<SEC-DOCUMENT>0001178913-25-003526.txt : 20251020
<SEC-HEADER>0001178913-25-003526.hdr.sgml : 20251020
<ACCEPTANCE-DATETIME>20251020160456
ACCESSION NUMBER:		0001178913-25-003526
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20251020
FILED AS OF DATE:		20251020
DATE AS OF CHANGE:		20251020

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TAT TECHNOLOGIES LTD
		CENTRAL INDEX KEY:			0000808439
		STANDARD INDUSTRIAL CLASSIFICATION:	AIRCRAFT ENGINES & ENGINE PARTS [3724]
		ORGANIZATION NAME:           	04 Manufacturing
		EIN:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-16050
		FILM NUMBER:		251403830

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		P.O. BOX 80
		CITY:			GEDERA
		PROVINCE COUNTRY:   	L3
		ZIP:			70750
		BUSINESS PHONE:		2127025962

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		P.O. BOX 80
		STREET 2:		445 PARK AVE SUMMIT ROVINS & FELDESMAN
		CITY:			GEDERA
		PROVINCE COUNTRY:   	L3
		ZIP:			70750

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GALAGRAPH LIMITED
		DATE OF NAME CHANGE:	19920609
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>zk2533865.htm
<DESCRIPTION>6-K
<TEXT>
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      <div style="text-align: center; line-height: 1.25; font-weight: bold; font-size: 14pt;">SECURITIES AND EXCHANGE COMMISSION</div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">Washington, D.C.&#160; 20549</div>
      <div style="text-align: center; line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25;">
        <hr align="center" style="height: 2px; width: 25%; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold; font-size: 14pt;">F O R M 6-K</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 </div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">UNDER THE SECURITIES EXCHANGE ACT OF 1934</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">For the month of October 2025</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold; font-size: 16pt;">TAT TECHNOLOGIES LTD.</div>
      <div style="text-align: center; line-height: 1.25;">(Name of Registrant)</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: center; line-height: 1.25;">Hamelacha 5, Netanya 4250407 Israel</div>
      <div style="text-align: center; line-height: 1.25;">(Address of Principal Executive Office)</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25; text-align: center;">Form 20-F &#9746;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Form 40-F &#9744;</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): &#9744;</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): &#9744;</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities
        Exchange Act of 1934.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: center; line-height: 1.25;">Yes &#9744;&#160;&#160;&#160;&#160;&#160;&#160;&#160; No &#9746;</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-indent: 72pt; line-height: 1.25;">If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ____________</div>
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      <div style="text-align: center; line-height: 1.25; font-weight: bold; font-size: 12pt;">Annual and Special General Meeting of Shareholders &#8211; Supplemental Information</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">TAT Technologies Ltd. (the &#8220;<font style="font-weight: bold; font-style: italic;">Company</font>&#8221;) hereby provides the following supplemental information in connection with the Special General
        Meeting of Shareholders of the Company be held on&#160;November 4, 2025, at&#160;500 P.M. Israel time, at the offices of Naschitz, Brandes, Amir &amp; Co., Advocates, located at 5 Tuval Street, Tel-Aviv, Israel (the &#8220;<font style="font-weight: bold; font-style: italic;">Meeting</font>&#8221;).</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">Information</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">The Company hereby announces that it has resolved to withdraw the portion of the proposed amendment to Article XI of the Company&#8217;s 2012 Incentive Plan that sought to delete the original provision
        set forth below, and to reinstate such provision.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25; font-style: italic; font-weight: bold;">The provision that was proposed in the amendment and deleted:</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25; font-style: italic;">"All grants of Awards, including Incentive Stock Options (&#8220;<font style="font-weight: bold;">ISOs</font>&#8221;), shall be valid and binding upon approval by the Board, without the
        need for any further approval. For the avoidance of doubt, all ISOs granted under this Plan shall be fully effective as of the date of the relevant Board resolution approving such grants."</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25; font-style: italic; font-weight: bold;">The provision reinstated to the Plan:</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25; font-style: italic;">"Without derogating from the above and in addition thereto, and solely with respect to grants of ISO, the Plan shall be approved by the shareholders of the Company, which
        approval shall be received within twelve (12) months following the relevant Board resolution (the &#8220;<font style="font-weight: bold;">Effective Date</font>&#8221;). All and any grants of ISOs to Optionees under the Plan as of the Effective Date shall be
        subject to the said shareholders&#8217; approval. Failure to obtain such approval by the shareholders within such period shall not in any way derogate from the valid and binding effect of any grant of an Option, except that any Options previously granted
        under this Plan as Incentive Stock Option may not qualify as an Incentive Stock Option but, rather, shall constitute NQSO. Upon approval of this Plan by the shareholders of the Company as set forth above, all ISOs granted under this Plan on or
        after the Effective Date shall be fully effective as if the shareholders of the Company had approved this Plan on the Effective Date."</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">Accordingly, the Company emphasizes that this is the&#160;current wording of the relevant portion of Article XI&#160;of the Company&#8217;s 2012 Incentive Plan, <font style="font-weight: bold;">pursuant to which
          any amendment to the Plan shall also require the approval of the Company&#8217;s shareholders.</font></div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">It is further clarified that all other amendments to the 2012 Incentive Plan, as proposed in the original Company&#8217;s Proxy Statement, dated September 29, 2025, shall remain unchanged and will be
        submitted for shareholders&#8217; approval under item no. 6 on the agenda.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">The amended version of the 2012 Incentive Plan, reflecting the reinstated provision described above, is attached hereto as <a href="exhibit_a.htm"><font style="font-weight: bold;"><u>Exhibit A</u></font></a>.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25; font-style: italic; font-weight: bold;">General Meeting Information</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">Further information regarding the proposals on the agenda for the Meeting is included in the Company&#8217;s Proxy Statement, dated September 29, 2025, which was mailed to the Company&#8217;s shareholders and
        foiled with the Commission.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">Please note that the date and time of the Meeting have not changed, and that you may use the form of proxy card and written ballot previously provided with respect to the Meeting.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">The Company shall deem the votes submitted in connection with the Meeting as incorporating the items amended herewith.</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; line-height: 1.25;">If you have already submitted your proxy card or written ballot and wish to revise your vote in view of this announcement, please act in accordance with the instructions set forth under the title "<font style="font-style: italic;">Voting and Proxies</font>" in the Proxy Statement for the Meeting.</div>
      <div style="text-align: center; line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: center; line-height: 1.25;">*&#160;&#160; *&#160;&#160; *&#160;&#160; *&#160;&#160; *</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">2</font></div>
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      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: center; line-height: 1.25;">SIGNATURE</div>
      <div style="line-height: 1.25;"><font style="font-family: 'Times New Roman';"><br style="line-height: 1.25;">
        </font> </div>
      <font style="font-family: 'Times New Roman';"> </font>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25; font-family: 'Times New Roman';">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be
        signed on its behalf by the undersigned, thereunto duly authorized.</div>
      <font style="font-family: 'Times New Roman';"> </font>
      <div style="line-height: 1.25;"><font style="font-family: 'Times New Roman';"><br style="line-height: 1.25;">
        </font> </div>
      <font style="font-family: 'Times New Roman';"> </font>
      <div style="line-height: 1.25;">
        <table cellspacing="0" cellpadding="0" border="0" style="font-family: Arial; font-size: 10pt; color: #000000; width: 100%;" id="z318151d0ef9548908433d36a2a8cb556">

            <tr>
              <td style="width: 50%; font-family: 'Times New Roman';">
                <div>&#160;</div>
              </td>
              <td style="width: 50%;">
                <div>
                  <div style="line-height: 1.25; font-family: 'Times New Roman';"><u>TAT TECHNOLOGIES LTD.</u></div>
                  <div style="line-height: 1.25; font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;(Registrant)</div>
                  <div style="line-height: 1.25;"><font style="font-family: 'Times New Roman';"><br style="line-height: 1.25;">
                    </font> </div>
                  <div style="line-height: 1.25; font-family: 'Times New Roman';">By: <u>/s/ </u><u>Ehud Ben-Yair</u></div>
                  <div style="line-height: 1.25; font-family: 'Times New Roman';">&#160;&#160;&#160; &#160;&#160; Ehud Ben-Yair</div>
                  <div style="line-height: 1.25; font-family: 'Times New Roman';">&#160;&#160;&#160;&#160;&#160;&#160; Chief Financial Officer</div>
                </div>
              </td>
            </tr>

