PACIFIC STATE BANK EXECUTIVE SUPPLEMENTAL COMPENSATION AGREEMENTExecutive Supplemental Compensation Agreement • March 31st, 2008 • Pacific State Bancorp • Savings institution, federally chartered • California
Effective this ____ day of _____, 2007, this EXECUTIVE SUPPLEMENTAL COMPENSATION AGREEMENT (“Agreement”) is adopted by and between PACIFIC STATE BANK (“Bank”), a bank located in Stockton, California, and organized under the laws of the State of California, and ______________ (“Executive”), a member of a select group of management and highly compensated employees of the Bank. The purpose of this Agreement is to further the growth and development of the Bank by providing Executive with supplemental retirement income, and thereby encourage Executive’s productive efforts on behalf of the Bank and the Bank’s shareholders, and to align the interests of the Executive and those shareholders.
PACIFIC STATE BANK SPLIT DOLLAR LIFE INSURANCE AGREEMENTSplit Dollar Life Insurance Agreement • March 31st, 2008 • Pacific State Bancorp • Savings institution, federally chartered • California
THIS SUPPLEMENTAL LIFE INSURANCE AGREEMENT (the “Agreement”) is adopted this _______ day of___________________, 2007, by and between PACIFIC STATE BANK, a bank organized under the laws of the State of California, located in Stockton, California (the “Bank”), and _________________ (the “Executive”).
