Document:

Exhibit 10.3

 

MY
SIZE, INC.

2017
STOCK OPTION PLAN

ISRAEL
GRANTEES SUB-PLAN

 

Notwithstanding anything
stated to the contrary in the My Size, Inc., 2017 Equity incentive Plan (the “Plan”), this Sub-Plan
to the Plan shall apply for purposes of all Options granted under the Plan to Grantees who are subject to Israeli taxation.

 

		1.	Definitions

 

As used herein, the following
terms shall have the meanings set forth below, unless the context clearly indicates to the contrary. All capitalized terms, to
the extent not defined herein, shall have the meanings set forth in the Plan.

 

	1.1	“Affiliated Corporation,” for purposes
of eligibility under the Sub-Plan shall have the meaning of the term in the Plan, provided however that in the event of any affiliated
entity, such affiliate shall be an “employing company” within the meaning of such term in Section 102 of the Ordinance.

 

		1.2	“Election” – the election by the
Corporation, with respect to grant of 102 Trustee Options, of either one of the following tax tracks – “Capital Gains
Tax Track” or “Ordinary Income Tax Track”, as provided in and in accordance with the provisions of Section 102.

 

		1.3	“Fair Market Value” - solely for the
purposes of 102 Trustee Options, if and to the extent Section 102 prescribes a specific mechanism for determining the Fair Market
Value of the Exercised Shares, then notwithstanding Section 1.11 of the Plan, the Fair Market Value of 102 Trustee Options shall
be as prescribed in Section 102, if applicable.

 

		1.4	“102 Non-Trustee Option” – an
Option granted in accordance with and pursuant to Section 102, not through a Trustee.

 

		1.5	“3(i) Option” – an Option granted
pursuant to Section 3(i) of the Ordinance.

 

		1.6	“Ordinance” - the Israeli Income Tax
Ordinance [New Version], 1961, and the rules and regulations promulgated thereunder, as are in effect from time to time, and any
similar successor rules and regulations.

 

		1.7	“Restricted Period” – as defined
in Section 4.3 below.

 

		1.8	“Section 102” – Section 102 of
the Ordinance and the rules and regulations promulgated thereunder, as are in effect from time to time, and any similar successor
rules and regulations.

 

		1.9	“Trustee” - the trustee designated or
replaced by the Corporation and/or applicable Affiliated Corporation for the purposes of the Plan and approved by the Israeli
tax authorities, pursuant to and in accordance with the provisions of Section 102.

 

		1.10	“102 Trustee Option” – an Option
granted through a Trustee in accordance with and pursuant to Section 102.

 

     

     

    

 

		2.	General

 

		2.1	The purpose of this Sub-Plan is to establish certain rules
and limitations applicable to Options granted to Grantees, the grant of Options to whom (or the exercise thereof by whom) are
subject to taxation by the Israeli Income Tax (“Israeli Grantees”), in order that such Options may comply with
the requirements of Israeli Law, including, if applicable, Section 102.

 

		2.2	The Plan and this Sub-Plan are complementary to each other
and shall be read and deemed as one. In the event of any contradiction, whether explicit or implied, between the provisions of
this Sub-Plan and the Plan, the provisions of this Sub-Plan shall prevail with respect to Options granted to Israeli Grantees.

 

		2.3	Options may be granted under this Sub-Plan in one of the
following tax tracks, at the Corporation’s discretion and subject to applicable restrictions or limitations as provided
in applicable Law, including without limitation any applicable restrictions and limitations in Section 102 regarding the eligibility
of Grantees to each of the following tax tracks, based on their capacity and relationship towards the Corporation:

 

			(i) 102 Trustee Options - in such tax track as determined
in accordance with the Election; or (ii) 102 Non-Trustee Options; or (iii) 3(i) Options.

 

			For avoidance of doubt, the designation Options to any
of the above tax tracks shall be subject to the terms and conditions set forth in Section 102.

 

		3.	Administration

 

Without derogating from
the powers and authorities of the Board detailed in the Plan, the Board shall have the full and final power and, in its discretion,
without the need for shareholders approval, unless such approval is required to comply with applicable Laws, to administer this
Addendum and to take all actions related hereto and to such administration, including without limitation the performance, from
time to time and at any time, of any and all of the following:

 

		3.1	the determination of the specific tax track (as described
in Section 2.3 above) in which the Options are to be issued.

