Company: DRTSW
Filing Date: 2025-03-12
Form Type: 20-F
Source: 0001213900-25-023187
Chunk: 224

Company: Alpha Tau Medical Ltd.
Filing Date: 2025-03-12
Form: 20-F
Item: Item 6
Chunk 224
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shares resulting from such adjustment shall be rounded to the nearest whole share unless otherwise determined by the Administrator and
the company shall have no obligation to make any cash or other payment with respect to such fractional shares. In the event of a distribution
of a cash dividend to all shareholders, the Administrator may determine, without the consent of any holder of an award, that the exercise
price of an outstanding and unexercised award shall be reduced by an amount equal to the per share gross dividend amount distributed by
us, subject to applicable law.

In the event of a merger or
consolidation of our business or a sale of all, or substantially all, of our shares or assets or other transaction having a similar effect
on us, or change in the composition of the board of directors, or liquidation or dissolution, or such other transaction or circumstances
that our board of directors determines to be a relevant transaction, then without the consent of the grantee and without any prior notice
requirement, (i) unless otherwise determined by the Administrator, any outstanding award will be assumed or substituted by us, or such
successor corporation, or by any parent or affiliate thereof, or (ii) regardless of whether or not awards are assumed or substituted (a)
provide the grantee with the option to exercise the award as to all or part of the shares, and may provide for an acceleration of vesting
of unvested awards, (b) cancel the award and pay in cash, our shares, the acquirer or other corporation which is a party to such transaction
or other property as determined by the Administrator as fair in the circumstances, or (c) provide that the terms of any award shall be
otherwise amended, modified or terminated, as determined by the Administrator to be fair in the circumstances.

2021 Employee Share Purchase Plan

Upon closing of the Business
Combination, we adopted the 2021 Employee Share Purchase Plan (the “ ESPP”). The ESPP is comprised of two distinct components:
(1) the component intended to qualify for favorable U. S. federal tax treatment under Section 423 of the Code (the “ Section 423 Component”)
and (2) the component not intended to be tax qualified under Section 423 of the Code to facilitate participation for employees who are
not eligible to benefit from favorable U. S. federal tax treatment and, to the extent applicable, to provide flexibility to comply with
non U. S. law and other considerations (the “ Non Section 423