Document:

Form of Supplemental Indenture

 Exhibit 10.3 
 FIRST SUPPLEMENTAL INDENTURE 
 THIS FIRST SUPPLEMENTAL INDENTURE (this “Supplemental
Indenture”) is entered into as of March     , 2007, by and between Magma Design Automation, Inc., a Delaware corporation (the “Company”), and U.S. Bank National Association, a national banking
association, as trustee (the “Trustee”). 
 THE PARTIES TO THIS SUPPLEMENTAL INDENTURE enter into this Supplemental
Indenture on the basis of the following facts, intentions and understandings: 
 A. The Company and the Trustee are parties to that
certain Indenture dated as of March 5, 2007 (the “Indenture”), pursuant to which the Company issued $47,439,000 in aggregate principal amount of the Company’s 2.00% Convertible Senior Notes due May 15, 2010 (the
“Securities”). 
 B. The Company desires to reopen the Indenture and issue Additional Securities in the aggregate
principal amount of $2,500,000 (the “Supplemental Securities”), in accordance with the provisions of Section 2.2 of the Indenture, as set forth in this Supplemental Indenture. 
 C. Section 11.1 of the Indenture provides that the parties hereto may execute and deliver this Supplemental Indenture to supplement the
Indenture without notice to or consent of any Securityholder. 
 D. In order to reopen the Indenture in accordance with
Section 2.2 thereof, the Company desires that (1) the Supplemental Securities and the Initial Securities be treated as part of the same issue of debt instruments for purposes of U.S. federal income tax laws; (2) the Supplemental
Securities have the same CUSIP number as the Initial Securities; and (3) the Trustee receive an Officers’ Certificate and an Opinion of Counsel to the effect that the issuance of the Supplemental Securities complies with the provisions of
the Indenture. 
 E. The Company desires and has requested the Trustee to join with it in entering into this Supplemental Indenture
for the purpose of amending the Indenture and to modify and amend the Indenture to the extent and as set forth in this Supplemental Indenture. 
 F. The Company and the Trustee are duly authorized pursuant to the terms of the Indenture (including, without limitation, Section 11.1 thereof) to execute and deliver this Supplemental Indenture and to modify and amend the
Indenture as provided herein. 
 G. Certain officers of the Company, acting pursuant to the authorization of the Board of Directors of
the Company, have determined that the amendments to the Indenture set forth in this Supplemental Indenture are reasonably necessary and in the best interests of the Company. 
  

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 NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth herein, and for
other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 ARTICLE 1 
 AMENDMENTS TO INDENTURE 
 Section 1.1 Amendment of Section 1.1 of the Indenture. 
 (a) Section 1.1 of the
Indenture is hereby amended by inserting the following definition, which shall be inserted in alphabetical order: 
 “Supplemental Securities” means Securities in an aggregate principal amount of $2,500,000 issued pursuant to that certain Supplemental Indenture dated as of March     , 2007. The Supplemental Securities
are Additional Securities as defined in the Indenture. 
 ARTICLE 2 
 ISSUANCE OF ADDITIONAL SECURITIES 
 Section 2.1 Issuance of Additional
Securities. 
 (a) Pursuant to Section 2.2 of the Indenture, the Trustee shall authenticate and make available for delivery the
Supplemental Securities for original issue in the aggregate principal amount of up to $2,500,000 upon receipt of a written order or orders of the Company signed by two Officers of the Company (a “Company Order”). The Company Order
shall specify the amount of Securities to be authenticated, shall provide that all such Securities will be represented by a Restricted Global Security and the date on which each original issue of Securities is to be authenticated. The aggregate
principal amount of Supplemental Securities outstanding at any time may not exceed $2,500,000 except as provided in Section 2.7 of the Indenture. The Company may, from time to time after the execution of this Supplemental Indenture, execute and
deliver to the Trustee for authentication Additional Securities, and the Trustee shall thereupon authenticate and deliver said Additional Securities to or upon the written order of the Company, without any further action by the Company hereunder;
provided, however, that the Company may issue Additional Securities only if: (1) such Additional Securities and Initial Securities are treated as part of the same issue of debt instruments for purposes of U.S. federal income tax
laws; (2) such Additional Securities shall have the same CUSIP number as the Initial Securities; and (3) the Trustee receives an Officers’ Certificate and an Opinion of Counsel to the effect that such issuance of Additional Securities
complies with the provisions of the Indenture, including each provision of this paragraph. 
 (b) The Supplemental Securities and the Initial
Securities shall be treated as part of the same issue of debt instruments for purposes of U.S. federal income tax laws. 
 (c) The
Supplemental Securities shall have the same CUSIP number as the Initial Securities. 
 (d) The Trustee shall receive an Officers’
Certificate and an Opinion of Counsel to the effect that the issuance of the Supplemental Securities complies with the provisions of the Indenture. 
  

