Document:

Exhibit
10.7

 

Consulting
Service Agreement 

  

The
consulting and service agreement (hereinafter referred as “the agreement”) is concluded by the following two
parties (hereinafter referred as “two parties of the agreement”) in Shenzhen City, Guangdong Province, the People’s
Republic of China (hereinafter referred as “China”):

 

Party
A: CXJ (Shenzhen) Technology Co., Limited

 

Add:3607B1,
Block A, Xinghe Shiji Building, Southwest of the junction of Shenzhen Avenue and CaiTian Road, Futian District, Shenzhen City,
China.

 

Party
B: CXJ Technology (Hangzhou) Co., Limited

 

Add:
Room 1903-1, Xizi International Center, Jianggan District, Hangzhou City, Zhejiang Province, China.

 

Preface

 

(1)
Party A is an exclusively foreign-owned enterprise, which has been legally founded and effectively exists in China. It has professional
knowledge, capacity and resources of providing consulting and service.

 

(2)
Party B is a limited liability company registered and founded in China. Party B undertakes the development and research, production
and distribution businesses of hi-tech technology in the auto environmental protection field (hereinafter referred as “the
business”).

 

(3)The
both parties hope Party A to provide management, technology consulting service and relevant service to Party B.

 

(4)The
purpose that the both parties sign the agreement is to regulate that Party A shall provide consulting service to Party B based
upon terms and conditions.

 

Therefore,
the both parties shall conclude the following agreements:

 

1.
Definition 

 

1.1
In this definition, the corresponding meanings of the following terms are as follow:

 

“Related
parties” mean to anyone, any other person directly or indirectly control the person, is co-controlled with the person
or is co-controlled by the person. In the definition, “control” means to directly or indirectly control or
manipulate the management activities or policies of another person (including owing the securities of another person, other owner’s
equity or being partner with another person in accordance with the contract or in other way).

 

    	1

     

    

 

Refer
to term 3.1 for the definition of “Consulting service charge”.

 

“Debt”
means to anyone, (i) all funds, which are borrowed by the person to pay for the deferred purchase price of assets or service (including
principal, interest, fees and charges); (ii) all L/C issued according to the amount of debt of the person and the face amount
of all drafts issued according to such L/C; (iii) all debts taking any encumbrance as the guarantee set upon any property owned
by the person whether the person has undertaken such debt or not; (iv) gross amounts of lease capitalization taking the person
as the tenant; and (v) all contingent liabilities of the person (including but not limited to all guarantee of the third party).

 

“Encumbrance”
means the legal limit to any type of asset, including but not limited to lien, encumbrance, guarantee, rights of others, agency
of right to vote, trust of right of voting or similar arrangement, pledge, security interests, subordinate guarantee agreement,
mortgage objection, defects of ownership, reserve protocol of ownership, option, restrictive covenants, transfer limit, preemptive
right or preferred right to offer, or any similar equity, or legal limit in any nature.

 

“Person”
means any person, legal person, company, society under voluntary association, partnership, joint venture enterprise, trust, non-corporate
organization, equity or other organization or any government body.

 

“China”
means the People’s Republic of China.

 

“Service”means
the service planned to be provided to Party B by Party A in accordance with the agreement. For more detailed description on service,
please refer to Article 2. In the agreement, unless the context otherwise requires, “Article” is the term of the agreement.

 

1.2
All headlines in the agreement do not affect the interpretation to the agreement.

 

2.Employment
and service scope 

 

2.1
Party B agrees to employ Party A to provide service relating to the business at present with Party A and planned to operate in
China according to the terms and conditions of the agreement. Party A shall also accept Party B’s employment. The service
subject to the agreement includes but is not limited to:

 

    	2

     

    

 

2.1.1
Operation service of general business. Provide related suggestions and assistance with the development of technology, as well
as provide consulting service, especially the consulting service related to auto environmental protection.

 

2.1.2
Human resources service

 

(i)
to provide suggestions and assistance related to Party B’s working staff, including the assistance of recruitment, employment,
secondment of administrative staff, executive staff and Party B’s working staff;

 

(ii)
to train Party B’s management, staff and administrative staff;

 

(iii)
to assist Party B to develop the sound salary management control system;

 

(iv)
to provide suggestions and assistance related to the relocation of Party B’s management staff and workers.

 

2.1.3
Research and development service

 

(i)
to provide suggestions and assistance related to the research and development to Party B;

 

(ii)
to provide suggestions and assistance related to the development of the industry; and

 

2.1.4
Other service. Provide other suggestions and assistance to Party B according to the agreement of both parties.

 

2.2
Exclusive service provider. Within the period of validity in the agreement, Party A is the exclusive provider of service.
Unless Party A’s prior written approval is achieved, Party B shall not seek or accept similar service from other service
providers.

 

2.3
Intellectual property related to service. Any right, ownership, equity and intellectual property (including but not limited to
copyright, patent right, technical secrets, commercial secrets and others). Whether it is developed by Party A independently,
or by Party B based on Party A’s intellectual property, or by Party A based on Party B’s intellectual property, Party
A shall enjoy the exclusive and sole right and equity and Party B shall not claim any right, ownership, right and intellectual
property to Party A.

 

However,
if the development is conducted by Party A based on Party B’s intellectual property, Party B shall make sure that there
is no defect in the intellectual property. If the loss occurs to Party A, Party B shall undertake it. If Party A undertakes the
compensation responsibility to any third person for this, after such compensation is made, Party A shall have the right to pursue
the recovery from Party B for all loss .

 

    	3

     

    

 

2.4
Pledge. Party B shall allow and promote Party B’s shareholders to pledge Party B’s equity held by Party B’s
shareholder to party A, which shall be taken as the guarantee of Party B for the payment provided to Party A according to the
agreement.

 

3.Payment

 

3.1
General regulations.

 

3.1.1
Within the period of validity of the agreement, Party B shall pay the consulting service charge to Party A (hereinafter referred
as “Consulting Service Charge”) as the return for the service provided by Party A according to the agreement.
Party B shall pay the consulting service charge with Chinese Yuan [according to the quarter]. Its amount shall be confirmed on
the basis of all income in the current season recorded in the quarterly financial statement prepared according to the following
Term 5.1. Party B shall pay the consulting service charge in the season to party A within 15 days since the day when Party A receives
the above financial statement.

 

3.1.2
When Party A puts forward reasonable requirements, Party B shall allow Party A or Party A’s agent or representative (including
independent public accountants, who can be Party B’s) to regularly audit (i) Party B’s account book and record from
time to time; (ii) check, duplicate and excerpt all account books, records and documents (including, but not limited to tapes
and disks used in the computer) owned by Party B or under Party B’s control; (iii) visit Party C’s workplace and property
in the purpose of checking the materials stated in (ii) and (iv) discuss with Party B’s relevant senior clerks or staff
about the matters related to Party B’s behavior of implementing the agreement. Such senior clerks or staff mean Party B’s
senior clerks or staff knowing about such matters. Party A can exercise the auditing right stated above any time after notifying
Party B 10 days earlier. Such written notice shall record the scope, purpose and lasting time of such auditing. However, all of
such auditing shall be conducted in the way of not disturbing Party B’s normal operation.

 

3.2
Unless prior written approval from Party A, Party B shall have no right to offset any account owed by Party A, which Party B claims,
and any consulting service charge paid to Party A.

 

3.3
Party B shall wire the consulting service charge into Party A’s account with Chinese Yuan. Party A’s account information
is shown as follows (Party A can designate other account in the written form):

 

3.4
If Party B does not pay all or part matured consulting service charge to Party A according to the term regulated in the article
(i.e. Article 3), Party B shall pay Party A interest of overdue amount in Chinese Yuan according to the interest rate of three-month
Chinese Yuan loan publicized by Bank of China on relevant maturity date.

 

    	4

     

    

 

3.5
Party B shall pay all funds according to the agreement (excluding taxes). Party B shall not deduct tax from such funds, unless
Party B must pay withholding taxes when paying such funds.

 

4.
Clauses of further cooperation

 

Party
B shall deposit all business income into the bank account designated by Party A.

 

5.
Party B’s guarantee

 

Party
B hereby agrees that within the period of validity of the agreement:

 

5.1
Promise of information. Party B shall be provided:

 

5.1.1
Preliminary monthly statement. Within five days when each calendar month ends, preliminary income statement and balance
sheet prepared as of the ending of the calender month according to China Generally Accepted Accounting Principles, which has been
continued to be applicable.

 

5.1.2
Final monthly statement. Within 10 days at the ending of each calender month, the final statement of partial financial
status, operation results and matters transaction results prepared as of the day when the calender month ends according to China
Generally Accepted Accounting Principles, which has been continued to be applicable, and of the corresponding financial year in
the past. Such statement shall include the comparable chart of Party B in the last financial year in the same period.

 

5.1.3
Quarterly statement. Within 45 days since the end of each quarter (refer to the definition in the following text), concluded
income statement, concluded retained earnings statement and changes of concluded financial status statement of Party B in the
season and in the relevant financial year in the period from the beginning of the financial year to the ending date of such season,
which have not been audited, as well as the statement of changes in financial position (if applicable) of Party B and Party B’s
subsidiary and the consolidated balance sheet, which takes the ending date of the season as the expiration date, can be available.
Such statement shall record the comparison of Party B’s actual expenditures and budget and include the comparison table
of corresponding consolidated data of Party B in the last financial year in the same period. At the same time, relevant certificate
issued by Party B’s chief financial officer is attached. The certificate shall clearly state that such financial statement
has fairly reflected consolidated financial status and operating results of Party B and Party B’s subsidiary and is prepared
according to China Generally Accepted Accounting Principles, which remains applicable as of the ending of corresponding statement
period (such statement period is subject to the year-end audit adjustment and the note of audited financial statement).

 

    	5

     

    

 

5.1.4
Audited annual accounts. Within 6 months at the ending of each financial year, Party B’s relevant annual accounts,
which have been prepared according to China Generally Accepted Accounting Principles, keeping applicable, and have been audited
(Under any case, such annual account shall list the corresponding data in the last financial year in the form of comparing the
table).

 

5.1.5
Budget. Before the beginning of each financial year, within at least 90 days, the budget of each financial season within
such financial year is prepared according to the format matching Party A’s requirements (including Revenue Budgets Income
Statement, Cash Source, Use Statement and the balance sheet). Besides, relevant statement issued by Party B’s chief financial
officer is attached. Party B’s CFO shall state in such statement that as far as he/she knows, such budget is the reasonable
estimate to income, income source, financial expenditure, etc. within the corresponding budget term.

 

5.1.6
Notice of Action. Notice relating to the following events: (i) any lawsuit or administrative procedure, which may point
to Party B and may disadvantageously influence Party B’s business, operation, property, asset status or Party B’s
earnings prospect; (ii) any other possible event, which may disadvantageously influence Party B’s business, operation, property,
asset status or Party B’s earnings prospect. Party B shall send such notice to Party A in time. (Under any case, Party B
shall send such notice to Party A within one working day after any senior staff knows about such event).

 

5.1.7
Other information. Other information or documents (financial documents or in other aspects) provided by Party B under the
request of Party A. In the agreement, “the ending day of the season” is Mar 31, Jun 30, Sep 30, and Dec 30 in every
year. The ending day of the first season shall be the first Mar 31, Jun 30, Sep 30 and Dec 31 after the day when the agreement
is signed. However, if any ending day of the season is not working day in China, the ending day of the season shall be delayed
to the next working day in China.

 

5.2
Booklet, record and check. Party B shall store the record book and accounts containing the complete, real and precise entries
and shall make sure that it matches Chinese GAAP and all requirements in law about all business dealings and transactions relating
to Party B’s business and activities. Party B shall allow Party A’s senior staff and the representatives designated
by Party A to visit and check their any operation field under the guidance of their senior staff, check their record book and
entries and discuss with Party A’s senior staff about Party B’s all events, financial affairs and entries. Party A’s
senior staff and the representatives designated by Party A conduct all activities stated above according to the intervals and
reasonable degree required by Party A in all reasonable time.

 

5.3
Franchise rights of the company. Party B shall adopt or instruct Party B’s relevant staff to adopt all necessary
measures, so as to maintain its subject qualification and existence and sufficient force of Party B’s major rights, franchise
rights and right of licenced use.

 

    	6

     

    

 

5.4
Affairs of following laws. Party B shall follow all applicable laws, regulations and decrees, as well as all applicable
limited conditions imposed upon by all government institutes aiming at its business behavior and property ownership right, including,
but not limited to store the valid and correct government approval paper and license when providing services, unless even though
such laws, regulations and decrees, as well as limited conditions are not followed, Party B’s business, operation, property,
asset status or Party B’s profit prospect will not suffer gross and unfavorable effect in general.

 

6.
Negalive Covenants

 

Party
B promises and agrees that within the period of validity of the agreement, without prior written agreement from Party A, the following
behavior will not be implemented:

 

6.1
Stock right.Party B shall not issue, purchase or redeem its any stock right or bond.

 

6.2
Encumbrance. Party B shall set, incur or undertake any encumbrance upon any property or asset, which have been owned right
now or obtained later (whether or not such property or asset is real estate, or personal property or asset, or such property or
asset is tangible property or asset or intangible property or assets), or allow the existence of any such encumbrance. However,
the regulations of the article (i.e. Article 6.2) do not forbid setting, incurring, undertaking or having the following encumbrance:

 

6.2.1
Aiming at the encumbrance set by the undue taxes or the encumbrance set by aiming at the taxes suffering the well-meaning questioning
in relevant legal procedure. In addition, Party B has established sufficient reserve aiming at such taxes. And

 

6.2.2
Encumbrance set upon Party B’s property or asset by law and matching the following conditions during the daily business
process: (1) such encumbrance will not have the gross value of such property or asset greatly reduced, or have the use value of
such property or asset seriously decreased during the process of Party B’s operation business, or (2) such encumbrance has
suffered well-meaning questioning during the related legal procedure. Besides, such legal procedure has the effect to stop foreclosure
or sale of such property or asset from being constrained by any such encumbrance.

 

6.3
Consolidate, merge and sell assets, etc. Party B shall not close a business, be liquidated or dismissed, reach any merging
or consolidated transaction or transfer, sell, lease or dispose in other way (or agree to perform the events stated above in any
time in the future) its all or partial property or asset, or purchase or acquire any part of any one’s property or asset
(in once or a series of related transactions) (excluding the situations of taking over inventory, materials and facility in other
way during the daily operation business), unless (i) Party B can sell inventory during the daily business process; (ii) Party
B can sell the equipment during the daily operation process, which may not be profited or be outdated.

 

    	7

     

    

 

6.4
Dividend. Party B shall not declare or pay any dividend, or refund any asset to its shareholders, or authorize or allocate
or pay any other fund or deliver any property or cash to its shareholders on its own account, by taking paying certain consideration
as the condition, directly or indirectly redeem, collect back, purchase or acquire in other way any type of any share, which has
been issued at present or later (or any stock right or any warrant relating to its capital stock issued by it), or reserve any
capital for any purpose stated above.

 

6.5
Lease. Party B shall not allow the gross amount of the funds (inclduing but not limited to any house property tax paid
in the name of extra rental or rent expense) paid by it according to any lease agreement about any real estate or private property
within any accounting year over [RMB 1 million].

 

6.6
Debts. Party B shall not sign any debt contract, or create, incur or undertake any debt or allow the existence of any debt,
not including the accrued charge and the funds from floating trade, which should be paid, and the debts appearing based on the
trade L/C issued during the daily operation process and matching the following conditions (the purpose that Party B has such debt
is to achieve the capital to purchase commodities. Besides, such debts shall be fully repaid within [one ] year since the day
when it appears initially).

 

6.7
Advance payment, investment and loan. Party B shall not lend any fund or credit to any person, or provide advance payment
to any person, purchase or acquire any stock, debt or security or any other interest from any person, or fund any person, unless
Party A can collect back funds payable appearing during the daily business process.

 

6.8
Transactions with the related parties. Whether or not in the daily operation process, Party B shall not reach any transaction
or a series of related transactions with any related part, excluding the related transaction according to the terms and conditions
favorable to it in nature. Such terms and conditions mean the ones which can be achieved when Party B has conducted the comparable
fair transaction with the people but not the related parties on this premise of achieving Party A’s prior written agreement.

 

6.9
Capital expenditure. In the following any period (one accounting period in general), the total amount of Party B’s
any fixed asset or expenditure of capital and assets (including but not limited to the maintenance and repair expenditure according
to the capitalization of Chinese GAAP) should not surpass the amount in the beginning of the year corresponding to the accounting
year.

 

    	8

     

    

 

6.10
Amendment of debt arrangement, agreement or the article of association. Party B shall not (i) pay or prepay, or redeem
or acquire any exiting debt voluntarily or optionally (including but not limited to before relevant funds or securities are due,
deposit the funds to the bailee, which shall be paid when current debts are due), (ii) modify or amend, or allow to modify or
amend any existing debt or any agreement relevant to any item stated above (including but not limited to any purchase agreement,
covenant, loan agreement or guarantee agreement), or (iii) modify, amend or change its article of association or business license,
any concluded agreement relating to its capital stock, or new agreement relating to its capital stock.

 

6.11
Business scope. Unless written agreement from Party A is achieved, Party B shall not (directly or indirectly) undertake
any business within the operation scope regulated by its business license.

 

7.
Validity and termination

 

7.1
The agreement shall take effect since the day it is signed. Unless it is terminated according to the regulation of Article 7.2,
the agreement shall remain full force.

 

7.2
Under the following cases, the agreement can be terminated:

 

7.2.1
If any party seriously violates the agreement (including, but not limited to the consulting service charge unpaid by Party B)
and the default belongs to the behavior, which is not non-financial obligation, but can be remedied, the defaulting party does
not adopt remedy measures after receiving the written notice from the observant party within 14 days, then the observant party
can terminate the agreement after being noticed of defaulting in the written form.

 

7.2.2
If any party goes bankruptcy or suffers insolvency, is implementing the liquidation or dissolution procedure, bonded by the arrangement
of liquidation or dissolution, stops carrying on business or repaying its matured debts, the other side can terminate the agreement
after notifying the side in the written form.

