SPIN-OFF AND DISTRIBUTION AGREEMENTSpin-Off and Distribution Agreement • January 8th, 2015 • Kenon Holdings Ltd. • Water transportation
SPIN-OFF AND DISTRIBUTION AGREEMENT, dated as of January 7, 2015 (this “Agreement”), by and between Israel Corporation Ltd., a company incorporated with limited liability organized under the laws of the State of Israel (“IC”), and Kenon Holdings Ltd., a company wholly-owned by IC, with limited liability organized under the laws of Singapore (“Kenon”). Each of IC and Kenon is sometimes referred to herein as a “Party” and together, as the “Parties”). Capitalized terms used herein and not otherwise defined shall have the respective meanings assigned to them in Appendix 1.
