Document:

Exhibit 4.10

      

    

    

    

    
      [translator’s note: each page is signed by both parties]

    

    

    

    ADDENDUM NUMBER 2 TO UNPROTECTED TENANCY AGREEMENT EXECUTED IN 

    FEBRUARY 2018

     

    Made and executed in Yokneam on January __, 2020

     

    	
            Between:

          	
            Shaar Yokneam, Registered Limited Partnership

          	 
	 	
            Partnership number 550014666

          	 
	 	
            by its authorized signatories

            Itai Kaplan, ID 058768615

            and Yael Gross, ID 55984280

          	 
	 	
            of which address for the purpose of this Addendum is:

            Shaar Yokneam Complex

            28 HaKidma Street, Yokneam Ilit

            Hereinafter referred to as: the “Lessor”

          	 
	 	 	
            Party of the first part;

          
	
            and:

          	
            INMODE Ltd, PC 51-407361-8

          	 
	 	
            by its authorized signatories

            Moshe Mizrahi, ID 051825396

          	 
	 	
            who are authorized to sign on behalf of the Company and bind it

          	 
	 	
            of which address for the purpose of this Addendum is:

            Tavor Building, Shaar Yokneam, P.O. Box 533, Yokneam

            Hereinafter referred to as: the “Tenant”

          	 
	 	 	
            Party of the second part.

          

    

    

    
      	
              
                WHEREAS

              

            	
              
                The Lessor and the Tenant signed a tenancy agreement in February 2018 including appendices and attachments (hereinafter: the
                  "Original Tenancy Agreement") for leasing areas and parking spaces in a complex known as Shaar Yokneam (hereinafter: the "Current Leasehold" and the “Complex”,

                  respectively), and the Lessor and the Tenant signed in January 2019 an addendum for extending the area of the Leasehold (hereinafter: the "Addendum to the Tenancy Agreement");

              

            
	 	
              

              

            	 
	
              

              

            	
              (The Original Tenancy Agreement together with the Addendum to the Tenancy Agreement and all the other additions, as the case
                may be, including this Addendum, and all their appendices and attachments, will hereinafter be referred to as the “Tenancy Agreement”);

            
	 	

            	 
	
              WHEREAS

            	
              The Tenant requested the Lessor again to lease also the Additional Area, as defined below, and also the additional Parking
                Spaces, as defined below, in their current situation (AS IS), thus increasing the Current Leasehold area, as defined above, and subject to meeting the Contingent Condition, as defined below, the Lessor acceded to the Tenant’s request – all
                in the manner and under the terms and conditions as stated in this Addendum below.

            

    

    

    
      
        

    

    Therefore the parties declared, stipulated and agreed as follows:

     

    	1.	
            Preamble and Appendices

          

     

    	

          	1.1.	
            The Preamble to this Addendum and its appendices constitute an integral part thereof and are binding as its other provisions.

          

     

    	

          	1.2.	
            The  section headings are for purposes of orientation and convenience and shall not be used for the interpretation of this Addendum.

          

     

    	

          	1.3.	
            All the terms and phrases stated in this Addendum shall have the meaning provided to them in the Tenancy Agreement, unless expressly stated otherwise.

          

     

    	

          	1.4.	
            This Addendum constitutes an integral part of the Tenancy Agreement.

          

     

    	

          	1.5.	
            Previous drafts of this Addendum shall have no weight in connection with the interpretation of the Tenancy Agreement and/or this Addendum or any of their stipulations.
              Such drafts will not be admissible in any judicial or quasi-judicial proceeding.

          

     

    	2.	
            Contingent Condition

          

     

    	

          	2.1.	
            The Tenant declares that it is aware that the additional area is not free, and that it is occupied by a current tenant and of which tenancy period has not yet concluded
              (hereinafter: the "Current Tenant"). It is agreed that the actual evacuation of the Current Tenant from the additional area will take place
              by February 29, 2020 (hereinafter: the "Effective Date") and that this constitutes a Contingent Condition to the effect of this Addendum.

          

     

    	

          	2.2.	
            Notwithstanding the foregoing, it is agreed that if the Current Tenant does not vacate the additional area from any person and object by the Effective Date as defined
              above, for any reason, the Effective Date will be deferred until the time the additional area is actually vacated by the Current Tenant and the other dates stated in this Addendum will be deferred accordingly. If the postponement exceeds 30
              (thirty) days, the Lessor may (but not must) terminate this Addendum in a notice in writing, unreservedly, unconditionally and irrevocably, which will be delivered to the Tenant (hereinafter: the "Termination Notice"). The Tenant hereby warrants and undertakes that it shall have no contention and/or demand and/or claim in connection with the deferment of the Effective Date
              and/or in connection with the termination of this Addendum by the Lessor, all as stated above in this section, as the case may be. In addition, the Tenant warrants and undertakes to continue performing all its obligations under the Tenancy
              Agreement without change.

          

     

    	3.	
            Increasing the Leasehold Area

          

     

    	

          	3.1.	
            Subject to performance of the terms and conditions set forth below in this Addendum, and to the fulfillment of the Contingent Condition as stated in Section 2 above,
              beginning on March 1, 2020 (hereinafter: the "Effective Date"), another area of approximately 300 sq.m. will be added to the Current
              Leasehold, located on the second floor of Tavor House in the Complex, as well as 5 parking spaces on the roof of Tavor House, all as delineated and marked in the blueprint that is hereby attached as Appendix A to this Addendum (hereinafter, respectively: the "Added Area"
              and the “Added Parking Spaces”).

          

     

    The Current Leasehold together with the Added Area will hereinafter be referred to as the “Leasehold”.

    
      
        

    

     

    The area of the Leasehold (namely, the Current Leasehold together with the Added Area is approximately 1,672 sq.m.
      gross.

     

    	

          	3.2.	
            Beginning on the Effective Date, the Added Area will be added to the Current Leasehold and will be deemed to be part of the Leasehold and all the provisions of this
              Tenancy Agreement will apply to it for all intents and purposes. Everywhere in the Tenancy Agreement that refers to the “Leasehold Area” and/or “Leasehold”, the meaning will be to the Current Leasehold together with the Added Area, except in
              respect of matters that have another express arrangement that is included in this Addendum.

          

     

    	

          	3.3.	
            For the avoidance of doubt, it is clarified that the Tenant leases the Added Area only for the purpose of expanding the Leasehold and for the Tenancy Purpose, as
              defined in the Tenancy Agreement.

          

     

    	

          	3.4.	
            The Added Area will be delivered to the Tenant AS IS, and its delivery shall constitute a confirmation on the part of the Tenant that the Added Area was delivered to it
              under the provisions of the Tenancy Agreement and to its full satisfaction and that it has and will have no claims and/or contentions and/or demands in all that pertains to it toward the Lessor and/or anyone on its behalf.

          

     

    	

          	3.5.	
            It is clarified that the Tenant is fully responsible and it undertakes to notify all parties involved, including the municipality and/or any authority and other
              entities, of its tenancy in the Added Area, including (but not limited to) updating the Tenant’s name as the holder of the Added Area, and the Lessor is not responsible in any way in this matter.

          

     

    	4.	
            Tenancy Period in the Added Area

          

     

    It is agreed that subject to the full and timely performance of all the conditions set forth in this Addendum, and to the fulfillment of the Contingent Condition stated in Section 2 above, the Tenant leases the Added Area from the Lessor for a tenancy
      period of 22 (twenty two) months, which will begin on the Effective Date, namely March 1, 2020 and will end on December 31, 2021 (hereinafter: the "Tenancy
        Period in the Added Area").

     

    	5.	
            Rent, Management Fees and other Payments for the Added Area

          

     

    	

          	5.1.	
            It is hereby agreed that beginning on the Effective Date, the Tenant undertakes to pay, in respect of the Added Area, monthly rent of ILS 15,345 (fifteen thousand three hundred forty five shekels) plus Consumer Price Index differentials (as defined in the Tenancy Agreement), which was published on
              September 15, 2019, or near that time, for the month of August 2019 (hereinafter: the "Basic Index"), plus VAT at the legal rate
              (hereinafter, together: the "Rent for the Tenancy Period in the Added Area").

          

     

    	

          	5.2.	
            Beginning on the Effective Date, the Tenant undertakes to pay for the Added Area monthly Management Fees in the amount of ILS 3,339 (three thousand three hundred thirty
              nine shekels), and this amount will be linked to the Basic Index, plus VAT at the legal rate.

          

     

    Notwithstanding the foregoing, the Lessor may at any time, at its sole discretion and for any reason, collect from
      the Tenant monthly management fees according to the stated in the Management Agreement (namely, on the basis of cost+15%, linked to the Basic Index plus VAT at the legal rate), all as stated in the Management Agreement. The Tenant undertakes that he
      will have no contention and/or claim and/or demand against the Lessor and/or the Management Company and/or anyone on their behalf in all that pertains to the management fees as stated above (including whether this amount is a fixed amount or if
      calculated according to the mechanism prescribed in the Management Agreement) (hereinafter: “Management Fees in respect of the Tenancy Period in the Added
        Area”).

    
      
        

    

     

    	

          	5.3.	
            For the Added Parking Spaces, the Tenant will pay the Lessor monthly parking fees in the total amount of ILS 300 (three hundred shekels) per each parking space, with
              this amount being linked to the Basic Index plus Vat at the legal rate (hereinafter: the "Parking Fee in respect of the Tenancy Period in the
                Added Area").

