# EDGAR Filing Document

**Accession Number:** 0001326706
**File Stem:** 0001641172-25-023995
**Filing Date:** 2025-8
**Character Count:** 51690
**Document Hash:** 1272949ea440e28b3fa32e0e3e8f5f5b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641172-25-023995.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0001641172-25-023995

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20250811

**ITEM INFORMATION**: Changes in Registrant's Certifying Accountant

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NanoVibronix, Inc.
- **CENTRAL INDEX KEY:** 0001326706
- **STANDARD INDUSTRIAL CLASSIFICATION:** ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36445
- **FILM NUMBER:** 251218853

**BUSINESS ADDRESS:**
- **STREET 1:** 969 PRUITT AVE,
- **CITY:** TYLER
- **STATE:** TX
- **ZIP:** 77569
- **BUSINESS PHONE:** (914) 233-3004

**MAIL ADDRESS:**
- **STREET 1:** 969 PRUITT AVE,
- **CITY:** TYLER
- **STATE:** TX
- **ZIP:** 77569

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Nano Vibronix, Inc.
- **DATE OF NAME CHANGE:** 20111206

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Nano Vibronix Inc
- **DATE OF NAME CHANGE:** 20050510

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the**

**Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): August 11, 2025

**<u>NanoVibronix, Inc.</u>**

(Exact name of registrant as specified in its charter)

<u>Delaware</u> <u>001-36445</u> <u>01-0801232</u> <br> (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

<u>969 Pruitt Ave Tyler, Texas</u> <u>77569</u> <br> (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (914) 233-3004

  <br> (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol** | **Name of each exchange on which registered** |
| Common Stock, par value $0.001 per share | NAOV | Nasdaq Capital Market |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

---

| | |
|:---|:---|
| **Item 4.01** | **Changes in Registrant's Certifying Accountant.** |

---

*(a) Dismissal of Independent Registered Public Accounting Firm*

 

On August 12, 2025, the Audit Committee of the Board of Directors (the "***Committee***") of NanoVibronix, Inc. (the "***Company***") approved the dismissal of Zwick CPA PLLC ("***Zwick***") as the Company's independent registered public accounting firm, effective as of the same date.

The reports of Zwick on the Company's consolidated financial statements for the two most recent fiscal years, ended December 31, 2024, and December 31, 2023, did not contain an adverse opinion or a disclaimer of opinion, and was not qualified or modified as to uncertainty, audit scope, or accounting principles, except Zwick's report on the consolidated financial statements of the Company as of and for the years ended December 31, 2024, and December 31, 2023, contained an explanatory paragraph stating there was substantial doubt about the Company's ability to continue as a going concern.

During the two most recent fiscal years, ended December 31, 2024, and December 31, 2023, and the subsequent interim period through August 12, 2025, there were no disagreements (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions to Item 304 of Regulation S-K) with Zwick on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Zwick, would have caused Zwick to make reference to the subject matter of the disagreements in connection with its reports on the Company's consolidated financial statements for such years. Also during this time, there were no "reportable events," as defined in Item 304(a)(1)(v) of Regulation S-K, except that, for the years ended December 31, 2024, and December 31, 2023, and for each of the quarters within the years ended December 31, 2024, and 2023, management identified deficiencies in the Company's design and effectiveness of their internal control over financial reporting that were considered to be material weaknesses.

The Company provided Zwick with a copy of the above disclosures and requested that Zwick furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the statements made above. A copy of Zwick's letter dated August 14, 2025, is attached as Exhibit 16.1.

*(b) Appointment of New Independent Registered Public Accounting Firm*

 

On August 13, 2025, the Committee engaged Kost Forer Gabbay & Kasierer, a member of Ernst & Young Global ("***E&Y***") as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025, effective immediately. During the fiscal years ended December 31, 2024, and December 31, 2023, and the subsequent interim period through August 13, 2025, neither the Company nor anyone on its behalf has consulted with E&Y regarding (i) the application of accounting principles to any specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company's financial statements, and neither a written report nor oral advice was provided to the Company that E&Y concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue, or (ii) any matter that was either the subject of a "disagreement," as defined in Item 304(a)(1)(iv) of Regulation S-K, or a "reportable event," as defined in Item 304(a)(1)(v) of Regulation S-K.

