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<TITLE>Form S-8</TITLE>
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<P align="right"><FONT size="2">As filed with the Securities and
Exchange Commission on February&nbsp;5, 2003<BR>
Registration No.&nbsp;333-__________</FONT>

<P align="center"><FONT size="4"><B>SECURITIES AND EXCHANGE COMMISSION</B></FONT><BR>
<FONT size="3">Washington, D.C. 20549</FONT>

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<P align="center"><FONT size="5"><B>Form&nbsp;S-8</B></FONT><BR>
<FONT size="3"><B>REGISTRATION STATEMENT<BR>
Under<BR>
THE SECURITIES ACT OF 1933</B></FONT>

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<P align="center"><FONT size="6">NARA BANCORP, INC.</FONT><BR>
<FONT size="2">(Exact name of registrant as specified in its charter)</FONT>
</p>

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    <TD width="51%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="44%">&nbsp;</TD>
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    <TD align="center" valign="top"><FONT size="2"><B>Delaware</B></FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
<B>95-4170121</B></FONT></TD>
</TR>

<TR valign="bottom">
    <TD align="center" valign="top"><FONT size="2">(State of Incorporation or Organization)</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="center" valign="top"><FONT size="2">
(I.R.S. Employer Identification No.)</FONT></TD>
</TR>
</TABLE>
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<P align="center"><FONT size="2"><B>3701 Wilshire Boulevard, Suite&nbsp;220<BR>
Los Angeles, California 90010</B><BR>
(Address of Principal Executive Offices)</FONT>

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<P align="center"><FONT size="2"><B>NARA BANK 2002 STOCK OPTION AGREEMENT &#151; WILLIAM DAVIS<BR>
NARA BANK 2002 STOCK OPTION AGREEMENT &#151; MICHEL URICH</B><BR>
(Full title of the plan)</FONT>

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<P align="center"><FONT size="2">Benjamin B. Hong<BR>
President and Chief Executive Officer<BR>
NARA BANCORP, INC.<BR>
3701 Wilshire Boulevard, Suite&nbsp;220<BR>
Los Angeles, California 90010<BR>
(213)&nbsp;639-1700<BR>
(Name, address, including zip code, and telephone number, including area code, of agent for service)</FONT>

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<P align="center"><FONT size="2"><I>Copies to</I>:<BR>
Nancy H. Wojtas, Esq.<BR>
COOLEY GODWARD LLP<BR>
5 Palo Alto Square<BR>
3000 El Camino Real<BR>
Palo Alto, California 94306<BR>
(650)&nbsp;843-5000</FONT>

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<P align="center"><FONT size="2"><B>CALCULATION OF REGISTRATION FEE</B></FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Proposed Maximum</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Proposed Maximum</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Title of Securities</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Amount to be</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Offering</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Aggregate Offering</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Amount of</B></FONT></TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>to be Registered</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Registered(1)</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Price per Share(2)</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Price(2)</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Registration Fee</B></FONT></TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD colspan="3"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD colspan="3"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD colspan="3"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD colspan="3"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2"><B>Stock Options and
Common Stock<br>(par value $.001 per
share)</B></FONT></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD colspan="3" align="center"><FONT size="2"><B>20,000 shares</B></FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2"><B>$</B></FONT></TD>
    <TD align="right"><FONT size="2"><B>22.04</B></FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2"><B>$</B></FONT></TD>
    <TD align="right"><FONT size="2"><B>440,800.00</B></FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2"><B>$</B></FONT></TD>
    <TD align="right"><FONT size="2"><B>40.55</B></FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
</TABLE>
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<P align="center"><FONT size="2">&nbsp;</FONT>
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

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<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">(1)</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">In addition, pursuant to Rule&nbsp;416(a) under the Securities Act of 1933, as
amended (the &#147;Securities Act&#148;), this registration statement shall also
cover any additional shares of the common stock of Nara Bancorp, Inc. (the
&#147;Company&#148;) that become issuable under the Nara Bank 2002 Stock Option
Agreements with each of William Davis and Michel Urich, by reason of any
stock dividend, stock split, recapitalization or other similar transaction
effected without the Company&#146;s receipt of consideration that results in an
increase in the number of the Company&#146;s outstanding shares of common
stock.</FONT></TD>
</TR>
<TR>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
    <TD width="1%" align="left" nowrap><FONT size="2">(2)</FONT></TD>
    <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
    <TD width="96%"><FONT size="2">Estimated solely for the purpose of calculating the amount of the
registration fee pursuant to Rule&nbsp;457(c) and (h)(1) under the Securities
Act. The offering price per share and aggregate offering price for the
unissued stock options and common stock are based upon the average of the
high and low prices of the Company&#146;s common stock on January&nbsp;30, 2003, as
reported on the Nasdaq National Market. The following chart illustrates
the calculation of the registration fee:</FONT></TD>
</TR>
</TABLE>
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<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
    <TD width="51%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="4%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="8%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Offering Price per</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Aggregate Offering</B></FONT></TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Securities</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Number of Shares</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Share</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center" colspan="3"><FONT size="1"><B>Price</B></FONT></TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD colspan="3"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD colspan="3"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD colspan="3"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom" bgcolor="#eeeeee">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Common stock available
for issuance under the
Nara Bank 2002 Stock
Option Agreement with
William Davis</FONT></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">10,000</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">$</FONT></TD>
    <TD align="right"><FONT size="2">22.04</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">$</FONT></TD>
    <TD align="right"><FONT size="2">220,400.00</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Common stock available
for issuance under the
Nara Bank 2002 Stock
Option Agreement with
Michel Urich</FONT></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">10,000</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">$</FONT></TD>
    <TD align="right"><FONT size="2">22.04</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">$</FONT></TD>
    <TD align="right"><FONT size="2">220,400.00</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR>
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">&nbsp;</FONT></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><HR size="1" noshade></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><HR size="1" noshade></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom" bgcolor="#eeeeee">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Total</FONT></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">20,000</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">$</FONT></TD>
    <TD align="right"><FONT size="2">440,800.00</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Registration Fee (.000092)</FONT></DIV></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="right"><FONT size="2">$</FONT></TD>
    <TD align="right"><FONT size="2">40.55</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="center"><FONT size="2"><B>Approximate date of commencement of proposed sale to the public</B>:<BR>
as soon as practicable after this Registration Statement becomes effective.
</FONT>
<P align="center"><FONT size="2">2.</FONT>
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<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

