Company: ENTXW
Filing Date: 2025-06-05
Form Type: DEF 14A
Source: 0001178913-25-002111
Chunk: 61

Company: Entera Bio Ltd.
Filing Date: 2025-06-05
Form: DEF 14A
Chunk 61
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 2035, or such earlier date in accordance with the 2018 Plan or the Company’s option agreement.                                                                                          |

| (ii) | 2025 RSU Grant in Lieu of Cash Bonus. Ms. Toledano will be entitled to receive a one-time grant of 136,842 RSUs in lieu of cash bonus (the “2025 RSUs”) under the 2018 Plan, and subject to the requirements of applicable laws and              
 regulations. The 2025 RSUs shall vest as follows: provided that Ms. Toledano has not undergone a Termination of Service (as defined in the 2018 Plan) prior to the applicable vesting date, the 2025 RSUs shall vest over a one (1) year period, 
 with 100% of the 2025 RSUs vesting in four substantially equal portions over the 12 month period following April 28, 2025, on a quarterly basis, rounded down to the nearest whole share, provided, that with respect to the last such quarterly 
 installment, the number of 2025 RSUs that vest in the installment shall be such that Ms. Toledano will be fully vested in the total number of 2025 RSUs listed above as of such applicable quarterly anniversary (i.e., such that one hundred    
 percent (100%) of the 2025 RSUs shall become fully vested on April 28, 2026); provided further, however, that in the event of the Change in Control in which Ms. Toledano continues to provide services to the Company on the date of            
 consummation of such Change in Control, 100% of any unvested 2025 RSUs at the time of the consummation of such Change in Control shall become fully vested.                                                                                      |

| (iii) | 2025 Salary Increase. Ms. Toledano will be entitled to an annual salary of $600,000 (the “Updated Salary”), effective as of April 1, 2025, in accordance with the Company’s regular payroll practice in effect from time to time. For           
 the avoidance of doubt, all other terms and social benefits under the A&R Employment Agreement affected by a base salary shall be updated in accordance with the Updated Salary effective as of April 1, 2025. Notwithstanding the              
 foregoing, with respect to the 12-month period beginning April 1, 2025, in order to preserve Company cash, Ms. Toledano will