Notice of Extension of Employment Agreement between Placer Sierra Bancshares and Ronald W. Bachli

Contract Categories: Human Resources › Employment Agreements
Summary

Placer Sierra Bancshares has formally notified Ronald W. Bachli that it is extending the term of his employment agreement through December 31, 2008. This extension is made according to the terms of the original employment agreement dated January 1, 2003. The notice is issued by the company's Board of Directors and signed by the Chairman of the Compensation Committee.

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EX-10.1 2 dex101.htm NOTICE OF EXTENSION OF TERM OF EMPLOYMENT AGREEMENT TO RONALD W. BACHLI Notice of Extension of Term of Employment Agreement to Ronald W. Bachli

Exhibit 10.1

 

NOTICE OF EXTENSION OF TERM OF EMPLOYMENT AGREEMENT

 

To:   Ronald W. Bachli
From:   Board of Directors, Placer Sierra Bancshares
Date:   October 28, 2005

 

This is to notify you that Placer Sierra Bancshares (the “Company”) hereby notifies you that the Company has exercised its right to extend the term of your employment through December 31, 2008, pursuant to paragraph 1 of the Employment Agreement between you and Company, dated January 1, 2003.

 

“COMPANY”

PLACER SIERRA BANCSHARES

By:  

/s/ Robert J. Kushner

    Robert J. Kushner
   

Chairman of the

Compensation Committee of the

Board of Directors