Document:

EX-10.1

 Exhibit 10.1 

INDEMNIFICATION AGREEMENT 

This Indemnification Agreement, dated as of June    , 2016, is made by and between CVB Financial
Corporation, a California corporation (the “Company”), and             (the “Indemnitee”). 

WHEREAS, 

A. The Company and the Indemnitee recognize that interpretation of ambiguous statutes, regulation, court opinions,
and the Company’s Articles of Incorporation and Bylaws, are too uncertain to provide the Company’s directors and officers with adequate or reliable advance knowledge or guidance with respect to the legal risks and potential liabilities to
which they may become personally exposed as a result of performing their duties in good faith for the Company and/or any of its subsidiaries; 

B. The Company and the Indemnitee are aware of the substantial growth in the number of lawsuits filed against
corporate officers and directors in connection with their activities in such capacities and by reason of their status as such; 

C. The Company and the Indemnitee recognize that the cost of defending against such lawsuits, whether or not meritorious, is
typically either beyond the financial resources of most directors and officers of the Company and/or any of its subsidiaries or far outweighs the limited benefits of serving as a director or officer; 

D. The Company and the Indemnitee recognize that the legal risks and potential liabilities, or the very threat thereof, and
the resultant substantial time and expense endured in defending against such lawsuits, bear no reasonable logical relationship to the amount of compensation received by the Indemnitee. These factors pose a significant deterrent to and induce
increased reluctance on the part of, experienced and capable individuals to serve as directors or officers of the Company and/or any of its subsidiaries; 

E. The Company has investigated the availability and deficiency of the liability insurance to provide its
directors and officers with adequate protection against the foregoing legal risks and potential liabilities. It has concluded that such insurance provides inadequate protection to its directors and officers. Thus, it would be in the best
interests of the Company and its shareholders to contract with some or all of its directors and officers, including the Indemnitee, to indemnify them to the fullest extent permitted by law against personal liability for actions taken in the
good faith performance of their duties to the Company and/or any of its subsidiaries; 
 F. Section 317 of the General
Corporation law of the State of California, which sets forth certain provisions relating to mandatory and permissive indemnification of officers and directors (among others) of a California corporation by such corporation requires indemnification in
certain circumstances, permits it in other circumstances, and prohibits it in some circumstances. 
 G. The Board of
Directors of the Company has determined, after due consideration 

  
 1 

 
and investigation of this Agreement and various other options available in lieu hereof, that the following Agreement is intended to : (1) induce and encourage highly experienced and capable
persons such as the Indemnitee to serve as directors or officers of the Company and/or any of its subsidiaries; (2) encourage such persons to resist what they consider unjustifiable suits and claims made against them in connection with the good
faith performance of their duties to the Company and/or any of its subsidiaries, secure in knowledge that certain expenses, costs and liabilities incurred by them in their defense of such litigation will be borne by the Company and that they will
receive the maximum protection against such risks and liabilities as legally may be made available to them; and (3) encourage directors and officers to exercise their best business judgment regarding matters which come before the Board of Directors
without undue concern for the risk that claims may be made against them on account thereof. 
 H. The Company desires to
have the Indemnitee continue to serve as director or officer of the Company and/or any of its subsidiaries free from concern for unpredictable, inappropriate or unreasonable legal risk and personal liabilities by reason of his or her acting in good
faith in the performance of his or her duty to the Company and/or any of its subsidiaries. The Indemnitee desires to continue to serve as a director or officer of the Company and/or any of its subsidiaries, provided, and on the express condition,
that he or she is furnished with the indemnity set forth herein. 
 I. The Company wishes to provide in this Agreement for
the indemnification of and the advancing of expenses to the Indemnitee to the fullest extent (whether partial or complete) permitted by law and as set forth in the Agreement, and, to the extent insurance is maintained, for the continued coverage of
the Indemnitee under the directors’ and officers’ liability insurance policy of the Company. 
 NOW, THEREFORE, in
consideration of the premises and of the Indemnitee continuing to serve the Company directly and/or, on its behalf or at its request, as an officer, director, manager, member, partner, fiduciary or trustee of, or in a similar capacity with another
Person (as defined below), any subsidiary or any employee benefit plan, and intending to be legally bound hereby, the parties hereto agree as follows: 

1. Certain Definitions. In addition to terms defined elsewhere herein, the following terms have the following meanings
when used in this Agreement: 
 (a) Agreement: means this Indemnification Agreement, as amended from time to
time hereafter. 
 (b) Board of Directors: means the Board of Directors of the Company and/or the Board of
Directors of any subsidiary of the Company. 
 (c) Claim: means any threatened, asserted, pending or
completed civil, criminal, administrative, investigative or other action, suit or proceeding of any kind whatsoever, including any arbitration or other alternative dispute resolution mechanism, or any appeal of any kind thereof, or any inquiry or
investigation, whether instituted by the Company and/or any of its subsidiaries, any governmental agency or any other party, that the Indemnitee in good faith believes might lead to the institution of any such action, suit or proceeding, whether
civil, criminal, administrative, investigative or other, including any arbitration or other alternative dispute resolution mechanism. 

