Document:

20-F

Exhibit 4.14  

Summary Translation of an Agreement dated July 3, 2006 by and between Crow 
Technologies 1977 Ltd. and CMZY, LLC 

	1.  	Crow
Technologies 1977 Ltd. (“Crow”) and its subsidiaries shall
                    receive from Mr. Abram Silver (through a company controlled by him)
                    (“Consultant”) various services and consulting, including,
business                     development, market analysis and development, handling
investor relations,                     various actions in capital markets in Israel and
abroad and such other services                     as required from time to time by Crow.
The services shall be performed by Mr.                     Abram Silver. 

	2.  	Mr.
Abram Silver shall remain at all times during the term of the agreement the
                    controlling shareholder of the Consultant. 

	3.  	The
agreement is for a term of 60 months, commencing as of January 1, 2005 and
                    until December 31, 2009 and may be terminated by either parties by a
six months                     prior written notice of termination. 

	4.  	Without
derogating from the aforesaid in Section 3 above, Crow may terminate the
                    agreement at any time and with immediate effect in specific
circumstances: (a)                     in the event that either the Consultant or Mr.
Silver breached any of the terms                     of the agreement and did not remedy
the breach within 30 days; (b) Mr. Silver                     was convicted of an offense
with moral turpitude, which in the opinion of the                     board of directors
of Crow does not permit him to continue to provide services                     under the
agreement; (c) the Consultant and/or Mr. Silver were disabled from
                    providing the services pursuant to the agreement and neither of them
appointed                     another consultant within 15 days to continue to provide
the services; (d)                     breach of trust by the Consultant and/or Mr. Silver
(e) any act or omission by                     either the Consultant or Mr. Silver caused
intentional and actual damage to                     Crow; (f) in the event of bankruptcy
and/or creditors arrangement and/or                     insolvency of the Consultant. 

	5.  	Notwithstanding
the aforesaid, in the event that in any of the four years after                     the
initial year of the agreement, Bank Hapoalim did not approve (if needed at
                    all) the consideration payable to the Consultant in any relevant year
until                     March 31 of same year, then, the agreement shall automatically
expire on April 1                     of the same year and the Consultant shall not be
entitled to any consideration                     in respect of same year. In the event
that the banks will approve a lower                     consideration than the
consideration pursuant to the agreement, then, the                     Consultant shall
be entitled, at its sole discretion, to terminate the agreement                     by a
30 days prior written notice to Crow. 

	6.  	The
Consultant shall be entitled to a monthly consideration in the sum of NIS
                    33,333 (VAT excluded) against furnishing Crow with a valid tax
invoice. The                     parties agree that 25% of the monthly remuneration is
attributed to the                     Consultant’s undertakings to refrain from
competing with Crow and its                     business. 

	7.  	The
agreement shall become effective upon its approval by the relevant organs of
                    Crow. Subject to and upon its approval as aforesaid, the agreement
shall be                     effective as of January 1, 2005.20-F

Exhibit 4.15  

	*** 	Global Procurement
Agreement  
	

Confidential treatment requested
as to portions of this agreement, which were omitted and filed separately with the
Securities and Exchange Commission 

Procurement Agreement  

between  

***

– hereinafter
called „the Buyer” –

and  

Crow Electronic
Engineering Ltd.
Kineret Street

Airport City 70100
Israel

-hereinafter called
„the Vendor”-  

*** Confidential Treatment Requested 

	*** 	Global Procurement
Agreement  
	

TABLE
OF CONTENTS  

			
			
			
			
			
	PREAMBLE 	4  
	1 	OBJECT OF THE AGREEMENT 	4  
	2 	BRAND NAMES AND COPYRIGHTS, PRODUCT LABELLING 	4  
	3 	LAWS 	5  
	4 	ORDERS 	5  
	4.1 	Companies entitled to place Orders and make Deliveries 	5  
	4.2 	Budgeted Quantities 	5  
	4.3 	Form and Contents of the Orders 	5  
	4.4 	Accepting the Order 	5  
	4.5 	Transfer or Ownership and Risk 	5  
	5 	DELIVERY 	6  
	5.1 	Terms and Conditions of Freight and Delivery 	6  
	5.2 	Description, Packaging and Labelling of the Products 	6  
	5.3 	Delay 	6  
	6 	QUALITY 	6  
	6.1 	Quality Assurance 	6  
	6.2 	Approvals 	7  
	7 	PRICES AND TERMS AND CONDITIONS OF PAYMENT 	7  
	7.1 	Prices and Terms and Conditions of Payment 	7  
	7.2 	The prices for the products are specified in Enclosure 2. All companies which are entitled to place orders 
	  	in accordance with Art. 4.1 shall be entitled to the same conditions. The specified prices 
	  	are net prices (without VAT). *** 	7  
	7.3 	Price definition process 	7  
	7.4 	Special Terms 	7  
	8 	WARRANTY AND GUARANTEE 	7  
	8.1 	Principle 	7  
	8.2 	Terms 	8  
	8.3 	Examination of Conformity 	8  
	8.4 	Notification of Defect 	8  
	8.5 	Statutory guarantee Rights 	8  
	8.6 	Enforcement 	8  
	8.7 	Limitation Period 	8  
	9 	SUPPORT,TRAINING AND MAINTENANCE 	9  
	10 	CONFIDENTIALITY 	9  
	10.1 	Exceptions 	9  
	10.2 	Duration 	9  
	11 	LIABILITY 	10  
	11.1 	Intangible Property Rights 	10  
	11.2 	Product Liability - Indemnification 	10  
	12 	COMMENCEMENT, DURATION AND TERMINATION OF THE AGREEMENT 	11  
	12.1 	Commencement, Duration and Termination 	11  
	12.2 	Premature Dissolution 	11  
	12.3 	Effect of the Termination 	11  
	13 	PRODUCT CESSATION NOTIFICATION 	11  
	13.1 	General 	11  
	13.2 	The Buyer and the Vendor shall cooperate and make commercially reasonable efforts during the aforesaid 9 
	  	months period in order to assist the Buyer to find a reasonable replacement product or a reasonable replacement 
	  	suplier for the above product 	12  
	13.3 	Completion Right / Right to manufacture under Licence 	12  
	13.4 	Product Modification and the Duty to Inform 	12  
	13.5 	It is hereby agreed that the provisions of sub-sections 13.2-13.3 shall not apply to any products provided 
	  	by Vendor to the Buyer pursuant to this Agreement which were listed in the tender dated ________, 2004 as 
	  	published by the Buyer and as per Enclosure 4 and shall apply only to unique products manufactured by 
	  	Vendor according to Buyer's written special specifications 	13  

