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Exhibit 4.14
 
 THIS SUBORDINATED DEBENTURE IS NOT A DEPOSIT AND IT IS NOT INSURED
BY THE FEDERAL DEPOSIT INSURANCE CORPORATION.
 
 $75,000,000.00
    
    Los Angeles, CaliforniaSeptember 28, 2007
 FOR VALUE RECEIVED, (Borrower), Lender Subordinated
Debenture Purchase Agreement




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Article 8
      2




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[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK]
 3




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IN WITNESS WHEREOF
 UNITED COMMERCIAL BANKBy:
    
    /s/ Jonas B. Miller

Name: Jonas B. MillerTitle: SUP, Treasurer
 S-1




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SUBORDINATED
DEBENTURE PURCHASE AGREEMENT
  Usb Capital Funding Corp.
  United Commercial Bank




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TABLE OF CONTENTS
 Page1.
    
    DEFINITIONS
    
    
    11.1.              Defined Terms
    
    
    11.2.              Certain UCC and Accounting Terms; Interpretations
    
    
    51.3.              Exhibits and Schedules Incorporated
    
    
    62.
    
    SUBORDINATED DEBT
    
    
    62.1.              General Matters.
    
    
    62.2.              The Subordinated Debenture
    
    
    62.3.              Maturity Date
    
    
    62.4.              Unsecured Facility
    
    
    62.5.              The Closing
    
    
    72.6.              Interest Rate Matters
    
    
    72.7.              Certain Provisions Regarding the Facility
    
    
    82.8.              Payments
    
    
    92.9.              Capital Adequacy
    
    
    103.
    
    DISBURSEMENTS
    
    
    103.1.              Disbursement
    
    
    103.2.              Conditions Precedent to Disbursement
    
    
    103.3.              Conditions to All Disbursements; Renewals and Conversions
    
    
    114.
    
    GENERAL REPRESENTATIONS AND WARRANTIES
    
    
    124.1.              Organization and Authority
    
    
    124.2.              No Impediment to Transactions
    
    
    134.3.              Purposes of the Facility
    
    
    134.4.              Financial Condition
    
    
    134.5.              Title to Properties
    
    
    144.6.              No Material Adverse Change
    
    
    154.7.              Legal Matters
    
    
    154.8.              Borrower Status
    
    
    174.9.              No Misstatement
    
    
    17
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Page4.10.                       Representations and Warranties Generally
    
    
    175.
    
    GENERAL COVENANTS, CONDITIONS AND AGREEMENTS
    
    
    175.1.                        Compliance with Transaction Documents
    
    
    175.2.                        Material Transactions
    
    
    185.3.                        Business Operations
    
    
    195.4.                        Compliance with Laws
    
    
    195.5.                        Lender Expenses
    
    
    215.6.                        Subordinated Debt
    
    
    215.7.                        Inspection Rights
    
    
    216.
    
    REPORTING
    
    
    216.1.                        Annual
    
    
    216.2.                        Quarterly
    
    
    216.3.                        Securities Filings
    
    
    226.4.                        Compliance Certificate
    
    
    226.5.                        Copies of Other Reports and Correspondence
    
    
    226.6.                        Proceedings
    
    
    226.7.                        Event of Default; Material Adverse Change
    
    
    226.8.                        Issuance of Borrower Capital Stock
    
    
    226.9.                        Other Information Requested by Lender
    
    
    227.
    
    FINANCIAL COVENANT
    
    
    228.
    
    BORROWERS DEFAULT
    
    
    238.1.                        Borrower s Defaults and Lenders Remedies
    
    
    238.2.                        Protective Advances
    
    
    248.3.                        Other Remedies
    
    
    248.4.                        No Lender Liability
    
    
    248.5.                        Lenders Fees and Expenses
    
    
    259.
    
