Document:

Exhibit 10.01

                            AMENDMENT AND RESTATEMENT
                                     OF THE
                               COLUMBIA RIVER BANK
                       EXECUTIVE BONUS DEFERRAL AGREEMENT
                                       FOR

                                   ----------

         THIS AMENDMENT AND RESTATEMENT is adopted this ____ day of
________________, 2007, effective as of January 1, 2005 (the "Effective Date"),
by and between Columbia River Bank, a state chartered commercial bank located in
The Dalles, Oregon (the "Bank"), and ________________ (the "Executive").

         The Bank and the Executive executed the Executive Bonus Deferral
Agreement on June 3, 2002, and effective as of October 1, 2001 (the
"Agreement"), and hereby amend and restate the Agreement.

                                    RECITALS

         Whereas, the Executive is an employee of the Bank,

         Whereas, the Executive has contributed substantially to the success of
the Bank, and the Bank desires that the Executive continue its employ with the
Bank acknowledging that the Executive's experience and knowledge of the affairs
of the Bank and the banking industry are extensive and valuable,

         Whereas, the Bank desires to permit Executive to defer a portion of
Executive's annual bonus, and will pay the benefits under this Agreement from
the Bank's general assets,

         Whereas, it is deemed to be in the best interests of the Bank to
provide the Executive with such a benefit, on the terms and conditions set forth
herein, in order to reasonably induce the Executive to remain in the Bank's
employment,

         Whereas, the Executive and the Bank wish to specify in writing the
terms and conditions upon which this deferred bonus arrangement will be provided
to the Executive,

         Whereas, the Executive and Bank freely acknowledge that this agreement
irrevocably amends and restates the Executive Bonus Deferral Agreement adopted
June 3, 2002, and effective October 1, 2001, and any amendments thereto, between
the Executive and the Bank;

         Now, Therefore, in consideration of the foregoing premises and other
good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Executive and the Bank agree as follows:

<PAGE>

                                    SECTION 1
                                   DEFINITIONS

         Whenever used in this Agreement, the following words and phrases shall
have the meanings specified:

         "Bonus" means only the bonus paid to the Executive during a Plan Year
and does not include any salary.

         "Cause" shall have the same meaning as defined in Section 5 of this
Agreement.

         "Change of Control" means the acquisition during the Executive's
employment of twenty-five percent (25%) or more of the voting securities of the
Holding Company by any person, or persons acting as a group within the meaning
of Section 13(d) of the Securities Exchange Act of 1934, or to such acquisition
of a percentage between ten percent (10%) and twenty-five percent (25%) if the
Board or the Comptroller of the Currency, the FDIC, or the Federal Reserve Bank
have made a determination that such acquisition constitutes or will constitute
control of the Holding Company. The term "person" refers to an individual,
corporation, bank, bank holding company, or other entity, but excludes any
Employee Stock Ownership Plan established for the benefit of employees of the
Holding Company or any of its subsidiaries or other affiliates.

         "Change of Control Termination" means Termination of Employment prior
to Normal Retirement Age for reasons other than death or Disability Termination,
and within thirty-six (36) months following a Change of Control.

         "Code" means the Internal Revenue Code of 1986, as amended.

         "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 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 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 of the Bank. 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.

         "Disability Termination" means Termination of Employment prior to
Normal Retirement Age as a result of Disability.

         "Early Termination" means Termination of Employment prior to Normal
Retirement Age for reasons other than death, Disability Termination, or Change
of Control Termination.

         "Holding Company" shall mean Columbia Bancorp, the parent corporation
of the Bank.

         "Normal Retirement Age" means age fifty-five (55).

         "Normal Retirement Date" means the date the Executive attains Normal
Retirement Age, or if later, the date of the Executive's Termination of
Employment.

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         "Performance-Based Compensation" means any amount earned over a period
of at least twelve (12) months that is awarded to the Executive and qualifies as
"performance-based compensation" under Section 409A of the Code and the
regulations thereunder.

         "Plan Year" means the calendar year.

         "Specified Employee" means a specified employee within the meaning of
Section 409A of the Code.

         "Termination of Employment" means the termination of the Executive's
employment with the Bank. Whether a Termination of Employment takes place is
determined 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 change in the Executive's employment status will not be
considered a Termination of Employment 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 full
calendar years of employment (or, if employed less than three 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 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 full calendar years of employment (or if employed
less than three 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 full calendar years of employment (or if less,
such lesser period).

         "Unforeseeable Emergency" means a severe financial hardship to the
Executive resulting from an illness or accident of the Executive, the
Executive's spouse, or the Executive's dependent (as defined in Section 152(a)
of the Code), loss of the Executive's property due to casualty, or other similar
extraordinary and unforeseeable circumstances arising as a result of events
beyond the control of the Executive.

                                    SECTION 2
                                DEFERRAL ELECTION

         2.1      Initial Election. The initial deferral election under this
amended and restated Agreement shall be the election on file with the Bank as of
the Effective Date, and shall set forth the amount of Bonus, from a minimum of
five percent (5%) to a maximum of twenty-five percent (25%) of the Executive's
Bonus, to be deferred annually by the Executive. This initial election shall
apply to each subsequent Plan Year until such time as an election change is
filed as allowed under Section 2.2.

         2.2      Election Changes.

         (1)      Elections Generally. The Executive may make deferral election
changes as frequently as annually by filing a new election form with the plan
administrator no later than the end of the Plan Year preceding the Plan Year in
which services leading to such Bonus will be performed, provided, however, if
any bonus is determined to be Performance-Based Compensation, the election may
be filed no later than six months before the end of the service period during
which such Bonus is earned. Any change to the deferral election in accordance
with this Section 2.2 will remain effective until such time as a subsequent
election change is made in accordance with this Section 2.2.

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         (2) Hardship. If an Unforeseeable Emergency occurs, the Executive, by
written instructions to the Bank, may discontinue deferrals hereunder. Any
subsequent Deferral Elections may be made only in accordance with this Section
2.2.

                                    SECTION 3
                                DEFERRAL ACCOUNT

         3.1      Maintenance and Crediting of Account. The Bank shall maintain
a Deferral Account for the Executive and shall credit to the Deferral Account
the following amounts:

         (1)      Deferrals. The amount of the Executive's Bonus which the
Executive elects to defer according to this Agreement.

         (2)      Interest Prior to Termination of Employment. Prior to
Termination of Employment interest shall be accrued on the Deferral Account
balance at an annual rate of eight percent (8.0%) compounded monthly.

         (3)      Interest After Termination of Employment. After the
Executive's Termination of Employment interest shall be accrued on the unpaid
Deferral Account balance as follows:

                  (a)      Upon voluntary Early Termination, interest shall be
                  accrued on the Executive's Deferral Account balance at the
                  reduced annual rate of four percent (4%) compounded monthly
                  until all benefits are paid;

                  (b)      Upon involuntary Early Termination without Cause,
                  interest shall be accrued on the Executive's Deferral Account
                  balance at the reduced annual rate of six percent (6%)
                  compounded monthly until all benefits are paid;

                  (c)      Upon Termination of Employment for reasons other than
                  Cause or Early Termination, interest shall be accrued on the
                  Executive's Deferral Account balance at an annual rate of
                  eight percent (8.0%) compounded monthly until all benefits are
                  paid.

         3.2      Benefit Determination Device Only. The Deferral Account is
solely a device for determining amounts to be paid under this Agreement. The
Deferral Account is not a trust fund of any kind. The Executive is a general
unsecured creditor of the Bank for the payment of benefits. The Deferral Account
represents the mere Bank promise to pay such benefits. The Executive's rights
are not subject in any manner to anticipation, alienation, sale, transfer,
assignment, pledge, encumbrance, attachment, or garnishment by the Executive's
creditors.

