Document:

Unassociated Document

    CONSULTING
      AGREEMENT 

     

    THIS
      AGREEMENT (“Agreement”),
      effective as of the 4th
      day of
      August, 2006 (the "Effective
      Date"),
      by
      and between Energtek
      Products Ltd.
      (“the
      Company”)
      a
      Company registered in Israel with address at 1 Azrieli Center, Round Tower,
      38th Floor, Tel Aviv 67021, Israel and Conertech Ltd (“the
      Consultant”)
      a
      company registered in Israel and having its principle place of business at
      Em
      Hamoshavot 94, Petach Tikva, Israel

     

    WHEREAS,
      Consultant is engaged in the business of providing services related to the
      design and execution of alternative energy technology; and

     

    WHEREAS,
      the
      Company desires to engage the Consultant to perform certain services in the
      field of alternative energy (“Services”)
      as set
      forth hereunder, all in accordance with and subject to the terms of this
      Agreement;

     

    NOW,
      THEREFORE,
      IN
      CONSIDERATION OF THE PREMISES AND THE MUTUAL COVENANTS AND CONDITIONS
      HEREINAFTER SET FORTH, THE PARTIES AGREE AS FOLLOWS:

     

    
      	1.  	
              PROJECT
                SPECIFICATIONS

            

    

     

    Consultant
      hereby agrees to perform those precise services to be mutually agreed upon
      by
      the Parties and set forth in one or more task orders (each a “Task
      Order”),
      a
      form of which is attached hereto as Exhibit
      A.
      Each
      Task Order shall be signed by an authorized representative of each party and
      shall include detailed information concerning a given project, including a
      description of the specific services to be provided (“Scope
      of Work”),
      project milestones and target completion dates (“Project
      Schedule”),
      a
      detailed budget (“Project
      Budget”),
      and a
      schedule of payments related to the Project Schedule and the Project Budget
      (“Payment
      Schedule”).
      

     

     

    
      	2.  	
              PROJECT
                SCHEDULE

            

    

     

    
      	2.1.  	
              Each
                Task Order shall contain project timelines, milestones or target
                dates for
                completion of a project or a portion thereof, and all such schedules
                shall
                be reasonable for the Services to be provided. In all events, the
                Parties
                shall use their reasonable best efforts to comply with each Task
                Order.

            

    

     

    
      	2.2.  	
              If
                at any time either Party anticipates a delay in meeting the timelines
                for
                a given Task Order as set forth in its Project Schedule, either due
                to
                changes to the Services requested by the Company, or other causes,
                then
                the anticipating Party shall promptly notify the other Party in writing,
                specifying the reason for the delay and the anticipated effect upon
                the
                timelines, milestones or other
                deliverables.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	3.  	
              CHANGE
                ORDERS

            

    

     

    Any
      change in the details of a Task Order or the assumptions upon which the Task
      Order is based may require changes in the Project Budget, Payment Schedule
      or
      Project Schedule. Every such change shall require a written amendment to the
      Task Order (a “Change
      Order”).
      Each
      Change Order shall detail the requested changes to the applicable task,
      responsibility, duty, budget, timeline or other matter. The Change Order will
      become effective upon the execution of the Change Order by both Parties, and
      the
      Change Order will specify
      the period of time within which Consultant must implement the changes. Both
      Parties agree to act in good faith and promptly when considering a Change Order
      requested by the other party but neither party is obligated to execute a Change
      Order. No Change Order shall become effective unless and until it is signed
      by
      both Parties.

     

     

    
      	4.  	
              PROJECT
                BUDGET, PAYMENT SCHEDULE, AND
                TERMS

            

    

     

    
      	4.1.  	
              The
                Company agrees to pay the Consultant for the Services rendered pursuant
                to
                the Project Budget and Payment Schedules included in each Task
                Order.

            

    

     

    
      	4.2.  	
              The
                Company agrees to reimburse the Consultant for reasonable pass-through
                expenses identified in the Task Order and incurred by the Consultant
                in
                providing the Services in accordance with the relevant Task Order,
                up
                until the pre agreed cap sum agreed ("Expenses")
                as specified in the relevant Task Order. All Expenses billed to the
                Company by the Consultant must be accompanied by appropriate documentary
                evidence, such as receipts or other documentation reasonably acceptable
                to
                the Company. 

            

    

     

    
      	4.3.  	
              The
                Company shall pay the Consultant as specified in the relevant Task
                Order
                after receipt of a written invoice and required supporting documentation
                as applicable. 

            

    

     

    
       

      
        	5.  	
                
                  REPORTS

                

              

      

       

    

    The
      Consultant shall submit to the Company on a monthly basis a report which shall
      set forth in detail the following data for that period: (i) the nature and
      the
      results of the Services; (ii) Expenses (as defined herein) incurred; and (iii)
      the number of hours and days during which the Services were
      rendered.

     

     

    
      	6.  	
              TERMINATION

            

    

     

    
      	6.1.  	
              Either
                party may terminate this Agreement without cause immediately upon
                giving
                the other party a 30 day prior written notice of such termination,
                provided such termination shall not in and of itself affect any then
                uncompleted Task Order.

