Finder’s Fee Agreement
Xxxxxx
Xxxxxx Ventures Ltd.
00
Xxxxxx Xx.
Xxxxxxx
Xxxxxx 00000
Tel:
x000-00000000
November
6th
2005
An
agreement signed between ITAC Inc (Israeli Technology Acquisition Company)
and
Xxxxxx Xxxxxx Ventures Ltd. on November 6th
2005.
|
1.
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ITAC
will pay 1% (1 percent) fee, up to a cap of 330,000 USD , for an
introduction of a company to be ITAC for Merger or
Acquisition.
|
|
2.
|
The
payment depends upon:
|
|
a.
|
The
introduced company will close a transaction of Merger /Acquisition
with
ITAC.
|
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b.
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Approval
of the transaction by : the BOD and shareholders of ITAC, SEC and
NASDAQ
|
|
c.
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The
introduced company is not known to the management of
ITAC.
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/s/
Xxxxxx Xxxxxx
|
/s/
Xxxxxx Xxxxxxx
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|
|
/s/
Xxxx Xxxxxxxx
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Xxxxxx
Xxxxxx Ventures Ltd.
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