Company: RGNT
Filing Date: 2025-05-19
Form Type: F-1/A
Source: 0001213900-25-045479
Chunk: 158

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-05-19
Form: F-1/A
Chunk 158
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, 2025, our shareholders approved a one-time payment to Mr. Ehud Geller in the amount of $500,000
in consideration of his services to the Company since 2019, for which he has not received compensation. The payment is conditional upon
the closing of this offering. Subsequent to the shareholders’ approval of the payment, Mr. Geller agreed that $250,000 will be
paid upon completion of this offering and the remainder will be deferred until the Company completes a future fundraising.

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 NYSE American, 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 engaged 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