TERRITORIAL BANCORP INC. EMPLOYMENT AGREEMENT THIS AGREEMENT (the "Agreement") is made and entered into this 13th day of November, 2009, by and between Territorial Bancorp Inc., a corporation located at 1132 Bishop Street, 22nd Floor, Honolulu, Hawaii...Employment Agreement • November 18th, 2009 • Territorial Bancorp Inc. • Savings institution, federally chartered • Hawaii
TERRITORIAL BANCORP INC. EMPLOYMENT AGREEMENTEmployment Agreement • November 14th, 2008 • Territorial Bancorp Inc. • Hawaii
THIS AGREEMENT (the “Agreement”) is made and entered into this th day of , 2009, by and between Territorial Bancorp Inc., a corporation located at 1132 Bishop Street, 22nd Floor, Honolulu, Hawaii 96813 (the “Company”), and Ralph Nakatsuka (“Executive”).
TERRITORIAL SAVINGS BANK SUPPLEMENTAL EMPLOYEE RETIREMENT AGREEMENT FOR RALPH NAKATSUKASupplemental Employee Retirement Agreement • November 14th, 2008 • Territorial Bancorp Inc. • Hawaii
THIS AGREEMENT is adopted as of October 29, 2008, by and between TERRITORIAL SAVINGS BANK (the “Bank”), and Ralph Nakatsuka, Vice Chairman and Co-Chief Operating Officer of the Bank (the “Executive”).
TERRITORIAL SAVINGS BANK EMPLOYMENT AGREEMENTEmployment Agreement • November 14th, 2008 • Territorial Bancorp Inc. • Hawaii
THIS AGREEMENT is entered into this 29th day of October, 2008, by and between Territorial Savings Bank, located at 1132 Bishop Street, 22nd Floor, Honolulu, Hawaii 96813 (the “Bank”), and Vernon Hirata (“Executive”).
TERRITORIAL SAVINGS BANK SECOND AMENDMENT TO EMPLOYMENT AGREEMENT WITH ALLAN S. KITAGAWAEmployment Agreement • November 7th, 2014 • Territorial Bancorp Inc. • Savings institution, federally chartered
WHEREAS, Territorial Savings Bank (the “Bank”) has entered into an employment agreement (the “Employment Agreement”) with Allan S. Kitagawa (the “Executive”) on October 29, 2008; and
TERRITORIAL BANCORP INC. FIRST AMENDMENT TO EMPLOYMENT AGREEMENT WITH VERNON HIRATAEmployment Agreement • November 7th, 2014 • Territorial Bancorp Inc. • Savings institution, federally chartered
WHEREAS, Territorial Bancorp Inc. (the “Company”) has entered into an employment agreement (the “Employment Agreement”) with Vernon Hirata (the “Executive”) on November 13, 2009; and
FIRST AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • March 29th, 2011 • Territorial Bancorp Inc. • Savings institution, federally chartered • Hawaii
First Amendment, dated as of November 13, 2009 (the “Amendment”), to the Territorial Savings Bank Employment Agreement, dated as of October 29, 2008 (the “Employment Agreement”), by and between Territorial Savings Bank, located at 1132 Bishop Street, 22nd Floor, Honolulu, Hawaii 96813 (the “Bank”), and Allan S. Kitagawa (the “Executive”). Capitalized terms which are not defined herein shall have the same meaning as set forth in the Employment Agreement.
