Document:

<PAGE>
                                  EXHIBIT 10.23

                                 FIRST AMENDMENT
                                     TO THE
                             VALLEY INDEPENDENT BANK
               AMENDED AND RESTATED SALARY CONTINUATION AGREEMENT
                                       FOR
                                HARRY G. GOODING

       THIS AMENDMENT is adopted this 1st day of July, 2002, by and between
VALLEY INDEPENDENT BANK, located in El Centro, California (the "Company") and
HARRY G. GOODING (the "Executive").

       The Company and the Executive executed the VALLEY INDEPENDENT BANK
AMENDED AND RESTATED SALARY CONTINUATION AGREEMENT on November 13, 2000 (the
"Agreement"). The undersigned hereby amends, in part, said Agreement to update
the Executive's Normal Retirement Benefit according to the terms of Section
2.1.1 of the Agreement, which will also change the amounts on Schedule A
attached to said Agreement, to clarify the Change of Control and Death Benefit
and to update the Agreement for recent regulatory changes. Therefore, the
following revisions shall be made:

       Article 1.3 of the Agreement shall be deleted in its entirety and
replaced by Article 1.3 below.

       1.3 "Disability" means the Executive suffering a sickness, accident or
injury which has been determined by the carrier of any individual or
group-disability insurance policy covering the Executive, or by the Social
Security Administration, to be a disability rendering the Executive totally and
permanently disabled. The Executive must submit proof to the Company of the
carrier's or Social Security Administration's determination upon the request of
the Company.

       Article 2.1.1 of the Agreement shall be deleted in its entirety and
replaced by Article 2.1.1 below.

              2.1.1 Amount of Benefit. The annual benefit under this Section 2.1
       is $170,448 (One Hundred Seventy Thousand Four Hundred Forty-eight
       Dollars). Commencing at the end of the first Plan Year, and each Plan
       Year thereafter, the annual benefit shall be increased 6 percent from the
       previous Plan Year to a projected annual benefit of $256,291 (Two Hundred
       Fifty-six Thousand Two Hundred Ninety-one Dollars) at Normal Retirement
       Age. Each February this benefit shall be reviewed and any additional
       increase in the annual benefit shall require the recalculation of
       Schedule A.

                                       55
<PAGE>

       Article 2.4.1 of the Agreement shall be deleted in its entirety and
replaced by Article 2.4.1 below.

              2.4.1 Amount of Benefit. The benefit under this Section 2.4 is the
Change of Control Annual Benefit set forth in Schedule A for the Plan Year in
which Termination of Employment occurs, determined by vesting the Executive in
the Normal Retirement Benefit Level for the current Plan Year.

       Article 2.4.4 below shall be added to the Agreement.

              2.4.4 Benefit Increases. Commencing on the first anniversary of
       the first benefit payment, and continuing on each subsequent anniversary,
       the Company's Board of Directors shall increase this Change of Control
       annual benefit by 3 percent (3%).

       Article 3.1 of the Agreement shall be deleted in its entirety and
replaced by Article 3.1 below.

       3.1 Death Benefit. The Company shall pay to the Executive's beneficiary
the death benefit described in the Split Dollar Agreement and Endorsement
attached as Addendum A between the Company and the Executive.

       Articles 6.1 and 6.2 of the Agreement shall be deleted in its entirety
and replaced by Articles 6.1 and 6.2 below.

       6.1 Claims Procedure. Any Executive or beneficiary who has not received
benefits under this Agreement that he or she believes should be paid
("claimant") shall make a claim for such benefits as follows:

              6.1.1 Initiation - Written Claim. The claimant initiates a claim
       by submitting to the Company a written claim for the benefits.

              6.1.2 Timing of Company Response. The Company shall respond to
       such claimant within 90 days after receiving the claim. If the Company
       determines that special circumstances require additional time for
       processing the claim, the Company can extend the response period by an
       additional 90 days by notifying the claimant in writing, prior to the end
       of the initial 90-day period, that an additional period is required. The
       notice of extension must set forth the special circumstances and the date
       by which the Company expects to render its decision.

              6.1.3 Notice of Decision. If the Company denies part or all of the
       claim, the Company shall notify the claimant in writing of such denial.
       The Company shall write the notification in a manner calculated to be
       understood by the claimant. The notification shall set forth:

                     (a) The specific reasons for the denial,

                     (b) A reference to the specific provisions of the Agreement
              on which the denial is based,

                     (c) A description of any additional information or material
              necessary for the claimant to perfect the claim and an explanation
              of why it is needed,

                     (d) An explanation of the Agreement's review procedures and
              the time limits applicable to such procedures, and

                                       56
<PAGE>

                     (e) A statement of the claimant's right to bring a civil
              action under ERISA Section 502(a) following an adverse benefit
              determination on review.

       6.2 Review Procedure. If the Company denies part or all of the claim, the
claimant shall have the opportunity for a full and fair review by the Company of
the denial, as follows:

              6.2.1 Initiation - Written Request. To initiate the review, the
       claimant, within 60 days after receiving the Company's notice of denial,
       must file with the Company a written request for review.

              6.2.2 Additional Submissions - Information Access. The claimant
       shall then have the opportunity to submit written comments, documents,
       records and other information relating to the claim. The Company shall
       also provide the claimant, upon request and free of charge, reasonable
       access to, and copies of, all documents, records and other information
       relevant (as defined in applicable ERISA regulations) to the claimant's
       claim for benefits.

              6.2.3 Considerations on Review. In considering the review, the
       Company shall take into account all materials and information the
       claimant submits relating to the claim, without regard to whether such
       information was submitted or considered in the initial benefit
       determination.

              6.2.4 Timing of Company Response. The Company shall respond in
       writing to such claimant within 60 days after receiving the request for
       review. If the Company determines that special circumstances require
       additional time for processing the claim, the Company can extend the
       response period by an additional 60 days by notifying the claimant in
       writing, prior to the end of the initial 60-day period, that an
       additional period is required. The notice of extension must set forth the
       special circumstances and the date by which the Company expects to render
       its decision.