            

    

     

    
      	6.2.  	
              As
                soon as practicable, after receipt of such notice, the parties shall
                cooperate in good faith to agree on a plan to expeditiously conclude
                its
                activities with respect to such matter. Consultant shall transfer
                to the
                Company all information in any and all formats available, including
                electronic format and computer files and programs, in Consultant’s
                possession.

            

    

     

    
      	6.3  	
              
                The
                  Consultant may terminate a Task Order only if the Company has defaulted
                  on
                  its obligations hereunder and has not cured such default within
                  10 days
                  after written notice if the default is the failure to pay the Consultant
                  any amount due thereunder or within 30 days after written notice
                  in the
                  event of any other default, upon giving the Company notice of such
                  termination. As soon as practicable, after receipt of such notice,
                  the
                  parties shall cooperate in good faith to agree on a plan to expeditiously
                  conclude its activities with respect to such matter. The Consultant
                  shall
                  transfer to the Company or to the Company’s designee all information in
                  any and all formats available, including electronic format and
                  computer
                  files and programs, in Consultant’s
                  possession.

              

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	6.4  	
              
                In
                  the event of any termination of a Task Order before completion,
                  the
                  Company agrees to pay the Consultant for all Services rendered
                  pursuant to
                  the unfinished Task Order prior to such termination and any non-cancelable
                  expenses incurred in connection with Consultant’s performance of Services
                  thereunder. As soon as reasonably practicable following receipt
                  of a
                  termination notice, Consultant shall submit an itemized accounting
                  of
                  Services performed, expenses incurred pursuant to performance of
                  the
                  Services, non-cancelable expenses incurred by Consultant relating
                  to any
                  unfinished Task Order, and payments received in order to determine
                  a
                  balance to be paid by either Party to the other. Such balance shall
                  be
                  paid within 45 days of receipt of such an itemized accounting by
                  the
                  Company.

              

            

    

     

     

    
      	7.  	
              CONFIDENTIALITY

            

    

    
       

      	7.1  	
              The
                Consultant shall not disclose or appropriate to its own use, or to
                the use
                of any third party, any Proprietary Information (as hereinafter defined)
                of the Company of which Consultant has been or hereafter becomes
                informed,
                whether or not developed by the Consultant.

               

              “Proprietary
                Information”
                shall mean confidential and proprietary information concerning the
                business and financial activities of the Company, including, inter
                alia,
                Company’s product research and development, Company’s banking,
                investments, investors, properties, employees, marketing plans, customers,
                trade secrets, and test results, processes, data, know-how, improvements,
                inventions, techniques and products (actual or planned), whether
                documentary, written, oral or computer generated. However,
                excluded from the above is any information that (i) is or shall become
                part of the public knowledge except as a result of the breach of
                Consultant's undertakings towards the Company; (ii) as shown by written
                records, is received by the Consultant from a third party exempt
                from
                confidentiality undertakings towards the Company; (iii) as shown
                by
                written records, is independently created by the Consultant without
                use of
                Proprietary Information of the Company; or (iv) the Consultant is
                compelled by court or government action pursuant to applicable law
                to
                disclose such information, provided, however, that the Consultant
                gives
                the Company prompt notice thereof so that it may seek a protective
                order
                or other appropriate remedy, after providing the Company with written
                notice.

            

      
         

        	7.2  	
                The
                  Consultant will use the Proprietary Information solely to perform
                  the
                  Services for the benefit of the Company. The Consultant shall treat
                  all
                  Proprietary Information with the same degree of care as the Consultant
                  accords to his own confidential and/or proprietary information,
                  and the
                  Consultant represents that it shall exercise reasonable care to
                  protect
                  its own confidential and/or proprietary
                  information.

              

        
          
             

            	7.3  	
                    Upon
                      termination of its engagement with the Company, the Consultant
                      will
                      promptly deliver to the Company all documents and materials
                      of any nature
                      pertaining to its work with the Company. The Consultant shall
                      be entitled
                      to maintain a copy of such documents and materials for archival
                      purposes,
                      other than copies of any such documents or materials containing
                      any
                      Proprietary Information.

                  

            
              
                 

                
                  
                    
                    

                  

                  
                    
                    

                    
                      

                    

                  

                  
                    
                    

                  

                

                 

                	7.4  	
                        The
                          Consultant recognizes that the Company received and will
                          receive
                          confidential and/or proprietary information from third
                          parties subject to
                          a duty on the part of the Company to maintain the confidentiality
                          of such
                          information and to use it only for certain limited purposes.
                          The
                          exceptions set forth in Section 7.1 above shall apply to
                          such information,
                          mutatis mutandis. The Consultant undertakes to keep and
                          hold all such
                          information in strict confidence and trust, and it will
                          not use or
                          disclose any of such information without the prior written
                          consent of the
                          Company, except as may be necessary to perform its duties
                          hereunder. Upon
                          termination of its engagement with the Company, the Consultant
                          shall act,
                          with respect to such information, as set forth in Section
                          7.3, mutatis
                          mutandis.

                      

                
                   

                  	7.5  	
                          The
                            Consultant’s undertakings under this Section 7 shall survive termination
                            of this Agreement or of any renewal
                            thereof.

