Document:

Exhibit 10.1

 EXHIBIT 10.1 
 March 13, 2006 
 Mr. Jack Finlayson 
 [address] 
 Dear Jack: 
 This letter
sets forth certain amendments to the terms of your employment with SAVVIS, Inc. (the “Company”), including terms set forth in the letter agreement dated December 28, 1999 (the “Employment Letter”). 
 1. The section of the Employment Letter captioned “Severance Benefits” is hereby deleted in its entirety and replaced with the following
paragraphs: 
 “Severance Benefits 
 In the event the Company terminates your employment without “Cause” or you terminate your employment for Good Reason, you will be entitled to receive as a severance payment, and in lieu of all other remedies or damages for which
the Company may be liable, whether under this contract or otherwise, the following: 
 (a) you shall receive 1/12th of your
then current annual base salary for each of the twenty-four (24) months following the date of termination of your employment with the Company, payable monthly; provided, however, that in the event that Section 409A of the Internal Revenue
Code of 1986, as amended, is applicable to such payments, the first such payment shall occur on the last day of the month in which occurs the six (6) month anniversary of the date of your termination of employment and such payment shall be in
an amount equal to the sum of the monthly payments that would have been paid for the previous six months but for the application of Section 409A, and thereafter payments shall be monthly; 
 (b) you shall be entitled to receive all accrued but unpaid benefits as of the date of your termination of employment, such as salary,
bonus, and vacation pay; 

 (c) you shall be entitled to continuation of your current health insurance coverage under
the Company’s group health insurance policy pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA), including any spouse or dependent health coverage under the Company’s health plan in effect at the time of your
termination at the same cost to you as would have applied in the absence of such termination of employment for the twenty-four (24) months beginning the date of termination of your employment; provided, however, that in the event all or any
part of such continuation is not permitted under the Company’s health plan, the Company will reimburse you in cash for the amounts that you pay to obtain comparable coverage from another health plan plus a tax gross-up payment to the extent
such reimbursement is includible in your income; provided, further, however, that if at any time during such twenty-four (24) month period, you become eligible to participate in any other group health plan as part of full-time employment, you
will immediately notify the Company of such eligibility, and the Company shall thereafter make no further payment for COBRA coverage for you or your spouse or dependents; 
 (d) you shall be entitled to reimbursement from the Company in cash for the monthly amounts that you pay to obtain life insurance during
the twenty-four month period beginning the date of termination of your employment comparable to your current life insurance coverage under the Company’s group life insurance policy plus a tax gross-up payment to the extent such reimbursement is
includible in your income; provided, further, however, that if at any time during such twenty-four (24) month period, you become eligible to participate in any other group life insurance plan as part of full-time employment, you will
immediately notify the Company of such eligibility, and the Company shall thereafter cease reimbursement; 
 (e) the Company
shall pay for an executive level outplacement service for you, which service shall be chosen by you, for up to one year following the date of termination of your employment; provided that the aggregate amount the Company shall be obligated to pay
shall not exceed $10,000; 
 (f) to the extent not otherwise already vested as of the date of termination of your employment,
the restricted stock units granted to you which are scheduled to vest on March 1, 2007 shall not terminate upon termination of your employment, and, if the Company meets the financial target set forth in the Stock Unit Agreement dated
August 25, 2005 relating to such restricted stock units for the fiscal year ending 2006, such restricted stock units shall become fully vested on the date and as set forth in such Stock Unit Agreement and a stock certificate for the shares of
common stock represented by such vested restricted stock units shall be delivered to you as soon as practicable after such date; 
 (g) until such time as the applicable statute of limitations shall have expired, (i) the Company will not repeal or modify any right to indemnification 

  

