0001017062-02-001670 Sample Contracts

QUAKER CITY BANK CHANGE IN CONTROL AGREEMENT RENEWAL AND EXTENSION ACKNOWLEDGMENT
Change in Control Agreement • September 26th, 2002 • Quaker City Bancorp Inc • Savings institution, federally chartered

The undersigned participant does hereby acknowledge that, at their regularly scheduled meeting on June 25, 2002, the Board of Directors of Quaker City Bank acted to renew and extend the Quaker City Bank Change in Control Agreement with the undersigned participant to a full twenty-four (24) month term, until June 30, 2004.

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FORM OF QUAKER CITY BANCORP, INC. CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • September 26th, 2002 • Quaker City Bancorp Inc • Savings institution, federally chartered • Delaware

This AGREEMENT is made effective as of February 11, 2002, by and between Quaker City Bancorp, Inc. (the “Company”), a corporation organized under the laws of the State of Delaware, with its office at 7021 Greenleaf Avenue, Whittier, California, and Elizabeth A. Conrado (“Executive”). The term “Bank” refers to Quaker City Bank, the wholly-owned subsidiary of the Company or any successor thereto.

QUAKER CITY BANK THREE YEAR EMPLOYMENT AGREEMENT RENEWAL AND EXTENSION ACKNOWLEDGMENT
Three Year Employment Agreement Renewal and Extension Acknowledgment • September 26th, 2002 • Quaker City Bancorp Inc • Savings institution, federally chartered

The undersigned executive does hereby acknowledge that, at their regularly scheduled meeting on June 25, 2002, the Board of Directors of Quaker City Bank acted to renew and extend the Quaker City Bank Three Year Employment Agreement with the undersigned executive to a full thirty-six (36) month term, until June 30, 2005.

FORM OF QUAKER CITY BANK CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • September 26th, 2002 • Quaker City Bancorp Inc • Savings institution, federally chartered • California

This AGREEMENT is made effective as of February 11, 2002 by and between Quaker City Bank (the “Bank”), a federally chartered savings institution, with its principal administrative office at 7021 Greenleaf Avenue, Whittier, California, and Elizabeth A. Conrado (the “Executive”) and Quaker City Bancorp, Inc. (the “Company”), a corporation organized under the laws of the State of Delaware which is the holding company of the Bank.

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