<PAGE>   1
                                                                     EXHIBIT 10c


                              EMPIRE NATIONAL BANK
                     SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

         WHEREAS, Empire National Bank ("ENB"), a national banking association,
maintains the Empire National Bank Supplemental Executive Retirement Plan (the
"Plan"), a non-qualified, deferred compensation plan; and
         WHEREAS, ENB desires to amend the Plan to (i) provide additional
payment alternatives to Plan Participants, (ii) coordinate the benefits provided
under the Plan with any provision for benefit plan continuation under any
Management Continuity Agreements between Empire Banc Corporation (the "Company")
and certain Plan Participants, (iii) to specify additional assumptions to be
used to calculate benefits in the event of a change in control of the Company,
and (iv) to amend the benefit formula of the Plan to reflect the retirement
benefits approved by the Company's Board of Directors upon the original adoption
of the Plan, but which was heretofore inadvertently stated inaccurately in the
Plan document;

         NOW, THEREFORE, effective     , 1999, the Plan is amended as follows:

         1.      MEANING OF TERMS. For purposes of this Plan, and unless
otherwise noted to the contrary, the terms defined by the Empire National Bank
Employees Pension Plan (the "Pension Plan"), as now in effect, or as may be
amended, shall be applicable to this Plan.

         2.      ELIGIBILITY TO PARTICIPATE IN PLAN. The ENB Board of Directors
shall determine annually who shall participate in the Plan. The Board of
Directors shall not designate a senior management employee of ENB as eligible to
participate in the Plan, unless such employee is a member of a select group of
management or a highly compensated employee as such terms are defined by Section
201(2) of the Employee Retirement Income Security Act of 1974, as amended


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         12. OFFICER'S COSTS OF ENFORCEMENT. The Company shall pay all expenses
of the ("ERISA") and the regulations promulgated thereunder. In addition,
participation in the Plan is contingent upon the eligible employee providing any
information requested by ENB and is further contingent upon the execution of any
amendments to the Executive Supplemental Insurance ("ESI") agreements deemed
necessary by ENB to coordinate the benefits of the ESI agreements with this
Plan.

         3.      FUNDING. Nothing contained in this Plan, and no action taken
pursuant to the provisions of this Plan shall create or be construed to create a
trust of any kind or a fiduciary relationship between ENB and Participants or
any other person. To the extent that a Participant or any other person acquires
a right to receive payments under the terms of this Plan, such rights shall be
no greater than the rights of an unsecured general creditor of ENB. All payments
made under the terms of this Plan shall be made from the general assets of ENB,
and no other segregation of assets shall be made for the payment of any benefits
under the terms of this Plan to any Participant or beneficiary. Notwithstanding
the above provisions, ENB may, at its sole discretion, establish a grantor trust
to provide additional security to Participants that amounts under this Plan will
be properly paid, provided that the status of Participants with respect to
assets of the grantor trust remains that of general unsecured creditors. In
addition, ENB may, at its sole and exclusive option, elect to provide for
benefit payments under this Plan by purchasing an insurance policy covering the
life of any participant of this Plan and the ESI, wherein ENB is the sole
beneficiary.

         4.      DETERMINATION OF RETIREMENT BENEFITS. For purposes of
determining benefits payable to Participants under this Plan, a target
retirement benefit will be established for each Participant (the "Target
Benefit"). The Target Benefit shall be stated as a percentage of a Participant's
Final Average Compensation and shall be determined in accordance with the
following schedule:

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<TABLE>
<CAPTION>

    PARTICIPANT'S RETIREMENT AGE               TARGET BENEFIT PERCENTAGE
   <S>                                        <C>
             62 or older                                   50%
             61                                            47.5%
             60                                            45%
             59                                            44%
             58                                            43%
             57                                            42%
             56                                            41%
             55                                            40%
</TABLE>

         After determining a Participant's Target Benefit, the Participant's
benefit under this Plan, before reduction for coordination with other benefits
provided by ENB (the "Unreduced Plan Benefit") shall be determined. The
Unreduced Plan Benefit shall be equal to:

             TB x FAC x Years of Vesting Service (not to exceed 25)
                        -------------------------------------------
                                       25

                                      Plus

           1% x FAC x Years of Vesting Service (in excess of 25, but not
exceeding 10) Where TB = Target Benefit and FAC = Final Average Compensation, as
such terms are defined in this Plan.

