Exhibit 10.8
Attached hereto is an English translation of the original
Hebrew version of the Agreement between Organitech and OCS, dated January 30,
2002. The Company has employed a translator to translate the above-referenced
agreement and based on this, the undersigned believes that the attached is a
fair and accurate English translation of the above-referenced agreement.
OrganiTECH, USA, Inc.
By:/s/ Xxxx Xxxxxx
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Xxxx Xxxxxx, Chief Executive Officer
Date: Xxxxx 00, 0000
Xxxxx xx Xxxxxx
Office of Industry and Trade
Administration for Research and Industrial Development
Bureau of Head Science
Jerusalem
30/01/2002
To:
General Manager
Organitech Company Ltd.
30 HaNarkissim POB 212
Nesher 36601
Fax: 00-0000000
Dear Sir or Madam,
Ref: BREEDING MINIATURE TOMATO VARIETIES ADAPTED
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Meeting no. 2002/2 (M) of date 29/02002 (file 28031)
According to the instructions of the law for the encouragement of research and
industrial development of 1984, I hereby notify you that the research committee
has discussed your request at the above meeting, and following is its decision:
To approve the project with a budget not to exceed NIS 1,575,200.
Royalties will be paid from all company income.
It is possible that changes may occur of a reduction resulting from the
adaptation of the sum to the budget procedures.
For your information, the budget approval is limited to that budget that was
approved for the discussed project, and solely to the designated period.
Additional approval for this project, or another, for the coming years, will be
considered in light of the research programs to be presented to the committee
for that year.
You are required to sign the letter of commitment and to fulfill the prior
conditions that were decided, if decided within two months of the day of
approval by the committee. After this period the approval will no longer be
valid and we will be free to use the budget for other purposes.
Sincerely yours,
Xxxx Xxxxxx
Ass't Scientist and Fund Manager
For your attention:
For clarification on the subject of budgets, budget department, Tel: 00-0000000
Prior conditions and/or budget signatures and commitments, Xxx. Xxxx Xxxxxx Tel:
00-0000000.
Copy: Xxxxx Frierich, Field Head
Karat Arnon, Professional Inspector
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Mavo HaMatmid 4, Xxxxxxxxx 00000, POB 2197
Direct phone: 00-0000000 Fax: 00-0000000
