Company: INCR
Filing Date: 2025-05-01
Form Type: 20-F
Source: 0001641172-25-007971
Chunk: 108

Company: Intercure Ltd.
Filing Date: 2025-05-01
Form: 20-F
Item: Item 6
Chunk 108
---
 companies in Israel.
Employment Agreements
 
We have entered into written employment or services agreements with each of our executive officers. All of these agreements contain customary provisions regarding noncompetition, confidentiality of information and most of them contain also customary provisions regarding assignment of inventions. However, the enforceability of the noncompetition provisions may be limited under applicable law. In addition, we have entered into agreements with each executive officer and director pursuant to which we have agreed to indemnify each of them up to a certain amount and to the extent that these liabilities are not covered by directors and officers insurance. Members of our senior management may be eligible for bonuses in accordance with our compensation policy and as set forth by our board of directors.

80
--
Directors’ Service Contracts
 
We do not have written agreements with any director providing for benefits upon the termination of his or her engagement with our company.
 
Oversight and Description of Compensation
 
Compensation of Directors
 
Under the Companies Law, the compensation of external directors is set in the regulations thereto, and the compensation of directors of a public company requires the approval of the compensation committee, the subsequent approval of the board of directors and, unless exempted under regulations promulgated under the Companies Law, the approval of the shareholders at a general meeting. If the compensation of directors is inconsistent with a company’s stated compensation policy, then, those provisions that must be included in the compensation policy according to the Companies Law must have been considered by the compensation committee and board of directors, and the approval by the company shareholders “Special Majority” which requires the approval by a majority vote of the shares present at voting at a meeting of shareholders called for such purpose provided that either:

●                                                                    At                                                                 
    least a majority of the shares held by shareholders who are not controlling shareholders and do not have a personal interest in such
           matter, present and voting at such meeting, are voted in favor of the compensation package, excluding abstentions; or        
----------------------------------------------------------------------------------------------------------------------------------------
●   The                                                                                                                                 
    total number of shares of non-controlling shareholders and shareholders who do not have a personal interest in such matter voting   
    against the compensation package does not exceed 2% of the aggregate voting rights in the company.                                  
Compensation of Executive Officers
 
Our Compensation Committee is responsible for, among other things, evaluating the performance of our executive officers, determining or making recommendations to the board with respect to the compensation of our executive officers, making recommendations to the board with respect to director compensation, incentive compensation plans and equity-based plans, making recommendations