| **LEASE                AGREEMENT** | **Page                1                (4)** |
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| **FOR                NON-RESIDENTIAL PREMISES No.****995                1006** |
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| Landlord                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | NCC                Property G AB                                                                                                                                                                                                                                                                                                            |                                                                                                                                                                                                                                                                                                                                  |
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|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| Tenant                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Neonode                AB                                                                                                                                                                                                                                                                                                                   | National                ID/company registration no.                                                                                                                                                                                                                                                                              |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| Premises                Address, ect                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | Municipality:Stockholm                                                                                                                                                                                                                                                                                                                      | Property                designationLustgarden                10                                                                                                                                                                                                                                                                  |
| Street:Warfuingesväg                41                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | Floor/BuildingPlan                4                                                                                                                                                                                                                                                                                                         | Apartment                no.Hus                1                                                                                                                                                                                                                                                                                 |
| Billing                Address:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| Condition                and use of premises                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | Unless                otherwise stated, the premises and appurtenant storage areas are                let in                their existing condition for use as: Office forNeonode                AB                                                                                                                                        |
| Size                and extent of premises                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | Retail                Space                                                                                                                                                                                                                                                                                                                 | Office                Space                                                                                                                                                                                                                                                                                                      | Storage                Space | Other                Space |
| Floor                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | Sq.                m.                                                                                                                                                                                                                                                                                                                       | Floor4                                                                                                                                                                                                                                                                                                                           | Sq.                m.appx.                887 | Floor | Sq.                m. | Floor | Sq.                m. | Floor | Sq.                m. |
| The                Designated Areas£ have                £ have                not been measured jointly prior to the execution of the                Agreement.Should                the area shown in the Agreement deviate from that actually measured,                this                does not entitle the Tenant to anyrepayment                of rent no entitle the Landlord to any increased rentT The                extent of the leased premises is marked on appended plan(s)                2007-10-16                                                                                                                                                                                                                                                                                                                                                                                                                    |                                                                                                                                                                                                                                                                                                                                        |                                                                                                                                                                                                                                                                                                                             |
| Appendix2                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| £0                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |  access                for cars loading/ unloading                                                                                                                                                                                                                                                                                     | £                                                                                                                                                                                                                                                                                                                           | place                for sign | £ | place                for display cabinet/ vending machine | £ | parking                space(s) for car(s) | £ | garage                space(s) for car(s) | £ |
| Furnishings/                Fixtures/Fittings                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | The                premises are let:                                                                                                                                                                                                                                                                                                        | Appendix                                                                                                                                                                                                                                                                                                                         |
| T without                furnishings/fixtures/fittings specific to the specific                Tenants                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | £ without                furnishings/fixtures/fittings specific to the specific Tenants of                the                premises according to appendix                                                                                                                                                                       |                                                                                                                                                                                                                                                                                                                             |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| Unless                otherwise agreed upon, at the termination of the tenancy, the Tenant                shall                remove all property belonging to him and surrender the premises in                acceptable condition.The                parties agree to carry out a joint inspection of the premises not                later                than the last day of the tenancy. If, as a result of the Tenant’s actions                - carried out with or without the Landlord’s consent - the premises upon                surrender should contain material, which it had not previously been                agreed                that the Landlord should be responsible for, the Tenant shall remove                such                material or pay the Landlord’s expenses in so doing., including but not                limited to, transportation costs, waste disposal taxes and storage                charges. |
| Telephone                Lines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | £                                                                                                                                                                                                                                                                                                                                      | The                Tenant shall pay for the installation of the necessary telephone                lines                from a connection point designated by the service provider to those                points                in the premises chosen by the Tenant in consultation with the                Landlord.          |
| £                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | The                Landlord shall pay for corresponding installation of lines to the                premises. The installation of lines inside the premises shall be                carried                out by the Tenant in consultation with the Landlord; the cost, however,                to                be borne by the Tenant. |
| Data                Communication lines                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | £                                                                                                                                                                                                                                                                                                                                      | The                Tenant shall pay for the installation of the necessary data communication                lines from a connection point designated by the service provider                to those                points in the premises chosen by the Tenant in consultation with                the                Landlord. |
| £                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | The                Landlord shall pay for corresponding installation of lines to the                premises. The installation of lines inside the premises shall be                carried                out by the Tenant in consultation with the Landlord; cost, however,                to be                borne by the Tenant,     |
| Terms                of Lease                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | Commencing2008-04-01                Appendix 1                                                                                                                                                                                                                                                                                              | Up                to and including                                                                                                                                                                                                                                                                                               |
| 2013-03-31                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| Termination/                Extensions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |  Notice                of termination of this Agreement must be given in writing at lease                9                months prior to the expiry of this Agreement. In                the absence thereof, this Agreement is extended by a term of 3                years                at a time.                           |
| Heating                and hot water                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |  Requites                heating of the premises is provided by T                the Landlord £                the Tenant                                                                                                                                                                                                    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |  Hot                water is provided £                throughout the year £                not provided £                                                                                                                                                                                          |

