United Security Bancshares Sample Contracts

RECITALS:
Agreement and Plan of Reorganization and Merger • October 10th, 2006 • United Security Bancshares • National commercial banks • California
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RECITALS
Executive Salary Continuation Agreement • April 4th, 2001 • United Security Bancshares • California
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AMENDED AND RESTATED EXECUTIVE SALARY CONTINUATION AGREEMENT
Executive Salary Continuation Agreement • March 17th, 2008 • United Security Bancshares • National commercial banks • California

This amended and restated executive salary agreement (“Agreement”) by and between United Security Bank, a California banking corporation (the “Employer”), and Kenneth L. Donahue, an individual residing in the State of California (hereinafter referred to as the “Executive”) amends and restates the executive salary continuation agreement (“Original Agreement”) made and entered into on January 2, 1997, by and between Employer and Executive.

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EXHIBIT 10.12 NOTWITHSTANDING ANY OTHER PROVISION OF THIS INCENTIVE STOCK OPTION AGREEMENT, NO SHARES OF UNITED SECURITY BANK'S COMMON STOCK SHALL BE ISSUED PURSUANT HERETO UNLESS THE UNITED SECURITY BANK 1995 STOCK OPTION PLAN SHALL HAVE FIRST BEEN...
Incentive Stock Option Agreement • April 4th, 2001 • United Security Bancshares
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CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • March 1st, 2019 • United Security Bancshares • National commercial banks • California

This Change in Control Agreement (this “Agreement”) is made this 23rd day of October, 2018, by and between United Security Bancshares (the “Company”), a California corporation, and Robert Oberg (“Executive”), an individual residing in the state of California, with reference to the following:

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CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • March 17th, 2008 • United Security Bancshares • National commercial banks • California

This Agreement (“Agreement”) is made and entered into as of the 16th day of January, 2008 between United Security Bancshares (“Bancshares”), and William F. Scarborough, an individual residing in the state of California (hereinafter referred to as “Executive”).

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RECITALS
Executive Salary Continuation Agreement • April 4th, 2001 • United Security Bancshares • California
Sample 1Sample 2Sample 3See All (4)
EMPLOYMENT AGREEMENT
Employment Agreement • November 3rd, 2022 • United Security Bancshares • National commercial banks • California

This Employment Agreement (this “Agreement”) is made on this 1st day of November 2022, between United Security Bank (the “Bank”), having a principal place of business at 2126 Inyo Street, Fresno, CA 93721, and David A. Kinross (“Executive”), to which United Security Bancshares is a party, with reference to the following:

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UNITED SECURITY BANCSHARES INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • April 4th, 2011 • United Security Bancshares • National commercial banks

This Incentive Stock Option Agreement (the "Agreement") is made and entered into as of the 7th day of February, 2010, by and between United Security Bancshares, a California corporation (the "Company"), and Richard B. Shupe ("Optionee");

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EXECUTIVE SALARY CONTINUATION AGREEMENT
Executive Salary Continuation Agreement • March 2nd, 2018 • United Security Bancshares • National commercial banks • California

This Executive Salary Continuation Agreement (this “Agreement”) is entered into by and between United Security Bank, a California banking corporation (the “Employer”), and William M. Yarbenet, an individual residing in the State of California (the “Officer”) as of ____________, 2015, with reference to the following:

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AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • March 17th, 2008 • United Security Bancshares • National commercial banks • California

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (“Agreement”) is made and effective as of this _16th_ day of _January_, 2008, by and among United Security Bank, a California state-chartered bank (“Bank”), and United Security Bancshares, a California corporation (‘Bancshares”), (collectively “Company”) and Dennis R. Woods (“Employee”), with respect to the following facts:

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EXECUTIVE SALARY CONTINUATION AGREEMENT
Executive Salary Continuation Agreement • March 9th, 2022 • United Security Bancshares • National commercial banks • California

This Executive Salary Continuation Agreement (this "Agreement") is entered into by and between United Security Bank, a California banking corporation (the "Employer") and Robert Oberg, an individual residing in the State of California (the "Officer") as of October 27, 2020, with reference to the following:

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UNITED SECURITY BANCSHARES INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • May 15th, 2006 • United Security Bancshares • National commercial banks

This Incentive Stock Option Agreement (the “Agreement”) is made and entered into as of the day of , , by and between United Security Bancshares, a California corporation (the “Company”), and (“Optionee”);

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WITNESSETH:
Change in Control Agreement • April 4th, 2001 • United Security Bancshares • California
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UNITED SECURITY BANCSHARES INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • March 15th, 2006 • United Security Bancshares • National commercial banks

This Incentive Stock Option Agreement (“Agreement”) is made and entered into as of the 1st day of August 2005, by and between UNITED SECURITY BANCSHARES, a Company holding company (the “Company”), and William Scarborough (“Optionee”);