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or limitation of liability under Company’s Certificate of Incorporation, By-Laws, or otherwise so as to adversely affect any right or protection you
have existing at the time of such repeal or modification, and (ii) the Company will provide and keep current, at its expense, director’s and officer’s liability insurance, with you named as a beneficiary, with such coverage limits as
are determined in the reasonable discretion of the Board; and 
 (h) for a period of twenty-four (24) months from the date of
termination of your employment, you agree not to, (i) solicit or recruit away from the Company or any of its subsidiaries the services of any of employee or agent of the Company or its subsidiaries, or induce any non-performance of any of the
obligations of such employees or agents to the Company or its subsidiaries; and (ii) solicit for your benefit or for the benefit of any business that is selling products or services that are competitive with those being provided by the Company
or its subsidiaries as of the date of the termination of your employment (A) any customer of the Company or its subsidiaries or (B) any prospective customer of the Company or its subsidiaries that you knew or had reason to know was a
prospective customer of the Company or its subsidiaries.  
 It is expressly understood and agreed that the severance
benefits set forth in paragraphs (a), (c), (d), (e), and (f) are granted in consideration for and subject to your full and satisfactory compliance with the provisions set forth in paragraph (h) above and any payments may be suspended
immediately, and any right to obtain unvested restricted stock units shall be immediately suspended or revoked, without prior notice to you upon your breach of the provisions of paragraph (h) above.” 
 2. The first paragraph under the section of the Employment Letter captioned “Termination by You for Good Reason” is hereby deleted in its
entirety and replaced with the following paragraph: 
 “For purposes of this agreement, a termination of employment by
you for Good Reason will be deemed to include a termination of your employment by you after (a) your title, authority, duties or responsibilities are substantially reduced without your written consent, (b) the Company fails to fulfill its
salary, bonus or stock option obligations described above or (c) the Company employs a new Chief Executive Officer.” 
 3. You
agree that, until the Company employs a new Chief Executive Officer, you will not terminate your employment with the Company and, in the event that the Company employs a new Chief Executive Officer at any time after the date hereof, you will not
terminate your employment with the Company for a period of 90 to 120 days (such actual number of days to be subsequently agreed between you and the Company) after the date such new Chief Executive Officer begins employment with the Company, it being
expressly understood and agreed 

  

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that your full and satisfactory compliance with the provisions of this paragraph are a condition to your receipt of any severance benefits to which you may
otherwise become entitled pursuant to the terms hereof. Nothing in this Section 3 shall interfere in any manner with the right of the Company, and the Company specifically retains the right, to terminate your employment with the Company at any
time with or without Cause (as defined in the Employment Letter). 
 4. This letter and the Employment Letter shall be governed by and
construed in accordance with the laws of the State of New York, without regard to conflicts of laws principles that would require the application of the laws of any other state. Each of the parties hereto hereby irrevocably and unconditionally
consents to submit to the exclusive jurisdiction of the courts of the State of New York and of the United States of America located in the County and State of New York. 
 5. You agree that, without limitation as to time, you shall not disclose, divulge or communicate in any fashion, form or manner to any person, firm, partnership, corporation or other entity, or use for your own
benefit, any trade secrets (whether patentable or not) or any confidential information of the Company or its subsidiaries unless you obtain prior written consent for such use or disclosure from the Board of Directors of the Company. As used in this
Agreement, “confidential information” shall include, but not be limited to, information obtained as a result of your employment with the Company and not otherwise generally known in the Company’s industry or available from public
sources, including, without limitation: information relating to the operation, finance, accounting, sales, personnel or management of the Company; customer names and addresses; price lists and other pricing-related information; cost lists and other
costs-related information; customer service requirements; pricing methods; terms and conditions of customer contracts; supplier and vendor names and contact information; manufacturing processes; methodologies of doing business; marketing plans and
other marketing information; business plans and related information; technical information and processes; and software and computer programs and codes. 
 6. In addition and supplementary to other rights and remedies available to the Company, the Company may apply to any court of law or equity of competent jurisdiction for specific performance and/or injunctive or other
relief in order to enforce or prevent any violations of the provisions hereof, including provisions of Section 1(h) and 5. 
 7. You and
the Company agree that the stock option agreements granting any and all of your outstanding stock options are hereby amended to provide that such options are not exercisable until after December 31, 2006 (or, if earlier, upon a change in
control of the Company), whether or not your employment terminates sooner, and any such options not exercised on or before December 31, 2007 shall 

  

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terminate on such date. For purposes of this paragraph 7, the term “change in control” shall mean a change in control as defined in your stock
option agreements. 
 8. It is the intention of the parties that payments or benefits payable under this Agreement not be subject to the
additional tax imposed pursuant to Section 409A of the Internal Revenue Code of 1986, as amended. To the extent such potential payments or benefits could become subject to such Section, the parties shall cooperate to amend this Agreement with
the goal of giving you the economic benefits described herein in a manner that does not result in such tax being imposed so long as such amendment does not adversely affect the Company. 
 9. The Employment Letter, as amended by this Agreement, shall remain in full force and effect. The Non-Disclosure Agreement entered into April 24,
2002 between you and the Company shall remain in full force and effect and shall not be superseded by this Agreement. 
 10. If any term or
provision of this Agreement, or the Employment Letter, as amended by this Agreement, or any application thereof to any circumstances, shall, to any extent and for any reason, be held to be invalid or unenforceable, the remainder of this Agreement,
or the Employment Letter, as amended by this Agreement, or the application of such term or provision to circumstances other than those to which it is held invalid or enforceable, shall not be affected thereby and shall be construed as if such
invalid or unenforceable provision had never been contained herein and each term and provision of this Agreement, and the Employment Letter, as amended by this Agreement, shall be valid and enforceable to the fullest extent permitted by law and
deemed modified to the extent so required. 
  

