Employment. 1.1 Title. The Executive is employed as the Chief Executive Officer and President of the Company and the Bank. In this capacity, the Executive shall have such duties and responsibilities as may be designated by the Board of Directors of the Company and the Bank in accordance with the objectives or policies of the Board of Directors of the Company and the Bank, from time to time, in connection with the business activities of the Company and the Bank. 1.2
... Devotion to Bank Business. The Executive shall devote Executive’s full business time, ability, and attention to the business of the Company and the Bank during the term of this Agreement and shall not during the term of this Agreement engage in any other business activities, duties, or pursuits whatsoever, or directly or indirectly render any services of a business, commercial, or professional nature to any other person or organization, whether for compensation or otherwise, without the prior written consent of the Board of Directors of the Company and the Bank. It shall not be a violation of this Agreement for the Executive to (i) serve on corporate, civic or charitable boards or committees, (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions and (iii) manage personal investments, so long as such activities do not 1 significantly interfere with the performance of the Executive’s responsibilities as an employee of the Company and the Bank in accordance with this Agreement. Nothing in this Agreement shall be interpreted to prohibit the Executive from making passive personal investments. However, the Executive shall not directly or indirectly acquire, hold, or retain any interest in any business competing with or similar in nature to the business of the Bank and the Company, except as permitted by Company policies or authorized by the Board of Directors of the Company and the Bank. 1.3 Standard. The Executive will set a high standard of professional conduct given the Executive’s role with the Company and the Bank and the Executive’s responsibility relative to the Company’s and the Bank’s presence and stature in the community. The Executive will, at all times, emulate this high professional standard of conduct in order to develop and enhance the Company’s and the Bank’s reputation and image. The Executive will comply with all applicable rules, policies and procedures of the Company and the Bank and any of its subsidiaries and all pertinent regulatory standards as may affect the Company and the Bank. 1.4 Location. The Executive shall provide services for the Company and the Bank at their principal executive offices located in San Jose, California. The Executive agrees that the Executive will be regularly present at the Company’s principal executive offices and that the Executive may be required to travel from time to time in the course of performing the Executive’s duties for the Company and the Bank. 1.5 No Breach of Contract. The Executive hereby represents to the Company and the Bank that: (i) the execution and delivery of this Agreement by the Executive and the performance by the Executive of the Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of any other agreement or policy to which the Executive is a party or by which the Executive is otherwise bound; (ii) that the Executive has no information (including, without limitation, confidential information or trade secrets) of any other person or entity which the Executive is not legally and contractually free to disclose the Company and the Bank; and (iii) that except as disclosed (and provided copies) the Executive is not bound by any confidentiality, trade secret or similar agreement (other than this Agreement) with any other person or entity.
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Employment. 1.1 Title. The Executive is employed as
the Chief Senior Executive
Vice President and Co-Chief Lending Officer
and President of the
Company and the Bank.