<P><CENTER>
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	<TD width="76%"></TD>
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<TR><TD colspan="9"><A HREF="#000">PART II<BR> INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#001">Item&nbsp;3. Incorporation of Documents by Reference</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#002">Item&nbsp;4. Description of Securities</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#003">Item&nbsp;5. Interests of Named Experts and Counsel</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#004">Item&nbsp;6. Indemnification of Directors and Officers</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#005">Item&nbsp;7. Exemption from Registration Claimed</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#006">Item&nbsp;8. Exhibits</A></TD></TR>
<TR><TD></TD><TD colspan="8"><A HREF="#007">Item&nbsp;9. Undertakings</A></TD></TR>
<TR><TD colspan="9"><A HREF="#008">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#009">POWER OF ATTORNEY</A></TD></TR>
<TR><TD colspan="9"><A HREF="#010">EXHIBIT INDEX</A></TD></TR>
<TR><TD colspan="9"><A HREF="f87349orexv3w3.txt">EXHIBIT 3.3</A></TD></TR>
<TR><TD colspan="9"><A HREF="f87349orexv5w1.txt">EXHIBIT 5.1</A></TD></TR>
<TR><TD colspan="9"><A HREF="f87349orexv23w1.txt">EXHIBIT 23.1</A></TD></TR>
<TR><TD colspan="9"><A HREF="f87349orexv99w1.txt">EXHIBIT 99.1</A></TD></TR>
</TABLE>
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>




<!-- link1 "PART II<BR> INFORMATION REQUIRED IN THE REGISTRATION STATEMENT" -->
<DIV align="left"><A NAME="000"></A></DIV>
<P align="center"><FONT size="2"><B>PART II<BR>
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B></FONT>

<!-- link2 "Item&nbsp;3. Incorporation of Documents by Reference" -->
<DIV align="left"><A NAME="001"></A></DIV>
<P align="left"><FONT size="2"><B>Item&nbsp;3. Incorporation of Documents by Reference</B></FONT>