 

7.2.3
If Party A stops operating due to any reason, any party can terminate the agreement after issuing the written notice to the other
side.

 

7.2.4
If party B’s business license or any other license or approval paper for carrying out operation activities are terminated,
canceled or revoked, any side can terminate the agreement after sending out the written notice to the other side.

 

    	9

     

    

 

7.2.5
If the cases appear, which may unfavorably affect the implementation or the goals of the agreement, any side can terminate the
agreement after sending out the written notice to the other side. Or

 

7.2.6
Party A can decide to terminate the agreement on its own, whether or not if it states the reasons of terminating the agreement.

 

7.3
If one side properly terminates the agreement according to the regulations of Article 7.2, the side does not need to undertake
compensation, supplement or damage compensate responsibility only due to it implements the right of termination. Even if the period
of validity of the agreement expires or is terminated, it shall not affect Party B’s responsibility to go on paying any
consulting service charge, which has appeared or should be paid to Party A, for it is due. When the validity of the agreement
expires or is terminated, according to the agreement, the funds, which have been due, but not have been paid to Party A by Party
B, as well as all other funds, which Party B shall pay to Party B, but are not due, shall be due right away and paid.

 

8.
Party A’s remedy channels after Party B defaults

 

In
addition to the remedy channels regulated by other articles in the agreement, Party A shall have the right to achieve the remedy
channels allowed by Chinese laws, including but not limited to acquire the compensation of any direct or indirect loss arisen
due to Party B’s default behavior, as well as the counsel fee appearing for recovering the loss due to such default behavior.

 

9.
Agency

 

The
both parties are independent contractors. Besides, any regulation about the agreement is interpreted to be that for any purpose,
one side shall be the agent, partner, legal person or employer of the other side. Unless otherwise specified in this Agreement,
any side shall have no right to implement the behaviors with binding force to the other side.

 

10.
Settlement of Disputes

 

When
the both sides of the agreement have disputes about the explanation and implementation of articles under the agreement, the both
sides shall kindly negotiate to solve such disputes. If the negotiation fails, any side can submit relevant disputes to China
International Economic and Trade Arbitration Commission, which shall be solved by arbitration through effective arbitration rules
then. The arbitration location is in [Shenzhen] and the language serving the arbitration is Chinese. The arbitration decision
shall be final and have binding force to both parties. The regulation of the article is not affected by the termination or cancellation
of the agreement.

 

    	10

     

    

 

In
addition to the affairs that the both sides of the agreement have disputes, the both sides of the agreement shall go on implementing
their obligations respectively according to the regulation of the agreement based on the good-will principles.

 

11.
Transfer

 

Neither
side shall assign or transfer any part in this Agreement without the prior written consent of the other side.Therefore, any such
assignment or transfer shall be ineffective acts. However, Party A may assign its rights and obligations under this Agreement
to its related parties.

 

12. Notice

 

Any
side shall write in English and Chinese the notice or other letters sent according to the agreement, which shall be sent to the
following designated address of the other side or the address designated by the other side from time to time in any following
way:delivered by hand; sent in the way of registered mail, the mail under postage prepaid or approved express company; or sent
by fax.The date when such notice is formally sent shall be confirmed according to the following regulations: (1) once the notice
delivered to the recipient by hand shall be considered to be sent formally; (2)the notice shall be considered to be formally sent
by mailing in the form of registered mail by air under postage prepaid within ten (10) days since the day when it is sent out
(subject to the date shown on the postmark) or since the notice delivered to the express service company approved publicly in
the world for four (4) days; (3) by means of the notice sent by fax since the day when it is received (subject to the time shown
on the relevant documents, which are being sent and waited for being confirmed).

 

	Party
    A:	 	CXJ
    (Shenzhen) Technology Co., Limited
	 	 	Add:3607B1,
    Block A, Xinghe Shiji Building, Southwest of the junction of Shenzhen Avenue and CaiTian Road, Futian District, Shenzhen City,
    China.
	 	 	Recipient:Lixin
    Cai
	 	 	Fax:
	 	 	Tel:
	 	 	 
	Party
    B:	 	CXJ
    Technology (Hangzhou) Co., Limited
	 	 	Add: Room
    1903-1, Xizi International Center, Jianggan District, Hangzhou City, Zhejiang Province, China.
	 	 	Recipient: Lixin
    Cai
	 	 	Tel:
	 	 	Fax:

 

    	11

     

    

 

13.
General terms 

 

13.1
Even if any side can not or delays in exercising its any right or right of relief under the terms of the contract, it can not
constitute that the side has given up such right or right of relief, or the side has given up any other right or right of relief
under the terms of the agreement. Even if any side only exercises any item of rights or right of relief under the terms of the
agreement or partially exercises such right or right of relief, it can not hamper it to further exercise such right or right of
relief, or even any other right or right of relief.

 

13.2
Even if all or any part of any provision of this Agreement is declared invalid or unenforceable for any reason, all other provisions
in this Agreement or all other parts of this article shall remain in full force.

 

13.3
The agreement has constituted the entire agreement reached by both parties for the subject in the agreement, and shall replace
all relevant agreements formerly.

 

13.4
No amendment or change to this Agreement shall be effective unless made in writing and signed by the parties or their respective
agents.

 

13.5
The agreement is in duplicate, with Party A and Party B holding one original copy respectively. All original copies shall have
the same legal force.

 

[The
following is the signing page]

 

    	12

     

    

 

Both
sides have demanded their own legal person and their representatives formally authorized to formally sign the agreement on the
date stated in the first part of the agreement. This is hereby to prove. 

 

	Party
    A:	CXJ
    (Shenzhen) Technology Co., Limited 	 
	 	 	 	 
	 	The
    undersigned:		 
	 	Name:	 	 
	 	Position:	 	 
	 	 		 
	Party
    B: 	CXJ
    Technology (Hangzhou) Co., Limited 	 
	 	 	 	 
	 	The
    undersigned:		 
	 	Name:	 	 
	 	Position:	 	 

 

[签名页– 咨询服务协议]EX-10.3

 Exhibit 10.3 
  

					
		 	  

JFROG LTD.
 2020
SHARE INCENTIVE PLAN
  
	 	

 Unless otherwise defined, terms used herein shall have the meaning ascribed to them in Section 2 hereof. 

 

	 	1.	 PURPOSE; TYPES OF AWARDS; CONSTRUCTION. 

(a) Purpose. The purpose of this 2020 Share Incentive Plan (as amended, this “Plan”) is to afford an incentive to
Service Providers of JFrog Ltd., an Israeli company (together with any successor corporation thereto, the “Company”), or any Affiliate of the Company, which now exists or hereafter is organized or acquired by the Company or its
Affiliates, to continue as Service Providers, to increase their efforts on behalf of the Company or its Affiliates and to promote the success of the Company’s business, by providing such Service Providers with opportunities to acquire a
proprietary interest in the Company by the issuance of Shares or restricted Shares (“Restricted Shares”) of the Company, and by the grant of options to purchase Shares (“Options”), Restricted Share Units
(“RSUs”) and other Share-based Awards pursuant to Sections 11 through 13 of this Plan. 
 (b) Types of Awards. This
Plan is intended to enable the Company to issue Awards under various tax regimes, including: 
 (i) pursuant and subject to the
provisions of Section 102 of the Ordinance (or the corresponding provision of any subsequently enacted statute, as amended from time to time), and all regulations and interpretations adopted by any competent authority, including the Israel Tax
Authority (the “ITA”), including the Income Tax Rules (Tax Benefits in Stock Issuance to Employees) 5763-2003 or such other rules so adopted from time to time (the “Rules”) (such Awards that are intended to be (as
set forth in the Award Agreement) and which qualify as such under Section 102 of the Ordinance and the Rules, “102 Awards”); 

(ii) pursuant to Section 3(i) of the Ordinance or the corresponding provision of any subsequently enacted statute, as amended from time
to time (such Awards, “3(i) Awards”); 
 (iii) Incentive Stock Options within the meaning of Section 422
of the Code, or the corresponding provision of any subsequently enacted United States federal tax statute, as amended from time to time, to be granted to Employees who are deemed to be residents of the United States, for purposes of taxation, or are
otherwise subject to U.S. Federal income tax (such Awards that are intended to be (as set forth in the Award Agreement) and which qualify as an incentive stock option within the meaning of Section 422(b) of the Code, “Incentive Stock
Options”); and 
 (iv) Options not intended to be (as set forth in the Award Agreement) or which do not qualify as an Incentive
Stock Option to be granted to Service Providers who are deemed to be residents of the United States for purposes of taxation, or are otherwise subject to U.S. Federal income tax (“Nonqualified Stock Options”). 

In addition to the issuance of Awards under the relevant tax regimes in the United States of America and the State of Israel, and without
derogating from the generality of Section 25, this Plan 

 
contemplates issuances to Grantees in other jurisdictions or under other tax regimes with respect to which the Committee is empowered, but is not required, to make the requisite adjustments in
this Plan and set forth the relevant conditions in an appendix to this Plan or in the Company’s agreement with the Grantee in order to comply with the requirements of such other tax regimes. 

(c) Company Status. This Plan contemplates the issuance of Awards by the Company, both as a private and public company. 

(d) Construction. To the extent any provision herein conflicts with the conditions of any relevant tax law, rule or regulation which
are relied upon for tax relief in respect of a particular Award to a Grantee, the Committee is empowered, but is not required, hereunder to determine that the provisions of such law, rule or regulation shall prevail over those of this Plan and to
interpret and enforce such prevailing provisions. With respect to 102 Awards, if and to the extent any action or the exercise or application of any provision hereof or authority granted hereby is conditioned or subject to obtaining a ruling or tax
determination from the ITA, to the extent required by applicable law, then the taking of any such action or the exercise or application of such section or authority with respect to 102 Awards shall be conditioned upon obtaining such ruling or tax
determination, and, if obtained, shall be subject to any condition set forth therein; it being clarified that there is no obligation to apply for any such ruling or tax determination (which shall be in the sole discretion of the Committee) and no
assurance is made that if applied any such ruling or tax determination will be obtained (or the conditions thereof). 
  

	 	2.	 DEFINITIONS. 

(a) Terms Generally. Except when otherwise indicated by the context, (i) the singular shall include the plural and the plural shall
include the singular; (ii) any pronoun shall include the corresponding masculine, feminine and neuter forms; (iii) any definition of or reference to any agreement, instrument or other document herein shall be construed as referring to such
agreement, instrument or other document as from time to time amended, restated, supplemented or otherwise modified (subject to any restrictions on such amendments, restatements, supplements or modifications set forth therein or herein),
(iv) references to any law, constitution, statute, treaty, regulation, rule or ordinance, including any section or other part thereof shall refer to it as amended from time to time and shall include any successor thereof, (v) reference to
a “company” or “entity” shall include a, partnership, corporation, limited liability company, association, trust, unincorporated organization, or a government or agency or political subdivision thereof, and reference to a
“person” shall mean any of the foregoing or an individual, (vi) the words “herein”, “hereof” and “hereunder”, and words of similar import, shall be construed to refer to this Plan in its entirety, and not
to any particular provision hereof, (vii) all references herein to Sections shall be construed to refer to Sections to this Plan; (viii) the words “include”, “includes” and “including” shall be deemed to be
followed by the phrase “without limitation”; and (ix) use of the term “or” is not intended to be exclusive. 
 (b)
Defined Terms. The following terms shall have the meanings ascribed to them in this Section 2.2: 
 (i)
“Affiliate” shall mean with respect to any person, any other person that, directly or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with, such person (with the term
“control” or “controlled by” within the meaning of Rule 405 of Regulation C under the Securities Act), including, without limitation, any Parent or Subsidiary, or Employer. 

(ii) “Applicable Law” shall mean any applicable law, rule, regulation, statute, pronouncement, policy, interpretation,
judgment, order or decree of any federal, provincial, state or local 

 
governmental, regulatory or adjudicative authority or agency, of any jurisdiction, and the rules and regulations of any stock exchange, over-the-counter market or trading system on which the Company’s shares are then traded or listed. 

(iii) “Award” shall mean any Option, Restricted Share, RSUs, Shares or any other Share-based award granted under this Plan.

 (iv) “Board” shall mean the Board of Directors of the Company. 

(v) “Change in Board Event” shall mean any time at which individuals who, as of the Effective Date, constitute the Board (the
“Incumbent Board”) cease for any reason to constitute at least a majority of the Board; provided, however, that any individual becoming a director subsequent to the Effective Date whose election, or nomination for
election by the Company’s shareholders, was approved by a vote of at least a majority of the directors then comprising the Incumbent Board shall be considered as though such individual were a member of the Incumbent Board, but excluding, for
this purpose, any such individual whose initial assumption of office occurs as a result of an actual or threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or
consents by or on behalf of a Person other than the Board. 
 (vi) “Code” shall mean the United States Internal Revenue
Code of 1986, and any applicable regulations promulgated thereunder, all as amended. 
 (vii) “Committee” shall mean a
committee established or appointed by the Board to administer this Plan, subject to Section 3.1. 
 (viii) “Companies
Law” shall mean the Israel Companies Law, 5759-1999, and the regulations promulgated thereunder, all as amended from time to time. 

(ix) “Controlling Shareholder” shall have the meaning set forth in Section 32(9) of the Ordinance. 

(x) “Disability” shall mean (i) the inability of a Grantee to engage in any substantial gainful activity or to perform
the major duties of the Grantee’s position with the Company or its Affiliates by reason of any medically determinable physical or mental impairment which has lasted or can be expected to last for a continuous period of not less than 12 months
(or such other period as determined by the Committee), as determined by a qualified doctor acceptable to the Company, (ii) if applicable, a “permanent and total disability” as defined in Section 22(e)(3) of the Code or
Section 409A(a)(2)(c)(i) of the Code, as amended from time to time, or (iii) as defined in a policy of the Company that the Committee deems applicable to this Plan, or that makes reference to this Plan, for purposes of this definition.
Notwithstanding the foregoing, for Awards that are subject to Section 409A of the Code, Disability shall mean that a Participant is disabled under Section 409A(a)(2)(C)(i) or (ii) of the Code. 

(xi) “Employee” shall mean any person treated as an employee (including an officer or a director who is also treated as an
employee) in the records of the Company or any of its Affiliates (and in the case of 102 Awards, subject to Section 9.3 or in the case of Incentive Stock Options, who is an employee for purposes of Section 422 of the Code); provided,
however, that neither service as a director nor payment of a director’s fee shall be sufficient to constitute employment for purposes of this Plan. The Company shall determine in good faith and in the exercise of its discretion whether an
individual has become or has ceased to be an Employee and the effective date of such individual’s employment or 

 
termination of employment, as the case may be. For purposes of a person’s rights, if any, under this Plan as of the time of the Company’s determination, all such determinations by the
Company shall be final, binding and conclusive, notwithstanding that the Company or any court of law or governmental agency subsequently makes a contrary determination. 

(xii) “Employer” means, for purpose of a 102 Trustee Award, the Company or an Affiliate, Subsidiary or Parent thereof, which
is an “employing company” within the meaning and subject to the conditions of Section 102(a) of the Ordinance. 
 (xiii)
“employment”, “employed” and words of similar import shall be deemed to refer to the employment of Employees or to the services of any other Service Provider, as the case may be. 

(xiv) “exercise” “exercised” and words of similar import, when referring to an Award that does not require
exercise or that is settled upon vesting (such as may be the case with RSUs or Restricted Shares, if so determined in their terms), shall be deemed to refer to the vesting of such an Award (regardless of whether or not the wording included reference
to vesting of such an Awards explicitly). 
 (xv) “Exercise Period” shall mean the period, commencing on the date of grant
of an Award, during which an Award shall be exercisable, subject to any vesting provisions thereof (including any acceleration thereof, if any) and subject to the termination provisions hereof. 

(xvi) “Exercise Price” shall mean the exercise price for each Share covered by an Option or the purchase price for each Share
covered by any other Award. 
 (xvii) “Fair Market Value” shall mean, as of any date, the value of a Share or other
securities, property or rights as determined by the Board, in its discretion, subject to the following: (i) if, on such date, the Shares are listed on any established securities exchange or national market system, including without limitation
the New York Stock Exchange, the NASDAQ Global Select Market, the NASDAQ Global Market or the NASDAQ Capital Market of The NASDAQ Stock Market, the Fair Market Value with respect to one Share will be the closing sales price for a Share (or the
closing bid, if no sales were reported) as quoted on such exchange or system on the day of determination, as reported in The Wall Street Journal or such other source as the Committee deems reliable; (ii) if, on such date, the Shares are
then quoted in an over-the-counter market, the Fair Market Value with respect to one Share will be the mean between the high bid and low asked prices for a Share on the
day of determination (or, if no bids and asks were reported on that date on the last trading day such bids and asks were reported), , as reported in The Wall Street Journal or such other source as the Committee deems reliable; or (iii) if, on
such date, the Shares are not then listed on a securities exchange or quoted in an over-the-counter market, or in case of any other securities, property or rights, such
value as the Committee, in its sole discretion, shall determine, with full authority to determine the method for making such determination and which determination shall be conclusive and binding on all parties, and shall be made after such
consultations with outside legal, accounting and other experts as the Committee may deem advisable; provided, however, that, if applicable, the Fair Market Value of the Shares shall be determined in a manner that is intended to satisfy the
applicable requirements of and subject to Section 409A, and with respect to Incentive Stock Options, in a manner that is intended to satisfy the applicable requirements of and subject to Section 422 of the Code, subject to
Section 422(c)(7) of the Code. The Committee shall maintain a written record of its method of determining such value. If the Shares are listed or quoted on more than one established securities exchange/national market system or over-the-counter market, the Committee 

 
shall determine the principal such exchange or market and utilize the price of the Shares on that exchange or market (determined as per the method described in clauses (i) or (ii) above, as
applicable) for the purpose of determining Fair Market Value. Notwithstanding the above, for purposes of Section 6.4.2 with respect to 102 Capital Gains Track Awards the Fair Market Value shall be determined in accordance with the tax ruling to
be obtained from the ITA. 
 (xviii) “Grantee” shall mean a person who has been granted an Award(s) under this Plan. 

