This Settlement and Rclea~e Agreement ("Agree111ent") is made as of this l9th day of 

November, 2014, by, between, and among the followinp, undersigned parties: 

Federal Deposit lnsuran<x: Cnrpora6on as Receiver for Alliance Bank ("FDIC-R"), 

Pamela Petre Rcis as Trustee of the Reis Family T:-;.lst dated April 24, 1995, substituted in place 

of defendant Curtis Rcis, who died during the pendency of the D&O A'ction (as defined below), 

Ct;rtis Reis, Daniel Jackson, Michael Abrams, Robert Botlmer, D. Gregory Scott, and Robe!i 

Thompson (collectively, "Settling Defendants"), and Fede:-al Insurance Company ("Insu:·er"). 

Indiv:duaJy, the f DfC-R, the Scttli::g Defendants, and Insurer may be referred to here:n as a 

"Party" and collectively as the "Parties." 

Rf<:CITALS 

Win~REJ\S: 

Prior to February 6, 2009, Allirtncc Ba:jk ("Bank,) was a depository institution organi7.cd 

ar.d cxistir:.g under the laws of the State of California. 

On February o, 2009, the Califorr:ia Depattm.ent ofFimmcial Institutions closed the Bank 

and, pl.irsuant to 12 U.S.C. § 1821 (c), the federa; Deposit Insurance Cmvuration was appointed 

Reeeiver. Tn accordance with I~ U.S.C. § I x21 (d), c FDIC-R succeeded to all rig:1ts, titles, 

power!' c>.nd privilege.~ of the Bank, including those with respect to its assets. 

Among the assets to which ~nc FI)JC-R succeeced were all of the Bank's cla:ms, 

demands: and causes of actions against i~s former directors, officers and empJoyees arising from 

the performance, nonperformance, and manner of rcrfonnancc of their respective ft:n~tions, 

duties and acts as directors, oHicers and employees of t.i;e B<mk. 

On December 21, 2012, the FDIC-R :i:ed r. Complaint for money damages against the 

Scttline Defendants, each of whom (except .Pamela P~trc Reis) served nt various tin-::es as a 

<Erector and/or officer of the Run.k, in tl~c Unit~cl States District Court for the Central District of 

?.90445.v1 
Cai:for:1i2. in Ji'!J!C as Receiver for A1iianee Bank v. Rei~·. eE a!., Case No. SI\CV -12-02212 JLS 

(ANx) (C.lJ. Cal.) ("D&O Action"). 

The Settling Defendants have <knicd, and continue to deny, liability in the D&O /\ction. 

Insurer is!'>ucd a dircelor and office:· liability polk.y with policy numbed 

period October I 7, ?.006 lo October i 7, 2001) ("Policy"), which insured the directors and of5cers 

of the B[!.nk according to the terms, provisions, anc conditions of the Policy. The Settling 

Dcfcnc!a:Jts asserted c laims lor coverage under tnc Policy. Insurer denied coverage under the 

PoLey. 

On :..lovcmhc.r ·;, ?.0 ll, the Settling Defcnda!11s fi:cd a complaint in the Superior Comt of 

the County cf Los 1\.neele.s aeai nst Insurer for hrcach of contract, breach of the covenant of good 

faitl: aud f~lir dealing, and declaratory rclicf:·clatcd. to Tnscrcr's denial of coverage for the cluirns 

as.scrlt:d by :he FJ)J(>R in the D&O AcLon. The Coverage Action was removed to tr.e l!nitcc: 

States L>:strict Court for the Central District of California, and is styled Reis, et a!., v. Federal 

Insurance Company, Case No. CV-·ll .. Q9R35 RSWL (MRWx) (C.D. Cal.) ("Coverage A:.tio:1"). 

Tns-.uer prevailed on ~ smnrnary judement ~:otion in the Coverage Action, and the Sctt:i.r.t; 

Defer.danrs appealed that ru ling to the t\'i:J.~h Circuit. 'fjat pcal is currently pending i)efo:·e the 

Nintr. Circ:lit, Case No. \3-)6342. 

The undersigned Parties deem it in ::.cir best interest~ to enter into this Agreement to 

Hv~ id the ~:ncert nly, trouble, and ex_:1ensc of Llrther litieation. 

':'!OW, TH~R.l..i:FOR , in considcrr.tion of the promises, undertakings, payments, and 

releases stated herein, the sutTlciency of which is be::rcby !cknowlcdge , the undersigned Parties 

'1gre:::, each wilh the other, as follows; 

SEC'l'IO~ J: I'uymcnt to FDIC-H. 

A. 1\.s an esscJOJ.li al covcnnnt am: co:1clition to this Agreement, in full sdt:cmcm of all 

claitn!l released herein, the Settling Defendants und :nsurcr agree to make payments to the FDICR as follows, such paymculs tota ling ·:·EN MILLION FIVE IIUNDHED AND FIFTY 

;·1 fOUSAND DOLLARS AND NO CENTS ($I 0,550,000.00) ('•Settlcmcnt Payment"): (1) 

2904t.5.v1 
In~ urcr shll ')<ty $5,000,000.00 ("It:sure:· Payn:c:1t"); and (2) tltc Settling Defendants ~r.all pay 

S5,550,COO.OO ("Sctt.li ng Dcfctdc.mts Payr:.1cnl"). Th:.: Parties understani.: and ngree that the 

Sctt:c~ncnt Paymet~~ Cflnst(tL:te.s :"ull rcst)lutinn of <~I! cia:n:s for r:cgJ: gcncL:, gross nc~ gerlcc and 

b:-cach of fiduciary ~luty against the Sc::tling Defer.dants asserted by t:le FDIC-R in the D&O 

Ac~ion . Within four!ee:1 e4) business (~ays of full an(i compl~tc execution of chis Agree~ent, 

tr.c Settling Defendants lihall make the Se:tling Ddet:dants Payment :o the FDIC-R. \J:./ithin five 

(5) bus: ness C.2.ys of ~he :finai bankruptcy cou:·t approval clcscribecl in sectio:1. I.D, below, Imnrer 

shaii n121ke H1e Insure!' P~.yment to tl:!:! F01C-R. 