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 ARTICLE 3 
 MISCELLANEOUS 
 Section 3.1 Effect of Supplemental Indenture; Timing of Amendments. This
Supplemental Indenture supplements and amends the Indenture pursuant to Section 11.1 of the Indenture. Upon execution and delivery of this Supplemental Indenture, the Indenture shall be amended and supplemented in accordance herewith, the terms
and conditions of this Supplemental Indenture shall be part of the terms and conditions of the Indenture for any and all purposes, and all the terms and conditions of both shall be read together as though they constitute one and the same instrument,
except that in the case of conflict, the provisions of this Supplemental Indenture will control; and every Holder of Securities heretofore or hereafter authenticated and delivered shall be bound thereby. 
 Section 3.2 Definitions. Capitalized terms used and not otherwise defined in this Supplemental Indenture shall have the meanings given such
terms in the Indenture. 
 Section 3.3 Full Force and Effect. Except to the extent expressly modified or amended by this
Supplemental Indenture, which modifications and amendments are deemed necessary to cure ambiguities and correct or supplement any provisions in the Indenture which are defective or inconsistent with any other provisions therein, the Indenture and
all of its covenants, agreements and other provisions remain in full force and effect, and all references to the Indenture in the Indenture shall be deemed to mean the Indenture as supplemented and amended pursuant hereto. 
 Section 3.4 Severability. In case any provision in this Supplemental Indenture shall be invalid, illegal or unenforceable, the validity,
legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 
 Section 3.5
Governing Law. THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (WITHOUT GIVING EFFECT TO CONFLICTS OF LAWS PRINCIPLES THEREOF). 
 Section 3.6 Counterparts. The parties may sign any number of copies of this Supplemental Indenture. Each signed copy shall be an original,
but all of them together represent the same agreement. 
 Section 3.7 Effect of Headings. The Article and Section headings herein
have been inserted for convenience of reference only, are not to be considered a part hereof, and shall in no way modify or restrict any of the terms or provisions hereof. 
 [Signature Page Follows] 
  

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 IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed
as of the date first above written. 
  

					
	MAGMA DESIGN AUTOMATION, INC.
			
	By:	 	  
	 	
	Name:	 		 	
	Title:	 		 	
	
	 U.S. BANK NATIONAL ASSOCIATION,
 as Trustee

			
	By:	 	  
	 	
	Name:	 		 	
	Title:	 		 	

  

 Signature Page to Supplemental IndentureChange In Control Agreement

 EXHIBIT 10.12 
 FIRST BANK OF BEVERLY HILLS 
 23901 Calabasas Road 
 Suite 1050 
 Calabasas, CA 91302 
 May 1, 2006 
 To: ANNETTE VECCHIO 
 Subject: First Bank of Beverly Hills, Change in Control Plan 
 First Bank of Beverly Hills, has adopted the First Bank of Beverly Hills, Change in Control Plan (the “Plan”). The provisions of the Plan, as they apply to you, are as follows: 
 Article I 
 DEFINITIONS

  