    MISCELLANEOUS
    
    
    259.1.                        Release; Indemnification
    
    
    259.2.                        Assignment and Participation
    
    
    259.3.                        Prohibition on Assignment
    
    
    269.4.                        Time of the Essence
    
    
    26
 ii




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Page9.5.       No Waiver
    
    
    269.6.       Severability
    
    
    269.7.       Usury; Revival of Liabilities
    
    
    269.8.       Notices
    
    
    279.9.       Successors and Assigns
    
    
    279.10.      No Joint Venture
    
    
    279.11.      Brokerage Commissions
    
    
    289.12.      Publicity
    
    
    289.13.      Documentation
    
    
    289.14.      Additional Assurances; Right of Set-off
    
    
    289.15.      Entire Agreement
    
    
    289.16.      Choice of Law
    
    
    289.17.      Forum; Agent; Venue
    
    
    289.18.      No Third Party Beneficiary
    
    
    299.19.      Legal Tender of United States
    
    
    299.20.      Captions; Counterparts
    
    
    299.21.      Knowledge; Discretion
    
    
    29
 EXHIBITS :
 A
    
    Form of Subordinated DebentureB
    
    Form of Opinion of Borrowers CounselC
    
    Form of Authorization to Debit AccountD
    
    Form of Notice of Authorized BorrowersE
    
    Form of Quarterly Compliance Certificate
 DISCLOSURE SCHEDULES :
 4.1.2
    
    Capital Stock and Related Matters4.5.1
    
    Financing Statements4.7.3
    
    Regulatory Enforcement Actions4.7.4
    
    Pending Litigation4.7.6
    
    ERISA5.2.3
    
    Indebtedness




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SUBORDINATED DEBENTURE PURCHASE AGREEMENT
 Agreement Borrower Lender
 R E C I T A L S :
 Bancorp
 Subordinated Debt FDIC Facility
  THEREFORE
 A G R E E M E N T :
 1. DEFINITIONS
 1.1. Defined Terms
 Affiliate(s)
 Assignee Lender Section 9.2
 Bancorp
 Base Rate
 Base Rate Debt




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Borrower
 Borrower 2006 Financial Statements Section
4.4
 Borrower 2006 Financial Statements Date Section
4.4
 Borrower Financial Statements Section
4.4
 Borrowers Accountant
 Borrowers Liabilities
 Borrowing Date Section
2.7.2 or 2.7.3
 Business Day
 CCFI
 Closing Section
2.5
 Closing Date
 Code
 Condition or Release
 Default Rate Section 2.6.3
 Disbursement Section 3.1
 Disclosure Schedule
 Employee Benefit Plan
 Equity Interest
 2




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ERISA
 ERISA Affiliate
 Event of Default Section 8.1.1
 Exchange Act
 Facility
 FDIC
 FDIC Notice Section
8.1.2
 FDI Act
 FRB
 GAAP
 Governmental Agency(ies)
 Hazardous Materials
 Hazardous Materials Claims Section
4.7.7
 Hazardous Materials Laws
 3




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Indebtedness
 Instructions
 Interest Rate Acknowledgement
 Interest Rate Protection Agreement
 Interim Financial Statements Section
4.4
 Leases
 Lender
 LIBO Rate
 LIBO Rate Debt
 LIBOR Period
 4




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Maturity Date
 Person
 Property
 Reserve Percentage
 RICO Related Law
 Subordinated Debt
 Subordinated Debt Amount
 Subordinated
Debenture Exhibit A
 Subsidiary
 Surviving Entity Section 5.2.1
 Tier 2 Capital
 Transaction Documents
 UCC
 Unmatured Event of Default
 U.S. Bank
 1.2. Certain UCC and Accounting Terms; Interpretations
 5




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1.3. Exhibits and Schedules Incorporated
 2. SUBORDINATED DEBT
 2.1. General Matters
 2.1.1. Certain Terms Section 2.6 Section 2.7.2 Section 2.7.3 Section 3.1
 2.1.2. Subordination
 2.2. The Subordinated Debenture
 2.3. Maturity Date
 2.4. Unsecured Facility
 6




