Document:

Supplemental Executive Retirement Plan Agreement

 Exhibit 10.1 
 INLAND NORTHWEST BANK 
 SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT 
 THIS SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT (this “Agreement”) is made and
entered into this 29th day of August, 2008, to be effective, however, as of January 1, 2008, by and between INLAND NORTHWEST BANK, a
Washington-state chartered commercial bank having a place of business at 421 West Riverside Avenue, Spokane, Washington 99201 (the “Bank”), and RANDALL L. FEWEL, an individual residing at 1828 W. Riverside Ave., Unit 101, Spokane, WA 99201
(the “Executive”). 
 The purpose of this Agreement is to provide specified benefits to the Executive, a member of a select group
of management or highly compensated employees who contribute materially to the continued growth, development and future business success of the Bank. This Agreement shall be unfunded for tax purposes and for purposes of Title I of the Employee
Retirement Income Security Act of 1974 (“ERISA”), as amended from time to time. 
 Article 1 
 Definitions 
 Whenever used in this
Agreement, the following words and phrases shall have the meanings specified: 
  

	1.1	“Accrual Balance” means the liability that should be accrued by the Bank, under Generally Accepted Accounting Principles (“GAAP”), for the Bank’s
obligation to the Executive under this Agreement, by applying Accounting Principles Board Opinion Number 12 (“APB 12”) as amended by Statement of Financial Accounting Standards Number 106 (“FAS 106”) and the Discount Rate. Any
one of a variety of amortization methods may be used to determine the Accrual Balance. However, once chosen, the method must be consistently applied. 

  

	1.2	“Beneficiary” means each designated person or entity, or the estate of the deceased Executive, entitled to any benefits upon the death of the Executive pursuant to
Article 4. 

  

	1.3	“Beneficiary Designation Form” means the form established from time to time by the Plan Administrator that the Executive completes, signs and returns to the Plan
Administrator to designate one or more Beneficiaries. 

  

	1.4	“Board” means the Board of Directors of the Bank as from time to time constituted. 

  

	1.5	“Change in Control” means a change in the ownership or effective control of the Bank, or in the ownership of a substantial portion of the assets of the Bank, as
such change is defined in Code Section 409A. 

  

	1.6	“Code” means the Internal Revenue Code of 1986, as amended, and all regulations and guidance thereunder, including such regulations and guidance as may be
promulgated after the Effective Date of this Agreement. 

  

	1.7	 “Disability” means the Executive: (i) is unable to engage in any substantial gainful activity by reason of any medically determinable physical
or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than twelve (12) months; or (ii) is, by reason of any medically determinable physical or mental impairment which
can be expected to result in death or can be expected to last for a continuous period of not less than 

  

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twelve (12) months, receiving income replacement benefits for a period of not less than three (3) months under an accident and health plan covering
employees or directors of the Bank. Medical determination of disability may be made by either the Social Security Administration or by the provider of an accident or health plan covering employees or directors of the Bank, provided that the
definition of “disability” applied under such insurance program complies with the requirements of the preceding sentence. Upon the request of the Plan Administrator, the Executive must submit proof to the Plan Administrator of the Social
Security Administration’s or the provider’s determination. 

  

	1.8	“Discount Rate” means the rate used by the Plan Administrator for determining the Accrual Balance. The initial Discount Rate is six percent (6%). However, the Plan
Administrator, in its discretion, may adjust the Discount Rate to maintain the rate within reasonable standards according to GAAP and/or applicable bank regulatory guidance. 

  

	1.9	“Early Termination” means Separation from Service before Normal Retirement Age except when such Separation from Service occurs (i) following a Change in
Control; (ii) due to death, (iii) Termination for Cause, or (iv) Disability. 

  

	1.10	“Effective Date” means January 1, 2008. 

  

	1.11	“Employment Agreement” means the Employment Agreement between the Bank and the Executive effective January 8, 2003, as it may be amended from time to time.

  

	1.12	“Normal Retirement Age” means the Executive attaining age sixty five (65). 

  

	1.13	“Normal Retirement Date” means the Executive attaining the Normal Retirement Age. 

  

	1.14	“Plan Administrator” means the Board or such committee or person as the Board shall appoint. 

  

	1.15	“Plan Year” means each twelve (12) month period commencing on January 1 and ending on December 31 of each year. The initial Plan Year shall commence
on the Effective Date of this Agreement and end on the following December 31. 

