Common use of Administration of Executive Severance Plan Clause in Contracts

Administration of Executive Severance Plan. Umpqua’s Chief Executive Officer and Human Resources Director are each plan administrators (the “Plan Administrator”) of the Executive Severance Plan and the Plan Administrator shall have the discretionary authority to administer and construe the terms of the Executive Severance Plan, including the authority to decide if Officer is entitled to the Severance Benefit or Change in Control Benefit and the authority to determine if there is Termination For Cause or Termination For Good Reason.

Administration of Executive Severance Plan. Umpqua’s 's Chief Executive Officer and Human Resources Director are each plan administrators (the “"Plan Administrator”") of the Executive Severance Plan and the Plan Administrator shall have the discretionary authority to administer and construe the terms of the Executive Severance Plan, including the authority to decide if Officer is entitled to the Severance Benefit or Benefit, Change in Control Benefit Benefit, or Retention Incentive and the authority to determine if there is Termination For Cause or Termination For Good Reason.

Administration of Executive Severance Plan. Umpqua’s Chief Executive Officer and Human Resources Director are each plan administrators (the “Plan Administrator”) of the Executive Severance Plan and the Plan Administrator shall have the discretionary authority to administer and construe the terms of the Executive Severance Plan, including the authority to decide if Officer is entitled to the Severance Benefit or Benefit, Change in Control Benefit or Retention Incentive and the authority to determine if there is Termination For Cause or Termination For Good Reason.

Administration of Executive Severance Plan. Umpqua’s Chief Executive Officer and Human Resources Director are each plan administrators (the “Plan Administrator”) of the Executive Severance Plan and the Plan Administrator shall have the discretionary authority to administer and construe the terms of the Executive Severance Plan, including the authority to decide if Officer is entitled to the Severance Benefit or Benefit, Change in Control Benefit Benefit, or Retention Incentive and the authority to determine if there is Termination For Cause or Termination For Good Reason.

Administration of Executive Severance Plan. Umpqua’s Chief Executive Officer and Human Resources (Associate Relations) Director are each plan administrators (the “Plan Administrator”) of the Executive Severance Plan Plan, and the Plan Administrator shall have the discretionary authority to administer and construe the terms of the Executive Severance Plan, including the authority to decide if Officer is entitled to the Severance Benefit or Change in Control Benefit Benefit, and the authority to determine if there is Termination For Cause or Termination For Good Reason.

Administration of Executive Severance Plan. Umpqua’s Chief Executive Officer and Human Resources Director are each plan administrators (the “Plan Administrator”) of the Executive Severance Plan and the Plan Administrator shall have the discretionary authority to administer and construe the terms of the Executive Severance Plan, including the authority to decide if Officer is entitled to the Severance Benefit or Change in Control Benefit Benefit, and the authority to determine if there is Termination For Cause or Termination For Good Reason.

Administration of Executive Severance Plan. Umpqua’s 's Chief Executive Officer and Human Resources Director are each plan administrators (the “"Plan Administrator”") of the Executive Severance Plan and the Plan Administrator shall have the discretionary authority to administer and construe the terms of the Executive Severance Plan, including the authority to decide if Officer is entitled to the Severance Benefit or Change in Control Benefit and the authority to determine if there is Termination For Cause or Termination For Good Reason.

Administration of Executive Severance Plan. Umpqua’s Chief Executive Officer and Human Resources Director are each plan administrators (the “Plan Administrator”) of the Executive Severance Plan and the Plan Administrator shall have the discretionary authority to administer and construe the terms of the Executive Severance Plan, including the authority to decide if Officer is entitled to the Severance Benefit or Change in Control Benefit or Retention Incentive and the authority to determine if there is Termination For Cause or Termination For Good Reason.

Administration of Executive Severance Plan. Umpqua’s 's Chief Executive Officer and Human Resources Director Executive Vice President/Associate Relations are each plan administrators (the “"Plan Administrator”") of the Executive Severance Plan and the Plan Administrator shall have the discretionary authority to administer and construe the terms of the Executive Severance Plan, including the authority to decide if Officer is entitled to the Severance Benefit or Change in Control Benefit and the authority to determine if there is Termination For Cause or Termination For Good Reason.

Administration of Executive Severance Plan. Umpqua’s Chief Executive Officer and Human Resources Director Executive Vice President/Associate Relations are each plan administrators (the “Plan Administrator”) of the Executive Severance Plan and the Plan Administrator shall have the discretionary authority to administer and construe the terms of the Executive Severance Plan, including the authority to decide if Officer is entitled to the Severance Benefit or Change in Control Benefit and the authority to determine if there is Termination For Cause or Termination For Good Reason.