Company: ENTXW
Filing Date: 2025-05-14
Form Type: PRE 14A
Source: 0001178913-25-001794
Chunk: 68

Company: Entera Bio Ltd.
Filing Date: 2025-05-14
Form: PRE 14A
Chunk 68
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 as of such applicable quarterly anniversary (i.e., such that one hundred percent (100%) of the 2025 Options shall become fully vested on April 28, 2028); provided further, however, that in the event of a Change in Control (as defined in the 2018 Plan) in which Ms. Yaacov-Garbeli continues to provide services to the Company on the date of consummation of such Change in Control, 100% of any unvested 2025 Options at the time of the consummation of such Change in Control shall become fully vested and exercisable. The expiration date of the 2025 Options shall be April 28, 2035, or such earlier date in accordance with the 2018 Plan or the Company’s option agreement. |

| (ii) | 2025 RSU Grant. Ms. Yaacov-Garbeli will be entitled to receive a one-time grant of 26,316 RSUs (the “2025 RSUs”) in lieu of cash bonus for 2024 under the 2018 Plan, and subject to the requirements of applicable laws and regulations. The 2025 RSUs shall vest as follows: provided that Ms. Yaacov-Garbeli 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. Yaacov-Garbeli 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. Yaacov-Garbeli 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