Exhibit 10.1
NOTICE OF EXTENSION OF TERM OF EMPLOYMENT AGREEMENT
To: | Ronald W. Bachli | |
From: | Board of Directors, Placer Sierra Bancshares | |
Date: | October 28, 2005 |
This is to notify you that Placer Sierra Bancshares (the “Company”) hereby notifies you that the Company has exercised its right to extend the term of your employment through December 31, 2008, pursuant to paragraph 1 of the Employment Agreement between you and Company, dated January 1, 2003.
“COMPANY” PLACER SIERRA BANCSHARES | ||
By: | /s/ Robert J. Kushner | |
Robert J. Kushner | ||
Chairman of the Compensation Committee of the Board of Directors |