchaser shall pay any and all indebtedness owed by the
     Purchaser to Gamida, including indebtedness stemming from loans made by
     Gamida to the Purchaser and Gamida shall pay any and all indebtedness owed
     by it to the Purchaser, including indebtedness stemming from loans made by
     the Purchaser to Gamida, such that none of the Purchaser or Gamida shall
     remain indebted to each other.

          7.2.5. Each obligation of Gamida to be performed by it on or before
     the Closing Date pursuant to the terms of this Agreement shall have been
     duly performed in all material respects on or before the Closing Date, and
     at the Closing Gamida shall have delivered to the Purchaser a certificate
     to such effect addressed to Purchaser signed by a director of Gamida.

          7.2.6. The Purchaser shall have received from Gamida copies of
     resolutions of Gamida's Board of Directors, and of any other corporate body
     whose approval is required, approving Gamida's execution and performance of
     this Agreement, including, but not limited to, purchase all of the
     Purchaser's shareholdings in the Existing Subsidiaries.

          7.2.7. The Purchaser shall have received from Gamida such
     documentation as may be reasonably requested by the Purchaser evidencing
     the assumption by Gamida of all Healthcare Liabilities (it being understood
     that the absence of such documentation shall not derogate from Gamida's
     assumption of the Healthcare Liabilities pursuant to the terms of this
     Agreement).

          7.2.8. No Adverse Change. There shall not have occurred to Gamida
     between the date hereof and the Closing Date any Material Adverse Change,
     and, at the Closing, Gamida shall have delivered to the Purchaser a
     certificate to such effect signed by a director of Gamida and addressed to
     Purchaser.

                                       31

          7.2.9. Opinion of Counsel. Purchaser shall have received from Gamida
     the opinion of Gareth Keene, a director of Gamida serving as International
     Counsel to Gamida, dated as of the Closing Date, addressed to Purchaser in
     form and substance satisfactory to the Purchaser. The form of such opinion
     shall be attached hereto at the Closing as Exhibit 7.2.9.

     7.3. Without derogating from Section 6.2, the Purchaser's audit committee,
board of directors and shareholders shall have approved the transactions
contemplated by this Agreement as required by applicable law and the Purchaser's
Organizational Documents.

8.   CONDITIONS PRECEDENT TO THE OBLIGATION OF THE COMPANY TO CLOSE

Without derogating from Section 6, the obligation of the Company to consummate
the transactions contemplated herein shall be subject to the fulfillment, at or
before the Closing Date, of all the conditions set forth below in this Section
8. The Company may waive in its sole discretion any or all of such conditions in
whole or in part without prior notice.

     8.1. Purchaser Deliverables, Representations and Warranties and Performance
of Covenants.

          8.1.1. The representations and warranties of the Purchaser contained
     in this Agreement and in any Purchaser Document shall be true when in all
     material respects made and on and as of the Closing Date, and, at the
     Closing, the Purchaser shall have delivered to the Company a certificate to
     such effect signed by the chief executive officer and the chief financial
     officer of the Purchaser and addressed to the Company.

          8.1.2. Performance of Covenants. Each obligation of the Purchaser to
     be performed by it on or before the Closing Date pursuant to the terms of
     this Agreement shall have been duly performed in all material respects on
     or before the Closing Date, and at the Closing the Purchaser shall have
     delivered to the Company a certificate to such effect addressed to Company
     signed by its chief executive officer and chief financial officer.

          8.1.3. The Company shall have received from the Purchaser copies of:
     (i) letters of resignation from the board of directors of the Purchasers,
     effective and subject to the Closing, executed by each of the directors of
     the Purchaser other than Mr. Israel Amir and the Outside Directors (as
     defined in the Companies Law); (ii) resolutions of the Purchaser's Audit
     Committee, Board of Directors and shareholders approving the Purchaser's
     execution and performance of this Agreement, including the issuance of the
     Merger Shares, and an increase of the Purchaser's authorized share capital
     (if necessary), and (iii) the resolutions of the shareholders of the
     Purchaser appointing, subject to the Closing, the persons listed in Exhibit
     8.1.3 to the board of directors of the Purchaser.

                                       32

          8.1.4. The Purchaser shall have delivered to NASDAQ, to the extent
     required, a Listing of Additional Shares form regarding the Merger Shares
     to be issued and/or transferred at Closing.

          8.1.5. There shall not have occurred to the Purchaser between the date
     hereof and the Closing Date any Material Adverse Change, and, at the
     Closing, the Purchaser shall have delivered to the Company a certificate to
     such effect signed by the president and chief financial officer of the
     Purchaser and addressed to Company.

          8.1.6. Opinion of Counsel to Purchaser. The Company shall have
     received the opinion of Yigal Arnon & Co., counsel to the Purchaser, dated
     as of the Closing Date, addressed to the Company, in form and substance
     reasonably satisfactory to the Company. The form of such opinion shall be
     attached hereto at the Closing as Exhibit 8.1.6.

          8.1.7. The Purchaser shall be in material compliance with all Nasdaq
     maintenance listing standards in order for the Purchaser Ordinary Shares to
     be quoted for trading on the Nasdaq Global Market or the Nasdaq Capital
     Market and is not subject to any threat of a proceeding or any proceeding
     to disqualify the Purchaser Ordinary Shares from qualification to trade on
     the Nasdaq Global Market or the Nasdaq Capital Market (it being recorded
     that as of the date hereof, the Purchaser Ordinary Shares are quoted for
     trade on the Nasdaq Capital Market). Notwithstanding the foregoing, in the
     event that Nasdaq shall determine that the transactions contemplated by
     this Agreement constitute a "reverse merger" within the meaning of Rule
     4340(a) of the Nasdaq Marketplace Rules, it shall not be a condition to
     Closing that the Purchaser is able to meet the initial listing criteria of
     the Nasdaq Capital Market in order to permit the continued listing of the
     Purchaser on Nasdaq.