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2.5. The Closing Closing
 2.6. Interest Rate Matters
 2.6.1. Applicable Interest Rate
 2.6.2. Interest Payments Section 2.6.3
 2.6.3. Default Interest Section 2.6 Default Rate Section 2.6.3 Section
8.1.2
 2.6.4. Computation of Interest
 7




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2.7. Certain Provisions Regarding the Facility
 2.7.1. Changes; Legal Restrictions
 2.7.2. LIBO Rate Lending Unlawful
 2.7.3. Unascertainable Interest Rate
 2.7.4. Funding Losses
 2.7.5. Additional Interest
 8




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2.7.6. Notice of Changes or Increased Costs Relating to the Facility Section 2.7
 2.8. Payments
 2.8.1. Prepayment Section 2.7.4
 2.8.2. Manner and Time of Payment
 2.8.3. Payments on Non-Business Days
 2.8.4. Application of Payments Section 5.5 Section 8.5 Section 8.1.2
 9




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2.9. Capital Adequacy Section 2.9 Section
2.9
 3. DISBURSEMENTS
 3.1. Disbursement Sections 3.2 and 3.3 Disbursement
 3.2. Conditions Precedent to Disbursement
 3.2.1. Opinion Exhibit B
 3.2.2. Transaction Documents
 3.2.3. Authority Documents
 3.2.3.1.
 3.2.3.2.
 3.2.3.3.
 10




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3.2.3.4.
 3.2.3.5.
 3.2.4. Regulatory Consents
 3.2.5. Instructions
 3.2.6. Certain Costs of Lender Section 5.5
 3.2.7. Authorization to Debit Account Exhibit C
 3.2.8. Notice of Authorized Borrowers Exhibit D
 3.2.9. Other Requirements
 3.2.10. Other Documents
 3.3. Conditions to All Disbursements; Renewals and Conversions
 3.3.1. Default
 3.3.2. Legislation or Proceedings
 11




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3.3.3. Material Adverse Change
 3.3.4. Representations and Warranties
 3.3.5. Approvals
 3.3.6. Other Documents
 Section 3.3
 4. GENERAL REPRESENTATIONS AND WARRANTIES
 4.1. Organization and Authority
 4.1.1. Organization Matters
 4.1.2. Capital Stock and Related Matters Section 4.1.2 Section 4.1.2 Section 4.1.2
 12




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4.1.3. Subsidiaries
 4.2. No Impediment to Transactions
 4.2.1. Transaction is Legal and Authorized
 4.2.2. No Defaults or Restrictions
 4.2.3. Governmental Consent Section
3.2.4
 4.3. Purposes of the Facility
 4.3.1. Use of Proceeds
 4.3.2. Usury
 4.4. Financial Condition
 4.4.1. Borrower Financial Statements Borrower 2006
Financial Statements Borrower 2006 Financial
 13




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Statements Date Interim Financial Statements Borrower Financial Statements
 4.4.2. Absence of Default
 4.4.3. Loans
 4.4.4. Allowance for Loan Losses
 4.4.5. Solvency
 4.5. Title to Properties
 4.5.1. Owned Property
 14




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Section 4.5.1
 4.5.2. Leased Property
 4.6. No Material Adverse Change
 4.7. Legal Matters
 4.7.1. Compliance with Law
 4.7.2. Taxes
 4.7.3. Regulatory Enforcement Actions
 15




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4.7.4. Pending Litigation
 4.7.5. RICO
 4.7.6. ERISA
 4.7.7. Environmental Hazardous
Materials Claims
 4.7.8. Brokerage Commissions
 16




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4.8. Borrower Status
 4.8.1. Restrictions on Borrower
 4.8.2. Non-Foreign Status
 4.8.3. Investment Company Act
 4.8.4. No Burdensome Agreements
 4.9. No Misstatement
 4.10. Representations and Warranties Generally Section 6.4 Section 4.7.7
 5. GENERAL COVENANTS, CONDITIONS AND AGREEMENTS
 5.1. Compliance with Transaction Documents
 17