             

            

            
              For the sake of convenience, the Rent for the Tenancy Period in the Added Area, the Management Fees in respect of the
                Tenancy Period in the Added Area and the Parking Fees in respect of the Tenancy Period in the Added Area will hereinafter be referred to as “the Rent”.

            

          

     

    	

          	5.4.	
            The Rent will be paid in the manner and on the dates prescribed in respect of the payments for the Leasehold as stated in the Tenancy Agreement.

          

     

    	

          	5.5.	
            For the avoidance of doubt, it is clarified that all the other obligation and payments applying to the Tenant under the Tenancy Agreement, including (but not limited
              to) city taxes, electricity, water and any payment to a third party will apply to the Added Area, such that from the Effective Date and thereafter, the Tenant undertakes to make all these payments in respect of the Leasehold (that is, both
              the Current Leasehold and the Added Area).

          

     

    	6.	
            The Tenant’s Works for Increasing the Leasehold Area

          

     

    	

          	6.1.	
            The Tenant hereby warrants and undertakes a fundamental obligation that beginning on the Effective Date, he will carry out solely at its own expense and liability all
              the works required for adaptation of the Leasehold for its purposes and needs, including electric works for connecting the Added Area to the Leasehold, in a manner that the electricity mains feeding the Leasehold will be in one electric
              panel.

          

     

    	

          	6.2.	
            The Tenant warrants and undertakes that the Tenant’s works noted above in Section 6.1 will be performed and paid in accordance with the provisions of the Tenancy
              Agreement and according to the guidelines of the tenant’s works as will be delivered to the Tenant from the Lessor and/or anyone on its behalf.

          

     

    	7.	
            Insurance and Security

          

     

    It is agreed that additional stipulations for the entry into effect of this Addendum is performance of the
      following fundamental obligations, as follows:

     

    Insurance

     

    	

          	7.1.	
            The Tenant warrants and undertakes that the insurance policies he undertook to make under the Tenancy Agreement, and in accordance with the requisite changes as stated in Section 7.3 below, will be extended to include the Added Area during the entire tenancy period.

          

     

    
      
        

    

    	

          	7.2.	
            The Tenant will present the certificates of insurance to the Lessor as required, and no later than the date of signing this Addendum. It is hereby clarified that
              failure to produce the certificates of insurance does not exempt the Tenant from its insurance obligation, as stated in the insurance sections and appendices of the Tenancy Agreement.

          

     

    	

          	7.3.	
            Without derogating from the Tenant’s liability under the Tenancy Agreement or the law, the Tenant undertakes to take out and maintain insurance as requisite from the
              statements of this section and the insurance specifications noted in it, and it is the obligation of the Tenant to inform his insurance agent and insurer of their content, including the obligation to maintain them by the Tenant.

          

     

    	

          	7.3.1.	
            In all that pertains to the receipt of an authorization to perform works in the Leasehold, should any works be performed in the Leasehold by the Tenant or for the
              Tenant prior to the Tenant’s initial occupancy of the Leasehold and/or at any time during the tenancy period, the Tenant warrants and undertakes to take out and maintain a contract works insurance policy in the name of the Tenant, contractors
              and subcontractors, the Company and the Management Company under the terms stated in the insurance appendix that is attached to this Agreement and constitutes an integral part thereof and marked as Appendix B1 (hereinafter: the "Tenant’s Work Insurance Specification")
              with a duly authorized Israeli insurance company in Israel (hereinafter: the "Tenant’s Works Insurance”).

          

     

    	

          	7.3.2.	
            Without derogating from the Tenant’s liability under this Agreement or any law, the Tenant undertakes to take out and maintain, through a duly authorized Israeli
              insurance company, the insurance policies listed in the insurance specification that is attached to this Agreement and constitutes an integral part thereof and marked as Appendix B2 (hereinafter, respectively: the "Tenant’s Standing Insurance Specification" and “Tenant’s Standing Insurance Policies”) in all that pertains to the Leasehold and the Tenant’s activity therein.

          

     

    The Tenant’s Works Insurance and the Tenant’s Standing Insurance Policies will hereinafter be referred to as the “Tenant’s Insurance Policies”).

     

    	

          	7.3.3.	
            Without needing any demand on the part of the Contract or the Management Company, the Tenant undertakes to furnish to the Company and the Management Company, no later
              than the date of commencement of works in the Leasehold, a certificate of the Tenant’s Works Insurance signed by its insurer (hereinafter: the "Certificate
                of the Tenant’s Works Insurance"). The Tenant represents and warrants that it is aware that furnishing the Certificate of Tenant’s Works Insurance is a contingent and preliminary condition for performance of any works in the
              Leasehold, and the Company or the Management Company will be permitted (although not required) to prevent the Tenant from carrying out any works in the Leasehold should such certificate not been produced before commencement of the works.

          

     

    	

          	7.3.4.	
            Upon request of the Company or the Management Company, the Tenant undertakes to furnish to the Company and the Management Company, within 5 days of the day of the
              request, a certificate of the Tenant’s Standing Insurance Policies, signed by its insurer (hereinafter: the "Certificate of the Tenant’s Standing
                Insurance Policies").

          

     

    
      
        

    

    	

          	7.3.5.	
            The Certificate of the Tenant’s Works Insurance and the Certificate of the Tenant’s Standing Insurance Policies will hereinafter be called, together, the “Certificates of Insurance”.

          

     

    	

          	7.3.5.1.	
            The Certificates of Insurance will at least include the following:

          

     

    	

          	1.	
            The certificate recipient are the Company and the Management Company.

          

     

    	

          	2.	
            The tenancy period will be indicated (including an extended maintenance period in respect of the Tenant’s works).

          

     

    	

          	3.	
            The activity, as stated in Section 2.2 above, will be indicated.

          

     

    	

          	4.	
            Extension of indemnification will include the certificate recipient as another insured.

          

     

    	

          	5.	
            A clause about another insured for the purpose of contractors and subcontractors engaged in the Tenant’s Works Insurance.

          

     

    	

          	6.	
            Priority clause according to which the insurer waives any demand from the insurer of the certificate recipient.

          

     

    	

          	7.	
            A clause according to which a change or cancellation of an insurance policy, except a change in favor of the certificate recipient, will enter into effect only 60 days
              after sending a notice to the certificate recipient of the change or the cancellation.

          

     

    	

          	7.3.5.2.	
            Furnishing the Certificates of Insurance by the Tenant as required in Sections 7.3.3, 7.3.4, 7.3.10 and 7.3.11 of this Agreement will be made only together with the
              form attached to this Agreement as Appendix B3, which constitutes an integral part thereof (hereinafter: the "Insurance Certificate Delivery Form"), signed by the Tenant.

          

     

    	

          	7.3.6.	
            It is agreed that the Tenant is permitted not to take out a consequential loss insurance policy, in full or in part, as stated in Section (4) of the Tenant’s Standing
              Insurance Specification, and the Tenant may also not take out property policy against risk of glass breakage, as stated in Section (4) of the Tenant’s Standing Insurance Specification. However, the waiver stated in Section 7.3.9 below will
              apply as if these policies were made in full.

          

     

    	

          	7.3.7.	
            If the Tenant believes that there is a need of another or complementary insurance for the Tenant’s works Insurance Specification and/or Tenant’s Standing Insurance
              Specification, the Tenant undertakes to take out and maintain the additional and/or the complementary insurance. The Tenant undertakes that in every such additional or  complementary insurance, a clause will be included for a waiver of the
              right of subrogation to the Company, the Management Company and any of their attorneys, but the waiver shall not apply in favor of a person who caused damage maliciously. The Tenant also undertakes that in any additional or complementary
              liability insurance, the name of the insured will be extended to include the Company and the Management Company, subject to a cross-liability clause, according to which the insurance is deemed to be made separately for each of the insured’s
              individuals.

          

     

    
      
        

    

    	

          	7.3.8.	
            The Tenant undertakes to update insurance amounts in respect of the policies made under Sections (1) and (4) of the Tenant’s Standing Insurance Specification, from time
              to time, so they always reflect the full value of the insured subject.

          

     

    	

          	7.3.9.	
            The Tenant exempts the Company, the Management Company and their attorneys as well as the other lessees, tenants and rightholders in the building (the other lessees,
              tenants and rightholders in the building will be hereinafter be referred to as the “Other Rightholders”), in whose tenancy agreements or in
              any other agreement which confers rights in the building on the Other Rightholders a corresponding exemption toward the Tenant is included from liability for an indemnifiable damage under the insurance policies made in accordance with Section
              (1) of the Tenant’s Works Insurance Specification, Sections (1) and (4) of the Tenant’s Standing Insurance Policies Specification, or damage which the Tenant was entitled for indemnification in respect thereof had it not been for the
              deductible payments stated in the policies). However, the exemption from liability will not apply to a person who caused damage maliciously.

          

     
      	

            	7.3.10.	
              
                At the request of the Company or the Management Company, the Tenant undertakes to furnish to the Company and to the Management Company, within 5 days of the
                  request, the Certificate of the Tenant’s Standing Insurance Policies in respect of its extension for another insurance period, upon every insurance period, as long as this Agreement is in effect.

              

            

    

     

    

    
      
        	

              	7.3.11.	
                
                  Every timer the Tenant’s insurer notifies the Company and/or the Management Company that a change or a cancellation of any of the Tenant’s policies is imminent,
                    the Tenant undertakes to renew that insurance and re-furnish a certificate of the insurance policy that was changed or cancelled as aforesaid, 30 days before the date of the aforesaid change or cancellation.

                

              

      

       
        
          	

                	7.3.12.	
                  
