Document:

FINDER
      FEE AGREEMENT

     

    

     

    This
      agreement (the "Agreement") is made as of this 8th
      day of
      September, 2004, by and between Glenrock Israel Ltd. of 85 Medinat Hayehudim
      St.
      Tower G, 8th Floor, Herzliya Pituach, Israel (the“Finder”);
      and
      Rosetta Genomics Ltd. of 10
      Plaut
      Street, Jerusalem, Israel,
      (the
“Company").

     

    
      	Whereas    	
              Rosetta
                is engaged in breakthrough research and development in the field
                of
                bioinformatic
                detection, prediction and discovery of micro RNA genes and their
                respective functions and utilities, and therapeutic and diagnostic
                uses
                based thereof; 

            

    

     

    
      	Whereas    	
              the
                Finder
                has connections with potential investors (“Investors”)
                that may have interest in making cash investments in the Company’s equity
                (“Investment
                Transactions”);

            

    

     

    
      	Whereas    	
              the
                Company is interested in using the Finder services, on a non exclusive
                basis, for the purposes of locating Investors and facilitating such
                Investment Transactions, subject to the terms and conditions contained
                herein.

            

    

     

     NOW,
      THEREFORE, in consideration of the mutual promises and conditions set forth
      herein the parties agree as follows:

     

    
      	1.  	
                  Finder
                Obligations.Finder
                shall act to locate Finder Contacts (as such term is defined herein),
                present them to the Company and assist the Company in negotiating
                and
                facilitating Investment Transactions with such Finder
                Contacts.

            

    

     

    
      	2.  	
                  Finder
                Contacts.
                The term "Finder Contact" shall mean all Investors that: (i) Finder
                introduced to the Company and the parties mutually agreed in writing
                that
                it shall be so considered, and (ii) with which Finder arranged meetings
                or
                discussions and contributed to facilitating Investment Transactions
                with,
                and (iii) that were pre-approved by the Company and are listed on
                Schedule
                A
                hereto as amended from time to time by the parties in writing.
                Notwithstanding anything contained herein it is clarified and declared
                that the conclusion of an Investment Transaction, if any, shall be
                at the
                Company’s sole discretion. The Finder shall not introduce the Company to
                any specific Investor without receiving the Company’s prior consent.
                

            

    

     

    
      	3.  	
                  Success
                Fees. 

            

    

     

    
      	3.1.  	
              In
                the event the Company enters into an agreement for an Investment
                Transaction with a Finder Contact during the Term (as defined in
                Section
                6
                below) or within 3 months following the date of its expiration or
                termination (the “Determining Period”), the Company shall pay the Finder
                success fees equal to 4% of the net cash investments actually paid
                to the
                Company by the Finder Contact (“Finder Investments”) during the
                Determining Period. 

            

    

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    
      	3.2.  	
              In
                addition to the consideration specified in Section 3.1 above the
                Finder
                shall be entitled to an option to purchase an amount of ordinary
                shares of
                the Company equal to up to 2% of the amount of shares allotted by
                the
                Company to the Finder Contacts in accordance with the Investment
                Round, at
                the price per share of the Investment Round. The option will be valid
                for
                18 months following the closing of the Investment Round.
                

            

    

     

    
      	4.  	
                  Payments
                and
                Reports.

            

    

     

    
      	
            	    4.1. 
              	
              All
                cash amounts due to Finder
                hereunder shall be paid in the same currency in which the Company
                receives
                the Finder Investments. VAT shall be added to all payments against
                a
                proper VAT invoice. For the removal of doubt, it is hereby agreed
                that the
                Finder shall be responsible for all taxes, withholdings, and other
                similar
                statutory obligations. The Finder agrees to defend, indemnify and
                hold the
                Company harmless from any and all claims made by any entity on account
                of
                an alleged failure by the Finder to satisfy any such tax or withholding
                obligations. 

            

    

     

    
      	
            	    4.2. 
              	
              The
                Company shall inform Finder
                of
                any Investment Agreement between the Company and a Finder Contact
                within 30 days of its signing.

            

    

     

    
      	5.  	
                  Company
                Information.
                The Company shall provide Finder with all reasonable non-confidential
                information, as it may deem necessary, regarding the Company, its
                products, services, technology and relevant markets for the purpose
                of
                Finder performing its duties hereunder. Subject to Section 2 above,
                the
                Company hereby authorizes the Finder to provide such information
                to
                prospective Finder Contacts pre-approved by the Company. Notwithstanding,
                all information provided by the Company to Finder is subject to the
                confidentiality clause in this agreement. Confidential information
                obtained by the Finder from the Company shall be subject to the terms
                and
                conditions of the Company’s non-disclosure agreement, as detailed in
                Section 8 below.

