Mr. Steven B. Leonard
Exhibit 10.10
Xx. Xxxxxx X. Xxxxxxx
000 Xxxx Xxxxx
Xxxxxx, XX 00000
415-722.1080
December 9, 2009
Xx. Xxx Kaselionas
CIRCLE BANK
0000 Xxxxx Xxxxxx
Xxxxxx, XX 00000
Acquisition of 999 Grant Note and Deed of Trust from Umpqua Bank
Xxx,
In the event Circle Bank completes its acquisition of the Note and Deed of Trust from Umpqua Bank which is secured by 000 Xxxxx Xxxxxx, Xxxxxx, XX Circle Bank will agree to pay Xxxxxx B, Xxxxxxx $16,000 as a consulting fee for services rendered in connection with acquisition of this note. Please sign and return this letter as soon as possible.
Respectfully,
Xxxxxx X. Xxxxxxx
Agreed and Approved:
Circle Bank-Xxx Kaselionas
