Change in Control Agreement Renewal and Extension Acknowledgment between Quaker City Bank and Robert C. Teeling (July 1, 2001)
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Summary
Quaker City Bank and Robert C. Teeling 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 renewal was approved by the bank's Board of Directors on June 21, 2001. The document serves as formal acknowledgment of the extension and continued terms between the parties.
EX-10.11.7 9 dex10117.txt CHANGE IN CONTROL AGREEMENT WITH ROBERT C. TEELING Exhibit 10.11.7 Quaker City Bank Change in Control Agreement Renewal and Extension Acknowledgment between Quaker City Bank and Robert C. Teeling dated July 1, 2001. QUAKER CITY BANK CHANGE IN CONTROL AGREEMENT RENEWAL AND EXTENSION ACKNOWLEDGMENT Name of Participant: Robert C. Teeling --------------------------------------------------------- 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/ Robert C. Teeling By: /s/ Frederic R. McGill ------------------------- -------------------------- Participant President
