Company: NCEL
Filing Date: 2025-07-18
Form Type: F-4/A
Source: 0001213900-25-065783
Chunk: 484

Company: NewcelX Ltd.
Filing Date: 2025-07-18
Form: F-4/A
Chunk 484
---
 Common Shares in consideration for board fees of $4,595; • Mr. George Apostol was granted 366 NLS Common Shares in consideration for board fees of $2,068; • Mr. Gian-Marco Rinaldi was granted 807 NLS Common Shares in consideration for board fees of $4,555; • Ms. Audrey Greenberg was granted 266 NLS Common Shares in consideration for board fees of $1,502; and • Ms. Florence Aknin Allouche was granted 266 NLS Common Shares in consideration for board fees of $1,502.

260 Employment Agreements with Senior Management We have entered into written employment or service agreements with our Chief Executive Officer, Chief Financial Officer and Chief Scientific Officer, currently our only members of senior management. Except for our Chief Executive Officer, our other members of the management team are not engaged as full -timeemployees as of December31, 2024. We have entered into consulting or employment agreements with our other management and employees. All of these agreements contained provisions regarding noncompetition, confidentiality of information and assignment of inventions. However, the enforceability of the noncompetition provisions may be limited under applicable law and, our assignment of inventions agreements with our senior management contain terms and conditions customary under Swiss law. In addition, our senior management are subject to our directors’ and officers’ liability insurance policy, which we obtained prior to the initial public offering. Members of our senior management are eligible for bonuses each year. The bonuses will be payable upon meeting objectives and targets that are set annually by our board of directors and compensation and governance committee, and, in certain circumstances, upon approval by our shareholders. 261 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS NLS Employment Agreements NLS has entered into written employment agreements with its Chief Executive Officer and Chief Scientific Officer. Our other members of management are not engaged as employees as of July 9, 2025. All employment agreements that we enter into contain provisions regarding noncompetition, confidentiality of information and assignment of inventions. However, the enforceability of the noncompetition provisions may be limited under applicable law and, our assignment of inventions agreements with our executive officers will contain terms and conditions customary under Swiss law. In addition, our executive officers are subject to our directors and officers insurance policy. Our executive officers are eligible for bonuses each year. The bonuses will be payable upon meeting objectives and targets that are set annually by the NLS Board and compensation, nomination and governance committee, and, in certain circumstances, upon approval