| NoticeNote                that in certain cases, in addition to marking a box with an X, an                appendix                must be appended to the Agreement in order for the agreement set                forth in                such appendix to be binding. This applies, for example. With respect                to an                index clause, a property tax clause and the Tenants rights to a reduction                of rent in conjunction with customary maintenance. In addition, see                Instructions prepared by the organisations. |   |
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| Swedish                Property Federation from no. 12B, prepared in 1998 in consultation                with                the Swedish Federation of Trade and the Swedish                Hotels - and Restaurants Association (SHR), Copying                prohibited.Notice:                This is a translation into English of for no. 12B.License                number: 2057-9686-221855. Vernr: 6.01. Registered to: NCC Property                Development AB. | Initial | Initial |
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| **LEASE                  AGREEMENT** | **Page                  2                  (4)** |
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| **FOR                  NON-RESIDENTIAL PREMISES No. **995                  1006**** |
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| Rent   | SEK1                863 000 Appendix 1 Per                annum comprising £                total rent T                rent excluding supplements marked below |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | Index                clause                                                                                                                                               | T | Changes                to the above-stated rent shall be effected pursuant to the appended                index                clause | Appendix |
| 1      |
|   | Heating                and hot water costs                                                                                                                                | T | Fuel/heating                supplement payable in accordance with appended                clause | Appendix |
| 1      |
|   | Water                and sewerage costs                                                                                                                                   | T | Water                and sewerage supplement payable in accordance with                appended clause | Appendix |
| 1      |
|   | Cooling                Ventilation                                                                                                                                        | T | Costs                for the operation of special cooling and ventilation appliances                shall                be reimbursed in accordance with appended clause | Appendix |
| 1      |
|   | Electricity                                                                                                                                                               | £ | included                in rent £                Tenant has own contact with the provider | Appendix1 |
|   | Cleaning                of stairwell                                                                                                                                      | T | included                in rent £                Tenant has own contact with the provider |   |
|   | Refuse                and waster removal                                                                                                                                  | Insofar                as the Landlord is responsible for the provision of storage space                for                refuse/waste, and arranging for the removal of such refuse/waste,                it is                the Tenant’s responsibility to sort and deposit refuse/waste in the                appropriate containers as directed, in their designated place, as                well as                without recompense contribute towards further and/or additional sorting,                as directed by the Landlord Refuse/Waste £                   included in rent £                   Arranged                for and paid for by the Tenant (the Landlord however shall provide                the                necessary refuse/waste containers and the requisite storage space                for                such) T                Included                in rent with respect to the types of refuse/waste indicated below.                The                tenant shall be responsible for, and pay for the costs of, collection,                sorting, storage, and transportation of the categories of refuse/waste                not                indicated below which are to be found on the Tenants                premises. T                Household                waste         £                Fluorescent                tubes                               £                Hard plastic packaging£                Heavy refuse                       £                Metal                packaging                                  £                Hazardous waste pursuant to the hazardous Waste Ordinance                (1996.971)£                Compostable waste     £                clear class                containers                          £                __________________________£                Newspapers                 £                Coloured class containers    £                __________________________£                Batteries                       £                Cardboard packaging                         £                __________________________ |

|        | Snow                clearance and gritting | T                included in rent  £                to                be arranged for and paid for by the Tenant £                as                per appendix | Appendix |
|--------|--------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------|
|   |
|   | Property                taxes              | £                included in rent T                reimbursement payable as per special agreement                                                                          | Appendix |
|        |

