Document:

Exhibit 10.9

 

MOBILEYE GLOBAL INC. 

 

2022 EQUITY INCENTIVE PLAN

 

1. PURPOSE

 

The purpose of this Mobileye
Global Inc. 2022 Equity Incentive Plan (the “Plan”) is to advance the interests of Mobileye Global Inc., a Delaware corporation,
and its Subsidiaries (hereinafter collectively the “Corporation”), by stimulating the efforts of employees and Consultants
who are selected to be Participants on behalf of the Corporation, aligning the long-term interests of Participants with those of stockholders,
heightening the desire of Participants to continue in working toward and contributing to the success of the Corporation, assisting the
Corporation in competing effectively with other enterprises for the services of new employees necessary for the continued improvement
of operations, and to attract, motivate and retain the best available individuals for service to the Corporation. This Plan permits the
grant of stock options, stock appreciation rights, restricted stock and restricted stock units, each of which shall be subject to such
conditions based upon continued employment or service, passage of time or satisfaction of performance criteria as shall be specified pursuant
to the Plan.

 

2. DEFINITIONS

 

(a) “Award”
means a stock option, stock appreciation right, restricted stock or restricted stock unit granted to a Participant pursuant to the Plan.

 

(b) “Board of Directors”
means the Board of Directors of the Corporation.

 

(c) “Code”
shall mean the Internal Revenue Code of 1986, as such is amended from time to time, and any reference to a section of the Code shall include
any successor provision of the Code.

 

(d) “Committee”
shall mean the committee appointed by the Board of Directors from among its members to administer the Plan pursuant to Section 3.

 

(e) “Consultant”
means any person, including any adviser, engaged by the Corporation or a Subsidiary of the Corporation to render services to such entity
if the consultant or adviser: (i) renders bona fide services to the Corporation or the Subsidiary; (ii) renders services not in connection
with the offer or sale of securities in a capital-raising transaction and does not directly or indirectly promote or maintain a market
for the Corporation’s securities; and (iii) is a natural person.

 

(f) “Exchange Act”
shall mean the Securities Exchange Act of 1934, as amended from time to time, and any reference to a section of the Exchange Act shall
include any successor provision of the Exchange Act.

 

(g) “market value”
means, as of any date, the value of Shares determined as follows: (i) the common stock of the Corporation is listed on any established
stock exchange or a national market system, including without limitation the Nasdaq Global Select Market, the Nasdaq Global Market or
the Nasdaq Capital Market of the Nasdaq Stock Market, its market value will be the closing sales price for such stock (or the closing
bid, if no sales were reported) as quoted on such exchange or system on the day of determination, as reported in The Wall Street Journal
or such other source as the Administrator deems reliable; (ii) if the Common Stock is regularly quoted by a recognized securities dealer
but selling prices are not reported, the market value of a Share will be the mean between the high bid and low asked prices for the common
stock on the day of determination (or, if no bids and asks were reported on that date, as applicable, on the last trading date such bids
and asks were reported), as reported in The Wall Street Journal or such other source as the Committee deems reliable; or (iii) in the
absence of an established market for the common stock, the market value will be determined in good faith by the Committee.

 

(h) “Outside Director”
shall mean a member of the Board of Directors who is not otherwise an employee of the Corporation.

 

(i) “Participants”
shall mean those individuals to whom Awards have been granted from time to time and any authorized transferee of such individuals.

 

(j) “Performance
Award” means an Award the grant, issuance, retention, vesting and/or settlement of which is subject to satisfaction of one or more
of the Performance Criteria specified in Section 10(b) or any other performance criteria.

 

(k) “Plan”
means this Mobileye Global Inc. 2022 Equity Incentive Plan.

 

(l) “Share”
shall mean a share of common stock, $0.01 par value, of the Corporation or the number and kind of shares of stock or other securities
which shall be substituted or adjusted for such shares as provided in Section 11.

 

(m) “Subsidiary”
means any corporation or entity in which the Corporation owns or controls, directly or indirectly, fifty percent (50%) or more of the
voting power or economic interests of such corporation or entity.

 

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3. ADMINISTRATION

 

(a) Composition of Committee.
This Plan shall be administered by the Committee or prior to the date the Corporation becomes subject to the reporting requirements
of Rule 13 or 15(d) of the Exchange Act, the Board of Directors. Effective as of the date the Corporation becomes subject to the reporting
requirements of Rule 13 or 15(d) of the Exchange Act, the Committee shall consist of two or more Outside Directors who shall be appointed
by the Board of Directors. The Board of Directors shall fill vacancies on the Committee and may from time to time remove or add members
of the Committee. The Board of Directors, in its sole discretion, may exercise any authority of the Committee under this Plan in lieu
of the Committee’s exercise thereof, and in such instances references herein to the Committee shall refer to the Board of Directors.

 

(b) Delegation and Administration.
The Committee may delegate to one or more separate committees (any such committee a “Subcommittee”) composed of one or
more directors of the Corporation (who may but need not be members of the Committee) the ability to grant Awards and take the other actions
described in Section 3(c) with respect to Participants who are not executive officers, and such actions shall be treated for all
purposes as if taken by the Committee. The Committee may delegate to a Subcommittee of one or more officers of the Corporation the ability
to grant Awards and take the other actions described in Section 3(c) with respect to Participants (other than any such officers themselves)
who are not directors or executive officers, provided however that the resolution so authorizing such officer(s) shall specify the total
number of Shares, rights or options such Subcommittee may so award, and such actions shall be treated for all purposes as if taken by
the Committee. Any action by any such Subcommittee within the scope of such delegation shall be deemed for all purposes to have been taken
by the Committee, and references in this Plan to the Committee shall include any such Subcommittee. The Committee may delegate the day
to day administration of the Plan to an officer or officers of the Corporation or one or more agents, and such administrator(s) may have
the authority to execute and distribute agreements or other documents evidencing or relating to Awards granted by the Committee under
this Plan, to maintain records relating to the grant, vesting, exercise, forfeiture or expiration of Awards, to process or oversee the
issuance of Shares upon the exercise, vesting and/or settlement of an Award, to interpret the terms of Awards and to take such other actions
as the Committee may specify. Any action by any such administrator within the scope of its delegation shall be deemed for all purposes
to have been taken by the Committee and references in this Plan to the Committee shall include any such administrator, provided that the
actions and interpretations of any such administrator shall be subject to review and approval, disapproval or modification by the Committee.

 

(c) Powers of the Committee.
Subject to the express provisions and limitations set forth in this Plan, the Committee shall be authorized and empowered to do all
things necessary or desirable, in its sole discretion, in connection with the administration of this Plan, including, without limitation,
the following:

 

(i) to prescribe,
amend, and rescind rules and regulations relating to the Plan, including the forms of Award Agreement and manner of acceptance of an Award,
and to take or approve such further actions as it determines necessary or appropriate to the administration of the Plan and Awards, such
as correcting a defect or supplying any omission, or reconciling any inconsistency so that the Plan or any Award Agreement complies with
applicable law, regulations and listing requirements and so as to avoid unanticipated consequences or address unanticipated events (including
any temporary closure of an applicable stock exchange or a national market system upon which Shares are traded, disruption of communications
or natural catastrophe) deemed by the Committee to be inconsistent with the purposes of the Plan or any Award Agreement, provided that
no such action shall be taken absent stockholder approval to the extent required under Section 13;

 

(ii) to determine
which persons are eligible to be Participants, to which of such persons, if any, Awards shall be granted hereunder and the timing of any
such Awards, and to grant Awards;

 

(iii) to grant
Awards to Participants and determine the terms and conditions thereof, including the number of Shares subject to Awards and the exercise
or purchase price of such Shares and the circumstances under which Awards become exercisable or vested or are forfeited or expire, which
terms may but need not be conditioned upon the passage of time, continued employment or service, the satisfaction of performance criteria,
the occurrence of certain events, or other factors;

 

(iv) to establish
or verify the extent of satisfaction of any performance goals or other conditions applicable to the grant, issuance, exercisability, vesting
and/or ability to retain any Award;

 

(v) to prescribe
and amend the terms of the agreements or other documents evidencing Awards made under this Plan (which need not be identical);

 

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(vi) to determine
whether, and the extent to which, adjustments are required pursuant to Section 11;

 

(vii) to cancel
any Award, without consideration and without requirement of the consent of the Participant to whom such Award has been granted, in the
event that the Committee has determined that such Award is without any economic value in excess of nominal or par value or prospect of
future value;

 

(viii) to interpret
and construe this Plan, any rules and regulations under this Plan and the terms and conditions of any Award granted hereunder, and to
make exceptions to any such provisions in good faith and for the benefit of the Corporation; and

 

(ix) to make
all other determinations deemed necessary or advisable for the administration of this Plan.

 

(d) Effect of Change
in Status. The Committee shall have the discretion to determine the effect upon an Award and upon an individual’s status as
an employee under the Plan (including whether a Participant shall be deemed to have experienced a termination of employment or other change
in status) and upon the vesting, expiration or forfeiture of an Award in the case of (i) any individual who is employed by an entity
that ceases to be a Subsidiary of the Corporation, (ii) any leave of absence approved by the Corporation or a Subsidiary, (iii) any
transfer between locations of employment with the Corporation or a Subsidiary or between the Corporation and any Subsidiary or between
any Subsidiaries, (iv) any change in the Participant’s status from an employee to a Consultant or member of the Board of Directors,
or vice versa, and (v) at the request of the Corporation or a Subsidiary, any employee who becomes employed by any partnership, joint
venture, corporation or other entity not meeting the requirements of a Subsidiary.

 

(e) Determinations of
the Committee. All decisions, determinations and interpretations by the Committee regarding this Plan shall be final and binding on
all persons. The Committee may consider such factors as it deems relevant to making such decisions, determinations and interpretations
including, without limitation, the recommendations or advice of any director, officer or employee of the Corporation and such attorneys,
consultants and accountants as it may select. Any decision or action by the Committee may be contested only by a Participant or other
holder of an Award and only on the grounds that such decision or action was arbitrary or capricious or was unlawful, and any review of
such decision or action shall be limited to determining whether the Committee’s decision or action was arbitrary or capricious or
was unlawful.

 

4. PARTICIPANTS

 

Awards under the Plan may be
granted to any person who is an employee, Consultant or Outside Director of the Corporation. Outside Directors may be granted Awards only
pursuant to Section 9 of the Plan. The status of the Chairman of the Board of Directors as an employee or Outside Director shall
be determined by the Committee.

 

5. EFFECTIVE DATE AND EXPIRATION OF PLAN

 

(a) Effective Date.
This Plan was approved by the Board of Directors on January 30, 2022 and became effective on                       .