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	14 	CONCLUDING REGULATIONS 	13  
	14.1 	Legal Waiver 	13  
	14.2 	Completeness of the Agreement 	13  
	14.3 	Saving Clause 	13  
	14.4 	Force majeure 	13  
	14.5  	Amendments to the Agreement 	14  
	14.6  	Assignment of the Agreement 	14  
	14.7 	General terms and conditions 	14  
	14.8 	Sequence of validity of the contractual documents 	14  
	14.9 	Applicable law and place of jurisdiction 	14  

	 	 
	 	 
	 	 
	 	 
	 	 
	ENCLOSURE 1 	17  
	ENCLOSURE 2+3 	18  
	ENCLOSURE 4 	20  
	ENCLOSURE 5 	21  
	LABELING/DELIVERY RULES 	21  
	ENCLOSURE 6 - WARRANTY - REPAIR PROCEDURE 	23  

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PREAMBLE 

The Vendor shall be regarded as the
preferred OEM supplier of the Buyer on the basis of his offer of its standard products
specified in Enclosure 4 to this Agreement (as such enclosure shall be modified from time
to time by mutual written agreement of both parties), under *** brand name (and not under
CROW’s brand name) (hereinafter the “Products” or the
“products”). This means that the Vendor shall be obliged on an ongoing basis to
demonstrate its leading competitive position with respect to key success factors such as
world market price, logistics, reliability and quality. The contractual parties shall take
all necessary measures to ensure the reciprocal expectations are satisfied with respect to
effectiveness and efficiency within the framework of the co-operation. They shall for this
reason undertake continually to improve their processes and programs and to work together
in an open and co-operative manner. The contractual parties are aware that they will only
be able to achieve these objectives with innovative approaches to solutions in the
aforementioned fields. The objective of the present Agreement is consequently to lay down
the framework conditions governing the co-operation between the contractual parties as an
important precondition of the partnership. Both parties place considerable value on
behavior which is in accordance with the principles of business ethics, and shall refrain
from performing any unethical action whatsoever which could impair the reputation of the
other party. It is clarified that this Agreement shall not prevent the Vendor from keeping
any existing agreements for the sale of its products (including other OEM and Distribution
agreements) or from entering into any agreements for the sale of its products (including
other OEM and Distribution agreements), over the world. 

	1  	OBJECT
OF THE AGREEMENT  

The object of the Agreement is the
manufacture and/or delivery of the products under *** brand name, which are part of an
alarm system whereas the Vendor supplies the products without installation by the Vendor.
The present Agreement establishes the framework conditions of the co-operation between the
contractual parties. 

In the event of the Vendor making
software available, then the Buyer and the customers of the Buyer shall be granted an
unlimited, non-exclusive and non-transferable right to use such software, insofar as this
is used in conjunction with the products, in a non-amended form and within the framework
purpose described in the software documentation also provided. 

	2  	BRAND
NAMES AND COPYRIGHTS, PRODUCT LABELLING  

The Buyer shall affix his own brand
names and serial numbers to the products, or may use these in any other way in conjunction
with the products. The Buyer shall furthermore remove brand names or trademarks affixed to
the products which belong to the Vendor. The Buyer shall however undertake not to remove
or to alter the manufacturer’s serial numbers affixed to the product. The Buyer shall
furthermore not remove or alter the copyright notices of the Vendor on software or
documentation. 

At the request of the Buyer, company
names (of the Buyer), trademarks and logos shall be affixed to the products in accordance
with the specifications of the Buyer. The rights thereby assigned to use these company
names, trademarks and logos shall relate solely to the use thereof in conjunction with the
products described in the present Agreement. With the ending of this Agreement the right
to use these brand names shall also end, and the Vendor shall undertake not to use or
register any company names, trademarks or logos which are similar or which are capable of
being confused. 

Specific tools fully paid by the
Buyer and used by the Vendor to manufacture the products shall only be used for the
manufacturing of the products and not for any other purpose and shall be marked as
“***" tools. 

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	3  	LAWS  

The Vendor shall guarantee that he
adheres to the laws and provisions applicable at the place of production, in particular to
those relating to environmental protection, industrial safety as well as human rights. In
the event of these being violated by the Vendor, then the Buyer must be notified thereof
without delay. 