RESTRICTED STOCK AWARD Granted by TERRITORIAL BANCORP INC. under the TERRITORIAL BANCORP INC.Equity Incentive Plan • March 29th, 2011 • Territorial Bancorp Inc. • Savings institution, federally chartered
This restricted stock agreement (“Restricted Stock Award” or “Agreement”) is and shall be subject in every respect to the provisions of the 2010 Equity Incentive Plan (the “Plan”) of Territorial Bancorp Inc. (the “Company”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided to each person granted a Restricted Stock Award pursuant to the Plan. The holder of this Restricted Stock Award (the “Participant”) hereby accepts this Restricted Stock Award, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Committee appointed to administer the Plan (“Committee”) or the Board shall be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term “Company” shall
TERRITORIAL SAVINGS BANK AMENDMENT TO AMENDED AND RESTATED SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT FORSupplemental Executive Retirement Agreement • March 17th, 2023 • Territorial Bancorp Inc. • Savings institution, federally chartered
WHEREAS, Territorial Savings Bank (the "Bank") has entered into an amended and restated supplemental employee retirement agreement (the "SERP") with (the "Executive") as of October 29, 2008;
TERRITORIAL SAVINGS BANK EMPLOYMENT AGREEMENTTerritorial Savings Bank • November 14th, 2008 • Territorial Bancorp Inc. • Hawaii
THIS AGREEMENT (the “Agreement”) entered into this 29th day of October, 2008, by and between Territorial Savings Bank located at 1132 Bishop Street, 22nd Floor, Honolulu, Hawaii 96813 (the “Bank”), and Allan S. Kitagawa (“Executive”).
TERRITORIAL BANCORP INC. up to 10,637,500 Shares (subject to increase up to 12,233,125 shares) COMMON SHARES ($.01 Par Value) Subscription Price $10.00 Per Share AGENCY AGREEMENT May 14, 2009Agency Agreement • May 20th, 2009 • Territorial Bancorp Inc. • Savings institution, federally chartered • New York
FORM OF Restricted Stock AwardEquity Incentive Plan • March 9th, 2020 • Territorial Bancorp Inc. • Savings institution, federally chartered • Hawaii
This restricted stock agreement (“Restricted Stock Award” or “Agreement”) is and will be subject in every respect to the provisions of the 2019 Equity Incentive Plan (the “Plan”) of Territorial Bancorp Inc. (the “Company”), which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan and Plan prospectus has been provided to each person granted a Restricted Stock Award pursuant to the Plan. The holder of this Restricted Stock Award (the “Participant”) hereby accepts this Restricted Stock Award, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the committee appointed to administer the Plan (“Committee”) or the Board of Directors will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Capitalized terms used in this Agreem
TERRITORIAL SAVINGS BANK AMENDED AND RESTATED EXECUTIVE DEFERRED INCENTIVE AGREEMENTExecutive Deferred Incentive Agreement • November 14th, 2008 • Territorial Bancorp Inc. • Hawaii
THIS AMENDED AND RESTATED EXECUTIVE DEFERRED INCENTIVE AGREEMENT (the “Agreement”) is entered into as of January 1, 2008, by and between TERRITORIAL SAVINGS BANK, a federally-chartered savings bank located in Honolulu, Hawaii (the “Bank”), and VERNON H. HIRATA (the “Executive”).
FORM OFEquity Incentive Plan • March 9th, 2020 • Territorial Bancorp Inc. • Savings institution, federally chartered
This stock option agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the 2019 Equity Incentive Plan (the “Plan”) of Territorial Bancorp Inc. (the “Company”), which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan and Plan prospectus has been provided to each person granted a stock option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts this Option, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the committee appointed to administer the Plan (“Committee”) or the Board of Directors will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Capitalized terms used in this Agreement but not defined will have the same meaning as in the Plan.
