Document:

Exibit 4.6

    

      PENSION
        SPECIALISTS, INC. PROTOTYPE/VOLUME SUBMITTERPLAN

       

      EGTRRA

       

      GOOD
        FAITH PLAN AMENDMENTS

       

      AMENDMENTS
        TO ADOPTION AGREEMENT

       

      For
        the

       

      Capital
        Corp of the West 401(k) Plan

       

      Effective
        July 1, 2002

       

      PLAN
        AMENDMENTS FOR DEFINED CONTRIBUTION PLANS

       

      AMENDMENT
        #8--Plan Amendment to Specify Additional Types of Rollovers Accepted
        by the Plan Pursuant to EGTRRA 641, 642 and 643

       

      (A
        plan
        is not required to accept rollover contributions, including direct rollovers
        under Section 401 (a) (31) of the Internal Revenue Code. lithe plan will
        not
        accept any rollover contributions, no boxes should be checked. However, the
        plan
        can specj5 types of rollovers the plan will accept by checking one or more
        of
        the boxes below. A plan that accepts rollovers may be required to separately
        account for such amounts.)

       

      ROLLOVERS
        FROM OTHER PLANS

       

      Direct
        Rollovers:
        The
        plan will accept a direct rollover of an eligible rollover distribution from
        (check each that applies or none):

       

      
        	?  	
                A
                  qualified plan described in section 401(a) of the Code, excluding
                  after-
                  tax employee contributions.

              

      

       

      
        	?  	
                A
                  qualified plan described in section 403(a) of the Code, excluding
                  after-
                  tax employee contributions.

              

      

       

      
        	?  	
                An
                  annuity contract described in section 403(b) of the Code, excluding
                  after-tax employee contributions.

              

      

       

      
        	?  	
                An
                  eligible plan under section 457(b) of the Code which is maintained
                  by a
                  state, political subdivision of a state, or any agency or instrumentality
                  of a state or political subdivision of a
                  state.

              

      

       

      Participant
        Rollover Contributions from Other Plans:
        The
        plan will accept a participant contribution of an eligible rollover distribution
        from (check each that applies or none):

       

      
        	?  	
                A
                  qualified plan described in section 401(a) of the
                  Code.

              

      

       

      
        	?  	
                A
                  qualified plan described in section 403(a) of the
                  Code.

              

      

       

      
        	?  	
                An
                  annuity contract described in section 403(b) of the
                  Code.

              

      

       

      
        	?  	
                An
                  eligible plan under section 457(b) of the Code which is maintained
                  by a
                  state, political subdivision of a state, or any agency or instrumentality
                  of a state or political subdivision of a
                  state.

              

      

       

      Participant
        Rollover Contributions from IRAs:

       

      The
        plan:
        (Choose one.)

       

      
        	?  	
                Will

              

      

       

      
        	?  	
                Will
                  not

              

      

       

      accept
        a
        participant rollover contribution of the portion of a distribution from an
        individual retirement account or annuity described in section 408(a) or 408(b)
        of the Code that is eligible to be rolled over and would otherwise be includible
        in oss income.

       

      Effective
        Date of Direct Rollover and Participant Rollover Contribution
        Provisions:

       

      Rollovers
        From Other Plans shall be effective July 1, 2002.

       

      

       

      PLAN
        AMENDMENTS FOR SECTION 401(K) PLANS

       

      This
        section only applies if the Plan has a 401 (k) feature.

       

      AMENDMENT
        #13--Plan Amendment for 631 of EGTRRA

       

      CATCH-UP
        CONTRIBUTIONS

       

      Catch-up
        Contributions: (Choose one.).

       

      
        	?  	
                Shall
                  apply to contributions after July 1,
                  2002.

              

      

       

      
        	?  	
                Shall
                  not apply. -

              

      

       

      Accepted
        by:/s/
        Thomas T. Hawker Date:
        7/9/2002

                                  
        Thomas T. HawkerExibit 4.7

    

      AMENDMENT
        NUMBER THREE

      For
        the

      Capital
        Corp of the West 401(k) Plan

      

      AMENDMENT
        TO COMPLY WITH THE MINIMUM DISTRIBUTION REQUIREMENTS

      

      ARTICLE
        I

      GENERAL
        RULES

      

      
        	
                1.1

              	
                Effective
                  Date. The provisions of this Amendment will apply for purposes
                  of
                  determining required minimum distributions for calendar years beginning
                  with the 2003 calendar year.