  

	1.16	“Separation from Service” means the termination of the Executive’s employment with the Bank for reasons other than death. Whether a Separation from Service
takes place is determined in accordance with the requirements of Code Section 409A based on the facts and circumstances surrounding the termination of the Executive’s employment and whether the Bank and the Executive intended for the
Executive to provide significant services for the Bank following such termination. A Separation from Service will not have occurred if: 

  

	 	(a)	the Executive continues to provide services as an employee of the Bank at an annual rate that is twenty percent (20%) or more of the services rendered, on average, during the
immediately preceding three (3) full calendar years of employment (or, if employed less than three (3) years, such lesser period) and the annual remuneration for such services is twenty percent (20%) or more of the average annual
remuneration earned during the final three (3) full calendar years of employment (or, if less, such lesser period), or 

  

	 	(b)	the Executive continues to provide services to the Bank in a capacity other than as an employee of the Bank at an annual rate that is fifty percent (50%) or more of the
services rendered, on average, during the immediately preceding three (3) full calendar years of employment (or if employed less than three (3) years, such lesser period) and the annual remuneration for such services is fifty percent
(50%) or more of the average annual remuneration earned during the final three (3) full calendar years of employment (or if less, such lesser period). 

  

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 The Executive’s employment relationship will be treated as continuing intact while the Executive is on military
leave, sick leave or other bona fide leave of absence if the period of such leave of absence does not exceed six (6) months, or if longer, so long as the Executive’s right to reemployment with the Bank is provided either by statute or by
contract. If the period of leave exceeds six (6) months and there is no right to reemployment, a Separation from Service will be deemed to have occurred as of the first date immediately following such six (6) month period. 
  

	1.17	“Specified Employee” means a key employee (as defined in Code Section 416(i) without regard to paragraph 5 thereof) of the Bank if any stock of the Bank or any
entity required to be aggregated with the Bank under Section 414(b) or Section 414(c) of the Code is publicly traded on an established securities market or otherwise, as determined by the Plan Administrator based on the twelve
(12) month period ending each December 31 (the “identification period”). If the Executive is determined to be a Specified Employee for an identification period, the Executive shall be treated as a Specified Employee for purposes
of this Agreement during the twelve (12) month period that begins on the first day of the fourth month following the close of the identification period. 

  

	1.18	“Termination for Cause” means Separation from Service resulting from the termination of the Executive’s employment for Cause as defined in the Executive’s
Employment Agreement. 

 Article 2 
 Distributions During Lifetime 
  

	2.1	Normal Retirement Benefit. Upon the Normal Retirement Date, the Bank shall distribute to the Executive the benefit described in this Section 2.1 in lieu of any other
benefit under this Article. 

  

	 	2.1.1	Amount of Benefit. The annual benefit under this Section 2.1 is Forty-Eight Thousand Dollars ($48,000). 

  

	 	2.1.2	Distribution of Benefit. The Bank shall distribute the annual benefit to the Executive in twelve (12) equal monthly installments commencing on the first day of the month
following the Executive attaining Normal Retirement Age. The annual benefit shall be distributed to the Executive for one hundred twenty (120) consecutive months. 

  

	2.2	Early Termination Benefit. If Early Termination occurs, the Bank shall distribute to the Executive the benefit described in this Section 2.2 in lieu of any other benefit
under this Article. 

  

	 	2.2.1	Amount of Benefit. The benefit under this Section 2.2 is the Accrual Balance determined as of the end of the month preceding Separation from Service.

  

	 	2.2.2	Distribution of Benefit. The Bank shall distribute the benefit to the Executive in a lump sum as soon as administratively practicable following Separation from Service.

  

	2.3	Disability Benefit. If the Executive experiences a Disability which results in a Separation from Service prior to Normal Retirement Age, the Bank shall distribute to the
Executive the benefit described in this Section 2.3 in lieu of any other benefit under this Article. 

  

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	 	2.3.1	Amount of Benefit. The benefit under this Section 2.3 is the Accrual Balance determined as of the end of the month preceding Separation from Service.

  

	 	2.3.2	Distribution of Benefit. The Bank shall distribute the benefit to the Executive in a lump sum as soon as administratively practicable following Separation from Service.

  

	2.4	Change in Control Benefit. If a Change in Control occurs, the Bank shall distribute to the Executive the benefit described in this Section 2.4 in lieu of any other
benefit under this Article. 

