Caselaw

Civil Case 63480-06-22 A.D. Peleg Consulting and Investments in Tax Appeal v. Splitite Ltd. - part 15

August 10, 2025
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Thus and first, on November 12, 2008, Don Lafayette wrote:

"Guy and Kobi are eligible for Finders Fi

According to the amount written in the attached document against an invoice that we already have, they have already invested the money back under the CLA.

And in addition, they put an additional $100,000 as you know.

The sum is $230,000 Finders, which is 2.3 of the total raised amount, 2 that we have already received and 8 in the fundraising, plus VAT that we are brokering . About him.

I need to transfer the money to him urgently because he deposited the amount into our account a week ago in accordance with DLA's instruction  to generate a transaction in the books."

Fayette was asked to sign a board resolution approving the transfer of funds as aforesaid.

To this, Feit responded on November 12, 2018, and complained that the payment was paid before the draft.

In response to this objection, Don Lafayette replied on November 12, 2018:

"They are paying now because it's only 2.3 percent, which was originally 4.5 percent, and besides, instead of taking money out of the company, it came back with an additional 100,000.

If my memory is not chargeable, you are the one who always claims that you should be a bull with people, see the sample case that at the end of the day you are left with more percentages in the company than I do and almost like you, and that there was no money for salaries, Kobi took $100,000 out of the bank that became  a CLA instead of getting them back."

Subsequently, Feit wrote to Don that he had no problem paying, but Don was asked to sign Peleg and Kobi a commitment that if the IPO did not go through, they would return within 60 days the relative amount of money they received as a commission and did not enter the company.

Don agreed to this amendment and wrote Fayette the following notice on November 12, 2018, to which he attached the second agreement:

"I saw an original signed document with the conditions in advance, I made sure it was registered in Finders by Agreement."

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