(xix) “Ordinance” shall mean the Israeli Income Tax Ordinance (New Version) 1961, and the regulations and rules (including
the Rules) promulgated thereunder, all as amended from time to time. 
 (xx) “Parent” shall mean any company (other than
the Company), which now exists or is hereafter organized, (i) in an unbroken chain of companies ending with the Company if, at the time of granting an Award, each of the companies (other than the Company) owns stock possessing fifty percent
(50%) or more of the total combined voting power of all classes of stock in one of the other companies in such chain, or (ii) if applicable and for purposes of Incentive Stock Options, that is a “parent corporation” of the Company, as
defined in Section 424(e) of the Code.“Registration Date” means the effective date of the first Registration Statement. 

(xxi) “Registration Statement” means a registration statement filed by the Company and declared effective under
Section 12(b) of the U.S. Securities Exchange Act of 1934, as amended, with respect to any class of the Company’s securities. 

(xxii) “Retirement” shall mean a Grantee’s retirement pursuant to Applicable Law or in accordance with the terms of any tax-qualified retirement plan maintained by the Company or any of its Affiliates in which the Grantee participates or is subject to. 

(xxiii) “Securities Act” shall mean the U.S. Securities Act of 1933, and the rules and regulations promulgated thereunder,
all as amended from time to time. 
 (xxiv) “Section 409A” shall mean Section 409A of the Code, as
it has been and may be amended from time to time, and any proposed or final U.S. Treasury Regulations and U.S. Internal Revenue Service guidance that has been promulgated or may be promulgated thereunder from time to time. 

(xxv) “Service Provider” shall mean an Employee, director, officer, consultant, advisor and any other person or entity who
provides services to the Company or any Parent, Subsidiary or Affiliate thereof. Service Providers shall include prospective Service Providers to whom Awards are granted in connection with written offers of an employment or other service
relationship with the Company or any Parent, Subsidiary or any Affiliates thereof, provided, however, that such employment or service shall have actually commenced. 

(xxvi) “Shares” shall mean Ordinary Shares, par value NIS 0.01 each of the Company (as adjusted for stock split, reverse
stock split, bonus shares, combination or other recapitalization events), or shares of such other class of shares of the Company as shall be designated by the Board in respect of the relevant Award(s). “Shares” include any securities,
property or rights issued or distributed with respect thereto. 

 (xxvii) “Subsidiary” shall mean any company (other than the Company), which
now exists or is hereafter organized or acquired by the Company, (i) in an unbroken chain of companies beginning with the Company if, at the time of granting an Award, each of the companies other than the last company in the unbroken chain owns
stock possessing fifty percent (50%) or more of the total combined voting power of all classes of stock in one of the other companies in such chain, or (ii) if applicable and for purposes of Incentive Stock Options, that is a “subsidiary
corporation” of the Company, as defined in Section 424(f) of the Code. 
 (xxviii) “tax(es)” shall mean
(a) all federal, state, local or foreign taxes, charges, fees, imposts, levies or other assessments, including all income, capital gains, alternative or add-on minimum, transfer, value added tax, real and
personal property, withholding, payroll, employment, escheat, social security, disability, national security, health tax, wealth surtax, stamp, registration and estimated taxes, customs duties, fees, assessments and charges of any similar kind
whatsoever (including under Section 280G of the Code) or other tax of any kind whatsoever, (b) all interest, indexation differentials, penalties, fines, additions to tax or additional amounts imposed by any taxing authority in connection
with any item described in clause (a), (c) any transferee or successor liability in respect of any items described in clauses (a) or (b) payable by reason of contract, assumption, transferee liability, successor liability, operation of
Applicable Law, or as a result of any express or implied obligation to assume Taxes or to indemnify any other person, and (d) any liability for the payment of any amounts of the type described in clause (a) or (b) payable as a result of
being a member of an affiliated, consolidated, combined, unitary or aggregate or other group for any taxable period, including under U.S. Treasury Regulations Section 1.1502-6(a) (or any predecessor or
successor thereof of any analogous or similar provision under Law) or otherwise. 
 (xxix) “Ten Percent Shareholder” shall
mean a Grantee who, at the time an Award is granted to the Grantee, owns shares possessing more than ten percent (10%) of the total combined voting power of all classes of shares of the Company or any Parent or Subsidiary, within the meaning of
Section 422(b)(6) of the Code. 
 (xxx) “Trustee” shall mean the trustee appointed by the Committee to hold the Awards
(and, in relation with 102 Trustee Awards, approved by the ITA), if so appointed. 
 (c) Other Defined Terms. The following terms
shall have the meanings ascribed to them in the Sections set forth below: 
  

					
	 	 	Term	  	Section
			
		 	102 Awards	  	1.2.1
			
		 	102 Capital Gains Track Awards	  	9.1
			
		 	102 Non-Trustee Awards	  	9.2
			
		 	102 Ordinary Income Track Awards	  	9.1
			
		 	102 Trustee Awards	  	9.1
			
		 	3(i) Awards	  	1.2.2
			
		 	Award Agreement	  	6
			
		 	Cause	  	6.6.4.4

					
			
		 	Company	  	1.1
			
		 	Effective Date	  	24.1
			
		 	Election	  	9.2
			
		 	Eligible 102 Grantees	  	9.3.1
			
		 	Incentive Stock Options	  	1.2.3
			
		 	Information	  	16.4
			
		 	ITA	  	1.1.1
			
		 	Market Stand-Off	  	17
			
		 	Market Stand-Off Period	  	17
			
		 	Merger/Sale	  	14.2
			
		 	Nonqualified Stock Options	  	1.2.4
			
		 	Plan	  	1.1
			
		 	Pool	  	5.1
			
		 	Prior Plans	  	5.2
			
		 	Recapitalization	  	14.1
			
		 	Required Holding Period	  	9.5
			
		 	Restricted Period	  	11.2
			
		 	Restricted Share Agreement	  	11
			
		 	Restricted Share Unit Agreement	  	12
			
		 	Restricted Shares	  	1.1
			
		 	RSUs	  	1.1
			
		 	Rules	  	1.2.1
			
		 	Securities	  	17.1
			
		 	Successor Corporation	  	14.2.1
			
		 	Withholding Obligations	  	18.5

  

	 	3.	 ADMINISTRATION. 

(a) To the extent permitted under Applicable Law, the Articles of Association and any other governing document of the Company, this Plan shall
be administered by the Committee. In the event that the Board does not appoint or establish a committee to administer this Plan, this Plan shall be administered by the Board, and, accordingly, any and all references herein to the Committee shall be
construed as references to the Board. In the event that an action necessary for the administration of this Plan is required under Applicable Law to be taken by the Board without the right of delegation, or if such action or power was explicitly
reserved by the Board in appointing, establishing and empowering the Committee, then such action shall be so taken by the Board. In any such event, all references herein to the Committee shall be construed as references to the Board. Even if such a
Committee was appointed or established, the Board may take any actions that are stated to be vested in the Committee, and shall not be restricted or limited from exercising all rights, powers and authorities under this Plan or Applicable Law. 

 (b) The Board shall appoint the members of the Committee, may from time to time remove
members from, or add members to, the Committee, and shall fill vacancies in the Committee, however caused, provided that the composition of the Committee shall at all times be in compliance with any mandatory requirements of Applicable Law, the
Articles of Association and any other governing document of the Company. The Committee may select one of its members as its Chairman and shall hold its meetings at such times and places as it shall determine. The Committee may appoint a Secretary,
who shall keep records of its meetings, and shall make such rules and regulations for the conduct of its business as it shall deem advisable and subject to mandatory requirements of Applicable Law. 

(c) Subject to the terms and conditions of this Plan, any mandatory provisions of Applicable Law and any provisions of any Company policy
required under mandatory provisions of Applicable Law, and in addition to the Committee’s powers contained elsewhere in this Plan, the Committee shall have full authority, in its discretion, from time to time and at any time, to determine any
of the following, or to recommend to the Board any of the following if it is not authorized to take such action according to Applicable Law: 

(i) eligible Grantees; 
 (ii)
grants of Awards and setting the terms and provisions of Award Agreements (which need not be identical) and any other agreements or instruments under which Awards are made, including the number of Shares underlying each Award and the class of Shares
underlying each Award (if more than one class was designated by the Board); 
 (iii) the time or times at which Awards shall be granted;

 (iv) the terms, conditions and restrictions applicable to each Award (which need not be identical) and any Shares acquired upon the
exercise or (if applicable) vesting thereof, including (1) designating Awards under Section 1.2; (2) the vesting schedule, the acceleration thereof and terms and conditions upon which Awards may be exercised or become vested, (3) the
Exercise Price, (4) the method of payment for Shares purchased upon the exercise or (if applicable) vesting of the Awards, (5) the method for satisfaction of any tax withholding obligation arising in connection with the Awards or such
Shares, including by the withholding or delivery of Shares, (6) the time of the expiration of the Awards, (7) the effect of the Grantee’s termination of employment with the Company or any of its Affiliates, and (8) all other
terms, conditions and restrictions applicable to the Award or the Shares not inconsistent with the terms of this Plan; 
 (v) to accelerate,
continue, extend or defer the exercisability of any Award or the vesting thereof, including with respect to the period following a Grantee’s termination of employment or other service; 

(vi) the interpretation of this Plan and any Award Agreement and the meaning, interpretation and applicability of terms referred to in
Applicable Law; 
 (vii) policies, guidelines, rules and regulations relating to and for carrying out this Plan, and any amendment,
supplement or rescission thereof, as it may deem appropriate; 

 (viii) to adopt supplements to, or alternative versions of, this Plan, including, without
limitation, as it deems necessary or desirable to comply with the laws of, or to accommodate the tax regime or custom of, foreign jurisdictions whose citizens or residents may be granted Awards; 

(ix) the Fair Market Value of the Shares or other securities, property or rights; 

(x) the tax track (capital gains, ordinary income track or any other track available under the Section 102 of the Ordinance) for the
purpose of 102 Awards; 
 (xi) the authorization and approval of conversion, substitution, cancellation or suspension under and in
accordance with this Plan of any or all Awards or Shares; 
 (xii) unless otherwise provided under the terms of this Plan, the amendment,
modification, waiver or supplement of the terms of any outstanding Award (including, without limitation, reducing the Exercise Price of an Award), provided, however, that if such amendments increases the Exercise Price of an Award or
reduces the number of Shares underlying an Award, then such amendments shall require the consent of the applicable Grantee, unless such amendment is made pursuant to the exercise of rights or authorities in accordance with Section 14; 

(xiii) without limiting the generality of the foregoing, and subject to the provisions of Applicable Law, to grant to a Grantee, who is the
holder of an outstanding Award, in exchange for the cancellation of such Award, a new Award having an Exercise Price lower than that provided in the Award so canceled and containing such other terms and conditions as the Committee may prescribe in
accordance with the provisions of this Plan or to set a new Exercise Price for the same Award lower than that previously provided in the Award; 

(xiv) to correct any defect, supply any omission or reconcile any inconsistency in this Plan or any Award Agreement and all other
determinations and take such other actions with respect to this Plan or any Award as it may deem advisable to the extent not inconsistent with the provisions of this Plan or Applicable Law; and 

(xv) any other matter which is necessary or desirable for, or incidental to, the administration of this Plan and any Award thereunder. 

(d) The authority granted hereunder includes the authority to modify Awards to eligible individuals who are foreign nationals or are
individuals who are employed outside Israel to recognize differences in local law, tax policy or custom, in order to effectuate the purposes of this Plan but without amending this Plan. 

(e) The Board and the Committee shall be free at all times to make such determinations and take such actions as they deem fit. The Board and
the Committee need not take the same action or determination with respect to all Awards, with respect to certain types of Awards, with respect to all Service Providers or any certain type of Service Providers and actions and determinations may
differ as among the Grantees, and as between the Grantees and any other holders of securities of the Company. 
 (f) All decisions,
determinations, and interpretations of the Committee, the Board and the Company under this Plan shall be final and binding on all Grantees (whether before or after the issuance of Shares pursuant to Awards), unless otherwise determined by the
Committee, the Board or the Company, respectively. The Committee shall have the authority (but not the obligation) to determine the interpretation and applicability of Applicable Law to any Grantee or any Awards. No member of the Committee or the
Board shall be liable to any Grantee for any action taken or determination made in good faith with respect to this Plan or any Award granted hereunder. 

 (g) Any officer or authorized signatory of the Company shall have the authority to act on
behalf of the Company with respect to any matter, right, obligation, determination or election which is the responsibility of or which is allocated to the Company herein, provided such person has apparent authority with respect to such matter,
right, obligation, determination or election. Such person or authorized signatory shall not be liable to any Grantee for any action taken or determination made in good faith with respect to this Plan or any Award granted hereunder. 

4. ELIGIBILITY. 
 Awards may be
granted to Service Providers of the Company or any Affiliate thereof, taking into account, at the Committee’s discretion and without an obligation to do so, the qualification under each tax regime pursuant to which such Awards are granted,
subject to the limitation on the granting of Incentive Stock Options set forth in Section 8.1. A person who has been granted an Award hereunder may be granted additional Awards, if the Committee shall so determine, subject to the limitations
herein. However, eligibility in accordance with this Section 4 shall not entitle any person to be granted an Award, or, having been granted an Award, to be granted an additional Award. 

Awards may differ in number of Shares covered thereby, the terms and conditions applying to them or on the Grantees or in any other respect (including, that
there should not be any expectation (and it is hereby disclaimed) that a certain treatment, interpretation or position granted to one shall be applied to the other, regardless of whether or not the facts or circumstances are the same or similar).

 5. SHARES. 

(a) The maximum aggregate number of Shares that may be issued pursuant to Awards under this Plan (the “Pool”) shall be the sum
of (i) 9,100,000 Shares plus (ii) (A) any shares subject to the pool authorized by the Board under the Company’s 2011 Share Option Plan, as amended (the “Prior Plan”) which remain free and unallocated as of the
Registration Date, and (B) any Shares subject to awards granted under the Prior Plan that, on or after the Registration Date, expire, or are cancelled, terminated, forfeited or settled in cash in lieu of issuance of Shares, for any reason,
without having been exercised, with the maximum number of Shares to be added to the Plan under this clause (ii) equal to 15,309,367 Shares (the “Prior Plan Shares”). 

(b) The number of Shares available for issuance under the Plan will be increased on January 1 of each calendar year beginning on
January 1, 2021 and ending on and including January 1, 2030 in an amount equal to the least of: (i) 9,100,000 Shares, (ii) 5% of the total number of Shares outstanding as of the last day of the immediately preceding calendar year on a
fully diluted basis, and (iii) an amount determined by the Board, if so determined prior to the January 1 of the calendar year in which the increase will occur; in all events subject to adjustment as provided in Section 14.1. 

Notwithstanding the foregoing, the total number of Shares that may be issued pursuant to Incentive Stock Options granted under this Plan shall be 100,000,000
plus the Prior Plan Shares. 
 The Board may, at its discretion, reduce the number of Shares that may be issued pursuant to Awards under this Plan, at any
time (provided that such reduction does not derogate from any issuance of Shares in respect Awards then outstanding). 
 (c) Any Shares
(i) if permitted by the Company, tendered to pay the Exercise Price of an Award (or the exercise price or other purchase price of any option or other award under the Prior Plan(s)), or 

 
withholding tax obligations with respect to an Award (or any awards under the Prior Plan(s)); or (ii) if permitted by the Company, subject to an Award (or any award under the Prior Plan(s))
that are not delivered to a Grantee because such Shares are withheld to pay the Exercise Price of such Award (or of any award under the Prior Plan(s)), or withholding tax obligations with respect to such Award (or such other award); shall
automatically, and without any further action on the part of the Company or any Grantee, again be available for grant of Awards and Shares issued upon exercise of (if applicable) vesting thereof for the purposes of this Plan (unless this Plan shall
have been terminated) or unless the Board determines otherwise. Such Shares may, in whole or in part, be authorized but unissued Shares, treasury shares (dormant shares) or Shares otherwise that shall have been or may be repurchased by the Company
(to the extent permitted pursuant to the Companies Law). 
 (d) Any Shares under the Pool that are not subject to outstanding or exercised
Awards at the termination of this Plan shall cease to be reserved for the purpose of this Plan. 
 (e) From and after the Registration Date,
no further grants or awards shall be made under the Prior Plan(s); however, Awards made under the Prior Plan(s) before the Registration Date shall continue in effect in accordance with their terms. 

 

	 	6.	 TERMS AND CONDITIONS OF AWARDS. 

Each Award granted pursuant to this Plan shall be evidenced by a written or electronic agreement between the Company and the Grantee or a written or electronic
notice delivered by the Company (the “Award Agreement”), in substantially such form or forms and containing such terms and conditions, as the Committee shall from time to time approve. The Award Agreement shall comply with and be subject
to the following general terms and conditions and the provisions of this Plan (except for any provisions applying to Awards under different tax regimes), unless otherwise specifically provided in such Award Agreement, or the terms referred to in
other Sections of this Plan applying to Awards under such applicable tax regimes, or terms prescribed by Applicable Law. Award Agreements need not be in the same form and may differ in the terms and conditions included therein. 

(a) Number of Shares. Each Award Agreement shall state the number of Shares covered by the Award. 

(b) Type of Award. Each Award Agreement may state the type of Award granted thereunder, provided that the tax treatment of any Award,
whether or not stated in the Award Agreement, shall be as determined in accordance with Applicable Law. 
 (c) Exercise Price. Each
Award Agreement shall state the Exercise Price, if applicable. Unless otherwise set forth in this Plan, an Exercise Price of an Award of less than the par value of the Shares (if shares bear a par value) shall comply with Section 304 of the
Companies Law. Subject to Sections 3, 7.2 and 8.2 and to the foregoing, the Committee may reduce the Exercise Price of any outstanding Award, on terms and subject to such conditions as it deems advisable. The Exercise Price shall also be subject to
adjustment as provided in Section 14 hereof. The Exercise Price of any outstanding Award granted to a Grantee who is subject to U.S. federal income tax shall be determined in accordance with Section 409A. 

