CUSTOMER AGREEMENT No 7/ __

The CONTRACTOR hereby undertakes to render consulting services to the CUSTOMER upon the CUSTOMER’S instruction in the matters of incorporation of companies in the areas with privileged and zero taxation, and to register a company in accordance with the “Application for incorporation of a company” executed by the CUSTOMER.

The CONTRACTOR shall:

fulfill the assignment agreed by the PARTIES in accordance with this AGREEMENT and appendices attached hereto and constituting integral parts hereof.

use its best efforts to complete with due quality the actions assigned hereunder;

provide to the CUSTOMER, upon its request, the current information about the progress of performance of this Agreement;

complete the assignment by the deadlines agreed in the valid Appendices.

The CONTRACTOR shall be:

responsible to ensure that the company acquired by the CUSTOMER has not carried out any business and has no financial obligations;

entitled to obtain from the CUSTOMER all and any information necessary for implementation of the AGREEMENT with proper quality.

The CUSTOMER shall:

accept the work carried out by the CONTRACTOR in accordance with this Agreement and pay for the CONTRACTOR’S work in accordance with the Appendix hereto;

provide to the CONTRACTOR, upon its request, the information necessary for proper and timely fulfillment of the AGREEMENT.

The Parties shall keep confidential all and any information concerning this agreement.

Value of the work performed hereunder has been agreed by the PARTIES in accordance with the Appendix hereto.

The CUSTOMER and the CONTRACTOR shall be liable for non-performance or improper performance of their respective obligations stipulated herein in accordance with the applicable laws of ISRAEL.

The PARTIES shall be entitled to apply special provisions to the performance of work.

The special provisions shall be fixed in an additional agreement.

The AGREEMENT shall come into effect upon signing and it shall remain in effect until the PARTIES complete their respective obligations hereunder.

Neither of the PARTIES shall be hold liable for non-performance or improper performance of any of their respective obligations hereunder if such non-performance or untimely/improper performance results exclusively from the onset and/or existence of force majeure circumstances.

Failure on part of the PARTY unable to meet its obligations hereunder to notify or delayed notification of the other PARTY about the onset of force majeure circumstances shall deprive such PARTY from the right of referring to such circumstances as excuse of the default.

Any disputes arising in the course of implementation of the provisions of this Agreement shall be settled by negotiations between duly authorized representatives of the PARTIES. Should the PARTIES fail to settle the concerned disputes by means of negotiations, the disputes shall be subject to settlement in accordance with the applicable norms of Civil Law of ISRAEL.

The AGREEMENT has been executed in two counterparts, one for each PARTY, and both the counterparts have equal legal validity.

The CUSTOMER:
_____________________
Passport No: ________________
address: _______________________________________________
telephone +__________________________
e-mail:_____________________________

The CONTRACTOR:
BIM Projects Ltd
Reg. No 513130997, ISRAEL
address: 9 Menachem Begin Street, Giv'at Shemuel, ISRAEL, 54421
telephone +972 777 191 009

Incorporation of a company in accordance with the “Application for incorporation of a company” executed by the CUSTOMER on ­­­____   ____________ 2007.

Opening of account for the company with _______________ in _______________.

The service specified in paragraph 1.1 herein shall be completed within 20 (twenty) business days from payment of the invoice issued by the CONTRACTOR, provided that the CUSTOMER provides to the CONTRACTOR, upon its request, the information necessary for proper and timely fulfillment of the assignment in accordance with the requirements of the “Application for registration of a company” – passport copy of the authorized representative, detailed description of the sphere of business to be carried out by the company.

The bank account shall be opened when correctly filled in bank documents are received and notarized passport data and authorized signature of the official entitled to sign in respect of the account is presented within 14 (fourteen) business days.

The order value shall comprise:

value of the service specified in paragraph 1.1 hereof – ___________ EUR or ________USD;

value of the service specified in paragraph 1.2 hereof – ___________ EUR or ________USD.

The CUSTOMER shall pay the amount of ____ EUR (__________________________) or ______USD (__________________________) within three bank days from signing of this AGREEMENT and receipt of the account notification from the CONTRACTOR. The bank and inter-bank commission shall be paid by the CUSTOMER.