Document:

Prepared by MerrillDirect

EXHIBIT 10.23

SECOND AMENDMENT TO

EXECUTIVE SALARY CONTINUATION AGREEMENT

             THIS
Second Amendment to the Executive Salary Continuation Agreement (the “Second
Amendment”), made and entered into this 25th day of July, 2001, by and between
BYL BANK GROUP (the "Bank"), a California banking corporation, BYL
BANCORP (“BYL”), a California corporation, and ROBERT UCCIFERRI (hereinafter
called the "Executive").

W I T N E S S E T H:

             WHEREAS,
the Executive is currently in the employ of BYL and the Bank, serving as President
and Chief Executive Officer of BYL and the Bank;

             WHEREAS,
the Bank and Executive previously entered into an Executive Salary Continuation
Agreement dated November 28, 1995;

             WHEREAS,
BYL, the Bank and Executive amended Executive’s Salary Continuation Agreement
in order to allow for Executive becoming a consultant and eventually retiring
from serving as President and Chief Executive Officer of BYL and the Bank upon
a proposed acquisition (the “Acquisition”) of BYL and the Bank by PBOC
Holdings, Inc. and People’s Bank of California;

             WHEREAS,
the Acquisition was terminated on May 2, 2001, and as a result, Executive’s
employment agreement with the Bank is still in effect;

             WHEREAS,
upon receipt of all necessary regulatory approvals of Executive’s successor as
President and Chief Executive Officer of BYL and the Bank, the Executive
desires to terminate his employment agreement with the Bank, enter into a
Consulting Agreement with the Bank with a term that will expire on December 31,
2003, and further amend the Executive’s Salary Continuation Agreement dated
November 28, 1995, as amended December 20, 2000;

             NOW,
THEREFORE, in consideration of the services to be performed in the future as
well as the mutual promises and covenants herein contained, it is agreed as
follows:

1.          Section 2.4 is added as follows:

             “2.4      Regulatory Approval – The execution
of this Second Amendment is subject to approval of any and all necessary
regulatory agencies.”

2.          Section
3.1 is amended to read in full as follows:

             “3.1      Retirement - The Executive shall
continue to be retained by the Bank as a consultant until he attains the age of
sixty-seven (67), whereupon he may retire from active daily service as a
consultant as of the Second day of the month next following attainment of age
sixty-seven (67) or upon such later date as may be mutually agreed upon by the
Executive and the Bank.

             The
Bank has expensed on a discounted cash flow basis any and all payments needed
to fully fund Consultant’s Salary Continuation Agreement, which the parties
acknowledge is in full force and effect, estimated to be a pre-tax payment of
approximately $100,000.  Beginning in
January 2001 and continuing over the next three years, the Bank agrees to book
the remaining accruals to reach the $434,862 retirement liability, estimated to
be approximately $97,577.  The Bank
shall take no action to jeopardize Executive’s Salary Continuation
Agreement.  The Bank agrees to
accommodate the changes contemplated in this Agreement, and after December 31,
2003, Executive shall begin to receive payments for ten years as provided in
Executive’s Salary Continuation Agreement, as amended herein.”

3.          Capitalized
terms used herein and not otherwise defined shall have the same meaning as set
forth in the Executive Salary Continuation Agreement.

4.          This
Second Amendment may be entered into in one or more counterparts, all of which
shall be considered one in the same instrument, and it shall become effective
when one or more counterparts have been signed by each of the Bank and the Executive
and delivered to the other Party, it being understood that all Parties need not
sign the same counterpart.

5.          Except
as herein amended, the Executive Salary Continuation Agreement and the First
Amendment to Executive Salary Continuation Agreement shall remain in full force
and effect.

6.          This
Second Amendment shall be governed by and construed in accordance with the laws
of the State of California.

7.          The
terms and conditions of this Second Amendment are subject to the approval of
any necessary regulatory agency.

             IN
WITNESS WHEREOF, BYL and the Bank have caused this Agreement to be duly
executed, pursuant to a resolution approved by its Board of Directors, by its
Chairman of the Board and its corporate seal affixed, duly attested by its
secretary and the Executive has hereunto set his hand and seal at Orange,
California, the day and year above written.

	BYL BANCORP	BYL BANK GROUP
	 	 	 	 
	 	 	 	 
	By: 	/s/ H. Rhoads Martin, Jr.	 	By: 	/s/ H. Rhoads Martin, Jr.	 
	 	