B. The Se:!lcmcnt Paymer.t 10 he FDlC-R shail oe made by direct wi:e transfer intc 

an account de.signcttcd by tl:e fi'DlC-R oy notice to the attorneys for the SeWing Defendants and 

Insurer. The fDIC-R s:1.a ll provide all necessary payment instructions no later thar: five (5) 

in<.~SS days after full~.::xcc uto:l ofth~ i\p;reermmt. In tlw event that the s~ttl ent Payment is 

not delivered to the .::<DIC-R by the .Scttkmcnt Paym~nt Date: the Pa~·ty or Parties rcspcnsihle f()r 

the t;npaici por::io:1 of the Settler.1cnt Paymc.:-1t shaa be responsible ~·or interest. accruing on d l 

unpaid amoun~s at th~ rate of 5 percent per anr.ur-:-1 from :t:e Set~:c1::ec.t Paymen: Date until the 

cc>.tc ~he Scltlemc:-.: Payment is made to the FDIC-R. However, if tl:c Settlement Payment is r:ot 

dcliverec: ~o t::u FDlC-R by tl:e Settlem.cnt p,tyrncDL J)me as a resu~t of the FDJC-R's failure to 

execute this Agreer1:cnt, no in:erest shall accrue until five days after the FDTC-R executes the 

Agreeme:ll. 

C. If the FDIC-R does :-tot receive the Settlement Payment in full on or before the 

Set~lem r:t Payment Date, ~he11 tile. FDIC-R, in its sole discretion, upon \.Vritten notice to tl:e ocher 

Parties, s~u:Ji ~. ewe the righ: at any time prior to recclpt of :he Settlement P('.ym.ent in ! 

(ir.clt:cEng all r;ccr~Jecl :nterest) to take a:-:~y ofthc followicg actions against the Party or Parties 

re:sponsib:c for the :rlp ~dC. portion of the Sett!cmcnt Paymcn~: 

l. Extcnd the ~ri od of tirnc fo~· the Settlement Pay.::~;cnt, including interest 

ucc:-Jing [;·om the Sctt~cmt:nt Pay:-ncnt DfJe, through the date of payment at a rate calcul a~cd in 

accunlancc it~1 7.6 U.S.C. ~ 6(;2 : (a)(J); o:· 
?__ Enforce this 1\.g~ccm cn , ir. wl:k:h event the l\uty or Parties again:;t which 

such eJ:forcement action is brought agree to j1:risdktion in the United Stntc.c; District Court for 

tl'! ~ Central Distri ct of California, and agree :o pay ail of the FDIC-R's reasonable attorr..ey's fc.c.s 

and costs expended in enforcing the tc: n~s o:'tb:!; Agreement; or 

3. Tenn inatc the A.greement as to any non-paying Settling Defendant, rr:ove 

to vacate any dismissal order, to which the Settli:'J.g Defe:tdants agree to consent, and ~·einstitL:te 

!he D&O Action, The Settling Defendm:ts agree to waive any defense based on any statute of 

lim:tations that would bar any of the FDIC·R's claims, m:d waive all objections, defenses, claims 

or GOUnterclaims, and covenant anc agree not to ?.sscrt r.ny objections, defenses, clain;s or 

cot::tten..:la:ms that did not exist or were otherwise ·.mavailab.le us of the date th is Agreement was 

fully executed; andior 

4. Seck auy other re:ief nvailnbk to it in law or equity. 

A1:y extension of lime under Section I.C.l Cor dc!ivery of the Settlement Payment or 

acccptam.:e of a portion of the Scttlem c~11 Paymc.nt :;hctll not prejuJice the FDIC-R's rights to take 

any of the actions set forth in Section I. C.2 ~hrouuh J. C.4 at any time prior to receipt of the 

Settlement Payment (including all accrued nt ·~s:) in full. 

D. As an f.ssential covcmn~ and conrlit.ion of this /\grccrnent, the Parties shal~ seek 

from :he Bankruptcy Court in the proccccEngs captioned l11 re Alliance Brmcshares Corporation 

Calffornia, United States .Bankruptcy Court, Central District of California, Ca.'le No. 2:09-bk28037 ("Bm:kruptcy Proceeding"), '.he entry of a fir.a! Bankruptcy Court order granting relief from 

the aaiomai!c·stay pursuant to 11 U.S.C. § 362, to the extent it is applicable, authorizing Federal to 

md<e the Insurer Payment pursuant to this grec~en , and granting such further relief as may be 

ncccs:;ary and appropriate to effectuate tl~e purposes of this Agreement. The Parties shall ag~ee :o 

.:]c a Stipulc.tion seeking relief from 6c barL~a·u?tcy stay :n the form attached hereto as Exhibit A. 

Subjc::;t ~o Sections J.D., I.E. and the :·eJcgse of certo:n inde:1:nification claims to the extent set forth 

i:1 Ul.3.2, aothing in this 1\.grccmcnt s!Jaa otherwise a:·;(.;(;t :he substantive or economic rights the 

ar i~,;s hav::: or may have in the f'utun; in !Lc Ban:<n1p:cy Pru~.:ccJing. 