<P align="left"><FONT size="2">The following documents filed by Nara Bancorp, Inc. (the &#147;Registrant&#148;) with the
Securities and Exchange Commission (the &#147;Commission&#148;) are incorporated in this
Registration Statement on Form&nbsp;S-8 (this &#147;Registration Statement&#148;) by
reference:
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#146;s Annual Report on Form&nbsp;10-K for the year ended December
31, 2001, filed with the Commission on April&nbsp;1, 2002 (&#147;Form&nbsp;10-K&#148;), as amended
by Amendment No.&nbsp;1 to Form&nbsp;10-K, filed with the Commission on April&nbsp;30, 2002.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#146;s Definitive Proxy Statement on Schedule&nbsp;14A, filed with
the Commission on May&nbsp;7, 2002.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#146;s Quarterly Reports on Forms 10-Q, for the quarters
ended March&nbsp;31, June&nbsp;30 and September&nbsp;30, 2002, respectively, filed with the
Commission on May&nbsp;15, August&nbsp;14 and November&nbsp;14, 2002, respectively.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#146;s Current Reports on Form&nbsp;8-K, filed with the Commission
on September&nbsp;26, 2002 and January&nbsp;28, 2003, respectively.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All other documents filed by the Registrant pursuant to Section&nbsp;13(a),
13(c), 14 or 15(d) of the Exchange Act subsequent to the date of this
Registration Statement and prior to the filing of a post-effective amendment
which indicate that all securities offered have been sold or which deregisters
all securities then remaining unsold shall be deemed to be incorporated by
reference in this Registration Statement and to be a part hereof from the date
of filing of such documents.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any statement made in a document incorporated or deemed to be incorporated
by reference herein shall be deemed to be modified or superseded for purposes
of this Registration Statement to the extent that a statement contained herein
or in any other subsequently filed document which is also incorporated or
deemed to be incorporated by reference herein modifies or supersedes such
statement. Any such statement so modified or superseded shall not be deemed,
except as so modified or superseded, to constitute a part of this Registration
Statement.
</FONT>
<!-- link2 "Item&nbsp;4. Description of Securities" -->
<DIV align="left"><A NAME="002"></A></DIV>
<P align="left"><FONT size="2"><B>Item&nbsp;4. Description of Securities</B></FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#146;s certificate of incorporation, as amended, authorizes the
issuance of up to 20,000,000 shares of the Registrant&#146;s common stock, $0.001
par value per share. Currently, the Registrant has approximately 5,545,928
shares of common stock outstanding. The Registrant&#146;s certificate of
incorporation does not provide for any other class of stock.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#146;s common stock has no preemptive, conversion or redemption
rights or sinking fund provisions and all of the issued and outstanding shares
of the Registrant&#146;s common stock are fully paid and nonassessable. The
Registrant is empowered by Delaware law to buy its shares of stock from its
stockholders at the mutual accord of the stockholder and the Registrant.
</FONT>
<P align="center"><FONT size="2">3.</FONT>
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<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Holders of the Registrant&#146;s common stock are entitled to one vote, in
person or by proxy, for each share of the Registrant&#146;s common stock held of
record in the stockholder&#146;s name on the books of the Registrant as of the
record date on any matter submitted to the vote of the stockholders. Cumulative
voting in the election of directors is not available to stockholders of the
Registrant. Each share of the Registrant&#146;s common stock has the same rights,
privileges and preferences as every other share and will share equally in the
Registrant&#146;s net assets upon liquidation or dissolution after satisfaction of
liabilities.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#146;s stockholders are entitled to dividends when, and if,
declared by the Registrant&#146;s board of directors out of funds legally available
therefor, and after satisfaction of the prior rights of holders of outstanding
preferred stock, if any (subject to certain restrictions on payment of
dividends imposed by the laws of Delaware).
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#146;s bylaws, as amended, provide that a special meeting of the
stockholders may be called by, among others, a holder or holders of 10% or more
of the outstanding stock of the Registrant. The Registrant&#146;s bylaws also
provide that any action that is required or permitted to be taken by
stockholders at an annual or special meeting may be taken by a written consent
without a meeting, if the holders of outstanding stock having not less than the
minimum number of votes that would be necessary to authorize or take such
action at a meeting at which all shares entitled to vote were present and
voted, signed the consent.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant is covered by the anti-takeover provisions in Delaware law,
which may discourage a future takeover attempt in which stockholders might
receive a premium for their shares over the then-current market price and may
make removal of incumbent management more difficult.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Delaware General Corporation Law provides that buyers who acquire more
than 15% of the outstanding stock of a Delaware corporation, such as the
Registrant, are prohibited from completing a hostile takeover of such
corporation for three years. However, the takeover can be completed if: (i)
the buyer, while acquiring the 15% interest, acquires at least 85% of the
corporation&#146;s outstanding stock (the 85% requirement excludes shares held by
directors who are also officers and certain shares held under employee stock
plans), or (ii)&nbsp;the takeover is approved by the target corporation&#146;s board of
directors and two-thirds of the shares of outstanding stock of the corporation
(excluding shares held by the bidder). The Registrant is governed by this
provision of the Delaware General Corporation Law.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain provisions of the Registrant&#146;s bylaws will impede changes in
majority control of the Registrant&#146;s board of directors. The Registrant&#146;s
bylaws provide that:
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the size of the board of directors may be increased or decreased either
by a majority vote of the whole board or a majority vote of the outstanding
capital stock entitled to vote;
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any vacancy occurring in the board of directors, including a vacancy
created by an increase in the number of directors, shall be filled for the
remainder of the unexpired term by a majority vote of the directors then in
office;
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a director, in general, may only be removed by the affirmative vote of
a majority of the shares eligible to vote; and
</FONT>
<P align="center"><FONT size="2">4.</FONT>
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<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;nominations for election to the board of directors may be made by the
board of directors or by any stockholder of any outstanding capital stock of
the Registrant entitled to vote for the election of directors.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nominations, other than those made by or on behalf of the management of
the Registrant, must be made in writing and be delivered or mailed to the
president of the Registrant not less than 14&nbsp;days nor more than 50&nbsp;days prior
to any meeting of stockholders called for the election of directors. If less
than 21&nbsp;days&#146; notice of the meeting is given to the stockholders, these
nominations shall be mailed or delivered to the president of the Registrant
before the close of business on the seventh day following the day on which the
notice of meeting was mailed. This notification shall contain the name and
address of each proposed nominee, the principal occupation of each proposed
nominee, the total number of shares of capital stock of the Registrant owned by
each proposed nominee, the name and address of the notifying stockholder and
the number of shares of capital stock of the Registrant owned by the notifying
stockholder. Nominations not made in accordance with these procedures may be
disregarded by the chairman of the meeting, and upon his instructions, the vote
tellers may disregard all votes cast for each such nominee.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amendments to the Registrant&#146;s certificate of incorporation require the
approval of a majority vote of the Registrant&#146;s board of directors and also by
a majority of the outstanding shares of the Registrant&#146;s voting stock. The
Registrant&#146;s bylaws may be amended by a majority vote of the board of directors
or the affirmative vote of a majority of the total votes eligible to be voted
at a duly constituted meeting of stockholders.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant is authorized to issue common stock from time to time under
its certificate of incorporation. In the event of a proposed merger, tender
offer or other attempt to gain control of the Registrant that the board of
directors does not approve, it might be possible for the board of directors to
authorize the issuance of shares of common stock that would impede the
completion of such a transaction. An effect of the possible issuance of common
stock, therefore, may be to deter a future takeover attempt.
</FONT>
<!-- link2 "Item&nbsp;5. Interests of Named Experts and Counsel" -->
<DIV align="left"><A NAME="003"></A></DIV>
<P align="left"><FONT size="2"><B>Item&nbsp;5. Interests of Named Experts and Counsel</B></FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.
</FONT>
<!-- link2 "Item&nbsp;6. Indemnification of Directors and Officers" -->
<DIV align="left"><A NAME="004"></A></DIV>
<P align="left"><FONT size="2"><B>Item&nbsp;6. Indemnification of Directors and Officers</B></FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant&#146;s certificate of incorporation, as amended, provides that
its directors and officers shall be indemnified to the fullest extent
permissible under Delaware law. The certificate of incorporation also provides
that a director shall not be liable to the Registrant or its stockholders for
monetary damages for breach of fiduciary duty as a director. The Registrant&#146;s
bylaws provide that the Registrant shall indemnify any director, officer,
employee or agent of the Registrant for reasonable expenses actually incurred
in connection with any proceeding to which he or she was made a party by reason
of his or her having served the Registrant as a director, officer, employee or
agent; provided, that no person shall be indemnified if found liable to the
Registrant as a result of an action or suit by or in the right of the
Registrant, and that any indemnification amount shall be approved by a majority
of the board of directors who were not parties to the action or suit, or by the
stockholders.
</FONT>
<P align="center"><FONT size="2">5.</FONT>
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<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;102(b) of the Delaware General Corporation Law authorizes a
corporation to provide in its certificate of incorporation that a director of
the corporation shall not be personally liable to corporation or its stockholders for monetary damages for breach
or alleged breach of the director&#146;s &#147;duty of care.&#148; While this statute does not
change directors&#146; duty of care, it enables corporations to limit available
relief to equitable remedies such as injunction or rescission. The statute has
no effect on a director&#146;s duty of loyalty or liability for acts or omissions
not in good faith or involving intentional misconduct or knowing violations of
law, illegal payment of dividends or stock redemptions or repurchases, or for
any transaction from which the director derives an improper personal benefit.
As permitted by the statute, the Registrant has adopted provisions in its
certificate of incorporation which eliminate to the fullest extent permissible
under Delaware law the personal liability of its directors to the Registrant
and its stockholders for monetary damages for breach or alleged breach of their
duty of care.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;145 of the Delaware General Corporation Law provides for the
indemnification of officers, directors, employees and agents of a corporation.
The Registrant&#146;s bylaws provide for indemnification of its directors, officers,
employees and agents to the fullest extent permitted under Delaware law,
including those circumstances in which indemnification would otherwise be
discretionary under Delaware law. The Registrant&#146;s bylaws also empower it to
enter into indemnification agreements with its directors and officers and to
purchase insurance on behalf of any person whom it is required or permitted to
indemnify. The Registrant has entered into agreements with its directors and
certain of its executive officers that require the Registrant to indemnify such
persons to the fullest extent permitted under Delaware law against expenses,
judgments, fines, settlements and other amounts actually and reasonably
incurred (including expenses of a derivative action) in connection with any
proceeding, whether actual or threatened, to which any such person may be made
a party by reason of the fact that such person is or was a director or an
executive officer of the Registrant or any of its affiliated enterprises. The
indemnification agreements also set forth certain procedures that will apply in
the event of a claim for indemnification thereunder.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;145 of the Delaware General Corporation Law provides for
indemnification in terms sufficiently broad to indemnify such individuals,
under certain circumstances, for liabilities (including reimbursement of
expenses incurred) arising under the Securities Act.
</FONT>
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<DIV align="left"><A NAME="005"></A></DIV>
<P align="left"><FONT size="2"><B>Item&nbsp;7. Exemption from Registration Claimed</B></FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.
</FONT>
<!-- link2 "Item&nbsp;8. Exhibits" -->
<DIV align="left"><A NAME="006"></A></DIV>
<P align="left"><FONT size="2"><B>Item&nbsp;8. Exhibits</B></FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="65%">
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="87%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Exhibit Number</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Exhibit Description</B></FONT></TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">3.3</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Certificate of Amendment to the Registrant&#146;s Certificate of
Incorporation, as filed with the Secretary of State of the
State of Delaware on May&nbsp;31, 2002</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">5.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Opinion of Cooley Godward LLP</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Consent of Deloitte &#038; Touche, LLP, Independent Auditors</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Consent of Cooley Godward LLP is contained in Exhibit&nbsp;5.1
to this Registration Statement</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">24.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Power of Attorney is contained on the signature page to
this Registration</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="center"><FONT size="2">6.</FONT>
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<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="65%">
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="87%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Exhibit Number</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Exhibit Description</B></FONT></TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Statement</FONT></TD>
</TR>


