Exhibit 10.12

 

December 27, 2025

 

Dear Mr. Shlomo Pilo, Chief Executive Officer and Director

 

Re: Extension of Service Agreement

 

The company’s management hereby notifies you that it has decided to extend the service agreement signed with you on March 3, 2025, for an additional period of one (1) year, through December 31, 2026.

 

You shall continue to serve as Chief Executive Officer and Director of the company during such extended term.

 

Commencing January 1, 2026, your monthly compensation shall be $20,000.

 

The warrants previously granted to you will expire on December 31, 2025, and to the extent not exercised, in full or in part, their expiration date shall not be extended.

 

Sincerely yours,

 

/s/ Guy Ofir  
Guy Ofir, CFO & Director