/, 
F No Sellling Ddcndant r:.1ay pursue <!I~Y claim in the Bankru ~y Procccdhg for 

.inde:ri:lificaciuu or recovery of c:ost;;, <lt:or:J:!ys' f~es, scttcments or other amounh incurred in 

corJ~e ~·.tion with the D&O Action and/or ·::w Cov~r<tge /\ctinn, to the extent such claims for 

indemnification or recovery would afford tl~c ·r:-·Jstcc i:1 ha:1~<r uptcy or any olhcr person or ~~~tily 

?.r.y :·ight to any payment or recovery under t:ic Policy. Sc~tling Defendants have existing 

i::dcrnr::fication claims in the B::mb·.1ptcy Proceeding. Settling Defendant~ and Insu:·er believe 

tb; Trustcl! has no right to coverage t•.ndcr the Policy with respect to such indernni:ficatior. 

claims, and that Settling Defendants' cxec·.1:ion of t.tis /\g:·ccment therefore docs not co:1stitute a 

breach under this Section I.E of this Ag:-eer.1ent, but are i~cludi ng this provision out of a!1 

ab·Jnda:1ce of caution in the event the Trustee co n~c:-1cls otherwise. Settling Defendants and 

Insu:·cr ~·mthcr agree that, .in the event t~e Trnstc<.: asserts tht'.t such indcmnilkation claim(s) 

::ntitlc it to any payment or recovery under the Policy, st:ch assertion may be resolved as pan of 

:he claims adj udication process. If the Bunkruptcy Court determines as purl of the claims 

ad~ ·...1cli cation procc::::;s or any court of competent j urisd lction otherwise rules that such 

im:~mni:ication claim(.s) WOLild resdt ir. Insurer becoming ol1liga.ted undGr the Policy :o rnake 

any paymen~ to the Trustee or other person or er:tity, then the Party or Parties mak n~ such 

indemniftcation claim(s) slH:tll withdraw such inc:cmnification claim(s) in whole or in part, so ',!1at 

Fecler?.l's obligation to make .'luch paymct"t to the Trustee or other person or entity shall be 

clin:inated. Federal reserves the right to seek to intervene in any such proceeding, but does not 

by this Agreement consent to its joinder in such p:·oceeding, and reserves all objections and 

d:.::fcnses in t:1c event of such joinder. w:thou: limitation or. any other rights or remedies that 

1r:s!...uer may have for any breach of this ;m;:agre1ph, in the event that any such Party fails to 

withdraw st:ch indemnification claim as provided above wit:1!n sixty (60) days after w.·iHcn 

nol.~cc from Imurcr, then Tnsurer sl:all be irr.mec:atcly subrogated to, and have all rights to 

contt·o: t:lC prosccntion, settlement andhr a':xmconmcnt of: 'my such claim~ for indcm!;if:.catio:1 

or rcc<wc;·y to the full extent necessary te cJimi:-1;.;.tc m:y righl of payment or recovery um~~r the 

Poli(.;y. 
Sl<:CTTON U: Stipulation and Di.<anissal 

W:thin ten ( l 0) bnsincss days after r:.:ccipt of lbe Set dement Payment by the FDTC-R, 

plus ar,y accrued interest, tbe FDIC-R shar file a slipulajon of dismissal with prejudice> 

!;Xccutcd by the aUorneys tor all Parties h ereto, in the form attae>hed hereto ns Exhihit B, in the 

D&O Action. Within ten (tO) business days after :·::ccipt o:'t~1c ln.surcr Payment by the ·DIC -R, 

the Scttli1:g Dcl'cndants shall flle n stipuiation of dismissal "vith r~judice, executed by the 

~ttorneys for all Parties thereto, in t~e forrn at~achc<.! hereto as Exhibit: C, in the Ccwcmgc Action. 

Jn the D&O Action and the Coverage Action, each Party shall bear ils own fees and costs as 

those were originally incurred. 

SECTION III: Releases 

A. J]1e_FDJC-Ws Rel~?.?CS .. 

Except as provided in Section IJI.D bclmv, the FDIC-R, for itscll.' mid its succcsso!·s and 

as~iw:!i , hereby releases and discharges 

I. Upon receipt of the Settling Defcn~anls Payment iu full by lhc l'DIC-R, 

the Se tt.liq~ Defendants, Curtis t~is, anc! C1d!· respective :1eirs, executors, trustees, 

a<.h:1ini~trr.l0 rs, bene.ficiarics, reprcsentat:vcs, !:ilicccssors, and ~:~ss igns, from any and al! c.;lairns, 

demc.nds, obligations, damages, ar.tions, and c:n1scs of actir.n, direct m indirect, in law ::->r in 

equity, belonging to the FD.IC-R, that rnisc tiom or rel~lte 1.0, the performnnce, nonperformance, 

or ma:mer of performance of the Settiing Defendants' respective functions, duties and act on~?..:; 

oJ::"tcers, directors and/or employees oftho Bank, includir.g without limitation the causes of 

actior. allcecd in the D&O Action. 

2. Upon rcccip~ ~)f the Insurer Paymcr:t in itllJ by the .FDlC-R, .Insurer, its 

paxn:s, sabsidiarics, affiliates and reinsurers, a:1d their rcBpcctive employees, ofliccrs, directors, 

<-tgcn~s, representatives, successors a1~d ass!gr.s, (i·om <.~ny and all claims, demands, obligations, 

(~ama p;c.s, actions and causes of act: on, direct or !nciircct, in l<lW or in equity, that arise from or 

:·elate o :he Policy, the D&O Action, or the Cnveragc A\.: ~io:1. As part of this relea~c ~·1nc 

ln:; u:·er, the FDIC-R aerces that any intere.st it may hc,ve m;cler lhc Policy ~ l~ xtingu;silcd. 

() 

29C4L.5.v1 
3. Upon rccGipt oftl!C ScttLng Defer:dants Payment in full by the FD!C :~, 

~11 oth~r :ormcr directors, o meers, at~(! cmp:oyces o:' tr.e Bank (collectively, the "Covered 

Person~") alld their respective heirs, cxcc::to:·s, trus~c ~;.:, ~;dmini trato rs, beneficiaries, 

rcprcsc:-ttativcs, successors, and ass7gns, from ar~y and all claims, demands, obligations, damft~C<;, 

actions, and causes of action, direct or ~rect, in law or in equity, belonging to the FDIC-R, that 

ar~sc frcm or relate to, the pcrfonnance, nonperformaJ.cc, or manner of performance of the 

Covered i'cr.sons' respective functions, duties a:1d action~ as directors, officers and/or employees 

of t!1e Bank, including without limitation the crt uses of action alleged in the D&O Action. This 

release shaE be null and void as to a:1y ~verec: Person if sucl1 Covered Person asserts m;y claim 

aga:es~ the FD IC~R. 