| Unforeseen                costs | Where,                following the execution of the Agreement, unforeseen increases in                costs                arise in relation to the property as a consequent of: a)                the introduction of, or increases in taxes, charges or duties levied                specifically on the property as a result of decisions take by Parliament,                Government, municipalities, or other relevant authorities; b)                general rebuilding measures or suchlike in respect of the property                which                do not relate solely to the premises and which the Landlord is obliged                to                execute as a result of decisions of the Parliament, Government,                municipalities, or other relevant authorise. The                Tenant shall, commencing at the time of the cost increase, reimburse                the                Landlord in relation to that proportion of the total annual increase                in                costs for the property represented by the premises.  The                proportion represented by the premises is 4.5                per cent. Where the proportion has not been indicated. It shall be                comprised of that proportion of the total rents for remises (excluding                any                value-added tax) represented by the Tenant’s rent (excluding an                value-added tax) at the time of the increase in costs, in respect                of unlet                premises, the market rent for the premises shall be                estimated. ‘Taxes’                in accordance with a) above does not refer to value-added tax and                property                tax to the extent that reimbursement in respect of this is paid as                per                agreement. ‘Unforeseen Costs’ means such costs as were not decided upon by                the authorities as set forth in sections a) and b) at the inception                of the                Agreement Reimbursement shall be paid in the same manner as set forth                below for rental payments. |
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| NoticeNote                that in certain cases, in addition to marking a box with an X, an                appendix                must be appended to the Agreement in order for the agreement set                forth in                such appendix to be binding. This applies, for example. With respect                to an                index clause, a property tax clause and the Tenants rights to a reduction                of rent in conjunction with customary maintenance. In addition, see                Instructions prepared by the organisations. |    |
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| Swedish                Property Federation from no. 12B, prepared in 1998 in consultation                with                the Swedish Federation of Trade and the Swedish                Hotels - and Restaurants Association (SHR), Copying                prohibited.Notice:                This is a translation into English of for no. 12B.License                number: 2057-9686-221855. Vernr: 6.01. Registered to: NCC Property                Development AB.                                                                                                 | Initial | Initial |

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| **LEASE                    AGREEMENT** | **Page                    3                    (4)** |
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| **FOR                    NON-RESIDENTIAL PREMISES No. **995                    1006**** |
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| Value-added                tax (VAT) | T                The                property owner/Landlord is liable to pay value-added tax for the                letting                of the premises. In addition to rent, the Tenant shall on each occasion                pay the                        VAT currently applicable. £                Where,                following a decision by the Tax Authorities, the property owner/Landlord                become fiable to pay VAT for the letting of the premises, the Tenant                shall   on each occasion in addition to the rent pay the VAT                concurrently applicable. The                VAT paid together with rent shall be calculated on the stated rental                amount and where applicable on supplemental charges and other                reimbursements paid in accordance with the Agreement, pursuant to                the                rules applicable at the time in respect of VAT payable on                rent. Where                the Landlord become liable to pay VAT pursuant to the provisions                of the                Value Added Tax Act as a consequence of the Tenant’s independent actions,                such as a subletting of the premises (including subletting to its                own                company) or assignment, the Tenant shall reimburse the Landlord in                full.                In addition, the Tenant shall reimburse the Landlord in respect of                the                increased costs arising as a consequence of the Landlord’s loss of the                entitlement to deduct VAT on operating expenses incurred as a consequence                of the Tenant’s actions. |
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| Payment                of Rent      | The                rent shall be paid in advance without prior demand, not later than                the                last working day prior to the commencement of: £                each calendar month T                each quarter £                By                direct transfer to either of the following accounts | Postal                giro no. | Banking                no. |
|-------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------|----------------------------|
|   see                bill |

| Interest,                Payment reminders | Upon                delay in the payment of rent, the Tenant shall pay interest in accordance                with the interest Act as well as compensation for written payment                reminders in accordance with the Debt Recovery Act, ect. Compensation                for                payment reminders shall on each occasion be paid in an amount currently                applicable pursuant to the Debt Recovery Ordinance,                ect. |
|--------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Maintenance,                ect. | £                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | The                landlord shall carry out and bear the cost of necessary maintenance                of the                premises andfurnishings/fittings/fixtures                supplied by him. | However,                the Tenant shall be responsible for | Appendix |
|----------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------|----------|
|                                  |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|                             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | In                addition, the Tenant’s maintenance obligations includes                                                                                                                       | Appendix                                                    |
|   T                    | The                Tenant shall carry out and bear the cost of necessarymaintenance                of the surface of floors, walls and ceiling, as wellas                of furnishings/fittings/fixtures provided by the Landlord.Where                the Tenant does not fulfil his maintenance obligations and does not                within                a reasonable time carry out rectification works following a written                demand, then the Landlord shall be entitled to fulfil these obligations                at                the Tenant’s expense. |

|                        | T | The                allocation of the maintenance obligations is set forth as per separate                appendix. | Appendix |
|------------------------|---|--------------------------------------------------------------------------------------------------------------------|----------|
| 1                and 3 |

