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Ormat Technologies, Inc. – IPO: ‘S-1’ on 7/20/04 – EX-10.3.29

On:  Tuesday, 7/20/04, at 8:53pm ET   ·   As of:  7/21/04   ·   Accession #:  950136-4-2269   ·   File #:  333-117527

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 7/21/04  Ormat Technologies, Inc.          S-1                   89:11M                                    Capital Systems 01/FA

Initial Public Offering (IPO):  Registration Statement (General Form)   —   Form S-1
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-1         Registration Statement                              HTML   3.13M 
 2: EX-3.1      Certificate of Incorporation                        HTML     59K 
 3: EX-4.1      Common Stock Certificate                            HTML     23K 
 4: EX-4.2      Preferred Stock Certificate                         HTML     23K 
 5: EX-10.1.1   Foreign Currency Loan Agreement                     HTML     44K 
14: EX-10.1.10  Guarantee Fee Agreement                             HTML     21K 
15: EX-10.1.11  Reimbursement Agreement                             HTML     25K 
16: EX-10.1.12  Services Agreement                                  HTML     40K 
 6: EX-10.1.2   Amended and Restated Bridge Loan Agreement          HTML     58K 
 7: EX-10.1.3   Bank Hapoalim Credit Facility Agreement             HTML    249K 
 8: EX-10.1.4   Credit Agreement Dtd 12/31/02                       HTML    371K 
 9: EX-10.1.5   Credit Agreement Dtd 12/18/03                       HTML    289K 
10: EX-10.1.6   Eximbank Credit Agreement                           HTML    306K 
11: EX-10.1.7   Indenture                                           HTML    451K 
12: EX-10.1.8   Loan Agreement                                      HTML     34K 
13: EX-10.1.9   Capital Note                                        HTML     22K 
17: EX-10.2.1   Purchase and Sale Agreement                         HTML    292K 
18: EX-10.2.2   Purchase Agreements                                 HTML     74K 
19: EX-10.3.1   Power Purchase Contract                             HTML    116K 
28: EX-10.3.10  Amendment No. 3 Dtd 11/24/92                        HTML     26K 
29: EX-10.3.11  Amended & Restated Power Purchase & Sale Agreement  HTML    100K 
30: EX-10.3.12  Amendment No. 1 to Amended and Restated Power       HTML     30K 
31: EX-10.3.13  Power Purchase Contract                             HTML    148K 
32: EX-10.3.14  Amendment No. 1 Power Purchase Contract             HTML     24K 
33: EX-10.3.15  Amendment No. 2 Power Purchase Contract             HTML     24K 
34: EX-10.3.16  Power Purchase Contract Dtd 4/16/85                 HTML    118K 
35: EX-10.3.17  Amendment No. 1 Dtd 10/25/85                        HTML     25K 
36: EX-10.3.18  Amendment No. 2 Dtd 12/20/89                        HTML     25K 
37: EX-10.3.19  Sce Standard Contract                               HTML     33K 
20: EX-10.3.2   Amendment No. 1 to the Power Purchase Contract      HTML     28K 
38: EX-10.3.20  Interconnection Facilities Agreement                HTML     33K 
39: EX-10.3.21  Interconnection Facilities Agreement                HTML     34K 
40: EX-10.3.22  Interconnection Agreement                           HTML     28K 
41: EX-10.3.23  Plant Connection Agreement                          HTML     54K 
42: EX-10.3.24  Plant Connection Agreement                          HTML     52K 
43: EX-10.3.25  Transmission Service Agreement                      HTML     57K 
44: EX-10.3.26  Plant Connection Agreement                          HTML     49K 
45: EX-10.3.27  Plant Connection Agreement                          HTML     53K 
46: EX-10.3.28  Plant Connection Agreement                          HTML     55K 
47: EX-10.3.29  Plant Connection Agreement                          HTML     56K 
21: EX-10.3.3   Power Purchase Contract                             HTML    105K 
48: EX-10.3.30  Plant Connection Agreement                          HTML     56K 
49: EX-10.3.31  Transmission Service Agreement                      HTML     58K 
