AMENDMENT To The Valley Business BankSupplemental Compensation Agreement • January 8th, 2009 • Valley Commerce Bancorp • State commercial banks
THIS AMENDMENT is executed on this 31st day of December, 2008, by Valley Business Bank (formerly known as the Bank of Visalia), the “Service Recipient,” a California banking corporation, hereinafter referred to as the “Plan Sponsor,” and the “Service Provider,” hereinafter referred to as the Participant, and represents an effort by both parties to comply with the requirements of Internal Revenue Code Section 409A. The Plan Sponsor has operated this Plan since 2005 in good faith compliance with the provisions of Section 409A and all Applicable Guidance.
