0001144204-06-038589 Sample Contracts

WARRANT CLARIFICATION AGREEMENT
Warrant Clarification Agreement • September 15th, 2006 • Israel Technology Acquisition Corp. • Blank checks • New York

This Warrant Clarification Agreement (this “Agreement”), dated September 14, 2006, is to the Warrant Agreement, dated as of July 12, 2005 (the “Warrant Agreement”), by and between Israel Technology Acquisition Corp., a Delaware corporation (“Company”), and Continental Stock Transfer & Trust Company, a New York corporation (“Warrant Agent”).

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AMENDMENT TO UNIT PURCHASE OPTIONS
Unit Purchase Options • September 15th, 2006 • Israel Technology Acquisition Corp. • Blank checks

This AMENDMENT TO UNIT PURCHASE OPTIONS (this “Amendment”), dated September 14, 2006, is made by and between Israel Technology Acquisition Corp. (the “Company”) and the holders designated on the signature page hereof (“Holders”), to those certain Unit Purchase Options referred to below.

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