 

		3.2	the Election;

 

		3.3	the appointment of the Trustee;

 

		3.4	the adoption of forms of Options Agreements, to be applied
with respect to Israeli Grantees, incorporating and reflecting, inter alia, relevant provisions regarding the grant of
Options in accordance with this Sub-Plan, and the amendment or modification from time to time of the terms thereof.

 

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		4.	102
                                         Trustee Options

 

		4.1	Grant in the Name of Trustee:

 

		a	Notwithstanding anything to the contrary in the Plan, 102
Trustee Options granted hereunder shall be granted to, and the Exercised Shares issued pursuant to the exercise thereof and all
rights attached thereto (including bonus shares), issued to, the Trustee, and they shall be registered in the name of the Trustee,
who shall hold them in trust until such time as they are released by the transfer or sale thereof by the Trustee. In the case
the requirements of Section 102 for 102 Trustee Options are not met, then the 102 Trustee Options may be regarded as 102 Non-Trustee
Option, all in accordance with the provisions of Section 102.

 

		b	Notwithstanding anything to the contrary in the Plan, the
Date of Grant of a 102 Trustee Option shall be the date determined by the Board to be the effective date of the grant of the 102
Trustee Options to a Grantee, or, if the Board has not determined such effective date, the date of the resolution of the Board
approving the grant of such Options, which in the case of 102 Trustee Options shall not be before the lapse of 30 days from the
date upon which the Plan is first submitted to the relevant Israeli Tax Authorities.

 

		4.2	Exercise of 102 Trustee Options:

 

		a	Unless other procedures shall be determined from time to
time by the Board and notified to the Grantees, the mechanism of exercising vested 102 Trustee Options shall be in accordance
with the provisions of the Plan, except that any notice of exercise of 102 Trustee Options shall be made in such form and method
in compliance with the provisions of Section 102 and shall also be delivered in copy to the authorized representative of the Affiliated
Corporation with which the Grantee is employed and/or engaged, if applicable, and to the Trustee.

 

		4.3	Restrictions on Transfer:

 

		(a)	102 Trustee Options and the Exercised Shares issued pursuant to the exercise thereof, and all rights
attached thereto (including bonus shares), shall be held by the Trustee for such period of time as required by the provisions of
Section 102 applicable to Options granted through a Trustee in the applicable tax track, as per the Election (the “Restricted
Period”).

 

		(b)	Subject to the provisions of Section 102 and any rules or regulation or orders or procedures promulgated
thereunder, the Israeli Grantee shall provide the Corporation and the Trustee with a written undertaking and confirmation under
which the Israeli Grantee confirms that he/she is aware of the provisions of Section 102 and the Elected tax track and agrees to
the provisions of the Trust Note executed between the Corporation and the Trustee, and undertakes not to release, by sale or transfer,
the 102 Trustee Options, and the Exercised Shares issued pursuant to the exercise thereof, and all rights attached thereto (including
bonus shares) prior to the lapse of the Restricted Period. The Israeli Grantee shall not be entitled to sell or release from trust
the 102 Trustee Options, nor the Exercised Shares issued pursuant to the exercise thereof, nor any right attached thereto (including
bonus shares), nor to request the transfer or sale of any of the same to any third party, before the lapse of the Restricted Period.
Notwithstanding the above, if any such sale or transfer occurs during the Restricted Period, the sanctions under Section 102 of
the Ordinance and under any rules or regulation or orders or procedures promulgated thereunder shall apply to and shall be borne
by such Israeli Grantee.

 

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		(c)	Without derogating and subject to the above, and to all other applicable restrictions in the Plan,
this Sub-Plan, the applicable Option Agreement and applicable Law, the Trustee shall not release, by sale or transfer, the Exercised
Shares issued pursuant to the exercise of the 102 Trustee Options, and all rights attached thereto (including bonus shares) to
the Israeli Grantee or to any third party to whom the Israeli Grantee wishes to sell them (unless the contemplated transfer is
by will or laws of descent) unless and until the Trustee has either (a) withheld payment of all taxes required to
be paid upon the sale or transfer thereof, if any, or (b) received confirmation either that such payment, if any,
was remitted to the tax authorities or of another arrangement regarding such payment, which is satisfactory to the Corporation
and the Trustee. For the removal of doubt, it is clarified that the Trustee may release by sale or transfer to a third party only
Exercised Shares (and not Options).