              6.2.5 Notice of Decision. The Company shall notify the claimant in
       writing of its decision on review. The Company shall write the
       notification in a manner calculated to be understood by the claimant. The
       notification shall set forth:

                     (a) The specific reasons for the denial,

                     (b) A reference to the specific provisions of the Agreement
              on which the denial is based,

                     (c) A statement that the claimant is entitled to receive,
              upon request and free of charge, reasonable access to, and copies
              of, all documents, records and other information relevant (as
              defined in applicable ERISA regulations) to the claimant's claim
              for benefits, and

                     (d) A statement of the claimant's right to bring a civil
              action under ERISA Section 502(a).

       Schedule A of the Agreement shall be deleted in its entirety and replaced
by the attached Schedule A.

                                       57
<PAGE>

       IN WITNESS OF THE ABOVE, the Executive and the Company hereby consent to
this First Amendment.

EXECUTIVE:                              VALLEY INDEPENDENT BANK

/s/ HARRY G. GOODING                    BY /s/ DENNIS L. KERN
--------------------------------           ------------------------------------
HARRY G. GOODING
                                        TITLE   PRESIDENT & CEO
                                               --------------------------------

                                       58
<PAGE>

                                   SCHEDULE A

                             FIRST AMENDMENT TO THE
                             VALLEY INDEPENDENT BANK
                              AMENDED AND RESTATED
                          SALARY CONTINUATION AGREEMENT

                                HARRY G. GOODING

<TABLE>
<CAPTION>
----------------------------- ---------------------------------------------------------------------------
                                                                   EARLY       DISABILITY     CHANGE OF
                                                    EARLY       TERMINATION      ANNUAL        CONTROL
      PLAN                                         TERMIN-        ANNUAL        BENEFIT        ANNUAL
      YEAR                                          ATION         BENEFIT        PAYABLE       BENEFIT
     ENDING           BENEFIT          ACCRUAL     VESTING        PAYABLE        WITHIN        PAYABLE
    DECEMBER           LEVEL           BALANCE     SCHEDULE     IMMEDIATELY     ONE YEAR     IMMEDIATELY
----------------------------- ---------------------------------------------------------------------------
<S>                  <C>              <C>          <C>          <C>            <C>           <C>
                     Rollover           302,904
----------------------------- ---------------------------------------------------------------------------
       2002           170,448           390,661       80%         136,358       256,291        170,448
----------------------------- ---------------------------------------------------------------------------
       2003           180,675           592,526       90%         162,608       256,291        180,675
----------------------------- ---------------------------------------------------------------------------
       2004           191,515           831,908      100%         191,515       256,291        191,515
----------------------------- ---------------------------------------------------------------------------
       2005           203,006         1,119,093      100%         203,006       256,291        203,006
----------------------------- ---------------------------------------------------------------------------
       2006           215,187         1,469,637      100%         215,187       256,291        215,187
----------------------------- ---------------------------------------------------------------------------
       2007           228,098         1,910,256      100%         228,098       256,291        228,098
----------------------------- ---------------------------------------------------------------------------
       2008           241,784         2,500,507      100%         241,784       256,291        241,784
----------------------------- ---------------------------------------------------------------------------
    May 2009*         256,291         2,928,249      100%         256,291       256,291        256,291
----------------------------- ---------------------------------------------------------------------------
</TABLE>

*Final Plan Year ends in the month in which Normal Retirement Age is attained.

Assumes an implementation date of July 1, 2002. The first line of calculations
reflects 6 months of data, July 2002 through December 2002.

Benefit amount based on a beginning compensation of $170,448 inflating at 6.00%
each year to $256,291 at retirement. Annual Benefit payment of $256,291 is 100%
of projected final compensation. Benefit amount also includes a 3.00% guaranteed
inflator during the payout period.

                                       59
<PAGE>

                                 FIRST AMENDMENT
                                     TO THE
                             VALLEY INDEPENDENT BANK
                             SPLIT DOLLAR AGREEMENT
                                       FOR
                                HARRY G. GOODING

       THIS AMENDMENT is adopted this 1st day of July, 2002, by and between
VALLEY INDEPENDENT BANK, located in El Centro, California (the "Company") and
HARRY G. GOODING (the "Executive").

       The Company and the Executive executed the VALLEY INDEPENDENT BANK SPLIT
DOLLAR AGREEMENT and SPLIT DOLLAR POLICY ENDORSEMENT on November 13, 2000 (the
"Agreement"). The undersigned hereby amends, in part, said Agreement to update
the split dollar death benefit under the Agreement and to update the Agreement
for recent regulatory changes. Therefore, the following revisions shall be made:

       Article 2.2 of the Agreement shall be deleted in its entirety and
replaced by Article 2.2 below.

              2.2 Executive's Interest. The Executive shall have the right to
       designate the beneficiary of death proceeds of the Policy in the amount
       of $2,928,249. The Executive shall also have the right to elect and
       change settlement options that may be permitted.

       Articles 6.1 and 6.2 of the Agreement shall be deleted in its entirety
and replaced by Articles 6.1 and 6.2 below.

       6.1 Claims Procedure. Any Executive or beneficiary who has not received
benefits under this Agreement that he or she believes should be paid
("claimant") shall make a claim for such benefits as follows:

              6.1.1 Initiation - Written Claim. The claimant initiates a claim
       by submitting to the Company a written claim for the benefits.

              6.1.2 Timing of Company Response. The Company shall respond to
       such claimant within 90 days after receiving the claim. If the Company
       determines that special circumstances require additional time for
       processing the claim, the Company can extend the response period by an
       additional 90 days by notifying the claimant in writing, prior to the end
       of the initial 90-day period, that an additional period is required. The
       notice of extension must set forth the special circumstances and the date
       by which the Company expects to render its decision.

