UNITED SECURITY BANCSHARES INCENTIVE STOCK OPTION AGREEMENTIncentive Stock Option Agreement • March 15th, 2006 • United Security Bancshares • National commercial banks
This Incentive Stock Option Agreement (“Agreement”) is made and entered into as of the 1st day of August 2005, by and between UNITED SECURITY BANCSHARES, a Company holding company (the “Company”), and William Scarborough (“Optionee”);
EXECUTIVE SALARY CONTINUATION AGREEMENTExecutive Salary Continuation Agreement • March 15th, 2006 • United Security Bancshares • National commercial banks • California
This Agreement is made and entered into this _01_ day of _Jan_, 2006, by and between United Security Bank, a California banking corporation (the “Employer”), and William F. Scarborough, an individual residing in the State of California (hereinafter referred to as the “Executive”). The purpose of this Agreement is to provide specified benefits to the Executive, a member of a select group of management or highly compensated employees who contribute materially to the continued growth, development, and future business success of the Employer.