          8.1.8. HC shall provide to the Company a certificate executed by its
     chief executive officer and chief financial officer certifying that any and
     all indebtedness existing between the Purchaser and the Existing
     Subsidiaries, as of the Closing, except for the Subsidiary Loan, has been
     cancelled, paid in full or otherwise settled.

     8.2. Gamida Deliverables, Representations and Warranties and Performance of
Covenants.

          8.2.1. Representations and Warranties. The representations and
     warranties of Gamida contained in this Agreement and in any Gamida Document
     shall be true in all material respects on and as of the Closing Date, and
     at the Closing, Gamida shall have delivered to the Company a certificate to
     such effect signed by a director of Gamida and addressed to the Company.

          8.2.2. Performance of Covenants. Each obligation of Gamida to be
     performed by it on or before the Closing Date pursuant to the terms of this
     Agreement shall have been duly performed in all material respects on or
     before the Closing Date, and at the Closing, Gamida shall have delivered to
     the Company a certificate to such effect addressed to Company signed by a
     director of Gamida.

                                       33

          8.2.3. The Company shall have received from Gamida copies of
     resolutions of Gamida's Board of Directors, and of any other corporate body
     whose approval is required, approving Gamida's execution and performance of
     this Agreement, including, but not limited to, its undertakings to purchase
     all of the Purchaser's shareholdings in the Existing Subsidiaries.

          8.2.4. Opinion of Counsel. The Company shall have received from Gamida
     the opinion of Gareth Keene, a director of Gamida serving as International
     Counsel to Gamida, dated as of the Closing Date, addressed to the Company
     in form and substance satisfactory to the Company. The form of such opinion
     shall be attached hereto at the Closing as Exhibit 8.2.4.

          8.2.5. Gamida shall provide to the Company a certificate addressed to
     the Company signed by a director of Gamida stating that the Purchaser
     Ordinary Shares to be transferred by Gamida at the Closing to the Purchaser
     are not subject to any Liens or Other Encumbrances or shall provide
     irrevocable undertakings from the holders of any such Liens or Other
     Encumbrances that such Liens or Other Encumbrances shall be automatically
     cancelled as of the Closing.

9.   CONDITIONS PRECEDENT TO THE OBLIGATION OF GAMIDA TO CLOSE

Without derogating from Section 6, the obligations of Gamida to consummate the
transactions contemplated herein shall be subject to the fulfillment, at or
prior to the Closing, of all of the conditions set forth below in this Section
9. Gamida may waive, in its sole discretion, any or all of such conditions in
whole or in part without prior notice.

     9.1. The Purchaser shall have delivered to Gamida a written valuation
prepared by David Boas Business Consulting Ltd. dated no earlier than December
1, 2006 for the benefit of Gamida confirming that as of the date of said
opinion, the Healthcare Assets taken as a whole, net of the Healthcare
Liabilities, have a value of no less than seven million dollars ($7,000,000).

     9.2. HC shall transfer, convey, assign and deliver to Gamida by appropriate
deeds, bills of sale, assignments and other instruments all of HC's right, title
and interest in and to any and all Healthcare Assets together with such other
instruments of sale, transfer, conveyance, assignment and confirmation.

     9.3. The representations and warranties of the Purchaser, MAC, the NexGen
Subsidiaries and the Company contained in this Agreement and in any Purchaser or
Company Document shall be true on in all material respects and as of the Closing
Date, and, at the Closing, the Purchaser shall have delivered to Gamida a
certificate addressed to Gamida to such effect signed by the Purchaser's chief
executive officer and chief financial officer and the Company and MAC shall have
delivered to Gamida a certificate addressed to Gamida to such effect signed by
their respective chief financial officer.

                                       34

     9.4. Performance of Covenants. Each obligation of the Purchaser and the
Company to be performed by them on or before the Closing Date pursuant to the
terms of this Agreement shall have been duly performed in all material respects
on or before the Closing Date, and at the Closing such parties shall have
delivered to Gamida a certificate to such effect addressed to Gamida signed by
their respective chief executive officer and chief financial officer.

     9.5. HC shall provide to Gamida a certificate executed by its chief
executive officer and chief financial officer certifying that any and all
indebtedness existing between the Purchaser and the Existing Subsidiaries, as of
the Closing, except for the Subsidiary Loan, has been cancelled, paid in full or
otherwise settled.

     9.6. The Purchaser shall pay any and all indebtedness owed by the Purchaser
to Gamida, including indebtedness stemming from loans made by Gamida to the
Purchaser and Gamida shall pay any and all indebtedness owed by it to the
Purchaser, including indebtedness stemming from loans made by the Purchaser to
Gamida, such that none of the Purchaser or Gamida shall remain indebted to each
other.

     9.7. Opinion of Counsel to Purchaser. Gamida shall have received the
opinion of Yigal Arnon & Co., counsel to the Purchaser, dated as of the Closing
Date, addressed to Gamida, in form and substance satisfactory to Gamida. The
form of such opinion shall be attached hereto at the Closing as Exhibit 9.7.

     9.8. Opinion of Counsel of the Company. Gamdia shall have received from the
Company the opinion of the Law Office of Gregory Bartko, P.C., counsel to the
Company, dated as of the Closing Date, addressed to Gamida in form and substance
satisfactory to Gamida. The form of such opinion shall be attached hereto at the
Closing as Exhibit 9.8.

