Document:

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                                 CITY NATIONAL BANK
                        EXECUTIVE DEFERRED COMPENSATION PLAN

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                                      ARTICLE I
                               TITLE AND DEFINITIONS

1.1    TITLE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1

1.2    DEFINITIONS . . . . . . . . . . . . . . . . . . . . . . . . . . .1

                                      ARTICLE II
                                    PARTICIPATION

2.1    PARTICIPATION . . . . . . . . . . . . . . . . . . . . . . . . . .3

                                    ARTICLE III
                                 DEFERRAL ELECTIONS

3.1    ELECTIONS TO DEFER COMPENSATION . . . . . . . . . . . . . . . . .3

3.2    INVESTMENT ELECTIONS. . . . . . . . . . . . . . . . . . . . . . .4

                                     ARTICLE IV
                                  DEFERRAL ACCOUNT

4.1    DEFFERAL ACCOUNT. . . . . . . . . . . . . . . . . . . . . . . . .5

                                     ARTICLE V
                                      VESTING

5.1    DEFERRAL ACCOUNT. . . . . . . . . . . . . . . . . . . . . . . . .5

                                     ARTICLE VI
                                   DISTRIBUTIONS

6.1    AMOUNT AND TIME OF DISTRIBUTION . . . . . . . . . . . . . . . . .6

6.2    FORM OF DISTRIBUTION. . . . . . . . . . . . . . . . . . . . . . .6

6.3    ELECTION TO RECEIVE PERIODIC INSTALLMENTS . . . . . . . . . . . .6

                                    ARTICLE VII
                                   ADMINISTRATION

7.1    COMMITTEE ACTION. . . . . . . . . . . . . . . . . . . . . . . . .6

7.2    POWERS AND DUTIES OF THE COMMITTEE. . . . . . . . . . . . . . . .6

7.3    CONSTRUCTION AND INTERPRETATION . . . . . . . . . . . . . . . . .7

7.4    INFORMATION . . . . . . . . . . . . . . . . . . . . . . . . . . .7

7.5    COMPENSATION, EXPENSES AND INDEMNITY. . . . . . . . . . . . . . .7

7.6    QUARTERLY STATEMENTS. . . . . . . . . . . . . . . . . . . . . . .7

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                                    ARTICLE VIII
                                   MISCELLANEOUS

8.1    UNSECURED GENERAL CREDITOR. . . . . . . . . . . . . . . . . . . .8

8.2    RESTRICTION AGAINST ASSIGNMENT. . . . . . . . . . . . . . . . . .8

8.3    WITHHOLDING . . . . . . . . . . . . . . . . . . . . . . . . . . .8

8.4    AMENDMENT, MODIFICATION, SUSPENSION OR TERMINATION. . . . . . . .8

8.5    GOVERNING LAW . . . . . . . . . . . . . . . . . . . . . . . . . .8

8.6    RECEIPT OR RELEASE. . . . . . . . . . . . . . . . . . . . . . . .8

8.7    PAYMENTS ON BEHALF OF PERSONS UNDER INCAPACITY. . . . . . . . . .9

8.8    HEADINGS, ETC. NOT PART OF AGREEMENT. . . . . . . . . . . . . . .9

                                     ARTICLE IX
                                   BENEFIT OFFSET

9.1    OFFSET FOR CERTAIN BENEFITS PAYABLE UNDER
       SPLIT-DOLLAR LIFE INSURANCE POLICIES. . . . . . . . . . . . . . .9

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                                 CITY NATIONAL BANK
                        EXECUTIVE DEFERRED COMPENSATION PLAN

       WHEREAS, City National Bank (the "Bank") desires to establish a
deferred compensation plan to provide supplemental retirement income benefits
for a select group of management and highly compensated employees through
deferrals of salary and bonuses, effective March 1, 1994; and

       WHEREAS, it is believed that the adoption of this plan providing for
deferred compensation at the election of each executive will be in the best
interests of the Bank;

       NOW, THEREFORE, it is hereby declared as follows:

                                     ARTICLE I
                               TITLE AND DEFINITIONS

1.1    TITLE.

       This Plan shall be known as the City National Bank Executive Deferred
Compensation Plan.

1.2    DEFINITIONS.

       Whenever the following words and phrases are used in this Plan, with
the first letter capitalized, they shall have the meanings specified below.

       "Account" shall mean a Participant's Deferral Account.

       "Bank" shall mean City National Bank, any successor corporation and
each corporation which is a member of a controlled group of corporations
(within the meaning of Section 414(b) of the Code) of which City National
Bank is a component member.

       "Beneficiary" or "Beneficiaries" shall mean the person or persons,
including a trustee, personal representative or other fiduciary, last
designated in writing by a Participant in accordance with procedures
established by the Committee to receive the benefits specified hereunder in
the event of the Participant's death.  If there is no valid Beneficiary
designation in effect, or if there is no surviving designated Beneficiary,
then the Participant's surviving spouse shall be the Beneficiary.  If there
is no surviving spouse to receive any benefits payable in accordance with the
preceding sentence, the duly appointed and currently acting personal
representative of the participant's estate (which shall include either the
Participant's probate estate or living trust) shall be the Beneficiary.  In
any case where there is no such personal representative of the Participant's
estate duly appointed and acting in that capacity within 90 days after the
Participant's death (or such extended period as the Committee determines is
reasonably necessary to allow such personal representative to be appointed,
but not to exceed 180 days after the Participant's death), then Beneficiary
shall mean the person or persons who can verify by affidavit or court order
to the satisfaction of the Committee that they are legally entitled to
receive the benefits specified hereunder.  In the event any amount is payable
under the Plan to a minor, payment shall not be made to the minor, but
instead be paid (a) to the person's living parent(s) to act as custodian, (b)
if that person's parents are then divorced, and one parent is the sole
custodial parent, to such custodial parent, or (c) if no parent of that
person is then living, to a custodian selected by the Committee to hold the
funds for the minor under the Uniform Transfers or Gifts to Minors Act in
effect in the jurisdiction in which the minor resides.  If no parent is
living and the Committee decides not to

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select another custodian to hold the funds for the minor, then payment shall
be made to the duly appointed and currently acting guardian of the estate for
the minor or, if no guardian of the estate for the minor is duly appointed
and currently acting within 60 days after the date the amount becomes
payable, payment shall be deposited with the court having jurisdiction over
the estate of the minor.

       "Board of Directors" or "Board" shall mean the Board of Directors of
the Bank.

       "Bonus" shall mean any incentive compensation, consisting of any bonus
or commission, payable to a Participant in addition to the Participant's
Salary after reduction for any salary deferral contributions to a plan
qualified under Section 125 or Section 401(k) of the Code.

       "Code" shall mean the Internal Revenue Code of 1986, as amended.

       "Committee" shall mean the Company's Strategy and Planning Committee.

       "Company" shall mean City National Corporation.

       "Compensation" shall mean the Salary and Bonus that the Participant is
entitled to for services rendered to the Bank.

       "Deferral Account" shall mean the bookkeeping account maintained by
the Committee for each Participant that is credited with amounts equal to (1)
the portion of the Participant's Salary that he or she elects to defer, (2)
the portion of the Participant's Bonus that he or she elects to defer, and
(3) interest pursuant to Section 4.1.

       "Effective Date" shall mean March 1, 1994.

       "Eligible Employee" shall mean each officer at the Senior Vice
President level or above who is regularly scheduled to work thirty or more
hours per week.

       "Fund" or "Funds" shall mean one or more of the mutual funds or
contracts selected by the Committee pursuant to Section 3.2(b).

       "Initial Election Period" for an Eligible Employee shall mean the
30-day period following the later of March 1, 1994 or the Eligible Employee's
date of hire.

       "Interest Rate" shall mean, for each Fund, an amount equal to the net
rate of gain or loss on the assets of such Fund during each month reduced by
one-twelfth of one and one-half percentage points.

       "Participant" shall mean any Eligible Employee who elects to defer
Compensation in accordance with Section 3.1.

       "Payment Eligibility Date" shall mean the first day of the month
following the end of the quarter following the quarter in which a Participant
terminates employment or dies.

       "Plan" shall mean the City National Bank Executive Deferred
Compensation Plan set forth herein, now in effect, or as amended from time to
time.