         For purposes of this Plan, the term "Final Average Compensation" shall
mean the Participant's average base salary determined by dividing the sum of the
Participant's highest five years of base salary out of the Participant's final
10 years of employment with ENB by 5, plus the Participant's average incentive
bonus award determined by dividing the sum of the Participant's highest five
incentive bonus awards out of the last 10 years of employment with ENB by 5. In
the event a Participant is employed by ENB for less than five years, a
Participant's average base salary and average incentive bonus award shall be
determined by dividing all years of such Participant's

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base salary and annual bonus award by the total years of service, with such
years of service being rounded to the nearest 1/12.

After determining a Participant's Unreduced Plan Benefit, the Plan Benefit
payable to the Participant shall be determined as follows:

                             Unreduced Plan Benefit

                        less  Primary Social Security Amount

                        less  ENB Pension Plan Benefit

                        less  ENB Profit Sharing Plan Equivalent
                        ----------------------------------------
                        =     Plan Benefit payable to Participant

         For purposes of this Plan, the term "Primary Social Security Amount"
shall mean the estimated old age retirement benefit available to the Participant
at age 65 based on the law in effect at the Participant's retirement, assuming
that the Participant will have no future earnings and also assuming no
post-retirement cost of living adjustments. Earnings necessary for the
calculation of the Primary Social Security Amount which occur prior to the
Participant's employment with ENB shall be estimated based on the national
average wage index in effect for the years to be estimated. The Primary Social
Security Amount shall not be adjusted for any reason after its initial
determination by ENB.

         The term "ENB Pension Plan Benefit" shall mean the unreduced accrued
normal retirement benefit, as determined pursuant to the ENB Pension Plan and
any supplemental early retirement benefit as determined pursuant to Section 3.04
of the Pension Plan.

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         The term "ENB Profit Sharing Plan Equivalent" shall mean the immediate
life annuity Actuarial Equivalent to the fair market value of the Participant's
account balance, determined as of the Participant's actual retirement date, in
the Empire National Bank Savings Investment and Retirement Plan (the "401(k)
Plan"), which is attributable to profit sharing contributions by ENB prior to
1981.
         A Participant's Primary Social Security Amount shall not be used to
reduce the amount payable under this Plan until the month that includes the
Participant's Normal Retirement Date. The ENB Pension Plan Benefit shall not be
used to reduce benefits payable under this Plan until the month that includes
the Participant's Normal Retirement Date, except that the portion of the
Participant's ENB Pension Plan Benefit representing the supplemental early
retirement benefits payable pursuant to Section 3.04 of the Pension Plan shall
reduce the benefits payable under this Plan for all months that such
supplemental benefit is actually paid to the Participant.

         Except in the case of the Participant's death or in the case of the
Participant's termination of employment following a Change in Control of the
Company, a Participant who terminates employment prior to age 55 shall forfeit
all benefits described in this Section 4.

         5. EARLY RETIREMENT BENEFITS. Except for benefits described in Section
10, benefits under this Plan shall not normally be payable prior to age 60. As
determined in Section 7 of this Plan, if benefits become payable pursuant to
this Plan prior to age 60, the benefit determined pursuant to Section 4 of this
Plan, shall be reduced by 5/12 of one percent for each full month that the
benefit commencement date precedes the first day of the month coincident with,
or immediately following, the Participant's 60th birthday.

