EXHIBIT 2.2 Branch Purchase and Assumption Agreement concerning the

KEB Chicago branch operations dated January 7, 2004



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EXECUTION COPY



BRANCH PURCHASE AND ASSUMPTION AGREEMENT



dated as of



January 7, 2004



between



CENTER BANK



and



KOREA EXCHANGE BANK



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SCHEDULES



|       |  |                                                        
|------ |  | -------------------------------------------------------
|       | 
|1.1(a) |  | Assets, Furniture, Fixtures and Equipment, Improvements
|1.1(b) |  | Other Liabilities                                      
|1.1(c) |  | Investment Securities                                  
|1.1(d) |  | Deposit Related and Other Loans                        
|5.7    |  | Employee Benefit Plans                                 
|5.9    |  | Regulatory Matters                                     
|5.10   |  | Brokers Fees                                          
|5.16   |  | Agreements with Regulatory Authorities                 
|8.7    |  | Employees                                              



EXHIBITS



|  |  |                                                       
|- |  | ------------------------------------------------------
|  | 
|1 |  | Statement and Final Statement - Preparation Procedures
|  | 
|2 |  | Lease                                                 



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BRANCH PURCHASE AND ASSUMPTION AGREEMENT



BRANCH PURCHASE AND ASSUMPTION AGREEMENT, dated as of January 7, 2004,
between KOREA EXCHANGE BANK, a Korean banking corporation (Seller), and CENTER BANK, a California banking corporation (Purchaser).



RECITALS



A. Seller. Seller is a Korean banking corporation with a branch office in Chicago, Cook County, Illinois (Branch). The deposits of the
Branch are insured by the Federal Deposit Insurance Corporation (the FDIC).



B. Purchaser. Purchaser is a California banking corporation and its deposits are insured by the FDIC. Purchasers principal executive offices are located in Los Angeles, California.



C. Continuation of Service. Purchaser intends to offer the broad array
of retail and business banking services commonly offered in the State of Illinois in the geographic area served by the Branch to be acquired by Purchaser under this Agreement.



NOW, THEREFORE, in consideration of their mutual promises and obligations and intending to be legally bound hereby, the
parties agree as follows:



ARTICLE 1

CERTAIN DEFINITIONS



1.1 Certain Definitions. As used in this Agreement, the terms below shall have the meanings set forth.



Account means, as of any date, a deposit liability of Seller
which is not represented by a certificate of deposit having a fixed maturity and which is maintained at the Branch.



Accrued Expenses means the accrued and unpaid expenses associated with the operation of the Branch, but excluding Accrued Interest,
intercompany payables, reserves, allowances for depreciation or amortization expense, appearing as a liability on a Statement and a Final Statement pursuant to Section 2.6.



Accrued Interest on any Deposits at any date means interest which is accrued on such Deposits to such date and
not yet posted to such deposit accounts.



ACH Direct
Deposit Cut-off Date has the meaning set forth in Section 4.4.



Affiliate of a person means any person directly or indirectly controlling or controlled by or under direct or indirect common control with such person.



Agreement means this Branch Purchase and Assumption Agreement, including all schedules, exhibits and addenda as
modified, amended or extended from time to time.



Assets means the Furniture, Fixtures and Equipment (set forth in detail in Schedule 1.1(a)), Improvements, Cash on Hand, investment securities, Lease, any leases pertaining to the Branch where Seller is lessor or sub-lessor,
Prepaid Expenses, the Records, the Deposit-Related Loans and the Other Loans.



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Assumed Contract shall have the meaning set forth in Section 7.12.



Assumed Deposits, as of the Closing Date, means all Deposits and
Escheatable Deposits existing on the Closing Date, together with all Accrued Interest thereon as of the Closing Date, provided however, that Assumed Deposits shall not include (a) any Deposits securing Deposit Related Loans not
purchased by the Purchaser pursuant to the terms hereof; (b) Deposits that have been overdrawn for a consecutive 30 day period at any time within the 12 months prior to the Closing Date, (c) any Deposits from a depository institution that is a
banking office of Seller or of Sellers affiliates and (d) any other deposit liabilities which, by law or contract (including the terms of any relevant deposit agreement), either Purchaser is not permitted to assume or Seller is not permitted
to sell, transfer, assign or otherwise dispose.



ATM means all automated teller machines listed on Schedule 1.1(a) hereto.



Business Day means a day on which Seller is open for business in Illinois and which is not a Saturday or Sunday.



Cash on Hand means, as of any date, all petty cash, vault cash, teller cash, and prepaid postage maintained at the Branch.



Closing and Closing Date refer to the closing for the
sale, purchase and assumption provided for herein to be held at such time and date as provided for in Article 10 hereof.



Code means the Internal Revenue Code of 1986, as amended.



Confidentiality Agreement means the Confidentiality Agreement between Seller and Purchaser dated November 18,
2003.



Core Deposits means Deposits which are
demand deposits, money market deposits, savings deposits, NOW deposits and certificate of savings deposits with a duration of less than one year and are at current market rates, excluding Deposits that are Deposits of Seller or Sellers
affiliates, deposits of Korean companies or their affiliated entities, deposits of Korean governmental entities and those deposits not defined as Assumed Deposits above.



Deposits means, as of any date, all deposit liabilities of Seller that are Accounts or certificates of deposit
maintained at the Branch, including all uncollected items included in depositors balances.



Deposit-Related Loans means Loans secured by deposits in savings accounts or by certificates of deposit and overdrafts in respect of
Transaction Accounts (other than overdrafts extended pursuant to a formal line of credit or similar arrangement) maintained at the Branch, as set forth on Schedule 1.1(d).



Direct Deposit Cut-off Date means the ACH Direct Deposit Cut off Date or the Fed Wire Direct Deposit Cut-off
Date.



Employees means (i) any employee employed by
Seller or its subsidiaries or Affiliates on the Closing Date at the Branch, including without limitation, those employees who on the Closing Date are on medical leave, family leave, military leave or personal or pregnancy leave, and (ii) such other
employees of Seller as may be agreed between Seller and Purchaser.



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Encumbrances means all mortgages, claims, charges, liens, encumbrances, easements,
limitations, restrictions, commitments and security interests, except for: liens, charges, holds, garnishments, orders or other encumbrances levied against deposits arising as a result of actions or inaction of persons other than the Seller,
statutory liens securing payments not yet due, liens incurred in the ordinary course of business, including without limitation liens in favor of mechanics or materialmen, and such other liens, charges, security interests or encumbrances as do not
materially and adversely affect the use of the properties or assets subject thereto or affected thereby or which otherwise do not materially impair business operations at such properties and except for obligations pursuant to the Illinois escheat
and unclaimed property laws relating to the Escheatable Deposits.



ERISA means the Employee Retirement Income Security Act of 1974, as amended.



Escheatable Deposits means, as of any date, Deposits and safe deposit box contents, in each case held on such date at the Branch which become
subject to escheat, in the calendar year in which the Closing occurs, to the Illinois escheat and unclaimed property.



FDIC means the Federal Deposit Insurance Corporation.



Federal Funds Rate on any day means the per annum rate of interest (rounded upward to the nearest 1/100 of 1%) which is the weighted
average of the rates on overnight federal funds transactions arranged on such day or, if such day is not a banking day, the previous banking day by federal funds brokers computed and released by the Federal Reserve Bank of New York (or any
successor) in substantially the same manner as such Federal Reserve Bank currently computes and releases the weighted average it refers to as the Federal Funds Effective Rate at the date of this Agreement.



Federal Reserve Board means the Board of Governors of the Federal
Reserve System.



Fed Wire Direct Deposit Cut-off
Date has the meaning set forth in Section 4.4.



Final Statement means the Statement, as of the Closing Date, delivered by Seller to Purchaser and prepared in accordance with the procedures set forth in Section 10.2 and in the form set forth on Exhibit 1, setting forth the
Assets sold and transferred and the Statement Liabilities assumed at the Closing.



Furniture, Fixtures and Equipment means all furniture, fixtures and equipment that are located at and used in, and necessary for the conduct of, business in the ordinary course at Branch, provided,
however, there shall be excluded from this definition all proprietary branch automation, including all software programs used by the Seller in connection with the operation of the Branch.



Hyundai Deposits means all Deposits of Hyundai Construction
Equipment USA, Inc. and its Affiliates which are demand deposits, money market deposits, savings deposits, NOW deposits and certificate of savings deposits with a duration of less than one year and are at current market rates.



Improvements means all improvements to the Branch purchased,
installed or constructed by or on behalf of Seller and used in connection with the operation or maintenance of the Branch.



Initial Base Amount shall have the meaning set forth in Section 2.1(b).



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IRS means the Internal Revenue Service.



Lease means the real estate lease between the Seller and American
National Bank and Trust Company of Chicago in its capacity as Trustee, as Lessor, dated April 2, 1990, a copy of which is attached as Exhibit 2.



Lessor means the lessor of the Lease.



Liabilities means the (i) Assumed Deposits, (ii) Assumed Contracts, (iii) Sellers obligations from and after the Closing Date with
respect to the Lease and any lease or rental agreement or deferred purchase or installment sale agreement with respect to any of the Furniture, Fixtures and Equipment or any Improvement as set forth and attached as Schedule 1.1(a), (iv)
Sellers obligations to provide services from and after the Closing Date in connection with the Assets and the Assumed Deposits, including obligations with respect to safe deposit boxes, (v) Sellers obligations under any outstanding
Deposit Related Loan, Other Loan or any loan commitment, any other bankers acceptance, outstanding letter of credit, cashiers check or other guarantee which is held on the books or is an obligation of the Branch, and (vi) such other liabilities of
Seller with respect to the operations of the Branch as may be described on Schedule 1.1(b) (the Other Liabilities); excluding, however, any obligation of Seller to advance funds to any borrower under any loan commitment other than loan
commitments referred to on Schedule 1.1(d) hereto unless consented to by Purchaser prior to the Closing Date, and also excluding the Assumed Contracts as to which any consents required to transfer the same to Purchaser at Closing cannot be obtained;
and shall include no other duty or obligation whatsoever (including, without limitation, any and all penalties, fines, compensatory or punitive damages of any kind whatsoever) of Seller, its Affiliates or any other person.



Loan means all loans and credit extensions made by the Branch,
including all term loans, revolving loans, mortgage loans, lines of credit, letters of credit, bankers acceptances, swap or repurchase arrangements or other credit extensions made by the Seller through the Branch to customers of the Branch.



Loan Documents means all documents evidencing the
loan setting forth the terms thereof or creating security interests in connection therewith, executed or delivered in connection with any Deposit-Related Loan or any Other Loan, including, without limitation, notes, deeds of trust, security
agreements, loan agreements, including building and loan agreements, guarantees, sureties and insurance policies and all modifications, waivers and consents relating to any of the foregoing.



Losses means losses, liabilities, damages (including forgiveness
or cancellation of obligations), expenses, costs and legal fees and disbursements, collectively.



Material Adverse Effect means a material adverse effect on the business or prospects of the Branch or on the consummation of the transactions
contemplated hereby.



Net Book Value shall mean the
cost basis of the Assets less accumulated depreciation with respect to the Assets as of the month-end prior to the Closing.



Order shall have the meaning set forth in Section 9.1(b).



Other Loans means the Loans described on Schedule 1.1(d) attached hereto (including loan commitments referred to
thereon).



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Prepaid Expenses means the prepaid expenses appearing as an asset in respect of any Branch on
a Statement and a Final Statement pursuant to Section 2.6.



Purchase Premium means the amount specified as such in Section 2.2.



Purchasers Knowledge or Knowledge as it pertains to the Purchaser, means the knowledge of any employee or agent of the Purchaser prior to the Closing who is involved in the due diligence
or analysis with respect to, preparation of schedules, drafting or negotiation of this Agreement or any other agreement relating to the acquisition of the Branch or operation of the Branch.



Records means all records and original documents in Sellers
possession at the Branch which pertain to and are utilized by Seller to administer, reflect, monitor, evidence or record information respecting the business or conduct of the Branch (including transaction tickets through the Closing Date and all
records for closed accounts located in Branch and excluding any other transaction tickets and records for closed accounts) and all such records and original documents in the Sellers possession at the Branch respecting (i) the Assumed
Contracts, (ii) the Assets, (iii) the Assumed Deposits, or (iv) the Other Liabilities (except confidential employee records for which consents to release such records to Purchaser have not been obtained from the relevant employee), including all
such records maintained on electronic or magnetic media in the electronic data base system of Seller, or to comply with applicable laws and governmental regulations to which the Assumed Deposits are subject, including but not limited to Federal
Reserve Board Regulation E (12 C.F.R. § 205), Federal Reserve Board Regulation CC (12 C.F.R. § 229) and the Illinois escheat laws.