In The job description for this
capacity, the position is attached hereto as Exhibit A. The Executive shall have such
other duties and responsibilities as may be designated
to her by the
President of the Bank, or its Board of
Directors of the Company Directors, and
the Bank in accordance with the objectives or policies of the Board of
Directors... of the Company and the Bank, Directors, from time to time, in connection with the business activities of the Company and the Bank. 1.2 Devotion to To Bank Business. The Executive shall devote Executive’s her full business time, ability, and attention to the business of the Company and the Bank during the term of this Agreement and shall not during the term of this Agreement engage in any other business activities, duties, or pursuits whatsoever, or directly or indirectly render any services of a business, commercial, or professional nature to any other person or organization, whether for compensation or otherwise, without the prior written consent of the Board of Directors of the Company and the Bank. It shall not be a violation of this Agreement for the Executive to (i) (A) serve on corporate, civic or charitable boards or committees, (ii) committees or to deliver lectures, fulfill speaking engagements or teach at educational institutions and (iii) manage personal investments, so long as such activities do not 1 significantly interfere with the performance of the Executive’s responsibilities as an employee of the Company and the Bank in accordance with this Agreement. Agreement provided such activity is disclosed in writing to the Bank, or (B) manage personal investments. Nothing in this Agreement shall be interpreted to prohibit the Executive from making passive personal investments. However, the Executive shall not directly or indirectly acquire, hold, or retain any interest in any business competing with or similar in nature to the business of the Bank and the Company, except as permitted by Company policies or authorized by the Board of Directors of the Company and the Bank. 1.3 Standard. The Executive will set a high standard of professional conduct given the Executive’s her role with the Company and the Bank and the Executive’s her responsibility relative to the Company’s and the Bank’s presence and stature in the community. The Executive will, at all times, emulate this high professional standard of conduct in order to develop and enhance the Company’s and the Bank’s reputation and image. The Executive will comply with all applicable rules, policies and procedures of the Company and the Bank and any of its subsidiaries and all pertinent regulatory standards as may affect the Company and the Bank. 1.4 Location. The Executive shall provide services for the Company and the Bank at their principal executive its offices located in San Jose, Oakland, California. The Executive agrees that the Executive will be regularly present at the Company’s principal executive offices here and further understands that the Executive may be required to travel from time to time in the course of performing the Executive’s duties for the Company and the Bank. -1- 1.5 No Breach of Of Contract. The Executive hereby represents to the Company and the Bank that: (i) the execution and delivery of this Agreement by the Executive and the performance by the Executive of the Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of any other agreement or policy to which the Executive is a party or by which the Executive she is otherwise bound; and (ii) that the Executive has no information (including, without limitation, confidential information or trade secrets) of any other person or entity which the Executive is not legally and contractually free to disclose the Company and the Bank; and (iii) that except as disclosed (and provided copies) the Executive is not bound by any confidentiality, trade secret or similar agreement (other than this Agreement) with any other person or entity.
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Employment. 1.1 Title. The Executive is employed as
Senior Executive Vice President and Chief Credit Officer of the Bank. The job description for this position is attached hereto as Exhibit A. The Executive will report to the Chief Executive Officer
and President of the
Company Bank and
the Bank. In this capacity, the Executive shall have such
other duties and responsibilities as may be designated
to her by the
Chief Executive Officer, or the Bank’s Board of
Directors of the Company Directors, and
the Bank ...in accordance with the objectives or policies of the Board of Directors of the Company and the Bank, Directors, from time to time, in connection with the business activities of the Company and the Bank. 1.2 Devotion to To Bank Business. The Executive shall devote Executive’s her full business time, ability, and attention to the business of the Company and the Bank during the term of this Agreement and shall not during the term of this Agreement engage in any other business activities, duties, or pursuits whatsoever, or directly or indirectly render any services of a business, commercial, or professional nature to any other person or organization, whether for compensation or otherwise, without the prior written consent of the Board of Directors of the Company and the Bank. It shall not be a violation of this Agreement for the Executive to (i) (A) serve on corporate, civic or charitable boards or committees, (ii) committees or to deliver lectures, fulfill speaking engagements or teach at educational institutions and (iii) manage personal investments, so long as such activities do not 1 significantly interfere with the performance of the Executive’s responsibilities as an employee of the Company and the Bank in accordance with this Agreement. Agreement provided such activity is disclosed in writing to the Bank, or (B) manage personal investments. Nothing in this Agreement shall be interpreted to prohibit the Executive from making passive personal investments. However, the Executive shall not directly or indirectly acquire, hold, or retain any interest in any business competing with or similar in nature to the business of the Bank and the Company, except as permitted by Company policies or authorized by the Board of Directors of the Company and the Bank. 1.3 Standard. The Executive will set a high standard of professional conduct given the Executive’s her role with the Company and the Bank and the Executive’s her responsibility relative to the Company’s and the Bank’s presence and stature in the community. The Executive will, at all times, emulate this high professional standard of conduct in order to develop and enhance the Company’s and the Bank’s reputation and image. The Executive will comply with all applicable rules, policies and procedures of the Company and the Bank and any of its subsidiaries and all pertinent regulatory standards as may affect the Company and the Bank. 1.4 Location. The Executive shall provide services for the Company and the Bank at their principal executive its offices located in San Jose, Oakland, California. The Executive agrees that the Executive will be regularly present at the Company’s principal executive offices here and further understands that the Executive may be required to travel from time to time in the course of performing the Executive’s duties for the Company and the Bank. -1- 1.5 No Breach of Of Contract. The Executive hereby represents to the Company and the Bank that: (i) the execution and delivery of this Agreement by the Executive and the performance by the Executive of the Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of any other agreement or policy to which the Executive is a party or by which the Executive she is otherwise bound; and (ii) that the Executive has no information (including, without limitation, confidential information or trade secrets) of any other person or entity which the Executive is not legally and contractually free to disclose the Company and the Bank; and (iii) that except as disclosed (and provided copies) the Executive is not bound by any confidentiality, trade secret or similar agreement (other than this Agreement) with any other person or entity.