	 	 	

	 
	 	H. Rhoads Martin, Jr.	 	H. Rhoads Martin, Jr.
	 	Chairman of the Board	 	Chairman of the Board
	 	 	 	 
	 	 	 	 
	By: 	/s/ John F. Myers	 	By: 	/s/ John F. Myers	 
	 	

	 	 	

	 
	 	John F. Myers, Secretary	 	John F. Myers, Secretary
	 	 	 	 
	 	 	 	 
	 	 	EXECUTIVE:
	 	 	/s/ Robert Ucciferri	 
	 	 	

	 
	 	 	Robert Ucciferri	 
	 	 	 	 
	 	 	1400 Lodge Pole	 
	 	 	

	 
	 	 	Hemet, CA	 
	 	 	

	 
	 	 	(Address)	 
							

 

CONSENT
OF SPOUSE

             The undersigned spouse of Robert
Ucciferri hereby consents to and agrees to the terms and conditions of the
foregoing Second Amendment to the Executive Salary Continuation Agreement.

Dated:
_____________________, 2001

 

__________________________________________________Prepared by MerrillDirect

Exhibit 10.24

MUTUAL RELEASE AGREEMENT

             THIS MUTUAL
RELEASE AGREEMENT ("Agreement") is dated for reference purposes and entered into
as of December 20, 2000, by BYL BANCORP (the “Company”), a California
corporation, BYL BANK GROUP (the “Bank”), a California banking corporation and
wholly-owned subsidiary of the Company (collectively referred to herein as
“Employer”), and ROBERT UCCIFERRI 
("Employee").

1.          RECITALS.

	 	1.1	WHEREAS, the Employee entered into an Employment Agreement
  (the “Employment Agreement”) with the Bank on November 28, 1995, and an
  Executive Salary Continuation Agreement also on November 28, 1995 (“SCA”);
	 	 	 
	 	1.2	WHEREAS, the Company and the Bank have entered into an
  Agreement and Plan of Reorganization with PBOC Holdings, Inc. and People’s
  Bank of California dated November 1, 2000 (“Reorganization Agreement”);
	 	 	 
	 	1.3	WHEREAS,
  upon
  consummation of the Reorganization Agreement, or if the Reorganization
  Agreement is not executed, then by March 31, 2001, Employee desires to
  terminate the Agreement with the Company and the Bank, including the release
  of the Bank for any liability for a change of control of the Bank as defined
  in paragraph 9(b) of the Agreement, and enter into a consulting agreement
  with the Company and the Bank, subject to any necessary regulatory approvals;
	 	 	 
	 	1.4	WHEREAS,
  the parties
  desire that after the termination of the consulting agreement, Employee shall
  begin to receive payments for ten years as provided in the SCA.
	 	 	 
	 	1.5	WHEREAS,
  Employer and
  Employee desire to resolve Employee’s employment status, to allow Employee to
  become a consultant to BYL and the Bank, and to make any and all necessary
  amendments to Employee’s SCA to accommodate the desires of the parties.

             NOW,
THEREFORE, IN VIEW OF THE FOREGOING, IN CONSIDERATION FOR THE SETTLEMENT OF CLAIM
AND RELEASE CONTAINED HEREIN, AND FOR OTHER GOOD AND VALUABLE CONSIDERATION,
THE RECEIPT AND SUFFICIENCY OF WHICH ARE ACKNOWLEDGED, THE PARTIES AGREE AS
FOLLOWS:

2.          SEVERANCE
ARRANGEMENT

	 	2.1	Termination
  of Employment.  In exchange for the consideration contained in
  this Agreement, the sufficiency of which is hereby acknowledged by Employee,
  Employee agrees to resign his employment with Employer and terminate the
  Employment Agreement and hereby release the Employer, as further detailed
  below, from any liability relating to his employment relationship with the
  Employer and termination thereof, upon consummation of the Reorganization
  Agreement, or if the Reorganization Agreement is not executed, then by March
  31, 2001,
	 	 	 
	 	2.2	Board
  of Directors.  Upon consummation of the
  Reorganization Agreement, or if the Reorganization Agreement is not executed,
  then by March 31, 2001, Employee shall resign from the Board of the Company
  and the Bank.
	 	 	 