Regulatory Approvals means all approvals, permits, authorizations, waivers or consents of United States, or State governmental agencies or
authorities necessary or appropriate to permit consummation of the transactions contemplated herein and includes, without limitation, the following: (i) approval of the FDIC under the FDIA; (ii) approval of the California and Illinois banking
authorities under California and Illinois law; and (iii) expiration of the waiting period provided for in Section 18(c) of the FDIA without commencement of any action challenging Purchasers acquisition of the Branch hereunder by the United
States Department of Justice.



Sellers
knowledge or other similar phrases shall mean information which is known to an executive officer of Seller.



Settlement Payment means a payment made pursuant to Section 2.1(b).



Statement means with reference to the Closing, the statement reflecting the Assets and Liabilities estimated to
be transferred at the Closing, as of seven days preceding the Closing Date, which statement shall be prepared by Seller, in consultation with Purchaser, in accordance with the procedures set forth in Section 10.2 and in the form set forth on Exhibit
1 hereto.



Statement Liabilities means the
Liabilities of Seller that appear on a Statement or a Final Statement, as the case may be.



Tax Returns means any return or other report required to be filed with respect to any Tax, including declaration of estimated tax and information returns.



Taxes means any federal, state or local, taxes, including but not
limited to taxes on or measured by income, estimated income, franchise, capital stock, employees withholding, nonresident alien withholding, backup withholding, social security, occupation, unemployment,



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disability, value added taxes, taxes on services, real property, personal property, sales, use, excise, transfer, gross
receipts, inventory and merchandise, business privilege, and other taxes or governmental fees or charges or amounts required to be withheld and paid over to any government in respect of any tax or governmental fee or charge, including any interest,
penalties, or additions to tax on the foregoing whether or not disputed.



Transaction Account means any account at the Branch in respect of which deposits therein are withdrawable in practice upon demand or upon which third party drafts may be drawn by the depositor, including
checking accounts, NOW accounts and money market deposit accounts.



Unacceptable Condition shall have the meaning set forth in Section 9.1(a).



ARTICLE 2

THE TRANSACTIONS



2.1 Transfer and Consideration. (a) Subject to the terms and conditions set forth in this Agreement and except as
otherwise indicated in the Schedules hereto, at the Closing, Purchaser shall (i) purchase the Assets and (ii) assume the Liabilities (including the Assumed Contracts), and the Accrued Expenses (and only such Liabilities and Accrued Expenses), and
Seller shall sell, assign, transfer, convey and deliver to Purchaser, free and clear of all Encumbrances, other than liens in favor of seller which are assigned to the purchaser, all of Sellers right, title and interest in and to such Assets.



(b) In the event that the Initial Base Amount (as hereinafter
defined) is less than the sum of (i) the amount of the Assumed Deposits (other than safe deposit box contents) in the Branch and (ii) the amount of the Accrued Expenses, Seller shall transfer to Purchaser cash in the amount equal to the deficit. In
the event that the Initial Base Amount is greater than the sum of (i) the amount of the Assumed Deposits (other than safe deposit box contents) in the Branch and (ii) the amount of the Accrued Expenses, Purchaser shall transfer to Seller cash in an
amount equal to such excess. Calculations and payments pursuant to this Section 2.1(b) shall be as of the date of the Statement or the Final Statement, as applicable, all as provided in Section 10.2.



(c) For purposes of this Section 2.1, the Initial Base Amount shall be equal
to the sum of (i) the unpaid principal amount of the Deposit-Related Loans and the Other Loans to be purchased at the Closing, (ii) the amount of accrued interest receivable on all such Loans, (iii) the amount of Cash on Hand in the Branch, (iv) the
market value of the Furniture, Fixtures and Equipment and the Improvements, which the Purchaser and Seller agree to be determined by an appraisal, (v) the amount of the Purchase Premium, (vi) the amount of Prepaid Expenses, (vii) the amount of
reserves held at the Federal Reserve Bank with respect to the Assumed Deposits and (viii) the market value of the investment securities pertaining to the Branch as of the Closing as provided in Schedule 1.1(c).



2.2 Purchase Premium. The Purchase Premium payable at the Closing by
Purchaser to Seller shall be an amount equal to $350,000 plus 10% of the average of the Core Deposits, and 5% of the average of the Hyundai Deposits, that are Assumed Deposits for the thirty (30) business days immediately prior to the Closing Date.



2.3 Calculation of the Payments to Be Made Under Sections
2.1 and 2.2. For the purpose of determining the amount or type of consideration due and payable pursuant to



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Sections 2.1 and 2.2, including, without limitation, any applicable Settlement Payment, reference shall be made to the
amounts on the applicable Statement and by reference to the date of the applicable Statement rather than to the Closing Date. In all other respects, including, without limitation, the payments provided for in Section 10.2(c), reference shall be made
to the amounts on the applicable Final Statement and by reference to the Closing Date.



2.4 Intentionally Omitted.



2.5 Intentionally Omitted.



2.6 Adjustment
of Expenses and Fees. (a) All direct operating expenses and fees accrued or prepaid prior to the Closing Date, including, without limitation, wages, salaries, rents, utility payments, personal property taxes, non-delinquent real property taxes
and assessments, license fees and permit fees relating to the Branch, transferred at Closing, shall be pro-rated between the parties, but excluding any Seller management fees, overhead which is allocated to the Branch for Seller expenses which are
not otherwise associated with the operation or maintenance of the Branch, administrative fees or similar fees. The pro-rated sums shall give credit to Seller for the amount of all security deposits it has paid to Lessors under the Lease relating to
the Branch transferred at Closing. To the extent that Seller has paid expenses that are expenses allocable to Purchaser pursuant to this Section 2.6, such expenses shall appear as an asset on the Statement and the Final Statement. To the extent that
expenses have been accrued and not been paid by Seller prior to the Closing Date, they shall appear as a liability on the Final Statement.



(b) There shall appear as an asset on the Statement and the Final Statement an amount equal to the amounts of FDIC deposit insurance premiums which
Purchaser would have been required to pay on the Deposits being assumed at the Closing by the Purchaser had the Deposits been included in Purchasers FDIC premium calculation for any period which includes the applicable Closing Date.



2.7 Post-Closing Adjustment Relating to Fixed Assets.
Promptly after the Closing, Purchaser and Seller will perform an inventory of the Furniture, Fixtures and Equipment and the Improvements which were to have been transferred at the Closing. To the extent that such inventory discloses that, as of the
Closing, any of such Assets having a market value in excess of $1,000 either cannot be located or is materially damaged and such damage has not been taken into account, then the Final Statement for the Closing shall include a deduction of the market
value of any such Asset which has not been located or any such Asset which has been materially damaged. Any adjustment to the Final Statement and the purchase price for the Assets pursuant to the provisions of this Section 2.7 shall not give rise to
an indemnification claim under or be deemed an indemnifyable loss pursuant to Article 12.



2.8 Allocation of Consideration. Purchaser and Seller agree that the consideration payable hereunder for the Assets at the Closing shall be allocated among the Assets on the basis of the fair market value of
each of the Assets.



2.9 Other Loans and Deposit-Related
Loans. Purchaser shall be required to purchase all Deposit Related Loan and Other Loans that are set forth in Schedule 1.1 (d).



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ARTICLE 3

LIMITATION OF LIABILITIES ASSUMED



3.1 Limitation of Liabilities Assumed. Notwithstanding anything in this Agreement to the contrary except with respect to the Liabilities expressly assumed as provided in this Agreement, neither Purchaser nor any of its Affiliates
shall assume pursuant hereto any liabilities, obligations or duties of Seller or any of its Affiliates of any kind or nature, whether or not accrued or fixed, absolute or contingent, determined or determinable (including, without limitation, any
penalties, fines or compensatory or punitive damages of any kind whatsoever) existing at the time of or arising out of or relating to acts, events or omissions to act that occurred prior to the Closing. Furthermore, except as otherwise expressly
provided in this Agreement, neither Purchaser nor any of its Affiliates shall assume pursuant hereto any liabilities, obligations or duties of Seller or any of its Affiliates of any kind or nature, whether or not accrued or fixed, absolute or
contingent, determined or determinable (including, without limitation, any penalties, fines or compensatory or punitive damages of any kind whatsoever) that is not expressly agreed to be assumed by Purchaser in this Agreement.



ARTICLE 4

TRANSITIONAL MATTERS



4.1 Transitional Arrangements. Seller and Purchaser agree to proceed where applicable as follows to effect the conversion of data processing responsibility for the Branch at Closing:



(a) As soon as practicable after the execution of this Agreement, Seller
will meet with Purchaser to investigate, confirm and agree upon mutually acceptable transaction settlement procedures and specifications, files, including without limitation conversion sample files, procedures and schedules, for the transfer of the
data processing responsibility from the Branch.



(b) As soon as
practicable after the execution of this Agreement, if requested by Purchaser, Seller shall deliver to Purchaser the specifications and conversion sample files which shall be in a form reasonably satisfactory to Purchaser.



(c) From time to time prior to the Closing, after Purchaser has tested and
confirmed the conversion sample files, Seller shall provide additional file related information, including without limitation, complete name and address, account masterfile, ATM account number information, applicable transaction and
stop/hold/caution information, account to account relationship information and any other related information with respect to the Assumed Deposits and the Other Loans.



(d) As soon as practicable after the date hereof, if requested by Purchaser, Seller shall provide Purchaser access to
inspect with (i) a file of all applicable Check/Savings/Signatures that Seller has for the Assumed Deposits and related special instructions and (ii) name/address and account information (listing of file as applicable) on all products related to the
Assumed Deposits.



(e) Upon request by Purchaser, Seller will
make available from time to time, at Purchasers expense, a reasonable number of technical personnel for consultation with Purchaser concerning the matters referred to in the foregoing provisions of this Section 4.1, such consultations to be
completed by the Closing Date.



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(f) The Purchaser agrees that all diligence and transition preparation performed in connection with this
Article 4 shall be at the Purchasers expense and shall be conducted at such times and in such a manner as is acceptable to Seller and the Purchaser shall not remove any Records or other documents from the Branch or make any copies of the same
without the consent of the Seller. All information obtained to Purchaser pursuant to this Agreement shall be deemed confidential information under the Confidentiality Agreement and subject to the terms thereof.



4.2 Depositors. (a) No later than 30 days prior to the Closing Date
(unless earlier required by law, regulation or regulatory policy), (i) Seller will notify the holders of Assumed Deposits to be transferred on the Closing Date that, subject to Closing, Purchaser will be assuming liability for such Assumed Deposits,
(ii) each of Seller and Purchaser shall provide, or join in providing where appropriate, all notices to customers of the Branch and other persons that Seller or Purchaser, as the case may be, is required to give by any regulatory authority having
jurisdiction or under applicable Federal or State law or the terms of any other agreement between Seller and any customer in connection with the transactions contemplated hereby and (iii) following or concurrently with the notice referred to in
clause (i) above, Purchaser may communicate with and deliver information, brochures, bulletins and other communications to depositors and other customers of the Branch concerning the transactions contemplated by this Agreement and concerning the
business and operations of Purchaser. A party proposing to send or publish any notice or communication pursuant to any subsection of this Section 4.2 shall furnish to the other party a copy of the proposed form of such notice or communication at
least ten days in advance of the proposed date of the first mailing, posting, or other dissemination thereof to customers, and shall not unreasonably refuse to amend such notice to incorporate any changes that the other such party proposes as
necessary to comply with applicable statutes, rules, regulations or requirements of any regulatory authority having jurisdiction. All costs and expenses of any notice or communication sent or published by Purchaser or Seller shall be the
responsibility of the party sending such notice or communication and all costs and expenses of any joint notice or communication shall be shared equally by Seller and Purchaser.



