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Exhibit 10(a) Amended Senior Management 1998 Change In Control Program

            AMENDED SENIOR MANAGEMENT 1998 CHANGE IN CONTROL PROGRAM

         Admiralty Bank has implemented an Amended Senior Management 1998 Change
    in Control Program (the "Program") for certain specifically designated
    members of Senior Management that will take effect in the event of a Change
    in Control (as hereinafter defined) of Admiralty Bank. This program amends
    and replaces the Senior Management Severance Program.

I.  DEFINITIONS

         A. Base Pay - "Base Pay" is a Senior Management Employee's (a) base
    weekly salary, or (b) base hourly wage multiplied by forty (40) hours,
    exclusive of overtime and incentive compensation of any kind.

         B. Change in Control - A "Change in Control" means any consolidation,
    merger or reorganization or any series of related transactions by Admiralty
    Bancorp, Inc. ("Bancorp"), a Delaware corporation, (the holding company of
    Admiralty Bank) or its shareholders in which in excess of 49% of Admiralty
    Bancorp, Inc.'s equity interests or 49% of Admiralty Bancorp, Inc.'s voting
    power is transferred, or any transaction which causes the present members of
    Admiralty Bancorp, Inc.'s Board of Directors to lose majority control of the
    Board of Directors of Admiralty Bancorp, Inc., or a sale of all or
    substantially all of the assets of Admiralty Bancorp, Inc.

         C. Program Period - The "Program Period" is a period ending ninety (90)
    days after a Change in Control.

         D. Qualifying Event - A "Qualifying Event" is the event described in
    Section II of this Program.

         E. Senior Management Employees - The "Senior Management Employees" are:
    Randy O. Burden, William J. Burke, Edward J. Gerrits, II, Dennis W. Gavin,
    Kevin M. Sacket, Lawrence Roselle, John Kapsis, John M. Oliver, David W.
    Englert, and Glenda Medina.

         F. Change in Control Payment - A "Change in Control Payment" is the
    payment made to an Employee under Section III below.

II.      QUALIFYING EVENTS

         The following event or action will be a "Qualifying Event": A Change in
    Control regardless of whether or not the Senior Management Employee's
    employment continues after the Change in Control.

III.     CHANGE IN CONTROL PAYMENT

         If a Qualifying Event occurs during the Program Period, Admiralty Bank
    will make a Change in Control Payment to the following Senior Management
    Employees as follows:

         A. William J. Burke---52 weeks of Base Pay.


         B. Randy O. Burden, David W. Englert, Dennis W. Gavin, Edward J.
    Gerrits, II, John Kapsis, Glenda Medina, John M. Oliver, Kevin M. Sacket
    and/or Lawrence Roselle---39 weeks of Base Pay.

IV.      TIMING OF PAYMENT

         Any Change in Control Payment will be paid in a lump sum, simultaneous
    with the Change in Control, and will be subject to all legally mandated
    withholding (e.g., Federal, State or Local taxes).


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V.       BENEFITS

         If a Qualifying Event occurs during the Program Period, Admiralty Bank
    will provide benefits to the following Senior Management Employees as
    follows:

         A. William J. Burke---52 weeks of benefits then in effect. Thereafter,
    Admiralty Bank will provide this Senior Management Employee with the right
    to continue receipt of benefits as required by law.

         B. Randy O. Burden, David W. Englert, Dennis W. Gavin, Edward J.
    Gerrits, II, John Kapsis, Glenda Medina, John M. Oliver, Kevin M. Sacket
    and/or Lawrence Roselle---39 weeks of benefits then in effect. Thereafter,
    Admiralty Bank will provide these Senior Management Employees with the right
    to continue receipt of benefits as required by law.

         Notwithstanding the foregoing, Admiralty Bank will terminate the
provision of benefits to a Senior Management Employee at such time as that
Senior Management Employee becomes eligible for benefits under the benefit plan
of another employer.

VI.      RELEASE OF CLAIMS

         A Senior Management Employee's right to a Change in Control Payment or
Benefits under the Program will accrue only after the Senior Management Employee
has provided Admiralty Bank and Bancorp, their successors or assigns, with a
signed statement which includes a General Release of all claims by the Senior
Management Employee against Admiralty Bank and Bancorp, their successors or
assigns, and Admiralty Bank's and Bancorp's past and present officers, directors
and employees.

VII.     EMPLOYMENT STATUS

         Unless a Senior Management Employee has a written employment contract,
all employment by Admiralty Bank is employment at will, and either Admiralty
Bank or the Senior Management Employee may terminate the employment relationship
at any time and for any reason. Nothing in the Program changes an Senior
Management Employee's employment status. The Program merely establishes each
Senior Management Employee's right to a Change in Control Payment should a
Qualifying Event occur.

VIII.    TERMINATION

         This Program shall automatically terminate at the end of the Program
Period. No event occurring after the Program terminates will entitle an Employee
to any payment or benefit under this Program.

IX.      INELIGIBILITY FOR "EMPLOYEE SEVERANCE PROGRAM"

         Senior Management employees are ineligible to receive any benefits
under the program specifically known as the "Employee Severance Program." This
Program does not affect the Senior Management Employee's rights or benefits
under the Senior Management 2002 Change in Control Bonus Program.

X.       MISCELLANEOUS PROVISIONS

         A. Determinations. Admiralty Bank shall make such determinations as may
    be required from time to time in the administration of the Program.
    Admiralty Bank shall have the sole authority, discretion and responsibility
    to interpret and construe the Program and to determine all factual and legal
    questions under the Program, including but not limited to the entitlement of
    Senior Management Employees to participate in the Program and the amount of
    their benefits under the Program.

