Amendment to Colombia Ethanol Project Option Agreement Sample Contracts

MERHAV (M.N.F) LTD Ackersten Tower C Herzliya, Israel
Amendment to Colombia Ethanol Project Option Agreement • March 30th, 2012 • Ampal-American Israel Corp • Investors, nec • New York

Reference is made to the Option Exercise Agreement, dated as of December 31, 2009 (as amended by Amendment to Colombia Ethanol Option Agreement, dated December 31, 2010, the “Exercise Agreement”), between Merhav (m.n.f.) Ltd. (“Merhav”) and Merhav-Ampal Group Ltd. (“MAG”), as assignee of Ampal-American Israel Corporation. Capitalized terms used herein but not defined herein shall have the meanings set forth in the Exercise Agreement.

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MERHAV (M.N.F) LTD Ackersten Tower C Herzliya, Israel
Amendment to Colombia Ethanol Project Option Agreement • March 17th, 2011 • Ampal-American Israel Corp • Investors, nec • New York

Reference is made to the Option Exercise Agreement, dated as of December 31, 2009 (the “Original Exercise Agreement”), between Merhav (m.n.f.) Ltd. (“Merhav”) and Ampal-American Israel Corporation (“Ampal”). Capitalized terms used herein but not defined herein shall have the meanings set forth in the Original Exercise Agreement.

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