AMENDMENT TO STOCK APPRECIATION RIGHT GRANT AGREEMENTStock Appreciation Right Grant Agreement • May 9th, 2014 • Banc of California, Inc. • National commercial banks
This Amendment (the “Amendment”) to the Stock Appreciation Right Grant Agreement, dated as of August 21, 2012 (the “Award”), between Banc of California, Inc. (f/k/a First PacTrust, Bancorp, Inc.) (the “Company”) and Steven Sugarman (the “Grantee”) is effective December 13, 2013. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to such terms in the Award.
