Exhibit 10.8

Summary of Directors Ongoing Compensation

As of June 30, 2011 our non-executive officer directors receive cash compensation as follows:

· Annual compensation of $12,500;

· Meeting participation fee of $935 per in-person meeting; and

· For meeting participation by telephone, $435 per meeting.

If the compensation is paid in New Israeli Shekels (“NIS”), the exchange rate of the directors’ fees used to calculate the fees will be not less then $4.25 per NIS.

The directors are also entitled to two and a half percent (2.5%) from amounts received by us from non diluting funding and strategic deals.