<TR valign="bottom">
    <TD valign="top"><FONT size="2">99.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Form of Nara Bank 2002 Stock Option Agreement</FONT></TD>
</TR>
</TABLE>
</CENTER>
<!-- link2 "Item&nbsp;9. Undertakings" -->
<DIV align="left"><A NAME="007"></A></DIV>
<P align="left"><FONT size="2"><B>Item&nbsp;9. Undertakings</B></FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned registrant hereby undertakes:
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a. To file, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement:
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;To include any prospectus required by Section&nbsp;10(a)(3) of the
Securities Act;
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;To reflect in the prospectus any facts or events arising after the
effective date of the registration statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a
fundamental change in the information set forth in the registration statement.
Notwithstanding the foregoing, any increase or decrease in volume of securities
offered (if the total dollar value of securities offered would not exceed that
which was registered) and any deviation from the low or high end of the
estimated maximum offering range may be reflected in the form of prospectus
filed with the Commission pursuant to Rule&nbsp;424(b) if, in the aggregate, the
changes in volume and price represent no more than a 20% change in the maximum
aggregate offering price set forth in the &#147;Calculation of Registration Fee&#148;
table in the effective registration statement.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;To include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any
material change to such information in the registration statement;
</FONT>

<P align="left"><FONT size="2"><I>provided, however</I>, that paragraphs (a)(i) and (a)(ii) do not apply if the
information required to be included in a post-effective amendment by those
paragraphs is contained in periodic reports filed by the registrant pursuant to
Section&nbsp;13 or Section&nbsp;15(d) of the Exchange Act that are incorporated by
reference herein.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b. That, for the purpose of determining any liability under the Securities
Act, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered herein, and the
offering of such securities at that time shall be deemed to be the initial <I>bona
fide </I>offering thereof.
</FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c. To remove from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the termination of
the offering.
</FONT>

<P align="left"><FONT size="2">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the
registrant&#146;s annual report pursuant to Section&nbsp;13(a) or Section&nbsp;15(d) of the
Exchange Act (and, where applicable, each filing of an employee benefit plan&#146;s
annual report pursuant to Section&nbsp;15(d) of the Exchange Act) that is
incorporated by reference in the registration statement shall be deemed to be a
new registration statement relating to the securities offered herein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.
</FONT>
<P align="left"><FONT size="2">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar as indemnification for liabilities arising under the Securities Act
may be permitted to directors, officers and controlling persons of the
registrant pursuant to the foregoing
</FONT>
<P align="center"><FONT size="2">7.</FONT>
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<P align="left"><FONT size="2">provisions, or otherwise, the registrant
has been advised that in the opinion of the Commission such indemnification is
against public policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification against such
liabilities (other than the payment by the registrant of expenses incurred or
paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the
Securities Act and will be governed by the final adjudication of such issue.
</FONT>
<P align="center"><FONT size="2">8.</FONT>
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<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="008"></A></DIV>
<P align="center"><FONT size="2"><B>SIGNATURES</B></FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended,
the Registrant certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form&nbsp;S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Los Angeles, State of California, on February
5, 2003.
</FONT>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="75%">
<TR valign="bottom">
    <TD width="54%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="33%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD colspan="3" valign="top" align="left"><FONT size="2"><B>NARA BANCORP, INC.</B></FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
By:
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">/s/ Benjamin Hong</FONT></TD>
</TR>
<TR>
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">Benjamin Hong</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">President and Chief Executive Officer</FONT></TD>
</TR>
</TABLE>
</CENTER>
<!-- link1 "POWER OF ATTORNEY" -->
<DIV align="left"><A NAME="009"></A></DIV>
<P align="center"><FONT size="2"><B>POWER OF ATTORNEY</B></FONT>

