Amendment No. 1 to Executive Employment Agreement between Ormat Nevada Inc. and Yehezkel Ram

Contract Categories: Human Resources › Employment Agreements
Summary

This amendment extends the term of the executive employment agreement between Ormat Nevada Inc. and Yehezkel Ram. The expiration date of the original agreement is changed from December 31, 2004, to December 31, 2007. All other terms and conditions of the original employment agreement remain unchanged. The amendment is effective as of October 12, 2004, and is signed by both parties.

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EX-10.10.2 25 file017.htm AMENDMENT TO EXECUTIVE EMPLOYMENT AGREEMENT 
  Exhibit 10.10.2 AMENDMENT NUMBER 1 to Employment Agreement dated as of January 1, 2004 between ORMAT NEVADA INC and YEHEZKEL RAM (the EMPLOYMENT AGREEMENT) entered this 12 day of October 2004 The Employment Agreement is hereby amended as follows: Section 3 of the Employment Agreement is hereby amended by changing the expiration date from December 31, 2004 to December 31, 2007. All other terms of the Employment Agreement remain unchanged. IN WITNESS WHEREOF, the parties have executed and entered into this Employment Agreement on the date set forth above EMPLOYEE /s/ Hezy Ram ------------------------ EMPLOYER By: /s/ L.Y. Bronicki --------------------- Its: Chairman --------------------