                        

                  
                     

                     

                  

                

              

            

          

        

      

    

    
      	8.  	
              INTELLECTUAL
                PROPERTY RIGHTS

            

    

     

    
      	8.1  	
              The
                Consultant agrees that all Company Intellectual Property (as defined
                below) is work made for hire and will be the sole and exclusive property
                of the Company.

            

      
         

        
          	8.2  	
                  The
                    Consultant shall disclose promptly to the Company or its nominee,
                    any and
                    all inventions, designs, original works of authorship, formulas,
                    concepts,
                    techniques, processes, formulas, trade secrets, discoveries and
                    improvements conceived or made by the Consultant in the course
                    of
                    providing the Company with the Services and in connection thereof
                    during
                    the term of this Agreement (“Company
                    Intellectual Property”),
                    and hereby assigns and agrees to assign to the Company or its
                    nominee all
                    its interest, in any Company Intellectual Property. The Consultant
                    agrees
                    to assist the Company in every proper way to obtain and enforce
                    patents,
                    copyrights, mask work rights, and other legal protections for
                    the Company
                    Intellectual Property in any and all countries, at the Company's
                    expense.
                    Whenever requested to do so by the Company, the Consultant will
                    execute
                    any documents that the Company may reasonably request for use
                    in obtaining
                    or enforcing or extending or renewing such patents, copyrights,
                    mask work
                    rights, trade secrets and other legal protections. The obligations
                    in this
                    Section 8 shall be binding upon Consultant’s assigns, executors,
                    administrators and other legal representatives.
                    

                

          
            
               

              
                	8.3  	
                        Consultant’s
                          undertakings under this Section 8 shall remain in full
                          force and effect
                          after termination of this Agreement or any renewal thereof.
                          

                      

                 

                 

              

            

          

        

      

    

    
      	9.  	
              ENTIRE
                AGREEMENT

            

    

     

    This
      Agreement contains the full understanding of the Parties with respect to the
      subject matter hereof and supersedes all existing agreements and all other
      oral,
      written or other communications between the Parties concerning the subject
      matter hereof. This Agreement shall not be amended, modified or supplemented
      in
      any way except in writing and signed by a duly authorized representative of
      the
      Company and the Consultant.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	10.  	
              GOVERNING
                LAW

            

    

     

    This
      Agreement and the performance hereof shall be governed, interpreted and
      construed in all respects by the internal laws of the State of Israel. All
      disputes and claims arising under this Agreement or any Task Order shall be
      resolved exclusively in a court of applicable jurisdiction located in Tel Aviv,
      Israel and each party consents to the venue of any such action.

     

    
      	11.  	
              NO
                WAIVER

            

    

     

    No
      waiver
      of any term, provision, or condition of this Agreement whether by conduct or
      otherwise in any one or more instances shall be deemed to be or construed as
      a
      further or continuing waiver of any such term, provisions, or conditions, or
      of
      any other term, provision, or condition of this Agreement.

     

     

    
      	12.  	
              INDEPENDENT
                CONTRACTOR

            

    

     

    In
      fulfilling its obligations pursuant to this Agreement, each Party shall be
      acting as an independent contractor. Neither Party is granted any right or
      authority to assume or to create any obligation or responsibility, expressed
      or
      implied, on behalf of or in the name of the other Party.

     

     

    
      	13.  	
              SEVERABILITY

            

    

     

    In
      the
      event any provision of this Agreement shall be determined to be void or
      unenforceable, the remaining provisions shall remain in full force and
      effect.

     

     

    
      	14.  	
              ASSIGNMENT

            

    

     

    
      	 	
              14.1

            	
              Except
                as set forth herein, neither Party shall assign this Agreement or
                any Task
                Order except with the express prior written consent of the other
                Party.

            

    

    

    
      	 	
              14.2

            	
              Notwithstanding
                anything contained herein: (i) the Company may assign this Agreement
                and/or any Task Order to any Affiliate, provided that the assigning
                Party
                remains fully liable for all liabilities and obligations under this
                Agreement and any such Task Order; (ii) the Company may assign this
                Agreement and/or any Task Order to a Successor; and (iii) the Consultant
                may engage one or more subcontractors to perform some or all of the
                Services to be rendered, provided such are approved in advance by
                the
                Company.

            

    

    

    
      	 	
              14.3

            	
              As
                used herein, “Affiliate” means in relation to a Party, any entity
                controlling such Party, controlled by such Party, or under common
                control
                with such Party; and “Successor” means any entity which acquires all or
                substantially all assets of a Party or any entity into which a Party
                is
                merged.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	15.  	
              CONFLICTS
                BETWEEN AGREEMENTS

            

    

     

    In
      the
      event that there is any conflict between the provisions of this Agreement and
      any duly executed Task Order, the duly executed Task Order (but not any
      attachment there to) shall control.

     

     

    
      	16.  	
              COMMUNICATIONS

            

    

     

    Each
      notice, demand, request, approval or communication ("Notice")
      which
      is or may be required to be given by any party to any other party in connection
      with this Agreement and the transactions contemplated hereby, shall be in
      writing, and given by personal delivery, certified mail, return receipt
      requested, prepaid, email or by overnight express mail delivery and properly
      addressed to the party to be served at such address as set forth hereunder.
      Notices shall be effective on the date delivered personally, the next day if
      delivered by overnight express mail or by email or three days after the date
      mailed by certified mail. 

