Amendment to Executive Officer Employment Agreement between Umpqua Holdings Corporation and Officer

Contract Categories: Human Resources › Employment Agreements
Summary

Umpqua Holdings Corporation and the named executive officer have agreed to extend the officer's employment agreement, which was originally set to expire on December 31, 2019. With this amendment, the agreement will now continue until December 31, 2024, unless it is terminated earlier according to its terms. All other provisions of the original employment agreement remain unchanged.

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EX-10.1 2 umpq-20190630xex101.htm FORM AMENDMENT TO EXECUTIVE OFFICER EMPLOYMENT AGREEMENTS Exhibit


AMENDMENT TO
EMPLOYMENT AGREEMENT

This Amendment to Employment Agreement (the “Amendment”) is dated effective July 18, 2019 and amends the Employment Agreement by and between Umpqua Holdings Corporation and the undersigned officer (as previously amended, the “Employment Agreement”).

1.    The purpose of this Amendment is to extend the term of the Employment Agreement, which is set to expire December 31, 2019.

2    The duration of the Employment Agreement is hereby amended and extended to December 31, 2024, unless sooner terminated as set forth in the Employment Agreement.

3.    Except as specifically set forth herein, the Employment Agreement shall continue in full force and effect as written.

UMPQUA HOLDINGS CORPORATION

By:
 
Name:
 
Title:
 
 
 
OFFICER
 
 
 
 
Name:
 
 
 
 
 





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