Document:

EXHIBIT 10.9

                              EMPLOYMENT AGREEMENT
                    Entered into this __ day of _____ , 2004

               This Employment Agreement (together with its appendices: the
"AGREEMENT"), dated as of July 1, 2004, between ORMAT Technologies, Inc., a
Delaware corporation ("EMPLOYER"), and Yoram Bronicki ("EMPLOYEE");

                              W I T N E S S E T H :
                              - - - - - - - - - - -

               WHEREAS, Employee has been employed by Ormat Industries Ltd.
("OIL"), Employer's parent company, and OPTI Canada Inc., in different
managerial positions; and

               WHEREAS, Employer wishes to retain the services of Employee for
the operation of its businesses and to employ Employee upon the terms and
conditions set forth herein; and

               WHEREAS, Employee is willing to be employed by Employer upon the
terms and conditions set forth herein;

                               A G R E E M E N T S

               NOW, THEREFORE, for and in consideration of the foregoing
premises and for other good and valuable consideration, the sufficiency and
receipt of which are hereby acknowledged, Employer and Employee hereby agree as
follows:

1.     EMPLOYMENT. Employer will employ Employee, and Employee will accept
       employment by Employer, as its Chief Operating Officer ("COO")
       responsible for the Employer's operations in the United States. Employer
       may direct Employee to perform services through its subsidiary, Ormat
       Systems Ltd. ("OSL"), in which event Employee shall also serve as the COO
       of OSL or such other managerial position in OSL as may be agreed upon.
       Employee will perform the duties assigned to him from time to time by the
       Employer for services for the Employer and any corporation controlling,
       controlled by, or under common control with the Employer (together:
       "AFFILIATES") and for any business ventures in which Employer or its
       Affiliates may participate. The term "CONTROL" shall mean the ability to
       dictate the policies of another corporation, whether by share ownership,
       contract or otherwise.

       Employee's regular place of employment is the Employer's corporate
       offices in Nevada but it is agreed that Employee is required to perform
       frequent business trips in and out of the United States. Should Employee
       permanently relocate to a different jurisdiction, including to Israel,
       whether he be employed by Employer or by an Affiliate thereof (in which
       event this Agreement shall be assigned to such Affiliate), this Agreement
       shall automatically be modified, as further appropriate to reflect the
       jurisdiction in which Employee is to be employed and as customary in
       employment agreements which are subject to the same applicable law of
       executive officers employed by Employer or the Affiliate.

       Employee commenced employment with an Affiliate of Employer, in Israel,
       on [_____________]. Should Employee permanently relocate to Israel,
       whether he be employed by Employer or by an Affiliate thereof, Employee's
       seniority will be deemed to include his prior period of employment in
       Israel with OIL, for all intents and purposes, including for rights
       depending on seniority. For the removal of doubt, his seniority shall not
       include his periods of permanent employment outside of Israel.

       As a managerial employee, Employee is expected to render work in
       accordance with the requirements and demands of his executive position
       and will not be entitled to any pay for working overtime (including
       working beyond eight (8) hours a day, or during weekends, holidays,
       etc.). Nor will any law restricting hours of work and requiring payment
       for working overtime apply to Employee.

       Employee will be required to follow (a) all work and administrative rules
       (including procedures for travel expenses reimbursement) of Employer as
       in current use and as may be amended from time to time; and (b) all
       national or local law, ordinance or regulation of the country in which
       Employee's work is performed.

2.     ATTENTION AND EFFORT. Employee will devote his full time, ability,
       attention and effort to the business of Employer and its Affiliates, and
       will skillfully serve their interests during the term of this Agreement.
       It is hereby agreed that the Employee may devote part of his time to
       other occupations including (i) civic, charitable and other philanthropic
       activities (ii) caring for his personal investments (iii) serving on the
       board of directors of corporations in which Employer or any of its
       Affiliates is invested and (iv) such other occupations as are expressly
       approved by the Employer.

3.     TERM. The employment of the Employee hereunder shall be for a period
       commencing on the date hereof and ending June 30, 2006 (the "INITIAL
       TERM"), unless terminated sooner pursuant to the provisions of this
       Agreement. Should the employment of the Employee continue with the
       Employer until June 30, 2006 without the execution of a new or modified
       employment agreement, this Agreement and all its terms and conditions
       shall be automatically extended for additional successive two year terms
       (each additional two years period being referred to herein as an
       "EXTENDED TERM") unless (i) at least 120 days prior to the termination of
       the Initial Term or an Extended Term, a party hereof provides the other
       party a written notice of that party's refusal to extend this Agreement
       beyond the date of termination of the Initial Term or the Extended Term
       during which the notice is given, in which case this Agreement will
       terminate on such termination date or (ii) Employee is offered and
       accepts employment with an Affiliate of Employer, in which event
       Employee's employment with Employer shall terminate 90 days after the
       offer is accepted or on the date agreed by Employee and the Affiliate as
       the date of commencement of his employment with the Affiliate, whichever
       is later, and Employer shall have no further obligation hereunder,
       provided that the terms of such employment shall be governed by, and the
       Affiliate shall assume, this Agreement, which shall be automatically
       modified as set forth in section 1 above.

4.     COMPENSATION. During the Initial Term and any Extended Term of this
       Agreement, the Employer agrees to pay and/or cause OSL to pay to Employee
       (and Employer will

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       guarantee OSL's obligations hereunder), and Employee agrees to accept, in
       exchange for the services rendered hereunder by him, the following
       compensation:

       4.1.   BASE SALARY. Employee's base salary shall be fourteen thousand
              Dollars ($14,000) per month before all customary payroll
              deductions payable in accordance with the Employer's customary
              payroll procedures.

       4.2.   BONUS. Employer will pay Employee, and Employee shall be entitled
              to receive from Employer, an annual bonus equal to 0.75% of the
              lower of (i) the net pre-tax yearly profit of the Employer's
              operating plants in the United States and (ii) the net cash flow
              before taxes and before capital expenditures for enhancement of
              the operating plants generated by the Employer's operating plants
              in the United States during the year, but no more than the sum
              equaling 3 times the annual base salary of Employee. The bonus
              will be paid within 45 days of approval of the Employer's annual
              financial statements by the Employer's Board of Directors.
              Notwithstanding the above, the audit committee and/or the Board of
              Directors of OIL shall have the right, considering OIL's financial
              conditions and/or its financial results to reduce the bonus with
              respect to any particular year or to resolve that no such bonus
              shall be paid with respect to a particular year. This provision
              shall be deemed an agreement for the benefit of a third party
              (OIL), and will expire once OIL audit committee's approval and/or
              OIL board of director's approval is no longer required for
              employment agreements between Employer and Employee.

       4.3.   LONG-TERM INCENTIVES. Employee shall be eligible for awards under
              the Ormat Group's Long-Term Incentive Plans if and as granted to
              Employee, subject to receipt of approvals required by applicable
              law.

       4.4.   NO OTHER PAYMENTS. This Agreement describes all payments,
              compensation and benefits to which Employee is entitled from
              Employer and its subsidiaries, and no other allowances or bonuses
              will be paid except as expressly approved by the Board of
              Directors of Employer, and any other approval required by
              applicable law.