       "Plan Year" shall mean the 12 consecutive month period beginning on
January 1, except that the first Plan Year shall be a short year beginning on
March 1, 1994 and ending on December 31, 1994.

       "Salary" shall mean the Participant's annual base salary after
reduction for any salary deferral contributions to a plan qualified under
Section 125 or Section 401(k) of the Code.

       "Tax Adjustment Factor" shall mean a number, determined by the
Committee, which is equal to one minus the sum of (1) the highest marginal
federal personal income tax rate then in effect and (2) the

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effective highest marginal state income tax rate in the state in which the
Participant resides, net after the effect of the deduction for such state
income tax for federal income tax purposes.

                                     ARTICLE II
                                   PARTICIPATION

2.1    PARTICIPATION.

       An Eligible Employee shall become a Participant in the Plan by
electing to defer all or a portion of  his or her Compensation in accordance
with Section 3.1.

                                    ARTICLE III
                                 DEFERRAL ELECTIONS

3.1    ELECTIONS TO DEFER COMPENSATION.

       (a)    Initial Election Period.  Each Eligible Employee may elect to
defer Compensation by filing with the Committee an election that conforms to
the requirements of this Section 3.1, on a form provided by the Committee, no
later than the last day of his or her Initial Election Period.

       (b)    General Rule.  Subject to the limitations set forth in
paragraph (c) below, the amount of Compensation which an Eligible Employee
may elect to defer is as follows:

              (1)    Any percentage of Salary up to 50%; and/or

              (2)    Any percentage or dollar amount of Bonus up to 100%;

provided, however, that no election shall be effective to reduce the
Compensation payable to an Eligible Employee for a calendar year to an amount
which is less than the amount that the Bank is required to withhold from such
Eligible Employee for such calendar year for purposes of income tax and
employment tax (including Federal Insurance Contributions Act (FICA) tax)
withholding.

       (c)    Minimum Deferrals.  For each of the first four Plan Years
during which the Eligible Employee is a Participant, the minimum percentage
which may be elected under paragraph (b)(1) of this Section 3.1 is 5%.  This
5% minimum deferral for any Plan Year may be reduced to a lesser percentage
(but not below zero percent) if the Participant deferred any portion of his
or her Bonus paid in the preceding Plan Year.  The amount of such reduction
shall be the number of percentage points determined by (1) dividing the
amount of the Bonus deferred in such preceding Plan Year by the amount of the
Participant's annual Salary at the beginning of the Plan Year to which the
minimum deferral applies and (2) multiplying by 100.

       (d)    Effect of Initial Election.  An election to defer Compensation
during an Initial Election Period shall be effective with respect to Salary
earned during the first pay period beginning after the Initial Election
Period and to the Bonus payable for services performed during the Plan Year
following the Plan Year in which the election is made.  Notwithstanding the
foregoing, for the first Plan Year only, an election made during the Initial
Election Period to defer a Bonus shall apply to the Bonus payable for
services performed during the calendar year ending December 31, 1994.

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       (e)    Duration of Salary Deferral Election.  Any Salary deferral
election made under paragraph (a) or paragraph (g) of this Section 3.1 shall
remain in effect, notwithstanding any change in the Participant's Salary,
until changed or terminated in accordance with the terms of this paragraph
(e); provided, however, that such election shall terminate for any Plan Year
for which the Participant is not an Eligible Employee.  Subject to the
minimum deferral requirement of Section 3.1(c) and the limitations of Section
3.1(b), a Participant may increase, decrease or terminate his or her Salary
deferral election, effective for Salary earned during pay periods beginning
after any January 1, by filing a new election, in accordance with the terms
of this Section 3.1, with the Committee on or before the preceding December 1.

       (f)    Duration of Bonus Deferral Election.  Any Bonus deferral
election made under paragraph (a) or paragraph (g) of this Section 3.1 shall
be irrevocable and shall apply only to the Bonus payable with respect to
services performed during the Plan Year for which the election is made.  For
each subsequent Plan Year, an Eligible Employee may make a new election,
subject to the limitations set forth in Section 3.1, to defer a percentage of
his or her Bonus.  Such election shall be on forms provided by the Committee
and shall be made before December 1 of the Plan Year for which the election
is to apply.

       (g)    Elections other than Elections during the Initial Election
Period. Subject to the limitations of paragraph (c) above, any Eligible
Employee who fails to elect to defer compensation during his or her Initial
Election Period may subsequently become a Participant, and any Eligible
Employee who has terminated a prior Salary deferral election may elect to
again defer Salary, by filing an election, on a form provided by the
Committee, to defer Compensation as described in paragraph (b) above.  An
election to defer Salary must be filed on or before December 1 and will be
effective for Salary earned during pay periods beginning after the following
January 1.  An election to defer Bonus for a Plan Year must be filed before
the December 1 preceding such Plan Year.

3.2    INVESTMENT ELECTIONS.

       (a)    At the time of making the deferral elections described in
Section 3.1, the Participant shall designate, on a form provided by the
Committee, which of the following types of mutual funds or contracts the
Participant's Account will be deemed to be invested in for purposes of
determining the amount of earnings to be credited to that Account:

              (1)    Emerging Growth Equity Fund;
              (2)    Balanced Assets Fund;
              (3)    Common Stock Fund;
              (4)    Real Estate Securities Fund;
              (5)    Capital Growth Bond Fund; or
              (6)    Money Market Fund.

In making the designation pursuant to this Section 3.2, the Participant may
specify that all or any 10% multiple of his Deferral Account be deemed to be
invested in one or more of the types of mutual funds or contracts listed
above. Effective as of the end of any calendar quarter, a Participant may
change the designation made under this Section 3.2 by filing an election, on
a form provided by the Committee, at least 30 days prior to the end of such
quarter. If a Participant fails to elect a type of fund under this Section
3.2, he or she shall be deemed to have elected the Money Market Fund.

       (b)    Although the Participant may designate the type of mutual funds
or contracts in paragraph (a) above, the Committee shall select from time to
time, in its sole discretion, a commercially

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available fund or contract of each of the types described in paragraph (a)
above to be the Funds.  The Interest Rate of each such commercially available
fund or contract shall be used to determine the amount of earnings to be
credited to Participants' Accounts under Article IV.

                                     ARTICLE IV
                                  DEFERRAL ACCOUNT

4.1    DEFERRAL ACCOUNT.

       The Committee shall establish and maintain a Deferral Account for each
Participant under the Plan.  Each Participant's Deferral Account shall be
further divided into separate subaccounts ("mutual fund subaccounts"), each
of which corresponds to a mutual fund or contract elected by the Participant
pursuant to Section 3.2(a).  A Participant's Deferral Account shall be
credited as follows:

       (a)    As of the last day of each month, the Committee shall credit
the mutual fund subaccounts of the Participant's Deferral Account with an
amount equal to Salary deferred by the Participant during each pay period
ending in that month in accordance with the Participant's election under
Section 3.2(a); that is, the portion of the Participant's deferred Salary
that the Participant has elected to be deemed to be invested in a certain
type of mutual fund shall be credited to the mutual fund subaccount
corresponding to that mutual fund;

       (b)    As of the last day of the month in which the Bonus or partial
Bonus would otherwise have been paid, the Committee shall credit the mutual
fund subaccounts of the Participant's Deferral Account with an amount equal
to the portion of the Bonus deferred by the Participant's election under
Section 3.2(a); that is, the portion of the Participant's deferred Bonus that
the Participant has elected to be deemed to be invested in a particular type
of mutual fund shall be credited to the mutual fund subaccount corresponding
to that mutual fund; and

       (c)    As of the last day of each month, each mutual fund subaccount
of a Participant's Deferral Account shall be credited with earnings in an
amount equal to that determined by multiplying the balance credited to such
mutual fund subaccount as of the last day of the preceding month by the
Interest Rate for the corresponding Fund selected by the Bank pursuant to
Section 3.2(b).

                                     ARTICLE V
                                      VESTING

5.1    DEFERRAL ACCOUNT.

       A Participant's Deferral Account shall be 100% vested at all times.

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                                     ARTICLE VI
                                   DISTRIBUTIONS

6.1    AMOUNT AND TIME OF DISTRIBUTION.

       Each Participant (or, in the case of his or her death, Beneficiary)
shall be entitled to receive a distribution of benefits under this Plan as
soon as practicable following his or her Payment Eligibility Date.  The
amount payable to the Participant shall be the amount credited to his or her
Deferral Account as of his or her Payment Eligibility Date.

