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                                                                   EXHIBIT 10(C)

                                                                   DRAFT




                         FIRST CHICAGO NBD CORPORATION

                             EXECUTIVE ESTATE PLAN


SECTION 1 - PURPOSE

     The FIRST CHICAGO NBD CORPORATION EXECUTIVE ESTATE PLAN (hereinafter called
the "Plan") is established and maintained to promote and advance the performance
of First Chicago NBD Corporation (hereinafter called the "Corporation") by
providing designated senior officers of the Corporation and of its affiliated
companies who have significant responsibility for such performance with
competitive death benefit coverage and to assist the Corporation in attracting
and retaining as senior officers individuals of superior ability by enhancing
the value of the death benefit coverage benefits. This document is an amendment
and restatement of the NBD Bancorp, Inc. Executive Estate Plan and the First
Chicago Corporation Executive Estate Plan.

SECTION 2 - DEFINITIONS

     (a)  The term "Affiliated Companies" shall mean those corporations a
majority of the outstanding voting capital stock of which is directly or
indirectly owned or controlled by the Corporation.

     (b)  The term "After-Tax Equivalent" shall mean such amount that would
provide the recipient of a taxable death benefit under the Plan with an amount,
after the payment of federal income tax, approximately equal to the death
benefit the recipient would have received if the taxable death benefit were not
subject to federal income taxation when made.

     (c)  The term "Committee" shall mean the Organization, Compensation and
Nominating Committee of the Board of Directors of the Corporation, the members
of which shall be "disinterested persons" under Rule 16b-3 of the Securities and
Exchange Commission or any successor regulation issued under the federal
securities laws and shall be ineligible to participate in the Plan.

     (d)  The term "Disability" shall mean the incapability of a Participant to
perform the principal duties of his or her customary employment or position as
the result of a physical or mental condition that is expected to be permanent
and continuous during the remainder of the Participant's life, as determined in
the sole discretion of the Committee on the basis of evidence satisfactory to
it.

     (e)  The term "Disabled Participant" shall mean a Participant who incurs a
Disability hereunder while a Participant under the Plan from which he or she has
not recovered.
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     (f)  The term "Participant" shall mean a senior officer of the Corporation
or of one of its Affiliated Companies who becomes and remains a Participant in
the Plan as provided in Section 7 of the Plan.

     (g)  The term "Retired Participant" shall mean a Participant whose
employment with the Corporation and all its Affiliated Companies terminates as
the result of Retirement hereunder and who does not subsequently resume such
employment.

     (h)  The term "Retirement" shall mean the cessation of employment with the
Corporation and all its Affiliated Companies on or after the date a Participant
(i) attains age sixty-five (65), or (ii) completes fifteen (15) years of
service, attains age fifty-five (55), and receives the consent of the Committee.

SECTION 3 - EFFECTIVE DATE AND DURATION

     The Plan shall be effective as of January 1, 1997. The Plan shall continue
until it is terminated by the Board of Directors of the Corporation as provided
in Section 12.

SECTION 4 - PRE-EFFECTIVE DATE TERMINATIONS OF EMPLOYMENT

     Except as specifically provided herein, benefits provided under the Plan
with respect to any Participant whose employment with the Affiliated Companies
terminated before January 1, 1997, will be governed by the Plan as in effect on
the date of the Participant's termination of employment.

SECTION 5 - ADMINISTRATION

     The Committee shall be responsible for the general operation and
administration of the Plan and shall have the authority to interpret the Plan
and to adopt administrative rules and regulations governing its operation. The
Committee may delegate the performance of administrative functions to the
Secretary of the Committee.

SECTION 6 - FUND

     The death benefits payable under the Plan shall be paid out of the general
assets of the Corporation.

SECTION 7 - PARTICIPATION

     (a)  Eligibility for participation in the Plan shall be limited to
executive officers of the Corporation as designated by the Chief Executive
Officer of the Corporation. In addition, participants under the NBD Bancorp,
Inc. Executive Estate Plan who are not executive officers of the Corporation and
are employed by the Corporation or one of its Affiliated Companies on January 1,
1997 shall also be eligible.

