EXHIBIT 10.6

NATIONAL PENN BANCSHARES, INC. CAPITAL ACCUMULATION PLAN
(Amended and Restated Effective January 1, 1997)

(Revised 2001)

Amendment No. 14

National Penn Bancshares, Inc. (the "Company") adopted the National Penn
Bancshares, Inc. Capital Accumulation Plan (Amended and Restated Effective
January 1, 1997) (Revised 2001)(the "Plan") for the benefit of certain of its
Employees (as defined in the Plan) and its subsidiaries' Employees. The Company
subsequently amended the Plan by Amendment Nos. 1-13 thereto.

The Company hereby amends Schedule A to the Plan to make entries under the
headings "Entity" and "Date" as hereinafter set forth.

Entity
Date
Resources for Retirement, Inc.
April 10, 2006

 
Executed this 4th day of October, 2006.

Attest:
NATIONAL PENN BANCSHARES, INC.
       
By:  /s/ Donna L. Wentzel
By:  /s/ Earl Houseknecht
        Senior Vice President-HR
 

 
 
 
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