Exhibit 10(n)
AMENDMENT NO. 1 TO
INDEMNIFICATION AGREEMENT
SONOMA NATIONAL BANK
Recital
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This Amendment No. 1 to the Indemnification Agreement (the "Agreement")
dated February 16, 1993 between Xxxxxxx X. Xxxxxxx, ("Indemnitee"), and
Sonoma National Bank, a national banking association (the "Association"),
is made as of the 27th day of September, 2005, for the purpose of
clarifying Paragraph 7 of the Agreement regarding the laws and/or
regulations that limit the Association's ability to indemnify Indemnitee.
Agreement
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1. Amendment to Paragraph 7 of Indemnification Agreement.
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Paragraph 7 of the Agreement is hereby amended by the addition of a
new Subsection (b) to read in its entirety as follows:
"(b) Applicable Law. To indemnify Indemnitee for expenses, penalties
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or other payments, or for any other amounts, in violation of
applicable banking laws or regulations including, but not limited to,
Xxxxxxx 00 X.X.X. 0000(x) of the Federal Deposit Insurance Act, the
regulations of the Federal Deposit Insurance Corporation thereunder,
or the regulations of the Office of the Comptroller of the Currency,
as now or hereafter in effect."
2. Renumbering of Subsections.
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Subsections (b), (c), (d) and (e) of Paragraph 7 of the Agreement are
hereby renumbered as Subsections (c), (d), (e) and (f), respectively.
Authorized Signatures
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In order to bind the parties to this Amendment No. 1 to this
Agreement, their duly authorized representatives have signed their
names below on the dates indicated.
Sonoma National Bank Date Executed: 9/27/05
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By /s/ Xxxxxx X. Xxxxxx
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Address: 000 Xxxxxx Xxxxxx
Xxxxx Xxxx, XX 00000
AGREED TO AND ACCEPTED:
INDEMNITEE Xxxxxxx X. Xxxxxxx Date Executed: 9/27/05
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Signature /s/ Xxxxxxx X. Xxxxxxx
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Address: 0000 Xxxxxx Xxxxx
Xxxxx Xxxx, XX 00000