	4  	ORDERS  

	4.1  	Companies
entitled to place Orders and make Deliveries

Enclosure 1 ‘Companies entitled
to place orders and make deliveries’ specifies on the one hand the companies which
under the present Agreement are entitled to place orders, and on the other hand the
companies which are entitled to make deliveries. Both parties shall be entitled to
supplement Enclosure 1after mutual agreement and in writing as a formal change to this
agreement. The companies entitled to place orders and to make deliveries shall be entitled
to the same rights and obligations arising out of the present Agreement as those to which
the Buyer and the Vendor are entitled. Excepted from this shall be the right of
termination and premature dissolution of this contract. Both parties herewith confirm that
these companies have taken cognizance of the Agreement and have approved the provisions
contained therein. 

Site-specific, operating
supplementary Agreements shall be arranged locally between the companies entitled to place
orders and to make deliveries. 

Notwithstanding the aforesaid –
(1) shipments, invoices and any other written notices shall be only sent by the Vendor to
the following address of the Buyer: ***; (2) The products shall be only delivered to the
following address of the Buyer: ***. 

	4.2 	Budgeted
Quantities 

The quarterly budgeted quantities of
the individual product groups shall be notified to the Vendor in writing in consolidated
form 1x per year on an agreed date by the Buyer. The defined budgeted quantities
correspond to a planned annual requirement. They serve merely as planning information, and
do not give rise to an obligation to accept such quantities. The budgeted volumes are
defined in Enclosure 3 to this agreement. Nonetheless, the Buyer shall make best efforts
to reach the budgeted quantities of the products since the products are planned by the
Vendor especially for the Buyer. 

	4.3  	Form
and Contents of the Orders 

Form and contents of the order shall
be arranged between the companies entitled to place orders and to make deliveries. 

	4.4  	Accepting
the Order 

The acceptance or non-acceptance of
the order shall be performed in writing within three (3) working days following the
receipt thereof. The Vendor shall be obliged to accept orders within the framework of the
present Agreement. In the event of there being neither an acceptance nor a non-acceptance
of the order within the aforementioned deadline, then the order shall be considered to
have been accepted. The Vendor shall notify the Buyer in writing the delivery date of each
order. 

	4.5  	Transfer
or Ownership and Risk 

The ownership of the products and
documentation sold under the present Agreement shall be transferred to the Buyer at the
time of the full payment of the purchase price. The transfer of risk shall take place at
the time of the delivery of the products at the agreed place of shipment. 

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	5  	DELIVERY  

	5.1  	Terms
and Conditions of Freight and Delivery 

The Vendor must deliver the products
for shipment by air – FOB (Tel-Aviv, Israel) Incoterms 2000” and for shipment by
sea – EXWORKS [Vendor’s facilities in Israel] Incoterms 2000, to the agreed
place of shipment, in the agreed quantity, quality, price and date. The preferred
forwarder is “SCHENKER” (Other forwarders aren’t allowed without giving
consent to by the Buyer). 

	5.2  	Description,
Packaging and Labelling of the Products 

	5.2.1  	Transport
Documents  

The Vendor shall describe the
products on the transport documents in accordance with the rules of the transport company. 

	5.2.2  	Labelling
and Packaging  

The Vendor has to label and to
package the products in accordance with Enclosure ‘Labelling rules of the Buyer’
detailed in Enclosure 5hereto. 

	5.2.3.  	

All products shipped to the Buyer
shall be single packed and with barcode -128 label placed thereon (including such other
information as reasonably required by the Buyer such as quantity, type, serial number). 

	5.3  	Delay 

The Vendor shall undertake to ensure
the deliveries can be made throughout the year irrespective of any possible works
holidays, public holidays or other holidays. 

In the event of it being apparent to
the Vendor that he will not be able to deliver an agreed delivery quantity on the
applicable delivery date, then he must inform the party ordering in written form without
delay, specifying the duration of and the reason for the delay (the “Delay
Notice”). The Buyer shall thereupon have the following rights: 

	 	(i) 	Partial
delivery quantities and/or delivery date shall be redefined or

	 	(ii) 	the
Vendor or Buyer shall procure the products from third-party sources
               following joint co-ordination. These sources must be approved by the Buyer
in                advance (such approve shall not be unreasonably withheld by the Buyer).
Any                possible additional direct costs incurred thereby shall be borne by
the Vendor. 

In the event of it not being possible
to execute (i) or (ii) again, then the following rules shall apply: the Buyer may grant
the Vendor an extension of the deadline or he may withdraw from the Agreement within 60
days from the Delay Notice. 

In case the Agreement is terminated
under this Section 5.3 then the Buyer shall furthermore reserve the right to enforce
claims for damages up to US$ 50,000. 

	6  	QUALITY  

	6.1  	Quality
Assurance 

The Vendor operates a quality
management system, which complies with the requirements of ISO 9001:2000 or is comparable
to it. The Vendor shall manufacture and inspect the products in accordance with the
provisions of this quality management system. 

If the Vendor draws means of
production or testing, software, services, material or other preliminary deliveries from
subcontractors for the manufacture or quality assurance of the products, it shall include
these contractually in its quality management system or itself ensure the quality of the
preliminary deliveries. 