            

    

     

    
      	6.  	
                  Term
                and Termination.
                The term of this Agreement is for a period of 4 months
                commencing at the
                date hereof (the “Term”). 

            

    

       

     Either
      party may terminate this agreement on the occurrence of one of the
      following:

     

    
      	  
              6.1.  	
              by
                serving the other party a 60 days prior written notice to such effect;
                

            

    

     

    
      	6.2.  	
              forthwith,
                by serving the other party a written notice, in the event that the
                other
                party has breached any of its undertaking hereunder and not cured
                such
                breach within 14 days of the non-breaching party’s notice to such
                effect;

            

    

     

    
      	6.3.  	
              forthwith,
                without need for a written notice, in the event that the other party
                has
                entered into any liquidation, insolvency, bankruptcy or similar
                proceedings.

            

    

     

    In
      the
      event of termination of this Agreement, and if such termination is made by
      the
      Company pursuant to Sections 6.2 or 6.3 above, the Finder
      shall
      not be entitled to receive any Success Fees not paid to them by the date of
      termination. In any other event, the provisions of Section 3 apply. Subject
      to
      the above, the Company may continue to pursue any relations with Finder Contacts
      following termination of this Agreement. Following termination of this
      Agreement, for any reason: (i) Finder
      shall
      immediately cease representing to third parties that it has any rights granted
      to it herein, and (ii) the Company may require Finder
      to
      return all documentation concerning the Company and its products in its
      possession to the Company. For avoidance of doubt, the provisions of Sections
      7
      and 8 below shall survive the termination of this Agreement.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    
      	7.  	
                  Intellectual
                Property.
                Finder recognizes and acknowledges that all of the Company’s IP, including
                without limitation, all the Company’s patents, patent applications,
                copyrights, trade names and trade marks, solely belong to the Company
                which is and shall remain its sole owner, and it is hereby expressly
                agreed that nothing in this agreement shall constitute or be considered
                as
                constituting a transfer or license of the Company’s intellectual property
                rights or any part thereof by the Company to Finder. Finder shall
                adhere
                to any reasonable instructions given to it in writing by the Company
                aimed
                for the protection of the Company’s trademarks and any other intellectual
                property rights.

            

    

     

    
      	8.  	
                  Confidentiality.
                Finder shall, both during the term of this Agreement and after the
                expiration or termination of this Agreement, hold the proprietary
                and
                confidential information of the Company (the "Confidential Information")
                in strict confidence and will not to make such Confidential Information
                available in any form to any third party or to use such Confidential
                Information for any purposes other than the implementation of this
                Agreement. The Finder shall sign a Confidentiality undertaking in
                the form
                attached as Schedule
                B
                hereto.

            

    

     

    
      	9.  	
                  Independent
                Contractors.
                It is hereby expressly declared and agreed that the parties have
                entered
                this Agreement as independent contractors and this Agreement in no
                way
                establishes any principal - agent, employer - employee, or partnership
                relations between the parties. Nothing in this Agreement shall be
                construed as granting either party the power or authority to act
                for or on
                behalf of the other party, to create any undertakings on behalf of
                the
                other party, or to bind or commit the other party in respect to any
                such
                undertakings, except as set forth herein or as otherwise agreed to
                in
                writing between the parties prior to such
                act.

            

    

     

    
      	10.  	
                  Governing
                Law/ Jurisdiction.This
                Agreement shall be governed by the laws of the State of Israel, without
                regard to its conflict of law rules and the competent courts of Tel
                Aviv-Jaffa shall have exclusive jurisdiction over all matters arising
                under or relating to this
                Agreement.

            

    

     

    
      	11.  	
                  Counterparts/Entire
                Agreement.
                This Agreement may be executed in several counterparts, each of which
                shall be deemed an original and all of which shall together constitute
                one
                and the same Agreement. This Agreement constitutes the entire agreement
                between the Parties respecting the subject matter hereof and supersedes
                any and all prior agreements or understandings between the Parties
                with
                respect to the subject matter hereof, whether written or oral. Except
                as
                set forth herein, no addition or modification of this Agreement will
                be
                effective or binding unless in writing and executed by both of the
                Parties.

            

    

     

    IN
      WITNESS WHEREOF the Parties, through their duly authorized representatives
      have
      executed this Agreement on the date(s) as of the date written
      above.