  
 2 

 (d) Indemnifiable Expenses: means (i) all expenses and
liabilities, including judgments, fines, penalties, interest, amounts paid in settlement with the approval of the Company and/or any of its subsidiaries, and counsel fees and disbursements (including, without limitation, experts’
fees, court costs, retainers, transcript fees, duplicating, printing and binding costs, as well as telecommunications, postage and courier charges) paid or incurred in connection with investigation, defending, being a witness in
or participating in (including on appeal), or preparing to investigate, defend, be a witness in or participate in, any Claim relating to any Indemnifiable Event (as defined below) by reason of the fact that Indemnitee is, was or has agreed to serve
as a director, officer, employee or agent of the Company and/or any of its subsidiaries, or while serving or has agreed to serve on behalf of or at the request of the Company as a director, officer, manager, member, partner, fiduciary, trustee or in
a similar capacity of any subsidiary of the Company or of another Person, or by reason of any action alleged to have been taken or omitted in any such capacity, whether occurring before, on or after the date of this Agreement (any such event, an
“Indemnifiable Event”), (ii) any liability pursuant to a loan guaranty (other than a loan guaranty given in a personal capacity) or otherwise, for any indebtedness of the Company or any subsidiary of the Company which the Company or any
such subsidiary has assumed or taken subject to, and (iii) any liabilities which an Indemnitee incurs as a result of acting on behalf of the Company and/or any subsidiary of the Company (whether as a fiduciary or otherwise) in connection with the
operation, administration or maintenance of an employee benefit plan or any related trust or funding mechanism (whether such liabilities are in the form of excise taxes assessed by the United States Internal Revenue Service, penalties assessed by
the United States Department of Labor, restitutions to such a plan or trust or other funding mechanism or to a participant or beneficiary of such plan, trust or other funding mechanism, or otherwise). 

(e) Loss: means all losses, Claims, damages, fines or penalties, including, without limitation, any legal or
other expenses (including, without limitation, any legal fees, judgments, fines, appeal bonds or related expenses) incurred in connection with defending, investigating or settling any Claim, fine, penalty or similar action. 

(f) Person: means any individual, corporation, firm, partnership, joint venture, limited liability company,
estate, trust, business association, organization, governmental entity or other entity. 
 2. Basic Indemnification
Arrangement: Advancement of Indemnifiable Expenses. 
 (a) In the event that the Indemnitee was, is or
becomes subject to, a party to or witness or other participant in, or is threatened to be made subject to, a party to or witness or other participant in, a Claim by reason of (or arising in part out of) an Indemnifiable Event, the Company shall
indemnify the Indemnitee, or cause such Indemnitee to be indemnified, to the fullest extent permitted by the laws of the State of California in effect on the date hereof and as amended from time to time, and shall hold the Indemnitee harmless from
and against all Losses that arise by reason of (or arising in part out of) an 

  
 3 

 
Indemnifiable Event; provided, however, that no change in the laws of the State of California shall have the effect of reducing the benefits available to the Indemnitee hereunder based on the
laws of the State of California as in effect on the date hereof or as such benefits may improve as a result of amendments after the date hereof. The rights of the Indemnitee provided in this Section 2 shall include, without limitation, the rights
set forth in the other sections of this Agreement. Payments of Indemnifiable Expenses shall be made as soon as practicable but in any event no later than twenty (20) calendar days after written demand is presented to the Company, against any all
Indemnifiable Expenses. 
 (b) Upon request by the Indemnitee, the Company shall advance, or cause to be
advanced, any and all Indemnifiable Expenses incurred by the Indemnitee (an “Expense Advance”) on the terms and subject to the conditions of this Agreement, as soon as practicable but in any event no later than twenty (20)
calendar days after written demand, together with supporting documentation, is presented to the Company. The Company shall, in accordance with such request (but without duplication), either (i) pay, or cause to be paid, such Indemnifiable Expenses,
on behalf of the Indemnitee, or (ii) reimburse, or cause the reimbursement of, the Indemnitee for such Indemnifiable Expenses. However, the obligation of the Company to make an Expense Advance pursuant to this Section 2(b) shall be subject to
the condition that, if, when and to the extent that a final judicial determination is made (as to which all rights of appeal therefrom have been exhausted or lapsed) that the Indemnitee is not entitled to be so indemnified under
applicable law, the Company shall be entitled to be reimbursed by the Indemnitee (who hereby agrees to reimburse the Company) for all such amounts theretofore paid (it being understood and agreed that the foregoing agreement by the Indemnitee shall
be deemed to satisfy any requirement that the Indemnitee provide the Company with an undertaking to repay any Expense Advance if it is ultimately determined that the Indemnitee is not entitled to indemnification under applicable law). Subject to
Section 2(g), the Indemnitee’s undertaking to repay such Expense Advances shall be unsecured and interest-free. 