| Management                and Operation               |                                                                                                                                                                                                                                                          | Unless                otherwise agreed, the Landlord shall, where applicable, manage, operate,                and maintain the public and common areas.The                Tenant shall not be entitled, without the Landlord’s written consent, to                carry out an fitting out and/or installation or alteration works                within                the premises or otherwise within the property, which directly effects                the                structural components of the building or installations important                to the                functioning of the property, such as water and sewerage, electricity,                ventilation systems, ect., which are the property of the                Landlord.Sprinkler                heads and ventilation equipment may not be covered by any                fixtures/fittings by the Tenant in such a manner as to reduce the                functioning of such equipment in conjunction with the performance                of                fitting out works, the Tenant shall ensure that the functioning of                radiators and other heating equipment is maintained in all significant                respects. |   |
|-------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Inspections                                           |                                                                                                                                                                                                                                                          | Where                any defects and/or deficiencies are found subsequent to an inspection                by a                relevant authority, in the electrical and sprinkler equipment which                is the                property of the Tenant, the Tenant shall, at his own cost and within                the                period prescribed by the relevant authority, carry out any measures                required. Where the Tenant has not rectified the defects and/or                deficiencies within the stated time, the Landlord shall be entitled,                at                the Tenant’s expense, to carry out such measure as are required by the                relevant authority.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| Access                to certain spaces               |                                                                                                                                                                                                                                                          | The                Tenant shall keep areas to which the maintenance personnel and personnel                from the energy utilities, water and sewerage utilities, the telephone                company, and any like organisation must have access to, easily accessible                by keeping such areas free of cupboards, crates, goods, or any other                obstructions.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| Building                material specifications       |                                                                                                                                                                                                                                                          | Whether,                pursuant to the provisions of this Agreement or otherwise, the Tenant                performs maintenance, improvement, or alteration works in respect                of the                premises, the Tenant shall provide the Landlord, in good time prior                to the                execution of such work, with specifications of the building materials                - to                the extent such have been prepared - for the products and materials                to be                used on the premises.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
| Planning                and Building Code (PBL) fines |                                                                                                                                                                                                                                                          | Where                the Tenant undertakes alterations to the premises without the requisite                construction permit and, as a consequence thereof the Landlord is                compelled to pay construction fines or supplemental fees pursuant                to the                rules set forth in the Planning and Building Code (PBL), the Tenant                shall                reimburse the landlord in respect of this.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |
| Reduction                of rent                      |                                                                                                                                                                                                                                                          | The                Tenant shall not be entitled to a reduction in rent for the period                during                which the Landlord allows work to be carried out in order to place                the                premises in the agreed condition, or other works specifically set                forth in                the Agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| T                                                     | The                Tenant’s right to a reduction in rent during the Landlord’s performance of                customary maintenance of the leased premises or the property shall                be                governed by a separate appendix. | Appendix                1                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |

| Requirementsimposed                by relevant authorities, etc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | £ The                Landlord T The                Tenant | shall                be solely responsible for, and bear the cost of, undertaking measures                which may be required for the intended use of the premises by insurance                companies, building authorities, environmental or health authorities,                fire                departments, or other relevant authorities after the date of taking                possession. The Tenant shall consult with the Landlord prior to                undertaking any such measures. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| NoticeNote                that in certain cases, in addition to marking a box with an X, an                appendix                must be appended to the Agreement in order for the agreement set                forth in                such appendix to be binding. This applies, for example. With respect                to an                index clause, a property tax clause and the Tenants rights to a reduction                of rent in conjunction with customary maintenance. In addition, see                Instructions prepared by the organisations. |                                                                          |

| Swedish                Property Federation from no. 12B, prepared in 1998 in consultation                with                the Swedish Federation of Trade and the Swedish                Hotels - and Restaurants Association (SHR), Copying                prohibited.Notice:                This is a translation into English of for no. 12B.License                number: 2057-9686-221855. Vernr: 6.01. Registered to: NCC Property                Development AB. | Initial | Initial |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------|---------|

