Document:

Prepared by MerrillDirect

EXHIBIT 10.25

FIRST AMENDMENT TO

MUTUAL RELEASE AGREEMENT

             THIS
First Amendment to the Mutual Release Agreement (the “First 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
"Employee").

W I T N E S S E T H:

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

             WHEREAS,
BYL, the Bank and Employee entered into a Mutual Release Agreement in order to
allow for Employee 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, Employee’s
employment agreement with the Bank is still in effect;

             WHEREAS,
upon receipt of all necessary regulatory approvals of Employee’s successor as
President and Chief Executive Officer of BYL and the Bank, the Employee 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 Employee’s Salary Continuation Agreement (“SCA”) 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 2.1 is amended in full as
follows:

             “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
receipt of all necessary regulatory approvals of Employee’s successor as
President and Chief Executive Officer of BYL and the Bank.”

2.          Section 2.2 is amended to read in full
as follows:

             “2.2      Board
of Directors.  Upon
receipt of all necessary regulatory approvals of Employee’s successor as
President and Chief Executive Officer of BYL and the Bank, Employee shall
resign from the Board of the Company and the Bank.”

3.          Section 2.3 is amended to read in full
as follows:

             “2.3      Executive
Salary Continuation Agreement and Consulting Agreement. Employee
and the Bank have agreed to the SCA dated November 28, 1995, as amended
December 20, 2000.  It is the desire of
Employer that Employee’s services be retained as a Consultant and the SCA be
amended by a Second Amendment to the SCA dated July 25, 2001 (the “Second
Amendment”).  The SCA and Second
Amendment are attached hereto as Exhibit “A” and incorporated herein by this reference.  In addition to the SCA and Second Amendment,
Employee is willing to continue to provide services to Employer as a consultant
under a separate Consulting Agreement, as amended.  The Consulting Agreement, dated December 20, 2000, as amended,
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 on the first and 15th of each month, commencing
August 15, 2001, plus certain benefits until December 31, 2003.  The SCA, as amended, 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 December
31, 2113; subject to the conditions and limitations set forth therein.  Employer agrees to undertake the obligations
under the SCA, as amended, and the Consulting Agreement, as amended, in
consideration of Employee agreeing to a full release of any and all claims that
Employee has against Employer as provided in this Agreement.”

4.          Section
2.5 is amended to read in full as follows:

             “2.5      Bank
Accruals.  The Bank has
expensed 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 approximately $97,577. 
The Bank shall take no action to jeopardize Consultant’s Salary
Continuation Agreement.”

5.          Capitalized
terms used herein and not otherwise defined shall have the same meaning as set
forth in the Mutual Release Agreement.

6.          This
First 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 Employee
and delivered to the other Party, it being understood that all Parties need not
sign the same counterpart.

7.          Except
as herein amended, the Mutual Release Agreement shall remain in full force and
effect.

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

9.          The
terms and conditions of this First 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 Employee 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
	 	 	 	 
	 	 	 	 
	 	 	EMPLOYEE:
	 	 	 	 
	 	 	/s/ Robert Ucciferri	 
	 	 	

	 
	 	 	Robert Ucciferri	 
	 	 	 	 
	 	 	1400 Lodge Pole	 
	 	 	

	 
	 	 	Hemet,
  CA	 
	 	 	

	 
	 	 	(Address)Prepared by MerrillDirect

Exhibit 10.26

CONSULTING
AGREEMENT

 

             I.           PARTIES

                           The parties to this
Consulting Agreement (the "Agreement") are BYL BANCORP, a California
Corporation (“BYL”), BYL BANK GROUP, a California banking corporation and
wholly-owned subsidiary of BYL (the "Bank"), and ROBERT UCCIFERRI, an
individual ("Consultant").

             II.          RECITALS

                           Consultant is
possessed of experience and talents in the management field which will be
useful to BYL and the Bank in the conduct of its financial institution
enterprise (the "Business").

             III.        HIRING

                           Upon the terms and
conditions set forth herein and upon the Consultant’s resignation of employment
from BYL and the Bank, and the termination of his employment agreement with the
Bank dated November 28, 1995, the Bank hereby hires Consultant as an
independent contractor of the Bank, not as an employee, and Consultant agrees
to provide services to Bank as described herein.

