EXHIBIT 10.4
Tenancy Agreement
Date:
Aug. 01, 2000
Parties:
1. The Landlord
Harikya Towers Beer Sheva, Ltd.
2. The Tenant:
Intacta Labs Ltd.
Property:
Office space of 252.2 square
meters (gross), divided according to Tenant's
plan
Location:
31 Shazar Street, Beer Sheva 84984, Israel
Term:
Five years, from Sep. 01,2000 to Aug. 31,2005
Rent:
US$3,404.70 a month, including building management, maintenance and
security.
Payable:
Six months rent in advance and thereafter, quarterly rent (i.e.,
every three
months). Payment is made in NIS at the representative exchange rate on
the day of payment.
Taxes:
Intacta Labs Ltd. will pay the City Tax, directly
to the city, at the legal rate
as determined by the City from time to time for businesses. The current
rate is about $40.00 per square meter per year
Utilities:
Intacta Labs Ltd. will pay the suppliers for all electricity,
water
telephones and services supplied to the Property during the tenancy.
SIGNED by the above-named
(the Landlord)
(the Tenant)