TERRITORIAL SAVINGS BANK THIRD AMENDMENT TO AMENDED AND RESTATED SUPPLEMENTAL EMPLOYEE RETIREMENT AGREEMENT FOR RALPH NAKATSUKASupplemental Employee Retirement Agreement • November 7th, 2014 • Territorial Bancorp Inc. • Savings institution, federally chartered
WHEREAS, Territorial Savings Bank (the “Bank”) has entered into a supplemental employee retirement agreement (the “SERP”) with Ralph Nakatsuka (the “Executive”) as of October 29, 2008; and
AMENDMENT ONE TO TERRITORIAL SAVINGS BANK AMENDED AND RESTATED SUPPLEMENTAL EMPLOYEE RETIREMENT AGREEMENT FOR VERNON HIRATASupplemental Employee Retirement Agreement • May 6th, 2011 • Territorial Bancorp Inc. • Savings institution, federally chartered
WHEREAS, Territorial Savings Bank (the “Bank”), and Vernon Hirata, Executive Vice President and General Counsel of the Bank (the “Executive”) entered into the Territorial Savings Bank Amended and Restated Supplemental Employee Retirement Agreement for Vernon Hirata (the “SERP”), effective as of October 29, 2008; and
TERRITORIAL BANCORP, INC. up to 10,925,000 Shares (subject to increase up to 12,563,750 shares) COMMON SHARES ($.01 Par Value) Subscription Price $10.00 Per Share AGENCY AGREEMENTAgency Agreement • November 14th, 2008 • Territorial Bancorp Inc. • New York
FORM OF Restricted Stock Unit Award AgreementRestricted Stock Unit Award Agreement • March 9th, 2020 • Territorial Bancorp Inc. • Savings institution, federally chartered
This restricted stock unit agreement (“Restricted Stock Unit Award Agreement” or “Award Agreement”) is and shall be subject in every respect to the provisions of the Territorial Bancorp Inc. 2019 Equity Incentive Plan (the “Plan”), which are incorporated herein by reference and made a part hereof, subject to the provisions of this Award Agreement. A copy of the Plan has been provided to the person granted a Restricted Stock Unit Award pursuant to the Plan. The holder of this Restricted Stock Unit Award (the “Participant”) hereby accepts this Restricted Stock Unit Award, subject to all the terms and provisions of the Plan and this Award Agreement, and agrees that all decisions under and interpretations of the Plan and this Award Agreement by the Committee appointed to administer the Plan (“Committee”) or the Board of Directors of Territorial Bancorp Inc. (the “Company”) shall be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, succes
SECOND AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • March 15th, 2013 • Territorial Bancorp Inc. • Savings institution, federally chartered • Hawaii
This Second Amendment, dated as of February 27, 2013 (the “Amendment”), to the Territorial Savings Bank Employment Agreement, dated as of October 29, 2008 (the “Employment Agreement”), is made by and between Territorial Savings Bank, located at 1132 Bishop Street, 22nd Floor, Honolulu, Hawaii 96813 (the “Bank”), and Vernon Hirata (the “Executive”). Capitalized terms which are not defined herein shall have the same meaning as set forth in the Employment Agreement.
TERRITORIAL SAVINGS BANK FIRST AMENDMENT TO AMENDED AND RESTATED SUPPLEMENTAL EMPLOYEE RETIREMENT AGREEMENT FOR ALLAN S. KITAGAWASupplemental Employee Retirement Agreement • November 7th, 2014 • Territorial Bancorp Inc. • Savings institution, federally chartered
WHEREAS, Territorial Savings Bank (the “Bank”) has entered into an amended and restated supplemental employee retirement agreement (the “SERP”) with Allan S. Kitagawa (the “Executive”) as of October 29, 2008; and
FIRST AMENDMENT TO LETTER AGREEMENT DATED SEPTEMBER 5, 2008Letter Agreement • March 12th, 2009 • Territorial Bancorp Inc. • Savings institution, federally chartered
This first amendment (the “Amendment”) to the letter agreement dated September 5, 2008 between Keefe, Bruyette & Woods, Inc. (“KBW”) and Territorial Savings Bank (the “Bank”) with respect to the provision of financial advisory services (the “Agreement”) is made effective the 10th day of March, 2009.
