FORM OF FREESTANDING STOCK APPRECIATION RIGHT AGREEMENTFreestanding Stock Appreciation Right Agreement • March 1st, 2019 • Ormat Technologies, Inc. • Electric services
We are pleased to inform you that, as a director 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 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 RSUsOrmat Technologies, Inc. • March 1st, 2019 • Electric services
This agreement and the documents that accompany to it constitute the entire agreement between you and the Company with respect to the RSUs granted hereunder and supersede in their entirety all prior undertakings and agreements of the Company and yourself, both written and oral, with respect to the RSUs granted hereunder (including the shares underlying it).
