First Amendment to Lease
This Amendment, dated November 17, 2004, is executed by and between 95 College Plaza, Ltd., a
California limited partnership (“ Landlord ”), and 1st Pacific Bank of California, a California corporation (“
Tenant ”). This Amendment is entered into with reference to the following facts:
A. On or about November 1, 1999, Landlord, as landlord, and Tenant, as tenant, executed that certain
Shopping Center Lease (“ the Lease ”) pertaining to the premises commonly known as 3500 College
Boulevard, Oceanside, California 92054 (“ the Premises ”).
B. The original term of the Lease will expire on December 31, 2004 (“ the Original Term Expiration
C. By this Amendment, Landlord and Tenant desire to extend the term of the Lease and otherwise
amend the Lease, as provided below.
In consideration of the above recitals and the mutual agreements stated below, the parties agree:
1. Term Extension . The term of the Lease is extended for a period commencing January 1, 2005,
through December 31, 2009 (“ the Extended Term ”). As a consequence of such extension, the option to
extend the term, as provided in the Addendum to the Lease, is hereby deleted (i.e., Tenant has no further option
to extend the term of the Lease).
2. Minimum Annual Rent . During the first Lease Year (defined below), the Minimum Annual Rent will
be $8,797.80/mo. The Minimum Annual Rent for the second Lease Year of the Extended Term and each
subsequent Lease Year of the term of the Lease will be equal to the amount derived by multiplying the Minimum
Annual Rent for the first Lease year of the Extended Term by a fraction, the numerator of which is the Index
(defined below) amount for the last period for which the Index is published and that ends before the
commencement of the Lease Year for which the calculation is being made and the denominator of which is the