50: EX-10.3.32  Transmission Service Agreement                      HTML     58K 
51: EX-10.3.33  Transmission Service Agreement                      HTML     62K 
52: EX-10.3.34  Transmission Service Agreement                      HTML     60K 
53: EX-10.3.35  Plant Amendment No. 1                               HTML     26K 
54: EX-10.3.36  Bot Agreement                                       HTML    237K 
55: EX-10.3.37  First Amendment to Leyte Optimization Project Bot   HTML     32K 
56: EX-10.3.38  2nd Amendment to Leyte Optimization Project Bot     HTML     36K 
22: EX-10.3.4   Power Purchase and Sales Agreement                  HTML    102K 
23: EX-10.3.5   Amendment #1 to Power Purchase and Sales Agreement  HTML     45K 
24: EX-10.3.6   Settlement Agreement                                HTML     35K 
25: EX-10.3.7   Power Purchase Contract Dtd 4/16/85                 HTML    147K 
26: EX-10.3.8   Amendment No. 1 Dtd 10/23/87                        HTML     30K 
27: EX-10.3.9   Amendment No. 2 Dtd 7/27/90                         HTML     41K 
57: EX-10.4.1   Ormesa Blm Geothermal Resources Lease               HTML     63K 
66: EX-10.4.10  Lease Agreement, Dated 3/11/64                      HTML     59K 
67: EX-10.4.11  Lease Agreement, Dated 2/16/64                      HTML     58K 
68: EX-10.4.12  Lease Agreement, Dated 3/17/64                      HTML     48K 
69: EX-10.4.13  Lease Agreement, Dated 2/16/64                      HTML     63K 
70: EX-10.4.14  Lease Agreement, Dated 2/20/64                      HTML     60K 
71: EX-10.4.15  Lease Agreement, Dated 7/1/71                       HTML     55K 
72: EX-10.4.16  Lease Agreement, Dated 2/28/64                      HTML     56K 
73: EX-10.4.17  Lease Agreement, Dated 4/7/72                       HTML     58K 
74: EX-10.4.18  Geothermal Lease Agreement, Dated 7/18/79           HTML     64K 
75: EX-10.4.19  Lease Agreement                                     HTML     63K 
58: EX-10.4.2   Ormesa Blm License for Electric Power Plant         HTML     34K 
76: EX-10.4.20  Lease Agreement, Dated 6/14/71                      HTML     54K 
77: EX-10.4.21  Lease Agreement                                     HTML     62K 
78: EX-10.4.22  Lease Agreement, Dated 6/2/71                       HTML     52K 
79: EX-10.4.23  Geothermal Lease Agreement                          HTML     54K 
80: EX-10.4.24  Geothermal Lease Agreement, Dated 8/31/83           HTML     92K 
81: EX-10.4.25  Lease Agreement                                     HTML     54K 
59: EX-10.4.3   Geothermal Resources Mining Lease, Dated 2/20/81    HTML    124K 
60: EX-10.4.4   Geothermal Lease Agreement, Dated 10/20/75          HTML     36K 
61: EX-10.4.5   Geothermal Lease Agreement                          HTML     67K 
62: EX-10.4.6   Geothermal Resources Lease, Dated 11/18/83          HTML     61K 
63: EX-10.4.7   Lease Agreement, Dated 11/1/69                      HTML     61K 
64: EX-10.4.8   Lease Agreement, Dated 9/22/76                      HTML     49K 
65: EX-10.4.9   Lease Agreement, Dated 2/17/77                      HTML     77K 
82: EX-10.5.1   Engineering, Procurement and Construction Contract  HTML    188K 
83: EX-10.5.2   Amendment No. 1 to Engineering, Procurement         HTML     37K 
84: EX-10.5.3   Engineering, Procurement and Construction Contract  HTML    295K 
85: EX-10.5.4   Patent License Agreement                            HTML     39K 
86: EX-21.1     Subsidiaries                                        HTML     22K 
87: EX-23.1     Consent of Independent Accountants                  HTML     22K 
88: EX-99.1     Blm Geothermal Resources Leases                     HTML     21K 
89: EX-99.2     Blm Site Leases                                     HTML     20K 


EX-10.3.29   —   Plant Connection Agreement
Exhibit Table of Contents

Page (sequential) | (alphabetic) Top
 
11st Page   -   Filing Submission
1619 Non-Waiver

This exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]

