WARRANT



THIS WARRANT AND THE ORDINARY SHARES ISSUABLE UPON EXERCISE OF THIS WARRANT (the

"SECURITIES") HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS

AMENDED, (the "SECURITIES ACT") OR QUALIFIED UNDER ANY STATE OR FOREIGN

SECURITIES LAW, AND THE WARRANT MAY NOT BE EXERCISED AND THE WARRANT AND THE

ORDINARY SHARES ISSUABLE UPON EXERCISE MAY NOT BE SOLD, TRANSFERRED, PLEDGED,

ASSIGNED OR HYPOTHECATED, UNLESS THERE IS AN EFFECTIVE REGISTRATION STATEMENT

UNDER THE SECURITIES ACT COVERING THIS WARRANT AND/OR SUCH SECURITIES, OR THE

HOLDER RECEIVES AN OPINION OF COUNSEL FOR THE HOLDER OF THE WARRANT AND/OR SUCH

SECURITIES SATISFACTORY TO THE COMPANY STATING THAT SUCH SALE, TRANSFER, PLEDGE,

ASSIGNMENT OR HYPOTHECATION IS EXEMPT FROM THE REGISTRATION AND PROSPECTUS

DELIVERY REQUIREMENTS OF THE SECURITIES ACT AND THE QUALIFICATION REQUIREMENTS

UNDER APPLICABLE LAW.



                                   to purchase



                                 Ordinary Shares



                                       of



                             NUR MACROPRINTERS LTD.



                          at a price of $4.50 per share



                VOID AFTER 17:00 p.m. (prevailing Tel Aviv time)



                 On the Expiration Date (as hereinafter defined)



                                   in favor of



                The Investment Corp. of United Mizrahi Bank Ltd.





No. W-





NUR MACROPRINTERS LTD., an Israeli company with its principal offices at 12 Abba

Hilel Silver Street, Lod, Israel (the "Company"), hereby grants to The

Investment Corp. of United Mizrahi Bank Ltd. (the "Holder"), the right to

purchase, subject to the terms and conditions hereof, up to Six Hundred and

Twelve Thousand, Five Hundred (612,500) of the Company's Ordinary Shares, par

value NIS 1.0 per share ("Ordinary Shares"), exercisable at any time from time

to time, on or after the date hereof (the "Effective Date"), and until the

fourth anniversary of such date (the "Expiration Date").









{PAGE}





                                      -2-



(Hereinafter: (i) the Ordinary Shares purchasable hereunder or any other

securities which may be issued by the Company in substitution therefor, are

referred to as the "Warrant Shares"; (ii) the price of Four United States

Dollars and Fifty Cents ($4.50) payable hereunder for each of the Warrant

Shares, as adjusted in the manner set forth hereinafter, is referred to as the

"Exercise Price" and (iii) this Warrant and all warrants hereafter issued in

exchange or substitution for this Warrant are referred to as the "Warrants". The

Exercise Price and the number of Warrant Shares are subject to adjustment as

hereinafter provided.)



1. Warrant Period; Exercise of Warrant



1.1 (a) This Warrant may be exercised in whole at any time, or in part from time

to time, beginning on the date hereof until the Expiration Date (the "Warrant

Period"), by the surrender of this Warrant (with a duly executed exercise form

in the form attached at the end hereof as Exhibit A), along with the Exercise

Home        Intelligence        Services        Subscriptions        News        About Us

Contact Us       Terms of Use       Resend Documents       Shopping Cart

Copyright © 2008 The Consus Group LLC