(b) Following the giving of any notice described in paragraph (a) above, Purchaser and Seller shall deliver to each new
customer at the Branch such notice or notices as may be reasonably necessary to notify such new customers of Purchasers pending assumption of liability for the Assumed Deposits and to comply with the requirements of any regulatory authority or
applicable law. The cost of such notices shall be shared equally by Seller and Purchaser. At any time after the receipt of all Regulatory Approvals, within five Business Days following any request by Purchaser, Seller will provide Purchaser with a
magnetic tape in Sellers standard file format containing full account information, including complete mailing addresses for each of the depositors of the Assumed Deposits as of a recent date, and upon reasonable request shall provide an
updated version of such tape; provided that Seller shall not be obligated to provide such tape more than twice, unless such tape is inaccurate, incomplete or defective.



(c) Notwithstanding the provisions of Section 7.8, neither Purchaser nor Seller shall object to the use by depositors of the
Assumed Deposits transferred within six months of the Closing Date of payment orders issued to or ordered by such depositors on or prior to the Closing Date, which payment orders bear Sellers name, or any logo, trademark, service mark, trade
name or other proprietary mark of Seller. This provision does not however transfer any rights in such logos or marks to Purchaser.



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4.3 Assumption of Obligations. Upon the Closing Date, Purchaser shall assume and timely discharge
the duties and obligations of Seller with respect to the Assumed Deposits transferred on such Closing Date as may arise under such account agreements, applicable laws, regulations, Operating Circulars of the Federal Reserve Banks, agreements and
rules of automated clearing houses and other payment systems which relate thereto.



4.4 Direct Deposits. Seller will use reasonable efforts to transfer to Purchaser on the Closing Date all of those automated clearing house and fed wire direct deposit arrangements which are tied by agreement or
other standing arrangement to Accounts that are Assumed Deposits. As soon as practicable after the receipt of all Regulatory Approvals, Seller will deliver to Purchaser a listing in a format mutually agreed upon by the parties of all such direct
deposit records which Seller, in the exercise of its reasonable efforts, is able to identify. On each Business Day for a period of three months following the Closing, in the case of automated clearing house direct deposits to Assumed Deposits (the
final Business Day of such period being the ACH Direct Deposit Cut-Off Date), Seller shall, as soon as practicable, but in any event no less than twice daily and no later than 4:00 A.M. California Time of each Business Day for same day
settlement, and no later than 6:00 P.M. California time of each Business Day for settlement on the following Business Day, remit and transfer to Purchaser all ACH Direct Deposits intended for Accounts which are Assumed Deposits but which are wired
to and received by the Seller. On each Business Day, for a period of 30 days following the Closing Date, in the case of Fed Wire Direct Deposits to Assumed Deposits (the final Business Day of such period being the Fed Wire Direct Deposit
Cut-Off Date), Seller shall, as soon as practicable, but in any event, no later than 12:00 Noon California Time of each Business Day following the date of receipt thereof, remit and transfer to Purchaser all Fed Wire Direct Deposits intended
for Accounts which are Assumed Deposits. Compensation for ACH Direct Deposits or Fed Wire Direct Deposits not forwarded to Purchaser on the same Business Day as that on which Seller has received such deposits will be handled in accordance with the
rules established by the United States Council on International Banking. After the applicable Direct Deposit Cut-off Date, Seller may discontinue accepting and forwarding automated clearing house and fed wire entries and funds and return such direct
deposits to the originators marked Account Closed. Seller shall not be liable for any account overdrafts that may thereby be created. Purchaser and Seller shall agree on a reasonable period of time prior to the Closing during which
Seller will no longer be obligated to accept new direct deposit arrangements. At the time of the Closing, Purchaser will provide automated clearing house originators with account numbers and conversion tapes relating to Assumed Deposits.



4.5 Direct Debit. As soon as practicable after the receipt of all
Regulatory Approvals, and after the notice provided in Section 4.2(a), Purchaser will send appropriate notice to all customers having Accounts which are to be Assumed Deposits that are to be transferred on the Closing Date and the terms of which
provide for direct debit of such Accounts by third parties, instructing such customers concerning transfer of customer direct debit authorizations from Seller to Purchaser. Seller shall cooperate in soliciting the transfer of such authorizations.
Such notice shall be in a form agreed to by the parties. For a period of three months following the Closing Date, Seller shall as soon as practicable, but in any event, no less than twice daily and no later than 4:00 A.M. California Time of each
Business Day for same day settlement, and no later than 6:00 P.M. California Time of each Business Day for settlement on the following Business Day, forward to Purchaser all direct debits on Accounts which are Assumed Deposits transferred



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on the Closing Date which are received by Seller. Thereafter, Seller may discontinue forwarding such entries and return
them to the originators marked Account Closed. Purchaser and Seller shall agree on a reasonable period of time prior to the Closing during which Seller will no longer be obligated to accept new direct debit arrangements. At the time of
the Closing Date, Purchaser will provide automated clearing house originators of such direct debits with account numbers and conversion tapes.



4.6 Escheatable Deposits. As soon as practicable after the Closing Date, Seller will deliver to Purchaser a tape which will identify all
Escheatable Deposits that have been transferred to Purchaser on the Closing Date. Thereafter, Purchaser shall be solely responsible for the proper reporting and transmission to the State of Illinois of such Escheatable Deposits identified on such
tape. Seller shall indemnify Purchaser for the failure to properly report or transmit any Escheatable Deposits which are not identified on such tape.



4.7 Maintenance of Records. Through the Closing Date, Seller will maintain the Records relating to the Assets and Liabilities being transferred at
the Closing in the same manner and with the same care that such Records have been maintained prior to the execution of this Agreement. Purchaser may, at its own expense, make such copies of and excerpts from such Records as it may deem desirable but
shall maintain such copies as confidential information under the Confidentiality Agreement and as required by applicable laws and regulations. All such Records whether held by Purchaser or Seller, shall be maintained for such periods as are required
by law, unless the parties shall, applicable law permitting, agree in writing to a different period. From and after the Closing Date, each of the parties shall upon request of the other party, use reasonable efforts to provide the other party with
information contained in Records in its possession relating to matters arising on or before the Closing Date and reasonably necessary in connection with any claim, action, litigation or other proceeding involving the party requesting access to such
Records or in connection with any legal obligation owed by such party to any present or former depositor or other customer. After the Closing, Seller shall deliver the Records to Purchaser, including any plans or drawings of the Branch premises and
Improvements in the possession of Seller. However, this Section 4.7 provision shall not require either party to disclose information to the other party if such disclosure would cause a breach of attorney-client privilege or require a disclosure of
attorney work product or in connection with litigation against the disclosing party brought by the party requesting the disclosure.



4.8 Interest Reporting and Withholding. Unless otherwise agreed to by the parties, Seller will report to applicable taxing authorities and holders
of Assumed Deposits transferred on the Closing Date, with respect to the period from January 1 of the year in which the Closing occurs through the Closing Date, all interest credited to, withheld from and any early withdrawal penalties imposed upon
the Assumed Deposits. Purchaser will report to the applicable taxing authorities and holders of Assumed Deposits, with respect to all periods from the day after the Closing Date, all such interest credited to, withheld from and early withdrawal
penalties imposed upon such Assumed Deposits. Any amounts required by any governmental agencies to be withheld from any of the Assumed Deposits through the Closing Date will be withheld by Seller in accordance with applicable law or appropriate
notice from any governmental agency and will be remitted by Seller to the appropriate agency on or prior to the applicable due date. Any such withholding required to be made subsequent to the Closing Date shall be withheld by Purchaser in accordance
with applicable law or the appropriate notice from any governmental agency and will be remitted by Purchaser to the appropriate agency on or prior to the applicable due date.



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Promptly after the Closing Date, but in no event later than the date Purchaser is obligated to remit such amounts to the
applicable governmental agency, Seller will pay to Purchaser that portion of any sums theretofore withheld by Seller from any Assumed Deposits transferred on the Closing Date which are or may be required to be remitted by Purchaser pursuant to the
foregoing and shall directly remit to the applicable governmental agency that portion of any such sums which are required to be remitted by Seller.



Unless otherwise agreed by the parties, Seller shall be responsible for delivering to payees all IRS notices with respect to information reporting and tax
identification numbers required to be delivered through the Closing Date with respect to the Assumed Deposits, and Purchaser shall be responsible for delivering to payees all such notices required to be delivered following the Closing Date with
respect to the Assumed Deposits. Purchaser and Seller shall, prior to the Closing Date, consult (and Seller shall take such actions as are reasonably necessary) to permit Purchaser timely to deliver notices required to be delivered in the
post-Closing period.



Unless otherwise agreed by the parties,
Seller will make all required reports to applicable taxing authorities and to obligors on Deposit-Related Loans and the Other Loans purchased on the Closing Date, with respect to the period from January 1 of the year in which the Closing occurs
through the Closing Date, concerning all interest and points received by the Seller. Purchaser will make all required reports to applicable taxing authorities and to obligors on Deposit-Related Loans and the Other Loans purchased on the Closing
Date, with respect to all periods from the day after the Closing Date, concerning all such interest and points received.



4.9 Intentionally Omitted.



4.10 Negotiable Instruments. Seller will remove any supply of Sellers money orders, official checks, gift checks, travelers checks or
any other negotiable instruments of Seller located at the Branch on the Closing Date.



4.11 ATM Cards. Seller will provide Purchaser with a list of ATM access cards issued by Seller to depositors of any Assumed Deposits, and a magnetic tape in a format agreed to by the parties containing all
addresses therefore, as soon as practicable after the receipt of all required approvals by bank regulatory authorities for the transactions hereby contemplated. At or promptly after the Closing, Seller will provide Purchaser with a revised magnetic
tape. In instances where a depositor of an Assumed Deposit made an assertion of error regarding an Account pursuant to the Electronic Funds Transfer Act and Federal Reserve Board Regulation E, and Seller, prior to the Closing, recredited the
disputed amount to such account during the conduct of the error investigation, Purchaser agrees to comply with a written request from Seller to debit such account in a stated amount and remit such amount to Seller, to the extent of the balance of
funds available in the relevant Account or Accounts. Seller agrees to indemnify Purchaser for any claims or losses that Purchaser may incur as a result of complying with such request from Seller. Seller will not be required to disclose to Purchaser
customers PINs or algorithms or logic used to generate PINs. Purchaser shall reissue ATM access cards to depositors of any Assumed Deposits prior to or within 15 days following the Closing Date. Seller agrees to settle any and all ATM
transactions effected on or before the Closing Date, but processed after the Closing Date, within 10 Business Days after the Closing Date. Purchaser and Seller agree to remit the total net balance of such transactions to Seller or Purchaser, as the
case may be, on the same date the transactions are settled.



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4.12 Leasing of Furniture, Fixtures and Equipment. Seller shall use reasonable efforts to renew or
extend on a month-to-month basis, any lease relating to Furniture, Fixtures or Equipment, that is currently in effect but that would otherwise expire on or prior to the Closing Date, provided that no such renewal or extension shall be for a
fixed term or reoccurring term of more than one month without the prior written consent of Purchaser. Seller shall not cancel, terminate or take other action that may result in any cancellation or termination of any such lease without the prior
written consent of Purchaser.



4.13 Data Processing
Conversion for the Branch and Handling of Certain Items.



(a) The conversion of the data processing with respect to the Branch and the Assets and Liabilities to be transferred hereunder will be completed on the Closing Date unless otherwise agreed by the parties. Seller and Purchaser agree to
cooperate to facilitate the orderly transfer of all data processing information. All costs of transitioning such information to Purchasers systems including the cost of Sellers technical personnel and the costs of third party support
shall be paid for by Purchaser.



(b) As soon as practicable
after the Closing Date, Purchaser shall mail to each depositor in respect of a Transaction Account domiciled at the Branch a letter approved by Seller requesting that such depositor promptly cease writing Sellers drafts against such
Transaction Account. At such time as Purchaser mails each such notice to each depositor, Purchaser shall also forward to each such depositor new drafts which such depositor may draw upon Purchaser for the purpose of effecting transactions with
respect to such Transaction Accounts.



The parties hereto shall
use their best efforts to develop procedures which cause Sellers drafts against Transaction Accounts which are received after the Closing Date to be cleared through Purchasers then current clearing procedures.



During the 180-day period from the Closing Date, if it is not possible to
clear Transaction Account drafts through Purchasers then current clearing procedures after the Closing Date, Seller shall forward to Purchaser on the same Business Day all such Transaction Account drafts drawn against Transaction Accounts
domiciled at the Branch and transferred on the Closing Date. Seller shall have no obligation to pay such Transaction Account drafts. Upon the expiration of such 180-day period, Seller shall cease forwarding drafts against Transaction Accounts
associated with the Branch transferred on the Closing Date. Purchaser shall pay Seller $0.50 per item for drafts processed as described in this Section.



