0000896595-06-000089 Sample Contracts

BANCORP EMPLOYMENT AGREEMENT FOR BOBBY L. DUMILIEU Dated as of March 1, 2006
Employment Agreement • March 15th, 2006 • Premierwest Bancorp • Finance services • Oregon

This Employment Agreement (this "Agreement") by and among BANCORP, an Oregon corporation (the "BANCORP"), PREMIERWEST BANK, an Oregon state chartered bank (the "BANK") (PREMIERWEST BANK and the BANK are, collectively, referred to as "PREMIERWEST") and BOBBY L. DUMILIEU ("EXECUTIVE"), is dated March 1, 2006.

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INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • March 15th, 2006 • Premierwest Bancorp • Finance services • Oregon

This Incentive Stock Option Agreement is made and entered into pursuant to the terms of the Stock Option Plan dated March 28, 2002 (the "Plan") adopted by the Board of Directors and Shareholders of PremierWest Bancorp, an Oregon corporation (the "Company"). Unless otherwise defined herein, capitalized terms defined in this Incentive Stock Option Agreement shall have the meanings as defined in the Plan.

NONQUALIFIED STOCK OPTION AGREEMENT
Nonqualified Stock Option Agreement • March 15th, 2006 • Premierwest Bancorp • Finance services • Oregon

This Nonqualified Stock Option Agreement is made and entered into pursuant to the terms of the Stock Option Plan dated March 28,2002 (the "Plan") adopted by the Board of Directors and Shareholders of PremierWest Bancorp, an Oregon corporation (the "Company"). Unless otherwise defined herein, capitalized terms defined in this Nonqualified Stock Option Agreement shall have the meanings as defined in the Plan.

PREMIERWEST BANK EXECUTIVE SURVIVOR INCOME AGREEMENT
Executive Survivor Income Agreement • March 15th, 2006 • Premierwest Bancorp • Finance services • Oregon

THIS EXECUTIVE SURVIVOR INCOME AGREEMENT is made this 12th day of November, 2002. by and between PremierWest Bank, an Oregon-chartered. FDIC-insured bank with its main office in Medford, Oregon (the "Bank"), and John L. Anhorn, President & Chief Executvie Officer (the "Executive").

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