                                    SECTION 4
                                    BENEFITS

         4.1      Normal Retirement Benefit. Upon Termination of Employment on a
Normal Retirement Date, the Bank shall pay to the Executive the benefit
described in this Section 4.1 in lieu of any other benefit under this Agreement.

         (1)      Payment of Benefit. The Bank shall pay to the Executive 240
equal monthly installments commencing on the first day of the month following
the Executive's Normal Retirement Date.

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         (2)      Amount of Benefit. The amount of the monthly installments
shall be equal to the 240-month certain annuity based on the account balance
immediately prior to commencement and the applicable interest crediting rate
pursuant to Section 3.1(3).

         4.2      Early Termination Benefit. Upon Early Termination, the Bank
shall pay to the Executive the benefit described in this Section 4.2 in lieu of
any other benefit under this Agreement.

         (1)      Payment of Benefit. The Bank shall pay to the Executive 240
equal monthly installments commencing on the first day of the month following
the Executive's Normal Retirement Date.

         (2)      Amount of Benefit. The amount of the monthly installments
shall be equal to the 240-month certain annuity based on the account balance
immediately prior to commencement and the applicable interest crediting rate
pursuant to Section 3.1(3).

         4.3      Disability Benefit. Upon Disability Termination, the Bank
shall pay to the Executive the benefit described in this Section 4.3 in lieu of
any other benefit under this Agreement.

         (1)      Payment of Benefit. The Bank shall pay to the Executive 240
equal monthly installments commencing on the first day of the month following
Termination of Employment.

         (2)      Amount of Benefit. The amount of the monthly installments
shall be equal to the 240-month certain annuity based on the account balance
immediately prior to commencement and the applicable interest crediting rate
pursuant to Section 3.1(3).

         4.4      Death Benefit.

         (1)      Termination of Employment due to death. If the Executive dies
while in the active service of the Bank, the Bank shall pay to the Executive's
beneficiary the benefit described in this Section 4.4(1) in lieu of any other
benefit under this Agreement.

                  (a)  Payment of Benefit. The Bank shall pay to the Executive's
         beneficiary 240 equal monthly installments commencing on the first day
         of the month following the Executive's death.

                  (b)  Amount of Benefit. The amount of the monthly installments
         shall be equal to the 240-month certain annuity based on the account
         balance immediately prior to commencement and the applicable interest
         crediting rate pursuant to Section 3.1(3).

         (2)      Death During Payment of a Benefit. If the Executive dies after
any benefit payments have commenced under this Agreement but before receiving
all such payments, the Bank shall pay the remaining benefits to the Executive's
beneficiary at the same time and in the same amounts they would have been paid
to the Executive had the Executive survived.

         (3)      Death After Termination of Employment But Before Payment of
Benefit Commencement. If the Executive is entitled to a benefit under this
Agreement, but dies prior to the commencement of said benefit, the Bank shall
pay the same benefit to the Executive's beneficiary that the Executive was
entitled to prior to death except that the benefit payments shall commence on
the first day of the month following the date of the Executive's death. The
benefit described in this Section 4.4(3) shall be paid in lieu of any other
benefit under this Agreement.

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         4.5      Change of Control Benefit. Upon a Change of Control
Termination, the Bank shall pay to the Executive the benefit described in this
Section 4.5 in lieu of any other benefit under this Agreement.

         (1)      Payment of Benefit. The Bank shall pay to the Executive 240
equal monthly installments commencing on the first day of the month following
the Executive's Normal Retirement Date.

         (2)      Amount of Benefit. The amount of the monthly installments
shall be equal to the 240-month certain annuity based on the account balance
immediately prior to commencement and the applicable interest crediting rate
pursuant to Section 3.1(3).

         (3)      Excess Parachute Payment. Notwithstanding any provision of
this Agreement to the contrary, the Bank shall not pay any benefit under this
Agreement to the extent the benefit would create an excise tax under the excess
parachute rules of Section 280G of the Code.

         4.6      Hardship Distribution. If an Unforeseeable Emergency occurs,
the Executive may petition the Board to receive a distribution from the
Agreement. The Board in its sole discretion may grant such petition. If granted,
the Executive shall receive, within sixty (60) days, a distribution from the
Agreement (i) only to the extent deemed necessary by the Board to remedy the
Unforeseeable Emergency, plus an amount necessary to pay taxes reasonably
anticipated as a result of the distribution; and (ii) after taking into account
the extent to which such hardship is or may be relieved through reimbursement or
compensation by insurance or otherwise or by liquidation of the Executive's
assets (to the extent the liquidation would not itself cause severe financial
hardship). In any event, the maximum amount which may be paid out pursuant to
this Section 4.6 is the Deferral Account balance as of the day that the
Executive petitioned the Board to receive a Hardship Distribution under this
Section.

         4.7      Delayed Payments. Any payment under this Section 4 shall be
delayed if required by law, including without limitation the requirements of
Section 409A of the Code and any and all Treasury regulations and guidance
promulgated thereunder, or for reasons of administrative practicability.
Additionally, if upon the Executive's Termination of Employment the Executive is
a Specified Employee, no benefit shall be paid earlier than the first day of the
seventh (7th) month following the month in which Termination of Employment
occurs. Delayed payments shall be paid no later than the first of the month
following the date when the payment is both allowed by law and administratively
practicable and shall be accumulated at the applicable interest crediting rate
under Section 3.1(3) and paid to the Executive in a lump sum. All subsequent
distributions shall be paid in the manner specified.

                                    SECTION 5
                              TERMINATION FOR CAUSE

         Notwithstanding any provision of this Agreement to the contrary, if
Bank terminates the Executive's employment for "cause," which herein shall mean
(i) Executive's gross negligence or willful misconduct as shall constitute, as a
matter of law, a breach of the covenants and obligations of Employee hereunder;
(ii) failure or refusal of Executive to comply with the provisions of the
Agreement; (iii) Executive's conviction by any duly constituted court with
competent jurisdiction of a crime (other than traffic offenses); (iv)
Executive's malfeasance or incompetence, provided that in applying this criteria
Bank shall not be unreasonable or arbitrary, and provided further that prior to
effecting a dismissal under this Section (iv) Bank shall afford Executive with
fair and reasonable warning and with a fair and reasonable opportunity to cure
any defects in Executive's performance, then the Bank shall pay to the
Executive, in lieu of any other benefits under this agreement, the sum of all
amounts deferred by the Executive under Section 3.1(1) of this Agreement,
without any interest, as soon as payment is both allowed by law and
administratively practicable following the Executive's termination. The Bank, in
its sole discretion and subject to good faith, fair dealing and reasonableness,
shall determine whether the criteria in (i), (ii), (iii), or (iv) have occurred.

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                                    SECTION 6
                          CLAIMS AND REVIEW PROCEDURES

         6.1      Claims Procedure. An Executive or beneficiary ("claimant") who
has not received benefits under the Agreement that he or she believes should be
paid shall make a claim for such benefits as follows:

         (1)      Initiation -- Written Claim. The claimant initiates a claim by
submitting to the Bank a written claim for the benefits.

         (2)      Timing of Bank Response. The Bank shall respond to such
claimant within 90 days after receiving the claim. If the Bank determines that
special circumstances require additional time for processing the claim, the Bank
can extend the response period by an additional 90 days by notifying the
claimant in writing, prior to the end of the initial 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 Bank expects to render its
decision.