---

| | |
|:---|:---|
| **Item 5.02** | **Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.** |

---

On August 11, 2025 (the "***Brown Effective Date***"), the Company entered into an amended and restated employment agreement (the "***Brown Employment Agreement***") with Stephen Brown, Chief Financial Officer of the Company, which such agreement amends, restates and those certain employment agreements dated September 20, 2024, January 1, 2022, and October 5, 2020. Pursuant to the terms of the Brown Employment Agreement, the Company shall pay Mr. Brown an annual salary of $300,000, less any applicable payroll deductions and tax withholdings (the "***Base Salary***"). The Brown Employment Agreement shall be at-will and will remain in effect unless terminated by either party in accordance with the terms of the Brown Employment Agreement. Either

Either the Company or Mr. Brown may terminate Mr. Brown's employment with the Company at any time upon 30 days written notice to the other party, subject to the terms of the Brown Employment Agreement. In the event of such termination, the Company shall pay Mr. Brown the Base Salary through the date of termination and other customary accrued and reimbursable expenses. Additionally, in the event the Company terminates Mr. Brown's employment for Cause (as defined in the Brown Employment Agreement) or the Mr. Brown voluntarily resigns for any reason on or before the six-month anniversary of the Brown Effective Date, the Company shall have no further liability or obligation Mr. Brown under the Brown Employment Agreement other than any customary accrued and reimbursable expenses. In the event Mr. Brown's employment is terminated by (x) the Company without Cause following the Brown Effective Date or (y) Mr. Brown due to a resignation for any reason following the six-month anniversary of the Brown Effective Date, subject to certain terms and conditions of the Brown Employment Agreement, the Company shall pay Mr. Brown severance pay in a total amount equal to $180,000.

Additionally, pursuant to the Brown Employment Agreement, Mr. Brown may not own over an aggregate of 2% of the outstanding stock of any class of any corporation engaged in a business that directly competes with the business of the Company if such stock is listed on a national securities exchange in the United States.

The Brown Employment Agreement also provides for certain customary covenants regarding non-solicitation, non-competition and confidentiality.

The foregoing is only a summary of the material terms of the Brown Employment Agreement and does not purport to be complete. The foregoing summary is qualified in its entirety by reference to the complete text of the Brown Employment Agreement, which is attached hereto as Exhibit 10.1 and incorporated herein by reference.

---

| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits.** |

---

(d) Exhibits

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 10.1 | [Amended and Restated Employment Agreement, dated as of August 11, 2025, by and between NanoVibronix, Inc. and Stephen Brown](ex10-1.htm) |
| 16.1 | [Letter from Zwick CPA PLLC to the Securities and Exchange Commission dated August 14, 2025](ex16-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **NanoVibronix, Inc** **.** | **NanoVibronix, Inc** **.** |
| Date: August 14, 2025 | By: | */s/ Doron Besser, M.D.* |
|  | Name: | Doron Besser, M.D. |
|  | Title: | Chief Executive Officer |

---

## Exhibit 10.1

**Exhibit 10.1**

**AMENDED AND RESTATED EMPLOYMENT AGREEMENT**

**THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT** (this "***Agreement***") is dated as of August 11, 2025, and is entered into by and between Stephen Brown (the "***Executive***") and NanoVibronix, Inc. (the "***Company***"). The Company and the Executive shall be referred to herein as the "***Parties***" and each as a "***Party***." This Agreement amends, restates, and supersedes in its entirety those certain Employment Agreements dated September 20, 2024, January 1, 2022, and October 5, 2020 (collectively, the "***Prior Employment Agreements***").

**RECITALS**

**WHEREAS**, the Executive is currently employed as the Chief Financial Officer ("***CFO***") of the Company pursuant to the terms of that certain Employment Agreement between the Company and the Executive dated as of September 20, 2024;

**WHEREAS**, the Company and the Executive mutually desire to memorialize the terms and conditions under which the Executive will continue to serve as the CFO of the Company effective August 11, 2025 (the "***Effective Date***"); and

**WHEREAS**, the Company hereby continues to employ the Executive, and the Executive hereby accepts continued employment, as the CFO of the Company for the period and subject to the terms and conditions set forth in this Agreement.

**NOW, THEREFORE**, in consideration of the mutual promises and agreements contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound, the Parties hereby agree as follows:

**ARTICLE I**

**<u>DEFINITIONS</u>**

**A.** *" **Confidential Information** "* includes any trade secrets or confidential or proprietary information
 of the Company, including, but not limited to, the following: methods of operation, products,
 inventions, services, processes, equipment, know-how, technology, technical data, policies,
 strategies, designs, formulas, developmental or experimental work, improvements, discoveries,
 research, plans for research or future products and services, database schemas or tables,
 software, development tools or techniques, training procedures, training techniques, training
 manuals, business information, marketing and sales methods, plans and strategies, competitors,
 markets, market surveys, techniques, production processes, infrastructure, business plans,
 distribution and installation plans, processes and strategies, methodologies, budgets, financial
 data and information, customer and client information, prices and costs, fees, customer and
 client lists and profiles, employee, customer and client nonpublic personal information,
 supplier lists, business records, product construction, product specifications, audit processes,
 pricing strategies, business strategies, marketing and promotional practices, management
 methods and information, plans, reports, recommendations and conclusions, information regarding
 the skills and compensation of employees and contractors of the Company, and other business
 information disclosed to the Executive by the Company, both before and after the Effective
 Date, either directly or indirectly, in writing, orally, or by drawings or observation. *" **Confidential Information** "* does not include, and there shall be no obligation hereunder with
 respect to, information that (i) is generally available to the public on the date of this
 Agreement or (ii) becomes generally available to the public other than as a result of a disclosure
 not otherwise permissible hereunder.