              6.1.3 Notice of Decision. If the Company denies part or all of the
       claim, the

                                       60
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       Company shall notify the claimant in writing of such denial. The Company
       shall write the notification in a manner calculated to be understood by
       the claimant. The notification shall set forth:

                     (a) The specific reasons for the denial,

                     (b) A reference to the specific provisions of the Agreement
              on which the denial is based,

                     (c) A description of any additional information or material
              necessary for the claimant to perfect the claim and an explanation
              of why it is needed,

                     (d) An explanation of the Agreement's review procedures and
              the time limits applicable to such procedures, and

                     (e) A statement of the claimant's right to bring a civil
              action under ERISA Section 502(a) following an adverse benefit
              determination on review.

       6.2 Review Procedure. If the Company denies part or all of the claim, the
claimant shall have the opportunity for a full and fair review by the Company of
the denial, as follows:

              6.2.1 Initiation - Written Request. To initiate the review, the
       claimant, within 60 days after receiving the Company's notice of denial,
       must file with the Company a written request for review.

              6.2.2 Additional Submissions - Information Access. The claimant
       shall then have the opportunity to submit written comments, documents,
       records and other information relating to the claim. The Company shall
       also provide the claimant, upon request and free of charge, reasonable
       access to, and copies of, all documents, records and other information
       relevant (as defined in applicable ERISA regulations) to the claimant's
       claim for benefits.

              6.2.3 Considerations on Review. In considering the review, the
       Company shall take into account all materials and information the
       claimant submits relating to the claim, without regard to whether such
       information was submitted or considered in the initial benefit
       determination.

              6.2.4 Timing of Company Response. The Company shall respond in
       writing to such claimant within 60 days after receiving the request for
       review. If the Company determines that special circumstances require
       additional time for processing the claim, the Company can extend the
       response period by an additional 60 days by notifying the claimant in
       writing, prior to the end of the initial 60-day period, that an
       additional period is required. The notice of extension must set forth the
       special circumstances and the date by which the Company expects to render
       its decision.

              6.2.5 Notice of Decision. The Company shall notify the claimant in
       writing of its decision on review. The Company shall write the
       notification in a manner calculated to be understood by the claimant. The
       notification shall set forth:

                     (a) The specific reasons for the denial,

                     (b) A reference to the specific provisions of the Agreement
              on which the denial is based,

                                       61
<PAGE>

                     (c) A statement that the claimant is entitled to receive,
              upon request and free of charge, reasonable access to, and copies
              of, all documents, records and other information relevant (as
              defined in applicable ERISA regulations) to the claimant's claim
              for benefits, and

                     (d) A statement of the claimant's right to bring a civil
              action under ERISA Section 502(a).

       The Split Dollar Policy Endorsement shall be replaced by the attached
Split Dollar Policy Endorsement.

       IN WITNESS OF THE ABOVE, the Executive and the Company hereby consent to
this First Amendment.

EXECUTIVE:                              VALLEY INDEPENDENT BANK

/s/ HARRY G. GOODING                    BY /s/ DENNIS L. KERN
--------------------------------           ------------------------------------
HARRY G. GOODING
                                        TITLE  PRESIDENT & CEO
                                              ---------------------------------

                                       62
<PAGE>

                   ADDENDUM A SPLIT DOLLAR POLICY ENDORSEMENT
                 VALLEY INDEPENDENT BANK SPLIT DOLLAR AGREEMENT

Policy No. 15-121-138 and 15-067-935            Insured: Harry G. Gooding

Supplementing and amending the application for insurance to Northwestern Mutual
Life Insurance Company (the "Insurer"), the applicant requests and directs that:

                                  BENEFICIARIES

       1. VALLEY INDEPENDENT BANK, a state-chartered commercial bank located in
El Centro, California (the "Company"), shall be the beneficiary of death
proceeds remaining after payment is made pursuant to paragraph (2) below.

       2. The beneficiary of death proceeds in the amount of $2,928,249 shall be
designated by the Insured or the Insured's transferee.

                                    OWNERSHIP

       3. The Owner of the policy shall be the Company. The Owner shall have all
ownership rights in the Policy except as may be specifically granted to the
Insured or the Insured's transferee in paragraph (4) of this endorsement.

       4. The Insured or the Insured's transferee shall have the right to assign
his rights and interests in the Policy with respect to that portion of the death
proceeds designated in paragraph (2) of this endorsement, and to exercise all
settlement options with respect to such death proceeds.

               MODIFICATION OF ASSIGNMENT PROVISIONS OF THE POLICY

Upon the death of the Insured, the interest of any collateral assignee of the
Owner of the Policy designated in (3) above shall be limited to the portion of
the proceeds described in paragraph (1) above.

                                OWNERS AUTHORITY

The Insurer is hereby authorized to recognize the Owner's claim to rights
hereunder without investigating the reason for any action taken by the Owner,
including its statement of the amount of premiums it has paid on the Policy. The
signature of the Owner shall be sufficient for the exercise of any rights under
this Endorsement and the receipt of the Owner for any sums received by it shall
be a

                                       63
<PAGE>

full discharge and release therefore to the Insurer. The owner accepts and
agrees to this split dollar endorsement.

Any transferee's rights shall be subject to this Endorsement.

The undersigned is signing in a representative capacity and warrants that he or
she has the authority to bind the entity on whose behalf this document is being
executed.

Signed at El Centro, California, this 1st day of July, 2002.

VALLEY INDEPENDENT BANK

By /s/ Dennis L. Kern
   -----------------------------
Title   President & CEO
      --------------------------

                     ACCEPTANCE AND BENEFICIARY DESIGNATION

The Insured accepts and agrees to the foregoing and, subject to the rights of
the Owner as stated above, designates the following as beneficiary(s) of the
portion of the proceeds described in paragraph (2) above:

Primary Beneficiary: ___________________________________________________________

       Relationship and Social Security Number: ________________________________

Contingent Beneficiary (if the Primary is deceased):  __________________________

       Relationship and Social Security Number: ________________________________

Signed at El Centro, California, this 1st day of July, 2002.

