Amendment to Employment Agreement between East West Bancorp, Inc. and Catherine Zhou
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Summary
East West Bancorp, Inc. and Catherine Zhou have agreed to amend their existing employment agreement. The amendment changes the contract's end date to October 2, 2021, unless the company decides to extend it. All other terms of the original employment agreement remain unchanged and in effect.
EX-10.2 3 ewbc10210q9302020.htm EX-10.2 Document
Exhibit 10.2
AMENDMENT TO EMPLOYMENT AGREEMENT
This Amendment to the September 1, 2017 Employment Agreement (as amended from time to time, the “Employment Agreement”) between East West Bancorp, Inc. (“Company”) and Catherine Zhou (“Employee”) is entered into as of this 2nd of October, 2020 by and between Company and Employee.
The following terms and conditions of the Employment Agreement are hereby modified:
1.Section 2 (Term of Contract) of the Agreement is hereby modified in its entirety to read as follows: This Agreement and employment under this Agreement shall terminate on October 2, 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/ CATHERINE ZHOU | |||||
Employee: Catherine Zhou |