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| **LEASE                    AGREEMENT** | **Page                    4                    (4)** |
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| **FOR                    NON-RESIDENTIAL PREMISES No. **995                    1006**** |
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| Signs,                    awnings, windows, doors, etc.                                                                                                                                                                                             | Following                    consultation with the Landlord, the Tenant shall be entitled                    to display a                    customary business sign provided that the Landlord has not reasonably                    denied the same and that the Tenant has obtained the requisite                    permit from                    the relevant authority. Upon surrender of the premises, the Tenant                    shall                    restore the facade of the building to an acceptable                    condition.In                    conjunction with more extensive property maintenance, such as                    the                    renovation of facades etc. the Tenant shall, at his own cost                    and without                    compensation, dismantle and reassemble signs, awnings, and                    antennas.The                    Landlord undertakes not to fix vending machines and display cabinets                    on                    the exterior walls of the premises let to the Tenant without                    the Tenant’s                    consent, and grants to the Tenant an option to fix vending machines                    and                    display cabinets on the walls in question. |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| £                    The                    Landlord T                    The                    Tenant                                                                                                                                   | is                    liable for any damage due to negligence or malicious intent                    to                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | T                    windowsT                    signs | £                    display/shop                    windows£ |  T                    entrance                    doors |
|  £ The                    Tenant shall purchase and maintain glass insurance with respect                    to all                    display/shop windows and entrance doors appurtenant to the                    premises.  |
| Locks                                                                                                                                                                                                                                               | £ The                    Landlord T The                    Tenant                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | shall                    equip the premises with such locks and anti-theft devices as                    may be                    required to ensure the validity of the Tenant’s business                    insurance. |
| Force                    majeure                                                                                                                                                                                                                    | The                    Landlord shall not be compelled to perform his obligations under                    this                    Agreement or pay any damages where, as a consequence of acts                    of war or                    riots, work stoppages, blockades, fires, explosions, or intervention                    by a                    public authority over which the Landlord has no control and which                    could                    not have been foreseen, and the Landlord is prevented entirely                    from                    performing his obligations or may only be able to do so at abnormally                    high                    cost.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |

| Security | This                    Agreement is contingent upon the provision of security in the                    form of                    a | Appendix1          |
|----------|---------------------------------------------------------------------------------------------------------------------------------------|--------------------|
| £   | Bankguarantee                                                                                                                         |   £ | Personalguarantee | £ | To                    be provided no                    later than: See Appendix |

| Special                    provisions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |  Special                    ProvisionsFloor                    PlanDelegation                    of Responsibilities, Investments, MaintenanceRoom                    and Technical DescriptionDisplay                    Programme                                                                                                                                                                                                                                            | Appendix12345 |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------|
| Signature                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | This                    Agreement which may not be registered without specific consent                    has been                    prepared in two identical counterparts of which each party has                    received                    one. All prior agreements between the parties with respect to                    these                    premises shall cease to apply commencing on the date of execution                    of this                    Agreement. |
| Place/date                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | Place/date                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| Landlord                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | Tenant                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| Printed                    name                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | Printed                    name                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | As                    a consequence of an agreement entered into on this day, the Agreement                    shall cease to applycommencing                    _________________________________, at which time the Tenant undertakes                    to                    surrender the premises.                                                                                                                                                                                 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | Place/date                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Place/date    |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | Landlord                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | Tenant        |
| Assignment                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | This                    Lease Agreement is hereby assigned tocommencing                                                                                                                                                                                                                                                                                                                                                                                                                  |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | Assignor                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | Assignee      | National                    ID/company registration no. |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| The                    above-referenced assignment is hereby approved                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | Place/date                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | Landlord      |
|  NoticeNote                    that in certain cases, in addition to marking a box with an X,                    an appendix                    must be appended to the Agreement in order for the agreement                    set forth in                    such appendix to be binding. This applies, for example. With                    respect to an                    index clause, a property tax clause and the Tenants rights to                    a reduction                    of rent in conjunction with customary maintenance. In addition,                    see                    Instructions prepared by the organisations. |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |
| Swedish                    Property Federation from no. 12B, prepared in 1998 in consultation                    with                    the Swedish Federation of Trade and the Swedish Hotels - and                    Restaurants                    Association (SHR), Copying prohibited.Notice:                    This is a translation into English of for no. 12B.License                    number: 2057-9686-221855. Vernr: 6.01. Registered to: NCC Property                    Development AB.                                                                                                                                                 |

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**SPECIAL      PROVISIONS**

**GOVERNING      LEASING CONTRACT**

**Appendix      1**

**Leasing      contract: 995 1 006 **

**Landlord:      NCC Property G AB**

**Tenant:      Neonode AB **

**Premises      address: Warfvingesväg 41, Stockholm**

**1.      The arrangement of the premises**

| Appendix                    1 - Special Provisions | 1(6) |
|----------------------------------------------------|------|

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**2.      The Tenant’s own work**

