<SEC-DOCUMENT>0001213900-25-023448.txt : 20250313
<SEC-HEADER>0001213900-25-023448.hdr.sgml : 20250313
<ACCEPTANCE-DATETIME>20250313092459
ACCESSION NUMBER:		0001213900-25-023448
CONFORMED SUBMISSION TYPE:	SCHEDULE 13D/A
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20250313
DATE AS OF CHANGE:		20250313

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Maris Tech Ltd.
		CENTRAL INDEX KEY:			0001872964
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMUNICATIONS EQUIPMENT, NEC [3669]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			L3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-93655
		FILM NUMBER:		25734042

	BUSINESS ADDRESS:	
		STREET 1:		2 YITZHAK MODAI STREET
		CITY:			REHOVOT
		STATE:			L3
		ZIP:			7608804
		BUSINESS PHONE:		0097236093609

	MAIL ADDRESS:	
		STREET 1:		2 YITZHAK MODAI STREET
		CITY:			REHOVOT
		STATE:			L3
		ZIP:			7608804

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Gottlieb Joseph
		CENTRAL INDEX KEY:			0001899620
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13D/A

	MAIL ADDRESS:	
		STREET 1:		2 YITZHAK MODAI STREET
		CITY:			REHOVOT
		STATE:			L3
		ZIP:			7608804
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
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<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:com="http://www.sec.gov/edgar/common">
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    <submissionType>SCHEDULE 13D/A</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Gottlieb Joseph -->
          <cik>0001899620</cik>
          <ccc>XXXXXXXX</ccc>
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    <coverPageHeader>
      <amendmentNo>2</amendmentNo>
      <securitiesClassTitle>ORDINARY SHARES, NO PAR VALUE PER SHARE</securitiesClassTitle>
      <dateOfEvent>12/31/2024</dateOfEvent>
      <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0001872964</issuerCIK>
        <issuerCUSIP>M68057104</issuerCUSIP>
        <issuerName>Maris Tech Ltd.</issuerName>
        <address>
          <com:street1>2 Yitzhak Modai Street</com:street1>
          <com:city>Rehovot</com:city>
          <com:stateOrCountry>L3</com:stateOrCountry>
          <com:zipCode>7608804</com:zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>Israel Bar</personName>
          <personPhoneNum>972722424022</personPhoneNum>
          <personAddress>
            <com:street1>2 Yitzhak Modai Street,</com:street1>
            <com:city>Rehovot</com:city>
            <com:stateOrCountry>L3</com:stateOrCountry>
            <com:zipCode>7608804</com:zipCode>
          </personAddress>
        </notificationInfo>
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    </coverPageHeader>
    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0001899620</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Joseph Gottlieb</reportingPersonName>
        <fundType>PF</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>L3</citizenshipOrOrganization>
        <soleVotingPower>950025.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>950025.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>950025.00</aggregateAmountOwned>
        <isAggregateExcludeShares>Y</isAggregateExcludeShares>
        <percentOfClass>11.9</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>* See Item 5 for beneficial ownership information.

** Based on a total of 7,878,501 Ordinary Shares outstanding as of June 30, 2024, as reported in the Unaudited Interim Financial Statements of Maris-Tech Ltd., attached as Exhibit 99.1 to its Report of Foreign Private Issuer on Form 6-K filed with the Securities and Exchange Commission on August 28, 2024.</commentContent>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>ORDINARY SHARES, NO PAR VALUE PER SHARE</securityTitle>
        <issuerName>Maris Tech Ltd.</issuerName>
        <issuerPrincipalAddress>
          <com:street1>2 Yitzhak Modai Street</com:street1>
          <com:city>Rehovot</com:city>
          <com:stateOrCountry>L3</com:stateOrCountry>
          <com:zipCode>7608804</com:zipCode>
        </issuerPrincipalAddress>
        <commentText>This Amendment No. 2 to Schedule 13D (this "Schedule 13D/A"), which amends and supplements the Schedule 13D initially filed with the Securities and Exchange Commission (the "SEC") on May 12, 2022 by the Reporting Person, as amended by Amendment No. 1 to Schedule 13D, filed with the SEC on May 2, 2023 (the "Schedule 13D"), is being filed to reflect Joseph Gottlieb's (the "Reporting Person") purchase of additional ordinary shares, no par value per share (the "Ordinary Shares"), of Maris-Tech Ltd., an Israeli company (the "Issuer"), as more fully described in Item 3 below.