 

	4.4	Rights as Stockholder:

 

			Without derogating from the provisions of the Plan, it
is hereby further clarified that with respect to Exercised Shares issued pursuant to the exercise of 102 Trustee Options, as long
as they are registered in the name of the Trustee, the Trustee shall be the registered owner of such shares of stock.

 

	4.5	Bonus Shares:

 

			All bonus shares to be issued by the Corporation, if any,
with regard to Exercised Shares issued pursuant to the exercise of 102 Trustee Options, while held by the Trustee, shall be registered
in the name of the Trustee; and all provisions applying to such Exercised Shares shall apply to bonus shares issued by virtue
thereof, if any, mutatis mutandis. Said bonus shares shall be subject to the Restricted Period of the Exercised Shares
by virtue of which they were issued.

 

	4.6	Voting: 

 

			Without derogating from the provisions of Section 10.2
of the Plan, with respect to Exercised Shares of 102 Trustee Options, such Exercised Shares shall be voted in accordance with
the provisions of Section 102.

 

	4.7	Conditions of Issuance:

 

			Without derogating from the provisions of Section 7.6 of
the Plan, and in addition thereto, the arrangements with the tax authorities referred to therein shall, in the event of 102 Trustee
Options also need to be satisfactory to the Trustee.

 

		5.	102
                                         Non-Trustee Options

 

		5.1	102 Non-Trustee Options granted hereunder shall be granted
to, and the Exercised Shares issued pursuant to the exercise thereof, issued to, the Israeli Grantee.

 

		5.2	Without derogating and subject to the above, and to all
other applicable restrictions in the Plan, this Sub-Plan, the applicable Option Agreement and applicable Law, the Exercised Shares
issued pursuant to the exercise of the 102 Non-Trustee Options, and all rights attached thereto (including bonus shares) shall
not be transferred unless and until the Corporation has either (a) withheld payment of all taxes required to be
paid upon the sale or transfer thereof, if any, or (b) received confirmation either that such payment, if any, was
remitted to the tax authorities or of another arrangement regarding such payment, which is satisfactory to the Corporation.

 

		5.3	An Israeli Grantee to whom 102 Non-Trustee Options are
granted must provide, upon termination of his/her employment, a surety or guarantee to the satisfaction of the Corporation, to
secure payment of all taxes which may become due upon the future transfer of his/her Exercised Shares to be issued upon the exercise
of his/her outstanding 102 Non-Trustee Options, all in accordance with the provisions of Section 102.

 

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		6.	3(i)
                                         Options

 

		6.1	3(i) Options granted hereunder shall be granted to, and
the Exercised Shares issued pursuant thereto issued to, the Israeli Grantee.

 

		6.2	Without derogating and subject to the above, and to all
other applicable restrictions in the Plan, this Sub-Plan, the applicable Option Agreement and applicable Law, the Exercised Shares
issued pursuant to the exercise of the 3(i) Options, and all rights attached thereto (including bonus shares) shall not be transferred
unless and until the Corporation has either (a) withheld payment of all taxes required to be paid upon the sale
or transfer thereof, if any, or (b) received confirmation either that such payment, if any, was remitted to the
tax authorities or of another arrangement regarding such payment, which is satisfactory to the Corporation.

 

		6.3	The Corporation may require, as a condition to the grant
of the 3(i) Options, that an Israeli Grantee to whom 3(i) Options are to be granted, provide a surety or guarantee to the satisfaction
of the Corporation, to secure payment of all taxes which may become due upon the future transfer of his/her Exercised Shares to
be issued upon the exercise of his/her outstanding 3(i) Options.