	1.1	Definitions 

 Whenever used in this Plan, the
following capitalized terms shall have the meanings set forth in this Section 1.1, certain other capitalized terms being defined elsewhere in this Plan: 
 (a) “Bank” means First Bank of Beverly Hills, and any successor or assignee as provided in Article IV. 
 (b) “Board” means the Board of Directors of the Bank. 
 (c) “Cause” means
any of the following acts or circumstances: (i) willful destruction by you of property of the Bank or a Subsidiary having a material value to the Bank or such Subsidiary; (ii) fraud, embezzlement, theft, or comparable dishonest activity
committed by you (excluding acts involving a de minimis dollar value and not related to the Bank or a Subsidiary); (iii) your conviction of or entering a plea of guilty or nolo contendere to any crime constituting a felony or any misdemeanor
involving fraud, dishonesty or moral turpitude (excluding acts involving a de minimis dollar value and not related to the Bank or a Subsidiary); (iv) your breach or neglect of, or refusal or failure to materially discharge, your duties (other
than due to physical or mental illness) commensurate with your title and function or your failure to comply with the lawful directions of the Board or the Chief Executive Officer of the Bank, or of the Board of Directors or the Chief Executive
Officer of the Subsidiary that employs you, in any such case that is not cured within fifteen (15) days after you have received written notice thereof from such Board of Directors or Chief Executive Officer; or (v) a willful and knowing
material misrepresentation to the Board or the Chief Executive Officer of the Bank or to the Board of Directors or the Chief Executive Officer of the Subsidiary that employs you. 

 (d) “Change in Control” shall mean the occurrence of any of the following: 

(i) Any “Person” or “Group” (as such terms are defined in Section 13(d) of the Securities Exchange Act of 1934
(the “Exchange Act”) and the rules and regulations promulgated thereunder) is or becomes the “Beneficial Owner” (within the meaning of Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of Beverly Hills
Bancorp Inc. (“BHBC”), or of any entity resulting from a merger or consolidation involving BHBC, representing more than fifty percent (50%) of the combined voting power of the then outstanding voting securities of BHBC or such entity.

 (ii) The individuals who, as of the date hereof, are members of the Board of Directors of BHBC (the “Existing
Directors”), cease, for any reason, to constitute more than fifty percent (50%) of the number of authorized directors of BHBC as determined in the manner prescribed in the Certificate of Incorporation and Bylaws; provided, however, that if
the election, or nomination for election, by BHBC stockholders of any new director was approved by a vote of at least fifty percent (50%) of the Existing Directors, such new director shall be considered an Existing Director; provided further,
however, that no individual shall be considered an Existing Director if such individual initially assumed office as a result of either an actual or threatened “Election Contest” (as described in Rule 14a-11 promulgated under the Exchange
Act) or other actual or threatened solicitation of proxies by or on behalf of anyone other than the Board of Directors of BHBC (a “Proxy Contest”), including by reason of any agreement intended to avoid or settle any Election Contest or
Proxy Contest. 
 (iii) The consummation of (x) a merger, consolidation or reorganization to which BHBC is a party,
whether or not BHBC is the Person surviving or resulting therefrom, or (y) a sale, assignment, lease, conveyance or other disposition of all or substantially all of the assets of BHBC, in one transaction or a series of related transactions, to
any Person other than BHBC, where any such transaction or series of related transactions referred to in clause (x) or clause (y) above in this subparagraph (iii) (a “Transaction”) does not otherwise result in a “Change
in Control” pursuant to subparagraph (i) of this definition of “Change in Control”; provided, however, that no such Transaction shall constitute a “Change in Control” under this subparagraph (iii) if the Persons
who were the stockholders of BHBC immediately before the consummation of such Transaction are the Beneficial Owners, immediately following the consummation of such Transaction, of fifty percent (50%) or more of the combined voting power of the
then outstanding voting securities of the Person surviving or resulting from any merger, consolidation or reorganization referred to in clause (x) above in this subparagraph (iii) or the Person to whom the assets of BHBC are sold,
assigned, leased, conveyed or disposed of in any transaction or series of related transactions referred in clause (y) above in this subparagraph (iii), in substantially the same proportions in which such Beneficial Owners held voting stock in
BHBC immediately before such Transaction or series of related transactions. 
 (iv) Any “Person” or
“Group,” other than BHBC or any of its subsidiaries, is or becomes the “Beneficial Owner,” directly or indirectly, of securities 

