Document:

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                                  EXHIBIT 10.10
                                  -------------

                            SHARE PURCHASE AGREEMENT

This  agreement  (the  "AGREEMENT"),  is made by and between Voice Diary Inc., a
company  incorporated  under the laws of the state of Delaware (the "BUYER") and
Voice  Diary  Options  LP  (the  "SELLER")

WHEAREAS:  Seller  is  the  owner of 59,205 (fifty nine thousand two hundred and
five)  Ordinary  Shares  of Voice Diary Ltd. (the "COMPANY"), each bearing a par
value  of  NIS  0.1;  and

WHEAREAS:  Seller  wishes  to  sell  to  Buyer and Buyer wishes to purchase from
Seller, 59,205 (fifty nine thousand two hundred and five) Ordinary Shares of the
Company,  each  bearing  a par value of NIS 0.1 (the "PURCHASED SHARES"), all in
accordance  with  the  terms  and  conditions  set  forth  herein.

NOW  THEREFOR  ,  the  parties,  intending  to be legally bound, hereby agree as
follows:

1.     PREAMBLE  AND  CAPTIONS
       -----------------------

1.1.     The  preamble  to  this  Agreement  shall  be  deemed  an integral part
thereof.

1.2.     The captions in this Agreement shall not be deemed a part hereof as
they have been inserted for convenience and orientation only, and they shall not
affect the interpretation of this Agreement.

2.     PURCHASE  AND  SALE  OF  SHARES
       -------------------------------

2.1.     Subject  to  and  in  accordance  with the terms and conditions of this
Agreement,  the  Seller  hereby  sells,  transfers,  assigns  and  delivers  the
Purchased  Shares  to  the  Buyer,  and the Buyer hereby purchases the Purchased
Shares  from  the  Seller.

2.2.     As full and complete consideration for the Purchased Shares, the Buyer
will issue and sell to the Seller 72,000 (seventy two thousand) shares of Class
A Common Stock of the Buyer, each bearing a par value of US$ 0.01 (the "ISSUED
STOCK").

2.3.     Delivery. Each Seller shall, concurrently with the execution and
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delivery of this Agreement, execute and deliver share transfer deeds in form
sufficient to transfer all of the Seller's right, title and interest in and to
the Purchased Shares to the Buyer.
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3.     REPRESENTATIONS,  WARRANTIES  AND  AGREEMENTS  OF  THE  SELLER
       --------------------------------------------------------------
The  Seller  hereby  represents  and  warrants  to  the  Buyer  as  follows:

3.1.     Ownership.  Seller  is the beneficial and record owner of the Purchased
         ---------
Shares and has good and marketable title to the Purchased Shares, free and clear
of  any mortgage, charge, pledge, lien or assignment or any other encumbrance or
security interest or arrangement of any nature whatsoever, free and clear of all
rights  of  first  refusal,  co  sale right, options to purchase, proxies voting
trusts  and  any  other  voting  agreements, calls or commitments of every kind.

3.2.     No Additional Rights.  The Purchased Shares constitute all of the
         --------------------
shares, warrants, and securities in the Company owned by the Seller or to which
it has any rights, and it has no preemptive rights, convertible securities,
outstanding warrants, options or other rights to subscribe for, purchase or
acquire from the Company or any third party any shares of capital stock or
securities of the Company.

3.3.     No Breach. The execution and performance of this Agreement and the
         ----------
consummation of the transactions contemplated hereunder will not result in a
breach of, nor will they constitute a default under, any agreement to which the
Seller is party.

3.4.     Approvals. No approval or consent of any person, authority or entity is
         ---------
required in connection with the execution and delivery of this Agreement or the
performance of the Seller's obligations contemplated hereby.

3.5.     Authorization. If the Seller is a corporation, it is duly organized and
         -------------
validly existing in the jurisdiction of its organization and has full power and
authority to enter into this Agreement. All actions on its part necessary for
the authorization, execution, delivery and performance by it of this Agreement
have been duly taken to authorize the execution and delivery by it, and this
Agreement constitutes its valid and legally binding obligation, enforceable in
accordance with its terms except (a) as limited by applicable bankruptcy,
insolvency, reorganization, moratorium or other laws of general application
affecting enforcement of creditors' rights, and (b) general principles of equity
that restrict the availability of equitable remedies.