D. The _S_cttling . .D.£Jcnda_nts' l~ ~tcasc~. 

The Settling Defendants, on bdtalf of :hemsclv ::: ~ indjvidually, and their respective heirs, 

exec 1tors, lntslccs, aJrninistrators, bGne:ficia:·ics, ft.gcr:ts, employees, representatives, ntto rr.eys, 

su,:cesso:·H d as::;i~ns, hcrchy release, dischargc, and covenant nollo sue: 

l. Effcctiv~ silPultancously with the releases gnmtcd in Section liT. A.!, 

above, the DI C~R and irs employees, officers, circcl0rs, re!Jrcsentativcs, attorneys, successors 

and assigns, from any and all claims, demands, ohligt;tions, damages, actions, and causes of 

ac1ion, direct or indirect, in law or in equity, that arise fron~ or relate to, the Bank or to the 

p~rforman ce, nonperformance, or n-:anner of performance of:he Settling Defendants' respec~ive 

fu:1c~:ons, duties and actions as officers and/or Erecto rs of the Bank, including witho:lt limitation 

tl:e causes of action alleged in the 0&0 Act:c:1. 

2. Em~ctive sin~ultane y wit!1 the releases granted in Section I:~.A. 2, 

above, Ins;.t·<.~r, its parents, sub.sjdiarics, af:'!l!atcs and reir:s·.1:·ers, and their respective heirs, 

executors, trustees, administrators, be:1c::ciarics, employees, officers, director~, agents, 

representatives, attorneys, successors and assigns, C.rom any and all claims, demands, o':>ligations, 

li~.:.bilili<.;~, a.llcgatioo.s, ama~es, act:oJ:s, and ;;a~tscs of aetion, direct or indirect, in Jaw or in 

equity, vested or contingent, known o.:· u:>kiJOWn, aris=ng or accruing at any time on, bdorc or 

7 

.29CI\45.v1 
I 

after tl:c execution of lhis Agreement (ineluding without limitation any and all daims or 

allcgat:or:s of cxtra ·contrnctual Jiabi!!ty, ':)<.~c. faith , uni'air claims handling practices or other acts 

or 0:11issi0ns in connection with po:icy undcrwrit::1g c:r :nve~>ti gating, handling, defend;;) ~ or 

scttli;)g claims), thai arise from or relate to the PoEcy, the D&O Action, and/or the Coverage 

Ac~ion, including without limitation ar.y costs, a~t racys' fees, settlements or other amounts 

incl:ncd in connection with the D&O Actio:1 ~~nd/or the Coverage Action and any interest 

tl:crco!'l, and any claims for indcmnif:cat~on or recovery of such amounts against any other 

pc:::·son or er.tity to the extent such clai:ns would entiJe such person or entity to any payment or 

recovery under the Policy. As part of this release, tbe Settling Defendants agree that any interest 

they may tavc under the Policy is extbg1Jis!Jcd. 

3. Effective sim.tlta:1cously with the releases granted in Section III.A.l, 

above, each other, and their respective b.::.irs, cxcc~ttors, tn:stees, administrators, beneficiaries, 

agents, representatives, attorneys, successors u:J n:>s:gns, from any and all claims, c!t.;n:ands, 

o~)ligations , !inbilitics, allegations, dat-:1ages, a~tions, ?.:1c! (:a:1scs of action, direct or indirect, in 

Jaw or in equity, vested or contingent, k:1owr: o:· unkr:own, arising or accruing at any time on, 

before or after the execution ofthis Agrcct'ncnt, tr.at a:·ise fro:n or relate to the Policy, tnc D&O 

Action, the Coverage Action, and/or tHs Agrccn:cm. 

C. h1011rcr's Heleases. 

lns1..~::cr, on behalf of itsel f~ and its succc~sors anc assigns, and on behalf of its parents, 

subsidiaries, aftiliates and reinsmcrs, and their respective heirs, executors, trustees, 

administm~ors, bencftcinries, agents, employees, representatives, attomcys, flffiliates, ~uccessors 

and assigns, hereby releases, discharges and cove:1ants not to sue: 

1. Effective simultaneousiy with ;be releases granted in Section lii.A.2, 

ebove, the FDlC-R and ils employees, o:]iccrs, directors, agents, representatives, attorneys, 

st:ccc.;;sors, and assigns, tlmn any ?.t:d all claims, ::emands, obligations, damages, actions, and 

c<uscs ofac~ ou, direct or indirect, in law or :n eq·Jily, thc:.t arise from or relate to the Policy, the 

D&O Actio:1, and/or the Coverage Action. 
?.. Effective sirnulta:Jec.n:sly with the releases granwcl in Section Hl.A.2, 

above, the Sell ling Defendants and their respective :,eirs, executors, trustees, administrators, 

bcncf\ciarics, agents, employees, rcprc ta~ivcs, a~t rncys, affiliates, successors and <' • .5signs, 

trom ~md br any and all claims, demands, ohligations, lic.bilitics, allegations, ctmnagcs, ac ior.~, 

and causes of action, direct or indirect, in law or in equity, vested or contingent, known or 

·unknown, arising Of accrui ng at any time or., betc'e or after the execution of this Agreement, that 

c:risc fro r.~ or relate to the Policy, the D&D 1\ctior., and/or the Coverage Action, including 

wd:ou: limitation any costs, attorneys' fees, settiements or o:hcr amounts incurred in connection 

with '.he D&O Action and/or the Coverage A::.tion and any interest thereon. 

D. Expxess ~cii_crvations frop1 Releases by fDIC-R. 

I. Notwithstanding y other ;1rovision, by this Agreement, the fDIC-R does 

not release, and expressly preserves fully aed to :he same extent as if the Agreement had not 

been executed, any claims or causes of a~.:tio :1: 

a. ain~t the Se:tling Dcfct:c:anls or any other person or entity for 

Eaoi!ity, i!: any, incurred m; the maker, endorser or g:uuantor of any prornissory note or 

i.nc.ebtedness pHyalJlt: or owed by them '.r.. the F~)T C-R., the Bank, other financial institutions, or 

any other j)t.:rson or entity, including, without iirnilation, any such claims acquired hy t:-:e FDJCR a.s successor in interest to the Hank or any person or enti~y other than Hank; and 

b. Aga ns~ any persoe or entity not expressly released by the FDlC-R 

in this Agreement. 