    

    If
      to the
      Company:

    

    
      	
              Address:

              Azrieli
                Center, Round Tower, 38th Floor, Tel Aviv 67021, Israel

            
	 
	
              Email:
                YDYM@Bezeqint.net

            
	 
	
              Attention:
                Yoram Drucker 

            

    

    

     

    If
      to the
      Consultant:

    

    
      	
              Address

              Em
                Hamoshavot 94, Petach Tikva, Israel

            
	 
	
              Email:
                Office@conertech.com

            
	 
	
              Attention:
                Yochanan Yuval

            

    

    

    

    Signatures
      follow in next page

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the Parties have executed this Agreement as of the date first
      set forth above.

     

    

    
      	
              Energtek
                Products Ltd.

            	
              Conertech
                Ltd.

            
	
              By:
                

              (Print
                Name)

            	
              By:
                

              (Print
                Name)

            
	 	 
	
              Title:
                

            	
              Title:
                

            
	 	 
	
              Signature:
                _______________

            	
              Signature:
                _______________

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      A

    

    FORM
      OF TASK ORDER

    

    Consultant
      Task Order:
      4th
      September 2006

     

    This
      Task
      Order is between Energtek Products Ltd. (“Company”),
      and
      Conertech Ltd.. (“Consultant”).

     

    WHEREAS,
      Consultant and Company have entered into that certain Consulting Agreement
      dated
      4th
      September 2006 (“Consulting
      Agreement”);
      and

     

    WHEREAS,
      pursuant
      to the Consulting Agreement, Consultant has agreed to perform certain Services
      in accordance with Task Orders from time to time entered into by the Parties
      and
      Company and Consultant now desire to enter into such a Task Order;
      and

     

    NOW,
      THEREFORE,
      in
      consideration of the mutual covenants contained herein, the Parties hereby
      agree
      as follows:

    

    
      	1.  	
              Scope
                of Work:
                Consultant shall perform the Services described in the Scope of Work,
                attached hereto as Appendix 1, in accordance with the Project Schedule,
                attached hereto as Appendix 2 and any other documents attached to
                and
                specifically referenced in this Task Order (“Services”)

            

    

    

    
      	2.  	
              Compensation:
                For performance of these Services, Company shall pay to Consultant
                an
                amount equal to the Project Budget set forth in Appendix 3, which
                amount
                shall be payable pursuant to the Payment Schedule set forth in Appendix
                4.
                

            

    

    

    
      	3.  	
              The
                provisions of the Consulting Agreement are hereby expressly incorporated
                by reference into and made a part of this Task
                Order.

            

    

     

    IN
      WITNESS WHEREOF,
      the
      Parties have hereunto signed this Task Order effective as of the day and year
      first written above.

     

    
      	
              Energtek
                Products Ltd.

            	
              Conertech
                Ltd.

            
	
               

              By:
                

              (Print
                Name)

            	
              By:
                _________________

              (Print
                Name)

            
	 	 
	
              Title:

            	
              Title:

            
	 	 
	
              Signature:
                _______________

            	
              Signature:
                _______________

            
	 	 
	
              List of Appendices:

              Appendix 1: Scope of Work

              Appendix 2: Project
                Schedule

            	
              Appendix 3: Project Budget

              Appendix 4: Payment
                Schedule

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Appendix
      1: Scope of Work

    

    Review
      of
      Patents on Photovoltaic Cells - Multi-junction and varizone thin film PV cells.
      

    First
      report will contain a short summary of the review of the most recent 50
      patents.

    Second
      report will contain review of the said patents. 

    Third
      report to include review of additional 30 patents.

    

    

    Appendix
      2: Project Schedule

    

    Start
      of
      Project: 5th
      September 2006 

    End
      of
      Project: Not later than 30th
      September 2006

    

    

    Appendix
      3: Project Budget

    

    Thirty
      two thousand (32,000) US Dollars plus Value Added Tax

    

    

    Appendix
      4: Payment Schedule

     

     

    
      	 	1.	
              Payment
                of $10,000 not later than September 7.

            
	 	2.	
              Additional
                payment of $10,000 upon delivery of second report

            
	 	3.	
              Additional
                payment of $12,000 upon delivery of third report.

            
	 	Company has the right to
              stop this
              agreement upon receiving the second report and paying the amount above
              stipulated for the first and second report.
	 	Each of the payments has
              to include
              also the payment for Value Added Tax.Unassociated Document

    CONSULTING
      AGREEMENT 

     

    THIS
      AGREEMENT (“Agreement”),
      effective as of the 5th
      day of
      August, 2006 (the "Effective
      Date"),
      by
      and between Energtek
      Products Ltd.
      (“the
      Company”)
      a
      Company registered in Israel with address at 1 Azrieli Center, Round Tower,
      38th Floor, Tel Aviv 67021, Israel and Angstore Technologies Ltd (“the
      Consultant”)
      a
      company registered in Israel with address at 7 Haofe St., Southern Industrial
      Area, Ashkelon, Israel

     

    WHEREAS,
      Consultant is engaged in the business of providing services related to the
      design and execution of alternative energy technology; and

     

