LOAN AGREEMENTLoan Agreement • May 1st, 2015 • Zaxis International Inc • Blank checks • New York
THIS LOAN AGREEMENT RELATES TO AN EXTENSION OF CREDIT BY ZAXIS INTERNATIONAL INC., A DELAWARE CORPORATION (THE "LENDER") TO EMERALD MEDICAL APPLICATIONS LTD., A PRIVATE COMPANY ORGANIZED UNDER THE LAWS OF THE STATE OF ISRAEL (THE "BORROWER"), IN AN OFFSHORE TRANSACTION BY A PERSON WHO IS NOT A U.S. PERSON (AS DEFINED HEREIN) PURSUANT TO REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "ACT").
AMENDMENT TO LOAN AGREEMENTSLoan Agreements • May 1st, 2015 • Zaxis International Inc • Blank checks • Delaware
THIS AMENDMENT TO AGREEMENTS (the "Amendment") is made as of this 30th day of April, 2015 by and between Zaxis International Inc., a Delaware corporation with offices located at 42 Ben Zvi Street, Ramat Gan, 5224747 Israel (the "Corporation" or "Lender") and Emerald Medical Applications Ltd, organized under the laws of the State of Israel with offices located at Ishpe 71725, Modiin, Israel (“Emerald” or the "Borrower"). The Lender and the Borrower are sometimes referred to, individually, as a "Party" and collectively, at the "Parties."
