Common use of PURPOSE AND DURATION OF AGREEMENT Clause in Contracts

PURPOSE AND DURATION OF AGREEMENT. The purpose of this Agreement is to set forth the terms of Officer's employment with Umpqua and to provide Officer benefits in certain circumstances where Officer's employment is terminated or a Change in Control (defined below) occurs. This Agreement, including the severance provisions governed by ERISA, shall expire on September 15, 2008. This Agreement supersedes the Terms of Employment and Severance Agreement between Umpqua and Officer dated September 15, 2003.1

PURPOSE AND DURATION OF AGREEMENT. The purpose of this Agreement is to set forth the terms of Officer's employment with Umpqua and to provide Officer benefits in certain circumstances where Officer's employment is terminated or a Change in Control (defined below) occurs. This Agreement, including the severance provisions governed by ERISA, shall expire on September 15, 2008. This Agreement supersedes five (5) years from the Terms of Employment and Severance Agreement between Umpqua and Officer dated September 15, 2003.1date first written above.

PURPOSE AND DURATION OF AGREEMENT. The purpose of this Agreement is to set forth the terms of Officer's ’s employment with Umpqua and to provide Officer benefits in certain circumstances where Officer's ’s employment is terminated or a Change in Control (defined below) occurs. This Agreement, including the severance provisions governed by ERISA, shall expire on September 15, 2008. This Agreement supersedes five (5) years from the Terms of Employment and Severance Agreement between Umpqua and Officer dated September 15, 2003.1date first written above.

PURPOSE AND DURATION OF AGREEMENT. The purpose of this Agreement is to set forth the terms of Officer's employment with Umpqua and to provide Officer with benefits in certain circumstances where when Officer's employment is terminated or a Change under certain conditions. Unless sooner terminated as set forth below, and except as set forth in Control (defined below) occurs. This AgreementSection 21.3, including the severance provisions governed by ERISA, this Agreement shall expire on September 15December 31, 2008. This Agreement supersedes the Terms of Employment and Severance Agreement between Umpqua and Officer dated September 15, 2003.12021.

PURPOSE AND DURATION OF AGREEMENT. The purpose of this Agreement is to set forth the terms of Officer's ’s employment with Umpqua and to provide Officer with certain benefits in certain circumstances where Officer's ’s employment is terminated or a Change in Control (defined below) occurs. This Agreement, including the severance provisions governed by ERISAERISA as expressly set forth below, shall expire on September 15December 31, 2008. This Agreement supersedes the Terms of Employment and Severance Agreement between Umpqua and Officer dated September 15, 2003.12014.

PURPOSE AND DURATION OF AGREEMENT. The purpose of this Agreement is to set forth the terms of Officer's ’s employment with Umpqua and to provide Officer benefits in certain circumstances where Officer's ’s employment is terminated or a Change in Control (defined below) occurs. This Agreement, including the severance provisions governed by ERISAERISA as expressly set forth below, shall expire on September 15January 31, 2008. This Agreement supersedes the Terms of Employment and Severance Agreement between Umpqua and Officer dated September 15, 2003.12014.

PURPOSE AND DURATION OF AGREEMENT. The purpose of this Agreement is to set forth the terms of Officer's ’s employment with Umpqua and to provide Officer benefits in certain circumstances where Officer's ’s employment is terminated or a Change in Control (defined below) occurs. This Agreement, including the severance provisions governed by ERISA, shall expire on September 15December 31, 2008. This Agreement supersedes the Terms of Employment and Severance Agreement between Umpqua and Officer dated September 15, 2003.12018.

PURPOSE AND DURATION OF AGREEMENT. The This purpose of this Agreement is to set forth the terms of Officer's ’s employment with Umpqua and to provide Officer with certain benefits in certain circumstances where Officer's ’s employment is terminated. Unless sooner terminated or a Change as set forth below, and except as set forth in Control (defined below) occurs. This AgreementSection 22.3, including the severance provisions governed by ERISA, this Agreement shall expire on September 15December 31, 2008. This Agreement supersedes the Terms of Employment and Severance Agreement between Umpqua and Officer dated September 15, 2003.12021.

