Document:

Amendment to Employment Agreement - David E. Hooston and the Registrant

 EXHIBIT 10.17 
  
 AMENDMENT TO 
 EMPLOYMENT AGREEMENT 
  
 This Amendment to
Employment Agreement (“Amendment”), dated as of October 26, 2004 (“Effective Date”), is entered into by and between PLACER SIERRA BANCSHARES (“PLSB”) and DAVID E. HOOSTON (“Employee”). 
  
 A. PLSB and Employee are parties to that certain Employment Agreement, dated
January 1, 2003 and subsequent amendments to that agreement (jointly as “Agreement”). 
  
 B. The Agreement referred to the Company as First California Bancshares, a California Corporation. PLSB is the current name of Company and it assumes the
duties and benefits of the Agreement. PLSB and Employee seek to confirm the employment status of Employee with PLSB. 
  
 C. PLSB and Employee desire to amend the Agreement as set forth in this Amendment. 
  
 Now, therefore, the Agreement is hereby amended as follows: 
  
 AMENDMENT 
  
 1. Reporting Responsibility. Employee shall hereafter report directly to the Chairman and Chief Executive Officer of PLSB. This amendment will not
alter Employee’s compensation or benefits which will continue to be received pursuant to the terms of the Agreement. 
  
 2. Affirmation. In order to induce each other to enter into this Amendment, the parties hereby confirm that all terms and provisions of the
Agreement have been and continue to be in all respects in full force and effect, and no violation of the terms and conditions of the Agreement has occurred. 
  
 3. Amendment. Except as expressly set forth in this Amendment, this Amendment shall not alter, amend, or otherwise modify the terms and provisions
of the Agreement. From and after the Effective Date, all references in the Agreement to “the Agreement,” “this Agreement” or any similar reference shall refer to the Agreement as amended by this Amendment. Capitalized words or
terms used in this Amendment are defined words or terms, the definitions of which are set forth in the Agreement unless otherwise defined in this Amendment. 
  
 IN WITNESS WHEREOF, the parties have executed this Amendment as of the Effective Date. 
  

									
	PLACER SIERRA BANCSHARES	 	 	 	 
					
	 By:
	 	 /s/ Ronald W. Bachli
	 	 	 	 	 	 /s/ David E. Hooston

	 Its:
	 	 Chairman and CEO
	 	 	 	 	 	DAVID E. HOOSTON

  

 -1-Amendment to Employment Agreement - Randall Reynoso & Placer Sierra Bank

 EXHIBIT 10.20 
  
 AMENDMENT TO 
 EMPLOYMENT AGREEMENT 
  
 This Amendment to
Employment Agreement (“Amendment”), dated as of June 1, 2004 (“Effective Date”), is entered into by and among PLACER SIERRA BANK, a California banking corporation (“Bank”) and RANDALL REYNOSO (“Employee”).

  
 A. Bank and Employee are parties to that certain Employment
Agreement, dated October 28, 2003 “Agreement”). 
  
 B.
Bank and Employee desire to amend the Agreement as set forth in this Amendment. 
  
 Now, therefore, the Agreement is hereby amended as follows: 
  
 AMENDMENT 
  
 1.
Health, Life and Disability Insurance. Section 4(e) of the Agreement is amended to read in its entirety as follows: 
  
 (e) Health, Life and Disability Insurance. Bank shall provide for Employee’s participation in group medical, dental,
vision, life and disability insurance benefits available under the group insurance programs maintained by Bank for its employees. The amount paid by Bank for such group medical, dental, vision, life and disability insurance for Employee shall be an
amount equal to that portion paid by Bank for each of its employees in accordance with its usual and customary practices. Employee shall have the right, in Employee’s discretion, to designate the beneficiary or beneficiaries of any such
insurance. Bank reserves the right to modify and amend such benefits from time to time. As provided under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”) respecting continuation of any insurance coverage, Employee
shall, upon a loss of any such coverage for himself under Bank’s health, dental and/or vision plans (if any) resulting from (1) termination of Employee’s employment (for any reason other than for gross misconduct) or (2) a reduction in his
hours, be entitled to exercise her COBRA rights. Employee shall pay all premiums for any such continuation coverage(s) elected by Employee. 
  
