Extension Agreement to Term Sheet Between Pluristem Ltd. and Sosei Corporate Venture Capital Ltd.
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Summary
Pluristem Ltd. and Sosei Corporate Venture Capital Ltd. have agreed to extend the period of their existing Term Sheet, originally dated December 19, 2016. The extension adds 180 days to the term, starting from July 1, 2017, and ending on December 31, 2017. Both parties have formally accepted this extension in writing. This agreement does not alter other terms of the original Term Sheet.
EX-10.40 2 exhibit_10-40.htm EXHIBIT 10.40
Exhibit 10.40
August 15, 2017
To:
Sosei Corporate Venture Capital Ltd.
Attn: Mr. Peter Bains
Re: Extension of Term Sheet Period
Reference is hereby made to a certain Term Sheet dated December 19, 2016, by and between Pluristem Ltd. and Sosei Corporate Venture Capital Ltd. (the “Term Sheet”).
Pursuant to the “Timing and Expenses” clause in the Term Sheet, the parties hereby extend the term sheet period by additional 180 days starting from July 1st, 2017 and ending on December 31st, 2017.
| | Very truly yours, Pluristem Ltd. By: /s/ Zami Aberman Name: Zami Aberman Title: Chairman and Co-CEO |
The abovementioned decision is agreed and accepted by:
Sosei Corporate Venture Capital Ltd.
By: /s/ Peter Bains
Name: Peter Bains
Title: CEO