(c) Any items that were credited for deposit to or cashed against an Assumed Deposit prior to the Closing and are returned unpaid on or within 60 days
after the Closing (Returned Items) will be handled as set forth herein. If Sellers bank account is charged for the Returned Item, Seller shall forward such Returned Item to Purchaser. If upon Purchasers receipt of such
Returned Item there are sufficient funds in the Assumed Deposit to which such Returned Item was credited or any other Assumed Deposit transferred at the Closing standing in the name of the party liable for such Returned Item, Purchaser will debit
any or all of such Assumed Deposits an amount equal in the aggregate to the Returned Item, and shall repay that amount to Seller. If there are not sufficient funds in the Assumed Deposit because of Purchasers failure to honor holds placed on
such Assumed Deposit, Purchaser shall repay the amount of the Returned Item to Seller. Any items that were credited for deposit to, or cashed against, an account at the Branch to be transferred at the Closing prior to the Closing and are returned
unpaid more than 60 days after the Closing will be the responsibility of Purchaser.



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ARTICLE 5

REPRESENTATIONS AND WARRANTIES OF SELLER



Seller represents and warrants as follows:



5.1 Corporate Organization and Authority. Seller is a Korean banking corporation, duly organized and validly existing under the laws of Korea and has the requisite power and authority to conduct the business
now being conducted at the Branch, to accept and maintain the Assumed Deposits and to own the Assets which it owns. Sellers Deposits are insured by the FDIC, subject to applicable FDIC coverage limitations. Seller has the requisite corporate
power and authority and has taken all corporate action necessary in order to execute and deliver this Agreement and to consummate the transactions contemplated hereby. Subject to obtaining the necessary Regulatory Approvals, and subject to
limitations on enforceability imposed by insolvency, bankruptcy or other laws relating to creditor rights and general principles of equity, this Agreement is a valid and binding agreement of Seller.



5.2 No Conflict; Licenses and Permits; Compliance with Laws and
Regulations. The execution, delivery and performance of this Agreement by Seller does not, and will not, (i) violate any provision of its Articles of Incorporation or by-laws or (ii) to Sellers knowledge, except to the extent the
Regulatory Approvals are not received, violate or constitute a breach of, or default under, any law, rule, regulation, judgment, decree, ruling or order of any court, government or governmental agency to which Seller is subject or under any
agreement or instrument relating to the Branch of Seller relating to the Branch, or to which Seller is subject or is a party or by which Seller is otherwise bound, or to which any of the Assets, Assumed Deposits, Lease or Assumed Contracts (except
for any required consent of Lessor under the Lease or other parties under Assumed Contracts in respect of the transactions herein contemplated) or Branch are subject, which violation, breach, contravention or default referred to in this clause (ii)
would have a Material Adverse Effect, individually or in the aggregate. Seller has all material licenses, franchises, permits, certificates of public convenience, orders and other authorizations of all federal, state and local governmental
authorities necessary for the lawful conduct of its business at the Branch as now conducted and all such licenses, franchises, permits, certificates of public convenience, orders and other authorizations, are, to Sellers knowledge, valid and
in good standing and, to Sellers knowledge, are not subject to any suspension, modification or revocation or proceedings related thereto.



5.3 Approvals and Consents. Except as required to obtain the Regulatory Approvals or as otherwise disclosed in writing to Purchaser by Seller prior
to the date hereof, no notices, reports or other filings are required to be made, as of the date hereof, by Seller with, nor are any consents, registrations, approvals, permits or authorizations required to be obtained, as of the date hereof, by
Seller from, any governmental or regulatory authorities of the United States or the State of Illinois in connection with the execution and delivery of this Agreement by Seller and the consummation by Seller of the transactions contemplated hereby.



5.4 Title to Assets. Except for such imperfections of
title as do not materially and adversely affect the use of the properties or assets subject thereto or affected thereby or otherwise materially impair business operations at such properties, Seller has, or will have at the Closing, good and
marketable title or a valid leasehold interest in the Assets then being transferred, with all Assets free and clear of all Encumbrances other than liens in favor of Seller which are assigned to the Purchaser. The Furniture, Fixtures and Equipment
are in adequate working condition for the conduct of the business of the Branch as currently conducted by Seller.





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5.5 Leases. The Lease is the valid and binding obligation of Seller and to Sellers
knowledge, there does not exist with respect to Sellers obligations thereunder, or, with respect to the obligations of any lessor thereof, any material default, or event or condition which constitutes, a material default on the part of Seller
or the lessor under the Lease. The Lease is current and all rents have been paid in full (except for any payments as to which the obligation to make such payment is being contested in good faith).



5.6 Contracts and Defaults. Except as set forth on Schedule 5.6
hereto, to the knowledge of Seller, no event has occurred and remains uncured which constitutes a material default or results in a right of acceleration, termination or any similar right by any party (or would, but for the passage of time or the
giving of notice, constitute a material default or result in such a right of acceleration, termination or similar right) under any Assumed Contract except for those agreements that are terminable within 30 days and without cost to Seller or which
involving an obligation of Seller or the other party or parties thereto of less than $5,000 in any year (excluding for purposes of this Section 5.6 any Deposit Related Loans or Other Loans).



5.7 Employee Benefits. (a) All material benefit plans, contracts
(regardless of whether they are funded or unfunded) or published policies covering current employees of the Branch, including, but not limited to, employee benefit plans within the meaning of Section 3(3) of the ERISA (the
Plans), are listed on Schedule 5.7 hereto.



(b)
Seller is in substantial compliance under the Plans and all the Plans, to the extent subject to ERISA, are in substantial compliance with ERISA. There is no material pending or threatened litigation relating to any of the Plans.



5.8 Litigation and Liabilities. There are no actions, suits or
proceedings pending or, to the knowledge of Seller, threatened against Seller or any of its subsidiaries, to the Sellers knowledge, violations of law or regulation, or obligations or liabilities, individually or in the aggregate, could
reasonably be expected to have a Material Adverse Effect. None of the Assumed Deposits is subject to any legal process, or to any Encumbrance, other than routine matters or encumbrances arising out of claims against depositors, such as account
restrictions, claims of governmental authorities and debtors attachments or security interests granted by the depositors in the Deposits.



5.9 Regulatory Matters. Except as set forth on Schedule 5.9 or as previously disclosed in writing to Purchaser, there are no pending, or, to the
knowledge of Seller, threatened, disputes or controversies between Seller and any federal, state or local governmental authority relating to the operations of the Branch that, individually or in the aggregate, directly involve or reasonably could be
expected to have a Material Adverse Effect. Seller also represents that the Branch is in full compliance with Bank Secrecy Act and US Patriot Act requirements and that Branch personnel have filed any and all required reports with governmental
agencies including Suspicious Activity Reports.



5.10
Brokers Fees. Except as set forth on Schedule 5.10 hereto, Seller has not employed any broker or finder or incurred any liability for any brokerage fees, commissions or finders fee in connection with the transactions contemplated
by this Agreement.



5.11 Intentionally Omitted.



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5.12 Intentionally Omitted.



5.13 Absence of Certain Changes, Etc. Except as contemplated under this Agreement, since September 30, 2003,
Sellers business at the Branch has been conducted only in, and there has not been any material transaction other than according to, the ordinary and usual course of such businesses and there has not been (a) any material adverse change in the
financial condition, prospects, properties, business or results of operations of the Branch, other than changes in general economic conditions or changes in banking laws or regulations of general applicability or interpretations thereof, or (b)
except as the parties may otherwise agree in writing, any material change by Seller in accounting principles, practices or methods that would affect the items reflected in the Statement or the Final Statement, except as may be required by changes in
applicable accounting principles consistently applied.



5.14
Loans. None of the Deposit Related and Other Loans are presently serviced by third parties and, prior to the Closing, none will be serviced by third parties, except as disclosed in such Schedule.



5.15 Collective Bargaining Agreements. As of the date of this
Agreement, Seller is not a party to or bound by any collective bargaining agreement with respect to any Employees at the Branch.



5.16 Agreements with Regulatory Authorities. Except as set forth on Schedule 5.16, Seller is not a party to any written order, decree, agreement or
memorandum of understanding with, or commitment letter or similar submission to, any federal or state governmental agency or authority charged with the supervision or regulation of depository institutions or engaged in the insurance of deposits nor
has Seller been advised by any such regulatory authority that such authority is contemplating issuing or requesting (or is considering the appropriateness of issuing or requesting) any such order, decree, agreement, memorandum of understanding,
commitment letter or submission, in each case which order, decree, agreement, memorandum of understanding, commitment letter or submission (i) could reasonably be expected to prevent or impair the ability of Seller to perform its obligations under
this Agreement in any material respect (except generally the requirement to obtain the Regulatory Approvals which approvals could if not granted materially impair the Sellers ability to perform hereunder) or (ii) could impair the validity or
consummation of this Agreement or the transactions contemplated hereby.



ARTICLE 6

REPRESENTATIONS AND WARRANTIES OF PURCHASER



Purchaser represents and warrants as follows:



6.1 Corporate Organization and Authority. Purchaser is a California banking corporation, duly organized, validly
existing and in good standing under the laws of the State of California. Purchaser has the requisite corporate power and authority and has taken all corporate action necessary in order to execute and deliver this Agreement. Purchaser has the
requisite corporate power and authority and will have taken all corporate action necessary to consummate the transactions contemplated hereby, to accept and maintain the Assumed Deposits, to own the Assets and to operate the Branch. This Agreement
is a valid and binding agreement of Purchaser.



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6.2 No Conflict; Licenses and Permits; Compliance with Laws and Regulations. The execution,
delivery and performance of this Agreement by Purchaser does not, and will not violate any provision of Purchasers Articles of Incorporation or by-laws or violate or constitute a breach or contravention of or default under any law, rule,
regulation, order, judgment, decree or filing of any government, governmental authority or court to which Purchaser is subject or under any agreement or instrument of Purchaser, or to which Purchaser is otherwise bound, which violation, breach,
contravention or default, individually or in the aggregate, (i) could be expected to prevent or impair the ability of Purchaser to perform its obligations under this Agreement in any material respect or (ii) could impair the validity or consummation
of this Agreement or the transactions contemplated hereby.



6.3
Approvals and Consents. Other than the Regulatory Approvals or as otherwise disclosed by Purchaser to Seller in writing prior to the date hereof, no notices, reports or other filings are required to be made by Purchaser with, nor are any
consents, registrations, approvals, permits or authorizations required to be obtained by Purchaser from any governmental or regulatory authorities of the United States, or the State of California in connection with the execution and delivery of this
Agreement by Purchaser and the consummation of the transactions contemplated hereby by Purchaser, the failure to make or obtain any or all of which could prevent, materially delay or materially burden the transactions contemplated by this Agreement.



6.4 Regulatory Matters. Neither Purchaser nor any of
its Affiliates has received any indication from any federal, state or other governmental agency that such agency would oppose or refuse to grant or issue its consent or approval, if required, or impose an Unacceptable Condition, with respect to the
transactions contemplated hereby, including, without limitation, any Regulatory Approval.



6.5 Brokers Fees. Purchaser has not employed any broker or finder or incurred any liability for any brokerage fees, commissions or finders fees in connection with the transactions contemplated by
this Agreement..



6.6 Litigation and Liabilities. There
are no actions, suits or proceedings pending or, to the best knowledge of the management of the Purchaser, threatened against Purchaser, violations of law or regulation, or obligations or liabilities, whether or not accrued, contingent or otherwise,
or any facts or circumstances of which the management of Purchaser is aware, including, without limitation, those relating to environmental and occupational safety and health matters, that could result in any claims against or obligations or
liabilities of Purchaser that, individually or in the aggregate, (i) could reasonably be expected to prevent or impair the ability of Purchaser to perform its obligations under this Agreement in any material respect or (ii) could impair the validity
or consummation of this Agreement or the transactions contemplated hereby.



6.7 Agreements with Regulatory Authorities. Purchaser is not a party to any written order, decree, agreement or memorandum of understanding with, or commitment letter or similar submission to, any federal or
state governmental agency or authority charged with the supervision or regulation of depository institutions or engaged in the insurance of deposits nor has Purchaser been advised by any such regulatory authority that such authority is contemplating
issuing or requesting (or is considering the appropriateness of issuing or requesting) any such order, decree, agreement, memorandum of understanding, commitment letter or submission, in each case which order, decree, agreement, memorandum of
understanding, commitment letter or submission (i) could reasonably be expected to prevent or impair the ability of Purchaser to perform its obligations under this Agreement in any material respect or (ii) could impair the validity or consummation
of this Agreement or the transactions contemplated hereby.