This Schedule 13D relates to the Ordinary Shares of the Issuer.</commentText>
      </item1>
      <item2>
        <filingPersonName>Reporting Person is an Israeli citizen.</filingPersonName>
        <principalBusinessAddress>The Reporting Person's business address is 2 Yitzhak Modai Street, Rehovot, 7608804, Israel.</principalBusinessAddress>
        <principalJob>Chief Executive Officer of Colint Ltd., 1 HaMada Street, Rehovot, Israel and Innovative Industries Inc.,80-02 Kew Gardens Rd, suite 5002, Kew Gardens, New York, 11415.</principalJob>
        <hasBeenConvicted>During the last five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), and he has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction such that, as a result of such proceeding, he is or has been subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.</hasBeenConvicted>
        <convictionDescription>During the last five years, the Reporting Person has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors), and he has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction such that, as a result of such proceeding, he is or has been subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.</convictionDescription>
        <citizenship>Reporting Person is an Israeli citizen.</citizenship>
      </item2>
      <item3>
        <fundsSource>"Item 3. Source and Amount of Funds or Other Consideration" of the Schedule 13D is hereby amended to add the following:

On March 4, 2024, the Issuer granted to the Reporting Person options to purchase up to 7,500 Ordinary Shares, in consideration for his services as a director of the Issuer, under the Issuer's 2021 Share Option Plan.

On December 31, 2024, the Reporting Person purchased 18,500 Ordinary Shares in an open market transaction with his personal funds.

On March 4, 2024, the Issuer issued the Reporting Person options to purchase up to 7,500 Ordinary Shares, at an exercise price of $1.06 per share. 50% of such options will vest 24 months after January 15, 2024 and the remaining 50% will vest in equal amounts quarterly thereafter. The options will expire five years from March 4, 2024.</fundsSource>
      </item3>
      <item4>
        <transactionPurpose>"Item 4. Purpose of Transaction." of the Schedule 13D is hereby amended to add the following:

On March 4, 2024, the Issuer issued the Reporting Person options to purchase up to 7,500 Ordinary Shares, at an exercise price of $1.06 per share. 50% of such options will vest 24 months after January 15, 2024 and the remaining 50% will vest in equal amounts quarterly thereafter. The options will expire five years from March 4, 2024.</transactionPurpose>
      </item4>
      <item5>
        <percentageOfClassSecurities>"Item 5. Interest in Securities of the Issuer" of the Schedule 13D is hereby amended and restated as follows:

The information provided herein is based upon 7,878,501 Ordinary Shares outstanding as of June 30, 2024, as reported in the Issuer's Unaudited Interim Financial Statements attached as Exhibit 99.1 to the Issuer's Report of Foreign Private Issuer on Form 6-K filed with the SEC on August 28, 2024.

The Reporting Person beneficially owns 950,025 Ordinary Shares, representing approximately 11.9% of the outstanding Ordinary Shares.</percentageOfClassSecurities>
        <numberOfShares>The Reporting Person holds sole voting and dispositive power over 950,025 Ordinary Shares of the Issuer consisting of (i) 878,625 Ordinary Shares,  and (ii) warrants to purchase up to 71,400 Ordinary Shares exercisable within 60 days of March 13, 2025, and excluding 7,500 Ordinary Shares issuable upon the exercise of options held by the Reporting Person, at an exercise price of $1.06 per share, issued on March 4, 2024. The warrants have a per share exercise price of $5.25, were exercisable immediately upon issuance on February 4, 2022, and will expire on February 1, 2027.</numberOfShares>
        <transactionDesc>The Reporting Persons has not effected any transactions in the Ordinary Shares in the past 60 days, except as set forth in Item 3, which is incorporated by reference herein.</transactionDesc>
        <listOfShareholders>No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities beneficially owned by the Reporting Persons.</listOfShareholders>
        <date5PercentOwnership>Not applicable.</date5PercentOwnership>
      </item5>
      <item6>
        <contractDescription>"Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer." of the Schedule 13D is not being amended by this Schedule 13D/A.</contractDescription>
      </item6>
      <item7>
        <filedExhibits>"Item 7. Material to Be Filed as Exhibits" of the Schedule 13D is hereby amended to add the following:

Exhibit 1 Option Agreement, entered into as of January 15, 2024 by and among Joseph Gottlieb and Maris-Tech Ltd.</filedExhibits>
      </item7>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>Joseph Gottlieb</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Joseph Gottlieb</signature>
          <title>Joseph Gottlieb</title>
          <date>03/13/2025</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ea023411601ex1_maris.htm
<DESCRIPTION>OPTION AGREEMENT, ENTERED INTO AS OF JANUARY 15, 2024 BY AND AMONG JOSEPH GOTTLIEB AND MARIS-TECH LTD
<TEXT>
<html>
<head>
     <title></title>
</head>
<body style="font: 10pt Times New Roman, Times, Serif">