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The Vendor shall keep records of the
performance of the above-mentioned quality assurance measures, in particular of those
concerning measured values and test results, and preserve these records as well as any
product samples. It shall allow Buyer to make an investigation, upon prior coordination
with the Vendor, to the extent necessary and provide copies of the records and any
samples. The period for the safe keeping of these records and samples are at least 10
years. 

	6.2  	Approvals 

All delivered products have to have a
valid CE-approval (EN60950:2003, EN50130-4:1995+A1:1998+A2:2003, EN61000-3-2 A14:2000,
EN61000-3-3:1996)and comply with DD243 Release 25th April 2005. Just as CE, all
delivered products have to have a valid UL-approval (except acceptance from the Buyer). 

All accruing costs concerning to get
the approvals will be taken over from the vendor. The Buyer acknowledges that the Vendor
is in the process of the aforesaid UL approvals and that until the completion of such
process the products shall be so delivered. 

	7  	PRICES
AND TERMS AND CONDITIONS OF PAYMENT  

	7.1  	Prices
and Terms and Conditions of Payment 

	7.2  	The
prices for the products are specified in Enclosure 2. All companies which are entitled to
place orders in accordance with Art. shall be entitled to the same conditions. The
specified prices are net prices (without VAT). Payment deadline shall be ***. 

	7.3  	*** 

	7.4  	Special
Terms 

Special terms regarding pricing may
arise during the negotiation process as mentioned in 8.1 and 8.2. Those terms will be
mutually agreed in writing. 

	8  	WARRANTY
AND GUARANTEE  

	8.1  	Principle 

All the deliveries of goods and
provision of services ordered by the Buyer must correspond to the Vendor’s
specifications and the Vendor’s warranted characteristics at the time of the
dispatch. In the event of one of these criteria not being fulfilled by a product, then
liability shall even be established within the meaning of this Article if the value or the
utility of the products are not thereby impaired. 

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	8.2  	Terms  

The Vendor shall guarantee the
products according to its product warranty policy certificate attached hereto as Enclosure
6 for a period of warranty of ***. 

***

	8.3  	Examination
of Conformity 

At the time of delivery the Buyer
shall immediately control whether the goods correspond with the quantity and type ordered
and whether there is any visible transport damage or externally detectable fault. For the
protection of delivered products, the receiving inspection applies only to packed objects.
Packages may not be torn or opened. 

If the Buyer discovers damage or a
fault during the above-mentioned inspection, it shall notify in writing this to the Vendor
immediately. Product defects may also be determined during follow-on processing (assembly)
or product field deployment. If the Buyer discovers damages or faults subsequently, it
shall likewise make immediate written notification. 

Notice of defect to the Vendor must
always occur immediately after the defect is found. 

The Buyer shall be freed from the
obligation to perform an examination of the goods in accordance with the normal business
procedures. 

	8.4  	Notification
of Defect  

Any possible notifications of defects
may be issued at any time during the guarantee period of *** within a reasonable period of
time after the defect is found. 

	8.5  	Statutory
guarantee Rights 

***

	8.6  	Enforcement 

The enforcement of further claims for
damages by the Buyer shall expressly remain reserved. 

	8.7  	Limitation
Period 

Limitation period with respect to
guarantee claims the contractual parties shall agree a limitation period of one (1) year
following the expiry of the guarantee/warranty period. 

	8.8  	Notwithstanding
any other provisions of this Agreement – (1) the Vendor’s maximum liability
under this Agreement for any damages and costs arising in connection with this 

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Agreement shall be limited to and
shall not exceed the maximum liability converge of the Vendor pursuant to its products
liability insurance (Vendor shall maintain products liability insurance in the amount of
1.5 million US$ per year and per case); (2) in any event the Vendor shall not be liable
under this Agreement for any indirect and/or consequential loss and/or damages (including
without limitation loss of profits). 

	9  	SUPPORT,TRAINING
AND MAINTENANCE  

The Vendor is committed to support
the global product roll-out for the Buyer. This includes but is not limited to support the
Buyer’s marketing activities, product training and helpline activities etc. 

	10  	CONFIDENTIALITY  

Neither the existence nor the
contents of the present Agreement may be published by one of the contractual parties
without the written approval of the other contractual party. 

Also the existence of
“***-products” produced by Crow, and intentionally showing these products by
Crow to third parties not connected to Crow (for example in the manufacturing plant) is
confidential / forbidden (without acceptance from the Buyer). 

Should the vendor break the aforesaid
rules in this Section 10 – a penalty of US$ 10.000 will be payable for each known
case. 

Each party shall handle all the
information which he receives from the other party confidentially. The recipient party
shall handle the information with the same diligence that he accords to the protection of
his own confidential information. The recipient party may neither reproduce nor make any
use whatsoever, nor disclose confidential information to any third party (with the
exception of companies which belong to the *** Group or to the Crow Group), nor may this
party use such information for any other purpose which has not been approved by the
opening party. The recipient party shall limit access to the confidential information to
his employees and to such contractual representatives who need to know such information
within the framework of the performance of their contracts of employment or
representation. The recipient party shall furthermore be obliged to instruct such
employees or representatives about these duties of confidentiality. 

