**EXHIBIT 10.30**

 

**EXECUTIVE SALARY CONTINUATION AGREEMENT**

 

This Agreement is made and entered into this 1st day of December, 2001, by and between Redlands Centennial Bank, a California state banking corporation (the “Employer”), and Anne Elizabeth Sanders, an individual residing in the State ofCalifornia (hereinafter referred to as the “Executive”). 

 

**RECITALS**

 

WHEREAS, the Executive is an employee of theEmployer and is serving as its Executive Vice President and Chief Financial Officer; 

 

WHEREAS, the Executive’s experience and knowledge of the affairs of the Employer and the banking industry are extensive and valuable; 

 

WHEREAS, it is deemed to be in the best interests of the Employer to provide the Executive with certain salary continuation benefits, on the terms and conditions setforth herein, in order to reasonably induce the Executive to remain in the Employer’s employment; and 

 

WHEREAS, the Executive and the Employer wish to specify in writing the terms and conditions upon which this additional compensatory incentive will be provided to the Executive, or to the Executive’s spouse or theExecutive’s designated beneficiaries, as the case may be; 

 

NOW,THEREFORE, in consideration of the services to be performed in the future, as well as the mutual promises and covenants contained herein, the Executive and the Employer agree as follows: 

 

**AGREEMENT**

 

**1. Terms and Definitions.**

 

**1.1. Administrator.** The Employer shall be the “Administrator” and, solely for the purposes of ERISA, the “fiduciary” ofthis Agreement where a fiduciary is required by ERISA. 

 

**1.2.Annual Benefit.** The term “Annual Benefit” shall mean an annual sum of Seventy-five thousand dollars ($75,000), increased by 3% on the anniversary of the date of this Agreement until the date of the first payment hereunder,multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over theEmployer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI). 

**1.3. Applicable Percentage.** The term “Applicable Percentage” shall mean thatpercentage listed on Schedule “A” attached hereto which is adjacent to the number of complete years (with a “year” being the performance of personal services for or on behalf of the Employer as an employee for a period of 365days) which have elapsed starting from the Effective Date of this Agreement and ending on the date the Executive’s employment is terminated for purposes of this Agreement. In the event the Executive’s employment with the Employer isterminated other than by reason of death, termination for cause or Retirement on the part of the Executive, the Executive shall be deemed for purposes of determining the number of complete years to have completed a year of service in its entiretyfor any partial year of service after the last anniversary date of the Effective Date during which the Executive’s employment is terminated, provided that in no event shall the Executive be deemed to have completed a year of service for thepartial year that occurs prior to the first anniversary date of this Agreement. 

 

**1.4. Beneficiary.** The term “beneficiary” or “designated beneficiary” shall mean the person or persons whom the Executive shall designate in a valid Beneficiary Designation, a copy ofwhich is attached hereto as Exhibit “B”, to receive the benefits provided hereunder. A Beneficiary Designation shall be valid only if it is in the form attached hereto and made a part hereof and is received by the Administrator prior tothe Executive’s death. 

 

**1.5. The Code.** The“Code” shall mean the Internal Revenue Code of 1986, as amended (the “Code”). 

 

**1.6. Effective Date.** The term “Effective Date” shall mean the date upon which this Agreement was entered into by the parties, asfirst written above. 

 

**1.7. ERISA.** The term“ERISA” shall mean the Employee Retirement Income Security Act of 1974, as amended. 

 

**1.8. Plan Year.** The term “Plan Year” shall mean the Employer’s calendar year. 

 

**1.9. Retirement.** The term “Retirement” or “Retires” shall refer to the date on which the Executive attains the age of atleast sixty-five (65) and acknowledges in writing to the Employer to be the last day she will provide any significant personal services, whether as an employee, director or independent consultant or contractor, to the Employer. For purposes of thisAgreement, the phrase “significant personal services” shall mean more than ten (10) hours of personal services rendered to one or more individuals or entities in any thirty (30) day period. 

 

**1.10 Sale of Business.** The term “Sale of Business”shall mean any (i) merger, consolidation or reorganization of the Employer in which (A) the Employer does not survive or (B) the Employer survives with a resulting change in beneficial ownership of the Employer of more than 50% of the voting sharesof the Employer, (ii) sale of more than 50% of the beneficial ownership of the voting shares of the Employer to any person or group of persons acting in concert, or (iii) transfer or sale of more than 50% of the total market value of the assets ofthe Employer as reflected in the most recent published balance sheet of the Employer. 