         B. Nonexclusive of Rights. Nothing in the Program shall prevent or
    limit any Participant's continuing or future participation in any benefit,
    bonus, incentive, retirement or other plan or program provided by Admiralty
    Bank and for which the Senior Management Employee may qualify, nor shall
    anything in the Program limit or reduce such rights as any Senior Management
    Employee may have under any other agreement with, or plan, program, policy
    or practice of Admiralty Bank. Amounts which are vested benefits or which a
    Senior


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    Management Employee is otherwise entitled to receive under any agreement
    with, or plan, program, policy or practice of, Admiralty Bank shall be
    payable in accordance with such agreement, plan, program, policy or
    practice, except as explicitly modified by the Program.

         C. Spendthrift Provisions. No Senior Management Employee shall have any
    transmissible interest in the Program nor shall any Senior Management
    Employee have any power to anticipate, alienate, dispose of, pledge or
    encumber the Program, nor shall Admiralty Bank recognize any assignment
    thereof, either in whole or in part, nor shall the Program be subject to
    attachment, garnishment, execution following judgment or other legal
    process.

         D. Program Administrator. Admiralty Bank shall be the administrator of
    the Program.

         E. Type of Program. The Program is a Change in Control pay welfare
    benefit plan. The Program is not an employee pension benefit plan.

         F. Dispute Resolution. All claims, disputes or other matters in
    question between the parties to this Agreement arising out of or relating to
    this Agreement or breach thereof shall be subject to and decided by
    arbitration in accordance with the arbitration rules of the American
    Arbitration Association currently in effect. Demand for arbitration shall be
    filed in writing with the other party to this Program and with the American
    Arbitration Association. A demand for arbitration shall be made within a
    reasonable time after the claim, dispute or other matter in question has
    arisen. In no event shall the demand for arbitration be made after the date
    when institution of legal or equitable proceedings based on such claim,
    dispute or other matter in question would be barred by the applicable
    statutes of repose or limitations. The award (inclusive of fees) rendered by
    the arbitrator or arbitrators shall be final, and judgment may be entered
    upon it in accordance with applicable law in any court having jurisdiction
    thereof.

         G. Change in Control of the Board of Directors. Prior to the occurrence
    of any Change in Control (as hereinafter defined) transaction, each Change
    in Control Payment set forth herein shall be set aside and placed in a
    separate escrow account in order to assure availability of funds for the
    purposes set forth herein. For the purposes of this Program, a "Change in
    Control" shall mean the acquisition by any person or group (as that term is
    defined in the Securities Exchange Act of 1934 (the "Exchange Act"), and the
    rules promulgated pursuant to that act) in a single transaction or a series
    of transactions of 40% or more in voting power of the outstanding stock of
    Admiralty Bank and a change of the composition of the Board of Directors so
    that, within two years after the acquisition took place, a majority of the
    members of the Board of Directors of Admiralty Bank, or of any corporation
    with which Admiralty Bank may be consolidated or merged, are persons who
    were not directors or officers of Admiralty Bank immediately prior to the
    acquisition, or to the first of a series of transactions which resulted in
    the acquisition of 40% or more in voting power of the outstanding stock of
    Admiralty Bank, or a sale of substantially all of the assets of Admiralty
    Bank.

XI.      CLAIMS PROCEDURE

         A. General. If a Senior Management Employee believes that he or she may
    be entitled to a Change in Control Payment under the Program, or if the
    Senior Management Employee is in disagreement with any determination that
    has been made, the Senior Management Employee may present a claim to
    Admiralty Bank.

         B. Making a Claim. A Senior Management Employee's claim must be written
    and must be delivered to Admiralty Bank. Within ninety (90) days after
    delivery of such claim, the Senior Management Employee shall receive either:
    (a) a decision; or (b) a notice describing special circumstances requiring a
    specified amount of additional time (but no more than one hundred and eighty
    (180) days from the date of delivery of such claim) to reach a decision.

         If such claim is denied, the Senior Management Employee shall receive a
written notice specifying: (a) the reasons for denial; (b) the Program
provisions on which the denial is based; and (c) any additional information
needed from the Senior Management Employee in connection with the claim and the
reason such information is needed. The Senior Management Employee also shall
receive a copy of Section C below concerning the Employee's right to request a
review.


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         C. Requesting Review of a Denied Claim. A Senior Management Employee
    may request that a denied claim be reviewed. Such request for review must be
    written and must be delivered to Admiralty Bank within sixty (60) days after
    the Senior Management Employee receives the written notice that the Senior
    Management Employee's claim was denied.

         Such request for review may (but is not required to) include issues and
comments the Senior Management Employee wants considered in the review. The
Senior Management Employee may examine pertinent Program documents by asking
Admiralty Bank. Within sixty (60) days after the delivery by the Senior
Management Employee of a request for review, the Senior Management Employee
shall receive either: (a) a decision; or (b) a notice describing special
circumstances requiring a specified amount of additional time (but no more than
one hundred and twenty (120) days from the date of delivery of such request for
review) to reach a decision. The decision shall be in writing and shall specify
the Program provisions on which it is based.

         D. Decisions. All decisions on claims and on reviews of denied claims
    will be made by Admiralty Bank. Admiralty Bank, may, in its discretion, hold
    one or more hearings. If an Senior Management Employee does not receive a
    decision within the specified time, the Employee should assume that the
    claim was denied or re-denied on the date the specified time expired.
    Admiralty Bank reserves the right to delegate its authority to make
    decisions.

XII.     LUMP SUM ESCROW DEPOSITS

         The Bank will deposit lump sum payments in an escrow account for all
officers' Change in Control payments pending any anticipated Change in Control.


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