0001437749-23-013414 Sample Contracts

PORTIONS OF INFORMATION CONTAINED IN THIS AGREEMENT HAS BEEN EXCLUDED FROM THIS AGREEMENT BECAUSE IT IS BOTH NOT MATERIAL AND IS THE TYPE THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL.
Stock Unit Award Agreement • May 10th, 2023 • Ormat Technologies, Inc. • Electric services • Delaware

Notice: The Participant has been granted the following Performance Stock Units (“PSUs”) in accordance with the terms of this notice (the “Grant Notice”), the Performance Stock Unit Award Agreement attached hereto as Attachment A (the “PSU Award Agreement”), and the Plan identified below (all collectively referred to herein as the “Agreement).

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AMENDMENT TO PERSONAL EMPLOYMENT AGREEMENT
Personal Employment Agreement • May 10th, 2023 • Ormat Technologies, Inc. • Electric services

THIS AMENDMENT is entered into as of this March 31, 2023 (the ""Effective Date") by and between Ormat Systems Ltd., registration number 511597239, a company incorporated in the State of Israel, having its offices at the Industrial Area in Yavne, Israel (the "Company") and Shlomi Argas, I.D. number 059175026, residing at Givat Yeshayau (the "Employee").

FORM OF RESTRICTED STOCK UNIT AGREEMENT FOR TIME-BASED RSUs
Ormat Technologies, Inc. • May 10th, 2023 • Electric services • Delaware

This agreement and the documents that accompany 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).

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