 

**1.11. Surviving Spouse.** The term “Surviving Spouse” shall mean the person, if any, who shall be legally married to the Executive on the date of the Executive’s death. 

 

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**1.12. Termination for Cause.** The term “Termination for Cause” shall mean thetermination of the Executive by the Employer upon the occurrence of any of the following events: 

 

(i) the Executive is convicted of illegal activity by a court of competent jurisdiction or pleads guilty to or nolo contendere to illegal activity, whichactivity materially adversely affects the Employer’s reputation in the community or which evidences the lack of the Executive’s fitness or ability to perform the Executive’s duty as determined by the Board of Directors in good faith;

 

(ii) the Executive has committed any illegal or dishonest actwhich would cause termination of coverage under the Employer’s Bankers’ Blanket Bond as to the Executive, as distinguished from termination of coverage as to the Employer as a whole; 

 

(iii) the Executive materially fails to perform, or habitually neglects, theExecutive’s duties or commits a material act of malfeasance or misfeasance in connection therewith; or 

 

(iv) an action is commenced by any bank regulatory agency having jurisdiction, to remove or suspend the Executive from office, or a cease and desist orderunder 12 U.S.C. 1818(b) or any similar Federal or state statute is issued against the Executive or the Employer which calls for the Executive’s suspension or removal from office. 

 

**2. Scope, Purpose and Effect.**

 

**2.1. Contract of Employment.** Although this Agreement is intended to provide the Executive with an additional incentive to remain in theemploy of the Employer, this Agreement shall not be deemed to constitute a contract of employment between the Executive and the Employer nor shall any provision of this Agreement restrict or expand the right of the Employer to terminate theExecutive’s employment. This Agreement shall have no impact or effect upon any separate written employment agreement which the Executive may have with the Employer, it being the parties’ intention and agreement that unless this Agreementis specifically referenced in said employment agreement (or any modification thereto), this Agreement (and the Employer’s obligations hereunder) shall stand separate and apart and shall have no effect upon, nor be affected by, the terms andprovisions of said employment agreement. 

 

**2.2. FringeBenefit.** The benefits provided by this Agreement are granted by the Employer as a fringe benefit to the Executive and are not a part of any salary reduction plan or any arrangement deferring a bonus or a salary increase. The Executive has nooption to take any current payments or bonus in lieu of the benefits provided by this Agreement. 

 

**3. Payments Upon or After Retirement.**

 

**3.1. Payments Upon Retirement.** If the Executive shall remain in the continuous employment of the Employer until Retirement, the Executive shall be entitled to be paid the Annual Benefit, with theApplicable Percent equal to 100% for a period of fifteen (15) years, in one hundred eighty (180) equal monthly installments, with each installment to be paid on the first day of each month, beginning with the month following the month in which theExecutive Retires or upon such later date as may be mutually agreed upon in writing by the Executive and the Employer in advance of said Retirement Date. 

 

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**3.2. Payments in the Event of Death After Retirement.** The Employer agrees that if theExecutive Retires, but shall die before receiving all of the one hundred eighty (180) monthly payments described in paragraph 3.1 above, the Employer will make the remaining monthly payments, undiminished and on the same schedule as if the Executivehad not died, to the Executive’s designated beneficiary. If a valid Beneficiary Designation is not in effect, then the remaining amounts due to the Executive under the term of this Agreement shall be paid to the Executive’s SurvivingSpouse. If the Executive leaves no Surviving Spouse, the remaining amounts due to the Executive under the terms of this Agreement shall be paid to the duly qualified personal representative, executor or administrator of the Executive’s estate.

 

**4. Payments in the Event of Death Prior toRetirement.** In the event the Executive should die while actively employed by the Employer at any time after the Effective Date of this Agreement, but prior to Retirement, the Employer agrees to pay the Annual Benefit with the ApplicablePercentage equal to 100% for a period of fifteen (15) years in one hundred eighty (180) equal monthly installments, with each installment to be paid on the first of each month beginning with the month following the Executive’s death, to theExecutive’s designated beneficiary. If a valid Beneficiary Designation is not in effect, then the amounts due to the Executive under the terms of this Agreement shall be paid to the Executive’s Surviving Spouse. If the Executive leaves noSurviving Spouse, the amounts due to the Executive under the terms of this Agreement shall be paid to the duly qualified personal representative, executor or administrator of the Executive’s estate. 

