Notice of Extension of Employment Agreement between Placer Sierra Bancshares and David E. Hooston

Contract Categories: Human Resources › Employment Agreements
Summary

Placer Sierra Bancshares has formally notified David E. Hooston that it is extending the term of his employment agreement through December 31, 2008. This extension is made in accordance with 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. The agreement outlines the continued employment relationship and the new end date for Mr. Hooston's contract.

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EX-10.2 3 dex102.htm NOTICE OF EXTENSION OF TERM OF EMPLOYMENT AGREEMENT TO DAVID E. HOOSTON Notice of Extension of Term of Employment Agreement to David E. Hooston

Exhibit 10.2

 

NOTICE OF EXTENSION OF TERM OF EMPLOYMENT AGREEMENT

 

To:   David E. Hooston
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