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 Please confirm your agreement with these amendments by executing this letter in the space provided below.

  

	
	 Very truly yours,

	
	 /s/ Patrick J. Welsh

	 Chairman of the Compensation Committee

  

	
	 Agreed and Accepted:

	
	 /s/ John M. Finlayson

	 Jack M. Finlayson

  

 6Severance Compensation Agreement - George E. Langley

 EXHIBIT 10.1 
 [CONFORMED COPY] 
 SEVERANCE COMPENSATION AGREEMENT 
 This SEVERANCE COMPENSATION AGREEMENT, dated as of September 30, 1997 (the “Agreement”), is made by and between FOOTHILL INDEPENDENT
BANCORP, a California corporation (the “Company”) and GEORGE E. LANGLEY (the “Executive”), with reference to the following facts and circumstances: 
 R E C I T A L S: 
 A. The
Company’s Board of Directors has determined that it is appropriate and in the Company’s best interests to reinforce and encourage the continued attention and dedication of key members of the Company’s management, including the
Executive, to their assigned duties without distraction in potentially disturbing circumstances arising from the possibility of a change in control of the Company or its wholly-owned subsidiary, Foothill Independent Bank (the “Bank”) and
thereby also provide the Company and the Bank with greater assurance that it will be able to retain the key members of management, including Executive, in the employ of the Company in the event of any threatened or actual Change of Control; and

 B. This Agreement sets forth the severance compensation which the Company agrees it will pay to the Executive if the Executive’s
employment with the Company terminates under one of the circumstances described herein following a Change in Control of the Company (as defined in Section 2). 
 NOW, THEREFORE, it is agreed as follows: 
 1. Term. The term of this Agreement shall commence on the
date hereof and, subject to earlier termination pursuant to Section 3(b), 3(c) or 3(d) hereof, shall end three (3) years following the date on which notice of non-renewal or termination of this Agreement is given by either the Company or
Executive to the other. Thus, this Agreement shall be renewable automatically on a daily basis so that the outstanding term is always three (3) years following any effective notice of non-renewal or of termination given by the Company or
Executive, other than in the event of a termination pursuant to Section 3(b) (Death or Disability), Section 3(c) (Retirement) or Section 3(d) (Cause) hereof. 
 2. Change in Control. Except as otherwise provided in Section 14 below, no compensation shall be payable under this Agreement unless and
until (i) there has been a Change in Control of the Company (as hereinafter defined) while the Executive is still an employee of the Company or any Employer Subsidiary (as hereinafter defined) and (ii) the Executive’s employment by
the Company and any Employer Subsidiary terminates under any of the circumstances or for any of the reasons set forth in Section 3(a) or Section 3(e) hereof. For purposes of this Agreement, a “Change in Control” of the Company
shall be deemed to have occurred if : 
 (a) There shall be consummated any consolidation or merger of the Company in which
the Company is not the continuing or surviving corporation or pursuant to which the Company is the surviving corporation but the shares of the Company’s Common Stock are converted into cash, securities or other property, other than a merger of
the Company in which the persons or entities that own the Company’s Common Stock immediately prior to the merger will have, immediately after the merger, substantially the same proportionate ownership of the capital stock representing at least
65% of the Voting Power (as hereinafter defined) in (i) the surviving corporation in the merger (whether that is the Company or another party to the merger), or (ii) any corporation that, immediately following consummation of the merger,
will own more than 50% of the capital stock of the surviving corporation in such merger (the “New Parent Corporation”); or 
 (b) Any sale, lease, exchange or other transfer (in one transaction or a series of related transactions) of all, or substantially all, of the assets of the Company to another corporation or other entity (an “Acquiring Entity”),
unless the holders of the Company’s Common Stock immediately prior to such transaction will have, immediately after consummation of such transaction, substantially the same proportionate ownership of shares of capital stock representing at
least 65% of the Voting Power of the Acquiring Entity; or 
  