10.  SURVIVAL OF REPRESENTATIONS AND WARRANTIES OF THE PARTIES

     10.1. Survival of Representations and Covenants of the Company.
Notwithstanding any right of the Purchaser to investigate the affairs of the
Company, and notwithstanding any knowledge of facts determined or determinable
by Purchaser pursuant to such investigation or right of investigation, the
Purchaser shall have the right to rely upon the representations, warranties,
covenants and agreements of the Company (including MAC and the NexGen
Subsidiaries) contained in this Agreement or in any Company Document. Each
representation and warranty of the Company (including MAC and the NexGen
Subsidiaries) contained herein or in any Company Document shall survive the
execution and delivery of this Agreement and the Closing and shall thereafter
terminate and expire upon the expiration of the statute of limitations
applicable to claims by third parties against the Company in respect of the
matter or matters which are the subject of said representations, warranties,
covenants and agreements. The covenants and agreements of the Company and the
covenants and agreements of the Covenantors, shall survive in accordance with
their terms or if no term is specified, until the expiry of the applicable
statute of limitations.

                                       35

     10.2. Survival of Representations and Covenants of the Purchaser. Each
representation and warranty of the Purchaser contained herein shall survive the
execution and delivery of this Agreement and the Closing and shall thereafter
terminate and expire upon the expiration of the statute of limitations
applicable to claims by third parties against the Purchaser in respect of the
matter or matters which are the subject of said representations, warranties,
covenants and agreements.

     10.3. Survival of Representations and Covenants of Gamida. Each
representation and warranty of Gamida contained herein shall survive the
execution and delivery of this Agreement and the Closing and shall thereafter
terminate and expire upon the expiration of the statute of limitations
applicable to claims by third parties against Gamida in respect of the matter or
matters which are the subject of said representations, warranties, covenants and
agreements.

11.  COVENANTS AND AGREEMENTS OF THE PARTIES AFTER CLOSING

     11.1. Up until the date of Closing, prior to issuing any publicity release
or announcement with respect to the Business or the Assets, the Company shall
obtain the Purchaser's written approval of the form and substance thereof,
provided, however, that such restrictions shall not apply to any disclosure
required by regulatory Authorities, applicable Law or the rules of any
securities exchange which may be applicable, provided that, to the extent
practicable, the Purchaser is provided with written notice of such disclosure
prior thereto and with the opportunity to consult with the Company with regard
to the content of such disclosure.

     11.2. Business Examinations and Physical Investigations of Company Assets
by Purchaser. From the date hereof through the Closing Date, the Company shall
promptly report to the Purchaser any Material Adverse Change or any information,
or set of circumstances regarding the Company, the Business or the Assets, that
the Purchaser would, as a result of having entered into this Agreement, be
reasonably required to disclose under the Exchange Act, the rules of the SEC or
Nasdaq (or such other exchange on which the Purchaser Ordinary Shares are
traded).

     11.3. Covenants Against Competition. Each of the Covenantors acknowledge
that Purchaser would not purchase the Assets but for the agreements and
covenants of the Covenantors contained in this Section 11.3. Accordingly, each
of the Covenantors covenants and agrees as follows:

                                       36

          11.3.1. Covenant Not to Compete. Such Covenantor shall not at any time
     during the Restricted Period, and within a 50-mile radius of any of the
     plant facilities in existence at such time of HC and/or NewCo and/or any
     other Affiliate of HC: (i) be engaged in a business which is competitive to
     the Business (other than for NewCo or any of its Affiliates) or (ii) have
     any ownership interest (of record or beneficial) in, or have any interest
     as an employee, salesman, consultant, officer or director in, or otherwise
     aid or assist in any manner, any Person that engages in a business which is
     competitive to the Business, so long as NewCo or any successor in interest
     of NewCo remains engaged, directly or indirectly, in the Business;
     provided, however, that any such Covenantor may own, directly or
     indirectly, solely as an investment, securities of any Person which are
     traded on any national securities exchange if such Covenantor owns,
     directly or indirectly, less than three percent (3%) of any class of
     securities of such Person. For purposes of this Section 11.3.1, the
     business activities which may not be engaged in during the Restricted
     Period by such Covenantor or by any Person in which such Covenantor has any
     interest are: the business of planning, constructing, operating and/or
     developing ethanol and biodiesel alternative energy production facilities
     within the United States (the "RESTRICTED BUSINESS ACTIVITIES").

          11.3.2. Solicitation of Business. During the Restricted Period, such
     Covenantor shall not solicit or assist any other Person to solicit any
     business (other than for NewCo or any of its Affiliates) from any present
     or past customer of the Business for a product or service competitive to a
     product or service included in the Restricted Business Activities; or
     request or advise any present customer of the Business to withdraw, curtail
     or cancel its business dealings with the Business.

          11.3.3. Employees. During the Restricted Period, such Covenantor shall
     not directly or indirectly: (i) solicit or encourage any employee or
     consultant of the Business to leave the employ of NewCo or any of its
     Affiliates or (ii) hire any employee who has left the employment of NewCo
     or any of its Affiliates if such hiring is proposed to occur within one
     year after the termination of such employee's employment with NewCo or any
     such Affiliate.

