Manara PSP Lease and Development Agreements English summary of the Hebrew version1

Exhibit 4.19

Manara PSP 
Lease and Development Agreements
 
English
              summary of the Hebrew version1

The Manara PSP is being constructed on the land of three Cooperatives and another section is leased directly from the Israeli Land
          Authority (the “XXX”), as detailed below:

Kibbutz Sasa Lease Agreement
 
            1. Execution date

            February 10, 2021

            2. Parties

            Kibbutz Sasa  – an Agricultural Cooperative Ltd. and Ellomay Pumped Storage (2014) Ltd. (“Ellomay PS”).

            3. Location of the Land

            Block 13488 parcel 4 (partial) and 24 (partial), block 13158 parcel 24 (partial), block 13158 parcel 21 (partial) and block
                14028 parcel 7 (partial)
 
All in accordance with development agreements signed between Kibbutz Sasa and the XXX in XXX file no. 21485775A and 21487375A,
                dated December 25, 2020.

            4. Commencement Date

            February 10, 2021

            5. Duration

            Twenty-four (24) years and eleven (11) months commencing on the execution date.

            6. Consideration
 
            One-time payment of NIS 11,469,063 + VAT.
 
Ellomay PS also paid the full consideration to the XXX for its entering into the development agreements and authorization
                agreement with Kibbutz Sasa.

            7. Additional organization areas

            In addition to the above-mentioned land, Kibbuts Sasa will provide additional organization areas to Ellomay PS for the
                construction period in accordance with an authorization agreement between Kibbutz Sasa and the XXX. Ellomay PS is not under any obligation to pay rent for these organization areas, but undertook to compensate Kibbutz Sasa  for loss of
                profits from trees that were removed by Ellomay PS in these areas, from the date in which said trees were removed up to the end of 6 years after the replanting of said trees, which is also under the responsibility of Ellomay PS.

Kibbutz Manara Lease Agreement
 
            1. Execution date

            February 10, 2021

            2. Parties

            Kibbutz Manara  – an Agricultural Cooperative and Ellomay PS.

            3. Location of the Land

            Block 13525 parcel 78 (partial), block 14002 parcel 8 (partial), 9 (partial) and 10 (partial).
 
All in accordance with a development agreement signed between Kibbutz Manara and the XXX in XXX file no. 21485700A dated
                December 24, 2020.

            4. Commencement Date

            February 10, 2021

            5. Duration

            Twenty-four (24) years and eleven (11) months commencing on the execution date.

            6. Consideration
 
            One-time payment of NIS 11,742,978 + VAT.
 
Ellomay PS also paid the full consideration to the XXX for its entering into the development agreement and authorization
                agreement with Kibbutz Manara.

            7. Additional organization areas

            In addition to the above-mentioned land Kibbutz Manara will provide Ellomay PS additional organization areas for the
                construction period   in accordance with an authorization agreement between Kibbutz Sasa and the XXX. Ellomay PS is not under any obligation to pay rent for these organization areas.

Mifaley Ha’maim Lease Agreement
 
            1. Execution date

            February 10, 2021

            2. Parties

            Mifaley Ha’maim Central Agricultural Cooperative Ltd. and Ellomay PS.

            3. Location of the Land

            Block 13488  parcel 24 (partial), and 31 (partial).
 
All in accordance with a development agreement signed between Mifaley Ha’maim and the XXX in XXX file no. 21487433A dated
                December 20, 2020.

            4. Commencement Date

            February 10, 2021

            5. Duration

            Twenty-four (24) years and eleven (11) months commencing on the execution date.

            6. Consideration
 
            One-time payment of 5,325,000 NIS + VAT and an annual rent payment in the amount of six hundred and sixty thousand (660,000)
                NIS + VAT, which will be paid on a quarterly basis (the “Quarterly Rent”) . The Quarterly Rent will increase by 2% every 3 years (after
                36 months as of the execution date) and is linked to the Israeli consumer price index.
 
Ellomay PS has also paid the full consideration to the XXX for its entering into the development agreement with Mifaley
                H'maim.

Ellomay PS Development Agreement
 
            1. Execution date

            December 25, 2020

            2. Parties

            The XXX and Ellomay PS.

            3. Location of the Land

            Block 13158  parcel 23 (partial), block 13488 parcel 24 (partial), block 13525 parcel 78 (partial), block 14002 parcel 8
                (partial), 15 (partial) and 22 (partial), block14025 parcel 8 (partial), block 14028 parcel 7 (partial).
 
All in accordance with a development agreement signed between Ellomay PS and the XXX in XXX file no. 21487367A dated December
                25, 2020.

            6. Consideration

            NIS2,790,812  paid to the XXX.

Document Metadata

Table of Contents

Manara PSP Lease and Development Agreements English summary of the Hebrew version1

Document Metadata

1. Execution date	February 10, 2021
2. Parties	Kibbutz Sasa – an Agricultural Cooperative Ltd. and Ellomay Pumped Storage (2014) Ltd. (“Ellomay PS”).
3. Location of the Land	Block 13488 parcel 4 (partial) and 24 (partial), block 13158 parcel 24 (partial), block 13158 parcel 21 (partial) and block 14028 parcel 7 (partial) All in accordance with development agreements signed between Kibbutz Sasa and the XXX in XXX file no. 21485775A and 21487375A, dated December 25, 2020.
4. Commencement Date	February 10, 2021
5. Duration	Twenty-four (24) years and eleven (11) months commencing on the execution date.
6. Consideration	One-time payment of NIS 11,469,063 + VAT. Ellomay PS also paid the full consideration to the XXX for its entering into the development agreements and authorization agreement with Kibbutz Sasa.
7. Additional organization areas	In addition to the above-mentioned land, Kibbuts Sasa will provide additional organization areas to Ellomay PS for the construction period in accordance with an authorization agreement between Kibbutz Sasa and the XXX. Ellomay PS is not under any obligation to pay rent for these organization areas, but undertook to compensate Kibbutz Sasa for loss of profits from trees that were removed by Ellomay PS in these areas, from the date in which said trees were removed up to the end of 6 years after the replanting of said trees, which is also under the responsibility of Ellomay PS.

1. Execution date	December 25, 2020
2. Parties	The XXX and Ellomay PS.
3. Location of the Land	Block 13158 parcel 23 (partial), block 13488 parcel 24 (partial), block 13525 parcel 78 (partial), block 14002 parcel 8 (partial), 15 (partial) and 22 (partial), block14025 parcel 8 (partial), block 14028 parcel 7 (partial). All in accordance with a development agreement signed between Ellomay PS and the XXX in XXX file no. 21487367A dated December 25, 2020.
6. Consideration	NIS2,790,812 paid to the XXX.