Amendment No. 2 to the Adoption Agreement of
Deferred Salary Profit-Sharing Thrift Plan for Employees
of North Valley Bancorp and its Affiliates, including
North Valley Bank
Pursuant to the provisions of Section 8.l(b) of Article 8. of the Plan, the
Adoption Agreement is hereby amended in order to correct a scrivener's error.
1. Effective January 1, 1996, by the substitution of the following for Section
E2(e):
"e.(X) A Participant may elect to commence salary reductions as of
January 1st and July 1st (ENTER AT LEAST ONE DATE OR PERIOD). A
------------------------
Participant may modify the amount of salary reductions as of
once every three months (ENTER AT LEAST ONE DATE OR PERIOD)."
------------------------
2. Effective January 1, 1994, by the substitution of the following for Section
E1(d):
"d. However, for an Employee's first year of participation,
Compensation shall be recognized as of:
1. (X) the first day of the Plan Year.
2. ( ) the date the Participant entered the Plan"
In witness whereof, the Employer hereby causes this amendment to be executed on
this 27th day of September, 1996.
----- -------- -----
Employer: North Valley Bancorp
--------------------------
(enter name)
By: Xxxxxx X. Xxxxxx
---------------------------
Exhibit 10(jj)
