Citibank, N.A.
333 West 34th Street, 2nd Floor
New York, NY 10001

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Exhibit 10.17

CONFIRMATION

Date:
August 13, 2003
 
 
To:
Gold Bank Corporation, Inc. ("Counterparty")
 
 
Attention:
Rick Tremblay, Chief Financial Officer
Phone No.:
913-323-7703
Facsimile No:
913-451-8004
 
 
From:
Citibank, N.A. New York ("Citibank")
 
 
Telefax No.:
212-615-8985

Transaction Reference Number: 35684

The purpose of this communication is to set forth the terms and conditions of
the above-referenced transaction entered into on the Trade Date specified below
(the "Transaction") between Citibank, N.A., New York ("Citibank") and Gold Bank
Corporation, Inc. (" Counterparty"). This communication constitutes a
"Confirmation" as referred to in the Agreement specified below.

The definitions and provisions contained in the 2000 ISDA Definitions (the
`Definitions`) (as published by the International Swaps and Derivatives
Association, Inc.) are incorporated into this Confirmation. References herein to
a `Transaction` shall be deemed to be references to a `Swap Transaction` for the
purposes of the Definitions.

This Confirmation supplements, forms a part of, and is subject to, the ISDA
Master Agreement dated as of August 14, 2002, as amended and supplemented from
time to time (the `Master Agreement`), between Counterparty and Citibank. All
provisions contained in the Master Agreement govern this Confirmation except as
expressly modified below. In the event of any inconsistency between this
Confirmation and the Definitions or the Master Agreement, this Confirmation will
govern.

Each party will make each payment specified in this Confirmation as being
payable by it, not later than the due date for value on that date in the place
of the account specified below or otherwise specified in writing, in freely
transferable funds and in the manner customary for payments in the required
currency (as specified in section 4).

1.     The terms of the particular Transaction to which this Confirmation
relates are as follows:

Transaction I
 
 
 
Notional Amount:
USD 30,000,000.00
 
 
Trade Date:
August 13, 2003

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 Trade Date: August 13, 2003
Reference: 35684
Page 1 of 8

   

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    Citibank, N.A.
333 West 34th Street, 2nd Floor
New York, NY 10001

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Effective Date:
August 15, 2003
 
 
Termination Date:
May 1, 2011, subject to adjustment in accordance with the Modified Following
Business Day Convention.

 
Fixed Amounts:

Fixed Rate Payer:
Citibank
 
 
Fixed Rate Payer Payment Dates:
Quarterly, on the 1 st day of day of May, August, November and February in each
year, commencing November 1, 2003 to and including the Termination Date, subject
to adjustment in accordance with the Modified Following Business Day Convention
 
 
Fixed Rate:
4.75 percent
 
 
Fixed Rate Day Count Fraction:
Actual/360

Floating Amounts:

Floating Rate Payer:
Counterparty
 
 
Floating Rate Payer Payment Dates:
Quarterly, on the 1 st day of day of May, August, November and February in each
year, commencing November 1, 2003 to and including the Termination Date, subject
to adjustment in accordance with the Modified Following Business Day Convention
 
 
Floating Rate for initial Calculation Period:
To be determined two London Banking Days prior to the Effective Date.
 
 
Floating Rate Option:
USD-LIBOR-BBA
 
 
Designated Maturity:
3 Months
 
 
Spread:
Plus 1.54 percent
 
 
Floating Rate Payer Day Count Fraction:
Actual/360
 
 
Reset Dates:
The first day of each Floating Rate Payer Calculation Period

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 Trade Date: August 13, 2003
Reference: 35684
Page 2 of 8

   

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    Citibank, N.A.
333 West 34th Street, 2nd Floor
New York, NY 10001

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Compounding:
Inapplicable
 
 
Business Days:
New York
 
 
Calculation Agent:
Citibank, N.A. New York, or as stated per the Master Agreement

 
2.     The Transaction to which this Confirmation relates is a Swaption, the
terms of which are as follows:

Transaction II

Trade Date:
August 13, 2003
 
 
Option Style:
Bermudan
 
 
Seller:
Citibank
 
 
Buyer :
Counterparty
 
 
Exercise Business Days:
New York
 
 
Procedure for Exercise
 
 
 
Bermudan Option Exercise
 
Dates:
The day that is two (2) Exercise Business Days preceding each 1 st day of
February, May, August and November from and including the Commencement Date up
to but excluding the Expiration Date.
 
 
Commencement Date:
May 1, 2004, subject to adjustment in accordance with the Modified Following
Business Day Convention.
 