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Employment. 1.1 Title. The Executive is employed as
the Chief Executive
Officer and Vice President of the
Company and the Bank.
In The job description for this
capacity, the position is attached hereto as Exhibit A. The Executive shall have such
other duties and responsibilities as may be designated
to him by the
President of the Bank, or its Board of
Directors of the Company Directors, and
the Bank in accordance with the objectives or policies of the Board of
Directors of the Company and the Bank, Director...s, from time to time, in connection with the business activities of the Company and the Bank. 1.2 Devotion to To Bank Business. The Executive shall devote Executive’s his full business time, ability, and attention to the business of the Company and the Bank during the term of this Agreement and shall not during the term of this Agreement engage in any other business activities, duties, or pursuits whatsoever, or directly or indirectly render any services of a business, commercial, or professional nature to any other person or organization, whether for compensation or otherwise, without the prior written consent of the Board of Directors of the Company and the Bank. It shall not be a violation of this Agreement for the Executive to (i) (A) serve on corporate, civic or charitable boards or committees, (ii) committees or to deliver lectures, fulfill speaking engagements or teach at educational institutions and (iii) manage personal investments, so long as such activities do not 1 significantly interfere with the performance of the Executive’s responsibilities as an employee of the Company and the Bank in accordance with this Agreement. Agreement provided such activity is disclosed in writing to the Bank, or (B) manage personal investments. Nothing in this Agreement shall be interpreted to prohibit the Executive from making passive personal investments. However, the Executive shall not directly or indirectly acquire, hold, or retain any interest in any business competing with or similar in nature to the business of the Bank and the Company, except as permitted by Company policies or authorized by the Board of Directors of the Company and the Bank. 1.3 Standard. The Executive will set a high standard of professional conduct given the Executive’s his role with the Company and the Bank and the Executive’s his responsibility relative to the Company’s and the Bank’s presence and stature in the community. The Executive will, at all times, emulate this high professional standard of conduct in order to develop and enhance the Company’s and the Bank’s reputation and image. The Executive will comply with all applicable rules, policies and procedures of the Company and the Bank and any of its subsidiaries and all pertinent regulatory standards as may affect the Company and the Bank. 1.4 Location. The Executive shall provide services for the Company and the Bank at their principal executive its offices located in San Jose, Lafayette, California. The Executive agrees that the Executive will be regularly present at the Company’s principal executive offices here and further understands that the Executive may be required to travel from time to time in the course of performing the Executive’s duties for the Company and the Bank. -1- 1.5 No Breach of Of Contract. The Executive hereby represents to the Company and the Bank that: (i) the execution and delivery of this Agreement by the Executive and the performance by the Executive of the Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of any other agreement or policy to which the Executive is a party or by which the Executive he is otherwise bound; and (ii) that the Executive has no information (including, without limitation, confidential information or trade secrets) of any other person or entity which the Executive is not legally and contractually free to disclose the Company and the Bank; and (iii) that except as disclosed (and provided copies) the Executive is not bound by any confidentiality, trade secret or similar agreement (other than this Agreement) with any other person or entity. 2 Term. The term of this Agreement shall be a period of one (1) year from the Effective Date, subject to the termination provisions of Section 7. Upon the occurrence of the first annual anniversary of the Effective Date; and on each anniversary date thereafter, the term of this Agreement shall be deemed automatically extended for an additional one (1) year term, subject to the termination provisions of Section 7.
