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English Summary Translation of Lease Agreement dated between Ectel Ltd. and Industrial Building Corporation Ltd. (Hevrat Mivne Ta’asiya)
Lease Agreement • June 28th, 2005 • Ectel LTD • Telephone & telegraph apparatus

In March, 2005 we entered into a Lease Agreement with Industrial Building Corporation Ltd. pursuant to which we will occupy, as of July 10, 2005, a four-story building (approximately 37,232 sq. feet) in Rosh Ha’ayin, Israel, under the following terms:

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