Amendment to Employment Agreement between East West Bancorp, Inc. and Dominic Ng

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Summary

This document is an amendment to the existing Employment Agreement between East West Bancorp, Inc. and Dominic Ng. The amendment changes the term of the agreement, specifying that employment will now end on April 8, 2015, unless the company chooses to extend it. All other terms of the original agreement remain unchanged and in effect.

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EX-10.1 2 exhibit10-1.htm EXHIBIT 10.1 exhibit10-1.htm
Exhibit 10.1
 
AMENDMENT TO EMPLOYMENT AGREEMENT


This Amendment to the June 25, 1998 Employment Agreement (as amended from time to time, the “Employment Agreement”) between East West Bancorp, Inc. (“Company”) and Dominic Ng (“Employee”) is entered into as of this 9th day of April, 2012 by and between Company and Employee.

The following terms and conditions of the Employment Agreement are hereby modified:

1.           Section 3.1 (Term) of the Agreement is hereby modified in its entirety to read as follows:  This Agreement and employment under this Agreement shall terminate on April 8, 2015 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.

By: _________________________


____________________________
Employee:  Dominic Ng