0000943374-17-000241 Sample Contracts

FORM OF Restricted Stock Unit Award Agreement
Restricted 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

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Contract
Restricted Stock Unit Award Agreement • June 14th, 2017 • Territorial Bancorp Inc. • Savings institution, federally chartered
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