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6.8 Operation of the Branch. Purchaser intends to offer a broad array of retail and business
banking services commonly offered in the state of Illinois in the geographic area served by the Branch to be acquired by Purchaser under this Agreement.



ARTICLE 7

COVENANTS OF THE PARTIES



7.1 Activity in the Ordinary Course. From the date hereof, and
until the Closing Date, Seller shall conduct the business of the Branch to be transferred at the Closing Date in the ordinary and usual course following the same practices and standards, including, without limitation, collection practices, as they
have been consistently applied since January 1, 2003, with the understanding that Seller is currently winding up the affairs of the Branch and is not accepting new depositors or making new loans. Seller will not enter into any material transaction
with respect to any of the Assets, Liabilities or Assumed Contracts or make any material commitment with respect to the Assets, Liabilities or Assumed Contracts except in the ordinary and usual course of business consistent with past practice or as
otherwise required by this Agreement. From the date hereof and until the Closing Date, Seller shall not, without the prior written consent of Purchaser:



(a) Permit the Branch to engage or participate in any material transaction or incur or sustain any material obligation except in the ordinary course of
Branch business;



(b) Increase or agree to increase the salary,
remuneration or compensation of persons employed at the Branch (or make any material increase or decrease in the number of such persons or transfer such persons to or from the Branch) other than in accordance with Sellers existing customary
policies generally applicable to employees having similar rank or duties, or pay or agree to pay any uncommitted bonus to any such employees other than regular bonuses granted in the ordinary course of Sellers business;



(c) Offer interest rates or terms on any category of deposits at the Branch
which are not consistent with past practice except as may be deemed appropriate by Seller in response to competitive developments in the local area of the Branch;



(d) Except in the ordinary course of business, or as contemplated herein, transfer to or from any of Sellers other
operations or Branches any Assets or Deposits, except upon the request of a depositor or customer in the ordinary course of business, if such deposit is pledged as security for a loan or other obligation that is not a Deposit Related Loan or Other
Loan if such Deposit will not be an Assumed Deposit;



(e)
Except in the ordinary course of business, sell, transfer, assign, encumber or otherwise dispose of or enter into any contract, agreement or understanding to transfer, assign, encumber or dispose of any of the Assets existing on the date hereof;



(f) Sell, transfer, assign, encumber or otherwise dispose of
or enter into any contract, agreement or understanding to sell, transfer, assign, encumber or dispose (a disposition) of any Deposit Related Loan or Other Loan.



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(g) Make or agree to make any material improvements to the Branch, except with respect to commitments for
such made on or before the date of this Agreement and normal maintenance or refurbishing purchased or made in the ordinary course of business;



(h) File any application to relocate the Branch;



(i) Enter into any commitment, agreement, understanding or other arrangements to transfer, assign, encumber or otherwise dispose of the Branch;



(j) Terminate the operations of the Branch;



(k) Amend in any material respect the Lease except as permitted under Section
4.12;



(l) Except as permitted by this Section 7.1, take, or
permit its Affiliates to take, any action (i) impairing Purchasers rights in any Assumed Deposit or Asset, (ii) impairing in any way the ability of Purchaser to collect upon any Deposit-Related Loan or Other Loan or (iii) except in the
ordinary course of servicing, waiving any material right, whether in equity or at law, that it has with respect to any Deposit-Related Loan; or



(m) Transfer or cause the movement of deposits from Sellers branches or from the head office of Seller or an affiliate of the Seller to the Branch,
except at the written request of the depositor or for deposits from a depository institution that is a banking office of Seller or Sellers affiliates.



7.2 Access and Confidentiality. (a) Between the date of this Agreement and the Closing Date, Seller shall afford to Purchaser and its officers and
authorized agents and representatives reasonable access to the properties, books, records, contracts, documents, files (including loan files) and other information of or relating to the Branch, the Assets, the Assumed Contracts and the Deposits.
Purchaser and its representatives shall give Seller at least 24 hours notice of their intention to inspect the Branch or any Records. Purchaser shall cooperate with Seller to conduct such reviews in a manner and at time which will not interfere with
the day-to-day business at the Branch. In addition, Seller will use reasonable efforts to arrange for Purchaser to have reasonable access to similar information held by third parties, if any, for or on Sellers behalf. Purchaser and Seller each
have identified a selected group of their respective salaried personnel that shall constitute a transition group who shall be available to Seller and Purchaser, respectively, at reasonable times (limited to normal operating hours) to
provide information and assistance in connection with Purchasers investigation of matters relating to the Branch, the Assets, the Assumed Contracts and the Deposits and to familiarize Purchaser with basic policies and operational procedures of
Seller relating to the Branch. Seller shall cause other personnel to be reasonably available during normal business hours, to an extent not disruptive of ongoing operations, for the same purposes. Seller shall furnish Purchaser with such additional
financial and operating data and other information about its business operations at the Branch as may be reasonably necessary for the orderly transfer of the business operations of the Branch. Notwithstanding any other provision hereof, Seller shall
not be required to make available to Purchaser any employment records as to which employees of Seller have not agreed to release such records to Purchaser or to otherwise provide any information which would constitute a violation of Sellers
confidentiality obligations under any law, regulation or agreement.



(b) Each party to this Agreement shall hold, and shall cause its respective directors, officers, employees, agents, consultants and advisors to hold, in strict confidence, unless



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disclosure to a regulatory authority is necessary in connection with any Regulatory Approval or unless compelled to
disclose by judicial or administrative process or, in the written opinion of its counsel, by other requirements of law or the applicable requirements of any regulatory agency or relevant stock exchange, all non-public records, books, contracts,
instruments, computer data and other data and information, trade secrets, business plans, customer lists, market studies and surveys and other proprietary, non-public information (collectively, Information) concerning the other party
(or, if required under a contract with or otherwise by legal obligation to a third party, such third party) furnished it by such other party or its representatives pursuant to this Agreement (except to the extent that such information can be shown
to have been (a) previously known by such party non-confidential basis, (b) in the public domain through no fault of such party or (c) later lawfully acquired from other sources by the party to which it was furnished), and neither party shall
release or disclose such Information to any other person, except its auditors, attorneys, financial advisors, bankers, other consultants and advisors who have a need to know such information and either a contractual or professional obligation to
maintain the confidentiality of such information and, to the extent permitted above, to regulatory authorities. The provisions of this Section 7.2 do not supercede and are not intended to replace the terms of and obligations of the parties under the
Confidentiality Agreement.



7.3 Regulatory Approvals.
Within ten (10) business days after the date of this Agreement, Purchaser shall prepare and Purchaser and Seller shall file any applications to federal or state regulatory authorities for approvals necessary, including all Regulatory Approvals, to
consummate the transactions contemplated by this Agreement. Purchaser and Seller shall each use its good faith efforts to obtain each such approval, will cooperate in connection therewith and provide the other with copies of any applications and all
correspondence relating thereto prior to filing, other than material filed in connection therewith under a claim of confidentiality. If any regulatory authority shall require the modification of any of the terms and provisions of this Agreement as a
condition to granting any Regulatory Approval, the parties hereto will negotiate in good faith to seek a mutually agreeable adjustment to the terms of the transactions contemplated hereby, such agreement not to be unreasonably withheld.



7.4 Consents. Seller and Purchaser agree to use reasonable efforts
to obtain from Lessor, lessors or any other parties to the Lease and any Assumed Contracts any required consents to the assignment of the Lease and Assumed Contracts to Purchaser on the Closing Date; provided, however, the Purchaser shall not
be obligated to incur any monetary obligations or expenditures, other than as are required to be paid pursuant to the terms of the Lease or Assumed Contract, in connection with the utilization of its reasonable efforts to obtain any such required
consents. In the event that any such required consent to any Assumed Contract cannot be obtained, notwithstanding any other provision hereof, the Assets and Liabilities of the Branch, including such Assumed Contract as to which consent cannot be
obtained, shall not be transferred to Purchaser at the Closing and the parties shall negotiate in good faith and exercise good faith efforts to make alternative arrangements reasonably satisfactory to the parties.



7.5 Delivery of Records at Closing. At or prior to the Closing (or to
the extent not identifiable at the Closing Date, within 60 days thereafter), Seller will deliver to Purchaser all Records, including but not limited to readable microfiche copies of the specimen signature records of all depositors of the Assumed
Deposits transferred at the Closing.



7.6 Continuing
Availability of Records. After the Closing, Seller will retain for such period as is reasonable under the circumstances all Records which have not been delivered to



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Purchaser at any time prior thereto. Subject to confidentiality obligations, Seller shall deliver or make available to
Purchaser any such Records that Purchaser may request, including but not limited to any account histories, deposit records, and documents provided to or by any depositor of the Assumed Deposits.



7.7 Further Assurances. Each of Seller and Purchaser will execute,
acknowledge and deliver such instruments and take such other actions as the other party may reasonably require in order to carry out the intent of this Agreement. Seller will duly execute and deliver such assignments, bills of sale, deeds,
acknowledgements and other instruments of conveyance and transfer as shall at any time be necessary or appropriate to vest in Purchaser the title to or a valid leasehold interest in the Assets being sold hereunder, free and clear of all Encumbrances
except security interests assigned to the Purchaser. On and after the Closing Date, each party will promptly deliver to the other all mail and other communications which are properly addressable or deliverable to the other as a consequence of the
transactions pursuant to this Agreement; and without limitation of the foregoing, on and after the Closing Date, Seller shall promptly forward any mail, communications or other material relating to the Assumed Deposits or the Assets transferred on
the Closing Date, including but not limited to that portion of any IRS B tapes that relates to such Assumed Deposits, to such employees of Purchaser at such addresses as may from time to time be specified by Purchaser in writing. The
costs incurred by a party in performing its obligations to the other (x) under the third sentence of this Section 7.7 shall be borne by the initial recipient and (y) otherwise under this Section 7.7 shall be borne by Purchaser. Seller will cooperate
with Purchaser to minimize the costs referred to in clause (y).



7.8 Solicitation of Accounts. For a period of 36 months following the Closing Date, Seller agrees that it will not solicit Deposits, Loans or other business from or to persons or entities who were depositors at the Branch on the
Closing Date with respect to Core Deposits or Hyundai Deposits which are Assumed Deposits, by personal contact, by telephone, by facsimile, by mail or other similar solicitation, or in any other way except for general solicitations which are not
directed primarily to persons or entities who were depositors of the Branch on the Closing Date. This Section 7.8 shall not prohibit the Seller from soliciting Deposits, Loans or other business: (a) from persons or entities who were customers of
other branches of the Seller as of the Closing Date, if such person or entity does not have a deposit relationship with Branch which is defined as a Core Deposit or a Hyundai Deposit under this Agreement and is an Assumed Deposit; (b) outside of the
states of Illinois or California; (c) denominated in currency other than United States Dollars; or (d) primarily related to Korean trade finance.



7.9 Intentionally Omitted.



7.10 Insurance. Seller will maintain in effect until and including the Closing Date all casualty and public liability policies relating to the
Branch and maintained by Seller on the date hereof or procure comparable replacement policies and maintain such replacement policies in effect until and including the Closing.



7.11 Notices of Default. Seller and Purchaser shall each promptly give written notice to the other upon becoming
aware of the impending or threatened occurrence of any event which could reasonably be expected to cause or constitute a breach of any of their respective representations, warranties, covenants or agreements contained in this Agreement.



7.12 Assumed Contracts. Seller agrees to provide to Purchaser no
later than 30 days after the date hereof a list of all service or similar contracts, existing as of the date hereof, that



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relate to the operations of the Branch or other operations that are the subject of this Agreement (and not to
Sellers operations generally). Within 15 days thereafter, Purchaser shall notify Seller of any such contract that it will assume at the Closing (Assumed Contracts). Notwithstanding anything to the contrary set forth herein,
Purchaser agrees to assume all obligations of the Seller with respect to the existing employment agreement entered into by the Seller, a copy of which has been provided to Purchaser.