	 	2.3	Executive
  Salary Continuation Agreement and Consulting Agreement. Employee and the Bank have agreed to the SCA dated
  November 28, 1995.  It is the desire
  of Employer that Employee’s services be retained as a Consultant and the SCA
  be amended by a First Amendment to the SCA dated December 20, 2000 (the
  “First Amendment”).  The SCA and First
  Amendment are attached hereto as Exhibit “A” and incorporated herein by this
  reference.  In addition to the SCA and
  First Amendment, Employee is willing to continue to provide services to Employer
  as a consultant under a separate Consulting Agreement.  The Consulting Agreement, dated December
  20, 2000, which is attached hereto as Exhibit “B” and incorporated herein by
  this reference provides, in part, that Consultant will receive the annualized
  sum of  $64,700, payable semi-monthly,
  plus certain benefits until December 31, 2003.  The SCA and First Amendment provides, in pertinent part, that
  Employer will pay to Employee, beginning immediately after December 31, 2003,
  the annualized sum of $64,700, payable semi-monthly, until he attains the age
  of sixty-seven (67); subject to the conditions and limitations set forth
  therein.  Employer agrees to undertake
  the obligations under the SCA and First Amendment and the Consulting
  Agreement in consideration of Employee agreeing to a full release of any and
  all claims that Employee has against Employer as provided in this Agreement.
	 	 	 
	 	2.4	Indemnification
  Agreement.  Notwithstanding any other provision of this
  Agreement, Employer agrees that the Indemnification  Agreement between the Company and Employee dated April 23,
  1997, and the Bank and Employee dated June 3, 1998, (the “Indemnification
  Agreements”) shall not be terminated but shall remain in full force and effect.
	 	 	 

 

	 	2.5	Bank
  Accruals.  The Bank will expense on a discounted cash flow
  basis any and all payments needed to fully fund the SCA, which the parties
  acknowledge is in full force and effect, estimated to be a pre-tax payment of
  approximately $100,000.  Over the next
  three years, the Bank agrees to book the remaining accruals to reach the
  $434,862 retirement liability, estimated to be $97,577.  The Bank shall take no action to
  jeopardize Consultant’s Salary Continuation Agreement.

 

             3.          SETTLEMENT OF CLAIMS.

	 	3.1	Settlement
  Amount.  In full and complete settlement of any claims
  against Employer that Employee has, may have or may claim in the future,
  Employer agrees to the obligations under the SCA and First Amendment and the
  Consulting Agreement (the "Settlement Amount").
	 	 	 
	 	3.2	Payment
  of Settlement Amount.  Employee acknowledges that he has been advised that he has twenty-one
  (21) days to consider this settlement and that he was informed that he has
  the right to consult with counsel regarding this Agreement.  To the extent Employee has taken less than
  twenty-one (21) days to consider this Agreement, Employee acknowledges that
  he has had sufficient time to consider this Agreement and to consult with
  counsel and that he does not desire additional time.

This
Agreement is revocable by Employee for a period of seven (7) days following
Employee's execution of this Agreement. 
The revocation by Employee of this Agreement must be in writing, must
specifically revoke this Agreement, and must be received by the Company prior
to the eighth (8th) day following the execution of this Agreement by
Employee.  This Agreement becomes
effective, enforceable and irrevocable on the eighth (8th) day following
Employee's execution of the Agreement.

Employee
represents and agrees that, prior to the execution of this Agreement, Employee
has had the opportunity to discuss the terms of this Agreement with legal
counsel of his choosing.

	 	3.3	Regulatory
  Approval.  The validity and enforceability of this Agreement
  is expressly conditioned upon receipt of any legally required approval by the
  Federal Deposit Insurance Corporation (“FDIC”) or other applicable bank
  regulatory agencies.  Without such
  approval from the Company’s and/or the Bank’s regulators, the Employer’s
  obligations to pay the Settlement Amount under Section 2 of this Agreement
  shall be deemed null and void.
	 	 	 

 

	 	3.4	Employee
  Acknowledgment.  Employee acknowledges and agrees that in the
  absence of this Agreement, Employee would not be entitled to the Settlement
  Amount.  Employee further acknowledges
  and agrees that the Settlement Amount is received in consideration for
  Employee’s release set forth in Section 4 hereof, including, but not limited
  to, Employee’s release of any claims under ADEA.

