Company: RGNT
Filing Date: 2025-03-11
Form Type: F-1
Source: 0001213900-25-022350
Chunk: 184

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-03-11
Form: F-1
Chunk 184
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 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 the employee income track or the capital gains track.

Options granted under the
2009 Plan are subject to applicable vesting schedules and generally expire 10 years from the grant date.

In the event that options
allocated under the 2009 Plan expire or otherwise terminate in accordance with the provisions of the 2009 Plan, such expired or terminated
options will become available for future grant awards and allocations under the 2009 Plan.

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PRINCIPAL SHAREHOLDERS</div>

The following