**3.      Rent discounts**

**4.      Index clause**

| Appendix                      1 - Special Provisions | 2(6) |
|------------------------------------------------------|------|

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**5.      Heating, ventilation, cooling plant, water**

**6.      Electricity consumption**

**7.      Property tax**

**8.      Value Added Tax**

| Appendix                      1 - Special Provisions | 3(6) |
|------------------------------------------------------|------|

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**9.      Garage places**

**10.      Security for the rent**

**11.      Lease term and taking possession**

**12.      Operation and maintenance**

| Appendix                      1 - Special Provisions | 4(6) |
|------------------------------------------------------|------|

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**13.      Assignment of leasing rights**

**14.      Environmental responsibility**

**15.      Fire protection**

| Appendix                      1 - Special Provisions | 5(6) |
|------------------------------------------------------|------|

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**16.      Liability for damage to the property**

**17.      Reconstructions and changes during the lease term**

**18.      Signs**

| Appendix                      1 - Special Provisions | 6(6) |
|------------------------------------------------------|------|

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**19.      Right to reduction**

**20.      Interruptions in the property**

**21.      Reservation**

**22.      Interpretation precedence**

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| Appendix                      1 - Special Provisions | 7(6) |
|------------------------------------------------------|------|

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**Delegation      of responsibilities**

**Investments,      maintenance, exchanges, supervision and operations**

**Appendix      3**

**Leasing      contract: 995 1 006 **

**Leasor:      NCC Property G AB**

**Leasee:      Neonode AB **

**Address      of premises: Warfvingesväg 41, Stockholm**

**NCC      Property G AB hereafter called the Landlord (U) and Neonode AB hereafter called      the tennant (HG) have come to agreement on the following division of      responsibility concerning the investment, replacements, maintenance, repairs,      supervision and operations of fixtures and equipment.**

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|                                                                     |   | **Investment** |   | **Maintenance,                replacement** |   | **Supervision                and operation** |   | **Note**                                               |   |
|--------------------------------------------------------------------------|--------|----------------|--------|---------------------------------------------|--------|----------------------------------------------|--------|--------------------------------------------------------|--------|
| ***Building***                                                           |   |           |   |                                        |   |                                         |   |                                                   |   |
|                                                                     |   |           |   |                                        |   |                                         |   |                                                   |   |
| **Roof**                                                                 |   |           |   |                                        |   |                                         |   |                                                   |   |
| Guttors                                                                  |   | U              |   | U                                           |   | U                                            |   |                                                   |   |
| Drains                                                                   |   | U              |   | U                                           |   | U                                            |   |                                                   |   |
| Roofing                                                                  |   | U              |   | U                                           |   | U                                            |   |                                                   |   |
| Drain                spouts                                              |   | U              |   | U                                           |   | U                                            |   |                                                   |   |
| Antennas                                                                 |   | HG             |   | HG                                          |   | HG                                           |   |                                                   |   |
|                                                                     |   |           |   |                                        |   |                                         |   |                                                   |   |
| **Fasad**                                                                |   |           |   |                                        |   |                                         |   |                                                   |   |
| Signage/light                fixtures                                    |   | HG             |   | HG                                          |   | HG                                           |   | Tennant                                                |   |
| Signage/light                fixtures                                    |   | U              |   | U                                           |   | U                                            |   | Landlords                                              |   |
| Entre                door                                                |   | U              |   | U                                           |   | U                                            |   | buildings                                              |   |
| Garage                door                                               |   | U              |   | U                                           |   | U                                            |   |                                                   |   |
| Window                glass                                              |   | U              |   | U                                           |   | HG                                           |   | Openable,                exept for towards essingleden |   |
| Window                frames                                             |   | U              |   | U                                           |   | U                                            |   |                                                   |   |
|                                                                     |   |           |   |                                        |   |                                         |   |                                                   |   |
| ***Interior***                                                           |   |           |   |                                        |   |                                         |   |                                                   |   |
| **Fixed                fixtures and equipment**                          |   |           |   |                                        |   |                                         |   |                                                   |   |
| Entre                door to premisses                                   |   | U              |   | U                                           |   | HG                                           |   |                                                   |   |
| Door                closer/opener, magnetic devices                      |   | HG             |   | HG                                          |   | HG                                           |   | In                addition to required from fire dept  |   |
| Door                closer/opener, magnetic devices                      |   | U              |   | U                                           |   | U                                            |   | Required                fire protection                |   |
| Ceiling,                floor, glass partitions, walls, surfaces         |   | U              |   | U                                           |   | U                                            |   |                                                   |   |
| Ceiling,                floor, glass partitions, surfaces                |   | U              |   | HG                                          |   | HG                                           |   |                                                   |   |
| Inner                doors                                               |   | U              |   | U                                           |   | HG                                           |   |                                                   |   |
| Toalet                rooms                                              |   | U              |   | U                                           |   | HG                                           |   |                                                   |   |
| Pantry/kitchen                incl white goods, microwaves and cupboards |   | U              |   | HG                                          |   | HG                                           |   |                                                   |   |
| Buildings                recyclying center/garbage rooms                 |   | U              |   | U                                           |   | U                                            |   |                                                   |   |
| Other                fixtures in common areas                            |   | U              |   | U                                           |   | U                                            |   |                                                   |   |
| Sun                protection                                            |   | HG             |   | HG                                          |   | HG                                           |   |                                                   |   |
|                                                                     |   |           |   |                                        |   |                                         |   |                                                   |   |
| **Loose                fixtures and equipment**                          |   |           |   |                                        |   |                                         |   |                                                   |   |
| Furniture                                                                |   | HG             |   | HG                                          |   | HG                                           |   |                                                   |   |
| Shelving,                Signs- and brocher stands                       |   | HG             |   | HG                                          |   | HG                                           |   |                                                   |   |
| Bullitan                boards, art etc.                                 |   | HG             |   | HG                                          |   | HG                                           |   |                                                   |   |
| Curtains,                blinds                                          |   | HG             |   | HG                                          |   | HG                                           |   |                                                   |   |