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Employment. 1.1 Title. The Executive is employed as the
President and Chief Executive Officer
and President of the Company and the Bank. In this capacity, the Executive shall have such duties and responsibilities as may be designated by the Board of Directors of the Company and the Bank in accordance with the objectives or policies of the Board of Directors of the Company and the Bank, from time to time, in connection with the business activities of the Company and the Bank. 1.2 Devotion to Bank Business. T
...he Executive shall devote Executive’s full business time, ability, and attention to the business of the Company and the Bank during the term of this Agreement and shall not during the term of this Agreement engage in any other business activities, duties, or pursuits whatsoever, or directly or indirectly render any services of a business, commercial, or professional nature to any other person or organization, whether for compensation or otherwise, without the prior written consent of the Board of Directors of the Company and the Bank. It shall not be a violation of this Agreement for the Executive to (i) (a) serve on corporate, civic or charitable boards or committees, (ii) (b) deliver lectures, fulfill speaking engagements or teach at educational institutions and (iii) (c) manage personal investments, so long as such activities do not 1 significantly interfere with the performance of the Executive’s responsibilities as an employee of the Company and the Bank in accordance with this Agreement. Nothing in this Agreement shall be interpreted to prohibit the Executive from making passive personal investments. However, the Executive shall not directly or indirectly acquire, hold, or retain any interest in any business competing with or similar in nature to the business of the Bank and the Company, except as permitted by Company or Bank policies or authorized by the Board of Directors of the Company and the Bank. 1 1.3 Standard. The Executive will set a high standard of professional conduct given the Executive’s role with the Company and the Bank and the Executive’s responsibility relative to the Company’s and the Bank’s presence and stature in the community. The Executive will, at all times, emulate this high professional standard of conduct in order to develop and enhance the Company’s and the Bank’s reputation and image. The Executive will comply with all applicable rules, policies and procedures of the Company and the Bank and any of its subsidiaries and all pertinent regulatory standards as may affect the Company and the Bank. 1.4 Location. The Executive Executive’s official office shall provide services for be at the principal executive offices of the Company and the Bank at their principal executive offices located in San Jose, California. The California, however, it is understood that Executive agrees that may work remotely or from any one of the Executive will be regularly present at the Company’s principal executive offices and that the Bank’s branch offices. Executive may be required to travel from time to time in the course of performing the Executive’s duties for the Company and the Bank. 1.5 No Breach of Contract. The Executive hereby represents to the Company and the Bank that: (i) (a) the execution and delivery of this Agreement by the Executive and the performance by the Executive of the Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of any other agreement or policy to which the Executive is a party or by which the Executive is otherwise bound; (ii) (b) that the Executive has no information (including, without limitation, confidential information or trade secrets) of any other person or entity which the Executive is not legally and contractually free to disclose to the Company and the Bank; and (iii) (c) that except as disclosed (and provided copies) the Executive is not bound by any confidentiality, trade secret or similar agreement (other than this Agreement) with any other person or entity.