2: Notwithstanding any ori1er provision of this Agreement, nothing in this 

Ag::cemcnt shall be construed or intcrpretec 2s Jimitit:g, waiving, releasing, or compromising the 

jt<risdict:on and authority of the Fcde;al Dcp~si! rnsurc:ncc Corporation in the exercise of ~s 

sttpervisory and/or regulatory authority or to d:n:inish its a~ili ty to institute administrative 

enforct:rnc:ll or other proceedin gs sc~king ·emoval, p:· hibi~ion or any other relief it is au:hor:zed 

to ;;cck ;")ursuanl to its supervi:-;ory or reeulatory au· ~o rity against any person. 

9 

290445.v1 
J. Not w:~h tandir'.g any o~her provisio:t of this Agreement, this Agreement 

docs r:.o ~ pur;Jort ',o w<:ivc, or i:1~~nd to waive, <ny claims that could be brought by the United 

SMcs through the :)cpattmcnt of Justi~c, the U:1:t:xl States Attorney's Oflicc for any fcdcra: 

j udi cial c:is~ri , or any o:h c~· departnc:1t or agency of tl~ c United States !1!1 c:ctincd by 18 U.S.C. 

§ 6. In addition, ::·1c FDIC-R ccifically reserves ti1c. right to seek court-ordered restitution 

purs:.lant to lhc relevar:t previsions of the Mambtory Vic tins Restitution Act, 18 "C. S.C. §§ 3322 

and 3663, el seq., ;r 2.pp:·opriatc:. 

'Llc P9rties agre-e that the releas:..:.s prov id~d in th:s Agreemcn: :nc:ude and cncompr.ss c. 

re:easc ami waiver of any e,nd all rights or be.1:cE:s conferred by provisions of Section J5t,2 of 

the California Civil Code and/or a:1y other :eceral s~a~utc or common law principle of sin~ila:· 

cft'cct. Tbc Pr.rties c~ck.nu wlcd gc :hat titey have been advised by cn·J:1scl <mel are ~n~ ib:r with 

lhc provisions of Section 1542 offle Californ:a Civil Code, which prc;vides rts fo!lows: 

A GENERAL RELEASE DOES ~OT EXTEJ\'D TO CLAIMS WHICH THE 

CREDITOR DOES NOT K\iOW OH SUSPJr:er TO Ji:XlST If' HIS OR 

HER FAVOR AT THE TIMR OF Jr:X ~ClJTI\IG Tllli: l~ELEASE, WHTCII 

IF KNOWN BY IIJM OR HER MUST HAVE NIATRRIALl ,y AFFl CTED 

HJS OR HER SKTT.T ,EMENT WTTH THJ( l>li:BTOR 

lr; conn ~c ~io 1: wi~l: :h:s \.vaive:·, the Pat1ics l:crcby ackn.owledgc that tbey me 

awa:·c :hat lhey may hereafter discover claims or facts i1; addition to, or ct:ffercnt from, 

those v;hich they now kr,c \v or believe to ex\st with :·cspect to th~ subject matter of this 

Agreernenl. 

SECTION IV: ·waiver of])iviucnds and Procccus from Litigation 

To the extent, if any, tha: Settling Defendants are or were sl:are[lolders o: the Bank or its 

:'1olding company and by virtue the;cof are or may ·:)e entitbd to a c,ividcnd, pnyment, or nther 

distrib:1tion 1;10n resolution of the rece.ivcJsbp c:f thr.l3ar~k or proceeds in ar.y litigation that has 

or could have been brought aae.ir:st the .Fed ral Deposit Insurance Corpo ratim: i!l any capacity or 

aguinst the United States bas~c on or arising Ot;: of, ir~ wbo!c or in part, the closing of the Bank, 

IG 

?.90<i4 i. v1 
o:· a~1y n.ll~e;ed acts or omis~i ons hy the Fcdcra: Dcpmit ln:rJ:·ancc Corporation in any capac:ty, 

the United St~: cs govcrnn:cnt> cr a:1y age:~cy c:· clepartn:cnt o:"thc United States govemrr:ent in 

ccnncction wi01 tl:c Bank or it[{ reccivc!·shi_r, SettEng Defendan<s hereby knowingly as.s!gn to t~1e 

~:DI C- R. any and al l rights, tities and interest in and to any and a:~ such dividends, payrner;ts nr 

o:her cEstribt:tions, or croc(?.cds. ' 

SECTION V: RcprcscJ1tations and Admowlcdgemcnts 

A. /'1.u ti1C~_rged Siw.atorics. Eaci1 of the undenigncd persons represents £.nd wmTnnts 

~hat ic, sl"!.c, or it is <! ·Pc:rty, or is tl"Jthorized to sign this Agrct;ment on 0eha!f of a Pa:ty z.r.d has 

th full power m1d authority to bind such Party to eac!1 and every pro visi o~ of this Agreement. 

Thi.:; Agreen-:~n~ sha: ~ ·ue biEding upon ancl i:a'.m;. to Lhe '::Jene11t oft1le undcrsig!:ecl Parties and 

their rcspcc~ivc he r~S, .~xccutors, adrn!nistra~ors, repre.sentutivcs, suc~;cssors and a:-;signs. 

B. {}.dvj_ce_Q:f Counse: ar:.d Vo: untm:y_Acccnt.~.t1G.(,?, Each Party hert;by acknowledges 

that :1t~, s:1e, or it ha:; c~msu:ted with anct nbtair:cd the advice of cou1:se: prier w executing this 

J\g:·eement, and f1at tl::s Agreement nas been cxp:ained to tnat Party by his, her, or its co!lnscl. 

