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                                                                    Exhibit 10.3

       FORM OF BUSINESS RETENTION AND DEVELOPMENT AGREEMENT BETWEEN F.N.B.
                       CORPORATION AND WILLIAM C. SONNTAG

                       BUSINESS RETENTION AND DEVELOPMENT
                                    AGREEMENT

This Business Retention and Development Agreement ("Agreement") made this ____
day of _______________, 2004, by and between F.N.B. Corporation and William
Sonntag ("Sonntag") provides as follows:

                                   WITNESSETH

WHEREAS, F.N.B. Corporation (F.N.B. Corporation and subsidiaries are
collectively referred to as the "Corporation") contemplates the consummation of
an Agreement and Plan of Merger ("Merger") between Corporation and Slippery Rock
Financial Corporation (Slippery Rock Financial Corporation and subsidiaries are
collectively referred to as "Slippery Rock"); and

WHEREAS, the Corporation desires to assure itself of the benefits of Sonntag's
community relations, customer knowledge and customer contacts; and

WHEREAS, Sonntag is willing to provide his expertise in those areas under the
terms of this Agreement.

NOW, THEREFORE, in consideration of the mutual premises set forth in this
Agreement and intending to be legally bound, the parties agree as follows:

1.    RECITALS.

The parties incorporate the above recitals by reference.

2.    SCOPE OF WORK.

Sonntag shall provide the following services for the Corporation following the
Merger:

            (1)   Assist in identifying, developing and generating new business
            for the Corporation;

            (2)   Assist in the retention of existing customers of Slippery Rock
            as customers of the Corporation;


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            (3)   Serve as a liaison between the Corporation and the former
            market areas of Slippery Rock and its customers; and

            (4)   Represent the Corporation in connection with community affairs
            and community development outreach initiatives.

3.    WORK SCHEDULE.

Sonntag shall set his own working hours and Sonntag shall be free to devote time
to any other enterprise without the approval or consent of the Corporation
except as restricted by Non-Competition Agreement between the Corporation and
Sonntag dated __________, 2004.

4.    COMPENSATION.

4.01  The Corporation shall pay Sonntag _________ annually in twenty-four (24)
      equal installments on the 1st and 15th of each month.

4.02  Any costs associated with Sonntag's work, including telephone, postage,
      equipment and supplies will be at the sole expense of Sonntag unless
      otherwise agreed in advance by the Corporation. Sonntag may bill the
      Corporation for all expenses previously approved such as travel and
      overnight accommodations.

5.    TAXES AND WITHHOLDING.

5.01  The parties expressly understand, acknowledge and agree that Sonntag is
      not an employee of the Corporation and accordingly, the Corporation will
      not treat Sonntag, as an employee for federal, state or local tax
      purposes. Sonntag understands and agrees that the Corporation shall make
      no withholding or deduction of federal, state or local income tax, federal
      unemployment tax or payments under the Federal Insurance Contributions Act
      (social security or medicare taxes) on his behalf. The parties acknowledge
      and agree that Sonntag is individually responsible for the payment of any
      and all such taxes.

5.02  In the event the Corporation is held to be liable for any withholding
      taxes associated with Sonntag's compensation under this Agreement, Sonntag
      agrees to indemnify, defend and hold harmless the Corporation for all such
      withholding payments made or payable by the Corporation on Sonntag's
      behalf.

6.    BENEFITS.

Sonntag understands he is not an employee of the Corporation and thus is not
entitled to any benefits provided by the Corporation to its employees or to the
employees of its affiliates or


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subsidiaries, including, but not limited to, group health and life insurance,
pension plan benefits and similar benefits.

7.    CONFIDENTIAL INFORMATION.

7.01  Sonntag may not disclose and shall not use for his own benefit any
      Confidential Information. "Confidential Information" means all information
      concerning or related to the business, operations, financial condition or
      prospects of the Corporation or any of its affiliates, obtained by Sonntag
      in connection with his performance of services under this Agreement,
      regardless of the form in which such information appears and whether or
      not such information has been reduced to a tangible form, and shall
      specifically include:

      (a)   all information regarding the officers, directors, employees, equity
            holders, customers and suppliers of the Corporation and its
            affiliates, in each case whether past, present or prospective;

      (b)   all software, inventions, discoveries, trade secrets, processes,
            techniques, methods, formulae, ideas and know-how of the Corporation
            and its affiliates known to Sonntag prior to the date of the
            termination of his engagement by the Corporation; and

      (c)   all financial statements, audit reports, budgets and business plans
            or forecasts of the Corporation and its affiliates.

