| Whereas: | The      Landlord declares and undertakes that it is the lawfully registered owner      of the property known as parcel 337 in block 6518 (hereinafter: the      “Defined Area”) which is located at 10 Hamada Street in the Industrial      Zone Herzliyia Pituach all as appearing in the map attached to this      agreement as Appendix “A”. |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| And      whereas: | The      Landlord declares that a Structure of 5 floors in the area of      approximately 8200 square meters known as the “Eastern Structure” as      appearing in the map (Appendix) (hereinafter: the “Structure”) was      lawfully constructed in the Defined Area, which includes inter alia the      Leased Property as definedhereafter; |
|-------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| And      whereas: | The      Landlord has the exclusive right to lease the Leased Property to the      Tenant; |
|-------------------|--------------------------------------------------------------------------------------------|

| And      whereas: | The      Tenant wishes to lease from the Landlord the Leased Property as defined      hereafter, for the purposes of the lease as defined hereafter; and the      Landlord wishes to lease the Leased Property as defined hereafter, to the      Tenant, all in accordance with the terms of the lease hereafter in this      agreement. |
|-------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1. | General |
|----|---------|

|   | 1.1 | The      preamble of this agreement constitutes an integral part      hereof. |
|--------|-----|-------------------------------------------------------------------------------|

----

|   | 1.2 | This      lease agreement includes the map – Appendix A, the plan of the Leased      Property- Appendix B, land extract- Appendix B1, building permit for the      additions and changes in the Structure that was given to the Landlord on      the 6th      of June 2007 whose number is 20070205 and, permit number 20090126, that      constitutes a plan of changes to the building permit whose umber is      20070205 and a permit of changes and use which deviates from industry and      commerce that was given to the Landlord on the 31st      of August 2008 whose number 20080150 – jointly and separately, Appendix      B2; the regulations of the urban zoning plan that applies to the Structure      – Appendix B3, an Appendix that specifies of the technical casing –      Appendix C, insurance Appendix – Appendix D, electricity Appendix –      Appendix E, promissory note – Appendix F, parking lot management Appendix      – Appendix G, triangle agreement Appendix – Appendix H. Specifications of      the Tenant’s Works that were approved by the Landlord – Appendix I, the      architectural planning instructions that were approved by the Landlord –      Appendix J; work plans that were approved by the Landlord – Appendix K,      sign Appendix – Appendix L. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | Titles and      Interpretation: |
|----|---------------------------------|

|   | 2.1 | “the      Leased Property” – part of the “Structure”, as defined above, in the area      of approximately 3988 square meters, located on the 3rd      and 4th      floors, and part of the 5th      floor, according to the specifications hereafter: 3rd      floor – in the area of approximately 1,660 square meters (hereinafter:      “3rd      Floor”) 4th      floor- in an area of approximately 488 square meters (hereinafter: 5th      Floor”) all as marked by the color yellow in Appendix B above, and which      shall exclusively serve the Tenant (hereinafter and together – the “Leased      Property”). |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2.2 | The      “Building Permit” – building permit no. 20070205 and changes permit no.      20080150 and no. 20090126 that was given to the Structure for performing      additions and changes whose copy is attached hereto as Appendix      B2. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2.3 | “The      Date of Delivering the Leased Property to the Tenant for Performing the      Works” – within 7 days from the date of signing this      agreement. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | 2.4 | The      “Delivery Date” or the “Delivery Date of Possession” – 1st      of April 2010 or the occupancy date in actual fact whichever is the      earlier. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2.5 | The      “Supervisor” – Any person from the Supervision Office, and this is      according to the sole decision of theLandlord. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2.6 | “Supervisor      on Behalf of the Tenant” Any person on behalf of the    Tenant. |
|--------|-----|----------------------------------------------------------------------------------------------|

|   | 2.7 | The      “Tenant’s Architect or the Project Manger on behalf of the Tenant” – Mr.      Itzhak Netzer, or any other person or corporation which shall be appointed      by the Tenant. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2.8 | “Specifications      of the Tenant’s Works” – technical specifications that was prepared by the      Tenant, for adjusting the Leased Property, according to which the Leased      Property and all of its parts will be adjusted to the requirements and the      purposes of the Tenant (including all the different systems: air      conditioning, sanitation, fire extinguishing systems etc..) that is      attached as Appendix I of theagreement. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 2.9 | “Details      of the Contents” – all the equipment, the installations and the other      equipment and items of any type or kind that the Tenant shall assemble      and/or place in the Leased Property or in any part of it according to the      specifications of the Tenant’sWorks. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 2.10 | “Layout”      or “Architectural Design Instructions” – general instructions for      designing the internal construction of the Leased Property that shall be      prepared by the Tenant’s Architect that include an architectural plan of      the Leased Property based on the plans of the Leased Property (Appendix B)      which shall be prepared by the Tenant and after the Landlord’s approval it      shall be attached as Appendix J of the  agreement. |
|--|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 2.11 | “Work      Plans” or “Detailed Work Plans” – work plans for executing the adjustment      work of the Leased Property, that shall be prepared by an architect on      behalf of the Tenant, and the other consultants of the Tenant which shall      be attached as Appendix K of the  agreement. |
|--|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 2.12 | The      “Tenant’s works” – all the adjustment works for the Leased Property for      the purpose of the lease, in according to the specifications of the      Tenant’s Works and the details of the contents, and subject to any changes      and/or amendments that shall be done in them according to this      agreement. |
|--|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 3. | Declarations and      Undertakings of the Landlord |
|----|----------------------------------------------------|

|   | 3.1 | It      is the registered owner of the Leased Property and the owner of all the      rights in it; it is entitled to enter into this agreement with the Tenant;      it is entitled and it can deliver the possession in the Leased Property to      the Tenant at the Date of Delivering the Leased Property to the Tenant for      Performing the Work, and on the Delivery Date, and that at the signing of      this agreement there is no existing claim and/or demand of a third party      against it, including any permission against its right in the Leased      Property and/or any restriction of any kind and/or any other thing that      prevents the entering into this agreement and/or the performance of this      agreement by it: The Landlord has the exclusive right to lease the Leased      Property to the Tenant and the Tenant and the Landlord shall not prevent      and shall not disturb the Tenant to perform the Tenant’s works subject to      the existence of the Tenant’s undertakings to furnish the approvals      required by it as specified in thisagreement. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3.2 | At      the date of signing this agreement, its rights in the Leased Property are      clear and free from any debt, pledge, mortgage, lien or other or      additional third party rights, and insofar as it shall pledge its rights      in the land it shall furnish the Tenant an approval signed by the pledge      owner regarding his knowledge and approval of the transaction of the      parties in this agreement and in the event of the realization of the      pledge/mortgage, the Tenant’s rights according to this agreement shall not      be harmed. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3.3 | The      Landlord declares that to the best of its knowledge there is nothing      preventing it under law, including according to the urban zoning plan to      use the Leased Property for the purpose of the  lease. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3.4 | It      is not prevented whether according to law or whether according to      agreement and whether otherwise from signing the lease agreement and      performing all of its undertakings according to it, and its signature on      this agreement as mentioned and the performance of its undertakings is not      a breach of any undertaking towards third  parties. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 3.5 | The      breach of the Landlord’s declarations according to this section, shall      constitute a fundamental breach of the lease agreement with all that      entails pursuant to the lease agreement and according to any      law. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 4. | The Lease and its      Period |
|----|-------------------------------|

| 5. | Receipt of the Leased      Property |
|----|-------------------------------------|

|   | 5.1 | It      is known to the parties that the building is an existing building, and the      Landlord told the Tenant that the building went through renovations by the      Landlord. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 5.2 | The      Landlord received all the approvals that apply according to law as the      owner of the Structure and which are required as a condition for using the      Leased Property and occupying it, and he shall furnish them to the Tenant      at his request and/or at the request of any authority that shall require      this from the Tenant. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 5.3 | The      parking lot shall be lawfully built and completed (tofes 4 according to      law). |
|--------|-----|---------------------------------------------------------------------------------------------|