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5.2. Material Transactions
 5.2.1. Merger and Consolidation Surviving Entity
 5.2.2. Restricted Payments
 5.2.3. Incurring Debt Section 5.2.3
 5.2.4. Asset Sales Section 6.1 Section
5.2.1(a)(i) and (ii)
 5.2.5. Bancorp as Parent
 18




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5.2.6.
 Other Matters.
 5.3. Business Operations
 5.3.1. Banking Practices .
 5.3.2. Affiliate Transactions .
 5.3.3. Insurance .
 5.4. Compliance with Laws
 5.4.1. Generally
 5.4.2. Regulated Activities
 5.4.3. Taxes
 5.4.4. ERISA .
 19




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5.4.5. Environmental Matters . Section 5.4.5
 5.4.6. Environmental Indemnity .
 20




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5.4.7. Corporate Existence Section 5.2.1
 5.5. Lender Expenses Section 5.5
 5.6. Subordinated Debt
 5.7. Inspection Rights
 6. REPORTING
 6.1. Annual
 6.2. Quarterly
 21




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6.3. Securities Filings
 6.4. Compliance Certificate Section 6.2 Exhibit E
 6.5. Copies of Other Reports and Correspondence
 6.6. Proceedings
 6.7. Event of Default; Material Adverse Change
 6.8. Issuance of Borrower Capital Stock Section 4.1.2 Section
4.1.2
 6.9. Other Information Requested by Lender
 7. FINANCIAL COVENANT Section 6
 22




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8. BORROWERS DEFAULT
 8.1. Borrowers Defaults and Lenders Remedies
 8.1.1. Events of Default Event of Default
 8.1.1.1.
 8.1.1.2. Section 8.1.1
 8.1.1.3. Section 7
 8.1.1.4.
 8.1.1.5.
 8.1.1.6. Section 6.1
 8.1.1.7. Section
5.2.1 Section 6.1
 23




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8.1.1.8.
 8.1.1.9. Section 5.2.1
 8.1.1.10.
 8.1.2. Effect of Event of Default; Acceleration and Termination of the Commitment Article 7) FDIC Notice Section
8.1.1 ection 8.1.2
 8.2. Protective Advances
 8.3. Other Remedies Article 8
 8.4. No Lender Liability
 24




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8.5. Lenders Fees and Expenses .
 9. MISCELLANEOUS
 9.1. Release; Indemnification
 9.2. Assignment and Participation Assignee Lender Exhibit A
 25




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Section 9.2
 9.3. Prohibition on Assignment Section 5.2.1
 9.4. Time of the Essence
 9.5. No Waiver
 9.6. Severability
 9.7. Usury; Revival of Liabilities ipso facto
 26




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9.8. Notices
 if to Borrower:
    
    United Commercial Bank555 Montgomery StreetSan Francisco, California 94111Attn: Jonas MillerTelephone No.: 415-315-2968Fax No.: 415-986-0592E-Mail Address: jonas.miller@unitedcb.comif to Lender:
    
    USB Capital Funding Corp.c/o U.S. Bank National Association633 W. Fifth Street, 29th FloorLos Angeles, California 90071Attn: Heath M. Finn, Vice PresidentTelephone No.: 866-514-9664Fax No.: 213-615-6585E-Mail Address: heath.m.finn@usbank.comand:
    
    USB Capital Funding Corp.c/o U.S. Bank Capital Markets800 Nicollet MallMail Station: BC-MN-H03RMinneapolis, Minnesota 55402Attn: Christopher Zinn, Vice PresidentTelephone No.: (612) 303-3782Fax No.: (612) 303-2260E-Mail Address: christopher.zinn@usbank.com
  9.9. Successors and Assigns
 9.10. No Joint Venture
 27




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9.11. Brokerage Commissions Section
9.11 Section 9.11
 9.12. Publicity
 9.13. Documentation
 9.14. Additional Assurances; Right of Set-off Section 8.1.2 Section 9.14
 9.15. Entire Agreement
 9.16. Choice of Law
 9.17. Forum; Agent; Venue
 28




