ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

On August 6, 2009, Capitol Bancorp Ltd., a Michigan corporation (the "Company") entered into indemnification agreements with each member of the Company's Board of Directors (the "Board") and each Named Executive Officer ("NEO"). The indemnification agreements indemnify each of the members of the Board and NEOs against expenses or liabilities incurred in connection with the investigation, defense, settlement or appeal of any proceeding associated with the indemnitee being an agent of the Company or by reason of anything done or not done by the indemnitee in such capacity. The form of indemnification agreement is attached as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.