SEC Contract Filing

Filing Date: 2023-03-06

Document Content:
<DOCUMENT>
<TYPE>EX-10.23
<SEQUENCE>7
<FILENAME>f10k2022ex10-23_oramedpharma.htm
<DESCRIPTION>FORM OF RESTRICTED STOCK UNIT NOTICE AND RESTRICTED STOCK UNIT AGREEMENT
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 10.23</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ORAMED PHARMACEUTICALS INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>AMENDED AND RESTATED 2019 STOCK INCENTIVE PLAN</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Restricted Stock Unit Notice</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

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 <TD STYLE="width: 7%">&nbsp;</TD>
 <TD STYLE="width: 30%; font-size: 10pt"><FONT STYLE="font-size: 10pt">Grantee Name and Address:</FONT></TD>
 <TD STYLE="width: 63%; font-size: 10pt">_________________________________________</TD></TR>
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 <TD>&nbsp;</TD>
 <TD STYLE="font-size: 10pt">&nbsp;</TD>
 <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
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 <TD>&nbsp;</TD>
 <TD STYLE="font-size: 10pt">&nbsp;</TD>
 <TD STYLE="font-size: 10pt">_________________________________________</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">In accordance with and subject to the Restricted
Stock Unit Agreement, of which this Restricted Stock Unit Notice is a part (which together, constitute the &ldquo;Customizing Information&rdquo;),
the Company hereby grants to the above named grantee (the &ldquo;Grantee&rdquo;) the following Restricted Stock Units.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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 <TD STYLE="width: 30%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Grant Date:</FONT></TD>
 <TD STYLE="width: 63%">______________________________________</TD>
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 <TD>&nbsp;</TD>
 <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Restricted Stock Units Granted:</FONT></TD>
 <TD>______________________________________</TD>
 </TR>
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 <TD>&nbsp;</TD>
 <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Purchase Price, if any:</FONT></TD>
 <TD>______________________________________</TD>
 </TR>
 <TR STYLE="vertical-align: top">
 <TD>&nbsp;</TD>
 <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Total Exercise Price:</FONT></TD>
 <TD>______________________________________</TD>
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 <TD>&nbsp;</TD>
 <TD><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Form of Settlement:</FONT></TD>
 <TD>______________________________________</TD>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">Restricted Stock Unit Vesting Schedule:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 36pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
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 <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
 <TD COLSPAN="2" STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">Percentage of Total Restricted Stock Units Vested</FONT></TD></TR>
 <TR STYLE="vertical-align: bottom">
 <TD STYLE="width: 51%; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">Vesting date</FONT></TD>
 <TD STYLE="width: 25%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">Incremental Amount</FONT></TD>
 <TD STYLE="width: 24%; border-bottom: Black 1pt solid; border-right: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">Cumulative Amount</FONT></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

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