CHANGE IN CONTROL SEVERANCE AGREEMENTChange in Control Severance Agreement • February 24th, 2006 • Itla Capital Corp • Savings institutions, not federally chartered • California
THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (the "Agreement") is made and entered into as of this 1st day of February, 2006, by and between ITLA Capital Corporation (the "Company"), and Norval L. Bruce (the "Employee").
ContractNon-Competition and Non-Solicitation Agreement • February 24th, 2006 • Itla Capital Corp • Savings institutions, not federally chartered
NON-COMPETITION AND NON-SOLICITATION AGREEMENT This Non-Competition and Non-Solicitation Agreement (this "Agreement") is made and entered into this 24th day of February, 2006 (but effective as of January 1, 2006) by and between ITLA Capital Corporation (the "Company") and George W. Haligowski, Jr. (the "Executive"). WHEREAS, the Executive has served as the Chief Executive Officer and Chairman of the Board of Directors of the Company since its inception and of Imperial Capital Bank ("Imperial"), the Company's banking subsidiary, since July, 1992; WHEREAS, the Executive has a significant ownership position in the Company by virtue of his ownership of shares and options to acquire shares; WHEREAS, the Executive stands to derive significant economic benefit from a Change in Control (as hereinafter defined) by virtue of his ownership of a significant number of shares, and options to acquire a significant number of shares, of the Company; WHEREAS, the Executive has during hi
ContractEmployment Agreement • February 24th, 2006 • Itla Capital Corp • Savings institutions, not federally chartered • California
AMENDED AND RESTATED EMPLOYMENT AGREEMENT THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this "Agreement") is made and entered into this 24th day of February, 2006 (but effective as of January 1, 2006), by and between ITLA Capital Corporation (the "Company") and its subsidiaries and affiliates, including but not limited to Imperial Capital Bank, formerly known as Imperial Thrift and Loan Association ("Imperial") and George W. Haligowski (the "Executive"). WHEREAS, the Executive has served as the Chief Executive Officer and Chairman of the Board of Directors of the Company since its inception and of Imperial since July, 1992; WHEREAS, the Executive has an employment agreement with the Company dated January 28, 2000 (the "Original Employment Agreement"); WHEREAS, the Compensation Committee (the "Compensation Committee") of the Board of Directors of the Company (the "Board of Directors") believes it is in the best interest of the Company and its subsidiaries to amend and rest