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Exhibit 10.3.29 89A.1 GEOOC2 03-02-89 EXECUTION COPY PLANT CONNECTION AGREEMENT FOR THE GEO EAST MESA LIMITED PARTNERSHIP UNIT NO. 2 BETWEEN IMPERIAL IRRIGATION DISTRICT AND GEO EAST MESA LIMITED PARTNERSHIP EXECUTION COPY 03-02-89
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TABLE OF CONTENTS ----------------- SECTION TITLE PAGE ------- ----- ---- 1 PARTIES . . . . . . . . . . . . . . . . . . 1 2 RECITALS . . . . . . . . . . . . . . . . . . 1 3 AGREEMENT . . . . . . . . . . . . . . . . . . 2 4 DEFINITIONS . . . . . . . . . . . . . . . . . 2 5 EFFECTIVE DATE AND TERM . . . . . . . . . . . . . . 3 6 CONNECTION OF PLANT . . . . . . . . . . . . . . . 3 7 ELECTRIC SERVICE TO PRODUCER . . . . . . . . . . . . . 3 8 METERING OF ENERGY DELIVERIES . . . . . . . . . . . . . 3 9 PRODUCER'S DELIVERY AND IID ACCEPTANCE OF ENERGY FROM PLANT . . . . . 3 10 PRODUCER'S GENERAL OBLIGATIONS . . . . . . . . . . . . . 4 11 IID'S GENERAL OBLIGATIONS . . . . . . . . . . . . . . 5 12 BILLING . . . . . . . . . . . . . . . . . . 6 13 AUTHORIZED REPRESENTATIVES . . . . . . . . . . . . . 6 14 METERS . . . . . . . . . . . . . . . . . . 7 15 CONTINUITY OF SERVICE . . . . . . . . . . . . . . 8 16 LIABILITY . . . . . . . . . . . . . . . . . 9 17 UNCONTROLLABLE FORCES . . . . . . . . . . . . . . 10 18 INTEGRATION AND AMENDMENTS . . . . . . . . . . . . . 11 19 NON-WAIVER . . . . . . . . . . . . . . . . . 11 20 NO DEDICATION OF FACILITIES . . . . . . . . . . . . . 12 21 SUCCESSORS AND ASSIGNS . . . . . . . . . . . . . . 12
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22 EFFECT OF SECTION HEADINGS . . . . . . . . . . . . . 12 23 GOVERNING LAW . . . . . . . . . . . . . . . . 13 24 ARBITRATION . . . . . . . . . . . . . . . . . 13 25 ENTIRE AGREEMENT . . . . . . . . . . . . . . . 15 26 NOTICES . . . . . . . . . . . . . . . . . . 15 27 SEVERAL OBLIGATIONS . . . . . . . . . . . . . . . 15 28 SIGNATURE CLAUSE . . . . . . . . . . . . . . . 16 ATTACHMENTS ----------- EXHIBIT "A" - RATE SCHEDULES GL AND A2 . . . . . . . . 17 EXHIBIT "B" - METERING ONE-LINE DIAGRAM . . . . . . . 21 EXHIBIT "C" - FUNDING AND CONSTRUCTION AGREEMENT HEBER-MIRAGE TRANSMISSION PROJECT . . . . . 22 ii
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1. PARTIES ------- The parties to this Agreement are IMPERIAL IRRIGATION DISTRICT ("IID"), organized under the Water Code of the State of California and GEO EAST MESA LIMITED PARTNERSHIP ("Producer"), hereinafter referred to individually as "Party", and collectively as "Parties". 2. RECITALS -------- 2.1 Producer intends to construct and operate, as owner or lessee, a megawatt generating facility with a maximum 27.5 megawatt net operating capacity at the East Mesa (KGRA), Imperial County, California, and to sell the Plant electrical output to Southern California Edison Company ("SCE"). 2.2 SCE entered into the Power Purchase Agreement dated May 20, 1988, ("Purchase Agreement") with Producer, to purchase all the electrical output from the Plant. 2.3 SCE and Producer agree that the terms and conditions regarding transmission of the Plant's Energy to an IID/SCE point of interconnection shall be pursuant to a Transmission Service Agreement to be entered into between IID and Producer. 2.4 Since the Plant will be built in the IID service territory, it will be convenient to connect the Plant to the IID electric system. Producer hereby grants the IID the right to enter the Plant site for any reasonable purposes connected with this Agreement, by previous arrangements with the Plant manager. Those reasonable purposes include maintenance and repairs to IID equipment in Producer's facilities, observing tests of said facilities, reading of kilowatt-hour meters, and the like. 2.5 Producer desires to purchase and IID desires to sell the electrical energy necessary to satisfy the operation and maintenance power consumption requirements of the Plant for the life of the Plant that is not normally generated by the Plant itself, or portable generating equipment.