 2. Affirmation. In order to induce each other to enter into this Amendment, the parties hereby confirm that all terms and provisions of the
Agreement have been and continue to be in all respects in full force and effect, and no violation of the terms and conditions of the Agreement has occurred. 
  
 3. Amendment. Except as expressly set forth in this Amendment, this Amendment shall not alter, amend, or otherwise modify the terms and
provisions of the Agreement. From and after the Effective Date, all references in the Agreement to “the Agreement,” “this Agreement” or any similar reference shall refer to the Agreement as amended by this Amendment. Capitalized
words or terms used in this Amendment are defined words or terms, the definitions of which are set forth in the Agreement unless otherwise defined in this Amendment. 
  

 -1- 

 IN WITNESS WHEREOF, the parties have executed this Amendment as of the Effective Date. 
  

					
	“Bank”	 	“EMPLOYEE”
		
	PLACER SIERRA BANK	 	 /s/ Randall Reynoso

	  
 By:
	 	  
 /s/ Ken Johnson

	 	RANDALL REYNOSO
	 	 	 Executive Vice President and
 Human Resources
Director
	 	 

  

 -2-Amend. to Employment Agmt. between Randall Reynoso and Placer Sierra Bancshares

 EXHIBIT 10.21 
  
 AMENDMENT TO 
 EMPLOYMENT AGREEMENT 
  
 This Amendment to
Employment Agreement (“Amendment”), dated as of October 26, 2004 (“Effective Date”), is entered into by and among PLACER SIERRA BANK, a California banking corporation (“Bank”) and PLACER SIERRA BANCSHARES
(“PLSB”) (hereafter jointly as (“Employer”), and RANDALL REYNOSO (“Employee”). 
  
 A. Bank and Employee are parties to that certain Employment Agreement, dated October 28, 2003 and an amendment to that agreement dated June 1, 2004
(jointly as “Agreement”). 
  
 B. Bank is a wholly owned
subsidiary of PLSB and Employer seek to confirm the employment status of Employee. 
  
 C. Employer and Employee desire to amend the Agreement as set forth in this Amendment. 
  
 Now, therefore, the Agreement is hereby amended as follows: 
  
 AMENDMENT 
  
 1. Additional Duties. Employee currently serves as the President and Chief Operating Officer of Bank. Employer and Employee hereby agree that
Employee will also now assume the duties and title of President and Chief Operating Officer of PLSB. This Amendment will not alter Employee’s compensation or benefits which will continue to be received pursuant to the terms of the Agreement.

  
 2. Affirmation. In order to induce each other to enter
into this Amendment, the parties hereby confirm that all terms and provisions of the Agreement have been and continue to be in all respects in full force and effect, and no violation of the terms and conditions of the Agreement has occurred.

  
 3. Amendment. Except as expressly set forth in this
Amendment, this Amendment shall not alter, amend, or otherwise modify the terms and provisions of the Agreement. From and after the Effective Date, all references in the Agreement to “the Agreement,” “this Agreement” or any
similar reference shall refer to the Agreement as amended by this Amendment. Capitalized words or terms used in this Amendment are defined words or terms, the definitions of which are set forth in the Agreement unless otherwise defined in this
Amendment. 
  
  

 -1- 

 IN WITNESS WHEREOF, the parties have executed this Amendment as of the Effective Date. 
  

					
	PLACER SIERRA BANK	 	 
			
	By:	 	 /s/ Ronald W. Bachli

	 	 
	 	 	Chairman and CEO	 	 /s/ Randall Reynoso

	 	 	 	 	RANDALL REYNOSO
		
	PLACER SIERRA BANCSHARES	 	 
			
	By:	 	 /s/ Ronald W. Bachli

	 	 
	 	 	Chairman and CEO	 	 

  

 -2-Amend. to Employment Agmt. between Randall Reynoso and the Registrant

 EXHIBIT 10.22 
  
 SECOND AMENDMENT TO EMPLOYMENT AGREEMENT 
  
 This Second Amendment to Employment Agreement (“Amendment”), dated as of December 31, 2004 (“Effective
Date”), is entered into by and among PLACER SIERRA BANK, a California banking corporation (“Bank”) and PLACER SIERRA BANCSHARES (“PLSB”) (hereafter jointly as (“Employer”), and RANDALL REYNOSO
(“Employee”). 
  