        </table>
      </div>
      <div style="line-height: 1.25;"><font style="font-family: 'Times New Roman';"><br style="line-height: 1.25;">
        </font> </div>
      <font style="font-family: 'Times New Roman';"></font>
      <div style="line-height: 1.25; font-family: 'Times New Roman';">Date: October 20, 2025</div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="line-height: 1.25; text-align: center;"><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" class="BRPFPageNumber">3</font></div>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>exhibit_a.htm
<DESCRIPTION>EXHIBIT A
<TEXT>
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    <div style="text-align: right;"> <font style="font-weight: bold;"><u>Exhibit A</u></font></div>
    <div> <br>
    </div>
    <div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">TAT TECHNOLOGIES LTD.</div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">__________________________</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">2012 <u>INCENTIVE</u> PLAN</div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;">__________________________</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25;"><a name="ARTICLEI"><!--Anchor--></a><font style="font-weight: bold;">ARTICLE I</font><br>
        <br>
        PURPOSE; TYPES OF AWARDS; CONSTRUCTION</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">1.1</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Purpose</u>. The purpose of this Plan is to enhance the profitability and value of the Company for the benefit of its
        stockholders by enabling the Company to offer Eligible Employees, Consultants and Non&#8209;Employee Directors incentive awards to attract, retain and reward such individuals and strengthen the mutuality of interests between such individuals and the
        Company&#8217;s stockholders.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">1.2</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Types of Awards</u>. This Plan is intended to enable the Company to issue Awards under varying tax regimes, including,
        without limitation:</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Awards to be granted to Participants who are deemed to be residents of the State of Israel for purposes of taxation, pursuant and subject to the
        provisions of Section 102 of the Ordinance, including without limitation the Israeli Income Tax Rules (Tax Benefits in Stock Issuance to Employees) 5763-2003 (the &#8220;<font style="font-weight: bold;">Rules</font>&#8221;) or such other rules published by ITA
        (such Awards, &#8220;<font style="font-weight: bold;">102 Stock Options</font>&#8221;). 102 Stock Options may either be granted to a Trustee or without a trustee;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;"><u>(b)</u>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;Incentive Stock Options&#8221; within the meaning of Section 422 of the Code, or the corresponding provision of any subsequently enacted United
        States federal tax statute, as amended from time to time, to be granted to Participants who are deemed to be residents of the United States for purposes of taxation;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;"><u>(c)</u>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Performance Share Unit Awards; and</u></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;"><u>(d)</u>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Restricted Share Awards and Restricted Share Unit Awards.</u></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: -36pt; margin-left: 108pt; line-height: 1.25;"><strike>(b)</strike> &#160; &#160; &#160; &#160; <strike>and</strike></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">1.3</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Construction</u>. To the extent any provision herein conflicts with the conditions of any relevant tax law or regulation
        which are relied upon for tax relief in respect of a particular Award to a Participant, the provisions of such law or regulation shall prevail over those of the Plan and the Committee is empowered hereunder to interpret and enforce the said
        prevailing provisions.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25;"></div>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">i</font></div>
        <div class="BRPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: center; line-height: 1.25;"><a name="ARTICLEII"><!--Anchor--></a> <font style="font-weight: bold;">ARTICLE II</font><br>
        <br>
        DEFINITIONS</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"> <br>
      </div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">For purposes of this Plan, the following terms shall have the following meanings:</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><u>2.1</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>&#8220;102 Award&#8221;</u></font><u> means any Award granted pursuant to Section 102 and
          other rulings, procedures and clarifications promulgated thereunder or issued by the ITA.</u></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike>2.1 </strike><u>2.2</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>102 Stock Options</u></font>&#8221; has the meaning
        set forth for such term in Section 1.2(a).&#160;&#160; </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;">2.2 </font></strike><u>2.3</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Acquisition
            Event</u></font>&#8221; means a merger, reorganization, consolidation or a similar event in which the Company is not the surviving entity, any transaction that results in the acquisition of all or substantially all of the Company&#8217;s outstanding
        Ordinary Shares by a single person or entity or by a group of persons and/or entities acting in concert, or the sale or transfer of all or substantially all of the Company&#8217;s assets.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;">2.3 </font></strike><u>2.4</u></font><u>&#160;</u>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Affiliate</u></font>&#8221; means each of the following: (a)&#160;any Subsidiary; (b) any Parent; (c)&#160;any corporation, trade or business (including, without limitation, a partnership or limited liability company) which is
        directly or indirectly controlled 50% or more (whether by ownership of stock, assets or an equivalent ownership interest or voting interest) by the Company or one of its Affiliates; (d) any corporation, trade or business (including, without
        limitation, a partnership or limited liability company) which directly or indirectly controls 50% or more (whether by ownership of stock, assets or an equivalent ownership interest or voting interest) of the Company; (e)&#160;any other entity in which
        the Company or any of its Affiliates has a material equity interest and which is designated as an &#8220;Affiliate&#8221; by resolution of the Committee; and (f) for the purpose of 102 Stock Options, also an &#8220;Employing Company&#8221; within the meaning of section
        102(a) of the Ordinance.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;">2.4 </font></strike><u>2.5</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Award</u></font>&#8221;
        means any award under this Plan.&#160; All Awards shall be granted by, confirmed by, and subject to the terms of an Award Agreement.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;">2.5 </font></strike><u>2.6</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Award
            Agreement</u></font>&#8221; means the written agreement executed by the Company and the Participant setting forth terms and provisions applicable to each Award granted under the Plan. The Award Agreement is subject to the terms and conditions of the
        Plan.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;">2.6 </font></strike><u>2.7</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Board</u></font>&#8221; means the
        Board of Directors of the Company.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;">2.7 </font></strike><u>2.8</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Cause</u></font>&#8221;
        means, unless otherwise defined by the Participant&#8217;s Award Agreement, with respect to a Participant&#8217;s Termination of Employment or Termination of Consultancy, the following: (a) in the case where there is no employment agreement, consulting
        agreement, change in control agreement or similar agreement in effect between the Company or an Affiliate and the Participant at the time of the grant of the Award (or where there is such an agreement but it does not define &#8220;cause&#8221; (or words of
        like import)), termination due to: (i) a Participant&#8217;s conviction of, or plea of guilty or nolo contendere to, a felony, or any other criminal act which impairs the Participant&#8217;s ability to perform his or her duties; (ii) perpetration by a
        Participant of an illegal act, dishonesty, or fraud; (iii) a Participant&#8217;s insubordination, or refusal to perform his or her duties or responsibilities for any reason other than (to the <strike>extent</strike><u>extend</u> due to) illness,
        unlawful instructions or incapacity; (iv) continuing willful and deliberate failure by the Participant to perform the Participant&#8217;s duties in any material respect, provided that the Participant is given notice and an opportunity to effectuate a
        cure as determined by the Committee; or (v) a Participant&#8217;s willful misconduct with regard to the Company that could have a material adverse effect on the Company; or (b) in the case where there is an employment agreement, consulting agreement,
        change in control agreement or similar agreement in effect between the Company or an Affiliate and the Participant at the time of the grant of the Award that defines &#8220;cause&#8221; (or words of like import), &#8220;cause&#8221; as defined under such agreement;
        provided, however, that with regard to any agreement under which the definition of &#8220;cause&#8221; only applies on occurrence of a change in control, such definition of &#8220;cause&#8221; shall not apply until a change in control actually takes place and then only
        with regard to a termination thereafter.&#160; With respect to a Participant&#8217;s Termination of Directorship, &#8220;cause&#8221; means an act or failure to act that constitutes cause for removal of a director under applicable Israeli law.</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">ii</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;">2.8 </font></strike><u>2.9</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Change in Control</u></font>&#8221;
        has the meaning set forth in Section 7.2.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;">2.9 </font></strike><u>2.10</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Change in Control Price</u></font>&#8221;
        has the meaning set forth in Section 7.1.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;">2.10 </font></strike><u>2.11</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Code</u></font>&#8221;
        means the United States Internal Revenue Code of 1986, as amended.&#160; Any reference to any section of the Code shall also be a reference to any successor provision and any Treasury Regulation promulgated thereunder.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;">2.11 </font></strike><u>2.12</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Committee</u></font>&#8221;
        means a committee or subcommittee of the Board appointed from time to time by the Board, provided that the composition of the Committee shall at all times be in compliance with any mandatory requirements of the applicable law. Subject to the
        aforesaid, such committee or subcommittee shall consist of two or more non-employee directors, each of whom is intended to be, (i) to the extent required by Rule 16b-3 promulgated under Section 16(b) of the Exchange Act, a &#8220;non-employee director&#8221;
        as defined in Rule 16b-3; (ii) to the extent required by Section 162(m) of the Code, an &#8220;outside director&#8221; as defined in Section 162(m) of the Code; and (iii) an &#8220;independent director&#8221; as defined under applicable stock exchange rules.&#160; To the
        extent that no Committee exists that has the authority to administer this Plan, the functions of the Committee shall be exercised by the Board.&#160; If for any reason the appointed Committee does not meet the requirements of Rule 16b-3 or Section
        162(m) of the Code or any other regulation set by the applicable law, such noncompliance shall not affect the validity of Awards, grants, interpretations or other actions of the Committee.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;">2.12 </font></strike><u>2.13</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Company</u></font>&#8221;
        means TAT Technologies Ltd., an Israeli corporation, and its successors by operation of law.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;">2.13 </font></strike><u>2.14</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Companies
            Law</u></font>&#8221;<font style="font-weight: bold;">&#160;</font>means the Israel Companies Law, 5799-1999 and the regulations promulgated thereunder, all as amended from time to time.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;">2.14 </font></strike><u>2.15</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Consultant</u></font>&#8221;
        means any natural person who provides bona fide consulting or advisory services to the Company or its Affiliates pursuant to a written agreement, which are not in connection with the offer and sale of securities in a capital-raising transaction,
        and do not, directly or indirectly, promote or maintain a market for the Company&#8217;s or its Affiliates&#8217; securities.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;">2.15 </font></font></strike><u>2.16</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Detrimental Activity</u></font>&#8221; means: (a) the disclosure to anyone outside the Company or its Affiliates, or the use in any manner other than in the furtherance of the Company&#8217;s or its Affiliate&#8217;s business, without
        written authorization from the Chief Executive Officer of the Company, of any confidential information or proprietary information, relating to the business of the Company or its Affiliates that is acquired by a Participant prior to the
        Participant&#8217;s Termination; (b) any activity while employed or performing services that results, or if known could result, in the Participant&#8217;s Termination that is classified by the Company as a termination for Cause; (c) the Participant&#8217;s
        Disparagement, or inducement of others to do so, of the Company or its Affiliates or their past and present officers, directors, employees or products; or (d) breach of any agreement between the Participant and the Company or an Affiliate
        (including, without limitation, any employment agreement or noncompetition or nonsolicitation agreement).&#160; If it is determined by a court of competent jurisdiction that any provision in this Plan in respect of Detrimental Activities is excessive in
        duration or scope or otherwise is unenforceable, then such provision may be modified or supplemented by the court to render it enforceable to the maximum extent permitted by law.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">iii</font></div>
        <div class="BRPFPageBreak" style="page-break-after: always;">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;">2.16 </font></font></strike><u>2.17</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Disability</u></font>&#8221; means: (i) the inability of a Grantee to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in
        death or which has lasted or can be expected to last for a continuous period of not less than (a) 12 months with respect to <strike> all</strike><u>Incentive</u> Stock Options<strike> (other than with respect to Non-Qualified Stock Options)</strike>
        and (b) 3 months with respect to Non-Qualified Stock Options, as determined by a medical doctor satisfactory to the Committee; or, if applicable, (ii) a permanent and total disability as defined in Section 22(e)(3) of the Code.&#160; A Disability shall
        only be deemed to occur at the time of the determination by the Committee of the Disability.&#160; Notwithstanding the foregoing, for Awards that are subject to Section 409A of the Code, Disability shall mean that a Participant is disabled under Section
        409A(a)(2)(C)(i) of the Code.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;">2.17 </font></font></strike><u>2.18</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Disparagement</u></font>&#8221; means making comments or statements to the press, the Company&#8217;s or its Affiliates&#8217; employees, consultants or any individual or entity with whom the Company or its Affiliates has a business
        relationship which could reasonably be expected to adversely affect in any manner: (a) the conduct of the business of the Company or its Affiliates (including, without limitation, any products or business plans or prospects); or (b) the business
        reputation of the Company or its Affiliates, or any of their products, or their past or present officers, directors or employees</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;">2.18 </font></font></strike><u>2.19</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Disqualifying Disposition</u></font>&#8221; has the meaning set forth for such term in Section 6.3&#160;&#160; (m) .</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;">2.19 </font></font></strike><u>2.20</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Eligible Employee</u></font>&#8221; means any person, including an officer or director, who (i) is in the employ of the Company or any Affiliate. The Company shall determine in good faith and in the exercise of its
        discretion whether an individual has become or has ceased to be an Employee and the effective date of such individual&#8217;s employment or termination of employment, as the case may be. For purposes of an individual&#8217;s rights, if any, hereunder as of the
        time of the Company&#8217;s determination, all such determinations by the Company shall be final, binding and conclusive, notwithstanding that the Company or any court of law or governmental agency subsequently makes a contrary determination. The payment
        of a director&#8217;s fee by the Company or an Affiliate shall not be sufficient to constitute &#8220;employment&#8221; by the Company; (ii) is included in the term &#8220;employee&#8221; under rule 701 of the Securities Act of 1933 and for the purposes of Section 422 of the
        Code, and (iii) when related to the award of 102 Stock Options, is included in the term &#8220;employee&#8221; as such term is defined in Section 102 of the Ordinance, including an Office Holder (as such term is defined in the Companies&#160; Law) of the Company or
        any Subsidiary, except for such persons that are deemed to be a &#8220;Controlling&#160; Shareholder&#8221; under&#160; Section&#160; 32(9) of the Ordinance.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;">2.20 </font></font></strike><u>2.21</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Exchange Act</u></font>&#8221; means the Securities Exchange Act of 1934, as amended.&#160; Any references to any section of the Exchange Act shall also be a reference to any successor provision.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.21 </font></font></font></strike><u>2.22</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Exercise Period</u></font>&#8221; shall mean the period, commencing on the date of grant of an Award, during which an Award shall be exercisable, subject to any vesting provisions thereof and the termination provisions
        hereof.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.22 </font></font></font></strike><u>2.23</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Exercise Price</u></font>&#8221; shall mean the exercise price for each Share covered by an Award, which shall (notwithstanding Section 4.2(b)) not be lower than the nominal value of the Share at the time of exercise.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.23 </font></font></font></strike><u>2.24</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Fair Market Value</u></font>&#8221; means, unless otherwise required by any applicable provision of the Code (or any regulations issued thereunder) or the Ordinance, as may be applicable, as of any date and except as
        provided below, the closing price reported for the Ordinary Shares on the applicable date: (a) as reported on the principal national securities exchange in the United States on which it is then traded; or (b) if not traded on any such national
        securities exchange, as quoted on an automated quotation system sponsored by the Financial Industry Regulatory Authority (or such other source the Committee deems reliable) or if the Ordinary Shares shall not have been reported or quoted on such
        date, on the first day prior thereto on which the Ordinary Shares were reported or quoted.&#160; If the Ordinary Shares are not traded, listed or otherwise reported or quoted, then Fair Market Value means the fair market value of the Ordinary Shares as
        determined by the Committee in good faith in whatever manner it considers appropriate taking into account the requirements of Section 422 of the Code or Section 409A of the Code, as applicable as of the date of grant ,provided that, (i) for Awards
        that are ISOs, the Board shall make such determination in accordance with Section 422 of the Code and all applicable U.S. Tax Regulations and other applicable guidance promulgated pursuant thereto; (ii) for Awards that are not ISOs, the value that
        is determined by the Board as of the day of determination to be the Fair Market Value pursuant to applicable U.S. Tax Regulations and other applicable guidance promulgated pursuant to Section 409A of the Code. For purposes of the grant of any
        Award, the applicable date shall be the trading day immediately prior to the date on which the Award is granted.&#160; For purposes of the exercise of any Award, the applicable date shall be the date a notice of exercise is received by the Committee or,
        if not a day on which the applicable market is open, the next day that it is open.</div>
      <div style="line-height: 1.25">&#160;</div>
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        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">iv</font></div>
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      </div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.24 </font></font></font></strike><u>2.25</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Family Member</u></font>&#8221; means &#8220;family member&#8221; as defined in Section A.1.(5) of the general instructions of Form S-8, as may be amended from time to time, or by the Ordinance and/or the Companies Law, all as may be
        applicable.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.25 </font></font></font></strike><u>2.26</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Incentive Stock Option</u></font>&#8221; or &#8220;<font style="font-weight: bold;"><u>ISO</u></font>&#8221; means any Stock Option awarded to an Eligible Employee of the Company, its Subsidiaries and its Parent (if any) under this
        Plan intended to be and designated as an &#8220;Incentive Stock Option&#8221; within the meaning of Section 422 of the Code.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.26 </font></font></font></strike><u>2.27</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>ITA</u></font>&#8221; means the Israel Tax Authority.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.27 </font></font></font></strike><u>2.28</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Non-Employee Director</u></font>&#8221; means a director of the Company who is not an employee of the Company or an Affiliate.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.28 </font></font></font></strike><u>2.29</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Non-Qualified Stock Option</u></font>&#8221; or &#8220;<font style="font-weight: bold;"><u>NQSO</u></font>&#8221; means any Stock Option awarded under this Plan that is not an Incentive Stock Option.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.29 </font></font></font></strike><u>2.30</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Ordinance</u></font>&#8221; means the Israel Income Tax Ordinance (New Version) 1961, and the regulations promulgated thereunder, all as amended from time to time.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.30 </font></font></font></strike><u>2.31</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Ordinary Shares</u></font>&#8221;<font style="font-weight: bold;">&#160;</font>or<font style="font-weight: bold;">&#160;</font>&#8220;<font style="font-weight: bold;"><u>Shares</u></font>&#8221; means the Ordinary Shares, <u>no </u>par value
        <strike>NIS 0.90 per share, of the Company </strike>(or any other value, as amended).</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.31
                  </font></font></font></font></strike><u>2.32</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Parent</u></font>&#8221; means any parent corporation of the Company within the meaning of Section 424(e) of the Code, or by the
        Ordinance and/or the Companies Law, all as may be applicable.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.32
                  </font></font></font></font></strike><u>2.33</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Participant</u></font>&#8221; means an Eligible Employee, Non-Employee Director or Consultant to whom an Award has been granted
        pursuant to this Plan.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.33
                  </font></font></font></font></strike><u>2.34</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Person</u></font>&#8221; means any individual, corporation, partnership, limited liability company, firm, joint venture,
        association, joint-stock company, trust, incorporated organization, governmental or regulatory or other entity.</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">v</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.34
                  </font></font></font></font></strike><u>2.35</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Plan</u></font>&#8221; means this TAT Technologies Ltd 2012 Stock Option Plan, as amended from time to time.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.35
                  </font></font></font></font></strike><u>2.36</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Retirement</u></font>&#8221;&#160; means a voluntary Termination of Employment or Termination of Consultancy at or after age 65 or
        such earlier date after age 50 as may be approved by the Committee, in its sole discretion, with respect to such Participant at the time of grant, or thereafter provided that the exercise of such discretion does not make the applicable Award
        subject to Section 409A of the Code, except that Retirement shall not include any involuntary Termination of Employment or Termination of Consultancy by the Company or an Affiliate for any reason with or without Cause.&#160; With respect to a
        Participant&#8217;s Termination of Directorship, Retirement means the failure to stand for reelection or the failure to be reelected on or after a Participant has attained age 65 or, with the consent of the Board, provided that the exercise of such
        discretion does not make the applicable Award subject to Section 409A of the Code, before age 65 but after age 50.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.36
                  </font></font></font></font></strike><u>2.37</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Rules</u></font>&#8221; has the meaning set forth for such term in Section 1.2(a).&#160; &#160; &#8220;<font style="font-weight: bold;"><u>Rule
            16b-3</u></font>&#8221; means Rule 16b&#8209;3 under Section 16(b) of the Exchange Act as then in effect or any successor provision.&#8220;<font style="font-weight: bold;"><u>Securities Act</u></font>&#8221; means the Securities Act of 1933, as amended and all rules
        and regulations promulgated thereunder.&#160; Any reference to any section of the Securities Act shall also be a reference to any successor provision.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.37 </font></font></font></font></strike><u>2.38</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Section 102</u></font>&#8221; means section 102 of the Ordinance.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.38
                  </font></font></font></font></strike><u>2.39</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Section 162(m) of the Code</u></font>&#8221;&#160; means the exception for performance-based compensation under Section 162(m) of the
        Code and any applicable Treasury regulations thereunder.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.39
                  </font></font></font></font></strike><u>2.40</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Section 409A of the Code</u></font>&#8221;<font style="font-weight: bold;">&#160;</font>means the nonqualified deferred compensation
        rules under Section 409A of the Code and any applicable Treasury regulations thereunder.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.40 </font></font></font></font></font></strike><u>2.41</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Stock Option</u></font>&#8221; or &#8220;<font style="font-weight: bold;"><u>Option</u></font>&#8221;
        means any option to purchase Ordinary Shares granted to Eligible Employees, Non-Employee Directors or Consultants pursuant to Article VI.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.41 </font></font></font></font></font></strike><u>2.42</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Subsidiary</u></font>&#8221; means any subsidiary corporation of the Company which
        now exists or is hereafter organized or acquired by the Company within the meaning of Section 424(f) of the Code, or by the Ordinance and/or the Companies Law, all as may be applicable.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.42 </font></font></font></font></font></strike><u>2.43</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Ten Percent Stockholder</u></font>&#8221; means a Participant owning, at the time the
        Option is granted to the Participant, more than 10% of the total combined voting power of all classes of stock of the Company, its Subsidiaries or its Parent within the meaning of Section 422(b)(6) of the Code.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><strike>2.43 </strike></font></font></font></font></font><u>2.44</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Termination</u></font>&#8221; means a Termination of Consultancy, Termination
        of Directorship or Termination of Employment, as applicable.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.44 </font></font></font></font></font></strike><u>2.45</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Termination of Consultancy</u></font>&#8221; means: (a) that the Consultant is no
        longer acting as a consultant to the Company or an Affiliate; or (b) when an entity which is retaining a Participant as a Consultant ceases to be an Affiliate unless the Participant otherwise is, or thereupon becomes, a Consultant to the Company or
        another Affiliate at the time the entity ceases to be an Affiliate.&#160; In the event that a Consultant becomes an Eligible Employee or a Non&#8209;Employee Director upon the termination of his or her consultancy, unless otherwise determined by the
        Committee, in its sole discretion, no Termination of Consultancy shall be deemed to occur until such time as such Consultant is no longer a Consultant, an Eligible Employee or a Non&#8209;Employee Director.&#160; Notwithstanding the foregoing, the Committee
        may, in its sole discretion, otherwise define Termination of Consultancy in the Award agreement or, if no rights of a Participant are reduced, may otherwise define Termination of Consultancy thereafter.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">vi</font></div>
        <div class="BRPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.45 </font></font></font></font></font></strike><u>2.46</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Termination of Directorship</u></font>&#8221; means that the Non&#8209;Employee Director
        has ceased to be a director of the Company; except that if a Non&#8209;Employee Director becomes an Eligible Employee or a Consultant upon the termination of his or her directorship, his or her ceasing to be a director of the Company shall not be treated
        as a Termination of Directorship unless and until the Participant has a Termination of Employment or Termination of Consultancy, as the case may be.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.46 </font></font></font></font></font></strike><u>2.47</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Termination of Employment</u></font>&#8221; means: (a)&#160;a termination of employment
        (for reasons other than a personal leave of absence granted by the Company) of a Participant from the Company and its Affiliates; or (b)&#160;when an entity which is employing a Participant ceases to be an Affiliate, unless the Participant otherwise is,
        or thereupon becomes, employed by the Company or another Affiliate at the time the entity ceases to be an Affiliate.&#160; In the event that an Eligible Employee becomes a Consultant or a Non&#8209;Employee Director upon the termination of his or her
        employment, unless otherwise determined by the Committee, in its sole discretion, no Termination of Employment shall be deemed to occur until such time as such Eligible Employee is no longer an Eligible Employee, a Consultant or a Non&#8209;Employee
        Director. Notwithstanding the foregoing, the Committee may, in its sole discretion, otherwise define Termination of Employment in the Award agreement or, if no rights of a Participant are reduced, may otherwise define Termination of Employment
        thereafter.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.47 </font></font></font></font></font></strike><u>2.48</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Transfer</u></font>&#8221; means: (a) when used as a noun, any direct or indirect
        transfer, sale, assignment, pledge, hypothecation, encumbrance or other disposition (including the issuance of equity in a Person), whether for value or no value and whether voluntary or involuntary (including by operation of law), and (b) when
        used as a verb, to directly or indirectly transfer, sell, assign, pledge, encumber, charge, hypothecate or otherwise dispose of (including the issuance of equity in a Person) whether for value or for no value and whether voluntarily or
        involuntarily (including by operation of law). &#8220;Transferred&#8221; and &#8220;Transferable&#8221; shall have a correlative meaning.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><strike><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;"><font style="font-weight: bold;">2.48 </font></font></font></font></font></strike><u>2.49</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#8220;<font style="font-weight: bold;"><u>Trustee</u></font>&#8221; shall mean the trustee appointed by the Committee or the
        Board, as the case may be, to hold the respective Options and/or Shares (and, in relation with 102 Stock Options, approved by ITA), if so appointed.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25;"><a name="ARTICLEIII"><!--Anchor--></a><font style="font-weight: bold;">ARTICLE III</font><br>
        <br>
        ADMINISTRATION</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">3.1</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>The Committee</u></font>.<font style="font-weight: bold;">&#160; </font>This Plan shall be
        administered and interpreted by the Committee. In the event that the Board does not create a committee to administer the Plan, the Plan shall be administered by the Board in its entirety. In the event that an action necessary for the administration
        of the Plan is required under law to be taken by the Board, then such action shall be so taken by the Board. In any such event, all references herein to the Committee shall be construed as references to the Board.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">3.2</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Grants of Awards</u></font>.&#160; The Committee shall have full authority to grant Awards,
        pursuant to the terms of this Plan, to Eligible Employees, Consultants and Non-Employee Directors.&#160; In particular, the Committee shall have the authority:</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;to select the Eligible Employees, Consultants and Non-Employee Directors to whom Awards may from time to time be granted hereunder;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">vii</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;to determine whether and to what extent Awards, or any combination thereof, are to be granted hereunder to one or more Eligible Employees,
        Consultants or Non-Employee Directors;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;to determine the number of Ordinary Shares to be covered by each Award granted hereunder;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;to determine the terms and conditions, not inconsistent with the terms of this Plan, of any Award granted hereunder (including, but not limited
        to, the exercise price, any restriction or limitation, any vesting schedule or acceleration thereof, or any forfeiture restrictions or waiver thereof, regarding any Award and the Ordinary Shares relating thereto, based on such factors, if any, as
        the Committee shall determine, in its sole discretion);</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;to determine whether and under what circumstances <strike>a Stock Option</strike><u>an Award</u> may be settled in cash, and/or Ordinary Shares<u>;</u><strike>
          under Section&#160;6.4(d);</strike></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;to determine whether a Stock Option is an Incentive Stock Option or Non&#8209;Qualified Stock Option;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(g)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;to determine whether to require a Participant, as a condition of the granting of any Award, to not sell or otherwise dispose of shares acquired
        pursuant to the exercise of an Award for a period of time as determined by the Committee, in its sole discretion, following the date of the acquisition of such Award;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(h)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;to set the performance criteria with respect to any Award for which the grant, vesting or payment of such Award is conditioned upon the attainment
        of specified performance criteria and to certify the attainment of any such performance criteria; and</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;generally, to exercise such powers and to perform such acts as the Committee deems necessary or expedient to promote the best interests of the
        Company that are not in conflict with the provisions of this Plan.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">3.3</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Guidelines</u></font>.&#160; Subject to Article VIII hereof, the Committee shall, in its sole
        discretion, have the authority to adopt, alter and repeal such administrative rules, guidelines and practices governing this Plan and perform all acts, including the delegation of its responsibilities (to the extent permitted by applicable law and
        applicable stock exchange rules), as it shall, from time to time, deem advisable; to construe and interpret the terms and provisions of this Plan and any Award issued under this Plan (and any agreements relating thereto); and to otherwise supervise