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2.6 The Parties desire, by means of this Agreement, to interconnect the Plant to the IID electrical system and to establish the terms, conditions and obligations of the Parties relating to such interconnection. 3. AGREEMENT --------- The Parties agree as follows: 4. DEFINITIONS ----------- 4.1 Agreement: This Plant Connection Agreement between IID and Producer, and all Exhibits hereto, as may be amended from time to time. 4.2 Authorized Representative: The representative of a Party designated accordance with Section 13. 4.3 Energy: Electric energy in excess of Producer's electric energy requirements, expressed in kilowatt-hours, generated by the Plant and measured and delivered to the Point of Delivery. 4.4 Funding and Construction Agreement: An agreement entered into by IID and others dated June 29, 1987, providing for the funding and construction of the Heber-Mirage Transmission Project, to which a form of this Agreement is attached as Exhibit C. 4.5 Operation Date: The day on which the Plant Energy is first accepted by IID for delivery to SCE. 4.6 Plant: A maximum of 27.5 MW net operating capacity Geothermal facility operated by Producer, as owner or lessee, including all associated equipment and improvements necessary for generating electric energy and transmitting it to the high voltage side of the power transformer. 2
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4.7 Point of Delivery: The point on the high voltage side of Producer's switchyard where IID's metering equipment measures the delivery of Energy to the IID system as shown on Exhibit "B". 4.8 System Emergency: A condition on IID's system which is likely to result in imminent significant disruption of service to customers or is imminently likely to endanger life or property. 5. EFFECTIVE DATE AND TERM ----------------------- This Agreement shall become effective upon the Operation Date of the Plant, and shall remain in effect until the earlier of (i) April 15, 2015, or (ii) thirty six (36) months from the date the Plant has ceased to operate at the option of IID. It is understood that (i) if the Completion Date, as the term Completion Date is defined in Article I of Funding and Construction Agreement does not occur, or (ii) if the Operation Date does not occur within five (5) years after the date this Agreement was executed, this Agreement shall be of no force or effect. 6. CONNECTION OF PLANT ------------------- 6.1 Producer may electrically connect its Plant, in accordance with the provisions of this Agreement, so that it can operate in parallel with the IID electric system. Parallel operation will not commence until IID has inspected and approved the interconnection facilities and operational procedures. 6.2 Notwithstanding the provision that Producer has furnished the high voltage switchyard complete, including the high voltage oil circuit breakers and disconnect switches, the control of the high voltage oil circuit breakers and disconnect switches shall be under the control of the IID dispatcher. 3
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7. ELECTRIC SERVICE TO PRODUCER ---------------------------- IID shall provide electric service to Producer pursuant to Section 12. 8. METERING OF ENERGY DELIVERIES ----------------------------- Metering for electric service to Producer and for energy deliveries by Producer to IID for delivery to SCE shall be at the Point of Delivery as shown on Exhibit "B." Four meters shall be installed which shall measure and record flows in each direction as shown on Exhibit "B." 9. PRODUCER'S DELIVERY AND IID ACCEPTANCE OF ENERGY FROM PLANT ----------------------------------------------------------- Whenever electric output from the Plant exceeds Producer's power requirements, Producer shall deliver all such excess output to IID for delivery to SCE and IID shall accept such output for delivery to SCE and deliver such output to SCE pursuant to a transmission service agreement to be entered into between Producer and IID. 10. PRODUCER'S GENERAL OBLIGATIONS ------------------------------ Producer shall: 10.1 Operate the Plant in a manner consistent with applicable electric utility industry standards, good engineering practice, and without degradation of quality or reliability of service to IID customers. 10.2 Deliver the Plant's net electrical output to IID for the account of SCE at the Point of Delivery. 10.3 Each Party shall provide the reactive kilovolt-ampere (KVA) requirements of its own system so that there will be no interchange of reactive KVA between systems. The Parties shall cooperate to control the flow of reactive KVA to prevent the introduction of objectionable operating conditions on the system of either Party. 4