          11.3.4. Confidential Information. From and after the Effective Time,
     except upon NewCo's express prior written consent, such Covenantor shall
     keep secret and retain in strictest confidence, and shall not use for the
     benefit of such Covenantor or any Person, all confidential matters and
     trade secrets known to him relating to the Business, including, without
     limitation, customer lists, pricing policies, operational methods,
     marketing plans or strategies, product development techniques or plans,
     business acquisition plans, new personnel acquisition plans, methods of
     manufacture, technical processes, designs and design projects, invention
     and research projects and other business affairs relating to the Business
     learned by such Covenantor heretofore or hereafter, and shall not disclose
     them to anyone outside of NewCo and its Affiliates; provided, however, that
     the foregoing shall not apply to any information which is or becomes part
     of the public domain (other than as a result of a breach of this Agreement
     or other obligations of confidentiality such Covenantor may owe to NewCo or
     its Affiliates). Any obligation under this Section 11.3.4 shall be subject
     to any obligation to comply with (i) any Law or (ii) any rule or regulation
     of any Authority, provided that such Covenantor has given NewCo timely
     notice of such required disclosure and has exhausted all reasonable means
     of maintaining the confidentiality of such information and further provided
     that such Covenantor provides NewCo with a reasonable opportunity to review
     the disclosure before it is made and to interpose its own objection to the
     disclosure.

                                       37

          11.3.5. Rights and Remedies Upon Breach. If any Covenantor breaches,
     or threatens to commit a breach of, any of the provisions of the
     Restrictive Covenants, NewCo and its Affiliates shall have in addition to,
     and not in lieu of, any other rights and remedies available to them at law
     or in equity, the right and remedy to have the Restrictive Covenants
     specifically enforced, all without the need to post a bond or any other
     security or to prove any amount of actual damage or that money damages
     would not provide an adequate remedy, it being acknowledged and agreed that
     any such breach or threatened breach will cause irreparable injury to the
     Business and the Assets and that monetary damages will not provide an
     adequate remedy to NewCo and its Affiliates.

          11.3.6. Waiver. Such Covenantor hereby waives any and all right to
     attack the validity of the Restrictive Covenants on the grounds of the
     breadth of their geographic scope or the length of their term.

          11.3.7. Judicial Modification. Without derogating from Section 11.3.6,
     if the scope of any restriction contained in this Section 11.3 is too broad
     to permit enforcement of such restriction to its full extent, then such
     restriction shall be enforced to the maximum extent permitted by law, and
     the Covenantor hereby consents and agrees that such scope may be judicially
     modified accordingly in any proceeding brought to enforce such restriction.

          11.3.8. Jurisdiction. Notwithstanding Section 15.4 but without
     derogating therefrom with respect to any other matters, the parties hereto
     intend to and do hereby confer jurisdiction to enforce this Section 11.3
     only upon the courts of any state or other jurisdiction within the
     geographical scope of the covenants contained herein. If the courts of any
     one or more of the states or jurisdictions shall hold such covenant wholly
     unenforceable by reason of the breadth of such scope or otherwise, it is
     the intention of the parties hereto that such determination shall not bar
     or in any way affect the right of NewCo or its Affiliates to the relief
     provided above in the courts of any other state or jurisdiction within the
     geographical scope of such covenant, as to breaches of such covenants in
     such other respective states or jurisdictions; the above covenants as they
     relate to each state or jurisdiction being, for this purpose, severable
     into diverse and independent covenants.

          11.3.9. Affiliate.For the purpose of this Section 11.3, the term
     "Affiliate" shall mean (i) a Person directly or indirectly controlling,
     controlled by or under common control with, HC; (ii) a Person owning or
     controlling 50% or more of the outstanding voting securities of HC, or
     (iii) an officer, director or partner of HC. For these purposes, control
     means the possession, direct or indirect, of the power to direct or cause
     the direction of the management and policies of a Person, whether through
     the ownership of voting securities, by contract or otherwise.

                                       38

     11.4. Indemnification By Purchaser. Purchaser shall indemnify, defend and
hold harmless, the Company, MAC and NewCo, including their respective officers
and directors, and their respective successors (the "MAC INDEMNIFIED PARTIES")
against all losses, claims, damages, costs, expenses (including attorneys'
fees), liabilities or judgments or amounts that are paid in settlement of or in
connection with any threatened or actual claim, action, suit, proceeding or
investigation based in whole or in part on or arising in whole or in part out of
any breach of this Agreement by Purchaser, including but not limited to failure
of any representation or warranty to be true and correct in all material
respects at or before the Closing. Any MAC Indemnified Party wishing to claim
indemnification under this Section, upon learning of any such cause of action,
claim, action, suit, proceeding or investigation, shall notify Purchaser, but
the failure so to notify shall not relieve Purchaser from any liability that it
may have under this Section, except to the extent that such failure would
materially prejudice Purchaser.

     11.5. Indemnification By Gamida. Gamida shall indemnify, defend and hold
harmless, the Company, MAC and NewCo, including their respective officers and
directors, and their respective successors (the "MAC INDEMNIFIED PARTIES")
against all losses, claims, damages, costs, expenses (including attorneys'
fees), liabilities or judgments or amounts that are paid in settlement of or in
connection with any threatened or actual claim, action, suit, proceeding or
investigation based in whole or in part on or arising in whole or in part out of
any breach of this Agreement by Gamida, including but not limited to failure of
any representation or warranty to be true and correct in all material respects
at or before the Closing. Any MAC Indemnified Party wishing to claim
indemnification under this Section, upon learning of any such cause of action,
claim, action, suit, proceeding or investigation, shall notify Gamida, but the
failure so to notify shall not relieve Gamida from any liability that it may
have under this Section, except to the extent that such failure would materially
prejudice Gamida.

