0001072613-08-001063 Sample Contracts

EXCHANGE AGREEMENT
Exchange Agreement • May 1st, 2008 • Medis Technologies LTD • Electromedical & electrotherapeutic apparatus • New York

This Exchange Agreement (this “Agreement”) is made and entered into as of April 25, 2008, by and between Israel Fisher (the “Employee”) and Medis Technologies Ltd., a Delaware corporation (the “Company”). Each of the Employee and the Company are sometimes referred to herein as a “Party” or, collectively, as the “Parties.”

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TERMINATION AGREEMENT
Termination Agreement • May 1st, 2008 • Medis Technologies LTD • Electromedical & electrotherapeutic apparatus • New York

THIS TERMINATION AGREEMENT (“Termination Agreement”) is entered into as of April 25, 2008, by and between Robert K. Lifton (the “Optionee”) and Medis Technologies Ltd., a Delaware corporation (the “Company”). The Optionee and the Company shall individually be known herein as a “Party”, and collectively, the “Parties”.

TERMINATION AGREEMENT
Termination Agreement • May 1st, 2008 • Medis Technologies LTD • Electromedical & electrotherapeutic apparatus • New York

THIS TERMINATION AGREEMENT (“Termination Agreement”) is entered into as of April 25, 2008, by and between Howard Weingrow (the “Optionee”) and Medis Technologies Ltd., a Delaware corporation (the “Company”). The Optionee and the Company shall individually be known herein as a “Party”, and collectively, the “Parties”.

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