Common use of Public Utility Holding Company Act of 2005 Clause in Contracts

Public Utility Holding Company Act of 2005. Hawaiian Electric is a holding company within the meaning of the Public Utility Holding Company Act of 2005 and would be subject to the record retention, accounting and reporting requirements of that Act except that it obtained a waiver from those requirements shortly after the Act was adopted. Hawaiian Electric Hitachi Credit America Corp. (as assignee of Xxxxxx Xxxxxxxxx Hawaii Funding Corp.) Hawaii 2001-180919 11/19/2001 All money due and to become due under a 2001 task order with a U.S. Navy ordering agency, including all proceeds- approximate remaining balance $0.00. Hawaiian Electric X.X. Xxxxxx Leasing, Inc. (assignment) Hawaii 2004-085035 04/29/2004 All money due and to become due under a 2001 task order with a U.S. Navy ordering agency, including all proceeds- approximate remaining balance $0.00. Hawaiian Electric Hitachi Credit America Corp. Hawaii 2006-185362 10/10/2006 Continuation Statement of 2001-180919 continued for additional period provided by applicable law Hawaiian Electric X.X. Xxxxxx Leasing Inc. Hawaii 2006-192912 10/23/2006 Continuation Statement of 2001-180919 continued for additional period provided by applicable law Hawaiian Electric X.X. Xxxxxx Leasing Inc. Hawaii 2011-138648 08/30/2011 Continuation Statement of 2001-180919 continued for additional period provided by applicable law Hawaiian Electric Hitachi Credit America Corp. Hawaii 2011-194210 11/18/2011 Continuation Statement of 2001-180919 continued for additional period provided by applicable law Hawaii Electric Light South City Bank (secured party) & Central Leasing Corporation (additional secured party) Hawaii A-43741113 12/23/2011 Lease Agreement For Equipment (Flex Pay Collar and Meter & Cable)- approximate remaining balance $16,800.00. Hawaii Electric Light Bank of the West (secured party) & Pure Health Solutions, Inc. (assignor) Hawaii A-44840919 04/11/2012 Rental Agreement dtd 3/15/2012 (PWLR) - approximate remaining balance $20,200. Hawaii Electric Light First Partners Bank (secured party) & Central Leasing Corporation (additional secured party) Hawaii A-49240672 06/25/2013 Equipment Schedule “A” dated 12/20/12 to a Master Lease Agreement (Homeplug Native Assembly & Long Pin Meter Interface Cable) - approximate remaining balance $11,500.00. The following restrictions and conditions exist on October 15, 2015:

Public Utility Holding Company Act of 2005. Hawaiian Electric Company, Inc. is a holding company within the meaning of the Public Utility Holding Company Act of 2005 and would be subject to the record retention, accounting and reporting requirements of that Act except that it obtained a waiver from those requirements shortly after the Act was adopted. Hawaiian Electric Company, Inc. Hitachi Credit America Corp. Corp (as assignee of Xxxxxx Xxxxxxxxx Hawaii Funding Corp.) Hawaii 2001-180919 11/19/2001 All money due and to become coming due under a 2001 task order with a U.S. Navy ordering agency, including all proceeds- approximate agency for an energy efficiency project—remaining balance $0.00. 1.1 million Hawaiian Electric Company, Inc. X.X. Xxxxxx Leasing, Inc. (assignment) PHNSY – ECPs 1 & 3) Hawaii 2004-085035 04/29/2004 All money due and to become due under a 2001 task order with a U.S. Navy ordering agency, including all proceeds- approximate remaining balance $0.00. Assignment or partial assignment from Hitachi of foregoing financing arrangement Hawaiian Electric Company, Inc. Hitachi Credit America Corp. Hawaii 2006-185362 10/10/2006 Continuation Statement of 2001-180919 continued for additional period provided by applicable law Hawaiian Electric Company, Inc. X.X. Xxxxxx Leasing Inc. Hawaii 2006-192912 10/23/2006 Continuation Statement of 2001-180919 continued for additional period provided by applicable law Hawaiian Electric Company, Inc. X.X. Xxxxxx Leasing Inc. Hawaii 2011-138648 08/30/2011 Continuation Statement of 2001-180919 continued for additional period provided by applicable law Hawaiian Electric Company, Inc. Hitachi Credit America Corp. Hawaii 2011-194210 11/18/2011 Continuation Statement of 2001-180919 continued for additional period provided by applicable law Hawaii Hawaiian Electric Light South City Bank Company, Inc. Xxxxxx Xxxxxxxxx Federal Government Receivables Trust (secured partyas assignee of Xxxxxx Xxxxxxxxx DSM Funding LLC) & Central Leasing Corporation (additional secured party– XXXX KOA) Hawaii A-43741113 12/23/2011 Lease Agreement For Equipment (Flex Pay Collar 2005-094089 05/11/2005 All money due and Meter & Cable)- approximate to become due under a 2004 delivery order from a U.S. Navy ordering agency relating to an energy efficiency project—remaining balance balance, $16,800.00. Hawaii 253,000 Hawaiian Electric Light Bank of the West (secured party) & Pure Health SolutionsCompany, Inc. (assignor) Xxxxxx Xxxxxxxxx Federal Government Receivables Trust Hawaii A-44840919 04/11/2012 Rental Agreement dtd 3/15/2012 (PWLR) - approximate remaining balance $20,200. Hawaii Electric Light First Partners Bank (secured party) & Central Leasing Corporation (2010-047285 04/08/2010 Continuation Statement of 2005-094089 continued for additional secured party) Hawaii A-49240672 06/25/2013 Equipment Schedule “A” dated 12/20/12 to a Master Lease Agreement (Homeplug Native Assembly & Long Pin Meter Interface Cable) - approximate remaining balance $11,500.00. period provided by applicable law The following restrictions and conditions exist on October 15September 13, 20152012:

