FIRST SUPPLEMENTAL INDENTURE

THIS FIRST SUPPLEMENTAL INDENTURE dated as of July 29, 2016 (this “First Supplemental Indenture”) is by and among U. S. Bank National Association, as successor to Bank of America, N.A. (formerly known as LaSalle Bank National Association)(herein, together with its successors in interest, the “Trustee”), BBCN Bancorp, Inc. (the “Successor Company”), a Delaware corporation to be renamed Hope Bancorp, Inc., and Wilshire Bancorp, Inc., a California corporation (the “Company”).

The Trustee and the Company are parties to that certain Indenture, dated as of July 10, 2007 (the “Indenture”), pursuant to which the Company issued $25,774,000 aggregate principal amount of its Junior Subordinated Debt Securities due September 15, 2037 (the “Debt Securities”).

As permitted by Article XI of the Indenture, pursuant to an Agreement and Plan of Merger, dated as of December 7, 2015, by and between the Company and the Successor Company, the Company simultaneously with the effectiveness of this First Supplemental Indenture, shall merge (referred to herein as the “Transaction”) with and into the Successor Company, with the Successor Company as the surviving corporation. The parties hereto are entering into this First Supplemental Indenture pursuant to, and in accordance with, Section 9.01(a), Section 11.01 and Section 11.02 of the Indenture.

NOW, THEREFORE, in consideration of the premises set forth herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties hereto, the Trustee, the Company and the Successor Company hereby agree as follows:

SECTION 1. Definitions.  All capitalized terms used herein that are defined in the Indenture, either directly or by reference therein, have the respective meanings assigned them in the Indenture except as otherwise provided herein or unless the context otherwise requires.

SECTION 2. Interpretation.

(a)    In this First Supplemental Indenture, unless a clear contrary intention appears:

(i)    the singular number includes the plural number and vice versa;

(ii)    reference to any gender includes the other gender and the neuter;

(iii)    the words “herein,” “hereof,” “hereto” and “hereunder” and other words of similar import refer to this First Supplemental Indenture as a whole and not to any particular Section or other subdivision;

(iv)    reference to any Person includes such Person’s successors and assigns but, if applicable, only if such successors and assigns are permitted by this First Supplemental Indenture or the Indenture, and reference to a Person in a particular capacity excludes such Person in any other capacity or individually, but nothing in this clause (iv) is intended to authorize any assignment not otherwise permitted by this First Supplemental Indenture or the Indenture or to modify the Trustee’s rights, privileges and protections under the Indenture;

(v)    reference to any agreement, document or instrument means such agreement, document or instrument as amended, supplemented or modified and in effect from time to time in accordance with the terms thereof and, if applicable, the terms hereof, as well as any substitution or replacement therefore and reference to any note or debenture includes modifications thereof and any note or debenture issued in extension or renewal thereof or in substitution or replacement therefor;

(vi)    unless otherwise noted as a reference to a Section in the Indenture, reference to any Section means such Section of this First Supplemental Indenture; and

(vii)    the word “including” (and with correlative meaning “include”) means including without limiting the generality of any description preceding such term.

(b)    No provision in this First Supplemental Indenture is to be interpreted or construed against any Person because that Person or its legal representative drafted such provision.

SECTION 3. Assumption of Obligations.

(a)    Pursuant to, and in compliance and accordance with, Section 11.01 of the Indenture, the Successor Company hereby expressly assumes all of the obligations of the Company under the Debt Securities, the Indenture, the Capital Securities Guarantee and the Declaration.

(b)    Pursuant to, and in compliance and accordance with, Section 11.02 of the Indenture, the Successor Company hereby succeeds to and is substituted for the Company, with the same effect as if it had been named in the Indenture as the Company.

(d)    The Successor Company also succeeds to and is substituted for the Company with the same effect as if the Successor Company had originally been named in (i) the Declaration, as Sponsor (as defined in the Declaration) and (ii) the Capital Securities Guarantee as Guarantor (as defined in the Capital Securities Guarantee).

