<SEC-DOCUMENT>0001213900-24-031212.txt : 20240408
<SEC-HEADER>0001213900-24-031212.hdr.sgml : 20240408
<ACCEPTANCE-DATETIME>20240408165032
ACCESSION NUMBER:		0001213900-24-031212
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20240408
FILED AS OF DATE:		20240408
DATE AS OF CHANGE:		20240408

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Check-Cap Ltd
		CENTRAL INDEX KEY:			0001610590
		STANDARD INDUSTRIAL CLASSIFICATION:	X-RAY APPARATUS & TUBES & RELATED IRRADIATION APPARATUS [3844]
		ORGANIZATION NAME:           	08 Industrial Applications and Services
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36848
		FILM NUMBER:		24830181

	BUSINESS ADDRESS:	
		STREET 1:		ABBA HUSHI AVENUE
		STREET 2:		P.O. BOX 1271
		CITY:			ISFIYA
		STATE:			L3
		ZIP:			3009000
		BUSINESS PHONE:		972-4-8303400

	MAIL ADDRESS:	
		STREET 1:		ABBA HUSHI AVENUE
		STREET 2:		P.O. BOX 1271
		CITY:			ISFIYA
		STATE:			L3
		ZIP:			3009000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>ea0203452-6k_checkcap.htm
<DESCRIPTION>REPORT OF FOREIGN PRIVATE ISSUER
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Form 6-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13a-16 OR 15d-16</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>UNDER THE SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">For the month of April 2024.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">Commission File Number:&nbsp;<B>001-36848</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: white"><B><U>Check-Cap Ltd.</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: white">(Exact Name of Registrant
as Specified in Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: white"><B>Abba Hushi Avenue</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: white"><B>P.O. Box 1271</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: white"><B>Isfiya, 30090 Mount
Carmel, Israel</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">(Address of principal executive offices)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Form 20-F &#9746; Form 40-F &#9744;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>INCORPORATION BY REFERENCE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="background-color: white">This
Form 6-K is incorporated by reference into </FONT>Check-Cap Ltd.&rsquo;s <FONT STYLE="background-color: white">Registration
Statements on Form F-3 (File No. </FONT><A HREF="http://www.sec.gov/Archives/edgar/data/1610590/000117891316005228/zk1618403.htm">333-211065</A><FONT STYLE="background-color: white">, </FONT><A HREF="http://www.sec.gov/Archives/edgar/data/1610590/000117891318002068/zk1821874.htm">333-225789</A> <FONT STYLE="background-color: white">and </FONT><A HREF="http://www.sec.gov/Archives/edgar/data/1610590/000117891322000252/zk2227124.htm">333-262401</A><FONT STYLE="background-color: white">),
and Form S-8 (File No. </FONT><A HREF="http://www.sec.gov/Archives/edgar/data/1610590/000117891315001227/zk1516582.htm">333-203384</A><FONT STYLE="background-color: white">, </FONT><A HREF="http://www.sec.gov/Archives/edgar/data/1610590/000117891318002251/zk1821959.htm">333-226490</A><FONT STYLE="background-color: white">
and </FONT><A HREF="http://www.sec.gov/Archives/edgar/data/1610590/000117891321003032/zk2126587.htm">333-259666</A><FONT STYLE="background-color: white">) filed with the Securities and Exchange Commission, to be a part thereof
from the date on which this Report is submitted, to the extent not superseded by documents or reports subsequently filed or
furnished.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CONTENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><I><U>Entry Into Support Agreement</U></I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On April 5, 2024, EquityLine Alternate Assets
GP Inc., a corporation incorporated under the laws of the Province of Ontario, Canada, Sergiy Shchavyelyev, the sole director of EquityLine,
and each of the other Check-Cap shareholders (each, a &ldquo;Shareholder&rdquo; and, collectively, the &ldquo;Shareholders&rdquo;) signatory
to the Support Agreement (as defined below), and Check-Cap Ltd., an Israeli company (&ldquo;Check-Cap&rdquo; or the &ldquo;Company&rdquo;),
entered into a support agreement (the &ldquo;Support Agreement&rdquo;). Capitalized terms used in this Form 6-K but not defined herein
shall have the meanings ascribed to them in the Support Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Pursuant to the Support Agreement, each Shareholder
irrevocably and unconditionally agreed to vote at (i) the Check Cap Shareholder Meeting (or any adjournment or postponement thereof);
(ii) at the April EGM (or any adjournment or postponement thereof); and (iii) at any other meeting of the shareholders of Check-Cap to
the extent in respect of, or related to, the transactions contemplated under the BCA, all of the Shares held by such Shareholder at such
