Officer shall be entitled to participate, under the terms of the respective plans and subject to periodic plan changes, in Umpqua’s group health benefit package, long-term disability and life insurance, 401(k) plan, and such other compensation or benefits as approved by the Board. Officer shall be entitled to four weeks of vacation per year. Officer shall be entitled to participate in Umpqua’s annual Executive Incentive Compensation Plan with a target annual bonus opportunity of 60% of Officer’s annual Base Salary, subject to the terms of such plan as revised from time to time. Officer will be entitled to participate in Umpqua’s 2014 Supplemental Retirement (Top Hat) / Deferred Compensation Plan.