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                                                                      EXHIBIT 10


                 RESOLUTIONS OF EXECUTIVE COMPENSATION COMMITTEE
                                       OF
                              BANCWEST CORPORATION

                          Re: Long-Term Incentive Plan

        WHEREAS, this Committee wishes, subject to the approval of the Board of
Directors of BancWest Corporation, to amend the BancWest Corporation Long-Term
Incentive Plan (hereinafter the "Plan");

        NOW, THEREFORE, BE IT

        RESOLVED, that the Committee hereby amends the Plan as set forth in
Exhibit 1 attached hereto.

        RESOLVED, FURTHER, that any officer of BancWest Corporation is hereby
authorized, directed, and ordered to take such other action as he may deem
necessary or proper in order to consummate the matters authorized in these
resolutions.
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                        RESOLUTIONS OF BOARD OF DIRECTORS
                                       OF
                              BANCWEST CORPORATION

                          Re: Long-Term Incentive Plan

        WHEREAS, this Board wishes to approve an amendment to the BancWest
Corporation Long-Term Incentive Plan (hereinafter the "Plan");

        NOW, THEREFORE, BE IT

        RESOLVED, that the Board hereby approves the amendment to the Plan as
set forth in Exhibit 1 attached hereto.

        RESOLVED, FURTHER, that any officer of BancWest Corporation is hereby
authorized, directed, and ordered to take such other action as he may deem
necessary or proper in order to consummate the matters authorized in these
resolutions.

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                                    Exhibit 1

                               AMENDMENT NO. 3 TO
                              BANCWEST CORPORATION
                            LONG-TERM INCENTIVE PLAN

        In accordance with Section 9.1 of the BancWest Corporation Long-Term
Incentive Plan (hereinafter the "Plan"), the Plan is hereby amended in the
following respects:

        1. Section 5.1 of the Plan is hereby amended to read in its entirety as
follows:

               5.1 Grant of Awards. Subject to the terms of the Plan, Awards may
               be granted to eligible Employees at any time and from time to
               time, as shall be determined by the Committee. Subject to the
               terms of the Plan, the Committee shall have complete discretion
               in determining the target amount (expressed as a percentage of
               the Participant's average annual base salary during the
               Performance Period) of the Award granted to each Participant.
               Average annual base salary shall be computed for each Participant
               by averaging the annualized base salary in effect on the last
               calendar day of each year of the Performance Period following the
               determination of that Participant's target amount.

        2. Section 5.2 of the Plan is hereby amended to read in its entirety as
follows:

               5.2  Awards.

                      (a) Value of Awards. For each Performance Period, the
                      Committee shall establish in writing one or more objective
                      performance goals that shall modify the target amount of
                      Awards to determine the Award value that becomes payable
                      to Participants. The performance goals shall state, in
                      terms of an objective formula or standard, the method for
                      computing the amount of the Award payable to each
                      Participant upon attainment of the goals. The formula or
                      standard shall specify the individual employees or the
                      class of employees to which it applies. There shall be no
                      discretion under the objective formula or standard to
                      increase the amount of compensation that would otherwise
                      be due upon attainment of any performance goal. However,
                      the Committee shall have discretion prior to payment of
                      any Award to reduce the amount of the Award derived from
                      the formula or standard. In the case of Awards intended to
                      satisfy the deductibility requirements of Section 162(m)
                      of the Internal Revenue Code, the performance goals shall
                      be established within the first 90 days of

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                      the Performance Period (or any shorter period required by
                      applicable regulations).

                      (b) Performance Periods. The time period during which the
                      performance goals apply shall be called a "Performance
                      Period." Performance Periods shall, in all cases, exceed
                      six months in length.

                      (c) Performance Goals. The performance goals for Awards
                      shall consist of objective criteria based on one or more
                      of the following: net income, net income before taxes,
                      operating earnings, cash earnings, operating cash
                      earnings, financial return ratios (including return on
                      average total assets, return on tangible total assets,
                      return on average stockholders' equity, return on average
                      tangible stockholders' equity, average stockholders'
                      equity to average total assets, risk-adjusted return on
                      capital, economic value added, efficiency ratio, expense
                      ratio, revenue growth, noninterest income to total revenue
                      ratio, and net interest margin), total stockholder return,
                      earnings per share, cash earnings per share, diluted
                      earnings per share, diluted cash earnings per share, and
                      stock price.

                      Performance goals may be measured (i) solely on a
                      corporate, subsidiary, or business unit basis or a
                      combination thereof and/or (ii) on actual or targeted
                      growth factors. Performance goals may reflect absolute
                      entity performance or a relative comparison of entity
                      performance to the performance of a peer group of entities
                      or other external measure of the selected performance
                      goals. The formula for any Award may include or exclude
                      items that measure specific objectives, such as the
                      cumulative effect of changes in generally accepted
                      accounting principles, losses resulting from discontinued
                      operations, securities gains and losses, restructuring,
                      merger-related and other nonrecurring costs, amortization
                      of goodwill and intangible assets, extraordinary gains or
                      losses, and any unusual, nonrecurring gain or loss that is
                      separately quantified in the Corporation's financial
                      statements. In addition, any performance measure expressed
                      on a per-share basis shall, in case of a recapitalization,
                      stock dividend, stock split or reverse stock split
                      affecting the number of outstanding shares, be
                      mathematically adjusted so that the change in outstanding
                      shares does not cause a substantive change in the relevant
                      goal.

                      (d) Maximum Payout. The maximum payout to any Participant
                      with respect to an Award for any Performance Period shall
                      be $3,000,000.
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        The amendments set forth herein shall be for Performance Periods
commencing on or after January 1, 2000.

        TO RECORD the adoption of these amendments, BancWest Corporation has
executed this document this 16th day of March, 2000.

                                    BANCWEST CORPORATION

                                    By  /s/ HERBERT E. WOLFF
                                        ----------------------------------------
                                            Herbert E. Wolff
                                            Its Senior Vice President
                                               and Secretary