Administrative Services and Office Space Agreement between Unity Venture Capital Associates Ltd. and Unity Emerging Technology Venture One Ltd.

Summary

Unity Venture Capital Associates Ltd. agrees to provide Unity Emerging Technology Venture One Ltd. with secretarial and administrative services, as well as 500 square feet of office space at 245 Fifth Avenue, New York, for a monthly fee of $5,000. Either party can terminate the agreement with 30 days' written notice. The agreement is confirmed by signatures from both companies' representatives.

EX-10.5 11 a2023994zex-10_5.txt EXHIBIT 10.5 Exhibit 10.5 _______________, 2000 Unity Emerging Technology Venture One Ltd. 245 Fifth Avenue, Suite 1600 New York, New York 10016 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 245 Fifth Avenue, New York, New York 10016, Suite 1600. 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:______________________________ Lawrence Burstein, President Agreed to and Accepted by: UNITY EMERGING TECHNOLOGY VENTURE ONE LTD. By:_________________________ Norman Leben, Secretary