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|  |   | **Investment** |   | **Maintenance,                    replacement** |   | **Supervision                    and operation** |   | **Note** |   |
|--|--------|----------------|--------|-------------------------------------------------|--------|--------------------------------------------------|--------|----------|--------|

| Office                machines                                                                         |   | HG     |   | HG     |   | HG     |   |                                                   |   |
|--------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------------------------------------------------------|--------|
| Signs                for the tennants purpose                                                          |   | HG     |   | HG     |   | HG     |   |                                                   |   |
| Coffee                machines, water dispensers                                                       |   | HG     |   | HG     |   | HG     |   |                                                   |   |
| Konference                room funishings                                                              |   | HG     |   | HG     |   | HG     |   |                                                   |   |
| Cleaning                equipment                                                                      |   | HG     |   | HG     |   | HG     |   |                                                   |   |
| Reception                desks                                                                         |   | HG     |   | HG     |   | HG     |   |                                                   |   |
| Other                loose furnishings and interior design details withing the                premisis |   | HG     |   | HG     |   | HG     |   |                                                   |   |
|                                                                                                   |   |   |   |   |   |   |   |                                                   |   |
| ***Technical                installations***                                                           |   |   |   |   |   |   |   |                                                   |   |
|                                                                                                   |   |   |   |   |   |   |   |                                                   |   |
| **Security                and alarms**                                                                 |   |   |   |   |   |   |   |                                                   |   |
| Building                fire protection (government requirements)                                      |   | U      |   | U      |   | U      |   |                                                   |   |
| Fire                protection other                                                                   |   | HG     |   | HG     |   | HG     |   |                                                   |   |
| Wall                barrier building, protection class 2 up to 4 meters                                |   | U      |   | U      |   | U      |   |                                                   |   |
| Lock                and enrtry systems                                                                 |   | U      |   | U      |   | U      |   | Entre                fasad                             |   |
| Tennants                own card and entry systems                                                     |   | HG     |   | HG     |   | HG     |   |                                                   |   |
| Burglary                alarm                                                                          |   | HG     |   | HG     |   | HG     |   |                                                   |   |
| Evacuation                alarm RWC (building requirment)                                              |   | U      |   | U      |   | HG     |   |                                                   |   |
| Buildings                operations alarm                                                              |   | U      |   | U      |   | U      |   |                                                   |   |
| Tennants                operations alarm                                                               |   | HG     |   | HG     |   | HG     |   |                                                   |   |
| **Telephone                equipment**                                                                 |   |   |   |   |   |   |   |                                                   |   |
| Central                equipment                                                                       |   | HG     |   | HG     |   | HG     |   |                                                   |   |
| Electrical                network                                                                      |   | U      |   | HG     |   | HG     |   |                                                   |   |
| Equipment                                                                                              |   | HG     |   | HG     |   | HG     |   |                                                   |   |
|                                                                                                   |   |   |   |   |   |   |   |                                                   |   |
| **Data                communication**                                                                  |   |   |   |   |   |   |   |                                                   |   |
| Base                netork, fiber, copper                                                              |   | U      |   | U      |   | U      |   | Only                to KK-room                         |   |
| Internal                network, copper                                                                |   | U      |   | HG     |   | HG     |   |                                                   |   |
| Poles                                                                                                  |   | U      |   | HG     |   | HG     |   | For                60 workstations + 12 st extra poles |   |
| Channalization                                                                                         |   | U      |   | U      |   | U      |   |                                                   |   |
|                                                                                                   |   |   |   |   |   |   |   |                                                   |   |
| **Other                communication equipement**                                                      |   |   |   |   |   |   |   |                                                   |   |
| PA                and AV-equipment                                                                     |   | HG     |   | HG     |   | HG     |   |                                                   |   |
| Internal-TV                with the rented premises                                                    |   | HG     |   | HG     |   | HG     |   |                                                   |   |
| Cabel                TV                                                                                |   | HG     |   | HG     |   | HG     |   |                                                   |   |
| Antenna                outlets                                                                         |   | U      |   | HG     |   | HG     |   |                                                   |   |