             IV.        DUTIES
OF CONSULTANT

                           Consultant agrees to
provide business development, customer retention, customer development, and
management consulting services as requested by the President and Chief
Executive Officer of BYL and/or the Bank. 
Consultant agrees to devote such time as is reasonably required for the
performance of these services, including but not limited to attendance at Board
meetings and such committee meetings as requested by the Board of Directors or
the President and Chief Executive Officer, and work with the officers of BYL
and the Bank to develop and implement customer retention and business
development strategies as requested by the President and Chief Executive
Officer.  Consultant agrees that, to the
best of his ability and experience, he will at all times loyally and
conscientiously perform all of the duties and obligations either expressly or
implicitly required of him by the terms of this Agreement.

             V.          TERM
AND COMMENCEMENT DATE

                           Subject
to "IX. TERMINATION" below, the term of this Agreement shall commence
on _________, _____ ("Commencement Date") and will terminate on
December 31, 2003 (the "Term"), subject to renewal upon such terms
and conditions as shall be agreed upon by BYL, the Bank and Consultant.

             VI.        DEATH

                           If
Consultant shall die during the Term, Bank shall continue to make such monthly
payments to Consultant’s surviving spouse for the remaining Term as provided in
Paragraph V above.  If Executive is not
survived by any spouse, said payments shall be made to the duly qualified
personal representative, executor or administrator of his estate.

             VII.       COMPENSATION

                           (a)         Bank agrees to pay Consultant and
Consultant agrees to accept as payment for his services to be performed in
accordance with this Agreement a consulting fee in the amount of $5,391.67 per
month, or $64,700 per year ("Base Annual Compensation") commencing on
the Commencement Date payable semi-monthly. 
In addition, during the term of this Agreement, Bank agrees to continue
payment for coverage of Consultant and his spouse under current (or
substantially similar) medical, dental and life insurance policies under which
Consultant was previously covered as an employee benefit during this employment
as President and Chief Executive Officer of BYL Bank Group, if Consultant is
eligible under the terms of any such plans. 
Bank agrees to pay Consultant and Consultant agrees to accept the consulting
fee under this consulting arrangement with the Bank as payment for his services
to be performed in accordance with this Agreement.

                           (b)        The Bank will expense 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.  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.  The Bank and Consultant agree to make any
necessary amendments to Consultant’s Salary Continuation Agreement to
accommodate the changes contemplated in this Agreement, and after December 31,
2003, Consultant shall begin to receive payments for ten years as provided in
Consultant’s Salary Continuation Agreement, as amended.

             VIII.      TIME

                           Consultant shall be
required to devote such time as is necessary to the performance of his duties
as Consultant of Bank.  Consultant may,
without the prior written consent of Bank, render services directly or
indirectly, of a business or commercial nature, to any other person or
organization, provided such other person or organization does not compete,
directly or indirectly with the business of the Bank.

             IX.        TERMINATION

                           Automatic
Termination.  This Agreement
automatically terminates if Bank is closed by or taken over by the California
Commissioner of Financial Institutions, the Federal Deposit Insurance
Corporation or any other supervisory authority; but in no event shall
Consultant's obligations under this Agreement terminate as a result of a sale
of assets, acquisition, merger or other like transaction involving Bank,
whether or not Bank is the surviving or resulting bank following such a
transaction.

                           The Bank or the
Consultant may terminate this Consulting Agreement at any time.  If Bank terminates this Consulting
Agreement, Bank shall immediately pay to Consultant the amount due under this
Consulting Agreement through the remainder of the Term.  If Consultant terminates this Consulting
Agreement, then Consultant shall not receive any further payments under this
Consulting Agreement.  The termination
of this Consulting Agreement will not affect the Bank’s obligations under
Consultant’s Salary Continuation Agreement.

             X.         OWNERSHIP
OF CUSTOMER RECORDS

                           All records of the
accounts of customers, and any other records and books relating in any manner
whatsoever to the customers of the Bank, whether prepared by Consultant or
otherwise coming into his possession, shall be the exclusive property of Bank
regardless of who actually purchased the original book or record.  All such books and records shall be
immediately returned to the Bank by Consultant upon the termination of this
Agreement.