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10.4 Coordinate, to the greatest extent practicable, major overhaul and inspection outages of the Plant with IID. 10.5 Give IID a written schedule on or before June 1, and December 1, each year of the estimated amounts and rates of delivery of energy to be delivered to IID for the account of SCE at the Point of Delivery during each month of the succeeding twelve-month (12) period commencing July 1, and January 1. 10.6 Give IID a written schedule on or before the fifteenth (15th) day of each month of the estimated amounts and rates of delivery of energy to be delivered to IID for the account of SCE at the Point of Delivery during each day of the succeeding calendar month. 10.7 Give IID a schedule on or before 12:01 p.m. on Tuesday of each seven-day (7) period of the estimated amounts and rates of delivery of energy to be delivered to IID for the account of SCE at the Point of Delivery during each hour of the succeeding seven-day (7) period commencing at 12:01 a.m. on the following Monday; provided, however, that if any changes in the hourly deliveries so scheduled become necessary, Producer shall notify IID of such changes as far in advance as possible. 10.8 Provide IID any reasonable rights-of-way and access required for testing and reading of meters by previous arrangement with the Plant manager. 10.9 Carry out the directions of the Authorized Representatives with respect to the matters set forth in this Agreement. 11. IID'S GENERAL OBLIGATIONS ------------------------- IID shall: 11.1 Design, acquire, construct, operate and maintain, or cause to be designed, acquired, constructed, operated and maintained, and shall own, a connecting transmission line between 5
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IID's transmission system and the Plant. Following the completion of such line, IID may bill and Producer shall pay IID's costs of designing, acquiring and constructing such line. Producer shall have the right to audit IID's records and accounts to verify the cost of such line. 11.2 Accept the Plant's net electrical output for the account of SCE at the Point of Delivery and simultaneously deliver an equal amount of electric energy (less applicable transmission losses) to the SCE system at IID/SCE point(s) of interconnection. 11.3 Coordinate, to the greatest extent practicable, major overhaul and inspection outages of IID transmission facilities with Producer and notify Producer of any changes as far in advance as possible. 11.4 Carry out the directions of the Authorized Representative with respect to the matters set forth in this Agreement. 11.5 Operate its system in a manner consistent with applicable utility industry standards and good engineering practices. 12. BILLING ------- 12.1 IID shall read the meters monthly according to its regular meter reading schedule beginning no more than thirty (30) days after the date that electric energy is first supplied to Producer. IID monthly shall send Producer within ten (10) working days after the meter is read a bill for electric service. Producer shall pay IID the total amount billed within thirty (30) days of receipt of the bill. 12.2 IID shall bill Producer for Producer's consumption of energy from IID's resources in accordance with Rate Schedule GL or Rate Schedule A-2, as applicable, as it may be revised from time to time. Copies of current Rate Schedule GL and current Rate Schedule A-2 are attached as Exhibit "A." 6
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12.3 If Producer disputes a bill, payment shall be made as if no dispute existed pending resolution of the dispute by the Authorized Representatives. If the bill is determined to be in error, the disputed amount shall be refunded by IID including interest at the rate of one and one-half percent (1 1/2%) per month, compounded monthly, from the date of payment to the date the refund check or adjusted bill is mailed. 13. AUTHORIZED REPRESENTATIVES -------------------------- 13.1 Within thirty (30) days after the date this Agreement is signed, each Party shall designate, by written notice to the other Party, an Authorized Representative who is authorized to act in its behalf in the implementation of this Agreement and with respect to those matters contained herein which are the functions and responsibilities for the Authorized Representatives. Either Party may, at any time, change the designation of it Authorized Representative by written notice to the other Party. 13.2 IID's Authorized Representative shall develop detailed written procedures necessary and convenient to administer this Agreement within six (6) months after the date signed. Such procedures shall be submitted to Producer's Authorized Representative for review, comment, discussion and concurrence before they are put into effect. Such procedures shall include, without limitation: (i) communication between Producer and IID's electric system dispatcher with regard to daily operating matters, (ii) billing and payments, (iii) specified equipment tests, and (iv) operating matters which affect or may affect quality and reliability of service to electric customers and continuity of deliveries to SCE. 13.3 The Authorized Representative shall have no authority to modify any of the provisions of this Agreement. 7
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14. METERS ------ 14.1 All meters shall be sealed and the seal shall be broken only upon occasions when the meters are to be inspected, tested or adjusted. 14.2 IID shall inspect and test all meters upon their installation and at least once every year thereafter. If requested to do so by Producer, IID shall inspect or test a meter more frequently than every year, but the expense of such inspection or test shall be paid by Producer unless the meter is found to register inaccurately by more than two percent (2%) from the measurement made by a standard meter. Each Party shall give reasonable notice to the other Party of the time when any inspection or test shall take place and that Party may have representatives present at the test or inspection. If a meter is found to be inaccurate or defective, it shall be adjusted, repaired or replaced in order to provide accurate metering. All adjustments due to inaccurate meters shall be limited to the preceding six (6) months. 