7.13 Intentionally Omitted.



7.14 Performance of Liabilities. From and after the Closing Date, Purchaser shall fully perform, pay and discharge all of the Liabilities as and
when due and shall protect and observe the rights of depositors and creditors of the Branch in the same manner and to the same extent as if Purchaser had itself incurred the Liabilities and as otherwise may be required by applicable law.



7.15 Employment Solicitation. From the date hereof until the
Closing Date and for an additional 24 months following the Closing Date (or such shorter period as such persons may continue to be employed at the Branch following the Closing Date), neither Seller nor any Affiliate shall solicit the employment of
any persons that were Employees prior to the Closing Date, provided, however, that nothing herein shall prevent Seller or its Affiliates from (a) advertising generally any employment opportunities or (b) hiring any persons who were Employees
on the Closing Date who seek employment without inducement from Seller.



7.16 Other Covenants of the Purchaser. The Purchaser hereby covenants and agrees:



(a) that from the date hereof, the Purchaser shall not take any action which would be deemed to violate any law, rule or regulation with respect to the
maintenance or disposition of financial and other proprietary information of the Branch or any customer or employee of the Branch;



(b) that from the date hereof, the Purchaser shall comply with all laws, rules and regulations relating to the operation of a banking institution offering
the services offered by the Branch in the State of Illinois with respect to the operation of the Branch;



(c) after the Closing Date, shall comply with all withholding and reporting requirements of any governmental authority with respect to the assets,
liabilities or operations of the Assets acquired and Liabilities assumed by the Purchaser pursuant to the terms of this Agreement;



(d) shall maintain banking operations at the same location of the Branch for at least 3 months after the Closing Date;



(e) after the Closing Date, shall fully discharge all of the Liabilities
assumed pursuant to this Agreement.



ARTICLE 8

TAXES AND EMPLOYEE BENEFITS



8.1 Tax Representations. Seller represents and warrants to Purchaser as follows:



(a) All material Tax Returns with respect to the Assets or income therefrom, the Liabilities or payments in respect thereof
or the operation of the Branch, that are required to be filed by Seller have been duly filed, and all Taxes shown to be due from Seller on such Tax Returns have been paid in full unless the failure to pay such Taxes is being contested in good faith
by the Seller or would not have a Material Adverse Effect.



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(b) With respect to the Assumed Deposits, Seller is in material compliance with the law and IRS
regulations relative to obtaining from depositors of the Assumed Deposits executed IRS Forms W-8 and W-9. With respect to the Assumed Deposits opened after December 31, 1993, Seller has either obtained a properly completed Form W-8 or W-9 or is back
up withholding on such account.



8.2 Proration of Taxes.
Except as otherwise agreed to by the parties, whenever it is necessary to determine the liability for Taxes for a portion of a taxable year or period that begins before and ends after the Closing Date, the determination of the Taxes for the portion
of the year or period ending on, and the portion of the year or period beginning after, the Closing Date shall be determined by assuming that the taxable year or period ended at the close of business on the Closing Date.



8.3 Sales and Transfer Taxes. All excise, sales, use and transfer
taxes that are payable or that arise as a result of the consummation of the purchase and sale contemplated by this Agreement shall be paid by the party on which they are assessed. The party which is liable for any tax obligation under this Section
8.3 shall indemnify and hold harmless the other party from and against any such taxes.



8.4 Information Returns. At the Closing or as soon thereafter as is practicable, Seller shall provide Purchaser with a list of all Assumed Deposits for which Seller has not received a completed Form W-8 and W-9
that, to the Sellers knowledge, has been properly completed or one which Seller is back up withholding as of the Closing Date, and such list shall include the date that each such Assumed Deposit was opened. Seller agrees to indemnify Purchaser
in an amount equal to any penalty and interest imposed upon Purchaser by the IRS which Purchaser is thereafter required to and does, pay to the IRS where such penalty and interest arises out of actions taken or omitted to be taken by Purchaser in
reliance upon information provided under this Section 8.4, and such penalty and interest does not result from an act or omission of Purchaser not made in reliance upon such information. The term interest for purposes of this Section 8.4
means interest accrued prior to the receipt by Purchaser of a notice of penalty from the IRS regarding Forms W-8 or W-9 for the Assumed Deposits.



8.5 Payment of Amount Due under Article 8. Any payment by Seller to Purchaser, or to Seller from Purchaser under this Article 8 (other than
payments required by Section 8.3) to the extent due at the Closing may be offset against any payment due the other party at the Closing. All subsequent payments under this Article 8 shall be made as soon as determinable and shall be made and bear
interest from the date due to the date of payment as provided in Section 10.2(e).



8.6 Assistance and Cooperation. After the Closing Date, each of Seller and Purchaser shall:



(a) Make available to the other and to any taxing authority as reasonably requested all relevant information, records, and documents relating to Taxes
with respect to the Assets or income therefrom, the Liabilities or payments in respect thereof, or the operation of the Branch;



(b) Provide timely notice to the other in writing of any pending or proposed tax audits (with copies of all relevant correspondence received from any
Taxing authority in connection with any Tax audit or information request) or assessments with respect to the Assets or the income therefrom, the Liabilities or payments in respect thereof, or the operation of the Branch for taxable periods for which
the other may have a liability under this Article 8; and



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(c) The party requesting assistance or cooperation shall bear the other partys out-of-pocket
expenses in complying with such request to the extent that those expenses are attributable to fees and other costs of unaffiliated third-party service providers.



8.7 Employee Benefits. (a) Purchaser or an Affiliate thereof shall offer employment to all Employees at the Branch as
set forth in Schedule 8.7 who complete the necessary employment forms of Purchaser; provided, however, that Purchaser shall not be required to offer employment to Employees on leave on the Closing Date who do not return within six months of
such date. All such Employees shall be offered a compensation package similar in total value to those of Purchaser. Purchaser shall have no obligation to offer employment to any of the other employees of Seller or Sellers affiliates, except at
Purchasers election and sole discretion.



(b) All
Employees who accept employment with Purchaser as of the Closing Date shall be eligible to participate in the employee benefit plans and other fringe benefits of Purchaser on the same basis as such plans and benefits are offered to employees of
Purchaser with comparable positions with Purchaser. Purchaser shall credit such Employees for their length of service with Seller or its Affiliates for all purposes under each employee benefit and fringe benefit plan to be provided by Purchaser to
such Employees to the same extent such service was recognized under similar plans of Seller and limited only to Purchasers plans in effect on the Closing Date or adopted within one year thereof. Such service, however, need only be counted for
purposes of vesting, eligibility and the rate of prospective benefit accrual under any pension benefit plan. For purposes of this Section 8.7(b), employee benefit plans and other fringe benefits includes, without limitation, pension and
profit sharing plans, retirement and post retirement welfare benefits, health insurance benefits (medical and dental), disability, life and accident insurance, sickness benefit, vacation, employees loans and banking privileges. Purchaser shall
credit each Employee who accepts employment with the Purchaser for all accrued vacation, sick or personal leave days for which the Seller has accrued an Accrued Expense as of the Closing Date and shall be responsible for the payment of any amounts
accrued as an Accrued Expense for vacation, sick or personal leave for Employees who do not accept employment with the Purchaser.



(c) Seller agrees to remain responsible for the payment of all accrued benefits (excluding accrued vacation, sick and personal leave days which are
Accrued Expenses) through the Closing Date to such participants or retirees in accordance with the terms of the Sellers retirement plans. Purchaser shall not at any time assume any liability for the benefits of any active or any terminated,
vested or retired participants in the Sellers retirement plans. No assets of or premiums paid under any such benefit plans shall be deemed Assets under this Agreement.



(d) Seller shall retain the responsibility for payment of all medical, dental, health and disability premiums on behalf of
any Employee offered employment and hired by Purchaser and in accordance with the terms and conditions of Sellers such plans prior to the Closing Date, and Purchaser shall not assume any liability with respect to such claims. Purchaser assumes
responsibility for payment of all medical, dental, health and disability claims incurred by Employees offered employment and in Purchasers employ on or after the Closing Date in accordance with the terms and conditions of its health plans.



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(e) Seller shall be responsible for providing any Employee offered employment and hired by Purchaser
whose qualifying event, within the meaning of Section 4980b(f) of the Code, occurs prior to the Closing Date (and such Employees qualified beneficiaries within the meaning of Section 4980b(f) of the Code) with the
continuation of group health coverage required by Section 4980b(f) of the Code (Continuation Coverage) under the terms of the health plan maintained by Seller. Seller shall be responsible for Continuation Coverage to any Employee (and
each Employees qualified beneficiaries) whose qualifying event occurs prior to the Closing Date to the extent required by law.



(f) Seller agrees that it shall retain, consistent with its normal employment practices, all liability and obligation, if any, (including, without
limitation, the liability and obligation for all wages, salary, vacation pay and unemployment, medical, dental, health and disability benefits) for those former employees of the Branch who retired or terminated employment prior to the Closing Date
or otherwise do not become Employees. Assets of any of Seller Plans shall not be deemed an Asset under this Agreement.



(g) Effective as of the Closing Date, Purchaser shall assume liability for severance pay and similar obligations payable to any Employee offered
employment and hired by Purchaser who is terminated by Purchaser after the Closing Date. Such payment shall be made pursuant to Purchasers normal severance policy unless otherwise provided by a written agreement assumed by the Purchaser.



(h) Purchaser agrees that it shall not terminate the
employment with the Purchaser of any such Employees who accept employment with the Purchaser other than for cause or pursuant to the Employment Practices of Purchaser. Purchaser agrees that it shall be responsible for severance payable to any
Employee arising as a result of the termination of their employment with the Seller on the Closing Date.



ARTICLE 9

CONDITIONS TO CLOSING



9.1 Conditions to Obligations of Purchaser. Unless waived in writing
by Purchaser, the obligation of Purchaser to consummate the transactions contemplated by this Agreement to be consummated at the Closing is conditioned upon fulfillment, at or before the Closing, of each of the following conditions:



(a) Governmental and Regulatory Consents. All
material consents, approvals and authorizations required to be obtained prior to the Closing from governmental and regulatory authorities in connection with the execution and delivery of this Agreement and the consummation of the transactions
contemplated hereby to be consummated at the Closing, including the Regulatory Approvals, shall have been made or obtained, and shall remain in full force and effect, all waiting periods applicable to the consummation of the transactions
contemplated hereby shall have expired or been terminated and all required regulatory filings shall have been made; provided, however, that no Regulatory Approval shall have imposed any condition or requirement (an Unacceptable
Condition) that would (i) result in any Material Adverse Effect or (ii) require Purchaser to effect any divestiture that would constitute a substantial portion of the business or properties of the Branch, taken as a whole.



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(b) Litigation. No court or governmental or regulatory authority of competent
jurisdiction shall have enacted, issued, promulgated, enforced or entered any statute, rule, regulation, judgment, decree, injunction or other order (whether temporary, preliminary or permanent) (any of the foregoing, an Order) which is
in effect and imposes any Unacceptable Condition or which would result in a Material Adverse Effect.



(c) Representations, Warranties and Covenants. Each of the representations and warranties of Seller contained in this Agreement
shall be true in all material respects when made and as of the Closing Date, with the same effect as though such representations and warranties had been made on and as of the Closing Date (except that representations and warranties that are made as
of a specific date need be true in all material respects only as of such date and except that representations and warranties relating to Assets and Liabilities transferred at the Closing Date shall only be made, and need only be true in all material
respects, on and as of the Closing Date); each of the covenants and agreements of Seller to be performed on or prior to the Closing Date shall have been performed in all material respects; and Purchaser shall have received at Closing a certificate
to that effect dated as of the Closing Date and executed by an authorized signatory of Seller.



(d) Consent of Lessor. Seller shall have obtained the consent of the Lessor for the Lease for the Branch.



9.2 Conditions to Obligations of Seller. Unless waived in writing by
Seller, the obligation of Seller to consummate the transactions contemplated by this Agreement to be consummated at the Closing, is conditioned upon fulfillment, at or before the Closing, of each of the following conditions:



(a) Governmental and Regulatory Consents. All
consents, approvals, permits and authorizations required to be obtained prior to the Closing from governmental and regulatory authorities in connection with the execution and delivery of this Agreement and the consummation of the transactions
contemplated hereby to the consummated at the Closing, including the Regulatory Approvals shall have been made or obtained and shall remain in full force and effect; and all waiting periods applicable to the consummation of the transactions
contemplated hereby shall have expired or been terminated and all required regulatory filings shall have been made.



