Common use of Competition After Termination of Employment Clause in Contracts

Competition After Termination of Employment. The Bank shall not pay any benefit under this Agreement if the Insured, without the prior written consent of the Bank, engages in, becomes interested in, directly or indirectly, as a sole proprietor, as a partner in a partnership, or as a substantial shareholder in a corporation, or becomes associated with, in the capacity of employee, director, officer, principal, agent, trustee or in any other capacity whatsoever, any enterprise conducted in the trading area (a 50 mile radius) of the business of the Bank, which enterprise is, or may deemed to be, competitive with any business carried on by the Bank as of the date of termination of the Insured’s employment or his retirement. This section shall not apply following a Change of Control. Executed at Fresno, California on 12/31/06. BANK: INSURED: CENTRAL VALLEY COMMUNITY BANK XXXXXXX XXXXXXX /s/ Xxxxxxx Xxxxxxx By: /s/ Xxxxxx X. Xxxxx Xxxxxxx Xxxxxxx Name: Xxxxxx X. Xxxxx Title: President and Chief Executive Officer BENEFICIARY DESIGNATION FORM FOR LIFE INSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENT PRIMARY DESIGNATION: Name Address Relationship SECONDARY (CONTINGENT) DESIGNATION: All sums payable under the Life Insurance Endorsement Method Split Dollar Plan Agreement by reason of my death shall be paid to the Primary Beneficiary, if he or she survives me, and if no Primary Beneficiary shall survive me, then to the Secondary (Contingent) Beneficiary. Xxxxxxx Xxxxxxx Date

Competition After Termination of Employment. The Bank shall not pay any benefit under this Agreement if the Insured, without the prior written consent of the Bank, engages in, becomes interested in, directly or indirectly, as a sole proprietor, as a partner in a partnership, or as a substantial shareholder in a corporation, or becomes associated with, in the capacity of employee, director, officer, principal, agent, trustee or in any other capacity whatsoever, any enterprise conducted in the trading area (a 50 mile radius) of the business of the Bank, which enterprise is, or may deemed to be, competitive with any business carried on by the Bank as of the date of termination of the Insured’s employment or his retirement. This section shall not apply following a Change of In Control. Executed at FresnoClovis, California on 12/31/063/1/07. BANK: INSUREDEXECUTIVE: CENTRAL VALLEY COMMUNITY BANK XXXXXXX XXXXXXX /s/ Xxxxxxx Xxxxxxx XXX XXXXXX By: /s/ Xxxxxx X. Xxxxx Xxxxxxx Xxxxxxx /s/ Xxx Xxxxxx Name: Xxxxxx X. Xxxxx Xxx Xxxxxx Title: President and Chief Executive Officer BENEFICIARY DESIGNATION FORM FOR AMENDED LIFE INSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENT PRIMARY DESIGNATION: Name Address Relationship SECONDARY (CONTINGENT) DESIGNATION: All sums payable under the Amended Life Insurance Endorsement Method Split Dollar Plan Agreement by reason of my death shall be paid to the Primary Beneficiary, if he or she survives me, and if no Primary Beneficiary shall survive me, then to the Secondary (Contingent) Beneficiary. Xxxxxxx Xxxxxxx Xxx Xxxxxx Date

Competition After Termination of Employment. The Bank shall not pay any benefit under this Agreement if the Insured, without the prior written consent of the Bank, engages in, becomes interested in, directly or indirectly, as a sole proprietor, as a partner in a partnership, or as a substantial shareholder in a corporation, or becomes associated with, in the capacity of employee, director, officer, principal, agent, trustee or in any other capacity whatsoever, any enterprise conducted in the trading area (a 50 mile radius) of the business of the Bank, which enterprise is, or may deemed to be, competitive with any business carried on by the Bank as of the date of termination of the Insured’s employment or his retirement. This section shall not apply following a Change of In Control. Executed at FresnoClovis, California on 12/31/063/1/07. BANK: INSUREDEXECUTIVE: CENTRAL VALLEY COMMUNITY BANK XXXXX XXXXXXX XXXXXXX /s/ Xxxxxxx Xxxxxxx By: /s/ Xxxxxx X. Xxxxx Xxxxxxx /s/ Xxxxx Xxxxxxx Name: Xxxxxx X. Xxxxx Xxxxx Xxxxxxx Title: President and Chief Executive Officer BENEFICIARY DESIGNATION FORM FOR AMENDED LIFE INSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENT PRIMARY DESIGNATION: Name Address Relationship SECONDARY (CONTINGENT) DESIGNATION: All sums payable under the Amended Life Insurance Endorsement Method Split Dollar Plan Agreement by reason of my death shall be paid to the Primary Beneficiary, if he or she survives me, and if no Primary Beneficiary shall survive me, then to the Secondary (Contingent) Beneficiary. Xxxxxxx Xxxxx Xxxxxxx Date