5.     BENEFITS.

       5.1.   VACATION. Employee shall be entitled to a total paid vacation of
              four weeks per year, not cumulative from year to year without
              specific written authorization from Employer, which authorization
              must be made no later than 90 days before the end of the year in
              which the vacation may be taken. Maximum length of a single
              vacation period is two weeks, unless specifically authorized by
              the Employer.

       5.2.   MEDICAL AND HOSPITALIZATION INSURANCE. Employee will be entitled
              to receive Employer's standard medical insurance benefits.

       5.3.   HOLIDAYS. Employee will be entitled to all legal holidays in the
              United States as well as Rosh Hashanah, Yom Kippur and the first
              day of Passover. Any other

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       time off for holidays, including other Israeli holidays, will count
       against Employee's vacation time.

       5.4.   SICK LEAVE. Employee will be entitled to time off for illness as
              approved by Employer, and supported by a physician's letter if for
              a single period of three days or more, up to a maximum of 30 days
              per year.

       5.5.   401(K). Employee will be enrolled to Employer's Simple 401(k)
              program, in accordance with the terms of the program from time to
              time.

       5.6.   Employee shall participate in employee benefit plans that cover
              senior executives of Employer, to the extent eligible under the
              terms of such plans.

       5.7.   EMPLOYMENT BY AFFILIATE; EMPLOYMENT IN ISRAEL. In the event that
              the Employee becomes employed by an Affiliate of the Employer and
              this Agreement becomes the obligation of the Affiliate, the
              benefits to which the Employee is entitled under this Section 5
              shall be automatically adjusted to reflect appropriate benefits in
              the jurisdiction in which the Employee is to be employed by the
              Affiliate. Without derogating from the above, upon relocation to
              Israel, whether Employee be employed by Employer or by an
              Affiliate, Employee shall be entitled to the benefits as specified
              in APPENDIX 5.7 attached to this Agreement, instead of the
              benefits specified in sub-sections 5.1-5.6 above.

6.     TERMINATION.

       6.1.   BY EMPLOYER WITHOUT CAUSE. Employer may terminate the employment
              of Employee without Cause upon providing 120 days' prior written
              notice to Employee. In the event of termination by Employer
              without Cause, Employee shall continue to be entitled to salary,
              bonus and other compensation and benefits set forth in this
              Agreement for the unexpired portion of the Initial Term or any
              Extended Term, except that if such prior notice is given less than
              120 days prior to the termination of the Initial Term or an
              Extended Term, such salary, bonus and other compensation and
              benefits shall be paid for a period of 120 days after notice is
              given.

       6.2.   BY EMPLOYER FOR CAUSE. Employer may terminate the employment of
              Employee at any time for Cause. In the event of termination by
              Employer for Cause, Employee shall not be entitled to any salary,
              bonus, or other compensation or benefits except for accrued but
              unpaid salary through the last day worked. "CAUSE" means the
              occurrence of one or more of the following events:

                     (i)    Habitual unjustifiable failure or refusal to perform
                            the lawful duties of the Employee described in
                            Sections 1 and 2 hereof;

                     (ii)   Violation by Employee of a state or federal criminal
                            law involving the commission of a crime against
                            Employer or a felony, provided that a violation of
                            criminal law shall not constitute Cause if

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                            Employee is entitled to be indemnified by Employer
                            in connection therewith;

                     (iii)  Repeated misuse by Employee of alcohol or controlled
                            substances; deception, fraud, misrepresentation or
                            dishonesty by Employee; any intentional act or
                            omission by Employee which substantially impairs
                            Employer's business, goodwill or reputation; or

                     (iv)   Any other material violation of this Agreement by
                            Employee.

       6.3.   TERMINATION BY EMPLOYEE. Employee may terminate this Agreement
              upon providing 120 days' prior written notice to Employer. In the
              event of termination by Employee, Employee shall be entitled to
              salary, bonus and other compensation and benefits through the last
              day worked. Notwithstanding the above, in the event of a Change in
              Control, as defined hereunder, Employee shall have the right,
              exercisable at any time during a period of 180 days from the
              Change in Control becoming effective, to terminate the
              employment by a 90 days' prior written notice.

       6.4.   DEATH. If Employee shall die during the Initial Term or any
              Extended Term, this Agreement shall terminate except that the
              Employee's estate shall be entitled to receive (i) any unpaid base
              salary accrued to the date of the Employee's death, (ii) any
              unpaid bonus earned by Employee for a completed year, and (iii) a
              portion of the annual bonus set forth in Section 4.2 for the year
              of the Employee's death and payable after the end of such year but
              multiplied by a fraction, the numerator of which is the number of
              days in the year through Employee's death and the denominator of
              which is 365.

       6.5.   DISABILITY. If Employee becomes physically or mentally disabled,
              whether totally or partially, so that he is prevented from
              performing the essential functions of his position for more than
              90 consecutive days, the Employer may terminate the employment of
              Employee, and the provisions of section 6.4 shall apply, mutatis
              mutandis. Employee shall be entitled to receive benefits under
              Employer's existing long term disability plan (if any), if
              eligible under the terms of such plan.

       6.6.   RELOCATION TO ISRAEL. Should Employee relocate to Israel, this
              section 6 shall be replaced with the provisions of APPENDIX 6.6
              attached hereto.

7.     CHANGE IN CONTROL.

       7.1.   DEFINITION OF "CHANGE IN CONTROL" AND "GOOD REASON". A "CHANGE IN
              CONTROL" shall be deemed to have occurred if

                     (i)    any person (except a publicly traded depository
                            trust company or other similar nominees holding
                            shares for their public bneneficial owners), as that
                            term is used in Sections 13(d) and 14(d) of the
                            Securities Exchange Act of 1934, as amended, as in
                            effect on July 1, 2004 ("EXCHANGE ACT") is or
                            becomes the beneficial owner (as that term is
                            defined in Section 13(d) of the Exchange Act and the
                            rules and regulations promulgated thereunder) of 50%
                            or more of the combined voting power of the then
                            outstanding voting securities entitled to vote
                            generally in the election of directors ("VOTING
                            SECURITIES") of Employer or of OIL, excluding,
                            however, if such ownership is the result of any of
                            the following: (a) any acquisition

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                            directly from the Employer or from OIL, other than
                            an acquisition by virtue of a public offering or by
                            virtue of the exercise of a conversion privilege
                            unless the security being so converted was itself
                            acquired directly from the Employer, or (b) any
                            acquisition by the Employer; or if

                     (ii)   more than 50% of the members of the Board of
                            Directors of the Employer shall not be Continuing
                            Directors (which term, as used herein, means the
                            directors of Employer (a) who were members of the
                            Board of Directors of Employer on July 1, 2004 or
                            (b) who subsequently became directors of Employer
                            and who were elected or designated to be candidates
                            for election as nominees for the Board of Directors,
                            or whose election or nomination for election by
                            Employer's stockholders was otherwise approved, by a
                            vote of 75% of the Continuing Directors then on the
                            Board of Directors but shall not include, in any
                            event, any individual whose initial assumption of
                            office occurs as a result of either an actual or
                            threatened election contest (as such terms are used
                            in Rule 14(a)-11 of Regulation 14A promulgated under
                            the Exchange Act) or other actual or threatened
                            solicitation of proxies or consents by or on behalf
                            of a person other than the Board of Directors); or
                            if