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 (c) There shall be consummated any consolidation or merger of any corporation which is a
commercial banking corporation and at least a majority of the voting stock of which is owned by the Company (a “Bank Subsidiary”) with another corporation, unless immediately after such consolidation or merger the persons or entities that
were the holders of the Company’s Common Stock immediately prior thereto have substantially the same proportionate ownership of the capital stock that represents at least 65% of the Voting Power of (i) the surviving corporation in such
consolidation or merger (whether or not that is the Bank Subsidiary) or, (ii) of the New Parent Corporation (as defined above), if any, of the surviving corporation in such merger or consolidation; or 
 (d) Any (i) sale or other transfer of at least a majority of the outstanding voting securities, or (ii) any sale, lease,
exchange or other transfer (in one transaction or a series of related transactions) of all, or substantially all, of the assets, of any Bank Subsidiary of the Company other than to a corporation in which the holders of the Company’s Common
Stock immediately prior to such transaction have substantially the same proportionate ownership of capital stock of such other corporation representing at least 65% of the Voting Power in such corporation; or 
 (e) The shareholders of the Company approve any plan or proposal for the liquidation or dissolution of the Company or any Bank Subsidiary;
or 
 (f) Any person (as such term is used in Sections 13(d) and 14(d)(2) of the Securities Exchange Act of 1934, as
amended (the “Exchange Act”)), shall become the beneficial owner (within the meaning of Rule 13d-3 under the Exchange Act) of fifteen percent (15%) or more of the Company’s outstanding shares of Common Stock; or 
 (g) During any period of two consecutive years during the term of this Agreement, individuals who at the beginning of the two year period
constituted the entire Board of Directors do not for any reason constitute a majority thereof unless the election, or the nomination for election by the Company’s shareholders, of each new director was approved by a vote of at least two-thirds
of the directors then still in office who were directors at the beginning of the period. 
 For purposes of this Section 2, the term “Voting
Power” means, with respect to the Company or any other corporation (including any surviving corporation and any New Parent Corporation), the voting power of all securities of the Company or such other corporation (as the case may be)
generally entitled to vote for the election of directors thereof. 
 3. Termination Following Change in Control. 
 (a) If a Change in Control of the Company shall have occurred while the Executive is still an employee of the Company, or of any Employer
Subsidiary that employs the Executive, the Executive shall be entitled to the compensation provided in Section 4 of this Agreement upon the subsequent termination of the Executive’s employment with the Company or with such Employer
Subsidiary (i) by the Executive for Good Reason (as defined in Section 3(e) below), or (ii) by the Company or Employer Subsidiary, unless such termination is the result of the Executive’s death, Disability (as defined in
Section (3)(b) below) or Retirement (as defined in Section 3(c) below), a termination of Executive for Cause (as defined in Section 3(d) below), or the Executive’s decision to terminate employment other than for Good Reason (as
defined in Section 3(e) below). 
 (b) Death or Disability. If, as a result of the Executive’s incapacity due
to physical or mental illness, the Executive is absent from his duties with the Company or an Employer Subsidiary on a full-time basis for six (6) consecutive months or an aggregate of nine (9) months in any 12-month period, the Company
may elect to terminate this Agreement for “Disability” by written notice to Executive; provided, however, that any such termination shall be effective only at the end of thirty (30) days following the delivery of such
notice and only if Executive fails to return to the full-time performance of such Executive’s duties by the end of such 30-day notice period. This Agreement also shall terminate immediately in the event of the death of the Executive occurring
at any time during the term hereof. In the event of a termination of this Agreement due to the Disability or the death of Executive, then, notwithstanding anything to the contrary contained elsewhere herein, the Company shall have no liability to
Executive, or Executive’s estate, heirs, successors, representatives or assigns, by reason of such termination or by reason of any Change in Control of the Company occurring subsequent to such termination of this Agreement due to such
Disability or the death of Executive, but the Company shall be liable to Executive for amounts, if any, that he became entitled to receive pursuant to Section 3(e) hereof in connection with a Change of Control that occurred prior to such
Disability or Death of Executive, but had not been paid as of the date thereof. 
  