     

    _______________  
____________

    Rosetta
      Genomics Ltd.   Glenrock
      Israel Ltd. 

    By:
      __________    

    Title__________     

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    Schedule
      A - FINDER CONTACTS

     

    1.  

     

    
      
        
        

      

      
        4FINDER
      FEE AGREEMENT

     

    This
      agreement (the “Agreement”) is made as of this 7th
      day of
      April, 2005, by and between Glenrock
      Israel Ltd. of 85 Medinat Hayehudim St. Tower G, 8th Floor, Herzliya Pituach,
      Israel
      (the “Finder”); and
      Rosetta Genomics Ltd. of 10 Plaut Street, Jerusalem, Israel, (the “Company”).

    
      
         

        
          	
                	Whereas	
                  The
                    Company is engaged in breakthrough research and development in
                    the
                    field
                    of bioinformatic detection, prediction and discovery of micro
                    RNA
                    genes
                    and their respective functions and utilities, and therapeutic
                    and
                    diagnostic
                    uses based thereof;

                

        

         

        
          	
                	Whereas	
                  The
                    Company is seeking to complete a convertible bridge loan financing
                    round
                    (the “Bridge
                    Loan Round), under
                    which the Company intends to raise up
                    to $5M (the “Bridge
                    Loan”).

                

        

         

        
          	
                	Whereas	
                  the
                    Finder has connections with potential investors (“Investors”)
                    that may have
                    interest in making cash investments in the Company's equity (“Investment
                    Transactions,);

                

        

         

        
          	
                	Whereas	
                  The
                    Company is interested in using the Finder services, on a non
                    exclusive
                    basis,
                    for the purposes of locating Investors and facilitating such
                    Investment
                    Transactions with them, subject to the terms and conditions contained
                    herein.

                

        

         

      

    

    NOW,
      THEREFORE, in consideration of the mutual promises and conditions set forth
      herein the parties agree as follows:

     

    
      	
              1.

            	
              Finder
                Obligations.
                Finder
                shall act to locate Finder Contacts (as such term is defined
                herein), present them to the Company and assist the Company in negotiating
                and facilitating
                Investment Transactions with such Finder
                Contacts.

            

    

     

    
      	
              2.

            	
              Finder
                Contacts.
                The term “Finder Contact” shall mean all Investors that: (i) Finder
                introduced
                to the Company and the parties mutually agreed in writing thai it
                shall be
                soconsidered,
                and (ii) with which Finder arranged meetings or discussions and
                contributed to facilitating Investment Transactions with, and (iii)
                that
                were pre-approved by the Company and are listed on Schedule A
                hereto as amended from lime to time by the parties in writing.
                Notwithstanding anything contained herein it is clarified and declared
                that the conclusion of an
                Investment Transaction, if any, shall be at the Company's sole discretion.
                The Finder shall not
                introduce the Company to any specific Investor without receiving
                the
                Company's prior consent.

            

    

     

    
      	
              3.

            	
              Success
                Fees. In the event Company enters into an agreement for an Investment
                Transaction
                with a Finder Contact during the Term (as defined in Section 7 below)
                or
                within 3 months
                following the date of its expiration or termination (the “Determining
                Period”), for an Investment
                Transaction in the Bridge Loan Round, the Finder shall be entitled
                to the
                following
                consideration:

            

    

     

    
      	
            	3.1.	
              If
                the Finder Contacts invest an aggregate amount of  less than
                $5500,000 within the scope
                of the Bridge Loan Round:

            

    

     

    
      	
            	3.1.1.	
              A
                cash commission of 5% of the cash investments made by Finder Contacts
                in
                the Bridge Loan Round.

            

    

     

    
      	3.1.2.  	
              In
                addition to the consideration specified in Section 3.1.1 above
                the Finder shall
                be entitled to an option to purchase an amount of ordinary shares
                of the
                Company
                equal to up to 3% of the amount of shares allotted by the Company
                to
                the
                Finder Contacts upon conversion of the Bridge Loan, at the price
                per share
                of the
                converted shares. The option will be valid for 36 months following
                the
                closing
                of the Bridge Loan Round.

            

    

    
      
        
          Finders
            Fee Agreement - Bridge Uran Glenrrdt

        

      

      
        
           

        

        
          

        

      

       

    

     

    
      	
            	3.2.	
              If
                the Finder Contacts invest an aggregate amount of at least $500,000
                within
                the scope
                of the Bridge Loan Round:

            

    

     

    
      	
            	3.2.1.	
              A
                cash commission of 6% of the cash investments made by Finder Contacts
                in
                the Bridge Loan Round.