	10.1  	Exceptions 

The duty of confidentiality
stipulated in Section 10 above shall not apply to know-how, data or information which 

	—   	are
generally  available in the public  domain for reasons for which the  recipient  party
cannot      be made answerable;

	—   	have
already on an earlier occasion been opened before a third party, without this
constituting a violation of a confidentiality obligation vis-à-vis the party
performing the opening thereof; 

	—   	which
were demonstrably developed independently of the recipient party, without this thereby
entailing the use of the confidential information of the party performing the opening; 

	—   	insofar
 as this  required  to be  disclosed  by  authorities  on the  basis of  mandatory  legal
regulations;

	—   	was
released for disclosure by means of a written  approval issued by a competent
 representative      of the party performing the opening;

	—   	was
disclosed to customers within the framework of the normal business procedures.

	10.2  	Duration 

The obligations contained within this
article shall remain in force following the termination of the present Agreement for a
further period of 5 years. 

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	11  	LIABILITY  

	11.1  	Intangible
Property Rights 

As intangible property rights
(patents, copyrights, etc.) of the Vendor exist with respect to the products, then the
Buyer shall herewith be granted the nonexclusive unrestricted right to use these rights or
to cause them to be used by third parties, or to exploit these rights or to cause these
rights to be exploited by third parties – and all only in connection with the
ordinary use of the products purchased from the Vendor under this Agreement. 

The Vendor shall guarantee that he is
legally capable of assigning all copyrights on any possible deployed software, and that he
has indeed assigned all such software. He shall furthermore guarantee that the products
are not encumbered by third-party rights and/or that he has caused rights to be assigned
to him from third parties to the extent necessary to enable him to fulfill the present
Agreement in full. 

Insofar as intangible property rights
of the Buyer associated with the manufacture of the contractual objects in accordance with
the specifications of the Buyer, exist (software protocol) such rights shall remain the
property of the Buyer or shall be transferred to the Buyer at the time of delivery. 

Each party shall inform the Other
party without delay about claims issued by third parties who allege that the manufacture
or the sale of the products by the Vendor or the Buyer is in breach of third party IP
rights. Any possible proceedings taken against claims of this nature shall be decided
solely by the Vendor. 

The Vendor shall undertake to
compensate the Buyer with respect to all direct and reasonable claims, liability, losses,
costs or expenses (including the cost of court proceedings and normal lawyers’ costs)
associated with the violation of patents, brand rights, copyrights or with the misuse of
business secrets by Vendor’s products, and all provided that final judgment with
respect thereto has been delivered. 

The Buyer shall undertake to
compensate the Vendor with respect to all direct and reasonable claims, liability, losses,
costs or expenses (including the cost of court proceedings and normal lawyers’ costs)
in connection with any act or omission of the Buyer or anyone on its behalf, and all
provided that final judgment with respect thereto has been delivered. 

	11.2  	Product
Liability – Indemnification 

Insofar as the Vendor contributes to
a product damage, and the Buyer is consequently the subject of a third-party claim issued
on the sole basis of product liability legislation or another product liability rule, then
the Vendor shall upon the first request to undertake to indemnify the Buyer against final
judgment of such third-party claims for direct and reasonable damages, in the event of the
cause of the damage having being determined by court to lie under the sole control and
responsibility of the Vendor. 

Within this framework the Vendor
shall furthermore be obliged to reimburse the Buyer such reasonable costs which he incurs
arising out of or associated with a recall action performed by the Buyer. 

The contractual parties shall jointly
decide on the contents and the extent of the forthcoming recall action, in the event of
this being possible and reasonable for the Buyer. 

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	12  	COMMENCEMENT,
DURATION AND TERMINATION OF THE AGREEMENT  

	12.1  	Commencement,
Duration and Termination 

This Agreement and all its Enclosures
shall come into force at the time of its signing by both the contractual parties. 

The first contractual period shall be 1
(one) year. 

The Agreement shall then be extended
on each occasion by a further one-year contractual period in the event of neither of the
parties terminating the Agreement by a written notice of at the latest 3 (three) months
prior to the expiry of the first contractual period or the extended period, as the case
may be. 

	12.2  	Premature
Dissolution 

Irrespective of the provisions
contained within the present Agreement concerning its premature dissolution, each of the
parties may terminate this Agreement with immediate effect by means of notifying in
writing the other party without prior notice if 

	 	— 	The
other party has committed a significant contractual violation and fails to rectify this
contractual violation within 30 day following receipt of a formal written warning
thereto; or 

	 	— 	The
legal structure of the control of the other party changes in such a way that the
relationship between the parties could be seriously impaired in such a way that the other
party’s rights under this Agreement are significantly harmed 

This Agreement shall end
automatically without prior notice in the event of one of the parties thereto being
declared insolvent, or in the event of bankruptcy proceedings being opened against him, if
he concludes an estate Agreement with his creditors, or if a creditors’ trustee is
appointed, or if he loses control over his business in any way as the result of a ruling
by a government or a court. 

	12.3  	Effect
of the Termination 

Following the termination of the
present Agreement, the parties shall continue to work together to complete the pending
orders and full payment in respect thereof. 

The termination or the expiry of this
Agreement shall not have any effect on orders which are confirmed by the Vendor prior to
the termination or the expiry. 

Following the termination or the
expiry of this Agreement, the customers of the Buyer shall continue to be entitled to use
the software of the products purchased by such customers in accordance with Art.
1. 

	13  	PRODUCT
CESSATION NOTIFICATION  

	13.1  	General 

In the event of the Vendor intending
during the duration of the present Agreement to discontinue the production of one of the
products listed in Enclosure 2, then he shall be obliged to notify the Buyer in
written form thereof at the latest within 9 months prior to the last ordering opportunity
or last time buy (hereinafter called “the Product Cessation Notification”). 

