Mr. Steven B. Leonard 222 Club Drive Novato, CA 94945 ###-###-#### December 9, 2009

 

 

 

 

 

 

    Acquisition of 999 Grant Note and Deed of Trust from Umpqua Bank

 

Kim,

 

In the event Circle Bank completes its acquisition of the Note and Deed of Trust from Umpqua Bank which is secured by 999 Grant Avenue, Novato, CA Circle Bank will agree to pay Steven B, Leonard $16,000 as a consulting fee for services rendered in connection with acquisition of this note. Please sign and return this letter as soon as possible.

 

Respectfully,

 

Steven B. Leonard