                     (iii)  Employer shall be merged or consolidated with, or,
                            in any transaction or series of transactions,
                            substantially all of the business or assets of
                            Employer shall be sold or otherwise acquired by,
                            another corporation or entity unless, as a result
                            thereof, (a) the stockholders of Employer
                            immediately prior thereto shall beneficially own,
                            directly or indirectly, at least 60% of the combined
                            Voting Securities of the surviving, resulting or
                            transferee corporation or entity (including, without
                            limitation, a corporation that as a result of such
                            transaction owns Employer or all or substantially
                            all of Employer's business or assets either directly
                            or through one or more subsidiaries) ("NEWCO")
                            immediately thereafter in substantially the same
                            proportions as their ownership immediately prior to
                            such corporate transaction, (b) no person
                            beneficially owns (as such terms are used in
                            Sections 13(d) and 14(d) of the Exchange Act and the
                            rules and regulations promulgated thereunder),
                            directly or indirectly, 50% or more of the Voting
                            Securities of Newco immediately after such corporate
                            transaction except to the extent that such ownership
                            of Employer existed prior to such corporate
                            transaction and (c) more than 50% of the members of
                            the Board of Directors of Newco shall be Continuing
                            Directors; or if

                     (iv)   the stockholders of the Employer or of OIL approve a
                            complete liquidation or dissolution of Employer or
                            of OIL.

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              "GOOD REASON" shall be deemed to have occurred only if Employee
              terminates employment for any of the following reasons:

                     (v)    a reduction by Employer in Employee's base salary as
                            in effect at the time of a Change in Control plus
                            all increases therein subsequent thereto, a
                            reduction in the Employee's bonus as in effect at
                            the time of Change in Control plus all increases
                            therein subsequent thereto, a change in the manner
                            of computation of Employee's annual bonus that is
                            adverse to Employee, failure to maintain Employee's
                            eligibility for awards under the Ormat Group's Long
                            Term Incentive Plans as in effect at the time of the
                            Change in Control and with all improvements therein
                            subsequent thereto or failure to maintain Employee's
                            participation in Employer's employee benefit plans
                            as in effect at the time of the Change in Control
                            and with all improvements therein subsequent
                            thereto;

                     (vi)   the assignment to Employee of any duties
                            inconsistent with Employee's position, duties,
                            responsibilities and status with the Employer at the
                            time of the Change in Control, or any material
                            reduction in Employee's authority or
                            responsibilities from those assigned at the time of
                            the Change in Control, or a change in the Employee's
                            title or offices as in effect at the time of the
                            Change in Control, or any removal of the Employee
                            from, or any failure to re-elect the Employee to,
                            any of such positions, except in connection with the
                            termination of the Employee's employment as a result
                            of death, or by the Employer for disability or for
                            Cause, or by the Employee for other than Good
                            Reason; or

                     (vii)  the relocation of the Employee's office to a
                            location more than 60 miles from its location at the
                            time of a Change in Control or the Employer
                            requiring the Employee to be based anywhere other
                            than at such office, except for required travel for
                            Employer's business to an extent substantially
                            consistent with Employee's business travel
                            obligations at the time of a Change in Control.

              The Employee must provide a notice in writing to the Employer
              which shall set forth the specific "Good Reason" relied upon and
              shall set forth in reasonable detail the facts and circumstances
              claimed to provide a basis for termination of the Employee's
              employment under the provision so indicated.

       7.2.   COMPENSATION UPON CHANGE IN CONTROL.

                     (i)    If, within three years following a Change in
                            Control, the employment of the Employee is
                            terminated by the Employer other than for disability
                            or Cause or if, within 180 days following a Change
                            in Control, Employee terminates the employment
                            pursuant to Section 6.3 above or Appendix 6.6 below
                            or if the Employee terminates his employment for
                            Good Reason (all subject to section 6 above), then
                            Employer shall pay to the Employee as a lump sum on
                            the fifth

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                            business day following his last day worked the
                            amounts in clauses (a) through (e) below:

                            (a) the Employee's full unpaid base salary accrued
                            through the date of termination of this Agreement;

                            (b) in lieu of any further salary payments for
                            periods subsequent to the date of termination of
                            this Agreement, payment of the Employee's monthly
                            base salary at the time of the Change in Control
                            plus any increases therein multiplied by 24;

                            (c) in lieu of any future annual bonus payments
                            (except as provided in clause (e) below) the average
                            of the annual bonus paid to the Employee for the two
                            years immediately preceding the Change in Control
                            multiplied by two;

                            (d) the amount of the annual matching contribution
                            that would be made by the Employer to the Employee's
                            Simple 401 (k) Plan assuming that the Employee
                            elected the maximum contribution thereunder that
                            could be made by the Employee, multiplied by two;
                            and

                            (e) a portion of the annual bonus for the year in
                            which the termination of employment occurs, paid
                            within 45 days after approval of the consolidated
                            audited financial statements for that year by the
                            Employer's Board of Directors and by OIL's Board of
                            Directors, with the amount thereof multiplied by a
                            fraction, the numerator of which is the number of
                            days in the years through the date of termination of
                            employment and the denominator of which is 365, and
                            any unpaid annual bonus for any completed year.

                     (ii)   If, within three years following a Change in
                            Control, the Employer shall terminate the Employee's
                            employment (other than for disability or for Cause),
                            or if, within 180 days following a Change in
                            Control, Employee terminates the employment pursuant
                            to Section 6.3 above or Appendix 6.6 below or if the
                            Employee terminates his employment for Good Reason,
                            the Employer shall maintain in full force and
                            effect, for the Employee's continued benefit for a
                            two year period after his last day worked, or until
                            Employee obtains new employment, whichever is
                            earlier, all employee health, accident, life
                            insurance, disability and other employee welfare
                            benefit plans, programs or arrangements (including
                            pension accruals and loss of work capacity insurance
                            payments to Employee's Managers' Insurance Policy,
                            if active) in which Employee was participating
                            immediately prior to the date of the Change in
                            Control plus all improvements therein subsequent
                            thereto, provided that the continued participation
                            of the Employee is not prohibited under the terms
                            and provisions of such plans, programs and
                            arrangements. In the event that the Employee's
                            participation in any such plan, program or
                            arrangement is

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                            prohibited, the Employer shall arrange to provide
                            the Employee with benefits substantially similar to
                            those that the Employee would have been entitled to
                            receive under such plan, program or arrangement if
                            he had remained a participant for such additional
                            period.

                     (iii)  In the event the employment of the Employee is
                            terminated by Employer pursuant to Section 6.1 and a
                            Change in Control occurs within six months
                            thereafter, the Employee shall then be entitled to
                            compensation under this Section 7.2 reduced by any
                            compensation previously received under Section 6.1.

