AMENDMENT TO BINDING Term Sheet Dated February 9, 2017 [unofficial translation from hebrew to english]
Exhibit 4.18
AMENDMENT TO BINDING Term Sheet
Dated February 9, 2017
[unofficial translation from hebrew to english]
The agreements attached to this email are agreed upon by the Parties thereto as the final drafts thereof. Annex A to the document entitled “Binding Term Sheet” is amended as follows:
The amount $775 in Section 3.1 and the amount $595 in Section 3.2 of Annex A, will be replaced by such number which is equal to US$ 13,500,000 divided by the issued and outstanding share capital of the Company as of today’s date of this Agreement (February 9th 2017).
The amendment is agreed upon by all Parties.
/s/ Xxx Xxxxxxxxxx
For:
TAOZ – COMPANY FOR MANAGEMENT
AND HOLDINGS OF COMPANIES LTD.
/s/ Ran Diamant, Adv.
For:
KITOV PHARMACEUTICALS HOLDINGS LTD. & TYRNOVO Ltd.