 
Exercise Dates:
The Optional Early Termination Date.
 
 
Expiration Date:
May 1, 2011, subject to adjustment in accordance with the Modified Following
Business Day Convention.
 
 
Expiration Time:
12:00 noon New York time
 
 
Partial Exercise:
Inapplicable

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 Trade Date: August 13, 2003
Reference: 35684
Page 3 of 8

   

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    Citibank, N.A.
333 West 34th Street, 2nd Floor
New York, NY 10001

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Automatic Exercise:
Inapplicable
 
 
Settlement Terms
 
 
 
Settlement:
Physical
 
 
The particular terms of the Underlying Swap Transaction to which the Swaption
relates are as follows:
 
 
Notional Amount:
USD 30,000,000.00
 
 
Trade Date:
August 13, 2003
 
 
Effective Date:
May 3, 2004
 
 
Termination Date:
May 1, 2011, subject to adjustment in accordance with the Modified Following
Business Day Convention.

Fixed Amounts:

Fixed Rate Payer:
Counterparty
 
 
Fixed Rate Payer Payment Dates:
Quarterly, on the 1 st day of day of May, August, November and February in each
year, commencing August 1, 2004 to and including the Termination Date, subject
to adjustment in accordance with the Modified Following Business Day Convention
 
 
Fixed Rate:
4.75percent
 
 
Fixed Rate Day Count Fraction:
Actual/360

Floating Amounts:

Floating Rate Payer:
Citibank
 
 
Floating Rate Payer Payment Dates:
Quarterly, on the 1 st day of day of May, August, November and February in each
year, commencing August 1, 2004 to and including the Termination Date, subject
to adjustment in accordance with the Modified Following Business Day Convention

 

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 Trade Date: August 13, 2003
Reference: 35684
Page 4 of 8

   

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    Citibank, N.A.
333 West 34th Street, 2nd Floor
New York, NY 10001

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Floating Rate for initial Calculation Period:
To be determined two London Banking Days prior to the Effective Date.
 
 
Floating Rate Option:
USD-LIBOR-BBA
 
 
Designated Maturity for the Calculation Periods from and including the Effective
Date up to but excluding August 1, 2004:
Linear Interpolation
 
 
Designated Maturity for the Calculation Periods from and including August 1,
2004 to and including the Termination Date:
3 Months
 
 
Floating Rate Payer Day Count Fraction:
Actual/360
 
 
Reset Dates:
The first day of each Floating Rate Payer Calculation Period
 
 
Compounding:
Inapplicable
 
 
Business Days:
New York
 
 
Calculation Agent:
Citibank, N.A. New York, or as stated per the Master Agreement

3. Cash Settlement Provision (unwind procedure):

Provided that no Event of Default or event with which the giving of notice or
the lapse of time, or both, would constitute such an Event of Default shall have
occurred and be continuing, and provided that no Early Termination Date has been
designated with respect to any Transaction, Counterparty may require either or
both such Transactions to be terminated and the remaining payment obligations
under such Transaction to be settled and discharged on any Business Day, subject
to adjustment in accordance with the Modified Following Business Day Convention
(the "Cash Settlement Date") by telephonic notice to the other party at
approximately 11:00 a.m., New York time, on the day that is five Business Days
prior to the Cash Settlement Date. If such notice is given, an amount (the "Cash
Settlement Amount") shall be calculated as provided below on the day that is two
Business Days prior to the Cash Settlement Date (the "Cash Settlement
Determination Date"), and the remaining payment obligations of each party under
such Transaction shall be settled and discharged by payment of the Cash
Settlement Amount on the Cash Settlement Date.
 

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 Trade Date: August 13, 2003
Reference: 35684
Page 5 of 8

   

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    Citibank, N.A.
333 West 34th Street, 2nd Floor
New York, NY 10001

