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- 10-Q Quarterly report
- 10.1 Amendment to Employment Agreement Between the Registrant and David E. Hooston
- 10.2 Amendment to Employment Agreement Between the Registrant and Randall E. Reynoso
- 10.3 Amendment to Employment Agreement Between the Registrant and Angelee J. Harris
- 10.4 Amendment to Employment Agreement Between the Registrant and Kevin J. Barri
- 10.5 Amendment to Employment Agreement, Placer Sierra Bank and Ken E. Johnson
- 10.6 Amendment to Employment Agreement, Placer Sierra Bank and Marshall V. Laitsch
- 10.7 Amendment to Employment Agreement, Placer Sierra Bank and Thomas D. Nations
- 10.8 Description of Reimbursement
- 10.9 Settlement Agreement and Global Amendment to Agreement
- 31.1 Certification of Chief Executive Officer Under Section 302
- 31.2 Certification of Chief Financial Officer Under Section 302
- 32.1 Certification of Chief Executive Officer Under Section 906
- 32.2 Certification of Chief Financial Officer Under Section 906
- 99.1 Risk Factor
Exhibit 10.8
Description of reimbursement of certain tax costs for directors William B. Slaton and Dwayne A. Shackelford
On March 29, 2007, the Board of Directors of Placer Sierra Bancshares (the “Company”) adopted resolutions to reimburse fees and additional taxes imposed for the taxability of health care costs provided to two of its outside directors William B. Slaton and Dwayne A. Shackelford. Mr. Slaton has been receiving benefits since 2003 and Mr. Shackelford began receiving the benefits in 2006. Since 2003, when the benefits were offered, health care costs paid by the Company for its outside directors have not been reported as taxable income to these outside directors. The Company has since determined that the health benefits are taxable to the outside directors. The Board adopted a resolution for the Company to pay these directors a one-time fee to cover the taxes and additional costs that will be incurred to file amended tax returns in the following amounts: (1) William B. Slaton—$10,000, and (2) Dwayne A. Shackelford—$2,000.