**B.** *" **Cause**,"* as used herein in reference to termination of the Executive's employment with the
 Company, shall mean the Executive's (a) intentional and material dishonesty in the
 performance of the Executive's duties for the Company, including any acts of theft,
 embezzlement, or fraud; (b) indictment or conviction of, or pleading nolo contendere or guilty
 to, a felony or a crime involving moral turpitude; (c) refusal to perform, or intentional
 disregard of, in any material respect, the Executive's duties and responsibilities
 under this Agreement; and (d) incurable material breach of this Agreement or any other agreement
 to which the Executive and the Company are parties. In each such event listed above, if the
 circumstances are curable, the Company shall give the Executive written notice thereof which
 shall specify in reasonable detail the circumstances constituting Cause, and there shall
 be no Cause with respect to any such circumstances if cured by the Executive within thirty
 (30) days after such notice.

**C.**"  ***Restricted Period*** *"* means during the Executive's employment with the Company
 and for a period of twelve (12) months immediately following the date of termination of Executive's
 employment with the Company for any reason.

**D.** *" **Competing Business** "* means any business, individual, partnership, firm, corporation, or
 other entity that is competing with any aspect of the Company's business.

**E.**"  ***Work Product***" shall mean, collectively, all work product, information, inventions,
 original works of authorship, ideas, know-how, processes, designs, computer programs, photographs,
 illustrations, developments, trade secrets and discoveries, including improvements thereto,
 that the Executive conceives, creates, develops, makes, reduces to practice, or fixes in
 a tangible medium of expression, either alone or with others.

**ARTICLE II**

**<u>SERVICES TO BE PROVIDED BY EXECUTIVE</u>**

**A.**  **<u>Position and Responsibilities</u>.** The Executive shall be employed and serve as CFO of the Company
 (together with such other position or positions consistent with the Executive's title
 as the Company's Chief Executive Officer (the "  ***CEO***") shall
 specify from time to time) and shall report directly to the CEO. As the CFO, the Executive
 shall have such duties and responsibilities customarily commensurate with such title and
 perform services for the Company as requested or as needed.

**B.**  **<u>Performance</u>.** The Executive shall, on a full-time basis, devote the Executive's time, energy,
 skill, and reasonable best efforts to the performance of the Executive's duties hereunder
 in a manner that will faithfully and diligently further the business and interests of the
 Company, and shall exercise reasonable best efforts to perform the Executive's duties
 in a diligent, trustworthy, good faith and business-like manner, all for the purpose of advancing
 the business of the Company. The Executive shall at all times act in a manner consistent
 with the Executive's position as CFO.

**C.**  **<u>Compliance</u>.** In the performance of the Executive's duties hereunder and as the CFO of the Company,
 the Executive agrees to at all times act in accordance with high business and ethical standards
 and in accordance with the general fiduciary duty of executive officers and directors of
 the Company. The Executive shall comply with the policies, codes of conduct, codes of ethics,
 written manuals, and lawful directives of the Company and any of its affiliates. The Executive
 shall keep the CEO promptly and fully informed of the Executive's conduct in connection
 with the business and financial affairs of the Company. The Executive shall report to the
 CEO the Executive's own wrongdoing and any wrongdoing or proposed wrongdoing of any
 other employee, director, affiliate or contractor of the Company or other person performing
 services on behalf of or for the Company immediately upon becoming aware of it.

**ARTICLE III**

**<u>COMPENSATION FOR SERVICES</u>**

As compensation for all services the Executive will perform under this Agreement, the Company shall pay the Executive, and the Executive shall accept as full compensation, the following:

**A.**  **<u>Base Salary</u>.** Effective March 20, 2025, the Company shall pay the Executive an annual salary
 of  **<u>$300,000.00 (USD)</u>** (the "  ***Base Salary*** "), which shall
 be paid to the Executive less any applicable payroll deductions and tax withholdings, for
 all services rendered by the Executive under this Agreement. The Company shall pay the Executive
 the Base Salary in accordance with the standard payroll practices of the Company.

**B.**  **<u>Expenses</u>.** The Company agrees that, during the Executive's employment, it will reimburse the
 Executive for out-of-pocket expenses reasonably incurred in connection with the Executive's
 performance of the Executive's services hereunder, upon the presentation by the Executive
 of an itemized accounting of such expenditures, with supporting receipts. Reimbursements
 shall be in compliance with the Company's expense reimbursement policies.

**C.**  **<u>Vacation</u>.** The Executive shall be eligible for four (4) weeks paid vacation in accordance with the
 Company's policy in effect from time to time.

**D.**  **<u>Other Benefits</u>.** The Executive is entitled to participate in any group health insurance
 plan, 401(k) plan, disability plan, group life plan, and any other benefit or welfare program
 or policy that is made generally available, from time to time, to other employees of the
 Company, on a basis consistent with such participation and subject to the terms of the plan
 documents, as such plans may be modified, amended, terminated, or replaced from time to time.

