Common use of Office of the Chief Scientist Clause in Contracts

Office of the Chief Scientist. On April 18, 2000 the OCS approved a grant in the amount of NIS 4,262,066 which was fully provided to the Company. On April 3, 2001, the OCS approved an additional grant in the amount of NIS 9,972,714 which was fully provided to the Company. On July 15, 2002, the OCS approved an additional grant in the amount of NIS 10,217,368 which was fully provided to the Company. On June 10, 2003, the OCS approved an additional grant in the amount of NIS 9,499,968 which was fully provided to the Company. On June 13, 2004, the OCS approved an additional grant in the amount of NIS 9,000,000 which was fully provided to the Company. On May 2, 2005, the OCS approved an additional grant in the amount of NIS 6,800,000 out of which an amount of NIS 2,173,806 was provided to the Company. On January 31 ,2006 two new requests were filed for 2006 project, that are still in process.

Office of the Chief Scientist. On April 18, 2000 the OCS approved a grant in the amount of NIS 4,262,066 which was fully provided to the Company. On April 3, 2001, the OCS approved an additional grant in the amount of NIS 9,972,714 which was fully provided to the Company. On July 15, 2002, the OCS approved an additional grant in the amount of NIS 10,217,368 which was fully provided to the Company. On June 10, 2003, the OCS approved an additional grant in the amount of NIS 9,499,968 which was fully provided to the Company. On June 13, 2004, the OCS approved an additional grant in the amount of NIS 9,000,000 which was fully provided to the Company. On May 2, 2005, the OCS approved an additional grant in the amount of NIS 6,800,000 out of which an amount of NIS 2,173,806 5,069,553 was provided to the Company. On January 31 June 20 ,2006 two new requests were filed for 2006 project, that are still the OCS approved an additional grant in processthe amount of NIS 6,208,568 out of which an amount of NIS 1,641,307 was provided to the Company.

Office of the Chief Scientist. On April 18, 2000 the OCS approved a grant in the amount of NIS 4,262,066 which was fully provided to the Company. On April 3, 2001, the OCS approved an additional grant in the amount of NIS 9,972,714 which was fully provided to the Company. On July 15, 2002, the OCS approved an additional grant in the amount of NIS 10,217,368 which was fully provided to the Company. On June 10, 2003, the OCS approved an additional grant in the amount of NIS 9,499,968 which was fully provided to the Company. On June 13, 2004, the OCS approved an additional grant in the amount of NIS 9,000,000 which was fully provided to the Company. On May 2, 2005, the OCS approved an additional grant in the amount of NIS 6,800,000 out of which an amount of NIS 2,173,806 5,069,553 was provided to the Company. On January 31 June 20 ,2006 two new requests were filed for 2006 project, that are still the OCS approved an additional grant in processthe amount of NIS 6,208,568 out of which an amount of NIS 2,736,823 was provided to the Company.