Company: RGNT
Filing Date: 2025-02-12
Form Type: DRS/A
Source: 0001213900-25-012299
Chunk: 184

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-02-12
Form: DRS/A
Chunk 184
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63,570 additional Ordinary Shares available for
future issuance. Of such outstanding options, options to purchase 31,716 Ordinary Shares were vested as of December 31, 2023, with an
exercise price of $ 9.933 per share.

The 2009 Plan provides for
options to be granted at the determination of our board of directors (which is entitled to delegate its powers under the 2009 Plan to
our compensation committee) subject to applicable laws. Upon termination of employment for any reason, other than in the event of death
or disability or for cause, all unvested options will expire and all vested options at time of termination will generally be exercisable
for 90 days following termination, subject to the terms of the 2009 Plan and the governing option agreement. If we terminate a grantee’s
employment or engagement for cause (as defined in the 2009 Plan) the grantee’s right to exercise all vested and unvested the options
granted to him or her will expire immediately. Upon termination of employment due to death or disability, all the vested options at the
time of termination will be exercisable for 12 months after date of termination, subject to the terms of the 2009 Plan and the governing
option agreement.

Pursuant to the 2009 Plan,
we may award options pursuant to Section 102 of the Israeli Income Tax Ordinance [New Version], 5721-1961, or the Ordinance, and section
3(I) of the Ordinance, based on entitlement and compliance with the terms for receiving options under these sections of the Ordinance.
Section 102 of the Ordinance provides to employees, directors and officers who are not controlling shareholders (i.e., such persons are
not deemed to hold 10% of our share capital, or to be entitled to 10% of our profits or to appoint a director to our board of directors)
and are Israeli residents, favorable tax treatment for compensation in the form of shares or options issued or granted, as applicable,
to a trustee under the “capital gains track” for the benefit of the applicable employee, director or officer and are (or
were) to be held by the trustee for at least two years after the date of grant or issuance. Options granted under Section 102 of the
Ordinance will be deposited with a trustee appointed by us in accordance with Section 102 of the Ordinance and the relevant income tax
regulations and guidelines, and will be granted in