time (a) in favor of the approval and adoption of the Check-Cap Shareholder Transaction Matters; (b) against any Acquisition Proposal
or any of the transactions contemplated thereby, (c) against any other action that would reasonably be expected to materially impede,
interfere with, delay, postpone or adversely affect the Check-Cap Shareholder Transaction Matters or result in a breach of any covenant
representation or warranty or other obligation or agreement of Check-Cap under the BCA; and (d) in favor of all items on the agenda of
the April EGM, as may be amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to the Support Agreement, each Shareholder agreed that it
shall not, directly or indirectly, (a) sell, assign, transfer (including by operation of Law or by terminating the Coordination Agreement),
pledge, dispose of or otherwise encumber any of the Shares or otherwise agree to do any of the foregoing, except for a sale, assignment
or transfer pursuant to the BCA, (b) deposit any Shares into a voting trust or enter into a voting agreement or arrangement or grant any
proxy or power of attorney with respect thereto that is inconsistent with the Support Agreement or (c) enter into any contract, option
or other arrangement or undertaking with respect to the direct or indirect acquisition or sale, assignment, transfer (including by operation
of Law) or other disposition of any Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Under the terms of the Support Agreement, the Shareholders agreed to
certain standstill provisions, for the duration of the Standstill Period. The standstill provisions generally prohibit the Shareholders
from taking specified actions during the Standstill Period with respect to the Company and its securities, including, among others: (i)
soliciting or participating in the solicitation of proxies; (ii) joining any other &ldquo;group&rdquo; or becoming party to any agreement
regarding any securities of the Company; (iii) seeking or encouraging others to submit nominations for the election or removal of directors;
(iv) making shareholder proposals at any annual or extraordinary general meeting of shareholders or offers with respect to mergers, acquisitions
and other business combinations; or (v) calling, or supporting another shareholder&rsquo;s call of, an extraordinary general meeting of
shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The foregoing description does not purport to be complete and is qualified
in its entirety by reference to the full text of the Support Agreement, a copy of which is attached hereto as Exhibit 10.1 and is incorporated
herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURE</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CHECK-CAP LTD.</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Registrant)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 60%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 35%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date: April 8, 2024</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/ Paul
    Medeiros</I></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name&nbsp;:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Paul Medeiros</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Board Chair, Check-Cap Ltd.</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="font: normal 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>EXHIBIT INDEX</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.1</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 90%; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><A HREF="ea020345201ex10-1_checkcap.htm">Support Agreement by and among EquityLine Alternate Assets GP Inc., Sergiy Shchavyelyev, each of the other Check-Cap shareholders signatory to the Support Agreement, and Check-Cap Ltd.</A></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">4</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ea020345201ex10-1_checkcap.htm
<DESCRIPTION>SUPPORT AGREEMENT BY AND AMONG EQUITYLINE ALTERNATE ASSETS GP INC., SERGIY SHCHAVYELYEV, EACH OF THE OTHER CHECK-CAP SHAREHOLDERS SIGNATORY TO THE SUPPORT AGREEMENT, AND CHECK-CAP LTD
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; background-color: white"><B>Exhibit 10.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><B>SUPPORT AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">This
SUPPORT AGREEMENT, dated as of April 5, 2024 (this &ldquo;<U>Agreement</U>&rdquo;), by and among EquityLine Alternate Assets GP Inc.,
a corporation incorporated under the laws of the Province of Ontario, Canada (&ldquo;<U>EquityLine</U>&rdquo;), Sergiy Shchavyelyev (&ldquo;<U>Sergiy</U>&rdquo;),
the sole director of EquityLine and each of the other Check-Cap shareholders signatory hereto (each, a &ldquo;<U>Shareholder</U>&rdquo;
and, collectively, the &ldquo;<U>Shareholders</U>&rdquo;), and Check-Cap Ltd., an Israeli company (&ldquo;<U>Check-Cap</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">WHEREAS,
