AGREEMENT AND PLAN OF MERGER AND REORGANIZATION DATED AS OF JANUARY 30, 2024 BY AND BETWEEN SOUTHERN CALIFORNIA BANCORP AND CALIFORNIA BANCORPMerger Agreement • January 30th, 2024 • Southern California Bancorp \ CA • National commercial banks • California
Contract Type FiledJanuary 30th, 2024 Company Industry JurisdictionAGREEMENT AND PLAN OF MERGER AND REORGANIZATION, dated as of January 30, 2024 (this “Agreement”), by and between Southern California Bancorp, a California corporation (“SCB”), and California BanCorp, a California corporation (“CBC”).
EMPLOYMENT AGREEMENTEmployment Agreement • January 30th, 2024 • Southern California Bancorp \ CA • National commercial banks • California
Contract Type FiledJanuary 30th, 2024 Company Industry JurisdictionThis Employment Agreement (this “Agreement”) is entered into by and among Southern California Bancorp, a California corporation (“Bancorp”), Bank of Southern California, N.A., a national banking association (the “Bank”, and together with Bancorp, the “Company”), and David I. Rainer (the “Executive”), with reference to the following:
EMPLOYMENT AGREEMENTEmployment Agreement • January 30th, 2024 • Southern California Bancorp \ CA • National commercial banks • California
Contract Type FiledJanuary 30th, 2024 Company Industry JurisdictionA GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE; WHICH IF KNOWN BY HIM OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETI’LEMENT WITH THE DEBTOR.