6.2    FORM OF DISTRIBUTION.

       The form of the distribution of benefits to a Participant (or his or
her Beneficiary) shall be a cash lump sum payment.

6.3    ELECTION TO RECEIVE PERIODIC INSTALLMENTS.

       Notwithstanding the provisions of Sections 6.1 and 6.2 of this Plan,
any participant may at any time make an irrevocable election, on a form
supplied by the Committee, to have his or her benefits paid in ten
substantially equal annual installments beginning on the Participant's
Payment Eligibility Date and continuing on or about January 1 of each
subsequent year; provided however, that such election shall not be effective
until the second anniversary of the date it is filed with the Committee.
Following the commencement of any installment distribution, the undistributed
amounts credited to the Participant's Account shall be credited quarterly
with interest at a rate equal to the mid-term applicable federal rate (for
quarterly compounding) published by the Internal Revenue Service pursuant to
Section 1274(d) of the Code for the month in which the Participant's
employment is terminated.

                                    ARTICLE VII
                                   ADMINISTRATION

7.1    COMMITTEE ACTION.

       The Committee shall act at meetings by affirmative vote of a majority
of the members of the Committee.  Any action permitted to be taken at a
meeting may be taken without a meeting if, prior to such action, a written
consent to the action is signed by all members of the Committee and such
written consent is filed with the minutes of the proceedings of the
Committee.  A member of the Committee shall not vote or act upon any matter
which relates solely to himself or herself as a Participant.  The Chairman or
any other member or members of the Committee designated by the Chairman may
execute any certificate or other written direction on behalf of the Committee.

7.2    POWERS AND DUTIES OF THE COMMITTEE.

       (a)    The Committee, on behalf of the Participants and their
Beneficiaries, shall enforce the Plan in accordance with its terms, shall be
charged with the general administration of the Plan, and shall have all
powers necessary to accomplish its purposes, including, but not by way of
limitation, the following:

              (1)    To select the funds or contracts to be the Funds in
                     accordance with Section 3.2(b) hereof;

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              (2)    To construe and interpret the terms and provisions of this
                     Plan;

              (3)    To compute and certify to the amount and kind of benefits
                     payable to Participantsand their Beneficiaries;

              (4)    To maintain all records that may be necessary for the
                     administration of the Plan;

              (5)    To provide for the disclosure of all information and the
                     filing or provision of all reports and statements to
                     Participants, Beneficiaries or governmental agencies as
                     shall be required by law;

              (6)    To make and publish such rules for the regulation of the
                     Plan and procedures for the administration of the Plan as
                     are not inconsistent with the terms hereof; and

              (7)    To appoint a plan administrator or any other agent, and to
                     delegate to them such powers and duties in connection with
                     the administration of the Plan as the Committee may from
                     time to time prescribe.

7.3    CONSTRUCTION AND INTERPRETATION.

       The Committee shall have full discretion to construe and interpret the
terms and provisions of this Plan, which interpretation or construction shall
be final and binding on all parties, including but not limited to the Bank
and any Participant or Beneficiary.  The Committee shall administer such
terms and provisions in a uniform and nondiscriminatory manner and in full
accordance with any and all laws applicable to the Plan.

7.4    INFORMATION.

       To enable the Committee to perform its functions, the Bank shall
supply full and timely information to the Committee on all matters relating
to the Compensation of all Participants, their death or other cause of
termination, and such other pertinent facts as the Committee may require.

7.5    COMPENSATION, EXPENSES AND INDEMNITY.

       (a)    The members of the Committee shall serve without compensation
for their services hereunder.

       (b)    The Committee is authorized at the expense of the Bank to
employ such legal counsel as it may deem advisable to assist in the
performance of its duties hereunder.  Expenses and fees in connection with
the administration of the Plan shall be paid by the Bank.

       (c)    To the extent permitted by applicable state law, the Bank shall
indemnify and save harmless the Committee and each member thereof, the Board
of Directors and any delegate of the Committee who is an employee of the Bank
against any and all expenses, liabilities and claims, including legal fees to
defend against such liabilities and claims arising out of their discharge in
good faith of responsibilities under or incident to the Plan, other than
expenses and liabilities arising out of willful misconduct.  The indemnity
shall not preclude such further indemnities as may be available under
insurance purchased by the Bank or provided by the Bank under any bylaw,
agreement or otherwise, as such indemnities are permitted under state law.

7.6    QUARTERLY STATEMENTS.

       Under procedures established by the Committee, a Participant shall
receive a statement with respect to such Participant's Account on a quarterly
basis as of each March 31, June 30, September 30 and December 31 of each Plan
Year.

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                                    ARTICLE VIII
                                   MISCELLANEOUS

8.1    UNSECURED GENERAL CREDITOR.

       Participants and their Beneficiaries, heirs, successors, and assigns
shall have no legal or equitable rights, claims, or interest in any specific
property or assets of the Bank.  No assets of the Bank shall be held under
any trust, or held in any way as collateral security for the fulfilling of
the obligations of the Bank under this Plan.  Any and all of the Bank's
assets shall be, and remain, the general unpledged, unrestricted assets of
the Bank.  The Bank's obligation under the Plan shall be merely that of an
unfunded and unsecured promise of the Bank to pay money in the future, and
the rights of the Participants and Beneficiaries shall be no greater than
those of unsecured general creditors.

8.2    RESTRICTION AGAINST ASSIGNMENT.

       The Bank shall pay all amounts payable hereunder only to the person or
persons designated by the Plan and not to any other person or corporation.
No part of a Participant's Account shall be liable for the debts, contracts,
or engagements of any Participant, his or her Beneficiary, or successors in
interest, nor shall a Participant's Account be subject to execution by levy,
attachment, or garnishment or by any other legal or equitable proceeding, nor
shall any such person have any right to alienate, anticipate, commute,
pledge, encumber, or assign any benefits or payments hereunder in any manner
whatsoever. If any Participant, Beneficiary or successor in interest is
adjudicated bankrupt or purports to anticipate, alienate, sell, transfer,
assign, pledge, encumber or charge any distribution or payment from the Plan,
voluntarily or involuntarily, the Committee, in its discretion, may cancel
such distribution or payment (or any part thereof) to or for the benefit of
such Participant, Beneficiary or successor in interest in such manner as the
Committee shall direct.

8.3    WITHHOLDING.

       There shall be deducted from each payment made under the Plan all
taxes which are required to be withheld by the Bank in respect to such
payment.  The Bank shall have the right to reduce any payment by the amount
of cash sufficient to provide the amount of said taxes.

8.4    AMENDMENT, MODIFICATION, SUSPENSION OR TERMINATION.

       The Bank may amend, modify, suspend or terminate the Plan in whole or
in part, except that no amendment, modification, suspension or termination
shall have any retroactive effect to reduce any amounts allocated to a
Participant's Account.  In the event that this Plan is terminated, the
distribution of the amounts credited to a Participant's Deferral Account
shall not be accelerated but shall be paid at such time and in such manner
determined under the terms of the Plan immediately prior to termination as if
the Plan had not been terminated.

8.5    GOVERNING LAW.

       This Plan shall be construed, governed and administered in accordance
with the laws of the State of California.

8.6    RECEIPT OR RELEASE.

       Any payment to a Participant or the Participant's Beneficiary in
accordance with the provisions of the Plan shall, to the extent thereof, be
in full satisfaction of all claims against the Committee and the

                                       8
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Bank.  The Committee may require such Participant or Beneficiary, as a
condition precedent to such payment, to execute a receipt and release to such
effect.

8.7    PAYMENTS ON BEHALF OF PERSONS UNDER INCAPACITY.

       In the event that any amount becomes payable under the Plan to a
person who, in the sole judgment of the Committee, is considered by reason of
physical or mental condition to be unable to give a valid receipt therefore,
the Committee may direct that such payment be made to any person found by the
Committee, in its sole judgment, to have assumed the care of such person.
Any payment made pursuant to such determination shall constitute a full
release and discharge of the Committee and the Bank.

8.8    HEADINGS, ETC. NOT PART OF AGREEMENT.

       Headings and subheadings in this Plan are inserted for convenience of
reference only and are not to be considered in the construction of the
provisions hereof.

                                     ARTICLE IX
                                   BENEFIT OFFSET

9.1    OFFSET FOR CERTAIN BENEFITS PAYABLE UNDER SPLIT-DOLLAR LIFE INSURANCE
POLICIES.

       (a)    Notwithstanding anything contained herein to the contrary, any
benefits payable under this Plan shall be offset by the value of benefits
received by the Participants under certain life insurance policies as set
forth in this Section.  Participants in this Plan may own life insurance
policies (the "Policies") purchased on their behalf by the Company.  The
exercise of ownership rights under these Policies by each Participant is,
however, subject to certain conditions (set forth in a "Split-Dollar Life
Insurance Agreement" between each Participant and the Company, pursuant to
which the Company holds a security interest on the Policy) and, if the
Participant fails to meet the conditions set forth in the Split-Dollar Life
Insurance Agreement, the Company may exercise its security interest in the
Policy and cause the Participant to lose certain benefits under the Policy.
In the event that a Participant satisfies the conditions specified in Section
4 or 5 of the Split-Dollar Life Insurance Agreement, so that the Participant
or his or her beneficiary under the Policy becomes entitled to exercise
rights free from the Company's security interest under one of those sections,
the value of those benefits shall constitute an offset to any benefits
otherwise payable under this Plan which accrued in years in which premiums
were paid on the Policy.  As the case may be, this offset (the "Offset
Value") shall be equal to the value of benefits payable under the
Split-Dollar Life Insurance Agreement, that is, the cash surrender value of
the Policy or, in the case of Participant's death, the death benefit payable
to the beneficiary under the Policy.  The Offset Value shall then be compared
to the Participant's Account, and the amounts credited to the Account shall
be reduced, but not to less than zero, by the Offset Value; provided,
however, that any portion of the Account which is attributable to
compensation deferred during Plan Years in which the Company did not pay
premiums on the Policy shall not be reduced by the Offset Value, and the
Committee shall maintain subaccounts of a Participant's Account to the extent
necessary to determine the portion of the Account which is subject to offset
and the portion which is not subject to offset.

       (b)    If the Policy in subsection (a) is not on the life of the
Participant and the insured dies prior to distribution of benefits under this
Plan, then the value of the benefits received by the participant under the
Policy will offset the Participant's Account under this Plan to the extent
described herein.  This offset ("Offset Value") shall be equal to the amount
of death benefit payable to the Participant

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divided by the Tax Adjustment Factor. This Offset Value shall then be
compared to the Participant's Account, and the amounts credited to the
Account shall be reduced, but not to be less than zero, by the Offset Value;
provided, however, that any portion of the Account which is attributable to
compensation deferred during Plan Years in which the Company did not pay
premiums on the Policy shall not be reduced by the Offset Value.

       (c)    The reduction described in Section 9.1(a) or 9.1(b) shall be
made as of the date on which the Participant or his or her beneficiary
becomes entitled to exercise rights under the Policy free of the Company's
security interest.

       (d)    In the event of an offset as described in this Section 9, any
election to receive distribution of the amount credited to a Participant's
Account in the form of installments shall be deemed to be revoked, and any
benefits which are or become payable under this Plan after such offset shall
be paid in a lump sum on the Participant's Payment Eligibility Date.

       IN WITNESS WHEREOF, the Bank has caused this document to be executed
by its duly authorized officer on this 4th day of October, 1994.

                                          CITY NATIONAL BANK

                                          By:    \s\  Marge Luttenbacher
                                          Title: Executive Vice President-
                                                 Human Resources

                                       10<PAGE>

                                 EMPLOYMENT AGREEMENT

       AGREEMENT by and between City National Corporation, a Delaware
corporation (the "Company") and _________________ (the "Executive"), dated as
of ________________.

       The Board of Directors of the Company (the "Board") has determined
that it is in the best interest of the Company and its shareholders to assure
that the Company will have the continued dedication of the Executive,
notwithstanding the possibility, threat or occurrence of a Change of Control
(as defined below) of the Company.  The Board believes it is imperative to
diminish the inevitable distraction of the Executive by virtue of the
personal uncertainties and risks created by a pending or threatened Change of
Control and to encourage the Executive's full attention and dedication to the
Company currently and in the event of any threatened or pending Change of
Control, and to provide the Executive with compensation and benefits
arrangements upon a Change of Control which ensure that the compensation and
benefits expectations of the Executive will be satisfied and which are
competitive with those of other corporations. Therefore, in order to
accomplish these objectives, the Board has caused the Company to enter into
this Agreement.

       NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS:

       1.  CERTAIN DEFINITIONS.

              (a)  The "Effective Date" shall mean the first date during the
Change of Control Period (as defined in Section 1(b)) on which a Change of
Control (as defined in Section 2) occurs.  Anything in this Agreement to the
contrary notwithstanding, if a Change of Control occurs and if the
Executive's employment with the Company is terminated prior to the date on
which the Change of Control occurs, and if it is reasonably demonstrated by
the Executive that such termination of employment (i) was at the request of a
third party who has taken steps reasonably calculated to effect a Change of
Control or (ii) otherwise arose in connection with or anticipation of a
Change of Control, then for all purposes of this Agreement the "Effective
Date" shall mean the date immediately prior to the date of such termination
of employment.

              (b)  The "Change of Control Period" shall mean the period
commencing on the date hereof and ending on the second anniversary of the
date hereof; provided, however that commencing on the date one year after the
date hereof, and on each annual anniversary of such date (such date and each
annual anniversary

                                       1
<PAGE>

thereof shall be hereinafter referred to as the "Renewal Date"), unless
previously terminated, the Change of Control Period shall be automatically
extended so as to terminate two years from such Renewal Date, unless at least
60 days prior to the Renewal Date the Company shall give notice to the
Executive that the Change of Control Period shall not be so extended.

       2.  CHANGE OF CONTROL.  For the purpose of this Agreement, a "Change
of Control" shall mean:

              (a)  The acquisition by any individual, entity or group (within
the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of
1934, as amended (the "Exchange Act")) (a "Person") of beneficial ownership
(within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 20%
or more of either (i) the then outstanding shares of common stock of the
Company (the "Outstanding Company Common Stock") or (ii) the combined voting
power of the then outstanding voting securities of the Company entitled to
vote generally in the election of directors (the "Outstanding Company Voting
Securities"); provided, however, that for purposes of this subsection (a),
the following acquisitions shall not constitute a Change of Control:  (i) any
acquisition directly from the Company, (ii) any acquisition by the Company,
(iii) any acquisition by any employee benefit plan (or related trust)
sponsored or maintained by the Company or any corporation controlled by the
Company, (iv) any acquisition by any corporation pursuant to a transaction
which complies with clauses (i), (ii) and (iii) of subsection (c) of this
Section 2, or (v) any acquisition by the Goldsmith family or any trust or
partnership for the benefit of any member of the Goldsmith family; or

              (b)  Individuals who, as of the date hereof, constitute the
Board (the "Incumbent Board") cease for any reason to constitute at least a
majority of the Board; provided, however, that any individual becoming a
director subsequent to the date hereof whose election, or nomination for
election by the Company's shareholders, was approved by a vote of at least a
majority of the directors then comprising the Incumbent Board shall be
considered as though such individual were a member of the Incumbent Board,
but excluding, for this purpose, any such individual whose initial assumption
of office occurs as a result of an actual or threatened election contest with
respect to the election or removal of directors or other actual or threatened
solicitation of proxies or consents by or on behalf of a Person other than
the Board; or

              (c)  Consummation of a reorganization, merger or consolidation
or sale or other disposition of all or substantially all of the assets of the
Company (a "Business Combination"), in each case, unless, following such
Business Combination, (i) all or substantially all of the individuals and
entities who were the beneficial

                                       2
<PAGE>

owners, respectively, of the Outstanding Company Common Stock and Outstanding
Company Voting Securities immediately prior to such Business Combination
beneficially own, directly or indirectly, more than 50% of, respectively, the
then outstanding shares of common stock and the combined voting power of the
then outstanding voting securities entitled to vote generally in the election
of directors, as the case may be, of the corporation resulting from such
Business Combination (including, without limitation, a corporation which as a
result of such transaction owns the Company or all or substantially all of
the Company's assets either directly or through one or more subsidiaries) in
substantially the same proportions as their ownership, immediately prior to
such Business Combination of the Outstanding Company Common Stock and
Outstanding Company Voting Securities, as the case may be, (ii) no Person
(excluding any corporation resulting from such Business Combination or any
employee benefit plan (or related trust) of the Company or such corporation
resulting from such Business Combination) beneficially owns, directly or
indirectly, 20% or more of, respectively, the then outstanding shares of
common stock of the corporation resulting from such Business Combination or
the combined voting power of the then outstanding voting securities of such
corporation except to the extent that such ownership existed prior to the
Business Combination and (iii) at least a majority of the members of the
board of directors of the corporation resulting from such Business
Combination were members of the Incumbent Board at the time of the execution
of the initial agreement, or of the action of the Board, providing for such
Busiess Combination; or

              (d)  Approval by the shareholders of the Company of a complete
liquidation or dissolution of the Company.

       3.  EMPLOYMENT PERIOD.  The Company hereby agrees to continue the
Executive in its employ, and the Executive hereby agrees to remain in the
employ of the Company subject to the terms and conditions of this Agreement,
for the period commencing on the Effective Date and ending on the [third - for
members of the Strategy and Planning Committee; second - for other members
of the Executive Committee] anniversary of such date (the "Employment Period").

       4.  TERMS OF EMPLOYMENT.

              (a)  POSITION AND DUTIES.

                     (i)  During the Employment Period, (A) the Executive's
position (including status, offices, titles and reporting requirements),
authority, duties and responsibilities shall be at least commensurate in all
material respects with the most significant of those held, exercised and
assigned at any time during the 120-day period immediately preceding the
Effective Date and (B) the Executive's services shall

                                       3
<PAGE>

be performed at the location where the Executive was employed immediately
preceding the Effective Date or any office or location less than 35 miles
from such location.

                     (ii)  During the Employment Period, and excluding any
periods of vacation and sick leave to which the Executive is entitled, the
Executive agrees to devote reasonable attention and time during normal
business hours to the business and affairs of the Company and, to the extent
necessary to discharge the responsibilities assigned to the Executive
hereunder, to use the Executive's reasonable best efforts to perform
faithfully and efficiently such responsibilities.  During the Employment
Period, it shall not be a violation of this Agreement for the Executive to
(A) serve on corporate, civic or charitable boards or committees, (B) deliver
lectures, fulfill speaking engagements or teach at educational institutions
and (C) manage personal investments, so long as such activities do not
significantly interfere with the performance of the Executive's
responsibilities as an employee of the Company in accordance with this
Agreement.

It is expressly understood and agreed that to the extent that any such
activities have been conducted by the Executive prior to the Effective Date,
the continued conduct of such activities (or the conduct of activities
similar in nature and scope thereto) subsequent to the Effective Date shall
not thereafter be deemed to interfere with the performance of the Executive's
responsibilities to the Company.

              (b)  COMPENSATION.

                     (i)  BASE SALARY.  During the Employment Period, the
Executive shall receive an annual base salary ("Annual Base Salary"), which
shall be paid at a monthly rate, at least equal to twelve times the highest
monthly base salary paid or payable, including any base salary which has been
earned but deferred, to the Executive by the Company and its affiliated
companies in respect of the twelve-month period immediately preceding the
month in which the Effective Date occurs.  During the Employment Period, the
Annual Base Salary shall be reviewed no more than 12 months after the last
salary increase awarded to the Executive prior to the Effective Date and
thereafter at least annually.  Any increase in Annual Base Salary shall not
serve to limit or reduce any other obligation to the Executive under this
Agreement.  Annual Base Salary shall not be reduced after any such increase
and the term Annual Base Salary as utilized in this Agreement shall refer to
Annual Base Salary as so increased.  As used in this Agreement, the term
"affiliated companies" shall include any company controlled by, controlling
or under common control with the Company.

                     (ii)  ANNUAL BONUS.  In addition to Annual Base Salary,
the

                                       4
<PAGE>

Executive shall be awarded, for each fiscal year ending during the Employment
Period, an annual bonus (the "Annual Bonus") in cash at least equal to the
Executive's highest bonus under the Company's annual incentive plans for the
last three full fiscal years prior to the Effective Date (annualized in the
event that the Executive was not employed by the Company for the whole of
such fiscal year) (the "Recent Annual Bonus").  Each such Annual Bonus shall
be paid no later that the end of the third month of the fiscal year next
following the fiscal year for which the Annual Bonus is awarded, unless the
Executive shall elect to defer the receipt of such Annual Bonus.

                     (iii)  INCENTIVE, SAVINGS AND RETIREMENT PLANS.  During
the Employment Period, the Executive shall be entitled to participate in all
incentive, savings and retirement plans, practices, policies and programs
applicable generally to other peer executives of the Company and its
affiliated companies, but in no event shall such plans, practice, policies
and programs provide the Executive with incentive opportunities (measured
with respect to both regular and special incentive opportunities, to the
extent, if any, that such distinction is applicable), savings opportunities
and retirement benefit opportunities, in each case, less favorable, in the
aggregate, than the most favorable of those provided by the Company and its
affiliated companies for the Executive under such plans, practices, policies
and programs as in effect at any time during the 120-day period immediately
preceding the Effective Date or if more favorable to the Executive, those
provided generally at any time after the Effective Date to other peer
executives of the Company and its affiliated companies.

                     (iv)  WELFARE BENEFIT PLANS.   During the Employment
Period, the Executive and/or the Executive's family, as the case may be,
shall be eligible for participation in and shall receive all benefits under
welfare benefit plans, practices, policies and programs provided by the
Company and its affiliated companies (including, without limitation, medical,
prescription, dental, disability, employee life, group life, accidental death
and travel accident insurance plans and programs) to the extent applicable
generally to other peer executives of the Company and its affiliated
companies, but in no event shall such plans, practices, policies and programs
provide the Executive with benefits which are less favorable, in the
aggregate, than the most favorable of such plans, practices, policies and
programs in effect for the Executive at any time during the 120-day period
immediately preceding the Effective Date or, if more favorable to the
Executive, those provided generally at any time after the Effective Date to
the other peer executives of the Company and its affiliated companies.

                     (v)  EXPENSES.  During the Employment Period, the
Executive shall be entitled to receive prompt reimbursement for all
reasonable expenses incurred by the Executive in accordance with the most
favorable policies, practices and

                                       5
<PAGE>

procedures of the Company and its affiliated companies in effect for the
Executive at any time during the 120-day period immediately preceding the
Effective Date or, if more favorable to the Executive, as in effect generally
at any time thereafter with respect to other peer executives of the Company
and its affiliated companies.

                     (vi)  FRINGE BENEFITS.  During the Employment Period,
the Executive shall be entitled to fringe benefits, including, without
limitation, tax and financial planning services, payment of club dues, and if
applicable, automobile allowance and/or use of an automobile and payment of
related expenses, in accordance with the most favorable plans, practices,
programs and policies of the Company and its affiliated companies in effect
for the Executive at any time during the 120-day period immediately preceding
the Effective Date or, if more favorable to the Executive, as in effect
generally at any time thereafter with respect to other peer executives of the
Company and its affiliated companies.

                     (vii)  OFFICE AND SUPPORT STAFF.  During the Employment
Period, the Executive shall be entitled to an office or offices of a size and
with furnishings and other appointments, and to exclusive personal
secretarial and other assistance, at least equal to the most favorable of the
foregoing provided to the Executive by the Company and its affiliated
companies at any time during the 120-day period immediately preceding the
Effective Date or, if more favorable to the Executive, as provided generally
at any time thereafter with respect to other peer executives of the Company
and its affiliated companies.

                     (viii)  VACATION.  During the Employment Period, the
Executive shall be entitled to paid vacation in accordance with the most
favorable plans, policies, programs and practices of the Company and its
affiliated companies as in effect for the Executive at any time during the
120-day period immediately preceding the Effective Date or, if more favorable
to the Executive, as in effect generally at any time thereafter with respect
to other peer executives of the Company and its affiliated companies.