 

(b) Expiration Date.
The Plan shall remain available for the grant of Awards until January 30, 2032 or such earlier date as the Board of Directors may determine;
provided, however, that ISOs (as defined below) may not be granted under the Plan after the 10th anniversary of the date of
the Board of Directors’ most recent approval of the Plan. The expiration of the Committee’s authority to grant Awards under
the Plan will not affect the operation of the terms of the Plan or the Corporation’s and Participants’ rights and obligations
with respect to Awards granted on or prior to the expiration date of the Plan.

 

6. SHARES SUBJECT TO THE PLAN

 

(a) Aggregate Limits.
Subject to adjustment as provided in Section 11, the aggregate number of Shares authorized for issuance pursuant to Awards under
the Plan is                       .
The Shares subject to the Plan may be either Shares reacquired by the Corporation, including Shares purchased in the open market, as
applicable, or authorized but unissued Shares. Any Shares subject to an Award which for any reason expires or terminates unexercised
or is not earned in full may again be made subject to an Award under the Plan. Notwithstanding the preceding sentence, the following
Shares may not again be made available for issuance as Awards under the Plan: (i) Shares not issued or delivered as a result of
the net settlement of an outstanding Stock Appreciation Right, (ii) Shares used to pay the exercise price or withholding taxes related
to an outstanding Award, or (iii) Shares repurchased on the open market, if applicable, with the proceeds of the option exercise
price.

 

(b) Tax Code Limits.
Notwithstanding anything to the contrary in this Plan, the foregoing limitations shall be subject to adjustment under Section 11.
The aggregate number of Shares issued pursuant to incentive stock options granted under the Plan shall not exceed                      , which limitation
shall be subject to adjustment under Section 11 only to the extent that such adjustment is consistent with adjustments permitted
of a plan authorizing incentive stock options under Section 422 of the Code.

 

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7. PLAN AWARDS

 

(a) Award Types. The
Committee, on behalf of the Corporation, is authorized under this Plan to grant, award and enter into the following arrangements or benefits
under the Plan provided that their terms and conditions are not inconsistent with the provisions of the Plan: stock options, stock appreciation
rights, restricted stock and restricted stock units. Such arrangements and benefits are sometimes referred to herein as “Awards.”
The Committee, in its discretion, may determine that any Award granted hereunder shall be a Performance Award.

 

(i) Stock
Options. A “Stock Option” is a right to purchase a number of Shares at such exercise price, at such times, and on such
other terms and conditions as are specified in or determined pursuant to the document(s) evidencing the Award (the “Option Agreement”).
The Committee may grant Stock Options intended to be eligible to qualify as incentive stock options (“ISOs”) pursuant to Section 422
of the Code and Stock Options that are not intended to qualify as ISOs (“Non-qualified Stock Options”), as it, in its sole
discretion, shall determine.

 

(ii) Stock
Appreciation Rights. A “Stock Appreciation Right” or “SAR” is a right to receive, in cash or stock (as determined
by the Committee), value with respect to a specific number of Shares equal to or otherwise based on the excess of (i) the market
value of a Share at the time of exercise over (ii) the exercise price of the right, subject to such terms and conditions as are expressed
in the document(s) evidencing the Award (the “SAR Agreement”).

 

(iii) Restricted
Stock. A “Restricted Stock” Award is an award of Shares, the grant, issuance, retention and/or vesting of which is subject
to such conditions as are expressed in the document(s) evidencing the Award (the “Restricted Stock Agreement”).

 

(iv) Restricted
Stock Unit. A “Restricted Stock Unit” Award is an award of a right to receive, in cash or stock (as determined by the
Committee) the market value of one Share, the grant, issuance, retention and/or vesting of which is subject to such conditions as are
expressed in the document(s) evidencing the Award (the “Restricted Stock Unit Agreement”).

 

(b) Grants of Awards.
An Award may consist of one of the foregoing arrangements or benefits or two or more of them in tandem or in the alternative.

 

8. EMPLOYEE, CONSULTANT PARTICIPANT AWARDS

 

(a) Grant, Terms and
Conditions of Stock Options and SARs

 

The Committee may grant Stock
Options or SARs at any time and from time to time prior to the expiration of the Plan to eligible Participants selected by the Committee.
No Participant shall have any rights as a stockholder with respect to any Shares subject to Stock Options or SARs hereunder until said
Shares have been issued. Each Stock Option or SAR shall be evidenced only by such agreements, notices and/or terms or conditions documented
in such form (including by electronic communications) as may be approved by the Committee. Each Stock Option grant will expressly identify
the Stock Option as an ISO or as a Non-qualified Stock Option. Stock Options or SARs granted pursuant to the Plan need not be identical
but each must contain or be subject to the following terms and conditions:

 

(i) Price.
The purchase price (also referred to as the exercise price) under each Stock Option or SAR granted hereunder shall be established
by the Committee. The purchase price per Share shall not be less than 100% of the market value of a Share on the date of grant. The exercise
price of a Stock Option shall be paid in cash or in such other form if and to the extent permitted by the Committee, including without
limitation by delivery of already owned Shares, withholding (either actually or by attestation) of Shares otherwise issuable under such
Stock Option and/or by payment under a broker-assisted sale and remittance program acceptable to the Committee.

 

(ii) No Repricing.
Other than in connection with a change in the Corporation’s capitalization or other transaction as described in Section 11(a) through
(d) of the Plan, the Corporation shall not, without stockholder approval, reduce the purchase price of a Stock Option or SAR and, at any
time when the purchase price of a Stock Option or SAR is above the market value of a Share, the Corporation shall not, without stockholder
approval (except in the case of a transaction described in Section 11(a) through (d) of the Plan), cancel and re-grant or exchange such
Stock Option or SAR for a new Award with a lower (or no) purchase price or for cash.

 

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(iii) No
Reload Grants. Stock Options shall not be granted under the Plan in consideration for and shall not be conditioned upon the delivery
of Shares to the Corporation in payment of the exercise price and/or tax withholding obligation under any other stock option.

 

(iv) Duration,
Exercise and Termination of Stock Options and SARs. Each Stock Option or SAR shall be exercisable at such time and in such installments
during the period prior to the expiration of the Stock Option or SAR as determined by the Committee. The Committee shall have the right
to make the timing of the ability to exercise any Stock Option or SAR subject to continued employment or service, the passage of time
and/or such performance requirements as deemed appropriate by the Committee. At any time after the grant of a Stock Option, the Committee
may reduce or eliminate any restrictions on the Participant’s right to exercise all or part of the Stock Option.

 

Each Stock Option
or SAR must expire within a period of not more than ten (10) years from the grant date. In each case, the Option Agreement or SAR
Agreement may provide for expiration prior to the end of the stated term of the Award in the event of the termination of employment or
service of the Participant to whom it was granted.

 

(v) Suspension
or Termination of Stock Options and SARs. If at any time (including after a notice of exercise has been delivered) the Committee,
including any Subcommittee or administrator authorized pursuant to Section 3(b) (any such person, an “Authorized Officer”),
reasonably believes that a Participant, other than an Outside Director, has committed an act of misconduct as described in this Section,
the Authorized Officer may suspend the Participant’s right to exercise any Stock Option or SAR pending a determination of whether
an act of misconduct has been committed. If the Committee or an Authorized Officer determines a Participant, other than an Outside Director,
has committed an act of embezzlement, fraud, dishonesty, nonpayment of any obligation owed to the Corporation, breach of fiduciary duty
or deliberate disregard of Corporation rules resulting in loss, damage or injury to the Corporation, or if a Participant makes an unauthorized
disclosure of any Corporation trade secret or confidential information, engages in any conduct constituting unfair competition, induces
any customer to breach a contract with the Corporation or induces any principal for whom the Corporation acts as agent to terminate such
agency relationship, the Committee or an Authorized Officer may determine that neither the Participant nor his or her estate shall be
entitled to exercise any Stock Option or SAR whatsoever. In addition, for any Participant who is designated as an “executive officer”
by the Board of Directors, if the Committee determines that the Participant engaged in an act of embezzlement, fraud or breach of fiduciary
duty during the Participant’s employment that contributed to an obligation to restate the Corporation’s financial statements
(“Contributing Misconduct”), the Committee may require the Participant to repay to the Corporation, in cash and upon demand,
the Option Proceeds (as defined below) resulting from any sale or other disposition (including to the Corporation) of Shares issued or
issuable upon exercise of a Stock Option or SAR if the sale or disposition was effected during the twelve-month period following the first
public issuance or filing with the SEC of the financial statements required to be restated. The term “Option Proceeds” means,
with respect to any sale or other disposition (including to the Corporation) of Shares issuable or issued upon exercise of a Stock Option
or SAR, an amount determined appropriate by the Committee to reflect the effect of the restatement, up to the amount equal to the number
of Shares sold or disposed of multiplied by the difference between the market value per Share at the time of such sale or disposition
and the exercise price. The return of Option Proceeds is in addition to and separate from any other relief available to the Corporation
due to the executive officer’s Contributing Misconduct. Any determination by the Committee or an Authorized Officer with respect
to the foregoing shall be final, conclusive and binding on all interested parties. For any Participant who is an executive officer, the
determination of the Committee or of the Authorized Officer shall be subject to the approval of the Board of Directors.

 

(vi) Conditions
and Restrictions Upon Securities Subject to Stock Options or SARs. Subject to the express provisions of the Plan, the Committee
may provide that the Shares issued upon exercise of a Stock Option or SAR shall be subject to such further conditions or agreements
as the Committee in its discretion may specify prior to the exercise of such Stock Option or SAR, including, without limitation,
conditions on vesting or transferability, forfeiture or repurchase provisions. The obligation to make payments with respect to SARs
may be satisfied through cash payments or the delivery of Shares, or a combination thereof as the Committee shall determine. The
Committee may establish rules for the deferred delivery of Common Stock upon exercise of a Stock Option or SAR with the deferral
evidenced by use of Restricted Stock Units equal in number to the number of Shares whose delivery is so deferred.

 

(vii) Other
Terms and Conditions. Stock Options and SARs may also contain such other provisions, which shall not be inconsistent with any of the
foregoing terms, as the Committee shall deem appropriate.