  

	 	2.4.1	Amount of Benefit. The benefit under this Section 2.4 is the net present value of the Normal Retirement Benefit set forth at Section 2.1.1 as of the date of the
Change in Control using the Discount Rate. 

  

	 	2.4.2	Distribution of Benefit. The Bank shall distribute the benefit calculated in Section 2.4.1 to the Executive in a lump sum as soon as administratively practicable
following the Change in Control. 

  

	 	2.4.3	Assumption of Agreement. Anything in this Agreement to the contrary notwithstanding, in the event of a Change in Control and to the extent permitted by applicable law, any
surviving corporation may assume this Agreement. To the extent the surviving corporation assumes this Agreement, the Executive will not be entitled to any payments under this Section 2.4. 

  

	 	2.4.4	280G Limits. Anything in this Agreement to the contrary notwithstanding, in the event that the Bank’s independent public accountants determine that any payment by the
Bank to or for the benefit of the Executive, whether paid or payable pursuant to the terms of this Agreement or pursuant to any other agreement, would be nondeductible by the Bank for federal income tax purposes because of Section 280G of the
Code, then the amount payable to or for the benefit of the Executive pursuant to this Agreement shall be reduced (but not below zero) to the Reduced Amount. For purposes of this Section 2.4.4, the “Reduced Amount” shall be the amount
which maximizes the amount payable without causing the payment to be nondeductible by the Bank because of Section 280G of the Code. 

  

	2.5	Restriction on Commencement of Distributions. Notwithstanding any provision of this Agreement to the contrary, if the Executive is considered a Specified Employee at
Separation from Service, the provisions of this Section 2.5 shall govern all distributions hereunder other than the distributions under Section 2.1. Benefit distributions other than the distributions under Section 2.1 that are made
due to a Separation from Service occurring while the Executive is a Specified Employee shall not be made during the first six (6) months following Separation from Service. Rather, any distribution which would otherwise be paid to the Executive
during such period shall be accumulated and paid to the Executive in a lump sum on the first day of the seventh month following the Separation from Service. All subsequent distributions shall be paid in the manner specified.

  

	2.6	Distributions Upon Income Inclusion Under Code Section 409A. If any amount is required to be included in income by the Executive prior to receipt due to a failure of
this Agreement to meet the requirements of Code Section 409A, the Executive may petition the Plan Administrator for a distribution of that portion of the amount the Bank has accrued with respect to the Bank’s obligations hereunder that is
required to be included in the Executive’s income. Upon the grant of such a petition, which grant shall not be unreasonably withheld, the Bank shall distribute to the Executive immediately available funds in an amount equal to the portion of
the amount the Bank has accrued with respect to the Bank’s obligations hereunder required to be included in income as a result of the failure of this Agreement to meet the requirements of Code Section 409A, within ninety (90) days.
Such a distribution shall affect and reduce the Executive’s benefits to be paid under this Agreement. 

  

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	2.7	Change in Form or Timing of Distributions. For distribution of benefits under this Article 2, the Executive and the Bank may, subject to the terms of Section 8.1, amend
this Agreement to delay the timing or change the form of distributions. Any such amendment: 

  

	 	(a)	may not accelerate the time or schedule of any distribution, except as provided in Code Section 409A; 

  

	 	(b)	must, for benefits distributable under Sections 2.1, 2.2 and 2.4, delay the commencement of distributions for a minimum of five (5) years from the date the first distribution
was originally scheduled to be made; and 

  

	 	(c)	must take effect not less than twelve (12) months after the amendment is made. 

 Article 3 
 Distribution at Death 
  

	3.1	Death During Active Service. If the Executive dies prior to attaining Normal Retirement Age, the Bank shall distribute to the Beneficiary the benefit described in this
Section 3.1. This benefit shall be distributed in lieu of any benefit under Article 2. 

  

	 	3.1.1	Amount of Benefit. The benefit under this Section 3.1 is the Accrual Balance determined as of the end of the month preceding the Executive’s death.

  

	 	3.1.2	Distribution of Benefit. The Bank shall distribute the benefit to the Beneficiary in a lump sum as soon as administratively practicable following receipt by the Bank of the
Executive’s death certificate. 

  

	3.2	Death During Distribution of a Benefit. If the Executive dies after any benefit distributions have commenced under this Agreement but before receiving all such distributions,
the Bank shall distribute to the Beneficiary the remaining benefits at the same time and in the same amounts they would have been distributed to the Executive had the Executive survived. 

