Eighth Supplement to Lease Agreement between Jerusalem Technology Park Ltd. and GuruNet Israel Ltd. (July 25, 2010)

Contract Categories: Real Estate › Lease Agreements
Summary

This agreement is an amendment to a previous office lease between Jerusalem Technology Park Ltd. (landlord) and GuruNet Israel Ltd. (tenant). It covers the entire 7th floor of Building 2 at Jerusalem Technology Park, totaling 1,055 square meters. The lease runs from August 1, 2010, to July 31, 2013, with an option for the tenant to extend for three more years. The monthly rent is about $28,000, based on a set exchange rate. The tenant may sublease the space under certain conditions.

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EX-10.31 3 ex10-31.htm EXHIBIT 10-31 ex10-31.htm
 

Exhibit 10.31
Eighth Supplement to October 3, 1999 Lease for Office Space at Jerusalem Technology Park, Jerusalem, Israel, entered into on July 25, 2010
 
Summary of Key Terms:
 
 
1.  
Landlord: Jerusalem Technology Park Ltd.
 
 
2.  
Tenant: GuruNet Israel Ltd.
 
 
3.  
Space Description: Entire 7th floor of the tower (building 2) in the Jerusalem Technology Park (Total of 1,055 square meters)
 
 
4.  
 Term: August 1, 2010 through July 31, 2013; with an option to extend for an additional 3 year period
 
 
5.  
Rent:  Rent: monthly rental rate of approximately $28,000 based on the Dollar-NIS exchange rate on December 31, 2010
 
 
6.  
Right to Sublease: available to Tenant, under certain circumstances.