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Exhibit 10.5
_______________, 2000
Unity Emerging Technology Venture One Ltd.
245 Fifth Avenue, Suite 1600
New York, New York 10016
Gentlemen:
This letter, when signed by you where indicated below, will confirm our
agreement whereby Unity Venture Capital Associates Ltd. ("Capital") shall
furnish Unity Emerging Technology Venture One Ltd. ("Unity") with secretarial
and other administrative services, together with approximately 500 square feet
of office space situated at 245 Fifth Avenue, New York, New York 10016, Suite
1600. In exchange therefor, Unity shall pay Capital the sum of $5,000 per month.
Either party hereto may cancel this agreement upon 30 days' prior written notice
to such effect.
Very truly yours,
UNITY VENTURE CAPITAL ASSOCIATES LTD.
By:______________________________
Lawrence Burstein, President
Agreed to and Accepted by:
UNITY EMERGING TECHNOLOGY
VENTURE ONE LTD.
By:_________________________
Norman Leben, Secretary