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 (c) Retirement. This Agreement shall terminate automatically on Retirement (as
hereinafter defined) of Executive, without liability to the Company by reason of such termination of this Agreement or by reason of any subsequent Change in Control of the Company. The term “Retirement” as used in this Agreement shall mean
termination by the Company or the Executive of the Executive’s employment based on the Executive’s having reached age 65 or such other age as shall have been fixed in any arrangement established with the Executive’s consent with
respect to the Executive. 
 (d) Cause. The Company may terminate this Agreement, without liability to the Executive by
reason of such termination of this Agreement or by reason of any prior or subsequent Change in Control of the Company, if the Executive’s employment with the Company or an Employer Subsidiary is terminated for Cause. For purposes solely of
determining whether the Company may terminate this Agreement pursuant to this Section 3(d) without liability to the Executive, the Executive shall be deemed to have been terminated for “Cause” only if Executive had engaged in fraud,
misappropriation or embezzlement, or any action that has resulted in suspension by any agency of the Federal Government of the Executive from association, as a management employee, with any banking corporation any material portion of the deposits of
which are insured by an agency or instrumentality of the Federal Government, such as the Federal Deposit Insurance Corporation (the “FDIC”). Notwithstanding the foregoing, the Executive shall not be deemed, for purposes of this Agreement,
to have been terminated for Cause unless and until there shall have been delivered to the Executive a copy of a resolution duly adopted by the affirmative vote of not less than two-thirds of the entire membership of the Company’s Board of
Directors at a meeting of the Board called and held for that purpose (after reasonable notice to the Executive and an opportunity for the Executive, together with the Executive’s counsel, to be heard before the Board), finding that in the good
faith opinion of the Board the Executive was guilty of conduct set forth in the second sentence of this Section 3(d) and specifying the particulars thereof in detail. 
 (e) Good Reason. The Executive may terminate the Executive’s employment for Good Reason at any time during the term of this
Agreement. For purposes of this Agreement “Good Reason” shall mean any of the following (without the Executive’s express written consent) that occurs either as a result of, or after the occurrence of, any Change in Control:

 (i) The Company or the Employer Subsidiary has materially changed the Executive’s position, duties, responsibilities,
status, or offices as in effect immediately prior to a Change in Control of the Company, which, for purposes hereof, shall include, without limitation, any change in his reporting responsibilities (such as, but not limited to, a requirement that the
Executive report to an officer or another executive of the Company or the Employer Subsidiary other than, or in addition to, the Board of Directors of the Company or any officer or executive to whom the Executive was required to report prior to such
Change in Control) or has removed the Executive from or failed to reelect the Executive to any of such positions, except in connection with the termination of his employment for Disability, Retirement or Cause or as a result of the Executive’s
death; 
 (ii) A reduction by the Company or the Employer Subsidiary in the Executive’s base salary from the base salary
that is in effect on the date hereof or, if such base salary is increased subsequent to the date hereof, from such increased base salary, or the failure of the Company or the Employer Subsidiary (as the case may be) to increase (within 12 months of
the Executive’s last increase in base salary) the Executive’s base salary after a Change in Control of the Company in an amount which at least equals, on a percentage basis, the average percentage increase in base salary for all officers
of the Company or the Employer Subsidiary that employs the Executive effected in the preceding twelve (12) months; 
 (iii) Any failure by the Company or any Employer Subsidiary (as the case may be) to continue in effect any benefit plan or arrangement (including, without limitation, any life insurance, accident, disability and health insurance plans,
401(k) and bonus plans, stock options, and all other similar plans) which are from time to time made generally available to senior executives of the Company (or of such Employer Subsidiary) and in which the Executive is participating at the time of
a Change in Control of the Company, unless replaced by any other plan providing the Executive with substantially similar benefits (hereinafter referred to as “Benefit Plans”), or the taking of any action by the Company which would
adversely affect the Executive’s participation in or materially reduce the Executive’s benefits under any such Benefit Plan or deprive the Executive of any material fringe benefit enjoyed by the Executive at the time of a Change in Control
of the Company; 
 (iv) Any failure by the Company or any Employer Subsidiary to continue in effect any incentive plan or
arrangement (including, without limitation, the Benefit Plans enumerated in subparagraph (iii) above and any similar incentive compensation benefits) in which the Executive is participating 

  

