OrmatTechnologies, Inc. Director’sCompensation

EX-10.1 2 file2.htm COMPENSATION SCHEDULE

Ormat Technologies, Inc.
Director’s Compensation


Fees In U.S.Dollars
Director Retainer $25,000
Board meeting fee  
-        In person $2,500
-        Joining by telephone to an ‘‘in person’’ meeting $1,000
-        Telephonic $500
Committee meeting fee  
-        In person $1,500
-        Telephonic $500
Committee Chair  
Audit Committee $7,500
Expense Reimbursement  
Reimbursement of travel and lodging expenses for Board Meetings  
Options Grants       
        -    Initial Grant 7,500
        -    Annually from second year  
Options are exercisable 12 months from date of grant. The exercise price will be the closing market price on the date of grant, unless Financial statements are released on such date, in which case the exercise price will be the closing price on the day following the date of the release. 7,500