  

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representing more than fifty percent (50%) of the combined voting power of the then outstanding voting securities of the the Bank Business Entity.
“FBBH Business Entity” shall mean, at any time, the principal corporation or other entity that is then engaged in the banking and related business activities in which the Bank is currently engaged, which entity may be (i) the Bank,
(ii) any entity resulting from a merger, consolidation, reorganization or other similar transaction involving the Bank or a successor entity thereto, or (iii) any entity that has succeeded to the business of the Bank through the sale,
transfer, contribution or other disposition of all or substantially all of the assets of the Bank or a successor entity thereto. 
 (e)
“BHBC” means Beverly Hills Bancorp Inc., a Delaware corporation. 
 (f) “Compensation” means and includes
all of your base annual salary attributable to your employment with the Bank and/or any of its Subsidiaries (including, but not limited to, any amounts excludable from your gross income for federal income tax purposes pursuant to Section 125 or
Section 401(k) of the Internal Revenue Code of 1986, as amended), in effect immediately before the Change in Control. “Compensation” shall not include your bonuses, annual incentive awards, non-cash compensation or reimbursements, if
any (e.g., the grant or vesting of restricted stock, the grant, vesting, or exercise of stock options, automobile allowance and gasoline reimbursement). 
 (g) “Disability” means a physical or mental infirmity which substantially impairs your ability to perform your material duties for a period of at least one hundred eighty (180) consecutive
calendar days, and, as a result of such Disability, you have not returned to your full-time regular employment prior to termination. 
 (h)
“Eligible Employee” means any employee of the Bank or any of its Subsidiaries who is designated by the Board or any committee thereof to participate in this Plan. 
 (i) “ERISA” means the Employee Retirement Income Security Act of 1974, as amended. 
 (j) “Good Reason” means the occurrence, on or after the occurrence of a Change in Control, of any of the following: 
 (i) The Bank or any of its Subsidiaries reduces your base salary. 
 (ii) The Bank amends the method for computing bonuses in a way which is not generally applicable to executives of the Bank and its
Subsidiaries and which materially reduces your potential bonus given any particular level of performance of the Bank and its Subsidiaries. 
 (iii) Without your express written consent, the Bank or any of its Subsidiaries requires you to change the location of your job or office, so that you will be based at a location more than 100 miles from the location
of your job or office. 
  

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 (iv) Without your express written consent, the Bank or any of its Subsidiaries reduces
your responsibilities or directs you to report to a person of lower rank or responsibilities than the person to whom you reported before the Change in Control. 
 (v) A successor to the Bank fails or refuses to assume the obligations of the Bank under this Plan. 
 (k) “Person” shall have the meaning set forth in the definition of “Change in Control.” 
 (l) “Plan” means this Change in Control Plan. 
 (m) “Release” means the Separation and General Release Agreement in the form attached hereto as Exhibit “A”. 
 (n) “Severance Payment” means the payment of severance compensation as provided in Article II. 
 (o) “Subsidiary” means any corporation or other Person, a majority of the voting power, equity securities or equity interest of which is owned directly or indirectly by the Bank. 
 (p) “WARN” means the Worker Adjustment and Retraining Notification Act, 29 U.S.C. §2101 et seq. 
 Article II 
 SEVERANCE PAYMENTS

  

	2.1	Right to Severance Payment; Release 

 Conditioned on
the execution and delivery by you (or your beneficiary or personal representative, if applicable) of the Release, and subject to the provisions of Section 2.7, you shall be entitled to receive a Severance Payment from the Bank in the amount
provided in Section 2.2 if (a) you are an Eligible Employee, and (b) within two years after the occurrence of a Change in Control, your employment is involuntarily terminated by the Bank or any of its Subsidiaries for any reason other
than Cause or your death or Disability, or you voluntarily terminate your employment with the Bank and all Subsidiaries for Good Reason. Notwithstanding the foregoing, you will not be entitled to receive a Severance Payment to the extent you receive
payments which the Bank or its Subsidiaries are required to make to you under WARN. 
  