3.6.     No Public Market; Rule 144. The Seller understands that no public
         --------------------------
market now exists for any of the Issued Stock and that it is uncertain whether a
public market will ever exist for any such securities.  The Seller further
acknowledges that because the Issued Stock have not been registered under the
Securities Act of 1933, as amended (the "SECURITIES ACT"), the Issued Stock must
be held indefinitely unless subsequently registered under the Securities Act or
an exemption from such registration is available. It is aware of the provisions
<PAGE>

of Rule 144 promulgated under the Securities Act, which permits limited resale
of shares purchased in a private placement under certain circumstances.

3.7.     Restricted Stock. The Issued Stock are characterized as "RESTRICTED
         ----------------
SECURITIES" under the federal securities laws inasmuch as they are being
acquired from the Buyer in a transaction not involving a public offering or in
reliance upon a safe harbor from the registration requirements of the act under
regulation S for offers and sales of securities that occur outside of the united
states, and such securities may be resold without registration under the Act
only in certain limited circumstances. It understands that the certificates
evidencing the Issued Stock will be printed with legends restricting transfer
except in compliance with applicable securities laws in the form of the
following or similar legend:

"THE  SHARES  REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE "ACT") AND MAY NOT BE OFFERED OR SOLD IN
THE  UNITED  STATES  OR  TO U.S. PERSONS OR FOR THE ACCOUNT OR BENEFIT OF A U.S.
PERSON  (OTHER  THAN  DISTRIBUTORS  AS  DEFINED  IN  REGULATION  S)  DURING  THE
DISTRIBUTION COMPLIANCE PERIOD AS DEFINED IN RULE 902 OF REGULATION S UNLESS THE
SHARES  ARE  REGISTERED  UNDER  THE  ACT  OR  AN EXEMPTION FROM THE REGISTRATION
REQUIREMENTS  IS  AVAILABLE.".

Seller understands that any transfer agent of the Buyer will issue stop-transfer
instructions  with  respect  to  the Issued Stock unless any transfer thereof is
subsequently  registered under the Act and applicable state and other securities
laws  or  unless  an  exemption  from  such  registration  is  available.

3.8.     The  Seller's  present intention is to acquire the Issued Stock for its
own  account  and further represents that the Issued Stock are being and will be
acquired by it for the purpose of investment and not with a view to distribution
or  resale  thereof.  The acquisition by the Seller of the Issued Stock acquired
by  it  shall  constitute  a confirmation of this representation by such Seller.
<PAGE>
3.9.     Access to Information.  The Seller acknowledges that it, during the
         ---------------------
course of this transaction and prior to the acquisition of any Issued Stock has
had the opportunity to ask questions of and receive answers from representatives
of the Buyer concerning the terms and conditions of this Agreement relating to
the Issued Stock, and to obtain additional information, documents, records and
books relative to the Buyer, its business, and an investment in Buyer.  The
Seller acknowledges that the Buyer or any agent thereof has made no
representations or warranties except as explicitly set forth in this Agreement.

3.10.     Previous Investments. By reason of the Seller's knowledge and
          --------------------
experience in business and financial matters, including investments in
securities of companies in the development stage, it is able to fend for itself,
can bear the economic risk of its investment and has such knowledge and
experience in financial or business matters that it is capable of evaluating the
merits and risks of the transactions contemplated herein.

3.11.     Risks. The Seller understands that an investment in the Buyer involves
          -----
a high degree of risk and is suitable only for shareholders who can afford a
loss of their entire investment and who have no need for liquidity from their
investment.

3.12.     The Seller is either (i) an "accredited investor", as that term is
defined in Rule 501 of Regulation D promulgated under the Securities Act, or
(ii) not a "U.S. Person", as defined by Rule 902 of Regulation S promulgated
under the Securities Act, was not formed by a "U.S. Person" as defined by Rule
902 of Regulation S, was not organized under the laws of any United States
jurisdiction, is not holding the Issued Stock for the benefit of any US Person,
and was not formed for the purpose of investing in securities not registered
under the Securities Act.  At the time the buy order for this transaction was
originated, the Seller was outside the United States.
All subsequent offers and sales of the Issued Stock will be made (i) outside the
United  States  in  compliance  with  Rule 903 or Rule 904 of Regulation S, (ii)
pursuant  to registration of the Issued Stock under the Securities Act, or (iii)
pursuant  to  an  exemption  from such registration.  The Seller understands the
conditions  of  the  exemption from registration afforded by Section 4(1) of the
Securities  Act  and acknowledges that there can be no assurance that it will be
able  to  rely  on  such  exemption.  The  Seller  will  not  engage  in hedging
transactions  with  regard  to  the  Issued Stock prior to the expiration of the
distribution  compliance period specified in Rule 903 of Regulation S, unless in
compliance  with  the  Securities  Act.
<PAGE>
3.13.     The  Seller,  if not a natural person, was not formed for the specific
purpose  of  acquiring  the  securities  offered  in  this  Agreement.

