Company: BOH
Filing Date: 2025-03-14
Form Type: DEF 14A
Source: 0000950170-25-039381
Chunk: 90

Company: BANK OF HAWAII CORP
Filing Date: 2025-03-14
Form: DEF 14A
Chunk 90
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 the Plan's Effective Date. All awards outstanding under the 2015 Plan as of the Effective Date shall remain outstanding under the 2015 Plan and shall continue to be governed solely by the terms of the documents evidencing such award, and no provision of the Plan shall be deemed to affect or otherwise modify the rights or obligations of the holders of such awards. 1. Definitions . In the Plan, except where the context otherwise indicates, the following definitions shall apply: 1.1 "Affiliate" means a corporation, partnership, business trust, limited liability company, or other form of business organization at least a majority of the total combined voting power of all classes of stock or other equity interests of which is owned by the Company, either directly or indirectly, and any other entity designated by the Board in which the Company has a significant interest. 1.2 "Agreement" means an agreement or other document evidencing or establishing the terms of an Award (or Awards). An Agreement may be in written or such other form as the Board may specify in its discretion, and the Board may, but need not, require a Participant to sign an Agreement. 1.3 "Award" means a grant of an Option, Restricted Stock, or a Restricted Stock Unit. 1.4 "Board" means the Board of Directors of the Company. 1.5 "Code" means the Internal Revenue Code of 1986, as amended. 1.6 "Common Stock" means the Company's common stock, par value $0.01 per share. 1.7 "Company" means Bank of Hawaii Corporation, a Delaware corporation, and any successor thereto. 1.8 "Date of Exercise" means the date on which the Company receives notice of the exercise of an Option in accordance with Section 7. 1.9 "Date of Grant" means the date on which an Award is granted under the Plan. 1.10 "Director" means any person who (a) is a member of the Board or the board of directors of any Affiliate, and (b) is not an employee of the Company or any Affiliate. 1.11 "Effective Date" means the date that the Plan is approved by the stockholders of the Company. 1.12 "Exercise Price" means the price per Share at which an Option may be exercised. 1.13 "Fair Market Value" means, as of any date on which the Shares are listed or quoted on a securities exchange or quotation system,