          11.5.1. Indemnification By Gamida to MAC. During the 12 month period
     following the Closing (the "INDEMNIFICATION PERIOD"), Gamida shall
     indemnify, defend and hold harmless MAC against all losses, claims,
     damages, costs, expenses (including attorneys' fees), liabilities or
     judgments or amounts that are paid in settlement of or in connection with
     any threatened or actual claim, action, suit, proceeding or investigation
     actually and directly incurred by MAC ("INDEMNIFIABLE AMOUNTS") based in
     whole or in part on or arising in whole or in part out of any breach of
     this Agreement by Purchaser, including but not limited to failure of any
     representation or warranty of Purchaser to be true and correct in all
     material respects at or before the Closing. MAC shall be entitled to make
     claims under this Section 11.5.1 on or before the last day of the
     Indemnification Period and if MAC shall wish to claim indemnification under
     this Section, upon learning of any such cause of action, claim, action,
     suit, proceeding or investigation, shall notify Gamida, but the failure so
     to notify shall not relieve Gamida from any liability that it may have
     under this Section, except to the extent that such failure would materially
     prejudice Gamida. MAC may only seek indemnification under this Section
     11.5.1 if the aggregate Indemnifiable Amount exceeds $100,000. The maximum
     aggregate liability of Gamida under this Section 11.5.1 shall be $1,000,000
     ("AMOUNT LIMITATIONS"). The Amount Limitations shall be reduced by any
     losses of Purchaser which exist at the Closing and which are used after the
     Closing by Purchaser, NewCo or any of their then Affiliates or successors
     to reduce or setoff any amount of taxes payable by such person in any
     jurisdiction (the "TAXES REDUCTION AMOUNT"). In the event such persons
     shall make use of any losses of Purchaser as aforesaid at any time after
     the Closing, then all amounts paid by Gamida under this Section 11.5.1
     which equal the Taxes Reduction Amount shall be promptly returned to
     Gamida. MAC and Purchaser shall promptly notify Gamida in writing of any
     use of any losses of Purchaser as aforesaid by Purchaser, NewCo or any of
     their then Affiliates or successors.

                                       39

     If any such action or other proceeding shall be brought against MAC, Gamida
shall, upon written notice given reasonably promptly following MAC's notice to
Gamida of such action or proceeding, be entitled to assume the defense thereof
at its expense with counsel chosen by Gamida and reasonably satisfactory to MAC;
provided, however, that MAC may at its own expense retain separate counsel to
participate in such defense. Gamida agrees that it will not, without the prior
written consent of MAC, which consent shall not be unreasonably withheld or
delayed, settle or compromise or consent to the entry of any judgment in any
pending or threatened claim, action or proceeding unless such settlement,
compromise or consent includes an unconditional release of MAC from all
liability arising or that may arise out of such claim, action or proceeding.

     Gamida shall not be liable for any indirect, consequential or punitive
damages under this Section 11.5.1, including for any such damages incurred in
connection with the conduct of the business of the Company and/or NewCo
following the Closing, including as such business is proposed to be conducted as
may be reflected in the business plan attached hereto as Exhibit 2.11.

     The provisions of Section 11.5.1 shall be the sole and exclusive remedy for
indemnification by Gamida for breaches of this Agreement by Purchaser, including
but not limited to failure of any representation or warranty of Purchaser to be
true and correct in all material respects at or before the Closing. At the
Closing, Gamida shall deliver to MAC a personal guarantee from Mr. Daniel Kropf,
in form and substance satisfactory to MAC, which approval shall not be
unreasonably withheld, in respect of Gamida's indemnification obligations under
this Section 11.5.1 for a maximum amount of $100,000.

          11.5.2. Indemnification By Gamida. Gamida shall indemnify, defend and
     hold harmless, Purchaser, including its respective officers and directors,
     and its respective successors (the "HC INDEMNIFIED PARTIES") against all
     losses, claims, damages, costs, expenses (including attorneys' fees),
     liabilities or judgments or amounts that are paid in settlement of or in
     connection with any threatened or actual claim, action, suit, proceeding or
     investigation based in whole or in part on or arising in whole or in part
     out of the transfer to Purchaser of the 10,132 shares referred to in
     Section 1.62 above, including but not limited to any adverse claims of
     ownership thereof. Any HC Indemnified Party wishing to claim
     indemnification under this Section, upon learning of any such cause of
     action, claim, action, suit, proceeding or investigation, shall notify
     Gamida, but the failure so to notify shall not relieve Gamida from any
     liability that it may have under this Section, except to the extent that
     such failure would materially prejudice Gamida.

                                       40

     11.6. Indemnification By Covenantors. Without derogating from any other
provision of this Agreement, the Covenantors shall jointly indemnify, defend and
hold harmless the Purchaser and/or Gamida, including their respective officers
and directors, and their respective successors and assigns (collectively the
"PURCHASER INDEMNIFIED PARTIES") against all losses, claims, damages, costs,
expenses (including attorneys' fees), liabilities or judgments or amounts that
are paid in settlement of or in connection with any threatened or actual claim,
action, suit, proceeding or investigation based in whole or in part on or
arising in whole or in part out of any breach of this Agreement by the Company,
MAC or a Covenantor, including but not limited to failure of any representation
or warranty to be true and correct in all material respects at or before the
Closing. Any Purchaser Indemnified Party wishing to claim indemnification under
this Section, upon learning of any such cause of action, claim, action, suit,
proceeding or investigation, shall notify the Company (which hereby undertakes
to notify the other Covenantors if applicable), but the failure so to notify
shall not relieve a Covenantor from any liability that it may have under this
Section, except to the extent that such failure would materially prejudice such
Covenantor.

     11.7. Survival of Indemnification. Subject to Section 11.5.1 above, all
rights to indemnification under Sections 11.411.5 and 11.6 shall survive the
Closing and/or the termination of this Agreement and the provisions of this
Section are intended to be for the benefit of, and shall be enforceable by, each
MAC Indemnified Party, Purchaser Indemnified Party and HC Indemnified Party, and
their heirs and representatives. No Party, including MAC under Section 11.5.1,
shall enter into any settlement regarding the foregoing without prior approval
of the relevant Indemnified Party(ies), as the case may be, or Gamida under
Section 11.5.1.