  

	3.3	Death After Separation from Service But Before Benefit Distributions Commence. If the Executive is entitled to benefit distributions under this Agreement but dies prior to
the commencement of said benefit distributions, the Bank shall distribute to the Beneficiary the same benefits to which the Executive was entitled prior to death, except that the benefit distributions shall commence as soon as administratively
practicable following receipt by the Bank of the Executive’s death certificate. 

 Article 4 
 Beneficiaries 
  

	4.1	In General. The Executive shall have the right, at any time, to designate a Beneficiary to receive any benefit distributions under this Agreement upon the death of the
Executive. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other plan of the Bank in which the Executive participates. 

  

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	4.2	Designation. The Executive shall designate a Beneficiary by completing and signing the Beneficiary Designation Form and delivering it to the Plan Administrator or its
designated agent. If the Executive names someone other than the Executive’s spouse as a Beneficiary, the Plan Administrator may, in its sole discretion, determine that spousal consent is required to be provided in a form designated by the Plan
Administrator, executed by the Executive’s spouse and returned to the Plan Administrator. The Executive’s beneficiary designation shall be deemed automatically revoked if the Beneficiary predeceases the Executive or if the Executive names
a spouse as Beneficiary and the marriage is subsequently dissolved. The Executive shall have the right to change a Beneficiary by completing, signing and otherwise complying with the terms of the Beneficiary Designation Form and the Plan
Administrator’s rules and procedures. Upon the acceptance by the Plan Administrator of a new Beneficiary Designation Form, all Beneficiary designations previously filed shall be cancelled. The Plan Administrator shall be entitled to rely on the
last Beneficiary Designation Form filed by the Executive and accepted by the Plan Administrator prior to the Executive’s death. 

  

	4.3	Acknowledgment. No designation or change in designation of a Beneficiary shall be effective until received, accepted and acknowledged in writing by the Plan Administrator or
its designated agent. 

  

	4.4	No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the
Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, any benefit shall be paid to the personal representative of the Executive’s estate. 

  

	4.5	Facility of Distribution. If the Plan Administrator determines in its discretion that a benefit is to be distributed to a minor, to a person declared incompetent or to a
person incapable of handling the disposition of that person’s property, the Plan Administrator may direct distribution of such benefit to the guardian, legal representative or person having the care or custody of such minor, incompetent person
or incapable person. The Plan Administrator may require proof of incompetence, minority or guardianship as it may deem appropriate prior to distribution of the benefit. Any distribution of a benefit shall be a distribution for the account of the
Executive and the Beneficiary, as the case may be, and shall completely discharge any liability under this Agreement for such distribution amount. 

 Article 5 
 General Limitations 
  

	5.1	Termination for Cause. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement if the Executive’s
employment with the Bank is terminated due to a Termination for Cause. 

  

	5.2	Removal. Notwithstanding any provision of this Agreement to the contrary, the Bank shall not distribute any benefit under this Agreement if the Executive is subject to a
final removal or prohibition order issued by an appropriate federal banking agency pursuant to Section 8(e) of the Federal Deposit Insurance Act. 

  

	5.3	Noncompetition Forfeiture. During the term that any benefits are payable under this Agreement, if the Executive directly or indirectly, as principal, agent, officer,
director, employee, consultant or otherwise, alone or in association with any other person, firm, corporation or other business organization carries on or is engaged in, concerned or takes part in, or renders services to any firm, corporation, or
other business organization which is in direct competition with the Bank or its successor, in a business area within a radius of one hundred (100) miles from the Bank’s headquarters in Spokane, Washington, the Executive shall forfeit any
nondistributed benefits under this Agreement. 

  

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 Article 6 
 Administration of Agreement 
  

	6.1	Plan Administrator Duties. The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to
(i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection
with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A. 

  

	6.2	Agents. In the administration of this Agreement, the Plan Administrator may employ agents and delegate to them such administrative duties as the Plan Administrator sees fit,
including acting through a duly appointed representative, and may from time to time consult with counsel who may be counsel to the Bank. 

  

	6.3	Binding Effect of Decisions. Any decision or action of the Plan Administrator with respect to any question arising out of or in connection with the administration,
interpretation or application of this Agreement and the rules and regulations promulgated hereunder shall be final and conclusive and binding upon all persons having any interest in this Agreement. 