              

      

       

      
        	
                1.2

              	
                Precedence.
                  The requirements of this Amendment will take precedence over any
                  inconsistent provisions of the
                  Plan.

              

      

       

      
        	
                1.3

              	
                Requirements
                  of Treasury Regulations Incorporated. All distributions required
                  under
                  this Amendment will be determined and made in accordance with the
                  Treasury
                  regulations under Section 401(a)(9) of the Internal Revenue
                  Code.

              

      

       

      
        	
                1.4

              	
                TEFRA
                  Section 242(b)(2) Elections. Notwithstanding the other provisions
                  of this
                  Amendment, distributions may be made under a designation made before
                  January 1, 1984, in accordance with Section 242(b)(2) of the Tax
                  Equity
                  and Fiscal Responsibility Act (TEFRA) and the provisions ofthe
                  Plan that
                  relate to Section 242(b)(2) of
                  TEFRA.

              

      

       

      ARTICLE
        II

      TIME
        AND MANNER OF DISTRIBUTION

      

      
        	
                2.1

              	
                Required
                  Beginning Date. The Participant?s entire interest will be distributed,
                  or
                  begin to be distributed, to the Participant no later than the
                  Participant?s required beginning
                  date.

              

      

       

      
        	
                2.2

              	
                Death
                  of Participant Before Distributions Begin. If the Participant dies
                  before
                  distributions begin, the Participant?s entire interest will be
                  distributed, or begin to be distributed, no later than as
                  follows:

              

      

       

      (a)
        If
        the Participant?s surviving spouse is the Participant?s sole designated
        beneficiary, then, except as provided in Article VI, distributions to the
        surviving spouse will begin by December 31 of the calendar year immediately
        following the calendar year in which the Participant died, or by December
        31 of
        the calendar year in which the Participant would have attained age 70Y2,
        if
        later.

       

      (b)
        If
        the Participant?s surviving spouse is not the Participant?s sole designated
        beneficiary, then, except as provided in Article VI, distributions to the
        designated beneficiary will begin by December 31 of the calendar year
        immediately following the calendar year in which the Participant
        died.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      (c)
        If
        there is no designated beneficiary as of September 30 of the year following
        the
        year of the Participant?s death, the Participant?s entire interest will be
        distributed by December 31 of the calendar year containing the fifth anniversary
        of the Participant?s death.

       

      (d)
        If
        the Participant?s surviving spouse is the Participant?s sole designated
        beneficiary and the surviving spouse dies after the Participant but before
        distributions to the surviving spouse begin, this Section 2.2, other than
        Section 2.2(a), will apply as if the surviving spouse were the
        Participant.

       

      For
        purposes of this Section 2.2 and Article IV, unless Section 2.2(d) applies,
        distributions are considered to begin on the Participant?s required beginning
        date. If Section 2.2(d) applies, distributions are considered to begin on
        the
        date distributions are required to begin to the surviving spouse under Section
        2.2(a). If distributions under an annuity purchased from an insurance company
        irrevocably commence to the Participant before the Participant?s required
        beginning date (or to the Participant?s surviving spouse before the date
        distributions are required to begin to the surviving spouse under Section
        2.2(a)), the date distributions are considered to begin is the date
        distributions actually commence.

       

      
        	
                2.3

              	
                Forms
                  of Distribution. Unless the Participant?s interest is distributed
                  in the
                  form of an annuity purchased from an insurance company or in a
                  single sum
                  on or before the required beginning date, as of the first distribution
                  calendar year distributions will be made in accordance with Articles
                  III
                  and IV of this Amendment. If the Participant?s interest is distributed
                  in
                  the form of an annuity purchased from an insurance company, distributions
                  thereunder will be made in accordance with the requirements of
                  Section
                  401(a)(9) of the Code and the Treasury
                  regulations.