         (3)      Notice of Decision. If the Bank denies part or all of the
claim, the Bank shall notify the claimant in writing of such denial. The Bank
shall write the notification in a manner calculated to be understood by the
claimant. The notification shall set forth: (i) the specific reasons for the
denial; (ii) a reference to the specific provisions of the Plan on which the
denial is based; (iii) a description of any additional information or material
necessary for the claimant to perfect the claim and an explanation of why it is
needed; (iv) an explanation of the Plan's review procedures and the time limits
applicable to such procedures; and (v) a statement of the claimant's right to
bring a civil action under ERISA Section 502(a) following an adverse benefit
determination on review.

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

         (1)      Initiation -- Written Request. To initiate the review, the
claimant, within 60 days after receiving the Bank's notice of denial, must file
with the Bank a written request for, review.

         (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 Bank 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.

         (3)      Considerations on Review. In considering the review, the Bank
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.

         (4)      Timing of Bank Response. The Bank shall respond in writing to
such claimant within 60 days after receiving the request for review. If the Bank
determines that special circumstances require additional time for processing the
claim, the Bank can extend the response period by an additional 60 days by
notifying the claimant in writing, prior to the end of the initial 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 Bank expects to render
its decision.

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         (5)      Notice of Decision. The Bank shall notify the claimant in
writing of its decision on review. The Bank shall write the notification in a
manner calculated to be understood by the claimant. The notification shall set
forth: (i) the specific reasons for the denial; (ii) a reference to the specific
provisions of the Plan on which the denial is based; (iii) 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 (iv) a statement of the claimant's right to bring a civil action
under ERISA Section 502(a).

                                    SECTION 7
                                  BENEFICIARIES

         7.1      Beneficiary Designations. The Executive shall designate a
beneficiary by filing a written designation with the Bank. The Executive may
revoke or modify the designation at any time by filing a new designation.
However, designations will only be effective if signed by the Executive and
received by the Bank during the Executive's lifetime. 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. If the Executive dies without a valid
beneficiary designation, all payments shall be made to the Executive's estate.

         7.2      Facility of Payment. If a benefit is payable to a minor, to a
person declared incompetent, or to a person incapable of handling the
disposition of his or her property, the Bank may pay such benefit to the
guardian, legal representative or person having the care or custody of such
minor, incompetent person or incapable person. The Bank may require proof of
incompetence, minority or guardianship as it may deem appropriate prior to
distribution of the benefit. Such distribution shall completely discharge the
Bank from all liability with respect to such benefit.

                                    SECTION 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 banking regulators or to comply with legislative changes or tax law,
including without limitation Section 409A of the Code and any and all Treasury
regulations and guidance promulgated thereunder. If the Bank unilaterally amends
this Agreement in order to comply with the requirements of banking regulators or
changes in law, the Bank shall make every reasonable effort to preserve the
Deferral Account defined in Section 3 as of the date the changes are made and to
continue the crediting of interest to the Deferral Account as described in
Sections 3.1(1) and 3.1(2) until such time as a written agreement is signed by
the Bank and the Executive.

         8.2      Plan Termination Generally. This Agreement may be terminated
only by a written agreement signed by the Bank and the Executive. However, the
Bank may unilaterally terminate this Agreement to conform with written
directives from banking regulators or to comply with legislative changes or tax
law, including without limitation Section 409A of the Code and any and all
Treasury regulations and guidance promulgated thereunder. If the Bank
unilaterally terminates this Agreement in order to comply with the requirements
of banking regulators or changes in law, the Bank shall make every reasonable
effort to preserve the value of the Deferral Account payable to the Executive as
of the date of plan termination and to continue the crediting of interest
described in Sections 3.1(1) and 3.1(2) on the Deferral Account until such time
as a written agreement is signed by the Bank and the Executive.

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                                    SECTION 9
                     STATUS AS AN UNSECURED GENERAL CREDITOR

         9.1      Notwithstanding anything contained herein to the contrary: (i)
the Executive shall have no legal or equitable rights, interests or claims in or
to any specific property or assets of the Bank as a result of this Agreement;
(ii) none of the Bank's assets shall be held in or under any trust for the
benefit of the Executive or held in any way as security for the fulfillment of
the obligations of the Bank under this Agreement; (iii) all of the Bank's assets
shall be and remain the general unpledged and unrestricted assets of the Bank;
(iv) the Bank's obligation under this Agreement shall be that of an unfunded and
unsecured promise by the Bank to pay money in the future; and (v) the Executive
shall be an unsecured general creditor with respect to any benefits which may be
payable under the terms of this Agreement. Notwithstanding subparagraphs (i)
through (v) above, the Bank and the Executive acknowledge and agree that, in the
event of a Change of Control, upon request of the Executive, or in the Bank's
discretion if the Executive does not so request and the Bank nonetheless deems
it appropriate, the Bank shall establish, concurrent with this agreement, a
Rabbi Trust or multiple Rabbi Trusts (the "Trust" or "Trusts") upon such terms
and conditions as the Bank, in its sole discretion, deems appropriate and in
compliance with applicable provisions of the Code, in order to permit the Bank
to make contributions and/or transfer assets to the Trust or Trusts to discharge
its obligations pursuant to this Agreement. The principal of the Trust or Trusts
and any earnings thereon shall be held separate and apart from other funds of
the Bank to be used exclusively for discharge of the Bank's obligations pursuant
to this Agreement and shall continue to be subject to the claims of the Bank's
general creditors until paid to the Executive in such manner and at such times
as specified in this Agreement.

         9.2      Bank reserves the right to determine, in its sole and absolute
discretion, whether, to what extent and by what method, if any, to provide for
the payment of the amounts which may be payable to the Executive, under the
terms of this Agreement. In the event that the Bank elects to fund this
Agreement, in whole or in part, through the use of life insurance or annuities,
or both, the Bank shall determine the ownership and beneficial interests of any
such policy of life insurance or annuity. The Bank further reserves the right,
in its sole and absolute discretion, to terminate any such policy, and any other
device used to fund its obligations under this Agreement, at any time, in whole
or in part. Consistent with Section 9.1 above, the Executive shall have no
right, title or interest in or to any funding source or amount utilized by the
Bank pursuant to this Agreement, and any such funding source or amount shall not
constitute security for the performance of the Bank's obligations pursuant to
this Agreement. In connection with the foregoing, the Executive agrees to
execute such documents and undergo such medical examinations or tests which the
Bank may request and which may be reasonably necessary to facilitate any funding
for this Agreement including, without limitation, the Bank's acquisition of any
policy of insurance or annuity.

                                   SECTION 10
                                  MISCELLANEOUS

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

         10.2     No Guarantee of Employment. This Agreement is not an
employment policy or contract. It does not give the Executive the right to
remain an employee of the Bank, nor does it interfere with the Bank's right to
discharge the Executive. It also does not require the Executive to remain an
employee nor interfere with the Executive's right to terminate employment at any
time.

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         10.3     Non-Transferability. Benefits under this Agreement cannot be
sold, transferred, assigned, pledged, attached or encumbered in any manner. In
particular, the Executive shall have no power or right to transfer, assign,
anticipate, hypothecate, modify or otherwise encumber any part or all of the
amounts payable hereunder, nor, prior to payment in accordance with the terms of
this Agreement, shall any portion of such amounts be: (i) subject to seizure by
any creditor of the Executive, by a proceeding at law or in equity, for the
payment of any debts, judgments, alimony or separate maintenance obligations
which may be owed by the Executive; or (ii) transferable by operation of law in
the event of bankruptcy, insolvency or otherwise. Any such attempted assignment
or transfer shall be void.