4.          RELEASE.

	 	4.1	Release by Employee.  Employee,
  for and on behalf of Employee, Employee's heirs, executors, administrators,
  successors, assigns, Employee's attorneys, and agents of each of the
  foregoing, and the respective predecessors, successors, assigns, heirs,
  executors, and administrators of each of the foregoing (collectively,
  "Employee Releasing Parties") do hereby covenant not to sue and
  fully and forever remise, release, discharge, and acquit Employer, its
  employees, present and former affiliates, parent and subsidiary corporations,
  companies and divisions, the respective present and former directors,
  stockholders, officers, employees, attorneys, and agents of each of the
  foregoing, and the respective predecessors, successors, and assigns of each
  of the foregoing (collectively, "Employer Parties") of, from, and
  against any and all claims, wages, covenants, suits, actions, demands,
  obligations, liabilities, indebtedness, accounts, judgments, breaches of
  contract, breaches of duty or any relationship, acts, omissions, misfeasance,
  malfeasance, cause or causes of action of every type, nature and kind or
  description, debts, amounts of money, accounts, compensations, contracts,
  controversies, promises, damages, costs, losses, and expenses, of every type,
  kind, nature, description, or character, whether known or unknown, suspected
  or unsuspected, liquidated or unliquidated, committed or omitted prior to
  this Agreement, each as though fully set forth herein at length that in any
  way arise out of, are connected with, or relate to (i) Employee's employment
  by Employer; (ii) termination of Employee’s employment with Employer; (iii)
  any violation of any law, statute or regulation by Employer pertaining to
  Employee's employment including, but not limited to, Title VII of the Civil
  Rights Act of 1964 and all subsequent amendments thereto, the federal Fair
  Labor Standards Act, Age Discrimination in Employment Act, as amended by the
  Older Workers Benefit Protection Act of 1980, Section 1981 of Title 42 of the
  United States Code, California Labor Code, any California Wage Orders, California
  Fair Employment and Housing Act, and regulations thereunder; (iv) Employer's
  breach of contract or other violation of rules by Employer pertaining to
  Employee's employment including, but not limited to, severance pay, sick
  leave, holiday pay, vacation pay, life insurance, group medical insurance or
  any other fringe benefit of the Employer or workers' compensation or
  disability claims, but not including any rights under the Indemnification
  Agreement; and (v) any other claim, loss, damages or injury, known or
  unknown, suspected or unsuspected, liquidated or unliquidated, which arises
  from any conduct of the Employer during the time of employment of Employee
  irrespective of the nature of the conduct (collectively "Released
  Claim(s)").

 

	 	4.2	Release
  by Employer.  Employer, for and on behalf of Employer,
  Employer's attorneys, and agents of each of the foregoing, and its respective
  predecessors, successors, its employees, present and former affiliates,
  parent and subsidiary corporations, companies and divisions, the respective
  present and former directors, stockholders, officers, employees, attorneys,
  and agents of each of the foregoing, and the respective predecessors,
  successors, and assigns of each of the foregoing (collectively,
  "Employer Releasing Parties") do hereby covenant not to sue and
  fully and forever remise, release, discharge, and acquit Employee, and
  Employee Releasing Parties of, from, and against any and all claims, wages,
  covenants, suits, actions, demands, obligations, liabilities, indebtedness,
  accounts, judgments, breaches of contract, breaches of duty or any
  relationship, acts, omissions, misfeasance, malfeasance, cause or causes of
  action of every type, nature and kind or description, debts, amounts of
  money, accounts, compensations, contracts, controversies, promises, damages,
  costs, losses, and expenses, of every type, kind, nature, description, or
  character, whether known or unknown, suspected or unsuspected, liquidated or
  unliquidated, committed or omitted prior to this Agreement, each as though
  fully set forth herein at length that in any way arise out of, are connected
  with, or relate to (i) Employee's employment by Employer; (ii) termination of
  Employee’s employment with Employer; (iii) any violation of any law, statute
  or regulation by Employer pertaining to Employee's employment; (iv)
  Employee's breach of contract or other violation of rules pertaining to
  Employee's employment, but not including any Employer rights under the SCA
  and First Amendment, the Consulting Agreement and the  Indemnification Agreement; and (v) any
  other claim, loss, damages or injury, known or unknown, suspected or
  unsuspected, liquidated or unliquidated, which arises from any conduct of the
  Employee during the time of employment of Employee irrespective of the nature
  of the conduct (collectively "Released Claim(s)").

