AGREEMENT AND AMENDMENT NO. 6

Exhibit 10.7

AGREEMENT AND AMENDMENT NO. 6

This AGREEMENT AND AMENDMENT NO. 7 (this “Sixth Amendment”) is made this 19th day of September, 2021 by and between Oramed Ltd., a company incorporated under the laws of the State of Israel, # 513976712 with an address at Xxxxxxx, 00, Xxxxxxxxx, Xxxxxx 0000000 (the “Company”), and KNRY, Ltd., a company incorporated under the laws of the State of Israel, # 513836502 with an address at 0 Xxxx Xxxxxx, Xxxxxxxxx, Xxxxxx 00000 (the “Consultant”).

WHEREAS:

A. The Company and the Consultant are parties to that certain consulting agreement dated as of July 1, 2008, as amended July 13, 2013, on November 13, 2014, on July 21, 2015, on June 27, 2016 and on November 28, 2016 (collectively, the “Consulting Agreement”), for services to be provided by Xxxxx Xxxxxx Israeli I.D. number 027424282 (“Nadav”); and

B. The Company and the Consultant wish to amend the Consulting Agreement to revise the terms of the Consultant compensation thereunder.

NOW, THEREFORE, in consideration of the premises and the mutual covenants and agreements herein contained, the parties hereto covenant and agree as follows:

1. Amendment to Section 6. Section 6 of the Consulting Agreement is hereby amended and restated in its entirety to read as follows:

“Compensation. Effective September 1, 2021 (inclusive), the Company shall pay to the Consultant in consideration for the performance of the Consulting Services, a gross monthly amount of 146,705 + VAT (the “Consideration”), subject to the receipt by the Company of an invoice from the Consultant. Each of the Consultant and Xxxxx hereby declares that neither of them has, nor shall have in the future, any claims or demands in respect of amounts paid prior to May 2008.”

2. Ratification. As amended hereby, the Consulting Agreement is ratified and confirmed and all other terms and conditions remain in full force and effect.

[Signature page follows.]

IN WITNESS WHEREOF the parties hereto have executed this Sixth Amendment effective as of the date and year first above written.

ORAMED LTD.			KNRY LTD.
Per:	/s/ Xxxxx Xxxxxxxxx		/s/ Xxxxx Xxxxxx
Name:	Xxxxx Xxxxxxxxx		Name:	Xxxxx Xxxxxx
Title:	Chief Financial Officer and Secretary