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RELATED PARTIES (Tables) | 12 Months Ended
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Dec. 31, 2020
Related Party Transactions [Abstract] |
Schedule of Target-based Cash Incentives | • "Target-based Cash Incentives" means a cash incentive awarded to the Executive Office Holders for the Company's achievement of the following Profit-Before-Tax targets in each calendar year following the effective date of the above agreements, in which the Minimum Threshold (as defined below) has been achieved:
Company's Profit-Before-Tax Targets (In US$ thousands) (*) |  | Level of Incentive - As a Percentage of the Executive Office Holder's Annual Cost of Pay
24,001 - 27,500 |  | 20%
27,501-31,000 |  | 45%
31,001-35,000 |  | 75%
35,001-39,000 |  | 110%
Above 39,001 |  | 150%
Schedule of aggregate amounts paid to Executive Offices | Herein below is attached table regards the aggregate amounts paid to Executive Offices Holders:
|  | US dollars |
|  | Year ended December 31, |
(in thousands) |  | 2020 |  |  | 2019 |  |  | 2018 |
Izzy Sheratzky |  |  | 1,096 |  |  |  | 2,136 |  |  |  | 2,859 |
Eyal Sheratzky |  |  | 864 |  |  |  | 1,707 |  |  |  | 2,224 |
Nir Sheratzky |  |  | 864 |  |  |  | 1,707 |  |  |  | 2,208 |
Gil Sheratzky |  |  | 518 |  |  |  | 1,051 |  |  |  | 1,039 |

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