Nobul AI Corp., an Ontario corporation (&ldquo;<U>Nobul</U>&rdquo;), and Check-Cap entered into a business combination agreement dated
as of March 25, 2024 (the &ldquo;<U>BCA</U>&rdquo;) pursuant to which a wholly owned subsidiary of Nobul, to be formed under the laws
of Israel, will merge with and into Check-Cap (the &ldquo;<U>Merger</U>&rdquo;), with Check-Cap surviving the Merger as a direct, wholly
owned subsidiary of Nobul;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">WHEREAS,
Check-Cap will hold an Extraordinary General Meeting of Shareholders to approve the transactions contemplated under the BCA;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">WHEREAS,
on March 27, 2024, Check-Cap has issued a notice for an Extraordinary General Meeting of Shareholders&nbsp;to be held on&nbsp;April 25,
2024, at 9:00 a.m. (Eastern time) (the &ldquo;<U>April EGM</U>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">WHEREAS,
as of the date hereof, the Shareholders beneficially own 762,724 Ordinary Shares, par value NIS 48.00 of Check-Cap (the &ldquo;<U>Shares</U>&rdquo;),
pursuant to that certain Coordination Agreement dated as of April 1, 2024, between EquityLine and certain shareholders of Check-Cap signatory
thereto (the &ldquo;<U>Coordination Agreement</U>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">WHEREAS,
capitalized terms used herein but not defined in this Agreement shall have the meanings ascribed to them in the BCA;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">NOW,
THEREFORE, in consideration of the foregoing and of the mutual covenants and agreements contained herein, and intending to be legally
bound hereby, the parties hereto hereby agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">1. <U>Agreement
to Vote</U>. Each Shareholder hereby irrevocably and unconditionally agrees to vote at (i) the Check-Cap Shareholder Meeting (or any adjournment
or postponement thereof); (ii) at the April EGM (or any adjournment or postponement thereof); and (iii) at any other meeting of the shareholders
of Check-Cap (whether annual or extraordinary and whether or not an adjourned or postponed meeting, however called and including any adjournment
or postponement thereof) to the extent in respect of, or related to, the transactions contemplated under the BCA, all of the Shares held
by such Shareholder at such time (a) in favor of the approval and adoption of the Check-Cap Shareholder Transaction Matters; (b) against
any Acquisition Proposal or any of the transactions contemplated thereby, (c) against any other action that would reasonably be expected
to materially impede, interfere with, delay, postpone or adversely affect the Check-Cap Shareholder Transaction Matters or result in a
breach of any covenant, representation or warranty or other obligation or agreement of Check-Cap under the BCA; and (d) in favor of all
items on the agenda of the April EGM, as may be amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">2. <U>Transfer
of Shares</U>. Each Shareholder hereby agrees that it shall not, directly or indirectly, (a) sell, assign, transfer (including by operation
of Law or by terminating the Coordination Agreement), pledge, dispose of or otherwise encumber any of the Shares or otherwise agree to
do any of the foregoing, except for a sale, assignment or transfer pursuant to the BCA, (b) deposit any Shares into a voting trust or
enter into a voting agreement or arrangement or grant any proxy or power of attorney with respect thereto that is inconsistent with this
Agreement or (c) enter into any contract, option or other arrangement or undertaking with respect to the direct or indirect acquisition
or sale, assignment, transfer (including by operation of Law) or other disposition of any Shares;&nbsp;<U>provided</U>&nbsp;that the foregoing
shall not prohibit the transfer of the Shares by a Shareholder to an affiliate of such Shareholder, but only if such affiliate shall execute
this Agreement or a joinder agreeing to become a party to this Agreement. Each Shareholder hereby procures to keep the Coordination Agreement
in full force and effect until such time as this Agreement is terminated, in accordance with Section 7 below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">3. <U>Standstill
Provisions.</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 35.45pt; background-color: white">(a) Each
Shareholder hereby agrees that, from the date of this Agreement through its termination, in accordance with its terms (the &ldquo;<U>Standstill
Period</U>&rdquo;), neither it nor any of its controlled Affiliates or Associates (as used in this Agreement, the terms &ldquo;Affiliate&rdquo;
and &ldquo;Associate&rdquo; shall have the respective meanings set forth in Rule 12b-2 promulgated by the Securities and Exchange Commission
(the &ldquo;<U>SEC</U>&rdquo;) under the Securities Exchange Act of 1934, as amended, or the rules or regulations promulgated thereunder
