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|   | Mazor Robotics Inc.189 S. Orange Ave., Suite 1850Orlando, FL  32801Tel: 1 (800) 80-MAZORFax: (407) 591-3560usa@MazorRobotics-us.com | Mazor Robotics Ltd.PO Box 3104, 7 HaEshel St.Caesarea Park South 38900, IsraelTel: +972 4 618-7100Fax: +972 4 618-7111info@mazorrobotics.com | Mazor Robotics GmbHBorkstraße 1048163 Münster, GermanyTel: +49 251 703 666 0Fax: +49 251 703 666 52Germany@MazorRobotics.com |
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|   | o | Provide strategic vision and leadership and direct the Executive Management team to establish goals, strategies, plans, methodologies and policies |
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|   | o | Ensure that the mission and core values of the company are placed into practice |
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|   | o | Manage subordinated executives who supervise employees and take responsibility for the overall direction, coordination and evaluation of operational units |
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|   | o | Hire and develop the company staff and leadership team |
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|   | o | Inspire ethic and professional executive performance – be a role model who exemplifies within others also professionalism, dedication, persistence, integrity, clear and direct communication and cross cultural management skills. |
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|   | o | Provide detailed and accurate routine business forecasting |
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|   | o | Lead the development, communication and implementation of effective growth strategies and processes |
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|   | o | Develop and implement operational infrastructure and methods, processes and personnel, designed to accomplish the growth objectives of the company |
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|   | o | Develop plans and strategies to meet or exceed the company’s revenue targets |
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|   | o | Inspire the organization towards high level of quality and customer satisfaction |
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|   | o | Monitor customer, market and competitor activity, compile the information and  data, and provide feedback to corporate executive management team and other company functions |
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|   | o | Manage key customer relationships and participate in closing strategic opportunities and travel for in-person meetings with customers and partners and to develop key relationships |
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|   | o | React rapidly to changing trends or new competitive threats and opportunities by devising plans and making recommendations to the corporate executive management  team |
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| o | Head of Commercial Operation: |
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|   | o | Responsible for the company’s commercial operations in the US market – direct management of the entire US team, operations and resources to deliver profitable growth |
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|   | o | Responsible to compliance of regulatory and statutory  requirement |
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|   | o | Direct and coordinate company marketing, sales  and service   functions in the US market. |
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|   | o | Exploit business opportunities |
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| o | Finance, Compliance, HR  & Administration: |
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|   | o | Manage the activities of the US Headquarters – Orlando, FL |
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|   | o | Ensure compliance with all labor laws and regulations in the US |
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|   | o | Lead the company budget and work plan and efficiently manage the use of the company budgeted resources – full P&L responsibility for Mazor Robotics Inc. |
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|   | o | Work closely with the Operations, HR and Finance functions of Mazor Robotics Ltd. to establish successful processes & programs – recommend and administer policies and procedures to enhance company operations |
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|   | o | Represent the company at various events to promote the company and support its interests |
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|   | o | Promote positive relations with partners, vendors, and distributors |
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|   | o | Serve as compliance officer for the US operations – ensuring that processes and programs comply with all relevant regulations and laws (FDA, SEC, etc) |
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|   | o | Attend Mazor Inc. Board meetings, report to the board of directors and maintain Mazor Inc. records |
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|   | o | Approve ordering and payments based on approved budget and within authorized signatory rights |
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|   | o | Sign on behalf of Mazor Inc on formal documents that must be submitted according to the US laws and regulations |
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|   | o | Attend all meetings of the Executive management of Mazor Robotics Ltd. |
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|   | · | Annual salary:       $ 250,000 |
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|   | · | Options:                 Total of 100,000 based on the standard terms of the current ESOP and the approved policy of pricing of stock upon grant (Subject to board approval) |
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|   | · | Bonus: of up to $100,000 P/A  will be paid upon and subject meeting specific objectives which will cover the following topics: |
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| o      | Meeting revenue targets (Capital sales and Recurrent revenues)                        | 50%    |
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| o      | Meeting strategic objectives                                                          | 20%    |
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| o      | Leadership development and Undesired turnover rate                                    | 10%    |
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| o      | Effective team work with the corporate executives and commercial operation functions. | 10%    |
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| o      | Operating within approved expense budget                                              | 10%    |

|   | · | Advanced Notice in case of leave – 90 days |
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|   | · | Payment upon leave:  2 Months of salary in case of resignation by the employee and 3 months in case of termination by the Company (other than for cause or breach of fiduciary duties) |
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