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Exhibit 10.2.1
AMENDMENT NO. 1
TO THE
CATHAY BANK
EMPLOYEE STOCK OWNERSHIP PLAN
Cathay General Bancorp (the "Company") hereby amends the above-named plan
(the "Plan"), effective as of August 1, 2016, as follows:
1. Section 6.1 (b) of the Plan is hereby amended by deleting the reference to "$5,000" where it appears and replacing it with "$1,000."
2. Section 6.2(a)(ii)(B) of the Plan is hereby amended by deleting the reference to "$5,000" where it appears and replacing it with "$1 ,000."
3. Section 6.7 of the Plan is hereby deleted in its entirety.
4. Section 9.4(c) of the Plan is hereby amended by deleting the reference to "$5,000" where it appears and replacing it with "$1,000."
* * * * * * * *
The Company has caused this Amendment No. 1 to be signed on the date indicated below, to be effective as indicated above.
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Dated: August 18, 2016 | CATHAY GENERAL BANCORP | ||
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| By | /s/ Dunson K. Cheng |
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| Its | Chairman, CEO and President |
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