(c) Notwithstanding anything in this Agreement to the contrary, the
Indemnitee shall not be entitled to indemnification or advancement of Indemnifiable Expenses pursuant to this Agreement in connection with any Claim initiated by the Indemnitee unless (i) the Company has joined in or the Board of Directors has
authorized or consented to the initiation of such Claim or (ii) the Claim is one to enforce the Indemnitee’s rights under this Agreement (including an action pursued by the Indemnitee to secure a determination that the Indemnitee should be
indemnified under applicable law). 
 (d) The indemnification obligations of the Company under Section 2(a)
shall be subject to the condition that the Board of Directors shall have determined (by majority vote of directors who are not parties to the applicable Claim) that the indemnification of the Indemnitee is proper in the circumstances because the
Indemnitee is entitled to be indemnified under applicable law. If a majority of the Board of Directors is or is reasonably likely to become parties to the applicable Claim, the determination whether indemnification of the Indemnitee is proper
in the circumstances because the Indemnitee 

  
 4 

 
is entitled to be indemnified under applicable law shall instead be made by independent legal counsel in a written opinion. If the Board of Directors or independent legal counsel determines that
the Indemnitee is not entitled to be indemnified in whole or in part under applicable law, the Indemnitee shall have the right to commence litigation in any court in the State of California having subject matter jurisdiction thereof and in which
venue is proper, seeking an initial determination by the court or challenging any such determination by the Board of Directors or independent legal counsel, including the legal or factual bases therefor, and the
Company hereby consents to service of process and to appear in any such proceeding. If the Indemnitee commences legal proceedings in a court of competent jurisdiction to secure a determination that the Indemnitee should be indemnified under
applicable law, any determination made by the Board of Directors or independent legal counsel that the Indemnitee is not entitled to be indemnified under applicable law shall not be binding, the Indemnitee shall continue to be entitled to receive
Expense Advances, and the Indemnitee shall not be required to reimburse the Company for any Expense Advance, until a final judicial determination is made in the Claim (as to which all rights of appeal therefrom have been exhausted or lapsed) that
the Indemnitee is not entitled to be so indemnified under applicable law. Any determination by the Board of Directors or independent legal counsel otherwise shall be conclusive and binding on the Company and the Indemnitee. 

(e) To the extent that the Indemnitee has been successful on the merits or otherwise in defense of any or all
Claims relating in whole or in part to an Indemnifiable Event or in defense of any issue or matter therein, including dismissal without prejudice, the Indemnitee shall be indemnified against all Indemnifiable Expenses actually and reasonably
incurred in connection therewith, notwithstanding an earlier determination by the Board of Directors or independent legal counsel that the Indemnitee is not entitled to indemnification under applicable law. 

(f) Notwithstanding anything to the contrary herein, the Company shall not be obligated pursuant to the terms
of this Agreement to indemnify Indemnitee for any acts or omissions or transactions from which a director, officer, employee or agent may not be relieved of liability under applicable law. No indemnification under this Agreement shall be paid by the
Company (except to the extent it is provided from policies of insurance carried by the Company) on account of any Claim (i) in which judgment is rendered against Indemnitee for an accounting of profits made from the purchase or sale by Indemnitee of
securities of the Company under the provisions of section 16(b) of the Securities Exchange Act of 1934, or similar provisions of any federal, state or local laws. 

(g) Notwithstanding any other provisions contained herein, this Agreement and the rights and obligations of the
parties hereto are subject to the requirements, limitations and prohibitions set forth in state and federal laws, rules, regulations, and orders regarding indemnification and prepayment of expenses, legal or otherwise, and liabilities, including,
without limitation, Sections 204 and 317(c) of the California Corporations Code, Section 18(k) of the Federal Deposit Insurance Act and Part 359 of the Federal Deposit Insurance Corporation’s Rules and Regulations and any successor regulations
thereto. 

