MERHAV (M.N.F) LTD Ackersten Tower C Herzliya, IsraelColombia Ethanol 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.
