Eleventh Amendment to Capitol Bancorp Ltd. Employee Savings and Stock Ownership Plan (ESOP 401K) – Addition of Sunrise Bank of Albuquerque
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Summary
This amendment adds Sunrise Bank of Albuquerque as a participating employer in the Capitol Bancorp Ltd. Employee Savings and Stock Ownership Plan, effective January 1, 2001. The agreement is signed by representatives of both Capitol Bancorp Ltd. and Sunrise Bank of Albuquerque, confirming the bank's inclusion in the plan. The amendment ensures that employees of Sunrise Bank of Albuquerque are now eligible to participate in the ESOP 401K plan under the same terms as other participating employers.
EX-10.B.4.2 4 ex10b42.txt 11TH AMENDMENT TO ESOP 401K Exhibit (b4-2) ELEVENTH AMENDMENT TO THE CAPITOL BANCORP LTD. EMPLOYEE SAVINGS AND STOCK OWNERSHIP PLAN The Capitol Bancorp Ltd. Employee Savings and Stock Ownership Plan is hereby amended effective January 1, 2001 by adding the following participating employer at the end of the list contained: Name of Type of State of Date of Employer Entity Organization Participation -------- ------ ------------ ------------- Sunrise Bank of Albuquerque Bank Corp. New Mexico 1/1/2001 CAPITOL BANCORP LIMITED Dated: 11/16/00 By: /s/ Joseph D. Reid -------------------- ------------------------------------ Joseph D. Reid Chairman and CEO SUNRISE BANK OF ALBUQUERQUE Dated: 11/16/00 By: /s/ Frederick Bernson -------------------- ------------------------------------ Frederick Bernson, President