<p style="margin: 0 0pt; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Exhibit 1</b></font></p>

<p style="margin: 0 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>OPTION
AGREEMENT</b></font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">By
this Option Agreement (&ldquo;<b>Option Agreement</b>&rdquo;) dated January 15, 2024, Optionee has been granted the following Options to
purchase shares in Maris-Tech Ltd., Israeli company number 51-413573-0 (&ldquo;<b>Company</b>&rdquo;), pursuant and subject to Company&rsquo;s
2021 Share Option Plan as adopted by the Company on February 23, 2021, and as amended on May 15, 2023 (&ldquo;<b>Plan</b>&rdquo;).</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"></p>

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: top; text-align: left">
  <td style="width: 33%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Name of Optionee</b>:</font></td>
  <td style="width: 40%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
  <td style="width: 27%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Yossi Gottlieb</b></font></td></tr>
<tr style="vertical-align: top; text-align: left">
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>ID:</b></font></td>
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>051934487</b></font></td></tr>
<tr style="vertical-align: top; text-align: left">
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Date of Grant:</b></font></td>
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>04/03/2024</b></font></td></tr>
<tr style="vertical-align: top; text-align: left">
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Expiration Date:</b></font></td>
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><u>03/03/2029</u></b><u> (5 years from Date of</u></font></td></tr>
<tr style="vertical-align: top; text-align: left">
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>Grant, unless terminated earlier in</u></font></td></tr>
<tr style="vertical-align: top; text-align: left">
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><u>accordance with Section 9 of the Plan)</u></font></td></tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Type
of Option</b> (<b><i>check one and cross out others</i></b>):</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="width: 7%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
    <td style="width: 5%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
    <td style="width: 88%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">102(b)(1) Option - Income Route
    with Trustee</font></td></tr>
  <tr style="vertical-align: top">
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">102(b)(2) Option - Capital Gains Route with Trustee</font></td></tr>
  <tr style="vertical-align: top">
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Other 102 Stock Option - Income Route Without Trustee</font></td></tr>
  <tr style="vertical-align: top">
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">V</font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3(i) Stock Option</font></td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <tr style="vertical-align: top">
    <td style="width: 55%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Exercise Price Per Share:</b></font></td>
    <td style="width: 10%; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">USD</font></td>
    <td style="width: 35%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.06</font></td></tr>
  <tr style="vertical-align: top">
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Number of Shares subject to Option</b> (&ldquo;<b>Option
    Shares</b>&rdquo;):</font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">7,500</font></td></tr>
  <tr style="vertical-align: top">
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Total Exercise Price:</b></font></td>
    <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>USD</b></font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>7,950</b></font></td></tr>
  <tr style="vertical-align: top">
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Vesting Commencement Date</b>:</font></td>
    <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
    <td>15/01/2024</td></tr>
  </table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Vesting
Schedule</b>: So long as Optionee continues to provide services to Company during significant part of Optionee&rsquo;s time, its subsidiaries
or affiliates and subject to the terms of the Plan, the Options shall become vested according to the following schedule: 50% on the second
anniversary of the Vesting Commencement Date and additional 6.25% at the end of each quarter of continuous services thereafter, for a
total period of two years.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><u>Grant
of Options:</u></b></font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">By
Optionee&rsquo;s signature below and the signature of Company&rsquo;s authorized representative below, Optionee and Company agree that the
Options are granted under and governed by the terms and conditions of the Plan (and the trust agreement with Trustee, if applicable,
both which document may be reviewed at the offices of Company), which are incorporated hereto and made an integral part of this Option
Agreement and that Company may cancel any or all of the options in case of breach by Optionee of any of the terms of this Option Agreement.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
any contradiction between this Option Agreement and the Plan, the Plan shall govern. However, in the event of a conflict between the
terms and conditions of the Plan or of this Option Agreement and any provision of the Tax Ordinance, rules or the Trust Agreement, the
latter shall govern.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Restricted
Period Per Section 102:</b></font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&nbsp;</b></font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">To
the extent a 102 Option is designated above, Optionee declares and acknowledges: (i) that Optionee fully understands that Section 102
of the Israeli Income Tax Ordinance (&ldquo;<b>Section 102</b>&rdquo;) applies to the Options specified in this Option Agreement and
to Optionee; (ii) that Optionee was explained and understands the provisions of said Section 102, the tax route chosen and the implications
thereof; (iii) that due to the delicacy of related party transactions and to ensure full compliance with Company procedures then in place,
for so long as Optionee is an employee of Company, Optionee will not exercise options or sell shares so exercised without Company&rsquo;s prior
approval; and (iv) this agreement as well as the number of options hereunder or any other detail related to it is strictly confidential
and subject to the confidentiality agreement signed with the Optionee.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">With
respect to Options granted under a trustee route, the terms of this Option Agreement shall also be subject to the terms of the trust
agreement with Trustee, as well as the requirements of the Income Tax Commissioner and this Option Agreement shall also be deemed (i)
approval and acknowledgment by Optionee of the agreement of Company with the Trustee (as may be amended from time to time), (ii) a declaration
that Optionee is familiar with the provisions of Section 102 and the &ldquo;Capital Track&rdquo; (if applicable) and (iii) an undertaking
of Optionee not to sell or transfer the Options or the Shares issued pursuant to the exercise of Options prior to the lapse of the period
in which the Options or such Shares are held in trust, unless Optionee pays all taxes, which may arise in connection with such sale and/or
transfer.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>


