Exhibit 10.3
HIRSCH INTERNATIONAL CORP.
50 Engineers Rd.
Hauppauge, New York 11788
February 14, 2008
Kornit Digital Ltd.
5 David Navon St.
POB 8406
Magshimim, Israel
Ladies and Gentlemen:
Reference is hereby made to that certain Agreement, dated January 1, 2008 (the “ Services Agreement ”), by and
between Kornit Digital Ltd., an Israeli company (“ Kornit ”), and Hirsch International Corp., a Delaware corporation (“
Representative ”). Capitalized terms, unless otherwise set forth herein, shall have the meanings as defined in the Services
Agreement.
Notwithstanding anything contained in the Services Agreement, including, without limitation, Section 6 of the Services
Agreement, Representative and Kornit wish to set forth in this Letter Agreement the terms of any compensation paid between
the parties related to the sales of any Kornit Products made by Representative, such terms to supersede the corresponding
provisions contained in the Services Agreement. In consideration of the mutual covenants contained in this Letter Agreement,
and for other good and valuable consideration the receipt of sufficiency of which is acknowledged, the parties agree as follows:
1. Sales; Customer Orders; Support . Representative will purchase any Kornit Products it desires to sell directly from Kornit
at prices listed in the Price List or at such other prices as may be agreed upon by the parties. Representative will sell Kornit
Products directly to Customers at prices determined by Representative in its sole discretion, the proceeds of such sales to be
paid to directly from the Customers to Representative. [***] In all other respects the Services Agreement remains unamended
and in full force and effect.
2. Authority . The undersigned have the authority to enter into this Letter Agreement and this Letter Agreement shall be a
binding obligation of such parties. All transactions to be consummated pursuant to this Letter Agreement and all documents to
be delivered in connection