FORM OF RESTRICTED STOCK UNIT AGREEMENT FOR TIME-BASED RSUsRestricted Stock Unit Agreement • August 6th, 2020 • Ormat Technologies, Inc. • Electric services
Total No. of Restricted Stock Units: x,xxx Vesting Schedule 50% will vest on second anniversary of grant date 25% will vest on third anniversary of grant date 25% will vest on fourth anniversary of grant date Type: Capital Gain Award
FORM OF FREESTANDING STOCK APPRECIATION RIGHT AGREEMENTFreestanding Stock Appreciation Right Agreement • August 6th, 2020 • 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”).
SECOND ADDENDUM TO LOAN AGREEMENT DATED MARCH 22, 2018 FOR ORMAT TECHNOLOGIES, INC. AS BORROWER WITH MIGDAL INSURANCE COMPANY, LTD., MIGDAL MAKEFET PENSION AND PROVIDENT FUNDS LTD. AND YOZMA PENSION FUND OF SELF EMPLOYED LTD.Loan Agreement • August 6th, 2020 • Ormat Technologies, Inc. • Electric services
This SECOND ADDENDUM TO THE LOAN AGREEMENT DATED MARCH 22, 2018 FOR ORMAT TECHNOLOGIES, INC. AS BORROWER WITH MIGDAL INSURANCE COMPANY, LTD., MIGDAL MAKEFET PENSION AND PROVIDENT FUNDS LTD. AND YOZMA PENSION FUND OF SELF EMPLOYED LTD. (this “Second Addendum”) is made and entered on April 13, 2020, by and between Ormat Technologies, Inc. ("Borrower”) and Migdal Insurance Company, Ltd., Migdal Makefet Pension and Provident Funds Ltd. ("Lenders"). Each of the Borrower and Lenders may be referred to individually as a “Party” and together as the “Parties”.
