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. (to Note Purchase Agreement) EXISTING LIENS Debtor Secured Party Jurisdiction UCC File Number UCC File Date Collateral Description 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 SCHEDULE 10.3 (to Note Purchase Agreement) Hawaii Electric Light South City Bank (secured party) & Central Leasing Corporation (additional secured party) Hawaii A-43741113 12/23/2011 Lease AgreementFor Equipment (Flex Pay Collar and Meter & Cable) - approximate remaining balance $1,200.00. 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 $7,800.00. 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 $9,200.00. RESTRICTIVE AGREEMENTS The following restrictions and conditions exist on December 15, 2016:

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. (to Note Purchase Agreement) EXISTING LIENS Debtor Secured Party Jurisdiction UCC File Number UCC File Date Collateral Description Description* 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 SCHEDULE 10.3 (to Note Purchase Agreement) Hawaii Electric Light South City Bank (secured party) & Central Leasing Corporation (additional secured party) Hawaii A-43741113 12/23/2011 Lease AgreementFor Agreement For Equipment (Flex Pay Collar and Meter & Cable) - Cable)- approximate remaining balance $1,200.0016,800.00. 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 $7,800.0020,200. 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 $9,200.0011,500.00. RESTRICTIVE AGREEMENTS The following restrictions and conditions exist on December October 15, 20162015:

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. SCHEDULE 5.17 (to Note Purchase Agreement) EXISTING LIENS Debtor Secured Party Jurisdiction UCC File Number UCC File Date Collateral Description Description* 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 SCHEDULE 10.3 (to Note Purchase Agreement) 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 SCHEDULE 10.3 Hawaiian Electric Company, Inc. Xxxxxx Xxxxxxxxx Federal Government Receivables Trust (to Note Purchase Agreementas assignee of Xxxxxx Xxxxxxxxx DSM Funding LLC) – XXXX KOA) Hawaii 2005-094089 05/11/2005 All money due and to become due under a 2004 delivery order from a U.S. Navy ordering agency relating to an energy efficiency project—remaining balance, $253,000 Hawaiian Electric Light South City Bank (secured party) & Central Leasing Corporation (additional secured party) Hawaii A-43741113 12/23/2011 Lease AgreementFor Equipment (Flex Pay Collar and Meter & Cable) - approximate remaining balance $1,200.00. Hawaii 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 $7,800.00. 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 $9,200.00. period provided by applicable law RESTRICTIVE AGREEMENTS The following restrictions and conditions exist on December 15September 13, 20162012:

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. (to Note Purchase and Guaranty Agreement) EXISTING LIENS Debtor Secured Party Jurisdiction UCC File Number UCC File Date Collateral Description Description* 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 SCHEDULE 10.3 (to Note Purchase and Guaranty Agreement) Hawaii Electric Light South City Bank (secured party) & Central Leasing Corporation (additional secured party) Hawaii A-43741113 12/23/2011 Lease AgreementFor Agreement For Equipment (Flex Pay Collar and Meter & Cable) - Cable)- approximate remaining balance $1,200.0016,800.00. 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 $7,800.0020,200. 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 $9,200.0011,500.00. RESTRICTIVE AGREEMENTS The following restrictions and conditions exist on December October 15, 20162015:

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. (to Note Purchase and Guaranty Agreement) EXISTING LIENS Debtor Secured Party Jurisdiction UCC File Number UCC File Date Collateral Description Description* 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 SCHEDULE 10.3 (to Note Purchase and Guaranty Agreement) 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 SCHEDULE 10.3 (to Note Purchase Agreement) Hawaii Electric Light South City Bank (secured party) & Central Leasing Corporation (additional secured party) Hawaii A-43741113 12/23/2011 Lease AgreementFor Agreement For Equipment (Flex Pay Collar and Meter & Cable) - Cable)- approximate remaining balance $1,200.0016,800.00. 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 $7,800.0020,200. 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 $9,200.0011,500.00. RESTRICTIVE AGREEMENTS The following restrictions and conditions exist on December October 15, 20162015: