Document:

exhibit10-5c.htm

    

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Exhibit
10.5c

      

      AMENDMENTS
TO THE

      AMENDED
AND RESTATED EMPLOYMENT AGREEMENT BETWEEN

      GEORGE
W. HALIGOWSKI, IMPERIAL CAPITAL BANCORP, INC.

      AND
IMPERIAL CAPITAL BANK

      TO
COMPLY WITH INTERNAL REVENUE CODE SECTION 409A

      

      WHEREAS,
on February 24, 2006, George W. Haligowski entered into an amended and restated
employment agreement with Imperial Capital Bancorp, Inc. (formerly known as ITLA
Capital Corporation) and Imperial Capital Bank (the “Agreement”);
and

       

      WHEREAS,
the Agreement includes provisions that provide for deferred compensation and
therefore must be amended to comply with Section 409A of the Internal Revenue
Code and the regulations and guidance of general applicability issued
thereunder; and

       

      WHEREAS,
the Agreement may be amended by a writing signed by the parties to the
Agreement.

       

      NOW,
THEREFORE, the foregoing considered, it is agreed as follows:

       

      That
effective as of January 1, 2005, the Agreement is amended to include the
Appendix A, which is attached hereto and included herein by this
reference.

       

      IN
WITNESS WHEREOF, this Amendment has been executed, this 31st day of
December, 2008, effective as of January 1, 2005.

       

       

      IMPERIAL
CAPITAL BANCORP, INC.

       

      By:            /s/ Jeffrey L.
Lipscomb

       

      IMPERIAL
CAPITAL BANK

       

      By:            /s/ Jeffrey L.
Lipscomb

       

      GEORGE W.
HALIGOWSKI

                                                                                                      

                                                                                                     
By:           /s/ George W.
Haligowski                                                                

      
        
           

        

        
          -1-

          
            

          

        

        
           

        

      

       

      APPENDIX
A

       

      Provisions
Relating to Code Section 409A

       

      1. Timing of Annual Incentive
Plan and Bonus Payments.

       

      Annual
Incentive Compensation Plan and bonus payments provided for under Paragraph 4(c)
of the Agreement shall be paid no later than 21⁄2 months after the end of the year
in which the Executive obtains a legally binding right to such
payments.

       

      2. Pre-Change in Control
Involuntary Termination Payments under Paragraph 7(a)(ii)

       

      The lump
sum election under Paragraph 7(a)(ii) of the Agreement is eliminated.
Accordingly, Paragraph 7(a)(ii) shall read as follows:

       

      (ii) pay
to the Executive a single lump sum payment equal to the sum of the monthly
payments the Executive would receive if he were paid monthly amounts over the
remaining term of this Agreement equal to (A) one-twelfth of his Base Salary at
the highest annual rate in effect during the three years prior to the Date of
Termination and (B) one-twelfth of the average annual amount of cash bonus and
cash incentive compensation of the Executive, based on the average of the
amounts of such compensation earned by the Executive for the two full fiscal
years preceding the Date of Termination; and

       

      3. Change in Control
Involuntary Termination Payments under Paragraph 7(b)

       

      The
election under Paragraph 7(b) of the Agreement (whereunder the Executive may
receive certain alternative benefits in exchange for a reduction in his lump sum
benefit) shall be limited or eliminated to the extent necessary to comply with
Section 409A.

      
        
           

        

        
          -2-exhibit10-6a.htm

    

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Exhibit
10.6a

      

      AMENDMENTS
TO THE

      CHANGE
IN CONTROL SEVERANCE AGREEMENT

      BETWEEN

      IMPERIAL
CAPITAL BANCORP, INC. AND NORVAL L. BRUCE

      TO
COMPLY WITH

      INTERNAL
REVENUE CODE SECTION 409A

      

       

      WHEREAS,
on February 1, 2006, Norval L. Bruce entered into a Change in Control Severance
Agreement with Imperial Capital Bancorp, Inc. (formerly known as ITLA Capital
Corporation) (the “Agreement”); and

       

      WHEREAS,
the Agreement includes an election provision that may provide for deferred
compensation and therefore must be amended to comply with Section 409A of the
Internal Revenue Code and the regulations and guidance of general applicability
issued thereunder; and

       

      WHEREAS,
the Agreement may be amended by a writing signed by the parties to the
Agreement.

       

      NOW,
THEREFORE, the foregoing considered, it is agreed as follows:

       

      That
effective as of January 1, 2005, the Agreement is amended by revising Paragraph
3(a)(2) to read as follows:

       

      “(2)  a
sum equal to 24 times the monthly premium cost being paid by the Company to
provide such health, dental and life insurance benefits as are maintained for
the Employee on the Date of Termination, with the monthly premium cost being
determined immediately prior to the Date of Termination;”

       

      IN
WITNESS WHEREOF, this Amendment has been executed this 31st day of December,
2008, effective as of January 1, 2005.

       

       

      IMPERIAL
CAPITAL BANCORP, INC.

