A processor system may implement multiple contexts on one or more processors having a local memory. Code and/or data for first and second contexts may be respectively stored simultaneously in first and second regions of a processor's local memory, storing code and/or data for a second context in a second region of the local memory, the secondary processor may execute the first context while the second context waits. Code and/or data for the first context may be transferred from the first region to the second and code and/or data for the second context may be transferred from the second region to the first, and the processor may execute the second context during a pause or stoppage of execution of the first context. Alternatively, the code and/or data for the second context may be transferred to another processor's local memory.