Company: RGNT
Filing Date: 2025-01-24
Form Type: DRS
Source: 0001213900-25-006245
Chunk: 182

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-01-24
Form: DRS
Chunk 182
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 the Securities 
 Law; and                                                                                                                               |

| ● | expenses incurred by an                                                                                                          
 office holder in connection with an Administrative Procedure, including reasonable litigation expenses and reasonable attorneys’ 
 fees.                                                                                                                            |

Under the Companies Law,
a company may not indemnify, exculpate or insure an office holder against any of the following:

| ● | a breach of duty of loyalty,                                                                                                     
 except for indemnification and insurance for a breach of the duty of loyalty to the company to the extent that the office holder 
 acted in good faith and had a reasonable basis to believe that the act would not harm the company;                               |

| ● | a breach of the duty of                                                                                                   
 care committed intentionally or recklessly, excluding a breach arising out of the negligent conduct of the office holder; |

| ● | an act or omission committed                       
 with intent to derive illegal personal benefit; or |

| ● | a fine or forfeit levied   
 against the office holder. |

Under the Companies Law,
exculpation, indemnification and insurance of office holders must be approved by the compensation committee and the board of directors
and, with respect to certain office holders or under certain circumstances, also by the shareholders. See “Management—Board
practices—Fiduciary duties and approval of specified related party transactions under Israeli law.”

Our amended and restated
articles of association to be in effect upon completion of this offering permit us to, exculpate, indemnify and insure our office holders
as permitted under the Companies Law. Our office holders are currently covered by a directors and officers’ liability insurance
policy. We intend to obtain a new policy that insures our officers and directors against the cost of defense, settlement or payment of
a judgment in some circumstances and insures us against our obligations to indemnify our officers and directors. We are not aware of
any pending or threatened litigation or proceeding involving any of our directors or officers in which indemnification is sought, nor
are we aware of any pending or threatened litigation that may result in claims for indemnification by any director or officer.

We have entered and will
enter into agreements with each of our directors and executive officers exculpating them, to the fullest extent permitted by Israeli
law, from liability to us for damages caused to us as a result of a breach of duty of care, and undertaking to indemnify them to the
fullest extent permitted by the Israeli law. The insurance is subject to our discretion depending on its availability, effectiveness