Exhibit 10.1
AMENDMENT NO. 1 TO REVOLVING CREDIT
AGREEMENT
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THIS AMENDMENT NO.
1 TO REVOLVING CREDIT AGREEMENT, dated as of
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, 2008,amends
the
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Revolving Credit
Agreement dated as of August 2, 2007 (the “Credit
Agreement”), between CoBiz Financial, Inc., a Colorado
corporation (the “Borrower”), and U.S. Bank National
Association (the “Lender”).
RECITAL
The Borrower and
the Lender desire to amend the Credit Agreement as provided
below.
AGREEMENTS
In consideration
of the promises and agreements contained in the Credit Agreement,
as amended hereby, the Borrower and the Lender agree as
follows:
1.
Definitions and References . Capitalized terms not
otherwise defined herein have the meanings ascribed to them in the
Credit Agreement. Upon the execution and delivery of this
Amendment No. 1 to Revolving Credit Agreement
(“Amendment No. 1”) by the Borrower and the
Lender, each reference to the Credit Agreement contained in the
Credit Agreement, the Note or any other document relating thereto
means the Credit Agreement as amended by this Amendment
No. 1.
2.
Amendment to Credit Agreement .
Section 5.4(c) of the Credit Agreement is amended to read
as follows:
(c)
Return on Average Assets . Borrower’s
consolidated net income shall