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RESTRICTED SHARE AWARD AGREEMENT
Award Agreement • April 14th, 2015 • United Security Bancshares • National commercial banks • California

THIS AWARD AGREEMENT (this “Award Agreement”), dated as of the Award Date specified above, is entered into by and between United Security Bancshares (the “Company”) and the Participant specified above, pursuant to the United Security Bancshares 2015 Equity Incentive Award Plan as in effect and as amended from time to time (“Plan”) with reference to the following:

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RESTRICTED STOCK UNIT AWARD AGREEMENT
Award Agreement • April 14th, 2015 • United Security Bancshares • National commercial banks • California

THIS AWARD AGREEMENT (this “Award Agreement”), dated as of the Award Date specified above, is entered into by and between United Security Bancshares (the “Company”) and the Participant specified above, pursuant to the United Security Bancshares 2015 Equity Incentive Award Plan as in effect and as amended from time to time (“Plan”) with reference to the following:

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STOCK OPTION AGREEMENT
Stock Option Agreement • April 14th, 2015 • United Security Bancshares • National commercial banks • California

THIS STOCK OPTION AGREEMENT is made this ___ day of ________, 20___, by and between United Security Bancshares (the “Company”) and _______________________ (“Optionee”) pursuant to the United Security Bancshares 2015 Equity Incentive Award Plan as in effect and as amended from time to time (“Plan”) with reference to the following:

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NOTWITHSTANDING ANY OTHER PROVISION OF THIS INCENTIVE STOCK OPTION AGREEMENT, NO SHARES OF UNITED SECURITY BANK'S COMMON STOCK SHALL BE ISSUED PURSUANT HERETO UNLESS THE UNITED SECURITY BANK 1995 STOCK OPTION PLAN SHALL HAVE FIRST BEEN APPROVED BY THE...
Incentive Stock Option Agreement • April 4th, 2001 • United Security Bancshares
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SHAREHOLDER EXCHANGE AGREEMENT
Shareholder Exchange Agreement • October 26th, 2012 • United Security Bancshares • National commercial banks • California

This Shareholder Exchange Agreement ("Agreement") is made and entered into this _____ day of _____, 2012, by and between ________________ ("Shareholder") and United Security Bancshares ("USB"), a California corporation.

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EXECUTIVE SALARY CONTINUATION AGREEMENT
Executive Salary Continuation Agreement • March 15th, 2006 • United Security Bancshares • National commercial banks • California

This Agreement is made and entered into this _01_ day of _Jan_, 2006, by and between United Security Bank, a California banking corporation (the “Employer”), and William F. Scarborough, an individual residing in the State of California (hereinafter referred to as the “Executive”). The purpose of this Agreement is to provide specified benefits to the Executive, a member of a select group of management or highly compensated employees who contribute materially to the continued growth, development, and future business success of the Employer.

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UNITED SECURITY BANCSHARES NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • May 15th, 2006 • United Security Bancshares • National commercial banks

This Nonqualified Stock Option Agreement (the “Agreement”) is made and entered into as of the day of , , by and between United Security Bancshares, a California corporation (the “Bancorp”), and , (“Optionee”);

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SUBSCRIPTION AGREEMENT
Subscription Agreement • October 26th, 2012 • United Security Bancshares • National commercial banks • California
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WITNESSETH:
Change in Control Agreement • April 4th, 2001 • United Security Bancshares • California
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WITNESSETH:
Change in Control Agreement • April 4th, 2001 • United Security Bancshares • California
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FIRST AMENDMENT TO THE AGREEMENT AND PLAN OF REORGANIZATION AND MERGER
The Agreement and Plan of Reorganization and Merger • December 5th, 2006 • United Security Bancshares • National commercial banks

This First Amendment (“Amendment”) to the Agreement and Plan of Reorganization and Merger dated October 6, 2006 (the “Original Agreement”) is entered as of December 1, 2006, by and among United Security Bancshares, a California corporation (“Bancshares”); United Security Bank, a California banking corporation and wholly-owned subsidiary of Bancshares (“USB”) and Legacy Bank, N.A. a national banking association (“Legacy”).

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UNITED STATES OF AMERICA BEFORE THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM WASHINGTON, D.C.
United Security Bancshares • March 25th, 2010 • National commercial banks

WHEREAS, in recognition of their common goal to maintain the financial soundness of United Security Bancshares, Fresno, California (“Bancshares”), a registered bank holding company, and its subsidiary, United Security Bank, Fresno, California (the “Bank”), a state chartered bank that is a member of the Federal Reserve System, Bancshares, the Bank, and the Federal Reserve Bank of San Francisco (the “Reserve Bank”) have mutually agreed to enter into this Written Agreement (the “Agreement”); and

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WITNESSETH:
Change in Control Agreement • April 4th, 2001 • United Security Bancshares • California
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