 

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(viii) ISOs.
Stock Options intending to qualify as ISOs may only be granted to employees of the Corporation within the meaning of the Code, as
determined by the Committee. No ISO shall be granted to any person if immediately after the grant of such Award, such person would own
stock, including stock subject to outstanding Awards held by him or her under the Plan or any other plan established by the Corporation,
amounting to more than ten percent (10%) of the total combined voting power or value of all classes of stock of the Corporation. To the
extent that the Option Agreement specifies that a Stock Option is intended to be treated as an ISO, the Stock Option is intended to qualify
to the greatest extent possible as an “incentive stock option” within the meaning of Section 422 of the Code, and shall
be so construed; provided, however, that any such designation shall not be interpreted as a representation, guarantee or other undertaking
on the part of the Corporation that the Stock Option is or will be determined to qualify as an ISO. If and to the extent that any Shares
are issued under a portion of any Stock Option that exceeds the $100,000 limitation of Section 422 of the Code, such Shares shall
not be treated as issued under an ISO notwithstanding any designation otherwise. Certain decisions, amendments, interpretations and actions
by the Committee and certain actions by a Participant may cause a Stock Option to cease to qualify as an ISO pursuant to the Code and
by accepting a Stock Option the Participant agrees in advance to such disqualifying action.

 

(b) Grant, Terms and
Conditions of Restricted Stock and Restricted Stock Units

 

The Committee may grant Restricted
Stock or Restricted Stock Units at any time and from time to time prior to the expiration of the Plan to eligible Participants selected
by the Committee. A Participant shall have rights as a stockholder with respect to any Shares subject to a Restricted Stock Award hereunder
only to the extent specified in this Plan or the Restricted Stock Agreement evidencing such Award. Awards of Restricted Stock or Restricted
Stock Units shall be evidenced only by such agreements, notices and/or terms or conditions documented in such form (including by electronic
communications) as may be approved by the Committee. Awards of Restricted Stock or Restricted Stock Units granted pursuant to the Plan
need not be identical but each must contain or be subject to the following terms and conditions:

 

(i) Terms
and Conditions. Each Restricted Stock Agreement and each Restricted Stock Unit Agreement shall contain provisions regarding (a) the
number of Shares subject to such Award or a formula for determining such, (b) the purchase price of the Shares, if any, and the means
of payment for the Shares, (c) the performance criteria, if any, and level of achievement versus these criteria that shall determine
the number of Shares granted, issued, retainable and/or vested, (d) such terms and conditions on the grant, issuance, vesting and/or
forfeiture of the Shares as may be determined from time to time by the Committee, (e) restrictions on the transferability of the
Shares and (f) such further terms and conditions as may be determined from time to time by the Committee, in each case not inconsistent
with this Plan.

 

(ii) Sale
Price. Subject to the requirements of applicable law, the Committee shall determine the price, if any, at which Shares of Restricted
Stock or Restricted Stock Units shall be sold or awarded to a Participant, which may vary from time to time and among Participants and
which may be below the market value of such Shares at the date of grant or issuance.

 

(iii) Share
Vesting. The grant, issuance, retention and/or vesting of Shares under Restricted Stock or Restricted Stock

Unit Awards shall be at such time and in such installments
as determined by the Committee or under criteria established by the Committee. The Committee shall have the right to make the timing of
the grant and/or the issuance, the ability to retain and/or the vesting of Shares under Restricted Stock or Restricted Stock Unit Awards
subject to the Participant’s continued employment or service, passage of time and/or such performance criteria and level of achievement
versus these criteria, as deemed appropriate by the Committee, which criteria may be based on financial performance and/or personal performance
evaluations. No condition that is based on performance criteria and level of achievement versus such criteria shall be based on performance
over a period of less than one year.

 

(iv) Termination
of Employment/Service. The Restricted Stock or Restricted Stock Unit Agreement may provide for the forfeiture or cancellation of the
Restricted Stock or Restricted Stock Unit Award, in whole or in part, in the event of the termination of employment or service of the
Participant to whom it was granted.

 

(v) Restricted
Stock Units. Except to the extent this Plan or the Committee specifies otherwise, Restricted Stock Units represent an unfunded and
unsecured obligation of the Corporation and do not confer any of the rights of a stockholder until Shares are issued thereunder. Settlement
of Restricted Stock Units upon expiration of the deferral or vesting period shall be made in Shares or otherwise as determined by the
Committee. Dividends or dividend equivalent rights shall be payable in cash or in additional shares with respect to Restricted Stock Units
only to the extent specifically provided for by the Committee and subject to the limitations of Section 10(c). Until a Restricted Stock
Unit is settled, the number of Shares represented by a Restricted Stock Unit shall be subject to adjustment pursuant to Section 11.
Any Restricted Stock Units that are settled after the Participant’s death shall be distributed to the Participant’s designated
beneficiary(ies) or, if none was designated, the Participant’s estate.

 

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(vi) Suspension
or Termination of Restricted Stock and Restricted Stock Units. If at any time the Committee, including any Subcommittee or administrator
authorized pursuant to Section 3(b) (any such person, an “Authorized Officer”), reasonably believes that a Participant, other
than an Outside Director, has committed an act of misconduct as described in this Section, the Authorized Officer may suspend the vesting
of Shares under the Participant’s Restricted Stock or Restricted Stock Unit Awards pending a determination of whether an act of
misconduct has been committed. If the Committee or an Authorized Officer determines a Participant, other than an Outside Director, has
committed an act of embezzlement, fraud, dishonesty, nonpayment of any obligation owed to the Corporation, breach of fiduciary duty or
deliberate disregard of Corporation rules resulting in loss, damage or injury to the Corporation, or if a Participant makes an unauthorized
disclosure of any Corporation trade secret or confidential information, engages in any conduct constituting unfair competition, induces
any customer to breach a contract with the Corporation or induces any principal for whom the Corporation acts as agent to terminate such
agency relationship, the Committee or an Authorized Officer may determine that the Participant’s Restricted Stock or Restricted
Stock Unit Agreement shall be forfeited and cancelled. In addition, for any Participant who is designated as an “executive officer”
by the Board of Directors, if the Committee determines that the Participant engaged in an act of embezzlement, fraud or breach of fiduciary
duty during the Participant’s employment that contributed to an obligation to restate the Corporation’s financial statements
(“Contributing Misconduct”), the Committee may require the Participant to repay to the Corporation, in cash and upon demand,
the Restricted Stock Proceeds (as defined below) resulting from any sale or other disposition (including to the Corporation) of Shares
issued or issuable upon the vesting of Restricted Stock or a Restricted Stock Unit if the sale or disposition was effected during the
twelve-month period following the first public issuance or filing with the SEC of the financial statements required to be restated. The
term “Restricted Stock Proceeds” means, with respect to any sale or other disposition (including to the Corporation) of Shares
issued or issuable upon vesting of Restricted Stock or a Restricted Stock Unit, an amount determined appropriate by the Committee to reflect
the effect of the restatement, up to the amount equal to the market value per Share at the time of such sale or other disposition multiplied
by the number of Shares or units sold or disposed of. The return of Restricted Stock Proceeds is in addition to and separate from any
other relief available to the Corporation due to the executive officer’s Contributing Misconduct. Any determination by the Committee
or an Authorized Officer with respect to the foregoing shall be final, conclusive and binding on all interested parties. For any Participant
who is an executive officer, the determination of the Committee or of the Authorized Officer shall be subject to the approval of the Board
of Directors.

 

9. OUTSIDE DIRECTOR AWARDS

 

The number of Awards granted
to each Outside Director in a fiscal year of the Corporation (“Outside Director Awards”) is limited, so that the grant date
fair value of all Outside Director Awards granted by the Board of Directors combined with all cash-based compensation earned in the same
fiscal year, may not exceed $500,000. Notwithstanding anything to the contrary in this Plan, the foregoing limitation shall be subject
to adjustment under Section 11. The number of Shares subject to each Outside Director Award, or the formula pursuant to which such
number shall be determined, the type or types of Awards included in the Outside Director Awards, the date of grant and the vesting, expiration
and other terms applicable to such Outside Director Awards shall be specified from time to time by the Board of Directors, subject to
the terms of this Plan, including the terms specified in Section 8. If the Board of Directors reasonably believes that an Outside
Director has committed an act of misconduct as specified in Section 8(a)(v) or 8(b)(vi), the Board of Directors may suspend the Outside
Director’s right to exercise any Stock Option or SAR and/or the vesting of any Restricted Stock or Restricted Stock Unit Award pending
a determination of whether an act of misconduct has been committed. If the Board of Directors determines that an Outside Director has
committed an act of misconduct, neither the Outside Director nor his or her estate shall be entitled to exercise any Stock Option or SAR
whatsoever and shall forfeit any unvested Restricted Stock or Restricted Stock Unit Award.

 

10.  OTHER PROVISIONS APPLICABLE TO AWARDS

 

(a) Transferability.
Unless the agreement or other document evidencing an Award (or an amendment thereto authorized by the Committee) expressly states
that the Award is transferable as provided hereunder, no Award granted under this Plan, nor any interest in such Award, may be sold, assigned,
conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner, other than by will or the laws of descent and distribution
or as permitted by Rule 701 of the Securities Act of 1933. Further, until the Corporation becomes subject to the reporting requirements
of Section 13 or 15(d) of the Exchange Act, or after the Board of Directors or the Committee, as applicable, determines that it is, will,
or may no longer be relying upon the exemption from registration under the Exchange Act as set forth in Rule 12h-1(f) promulgated under
the Exchange Act, an Option, or prior to exercise, the Shares subject to the Option, may not be pledged, hypothecated or otherwise transferred
or disposed of, in any manner, including by entering into any short position, any “put equivalent position” or any “call
equivalent position” (as defined in Rule 16a-1(h) and Rule 16a-1(b) of the Exchange Act, respectively), other than to (i) persons
who are “family members” (as defined in Rule 701(c)(3) of the Securities Act) through gifts or domestic relations orders,
or (ii) to an executor or guardian of the Participant upon the death or disability of the Participant..