        the administration of this Plan.&#160; The Committee may, in its sole discretion, correct any defect, supply any omission or reconcile any inconsistency in this Plan or in any agreement relating thereto in the manner and to the extent it shall deem
        necessary to effectuate the purpose and intent of this Plan; provided, that with regard to any provision of this Plan or any agreement relating thereto that is intended to comply with Section 162(m) of the Code or Section 102 of the Ordinance as
        may be applicable, any such action by the Committee shall be permitted only to the extent such action would be permitted under Section 162(m) of the Code or Section 102 of the Ordinance, as may be applicable.&#160; The Committee may, in its sole
        discretion, adopt special guidelines and provisions for persons who are residing in or employed in, or subject to, the taxes of, any domestic or foreign jurisdictions to comply with applicable tax and securities laws of such domestic or foreign
        jurisdictions.&#160; This Plan is intended to comply with the applicable requirements of Section 102 of the Ordinance and/or Rule 16b-3 and with respect to Awards intended to be &#8220;performance-based,&#8221; the applicable provisions of Section 162(m) of the
        Code and this Plan shall be limited, construed and interpreted in a manner so as to comply therewith.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">viii</font></div>
        <div class="BRPFPageBreak" style="page-break-after: always;">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">3.4</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Decisions Final</u></font>.&#160; Any decision, interpretation or other action made or taken
        in good faith by or at the direction of the Company, the Board or the Committee (or any of its members) arising out of or in connection with this Plan shall be within the absolute discretion of all and each of them, as the case may be, and shall be
        final, binding and conclusive on the Company and all employees and Participants and their respective heirs, executors, administrators, successors and assigns.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">3.5</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Procedures</u></font>.&#160; If the Committee is appointed, the Board shall designate one of
        the members of the Committee as chairman and the Committee shall hold meetings at such times and places as it shall deem advisable, including, without limitation, by telephone conference or by written consent to the extent permitted by the
        Companies Law or any other applicable law.&#160; A majority of the Committee members shall constitute a quorum.&#160; All determinations of the Committee shall be made by a majority of its members.&#160; Any decision or determination reduced to writing and signed
        by all the Committee members, shall be fully effective as if it had been made by a vote at a meeting duly called and held.&#160; The Committee shall keep minutes of its meetings and shall make such rules and regulations for the conduct of its business
        as it shall deem advisable.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">3.6</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Designation of Consultants/Liability</u></font>.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Committee may, in its sole discretion, designate employees of the Company and professional advisors to assist the Committee in the
        administration of this Plan.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Committee may, in its sole discretion, employ such legal counsel, consultants and agents as it may deem desirable for the administration of
        this Plan and may rely upon any opinion received from any such counsel or consultant and any computation received from any such consultant or agent.&#160; Expenses incurred by the Committee or the Board in the engagement of any such counsel, consultant
        or agent shall be paid by the Company.&#160; The Committee, its members and any person designated pursuant to subsection (a) above shall not be liable for any action or determination made in good faith with respect to this Plan.&#160; To the maximum extent
        permitted by applicable law, no officer of the Company or member or former member of the Committee or of the Board shall be liable for any action or determination made in good faith with respect to this Plan or any Award granted under it.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">3.7</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Indemnification</u></font>.&#160; To the maximum extent permitted by applicable law and the
        Articles of Association of the Company and to the extent not covered by insurance directly insuring such person, each officer or employee of the Company or any Affiliate and member or former member of the Committee or the Board shall be indemnified
        and held harmless by the Company against any cost or expense (including reasonable fees of counsel reasonably acceptable to the Committee) or liability (including any sum paid in settlement of a claim with the approval of the Committee), and
        advanced amounts necessary to pay the foregoing at the earliest time and to the fullest extent permitted, arising out of any act or omission to act in connection with the administration of this Plan, except to the extent arising out of such
        officer&#8217;s, employee&#8217;s, member&#8217;s or former member&#8217;s fraud.&#160; Such indemnification shall be in addition to any rights of indemnification the officers, employees, directors or members or former officers, employees, directors or members may have under
        applicable law, under the Articles of Association of the Company or any Affiliate.&#160; Notwithstanding anything else herein, this indemnification will not apply to the actions or determinations made by an individual with regard to Awards granted to
        him or her under this Plan.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">ix</font></div>
        <div class="BRPFPageBreak" style="page-break-after: always;">
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      </div>
      <div style="text-align: center; line-height: 1.25;"><a name="ARTICLEIV"><!--Anchor--></a><font style="font-weight: bold;">ARTICLE IV</font><br>
        <br>
        SHARE LIMITATION</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">4.1</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Shares</u></font></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The initial aggregate number of Ordinary Shares with respect to which Awards may be granted under this Plan shall not exceed 980,000 shares
        (subject to any increase or decrease pursuant to Section 4.2), which may be either authorized and unissued Ordinary Shares or Ordinary Shares held in or acquired for the treasury of the Company, or both. If any <strike>Stock Option</strike><u>Award</u>
        granted under this Plan expires, terminates or is canceled for any reason without having been exercised in full, the number of Ordinary Shares underlying any such unexercised and expired or terminated Award shall again be available for the purpose
        of Awards under this Plan.&#160; The number of Ordinary Shares available for the purpose of Awards under this Plan shall be reduced by (i) the total number of Awards exercised, regardless of whether any of the Ordinary Shares underlying such Awards are
        not actually issued to the Participant as the result of a net settlement, and (ii)&#160;any Ordinary Shares used to pay any exercise price or tax withholding obligation with respect to any Award.&#160; In addition, the Company may not use the cash proceeds
        it receives from Stock Option exercises to repurchase Ordinary Shares on the open market for reuse under this Plan.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">4.2</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Changes</u></font>.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The existence of this Plan and the Awards granted hereunder shall not affect in any way the right or power of the Board or the stockholders of the
        Company to make or authorize (i) any adjustment, recapitalization, reorganization or other change in the Company&#8217;s capital structure or its business, (ii) any merger or consolidation of the Company or any Affiliate, (iii) any issuance of bonds,
        debentures, preferred or prior preference stock ahead of or affecting the Ordinary Shares, (iv) the dissolution or liquidation of the Company or any Affiliate, (v) any sale or transfer of all or part of the assets or business of the Company or any
        Affiliate or (vi) any other corporate act or proceeding.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Subject to the provisions of Section 4.2(g), in the event of any such change in the capital structure or business of the Company by reason of any
        stock split, reverse stock split, stock dividend, combination or reclassification of shares, recapitalization, merger, consolidation, spin&#8209;off, reorganization, partial or complete liquidation, issuance of rights or warrants to purchase any Ordinary
        Shares or securities convertible into Ordinary Shares, any sale or transfer of all or part of the Company&#8217;s assets or business, or any other corporate transaction or event having an effect similar to any of the foregoing and effected without
        receipt of consideration by the Company, then the Committee shall, subject to applicable law and stock exchange regulations, make such adjustments consistent with such change in such manner as the Committee deems equitable to prevent substantial
        dilution or enlargement of the rights granted to, or available for, Participants under this Plan, to the aggregate number and kind of shares that thereafter may be issued under this Plan, and the number and kind of shares or other property
        (including cash) to be issued upon exercise of an outstanding Award and the purchase price thereof and the numerical Share limits in Section 4.1 of the Plan. Any such adjustment determined by the Committee shall be final, binding and conclusive on
        the Company and all Participants and employees and their respective heirs, executors, administrators, successors and assigns.&#160; Except as provided in this Section 4.2 or in the applicable Award Agreement, a Participant shall have no rights by reason
        of any issuance by the Company of any class or securities convertible into stock of any class, any subdivision or consolidation of shares of stock of any class, the payment of any stock dividend, any other increase or decrease in the number of
        shares of stock of any class, any sale or transfer of all or part of the Company&#8217;s assets or business or any other change affecting the Company&#8217;s capital structure or business.</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">x</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Fractional Ordinary Shares resulting from any adjustment in Awards pursuant to Section 4.2(a) or (b) shall be aggregated until, and eliminated at,
        the time of exercise by rounding-down for fractions less than one-half and rounding-up for fractions equal to or greater than one-half, unless and to the extent another rounding method is required by applicable law or stock exchange regulations.&#160;
        No cash settlements shall be made with respect to fractional shares eliminated by rounding.&#160; Notice of any adjustment shall be given by the Committee to each Participant whose Award has been adjusted and such adjustment (whether or not such notice
        is given) shall be effective and binding for all purposes of this Plan.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Should the Company declare a cash dividend to its shareholders, and the distribution date of such dividend will precede the exercise date of an
        Option, including for the avoidance of doubt, Options that have yet to become vested and Options which have been granted prior to the adoption of the amendment to this Plan<strike> dated August 30, 2018</strike>, unless the Committee otherwise
        determines, subject to applicable law and stock exchange regulations, the Exercise Price shall be reduced in the amount equal to the cash dividend per Share <strike>(subject to stock splits, reverse stock split, distribution of bonus shares or any
          similar event) </strike>distributed by the Company.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;To the extent required by applicable stock exchange regulations, no Award shall be exercised on the record date, or the ex-date if earlier in time
        to such record date, of stock dividend, other distribution of dividends, rights offering, stock split, reverse stock split or reduction of authorized share capital.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;In the event of issuance of rights made by the Company to the shareholders during the existence of the right to exercise the Award, the number of
        shares resulting from exercising the Award shall be adjusted to the beneficial component of the rights, as expressed in the ratio between the Stock Market closing exchange rate on the last trading day before the "X day" and, the base rate of the "X
        rights.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(g)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;In the event of an Acquisition Event, the Committee may, in its sole discretion, terminate all outstanding and unexercised Awards effective as of
        the date of the Acquisition Event, by delivering notice of termination to each Participant at least 20 days prior to the date of consummation of the Acquisition Event, in which case during the period from the date on which such notice of
        termination is delivered to the consummation of the Acquisition Event, each such Participant shall have the right to exercise in full all of his or her Awards that are then outstanding (subject to any limitations on exercisability otherwise
        contained in the Award <strike>agreements</strike><u>Agreements</u>), but any such exercise shall be contingent on the occurrence of the Acquisition Event, and, provided that, if the Acquisition Event does not take place within a specified period
        after giving such notice for any reason whatsoever, the notice and exercise pursuant thereto shall be null and void.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">If an Acquisition Event occurs but the Committee does not terminate the outstanding Awards pursuant to this Section 4.2(g), then the provisions of Section
        4.2(b) and Article VII shall apply.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; margin-left: 36pt; line-height: 1.25;">(h)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Notwithstanding the foregoing, Sections 4.2(d) and 4.2(f) shall not apply to any grants of ISOs to Optionees under the Plan.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; margin-left: 72pt; line-height: 1.25;"> </div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">4.3</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Minimum Purchase Price</u></font>.&#160; Notwithstanding any provision of this Plan to the
        contrary, if authorized but previously unissued Ordinary Shares are issued under this Plan, such shares shall not be issued for a consideration that is less than as permitted under applicable law.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">xi</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: center; line-height: 1.25;"><a name="ARTICLEV"><!--Anchor--></a><font style="font-weight: bold;">ARTICLE V</font><br>
        <br>
        ELIGIBILITY</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">5.1</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>General Eligibility</u></font>. All Eligible Employees, prospective employees and
        Consultants of the Company and its Affiliates, and Non-Employee Directors of the Company, are eligible to be granted Awards.&#160; Eligibility for the grant of Awards and actual participation in this Plan shall be determined by the Committee in its sole
        discretion.&#160; Notwithstanding anything herein to the contrary, no Award under which a Participant may receive Ordinary Shares may be granted under this Plan to an Eligible Employee, Consultant or Non-Employee Director of any Affiliate if such
        Ordinary Shares do not constitute &#8220;service recipient stock&#8221; for purposes of Section 409A of the Code, when applicable, with respect to such Eligible Employee, Consultant or Non-Employee Director.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">5.2</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>102 </u><u><strike>Stock Options</strike>Awards</u></font>. Subject to
        Applicable Law, 102 <u>Awards</u><strike>Stock Options</strike> may not be granted to &#8220;controlling shareholders&#8221; as defined under the Ordinance and may only be granted to Employees, including Office Holders (as such term is defined in the
        Companies Law), of the Company or any Affiliate thereof, who are Israeli residents for tax purposes (&#8220;<font style="font-weight: bold;"><u>Eligible 102 Participants</u></font>&#8221;). 102 <u>Awards </u><strike>Stock Options </strike>may either be
        grants to a Trustee or grants under Section 102 without a trustee. Unless otherwise permitted by the Ordinance and the Rules, no 102 <u>Awards</u><strike>Stock Options</strike> to a Trustee may be granted until the expiration of thirty (30) days
        after the requisite filings under the Ordinance and the Rules have been appropriately made with the ITA.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">5.3</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Incentive Stock Options</u></font>.&#160; Notwithstanding anything herein to the contrary, and
        subject to the provisions of Section 5.1 above, only Eligible Employees of the Company, its Subsidiaries and its Parent (if any) are eligible to be granted Incentive Stock Options under this Plan.&#160; Eligibility for the grant of an Incentive Stock
        Option and actual participation in this Plan shall be determined by the Committee in its sole discretion.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">5.4</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>General Requirement</u></font>.&#160; The vesting and exercise of Awards granted to a
        prospective employee or consultant are conditioned upon such individual actually becoming an Eligible Employee or Consultant.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25;"><a name="ARTICLEVI"><!--Anchor--></a><font style="font-weight: bold;">ARTICLE VI</font><br>
        <br>
        <u>AWARDS</u><strike>STOCK OPTIONS</strike>;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">6.1</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Options</u></font>.&#160; Each Stock Option granted under this Plan shall be of one of three types: (a)&#160;an
        Incentive Stock Option (b) a 102 Stock Option or (b)&#160;a Non-Qualified Stock Option.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">xii</font></div>
        <div class="BRPFPageBreak" style="page-break-after: always;">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">6.2</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Grants</u></font>.&#160; The Committee shall, in its sole discretion, have the authority to
        grant to any Eligible Employee (subject to Sections 5.2, 5.3 above and Section 6.3 below) Incentive Stock Options, 102 Stock Options and/or Non-Qualified Stock Options, according to the applying tax regime and the provisions of this Plan. The
        Committee shall, in its sole discretion, have the authority to grant Non-Qualified Stock Options to any Eligible Employee, Consultant or Non-Employee Director. To the extent that any Stock Option does not qualify as an Incentive Stock Option
        (whether because of its provisions or the time or manner of its exercise or otherwise), such Stock Option or the portion thereof which does not qualify shall constitute a separate Non-Qualified Stock Option.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">6.3</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Terms of Options</u></font>.&#160; Options granted under this Plan shall be evidenced by an
        Award Agreement between the Company and the Participant which Award Agreement shall be in such form and contain such additional terms and conditions, not inconsistent with the terms of this Plan, as the Committee, in its sole discretion, shall deem
        desirable from time to time. The Award Agreement shall contain the following information:</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Number of Shares</u>. Each Award Agreement shall state the number of Shares covered by the Option.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Type of Option</u>. Each Award Agreement shall specifically state the type of Option granted thereunder and whether it constitutes an Incentive
        Stock Option, Non-Qualified Stock Option, 102 Stock Option and the relevant track, or otherwise.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Exercise Price</u>. Each Award Agreement shall state the Exercise Price, which, in the case of an Incentive Stock Option, shall not be less
        than one hundred percent (100%) of the Fair Market Value of the Shares covered by the Option on the date of grant or such other amount as may be required pursuant to the Code. In the case of any other Option, the per share Exercise Price shall be
        equal to the amount determined by the Committee. In the case of an Incentive Stock Option granted to any Ten-Percent Shareholder, the Exercise Price shall be no less than 110% of the Fair Market Value of the Shares covered by the Option on the date
        of grant. In no event shall the Exercise Price of an Option be less than the par value of the shares for which such Option is exercisable. Subject to Article III and to the foregoing, the Committee may reduce the Exercise Price of any outstanding
        Option. The Exercise Price shall also be subject to adjustment as provided in Article VII hereof.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Exercise Period</u>.&#160; Each Option Agreement shall state the Exercise Period, as fixed by the Committee, subject to the vesting provisions set
        by the Committee as mentioned below, the early termination provisions set forth in Sub-Sections (h) through (k) hereof and provided that no Stock Option shall be exercisable more than (a) five years after the date the Stock Option is granted, in
        case of Incentive Stock Options granted to Ten-Percent Shareholders; and (b) <strike>six (6</strike><u>seven (7</u>) years after the date the Option is granted, in any other case. At the expiration of the Exercise Period, all unexercised Options
        shall become null and void.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Exercisability and Vesting Terms</u>.&#160; Stock Options shall be exercisable at such time or times and subject to such terms and conditions as
        shall be determined by the Committee at grant and each Option Agreement shall provide the vesting schedule for the Stock Options as determined by the Committee.&#160; If the Committee provides, in its discretion, that any Stock Option is exercisable
        subject to certain limitations and/or vesting schedule (including, without limitation, that such Stock Option is exercisable only in installments and/or within certain time periods and/or subject to performance goals and/or measurements,), the
        Committee may waive such limitations on the exercisability at any time at or after grant in whole or in part (including, without limitation, waiver of the installment exercise provisions or acceleration of the time at which such Stock Option may be
        exercised), based on such factors, if any, as the Committee shall determine, in its sole discretion and the provisions with respect to any Stock Option need not be the same as the provisions with respect to any other Stock Option. Unless otherwise
        determined by the Committee at grant, the Stock Option agreement shall provide that (i) in the event the Participant engages in Detrimental Activity prior to any exercise of the Stock Option, all Stock Options held by the Participant shall
        thereupon terminate and expire, (ii) as a condition of the exercise of a Stock Option, the Participant shall be required to certify (or shall be deemed to have certified) at the time of exercise in a manner acceptable to the Company that the
        Participant is in compliance with the terms and conditions of this Plan and that the Participant has not engaged in, and does not intend to engage in, any Detrimental Activity, and (iii) in the event the Participant engages in Detrimental Activity
        during the one year period commencing on the later of the date the Stock Option is exercised or becomes vested, the Company shall be entitled to recover from the Participant at any time within one year after such exercise or vesting, and the
        Participant shall pay over to the Company, an amount equal to any gain realized as a result of the exercise (whether at the time of exercise or thereafter).</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">xiii</font></div>
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      </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Method of Exercise</u>.&#160; Subject to whatever installment exercise and waiting period provisions apply under subsection (e) above, to the extent
        vested, Stock Options may be exercised in whole or in part at any time during the Stock Option term, by giving written notice of exercise to the Company specifying the number of Ordinary Shares to be purchased.&#160; Such notice shall be in a form
        acceptable to the Company and shall be accompanied by payment in full of the Exercise Price as follows: (i) in cash or by check, bank draft or money order payable to the order of the Company; (ii) solely to the extent permitted by applicable law,
        if the Ordinary Shares are traded on a national securities exchange or quoted on a national quotation system sponsored by the Financial Industry Regulatory Authority, and the Committee authorizes, through a procedure whereby the Participant
        delivers irrevocable instructions to a broker reasonably acceptable to the Committee to deliver promptly to the Company an amount equal to the Exercise Price; or (iii) on such other terms and conditions as may be acceptable to the Committee
        (including, without limitation, the relinquishment of Stock Options or by payment in full or in part in the form of Ordinary Shares (for which the Participant has good title free and clear of any liens and encumbrances) based on the Fair Market
        Value of the Ordinary Shares on the payment date as determined by the Committee, in its sole discretion).&#160; No Ordinary Shares shall be issued until payment therefor, as provided herein, has been made or provided for.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(g)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Non-Transferability of Options</u>.&#160; No Stock Option shall be Transferable by the Participant other than by will or by the laws of descent and
        distribution, and all Stock Options shall be exercisable, during the Participant&#8217;s lifetime, only by the Participant.&#160; Notwithstanding the foregoing, the Committee may determine, in its sole discretion, at the time of grant or thereafter that a
        Non-Qualified Stock Option that is otherwise not Transferable pursuant to this Section is Transferable to a Family Member in whole or in part and in such circumstances, and under such conditions, as determined by the Committee, in its sole
        discretion.&#160; A Non-Qualified Stock Option that is Transferred to a Family Member pursuant to the preceding sentence (i) may not be subsequently Transferred otherwise than by will or by the laws of descent and distribution and (ii) remains subject
        to the terms of this Plan and the applicable Award agreement.&#160; Any Ordinary Shares acquired upon the exercise of a Non-Qualified Stock Option by a permissible transferee of a Non-Qualified Stock Option or a permissible transferee pursuant to a
        Transfer after the exercise of the Non-Qualified Stock Option shall be subject to the terms of this Plan and the applicable Award agreement.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(h)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Termination by Death, Disability or Retirement</u>.&#160; Unless otherwise determined by the Committee at grant and specifically stated in the
        Option Agreement, or if no rights of the Participant are reduced, thereafter, if Participant&#8217;s Termination is by reason of death, Disability or Retirement, all Stock Options that are held by such Participant (or, if relevant, by a Trustee under
        Section 102 of the Ordinance) that are vested and exercisable at the time of the Participant&#8217;s Termination may be exercised by the Participant (or, in the case of death, by the legal representative of the Participant&#8217;s estate) at any time within a
        period of one year from the date of such Termination, but in no event beyond the expiration of the Exercise Period of such Stock Options; provided, however, that in the case of Retirement, if the Participant dies within such Exercise Period, all
        unexercised Stock Options held by such Participant shall thereafter be exercisable, to the extent to which they were exercisable at the time of death, for a period of one year from the date of such death, but in no event beyond the expiration of
        the Exercise Period of such Stock Options.</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">xiv</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Involuntary </u><u>Termination Without Cause</u>.&#160; Unless otherwise determined by the Committee at grant and specifically stated in the Option
        Agreement, or if no rights of the Participant are reduced, thereafter, if a Participant&#8217;s Termination is by involuntary termination without Cause or Participant&#8217;s Termination is voluntary (other than a voluntary termination described in subsection
        (k)(y) below), all Stock Options that are held by such Participant (or, if relevant, by a Trustee under Section 102 of the Ordinance) that are vested and exercisable at the time of the Participant&#8217;s Termination may be exercised by the Participant
        at any time within a period of 90 days from the date of such Termination, but in no event beyond the expiration of the Exercise Period of such Stock Options.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(j)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Omitted</u>.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(k)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Termination for Cause</u>.&#160; Unless otherwise determined by the Committee at grant and specifically stated in the Option Agreement, or if no
        rights of the Participant are reduced, thereafter, if a Participant&#8217;s Termination (x) is for Cause or (y) is a voluntary Termination (as provided in sub&#8209;section (j) above) after the occurrence of an event that would be grounds for a Termination for
        Cause, all Stock Options, whether vested or not vested, that are held by such Participant (or, if relevant, by a Trustee under Section 102 of the Ordinance) shall thereupon terminate and expire as of the date of such Termination.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(l)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Unvested Stock Options</u>.&#160; Unless otherwise determined by the Committee at grant and specifically stated in the Award Agreement, or if no
        rights of the Participant are reduced, thereafter, Stock Options that are not vested as of the date of a Participant&#8217;s Termination for any reason shall terminate and expire as of the date of such Termination.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(m)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Incentive Stock Option Limitations</u>.&#160; To the extent that the aggregate Fair Market Value (determined as of the time of grant) of the
        Ordinary Shares with respect to which Incentive Stock Options are exercisable for the first time by an Eligible Employee during any calendar year under this Plan and/or any other stock option plan of the Company, any Subsidiary or any Parent
        exceeds $100,000, such Options shall be treated as Non&#8209;Qualified Stock Options. If the Code is amended to provide for a different limitation from that set forth in this Section, such different limitation shall be deemed incorporated herein
        effective as of the date and with respect to such Options as required or permitted by such amendment to the Code.&#160; If an Option is treated as an ISO in part and as a NQSO in part by reason of the limitation set forth in this Section, the
        Participant may designate which portion of such Option the Participant is exercising.&#160; In the absence of such designation, the Participant shall be deemed to have exercised the ISO portion of the Option first.&#160; Separate certificates representing
        each such portion may be issued upon the exercise of the Option. Should any provision of this Plan not be necessary in order for the Stock Options to qualify as Incentive Stock Options, or should any additional provisions be required, the Committee
        may, in its sole discretion, amend this Plan accordingly, without the necessity of obtaining the approval of the stockholders of the Company.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; margin-left: 36pt; line-height: 1.25;">The Committee, at the written request of any Participant, may in its discretion after verifying the implications of applicable tax law including the provisions of Section 409A of
        the Code and the regulations promulgated thereunder as now in effect or as hereafter amended, take such actions as may be necessary to convert such Participant&#8217;s ISOs (or any portions thereof) that have not been exercised on the date of conversion
        into NQSOs at any time prior to the expiration of such ISOs, regardless of whether the Participant is an Employee of the Company or a Parent or a Subsidiary at the time of such conversion. Such actions may include, but not be limited to, extending
        the exercise period. At the time of such conversion, the Committee (with the consent of the Participant) may impose such conditions on the exercise of the resulting NQSOs as the Committee in its discretion may determine, provided that such
        conditions shall not be inconsistent with the Plan. Nothing in the Plan shall be deemed to give any Participant the right to have such Participant&#8217;s ISOs converted into NQSOs, and no such conversion shall occur unless and until the Committee takes
        appropriate action. The Committee, with the consent of the Participant, may also terminate any portion of any ISO that has not been exercised at the time of such conversion.</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">xv</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; margin-left: 36pt; line-height: 1.25;">Each Employee who receives an Incentive Stock Option must agree to notify the Company in writing immediately after the Employee makes a Disqualifying Disposition of any Shares
        acquired upon the exercise of an Incentive Stock Option. A &#8220;<font style="font-weight: bold;"><u>Disqualifying Disposition</u></font>&#8221; is any disposition (including any sale) of such Shares before the later of&#160; (a) two (2) years after the date the
        Employee was granted the Incentive Stock Option, and (b) one (1) year after the date the Employee acquired Shares by exercising the Incentive Stock Option. If the Employee has died before such Share is sold, these holding period requirements do not
        apply and no Disqualifying Disposition can occur thereafter.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(n)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Form, Modification, Extension and Renewal of Stock Options</u>.&#160; Subject to the terms and conditions and within the limitations of this Plan,
        Stock Options shall be evidenced by such an Award Agreement, and the Committee may, in its sole discretion (i) subject to <u>Section 8.1(d)</u> and the applicable law, modify, extend or renew outstanding Stock Options granted under this Plan
        (provided that the rights of a Participant are not materially and adversely affected without his or her consent), and (ii) accept the surrender of outstanding Stock Options (up to the extent not theretofore exercised) and authorize the granting of
        new Stock Options in substitution therefor (to the extent not theretofore exercised); provided that, notwithstanding anything herein to the contrary, to the extent required by applicable law or stock exchange regulation, an outstanding Option may
        not be modified to reduce the exercise price thereof or to extend the Stock Option beyond its stated term nor may a new Option at a lower price be substituted for a surrendered Option (other than adjustments or substitutions in accordance with
        Section 4.2), unless such action is approved by the stockholders of the Company.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(o)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Other Terms and Conditions</u>.&#160; Stock Options may contain such other provisions, which shall not be inconsistent with any of the terms of this
        Plan, as the Committee shall, in its sole discretion, deem appropriate.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">6.4</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>102 </u><u>Awards<strike>Stock Options</strike>.</u></font></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Awards </u><strike>Stock Options </strike>granted pursuant to this Section 6.4 are intended to be granted under Section 102 of the Ordinance
        pursuant to either (i) Section 102(b)(2) thereof as capital gains track <strike>options </strike><u>awards </u>(&#8220;<font style="font-weight: bold;">102 Capital Gains Track <u>Awards</u><strike>Options</strike></font>&#8221;), or (ii) Section 102(b)(1)
        thereof as ordinary income track <u>awards </u><strike>options </strike>(&#8220;<font style="font-weight: bold;">102 Ordinary Income Track <u>Awards</u><strike>Options</strike></font>&#8221;; together with 102 Capital Gains Track <u>Awards</u><strike>Options</strike>,
        &#8220;<font style="font-weight: bold;">102 Trustee <u>Awards</u><strike>Options</strike></font>&#8221;). 102 Trustee <u>Awards</u><strike>Options</strike> shall be granted subject to the following special terms and conditions contained in this Section 6.4,
        the general terms and conditions specified in Section 6.3 hereof and other provisions of the Plan, except for any provisions of the Plan applying to Stock Options under different tax laws or regulations.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">xvi</font></div>
        <div class="BRPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company may grant only one type of 102 Trustee <u>Awards</u><strike>Option</strike> at any given time to all Participants who are to be
        granted 102 Trustee <u>Awards</u><strike>Options</strike> pursuant to this Plan, and shall file an election with the ITA regarding the type of 102 Trustee<u> Awards</u><strike> Option </strike>it elects to grant before the date of grant of any
        102 Trustee <u>Awards</u><strike>Options</strike> (the &#8220;<font style="font-weight: bold;">Election</font>&#8221;). Such Election shall also apply to any bonus shares received by any Participant as a result of holding the 102 Trustee <u>Awards</u><strike>Options</strike>.
        The Company may change the type of 102 Trustee <u>Awards</u><strike>Option</strike> that it elects to grant only after the passage of at least 12 months from the end of the year in which the first grant was made in accordance with the previous
        Election, or as otherwise provided by applicable law. Any Election shall not prevent the Company from granting <u>Awards</u><strike>Options</strike>, pursuant to Section 102(c) of the Ordinance without a Trustee (&#8220;<font style="font-weight: bold;">102