8.     NON-COMPETITION AND NON-SOLICITATION.

       8.1.   APPLICABILITY. This paragraph 8 shall survive the termination of
              Employee's employment with Employer except that Sections 8.2 and
              8.3 shall terminate and be of no effect if Employment is
              terminated by Employer without Cause or Employee terminates his
              employment subsequent to a Change in Control for Good Reason.

       8.2.   SCOPE OF NON-COMPETITION. Employee agrees that he will not,
              directly or indirectly, during his employment and for a period of
              one year from the date on which his employment with Employer
              terminates, be employed by, consult with or otherwise perform
              services for, own, manage, operate, join, control or participate
              in the ownership, management, operation or control of or be
              connected with, in any manner, any Competitor (as hereinafter
              defined) unless released from such obligation in writing by
              Employer. A "COMPETITOR" shall include any entity which competes
              with Employer in the geothermal and waste heat field (and
              industries set forth in an addendum to this Agreement, from time
              to time) worldwide, or any entity which is developing energy
              products or services that will be in competition with the energy
              products or services of Employer. Employee shall be deemed to be
              connected with a Competitor if such Competitor is (a) a
              partnership in which he is a general or limited partner or
              employee, (b) a corporation or association in which he is a
              shareholder, officer, employee or director, or (c) if Employee is
              a member, consultant or agent of such Competitor; provided,
              however, that nothing herein shall prevent the purchase or
              ownership by Employee of shares which constitute less than five
              percent of the outstanding equity securities of a publicly or
              privately held entity, if Employee has no other relationship with
              such entity and provided further, that nothing herein shall
              prevent the Employee to be employed or provide services (including
              consultation services) to a Competitor, if the functions as an
              employee, or services rendered, do not compete with Employer, in
              the meaning set forth above.

       8.3.   SCOPE OF NON-SOLICITATION. Employee shall not intentionally
              directly or indirectly solicit, influence or entice, or attempt to
              solicit, influence or entice, any employee or consultant of
              Employer to cease his relationship with Employer or solicit,
              influence, entice or in any way divert any customer, distributor,
              partner, joint venturer or supplier for Employer to do business or
              in any way become associated

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              with any Competitor to the detriment of Employer. This Section 8.3
              shall apply during the time period described in Section 8.2
              hereof.

       8.4.   NON-DISCLOSURE: RETURN OF MATERIALS. During the term of his
              employment by Employer and following termination of such
              employment, Employee will not disclose (except as required by his
              duties to Employer), any Confidential Information (as defined
              below) to any third party. All documents, procedural manuals,
              guides, specifications, plans, drawings, designs, computer
              programs and similar materials, lists of present, past or future
              customers, customer proposals, invitations to submit proposals,
              price lists and data relating to pricing of Employer's products
              and services, records, notebooks and similar repositories of or
              containing any Confidential Information (including all copies
              thereof) coming into Employee's possession or control by reason of
              Employee's employment by Employer, whether prepared by Employee or
              others; (i) are the property of the Employer, (ii) will not be
              used by Employee intentionally in any way adverse to Employer,
              (iii) will not be removed from Employer's premises or photocopied
              (except as Employee's employment by Employer shall require) and
              (iv) at the termination of Employee's employment, will be left
              with, or forthwith returned to, Employer.

              As used in this Agreement, "CONFIDENTIAL INFORMATION" shall mean
              secret or proprietary information of whatever kind or nature
              disclosed to Employee or becoming known to Employee (whether or
              not invented, discovered or developed by Employee), at any time
              during Employee's employment by Employer or his previous
              employment by Employer's Affiliates as a consequence or through
              such employment. Such secret or proprietary information shall
              include information relating to design, manufacture, application,
              know-how, research and development relating to Employer's present,
              past or prospective products, sources of supplies and materials,
              operating and other cost data, lists of present customers,
              customer proposals, price lists and data relating to pricing of
              Employer's products or services. Such secret or proprietary
              information shall specifically include, without limitation all
              information contained in Employer's manuals, memoranda, formulae,
              plans, drawings and designs, specifications, data supply sources,
              computer programs and records, legends or otherwise identified by
              Employer as confidential information.

              Confidential Information shall not, however, include information
              which is now or hereafter becomes generally known or available in
              the industry or to the public through no act on the part of
              Employee, is received by Employee from another person that is (to
              Employee's knowledge) free to disclose the same without
              restriction, or is independently developed by a third party who
              (to Employee's knowledge) has had no access to that or similar
              Confidential Information as disclosed pursuant to this Agreement.

              Employee's obligations under this Section 8.4 shall terminate
              three (3) years after the termination of Employee's employment.

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       8.5.   RIGHTS TO INVENTIONS.

                     (i)    The know-how, Inventions (as defined below) and such
                            other data that will be developed during Employee's
                            employment, and all modifications thereof even if
                            made after termination of Employee's employment,
                            shall belong to Employer, and Employer will be the
                            sole and exclusive owner of any and all rights
                            pertaining thereto.

                     (ii)   Employee shall keep signed, witnessed and dated
                            records of any and all ideas, inventions,
                            improvements and discoveries (whether or not
                            patentable), made, conceived or first reduced to
                            practice by Employee in the course of his employment
                            under this Agreement, together with all supporting
                            evidence such as notes, sketches, drawings, models
                            and data pertaining thereto. Employee shall promptly
                            make full disclosure to Employer of any Inventions
                            or modifications thereof. At the time of this
                            Agreement, Employee has not been issued any patents
                            for any device, process, design or invention of any
                            kind which may be used by or needed by Employer in
                            connection with Employer's activities, services, and
                            product and which he has not assigned to Employer
                            and duly recorded in the United States Patent
                            Office. Employee agrees that all inventions
                            developed by Employee while he was employed by
                            Employer and prior to the date of this Agreement
                            while he was employed by Employer's affiliates are
                            the property of Employer and subject to the terms of
                            this paragraph 8.

                     (iii)  Employer will have the right to submit patent
                            applications based on such inventions. Such patents
                            will identify the original inventors, as required by
                            patent law in the United States, and also in other
                            countries, even if not required by law.

                            Employee shall, at Employer's expense, promptly
                            execute formal applications for patents and also do
                            all other acts and things (including, among other,
                            executing and delivering instruments of further
                            assignments, registration, assurance or
                            confirmation) deemed by Employer necessary or
                            desirable at any time or times in order to effect
                            the full assignment to Employer of Employee's
                            rights, title, and interest to such Inventions
                            and/or modifications, without payment therefor and
                            without further compensation beyond Employee's
                            agreed compensation for employment. The absence of a
                            request by Employer for information, or for the
                            making of an oath, or for the execution of any
                            document, shall in no way be construed to constitute
                            a waiver of the rights of Employer.

                            Should Employer determine that it has no intent to
                            make a patent application for an Invention, and that
                            it has no reason to keep such inventions
                            confidential, Employee will have the right, after

                                       11

                            receiving Employer's approval in writing, to pursue
                            patent application at its own risk and expense. It
                            is expressly understood that Employer may withhold
                            such approval as it deems necessary at its sole
                            discretion.

