EXHIBIT 10.28
SECOND AMENDMENT
TO THE
SERVICE 1ST BANK
SALARY CONTINUATION AGREEMENT
DATED SEPTEMBER 10, 2003
FOR
XXXXXX X. XXXXX
THIS AMENDMENT is adopted this 8th day of August, 2005, by and between
SERVICE 1ST BANK, a state-chartered commercial bank located in Stockton,
California (the "Company") and XXXXXX X. XXXXX (the "Executive").
The Company and the Executive executed the Salary Continuation
Agreement on September 10, 2003 (the "Agreement") and the First Amendment to the
Salary Continuation Agreement on August 8, 2005.
The undersigned hereby amends, in part, said Agreement for the purpose
of changing the Normal Retirement Age. Therefore, the following change shall be
made:
Article 1.13 of the Agreement shall be deleted in its entirety and
replaced by Article 1.13 below.
1.13 "Normal Retirement Age" means the Executive's sixty-fifth (65th)
birthday.
The Schedule A attached to the Agreement shall also be amended in its
entirety and replaced with the new Schedule A attached to this Amendment.
IN WITNESS OF THE ABOVE, the Executive and the Company hereby consent
to this Second Amendment.
Executive: SERVICE 1ST BANK
/s/ XXXXXX X. XXXXX By /s/ XXXX X. XXXXXX
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Xxxxxx X. Xxxxx Xxxx X. Xxxxxx
Title Chairman
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