Company: ALAR
Filing Date: 2025-03-20
Form Type: 20-F
Source: 0001213900-25-025287
Chunk: 25

Company: Alarum Technologies Ltd.
Filing Date: 2025-03-20
Form: 20-F
Item: Item 3
Chunk 25
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, shall determine whether the employee is entitled to remuneration for his inventions. Recent
case law clarifies that the right to receive consideration for “service inventions” can be waived by the employee and that
in certain circumstances, such waiver does not necessarily have to be explicit. The Committee will examine, on a case-by-case basis,
the general contractual framework between the parties, using interpretation rules of the general Israeli contract laws. Further, the
Committee has not yet determined one specific formula for calculating this remuneration (but rather uses the criteria specified in the
Patent Law). Although we generally enter into assignment-of-invention agreements with our employees pursuant to which such individuals
assign to us all rights to any inventions created in the scope of their employment or engagement with us, we may face claims demanding
remuneration in consideration for assigned inventions. Because of such claims, we could be required to pay additional remuneration or
royalties to our current and former employees, or be forced to litigate such claims, which could negatively affect our business.

We
may not be able to protect our intellectual property rights.

Filing,
prosecuting, and defending patents on products, as well as monitoring their infringement in all countries throughout the world, would
be prohibitively expensive, and our intellectual property rights in some countries can be less extensive than those in the United States.
In addition, the laws of some foreign countries do not protect intellectual property rights to the same extent as federal and state laws
in the United States.

Competitors
may use our technologies in jurisdictions where we have not obtained patent protection to develop their own products and may also export
otherwise infringing products to territories where we have patent protection, but enforcement is not as strong as that in the United
States. These products may compete with our products. Future patents or other intellectual property rights may not be effective or sufficient
to prevent them from competing.

Many
companies have encountered significant problems in protecting and defending intellectual property rights in foreign jurisdictions. The
legal systems of certain countries, particularly certain developing countries, do not favor the enforcement of patents, trade secrets,
and other intellectual property protection, which could make it difficult for us to stop the marketing of competing products in violation
of our proprietary rights generally. Proceedings to enforce our patent rights in foreign jurisdictions, whether successful, could result
in substantial costs and divert our efforts and attention from other aspects of our business, could put our future patents at risk of
being invalidated or interpreted narrowly and our patent applications at