(the &ldquo;<U>Exchange Act</U>&rdquo;), and shall include all persons or entities that at any time during the term of this Agreement
become Affiliates or Associates of any person or entity referred to in this Agreement) will, and it will cause each of its controlled
Affiliates and Associates not to, directly or indirectly, in any manner:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">(i)
engage in any solicitation of proxies or consents or become a &ldquo;participant&rdquo; in a &ldquo;solicitation&rdquo; (as such terms
are defined in Regulation 14A under the Exchange Act) of proxies or consents (including, without limitation, any solicitation of consents
that seeks to call an extraordinary general meeting of shareholders), in each case, with respect to securities of Check-Cap;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">(ii)
form, join or in any way participate in any &ldquo;group&rdquo; (within the meaning of Section&nbsp;13(d)(3) of the Exchange Act) or agreement
of any kind with respect to any securities of Check-Cap (other than the &ldquo;group&rdquo; or agreement that includes all of the entities
or persons under the Coordination Agreement and pursuant to its terms);&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">(iii)
deposit any securities of Check-Cap in any voting trust or subject any securities of Check-Cap to any arrangement or agreement with respect
to the voting of any securities of Check-Cap, other than any such voting trust, arrangement or agreement solely among the members of EquityLine
and otherwise in accordance with this Agreement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">(iv)
seek or submit, or knowingly encourage any person or entity to seek or submit, nomination(s) in furtherance of a &ldquo;contested solicitation&rdquo;
for the election or removal of directors with respect to Check-Cap or seek, knowingly encourage or, subject to Section 1 above, take any
other action with respect to the appointment, election or removal of any directors not in accordance with this Agreement;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">(v)
(A) submit, initiate, make or be a proponent of any proposal for consideration by shareholders at any annual or extraordinary general
meeting of shareholders of Check-Cap, (B)&nbsp;submit, initiate, make or be a proponent of any offer or proposal (with or without conditions)
with respect to any merger, acquisition, recapitalization, restructuring, disposition or other business combination involving Check-Cap,
(C)&nbsp;initiate, knowingly encourage or affirmatively solicit a third party to make an offer or proposal (with or without conditions)
with respect to any merger, acquisition, recapitalization, restructuring, disposition or other business combination involving Check-Cap,
or publicly encourage or support any third party in making such an offer or proposal, (D)&nbsp;publicly comment on any third party proposal
(other than as permitted by this Agreement) regarding any merger, acquisition, recapitalization, restructuring, disposition, or other
business combination with respect to Check-Cap by such third party, (E)&nbsp;call or seek to call, or request the call of, alone or in
concert with others, an extraordinary general meeting of shareholders of Check-Cap, including any &ldquo;town hall&rdquo; meeting or (F)
initiate, knowingly encourage or participate in any &ldquo;withhold&rdquo; or similar campaign with respect to any annual or extraordinary
general meeting of shareholders of Check-Cap;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">(vi)
seek, alone or in concert with others, representation on the Check-Cap Board of Directors (the &ldquo;<U>Board</U>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">(vii)
advise, knowingly encourage, support or knowingly influence any person or entity with respect to the voting or disposition of any securities
of Check-Cap at any annual or extraordinary general meeting of shareholders, except in accordance with Section&nbsp;1 above;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">(viii)
make any request or submit any proposal to amend the terms of this Agreement other than through non-public communications with Check-Cap
that would not be reasonably determined to trigger public disclosure obligations for any Party;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; background-color: white">(ix)
</FONT><FONT STYLE="background-color: white">&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif">seek publicly, alone or in
concert with others, to amend any provision of the articles of association of Check-Cap, or engage in other actions that may impede the
acquisition of control of Check-Cap by any person;</FONT></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white"></P>

<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white"><FONT STYLE="background-color: white">(x)