In the event of his failure to adhere
to this deadline, which is not a result of anything beyond the reasonable control of the
Vendor or due to shortage of components in the products, the Vendor shall be obliged to
pay the Buyer a contractual penalty amounting to US$ 25.000, – as compensation for
any possible damages. 

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In the event of the Agreement being
terminated following the receipt of a Product Cessation Notification, then the Agreement
shall continue to remain in force following the expiry of the period of notice for the
products for which the notice of cessation has been issued until the expiry of the 9-month
deadline. 

13.2 The Buyer and the Vendor shall
cooperate and make commercially reasonable efforts during the aforesaid 9 months period in
order to assist the Buyer to find a reasonable replacement product or a reasonable
replacement suplier for the above product. 

	13.3  	Completion
Right 

During the duration of the present
agreement, In the event that the Vendor itself no longer manufactures the products listed
in enclosure 2 or in the event that the commencement of insolvency proceedings has been
applied for or refused on the basis of insufficiency of assets (hereinafter called
“Unavailibilty of vendor) then the vendor shall make available to the Buyer at a
price to be agreed between the parties the plans and documentation for any necessary
completion of the products in enclosure 2 in relation to hardware, and in relation to
software the vendor shall make available to the Buyer at a price to be agreed between the
parties the latest relevant source code including the relevant documentation. 

Irrespective
of existing rights, an integral part of the documentation shall be the exclusive rights to
use, complete, copy, modify and distribute. 

The Buyer may view the documentation
and use the documentation and exercise the related rights only in the event of the
“Unavailability of the vendor” During the duration of the present agreement . 

	13.4  	Right
to manufacture uner Licence 

The parties are opened to discuss
production licensing under an separate agreement. 

	13.5  	Product
Modification and the Duty to Inform 

All technical changes by the Vendor
require written approval by the Buyer. 

In the event the Vendor considers
changes to objects of the agreements, the Vendor must inform the Buyer as early as
possible on the details. Among other items, this includes changes to production processes
or moving production to another of the Vendor’s assembly facilities and location. 

To this end, the Vendor submits an
inquiry for change in writing to the Buyer that contains the following points as a
minimum: 

	 	— 	Impacted
products and product properties

	 	— 	Precise
description of the desired change

	 	— 	Consequences
of the product change from the Vendor's point of view

	 	— 	Desired
start date for the product  change (e.g.  as of serial  number,  batch  number,  order or
         production date)

The Buyer assesses the desired change
and issues a written approval for the change to the Vendor. This document contains, from
the Buyer’s point of view, data for the Vendor necessary to employ the changed
product in the Buyer’s system. 

The Vendor will implement the change
only after receiving written approval of the change and the requirements contained herein
by the Buyer and reports the completion of the change in a written confirmation of change.
The Vendor will continue to provide the Buyer with samples of the changed product at no
charge if necessary for validation on the part of the Buyer. 

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Following successful validation of
the change at the Vendor or if required at the Buyer, the delivery of the changed product
is released by the Buyer in writing. 

The start date for the delivery of
the changed products is determined in consultation between the Vendor and the Buyer. 

The Buyer’s approval/s under
this Section 13.3 shall not be unreasonably withheld. 

13.6 It is hereby agreed that the provisions
of sub-sections 13.2-13.3 shall not apply to any products provided by Vendor to the Buyer
pursuant to this Agreement which were listed in the tender dated December, 2004 as
published by the Buyer and as per Enclosure 4 and shall apply only to unique products
manufactured by Vendor according to Buyer’s written special specifications. 

	14  	CONCLUDING
REGULATIONS  

	14.1  	Legal
Waiver 

In the event of one of the parties
failing to implement one of the provisions contained within this Agreement, or failing to
exercise rights arising out of this Agreement, then this may not be considered to
constitute a renunciation of these contractual provisions or these rights. In particular,
this shall not affect the validity of the Agreement or the right of a party to enforce
claims at a later date.  

	14.2  	Completeness
of the Agreement 

The present Agreement and its
enclosures shall cover all Agreements reached between the contractual parties in respect
to the delivery of the products. 

All earlier Agreements, offers,
undertakings, negotiations and Agreements between the parties hereto, irrespective of
whether these have been reached orally or in writing, shall thereby be replaced with this
Agreement. An existing nondisclosure Agreement will remain valid. 

	14.3  	Saving
Clause 

In the event of any of the provisions
contained within the present Agreement proving to be invalid, then this shall not affect
the validity of the Agreement as a whole, insofar as this does not lead to a clearly
unfair or unreasonable occurrence. 

The regulation should be replaced
with a regulation which is legally allowed and which comes close in its economical meaning
to the primary regulation. 

	14.4  	Force
majeure 

In the event of one party being
unable to fulfill his obligations arising out of the present Agreement – or being
unable to do so in good time – for reasons attributable to force majeure, then he
must notify the other party of this circumstance without delay, and must also inform the
other party when in his view the hindrance will be removed. 

In accordance with the extent to
which a party is unable or is unable in good time to fulfill his obligations arising out
of this Agreement, the other party shall likewise be entitled to cease the fulfillment of
his obligations until the hindrance has been removed. 

