Translation from Hebrew
The Companies Law, 5759 – 1999
Articles of Association of a Private Company Limited by
Company name in Hebrew: G-Sense Ltd.
Company name in English: G-Sense Ltd.
Each ordinary share shall grant its owner the following rights:
In these articles of association, “the Companies Law” shall mean the Companies Law, 5729 – 1999.
The purpose of the establishment of the Company is to engage in any legal business.
The Company’s registered share capital is NIS 1,000,000 (one million), divided into 1,000,000 (one million) ordinary shares,
each with a nominal value of NIS 1.
The right to be invited to the Company’s General Meetings;
The right to participate and vote in the Company’s General Meetings.
The right to participate in the Company’s distributed profits, assets and benefit shares.
The right to participate in the distribution of the Company’s assets upon its liquidation.
The liability of the Company’s shareholders is limited to the payment of the nominal value of their shares, subject to the
provisions of the Companies Law regarding the allocation of shares for less than their nominal value.
The Company is a private company, and in this regard:
The right to transfer Company shares is limited as detailed below in these Articles of Association.
Any appeal to the public to sign Company shares or bonds is prohibited.
The number of Company shareholders – excluding its employees or persons who were its employees, and as
employees, and even after their employment is terminated, they continue to be Company shareholders – shall not
exceed, at any time, 50 (fifty), however two shareholders or more who jointly hold Company share/s shall be
calculated, for the purposes of this section, as a single shareholder.
Its shares are not registered for trade in the stock market (as defined in the Companies Law), have not been o