<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints Benjamin Hong and Bon T. Goo, and each
or any one of them, his or her true and lawful attorney-in-fact and agent, with
full power of substitution and resubstitution, for him or her and in his or her
name, place and stead, in any and all capacities, to sign any and all
amendments (including post-effective amendments) to this Registration
Statement, and to file the same, with all exhibits thereto, and other documents
in connection therewith, with the Securities and Exchange Commission, granting
unto said attorneys-in-fact and agents, and each of them, full power and
authority to do and perform each and every act and thing requisite and
necessary to be done in connection therewith, as fully to all intents and
purposes as he or she might or could do in person, hereby ratifying and
confirming all that said attorneys-in-fact and agents, or any of them, or
their, his, or her substitutes or substitute, may lawfully do or cause to be
done by virtue hereof.
</FONT>
<P align="left"><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended,
this Registration Statement has been signed by the following persons in the
capacities and on the dates indicated:
</FONT>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="95%">
<TR valign="bottom">
    <TD width="17%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="65%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="12%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>Signature</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Title</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>Date</B></FONT></TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>

<TR valign="bottom">
    <TD nowrap align="center">&nbsp;</TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center">&nbsp;</TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center">&nbsp;</TD>
</TR>


<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ Benjamin Hong<BR>
</FONT><HR size="1" noshade><FONT size="2">
Benjamin Hong</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
President and Chief Executive Officer (Principal Executive Officer),
Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="left" valign="top"><FONT size="2">February 5, 2003</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ Bon T. Goo<BR>
</FONT><HR size="1" noshade><FONT size="2">
Bon T. Goo</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Executive  Vice  President and Chief  Financial  Officer
(Principal  Financial  Officer, Principal Accounting Officer)
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="left" valign="top"><FONT size="2">February 5, 2003</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ Thomas Chung<BR>
</FONT><HR size="1" noshade><FONT size="2">
Thomas Chung</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Chairman of the Board
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="left" valign="top"><FONT size="2">February 5, 2003</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ Jesun Paik<BR>
</FONT><HR size="1" noshade><FONT size="2">
Jesun Paik</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="left" valign="top"><FONT size="2">February 5, 2003</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ Ki Suh Park<BR>
</FONT><HR size="1" noshade><FONT size="2">
Ki Suh Park</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="left" valign="top"><FONT size="2">February 5, 2003</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ Steve Y. Kim<BR>
</FONT><HR size="1" noshade><FONT size="2">
Steve Y. Kim</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="left" valign="top"><FONT size="2">February 5, 2003</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ Yong Hwan Kim<BR>
</FONT><HR size="1" noshade><FONT size="2">
Yong Hwan Kim</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="left" valign="top"><FONT size="2">February 5, 2003</FONT></TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">/s/ John M. Park<BR>
</FONT><HR size="1" noshade><FONT size="2">
John M. Park</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD nowrap align="left" valign="top"><FONT size="2">February 5, 2003</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="center"><FONT size="2">&nbsp;</FONT>
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<!-- link1 "EXHIBIT INDEX" -->
<DIV align="left"><A NAME="010"></A></DIV>
<P align="center"><FONT size="2"><B>EXHIBIT INDEX</B></FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="65%">
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="87%">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD nowrap align="center"><FONT size="1"><B>EXHIBIT NUMBER</B></FONT></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><FONT size="1"><B>DESCRIPTION</B></FONT></TD>
</TR>
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    <TD nowrap align="center"><HR size="1" noshade></TD>
    <TD><FONT size="1">&nbsp;</FONT></TD>
    <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><FONT size="2">3.3</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Certificate of Amendment to the Registrant&#146;s Certificate of
Incorporation, as filed with the Secretary of State of the
State of Delaware on May&nbsp;31, 2002</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">5.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Opinion of Cooley Godward LLP</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Consent of Deloitte &#038; Touche, LLP, Independent Auditors</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">23.2</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Consent of Cooley Godward LLP is contained in Exhibit&nbsp;5.1
to this Registration Statement</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">24.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Power of Attorney is contained on the signature page to
this Registration Statement</FONT></TD>
</TR>