 A. Bank and Employee are parties to
that certain Employment Agreement, dated October 28, 2003 and an amendment to that agreement dated June 1, 2004 (jointly as “Agreement”). 
  
 B. Bank is a wholly owned subsidiary of PLSB and Employer seek to confirm the employment status of Employee. 
  
 C. Employer and Employee desire to amend the Agreement as set forth in this
Amendment. 
  
 Now, therefore, the Agreement is hereby amended as
follows: 
  
 AMENDMENT 
  
 1. Additional Duties. Employee currently serves as the
President and Chief Operating Officer of Bank. Employer and Employee hereby agree that Employee will also now assume the duties and title of President and Chief Operating Officer of PLSB. This Amendment will not alter Employee’s compensation or
benefits which will continue to be received pursuant to the terms of the Agreement, except as noted below. 
  
 2. Change in Base Salary. Effective January 1, 2005, Employee’s base compensation delineated in section 4(a) of the Agreement shall be changed
from $250,000 per year to $275,000 per year, less payroll taxes and withholding required by federal, state or local law and any additional withholding to which Employee agrees in writing. Said Base Salary shall be payable in semi-monthly
installments in accordance with Employer’s normal payroll procedures. The Board shall review the Base Salary not less than sixty (60) days prior to January 1, 2006, and thereafter not less than sixty (60) days prior to each new calendar year,
and shall determine, in its sole, absolute and unreviewable discretion, whether to increase the Base Salary for the subsequent twelve (12) months of the Employment Term. Any increase in Base Salary so determined by the Board shall become effective
January 1 of the respective calendar year. The Base Salary shall be prorated for any partial year in which this Agreement is in effect. 
  
 3. Severance Pay. The severance pay provisions contained in sections 5(a), 5(b) and 5(c) of the Employment Agreement are hereby
amended to substitute “twenty-four (24) months” instead of “twelve (12) months” of severance pay. As such, in all instances in which Employee would be eligible for severance pay per the Employment Agreement, Employee shall be
eligible instead to receive twenty-four (24) months of Employee’s then current Base Salary, as defined in section 4(a) of the Employment Agreement, together with any incentive bonus prorated, if necessary, for a partial year of employment (less
payroll taxes and withholding required by any federal, state or local law, any additional withholding to which Employee has agreed, and any outstanding obligations owed by the Employee to Bank). In all other respects, the provisions of the
Employment Agreement relating to severance pay upon termination and incentive bonus in section 5 remain unchanged. 
  

 -1- 

 4. Affirmation. In order to induce each other to enter into this Amendment, the parties
hereby confirm that all terms and provisions of the Agreement have been and continue to be in all respects in full force and effect, and no violation of the terms and conditions of the Agreement has occurred. 
  
 5. Amendment. Except as expressly set forth in this Amendment,
this Amendment shall not alter, amend, or otherwise modify the terms and provisions of the Agreement. From and after the Effective Date, all references in the Agreement to “the Agreement,” “this Agreement” or any similar
reference shall refer to the Agreement as amended by this Amendment. Capitalized words or terms used in this Amendment are defined words or terms, the definitions of which are set forth in the Agreement unless otherwise defined in this Amendment.

  
 IN WITNESS WHEREOF, the parties have executed this Amendment
as of the Effective Date. 
  

					
	PLACER SIERRA BANK	 	 
			
	By:	 	 /s/ Ronald W. Bachli

	 	 
	 	 	Chairman and CEO	 	 /s/ Randall Reynoso

	 	 	 	 	RANDALL REYNOSO
		
	PLACER SIERRA BANCSHARES	 	 
			
	By:	 	 /s/ Ronald W. Bachli

	 	 
	 	 	Chairman and CEO	 	 

  

 -2-

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