Exhibit 10.1.10
PACIFIC CAPITAL BANCORP
1984 AMENDED AND RESTATED STOCK OPTION PLAN
INDEX
PACIFIC CAPITAL BANCORP
1984 AMENDED AND RESTATED STOCK OPTION PLAN
1. PURPOSE
ARTICLE NO.
DESCRIPTION
COMMENCING
ON PAGE
1.
PURPOSE
2
2.
ADMINISTRATION
2
3.
PARTICIPANTS
3
4.
THE SHARES
3
5.
GRANT, TERMS AND CONDITIONS OF OPTIONS
4
6.
ADJUSTMENT OF AND CHANGES IN THE SHARES
6
7.
LISTING OR QUALIFICATION OF SHARES
8
8.
BINDING EFFECT OF CONDITIONS
8
9.
AMENDMENT AND TERMINATION OF THE PLAN
8
10.
EFFECTIVENESS OF THE PLAN
8
11.
PRIVILEGES OF STOCK OWNERSHIP; SECURITIES LAW COMPLIANCE;
NOTICE OF SALE
8
12.
INDEMNIFICATION
9
13.
INFORMATION TO OPTIONEES
9
The purpose of this Amended and Restated Stock Option P1an (the “Plan”) of Pacific Capital Bancorp (“Pacific Capital”)
and its Affiliates (hereinafter collectively referred to as the “Company”) is to secure for the Company and its shareholders the
benefits of the incentive inherent in the ownership of Common Stock of Pacific Capital by those directors, 1 / officers and
employees of the Company who will share responsibility for the future growth and success of the Company.
The word “Affiliate”, as used in this Plan, means any bank or corporation in an unbroken chain of banks or corporations
beginning or ending with the Company, if at the time of the granting of the option , each such bank or corporation other than the
last in the chain owns stock possessing fifty percent (50%) or more of the total combined voting power of all classes of stock in
one of the other banks or corporations in the chain.
2. ADMINISTRATION
The following provisions shall govern the administration of the Plan:
(a) The Plan shall be administered by a committee of the Board of Directors duly appointed by the Board (the “Committee”)
composed of two (2) or more directors, each of whom is a “disinterested person” within the