This excerpt taken from the CACB DEF 14A filed Mar 11, 2008.
Deferred Compensation Agreements. The Bank has DCAs in place for the NEOs. DCAs are very common within the industry and eighty-eight percent (88%) of the Peer Group currently utilize deferred compensation plans. The Bank has established a deferral account for the NEOs on its books, which collects the annual deferral and interest. The deferral account is solely used as a measuring device, and the NEO is a general unsecured creditor of the Bank regarding the payment of benefits. The DCA also provides payouts in the event of the following terminations: early retirement, disability, change of control, financial hardship, and death.
The table below summarizes the terms of the DCAs in place for each of the NEOs.