14.3 If a meter fails to register, or if the measurement made by a meter during a test varies by more than two percent (2%) from the measurement made by the standard meter used in the test, adjustment shall be made correcting all measurements made by the inaccurate meter for: (i) the actual period during which inaccurate measurements were made, if the period can be determined, or if not, (ii) the period immediately preceding the test of the meter equal to one-half (1/2) the time from the date of the last previous test of the meter; provided, however, that the period covered by the correction shall not exceed six (6) months. 14.4 Producer shall telemeter information to IID's Dispatch Center regarding the kilowatts, kilowatt-hours, kilovars and kilovar-hours delivered to or received from IID at the Point of Delivery over phone line leased by Producer. 8
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IID shall purchase, own, and shall design, install, operate, maintain, or cause to be designed, installed, operated, and maintained, equipment to automatically transmit from the Plant to IID's Dispatch Center continuous values of Plant output expressed as megawatts, megavars and megawatt-hours. IID may thereupon bill and Producer shall promptly pay IID's cost of design, purchase and installation of said equipment. Producer shall have the right to audit IID's records and accounts to verify the cost of said equipment. 15. CONTINUITY OF SERVICE --------------------- IID shall not be obligated to accept and IID may require Producer to temporarily curtail, interrupt or reduce deliveries of energy upon advance notice to Producer, when such curtailment, interruption or reduction is required in order for IID to construct, install, maintain, repair, replace, remove, investigate or inspect any of its equipment or any part of its system or if IID determines that such curtailment, interruption or reduction is necessary because of a System Emergency, forced outages or abnormal operating conditions on its system. IID shall use reasonable efforts to keep interruptions and curtailments to a minimum time. 16. LIABILITY --------- 16.1 Except for any loss, damage, claim, costs, charge or expense resulting from Willful Action, neither Party (the "released Party"), its directors or other governing body, officers or employees shall be liable to the other Party for any loss, damage, claim, cost, charge, or expense of any kind or nature incurred by the other Party (including direct, indirect or consequential loss, damage, claim, cost, charge or expense; and whether or not resulting from the negligence of a Party, its directors or other governing body, officers, employees or any person or entity whose negligence would be imputed to a Party) from engineering, repair, supervision, inspection, testing, protection, operation, maintenance, replacement, reconstruction, use or ownership of the 9
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released Party's electrical system, Plant(s) or associated facilities in connection with the implementation of this Agreement. Except for any loss, damage, claim, cost, charge or expense resulting from Willful Action, each Party releases the other Party, its directors or other governing body, officers and employees from any such liability. 16.2 For the purpose of this Section 16, Willful Action shall be defined as action taken or not taken by a Party at the direction of its directors or other governing body, officers or employees having management or administrative responsibility affecting its performance under this Agreement, as follows: 16.2.1 Action which is knowingly or intentionally taken or not taken with conscious indifference to the consequences thereof or with intent that injury or damage would result or would probably result therefrom. 16.2.2 Action which has been determined by final arbitration award or final judgment or judicial decree to be a material default under this Agreement and which occurs or continues beyond the time specified in such arbitration award or judgment or judicial decree for curing such default or, if no time to cure is specified therein, occurs or continues thereafter beyond a reasonable time to cure such default. 16.2.3 Action which is knowingly or intentionally taken or not taken with the knowledge that such action taken or not taken is a material default under this Agreement. 16.3 Willful Action does not include any act or failure to act which is merely involuntary, accidental or negligent. 16.4 The phrase "employees having management or administrative responsibility," as used in Section 16.2, means the employees of a Party who are responsible for one or more of the 10
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executive functions of planning, organizing, coordinating, directing, controlling and supervising such Party's performance under this Agreement with responsibility for results. 16.5 Subject to the foregoing provisions of this Section 16, each Party agrees to defend, indemnify and save harmless the other Party, its officers, agents, or employees against all losses, claims, demands, costs or expenses for loss of or damage to property, or injury or death of persons, which directly or indirectly arise out of the indemnifying Party's performance pursuant to this Agreement; provided, however, that a Party shall be solely responsible for any such losses, claims, demands, costs or expenses which result from its sole negligence or Willful Action. 