**E.**  **<u>Taxes and Withholdings</u>** . All sums payable to Executive under this Agreement shall be reduced
 by all applicable taxes and withholdings, in accordance with applicable law.

**F.**  **<u>Code Section 409A</u>.** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.** To
 the extent (a) any payments to which the Executive becomes entitled under this Agreement,
 or any agreement or plan referenced herein, in connection with the termination of the Executive's
 employment with the Company or the Executive's separation from service to the Company
 constitute deferred compensation subject to Section 409A of the Internal Revenue Code of
 1986 as amended (the "  ***Code*** "); (b) the Executive is deemed at the
 time of his termination/separation to be a "specified employee" under Section
 409A of the Code; and (c) at the time of the Executive's termination, the Company is
 publicly traded (as defined in Section 409A of the Code), then such payments (other than
 any payments permitted by Section 409A of the Code to be paid within six (6) months of the
 Executive's termination/separation) shall not be made until the earlier of (1) the
 first day of the seventh month following the Executive's termination/separation, or
 (2) the date of the Executive's death following such termination/separation. Upon the
 expiration of the applicable deferral period, any payments which would have otherwise been
 made during that period (whether in a single lump sum or in installments) in the absence
 of this Article III shall be paid to the Executive or the Executive's beneficiary in
 one lump sum, plus interest thereon, at the Delayed Payment Interest Rate (as defined below)
 computed from the date on which each such delayed payment otherwise would have been made
 to the Executive until the date of payment. For purposes of the foregoing, the *" **Delayed Payment Interest Rate** "* shall mean the national average annual rate of interest
 payable on jumbo six-month bank certificates of deposit, as quoted in the business section
 of the most recently published Sunday edition of The New York Times preceding the date of
 termination of the Executive's employment with the Company or the Executive's
 separation from service to the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.** To
 the extent any benefits provided under <u>Article III</u> above are otherwise taxable to
 the Executive, such benefits shall, for purposes of Section 409A of the Code, be provided
 as separate in-kind payments of those benefits, and the provision of in-kind benefits during
 one calendar year shall not affect the in-kind benefits to be provided in any other calendar
 year.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.** In
 the case of any amounts payable to the Executive under this Agreement, or under any plan
 of the Company, that may be treated as payable in the form of "a series of installment
 payments," as defined in Treas. Reg. §l.409A-2(b)(2)(iii), the Executive's
 right to receive such payments shall be treated as a right to receive a series of separate
 payments for purposes of Treas. Reg. §l.409A-2(b)(2)(iii).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.** It
 is intended that this Agreement comply with or be exempt from the provisions of Section 409A
 of the Code and the Treasury Regulations and guidance of general applicability issued thereunder,
 and in furtherance of this intent, this Agreement shall be interpreted, operated, and administered
 in a manner consistent with such intent.

**ARTICLE IV**

**<u>TERM & TERMINATION</u>**

**A.**  **<u>Term of Employment</u>.** The employment relationship created hereunder shall be at-will and
 will remain in effect unless terminated by either party in accordance with this <u>Article IV</u>.

**B.**  **<u>Termination</u>.** Either Party may terminate the Executive's employment with the Company at any time
 upon thirty (30) days written notice to the other Party, unless such notice period is otherwise
 waived by the other Party, with the date of termination of the Executive's employment
 with the Company being the date provided in the notice of termination. In the event of the
 termination of the Executive's employment, the Company shall pay the Executive: (i)
 the Base Salary through the date of termination; (ii) any accrued and unpaid vacation or
 similar pay to which the Executive is entitled as a matter of law or Company policy; and
 (iii) any unreimbursed expenses properly incurred prior to the date of termination (the "  ***Accrued Obligations*** "). The Accrued Obligations shall be payable in a lump sum within
 the time period required by applicable law, and in no event later than thirty (30) days following
 the date of termination of the Executive's employment. Except for the Accrued Obligations
 and any other payments owed pursuant to the applicable scenarios in <u>Sections 1-3</u> below,
 upon termination of the Executive's employment, the Company shall have no further liability
 or obligations to the Executive in connection with the Executive's employment under
 this Agreement. The Executive's termination of employment under this Agreement shall
 also constitute the Executive's resignation as an officer or director of any affiliate
 or subsidiary of the Company, as applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.**  **<u>Termination by the Company for Cause or Resignation by the Executive Prior to the Six Month Anniversary</u>.** In the event the Company terminates the Executive's employment for Cause or the
 Executive voluntarily resigns for any reason on or before the six (6) month anniversary of
 the Effective Date, the Company shall have no further liability or obligation to the Executive
 under this Agreement or in connection with the Executive's employment hereunder, except
 for the Accrued Obligations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.**  **<u>Termination Without Cause or Resignation by the Executive Following the Six Month Anniversary</u>.** In
 the event the Executive's employment is terminated by (x) the Company without Cause
 following the Effective Date or (y) the Executive due to a resignation for any reason following
 the six (6) month anniversary of the Effective Date, and provided that the Executive (a)
 executes and delivers a separation, cooperation, and release agreement in a form acceptable
 to the Company (the "  ***Release***") within twenty-one (21) days after
 the Executive's date of termination (unless applicable law requires a longer time period,
 in which case this date will be extended to the minimum time required by applicable law)
 and does not revoke or breach such agreement and (b) the Executive finalizes and submits
 the Company's reaudited financial statements for its 2023 and 2024 fiscal years, the
 Company shall pay the Executive severance pay in a total amount equal to  **<u>$180,000.00 (USD)</u>** , payable in a lump sum no later thirty (30) days following the effective date
 of the Release (provided that if the time period for reviewing, executing, and revoking the
 release begins in one year and ends in a second taxable year, such payment shall not be made
 until the second taxable year).

