Exhibit 10.5
_______________, 2000
Unity Emerging Technology Venture One Ltd.
000 Xxxxx Xxxxxx, Xxxxx 0000
Xxx Xxxx, Xxx Xxxx 00000
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 000 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Xxxxx
0000. 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:______________________________
Xxxxxxxx Xxxxxxxx, President
Agreed to and Accepted by:
UNITY EMERGING TECHNOLOGY
VENTURE ONE LTD.
By:_________________________
Xxxxxx Xxxxx, Secretary