  

	6.4	Indemnity of Plan Administrator. The Bank shall indemnify and hold harmless the Plan Administrator against any and all claims, losses, damages, expenses or liabilities
arising from any action or failure to act with respect to this Agreement, except in the case of willful misconduct by the Plan Administrator. 

  

	6.5	Bank Information. To enable the Plan Administrator to perform its functions, the Bank shall supply full and timely information to the Plan Administrator on all matters
relating to the date and circumstances of the death, Disability or Separation from Service of the Executive, and such other pertinent information as the Plan Administrator may reasonably require. 

 Article 7 
 Claims And Review
Procedures 
  

	7.1	Claims Procedure. An Executive or Beneficiary (“claimant”) who has not received benefits under this Agreement that he or she believes should be distributed shall
make a claim for such benefits as follows: 

  

	 	7.1.1	Initiation - Written Claim. The claimant initiates a claim by submitting to the Plan Administrator a written claim for the benefits. If such a claim relates to the contents
of a notice received by the claimant, the claim must be made within sixty (60) days after such notice was received by the claimant. All other claims must be made within one hundred eighty (180) days of the date on which the event that
caused the claim to arise occurred. The claim must state with particularity the determination desired by the claimant. 

  

	 	7.1.2	 Timing of Plan Administrator Response. The Plan Administrator shall respond to such claimant within ninety (90) days after receiving the claim. If the
Plan Administrator determines that special circumstances require additional time for processing the claim, the Plan Administrator can extend the response period by an additional ninety (90) days by 

  

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notifying the claimant in writing, prior to the end of the initial ninety (90) day period, that an additional period is required. The notice of
extension must set forth the special circumstances and the date by which the Plan Administrator expects to render its decision. 

  

	 	7.1.3	Notice of Decision. If the Plan Administrator denies part or all of the claim, the Plan Administrator shall notify the claimant in writing of such denial. The Plan
Administrator shall write the notification in a manner calculated to be understood by the claimant. The notification shall set forth: 

  

	 	(a)	The specific reasons for the denial; 

  

	 	(b)	A reference to the specific provisions of this Agreement on which the denial is based; 

  

	 	(c)	A description of any additional information or material necessary for the claimant to perfect the claim and an explanation of why it is needed; 

  

	 	(d)	An explanation of this Agreement’s review procedures and the time limits applicable to such procedures; and 

  

	 	(e)	A statement of the claimant’s right to bring a civil action under ERISA Section 502(a) following an adverse benefit determination on review. 

  

	7.2	Review Procedure. If the Plan Administrator denies part or all of the claim, the claimant shall have the opportunity for a full and fair review by the Plan Administrator of
the denial as follows: 

  

	 	7.2.1	Initiation - Written Request. To initiate the review, the claimant, within sixty (60) days after receiving the Plan Administrator’s notice of denial, must file with
the Plan Administrator a written request for review. 

  

	 	7.2.2	Additional Submissions - Information Access. The claimant shall then have the opportunity to submit written comments, documents, records and other information relating to the
claim. The Plan Administrator shall also provide the claimant, upon request and free of charge, reasonable access to, and copies of, all documents, records and other information relevant (as defined in applicable ERISA regulations) to the
claimant’s claim for benefits. 

  

	 	7.2.3	Considerations on Review. In considering the review, the Plan Administrator shall take into account all materials and information the claimant submits relating to the claim,
without regard to whether such information was submitted or considered in the initial benefit determination. 

  

	 	7.2.4	Timing of Plan Administrator Response. The Plan Administrator shall respond in writing to such claimant within sixty (60) days after receiving the request for review. If
the Plan Administrator determines that special circumstances require additional time for processing the claim, the Plan Administrator can extend the response period by an additional sixty (60) days by notifying the claimant in writing, prior to
the end of the initial sixty (60) day period, that an additional period is required. The notice of extension must set forth the special circumstances and the date by which the Plan Administrator expects to render its decision.

  

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	 	7.2.5	Notice of Decision. The Plan Administrator shall notify the claimant in writing of its decision on review. The Plan Administrator shall write the notification in a manner
calculated to be understood by the claimant. The notification shall set forth: 

  

	 	(a)	The specific reasons for the denial; 

  

	 	(b)	A reference to the specific provisions of this Agreement on which the denial is based; 

  

	 	(c)	A statement that the claimant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records and other information relevant (as
defined in applicable ERISA regulations) to the claimant’s claim for benefits; and 

  

	 	(d)	A statement of the claimant’s right to bring a civil action under ERISA Section 502(a). 

