0001564590-18-020533 Sample Contracts

FORM OF AWARD AGREEMENT Under The Barrett Business Services, Inc. NON-EMPLOYEE DIRECTOR RESTRICTED STOCK UNITS
Award Agreement • August 8th, 2018 • Barrett Business Services Inc • Services-help supply services

This Non-Employee Director Restricted Stock Units Award Agreement (this “Agreement”), effective as of the date indicated below, evidences the grant of Restricted Units (“RSUs”) to Participant under Article 9 of the Barrett Business Services, Inc., 2015 Stock Incentive Plan (the “Plan”).

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AMENDED AND RESTATED STANDBY LETTER OF CREDIT AGREEMENT (CREDIT AGREEMENT/LOAN AGREEMENT VERSION)
Letter of Credit Agreement • August 8th, 2018 • Barrett Business Services Inc • Services-help supply services

THIS AMENDED AND RESTATED STANDBY LETTER OF CREDIT AGREEMENT (this “Agreement”) is by and between/among the undersigned (individually and collectively, “Applicant”; jointly and severally, if more than one) and to induce Wells Fargo Bank, National Association and/or any of its branches or affiliates (individually and collectively, “Bank”), in its sole discretion, to issue one or more Credits (as defined below) at the request of Applicant and for the account of Applicant named in the Application (as defined below), Applicant agrees that the following terms and conditions of this Agreement shall apply to any Credit:

FORM OF AWARD AGREEMENT Under The Barrett Business Services, Inc. PERFORMANCE SHARE AWARD (Executive Officer)
Award Agreement • August 8th, 2018 • Barrett Business Services Inc • Services-help supply services

This Performance Share Award Agreement (this “Agreement”) , effective as of the date indicated below, evidences the grant of Performance Shares (“Performance Shares”) to Participant under Article 10 of the Barrett Business Services, Inc., 2015 Stock Incentive Plan (the “Plan”).

AMENDED AND RESTATED SECURITY AGREEMENT: BUSINESS ASSETS
Security Agreement • August 8th, 2018 • Barrett Business Services Inc • Services-help supply services • Oregon

This Agreement amends and restates in its entirety (i) that certain Continuing Security Agreement: Rights to Payment and Inventory dated September 18, 2012, executed by Debtor in favor of Bank and (ii) that certain Security Agreement: Equipment dated September 18, 2012, executed by Debtor in favor of Bank (collectively, the “Prior Agreements”). THE EXECUTION OF THIS AGREEMENT DOES NOT EXTINGUISH THE OBLIGATIONS OUTSTANDING IN CONNECTION THEREWITH. NOTHING CONTAINED HEREIN SHALL TERMINATE ANY SECURITY INTERESTS, GUARANTIES, SUBORDINATIONS OR OTHER RIGHTS IN FAVOR OF BANK OR DOCUMENTS EXECUTED IN CONNECTION WITH THE PRIOR AGREEMENTS OR THE OBLIGATIONS AND INDEBTEDNESS DESCRIBED THEREIN, ALL OF WHICH SHALL REMAIN IN FULL FORCE AND EFFECT UNLESS EXPRESSLY AMENDED HEREBY. ANY REFERENCE IN THE LOAN DOCUMENTS TO A SECURITY AGREEMENT SHALL BE DEEMED TO INCLUDE A REFERENCE TO THIS AGREEMENT, AS AMENDED FROM TIME TO TIME.

THIRD AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT
Credit Agreement • August 8th, 2018 • Barrett Business Services Inc • Services-help supply services

THIS AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is entered into as of July 1, 2018, by and between BARRETT BUSINESS SERVICES, INC., a Maryland corporation (“Borrower”), and WELLS FARGO BANK, NATIONAL ASSOCIATION (“Bank”).

FORM OF AWARD AGREEMENT Under The Barrett Business Services, Inc. EMPLOYEE RESTRICTED STOCK UNITS (Executive Officer)
Award Agreement • August 8th, 2018 • Barrett Business Services Inc • Services-help supply services

This Employee Restricted Stock Units Award Agreement (this "Agreement"), effective as of the date indicated below, evidences the grant of Restricted Units ("RSUs") to Participant under Article 9 of the Barrett Business Services, Inc., 2015 Stock Incentive Plan (the "Plan").

FORM OF AWARD AGREEMENT Under The Barrett Business Services, Inc. EMPLOYEE NONQUALIFIED STOCK OPTION
Award Agreement • August 8th, 2018 • Barrett Business Services Inc • Services-help supply services

This Award Agreement (this "Agreement"), effective as of the Grant Date indicated below, evidences the grant of a Nonqualified Option (the "Option") to Participant under the Barrett Business Services, Inc., 2015 Stock Incentive Plan (the "Plan").

THIRD PARTY SECURITY AGREEMENT: BUSINESS ASSETS
Third Party Security Agreement • August 8th, 2018 • Barrett Business Services Inc • Services-help supply services • Oregon
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