4.     REPRESENTATIONS,  WARRANTIES  AND  AGREEMENTS  OF  THE  BUYER
       -------------------------------------------------------------
The  Buyer  hereby  represents  and  warrants  to  the  Seller  as  follows:

4.1.     Authorization  by  Buyer.  By signing, all actions on the part of Buyer
         ------------------------
necessary  for  the authorization, execution, delivery, and performance by it of
this  Agreement  have  been  duly taken, and this Agreement constitutes a legal,
valid  and  binding obligation, enforceable against the Buyer in accordance with
its  terms.

4.2.     No Breach. The execution and performance of this Agreement and the
         ---------
consummation of the transactions contemplated hereunder will not result in a
breach of, nor will they constitute, a default under any agreement to which the
Buyer is party.

4.3.     No Additional Representations. The Buyer is familiar with the Company,
         -----------------------------
its property, its obligations and its activities. Buyer is, thus, purchasing the
Purchased Shares "AS IS", without having relied upon any representations and/or
warranties by the Seller, except those representations and warrants specifically
indicated herein.

4.4.     Approvals. No approval or consent of any third party is required in
         ---------
connection with the execution and delivery of this Agreement on the consummation
of the transaction contemplated hereby.

5.     STAND-OFF  AGREEMENT
       --------------------
In connection with any offering of the Buyer's equity securities, pursuant to an
effective  registration statement, for such period (the "LOCK-UP PERIOD") as the
Buyer  may request (such period not to exceed 180 days following the date of the
applicable  offering),  the  Seller shall not, directly or indirectly, sell make
any  short  sale of, loan, hypothecate, pledge, offer, grant or sell any portion
or other contract for the purchase of, purchase any option or other contract for
the  sale  of, or otherwise dispose of or transfer, or agree to engage in any of
the  foregoing transactions with respect to, any Issued Stock acquired hereunder
without  the  prior  written consent of the Buyer. The Seller agrees to (i) have
any  certificate or certificates representing his, her or its Issued Stock bear,
in  addition  to  any other applicable securities legends, a legend stating that
the  shares  represented by that certificate may not be transferred by any means
<PAGE>

whatsoever,  without  the agreement of the Buyer, during the Lock-Up Period; and
(ii)  execute any and all agreements with underwriters representing the Buyer to
effect  and  perfect  the  foregoing.  The  Buyer  may  impose  stop  transfer
instructions  with  respect to the shares subject to the foregoing restrictions,
until  the  end  of  the  Lock-Up  Period.

6.     CONDITIONS  PRECEDENT  TO  BUYER'S  PERFORMANCE
       -----------------------------------------------
The  obligations  of  the  Buyer  pursuant  this  Agreement  are  subject to the
satisfaction,  at  any time following the date hereof, of all the conditions set
out  below.  The  Buyer may waive any or all of these conditions, in whole or in
part,  without  prior  notice;  provided,  however,  that  no  such  waiver of a
condition  shall  constitute a waiver by the Buyer of any of its other rights or
remedies,  at  law or in equity, if the Seller shall be in default of any of its
representations,  warranties,  or  covenants  under  this  Agreement:

6.1.     The  Company shall have obtained the approval of the Chief Scientist of
the  Ministry of Industry and Trade of the State of Israel, for all transactions
contemplated  in  this  Agreement.

6.2.     The Company shall have obtained the approval of the Investment Center
of the Ministry of Industry and Trade, for all transactions contemplated in this
Agreement.

6.3.     The Company shall have obtained the approval of the Industry
Development Bank, for all transactions contemplated in this Agreement.

