Sixth Amendment to Split Dollar Life Insurance Agreement (Collateral Assignment Plan) between City National Bank and The Goldsmith 1980 Insurance Trust
This amendment updates a Split Dollar Life Insurance Agreement originally made between City National Bank and The Goldsmith 1980 Insurance Trust. The main change is to set the agreement's termination date as May 15, 2001. All other terms of the original agreement remain unchanged and in effect. The amendment was executed on March 18, 1998, by representatives of both parties.
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Exhibit 10(a)
SIXTH AMENDMENT TO SPLIT DOLLAR LIFE INSURANCE AGREEMENT
COLLATERAL ASSIGNMENT PLAN
This Amendment relates to that certain Split Dollar Life Insurance Agreement made as of the 13th day of June, 1980 between CITY NATIONAL BANK and THE GOLDSMITH 1980 INSURANCE TRUST (the "Agreement") and shall hereby amend paragraph 7 thereof to provide that the Agreement shall terminate on May 15, 2001.
Except as amended by the foregoing, the Agreement shall remain in full force and effect and without any other change.
This Agreement is made and agreed to as of this 18th day of March, 1998.
THE GOLDSMITH 1980 INSURANCE TRUST | CITY NATIONAL BANK | |||||
By | Bruce Leigh Goldsmith Trustee | By | ||||
Its | ||||||
By | Russell David Goldsmith Trustee | |||||
CITY NATIONAL BANK | ||||||
By | Trustee |
EXHIBIT "A"
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SIXTH AMENDMENT TO SPLIT DOLLAR LIFE INSURANCE AGREEMENT COLLATERAL ASSIGNMENT PLAN