    WHEREAS,
      the
      Company desires to engage the Consultant to perform certain services in the
      field of alternative energy (“Services”)
      as set
      forth hereunder, all in accordance with and subject to the terms of this
      Agreement;

     

    NOW,
      THEREFORE,
      IN
      CONSIDERATION OF THE PREMISES AND THE MUTUAL COVENANTS AND CONDITIONS
      HEREINAFTER SET FORTH, THE PARTIES AGREE AS FOLLOWS:

     

    
      	1.  	
              PROJECT
                SPECIFICATIONS

            

    

     

    Consultant
      hereby agrees to perform those precise services to be mutually agreed upon
      by
      the Parties and set forth in one or more task orders (each a “Task
      Order”),
      a
      form of which is attached hereto as Exhibit
      A.
      Each
      Task Order shall be signed by an authorized representative of each party and
      shall include detailed information concerning a given project, including a
      description of the specific services to be provided (“Scope
      of Work”),
      project milestones and target completion dates (“Project
      Schedule”),
      a
      detailed budget (“Project
      Budget”),
      and a
      schedule of payments related to the Project Schedule and the Project Budget
      (“Payment
      Schedule”).
      

     

     

    
      	2.  	
              PROJECT
                SCHEDULE

            

    

     

    
      	2.1.  	
              Each
                Task Order shall contain project timelines, milestones or target
                dates for
                completion of a project or a portion thereof, and all such schedules
                shall
                be reasonable for the Services to be provided. In all events, the
                Parties
                shall use their reasonable best efforts to comply with each Task
                Order.

            

    

     

    
      	2.2.  	
              If
                at any time either Party anticipates a delay in meeting the timelines
                for
                a given Task Order as set forth in its Project Schedule, either due
                to
                changes to the Services requested by the Company, or other causes,
                then
                the anticipating Party shall promptly notify the other Party in writing,
                specifying the reason for the delay and the anticipated effect upon
                the
                timelines, milestones or other
                deliverables.

            

    

     

     

    
      
        Consulting
          Agreement

      

      
        Page
          1

        
          

        

      

      
        
        

      

    

     

    
      	3.  	
              CHANGE
                ORDERS

            

    

     

    Any
      change in the details of a Task Order or the assumptions upon which the Task
      Order is based may require changes in the Project Budget, Payment Schedule
      or
      Project Schedule. Every such change shall require a written amendment to the
      Task Order (a “Change
      Order”).
      Each
      Change Order shall detail the requested changes to the applicable task,
      responsibility, duty, budget, timeline or other matter. The Change Order will
      become effective upon the execution of the Change Order by both Parties, and
      the
      Change Order will specify
      the period of time within which Consultant must implement the changes. Both
      Parties agree to act in good faith and promptly when considering a Change Order
      requested by the other party but neither party is obligated to execute a Change
      Order. No Change Order shall become effective unless and until it is signed
      by
      both Parties.

     

     

    
      	4.  	
              PROJECT
                BUDGET, PAYMENT SCHEDULE, AND
                TERMS

            

    

     

    
      	4.1.  	
              The
                Company agrees to pay the Consultant for the Services rendered pursuant
                to
                the Project Budget and Payment Schedules included in each Task
                Order.

            

    

     

    
      	4.2.  	
              The
                Company agrees to reimburse the Consultant for reasonable pass-through
                expenses identified in the Task Order and incurred by the Consultant
                in
                providing the Services in accordance with the relevant Task Order,
                up
                until the pre agreed cap sum agreed ("Expenses")
                as specified in the relevant Task Order. All Expenses billed to the
                Company by the Consultant must be accompanied by appropriate documentary
                evidence, such as receipts or other documentation reasonably acceptable
                to
                the Company. 

            

    

     

    
      	4.3.  	
              The
                Company shall pay the Consultant as specified in the relevant Task
                Order
                after receipt of a written invoice and required supporting documentation
                as applicable. 

            

    

     

    
      	5.  	
              REPORTS

            

    

     

    The
      Consultant shall submit to the Company on a monthly basis a report which shall
      set forth in detail the following data for that period: (i) the nature and
      the
      results of the Services; (ii) Expenses (as defined herein) incurred; and (iii)
      the number of hours and days during which the Services were
      rendered.

     

     

    
      	6.  	
              TERMINATION

            

    

     

    
      	6.1.  	
              Either
                party may terminate this Agreement without cause immediately upon
                giving
                the other party a 30 day prior written notice of such termination,
                provided such termination shall not in and of itself affect any then
                uncompleted Task Order.

            

    

     

    
      	6.2.  	
              As
                soon as practicable, after receipt of such notice, the parties shall
                cooperate in good faith to agree on a plan to expeditiously conclude
                its
                activities with respect to such matter. Consultant shall transfer
                to the
                Company all information in any and all formats available, including
                electronic format and computer files and programs, in Consultant’s
                possession.

