EXHIBIT 10.6

                                WARRANT AGREEMENT


     THIS AGREEMENT is made and entered into as of this 30th day of September,
2000, by and between NICOLET NATIONAL BANK, Green Bay, Wisconsin, a national
banking association (the "Bank"), and __________________________________________
("Warrant Holder").


                               W I T N E S S E T H
                               - - - - - - - - - -


     WHEREAS, Warrant Holder served as an organizer in the formation of the
Bank; and

     WHEREAS, Warrant Holder purchased ___________ shares of $5.00 par value
common stock offered by the Bank in its initial stock offering, at a price of
$10.00 per share; and

     WHEREAS, Warrant Holder will provide services to the Bank as a director of
the Bank; and

     WHEREAS, the Bank, in recognition of the financial risk undertaken by
Warrant Holder in organizing the Bank, desires to provide Warrant Holder with
the right to purchase one share of common stock for each share of common stock
Warrant Holder purchased in the Bank's initial offering of common stock, up to a
maximum of 7,500 shares;

     NOW, THEREFORE, in consideration of the premises and other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the parties hereto agree as follows:

     1.     Grant of Warrant. Subject to the terms, restrictions, limitation
            ----------------
and conditions stated herein, the Bank hereby grants to Warrant Holder a warrant
(the "Warrant") to purchase all or any part of an aggregate of 7,500 shares of
the common stock, subject to adjustment in accordance with Section 7 hereof.

     2.     Term.
            ----

          (a)   The term for the exercise of the Warrant begins at 9:00 a.m.,
     Eastern Time, on the one-year anniversary of the close of the Bank's
     initial stock offering (the "Close Date") and ends at 5:00 p.m., Eastern
     Time, on the earlier of the tenth anniversary of the Close Date or 90 days
     after Warrant Holder ceases to serve as a director of the Bank (the
     "Expiration Time"). The Warrant will vest at the rate of 1/3 per year
     beginning on the first anniversary of the Close Date. On each subsequent
     anniversary of the Close Date, an additional 1/3 of the Warrant shall vest.
     The vested portion of the Warrant may be exercised in whole, or from time
     to time in part, at any time prior to the Expiration Time.


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          (b)   Notwithstanding any other provision of this Agreement, if the
     Bank's capital falls below the minimum requirements contained in 12 CFR 3
     or below a higher requirement as determined by the OCC, the OCC may direct
     the Bank to require the Warrant Holder to exercise or forfeit his or her
     Warrant. The Bank will notify the Warrant Holder within 45 days from the
     date the OCC notifies the Bank in writing that the Warrant Holder must
     exercise or forfeit this Warrant. The Bank will cancel the Warrant if not
     exercised within 21 days of the Bank's notification to the Warrant Holder.
     The Bank agrees to comply with any OCC request that the Bank invoke its
     right to require the Warrant Holder to exercise or forfeit his or her
     Warrant under the circumstances stated above.

     3.     Purchase Price. The price per share to be paid by Warrant Holder for
            --------------
the shares of common stock subject to this Warrant shall be $10.00, subject to
adjustment as set forth in Section 6 hereof (such price, as adjusted,
hereinafter called the "Purchase Price").

     4.     Exercise of Warrant.  The Warrant may be exercised by Warrant Holder
            -------------------
by delivery to the Bank, at the address of the Bank set forth under Section
10(a) hereof or such other address as to which the Bank advises Warrant Holder
pursuant to Section 10(a) hereof, of the following:

          (a) Written notice of exercise specifying the number of shares of
     common stock with respect to which the Warrant is being exercised; and

          (b) A cashier's or certified check payable to the Bank for the full
     amount of the aggregate Purchase Price for the number of shares as to which
     the Warrant is being exercised.

     5.     Issuance of Shares.  Upon receipt of the items set forth in Section
            ------------------
4, and subject to the terms hereof, the Bank shall cause to be delivered to
Warrant Holder stock certificates for the number of shares specified in the
notice to exercise, such share or shares to be registered under the name of
Warrant Holder. Notwithstanding the foregoing, the Bank shall not be required to
issue or deliver any certificate for shares of the common stock purchased upon
exercise of the Warrant or any portion thereof prior to the fulfillment of the
following conditions:

          (a) The admission of such shares for listing on all stock exchanges on
     which the common stock is then listed;

          (b) The completion of any registration or other qualification of such
     shares which the Bank shall deem necessary or advisable under any federal
     or state law or under the rulings or regulations of the Securities and
     Exchange Commission or any other governmental regulatory body;

          (c) The obtaining of any approval or other clearance from any federal
     or state governmental agency or body, which the Bank shall determine to be
     necessary or advisable; or


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          (d) The lapse of such reasonable period of time following the exercise
     of the Warrant as the Bank from time to time may establish for reasons of
     administrative convenience.

     The Bank shall have no obligation to obtain the fulfillment of these
conditions; provided, however, Warrant Holder shall have one full calendar year
after these conditions have been fulfilled to exercise his or her warrants
granted herein, notwithstanding any other provision herein.

