Salary continuation AgreementSalary Continuation Agreement • March 30th, 2012 • Valley Commerce Bancorp • State commercial banks • California
This Salary Continuation Agreement (the “Agreement”) by and between Valley Business Bank, a California corporation (hereinafter referred to as the “Employer”), and Bill Kitchen (hereinafter referred to as the “Executive”), effective as of the 16th day of November, 2011, formalizes the agreements and understanding between the Employer and the Executive.
SPLIT DOLLAR LIFE INSURANCE AGREEMENTSplit Dollar Life Insurance Agreement • March 30th, 2012 • Valley Commerce Bancorp • State commercial banks • California
THIS SPLIT DOLLAR AGREEMENT (this “Agreement”) is adopted this 16th day of November, 2011, by and between Valley Business Bank, a California corporation (hereinafter referred to as the “Employer”), and Bill Kitchen (hereinafter referred to as the “Executive”), effective as of the 16th day of November, 2011, formalizes the agreements and understanding between the Employer and the Executive.
