Common use of Employment and Title Clause in Contracts

Employment and Title. Bancorp shall employ Employee as an officer of Bancorp with the title of President and Chief Executive Officer of Columbia Bancorp and Chief Executive Officer of Columbia River Bank. Subject to the terms and conditions hereof, employee shall perform such duties and exercise such authority as are customarily performed and exercised by persons holding such office, subject to the general direction of the Boards of Directors of Bancorp and the Bank. Such services and duties shall be exercised in good faith and in accordance with standards of reasonable business judgment. As used herein, references to "Bancorp" shall be deemed to also refer to and include the Bank where the context requires.

Employment and Title. Bancorp shall employ Employee as an officer of Bancorp with the title of Executive Vice President and Chief Executive Financial Officer of Columbia Bancorp and Chief Executive Financial Officer of Columbia River Bank. Subject to the terms and conditions hereof, employee shall perform such duties and exercise such authority as are customarily performed and exercised by persons holding such office, subject to the general direction of the Boards of Directors of Bancorp and the Bank. Such services and duties shall be exercised in good faith and in accordance with standards of reasonable business judgment. As used herein, references to "Bancorp" shall be deemed to also refer to and include the Bank where the context requires.

Employment and Title. Bancorp shall employ Employee as an officer of Bancorp with the title of President and Chief Executive Officer of Columbia Bancorp and Chief Executive Officer of Columbia River Bank. Subject to the terms and conditions hereof, employee shall perform such duties and exercise such authority as are customarily performed and exercised by persons holding such office, subject to the general direction of the Boards of Directors of Bancorp and the Bank. Such services and duties shall be exercised in good faith and in accordance with standards of reasonable business judgment. As used herein, references to "“Bancorp" ” shall be deemed to also refer to and include the Bank where the context requires.