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EXHIBIT 99.7
HYNEX LTD
Allotment Letter No. __
Investec Clali - Trust Company Ltd.
38 Rothschild Boulevard
Tel Aviv
Dear Sirs,
Re: OPTION ALLOTMENT LETTER
Pursuant to a resolution of the board of directors of Hynex Ltd (hereinafter
referred to as "the Company") dated February 9th, 1998, and subject to the terms
and conditions set forth in the said resolution and the income tax rules, the
Company is hereby allotting to you, on trust, ______ option warrants exercisable
into ordinary shares of NIS 0.1 nv each for Mr/Mrs ________.
Kindly safeguard this letter as a document of great value and acknowledge
receipt thereof by signing the copy.
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Hynex Ltd Date
We acknowledge receipt of this letter
(Signed)
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Israel General Bank Trust Co. Ltd