          Non-Trustee <u>Awards</u><strike>Options</strike></font>&#8221;).</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Each 102 Trustee <u>Award</u><strike>Option</strike> will be deemed granted on the date stated in a written notice to be provided by the Company,
        provided that on or before such date (i) the Company has provided such notice to the Trustee and (ii) the Participant has signed all documents required pursuant to applicable law and under the Plan.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Each 102 Trustee <u>Award</u><strike>Option</strike>, each Share issued pursuant to the exercise of any 102 Trustee <u>Award</u><strike>Option</strike>,
        and any rights granted thereunder, including, without limitation, bonus shares, shall be allotted and issued to and registered in the name of the Trustee and shall be held in trust for the benefit of the Participant for a period of not less than
        the requisite period prescribed by the Ordinance and the Rules or such longer period as set by the Committee (the &#8220;<font style="font-weight: bold;"><u>Required Holding Period</u></font>&#8221;). In the event that the requirements under Section 102 to
        qualify an <u>Award</u><strike>Stock Option </strike>as a 102 Trustee <u>Award</u><strike>Option</strike> are not met, then the <u>Award</u><strike>Stock Option</strike> may be treated as a 102 Non-Trustee <u>Award</u><strike>Option</strike>,
        all in accordance with the provisions of Section 102 and the Rules. After termination of the Required Holding Period, the Trustee may release such 102 Trustee <u>Award</u><strike>Option</strike> and any such Shares, provided that (i) the Trustee
        has received an acknowledgment from the ITA that the Grantee has paid any applicable taxes due pursuant to the Ordinance or (ii) the Trustee and/or the Company and/or its Affiliate withholds any applicable taxes due pursuant to the Ordinance
        arising from the 102 Trustee <u>Awards</u><strike>Options</strike> and/or any Shares allotted or issued upon exercise of such 102 Trustee <u>Awards</u><strike>Options</strike>. The Trustee shall not release any 102 Trustee <u>Award</u><strike>Option</strike>s
        or Shares issued upon exercise thereof prior to the payment in full of the Participant&#8217;s tax liabilities arising from such 102 Trustee <u>Award</u><strike>Option</strike>s and/or Shares or the withholding referred to in (ii) above.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Each 102 Trustee <u>Award</u><strike>Option</strike> shall be subject to the relevant terms of the Ordinance and the Rules, which shall be deemed
        an integral part of the 102 Trustee <u>Award</u><strike>Option</strike> and shall prevail over any term contained in the Plan or <u>an Award </u><strike>Option Agreement </strike>which is not consistent therewith. Any provision of the
        Ordinance, the Rules and any approvals by the Income Tax Commissioner not expressly specified in this Plan or <u>an Award</u><strike>Option</strike> Agreement which, as determined by the Committee, are necessary to receive or maintain any tax
        benefit pursuant to Section 102 shall be binding on the Participant. The Participant granted a 102 Trustee <u>Award</u><strike>Option</strike> shall comply with the Ordinance and the terms and conditions of the Trust Agreement entered into between
        the Company and the Trustee. The Participant agrees to execute any and all documents, which the Company and/or its Affiliates and/or the Trustee may reasonably determine to be necessary in order to comply with the Ordinance and the Rules.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;During the Required Holding Period, the Participants shall not release from trust or sell, assign, transfer or give as collateral, the Shares
        issuable upon the exercise of a 102 Trustee <u>Award</u><strike>Option</strike> and/or any securities issued or distributed with respect thereto, until the expiration of the Required Holding Period. Notwithstanding the above, if any such sale or
        release occurs during the Required Holding Period it will result in adverse tax consequences to the Participant under Section 102 of the Ordinance and the Rules, which shall apply to and shall be borne solely by such Participant. Subject to the
        foregoing, the Trustee may, pursuant to a written request from the Participant, release and transfer such Shares to a designated third party, provided that both of the following conditions have been fulfilled prior to such release or transfer: (i)
        payment has been made to the ITA of all taxes required to be paid upon the release and transfer of the Shares, and confirmation of such payment has been received by the Trustee and (ii) the Trustee has received written confirmation from the Company
        that all requirements for such release and transfer have been fulfilled according to the terms of the Company&#8217;s corporate documents, the Plan, the Option Agreement and any applicable law.</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">xvii</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(g)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;If a 102 Trustee <u>Award</u><strike>Option</strike> is exercised during the Required Holding Period, the Shares issued upon such exercise shall
        be issued in the name of the Trustee for the benefit of the Participant. If such 102 Trustee <u>Award</u><strike>Option</strike> is exercised after the expiration of the Required Holding Period, the Shares issued upon such exercise shall, at the
        election of the Participant, either (i) be issued in the name of the Trustee, or (ii) be issued to the Participant, provided that the Participant first complies with all applicable provisions of the Plan and all taxes with respect thereto shall
        have been fully paid to the ITA.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(h)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The foregoing provisions of this Section 6.4 relating to 102 Trustee <u>Awards</u><strike>Options</strike> shall not apply with respect to 102
        Non-Trustee Options, which shall, however, be subject to the relevant provisions of Section 102 and the Rules.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;"><u>(i)</u>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Upon receipt of a 102 Trustee <u>Award</u><strike>Option</strike>, the Participant will sign an undertaking to release the Trustee from
        any liability with respect to any action or decision duly taken and executed in good faith by the Trustee in relation to the Plan, or any 102 Trustee <u>Award</u><strike>Option</strike> or Share granted to such Participant thereunder.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><u>6.5</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Performance Share Unit Awards</u></font><u>. The Committee may grant performance
          share units (each, a &#8220;</u><font style="font-weight: bold;"><u>Performance Share Unit</u></font><u>,&#8221; and any award of Performance Share Units is hereafter referred to as a &#8220;</u><font style="font-weight: bold;"><u>Performance Share Unit Award</u></font><u>&#8221;)

