InspireMD, Inc. announced resignation of Marvin Slosman as sole discretion. In the event Mr. Slosman voluntarily resigns without good reason, the company may, in its sole discretion, shorten the notice period and determine the date of termination without any obligation to pay Mr. Slosman any additional compensation other than the accrued obligations and without triggering a termination of Mr. Slosman’s employment without cause. In the event the Slosman Employment Agreement expires, or the company terminate Mr. Slosman’s employment for cause or Mr. Slosman voluntarily resigns without good reason, the company shall have no further liability or obligation to Mr. Slosman under the Slosman Employment Agreement.