0000887343-23-000072 Sample Contracts

AMENDED & RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • February 24th, 2023 • Columbia Banking System, Inc. • State commercial banks

This AMENDED & RESTATED EMPLOYMENT AGREEMENT (this “Agreement”), dated as of October 11, 2021, by and between Columbia State Bank, a Washington banking corporation (“Columbia Bank”), together with Columbia Banking System, Inc., a Washington corporation (“CBSI”) and, as applicable, its subsidiaries and affiliates (Columbia Bank, CBSI and their subsidiaries, collectively, the “Company”) and Clint E. Stein (the “Executive”). Capitalized terms used but not defined in this Agreement have the meanings ascribed to them in the Agreement and Plan of Merger by and among Umpqua Holdings Corporation, CBSI and Cascade Merger Sub, Inc., dated as of October 11, 2021.

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AMENDMENT NO. 1 TO THE EMPLOYMENT AGREEMENT AND THE A&R EMPLOYMENT AGREEMENT
Employment Agreement • February 24th, 2023 • Columbia Banking System, Inc. • State commercial banks

This AMENDMENT NO. 1 (this “Amendment”), effective as of December 31, 2022, to the Employment Agreement dated as of September 30, 2019 (the “Employment Agreement”), by and among Columbia State Bank, a Washington banking corporation (“Columbia Bank”), together with Columbia Banking System, Inc., a Washington corporation (“CBSI”), and, as applicable, its subsidiaries and affiliates (Columbia Bank, CBSI and their subsidiaries, collectively, the “Company”) and Clint E. Stein (the “Executive”), and to the Amended and Restated Employment Agreement, dated as of October 11, 2021, by and between Columbia Bank, CSBI and the Executive (the “A&R Employment Agreement”), is made and entered into by and among Columbia Bank, CBSI and the Executive. Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Employment Agreement.

COLUMBIA BANKING SYSTEM, INC. PERFORMANCE STOCK UNIT AGREEMENT
Performance Stock Unit Agreement • February 24th, 2023 • Columbia Banking System, Inc. • State commercial banks • Washington

THIS PERFORMANCE STOCK UNIT AGREEMENT (“Agreement”) is entered into by and between Columbia Banking System, Inc. (“Company”) and ______________ (“Grantee”).

COLUMBIA BANKING SYSTEM, INC. RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • February 24th, 2023 • Columbia Banking System, Inc. • State commercial banks • Washington

THIS RESTRICTED STOCK AGREEMENT (“Agreement”) is entered into by and between Columbia Banking System, Inc. (“Company”) and ______________ (“Grantee”).

COLUMBIA BANKING SYSTEM, INC. RESTRICTED STOCK UNIT AGREEMENT
Restricted Stock Unit Agreement • February 24th, 2023 • Columbia Banking System, Inc. • State commercial banks • Washington

THIS RESTRICTED STOCK UNIT AGREEMENT (“Agreement”) is entered into by and between Columbia Banking System, Inc. (“Company”) and ______________ (“Grantee”).

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