  
 5 

 3. Indemnification of Additional Expenses. The Company shall indemnify, or
cause the indemnification of, the Indemnitee against any and all Indemnifiable Expenses and, if requested by the Indemnitee, shall advance such Indemnifiable Expenses to the Indemnitee subject to and in accordance with Section 2,
which are incurred by the Indemnitee in connection with any action brought by the Indemnitee, the Company or any other Person with respect to the Indemnitee’s right to: (i) indemnification or an Expense Advance by the Company under this
Agreement or any provision of the Company’s Articles of Incorporation and/or Bylaws and/or (ii) recovery under any directors’ and officers’ liability insurance policies maintained by the Company, regardless of whether the Indemnitee
ultimately is determined to be entitled to such indemnification, Expense Advance or insurance recover, as the case may be; provided that the Indemnitee shall be required to reimburse such Indemnifiable Expenses in the event that a final judicial
determination is made in the Claim (as to which all rights of appeal therefrom have been exhausted or lapsed) that such action brought by the Indemnitee was frivolous, or that the Indemnitee acted in bad faith in an action brought by the Company or
any other Person. 
 4. Partial Indemnity, etc. If the Indemnitee is entitled under any provision of this Agreement
to indemnification by the Company for some or a portion of the Indemnifiable Expenses in respect of a Claim but not, however, for the total amount thereof, the Company shall nevertheless indemnify the Indemnitee for the portion thereof to which the
Indemnitee is entitled. 
 5. Burden of Proof. In connection with any determination by the Board of Directors,
independent legal counsel, any court or otherwise as to whether the Indemnitee is entitled to be indemnified hereunder, the Board of Directors, independent legal counsel or the applicable court shall presume that the Indemnitee has satisfied the
applicable standard of conduct and is entitled to indemnification, and the burden of proof shall be on the Company or its representative to establish, by clear and convincing evidence, that the Indemnitee is not so entitled. 

6. Reliance as Safe Harbor. The Indemnitee shall be entitled to indemnification for any action or omission to act
undertaken (a) in good faith reliance upon the records of the Company and/or any of its subsidiaries, including its financial statements, or upon information, opinions, reports or statements furnished to the Indemnitee by the officers or employees
of the Company or any of its subsidiaries in the course of their duties, or by committees of the Board of Directors, or by any other Person as to matters the Indemnitee reasonably believes are within such other Person’s professional or expert
competence, or (b) on behalf of the Company and/or any of its subsidiaries in furtherance of the interest of the Company or such subsidiary, as applicable, in good faith in reliance upon, and in accordance with, the advice of legal counsel or
accountants, provided such legal counsel or accountants were selected with reasonable care by or on behalf of the Company or any applicable subsidiary. In addition, the knowledge and/or actions, or failures to act, of any other director,
officer, agent or employee of the Company or any of its subsidiaries shall not be imputed to the Indemnitee for purposes of determining the right to indemnity hereunder. 

7. No Other Presumptions. For purposes of this Agreement, the termination of any Claim, action, suit or proceeding, by
judgment, order, settlement (whether with or without court approval) or conviction, or upon a plea of nolo contendere or its equivalent, shall not create a presumption that the Indemnitee did not meet any particular standard of conduct or have any
particular belief or that a court has determined that indemnification is not permitted by applicable 

  
 6 

 
law. In addition, neither the failure of the Board of Directors or independent legal counsel to have made a determination as to whether the Indemnitee has met any particular standard of conduct
or had any particular belief, nor an actual determination by the Board of Directors or independent legal counsel that the Indemnitee has not met such standard of conduct or did not have such belief, prior to the commencement of legal proceedings by
the Indemnitee to secure a judicial determination that the Indemnitee should be indemnified under applicable law, shall be a defense to the Indemnitee’s claim or create a presumption that the Indemnitee has not met any particular standard of
conduct or did not have any particular belief. 
 8. Non-exclusivity, etc. The rights of the Indemnitee hereunder
shall be in addition to any other rights the Indemnitee may have under the Company’s Articles of Incorporation and Bylaws, the laws of the State of California, or otherwise. To the extent that a change in the laws of the State of California or
the interpretation thereof (whether by statute of judicial decision) permits greater indemnification by agreement than would be afforded currently under the Company’s Articles of Incorporation and Bylaws, it is the intent of the parties hereto
that the Indemnitee shall enjoy by this Agreement the greater benefits so afforded by such change. To the extent that there is a conflict or inconsistency between the terms of this Agreement and the Company’s Articles of Incorporation or
Bylaws, it is the intent of the parties hereto that the Indemnitee shall enjoy the greater benefits regardless of whether contained herein, in the Company’s Articles of Incorporation or Bylaws or any other agreement. 