demand an inspection of Check-Cap&rsquo;s books and records;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white"><FONT STYLE="background-color: white">(xi)
(i) make any public proposal with respect to, (ii) make any public statement or otherwise seek to advise, assist or knowingly encourage
any person in so encouraging or advising with respect to or (iii) initiate, knowingly encourage or in any way participate in, directly
or indirectly: (A) any change in the number or term of directors serving on the Board or the filling of any vacancies on the Board, (B)
any change in the capitalization, share repurchase programs and practices or dividend policy of Check-Cap, (C) any other change in Check-Cap&rsquo;s
management, governance, corporate structure, affairs or policies, (D) any tender offer, exchange offer, merger, consolidation, acquisition,
business combination, sale, recapitalization, restructuring, or other transaction with a third party that, in each case, results in a
change in control of Check-Cap or the sale of substantially all of its assets (an &ldquo;<U>Extraordinary Transaction</U>&rdquo;), (E)
causing a class of securities of Check-Cap to be delisted from, or to cease to be authorized to be quoted on, any securities exchange
or (F) causing a class of equity securities of Check-Cap to become eligible for termination of registration pursuant to Section 12(g)(4)
of the Exchange Act;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white"><FONT STYLE="background-color: white">(xii)
initiate, make or in any way participate, directly or indirectly, in any Extraordinary Transaction or make, directly or indirectly, any
proposal, either alone or in concert with others, to Check-Cap or the Board that would reasonably be expected to require a public announcement
or disclosure regarding any such matter;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white"><FONT STYLE="background-color: white">(xiii)
effect or seek to effect, offer or propose to effect, cause or participate in, or in any way assist or facilitate any other person to
effect or seek, offer or propose to effect or participate in, any (i) material acquisition of any assets or businesses of Check-Cap or
any of its subsidiaries; (ii) tender offer or exchange offer, merger, acquisition, share exchange or other business combination involving
any of the voting securities or any of the material assets or businesses of Check-Cap or any of its subsidiaries; or (iii) recapitalization,
restructuring, liquidation, dissolution or other material transaction with respect to Check-Cap or any of its subsidiaries or any material
portion of its or their businesses;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white"><FONT STYLE="background-color: white">(xiv)
institute, solicit, join (as a party) or assist any litigation, arbitration or other proceeding against Check-Cap or any of its current
or former directors or officers (including derivative actions) other than (i) litigation by the Shareholders to enforce the provisions
of this Agreement, (ii) the exercise of statutory appraisal rights, (iii) making counterclaims with respect to any proceeding initiated
by, or on behalf of, Check-Cap or its Affiliates against any Shareholder or their Affiliates, or (iv) responding to or complying with
any validly issued legal process;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white"><FONT STYLE="background-color: white">(xv)
facilitate, support, knowingly encourage, or participate in or enter into any negotiations, agreements or understandings with any third
party with respect to any of the foregoing, or advise, assist, knowingly encourage or seek to persuade any third party to take any action
with respect to any of the foregoing, or otherwise take or cause any action inconsistent with any of the foregoing; or</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 79.55pt; background-color: white"><FONT STYLE="background-color: white">(xvi)
publicly make or in any way advance publicly any request or proposal that Check-Cap or the Board amend, modify or waive any provision
of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">4. <U>Representations
and Warranties</U>. Each Shareholder, represents and warrants to Check-Cap as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">(a) The
execution, delivery and performance by such Shareholder of this Agreement and the consummation by such Shareholder of the transactions
contemplated hereby do not and will not (i) conflict with or violate any Law or Order applicable to such Shareholder, (ii) require any
consent, approval or authorization of, declaration, filing or registration with, or notice to, any person or entity, (iii) result in the
creation of any encumbrance on any Shares or (iv) in relation to the Shareholder that is not a natural person, conflict with or result
in a breach of or constitute a default under any provision of such Shareholder&rsquo;s governing documents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">(b) As