THE INSURED:

/s/ Harry G. Gooding
--------------------------------
Harry G. Gooding

                                       64
<PAGE>

                                 FIRST AMENDMENT
                                     TO THE
                             VALLEY INDEPENDENT BANK
                            EXECUTIVE BONUS AGREEMENT
                                       FOR
                                HARRY G. GOODING

       THIS AMENDMENT is adopted this 1st day of July, 2002, by and between
VALLEY INDEPENDENT BANK, located in El Centro, California (the "Company") and
HARRY G. GOODING (the "Executive").

       The Company and the Executive executed the VALLEY INDEPENDENT BANK
EXECUTIVE BONUS AGREEMENT on November 13, 2000 (the "Agreement"). The
undersigned hereby amends, in part, said Agreement to define the Bonus Award in
lieu of a schedule that was previously attached to the Agreement and update for
recent regulatory changes. Therefore, the following revisions shall be made:

       Article 1.4 of the Agreement shall be deleted in its entirety and
replaced by Article 1.4 below.

       1.4 "Disability" means the Executive suffering a sickness, accident or
injury which has been determined by the carrier of any individual or
group-disability insurance policy covering the Executive, or by the Social
Security Administration, to be a disability rendering the Executive totally and
permanently disabled. The Executive must submit proof to the Company of the
carrier's or Social Security Administration's determination upon the request of
the Company.

       Article 2.1.1 of the Agreement shall be deleted in its entirety and
replaced by Article 2.1.1 below.

       1.1 Bonus Award. The Company shall pay the Executive a cash Bonus for
each Plan Year until the Executive's death unless this Agreement is terminated.
The amount of the bonus shall be equal to the Executive's economic benefit under
a separate Split Dollar Agreement dated November 13, 2000, between the Executive
and the Company, divided by one minus the Company's combined marginal income tax
rate for the calendar year immediately preceding such payment. The Company shall
pay such Bonus award prior to December 31 of each year.

       Article 5 of the Agreement shall be deleted in its entirety and replaced
by Article 5 below.

       This Agreement may be amended or terminated only by a written agreement
signed by the Company and the Executive. However, this Agreement will
automatically terminate upon the termination of the separate Split Dollar
Agreement executed November 13, 2000, between the Executive and the Company.

       The following Article 7 shall be added to the Agreement.

                                       65
<PAGE>

                                    Article 7
                           Claims and Review Procedure

       7.1 Claims Procedure. Any Executive or beneficiary who has not received
benefits under this Agreement that he or she believes should be paid
("claimant") shall make a claim for such benefits as follows:

              7.1.1 Initiation - Written Claim. The claimant initiates a claim
       by submitting to the Company a written claim for the benefits.

              7.1.2 Timing of Company Response. The Company shall respond to
       such claimant within 90 days after receiving the claim. If the Company
       determines that special circumstances require additional time for
       processing the claim, the Company can extend the response period by an
       additional 90 days by notifying the claimant in writing, prior to the end
       of the initial 90-day period, that an additional period is required. The
       notice of extension must set forth the special circumstances and the date
       by which the Company expects to render its decision.

              7.1.3 Notice of Decision. If the Company denies part or all of the
       claim, the Company shall notify the claimant in writing of such denial.
       The Company shall write the notification in a manner calculated to be
       understood by the claimant. The notification shall set forth:

                     (a) The specific reasons for the denial,

                     (b) A reference to the specific provisions of the Agreement
              on which the denial is based,

                     (c) A description of any additional information or material
              necessary for the claimant to perfect the claim and an explanation
              of why it is needed,

                     (d) An explanation of the Agreement's review procedures and
              the time limits applicable to such procedures, and

                     (e) A statement of the claimant's right to bring a civil
              action under ERISA Section 502(a) following an adverse benefit
              determination on review.

       7.2 Review Procedure. If the Company denies part or all of the claim, the
claimant shall have the opportunity for a full and fair review by the Company of
the denial, as follows:

              7.2.1 Initiation - Written Request. To initiate the review, the
       claimant, within 60 days after receiving the Company's notice of denial,
       must file with the Company a written request for review.

              7.2.2 Additional Submissions - Information Access. The claimant
       shall then have the opportunity to submit written comments, documents,
       records and other information relating to

                                       66
<PAGE>

       the claim. The Company shall also provide the claimant, upon request and
       free of charge, reasonable access to, and copies of, all documents,
       records and other information relevant (as defined in applicable ERISA
       regulations) to the claimant's claim for benefits.

              7.2.3 Considerations on Review. In considering the review, the
       Company shall take into account all materials and information the
       claimant submits relating to the claim, without regard to whether such
       information was submitted or considered in the initial benefit
       determination.

              7.2.4 Timing of Company Response. The Company shall respond in
       writing to such claimant within 60 days after receiving the request for
       review. If the Company determines that special circumstances require
       additional time for processing the claim, the Company can extend the
       response period by an additional 60 days by notifying the claimant in
       writing, prior to the end of the initial 60-day period, that an
       additional period is required. The notice of extension must set forth the
       special circumstances and the date by which the Company expects to render
       its decision.

              7.2.5 Notice of Decision. The Company shall notify the claimant in
       writing of its decision on review. The Company shall write the
       notification in a manner calculated to be understood by the claimant. The
       notification shall set forth:

                     (a) The specific reasons for the denial,

                     (b) A reference to the specific provisions of the Agreement
              on which the denial is based,

                     (c) A statement that the claimant is entitled to receive,
              upon request and free of charge, reasonable access to, and copies
              of, all documents, records and other information relevant (as
              defined in applicable ERISA regulations) to the claimant's claim
              for benefits, and

                     (d) A statement of the claimant's right to bring a civil
              action under ERISA Section 502(a).

       Schedule A of the Agreement shall be deleted in its entirety.

       IN WITNESS OF THE ABOVE, the Executive and the Company hereby consent to
this First Amendment.

EXECUTIVE:                              VALLEY INDEPENDENT BANK

/s/ HARRY G. GOODING                    BY /s/ DENNIS L. KERN
--------------------------------           ------------------------------------
HARRY G. GOODING
                                        TITLE  PRESIDENT & CEO
                                              ---------------------------------

                                       67<PAGE>

                                  EXHIBIT 10.24

                                SECOND AMENDMENT
                                     TO THE
                             VALLEY INDEPENDENT BANK
               AMENDED AND RESTATED SALARY CONTINUATION AGREEMENT
                                       FOR
                               JACK BRITTAIN, JR.