|   | 5.4 | Without      this imposing any liability on the Landlord, the Landlord shall cooperate      and help the Tenant in respect to the performance of the work and/or the      receipt of any approval in respect to the Leased Property. If assistance      shall be required for the Tenant from the Landlord, the Landlord shall      assist the Tenant according to the Tenant’s  request. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | 5.5 | If      any of the authorized authorities shall turn to the Tenant, as a condition      to operate the Leased Property and/or during the lease period, with a      demand to receive an approval required according to law which without it      use shall be prevented in the Leased Property for the purpose of the      lease, which is not connected and/or dependant on the Tenant and/or does      not arise from the possession of the Tenant of the Leased Property, then      the Landlord shall act to furnish to the Tenant and/or the authorities the      approval or it shall arrange this opposite the relevant authorities. If      and as a result of the absence of an approval (only) as mentioned the      Tenant shall be prevented from operating his business in the Leased      Property and the Tenant shall be forced to vacate the Leased Property,      according to the requirement of the authorized authorities, the absence of      the approval shall constitute a fundamental breach of the      agreement. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 5.6 | Near      the date of the delivery of possession, the Landlord shall deliver to the      Municipality of Herziliyia a notice regarding the existence of this      agreement and delivering the Leased Property to the Tenant for performing      the work, however it is agreed that the Tenant shall bear payment of      municipal taxes only starting from the delivery date as defined in section      2.4 above. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 5.7 | The      Landlord undertakes that on the delivery date and for the entire period of      the lease, they shall operate central sewage systems, central air      conditioning systems and elevators, and the Leased Property shall receive      routine supply of electricity and water at end points in accordance with      the technical specifications (hereinafter: the “Systems”) and the Tenant      shall have at all times free and continuous access to the Structure and      the Leased Property and reasonable use shall be able to be made of the      Leased Property in accordance with the purposes of the    lease. |
|--|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 5.8 | The      Landlord shall be solely responsible to obtain a form 4 (tofes 4) and a      completion certificate for the Leased Property, insofar as these shall be      required by the authorities and the Landlord shall be responsible for      fulfilling his undertakings according to this agreement, in a manner that      will not prevent and/or restrict the Tenant from obtaining a business      permit which is required for the Tenant for its actions in the Leased      Property in accordance with the purposes of the lease, insofar as this is      required. It is clarified that nothing in this section above can derogate      from the Tenant’s responsibility to obtain all the permits required for      obtaining a business license (insofar as this is required) that are      dependant on him only, except those permits that are derived from the      Landlord and/or the Structure and/or the project, as specified      above. |
|--|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | 5.9 | The      completion work shall be performed by the Tenant as specified in section      6.2 hereafter. |
|--------|-----|-------------------------------------------------------------------------------------------------------|

|  | 5.10 | In      order to eliminate doubt the Tenant declares that it was brought to his      knowledge that at the time of delivering the Leased Property the Landlord      shall and/or other Tenants shall still be performing the completing works      in the Structure and/or in the other leased properties in the Structure      and the Tenant shall not have any claim and/or lawsuit towards the      Landlord in this matter, subject to allowing the Tenant the possibility of      continuing and/or beginning to perform the work in the Leased Property in      accordance with the provisions of this agreement and/or to use the Leased      Property for the purposes of the lese in a reasonable manner, and full      access shall be given to his customers, and convenient and safe access      shall be made possible to and from the Leased Property and the parking      lot. In light of the Tenant’s purpose of the lease the Landlord undertakes      to take the Tenant and his employees into consideration and allow him to      work without any disturbance, as much as possible. In respect to this      section the provisions of section 32 shall apply  hereafter. |
|--|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6. | The Leased Property –      Technical Description and Changes and Performance of      Work |
|----|-------------------------------------------------------------------------------------------------|

|   | 6.1 | At      the time of delivering the Leased Property to the Tenant for performing      the work (in other words within 7 days from the date of signing this      agreement), the Landlord shall deliver to the Tenant at the level of the      casing according to the technical specifications attached hereto as      Appendix C, when it is clear and empty from any person and/or object that      belongs to him, and he shall deliver the keys of the Leased Property to      the Tenant for performing the adjustment works of the Leased Property for      the purposes of the Tenant. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 6.2 | It      is known and agreed by the parties that completion works are required in      the Leased Property (hereinafter: the “Completion Works”) and it was      agreed that the Tenant shall perform them after the date of delivering the      Leased Property to the Tenant. Accordingly the Landlord agrees that the      Tenant shall be given permission to perform the completion works in the      Leased Property in the followingmanner: |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  |  6.2.1 | The      Tenant shall submit to the Tenant a detailed request to perform the      completion works and the Landlord shall notify him in writing not later      than 7 (seven) days from the date of submitting this request which      amendments or changes are required in the Tenant’s request to perform the      completion works. The Landlord’s comments to the request shall be for      reasonable reasons in the circumstances of the matter. The Landlord shall      deliver his comments (if such shall exist) to the Tenant within these 7      days. |
|--|-------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | 6.2.2 | The      Tenant shall consult with a plumbing consultant in respect to sprinklers,      and fire extinguishing pipes in the Leased Property, a construction      consultant (if needed) and the Landlord’s safety consultant or other      consultants according to the discretion of the Tenant. It is hereby agreed      that an unreasonable demand for fees of these consultants shall be brought      before the Supervisor for a ruling (and the Landlord hereby confirms that      the Supervisor’s ruling shall bind any consultant as      mentioned). |
|--|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 6.2.3 | Signature      on a triangle agreement, in the version attached as Appendix      E. |
|--|-------|-------------------------------------------------------------------------------------|

|  | 6.2.4 | The      Tenant undertakes to take out and maintain insurance policies as specified      in the insurance Appendix – Appendix D and this is starting from the date      of delivering the Leased Property to the  Tenant. |
|--|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 6.2.5 | Notwithstanding      the aforesaid, the parties agree that the Landlord shall bear the cost of      performing the internal completion additions and completions beyond the      technical specifications and this is up to the amount of 7,353,000 NIS      (with respect to all of the Leased Property that constitutes the 3rd      and 4th      floors and part of the 5th      floor) with additional Vat under law (hereinafter: the “Completion      Additions” and the “Work Budget”, respectively). Beyond this amount , the      Completion Additions shall be financed by the Tenant. In order to      eliminate doubt: 1) the Completion Work shall not include moveable      furniture, specific equipment of the Tenant (such as projectors, computers      etc..) and objects of art and 2) all the items that shall be included in      the completion work shall be owned by the Landlord and shall remain in the      Leased Property at the end of the lease  period. |
|--|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 6.2.6 | In      addition an amount of up to 490,000 NIS shall be provided to the Tenant      for performing the adjustment works in the casing of the Structure (for      adjustments of flooring, building bathrooms, entrance doors into the      Leased Property, conduction of electricity and ventilation to the      kitchenettes and the cleaning of ceilings). The Work Budget shall be      provided to the Tenant in accordance with the contractors’ invoices of the      suppliers that shall be given to the Landlord with an approval of the      Supervisor on behalf of the Tenant. The Work Budget shall be paid at the      payments terms of current month + 30days. |
|--|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | 6.3 | The      Tenant shall be responsible for receiving any permit insofar as shall be      required according to any law for performing the completion works      mentioned in section 6.2 above only and payment for it, if required,      whether imposed on the Tenant and whether imposed on the Landlord and the      Landlord shall sign at the Tenant’s request the required documents for      this as the owners of the Structure provided this shall not impose any      responsibility and/or obligation. In order to eliminate doubt it is      clarified that this cannot derogate from the Landlord’s responsibility to      obtain the permits that apply to him according to this      agreement. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 6.4 | The      Tenant shall be responsible according to any law for any bodily harm      and/or damage to property of any type or kind that shall be caused to any      person and/or Leased Property and/or their contents as a result and/or in      respect to the completion works including for damages that were caused      and/or occurred as a result of a negligent act and/or omission of the      Tenant and/or of anyone on his behalf, except for damages that were caused      and/or that occurred as a result of a negligent act and/or omission of the      Landlord and/or anyone on his behalf. The Tenant and/or anyone on his      behalf shall insure the performance of the completion work by all the      required insurance policies as specified in the triangle agreement      attached hereto as Appendix H of thisagreement. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 6.5 | It      is hereby clarified that any delay of the delivery date which is proven to      be originated by the Tenant and/or which is the result of the completion      work as mentioned in sub-section 6.2 above, but subject to circumstances      of “force majeure” as defined hereafter shall not cause a change in the      delivery date regarding the commencement date of executing the payments      that apply to the Tenant, including the payment of rent, management fees,      parking fees all in accordance with the lease  agreement. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 6.6 | Parallel Works –      Canceled |
|--|-----|--------------------------------------|

