EMPLOYMENT AGREEMENTEmployment Agreement • November 17th, 2008 • Capital Corp of the West • State commercial banks • California
This Employment Agreement (this “Agreement”) is entered into by and between Capital Corp of the West, a California bank holding company (“CCOW” or “Company”) and Richard Cupp, as of August 15, 2008 (the “Effective Date) and shall be in effect for the period of one year, subject to renewal for such term as may be agreed upon by the parties. This Agreement by and between the Company and Executive (collectively referred to as the “Parties”) is intended, where applicable, to comply with section 409A of the Internal Revenue Code of 1986, as amended (“Code”). While following execution this Agreement shall be effective as of the Effective Date, it shall not be executed by the parties or become effective until all required regulatory approvals have been received.