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    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Upon
the completion of the Restricted Period Per Section 102 as now in place and as may be amended in the future, Optionee shall be entitled
to receive from the Trustee the Options, or the Shares Options acquired in the exercise thereof, which have vested, subject to the provisions
of the Plan concerning the continued employment of Optionee at the Company or any Parent or Subsidiary of the Company, and subject to
any other provisions set forth herein or in the Plan, and Optionee shall be entitled to exercise the Option and sell the Options or Shares
thereby obtained subject to the other terms and conditions of this Option Agreement and the Plan, including the provisions relating to
the payment of tax set forth below.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Optionee
hereby acknowledges and accepts the proxy granted under the Israeli National Annex of the Plan and that such proxy is irrevocable because
rights of third parties depend upon it. Optionee shall sign any other proxy or document requested to be signed by Company in order to
facilitate such proxy described in the Israeli National Annex.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
case Company undergoes an IPO Optionee agrees to be named in any document related to the IPO or to any publication related to Company
being a public company and agrees that the exercise price is amended, if so required by the relevant securities laws and regulations.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Optionee is aware that: (i) the Company intends to issue additional awards in the future to various entities and individuals, as the
Company in its sole discretion shall determine; and (ii) the Company may increase its share capital by new securities in such amount
as it finds expedient; and the Optionee hereby waives any claim and/or demand it has or may have regarding such issuance or increase.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><u>Tax
Consequences:</u></b></font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Any
and all taxes, fees and other liabilities (as may apply from time to time) in connection with the grant and/or exercise and/or release
of the Options and the sale and/or release of Shares issued upon the exercise of Options and/or from any other event or act (whether
of the Optionee or of the Company or its Subsidiaries or of its Trustee), will be borne solely by the Optionee, and Optionee will be
solely liable for all such taxes, fees and other liabilities.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company and/or the Trustee shall withhold taxes according to the requirements under the Applicable Laws, rules, and regulations, including
withholding taxes at source.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Furthermore,
such Optionee shall agree to indemnify the Company and/or Subsidiary that employs the Optionee and/or the Trustee, and/or the Company&rsquo;s
shareholders and/or directors and/or officers if applicable, and hold them harmless against and from any and all liability for any such
tax or interest or penalty thereon, including without limitation, liabilities relating to the necessity to withhold, or to have withheld,
any such tax from any payment made to the Optionee, provided that they acted in due care. Except as otherwise required by law, the Company
shall not be obligated to honor the exercise of any Option by or on behalf of an Optionee until all tax consequences (if any) arising
from the exercise of such Options are resolved in a manner reasonably acceptable to the Company.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&nbsp;</b></font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><u>Optionee&rsquo;s
Representations:</u></b></font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)
The Optionee hereby agrees that the terms of section 102 of the Tax Ordinance (&ldquo;Section 102&rdquo;) shall apply regarding to the
Options granted.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ii)
The <u>Optionee</u> is obliged not to sell or remove from the Trustee the Options granted to him prior to the end of restricted period
as defined by Section 102.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iii)
The <u>Optionee</u> is aware of the directives set forth in Section 102, and of the tax track that was chosen under Section 102 and its
implications.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"></p>