**C.**  **<u>Post-Employment Cooperation and Assistance</u>.** During the Executive's employment and following
 the date of termination of the Executive's employment with the Company for any reason,
 the Executive agrees to cooperate and assist with the transition of the Executive's
 responsibilities as requested by the CEO, and to comply with other reasonable post-employment
 requests by the CEO including responding to reasonable requests it may make for information
 and assisting the Company in defense of any pending, threatened, or anticipated litigation,
 proceeding, or inquiry in matters which the Company reasonably determines the Executive's
 participation to be necessary; provided that any such cooperation and assistance will take
 into account the Executive's other scheduling needs. The Executive shall not be entitled
 to compensation for providing the foregoing cooperation and assistance, provided that (x)
 the Executive shall be reimbursed for reasonable and necessary out-of-pocket expenditures
 (not including attorneys' fees); and (y) with respect to any cooperation and assistance
 provided by the Executive which is requested by the CEO after the thirtieth (30th) day following
 the date of termination of the Executive's employment with the Company for any reason,
 the Company shall pay the Executive at an hourly rate of  **<u>$180.00 (USD)</u>** for
 any hours in excess of ten (10) hours in any month, as determined by the Company.

**D.**  **<u>Survival</u>.** Following the Executive's voluntary or involuntary termination of employment at
 the Company, the Executive's post-termination obligations shall continue as set forth
 in <u>Section C</u> of <u>Article IV</u> above and <u>Article V</u> below.

**ARTICLE V**

**<u>RESTRICTIVE COVENANTS</u>**

**A.**  **<u>Restrictive Covenants</u>.** In consideration for (i) the Company's promise to provide Confidential
 Information to the Executive, (ii) the substantial economic investment made by the Company
 in the Confidential Information and goodwill of the Company, and/or the business opportunities
 disclosed or entrusted to the Executive, (iii) access to the Company's customers and
 clients, and (iv) the Company's continued employment of the Executive pursuant to this
 Agreement and the compensation and other benefits provided by the Company to the Executive,
 to protect the Company's Confidential Information and business goodwill of the Company,
 the Executive agrees to the following restrictive covenants. For the purposes of this <u>Article V</u>, the term *" **Company** "* shall be read as broadly as possible
 to include, without limitation, any of its subsidiaries and affiliates.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.**  **<u>No Unauthorized Use or Disclosure of Confidential Information</u>.** The Executive acknowledges
 and agrees that Confidential Information is proprietary to and/or a trade secret of the Company
 and, as such, is a special and unique asset of the Company, and that any disclosure or unauthorized
 use of any Confidential Information by the Executive will cause irreparable harm and loss
 to the Company. The Executive understands and acknowledges that each and every component
 of the Confidential Information (i) has been developed by the Company at significant effort
 and expense and is sufficiently secret to derive economic value from not being generally
 known to other parties, and (ii) constitutes a protectable business interest of the Company.
 The Executive acknowledges and agrees that the Company owns the Confidential Information.
 The Executive agrees not to dispute, contest, or deny any such ownership rights either during
 or after the Executive's employment with the Company. The Executive agrees to preserve
 and protect the confidentiality of all Confidential Information. Throughout the Executive's
 employment with the Company and as reasonably necessary hereafter: (i) the Executive shall
 hold all Confidential Information in the strictest confidence, take all reasonable precautions
 to prevent its inadvertent disclosure to any unauthorized person, and follow all Company
 policies protecting the Confidential Information; and (ii) the Executive shall not, directly
 or indirectly, utilize, disclose or make available to any other person or entity, any of
 the Confidential Information, other than in the proper performance of the Executive's
 duties, *provided* that making a disclosure pursuant to the following paragraph, responding
 to legal process or required governmental testimony, filings, or administrative proceedings,
 or making disclosures that cannot be prohibited pursuant to applicable federal, state, or
 local law will not violate the obligations of this paragraph or <u>Section 5</u> below.