         10.4     Reorganization. This Agreement shall be binding upon and inure
to the benefit of the Executive and the Bank. Accordingly, the Bank shall not
merge or consolidate into or with another corporation, or reorganize or sell
substantially all of its assets to another corporation, firm or person, unless
and until such succeeding or continuing corporation, firm or person agrees to
assume and discharge the obligations of the Bank under this Agreement. In the
alternative, the Holding Company may agree to assume and discharge the
obligation of the Bank under this Agreement. Upon the occurrence of such event,
the term "Bank" as used in this Agreement shall be deemed to refer to such
surviving or successor firm, person, entity or corporation, or the Holding
Company, as the case may be.

         10.5     Tax Withholding. The Bank shall withhold any taxes that are
required to be withheld from the benefits provided under this Agreement.

         10.6     Applicable Law. The laws of the State of Oregon, other than
those laws denominated choice of law rules, federal law in the case of
preemption, and where applicable, the rules and regulations of any regulatory
agency or governmental authority having jurisdiction over the Bank or the
Holding Company, shall govern the validity, interpretation, construction and
effect of this Agreement.

         10.7     Unfunded Arrangement. The Executive and beneficiary are
general unsecured creditors of the Bank for the payment of benefits under this
Agreement. The benefits represent the mere promise by the Bank to pay 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 is a general
asset of the Bank to which the Executive and beneficiary have no preferred or
secured claim.

         10.8     Entire Agreement. This Agreement supersedes any and all other
agreements, either oral or in writing, between the parties with respect to the
subject matter of this Agreement and contains all of the covenants and
agreements between the parties with respect thereto. Each party to this
Agreement acknowledges that no other representations, inducements, promises, or
agreements, oral or otherwise, have been made by any party, or anyone acting on
behalf of any party, which are not set forth herein, and that no other
agreement, statement, or promise not contained in this Agreement shall be valid
or binding on either party. No rights are granted to the Executive by virtue of
this Agreement other than those specifically set forth herein.

         10.9     Administration. The Bank shall have powers which are necessary
to administer this Agreement, including but not limited to: (i) maintaining a
record of benefit payments; (ii) establishing rules and prescribing any forms
necessary or desirable to administer the Agreement; and (iii) interpreting the
provisions of the Agreement.

         10.10    Named Fiduciary. The Bank shall be the named fiduciary and
plan administrator under this Agreement. It may delegate to others certain
aspects of the management and operational responsibilities including the
employment of advisors and the delegation of ministerial duties to qualified
individuals.

         10.11    Paragraph Headings. The paragraph headings used in this
Agreement are for convenience only, and shall not affect or be used in
connection with the interpretation of this Agreement.

Page 10 - EXECUTIVE BONUS DEFERRAL AGREEMENT - RLC 2007
<PAGE>

        10.12    No Strict Construction. The language used in this Agreement
shall be deemed to be the language chosen by the parties hereto to express their
mutual intent, and no rule of strict construction will be applied against any
person.

         10.13    Opportunity To Consult With Independent Advisors. The
Executive acknowledges that he or she has been afforded the opportunity to
consult with independent advisors of his choosing including, without limitation,
accountants or tax advisors and counsel regarding both the benefits granted to
him under the terms of this Agreement and the (i) terms and conditions which may
affect the Executive's right to these benefits and (ii) personal tax effects of
such benefits including, without limitation, the effects of any federal or state
taxes, Section 280G of the Code, and any other taxes, costs, expenses or
liabilities whatsoever related to such benefits, which in any of the foregoing
instances the Executive acknowledges and agrees shall be the sole responsibility
of the Executive notwithstanding any other term or provision of this Agreement.
The Executive further acknowledges and agrees that the Bank shall have no
liability whatsoever related to any such personal tax effects or other personal
costs, expenses, or liabilities applicable to the Executive and further
specifically waives any right for himself or herself, and his or her heirs,
beneficiaries, legal representatives, agents, successor and assign to claim or
assert liability on the part of the Bank related to the matters described above
in this Section 10.13. The Executive further acknowledges that he or she has
read, understands and consents to all of the terms and conditions of this
Agreement, and that he or she enters into this Agreement with a full
understanding of its terms and conditions.

         10.14    Arbitration of Disputes. All claims, disputes and other
matters in question arising out of or relating to this Agreement or the breach
or interpretation thereof, other than those matters which are to be determined
by the Bank in its sole and absolute discretion, shall be resolved by binding
arbitration before a representative member, selected by the mutual agreement of
the parties, of the Judicial Arbitration and Mediation Services, Inc. ("JAMS"),
located in Portland, Oregon. In the event JAMS is unable or unwilling to conduct
the arbitration provided for under the terms of this Paragraph, or has
discontinued its business, the parties agree that a representative member,
selected by the mutual agreement of the parties of the American Arbitration
Association ("AAA") located in Portland, Oregon, shall conduct the binding
arbitration referred to in this Paragraph. Notice of the demand for arbitration
shall be filed in writing with the other party to this Agreement and with JAMS
(or AAA, if necessary). In no event shall the demand for arbitration be made
after the date when institution of legal or equitable proceedings based on such
claim, dispute or other matter in question would be barred by the applicable
statute of limitations. The arbitration shall be subject to such rules of
procedure used or established by JAMS, or if there are none, the rules of
procedure used or established by AAA. Any award rendered by JAMS or AAA shall be
final and binding upon the parties, and as applicable, their respective heirs,
beneficiaries, legal representatives, agents, successors and assigns, and may be
entered in any court having jurisdiction thereof. Any arbitration hereunder
shall be conducted in The Dalles, Oregon, unless otherwise agreed to by the
parties.

         10.15    Attorneys' Fees. In the event of any arbitration or litigation
concerning any controversy, claim or dispute between the parties hereto, arising
out of or relating to this Agreement or the breach hereof, or the interpretation
hereof, the prevailing party shall be entitled to recover from the losing party
reasonable expenses, attorneys' fees and costs incurred in connection therewith
or in the enforcement or collection of any judgment or award rendered therein.
The "prevailing party" means the party determined by the arbitrator(s) or court,
as the case may be, to have most nearly prevailed, even if such party did not
prevail in all matters, not necessarily the one in whose favor a judgment is
rendered.

         10.16    Notice. Any notice required or permitted of either the
Executive or the Bank under this Agreement shall be deemed to have been duly
given, if by personal delivery, upon the date received by the party or its
authorized representative; if by facsimile, upon transmission to a telephone
number previously provided by the party to whom the facsimile is transmitted as
reflected in the records of the party transmitting the facsimile and upon
reasonable confirmation of such transmission; and if by mail, on the third day
after mailing via U.S. first class mail, registered or certified, postage
prepaid and return receipt requested, and addressed to the party at the address
given below for the receipt of notices, or such changed address as may be
requested in writing by a party.

Page 11 - EXECUTIVE BONUS DEFERRAL AGREEMENT - RLC 2007
<PAGE>

                  If to the Bank:              Columbia River Bank
                                               401 East Third Street, Suite 200
                                               The Dalles, Oregon 97058

                  If to the Executive:         c/o Columbia River Bank
                                               P0 Box 1050
                                               The Dalles, Oregon 97058

         10.17.   Nonwaiver. The failure of either party to enforce at any time
or for any period of time any one or more of the terms or conditions of this
Agreement shall not be a waiver of such term(s) or condition(s) or of that
party's right thereafter to enforce each and every term and condition of this
Agreement.

         10.18    Partial Invalidity. If any terms, provision, covenant, or
condition of this Agreement is determined by an arbitrator or a court, as the
case may be, to be invalid, void, or unenforceable, such determination shall not
render any other term, provision, covenant or condition invalid, void or
unenforceable, and the Agreement shall remain in full force and effect
notwithstanding such partial invalidity.

