X0303 4 2009-06-29 0 0001137883 BRAINSTORM CELL THERAPEUTICS INC BCLI 0001415654 Efrati Abraham C/O BRAINSTORM CELL THERAPEUTICS INC. 110 EAST 59TH STREET NEW YORK NY 10022 0 1 0 0 Chief Executive Officer Stock Option (right to buy) 0.067 2009-06-29 4 A 0 1000000 0 A 2010-06-29 2019-06-29 Common Stock 1000000 1000000 D Option vests and becomes exercisable as to 33.3% of the shares subject to the option on each anniversary of the grant date until fully vested and exercisable on the third anniversary of the grant date, provided the reporting person is employed by or providing services to the company on the vesting date. /s/ Abraham Efrati 2009-07-02