----

|   | 6.7    | (A)    | In      order to eliminate doubt and without derogating from the provisions in      this agreement hereafter, it is agreed that any completion or addition      that shall be made to the Leased Property within the framework of      performing the completion works, as mentioned in sub- section 6.2 above,      shall be the sole property of the Landlord and subject to the aforesaid in      section 6.7 (c) hereafter, the Tenant shall not be entitled to demand and      receive any consideration for them from the Landlord. Furthermore the      Tenant shall not be entitled to make any changes in them without the      consent of the Landlord                                                                                                                                                                                                                                                                                                                                                                           |
|--------|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   |   | (B)    | Subject      to the aforesaid in section 6.7 (c) hereafter, the parties agreement that      any completion or addition that shall be made in the Leased Property      within the completion works, as mentioned in sub- section 6.2 above, shall      be the Landlord’s property and this is if the addition or the change      answer the definition of fixed items as defined in the Property Law –      1969.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   |   | (C)    | If      the change or the addition do not answer the definition of fixed items,      such as equipment, devices, furniture etc. that the Tenant brought and/or      placed in the Leased Property (hereinafter: the “Equipment”) they shall be      considered the Tenant’s property, and the Tenant shall be required at the      tend of the lease period to remove them, unless the Landlord agreed to      leave them. At the end of the lease period the Tenant shall return the      Leased Property to the Landlord in the condition in which it was at the      beginning of the lease period, except for reasonable wear and tear in the      circumstances of the transaction under this agreement. The Tenant shall do      his best, that during and as a result of dismantling the equipment and its      removal from the Leased Property damage shall not be caused to the      Structure of the Leased Property, and if material damage shall be caused      he shall take care of repairing the damage. |
|   |   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|   |   | (D)    | In      order to eliminate doubt in any event where the Tenant shall not remove      the Equipment as defined above, he shall not be entitled to demand and      receive from the Landlord any consideration for  them.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

|   | 6.8 | In      order to eliminate doubt and without derogating from the generality of the      aforesaid and the provisions hereafter, it is hereby clarified that any      installation or change and/or addition to the curtains and/or shades      and/or flags and/or blinds that shall be made in the Leased Property which      affect the appearance of the Structure and/or the Leased Property, must      receive the approval of the Landlord’s  architect. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7. |  The Purpose of the      Lease |
|----|-------------------------------------|

|   | The      purpose of the lease is for managing and operating a business of      developing and manufacturing software including for performing actions of      different types in the field of high technology and associated fields and      any other action connected to the day to day activities of the Tenant      and/or or another purpose in respect to which he shall notify the Landlord      in advance and in writing, provided that it shall comply with the urban      zoning plan, except for commerce and except  if the activities      shall contradict previous undertakings of the Landlord towards other      Tenants, insofar as shall exist (hereinafter the “Purpose of the Lease”).      The Tenant undertakes to use the Leased Property only for the purpose of      the lease unless it was otherwise agreed between the parties in advance      and in writing. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 8. | Rent |
|----|------|

|   | 8.1 | The      monthly rent which shall be paid for the lease period shall be as      follows: |
|--------|-----|------------------------------------------------------------------------------------------|

|  | 8.1.1 | For      the Leased Property – the amount of 295,112 NIS (two hundred ninety five      thousand and one hundred and twelve new shekels) (calculated according to      74 NIS per square meter for the office areas on the 3rd      and 4th      floors and part of the 5th      floor and which include management fees (hereinafter: the “Basic      Rent”). |
|--|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 8.1.2 | Parking      – as specified in section 14Ahereafter. |
|--|-------|------------------------------------------------------------|

|  | 8.1.3 | Management      and maintenance fees for the Leased Property – as mentioned in section 20      hereafter are included in the Basic Rent specified in section 8.1.1      above. |
|--|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 8.1.4 | Payments      for electricity – as specified in the electricity Appendix (Appendix      E). |
|--|-------|---------------------------------------------------------------------------------------------------|

|  | 8.1.5 | Canceled. |
|--|-------|-----------|

|   | 8.2 | In      order to eliminate doubt, the rent was determined in an agreed amount that      is not subject to the measuring of the Leased  Property. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8.3 | The      rent shall bear additional linkage differences to the consumer price index      as specified in section 11 hereafter (the – “Basic  Rent”). |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 8.4 | The      Tenant undertakes to pay the Landlord the rent, with additional linkage      differences and additional value added tax, during the entire lease      period, subject to the provisions of this agreement, in the following      manner: |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 8.4.1 | The      rent shall be paid each quarter, for each quarter in advance, and this is      on the 14th      day from the beginning of the relevant quarter of the entire period. If      this date is not a business day,, the payment date shall be postponed to      the first business day after this date, without taking into account      changes in the index. |
|--|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | 8.4.2 | The      payment of rent shall be executed by a bank transfer from the Tenant’s      account to the Landlord’s account or by a regular check, according to the      Tenant’s discretion. |
|--|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 8.4.3 | The      payment of rent shall be updated as specified in section    11. |
|--|-------|--------------------------------------------------------------------------|

|  | 8.4.4 | The      Tenant hereby waives the need, if there is such a need, for an advance      notice or demand for the payment ofrent. |
|--|-------|-------------------------------------------------------------------------------------------------------------------------------|

|   | 8.5 | It      is known to the Landlord that a condition to the Basic Rent is the      presentation of a certificate from the tax authorities or an accountant or      tax consultant, confirmation for the entire fiscal year, of bookkeeping      subject to the Law of Transactions of Public Bodies (Bookkeeping      Enforcement) – 1976. Furthermore against and as a condition to any payment      that shall be paid by the Tenant the Landlord shall furnish the Tenant a      tax invoice under law. In order to eliminate doubt, the amount of value      added tax shall not pass to the Landlord unless it is against the      furnishing of the certificates asmentioned. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9. | Deleted. |
|----|----------|

| 10. | Tenancy Protection      Laws Do Not Apply |
|-----|-------------------------------------------|

|  | 10.1 | The      tenancy protection laws according to the Tenancy Protection Law      (Consolidated Version) – 1972 or according to any other law, do not apply      to this lease. |
|--|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 10.2 | No      key money or any other consideration has been paid to the Landlord,      directly or indirectly for granting this  lease. |
|--|------|-----------------------------------------------------------------------------------------------------------------------------------|

|  | 10.3 | At      the date of the beginning of this lease period there was no Tenant in the      Leased Property that is entitled to hold it under    law. |
|--|------|--------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 11. | Linkage |
|-----|---------|

|  | 11.1 | For      the purposes of this leaseagreement: |
|--|------|-----------------------------------------------|

|  | 11.2 | The      Basic Index shall be linked to changes in the index (as defined above) and      provided that they shall not be less than the Basic Rent. If on the      payment date of any part of the rent (hereinafter – the “Determined Date”)      the index that was recently published, before the Determined Date      (hereinafter: the “New Index”) is higher than the basic index, the Tenant      hereby undertakes to pay the Landlord these Basic Rent payments when they      are increased or reduced relative to the amount of increase or decrease of      the New Index as opposed to the last basic index previous to it provided      the payment shall not be less than the basic  index. |
|--|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 11.3 | For      the calculation of the increase in the index, the payment date shall be      considered the date on which the payment of rent was paid in practice. If      the payment was executed by check, provided it was given by the Tenant to      the Landlord at least one day before the publishing date of the index.      However, it is hereby explicitly emphasized that this is not a waiver or      consent by the Landlord of the Tenant’s obligation to pay the rent at the      agreed times and of the remedies available to the Landlord in the event      they are not paid on time. |
|--|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 11.4 | The      Tenant hereby undertakes to pay the Landlord the linkage difference, if an      insofar as it shall exist, once per quarter together with the      rent. |
|--|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 11.5 | The      linkage difference shall be considered as rent for all intents and      purposes. |
|--|------|--------------------------------------------------------------------------------------------|

|  | 11.6 | The      Tenant has the right to pay the rent in advance for any part of the lease      period and in this case the linkage of these amounts shall apply until its      actual payment. |
|--|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 12. | Adjustment, Use,      Obtaining Permits and Observance ofLaws |
|-----|---------------------------------------------------------------|