<!-- Field: Page; Sequence: 2 -->
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    <div style="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(iv)
The <u>Optionee</u> hereby accepts the terms of the Trust Agreement signed between the Company and the Trustee.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(v)
<u>Optionee</u> acknowledges that during the period in which Shares issued to the Trustee on behalf of an <u>Optionee</u> upon exercise
of an Approved 102 Option, are held by the Trustee, if dividends payable in securities are declared on Approved 102 Options held by the
Trustee, such securities shall also be subject to the provisions of Section 102 and the provision of this agreement and shall be held
in trust by the Trustee. Notwithstanding anything to the contrary, in case that an <u>Optionee</u> of Approved 102 Options is entitled
to receive dividend in cash, the proceeds of such dividend may be wired to the <u>Optionee</u>, after deduction of all applicable taxes.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(vi)
The Optionee further represents, it is familiar with the Company&rsquo;s business and financial condition, and has acquired sufficient
information regarding the Company in order to reach an informed and knowledgeable decision to participate in the Plan and to be allocated
with the Options.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><u>Governing
Law; Severability:</u></b></font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
Option Agreement shall be governed by, and interpreted in accordance with, the laws of the state of Israel, notwithstanding the conflicts
of laws principles of any jurisdiction.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&nbsp;</b></font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><u>Entire
Agreement</u>:</b></font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Plan and Option Agreement are incorporated herein by reference. The Plan, the Trust Agreement and this Option Agreement constitute the
entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings and
agreements of the Company and Optionee with respect to the subject matter hereof, and may not be modified adversely to Optionee&rsquo;s interest
except by means of a writing signed by the Company and Optionee,</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>&nbsp;</b></font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><u>Confidentiality</u>:</b></font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Optionee agrees and acknowledges that the terms and conditions of this Option Agreement, including without limitation the number of Shares
for which Options have been granted, are confidential. The Optionee agrees that he will not disclose these terms and conditions to any
third party, except to the Optionee&rsquo;s financial or legal advisors, tax advisors or family members, unless such disclosure is required
by law.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><u>No
Guarantee of Continued Service:</u></b></font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">OPTIONEE
ACKNOWLEDGES AND AGREES THAT THE VESTING OF OPTIONS PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS AN EMPLOYEE
OR A SERVICE PROVIDER AT THE WILL OF THE COMPANY (NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THIS OPTION OR ACQUIRING SHARES HEREUNDER).
OPTIONEE FURTHER ACKNOWLEDGES AND AGREES THAT THIS OPTION AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE
SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED EMPLOYMENT OR SERVICES AND SHALL NOT INTERFERE IN ANY WAY
WITH OPTIONEE&rsquo;S RIGHT OR THE COMPANY&rsquo;S RIGHT TO TERMINATE OPTIONEE&rsquo;S EMPLOYMENT AT ANY TIME, WITH OR WITHOUT CAUSE.</font></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">By
affixing his signature hereunder, Optionee acknowledges receipt of a copy of the Plan and the Trust Agreement and represents that he
or she is familiar with the terms and provisions thereof, and hereby accepts this Option subject to all of the terms and provisions thereof.
Optionee has reviewed the Plan, the Trust Agreement and this Option in their entirety, has had an opportunity to obtain the advice of
counsel prior to executing this Option Agreement and fully understands all provisions of the Option Agreement. Optionee hereby agrees
to accept as binding, conclusive and final all decisions or interpretations of the Board upon any questions arising under the Plan or
this Option Agreement. Optionee represents and confirms that the Tax Ordinance and rules, as shall be in effect from time to time, as
well as the Trust Agreement, are binding upon him or her and that he or she shall comply with them. Optionee further agrees to notify
the Company upon any change in the residence address indicated below.</font></p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: center"></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: left"></p>

<p style="margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="margin: 0pt"></p>

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<tr style="vertical-align: top; text-align: left">
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Optionee</b>:</font></td>
  <td style="border-bottom: Black 1.5pt solid">/s/ Joseph Got</td>
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
  <td colspan="2"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Maris-Tech Ltd.</b></font></td></tr>
<tr style="vertical-align: top; text-align: left">
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
  <td>Joseph Got</td>
  <td><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
  <td colspan="2"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td></tr>
<tr style="vertical-align: top; text-align: left">
  <td style="width: 9%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
  <td style="width: 36%">&nbsp;</td>
  <td style="width: 15%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></td>
  <td style="width: 4%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</font></td>
  <td style="border-bottom: Black 1.5pt solid; width: 36%"><img src="ex99-1_001.jpg" alt=""></td></tr>
</table>

<p style="margin: 0pt"></p>

<p style="margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

<p style="margin: 0pt"></p>

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<p style="margin: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</font></p>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