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at the time of a Change in Control of the Company, unless replaced by any other plans or arrangements providing Executive with substantially similar benefits
(hereinafter referred to as “Incentive Plans”), or the taking of any action by the Company or any Employer Subsidiary which would adversely affect the Executive’s participation in any such Incentive Plan or reduce the Executive’s
potential benefits under any such Incentive Plan, expressed as a percentage of his base salary, by more than ten (10) percentage points in any fiscal year as compared to the immediately preceding fiscal year; 
 (v) Any failure by the Company or any Employer Subsidiary to continue in effect any plan or arrangement to receive securities of the
Company (including, without limitation, any Company stock option or stock purchase plan and any other plan or arrangement to receive and exercise stock options, stock appreciation rights, restricted stock or grants thereof) in which the Executive is
participating at the time of a Change in Control of the Company, unless there are substituted therefor plans or arrangements providing him with substantially similar benefits (hereinafter referred to as “Securities Plans”), or the taking
of any action by the Company which would adversely affect the Executive’s participation in or materially reduce the Executive’s benefits under any such Securities Plan; 
 (vi) A relocation of the principal executive offices of the Company or the Employer Subsidiary that employs the Executive to a location
outside of Los Angeles County, California, or the Executive’s relocation to any place other than the location at which the Executive performed the Executive’s duties prior to a Change in Control of the Company, except for required travel
by the Executive on the Company’s or the Employer Subsidiary’s business to an extent substantially consistent with the Executive’s business travel obligations during the twelve (12) months immediately preceding a Change of
Control of the Company; 
 (vii) Any reduction in the number of vacation days that will accrue ratably each year during
Executive’s employment from the vacation accrual to which Executive was entitled at the time of a Change of Control of the Company; 
 (viii) Any material breach by the Company of any provision of this Agreement or any material breach by the Company or any Employer Subsidiary that is the Executive’s employer (as the case may be) of any
employment agreement under which Executive may be employed by the Company or such Employer Subsidiary (an “Executive Employment Agreement”); 
 (ix) Any failure by the Company or the Employer Subsidiary (as the case may be) to obtain the assumption of this Agreement and any Executive Employment Agreement by any successor or assignee of the Company or of the
Employer Subsidiary in any instance in which the Company or the Employer Subsidiary, as the case may be, is not the surviving corporation in a Change of Control transaction; or 
 (x) Any purported termination of the Executive’s employment which is not effectuated pursuant to a Notice of Termination satisfying
the requirements of Section 3(f) of this Agreement, and for purposes of this Agreement, no such purported termination shall be effective. 
 (f) Notice of Termination. Any termination of this Agreement pursuant to Section 3(b), 3(c) or 3(d) shall be communicated to the Executive by the Company by a Notice of Termination. For purposes of this
Agreement, a “Notice of Termination” shall mean a written notice which shall indicate those specific termination provisions in this Agreement relied upon and which set forth in reasonable detail the facts and circumstances claimed to
provide a basis for termination of this Agreement under the provisions so indicated. For purposes of this Agreement, no such purported termination of this Agreement shall be effective without such Notice of Termination. 
 (g) Date of Termination. “Date of Termination” shall mean (i) if this Agreement is terminated by the Company or any
Successor Corporation for Disability, thirty (30) days after Notice of Termination is given to the Executive (provided that the Executive shall not have returned to the performance of the Executive’s duties on a full-time basis during such
30-day period) or (ii) if the Executive’s employment is terminated by the Company, any Employer Subsidiary or any Successor Corporation (as the case may be) for any other reason, the date on which a Notice of Termination is given;
provided that if, within thirty (30) days after any Notice of Termination is given to the Executive by the Company, the Executive notifies the Company that a dispute exists concerning the termination, the Date of Termination shall be the
date the dispute is finally resolved, whether by mutual agreement by the parties or on entry of a final judgment enforcing the order or decree of the arbitrator issued in the arbitration proceeding brought pursuant to Section 12 hereof to have
such dispute resolved as provided therein. 
  

