Ninth Amendment to Employee Stock Ownership Plan

Contract Categories: Business Finance - Stock Agreements
EX-10.(D7) 4 k91789exv10wxd7y.htm NINTH AMENDMENT TO EMPLOYEE STOCK OWNERSHIP PLAN exv10wxd7y
 

Exhibit 10 (d7)

NINTH AMENDMENT TO THE
CAPITOL BANCORP LTD.
EMPLOYEE STOCK OWNERSHIP PLAN

     The Capitol Bancorp Ltd. Employee Stock Ownership Plan is hereby amended effective July 1, 2004 by adding the following participating employer at the end of the list therein contained:

             
Name of   Type of   State of   Date of
Employer   Entity   Organization   Participation
Sunrise Bank of San Diego
  Banking Corp.   California   July 1, 2004
             
    CAPITOL BANCORP LIMITED    
 
           
Dated: December 1, 2004
  By:   /s/ Joseph D. Reid    
           
      Joseph D. Reid    
      Chairman and CEO    
 
           
    SUNRISE BANK OF SAN DIEGO    
 
           
Dated: December 1, 2004
  By:   /s/ Randy Cundiff    
           
      Randy Cundiff    
      President