       

      By:            /s/ Jeffrey L.
Lipscomb

       

      NORVAL L.
BRUCE

       

      By:            /s/ Norval L.
Bruceexhibit10-7a.htm

    

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Exhibit
10.7a

      

      AMENDMENTS
TO THE

      CHANGE
IN CONTROL SEVERANCE AGREEMENT

      BETWEEN

      IMPERIAL
CAPITAL BANCORP, INC. AND TIMOTHY M. DOYLE

      TO
COMPLY WITH

      INTERNAL
REVENUE CODE SECTION 409A

      

       

      WHEREAS,
on February 1, 2006, Timothy M. Doyle entered into a Change in Control Severance
Agreement with Imperial Capital Bancorp, Inc. (formerly known as ITLA Capital
Corporation) (the “Agreement”); and

       

      WHEREAS,
the Agreement includes an election provision that may provide for deferred
compensation and therefore must be amended to comply with Section 409A of the
Internal Revenue Code and the regulations and guidance of general applicability
issued thereunder; and

       

      WHEREAS,
the Agreement may be amended by a writing signed by the parties to the
Agreement.

       

      NOW,
THEREFORE, the foregoing considered, it is agreed as follows:

       

      That
effective as of January 1, 2005, the Agreement is amended by revising Paragraph
3(a)(2) to read as follows:

       

      “(2)  a
sum equal to 36 times the monthly premium cost being paid by the Company to
provide such health, dental and life insurance benefits as are maintained for
the Employee on the Date of Termination, with the monthly premium cost being
determined immediately prior to the Date of Termination;”

       

      IN
WITNESS WHEREOF, this Amendment has been executed this 31st day of December,
2008, effective as of January 1, 2005.

       

       

      IMPERIAL
CAPITAL BANCORP, INC.

       

      By:            /s/ Jeffrey L.
Lipscomb

       

      TIMOTHY
M. DOYLE

       

      By:            /s/ Timothy M.
Doyleexhibit10-8a.htm

    

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Exhibit
10.8a

      

      AMENDMENTS
TO THE

      CHANGE
IN CONTROL SEVERANCE AGREEMENT

      BETWEEN

      IMPERIAL
CAPITAL BANCORP, INC. AND LYLE C. LODWICK

      TO
COMPLY WITH

      INTERNAL
REVENUE CODE SECTION 409A

      

       

      WHEREAS,
on February 1, 2006, Lyle C. Lodwick entered into a Change in Control Severance
Agreement with Imperial Capital Bancorp, Inc. (formerly known as ITLA Capital
Corporation) (the “Agreement”); and

       

      WHEREAS,
the Agreement includes an election provision that may provide for deferred
compensation and therefore must be amended to comply with Section 409A of the
Internal Revenue Code and the regulations and guidance of general applicability
issued thereunder; and

       

      WHEREAS,
the Agreement may be amended by a writing signed by the parties to the
Agreement.

       

      NOW,
THEREFORE, the foregoing considered, it is agreed as follows:

       

      That
effective as of January 1, 2005, the Agreement is amended by revising Paragraph
3(a)(2) to read as follows:

       

      “(2)  a
sum equal to 18 times the monthly premium cost being paid by the Company to
provide such health, dental and life insurance benefits as are maintained for
the Employee on the Date of Termination, with the monthly premium cost being
determined immediately prior to the Date of Termination;”

       

      IN
WITNESS WHEREOF, this Amendment has been executed this 31st day of December,
2008, effective as of January 1, 2005.

       

       

      IMPERIAL
CAPITAL BANCORP, INC.

       

      By:            /s/ Jeffrey L.
Lipscomb

       

      LYLE C.
LODWICK

       

      By:            /s/ Lyle C.
Lodwickexhibit10-9a.htm

    

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Exhibit
10.9a

      

      AMENDMENTS
TO THE

      CHANGE
IN CONTROL SEVERANCE AGREEMENT

      BETWEEN

      IMPERIAL
CAPITAL BANCORP, INC. AND PHILLIP E. LOMBARDI

      TO
COMPLY WITH

      INTERNAL
REVENUE CODE SECTION 409A

      

       

      WHEREAS,
on February 1, 2006, Phillip E. Lombardi entered into a Change in Control
Severance Agreement with Imperial Capital Bancorp, Inc. (formerly known as ITLA
Capital Corporation) (the “Agreement”); and

       

      WHEREAS,
the Agreement includes an election provision that may provide for deferred
compensation and therefore must be amended to comply with Section 409A of the
Internal Revenue Code and the regulations and guidance of general applicability
issued thereunder; and

       

      WHEREAS,
the Agreement may be amended by a writing signed by the parties to the
Agreement.

       

      NOW,
THEREFORE, the foregoing considered, it is agreed as follows:

       

      That
effective as of January 1, 2005, the Agreement is amended by revising Paragraph
3(a)(2) to read as follows:

       

      “(2)  a
sum equal to 18 times the monthly premium cost being paid by the Company to
provide such health, dental and life insurance benefits as are maintained for
the Employee on the Date of Termination, with the monthly premium cost being
determined immediately prior to the Date of Termination;”

       

      IN
WITNESS WHEREOF, this Amendment has been executed this 31st day of December,
2008, effective as of January 1, 2005.

       

       

      IMPERIAL
CAPITAL BANCORP, INC.

       

      By:            /s/ Jeffrey L.
Lipscomb

       

      PHILLIP
E. LOMBARDI

       

      By:            /s/ Phillip E.
Lombardi

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