 

		7.	Tax
                                         Consequences

 

			Without derogating from and in addition to any provisions
of the Plan, any and all tax and/or other mandatory payment consequences arising from the grant or exercise of Options, the payment
for or the transfer or sale of Exercised Shares, or from any other event or act in connection therewith (including without limitation,
in the event that the Options do not qualify under the tax classification/tax track in which they were intended) whether of the
Corporation, any Affiliated Corporation, the Trustee or the Israeli Grantee, shall be borne solely by the Israeli Grantee. The
Corporation, any applicable Affiliated Corporation, and the Trustee, may each withhold (including at source), deduct and/or set-off,
from any payment made to the Grantee, the amount of the taxes and/or other mandatory payments the of which is required with respect
to the Options and/or Exercised Shares. Furthermore, each Israeli Grantee shall indemnify the Corporation, any applicable Affiliated
Corporation and the Trustee, or any one thereof, and hold them harmless from any and all liability for any such tax and/or other
mandatory payments or interest or penalty thereupon, including without limitation liabilities relating to the necessity to withhold,
or to have withheld, any such tax and/or other mandatory payments from any payment made to the Israeli Grantee.

 

			Without derogating from the aforesaid, each Israeli Grantee
shall provide the Corporation and/or any applicable Affiliated Corporation with any executed documents, certificates and/or forms
that may be required from time to time by the Corporation or such Affiliated Corporation in order to determine and/or establish
the tax liability of such Israeli Grantee.

 

			Without derogating from the foregoing, it is hereby clarified
that the Israeli Grantee shall bear and be liable for all tax and other consequences in the event that his/her 102 Trustee Option
and/or the Exercised Shares issued pursuant to the exercise thereof are not held for the entire Restricted Period, all as provided
in Section 102.

 

			The Corporation and or when applicable the Trustee shall
not be required to release any Share Certificate to a Grantee until all required payments have been fully made.

 

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		8.	Currency Exchange Rates

 

		a	Except as otherwise determined by the Board, all monetary
values with respect to Options granted pursuant to this Sub-Plan, including without limitation the Fair Market Value and the exercise
price of any Option, shall be stated in United States Dollars. In the event that the exercise price is in fact to be paid in New
Israeli Shekels, at the sole discretion of the Board, the conversion rate shall be the last known representative rate of the US
Dollar to the New Israeli Shekels on the date of payment.

 

		9.	Subordination to the Ordinance

 

		9.1	It is clarified that the grant of the 102 Trustee Options
hereunder is subject to the approval by the applicable tax authorities of the Plan, this Sub-Plan and the Trustee, in accordance
with Section 102.

 

		9.2	Any provisions of the Section 102 or section 3(i) of the
Ordinance and/or any of the rules or regulations promulgated thereunder, which is not expressly specified in the Plan or in the
applicable Option Agreement, including without limitation any such provision which is necessary in order to receive and/or to
keep any tax benefit, shall be deemed incorporated into this Sub-Plan and binding upon the Corporation, and applicable Affiliated
Corporation and the Israeli Grantee.

 

		9.3	With regards to 102 Trustee Option, the provisions of the
Plan and/or this Sub-Plan and/or the Option Agreement shall be subject to the provisions of Section 102 and the permit of the
Tax Assessing Officer as defined in the Ordinance, and the said provisions and permit shall be deemed an integral part of the
Plan and of this Sub-Plan and of the Option Agreement.

 

		9.4	The Options, the Plan, this Sub-Plan and any applicable
Option Agreements are subject to the applicable provisions of the Ordinance, which shall be deemed an integral part of each, and
which shall prevail over any term that is inconsistent therewith.

 

 