	2.2	Amount of Severance Payment 

 If you become entitled
to a Severance Payment under this Plan, the amount of your Severance Payment, when added to any payments which the Bank or its Subsidiaries are required to make to you under WARN, shall equal two years your Compensation. 
  

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	2.3	No Mitigation 

 The Bank acknowledges and agrees
that you shall be entitled to receive your entire Severance Payment regardless of any income which you may receive from other sources following your termination on or after the Change in Control. 
  

	2.4	Payment of Severance Payment 

 The Severance Payment
to which you are entitled shall be paid to you, in cash and in full, not later than the later of (i) eight (8) calendar days after execution and delivery by you (or your beneficiary or personal representative, if applicable) of the Release
Agreement, or (ii) the date on which such Release becomes effective. If you should die before all amounts payable to you have been paid, such unpaid amounts shall be paid to your beneficiary under this Agreement or, if you have not designated
such a beneficiary in writing to the Bank, to the personal representative(s) of your estate. 
  

	2.5	Health Benefits Coverage 

 If you are entitled to
receive a Severance Payment under Section 2.1, you will also be entitled to receive health benefits coverage for you and your dependents under the same plan(s) or arrangement(s) under which you were covered immediately before your termination
of employment or plan(s) established or arrangement(s) provided by the Bank or any of its Subsidiaries thereafter. Such health benefits coverage shall be paid for by the Bank to the same extent as if you were still employed by the Bank, and you will
be required to make such payments as you would be required to make if you were still employed by the Bank. The benefits provided under this Section 2.5 shall continue until the earlier of (a) the expiration of two (2) year following
your termination of employment with the Bank and all of its Subsidiaries, or (b) the date you become covered under any other group health plan not maintained by the Bank or any of its Subsidiaries; provided, however, that if such other group
health plan excludes any pre-existing condition that you or your dependents may have when coverage under such group health plan would otherwise begin, coverage under this Section 2.5 shall continue (but not beyond the six (6) month period
described in clause (a) of this sentence) with respect to such pre-existing condition until such exclusion under such other group health plan lapses or expires. In the event you are required to make an election under Sections 601 through 607 of
ERISA (commonly known as COBRA) to qualify for the benefits described in this Section 2.5, the obligations of the Bank and its Subsidiaries under this Section 2.5 shall be conditioned upon your timely making such an election. 

 

	2.6	Withholding of Taxes 

 The Bank may withhold from
any amounts payable under this Plan all federal, state, city or other taxes required by applicable law to be withheld by the Bank. 
  

	2.7	Governmental Approval 

 The Bank’s obligation
to pay you any amounts under this Plan is conditioned upon approval of the Plan or of payment of such amounts (or upon review of the Plan or of payment of such amounts, and failure to object thereto) by the OTS, the FDIC, or any other governmental
agency having jurisdiction over the Bank or its Subsidiaries, to the extent such approval (or review) is required by applicable laws or regulations. 
  

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 Article III 
 OTHER RIGHTS AND BENEFITS NOT AFFECTED 
  

	3.1	Other Benefits 

 This Plan does not provide a
pension for you, nor shall any payment hereunder be characterized as deferred compensation. Except as set forth in Section 3.2, neither the provisions of this Plan nor the Severance Payment provided for hereunder shall reduce any amounts
otherwise payable, or in any way diminish your rights as an employee, whether existing now or hereafter, under any written benefit, incentive, retirement, stock option, stock bonus or stock purchase plan or any written employment agreement or other
written plan or arrangement not related to severance. 
  

	3.2	Other Severance Plans Superseded 

 When you become
entitled to a Severance Payment under this Plan, this Plan will supersede, as to you, any and all other severance plans of the Bank or its Subsidiaries and severance agreements between you and the Bank and its Subsidiaries, and your participation in
any other severance plan of the Bank and its Subsidiaries will be hereby terminated. 
  

