UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) December 29, 2008
MISSION COMMUNITY BANCORP
(Exact name of registrant as specified in its charter)
California | __333-12892____ | 77-0559736 |
(State or other jurisdiction of incorporation or organization) | (Commission File No.) | (I.R.S. Employee Identification No.) |
581 Higuera Street, San Luis Obispo, CA 93401
(Address of principal executive offices)
(Zip code)
(805) 782-5000
(Registrant’s telephone number including area code)
(Former name or former address, if changed since last report) Not applicable
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02(e) | Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On December 29, 2008, Mission Community Bancorp (“Company”), Mission Community Bank (the “Bank”) and Anita M. Robinson, the Company’s President and Chief Executive Officer and the Bank’s Chief Executive Officer, entered into Amendment No. 1 to Second Amended and Restated Employment Agreement.
On December 29, 2008, the Company, the Bank and Brooks W. Wise, the Bank’s President, entered into Amendment No. 1 to Employment Agreement.
On December 29, 2008, Ronald B. Pigeon, the Company and the Bank’s Executive Vice President and Chief Executive Officer entered into Amended and Restated Salary Protection Agreement.
Each of the foregoing agreements was entered into in order to comply with Internal Revenue Code Section 490A requirements, and also, to ensure that the Bank’s benefit plans with respect to its senior executive officers comply with Section 111(b) of the Emergency Economic Stabilization Act of 2008 (“EESA”).
Item 9.01. Financial Statement and Exhibits
.
Exhibit No. | Description | |
10.1 | Amendment No. 1 to Second Amended and Restated Employment Agreement dated December 29, 2008 by and among Mission Community Bancorp, Mission Community Bank, and Anita M. Robinson | |
10.2 | Amendment No. 1 to Employment Agreement dated December 29, 2008 by and among Mission Community Bancorp, Mission Community Bank, and Brooks W. Wise | |
10.3 | Amended and Restated Salary Protection Agreement dated December 29, 2008 by and between Mission Community Bank and Ronald B. Pigeon | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: December 29, 2008 | MISSION COMMUNITY BANCORP |
By: /s/ Anita M. Robinson | |
Anita M. Robinson President and Chief Executive Officer |