 Article 8 
 Amendments and Termination 
  

	8.1	Amendments. This Agreement may be amended only by a written agreement signed by the Bank and the Executive. However, the Bank may unilaterally amend this Agreement to conform
with written directives to the Bank from its auditors or banking regulators or to comply with legislative changes or tax law, including without limitation Code Section 409A. 

  

	8.2	Plan Termination Generally. This Agreement may be terminated only by a written agreement signed by the Bank and the Executive. The benefit shall be the Accrual Balance as of
the date this Agreement is terminated if the termination of this Agreement occurs prior to the Executive attaining Normal Retirement Age. If the date this Agreement is terminated occurs after the Executive attains Normal Retirement Age, the benefit
shall be the net present value of the remaining payments based on the Discount Rate as of the date the Agreement is terminated. Except as provided in Section 8.3, the termination of this Agreement shall not cause a distribution of benefits
under this Agreement. Rather, upon such termination benefit distributions will be made at the earliest distribution event permitted under Article 2 or Article 3. 

  

	8.3	Plan Terminations Under Code Section 409A. Notwithstanding anything to the contrary in Section 8.2, if the Bank terminates this Agreement in the following
circumstances: 

  

	 	(a)	Within thirty (30) days before or twelve (12) months after a Change in Control, provided that all distributions are made no later than twelve (12) months following
such termination of this Agreement and further provided that all the Bank’s arrangements which are substantially similar to this Agreement are terminated so the Executive and all participants in the similar arrangements are required to receive
all amounts of compensation deferred under the terminated arrangements within twelve (12) months of such termination; 

  

	 	(b)	Upon the Bank’s dissolution or with the approval of a bankruptcy court provided that the amounts deferred under this Agreement are included in the Executive’s gross income
in the latest of (i) the calendar year in which this Agreement terminates; (ii) the calendar year in which the amount is no longer subject to a substantial risk of forfeiture; or (iii) the first calendar year in which the distribution
is administratively practical; or 

  

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	 	(c)	Upon the Bank’s termination of this and all other nonaccount balance plans (as referenced in Code Section 409A), provided that all distributions are made no earlier than
twelve (12) months and no later than twenty-four (24) months following such termination, and the Bank does not adopt any new nonaccount balance plans for a minimum of five (5) years following the date of such termination;

 the Bank may distribute the Accrual Balance, determined as of the date of the termination of this Agreement, to the Executive
in a lump sum subject to the above terms. 
 Article 9 
 Miscellaneous 
  

	9.1	Binding Effect. This Agreement shall bind the Executive and the Bank and their beneficiaries, survivors, executors, administrators and transferees. 

 

	9.2	No Guarantee of Employment. This Agreement is not a contract for employment. It does not give the Executive the right to remain as an employee of the Bank nor interfere with
the Bank’s right to discharge the Executive. It does not require the Executive to remain an employee nor interfere with the Executive’s right to terminate employment at any time. 

  

	9.3	Nontransferability. Benefits under this Agreement cannot be sold, transferred, assigned, pledged, attached or encumbered in any manner. 

  

	9.4	Tax Withholding and Reporting. The Bank shall withhold any taxes that are required to be withheld, including but not limited to taxes owed under Code Section 409A from
the benefits provided under this Agreement. The Executive acknowledges that the Bank’s sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing authorities. The Bank shall satisfy all applicable reporting
requirements, including those under Code Section 409A. 

  

	9.5	Applicable Law. This Agreement and all rights hereunder shall be governed by the laws of the State of Washington, except to the extent preempted by the laws of the United
States of America. 

  

	9.6	Unfunded Arrangement. The Executive and the Beneficiary are general unsecured creditors of the Bank for the distribution of benefits under this Agreement. The benefits
represent the mere promise by the Bank to distribute such benefits. The rights to benefits are not subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, attachment or garnishment by creditors. Any
insurance on the Executive’s life or other informal funding asset is a general asset of the Bank to which the Executive and Beneficiary have no preferred or secured claim. 

  

	9.7	Reorganization. The Bank shall not merge or consolidate into or with another bank, or reorganize, or sell substantially all of its assets to another bank, firm or person
unless such succeeding or continuing bank, firm or person agrees to assume and discharge the obligations of the Bank under this Agreement. Upon the occurrence of such an event, the term “Bank” as used in this Agreement shall be deemed to
refer to the successor or survivor entity. 