STOCK OPTION Granted by TERRITORIAL BANCORP INC. under the TERRITORIAL BANCORP INC.Equity Incentive Plan • March 29th, 2011 • Territorial Bancorp Inc. • Savings institution, federally chartered
This stock option agreement (“Option” or “Agreement”) is and shall be subject in every respect to the provisions of the 2010 Equity Incentive Plan (the “Plan”) of Territorial Bancorp Inc. (the “Company”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided to each person granted a stock option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts this Option, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Committee appointed to administer the Plan (“Committee”) or the Board shall be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term “Company” shall include the parent and all present and future subsidiaries of
TERRITORIAL SAVINGS BANK AMENDMENT TO AMENDED AND RESTATED SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT FORSupplemental Executive Retirement Agreement • March 15th, 2024 • Territorial Bancorp Inc. • Savings institution, federally chartered
WHEREAS, Territorial Savings Bank (the "Bank") has entered into an amended and restated supplemental employee retirement agreement (the "SERP") with (the "Executive") as of October 29, 2008;
AMENDMENT ONE TO TERRITORIAL SAVINGS BANK SUPPLEMENTAL EMPLOYEE RETIREMENT AGREEMENT FOR RALPH NAKATSUKASupplemental Employee Retirement Agreement • May 6th, 2011 • Territorial Bancorp Inc. • Savings institution, federally chartered
WHEREAS, Territorial Savings Bank (the “Bank”), and Ralph Nakatsuka, Vice Chairman and Co-Chief Operating Officer of the Bank (the “Executive”) entered into the Territorial Savings Bank Supplemental Employee Retirement Agreement for Ralph Nakatsuka (the “SERP”), effective as of October 29, 2008; and
AMENDMENT TWO TO TERRITORIAL SAVINGS BANK SUPPLEMENTAL EMPLOYEE RETIREMENT AGREEMENT FOR RALPH NAKATSUKASupplemental Employee Retirement Agreement • March 14th, 2012 • Territorial Bancorp Inc. • Savings institution, federally chartered
WHEREAS, Territorial Savings Bank (the “Bank”), and Ralph Nakatsuka, Vice Chairman and Co-Chief Operating Officer of the Bank (the “Executive”) entered into the Territorial Savings Bank Supplemental Employee Retirement Agreement for Ralph Nakatsuka (the “SERP”), effective as of October 29, 2008, as amended on March 30, 2011; and
TERRITORIAL SAVINGS BANK THIRD AMENDMENT TO AMENDED AND RESTATED SUPPLEMENTAL EMPLOYEE RETIREMENT AGREEMENT FOR VERNON HIRATASupplemental Employee Retirement Agreement • November 7th, 2014 • Territorial Bancorp Inc. • Savings institution, federally chartered
WHEREAS, Territorial Savings Bank (the “Bank”) has entered into an amended and restated supplemental employee retirement agreement (the “SERP”) with Vernon Hirata (the “Executive”) as of October 29, 2008; and
FORM OF Restricted Stock Unit Award AgreementRestricted Stock Unit Award Agreement • June 14th, 2017 • Territorial Bancorp Inc. • Savings institution, federally chartered
This restricted stock unit agreement ("Restricted Stock Unit Award Agreement" or "Award Agreement") is and shall be subject in every respect to the provisions of the Territorial Bancorp Inc. 2010 Equity Incentive Plan, as amended and restated (the "Plan"), which are incorporated herein by reference and made a part hereof, subject to the provisions of this Award Agreement. A copy of the Plan has been provided to the person granted a Restricted Stock Unit Award pursuant to the Plan. The holder of this Restricted Stock Unit Award (the "Participant") hereby accepts this Restricted Stock Unit Award, subject to all the terms and provisions of the Plan and this Award Agreement, and agrees that all decisions under and interpretations of the Plan and this Award Agreement by the Committee appointed to administer the Plan ("Committee") or the Board of Directors of Territorial Bancorp Inc. (the "Company") shall be final, binding and conclusive upon the Participant and the Participant's heirs, lega
FORM OF Restricted Stock Unit Award AgreementRestricted Stock Unit Award Agreement • March 9th, 2020 • Territorial Bancorp Inc. • Savings institution, federally chartered