	3.3	Employment Status 

 This Plan does not constitute a
contract of employment or impose on you any obligation to remain in the employ of the Bank, nor does it impose on the Bank or any of its Subsidiaries any obligation to retain you in your present or any other position, nor does it change the status
of your employment as an employee at will. Nothing in this Plan shall in any way affect the right of the Bank or any of its Subsidiaries in its absolute discretion to change or reduce your compensation at any time, or to change at any time one or
more benefit plans, including but not limited to pension plans, dental plans, health care plans, savings plans, bonus plans, vacation pay plans, disability plans, and the like. 
 Article IV 
 SUCCESSOR TO BANK 
 The Bank shall require any successor or assignee, whether direct or indirect, by purchase, merger, consolidation or otherwise, to all or substantially
all the business or assets of the Bank, expressly and unconditionally to assume and agree to perform the Bank’s obligations under this Plan, in the same manner and to the same extent that the Bank would be required to perform if no such
succession or assignment had taken place. In such event, the term “Bank,” as used in this Plan, shall mean (from and after, but not before, the occurrence of such event) the Bank as herein before defined and any successor or assignee to
the business or assets which by reason hereof becomes bound by the terms and provisions of this Plan. 
  

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 Article V 
 CONFIDENTIALITY 
  

	5.1	Nondisclosure of Confidential Material 

 In the
performance of your duties, you have previously had, and may in the future have, access to confidential records and information, including, but not limited to, development, marketing, purchasing, organizational, strategic, financial, managerial,
administrative, manufacturing, production, distribution and sales information, data, specifications and processes now owned or at any time hereafter developed by the Bank or its agents or consultants or used at present or at any time hereafter in
the course of its business, that are not otherwise part of the public domain (collectively, the “Confidential Material”). All such Confidential Material is considered secret and has been and/or will be disclosed to you in confidence. By
your acceptance of your Severance Payment under this Plan, you shall be deemed to have acknowledged that the Confidential Material constitutes proprietary information of the Bank which draws independent economic value, actual or potential, from not
being generally known to the public or to other persons who could obtain economic value from its disclosure or use, and that the Bank has taken efforts reasonable under the circumstances, of which this Section 5.1 is an example, to maintain its
secrecy. Except in the performance of your duties to the Bank, you shall not, directly or indirectly for any reason whatsoever, disclose or use any such Confidential Material, except that the foregoing disclosure prohibition shall not apply as to
Confidential Material that (i) has been publicly disclosed or was within your possession prior to its being furnished to you by the Bank or becomes available to you on a nonconfidential basis from a third party (in any of such cases, not due to
a breach by you of your obligations to the Bank or by breach of any other person of a confidential, fiduciary or confidential obligation, the breach of which you know or reasonably should know), (ii) is required to be disclosed by you pursuant
to applicable law, provided that you provide notice to the Bank of such requirement as promptly as possible, or (iii) was independently acquired or developed by you without violating any of the obligations under this Plan and without relying on
Confidential Material of the Bank. All records, files, drawings, documents, equipment and other tangible items, wherever located, relating in any way to the Confidential Material or otherwise to the Bank’s business, which you have prepared,
used or encountered or shall in the future prepare, use or encounter, shall be and remain the Bank’s sole and exclusive property and shall be included in the Confidential Material. Upon your termination of employment with the Bank, or whenever
requested by the Bank, you shall promptly deliver to the Bank any and all of the Confidential Material and copies thereof, not previously delivered to the Bank, that may be, or at any previous time has been, in your possession or under your control.

