GUARANTEE AGREEMENT by and between PACIFIC CAPITAL BANCORP and WILMINGTON TRUST COMPANY Dated as of July 5, 2006Guarantee Agreement • July 12th, 2006 • Pacific Capital Bancorp /Ca/ • State commercial banks • New York
This GUARANTEE AGREEMENT (this “Guarantee”), dated as of July 5, 2006, is executed and delivered by Pacific Capital Bancorp, a California corporation (the “Guarantor”), and Wilmington Trust Company, a Delaware banking corporation, as trustee (the “Guarantee Trustee”), for the benefit of the Holders (as defined herein) from time to time of the Capital Securities (as defined herein) of Pacific Capital Statutory Trust I, a Delaware statutory trust (the “Issuer”).
