EXHIBIT 10.22
AMENDMENT TO THE
CUPERTINO NATIONAL BANCORP 401(k) PROFIT SHARING PLAN
The Cupertino National Bancorp 401(k) Profit Sharing Plan (the "Plan") is
comprised of the Jordan & Xxxxxxx, Consultants and Actuaries Defined
Contribution Prototype Plan and Trust Agreement and the Adoption Agreement #006
for Nonstandardized Code 401(k) Profit Sharing Plan (the "Adoption Agreement").
Effective January 1, 1996, the provisions of Section 2.01 of the Adoption
Agreement relating to Eligibility Conditions and Plan Entry Date shall be
amended as follows:
2.01 ELIGIBILITY
-----------
ELIGIBILITY CONDITIONS. To become a Participant in the Plan, an Employee
must satisfy the following eligibility conditions: (Choose (a) or (b) or
both; (c) is optional as additional election)
[X] (b) Service requirement. (Choose one of (1) through (3))
[ ] (1) One Year of Service.
[ ] (2) months (not exceeding 12) following the Employee's
--
Employment Commencement Date.
[X] (3) One Hour of Service.
PLAN ENTRY DATE. "Plan Entry Date" means the Effective Date and: (Choose
(d), (e) or (f))
[ ] (d) Semi-annual Entry Dates: The first day of the Plan Year and
the first day of the seventh month of the Plan Year.
[ ] (e) The first day of the Plan Year.
[X] (f) Specify entry dates: The first day of each calendar quarter.
---------------------------------------
For newly hired Employees, the Plan Entry Date is the first
-----------------------------------------------------------
day of the calendar quarter immediately following completion
------------------------------------------------------------
of one hour of service with the Employer. For rehired
-----------------------------------------------------
employees, the Plan Entry Date is the date of re-
-------------------------------------------------
employment."
----------
This Amendment is executed this 21st day of December 1995.
CUPERTINO NATIONAL BANCORP
By: /s/ Xxxxxx Xxxxxxxxx
------------------------------------
Xxxxxx Xxxxxxxxx, Asst. Secretary