SECTION 4. Representations and Warranties.  The Successor Company represents and warrants that:

(a)    it is a corporation organized under the laws of Delaware, and it has all necessary power and authority to execute and deliver this First Supplemental Indenture and to perform the Indenture;

(b)    it is the successor by merger of the Company pursuant to a valid merger effected in accordance with applicable law;

(c)    this First Supplemental Indenture is executed and delivered pursuant to Section 9.01(a), Section 11.01 and Section 11.02 of the Indenture and does not require the consent of the Securityholders; and

(d)    immediately after giving effect to the Transaction, no Default or Event of Default shall have occurred or be continuing.

SECTION 5. Conditions of Effectiveness.  This First Supplemental Indenture shall become effective simultaneously with the effectiveness of the Transaction when, and only when, the Trustee has received:

(a)    an Officers’ Certificate in accordance with Section 9.05 and Section 14.06 of the Indenture attached hereto as Exhibit A;

(b)    an Opinion of Counsel, in form and substance satisfactory to it, in accordance with Section 9.05, Section 11.03 and Section 14.06 of the Indenture attached hereto as Exhibit B; and

(c)    the Trustee shall have executed a counterpart of this First Supplemental Indenture and shall have received a counterpart of this First Supplemental Indenture executed by the Company and the Successor Company.

(d)     The Successor Company and the Company shall have duly executed and filed with the Secretary of State of the State of Delaware and the Secretary of State of the State of California the Certificate of Merger in connection with the Merger.

SECTION 6. Reference to the Indenture.

(a)    Upon the effectiveness of this First Supplemental Indenture, each reference in the Indenture to “this Indenture,” “hereunder,” “herein” or words of like import means and is a reference to the Indenture, as affected, amended and supplemented hereby.

(b)    Upon the effectiveness of this First Supplemental Indenture, each reference in the Debt Securities to the Indenture, including each term defined by reference to the Indenture, means and is a reference to the Indenture or such term, as the case may be, as affected, amended and supplemented hereby.

(c)    The Indenture, as amended and supplemented by the amendment and supplement referred to above, remains in full force and effect and is hereby ratified and confirmed.

SECTION 7. Addresses for Notices. All notices or other communications to be addressed to the Company as contemplated by Section 14.4 of the Indenture shall be addressed to the Successor Company as follows:

Hope Bancorp, Inc.

3200 Wilshire Boulevard, Suite 1400

Los Angeles, California 90010

Attention:  Douglas J. Goddard, Chief Financial Officer

Phone: (213) 639-1700

Facsimile: (213) 235-3033

SECTION 8. Execution in Counterparts.  This First Supplemental Indenture may be executed in any number of counterparts and by different parties hereto in separate counterparts (including counterparts received by facsimile or electronic transmission), each of which when so executed and delivered are deemed to be an original and all of which when taken together constitute one and the same instrument.

SECTION 9. Governing Law; Binding Effect.  This First Supplemental Indenture is to be governed by and construed in accordance with the laws of the State of New York and is binding upon the parties hereto and their respective successors and assigns.

SECTION 10. The Trustee.  The Trustee is not responsible in any manner whatsoever for or in respect of the validity or sufficiency of this First Supplemental Indenture or the due execution thereof by the Company or the Successor Company. The recitals of fact contained herein are statements solely of the Company or the Successor Company, and the Trustee assumes no responsibility for the correctness thereof.

IN WITNESS WHEREOF, the parties hereto have caused this First Supplemental Indenture to be executed and effective as of the date first stated herein, by their respective officers thereunto duly authorized.

WILSHIRE BANCORP, INC.

By:    /s/ Jae Whan Yoo            

Name:    Jae Whan Yoo

Title:    President and Chief Executive Officer

BBCN BANCORP, INC.

By:    /s/ Kevin S. Kim            

Name:    Kevin S. Kim

Title:    President and Chief Executive Officer

not in its individual capacity, but solely as Trustee under the Indenture

By:    /s/ Jared C. Hansen            

Name:    Jared C. Hansen

Title:    Assistant Vice President