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"Cash Settlement Amount" means: (1) an amount agreed for that purpose by the
parties at approximately 11:00 a.m., New York time, on the Cash Settlement
Determination Date or at such other time as the parties may agree for such
purpose (in either case, the "Determination Time"), or (2) if such an agreement
cannot be reached, the amount which would be payable if (a) the Cash Settlement
Date was an Early Termination Date (provided that the Cash Settlement Amount
shall be determined at the Determination Time and paid for value on the Cash
Settlement Date), (b) such Transaction was the only Terminated Transaction, (c)
the Termination Currency was U.S. Dollars, and (d) the amount due in respect of
such Early Termination Date was calculated in accordance with Section
6(e)(ii)(2)(A) of the Agreement; provided, however, that notwithstanding any
contrary provision of the definitions of "Settlement Amount" or "Market
Quotation" or any other provision of the Agreement, quotations shall be
solicited from five leading dealers in the U.S. Dollar interest rate swap market
which would qualify as "Reference Market-makers" if selected for that purpose by
either party (the "Selected Dealers"), each of the Selected Dealers shall be
instructed to provide quotations of the market value of such Transaction and the
parties shall obtain such quotations in concert or as agreed between themselves
at the Determination Time.
A Cash Settlement Amount which is agreed upon by the parties shall be paid by
the party designated in such agreement. A Cash Settlement Amount calculated in
accordance with Section 6(e)(ii)(2)(A) of the Agreement shall be paid by the
party which would be designated as the payer of such an amount under the
Agreement. Upon payment of the Cash Settlement Amount payable on the Cash
Settlement Date, this Transaction shall terminate and neither party shall have
any further rights or obligations hereunder.

4. Netting of Payments

All payments in both transactions will be netted so only one payment will be
delivered per payment period.

5. Credit Provisions

All provisions contained in the Credit Support Annex dated August 14, 2002 will
govern this Confirmation except as expressly modified below:

a) ‘Counterparty’ as Party B as defined in the Credit Support Annex shall post
an Independent Amount equal to 2% of Floating Rate Payer notional amount.

 
b) Gold Bank, a Kansas State chartered bank, remains well capitalized according
to regulatory guidelines or Citibank has the right to terminate the Transaction
or request additional collateral

c) Gold Bank, a Kansas State chartered bank remains directly or indirectly
wholly-owned by the Counterparty or Citibank has the right to terminate the
Transaction or request additional collateral.

d) There is a mutual puts on 8/15/08 as specified in section 6 below. If
exercised then both transactions are terminated.

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 Trade Date: August 13, 2003
Reference: 35684
Page 6 of 8

   

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    Citibank, N.A.
333 West 34th Street, 2nd Floor
New York, NY 10001

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6.     Optional Early Termination :

Optional Early Termination:
Applicable
 
 
Option Style:
European
 
 
Exercise Business Days:
New York and London
 
 
Procedure for Exercise:
 
 
 
Expiration Date:
Five Exercise Business Days preceding the Cash Settlement Payment Date
 
 
Earliest Exercise Time:
9:00 a.m. New York time
 
 
Expiration Time:
11:00 a.m. New York time
 
 
Settlement Terms:
 
 
 
Cash Settlement:
Applicable
 
 
Cash Settlement Valuation Time:
11:00 a.m. New York time
 
 
Cash Settlement Valuation Date:
Two Valuation Business Days preceding the Cash Settlement Payment Date.
 
 
 
 
Valuation Business Days:
New York and London
 
 
Cash Settlement Payment Date:
August 15, 2008
 
 
Business Day Convention for
 
Cash Settlement Payment
 
Date:
Modified Following
 
 
Cash Settlement Method:
Cash Price
 
 
Cash Settlement Reference Banks:
Five leading dealers in the relevant swap market determined by the parties in
good faith on the Exercise Date at the Expiration time
 
 
Quotation Rate:
Mid

 

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 Trade Date: August 13, 2003
Reference: 35684
Page 7 of 8

   

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    Citibank, N.A.
333 West 34th Street, 2nd Floor
New York, NY 10001

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7.     Account Details :

Payments to Citibank:
Account for payments:
 
Citibank, N.A. New York
 
ABA # 021000089
 
Account No. 00167679
 
Financial Futures
 
Reference Swap: 35684
 
 
Payments to Counterparty:
Account for payments:
 
Gold Banc-Leawood
 
ABA #: 101102315
 
Account No.: 1006450976
 
Gold Banc Corporation Inc.
 
Reference Swap 35684.

Counterparty hereby agrees (a) to check this Confirmation (Reference No.: 35684)
carefully and immediately upon receipt so that errors or discrepancies can be
promptly identified and rectified and (b) to confirm that the foregoing
correctly sets forth the terms of the agreement between Citibank, N.A. New York
and Counterparty with respect to the particular Transaction to which this
Confirmation relates, by manually signing this Confirmation and providing the
other information requested herein and immediately returning an executed copy to
Facsimile No. 212-615-8985

Very truly yours,

CITIBANK, N.A. NEW YORK

By:

Agreed and Accepted By:

Gold Bank Corporation, Inc.

By:_____________________________________________                    

Name: Rick Tremblay

Title:   Chief Financial Officer

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 Trade Date: August 13, 2003
Reference: 35684
Page 8 of 8