0001077771-15-000082 Sample Contracts

UMPQUA HOLDINGS CORPORATION EMPLOYMENT AGREEMENT
Employment Agreement • February 23rd, 2015 • Umpqua Holdings Corp • Savings institution, federally chartered • Oregon

This Employment Agreement (this “Agreement”) is entered into by and between Umpqua Holdings Corporation (“Umpqua”) and Ezra Eckhardt (“Officer”), as of September 11, 2013 and shall become effective upon the closing date (the “Effective Date”) of the merger (the “Merger”) contemplated by the agreement and plan of merger by and between Sterling Financial Corporation (“Sterling”) and Umpqua, dated as of September 11, 2013 (the “Merger Agreement”). In the event that the Merger does not close, this Agreement shall be null and void ab initio.

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AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • February 23rd, 2015 • Umpqua Holdings Corp • Savings institution, federally chartered

This Amendment to Employment Agreement (this “Amendment”) is by and between Umpqua Holdings Corporation (“Umpqua”) and Cort O’Haver (“Officer”), dated effective as of December 1, 2014.

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