Appendix AIrrevocable Letter of Undertaking • February 22nd, 2013 • Orbotech LTD • Industrial instruments for measurement, display, and control
Further to the Letter of Agreement dated January 31, 2013 and as an integral part of the Financing Agreement between us signed on December 21, 2009, including all amendments thereto (hereinafter—the “Financing Agreement”), pertaining to the credit facilities and banking services you have provided to us and as part of the other loan documents we have signed to you, we, the undersigned, Orbotech Ltd. registration no. 520035213 (hereinafter—the “Company”), hereby irrevocably declare, agree, testify, confirm and undertake to the Bank, as follows:
APPENDIX ‘A’ Letter of Amendment No. 1 Dated 13.Dec.11 to the Irrevocable Letter of Undertaking Dated 1.May.2011 Signed between:Irrevocable Letter of Undertaking • April 17th, 2012 • Bluephoenix Solutions LTD • Services-computer programming services
[Signatures] [Stamp: Abramowitz Yaakov] [Stamp: [illegible]] [Stamp: Andrea Arov] ______________________ The First International Bank of Israel Ltd. [Stamp and signatures: BluePhoenix Solutions Ltd.] _______________________ BluePhoenix Solutions Ltd. Represented by: ______________ Position: ____________________ Represented by: Shimon Bar Kama Position: CEO Represented by: ______________ Position: ____________________ Represented by: Nir Peles Position: CFO
AMENDMENT OF IRREVOCABLE LETTER OF UNDERTAKING DATED MAY 1, 2011Irrevocable Letter of Undertaking • April 17th, 2012 • Bluephoenix Solutions LTD • Services-computer programming services
SIGNED BETWEEN: BluePhoenix Solutions Ltd., a Public Company Registration No. 520043068 ("The Company") AND: Israel Discount Bank Ltd. ("the Bank") WHEREAS: On May 1, 2011, the Company signed an irrevocable letter of undertaking to the Bank (hereinafter: "The Letter of Undertaking"); AND WHEREAS: The Parties wish to amend the Letter of Undertaking as detailed below;
