This Employment Agreement (the “ Agreement ”) is effective as of November 17, 2005 (the “ Effective Date ”)
by and between Richard H. Revier (“ Executive ”) and 1 Pacific Bank of California, a California state-
chartered bank (the “ Bank ”), with regard to the following:
A. Executive has served as the Executive Vice President and Chief Credit Officer of the Bank under an
Employment Agreement between Executive and the Bank dated November 17, 2003 (the “ Former Employment
B. Executive and the Bank have agreed that Executive shall continue to serve as the Executive Vice
President and Chief Credit Officer and a full-time employee of the Bank under the terms of this Agreement, and
as such is expected to make a major contribution to the profitability, growth and financial strength of the Bank.
C. The Bank considers the availability of Executive’s services, managerial skills and business
experience to be in the best interests of the Bank and the shareholders of the Bank and desires to assure the
continued services of Executive on behalf of the Bank.
D. Executive is willing to be employed by the Bank upon the understanding that the Bank will provide
him with income security and benefits if his employment with the Bank is terminated, upon certain terms and
NOW, THEREFORE, for valuable consideration the receipt and sufficiency of which are hereby
acknowledged, the parties agree as follows:
1. Definitions .
“ Bank ” means 1st Pacific Bank of California, a California state-chartered bank, its successors
and permitted assigns.
“ Bank Board ” means the Board of Directors of the Bank.
“ Beneficiary ” means the person or entity to receive rights or benefits under this Agreement, as
set forth in this Agreement, in the event of the death of Executive. Unless otherwise specified in a written notice
to the Bank, the Beneficiary shall be the spouse of Executive, if any, and if there is none, the estate of Exe