<TR valign="bottom">
    <TD valign="top"><FONT size="2">99.1</FONT></TD>
    <TD><FONT size="2">&nbsp;</FONT></TD>
    <TD align="left" valign="top"><FONT size="2">
Form of Nara Bank 2002 Stock Option Agreement</FONT></TD>
</TR>
</TABLE>
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</HTML>
[{"type": "S-8", "sequence": "1", "filename": "f87349orsv8.htm", "description": "FORM S-8", "secsgml_size_bytes": 53377}]
{"company-data": {"conformed-name": "NARA BANCORP INC", "cik": "0001128361", "assigned-sic": "6021", "irs-number": "954170121", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-102974", "film-number": "03540421"}, "business-address": {"street1": "3701 WILSHIRE BLVD", "street2": "SUITE 220", "city": "LOS ANGELES", "state": "CA", "zip": "90010", "phone": "2136391700"}, "mail-address": {"street1": "3701 WILSHIRE BLVD", "street2": "SUITE 220", "city": "LOS ANGELES", "state": "CA", "zip": "90010"}}
Form S-8
Table of Contents
As filed with the Securities and
Exchange Commission on February 5, 2003
Registration No. 333-__________
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form S-8
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933
NARA BANCORP, INC.
(Exact name of registrant as specified in its charter)
Delaware
95-4170121
(State of Incorporation or Organization)
(I.R.S. Employer Identification No.)
3701 Wilshire Boulevard, Suite 220
Los Angeles, California 90010
(Address of Principal Executive Offices)
NARA BANK 2002 STOCK OPTION AGREEMENT — WILLIAM DAVIS
NARA BANK 2002 STOCK OPTION AGREEMENT — MICHEL URICH
(Full title of the plan)
Benjamin B. Hong
President and Chief Executive Officer
NARA BANCORP, INC.
3701 Wilshire Boulevard, Suite 220
Los Angeles, California 90010
(213) 639-1700
(Name, address, including zip code, and telephone number, including area code, of agent for service)
Copies to
:
Nancy H. Wojtas, Esq.
COOLEY GODWARD LLP
5 Palo Alto Square
3000 El Camino Real
Palo Alto, California 94306
(650) 843-5000
CALCULATION OF REGISTRATION FEE
Proposed Maximum
Proposed Maximum
Title of Securities
Amount to be
Offering
Aggregate Offering
Amount of
to be Registered
Registered(1)
Price per Share(2)
Price(2)
Registration Fee
Stock Options and
Common Stock
(par value $.001 per
share)
20,000 shares
$
22.04
$
440,800.00
$
40.55
Table of Contents
(1)
In addition, pursuant to Rule 416(a) under the Securities Act of 1933, as
amended (the "Securities Act"), this registration statement shall also
cover any additional shares of the common stock of Nara Bancorp, Inc. (the
"Company") that become issuable under the Nara Bank 2002 Stock Option
Agreements with each of William Davis and Michel Urich, by reason of any
stock dividend, stock split, recapitalization or other similar transaction
effected without the Company's receipt of consideration that results in an
increase in the number of the Company's outstanding shares of common
stock.
(2)
Estimated solely for the purpose of calculating the amount of the
registration fee pursuant to Rule 457(c) and (h)(1) under the Securities
Act. The offering price per share and aggregate offering price for the
unissued stock options and common stock are based upon the average of the
high and low prices of the Company's common stock on January 30, 2003, as
reported on the Nasdaq National Market. The following chart illustrates
the calculation of the registration fee:
Offering Price per
Aggregate Offering
Securities
Number of Shares
Share
Price
Common stock available
for issuance under the
Nara Bank 2002 Stock
Option Agreement with
William Davis
10,000
$
22.04
$
220,400.00
Common stock available
for issuance under the
Nara Bank 2002 Stock
Option Agreement with
Michel Urich
10,000
$
22.04
$
220,400.00
Total
20,000
$
440,800.00
Registration Fee (.000092)
$
40.55
Approximate date of commencement of proposed sale to the public
:
as soon as practicable after this Registration Statement becomes effective.
2.
TABLE OF CONTENTS
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference
Item 4. Description of Securities
Item 5. Interests of Named Experts and Counsel
Item 6. Indemnification of Directors and Officers
Item 7. Exemption from Registration Claimed
Item 8. Exhibits
Item 9. Undertakings
SIGNATURES
POWER OF ATTORNEY
EXHIBIT INDEX
EXHIBIT 3.3
EXHIBIT 5.1
EXHIBIT 23.1
EXHIBIT 99.1
Table of Contents
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference
The following documents filed by Nara Bancorp, Inc. (the "Registrant") with the
Securities and Exchange Commission (the "Commission") are incorporated in this
Registration Statement on Form S-8 (this "Registration Statement") by
reference:
a.     The Registrant's Annual Report on Form 10-K for the year ended December
31, 2001, filed with the Commission on April 1, 2002 ("Form 10-K"), as amended
by Amendment No. 1 to Form 10-K, filed with the Commission on April 30, 2002.
b.     The Registrant's Definitive Proxy Statement on Schedule 14A, filed with
the Commission on May 7, 2002.
c.     The Registrant's Quarterly Reports on Forms 10-Q, for the quarters
ended March 31, June 30 and September 30, 2002, respectively, filed with the
Commission on May 15, August 14 and November 14, 2002, respectively.
d.     The Registrant's Current Reports on Form 8-K, filed with the Commission
on September 26, 2002 and January 28, 2003, respectively.
All other documents filed by the Registrant pursuant to Section 13(a),
13(c), 14 or 15(d) of the Exchange Act subsequent to the date of this
Registration Statement and prior to the filing of a post-effective amendment
which indicate that all securities offered have been sold or which deregisters
all securities then remaining unsold shall be deemed to be incorporated by
reference in this Registration Statement and to be a part hereof from the date
of filing of such documents.
Any statement made in a document incorporated or deemed to be incorporated
by reference herein shall be deemed to be modified or superseded for purposes
of this Registration Statement to the extent that a statement contained herein
or in any other subsequently filed document which is also incorporated or
deemed to be incorporated by reference herein modifies or supersedes such
statement. Any such statement so modified or superseded shall not be deemed,
except as so modified or superseded, to constitute a part of this Registration
Statement.
Item 4. Description of Securities
The Registrant's certificate of incorporation, as amended, authorizes the
issuance of up to 20,000,000 shares of the Registrant's common stock, $0.001
par value per share. Currently, the Registrant has approximately 5,545,928
shares of common stock outstanding. The Registrant's certificate of
incorporation does not provide for any other class of stock.
The Registrant's common stock has no preemptive, conversion or redemption
rights or sinking fund provisions and all of the issued and outstanding shares
of the Registrant's common stock are fully paid and nonassessable. The
Registrant is empowered by Delaware law to buy its shares of stock from its
stockholders at the mutual accord of the stockholder and the Registrant.
3.
Table of Contents
Holders of the Registrant's common stock are entitled to one vote, in
person or by proxy, for each share of the Registrant's common stock held of
record in the stockholder's name on the books of the Registrant as of the
record date on any matter submitted to the vote of the stockholders. Cumulative
voting in the election of directors is not available to stockholders of the
Registrant. Each share of the Registrant's common stock has the same rights,
privileges and preferences as every other share and will share equally in the
Registrant's net assets upon liquidation or dissolution after satisfaction of
liabilities.