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9.18. No Third Party Beneficiary
 9.19. Legal Tender of United States
 9.20. Captions; Counterparts
 9.21. Knowledge; Discretion
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
 29




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WAIVER OF RIGHT TO JURY TRIAL.
 IN WITNESS WHEREOF
 UNITED COMMERCIAL BANKBy:
    
    /s/ Jonas B. Miller

Name: Jonas B. MillerTitle: SVP, TreasurerUSB CAPITAL FUNDING CORP.By:Name:Title:
 S-1




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WAIVER
OF RIGHT TO JURY TRIAL
 IN WITNESS WHEREOF
 UNITED COMMERCIAL BANKBy:Name: 
Title:USB CAPITAL FUNDING CORP.By:
    
    /s/ Christopher Zinn

Name: Christopher Zinn
Title: Vice President
 S-1




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EXHIBIT A
  
 THIS SUBORDINATED DEBENTURE IS NOT A DEPOSIT AND IT IS NOT INSURED
BY THE FEDERAL DEPOSIT INSURANCE CORPORATION.
 
 $75,000,000.00
    
    Los Angeles, CaliforniaSeptember ___, 2007
 FOR VALUE RECEIVED Borrower Lender Subordinated
Debenture Purchase Agreement
      A-1




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Article
8
      A-2




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[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK]
 A-3




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IN WITNESS WHEREOF
 UNITED COMMERCIAL BANKBy:Name:Title:
 A-4




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EXHIBIT B
   th
 Subordinated Debenture Issued by United Commercial Bank
  Borrower Purchase
Agreement Lender Section 3.2.1
 Financing Documents
 
     Act
 B-1




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Very truly yours,
 B-2




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EXHIBIT C
  To:
    
    U.S. Bank Agency Services, as Servicing AgentAttention:
    
    Diane DavisFax Number:
    
    (612) 303-2262
 
 DATED: 
;
    
    UNITED COMMERCIAL BANKBy:Name:Title:
 C-1




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EXHIBIT D
  To:
    
    U.S. Bank Agency Services, as Servicing AgentAttention:
    
    Diane DavisFax Number:
    
    (612) 303-2262
  Name
    
    Title
 1.2.3.4.5.
 DATED:
    
    UNITED COMMERCIAL BANKBy:Name:Title:
 D-1




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EXHIBIT E
 
 Borrower Section 6.4 Agreement
 Section 6.2
 Section 7
 [Or, if incorrect,
provide detail regarding the Event of Default and the steps being taken to cure it and the time
within which such cure will occur.]
   [INSERT DATE]
 UNITED COMMERCIAL BANKBy:Name:Title:
 E-1




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DISCLOSURE SCHEDULE 4.1.2
SUBSIDIARIES; CAPITAL STOCK OF BORROWER
 (a)
    
    Borrower currently conducts business in the following states:CaliforniaWashingtonTexasGeorgiaNew YorkMassachusetts(b)
    
    List of Subsidiaries:
 Name
    
    Ownership InterestCalifornia Canton International Bank Ltd
    
    
    100
    %UCB Asset Management, Inc.
    
    
    100
    %U.F. Service Corporation
    
    
    100
    %UCB Securities Corporation
    
    
    100
    %UCB Community Development Enterprises, Inc.
    
    
    100
    %UCB Insurance Services, Inc.
    
    
    100
    %UCB Investment Services
    
    
    100
    %United Commercial Bank Building Corporation
    
    
    100
    %SBGA California Investments, Inc
    
    
    100
    %Newston Investments, Inc.
    
    
    100
    %
 (c)
    
    Capital Stock of Borrower:
 Class
    
    Authorized Shares
    
    Issued & Outstanding SharesCommon Stock
    
    
    150,000
    
    
    
    150,000




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DISCLOSURE SCHEDULE 5.2.3
AFFILIATE TRANSACTIONS