              

      

       

      ARTICLE
        III

       

      REQUIRED
        MINIMUM DISTRIBUTIONS DURING PARTICIPANT?S LIFETIME

       

      
        	
                3.1

              	
                Amount
                  of Required Minimum Distribution For Each Distribution Calendar
                  Year.
                  During the Participant?s lifetime, the minimum amount that will
                  be
                  distributed for each distribution calendar year is the lesser
                  of:

              

      

       

      (a)
        the
        quotient obtained by dividing the Participant?s account balance by the
        distribution period in the Uniform Lifetime Table set forth in Section 1
        .401(a)(9)-9 of the Treasury regulations, using the Participant?s age as
        of the
        Participant?s birthday in the distribution calendar year; or

       

      (b)
        if
        the Participant?s sole designated beneficiary for the distribution calendar
        year
        is the Participant?s spouse, the quotient obtained by dividing the Participant?s
        account balance by the number in the Joint and Last Survivor Table set forth
        in
        Section 1 .401 (a)(9)-9 of the Treasury regulations, using the Participant?s
        and
        spouse?s attained ages as of the Participant?s and spouse?s birthdays in
        the
        distribution calendar year.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      
        	
                3.2

              	
                Lifetime
                  Required Minimum Distributions Continue Through Year of Participant?s
                  Death. Required minimum distributions will be determined under
                  this
                  Article 3 beginning with the first distribution calendar year and
                  up to
                  and including the distribution calendar year that includes the
                  Participant?s date of death.

              

      

       

      ARTICLE
        IV

       

      REQUIRED
        MINIMUM DISTRIBUTIONS AFTER PARTICIPANT?S DEATH

       

      4.1 Death
        On or After Date Distributions Begin.

       

      (a)
        Participant
        Survived by Designated Beneficiary.
        If the
        Participant dies on or after the date distributions begin and there is a
        designated beneficiary, the minimum amount that will be distributed for each
        distribution calendar year after the year of the Participant?s death is the
        quotient obtained by dividing the Participant?s account balance by the longer
        of
        the remaining life expectancy of the Participant or the remaining life
        expectancy of the Participant?s designated beneficiary, determined as
        follows:

       

      (1)
        The
        Participant?s remaining life expectancy is calculated using the age of the
        Participant in the year of death, reduced by one for each subsequent
        year.

       

      (2)
        If
        the Participant?s surviving spouse is the Participant?s sole designated
        beneficiary, the remaining life expectancy of the surviving spouse is calculated
        for each distribution calendar year after the year of the Participant?s death
        using the surviving spouse?s age as of the spouse?s birthday in that year.
        For
        distribution calendar years after the year of the surviving spouse?s death,
        the
        remaining life expectancy of the surviving spouse is calculated using the
        age of
        the surviving spouse as of the spouse?s birthday in the calendar year of
        the
        spouse?s death, reduced by one for each subsequent calendar year.

       

      (3)
        If
        the Participant?s surviving spouse is not the Participant?s sole designated
        beneficiary, the designated beneficiary?s remaining life expectancy is
        calculated using the age of the beneficiary in the year following the year
        of
        the Participant?s death, reduced by one for each subsequent year.

       

      (b)
        No
        Designated Beneficiary. If the Participant dies on or after the date
        distributions begin and there is no designated beneficiary as of September
        30 of
        the year after the year of the Participant?s death, the minimum amount that
        will
        be distributed for each distribution calendar year after the year of the
        Participant?s death is the quotient obtained by dividing the Participant?s
        account balance by the Participant?s remaining life expectancy calculated
        using
        the age of the Participant in the year of death, reduced by one for each
        subsequent year.

       

      4.2 Death
        Before Date Distributions Begin.

       

      (a)
        Participant Survived by Designated Beneficiary. Except as provided in Article
        VI, if the Participant dies before the date distributions begin and there
        is
        a

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      designated
        beneficiary, the minimum amount that will be distributed for each distribution
        calendar year after the year of the Participant?s death s the quotient obtained
        by dividing the Participant?s account balance by the remaining life expectancy
        of the Participant?s designated beneficiary, determined as provided in Section
        4.1.