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         By way of example, the following schedule indicates the percentage of
the benefit determined pursuant to Section 4 of the Plan, which is payable to a
Participant who on his birthday becomes entitled to early retirement benefits in
accordance with Section 7 of the Plan:

<TABLE>
<CAPTION>

PARTICIPANT'S AGE AT          WHOLE MONTHS                  BENEFIT
     RETIREMENT             PRECEDING AGE 60          REDUCTION PERCENTAGE
<S>                         <C>                       <C>
         59                        12                          5%
         58                        24                         10%
         57                        36                         15%
         56                        48                         20%
         55                        60                         25%

</TABLE>

         6. SURVIVOR BENEFITS. In the event that a Participant in the Plan dies
prior to the Participant's actual retirement, the Surviving Spouse of the
Participant shall be entitled to receive a benefit under this Plan calculated as
follows:
                           2% x FAC x Years of Vesting Service (up to 25 years)

                  less     Surviving Spouse's Social Security Benefit

                  less   ENB Pension Plan Survivor's Benefit
                  ------------------------------------------
                  =        Survivor Benefit

Where FAC = Final Average Compensation as above defined.

         The Survivor Benefit under this Plan shall not be paid to a Surviving
Spouse until the cessation of ESI Benefit Payments.

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         The term "ESI Benefit Payments" shall mean the amounts payable under
Section 9 of this Plan.


         The term "Surviving Spouse's Social Security Benefit" shall mean the
estimated amount that the Surviving Spouse shall be entitled to at age 62, based
upon the law in effect at the time of the Participant's death and based upon the
deceased Participant's estimated wage history, as determined for purposes of
calculating the Participant's Primary Social Security Benefit.

         The term "ENB Pension Plan Survivor's Benefit" shall mean the Surviving
Spouse's benefits payable pursuant to the pre-retirement survivor annuity
provisions of the Pension Plan as of the Participant's Normal Retirement Date,
regardless of whether the Surviving Spouse receives reduced payments prior to
such date.

         The Surviving Spouse's Social Security Benefit shall not reduce the
Survivor Benefit payable to a Surviving Spouse until the month that contains the
Surviving Spouse's 62nd birthday. Likewise, the ENB Pension Plan Survivor's
Benefit shall not reduce the Survivor Benefit payable to a Surviving Spouse
until the month that contains the Participant's Normal Retirement Date.

         The Survivor Benefits under this Plan shall not affect in any way the
determination of other survivor benefits payable to the Surviving Spouse by ENB.
The amount by which such other survivor benefits exceed the Survivor Benefit
payable pursuant to this Plan shall not reduce or otherwise affect future
determinations of the amount of the Survivor's Benefit under this Plan.

         7. BENEFITS UPON TERMINATION OF EMPLOYMENT PRIOR TO AGE 60. A
Participant who terminates employment prior to age 60 shall not generally be
entitled to commence receiving benefits if he terminates employment prior to the
attainment of age 60. However, in the event of a Participant's termination of
employment for personal hardship or such other reason, as determined


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by ENB's Board of Directors, prior to age 60, but after the attainment of age
55, the Participant may be entitled to benefits under this Plan commencing on
the first day of the month coincident with, or following, such termination.
Personal hardship, by way of example and not limitation, includes a finding by
ENB's Board of Directors that the Participant is unable to devote full time and
attention to ENB due to serious illness of the Participant's spouse.

         8. CHANGE IN CONTROL BENEFIT. In the event there is a Change in Control
of the Company and the Participant becomes entitled to benefit and compensation
payments pursuant to Section 9 of the Management Continuity Agreement between
the Company and the Participant (the "Management Continuity Agreement"), then
the Participant shall be entitled to the following additional benefits under
this Plan:

         (A) The Participant shall be credited with additional Years of Vesting
Service for purposes of determining Participant's benefit under this Plan. The
number of Years of Vesting Service to be credited shall equal the number of
years (rounded to the nearest twelfth) for which benefits and compensation are
payable pursuant to Section 9 of the Management Continuity Agreement (the
"Salary Continuation Period").