6.4.     The Buyer shall have obtained the consent of the holders of 90% or more
of the share capital of the Company to sell their shares to the Buyer pursuant
to the terms and conditions of this Agreement.

This  Agreement  shall  not  become effective until, and shall be deemed to have
immediately  and  automatically  come  into  effect at, such time that the Buyer
notifies  the Seller of either (i) the satisfaction of all of the conditions set
forth  above,  (ii)  the  waiver, by the Buyer, of all conditions which were not
satisfied  as  of  such  date.

7.     WAIVER  AND  CONSENTS
       ---------------------

7.1.     Immediately following the consummation of the transactions contemplated
in  this  Agreement, Seller shall own no shares or securities in the Company, it
shall  have  no rights as a shareholder of the Company and no claims against the
Company in connection with the issuance and/or non-issuance of securities in the
Company.

<PAGE>
7.2.     The Seller hereby waives any right, title, interest in and to any
additional shares or other securities of the Company, whether pursuant to an
option agreement, warrant agreement, antidilution right, preemptive right or the
like, and hereby waive any other right to receive shares or other securities of
the Company or the Buyer (to the extent such rights exist), and agrees that the
Purchased Shares are the sum total of the shares or other securities of the
Company to which the Seller is entitled. The Seller hereby waives any and all
registration rights the Seller may have had in the Company, and acknowledges
that the Seller is not receiving herein any registration rights in and to the
Buyer's equities. The Seller hereby agrees and consents to the resolutions
adopting the Voice Diary Inc. 2002 Stock Option Plan. The execution of this
Agreement also serves as execution of the resolutions.

8.     TAXATION
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Each  Party shall bear the payment of any tax or levy, should such payment apply
to  the Party, pursuant to the provision of any law, in its status of transferor
or  transferee,  depending  on  the case. Without derogating from the foregoing,
Seller, alone, will be responsible for payment of any capital gains tax, if any,
which  may  apply  as  a  result  of  (i) the transfer and sale of the Purchased
Shares,  and  (ii)  the  issuance  of Issued Stock by the Buyer, as contemplated
herein.

9.     MISCELLANEOUS
       -------------

9.1.     Successors and Assigns.  Except as otherwise expressly provided herein,
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the  provisions  hereof  shall inure to the benefit of, and be binding upon, the
successors,  assigns, heirs, executors and administrators of the parties hereto.

9.2.     Entire Agreement.  This Agreement and the exhibits attached hereto and
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the other documents delivered pursuant hereto constitute the full and entire
understanding and agreement between and among the parties with regard to the
subjects hereof and thereof.

9.3.     Amendments.  Any and all changes, amendments or additions to this
         ----------
Agreement shall require the prior written consent of all Parties, or else they
shall be deemed null and void.

9.4.     Notices.  Any notice, payment, report or other communication required
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or permitted to be given by one party to any other party by this Agreement shall
be in writing and addressed to the other party at its address as indicated
below, or to such other address as any addressee shall have theretofore
furnished to the other party by like notice.  All notices shall be deemed to
have been given or delivered upon: (i) personal delivery; or (ii) three (3) days
after deposit in the United States mail by certified mail (return receipt
requested); or (iii) one (1) business day after deposit with any return receipt
express courier (prepaid); or (iv) one (1) business day after transmission by
facsimile.
<PAGE>

9.5.     Counterparts. This Agreement may be executed in any number of
         ------------
counterparts, each of which shall be an original, but all of which together
shall constitute one instrument.

9.6.     Applicable Law. This Agreement shall be governed by, and construed in
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accordance with, the laws of the State of New York applicable to contracts
between New York residents entered into and to be performed entirely within the
State of New York, except with respect to matters that by their nature would be
governed by Israeli Company Law, in which case, Israeli Company Law shall apply.
The parties irrevocably consent to the exclusive jurisdiction of any competent
court located within the city of New York, State of New York, with respect to
any and all disputed arising from this Agreement.

9.7.     The parties hereto agree to provide a copy of this Agreement, after
execution, to the Company, and otherwise to maintain the confidentiality of the
terms hereof.

IN  WITNESS  WHEREOF,  each of the undersigned has executed this Agreement as of
the  date  first  written  above.