                    For the avoidance of doubt, it is clarified that failure to furnish the insurance certificates as stated in Sections 7.3.3, 7.3.4, 7.3.10 and 7.3.11 above will
                      not prejudice the Tenant’s obligations under this Agreement, including, and without derogating from the generality of the foregoing, any payment liability applying to the Tenant, and the Tenant undertakes to perform all its
                      obligations under the Agreement. It is hereby expressly agreed that the Company or the Management Company will be permitted (but not obligated) to prevent the Tenant from carrying out works in the Leasehold and/or receiving possession
                      in of the Leasehold and/or introducing property to the Leasehold and/or opening the Tenants business in the Leasehold and/or its activity in the Leasehold due to its failure to present the confirmations.

                  

                

        

         
          
            	

                  	7.3.13.	
                    
                      The Company and/or the Management Company are permitted to inspect the Certificates of Insurance furnished by the Tenant as stated in Sections 7.3.3, 7.3.4,
                        7.3.10 and 7.3.11 above, and the Tenant undertakes to make any change or amendment required in order to make them conform to the Tenant’s obligations as stated in this Agreement. The Tenant declares that the right to audit provided
                        to the Company and/or the Management Company in regard to the Certificates of Insurance and their right to order such changes as stated above does not impose on the Company and/or the Management Company or anyone on their behalf any
                        obligation or liability in all that pertains to the aforesaid Certificates of Insurance, the nature, scope or validity of the policies made according to the Certificates, or to the lack thereof, and it shall not derogate from any
                        liability assigned to the Tenant under this Agreement or any law.

                    

                  

          

           

        

      

    

    
      
        

    

    
      
         

        

        	

              	7.3.14.	
                
                  
                    The Tenant undertakes to comply with the terms of the policies he takes out, to pay the premiums in full and on time, and to see that the Tenant’s Standing
                      Insurance Policies are renewed from time to time as required and will remain in force throughout the tenancy period.

                  

                

              

      

       

    

    
      
        
          	

                	7.3.15.	
                  
                    
                      For the avoidance of doubt, it is hereby agreed that the extent of the insurance cover, including the limits of liability requisite in the insurance
                        specifications are a minimal requirement that is imposed on the Tenant. The Tenant represents, warrants and undertakes that he will be prevented from raising any contention and/or demand toward the Company or the Management Company
                        or anyone on their behalf in all that pertains to the extent of the insurance cover, including the limits of liability as stated above.

                    

                  

                

        

      

       
        
          
            	

                  	7.3.16.	
                    
                      
                        The Tenant states that he is aware that the Company or the Management Company are not required to maintain guards and other security measures in the
                          building or the Leasehold, and they do so, this will not create any obligation or liability to the Tenant. It is also expressly agreed that the Company and the Management Company will not be subject to the provisions of the Guards
                          Law, 5727-1967, including its appendices.

                      

                    

                  

          

        

         
          
            
              	

                    	7.3.17.	
                      
                        
                          The Company undertakes to take out and maintain, whether on its own or through the Management Company, for the duration of the Agreement, the insurance
                            policies listed below in this section with a duly authorized Israeli insurance company.

                        

                      

                    

            

             

          

        

      

    

    	

          	7.3.17.1.	
            Insurance covering those parts of the building owned by the Company (including the Leasehold’s building) against loss or damage due to the customary risks in extended
              fire insurance, including fire, smoke, lightning, explosion, earthquake, storm and hurricane, flood, liquid damage and cracking of pipes, damage by vehicles, damage by aircraft, riots, strikes, malicious damage and burglary damage. This
              policy will include a clause of a waiver of the right of subrogation in favor of the Tenant, but this waiver will not apply in favor of a person who caused the damage maliciously. For the avoidance of doubt, it is expressly agreed that such
              insurance will not include any contents and/or addition, improvement or extension made by the Tenant and/or on behalf of and/or for the Tenant and/or the Other Rightholders and will not include glazing, windows, glass partitions and glass
              doors , of which insurance obligation is on the Tenant, as stated in Section (1) of the Tenant's Standing Insurance Policies Specification.

          

     

    	

          	7.3.17.2.	
            Consequential loss insurance covering loss of rent and loss of management fees (as the case may be) due to damage that was caused to the parts of the building owned by
              the Company (including the Leasehold’s building) due to the risks listed in Section 7.3.17.1 above (excluding burglary), for a period of indemnity of 24 months. Such insurance will include a clause of a waiver of the right of subrogation in
              favor of the tenant, but such waiver will not apply in favor of a person who caused damage maliciously.

             

            

            
              It is agreed that the Company or the Management Company are permitted not to take out consequential loss insurance
                that covers loss of rent and loss of management fees as stated in this section 7.3.17.2 above, in full or in part, but the stated in Section 7.3.19 below will apply as if the insurance was made in full.

            

          

     

    
      
        

    

    

    

    
      
        
          	

                	7.3.18.	
                  
                    
                      
                        It is agreed that the Company may at its sole discretion take out additional insurance policies to those listed in Section 7.3.17 above.

                         

                        

                        
                          It is hereby expressly agreed that in making the insurance policies listed in Section 7.3.17 above, or the
                            additional insurance policies as aforesaid, will not increase the liability of the Company or the Management Company further to the stated in this Agreement or to derogate from the Tenant’s liability under the Agreement or the
                            law (except for the express statement in the closing clause of Section 7.3.19 below).

                        

                      

                    

                  

                

        

         

      

    

    
      
        
          	

                	7.3.19.	
                  
                    
                      
                        
                          
                            The Company exempts the Tenant, on its own behalf and on behalf of the Management Company, from liability for damage in respect of which any one of them
                              are entitled to indemnification under the insurance policies made in accordance with Sections 7.3.17.1 and 7.3.17.2 above (or to which indemnification they would be entitled were it not for the deductibles stated in the
                              policies). However, such exemption from liability will not apply in favor of a person who caused damage maliciously.

                             

                            

                            
                              Notwithstanding the foregoing, if an insurance incident occurs and it is covered under Sections
                                7.3.17.1 and 7.3.17.2 above, in circumstances in which the Tenant is liable under this Agreement and/or any law, the Tenant will bear the amount of the damage and/or the loss caused up to the amount of the deductible
                                payments under the policies.

                            

                          

                        

                      

                    

                  

                

        

         

      

    

    Securities

     

    	

          	7.4.	
            Notwithstanding the stated in the Tenancy Agreement, it is clarified and agreed that for the purpose of securing the Tenant’s obligation under the Tenancy Agreement and
              this Addendum, the Tenant shall furnish to the Lessor on the occasion of signing this Addendum a bank guarantee in the amount equal to the Rent and the management fees paid by the Tenant for three (3) months of tenancy, namely ILS 56,052
              (fifty six thousand fifty two shekels) plus VAT, with this amount being linked to the Basic Index, in the form attached to this Addendum as Appendix
                  G, in addition to the collateral furnished by the Tenant under the Tenancy Agreement (hereinafter: the "Additional Bank Guarantee").

          

     

    	

          	7.5.	
            The expiration date of the Additional Bank Guarantee will be in accordance with the provisions of the Tenancy Agreement for the duration of the entire tenancy period in
              the Added Area, all at the Tenant’s responsibility and its expense, and or securing all the Tenant’s obligations and charges during the tenancy in the Leasehold.

          

     

    
      
        

    

    	

          	7.6.	
            Without derogating from the foregoing, all the securities deposited by the Tenant under the provisions of the Tenancy Agreement shall be used by the Lessor and/or the
              Management Company and/or anyone on their behalf also to ensure the full and exact performance of all the Tenant’s obligations and charges under this Agreement and as they pertain to the Added Area.

          

     

    Authorization to Charge Account

     

    The authorization provided by the Tenant to the Lessor to charge the account under the Tenancy Agreement will also
      apply for the purpose of collecting payments that apply to the Tenant under this Addendum.

     

    	8.	
            General

          

     

    	

          	8.1.	
            All the other provisions of the Tenancy Agreement, if they are not expressly changed in this Addendum, will continue to be in force and shall bind the parties,
              including, but without derogation, in all that pertains to the Added Area, as the case may be and with the requisite changes, if any.

          

     

    	

          	8.2.	
            The stated in this Addendum does not impose on the Lessor and/or the Management Company any charge that is not imposed on them in the Tenancy Agreement and/or in any
              law and this does not derogate from any liability and/or obligation of the Tenant under the Tenancy Agreement and/or any law.

          

     

    	

          	8.3.	
            For the avoidance of doubt, it is clarified that the Tenant will not be permitted to offset any of his charges under the Tenancy Agreement and/or this Addendum,
              including, but not limited to, the Rent, on account of any monetary charges that the Lessor and/or the Management Company may be owing the Tenant, if any, by virtue of the Tenancy Agreement and/or this Addendum.

          

     

    	

          	8.4.	
            It is clarified and agreed by the parties that the stated in this Addendum does not constitute a waiver and/or forgiveness on the side of the Lessor and/or the
              Management Company of any contention and/or claim and/or demand by them toward the Tenant, including under the Tenancy Agreement and/or any law.

          

     

    	

          	8.5.	
            Any stipulation in the Tenancy Agreement that provided the Tenant with any exclusivity, as the case may be, is retrospectively null and void and shall no longer have
              effect.

          

     

    	

          	8.6.	
            Any breach of the provisions of this Addendum shall be deemed to be a breach of the Tenancy Agreement for all intents and purposes and shall provide the Lessor all the
              reliefs available to it under the Tenancy Agreement and/or any law for such breach.

          

     

    	

          	8.7.	
            In any case of a conflict between the provisions of the Tenancy Agreement (without this Addendum) and the provisions of this Addendum, the provisions of this Addendum
              will prevail.

          

     

    	

          	8.8.	
            This Addendum will enter into effect only after the parties have signed it and subject to the Contingent Condition above.

          

     

    
      
        

    

    

    

    In witness the parties have signed in the place and on the date stated at the head of this Addendum:

     

    	
              [seal and signature]  

              

          	 	
              [seal and signature]  

              

          
	
            Shaar Yokneam

            Limited Partnership

          	 	
            InMode Ltd.

            514073618

          

    

    

    Certification by the Tenant’s Attorney

     

    I the undersigned, ____________, Adv., hereby certifies that the Tenant is an existing and active corporation and that it made all the
      resolutions required for its contract in this Addendum under its Articles of Association; [I also certify] that the signatures above are those of Mr. _____________ (ID____________) and Mr. _____________ (ID____________), who are authorized to bind
      the Tenant by their signatures.

    
      
        

    

     

    APPENDIX A – THE LEASEHOLD’S BLUEPRINT

     

    [blank page]

    
      
        

    

     

    APPENDIX B1 – THE TENANT’S WORKS INSURANCE SPECIFICATION

     

    The Tenant shall take out and maintain a contract works insurance policy in the name of the Tenant, contractors, subcontractors, the
      Company and the Management Company, that will include all the insurance chapters stated below and all the extensions that are included in the policy, including an extended maintenance period of 24 months (hereinafter: the "Maintenance Period"), with the extent of cover not falling below the BIT form in effect at the time of taking out the insurance policy.

     

    	1.	
            Chapter 1 – a policy that covers the works in their full value (including materials supplied by the Lessor or the Management Company) against loss or damage caused
              during the insurance period and during the Maintenance Period for the purpose of performing obligations in respect of maintenance of the works (hereinafter: the "Maintenance Works") or discovery of damage to the works during the Maintenance Period due to a cause during the insurance period. For the avoidance of doubt, this Chapter includes a clause of waiving the right of
              subrogation toward the Company, the Management Company and anyone on their behalf as well as other lessees, tenants and other rightholders in the building (hereinafter, all the lessees, tenants and other rightholders will be referred to as
              the “Other Rightholders”), whose property insurance policies include a corresponding clause of waiver of the right of subrogation toward
              the Tenant or the agreements that confers the Other Rightholders rights in the building tenancy agreements include an exemption of liability toward the Tenant against loss or damage caused to the Other Rightholders’ property due to the risks
              that are customary in contract works insurance or in an extended fire policy, but such waiver will not apply to a person who caused damage maliciously. The Chapter also includes an express extension about coverage to property in the vicinity
              and to the property the works are performed on in the amount of ILS 350,000.

          

     

    	2.	
            Chapter 2 – Third party liability insurance that covers legal liability for bodily injury or damage to property of any person or entity in connection with the works
              during the insurance period and bodily injury and damage to property as aforesaid during the Maintenance Period in connection with the maintenance works or due to a cause during the insurance period, within the limits of liability as stated
              below. The Chapter includes a cross-liability clause according to which it is deemed as if made separately for each of the insured’s individuals. The Chapter expressly states that the Leasehold building is deemed to belong to a third party.

          

     

    Limit of liability: ILS ______________ per incident and cumulatively according to the Chapter (*).

     

    The Chapter is extended to include the following:

     

    	

          	a.	
            Subrogation claims of the National Insurance Institute.

          

     

    	

          	b.	
            Bodily injury caused due to the use of heavy machinery that is a motorized vehicle and is not subject to mandatory vehicle insurance.

          

     

    	

          	c.	
            Liability due to damage caused by vibrations and weakening of supports at a limit of liability of ILS 1,000,000 per incident.

          

     

    	

          	(*)	
            The limit of liability will be a sum equal to ILS 8,000 multiplied by the Leasehold area in sq.m., but the amount will not be less than ILS 400,000 and not more than
              ILS 4,000,000 per incident and cumulatively according to the Chapter.

          

     

    	3.	
            Chapter 3 – Employers liability insurance policy that covers liability due to bodily injury or a vocational illness that may be caused to workers who are employed in
              performing the works or the maintenance works while working and due to their work during the insurance period and during the Maintenance Period for the purpose of the maintenance works, at a liability limit of ILS 20,000,000 per claimant,
              incident and cumulatively under the Chapter. This policy does not exclude works in heights and in depths, work hours, lures and poisons, contractors, sub contractors and their employees and employment of youths. For the avoidance of doubt,
              the Chapter includes a waiver of the right of subrogation toward the Company, the Management Company and anyone on their behalf, but the waiver will not apply to a person who cause the insurance incident maliciously.

          

     

    The Policy will include the following
          terms and conditions:

     

    The Policy above precedes any policy taken out by the Company and/or the Management Company and the insurer waives any contention and/or
      demand in regard to sharing the Company’s insurance and/or the Management Company’s insurance. Failure to comply with the terms of the Policy and its stipulations in good faith by the Tenant and/or anyone on its behalf shall not derogate from the
      rights of the Company and/or the rights of the Management Company to be receive indemnity under the Policy. This Policy will not be terminated and will not be adversely modified during the insurance period except upon delivery of a notice in writing
      by registered mail to the Company and to the Management Company at least 60 days prior. The Tenant is solely liable for payment of the premiums for this Policy and bears the deductible payments applying to the policy. Gross negligence exclusion is
      void, but this voiding does not derogate from the rights of the Insurer and the obligations of the Tenant under the Insurance Contract Law, 5741-1981.

    
      
        

    

     

    APPENDIX B2 – THE TENANT’S STANDING INSURANCE POLICIES SPECIFICATION

     

    The Tenant shall take out and maintain insurance policies with the extent of cover not falling below the BIT form in effect at the time
      of taking out the insurance policy.

     

    	1.	
            “Extended Fire” Insurance Policy

          

     

    Insuring the Leasehold content, its glazing, windows, glass partitions and glass doors and any change, improvement
      and addition brought to the Leasehold and/or the building or for the Tenant (including equipment, furnishings, facilities and inventories), and any modification, improvement and addition to the Leasehold that were made or will be made by the Tenant
      or for him, in their full value, against loss or damage due to the customary risks in extended fire insurance, including fire, smoke, lightning, explosion, earthquake, storm and hurricane, flood, liquid damage and cracking of pipes, damage by
      vehicles, damage by aircraft, riots, strikes, malicious damage and burglary damage. This policy will include a clause of a waiver of the right of subrogation toward the Company, toward the building’s Management Company [if there is such,
      (hereinafter: the "Management Company")] and anyone on their behalf as well as towards other lessees, tenants and other rightholders in the
      building (hereinafter, all the lessees, tenants and other rightholders will be referred to as the “Other Rightholders”), whose property insurance
      policies include a corresponding clause of waiver of the right of subrogation toward the Tenant or the agreements that confers the Other Rightholders rights in the building tenancy agreements include an exemption of liability toward the Tenant
      against loss or damage caused to the Other Rightholders’ property due to the risks that are customary in extended fire insurance; but such waiver will not apply to a person who caused damage maliciously.

     

    	2.	
            Third Party Liability Insurance Policy

          

     

    Insuring the Tenant’s legal liability due to a bodily injury or damage to property that may be cause to the body or
      property of any person or entity in the Leasehold, the building or its vicinity, at a limit of liability as stated below. The Policy is not subject to any limitation for liability stemming from fire, explosion, panic, lifting, unloading and loading
      equipment, defective sanitary facilities, poisoning, any detrimental thing in food or drink, strike and shutdown, liability for and to contractors, subcontractors (of any rank) and their employees, animals, as well as subrogation claims from the
      National Insurance Institute. The Policy is extended to indemnify the Company and the Management Company for their liability as the owners and administrators of the Leasehold and also in respect of liability that may be imposed on any of them due to
      an act or omission of the Tenant or anyone on its behalf, subject to a cross-liability clause according to which, the insurance is deemed as if taken out for each of the Insured’s individuals. The limit of liability in the amount of: ILS ____________
      per incident and cumulatively under the Policy (*)

     

    	

          	(*)	
            The limit of liability will be a sum equal to ILS 14,000 multiplied by the Leasehold area in sq.m., but the amount will not be less than ILS 1,000,000 and not more than
              ILS 20,000,000 per incident and cumulatively according to the Chapter.

          

     

    	3.	
            Employer Liability Insurance Policy

          

     

    Insuring the Tenant’s liability to its employees due to bodily injury or a vocational illness that may be caused to
      any of them while and due to their work in the Leasehold, the building and its vicinity with a liability limit of ILS 20,000,000 per claimant, incident and cumulatively under the Chapter. This policy does not exclude works in heights and in depths,
      work hours, lures and poisons and employment of youths. The Policy is extended to indemnify the Company and the Management Company should it be claimed, in connection with a vocational accident or illness that any of them bears employer liability to
      any of the Tenant’s employees. In addition, the Policy includes a waiver of the right of subrogation toward the Company, the MCO and anyone on their behalf; however, the waiver will not apply to a person who caused the insurance incident maliciously.

    
      
        

    

     

    	4.	
            Consequential Loss Insurance Policy

          

     

    Insuring loss of gross profit due to loss or damage caused to the Insured’s property under Section 1 above or to the
      Leasehold or to the building consequent to any of the risks listed in Section 1 above, for an indemnification period of 24 months. The Policy includes a clause according to which the Insurer waives the right of subrogation toward the Company, the
      Management Company and anyone on their behalf as well as towards the Other Rightholders whose consequential loss insurance includes a corresponding clause of waiver of the right of subrogation toward the Tenant or the agreement that confers the Other
      Rightholders rights in the building includes a waiver of liability in favor of the Tenant due to consequential loss to the Other Rightholders due to the customary risks in extended fire insurance, but the waiver will not apply to a person who caused
      the insurance incident maliciously.

     

    The Policy will include the following
          terms and conditions:

     

    The Policy above precedes any policy taken out by the Company and/or the Management Company and the insurer waives any contention and/or
      demand in regard to sharing the Company’s insurance and/or the Management Company’s insurance. Failure to comply with the terms of the Policy and its stipulations in good faith by the Tenant and/or anyone on its behalf shall not derogate from the
      rights of the Company and/or the rights of the Management Company to be receive indemnity under the Policy. This Policy will not be terminated and will not be adversely modified during the insurance period except upon delivery of a notice in writing
      by registered mail to the Company and to the Management Company at least 60 days prior. The Tenant is solely liable for payment of the premiums for this Policy and bears the deductible payments applying to the policy. Gross negligence exclusion is
      void, but this voiding does not derogate from the rights of the Insurer and the obligations of the Tenant under the Insurance Contract Law, 5741-1981.

     

    [watermark: DRAFT]

     

    [Header on this page only:] Gornitzky & Co., Advocates; Draft dated December 25, 2019 for negotiation only, subject to the Lessor’s comments; does not bind the parties prior to their signing it; this
        draft does not constitute an offer or acceptance.

     

    [Header:] Gornitzky & Co., Advocates; Draft dated December 25, 2019 for negotiation only, subject to the Lessor’s comments; does not bind the parties prior to their signing it; this draft does not
        constitute an offer or acceptance.

    
      
        

    

     

    APPENDIX B3 – INSURANCE CERTIFICATE DELIVERY FORM

     

    Date: ______________

     

    Attn

     

    The Lessor _______________

     

    _________________________

     

    Re: Certificate of Insurance

     

    We hereby attach the Certificate of the Tenant’s Works Insurance / Tenant’s Standing Insurance Policies (please indicate the relevant
      certificate) signed by out Insurer as required in the Insurance Chapter of the Tenancy Agreement dated ______________ and hereby declare that for the purpose of receiving the Certificate of Insurance, we provided the content of the Insurance Chapter
      and the Insurance Specification to the insurance agent and to our Insurer.

     

    
      	
               

            	
              
                Sincerely

                [signature]

                Tenant’s Signature

              

            

    

    

    

     

    
      
        

    

    

    

    	
            [logo]

            SHAAR YOKNEAM

            Registered Limited Partnership

          	
            [logo]

            PARK OFER

            YOKNEAM

          

    

    

    PARKING SPACES DELIVERY PROTOCOL

    TO: INMODE LTD

     

    Made and executed on [handwritten] 02/11/2020

     

    	

          	1.	
            On [handwritten] 02/15/2020,  5 parking spaces on the roof of the Tavor [building] were delivered to InMode Ltd.

          

     

    	

          	2.	
            The parking spaces numbers are – 571, 572, 573, 574, 523

          

     

    	

          	3.	
            Attached is a blueprint of the parking spaces

          

     

    	

          	4.	
            Notes: The parking spaces were returned by Sigron Ltd.

          

     

    In witness the parties have signed

     

    	
            [signature]

          	 	
            [seal and signature]

          
	
            Shaar Yokneam – Limited Partnership

          	 	
            InMode Ltd.

            514073618

            P.O. Box 530 Yokneam 2069206

            InMode

          

     

    Main Office Park Ofer, Yokneam

    28 HaKidma 28, P.O. Box 58, Yokneam 2069207

    Telephone +972-4-969 [illegible] Fax [illegible]

    Email: yaelg@parknorth.co.il, gabiy@parknorth.co.il

     

    [file name]Exhibit 4.12

      

    

     

    COMPENSATION POLICY

      

    INMODE LTD.

     

    Compensation Policy for Executive Officers and Directors

     

    Last Updated: April 2, 2020

     

    
      
        

    

     

    Table of Contents

     

    	
             

          	
             

          	
            Page

          
	
             

          	
             

          	
             

          
	
            A.

          	
            Overview and Objectives

          	
            3

          
	
             

          	
             

          	 
	
            B.

          	
            Base Salary and Benefits

          	
            5

          
	
             

          	
             

          	 
	
            C.

          	
            Cash Bonuses

          	
            7

          
	
             

          	
             

          	 
	
            D.

          	
            Equity-Based Compensation

          	
            8

          
	
             

          	
             

          	 
	
            E.

          	
            Retirement and Termination of Service Arrangements (Excluding Directors)

          	
            10

          
	
             

          	
             

          	 
	
            F.

          	
            Exemption, Indemnification and Insurance

          	
            11

          
	
             

          	
             

          	 
	
            G.

          	
            Arrangements upon Change of Control

          	
            12

          
	
             

          	
             

          	 
	
            H.

          	
            Board of Directors Compensation

          	
            12

          
	
             

          	
             

          	 
	
            I.

          	
            Miscellaneous

          	
            13

          

     

    
      
        2 | Page

      

    

    
      
        

    

     

    	A.	
            Overview and Objectives

          

    

    

    	1.	
            Introduction

          

    

    

    This document sets forth the compensation policy for Executive Officers (as defined below) and directors (this “Compensation Policy” or “Policy”) of InMode Ltd. and its subsidiaries worldwide (respectively “InMode” and collectively, the “Group”), in accordance with the requirements of the Companies Law 5759-1999 (including the regulations promulgated thereunder, the “Companies
        Law”).

     

    Compensation is a key component of InMode’s overall human capital strategy to attract, retain, reward, and motivate highly skilled
      individuals that will enhance the Group’s value and otherwise assist the Group to reach its business and financial short and long term goals. Accordingly, the structure of this Policy was established to tie the compensation of each Executive Officer
      and director to the Group's goals and performance.

     

    For purposes of this Policy, “Executive Officers” shall mean “Office Holders” of InMode as
      such term is defined in Section 1 of the Companies Law, and executives of the subsidiaries of InMode worldwide who are directly subordinated to the CEO of InMode (in this Policy, the “CEO”), excluding directors of InMode.

     

    With respect to a person engaged both as a director in InMode and as an Executive Officer, in the event of a contradiction between
      the different provisions of this Policy which apply to Executive Officers and the provisions of this Policy which apply to directors, the provisions of this Policy which apply to such person's capacity as an Executive Officer shall govern.

    

    

    This Compensation Policy shall apply to compensation agreements and arrangements which will be approved after the date on which this
      Compensation Policy is approved by the general meeting of InMode’s shareholders and shall serve as InMode’s Compensation Policy for the maximum period of time permitted by applicable law.

     

    The Compensation Committee (upon its appointment in accordance with applicable law) and the Board of Directors of InMode (the “Compensation Committee” and “Board”, respectively) shall review and reassess the adequacy of this Policy from time to time, as required by the Companies Law.

     

    It should be clarified, that wherever reference is made to the required approvals in this Compensation Policy, such reference
      relates to the applicable law as of the date of approval of this Compensation Policy and in any case is subject to the provisions of sections 33 and 35 below.

    

    

    Each of the Executive Officers may be engaged as an employee and/or as an independent service provider (including through a company
      controlled by him or her, against the issuance of a tax invoice to the Company or the relevant Group entity), provided that if the Executive Officer is engaged as an independent service provider the total amount paid to him or her, excluding VAT,
      shall not exceed the maximum Employment Cost amounts with respect to Executive Officers, as applicable, who are engaged as employees as specified in this Policy.

     

    	2.	
            Objectives

          

    

    

    InMode’s objectives and goals in setting this Compensation Policy are to attract, motivate and retain highly experienced personnel
      who will provide leadership for the Group’s success and enhance InMode’s shareholders’ value, while supporting a performance culture that is based on merit, and rewards excellent performance in the short and long term, while recognizing InMode’s core
      values. To that end, this Policy is designed, among others:

     

    	

          	2.1.	
            To closely align the interests of the Executive Officers and directors with those of InMode’s shareholders in order to enhance shareholder value;

          

     

    
      
        
          3 | Page

        

      

    

    
      
        

    

    	

          	2.2.	
            To provide the Executive Officers and directors with a structured compensation package, while creating a balance between the fixed components, i.e., the base salaries and benefits, and the variable
              compensation, such as bonuses and equity-based compensation in order to minimize potential conflicts between the interests of Executive Officers and directors and those of the Group;

          

     

    	

          	2.3.	
            To strengthen the retention and the motivation of Executive Officers and directors in the short and long term.

          

     

    	

          	2.4.	
            This Compensation Policy was prepared taking into account the Group’s nature, size and business and financial characteristics.

          

     

    	3.	
            Compensation structure and instruments

          

     

    Compensation instruments under this Compensation Policy may include the following:

     

    	

          	●	
            Base salary;

          

     

    	

          	●	
            Benefits and perquisites;

          

     

    	

          	● 

          	
            Cash bonuses (short-to-medium term incentive);

          

     

    	

          	● 

          	
            Equity based compensation (medium-to-long term incentive); and

          

     

    	

          	● 

          	
            Retirement and termination of service arrangements payments.

