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Exhibit 10(f). Senior Management 2002 Change In Control Bonus Program (without
extended benefits)

             SENIOR MANAGEMENT 2002 CHANGE IN CONTROL BONUS PROGRAM

         Admiralty Bancorp, Inc. (the "Company") has implemented a Senior
Management 2002 Change in Control Bonus Program (the "Program") for (Name) (the
Senior Management Employee) that will take effect in the event of a Change in
Control (as hereinafter defined) of Admiralty Bancorp, Inc. or Admiralty Bank.

I.       DEFINITIONS

         a.       Change in Control - A "Change in Control" shall mean:

(1)      a reorganization, merger, consolidation or sale of all or substantially
         all of the assets of the Company, or a similar transaction in which the
         shareholders of the Company prior to such transaction cease owning a
         majority of the voting interests in the resulting entity;

(6)      individuals who constitute the Incumbent Board (as herein defined) of
         the Company cease for any reason to constitute a majority thereof;

(7)      the occurrence of any transaction requiring the approval of the Board
         of Governors of the Federal Reserve System under 12 C.F.R. 225.41 et
         seq., except a transaction by any party owning 10% or more of the
         Company's outstanding stock as of the day hereof; or

(4)      an event of a nature that would be required to be reported in response
         to Item 1 of the current report on Form 8-K, as in effect on the date
         hereof, pursuant to Section 13 or 15(d) of the Securities Exchange Act
         of 1934 (the "Exchange Act"); or

(5)      Without limitation, a change in control shall be deemed to have
         occurred at such time as (i) any "person" (as the term is used in
         Section 13(d) and 14(d) of the Exchange Act) other than the Company is
         or becomes a "beneficial owner" (as defined in Rule 13-d under the
         Exchange Act) directly or indirectly, of securities of the Company
         representing 25% or more of the Company's outstanding securities
         ordinarily having the right to vote at the election of directors,
         excluding any securities purchased by Employer's employee stock
         ownership plan and trust, or any other employee benefit plans
         established by Employer from time to time in determining whether such
         person is the beneficial owner of more than 25% of Employer's
         securities; or

(6)      A proxy statement soliciting proxies from stockholders of the Company
         is disseminated by someone other than the current management of the
         Company, seeking stockholder approval of a plan of reorganization,
         merger or consolidation of the Company or similar transaction with one
         or more corporations as a result of which the outstanding shares of the
         class of securities then subject to the plan or transaction are
         exchanged or converted into cash property or securities not issued by
         the Company;

(7)      A tender offer is made for 25% or more of the voting securities of the
         Company and the shareholders owning beneficially or of record 25% or
         more of the outstanding securities of the Company have tendered or
         offered to sell their shares pursuant to such tender offer and such
         tendered shares have been accepted by the tender offeror.

For these purposes, "Incumbent Board" means the Board of Directors of the
Company on the date hereof, provided that any person becoming a director
subsequent to the date hereof whose election was approved by a vote of at least
three-quarters of the directors


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comprising the Incumbent Board, or whose nomination for election by members or
stockholders was approved by the same nominating committee serving under an
Incumbent Board, shall be considered as though he were a member of the Incumbent
Board.

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

         c.       Change in Control Bonus Payment - A "Change in Control Bonus
                  Payment" is the payment made to the Senior Management 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 BONUS PAYMENT

         If a Qualifying Event occurs while the Senior Management Employee is
employed by Admiralty Bancorp, Inc. or any of its subsidiaries, the Company
shall (or shall cause the Bank), or its legal successor shall, make a Change in
Control Bonus Payment of $ (Amount) in cash, to the Senior Management Employee.
If the Senior Management Employee becomes subject to the excise tax imposed
under Section 280 G of the Internal Revenue Code, as a result of their
compensation from Admiralty Bancorp, Inc. or its subsidiaries, during the year
in which the Change in Control Bonus Payment is made, an additional sum will be
paid to the Senior Management Employee so that the Senior Management Employee
receives net compensation after deduction of the excise taxes that they would
have received if they had not been subject to the excise tax.

IV.      TIMING OF PAYMENT

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

V.       EMPLOYMENT STATUS

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

VI.      INELIGIBILITY FOR "EMPLOYEE SEVERENCE PROGRAM"

         Senior Management employees are ineligible to receive any benefits
under the "Employee Severance Program."

VII.     MISCELLANEOUS PROVISIONS


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         a.       Nonexclusive of Rights. Nothing in the Program shall prevent
                  or limit the Senior Management Employee's continuing or future
                  participation in any benefit, bonus, incentive, retirement or
                  other plan or program provided by Admiralty Bancorp, Inc. or
                  its subsidiaries 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 Bancorp, Inc. or its subsidiaries. Amounts which
                  are vested benefits or which a Senior Management Employee is
                  otherwise entitled to receive under any agreement with, or
                  plan, program, policy or practice of, Admiralty Bancorp, Inc.
                  or its subsidiaries shall be payable in accordance with such
                  agreement, plan, program, policy or practice, except as
                  explicitly modified by this Program. This Program does not
                  affect the Senior Management Employee's rights or benefits
                  under the Senior Management Change in Control Program.

         b.       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 Bancorp, Inc. or its subsidiaries 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.

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

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

VIII.    LUMP SUM ESCROW DEPOSITS

         In order to assure the availability of funds to make the Senior
Management Change in Control Bonus Payment, the Bank will deposit lump sum
payments in an escrow account pending any anticipated Change in Control. The
funds will be placed in escrow not less than five business days prior to the
anticipated effectiveness of the Change in Control. The funds will remain in the
control of Admiralty Bank and will be distributed to the Senior Management
Employee simultaneous with the Change in Control.



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         Admiralty Bancorp                  Senior Management Employee


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