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Employment. 1.1 Title. The Executive is employed as the
President and Chief Executive Officer
and President of the Company and the Bank. In this capacity, the Executive shall have such duties and responsibilities as may be designated by the Board of Directors of the Company and the Bank in accordance with the objectives or policies of the Board of Directors of the Company and the Bank, from time to time, in connection with the business activities of the Company and the Bank. 1.2 Devotion to Bank Business. T
...he Executive shall devote Executive’s full business time, ability, and attention to the business of the Company and the Bank during the term of this Agreement and shall not during the term of this Agreement engage in any other business activities, duties, or pursuits whatsoever, or directly or indirectly render any services of a business, commercial, or professional nature to any other person or organization, whether for compensation or otherwise, without the prior written consent of the Board of Directors of the Company and the Bank. It shall not be a violation of this Agreement for the Executive to (i) serve on corporate, civic or charitable boards or committees, (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions and (iii) manage personal investments, so long as such activities do not 1 significantly interfere with the performance of the Executive’s responsibilities as an employee of the Company and the Bank in accordance with this Agreement. Nothing in this Agreement shall be interpreted to prohibit the Executive from making passive personal investments. However, the Executive shall not directly or indirectly acquire, hold, or retain any interest in any business competing with or similar in nature to the business of the Bank and the Company, except as permitted by Company policies or authorized by the Board of Directors of the Company and the Bank. 1 1.3 Standard. The Executive will set a high standard of professional conduct given the Executive’s role with the Company and the Bank and the Executive’s responsibility relative to the Company’s and the Bank’s presence and stature in the community. The Executive will, at all times, emulate this high professional standard of conduct in order to develop and enhance the Company’s and the Bank’s reputation and image. The Executive will comply with all applicable rules, policies and procedures of the Company and the Bank and any of its subsidiaries and all pertinent regulatory standards as may affect the Company and the Bank. 1.4 Location. The Executive Executive’s official office shall provide services for be at the principal executive offices of the Company and the Bank at their principal executive offices located in San Jose, California. The California, however, it is understood that Executive agrees that may work remotely or from any one of the Executive will be regularly present at Bank’s branch offices (or from home in the Company’s principal executive offices and that case of complications from the Covid-19 pandemic). Executive may be required to travel from time to time in the course of performing the Executive’s duties for the Company and the Bank. 1.5 No Breach of Contract. The Executive hereby represents to the Company and the Bank that: (i) the execution and delivery of this Agreement by the Executive and the performance by the Executive of the Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of any other agreement or policy to which the Executive is a party or by which the Executive is otherwise bound; (ii) that the Executive has no information (including, without limitation, confidential information or trade secrets) of any other person or entity which the Executive is not legally and contractually free to disclose to the Company and the Bank; and (iii) that except as disclosed (and provided copies) the Executive is not bound by any confidentiality, trade secret or similar agreement (other than this Agreement) with any other person or entity.
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Employment. 1.1 Title. The Executive is employed as
the an Executive Vice President, Chief
Executive Risk Officer and
President Corporate Secretary of the Company and the Bank. In this capacity, the Executive shall have such duties and responsibilities as may be designated
to the Executive by the
Board of Directors Chief Executive Officer of the Company and the Bank
and in accordance with the objectives or policies of the Board of Directors of the Company and the Bank, from time to time, in connection with
...the business activities of the Company and the Bank. 1.2 Devotion to Bank Business. The Executive shall devote Executive’s full business time, ability, and attention to the business of the Company and the Bank during the term of this Agreement and shall not during the term of this Agreement engage in any other business activities, duties, or pursuits whatsoever, or directly or indirectly render any services of a business, commercial, or professional nature to any other person or organization, whether for compensation or otherwise, without the prior written consent of the Board of Directors of the Company and the Bank. It shall not be a violation of this Agreement for the Executive to (i) (a) serve on corporate, civic or charitable boards or committees, (ii) (b) deliver lectures, fulfill speaking engagements or teach at educational institutions and (iii) (c) manage personal investments, so long as such activities do not 1 significantly interfere with the performance of the Executive’s responsibilities as an employee of the Company and the Bank in accordance with this Agreement. Nothing in this Agreement shall be interpreted to prohibit the Executive from making passive personal investments. However, the Executive shall not directly or indirectly acquire, hold, or retain any interest in any business competing with or similar in nature to the business of the Bank and the Company, except as permitted by the Company and the Bank policies or authorized by the Board of Directors Chief Executive Officer of the Company and the Bank. Company. 