Exhibit 10.13
An English Summary of the Material Provisions of a Hebrew Document Titled
“A Request for a Loan in a Foreign Currency” Dated February 28, 2022
| To: | The First International Bank of Israel, Ltd. |
| Office 274 – U-Bank Hertzliya |
| ● | Account Name: | On Track Innovations Ltd. |
| ● | Loan Currency: | U.S. Dollars. |
| ● | Amount of the Loan: | 2,000,000.00 |
| ● | Day of Grant of the Loan: | Date of credit of the loan amount in the account. |
| ● | Date of Repayment: | March 28, 2022. |
| ● | Interest: | Secured Overnight Financing Rate (SOFR) plus 2.45%. |
| ● | Date of Payment of Interest: | March 28, 2022 |