                                               Buyer: VOICE DIARY INC.
Seller's  Name:  Voice  Diary  Options  LP     Signature:  __________________
Signature:  ______________________             By:  Arie  Hinkis,  President
By:  Arie  Hinkis,  General  Partner           Address:  200  Robbins  Lane
Address:   8 Arar St.,                        Jericho NY 11753
 Modiim 71700 Israel      USA

<PAGE><PAGE>
                                  EXHIBIT 10.11

THE SECURITIES  ISSUABLE UNDER THIS DOCUMENT HAVE NOT BEEN REGISTERED  UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE  "SECURITIES  ACT"),  OR QUALIFIED UNDER
ANY STATE OR FOREIGN SECURITIES LAW, AND MAY NOT BE SOLD, TRANSFERRED,  ASSIGNED
OR HYPOTHECATED  UNLESS THERE IS AN EFFECTIVE  REGISTRATION  STATEMENT UNDER THE
SECURITIES  ACT COVERING  THIS  WARRANT  AND/OR SUCH  SECURITIES,  OR THE HOLDER
DELIVERS TO THE  COMPANY AN OPINION OF COUNSEL FOR THE HOLDER OF THE  SECURITIES
AND/OR  SUCH  SECURITIES  SATISFACTORY  TO THE COMPANY  STATING  THAT SUCH SALE,
TRANSFER,  ASSIGNMENT  OR  HYPOTHECATION  IS EXEMPT  FROM THE  REGISTRATION  AND
PROSPECTUS  DELIVERY  REQUIREMENTS  OF THE SECURITIES ACT AND THE  QUALIFICATION
REQUIREMENTS UNDER APPLICABLE STATE OR FOREIGN LAW.

                            SHARE PURCHASE AGREEMENT

This  agreement  (the  "AGREEMENT"),  is made by and between Voice Diary Inc., a
company incorporated under the laws of the state of Delaware (the "COMPANY") and
Nathan Tarter (the "Investor")

      WHEAREAS:  the Investor  wants to purchase  1,346,405  (One million  three
hundred  forty six thousand  four hundred and five) Class A Common Stocks of the
Company,  each bearing a par value of $ 0.01 (the "PURCHASED  SHARES") allocated
in consideration of $66,667 (the "Purchase Price"); and

      WHEAREAS:  the Company  wishes to  allocate  the  Purchased  Shares to the
Investor at the Purchase  price in accordance  with the terms and conditions set
forth herein.

NOW  THEREFOR,  the  parties,  intending  to be legally  bound,  hereby agree as
follows:

1. PREAMBLE AND CAPTIONS

            1.1.  The  preamble  to this  Agreement  shall be deemed an integral
                  part thereof.

            1.2.  The  captions  in this  Agreement  shall  not be deemed a part
                  hereof  as  they  have  been  inserted  for   convenience  and
                  orientation only, and they shall not affect the interpretation
                  of this Agreement.

2. PURCHASE AND SALE OF SHARES
<PAGE>

                                       2

            2.1.  Subject to and in accordance  with the terms and conditions of
                  this Agreement,  the Investor hereby buys the Purchased Shares
                  from the Company,  and the Company  hereby sells the Purchased
                  Shares to the Investor.

            2.2.  The parties hereby agree that the Purchase Price shall be paid
                  by Nir Or Israel Ltd ("Nir Or") by  offsetting  the  Company's
                  debt to Nir Or. A written confirmation that part of the bridge
                  loans that were  provided by Nir Or to the  Company,  equal to
                  $66,667,  is to be considered as payment of the Purchase Price
                  for the Investor and that the Company has no obligation to pay
                  Nir Or said sum,  shall be considered as a full payment of the
                  Purchase Price..

3. REPRESENTATIONS, WARRANTIES AND AGREEMENTS OF THE INVESTOR

      The Investor hereby represents and warrants to the Company as follows:

      3.1.  NO BREACH.  The execution and  performance of this Agreement and the
            consummation  of the  transactions  contemplated  hereunder will not
            result in a breach of, nor will they constitute a default under, any
            agreement to which the Investor is party.

      3.2.  APPROVALS. No approval or consent of any person, authority or entity
            is required in  connection  with the  execution and delivery of this
            Agreement  or  the   performance  of  the   Investor's   obligations
            contemplated hereby.

