0001193125-03-054136 Sample Contracts

QUAKER CITY BANK THREE YEAR EMPLOYMENT AGREEMENT RENEWAL AND EXTENSION ACKNOWLEDGMENT
Quaker City Bancorp Inc • September 25th, 2003 • Savings institution, federally chartered

The undersigned executive does hereby acknowledge that, at their regularly scheduled meeting on June 19, 2003, 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, 2006.

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QUAKER CITY BANCORP, INC. CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • September 25th, 2003 • Quaker City Bancorp Inc • Savings institution, federally chartered • Delaware

This AGREEMENT is made effective as of November 18, 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 Teresa A. Thompson (“Executive”). The term “Bank” refers to Quaker City Bank, the wholly-owned subsidiary of the Company or any successor thereto.

QUAKER CITY BANK CHANGE IN CONTROL AGREEMENT RENEWAL AND EXTENSION ACKNOWLEDGMENT
Control Agreement • September 25th, 2003 • Quaker City Bancorp Inc • Savings institution, federally chartered

The undersigned participant does hereby acknowledge that, at their regularly scheduled meeting on June 19, 2003, 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, 2005.

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