         (B) A Participant's Final Average Compensation shall not be determined
as set forth in Section 4 of this Plan, but instead shall mean Participant's
average base salary determined by dividing the sum of the Participant's highest
60 months of base salary out of the Participant's final 120 months of salary
payments by ENB or its successor to the Participant (which shall include the
undiscounted amount of salary payable for the Salary Continuation Period,
regardless of when such salary payments are actually made) by 5, plus the
Participant's average incentive bonus award. The Participant's average incentive
bonus award shall be the fraction (i) the numerator of which is the


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sum of the highest bonuses awarded to the Participant during the last 10 years
of employment with ENB or its successor for the number of years equal to 5 minus
the Salary Continuation Period (the "Incentive Bonus Period"); (ii) the
denominator of which is 5. In the event the Incentive Bonus Period is not a
whole number, the numerator used to determine the Participant's average
incentive bonus shall include the pro rata portion of the next bonus that would
be included in the average incentive bonus award if the Incentive Bonus Period
were rounded to the next highest whole number.

         (C) In addition to the other forms of benefits payable to the
Participant under this Plan, the Participant shall be entitled to elect to
receive a lump sum distribution. The Participant shall make such election in
accordance with Section 11 of this Plan.

         (D) In the event the Participant has not yet attained age 60 as of the
date of the Participant's termination of employment, benefits under this Plan
(including the additional benefits resulting from Sections 8(a) and 8(b) of this
Plan, but excluding benefits described in Section 8(e) and Section 10 of this
Plan), shall be determined pursuant to Section 4 of the Plan as if the
Participant was age 60 and assuming that benefit payments commence in the month
containing the Participant's 60th birthday. If the Participant elects to receive
payment of Plan benefits in the form of a lump sum following a Change in Control
of the Company and the lump sum is payable prior to the Participant's attainment
of age 60, the amount of the lump sum shall be the Actuarial Equivalent of the
Participant's Plan benefit calculated as if the Participant had attained age 60
and there shall be no discount in the lump sum payable to the Participant to
reflect that the Participant has not attained age 60. The Primary Social
Security Amount, the ENB Pension Plan Benefit and the ENB Profit Sharing Plan
Equivalent offsets to the Unreduced Plan Benefit under Section 4 of this
Agreement

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shall all be determined in the manner described in Section 4 of this Plan in
such amount in effect as of the Participant's termination of employment.

         (E) The Participant shall be credited with an additional benefit under
Section 10 of this Plan equal to (i) the matching contributions that would have
been made on behalf of the Participant pursuant to the 401(k) Plan, (ii) the
employer contributions that would have been made on behalf of the Participant
pursuant to the Empire National Bank Employee Stock Ownership Plan (the "ESOP"),
and (iii) the additional benefits the Participant would have accrued pursuant to
Section 10 of this Agreement during the Salary Continuation Period following the
Participant's termination of employment. The Participant's compensation used to
determination such benefits shall include the Salary Continuation Amount.
Matching contributions under subsection (i) shall be determined by assuming that
the Participant elected to defer the percentage of the Salary Continuation
Amount equal to the percentage of the Participant's compensation that the
Participant had elected to defer immediately prior to the Change in Control.

         9.  ESI BENEFITS. Any benefit payable pursuant to the ESI Plan to a
Participant in this Plan shall be governed by the terms and conditions of the
ESI Plan as amended and attached as Exhibit A to this Plan and shall reduce the
benefits payable under this Plan in the manner described in Section 6.

         10. OTHER BENEFITS. In addition to the benefits described above, a
Participant shall be credited with a contribution to a separate account if the
Participant's annual additions to the 401(k) Plan or the ESOP are reduced due to
the limitations on annual additions set forth in Section 415 of the Internal
Revenue Code. In the event such a Participant's annual additions to such plans
are limited, the amount by which the Participant's annual additions are limited
shall be credited to an


                                       10

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individual account in this Plan. Such account shall be credited and debited with
earnings and losses as if it had been invested in the same manner as 401(k) Plan
assets that are being invested at the direction of ENB. Effective January 1,
1998, such account shall be credited or debited with earnings and losses as if
it had been invested in the Federated Managed Series Growth Fund, or such other
fund designated by the 401(k) Plan trustees with comparable risk and return
characteristics to the Federated Managed Series Growth Fund.