      3.3.  AUTHORIZATION.  If  the  Investor  is  a  corporation,  it  is  duly
            organized  and  validly   existing  in  the   jurisdiction   of  its
            organization  and has full  power and  authority  to enter into this
            Agreement.  All actions on its part necessary for the authorization,
            execution,  delivery and  performance  by it of this  Agreement have
            been duly taken to authorize  the  execution and delivery by it, and
            this Agreement constitutes its valid and legally binding obligation,
            enforceable  in  accordance  with its terms except (a) as limited by
            applicable  bankruptcy,  insolvency,  reorganization,  moratorium or
            other  laws  of  general   application   affecting   enforcement  of
            creditors'  rights,  and  (b)  general  principles  of  equity  that
            restrict the availability of equitable remedies.

      3.4.  NO PUBLIC MARKET; RULE 144. The Investor  understands that no public
            market  now  exists  for any of the  Purchased  Stock and that it is
            uncertain  whether  a public  market  will  ever  exist for any such
            securities.  The  Investor  further  acknowledges  that  because the
            Purchased Stock have not been registered under the Securities Act of
            1933, as amended (the "Securities Act"), the Purchased Stock must be
            held   indefinitely   unless   subsequently   registered  under  the
            Securities Act or an exemption from such  registration is available.
            It is aware

<PAGE>
                                       3

            of the provisions of Rule 144 promulgated  under the Securities Act,
            which  permits  limited  resale  of  shares  purchased  in a private
            placement under certain circumstances.

      3.5.  RESTRICTED   STOCK.   The  Purchased  Stock  are   characterized  as
            "RESTRICTED  SECURITIES" under the federal  securities laws inasmuch
            as they are being  acquired  from the Company in a  transaction  not
            involving a public  offering or in reliance  upon a safe harbor from
            the  registration  requirements  of the act under  regulation  S for
            offers  and sales of  securities  that  occur  outside of the united
            states, and such securities may be resold without registration under
            the Act only in certain limited  circumstances.  It understands that
            the certificates evidencing the Purchased Stock will be printed with
            legends  restricting  transfer  except in compliance with applicable
            securities laws in the form of the following or similar legend:

            "THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
            UNDER THE  SECURITIES ACT OF 1933, AS AMENDED (THE ACT") AND MAY NOT
            BE OFFERED OR SOLD IN THE  UNITED  STATES OR TO U.S.  PERSONS OR FOR
            THE ACCOUNT OR BENEFIT OF A U.S. PERSON (OTHER THAN  DISTRIBUTORS AS
            DEFINED IN REGULATION S) DURING THE DISTRIBUTION  COMPLIANCE  PERIOD
            AS  DEFINED  IN RULE 902 OF  REGULATION  S  UNLESS  THE  SHARES  ARE
            REGISTERED  UNDER  THE ACT OR AN  EXEMPTION  FROM  THE  REGISTRATION
            REQUIREMENTS IS AVAILABLE.".

            Investor  understands  that any  transfer  agent of the Company will
            issue stop-transfer instructions with respect to the Purchased Stock
            unless any transfer thereof is subsequently registered under the Act
            and  applicable  state  and  other  securities  laws  or  unless  an
            exemption from such registration is available.

      3.6.  The Investor's  present  intention is to acquire the Purchased Stock
            for its own account and further  represents that the Purchased Stock
            are being and will be acquired  by it for the purpose of  investment
            and  not  with  a  view  to  distribution  or  resale  thereof.  The
            acquisition  by the Investor of the Purchased  Stock  acquired by it
            shall  constitute  a  confirmation  of this  representation  by such
            Investor.

      3.7.  ACCESS TO INFORMATION. The Investor acknowledges that it, during the
            course  of this  transaction  and  prior to the  acquisition  of any
            Purchased  Stock has had the  opportunity  to ask  questions  of and
            receive answers from  representatives  of the

<PAGE>
                                       4

            Company  concerning  the  terms  and  conditions  of this  Agreement
            relating  to  the  Purchased   Stock,   and  to  obtain   additional
            information,  documents,  records and books relative to the Company,
            its  business,   and  an   investment   in  Company.   The  Investor
            acknowledges  that the  Company  or any  agent  thereof  has made no
            representations or warranties except as explicitly set forth in this
            Agreement.

      3.8.  PREVIOUS  INVESTMENTS.  By reason of the  Investor's  knowledge  and
            experience in business and financial matters,  including investments
            in securities of companies in the  development  stage, it is able to
            fend for itself,  can bear the economic risk of its  investment  and
            has such knowledge and  experience in financial or business  matters
            that it is  capable  of  evaluating  the  merits  and  risks  of the
            transactions contemplated herein.