 

**5. Payments in the Event Employment is Terminated Other than by Death, Termination forCause or Retirement.**

 

As indicated in Paragraph 2 above, the Employerreserves the right to terminate the Executive’s employment, with or without cause but subject to any written employment agreement which may then exist, at any time prior to the Executive’s Retirement. In the event that the employment ofthe Executive shall be terminated for any reason, including voluntary termination by the Executive, but other than by reason of (i) death, (ii) Termination for Cause, or (iii) Retirement, the Executive or her legal representative shall be entitledto be paid the Annual Benefit, with the Applicable Percentage as set forth in Schedule A and as determined by the applicable years of service at the time of termination of employment with the Employer, for a period of fifteen (15) years in onehundred eighty (180) equal monthly installments, with each installment to be paid on the first day of each month, beginning with the month following the month in which the Executive terminates employment and attains sixty-five (65) years of age,provided that in the event the Executive dies after such termination but prior to age 65 then such benefits are to be paid beginning with the month following the Executive’s death. 

 

**5.1 Termination in a Sale of Business.** In the event there is a Sale of Business, following which Executive isnot retained in the same or comparable position, the Executive shall be entitled to be paid in cash in a lump sum on the date of the consummation of the Sale of Business, the present value of the aggregate amount of: the Annual Benefit as if it wereto be paid beginning at Executive’s Retirement, with the Applicable Percentage being 100%, being paid for a period of fifteen (15) years in one hundred eighty (180) monthly installments beginning on the first day of the month following theconsummation of the Sale of Business. The present value of the amount shall be determined using the long term monthly Applicable Federal Rate at the time of the consummation of the Sale of Business. 

 

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Notwithstanding the prior paragraph, no payment shall be made to Executive pursuant to this Agreement tothe extent that such payment when aggregated with all other payments considered for purposes of calculating a parachute payment results in an excess parachute payment as defined under Section 280G of the Code. 

 

If the Internal Revenue Service or any other tax authority makes any claim,demand or assessment in any form based directly or indirectly, in whole or in part, on the allegation that any payment under this Agreement and/or any other payment by Employer to or for the benefit of the Executive at any time constitutes a“parachute payment” under Section 280G of the Code or any similar or successor provision of federal or state law, Executive agrees that Employer, its successors and assigns shall have no obligation, whether for defense, indemnification,reimbursement or otherwise, with respect to such claim, demand or assessment. 

 

No benefit payments provided in this Paragraph 5.1 shall be made to Executive, Executive’s designated beneficiary, Surviving Spouse or Executive’s estate if the Executive is entitled to benefits provided byany other Paragraph of this Agreement. 

 

**6. Termination for Cause.**Notwithstanding anything to the contrary, in the event the termination of employment of the Executive is Termination for Cause as defined in Paragraph 1.13, the Executive shall not be entitled to any benefits pursuant to this agreement. 

 

**7. No Ownership Rights to the Employer’s Assets.**The Employer reservesthe right to determine, in its sole and absolute discretion, whether, to what extent and by what method, if any, to provide for the payment of the amounts which may be payable to the Executive, the Executive’s spouse or the Executive’sbeneficiaries under the terms of this Agreement (“Benefits”). The rights of the Executive or any beneficiary of the Executive under this Agreement shall be solely those of an unsecured creditor of the Employer. 

 

In the event that the Employer, in its sole and absolute discretion, elects to acquire aninsurance policy, an annuity or any other asset to recoup the costs or any portion thereof of the Benefits, then such insurance policy, annuity or other asset shall not be deemed to be held under any trust for the benefit of the Executive or herbeneficiaries or to be security for the performance of the obligations of the Employer under this Agreement, but shall be, and remain, a general unpledged, unrestricted asset of the Employer. The Executive and her beneficiaries shall have no rightswhatsoever with respect to, or any claim against, any such insurance policy, annuity or other asset. In connection with the Employer electing to acquire any such insurance policy or annuity, the Executive agrees to cooperate to facilitate suchacquisition, and pursuant thereto shall execute such documents and undergo such medical examinations or tests as the Employer may reasonably request. 