of the date of this Agreement, the Shareholders beneficially own 762,724 Ordinary Shares, par value NIS 48.00, of Check-Cap, pursuant
to the Coordination Agreement, and have the sole power (as currently in effect) to vote and right, power and authority to sell, transfer
and deliver such Shares.&nbsp;As of the date hereof, the Shareholders do not currently have any right to acquire, any interest in any
other securities of Check-Cap (or any rights, options or other securities convertible into or exercisable or exchangeable (whether or
not convertible, exercisable or exchangeable immediately or only after the passage of time or the occurrence of a specified event) for
such securities or any obligations measured by the price or value of any securities of Check-Cap, including any swaps or other derivative
arrangements designed to produce economic benefits and risks that correspond to the ownership of any securities of Check-Cap, whether
or not any of the foregoing would give rise to beneficial ownership, and whether or not to be settled by delivery of any securities of
Check-Cap, payment of cash or by other consideration, and without regard to any short position under any such contract or arrangement).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in; background-color: white"></P>

<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">(c) Such
Shareholder has the power, authority and capacity to execute, deliver and perform this Agreement and this Agreement has been duly authorized,
executed and delivered by such Shareholder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 1in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">5. <U>Public
Announcement.</U> <FONT STYLE="background-color: white">Promptly following the execution of this Agreement, Check-Cap shall file with
the SEC a Form&nbsp;6-K&nbsp;reporting its entry into this Agreement, disclosing applicable items to conform to its obligations hereunder
and appending this Agreement as an exhibit thereto (the &ldquo;<U>Form&nbsp;6-K</U>&rdquo;). The Form&nbsp;6-K&nbsp;shall be consistent
with the terms of this Agreement. Check-Cap shall provide the Shareholders with a reasonable opportunity to review and comment on the
Form&nbsp;6-K&nbsp;prior to the filing with the SEC and consider in good faith any timely comments of the Shareholders. Promptly following
the execution of this Agreement, but in any event, no later than two business days following the execution of this Agreement, the Shareholders
shall file with the SEC an amendment to its Schedule 13D; in compliance with Section&nbsp;13 of the Exchange Act reporting its entry into
this Agreement, disclosing applicable items to conform to its obligations hereunder and including the terms of this Agreement and including
this Agreement as an exhibit thereto (the &ldquo;<U>Schedule 13D Amendment</U>&rdquo;). The Schedule 13D Amendment shall be consistent
with the terms of this Agreement. The Shareholders shall provide the Company with a reasonable opportunity to review the Schedule 13D
Amendment prior to it being filed with the SEC and consider in good faith any timely comments of the Company. During the Standstill Period,
neither Check-Cap nor the Shareholders shall make any public announcement or statement that is inconsistent with or contrary to the terms
of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">6. <U>Mutual
Non-Disparagement. </U>During the Standstill Period, neither party shall make any public statement about the other party, the other party&rsquo;s
current or former directors, officers or employees (including with respect to such persons&rsquo; service at the other party), the other
party&rsquo;s subsidiaries, or the business of the other party&rsquo;s subsidiaries or any of its or its subsidiaries&rsquo; current directors,
officers or employees, including the business and current or former directors, officers and employees of the other party&rsquo;s controlled
Affiliates, as applicable, that undermines, disparages or otherwise reflects detrimentally on the other party. The restrictions in this
Section 6 shall not (x) apply (i) in any compelled testimony or production of information, whether by legal process, subpoena or as part
of a response to a request for information from any governmental or regulatory authority with jurisdiction over the party from whom information
is sought, in each case, to the extent required, or (ii) to any disclosure that such party reasonably believes, after consultation with
outside counsel, to be legally required by applicable law, rules or regulations&#894; or (y) prohibit any party from reporting what it
reasonably believes, after consultation with outside counsel, to be violations of federal law or regulation to any governmental authority
pursuant to Section 21F of the Exchange Act or Rule 21F promulgated thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">7. <U>Termination</U>.