     (b)  Participation in the Plan by an eligible officer shall be solely
within the 
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discretion of the Chief Executive Officer of the Corporation. The Chief
Executive Officer of the Corporation shall individually select and designate
each eligible officer for participation, who shall become a Participant as of
the date specified by the Committee.

     (c)  A Participant shall remain a Participant only for so long as he
continues in the employ of the Corporation or one of its Affiliated Companies or
is a Retired Participant or a Disabled Participant. The Committee in its sole
discretion may terminate a Participant's participation in the Plan only as
provided in Section 11.

SECTION 8 - AMOUNT OF PRE-RETIREMENT DEATH BENEFIT

     (a)  Upon the death of a Participant prior to his or her Retirement from
the Corporation and its Affiliated Companies, the Corporation shall pay to his
or her designated beneficiary an After-Tax Equivalent death benefit equal to
four hundred percent (400%) of the Participant's base salary at the time of
death.

     (b)  If a Disabled Participant dies before attaining age sixty-five (65),
the Corporation shall pay to his or her designated beneficiary an After-Tax
Equivalent death benefit equal to four hundred percent (400%) of the
Participant's annual base salary determined as of the date of his or her
Disability. If a Disabled Participant attains age sixty-five (65), such
Participant shall thereupon be deemed to be a Retired Participant and entitled
to benefit coverage only in accordance with Section 9, based on the
Participant's annual base salary determined as of the date of his or her
Disability. If a Disabled Participant recovers from Disability before attaining
age sixty-five (65), the Participant shall be deemed to be a Retired Participant
as of the date he or she recovers from the Disability if such Participant is at
least age fifty-five (55) on that date and does not then return to employment
with the Corporation or any Affiliated Company. In all other cases, a Disabled
Participant who recovers from Disability shall have no further interest or
rights under the Plan, except as may be provided by such person's subsequent
participation in the Plan.

SECTION 9 - AMOUNT OF POST-RETIREMENT DEATH BENEFIT

     Upon the death of a Retired Participant (i) during the first twelve (12)
months following Retirement, the Corporation shall pay to the Participant's
designated beneficiary an After-Tax Equivalent death benefit equal to two
hundred percent (200%) of the Participant's annual base salary at the time of
the Participant's Retirement; (ii) during the second twelve (12) month period
following Retirement, the Corporation shall pay to the Participant's designated
beneficiary an After-Tax Equivalent death benefit equal to one hundred 
seventy-five percent (175%) of the Participant's annual base salary at the time
of the Participant's Retirement; (iii) during the third twelve (12) month period
following Retirement, the Corporation shall pay to the Participant's designated
beneficiary an After-Tax Equivalent

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death benefit equal to one hundred fifty percent (150%) of the Participant's
annual base salary at the time of the Participant's Retirement; or (iv) during
or subsequent to the thirty-seventh month following Retirement, the Corporation
shall pay to the Participant's designated beneficiary an After-Tax Equivalent
death benefit equal to one hundred percent (100%) of the Participant's annual
base salary at the time of the Participant's Retirement plus Twenty-Five
Thousand Dollars ($25,000).

SECTION 10 - BENEFICIARY DESIGNATION AND PAYMENT

     (a)  Each Participant shall complete a beneficiary designation form as
prescribed by the Committee designating the beneficiary or beneficiaries to
receive the amounts hereunder upon the Participant's death. Each Participant may
designate one or more individuals, trusts or organizations as the primary
beneficiary(ies). If more than one primary beneficiary is designated, the
Participant shall specify the percentage to be paid to each primary beneficiary.
Each Participant shall also designate a contingent beneficiary(ies), who shall
receive payment hereunder only if the designated primary beneficiary(ies) does
not survive the Participant.

     (b)  Unless a Participant has previously made an irrevocable beneficiary
designation, a Participant may change his or her beneficiary designation at any
time without the consent of any previously designated beneficiary by completing
a new beneficiary designation form and delivering such form to the Secretary of
the Committee. Such new beneficiary designation shall be effective when the
completed form is received by the Secretary of the Committee.

