AMENDMENT TO EMPLOYMENT AGREEMENT
Exhibit 99.1
AMENDMENT TO EMPLOYMENT AGREEMENT
THIS AMENDMENT TO EMPLOYMENT AGREEMENT (the “Amendment”) is
made and entered into effective December 20, 2005 between BANK OF COMMERCE
HOLDINGS, a California corporation, and XXXXXXX BANK OF COMMERCE, a
California corporation and a wholly owned subsidiary of BANK OF COMMERCE
HOLDINGS (collectively the “Bank”), and XXXXXXX X. XXXXX (the “Executive”).
1. Amendment of Employment Agreement: Section 2 of the Employment
Agreement is amended in its entirety to state as follows:
Agreement is amended in its entirety to state as follows:
“2. Term: The term of this Agreement shall commence as provided
hereinabove and terminate at midnight, December 31, 2006, subject only to
earlier termination as hereinafter provided in Section 4, and further subject to
extension by mutual agreement in writing between Bank and Executive.”
2. Mutual Agreement to Extension: This Amendment shall constitute mutual
agreement in writing with respect to the extension herein provided as required by Section 2
of the Employment Agreement.
3. Confirmation of Remainder of Employer Agreement: Except as
specifically hereinabove amended with respect to the date of the termination of the
Employment Agreement, all terms and conditions of the Employment Agreement attached
hereto as Exhibit A shall remain in full and effect.
IN WITNESS WHEREOF, the parties have executed this Amendment to be effective as of the date first above written.
BANK OF COMMERCE HOLDINGS
By: XXXXX X. XXXXXXXX, Chairman
By: XXXXX X. XXXXX, Secretary
REDDING BANK OF COMMERCE
By: XXXXX X. XXXXXXXX, Chairman
By: XXXXX X. XXXXX, Secretary
By: XXXXX X. XXXXXXXX, Chairman
By: XXXXX X. XXXXX, Secretary
REDDING BANK OF COMMERCE
By: XXXXX X. XXXXXXXX, Chairman
By: XXXXX X. XXXXX, Secretary
EXECUTIVE:
XXXXXXX X. XXXXX
XXXXXXX X. XXXXX
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