Tenth Amendment to Capitol Bancorp Ltd. Employee Stock Ownership Plan (First Carolina State Bank Participation)

This amendment adds First Carolina State Bank as a participating employer in the Capitol Bancorp Ltd. Employee Stock Ownership Plan, effective July 1, 2004. The agreement is signed by representatives of both Capitol Bancorp Ltd. and First Carolina State Bank, formalizing the bank's inclusion in the plan. The amendment ensures that employees of First Carolina State Bank are now eligible to participate in the stock ownership plan under the same terms as other participating employers.