            

    

    
       

      	6.3  	
              
                The
                  Consultant may terminate a Task Order only if the Company has defaulted
                  on
                  its obligations hereunder and has not cured such default within
                  10 days
                  after written notice if the default is the failure to pay the Consultant
                  any amount due thereunder or within 30 days after written notice
                  in the
                  event of any other default, upon giving the Company notice of such
                  termination. As soon as practicable, after receipt of such notice,
                  the
                  parties shall cooperate in good faith to agree on a plan to expeditiously
                  conclude its activities with respect to such matter. The Consultant
                  shall
                  transfer to the Company or to the Company’s designee all information in
                  any and all formats available, including electronic format and
                  computer
                  files and programs, in Consultant’s
                  possession.

              

            

      
         

         

        
          
            Consulting
              Agreement

          

          
            Page
              2

            
              

            

          

          
            
            

          

        

         

        	6.4  	
                
                  In
                    the event of any termination of a Task Order before completion,
                    the
                    Company agrees to pay the Consultant for all Services rendered
                    pursuant to
                    the unfinished Task Order prior to such termination and any non-cancelable
                    expenses incurred in connection with Consultant’s performance of Services
                    thereunder. As soon as reasonably practicable following receipt
                    of a
                    termination notice, Consultant shall submit an itemized accounting
                    of
                    Services performed, expenses incurred pursuant to performance
                    of the
                    Services, non-cancelable expenses incurred by Consultant relating
                    to any
                    unfinished Task Order, and payments received in order to determine
                    a
                    balance to be paid by either Party to the other. Such balance
                    shall be
                    paid within 45 days of receipt of such an itemized accounting
                    by the
                    Company.

                

              

      

       

       

    

    
      	7.  	
              CONFIDENTIALITY

            

    

    
       

      	7.1  	
              
                The
                  Consultant shall not disclose or appropriate to its own use, or
                  to the use
                  of any third party, any Proprietary Information (as hereinafter
                  defined)
                  of the Company of which Consultant has been or hereafter becomes
                  informed,
                  whether or not developed by the Consultant.

                 

                “Proprietary
                  Information”
                  shall mean confidential and proprietary information concerning
                  the
                  business and financial activities of the Company, including, inter
                  alia,
                  Company’s product research and development, Company’s banking,
                  investments, investors, properties, employees, marketing plans,
                  customers,
                  trade secrets, and test results, processes, data, know-how, improvements,
                  inventions, techniques and products (actual or planned), whether
                  documentary, written, oral or computer generated. However,
                  excluded from the above is any information that (i) is or shall
                  become
                  part of the public knowledge except as a result of the breach of
                  Consultant's undertakings towards the Company; (ii) as shown by
                  written
                  records, is received by the Consultant from a third party exempt
                  from
                  confidentiality undertakings towards the Company; (iii) as shown
                  by
                  written records, is independently created by the Consultant without
                  use of
                  Proprietary Information of the Company; or (iv) the Consultant
                  is
                  compelled by court or government action pursuant to applicable
                  law to
                  disclose such information, provided, however, that the Consultant
                  gives
                  the Company prompt notice thereof so that it may seek a protective
                  order
                  or other appropriate remedy, after providing the Company with written
                  notice.

              

            

      
        
           

          	7.2  	
                  
                    The
                      Consultant may terminate a Task Order only if the Company has
                      defaulted on
                      its obligations hereunder and has not cured such default within
                      10 days
                      after written notice if the default is the failure to pay the
                      Consultant
                      any amount due thereunder or within 30 days after written notice
                      in the
                      event of any other default, upon giving the Company notice
                      of such
                      termination. As soon as practicable, after receipt of such
                      notice, the
                      parties shall cooperate in good faith to agree on a plan to
                      expeditiously
                      conclude its activities with respect to such matter. The Consultant
                      shall
                      transfer to the Company or to the Company’s designee all information in
                      any and all formats available, including electronic format
                      and computer
                      files and programs, in Consultant’s
                      possession.

                  

                

          
            
               

              	7.3  	
                      
                        Upon
                          termination of its engagement with the Company, the Consultant
                          will
                          promptly deliver to the Company all documents and materials
                          of any nature
                          pertaining to its work with the Company. The Consultant
                          shall be entitled
                          to maintain a copy of such documents and materials for
                          archival purposes,
                          other than copies of any such documents or materials containing
                          any
                          Proprietary Information.

                      

                    

              
                 

                 

                
                  
                    Consulting
                      Agreement

                  

                  
                    Page
                      3

                    
                      

                    

                  

                  
                    
                    

                  

                

                 

                
                  	7.4  	
                          
                            The
                              Consultant recognizes that the Company received and
                              will receive
                              confidential and/or proprietary information from third
                              parties subject to
                              a duty on the part of the Company to maintain the confidentiality
                              of such
                              information and to use it only for certain limited
                              purposes. The
                              exceptions set forth in Section 7.1 above shall apply
                              to such information,
                              mutatis mutandis. The Consultant undertakes to keep
                              and hold all such
                              information in strict confidence and trust, and it
                              will not use or
                              disclose any of such information without the prior
                              written consent of the
                              Company, except as may be necessary to perform its
                              duties hereunder. Upon
                              termination of its engagement with the Company, the
                              Consultant shall act,
                              with respect to such information, as set forth in Section
                              7.3, mutatis
                              mutandis.

                          

                        

                

                
                   

                  	7.5  	
                          
                            The
                              Consultant’s undertakings under this Section 7 shall survive termination
                              of this Agreement or of any renewal
                              thereof.

