Document:

ex1014.htm

    Exhibit 10.14

     

    Agreement
for Implementing a Project in the Yozmot Incubator

    

    Signed
at “Yozmot” – Granot Initiative Center on:

    

    Date:

    

    
      	
              Between:

            	
              GIC
      – Granot Initiative Center

            

    

    

    
      	
              And
      between:

            	
              The
      entrepreneur:  Dr. Yisrael Amirav, ID No.
  51409324

            

    

    

    
      	
              ·  

            	
              The
      entrepreneur wishes to begin developing the project as approved by the
      Chief Scientist.

            

    

     

    
      	
              ·  

            	
              The
      entrepreneur hereby states that he has the knowledge needed for the
      project’s success and that he will do his utmost to promote the
      project.

            

    

     

    
      	
              ·  

            	
              The
      entrepreneur states that he accepts the procedures that are usually
      followed in initiative centers, in accordance with the instructions of the
      Chief Scientist that are currently in force, and in accordance with the
      Chief Scientist’s provisions as published from time to
    time.

            

    

     

    
      	
              ·  

            	
              The
      entrepreneur will sign a standard employment agreement as used in Yozmot
      with the employees, as well as a confidentiality
      form.  Furthermore, he will sign an agreement to establish a
      limited company and the development
agreement.

            

    

     

    
      	
              ·  

            	
              The
      entrepreneur undertakes to submit to the future project company all of his
      information, including registered patents, and he agrees that all the
      knowledge he brings with him and all of the knowledge accumulated in the
      course of the research belong to the project
  company.

            

    

     

    
      	
              ·  

            	
              The
      entrepreneur agrees that the project company will be established in
      accordance with the following distribution of
  shares:

            

    

    
    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	Proposal A	 
	Entrepreneur	50%
	Investor	20%
	Incubator	20%
	Employees	10%

    

     

    
      	
              ·  

            	
              The
      entrepreneur agrees that the incubator director shall be entitled to offer
      an alternative distribution (this, too, in accordance with the Chief
      Scientist’s instructions) in the event he shall see fit for the purpose of
      signing a contract with an investor or strategic
  partner.

            

    

     

    
      	
              ·  

            	
              GIC
      undertakes to make available to the project all of the services it
      provides to incubator projects:  Acquiring financing from the
      Chief Scientist and the investor, financial management, bookkeeping, a
      suitable building, legal advice.  All of the services shall be
      paid for by the project from the overhead budget in accordance with the
      incubator’s standard operating
procedure.

            

    

     

    
      	
              ·  

            	
              GIC
      will assist the entrepreneur, to the best of its ability, to promote the
      project, to find a strategic partner, to guide him in managing the
      project, and finding suitable employee
staff.

            

    

     

    This
agreement formalizes whatever was agreed to between Avraham Afori – the director
of the Yozmot Incubator, and the entrepreneur.

     

    The
validity of this agreement is from the date the project commences until the
establishment of the company and the signing of the suitable
contracts.

     

    
      
        	Signed	 	 	 	 
	The
    entrepreneur	 	 	“Yozmot”
    Incubator	 
	 	 	 	 	 
	
                /s/
      Yisrael Amirav

              	 	 	
                /s/
      

              	 
	
                Yisrael
      Amirav

              	 	 	
                

                  GIC
      Granot Initiative Center

                

              	 
	
                 

              	 	 	
                 

              	 

      

    

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Agreement
for Implementing a Project in the Yozmot Incubator

    

    Signed
at “Yozmot” – Granot Initiative Center on:

    

    Date:

    

    
      	
              Between:

            	
              GIC
      – Granot Initiative Center

            

    

    

    
      	
              And
      between:

            	
              The
      entrepreneur:

            

    

    

    
      	
              ·  

            	
              The
      entrepreneur wishes to begin developing the project as approved by the
      Chief Scientist.

            

    

     

    
      	
              ·  

            	
              The
      entrepreneur hereby states that he has the knowledge needed for the
      project’s success and that he will do his utmost to promote the
      project.