         10.19    Modifications. Any modification of this Agreement shall be
effective only if it is in writing and signed by each party or such party's
authorized representative.

         10.20    Compliance with Code Section 409A. Notwithstanding any other
provision of this Agreement, it is intended that any payment or benefit which is
provided pursuant to or in connection with this Agreement shall be provided and
paid in a manner, and at such time and in such form, as complies with the
applicable requirements of Section 409A of the Code to avoid the unfavorable tax
consequences provided therein for non-compliance. Any provision in this
Agreement that is determined to violate the requirements of Section 409A shall
be void and without effect. To the extent permitted under Section 409A, the
parties shall reform the provision, provided such reformation shall not subject
the Executive to additional tax or interest and the Bank shall not be required
to incur any additional compensation as a result of the reformation. In
addition, any provision that is required to appear in this Agreement that is not
expressly set forth shall be deemed to be set forth herein, and this Agreement
shall be administered in all respects as if such provision were expressly set
forth. References in this Agreement to Section 409A of the Code include rules,
regulations, and guidance of general application issued by the Department of the
Treasury under Internal Revenue Code Section 409A.

         IN WITNESS OF THE ABOVE, the Bank and the Executive have signed this
Agreement.

Executive:                                    Columbia River Bank

____________________________                  By    ____________________________

                                              Title ____________________________

Page 12 - EXECUTIVE BONUS DEFERRAL AGREEMENT - RLC 2007Exhibit 10.02

                     EXECUTIVE SALARY CONTINUATION AGREEMENT

This Executive Salary Continuation Agreement (the "Agreement") is effective as
of the 1st day of December, 2006, ("Effective Date") by and between Columbia
River Bank, a state chartered commercial bank located in The Dalles, Oregon (the
"Bank"), and ______________ (the "Executive").

                                    RECITALS

         Whereas, the Executive is an employee of the Bank,

         Whereas, the Executive has contributed substantially to the success of
the Bank and its parent corporation, Columbia Bancorp, and the Bank desires that
the Executive continue its employ with the Bank acknowledging that the
Executive's experience and knowledge of the affairs of the Bank and the banking
industry are extensive and valuable,

         Whereas, the Bank desires to establish and maintain a deferred
compensation program consisting of salary continuation benefits for the
Executive, to be paid from the Bank's general assets,

         Whereas, the Executive and Bank freely acknowledge that this agreement
irrevocably replaces the Executive's Salary Continuation Agreement adopted June
3, 2002, and effective October 1, 2001, and any amendments thereto, between the
Executive and the Bank,

         Whereas, the Bank acknowledges that this Agreement shall be terminated
or amended only by a written agreement signed by the Bank and the Executive
except as specified in Section 6,

         Whereas, the Executive and the Bank wish to specify in writing the
terms and conditions upon which this additional compensatory incentive will be
provided to the Executive;

         Now, Therefore, in consideration of the foregoing premises and other
good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Executive and the Bank agree as follows:

                                    SECTION 1
                                   DEFINITIONS

         Whenever used in this Agreement, the following words and phrases shall
have the meanings specified:

         "Change of Control" means the acquisition during the Executive's
employment of twenty-five percent (25%) or more of the voting securities of the
Holding Company by any person, or persons acting as a group within the meaning
of Section 13(d) of the Securities Exchange Act of 1934, or to such acquisition
of a percentage between ten percent (10%) and twenty-five percent (25%) if the
Board or the Comptroller of the Currency, the FDIC, or the Federal Reserve Bank
have made a determination that such acquisition constitutes or will constitute
control of the Holding Company. The term "person" refers to an individual,
corporation, bank, bank holding company, or other entity, but excludes any
Employee Stock Ownership Plan established for the benefit of employees of the
Holding Company or any of its subsidiaries or other affiliates.

<PAGE>

         "Change of Control Termination" means Termination of Employment prior
to Normal Retirement Age for reasons other than Disability Termination, and
within thirty-six (36) months following a Change of Control.

         "Code" means the Internal Revenue Code of 1986, as amended.

         "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 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 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 of the Bank. 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.

         "Disability Termination" means Termination of Employment prior to
Normal Retirement Age as a result of Disability.

         "Early Retirement" means Termination of Employment prior to Normal
Retirement Age for reasons other than Disability Termination or Change of
Control Termination, and on a date on or after July 27, 2012.

         "Early Termination" means Termination of Employment prior to July 27,
2012, for reasons other than Disability Termination or Change of Control
Termination.

         "Holding Company" shall mean Columbia Bancorp, the parent corporation
of the Bank.

         "Normal Retirement Age" means age sixty-two (62).

         "Normal Retirement Date" means the date the Executive attains Normal
Retirement Age, or if later, the date of the Executive's Termination of
Employment.

         "Schedule A" means Schedule A attached to this Agreement that, along
with Section 2, establishes certain benefits payable to the Executive upon
Termination of Employment prior to Normal Retirement Age.

         "Specified Employee" means a specified employee within the meaning of
Section 409A of the Code.

         "Termination of Employment" means the termination of the Executive's
employment with the Bank for reasons other than death. Whether a Termination of
Employment takes place is determined 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 change in the Executive's employment
status will not be considered a Termination of Employment 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 full calendar years
of employment (or, if employed less than three 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 full calendar years of
employment (or, if less, such lesser period), or

Page 2  EXECUTIVE SALARY CONTINUATION AGREEMENT - RLC 2007

<PAGE>

         (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 full calendar years of employment (or if employed
less than three 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 full calendar years of employment (or if less,
such lesser period).

                                    SECTION 2
                                    BENEFITS

         2.1      Normal Retirement Benefit.   Upon Termination of Employment on
a Normal Retirement Date, the Bank shall pay to the Executive the benefit
described in this Section 2.1 in lieu of any other benefit under this Agreement.

         (1)      Annual Benefit. The initial annual benefit under this Section
2.1 is $94,006.

         (2)      Payment of Benefit. The Bank shall pay the Annual Benefit to
the Executive in twelve (12) equal monthly installments commencing with the
first of the month following the Executive's Normal Retirement Date, and shall
continue payments to the Executive for a total period of twenty (20) years.
Commencing on the first anniversary of the first of the month following the
Executive's Normal Retirement Date, and continuing on each subsequent
anniversary, the Bank shall increase the benefit by three percent (3%) from the
previous anniversary date.

         2.2      Early Retirement Benefit. Upon Early Retirement, the Bank
shall pay to the Executive the benefit described in this Section 2.2 in lieu of
any other benefit under this Agreement.

         (1)      Annual Benefit. The initial annual benefit under this Section
2.2 is the amount shown in the Early Retirement column of Schedule A for the
month and year in which Termination of Employment occurs.

         (2)      Payment of Benefit. The Bank shall pay the Annual Benefit to
the Executive in twelve (12) equal monthly installments commencing with the
first of the month following the date the Executive attains Normal Retirement
Age, and shall continue payments to the Executive for a total period of twenty
(20) years. Commencing on the first anniversary of the first of the month
following the date the Executive attains Normal Retirement Age and continuing on
each subsequent anniversary, the Bank shall increase the benefit by three
percent (3%) from the previous anniversary date.

         2.3      Early Termination Benefit. Upon Early Termination, the Bank
shall pay to the Executive the benefit described in this Section 2.3 in lieu of
any other benefit under this Agreement.

         (1)      Annual Benefit. The annual benefit under this Section 2.3 is
the amount shown in the Early Termination column of Schedule A for the month and
year in which Termination of Employment occurs.

         (2)      Payment of Benefit. The Bank shall pay the Annual Benefit to
the Executive in twelve (12) equal monthly installments commencing with the
first of the month following the date the Executive attains Normal Retirement
Age, and shall continue payments to the Executive for a total period of twenty
(20) years.

