EXCHANGE AGREEMENT by and between CENTRAL PACIFIC FINANCIAL CORP. and THE UNITED STATES DEPARTMENT OF THE TREASURY Dated as of February 17, 2011Exchange Agreement • February 22nd, 2011 • Central Pacific Financial Corp • State commercial banks • New York
Contract Type FiledFebruary 22nd, 2011 Company Industry JurisdictionEXCHANGE AGREEMENT, dated as of February 17, 2011 (this “Agreement”) by and between Central Pacific Financial Corp., a Hawaii corporation (the “Company”), and the United States Department of the Treasury (the “Investor”). All capitalized terms used herein and not otherwise defined shall have the respective meanings ascribed to them in the Securities Purchase Agreement.