Change in Control Agreement Renewal and Extension Acknowledgment between Quaker City Bank and Dwight L. Wilson (July 1, 2001)
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Summary
Quaker City Bank and Dwight L. Wilson have agreed to renew and extend their existing Change in Control Agreement. The agreement now has a new term of twenty-four months, lasting until June 30, 2003. This document serves as an official acknowledgment of the extension, signed by both parties. The agreement outlines protections or terms for Mr. Wilson in the event of a change in control at Quaker City Bank.
EX-10.7.7 5 dex1077.txt CHANGE IN CONTROL AGREEMENT WITH DWIGHT L. WILSON Exhibit 10.7.7 Quaker City Bank Change in Control Agreement Renewal and Extension Acknowledgment between Quaker City Bank and Dwight L. Wilson dated July 1, 2001. QUAKER CITY BANK CHANGE IN CONTROL AGREEMENT RENEWAL AND EXTENSION ACKNOWLEDGMENT Name of Participant: Dwight L. Wilson ------------------------------------------------- The undersigned participant does hereby acknowledge that, at their regularly scheduled meeting on June 21, 2001, 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, 2003. Dated this 1st day of July , A.D., 2001 . --- --- ------ ---------- ---- --------- QUAKER CITY BANK /s/ Dwight L. Wilson By: /s/ Frederic R. McGill ------------------------- -------------------------- Participant President