 

**8. Claims Procedure.**The Employer shall, but only to the extent necessary to comply with ERISA, be designated as the named fiduciary under this Agreementand shall have authority to control and manage the operation and administration of this Agreement. Consistent therewith, the Employer shall make all determinations as to the rights to benefits under this Agreement. Any decision by the Employerdenying a claim by the Executive, the Executive’s spouse, or the Executive’s beneficiary for benefits under this Agreement shall be stated in writing and delivered or mailed, via registered or certified mail, to the Executive, theExecutive’s spouse or the Executive’s beneficiary, as the case may be. Such decision shall set forth the specific reasons for the denial of a claim. In addition, the Employer shall provide the Executive, the Executive’s spouse or theExecutive’s beneficiary with a reasonable opportunity for a full and fair review of the decision denying such claim. 

 

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**9. Status of an Unsecured General Creditor.**Notwithstanding anything contained herein to the contrary: (i)neither the Executive, the Executive’s spouse nor the Executive’s beneficiary shall have any legal or equitable rights, interests or claims in or to any specific property or assets of the Employer; (ii) none of the Employer’s assetsshall be held in or under any trust for the benefit of the Executive, the Executive’s spouse or the Executive’s beneficiary or held in any way as security for the fulfillment of the obligations of the Employer under this Agreement; (iii)all of the Employer’s assets shall be and remain the general unpledged and unrestricted assets of the Employer; (iv) the Employer’s obligation under this Agreement shall be that of an unfunded and unsecured promise by the Employer to paymoney in the future; and (v) the Executive, the Executive’s spouse and the Executive’s beneficiary shall be unsecured general creditors with respect to any benefits which may be payable under the terms of this Agreement. 

 

**10. Covenant Not to Interfere.**The Executive agrees not to take any actionwhich prevents the Employer from collecting the proceeds of any life insurance policy which the Employer may happen to own at the time of the Executive’s death and of which the Employer is the designated beneficiary. 

 

**11. Miscellaneous.**

 

**11.1. Opportunity to Consult with Independent Counsel.** TheExecutive acknowledges that she has been afforded the opportunity to consult with independent counsel of her choosing regarding both the benefits granted to her under the terms of this Agreement and the terms and conditions which may affect theExecutive’s right to these benefits. The Executive further acknowledges that she has read, understands and consents to all of the terms and conditions of this Agreement, and that she enters into this Agreement with a full understanding of itsterms and conditions. 

 

**11.2. Arbitration ofDisputes.** All claims, disputes and other matters in question arising out of or relating to this Agreement or the breach or interpretation thereof, other than those matters which are to be determined by the Employer in its sole and absolutediscretion, shall be resolved by binding arbitration before a representative member, selected by the mutual agreement of the parties, of the Judicial Arbitration and Mediation Services, Inc. (“JAMS”), presently located at Los Angeles,California. In the event JAMS is unable or unwilling to conduct the arbitration provided for under the terms of this Paragraph, or has discontinued its business, the parties agree that a representative member, selected by the mutual agreement of theparties, of the American Arbitration Association (“AAA”), presently located at Los Angeles, California, shall conduct the binding arbitration referred to in this Paragraph. Notice of the demand for arbitration shall be filed in writingwith the other party to this Agreement and with JAMS (or AAA, if necessary). In no event shall the demand for arbitration be made after the date when institution of legal or equitable proceedings based on such claim, dispute or other matter inquestion would be barred by the applicable statute of limitations. The arbitration shall be subject to such rules of procedure used or established by JAMS, or if there are none, the rules of procedure used or established by AAA. Any award renderedby JAMS or AAA shall be final and binding upon the parties, and as applicable, their respective heirs, beneficiaries, legal representatives, agents, successors and assigns, and may be entered in any court having jurisdiction thereof. The obligationof the parties to arbitrate pursuant to this clause shall be 

 

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specifically enforceable in accordance with, and shall be conducted consistently with, the provisions of Title 9 of Part3 of the California Code of Civil Procedure. Any arbitration hereunder shall be conducted in Southern California, unless otherwise agreed to by the parties. 

 

**11.3. Attorneys’ Fees.** In the event of any arbitration or litigation concerning any controversy, claim or dispute between the partieshereto, arising out of or relating to this Agreement or the breach hereof, or the interpretation hereof, the prevailing party shall be entitled to recover from the losing party reasonable expenses, attorneys’ fees and costs incurred inconnection therewith or in the enforcement or collection of any judgment or award rendered therein. The “prevailing party” means the party determined by the arbitrator(s) or court, as the case may be, to have most nearly prevailed, even ifsuch party did not prevail in all matters, not necessarily the one in whose favor a judgment is rendered. 