                          

                        

                   

                   

                

              

            

          

        

      

    

    
      	8.  	
              INTELLECTUAL
                PROPERTY RIGHTS

            

    

    
       

      	8.1  	
              
                The
                  Consultant agrees that all Company Intellectual Property (as defined
                  below) is work made for hire and will be the sole and exclusive
                  property
                  of the Company.

              

            

       

      
        	8.2  	
                
                  The
                    Consultant shall disclose promptly to the Company or its nominee,
                    any and
                    all inventions, designs, original works of authorship, formulas,
                    concepts,
                    techniques, processes, formulas, trade secrets, discoveries and
                    improvements conceived or made by the Consultant in the course
                    of
                    providing the Company with the Services and in connection thereof
                    during
                    the term of this Agreement (“Company
                    Intellectual Property”),
                    and hereby assigns and agrees to assign to the Company or its
                    nominee all
                    its interest, in any Company Intellectual Property. The Consultant
                    agrees
                    to assist the Company in every proper way to obtain and enforce
                    patents,
                    copyrights, mask work rights, and other legal protections for
                    the Company
                    Intellectual Property in any and all countries, at the Company's
                    expense.
                    Whenever requested to do so by the Company, the Consultant will
                    execute
                    any documents that the Company may reasonably request for use
                    in obtaining
                    or enforcing or extending or renewing such patents, copyrights,
                    mask work
                    rights, trade secrets and other legal protections. The obligations
                    in this
                    Section 8 shall be binding upon Consultant’s assigns, executors,
                    administrators and other legal representatives.
                    

                

              

      

    

    
       

      	8.3  	
              
                Consultant’s
                  undertakings under this Section 8 shall remain in full force and
                  effect
                  after termination of this Agreement or any renewal thereof.
                  

              

            

       

    

     

    
      	9.  	
              ENTIRE
                AGREEMENT

            

    

     

    This
      Agreement contains the full understanding of the Parties with respect to the
      subject matter hereof and supersedes all existing agreements and all other
      oral,
      written or other communications between the Parties concerning the subject
      matter hereof. This Agreement shall not be amended, modified or supplemented
      in
      any way except in writing and signed by a duly authorized representative of
      the
      Company and the Consultant.

     

     

    
      
        Consulting
          Agreement

      

      
        Page
          4

        
          

        

      

      
        
        

      

    

     

    
      	10.  	
              GOVERNING
                LAW

            

    

     

    This
      Agreement and the performance hereof shall be governed, interpreted and
      construed in all respects by the internal laws of the State of Israel. All
      disputes and claims arising under this Agreement or any Task Order shall be
      resolved exclusively in a court of applicable jurisdiction located in Tel Aviv,
      Israel and each party consents to the venue of any such action.

     

    
      	11.  	
              NO
                WAIVER

            

    

     

    No
      waiver
      of any term, provision, or condition of this Agreement whether by conduct or
      otherwise in any one or more instances shall be deemed to be or construed as
      a
      further or continuing waiver of any such term, provisions, or conditions, or
      of
      any other term, provision, or condition of this Agreement.

     

     

    
      	12.  	
              INDEPENDENT
                CONTRACTOR

            

    

     

    In
      fulfilling its obligations pursuant to this Agreement, each Party shall be
      acting as an independent contractor. Neither Party is granted any right or
      authority to assume or to create any obligation or responsibility, expressed
      or
      implied, on behalf of or in the name of the other Party.

     

     

    
      	13.  	
              SEVERABILITY

            

    

     

    In
      the
      event any provision of this Agreement shall be determined to be void or
      unenforceable, the remaining provisions shall remain in full force and
      effect.

     

     

    
      	14.  	
              ASSIGNMENT

            

    

     

    
      	 	
              14.1

            	
              Except
                as set forth herein, neither Party shall assign this Agreement or
                any Task
                Order except with the express prior written consent of the other
                Party.

            

    

    

    
      	 	
              14.2

            	
              Notwithstanding
                anything contained herein: (i) the Company may assign this Agreement
                and/or any Task Order to any Affiliate, provided that the assigning
                Party
                remains fully liable for all liabilities and obligations under this
                Agreement and any such Task Order; (ii) the Company may assign this
                Agreement and/or any Task Order to a Successor; and (iii) the Consultant
                may engage one or more subcontractors to perform some or all of the
                Services to be rendered, provided such are approved in advance by
                the
                Company.

            

    

    

    
      	 	
              14.3

            	
              As
                used herein, “Affiliate” means in relation to a Party, any entity
                controlling such Party, controlled by such Party, or under common
                control
                with such Party; and “Successor” means any entity which acquires all or
                substantially all assets of a Party or any entity into which a Party
                is
                merged.

            

    

     

     

    
      
        Consulting
          Agreement

      

      
        Page
          5

        
          

        

      

      
        
        

      

    

     

    
      	15.  	
              CONFLICTS
                BETWEEN AGREEMENTS

            

    

     

    In
      the
      event that there is any conflict between the provisions of this Agreement and
      any duly executed Task Order, the duly executed Task Order (but not any
      attachment there to) shall control.