1 1.3 Standard. The Executive will set a high standard of professional conduct given the Executive’s role with the Company and the Bank and the Executive’s responsibility relative to the Company’s Company and the Bank’s presence and stature in the community. The Executive will, at all times, emulate this high professional standard of conduct in order to develop and enhance the Company’s and the Bank’s reputation and image. The Executive will comply with all applicable rules, policies and procedures of the Company and the Bank and any of its subsidiaries and all pertinent regulatory standards as may affect the Company and the Bank. 1.4 Location. The Executive shall provide services for the Company and the Bank at their principal executive offices located in San Jose, California. The Executive agrees that the Executive will be regularly present at the Company’s and the Bank’s principal executive offices and that the Executive may be required to travel from time to time in the course of performing the Executive’s duties for the Company and the Bank. 1.5 No Breach of Contract. The Executive hereby represents to the Company and the Bank that: (i) (a) the execution and delivery of this Agreement by the Executive and the performance by the Executive of the Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of any other agreement or policy to which the Executive is a party or by which the Executive is otherwise bound; (ii) (b) that the Executive has no information (including, without limitation, confidential information or trade secrets) of any other person or entity which the Executive is not legally and contractually free to disclose to the Company and the Bank; and (iii) (c) that except as disclosed (and provided copies) the Executive is not bound by any confidentiality, trade secret or similar agreement (other than this Agreement) with any other person or entity. entity other than the Company and the Bank.
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Employment. 1.1 Title. The Executive is employed as
the Chief Executive Officer and President of the
Company and Community Business Banking Group of the Bank. In this capacity, the Executive shall have such duties and responsibilities as may be designated
to the Executive by the
Board President of
Directors of the Company and the Bank in accordance with the objectives or policies of the Board of Directors of the
Company and the Bank, from time to time, in connection with the business activities of the
Compa...ny and Bank. The Executive shall report directly to the President of the Bank. 1.2 Devotion to Bank Business. The Executive shall devote the Executive’s full business time, ability, and attention to the business of the Company and the Bank Business during the term of this Agreement and shall not during the term of this Agreement engage in any other business activities, duties, or pursuits whatsoever, or directly or indirectly render any services of a business, commercial, or professional nature to any other person or organization, whether for compensation or otherwise, without the prior written consent of the Board of Directors of the Company and the Bank. It shall not be a violation of this Agreement for the Executive to (i) serve on corporate, civic or charitable boards or committees, (ii) deliver lectures, fulfill speaking engagements or teach at educational institutions and (iii) manage personal investments, so long as such activities do not 1 significantly interfere with the performance of the Executive’s responsibilities as an employee of the Company and the Bank in accordance with this Agreement. Nothing in this Agreement shall be interpreted to prohibit the Executive from making passive personal investments. However, the Executive shall not directly or indirectly acquire, hold, or retain any interest in any business competing with or similar in nature to the business of the Bank and the Company, Bank, except as permitted by Company Bank policies or authorized by the Board President of Directors of the Company and the Bank. 1.3 Standard. The Executive will set a high standard of professional conduct given the Executive’s role with the Company and the Bank and the Executive’s responsibility relative to the Company’s and the Bank’s presence and stature in the community. The Executive will, at all times, emulate this high professional standard of conduct in order to develop and enhance the Company’s and the Bank’s reputation and image. The Executive’s and the Executive’s family’s eligibility and all other terms and conditions of the Executive’s participation in the Bank’s benefit, insurance and disability plans and programs will be governed by the official plan documents which may change from year-to-year. Notwithstanding the foregoing, in addition to any specific benefits the Executive is entitled to pursuant to the terms of this Agreement, at a minimum the Executive shall be entitled to the same benefits as all other executives in comparable positions with the Bank. The Executive will comply with all applicable rules, policies and procedures of the Company and the Bank and any of its subsidiaries and all pertinent regulatory standards as may affect the Company Bank and the Bank. Company. 1.4 Location. The Executive shall provide services for the Company and the Bank at their its principal executive offices located in San Jose, California. The Executive agrees that the Executive will be regularly present at the Company’s Bank’s principal executive offices and that the Executive may be required to travel from time to time in the course of performing the Executive’s duties for the Company and the Bank. 1.5 No Breach of Contract. The Executive hereby represents to the Company and the Bank that: (i) the execution and delivery of this Agreement by the Executive and the performance by the Executive of the Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of any other agreement or policy to which the Executive is a party or by which the Executive is otherwise bound; (ii) that the Executive has no information (including, 2 without limitation, confidential information or trade secrets) of any other person or entity which the Executive is not legally and contractually free to disclose the Company and the Bank; and (iii) that except as disclosed (and provided copies) the Executive is not bound by any confidentiality, trade secret or similar agreement (other than this Agreement) with any other person or entity.