(b) Representations, Warranties and Covenants. Each of the representations and warranties of Purchaser contained in this Agreement
shall be true in all material respects when made and as of the Closing Date, with the same effect as though such representations and warranties had been made on and as of the Closing Date (except that representations and warranties that are made as
of a specific date need be true in all material respects only as of such date). Each of the covenants and agreements of Purchaser to be performed on or prior to the Closing Date shall have been duly performed in all material respects and Seller
shall have received at the Closing a certificate to that effect dated as of such Closing Date and executed by the President or any Executive Vice President of Purchaser.



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(c) Litigation. As to Purchaser, there is no Order which is in effect and imposes
any Unacceptable Condition or which would result in a Material Adverse Effect.



ARTICLE 10

CLOSING PROCEDURE



10.1 Closing Date and Place. The Closing will take place at the offices of Baker & McKenzie, 130 East Randolph
Drive, Suite 3900, Chicago, Illinois, at 10:00 a.m. central time on first Friday following the satisfaction or waiver of each of the conditions set forth in Article 9 unless Purchaser and Seller agree otherwise. Subject to Article 11, failure to
consummate the purchase and sale provided for in this Agreement at the place and on the date determined by the previous sentence will not result in the termination of this Agreement and will not relieve any party of any obligation under this
Agreement. For all purposes under this Agreement, the Closing will be deemed to have occurred at 8:00 a.m. Chicago time, on the Closing Date irrespective of the actual time that the Closing takes place.



10.2 Procedure at the Closing; Adjustments.



(a) At the Closing, any Settlement Payment relating to the Closing shall be
made pursuant to Article 2.



(b) Except for the payments made
pursuant to paragraph (a) of this Section, the sales, purchases, transfers, assumptions, leases and other acts made or taken at the Closing will be made or taken to be effective as of the close of business of the Branch being transferred on the
Closing Date. Seller shall be responsible for the Branch being transferred at the Closing and the operation thereof until the close of business on the Closing Date.



(c) Within 90 days after the Closing, Seller shall deliver the Final Statement. Any Settlement Payment and the Purchase
Premium shall be recalculated based on such Final Statement (hereinafter referred to as the Final Settlement Payment and the Final Purchase Premium). Seller shall pay to Purchaser an amount equal to the excess, if any, of the
Purchase Premium applicable to the Closing over the Final Purchase Premium applicable to the Closing, and Purchaser shall pay to Seller an amount equal to the excess, if any, of the Final Deposit Premium over the Deposit Premium applicable to the
Closing, in either case in cash as provided in paragraph (e) of this Section. A Final Statement shall become final and binding on Purchaser and Seller 10 days after its delivery to Purchaser, unless Purchaser gives notice to Seller of its
disagreement with respect to any item included in such Final Statement, which notice shall state specifically what items on the draft Final Statement the Purchaser disagrees with the Seller as to the calculation (Disputed Items).
Seller and Purchaser will act in good faith to resolve themselves the Disputed Items and disagreements as to the calculation of the Final Statement. If they are unable to do so within 30 days after Sellers receipt of Purchasers notice of
objection, then the Disputed Items will be submitted to Deloitte LLP, certified public accountants (the Accountants), for resolution. Each party will furnish to the Accountants such work papers and other documents and information
relating to the disputed issues as the Accountants may request and are available to that party (or its independent public accountants), and will be afforded the opportunity to present to the Accountants any material relating to the Disputed Items
and to



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discuss the issues with the Accountants. When determining the resolution of the Disputed Items, the Accountants shall
apply on a consistent basis the accounting principles applied by the Seller prior to the Closing with respect to the calculation of such Disputed Items on the non-consolidated financial statements of the Branch. The resolution of the Disputed Items
by the Accountants, as set forth in a notice delivered to Purchaser and Seller by the Accountants, will be conclusive and binding on the parties, however the Final Statement which incorporates the resolution of the Disputed Items by the Accountants
shall not result in a Final Settlement Payment or Final Purchase Premium which is more favorable to the Seller than that proposed on the draft Final Statement or more favorable to the Purchaser than that which would have resulted had all Disputed
Items been resolved as proposed by the Purchaser. Purchaser and Seller will each bear 50% of the Accountants fees and expenses for such resolution. Seller will revise the Final Statement to reflect the resolution of the issues in dispute, and
such Final Statement shall be used in calculating the Final Settlement Payment and Final Purchase Premium. Any inaccuracy in the Statement or Final Statement (other than willful misrepresentations by the Seller) prepared by the Seller hereunder
shall not be deemed a breach of this Agreement and the sole remedy of the Purchaser with respect to such inaccuracy shall be to an adjustment to the Final Settlement Payment and Final Purchase Premium pursuant to this Section.



(d) A supplemental closing will be held within four Business Days after the
Final Statement becomes final and binding pursuant to subsection (c) of this Section. At such supplemental closing, the responsible party will pay to the other such amount as may be due hereunder. The amount of any such payment made by one party to
the other after the Closing shall be made with interest thereon, at the then prevailing Federal Funds Rate, from the Closing Date to the date of such payment.



(e) All cash payments to be made hereunder by one party to the other shall be made by wire transfer on or before 11:00 A.M. on the date of payment. If
any payment to be made hereunder on the Closing Date shall not be made on or before 11:00 A.M. on such date, and the amount thereof shall have been agreed to in writing by the parties at the Closing Date, the party responsible therefor may make such
payment on or before 11:00 A.M. on the next Business Day together with interest thereon at the then prevailing Federal Funds Rate from the Closing Date to the date of such payment.



(f) If any instrument of transfer contemplated herein shall be recorded in any public record before the Closing and
thereafter the Closing is not completed, then at the request of the transferring party the other party will deliver (or execute and deliver) such instruments and take such other action as such transferring party shall reasonably request to revoke of
record such purported transfer.



10.3 Deliveries by
Seller. At the Closing, Seller will deliver to Purchaser:



(a) Possession of the Branch (subject to Section 7.4) and the Assets being transferred on such Closing Date;



(b) Such instruments of transfer as shall be necessary to vest in Purchaser good and marketable title, free and clear of all Encumbrances except as
described in Section 5.4, to or a valid leasehold interest in the Assets being transferred on the Closing Date and executed endorsements of notes without recourse and assignments of real property security instruments in recordable form; and



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(c) If applicable, a Settlement Payment.



10.4 Deliveries by Purchaser. At the Closing, Purchaser will deliver to Seller:



(a) Such instruments of assumption as to the Liabilities to be assumed by
Purchaser at the Closing as shall be necessary to effect the assumption by Purchaser of such Liabilities in accordance with the terms hereof; and



(b) If applicable, a Settlement Payment.



10.5 Filing. On or prior to the Closing Date, Seller shall prepare at Sellers expense, any and all documents (including, without limitation,
deeds and mortgage recordations) necessary to transfer title to, the Deposit Related Loan and Other Loans, free and clear of all Encumbrances, as described in Section 5.4. Prior to the Closing Date, Seller will cooperate with Purchaser in assisting
Purchaser to obtain (at Purchasers expense) policies of title insurance with respect to any such real property or interests therein if Purchaser shall determine to obtain such insurance. On or after the Closing Date, Purchaser shall file or
record or cause to be filed or recorded, at Purchasers expense any and all documents (including, without limitation, deeds and mortgage recordations) necessary to transfer title to, the Deposit Related Loans and Other Loans.



ARTICLE 11

TERMINATION



11.1 Termination. This Agreement may be terminated at any time prior to the Closing Date:



(a) By the mutual consent of Purchaser and Seller;



(b) By Seller or Purchaser, in the event of a material breach by the other of any representation, warranty or agreement contained herein which is not
cured or cannot be cured within 30 days after notice of such termination has been delivered to the breaching party;



(c) By Seller or Purchaser, in the event that the Closing has not occurred by 11:59 P.M., Pacific Time, April 30, 2004, unless the failure to so
consummate by such time is due to a breach of this Agreement by the party seeking to terminate;



(d) By Seller or Purchaser at any time after the denial or revocation of any Regulatory Approval or by Purchaser if any such approval has been obtained
which contains an Unacceptable Condition;



(e) By Seller if, at
any time prior to the Closing Date, (i) the applicable governmental and regulatory authorities whose consents, approvals and authorizations are required in order for Purchaser to consummate the transactions contemplated hereby shall have advised
that such authorities will not grant such consents, approvals and authorizations or will grant the same only subject to an Unacceptable Condition (unless Purchaser shall have waived the condition provided for in the proviso to Section 9.1(a)); (ii)
where there shall be in effect any Order against Purchaser; (iii) if there shall exist any proceeding which, in Sellers judgment, reasonably exercised, could result in an Order against Seller; (iv) Purchaser shall have failed to perform each
of the covenants and agreements of Purchaser to be performed by Purchaser on or prior to the Closing Date as



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contemplated by this Agreement; or (v) the representations and warranties of Purchaser contained in this Agreement shall
not be true in all material respects when made; provided that Purchaser shall have 15 days following receipt of notice from Seller of any of the foregoing to cure any such matter or to provide assurances reasonably acceptable to Seller that
such matter will be remedied by the Closing Date.



(f) By
Purchaser if, at any time prior to the Closing Date, (i) the applicable governmental and regulatory authorities whose consents, approvals and authorizations are required in order for Purchaser to consummate the transactions contemplated hereby shall
have advised that such authorities will not grant such consents, approvals and authorizations or will grant the same only subject to an Unacceptable Condition; (ii) Seller shall have failed to perform each of the covenants and agreements of Seller
to be performed by Seller on or prior to the Closing Date as contemplated by this Agreement; or (iii) the representations and warranties of Seller contained in this Agreement shall not be true in all material respects when made; provided that
Seller shall have 15 days following receipt of notice from Purchaser of any of the foregoing to cure any such matter or to provide assurances reasonably acceptable to Purchaser that such matter will be remedied by the Closing Date.



11.2 Effect of Termination. In the event of termination of this
Agreement and abandonment of the transactions contemplated hereby pursuant to Section 11.1, no party hereto (or any of its directors, officers, employees, agents or Affiliates) shall have any liability or further obligation to any other party,
except as provided in Section 7.2 and except that nothing herein will relieve any party from liability for any breach of this Agreement.



ARTICLE 12

INDEMNIFICATION



12.1 Indemnification. (a) Seller shall indemnify Purchaser and hold
Purchaser harmless from and against any and all Losses which Purchaser may suffer, incur or sustain arising out of or attributable to (i) any material breach of any agreement to be performed by Seller pursuant to this Agreement, (ii) any claim,
penalty asserted, legal action or administrative proceeding based upon any action taken or omitted to be taken by Seller or resulting from any transaction or event occurring prior to the Closing, relating in any such case to the operation of the
Branch, the Assets, the Assumed Deposits, the Assumed Contracts or Employees or participants or their beneficiaries in any of the Plans listed in Schedule 5.7, (iii) any liability, obligation or duty of Seller, that are not Liabilities or (iv) any
liability, obligation or duty of Seller, relating to the operation of the businesses of Seller that are not being transferred at the Closing.



(b) Purchaser shall indemnify Seller and hold it harmless from and against any and all Losses which Seller may suffer, incur or sustain arising out of (i)
any misrepresentation or breach of any representation or warranty made by Purchaser in or pursuant to this Agreement, (ii) any breach of any agreement to be performed by Purchaser pursuant to this Agreement, (iii) any claim, penalty asserted, legal
action or administrative proceeding based upon any action taken or omitted to be taken by Purchaser or resulting from any transaction or event occurring after the Closing, relating in any such case to the operation of the Branch, the Assets, the
Assumed Deposits, the Assumed Contracts or Purchasers dealings with (including the refusal to hire or termination of) Employees or (iv) any of the Liabilities assumed by Purchaser at the Closing.