|  | 12.1 | The      Tenant declares that he is aware and it is possible that after the      delivery date additional work shall be performed in the Structure      (renovations and the construction of additional floors) whether by the      Landlord and whether by any third parties and the Tenant shall not object      and shall not disturb in any manner to the performance of the renovation      and construction work by the Landlord and/or any third parties, provided      the work shall be performed in the minimal possible inconvenience and in a      manner that in any event there shall be free, full and continuous access      to the Structure and all the areas of the Leased Property all subject to      the provisions of section 32hereafter. |
|--|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 12.2 | The      Tenant undertakes to use the Leased Property only for the purpose of the      lease mentioned in section 7 above and not for any other purpose unless      otherwise agreed between the parties in writing in      advance. |
|--|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 12.3 | The      Tenant undertakes to do everything necessary and which depends on him      only, in order to obtain all of the permits required, if and insofar as      required according to the law for using the Leased Property or any part of      its, for managing his business in the Leased Property, and to act      according to them provided that there is nothing preventing this due to      the failure of the Landlord to meet his obligations, including the      furnishing of a form 4 (tofes 4) and completion certificate, insofar as      shall be required by theauthorities. |
|--|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 12.4 | In      order to remove any doubt the Tenant declares that subject to the      fulfillment of the Landlord’s undertakings in respect to the obtaining of      the form 4, and obtaining a completion certificate for the Leased Property      and the project, insofar as shall be required by the authorities he is      aware that the Landlord shall not bear any responsibility for obtaining      any permits that shall be required for managing the Tenant’s business in      the Leased Property or adjusting the Leased Property according to the      provision of any authorized authority for giving this permit. The Landlord      shall sign any document on which the signature of the owners is required      for obtaining such permit as mentioned, within 7 (seven) days from the      date the Tenant and/or anyone on his behalf requested this, insofar as the      document does not contradict the provisions of this agreement and he shall      cooperate with the Tenant in the proceedings for obtaining the permits      without this imposing on him any liability and/or    undertaking. |
|--|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 12.5 | The      Tenant undertakes to observe any law and to act in accordance with the      provisions of any permit that applies to the Leased Property and/or any      part of it, and to prevent from committing any action or omission that      could impose on the Landlord any liability towards any person or property      provided that there is nothing preventing this due to the failure of the      Landlord to fulfill his undertakings under this agreement and/or to      furnish the form 4 and completion certificate insofar as required by the      authorities as mentioned in section 12.4  above. |
|--|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | 12.6 | The      Landlord declares that he is the legally registered owner of the Leased      Property in the land registration office, and that he is entitled to lease      the Leased Property to the Tenant in accordance with the purposes of the      lease as defined in this agreement, and that there is nothing prevent him      according to any law, agreement or any previous undertaking of the      Landlord to lease the Leased Property to the  Tenant. |
|--|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13. | The Transfer of      Rights |
|-----|-----------------------------|

|  | 13.1 | The      Tenant undertakes not to deliver and/or transfer and/or lease and/or      assign and/or endorse and/or pledge his rights according to this agreement      in any manner or way and not to permit and third party to use and/or      possess the Leased Property or any part of it and not to allow any third      party participate in its possession or use or benefit from it in any      manner whatsoever, not even as an authorized party or as a concessionaire,      whether directly or indirectly, whether for consideration or without      consideration, unless he received the explicit prior written approval of      the Landlord to this, who shall not withhold his consent unless it is for      reasonable reasons only all without derogating from the provisions of      sections 13.2 – 13.3hereafter. |
|--|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 13.2 | Notwithstanding      the aforesaid in section 13.1 above, the Tenant shall be entitled, at any      time, to assign all of his rights and obligations according to this      agreement, to another lessee who shall take his place (hereinafter: the      “Substitute Lessee”) under the followingterms: |
|--|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 13.2.1 | The      identity of the other lessee was approved in advance and in writing by the      Landlord according to the Landlord’s sole discretion. The Landlord      undertakes not to adversely use his right to approve or refuse to approve      the identity of the Substitute Lessee, to exercise this right in good      faith, and he shall not refuse to approve the Substitute Lessee unless      such objection is for reasonable reasons. The Substitute Lessee shall      furnish securities to the Landlord in the amount of the securities      provided by the Tenant according to this agreement. Nothing in the      aforesaid, can prevent the Landlord from demanding that the security to be      furnished by the Substitute Lessee shall be a bank guarantee in place of a      promissory note that the Tenant shall  furnish. |
|--|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | 13.2.2 | The      Landlord shall not be obligated to invest money and/or work for adjusting      the Leased Property to the other Lessee’s needs. If necessary the Tenant      shall have the right to bear the adjustment costs for adjusting the Leased      Property for the Substitute Lessee, insofar as they shall be      necessary. |
|--|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 13.2.3 | The      Substitute Lessee agrees to accept the terms specified in this agreement      word for word and he shall sign an identical version of this agreement      with the necessary adjustments,  respectively. |
|--|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 13.2.4 | At      the signing of the lease between the Landlord and the Substitute Lessee,      the lease period shall end according to this agreement between the      Landlord and the Tenant provided that the Substitute Less shall be      responsible from the assignment date for fulfilling all of the Tenant’s      undertakings according to this agreement from that moment      onward. |
|--|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 13.2.5 | Without      derogating from the aforesaid in sub section 13.2.4 above, it is hereby      clarified that the assignment of the Tenant’s rights to the Substitute      Lessee cannot derogate in any manner whatsoever from the parties’      undertakings according to the agreement until the assignment date and/or      cannot derogate and/or constitute a waiver of any of the parties of any      claim and/or right of any of them according to this agreement and/or      according to any law. |
|--|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 13.3 | Notwithstanding      the aforesaid in section 13.1 above it is agreement that the Tenant shall      be entitled, at any time, to allow a Sub-Tenant on his behalf      (hereinafter: “Sub-Tenant”) to use the Leased Property all or in part and      provided that the following terms have been  fulfilled: |
|--|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 13.3.1 | The      Landlord gave his agreement to the Sub-Tenant in writing. In order to      eliminate doubt the Landlord undertakes not to adversely exercise his      right to approve or refuse to approve the identity of the Sub-Tenant, to      exercise his right in good faith, and not to refuse to approve the      Sub-Tenant unless it is for reasonable reasons  only. |
|--|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 13.3.2 | The      agreement with the Sub-Tenant shall be by a time schedule that shall not      be longer than the time schedule in this agreement and without giving to      the Sub-Tenant any right of priority over the Tenant’s rights according to      this agreement, unless the Landlord approved this in advance and in      writing. |
|--|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 13.3.3 | The      Sub-Tenant shall undertake to fulfill all the undertakings of the Tenant      according to this agreement, with respect to the same part in the Leased      Property ( or the entire Leased Property ) which he shall lease from the      Tenant provided that the Tenant shall remain responsible towards the      Landlord for fulfilling his rights and/or the Sub-Tenant’s rights under      this agreement. |
|--|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | 13.4 | The      Landlord shall be entitled to deliver and/or transfer and/or assign and/or      endorse and/or mortgage and/or pledge all of his rights and/or obligations      according to this agreement, in the Leased Property, in any manner or way      whatsoever, without any restriction and without any need to receive the      Tenant’s consent, subject to the transferee signing in place of the      Landlord on this agreement and taking upon himself all of the Landlord’s      undertakings towards the Tenant, when the Tenant’s rights according to      this agreement will not beharmed. |
|--|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 13.5 | The      Tenant undertakes that in any case where he shall be required to sign any      document or note that shall be required for transferring the Landlord’s      rights to any third party, he shall sign any document or note as mentioned      near the time that he was given the document by the Landlord provided that      this signature as mentioned shall not impose on the Tenant any additional      obligation, beyond the obligations that apply to him according to the      provisions of this agreement and that such transfer as mentioned shall be      in accordance to the provisions in section 13.4    above. |
|--|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14. | Changes in the Leased      Property – After Delivering the Leased Property to the      Tenant |
|-----|-----------------------------------------------------------------------------------------------------|

|  | 14.1 | The      Tenant undertakes not to perform and not to allow another to perform any      internal and/or external change in the Leased Property and/or not to add      any addition and/or not to demolish any part of the Leased Property and/or      any of its installations and not to allow anyone to make any changes      and/or repairs and/or additions and/or demolitions (hereinafter: the      “Changes”) and this is except for light changes such as color change of      internal partitions and/or changes which are not permanently fixed to the      Leased Property, and except for small internal changes such as hanging      pictures, drilling holes, changing the location of the partitions, open      space etc.. (for which the Landlord’s approval is not required) without      receiving the Landlord’s prior written consent. The Landlord undertakes      not to adversely exercise this right and to exercise this right in good      faith, and that he shall not refuse to approve changes unless it is for      reasonable reasons only. |
|--|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | 14.2 | If      the Landlord agreed to the Tenant’s request to put changes in the Leased      Property, and the changes shall include adding “fixed” items as defined in      the Property Law – 1969, the fixed items shall be the property of the      Landlord when vacating the Leased Property and the Tenant shall not be      entitled to remove them from the Leased Property or to restore the Leased      Property to its state before the changes were made, unless the Landlord      shall notify the Tenant in advance and in writing of his demand to have      the Leased Property restored to its state before the changes were made. In      respect to this section, the provisions of section 6.7 shall apply mutatis      mutandis. |
|--|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14. | (A) | Parking      Lots |
|-----|-----|-------------------|

