EXHIBIT 10.8
Agreement
Conducted and Signed on the 26th of October, 2014
Between:
T.A.B. Anti-Bacterial Textiles Ltd.
PC 514997741
Of 19 Hagaaton st. , Naharia
(Hereinafter: "The Company")
The one party;
And:
Mr. Meir Elishkov
i.d. 014493308
of 6 Silver st., Naharia
(Hereinafter "the shareholder")
The other party;
Given | that the company is interested in raising capital from the public; |
And given | that in order to do so the company intends to submit a prospectus for raising the capital as stated; |
And given | that the parties are interested to put to order their rights and duties in this agreement; |
Therefore it has been hereby agreed as follows:
The shareholder will not offer his shares in the company for resale to the public, until a time when the company has completed to raise a sum equal to 1.35m $US, that are 45% of the sum that the company seeks to raise according to the prospectus which the company intends to submit (3m $US).
And as proof the parties have signed:
/s/ Joshua Hershcovich | /s/ Mr. Meir Elishkov | |||
The Company (by Mr Joshua Hershcovich) | Meir Elishkov |