       5.  TERMINATION OF EMPLOYMENT.

              (a)  DEATH OR DISABILITY. The Executive's employment shall
terminate automatically upon the Executive's death during the Employment
Period. If the Company determines in good faith that the Disability of the
Executive has occurred during the Employment Period (pursuant to the
definition of Disability set forth below), it may give to the Executive
written notice in accordance with Section 12(b) of this Agreement of its
intention to terminate the Executive's employment.  In such event, the
Executive's employment with the Company shall terminate effective on the 30th
day after receipt of such notice by the Executive (the "Disability Effective

                                       6
<PAGE>

Date"); provided that, within the 30 days after such receipt, the Executive
shall not have returned to full-time performance of the Executive's duties.
For purposes of this Agreement, "Disability" shall mean the absence of the
Executive from the Executive's duties with the Company on a full-time basis
for 180 consecutive business days as a result of incapacity due to mental or
physical illness which is determined to be total and permanent by a physician
selected by the Company or its insurers and acceptable to the Executive or
the Executive's legal representative.

              (b)  CAUSE.  The Company may terminate the Executive's
employment during the Employment Period for Cause.  For purposes of this
Agreement, "Cause" shall mean:

                            (i)  the willful and continued failure of the
Executive to perform substantially the Executive's duties with the Company or
one of its affiliated companies (other than any such failure resulting from
incapacity due to physical or mental illness), after a written demand for
substantial performance is delivered to the Executive by the Board or the
Chief Executive Officer of the Company which specifically identifies the
manner in which the Board or Chief Executive Officer believes that the
Executive has not substantially performed the Executive's duties, or

                     (ii)  the willful engaging by the Executive in illegal
conduct or gross misconduct which is materially and demonstrably injurious to
the Company.

For purposes of this provision, no act or failure to act, on the part of the
Executive, shall be considered "willful" unless it is done, or omitted to be
done, by the Executive in bad faith or without reasonable belief that the
Executive's action or omission was in the best interests of the Company.  Any
act, or failure to act, based upon authority given pursuant to a resolution
duly adopted by the Board or upon the instructions of the Chief Executive
Officer or a senior officer of the Company or based upon the advice of
counsel for the Company shall be conclusively presumed to be done, or omitted
to be done, by the Executive in good faith and in the best interests of the
Company.  The cessation of employment of the Executive shall not be deemed to
be for Cause unless and until there shall have been delivered to the
Executive a copy of a resolution duly adopted by the affirmative vote of not
less than three-quarters of the entire membership of the Board at a meeting
of the Board called and held for such purpose (after reasonable notice is
provided to the Executive and the Executive is given an opportunity, together
with counsel, to be heard before the Board), finding that, in the good faith
opinion of the Board, the Executive is guilty of the conduct described in
subparagraph (i) or (ii) above, and specifying the particulars thereof in
detail.

                                       7
<PAGE>

              (c)  GOOD REASON.  The Executive's employment may be terminated
by the Executive for Good Reason.  For purpose of this Agreement, "Good
Reason" shall mean:

                     (i)  the assignment to the Executive of any duties
inconsistent in any respect with the Executive's position (including status,
offices, titles and reporting requirement), authority, duties or
responsibilities as contemplated by Section 4(a) of this Agreement, or any
other action by the Company which results in a diminution in such position,
authority, duties or responsibilities, excluding for this purpose an
isolated, insubstantial and inadvertent action not taken in bad faith and
which is remedied by the Company promptly after receipt of notice thereof
given by the Executive;

                     (ii)  any failure by the Company to comply with any of
the provisions of Section 4(b) of this Agreement, other than an isolated,
insubstantial and inadvertent failure not occurring in bad faith and which is
remedied by the Company promptly after receipt of notice thereof given by the
Executive;

                     (iii)  the Company's requiring the Executive to be based
at any office or location other than as provided in Section 4(a)(i)(B) hereof
or the Company's requiring the Executive to travel on Company business to a
substantially greater extent than required immediately prior to the Effective
Date;

                     (iv)  any purported termination by the Company of the
Executive's employment otherwise than as expressly permitted by this
Agreement; or

                     (v)  any failure by the Company to comply with and
satisfy Section 11(c) of this Agreement.

For purposes of this Section 5(c), any good faith determination of "Good
Reason" made by the Executive shall be conclusive.  Anything in the Agreement
to the contrary notwithstanding, a termination by the Executive for any
reason during the 30-day period immediately following the first anniversary
of the Effective Date shall be deemed to be a termination for Good Reason for
all purposes of this Agreement.

              (d)  NOTICE OF TERMINATION.  Any termination by the Company for
Cause, or by the Executive for Good Reason, shall be communicated by Notice
of Termination to the other party hereto given in accordance with Section
12(b) of this Agreement.  For purposes of this Agreement, a "Notice of
Termination" means a written notice which (i) indicates the specific
termination provision in this Agreement relied upon, (ii) to the extent
applicable, sets forth in reasonable detail the facts and

                                       8
<PAGE>

circumstances claimed to provide a basis for termination of the Executive's
employment under the provision so indicated and (iii) if the Date of
Termination (as defined below) is other than the date of receipt of such
notice, specifies that termination date (which date shall be not more than
thirty days after the giving of such notice).  The failure by the Executive
or the Company to set forth in the Notice of Termination any fact or
circumstance which contributes to a showing of Good Reason or Cause shall not
waive any right of the Executive or the Company, respectively, hereunder or
preclude the Executive or the Company, respectively, from asserting such fact
or circumstance in enforcing the Executive's or the Company's rights
hereunder.

              (e)  DATE OF TERMINATION.  "Date of Termination" means (i) if
the Executive's employment is terminated by the Company for Cause, or by the
Executive for Good Reason, the date of receipt of the Notice of Termination
or any later date specified therein, as the case may be, (ii) if the
Executive's employment is terminated by the Company other than for Cause or
Disability, the Date of Termination shall be the date on which the Company
notifies the Executive of such termination and (iii) if the Executive's
employment is terminated by reason of death or Disability, the Date of
Termination shall be the date of death of the Executive or the Disability
Effective Date, as the case may be.

       6.  OBLIGATIONS OF THE COMPANY UPON TERMINATION.

              (a)  GOOD REASON; OTHER THAN FOR CAUSE, DEATH OR DISABILITY.
If, during the Employment Period, the Company shall terminate the Executive's
employment other than for Cause or Disability or the Executive shall
terminate employment for Good Reason:

                     (i)  the Company shall pay to the Executive in a lump
sum in cash within 30 days after the Date of Termination the aggregate of the
following amounts:

              A.  the sum of (1) the Executive's Annual Base Salary through
the Date of Termination to the extent not theretofore paid, (2) the product
of (x) the higher of

                     (i)  the Recent Annual Bonus and (II) the Annual Bonus
paid or payable, including any bonus or portion thereof which has been earned
but deferred (and annualized for any fiscal year consisting of less than
twelve full months or during which the Executive was employed for less than
twelve full months), for the most recently completed fiscal year during the
Employment Period, if any (such higher amount being referred to as the
"Highest Annual Bonus") and (y) a fraction, the numerator of which is the
number of days in the current fiscal year through the Date of Termination,
and the denominator of which is 365 and (3) any compensation

                                       9
<PAGE>

previously deferred by the Executive (together with any accrued interest or
earnings thereon) and any accrued vacation pay, in each case to the extent
not theretofore paid (the sum of the amounts described in clauses (1), (2),
and (3) shall be hereinafter referred to as the "Accrued Obligations"); and

              B.  the amount equal to the product of (1)
[three - for members of the Strategy and Planning Committee; two - for
other members of the Executive Committee] and (2) the sum of (x) the
Executive's Annual Base Salary and (y) the Highest Annual Bonus; and

              C.  an amount equal to the contributions to the Executive's
account in the Company's Profit Sharing Plan which the Executive would
receive if the Executive's employment continued for [three - for members of
the Strategy and Planning Committee; two - for other members of the Executive
Committee] years after the Date of Termination assuming for this purpose
that all such contributions are fully vested, and, and assuming that the
Company's contribution to the Profit Sharing Plan in each such year is in
an amount equal to the greatest amount contributed by the Company in any
of the three years ending prior to the Effective Date.