                     (iv)   As used in this Agreement, "INVENTIONS" shall mean
                            those discoveries, developments, inventions and
                            works of authorship, whether or not patentable,
                            relating to Employer's present, past or prospective
                            activities, services and products, which activities,
                            services and products are known by Employee at any
                            time during Employee's employment by Employer as a
                            consequence of such employment, including any
                            patents, models, trade secrets, trademarks, service
                            marks, copyrightable subject matter and any
                            copyrights therein, proprietary information, design
                            of a useful article (whether the design is
                            ornamental or otherwise), computer programs and
                            related documentation, and other writings, code,
                            algorithms and information and related documentation
                            and materials which the Employee has made, written
                            or conceived or may make, write or conceive, during
                            Employee's employment by Employer, either solely or
                            jointly with others, and either on or off Employer's
                            premises (a) while providing services to Employer,
                            or (b) with the use of time, materials or facilities
                            of Employer, or (c) relating to any Employer's
                            product, service or activity of which Employee has
                            knowledge, or (d) suggested by or resulting from any
                            work performed by or for Employer. Such term shall
                            not be limited to the meaning of "invention" under
                            the United States patent laws.

       8.6.   EQUITABLE RELIEF. Employee acknowledges that the provisions of
              this paragraph 8 are essential to Employer, that Employer would
              not enter into this Agreement if it did not include this paragraph
              8 and that losses sustained by Employer as a result of a breach of
              this paragraph 8 cannot be adequately remedied by damages, and
              Employee agrees that Employer, notwithstanding any other provision
              of this Agreement, and in addition to any other remedy it may have
              under this Agreement or at law, shall be entitled to injunctive
              and other equitable relief, without the necessity for posting a
              bond, to prevent or curtail any breach of any provision of this
              Agreement, including, without limitation, this paragraph 8.

       8.7.   DEFINITION OF EMPLOYER. For purposes of Section 8.2 and Section
              8.3 hereof, "EMPLOYER" shall include all Affiliates of Employer,
              and any business ventures in which Employer or its Affiliates may
              participate.

9.     SEVERABILITY. To the extent any provision of this Agreement shall be
       invalid, illegal or unenforceable in any respect, it shall be considered
       deleted herefrom, and the remainder of such provision and of this
       Agreement shall be construed as if such invalid, illegal or unenforceable
       provision (or portion thereof) had never been contained herein. In
       furtherance and not in limitation of the foregoing, should the duration
       or geographical

                                       12

       extent of, or business activities covered by any provision of this
       Agreement be in excess of that which is valid and enforceable under
       applicable law, then such provision shall be construed to cover only that
       duration, extent or activities which may validly and enforceably be
       covered.

10.    FORM OF NOTICE. All notices given hereunder shall be given in writing,
       shall specifically refer to this Agreement and shall be personally
       delivered or sent by telecopy or other electronic facsimile transmission
       or by registered or certified mail, return receipt requested, at the
       addresses set forth below;

       If to Employee:                            Yoram Bronicki
                                                  -----------------------

                                                  -----------------------

       If to Employer:                            Ormat Technologies Inc.
                                                  980 Greg Street
                                                  Sparks, Nevada 89431
                                                  Attn:  Chief Executive Officer

       If notice is mailed, such notice shall be effective after 10 days of
       mailing; if notice is personally delivered, it shall be effective upon
       receipt; and if sent by electronic facsimile transmission, it shall be
       effective on the following business day.

11.    WAIVERS. No delay or failure by any party hereto in exercising,
       protecting or enforcing any of its rights, titles, interests or remedies
       hereunder, and no course of dealing or performance with respect thereto,
       shall constitute a waiver thereof. The express waiver by a party hereto
       of any right, title, interest or remedy in a particular instance or
       circumstance shall not constitute a waiver thereof in any other instance
       or circumstance. All rights and remedies shall be cumulative and not
       exclusive of any other rights or remedies.

12.    AMENDMENTS IN WRITING. No amendment, modification, waiver, termination or
       discharge of any provision of this Agreement, nor consent to any
       departure therefrom by either party hereto, shall in any event be
       effective unless the same shall be in writing, specifically identifying
       this Agreement and the provision intended to be amended, modified,
       waived, terminated or discharged and signed by Employer and Employee.

13.    APPLICABLE LAW. Subject to Section 1 hereof, this Agreement shall be in
       all respects, including all matters of construction, validity and
       performance, be governed by, construed and enforced in accordance with,
       the laws of the State of Nevada, without regard to any rules governing
       conflicts of laws.

14.    MITIGATION. The Employee shall not be required to mitigate the amount of
       any payment made after termination of employment by seeking other
       employment or otherwise, nor shall the amount of any such payment by the
       Employer be reduced by any compensation earned by the Employee as the
       result of employment by another employer after termination of employment
       or by any other compensation except as provided in Section 7.2(ii).

                                       13

15.    SUCCESSORS. The Employer shall require any successor (whether direct or
       indirect, by purchase, merger, consolidation or otherwise) to all or a
       majority of the business or assets of the Employer, by agreement in form
       and substance reasonably satisfactory to the Employee, expressly to
       assume and agree to perform this Agreement in the same manner and to the
       same extent as the Employer would be required to perform it if no such
       succession had taken place. Failure of the Employer to obtain such
       agreement prior to the effectiveness of any such succession shall be a
       breach of this Agreement and shall entitle the Employee to compensation
       under Section 7.2 in the same amount and on the same terms as the
       Employee would have been entitled to hereunder if the Employee had given
       a notice of termination for Good Reason as of the day immediately before
       such succession became effective and had specified that day in his
       notice. As used in this Agreement, "EMPLOYER" shall mean the Employer as
       defined in the first sentence of this Agreement and any successor to all
       or substantially all its business or assets or which otherwise becomes
       bound by all the terms and provisions of this Agreement, whether by the
       terms hereof, by operation of law or otherwise. This Agreement shall
       inure to the benefit of and be enforceable by the Employee and his
       personal or legal representatives and successors in interest under this
       Agreement.

16.    HEADINGS. All headings used herein are for convenience only and shall not
       in any way affect the construction of, or be taken into consideration in
       interpreting, this Agreement.

17.    ENTIRE AGREEMENT. This Agreement on and as of the date hereof constitutes
       the entire Agreement between Employer (and/or Affiliates) and Employee
       with respect to the subject matter hereof and all prior or
       contemporaneous oral or written communications, understandings or
       agreements between Employer (and/or Affiliates) and Employee with respect
       to such subject matter are hereby superseded and nullified in their
       entireties, except for such rights and benefits of Employee under his
       employment agreement with OIL (which was assigned to and assumed by OSL)
       to which Employee may be entitled should his employment with Employer
       terminate without Employee being subsequently employed by Affiliate
       thereof.

                            [signature page follows]

                                       14

               IN WITNESS WHEREOF, the parties have executed and entered into
this Agreement on the date set forth above.