 

**11.4. Notice.** Any notice required or permitted of either the Executive or the Employer under this Agreement shall be deemed to have beenduly given, if by personal delivery, upon the date received by the party or its authorized representative; if by facsimile, upon transmission to a telephone number previously provided by the party to whom the facsimile is transmitted as reflected inthe records of the party transmitting the facsimile and upon reasonable confirmation of such transmission; and if by mail, on the third day after mailing via U.S. first class mail, registered or certified, postage prepaid and return receiptrequested, and addressed to the party at the address given below for the receipt of notices, or such changed address as may be requested in writing by a party. 

 

**If to the Employer:**

 

**Redlands Centennial Bank**

**218 East State Street**

**Redlands, California 92373**

**Attention: Timothy P. Walbridge, President**

 

**If to the Executive:**

 

**Beth Sanders**

**1310 5th Avenue**

**Redlands, California 92374**

 

**11.5. Assignment.** Neither the Executive, the Executive’s spouse, nor any other beneficiary under this Agreement shall have any power orright to transfer, assign, hypothecate, modify or otherwise encumber any part or all of the amounts payable hereunder, nor, prior to payment in accordance with the terms of this Agreement, shall any portion of such amounts be: (i) subject to seizureby any creditor of any such beneficiary, by a proceeding at law or in equity, for the payment of any debts, judgments, alimony or separate maintenance obligations which may be owed by the Executive, the Executive’s spouse, or any designatedbeneficiary; or (ii) transferable by operation of law in the event of bankruptcy, insolvency or otherwise. Any such attempted assignment or transfer shall be void and shall terminate this Agreement, and the Employer shall thereupon have no furtherliability hereunder. 

 

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**11.6. Binding Effect/Merger or Reorganization**. This Agreement shall be binding upon andinure to the benefit of the Executive and the Employer and, as applicable, their respective heirs, beneficiaries, legal representatives, agents, successors and assigns. Accordingly, the Employer shall not merge or consolidate into or with anothercorporation, or reorganize or sell substantially all of its assets to another corporation, firm or person, unless and until such succeeding or continuing corporation, firm or person agrees to assume and discharge the obligations of the Employerunder this Agreement. Upon the occurrence of such event, the term “Employer” as used in this Agreement shall be deemed to refer to such surviving or successor firm, person, entity or corporation. 

 

**11.7. Nonwaiver.** The failure of either party to enforce at anytime or for any period of time any one or more of the terms or conditions of this Agreement shall not be a waiver of such term(s) or condition(s) or of that party’s right thereafter to enforce each and every term and condition of thisAgreement. 

 

**11.8. Partial Invalidity.** If anyterm, provision, covenant or condition of this Agreement is determined by an arbitrator or a court, as the case may be, to be invalid, void, or unenforceable, such determination shall not render any other term, provision, covenant or conditioninvalid, void or unenforceable, and the Agreement shall remain in full force and effect notwithstanding such partial invalidity. 

 

**11.9. Entire Agreement.** This Agreement supersedes any and all other agreements, either oral or in writing, between the parties with respectto the subject matter of this Agreement and contains all of the covenants and agreements between the parties with respect thereto. Each party to this Agreement acknowledges that no other representations, inducements, promises or agreements, oral orotherwise, have been made by any party, or anyone acting on behalf of any party, which are not set forth herein, and that no other agreement, statement or promise not contained in this Agreement shall be valid or binding on either party. 

 

**11.10. Modifications.** Any modification of this Agreementshall be effective only if it is in writing and signed by each party or such party’s authorized representative. 

 

**11.11. Paragraph Headings.** The paragraph headings used in this Agreement are included solely for the convenience of the parties and shallnot affect or be used in connection with the interpretation of this Agreement. 

 

**11.12. No Strict Construction.** The language used in this Agreement shall be deemed to be the language chosen by the parties hereto to express their mutual intent, and no rule of strict construction willbe applied against any person. 

 

**11.13. GoverningLaw.** The laws of the State of California, other than those laws denominated choice of law rules, and, where applicable, the rules and regulations of the Federal Deposit Insurance Corporation or any other regulatory agency or governmentalauthority having jurisdiction over the Employer, shall govern the validity, interpretation, construction and effect of this Agreement. 

 

**12. Right of the Employer to Pay a Lump Sum.** Unless expressly provided for herein, the Employer shall at its sole discretion have the rightto pay in a lump sum the then present value using a discount rate that is to be mutually agreed upon between the Employer and the Executive or the Executive’s beneficiary of all payments vested and due the Executive or the Executive’sbeneficiary pursuant to this Agreement. 