         2.4      Disability Benefit. Upon Disability Termination, the Bank
shall pay to the Executive the benefit described in this Section 2.4 in lieu of
any other benefit under this Agreement.

         (1)      Annual Benefit. The annual benefit under this Section 2.4 is
the amount shown in the Disability column of Schedule A for the month and year
in which Termination of Employment occurs.

Page 3  EXECUTIVE SALARY CONTINUATION AGREEMENT - RLC 2007

<PAGE>

         (2)      Payment of Benefit. The Bank shall pay the Annual Benefit to
the Executive in twelve (12) equal monthly installments commencing with the
first of the month following Termination of Employment, and shall continue
payments to the Executive for a total period of twenty (20) years.

         2.5      Death Benefit.

         (1)      Termination of employment due to death. If the Executive dies
while in the active service of the Bank, the Bank shall pay to the Executive's
beneficiary the benefit described in this Section 2.5.1. This benefit shall be
paid in lieu of any other benefit under this Agreement.

                  (a)  Annual Benefit. The initial annual benefit under this
         Section 2.5.1 is the initial annual Normal Retirement Benefit described
         in Section 2.1.1.

                  (b)  Payment of Benefit. The Bank shall pay the Annual Benefit
         to the Executive's beneficiary in twelve (12) equal monthly
         installments commencing with the first of the month following the
         Executive's death, and shall continue payments to the Executive's
         beneficiary for a total period of twenty (20) years. Commencing on the
         first anniversary of the first of the month following the Executive's
         death, and continuing on each subsequent anniversary, the Bank shall
         increase the benefit by three percent (3%) from the previous
         anniversary date.

         (2)      Death following Termination of Employment. If the Executive
dies after Termination of Employment, the Bank shall pay the same benefit
payments to the Executive's beneficiary that the Executive was entitled to
receive prior to death except that, if the payments have not yet commenced, the
benefit payments shall commence on the first of the month following the date of
the Executive's death. This benefit shall be paid in lieu of any other benefit
under this Agreement.

         2.6      Change of Control Benefit. Upon a Change of Control
Termination, the Bank shall pay to the Executive the benefit described in this
Section 2.6 in lieu of any other benefit under this Agreement.

         (1)      Annual Benefit. The annual benefit under this Section 2.6 is
the amount shown in the Change of Control column of Schedule A for the month and
year in which Change of Control occurs.

         (2)      Payment of Benefit. The Bank shall pay the Annual Benefit to
the Executive in twelve (12) equal monthly installments commencing with the
first of the month following the date the Executive attains Normal Retirement
Age, and shall continue payments to the Executive for a total period of twenty
(20) years.

         (3)      Excess Parachute Payment. Notwithstanding any provision of
this Section 2.6 to the contrary, the Bank shall not pay any benefit under this
Section 2.6 to the extent the benefit would create an excise tax under the
excess parachute rules of Section 280G of the Code. If the Bank determines that
any scheduled payment of the Change of Control Benefit would result in an excise
tax under the rules of Section 280G of the Code, then such payment shall be
reduced only to the extent necessary to avoid the excise tax.

         2.7      Delayed Payments. Any payment under this Section 2 shall be
delayed if required by law, including without limitation the requirements of
Section 409A of the Code and any and all Treasury regulations and guidance
promulgated thereunder, or for reasons of administrative practicability.
Additionally, if upon the Executive's Termination of Employment the Executive is
a Specified Employee, no benefit shall be paid earlier than the first day of the
seventh month following the month in which Termination of Employment occurs. Any
delayed payment shall be accumulated with interest at the annual rate of eight
percent (8%) compounded monthly from the date the payment was scheduled to be
paid to the date actually paid. Delayed payments shall be paid no later than the
first of the month following the date when the payment is both allowed by law
and administratively practicable. The Bank shall not unreasonably delay payments
under this Section 2.7 due to administrative practicability.

Page 4  EXECUTIVE SALARY CONTINUATION AGREEMENT - RLC 2007

<PAGE>

                                    SECTION 3
                                  BENEFICIARIES

         3.1      Beneficiary Designations. The Executive shall designate a
beneficiary by filing a written designation with the Bank. The Executive may
revoke or modify the designation at any time by filing a new designation.
However, designations will only be effective if signed by the Executive and
received by the Bank during the Executive's lifetime. 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. If the Executive dies without a valid
beneficiary designation, all payments shall be made to the Executive's estate.

         3.2      Facility of Payment. If a benefit is payable to a minor, to a
person declared incompetent, or to a person incapable of handling the
disposition of his or her property, the Bank may pay such benefit to the
guardian, legal representative or person having the care or custody of such
minor, incompetent person or incapable person. The Bank may require proof of
incompetence, minority or guardianship as it may deem appropriate prior to
distribution of the benefit. Such distribution shall completely discharge the
Bank from all liability with respect to such benefit.

                                    SECTION 4
                               CERTAIN LIMITATIONS

         4.1      Termination for Cause. Notwithstanding any provision of this
Agreement to the contrary, if Bank terminates the Executive's employment for
"cause," which herein shall mean (i) Executive's gross negligence or willful
misconduct as shall constitute, as a matter of law, a breach of the covenants
and obligations of Employee hereunder; (ii) failure or refusal of Executive to
comply with the provisions of the Agreement; (iii) Executive's conviction by any
duly constituted court with competent jurisdiction of a crime (other than
traffic offenses); (iv) Executive's malfeasance or incompetence, provided that
in applying this criteria Bank shall not be unreasonable or arbitrary, and
provided further that prior to effecting a dismissal under this Section (iv)
Bank shall afford Executive with fair and reasonable warning and with a fair and
reasonable opportunity to cure any defects in Executive's performance, then the
Bank shall not pay any benefit under this Agreement. The Bank, in its sole
discretion and subject to good faith, fair dealing and reasonableness, shall
determine whether the criteria in (i), (ii), (iii), or (iv) have occurred.

         4.2      Suicide or Misstatement. The Bank shall not pay any benefit
under this Agreement if the Executive commits suicide within three years after
the date of this Agreement. In addition, the Bank shall not pay any benefit
under this Agreement if the Executive has made any material misstatement of fact
on an employment application or resume provided to the Bank, or on any
application for any benefits or insurance that the Executive completes upon
request by the Bank.

                                    SECTION 5
                          CLAIMS AND REVIEW PROCEDURES

         5.1      Claims Procedure. A Participant or beneficiary ("claimant")
who has not received benefits under the Plan that he or she believes should be
paid shall make a claim for such benefits as follows:

         (1)      Initiation -- Written Claim. The claimant initiates a claim by
submitting to the Bank a written claim for the benefits.

         (2)      Timing of Bank Response. The Bank shall respond to such
claimant within 90 days after receiving the claim. If the Bank determines that
special circumstances require additional time for processing the claim, the Bank
can extend the response period by an additional 90 days by notifying the
claimant in writing, prior to the end of the initial 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 Bank expects to render its
decision.

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<PAGE>

         (3)      Notice of Decision. If the Bank denies part or all of the
claim, the Bank shall notify the claimant in writing of such denial. The Bank
shall write the notification in a manner calculated to be understood by the
claimant. The notification shall set forth: (i) the specific reasons for the
denial; (ii) a reference to the specific provisions of the Plan on which the
denial is based; (iii) a description of any additional information or material
necessary for the claimant to perfect the claim and an explanation of why it is
needed; (iv) an explanation of the Plan's review procedures and the time limits
applicable to such procedures, and (v) a statement of the claimant's right to
bring a civil action under ERISA Section 502(a) following an adverse benefit
determination on review.