            

    

     

    
      	
            	3.2.2.	
              In
                addition to the consideration specified in Section 3.2.1 above the
                Finder
                shall be entitled to an option to purchase an amount of ordinary
                shares of
                the Company
                equal to up to 4% of the amount of shares allotted by the Company
                to
                the
                Finder Contacts upon conversion of the Bridge Loan, at the price
                per share
                ofthe
                converted shares. The option will be valid for 36 months following
                the
                closing
                of the Bridge Loan Round.

            

    

     

    
      	
            	3.3	
              For
                the avoidance of any doubt, the terms of the Success Fee under this
                section 3 are relevant
                and applicable to the Bridge Loan Round
                only.

            

    

     

    
      	
              4.

            	
              Subsequent
                Round.
                For any investment made in the Company in a subsequent private
                equity
                financing round (“Subsequent
                Round”)  by
                a Finder Contact who invested in the Bridge
                Loan Round, the Finder shall be entitled to consideration as
                follows:

            

    

     

    
      	
            	4.1.	
              For
                sums up to the Finder Contact's preemptive rights in the Subsequent
                Round,
                the Finder
                shall be entitled to an amount of 50% of the cash commission and
                options
                calculated
                pertaining to such sums according to the principles and percentages
                set
                forth
                in section 3 above.

            

    

     

    
      	
            	4.2.	
              For
                sums beyond the Finder Contact's preemptive rights in the Subsequent
                Round, the
                Finder shall be entitled to cash commission and options calculated
                pertaining to such
                sums according to the principles and percentages set forth in section 3
                above.

            

    

     

    
      	
              5.

            	
              Payments
                and Reports.

            

    

     

    
      	
            	5.1.	
              All
                cash amounts due to Finder hereunder shall be paid in the same currency
                in
                which the
                Company receives the Finder Investments. VAT shall be added to all
                payments against a proper VAT invoice. For the removal of doubt,
                it is
                hereby agreed that the Finder
                shall be responsible for all taxes, withholding;, and other similar
                statutory obligations.
                The Finder agrees to defend, indemnify and hold the Company harmless
                from
                any and all claims made by any entity on account of an alleged failure
                by
                the Finder
                to satisfy any such tax or withholding
                obligations.

            

    

     

    
      	
            	5.2.	
              The
                Company shall inform Finder of any Bridge Loan Agreement between
                the
                Company
                and a Finder Contact within 30 days of its
                signing.

            

    

     

    
      	
              6.

            	
              Company
                Information.
                The Company shall provide Finder with reasonable information, as
                it may
                deem necessary, regarding the Company, its products, services, technology
                and relevant
                markets for the purpose of Finder performing its duties hereunder.
                Subject
                to Section2
                above, the Company hereby authorizes the Finder to provide such
                information only to prospective
                Finder Confacts pre-approved by the Company. Any and all information
                provided by
                the Company to Finder is subject to the confidentiality clause in
                this
                agreement. Confidential
                information obtained by the Finder from the Company shall be subject
                to
                the terms and conditions of the Company's non-disclosure agreement,
                as
                detailed in Section 8below.

            

    

     

    
      	
              7.

            	
              Term
                and Termination.
                The term of this Agreement is for a period of 3 months commencing
                at the date hereof (the
“Term”).

            

    

    
      
        
          Finders
            Fee Agreement - Bridge Uran Glenrrdt

        

      

      
        2

        
          

        

      

       

    

     

    Either
      party may terminate this agreement on the occurrence of one of the
      following:

     

    
      	
            	7.1.	
              by
                serving the other party a 15 days prior written notice to such
                effect;

            

    

     

    
      	
            	7.2.	
              forthwith,
                by serving the other party a written notice, in the event that the
                other
                party has
                breached any of its undertaking hereunder and not cured such breach
                within
                7days
                of the non-breaching party's notice to such
                effect;

            

    

     

    
      	
            	7.3.	
              forthwith,
                without need for a written notice, in the event that the other party
                has
                entered
                into any liquidation, insolvency, bankruptcy or similar
                proceedings.

            

    

     

    In
      the
      event of termination of this Agreement, and if such termination is made by
      the
Company
      pursuant to Sections 6.2 or 6.3 above, the Finder shall not be entitled to
      receive any Success Fees not paid to them by the date of termination. In any
      other event, the provisions of Section 3 apply. Subject to the above, the
      Company may continue to pursue any relations with Finder
      Contacts following termination of this Agreement, following termination of
      this
Agreement,
      for any reason: (i) Finder shall immediately cease representing to third parties
      that
      it
      has any rights granted to it herein, and (ii) the Company may require Finder
      to
      return all documentation
      concerning the Company and its products in its possession to the Company.
For
      avoidance of doubt, the provisions of Sections 7 and 8 below shall survive
      the
      termination of this Agreement.

