Addendum B to Lease Agreement between Sierra Investment Group, LLC and American River Bank (Suite 150, 3330 Cameron Park Drive)

Summary

This addendum modifies the original lease between Sierra Investment Group, LLC (Lessor) and American River Bank (Lessee) for Suite 150 at 3330 Cameron Park Drive, effective April 1, 2008. The lease is now month-to-month, with either party able to terminate it with 30 days' written notice. The base rent is set at $1,022 per month, with future adjustments possible by mutual agreement. All other terms of the original lease remain unchanged.

EX-10.37 2 ex10_37.txt EXHIBIT 10.37 EXHIBIT 10.37 ADDENDUM B This Lease Addendum B ("Addendum") is dated this 1st day of April, 2008, to that certain Lease dated March 9, 2007 ("Lease"), by and between Sierra Investment Group, LLC as "Lessor," herein, and AMERICAN RIVER BANK as "Lessee", regarding Suite 150 at 3330 Cameron Park Drive, Cameron Park CA 95682. 1. TERM: Month-to-month. Effective April 1, 2008 this Lease shall convert to a month-to-month tenancy. Either party may terminate the lease by giving written notice to the other at least 30 days prior to the intended termination date, subject to any applicable local laws. Such notice may be given on any date. 2. BASE RENT: Tenant agrees to pay Base Rent at the rate of $1,022.00 per month. Future rent adjustments can be made upon the agreement of both parties. 3. OTHER TERMS AND CONDITIONS: All of the other terms and conditions of the Lease remain the same. LESSEE: AMERICAN RIVER BANK By: /s/ Mitchell A. Derenzo ------------------------------------------------- Mitchell A. Derenzo, Executive Vice President and Chief Financial Officer Date: March 25, 2008 LESSOR: SIERRA INVESTMENT GROUP, LLC. By: /s/ Derren Storm ------------------------------------------------- Derren Storm, Agent Date: March 27, 2008 37