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 4. Severance Compensation upon Termination of Employment. Subject to Section 4(e) below, if,
following a Change in Control, the Company shall terminate the Executive’s employment other than pursuant to Section 3(b) (Death or Disability), 3(c) (Retirement) or 3(d) (Cause), or if the Executive shall
terminate his employment for Good Reason, then: 
 (a) The Company shall pay to the Executive, on the fifth (5th) day
following the Date of Termination, as severance compensation, a lump sum cash payment in an amount equal three (3) times the sum of (i) the Executive’s highest annual base salary in effect during the 12-month period immediately
preceding the Date of Termination, and (ii) the Executive’s incentive compensation bonus that would otherwise be payable to Executive under the Company’s bonus or incentive compensation plan then in effect for the year in which the
Date of Termination occurred assuming one hundred percent (100%) satisfaction of all performance goals established under such plan for the Executive and the Company and Executive’s Employer Subsidiary. All payments hereunder shall be made
net of withholdings required by applicable federal, state or local laws. 
 (b) The Company shall pay in cash to the Executive
an amount equal to the difference between the exercise price and the fair market price (based upon the average trading price of the Company’s stock, as reported on the NASDAQ National Market System, or on any National Securities Exchange on
which the Company’s stock may be listed, as the case may be, for the twenty (20) business days preceding the Change in Control) of those shares of capital stock of the Company subject to all stock options held by the Executive as of the
Date of Termination, whether or not such stock options have otherwise become vested and the Company shall withhold all appropriate taxes and other amounts related to such payment as required by applicable federal, state or local laws. 
 (c) All restrictions on any restricted stock held by the Executive, other than any restrictions imposed by applicable securities laws,
shall be removed as of the Date of Termination. 
 (d) The Company shall continue for a period of three (3) year(s) from
the Date of Termination or until Executive reaches the age of 65, whichever period is longer, to provide the following benefits to the Executive and his family members (to the extent such family members participated in such benefits) on the same
terms as provided to the Executive (and his family members) on the Date of Termination: 
 (i) Participation in the
Company’s medical, dental and vision plans; and 
 (ii) Long-term disability insurance. 
 Provided however, that any benefits payable under this subsection 4(d) shall terminate at such time as the Executive becomes
eligible for similar benefits from any subsequent employer. 
 (e) Limitation. To the extent that any or all of the
payments and benefits provided for in this Agreement constitute “parachute payments” within the meaning of Section 280G of the Internal Revenue Code (the “Code”) and, but for this Section 4(e), would be subject to the
excise tax imposed by Section 4999 of the Code, the aggregate amount of such payments and benefits shall be reduced such that the present value thereof (as determined under the Code and applicable regulations) is equal to 2.99 times the
Executive’s “base amount” (as defined in the Code). The determination of any reduction of any payment or benefits under this Section 4 pursuant to the foregoing provision shall be made by a nationally recognized public accounting
firm chosen by the Company in good faith, and such determination shall be conclusive and binding on the Company and the Executive. 
 5.
No Obligation to Mitigate Damages; No Effect on Other Contractual Rights. 
 (a) The Executive shall not be required to
mitigate damages or the amount of any payment provided for under this Agreement by seeking other employment or otherwise, nor, except as set forth in Section 4(d), shall the amount of any payment provided for under this Agreement be reduced by
any compensation earned by the Executive as the result of employment by another employer after the Date of Termination, or otherwise. 
 (b) The provisions of this Agreement, and any payment provided for hereunder, shall not reduce any amounts otherwise payable, or in any way diminish the Executive’s existing rights, or rights which would accrue
solely as a result of the passage of time, under any Benefit Plan, Incentive Plan or Securities Plan, employment agreement or other contract, plan or arrangement. 
  

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 6. Successor to the Company. 
 (a) The Company will require any successor or assignee (whether direct or indirect, by purchase, merger, consolidation or otherwise) to
all or substantially all of the business and/or assets of the Company or of any Bank Subsidiary that is the Employer Subsidiary that employs the Executive, by agreement in form and substance satisfactory to the Executive, expressly, absolutely and
unconditionally 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 it if no such succession or assignment had taken place. Any failure of the Company to obtain such
agreement prior to the effectiveness of any such succession or assignment shall be a material breach of this Agreement and shall entitle the Executive to terminate the Executive’s employment for Good Reason. As used in this Agreement,
“Company” shall mean the Company as hereinbefore defined and any successor or assignee to its business and/or assets as aforesaid which executes and delivers the agreement provided for in this Section 6 or which otherwise becomes
bound by all of the terms and provisions of this Agreement by operation of law. If at any time during the term of this Agreement the Executive is employed by any corporation a majority or all of the voting securities of which is then owned by the
Company, “Company” as used in Sections 3, 4, 11 and 12 hereof shall in addition include such employer. In such event, the Company agrees that it shall pay or shall cause such employer to pay any amounts owed to the Executive pursuant
to Section 4 hereof. 
 (b) This Agreement shall inure to the benefit of and be enforceable by the Executive’s
personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts are still payable to him hereunder, all such amounts, unless otherwise provided
herein, shall be paid in accordance with the terms of this Agreement to the Executive’s devisee, legatee, or other designee or, if there be no such designee, to the Executive’s estate. 
 7. Release of Claims. The obligations of the Company under this Agreement shall constitute the only obligations of the Company arising from the
Company’s termination of Executive’s employment for any reason following a Change in Control of the Company. Upon the Company’s tender of payment hereunder pursuant to Section 4, the Company shall have no obligation to Executive
by reason of his employment or the termination thereof other than those set forth herein, and the Executive agrees that receipt of such payment shall constitute a full and final settlement and release of all claims or rights against the Company
whether under this Agreement or any other employment contract or agreement, or under any Benefit Plans, Incentive Plans, or Securities Plans that the Company has with the Executive or in which he participates, and Executive shall execute all
appropriate agreements reflecting such settlement and release. 
 8. Notice. For purposes of this Agreement, notices and all other
communications provided for in the Agreement shall be in writing and shall be deemed to have been duly given when delivered or mailed by United States registered mail, return-receipt requested, postage- prepaid, as follows: 
  

