SUMMARY OF MATERIAL MODIFICATION
COAST NATIONAL BANK 401 (K) PROFIT SHARING PLAN
DECEMBER 30, 2004
(1) General . This is a Summary of Material Modification regarding the COAST NATIONAL BANK
401 (K) PROFIT SHARING PLAN (“Plan”). This Summary of Material Modification supplements the
Summary Plan Description (“SPD”) dated December 17, 2002 . You should retain this document with your copy
of the SPD.
(2) Identification of Employer . The legal name, address and Federal employer identification number of
the Employer are:
(3) Summary Description of Modification . The Employer has amended the Plan in the following
The Employer has amended the definition of compensation to exclude Fringe Benefits, Bonuses and
(4) Effect on SPD . This Summary amends and updates the SPD.
Coast National Bank
500 Marsh Street
San Luis Obispo, CA 93401