5.          CONFIDENTIALITY.

Employee
agrees that the terms and conditions of this Agreement shall remain
confidential as between the parties, and Employee shall not disclose them to
any other person except to Employer's executive officers, directors or
attorneys, or as required by law. 
Without limiting the generality of the foregoing, Employee will not
respond to or in any way participate in or contribute to any public discussion,
notice or other publicity concerning, or in any way relating to, the execution
of this Agreement or the events (including negotiations) which led to its
execution.  Without limiting the
generality of the foregoing, Employee specifically agrees not to disclose
information regarding this Agreement to any current or former employee of
Employer, except those senior officers, directors or managers in the
organization of Employer who are already aware and have reviewed such
Agreement.  The Employee and Employer
hereby agree that the sections of this Agreement are severable and that
disclosure by Employee of any of the terms and conditions of the Agreement in
violation of the foregoing shall constitute a breach of this section of the
Agreement and shall not constitute a breach of the entire Agreement which shall
survive and be enforceable by its terms.

 

6.          DENIAL OF ANY VIOLATION.

	 	6.1	No
  Admission by Employer or Employee.  The acceptance of this Agreement by Employee and Employer shall not be
  deemed or construed as an admission of liability by Employee, any other
  Employee Releasing Party, Employer or any other Employer Releasing Party, and
  Employee hereby acknowledges that Employer and its employees expressly deny
  liability of any nature whatsoever arising from or related to the subject of
  this Agreement.  Accordingly, this
  Agreement resolves all issues between Employer and Employee relating to any
  claims Employee may have regarding the termination of Employee’s employment.
	 	 	 
	 	6.2	Agreement
  Not Admissible.  Neither this Agreement nor anything in this
  Agreement shall be construed to be or shall be admissible in any proceeding
  as evidence of or an admission by the Employer or Employee of any violation
  of its policies, procedures, state or federal laws or regulations.  This Agreement may be introduced, however,
  in any proceeding to enforce the Agreement or any provision contained
  herein.  Such introduction shall be
  pursuant to an order protecting its confidentiality.

7.          WAIVER.

	 	7.1	General
  Release by Employee.  In connection with the releases contained in
  Section 4, only Employee, for Employee and for other Employee Releasing
  Parties with respect to the matters released by the Employee Releasing
  Parties, hereby agrees, represents, and warrants that the Released Claim(s)
  in this Agreement are not limited to matters that are known or disclosed, and
  Employee, for Employee and for other Employee Releasing Parties, hereby waives
  any and all rights and benefits that Employee now has, or in the future may
  have conferred upon Employee, by virtue of any provisions of law (including,
  but not limited to, the provisions of California Civil Code Section 1542, set
  forth below) stating that a general release does not extend to claims that a
  releasing party does not know or suspect to exist in its favor at the time of
  executing the general release, which if known by it must have materially
  affected its settlement with the party being released.  Employee, for Employee and other Employee
  Releasing Parties, hereby acknowledges that Employee has been given the
  opportunity to consult legal counsel regarding such waiver and such waiver is
  made with full knowledge and understanding of its consequences and
  effects.  Employee, for Employee and
  other Employee Releasing Parties, also hereby acknowledges that such waiver
  is made with the full knowledge and understanding that California Civil Code
  Section 1542 provides as follows:

 

             “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE
CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF
EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED ITS
SETTLEMENT WITH THE DEBTOR."

	 	7.2	General
  Release by Employer.  In connection with the releases contained in
  Section 4, Employer, for Employer and for other Employer Releasing Parties with
  respect to the matters released by the Employer Releasing Parties, hereby
  agrees, represents, and warrants that the Released Claim(s) in this Agreement
  are not limited to matters that are known or disclosed, and Employer, for
  Employer and for other Employer Releasing Parties, hereby waives any
  and all rights and benefits that Employer now has, or in the future may have
  conferred upon Employer, by virtue of any provisions of law (including, but
  not limited to, the provisions of California Civil Code Section 1542, set
  forth below) stating that a general release does not extend to claims that a
  releasing party does not know or suspect to exist in its favor at the time of
  executing the general release, which if known by it must have materially
  affected its settlement with the party being released.  Employer, for Employer and other Employer
  Releasing Parties, hereby acknowledges that Employer has been given the
  opportunity to consult legal counsel regarding such waiver and such waiver is
  made with full knowledge and understanding of its consequences and
  effects.  Employer, for Employer and
  other Employer Releasing Parties, also hereby acknowledges that such waiver
  is made with the full knowledge and understanding that California Civil Code
  Section 1542 provides as follows:

             “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE
CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR AT THE TIME OF
EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED ITS
SETTLEMENT WITH THE DEBTOR."