     (c)  In the event a Participant failed to make a beneficiary designation,
the amount payable under Section 8 or Section 9 shall be paid to the
Participant's estate. The amount payable under Section 8 or Section 9 shall be
paid within sixty (60) days of the receipt by the Secretary of the Committee of
a certified copy of the death certificate of the deceased Participant. Any
amount not paid within sixty (60) days of such receipt shall bear interest at
the rate of interest announced from time to time as the corporate base rate
announced from time to time by The First National Bank of Chicago or its
successor by merger during the period from the date the payment shall have been
made to the date it is made. The Corporation shall withhold from such payment
any applicable federal, state or local taxes thereon.

SECTION 11 - GENERAL

     (a)  Neither the establishment of the Plan nor any provisions of the Plan
or modification thereof shall be held or construed as giving any Participant in
the Plan the right to be retained in the service of the Corporation or its
Affiliated Companies, and the Corporation and its Affiliated Companies expressly
reserve the right to discharge any such Participant whenever the interests of
the Corporation and its Affiliated Companies may so require.

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     (b)  Notwithstanding any other provision in the Plan to the contrary, but
subject to Paragraph (c) of this Section 11, and as determined solely by the
Committee, (i) no benefit or coverage shall be provided under the Plan to any
Participant, including a Retired Participant or Disabled Participant, who
engages in any activity that, in the opinion of the Committee, is competitive
with any activity of the Corporation or any Affiliated Company (except that
employment at the request of the Corporation with an entity in which the
Corporation has, directly or indirectly, a substantial ownership interest, or
other employment specifically approved by the Committee, shall not be considered
to be an activity that is competitive with any activity of the Corporation or
any Affiliated Company) or otherwise acts, either prior to or after termination
of employment, in any manner inimical or in any way contrary to the best
interests of the Corporation; and (ii) no benefit or coverage under the Plan
shall be provided to any Participant, including a Disabled Participant or
Retired Participant, if the Participant's employment with the Corporation or an
Affiliated Company terminates because of dishonesty, fraud, misappropriation of
funds, the commission of a felony, or willful or gross misconduct or willful or
gross negligence in the performance of such person's duties, or if during the
course of such employment, the Participant engages in, or had engaged in, such
conduct.

     (c)  Any right of a Participant and his beneficiary hereunder shall be that
of an unsecured general creditor of the Corporation, and no Participant or
beneficiary shall have any preferred claims on, or any beneficial ownership in,
the assets of the Corporation, including any assets in which the Corporation may
invest to aid in meeting its obligations under the Plan.

     (d)  To the maximum extent permitted by law, a Participant's or
beneficiary's interest and rights shall not be assignable in law or in equity or
subject to any manner of alienation, sale, transfer, claims of creditors,
pledge, attachment, garnishment, levy, execution, or encumbrances of any kind,
except that a Participant shall have the right under Section 10 to designate
irrevocably a beneficiary to receive the amounts hereunder upon the
Participant's death.

     (e)  If the Committee determines that a beneficiary is legally incompetent
to receive a distribution hereunder, the Committee may cause any distribution
due to such beneficiary to be made to the guardian or other legal representative
of such beneficiary, or in the absence of such guardian or other legal
representative, to such other person or institution who is otherwise maintaining
and has custody of such beneficiary. Such distribution, to the extent made,
shall be a valid and complete discharge of liability therefor under the Plan.

SECTION 12 - AMENDMENT, SUSPENSION AND TERMINATION

     The Board of Directors of the Corporation reserves the right at any time to
amend, suspend or terminate the Plan; provided, however, no such amendment,
suspension or termination shall adversely affect the rights hereunder of any
Participant in the Plan unless the prior written approval of the Participant so
affected is obtained.

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SECTION 13 - GOVERNING LAW

     The Plan and all determinations made and action taken pursuant thereto
shall be governed by the laws of the State of Delaware and construed in
accordance therewith.

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