Itzhak Wulkan Ventures Ltd. 23 Golomb St. Raanana Israel 43303 Tel: +972-97412535
EX-10.22 12 v048256_ex10-22.htm
Itzhak Wulkan Ventures Ltd.
23 Golomb St.
Raanana Israel 43303
Tel: +972-97412535
November 6th 2005
Finder’s Fee Agreement
An agreement signed between ITAC Inc (Israeli Technology Acquisition Company) and Itzhak Wulkan Ventures Ltd. on November 6th 2005.
| 1. | 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. |
| b. | Approval of the transaction by : the BOD and shareholders of ITAC, SEC and NASDAQ |
| c. | The introduced company is not known to the management of ITAC. |
| /s/ Itzhak Wulkan | /s/ Israel Frieder | |
| /s/ Dael Schnider | ||
| Itzhak Wulkan Ventures Ltd. | Israel Technology Acquisition Corp. |