          to Participants. Each Performance Share Unit is a notional unit representing the right to receive one Ordinary Share as provided in Section </u><u>6.5(c)</u><u>. Each Performance Share Unit Award shall be subject to the following terms and
          conditions and such other terms and conditions not inconsistent with the terms of the Plan as the Committee may prescribe:</u></div>
      <div style="line-height: 1.25">&#160;</div>
      <table cellspacing="0" cellpadding="0" id="z272f8ef9a48c4d87be7f71ae805264d7" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 55.95pt;"><br>
            </td>
            <td style="width: 44.6pt; vertical-align: top;"><u>(a)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Award Agreement. The terms of any Performance Share Unit Award granted under the Plan shall be set forth in an Award Agreement, which shall contain provisions determined by the Committee and not inconsistent with the Plan.</u></div>
            </td>
          </tr>

      </table>
      <div style="margin-left: 20.7pt; line-height: 1.25;"> <br style="line-height: 1.25;">
      </div>
      <table cellspacing="0" cellpadding="0" id="z9e77d4565efc4e108f88d89e7578ed17" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 55.95pt;"><br>
            </td>
            <td style="width: 44.6pt; vertical-align: top;"><u>(b)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Award Period and Performance Goals. The Committee shall determine and include in a Performance Unit Share Award grant the period of time for which a Performance Share Award is made (&#8220;</u><font style="font-weight: bold;"><u>Award
                    Period</u></font><u>&#8221;). The Committee also shall establish performance objectives (&#8220;</u><font style="font-weight: bold;"><u>Performance Goals</u></font><u>&#8221;) to be met by the Company or any subsidiary, division or Affiliate of the
                  Company or any employees thereof during the Award Period as a condition to payment of the Performance Share Award. The Performance Goals may include share price, pre-tax profits, earnings per share, return on shareholders&#8217; equity, return
                  on assets, sales, net income or any combination of the foregoing or any other financial or other measurement established by the Committee.</u></div>
            </td>
          </tr>

