2,325,000 Shares SIERRA BANCORP Common Stock (no par value) Placement Agency AgreementPlacement Agency Agreement • October 14th, 2010 • Sierra Bancorp • State commercial banks • New York
Sierra Bancorp, a California corporation (the “Company”), proposes, subject to the terms and conditions contained herein, to issue and sell 2,325,000 shares (the “Shares”) of common stock, no par value (the “Common Stock”), directly to certain investors (collectively, the “Investors”). The Company desires to engage you as its placement agent (the “Placement Agent”) in connection with such issuance and sale of the Shares in a registered direct offering under the Registration Statement (as hereinafter defined). The Shares are more fully described in the Registration Statement.
PURCHASE AGREEMENTPurchase Agreement • October 14th, 2010 • Sierra Bancorp • State commercial banks • California
Please confirm that the foregoing correctly sets forth the agreement between us by signing in the space provided below for that purpose.
