TEMECULA VALLEY BANK EXECUTIVE SUPPLEMENTAL COMPENSATION AGREEMENTSupplemental Compensation • March 17th, 2009 • Temecula Valley Bancorp Inc • National commercial banks • California
As of the Effective Date, this EXECUTIVE SUPPLEMENTAL COMPENSATION AGREEMENT (“Agreement”) between TEMECULA VALLEY BANK (“Bank”), a California state-chartered bank located in Temecula Valley, California, and STEPHEN H. WACKNITZ (“Executive”), a member of a select group of management and highly compensated employees of the Bank, AMENDS AND RESTATES the Salary Continuation Agreements by and between the Bank and the Executive, dated January 28, 2004 (for $75,000) and August 1, 2005 (for $100,000). In addition, this Agreement adds an additional annual benefit in the amount of $200,000.
