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REF:
F:/Sadot/PimiMarion/Addendum_Nimrod/BSR/3.5.09
[TRANSLATED
FROM THE HEBREW]
ADDENDUM TO PERSONAL CONTRACT
OF EMPLOYMENT
Made in ________________ this _____
day of _____________ 2009
BETWEEN: Pimi
Agro Cleantech Ltd, private company
no. 513497123
of PO Box 117,
Hozot Alonim 30049
(hereinafter
referred to as “the Company”)
of the one part
AND:
Nimrod Ben Yehuda, ID No. 051795631
of
______________________________
(hereinafter
referred to as “the Employee”)
of the other part
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a personal
contract of employment (hereinafter referred to as “the
contract of employment”) was made between the parties on 13th
November 2005, the Employee being employed in the capacity of chief
technology manager;
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the parties
wish to modify and augment the contract of employment as provided
in this addendum to the contract of employment (hereinafter
referred to as “the addendum”);
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AND
WHEREAS
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the parties
wish to set out in writing what is agreed between them.
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NOW THEREFORE
IT IS WARRANTED, PROVIDED AND AGREED BETWEEN THE PARTIES AS
FOLLOWS:
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The recitals to
this addendum constitute an integral part of it.
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The provisions
of the addendum constitute an integral part of the contract of
employment. It is hereby expressed that in the event of any
discrepancy or ambiguity between the provisions of the addendum and
those of the contract of employment, the provisions of this
addendum shall apply.
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The Employee
acknowledges that a condition precedent to the Company’s
agreeing to modify the contract of employment is his undertaking to
comply in full with all the terms and conditions of the addendum
and the contract of employment.
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Wages and
Social Benefits
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Clause 3.6(l)
shall be added to the contract of employment as follows
-
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During the term
of the agreement and subject to all the statutes, laws and
temporary provisions in force from time to time, the following
terms and conditions shall apply -
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All the
payments that have been and are in future made by the Company to
the policy shall be in place of the severance pay that is in future
due to the Employee or his survivors from the Company in respect of
the wages from which the said payments were made and for the period
during which they were made (hereinafter referred to as “the
exempt wages”), and the Employee hereby grants his consent
thereto in accordance with section 14 of the Severance Pay Law,
5723-1963 (hereinafter referred to as “the Law”). The
parties hereby adopt the General Confirmation with Regard to
Employers’ Payments to a Pension Fund and Insurance Fund
Instead of Severance Pay pursuant to section 14 of the Law, as
published in Government Notices no. 4659 of 30th June 1998 and
annexed hereto as appendix “A”.
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The Company
waives in advance every right that it might in future have for the
reimbursement of funds from its payments, unless the
Employee’s right to severance pay is invalidated in a
judgment by virtue of sections 16 or 17 of the Law, and insofar as
invalidated or the Employee has drawn monies from the pension fund
or insurance fund otherwise than by reason of an entitling event.
For the purpose hereof, ‘entitling event’ means death,
disability or retirement at the age
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