                                              EMPLOYEE:

                                              -----------------------------

                                              EMPLOYER:

                                              BY:__________________________
                                              TITLE:_______________________

                                       15

                                  APPENDIX 5.7
                                  ------------
                    BENEFITS IF EMPLOYEE RELOCATES TO ISRAEL

1.     VACATIONS:

       1.1.   30 days fully paid annual vacation. The annual vacation days may
              be accrued unlimitedly.

       1.2.   10 Recovery days ("Dmei Havra'ah") each year, to be paid in
              accordance with the customary rate in OSL.

       1.3.   90 days of fully paid sickness leave each year. Provided however,
              the Employee shall not be entitled to his base salary during such
              sickness leave, if and to the extent he is entitled to payments
              under a Loss of Working Capacity Insurance Policy. The days of
              sickness leave may be accrued with no limitation (subject to
              Employer's rights hereunder) but they may not, in any event, be
              redeemed or cashed by Employee.

2.     VEHICLE:

       2.1.   Employer shall provide Employee with an executive automobile of
              licensing group 3, which shall be new or not more than 3 years
              old, and of a make and model acceptable to Employee and Employer.

       2.2.   Employer shall bear all costs involved in the use and maintenance
              of the automobile, except traffic or parking fines and except
              taxes imposed on such benefit.

3.     EXECUTIVE MANAGERS' INSURANCE POLICY AND SEVERANCE PAY: Employer shall
       insure Employee under Pension Insurance Plans ("the plans") chosen by the
       Employee, as follows:

       3.1.   Employer shall pay to the plans an amount equal to 13.33% of the
              Employee's base salary (8.33% towards severance pay and 5% towards
              pension pay) as well as an amount equal to up to 2.5% of the
              Employee's base salary to insure loss of working capacity. Upon
              Employee's relocating to Israel and upon any increase in
              Employee's base salary, Employer shall pay the plans such amounts
              as required for the sums accumulated under the Policy, on account
              of the Employee's severance pay, to equal at all times the amount
              of severance pay Employee is entitled to based on his last salary
              and his seniority with the Ormat Group (as determined in section 1
              to the Agreement).

       3.2.   In addition, Employer shall deduct 5% from Employee's base salary
              and transfer such amount to the plans (towards pension pay).

4.     EDUCATIONAL FUND ("KEREN HISHTALMUT"): Employer shall pay to an
       Educational Fund chosen by Employee up to an amount equal to 7.5% of
       Employee's base salary (but no more than the salary limit exempt from tax
       under current tax law), as well as deduct up to

                                       16

       an amount of 2.5% from Employee's base salary (but no more than the
       salary limit exempt from tax under current tax law) and transfer such
       amount to the Fund.

5.     REIMBURSEMENT OF EXPENSES: Employee shall be entitled to reimbursement
       for reasonable out-of-pocket expenses incurred by Employee in connection
       with his employment with Employer, including for travel, professional
       literature, hosting, newspapers, phone conversationsetc.. The
       reimbursement shall be effected against the presentation of proper
       invoices.

6.     OTHER: other benefits customary to all employees of the Ormat Group, such
       as dental insurance, annual medical check ups etc..

                                       17

                                  APPENDIX 6.6
                                  ------------

            TERMINATION OF EMPLOYMENT IF EMPLOYEE RELOCATES TO ISRAEL

6.     TERMINATION

       6.1.   Without derogating from the provisions of section 3 above, each
              party may terminate this Agreement and the employment of Employee
              hereunder by providing the other party with a 120 days' written
              notice prior to the end of the respective term (the "Prior Notice
              Period"). Employer may relieve the Employee from the obligation to
              work during the Prior Notice Period, all or any part thereof, or
              terminate this Agreement prior to the termination of the Prior
              Notice Period, provided however that in the event of termination
              by Employer, Employee shall continue to be entitled to salary,
              bonus (including on a pro-rata basis, if termination occurs in
              mid-year) and other compensation and benefits set forth in this
              Agreement for the unexpired portion of the Initial Term or any
              Extended Term as if his employment continued through out this
              Term, except that if such prior notice is given less than 120 days
              prior to the termination of the Initial Term or an Extended Term,
              such salary, bonus and other compensation and benefits shall be
              paid for a period of 120 days after notice is given.
              Notwithstanding the above, in the event of a Change in Control, as
              defined hereunder, Employee shall have the right, exercisable at
              any time during a period of 180 days from the Change of Control
              becoming effective, to terminate the employment by a 90 days prior
              written notice.

       6.2.   In the event of termination of this Agreement whether by Employer,
              whether by Employee (except under the circumstances described in
              section 6.4 hereunder), Employee (or the Employee's estate, as
              applicable) shall be entitled to assignment to Employee of
              ownership of his Executive Managers' Insurance Policy ("MANAGERS'
              INSURANCE POLICY") and monies accumulated therein, and payment of
              the difference, if any, between the sums accumulated in such
              Managers' Insurance Policy on account of the Employee's severance
              pay, and the amount of severance pay Employee is entitled to based
              on his last base salary multiplied by the number of years of his
              seniority with Employer.

       6.3.   In any event, Employee shall be entitled to:

                     (i)    Payment of accrued vacation which remained unused on
                            the date of termination of this Agreement.

                     (ii)   The Employee's share in the Managers' Insurance
                            Policy (i.e., those funds which originate from
                            deductions made from Employee's base salary).

                     (iii)  All monies accumulated in the Employee's Educational
                            Fund.

       6.4.   Notwithstanding the above, in circumstances under which Employee
              is convicted of a criminal offence constituting an act of moral
              turpitude, Employer may terminate this Agreement immediately,
              without giving any prior written notice and with no other
              obligation, and Employee shall not be entitled to the benefits
              listed in section 6.2 above, but will be entitled to the benefits
              listed in section 6.3 above.

                                       18Exhibit 10.10

                            ORMAT TECHNOLOGIES, INC.
                        FORM OF INDEMNIFICATION AGREEMENT

         INDEMNIFICATION AGREEMENT, made as of _____, 2004 between Ormat
Technologies, Inc., a Delaware corporation (the "Company"), and ______ (the
"Indemnitee").

