ENGLISH SUMMARY OF THE MANAGEMENT AGREEMENT (ORIGINAL LANGUAGE – HEBREW) BY AND AMONG POINTER (EDEN TELECOM GROUP) LTD. GANDYR INVESTMENTS LTD. GOVLI LTD. SULAM FINANCIAL HOLDINGS LTD. AND EGGED HOLDINGS LTD. Dated November 16, 2004 (the “Agreement”)
Exhibit 4.13
ENGLISH SUMMARY OF THE
MANAGEMENT AGREEMENT
(ORIGINAL LANGUAGE – HEBREW)
BY AND AMONG
POINTER (EDEN TELECOM GROUP) LTD.
GANDYR INVESTMENTS LTD.
GOVLI LTD.
SULAM FINANCIAL HOLDINGS LTD.
AND
EGGED HOLDINGS LTD.
Dated November 16,
2004
(the
“Agreement”)
Description: Services: Effective Date: Term: Consideration (annual): Termination Provisions: |
Management Agreement pursuant to which Egged Holdings Ltd., Gandyr Investments Ltd., Govli Ltd., Sulam Financial Holdings Ltd. and Egged Holdings Ltd. (together, the "Investors") shall provide certain management services to Pointer (Eden Telecom Group) Ltd. ("Pointer"). The services to be provided by the Investors include: assisting Pointer in raising capital, participating in management meetings, consulting Pointer with respect to its long term and short term business plan, advancing and developing Pointer's business and assisting Pointer in its negotiations with potential investors. Commencing 24 months after the consummation of the transaction pursuant to which Pointer shall purchase certain activities and assets of Shagrir Towing Services Ltd. and its subsidiary, Shagrir (1985) Ltd., that is, March 1, 2007. Unspecified. NIS 1 million, subject to certain conditions. Unspecified. |