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Document Preview Uncontrolled Rent Agreement |
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Title: |
Uncontrolled Rent Agreement |
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Entities: |
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Date: |
2002 |
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Size: |
9KB total |
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Price: |
$40 |
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ID: |
#426589 |
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Attached hereto is an English translation of the original
Hebrew version of the Lease Agreement between Organitech and Nesharim, dated
February 23, 2000. 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/ Lior Hessel
-------------------------------------
Lior Hessel, Chief Executive Officer
Date: April 12, 2002
{PAGE}
UNCONTROLLED RENT AGREEMENT
Took place and signed on the date 23 February 2000
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Between:
"Nesharim" the economy company for Nesher Ltd. by Neser city hall, whose address
is: Derek Hashalom 20 (hereafter "Nesharim") by the chairman of the directory,
Mr. David Amar - Mayor of the municipality of Nesher, and Dr. Oded Sharon, the
general manager of "Nesharim".
And Between
Organitech Ltd. by authorized signers: Lior Hesel + Zoar Gandler
Science Park "Technion Nesher" - POB 212, Nesher 36601, hereafter, "The Company"
As: Organitech Ltd is interested in renting the "shed" that is attached to Bld.
5, in proximity of Nesher factory, as indicated by a red line in the map
attached below "the rented area".
And as; "Nesharim" claims that it has the right to rent this building to the
company under the conditions and period which are stated in this agreement.
And as: the signers in the name of "Nesharim" and in the name of "The Company"
as indicated in the title, declares by this, each separately, that they have the
authority to sign in the name of those who gave them this authority, and to
obligate them as stated in this agreement.
And as: "Nesharim" is interested in renting the building to "The Company" under
the conditions specified in the agreement.
And as: "The Company" declares by this that it is interested in renting the
building and will use it for the needs that were authorized by the Office of
Research and Development.
And as: "Nesharim" and "The Company" are interested in arranging the rental
agreement in written form.
IT IS THEREFORE AGREED BETWEEN THE TWO PARTIES AS FOLLOWS :
{PAGE}
1. The above introduction is an inseparable part of the following agreement and
the parties repeatedly declare the veracity of their declarations.
2. The parties declare that key deposits are not paid and that the laws of rent
control do not apply to this type of rental, according to this agreement.
3. "Nesharim" rents this building to "The Company", and "The Company" rents
from "Nesharim" the building, for the period and and under the conditions
that are stated in this agreement.
4. "The Company" is obligated by this to not store and not allow others to
store materials of any amount, or to leave them outside of the building.
The storage of raw or processed materials, will be only within the building
and in accordance with the requirements of the Ministry of Environmental
Protection or any other authority, with regard to the type and amount of
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