                     (ii)  for [three - for members of the Strategy and Planning
Committee; two - for other members of the Executive Committee] years after the
Executive's Date of Termination, or such longer period as may be provided by the
terms of the appropriate plan, program, practice or policy, the Company shall
continue benefits to the Executive and/or the Executive's family at least equal
to those which would have been provided to them in accordance with the plans,
programs, practices and policies described in Section 4(b)(iv) of the Agreement
if the Executive's employment has not been terminated or, if more favorable to
the Executive, as in effect generally at any time thereafter with respect to
other peer executives of the Company and its affiliated companies and their
families, provided, however, that if the Executive becomes reemployed with
another employer and is eligible to receive medical or other welfare benefits
under another employer provided plan, the medical and other welfare benefits
described herein shall be secondary to those provided under such other plan
during such applicable period of eligibility.

                     (iii)  the Company shall, at its sole expense as
incurred, provide the Executive with out placement services, the scope and
provider of which shall be selected by the Executive in his sole discretion;
and

                     (iv)  to the extent not theretofore paid or provided,
the Company shall timely pay or provide to the Executive any other amounts or
benefits required to be paid or provided or which the Executive is eligible
to receive under any plan,

                                       10
<PAGE>

program, policy or practice or contract or agreement of the Company and its
affiliated companies (such other amounts and benefits shall be hereinafter
referred to as the "Other Benefits").

              (b)  DEATH.  If the Executive's employment is terminated by
reason of the Executive's death during the Employment Period, this Agreement
shall terminate without further obligations to the Executive's legal
representatives under this Agreement, other than for payment of Accrued
Obligations and the timely payment or provision of Other Benefits.  Accrued
Obligations shall be paid to the Executive's estate or beneficiary, as
applicable, in a lump sum in cash within 30 days of the Date of Termination.
With respect to the provision of Other Benefits, the term Other Benefits as
utilized in this Section 6(b) shall include, without limitation, and the
Executive's estate and/or the Executive's beneficiaries shall be entitled to
receive, benefits at least equal to the most favorable benefits provided by
the Company and affiliated companies to the estates and beneficiaries of peer
executives of the Company and such affiliated companies under such plans,
programs, practices and policies relating to death benefits, if any, as in
effect with respect to other peer executives and their beneficiaries at any
time during the 120-day period immediately preceding the Effective Date or,
if more favorable to the Executive's estate and/or the Executive's
beneficiaries, as in effect on the date of Executive's death with respect to
other peer executives of the Company and its affiliated companies and their
beneficiaries.

              (c)  DISABILITY.  If the Executive's employment is terminated
by reason of the Executive's Disability during the Employment Period, this
Agreement shall terminate without further obligations to the Executive, other
than for payment of Accrued Obligations and the timely payment or provision
of Other Benefits.  Accrued Obligations shall be paid to the Executive in a
lump sum in cash within 30 days of the Date of Termination.  With respect to
the provision of Other Benefits, the term Other Benefits as utilized in this
Section 6(c) shall include, and the Executive shall be entitled after the
Disability Effective Date to receive, disability and other benefits at least
equal to the most favorable of those generally provided by the Company and
its affiliated companies to disabled executives and/or their families in
accordance with such plans, programs, practices and policies relating to
disability, if any, as in effect generally with respect to other peer
executives and their families at any time during the 120-day period
immediately preceding the Effective Date or, if more favorable to the
Executive and/or the Executive's family, as in effect at any time thereafter
generally with respect to other peer executives of the Company and its
affiliated companies and their families.

              (d)  CAUSE; OTHER THAN FOR GOOD REASON.  If the Executive's
employment shall be terminated for Cause during the Employment Period, this
Agreement shall terminate without further obligation to the Executive other
than the obligation to pay

                                       11
<PAGE>

to the Executive (x) his Annual Base Salary through the Date of Termination,
(y) the amount of any compensation previously deferred by the Executive, and
(z) Other Benefits, in each case to the extent theretofore unpaid.  If the
Executive voluntarily terminates employment during the Employment Period,
excluding a termination for Good Reason, this Agreement shall terminate
without further obligations to the Executive, other than for Accrued
Obligations and the timely payment or provision of Other Benefits.  In such
case, all Accrued Obligations shall be paid to the Executive in a lump sum in
cash within 30 days of the Date of Termination.

       7.  NON-EXCLUSIVITY OF RIGHTS.  Nothing in this Agreement shall
prevent or limit the Executive's continuing or future participation in any
plan, program, policy or practice provided by the Company or any of its
affiliated companies and for which the Executive may qualify, nor, subject to
Section 12(f), shall anything herein limit or otherwise affect such rights as
the Executive may have under any contract or agreement with the Company or
any of its affiliated companies.  Amounts which are vested benefits or which
the Executive is otherwise entitled to receive under any plan, policy,
practice or program of or any contract or agreement with the Company or any
of its affiliated companies at or subsequent to the Date of Termination shall
be payable in accordance with such plan, policy, practice or program or
contract or agreement except as explicitly modified by this Agreement.

       8.  FULL SETTLEMENT.  The Company's obligation to make the payment
provided for in this Agreement and otherwise to perform its obligations
hereunder shall not be affected by any set-off, counterclaim, recoupment,
defense or other claim, right or action which the Company may have against
the Executive or others.  In no event shall the Executive be obligated to
seek other employment or take any other action by way of mitigation of the
amounts payable to the Executive under any of the provisions of this
Agreement and such amounts shall not be reduced whether or not the Executive
obtains other employment.  The Company agrees to pay as incurred, to the full
extent permitted by law, all legal fees and expenses which the Executive may
reasonably incur as a result of any contest (regardless of the outcome
thereof) by the Company, the Executive or others of the validity or
enforceability of, or liability under, any provision of this Agreement or any
guarantee of performance thereof (including as a result of any contest by the
Executive about the amount of any payment pursuant to this Agreement), plus
in each case interest on any delayed payment at the applicable Federal rate
provided for in Section 7872(f)(2)(A) of the Internal Revenue Code of 1986,
as amended (the "Code").

       9.  CERTAIN ADDITIONAL PAYMENTS BY THE COMPANY.

              (a)  Anything in this Agreement to the contrary notwithstanding
and except as set forth below, in the event it shall be determined that any
payment or distribution by the Company to or for the benefit of the Executive
(whether paid or

                                       12
<PAGE>

payable or distributed or distributable pursuant to the terms of this
Agreement or otherwise, but determined without regard to any additional
payments required under this Section 9) ( a "Payment") would be subject to
the excise tax imposed by Section 4999 of the Code or any interest or
penalties are incurred by the Executive with respect to such excise tax (such
excise tax, together with any such interest and penalties, are hereinafter
collectively referred to as the "Excise Tax"), then the Executive shall be
entitled to receive an additional payment (a "Gross-Up Payment") in an amount
such that after payment by the Executive of all taxes (including any interest
or penalties imposed with respect to such taxes), including, without
limitation, any income taxes (and any interest and penalties imposed with
respect thereto) and Excise tax imposed upon the Gross-Up Payment, the
Executive retains an amount of the Gross-Up Payment equal to the Excise Tax
imposed upon the Payments. Notwithstanding the foregoing provisions of this
Section 9(a), if it shall be determined that the Executive is entitled to a
Gross-Up Payment, but that the Payments do not exceed 110% of the greatest
amount (the "Reduced Amount") that could be paid to the Executive such that
the receipt of Payments would not give rise to any Excise Tax, then no
Gross-Up Payment shall be made to the Executive and the Payments, in the
aggregate, shall be reduced to the Reduced Amount.

              (b)  Subject to the provisions of Section 9(c), all
determinations required to be made under this Section 9, including whether
and when a Gross-Up Payment is required and the amount of such Gross-Up
Payment and the assumptions to be utilized in arriving at such determination,
shall be made by KPMG Peat Marwick or such other certified public accounting
firm as may be designated by the Executive (the "Accounting Firm") which
shall provide detailed supporting calculations both to the Company and the
Executive within 15 business days of the receipt of notice from the Executive
that there has been a Payment, or such earlier time as is requested by the
Company.  In the event that the Accounting Firm is serving as accountant or
auditor for the individual, entity or group effecting the Change of Control,
the Executive shall appoint another nationally recognized accounting firm to
make the determinations required hereunder (which accounting firm shall then
be referred to as the Accounting Firm hereunder). All fees and expenses of
the Accounting Firm shall be borne solely by the Company.  Any Gross-Up
Payment, as determined pursuant to this Section 9, shall be paid by the
Company to the Executive within five days of the receipt of the Accounting
Firm's determination.  Any determination by the Accounting Firm shall be
binding upon the Company and the Executive.  As a result of the uncertainty
in the application of Section 4999 of the Code at the time of the initial
determination by the Accounting Firm hereunder, it is possible that Gross-Up
Payments which will not have been made by the Company should have been made
("Underpayment"), consistent with the calculations required to be made
hereunder.  In the event that the Company exhausts its remedies pursuant to
Section 9(c) and the Executive thereafter is required to make a payment of
any Excise Tax, the Accounting Firm shall determine the amount of the
Underpayment that has occurred and any such Underpayment shall be promptly
paid by the Company to or for the

                                       13
<PAGE>

benefit of the Executive.