-6-Exhibit

EXHIBIT 10.31

AMENDMENT TO RETENTION AGREEMENT 
This Amendment (the “Amendment”) to the Retention Agreement (the “Agreement”) dated March 26, 2007, between Dollar Tree, Inc. (formerly, Dollar Tree Stores, Inc.) (the “Company”) and Gary Philbin (the “Executive”), as amended, is made and entered into as of this 31st day of October, 2018, by and between the Company and the Executive.  Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed thereto in the Agreement.
1.Section 409A Clarifications.  Section 2(a)(iii) of the Agreement is hereby amended to add “in accordance with the Company’s normal payroll practices in effect on the Date of Termination” at the conclusion of the final sentence thereof. 
2.    No Duplication of Benefits.  The Agreement is hereby amended to add the following proviso at the end of Section 2(e) thereof: “provided that the Severance Payment shall be reduced by any amounts previously paid to you as of the Change in Control Date under the Executive Agreement (as defined below)),” and Section 2(g) is hereby amended to restate the clause following the final comma thereof as follows: “except as specifically provided in (i) clause (ii) of the last sentence of Section 2(b) and (ii) Section 2(e)(B).”  Additionally, the Agreement is hereby amended to add the following Section 2(i): 
(i)    No Duplication of Benefits.  If you incur an Involuntary Termination during the Term and become entitled to the payments and benefits set forth in this Section 2, you shall not be entitled to any additional severance compensation or salary continuation benefits under any other individual agreement with the Company or any Company severance plan or policy in connection with such Involuntary Termination, including any Executive Agreement (the “Executive Agreement”), you may enter into with the Company.  For the avoidance of doubt, nothing in this Agreement shall limit your rights with respect to any of your vested benefits under any plan, policy, agreement or arrangement of the Company (including the Dollar Tree Retirement Savings Plan).
3.    280G Cutbacks.  The parties agree that (i) in implementing any reduction of Payments under Section 3(a) of the Agreement, such reduction shall be made in the following order:  (1) cash Payments that may not be valued under Treas. Reg. § 1.280G-1, Q&A-24(c) (“24(c)”), (2) equity-based Payments that may not be valued under 24(c), (3) cash Payments that may be valued under 24(c), (4) equity-based Payments that may be valued under 24(c) and (5) other types of benefits (with respect to each such category, such reduction shall occur first with respect to Payments that are not “nonqualified deferred compensation” within the meaning of Section 409A of the Code and next with respect to Payments that are “nonqualified deferred compensation,” in each case beginning with Payments that are to be paid the farthest in time from the Accounting Firm’s determination) and (ii) the Company shall cooperate with the Executive in good faith in valuing, and the Accounting Firm shall take into account the value of, services provided or to be provided by the Executive (including any agreement to refrain from performing services pursuant to a covenant not to compete or similar covenant, before, on or 

after the date of a change in ownership or control of the Company (within the meaning of Q&A- 2(b) of Treas. Reg. § 1.280G-1), such that payments in respect of such services may be considered reasonable compensation within the meaning of Q&A-9 and Q&A-40 to Q&A-44 of Treas. Reg. § 1.280G-1 and/or exempt from the definition of the term “parachute payment” within the meaning of Q&A-2(a) of Treas. Reg. § 1.280G-1in accordance with Q&A-5(a) of Treas. Reg. § 1.280G-1.  
4.    Update to Competitor List.  Family Dollar Stores, Inc. is hereby removed from the definition of “Competitor” in the Agreement.
5.    Updated Equity Plan Reference.  The definition of “Long-Term Plans” in the Agreement is hereby restated as follows:  
“Long-Term Plans” shall mean the Company’s 2011 Omnibus Incentive Plan, and any other plan or arrangement of the Company applicable to you that provides for the grant of long-term equity incentive compensation.
6.    Updated Position.  The reference to “Chief Operating Officer” in clause (i) of the definition of “Good Reason” is hereby replaced with “Chief Executive Officer” and the definition of Multiplier is hereby restated as follows:  “‘Multiplier’ shall mean 2.5.”
7.    Section 409A.   Section 10 is amended to clarify that the first sentence thereof applies only to amounts that constitute “nonqualified deferred compensation” within the meaning of Section 409A of the Code and to add the following new paragraph at the conclusion of such section: “All payments to be made upon a termination of your employment under this Agreement that constitute ‘nonqualified deferred compensation’ within the meaning of Section 409A of the Code may only be made upon a ‘separation from service’ under Section 409A of the Code.  In no event may you, directly or indirectly, designate the calendar year of any payment under this Agreement.”
8.    Except as expressly amended by this Amendment, all terms and conditions of the Agreement remain in full force and effect and are unmodified hereby.

IN WITNESS WHEREOF, the Executive has hereunto set the Executive’s hand, and the Company has caused these presents to be executed in its name on its behalf, all as of the day and year first above written.
EXECUTIVE                    DOLLAR TREE, INC. and its subsidiaries

By: /s/ Gary Philbin                By: /s/ Bob Sasser            
Name:     Gary Philbin                Name:     Bob Sasser 
Title:     President and                Title:     Executive Chairman
Chief Executive Officer
Dollar Tree, Inc.

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