Notwithstanding anything in this Agreement to the contrary, this Agreement and the obligations of the Shareholders under this Agreement
shall automatically terminate upon the earliest of (a) the Merger Effective Time; (b) the termination of the BCA in accordance with its
terms and (c) the effective date of a written agreement of the parties hereto terminating this Agreement. Upon termination of this Agreement,
no party shall have any further obligations or liabilities under this Agreement;&nbsp;<U>provided</U>&nbsp;that&nbsp;<U>Section 8</U>&nbsp;shall
survive any such termination; and&nbsp;<U>provided</U>,&nbsp;<U>further</U>, that nothing in this&nbsp;<U>Section 7</U>&nbsp;shall relieve
any party of liability for any willful or material breach of this Agreement occurring prior to termination. The representations and warranties
contained in this Agreement and in any certificate or other writing delivered pursuant hereto shall not survive the Closing or the termination
of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white"></P>

<!-- Field: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">8. <U>Miscellaneous</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">(a) All
notices, requests, claims, demands and other communications hereunder shall be in writing and shall be given (and shall be deemed to have
been duly given upon receipt) by delivery in person, by e-mail or by registered or certified mail (postage prepaid, return receipt requested)
to the respective parties at the following addresses or e-mail addresses (or at such other address or email address for a party as shall
be specified in a notice given in accordance with this&nbsp;<U>Section 8(a)</U>):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">If to Check-Cap, to it at:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">Check-Cap Ltd.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">Check-Cap Building</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">29 Abba Hushi Avenue</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">P.O. Box 1271</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">Isfiya, 3009000, Israel</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">Attention: Paul Medeiros,
Chairman</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">Email:
checkcapchair@outlook.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">With a copy, which will
not constitute notice, to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">Paul Hastings LLP</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">200 Park Avenue</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">New York, NY 10166</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">Attention: Sean M. Donahue</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">Email: seandonahue@paulhastings.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">If to the Shareholders,
to it at:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">EquityLine Alternate Assets
GP Inc.<BR>
550 HWY 7 East, Suite 338</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">Richmond Hill, ON, L4B 3Z4</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">Attn: Sergiy Shchavyelyev,
CEO</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">Email: sergiy@equitylinemic.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">With a copy, which will
not constitute notice, to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">Cassels</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">Suite 3200, Bay Adelaide
Centre - North Tower</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">40 Temperance Street</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">Toronto ON M5H 0B4</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">Attention: Dr. Alison R. Manzer<BR>
Email: amanzer@cassels.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">(b) If
any term or other provision of this Agreement is invalid, illegal or incapable of being enforced by any rule of Law, or public policy,
all other conditions and provisions of this Agreement shall nevertheless remain in full force and effect so long as the economic or legal
substance of the transactions contemplated hereby is not affected in any manner materially adverse to any party. Upon such determination
that any term or other provision is invalid, illegal or incapable of being enforced, the parties hereto shall negotiate in good faith
to modify this Agreement so as to effect the original intent of the parties as closely as possible in a mutually acceptable manner in
order that the transactions contemplated hereby be consummated as originally contemplated to the fullest extent possible.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">(c) This
Agreement is intended to create, and creates, a contractual relationship and is not intended to create, and does not create, any agency,
partnership, joint venture or any like relationship between the parties hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">(d) This
Agreement constitutes the entire agreement among the parties with respect to the subject matter hereof and supersedes all prior agreements
and undertakings, both written and oral, among the parties, or any of them, with respect to the subject matter hereof. This Agreement
shall not be assigned (whether pursuant to a merger, by operation of Law or otherwise), by any party without the prior express written
consent of the other parties hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white"></P>

<!-- Field: Page; Sequence: 5; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">(e) This
Agreement shall be binding upon and inure solely to the benefit of each party hereto and their respective permitted assigns, and nothing
in this Agreement, express or implied, is intended to or shall confer upon any other person any right, benefit or remedy of any nature
whatsoever under or by reason of this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">(f) This
Agreement may not be amended, modified or supplemented in any manner, whether by course of conduct or otherwise, except by an instrument
in writing signed by each of the parties hereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">(g) The
parties hereto agree that irreparable damage would occur in the event any provision of this Agreement was not performed in accordance
with the terms hereof and that the parties shall be entitled to seek specific performance of the terms hereof, in addition to any other
remedy at Law or in equity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif">(h) This
Agreement shall be governed by, and construed in accordance with, the Laws of the Province of Ontario, regardless of the Laws that might
otherwise govern under applicable principles of conflicts of Laws; provided that the matters relating to any Check-Cap corporate matters
required to be governed by the Laws of Israel (including corporate approvals for this Agreement) shall be governed by the Laws of Israel.
