The last supported Windows to the Hyper Terminal is Windows XP.
You can run Hyper Terminal in Windows 10 by copying the 2 files related to the Hyper Terminal from Windows XP.
Copy the 2 files hypertrm.exe and file hypertrm.dll from Windows XP located in folder :
1. \Program Files\Windows NT\hypertrm.exe
Copy and paste the 2 files to your folder anywhere in Windows 10.
Open the hypertrm.exe to run the program.
If you don't have Windows XP, you can download from my Skydrive/One drive, here is the link :