|   | 14.1   | (A)    | If      it was brought to the knowledge of the Tenant that the Landlord and/or      anyone on his behalf is operating an underground parking lot in the      Structure, all as specified in Appendix G of this agreement and, subject      to the provisions of this section hereafter: |
|--------|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |   |                                                                                                                                                                                                                                                                                    |
|   |   |   | The      parties agree that the Tenant shall have the right to lease marked parking      spaces and entrance rights to the parking lot as defined hereafter, and      this is at the prices stipulated in sections 14.2.1A – 14.2.3A      hereafter.                              |

|   | 14.2 | (A) | The      parties agree that the Tenant shall have the right to lease marked parking      spaces and entrance rights as defined hereafter, and this is at the terms      and prices stipulated hereafter: |
|--------|------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |  14.2.1 | (A) | For      the entry right into the parking lot on the basis of a vacancies, in the      underground parking lot, and without the Tenant having the right to a      certain place (but subject to the provision in sub- section 14.2.4 and      14.2.5 hereafter) (hereinafter: “Entry Right into the Underground Parking      Lots”), the amount of 500 NIS, with additional Vat under law, for every      Entry Right into the Parking Lot permonth. |
|--------|--------------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |  14.2.2. | (A) | For      marked ground floor parking at the back side of the Structure      (hereinafter: “Marked Ground Floor Parking”) the amount of 260 NIS, with      Vat under law, for each parking space permonth. |
|--------|---------------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |  14.2.3 | (A) | For      parking spaces that shall be intended for the sole use of the Tenant      and/or his employees, in the underground parking lot (hereinafter: “the      Marked Parking Spaces”) the amount of 640 NIS with additional Vat under      law, for each Entry Right into the parking lot per month. It is agreed      that these parking spaces shall be on floor -1 in the parking lot, insofar      as there shall be nothing preventing this by the local      authority. |
|--------|--------------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |  14.2.4 | (A) | It      is agreed that the payment for the Entry Right to the under underground      parking spaces and/or the ground floor parking spaces, includes all of the      payment for the parking, including municipal taxes, management fees and/or      any other payment, that exist at the signing of this agreement and/or that      shall be imposed in the future for using the  parking. |
|--------|--------------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | 14.2.5   (A) | Subject      to the provisions in this paragraph hereafter, up to 110 Entry Rights to      the underground parking lot out of which 10 parking places are marked, and      in addition to this 10 parking spaces in the ground floor parking lot -      shall be allocated to the Tenant for the entire duration of the lease, and      the realization of the quantity of parking spaces that shall be leased in      practice shall be done according to the needs of the Tenant by his notice      to the Landlord from time to time. Notwithstanding the aforesaid, the      Tenant shall have the right, at any time (including a number of times) to      return underground and/or ground floor parking spaces to the Landlord, at      the quantity and the location according to the Tenant’s decision. Upon the      return of the parking spaces as mentioned to the Landlord, the charge for      the returned parking spaces shall be immediately reduced provided the      quantity of underground parking spaces that the Tenant shall lease from      the Landlord shall not be less than 50 underground parking spaces, and      provided that the reduction of the number of parking spaces was the result      of a reduction of manpower of the Tenant. In such case as mentioned, the      Landlord’s undertaking to parking spaces shall be restricted to the      quantity of parking spaces that shall remain after this reduction, and      this is until the end of the leaseperiod. |
|--|-----------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 14.3   (A) | The      Landlord undertakes, that until the delivery date, the underground parking      lot shall be built and complete (legal form (tofes)  4). |
|--------|---------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 14.4   (A) | It      is agreed that the parking lot shall be open and accessible to the Tenant      24 hours a day from Sunday to Thursday and between the hours of 7:00 to      16:00 on Fridays and on the eve’s of holidays, an this is except for      holidays and days in respect to which different provisions shall be given.      In light of the expected activities of the Tenant in the Leased Property,      in cases where the parking lot shall be closed and insofar as this shall      be necessary for the Tenant the Landlord shall act in order to find an      alternative appropriate solution which is acceptable to the      Tenant. |
|--------|---------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 14.5   (A) | Deleted. |
|--------|---------------------------|----------|

|   | 14.6   (A) | It      is agreed between the parties that if the lease of the ground floor      parking places shall not be possible, then the Landlord shall give the      Tenant alternative parking places that shall be located in the underground      or ground floor parking lot which is situated at a distance which is no      more than the distance which exists between the existing ground floor      parking spaces and between the LeasedProperty. |
|--------|---------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  |        (B) | It      is agreed between the parties, that the Landlord shall be entitled during      the lease period, according to its sole discretion, to move the location      of the marked parking spaces  to any other place within the area      of the underground parking lot on a floor on which the parking spaces as      specified in section 14.2.3 (A) above are located, provided that in this      case, the alternative parking spaces shall be chosen by the Landlord      together with the Tenant. |
|--|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 14.7   (A) | The      parking fee for the parking spaces specified above (both in section 14.2.1      A and in section 14.2.3 A) shall be considered rent for all intent and      purposes, and they shall be linked to the Basic Index, and all the      provisions of this agreement shall apply to them without derogating from      any remedy given to the Landlord and/or the management company and/or the      management company of the parking lot according to the parking lot      management agreement. |
|--------|---------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 14.8   (A) | In      order to eliminate doubt it is hereby clarified that in any case of      contradiction between the provisions of this agreement and the provisions      of Appendix G, the provisions of this agreement shall    prevail. |
|--------|---------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 15. | Maintenance and the      Prevention of Nuisances |
|-----|--------------------------------------------------|

|  | 15.1 | The      Tenant shall keep the Leased Property in a reasonable condition, he shall      maintain reasonable orderliness and cleanliness in the Leased Property and      its surroundings, and he shall abstain insofar as possible from causing      damage or malfunction to the Leased Property or its      installations. |
|--|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 15.2 | The      Tenant shall fulfill the instructions of any authorized authority as shall      be given from time to time, in respect to the cleaning procedures and the      manner of removing the remnants of trash, and maintaining the good working      order of the drainage system and all the other systems in the Leased      Property. |
|--|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 15.3 | The      Tenant undertakes to keep reasonable cleanliness in the Leased Property      and its surroundings, to abstain from accumulating trash and materials      that could cause a fire and to take any reasonable means to prevent      fire. |
|--|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | 15.4 | The      Tenant shall notify the Landlord and/or the management company (including      by telephone no. 09- 9562002) of any damage to the Leased Property or      nuisance that was caused to the Leased Property within 48 hours from the      time he became aware of the damage and/or the nuisance as      mentioned. |
|--|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 15.5 | The      Tenant shall take care of the proper maintenance of the Leased Property      and all of its systems, except for the central systems of the Structure      and/or the Leased Property that affect the Leased Property (including air      conditioning) so that they will be taken care of and maintained at the      responsibility and at the expense of the Landlord, and he shall repair at      his expense any defect or malfunction in the Leased Property and/or its      systems and/or any defect or malfunction insofar as this is dependant on      the Tenant and/or under his responsibility and which causes a nuisance to      the other leased properties neighboring the Leased Property, and which      shall be caused or created or discovered in the Leased Property or from it      or in an part of its, including plumbing repairs and other different      repairs and this is immediately after they occurred and/or were caused      and/or were discovered, except for a defect or malfunction in the Leased      Property, all or in part of it and/or in its systems which was caused as a      result of the central systems in the Structure and/or in the Leased      Property and/or damages to the Structure and/or damages under that are      under the Landlord’s responsibility and/or damages to the systems that are      maintained by the management company according to the provisions of the      management agreement and then the responsibility applies to the      Landlord. |
|--|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 15.6 | If      the Tenant did not perform his undertakings or any of them (according to      the aforesaid in section 15 and all of its sub-sections) or the damage was      not repaired, the Landlord shall be entitled but not obligated, to perform      the repairs himself provided that he gave prior written notice to the      Tenant about this and coordinated this with the Tenant and all the repair      costs shall apply to the Tenant, who will be obligated to refund them to      the Landlord against writtenproof. |
|--|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 15.7 | The      Tenant hereby gives his consent and full authorization that the      representatives of the Landlord his employees and/or agents, shall be      entitled to enter into the Leased Property, in advance coordination with      the Tenant and with a representative on behalf of the Tenant, and at any      time during the Tenant’s works hours, in order to check the condition of      the Leased Property, the fulfillment of the Tenant’s undertakings      according to this agreement, the Leased Property’s systems, its equipment      and installations, and in order to make any repair and/or maintenance work      that the Landlord must perform according to the provisions of this      agreement and according to any law, technical arrangements or others, and      the representatives of the Leased Property are entitled to enter the      Leased Property in order to show it to other potential lessees, and this      is in the last nine months of the leaseperiod. |
|--|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | 15.8 | The      Tenant shall comply with all the Landlord’s instructions, the insurance      company and the instructions of any other authorized authority that are      connected to the fire extinguishing arrangements and procedures, the      prevention of fires, civil defense and safety, that arise from the      Tenant’s activities in the Leased Property, and the Tenant shall take any      reasonable means in order to prevent explosion and/or  fire. |
|--|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 15.9 | The      Tenant undertakes to fulfill the provisions of any law including any      legislation, regulation, order, bylaw or instruction of any authorized      authority regarding the management of his business in the Leased Property      and in respect to the maintenance of the Leased Property and the use of      it, the Tenant shall be responsible also for the payment of any penalty      that shall be imposed as a result of the failure to fulfill the provisions      as mentioned. |
|--|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 15.10 | The      management company shall take care of the proper and day to day      maintenance of the common areas of the Structure and of the central      systems of the Structure as specified in section 15.5    above. |
|--|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 15.11 | That      they will allow the Tenant and anyone on his behalf including but without      derogating from the generality of the aforesaid, to the employees, workers      and visitors, at any time and subject to the provisions of this agreement,      convenient access to the Leased Property, the parking spaces and from      them. |
|--|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 15.12 | The      Landlord and the management company shall be responsible for maintaining      and repairing at their expense (subject to the payment of management fees      according to the agreement) all of the defects and/or the flaws and/or the      malfunctions that shall be revealed outside of the Leased Property in      other words in the casing of the Leased Property and in the public areas      and in the systems/ installations of the Structure as stipulated in this      agreement. The repairs and the maintenance as mentioned, shall be      performed as quickly as possible in the circumstances of the matter in      order to reduce the harm of the Tenant’s reasonable use of the Leased      Property and the access to it as much as  possible. |
|--|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 16. | Safeguarding the      Leased Property |
|-----|---------------------------------------|

