1. | Name of Company: | Elbit Systems Ltd. |
2. | Objectives of Company: | To engage in any objective permitted by law. |
3. | Limitation of Shareholder Liability: | Shareholder liability is limited to payment of the nominal (par) value of unpaid issued share capital. |
4. | Share Capital: | The share capital of the Company is 80,000,000 New Israeli Shekels (“NIS”), divided into 80,000,000 ordinary shares par value 1 NIS per share, which shares are equal in rights. |
5. | Amendments to the Memorandum of Association: | The shareholders, at a General Meeting, may amend this Memorandum of Association, in whole or in part, by a vote of a majority of sixty-seven percent (67%) of the shares voted at the General Meeting, not taking into account abstentions. |