0001193125-05-159420 Sample Contracts

HAWAIIAN ELECTRIC INDUSTRIES, INC. STOCK APPRECIATION RIGHT AGREEMENT WITH DIVIDEND EQUIVALENTS
Stock Appreciation Right Agreement • August 8th, 2005 • Hawaiian Electric Co Inc • Electric services • Hawaii

THIS AGREEMENT, dated effective as of «Date», is made by and between Hawaiian Electric Industries, Inc., a Hawaii corporation hereinafter referred to as the “Company,” and «Name», an employee of the Company or of a Subsidiary of the Company, hereinafter referred to as the “Employee.”

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RESTRICTED STOCK AGREEMENT PURSUANT TO THE 1987 STOCK OPTION AND INCENTIVE PLAN OF HAWAIIAN ELECTRIC INDUSTRIES, INC.
Restricted Stock Agreement • August 8th, 2005 • Hawaiian Electric Co Inc • Electric services • Hawaii

This Restricted Stock Agreement (this “Restricted Stock Agreement”) is made and entered into as of (the “Date of Grant”), by and between Hawaiian Electric Industries, Inc., a Hawaii corporation (the “Company”), and (the “Participant”). Capitalized terms not defined herein shall have the meanings assigned to them in the 1987 Stock Option and Incentive Plan of Hawaiian Electric Industries, Inc., as amended (the “Plan”).

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