 

    7

     

    

 

(b)  Performance Criteria.
For purposes of this Plan, the term “Performance Criteria” shall mean any one or more of the following performance criteria
or any other performance criteria, either individually, alternatively or in any combination, applied to either the Corporation as a whole
or to a business unit or Subsidiary, either individually, alternatively or in any combination, and measured either annually or cumulatively
over a period of years, on an absolute basis or relative to a pre-established target, to previous years’ results or to a designated
comparison group, on a U.S. generally accepted accounting principles (“GAAP”) or non-GAAP basis, in each case as specified
by the Committee in the Award: (a) cash flow, (b) earnings per share, (c) earnings before one or more of interest, taxes,
depreciation and amortization, (d) return on equity, (e) total stockholder return, (f) share price performance, (g) return
on capital, (h) return on assets or net assets, (i) revenue, (j) income or net income, (k) operating income or net
operating income, (l) operating profit or net operating profit, (m) gross margin, operating margin or profit margin, (n) return
on operating revenue, (o) return on invested capital, (p) market segment share, (q) product release schedules, (r) new
product innovation, (s) product cost reduction through advanced technology, (t) brand recognition/acceptance, (u) product
ship targets, or (v) customer satisfaction. The Committee may appropriately adjust any evaluation of performance under a Performance
Criteria to exclude any of the following events that occurs during a performance period: (i) asset write-downs, (ii) litigation
or claim judgments or settlements, (iii) the effect of changes in or provisions under tax law, accounting principles or other such
laws or provisions affecting reported results, (iv) accruals for reorganization and restructuring programs, (v) any infrequently
occurring or other unusual items, either under applicable accounting provisions or described in management’s discussion and analysis
of financial condition and results of operations appearing in the Corporation’s annual report to stockholders for the applicable
year, and (vi) any other events as the Committee shall deem appropriate, if such adjustment is timely approved in connection with the
establishment of Performance Criteria. Notwithstanding satisfaction of any completion of any Performance Criteria, to the extent specified
at the time of grant of an Award, the number of Shares, Stock Options, SARs, Restricted Stock Units or other benefits granted, issued,
retainable and/or vested under an Award on account of satisfaction of such Performance Criteria may be reduced by the Committee on the
basis of such further considerations as the Committee in its sole discretion shall determine.

 

(c) Dividends. Unless
otherwise provided by the Committee, no adjustment shall be made in Shares issuable under Awards on account of cash dividends that may
be paid or other rights that may be issued to the holders of Shares prior to their issuance under any Award. The Committee shall specify
whether dividends or dividend equivalent amounts shall be credited and/or payable to any Participant with respect to the Shares subject
to any Award; provided, however, that in no event will dividends or dividend equivalents be credited or payable in respect of Stock Options
or SARs. Notwithstanding the foregoing, dividends or dividend equivalents credited/payable in connection with an Award that is not yet
vested shall be subject to the same restrictions and risk of forfeiture as the underlying Award and shall not be paid until the underlying
Award vests.

 

(d) Documents Evidencing
Awards. The Committee shall, subject to applicable law, determine the date an Award is deemed to be granted. The Committee or, except
to the extent prohibited under applicable law, its delegate(s) may establish the terms of agreements or other documents evidencing Awards
under this Plan and may, but need not, require as a condition to any such agreement’s or document’s effectiveness that such
agreement or document be executed by the Participant, including by electronic signature or other electronic indication of acceptance,
and that such Participant agree to such further terms and conditions as specified in such agreement or document. The grant of an Award
under this Plan shall not confer any rights upon the Participant holding such Award other than such terms, and subject to such conditions,
as are specified in this Plan as being applicable to such type of Award (or to all Awards) or as are expressly set forth in the agreement
or other document evidencing such Award.

 

(e) Additional Restrictions
on Awards. 

 

(i) Either at
the time an Award is granted or by subsequent action, the Committee may, but need not, impose such restrictions, conditions or
limitations as it determines appropriate as to the timing and manner of any resales by a Participant or other subsequent transfers
by a Participant of any Shares issued under an Award, including without limitation (a) restrictions under an insider trading
policy, (b) restrictions designed to delay and/or coordinate the timing and manner of sales by the Participant or Participants,
and (c) restrictions as to the use of a specified brokerage firm for receipt, resales or other transfers of such Shares.

 

(ii)
In connection with an initial offering of the Corporation’s Shares pursuant to a registration statement filed by the Corporation
with the Securities and Exchange Commission and upon request of the Corporation or the underwriters managing such offering of the Corporation’s
securities, Participants shall not sell, make any short sale of, loan, grant any option for the purchase of, or otherwise dispose of any
securities of the Corporation however or whenever acquired (other than those included in the registration) without the prior written consent
of the Corporation or such underwriters, as the case may be, for such period of time (not to exceed 180 days) from the effective date
of such registration as may be requested by the Corporation or such managing underwriters and Participant shall execute an agreement reflecting
the foregoing as may be requested by the underwriters in connection with such offering. Notwithstanding the foregoing, if during the last
17 days of the restricted period, the Corporation issues an earnings release or material news or a material event relating to the Corporation
occurs, or prior to the expiration of the restricted period the Corporation announces that it will release earnings results during the 16-day period
beginning on the last day of the restricted period, then, upon the request of the managing underwriter, to the extent required by any
Financial Industry Regulatory Authority rules, the restrictions imposed by this subsection shall continue to apply until the end of the
third trading day following the expiration of the 15-day period beginning on the issuance of the earnings release or the occurrence
of the material news or material event. In no event will the restricted period extend beyond 216 days after the effective date of the
registration statement.

 

    8

     

    

 

(f) Subsidiary Awards.
In the case of a grant of an Award to any Participant employed by or providing services to a Subsidiary, such grant may, if the Committee
so directs, be implemented by the Corporation issuing any subject Shares to the Subsidiary, for such lawful consideration as the Committee
may determine, upon the condition or understanding that the Subsidiary will transfer the Shares to the Participant in accordance with
the terms of the Award specified by the Committee pursuant to the provisions of the Plan. Notwithstanding any other provision hereof,
such Award may be issued by and in the name of the Subsidiary and shall be deemed granted on such date as the Committee shall determine.

 

(g) Compensation Recovery.
This provision applies to any policy adopted by any exchange on which the securities of the Corporation are listed pursuant to Section
10D of the Exchange Act, as applicable. To the extent any such policy requires the repayment of incentive-based compensation received
by a Participant, whether paid pursuant to an Award granted under this Plan or any other plan of incentive-based compensation maintained
in the past or adopted in the future by the Corporation, by accepting an Award under this Plan, the Participant agrees to the repayment
of such amounts to the extent required by such policy and applicable law.

 

11. ADJUSTMENT OF AND CHANGES IN THE COMMON STOCK

 

(a) The existence of outstanding
Awards shall not affect in any way the right or power of the Corporation or its shareholders to make or authorize any or all adjustments,
recapitalizations, reorganizations, exchanges, or other changes in the Corporation’s capital structure or its business, or any merger
or consolidation of the Corporation or any issuance of Shares or other securities or subscription rights thereto, or any issuance of bonds,
debentures, preferred or prior preference stock ahead of or affecting the Shares or other securities of the Corporation or the rights
thereof, or the dissolution or liquidation of the Corporation, or any sale or transfer of all or any part of its assets or business, or
any other corporate act or proceeding, whether of a similar character or otherwise. Further, except as expressly provided herein or by
the Committee, (i) the issuance by the Corporation of shares of stock or any class of securities convertible into shares of stock
of any class, for cash, property, labor or services, upon direct sale, upon the exercise of rights or warrants to subscribe therefor,
or upon conversion of shares or obligations of the Corporation convertible into such shares or other securities, (ii) the payment
of a dividend in property other than Shares, or (iii) the occurrence of any similar transaction, and in any case whether or not for
fair value, shall not affect, and no adjustment by reason thereof shall be made with respect to, the number of Shares subject to Stock
Options or other Awards theretofore granted or the purchase price per Share, unless the Committee shall determine, in its sole discretion,
that an adjustment is necessary or appropriate provided, however, that the Administrator will make such adjustments to an Award required
by Section 25102(o) of the California Corporations Code to the extent the Corporation is relying upon the exemption afforded thereby with
respect to the Award.

 

(b) If the
outstanding Shares or other securities of the Corporation, or both, for which the Award is then exercisable or as to which the Award
is to be settled shall at any time be changed or exchanged by declaration of a stock dividend, stock split, combination of shares,
extraordinary dividend of cash and/or assets, recapitalization, reorganization or any similar equity restructuring transaction (as
that term is used in Accounting Standards Codification 718) affecting the Shares or other securities of the Corporation, the
Committee shall equitably adjust the number and kind of Shares or other securities that are subject to this Plan and to the limits
under Sections 6 and 9 and that are subject to any Awards theretofore granted, and the exercise or settlement prices of such
Awards, so as to maintain the proportionate number of Shares or other securities subject to such Awards without changing the
aggregate exercise or settlement price, if any.

 

(c) No right to purchase
fractional Shares shall result from any adjustment in Stock Options or SARs pursuant to this Section 11. In case of any such adjustment,
the Shares subject to the Stock Option or SAR shall be rounded down to the nearest whole share.

 

(d) Any other provision
hereof to the contrary notwithstanding (except Section 11(a)), in the event the Corporation is a party to a merger or other reorganization,
outstanding Awards shall be subject to the agreement of merger or reorganization. Such agreement may provide, without limitation, for
the assumption of outstanding Awards by the surviving corporation or its parent, for their continuation by the Corporation (if the Corporation
is a surviving corporation), for accelerated vesting and accelerated expiration, or for settlement in cash.

 

    9

     

    

 

12. LISTING OR QUALIFICATION OF COMMON STOCK

 

In the event that the Committee
determines in its discretion that the listing or qualification of the Shares available for issuance under the Plan on any securities exchange
or quotation or trading system or under any applicable law or governmental regulation is necessary as a condition to the issuance of such
Shares, a Stock Option or SAR may not be exercised in whole or in part and a Restricted Stock or Restricted Stock Unit Award shall not
vest or be settled unless such listing, qualification, consent or approval has been unconditionally obtained.

 

13. TERMINATION OR AMENDMENT OF THE PLAN

 

The Board of Directors may amend,
alter or discontinue the Plan and the Board of Directors or the Committee may to the extent permitted by the Plan amend any agreement
or other document evidencing an Award made under this Plan, including pursuant to Section 3(c)(vii), provided, however, that the Corporation
shall submit for stockholder approval any amendment (other than an amendment pursuant to the adjustment provisions of Section 11) required
to be submitted for stockholder approval by an applicable stock exchange or a national market system upon which Shares are traded or that
otherwise would:

 

(a) Increase the maximum number of
Shares for which Awards may be granted under this Plan;

 

(b) Reduce the price at which Stock
Options may be granted below the price provided for in Section 8(a);

 

(c) Reduce the option price of outstanding
Stock Options;

 

(d) Extend the term of this Plan;

 

(e) Change the class of persons eligible
to be Participants; or

 

(f) Increase the limits in Section 6.

 

In addition, no such amendment
or alteration shall be made which would impair the rights of any Participant, without such Participant’s consent, under any Award
theretofore granted, provided that no such consent shall be required with respect to any amendment or alteration made pursuant to Section
3(c)(vii) or if the Committee otherwise determines in its sole discretion that such amendment or alteration either (i) is required
or advisable in order for the Corporation, the Plan or the Award to satisfy or conform to any law or regulation or to meet the requirements
of any accounting standard, or (ii) is not reasonably likely to significantly diminish the benefits provided under such Award, or
that any such diminishment has been adequately compensated.