|  | 16.1 | The      Tenant shall not load on the floor of the Leased Property more than the      weight it was intended for. The permitted weight on the floor of the      offices is 450 kilograms for each square meter. The permitted weight in      the parking lots is 250 kilograms for each square  meter. |
|--|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | 16.2 | In      any event of special or concentrated loading or the placement of machines,      the Tenant must submit plans and obtain prior written consent from the      Landlord’s engineer. |
|--|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 16.3 | If      the Tenant shall request to perform “works with heat” he shall not do so      unless he gave a written notice to the management company regarding the      works and their nature and he shall take any means required by the law for      performing such works asmentioned. |
|--|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 16.4 | In      this section the meaning of the expression “works with heat” shall be as      follows: the performance of any works that involve welding, hot and cold      soldering, work with a burner (such as cutting, tarring and sealing)      drilling, sharpening, cutting with a disc, the burning of materials and      any work that involves the emission of sparks or  flames. |
|--|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 17. | Security |
|-----|----------|

|  | 17.1 | For      ensuring the fulfillment of all the Tenant’s undertakings according to      this agreement, the Tenant shall deliver to the Landlord at the signing of      this agreement a promissory note of the Tenant and this is in the amount      equal to the Basic Rent for six (6) lease months with additional Vat (in      other words 1,770,672 NIS with additionalVat). |
|--|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 17.2 | In      respect to the security the Landlord shall act in accordance with the      following provisions: |
|--|------|----------------------------------------------------------------------------------------------------------|

|  | 17.2.1 | In      the event of a breach of this agreement by the Tenant the Landlord shall      be entitled to realize the promissory note and this is only provided he      gave the Tenant a prior written notice of 5 business days in advance, in      which he shall specify the breach and his intention to use the promissory      note. |
|--|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | 17.2.2 | Nothing      in the aforesaid can constitute an admission and/or consent of the Tenant      to realize the promissory note by the Landlord and/or can harm any right      conferred upon the Tenant according to this agreement and/or according to      law. |
|--|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 17.2.3 | At      the return of the Leased Property to the Landlord in the condition as the      Landlord undertook according to this agreement, the Landlord shall return      to the promissory note to the Tenant subject and against presenting all of      the certificates and receipts indicating that the Tenant covered all the      payments that apply to him according to this  agreement. |
|--|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18. | Using the Other Areas      Outside of the LeasedProperty |
|-----|----------------------------------------------------------|

| 19. | Electricity, Water,      Communications Systems, Drainage and  Signs |
|-----|----------------------------------------------------------------------|

|  | 19.1 | The      Landlord undertakes that the connections to the water, electricity,      communications services and/or any other service that is necessary for the      Tenant for operating the purposes of the lease, shall be installed up to      and until the Leased Propertyitself. |
|--|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | 19.2 | The      Tenant agrees that not connecting the Leased Property to the electricity      network as mentioned in Appendix E and/or to the water network shall not      derogate from his undertakings according to this agreement, and shall not      constitute a cause for suing damages from the Landlord, as long as the      Landlord shall supply to the Leased Property electricity and water in an      alternative and regular manner which shall meet all of his needs until the      connection of the Leased Property to the water network, and to the      electricity network in accordance with Appendix  E. |
|--|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 19.3 | The      Tenant declares and confirms that he is aware that all the electricity      services to the Structure and to the Leased Property shall be supplied by      the Landlord and/or anyone on his behalf, in bulk, and that electricity      services shall not be given to the Structure and/or the Leased Property by      the Electricity Company. |
|--|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 19.3.1 | The      Tenant undertakes to pay to the Landlord and/or to anyone on his behalf      his share in the electricity costs of the Leased Property all as specified      in Appendix E of this agreement (electricity Appendix) and his part in the      electricity costs for operating the central air conditioning system in the      Leased Property, in accordance with the relative share of the Leased      Property in the Structure as specified in section 7A of the electricity      Appendix (Appendix E) and in addition to the management fees. It is agreed      that in any case the electricity tariffs collected by the Landlord shall      not increase over those of the Electricity Company and it is clarified      that the Tenant shall not bear payment for operating the air conditioning      in the public areas of theStructure. |
|--|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 19.3.2 | The      Tenant undertakes to sign with the Landlord and/or anyone on his behalf      the electricity agreement (Appendix E) and to bear all the payments for      the electricity services for the Leased Property only, as specified in      Appendix E and subject to the aforesaid in section 19.3.1 in respect to      the electricity tariffs. |
|--|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | 19.4 | The      Tenant undertakes to prevent blockages or malfunctions in the sewage      system in the Leased Property as a result of unreasonable use, and to bear      the costs of repair or the costs of replacing this system, that were      caused as a result of unreasonableuse. |
|--|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 19.5 | The      Tenant shall not install signs outside of the Leased Property or on the      Leased Property, unless after he received the prior written approval of      the Landlord and/or the management company in accordance with the signs      Appendix which is attached as Appendix L of this  agreement. |
|--|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 19.6 | The      Tenant shall bear any tax or fee, for installing the sign and maintaining      it, and he shall have the duty to obtain any permit that shall be required      for installing the sign and the Landlord shall assist the Tenant insofar      as this shall be required to obtain the permit as    mentioned. |
|--|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 19.7 | If      the Landlord and/or the management company shall set up uniform signs for      all the Structures that were constructed and/or shall be constructed by      the Landlord in the area of the Leased Property, the Tenant must bear the      relative payment for thesigns. |
|--|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 19.8 | The      Landlord shall be entitled to install on the roof of the Leased Property      or in its yard signs for advertising purposes of the Landlord and/or his      tenants in the Structure and/or in the Project while maintaining its      architectural character and quality, and the Tenant shall not be entitled      to object to placing them, provided that these signs cannot harm the signs      of the Tenant and the Tenant’s possibility to make good and efficient use      of the Leased Property in accordance with this agreement and/or of any      other right that is conferred upon the Tenant according to this      agreement. |
|--|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 20. | The Supply of Common      Services and Installations |
|-----|------------------------------------------------------|

|  | 20.1 | The      Tenant shall be entitled to use the common installations that are located      in the area of the Leased Property, on for the purpose for what they are      intended, all in accordance with the instructions of the Landlord and/or      the management company. |
|--|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 20.2 | Deleted. |
|--------|------|----------|

