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FIRSTAMENDMENT TO EMPLOYMENT AGREEMENT THIS FIRST AMENDMENT TO EMPLOYMENT
AGREEMENT ("Amendment Agreement") is made and entered into as of May 15, 2019,
by and between PACIFIC "Bank"), MERCANTILE BANK, a Califomia banking
corporation(the and MAXWELL G. "Parties"). SINCLAIR, anindividual
("Executive")(collectivelythe RECITALS WHEREAS, the Partiesenteredinto an
EmploymentAgreementon May 27, 2016 (the "Agreement"). WHEREAS,Paragraph25
oftheAgreementpermitsmodificationofits termsso long as suchmodificationis in
writing andsignedby bothParties. WHEREAS,the Partiesdesireto amendtheAgreementto
extendthetermthereof. NOW, THEREFORE,in exchangefor the mutual promisesand
othergoodandvaluable consideration,the receiptand sufficiencyof which is
herebyacknowledged,the Partiesagreeas follows: AMENDMENTS 1. Paragraph1. Term.
Paragraph1 of the Agreementdefinesthe Initial Term of the Agreementas a period
ofthree (3) yearscommencingas ofMay 18, 2016 subjectto the
terminationprovisionsof Section4 ofthe Agreement. The Parties herebyagreeto
extendtheInitial TermoftheAgreementfor anadditionalthree(3) year period,
effective as of May 18, 2019. All other tennsand conditions of Paragraph1
oftheAgreementremainin full forceandeffect. All
othertemisoftheAgreementshallremainin full force andeffect. IN
WITNESSWHEREOF,thepartiesheretohaveexecutedthis Agreementasofthedate
indicatedbelow. PACIFIC MERCANTILE BANK .^~-——"""^ ^-3 . MigliaefHoopis Maxwell
G. Sinclair Chair,HumanResources& CompensationCommittee Date ^> ll^l^ Date
^^>[^6-iq FPDOCS34860094.1

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Kathleen Wiesinger From: Valena Ramos Sent: Sunday, May 12, 2019 8:59 PM To: Tom
Vertin Cc: Curt Christianssen; Kathleen Wiesinger 'Voting Subject: Fwd: The vote
has been passed for Item - Maxwell SinclairAmendment_Rev.pdf FYI. Sentfrom my
iPhone Beginforwardedmessage: From: donotreply(5idiligent.com Date: May 12,
2019at 8:48:20PM PDT To: valena.ramos@Bmbank.com 'Voting Subject:Thevote
hasbeenpassedfor Item - Maxwell Sinclair Amendment_Rev.pdf THIS IS AN EX'I'ERNAL
EMAIL. Do not openattachmentsor click on links from unknown sendeisor
unexpectedemails. 'Voting The vote has been passed for the Voting Document
entitled Item - Maxwell Sinclair Amendment_Rev.pdf in book 'Employment Agreement
- M. Sinclair'. Vote Response Count (% Yes 3 60 No o o Abstained o o Not Cast 2
40 Voter Status Edward Carpenter Yes May 10, 2019 12:01 PM Pacific Standard Time
James F. Deutsch Yes May 12, 2019 01:19 PM Pacific Standard Time John Flemming
Not Voted Michael Hoopis Yes May 12, 2019 08:48 PM Pacific Standard Time John
Thomas Not Voted 3 votes were required to pass the vote.

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