SUMMARY OF PROPOSED TERMS OF INVESTMENT FOR SERIES A PREFERRED SHARES OF LEVITECTION LTD. June 2016 We are happy to confirm our interest, subject to all terms and conditions herein, to explore the possibility of an investment in Levitection Ltd. This letter summarizes the principal terms of a proposed investment for Preferred A Shares. Except as specifically provided herein, this letter is not intended to be a legally binding agreement but is a statement of intent. It is presented solely for the purpose of discussion. Company Levitection Ltd., an Israeli company (the "Company"). Founders Dr. Gideon Levita and Mt. Raviv Levita.-[-Notnlease-see-the-attaehed-ear table} Investor An entity under the control of Mr. Ehud Barak (the "Investor"). Structure of Financing The Investor shall invest in the Company an amount of US$-1,020,000 (the "Initial Investment") and shall invest in the Company, subject to the terms below, an additional amount of US$680,000 (the "Deferred Investment") (the Initial Investment and the Deferred Investment shall be referred to collectively as the "Investment Amount"), against issuance by the Company of Preferred Shares in two tranches, at an Initial Closing and a Deferred Closing, if applicable (as such terms are defined below), at a price per share of US$2.19fsubject to an weed cap table] ("PPS") (representing a pre-money valuation of US$ [ 1, on a Fully Diluted Basis (as defined below)), as follows: [Note: all numbers will be completed after the parties reach an agreed cap-table] (i) an amount of US$ 1,020,000 out of the Investment Amount will be provided at the Initial Closing in consideration for the issuance of Preferred Shares (as defined below), such that immediately following the Initial Closing, the Investor will hold shares of the Company constituting _% of the Company's share capital, on a Fully Diluted Basis; and (ii) No later than nine (9) months as of the Initial Closing, subject to the achieveme