     11.8. Further Assurance. At any time and from time to time after the
Closing, at NewCo's request and without further consideration, the Company shall
execute and deliver such other instruments of sale, transfer, conveyance,
assignment and confirmation and take such action as NewCo may reasonably deem
necessary or desirable in order more effectively to convey to NewCo, and to
confirm NewCo's title to, all of the Assets, to put NewCo in actual possession
and operating control thereof and to assist NewCo in exercising all rights with
respect thereto.

     11.9. Subsidiary Loan Repayment. Notwithstanding anything to the contrary
in any other document between HC and any Existing Subsidiary, the Subsidiary
Loan shall only be repayable with $230,000 in proceeds received by HC from the
date hereof from the exercise of options to purchase ordinary shares of HC,
outstanding as of the date hereof. In the event the Subsidiary Loan shall have
not been fully repaid on or before 180 days following the Effective Time, then
such Subsidiary Loan shall be forgiven and cancelled and HC shall not be
obligated to make any further payment in connection with the Subsidiary Loan.

     11.10. Gamida Payments. Subject to Section 11.9, in the event, following
the Effective Time, HC is obligated to pay any amount on account of any of the
Healthcare Liabilities, Gamida shall immediately make such payment instead of HC
and if, HC makes such payment, shall immediately reimburse HC for any and all
amounts expended by HC, including any reasonable expenses in association
therewith.

                                       41

     11.11. MAC Payments. In the event, following the Effective Time, HC is
obligated to pay any amount on account of: (i) any of the Healthcare Excluded
Liabilities (other than the Subsidiary Loan which shall be repaid as
contemplated by Section 11.9), or (ii) any of HC's liabilities, debts,
obligations, whether accrued, direct or indirect, fixed, contingent, or
otherwise, created following the Effective Time; MAC shall provide HC with
sufficient funds, either directly or pursuant to a service agreement, to ensure
that HC will be able to pay its liabilities, debts, obligations, whether
accrued, direct or indirect, fixed, contingent, or otherwise, when due.

12.  TERMINATION; REMEDIES

     12.1. Termination Events. This Agreement may be terminated prior to the
Closing:

          12.1.1. by either the Company, the Purchaser or Gamida, if a court of
     competent jurisdiction or Authority shall have issued an order, decree or
     ruling or taken any other action (which order, decree or ruling the parties
     hereto shall use commercially reasonable efforts to lift) and such was not
     at the request of the party seeking termination of the Agreement, in each
     case permanently restraining, enjoining or otherwise prohibiting the
     transactions contemplated by this Agreement, and such order, decree, ruling
     or other action shall have become final and nonappealable;

          12.1.2. by either the Company, the Purchaser or Gamida (i) if the
     Closing has not taken place on or before June 30, 2007 (other than as a
     result of any failure on the part of the terminating party to comply with
     or perform any covenant or obligation of such party set forth in this
     Agreement) or (ii) if a material default under this Agreement, or material
     misrepresentation or material breach of any representation, warranty or
     covenant contained herein, on the part of a non-terminating shall have
     occurred and not been cured within 15 days after written notice thereof; or

          12.1.3. by the mutual consent of the Company, the Purchaser and
     Gamida.

     12.2. Termination Procedures. If the Company, the Purchaser or Gamida wish
to terminate this Agreement pursuant to Section 12.1.1 or 12.1.2, such party
shall deliver to the other parties hereto a written notice stating that the
former is terminating this Agreement and setting forth a brief description of
the basis on which it is terminating this Agreement.

     12.3. Effect of Termination. If this Agreement is terminated pursuant to
Section 12.1, all further obligations of the parties under this Agreement shall
terminate; provided, however, no party shall be relieved of any obligation or
liability arising from any prior breach by such party of any provision of this
Agreement and the parties shall, in all events, remain bound by and continue to
be subject to the provisions set forth in Section 13.

                                       42

     12.4. Specific Performance. The parties acknowledge that the Assets are
unique and cannot be obtained by the Purchaser (or NewCo) except from the
Company and for that reason, among others, the Purchaser and NewCo will be
irreparably damaged in the absence of the consummation of this Agreement.
Therefore, in the event of any breach by the Company or Gamida of this
Agreement, the Purchaser and NewCo shall have the right, at their election, to
obtain an order for specific performance of this Agreement, or such other
injunctive or equitable relief, without the need to post a bond or other
security, to prove any actual damage or to prove that money damages would not
provide an adequate remedy.

13.  EXPENSES; CONFIDENTIALITY

     13.1. Expenses. Unless stated otherwise, each party to this Agreement shall
bear its own direct and indirect expenses incurred in connection with the
negotiation and preparation of this Agreement and the consummation and
performance of the transactions contemplated herein.

     13.2. Confidentiality. Subject to any obligation to comply with (i) any Law
(ii) any rule or regulation of any Authority or (iii) any subpoena or other
legal process to make information available to the Persons entitled thereto,
whether or not the transactions contemplated herein shall be concluded, all
information obtained by any party about any other and all of the terms and
conditions of this Agreement shall be kept in confidence by each party, and each
party shall cause its shareholders, members, directors, officers, employees,
agents, advisors and attorneys to hold such information confidential. Such
confidentiality shall be maintained to the same degree as such party maintains
its own confidential information (but in no event less than reasonable care) and
shall be maintained until such time, if any, as any such data or information
either is, or becomes, published or a matter of public knowledge (other than as
a result of a breach of this Agreement); provided, however, that the foregoing
shall not apply to any information obtained by any party through its own
independent investigations or received by any party from a third party not under
any obligation to keep such information confidential nor to any information
obtained by the Purchaser which is generally known to others engaged in the
trade or business of the Company; and provided, further, that from and after the
Closing, the Purchaser shall be under no obligation to maintain confidential any
such information concerning the Assets and the Business. If this Agreement shall
be terminated for any reason, each party shall return or cause to be returned to
the other all written data, information, files, records and copies of documents,
worksheets and other materials obtained by such party in connection with the
transactions contemplated herein.