The Registrant's stockholders are entitled to dividends when, and if,
declared by the Registrant's board of directors out of funds legally available
therefor, and after satisfaction of the prior rights of holders of outstanding
preferred stock, if any (subject to certain restrictions on payment of
dividends imposed by the laws of Delaware).
The Registrant's bylaws, as amended, provide that a special meeting of the
stockholders may be called by, among others, a holder or holders of 10% or more
of the outstanding stock of the Registrant. The Registrant's bylaws also
provide that any action that is required or permitted to be taken by
stockholders at an annual or special meeting may be taken by a written consent
without a meeting, if the holders of outstanding stock having not less than the
minimum number of votes that would be necessary to authorize or take such
action at a meeting at which all shares entitled to vote were present and
voted, signed the consent.
The Registrant is covered by the anti-takeover provisions in Delaware law,
which may discourage a future takeover attempt in which stockholders might
receive a premium for their shares over the then-current market price and may
make removal of incumbent management more difficult.
The Delaware General Corporation Law provides that buyers who acquire more
than 15% of the outstanding stock of a Delaware corporation, such as the
Registrant, are prohibited from completing a hostile takeover of such
corporation for three years. However, the takeover can be completed if: (i)
the buyer, while acquiring the 15% interest, acquires at least 85% of the
corporation's outstanding stock (the 85% requirement excludes shares held by
directors who are also officers and certain shares held under employee stock
plans), or (ii) the takeover is approved by the target corporation's board of
directors and two-thirds of the shares of outstanding stock of the corporation
(excluding shares held by the bidder). The Registrant is governed by this
provision of the Delaware General Corporation Law.
Certain provisions of the Registrant's bylaws will impede changes in
majority control of the Registrant's board of directors. The Registrant's
bylaws provide that:
1.     the size of the board of directors may be increased or decreased either
by a majority vote of the whole board or a majority vote of the outstanding
capital stock entitled to vote;
2.     any vacancy occurring in the board of directors, including a vacancy
created by an increase in the number of directors, shall be filled for the
remainder of the unexpired term by a majority vote of the directors then in
office;
3.     a director, in general, may only be removed by the affirmative vote of
a majority of the shares eligible to vote; and
4.
Table of Contents
4. nominations for election to the board of directors may be made by the
board of directors or by any stockholder of any outstanding capital stock of
the Registrant entitled to vote for the election of directors.
Nominations, other than those made by or on behalf of the management of
the Registrant, must be made in writing and be delivered or mailed to the
president of the Registrant not less than 14 days nor more than 50 days prior
to any meeting of stockholders called for the election of directors. If less
than 21 days' notice of the meeting is given to the stockholders, these
nominations shall be mailed or delivered to the president of the Registrant
before the close of business on the seventh day following the day on which the
notice of meeting was mailed. This notification shall contain the name and
address of each proposed nominee, the principal occupation of each proposed
nominee, the total number of shares of capital stock of the Registrant owned by
each proposed nominee, the name and address of the notifying stockholder and
the number of shares of capital stock of the Registrant owned by the notifying
stockholder. Nominations not made in accordance with these procedures may be
disregarded by the chairman of the meeting, and upon his instructions, the vote
tellers may disregard all votes cast for each such nominee.
Amendments to the Registrant's certificate of incorporation require the
approval of a majority vote of the Registrant's board of directors and also by
a majority of the outstanding shares of the Registrant's voting stock. The
Registrant's bylaws may be amended by a majority vote of the board of directors
or the affirmative vote of a majority of the total votes eligible to be voted
at a duly constituted meeting of stockholders.
The Registrant is authorized to issue common stock from time to time under
its certificate of incorporation. In the event of a proposed merger, tender
offer or other attempt to gain control of the Registrant that the board of
directors does not approve, it might be possible for the board of directors to
authorize the issuance of shares of common stock that would impede the
completion of such a transaction. An effect of the possible issuance of common
stock, therefore, may be to deter a future takeover attempt.
Item 5. Interests of Named Experts and Counsel
Not Applicable.
Item 6. Indemnification of Directors and Officers
The Registrant's certificate of incorporation, as amended, provides that
its directors and officers shall be indemnified to the fullest extent
permissible under Delaware law. The certificate of incorporation also provides
that a director shall not be liable to the Registrant or its stockholders for
monetary damages for breach of fiduciary duty as a director. The Registrant's
bylaws provide that the Registrant shall indemnify any director, officer,
employee or agent of the Registrant for reasonable expenses actually incurred
in connection with any proceeding to which he or she was made a party by reason
of his or her having served the Registrant as a director, officer, employee or
agent; provided, that no person shall be indemnified if found liable to the
Registrant as a result of an action or suit by or in the right of the
Registrant, and that any indemnification amount shall be approved by a majority
of the board of directors who were not parties to the action or suit, or by the
stockholders.
5.
Table of Contents
Section 102(b) of the Delaware General Corporation Law authorizes a
corporation to provide in its certificate of incorporation that a director of
the corporation shall not be personally liable to corporation or its stockholders for monetary damages for breach
or alleged breach of the director's "duty of care." While this statute does not
change directors' duty of care, it enables corporations to limit available
relief to equitable remedies such as injunction or rescission. The statute has
no effect on a director's duty of loyalty or liability for acts or omissions
not in good faith or involving intentional misconduct or knowing violations of
law, illegal payment of dividends or stock redemptions or repurchases, or for
any transaction from which the director derives an improper personal benefit.
As permitted by the statute, the Registrant has adopted provisions in its
certificate of incorporation which eliminate to the fullest extent permissible
under Delaware law the personal liability of its directors to the Registrant
and its stockholders for monetary damages for breach or alleged breach of their
duty of care.
Section 145 of the Delaware General Corporation Law provides for the
indemnification of officers, directors, employees and agents of a corporation.
The Registrant's bylaws provide for indemnification of its directors, officers,
employees and agents to the fullest extent permitted under Delaware law,
including those circumstances in which indemnification would otherwise be
discretionary under Delaware law. The Registrant's bylaws also empower it to