PURPOSE AND DURATION OF AGREEMENT. The This purpose of this Agreement is to set forth the terms of Officer's ’s employment with Umpqua and to provide Officer with certain benefits in certain circumstances where Officer's ’s employment is terminated. Unless sooner terminated or a Change as set forth below, and except as set forth in Control (defined below) occurs. This AgreementSection 22.3, including the severance provisions governed by ERISA, this Agreement shall expire on September 15December 31, 2008. This Agreement supersedes the Terms of Employment and Severance Agreement between Umpqua and Officer dated September 15, 2003.12020.

PURPOSE AND DURATION OF AGREEMENT. The purpose of this Agreement is to set forth the terms of Officer's ’s employment with Umpqua and to provide Officer with benefits in certain circumstances where when Officer's ’s employment is terminated or a Change under certain conditions. Unless sooner terminated as set forth below, and except as set forth in Control (defined below) occurs. This AgreementSection 21.3, including the severance provisions governed by ERISA, this Agreement shall expire on September 15December 31, 2008. This Agreement supersedes the Terms of Employment and Severance Agreement between Umpqua and Officer dated September 15, 2003.12021.

PURPOSE AND DURATION OF AGREEMENT. The purpose of this Agreement is to reflect Officer’s promotion and to set forth the terms of Officer's ’s employment with Umpqua and to provide Officer benefits in certain circumstances where Officer's ’s employment is terminated or a Change in Control (defined below) occurs. This Agreement, including the severance provisions governed by ERISAERISA as expressly set forth below, shall expire on September 15, 2008. This Agreement supersedes the Terms of Employment and Severance Agreement between Umpqua and Officer dated September 15, 2003.1December 31,2016.

PURPOSE AND DURATION OF AGREEMENT. The This purpose of this Agreement is to set forth the terms of Officer's ’s employment with Umpqua and to provide Officer with certain benefits in certain circumstances where Officer's ’s employment is terminated. Unless sooner terminated or a Change as set forth below, and except as set forth in Control (defined below) occurs. This AgreementSection 22.3, including the severance provisions governed by ERISA, this Agreement shall expire on September 15December 31, 2008. This Agreement supersedes the Terms of Employment and Severance Agreement between Umpqua and Officer dated September 15, 2003.12018.

PURPOSE AND DURATION OF AGREEMENT. The purpose of this Agreement is to set forth the terms of Officer's ’s employment with Umpqua and to provide Officer benefits in certain circumstances where Officer's ’s employment is terminated or a Change in Control (defined below) occurs. This Agreement, including the severance provisions governed by ERISA, shall expire on September 15January 31, 2008. This Agreement supersedes the Terms of Employment and Severance Agreement between Umpqua and Officer dated September 15, 2003.12014.

PURPOSE AND DURATION OF AGREEMENT. The purpose of this Agreement is to set forth the terms of Officer's employment with Umpqua and to provide Officer benefits in certain circumstances where Officer's employment is terminated or a Change in Control (defined below) occurs. This Agreement, including the severance provisions governed by ERISA, shall expire on September 15, 2008. This Agreement supersedes the Terms of Employment and Severance Agreement between Umpqua and Officer dated September 15, 2003.12003.

PURPOSE AND DURATION OF AGREEMENT. The purpose of this Agreement is to set forth the terms of Officer's ’s employment with Umpqua and to provide Officer with certain benefits in certain circumstances where Officer's ’s employment is terminated or a Change in Control (defined below) occurs. This Agreement, including the severance provisions governed by ERISAERISA as expressly set forth below, shall expire on September 15December 31, 2008. This Agreement supersedes the Terms of Employment and Severance Agreement between Umpqua and Officer dated September 15, 2003.12015.

PURPOSE AND DURATION OF AGREEMENT. The purpose of this Agreement is to set forth the terms of Officer's ’s employment with Umpqua and to provide Officer benefits in certain circumstances where Officer's ’s employment is terminated or a Change in Control (defined below) occurs. This Agreement, including the severance provisions governed by ERISA, shall expire on September 15February 28, 2008. This Agreement supersedes the Terms of Employment and Severance Agreement between Umpqua and Officer dated September 15, 2003.12013.