      3.9.  RISKS.  The Investor  understands  that an investment in the Company
            involves a high degree of risk and is suitable only for shareholders
            who can  afford a loss of their  entire  investment  and who have no
            need for liquidity from their investment.

      3.10. The Investor is either (i) an "accredited investor", as that term is
            defined in Rule 501 of Regulation D promulgated under the Securities
            Act,  or (ii)  not a  "U.S.  Person",  as  defined  by  Rule  902 of
            Regulation S promulgated under the Securities Act, was not formed by
            a "U.S.  Person"  as defined  by Rule 902 of  Regulation  S, was not
            organized under the laws of any United States  jurisdiction,  is not
            holding the  Purchased  Stock for the benefit of any US Person,  and
            was not  formed for the  purpose  of  investing  in  securities  not
            registered  under the Securities  Act. At the time the buy order for
            this transaction was originated, the Investor was outside the United
            States.

            All subsequent  offers and sales of the Purchased Stock will be made
            (i) outside the United  States in  compliance  with Rule 903 or Rule
            904 of Regulation S, (ii) pursuant to  registration of the Purchased
            Stock under the  Securities  Act, or (iii)  pursuant to an exemption
            from such registration.  The Investor  understands the conditions of
            the  exemption  from  registration  afforded by Section  4(1) of the
            Securities Act and acknowledges  that there can be no assurance that
            it will be able to rely on such  exemption.  The  Investor  will not
            engage in hedging  transactions  with regard to the Purchased  Stock
            prior  to the  expiration  of  the  distribution  compliance  period
            specified in Rule 903 of Regulation S, unless in compliance with the
            Securities Act.

      3.11. The  Investor,  if not a  natural  person,  was not  formed  for the
            specific  purpose  of  acquiring  the  securities  offered  in  this
            Agreement.

4.    REPRESENTATIONS, WARRANTIES AND AGREEMENTS OF THE COMPANY

       The Company hereby represents and warrants to the Investor as follows:

      4.1.  AUTHORIZATION  BY COMPANY.  By  signing,  all actions on the part of
            Company necessary for the authorization,  execution,  delivery,  and
            performance by it of this  Agreement have been duly taken,  and this
            Agreement   constitutes  a  legal,  valid  and  binding  obligation,
            enforceable against the Company in accordance with its terms.

      4.2.  NO BREACH.  The execution and  performance of this Agreement and the
            consummation  of the  transactions  contemplated  hereunder will not
            result in a breach of, nor will they constitute, a default under any
            agreement to which the Company is party.

      4.3.  NO  ADDITIONAL  REPRESENTATIONS.  The Company is  familiar  with the
            Company, its property,  its obligations and its activities.  Company
            is, thus,  purchasing the Purchased  Shares "AS IS",  without having
            relied upon any  representations  and/or warranties by the Investor,
            except those  representations  and warrants  specifically  indicated
            herein.

      4.4.  APPROVALS.  No approval or consent of any third party is required in
            connection  with the execution and delivery of this Agreement on the
            consummation of the transaction contemplated hereby.

5.    STAND-OFF AGREEMENT

      In  connection  with any  offering  of the  Company's  equity  securities,
      pursuant  to an  effective  registration  statement,  for such period (the
      "Lock-Up  Period") as the Company may request  (such  period not to exceed
      180 days  following  the date of the  applicable  offering),  the Investor
      shall not,  directly  or  indirectly,  sell make any short sale of,  loan,
      hypothecate,  pledge,  offer,  grant or sell any portion or other contract
      for the  purchase of,  purchase any option or other  contract for the sale
      of, or otherwise dispose of or transfer,  or agree to engage in any of the
      foregoing  transactions  with  respect to, any  Purchased  Stock  acquired
      hereunder  without the prior written consent of the Company.  The Investor
      agrees to (i) have any certificate or certificates  representing  his, her
      or  its  Purchased  Stock  bear,  in  addition  to  any  other  applicable
      securities  legends,  a legend stating that the shares represented by that
      certificate  may not be transferred by any means  whatsoever,  without the
      agreement of the Company,  during the Lock-Up Period; and (ii) execute any
      and all agreements with  underwriters

<PAGE>
                                       6

      representing the Company to effect and perfect the foregoing.  The Company
      may impose stop transfer  instructions  with respect to the shares subject
      to the foregoing restrictions, until the end of the Lock-Up Period.