      </table>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">xviii</font></div>
        <div class="BRPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <table cellspacing="0" cellpadding="0" id="z65c0faa0e763483ea54b55eccf911daf" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 55.95pt;"><br>
            </td>
            <td style="width: 44.6pt; vertical-align: top;"><u>(c)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Payment of Performance Share Unit Awards. The Committee shall establish the method of calculating the amount of payment to be made under a Performance Share Unit Award if the Performance Goals are met. After the completion of an Award
                  Period, the performance of the Company or subsidiary, division or Affiliate of the Company, as applicable, shall be measured against the Performance Goals, and the Committee or the Board shall determine, in accordance with the terms of
                  such Performance Share Unit Award, whether all, none or any portion of a Performance Share Unit Award shall be paid.</u></div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <table cellspacing="0" cellpadding="0" id="z22b9c6bf3f814a81acf449b4ef18889a" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 55.95pt;"><br>
            </td>
            <td style="width: 44.6pt; vertical-align: top;"><u>(d)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Revision of Performance Goals. At any time prior to the end of an Award Period, the Committee may revise the Performance Goals and the computation of payment if unforeseen events occur that have a substantial effect on the performance
                  of the Company or any subsidiary, division or Affiliate of the Company and which, in the judgment of the Committee, makes the application of the Performance Goals unfair unless a revision is made.</u></div>
            </td>
          </tr>

      </table>
      <div style="margin-left: 20.7pt; line-height: 1.25;"> <br style="line-height: 1.25;">
      </div>
      <table cellspacing="0" cellpadding="0" id="z6a54adb85d6d44679d6de4d57b62bf6b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 55.95pt;"><br>
            </td>
            <td style="width: 44.6pt; vertical-align: top;"><u>(e)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Requirement of Employment/Provision of Services. A grantee of a Performance Share Unit Award must remain in the employ of, or provide services as a Consultant to, the Company or any subsidiary or Affiliate until the completion of the
                  Award Period in order to be entitled to payment under the Performance Share Unit Award; provided, that the Committee may, in its discretion, provide for a full or partial payment where such an exception is deemed equitable.</u></div>
            </td>
          </tr>

      </table>
      <div style="margin-left: 20.7pt; line-height: 1.25;"> <br style="line-height: 1.25;">
      </div>
      <table cellspacing="0" cellpadding="0" id="zb7de72f68d724b3e8067ada70be637f1" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 55.95pt;"><br>
            </td>
            <td style="width: 44.6pt; vertical-align: top;"><u>(f)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Escrow Agreement. The Committee may require a Participant who receives a Performance Share Unit Award to enter into an escrow or trustee agreement providing that the Ordinary Shares to be distributed in connection with the settlement
                  of a Performance Share Unit Award will remain in the physical custody of an escrow holder or trustee, as necessary to satisfy applicable local law.</u></div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <table cellspacing="0" cellpadding="0" id="zf9000433c37845e2be3bfcd8820aa758" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 55.95pt;"><br>
            </td>
            <td style="width: 44.6pt; vertical-align: top;"><u>(g)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Creditors&#8217; Rights. A Participant who has been granted a Performance Share Unit Award shall have no rights other than those of a general creditor of the Company. A Performance Share Unit represents an unfunded and unsecured obligation
                  of the Company, subject to the terms and conditions of the applicable Incentive award agreement.</u></div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <table cellspacing="0" cellpadding="0" id="zf450f83ff03a4f59ac1ab01fa6ecf4ad" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 55.95pt;"><br>
            </td>
            <td style="width: 44.6pt; vertical-align: top;"><u>(h)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Dividends. The Committee may, in its discretion, at the time of the granting of a Performance Share Unit Award, provide that the cash equivalent of any dividends declared on the Ordinary Shares during the Award Period, and which would
                  have been paid with respect to Performance Unit Shares had they been owned by a grantee, shall be paid to the Participant at the time the Performance Unit Shares become payable to the Participant.</u></div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><u>6.6</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Restricted Share Awards</u></font><u>.</u><font style="font-weight: bold;"><u>&#160;</u></font><u>The

          Committee may grant Ordinary Shares to a Participant, which shall be subject to the following terms and conditions and such other terms and conditions not inconsistent with the terms of the Plan as the Committee may prescribe (&#8220;</u><font style="font-weight: bold;"><u>Restricted Share Award</u></font><u>&#8221;):</u></div>
      <div style="line-height: 1.25">&#160;</div>
      <table cellspacing="0" cellpadding="0" id="z5dd6c59df7f9484292e6bdcdbc7f154d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 56.9pt;"><br>
            </td>
            <td style="width: 35.25pt; vertical-align: top;"><u>(a)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Award Agreement. The terms of any Restricted Share Award granted under the Plan shall be set forth in an Award Agreement, which shall contain provisions determined by the Committee and not inconsistent with the Plan. The Committee
                  shall have absolute discretion to determine whether any consideration (other than services) is to be received by the Company as a condition precedent to the issuance of the Ordinary Shares.</u></div>
            </td>
          </tr>

      </table>
      <div style="margin-left: 20.7pt; line-height: 1.25;"> <br style="line-height: 1.25;">
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">xix</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <table cellspacing="0" cellpadding="0" id="z7de5691dcde44c16ac3367daf60b1823" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 56.9pt;"><br>
            </td>
            <td style="width: 35.25pt; vertical-align: top;"><u>(b)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Requirement of Employment/Provision of Services. A grantee of a Restricted Share Award must remain in the employment of, or provide services as a Consultant to, the Company, subsidiary or Affiliate during a period designated by the
                  Committee in order to retain the Ordinary Shares under the Restricted Share Award; provided that the Restricted Share Award shall be subject to vesting as determined by the Committee (&#8220;</u><font style="font-weight: bold;"><u>Restricted
                    Share Restriction Period</u></font><u>&#8221;). If the grantee leaves the employment of, or ceases to provide services as Consultant to, the Company, subsidiary or Affiliate prior to the end of the Restricted Share Restriction Period, </u><u>or

                </u><u>fails</u><u> to meet or satisfy</u><u>&#160;</u><u>any vesting terms or other terms, conditions and restrictions to the extent set</u><u>&#160;</u><u>forth in the applicable Award Agreement</u><u>, the Restricted Share Award shall terminate
                  and the Ordinary Shares shall be forfeited and revert immediately to the Company, or cancelled, provided that each applicable Award Agreement shall set forth the extent to which, if any, the Participant shall have the right to retain
                  Shares of Restricted Share Award, then subject to the Restricted Share Restriction Period, following such Participant&#8217;s Termination. Such provisions shall be determined in the sole discretion of the Committee, shall be included in the
                  applicable Award Agreement, need not be uniform among all such Awards issued pursuant to the Plan, and may reflect distinctions based on the reasons for, or circumstances of, such Termination.</u></div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <table cellspacing="0" cellpadding="0" id="z44f1426983f34078b995ee0537101eaa" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 56.9pt;"><br>
            </td>
            <td style="width: 35.25pt; vertical-align: top;"><u>(c)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Rights of Holders of Restricted Share Awards. Beginning on the date of grant of the Restricted Share Award and subject to the execution of an Award Agreement, the Participant shall become a shareholder of the Company with respect to
                  any Ordinary Shares subject to the Restricted Share Award and shall have all the rights of a shareholder.</u></div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <table cellspacing="0" cellpadding="0" id="zeb59da640ce2420682182cf638ec72de" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 56.9pt;"><br>
            </td>
            <td style="width: 35.25pt; vertical-align: top;"><u>(d)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Restrictions on Transfer and Legend on Ordinary Share Certificates. During the Restricted Share Restriction Period, the grantee may not sell, assign, transfer, pledge or otherwise dispose of Ordinary Shares. Each certificate for
                  Ordinary Shares issued hereunder shall contain a legend giving appropriate notice of the restrictions in the grant.</u></div>
            </td>
          </tr>

      </table>
      <div style="margin-left: 20.7pt; line-height: 1.25;"> <br style="line-height: 1.25;">
      </div>
      <table cellspacing="0" cellpadding="0" id="z1eab74dd903441b2b4524f4b70acb5a1" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 56.9pt;"><br>
            </td>
            <td style="width: 35.25pt; vertical-align: top;"><u>(e)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Lapse of Restrictions. All restrictions imposed under the Restricted Share Award shall lapse upon the expiration of the Restricted Share Restriction Period if the conditions as to employment or provision of services set forth above
                  have been met. The grantee shall then be entitled to have the legend removed from the certificates.</u></div>
            </td>
          </tr>

      </table>
      <div style="margin-left: 20.7pt; line-height: 1.25;"> <br style="line-height: 1.25;">
      </div>
      <table cellspacing="0" cellpadding="0" id="z0d47a3245b614b45823fe84269c28031" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 56.9pt;"><br>
            </td>
            <td style="width: 35.25pt; vertical-align: top;"><u>(f)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Escrow Agreement. The Committee may require a Participant who receives a Restricted Share Award to enter into an escrow or trustee agreement providing that the Ordinary Shares to be distributed in connection with the settlement of the
                  Restricted Share Award will remain in the physical custody of an escrow holder or trustee, as necessary to satisfy applicable local law. To the extent deemed appropriate by the Committee, such escrow or trustee agreements may include a
                  request to transfer the record ownership of such Ordinary Shares into the name of the escrow agent.</u></div>
            </td>
          </tr>

      </table>
      <div> <br>
      </div>
      <table cellspacing="0" cellpadding="0" id="z4739698898c44b7b9604ac1c4340298d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 56.9pt;"><br>
            </td>
            <td style="width: 35.25pt; vertical-align: top;"><u>(g)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Dividends. The Committee may, in its discretion, at the time of the&#160; Restricted Share Award, provide that any dividends declared on the Ordinary Shares during the Restricted Share Restriction Period shall be (i) paid to the grantee,
                  or (ii) accumulated for the benefit of the grantee and paid to the grantee only after the expiration of the Restricted Share Restriction Period.</u></div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">xx</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;"><u>6.7</u></font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Restricted Share Unit Awards. </u></font><u>The Committee may grant restricted
          share units (each, a &#8220;</u><font style="font-weight: bold;"><u>Restricted Share Unit</u></font><u>,&#8221; and any award of Restricted Share Units is hereafter referred to as a &#8220;</u><font style="font-weight: bold;"><u>Restricted Share Unit Award</u></font><u>&#8221;)

          to Participants. Each Restricted Share Unit is a notional unit representing the right to receive one Ordinary Share on the Settlement Date (as defined below). Each Restricted Share Unit Award shall be subject to the following terms and conditions
          and such other terms and conditions not inconsistent with the terms of the Plan as the Committee may prescribe:</u></div>
      <div style="line-height: 1.25">&#160;</div>
      <table cellspacing="0" cellpadding="0" id="zda55a2644a29414db25950a0cf0e524f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 56.7pt;"><br>
            </td>
            <td style="width: 35.45pt; vertical-align: top;"><u>(a)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Award Agreement. The terms of any Restricted Share Unit Award granted under the Plan shall be set forth in an Award Agreement, which shall contain provisions determined by the Committee and not inconsistent with the Plan. The
                  Committee shall have absolute discretion to determine whether any consideration (other than services) is to be received by the Company as a condition precedent to the issuance of the Ordinary Shares.</u></div>
            </td>
          </tr>