enter into indemnification agreements with its directors and officers and to
purchase insurance on behalf of any person whom it is required or permitted to
indemnify. The Registrant has entered into agreements with its directors and
certain of its executive officers that require the Registrant to indemnify such
persons to the fullest extent permitted under Delaware law against expenses,
judgments, fines, settlements and other amounts actually and reasonably
incurred (including expenses of a derivative action) in connection with any
proceeding, whether actual or threatened, to which any such person may be made
a party by reason of the fact that such person is or was a director or an
executive officer of the Registrant or any of its affiliated enterprises. The
indemnification agreements also set forth certain procedures that will apply in
the event of a claim for indemnification thereunder.
Section 145 of the Delaware General Corporation Law provides for
indemnification in terms sufficiently broad to indemnify such individuals,
under certain circumstances, for liabilities (including reimbursement of
expenses incurred) arising under the Securities Act.
Item 7. Exemption from Registration Claimed
Not Applicable.
Item 8. Exhibits
Exhibit Number
Exhibit Description
3.3
Certificate of Amendment to the Registrant's Certificate of
Incorporation, as filed with the Secretary of State of the
State of Delaware on May 31, 2002
5.1
Opinion of Cooley Godward LLP
23.1
Consent of Deloitte & Touche, LLP, Independent Auditors
23.2
Consent of Cooley Godward LLP is contained in Exhibit 5.1
to this Registration Statement
24.1
Power of Attorney is contained on the signature page to
this Registration
6.
Table of Contents
Exhibit Number
Exhibit Description
Statement
99.1
Form of Nara Bank 2002 Stock Option Agreement
Item 9. Undertakings
1.     The undersigned registrant hereby undertakes:
a. To file, during any period in which offers or sales are being made, a
post-effective amendment to this registration statement:
(i) To include any prospectus required by Section 10(a)(3) of the
Securities Act;
(ii) To reflect in the prospectus any facts or events arising after the
effective date of the registration statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a
fundamental change in the information set forth in the registration statement.
Notwithstanding the foregoing, any increase or decrease in volume of securities
offered (if the total dollar value of securities offered would not exceed that
which was registered) and any deviation from the low or high end of the
estimated maximum offering range may be reflected in the form of prospectus
filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the
changes in volume and price represent no more than a 20% change in the maximum
aggregate offering price set forth in the "Calculation of Registration Fee"
table in the effective registration statement.
(iii) To include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or any
material change to such information in the registration statement;
provided, however
, that paragraphs (a)(i) and (a)(ii) do not apply if the
information required to be included in a post-effective amendment by those
paragraphs is contained in periodic reports filed by the registrant pursuant to
Section 13 or Section 15(d) of the Exchange Act that are incorporated by
reference herein.
b. That, for the purpose of determining any liability under the Securities
Act, each such post-effective amendment shall be deemed to be a new
registration statement relating to the securities offered herein, and the
offering of such securities at that time shall be deemed to be the initial
bona
fide
offering thereof.
c. To remove from registration by means of a post-effective amendment any
of the securities being registered which remain unsold at the termination of
the offering.
2.     The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act, each filing of the
registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
Exchange Act (and, where applicable, each filing of an employee benefit plan's
annual report pursuant to Section 15(d) of the Exchange Act) that is
incorporated by reference in the registration statement shall be deemed to be a
new registration statement relating to the securities offered herein, and the
offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.
3.     Insofar as indemnification for liabilities arising under the Securities Act
may be permitted to directors, officers and controlling persons of the
registrant pursuant to the foregoing
7.
Table of Contents
provisions, or otherwise, the registrant
has been advised that in the opinion of the Commission such indemnification is
against public policy as expressed in the Securities Act and is, therefore,
unenforceable. In the event that a claim for indemnification against such
liabilities (other than the payment by the registrant of expenses incurred or
paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the
Securities Act and will be governed by the final adjudication of such issue.
8.
Table of Contents
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended,
the Registrant certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Los Angeles, State of California, on February
5, 2003.
NARA BANCORP, INC.
By:
/s/ Benjamin Hong
Benjamin Hong
President and Chief Executive Officer
POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints Benjamin Hong and Bon T. Goo, and each
or any one of them, his or her true and lawful attorney-in-fact and agent, with
full power of substitution and resubstitution, for him or her and in his or her
name, place and stead, in any and all capacities, to sign any and all
amendments (including post-effective amendments) to this Registration
Statement, and to file the same, with all exhibits thereto, and other documents
in connection therewith, with the Securities and Exchange Commission, granting
unto said attorneys-in-fact and agents, and each of them, full power and
authority to do and perform each and every act and thing requisite and
necessary to be done in connection therewith, as fully to all intents and
purposes as he or she might or could do in person, hereby ratifying and
confirming all that said attorneys-in-fact and agents, or any of them, or
their, his, or her substitutes or substitute, may lawfully do or cause to be
done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended,
this Registration Statement has been signed by the following persons in the
capacities and on the dates indicated:
Signature
Title
Date
/s/ Benjamin Hong
Benjamin Hong
President and Chief Executive Officer (Principal Executive Officer),
Director
February 5, 2003
/s/ Bon T. Goo
Bon T. Goo
Executive  Vice  President and Chief  Financial  Officer
(Principal  Financial  Officer, Principal Accounting Officer)
February 5, 2003
/s/ Thomas Chung
Thomas Chung
Chairman of the Board
February 5, 2003
/s/ Jesun Paik
Jesun Paik
Director
February 5, 2003
/s/ Ki Suh Park
Ki Suh Park
Director
February 5, 2003
/s/ Steve Y. Kim
Steve Y. Kim
Director
February 5, 2003
/s/ Yong Hwan Kim
Yong Hwan Kim
Director
February 5, 2003
/s/ John M. Park
John M. Park
Director
February 5, 2003
Table of Contents
EXHIBIT INDEX
EXHIBIT NUMBER
DESCRIPTION
3.3
Certificate of Amendment to the Registrant's Certificate of
Incorporation, as filed with the Secretary of State of the
State of Delaware on May 31, 2002
5.1
Opinion of Cooley Godward LLP
23.1
Consent of Deloitte & Touche, LLP, Independent Auditors
23.2
Consent of Cooley Godward LLP is contained in Exhibit 5.1
to this Registration Statement
24.1
Power of Attorney is contained on the signature page to
this Registration Statement
99.1
Form of Nara Bank 2002 Stock Option Agreement