**Exhibit      1.5**

**AMENDMENTS      TO THE COMPANY’S ARTICLES OF ASSOCIATION **

**Adopted      June 12, 2008 **

|   | 31.1. | The                Company shall not indemnify an Office Holder except in accordance                with the                following provisions of this                section. |
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|   | 31.2. | The                Company may indemnify an Office Holder, in advance and retroactively,                to                the fullest extent permitted under the                Statutes. |
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|   | 31.3. | Without                derogating the aforesaid under this Article 31.2 hereinabove, the                Company                may undertake to indemnify an Office Holder as                follows: |
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|  | 31.3.1. | The                Company may undertake to indemnify an Office Holder for future obligation                or expense imposed on him/her in consequence of an act done in his/her                capacity as an Office Holder therein or as a result of being an Office                Holder, in another company in which the Company holds shares or has                interests, as specified in this Section                below: |
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|  | 31.3.1.1. | a                monetary obligation imposed on him/her or incurred by him/her in                favor of                another person pursuant to a judgment, including a judgment given                in                settlement or a court approved settlement or arbitrator's                award; |
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|  | 31.3.1.2. | reasonable                legal fees, including attorney’s fees, incurred by an Office Holder in                consequence of an investigation or proceeding filed against him/her                by an                authority that is authorized to conduct such investigation or proceeding,                and that resulted without filing an indictment against him/her and                without                imposing on him/her financial obligation in lieu of a criminal proceeding,                or that resulted without filing an indictment against him/her but                with                imposing on him/her a financial obligation as an alternative to a                criminal                proceeding in respect of an offense that does not require the proof                of                criminal intent. For the purposes of these Articles: |
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|  |   | "A                proceeding that ended without an indictment in a matter in respect                of a                which an investigation was conducts", means –                closing the                case pursuant to Section 62 of the Criminal Procedure Act [Combined                Version] 5742 - 1982 (the “**Criminal                Procedure Act**”)                or a stay of proceedings by the Administrator General pursuant to                Section                231 of the Criminal Procedure Act; |
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|  |   | “Financial                obligation in lieu of a criminal proceeding”, means –                a financial                obligation imposed by law as an alternative to a criminal proceeding,                including an administrative fine pursuant to the Administrative Offenses                Act 5746 –                1985, a                fine with respect to an offense which was defined as a “finable offense”                under the Criminal Procedure Act, a fine or a forfeit. |
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|  | 31.3.1.3. | reasonable                litigation costs, including attorney’s fees, incurred by an Office Holder                or which he/she is ordered to pay by a court, in proceedings filed                against                him/her by the Company or on its behalf or by another person, or                in a                criminal charge of which he is acquitted, or in a criminal charge                of which                he is convicted of an offence that does not require proof of criminal                intent. |
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|  | 31.3.2. | Such                undertaking to indemnify for future events as set forth in Article                31.3.1.1 must be limited to events which in the Board's opinion are                foreseeable at the time of giving the indemnity undertaking in view                of the                Company’s business, and in such amount or standard as the Board deems                reasonable under the circumstances. |
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|   | Such                undertaking must specify the events that in the Boards' opinion are                foreseeable in view of the Company’s actual business at the time of the                undertaking and the amount or the standards that the Board deemed                reasonable at the time. |
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|   | The                aggregate amount of indemnification (in addition to any insurance                proceeds                received) payable pursuant to all such undertakings shall not                exceed 25% of the shareholders’ equity of the Company, as set forth                in the Company’s most recent consolidated financial statements prior to                the applicable payment of                indemnification. |
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|  | 31.3.3. | Without                prejudice to the aforesaid provisions, the Company may retroactively                indemnify an Office Holder for events specified in Article 31.3.1                above,                beyond the limits set forth in Article 31.3.2                above." |
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