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Employment. 1.1 Title. The Executive is employed as
the Chief Executive
Vice President/Chief Operating Officer
and President of the Company and the Bank. In this capacity, the Executive shall have such duties and responsibilities as may be designated
to him by the
Board of Directors Chief Executive Officer of the Company and
the Bank in accordance with the objectives or policies of the Board of Directors of the Company and the Bank, from time to time, in connection with the business activities of the Compan
...y and the Bank. 1.2 Devotion to Bank Business. The Executive shall devote Executive’s his full business time, ability, and attention to the business of the Company and the Bank during the term of this Agreement and shall not during the term of this Agreement engage in any other business activities, duties, or pursuits whatsoever, or directly or indirectly render any services of a business, commercial, or professional nature to any other person or organization, whether for compensation or otherwise, without the prior written consent of the Board of Directors of the Company and the Bank. It shall not be a violation of this Agreement for the Executive to (i) (A) serve on corporate, civic or charitable boards or committees, (ii) (B) deliver lectures, fulfill speaking engagements or teach at educational institutions and (iii) (C) manage personal investments, so long as such activities do not 1 significantly interfere with the performance of the Executive’s responsibilities as an employee of the Company and the Bank in accordance with this Agreement. Nothing in this Agreement shall be interpreted to prohibit the Executive from making passive personal investments. However, the Executive shall not directly or indirectly acquire, hold, or retain any interest in any business competing with or similar in nature to the business of the Bank and the Company, except as permitted by Company policies or authorized by the Board of Directors Chief Executive Officer of the Company and the Bank. Company. 1 1.3 Standard. The Executive will set a high standard of professional conduct given the Executive’s his role with the Company and the Bank and the Executive’s his responsibility relative to the Company’s Company and the Bank’s presence and stature in the community. The Executive will, at all times, emulate this high professional standard of conduct in order to develop and enhance the Company’s Company and the Bank’s reputation and image. The Executive’s and his family’s eligibility and all other terms and conditions of the Executive’s participation in the Bank’s or Company’s benefit, insurance and disability plans and programs will be governed by the official plan documents which may change from year-to-year. Notwithstanding the foregoing, at a minimum the Executive shall be entitled to the same benefits as all other executives in comparable positions with the Company and the Bank. The Executive will comply with all applicable rules, policies and procedures of the Company and the Bank and any of its subsidiaries and all pertinent regulatory standards as may affect the Company Bank and the Bank. Company. 1.4 Location. The Executive shall provide services for the Company and the Bank at their principal executive offices located in San Jose, California. The Executive agrees that the Executive will be regularly present at the Company’s Company and the Bank’s principal executive offices and that the Executive may be required to travel from time to time in the course of performing the Executive’s duties for the Company and the Bank. 1.5 No Breach of Contract. The Executive hereby represents to the Company and the Bank that: (i) the execution and delivery of this Agreement by the Executive and the performance by the Executive of the Executive’s duties hereunder shall not constitute a breach of, or otherwise contravene, the terms of any other agreement or policy to which the Executive is a party or by which the Executive he is otherwise bound; (ii) that the Executive has no information (including, without limitation, confidential information or trade secrets) of any other person or entity which the Executive is not legally and contractually free to disclose the Company and the Bank; and (iii) that except as disclosed (and provided copies) the Executive is not bound by any confidentiality, trade secret or similar agreement (other than this Agreement) with any other person or entity.
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