      </table>
      <div style="margin-left: 20.7pt; line-height: 1.25;"> <br style="line-height: 1.25;">
      </div>
      <table cellspacing="0" cellpadding="0" id="za6b490425c644aec8c044c451f63919f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 56.7pt;"><br>
            </td>
            <td style="width: 35.45pt; vertical-align: top;"><u>(b)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Requirement of Employment/Provision of Services. A grantee of a Restricted Share Unit Award must remain in the employment of, or provide services as a Consultant to, the Company, subsidiary or Affiliate during a period designated by
                  the Committee in order to receive Ordinary Shares under the terms of the Award Agreement; provided that the Restricted Share Unit Award shall be subject to vesting as determined by the Committee (&#8220;</u><font style="font-weight: bold;"><u>Restricted

                    Unit Restriction Period</u></font><u>&#8221;). If the grantee leaves the employment of, or ceases to provide services as a Consultant to, the Company, subsidiary or Affiliate prior to the end of the Restricted Unit Restriction Period, </u><u>or

                  fails to meet or satisfy any vesting terms or other terms, conditions and restrictions to the extent set forth in the applicable Award Agreement</u><u>, the Restricted Share Unit Award shall terminate and all rights of the grantee to such
                  Award shall terminate, provided that each applicable Award Agreement shall set forth the extent to which, if any, the Participant shall have the right to retain the Restricted Share Unit Award then subject to the Restricted Share
                  Restriction Period, following such Participant&#8217;s Termination. Such provisions shall be determined in the sole discretion of the Committee, shall be included in the applicable Award Agreement, need not be uniform among all such Awards
                  issued pursuant to the Plan, and may reflect distinctions based on the reasons for, or circumstances of, such Termination.</u></div>
            </td>
          </tr>

      </table>
      <div style="margin-left: 20.7pt; line-height: 1.25;"> <br style="line-height: 1.25;">
      </div>
      <table cellspacing="0" cellpadding="0" id="z71b00aea4df94830b6ef55d89b179bab" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 56.7pt;"><br>
            </td>
            <td style="width: 35.45pt; vertical-align: top;"><u>(c)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Settlement of Restricted Share Units. Upon a date or dates on or following the expiration of the Restricted Unit Restriction Period, unless earlier forfeited, the Company shall settle the Restricted Share Unit Award by delivering a
                  number of Ordinary Shares equal to the number of Restricted Share Units subject to the Restricted Share Unit Award then vested and not otherwise forfeited. No Ordinary Shares shall be issued to Participants at the time a Restricted Share
                  Unit Award is granted.</u></div>
            </td>
          </tr>

      </table>
      <div style="margin-left: 20.7pt; line-height: 1.25;"> <br style="line-height: 1.25;">
      </div>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">xxi</font></div>
        <div class="BRPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <table cellspacing="0" cellpadding="0" id="za0554da912454c0f96feb34e6a81ce68" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 56.7pt;"><br>
            </td>
            <td style="width: 35.45pt; vertical-align: top;"><u>(d)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Escrow Agreement. The Committee may require a Participant who receives a Restricted Share Unit Award to enter into an escrow or trustee agreement providing that the Ordinary Shares to be distributed in connection with the settlement
                  of the Restricted Share Unit Award will remain in the physical custody of an escrow holder or trustee, as necessary to satisfy applicable local law.</u></div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25;"><br style="line-height: 1.25;">
      </div>
      <table cellspacing="0" cellpadding="0" id="z619c8dab1b564a1d9be01b1d52c398c9" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

          <tr>
            <td style="width: 56.7pt;"><br>
            </td>
            <td style="width: 35.45pt; vertical-align: top;"><u>(e)</u></td>
            <td style="width: auto; vertical-align: top; text-align: justify;">
              <div><u>Dividends. The Committee may, in its discretion, at the time of the Restricted Share Unit Award, provide that any dividends declared on the Ordinary Shares during the Restricted Share Restriction Period shall be accumulated for the
                  benefit of the grantee and paid to the grantee only after the expiration of the Restricted Share Restriction Period.</u></div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25;"><br>
        <table cellspacing="0" cellpadding="0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

            <tr>
              <td style="width: 56.7pt;"><br>
              </td>
              <td style="width: 35.45pt; vertical-align: top;"><u><strike>(i)</strike></u></td>
              <td style="width: auto; vertical-align: top; text-align: justify;">
                <div><br>
                </div>
              </td>
            </tr>

        </table>
      </div>
      <div style="line-height: 1.25;"><u>&#160; </u><br>
      </div>
      <div style="line-height: 1.25;"></div>
      <div style="text-align: center; line-height: 1.25;"><a name="ARTICLEVII"><!--Anchor--></a><font style="font-weight: bold;">ARTICLE VII</font><br>
        <br>
        CHANGE IN CONTROL PROVISIONS</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">7.1</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Benefits</u></font>.&#160; In the event of a Change in Control of the Company, and except as
        otherwise provided by the Committee in an Award Agreement, a Participant&#8217;s unvested Award shall not vest and a Participant&#8217;s Award shall be treated in accordance with one of the following methods as determined by the Committee in its sole
        discretion:</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Awards, whether or not then vested, shall be continued, assumed, have new rights substituted therefor or be treated in accordance with Section
        4.2(d) hereof, as determined by the Committee in its sole discretion.&#160; Notwithstanding anything to the contrary herein, for purposes of Incentive Stock Options, any assumed or substituted Stock Option shall comply with the requirements of Treasury
        Regulation &#167;&#160; 1.424-1 (and any amendments thereto).</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Committee, in its sole discretion, may provide for the purchase of any Awards by the Company or an Affiliate for an amount of cash equal to
        the excess of the Change in Control Price (as defined below) of the Ordinary Shares covered by such Awards, over the aggregate exercise price of such Awards.&#160; For purposes of this Section 7.1, Change in Control Price shall mean the highest price
        paid per Ordinary Shares in any transaction related to a Change in Control of the Company; provided, however, that such price shall not exceed the fair market value of the Common Stock at the time of purchase as determined in accordance Section
        409A of the Code.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Committee may, in its sole discretion, provide for the cancellation of any <strike>Appreciation </strike>Awards without payment, if the
        Change in Control Price is less than the exercise price of such <strike>Appreciation </strike>Award.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Notwithstanding anything else herein, the Committee may, in its sole discretion, provide for accelerated vesting or lapse of restrictions, of an
        Award at any time.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">7.2</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Change in Control</u></font>.&#160; Unless otherwise determined by the Committee in the
        applicable Award agreement or other written agreement approved by the Committee, a &#8220;<font style="font-weight: bold;"><u>Change in Control</u></font>&#8221; shall be deemed to occur following any transaction if: (i) any &#8220;person&#8221; as such term is used in
        Sections 13(d) and 14(d) of the Exchange Act (other than the Company, any trustee or other fiduciary holding securities under any employee benefit plan of the Company, or any company owned, directly or indirectly, by the stockholders of the Company
        in substantially the same proportions as their ownership of Ordinary Shares of the Company), becomes the &#8220;beneficial owner&#8221; (as defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of 50% or more of the combined voting power of
        the then outstanding securities of the Company (or its successor corporation); provided, however, that a merger or consolidation effected solely to implement a recapitalization of the Company or for the primary purpose of change of domicile shall
        not constitute a Change in Control of the Company; (ii) the stockholders of the Company approve a plan of complete liquidation of the Company; <u>provided</u>, that this subsection (ii) shall not constitute a Change in Control with respect to the
        amount of any payment pursuant to an Award under this Plan, or any portion thereof, that is triggered upon a Change in Control and that is intended to constitute &#8220;non-qualified deferred compensation&#8221; pursuant to Section 409A of the Code; or (iii)
        the consummation of the sale or disposition by the Company of all or substantially all of the Company&#8217;s assets other than (x) the sale or disposition of all or substantially all of the assets of the Company to a person or persons who beneficially
        own, directly or indirectly, at least 50% or more of the combined voting power of the outstanding voting securities of the Company at the time of the sale or (y) pursuant to a spinoff type transaction, directly or indirectly, of such assets to the
        stockholders of the Company.</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">xxii</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
          <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
      </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25;"><a name="ARTICLEVIII"><!--Anchor--></a><font style="font-weight: bold;">ARTICLE VIII</font><br>
        <br>
        TERMINATION OR AMENDMENT OF PLAN</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">8.1</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Termination or Amendment</u></font>.&#160; Notwithstanding any other provision of this Plan,
        the Board may at any time, and from time to time, amend, in whole or in part, any or all of the provisions of this Plan (including any amendment deemed necessary to ensure that the Company may comply with any regulatory requirement referred to in
        Article X), or suspend or terminate it entirely, retroactively or otherwise; provided, that without the approval of the holders of the Company&#8217;s Ordinary Shares entitled to vote in accordance with applicable law and the exchange or system on which
        the Company&#8217;s securities are then listed or traded, if so required by applicable law or stock exchange regulation, no amendment may be made that would:</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;increase the aggregate number of Ordinary Shares that may be issued under this Plan pursuant to Section 4.1 (except by operation of Section 4.2);</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;change the classification of individuals eligible to receive Awards under this Plan;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;other than adjustments or substitutions in accordance with Section 4.2, amend the terms of outstanding Awards to reduce the exercise price of
        outstanding Stock Options or to cancel outstanding Stock Options (where prior to the reduction or cancellation the exercise price equals or exceeds the fair market value of the Ordinary Shares underlying such Awards) in exchange for cash, or Stock
        Options with an exercise price that is less than the exercise price of the original Stock Options;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;extend the maximum Exercise Period under Section 6.3;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(e)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;award any Stock Option in replacement of a canceled Stock Option with a higher exercise price, except in accordance with Section 6.3(l); or</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(f)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;require stockholder approval in order for this Plan to comply with the applicable rules of any exchange or system on which the Company&#8217;s
        securities are listed or traded at the request of the Company, the applicable provisions of Section 162(m) of the Code or, to the extent applicable to Incentive Stock Options, Section 422 of the Code.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">xxiii</font></div>
        <div class="BRPFPageBreak" style="page-break-after: always;">
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      </div>
      <div style="text-align: center; line-height: 1.25;"><a name="ARTICLEIX"><!--Anchor--></a><font style="font-weight: bold;">ARTICLE IX</font><br>
        <br>
        UNFUNDED PLAN</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">9.1</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Unfunded Status of Plan</u></font>.&#160; This Plan is an &#8220;unfunded&#8221; plan for incentive and
        deferred compensation.&#160; With respect to any payments as to which a Participant has a fixed and vested interest but that are not yet made to a Participant by the Company, nothing contained herein shall give any such Participant any rights that are
        greater than those of a general unsecured creditor of the Company.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25;"><a name="ARTICLEX"><!--Anchor--></a><font style="font-weight: bold;">ARTICLE X</font><br>
        <br>
        GENERAL PROVISIONS</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.1</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;">RIGHTS AS A STOCKHOLDER; VOTING AND DIVIDENDS</font>.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;A Participant shall have no rights as a shareholder of the Company with respect to any Ordinary Shares covered by the Award until the date of the
        lawful issuance of such Shares to the Participant. In the case of 102 Option Awards (if such Options are being held by a Trustee), the Trustee shall have no rights as a shareholder of the Company with respect to any Shares covered by such Award
        until the date of the lawful issuance of such Shares for the Participant&#8217;s benefit, and the Participant shall have no rights as a shareholder of the Company with respect to any Shares covered by the Award until the date of the release of such
        Shares from the Trustee to the Participant and the issuance of such Shares.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;With respect to all Ordinary Shares issued in the form of Awards hereunder or upon the exercise of Awards hereunder, any and all voting rights
        attached to such Shares and the Participant's entitlement to receive dividends distributed with respect to such Shares, shall be subject to the provisions of the Company&#8217;s Articles of Association, as amended from time to time, and subject to any
        applicable law.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Regarding Shares issued pursuant to the exercise of any 102 Trustee <strike>Option </strike><u>Award </u>any rights distributed to the
        Participants shall be deposited with and/or issued to the Trustee for the benefit of the Participants. All said rights, excluding dividends, shall be held by the Trustee for the applicable Required Holding Period. In the case that the Company
        distributes dividends, then the amount of dividends with respect of Shares held in trust shall be paid to the Participants that are the beneficial holders of such Shares, subject to deduction at source of the applicable tax.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company may, but shall not be obligated to, register or qualify the sale of Shares under any applicable securities law or any other applicable
        law.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.2</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Legend</u></font>.&#160; The Committee may require each person receiving Ordinary Shares
        pursuant to <u>an Award </u><strike>a Stock Option </strike>under this Plan to represent to and agree with the Company in writing that the Participant is acquiring the shares without a view to distribution thereof.&#160; In addition to any legend
        required by this Plan, the certificates for such shares may include any legend that the Committee, in its sole discretion, deems appropriate to reflect any restrictions on Transfer.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">All certificates for Ordinary Shares delivered under this Plan shall be subject to such stop transfer orders and other restrictions as the Committee may, in its sole discretion,
        deem advisable under the rules, regulations and other requirements of the Securities and Exchange Commission, any stock exchange upon which the Ordinary Shares are then listed or any national securities exchange system upon whose system the
        Ordinary Shares are then quoted, any applicable federal or state securities law, and any applicable corporate law, and the Committee may cause a legend or legends to be put on any such certificates to make appropriate reference to such
        restrictions.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">xxiv</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.3</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Other Plans</u></font>.&#160; Nothing contained in this Plan shall prevent the Board from
        adopting other or additional compensation arrangements, subject to stockholder approval if such approval is required; and such arrangements may be either generally applicable or applicable only in specific cases.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.4</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>No Right to Employment/Directorship/Consultancy</u></font>.&#160; Neither this Plan nor the
        grant of any <strike>Option </strike><u>Award </u>hereunder shall give any Participant or other employee, Consultant or Non-Employee Director any right with respect to continuance of employment, consultancy or directorship by the Company or any
        Affiliate, nor shall they be a limitation in any way on the right of the Company or any Affiliate by which an employee is employed or a Consultant or Non-Employee Director is retained to terminate his or her employment, consultancy or directorship
        at any time.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.5</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Withholding of Taxes</u></font>.&#160; The Company shall have the right to deduct from any
        payment to be made pursuant to this Plan, or to otherwise require, prior to the issuance or delivery of any Ordinary Shares or the payment of any cash hereunder, payment by the Participant of, any federal, state or local taxes required by law to be
        withheld.&#160; Any statutorily required withholding obligation with regard to any Participant may be satisfied, subject to the consent of the Committee, by reducing the number of Ordinary Shares otherwise deliverable or by delivering Ordinary Shares
        already owned&#160; Any fraction of a share of Ordinary Shares required to satisfy such tax obligations shall be disregarded and the amount due shall be paid instead in cash by the Participant.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.6</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>No Assignment of Benefits</u></font>.&#160; No Award or other benefit payable under this Plan
        shall, except as otherwise specifically provided by law or permitted by the Committee, be Transferable in any manner, and any attempt to Transfer any such benefit shall be void, and any such benefit shall not in any manner be liable for or subject
        to the debts, contracts, liabilities, engagements or torts of any person who shall be entitled to such benefit, nor shall it be subject to attachment or legal process for or against such person.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.7</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Listing and Other Conditions</u></font>.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Unless otherwise determined by the Committee, as long as the Ordinary Shares are listed on a national securities exchange or system sponsored by a
        national securities association, the issue of any Ordinary Shares pursuant to an Award shall be conditioned upon such shares being listed on such exchange or system.&#160; The Company shall have no obligation to issue such shares unless and until such
        shares are so listed, and the right to exercise any <strike>Option </strike><u>Award </u>with respect to such shares shall be suspended until such listing has been effected.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;If at any time counsel to the Company shall be of the opinion that any sale or delivery of Ordinary Shares pursuant to an <strike>Option </strike><u>Award