         WHEREAS, the Company is aware that competent and experienced persons
are increasingly reluctant to serve as directors or officers of corporations
unless they are protected by adequate indemnification, due to increased exposure
to litigation costs and risks resulting from their service to such corporations,
and due to the fact that the exposure frequently bears no reasonable
relationship to the compensation of such directors and officers;

         WHEREAS, the statutes and judicial decisions regarding the duties of
directors and officers are often difficult to apply, ambiguous, or conflicting,
and therefore fail to provide such directors and officers with adequate,
reliable knowledge of legal risks to which they are exposed or information
regarding the proper course of action to take;

         WHEREAS, plaintiffs often seek damages in such large amounts and the
costs of litigation may be so great (whether or not the case is meritorious),
that the defense and/or settlement of such litigation is usually beyond the
personal resources of directors and officers;

         WHEREAS, based upon their experience as business managers, the Board of
Directors has concluded that, to retain and attract talented and experienced
individuals to service as officers and directors of the Company and its
Subsidiaries (as defined below in Section 1) and to encourage such individuals
to take the business risks necessary for the success of the Company and its
Subsidiaries, it is necessary for the Company to contractually indemnify its
directors and certain of its officers, and the directors and certain of the
officers of its Subsidiaries, and to assume for itself maximum liability for
expenses and damages in connection with claims against such officers and
directors in connection with their service to the Company and its Subsidiaries,
and has further concluded that the failure to provide such contractual
indemnification could result in great harm to the Company and its Subsidiaries
and the Company's stockholders;

         WHEREAS, the Indemnitee is a member of the Board of Directors of the
Company and/or an officer of the Company and its Subsidiaries and in such
capacity is performing a valuable service for the Company;

         WHEREAS, the Company's Amended and Restated By-laws (the "By-laws")
provide for indemnification to the fullest extent permitted by the Delaware
General Corporation Law from time to time in effect (provided that in the case
of any subsequent amendment or interpretation only to the extent that such
amendment or interpretation permits the Company to provide broader
indemnification rights than were previously permitted prior thereto) (the
"Indemnification Statute");

         WHEREAS, the Indemnification Statute provides that the indemnification
rights provided thereunder are not exclusive, and that agreements may be entered
into between the Company and members of its Board of Directors and officers with
respect to indemnification; and

         WHEREAS, the Company deems it desirable and in its best interests for
it to enter into this contract with the Indemnitee.

         NOW, THEREFORE, the parties hereto agree as follows:

         1. Mandatory Indemnification. The Company shall, to the fullest extent
allowed by applicable law (including the indemnification permitted by Section
145 of the Delaware General Corporation Law ("DGCL")) indemnify and hold
harmless the Indemnitee from and against any and all expenses (including
reasonable attorneys' fees), amounts paid or incurred in satisfaction of
settlements, judgments, fines, penalties, liabilities and similar or related
items incurred or suffered or threatened to be incurred or suffered in any
pending, threatened or completed actions, suits or proceedings, whether civil,
criminal, administrative, arbitrative or investigative (including any appeal
therein and any inquiry or investigation which could lead to such suit, action
or procedure) by reason of the Indemnitee's being or having been (or to the
fullest extent permitted by law otherwise related to the fact that he is or was)
(a) a director, officer, employee or agent of the Company or of any constituent
corporation absorbed by the Company in a consolidation or merger or (b) a
director, officer, trustee, employee or agent of any direct or indirect
subsidiary of the Company (collectively, "Subsidiary") or of any other
corporation, partnership, joint venture, trust, employee benefit plan or other
enterprise or entity of any kind or nature (collectively, including such
Subsidiaries, "Other Enterprises"), at which the Indemnitee served in such
capacity at the request of the Company or any such constituent corporation
(collectively, "Proceedings"). To the fullest extent permitted by applicable
law, the Indemnitee shall be entitled to a conclusive presumption that any
service as a director, officer, employee or agent for a Subsidiary was at the
request of the Company, and the confirmation in any one or more instances that
such service was at the request of the Company shall not alter such conclusive
presumption. The foregoing right to indemnification applies to any Proceeding in
which the Indemnitee is made, or is threatened to be made, a party. It is
understood that the Company shall not be obligated pursuant to the terms of this
Agreement to indemnify the

                                       2

Indemnitee if a final decision by a court having jurisdiction in the matter
shall determine that such indemnification is not lawful. In this respect, the
Indemnitee has been advised that the Securities and Exchange Commission takes
the position that indemnification for liabilities arising under the federal
securities laws is against public policy and is, therefore, unenforceable. In
addition, notwithstanding anything else in this Agreement, the indemnification
provided hereunder to any Indemnitee who is also an officer or director of or
controlling party in Ormat Industries Ltd. shall be subject to the same
limitations on such indemnification as are applicable to the indemnification
provided to such person by Ormat Industries Ltd.

         2. Indemnification as Witness. Notwithstanding any other provision of
this Agreement, to the extent the Indemnitee is, by reason of the fact that the
Indemnitee is or was a director, officer, employee or agent of the Company or
Other Enterprises, a witness in any proceeding, the Indemnitee shall be
indemnified against any and all expenses actually and reasonably incurred by or
for the Indemnitee in connection therewith.

         3. Mandatory Advancement of Expenses. The Company shall to the fullest
extent permitted by the Section 145 of the DGCL advance all costs and expenses
(including attorneys' fees and expenses) incurred by the Indemnitee with respect
to any one or more Proceedings, whether civil, criminal, administrative or
investigative. The Indemnitee hereby agrees to repay such costs and expenses if
it shall ultimately be determined that the Indemnitee is not entitled to be
indemnified by the Company under the DGCL. Such mandatory obligation to advance
costs and expenses shall, to the extent permitted by law, include costs and
expenses incurred in asserting affirmative defenses, counterclaims and
cross-claims. The advances to be made hereunder shall be paid by the Company to
the Indemnitee within ten (10) days following delivery of a written request
therefore by the Indemnitee to the Company.

         4. Continuation of Indemnification. All obligations of the Company
hereunder shall continue during the period the Indemnitee is a director,
officer, employee or agent of the Company (or is serving at the request of the
Company as a director, officer, employee, trustee or agent of any Other
Enterprise) and shall continue thereafter so long as the Indemnitee shall be
subject to any possible Proceeding by reason of the fact that the Indemnitee is
or was a director, officer, employee or agent of the Company or is or was
serving on behalf of any Other Enterprise in any capacity referred to in
Paragraph 1 hereof.

         5. Procedural Requirements.

              (a) Notice by Indemnitee. The Indemnitee shall, as a condition
precedent to the Indeminitee's right to be indemnified under this Agreement,
give the Company notice in writing as soon as practicable of any claims made
against such Indemnitee for which such Indemnittee believes that indemnification
with respect thereto may be sought from the Company under this Agreement. Notice
to the Company shall be directed to the Chief Executive Officer of the Company
at the address shown on the

                                       3

signature page of this Agreement or such other address as the Company shall
designate in writing to the Indemnitee.

              (b) Notice to Insurer. If, at the time of the receipt of a notice
of the commencement of a proceeding pursuant to Section 5(a) above, the Company
has in effect an insurance policy or policies providing directors' and officers'
liability insurance, the Company shall give prompt notice of the commencement of
such proceeding to the insurers in accordance with the procedures set forth in
the respective policies. The Company shall thereafter make all commercially
relevant efforts to take all necessary or desirable action to cause such
insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of
such proceeding in accordance with the terms of such policies.

              (c) Subrogation. In the event of payment under this Agreement, the
Company shall be subrogated to the extent of such payment to all of the rights
of recovery of the Indemnitee. The Indemnitee shall execute all documents
required and shall do everything that may be necessary to secure such rights,
including the execution of such documents necessary to enable the Company to
effectively bring suit to enforce such rights.