17. UNCONTROLLABLE FORCES --------------------- Neither Party shall be considered to be in default in the performance of any of its obligations under this Agreement when a failure of performance shall be due to an uncontrollable force. The term "uncontrollable force" shall mean any cause beyond the control of the Party affected including, but not restricted to, failure of or threat of failure of facilities which have been maintained in accordance with generally-accepted engineering and operating practices in the electrical utility industry, flood, drought, earthquake, tornado, storm fire, pestilence, lightning and other natural catastrophes, epidemic, war, riot, civil disturbance or disobedience, strike, labor dispute, labor or material shortage, sabotage, government priorities and restraint by court order or public authority (whether valid or invalid) and actions or nonaction by or inability to obtain or keep the necessary authorizations or approvals from any governmental agency or authority, which by exercise of due diligence such Party could not reasonably have been expected to avoid and which by exercise of due diligence it has been unable to overcome. Nothing contained herein shall be construed as to require a Party to settle any strike or labor dispute in which it may be 11
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involved. Either Party rendered unable to fulfill any of its obligations under this Agreement by reason of an uncontrollable force shall give prompt written notice of such fact to the other Party and shall exercise due diligence to remove such inability with all reasonable dispatch. 18. INTEGRATION AND AMENDMENTS -------------------------- This Agreement constitutes the entire agreement between the Parties relating to the interconnection of Producer's Plant to IID's electric system, the acceptance of energy by IID from Producer and the providing of electric service by IID. No oral agreement or prior written agreement between the Parties shall be of any effect whatsoever; provided, however, that any arrangements agreed upon by the Authorized Representatives within the limits of their authority, and consistent with this Agreement shall be binding upon the Parties. All changes to this Agreement shall be in writing and shall be signed by an officer of each Party. 19 NON-WAIVER ---------- None of the provisions of this Agreement shall be considered waived by either Party except when such waiver is given in writing. The failure of either Party to insist in any one or more instances upon strict performance of any of the provisions of this Agreement or to take advantage of any of its rights hereunder shall not be construed as a waiver of any such provisions or the relinquishment of any such rights for the future; but the same shall continue and remain in full force and effect. 20. NO DEDICATION OF FACILITIES --------------------------- Any undertaking by one Party to the other Party under any provision of this Agreement shall not constitute the dedication of the system or any portion thereof by the Party to the public or to the other Party, and it is understood and agreed that any such undertaking under any 12
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provision of this Agreement by a Party shall cease upon the termination of its obligations hereunder. 21. SUCCESSORS AND ASSIGNS ---------------------- 21.1 This Agreement shall be binding upon and inure to the benefit of the respective successors and assigns of the Parties. 21.2 This Agreement may be assigned by Producer only (i) to a purchaser or co-owner of the Plant or to a person who will operate the Plant pursuant to a contract or other arrangement with such purchaser and in either case with the prior written consent of IID (which shall not be unreasonably withheld) or (ii) for security purposes, to a bank or other entity which provides financing for the Plant or any electrical transmission facilities associated therewith. Producer and IID agree that nothing in this Section 21.2 may be amended, modified or waived without the prior written consent of each and every Party to the Funding and Construction Agreement (except for any Parties in default thereunder.) 22. EFFECT OF SECTION HEADINGS -------------------------- Section heading appearing in this Agreement are inserted for convenience only, and shall not be construed as interpretations of text. 23. GOVERNING LAW ------------- This Agreement shall be interpreted, governed and construed under the laws of the State of California or the laws of the United States, as applicable. 24. ARBITRATION ----------- 24.1 Any dispute arising out of or relating to this Agreement, or the breach thereof, which is not resolved by the Parties acting through their Authorized Representatives shall be settled by arbitration to the extent permitted by the laws applicable to the Parties; provided, 13