----

|  | 20.3 | The      Tenant declares and confirms that he is aware that for the maintenance of      the Leased Property, other leased properties in its surroundings and the      common services to all the leased properties, including the public areas,      such as: the external walls, the public restrooms, the courtyard and the      security rooms and the installations in the Structure, the Landlord shall      provide maintenance and management services, direct and/or by sub      contractors and/or by a services company (hereinafter – the “Management      Company”). |
|--|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 20.4 | Without      derogating from the provisions regarding the signing of the agreement for      managing the parking lot, at the demand of the Landlord the Tenant      undertakes to sign a management agreement with the Landlord and/or the      management company and to bear all the payments for the management      services as mentioned in thisagreement. |
|--|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 20.4.1 | The      parties agree that the management and maintenance fees which the Tenant      shall pay to the Landlord and/or to the management company, for the entire      lease period shall be 12 NIS (twelve shekels) per square meter per month,      with additional Vat under law, and which shall be included in the Basic      Rent, which are specified in section 8.1above. |
|--|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 20.4.2 | The      management and maintenance fees shall include, inter alia, costs for the      cleaning and gardening services, the checking and repair services of the      systems mentioned above, the supply of electricity and water in the public      areas, insurance of the public areas including breakage insurance, and      costs for any other services that shall be required according to the      discretion of the Landlord and/or management  company. |
|--|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 20.4.3 | The      Tenant shall pay an addition fee to the management and maintenance fees      for a specific service insofar as shall be periodically agreed upon      between the parties, and which shall be provided to the Tenant and/or to      the Leased Property, by the management company. Subject to the provisions      of section 32 hereafter the Tenant shall not be entitled to set off from      the amounts that shall be due from him to the management company, amounts      that shall be due to him from the Landlord, and he shall not be entitled      to set off from amounts that shall be due from him to the Landlord amounts      that shall be due to him from the management  company. |
|--|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | 20.5 | Without      derogating from the generality of the aforesaid the obligation to pay      management fees from the Tenant according to the provisions of this      section above, and parking fees according to the provisions of this      agreement is as the obligation to pay rent and their breach entitles the      Landlord to all the remedies that shall be specified in this agreement,      and without derogating from any remedy that is conferred upon the      management company and/or the management company of the parking lot      according to the parking lot management company and/or according to any      law. Nothing in this section can harm any right and/or claim conferred      upon the Tenant according to this agreement and/or according to any      law. |
|--|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 20.6 | In      the case where services are provided as mentioned by the management      company and/or the parking lot management company the word “Landlord” in      this section shall have the meaning of the Landlord and/or the management      company and/or the parking lot management  company. |
|--|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 20.7 | The      Landlord shall cause the management company to maintain the Structure and      the building’s systems routinely and continuously as stipulated in this      agreement and/or in the management agreement, while maintaining a high      level of cleanliness andmaintenance. |
|--|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 20.8 | The      breach of this agreement by the management company shall be considered as      a breach of the agreement by theLandlord. |
|--|------|-----------------------------------------------------------------------------------------------------------------------------------|

| 21. | Taxes, Levies and      Obligatory Payments |
|-----|--------------------------------------------|

|  | 21.1    (A)     | All      the taxes, the municipal taxes, the payments, the fees and the levies      (hereinafter: the “Taxes”) whether municipal or whether governmental or      others, that are imposed or shall be imposed in the future on or in      respect to the Leased Property or in respect to the management of the      Tenant’s business in the Leased Property during the lease period or in      respect to this, which lawfully apply to the Tenant as a Tenant and/or as      a possessor of the Leased Property, shall apply to the Tenant and shall be      paid by him starting from the delivery date in actual fact  of      the Leased Property to the Tenant. If such payment was imposed for a whole      year and only part of it is within the lease period, the Tenant shall pay      the relative portion of the said payment. Any such payment that applies      before the beginning of the lease period and/or such payment that does not      arise from the Tenant’s consumption, shall apply and be paid by the      Landlord (even if the payment was charged after the beginning of the lease      period). |
|--|---------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | (B)     | Notwithstanding      the aforesaid all the taxes and/or levies and/or fees and/or any other      payment that shall be imposed for development work and lease fees and      betterment levy that shall be imposed on the Leased Property and/or any      tax, payment of fee, levy and/or any other cost that is connected to the      Leased Property and which apply or shall apply to the Leased Property and      which arise from the ownership of the property/ Leased Property, shall      apply to the Landlord and shall be paid byhim. |
|--|-----------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|  | (C)     | Municipal      taxes which are imposed for the Leased Property shall apply in any event      on the Tenant and this is also if the law shall determine that the tax      shall be paid by the Landlord and/or the property  owner. |
|--|-----------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 21.2 | Nothing      in the aforesaid is an obligation of the Tenant to pay income tax, capital      gains tax, land appreciation tax, property tax etc... insofar as they apply      to the Landlord. |
|--|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 21.3 | Value      Added Tax that shall be imposed on the Landlord or on the Tenant for this      lease shall apply to the Tenant only and shall be paid by him against      furnishing an appropriate taxinvoice. |
|--|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 21.4 | Any      payment that shall be paid to the Landlord by the Tenant according to this      agreement shall be paid with additional Vat, at its lawful rate at the      time of payment. It is agreed that the amount of Vat shall be paid by a      postdated check for the payment date of theVat. |
|--|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 21.5 | In      order to eliminate doubt, the Tenant hereby confirms that any reduction of      depreciation in respect to the Leased Property, as shall be from time to      time, including in respect to the adjustments and additional that were      made as mentioned in section 6 above, shall be credited to the Landlord      only, except for equipment that belongs to the Tenant and investments and      construction that the Tenant made in the Leased  Property. |
|--|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 21.6 | Deleted |
|--|------|---------|

| 22. | Delay      Interest |
|-----|---------------------|

|  | 22.1 | Without      derogating from the generality of the rights of the Landlord in this      agreement, or in accordance to the law, in any event the Tenant shall      delay a payment of rent and/or management fees, according to this      agreement, not as a result of an action or omission of the Landlord, the      Tenant shall be required to pay the Landlord the amount in delay with      annual interest at a rate of 12% (hereinafter: the “Interest”) and this is      from the date of delay and until the date of payment in actual      fact. |
|--|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 22.2 | If      any of the parties paid a payment that applies to the other party, as a      result of the other party failing to pay the payment on time, and after a      prior written notice was sent to the other party at least 7 (seven) days      in advance, the paying party shall be entitled to a refund of the payment      with interest as defined above, from the date of its payment until it is      refunded. |
|--|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| 23. | Frustration of the      Lease |
|-----|-------------------------------|

| 24. | Liability and      Insurance |
|-----|------------------------------|

|  | 24.1 | The      liability of the parties in this agreement shall be in accordance with      their liability according to law, provided that if a lawsuit shall be      submitted against the Tenant to which the Landlord shall be added only due      to the fact that he is the registered owner, the Tenant shall indemnify      the Landlord for the amount that he was required to pay to the plaintiff      according to a final judgment whose performance was not delayed, all      provided the indemnification as mentioned shall not apply in cases where      the lawsuit shall be for an action or omission of the Landlord and/or the      management company and/or anyone on their behalf and/or due to a defect or      malfunction in the Structure or in the casing of the Leased Property. It      is emphasized that the parties undertake to act in order to exercise all      of their rights according to their insurance policies specified in this      agreement. |
|--|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 24.2 | The      Tenant undertakes to fulfill all of the provisions of the insurance      Appendix, Appendix D which is attached hereto and which constitutes an      inseparable part of this agreement and to bear the payment for insuring      the building as specified in section 24.14 of Appendix  D. |
|--|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 24.3 | The      payments specified in section 24.14.1 of Appendix D shall be considered as      rent payments for all intents andpurposes. |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------|

| 25. | The Breach of the      Agreement and itsCancellation |
|-----|------------------------------------------------------|

|   | 25.1 | Deleted. |
|--------|------|----------|

----

|  | 25.2 | Without      derogating from the provisions of any law, each of the following actions      or non actions shall be considered a fundamental breach of this agreement      by the Tenant, after the Landlord sent the Tenant a warning letter for the      breach and the Tenant did not repair the breach within 14 days from the      date it the Landlord’s notice was received by  him: |
|--|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 25.2.1 | Using      the Leased Property not for the purpose of the lease mentioned      above. |
|--------|--------|---------------------------------------------------------------------------------------|