9. Liability Insurance. The Company shall use its reasonable best efforts to purchase and maintain a policy or policies
of insurance with reputable insurance companies with A.M. Best ratings of “A” or better, providing Indemnitee with coverage for any liability asserted against, or incurred by, Indemnitee or on Indemnitee’s behalf by reason of the
fact that Indemnitee is or was or has agreed to serve as a director, officer, employee or agent of the Company and/or any of its subsidiaries, or while serving as a director or officer of the Company and/or any of its subsidiaries, is or was serving
or has agreed to serve on behalf of or at the request of the Company as a director, officer, employee or agent, (which, for purposes hereof, shall include a trustee, fiduciary, partner or manager or similar capacity) of another corporation, limited
liability company, partnership, joint venture, trust, employee benefit plan or other enterprise, or arising out of Indemnitee’s status as such, whether or not the Company would have the power to indemnify Indemnitee against such liability under
the provisions of this Agreement. Such insurance policies shall have coverage terms and policy limits at least as favorable to Indemnitee as the insurance coverage provided to any other director or officer of the Company or any of its subsidiaries.
If the Company has such insurance in effect at the time the Company receives from Indemnitee any notice of the commencement of an action, suit or proceeding, the Company shall give prompt notice of the commencement of such action, suit or proceeding
to the insurers in accordance with the procedures set forth in the policy. The Company shall thereafter take all necessary or desirable action to cause such insurers to pay, on behalf of the Indemnitee, all amounts payable as a result of such
proceeding in accordance with the terms of such policy. 
 10. Amendments, etc. No supplement, modification or
amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof (whether or not
similar) nor shall such waiver constitute a continuing waiver. In the event the Company or any of its subsidiaries enters into an indemnification agreement with another 

  
 7 

 
director, officer, agent, fiduciary or manager of the Company or any of its subsidiaries containing a term or terms more favorable to the indemnitee than the terms contained herein (as determined
by the Indemnitee) , the Indemnitee shall be afforded the benefit of such more favorable term or terms and such more favorable terms or terms shall be deemed incorporated by reference herein as if set forth in full here. As promptly as practicable
following the execution by the Company or the relevant subsidiary of each indemnity agreement with any such other director, officer or manager (i) the Company shall send a copy of the indemnity agreement to the Indemnitee, and (ii) if requested by
the Indemnitee, the Company shall prepare, execute and deliver to the Indemnitee an amendment to this Agreement containing such more favorable term or terms. 

11. Subrogation. In the event of payment by the Company under this Agreement, the Company shall be subrogated to the
extent of such payment to all of the rights of recovery of the Indemnitee with respect to any insurance policy. Indemnitee shall execute all papers reasonably required and shall do everything that may be reasonably necessary to secure
such rights, including the execution of such documents necessary to enable the Company effectively to bring suit to enforce such rights. The Company shall pay or reimburse all expenses actually and reasonably incurred by Indemnitee in connection
with such subrogation. 
 12. No Duplication of Payments. The Company shall not be liable under this Agreement to
make any payment in connection with any Claim made against the Indemnitee to the extent the Indemnitee has otherwise actually received payment (under any insurance policy, any provision of the Company’s Articles of Incorporation and Bylaws, or
otherwise) of the amounts otherwise indemnifiable hereunder. 
 13. Defense of Claims. The Company shall be entitled
to participate in the defense of any Claim relating to an Indemnifiable Event or to assume the defense thereof, with counsel reasonably satisfactory to the Indemnitee; provided that if the Indemnitee reasonably believes, after consultation with
counsel selected by the Indemnitee, that (i) the use of counsel chosen by the Company to represent the Indemnitee would present such counsel with an actual or potential conflict of interest, (ii) the named parties in any such Claim (including any
impleaded parties) include both (A) the Company or any subsidiary of the Company and (B) the Indemnitee, and the Indemnitee concludes that there may be one or more legal defenses available to him that are different from or in addition to those
available to the Company or any subsidiary of the Company or (iii) any such representation by such counsel would be precluded under the applicable standards of professional conduct then prevailing, then the Indemnitee shall be entitled to
retain separate counsel (but not more than one law firm plus, if applicable, local counsel in respect of any particular Claim) at the Company’s expense. The Company shall not be liable to the Indemnitee under this Agreement for any amounts paid
in settlement of any Claim relating to an Indemnifiable Event which is effectuated without the Company’s prior written consent. The Company shall not, without the prior written consent of the Indemnitee, effect any settlement of any Claim
relating to an Indemnifiable Event which the Indemnitee is or could have been a party unless such settlement solely involves the payment of money and includes a complete and unconditional release of the Indemnitee from all liability on all claims
that are the subject matter of such Claim. Neither the Company nor the Indemnitee shall unreasonably withhold its or his consent to any proposed settlement; provided that the Indemnitee may withhold consent to any settlement that does not provide a
complete and unconditional release of the Indemnitee. To the fullest extent permitted by California law, the Company’s assumption of the defense of a Claim 