          

     

    For the purposes of this Compensation Policy:

    

    

    “Base Salary” shall mean: gross salary, before contributions to social benefits;

    

    

    “Employment Cost” shall mean: any payment for the employment and/or engagement under a
      consultancy or service agreement, including contributions to social benefits, car and expenses of the use thereof, bonuses and any other benefit or payment as defined in the first Addendum “A” to the Companies Law.

     

    	4.	
            Overall Compensation - Ratio between Fixed and Variable Compensation

          

     

    This Policy aims to balance the mix of “fixed compensation”, comprised of Base Salary and benefits (“Fixed Compensation”) and “variable compensation”, comprised of cash bonuses and equity based compensation1 (excluding adjustment period/retirement
      bonuses, granted in accordance with section 21 below) (“Variable Compensation”) in order to, among other things, appropriately incentivize Executive Officers to meet InMode’s short and long term goals while
      taking into consideration the Group’s need to manage a variety of business risks.

     

    The total Variable Compensation of each Executive Officer shall not exceed 90% of the total compensation package of such Executive
      Officer on an annual basis. The Board believes that such range expresses the appropriate compensation mix in the event that all performance objectives are achieved and assumes that all compensation elements are granted with respect to a given year.

     

    It should be clarified, that the Fixed Compensation may constitute 100% of the total compensation package for an Executive Officer
      or director in any year (under circumstances in which a variable component will not be approved for that year and/or in the event of a failure to meet the set goals, if and when determined).

     

    

    
      

      1 Based on the fair value on the date of grant, calculated annually,
        on a linear basis.

       

      

      
        
          
            4 | Page

          

        

      

    

    
      
        

    

    

    

    	5.	
            Intra-Group Compensation Ratio

          

     

    In the process of drafting this Policy, InMode’s Board has examined the ratio between Employment Cost associated with the engagement
      of the Executive Officers and directors during the 2018 calendar year (the “Executive Officers Cost”) and the average and median employer cost associated with the engagement of the other employees of the Group
      during the same period (the “Other Employees Cost” and the “Ratio”, respectively). The Board believes that the current Ratio does not adversely impact the work
      environment in InMode. The following are the ratios as of the date of the approval of this Compensation Policy2:

     

    	
            Position

          	
             

          	
            Ratio between the

              Executive Officers Cost

              and the average Other

              Employees Cost

          	
             

          	
            Ratio between the

              Executive Officers Cost

              and the median Other

              Employees Cost

          	
             

          
	
            President North America

          	
             

          	
             

          	
            10.8

          	 	 	
            18

          	
             

          
	
            Other Executive Officers (average)

          	
             

          	
             

          	
            1.6

          	 	 	
            2.7

          	
             

          

    

    

    	B.	
            Base Salary and Benefits

          

     

    	6.	
            Base Salary

          

     

    	

          	6.1.	
            The Base Salary varies between Executive Officers, is individually determined by InMode (subject to the approvals of the Compensation Committee and the Board, and with respect to the CEO, also InMode’s general meeting of shareholders to
              the extent required by the Companies Law) and other entities in the Group and may be considered and adjusted by InMode and other entities in the Group (subject to the approvals of the abovementioned organs) on a periodic basis, according to,
              among others, the educational background, prior vocational experience, expertise and qualifications, role, business authorities and responsibilities, past performance and previous compensation arrangements of such Executive Officer, as well
              as the Group’s financial state and cash position and any requirements or restrictions prescribed by any applicable legislation, from time to time. When determining the Base Salary, InMode and other entities in the Group may also decide to
              consider, at the sole discretion of the Compensation Committee and the Board and as required, the prevailing pay levels in the relevant market, Base Salary and the total compensation package of comparable Executive Officers in the Group, the
              proportion between the Executive Officer’s compensation package and the salaries of other employees in the Group and specifically the median and average salaries and the effect of such proportions on the work relations in the Group.

          

     

    	

          	6.2.	
            Annual Base Salary for Executive Officers shall not exceed the amount specified in the table below:

          

     

    	
            The Executive Officer

          	
            Maximum Annual Base Salary

          
	
            CEO; President North America

          	
            $1, 000,000

          
	
            Other Executive Officers (excluding directors)

          	
            $500,000

          

    
       

      

      
        
 

    

    
      2 The above ratios are based on the Employment Cost during 2018 calendar year. In calculating the above ratios, the
        Employment Cost for each employee/Executive Officer was divided by the actual number of months such employee/Executive Officer was engaged by the Company during 2018 calendar year.

    

     

    

     

    
      
        
          5 | Page

        

      

    

    
      
        

    

     

    	7.	
            Benefits

          

     

    	

          	7.1.	
            In addition to the Base Salary, the following benefits may be granted to the Executive Officers (subject to the approvals of the Compensation Committee and the Board, and with respect to the CEO – also InMode’s general meeting of
              shareholders to the extent required by the Companies Law), in order, among other things, to comply with legal requirements. It shall be clarified, that the list below is not an exhaustive list and InMode and other entities in the Group
              (subject to the abovementioned required approvals) may grant to the Group's Executive Officers other similar, comparable or customary benefits, subject to applicable law. In addition, Executive Officers employed outside of Israel may receive
              other similar, comparable or customary benefits as applicable in the relevant jurisdiction in which they are employed.

          

     

    	

          	●	
            Vacation days in accordance with market practice and the applicable law, up to a cap of 30 days per annum;

          

     

    	

          	● 

          	
            Sick days in accordance with market practice and the applicable law; However, entities in the Group may decide to cover sick days from the first day;

          

     

    	

          	●	
            Convalescence pay according to applicable law;

          

     

    	

          	●	
            Medical insurance in accordance with market practice and applicable law;

          

     

    	

          	●	
            With respect to Executive Officers employed in Israel: monthly remuneration for a study fund (“Keren Hishtalmut”), and with reference to InMode’s practice and common market practice;

          

     

    	

          	●	
            Pension and savings - according to local market practices and legislation;

          

     

    	

          	●	
            Disability insurance - InMode and other entities in the Group may purchase disability insurance, according to applicable legislation.

          

     

    	

          	●	
            Various components that the Group may provide to all or part of its employees and/or its Executive Officers, such as: parking spaces, reimbursement for meals and accommodation expenses, vacations, Group events, etc.

          

     

    	

          	7.2.	
            InMode and other entities in the Group may offer additional benefits to its Executive Officers and directors, including but not limited to: communication, car and travel benefits, insurances and other benefits (such as newspaper
              subscriptions, academic and professional studies), etc., including their gross up.

          

     

    	

          	7.3.	
            InMode and other entities in the Group may reimburse its Executive Officers and directors for reasonable work-related expenses incurred as part of their activities, including without limitation, meeting participation expenses,
              reimbursement of business travel expenses, including a daily stipend when traveling and accommodation expenses. InMode and other entities in the Group may provide advance payments to its Executive Officers and directors in connection with
              work-related expenses.

          

     

    	8.	
            Signing Bonus

          

    

    

    At the discretion of the Compensation Committee and the Board (and with respect to the CEO- subject to the approval of InMode’s
      general meeting of shareholders to the extent required by the Companies Law), InMode and other entities in the Group may grant a newly recruited Executive Officer a signing bonus. Such bonus may be granted in cash, equity or a combination of both.
      The signing bonus will not exceed: (1) 50% of such Executive Officer’s annual Base Salary, if the signing bonus is granted in cash; (2) 100% of such Executive Officer’s annual Base Salary, if the signing bonus is granted in equity awards, as shall be
      determined according to acceptable valuation practices at the time of grant; (3) In case the signing bonus is a combination of cash and equity, its ceiling shall be proportional to the cash and equity components, calculated in accordance with the
      ratios mentioned in sections (1) and (2) above.

     

    

    
      
        
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    	C.	
            Cash Bonuses

          

    

    

    InMode (subject to the approvals of the Compensation Committee and the Board, and with respect to the CEO- also InMode’s general
      meeting of shareholders to the extent required by the Companies Law) and other entities in the Group may grant cash bonuses to its Executive Officers on a quarterly or annually basis, or on a shorter or longer period basis, in accordance with the
      principles detailed below.

     

    	9.	
            Annual Bonuses

          

     

    	

          	9.1.	
            The annual bonus that may be paid to the Executive Officers for any fiscal year shall not exceed three (3) annual Base Salaries.

          

     

    	

          	9.2.	
            CEO

          

     

    The annual bonus to the CEO will be based mainly on measurable criteria, and with respect to its less significant part shall be
      determined at the discretion of the Compensation Committee and the Board, in accordance with the following:

     

    

    	
            Position

          	
             

          	
            Group/Individual

              Performance Measures

          	
             

          	
            InMode’s Discretion

          
	
             

          	
             

          	
             

          	
             

          	
             

          
	
            CEO

          	
             

          	
            75%-100%

          	
             

          	
            0%-25%

          

     

    

    The measurable criteria and their relative weight shall be determined by the Compensation Committee and the Board in respect of each
      calendar year. These measurable criteria may include, inter alia, objectives relating to compliance with the Group’s work plans and with various budget objectives, including, inter alia, compliance with objectives relating to revenues, expenses, investments, etc., meeting various financial objectives, such as objectives relating to the annual profit (net profit, pre-tax profit, etc.) and the Group’s
      EBITDA, objectives relating to the recruitment and development of professional personnel, objectives relating to raising investments, debt, etc., objectives relating to the Group’s business operations, objectives relating to the realization of the
      Group’s assets, the acquisition of new activities and/or companies and objectives relating to an increase of the return on the Group’s assets.