Public Utility Holding Company Act of 2005. Hawaiian Electric is a holding company within the meaning of the Public Utility Holding Company Act of 2005 and would be subject to the record retention, accounting and reporting requirements of that Act except that it obtained a waiver from those requirements shortly after the Act was adopted. Hawaiian Electric Hitachi Credit America Corp. (as assignee of Xxxxxx Xxxxxxxxx Hawaii Funding Corp.) Hawaii 2001-180919 11/19/2001 All money due and to become due under a 2001 task order with a U.S. Navy ordering agency, including all proceeds- proceeds - approximate remaining balance $0.00. Hawaiian Electric X.X. Xxxxxx Leasing, Inc. (assignment) Hawaii 2004-085035 04/29/2004 All money due and to become due under a 2001 task order with a U.S. Navy ordering agency, including all proceeds- proceeds - approximate remaining balance $0.00. Hawaiian Electric Hitachi Credit America Corp. Hawaii 2006-185362 10/10/2006 Continuation Statement of 2001-180919 continued for additional period provided by applicable law Hawaiian Electric X.X. Xxxxxx Leasing Inc. Hawaii 2006-192912 10/23/2006 Continuation Statement of 2001-180919 continued for additional period provided by applicable law Hawaiian Electric X.X. Xxxxxx Leasing Inc. Hawaii 2011-138648 08/30/2011 Continuation Statement of 2001-180919 continued for additional period provided by applicable law Hawaiian Electric Hitachi Credit America Corp. Hawaii 2011-194210 11/18/2011 Continuation Statement of 2001-180919 continued for additional period provided by applicable law Hawaii Electric Light South City Bank (secured party) & Central Leasing Corporation (additional secured party) Hawaii A-43741113 12/23/2011 Lease Agreement For AgreementFor Equipment (Flex Pay Collar and Meter & Cable)- Cable) - approximate remaining balance $16,800.001,200.00. Hawaii Electric Light Bank of the West (secured party) & Pure Health Solutions, Inc. (assignor) Hawaii A-44840919 04/11/2012 Rental Agreement dtd 3/15/2012 (PWLR) - approximate remaining balance $20,2007,800.00. Hawaii Electric Light First Partners Bank (secured party) & Central Leasing Corporation (additional secured party) Hawaii A-49240672 06/25/2013 Equipment Schedule “A” dated 12/20/12 to a Master Lease Agreement (Homeplug Native Assembly & Long Pin Meter Interface Cable) - approximate remaining balance $11,500.009,200.00. The following restrictions and conditions exist on October December 15, 20152016: