. i HERZOG LAW OFFICE Yaakov Neeman' Odelia Offer Tuvia Eriich Sharon Petel Meir Linzen Moria Tam? Alan Sacks Harshoshanim Yaacov Brandt Guy Katz Ehud Sol Daniel Reisner Jmet Levy Pahima Nurit Dagan Amir Seraya Yariv D'novitch Yael Bar-Shai Nir Raber Yaacov Sharvit Harriet Finn Eliot Sacks Jay K. Kupietzky Baruch Katznan Alon Ziv David Zailer O?r Segev Mark Phillips Ran Hai Adam Eytm Ronen Re?ngold Orty Gerbi Haya Ehnnm Moshe Hardi Tal Dror Schwimmer Gilad Wekselman Shai Kagan Yossi Ashkenazi Chagai Vered Gil White Gilad Majerowicz Anthony Leibler Yuval Navot Eldad Chamarn lrit Roth laiit Landesmm Michal Caspi Yogev Shira Margalit -Elbaz Limor Hodir Etri Berkovich Ory Nacht Yehoshua Shohat Maya Rache Netser Gurtier Esther Stembach Shachar Porat Ariel Flavian Amir Peres Nati Simchony Yair Geva Roni Libster Nir Dash Menachem Neeman ltzhak Shragay Karen L. Elburg Em Lempert Hanai Haviv Tamara Tmoohi Liat Shaked?Katz Waldman Ruth Dagan Hanna Bilavsky Asher Dovev Saar Pauker Orit Hipsher Moshe Yaaoov 'Founding Partner Daniel Lipmm Lowbeer Avital A. Shlomovich Cannit Keman Neil Wilkot Nimrod Koztovslti Moran Yemini Ayelet Regavim K. Ariel Yoseli Asaf Nahum Natalie Jacobs Roi Hayun Eyal Bar-Zvi Yariv Ben-Dov Talya Solomon Haim Machqu Yuval Meidar Aviram Hazak ltai Sarfaty Ran Kedem Ra'anan Sagi Revital Katz Tal Hamdi Tal Even-Zahav Ruth Bengwerk Shlomi Azar Iris Achmon Rotem Vlmik Na'ama Babish Mr. David Tobol, Accountant Tax Assessing Of?cer Tel Aviv 1 Menachem Begin Boulevard 125 Noam Taube Em Wagner Dana Gal-Altbauer Michal Haberfeld Assat Klein Orii Gal Hen ?I'Irosh Racheli Pry-Reichmm lfat Pagis?Gelman Zeev Kallach Yael Chervinsky Edm Gilad Shay Coby Solomon Maayan Hammer- Tzeelon Chen Luzzatto Keren Assaf Tseela Yurkevich Limor Lerner Shechter Adina Shapiro Lev Zigman Noa Lmdau Bar?Ner Uriel Mozes Tsouriel Picard Elad Vl?eder lma Bermm-Nir Tamar Bachar Nir Gal Nir Farber Michal Lavi Adar Ortal Ohad Elkeslassy Etrat Tzur Dana Kashi Nir Miller Dikla Nassi Chen Deltel-Zilber Jennifer Schear Yotam Blaushild Liran Barak Chen Moyal Eyal Shaltieli Boaz Nahshoni Michal Pereg Erez Nahum Tomer Farkash Maor Roth Rosie Mordoch?Ron Rani Hirsh Roni Cohen Pavon Ilma Zibenberg Jonathai Alexaan Zara Gold P'ni Duelt Sahar Regev Jenia Melkhior Karin Fried Tal Avigdory Yehonatan Ohayon Lital Wolfovitz Mor Atias Reut Alcalay Menachem Danishefsky Michal Weisbert Aviv Parienty Rafael Herbst Zvika Friedman Sarit Shainboim Yael Hauser ldo Maior Shiran Shouldiner Marian Fertternan tarnar Gur Yehuda Hommfor Doron H'nd'n Arnit Laufer Talia Blazer Yonatan Har-Cannel Tomer Marsha Maayan Clara Padlon Einat Ste'ner Tom Waltner Orty Eriich Oshrit Aviv Eilan Ella Noa Leon Natm Rosenwasser Grigory Danovich Lior Sofer Maya Rozenwax Dara Comber Yoav Smanes Alon Abcasis Hila Himrnel Natal Wiesenberg O?r Paz Ian Eliav Erez Levy Chen Biton Eliran Doyev Orr Diskin Roi Lagrisi Dmiel Paz Sharon Zioni Gal Sagi Sharbel Sharna Ziv Schwartz Erez Abu Ho?t Cahma Elad Gershkovich Anat Trla Chemi Mark Goldman Adam Salk'n Gilad Eshed Orly Boger Uriya Gehasi Orner Diamant Maayan Menashe Guy Zecharia Nitzan Sch'ndler Moran Zochovizky Harel Elazar Uran Ben Asuly Batell Vallent?ne Blaish Dana Baranes Asaf Bar Natal Tal Barash Elina Shechter Meitar \?ctor Neil Hadad Shira Peled Anat Tsur Rachel Rinberg-Shuri Hadar Radz'nski Moshe Abramovich "d File No:19380 Draft for Discussion Purposes Subject to Attorney Client Privilege Unof?cial Translation from Hebrew Re: Application For a Trust Settlement On behalf of our client, a Trust that was incorporated in the Cayman Islands, We hereby approach you as follows: Factual background as was provided to us by the Trustees: 1. The Trust is a trust which was established under the laws of the Cayman Island in 1991 (the "Trust"). Asia House. 4 Weizmann St, Tel-Aviv 6423904. Israel, Tel: 1973-3692-2020, Fax: (972)-3-696-6464, e-maiI: hfn@hfn.co.il 2 The Trusl beneficianes are an Israeli resldenl who immigraled lo Israel In (the "aneficiary") and descendanls 3 The source orihe Trusl's assets is the rather orihe Benericiary, who is a resident or Canada and has never been a resident orlsrael (the 4 The Settlor, who is a forelgn resident as mentioned, rnaintained ror himself the fight to deeitte to dissolve the Trust, and llkewlse the authority to appoint and remove benefimanes, a that the has employed several times during the life uflhe Trust 5 As or the date or this application, the Beneficlary and his descendants are the only beneticiaries or the Trust, however between 1992 and 2007 also the sister orthe Beneficiary and her issue, who were never residents or lsrael, were benefiCIanes 6 The lruslee of lhe Trusl is 2: Cayman company, and lhe Trusl is a discretionary lrusl 7 The Trusl lo lhe BenefiCIary an amuunl of 16 5 dollars dunng Ihe years 2006- 2013 The assets or the Trust consist 0H1) a portfolio account or marketable securities held in bank accounts outside or lsrael, (2) cash and deposits in bank accounts outside or lsrael, (3) investments in several private investment funds, including lsraeli and forelgn runds (the "Funds")_ and- (4) an interest free loan granled to an lsraeli company which is wholly held by the Beneficiary 9 The total value or the Trust assets, as described above, as or December 31, 2013 was 32,267,108 USD The Anglicmthe Trusl in accordance the facmal background as ll was descnbed above and lhe oullme for lransmona] senlemems the Israel Tax Authonty has issued on March 9, 2014