       THIS AMENDMENT is adopted this 1st day of July, 2002, by and between
VALLEY INDEPENDENT BANK, located in El Centro, California (the "Company") and
JACK BRITTAIN, JR. (the "Executive").

       The Company and the Executive executed the VALLEY INDEPENDENT BANK
AMENDED AND RESTATED SALARY CONTINUATION AGREEMENT on November 13, 2000, and
FIRST AMENDMENT thereto on September 5, 2001 (the "Agreement"). The undersigned
hereby amends, in part, said Agreement to update the Executive's Normal
Retirement Benefit according to the terms of Section 2.1.1 of the Agreement,
which will also change the amounts on Schedule A attached to said Agreement, to
clarify the Agreement regarding the Change of Control and Death Benefit and to
update the Agreement for recent regulatory changes. Therefore, the following
revisions shall be made:

       Article 1.3 of the Agreement shall be deleted in its entirety and
replaced by Article 1.3 below.

       1.3 "Disability" means the Executive suffering a sickness, accident or
injury which has been determined by the carrier of any individual or
group-disability insurance policy covering the Executive, or by the Social
Security Administration, to be a disability rendering the Executive totally and
permanently disabled. The Executive must submit proof to the Company of the
carrier's or Social Security Administration's determination upon the request of
the Company.

       Article 2.1.1 of the Agreement shall be deleted in its entirety and
replaced by Article 2.1.1 below.

              2.1.1 Amount of Benefit. The annual benefit under this Section 2.1
       is $177,840 (One Hundred Seventy-seven Thousand Eight Hundred Forty
       Dollars). Commencing at the end of the first Plan Year, and each Plan
       Year thereafter, the annual benefit shall be increased 6 percent from the
       previous Plan Year to a projected annual benefit of $283,450 (Two Hundred
       Eighty-three Thousand Four Hundred Fifty Dollars) at Normal Retirement
       Age. Each February this benefit shall be reviewed and any additional
       increase in the annual benefit shall require the recalculation of
       Schedule A.

       Article 2.4.1 of the Agreement shall be deleted in its entirety and
replaced by Article 2.4.1 below.

              2.4.1 Amount of Benefit. The benefit under this Section 2.4 is the
Change of Control Annual Benefit set forth in Schedule A for the Plan Year in
which Termination of Employment occurs, determined by vesting the

                                       68
<PAGE>

Executive in the Normal Retirement Benefit Level for the current Plan Year.

       Article 2.4.4 below shall be added to the Agreement.

              2.4.4 Benefit Increases. Commencing on the first anniversary of
       the first benefit payment, and continuing on each subsequent anniversary,
       the Company's Board of Directors shall increase this Change of Control
       annual benefit by 3 percent (3%).

       Article 3.1 of the Agreement shall be deleted in its entirety and
replaced by Article 3.1 below.

       3.1 Death Benefit. The Company shall pay to the Executive's beneficiary
the death benefit described in the Split Dollar Agreement and Endorsement
attached as Addendum A between the Company and the Executive.

       Articles 6.1 and 6.2 of the Agreement shall be deleted in its entirety
and replaced by Articles 6.1 and 6.2 below.

       6.1 Claims Procedure. Any Executive or beneficiary who has not received
benefits under this Agreement that he or she believes should be paid
("claimant") shall make a claim for such benefits as follows:

              6.1.1 Initiation - Written Claim. The claimant initiates a claim
       by submitting to the Company a written claim for the benefits.

              6.1.2 Timing of Company Response. The Company shall respond to
       such claimant within 90 days after receiving the claim. If the Company
       determines that special circumstances require additional time for
       processing the claim, the Company can extend the response period by an
       additional 90 days by notifying the claimant in writing, prior to the end
       of the initial 90-day period, that an additional period is required. The
       notice of extension must set forth the special circumstances and the date
       by which the Company expects to render its decision.

              6.1.3 Notice of Decision. If the Company denies part or all of the
       claim, the Company shall notify the claimant in writing of such denial.
       The Company shall write the notification in a manner calculated to be
       understood by the claimant. The notification shall set forth:

                     (a) The specific reasons for the denial,

                     (b) A reference to the specific provisions of the Agreement
              on which the denial is based,

                     (c) A description of any additional information or material
              necessary for the claimant to perfect the claim and an explanation
              of why it is needed,

                     (d) An explanation of the Agreement's review procedures and
              the time limits applicable to such procedures, and

                     (e) A statement of the claimant's right to bring a civil
              action under ERISA Section 502(a) following an adverse benefit
              determination on review.

                                       69
<PAGE>

       6.2 Review Procedure. If the Company denies part or all of the claim, the
claimant shall have the opportunity for a full and fair review by the Company of
the denial, as follows:

              6.2.1 Initiation - Written Request. To initiate the review, the
       claimant, within 60 days after receiving the Company's notice of denial,
       must file with the Company a written request for review.

              6.2.2 Additional Submissions - Information Access. The claimant
       shall then have the opportunity to submit written comments, documents,
       records and other information relating to the claim. The Company shall
       also provide the claimant, upon request and free of charge, reasonable
       access to, and copies of, all documents, records and other information
       relevant (as defined in applicable ERISA regulations) to the claimant's
       claim for benefits.

              6.2.3 Considerations on Review. In considering the review, the
       Company shall take into account all materials and information the
       claimant submits relating to the claim, without regard to whether such
       information was submitted or considered in the initial benefit
       determination.

              6.2.4 Timing of Company Response. The Company shall respond in
       writing to such claimant within 60 days after receiving the request for
       review. If the Company determines that special circumstances require
       additional time for processing the claim, the Company can extend the
       response period by an additional 60 days by notifying the claimant in
       writing, prior to the end of the initial 60-day period, that an
       additional period is required. The notice of extension must set forth the
       special circumstances and the date by which the Company expects to render
       its decision.

