0001193125-08-038852 Sample Contracts

SECOND AMENDMENT TO TERMS OF EMPLOYMENT AND SEVERANCE AGREEMENT
Terms of Employment and Severance Agreement • February 26th, 2008 • Umpqua Holdings Corp • Savings institution, federally chartered • Oregon

This Second Amendment (the “Amendment”) is dated effective June 1, 2007 and further amends the Terms of Employment and Severance Agreement by and between Umpqua Holdings Corporation (“Umpqua”) and Daniel A. Sullivan (“Officer”) dated as of September 15, 2003 and as amended by that certain Amendment to Terms of Employment and Severance Agreement dated January 5, 2005 (the “Employment Agreement”).

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