(d) Manner of Exercise. 

(i) An Award may be exercised, as to any or all Shares as to which the Award has become exercisable, by written notice delivered in person or
by mail (or such other methods of delivery prescribed by the Company) to the Chief Financial Officer of the Company or to such other person as determined by the Committee, or in any other manner as the Committee shall prescribe from time to time,
specifying the number of Shares with respect to which the Award is being exercised (which may be equal 

 
to or lower than the aggregate number of Shares that have become exercisable at such time, subject to the last sentence of this Section), accompanied by payment of the aggregate Exercise Price
for such Shares in the manner specified in the following sentence. The Exercise Price shall be paid in full with respect to each Share, at the time of exercise, either in (i) cash, (ii) if the Company’s shares are listed for trading on any
securities exchange or over-the-counter market, and if the Committee so determines, all or part of the Exercise Price and any withholding taxes may be paid by the
delivery (on a form prescribed by the Company) of an irrevocable direction to a securities broker approved by the Company to sell Shares and to deliver all or part of the sales proceeds to the Company or the Trustee, (iii) if the Company’s
shares are listed for trading on any securities exchange or over-the-counter market, and if the Committee so determines, all or part of the Exercise Price and any
withholding taxes may be paid by the delivery (on a form prescribed by the Company) of an irrevocable direction to pledge Shares to a securities broker or lender approved by the Company, as security for a loan, and to deliver all or part of the loan
proceeds to the Company or the Trustee, (iv) in such other manner as the Committee shall determine, or (v) except with respect to Incentive Stock Options, Cashless Exercise Mechanism as described in Section 6.4.2 below. The
application of cashless exercise with respect to any 102 Awards shall be subject to obtaining a ruling from the ITA, to the extent required by applicable law. 

(ii) Unless otherwise determined by the Committee, except with respect to Incentive Stock Options, all Options shall be exercised using a
cashless exercise mechanism and the number of the Shares to be issued by the Company shall be calculated pursuant to the following formula (the “Cashless Exercise Mechanism”): 

X = Y * (A - B) 

A 
 Where: X = the number
of Shares to be issued to the Grantee. 
 Y = the number of Shares, as adjusted to the date of such calculation, underlying the number of
Options being exercised. 
 A= the Fair Market Value of one Share at the exercise date. 

B = the exercise price of each Option. 

Upon completion of the calculation, if X is a negative number, then X shall be deemed to be 0 (zero). 

(e) Term and Vesting of Awards. 

(i) Each Award Agreement shall provide the vesting schedule for the Award as determined by the Committee. The Committee shall
have the authority to determine the vesting schedule and accelerate the vesting of any outstanding Award at such time and under such circumstances as it, in its sole discretion, deems appropriate. Unless otherwise resolved by the Committee and
stated in the Award Agreement, and subject to Sections 6.6 and 6.7 hereof, Awards shall vest and become exercisable under the following schedule: twenty-five percent (25%) of the Shares covered by the Award, on the first anniversary of the vesting
commencement date determined by the Committee (and in the absence of such determination, of date on which such Award was granted), and six and one-quarter percent (6.25%) of the Shares covered by the Award

 
at the end of each subsequent three-month period thereafter over the course of the following three (3) years; provided that the Grantee remains continuously as a Service Provider of the
Company or its Affiliates throughout such vesting dates. 
 (ii) The Award Agreement may contain performance goals and
measurements (which, in case of 102 Trustee Awards, may, if then required, be subject to obtaining a specific tax ruling or determination from the ITA), and the provisions with respect to any Award need not be the same as the provisions with respect
to any other Award. Such performance goals may include, but are not limited to, sales, earnings before interest and taxes, return on investment, earnings per share, any combination of the foregoing or rate of growth of any of the foregoing, as
determined by the Committee. The Committee may adjust performance goals pursuant to Awards previously granted to take into account changes in law and accounting and tax rules and to make such adjustments as the Committee deems necessary or
appropriate to reflect the inclusion or the exclusion of the impact of extraordinary or unusual items, events or circumstances. 

(iii) The Exercise Period of an Award will be ten (10) years from the date of grant of the Award, unless otherwise
determined by the Committee and stated in the Award Agreement, but subject to the vesting provisions described above and the early termination provisions set forth in Sections 6.6 and 6.7 hereof. At the expiration of the Exercise Period, any Award,
or any part thereof, that has not been exercised within the term of the Award and the Shares covered thereby not paid for in accordance with this Plan and the Award Agreement shall terminate and become null and void, and all interests and rights of
the Grantee in and to the same shall expire. 
 (f) Termination. 

(i) Unless otherwise determined by the Committee, and subject to Section 6.7 hereof, an Award may not be exercised unless
the Grantee is then a Service Provider of the Company or an Affiliate thereof or, in the case of an Incentive Stock Option, an employee of a company or a parent or subsidiary company of such company issuing or assuming the Option in a transaction to
which Section 424(a) of the Code applies, and unless the Grantee has remained continuously so employed since the date of grant of the Award and throughout the vesting dates. 

(ii) In the event that the employment or service of a Grantee shall terminate (other than by reason of death, Disability or
Retirement), all Awards of such Grantee that are unvested at the time of such termination shall terminate on the date of such termination, and all Awards of such Grantee that are vested and exercisable at the time of such termination may be
exercised within up to three (3) months after the date of such termination (or such different period as the Committee shall prescribe), but in any event no later than the date of expiration of the Award’s term as set forth in the Award
Agreement or pursuant to this Plan; provided, however, that if the Company (or the Subsidiary or Affiliate, when applicable) shall terminate the Grantee’s employment or service for Cause (as defined below) (whether occurring prior to or after
termination of employment or service), all Awards theretofore granted to such Grantee (whether vested or not) shall terminate, unless otherwise determined by the Committee.  

(iii) Notwithstanding anything to the contrary, the Committee, in its absolute discretion, may, on such terms and conditions as
it may determine appropriate, extend the periods for which Awards held by any Grantee may continue to vest and be exercisable; it being clarified that such Awards may lose their entitlement to certain tax benefits under Applicable Law (including,
without limitation, qualification of an Award as an Incentive Stock Option) as a result of the modification of such Awards and/or in the event that the Award is exercised beyond the later of: 

 
(i) three (3) months after the date of termination of the employment or service relationship; or (ii) the applicable period under Section 6.7 below with respect to a termination of
the employment or service relationship because of the death, Disability or Retirement of Grantee. 
 (iv) For purposes of
this Plan: 
 (1) A termination of employment or service of a Grantee shall not be deemed to occur (except to the extent
required by the Code with respect to the Incentive Stock Option status of an Option) in case of (i) a transition or transfer of a Grantee among the Company and its Affiliates, (ii) a change in the capacity in which the Grantee is employed
or renders service to the Company or any of its Affiliates or a change in the identity of the employing or engagement entity among the Company and its Affiliates, provided, in case of the foregoing clauses (i) and (ii) above, that the Grantee
has remained continuously employed by and/or in the service of the Company and its Affiliates since the date of grant of the Award and throughout the vesting period; or (iii) if the Grantee takes any unpaid leave as set forth in
Section 6.8. 
 (2) An entity or an Affiliate thereof assuming an Award or issuing in substitution thereof in a
transaction to which Section 424(a) of the Code applies or in a Merger/Sale in accordance with Section 14 shall be deemed as an Affiliate of the Company for purposes of this Section 6.6, unless the Committee determines otherwise. 

(3) In the case of a Grantee whose principal employer or service recipient is a Subsidiary or Affiliate, the Grantee’s
employment shall also be deemed terminated for purposes of this Section 6.6 as of the date on which such principal employer or service recipient ceases to be a Subsidiary or Affiliate. 

(4) The term “Cause” shall mean (irrespective of, and in addition to, any definition included in any other
agreement or instrument applicable to the Grantee, and unless otherwise determined by the Committee) any of the following: (i) any theft, fraud, embezzlement, dishonesty, willful misconduct, breach of fiduciary duty for personal profit,
falsification of any documents or records of the Company or any of its Affiliates, felony or similar act by the Grantee (whether or not related to the Grantee’s relationship with the Company); (ii) an act of moral turpitude by the Grantee, or
any act that causes significant injury to, or is otherwise adversely affecting, the reputation, business, assets, operations or business relationship of the Company (or a Subsidiary or Affiliate, when applicable); (iii) any breach by the Grantee of
any material agreement with or of any material duty of the Grantee to the Company or any Subsidiary or Affiliate thereof (including breach of confidentiality, non-disclosure,
non-use, non-competition or non-solicitation covenants towards the Company or any of its Affiliates) or failure to abide by code
of conduct or other policies (including, without limitation, policies relating to confidentiality and reasonable workplace conduct); (iv) any act which constitutes a breach of a Grantee’s fiduciary duty towards the Company or an Affiliate or
Subsidiary, including disclosure of confidential or proprietary information thereof or acceptance or solicitation to receive unauthorized or undisclosed benefits, irrespective of their nature, or funds, or promises to receive either, from
individuals, consultants or corporate entities that the Company or a Subsidiary does business with; (v) the Grantee’s unauthorized use, misappropriation, destruction, or diversion of any tangible or intangible asset or corporate
opportunity of the Company or any of its Affiliates (including, without limitation, the improper use or disclosure of confidential or proprietary information); or (vi) any circumstances that constitute grounds for termination for cause under
the Grantee’s employment or service agreement with the Company or Affiliate, to the extent applicable. For the avoidance of doubt, the determination as to whether a termination is for Cause for purposes of this Plan, shall be made in good faith
by the Committee and shall be final and binding on the Grantee. 

 (g) Death, Disability or Retirement of Grantee. 

(i) If a Grantee shall die while employed by, or performing service for, the Company or its Affiliates, or within the three
(3) month period (or such longer period of time as determined by the Board, in its discretion) after the date of termination of such Grantee’s employment or service (or within such different period as the Committee may have provided
pursuant to Section 6.6 hereof), or if the Grantee’s employment or service shall terminate by reason of Disability, all Awards theretofore granted to such Grantee may (to the extent otherwise vested and exercisable and unless earlier
terminated in accordance with their terms) be exercised by the Grantee or by the Grantee’s estate or by a person who acquired the legal right to exercise such Awards by bequest or inheritance, or by a person who acquired the legal right to
exercise such Awards in accordance with applicable law in the case of Disability of the Grantee, as the case may be, at any time within one (1) year (or such longer period of time as determined by the Committee, in its discretion) after the
death or Disability of the Grantee (or such different period as the Committee shall prescribe), but in any event no later than the date of expiration of the Award’s term as set forth in the Award Agreement or pursuant to this Plan. In the event
that an Award granted hereunder shall be exercised as set forth above by any person other than the Grantee, written notice of such exercise shall be accompanied by a certified copy of letters testamentary or proof satisfactory to the Committee of
the right of such person to exercise such Award. 
 (ii) In the event that the employment or service of a Grantee shall
terminate on account of such Grantee’s Retirement, all Awards of such Grantee that are exercisable at the time of such Retirement may, unless earlier terminated in accordance with their terms, be exercised at any time within the three
(3) month period after the date of such Retirement (or such different period as the Committee shall prescribe). 
 (h) Suspension of
Vesting. Unless the Committee provides otherwise, vesting of Awards granted hereunder shall be suspended during any unpaid leave of absence, other than in the case of any (i) leave of absence which was
pre-approved by the Company explicitly for purposes of continuing the vesting of Awards, or (ii) transfers between locations of the Company or any of its Affiliates, or between the Company and any of its
Affiliates, or any respective successor thereof. For clarity, for purposes of this Plan, military leave, statutory maternity or paternity leave or sick leave are not deemed unpaid leave of absence. 

(i) Securities Law Restrictions. Except as otherwise provided in the applicable Award Agreement or other agreement between the Service
Provider and the Company, if the exercise of an Award following the termination of the Service Provider’s employment or service (other than for Cause) would be prohibited at any time solely because the issuance of Shares would violate the
registration requirements under the Securities Act or equivalent requirements under equivalent laws of other applicable jurisdictions, then the Award shall remain exercisable and terminate on the earlier of (i) the expiration of a period of
three (3) months (or such longer period of time as determined by the Board, in its discretion) after the termination of the Service Provider’s employment or service during which the exercise of the Award would not be in such
violation, or (ii) the expiration of the term of the Award as set forth in the Award Agreement or pursuant to this Plan. In addition, unless otherwise provided in a Grantee’s Award Agreement, if the sale of any Shares received upon
exercise or (if applicable) vesting of an Award following the termination of the Grantee’s employment or service (other than for Cause) would 

 
violate the Company’s insider trading policy, then the Award shall terminate on the earlier of (i) the expiration of a period equal to the applicable post-termination exercise period
after the termination of the Grantee’s employment or service during which the exercise of the Award would not be in violation of the Company’s insider trading policy, or (ii) the expiration of the term of the Award as set forth in the
applicable Award Agreement or pursuant to this Plan. 
 (j) Other Provisions. The Award Agreement evidencing Awards under this Plan
shall contain such other terms and conditions not inconsistent with this Plan as the Committee may determine, at or after the date of grant, including provisions in connection with the restrictions on transferring the Awards or Shares covered by
such Awards, which shall be binding upon the Grantees and any purchaser, assignee or transferee of any Awards, and other terms and conditions as the Committee shall deem appropriate. 

 

	 	7.	 NONQUALIFIED STOCK OPTIONS. 

Awards granted pursuant to this Section 7 are intended to constitute Nonqualified Stock Options and shall be subject to the general terms and conditions
specified in Section 6 hereof and other provisions of this Plan, except for any provisions of this Plan applying to Awards under different tax laws or regulations. In the event of any inconsistency or contradictions between the provisions of
this Section 7 and the other terms of this Plan, this Section 7 shall prevail. However, if for any reason the Awards granted pursuant to this Section 7 (or portion thereof) does not qualify as an Incentive Stock Option, then, to the
extent of such non-qualification, such Option (or portion thereof) shall be regarded as a Nonqualified Stock Option granted under this Plan. In no event will the Board, the Company or any Parent or Subsidiary
or any of their respective employees or directors have any liability to Participant (or any other person) due to the failure of the Option to qualify for any reason as an Incentive Stock Option. 

(a) Certain Limitations on Eligibility for Nonqualified Stock Options. Nonqualified Stock Options may not be granted to a Service
Provider who is deemed to be a resident of the United States for purposes of taxation or who is otherwise subject to United States federal income tax unless the Shares underlying such Options constitute “service recipient stock” under
Section 409A or unless such Options comply with the payment requirements of Section 409A. 
 (b) Exercise Price. The
Exercise Price of a Nonqualified Stock Option shall not be less than 100% of the Fair Market Value of a Share on the date of grant of such Option unless the Committee specifically indicates that the Awards will have a lower Exercise Price and the
Award complies with Section 409A. Notwithstanding the foregoing, a Nonqualified Stock Option may be granted with an exercise price lower than the minimum exercise price set forth above if such Award is granted pursuant to an assumption or
substitution for another option in a manner qualifying under the provisions of that complies with Section 424(a) of the Code or 1.409A-1(b)(5)(v)(D) of the U.S. Treasury Regulations or any successor
guidance. 
  

	 	8.	 INCENTIVE STOCK OPTIONS. 

Awards granted pursuant to this Section 8 are intended to constitute Incentive Stock Options and shall be granted subject to the following special terms
and conditions, the general terms and conditions specified in Section 6 hereof and other provisions of this Plan, except for any provisions of this Plan applying to Awards under different tax laws or regulations. In the event of any
inconsistency or contradictions between the provisions of this Section 8 and the other terms of this Plan, this Section 8 shall prevail. 

(a) Eligibility for Incentive Stock Options. Incentive Stock Options may be granted only to Employees of the Company, or to Employees
of a Parent or Subsidiary, determined as of the date of grant of such Options. An Incentive Stock Option granted to a prospective Employee upon the condition that such person become an Employee shall be deemed granted effective on the date such
person commences employment, with an exercise price determined as of such date in accordance with Section 8.2. 

 (b) Exercise Price. The Exercise Price of an Incentive Stock Option shall not be less
than one hundred percent (100%) of the Fair Market Value of the Shares covered by the Awards on the date of grant of such Option or such other price as may be determined pursuant to the Code. Notwithstanding the foregoing, an Incentive Stock Option
may be granted with an exercise price lower than the minimum exercise price set forth above if such Award is granted pursuant to an assumption or substitution for another option in a manner that complies with the provisions of Section 424(a) of
the Code. 
 (c) Date of Grant. Notwithstanding any other provision of this Plan to the contrary, no Incentive Stock Option may be
granted under this Plan after 10 years from the date this Plan is adopted, or the date this Plan is approved by the shareholders, whichever is earlier. 

(d) Exercise Period. No Incentive Stock Option shall be exercisable after the expiration of ten (10) years after the effective
date of grant of such Award, subject to Section 8.6. No Incentive Stock Option granted to a prospective Employee may become exercisable prior to the date on which such person commences employment. 

(e) $100,000 Per Year Limitation. The aggregate Fair Market Value (determined as of the date the Incentive Stock Option
is granted) of the Shares with respect to which all Incentive Stock Options granted under this Plan and all other “incentive stock option” plans of the Company, or of any Parent or Subsidiary, become exercisable for the first time by each
Grantee during any calendar year shall not exceed one hundred thousand United States dollars ($100,000) with respect to such Grantee. To the extent that the aggregate Fair Market Value of Shares with respect to which such Incentive Stock Options and
any other such incentive stock options are exercisable for the first time by any Grantee during any calendar year exceeds one hundred thousand United States dollars ($100,000), such options shall be treated as Nonqualified Stock Options. The
foregoing shall be applied by taking options into account in the order in which they were granted. If the Code is amended to provide for a different limitation from that set forth in this Section 8.5, such different limitation shall be deemed
incorporated herein effective as of the date and with respect to such Awards as required or permitted by such amendment to the Code. If an Option is treated as an Incentive Stock Option in part and as a Nonqualified Stock Option in part by reason of
the limitation set forth in this Section 8.5, the Grantee may designate which portion of such Option the Grantee is exercising. In the absence of such designation, the Grantee shall be deemed to have exercised the Incentive Stock Option portion
of the Option first. Separate certificates representing each such portion may be issued upon the exercise of the Option. 
 (f) Ten
Percent Shareholder. In the case of an Incentive Stock Option granted to a Ten Percent Shareholder, notwithstanding the foregoing provisions of this Section 8.6, (i) the Exercise Price shall not be less than one hundred and ten percent
(110%) of the Fair Market Value of a Share on the date of grant of such Incentive Stock Option, and (ii) the Exercise Period shall not exceed five (5) years from the effective date of grant of such Incentive Stock Option. 

