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

Summary

This amendment adds Sunrise Bank of San Diego as a participating employer in the Capitol Bancorp Ltd. Employee Savings and Stock Ownership Plan, effective January 10, 2001. The agreement is signed by representatives of both Capitol Bancorp Ltd. and Sunrise Bank of San Diego. The main purpose is to allow employees of Sunrise Bank of San Diego to participate in the existing ESOP/401K plan under the same terms as other participating employers.

EX-10.B.4.5 7 ex10b45.txt 14TH AMENDMENT TO ESOP/401K Exhibit (b4-5) FOURTEENTH 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 10, 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 Bank Corp. California 1/10/2001 San Diego CAPITOL BANCORP LIMITED Dated: 1/23/01 By: /s/ Joseph D. Reid -------------------- ------------------------------------ Joseph D. Reid Chairman and CEO SUNRISE BANK OF SAN DIEGO Dated: 1/23/01 By: /s/ Janice Kassebaum -------------------- ------------------------------------ Janice Kassebaum, Chief Executive Officer