0000898430-03-001971 Sample Contracts

EMPLOYMENT SEPARATION AGREEMENT
Employment Separation Agreement • March 19th, 2003 • Hawaiian Electric Industries Inc • Electric services • Hawaii

This Agreement by and between ROBERT F. MOUGEOT (“Employee”) and HAWAIIAN ELECTRIC INDUSTRIES (“HEI”), and its subsidiary and affiliated entities and the shareholders, directors, officers, employees and agents of HEI and its subsidiary and affiliated entities (collectively referred to as “Employer”) is effective as of the date described in Section 7 below and sets forth the rights and obligations of the parties arising from Employee’s recruitment for, employment with, and separation from employment with Employer as of the date of the last signatory to this Agreement.

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Contract
Hawaiian Electric Industries Inc • March 19th, 2003 • Electric services

HECO agrees to furnish to the Securities and Exchange Commission upon request copies of the instruments which define the rights of holders of current and future long-term debt of HECO, HELCO and MECO, including loan agreements, notes and guarantees issued by them in connection with the issuance for their benefit by the Department of Budget and Finance of the State of Hawaii of special purpose revenue bonds (including refunding special purpose revenue bonds).

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