(g) Payment of Exercise Price. Each Award Agreement evidencing an Incentive Stock Option shall state each alternative method by which
the Exercise Price thereof may be paid. 
 (h) Leave of Absence. Notwithstanding Section 6.8, a Grantee’s employment shall
not be deemed to have terminated if the Grantee takes any leave as set forth in Section 6.8(i); provided, however, that if any such leave exceeds three (3) months, on the day that is three (3) months following the commencement of such
leave any Incentive Stock Option held by the Grantee shall cease to be treated as an Incentive Stock Option and instead shall be treated thereafter as a Nonqualified Stock Option, unless the Grantee’s right to return to employment is guaranteed
by statute or contract. 

 (i) Exercise Following Termination for Disability. Notwithstanding anything else in
this Plan to the contrary, Incentive Stock Options that are not exercised within three (3) months following termination of the Grantee’s employment with the Company or its Parent or Subsidiary or a corporation or a Parent or Subsidiary of
such corporation issuing or assuming an Option in a transaction to which Section 424(a) of the Code applies, or within one year in case of termination of the Grantee’s employment with the Company or its Parent or Subsidiary due to a
Disability (within the meaning of Section 22(e)(3) of the Code), shall be deemed to be Nonqualified Stock Options. 
 (j)
Adjustments to Incentive Stock Options. Any Awards Agreement providing for the grant of Incentive Stock Options shall indicate that adjustments made pursuant to this Plan with respect to Incentive Stock Options could constitute a
“modification” of such Incentive Stock Options (as that term is defined in Section 424(h) of the Code) or could cause adverse tax consequences for the holder of such Incentive Stock Options and that the holder should consult with his
or her tax advisor regarding the consequences of such “modification” on his or her income tax treatment with respect to the Incentive Stock Option. 

(k) Notice to Company of Disqualifying Disposition. Each Grantee who receives an Incentive Stock Option must agree to notify the
Company in writing immediately after the Grantee makes a Disqualifying Disposition of any Shares received pursuant to the exercise of Incentive Stock Options. A “Disqualifying Disposition” is any disposition (including any sale) of such
Shares before the later of (i) two years after the date the Grantee was granted the Incentive Stock Option, or (ii) one year after the date the Grantee acquired Shares by exercising the Incentive Stock Option. If the Grantee dies before
such Shares are sold, these holding period requirements do not apply and no disposition of the Shares will be deemed a Disqualifying Disposition. 
  

	 	9.	 102 AWARDS. 

Awards granted pursuant to this Section 9 are intended to constitute 102 Awards and shall be granted subject to the following special terms and
conditions, the general terms and conditions specified in Section 6 hereof and other provisions of this Plan, except for any provisions of this Plan applying to Awards under different tax laws or regulations. In the event of any inconsistency
or contradictions between the provisions of this Section 9 and the other terms of this Plan, this Section 9 shall prevail. 
 (a)
Tracks. Awards granted pursuant to this Section 9 are intended to be granted pursuant to Section 102 of the Ordinance pursuant to either (i) Section 102(b)(2) or (3) thereof (as applicable), under the
capital gain track (“102 Capital Gain Track Awards”), or (ii) Section 102(b)(1) thereof under the ordinary income track (“102 Ordinary Income Track Awards”, and together with 102 Capital Gain Track Awards,
“102 Trustee Awards”). 102 Trustee Awards shall be granted subject to the special terms and conditions contained in this Section 9, the general terms and conditions specified in Section 6 hereof and other provisions of
this Plan, except for any provisions of this Plan applying to Options under different tax laws or regulations. 
 (b) Election of
Track. Subject to Applicable Law, the Company may grant only one type of 102 Trustee Awards at any given time to all Grantees who are to be granted 102 Trustee Awards pursuant to this Plan, and shall file an election with the ITA regarding the
type of 102 Trustee Awards it elects to grant before the date of grant of any 102 Trustee Awards (the “Election”). Such Election shall also apply to any other securities, including bonus shares, received by any Grantee as a result
of holding the 102 Trustee 

 
Awards. The Company may change the type of 102 Trustee Awards that it elects to grant only after the expiration of at least 12 months from the end of the year in which the first grant was made in
accordance with the previous Election, or as otherwise provided by Applicable Law. Any Election shall not prevent the Company from granting Awards, pursuant to Section 102(c) of the Ordinance without a Trustee (“102 Non-Trustee Awards”). 
 (c) Eligibility for Awards. 

(i) Subject to Applicable Law, 102 Awards may only be granted to an “employee” within the meaning of
Section 102(a) of the Ordinance (which as of the date of the adoption of this Plan means (i) individuals employed by an Israeli company being the Company or any of its Affiliates, and (ii) individuals who are serving and are engaged
personally (and not through an entity) as “office holders” by such an Israeli company), but may not be granted to a Controlling Shareholder (“Eligible 102 Grantees”). Eligible 102 Grantees may receive only 102 Awards,
which may either be granted to a Trustee or granted under Section 102 of the Ordinance without a Trustee. 
 (d) 102 Award Grant
Date. 
 (i) Each 102 Award will be deemed granted on the date determined by the Committee, subject to
Section 9.4.2, provided that (i) the Grantee has signed all documents required by the Company or pursuant to Applicable Law, and (ii) with respect to 102 Trustee Award, the Company has provided all applicable documents to the Trustee
in accordance with the guidelines published by the ITA, and if an agreement is not signed and delivered by the Grantee within 90 days from the date determined by the Committee (subject to Section 9.4.2), then such 102 Trustee Award shall be
deemed granted on such later date as such agreement is signed and delivered and on which the Company has provided all applicable documents to the Trustee in accordance with the guidelines published by the ITA. In the case of any contradiction, this
provision and the date of grant determined pursuant hereto shall supersede and be deemed to amend any date of grant indicated in any corporate resolution or Award Agreement. 

(ii) Unless otherwise permitted by the Ordinance, any grants of 102 Trustee Awards that are made on or after the date of the
adoption of this Plan or an amendment to this Plan, as the case may be, that may become effective only at the expiration of thirty (30) days after the filing of this Plan or any amendment thereof (as the case may be) with the ITA in accordance
with the Ordinance shall be conditional upon the expiration of such 30-day period, such condition shall be read and is incorporated by reference into any corporate resolutions approving such grants and into
any Award Agreement evidencing such grants (whether or not explicitly referring to such condition), and the date of grant shall be at the expiration of such 30-day period, whether or not the date of grant
indicated therein corresponds with this Section. In the case of any contradiction, this provision and the date of grant determined pursuant hereto shall supersede and be deemed to amend any date of grant indicated in any corporate resolution or
Award Agreement. 
 (e) 102 Trustee Awards. 

(i) Each 102 Trustee Award, each Share issued pursuant to the exercise of any 102 Trustee Award, and any rights granted
thereunder, including bonus shares, shall be issued to and registered in the name of the Trustee and shall be held in trust for the benefit of the Grantee for the requisite period prescribed by the Ordinance (the “Required Holding
Period”). In the event that the requirements under Section 102 of the Ordinance to qualify an Award as a 102 Trustee Award are not met, then the Award may be treated as a 102 Non-Trustee Award or
3(i) Award, all in accordance 

 
with the provisions of the Ordinance. After expiration of the Required Holding Period, the Trustee may release such 102 Trustee Awards and any such Shares, provided that (i) the Trustee has
received an acknowledgment from the ITA that the Grantee has paid any applicable taxes due pursuant to the Ordinance, or (ii) the Trustee and/or the Company and/or Employer withholds all applicable taxes and compulsory payments due pursuant to
the Ordinance arising from the 102 Trustee Awards and/or any Shares issued upon exercise or (if applicable) vesting of such 102 Trustee Awards. The Trustee shall not release any 102 Trustee Awards or Shares issued upon exercise or (if applicable)
vesting thereof prior to the payment in full of the Grantee’s tax and compulsory payments arising from such 102 Trustee Awards and/or Shares or the withholding referred to in (ii) above. 

(ii) Each 102 Trustee Award shall be subject to the relevant terms of the Ordinance, the Rules and any determinations, rulings
or approvals issued by the ITA, which shall be deemed an integral part of the 102 Trustee Awards and shall prevail over any term contained in this Plan or Award Agreement that is not consistent therewith. Any provision of the Ordinance, the Rules
and any determinations, rulings or approvals by the ITA not expressly specified in this Plan or Award Agreement that are necessary to receive or maintain any tax benefit pursuant to Section 102 of the Ordinance shall be binding on the Grantee.
Any Grantee granted a 102 Trustee Awards shall comply with the Ordinance and the terms and conditions of the trust agreement entered into between the Company and the Trustee. The Grantee shall execute any and all documents that the Company and/or
its Affiliates and/or the Trustee determine from time to time to be necessary in order to comply with the Ordinance and the Rules. 

(iii) During the Required Holding Period, the Grantee shall not release from trust or sell, assign, transfer or give as
collateral, the Shares issuable upon the exercise or (if applicable) vesting of a 102 Trustee Awards and/or any securities issued or distributed with respect thereto, until the expiration of the Required Holding Period. Notwithstanding the above, if
any such sale, release or other action occurs during the Required Holding Period it may result in adverse tax consequences to the Grantee under Section 102 of the Ordinance and the Rules, which shall apply to and shall be borne solely by such
Grantee. Subject to the foregoing, the Trustee may, pursuant to a written request from the Grantee, but subject to the terms of this Plan, release and transfer such Shares to a designated third party, provided that both of the following conditions
have been fulfilled prior to such release or transfer: (i) payment has been made to the ITA of all taxes and compulsory payments required to be paid upon the release and transfer of the Shares, and confirmation of such payment has been received
by the Trustee and the Company, and (ii) the Trustee has received written confirmation from the Company that all requirements for such release and transfer have been fulfilled according to the terms of the Company’s corporate documents,
any agreement governing the Shares, this Plan, the Award Agreement and any Applicable Law. 
 (iv) If a 102 Trustee Award is
exercised or (if applicable) vested, the Shares issued upon such exercise or (if applicable) vesting shall be issued in the name of the Trustee for the benefit of the Grantee. 

(v) Upon or after receipt of a 102 Trustee Award, if required, the Grantee may be required to sign an undertaking to release
the Trustee from any liability with respect to any action or decision duly taken and executed in good faith by the Trustee in relation to this Plan, or any 102 Trustee Awards or Share granted to such Grantee thereunder. 

(f) 102 Non-Trustee Awards. The foregoing provisions of this Section 9 relating to 102
Trustee Awards shall not apply with respect to 102 Non-Trustee Awards, which shall, however, be subject to the 

 
relevant provisions of Section 102 of the Ordinance and the applicable Rules. The Committee may determine that 102 Non-Trustee Awards, the Shares
issuable upon the exercise or (if applicable) vesting of a 102 Non-Trustee Awards and/or any securities issued or distributed with respect thereto, shall be allocated or issued to the Trustee, who shall hold
such 102 Non-Trustee Awards and all accrued rights thereon (if any), in trust for the benefit of the Grantee and/or the Company, as the case may be, until the full payment of tax arising from the 102 Non-Trustee Awards, the Shares issuable upon the exercise or (if applicable) vesting of a 102 Non-Trustee Awards and/or any securities issued or distributed with respect
thereto. The Company may choose, alternatively, to force the Grantee to provide it with a guarantee or other security, to the satisfaction of each of the Trustee and the Company, until the full payment of the applicable taxes. 

(g) Written Grantee Undertaking. To the extent and with respect to any 102 Trustee Award, and as required by Section 102 of the
Ordinance and the Rules, by virtue of the receipt of such Award, the Grantee is deemed to have provided, undertaken and confirm the following written undertaking (and such undertaking is deemed incorporated into any documents signed by the Grantee
in connection with the employment or service of the Grantee and/or the grant of such Award), and which written undertaking shall be deemed to apply and relate to all 102 Trustee Awards granted to the Grantee, whether under this Plan or other plans
maintained by the Company, and whether prior to or after the date hereof. 
 (i) The Grantee shall comply with all terms and
conditions set forth in Section 102 of the Ordinance with regard to the “Capital Gain Track” or the “Ordinary Income Track”, as applicable, and the applicable rules and regulations promulgated thereunder, as amended from
time to time; 
 (ii) The Grantee is familiar with, and understands the provisions of, Section 102 of the Ordinance in
general, and the tax arrangement under the “Capital Gain Track” or the “Ordinary Income Track” in particular, and its tax consequences; the Grantee agrees that the 102 Trustee Awards and Shares that may be issued upon exercise or
(if applicable) vesting of the 102 Trustee Awards (or otherwise in relation to the 102 Trustee Awards), will be held by the Trustee appointed pursuant to Section 102 of the Ordinance for at least the duration of the “Holding Period”
(as such term is defined in Section 102) under the “Capital Gain Track” or the “Ordinary Income Track”, as applicable. The Grantee understands that any release of such 102 Trustee Awards or Shares from trust, or any sale of
the Share prior to the termination of the Holding Period, as defined above, will result in taxation at marginal tax rate, in addition to deductions of appropriate social security, health tax contributions or other compulsory payments; and 

(iii) The Grantee agrees to the Trust Agreement signed between the Company, the Employer and the Trustee appointed pursuant to
Section 102 of the Ordinance. 
  

	 	10.	 3(i) AWARDS. 

Awards granted pursuant to this Section 10 are intended to constitute 3(i) Awards and shall be granted subject to the general terms and conditions
specified in Section 6 hereof and other provisions of this Plan, except for any provisions of this Plan applying to Awards under different tax laws or regulations. In the event of any inconsistency or contradictions between the provisions of
this Section 10 and the other terms of this Plan, this Section 10 shall prevail. 
 (a) To the extent required by the Ordinance or
the ITA or otherwise deemed by the Committee to be advisable, the 3(i) Awards and/or any shares or other securities issued or distributed with respect thereto granted pursuant to this Plan shall be issued to a Trustee nominated by the Committee in

 
accordance with the provisions of the Ordinance. In such event, the Trustee shall hold such Awards and/or any shares or other securities issued or distributed with respect thereto in trust, until
exercised or (if applicable) vested by the Grantee and the full payment of tax arising therefrom, pursuant to the Company’s instructions from time to time as set forth in a trust agreement, which will have been entered into between the Company
and the Trustee. If determined by the Board or the Committee, and subject to such Trust Agreement, the Trustee shall be responsible for withholding any taxes to which a Grantee may become liable upon issuance of Shares, whether due to the exercise
or (if applicable) vesting of Awards. 
 (b) Shares pursuant to a 3(i) Award shall not be issued, unless the Grantee delivers to the Company
payment in cash or by bank check or such other form acceptable to the Committee of all withholding taxes due, if any, on account of the Grantee acquired Shares under the Award or gives other assurance satisfactory to the Committee of the payment of
those withholding taxes. 
  

	 	11.	 RESTRICTED SHARES. 

The Committee may award Restricted Shares to any eligible Grantee, including under Section 102 of the Ordinance. Each Award of Restricted Shares under
this Plan shall be evidenced by a written agreement between the Company and the Grantee (the “Restricted Share Agreement”), in such form as the Committee shall from time to time approve. The Restricted Shares shall be subject to all
applicable terms of this Plan, which in the case of Restricted Shares granted under Section 102 of the Ordinance shall include Section 9 hereof, and may be subject to any other terms that are not inconsistent with this Plan. The provisions
of the various Restricted Shares Agreements entered into under this Plan need not be identical. The Restricted Share Agreement shall comply with and be subject to Section 6 and the following terms and conditions, unless otherwise specifically
provided in such Agreement and not inconsistent with this Plan, or Applicable Law: 
 (a) Purchase Price. Section 6.4 shall not
apply. Each Restricted Share Agreement shall state an amount of Exercise Price to be paid by the Grantee, if any, in consideration for the issuance of the Restricted Shares and the terms of payment thereof, which may include payment in cash or,
subject to the Committee’s approval, by issuance of promissory notes or other evidence of indebtedness on such terms and conditions as determined by the Committee. 

(b) Restrictions. Restricted Shares may not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of, except by
will or the laws of descent and distribution (in which case they shall be transferred subject to all restrictions then or thereafter applicable thereto), until such Restricted Shares shall have vested (the period from the date on which the Award is
granted until the date of vesting of the Restricted Share thereunder being referred to herein as the “Restricted Period”). The Committee may also impose such additional or alternative restrictions and conditions on the Restricted
Shares, as it deems appropriate, including the satisfaction of performance criteria (which, in case of 102 Trustee Awards, may be subject to obtaining a specific tax ruling or determination from the ITA). Such performance criteria may include, but
are not limited to, sales, earnings before interest and taxes, return on investment, earnings per share, any combination of the foregoing or rate of growth of any of the foregoing, as determined by the Committee or pursuant to the provisions of any
Company policy required under mandatory provisions of Applicable Law. Certificates for shares issued pursuant to Restricted Share Awards, if issued, shall bear an appropriate legend referring to such restrictions, and any attempt to dispose of any
such shares in contravention of such restrictions shall be null and void and without effect. Such certificates may, if so determined by the Committee, be held in escrow by an escrow agent appointed by the Committee, or, if a Restricted Share Award
is made pursuant to Section 102 of the Ordinance, by 

 
the Trustee. In determining the Restricted Period of an Award the Committee may provide that the foregoing restrictions shall lapse with respect to specified percentages of the awarded Restricted
Shares on successive anniversaries of the date of such Award. To the extent required by the Ordinance or the ITA, the Restricted Shares issued pursuant to Section 102 of the Ordinance shall be issued to the Trustee in accordance with the
provisions of the Ordinance and the Restricted Shares shall be held for the benefit of the Grantee for at least the Required Holding Period. 

(c) Forfeiture; Repurchase. Subject to such exceptions as may be determined by the Committee, if the Grantee’s continuous
employment with or service to the Company or any Affiliate thereof shall terminate for any reason prior to the expiration of the Restricted Period of an Award or prior to the timely payment in full of the Exercise Price of any Restricted Shares, any
Shares remaining subject to vesting or with respect to which the purchase price has not been paid in full, shall thereupon be forfeited, transferred to, and redeemed, repurchased or cancelled by, as the case may be, in any manner as set forth in
Section 6.6.2(i) through (v), subject to Applicable Law and the Grantee shall have no further rights with respect to such Restricted Shares. 

(d) Ownership. During the Restricted Period the Grantee shall possess all incidents of ownership of such Restricted Shares, subject to
Section 6.10 and Section 11.2, including the right to vote and receive dividends with respect to such Shares. All securities, if any, received by a Grantee with respect to Restricted Shares as a result of any stock split, stock dividend,
combination of shares, or other similar transaction shall be subject to the restrictions applicable to the original Award. 
  

	 	12.	 RESTRICTED SHARE UNITS. 

An RSU is an Award covering a number of Shares that is settled, if vested and (if applicable) exercised, by issuance of those Shares, and except with respect
to 102 Capital Gains Track Awards also by cash, or a combination Shares and cash, as determined by the Committee in its sole discretion. An RSU may be awarded to any eligible Grantee, including under Section 102 of the Ordinance. The Award
Agreement relating to the grant of RSUs under this Plan (the “Restricted Share Unit Agreement”), shall be in such form as the Committee shall from time to time approve. The RSUs shall be subject to all applicable terms of this Plan,
which in the case of RSUs granted under Section 102 of the Ordinance shall include Section 9 hereof, and may be subject to any other terms that are not inconsistent with this Plan. The provisions of the various Restricted Share Unit
Agreements entered into under this Plan need not be identical. RSUs may be granted in consideration of a reduction in the recipient’s other compensation. 

(a) Exercise Price. No payment of Exercise Price shall be required as consideration for RSUs, unless included in the Award Agreement or
as required by Applicable Law (including, Section 304 of the Companies Law), and Section 6.4 shall apply, if applicable. 
 (b)
Settlements of Awards. Settlement of vested RSUs shall be made in the form of Shares, and except with respect to 102 Capital Gains Track Awards also in the form of cash or a combination of Shares and cash (in case of 102 Trustee Awards, the
settlement shall be made in the form of shares only). Distribution to a Grantee of an amount (or amounts) from settlement of vested RSUs can be deferred to a date after settlement as determined by the Committee. The amount of a deferred distribution
may be increased by an interest factor or by dividend equivalents. Until the grant of RSUs is settled, the number of Shares underlying such RSUs shall be subject to adjustment pursuant hereto. 

(c) Section 409A Restrictions. Notwithstanding anything to the contrary set forth herein, any RSUs granted under
this Plan that are not exempt from the requirements of Section 409A shall contain such restrictions or other provisions so that such RSUs will comply with the requirements of Section 409A, 

 
if applicable to the Company. Such restrictions, if any, shall be determined by the Committee and contained in the Restricted Share Unit Agreement evidencing such RSU. For example, such
restrictions may include a requirement that any Shares that are to be issued in a year following the year in which the RSU vests must be issued in accordance with a fixed, pre-determined schedule. 

 

	 	13.	 OTHER SHARE OR SHARE-BASED AWARDS. 

(a) The Committee may grant other Awards under this Plan pursuant to which Shares (which may, but need not, be Restricted Shares pursuant to
Section 11 hereof), cash (in settlement of Share-based Awards) or a combination thereof, are or may in the future be acquired or received, or Awards denominated in stock units, including units valued on the basis of measures other than market
value. 
 (b) The Committee may also grant stock appreciation rights without the grant of an accompanying option, which rights shall permit
the Grantees to receive, at the time of any exercise of such rights, cash equal to the amount by which the Fair Market Value of the Shares in respect to which the right was granted is so exercised exceeds the exercise price thereof. The exercise
price of any such stock appreciation right granted to a Grantee who is subject to U.S. federal income tax shall be determined in compliance with Section 7.2. 

(c) Such other Share-based Awards as set forth above may be granted alone, in addition to, or in tandem with any Award of any type granted
under this Plan (without any obligation or assurance that that such Share-based Awards will be entitled to tax benefits under Applicable Law or to the same tax treatment as other Awards under this Plan). 

 

	 	14.	 EFFECT OF CERTAIN CHANGES. 

(a) General. 

(i) In the event of a division or subdivision of the outstanding share capital of the Company, any distribution of bonus shares
(stock split), consolidation or combination of share capital of the Company (reverse stock split), reclassification with respect to the Shares or any similar recapitalization events (each, a “Recapitalization”), a merger (including,
a reverse merger and a reverse triangular merger), consolidation, amalgamation or like transaction of the Company with or into another corporation, a reorganization (which may include a combination or exchange of shares, spin-off or other corporate divestiture or division, or other similar occurrences, the Committee shall have the authority to make, without the need for a consent of any holder of an Award, such adjustments as
determined by the Committee to be appropriate, in its discretion, in order to adjust (i) the number and class of shares reserved and available for grants of Awards, (ii) the number and class of shares covered by outstanding Awards,
(iii) the Exercise Price per share covered by any Award, (iv) the terms and conditions concerning vesting and exercisability and the term and duration of the outstanding Awards, (v) the type or class of security, asset or right
underlying the Award (which need not be only that of the Company, and may be that of the surviving corporation or any affiliate thereof or such other entity party to any of the above transactions), and (vi) any other terms of the Award that in
the opinion of the Committee should be adjusted. Any fractional shares resulting from such adjustment shall be treated as determined by the Committee, and in the absence of such determination shall be rounded to the nearest whole share, and the
Company shall have no obligation to make any cash or other payment with respect to such fractional shares. No adjustment shall be made by reason of the distribution of subscription rights or rights offering to outstanding shares or other issuance of
shares by the Company, unless the Committee determines otherwise. The adjustments determined pursuant to this Section 14.1 (including a determination that no adjustment is to be made) shall be final, binding and conclusive. 

 (ii) Notwithstanding anything to the contrary included herein, in the event
of a distribution of cash dividend by the Company to all holders of Shares, the Committee shall have the authority to determine, without the need for a consent of any holder of an Award, that the Exercise Price of any Award, which is outstanding and
unexercised on the record date of such distribution, shall be reduced by an amount equal to the per Share gross dividend amount distributed by the Company, and the Committee may determine that the Exercise Price following such reduction shall be not
less than the par value of a Share. The application of this Section with respect to any 102 Awards shall be subject to obtaining a ruling from the ITA, to the extent required by applicable law and subject to the terms and conditions of any such
ruling. 
 (b) Merger/Sale of Company. In the event of (i) a sale of all or substantially all of the assets of the Company, or a
sale (including an exchange) of all or substantially all of the shares of the Company, to any person, or a purchase by a shareholder of the Company or by an Affiliate of such shareholder, of all the shares of the Company held by all or substantially
all other shareholders or by other shareholders who are not Affiliated with such acquiring party; (ii) a merger (including, a reverse merger and a reverse triangular merger), consolidation, amalgamation or like transaction of the Company with
or into another corporation; (iii) a scheme of arrangement for the purpose of effecting such sale, merger, consolidation, amalgamation or other transaction; (iv) approval by the shareholders of the Company of a complete liquidation or
dissolution of the Company, (v) Change in Board Event, or (vi) such other transaction or set of circumstances that is determined by the Board, in its discretion, to be a transaction subject to the provisions of this Section 14.2
excluding any of the foregoing transactions in clauses (i) through (iv) if the Board determines that such transaction should be excluded from the definition hereof and the applicability of this Section 14.2 (such transaction, a
“Merger/Sale”), then, without derogating from the general authority and power of the Board or the Committee under this Plan, without the Grantee’s consent and action and without any prior notice requirement, the Committee may
make any determination as to the treatment of Awards, in its sole and absolute discretion, as provided herein: 
 (i) Unless
otherwise determined by the Committee, any Award then outstanding shall be assumed or be substituted by the Company, or by the successor corporation in such Merger/Sale or by any parent or Affiliate thereof, as determined by the Committee in its
discretion (the “Successor Corporation”), under terms as determined by the Committee or the terms of this Plan applied by the Successor Corporation to such assumed or substituted Awards. 

For the purposes of this Section 14.2.1, the Award shall be considered assumed or substituted if, following a Merger/Sale, the Award
confers on the holder thereof the right to purchase or receive, for each Share underlying an Award immediately prior to the Merger/Sale, either (i) the consideration (whether shares or other securities, cash or other property, or rights, or any
combination thereof) distributed to or received by holders of Shares in the Merger/Sale for each Share held on the effective date of the Merger/Sale (and if holders were offered a choice or several types of consideration, the type of consideration
as determined by the Committee, which need not be the same type for all Grantees), or (ii) regardless of the consideration received by the holders of Shares in the Merger/Sale, solely shares or any type of Awards (or their equivalent) of the
Successor Corporation at a value to be determined by the Committee in its discretion, or a certain type of consideration (whether shares or other securities, cash or other property, or rights, or any combination thereof) as determined by the
Committee. Any of the consideration referred to in the foregoing clauses (i) and (ii) shall be subject to the same vesting and expiration terms of the Awards 

 
applying immediately prior to the Merger/Sale, unless determined by the Committee, in its discretion, that the consideration shall be subject to different vesting and expiration terms, or other
terms, and the Committee may determine that it be subject to other or additional terms. The foregoing shall not limit the Committee’s authority to determine that in lieu of such assumption or substitution of Awards for Awards of the Successor
Corporation, such Award will be substituted for shares or other securities, cash or other property, or rights, or any combination thereof, including as set forth in Section 14.2.2 hereunder. 

(ii) Regardless of whether or not Awards are assumed or substituted, the Committee may (but shall not be obligated to): 

(1) provide for the Grantee to have the right to exercise the Award in respect of Shares covered by the Award which would
otherwise be exercisable or vested, under such terms and conditions as the Committee shall determine, and the cancellation of all unexercised Awards (whether vested or unvested) upon or immediately prior to the closing of the Merger/Sale, unless the
Committee provides for the Grantee to have the right to exercise the Award, or otherwise for the acceleration of vesting of such Award, as to all or part of the Shares covered by the Award which would not otherwise be exercisable or vested, under
such terms and conditions as the Committee shall determine; 
 (2) provide for the cancellation of each outstanding Award at
or immediately prior to the closing of such Merger/Sale, and if and to the extent payment shall be made to the Grantee of an amount in shares or other securities of the Company, the acquiror or of a corporation or other business entity which is a
party to the Merger/Sale, cash or other property, or rights, or any combination thereof, as determined by the Committee to be fair in the circumstances, and subject to such terms and conditions as determined by the Committee. The Committee shall
have full authority to select the method for determining the payment (being the intrinsic (“spread”) value of the option, Black-Scholes model or any other method). Inter alia, and without limitation of the following
determination being made in other circumstances, the Committee’s determination may provide that payment shall be set to zero if the value of the Shares is determined to be less than the Exercise Price, or in respect of Shares covered by the
Award which would not otherwise be exercisable or vested, or that payment may be made only in excess of the Exercise Price; and/or 

(3) provide that the terms of any Award shall be otherwise amended, modified or terminated, as determined by the Committee to
be fair in the circumstances. 
 (iii) The Committee may determine: (i) that any payments made in respect of Awards
shall be made or delayed to the same extent that payment of consideration to the holders of the Shares in connection with the Merger/Sale is made or delayed as a result of escrows, indemnification, earn outs, holdbacks or any other contingencies or
conditions; (ii) the terms and conditions applying to the payment made or payable to the Grantees, including participation in escrow, indemnification, releases, earn-outs, holdbacks or any other contingencies; and (iii) that any terms and
conditions applying under the applicable definitive transaction agreements shall apply to the Grantees (including, appointment and engagement of a shareholders or sellers representative, payment of fees or other costs and expenses associated with
such services, indemnifying such representative, and authorization to such representative within the scope of such representative’s authority in the applicable definitive transaction agreements). 

(iv) The Committee may determine to suspend the Grantee’s rights to exercise any vested portion of an Award for a period
of time prior to the signing or consummation of a Merger/Sale transaction. 

 (v) Without limiting the generality of this Section 14, if the
consideration in exchange for Awards in a Merger/Sale includes any securities and due receipt thereof by any Grantee (or by the Trustee for the benefit of such Grantee) may require under applicable law (i) the registration or qualification of
such securities or of any person as a broker or dealer or agent with respect to such securities; or (ii) the provision to any Grantee of any information under the Securities Act or any other securities laws, then the Committee may determine
that the Grantee shall be paid in lieu thereof, against surrender of the Shares or cancellation of any other Awards, an amount in cash or other property, or rights, or any combination thereof, as determined by the Committee to be fair in the
circumstances, and subject to such terms and conditions as determined by the Committee. Nothing herein shall entitle any Grantee to receive any form of consideration that such Grantee would be ineligible to receive as a result of such Grantee’s
failure to satisfy (in the Committee’s sole determination) any condition, requirement or limitation that is generally applicable to the Company’s shareholders, or that is otherwise applicable under the terms of the Merger/Sale, and in such
case, the Committee shall determine the type of consideration and the terms applying to such Grantees. 
 (vi) Neither the
authorities and powers of the Committee under this Section 14.2, nor the exercise or implementation thereof, shall (i) be restricted or limited in any way by any adverse consequences (tax or otherwise) that may result to any holder of an
Award, and (ii) as, inter alia, being a feature of the Award upon its grant, be deemed to constitute a change or an amendment of the rights of such holder under this Plan, nor shall any such adverse consequences (as well as any adverse
tax consequences that may result from any tax ruling or other approval or determination of any relevant tax authority) be deemed to constitute a change or an amendment of the rights of such holder under this Plan, and may be effected without consent
of any Grantee and without any liability to the Company or its Affiliates, or to their respective officers, directors, employees and representatives, and the respective successors and assigns of any of the foregoing. The Committee need not take the
same action with respect to all Awards or with respect to all Service Providers. The Committee may take different actions with respect to the vested and unvested portions of an Award. The Committee may determine an amount or type of consideration to
be received or distributed in a Merger/Sale which may differ as among the Grantees, and as between the Grantees and any other holders of shares of the Company. 

(vii) The Committee may determine that upon a Merger/Sale any Shares held by Grantees (or for Grantee’s benefit) are sold
in accordance with instructions issued by the Committee in connection with such Merger/Sale, which shall be final, conclusive and binding on all Grantees. 

(viii) All of the Committee’s determinations pursuant to this Section 14 shall be at its sole and absolute
discretion, and shall be final, conclusive and binding on all Grantees (including, for clarity, as it relates to Shares issued upon exercise or vesting of any Awards or that are Awards, unless otherwise determined by the Committee) and without any
liability to the Company or its Affiliates, or to their respective officers, directors, employees, shareholders and representatives, and the respective successors and assigns of any of the foregoing, in connection with the method of treatment,
chosen course of action or determinations made hereunder. 
 (ix) If determined by the Committee, the Grantees shall be
subject to the definitive agreement(s) in connection with the Merger/Sale as applying to holders of Shares including, such terms, conditions, representations, undertakings, liabilities, limitations, releases, indemnities, appointing and indemnifying
shareholders/sellers representative, participating in transaction 

 
expenses, shareholders/sellers representative expense fund and escrow arrangement, in each case as determined by the Committee. Each Grantee shall execute (and authorizes any person designated by
the Company to so execute, as well as (if applicable) the Trustee holding any Shares for the Grantee’s behalf) such separate agreement(s) or instruments as may be requested by the Company, the Successor Corporation or the acquiror in connection
with such in such Merger/Sale or otherwise under or for the purpose of implementing this Section 14.2, and in the form required by them. The execution of such separate agreement(s) may be a condition to the receipt of assumed or substituted
Awards, payment in lieu of the Award, the exercise of any Award or otherwise to be entitled to benefit from shares or other securities, cash or other property, or rights, or any combination thereof, pursuant to this Section 14.2 (and the
Company (and, if applicable, the Trustee) may exercise its authorization above and sign such agreement on behalf of the Grantee or subject the Grantee to the provisions of such agreements). 

(c) Reservation of Rights. Except as expressly provided in this Section 14 (if any), the Grantee of an Award hereunder shall have
no rights by reason of any Recapitalization of shares of any class, any increase or decrease in the number of shares of any class, or any dissolution, liquidation, reorganization (which may include a combination or exchange of shares, spin-off or other corporate divestiture or division, or other similar occurrences), or Merger/Sale. Any issue by the Company of shares of any class, or securities convertible into shares of stock of any class, shall
not affect, and no adjustment by reason thereof shall be made with respect to, the number, type or price of shares subject to an Award. The grant of an Award pursuant to this Plan shall not affect in any way the right or power of the Company to make
adjustments, reclassifications, reorganizations or changes of its capital or business structures or to merge or to consolidate or to dissolve, liquidate or sell, or transfer all or part of its business or assets or engage in any similar
transactions. 
  

	 	15.	 NON-TRANSFERABILITY OF AWARDS; SURVIVING BENEFICIARY.

 (a) All Awards granted under this Plan by their terms shall not be transferable, other than by will or by the laws of
descent and distribution, unless otherwise determined by the Committee or under this Plan, provided that with respect to Shares issued upon exercise, Shares issued upon the vesting of Awards or Awards that are Shares, the restrictions on transfer
shall be the restrictions referred to in Section 16 (Conditions upon Issuance of Shares) hereof. Subject to the above provisions, the terms of such Award, this Plan and any applicable Award Agreement shall be binding upon the beneficiaries,
executors, administrators, heirs and successors of such Grantee. Awards may be exercised or otherwise realized, during the lifetime of the Grantee, only by the Grantee or by his guardian or legal representative, to the extent provided for herein.
Any transfer of an Award not permitted hereunder (including transfers pursuant to any decree of divorce, dissolution or separate maintenance, any property settlement, any separation agreement or any other agreement with a spouse) and any grant of
any interest in any Award to, or creation in any way of any direct or indirect interest in any Award by, any party other than the Grantee shall be null and void and shall not confer upon any party or person, other than the Grantee, any rights. A
Grantee may file with the Committee a written designation of a beneficiary, who shall be permitted to exercise such Grantee’s Award or to whom any benefit under this Plan is to be paid, in each case, in the event of the Grantee’s death
before he or she fully exercises his or her Award or receives any or all of such benefit, on such form as may be prescribed by the Committee and may, from time to time, amend or revoke such designation. If no designated beneficiary survives the
Grantee, the executor or administrator of the Grantee’s estate shall be deemed to be the Grantee’s beneficiary. Notwithstanding the foregoing, upon the request of the Grantee and subject to Applicable Law the Committee, at its sole
discretion, may permit the Grantee to transfer the Award to a trust whose beneficiaries are the Grantee and/or the Grantee’s immediate family members (all or several of them). 

 (b) Notwithstanding any other provisions of the Plan to the contrary, no Incentive Stock
Option may be sold, transferred, pledged, assigned or otherwise alienated or hypothecated, other than by will or by the laws of descent and distribution or in accordance with a beneficiary designation pursuant to Section 15.1. Further, all
Incentive Stock Options granted to a Grantee shall be exercisable during his or her lifetime only by such Grantee. 
 (c) As long as the
Shares are held by the Trustee in favor of the Grantee, all rights possessed by the Grantee over the Shares are personal, and may not be transferred, assigned, pledged or mortgaged, other than by will or laws of descent and distribution. 

(d) If and to the extent a Grantee is entitled to transfer an Award and/or Shares underlying an Award in accordance with the terms of the Plan
and any other applicable agreements, such transfer shall be subject (in addition, to any other conditions or terms applying thereto) to receipt by the Company from such proposed transferee of a written instrument, on a form reasonably acceptable to
the Company, pursuant to which such proposed transferee agrees to be bound by all provisions of the Plan and any other applicable agreements, including without limitation, any restrictions on transfer of the Award and/or Shares set forth herein
(however, failure to so deliver such instrument to the Company as set forth above shall not derogate from all such provisions applying on any transferee). 

(e) The provisions of this Section 15 shall apply to the Grantee and to any purchaser, assignee or transferee of any Shares. 

 

	 	16.	 CONDITIONS UPON ISSUANCE OF SHARES; GOVERNING PROVISIONS. 

(a) Legal Compliance. The grant of Awards and the issuance of Shares upon exercise or settlement of Awards shall be subject to
compliance with all Applicable Law as determined by the Company, including, applicable requirements of federal, state and foreign law with respect to such securities. The Company shall have no obligations to issue Shares pursuant to the exercise or
settlement of an Award and Awards may not be exercised or settled, if the issuance of Shares upon exercise or settlement would constitute a violation of any Applicable Law as determined by the Company, including, applicable federal, state or foreign
securities laws or other law or regulations or the requirements of any stock exchange or market system upon which the Shares may then be listed. In addition, no Award may be exercised unless (i) a registration statement under the Securities Act
or equivalent law in another jurisdiction shall at the time of exercise or settlement of the Award be in effect with respect to the shares issuable upon exercise of the Award, or (ii) in the opinion of legal counsel to the Company, the shares
issuable upon exercise of the Award may be issued in accordance with the terms of an applicable exemption from the registration requirements of the Securities Act or equivalent law in another jurisdiction. The inability of the Company to obtain
authority from any regulatory body having jurisdiction, if any, deemed by the Company to be necessary to the lawful issuance and sale of any Shares hereunder, and the inability to issue Shares hereunder due to
non-compliance with any Company policies with respect to the sale of Shares, shall relieve the Company of any liability in respect of the failure to issue or sell such Shares as to which such requisite
authority or compliance shall not have been obtained or achieved. As a condition to the exercise of an Award, the Company may require the person exercising such Award to satisfy any qualifications that may be necessary or appropriate, to evidence
compliance with any Applicable Law or regulation and to make any representation or warranty with respect thereto as may be requested by the Company, including to represent and warrant at the time of any such exercise that the Shares are being
purchased only for investment and without any present intention to sell or distribute such Shares, all in form and content specified by the Company. 

 (b) Provisions Governing Shares. Shares issued pursuant to an Award shall be subject
to this Plan (unless otherwise determined by the Committee), and shall be subject to the Articles of Association of the Company, any limitation, restriction or obligation included in any shareholders agreement applicable to all or substantially all
of the holders of shares (regardless of whether or not the Grantee is a formal party to such shareholders agreement), any other governing documents of the Company, all policies, manuals and internal regulations adopted by the Company from time to
time, in each case, as may be amended from time to time, including any provisions included therein concerning restrictions or limitations on disposition of Shares (such as, but not limited to, right of first refusal and lock up/market stand-off) or grant of any rights with respect thereto, forced sale and bring along/drag along provisions, any provisions concerning restrictions on the use of inside information and other provisions deemed by the
Company to be appropriate in order to ensure compliance with Applicable Law. Each Grantee shall execute (and authorizes any person designated by the Company to so execute, as well as (if applicable) the Trustee holding any Shears for the
Grantee’s behalf) such separate agreement(s) as may be requested by the Company relating to matters set forth in or otherwise for the purpose of implementing this Section 16.2. The execution of such separate agreement(s) may be a condition
by the Company to the exercise of any Award and the Company (and, if applicable, the Trustee) may exercise its authorization above and sign such agreement on behalf of the Grantee or subject the Grantee to the provisions of such agreements. Without
limitation of the foregoing, the proxy pursuant to Section 6.10 includes an authorization of the holder of such proxy to sign, by and on behalf of any Grantee, such documents and agreements. 

(c) Share Purchase Transactions; Forced Sale. In the event that the Board approves a Merger/Sale effected by way of a forced or
compulsory sale (whether pursuant to the Company’s Articles of Association, pursuant to Section 341 of the Companies Law or any shareholders agreement or otherwise) or in the event of a transaction for the sale of all shares of the
Company, then, without derogating from such provisions and in addition thereto, the Grantee shall be obligated, and shall be deemed to have agreed to the offer to effect the Merger/Sale (and the Shares held by or for the benefit of the Grantee shall
be included in the shares of the Company approving the terms of such Merger/Sale for the purpose of satisfying the required majority), and shall sell all of the Shares held by or for the benefit of the Grantee on the terms and conditions applying to
the holders of Shares, in accordance with the instructions then issued by the Board, whose determination shall be final. No Grantee shall contest, bring any claims or demands, or exercise any appraisal rights related to any of the foregoing. Each
Grantee shall execute (and authorizes any person designated by the Company to so execute, as well as (if applicable) the Trustee holding any Shares for the Grantee’s behalf) such documents and agreements, as may be requested by the Company
relating to matters set forth in or otherwise for the purpose of implementing this Section 16.3. The execution of such separate agreement(s) may be a condition by the Company to the exercise of any Award and the Company (and, if applicable, the
Trustee) may exercise its authorization above and sign such agreement on behalf of the Grantee or subject the Grantee to the provisions of such agreements. 

(d) Data Privacy; Data Transfer. Information related to Grantees and Awards hereunder, as shall be received from Grantee or others,
and/or held by, the Company or its Affiliates from time to time, and which information may include sensitive and personal information related to Grantees (“Information”), will be used by the Company or its Affiliates (or third
parties appointed by any of them, including the Trustee) to comply with any applicable legal requirement, or for administration of the Plan as they deems necessary or advisable, or for the respective business purposes of the Company or its
Affiliates (including in connection with transactions related to any of them). The Company and its Affiliates 

 
shall be entitled to transfer the Information among the Company or its Affiliates, and to third parties for the purposes set forth above, which may include persons located abroad (including, any
person administering the Plan or providing services in respect of the Plan or in order to comply with legal requirements, or the Trustee, their respective officers, directors, employees and representatives, and the respective successors and assigns
of any of the foregoing), and any person so receiving Information shall be entitled to transfer it for the purposes set forth above. The Company shall use commercially reasonable efforts to ensure that the transfer of such Information shall be
limited to the reasonable and necessary scope. By receiving an Award hereunder, Grantee acknowledges and agrees that the Information is provided at Grantee’s free will and Grantee consents to the storage and transfer of the Information as set
forth above. 
  

	 	17.	 MARKET STAND-OFF 

(a) In connection with any underwritten public offering of equity securities of the Company pursuant to an effective registration statement
filed under the Securities Act or equivalent law in another jurisdiction, the Grantee shall not directly or indirectly, without the prior written consent of the Company or its underwriters, (i) lend, offer, pledge, sell, contract to sell, sell
any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or indirectly, any Shares or other Awards, any securities of the Company
(whether or not such Shares were acquired under this Plan), or any securities convertible into or exercisable or exchangeable (directly or indirectly) for Shares or securities of the Company and any other shares or securities issued or distributed
in respect thereto or in substitution thereof (collectively, “Securities”), or (ii) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of the
Securities, whether any such transaction described in the foregoing clauses (i) or (ii) is to be settled by delivery of Securities, in cash or otherwise. The foregoing provisions of this Section 17.1 shall not apply to the sale of
any shares to an underwriter pursuant to an underwriting agreement. Such restrictions (the “Market Stand-Off”) shall be in effect for such period of time (the “Market Stand-Off Period”): (A) following the first public filing of the registration statement relating to the underwritten public offering until the expiration of 180 days following the effective date of such
registration statement relating to the Company’s initial public offering or 90 days following the effective date of such registration statement relating to any other public offering, in each case, provided, however, that if (1) during the
last 17 days of the initial Market Stand-Off Period, the Company releases earnings results or announces material news or a material event or (2) prior to the expiration of the initial Market Stand-Off Period, the Company announces that it will release earnings results during the 15-day period following the last day of the initial Market Stand-Off Period, then in each case the Market Stand-Off Period will be automatically extended until the expiration of the 18-day
period beginning on the date of release of the earnings results or the announcement of the material news or material event; or (B) such other period as shall be requested by the Company or the underwriters. Notwithstanding anything herein to
the contrary, if the underwriter(s) and the Company agree on a termination date of the Market Stand-Off Period in the event of failure to consummate a certain public offering, then such termination shall apply
also to the Market Stand-Off Period hereunder with respect to that particular public offering. 

(b) In the event of a subdivision of the outstanding share capital of the Company, the distribution of any securities (whether or not of the
Company), whether as bonus shares or otherwise, and whether as dividend or otherwise, a recapitalization, a reorganization (which may include a combination or exchange of shares or a similar transaction affecting the Company’s outstanding
securities without receipt of consideration), a consolidation, a spin-off or other corporate divestiture or division, a 

 
reclassification or other similar occurrence, any new, substituted or additional securities which are by reason of such transaction distributed with respect to any Shares subject to the Market Stand-Off, or into which such Shares thereby become convertible, shall immediately be subject to the Market Stand-Off. 

(c) In order to enforce the Market Stand-Off, the Company may impose stop-transfer instructions with
respect to the Shares acquired under this Plan until the end of the applicable Market Stand-Off period. 

(d) The underwriters in connection with a registration statement so filed are intended third party beneficiaries of this Section 17 and
shall have the right, power and authority to enforce the provisions hereof as though they were a party hereto. Each Grantee shall execute such separate agreement(s) as may be requested by the Company or the underwriters in connection with such
registration statement and in the form required by them, relating to Market Stand-Off (which need not be identical to the provisions of this Section 17, and may include such additional provisions and
restrictions as the underwriters deem advisable) or that are necessary to give further effect thereto. The execution of such separate agreement(s) may be a condition by the Company to the exercise of any Award. 

(e) Without derogating from the above provisions of this Section 17 or elsewhere in this Plan, the provisions of this Section 17
shall apply to the Grantee and the Grantee’s heirs, legal representatives, successors, assigns, and to any purchaser, assignee or transferee of any Awards or Shares. 
  

	 	18.	 AGREEMENT REGARDING TAXES; DISCLAIMER. 

(a) If the Committee shall so require, as a condition of exercise of an Award, the release of Shares by the Trustee or the expiration of the
Restricted Period, a Grantee shall agree that, no later than the date of such occurrence, the Grantee will pay to the Company (or the Trustee, as applicable) or make arrangements satisfactory to the Committee and the Trustee (if applicable)
regarding payment of any applicable taxes and compulsory payments of any kind required by Applicable Law to be withheld or paid. 
 (b)
TAX LIABILITY. ALL TAX CONSEQUENCES UNDER ANY APPLICABLE LAW WHICH MAY ARISE FROM THE GRANT OF ANY AWARDS OR THE VESTING (IF APPLICABLE) OR THE EXERCISE THEREOF, THE SALE OR DISPOSITION OF ANY SHARES GRANTED HEREUNDER OR ISSUED UPON EXERCISE
OR (IF APPLICABLE) THE VESTING OF ANY AWARD, THE ASSUMPTION, SUBSTITUTION, CANCELLATION OR PAYMENT IN LIEU OF AWARDS OR FROM ANY OTHER ACTION IN CONNECTION WITH THE FOREGOING (INCLUDING WITHOUT LIMITATION ANY TAXES AND COMPULSORY PAYMENTS, SUCH AS
SOCIAL SECURITY OR HEALTH TAX PAYABLE BY THE GRANTEE OR THE COMPANY IN CONNECTION THEREWITH) SHALL BE BORNE AND PAID SOLELY BY THE GRANTEE, AND THE GRANTEE SHALL INDEMNIFY THE COMPANY, ITS SUBSIDIARIES AND AFFILIATES AND THE TRUSTEE, AND SHALL HOLD
THEM HARMLESS AGAINST AND FROM ANY LIABILITY FOR ANY SUCH TAX OR PAYMENT OR ANY PENALTY, INTEREST OR INDEXATION THEREON. EACH GRANTEE AGREES TO, AND UNDERTAKES TO COMPLY WITH, ANY RULING, SETTLEMENT, CLOSING AGREEMENT OR OTHER SIMILAR AGREEMENT OR
ARRANGEMENT WITH ANY TAX AUTHORITY IN CONNECTION WITH THE FOREGOING WHICH IS APPROVED BY THE COMPANY. 
 (c) NO TAX ADVICE. THE
GRANTEE IS ADVISED TO CONSULT WITH A TAX ADVISOR WITH RESPECT TO THE TAX CONSEQUENCES OF RECEIVING, EXERCISING OR DISPOSING OF AWARDS HEREUNDER. THE COMPANY DOES NOT ASSUME ANY RESPONSIBILITY TO ADVISE THE GRANTEE ON SUCH MATTERS, WHICH SHALL REMAIN
SOLELY THE RESPONSIBILITY OF THE GRANTEE. 
 (d) TAX TREATMENT. THE COMPANY AND ITS AFFILIATES (INCLUDING THE EMPLOYER) DO NOT
UNDERTAKE OR ASSUME ANY LIABILITY OR RESPONSIBILITY TO THE EFFECT THAT ANY AWARD SHALL QUALIFY WITH ANY PARTICULAR TAX REGIME OR RULES APPLYING TO PARTICULAR TAX TREATMENT, OR 

