PREMIERWEST BANK EXECUTIVE SURVIVOR INCOME AGREEMENTExecutive Survivor Income Agreement • March 18th, 2009 • Premierwest Bancorp • National commercial banks • 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 Rich Hieb (the “Executive”).
PREMIERWEST BANK EXECUTIVE DEFERRED COMPENSATION AGREEMENTExecutive Deferred Compensation Agreement • March 18th, 2009 • Premierwest Bancorp • National commercial banks • Oregon
THIS EXECUTIVE DEFERRED COMPENSATION AGREEMENT (this “Agreement”) is made this 22nd day of January, 2009 by and among PremierWest Bancorp, an Oregon corporation (“Bancorp”), PremierWest Bank, an Oregon state-chartered bank (the “Bank,” and collectively with Bancorp, “PremierWest”), and T. Joe Danelson (“Executive”).
FIRST AMENDMENT TO PREMIERWEST BANK SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT (SERP)Supplemental Executive Retirement Plan Agreement • March 18th, 2009 • Premierwest Bancorp • National commercial banks
This First Amendment dated April 24, 2008 (this “Amendment”), amends the Supplemental Executive Retirement Plan Agreement (SERP) by and between PremierWest Bancorp (“Bancorp”), PremierWest Bank (“Bank”, and together with Bancorp, “Company”) and Tom Anderson (the “Executive”) dated December 13, 2007 (the “Agreement”).
PREMIERWEST BANCORP AMENDMENT TO EMPLOYMENT AGREEMENT FOR TOM ANDERSONEmployment Agreement • March 18th, 2009 • Premierwest Bancorp • National commercial banks
This Amendment dated effective January 5, 2009 (this “Amendment”) amends the Employment Agreement by and among PremierWest Bancorp, PremierWest Bank, and Tom Anderson dated as of July 29, 2004 (the “Employment Agreement”). 1. Section 2.3 is amended in its entirety to read as follows: 2.3 Termination Upon Retirement. Unless sooner terminated, Executive’s employment shall terminate upon his Retirement (defined below). 2. Section 6.6 is amended in its entirety to read as follows: 6.6 Retirement. Upon Executive providing 90 days notice of his termination of employment and Executive being at least 62 years old at the time of termination (“Retirement”). 3. Except as specifically set forth herein, the Employment Agreement as previously executed shall continue in full force and effect as written. Terms not otherwise defined in this Amendment shall have the meanings set forth in the Employment Agreement.
AMENDMENT TO EMPLOYMENT AGREEMENT FOR T. JOE DANELSONEmployment Agreement • March 18th, 2009 • Premierwest Bancorp • National commercial banks
This Amendment dated effective December 16, 2008 (this “Amendment”) amends the Employment Agreement by and among PremierWest Bancorp, PremierWest Bank, and T. Joe Danelson dated as of April 21, 2008 (the “Employment Agreement”).
FIRST AMENDMENT TO PREMIERWEST BANK SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT (SERP)Supplemental Executive Retirement Plan Agreement • March 18th, 2009 • Premierwest Bancorp • National commercial banks
This First Amendment dated December 18, 2008 (this “Amendment”), amends the Supplemental Executive Retirement Plan Agreement (SERP) by and between PremierWest Bancorp (“Bancorp”), PremierWest Bank (“Bank”, and together with Bancorp, “Company”) and Richard Hieb (the “Executive”) dated December 13, 2007 (the “Agreement”).
