Company: RGNT
Filing Date: 2025-02-12
Form Type: DRS/A
Source: 0001213900-25-012299
Chunk: 163

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-02-12
Form: DRS/A
Chunk 163
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 company in which
such external director served, and its controlling shareholder or any entity under control of such controlling shareholder may not, directly
or indirectly, grant such former external director, or his or her spouse or child, any benefit, including by way of (i) the appointment
of such former director or his or her spouse or his child as an officer in the company or in an entity controlled by the company’s
controlling shareholder, (ii) the employment of such former director, and (iii) the engagement, directly or indirectly, of such former
director as a provider of professional services for compensation, directly or indirectly, including via an entity under his or her control.
With respect to a relative who is not a spouse or a child, such limitations only apply for one year from the date such external director
ceased to be engaged in such capacity.

The provisions of the Companies
Law set forth special approval requirements for the election of external directors. External directors must be elected by a majority vote
of the shares present and voting at a shareholders meeting, provided that either:

| ● | such majority includes at least a majority of the shares held by shareholders who are non-controlling shareholders and do not have a personal interest in the election of the external director (other than a personal interest not deriving from a relationship with a controlling shareholder) that are voted at the meeting, excluding abstentions, to which we refer as a disinterested majority; or |

| ● | the total number of shares voted by non-controlling shareholders and by shareholders who do not have a personal interest in the election of the external director, against the election of the external director, does not exceed 2% of the aggregate voting rights in the company |

The initial term of an external
director is three years. Thereafter, an external director may be reelected by shareholders to serve in that capacity for up to two additional
three-year terms, provided that either:

| ● | his or her service for each such additional term is recommended by one or more shareholders holding at least 1% of the company’s voting rights and is approved at a shareholders meeting by a disinterested majority, where the total number of shares held by non-controlling, disinterested shareholders voting for such reelection exceeds 2% of the aggregate voting rights in the company. In such event, the external director so reappointed may not be a Related or Competing Shareholder, as defined below, or a relative of such shareholder, at the time of the appointment, and is not and has