             XI.        CONFIDENTIAL
INFORMATION

                           Without the prior
written permission of the Bank in each case, Consultant shall not publish,
disclose or make available to any other person, firm or corporation, either
during or after the termination of this Agreement, any confidential information
which Consultant may obtain during the Term, or which Consultant may create
prior to the end of the Term relating to the business of the Bank, or to the
business of any customer or supplier of any of them; provided, however,
Consultant may use such information during the Term for the benefit of the
Bank.  Prior to or at the termination of
this Agreement, Consultant shall return all documents, files, notes, writings
and other tangible evidence of such confidential information to the Bank.

             XII.       MISCELLANEOUS

                           A.         Assignment and Modification.  This Agreement and the rights and duties
hereunder may not be assigned by any party hereto without the prior written
consent of the other and the parties expressly agree that any attempt to assign
the rights of any party hereunder without such consent will be null and void,
provided, however, that a merger or consolidation into or with another
corporation, or reorganization, or sale of substantially all of its and/or
their assets to another corporation, firm or person shall not be deemed an
assignment for purposes of this paragraph.

                           B.          Further Assurance.  From time to time each party will execute
and deliver such further instruments and will take such other action as any
other party reasonably may request in order to discharge and perform their
obligations and agreements hereunder.

                           C.          Form of Documents.  All instruments, certificates, and other
documents to be executed and delivered under this Agreement by any party to the
other party shall be in a form satisfactory to the other party.

                           D.         Successors.  This Agreement shall be binding upon, and
shall inure to the benefit of, the successors and assigns of the parties.

                           E.          Entire Agreement.  Except as provided herein, this Agreement is
the entire agreement between the parties, and hereby supercedes any and all
prior written or oral negotiations, representations, understandings or
agreements between the parties.

                           F.          Governing Law.  This Agreement shall be construed in
accordance with California law.

                           G.          Executed Counterparts.  This Agreement may be executed in one or
more counterparts, all of which together shall constitute a single agreement
and each of which shall be an original for all purposes.

                           H.         Section Headings.  The various section headings are inserted
for convenience of reference only, and shall not affect the meaning or
interpretation of this Agreement or any section thereof.

                           I.           Calendar Days; Close of Business.  Unless the context otherwise requires, all
periods terminating on a given day, period of days, or date shall terminate on
the close of business on that day or date and references to "days"
shall refer to calendar days.

                           J.           Severability.  In the event that any of the provisions, or
portions thereof, of this Agreement are held to be unenforceable or invalid by
any court of competent jurisdiction, the validity and enforceability of the
remaining provisions or portions thereof, shall not be affected thereby.

                           K.         Attorneys' Fees.  In the event that any party shall bring an
action in connection with the performance, breach, or interpretation hereof,
then the prevailing party in such action as determined by the court having
jurisdiction, shall be entitled to recover from the losing party in such
action, as determined by the courts having jurisdiction, all reasonable
attorney’s fees, court costs, costs of investigation and other costs reasonably
related to such litigation, in such amounts as may be determined in the
discretion of the court having jurisdiction.

             XIV.     EXECUTION

                           This Agreement is
executed at ___________, California, to be effective as of the Commencement
Date.

 

	 	BYL:	 	BYL BANCORP.
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	By:	 
	 	

	 	 	 
	 	 	 	 	H. Rhoads Martin,
	 	 	 	 	Chairman of the Board
	 	 	 	 	 
	 	 	 	By: 	 
	 	

	 	 	 
	 	 	 	 	John Myers,
	 	 	 	 	Secretary
	 	 	 	 	 
	 	 	 	 	 
	 	BANK:	 	BYL BANK GROUP
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	By: 	 
	 	

	 	 	 
	 	 	 	 	H. Rhoads Martin,
	 	 	 	 	Chairman of the Board
	 	 	 	 	 
	 	 	 	By: 	 
	 	

	 	 	 
	 	 	 	 	John Myers,
	 	 	 	 	Secretary
	 	 	 	 	 
	 	CONSULTANT:	 	ROBERT UCCIFERRI

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