From: Ehud Barak <1 To: "Jeffrey E." <[email protected]> Subject: Re: udi comments Date: Tue, 17 Mar 2015 19:44:43 +0000 Jeff Hi Thx a lot. It reached us. I believe it'll be a great success. Will talk tomorrow. Extremely tight predictions here. Neck to neck. Let's hope. Best Ezb Sent from my iPhone On Mar 17, 2015, at 20:40, jeffrey E. <[email protected]> wrote: i sent the money, let do it tomoror if ok Im on the plane On Tue, Mar 17, 2015 at 12:37 PM, Ehud Barak Hi Jeff Tense elections evening. Would you like Udi to call you re this and then we will talk? PI give us a number. Best EB Sent from my iPhone > wrote: On Mar 17, 2015, at 17:58, jeffrey E. <[email protected]> wrote: I. There can be no pledge agreement and accordingly no reference to the pledge agreement in the Note. 2. Because under Israeli tax law if the loan is converted to shares, the Borrower will need to deduct and withhold tax in respect of the accrued interest, Udi suggests that interest on the note should be reduced to very close to zero. 3. Udi amended to the form of payment section to provide that payments on the note are to be made by a transfer of Reporty shares, or , if Borrower decides in its discretion, then in U.S. Currency. (Currently, Borrower is is Ergo Ltd., which is solely owned by EB and will be the general partner of the LLP that will invest in Reporty. Once the LLP is formed, the note will be Automatically assigned to the LLP and the LLP will become the Borrower ). So, it gives EB's company discretion to pay us in shares or cash. Shouldn't a decision to pay in cash instead of Reporty shares require the consent of Lender? 4. Udi eliminated the concept of a higher default interest rate purportedly for the same reasons indicated in comment 2 above. 5. Udi wants STC to provide a document or an email that obligates it to transfer to the LLP the additional $500K within 10 days from the receipt of a notice from the GP of the LLP that