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however, that no Party to the dispute shall be bound to any greater extent than any other Party to the dispute. Arbitration shall not apply to any dispute or matter that is within the jurisdiction of any regulatory agency. 24.2 Any demand for arbitration shall be made by written notice ot the other Party setting forth in adequate detail the nature of the dispute, the issues to be arbitrated, the amount or amounts, if any, involved in t he dispute, and the remedy sought. Within twenty (20) drays from the receipt of such notice, the other Party may submit its own written statement of the dispute and may set forth in adequate detail any additional related matters or issues to be arbitrated. 24.3 Within thirty (30) days after delivery of the written notice demanding arbitration the Parties acting through their Authorized Representatives shall meet for the purpose of selecting an arbitrator. The Parties may agree upon a singe arbitrator, but in the event that they cannot agree, three arbitrators shall be used. Each Party shall designate one arbitrator, and the two arbitrators shall then select a third arbitrator. All arbitrators hall be persons skilled and experienced in the field in which the dispute has arisen and no person shall be eligible for appointment as an arbitrator who is or has been an officer or employee of either of the Parties or otherwise interested in the matter to be arbitrated. Should either party refuse or neglect to appoint an arbitrator or to furnish the arbitrators with any papers or information demanded, the arbitrators are empowered, by both Parties, to proceed without the participation or assistance of that Party. 24.4 Except as otherwise provided in this Section, the arbitration shall be governed by the rules and practices of the American Arbitration Association, or a similar organization if the American Arbitration Association should not at the time exist. 24.5 Arbitration proceedings shall be held in Imperial, California, at a time and place to be selected by the arbitrators. The arbitrators shall hear evidence submitted by the Parties and 14
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may call for additional information which shall be furnished by the Party having such information. The arbitrators shall have no authority to call for information not related to the issues included in the dispute or to determine other issues not in dispute. 24.6 If there is only one arbitrator, his decision shall be binding and conclusive on the Parties. If there are three arbitrators, the decision of any two shall be binding and conclusive. The decision of the arbitrators shall contain findings regarding the issues involved in the dispute, including the merits of the positions of the Parties, the materiality of any default, and the remedy or relief to which a Party shall be entitled. The arbitrators may not grant any remedy or relief which is inconsistent with this Agreement, nor shall be arbitrators make findings or decide issues not in dispute. 24.7 The fees and expenses of the arbitrators shall be shared equally by the Parties, unless the decision of the arbitrators specifies some other apportionment. All other expenses and costs of the arbitration shall be borne by the Party incurring such expenses and costs. 24.8 Any decision or award granted by the arbitrators shall be final and judgment may be entered on it in any court of competent jurisdiction. This agreement to arbitrate shall be specifically enforceable. 25. ENTIRE AGREEMENT ---------------- 25.1 The complete agreement of the Parties is set forth in this Agreement and all communications regarding subject interconnected operations whether oral or written, are hereby abrogated and withdrawn. 15
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26. NOTICES ------- Any formal communication or notice in connection with this Agreement shall be in writing and shall be deemed properly given if delivered in person or sent first class mail, postage prepaid to the person specified below: GEO EAST MESA LIMITED PARTNERSHIP P.O. Box 748 Holtville, CA 92250 IMPERIAL IRRIGATION DISTRICT c/o General Manager P. O. Box 937 Imperial, California 92251 27. SEVERAL OBLIGATIONS ------------------- Except where specifically stated in this Agreement to be otherwise, the duties, obligations and liabilities of the Parties are intended to be several and not joint or collective. Nothing contained in this Agreement shall ever be construed to create an association, trust, partnership, or joint venture, or impose a trust or partnership duty, obligation or liability on or with regard to either Party. Each Party shall be individually and severally liable for its own obligations under this Agreement. 28. SIGNATURE CLAUSE ---------------- The Parties have caused this Agreement to be executed in their respective names, in duplicate, by their respective officers hereunto this 21st day of March, 1989. GEO EAST MESA LIMITED PARTNERSHIP By /s/ Indecipherable ----------------------------------- 3-16-89 16
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ATTEST: By /s/ Indecipherable -------------------------------- Secretary IMPERIAL IRRIGATION DISTRICT By /s/ Indecipherable --------------------------------------- President, Board of Directors ATTEST: By /s/ Larry E. Beck --------------------------------- Secretary 17

Dates Referenced Herein

Referenced-On Page
This ‘S-1’ Filing    Date First  Last      Other Filings
4/15/157None on these Dates
Filed as of:7/21/04
Filed on:7/20/04
 List all Filings 


5 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/23/24  Ormat Technologies, Inc.          10-K       12/31/23  139:27M                                    RDG Filings/FA
 2/24/23  Ormat Technologies, Inc.          10-K       12/31/22  140:25M                                    RDG Filings/FA
 6/06/22  Ormat Technologies, Inc.          S-8         6/06/22    4:114K                                   RDG Filings/FA
 2/26/21  Ormat Technologies, Inc.          10-K       12/31/20  144:33M                                    RDG Filings/FA
11/16/20  Ormat Technologies, Inc.          S-3ASR     11/16/20    5:826K                                   RDG Filings/FA
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