     13.3. Publicity. No publicity release or announcement concerning this
Agreement or the transactions contemplated herein shall be issued without
advance written approval of the form and substance thereof by the Purchaser and
the Company; provided, however, that such restrictions shall not apply to any
disclosure required by regulatory Authorities, applicable Law or the rules of
any securities exchange which may be applicable, provided that, to the extent
practicable, the other party or parties are provided written notice of such
disclosure prior thereto with the opportunity to consult with the disclosing
party with regard to the content of such disclosure.

                                       43

14.  NOTICES

     14.1. Notices. All notices, requests and other communications required or
permitted hereunder to be given to a party to this Agreement shall be in writing
and shall be delivered by courier or other means of personal service, or sent by
facsimile or mailed first class, postage prepaid, by certified mail, return
receipt requested, in all cases, addressed to such party's address as set forth
below or at such other address as the party shall have furnished to each other
party in writing in accordance with this provision:

     if to the Purchaser:              Healthcare Technologies Ltd.
                                       32 HaShaham Street
                                       Petach Tikva, Israel
                                       49170
                                       Fax:+972-3-927-7228
                                       Attention: Chief Executive Officer

     with a copy to                    Yigal Arnon & Co.
     (which shall not constitute       One Azrieli Center
     notice):                          46th Floor - Round Tower
                                       Tel-Aviv, Israel
                                       67021
                                       Fax: +972-3-608-7714
                                       Attention: David H. Schapiro, Adv.
                                                  Ari Fried, Adv.

     if to the Company:                NEXGEN Biofuels, Inc.
                                       14 Wall Street, 20th Floor
                                       New York, New York 10005
                                       Attention: Jim McAlinden,
                                       Chief Financial Officer
                                       Fax: 212-202-3628

     with copies to (US Counsel)       Law Office of Gregory Bartko, P.C.
     (which shall not constitute       3475 Lenox Road
     notice):                          Suite 400
                                       Atlanta, Georgia 30326
                                       Attention: Gregory Bartko, Esq.
                                       Fax: 404-238-0550

     with copies to (Israeli           Abraham Sofer, Esquire
     Counsel) (which shall not         1101 30th Street NW, Suite 500
     constitute notice):               Washington DC 20007
                                       Fax: (202) 625-8301

                                       44

     if to Gamida:                     Gamida for Life B.V.
                                       Parnassustoren
                                       Locatellikade 1
                                       1076 AZ Amsterdam
                                       The Netherlands
                                       Fax: 0031 - 20 - 540 8909
                                       Attention: Colin Longhurst

     with copies to                    Gareth Keene
     (which shall not constitute       Director & International Counsel
     notice):                          Buttermead
                                       Manaton
                                       Newton Abbot
                                       Devon TQ13 9XG
                                       United Kingdom
                                       Fax: 0044 - 1647 - 221208

Any notice sent in accordance with this Section 14 shall be effective: (i) if
mailed, seven (7) Business Days after mailing, (ii) if sent by messenger, upon
delivery, and (iii) if sent via facsimile, one (1) Business Day following
transmission and electronic confirmation of receipt.

15.  MISCELLANEOUS

     15.1. Further Assurances. Each of the parties shall use commercially
reasonable efforts to proceed promptly with the transactions contemplated
herein, to fulfill the conditions precedent for such party's benefit or to cause
the same to be fulfilled and to execute such further documents and other papers
and perform such further acts as may be reasonably required or desirable to
carry out the provisions hereof and the transactions contemplated herein,
provided that, notwithstanding anything else herein, a draft of the written
valuation contemplated by Section 7.1.8, in form and substance satisfactory to
the Purchaser, shall have been received by the Purchaser.

     15.2. Amendment. This Agreement may not be amended, modified, altered or
supplemented other than by means of a written instrument duly executed and
delivered on behalf of the Purchaser, the Company and Gamida.

     15.3. Entire Agreement. This Agreement (including the exhibits, annexes and
schedules hereto, including the Company Disclosure Schedule, Purchaser
Disclosure Schedule and Gamida Disclosure Schedule), and the agreements,
documents and instruments to be executed and delivered pursuant hereto or
thereto constitute the final, complete and exclusive agreement among the parties
with respect to the purchase of the Assets, the transactions contemplated herein
and therein and with regard to the subject-matters hereof and thereof, supersede
all prior agreements, understandings and representations written or oral, with
respect thereto, and may not be contradicted by evidence of any such prior or
contemporaneous agreement, understanding or representation, whether written or
oral. The recitals to this Agreement are an integral part hereof. The section
headings of this Agreement are for convenience of reference only and shall not
be deemed to alter or affect any provision hereof. Unless the context otherwise
requires, references to (or to any specified provision of) this Agreement or any
other document shall be construed as references to that provision or that
document as in force for the time being and as amended, supplemented, modified
or replaced in accordance with the terms thereof; words importing the plural
shall include the singular and vice versa; and any reference in this Agreement
to a law or to a specific section thereof shall be construed as a reference to
such law or section as the same may have been, or may from time to time be,
amended, succeeded or re-enacted.