              (c)  The Executive shall notify the Company in writing of any
claim by the Internal Revenue Service that, if successful, would require the
payment by the Company of the Gross-Up Payment.  Such notification shall be
given as soon as practicable but no later than ten business days after the
Executive is informed in writing of such claim and shall apprise the Company
of the nature of such claim and the date on which such claim is requested to
be paid.  The Executive shall not pay such claim prior to the expiration of
the 30-day period following the date on which it gives such notice to the
Company (or such shorter period ending on the date that any payment of taxes
with respect to such claim is due).  If the Company notifies the Executive in
writing prior to the expiration of such period that it desires to contest
such claim, the Executive shall:

                     (i)  give the Company any information reasonably
requested by the Company relating to such claim,

                     (ii)  take such action in connection with contesting
such claim as the Company shall reasonably request in writing from time to
time, including, without limitation, accepting legal representation with
respect to such claim by an attorney reasonably selected by the Company.

                     (iii)  cooperate with the Company in good faith in order
effectively to contest such claim, and

                     (iv)  permit the Company to participate in any
proceedings relating to such claim;

provided, however, that the Company shall bear and pay directly all costs and
expenses (including additional interest and penalties) incurred in connection
with such contest and shall indemnify and hold the Executive harmless, on an
after-tax basis, for any Excise Tax or income tax (including interest and
penalties with respect thereto) imposed as a result of such representation
and payment of costs and expenses.  Without limitation on the foregoing
provisions of this Section 9(c), the Company shall control all proceedings
taken in connection with such contest and, at its sole option, may pursue or
forgo any and all administrative appeals, proceedings, hearings and
conferences with the taxing authority in respect of such claim and may, at
its sole option, either direct the Executive to pay the tax claimed and sue
for a refund or contest the claim in any permissible manner, and the
Executive agrees to prosecute such contest to a determination before any
administrative tribunal, in a court of initial jurisdiction and in one or
more appellate courts, as the Company shall

                                       14
<PAGE>

determine; provided, however, that if the Company directs the Executive to
pay such claim and sue for a refund, the Company shall advance the amount of
such payment to the Executive, on an interest-free basis and shall indemnify
and hold the Executive harmless, on an after-tax basis, from any Excise Tax
or income tax (including interest or penalties with respect thereto) imposed
with respect to such advance or with respect to any imputed income with
respect to such advance; and further provided that any extension of the
statute of limitations relating to payment of taxes for the taxable year of
the Executive with respect to which such contested amount is claimed to be
due is limited solely to such contested amount.  Furthermore, the Company's
control of the contest shall be limited to issues with respect to which a
Gross-Up Payment would be payable hereunder and the Executive shall be
entitled to settle or contest, as the case may be, any other issue raised by
the Internal Revenue Service or any other taxing authority.

              (d)  If, after the receipt by the Executive of an amount
advanced by the Company pursuant to Section 9(c), the Executive becomes
entitled to receive any refund with respect to such claim, the Executive
shall (subject the Company's complying with the requirements of Section 9(c))
promptly pay to the Company the amount of such refund (together with any
interest paid or credited thereon after taxes applicable thereto).  If, after
the receipt by the Executive of an amount advanced by the Company pursuant to
Section 9(c), a determination is made that the Executive shall not be
entitled to any refund with respect to such claim and the Company does not
notify the Executive in writing of its intent to contest such denial of
refund prior to the expiration of 30 days after such determination, then such
advance shall be forgiven and shall not be required to be repaid and the
amount of such advance shall offset, to the extent thereof, the amount of
Gross-Up Payment required to be paid.

       10.  CONFIDENTIAL INFORMATION.  The Executive shall hold in a
fiduciary capacity for the benefit of the Company all secret or confidential
information, knowledge or data relating to the Company or any of its
affiliated companies, and their respective businesses, which shall have been
obtained by the Executive during the Executive's employment by the Company or
any of its affiliated companies and which shall not be or become public
knowledge (other than by acts by the Executive or representative of the
Executive in violation of this Agreement).  After termination of the
Executive's employment with the Company, the Executive shall not, without the
prior written consent of the Company or as may otherwise be required by law
or legal process, communicate or divulge any such information, knowledge or
data to anyone other than the Company and those designated by it.  In no
event shall an asserted violation of the provisions of this Section 10
constitute a basis for deferring or withholding any amounts otherwise payable
to the Executive under this Agreement.

                                       15
<PAGE>
       11.  SUCCESSORS.

              (a)  This Agreement is personal to the Executive and without
the prior written consent of the Company shall not be assignable by the
Executive otherwise than by will or the laws of descent and distribution.
This Agreement shall inure to the benefit of and be enforceable by the
Executive's legal representative.

              (b)  This Agreement shall inure to the benefit of and be
binding upon the Company and its successors and assigns.

              (c)  The Company will require any successor (whether direct or
indirect, by purchase, merger, consolidation or otherwise) to all or
substantially all of the business and/or assets of the Company to assume
expressly and agree to perform this Agreement in the same manner and to the
same extent that the Company would be required to perform it if no such
succession had taken place.  As used in this Agreement, "Company" shall mean
the Company as hereinbefore defined and any successor to its business and/or
assets as aforesaid which assumes and agrees to perform this Agreement by
operation of law, or otherwise.

       12.  MISCELLANEOUS.

              (a)  This Agreement shall be governed by and construed in
accordance with the laws of the State of Delaware, without reference to
principles of conflict of laws.  The captions of this Agreement are not part
of the provisions hereof and shall have no force or effect.  This Agreement
may not be amended or modified otherwise than by a written agreement executed
by the parties hereto or their respective successors and legal
representatives.

              (b)  All notices and other communications hereunder shall be in
writing and shall be given by hand delivery to the other party or by
registered or certified mail, return receipt requested, postage prepaid,
addressed as follows:

IF TO THE EXECUTIVE:        _______________________
                            _______________________
                            _______________________

IF TO THE COMPANY:          City National Bank
                            400 North Roxbury Drive
                            Beverly Hills, CA  90210
                            Attention:  Chief Executive Officer

or to such other address as either party shall have furnished to the other in
writing in accordance herewith.  Notice and communications shall be effective
when actually

                                       16
<PAGE>

received by the addressee.

              (c)  The invalidity or uneforceability of any provision of this
Agreement shall not affect the validity or enforceability of any other
provision of this Agreement.

              (d)  The Company may withhold from any amounts payable under
this Agreement such Federal, state, local or foreign taxes as shall be
required to be withheld pursuant to any applicable law or regulation.

              (e)  The Executive's or the Company's failure to insist upon
strict compliance with any provision of this Agreement or the failure to
assert any right the Executive or the Company may have hereunder, including,
without limitation, the right of the Executive to terminate employment for
Good Reason pursuant to Section 5(c)-(v) of this Agreement, shall not be
deemed to be a waiver of such provision or right or any other provision or
right of the Agreement.

              (f)  The Executive and the Company acknowledge that, except as
may otherwise be provided under any other written agreement between the
Executive and the Company, the employment of the Executive by the Company is
"at will" and, subject to Section 1(a) hereof, prior to the Effective Date,
the Executive's employment and/or this Agreement may be terminated by either
the Executive or the Company at any time prior to the Effective Date, in
which case the Executive shall have no further rights under this Agreement.
From and after the Effective Date this Agreement shall supersede any other
agreement between the parties with respect to the subject matter hereof.

       IN WITNESS WHEREOF, the Executive has hereunto set the Executive's
hand and, pursuant to the authorization from its Board of Directors, the
Company has caused these presents to be executed in its name on its behalf,
all as of the day and year first above written.

                                          ----------------------------
                                          [Name]

                                          CITY NATIONAL CORPORATION

                                          By
                                            --------------------------

                                       17

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