7.02  All papers, contracts, files, books and records of every kind relating to
      the business and affairs of the Corporation, whether or not prepared by
      Sonntag, shall be the sole and exclusive property of the Corporation.
      Sonntag shall sign all necessary documents, including but not limited to,
      any assignments as the Corporation may reasonably determine are necessary
      or desirable in order to give effect to this Section. Promptly after
      termination of this Agreement for any reason, Sonntag shall return to the
      Corporation any Confidential Information that is in Sonntag's possession.

7.03  Sonntag acknowledges that securities law prohibits any person who has
      received non-public information from purchasing or selling any securities
      of the Corporation or from communicating such information to any other
      person under circumstances in which it is reasonably foreseeable that such
      person is likely to purchase or sell such securities, in connection with,
      or reliance upon, such material non-public information.

7.04  This Section 7 shall survive any termination of this Agreement.

8.    TERM.


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8.01  This Agreement shall commence on the later of the date of consummation of
      the Merger or approval of this Agreement by the Office of the Comptroller
      of the Currency and the Federal Deposit Insurance Corporation, if
      necessary, and end thirty-six (36) months later. The Corporation shall use
      commercially reasonable efforts to obtain approvals of this Agreement by
      the Office of the Comptroller of the Currency and the Federal Deposit
      Insurance Corporation.

8.02  The Corporation may terminate this Agreement at any time if Sonntag fails
      to perform the duties required under the terms of this Agreement to the
      reasonable satisfaction of the Corporation or if Sonntag is in violation
      of this or any other agreement with the Corporation.

9.    GOVERNING LAW.

This Agreement shall be construed in accordance with and governed by the laws of
the Commonwealth of Pennsylvania, without giving effect to its conflicts of law
principles.

10.   SEVERABILITY.

Any provision of this Agreement which is held to be prohibited or unenforceable
in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent
of such prohibition or unenforceability without invalidating the remaining
provisions or effectuating the validity or enforceability of such provision in
any other jurisdiction.

11.   CAPTIONS.

The section captions contained in this Agreement are inserted for reference and
convenience purposes only and in no way define, limit or describe the scope or
intent of this Agreement or any particular paragraph or section or the proper
construction.

12.   AMENDMENTS.

This Agreement may not be modified, amended or terminated except by writing
signed by both parties to the Agreement.

13.   SUCCESSORS AND ASSIGNS.

This Agreement shall be binding on and shall inure to the benefit of the parties
and their respective heirs, personal representatives, successors and assigns.

14.   NOTICES.



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14.01 All notices, consents, requests, demands and other communications required
      or permitted hereunder:

      (a)   shall be in writing;

      (b)   shall be sent by messenger, certified or registered U.S. mail, a
            reliable express delivery service or facsimile (with a copy sent by
            one of the foregoing means), charges prepaid as applicable, to the
            appropriate address(es) or number(s) set forth below; and

      (c)   shall be deemed to have been given on the date of receipt by the
            addressee (or, if the date of receipt is not a business day, on the
            first business day after the date of receipt), as evidenced by (i) a
            receipt executed by the addressee (or a responsible person in his or
            her office), the records of the person delivering such communication
            or a notice to the effect that such addressee refused to claim or
            accept such communication, if sent by messenger, U.S. mail or
            express delivery service, or (ii) a receipt generated by the
            sender's facsimile voucher showing that such communication was sent
            to the appropriate number on a specified date.

14.02 All such communications shall be sent to the following addresses or
      numbers, or to such other addresses or numbers as any party may inform the
      others by giving five (5) business days' prior notice:

      If to F.N.B. Corporation:                 If to William Sonntag:

      Stephen J. Gurgovits
      One F.N.B. Boulevard, 6th Floor
      Hermitage, PA 16148
      Facsimile: 724-983-3515

      With Copy to:

      Legal Department
      One F.N.B. Boulevard, 1st Floor
      Hermitage, PA 16148
      Facsimile: 724-983-3349



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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed
as of the date and year first above written.

                                         F.N.B. Corporation

                                         By:____________________________________

                                         Name:

                                         Title:

                                         William Sonntag




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