  

	5.2	Nonsolicitation of Employees 

 By your acceptance of
your Severance Payment under this Plan, you agree that, for a period of one (1) year following your termination of employment with the Bank or its Subsidiaries, neither you nor any Person or entity in which you have an interest shall solicit
any person who was employed on the date of your termination of employment by the Bank or any of its Subsidiaries to leave the employ of the Bank or any of its Subsidiaries. Nothing in this Section 5.2, however, shall prohibit you or any Person
or entity in which you have an 

  

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interest from placing advertisements in periodicals of general circulation soliciting applications for employment, or from employing any person who answers
any such advertisement. For purposes of this Section 5.2, you shall not be deemed to have an interest in any corporation whose stock is publicly traded merely because you are the owner of not more than two percent (2%) of the outstanding
shares of any class of stock of such corporation, provided you have no active participation in the business of such corporation (other than voting your stock) and you do not provide services to such corporation in any capacity (whether as an
employee, an independent contractor or consultant, a board member, or otherwise). 
  

	5.3	Equitable Relief 

 By your acceptance of your
Severance Payment under this Plan, you shall be deemed to have acknowledged that violation of Sections 5.1 or 5.2 would cause the Bank irreparable damage for which the Bank cannot be reasonably compensated in damages in an action at law, and that
therefore in the event of any breach by you of Sections 5.1 or 5.2, the Bank shall be entitled to make application to a court of competent jurisdiction for equitable relief by way of injunction or otherwise (without being required to post a bond).
This provision shall not, however, be construed as a waiver of any of the rights which the Bank may have for damages under this Plan or otherwise, and, except as limited in Article VI, all of the Bank’s rights and remedies shall be
unrestricted. 
 Article VI 
 ARBITRATION 
 Except for equitable relief as provided in Section 5.3, arbitration in accordance with the then most
applicable rules of the American Arbitration Association shall be the exclusive remedy for resolving any dispute or controversy between you and the Bank or any of its Subsidiaries, including, but not limited to, any dispute regarding your employment
or the termination of your employment or any dispute regarding the application, interpretation or validity of this Plan not otherwise resolved through the claims procedure set forth in Section 9.10. The arbitrator shall be empowered to grant
only such relief as would be available in a court of law. In the event of any conflict between this Plan and the rules of the American Arbitration Association, the provisions of this Plan shall be determinative. If the parties are unable to agree
upon an arbitrator, they shall select a single arbitrator from a list designated by the office of the American Arbitration Association having responsibility for the city in which you primarily performed services for the Bank or its Subsidiaries
immediately before your termination of employment of seven arbitrators, all of whom shall be retired judges who are actively involved in hearing private cases or members of the National Academy of Arbitrators, and who, in either event, are residents
of the area in which you primarily performed services for the Bank or its Subsidiaries immediately before your termination of employment. If the parties are unable to agree upon an arbitrator from such list, they shall each strike names
alternatively from the list, with the first to strike being determined by lot. After each party has used three strikes, the remaining name on the list shall be the arbitrator. The fees and expenses of the arbitrator shall initially be borne equally
by the parties; provided, however, that each party shall initially be responsible for the fees and expenses of its own representatives and witnesses. Unless mutually agreed otherwise by the parties, any 

  

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arbitration shall be conducted at a location within fifty (50) miles from the location in which you primarily performed services for the Bank or any of
its Subsidiaries immediately before your termination of employment. If the parties cannot agree upon a location for the arbitration, the arbitrator shall determine the location within such fifty (50) mile radius. Judgment may be entered on the
award of the arbitrator in any court having jurisdiction. The prevailing party in the arbitration proceeding, as determined by the arbitrator, and in any enforcement or other court proceedings, shall be entitled to the extent provided by law to
reimbursement from the other party for all of the prevailing party’s costs (including but not limited to the arbitrator’s compensation), expenses and reasonable attorney’s fees. 
 Article VII 
 MISCELLANEOUS 
  

	7.1	Applicable Law 

 To the extent not preempted by the
laws of the United States, the laws of the State of California shall be the controlling law in all matters relating to this Plan, regardless of the choice-of-law rules of the State of California or any other jurisdiction. 
  

	7.2	Construction 

 No term or provision of this Plan
shall be construed so as to require the commission of any act contrary to law, and wherever there is any conflict between any provision of this Plan and any present or future statute, law, ordinance, or regulation, the latter shall prevail, but in
such event the affected provision of this Plan shall be curtailed and limited only to the extent necessary to bring such provision within the requirements of the law. 
  