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|  |   | **Investment** |   | **Maintenance,                  replacement** |   | **Supervision                  and operation** |   | **Note** |   |
|--|--------|----------------|--------|-----------------------------------------------|--------|------------------------------------------------|--------|----------|--------|

| **Electrical                  installations** |   |  |   |   |   |  |   |   |   |
|-----------------------------------------------|--------|--|--------|--------|--------|--|--------|--------|--------|

| Generella                electrical equipment                                            |   | U      |   | U      |   | U      |   |                                                        |   |
|------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|-------------------------------------------------------------|--------|
| Lighting                for common areas                                                 |   | U      |   | U      |   | HG     |   | HG                changes all light bulbs                   |   |
| Workstation                lighting                                                      |   | HG     |   | HG     |   | HG     |   |                                                        |   |
|                                                                                     |   |   |   |   |   |   |   |                                                        |   |
| **Pipes-installations                air conditioning**                                  |   |   |   |   |   |   |   |                                                        |   |
| Heating-,                water- and ventilation equipment                                |   | U      |   | U      |   | U      |   |                                                        |   |
| Sprinkler                equipment                                                       |   | U      |   | U      |   | U      |   |                                                        |   |
| Airconditioning                KK-rum 3 kW                                               |   | U      |   | HG     |   | HG     |   |                                                        |   |
|                                                                                     |   |   |   |   |   |   |   |                                                        |   |
| **Fire                protection equipement**                                            |   |   |   |   |   |   |   |                                                        |   |
| Evacuation                signs                                                          |   | U      |   | U      |   | HG     |   |                                                        |   |
| Evacuation                plans - maps                                                   |   | HG     |   | HG     |   | HG     |   |                                                        |   |
| Fire                extinguishers                                                        |   | HG     |   | HG     |   | HG     |   |                                                        |   |
|                                                                                     |   |   |   |   |   |   |   |                                                        |   |
| ***Maintenance                and operations***                                          |   |   |   |   |   |   |   |                                                        |   |
| Window                washing, openable                                             |   |   |   |   |   | HG     |   |                                                        |   |
| Window                washing, non-openable                                              |   |        |   |        |   | U      |   | End                utsidan.2                ggr per år |   |
| Cleaning,                surfaces                                                        |   |   |   |   |   | U      |   |                                                        |   |
| Snow                removal, not outside areas                                           |   |   |   |   |   | U      |   |                                                        |   |
| Floor                surfaces, walls andfurnishings                maintained by tennant |   |   |   | HG     |   | HG     |   |                                                        |   |

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** **

**ROOM      AND TECHNICAL DESCRIPTION**

**Appendix      4 Lease Agreement:**

**Lessor:      NCC Property G AB**

**Lessee:      Neonode AB**

**Address      of the premises: Warfvingesväg 41, Stockholm, Sweden**

**Room      description**

**Office/      Open-plan layout/ Passageway**

** **

**Conference      room**

** **

**Photocopying      room**

** **

**Reception/      lobby/ waiting room/break**

** **

**Pantry/Lunchroom      (1 room) (food preparation not possible)**

** **

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**WC**

**Cleaning      cupboard**

**Storage      room**

**Laboratory**

**Server      room/Cooling room**

**Technical      description**

**Building**

**Heating,      cooling, ventilation**

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**Sound,      Acoustics**

**Lighting**

**Electricity      **

**Safety      and Security**

**Data/telecommunications**

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