 

14. WITHHOLDING

 

To the extent required by
applicable federal, state, local or foreign law, the Committee may and/or a Participant shall make arrangements satisfactory to the
Corporation for the satisfaction of any withholding tax obligations that arise with respect to any Stock Option, SAR, Restricted
Stock or Restricted Stock Unit Award, or any sale of Shares. The Corporation shall not be required to issue Shares or to recognize
the disposition of such Shares until such obligations are satisfied. To the extent permitted or required by the Committee, these
obligations may or shall be satisfied by having the Corporation withhold a portion of the Shares of stock that otherwise would be
issued to a Participant under such Award or by tendering Shares previously acquired by the Participant equal to an amount no greater
than the maximum statutory tax rate applicable to such Participant in all relevant jurisdictions, and in all cases reduced by the
amount of any withholding obligation a Participant satisfies by cash payment to the Corporation.

 

15. GENERAL PROVISIONS

 

(a) Employment At Will.
Neither the Plan nor the grant of any Award nor any action by the Corporation, any Subsidiary or the Committee shall be held or construed
to confer upon any person any right to be continued in the employ of or service to the Corporation or a Subsidiary. The Corporation and
each Subsidiary expressly reserve the right to discharge, without liability but subject to his or her rights under this Plan, any Participant
whenever in the sole discretion of the Corporation or a Subsidiary, as the case may be, it may determine to do so.

 

(b) Governing Law. This
Plan and any agreements or other documents hereunder shall be interpreted and construed in accordance with the laws of the State of Delaware
and applicable federal law. The Committee may provide that any dispute as to any Award shall be presented and determined in such forum
as the Committee may specify, including through binding arbitration. Any reference in this Plan or in the agreement or other document
evidencing any Award to a provision of law or to a rule or regulation shall be deemed to include any successor law, rule or regulation
of similar effect or applicability.

 

    10

     

    

 

(c) Unfunded Plan. Insofar
as it provides for Awards, the Plan shall be unfunded. Although bookkeeping accounts may be established with respect to Participants who
are granted Awards under this Plan, any such accounts will be used merely as a bookkeeping convenience. The Corporation shall not be required
to segregate any assets which may at any time be represented by Awards, nor shall this Plan be construed as providing for such segregation,
nor shall the Corporation or the Committee be deemed to be a trustee of stock or cash to be awarded under the Plan.

 

(d) Third Party Administrator.
In connection with a Participant’s participation in the Plan, the Corporation may use the services of a third party administrator,
including a brokerage firm administrator, and the Corporation may provide this administrator with personal information about a Participant,
including a Participant’s name, social security number and address, as well as the details of each Award, and this administrator
may provide information to the Corporation concerning the exercise of a Participant’s rights and account data as it relates to Awards
under the Plan.

 

(e) Investment Representations.
As a condition to the exercise of an Award, the Corporation may require the person exercising such Award to represent and warrant at the
time of any such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute
such Shares if, in the opinion of counsel for the Corporation, such a representation is required.

 

16. NON-EXCLUSIVITY OF PLAN

 

Neither the adoption of this
Plan by the Board of Directors nor the submission of this Plan to the shareholders of the Corporation for approval shall be construed
as creating any limitations on the power of the Board of Directors or the Committee to adopt such other incentive arrangements as either
may deem desirable, including, without limitation, the granting of stock options, stock appreciation rights, restricted stock or restricted
stock units otherwise than under this Plan, and such arrangements may be either generally applicable or applicable only in specific cases.

 

17. COMPLIANCE WITH OTHER LAWS AND REGULATIONS

 

This Plan, the grant and exercise
of Awards thereunder, and the obligation of the Corporation to sell, issue or deliver Shares under such Awards, shall be subject to all
applicable federal, state and local laws, rules and regulations and to such approvals by any governmental or regulatory agency as may
be required. The Corporation shall not be required to register in a Participant’s name or deliver any Shares prior to the completion
of any registration or qualification of such Shares under any federal, state or local law or any ruling or regulation of any government
body which the Committee shall determine to be necessary or advisable. To the extent the Corporation is unable to or the Committee deems
it infeasible to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Corporation’s counsel
to be necessary or advisable for the lawful issuance and sale of any Shares hereunder, the Corporation shall be relieved of any liability
with respect to the failure to issue or sell such Shares as to which such requisite authority shall not have been obtained. No Stock Option
shall be exercisable and no Shares shall be issued and/or transferable under any other Award unless a registration statement with respect
to the Shares underlying such Stock Option is effective and current or the Corporation has determined that such registration is unnecessary.

 

18. LIABILITY OF CORPORATION

 

The Corporation shall not be
liable to a Participant or other persons as to: (a) the non-issuance or sale of Shares as to which the Corporation has been unable
to obtain from any regulatory body having jurisdiction the authority deemed by the Corporation’s counsel to be necessary to the
lawful issuance and sale of any Shares hereunder; and (b) any tax consequence expected, but not realized, by any Participant or other
person due to the receipt, exercise or settlement of any Stock Option or other Award granted hereunder.

 

    11Exhibit 10.10

 

MOBILEYE GLOBAL INC.

2022 EQUITY INCENTIVE PLAN

 

RESTRICTED STOCK UNIT AGREEMENT

 

1.                 
Terms of Restricted Stock Unit. This Restricted Stock Unit Agreement, including any appendix attached hereto (this Restricted
Stock Unit Agreement and such appendix, together, this “Agreement”), the Restricted Stock Unit Notice of Grant delivered
online by logging into the E*TRADE Financial Corporation website (or the website of the applicable vendor as may be in effect from time
to time) (the “Notice of Grant”) and the Mobileye Global Inc. 2022 Equity Incentive Plan (the “2022 Plan”),
as such may be amended from time to time, constitute the entire understanding between you, Mobileye Global Inc. (the “Corporation”)
and the Subsidiary that employs you or you provide services for (the “Employer”), regarding the Restricted Stock Units
(“RSUs”) identified in your Notice of Grant. The RSUs granted to you are effective as of the grant date set forth in
the Notice of Grant (the “Grant Date”). If there is any conflict between the terms in this Agreement and the 2022 Plan,
the terms of the 2022 Plan will prevail. Capitalized terms not explicitly defined in this Agreement or in the Notice of Grant but defined
in the 2022 Plan will have the same definitions as in the 2022 Plan.

 

2.                 
Acceptance. If you are instructed by the administrators of the 2022 Plan to accept this Agreement and you fail to do so
in the manner specified by the administrators within the earlier of (i) the first vest date or (ii) 180 days following the Grant Date,
the RSUs identified in your Notice of Grant will be cancelled, except as otherwise determined by the Corporation in its sole discretion.

 

3.                 
Vesting of RSUs. Provided that you remain continuously employed by, or continuously provide services to, the Corporation
or a Subsidiary from the Grant Date specified in the Notice of Grant through each vesting date specified in the Notice of Grant, the RSUs
allocated to each vesting date will vest and be converted into the right to receive the number of shares of the Corporation’s Common
Stock, $0.01 par value (the “Common Stock”), except as otherwise provided in this Agreement. In the event a vesting
date for any RSUs falls on a weekend or any other day on which the applicable stock exchange or national market system upon which the
Common Stock is traded (“Exchange”) is not open, such RSUs will vest on the vesting date specified in the Notice of
Grant, but the Market Value (as defined in the 2022 Plan) of such vested RSUs, including for purposes of tax withholding and reporting,
will be determined as of the next following Exchange trading day; provided, however, that if you are designated by the Board of Directors
to be an “officer” as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934 (a “Section 16 Officer”),
the foregoing shall not apply, and your affected RSUs’ will vest on the next following Exchange trading day and the Market Value
of such vested RSUs will be determined as of the date the RSUs vested. The number of shares of Common Stock into which RSUs convert as
specified in the Notice of Grant will be adjusted for stock splits and similar matters as specified in and pursuant to the 2022 Plan.

 

RSUs will vest to the extent
provided in and in accordance with the terms of the Notice of Grant and this Agreement. If your status as an employee, Consultant or Outside
Director terminates for any reason except death or Disablement (defined below), prior to the vesting dates set forth in your Notice of
Grant, your unvested RSUs will be cancelled.

 

4.                 
Conversion into Common Stock. Shares of Common Stock will be issued or become free of restrictions as soon as practicable
following vesting of the RSUs, provided that you have satisfied your tax withholding obligations as specified under Section 9 of this
Agreement and you have completed, signed and returned any documents and taken any additional action that the Corporation deems appropriate
to enable it to accomplish the delivery of the shares of Common Stock. The shares of Common Stock will be issued in your name (or may
be issued to your executor or personal representative, in the event of your death or Disablement), and may be effected by recording shares
on the stock records of the Corporation or by crediting shares in an account established on your behalf with a brokerage firm or other
custodian, in each case as determined by the Corporation. In no event will the Corporation be obligated to issue a fractional share.

 

     

     

    

 

Notwithstanding the foregoing,
(i) the Corporation will not be obligated to deliver any shares of the Common Stock during any period when the Corporation determines
that the conversion of a RSU or the delivery of shares hereunder would violate any laws of the United States or your country of residence
and/or employment and/or may issue shares subject to any restrictive legends that, as determined by the Corporation’s counsel, is
necessary to comply with securities or other regulatory requirements, and (ii) the date on which shares are issued may include a delay
in order to provide the Corporation such time as it determines appropriate to address tax withholding and other administrative matters.

 

5.                 
Suspension or Termination of RSU for Misconduct. If at any time the Committee of the Board of Directors established pursuant
to the 2022 Plan (the “Committee”), including any Subcommittee or “Authorized Officer” (as defined in Section
8(b)(vi) of the 2022 Plan) notifies the Corporation that they reasonably believe that you have committed an act of misconduct as described
in Section 8(b)(vi) of the 2022 Plan (embezzlement, fraud, dishonesty, nonpayment of any obligation owed to the Corporation or any Subsidiary,
breach of fiduciary duty or deliberate disregard of Corporation rules resulting in loss, damage or injury to the Corporation or any Subsidiary,
an unauthorized disclosure of any Corporation trade secret or confidential information, any conduct constituting unfair competition, inducing
any customer to breach a contract with the Corporation or any Subsidiary or inducing any principal for whom the Corporation or any Subsidiary
acts as agent to terminate such agency relationship), the vesting of your RSUs may be suspended pending a determination of whether an
act of misconduct has been committed. If the Corporation determines that you have committed an act of misconduct, all RSUs not vested
as of the date the Corporation was notified that you may have committed an act of misconduct will be cancelled and neither you nor any
beneficiary will be entitled to any claim with respect to the RSUs whatsoever. Any determination by the Committee or an Authorized Officer
with respect to the foregoing will be final, conclusive, and binding on all interested parties.

