Change in Control Agreement Renewal and Extension Acknowledgment between Quaker City Bank and Hank H. Kadowaki, July 1, 2000

Summary

Quaker City Bank and Hank H. Kadowaki have agreed to renew and extend their existing Change in Control Agreement for a new term of 24 months, ending on June 30, 2002. This acknowledgment confirms the Board of Directors' decision to continue the agreement, which outlines protections or terms for Mr. Kadowaki in the event of a change in control at the bank.

EX-10.15.3 8 0008.txt CHANGE IN CONTROL AGREEMENT WITH HANK H. KADOWAKI Exhibit 10.15.3 Quaker City Bank Change in Control Agreement Renewal and Extension Acknowledgment between Quaker City Bank and Hank H. Kadowaki dated July 1, 2000. QUAKER CITY BANK CHANGE IN CONTROL AGREEMENT RENEWAL AND EXTENSION ACKNOWLEDGMENT Name of Participant: Hank H. Kadowaki ------------------------------------------------------- The undersigned participant does hereby acknowledge that, at their regularly scheduled meeting on June 15, 2000, 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, 2002. Dated this ___1st___ day of ____July____, A.D., ______2000_______. QUAKER CITY BANK /s/ Hank H. Kadowaki By: /s/ Frederic R. McGill - ------------------------ -------------------------- Participant President