                                       45

     15.4. Governing Law and Venue. This Agreement shall be construed in
accordance with, and governed in all respects by the internal laws of Israel
(without giving effect to the principles of conflicts of laws). The competent
courts of Tel Aviv shall have exclusive jurisdiction upon any dispute arising
hereunder and each of the parties hereby consents to the jurisdiction of such
courts (and of the appropriate appellate courts therefrom) in any such suit,
action or proceeding and irrevocably waives, to the fullest extent permitted by
law, any objection which it may now or hereafter have to the laying of the venue
of any such suit, action or proceeding in any such court or that any such suit,
action or proceeding which is brought in any such court has been brought in an
inconvenient forum. Process in any such suit, action or proceeding may be served
on any party anywhere in the world, whether within or without the jurisdiction
of any such court.

     15.5. Attorneys' Fees. If any action or proceeding relating to this
Agreement or the enforcement of any provision of this Agreement is brought
against any party hereto, the prevailing party shall be entitled to recover
reasonable attorneys' fees, costs and disbursements (in addition to any other
relief to which the prevailing party may be entitled).

     15.6. Binding Effect; Assigns. This Agreement and the rights, covenants,
conditions and obligations of the respective parties hereto and any instrument
or agreement executed pursuant hereto shall be binding upon the parties and
their respective successors, assigns and legal representatives. Neither this
Agreement, nor any rights or obligations of any party hereunder, may be assigned
by a party without the prior written consent of the other parties hereto;
provided, however, that prior to or following the Closing, this Agreement and
any rights and obligations of Purchaser hereunder and under any Purchaser
Documents may, without the prior written consent of the other parties hereto, be
assigned and delegated by the Purchaser to any Person affiliated with Purchaser,
including NewCo, or pledged or hypothecated to any lender(s) of Purchaser or any
such affiliate, and following the Closing, this Agreement and any rights and
obligations of Purchaser hereunder and under any Purchaser Documents may also be
assigned and delegated by Purchaser, without the prior written consent of the
other parties hereto, to any successor-in-interest of Purchaser to the Business
or the Assets or to a substantial portion thereof including NewCo; provided,
however, that no assignment or delegation by Purchaser of any such obligation,
other than to NewCo, shall relieve Purchaser of liability therefor.

                                       46

     15.7. Counterparts. This Agreement may be executed simultaneously in any
number of counterparts (including by facsimile), each of which shall be deemed
an original but all of which together shall constitute one and the same
instrument.

     15.8. Severability. If any provision of this Agreement is held by a court
of competent jurisdiction to be unenforceable under applicable law, then such
provision shall be excluded from this Agreement and the remainder of this
Agreement shall be interpreted as if such provision were so excluded and shall
be enforceable in accordance with its terms; provided, however, that in such
event this Agreement shall be interpreted so as to give effect, to the greatest
extent consistent with and permitted by applicable law, to the meaning and
intention of the excluded provision as determined by such court of competent
jurisdiction. The parties further agree to replace any such invalid or
unenforceable provisions with valid and enforceable provisions designed to
achieve, to the extent possible, the purposes and intent of such invalid and
enforceable provisions.

     15.9. Waiver. No failure on the part of any Person to exercise any power,
right, privilege or remedy under this Agreement, and no delay on the part of any
Person in exercising any power, right, privilege or remedy under this Agreement,
shall operate as a waiver of such power, right, privilege or remedy; and no
single or partial exercise of any such power, right, privilege or remedy shall
preclude any other or further exercise thereof or the exercise of any other
power, right, privilege or remedy.

     No Person shall be deemed to have waived any claim arising out of this
Agreement, or any power, right, privilege or remedy under this Agreement, unless
the waiver of such claim, power, right, privilege or remedy is expressly set
forth in a written instrument duly executed and delivered on behalf of such
Person; and any such waiver shall not be applicable or have any effect except in
the specific instance in which it is given.

     15.10. Parties in Interest. None of the provisions of this Agreement are
intended to provide any rights or remedies to any Person other than the parties
hereto and their respective successors and assigns (if any).

     15.11. Assignment of Assets. If an attempted assignment would be
ineffective or would impair any of the Company's rights so that NewCo would not
receive the benefits of the Asset to which the same relates, then the Company
agrees to use reasonable commercial efforts and to cooperate fully with
Purchaser and NewCo in order to obtain for NewCo the benefits of such Asset. In
addition, the Company hereby irrevocably constitutes and appoints from and after
the Merger Satisfaction Date Purchaser and NewCo or their successors and
assigns, its true and lawful attorney, with full power of substitution, in the
name of Purchaser, NewCo or in the Company's name to take all action which
Purchaser or NewCo may deem proper in order to provide for NewCo the benefits
under any Asset where any required consent of the other party to the assignment
thereof to NewCo pursuant to this Agreement shall not have been effective. The
Company acknowledges that the foregoing powers are coupled with an interest and
are not and shall not be revocable in any manner or for any reason.

                                       47

IN WITNESS WHEREOF, the parties hereto have duly executed this Asset Purchase
Agreement as of the day and year first above written.

                                          HEALTHCARE TECHNOLOGIES LTD.,
                                          an Israeli company

                                          By:    ________________________
                                          Name:  ________________________
                                          Title: ________________________

                                          NEXGEN BIOFUELS, INC.,
                                          a Delaware corporation

                                          By:    ________________________
                                          Name:  ________________________
                                          Title: ________________________

                                          MAC BIOVENTURES, INC.
                                          a Belize corporation

                                          By:    ________________________
                                          Name:  ________________________
                                          Title: ________________________

                                          GAMIDA FOR LIFE, B.V.,
                                          a Netherlands corporation

                                          By:    ________________________
                                          Name:  ________________________
                                          Title: ________________________

     [Signature Page to the Asset Purchase Agreement dated January 16, 2007]

                                       48

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