 

6.                 
Termination of Employment/Service. Except as expressly provided otherwise in this Agreement, if your employment by, or service
with, the Corporation or any Subsidiary terminates for any reason, whether voluntarily or involuntarily, other than on account of death
or Disablement (as defined in Section 8), all RSUs not then vested will be cancelled on the date of such termination, regardless of whether
such termination is as a result of a divestiture or otherwise. For purposes of this Section 6, your employment or service with any partnership,
joint venture or corporation not meeting the requirements of a Subsidiary in which the Corporation or a Subsidiary is a party will be
considered employment or service for purposes of this provision if either (a) the entity is designated by the Committee as a Subsidiary
for purposes of this provision or (b) you are specifically designated as an employee, Consultant or Outside Director of a Subsidiary for
purposes of this provision.

 

For purposes of this provision,
your employment or service is not deemed terminated if, prior to 60 days after the date of termination from the Corporation or a Subsidiary,
you are rehired by the Corporation or a Subsidiary on a basis that would make you eligible for future RSU grants by the Corporation. In
addition, your transfer from the Corporation to any Subsidiary or from any one Subsidiary to another, or from a Subsidiary to the Corporation
is not deemed a termination of employment or service.

 

7.                 
Death. Except as expressly provided otherwise in this Agreement, if you die while employed by, or providing services to,
the Corporation or any Subsidiary, your RSUs will become 100% vested.

 

8.                 
Disablement. Except as expressly provided otherwise in this Agreement, if your employment or service terminates as a result
of Disablement, your RSUs will become 100% vested upon the later of the date of your termination due to your Disablement or the date of
determination of your Disablement. For purposes of this Agreement, “Disablement” will mean a physical condition arising
from an illness or injury, which renders you incapable of performing work in your regular occupation, as determined by the Corporation.
Your regular occupation is the occupation you routinely perform at the time your Disablement began.

 

    -2-

     

    

 

9.                 
Tax Withholding.

 

(a)              
To the extent RSUs are subject to tax withholding obligations, the taxable amount generally will be based on the Market Value on
the date of the taxable event. RSUs are taxable in accordance with the existing or future tax laws of the country or countries in which
you are subject to tax such as the country or countries in which you reside and/or are employed on the Grant Date, vest dates, or during
the vesting period. Your RSUs may be taxable in more than one country, based on your country of citizenship and/or the countries in which
you resided or were employed on the Grant Date, vest date or during the vesting or other relevant period.

 

(b)              
You will make arrangements satisfactory to the Corporation (or the Subsidiary that employs you, if your Subsidiary is involved
in the administration of the 2022 Plan) for the payment and satisfaction of any income tax, social security tax, payroll tax, social taxes,
applicable national or local taxes, or payment on account of other tax related to withholding obligations that arise by reason of granting
or vesting of RSUs or sale of Common Stock shares from vested RSUs (whichever is applicable).

 

(c)              
The Corporation will not be required to issue or lift any restrictions on shares of the Common Stock pursuant to your RSUs or to
recognize any purported transfer of shares of the Common Stock until such obligations are satisfied.

 

(d)              
Unless provided otherwise by the Committee, these obligations will be satisfied by the Corporation withholding a number of shares
of Common Stock that would otherwise be issued under the RSUs that the Corporation determines has a Market Value sufficient to meet the
maximum tax withholding obligations in all relevant jurisdictions, reduced by the amount of any withholding obligation you have already
satisfied by cash payment to the Corporation. In the event that the Committee provides that these obligations will not be satisfied under
the method described in the previous sentence, you authorize E*TRADE Financial Corporate Services, Inc. and E*TRADE Securities LLC (“E*Trade”),
or any successor plan administrator, to sell a number of shares of Common Stock that are issued under the RSUs, which the Corporation
determines is sufficient to generate an amount that meets the tax withholding obligations plus additional shares to account for rounding
and market fluctuations, and to pay such tax withholding to the Corporation for remittance to the appropriate tax authorities. The shares
may be sold as part of a block trade with other Participants in which all Participants receive an average price.

 

(e)              
You are ultimately liable and responsible for all taxes owed by you in connection with your RSUs, regardless of any action the
Corporation takes or any transaction pursuant to this Section 9 with respect to any tax withholding obligations that arise in connection
with the RSUs. The Corporation makes no representation or undertaking regarding the treatment of any tax withholding in connection with
the grant, issuance, vesting or settlement of the RSUs or the subsequent sale of any of the shares of Common Stock underlying the RSUs
that vest. The Corporation does not commit and is under no obligation to structure the RSU program to reduce or eliminate your tax liability.

 

10.             
Rights as Stockholder. Your RSUs may not be otherwise sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise
transferred in any manner, other than by will or the laws of descent and distribution or as permitted by Rule 701 of the Securities Act
of 1933. Any attempt to transfer, assign, hypothecate or otherwise dispose of your RSUs other than as permitted above, will be void and
unenforceable against the Corporation.

 

    -3-

     

    

 

You will have the rights of
a stockholder only after shares of the Common Stock have been issued to you following vesting of your RSUs and satisfaction of all other
conditions to the issuance of those shares as set forth in this Agreement. RSUs will not entitle you to any rights of a stockholder of
Common Stock and there are no voting or dividend rights with respect to your RSUs. RSUs will remain terminable pursuant to this Agreement
at all times until they vest and convert into shares. As a condition to having the right to receive shares of Common Stock pursuant to
your RSUs, you acknowledge that unvested RSUs will have no value for purposes of any aspect of your employment or service relationship
with the Corporation or a Subsidiary.

 

11.             
Disputes. Any question concerning the interpretation of this Agreement, your Notice of Grant, the RSUs or the 2022 Plan,
any adjustments required to be made thereunder, and any controversy that may arise under this Agreement, your Notice of Grant, the RSUs
or the 2022 Plan will be determined by the Committee (including any person(s) to whom the Committee has delegated its authority) in its
sole and absolute discretion. Such decision by the Committee will be final and binding unless determined pursuant to Section 14(f) to
have been arbitrary and capricious.

 

12.             
Amendments. The 2022 Plan and RSUs may be amended or altered by the Committee or the Board of Directors to the extent provided
in the 2022 Plan.

 

13.             
Data Privacy. You explicitly and unambiguously consent to the collection, use and transfer, in electronic or
other form, of your personal data as described in this document and any other RSU grant materials (“Data”) by and among, as
applicable, the Corporation, the Employer and any other Subsidiary for the exclusive purpose of implementing, administering and managing
your participation in the 2022 Plan.

 

You hereby understand
that the Corporation holds certain personal information about you, including, but not limited to, your name, home address and telephone
number, date of birth, social insurance number or other identification number, salary, nationality, job title, any shares of stock or
directorships held in the Corporation, details of all RSUs or any other entitlement to shares of stock awarded, canceled, exercised, vested,
unvested or outstanding in your favor for the purpose of implementing, administering and managing the 2022 Plan. You hereby understand
that Data will be transferred to E*Trade and any other third parties assisting in the implementation, administration and management of
the 2022 Plan, that these recipients may be located in your country or elsewhere, and that the recipient’s country (e.g., the United
States) may have different data privacy laws and protections than your country. You hereby understand that you may request a list with
the names and addresses of any potential recipients of the Data by contacting your local human resources representative. You authorize
the Corporation, E*Trade and any other possible recipients to receive, possess, use, retain and transfer the Data, in electronic or other
form, for the exclusive purpose of implementing, administering and managing your participation in the 2022 Plan, including any requisite
transfer of such Data as may be required to another broker or other third party with whom you may elect to deposit any shares of Common
Stock acquired under your RSUs. You hereby understand that Data will be held only as long as is necessary to implement, administer and
manage your participation in the 2022 Plan. You hereby understand that you may, at any time, view Data, request additional information
about the storage and processing of Data, require any necessary amendments to Data or refuse or withdraw the consents herein, in any case
without cost, by contacting in writing your local human resources representative. 

 

Further, you understand
that you are providing the consents herein on a purely voluntary basis. If you do not consent, or if you later seek to revoke your consent,
your employment status or service with the Employer will not be affected; the only consequence of refusing or withdrawing your consent
is that the Corporation would not be able to grant you RSUs or other equity awards or administer or maintain such awards. Therefore, you
hereby understand that refusing or withdrawing your consent may affect your ability to participate in the 2022 Plan. For more information
on the consequences of your refusal to consent or withdrawal of consent, you hereby understand that you may contact the human resources
representative responsible for your country at the local or regional level.

 

    -4-

     

    

 

Finally, upon request
of the Corporation or the Employer, you agree to provide an executed data privacy consent form (or any other agreements or consents) that
the Corporation and/or the Employer may deem necessary to obtain from you for the purpose of administering your participation in the 2022
Plan in compliance with the data privacy laws in your country, either now or in the future. You understand and agree that you will not
be able to participate in the 2022 Plan if you fail to provide any such consent or agreement requested by the Corporation and/or the Employer. 

 

14.             
The 2022 Plan and Other Terms.

 

(a)              
Any prior agreements, commitments or negotiations concerning the RSUs are superseded by this Agreement and your Notice of Grant.
You hereby acknowledge that a copy of the 2022 Plan has been made available to you.

 

(b)              
The grant of RSUs to an employee, Consultant or Outside Director in any one year, or at any time, does not obligate the Corporation
or any Subsidiary to make a grant in any future year or in any given amount and should not create an expectation that the Corporation
or any Subsidiary might make a grant in any future year or in any given amount.

 

(c)              
In connection with an initial offering of the Corporation’s Shares pursuant to a registration statement filed by the Corporation
with the Securities and Exchange Commission and upon request of the Corporation or the underwriters
managing such offering of the Corporation’s securities, Participant hereby agrees not to sell, make any short sale of, loan,
grant any option for the purchase of, or otherwise dispose of any securities of the Corporation however or whenever acquired (other than
those included in the registration) without the prior written consent of the Corporation or such underwriters, as the case may be, for
such period of time (not to exceed 180 days) from the effective date of such registration as may be requested by the Corporation or such
managing underwriters and to execute an agreement reflecting the foregoing as may be requested by the underwriters at the time of the
Corporation’s initial public offering. Notwithstanding the foregoing, if during the last 17 days of the restricted period, the Corporation
issues an earnings release or material news or a material event relating to the Corporation occurs, or prior to the expiration of the
restricted period the Corporation announces that it will release earnings results during the 16-day period beginning on the last day of
the restricted period, then, upon the request of the managing underwriter, to the extent required by any Financial
Industry Regulatory Authority rules, the restrictions imposed by this subsection shall continue to apply until the end of the third
trading day following the expiration of the 15-day period beginning on the issuance of the earnings release or the occurrence of the material
news or material event. In no event will the restricted period extend beyond 216 days after the effective date of the registration statement.