	7.3	Severability 

 If a provision of this Plan shall be
held illegal or invalid, the illegality or invalidity shall not affect the remaining parts of this Plan and this Plan shall be construed and enforced as if the illegal or invalid provision had not been included. 
  

	7.4	Headings 

 The Section headings in this Plan are
inserted only as a matter of convenience, and in no way define, limit, or extend or interpret the scope of this Plan or of any particular Section. 
  

	7.5	Assignability 

 Your rights or interests under this
Plan shall not be assignable or transferable (whether by pledge, grant of a security interest, or otherwise) by you, your beneficiaries or legal representatives, except by will or by the laws of descent and distribution. 
  

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	7.6	Amendment 

 This Plan may be amended in any respect
by resolution adopted by the Board until a Change in Control occurs. After a Change in Control occurs, this Plan shall no longer be subject to amendment, change, substitution, deletion, revocation or termination in any respect whatsoever. No
agreement or representations, written or oral, express or implied, with respect to the subject matter hereof, have been made by the Bank which are not expressly set forth in this Plan. 
  

	7.7	Notices 

 For purposes of this Plan, notices and all
other communications provided for herein shall be in writing and shall be deemed to have been duly given when personally delivered, telecopied, or sent by certified or overnight mail, return receipt requested, postage prepaid, addressed to the
respective addresses, or sent to the respective telecopier numbers, last given by each party to the other, provided that all notices to the Bank shall be directed to the attention of the Board of Directors with a copy to the General Counsel. All
notices and communications shall be deemed to have been received on the date of delivery thereof if personally delivered, upon return confirmation if telecopied, on the third business day after the mailing thereof, or on the date after sending by
overnight mail, except that notice of change of address shall be effective only upon actual receipt. No objection to the method of delivery may be made if the written notice or other communication is actually received. 
  

	7.8	Administration 

 This Plan constitutes a welfare
benefit plan within the meaning of Section 3(1) of ERISA. This letter constitutes the governing document of the Plan. The Administrator of the Plan, within the meaning of Section 3(16) of ERISA, and the Named Fiduciary thereof, within the
meaning of Section 402 of ERISA, is the Bank. Attached hereto as Exhibit “B” is a statement of your rights under ERISA. 
  

	7.9	Claims 

 If you believe you are entitled to a
benefit under this Plan, you may make a claim for such benefit by filing with the Bank a written statement setting forth the amount and type of payment so claimed. The statement shall also set forth the facts supporting the claim. The claim may be
filed by mailing or delivering it to the Secretary of the Bank. 
 Within sixty (60) calendar days after receipt of such a claim, the
Bank shall notify you in writing of its action on such claim and if such claim is not allowed in full, shall state the following in a manner calculated to be understood by you: 
 (a) The specific reason or reasons for the denial; 
 (b) Specific reference to pertinent provisions of this Plan on which the denial is based; 
  

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 (c) A description of any additional material or information necessary for you to be entitled to the
benefits that have been denied and an explanation of why such material or information is necessary; and 
 (d) An explanation of this
Plan’s claim review procedure. 
 If you disagree with the action taken by the Bank, you or your duly authorized representative may
apply to the Bank for a review of such action. Such application shall be made within one hundred twenty (120) calendar days after receipt by you of the notice of the Bank’s action on your claim. The application for review shall be filed in
the same manner as the claim for benefits. In connection with such review, you may inspect any documents or records pertinent to the matter and may submit issues and comments in writing to the Bank. A decision by the Bank shall be communicated to
you within sixty (60) calendar days after receipt of the application. The decision on review shall be in writing and shall include specific reasons for the decision, written in a manner calculated to be understood by you, and specific
references to the pertinent provisions of this Plan on which the decision is based. 
  

			
	 Sincerely,

	
	 FIRST BANK OF BEVERLY HILLS

		
	 By:
	 	  

 I AGREE TO BE BOUND BY THE 
 TERMS OF THE ABOVE PLAN 
  

	
	  

	 Annette Vecchio

  

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