Company: RVRC
Filing Date: 2025-02-14
Form Type: S-1
Source: 0001213900-25-013823
Chunk: 98

Company: Revium Rx.
Filing Date: 2025-02-14
Form: S-1
Chunk 98
---
 current New Israeli Shekel equivalent of approximately $12,200, payable on monthly basis. Mr. Akunis’ agreement is subject to a three-month trial period.

Under the Akunis Employment agreement, he is entitled to a leased automobile. Mr. Akunis is also entitled to the following: (i) Manager’s Insurance under Israeli law to which Revium Ltd. contributes amounts equal to (a) 8-1/3 percent for severance payments, and 6.5%, or up to 7.5% (including disability insurance) designated for premium payment (and Mr. Akunis contributes an additional 6%) of each monthly salary payment, and (b) 7.5% of his salary (with Mr. Akunis contributing an additional 2.5%) to an education fund, a form of deferred compensation program established under Israeli law. Either we or Mr. Akunis is entitled to terminate the employment relationship, with the Company providing 30 day notice in the first year of employment (after the trial period) and thereafter through the 18 months; following employment, on 60 days’ notice and, following the 18 thmonth of employment on 90 days’ notice.

<div align='center'>60</div>

Inna Martin. The Company’s subsidiary Revium Recovery Ltd. entered into Consultancy Agreement with Ms. Martin (the “Consulting Agreement”) on December 15, 2020, as subsequently amended, setting forth the terms of her compensation. Under the Consulting Agreement, Ms. Martin was entitled through July 2023 to a monthly fee of the current New Israeli Shekel equivalent of approximately $15,000, payable on monthly basis. In July 2023, the Consulting Agreement was amended such that Ms. Martin was entitled to a monthly fee of the current New Israeli Shekel equivalent of approximately $17,000, also payable on monthly basis.

In February 2024, Revium Ltd and Ms. Martin entered into an employment agreement pursuant to which she is paid a monthly salary plus automobile related expenses in New Israeli Shekel equivalent of approximately$4,000, payable on monthly basis. Ms. Martin’s Consulting Agreement continues in effect and her duties were allocated on the basis of 70% to the Consulting Agreement and 30% to the employment agreement. Accordingly, the fee to which Ms. Martin is entitled under the Consulting agreement was accordingly reduced, such that she continues to receive approximately the same compensation that she was entitled to under the amended