 

(d)              
Notwithstanding any other provision of this Agreement, if any changes in law or the financial or tax accounting rules applicable
to the RSUs covered by this Agreement will occur, the Corporation may, in its sole discretion, (i) modify this Agreement to impose such
restrictions or procedures with respect to the RSUs (whether vested or unvested), the shares issued or issuable pursuant to the RSUs and/or
any proceeds or payments from or relating to such shares as it determines to be necessary or appropriate to comply with applicable law
or to address, comply with or offset the economic effect to the Corporation of any accounting or administrative matters relating thereto,
or (ii) cancel and cause a forfeiture with respect to any unvested RSUs at the time of such determination.

 

    -5-

     

    

 

(e)              
Nothing contained in this Agreement creates or implies an employment contract or term of employment upon which you may rely.

 

(f)               
Because this Agreement relates to terms and conditions under which you may be issued shares of Common Stock, an essential term
of this Agreement is that it will be governed by the laws of the State of Delaware, without regard to choice of law principles of Delaware
or other jurisdictions. Any action, suit, or proceeding relating to this Agreement or the RSUs granted hereunder will be brought in the
state or federal courts of competent jurisdiction in the State of California.

 

(g)              
Notwithstanding anything to the contrary in this Agreement or the applicable Notice of Grant, your RSUs are subject to reduction
by the Corporation if you change your employment classification from a full-time employee to a part-time employee, or from a full-time
employee to a Consultant or Outside Director.

 

(h)              
RSUs are not part of your employment or service contract (if any) with the Corporation or any Subsidiary, your salary or fees,
your normal or expected compensation, or other remuneration for any purposes, including for purposes of computing severance pay or other
termination compensation or indemnity.

 

(i)                
In consideration of the grant of RSUs, no claim or entitlement to compensation or damages will arise from termination of your RSUs
or diminution in value of the RSUs or Common Stock acquired through vested RSUs resulting from termination of your active employment by
the Corporation or any Subsidiary (for any reason whatsoever and whether or not in breach of local labor laws) and you hereby release
the Corporation and its Subsidiaries from any such claim that may arise; if, notwithstanding the foregoing, any such claim is found by
a court of competent jurisdiction to have arisen, then you will be deemed irrevocably to have waived your entitlement to pursue such claim.

 

(j)                
Notwithstanding any terms or conditions of the 2022 Plan to the contrary, in the event of involuntary termination of your employment
(whether or not in breach of local labor laws), your right to receive the RSUs and vest in RSUs under the 2022 Plan, if any, will terminate
effective as of the date that you are no longer actively employed and will not be extended by any notice period mandated under local law
(e.g., active employment would not include a period of “garden leave” or similar period pursuant to local law); furthermore,
in the event of involuntary termination of employment (whether or not in breach of local labor laws), your right to sell shares of Common
Stock that converted from vested RSUs after termination of employment, if any, will be measured by the date of termination of your active
employment and will not be extended by any notice period mandated under local law.

 

(k)              
Notwithstanding any provision of this Agreement, the Notice of Grant or the 2022 Plan to the contrary, if, at the
time of your termination of employment with the Corporation or any of its Subsidiaries, you are a “specified employee”
as defined in Section 409A of the Internal Revenue Code (“Code”), and one or more of the payments or benefits received
or to be received by you pursuant to the RSUs would constitute deferred compensation subject to Section 409A, no such payment
or benefit will be provided under the RSUs until the earliest of (A) the date which is six (6) months after your “separation from
service” for any reason, other than death or “disability” (as such terms are used in Section 409A(a)(2) of the Code),
(B) the date of your death or “disability” (as such term is used in Section 409A(a)(2)(C) of the Code) or (C) the effective
date of a “change in the ownership or effective control” of the Corporation (as such term is used in Section 409A(a)(2)(A)(v)
of the Code). Each payment under this Agreement shall be treated as a separate payment for purposes of Section 409A of the Code. The RSUs
are intended to comply with or be exempt from the applicable requirements of Section 409A of the Code and shall be limited, construed
and interpreted in accordance with such intent; provided, that the Corporation does not guarantee you any particular tax treatment of
the RSUs. In addition, if any provision of the RSUs would cause you to incur any penalty tax or interest under Section
409A of the Code or any regulations or Treasury guidance promulgated thereunder, the Corporation may reform such provision to maintain
to the maximum extent practicable the original intent of the applicable provision without violating the provisions of Section 409A of
the Code. In no event whatsoever shall the Corporation be liable for any additional tax, interest or penalties that may be imposed on
you by Section 409A of the Code or any damages for failing to comply with Section 409A of the Code.

 

    -6-

     

    

 

(l)                
Copies of the Corporation’s Annual Report to Stockholders for its latest fiscal year and the Corporation’s latest quarterly
report are available, without charge, on the Corporation’s website and at the Corporation’s business office.

 

(m)            
The Corporation is not providing any tax, legal or financial advice, nor is the Corporation making any recommendations regarding
your participation in the 2022 Plan, or his or her acquisition or sale of the underlying shares of Common Stock. You understand and agree
that you are advised to consult with your own personal tax, legal and financial advisors regarding your participation in the 2022 Plan
before taking any action related to the 2022 Plan.

 

(n)              
In the event that any provision in this Agreement will be held invalid or unenforceable, such provision will be severable from,
and such invalidity or unenforceability will not be construed to have any effect on, the remaining provisions of this Agreement.

 

(o)              
You acknowledge that a waiver by the Corporation of breach of any provision of this Agreement shall not operate or be construed
as a waiver of any other provision of this Agreement, or of any subsequent breach of this Agreement.

 

15.             
Appendix. The RSUs and the shares of Common Stock acquired under the 2022 Plan shall be subject to any special terms and
conditions for your country set forth in the Appendix to this Agreement. Moreover, if you relocate to one of the countries included in
the Appendix, the special terms and conditions for such country will apply to you, to the extent that the Corporation determines that
application of such terms and conditions is necessary or advisable for legal or administrative reasons. The Appendix constitutes part
of this Agreement.

 

16.             
Imposition of Other Requirements. The Corporation reserves the right to impose other requirements on the RSUs and on any
shares of Common Stock acquired upon vesting of the RSUs, to the extent that the Committee determines it is necessary for legal or administrative
reasons, and to require you to sign any additional agreements or undertakings that may be necessary to accomplish the foregoing.

 

* * * * *

 

By acknowledging this grant
of an award or your acceptance of this Agreement in the manner specified by the administrator, you, Mobileye Global Inc. and the Employer
agree that the RSUs identified in your Notice of Grant are governed by the terms of this Agreement, the Notice of Grant and the 2022 Plan.
You further acknowledge that you have read and understood the terms of the RSUs set forth in this Agreement, the Notice of Grant and the
2022 Plan.

 

    -7-

     

    

 

APPENDIX TO THE

 

MOBILEYE GLOBAL INC.

2022 EQUITY INCENTIVE PLAN 

 

RESTRICTED STOCK UNIT AGREEMENT

 

Capitalized terms used and not defined in this
Appendix will have the meaning given to them in the Restricted Stock Unit Agreement (the “Agreement”) and/or the Mobileye
Global Inc. 2022 Equity Incentive Plan (the “2022 Plan”), as applicable.

 

Terms and Conditions

 

This Appendix, which is part of the Agreement,
contains additional or different terms and conditions that govern the RSUs if you are residing and/or employed outside of the United States.
The terms and conditions in Part A apply to all Participants outside of the United States. The country-specific terms and
conditions in Part B apply to Participants located in any of the countries listed in Part B.

 

If you are a citizen or resident of a country
other than the one in which you are currently residing and/or working, transfer employment and/or residency to another country after the
RSUs are granted to you or are considered a resident of another country for local law purposes, the Corporation will determine to what
extent the terms and conditions herein will apply to you.

 

Notifications

 

This Appendix also includes information regarding
securities laws and certain other issues of which you should be aware with respect to your participation in the 2022 Plan. The information
is based on the securities, exchange control and other laws in effect in the respective countries as of May 2022. Such laws are often
complex and change frequently. As a result, the Corporation strongly recommends that you not rely on the information noted herein as the
only source of information relating to the consequences of your participation in the 2022 Plan because the information may be out of date
at vesting and settlement of the RSUs, upon the subsequent sale of the shares of Common Stock or upon the receipt of any dividends.

 

In addition, the information is general in nature
and may not apply to your particular situation, and the Corporation is not in a position to assure you of any particular result. Accordingly,
you should seek appropriate professional advice as to how the relevant laws in your country may apply to your situation.

 

		A.	NON-U.S. PROVISIONS

 

1.                  
Nature of Grant. The following provision supplements Section 14 of the Restricted Stock Unit Agreement. In accepting the
RSUs, you acknowledge, understand and agree that:

 

(a)               
the 2022 Plan is established voluntarily by the Corporation, is discretionary in nature and may be modified, amended, suspended
or terminated by the Corporation at any time, to the extent permitted by the 2022 Plan;

 

(b)               
the grant of the RSUs is voluntary and occasional and does not create any contractual or other right to receive future grants of
restricted stock units, or benefits in lieu of restricted stock units, even if restricted stock units have been granted in the past;

 

     

     

    

 

(c)               
all decisions with respect to future restricted stock units or other grants, if any, will be at the sole discretion of the Corporation;

 

(d)               
the grant of RSUs and your participation in the 2022 Plan shall not create a right to employment or be interpreted as forming an
employment or service contract with the Corporation, the Employer, or any parent or Subsidiary and shall not interfere with the ability
of the Corporation, the Employer, or any parent or Subsidiary to terminate your employment;

 

(e)               
you are voluntarily participating in the 2022 Plan;

 

(f)                
the RSUs and the shares of Common Stock subject to the RSUs, and the income from and value of same, are not intended to replace
any pension rights or compensation;

 

(g)               
the RSUs and the shares of Common Stock subject to the RSUs, and the income from and value of same, are not part of normal or expected
compensation or salary for any purposes, including, but not limited to, calculation of any severance, resignation, termination, redundancy,
dismissal, end-of-service payments, bonuses, long-service awards, pension or retirement or welfare benefits or similar mandatory payments;

 

(h)               
the future value of the underlying shares of Common Stock is unknown, indeterminable and cannot be predicted with certainty;

 

(i)                
notwithstanding any terms or conditions of the 2022 Plan to the contrary, for purposes of your RSUs, your employment or consulting
services will be considered terminated as of the date you are no longer actively providing services to the Corporation or any Subsidiary
(regardless of the reason for such termination and whether or not later found to be invalid or in breach of employment laws in the jurisdiction
where you are providing service or the terms of your service agreement, if any) and will not be extended by any notice period (e.g., your
period of service would not include any contractual notice period or any period of “garden leave” or similar period mandated
under employment laws in the jurisdiction where you are providing service or the terms of your service agreement, if any). The Committee
shall have the exclusive discretion to determine when you are no longer actively providing services for purposes of your RSU grant (including
whether you may still be considered to be providing services while on a leave of absence); and

 

(j)                
neither the Corporation nor the Employer nor any parent or Subsidiary will be liable for any foreign exchange rate fluctuation
between your local currency and the United States Dollar that may affect the value of the RSUs or of any amounts due to you pursuant to
the RSUs or the subsequent sale of any shares of Common Stock subject to the RSUs acquired under the 2022 Plan.