	 	7.3	Release
  of Unknown Facts by Employee.  Employee, for Employee and other Employee Releasing Parties, hereby
  agrees, represents and warrants that Employee realizes and acknowledges that
  factual matters now unknown to Employee may have given or hereafter may give
  rise to causes of action, claims, demands, debts, controversies, damages,
  costs, losses and expenses that are presently unknown, unanticipated, and
  unsuspected; and Employee further agrees, represents, and warrants that this
  Release has been negotiated and agreed upon in light of that realization and
  that, nevertheless, Employee specifically and expressly intends for the
  release set forth above to extend to such unknown causes of action, claims,
  demands, debts, controversies, damages, costs, losses and expenses that are
  in any way set forth in or related to the matters identified hereinabove.
	 	 	 

 

	 	7.4	Release
  of Unknown Facts by Employer.  Employer, for Employer and other Employer Releasing Parties, hereby
  agrees, repre­sents and warrants that Employer realizes and acknowledges that
  factual matters now unknown to Employer may have given or hereafter may give
  rise to causes of action, claims, demands, debts, controversies, damages,
  costs, losses and expenses that are presently unknown, unanticipated, and unsuspected;
  and Employer further agrees, represents, and warrants that this Release has
  been negotiated and agreed upon in light of that realization and that,
  nevertheless, Employer specifically and expressly intends for the release set
  forth above to extend to such unknown causes of action, claims, demands,
  debts, controversies, damages, costs, losses and expenses that are in any way
  set forth in or related to the matters identified hereinabove.

8.          EMPLOYEE'S RIGHTS UNDER THE ADEA.

	 	8.1	Consultation
  With an Attorney.  Employee has the right and is encouraged to
  consult with an attorney regarding the meaning and legal effect of the
  provisions of this Agreement.
	 	 	 
	 	8.2	Review
  Period.  Pursuant to Section 3.2 of this Agreement,
  Employee shall have not less than twenty-one (21) days from the date on which
  Employee receives a final copy of this Agreement in which to consider the
  terms of this Agreement.  However,
  Employee may waive such minimum review period by signing and delivering this
  Agreement to Employer in advance of the expiration of such 21-day period.
	 	 	 
	 	8.3	Waiver
  of Future Rights and Claims.  Employee's and Employer’s releases and waivers contained in this
  Agreement shall not cover or relate to any Employee or Employer rights or
  claims that may arise or result from any transactions or relationship between
  Employer and Employee that occur after the date of consummation of the
  Reorganization Agreement.
	 	 	 
	 	8.4	Right
  of Revocation. Pursuant to Section 3.2 of this Agreement, Employee shall have the
  right to revoke this Agreement at any time during the seven-day period
  beginning on the date Employee executes this Agreement.

9.          REPRESENTATIONS AND WARRANTIES.

	 	9.1	Representations and Warranties by Employee.  Employee, for Employee and other Employee
  Releasing Parties, hereby represents and warrants to Employer that:
	 	 	 
	 	 	9.1.1	Employee has carefully read this Agreement, has
  been given the opportunity to consult legal counsel regarding this Agreement
  and understands the contents and legal effect of each provision of this
  Agreement;
	 	 	 	 
	 	 	9.1.2	Employee has executed this Agreement voluntarily
  and without any duress or undue influence on the part of, or on behalf of,
  the parties hereto;
	 	 	 	 
	 	 	9.1.3	Employee has not previously assigned, encumbered, or
  in any manner transferred all or any portion of any Released Claim(s) covered
  by this Agreement;
	 	 	 	 
	 	 	9.1.4	No representation, warranty, or promise what­soever,
  express or implied, concerning the subject matter hereof and not contained
  herein, has been made by Employer, or any other Employer Party, to induce
  Employee to enter into this Agreement, and Employee has not entered into this
  Agreement in reliance upon any such representation, warranty, or promise; and
	 	 	 	 
	 	 	9.1.5	Employee has carefully read and understands the
  provisions of Section 7, which describes Employee’s rights under the ADEA.
	 	 	 