			
	If to the Company:	  	Chairman of the Board
		  	Foothill Independent Bancorp
		  	510 South Grand Avenue
		  	Glendora, CA 91741
		
	If to the Executive:	  	George E. Langley
		  	(At the address of his principal
		  	residence, as set forth in the Company
		  	employment records)

 or such other address as either party may have furnished to the other in writing in accordance herewith, except
that notices of change of address shall be effective only upon receipt. 
 9. Miscellaneous. No provisions of this Agreement may be
modified, waived or discharged unless such waiver, modification or discharge is agreed to in writing signed by the Executive and the Company. No waiver by either party hereto at any time of any breach by the other party hereto of, or compliance
with, any condition or provision of this Agreement to be performed by such other party shall be deemed a waiver of similar or dissimilar provisions or conditions at the same or at any prior or subsequent time. No agreements or representations, oral
or otherwise, express or implied, with respect to the subject matter hereof have been made by either party which are not set forth expressly in this Agreement. This Agreement shall be governed by and construed in accordance with the laws of the
State of California. 
  

 6 

 10. Validity. The invalidity or unenforceability of any provisions of this Agreement shall not
affect the validity or enforceability of any other provision of this Agreement, which shall remain in full force and effect. 
 11.
Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original but all of which together will constitute one and the same instrument. 
 12. Arbitration, Legal Fees and Expenses. In the event of any controversy, claim or dispute between the parties hereto arising out of or relating
to this Agreement, the matter shall be determined by arbitration, which shall take place in Los Angeles County, California, under the rules of the American Arbitration Association; and a judgment upon such award may be entered in any court having
jurisdiction thereof. Any decision or award of such arbitrator shall be final and binding upon the parties and shall not be appealable. The parties hereby consent to the jurisdiction of such arbitrator and of any court having jurisdiction to enter
judgment upon and enforce any action taken by such arbitrator. The Company shall pay all legal fees and expenses which the Executive may incur as a result of the Company’s contesting the validity, enforceability or the Executive’s
interpretation of, or determinations under, this Agreement. 
 13. Confidentiality. The Executive shall retain in confidence any and
all confidential information known to the Executive concerning the Company and its business so long as such information is not otherwise publicly disclosed. 
 14. Entire Agreement. This Agreement contains all of the terms agreed upon between the Executive and the Company with respect to the subject matter hereof and replaces and supersedes all prior severance
agreements between the Executive and the Company. If Executive’s employment is terminated prior to any Change in Control of the Company and this Agreement is in effect at the time of such termination, then, it shall survive for one
(1) year thereafter, provided such termination is not due to the occurrence of any of the events described in Section 3(b), 3(c) or 3(d) of this Agreement or a termination by Executive for other than a Good Reason (as defined in
Section 3(e) above), solely in order that the Executive shall become entitled to the compensation set forth in Section 4(a) in the event that a Change in Control of the Company occurs within such one (1) year period. The Executive and
the Company agree that no term, provision or condition of this Agreement shall be held to be altered, amended, changed or waived in any respect except by subsequent written agreement between the Executive and the Company that has been executed and
delivered by the Executive. 
 [Signatures follow on next page] 
  

 7 

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

  

									
	“COMPANY”	 		 	“EXECUTIVE”
			
	FOOTHILL INDEPENDENT BANCORP	 		 	
					
	By:	 	/s/ WILLIAM V. LANDECENA	 		 		 	/s/ GEORGE E. LANGLEY
	Name:	 	William V. Landecena	 		 	Name:	 	George E. Langley
	Title:	 	Chairman of the Board	 		 	Title:	 	 President and Chief Executive Officer
 of the Company and Foothill Independent Bank

  

 8

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