     

    	

          	9.3.	
            Other Executive Officers (Excluding CEO)

          

     

    The Group may also award (subject to the approvals of the Compensation Committee and the Board) an annual bonus to its Executive
      Officers, due to their unique contribution to the Group. Such grant may be based, inter alia, on measurable criteria, based on the Group’s financial results, the scope of the Group’s business activity, the
      CEO’s opinion on the contribution of the Executive Officer to the Group, the distribution of the annual bonus over the year, etc. It should be clarified, that the annual bonus may be based in whole or in part on discretion, provided that it does not
      exceed the ceiling specified in section 9.1 above. The CEO shall be entitled to determine the abovementioned targets for each such an Executive Officer. Notwithstanding the foregoing, it is hereby clarified, that the grant of annual bonus to an
      Executive Officer, of up to three monthly Base Salaries, may be approved by the CEO in his/her discretion.

     

    	10.	
            Special Bonuses

          

    

    

    In addition to the annual bonus, InMode and other entities in the Group may grant Executive Officers and directors a special bonus
      as an award for special achievements (outstanding personal achievement, outstanding personal effort or outstanding Group’s performance, such as in connection with mergers and acquisitions, securities offerings, achieving target budget or business
      plan objectives under exceptional circumstances and special recognition in case of retirement), at the discretion of the Compensation Committee and the Board (and with respect to the CEO and directors- also InMode’s general meeting of shareholders to the extent required by the Companies Law) which shall not exceed twelve (12) monthly Base Salaries or twelve (12) Base Payments (as defined below), as applicable.

     

    

    
      
        
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    	11.	
            Additional Provisions Relating to Cash Bonuses

          

     

    	

          	11.1.	
            Pro Rata Payment 

          

    Should the employment or service of the Executive Officer terminate prior to the end of a fiscal year, InMode and other entities in
      the Group may pay the Executive Officer his/her pro-rata share of that fiscal year’s bonus, based on the period such Executive Officer was employed by the Group or has served in the Group.

     

    	

          	11.2.	
            Compensation Recovery (“Clawback”)

          

     

    	

          	11.2.1.	
            In the event of an accounting restatement, InMode and other entities in the Group shall be entitled to recover from its Executive Officers and directors the bonus compensation in the amount in which such bonus exceeded what would have been
              paid under the financial statements, as restated (“Compensation Recovery”), provided that a claim is made by InMode or the applicable Group entity prior to the third anniversary of the fiscal year end
              of the year in which the restated financial statements are issued.

          

     

    	

          	11.2.2.	
            Notwithstanding the aforesaid, the Compensation Recovery will not be triggered in the following events:

          

     

    	

          	● 

          	
            The financial restatement is required due to changes in the applicable financial reporting standards or law; or

          

     

    	

          	● 

          	
            The Group (subject to any required approval under applicable law) has determined that clawback proceedings in the specific case would be impossible, impractical or not commercially or legally efficient; or

          

     

    	

          	● 

          	
            The amount to be paid under the clawback proceedings is less than 10% of the relevant bonus received by the Executive Officer or director.

          

     

    	

          	11.2.3.	
            It shall be clarified, that InMode and the other entities in the Group shall not be entitled to Compensation Recovery with respect to equity-based compensation granted to its Executive Officers and
              directors.

          

     

    	

          	11.3.	
            Reduction or Postponement

          

    Without derogating from Section 36 below, in the event of the termination of office of an Executive Officer under circumstances in
      which he/she will not be entitled to severance pay, InMode (subject to the approvals of the Compensation Committee and the Board) and the other entities in the Group may revoke the entitlement of such an Executive Officer to an annual bonus and to
      all parts of the annual bonus which have not yet been paid to him.

    

    

    	D.	
            Equity-Based Compensation

          

     

    	12.	
            General and Objectives 

          

     

    	

          	12.1.	
            InMode (subject to the approvals of the Compensation Committee and the Board, and with respect to InMode’s directors and CEO – also InMode’s general meeting of shareholders to the extent required by
              the Companies Law) may grant from time to time equity-based compensation which will be individually determined and awarded according to, inter alia, the performance, educational background, prior
              business experience, qualifications, role and the personal responsibilities of the Executive Officer.

          

     

    	

          	12.2.	
            The main objectives of the equity-based compensation is to enhance the alignment between the Executive Officers’ and directors’ interests with the long term interests of InMode and its shareholders, and to strengthen the retention and the
              motivation of Executive Officers and directors in the medium-to-long term. In addition, since equity-based awards are structured to vest over time, their incentive value to recipients is aligned with longer-term strategic plans.

          

     

    
      
        
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          	12.3.	
            The equity based compensation offered by InMode is intended to be in a form of options exercisable into shares, restricted shares and/or other equity based awards, such as restricted share units (RSUs), in accordance with the Group’s
              incentive plan(s) in place as may be updated from time to time.3

          

     

    	13.	
            Fair Market Value

          

     

    The fair market value of the equity-based compensation for each Executive Officer during a fiscal year, shall
      not exceed 700% of his/her annual Base Salary, as shall be determined according to acceptable valuation practices at the time of grant.4

     

    	14.	
            Taxation Regime

          

     

    Subject to any applicable law, InMode may determine, at the discretion of the Compensation Committee and the
      Board (and with respect to InMode’s directors and CEO- also InMode’s general meeting of shareholders to the extent required by the Companies Law), the tax regime under which equity-based compensation may be granted, including a tax regime which will
      maximize the benefit to the Executive Officers and directors.

     

    	15.	
            Exercise Price

          

     

    The exercise price for each option shall not be less than the Fair Market Value (as such term is defined in the Group’s 2018
      Incentive Plan, as may be amended from time to time) of the underlying shares subject to the options.

     

    It is hereby clarified, that unless otherwise determined by InMode (subject to the approvals of the Compensation Committee and the
      Board, and with respect to InMode’s directors and CEO- also InMode’s general meeting of shareholders), and subject to the provisions of any applicable law, the exercise price of restricted shares and restricted share units (RSUs) is the par value of
      the share.

    

    

    Options, restricted shares and restricted share units (RSUs) may also be exercised by a method of “Cashless” exercise.

     

    The Board considered the possibility of determining a ceiling for the exercise value of the variable equity components and decided,
      taking into account the purpose of the equity-based compensation, not to set such a ceiling in this Policy.

     

    	16.	
            Vesting

          

     

    All equity-based incentives granted to Executive Officers and directors shall be subject to vesting periods in order to promote
      long-term retention of such recipients. Grants to Executive Officers and directors shall vest gradually over a period of at least one year. Such grants may be vested on a quarterly, semi-annual or an annual basis, or based on other time periods
      (which may not be necessarily equal), as determined by InMode (subject to the approvals of the Compensation Committee and the Board, and with respect to InMode’s directors and CEO- also InMode’s general meeting of shareholders to the extent required
      by the Companies Law). InMode (subject to the abovementioned required approvals) may condition the vesting of part or all of the equity-based incentives, for some or all of its Executive Officers and directors, upon the achievement of predetermined
      performance goals. InMode (subject to the abovementioned required approvals) may also set terms relating to vesting in connection with an Executive Officer or director leaving the Group (due to a dismissal, resignation, death or disability).

     

    

    
      
        
          
 

      

    

    
      3 The equity based compensation is based on the fair value on the date of grant, calculated annually, on a linear basis.

      4 Calculated annually, on a linear basis.

    

     

    

    
      
        
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    	17.	
            For details regarding ceilings with respect to director’s equity-based compensation see section 29 below.

          

     

    	18.	
            General

          

     

    All other terms of the equity awards shall be in accordance with the Group’s incentive plans and other related practices and
      policies. Accordingly, InMode may (subject to the approvals of the Compensation Committee and the Board, and with respect to InMode’s directors and CEO- also InMode’s general meeting of shareholders to the extent required by the Companies Law) extend
      the period of time for which an award is to remain exercisable and make provisions with respect to the acceleration of the vesting period of any Executive Officer’s or director's awards, including, without limitation, in connection with a corporate
      transaction involving a change of control, subject to any additional approval as may be required by the Companies Law.

    

    

    	E.	
            Retirement and Termination of Service Arrangements (Excluding Directors)

          

     

    	19.	
            Advanced Notice Period

          

     

    	

          	19.1.	
            InMode (subject to the approvals of the Compensation Committee and the Board, and with respect to the CEO- also InMode’s general meeting of shareholders to the extent required by the Companies Law) and other entities in the Group may
              provide each Executive Officer, pursuant to an Executive Officer’s employment or consultancy/service agreement and according to the Group’s decision per each case, a prior notice of termination of up to nine (9) months (the “Advance Notice Period”). During the Advance Notice Period, the Executive Officer may be entitled to all of the compensation elements, and to the continuation of vesting of his/her options, restricted
              shares, RSUs and/or any other equity based awards. 

          

     

    	

          	19.2.	
            During the Advance Notice Period, an Executive Officer will be required to keep performing his/her duties pursuant to his/her agreement with the Group, unless InMode (subject to the approvals of the Compensation Committee and the Board,
              and with respect to the CEO- also InMode’s general meeting of shareholders to the extent required by the Companies Law) or the relevant entity in the Group has waived the Executive Officer’s services to
              the Group during the Advance Notice Period and pay the amount payable in lieu of notice, plus the value of benefits.

          

     

    	

          	19.3.	
            In the event of a change of control in the Group, InMode (subject to the approvals of the Compensation Committee and the Board, and with respect to the CEO- also InMode’s general meeting of shareholders to the extent required by the
              Companies Law) and other entities in the Group may decide to extend the Advance Notice Period as provided in section 19.1 above (and the entitlement to compensation for such extended Advance Notice Period, accordingly) to up to two times the
              original Advance Notice Period of the Executive Officer.

