EX-10.55 Amendment No. 1 - Share Restriction Agrmt

EX-10.55 22 c69715a1exv10w55.txt EX-10.55 AMENDMENT NO. 1 - SHARE RESTRICTION AGRMT EXHIBIT 10.55 AMENDMENT NUMBER ONE OF SHARE RESTRICTION AGREEMENT WHEREAS, a certain Share Restriction Agreement (the "Agreement") was made and entered into as of November 30, 1998 by and between the Principal Stockholders identified on Schedule A attached hereto and Taylor Capital Group, Inc., a Delaware corporation (the "Corporation"); and WHEREAS, the Principal Stockholders listed as Depositors and the Parties listed as Trustees on Schedule B attached hereto entered into a certain Voting Trust Agreement dated as of November 30, 1998; and WHEREAS, the Principal Stockholders and the Corporation desire to amend the Share Restriction Agreement to allow for certain permitted transfers. NOW, THEREFORE, the parties hereto do hereby amend the Agreement as follows: FIRST: The parties hereto hereby add the following subparagraph (d) of paragraph 3 of the Agreement which shall immediately follow subparagraph (c) of paragraph 3: "(d) Any Stockholder may transfer Shares to any trust for the benefit of said Stockholder, to any trust for the benefit of the spouse (or surviving spouse) of said Stockholder, to any descendant of said Stockholder and/or to any trust for the benefit of any descendant of said Stockholder;" SECOND: The parties hereto hereby add the following paragraph 7 of the Agreement which shall immediately follow paragraph 6: "6. The provisions of this Agreement may be amended upon the written consent of the parties hereto." THIRD: In all other respects the parties do hereby affirm and ratify the Share Restriction Agreement. IN WITNESS WHEREOF, the parties have executed this Amendment as of the 1st day of December, 1999. CORPORATION Taylor Capital Group, Inc. By: /s/ Bruce W. Taylor --------------------------------------- Its: President -------------------------------------- PRINCIPAL STOCKHOLDERS /s/ Iris Tark Taylor -------------------------------------------- Iris Tark Taylor, as Trustee Under Voting Trust Agreement dated as of November 30, 1998 /s/ Jeffrey W. Taylor -------------------------------------------- Jeffrey W. Taylor, as Trustee Under Voting Trust Agreement dated as of November 30, 1998 /s/ Bruce W. Taylor -------------------------------------------- Bruce W. Taylor, as Trustee Under Voting Trust Agreement dated as of November 30, 1998 /s/ Cindy Taylor Bleil -------------------------------------------- Cindy Taylor Bleil, as Trustee Under Voting Trust Agreement dated as of November 30, 1998 TAYLOR FAMILY PARTNERSHIP, L.P. ------------------------------- Shirley Tark Grandchildrens Trust F/B/O Jeffrey W. Taylor U/A/D 1/20/78, General Partner By: /s/ Iris Tark Taylor -------------------------------------------- Iris Tark Taylor, Trustee By: /s/ Melvin E. Pearl -------------------------------------------- Melvin E. Pearl, Trustee Shirley Tark Grandchildrens Trust F/B/O Bruce W. Taylor U/A/D 1/20/78, General Partner By: /s/ Iris Tark Taylor -------------------------------------------- Iris Tark Taylor, Trustee By: /s/ Melvin E. Pearl -------------------------------------------- Melvin E. Pearl, Trustee Shirley Tark Grandchildrens Trust F/B/O Cindy Taylor Bleil U/A/D 1/20/78, General Partner By: /s/ Iris Tark Taylor -------------------------------------------- Iris Tark Taylor, Trustee By: /s/ Melvin E. Pearl -------------------------------------------- Melvin E. Pearl, Trustee Cindy L. Taylor Gift Trust U/A/D 6/10/82 By: /s/ Melvin E. Pearl --------------------------------------- Melvin E. Pearl, Trustee Bruce W. Taylor Gift Trust U/A/D 6/10/82 By: /s/ Melvin E. Pearl --------------------------------------- Melvin E. Pearl, Trustee Jeffrey W. Taylor Gift Trust U/A/D 6/10/82 By: /s/ Melvin E. Pearl --------------------------------------- Melvin E. Pearl, Trustee SCHEDULE A Principal Stockholder SHIRLEY TARK GRANDCHILDRENS TRUSTS: for Jeffrey for Bruce for Cindy TAYLOR FAMILY PARTNERSHIP, L.P. SHIRLEY TARK GREAT-GRANDCHILDRENS TRUST: for Family of Jeffrey for Family of Cindy for Family of Bruce TAYLOR GIFT TRUSTS: Cindy Taylor Gift Trust Bruce Taylor Gift Trust Jeff Taylor Gift Trust TAYLOR ANNUAL GIFT TRUSTS: for Jeffrey for Bruce for Cindy for Brian for Adam for Melissa for Emily for Stephanie Lynn for Lisa Rebecca for Rebecca Inez for Brett Daniel for Elizabeth Ann for Ryan IRIS FUND U/LILLIAN M. TARK TRUST TAYLOR 1992 GIFT TRUSTS: for Stephanie for Lisa for Rebecca for Brett for Elizabeth for Ryan for Elliott for Adam for Emily for Melissa for Brian Sidney J. Taylor Revocable Trust Sidney J. Taylor Revocable Trust Sidney J. Taylor Sidney J. Taylor IRA Cindy Taylor Bleil Jeffrey W. Taylor Bruce W. Taylor Susan Taylor Revocable Trust Barbara Taylor Dan Bleil SCHEDULE B Depositor Trustee SHIRLEY TARK GRANDCHILDRENS TRUSTS: for Jeffrey Jeffrey Taylor for Bruce Bruce Taylor for Cindy Cindy Taylor Bleil SHIRLEY TARK GREAT-GRANDCHILDRENS TRUST: for Family of Jeffrey Jeffrey Taylor for Family of Cindy Cindy Taylor Bleil for Family of Bruce Bruce Taylor TAYLOR ANNUAL GIFT TRUSTS: for Jeffrey Jeffrey Taylor for Bruce Bruce Taylor for Cindy Cindy Taylor Bleil for Brian Jeffrey Taylor for Adam Jeffrey Taylor for Melissa Jeffrey Taylor for Emily Jeffrey Taylor for Stephanie Lynn Bruce Taylor for Lisa Rebecca Jeffrey Taylor for Rebecca Inez Cindy Taylor Bleil for Brett Daniel Bruce Taylor for Elizabeth Ann Cindy Taylor Bleil for Ryan Bruce Taylor IRIS FUND U/LILLIAN M. TARK TRUST Iris Tark Taylor TAYLOR 1992 GIFT TRUSTS: for Stephanie Bruce Taylor for Lisa Jeffrey Taylor for Rebecca Cindy Taylor Bleil for Brett Bruce Taylor for Elizabeth Cindy Taylor for Ryan Bruce Taylor for Elliott Jeffrey Taylor for Adam Jeffrey Taylor for Emily Jeffrey Taylor for Melissa Jeffrey Taylor for Brian Jeffrey Taylor Sidney J. Taylor Revocable Trust Iris Tark Taylor Sidney J. Taylor Revocable Trust Iris Tark Taylor Sidney J. Taylor Iris Tark Taylor Sidney J. Taylor IRA Iris Tark Taylor Cindy Taylor Bleil Cindy Taylor Bleil Jeffrey W. Taylor Jeffrey Taylor Bruce W. Taylor Bruce Taylor Susan Taylor Revocable Trust Jeffrey Taylor Barbara Taylor Bruce Taylor Dan Bleil Cindy Taylor Bleil