  
 8 

 
pursuant to this Section 13 will constitute an irrevocable acknowledgement by the Company that any Indemnifiable Expenses incurred by or for the account of the Indemnitee incurred in connection
therewith are indemnifiable by the Company under Section 2 of this Agreement. 
 14. Binding Effect, etc. This
Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors (including any direct or indirect successor by purchase, merger, consolidation or otherwise to all or substantially
all of the business and/or assets of the Company), assigns, spouses, heirs, executors and personal and legal representatives. The Company shall require and cause any successor(s) (whether directly or indirectly, whether in one or a series of
transactions, and whether by purchase, merger, consolidation, or otherwise) to all or a significant portion of the business and/or assets of the Company and/or its subsidiaries (on a consolidated basis), by written agreement in form and substance
reasonably satisfactory to the Indemnitee, expressly to assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform if no such succession had taken place; provided that no such
assumption shall relieve the Company from its obligations hereunder and any obligations shall thereafter be joint and several. This Agreement shall continue in effect regardless of whether the Indemnitee continues to serve as a director or officer
of the Company and/or on behalf of or at the request of the Company as a director, officer, manager, member, partner, fiduciary, trustee or in a similar capacity of any subsidiary of the Company or another Person. Except as provided in this Section
14, neither party shall, without the prior written consent of the other, assign or delegate this Agreement or any rights or obligations hereunder. 

15. Severability. If any provision or provisions of this Agreement shall be held to be invalid, illegal or
unenforceable for any reason whatsoever, (a) the validity, legality and enforceability of the remaining provisions of this Agreement (including, without limitation, all portions of any paragraph of this Agreement containing any such provision held
to be invalid, illegal or unenforceable, that are not themselves invalid, illegal or unenforceable) shall not in any way be affected or impaired thereby and (b) to the fullest extent possible, the provisions of this Agreement (including, without
limitation, all portions of any paragraph of this Agreement containing any such provision held to be invalid, illegal or unenforceable) shall be construed so as to give effect to the intent manifested by the provision held invalid, illegal or
unenforceable and to give effect to the terms of this Agreement. 
 16. Specific Performance, etc. The parties
recognize that if any provision of this Agreement is violated by the parties hereto, the Indemnitee may be without an adequate remedy at law. Accordingly, in the event of any such violation, the Indemnitee shall be entitled, if the Indemnitee so
elects, to institute proceedings, either in law or at equity, to obtain damages, to enforce specific performance, to enjoin such violation, or to obtain any relief or any combination of the foregoing as the Indemnitee may elect to pursue. 

17. Notices. All notices, requests, consents and other communications hereunder to any party shall be deemed to be
sufficient if contained in a written document delivered in person or sent by telecopy, nationally recognized overnight courier or personal delivery, addressed to such party at the address set forth below or such other address as may hereafter be
designated on the signature pages of this Agreement or in writing by such party to the other parties: 

  
 9 

	 	(a)	 To the Company: 

CVB Financial Corp. 

701 North Haven Avenue 

Ontario, CA 91764 

Attention: Chief Financial Officer 

Fax: (909) 481-2120 
  

	 	(b)	 If to the Indemnitee, to the address set forth on Annex A hereto. 

All such notices, requests, consent and other communications shall be deemed to have all been given or made if and when received (including by
overnight courier) by the parties at the above addresses or sent by electronic transmission, with confirmation received, to the fax numbers specified above (or at such other address or fax number for a party as shall be specified by like notice).
Any notice delivered by any party hereto to any other party hereto shall also be delivered to each other party hereto simultaneously with delivery to the first party receiving such notice. 