          

     

    	20.	
            Adjustment Period/Retirement Bonus

          

     

    

    In addition to the Advance Notice Period, InMode (subject to the approvals of the Compensation Committee and the Board, and with
      respect to the CEO- also InMode’s general meeting of shareholders to the extent required by the Companies Law) and other entities in the Group may provide an additional adjustment period/retirement payment that will be determined, among other things,
      taking into consideration the Executive Officer’s seniority in the Group, performance during employment, contribution to InMode and the Group achieving its goals and the circumstances of retirement or termination. The maximum adjustment
      period/retirement bonus that may be paid to each Executive Officer shall be up to six (6) monthly Base Salaries and may only be granted to Executive Officers who have served in the Group for at least one year.

    

    

    
      
        
          10 | Page

        

      

    

    
      
        

    

    

    

    	21.	
            Additional Retirement and Termination Benefits

          

     

    InMode and other entities in the Group may provide additional retirement and terminations benefits and payments as may be required
      by applicable law (e.g., mandatory severance pay under Israeli labor laws), or which will be comparable to customary market practices.

    

    

    	F.	
            Exemption, Indemnification and Insurance

          

     

    	22.	
            Exemption

          

     

    InMode (subject to the approvals of the Compensation Committee and the Board, and with respect to InMode’s directors and CEO- also
      InMode’s general meeting of shareholders to the extent required by the Companies Law) and other entities in the Group may exempt in advance and retroactively its Executive Officers and directors, from any liability to the Group, in whole or in part,
      for damages in consequence of his or her duty of care vis-a-vis the Group, to the fullest extent permitted by applicable law and subject to the provisions of the relevant Group member’s Articles of Association.

     

    	23.	
            Indemnification

          

     

    InMode (subject to the approvals of the Compensation Committee and the Board, and with respect to InMode’s directors and CEO- also
      InMode’s general meeting of shareholders to the extent required by the Companies Law) and other entities in the Group may indemnify its Executive Officers and directors to the fullest extent permitted by applicable law and the relevant Group member’s
      Articles of Association, for any liability and expense that may be imposed on the Executive Officer or director, all subject to applicable law and the relevant Group member’s Articles of Association.

     

    	24.	
            Insurance

          

     

    	

          	24.1.	
            InMode (subject to the approvals of the Compensation Committee and the Board, and with respect to InMode’s directors and CEO- also InMode’s general meeting of shareholders to the extent required by the Companies Law) will provide
              “Directors’ and Officers’ Liability Insurance” (the “Insurance Policy”), as well as a “run off” insurance policy for its Executive Officers and directors as follows:

          

     

    	

          	● 

          	
            The annual premium to be paid by InMode shall not exceed $1.5 million for the aggregate coverage of the Insurance Policy;

          

     

    	

          	●	
            The limit of liability of the insurer shall be up to $30 million per event and in the aggregate in the insurance period;

          

     

    	

          	● 

          	
            The total deductible amounts shall not exceed $5 million;

          

     

    	

          	●	
            The Insurance Policy, as well as the limit of liability and the premium for each extension or renewal shall be approved by InMode, which may determine (subject to the approvals of the Compensation Committee and the Board, and with respect
              to InMode’s directors and CEO- also InMode’s general meeting of shareholders to the extent required by the Companies Law) that the sums are reasonable considering InMode’s and the Group's exposures, the scope of coverage and the market
              conditions and that the Insurance Policy reflects market terms, and does not materially affect the Group’s profitability, assets or liabilities;

          

     

    	

          	● 

          	
            The policy may also cover the liability of the controlling shareholders due to their positions as Executive Officers and/or directors in the Group, from time to time, provided that the coverage terms in this respect do not exceed those of
              the other Executive Officers and directors in the Group.

          

     

    
      
        
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    	G.	
            Arrangements upon Change of Control

          

     

    	25.	
            The following benefits may be granted to the Executive Officers and directors in addition to the benefits applicable in the case of any retirement or termination of service upon a “Change of Control” following of which the employment of
              the Executive Officer is terminated or adversely adjusted in a material way:

          

     

    	

          	25.1.	
            Vesting acceleration of outstanding options, restricted shares, restricted share units (RSUs) and/or other equity based awards.

          

     

    	

          	25.2.	
            Extension of the exercise period of options, restricted shares, restricted share units (RSUs) and/or other equity based awards for Executive Officers and directors for a period of up to five (5) years, following the date of termination of
              employment.

          

     

    	

          	25.3.	
            An Advance Notice Period, in accordance with section 19.3 above.

          

     

    	

          	25.4.	
            An Adjustment period/retirement bonus in accordance with section 20 above, of up to twelve (12) months of Employment Cost.

          

    

    

    	H.	
            Directors’ Compensation

          

     

    	26.	
            The compensation of InMode’s directors shall be in accordance with the amounts provided in the Companies Regulations (Rules Regarding the Compensation and Expenses of an External Director) of 2000, as amended by the Companies Regulations
              (Relief for Public Companies Traded in Stock Exchange Outside of Israel) - 2000, as such regulations may be amended from time to time, or in accordance with section 27 below, subject to any required approvals by applicable law.

          

     

    	27.	
            The compensation of InMode’s directors (including external directors and independent directors under the Companies Law, if any) shall not exceed the following:

          

     

    	

          	27.1.	
            Base payment of $45,000 per year (the “Base Payment”);

          

     

    	

          	27.2.	
            Chairman of the Board- an additional amount of $25,000 per year to the Base Payment;

          

     

    	

          	27.3.	
            Committee Chairman- an additional amount of $10,000 per year to the Base Payment;

          

     

    	

          	27.4.	
            Committee member- an additional amount of $5,000 per year to the Base Payment.

          

     

    	28.	
            In addition, the Group may engage with its directors (excluding external and independent directors under the Companies Law) for the receipt of consulting services and/or other special services, for a consideration of up to $1,000 per day,
              plus reasonable expense reimbursement. Such compensation shall be paid for a maximum of 6 days per year for each director.

          

     

    	29.	
            Directors may be granted equity-based compensation in accordance with applicable principles detailed in section D of this Policy, and subject to the provisions of the Companies Law.5

          

     

    Equity based-compensation granted to InMode’s directors, shall not exceed the following amounts (subject to any applicable law):6

     

    	

          	29.1.	
            Director: $300,000 per year (the “Equity Compensation”);

          

     

    	

          	29.2.	
            Chairman of the Board- an additional amount of $45,000 per year to the Equity Compensation;

          

     

    	

          	29.3.	
            Committee Chairman- an additional amount of $30,000 per year to the Equity Compensation;

          

     

    	

          	29.4.	
            Committee member- an additional amount of $15,000 per year to the Equity Compensation;

          

    

      

      
        5 The equity based compensation is based on the fair value on the date of grant, calculated annually, on a linear basis.

        6 Based on the fair value on the date of grant, calculated annually, on a linear basis.

         

        

        
          
            
              12 | Page

            

          

        

      

    

    
      
        

    

    	30.	
            InMode’s external and independent directors under the Companies Law may be entitled to reimbursement of expenses in accordance with the Companies Law.

          

    

    

    	31.	
            The directors may be entitled to additional compensation or benefits as expressly set out in this Policy, and specifically in Sections 7.2, 7.3 and 10.

          

    

    

    	I.	
            Miscellaneous

          

     

    	32.	
            This Policy is designed solely for the benefit of the Group. Nothing in this Compensation Policy shall be deemed to grant any of the Group’s current or future Executive Officers, directors or employees or any third party any right or
              privilege in connection with their employment by or service with the Group and their compensation in respect thereof. Such rights and privileges, to which Executive Officers, directors or employees serving in the Group or that will serve in
              the Group in the future, are entitled for, shall be exclusively those that are determined specifically in relation to him or her and, if applicable, governed by their respective personal employment and/or service agreements.

          

     

    	33.	
            This Policy is subject to applicable law and is not intended, and should not be interpreted as limiting or derogating from, provisions of applicable law to the extent not permitted, nor should it be interpreted as limiting or derogating
              from InMode’s or other Group member’s Articles of Association.

          

     

    	34.	
            This Policy is not intended to affect current agreements nor affect obligating customs (if applicable) between the Group and its Executive Officers and directors as such may exist prior to the approval of this Compensation Policy, subject
              to any applicable law.

          

     

    	35.	
            In the event of amendments made to the Companies Law or any regulations promulgated thereunder providing relief in connection with Group’s compensation to its Executive Officers and/or directors, InMode may elect to act pursuant to such
              relief without regard to any contradiction with this Policy.

          

     

    	36.	
            The Group (subject to any required approvals by the applicable law) may determine that none or only part of the payments, benefits and perquisites shall be granted, and is authorized to cancel or suspend a compensation package or part of
              it.

          

     

    	37.	
            An immaterial change in the terms of office of Executive Officers (excluding directors, a controlling shareholder or a controlling shareholder’s relative) during the term of this Compensation Policy, will be subject to the approval of
              InMode’s CEO only (changes in the terms of office of the CEO shall be approved in accordance with the Companies Law). An immaterial change in this matter shall be deemed to be a change that does not exceed 5% of the annual Employment Cost
              with respect to the employment of such an Executive Officer in the Group, subject to the conditions prescribed in this Compensation Policy.

          

     

    *********************

     

    

    
      
        
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