EX-10.6
West Coast Community Bancorp
INDEMNIFICATION AGREEMENT
This Indemnification Agreement, dated as of , 2025, is made by and among West Coast Community Bancorp, a California corporation, West Coast Community Bank, a California banking corporation (West Coast Community Bancorp and West Coast Community Bank being collectively referred to as the “Corporation”), and a director or officer of either West Coast Community Bancorp or West Coast Community Bank (the “Indemnitee”).
RECITALS
A. The Corporation and the Indemnitee recognize that the present state of the law is too uncertain to provide the Corporation’s officers and directors with adequate and reliable advance knowledge or guidance with respect to the legal risks and potential liabilities to which they may become personally exposed as a result of performing their duties for the Corporation;
B. The Corporation and the Indemnitee are aware of the substantial growth in the number of lawsuits filed against corporate officers and directors in connection with their activities in such capacities and by reason of their status as such;
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