Company: DRTSW
Filing Date: 2025-03-12
Form Type: 20-F
Source: 0001213900-25-023187
Chunk: 226

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-03-12
Form: 20-F
Item: Item 6
Chunk 226
---
respect to the Non-Section 423 Component, designated subsidiaries may include any corporate or noncorporate entity in which we have a
direct or indirect equity interest or significant business relationship. Under the Section 423 Component, no employee may be granted a
purchase right if, immediately after the purchase right is granted, the employee would own (or, under applicable statutory attribution
rules, would be deemed to own) shares possessing 5% or more of the total combined voting power or value of all classes of shares and other
securities of ours or any of our subsidiaries. In addition, in order to facilitate participation in the ESPP, the compensation committee
may provide for such special terms applicable to participants who are citizens or residents of a non-U. S. jurisdiction, or who are employed
by a designated subsidiary outside of the U. S., as the compensation committee may consider necessary or appropriate to accommodate differences
in local law, tax policy or custom. Except as permitted by Section 423 of the Code, with respect to the Section 423 Component, such special
terms may not be more favorable than the terms of rights granted under the Section 423 Component to eligible employees who are residents
of the United States.

Offering Periods. The
ESPP provides for offering periods, not to exceed 27 months each, during which we will grant rights to purchase ordinary shares to our
employees. The timing of the offering periods will be determined by the ESPP Administrator. The terms and conditions applicable to each
offering period will be set forth in an offering document adopted by the ESPP Administrator for the particular offering period. The provisions
of offerings during separate offering periods under the ESPP need not be identical.

Contributions. The
ESPP permits participants to purchase ordinary shares through contributions (in the form of payroll deductions, or otherwise, to the extent
permitted by the ESPP Administrator). The percentage of compensation designated by an eligible employee as payroll deductions for participation
in an offering may not be less than 1% and may not be more than the maximum percentage specified by the ESPP Administrator in the applicable
offering document (which maximum percentage shall be 20% in the absence of any such specification). A participant may increase or decrease
the percentage of compensation designated in his or her subscription agreement, or may suspend his or her payroll deductions, at any time
during an offering period; provided, however, that the ESPP Administrator may limit the number of changes a participant may make in the
applicable