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

         (1)      Initiation -- Written Request. To initiate the review, the
claimant, within 60 days after receiving the Bank's notice of denial, must file
with the Bank a written request for, review.

         (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 Bank 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.

         (3)      Considerations on Review. In considering the review, the Bank
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.

         (4)      Timing of Bank Response. The Bank shall respond in writing to
such claimant within 60 days after receiving the request for review. If the Bank
determines that special circumstances require additional time for processing the
claim, the Bank can extend the response period by an additional 60 days by
notifying the claimant in writing, prior to the end of the initial 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 Bank expects to render
its decision.

         (5)      Notice of Decision. The Bank shall notify the claimant in
writing of its decision on review. The Bank shall write the notification in a
manner calculated to be understood by the claimant. The notification shall set
forth: (i) the specific reasons for the denial; (ii) a reference to the specific
provisions of the Plan on which the denial is based; (iii) 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 (iv) a statement of the claimant's right to bring a civil action
under ERISA Section 502(a).

                                    SECTION 6
                           AMENDMENTS AND TERMINATION

         6.1      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 banking regulators or to comply with legislative changes or tax law,
including without limitation Section 409A of the Code and any and all Treasury
regulations and guidance promulgated thereunder. If the Bank unilaterally amends
this Agreement in order to comply with the requirements of banking regulators or
changes in law, the Bank shall make every reasonable effort to preserve benefits
payable to the Executive as of the date the changes are made and to continue the
accrual of benefits during the employment of the Executive until such time as a
written agreement is signed by the Bank and the Executive.

Page 6  EXECUTIVE SALARY CONTINUATION AGREEMENT - RLC 2007

<PAGE>

         6.2      Plan Termination Generally. This Agreement may be terminated
only by a written agreement signed by the Bank and the Executive. However, the
Bank may unilaterally terminate this Agreement to conform with written
directives from banking regulators or to comply with legislative changes or tax
law, including without limitation Section 409A of the Code and any and all
Treasury regulations and guidance promulgated thereunder. If the Bank
unilaterally terminates this Agreement in order to comply with the requirements
of banking regulators or changes in law, the Bank shall make every reasonable
effort to preserve the value of benefits payable to the Executive as of the date
of termination and to continue the accrual of the value of benefits during the
employment of the Executive until such time as a written agreement is signed by
the Bank and the Executive.

                                    SECTION 7
                     STATUS AS AN UNSECURED GENERAL CREDITOR

         7.1      Notwithstanding anything contained herein to the contrary: (i)
the Executive shall have no legal or equitable rights, interests or claims in or
to any specific property or assets of the Bank as a result of this Agreement;
(ii) none of the Bank's assets shall be held in or under any trust for the
benefit of the Executive or held in any way as security for the fulfillment of
the obligations of the Bank under this Agreement; (iii) all of the Bank's assets
shall be and remain the general unpledged and unrestricted assets of the Bank;
(iv) the Bank's obligation under this Agreement shall be that of an unfunded and
unsecured promise by the Bank to pay money in the future; and (v) the Executive
shall be an unsecured general creditor with respect to any benefits which may be
payable under the terms of this Agreement. Notwithstanding subparagraphs (i)
through (v) above, the Bank and the Executive acknowledge and agree that, in the
event of a Change of Control, upon request of the Executive, or in the Bank's
discretion if the Executive does not so request and the Bank nonetheless deems
it appropriate, the Bank shall establish, concurrent with this agreement, a
Rabbi Trust or multiple Rabbi Trusts (the "Trust" or "Trusts") upon such terms
and conditions as the Bank, in its sole discretion, deems appropriate and in
compliance with applicable provisions of the Code, in order to permit the Bank
to make contributions and/or transfer assets to the Trust or Trusts to discharge
its obligations pursuant to this Agreement. The principal of the Trust or Trusts
and any earnings thereon shall be held separate and apart from other funds of
the Bank to be used exclusively for discharge of the Bank's obligations pursuant
to this Agreement and shall continue to be subject to the claims of the Bank's
general creditors until paid to the Executive in such manner and at such times
as specified in this Agreement.

         7.2      Bank reserves the right to determine, in its sole and absolute
discretion, whether, to what extent and by what method, if any, to provide for
the payment of the amounts which may be payable to the Executive, under the
terms of this Agreement. In the event that the Bank elects to fund this
Agreement, in whole or in part, through the use of life insurance or annuities,
or both, the Bank shall determine the ownership and beneficial interests of any
such policy of life insurance or annuity. The Bank further reserves the right,
in its sole and absolute discretion, to terminate any such policy, and any other
device used to fund its obligations under this Agreement, at any time, in whole
or in part. Consistent with Section 7.1 above, the Executive shall have no
right, title or interest in or to any funding source or amount utilized by the
Bank pursuant to this Agreement, and any such funding source or amount shall not
constitute security for the performance of the Bank's obligations pursuant to
this Agreement. In connection with the foregoing, the Executive agrees to
execute such documents and undergo such medical examinations or tests which the
Bank may request and which may be reasonably necessary to facilitate any funding
for this Agreement including, without limitation, the Bank's acquisition of any
policy of insurance or annuity.

                                    SECTION 8
                                  MISCELLANEOUS

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

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         8.2      No Guarantee of Employment. This Agreement is not an
employment policy or contract. It does not give the Executive the right to
remain an employee of the Bank, nor does it interfere with the Bank's right to
discharge the Executive. It also does not require the Executive to remain an
employee nor interfere with the Executive's right to terminate employment at any
time.

         8.3      Non-Transferability. Benefits under this Agreement cannot be
sold, transferred, assigned, pledged, attached or encumbered in any manner. In
particular, the Executive shall have no power or right to transfer, assign,
anticipate, hypothecate, modify or otherwise encumber any part or all of the
amounts payable hereunder, nor, prior to payment in accordance with the terms of
this Agreement, shall any portion of such amounts be: (i) subject to seizure by
any creditor of the Executive, by a proceeding at law or in equity, for the
payment of any debts, judgments, alimony or separate maintenance obligations
which may be owed by the Executive; or (ii) transferable by operation of law in
the event of bankruptcy, insolvency or otherwise. Any such attempted assignment
or transfer shall be void.

         8.4      Reorganization. This Agreement shall be binding upon and inure
to the benefit of the Executive and the Bank. Accordingly, the Bank shall not
merge or consolidate into or with another corporation, or reorganize or sell
substantially all of its assets to another corporation, firm or person, unless
and until such succeeding or continuing corporation, firm or person agrees to
assume and discharge the obligations of the Bank under this Agreement. In the
alternative, the Holding Company may agree to assume and discharge the
obligation of the Bank under this Agreement. Upon the occurrence of such event,
the term "Bank" as used in this Agreement shall be deemed to refer to such
surviving or successor firm, person, entity or corporation, or the Holding
Company, as the case may be.

         8.5      Tax Withholding. The Bank shall withhold any taxes that are
required to be withheld from the benefits provided under this Agreement.

         8.6      Applicable Law. The laws of the State of Oregon, other than
those laws denominated choice of law rules, federal law in the case of
preemption, and where applicable, the rules and regulations of any regulatory
agency or governmental authority having jurisdiction over the Bank or the
Holding Company, shall govern the validity, interpretation, construction and
effect of this Agreement.

         8.7      Unfunded Arrangement. The Executive and beneficiary are
general unsecured creditors of the Bank for the payment of benefits under this
Agreement. The benefits represent the mere promise by the Bank to pay 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 is a general
asset of the Bank to which the Executive and beneficiary have no preferred or
secured claim.

