PLEDGE AGREEMENT THIS PLEDGE AGREEMENT (this "Agreement"), dated March 2015, is made between ERGO (E.B. 2014) LTD., having an address at 1 Shaul Hamelech Boulevard, Tel-Aviv 6473301, Israel ("Borrower") and SOUTHERN TRUST COMPANY, INC., having an address at 6100 Red Hook Quarter, B3, St. Thomas, USVI 00802 ("Lender"). WITNESSETH: WHEREAS, Borrower is the General Partner of a certain Israeli limited liability partnership, which the Borrower is in the process of forming and registering under Israeli law (the "LLP"); WHEREAS, the LLP is being formed for the purpose of purchasing from Reporty Homeland Security Ltd., an Israeli private company ("Reporty"), shares of Reporty's Series A Preferred Shares (said Series A Preferred Shares, including all such shares initially to be acquired and all such shares that may hereafter be acquired, are hereinafter referred to as the "Purchased Shares") upon the terms and conditions set forth in that certain Series A Preferred Share Purchase Agreement substantially in the form attached as Exhibit A hereto (the "Purchase Agreement"); WHEREAS, on the date hereof Lender made a loan to Borrower in trust for the LLP in the amount of $1,000,000, the full proceeds of which Borrower, in the name and for the benefit of the LLP, is to use to purchase Purchased Shares from Reporty substantially upon the terms and conditions set forth in the Purchase Agreement (the "Loan"); WHEREAS, to document the obligation to repay the Loan, Borrower has executed and delivered to Lender that certain non-recourse promissory note made by Borrower to Lender of even date herewith payable to Lender in the principal amount of $1,000,000.00 in the form attached as Exhibit B hereto (the "Note"); and WHEREAS, in order to induce Lender to accept the Note, Borrower has agreed to enter into this Agreement and to grant to Lender the security interests hereinafter provided to secure Borrower's obligations under the Note and this Agreement (collecti