This excerpt taken from the BOH DEF 14A filed Mar 3, 2009.
Limits on Awards
Under the terms of the Stock Plan, the following annual grant limitations ("Annual Award Limits") apply to awards that are intended to qualify as performance-based compensation under Section 162(m) of the Code:
In each case, the maximum aggregate number of shares or awards will be increased by the amount of the participant's unused applicable Annual Award Limit as of the close of the previous calendar year.
The amount of shares or awards to be made in the future under the Stock Plan is not currently determinable.