6.    WAIVER AND CONSENTS

      The  Investor  hereby  waives any  right,  title,  interest  in and to any
      additional shares or other securities of the Company,  whether pursuant to
      an option agreement,  warrant agreement,  antidilution  right,  preemptive
      right or the like,  and hereby waive any other right to receive  shares or
      other  securities of the Company or the Company (to the extent such rights
      exist),  and  agrees  that the  Purchased  Shares are the sum total of the
      shares  or other  securities  of the  Company  to which  the  Investor  is
      entitled.  The Investor hereby waives any and all registration  rights the
      Investor may have had in the Company,  and acknowledges  that the Investor
      is not receiving  herein any  registration  rights in and to the Company's
      equities.  The  Investor  hereby  agrees and  consents to the  resolutions
      adopting the Voice Diary Inc.  2003 Stock Option  Plan.  The  execution of
      this Agreement also serves as execution of the resolutions.

7.    TAXATION

      Each Party shall bear the payment of any tax or levy,  should such payment
      apply to the Party, pursuant to the provision of any law, in its status of
      transferor or transferee,  depending on the case.  Without derogating from
      the foregoing,  Investor,  alone,  will be responsible  for payment of any
      capital gains tax, if any, which may apply as a result of (i) the transfer
      and sale of the Purchased Shares, and (ii) the issuance of Purchased Stock
      by the Company, as contemplated herein.

8.    MISCELLANEOUS

      8.1.  SUCCESSORS  AND  ASSIGNS.  Except as  otherwise  expressly  provided
            herein,  the provisions hereof shall inure to the benefit of, and be
            binding  upon,  the  successors,   assigns,   heirs,  executors  and
            administrators of the parties hereto.

      8.2.  ENTIRE  AGREEMENT.  This Agreement and the exhibits  attached hereto
            and the other documents  delivered  pursuant  hereto  constitute the
            full and entire  understanding  and agreement  between and among the
            parties with regard to the subjects hereof and thereof.

      8.3.  AMENDMENTS.  Any and all  changes,  amendments  or additions to this
            Agreement shall require the prior written consent of all Parties, or
            else they shall be deemed null and void.

      8.4.  NOTICES. Any notice, payment, report or other communication required
            or  permitted  to be given by one party to any  other  party by this
            Agreement  shall

<PAGE>
                                       7

            be in writing  and  addressed  to the other  party at its address as
            indicated  below,  or to such other address as any  addressee  shall
            have  theretofore  furnished to the other party by like notice.  All
            notices  shall be deemed to have been given or delivered  upon:  (i)
            personal  delivery;  or (ii)  three (3) days  after  deposit  in the
            United States mail by certified mail (return receipt requested);  or
            (iii) one (1)  business day after  deposit  with any return  receipt
            express  courier  (prepaid);  or (iv)  one (1)  business  day  after
            transmission by facsimile.

      8.5.  COUNTERPARTS.  This  Agreement  may be  executed  in any  number  of
            counterparts,  each of which shall be an original,  but all of which
            together shall constitute one instrument.

      8.6.  APPLICABLE  LAW. This Agreement  shall be governed by, and construed
            in accordance  with, the laws of the State of New York applicable to
            contracts  between  New  York  residents  entered  into  and  to  be
            performed  entirely  within  the  State  of New  York.  The  parties
            irrevocably  consent to the exclusive  jurisdiction of any competent
            court located within the city of New York,  State of New York,  with
            respect to any and all disputed arising from this Agreement.

      8.7.  The parties  hereto  agree to maintain  the  confidentiality  of the
            terms hereof.

IN WITNESS WHEREOF, each of the undersigned has executed this Agreement as of
the date first written above.

Investor's Name: Nathan Tarter                     Company: Voice Diary Inc.

Signature:                                         Signature
           ----------------------------                     -------------------

Address:   22 Mintz St., Petah Tiqua               By: Arie Hinkis, CEO

           49354, Israel                           Address: 200 Robbins Lane

Date: May 9, 2003                                  Jericho NY 11753

                                                   Date: May 9, 2003

<PAGE>

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