              6.2.5 Notice of Decision. The Company shall notify the claimant in
       writing of its decision on review. The Company shall write the
       notification in a manner calculated to be understood by the claimant. The
       notification shall set forth:

                     (a) The specific reasons for the denial,

                     (b) A reference to the specific provisions of the Agreement
              on which the denial is based,

                     (c) A statement that the claimant is entitled to receive,
              upon request and free of charge, reasonable access to, and copies
              of, all documents, records and other information relevant (as
              defined in applicable ERISA regulations) to the claimant's claim
              for benefits, and

                     (d) A statement of the claimant's right to bring a civil
              action under ERISA Section 502(a).

       Schedule A of the Agreement shall be deleted in its entirety and replaced
by the attached Schedule A.

       IN WITNESS OF THE ABOVE, the Executive and the Company hereby consent to
this Second Amendment.

                                       70
<PAGE>

EXECUTIVE:                              VALLEY INDEPENDENT BANK

/s/ JACK BRITTAIN, JR                   BY /s/ DENNIS L. KERN
--------------------------------           ------------------------------------
JACK BRITTAIN, JR.
                                        TITLE  PRESIDENT & CEO
                                              ---------------------------------

                                       71
<PAGE>

                                   SCHEDULE A

                             SECOND AMENDMENT TO THE
                             VALLEY INDEPENDENT BANK
                              AMENDED AND RESTATED
                          SALARY CONTINUATION AGREEMENT

                               JACK BRITTAIN, JR.

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------
                                                              EARLY        DISABILITY     CHANGE OF
                                                EARLY      TERMINATION      ANNUAL        CONTROL
       PLAN                                    TERMIN-       ANNUAL         BENEFIT        ANNUAL
       YEAR                                     ATION        BENEFIT        PAYABLE       BENEFIT
      ENDING           BENEFIT     ACCRUAL     VESTING       PAYABLE         WITHIN        PAYABLE
     DECEMBER           LEVEL      BALANCE     SCHEDULE    IMMEDIATELY      ONE YEAR     IMMEDIATELY
-----------------------------------------------------------------------------------------------------
<S>                   <C>         <C>          <C>         <C>             <C>           <C>
                      Rollover      282,815
-----------------------------------------------------------------------------------------------------
       2002            177,840      359,274        90%       160,056         283,450       177,840
-----------------------------------------------------------------------------------------------------
       2003            188,510      534,796       100%       188,510         283,450       188,510
-----------------------------------------------------------------------------------------------------
       2004            199,821      742,106       100%       199,821         283,450       199,821
-----------------------------------------------------------------------------------------------------
       2005            211,810      989,022       100%       211,810         283,450       211,810
-----------------------------------------------------------------------------------------------------
       2006            224,519    1,286,504       100%       224,519         283,450       224,519
-----------------------------------------------------------------------------------------------------
       2007            237,990    1,651,057       100%       237,990         283,450       237,990
-----------------------------------------------------------------------------------------------------
       2008            252,269    2,110,717       100%       252,269         283,450       252,269
-----------------------------------------------------------------------------------------------------
       2009            267,406    2,726,184       100%       267,406         283,450       267,406
-----------------------------------------------------------------------------------------------------
    June 2010*         283,450    3,238,556       100%       283,450         283,450       283,450
-----------------------------------------------------------------------------------------------------
</TABLE>

*Final Plan Year ends in the month in which Normal Retirement Age is attained.

Assumes an implementation date of July 1, 2002. The first line of calculations
reflects 6 months of data, July 2002 through December 2002.

Benefit amount based on a beginning compensation of $177,840 inflating at 6.00%
each year to $283,450 at retirement. Annual Benefit payment of $283,450 is 100%
of projected final compensation. Benefit amount also includes a 3.00% guaranteed
inflator during the payout period.

                                       72
<PAGE>

                                 FIRST AMENDMENT
                                     TO THE
                             VALLEY INDEPENDENT BANK
                             SPLIT DOLLAR AGREEMENT
                                       FOR
                               JACK BRITTAIN, JR.

       THIS AMENDMENT is adopted this 1st day of July, 2002, by and between
VALLEY INDEPENDENT BANK, located in El Centro, California (the "Company") and
JACK BRITTAIN, JR. (the "Executive").

       The Company and the Executive executed the VALLEY INDEPENDENT BANK SPLIT
DOLLAR AGREEMENT and SPLIT DOLLAR POLICY ENDORSEMENT on November 13, 2000 (the
"Agreement"). The undersigned hereby amends, in part, said Agreement to update
the split dollar death benefit under the Agreement and to update the Agreement
for recent regulatory changes. Therefore, the following revisions shall be made:

       Article 2.2 of the Agreement shall be deleted in its entirety and
replaced by Article 2.2 below.

              2.2 Executive's Interest. The Executive shall have the right to
       designate the beneficiary of death proceeds of the Policy in the amount
       of $3,238,556. The Executive shall also have the right to elect and
       change settlement options that may be permitted.

       Articles 6.1 and 6.2 of the Agreement shall be deleted in its entirety
and replaced by Articles 6.1 and 6.2 below.

       6.1 Claims Procedure. Any Executive or beneficiary who has not received
benefits under this Agreement that he or she believes should be paid
("claimant") shall make a claim for such benefits as follows:

              6.1.1 Initiation - Written Claim. The claimant initiates a claim
       by submitting to the Company a written claim for the benefits.

              6.1.2 Timing of Company Response. The Company shall respond to
       such claimant within 90 days after receiving the claim. If the Company
       determines that special circumstances require additional time for
       processing the claim, the Company can extend the response period by an
       additional 90 days by notifying the claimant in writing, prior to the end
       of the initial 90-day period, that an additional period is required. The
       notice of extension must set forth the special

                                       73
<PAGE>

       circumstances and the date by which the Company expects to render its
       decision.