  

	9.8	Entire Agreement. This Agreement constitutes the entire agreement between the Bank and the Executive as to the subject matter hereof. No rights are granted to the Executive
by virtue of this Agreement other than those specifically set forth herein. 

  

	9.9	Interpretation. Wherever the fulfillment of the intent and purpose of this Agreement requires and the context will permit, the use of the masculine gender includes the
feminine and use of the singular includes the plural. 

  

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	9.10	Alternative Action. In the event it shall become impossible for the Bank or the Plan Administrator to perform any act required by this Agreement due to regulatory or other
constraints, the Bank or Plan Administrator may perform such alternative act as most nearly carries out the intent and purpose of this Agreement and is in the best interests of the Bank, provided that such alternative act does not violate Code
Section 409A. 

  

	9.11	Headings. Article and section headings are for convenient reference only and shall not control or affect the meaning or construction of any provision herein.

  

	9.12	Validity. If any provision of this Agreement shall be illegal or invalid for any reason, said illegality or invalidity shall not affect the remaining parts hereof, but this
Agreement shall be construed and enforced as if such illegal or invalid provision had never been included herein. 

  

	9.13	Notice. Any notice given or election made under this Agreement must be in writing and delivered or mailed by certified mail, to the Bank or to the Executive or Beneficiary as
appropriate. The Bank will prescribe the form on which any notice or election under this Agreement is to be given or made by the Executive or Beneficiary. Any notice or election will be deemed given as of the date of delivery, or if given by
certified mail, as of three (3) business days after mailing. 

  

	9.14	Deduction Limitation on Benefit Payments. If the Bank reasonably anticipates that the Bank’s deduction with respect to any distribution under this Agreement would be
limited or eliminated by application of Code Section 162(m), then to the extent deemed necessary by the Bank to ensure that the entire amount of any distribution from this Agreement is deductible, the Bank may delay payment of any amount
that would otherwise be distributed under this Agreement. The delayed amounts shall be distributed to the Executive (or the Beneficiary in the event of the Executive’s death) at the earliest date the Bank reasonably anticipates that
the deduction of the payment of the amount will not be limited or eliminated by application of Code Section 162(m). 

  

	9.15	Compliance with Section 409A. This Agreement shall be interpreted and administered consistent with Code Section 409A. 

 IN WITNESS WHEREOF, the Executive and a duly authorized representative of the Bank have signed this Agreement. 
  

									
	EXECUTIVE	 		 	INLAND NORTHWEST BANK
			
	  /s/ Randall L. Fewel	 		 	/s/ William E. Shelby
	  Randall L. Fewel	 		 	By:	 	William E. Shelby
		 		 		 	Its:	 	Chairman of the Board

  

 11Amendment of Stock Option Agrmt and Stock Option Repayment Agrmt-Guy Gecht

 EXHIBIT 10.1 
 ELECTRONICS FOR IMAGING, INC. 
 AMENDMENT OF STOCK OPTION AGREEMENT AND 
 STOCK OPTION REPAYMENT AGREEMENT 
 THIS AMENDMENT OF STOCK
OPTION AGREEMENT AND STOCK OPTION REPAYMENT AGREEMENT (the “Agreement”) is entered into as of this 29th day of August, 2008 (the “Effective Date”), between Guy Gecht (“Optionee”) and Electronics For Imaging, Inc., a
Delaware corporation (the “Company”). 
 RECITALS 
 WHEREAS, the Optionee has previously been granted certain options to purchase the Company’s common stock (the “Stock Options”), as set
forth on Exhibit A attached hereto; and 
 WHEREAS, the parties wish to amend each stock option agreement and/or grant notice
evidencing a Stock Option (each an “Option Agreement”) pursuant to the terms and conditions set forth below, and to provide for the repayment of certain gains from prior stock option exercises. 
 AGREEMENT 
 1.
Exercise Price. Notwithstanding anything in any Option Agreement to the contrary, the per share exercise price of each Stock Option shall be equal to, and in no event shall at any time be less than, the fair market value of a share of the
Company’s common stock on the “measurement date” for such grant as determined by the Company for purposes of financial accounting and reporting under APB 25, FAS 123 or FAS 123(R), as applicable (the “Corrected Grant Date”),
and each such Stock Option shall be and hereby is amended to the extent necessary to reflect such exercise price, as set forth on Exhibit A attached hereto. 
 2. Repayment of Certain Prior Option Gains. The Optionee shall remit to the Company a payment in the amount of $678,107, representing the after-tax excess of the fair market value, as of the Corrected Grant
Date, of the Company’s common stock over the aggregate exercise price for the stock option grants which the Optionee received in his current role with the Company and has exercised prior to the Effective Date. The repayment shall be made by
surrendering outstanding stock options with a value as determined below. 
 The grant dates, amounts and value of the options to be
surrendered and cancelled shall be reflected in an Exhibit B to be attached hereto (the “Surrendered Options”). The value of the Surrendered Options for this purpose shall equal the Hull-White values set forth in the valuation
report of Ernst & Young as of March 19, 2008, which have been calculated based on the Corrected Grant Date for all such options. If any unvested options are used for this purpose, and Optionee’s employment with the Company is
terminated prior to the time such options would have vested in full, Optionee hereby agrees to pay to the Company an amount in cash, or vested options as determined by their Hull-White values set forth in the valuation report referred to above,
equal to the value imputed under Exhibit B to any Surrendered Options that would not have vested by the time of termination. 

