NOTE 9: - RELATED PARTIES

The Chairman of the Company's board of directors is a senior partner in the law firm which represents the Company in intellectual property and commercial matters (the "Service Provider"). The Service Provider charges the Company for services it renders on an hourly basis. The trade payable balances were $ 118 and $ 330, respectively as of December 31, 2014 and 2013 and transactions with Service Provider charged to general and administrative expense were $ 749, $ 555 and $ 365, respectively as of December 31, 2014, 2013 and 2012.

In February 2012 the Company settled part of its outstanding debt to a related party by issuance of fully vested warrants, (for details about the issuance Note 7e2).

As part of an agreement of the Company with one of its members of the board of directors signed in May 2011, the Company recorded an expense amounting to $ 66 in 2013 for services provided by the director in his position as Chief Scientific Officer. During December 2013 the director resigned as Chief Scientific Officer and the $ 66 was subsequently paid in January 2014.