In any action or proceeding between any of the Parties arising out of or relating to this Agreement or any of the Transactions, each of
the parties hereto: (i) irrevocably and unconditionally consents and submits to the exclusive jurisdiction of the Ontario Superior Court
of Justice in the Province of Ontario, (ii) agrees that all claims in respect of such action or proceeding shall be heard and determined
exclusively in accordance with clause (i) of this Section 8(h), (iii) waives any objection to laying venue in any such action or proceeding
in such courts, (iv) waives any objection that such courts are an inconvenient forum or do not have jurisdiction over any party hereto,
(v) agrees that service of process upon such party hereto in any such action or proceeding shall be effective if notice is given in accordance
with Section 8(a) of this Agreement and (vi) irrevocably waives the right to trial by jury. Notwithstanding the foregoing, with respect
to any action or proceeding arising out of this Agreement or any of the Transactions that primarily relates to Israeli Law matters, each
of the parties hereto (A) consents to submit itself to the personal jurisdiction of the courts of Tel-Aviv, Israel, and (B) agrees that
it will not attempt to deny or defeat such personal jurisdiction by motion or other request for leave from any such court. Each of the
Parties agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other jurisdictions by
suit on the judgment or in any other manner provided by applicable Law. Each party hereto irrevocably consents to service of process inside
or outside the territorial jurisdiction of the courts referred to in this Section 8(h) in the manner provided for notices in Section 8(a).
Nothing in this Agreement will affect the right of any Party to serve process in any other manner permitted by applicable Law</FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">(i) This
Agreement may be executed and delivered (including by facsimile or portable document format (.pdf) transmission) in counterparts, and
by the different parties hereto in separate counterparts, each of which when executed shall be deemed to be an original but all of which
taken together shall constitute one and the same agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">(j) The
Shareholders hereby authorize Check-Cap to publish and disclose in any announcement or disclosure required by the SEC such Shareholder&rsquo;s
identity and ownership of Shares and the nature of such Shareholder&rsquo;s obligations under this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">(k) Without
further consideration, each party hereto shall execute and deliver or cause to be executed and delivered such additional documents and
instruments and take such further action as may be reasonably necessary to consummate the transactions contemplated by this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">(l) Notwithstanding
anything herein to the contrary, each Shareholder signs this Agreement solely in such Shareholder&rsquo;s capacity as a shareholder of
Check-Cap, and not in any other capacity and, if applicable, this Agreement shall not limit or otherwise affect the actions of any representative,
affiliate, employee or designee of such Shareholder or any of its affiliates in his or her capacity as an officer or director of the Shareholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><I>[Signature pages follow]</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><I></I></P>

<!-- Field: Page; Sequence: 6; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">IN WITNESS WHEREOF, the parties have executed this
Agreement as of the date first written above.</P>

<P STYLE="text-indent: 0.25in; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left; direction:ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>CHECK-CAP LTD.</B></FONT></TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed; width: 6%">&nbsp;</TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed; width: 34%">&nbsp;</TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed; width: 60%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By: </FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left; direction: ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Paul Medeiros</FONT></TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;&nbsp; </FONT></TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Paul Medeiros</FONT></TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt; text-align: justify; direction: ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt; text-align: justify; direction: ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Board Chairman, Check-Cap Ltd.</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 3pt; text-align: justify; direction: ltr; unicode-bidi: embed">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in; text-align: left">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left; direction:ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>EQUITYLINE ALTERNATE ASSETS GP INC.</B></FONT></TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed; width: 6%">&nbsp;</TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed; width: 34%">&nbsp;</TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed; width: 60%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left; direction: ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Sergiy Shchavyelyev</FONT></TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sergiy Shchavyelyev</FONT></TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">President</FONT></TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left; direction:ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SERGIY SHCAVYELYEV</B></FONT></TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="border-bottom: Black 1.5pt solid; text-align: left; direction:ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Sergiy Shchavyelyev</FONT></TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left; direction: ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>[Insert other parties to Coordination Agreement]</B></FONT></TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed; width: 6%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt solid; text-align: left; direction: ltr; unicode-bidi: embed; width: 34%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed; width: 60%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD>
    <TD STYLE="text-align: left; direction: ltr; unicode-bidi: embed">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">7</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 0pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