              (d) Selection of Counsel. In the event the Company shall be
obligated hereunder to pay the expenses of any claims, the Company, if
appropriate, shall be entitled to assume the defense of such claims with counsel
approved by the Indemnitee (such approval not to be unreasonably withheld), upon
the delivery to such Indemnitee of written notice of its election so to do.
After delivery of such notice, approval of such counsel by the Indemnitee and
the retention of such counsel by the Company, the Company will not be liable to
such Indemnitee under this Agreement for any fees of any other counsel
subsequently incurred by such Indemnitee with respect to the same claims,
provided that (i) the Indemnitee shall have the right to employ counsel in any
such claims at such Indemnitee's expense and (ii) if (A) the employment of
counsel by the Indemnitee has been previously authorized by the Company, (B) the
Indemnitee shall have reasonably concluded that there may be a conflict of
interest between the Company and such Indemnitee in the conduct of such defense
or (C) the Company shall not, in fact, have employed counsel to assume the
defense of such claims, then the fees and expenses of the Indemnitee's counsel
shall be at the expense of the Company.

         6. Non-Exclusive Provisions Re: Indemnification and Advancement. The
indemnification against settlements, judgments, expenses and other matters and
the advancement of costs and expenses provided for in this Agreement shall not
be deemed exclusive of any other rights to indemnification and/or advancement
which the Indemnitee may be entitled under any agreement, any vote of
stockholders and/or disinterested directors, the Company's Amended and Restated
Certificate of Incorporation or Restated By-laws, or otherwise.

                                       4

         7. Exceptions.

              (a) Claims Initiated by Indemnitee. Notwithstanding any other
provision herein to the contrary, the Company shall not be obligated under the
terms of this Agreement to indemnify or advance expenses to the Indemnitee with
respect to proceedings or claims initiated or brought voluntarily by the
Indemnitee and by way of defense or counterclaims asserted by Indemnitee in a
proceeding brought against Indemnitee, except with respect to proceedings
brought to establish or enforce a right to indemnification under this Agreement
or any other statute or law or otherwise as required under the DGCL, but such
indemnification or advancement of expenses may be provided by the Company in
specific cases if the Board of Directors finds it to be appropriate.

              (b) Lack of Good Faith. Notwithstanding any other provision herein
to the contrary, the Company shall not be obligated under the terms of this
Agreement to indemnify the Indemnitee for any expenses incurred by the
Indemnitee with respect to any proceeding instituted by the Indemnitee to
enforce or interpret this Agreement, if a court of competent jurisdiction
determines that each of the material assertions made by the Indemnitee in such
proceeding was frivolous or made in bad faith.

              (c) Unauthorized Settlements. Notwithstanding any other provision
herein to the contrary, the Company shall not be obligated under the terms of
this Agreement to indemnify the Indemnitee for any amount paid in settlement of
a proceeding effected without the prior written consent of the Company. The
Company agrees not to unreasonably withhold its consent to any settlement.

              (d) No Duplicative Payment. The Company shall not be liable under
this Agreement to make any payment of amounts otherwise indemnifiable hereunder
if and to the extent that Imdemnitee has otherwise actually received such
payment under any insurance policy, contract, agreement or otherwise.

              (e) Claims under Section 16(b). Notwithstanding any other
provision herein to the contrary, the Company shall not be obliged to indemnify
the Indemnitee for expenses and the payments of profits arising from the
purchase and sale by the Indemnitee of securities in violation of Section 16(b)
of the Securities Exchange Act of 1934, as amended, or any similar successor
statute.

         8. Burden of Proof. In making a determination with respect to the
Indemnitee's right to indemnification hereunder, the person or persons or entity
making such determination shall presume that Indemnitee is entitled to
indemnification under this Agreement, and the Company shall have the burden of
proof to overcome that presumption in connection with the making by any person,
persons or entity of any determination contrary to that presumption.

                                       5

         9. Other Provisions.

              (a) Enforcement of Rights. It is understood that the parties
intend this Agreement to be interpreted and enforced so as to provide
indemnification and advancement of expenses to the Indemnitee to the fullest
extent permitted by applicable law as then in effect. Without limiting the
generality of Section 1 hereof or the preceding sentence, if the Indemnitee is
successful in any material respect in bringing any action to enforce any rights
under this Agreement, the Indemnitee shall, to the fullest extent permitted by
law, be entitled to recover all reasonable fees and expenses in bringing and
pursuing such action. In addition, the Indemnitee may in his sole discretion
apply to any court of competent jurisdiction for specific performance and/or
injunctive relief in order to enforce, or prevent any violations of, the
provisions of this Agreement.

              (b) Severability. If any provision of this Agreement or the
application thereof to any entities or individuals ("Persons") or
circumstance(s) shall be invalid or unenforceable to any extent, (i) the
remainder of this Agreement and the application of such provision to other
Persons or circumstance(s) shall not be effected thereby; and (ii) each such
provision shall be enforced to the greatest extent permitted by law.

              (c) Construction. Use of the words "hereby," "herein," "hereto,"
"hereof," "hereunder," and similar words, shall be deemed to refer to this
Agreement in its entirety, and not solely to the Section or Subsection in which
any such word appears; "including," "includes," or "include" shall mean
"including but not limited to," "includes but is not limited to," and "include
but not limited to." All personal pronouns used in this Agreement, whether used
in the masculine, feminine or neuter gender, shall include all other genders;
the singular shall include the plural, and vice versa. Titles of Sections are
for convenience only, and shall not modify rights and obligations created by
this Agreement.

              (d) Survival Successors and Assigns. The Indemnitee's rights under
this Agreement shall continue after the Indemnitee has ceased to serve as a
director or an officer of the Company. This Agreement shall be binding on and
inure to the benefit of successors, assigns, legatees, distributees, heirs,
executors, guardians, administrators, estates and other legal representatives.

              (e) Modification. Neither this Agreement nor any term hereof may
be changed, waived, discharged or terminated orally, but only by an instruction
in writing, signed by the party against which enforcement of such change,
waiver, discharge or termination is sought.

              (f) Counterparts. This Agreement may be executed in two or more
counterparts, each of which shall constitute an original, but all of which when
taken

                                       6

together shall constitute but one Agreement. It shall not be necessary that any
counterpart be signed by the parties so long as each Party shall have executed a
counterpart.

         (g) Entire Agreement. This Agreement constitutes the entire
understanding between the parties with respect to the subject matter hereof and
supersedes any prior understandings, agreements or representations between the
parties, written or oral, which may relate to the subject matter hereof;
provided, that the provisions of this Agreement are supplementary to, and not in
place of any provisions relating to indemnification and/or liability of
directors and officers contained in the Company's Amended and Restated
Certificate of Incorporation and Restated By-Laws and rights and remedies
provided under any insurance policy.

         (h) Governing Law. This Agreement shall be governed by and construed
according to the laws of the State of Delaware, without giving effect to
principles of conflicts of law in Delaware.

                                       7

         IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first set forth above.

                                       ORMAT TECHNOLOGIES, INC.
                                       By:
                                          --------------------------------------
                                          Name:
                                          Title:
                                          Address: 980 Greg Street,
                                                   Sparks, NV 89431

                                       INDEMNITEE

                                       Name:
                                            ------------------------------------

                                            ------------------------------------

                                       8

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