Competition After Termination of Employment. The Bank shall not pay any benefit under this Agreement if the Insured, without the prior written consent of the Bank, engages in, becomes interested in, directly or indirectly, as a sole proprietor, as a partner in a partnership, or as a substantial shareholder in a corporation, or becomes associated with, in the capacity of employee, director, officer, principal, agent, trustee or in any other capacity whatsoever, any enterprise conducted in the trading area (a 50 mile radius) of the business of the Bank, which enterprise is, or may deemed to be, competitive with any business carried on by the Bank as of the date of termination of the Insured’s employment or his retirement. This section shall not apply following a Change of Control. Executed at Fresno, California on 12/31/067/21/2011. BANK: INSURED: CENTRAL VALLEY COMMUNITY BANK XXXXXXX XXXXXXX /s/ Xxxxxxx Xxxxxxx By: /s/ XXXXXX X. XXXXX /s/Xxxxxx X. Xxxxx Xxxxxxx Xxxxxxx By: /s/Xxxxxx X. Xxxxxxxxxx Xxxxxx X. Xxxxx Name: Xxxxxx X. Xxxxx Xxxxxxxxxx Title: President and Chief Executive Officer Chairman of the Board BENEFICIARY DESIGNATION FORM FOR LIFE INSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENT PRIMARY DESIGNATION: Name Address Relationship SECONDARY (CONTINGENT) DESIGNATION: All sums payable under the Life Insurance Endorsement Method Split Dollar Plan Agreement by reason of my death shall be paid to the Primary Beneficiary, if he or she survives me, and if no Primary Beneficiary shall survive me, then to the Secondary (Contingent) Beneficiary. Xxxxxxx Xxxxxxx Xxxxxx X. Xxxxx Date

Competition After Termination of Employment. The Bank shall not pay any benefit under this Agreement if the Insured, without the prior written consent of the Bank, engages in, becomes interested in, directly or indirectly, as a sole proprietor, as a partner in a partnership, or as a substantial shareholder in a corporation, or becomes associated with, in the capacity of employee, director, officer, principal, agent, trustee or in any other capacity whatsoever, any enterprise conducted in the trading area (a 50 mile radius) of the business of the Bank, which enterprise is, or may deemed to be, competitive with any business carried on by the Bank as of the date of termination of the Insured’s employment or his retirement. This section shall not apply following a Change of In Control. Executed at FresnoClovis, California on 12/31/063/1/07. BANK: INSUREDEXECUTIVE: CENTRAL VALLEY COMMUNITY BANK XXXXXXX XXXXXXX /s/ Xxxxxxx Xxxxxxx XXXX XXXXXXXXXXX By: /s/ Xxxxxx X. Xxxxx Xxxxxxx Xxxxxxx /s/ Xxxx Xxxxxxxxxxx Name: Xxxxxx X. Xxxxx Xxxx Xxxxxxxxxxx Title: President and Chief Executive Officer BENEFICIARY DESIGNATION FORM FOR AMENDED LIFE INSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENT PRIMARY DESIGNATION: Name Address Relationship SECONDARY (CONTINGENT) DESIGNATION: All sums payable under the Amended Life Insurance Endorsement Method Split Dollar Plan Agreement by reason of my death shall be paid to the Primary Beneficiary, if he or she survives me, and if no Primary Beneficiary shall survive me, then to the Secondary (Contingent) Beneficiary. Xxxxxxx Xxxxxxx Xxxx Xxxxxxxxxxx Date

Competition After Termination of Employment. The Bank shall not pay any benefit under this Agreement if the Insured, without the prior written consent of the Bank, engages in, becomes interested in, directly or indirectly, as a sole proprietor, as a partner in a partnership, or as a substantial shareholder in a corporation, or becomes associated with, in the capacity of employee, director, officer, principal, agent, trustee or in any other capacity whatsoever, any enterprise conducted in the trading area (a 50 mile radius) of the business of the Bank, which enterprise is, or may deemed to be, competitive with any business carried on by the Bank as of the date of termination of the Insured’s employment or his retirement. This section shall not apply following a Change of Control. Executed at Fresno, California on 12/31/06. BANK: INSURED: CENTRAL VALLEY COMMUNITY BANK XXXXXXX XXXXXXX XXXXXX X. XXXXX /s/ Xxxxxxx Xxxxxxx Xxxxxx X. Xxxxx By: /s/ Xxxxxx X. Xxxxxxxxxx Xxxxxx X. Xxxxx Xxxxxxx Xxxxxxx Name: Xxxxxx X. Xxxxx Xxxxxxxxxx Title: President and Chief Executive Officer Chairman BENEFICIARY DESIGNATION FORM FOR LIFE INSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENT PRIMARY DESIGNATION: Name Address Relationship SECONDARY (CONTINGENT) DESIGNATION: All sums payable under the Life Insurance Endorsement Method Split Dollar Plan Agreement by reason of my death shall be paid to the Primary Beneficiary, if he or she survives me, and if no Primary Beneficiary shall survive me, then to the Secondary (Contingent) Beneficiary. Xxxxxxx Xxxxxxx Xxxxxx X. Xxxxx Date