     

     

    
      	16.  	
              COMMUNICATIONS

            

    

     

     Each
      notice, demand, request, approval or communication ("Notice")
      which
      is or may be required to be given by any party to any other party in connection
      with this Agreement and the transactions contemplated hereby, shall be in
      writing, and given by personal delivery, certified mail, return receipt
      requested, prepaid, email or by overnight express mail delivery and properly
      addressed to the party to be served at such address as set forth hereunder.
      Notices shall be effective on the date delivered personally, the next day if
      delivered by overnight express mail or by email or three days after the date
      mailed by certified mail. 

    

    If
      to the
      Company:

    

    
      	
              Address:

              Azrieli
                Center, Round Tower, 38th Floor, Tel Aviv 67021, Israel

            
	 
	
              Email:
                YDYM@Bezeqint.net

            
	 
	
              Attention:
                Yoram Drucker 

            

    

    

     

    If
      to the
      Consultant:

    

    
      	
              Address

              7
                Haofe St., P.O.Box 7284, Ashkelon 78172, Israel

            
	 
	
              Email:
                angstore@angstore.com

            
	 
	
              Attention:
                Yuri Ginzburg

            

    

    

    

    Signatures
      follow in next page

     

    

    
      
        Consulting
          Agreement

      

      
        Page
          6

        
          

        

      

      
        
        

      

    

    

     

    IN
      WITNESS WHEREOF, the Parties have executed this Agreement as of the date first
      set forth above.

     

    

    
      	
              Energtek
                Products Ltd.

            	
              Angstore
                Technologies Ltd.

            
	 	 
	
              By:
                

              (Print
                Name)

            	
              By:
                

              (Print
                Name)

            
	 	 
	
              Title:
                

            	
              Title:
                

            
	 	 
	
              Signature:
                __________________

            	
              Signature:
                __________________

            

    

    
 

    
      
        Consulting
          Agreement

      

      
        Page
          7

        
          

        

      

      
        
        

      

    

    EXHIBIT
      A

    

    TASK
      ORDER

    

    CONSULTANT
      TASK ORDER:
      5th
      September 2006

     

    This
      Task
      Order is between Energtek Products Ltd. (“Company”)
      and
      Angstore Technologies Ltd.. (“Consultant”).

     

    WHEREAS,
      Consultant and Company have entered into that certain Consulting Agreement
      dated
      5th
      September 2006 (“Consulting
      Agreement”);
      and

     

    WHEREAS,
      pursuant
      to the Consulting Agreement, Consultant has agreed to perform certain Services
      in accordance with Task Orders from time to time entered into by the Parties
      and
      Company and Consultant now desire to enter into such a Task Order;
      and

     

    NOW,
      THEREFORE,
      in
      consideration of the mutual covenants contained herein, the Parties hereby
      agree
      as follows:

    

    
      	1.  	
              Scope
                of Work:
                Consultant shall perform the Services described in the Scope of Work,
                attached hereto as Appendix 1, in accordance with the Project Schedule,
                attached hereto as Appendix 2 and any other documents attached to
                and
                specifically referenced in this Task Order (“Services”)

            

    

    

    
      	2.  	
              Compensation:
                For performance of these Services, Company shall pay to Consultant
                an
                amount equal to the Project Budget set forth in Appendix 3, which
                amount
                shall be payable pursuant to the Payment Schedule set forth in Appendix
                4.
                

            

    

    

    
      	3.  	
              The
                provisions of the Consulting Agreement are hereby expressly incorporated
                by reference into and made a part of this Task
                Order.

            

    

     

    IN
      WITNESS WHEREOF,
      the
      Parties have hereunto signed this Task Order effective as of the day and year
      first written above.

     

    
      	
              Energtek
                Products Ltd.

            	
              Angstore
                Technologies Ltd.

            
	
               

              By:
                

              (Print
                Name)

            	
              By:
                _________________

              (Print
                Name)

            
	 	 
	
              Title:

            	
              Title:

            
	 	 
	
              Signature:
                _______________

            	
              Signature:
                _______________

            
	 	 
	List
              of
              Appendices:	
            
	
              Appendix 1: Scope of Work

              Appendix 2: Project
                Schedule

            	
              Appendix 3: Project Budget

              Appendix 4: Payment
                Schedule 

            

    

     

     

    
      
        Consulting
          Agreement -
          TASK ORDER

      

      
        Page
          1

        
          

        

      

      
        
        

      

    

     

    Appendix
      1: Scope of Work

    

    CNG
      Cylinders for Natural Gas Vehicles (NGV) - Detailed Review 

    
      	§  	
              Products
                in the Market

            

    

    
      	§  	
              Technological
                Changes

            

    

    

    Appendix
      2: Project Schedule

    

    Start
      of
      Project: 6th
      September 2006 

    End
      of
      Project: Not later than 21th
      September 2006

    

    

    Appendix
      3: Project Budget

    

    Seventeen
      thousand (17,000) US Dollars plus Value Added Tax

    

    

    Appendix
      4: Payment Schedule

    

    
      	1.  	
              Payment
                of $8,500 plus Value Added Tax not later than September
                11.

            

    

    
      	2.  	
              Additional
                payment of $8,500 plus Value Added Tax upon delivery of
                report

            

    

     

     

    
      
        Consulting
          Agreement -
          Appendices

      

      
        Page
          1

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