     6.     Antidilution, Etc.
            ------------------

          (a)   If, prior to the Expiration Time, the Bank shall subdivide its
     outstanding shares of common stock into a greater number of shares, or
     declare and pay a dividend of its common stock payable in additional shares
     of its common stock, the Purchase Price as then in effect shall be
     proportionately reduced, and the number of shares of common stock then
     subject to exercise under the Warrant (and not previously exercised) shall
     be proportionately increased.

          (b)   If, prior to the Expiration Time, the Bank shall combine its
     outstanding shares of the common stock into a smaller number of shares, the
     Purchase Price, as then in effect, shall be proportionately increased, and
     the number of shares of common stock then subject to exercise under the
     Warrant (and not previously exercised), shall be proportionately reduced.

     7.     Reorganization, Reclassification, Consolidation or Merger. If, prior
            ---------------------------------------------------------
to the Expiration Time, there shall be any reorganization or reclassification of
the common stock (other than a subdivision or combination of shares provided for
in Section 6 hereof), or any consolidation or merger of the Bank with another
entity, Warrant Holder shall thereafter be entitled to receive, during the term
hereof and upon payment of the Purchase Price, the number of shares of stock or
other securities or property of the Bank or of the successor entity (or its
parent company) resulting from such consolidation or merger, as the case may be,
to which a holder of the common stock, deliverable upon the exercise of this
Warrant, would have been entitled upon such reorganization, reclassification,
consolidation or merger; and in any case, appropriate adjustment (as determined
by the Board of Directors of the Bank in its sole discretion) shall be made in
the application of the provisions herein set forth with respect to the rights
and interest thereafter of Warrant Holder to the end that the provisions set
forth herein (including the adjustment of the Purchase Price and the number of
shares issuable upon the exercise of this Warrant) shall thereafter be
applicable, as near as may reasonably be practicable, in relation to any shares
or other property thereafter deliverable upon the exercise hereof.

     8.     Notice of Adjustments.  Upon any adjustment provided for in Section
            ---------------------
6 or Section 7 hereof, the Bank, within 30 days thereafter, shall give written
notice thereof to Warrant Holder at the address set forth under Section 10(a)
hereof or such other address as Warrant Holder may advise the Bank pursuant to
Section 10(a) hereof, which notice shall state the Warrant Price as adjusted and
the increased or decreased number of shares purchasable upon the exercise of
this Warrant, setting forth in reasonable detail the method of calculation of
each.


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     9.    Transfer and Assignment.
           -----------------------

          (a) Neither this Warrant nor any rights hereunder are assignable or
     transferable by Warrant Holder otherwise than by will or under the laws of
     descent and distribution. During Warrant Holder's lifetime, this Warrant is
     exercisable only by Warrant Holder (or by Warrant Holder's guardian or
     legal representative, should one be appointed). More particularly, but
     without limiting the generality of the foregoing, this Warrant may not be
     assigned, transferred (except as aforesaid), pledged or hypothecated in any
     way (whether by operation of law or otherwise) and shall not be subject to
     execution, attachment or similar process. Any attempted assignment,
     transfer, pledge, hypothecation or other disposition of this Warrant shall
     be null and void and without legal effect.

          (b) Shares of common stock acquired by exercise of the Warrant granted
     hereby may not be transferred or sold unless the transfer is exempt from
     further regulatory approval or otherwise permissible under applicable law,
     including state and federal securities laws, and will bear a legend to this
     effect.

     10.     Miscellaneous.
             -------------

          (a) All notices, requests, demands and other communications required
     or permitted hereunder shall be in writing and shall be deemed to have been
     duly given when delivered by hand, telegram or facsimile transmission, or
     if mailed, by postage prepaid first class mail, on the third business day
     after mailing, to the following address (or at such other address as a
     party may notify the other hereunder):

          To the Bank:

               Nicolet National Bank
               110 South Washington Street
               Green Bay, Wisconsin  54301
               Fax:  920/430-7580
               Attention:     Robert B. Atwell,
                              President and Chief Executive Officer

          To Warrant Holder:

               ____________________________
               ____________________________
               ____________________________


          (b)  The Bank covenants that it has reserved and will keep available,
     solely for the purpose of issue upon the exercise hereof, a sufficient
     number of shares of common stock to permit the exercise hereof in full.


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          (c)  No holder of this Warrant, as such, shall be entitled to vote or
     receive dividends with respect to the shares of common stock subject hereto
     or be deemed to be a shareholder of the Bank for any purpose until such
     common stock has been issued.

          (d)  This Warrant may be amended only by an instrument in writing
     executed by the party against whom enforcement of amendment is sought.

          (e)  This Warrant may be executed in counterparts, each of which shall
     be deemed an original, but all of which shall constitute one and the same
     instrument.

          (f)  This Warrant shall be governed by and construed and enforced in
     accordance with the laws of the State of Wisconsin.

     IN WITNESS WHEREOF, the Bank has caused this Warrant to be signed by its
duly authorized officers and its corporate seal to be affixed hereto, and
Warrant Holder has executed this Warrant under seal, all as of the day and year
first above written.


                                NICOLET NATIONAL BANK


                                By:
                                   ----------------------------------------
                                      Robert B. Atwell
                                      President and Chief Executive Officer



                                WARRANT HOLDER


                                                                (SEAL)
                                --------------------------------


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