Company: ENTXW
Filing Date: 2025-06-05
Form Type: DEF 14A
Source: 0001178913-25-002111
Chunk: 90

Company: Entera Bio Ltd.
Filing Date: 2025-06-05
Form: DEF 14A
Chunk 90
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 the Board.                                         
 The annual bonuses approved by the Compensation Committee and the Board shall be paid to the Officers with                       
 the first monthly salary paid after the approval of the annual bonuses by the Board.                                             |

| 7.2.2. | Special bonus |

The Company's Compensation Committee and Board shall be authorized to award any of the Company's Officers a one-time special bonus (which is only based on non-measurable criteria) of up to an amount equal to a six month base salary (in addition to the annual bonus), in recognition of a significant achievement or for completion of an assignment, such as completion of a major transaction or achieving a major milestone with material effect over the Company's business, subject to applicable law. Such bonus is individual for any Officer and should be approved by the Company’s Compensation Committee and Board. Notwithstanding the aforesaid, the Company shall be authorized to award a special cash bonus which is only based on non-measurable criteria, only if the annual value of such bonus does not exceed an aggregate three months base salary, subject to applicable law.

| 7.2.3. | Equity-Based Compensation |

The Company's Compensation Committee and Board believe that as part of the Office Holders' total compensation package, it is appropriate to offer a component of equity-based compensation, as customary by companies whose shares are publicly listed on the NASDAQ Stock Market or any other stock exchange, for the purpose of advancing the interests of the Company's shareholders by enhancing the Company's ability to attract, retain and motivate individuals to perform at the highest level. By virtue of the long-term nature of equity-based compensation plans, they support the Company's ability to retain senior managers in their position for the long term. In view of the advantages of equity-based compensation plans, the Company shall offer its Office Holders, including directors (subject to the provisions of the Compensation Regulations), participation in an equity-based compensation plan according to the provision set forth below:

| 7.2.3.1. | Equity Incentive Plan                                                                                                                   
 Subject to the approval of the Company's competent organs, as prescribed by law, the                                                    
 Company may offer Officers and Directors participation in an equity-based compensation plan (“Equity                                    
 Incentive Plan”), which may  include  options to  purchase  shares, share appreciation rights, restricted                               
 shares, restricted share units, performance awards or other share-based awards (herein described collectively as “Awards”).             
 The Equity Incentive Plan may provide for granting Awards in compliance with