        </u>is or may in the circumstances be unlawful or result in the imposition of excise taxes on the Company under the statutes, rules or regulations of any applicable jurisdiction, the Company shall have no obligation to make such sale or delivery,
        or to make any application or to effect or to maintain any qualification or registration under the Securities Act or otherwise, with respect to Ordinary Shares or Awards, and the right to exercise any <strike>Option </strike><u>Award </u>shall
        be suspended until, in the opinion of said counsel, such sale or delivery shall be lawful or will not result in the imposition of excise taxes on the Company.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Upon termination of any period of suspension under this Section 10.7, any Award affected by such suspension which shall not then have expired or
        terminated shall be reinstated as to all shares available before such suspension and as to shares which would otherwise have become available during the period of such suspension, but no such suspension shall extend the term of any Award.</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">xxv</font></div>
        <div style="page-break-after: always;" class="BRPFPageBreak">
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      </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; margin-left: 36pt; line-height: 1.25;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;A Participant shall be required to supply the Company with any certificates, representations and information that the Company requests and
        otherwise cooperate with the Company in obtaining any listing, registration, qualification, exemption, consent or approval the Company deems necessary or appropriate.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.8</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Governing Law</u></font>.&#160; This Plan and actions taken in connection herewith shall be
        governed and construed in accordance with the laws of Israel (regardless of the law that might otherwise govern under applicable Israeli principles of conflict of laws).</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.9</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Construction</u></font>.&#160; Wherever any words are used in this Plan in the masculine
        gender they shall be construed as though they were also used in the feminine gender in all cases where they would so apply, and wherever any words are used herein in the singular form they shall be construed as though they were also used in the
        plural form in all cases where they would so apply.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.10</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Other Benefits</u></font>.&#160; No Award granted or paid out under this Plan shall be
        deemed compensation for purposes of computing benefits under any retirement plan of the Company or its Affiliates nor affect any benefits under any other benefit plan now or subsequently in effect under which the availability or amount of benefits
        is related to the level of compensation.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.11</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Costs</u></font>.&#160; The Company shall bear all expenses associated with administering
        this Plan, including expenses of issuing Ordinary Shares pursuant to any Awards hereunder.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.12</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>No Right to Same Benefits</u></font>.&#160; The provisions of Awards need not be the same
        with respect to each Participant, and such Awards to individual Participants need not be the same in subsequent years.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.13</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Death/Disability</u>.</font>&#160; The Committee may in its sole discretion require the
        transferee of a Participant to supply it with written notice of the Participant&#8217;s death or Disability and to supply it with a copy of the will (in the case of the Participant&#8217;s death) or such other evidence as the Committee deems necessary to
        establish the validity of the transfer of an Award.&#160; The Committee may, in its discretion, also require that the agreement of the transferee to be bound by all of the terms and conditions of this Plan.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.14</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Section 16(b) of the Exchange Act</u></font>.&#160; All elections and transactions under
        this Plan by persons subject to Section 16 of the Exchange Act involving shares of Common Stock are intended to comply with any applicable exemptive condition under Rule&#160;16b-3.&#160; The Committee may, in its sole discretion, establish and adopt written
        administrative guidelines, designed to facilitate compliance with Section 16(b) of the Exchange Act, as it may deem necessary or proper for the administration and operation of this Plan and the transaction of business thereunder.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.15</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Section 409A of the Code / Section 102 of the Ordinance</u></font>.&#160; Although the
        Company does not guarantee the particular tax treatment of an Award granted under this Plan, 102 <u>Awards</u><strike>Options</strike> and Incentive Stock Options made under this Plan are intended to comply with, or be exempt from, the applicable
        requirements of Section 409A of the Code and/or Section 102 of the Ordinance, as may be applicable, and this Plan and any Award agreement hereunder shall be limited, construed and interpreted in accordance with such intent.&#160; In no event whatsoever
        shall the Company or any of its Affiliates be liable for any additional tax, interest or penalties that may be imposed on a Participant by Section 409A of the Code and/or Section 102 of the Ordinance, as may be applicable, or any damages for
        failing to comply with Section 409A of the Code and/or Section 102 of the Ordinance, as may be applicable.</div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">xxvi</font></div>
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      </div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.16</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Successor and Assigns</u></font>.&#160; This Plan shall be binding on all successors and
        permitted assigns of a Participant, including, without limitation, the estate of such Participant and the executor, administrator or trustee of such estate.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.17</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Severability of Provisions</u></font>.&#160; If any provision of this Plan shall be held
        invalid or unenforceable, such invalidity or unenforceability shall not affect any other provisions hereof, and such provision shall be construed in a manner which is closest to expressing the original intention of such provision while making it
        valid or enforceable, as the case may be.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.18</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Payments to Minors, Etc</u></font>.&#160; Any benefit payable to or for the benefit of a
        minor, an incompetent person or other person incapable of receipt thereof shall be deemed paid when paid to such person&#8217;s guardian or to the party providing or reasonably appearing to provide for the care of such person, and such payment shall
        fully discharge the Committee, the Board, the Company, its Affiliates and their employees, agents and representatives with respect thereto.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;"><font style="font-weight: bold;">10.19</font>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<font style="font-weight: bold;"><u>Headings and Captions</u></font>.&#160; The headings and captions herein are provided for
        reference and convenience only, shall not be considered part of this Plan, and shall not be employed in the construction of this Plan.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25;"><a name="ARTICLEXI"><!--Anchor--></a><font style="font-weight: bold;">ARTICLE XI</font><br>
        <br>
        EFFECTIVE DATE OF PLAN</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">The Plan was adopted by the Board on November 24, 2011 and amended by the Board on December 13, 2011, on March 22, 2012, on June 28, 2016, on December 24, 2017<u>,on August 30,
          2018</u><strike> and</strike><u>,</u> on August 30, <strike>2018, subject</strike><u>2022 and on September 2025 subject</u> to, and to be effective upon, the approval of the stockholders of the Company<strike> in accordance with the requirements
          of the laws Israel</strike>. Without derogating from the above and in addition thereto, and solely with respect to grants of ISO, the Plan shall be approved by the shareholders of the Company, which approval shall be received within twelve (12)
        months following the relevant Board resolution (the &#8220;<font style="font-weight: bold;"><u>Effective Date</u></font>&#8221;). All and any grants of ISOs to Optionees under the Plan as of the Effective Date shall be subject to the said shareholders&#8217;
        approval. Failure to obtain such approval by the shareholders within such period shall not in any way derogate from the valid and binding effect of any grant of an Option, except that any Options previously granted under this Plan as Incentive
        Stock Option may not qualify as an Incentive Stock Option but, rather, shall constitute NQSO.&#160; Upon approval of this Plan by the shareholders of the Company as set forth above, all ISOs granted under this Plan on or after the Effective Date shall
        be fully effective as if the shareholders of the Company had approved this Plan on the Effective Date.</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25;"></div>
      <div style="text-align: center; line-height: 1.25;"><a name="ARTICLEXII"><!--Anchor--></a><font style="font-weight: bold;">ARTICLE XII</font><br>
        <br>
        TERM OF PLAN</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25;">No Award<u> regarding "ISOs Options"</u> shall be granted pursuant to this Plan on or after March 22, 2022, but Awards granted prior to such date may extend beyond that date.<u> Award of "102 Awards" on this plan are
          not limited in time.</u></div>
      <div style="line-height: 1.25">&#160;</div>
      <div class="BRPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div style="text-align: center;" class="BRPFPageNumberArea"><font style="font-family: 'Times New Roman'; color: #000000; font-weight: normal; font-style: normal;" class="BRPFPageNumber">xxvii</font></div>
        <div class="BRPFPageBreak" style="page-break-after: always;">
          <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
      </div>
      <div style="text-align: center; line-height: 1.25;"><a name="ARTICLEXIII"><!--Anchor--></a><font style="font-weight: bold;">ARTICLE XIII</font><br>
        <br>
        NAME OF PLAN</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: justify; text-indent: 36pt; line-height: 1.25;">This Plan shall be known as &#8220;The TAT Technologies Ltd 2012 <u>Incentive</u><strike>Stock Option</strike> Plan.&#8221;</div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="text-align: center; line-height: 1.25; font-weight: bold;"><u>TABLE OF CONTENTS</u></div>
      <div style="line-height: 1.25">&#160;</div>
      <div style="line-height: 1.25;"> </div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z5bb9f6d8d7b147b6ac2c7594a5fe8f71">

          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><strike>ARTICLE I PURPOSE; TYPES OF AWARDS; CONSTRUCTION</strike></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><strike>i</strike></div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><strike>ARTICLE II DEFINITIONS</strike></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><strike>i</strike></div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><strike>ARTICLE III ADMINISTRATION</strike></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><strike>ii</strike></div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><strike>ARTICLE IV SHARE LIMITATION</strike></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><strike>ii</strike></div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><strike>ARTICLE V ELIGIBILITY</strike></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><strike>ii</strike></div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><strike>ARTICLE VI STOCK OPTIONS</strike></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><strike>ii</strike></div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><strike>ARTICLE VII CHANGE IN CONTROL PROVISIONS</strike></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><strike>ii</strike></div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><strike>ARTICLE VIII TERMINATION OR AMENDMENT OF PLAN</strike></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><strike>ii</strike></div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><strike>ARTICLE IX UNFUNDED PLAN</strike></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><strike>ii</strike></div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><strike>ARTICLE X GENERAL PROVISIONS</strike></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><strike>ii</strike></div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><strike>ARTICLE XI EFFECTIVE DATE OF PLAN</strike></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><strike>ii</strike></div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><strike>ARTICLE XII TERM OF PLAN</strike></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><strike>ii</strike></div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><strike>ARTICLE XIII NAME OF PLAN</strike></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;"><strike>ii</strike></div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><a href="#ARTICLEI"><font style="font-weight: bold;">ARTICLE I</font> PURPOSE; TYPES OF AWARDS; CONSTRUCTION</a></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">i</div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><a href="#ARTICLEII"><font style="font-weight: bold;">ARTICLE II</font> DEFINITIONS</a></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">
                <div style="line-height: 1.25;">ii</div>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><a href="#ARTICLEIII"><font style="font-weight: bold;">ARTICLE III</font> ADMINISTRATION</a></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">vii</div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><a href="#ARTICLEIV"><font style="font-weight: bold;">ARTICLE IV</font> SHARE LIMITATION</a></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">x</div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><a href="#ARTICLEV"><font style="font-weight: bold;">ARTICLE V</font> ELIGIBILITY</a></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">xii</div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><a href="#ARTICLEVI"><font style="font-weight: bold;">ARTICLE VI</font> STOCK OPTIONS</a></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">xii</div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><a href="#ARTICLEVII"><font style="font-weight: bold;">ARTICLE VII</font> CHANGE IN CONTROL PROVISIONS</a></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">xvii</div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><a href="#ARTICLEVIII"><font style="font-weight: bold;">ARTICLE VIII</font> TERMINATION OR AMENDMENT OF PLAN</a></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">
                <div style="line-height: 1.25;">xviii</div>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><a href="#ARTICLEIX"><font style="font-weight: bold;">ARTICLE IX</font> UNFUNDED PLAN</a></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">xxiv</div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><a href="#ARTICLEX"><font style="font-weight: bold;">ARTICLE X</font> GENERAL PROVISIONS</a></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">xxiv</div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><a href="#ARTICLEXI"><font style="font-weight: bold;">ARTICLE XI</font> EFFECTIVE DATE OF PLAN</a></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">xxvii</div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><a href="#ARTICLEXII"><font style="font-weight: bold;">ARTICLE XII</font> TERM OF PLAN</a></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div style="line-height: 1.25; font-family: 'Times New Roman',Times,serif;">
                <div style="line-height: 1.25;">xxvii</div>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 90%; vertical-align: top;">
              <div style="line-height: 1.25;"><a href="#ARTICLEXIII"><font style="font-weight: bold;">ARTICLE XIII</font> NAME OF PLAN</a></div>
            </td>
            <td style="width: 10%; vertical-align: top; text-align: right;">
              <div><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" class="BRPFPageNumber">xxviii</font></div>
            </td>
          </tr>

      </table>
      <div style="line-height: 1.25;"><u> <br>
        </u></div>
      <div style="text-align: center;"><u></u><font style="font-family: 'Times New Roman'; color: rgb(0, 0, 0); font-weight: normal; font-style: normal;" class="BRPFPageNumber">xxviii</font></div>
    </div>
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