       

      (b)
        No
        Designated Beneficiary.
        If the
        Participant dies before the date distributions begin and there is no designated
        beneficiary as of September 30 of the year following the year of the
        Participant?s death, distribution of the Participant?s entire interest will
        be
        completed by December 31 of the calendar year containing the fifth anniversary
        of the Participant?s death.

       

      (c)
        Death
        of Surviving Spouse Before Distributions to Surviving Spouse Are Reguired
        to
        Begin.
        If the
        Participant dies before the date distributions begin, the Participant?s
        surviving spouse is the Participant?s sole designated beneficiary, and the
        surviving spouse dies before distributions are required to begin to the
        surviving spouse under Section 2.2(a), this Section 4.2 will apply as if
        the
        s.jrviving spouse were the Participant.

       

      ARTICLE
        V

       

      DEFINITIONS

       

      
        	
                5.1

              	
                Designated
                  beneficiary.
                  The individual who is designated as the Beneficiary under the Plan
                  and is
                  the designated beneficiary under section 401(a)(9) of the Internal
                  Revenue
                  Code and Section 1 .401(a)(9)-1, Q&A-4, of the Treasury
                  regulations.

              

      

       

      
        	
                5.2

              	
                Distribution
                  calendar year.
                  A
                  calendar year for which a minimum distribution is required. For
                  distributions beginning before the Participant?s death, the first
                  distribution calendar year is the calendar year immediately preceding
                  the
                  calendar year which contains the Participant?s required beginning
                  date.
                  For distributions beginning after the Participant?s death, the
                  first
                  distribution calendar year is the calendar year in which distributions
                  are
                  required to begin under Section 2.2. The required minimum distribution
                  for
                  the Participant?s first distribution calendar year will be made
                  on or
                  before the Participant?s required beginning date. The required
                  minimum
                  distribution for other distribution calendar years, including the
                  required
                  minimum distribution for the distribution calendar year in which
                  the
                  Participant?s required beginning date occurs, will be made on or
                  before
                  December 31 of that distribution calendar
                  year.

              

      

       

      
        	
                5.3

              	
                Life
                  expectancy.
                  Life expectancy as computed by use of the Single Life Table in
                  Section
                  1.401 (a)(9)-9 of the Treasury
                  regulations.

              

      

       

      
        	
                5.4

              	
                Participant?s
                  account balance.
                  The account balance as of the last valuation date in the calendar
                  year
                  immediately preceding the distribution calendar year (valuation
                  calendar
                  year) increased by the amount of any contributions made and allocated
                  or
                  forfeitures allocated to the account balance as of dates in the
                  valuation
                  calendar year after the valuation date and decreased by distributions
                  made
                  in the valuation calendar year after the valuation date. The account
                  balance for the valuation calendar year includes any amounts rolled
                  over
                  or

              

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      transferred
        to the Plan either in the valuation calendar year or in the distribution
        calendar year if distributed or transferred in the valuation calendar
        year.

       

      
        	
                5.5

              	
                Required
                  beginning date. The date specified in the Plan when distributions
                  under
                  Section 401(a)(9) of the Internal Revenue Code are required to
                  begin.

              

      

       

      ARTICLE
        VI

       

      5-YEAR
        RULE

       

      
        	
                6.1

              	
                5-Year
                  Rule Applies to Distributions to Designated Beneficiaries. If the
                  Participant dies before distributions begin and there is a designated
                  beneficiary, distribution to the designated beneficiary is not
                  required to
                  begin by the date specified in Section 2.2, but the Participant?s
                  entire
                  interest will be distributed to the designated beneficiary by December
                  31
                  of the calendar year containing the fifth anniversary of the Participant?s
                  death. If the Participant?s surviving spouse is the Participant?s
                  sole
                  designated beneficiary and the surviving spouse dies after the
                  Participant
                  but before distributions to either the Participant or the surviving
                  spouse
                  begin, this will apply as if the surviving spouse were the Participant.
                  This provision applies to all
                  distributions.