     

    
      	
              8.

            	
              Intellectual
                Property.
                Finder recognizes and acknowledges that all of the Company's IP,
                including
                without limitation, all the Company's patents, patent applications,
                copy
                rights, tradenames
                and trade marks, solely belong to (the Company which is and shall
                remain
                its sole owner,
                and it is hereby expressly agreed that nothing in this agreement
                shall
                constitute or be considered
                as constituting a transfer or license of the Company's intellectual
                property rights or
                any part thereof by the Company to Finder. Finder shall adhere to
                any
                reasonable instructions
                given to it in writing by the Company aimed for the protection of
                the
                Company, strademarks and any other intellectual property
                rights.

            

    

     

    
      	
              9.

            	
              Confidentiality.
                Finder shall, both during the term of this Agreement and after the
                expiration
                or termination of this Agreement, hold the proprietary, and confidential
                information of
                the Company (the “Confidential Information”) in strict confidence and will
                not disclose or make
                such Confidential Information available in any form to any third
                party or
                to use such Confidential
                Information for any purposes other than the implementation of this
                Agreement. Confidential
                Information shall mean any and all information provided to Finder
                by
                Company, whether
                related to business, technology or any other matter relevant to the
                Company, excluding
                information which is in the public domain not as a consequence of
                a breach
                of any confidentiality
                undertaking by Finder. Without derogating from the generality of
                the
                above, Finder shall sign a Confidentiality undertaking in the form
                attached as Schedule R 
hereto.

            

    

     

    Finder
      undertakes to retain in strict confidence and not to disclose to any third
      party
      any information
      related to this Agreement, its terms and conditions.

     

    
      	
              10.

            	
              Independent
                Contractors. It is hereby expressly declared and agreed that the
                parties have entered this Agreement as independent contractors and
                this
                Agreement in no way establishes any
                principal - agent, employer - employee, or partnership relations
                between
                the parties. Nothing
                in this Agreement shall be construed as granting either party the
                power or
                authority to
                act for or on behalf of the other party, to create any undertakings
                on
                behalf of the other party,
                or to bind or commit the other party in respect to any such undertakings,
                except as set forth herein or as otherwise agreed to in writing between
                the parties prior to such act.

            

    

     

    
      	
              11.

            	
              Governing
                Law/ Jurisdiction. This Agreement shall be governed by the laws of the
                State
                of Israel, without regard to its conflict of law rules and the competent
                courts of Tel Aviv-Jafa
                shall have exclusive jurisdiction over all matters arising under
                or
                relating to this Agreement.

            

    

    
      
        
          Finders
            Fee Agreement - Bridge Uran Glenrrdt

        

      

      
        3

        
          

        

      

       

    

     

    
      	
              12.

            	
              Counterparts/Entire
                Agreement.
                This Agreement may be executed in several counterparts,
                each of which shall be deemed an original and all of which shall
                together
                constitute one and the same Agreement. This Agreement constitutes
                the
                entire agreement between
                the Parties respecting the subject matter hereof and supersedes any
                and
                all prior agreements or understandings between the Parties with respect
                to
                the subject matter hereof, whether
                written or oral. Except as set forth herein, no addition or modification
                of this Agreement
                will be effective or binding unless in writing and executed by both
                of the
                Parties.

            

    

     

    IN
      WITNESS WHEREOF the Parties, through their duly authorized representatives
      have
executed
      this Agreement
      on the date(s) as of the date written above.

     

    
      	 	 	 
	
               

              /s/
                ROSETTA GENOMICS LTD.

            	 	 	
              /s/
illegible

              GLRNTOVK
                ISRAEL LTD.

            
	
              Rosetta
                Genomics Ltd.

            	 	 	
              Finder

            
	
               

              By: /s/
                illegible

            	 	 	 
	 	 	 	 
	
              Title:
                V.P. Finance

            	 	 	
              2.6.05

            

    

     

    
      
        
          Finders
            Fee Agreement - Bridge Uran Glenrrdt

        

      

      
        4

        
          

        

      

       

    

     

    Schedule
      A – FINDER
      CONTACTS

     

    1. ________________________

     

    2. ________________________

    
      
        
          Finders
            Fee Agreement - Bridge Uran Glenrrdt

        

      

      
        5

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