F<:C!1 ?arty ~·~.;r th r Hc:mowledgcs ~!nd represents tl:~t t:c, she or i: has carefully read and fully 

understands all of the ~:>rovis icns of t~i~ Agreement, and knowingly and voluntarily ccep s its 

tern-:s, H.:ld tha.t this Agreement :s a product of good faith negotiations between th:! Parties. 

C. Pina:1cinl D.L"closure Representation. Each Settling Defendant has submitted 

fi1~a:1cia: r~fonr.ation ~o the FDIC-R iocludir_g Personal Fi:-u:ncial Statements (FDIC 76CO/Ol (9-

05)) and hcre:t: affirms that his or her financial ~nform ation is true and accurate a.:; of the dates 

:bose Personal Fh~anci al Sta~ements \vere deEvered ~o h~ FDIC-R c.nd there have bi.!cn no 

materia! chmge~ to each of the SettEng Defcndc.nts' Pe:·sonal financ:al S:a:ements since t:"1t:t 

cla:e. Each SetUng Defendant expressly acknowledges tl:at, in de:er:11::1ing to settle the clair.1s 

released herein, the FDTC-R has reasonably er:cijt:stifia~ly relied upon the accur~cy of the 

finar~ci al ~nforn:at ion submitted l.;y th;; Se~ lit"..g Def~;Hl ants. The F;)[C-R has n~> obliga:ion :o 

indepeJ:dent:y ve!·ify :he completeness or accmacy or that rna:~cial :nfo;rm:tior:. If the .FDIC-R 

cstab.lis~cs via~- final ndjud cati~n in un aJ~?rop:·!are judicial forurr: tbtl a Senline Defendant 

ll 

:?9014G.v1 
fi1i:ed to disclcse any material i:'l:crest, kg;-1.1, cq·.li1 ~b:c, or ber:d1cial, in any asset, that 8ettlbg 

Dc~c:1dan: agrees to coopcra:c fully with the fDIC-.R to provide updated financial information 

i'.nd to ?rtY to the F.J.!C: -R the lcsse.r of (:) :he value of t.l:e Settling nc:cndant 's undisclosed 

r:1aterial interest in suet-. asset(s); o:: (2) the amount of unpaid damages aEeged against that 

Settl:ng Defendant. 

D. N:oJl-Assig~tJ~)1Cnt. Eacr. Pa1ty rcj.)resents and warrants that he, she. or it has not 

signcd tc any o~:~c:· person or c:1tity any clr.ims reler;scd by st.:ch Puny pursuant to is 

Ag~·eement. The Settling Dcfendat:ts a::d the lr.surer, only, agree that if, contrary to this 

re_;1::-cser!tulion and \Nana,1ty, any of:hem assigns or has assigned such rights to any other person 

or e1:tity, tbe Settling Defenda:lt or the Insurer that :nadc the assignmer:t shall defend, indemnify, 

cu:d hoid ;1a rrnle;-;s t:11! other Settling ef~;;rH.lants and/or the Insurer with respect to a:1y claim or 

<.:ctio:1 :·mmgh~ against ar:y of rhcm hy any assipee of any intere-st assigned Gontrary to this 

rc;lre:,entat:on and warnn:y. 

SECTION VT: Hcasonahle Cooperation 

A. The Parties ag:-cc to cooperate in gooct f<dth to effectuate a!; the te.r:m an ~: 

C:OEdtions of this AgrccmcJ:t, inc:nding do be, or ea·.:sing their agents and aHorr.eys to do, 

whatever is rcasona:,ty necessary to c£'fectuatc t:lc signing, delivery, execution, fi!i:'.g, recording, 

m:cl entry, of :ny (:ocu:ncnts necessary to conclude the D&O Actim: and Coverage Action and to 

otherwise perform the terms ~· this Agreement. 

B. \Vif iin ten (l 0) bminess days of the later ofti1e full and cor~1 ~ete execution of 

t~is Agreen:.cn~ o:- receipt of the pay:ncn.t in 6e mr.ount ofSl ,050,000 f:·om Pamela Petre Reis, 

ns Tn.:stee of.' thc Re1s Family n\tst du:ed ,\pri124, 1995, as Amended, :l:e FDIC-R shall 

wi~hd: aw its CrediLor's Cairn in In the Mat:er of the Reis Trust Dated April 21, 1995, as 

;lmended, cmd [he Curtis Sanf ord Reis Living trust Dated April 24, 1995, as Amended, Supcrio:· 

Court of California, Co:1nty of:".us A!lgelcs Case -:-Io. DP 152933. 

12 

2901..t15.v1 
(b)(6) .......... . 

(b)(6) .......... .. 

SECTlON VU: Other "\tatters 

J\. No .dm_i~siQ..Il of L~~bi!ity . The t:r.c\crsigncd Parties each acknowledge ar:.d agree 

that tt1e mal~c rs set lorth in this Agreement constitute the sc~tlement and compromise of disputed 

clai:~~ s and defenses, that this Agreement is eo~ ?.n adnission or evidence ofliability or infirmity 

~y any of t!lem regarding any claim or defense, ~md that the t\g e~mcnt sbal1110t be offered or 

receive(~ in evidence by or against any Par y except to enforce its terms. 

B. ~xcc_~!tion in Coun_tcmarts. This Agrccr~tc:1~ may be executed in counterparts by 

o.r.e 8.::- ~~1ore of the Patties and all such counterparts when so executed shall together constitute 

the f!1~al Agreement, as if one document had jeen signed ':Jy all Parties; and each such 

ccuntcrpart, upon cxcc:ution and delivery, shall be ciccrncci a complete ori!~in , bindic.g the 

Part:~s ub~cribcd thereto upon the execntion by all Parties to this Agreement. 

C. ~hoice of Law. This Ag::cemcnt shall be inlc:vrctcu, conslrucd and ~nforctx.l 

accorC.iEg to applicable federal law, o:· in i:s absence, the laws o f lhc State of California. 

D. Notice. Any notices required hereunder shall be sent by registered mail, first 

c:ass, rcn.:rn receipt requested, and by c:nail, to the following: 

Tftothe FJJIC-R: 

/.9044b.•J1 

Gregory K. Conway, Esq. 

