Company: RGNT
Filing Date: 2025-05-19
Form Type: F-1/A
Source: 0001213900-25-045479
Chunk: 273

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-05-19
Form: F-1/A
Chunk 273
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 Medical (Marketing) Ltd. (“Teva”) in connection with GelrinC. In April 2022, we amended the                 
 Baxter Services Agreement to replace Teva as the supplier of Tisseel under the Supply Agreement for GelrinC with Baxter as Teva ceased 
 to distribute Tisseel in Israel.                                                                                                       |

Under the Baxter Services Agreement,
Baxter provides the Company with quality, regulatory and technical support, for up to a maximum aggregate of 40 man-hours per year for
all such support. In consideration for receiving such support, the Company pays Baxter $60 per year until the Company received Food and
Drug Administration (the “FDA”) approval to market GelrinC in the United States. Following FDA approval to market GelrinC
in the United States, the Company will pay Baxter $200 per year during the term of this Services Agreement; however, the year the Company
will receive an FDA approval to market GelrinC in the United States, the Company must pay the remining $140 balance for that year within
30 days after receiving such approval. The Company incurred expenses under the Services Agreement of $60 in each of the year ended December
31, 2024 and 2023.

| 3. | In July 2008, the Company entered into a Supply Agreement with Baxter and Teva which was amended                                    
 and restated on January 6, 2009, pursuant to which the Company agreed to purchase Tisseel VHSD fibrin sealant Kit (the “Tisseel”),  
 from Teva, with Teva being Baxter’s exclusive distribution agent in Israel for Tisseel, for manufacture of GelrinC. The Supply      
 Agreement was amended and restated. The Supply Agreement provides for up to 1,000 kits of Tisseel of the 2 ml Tisseel kit, or 500   
 kits of Tisseel of the 4 ml Tisseel kit, or 200 kits of Tisseel the 10 ml Tisseel kits per year at a fixed purchase price of $0.136 
 per unit. The payments under the Supply Agreement are due 30 days from the date of invoice and the Company is subject to a service  
 charge of 1% per month on all amounts past due.                                                                                     |

The Supply Agreement had an initial
term of 3 years which ended on April 1, 2011; however, the Supply Agreement has an ever-green clause and is automatically renewable for
consecutive 1