AMENDMENT NO. 1 TO
LIFE INSURANCE ENDORSEMENT METHOD
SPLIT DOLLAR PLAN AGREEMENT
This Amendment No. 1 to Life Insurance Endorsement Method Split Dollar Plan Agreement (the “
Amendment ”) is made effective as of February 1, 2005, and is entered into by and between Central Valley
Community Bank, formerly named Clovis Community Bank (the “ Bank ”) and Shirley Wilburn (the “ Insured ”
or “ Executive ”), each a “ Party ” and together the “ Parties .”
A. The Parties entered into that certain Life Insurance Endorsement Method Split Dollar Plan Agreement
dated effective as of April 1, 2001 (the “ Agreement ”).
B. Pursuant to the terms of this Amendment, the Parties wish to amend the Agreement.
In consideration of the mutual promises, covenants, and agreements contained herein and for other good
and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties agree as
1. Polices Covered by the Agreement . In addition to the ING Southland Life Insurance Company Policy
and the Union Central Life Insurance Company policies identified in the Agreement (the “ 2001 Policies ”), the
Agreement shall cover that certain life insurance policy numbered 56610856 issued by New York Life on
February 18, 2005 (the “ New York Life Policy ”), and all references in the Agreement to the “policy” shall
refer to the 2001 Policies and the New York Life Policy, except as specifically described in this Amendment.
2. Division of Death Proceeds .
(a) Section VI (A) is hereby deleted in its entirety and replaced with the following:
A. Should the Insured be employed by the Bank and die before the Executive attains age
sixty-five (65), the Insured’s beneficiary(ies), designat