0001047469-05-003235 Sample Contracts

Labor Services Supply Agreement Made and executed in Kibbutz Shamir on this 9th day of February 2005
Shamir Optical Industry Ltd. • February 11th, 2005

BETWEEN: Kibbutz Shamir Co-operative Society Registered Society no. 57-000272-5 Mobile Post Upper Galilee 12135 (hereinafter: "the Kibbutz")

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Service Supply Agreement Made and executed in Kibbutz Shamir this 9th day of February, 2005
Shamir Optical Industry Ltd. • February 11th, 2005

BETWEEN: Kibbutz Shamir Co-operative Society Registered Society no. 57-000272-5 Mobile Post Upper Galilee 12135 (hereinafter: "the Kibbutz")

TENANCY AGREEMENT Made and signed this 1 day of December 2003
Shamir Optical Industry Ltd. • February 11th, 2005

BETWEEN Kibbutz Eyal Cooperative Agricultural Society Ltd., No. 57-000507-4 Mobile Post Central Sharon, 45840, Kibbutz Eyal (hereinafter—"the Kibbutz")

SHAREHOLDERS AGREEMENT
Shareholders Agreement • February 11th, 2005 • Shamir Optical Industry Ltd. • Tel-Aviv

THIS SHAREHOLDERS AGREEMENT (the "Agreement") made as of the 9th day of February, 2005, by and among Shamir Optica Holdings A.C.S. Ltd. Reg. No. 570039115, Upper Galilee 12135, Israel (hereinafter "Shamir"); Fibi Investment House Ltd. Reg No. 520031188 with a principal place of business at 14 Ehad Ha'am Street, Tel Aviv (hereinafter "Fibi"); Scorpio BSG Ltd. with a principal place of business at 85 Medinat Hayehudim, Herzliya (hereinafter "Scorpio"); JFJ International Trading Ltd. with a principal place of business at (hereinafter "Jacobson"); and Gishrei Asia Ltd. with a principal place of business at (hereinafter "GA") (each shall be referred to as "Shareholder" and collectively, the "Shareholders"). For the purposes of this Agreement, the term "Fibi Group" means Fibi, together with Scorpio, Jacobson and GA, and any permitted assignee pursuant to section 5.4 below.

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • February 11th, 2005 • Shamir Optical Industry Ltd. • New York

THIS REGISTRATION RIGHTS AGREEMENT (the "Agreement") is made as of the 7th day of February, 2005 by and among Shamir Optical Industry Ltd., a limited liability company formed in Israel (the "Company"), and certain investors in the Company listed in the signature block of this Agreement (collectively, the "Investors").

Kibbutz Shamir Lease Contract for a Kibbutz
Shamir Optical Industry Ltd. • February 11th, 2005

WHEREAS The Kibbutz is a collective settlement which is a separate settlement maintaining a cooperative company of its members, organized on the foundations of common ownership of property, self-labors and equality and partnership in all productive, consumption and educational areas, that has been classified by the Registrar of Cooperative Societies as a Kibbutz, and whose articles contain a provision whereby the society does not distribute its profits and its property in any form whatsoever; and

LEASE AGREEMENT Made and entered into at Shamir Kibbutz on day of January 1999
Lease Agreement • February 11th, 2005 • Shamir Optical Industry Ltd.

Between: Kibbutz Shamir Agricultural Cooperative Society Registered society 57-000272-5 Mobile post Galil Elyon 12135 (hereinafter: "the kibbutz")

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