Company: RGNT
Filing Date: 2025-03-11
Form Type: F-1
Source: 0001213900-25-022350
Chunk: 155

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-03-11
Form: F-1
Chunk 155
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will have an exercise price of NIS 0.01 and will expire on the ten-year-anniversary of the grant date.

In
addition, the Company will pay a one-time cash bonus of $250,000 to Mr. Ehud Geller upon the completion of this offering.

Engagement Agreements with Executive Officers

We
have entered into written engagement or consultancy agreements with each of our executive officers, including our Chairman, Dr. Ehud
Geller and our Chief Executive officer, Dr. Eli Hazum. These agreements are terminable by either party upon 60 days’ prior written
notice. All of these agreements contain customary provisions regarding noncompetition, confidentiality of information and assignment
of inventions. None of such agreements contain any terms providing for severance benefits. However, the enforceability of the noncompetition
provisions may be limited under applicable law. In addition, we intend to enter into indemnification agreements, subject to the listing
of our securities on the Nasdaq Capital Market, with each executive officer and director pursuant to which we will indemnify each of
them up to a certain amount and to the extent that these liabilities are not covered by directors and officers’ insurance.

We
have also entered into a Chief Financial Officer Services Agreement, or the CFO Services Agreement, dated December 5, 2022, with Shimony,
pursuant to which the Company retains CFO services from Shimony that are provided by Mr. Arie Gordashnikov. Mr. Gordashnikov, who has
been employed by the Company since October 1, 2022, serves as the Chief Financial Officer of the Company and devotes all of the time
and effort required for our business and activities on a full-time basis. Pursuant to the CFO Services Agreement, Mr. Gordashnikov is expected to continue to serve as our CFO following the completion of this offering, and the Company will pay Shimony $3,000 per month plus Value-Added Tax for Mr. Gordashnikov’s services from such time as the Company completes an IPO. The CFO Services Agreement may be terminated by either the Company or Shimony upon 60 days’ prior written notice. The CFO Services Agreement further provides that Mr. Gordashnikov shall not provide CFO services to any third party and shall not engage in any other employment, consulting or other business activity (whether full-time or part-time) that would create a conflict of interest with the Company. The CFO Services Agreement also includes standard non-compete