0000896595-08-000102 Sample Contracts

PREMIERWEST BANCORP EMPLOYMENT AGREEMENT FOR TOM ANDERSON Dated as of December 13, 2007
Employment Agreement • March 14th, 2008 • Premierwest Bancorp • National commercial banks • Oregon

This Employment Agreement (this “Agreement”) by and among PremierWest Bancorp, an Oregon Corporation, PremierWest Bank, an Oregon state chartered bank (the “Bank”) (collectively “PremierWest”) and Tom Anderson (“Executive”), is dated December 13, 2007.

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PREMIERWEST BANK SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT (SERP)
Supplemental Executive Retirement Plan Agreement • March 14th, 2008 • Premierwest Bancorp • National commercial banks • Oregon

THIS SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT (this “Agreement”) is made December 13, 2007, by and between PremierWest Bancorp, an Oregon corporation (“Bancorp”), PremierWest Bank, an Oregon-chartered, FDIC-insured bank with its main office in Medford, Oregon (the “Bank”) (collectively “PremierWest”), and John Anhorn, (the “Executive”), replacing the Agreement dated July 29, 2004, and is effectively retroactive to January 1, 2005.

PREMIERWEST BANK 2007 EXECUTIVE DEFERRED COMPENSATION AGREEMENT
Executive Deferred Compensation Agreement • March 14th, 2008 • Premierwest Bancorp • National commercial banks • Oregon

THIS AGREEMENT is made this 13th day of December, 2007 by and among PremierWest Bancorp, an Oregon corporation (“Bancorp”), PremierWest Bank, an Oregon-chartered bank (the “Bank”) (collectively “PremierWest”), and Tom Anderson (the “Executive”) replacing the Agreement dated December 27, 2004, and is effective retroactively to January 1, 2005.

PREMIERWEST BANK SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT (SERP)
Supplemental Executive Retirement Plan Agreement • March 14th, 2008 • Premierwest Bancorp • National commercial banks • Oregon

THIS SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT (this "Agreement") is made December 13, 2007, by and between PremierWest Bancorp, an Oregon corporation (“Bancorp”), PremierWest Bank, an Oregon-chartered, FDIC-insured bank with its main office in Medford, Oregon (the "Bank") (collectively, “PremierWest”), and Tom Anderson, (the "Executive") replacing the Agreement dated July 29, 2004, and is effective retroactively to January 1, 2005.

PREMIERWEST BANK CONTINUING BENEFITS AGREEMENT
Continuing Benefits Agreement • March 14th, 2008 • Premierwest Bancorp • National commercial banks • Oregon

This Continuing Benefits Agreement (this “Agreement”) dated December 13, 2007, by and between PremierWest Bancorp, an Oregon Corporation (“PremierWest”), PremierWest Bank, an Oregon chartered Bank (the “Bank”) and _____________, a director of PremierWest (“Director”), replaces the Agreement dated December 27, 2004 and is retroactively effective January 1, 2005.

PREMIERWEST BANK 2007 DIRECTOR DEFERRED COMPENSATION AGREEMENT
Director Deferred Compensation Agreement • March 14th, 2008 • Premierwest Bancorp • National commercial banks • Oregon

THIS AGREEMENT is made December 13, 2007 by and between PremierWest Bancorp, an Oregon corporation (“Bancorp”), PremierWest Bank, an Oregon-chartered bank (the “Bank”) and ________________ (the “Director”), replacing the Agreement dated December 27, 2004, and is effective retroactively to January 1, 2005.

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