Amendment to Employment Agreement between East West Bancorp, Inc. and Irene Oh (December 2024)
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Summary
This amendment updates the employment agreement between East West Bancorp, Inc. and Irene Oh, extending the term of her employment to December 21, 2025, unless the company chooses to extend it further. All other terms of the original agreement remain unchanged. The amendment is effective as of December 21, 2024, and is signed by both parties.
EX-10.3 7 2 ewbc103710k12312024.htm EX-10.3 7 Document
Exhibit 10.3.7
AMENDMENT TO EMPLOYMENT AGREEMENT
This Amendment is dated as of December 21, 2024 (the "Amendment Effective Date") and amends that certain Employment Agreement dated as of December 21, 2016 (as amended from time to time, the "Employment Agreement") by and between East West Bancorp, Inc. ("Company") and Irene Oh ("Employee").
The following terms and conditions of the Employment Agreement are hereby modified as of the Amendment Effective Date:
1.Section 2 (Term) of the Employment Agreement is hereby modified in its entirety to read as follows:
This Agreement and employment under this Agreement shall terminate on December 21, 2025 unless extended by Company.
2.Except as expressly agreed to herein, the Employment Agreement shall remain in force and effect.
| EAST WEST BANCORP, INC. | |||||
| /s/ GARY TEO | |||||
| Gary Teo | |||||
| Chief Human Resources Officer | |||||
| /s/ IRENE OH | |||||
| Employee: Irene Oh | |||||