	 	9.2	Representations
  and Warranties by Employer.  Employer, for itself and other Employer Parties, hereby represents and
  warrants to Employee that:
	 	 	 
	 	 	9.2.1	It has carefully read this Agreement and
  understands the contents and legal effect of each provision of this
  Agreement;
	 	 	 	 
	 	 	9.2.2	It has executed this Agreement voluntarily and
  without any duress or undue influence on the part of, or on behalf of, the
  parties hereto;
	 	 	 	 
	 	 	9.2.3	It has not previously assigned, encumbered, or in
  any manner transferred all or any portion of any Released Claim(s) covered by
  this Agreement; and
	 	 	 	 
	 	 	9.2.4	No representation, warranty, or promise
  whatsoever, express or implied, concerning the subject matter hereof and not
  contained herein, has been made by Employer to induce Employee to enter into
  this Agreement, and Employee has not entered into this Agreement in reliance
  upon any such representa­tion, warranty, or promise.
							

10.        MISCELLANEOUS.

	 	10.1	No
  Warranty of Tax Treatment of Consideration.  Employer makes no warranty or representation as to
  the tax effect or treatment of any consideration paid Employee pursuant to
  this Agreement.  Employee shall be
  responsible to obtain independent tax advice to determine if the monies paid
  hereunder constitute taxable income and Employee shall indemnify and hold the
  Employer harmless with respect to any taxes due and owing.

 

	 	 	 
	 	10.2	Entire
  Agreement.  This Agreement contains the entire agreement and
  understanding concerning the subject matter of this Agreement, supersedes and
  replaces all prior and contemporaneous negotiations and agreements between
  the parties hereto, whether written or oral. 
  There are no other agreements, representations or warranties, written
  or oral, by any party hereto to any other party hereto concerning the subject
  matter of this Agreement.  Any
  amendment, modification or change to this Agreement shall not be binding
  unless set forth in a writing duly executed by all parties to be bound or
  affected by such amendment, modification or change.
	 	 	 
	 	10.3	Jurisdiction.  This Agreement shall be deemed to be an agreement
  made under the laws of the State of California and for all purposes shall be
  governed by and construed in accordance with such laws.
	 	 	 
	 	10.4	Headings.  The headings contained in this Agreement are for
  ease of reference only, and may not be relied upon in construing or
  interpreting any provision hereof.
	 	 	 
	 	10.5	Attorneys'
  Fees.  In the event that any party hereto, or any of
  them, shall bring any action or proceeding against another party hereto, or
  any of them, with respect to a Released Claim(s) covered by this Agreement,
  then the prevailing party or parties in such action shall be entitled to
  recover all reasonable costs of litigation, including reasonable attorneys'
  fees and costs, in such amount as may be determined by the court having
  jurisdiction, including matters on appeal.
	 	 	 
	 	10.6	Counterparts.  This Agreement may be executed in one or more
  counterparts or duplicate originals, each of which shall be deemed an
  original and all of which together shall constitute but one and the same
  instrument.
	 	 	 
	 	10.7	Survival
  of Representations and Warranties.  The representations and warranties contained herein shall survive the
  termination of this Agreement.
	 	 	 
	 	10.8	Severability.  In case any provision of this Agreement shall be
  invalid, illegal or unenforceable, such provision shall be severable from the
  rest of this Agreement and the validity, legality and enforceability of the
  remaining provisions shall not in any way be affected or impaired thereby.
	 	 	 
	 	10.9	Modifications.  This Agreement cannot be changed, modified or
  supplemented except in a writing signed by all of the parties hereto.

 

             IN WITNESS
WHEREOF, the undersigned has executed and delivered this Settlement and Release
Agreement as of the date first set forth hereinabove.

Dated: 
December 26, 2000

	 	 	 
	/s/
  Robert Ucciferri	 	 
	

	 	 
	ROBERT
  UCCIFERRI	 	 
	 	 	 
	 	 	 
	Dated:  December 26, 2000_	 	 
	 	 	 
	BYL
  BANCORP,	 	BYL
  BANK GROUP,
	a
  California corporation	 	a
  California state banking corporation
	 	 	 
	By  /s/ H. Rhoads Martin	 	By
  /s/ H. Rhoads Martin
	 	

	 	

	 
	 	H.
  Rhoads Martin	H.
  Rhoads Martin	 
	 	Chairman
  of the Board	Chairman
  of the Board

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00028-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00028-of-00352.parquet"}]]