Common use of Legal and Tax Advice; Review by Counsel Clause in Contracts

Legal and Tax Advice; Review by Counsel. The Bank has not provided the Participant with advice, warranties or representations regarding any of the legal or tax effects to the Participant with respect to the grant of benefits herein. By accepting this grant and by signing this Agreement, the Participant acknowledges that he is familiar with the terms of the Plan and this Agreement, that he has been encouraged by the Bank to discuss the Plan and this Agreement with his own legal and tax advisers, and that he agrees to be bound by all of the terms and conditions of the Plan and this Agreement. The Participant represents and warrants to the Bank that he has had this Agreement reviewed by independent legal counsel of his choice, or if he has not, that he has had the opportunity to do so, and hereby waives any claim, objection or defense on the grounds that this Agreement has not been reviewed by legal counsel of his choice. By /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇ By /s/ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Participant’s Address: [Intentionally Omitted] Pursuant to the terms of a Salary Continuation Agreement, effective June 1, 2004, between Chino Commercial Bank, N.A. (the “Bank”) and me, I hereby designate the following beneficiary(ies) to receive any payments which may be due and payable by the Bank under such Agreement after my death: Primary Beneficiary: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Contingent Beneficiary: ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ The Primary Beneficiary named above shall be the designated beneficiary referred to in Section 6 of said Agreement if he or she is living at the time death benefit payments become due and payable by the Bank, and the Contingent Beneficiary named above shall be the designated beneficiary referred to in Section 6 of said Agreement only if he or she is living at the time death benefits become due and payable by the Bank and the Primary Beneficiary is not then living. I hereby reserve the right to change said beneficiary(ies) at any time prior to my death by notice to the Bank in accordance with Section 9 of the Agreement. Dated: 12/23/04 /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Witness: /s/ ▇▇▇▇▇ ▇▇▇▇ CHINO COMMERCIAL BANK, NA Split Dollar Agreement THIS AGREEMENT is adopted this 1st day of June, 2004, by and between CHINO COMMERCIAL BANK, NA, located in Chino, California (the “Company”), and ▇▇▇▇▇ ▇▇▇▇▇▇▇ (the “Executive”). This Agreement shall append the Split Dollar Endorsement entered into on even date herewith or as subsequently amended, by and between the aforementioned parties.