 
BENEFIT FROM ANY PARTICULAR TAX TREATMENT OR TAX ADVANTAGE OF ANY TYPE AND THE COMPANY AND ITS AFFILIATES (INCLUDING THE EMPLOYER) SHALL BEAR NO LIABILITY IN CONNECTION WITH THE MANNER IN WHICH
ANY AWARD IS TREATED FOR TAX PURPOSES, REGARDLESS OF WHETHER THE AWARD WAS GRANTED OR WAS INTENDED TO QUALIFY UNDER ANY PARTICULAR TAX REGIME OR TREATMENT. THIS PROVISION SHALL SUPERSEDE ANY TYPE OF AWARDS OR TAX QUALIFICATION INDICATED IN ANY
CORPORATE RESOLUTION OR AWARD AGREEMENT, WHICH SHALL AT ALL TIMES BE SUBJECT TO THE REQUIREMENTS OF APPLICABLE LAW. THE COMPANY AND ITS AFFILIATES (INCLUDING THE EMPLOYER) DO NOT UNDERTAKE AND SHALL NOT BE REQUIRED TO TAKE ANY ACTION IN ORDER TO
QUALIFY ANY AWARD WITH THE REQUIREMENT OF ANY PARTICULAR TAX TREATMENT AND NO INDICATION IN ANY DOCUMENT TO THE EFFECT THAT ANY AWARD IS INTENDED TO QUALIFY FOR ANY TAX TREATMENT SHALL IMPLY SUCH AN UNDERTAKING. THE COMPANY AND ITS AFFILIATES
(INCLUDING THE EMPLOYER) DO NOT UNDERTAKE TO REPORT FOR TAX PURPOSES ANY AWARD IN ANY PARTICULAR MANNER, INCLUDING IN ANY MANNER CONSISTENT WITH ANY PARTICULAR TAX TREATMENT. NO ASSURANCE IS MADE BY THE COMPANY OR ANY OF ITS AFFILIATES (INCLUDING
THE EMPLOYER) THAT ANY PARTICULAR TAX TREATMENT ON THE DATE OF GRANT WILL CONTINUE TO EXIST OR THAT THE AWARD WOULD QUALIFY AT THE TIME OF VESTING OR EXERCISE OR DISPOSITION THEREOF WITH ANY PARTICULAR TAX TREATMENT. THE COMPANY AND ITS AFFILIATES
(INCLUDING THE EMPLOYER) SHALL NOT HAVE ANY LIABILITY OR OBLIGATION OF ANY NATURE IN THE EVENT THAT AN AWARD DOES NOT QUALIFY FOR ANY PARTICULAR TAX TREATMENT, REGARDLESS WHETHER THE COMPANY COULD HAVE OR SHOULD HAVE TAKEN ANY ACTION TO CAUSE SUCH
QUALIFICATION TO BE MET AND SUCH QUALIFICATION REMAINS AT ALL TIMES AND UNDER ALL CIRCUMSTANCES AT THE RISK OF THE GRANTEE. THE COMPANY DOES NOT UNDERTAKE OR ASSUME ANY LIABILITY TO CONTEST A DETERMINATION OR INTERPRETATION (WHETHER WRITTEN OR
UNWRITTEN) OF ANY TAX AUTHORITIES, INCLUDING IN RESPECT OF THE QUALIFICATION UNDER ANY PARTICULAR TAX REGIME OR RULES APPLYING TO PARTICULAR TAX TREATMENT. IF THE AWARDS DO NOT QUALIFY UNDER ANY PARTICULAR TAX TREATMENT IT COULD RESULT IN ADVERSE
TAX CONSEQUENCES TO THE GRANTEE. 
 (e) Company or any Subsidiary or Affiliate (including the Employer) may take such action as it may deem
necessary or appropriate, in its discretion, for the purpose of or in connection with withholding of any taxes and compulsory payments which the Trustee, the Company or any Subsidiary or Affiliate (including the Employer) (or any applicable agent
thereof) is required by any Applicable Law to withhold in connection with any Awards, including, without limitations, any income tax, social benefits, social insurance, health tax, pension, payroll tax, fringe benefits, excise tax, payment on
account or other tax-related items related to the Participant’s participation in the Plan and applicable by law to the Participant (collectively, “Withholding Obligations”). Such actions
may include (i) requiring a Grantees to remit to the Company or the Employer in cash an amount sufficient to satisfy such Withholding Obligations and any other taxes and compulsory payments, payable by the Company or the Employer in connection
with the Award or the exercise or (if applicable) the vesting thereof; (ii) subject to Applicable Law, allowing the Grantees to surrender Shares to the Company, in an amount that at such time, reflects a value that the Committee determines to
be sufficient to satisfy the minimum amount that is necessary to meet the withholding requirement for such Withholding Obligations (or such greater amount as a Grantee may elect if permitted by the Committee, if such greater amount would not result
in adverse financial accounting consequences); (iii) withholding Shares otherwise issuable upon the exercise of an Award at a value which is determined by the Company to be sufficient to satisfy the minimum amount that is necessary to meet the
withholding requirement for such Withholding Obligations (or such greater amount as a Grantee may elect if permitted by the Committee, if such greater amount would not result in adverse 

 
financial accounting consequences); or (iv) any combination of the foregoing. The Company shall not be obligated to allow the exercise or vesting of any Award by or on behalf of a Grantee
until all tax consequences arising therefrom are resolved in a manner acceptable to the Company. 
 (f) Each Grantee shall notify the
Company in writing promptly and in any event within ten (10) days after the date on which such Grantee first obtains knowledge of any tax authority inquiry, audit, assertion, determination, investigation, or question relating in any manner to
the Awards granted or received hereunder or Shares issued thereunder and shall continuously inform the Company of any developments, proceedings, discussions and negotiations relating to such matter, and shall allow the Company and its
representatives to participate in any proceedings and discussions concerning such matters. Upon request, a Grantee shall provide to the Company any information or document relating to any matter described in the preceding sentence, which the
Company, in its discretion, requires. 
 (g) With respect to 102 Non-Trustee Options, if the Grantee
ceases to be employed by the Company, Parent, Subsidiary or any Affiliate (including the Employer), the Grantee shall extend to the Company and/or the Employer a security or guarantee for the payment of taxes due at the time of sale of Shares, all
in accordance with the provisions of Section 102 of the Ordinance and the Rules. 
 (h) If a Grantee makes an election under
Section 83(b) of the Code to be taxed with respect to an Award as of the date of transfer of Shares rather than as of the date or dates upon which the Grantee would otherwise be taxable under Section 83(a) of the Code, such Grantee shall
deliver a copy of such election to the Company upon or prior to the filing such election with the U.S. Internal Revenue Service. Neither the Company nor any Affiliate (including the Employer) shall have any liability or responsibility relating to or
arising out of the filing or not filing of any such election or any defects in its construction. 
  

	 	19.	 RIGHTS AS A SHAREHOLDER; VOTING AND DIVIDENDS. 

(a) Subject to Section 11.4, a Grantee shall have no rights as a shareholder of the Company with respect to any Shares covered by an Award
until the Grantee shall have exercised or (as applicable) vests in the Award, paid any Exercise Price therefor and becomes the record holder of the subject Shares. In the case of 102 Awards, the Trustee shall have no rights as a shareholder of the
Company with respect to the Shares covered by such Award until the Trustee becomes the record holder for such Shares for the Grantee’s benefit, and the Grantee shall not be deemed to be a shareholder and shall have no rights as a shareholder of
the Company with respect to the Shares covered by the Award until the date of the release of such Shares from the Trustee to the Grantee and the transfer of record ownership of such Shares to the Grantee (provided, however, that the Grantee shall be
entitled to receive from the Trustee any cash dividend or distribution made on account of the Shares held by the Trustee for such Grantee’s benefit, subject to any tax withholding and compulsory payment). No adjustment shall be made for
dividends (ordinary or extraordinary, whether in shares or other securities, cash or other property, or rights, or any combination thereof) or distribution of other rights for which the record date is prior to the date on which the Grantee or
Trustee (as applicable) becomes the record holder of the Shares covered by an Award, except as provided in Section 14 hereof. 
 (b)
With respect to all Shares to which a Grantee becomes the record holder pursuant to Section 19.1, such Shares shall be subject to Section 6.10, and the Grantee shall be entitled to receive dividends distributed with respect to such Shares,
subject to the provisions of the Company’s Articles of Association, as amended from time to time, and subject to any Applicable Law. 

(c) The Company may, but shall not be obligated to, register or qualify the sale of Shares under any applicable securities law or any other
Applicable Law. 

	 	20.	 NO REPRESENTATION BY COMPANY. 

By granting the Awards, the Company is not, and shall not be deemed as, making any representation or warranties to the Grantee regarding the Company, its
business affairs, its prospects or the future value of its Shares and such representations and warranties are hereby disclaimed. The Company shall not be required to provide to any Grantee any information, documents or material in connection with
the Grantee’s considering an exercise of an Award. To the extent that any information, documents or materials are provided, the Company shall have no liability with respect thereto. Any decision by a Grantee to exercise an Award shall solely be
at the risk of the Grantee. 
  

	 	21.	 NO RETENTION RIGHTS. 

Nothing in this Plan, any Award Agreement or in any Award granted or agreement entered into pursuant hereto shall confer upon any Grantee the right to continue
in the employ of, or be in the service of the Company or any Subsidiary or Affiliate thereof as a Service Provider or to be entitled to any remuneration or benefits not set forth in this Plan or such agreement, or to interfere with or limit in any
way the right of the Company or any such Subsidiary or Affiliate to terminate such Grantee’s employment or service (including, any right of the Company or any of its Affiliates to immediately cease the Grantee’s employment or service or to
shorten all or part of the notice period, regardless of whether notice of termination was given by the Company or its Affiliates or by the Grantee). Awards granted under this Plan shall not be affected by any change in duties or position of a
Grantee, subject to Sections 6.6 through 6.8. No Grantee shall be entitled to claim and the Grantee hereby waives any claim against the Company or any Subsidiary or Affiliate that he or she was prevented from continuing to vest Awards as of the date
of termination of his or her employment with, or services to, the Company or any Subsidiary or Affiliate. No Grantee shall be entitled to any compensation in respect of the Awards which would have vested had such Grantee’s employment or
engagement with the Company (or any Subsidiary or Affiliate) not been terminated. 
  

	 	22.	 PERIOD DURING WHICH AWARDS MAY BE GRANTED. 

Awards may be granted pursuant to this Plan from time to time on or following the Effective Date. If this Plan is terminated, no grants of Awards may be made
following the date this Plan is terminated and this Plan shall continue to be in full force and effect with respect to Awards or Shares issued thereunder that remain outstanding. 

 

	 	23.	 AMENDMENT OF THIS PLAN AND AWARDS. 

(a) The Board at any time and from time to time may suspend, terminate, modify or amend this Plan, whether retroactively or prospectively. Any
amendment effected in accordance with this Section shall be binding upon all Grantees and all Awards, whether granted prior to or after the date of such amendment, and without the need to obtain the consent of any Grantee, provided that no such
suspension, termination, modification or amendment will materially impair the rights of any Grantee, unless mutually agreed otherwise between the Grantee and the Company, which agreement must be in writing and signed by the Grantee and the Company.
No termination or amendment of this Plan shall affect any then outstanding Award unless expressly provided by the Board. 
 (b) Subject to
changes in Applicable Law that would permit otherwise, without the approval of the Company’s shareholders, there shall be (i) no increase in the maximum aggregate number of Shares that may be issued under this Plan as Incentive Stock
Options (except by operation of the provisions of Section 14.1), (ii) no change in the class of persons eligible to receive Incentive Stock Options, and (iii) no other amendment of this Plan that would require approval of the
Company’s shareholders under any Applicable Law. Unless not permitted by Applicable Law, if the grant of an Award is subject to approval by 

 
shareholders, the date of grant of the Award shall be determined as if the Award had not been subject to such approval. Failure to obtain approval by the shareholders shall not in any way
derogate from the valid and binding effect of any grant of an Award that is not an Incentive Stock Option. 
 (c) The Board or the Committee
at any time and from time to time may modify or amend any Award theretofore granted, including any Award Agreement, whether retroactively or prospectively, provided that no modification or amendment of an Award will materially impair the rights of
any Grantee, unless mutually agreed otherwise between the Grantee and the Company, which agreement must be in writing and signed by the Grantee and the Company. 
  

	 	24.	 APPROVAL. 

(a) This Plan shall take effect upon its adoption by the Board (the “Effective Date”). 

(b) Solely with respect to grants of Incentive Stock Options, this Plan shall also be subject to shareholders’ approval, within one year
of the Effective Date, by a majority of the votes cast on the proposal at a meeting or a written consent of shareholders (however, if the grant of an Award is subject to approval by shareholders, the date of grant of the Award shall be determined as
if the Award had not been subject to such approval). Failure to obtain such approval by the shareholders within such period shall not in any way derogate from the valid and binding effect of any grant of an Award, except that any Options previously
granted under this Plan may not qualify as Incentive Stock Options but, rather, shall constitute Nonqualified Stock Options. Upon approval of this Plan by the shareholders of the Company as set forth above, all Incentive Stock Options granted under
this Plan on or after the Effective Date shall be fully effective as if the shareholders of the Company had approved this Plan on the Effective Date. 

(c) 102 Awards are conditional upon the filing with or approval by the ITA, if required, as set forth in Section 9.49. Failure to so file
or obtain such approval shall not in any way derogate from the valid and binding effect of any grant of an Award, which is not a 102 Award. 
  

	 	25.	 RULES PARTICULAR TO SPECIFIC COUNTRIES; SECTION 409A. 

(a) Notwithstanding anything herein to the contrary, the terms and conditions of this Plan may be supplemented or amended with respect to a
particular country or tax regime by means of an appendix to this Plan, and to the extent that the terms and conditions set forth in any appendix conflict with any provisions of this Plan, the provisions of such appendix shall govern. Terms and
conditions set forth in such appendix shall apply only to Awards granted to Grantees under the jurisdiction of the specific country or such other tax regime that is the subject of such appendix and shall not apply to Awards issued to a Grantee not
under the jurisdiction of such country or such other tax regime. The adoption of any such appendix shall be subject to the approval of the Board or the Committee, and if determined by the Committee to be required in connection with the application
of certain tax treatment, pursuant to applicable stock exchange rules or regulations or otherwise, then also the approval of the shareholders of the Company at the required majority. 

(b) This Section 25.2 shall only apply to Awards granted to Grantees who are subject to United States Federal income tax. 

25.2.1 It is the intention of the Company that no Award shall be deferred compensation subject to Section 409A unless and
to the extent that the Committee specifically determines otherwise as provided in Section 25.2.2, and the Plan and the terms and conditions of all Awards shall be interpreted and administered accordingly. 

 25.2.2 The terms and conditions governing any Awards that the Committee
determines will be subject to Section 409A, including any rules for payment or elective or mandatory deferral of the payment or delivery of Shares or cash pursuant thereto, and any rules regarding treatment of such Awards in the event of a
Change in Control, shall be set forth in the applicable Award Agreement and shall be intended to comply in all respects with Section 409A, and the Plan and the terms and conditions of such Awards shall be interpreted and administered
accordingly. 
 25.2.3 The Company shall have complete discretion to interpret and construe the Plan and any Award
Agreement in any manner that establishes an exemption from (or compliance with) the requirements of Section 409A. If for any reason, such as imprecision in drafting, any provision of the Plan and/or any Award Agreement does not accurately
reflect its intended establishment of an exemption from (or compliance with) Section 409A, as demonstrated by consistent interpretations or other evidence of intent, such provision shall be considered ambiguous as to its exemption from (or
compliance with) Section 409A and shall be interpreted by the Company in a manner consistent with such intent, as determined in the discretion of the Company. If, notwithstanding the foregoing provisions of this
Section 25.2.3, any provision of the Plan or any such agreement would cause a Grantee to incur any additional tax or interest under Section 409A, the Company may reform such provision in a manner intended to avoid the incurrence by such
Grantee of any such additional tax or interest; provided that the Company shall maintain, to the extent reasonably practicable, the original intent and economic benefit to the Grantee of the applicable provision without violating the
provisions of Section 409A. For the avoidance of doubt, no provision of this Plan shall be interpreted or construed to transfer any liability for failure to comply with the requirements of Section 409A from any Grantee or any other
individual to the Company or any of its affiliates, employees or agents. 
 25.2.4 Notwithstanding any other provision in the
Plan, any Award Agreement, or any other written document establishing the terms and conditions of an Award, if any Grantee is a “specified employee,” within the meaning of Section 409A, as of the date of his or her “separation
from service” (as defined under Section 409A), then, to the extent required by Treasury Regulation Section 1.409A-3(i)(2) (or any successor provision), any payment made to such Grantee on
account of his or her separation from service shall not be made before a date that is six months after the date of his or her separation from service. The Committee may elect any of the methods of applying this rule that are permitted under Treasury
Regulation Section 1.409A-3(i)(2)(ii) (or any successor provision). 
 25.2.5
Notwithstanding any other provision of this Section 25.2 to the contrary, although the Company intends to administer the Plan so that Awards will be exempt from, or will comply with, the requirements of Section 409A, the Company does not
warrant that any Award under the Plan will qualify for favorable tax treatment under Section 409A or any other provision of federal, state, local, or non-United States law. The Company shall not be liable
to any Grantee for any tax, interest, or penalties the Grantee might owe as a result of the grant, holding, vesting, exercise, or payment of any Award under the Plan. 
  

	 	26.	 GOVERNING LAW; JURISDICTION. 

This Plan and all determinations made and actions taken pursuant hereto shall be governed by the laws of the State of Israel, except with respect to matters
that are subject to tax laws, regulations and rules of any 

 
specific jurisdiction, which shall be governed by the respective laws, regulations and rules of such jurisdiction. Certain definitions, which refer to laws other than the laws of such
jurisdiction, shall be construed in accordance with such other laws. The competent courts located in Tel-Aviv-Jaffa, Israel shall have exclusive jurisdiction over any dispute arising out of or in connection
with this Plan and any Award granted hereunder. By signing any Award Agreement or any other agreement relating to an Award, each Grantee irrevocably submits to such exclusive jurisdiction. 

 

	 	27.	 NON-EXCLUSIVITY OF THIS PLAN. 

The adoption of this Plan shall not be construed as creating any limitations on the power or authority of the Company to adopt such other or additional
incentive or other compensation arrangements of whatever nature as the Company may deem necessary or desirable or preclude or limit the continuation of any other plan, practice or arrangement for the payment of compensation or fringe benefits to
employees generally, or to any class or group of employees, which the Company or any Affiliate now has lawfully put into effect, including any retirement, pension, savings and stock purchase plan, insurance, death and disability benefits and
executive short-term or long-term incentive plans. 
  

	 	28.	 MISCELLANEOUS. 

(a) Survival. The Grantee shall be bound by and the Shares issued upon exercise or (if applicable) the vesting of any Awards granted
hereunder shall remain subject to this Plan after the exercise or (if applicable) the vesting of Awards, in accordance with the terms of this Plan, whether or not the Grantee is then or at any time thereafter employed or engaged by the Company or
any of its Affiliates. 
 (b) Additional Terms. Each Award awarded under this Plan may contain such other terms and conditions not
inconsistent with this Plan as may be determined by the Committee, in its sole discretion. 
 (c) Fractional Shares. No fractional
Share shall be issuable upon exercise or vesting of any Award and the number of Shares to be issued shall be rounded down to the nearest whole Share, with any Share remaining at the last vesting date due to such rounding to be issued upon exercise
at such last vesting date. 
 (d) Severability. If any provision of this Plan, any Award Agreement or any other agreement entered
into in connection with an Award shall be determined to be illegal or unenforceable by any court of law in any jurisdiction, the remaining provisions hereof and thereof shall be severable and enforceable in accordance with their terms, and all
provisions shall remain enforceable in any other jurisdiction. In addition, if any particular provision contained in this Plan, any Award Agreement or any other agreement entered into in connection with an Award shall for any reason be held to be
excessively broad as to duration, geographic scope, activity or subject, it shall be construed by limiting and reducing such provision as to such characteristic so that the provision is enforceable to fullest extent compatible with Applicable Law as
it shall then appear. 
 (e) Captions and Titles. The use of captions and titles in this Plan or any Award Agreement or any other
agreement entered into in connection with an Award is for the convenience of reference only and shall not affect the meaning or interpretation of any provision of this Plan or such agreement. 

*            *             *

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