In the event it not being possible to
remove a hindrance with permanent effect, or in the event of this leading to delays of
more than six (6) months, then the party not affected by the force majeure shall be
entitled to dissolve the Agreement by notifying the other party to this effect, whereupon
the parties shall be freed from their further contractual obligations. 

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The exception to this shall be claims
which have already arisen, in respect to which a claim for final settlement exists. 

Force majeure shall be considered to
constitute all events which in good faith lie beyond the control of the affected party,
specifically catastrophes, wars, insurrections, acts performed by a state which is at war
with the party’s own state, fire, strikes, industrial disputes and accidents as well
as all acts resulting from the fulfillment of an ordinance passed by the government or an
administrative authority. 

	14.5  	Amendments
to the Agreement 

Amendments to the present Agreement
shall only be possible in written form with the approval of both parties. This requirement
could only be modified in written form. 

	14.6  	Assignment
of the Agreement 

Neither party may assign the present
Agreement wholly or in part to a third party without prior written approval. Both parties,
however, shall be entitled, without first being required to obtain the approval of the
other party, to assign the rights and obligations arising out of the present Agreement
wholly or in part to a company which is controlled by it or which is controlled by it
together with a third party. 

	14.7  	General
terms and conditions

General terms and conditions of
business, procurement or delivery of the contractual party shall not be applicable with
respect to orders, procurements and deliveries performed under the present Agreement. 

	14.8  	Sequence
of validity of the contractual documents

The following contractual documents
shall apply together with the present Agreement, and shall do so in the sequence in which
they are listed: 

	 	—  	The
present Agreement 

	 	—  	The
corresponding enclosures

	 	—  	The
local logistics agreements that the vendor is a party to. 

	 	—  	

	14.9  	Applicable
law and place of jurisdiction

This agreement shall be governed by,
and construed and interpreted in Accordance with as follows : 

If the plaintiff is "The Vendor:  by
the laws of ***, and the exclusive  jurisdiction in all matters shall be vested to the
competent courts of ***.  

If the plaintiff is “The
Buyer”: by the laws of Israel, and the exclusive jurisdiction in all matters shall be
vested to the competent courts of Israel. 

Without derogating from this
provision, the parties agree to use their best efforts to settle all differences by
negotiation and, if needed, mediation by agreed third parties. 

	14.10  	

The Vendor shall notify the Buyer in
writing in case the Vendor’s shareholders shall consider selling their shares in the
Vendor or the Vendor’s activity. Such Buyer’s right for notice shall not prevent
or restrict in any way whatsoever the Vendor or the Vendor’s shareholders from
negotiating or selling or making any other transactions in connection with such shares or
activity, with any third party. Any notice sent to the Buyer pursuant to this Section
shall not be disclosed by the Buyer to any third party.  

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Notwithstanding the aforesaid in
section 14.9, In the case of Section 14.10 hereunder the Israeli law is applicable
exclusively and the exclusive place of jurisdiction shall be Tel – Aviv, Israel.

14.11 

Should a moulding tools shall be
required to produce the plastic parts of the Products the Buyer shall purchase such new
injection moulding tools and the Vendor will arrange manufacture. The cost of this tooling
is as per the Vendor’s quotation. Such cost shall be paid by the Buyer. This tool
will be located at the Vendors factory in Israel or where Crow keeps its moulds and makes
its plastic injection at its subcontractors. The Vendor will keep this tool in full
working order at its expense during the normal working life of the tool. The tool shall
remains the full property of the Buyer and must be clearly marked as “owned by
***". The tool must only be used in conjunction with purchase orders placed by the
Buyer to produce Products for the Buyer. The tool must be returned to the Buyer upon the
termination of this Agreement (the Buyer will pay the costs in connection with the
transport of the tool). The Vendor shall insure at its expense the tool against fire and
all other loss and damage to its full replacement value. The Vendor shall not mortgage,
transfer or sublet the tool. 

Schedule of enclosures: 

– Enclosure 1: Companies
entitled to place orders and make deliveries 

– Enclosure 2: Price
List / Discount Schedule 

– Enclosure 3:
Forecast 

– Enclosure 4: Products 

– Enclosure 5: Labeling
rules of the Buyer 

– Enclosure 6:
Warranty 

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This Agreement has been drawn up in duplicate.

The Buyer

		
	Place, Date: ________ 

***

The Vendor

____

Place, Date: ________ 

Name: 

(in block letters) 

Function: ___________ 

Signature: __________ 

_____________________ 
	Place, Date: ________

Place, Date: ________

Name:   _____________

(in block letters)

Function: ___________

Signature: __________

_____________________

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ENCLOSURE 1 

Companies entitled to place orders
and make deliveries 

	1.  	Address
for placing orders and Invoice :  

***

	2.  	Delivery
adress:  

***

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ENCLOSURE 2+3 

	 	
Price
List / Discount Schedule  

	 	
Budgeted
Quantities (BY06) –quarterly quantities are BY06 divided by 4  

FIGURES REGARDING PRODUCTS WITH
NEW TOOLING WILL BE ADDED AT A LATER STAGE UPON COMPLETION. 

***

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ENCLOSURE
4 

	 	
Products  

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ENCLOSURE 5 

LABELING/DELIVERY RULES 

Icons and Templates (e.g. company
logo, CE, COC-regulations etc.) are available at your contact person in the procurement
logistic department. 

	1.  	Definitions  

Type label 

The type label is used for labelling
of products. The requirement of labelling is shown exclusively on technical drawings, data
sheets or order texts. 