18. Counterparts. This Agreement may be executed in counterparts, each of which shall for all purposes be deemed to be an
original but all of which together shall constitute one and the same agreement. Only one such counterpart signed by the party against whom enforceability is sought needs to be produced to evidence the existence of this Agreement. 

19. Headings. The headings of the sections and paragraphs of this Agreement are inserted for convenience only and
shall not be deemed to constitute part of this Agreement or to affect the construction or interpretation thereof. 

  
 10 

 20. Governing Law. This Agreement shall be governed by and construed and
enforced in accordance with the laws of the State of California applicable to contracts made and to be performed in such state without giving effect to the principles of conflicts of laws. 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written. 

 

			
	CVB FINANCIAL CORP.

  

			
	 By:
	 	  

 
			
	 Name:
	 	  

			
	 Title:
	 	  

			
	
	“INDEMNITEE”

  

			
	 By:
	 	  

			
	 Name:
	 	  

  
 11 

 Annex A 
  

			
	Name and Business Address:
	  

	  

	  

			
	 Attention:
	 	  

			
	 Telephone:
	 	  

			
	 Fax:
	 	  

  
 A-1Exhibit

SECOND AMENDMENT TO AMENDED AND RESTATED MASTER REPURCHASE AGREEMENT
THIS SECOND AMENDMENT TO AMENDED AND RESTATED MASTER REPURCHASE AGREEMENT (the “Amendment”), dated as of June 24, 2016, is made and entered into among PULTE MORTGAGE LLC (the “Seller”), COMERICA BANK (“Comerica”), as agent (in such capacity, the “Agent”) and a Buyer, and the other financial institutions from time to time signatories thereto (the “Buyers”).
RECITALS:
A.    The Agent, the Seller and the Buyers are parties to that certain Amended and Restated Master Repurchase Agreement dated as of September 4, 2015 (as amended or otherwise modified from time to time, the “Repurchase Agreement”).
B.    The Agent, the Seller and the Buyers now desire to further amend certain provisions of the Repurchase Agreement as set forth herein.
AGREEMENT:
In consideration of the premises herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, all parties hereto agree as follows:
1.Capitalized terms used and not otherwise defined in this Amendment have the meanings specified in the Repurchase Agreement.
2.The Seller has requested that the date of the final increase in the Maximum Aggregate Commitment be modified.  In connection therewith, Schedule BC of the Repurchase Agreement is amended and restated by Schedule BC attached hereto.
3.Reassertion of Representations and Warranties, No Default.  The Seller hereby represents and warrants that on and as of the date hereof and after giving effect to this Amendment (a) all of the representations and warranties contained in the Repurchase Agreement are true, correct and complete in all material respects as of the date hereof as though made on and as of such date, except for changes permitted by the terms of the Repurchase Agreement, and (b) no Default or Event of Default has occurred and is continuing. 
4.Authority, No Conflict, No Consent Required.  The Seller represents and warrants that the Seller has the limited liability company power and authority to enter into this Amendment and has duly authorized as appropriate the execution and delivery of this Amendment by proper limited liability company action and none of the agreements contained herein contravene or constitute a default under any material agreement, instrument or indenture to which the Seller is a party or a signatory or any provision of the Seller’s Articles of Organization, Operating Agreement or any requirement of law, or result in the imposition of any Lien on any of its property under any agreement binding on or applicable to the Seller or any of its property except, if any, in favor of the Buyers.  The Seller represents and warrants that no consent, approval or authorization of or registration or declaration with any Person, including but not limited to any governmental authority, is required in connection with the execution and delivery by the Seller of this Amendment or the performance of obligations of the Seller herein described, except for those which the Seller has obtained or provided and as to which the Seller has delivered certified copies of documents evidencing each such action to the Buyers.
5.No Adverse Claim. The Seller hereby warrants, acknowledges and agrees that no events have taken place and no circumstances exist at the date hereof which would give the Seller a basis to assert a defense, offset or counterclaim to any claim of the Agent or the Buyers with respect to the Seller’s obligations under the Repurchase Agreement as amended by this Amendment.

1

6.Conditions Precedent.  The effectiveness of the amendments hereunder shall be subject to satisfaction of the following conditions precedent:
		
	(a)
	Receipt by the Agent of this Amendment duly executed by the Seller, the Agent and the Buyers.