              6.1.3 Notice of Decision. If the Company denies part or all of the
       claim, the Company shall notify the claimant in writing of such denial.
       The Company shall write the notification in a manner calculated to be
       understood by the claimant. The notification shall set forth:

                     (a) The specific reasons for the denial,

                     (b) A reference to the specific provisions of the Agreement
on which the denial is based,

                     (c) A description of any additional information or material
necessary for the claimant to perfect the claim and an explanation of why it is
needed,

                     (d) An explanation of the Agreement's review procedures and
the time limits applicable to such procedures, and

                     (e) A statement of the claimant's right to bring a civil
action under ERISA Section 502(a) following an adverse benefit determination on
review.

       6.2 Review Procedure. If the Company denies part or all of the claim, the
claimant shall have the opportunity for a full and fair review by the Company of
the denial, as follows:

              6.2.1 Initiation - Written Request. To initiate the review, the
       claimant, within 60 days after receiving the Company's notice of denial,
       must file with the Company a written request for review.

              6.2.2 Additional Submissions - Information Access. The claimant
       shall then have the opportunity to submit written comments, documents,
       records and other information relating to the claim. The Company shall
       also provide the claimant, upon request and free of charge, reasonable
       access to, and copies of, all documents, records and other information
       relevant (as defined in applicable ERISA regulations) to the claimant's
       claim for benefits.

              6.2.3 Considerations on Review. In considering the review, the
       Company shall take into account all materials and information the
       claimant submits relating to the claim, without regard to whether such
       information was submitted or considered in the initial benefit
       determination.

              6.2.4 Timing of Company Response. The Company shall respond in
       writing to such claimant within 60 days after receiving the request for
       review. If the Company determines that special circumstances require
       additional time for processing the claim, the Company can extend the
       response period by an additional 60 days by notifying the claimant in
       writing, prior to the end of the initial 60-day period, that an
       additional period is required. The notice of extension must set forth the
       special circumstances and the date by which the Company expects to render
       its decision.

              6.2.5 Notice of Decision. The Company shall notify the claimant in
       writing of its decision on review. The Company shall write the
       notification in a manner calculated to be understood by the claimant. The
       notification shall set forth:

                                       74
<PAGE>

                     (a) The specific reasons for the denial,

                     (b) A reference to the specific provisions of the Agreement
on which the denial is based,

                     (c) A statement that the claimant is entitled to receive,
upon request and free of charge, reasonable access to, and copies of, all
documents, records and other information relevant (as defined in applicable
ERISA regulations) to the claimant's claim for benefits, and

                     (d) A statement of the claimant's right to bring a civil
action under ERISA Section 502(a).

       The Split Dollar Policy Endorsement shall be replaced by the attached
Split Dollar Policy Endorsement.

       IN WITNESS OF THE ABOVE, the Executive and the Company hereby consent to
this First Amendment.

EXECUTIVE:                              VALLEY INDEPENDENT BANK

/s/ JACK BRITTAIN, JR.                  BY /s/ DENNIS L. KERN
--------------------------------           ------------------------------------
JACK BRITTAIN, JR.
                                        TITLE  PRESIDENT & CEO
                                              ---------------------------------

                                       75
<PAGE>

                   ADDENDUM A SPLIT DOLLAR POLICY ENDORSEMENT
                 VALLEY INDEPENDENT BANK SPLIT DOLLAR AGREEMENT

Policy No. 15-121-225 and 15-067-915            Insured: Jack Brittain, Jr.

Supplementing and amending the application for insurance to Northwestern Mutual
Life Insurance Company (the "Insurer"), the applicant requests and directs that:

                                  BENEFICIARIES

       1. VALLEY INDEPENDENT BANK, a state-chartered commercial bank located in
El Centro, California (the "Company"), shall be the beneficiary of death
proceeds remaining after payment is made pursuant to paragraph (2) below.

       2. The beneficiary of death proceeds in the amount of $3,238,556 shall be
designated by the Insured or the Insured's transferee.

                                    OWNERSHIP

       3. The Owner of the policy shall be the Company. The Owner shall have all
ownership rights in the Policy except as may be specifically granted to the
Insured or the Insured's transferee in paragraph (4) of this endorsement.

       4. The Insured or the Insured's transferee shall have the right to assign
his rights and interests in the Policy with respect to that portion of the death
proceeds designated in paragraph (2) of this endorsement, and to exercise all
settlement options with respect to such death proceeds.

               MODIFICATION OF ASSIGNMENT PROVISIONS OF THE POLICY

Upon the death of the Insured, the interest of any collateral assignee of the
Owner of the Policy designated in (3) above shall be limited to the portion of
the proceeds described in paragraph (1) above.

                                OWNERS AUTHORITY

The Insurer is hereby authorized to recognize the Owner's claim to rights
hereunder without investigating the reason for any action taken by the Owner,
including its statement of the amount of premiums it has paid on the Policy. The
signature of the Owner shall be sufficient for the exercise of any rights under
this Endorsement and the receipt of the Owner for any sums received by it shall
be a

                                       76
<PAGE>

full discharge and release therefore to the Insurer. The owner accepts and
agrees to this split dollar endorsement.

Any transferee's rights shall be subject to this Endorsement.

The undersigned is signing in a representative capacity and warrants that he or
she has the authority to bind the entity on whose behalf this document is being
executed.

Signed at El Centro, California, this 1st day of July, 2002.

VALLEY INDEPENDENT BANK

By /s/ Dennis L. Kern
--------------------------------
Title  President & CEO
      --------------------------

                     ACCEPTANCE AND BENEFICIARY DESIGNATION

The Insured accepts and agrees to the foregoing and, subject to the rights of
the Owner as stated above, designates the following as beneficiary(s) of the
portion of the proceeds described in paragraph (2) above:

Primary Beneficiary: ___________________________________________________________

       Relationship and Social Security Number: ________________________________

Contingent Beneficiary (if the Primary is deceased): ___________________________

       Relationship and Social Security Number: ________________________________

Signed at El Centro, California, this 1st day of July, 2002.

THE INSURED:

/s/ Jack Brittain, Jr.
--------------------------------
Jack Brittain, Jr.

