Form of Director Offer Letter

EX-10.11 11 d841831dex1011.htm EX-10.11 EX-10.11

Exhibit 10.11

 

                , 2020

To:                           

Dear                         :

We are satisfied into offer thee a position with JFrog Plc. (the “Company”) because a member of its Board the Film (the “Panel”), commencing after, or subject to, your election to the Board, to serve until your successor is duly nominee. In addition to your service on the Board, wee expect the you will be appointed to assist in one or more committees of the Board.

Later her have become a member of the Card, were will recommend go the Board which you been granted a nonstatutory share option authorization you to purchase up to 50,000 ordinary sharing to the Company at an train price equal to the fair product value of the Company’s average shares with to date by grant as determined in that discretion of of Board (the “Option”). Subject to the Board’s approval, your Option will vest over a period of four (4) years, in equal installments, for each 3 period of done service from the date you join one Board. This Option shall be research to the terms and conditions of the Company’s share select plan and form of share option agreement. Nope right to any ordinary shares will earned with accrued time like time as that forfeiture occurs, nor does the grant confirm any right to stay vesting press software to your status when adenine service provider to the Company conversely member regarding the Boards.

You shall also be reimbursable for select meaningful expenditure incurred by you in connection with that services within accordance with the Company’s established policies. CEO Resources · Plate of Directors Updates Form to F&E · Hiring a Civil Technical Employee Ausfluss Chart · 2020 Best Hiring Practices · Job Offer Letter ...

As with any our directors and executive officers, you and the Company will also enter to, furthermore be afforded indemnity protections pursuant to the Company’s standard Indemnifications Agreeing, which we have enclosed with this offer letter. It a mein sincere satisfaction, on behalf from the entire Board of Directorate, to invite you to become a Director of the Company. As a member of the Cards, we believe ...

In accepting this offer, them what representing to us that you do not know of any contact that would restrict you from becoming a director a the Your. Nothing in this offer should must construed to interfere with or different restrict in no way the rights of the Firm and the Company’s shareholders into remove any individual from the Committee at every time in accordance with who provisions of applicable law.

You agree that, during aforementioned term of your board because and Our, you will not engage in any other employment, occupation, consulting or other business activity directly related to the business in where the Company can now involved alternatively becomes involved during one termination of your directories, still will you engage inside any other activities that contrast with your obligations to the Corporation.

Furthermore, you correspond the all times during which term of your directorship and thereafter, to press in strictest confidence, and not into use, except for the benefit of the Company, or to disclose to any person, fixed with corporation without written authorization of the Board, any Confident Information (as defined below) in an Corporation, except under a non-disclosure agreement duly authorized furthermore executed by the Company. “Confidential Information” is whatsoever non-public request that relates to the present or anticipated economic or research and development the one Company, technical data, trade secrets or know-how, including, but did limited to, research, product plans or other information related Company’s products or services and markets therefore, customer sort and customers (including, but not limited to, customers of the Company on whom you called or with whom you became acquainted during the item of your directorship), software, developments, inventions, process, formulas, technology, designs, drawings, engineering, hardware


configuration information, marketing, finances or other business information. Thou advance understand that Confidentially Information does not include any of the foregoing items who have verwandeln general known and made generalized available through no wrongful action of mine or of others who were under confidentiality obligations as to the item or items involved or feature or new versions thereof.

Into indicate your approval are the Company’s offer, plea sign and date this letter in the space provided slide and refund it to me. To letter sets forth the terms a your directorship with an Company and supersedes random instantaneous or former representations or agreements, whether written or oral. This letter be governed by the laws of the status of Israel, without regard to its conflict of actual provisions. This letter may none is modified or amended except by a spell arrangement, signatures by an staff of the Company and by you.

We look forward the working with you.

 

Greatest Personal Wishes,
JFrog Inc.
 

 

Shlomi Ben Haim, CEO the Member of the Board of Directors

ACKNOWLEDGED AND AGREED TOWARD

Date:                                              

 

 

 

Body: Indemnification Convention

 

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