Odysight.ai Raises CEO Yehu Ofer's Salary and Approves New Bonus Plan

Reuters
2025/12/05
Odysight.ai Raises CEO Yehu Ofer's Salary and Approves New Bonus Plan

Odysight.ai Inc. has amended the employment agreement of its Chief Executive Officer, Yehu Ofer. Effective November 2025, Mr. Ofer's gross monthly base salary increases to NIS 99,000, up by NIS 9,000. Starting in 2026, he will be eligible for an annual bonus of up to five monthly salaries based on performance targets, as well as a discretionary bonus of USD 200,000 for exceptional accomplishments. The company will also recommend an annual grant of options to purchase at least 50,000 shares of common stock, subject to performance criteria. If Mr. Ofer's employment is terminated by the company (except under certain conditions) or he resigns for Good Reason, he will receive an adjustment period payment equal to six monthly salaries, which increases to nine monthly salaries if company targets for 2026 are met. Other terms of his original agreement remain unchanged.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Odysight.ai Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-026191), on December 04, 2025, and is solely responsible for the information contained therein.

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