 

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IN WITNESS WHEREOF, the Employer and the Executive have executed this Agreement on the date first above-written in theCity of Redlands, San Bernardino County, California. 

 

**REDLANDS CENTENNIAL BANK**
 **BETH SANDERS**
**“Employer”**
 **“Executive”**
**/s/ Timothy Walbridge**
 
**/s/ Beth Sanders**

Timothy P. Walbridge, President
  

**SCHEDULE A**

 

**NUMBER OF COMPLETE**

**YEARS OFSERVICE**
  
**APPLICABLE**

**PERCENTAGE**

1
  10%
2
  20%
3
  30%
4
  40%
5
  50%
6
  60%
7
  70%
8
  80%
9
  90%
10 or more
  100%
 

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**SCHEDULE B**

 

**BENEFICIARY DESIGNATION**

 

**TO: The Administrator of Redlands Centennial Bank**

 

Pursuant to the provisions of my Executive Salary Continuation Agreement with Redlands Centennial Bank permitting the designation of abeneficiary or beneficiaries by a participant, I hereby designate the following persons and entities as primary and secondary beneficiaries of any benefit under said Agreement payable by reason of my death: 

 

**NOTE: To name a trust as beneficiary, please provide the name of the trusteeand the exact date of the trust agreement.**

 

**In the event theprimary beneficiary is not the spouse of the Executive, the spouse of the Executive will need to sign the Spousal Consent below and such signature must be notarized.**

 

**Primary Beneficiary:**

 

 
  Name Address Relationship
 

**Secondary (Contingent)Beneficiary:**

 
  Name Address Relationship
 

**THE RIGHT TO REVOKE OR CHANGE ANYBENEFICIARY DESIGNATION IS HEREBY RESERVED. ANY PRIOR DESIGNATION OF PRIMARY BENEFICIARIES AND SECONDARY BENEFICIARIES IS HEREBY REVOKED.**

 

The Administrator shall pay all sums payable under the Agreement by reason of my death to the Primary Beneficiary, if he or she survives me, and if no Primary Beneficiaryshall survive me, then to the Secondary Beneficiary, and if no named beneficiary survives me, then the Administrator shall pay all amounts in accordance with the terms of my Executive Salary Continuation Agreement. In the event that a namedbeneficiary survives me and dies prior to receiving the entire benefit payable under said Agreement then and in that event, the remaining unpaid benefit payable according to the terms of my Executive Salary Continuation Agreement shall be payable tothe personal representatives of the estate of said beneficiary who survived me but died prior to receiving the total benefit provided by my Executive Salary Continuation Agreement. 

 

**Beth Sanders**

**“Executive”**

 

Dated: December 1, 2001
 
/s/ Beth Sanders

 

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**CONSENT OF THE EXECUTIVE’S SPOUSE**

 

**TO THE ABOVE BENEFICIARY DESIGNATION:**

 

I,                        , being the spouse of Beth Sanders, after being afforded the opportunity to consult withindependent counsel of my choosing, do hereby acknowledge that I have read, agree and consent to the foregoing Beneficiary Designation which relates to the Executive Salary Continuation Agreement entered into by my spouse on                    , 2001. I understand that the above Beneficiary Designation adversely affects my community property interest in thebenefits provided for under the terms of the Executive Salary Continuation Agreement. I understand that I have been advised to consult with an attorney of my choice prior to executing this consent, so that such attorney can explain the effects ofthis consent. 

 

Dated:                    ,2001
                             , Spouse
 

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**CERTIFICATE OF ACKNOWLEDGMENT**

**OF NOTARY PUBLIC**

 

State of California
  )   ) ss.
County of             
  )
 

On                        , 2001, before me,                        , Notary 

Public, State of California, personally appeared                         

 
[    ]personally know to me - OR [    ]proved to me on the basis of satisfactory evidence 
 

to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorizedcapacity(ies), and that by his/her/their signatures(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. 

 

WITNESS my hand and official seal. 

 

Notary Public

State of California

 

(Seal) 

 

Capacity Claimed by Signer:

 
[    ]Individual(s) Signing for Oneself/Themselves 
 

Title or Type of Document:______________________________________________________________________ 

 

Date of Document:_______________________________________________________________________________ 

 

Number of Pages:___________________________________________________________________________

 

Signer(s) Other Than NamedAbove:_____________________________________________________________ 

 

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