              

      

       

      
        	
                6.2

              	
                Participants
                  or Beneficiaries Permitted to Elect 5-Year Rule. Participants or
                  beneficiaries may elect on an individual basis whether the 5-year
                  rule or
                  the life expectancy rule in Sections 2.2 and 4.2 of this Amendment
                  applies
                  to distributions after the death of a Participant who has a d.esignated
                  beneficiary. The election must be made no later than the earlier
                  of
                  September 30 of the calendar year in which distribution would be
                  required
                  to begin under Section 2.2 of this Amendment, or by September 30
                  of the
                  calendar year which contains the fifth anniversary of the Participant?s
                  (or, if applicable, surviving spouse?s) death. If neither the Participant
                  nor beneficiary makes an election under this paragraph, distributions
                  will
                  be made in accordance with Sections 2.2 and 4.2 of this Amendment
                  and
                  Section 6.1 of this Amendment.

              

      

       

      Accepted
        By: _/s/
        Thomas T. Hawker President/CEO_____________________________

       

      Date:12/19/03

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Board
        Resolutions for Approval Of

      Minimum
        Distribution IRS Model Amendment and for Designated Person to Adopt Any and
        All
        Future Amendments That May Be Required Pursuant to
        Regulatory

      Action
        or Direction

       

      WHEREAS,
        the Capital Corp of the West Employee Stock Ownership Plan (ESOP or Plan)
        and
        the Capital Corp of the West 401(k) Plan (401 k or Plan) were previously
        amended
        to comply with certain provisions of the Economic Growth and Tax Relief
        Reconciliation Act of 2001 (EGTRRA) by adopting model amendment language
        suggested by the IRS in Notice 2001-57, dealing with certain plan limits
        and
        other general matters;

       

      WHEREAS,
        the Treasury Department has, since the adoption date of the EGTRRA amendments
        issued final regulations governing required minimum distributions (RMDs)
        under
        Code section 401 (a)(9);

       

      WHEREAS,
        the regulations require that RMDs be made from qualified plans when a
        participant attains age 70-1/2 (or retires, if later, for employees other
        than
        certain key employees) or after a participant?s death;

       

      WHEREAS,
        the final regulations apply to RMDs for calendar years beginning after December
        31, 2002, and therefore, the ESOP and 401k must be amended to comply with
        the
        new regulations; and

       

      WHEREAS,
        the deadline for adopting these IRS model amendments is the later of (I)
        the
        last day of the 2003 Plan year or (ii) the last day of the GUST remedial
        amendment period for the Plan; the later of which for the ESOP and 401 k
        is
        December 31, 2003.

       

      NOW,
        THEREFORE, BE IT RESOLVED, that the IRS Model amendment provided by counsel
        to
        the bank is hereby reviewed and approved as necessary and appropriate for
        the
        Plan;

       

      RESOLVED
        FURTHER, that the adoption and execution of the IRS model amendment by the
        President of the bank on December 19, 2003 is hereby ratified and retroactively
        approved; and

       

      RESOLVED
        FURTHER, that the President and the appropriate officers, without further
        action
        by this Board, are hereby specifically authorized and directed to take any
        and
        all actions that may be deemed necessary or appropriate with respect to the
        Plan
        including, but not limited to, adopting such additional amendments as may
        be
        required to obtain a favorable determination letter from the IRS confirming
        the
        tax qualified status of the Plan; adopting such additional minor amendments
        as
        may be necessary to clarify the terms of the Plan in keeping with the foregoing
        purposes; adopting such additional amendments deemed necessary to the Plan
        to
        ensure that the Plan complies with the requirements of the Internal Revenue
        Code
        and ERISA, as amended and applicable to the Plan in the future.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      CERTIFICATE
        OF SECRETARY

       

      The
        undersigned, being the duly appointed and acting secretary of Capital Corp
        of
        the West (Corporation), hereby certifies that the attached resolutions were
        duly
        adopted by action or written consent of the board of directors of the
        Corporation on January 27, 2004, and that such resolutions have not been
        modified or rescinded as of the date of this certificate.

       

      Executed
        this 27 day of January, 2004.

       

      

       

      

       

      _____/s/
        Denise Butler____

      Secretary

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