7.Ratifications.  The terms and provisions set forth in this Amendment shall modify and supersede all inconsistent terms and provisions set forth in the Repurchase Agreement and the other Repurchase Documents and except as expressly modified and superseded by this Amendment, the terms and provisions of the Repurchase Agreement and each other Repurchase Document are ratified and confirmed and shall continue in full force and effect.
8.Survival.  The representations and warranties made by the Seller in this Amendment shall survive the execution and delivery of this Amendment.
9.Reference to Repurchase Agreement.  Each of the Repurchase Documents, including the Repurchase Agreement and any and all other agreements, documents, or instruments now or hereafter executed and delivered pursuant to the terms hereof or pursuant to the terms of the Repurchase Agreement as amended hereby, are hereby amended so that any reference in such Repurchase Documents to the Repurchase Agreement shall mean a reference to the Repurchase Agreement as amended and modified hereby.
10.Applicable Law.  This Amendment shall be governed by and construed in accordance with the laws of the State of Michigan as applicable to the Repurchase Agreement.
11.Successors and Assigns.  This Amendment is binding upon and shall inure to the benefit of the Agent, the Buyers, the Seller and their respective successors and assigns, except that the Seller may not assign or transfer any of its rights or obligations hereunder without the prior written consent of each of the Buyers.
12.Counterparts.  This Amendment may be executed in one or more counterparts, each of which when so executed shall be deemed to be an original, but all of which when taken together shall constitute one and the same instrument.
13.Headings.  The headings, captions, and arrangements used in this Amendment are for convenience only and shall not affect the interpretation of this Amendment.
14.ENTIRE AGREEMENT.  THIS AMENDMENT AND THE OTHER REPURCHASE DOCUMENTS REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES HERETO AND THERETO, AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES HERETO.  THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES.

[Remainder of This Page Intentionally Left Blank]

2

Signature Page to Second Amendment to Amended and Restated Master Repurchase Agreement
(11400882)
In witness whereof the parties have caused this Amendment to be executed as of the date first written above.
PULTE MORTGAGE LLC, 
as Seller and Servicer

By:  \s\ Scott E. Harris    
Name:  Scott E. Harris    
Title:  SVP/CFO    

3

COMERICA BANK, 
as Agent, Lead Arranger and a Buyer

By:  \s\ Jennifer L. Norris            
Name:  Jennifer L. Norris            
Title:  Vice President                

4

BMO HARRIS BANK N.A.

By:  \s\ Catherine Blaesing            
Name:      Catherine Blaesing            
Title:      Director                

5

BRANCH BANKING AND TRUST COMPANY

By:  \s\ Samuel W. Bryan            
Name:      Samuel W. Bryan            
Title:      SVP                    

6

EVERBANK

By:  \s\ James C. Peary                
Name:      James C. Peary            
Title:      Vice President                

7

BC-1
Detroit_11400882_1
SCHEDULE BC
TO Master Repurchase Agreement

The Buyers’ Committed Sums
(in dollars)
From September 4, 2015 through and including November 30, 2015
	
		
	Buyer
	Committed Sum

	Comerica Bank
	$61,250,000

	BMO Harris Bank N.A.
	$48,125,000

	Branch Banking and Trust Company
	$35,000,000

	EverBank
	$30,625,000

	Maximum Aggregate Commitment
	$175,000,000

From December 1, 2015 through and including December 15, 2015
	
		
	Buyer
	Committed Sum

	Comerica Bank
	$70,000,000

	BMO Harris Bank N.A.
	$55,000,000

	Branch Banking and Trust Company
	$40,000,000

	EverBank
	$35,000,000

	Maximum Aggregate Commitment
	$200,000,000

From December 16, 2015 through and including January 18, 2016 
	
		
	Buyer
	Committed Sum

	Comerica Bank
	$100,000,000

	BMO Harris Bank N.A.
	$80,000,000

	Branch Banking and Trust Company
	$80,000,000

	EverBank
	$50,000,000

	Maximum Aggregate Commitment
	$310,000,000

From January 19, 2016 through and including June 26, 2016 
	
		
	Buyer
	Committed Sum

	Comerica Bank
	$61,250,000

	BMO Harris Bank N.A.
	$48,125,000

	Branch Banking and Trust Company
	$35,000,000

	EverBank
	$30,625,000

	Maximum Aggregate Commitment
	$175,000,000

8

From June 27, 2016 and at all times thereafter
	
		
	Buyer
	Committed Sum

	Comerica Bank
	$70,000,000

	BMO Harris Bank N.A.
	$55,000,000

	Branch Banking and Trust Company
	$40,000,000

	EverBank
	$35,000,000

	Maximum Aggregate Commitment
	$200,000,000

9

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00259-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00259-of-00352.parquet"}]]