Company: RGNT
Filing Date: 2025-02-12
Form Type: DRS/A
Source: 0001213900-25-012299
Chunk: 171

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-02-12
Form: DRS/A
Chunk 171
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ary evaluation of the executive officer’s overall performance by our chief executive officer and is subject to
minimum thresholds. The annual cash bonus that may be granted to executive officers (excluding our chief executive officer) may be
based entirely on a discretionary evaluation. Furthermore, our chief executive officer will be entitled to recommend performance
objectives, and such performance objectives will be approved by our compensation committee and, if required by law, by our board of
directors.

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The performance-measurable
objectives of our chief executive officer will be determined annually by our compensation committee and board of directors. Such objectives
will include the weight assigned to each achievement in the overall evaluation. A less significant portion of the chief executive officer’s
annual cash bonus may be based on a discretionary evaluation of the chief executive officer’s overall performance by the compensation
committee and the board of directors based on quantitative and qualitative criteria.

Equity-based compensation
for executive officers (including members of our board of directors) will be designed in a manner consistent with the underlying objectives
in determining such person’s annual cash bonus; namely, to enhance the alignment between such person’s interests with the
company’s long-term interests and those of our shareholders and to strengthen the retention and motivation of such persons in the
medium to long term.

Our compensation policy will
provide for executive officer’s compensation to be in the form of share options or other equity-based awards, such as restricted
shares and restricted share units, in accordance with our share incentive plan then in place. All equity-based incentives granted to executive
officers shall be subject to vesting periods in order to promote long-term retention of the awarded executive officers. Equity-based compensation
shall be granted from time to time and will be individually determined and awarded based on the performance, educational background, prior
business experience, qualifications, role and the personal responsibilities of the executive officer.

In addition, our compensation
policy will contain compensation recovery provisions that will allow the company, under certain conditions, to recover bonuses paid in
excess of what should have been received. Moreover, the compensation policy will enable our chief executive officer to approve immaterial
changes to the terms of an executive officer’s employment (provided that the changes of the terms of employment are in accordance
our compensation policy) and will allow the company to exculpate, indemnify and insure our executive officers and directors subject to
certain limitations.

Our compensation policy will
also provide for compensation for the members of our board of directors