 

2.                  
Language. You acknowledge that you are proficient in the English language, or have consulted with an advisor who is sufficiently
proficient in English, so as to allow you to understand the terms and conditions of this Agreement. If you have received this Agreement
or any other document related to the RSUs translated into a language other than English and if the meaning of the translated version differs
from the English version, the English version shall control.

 

3.                  
Electronic Delivery and Participation. The Corporation may, in its sole discretion, decide to deliver any documents related
to RSUs granted under the 2022 Plan or future RSUs that may be granted under the 2022 Plan by electronic means or request your consent
to participate in the 2022 Plan by electronic means. You hereby consent to receive such documents by electronic delivery and agree to
participate in the 2022 Plan through any on-line or electronic system established and maintained by the Corporation or a third party designated
by the Corporation.

 

    -2-

     

    

 

4.                  
Insider Trading Restrictions/Market Abuse Laws. You acknowledge that you may be subject to insider trading restrictions
and/or market abuse laws based on the exchange on which the shares of Common Stock are listed and in applicable jurisdictions, including
the United States, your country and the broker’s country, which may affect your ability to accept, acquire, sell or otherwise dispose
of shares of Common Stock, rights to shares of Common Stock (e.g., RSUs) or rights links to the value of shares of Common Stock
under the 2022 Plan during such times as you considered to have “inside information” regarding the Corporation (as defined
by the laws in the applicable jurisdictions). Local insider trading laws and regulations may prohibit the cancellation or amendment of
orders you placed before you possessed inside information. Any restrictions under these laws or regulations are separate from and in addition
to any restrictions that may be imposed under any applicable Corporation insider trading policy. You acknowledge that it is your responsibility
to comply with any applicable restrictions and that you should speak to your personal advisor on this matter.

 

5.                  
Exchange Control, Foreign Asset/Account and/or Tax Reporting Requirements. You acknowledge that there may be certain exchange
control, foreign asset/account and/or tax reporting requirements which may affect your ability to acquire or hold shares of Common Stock
or cash received from participating in the 2022 Plan (including the proceeds from the sale of shares of Common Stock and the receipt of
any dividends) in a brokerage or bank account outside your country. You may be required to report such accounts, assets or related transactions
to the tax or other authorities in your country. You also may be required to repatriate sale proceeds or other funds received as a result
of participating in the 2022 Plan to your country within a certain time after receipt. You acknowledge that it is your responsibility
to comply with such regulations and that you should speak to your personal advisor on this matter.

 

B.       COUNTRY-SPECIFIC
PROVISIONS

 

GERMANY

 

Control of 2022 Plan. For the avoidance
of doubt, the 2022 Plan shall only control unless otherwise stipulated in this Section.

 

Definition of Disability. The definition
of “disability” or “Disablement” for purposes of the RSUs and the 2022 Plan shall, for the avoidance of doubt,
be interpreted as understood and interpreted by German law.

 

Eligible Participant. The Corporation’s
discretion to award rights under the 2022 Plan to eligible Participants shall be exercised in a way complying with German law, in particular
with the labor law principle of equal treatment (arbeitsrechtlicher Gleichbehandlungsgrundsatz) and with the prohibition of discrimination
(Diskriminierungsverbot).

 

Leaves of Absences. The Corporation’s
discretion to grant awards under the 2022 Plan shall be exercised in a manner complying with German law, in particular with the labor
law principle of equal treatment (arbeitsrechtlicher Gleichbehandlungsgrundsatz) and with the prohibition of discrimination (Diskriminierungsverbot).
For the avoidance of doubt, any sick leave or other leave of absence as used in the 2022 Plan shall be interpreted and applied as compliant
with German law.

 

Clawback. For the avoidance of doubt, any
clawback shall only be made as permitted under German law requisites.

 

Remedies. For the avoidance of doubt, remedies
shall only be claimed as permitted under German law requisites.

 

No Legal Claim. Participant acknowledges
and agrees that the Award is a voluntary one-time benefit, and that Participant does not have a legal claim for further grants.

 

    -3-

     

    

 

Board and Committee Discretion and Decisions.
The discretion of the Committee under the 2022 Plan, the Agreement and this Section, including their interpretation, shall always be exercised
reasonably (nach billigem Ermessen) as defined under German law.

 

Consent to Personal Data Processing and Transfer.
The following provisions shall apply in lieu of Section 14 of the Agreement: It shall be a term and condition of each award under the
2022 Plan that Participant acknowledges and consents to the collection, use, processing and transfer of personal data as described below.
The Corporation and certain Subsidiaries of the Corporation (all together, the “Company Entities”) hold certain personal
information, including Participant’s name, home address and telephone number, date of birth, social security number or other employee
tax identification number, employment history and status, salary, nationality, job title, and any equity compensation grants awarded,
cancelled, purchased, vested, unvested or outstanding in Participant’s favor, for the only purpose of managing and administering
the 2022 Plan (“Data”). The Company Entities will transfer Data to any third parties assisting the Corporation in the
implementation, administration and management of the 2022 Plan. The Company Entities may also make the Data available to public authorities
where required under locally applicable law. These recipients may be located in the United States, the European Economic Area, or elsewhere,
which Participant separately and expressly consents to, accepting that outside the European Economic Area, data protection laws may not
be as protective as within. The third parties currently assisting the Corporation in the implementation, administration and management
of the 2022 Plan are the following: However, from time to time, the Company Entities may retain additional or different third parties
for any of the purposes mentioned on which the Corporation will inform Participant and seek the additional consent of Participant. Participant
hereby authorizes the Company Entities to receive, possess, use, retain and transfer the Data, in electronic or other form, for the purposes
of implementing, administering and managing participation in the 2022 Plan, including any requisite transfer of such Data as may be required
for the administration of the 2022 Plan on behalf of Participant to a third party with whom Participant may have elected to have payment
made pursuant to the 2022 Plan. Participant may, at any time, review Data, require any necessary amendments to it or withdraw the consent
herein in writing by contacting the Corporation through its local Human Resources Director; however, withdrawing the consent may affect
Participant’s ability to participate in the 2022 Plan and receive the benefits under the Agreement. Data will only be held as long
as necessary to implement, administer and manage Participant’s participation in the 2022 Plan and any subsequent claims or rights.

 

Taxes and Other Withholding. For the avoidance
of doubt, any withholding and payment obligations under the 2022 Plan and the Agreement shall be made by the relevant member of the Company
Entities employing Participant when due and any taxes should always include German social security contributions (including Participant’s
portion) and mandatory withholding and pay obligations in accordance with German law.

 

Tax Consequences. Any tax consequences
arising from the vesting or distribution or otherwise pursuant to an Award shall be borne solely by Participant (including, without limitation,
Participant’s individual income tax and Participant’s social security contributions, if applicable). The Company Entities
shall be entitled to (a) withhold Participant’s social security contributions and individual income tax (if required) according
to the requirements under applicable laws, rules and regulations, including withholding taxes at source and (b) report the income and
requested details in respect of any award to the competent tax and social security authorities. Furthermore, Participant shall agree to
indemnify the Company Entities and hold them harmless against and from any and all liability for any such tax or other payment or interest
or penalty thereon, including without limitation, liabilities relating to the necessity to withhold, or to have withheld, any such tax
from any payment made to Participant.

 

ISRAEL

 

Terms and Conditions

 

Capital Gains Track Requirements. By accepting
the award of RSUs, you acknowledge and agree that the award is subject to the 2022 Plan, the Israel Sub-Plan and Sections 102(b)(2) and
(3) of the Income Tax Ordinance (New Version) – 1961, the Rules, and the Trust Agreement (as defined in the Israel Sub-Plan), a
copy of which has been made available to you. You confirm that (a) you are familiar with the terms and provisions of Section 102 of the
ITO, particularly the Capital Gains Track described in subsection (b)(2) and (3) thereof, and agrees not to require the Trustee to release
the award or to sell or transfer the award to you or any third party unless permitted to do so by applicable law (b) the terms and restrictions
set forth in the Israel Sub-Plan will apply to the award in all respects, including without limitation with respect to mandatory tax withholding
requirements, and the rights and authorities of the Company, its Affiliates and the Trustee with respect thereto, and (c) the Company,
its affiliates, assignees and successors shall be under no duty to ensure, and no representation or commitment is made, that an award
qualifies or shall qualify under any particular tax treatment.

 

    -4-

     

    

 

You further acknowledge and
agree that the RSUs and any Shares issued upon vesting thereof shall be deposited with the Trustee, or shall be subject to a supervisory
trustee arrangement approved by the ITA for the Trustee, in order to comply with the requirements of the capital gains track under Sections
102(b)(2) and (3) of the ITO.

 

You hereby undertake to release
the Trustee from any liability in respect of any action or decision duly taken and bona fide executed in relation to the 2022 Plan, the
RSUs or Shares issued thereunder.

 

Data Privacy. The following provision supplements
Section 14 of the 2022 Plan:

 

You hereby authorize the Corporation, the Trustee
and their representatives to collect, use and transfer all relevant information regarding your participation in the 2022 Plan to all Company
personnel and agents and or third parties involved in the administration of the 2022 Plan and/or in the event of a corporate financing,
merger, acquisitions and/or business transfers, including transfers outside of Israel and further transfers thereafter.

 

JAPAN

 

Terms and Conditions

 

No Registration. An award of RSUs representing
a right to receive a number of Shares under the 2022 Plan will be offered in Japan by a private placement to small number of subscribers
(shoninzu muke kanyu), as provided under Article 23-13, Paragraph 4 of the Financial Instruments and Exchange Law of Japan (“FIEL”),
and accordingly, the filing of a securities registration statement pursuant to Article 4, Paragraph 1 of the FIEL has not been made, and
such Award may not be assigned or transferred by Participant.

 

    -5-

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