                                       77
<PAGE>

                                 FIRST AMENDMENT
                                     TO THE
                             VALLEY INDEPENDENT BANK
                            EXECUTIVE BONUS AGREEMENT
                                       FOR
                               JACK BRITTAIN, JR.

       THIS AMENDMENT is adopted this 1st day of July, 2002, by and between
VALLEY INDEPENDENT BANK, located in El Centro, California (the "Company") and
JACK BRITTAIN, JR. (the "Executive").

       The Company and the Executive executed the VALLEY INDEPENDENT BANK
EXECUTIVE BONUS AGREEMENT on November 13, 2000 (the "Agreement"). The
undersigned hereby amends, in part, said Agreement to define the Bonus Award in
lieu of a schedule that was previously attached to the Agreement and update for
recent regulatory changes. Therefore, the following revisions shall be made:

       Article 1.4 of the Agreement shall be deleted in its entirety and
replaced by Article 1.4 below.

       1.4 "Disability" means the Executive suffering a sickness, accident or
injury which has been determined by the carrier of any individual or
group-disability insurance policy covering the Executive, or by the Social
Security Administration, to be a disability rendering the Executive totally and
permanently disabled. The Executive must submit proof to the Company of the
carrier's or Social Security Administration's determination upon the request of
the Company.

       Article 2.1.1 of the Agreement shall be deleted in its entirety and
replaced by Article 2.1.1 below.

       1.1 Bonus Award. The Company shall pay the Executive a cash Bonus for
each Plan Year until the Executive's death unless this Agreement is terminated.
The amount of the bonus shall be equal to the Executive's economic benefit under
a separate Split Dollar Agreement dated November 13, 2000, between the Executive
and the Company, divided by one minus the Company's combined marginal income tax
rate for the calendar year immediately preceding such payment. The Company shall
pay such Bonus award prior to December 31 of each year.

       Article 5 of the Agreement shall be deleted in its entirety and replaced
by Article 5 below.

       This Agreement may be amended or terminated only by a written agreement
signed by the Company and the Executive. However, this Agreement will
automatically terminate upon the termination of the separate Split Dollar
Agreement executed November 13, 2000, between the Executive and the Company.

       The following Article 7 shall be added to the Agreement.

                                       78
<PAGE>

                                    Article 7
                           Claims and Review Procedure

       7.1 Claims Procedure. Any Executive or beneficiary who has not received
benefits under this Agreement that he or she believes should be paid
("claimant") shall make a claim for such benefits as follows:

              7.1.1 Initiation - Written Claim. The claimant initiates a claim
       by submitting to the Company a written claim for the benefits.

              7.1.2 Timing of Company Response. The Company shall respond to
       such claimant within 90 days after receiving the claim. If the Company
       determines that special circumstances require additional time for
       processing the claim, the Company can extend the response period by an
       additional 90 days by notifying the claimant in writing, prior to the end
       of the initial 90-day period, that an additional period is required. The
       notice of extension must set forth the special circumstances and the date
       by which the Company expects to render its decision.

              7.1.3 Notice of Decision. If the Company denies part or all of the
       claim, the Company shall notify the claimant in writing of such denial.
       The Company shall write the notification in a manner calculated to be
       understood by the claimant. The notification shall set forth:

                      (a) The specific reasons for the denial,

                      (b) A reference to the specific provisions of the
Agreement on which the denial is based,

                      (c) A description of any additional information or
material necessary for the claimant to perfect the claim and an explanation of
why it is needed,

                      (d) An explanation of the Agreement's review procedures
and the time limits applicable to such procedures, and

                      (e) A statement of the claimant's right to bring a civil
action under ERISA Section 502(a) following an adverse benefit determination on
review.

       7.2 Review Procedure. If the Company denies part or all of the claim, the
claimant shall have the opportunity for a full and fair review by the Company of
the denial, as follows:

              7.2.1 Initiation - Written Request. To initiate the review, the
       claimant, within 60 days after receiving the Company's notice of denial,
       must file with the Company a written request for review.

              7.2.2 Additional Submissions - Information Access. The claimant
       shall then have the opportunity to submit written comments, documents,
       records and other information relating to

                                       79
<PAGE>

       the claim. The Company shall also provide the claimant, upon request and
       free of charge, reasonable access to, and copies of, all documents,
       records and other information relevant (as defined in applicable ERISA
       regulations) to the claimant's claim for benefits.

              7.2.3 Considerations on Review. In considering the review, the
       Company shall take into account all materials and information the
       claimant submits relating to the claim, without regard to whether such
       information was submitted or considered in the initial benefit
       determination.

              7.2.4 Timing of Company Response. The Company shall respond in
       writing to such claimant within 60 days after receiving the request for
       review. If the Company determines that special circumstances require
       additional time for processing the claim, the Company can extend the
       response period by an additional 60 days by notifying the claimant in
       writing, prior to the end of the initial 60-day period, that an
       additional period is required. The notice of extension must set forth the
       special circumstances and the date by which the Company expects to render
       its decision.

              7.2.5 Notice of Decision. The Company shall notify the claimant in
       writing of its decision on review. The Company shall write the
       notification in a manner calculated to be understood by the claimant. The
       notification shall set forth:

                      (a) The specific reasons for the denial,

                      (b) A reference to the specific provisions of the
Agreement on which the denial is based,

                      (c) A statement that the claimant is entitled to receive,
upon request and free of charge, reasonable access to, and copies of, all
documents, records and other information relevant (as defined in applicable
ERISA regulations) to the claimant's claim for benefits, and

                      (d) A statement of the claimant's right to bring a civil
action under ERISA Section 502(a).

       Schedule A of the Agreement shall be deleted in its entirety.

       IN WITNESS OF THE ABOVE, the Executive and the Company hereby consent to
this First Amendment.

EXECUTIVE:                              VALLEY INDEPENDENT BANK

/s/ JACK BRITTAIN, JR.                  BY /s/ DENNIS L. KERN
--------------------------------           ------------------------------------
JACK BRITTAIN, JR.
                                        TITLE  PRESIDENT & CEO
                                              ---------------------------------

                                       80

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