The Executive acknowledges that the Executive understands that nothing in this Agreement prohibits the Executive from speaking with law enforcement, the Equal Employment Opportunity Commission, the State Division of Human Rights, a local commission on human rights, or an attorney retained by the Executive regarding factual information related to any future claim of discrimination.

**Notice of Immunity**: The Executive acknowledges that via this paragraph the Company is providing the Executive with written notice that the Defend Trade Secrets Act, 18 U.S.C. § 1833(b), provides that (i) an individual shall not be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that is made in confidence to a federal, state, or local government official, either directly or indirectly, or to an attorney, and solely for the purpose of reporting or investigating a suspected violation of law, or is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal, and (ii) an individual who files a lawsuit for retaliation by an employer for reporting a suspected violation of law may disclose the employer's trade secret to the individual's attorney and use such trade secret information in the court proceeding if the individual files any document containing the trade secret under seal and does not disclose the trade secret, except pursuant to court order.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.**  **<u>Return of Property and Confidential Information</u>.** Upon termination of the Executive's
 employment with the Company for any reason, and at any time upon the Company's request,
 the Executive shall immediately return and deliver to the Company any and all Confidential
 Information, software, devices, cell phones, personal data assistants, credit cards, data,
 reports, proposals, lists, correspondence, materials, equipment, computers, hard drives,
 papers, books, records, documents, memoranda, manuals, e-mail, electronic or magnetic recordings
 or data, including all copies thereof, which belong to the Company or relate to the Company's
 business and which are in the Executive's possession, custody or control, whether prepared
 by the Executive or others. If at any time after termination of the Executive's employment
 the Executive determines that the Executive has any Confidential Information in the Executive's
 possession or control, the Executive shall immediately return to the Company all such Confidential
 Information in the Executive's possession or control, including all copies and portions
 thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.**  **<u>Non-Competition</u>.** The Executive agrees that during the Restricted Period, other than in connection with
 the Executive's duties under this Agreement (including, without limitation, services
 to subsidiaries or affiliates of the Company), the Executive shall not, directly or indirectly,
 individually or as a principal, partner, stockholder, manager, agent, consultant, contractor,
 distributor, employee, lender, investor, or as a director or officer of any corporation or
 association, or in any other manner or capacity whatsoever, become employed by, control,
 manage, carry on, join, lend money for, operate, engage in, establish, perform services for,
 invest in, solicit investors for, consult for, do business with or otherwise engage in any
 business directly competing with the business of the Company. Notwithstanding the restrictions
 contained in this <u>Section A.3</u> of <u>Article V</u>, the Executive may own an aggregate
 of not more than two percent (2%) of the outstanding stock of any class of any corporation
 engaged in a business that directly competes with the business of the Company if such stock
 is listed on a national securities exchange in the United States (or a comparable exchange
 in a foreign jurisdiction) or regularly traded in the over-the-counter market by a member
 of a national securities exchange.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.**  **<u>Non-Solicitation</u>.** The Executive agrees that during the Restricted Period, other than in connection with
 Executive's duties under this Agreement, the Executive shall not use any Confidential
 Information to, directly or indirectly, either as a principal, manager, agent, employee,
 consultant, officer, director, stockholder, partner, investor or lender or in any other capacity,
 and whether personally or through other persons:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**a.** Solicit
 business from, interfere with, induce, attempt to solicit business from, or interfere with
 any actual or prospective customer, client, supplier (including any content providers), manufacturer,
 vendor or licensor of the Company with whom the Company does or has done business; or attempt
 to influence, encourage, persuade or induce any actual or prospective customer, client, supplier
 (including any content providers), manufacturer, vendor or licensor of the Company with whom
 the Company does or did business to reduce the extent of its business dealings with the Company;
 or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**b.** Solicit,
 induce or attempt to solicit or induce, engage or hire, on behalf of the Executive or any
 competitor of the Company, any person who is an employee or consultant of the Company or
 who was employed by the Company within the in the United States within the preceding twelve
 (12) months.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.**  **<u>Non-Disparagement</u>.** The Executive recognizes that the Company's goodwill and reputation are assets
 of great value to the Company which were obtained through great costs, time and effort. Therefore,
 the Executive agrees that during his employment and after the termination of his employment,
 the Executive shall not in any way, directly or indirectly, disparage, libel, or defame the
 Company's products or services.

**B.**  **<u>Tolling</u>.** If the Executive violates any of the restrictions contained in this <u>Article V</u>,
 the Restricted Period shall be suspended so as to not run in favor of the Executive from
 the time of the commencement of any violation until the time when the Executive cures the
 violation to the satisfaction of the Company.

**C.**  **<u>Remedies</u>.** The Executive acknowledges that, in view of the nature of the Company's business
 sand the Executive's position with the Company, the restrictions contained in this <u>Article V</u> are reasonable and necessary to protect the Company's legitimate business
 interests and that any violation thereof would result in irreparable injury to the Company.
 In the event of a breach by the Executive of <u>Article V</u> of this Agreement, the Company
 shall be entitled to a temporary restraining order and/or injunctive relief as appropriate
 to prevent the Execute from further breach. Such remedies shall not be deemed the exclusive
 remedies for a breach or threatened breach of this <u>Article V</u> but shall be in addition
 to any remedies available at law or in equity, including the recovery of damages from the
 Executive, the Executive's agents, any future employer of the Executive, and any person
 that conspires or aids and abets the Executive in such breach or threatened breach of this
 Agreement.

