Notice of Extension of Term of Employment Agreement between First California Bancshares and David E. Hooston

Contract Categories: Human Resources › Employment Agreements
Summary

First California Bancshares has formally notified David E. Hooston that it is extending the term of his employment agreement through December 31, 2006. This extension is made according to the terms of the original employment agreement dated January 1, 2003. The notice is issued by the Chairman of the Compensation Committee on behalf of the Board of Directors.

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EXHIBIT 10.13

 

NOTICE OF EXTENSION OF TERM OF EMPLOYMENT AGREEMENT

 

To:    David E. Hooston
From:    Board of Directors, First California Bancshares
Date:    October 28, 2003

 

This is to notify you that First California Bancshares (the “Company”) hereby notifies you that the Company has exercised its right to extend the term of your employment through December 31, 2006, pursuant to paragraph 1 of the Employment Agreement between you and Company, dated January 1, 2003.

 

 

“COMPANY”

FIRST CALIFORNIA BANCSHARES

By:   /s/    Robert J. Kushner        
   
   

Robert J. Kushner,

Chairman of the Compensation Committee

of the Board of Directors