Thirteenth Amendment to Capitol Bancorp Ltd. Employee Savings and Stock Ownership Plan (ESOP/401K)

Contract Categories: Human Resources › Retirement Agreements
Summary

This amendment adds Yuma Community Bank 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 Yuma Community Bank, formalizing the bank's inclusion in the plan. The amendment ensures that employees of Yuma Community Bank are now eligible to participate in the ESOP/401K plan under the same terms as other participating employers.

Read More Arrow
EX-10.B.4.4 6 ex10b44.txt 13TH AMENDMENT TO ESOP/401K Exhibit (b4-4) THIRTEENTH 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 -------- ------ ------------ ------------- Yuma Community Bank Corp. Arizona 1/1/2001 Bank CAPITOL BANCORP LIMITED Dated: 12-13-00 By: /s/ Joseph D. Reid -------------------- ------------------------------------ Joseph D. Reid Chairman and CEO YUMA COMMUNITY BANK Dated: 12-13-00 By: /s/ Katherine M. Brandon -------------------- ------------------------------------ Katherine Brandon, President