**D.**  **<u>Reasonableness</u>.** The Executive hereby represents to the Company that the Executive has read and understands,
 and agrees to be bound by, the terms of this <u>Article V</u>. The Executive acknowledges
 that the scope and duration of the covenants contained in this <u>Article V</u> are fair
 and reasonable in light of (i) the nature and wide geographic scope of the operations of
 the Company's business; (ii) the Executive's level of control over and contact
 with the business operations (regionally and/or internationally); and (iii) the amount of
 compensation, trade secrets and Confidential Information that the Executive is receiving
 in connection with the Executive's employment by the Company.

**E.**  **<u>Reformation</u>.** If any of the aforesaid restrictions are found by a court of competent jurisdiction to
 be unreasonable, or overly broad as to geographic area or time, or otherwise unenforceable,
 the Parties intend for the restrictions herein set forth to be modified by the court making
 such determination so as to be reasonable and enforceable and, as so modified, to be fully
 enforced. By agreeing to this contractual modification prospectively at this time, the Company
 and the Executive intend to make this provision enforceable under the law or laws of all
 applicable jurisdictions so that this entire Agreement as prospectively modified shall remain
 in full force and effect and shall not be rendered void or illegal.

**F.**  **<u>No Previous Restrictive Agreements</u>.** The Executive represents that, except as disclosed
 to the Company, the Executive is not bound by the terms of any agreement with any previous
 employer or other party to refrain from using or disclosing any trade secret or confidential
 or proprietary information in the course of the Executive's employment with the Company
 or to refrain from competing, directly or indirectly, with the business of such previous
 employer or any other party. The Executive further represents that the Executive's
 performance of all the terms of this Agreement and the Executive's work duties for
 the Company do not and will not breach any agreement to keep in confidence any proprietary
 information, knowledge or data acquired by the Executive in confidence or in trust prior
 to the Executive's employment with the Company. The Executive shall not disclose to
 the Company or induce the Company to use any confidential or proprietary information or material
 belonging to any previous employer or other third parties.

**ARTICLE VI**

**<u>INTELLECTUAL PROPERTY</u>**

**A.**  **<u>Assignment of Work Product</u>.** During the Executive's employment with the Company and for
 a period of twelve (12) months following termination of the Executive's employment
 for any reason, the Executive agrees to promptly make full written disclosure to the Company
 of all Work Product conceived, created, developed, made, reduced to practice, or fixed in
 a tangible medium of expression during the period of the Executive's employment with
 the Company. Executive hereby assigns and shall be deemed to have assigned to the Company
 or its designee(s), all of the Executive's right, title, and interest in and to any
 and all Work Product conceived, created, developed, made, reduced to practice, or fixed in
 a tangible medium of expression during the period of the Executive's employment at
 the Company (both before and after the Effective Date) that: (a) relates at the time of conception
 or reduction to practice of the invention to the Company's business, or actual or demonstrably
 anticipated research or development of the Company; (b) results from any work performed by
 the Executive for the Company; or (c) has been or will be otherwise made through the use
 of the Company's equipment, supplies, facilities, or trade secret information, even
 if conceived, created, developed, made, reduced to practice, or fixed during other than working
 hours. The Executive further acknowledges that all original works of authorship that have
 been or will be made or fixed in a tangible medium of expression by the Executive (solely
 or jointly with others) within the scope of the Executive's employment with the Company
 that are protectable by copyright are "Works Made for Hire," as that term is
 defined in the United States Copyright Act. The Executive understands and agrees that the
 decision whether or not to commercialize or market any Work Product shall be within the Company's
 sole discretion and for the Company's sole benefit, and that no royalty will be due
 to the Executive as a result of the Company's efforts to commercialize or market any
 such Work Product.

**B.**  **<u>Patent and Copyright Registrations</u>.** The Executive agrees to reasonably assist, at the Company's
 expense, the Company or its designee(s) in securing the Company's rights in any Work
 Product in any country, including (without limitation) by protecting the Company's
 Confidential Information and data, executing any applications, specifications, oaths, assignments,
 affidavits, and all other instruments which the Company shall deem necessary in order to
 apply for and obtain such rights and in order to assign and convey to the Company, its successors,
 assigns, and nominees the sole and exclusive rights, title and interest in and to such Work
 Product. The Executive further agrees that, insofar it is within the Executive's power
 to do so, the Executive's obligation to execute or cause to be executed any such instrument
 or papers continues after the termination of this Agreement. If the Company is unable, after
 duly reasonable effort, to secure the Executive's signature on any such documents,
 the Executive hereby irrevocably designates and appoints the Company and its duly authorized
 officers and agents as the Executive's agent and attorney-in-fact, to do all lawfully
 permitted acts (including but not limited to the execution, verification and filing of applicable
 documents) with the same legal force and effect as if performed by the Executive.

