Waiver of Executive Compensation Agreement Sample Contracts

WAIVER OF EXECUTIVE COMPENSATION AGREEMENT
Waiver of Executive Compensation Agreement • November 21st, 2008 • Columbia Banking System Inc • State commercial banks

This Waiver of Executive Compensation Agreement (the “Agreement”) is made and entered into as of November 21, 2008 (the “Effective Date”) between COLUMBIA BANKING SYSTEM, INC., a Washington corporation (“CBSI”), COLUMBIA STATE BANK, a Washington state-chartered bank (“CB” and collectively with CBSI, the “Company”) and (“Executive”).

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