         8.8      Entire Agreement. This Agreement supersedes any and all other
agreements, either oral or in writing, between the parties with respect to the
subject matter of this Agreement and contains all of the covenants and
agreements between the parties with respect thereto. Each party to this
Agreement acknowledges that no other representations, inducements, promises, or
agreements, oral or otherwise, have been made by any party, or anyone acting on
behalf of any party, which are not set forth herein, and that no other
agreement, statement, or promise not contained in this Agreement shall be valid
or binding on either party. No rights are granted to the Executive by virtue of
this Agreement other than those specifically set forth herein.

         8.9      Administration. The Bank shall have powers which are necessary
to administer this Agreement, including but not limited to: (i) maintaining a
record of benefit payments; (ii) establishing rules and prescribing any forms
necessary or desirable to administer the Agreement; and (iii) interpreting the
provisions of the Agreement.

         8.10     Named Fiduciary. The Bank shall be the named fiduciary and
plan administrator under this Agreement. It may delegate to others certain
aspects of the management and operational responsibilities including the
employment of advisors and the delegation of ministerial duties to qualified
individuals.

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         8.11     Paragraph Headings. The paragraph headings used in this
Agreement are for convenience only, and shall not affect or be used in
connection with the interpretation of this Agreement.

         8.12     No Strict Construction. The language used in this Agreement
shall be deemed to be the language chosen by the parties hereto to express their
mutual intent, and no rule of strict construction will be applied against any
person.

         8.13     Opportunity To Consult With Independent Advisors. The
Executive acknowledges that he or she has been afforded the opportunity to
consult with independent advisors of his choosing including, without limitation,
accountants or tax advisors and counsel regarding both the benefits granted to
him under the terms of this Agreement and the (i) terms and conditions which may
affect the Executive's right to these benefits and (ii) personal tax effects of
such benefits including, without limitation, the effects of any federal or state
taxes, Section 280G of the Code, and any other taxes, costs, expenses or
liabilities whatsoever related to such benefits, which in any of the foregoing
instances the Executive acknowledges and agrees shall be the sole responsibility
of the Executive notwithstanding any other term or provision of this Agreement.
The Executive further acknowledges and agrees that the Bank shall have no
liability whatsoever related to any such personal tax effects or other personal
costs, expenses, or liabilities applicable to the Executive and further
specifically waives any right for himself or herself, and his or her heirs,
beneficiaries, legal representatives, agents, successor and assign to claim or
assert liability on the part of the Bank related to the matters described above
in this Section 8.13. The Executive further acknowledges that he or she has
read, understands and consents to all of the terms and conditions of this
Agreement, and that he or she enters into this Agreement with a full
understanding of its terms and conditions.

         8.14     Arbitration of Disputes. All claims, disputes and other
matters in question arising out of or relating to this Agreement or the breach
or interpretation thereof, other than those matters which are to be determined
by the Bank in its sole and absolute discretion, shall be resolved by binding
arbitration before a representative member, selected by the mutual agreement of
the parties, of the Judicial Arbitration and Mediation Services, Inc. ("JAMS"),
located in Portland, Oregon. In the event JAMS is unable or unwilling to conduct
the arbitration provided for under the terms of this Paragraph, or has
discontinued its business, the parties agree that a representative member,
selected by the mutual agreement of the parties of the American Arbitration
Association ("AAA") located in Portland, Oregon, shall conduct the binding
arbitration referred to in this Paragraph. Notice of the demand for arbitration
shall be filed in writing with the other party to this Agreement and with JAMS
(or AAA, if necessary). In no event shall the demand for arbitration be made
after the date when institution of legal or equitable proceedings based on such
claim, dispute or other matter in question would be barred by the applicable
statute of limitations. The arbitration shall be subject to such rules of
procedure used or established by JAMS, or if there are none, the rules of
procedure used or established by AAA. Any award rendered by JAMS or AAA shall be
final and binding upon the parties, and as applicable, their respective heirs,
beneficiaries, legal representatives, agents, successors and assigns, and may be
entered in any court having jurisdiction thereof. Any arbitration hereunder
shall be conducted in The Dalles, Oregon, unless otherwise agreed to by the
parties.

         8.15     Attorneys' Fees. In the event of any arbitration or litigation
concerning any controversy, claim or dispute between the parties hereto, arising
out of or relating to this Agreement or the breach hereof, or the interpretation
hereof, the prevailing party shall be entitled to recover from the losing party
reasonable expenses, attorneys' fees and costs incurred in connection therewith
or in the enforcement or collection of any judgment or award rendered therein.
The "prevailing party" means the party determined by the arbitrator(s) or court,
as the case may be, to have most nearly prevailed, even if such party did not
prevail in all matters, not necessarily the one in whose favor a judgment is
rendered.

         8.16     Notice. Any notice required or permitted of either the
Executive or the Bank under this Agreement shall be deemed to have been duly
given, if by personal delivery, upon the date received by the party or its
authorized representative; if by facsimile, upon transmission to a telephone
number previously provided by the party to whom the facsimile is transmitted as
reflected in the records of the party transmitting the facsimile and upon
reasonable confirmation of such transmission; and if by mail, on the third day
after mailing via U.S. first class mail, registered or certified, postage
prepaid and return receipt requested, and addressed to the party at the address
given below for the receipt of notices, or such changed address as may be
requested in writing by a party.

Page 9  EXECUTIVE SALARY CONTINUATION AGREEMENT - RLC 2007

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                  If to the Bank:                Columbia River Bank
                                                 420 East Third Street
                                                 The Dalles, Oregon 97058

                  If to the Executive:           c/o Columbia River Bank
                                                 P0 Box 1050
                                                 The Dalles, Oregon 97058

         8.17     Nonwaiver. The failure of either party to enforce at any time
or for any period of time any one or more of the terms or conditions of this
Agreement shall not be a waiver of such term(s) or condition(s) or of that
party's right thereafter to enforce each and every term and condition of this
Agreement.

         8.18     Partial Invalidity. If any terms, provision, covenant, or
condition of this Agreement is determined by an arbitrator or a court, as the
case may be, to be invalid, void, or unenforceable, such determination shall not
render any other term, provision, covenant or condition invalid, void or
unenforceable, and the Agreement shall remain in full force and effect
notwithstanding such partial invalidity.

         8.19     Modifications. Any modification of this Agreement shall be
effective only if it is in writing and signed by each party or such party's
authorized representative.

         8.20     Compliance with Code Section 409A. Notwithstanding any other
provision of this Agreement, it is intended that any payment or benefit which is
provided pursuant to or in connection with this Agreement shall be provided and
paid in a manner, and at such time and in such form, as complies with the
applicable requirements of Section 409A of the Code to avoid the unfavorable tax
consequences provided therein for non-compliance. Any provision in this
Agreement that is determined to violate the requirements of Section 409A shall
be void and without effect. To the extent permitted under Section 409A, the
parties shall reform the provision, provided such reformation shall not subject
the Executive to additional tax or interest and the Bank shall not be required
to incur any additional compensation as a result of the reformation. In
addition, any provision that is required to appear in this Agreement that is not
expressly set forth shall be deemed to be set forth herein, and this Agreement
shall be administered in all respects as if such provision were expressly set
forth. References in this Agreement to Section 409A of the Code include rules,
regulations, and guidance of general application issued by the Department of the
Treasury under Internal Revenue Code Section 409A.

         IN WITNESS OF THE ABOVE, the Bank and the Executive have signed this
Agreement on this ______ day of ______________________, 2007.

Executive:                                     Columbia River Bank

____________________________________           By     __________________________

                                               Title  __________________________

Page 10 EXECUTIVE SALARY CONTINUATION AGREEMENT - RLC 2007

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