Amendment to Employment Agreement between East West Bancorp, Inc. and Irene Oh (December 21, 2020)
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Summary
East West Bancorp, Inc. and employee Irene Oh have agreed to amend their existing employment agreement. The amendment changes the term of employment so that the agreement will now end on December 21, 2021, unless the company chooses to extend it. All other terms of the original employment agreement remain unchanged and in effect.
EX-10.1 2 ewbc10110q9302020.htm EX-10.1 Document
Exhibit 10.1
AMENDMENT TO EMPLOYMENT AGREEMENT
This Amendment to the December 21, 2016 Employment Agreement (as amended from time to time, the “Employment Agreement”) between East West Bancorp, Inc. (“Company”) and Irene Oh (“Employee”) is entered into as of this 21st of December, 2020 by and between Company and Employee.
The following terms and conditions of the Employment Agreement are hereby modified:
1.Section 2 (Term) of the Agreement is hereby modified in its entirety to read as follows: This Agreement and employment under this Agreement shall terminate on December 21, 2021, unless extended by Company.
2.Except as expressly agreed to herein, the Employment Agreement between the parties shall remain in force and effect.
| EAST WEST BANCORP, INC. | |||||
| /s/ GARY TEO | |||||
| Gary Teo | |||||
| Head of Human Resources | |||||
| /s/ IRENE H. OH | |||||
| Employee: Irene H. Oh | |||||