 3. No Double-Counting of Options Surrendered in Derivative Litigation. In no event may Optionee
credit against the repayment requirement set forth above the value of the 150,000 stock options that have been or will be forfeited under any settlement of the shareholder derivative litigation pending in Delaware Chancery Court with respect to the
Company’s historic stock option granting practices. 
 4. Continuation of Other Terms. Except as set forth herein, all other
terms and conditions of each Option Agreement shall remain in full force and effect. 
 5. Complete Agreement. This Agreement and the
Option Agreements together constitute the entire agreement between Optionee and the Company with respect to the exercise price of each Stock Option and the subject matter hereof and they are the complete, final and exclusive embodiment of their
agreement with regard to this subject matter. This Agreement is entered into without reliance on any promise or representation other than those expressly contained herein. 
 6. Further Assurances. The Optionee agrees to promptly take, or cause to be taken and to do, or cause to be done, acts (including signing all
documents, agreements or instruments) necessary, proper or advisable to consummate and make effective the transactions contemplated hereby as reasonably requested by the Company or any affiliate thereof. 
 7. Applicable Law. This Agreement shall be governed by the law of the State of California as such laws are applied to agreements between
California residents entered into and to be performed entirely within the State of California. 
 IN WITNESS WHEREOF, the parties hereto have
caused this Agreement to be executed as of the date first written above. 
  

			
	ELECTRONICS FOR IMAGING, INC.
		
	By:	 	/s/ John Ritchie
	Name:	 	John Ritchie
	Title:	 	Chief Financial Officer

  

	
	OPTIONEE
	
	/s/ Guy Gecht
	Guy Gecht

  

 2 

 Exhibit A 
 Stock Options 
  

												
	 Grant Number
	 	Grant
Date
(corrected as required)	 	Number of
Options
Subject to
Amendment	 	 	Original
Exercise Price
Per Share	 	Amended
Exercise Price
Per Share
	003334	 	06/08/99	 	110,000	 	 	$	33.81	 	$	48.38
	009710	 	02/12/01	 	16,250	 	 	 	13.75	 	 	22.06
	00002609	 	09/05/03	 	61,250	(1)	 	 	19.45	 	 	23.89

  

	(1)	In December 2007, the Optionee voluntarily, and without the receipt of any consideration from the Company, forfeited options to purchase 113,750 of the 175,000 shares of Common
Stock then outstanding under this grant. 

 Exhibit B 
 Surrendered Options 
  

												
	 Grant
 Number
	 	Grant
Date
(corrected as required)	 	 	Number of
Surrendered
Options	 	Hull-White
Value	 	Total Value of
Surrendered
Options
	003334	 	06/08/99	 	 	55,228	 	$	0.23	 	$	12,702.44
	00005345	 	03/15/06	(2)	 	108,333	 	 	3.04	 	 	329,332.32
	00002609	 	09/05/03	 	 	61,250	 	 	1.92	 	 	117,600.00
	009710	 	02/12/01	 	 	8,159	 	 	2.40	 	 	19,581.60
	A0001491	 	04/25/02	 	 	30,250	 	 	4.04	 	 	122,210.00
	00005003	 	04/11/05	 	 	19,028	 	 	4.03	 	 	76,682.84
		 			 		 			 	 	 
		 			 		 			 	$	678,109.20

  

	(2)	The 2006 options have not fully vested. Any options that do not vest (e.g., through departure), would be paid to the Company in cash or other vested options.

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