            

    

     

    
      	
              ·  

            	
              The
      entrepreneur states that he accepts the procedures that are usually
      followed in initiative centers, in accordance with the instructions of the
      Chief Scientist that are currently in force, and in accordance with the
      Chief Scientist’s provisions as published from time to
    time.

            

    

     

    
      	
              ·  

            	
              The
      entrepreneur will sign a standard employment agreement as used in Yozmot
      with the employees, as well as a confidentiality
      form.  Furthermore, he will sign an agreement to establish a
      limited company and the development
agreement.

            

    

     

    
      	
              ·  

            	
              The
      entrepreneur undertakes to submit to the future project company all of his
      information, including registered patents, and he agrees that all the
      knowledge he brings with him and all of the knowledge accumulated in the
      course of the research belong to the project
  company.

            

    

     

    
      	
              ·  

            	
              The
      entrepreneur agrees that the project company will be established in
      accordance with the following distribution of
  shares:

            

    

     

    
      	Proposal A	 
	Entrepreneur	50%
	Investor	20%
	Incubator	20%
	Employees	10%

    

     

    
      	
              ·  

            	
              The
      entrepreneur agrees that the incubator director shall be entitled to offer
      an alternative distribution (this, too, in accordance with the Chief
      Scientist’s instructions) in the event he shall see fit for the purpose of
      signing a contract with an investor or strategic
  partner.

            

    

     

    
      	
              ·  

            	
              GIC
      undertakes to make available to the project all of the services it
      provides to incubator projects:  Acquiring financing from the
      Chief Scientist and the investor, financial management, bookkeeping, a
      suitable building, legal advice.  All of the services shall be
      paid for by the project from the overhead budget in accordance with the
      incubator’s standard operating
procedure.

            

    

     

    
      	
              ·  

            	
              GIC
      will assist the entrepreneur, to the best of its ability, to promote the
      project, to find a strategic partner, to guide him in managing the
      project, and finding suitable employee
staff.

            

    

     

    This
agreement formalizes whatever was agreed to between Avraham Afori – the director
of the Yozmot Incubator, and the entrepreneur.

     

    The
validity of this agreement is from the date the project commences until the
establishment of the company and the signing of the suitable
contracts.

     

    
      
        	Signed 	 	 	 	 
	The
    entrepreneur	 	 	“Yozmot”
    Incubator	 
	 	 	 	 	 
	
                /s/
      Dr. Gornberg, Michael

              	 	 	
                /s/
      

              	 
	
                Dr.
      Gornberg, Michael

              	 	 	
                GIC
      Granot Initiative Center

              	 
	
                 

              	 	 	
                 

              	 
	 	 	 	 	 
	/s/
      Prof. Grosher,  David 	 	 	 	 
	Prof.
      Grosher,  Davidex1015.htm

    Exhibit
10.15

     

    31
December 2003

    

    Appendix
to the Agreement between Baby's Breath and Supergum Ltd

    

    Asher
Amado who brought about the connection between the companies, will as agreed
receive 6% of the amount invested in the company, according to the advancement
of the investment, in cash or in infrastructure as approved 14 days from
transfer of the monies or registering of the investment.

    

    Asher
Amado will receive 2.5% of the company shares on the investment in the company
and receipt of the shares by Supergum Ltd.

    

    It is
agreed between the parties that the shares that Asher Amado will receive will be
property shares only that will entitle Asher Amado to receive his share of
dividend allocations.

    

    The
shares that Asher will receive will be divided equally between Baby's Breath and
Supergum.

    

    In any
event, the ownership of the new company established will be 50% to each
party.

     

    
      
        	Sincerely,	 	 	 	 
	 	 	 	 	 
	
                /s/
      Avraham Afori 

              	 	 	
                 

              	 
	
                Avraham
      Afori 

              	 	 	
                 

              	 
	
                Chairman
      of the Board of Directors

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