ContractConversion Agreement • May 5th, 2020 • Tel-Aviv
Contract Type FiledMay 5th, 2020 Jurisdiction<DOCUMENT> <TYPE>EX-99 <SEQUENCE>10 <FILENAME>exhibit_99-9.txt <DESCRIPTION>EXHIBIT 99.9 <TEXT> EXHIBIT 99.9 CONVERSION AGREEMENT This Conversion Agreement (this "AGREEMENT") is made and entered into effective as of September 28th, 2006 by and between TOWER SEMICONDUCTOR LTD. (the "COMPANY" or "TOWER"), a company organized under the laws of the State of Israel and BANK LEUMI LE-ISRAEL B.M., a banking corporation organized under the laws of the State of Israel (the "BANK"). WHEREAS, Tower is an independent manufacturer of wafers whose Ordinary Shares are traded on the Nasdaq Stock Market ("NASDAQ") under the symbol TSEM and whose Ordinary Shares and certain other securities are traded on the Tel-Aviv Stock Exchange ("TASE") under the symbol TSEM; WHEREAS, the Bank and Bank Hapoalim B.M. (collectively, the "BANKS") and Tower are parties to a Facility Agreement dated January 18, 2001, as amended (the "FACILITY AGREEMENT"); and WHEREAS, at the request of Tower, the Banks and Tower have ent