This restricted stock unit agreement (“Restricted Stock Unit Award Agreement” or “Award Agreement”) is and shall be subject in every respect to the provisions of the Territorial Bancorp Inc. 2019 Equity Incentive Plan (the “Plan”), which are incorporated herein by reference and made a part hereof, subject to the provisions of this Award Agreement. A copy of the Plan has been provided to the person granted a Restricted Stock Unit Award pursuant to the Plan. The holder of this Restricted Stock Unit Award (the “Participant”) hereby accepts this Restricted Stock Unit Award, subject to all the terms and provisions of the Plan and this Award Agreement, and agrees that all decisions under and interpretations of the Plan and this Award Agreement by the Committee appointed to administer the Plan (“Committee”) or the Board of Directors of Territorial Bancorp Inc. (the “Company”) shall be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, succes
AMENDMENT TWO TO TERRITORIAL SAVINGS BANK AMENDED AND RESTATED SUPPLEMENTAL EMPLOYEE RETIREMENT AGREEMENT FOR VERNON HIRATASupplemental Employee Retirement Agreement • March 14th, 2012 • Territorial Bancorp Inc. • Savings institution, federally chartered
WHEREAS, Territorial Savings Bank (the “Bank”), and Vernon Hirata, Executive Vice President and General Counsel of the Bank (the “Executive”) entered into the Territorial Savings Bank Amended and Restated Supplemental Employee Retirement Agreement for Vernon Hirata (the “SERP”), effective as of October 29, 2008 and amended as of March 30, 2011; and
FORM OFEquity Incentive Plan • March 9th, 2020 • Territorial Bancorp Inc. • Savings institution, federally chartered
This stock option agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the 2019 Equity Incentive Plan (the “Plan”) of Territorial Bancorp Inc. (the “Company”), which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan and Plan prospectus has been provided to each person granted a stock option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts this Option, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the committee appointed to administer the Plan (“Committee”) or the Board of Directors will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Capitalized terms used in this Agreement but not defined will have the same meaning as in the Plan.
TERRITORIAL SAVINGS BANK FIRST AMENDMENT TO AMENDED AND RESTATED EXECUTIVE DEFERRED INCENTIVE AGREEMENT WITH VERNON HIRATAExecutive Deferred Incentive Agreement • November 7th, 2014 • Territorial Bancorp Inc. • Savings institution, federally chartered
WHEREAS, Territorial Savings Bank (the “Bank”) has entered into an amended and restated executive deferred incentive agreement (the “Agreement”) with Vernon Hirata (the “Executive”) as of January 1, 2008; and
RP® FINANCIAL, LC. Financial Services Industry ConsultantsTerritorial Bancorp Inc. • November 14th, 2008
STOCK OPTION Granted by TERRITORIAL BANCORP INC. under the TERRITORIAL BANCORP INC.Equity Incentive Plan • March 29th, 2011 • Territorial Bancorp Inc. • Savings institution, federally chartered
This stock option agreement (“Option” or “Agreement”) is and shall be subject in every respect to the provisions of the 2010 Equity Incentive Plan (the “Plan”) of Territorial Bancorp Inc. (the “Company”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided to each person granted a stock option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts this Option, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Committee appointed to administer the Plan (“Committee”) or the Board shall be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term “Company” shall include the parent and all present and future subsidiaries of
AMENDMENT ONE TO TERRITORIAL SAVINGS BANK AMENDED AND RESTATED SUPPLEMENTAL EMPLOYEE RETIREMENT AGREEMENT FOR KAREN J. COXSupplemental Employee Retirement Agreement • May 6th, 2011 • Territorial Bancorp Inc. • Savings institution, federally chartered
WHEREAS, Territorial Savings Bank (the “Bank”), and Karen J. Cox, Senior Vice President of the Bank (the “Executive”) entered into the Territorial Savings Bank Amended and Restated Supplemental Employee Retirement Agreement for Karen J. Cox (the “SERP”), effective as of October 29, 2008; and
ContractRestricted Stock Unit Award Agreement • June 14th, 2017 • Territorial Bancorp Inc. • Savings institution, federally chartered
