Change in Control Agreement Renewal and Extension Acknowledgment between Quaker City Bank and Elizabeth A. Conrado
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Summary
Quaker City Bank and Elizabeth A. Conrado have agreed to renew and extend their existing Change in Control Agreement. The agreement now remains in effect for a 24-month period, expiring on June 30, 2004. This document confirms the extension, as approved by the bank's Board of Directors, and is signed by both parties. The agreement outlines protections or terms for Ms. Conrado in the event of a change in control at the bank.
EX-10.20.2 14 dex10202.htm CHANGE IN CONTROL AGMNT. EXT. W/ ELIZABETH CONRADO Prepared by R.R. Donnelley Financial -- Change in Control Agmnt. Ext. w/ Elizabeth Conrado
Exhibit 10.20.2
Quaker City Bank Change in Control Agreement Renewal and Extension Acknowledgment between Quaker City Bank and Elizabeth A. Conrado dated July 1, 2002.
QUAKER CITY BANK
CHANGE IN CONTROL AGREEMENT
RENEWAL AND EXTENSION ACKNOWLEDGMENT
Name of Participant: Elizabeth A. Conrado
The undersigned participant does hereby acknowledge that, at their regularly scheduled meeting on June 25, 2002, the Board of Directors of Quaker City Bank acted to renew and extend the Quaker City Bank Change in Control Agreement with the undersigned participant to a full twenty-four (24) month term, until June 30, 2004.
Dated this 1st day of July , A.D., 2002 .
| QUAKER CITY BANK | ||||||||
| /s/ ELIZABETH A. CONRADO | By: | /s/ FREDERIC R. MCGILL | ||||||
| Participant | President | |||||||
