Exhibit 10.1

 

REDDING BANK OF COMMERCE

Amendment to the Salary Continuation Agreements

 

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REDDING BANK OF COMMERCE

AMENDMENT TO THE

SALARY CONTINUATION AGREEMENTS

 

On March 21, 2017, the Board of Directors of Redding Bank of Commerce approved
an amendment to Section 1.5 B. of certain salary continuation agreements to
correct a scrivener’s error.

 

The final sentence of Section 1.5 B. of certain salary continuation agreements
has been amended and restated to read:

 

“A Change in the Ownership of the Relevant Corporation occurs only when there is
a transfer of stock of the Relevant Corporation (or issuance of stock of the
Relevant Corporation) and stock in the Relevant Corporation remains outstanding
after the transaction.”

 

The amendment is applicable to the following agreements:

 

Document

   

Form

   

SEC File No.

   

Original

Exhibit No.

   

Filing Date

Amended and Restated Salary Continuation Agreement with Randall S. Eslick, dated
November 19, 2013

   

10-K

   

000-25135

   

10.10

   

3/11/2014

Amended and Restated Salary Continuation Agreement with Samuel D. Jimenez, dated
December 17, 2013

   

10-K

   

000-25135

   

10.12

   

3/11/2014

Amended and Restated Salary Continuation Agreement with Robert J. O’Neil, dated
December 17, 2013

   

10-K

   

000-25135

   

10.16

   

3/11/2014

Salary Continuation Agreement with Robert H. Muttera, dated January 17, 2014

   

10-K

   

000-25135

   

10.18

   

3/11/2014