FORM OF FREESTANDING STOCK APPRECIATION RIGHT AGREEMENTAppreciation Right Agreement • May 9th, 2018 • 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 2018 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”).
FORM OF RESTRICTED STOCK UNIT AGREEMENT FOR TIME-BASED RSUsRestricted Stock Unit Agreement • May 9th, 2018 • Ormat Technologies, Inc. • Electric services
Total No. of Restricted Stock Units: Vesting Schedule 8,715 RSUs will vest on November 7, 2018 8,715 RSUs will vest on November 7, 2019 date RSUs will vest on third anniversary of grant date RSUs will vest on fourth anniversary of grant date Type: Capital Gain Award