Co11nsel, Federal Deposit fnsunmcc Corporation 

3501 Fairtax Drive, # 13-'/0)1 

Arlington, VA 22226 

., , m •I 

ami 

Patrick J. 1< ichard, Esq, 

Nossaman LLP 

.::o ('' [' {' · C• .-, llil )') .} .. a 1 orn1a .Jtreet, .J' • oor 

San Francisco, CA 9t\ 111 

m I 

13 
(b)(6) 

l f l~) the Sct:ling D~fendants: 

Jo:.1~ F. Libby, Esq. 

Ea!·ok: Reic~1wald, Esq. 

Fmil Pc·:rossia:l, Esq. 

M~mart, Phc~ps & Phillips, T LP 

11355 West Oiy:npic Bou:cvard 

................................... .. ............ ~'--o-s -r\-rl_g_e~-e-s._C_._!\_9_0_0_6t:..-_...J 

and 

Thomas V. Oirardi, Esq. 

Graham LippSr:Jith, E,;;q. 

Girarc:i & Keese 

1126 Wihihirc 13onleva!·d 

Los Angclc:;, CA 90017 

(.b)(6) ·····································································································1 ..... ______ --....J 

2.1ld 

RusseL W. Roten, Esq. 

Kathcr:nc L. Nichols, Esq. 

D:..1ane \1o:Tis I .l ,P 

865 S. l;igccroa St., Suite :~ 100 

Los Angeles, C.t\ 90017-5450 

(b)(6) ··································································································· I ..... _______ ...J 

(b)(6) 

20C4~5.v1 

and 

Michael L. Abrams, Esq. 

Abrams & IIeyll LLP 

11756 Wilshire Blvd., Sixti1 Floo:· 

Los Ar:p:eles, CA 90025 

I ............................... ........................ _______ .....J 

a~d 

Ill 
1 )anicl Jacks, n 

17 Mcrano 

Miss:on Vi~ jo, CA 92()92 

(b)(6) ....................................... ... , ... ··········································· 

If to Jns~1rcr: 

Federal Instmmce Company 

cio Louise Van ;)yck 

Chub() & Son, a Divisio.n of Federal hsurance Con:pany 

82 Hop:ncr.dow Street 

Sim.s';)ury, CT 06070 

(b)(6) ...... ····························· .. . ...................... I L...- ........ _. ___ 

............................. ____. 

(b)(6) 

and 

David Newmann, Esq. 

Liana G.T. Wol:, Esq. 

IIoga:1 Lovclls l;s LLP 

555 L3th Street ~W 

Washir.gton D.C., 20004-1109 

·········································································L...---1 · ... .. ........................... _ _ .................. -------J 

E. E11~i:·c Agrccrnc!l_t_and _ _Amcnchncnts. Tl:is Agreement constitutes ihc entire 

agreement and nndcr.stGtnd!t~g between and cll:lor.g the undersigned Parties conce!·ning the matters 

set forth hc:·cin and .supc:·scdcs any prior ag~ccmcnt , undcrstwdi.:1gs, promise~ or 

rej)l'cscntations. This Ag!·ccmcr.t may not be amer .. ded or modiEcd, nor may ~u1y of its provisions 

he waivcc!, cxc(.;pt in writing signed )y th:; Parties bou:'J.d thereby, or by their ~'t\.spcctivc 

a·.tt:Lor:zed attorney(s), or oLher represent<ttive(s). Tbe Parties <'..Cki~owledge that, except as 

expressly set fortn herein, no re):!·esentations of any kir.d or cha:·actcr have beer. :nadc to him, her 

or i~ oy any of the ot:1er Parties to i:1duce :1e execution of t~ s ;\grcement. 

F. Il!lcs and CA ptions. /\ll section tiC: es at:d captions contained in this Agreement 

arc for convenience 0!11y r-.r.d shall not affect the interpretation of tl:is Ag:-eemc:lt. 

G. );o ConftdentiaLty. All Parties r.~clmowlcdge t]a: tr.is Ag:-eement shall :10t be 

confiC:en:.i<d a;:1d will be disclosed pursua:1t to the Fedcrall)c!)O.sit I;1surance C<.>I}JOration's 

app:icuble pali:.:ies, procedures, and other legai rcquircmc:1iS. 

!5 

?.9C4t.5.v1 
JN W!T~ cSS WHEREOF, th<.: Parties herdc b LV<.: caused this 1\greea:cnt to b<.: executed 

by each of them or thdr clt::y mnhorizcd rcpres<~ntatives on the elates l1creina.fter .c;ubscribed. 

F'EDJ RAL DF.POSIT INSURANCE CORPORATION 

A.S RECEIVER FOR AIJ,TA;'I;CE BANK 

Date: .. l!fL9)J!i ,j ._.... 

BY:_ . , --i _ .. _ 

TITLE: Counsc: / ' 

SETTLING DEFENDANTS 

Date: 

Date: 

Date: ----

D2. tc: 

Date: 

280445V1 

PRINT NAlv1E: G:·egory K./onway 

------- - ?amcla Pette Rcis, as Trustee 

of the Rcis 5'ami ly Trust 

dated April 24, 1995 

·-------·--- :)aniel Jackson 

-- --···------- :Vfichael Abrams 

--- ---· - --· Robert Botlmer 

D. Gregory Sco t~ 

--- -----·-------·-- - Robe;·t Tl:omp;on 

I (, 

(b)(6) 
(b)(6) 

"N WJ1J\"ESS WHEREOF, the arti~ hereto have caused this Agreement to be executed 

by eac~i oftb.cm or their duly authorized representatives on the dates hereinafter subscribed. 