**ARTICLE VII**

**<u>MISCELLANEOUS PROVISIONS</u>**

**A.**  **<u>Governing Law</u>.** This Agreement shall be governed by and construed under the laws of the State
 of New York. Venue of any litigation arising from this Agreement or any disputes relating
 to the Executive's employment shall be in the United States District Court for the
 Southern District of New York or a state court of competent jurisdiction in New York, New
 York. The Executive and the Company hereby consent to, and agree not to challenge, personal
 or subject matter jurisdiction in the United States District Court for the Southern District
 of New York or a state court of competent jurisdiction in New York, New York, for any dispute
 relating to or arising out of this Agreement or the Executive's employment with the
 Company.

**B.**  **<u>Headings</u>.** The paragraph headings contained in this Agreement are for convenience only and shall
 in no way or manner be construed as a part of this Agreement.

**C.**  **<u>Severability</u>.** In the event that any court of competent jurisdiction holds any provision in this Agreement
 to be invalid, illegal or unenforceable in any respect, the remaining provisions shall not
 be affected or invalidated and shall remain in full force and effect.

**D.**  **<u>Entire Agreement</u>.** This Agreement constitutes the entire agreement between the Parties and,
 as of the Effective Date, fully supersedes any and all prior agreements, understandings,
 or representations between the Parties, pertaining to or concerning the subject matter of
 this Agreement, including, but not limited to, the Prior Employment Agreements, except that
 any assignment of inventions, confidentiality, non-competition, or non-solicitation obligations
 that the Executive has to the Company pursuant to any prior agreement that are, by their
 terms, intended to survive termination of employment pursuant to such agreement, shall remain
 in full force and effect. No changes in or additions to this Agreement shall be recognized,
 unless incorporated in this Agreement by written amendment, such amendment to become effective
 on the date stipulated in it. Any amendment to this Agreement must be signed by all parties
 to this Agreement. The Executive acknowledges and represents that in executing this Agreement,
 the Executive did not rely, and has not relied, on any communications, promises, statements,
 inducements, or representation(s), oral or written, by the Company, except as expressly contained
 in this Agreement. The Parties represent that they relied on their own judgment in entering
 into this Agreement.

**E.**  **<u>Waiver</u>.** No waiver of any breach of this Agreement shall be construed to be a waiver as to succeeding
 breaches. The failure of a Party to insist in any one or more instances upon the other Party's
 performance of any terms or conditions of this Agreement shall not be construed as a waiver
 of future performance of any such term, covenant or condition, but the obligations of either
 Party with respect thereto shall continue in full force and effect. The breach by one Party
 to this Agreement shall not preclude equitable relief or performance of the obligations in <u>Article V</u>.

**F.**  **<u>Modification</u>.** The provisions of this Agreement may be amended, modified, or waived only with the prior
 written consent of the Company and the Executive, and no course of conduct or failure or
 delay in enforcing the provisions of this Agreement shall be construed as a waiver of such
 provisions or affect the validity, binding effect or enforceability of this Agreement or
 any provision hereof.

**G.**  **<u>Beneficiaries and Assignment</u>.** This Agreement shall be binding upon and inure to the benefit of
 the Parties hereto and their respective heirs, successors, estates and/or legal representatives.
 The Executive may not assign this Agreement to a third party without prior written approval
 from the Company. The Company may assign its rights, together with its obligations hereunder,
 to any affiliate, subsidiary, or successor of the Company. Notwithstanding any such assignment
 by the Company, the Executive shall be entitled to receive compensation as set forth in <u>Section B.2.</u> of <u>Article IV</u> hereof.

*[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK. SIGNATURE PAGE FOLLOWS.]*

IN WITNESS WHEREOF, the Company and the Executive have executed this Agreement to be effective as of the Effective Date.

---

| |
|:---|
| **EXECUTIVE:** |
| */s/ Stephen Brown* |
| **Stephen Brown** |

---

---

| | |
|:---|:---|
| **COMPANY:** | **COMPANY:** |
| **NanoVibronix, Inc.** | **NanoVibronix, Inc.** |
| **By:** | **/s/ Doron Besser** |
| **Name:** | **Doron Besser** |
| **Title:** | **Chief Executive Officer** |

---

## Exhibit 16.1

**Exhibit 16.1**

![](ex16-1_001.jpg)

Securities and Exchange Commission

100 F Street N.E.

Washington, D.C. 20549

We have been furnished with a copy of the response to Item 4.01 of Form 8-K for the event that occurred on August 12 , 2025, to be filed by our former client, NanoVibronix, Inc. We agree with the statements made in response to that Item insofar as they relate to our Firm.

Very truly yours,

/s/ Zwick CPA, PLLC

Southfield, Michigan

August 12, 2025