$ 90,000.00 SEPTEMBER 29, 1997
FOR VALUE RECEIVED, the undersigned SHIRLEY W. NELSON (the "MAKER"), promises to pay to
SUMMIT BANCSHARES, INC. (the "PAYEE"), or order, in Oakland, California, or at such other place as
PAYEE may from time to time designate, in United States of America currency, the sum of NINETY
THOUSAND AND NO/100 DOLLARS ($90,000.00), with interest on the unpaid principal balance. Interest
shall accrue from the date of this Note at the rate of six per cent (6.00%) per annum.
Accrued interest, if any, shall be payable annually, commencing on the first anniversary date of this Note. Any
unpaid accrued interest and principal shall be due and payable on or before the third anniversary date of this
The MAKER shall have the right to prepay all or any part of the unpaid principal of this Note from time to time
without any penalty or premium, provided that any such prepayments shall be applied first against any accrued
interest, and then against principal.
The MAKER shall be deemed to be in default if MAKER fails to pay any installment of interest within thirty (30)
days after the due date. In such event, the total sum of principal and accrued interest shall become immediately
due and payable at the option of PAYEE or other assignee of this Note.
If a party breaches this Note, the breaching party shall pay all costs and attorneys' fees incurred by the other
party in connection with such breach, whether or not any litigation is commenced.
This Note is secured by a pledge of certain of PAYEE's Common Stock held by MAKER pursuant to a Pledge
Agreement dated of even date herewith.
Consent by PAYEE or other assignee of the Note to waive one default shall not be deemed to be a waiver of the
right to waive future or successive defaults.
This Note shall be governed as to its construction, interpretation, and enforcement and in all other respects by the
laws of the State of California.
This Note shall not be modified, a