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(c) To exercise its indemnification rights under this Section 12.1 as the result of the assertion against
it of any claim or potential liability for which indemnification is provided, the indemnified party shall promptly notify the indemnifying party of the assertion of such claim, discovery of any such potential liability or the commencement of any
action or proceeding in respect of which indemnity may be sought hereunder (including, with respect to claims arising from a breach of representation or warranty made in Article 8, the commencement of an audit, administrative investigation or
judicial proceeding by any governmental authority), provided, however, that notice of original claim for indemnification under paragraph (a) or (b) of this Section 12.1 shall have been given prior to the expiration of one year from the
Closing Date. The indemnified party shall advise the indemnifying party of all facts relating to such assertion within the knowledge of the indemnified party, and shall afford the indemnifying party the opportunity, at the indemnifying partys
sole cost and expense, to defend against such claims for liability. In any such action or proceeding the indemnified party shall have the right to retain its own counsel, but the fees and expenses of such counsel shall be at its own expense unless
(i) the indemnifying party and the indemnified party mutually agree to the retention of such counsel or (ii) the named parties to any such suit, action, or proceeding (including any impleaded parties) include both the indemnifying party and the
indemnified party, and in the reasonable judgment of the indemnified party, representation of the indemnifying party and the indemnified party by the same counsel would be inadvisable due to actual or potential differing or conflicts of interests
between them.



(d) The indemnified party shall have the right
to settle or compromise any claim or liability subject to indemnification under this Section, and to be indemnified from and against all Losses resulting therefrom, unless the indemnifying party, within 90 calendar days after receiving written
notice of the claim or liability in accordance with Section 12.1(c) above, notifies the indemnified party that it intends to defend against such claim or liability and undertakes such defense, or, if required in a shorter time than 90 calendar days,
the indemnifying party makes the requisite response to such claim or liability asserted.



(e) Notwithstanding any other provision hereof, an indemnifying party shall not be liable under this Section 12.1 for any Losses sustained by the indemnified party unless and until the aggregate amount of all such
Losses sustained by the indemnified party shall exceed $50,000, in which event the indemnifying party shall be liable for all Losses in excess of $50,000. An indemnifying party shall not be liable under this Section 12.1 for any settlement effected,
without its consent, of any claim or liability or proceeding for which indemnity may be sought hereunder except in the case of a settlement in an amount which does not exceed $5,000. The maximum liability of the Seller under indemnification claims
pursuant to this Article 12 shall be limited to the consideration paid by the Purchaser to the Seller for the Assets acquired pursuant to this Agreement.



(f) No amount for which there has been an adjustment to the Settlement Agreement pursuant to Section 10.2(c) shall be deemed an indemnifyable Loss
hereunder and to the extent any party is due an indemnity hereunder with respect to a Loss for which there has been a prior adjustment to the Final Settlement Amount or Final Purchase Premium pursuant to Section 10.2(c) such Loss shall be reduced by
the amount of such adjustment.



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(g) Notwithstanding anything to the contrary set forth herein, the Purchasers exclusive remedy with
respect to any breach of a representation, warranty or other covenant of the Seller which the Purchaser has Knowledge of prior to the Closing shall be to terminate this Agreement pursuant to Section 11.1(b) and the Purchaser shall not be entitled
indemnity from the Seller with respect to, and the Seller shall not otherwise be liable for, any matter of which Purchaser had Knowledge at or prior to the Closing.



ARTICLE 13



MISCELLANEOUS



13.1 Survival. The parties respective representations and warranties contained in this Agreement shall survive until the first anniversary of the
Closing and thereafter neither party may claim any damage for breach thereof.



13.2 Assignment. Neither this Agreement nor any of the rights, interests or obligations of either party hereunder may be assigned by either of the parties hereto without the prior written consent of the other
party.



13.3 Binding Effect. This Agreement and all of
the provisions hereof shall be binding upon and inure to the benefit of the parties hereto and their respective successors and permitted assigns.



13.4 Public Notice. Prior to the Closing Date, neither Purchaser nor Seller shall directly or indirectly, make, or cause to be made, any press
release for general circulation, public announcement or disclosure or issue any notice or general communication to employees with respect to any of the transactions contemplated hereby without the prior written consent of the other party, which
consent shall not be unreasonably withheld. Purchaser agrees that, without Sellers prior written consent, it shall not release or disclose any of the terms or conditions of the transactions contemplated herein to any other person.
Notwithstanding the foregoing, each party may make such public disclosure as may be required by law or necessary to obtain the Regulatory Approvals.



13.5 Notices. All notices, requests, demands, consents and other communications given or required to be given under this Agreement and under the
related documents shall be in writing (as provided below) and delivered to the applicable party at the address indicated below:



|              |  |                                         
|------------- |  | ----------------------------------------
|If to Seller: |  | Korea Exchange Bank                     
|              |  | Regional Headquarters for the Americas  
|              |  | 460 Park Avenue                         
|              |  | New York, New York 10022                
|              | 
|              |  | Attention: Jong Hyon Kim, Deputy General
|              |  | Manager                                 
|              |  | (212) 350-7466                          
|              |  | (212) 752-3964 (facsimile)              





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|                 |  |                                           
|---------------- |  | ------------------------------------------
|With a copy to:  |  | Korea Exchange Bank, Chicago Branch       
|                 |  | 181 W. Madison Street, Suite 2100         
|                 |  | Chicago, Illinois 60062                   
|                 | 
|                 |  | Attention: Taik Hyun Yoon, General Manager
|                 | 
|                 |  | (312 ) 279-2526                           
|                 |  | (312 ) 372-7839 (facsimile)               
|                 | 
|With a copy to:  |  | Baker & McKenzie                          
|                 |  | 130 East Randolph                         
|                 |  | Suite 3500                                
|                 |  | Chicago, Illinois 60601                   
|                 | 
|                 |  | Attention: Nam Hung Paik                  
|                 |  | (312) 861-3076                            
|                 |  | (312) 861-2899 (facsimile)                
|                 | 
|If to Purchaser: |  | Center Bank                               
|                 |  | 3435 Wilshire Boulevard, Suite 700        
|                 |  | Los Angeles, CA 90010                     
|                 |  | Attention: Seon Hong Kim, President       
|                 |  | (213) 251-2201                            
|                 |  | (213) 201-3699 (facsimile)                
|                 | 
|With a copy to:  |  | Gary Findley & Associates                 
|                 |  | 1470 N. Hundley Street                    
|                 |  | Anaheim, CA 92806                         
|                 |  | Attention: Gary S. Findley, Esq.          
|                 |  | (714) 630-7136                            
|                 |  | (714) 630-7910 (facsimile)                



or, as to each party at such other
address as shall be designated by such party in a written notice to the other party complying as to delivery with the terms of this Section. Any notices shall be in writing, including facsimile communication, and may be sent by registered or
certified mail, return receipt requested, postage prepaid, or by facsimile, or by overnight delivery service. Notice shall be effective upon actual receipt thereof.



13.6 Incorporation. All Exhibits and Schedules attached hereto and to which reference is made herein are incorporated
by reference as if fully set forth herein.



13.7 Governing
Law. This Agreement shall be governed by and interpreted in accordance with the laws of the State of Illinois (excluding its choice of law rules).



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13.8 Entire Agreement. This Agreement contains the entire understanding of and all agreements
between the parties hereto with respect to the subject matter hereof and supersedes any prior or contemporaneous agreement or understanding, oral or written, pertaining to any such matters which agreements or understandings shall be of no force or
effect for any purpose; provided, however, that the terms to the Confidentiality Agreement between the parties hereto previously entered into, shall continue to apply. This Agreement may not be amended or supplemented in any manner except by
mutual agreement of the parties and as set forth in a writing signed by the parties hereto or their respective successors in interest.



13.9 Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.



13.10
Headings. The headings used in this Agreement are inserted for purposes of convenience of reference only and shall not limit or define the meaning of any provisions of this Agreement.



13.11 Waiver. The waiver of any breach of any provision under this
Agreement by any party shall not be deemed to be a waiver of any preceding or subsequent breach under this Agreement. No such waiver shall be effective unless in writing.



13.12 Expenses. Unless specifically provided otherwise in this Agreement, each party shall bear and pay all costs and
expenses which it incurs, or which may be incurred on its behalf in connection with the preparation of this Agreement and consummation of the transactions described herein, and the expenses, fees, and costs necessary for any approvals of the
appropriate regulatory authorities.



13.13 Arbitration.



(a) Any controversy or claim between Purchaser and Seller
arising out of or relating to this Agreement or any agreements or instruments relating hereto or delivered in connection herewith, including, but not limited to a claim based on or arising from an alleged tort, will, at the request of any party be
determined by arbitration. The arbitration shall be conducted in accordance with the United States Arbitration Act (Title 9, U.S. Code), notwithstanding any choice of law provision in this Agreement, and under the Commercial Rules of the American
Arbitration Association. The arbitrator(s) shall give effect to statutes of limitation in determining any claim. Any controversy concerning whether an issue is arbitrable shall be determined by the arbitrator(s). The award rendered by the
arbitrator(s) shall set forth findings of the facts and conclusions of law and shall be final, and the judgment may be entered in any court having jurisdiction thereof. A failure by the arbitrator(s) to make findings of fact and conclusions of law
shall be grounds for overturning the award. The institution and maintenance of an action for judicial relief or pursuit of a provisional or ancillary remedy shall not constitute a waiver of the right of any party, including the plaintiff, to submit
the controversy or claim to arbitration if any other party contests such action for judicial relief. The Arbitration shall be held in Chicago, Illinois.



(b) In any arbitration proceeding, the arbitrator(s) is (are) authorized to apportion costs and expenses, including investigation, legal and other
expense, which will include, if applicable, a reasonable estimate of allocated costs and expense or in-house legal counsel and legal staff. Such costs and expenses are to be awarded only after the conclusion of the arbitration and will not be
advanced during the course of such arbitration.



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13.14 Computation of Interest. All computation of interest in respect of payments required
hereunder shall be made on the basis of a year of 365 days for the actual number of days (including the first day, but excluding the last day) occurring in the period for which such interest is payable.



13.15 Third Party Beneficiaries. Except as expressly provided in this
Agreement, the parties hereto intend that this Agreement shall not benefit or create any right or cause of action in or on behalf of any person other than the parties hereto.



13.16 Severability. If any provision of this Agreement, as applied to any party or circumstance, shall be adjudged by
a court of competent jurisdiction to be void, invalid or unenforceable the same shall in no way effect any other provision of this Agreement, the application of any such provision and any other circumstances or the validity or enforceability of the
other provisions of this Agreement.



IN WITNESS WHEREOF,
the parties hereto have caused this Agreement to be executed by their duly authorized officers as of the date first above written.



KOREA EXCHANGE BANKBy

\s\ Oh Kyung KwonIts

Regional Director for the Americas KEBCENTER BANKBy

\s\ Seong Hong KimIts

President & Chief Financial Officer




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EXHIBIT 1



STATEMENT AND FINAL STATEMENT - PREPARATION PROCEDURES



The Statement and Final Statement will be prepared from the books and records of Seller and will fairly present the Assets to be purchased and the
Liabilities to be assumed by Purchaser as of the Closing Date. A sample form follows.



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SAMPLE STATEMENT AND FINAL STATEMENT FORMAT



|                                              |  |   | 
|--------------------------------------------- |  | - | 
|Assets                                        |  |   | 
|                                              | 
|Cash and Cash Equivalents                     |  |   | 
|Cash on hand                                  |  | $ | 
|                                              | 
|Loans                                         |  |   | 
|Deposit. Related Loans                        |  |   | 
|Other Loans                                   |  |   | 
|Total Loans                                   |  | $ | 
|                                              | 
|Accrued interest receivable on all Loans      |  |   | 
|                                              | 
|Furniture, Fixtures and Equipment             |  | $ | 
|                                              | 
|Purchase Premium                              |  | $ | 
|Core Deposits Premium                         |  |   | 
|Hyundai Deposits Premium                      |  |   | 
|Total Purchase Premium                        |  |   | 
|                                              | 
|Prepaid Expenses                              |  | $ | 
|                                              | 
|FDIC Deposit Insurance Premium Credit         |  | $ | 
|                                              | 
|Federal Reserve Deposits $                    |  |   | 
|                                              | 
|Investment Securities                         |  | $ | 
|                                              | 
|INITIAL BASE AMOUNT                           |  |   | 
|                                              | 
|Liabilities                                   |  | $ | 
|                                              | 
|Assumed Deposits                              |  |   | 
|Non-interest bearing Demand Deposits          |  |   | 
|Interest bearing Transaction and NOW accounts |  |   | 
|Money Market Accounts                         |  |   | 
|Savings Accounts                              |  |   | 
|Certificates of Deposit                       |  |   | 
|Total Deposits                                |  | $ | 
|                                              | 
|Accrued Expenses                              |  | $ | 
|                                              | 
|TOTAL LIABILITIES                             |  | $ | 
|                                              | 
|Balance to be paid by Seller to Purchaser     |  | $ | 



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