Packaging label 

The packaging label is used for
identification and shall be found on each packaging. 

Quality seal 

The Vendor guarantees that the
product fulfils the required quality. 

	2.  	Labelling  

Type label 

The following information have to be
on the type label. It is also possible to integrate the information on an existing type
label: 

	 	—  	***
Company brand name (only if *** product)

	 	—  	***
(=Buyer short number)

	 	—  	Buyer
material number

	 	—  	Index
/ Manufacturer code / Proof information (if used a method of the manufacturer, the key
         shall be enclosed in this document)

	 	—  	Expiration
date1

	 	—  	CE-Conformity
sign (if not seen on the product)

	 	—  	Name
of manufacturer

	 	—  	Name
of division

	 	—  	Name
of product

Packaging label2 

	 	—  	Buyer
company label (if required)

	 	—  	Buyer
short number (shown on order)

	 	—  	Identification
of status (required by Buyer's specific products) or manufacturer code

	 	—  	Buyer
material number (shown on order)

	 	—  	Proof
information (single packaging only, see point 4)

	 	—  	Quantity
per packaging

	 	—  	Date
of manufacturing and date of expiration1

	 	—  	Wet
sensitiveness1 

	 	—  	CE-Conformity
sign

	 	—  	ESD-warning
symbol (for products which are sensitive on electric charge)

	 	—  	Barcode
 type 128 incl. control figure:

	 	         - 	buyer
material-No. 

	 	         - 	quantity 

	 	         - 	denomination 

	 	           - 	serial
number 

	 	           - 	date
of manufacturing 

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Quality seal 

	 	—  	For
a quality seal a stick-on label or a band shall be used (don’t use an ordinary
solution). 

	 	—  	The
opening of the package shall destroy the seal. 

3. Delivery note 

The delivery note shall be easy
reachable within the outer packaging. It contains the following information: 

	 	—  	Buyer
material number

	 	—  	Buyer
order number

	 	—  	Buyer
responsible official

	 	—  	Responsible
official of the Vendor

	 	—  	Quantity 

	 	—  	Product
name 

	 	—  	COC
(Certificate of Conformity) 

	 	—  	Note
if product falls under the export regulations

	 	—  	Barcode
type 128 incl. control figure: 

	 	         - 	Buyer
material number 

	 	         - 	quantity 

	 	         - 	Order
number 

4. Packaging 

Defined in the document of the
manufacturing instructions. 

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ENCLOSURE 6 –
WARRANTY – REPAIR PROCEDURE 

WARRANTY POLICY
CERTIFICATE  

This Warranty Certificate is given in
favor of the purchaser (hereunder the “Purchaser”) purchasing the
products directly from Crow or ***. 

Crow warrants these products to be
free from defects in materials and workmanship under normal use and service for a period
of *** (hereunder the “Warranty Period”). 

Subject to the provisions of this
Warranty Certificate, during the Warranty Period, Crow undertakes, at its sole discretion
and subject to Crow’s procedures, as such procedures are form time to time, to repair
or replace, free of charge for materials and/or labor, products proved to be defective in
materials or workmanship under normal use and service. Repaired products shall be
warranted for the remainder of the original Warranty Period. 

All transportation costs and
in-transit risk of loss or damage related, directly or indirectly, to products returned to
Crow for repair or replacement shall be borne solely by the Purchaser. 

Crow’s warranty under this
Warranty Certificate does not cover products that are defective (or shall become
defective) due to: (a) alteration of the products (or any part thereof) by anyone other
than Crow; (b) accident, abuse, negligence, or improper maintenance; (c) failure caused by
a product which Crow did not provide; (d) failure caused by software or hardware which
Crow did not provide; (e) use or storage other than in accordance with Crow’s
specified operating and storage instructions. 

There are no warranties, expressed or
implied, of merchantability or fitness of the products for a particular purpose or
otherwise, which extend beyond the description on the face hereof. 

This limited Warranty Certificate is
the Purchaser’s sole and exclusive remedy against Crow and Crow’s sole and
exclusive liability toward the Purchaser in connection with the products, including
without limitation – for defects or malfunctions of the products. 

This Warranty Certificate replaces
all other warranties and liabilities, whether oral, written, (non-mandatory) statutory,
contractual, in tort or otherwise. 

In no case shall Crow be liable to
anyone for any consequential or incidental damages (inclusive of loss of profit, and
whether occasioned by negligence of the Crow or any third party on its behalf) for breach
of this or any other warranty, expressed or implied, or upon any other basis of liability
whatsoever. Crow does not represent that these products can not be compromised or
circumvented; that these products will prevent any person injury or property loss or
damage by burglary, robbery, fire or otherwise; or that these products will in all cases
provide adequate warning or protection. 

Purchaser understands that a properly
installed and maintained product may in some cases reduce the risk of burglary, fire,
robbery or other events occurring without providing an alarm, but it is not insurance or a
guarantee that such will not occur or that there will be no personal injury or property
loss or damage as a result. 

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Consequently, Crow shall have no
liability for any personal injury; property damage or any other loss based on claim that
these products failed to give any warning. 

If Crow is held liable, whether
directly or indirectly, for any loss or damage with regards to these products, regardless
of cause or origin, Crow’s maximum liability shall not in any case exceed the
purchase price of these products, which shall be the complete and exclusive remedy against
Crow. 

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