0001437749-14-003113 Sample Contracts

FORM OF FREESTANDING STOCK APPRECIATION RIGHT AGREEMENT
Appreciation Right Agreement • February 28th, 2014 • Ormat Technologies, Inc. • Electric services

We are pleased to inform you that, as an eligible employee of Ormat Technologies, Inc. (herein called the “Company”) or one of its subsidiaries, you have been granted a stock appreciation right (herein called a “right”) under the Company’s 2012 Incentive Compensation Plan (as amended and restated) and the Freestanding Stock Appreciation Right Terms and Conditions (herein called the “Plan” and the “Terms and Conditions”).

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EMPLOYMENT AGREEMENT
Employment Agreement • February 28th, 2014 • Ormat Technologies, Inc. • Electric services

THIS EMPLOYMENT AGREEMENT (the "Agreement") is entered into as of the 6 day of January 2013 (the "Effective Date"), by and between Ormat Systems Ltd., an Israeli limited liability company with offices at Shydlowski Road Yavne, Israel (the "Company"), and Doron Blachar, ID Number 22932990, residing at 48 Menachem Begin street, Kiryat Ono, Israel (the "Employee").

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