EXHIBIT 4.10
AMENDMENT TO THE SHARE SALES AND OPTIONS AGREEMENT
AND THE SHAREHOLDERS' AGREEMENT
ENTERED AND SIGNED IN TEL AVIV ON THE DAY OF THE 21ST OF MAY, 2008
BETWEEN: BENTAL INVESTMENTS COOPERATIVE AGRICULTURAL SOCIETY LTD.
Cooperative Society No. 570043372
Kibbutz Xxxxx Xxxxx
(Hereinafter: "BENTAL")
ON THE ONE PART;
AND: TAT TECHNOLOGIES LTD.
Public Company No. 520035791
X.X. Xxx 00, Xxxxxx 00000
(Hereinafter: "TAT")
ON THE SECOND PART;
AND: TAT INDUSTRIES LTD.
Private Company No.520032830
X.X. Xxx 00, Xxxxxx 00000
(Hereinafter: "TAT INDUSTRIES")
ON THE THIRD PART;
(TAT Industries and TAT Technologies will hereinafter be called together: "TAT")
(TAT and Bental will hereinafter be called together: "THE SHAREHOLDERS")
AND: BENTAL INDUSTRIES LTD.
Private Company No. 511911760
Kibbutz Xxxxx Xxxxx 12436
(Hereinafter: "THE COMPANY")
ON THE FOURTH PART;
WHEREAS TAT and Bental engaged in a share sales and options agreement on
March 27, 2008 (hereinafter: "SALES AGREEMENT");
AND WHEREAS the shareholders and the Company engaged in a shareholders'
agreement on May 21, 2008 (hereinafter: "SHAREHOLDERS'
AGREEMENT");
AND WHEREAS the parties wish to amended the Sales Agreement and Shareholders'
Agreement according to the said this Agreement below;
NOW THEREFORE IT IS DECLARED, STIPULATED AND AGREED BETWEEN THE PARTIES AS
FOLLOWS:
1. In clause 8.3 of the Shareholders' Agreement, the words "NOT IN PROPORTION
TO THEIR HOLDINGS" that appear in the second line of the said clause, will
be erased.
2. In clause 9.5.3 of the Company's new Articles of Association (attached to
the Sales Agreement as Appendix 13.1.4), the words ""NOT IN PROPORTION TO
THEIR HOLDINGS" that appear in the third line of the said clause, will be
erased.
3. Subject to the amendments that appear in this Agreement, all the provisions
of the Sales Agreement and the Shareholders' Agreement will continue to
apply and will fully bind the parties for every issue and matter.
IN WITNESS THEREOF THE PARTIES HAVE HEREUNTO SIGNED IN THE PLACE AND
DATE INDICATED ABOVE:
Signed with stamp: Signed with stamp: Signed with stamp:
TAT TECHNOLOGIES LTD. BENTAL INVESTMENTS TAT INDUSTRIES LTD.
X.X. XXX 00, XXXXXX COOPERATIVE AGRICULTURAL X.X. XXX 00, XXXXXX 00000
TEL: 00-0000000 SOCIETY LTD. TEL: 00-0000000
FAX: 00-0000000 PRIVATE COMPANY: 000000000 FAX: 00-0000000
TAT TECHNOLOGIES LTD. BENTAL INVESTMENTS COOPERATIVE TAT INDUSTRIES LTD.
AGRICULTURAL SOCIETY LTD.
Signed with stamp:
Bental Industries Ltd.
Bental Industries Ltd.
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