EXHIBIT 10.4
2006 EMPLOYMENT AGREEMENT
Columbia River Bank - Britt W. Thomas
This Employment Agreement (the "Agreement") is made and entered into this 15th day of April, 2006 by and
between Columbia River Bank, an Oregon corporation ("Bank") and Britt W. Thomas ("Employee").
RECITALS
(1) Bank is a state-chartered Oregon financial institution, and is the wholly owned subsidiary of Columbia
Bancorp ("Bancorp"). Bancorp's principal office is at 401 East Third Street, Suite 200, The Dalles, Oregon
97058.
(2) Bank desires to employ Employee as an officer of Bank on the terms and conditions set forth herein.
Now, therefore, it is agreed:
1. RELATIONSHIP AND DUTIES.
1.1 EMPLOYMENT AND TITLE. Bank shall employ Employee as an officer of Bank with such title as the
President and Chief Executive Officer of the Bank shall designate. Subject to the terms and conditions hereof,
employee shall perform such duties and exercise such authority as are customarily performed and exercised by
persons holding such office, subject to the general direction of the President and Chief Executive Officer of the
Bank and of the Boards of Directors of Bancorp and the Bank. Such services and duties shall be exercised in
good faith and in accordance with standards of reasonable business judgment. As used herein, references to
"Bank" shall be deemed to also refer to and include Bancorp where the context requires.
1.2 DUTIES; CONFLICTS. Employee shall devote his full time, attention and efforts to the diligent performance
of his duties as an officer of the Bank. Employee will not accept employment with any other individual,
corporation, partnership, governmental authority or any other entity, or engage in any other venture for profit
which Bancorp, or any subsidiary, parent, sister or affiliated corporation of Bancorp, considers to be in conflict
with their best interests or to be in competition with their business, or which may interfere in any way with
Employee's performance of his duties hereunder.
1.3 SERVIC