Company: RGNT
Filing Date: 2025-01-24
Form Type: DRS
Source: 0001213900-25-006245
Chunk: 171

Company: REGENTIS BIOMATERIALS LTD.
Filing Date: 2025-01-24
Form: DRS
Chunk 171
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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 to be determined either (i) in accordance with the amounts set
forth in the Companies Regulations (Rules Regarding the Compensation and Expenses of an External Director) of 2000, as amended by the
Companies Regulations (Relief for Public Companies Traded in Stock Exchange Outside of Israel) of 2000, as such regulations may be amended
from time to time, or (ii) in accordance with the amounts determined in our compensation policy.

Compensation Committee Roles

The compensation committee
is responsible for (i) recommending the compensation policy to our board of directors for its approval (and subsequent approval by our
shareholders) and (ii) undertaking duties related to the compensation policy and to the compensation of our office holders, including:

| ● | recommending whether a compensation policy should continue in effect, if the then-current policy has a term of greater than five years