FEDERAL ])}!;POSIT INSCRANCE CORPORATION 

AS i~RC~IVJDR oR ALLIANCE BAl'i'K 

Date: 

.................................................... 

llaJc: J!}Jki_ 

Date: 

Date: __ .. _ -·····---·-· 

Date: - --

Date: 

Date: 

290445,v1 

BY: 

nTLE::c0\U1sei 

PRit\T N.J:\.1\Iffi: Gregory K. Conway 

Pamela Petre Reis, a.9 Trustee 

o:fthc Reis Family Trust 

dated April 24, 1995 

-··-·'' " " ' ---·--···------- Daniel Jackson 

Michael Abrams 

Robert Bothner 

D. Gregory Scott 

----····--· Robert Thompson 

J(j 
FJWf:RA l. Df!.POSJT Tl\SlJRi\ NCir: CORPOI.{ATION 

AS Rf:CElV f.l{ FOR .'\L l.IAi\CE BANI< 

SETTUNC DF.FEN DANTS 

Dutc: 

BY: ·····-- - -- ·-·--·-··---- .. ·· -··- - T:Tl,l:: Counsel 

PRINT AM~ : Gregory:(. Co:·,wn:y 

Pnn:da c~ c Rc is, as Trdslee 

of the R~.:i s F!u11ily Trust 

(b)(

6

)- - --- --- --.-_ .. _,- __ -_l __ _._,, .:~ · _ __ j_ ····· ········- cdar.:d A pril ?.•I, 19

1

?5 

l):·ltr.!: lh ).~· ... ;1J'I.' 1 . ·.'- Daniel Jackso;·1 

Dmc: _ _ __ _ __ __ _ 

Michncl /\lmuns 

Da.tc: -- -·- ----- _. 

Ro bert Bothncr 

D. (in:gory Scott 
•• 

I . 

·,o 

(b)(6)._ .. 

IN WITKESS WiffiREOF, !he Parties :1crcto have CitU.'lcd this ;\grcerncnt to he executed 

by C{lch of them or their C.uly authorize(! .:-epresc:Lltt!ives on the dates J.ereinafter subscribed. 

FEDEEAL ~P T lNSURANCE CORPORATl ON 

AS' RECEIVER FO ~ LIA~CE BANK 

Date: --- - --

Dnte; ------

··············?···· . ·········--·····:·········--······-····; ··· 

Dntc: . /-· / 7.:/..)' 

Date: 

'82tc : 

Date: --- - - -

?(lC445.v1 

.BY: 

'l:l'fLE: Counsel 

·PRINT NAME: Gregory ~. Conway 

~an:ela Pecre Reis, as Trus:ee 

of.thc R::.is Fali1ilv Tmst . .. . . . . ~ 

dated April 24:, l9Y5 

- - ----·--- ·----- - Daniel Ja~ so n 

. c:;;· 

! - -···················· 

V Mit:i)a.d A1naths 

Robert Botlmcr 

- ---·--· ·-----· 1\ Gregory Scott 

Ro"Jert Thcmpson 

16 

:'· 

i, . ' ), ' . 

. . 

., 
.... Y ..... :.L _______ _ 

IN WlY}i'"ESS WHEREOf, the Portie~ heMo have caused ¢is Agreement to be executoo 

by each of them or their d\llY authorized ~:eprescnwtives on tlJ.c dates hcrcinnJ.ler subscribed. 

FEDERAL DEPOSIT 1.NSl.m.ANCE CORPORA:rlON 

AS REC.RIVER FOR ALLlANCE BANK 

Date: ////8""//4 ~ I -

SETTtlNG DF.FENl)At',!'S 

D~ttc: 

----

Date: 

:>ate: ----

BY: 

TlTLE: Coumel 

PRINT NAME: Gregory !<.. Conway 

Pnmela Petre Reis 1 as Txstec 

of the Rels Family Trust · 

dated April 24, 1995 

Dau.iel J acksor, 

(b) ( 6) ····································· ·; t;·········t·······t;········· . ······························ ...... . 

D<ltc: // p _f;_J_L{- ~--------~Ro~bb~~rt~-~B~o~tru-1-cr--~------J 

DatG: --- - D. Gr~gory Scott 

Dale: --- - -------- Rob~tl Thompsen 

29044~ vl 
(b)(6) 

IN WITNESS WIIEREOF, the ?mLes be:·l:tO ~v~ cau:sed this AgreenH.:nt to be executed 

by each of them or their duly authorized representatives on ti1c date:; hereinafter !>ubscrihed. 

FE 'J! RAL Dl•~ POS T II\SUHANCE CORPORATION 

AS REC.KlVER FOR AL IA~CE HA!':K 

Date: 

SETTLING J<' ANTS 

Date: 

Date: 

Date: 

Date: 

29U4.qt)y 

BY: ·----.. -· T:TLF.: Counsel 

PHINTNAME: Gregory K. Conway 

Pamela Petre Rcis, as Trustee 

of the Rcis Family Trust 

elated April 2-1, J 995 

~)ani l Jackson 

- ---·-·--·----·- Michael Abrams 

Robert Bothn~r 

7 

···--.. -··-------·--- - Ro'Jc:-t Thompson 

iG 
l\f WITNES~ WHEH F. OF, ~he Pa;·~i ~s !:ere to ::<~vc ~a used this Agrccmct:lto b\: cx:ect:.ted 

by each r.i'~bcm or tbe:r duly i:l.t:thodznd rc~rc~~ntatives on the dates hereinafter subscribed. 

FEDIU<AL DKPO.SIT IN.SURA~cg CORPORATION 

AS RECEIVER FOR ALLIA!\CE DA!\"K 

Dnte: 

SKI"''JJING DE.FI<:NDAI'i1'S 

Date: 

Date: 

0atc: __ .. _ .. 

BY: ·- ····- TITLE: Counsel 

PIUNT :!'i'AME: G:·egory K. Conwuy 

1 (j 

~\t~ncla Pc:rc Rei~ , as T:·~tstce 

oi' Lhe R~:s ?amily Trust 

dated Ap:·it 24, 1995 

Daniel Jackson 

-·-----

Michael /\brams 

Robert Bot~:1er 

D. Gregory Scott 
FEDERAL INSURANCE COMPANY 

Date: 11/11 / 2 tJio/ 

29044S.v1 

17