|  | 25.2.2 | Transferring      the Tenant’s rights in the Leased Property to another, in contradiction to      the provisions of section 13 above, and subject to the provisions of this      agreement in respect to the substitute-Tenant and the      Sub-Tenant. |
|--|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 25.2.3 | Deleted. |
|--------|--------|----------|

|  | 25.2.4 | The      failure to pay rent and/or management fees and/or parking fees and/or the      failure to deliver and/or the failure to renew the promissory note for a      period that exceeds 30 days. In this respect the periods of bank strikes      and/or force majeure shall not be taken into  account. |
|--|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 25.2.5 | The      rendering of a receivership order, or liquidation order, or order      appointing a receiver on all the Tenant’s assets or on any part of them,      which shall not be canceled within 90 days from the date it was issued. It      is agreed that the Landlord shall not rely on this cause of action in the      event the Tenant shall prove to the Landlord’s satisfaction that the      motion that was not yet cancelled even after 90 days passed, is bothersome      or groundless. |
|--|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 25.2.6 | The      failure to remove a nuisance in respect to which a final judicial order      was rendered to remove it. |
|--------|--------|------------------------------------------------------------------------------------------------------------------|

|   | 25.2.7 | The      failure to return possession of the Leased Property at the time and in the      manner specified in section 26hereafter. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------|

|   | 25.2.8 | Deleted. |
|--------|--------|----------|

|   | 25.2.9 | The      committal of an action in contradiction to the provisions of section 14,      15 and 16 above. |
|--------|--------|---------------------------------------------------------------------------------------------------------|

|   | 25.2.10 | The      failure to pay for services that shall be given to the Leased Property      according to the maintenance agreement, the parking lot management      agreement. |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 25.3 | The      parties agree that the performance of one of the actions or the failure to      perform the actions specified hereafter shall be considered a fundamental      breach of this agreement by the Landlord, after the Tenant sent the      Landlord a warning for the breach and the Landlord did not repair the      breach within 14 days from the date of the  warning: |
|--|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 25.3.1 | The      transfer of the Leased Property in contradiction to the provisions of      section 13. |
|--------|--------|-------------------------------------------------------------------------------------------------|

----

|   | 25.3.2 | The      failure to supply water and/or electricity to the Leased Property in bulk      or by an alternative manner for a period of time that exceeds 30 days      insofar as this is dependant on theLandlord. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 25.3.3 | A      breach of the provisions of sections 3, 5.5, 12.5, 15 and 24. This      provision shall be considered as if it was specifically written in each of      these sections. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 25.3.4 | A      fundamental breach of the management agreement, insofar as it shall be      signed, by the managementcompany. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------|

|  | 25.4 | If      any of the parties breached any of the fundamental terms mentioned above,      and did not repair the breach within 30 days from the date of sending a      written notice to the party in breach, the injured party shall be entitled      to cancel this agreement under law according to the a legal cancellation      cause. |
|--|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 25.5 | If      any of the parties notified the cancellation of this agreement, the Tenant      shall vacate the Leased Property and shall return the possession of it to      the Landlord, when the Leased Property is clear and empty from any person      or object, within 30 days from the date of receiving the notice of the      cancellation of this agreement, and he shall compensate the counter party      for any damage that he shallincur. |
|--|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 25.6 | Nothing      in this section can derogate from the other rights of any of the parties      according to this agreement or according to the  law. |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 25.7 | Any      lack of action and/or lack of response and/or abstaining from using a      remedy in accordance with this section, by any of the parties, shall not      be interpreted in any manner as a waiver on his part of his rights      according to the agreement in respect to a continuous or additional breach      by the other party, unless any of the parties explicitly waived these      rights in writing. |
|--|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 26. | Vacating the Leased      Property |
|-----|-----------------------------------|

|  | 26.1 | The      Tenant shall vacate the Leased Property at the end of the lease period or      at any time when the lease shall reach its end according to this agreement      and he shall return it to the Landlord when it is clear and empty from any      person and object according to the provisions in this section. In any      event that the Tenant must vacate the Leased Property in accordance with      this agreement he must return it to the Landlord when it is completely      clear and empty and in the condition it was at the beginning of the lease      period except for reasonable wear and tear in the circumstances of the      agreement. |
|--|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 26.2 | If      the Tenant shall not vacate the Leased Property as mentioned in this      section in sub-section 26.1 above and in section 25.2.7 above, which is      not the result of an action or omission of the Landlord and/or the      management company, the Tenant shall pay the Landlord relative liquidated      damages for each day of delay in the amount equal to the 200% (two hundred      percent) of the Basic Rent per month as shall be at that    time. |
|--|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

|   | 26.3 | Deleted. |
|--------|------|----------|

| 27. | Amendment of the      Agreement |
|-----|---------------------------------|

| 28. | Deviation |
|-----|-----------|

| 29. | Notices and      Warnings |
|-----|---------------------------|

|  | 29.1 | Any      notice and warning that shall be sent from one party to the other by the      attorney’s of the parties in respect to this agreement shall be sent by      registered mail, or shall be delivered by hand, according to the parties’      addresses stipulated in the introduction to this agreement (or any other      address in respect to which a written notice was received) and such notice      or warning as mentioned shall be regarded as if it was delivered to the      addressee upon its actual delivery if delivered by hand, and if it was      sent by registered mail from a post office in Israel, at the end of      seventy two hours (except for Saturdays and Holidays) after they were put      in the mail when postage was fully paid in advance, and if sent by      facsimile, it shall be considered as if it was received on the day it was      transmitted if the transmitting party received telephone confirmation from      the receiving party, regarding the success of the transmission and the      receipt of the notice. |
|--|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 29.2 | The      parties’ addresses are as specified in the preamble of this agreement.      However, during the lease period the Tenant’s address shall be in the      Leased Property. |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | 29.3 | If      any of the parties changed their address he shall notify the other of this      by a written message and he shall give details regarding his address and      current contact information. |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 30. | Additional      Steps |
|-----|-----------------------|

----

| 31. | No Right to Set-      Off |
|-----|---------------------------|

----

| 32. | General |
|-----|---------|

|  | 32.1 | Any      waiver, delay, neglect, disregard or abstaining from instituting legal      proceedings or a delay in exercising any rights of a party in a certain      case shall not be considered as a waiver, agreement or as an admission by      him and no analogy shall not be made and they shall not serve as a      prevention or estoppel towards him; abstaining from exercising a right      whether in general or whether at a time, of any of the rights of one of      the parties according to this agreement or according to law, shall not be      considered as a waiver of it and shall not grant the other party any right      to claim that as a result of the silence and/or the failure to respond,      the upholding party agreed to the breach, contrary to this agreement      and/or that the failure to object or the silence by the upholding party      constitutes consent to a change of the terms of the agreement or to the      behavior of the party in breach in violation of the agreement ,and that      any party shall be entitled to exercise at any time any of his rights      according to this agreement or according to law, at any time he shall see      it fit notwithstanding previous waivers, concessions or      neglect. |
|--|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 32.2 | In      any event of a contradiction of the provisions of the agreement and      between the provisions of any of the Appendixes of the agreement, the      provisions of this agreement shall prevail, except if otherwise stipulated      in this agreement. |
|--|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 32.3 | Nothing      in the provisions of this agreement can create the relationship of a      partnership and/or agency between the Tenant and the Landlord and/or the      management company and none of the above shall confer any right to a third      party, except the triangle agreement and/or if otherwise explicitly      mentioned in this agreement. |
|--|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 32.4 | This      agreement and its Appendixes, includes all of the intentions, rights and      obligations of the parties, as were agreed by them in this agreement, and      except for the terms of this agreement, all other conditions, oral      conditions and/or representations and/or memorandums of understanding      and/or declarations and/or undertakings and/or understandings that were      made (if an insofar as were made) before the signing of this agreement      whether orally or whether in writing, whether explicitly or implicitly,      are hereby cancelled. |
|--|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|  | 32.5 | The      parties declare that they read this agreement and they understood its      contents and they are signing it out of their own free will. A few copies      of this agreement were signed and each of them shall be considered an      original. |
|--|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 33. | Jurisdiction |
|-----|--------------|

|  /s/      Authorized Signatory |   |  /s/      Authorized Signatory |
|-------------------------------------|--------|-------------------------------------|
| The      Landlord                   |   | The      Tenant                     |

----