         In addition, in the event a Participant's elective deferrals that are
otherwise allowed under the 401(k) Plan are limited pursuant to the average
deferral percentage test of Section 401(k)(3) of the Code, the dollar limitation
of Section 402(g) of the Code, or the compensation limitation of Section
401(a)(17) of the Code, and if elected by the Participant prior to the
commencement of the applicable 401(k) Plan Year, the amount by which such
elective deferrals are limited shall be credited to a separate account in this
Plan. Such account shall be credited and debited with earnings and losses as if
it had been invested in the same manner that 401(k) Plan assets that are being
invested at the direction of ENB. Effective January 1, 1998, such account shall
be credited or debited with earnings and losses as if it had been invested in
the Federated Managed Series Growth Fund, or such other fund designated by the
401(k) Plan trustees with comparable risk and return characteristics to the
Federated Managed Series Growth Fund.

         To the extent that ENB's contributions to the 401(k) Plan or the ESOP
are limited by the Code Section 401(a)(17) limitation on compensation that can
be considered to calculate ENB's contributions, the amount by which such
contributions are limited shall be credited to a separate account in this Plan.
To the extent that ENB's contributions to the 401(k) Plan are limited by
application of the tests described in Code Sections 401(k)(3) or 401(m), the
amount by which such

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contributions are limited shall be credited to a separate account in this Plan.
Such accounts shall be credited and debited with earnings and losses as if it
had been invested in the same manner as 401(k) Plan assets that are being
invested at the direction of ENB. Effective January 1, 1998, such account shall
be credited or debited with earnings and losses as if it had been invested in
the Federated Managed Series Growth Fund, or such other fund designated by the
401(k) Plan trustees with comparable risk and return characteristics to the
Federated Managed Series Growth Fund.

         Unless the Participant terminates employment after attaining Early or
Normal Retirement age, as defined in the Pension Plan, the amounts represented
by the separate accounts that are established pursuant to this Section shall be
distributed to the Participant in a single lump sum payment within 90 days
following the Participants termination of employment. If a Participant elects to
retire from employment with ENB after attaining Early or Normal Retirement Age,
the Participant may elect to receive a distribution of the participants separate
accounts in any form allowed under the 401(k) Plan, provided that the
Participant elects such form of benefit by the earlier of (i) the last day of
the calendar year preceding the last day of employment with ENB; or (ii) 3
months preceding the Participants last day of employment with ENB.

         With respect to the accounts established pursuant to this Section, the
Participant shall designate a beneficiary by filing a written designation with
ENB. The Participant may revoke or modify the designation at any time by filing
a new designation. However, designations will only be effective if signed by the
Participant and accepted by ENB during the Participant's lifetime. The
Participant's beneficiary designation shall be deemed automatically revoked if
the beneficiary predeceases the Participant, or if the Participant names a
spouse as beneficiary and the marriage is subsequently dissolved. If the
Participant dies without a valid beneficiary designation, all payments

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shall be made to the Participant's surviving spouse, if any, and if none, to the
Participant's surviving children and the descendants of any deceased child by
right of representation, and if no children or descendants survive, to the
Participant's estate.

         If a benefit under this Section is payable to a minor, to a person
declared incompetent, or to a person incapable of handling the disposition of
his or her property, ENB may pay such benefit to the guardian, legal
representative or person having the care or custody of such minor, incompetent
person or incapable person. ENB may require such proof of incompetency, minority
status or guardianship as it may deem appropriate prior to the distribution of
the benefit. Such distribution shall completely discharge ENB from all liability
with respect to such benefit.

         Amounts that are credited to an account pursuant to this Section shall
not be taken into consideration in determining a Participant's compensation used
to calculate benefits or ENB contributions under the 401(k) Plan, the ESOP or
the Pension Plan.

         11. TIMING AND FORM OF BENEFIT PAYMENTS. Other than the benefits
payable pursuant to Section 10, the benefits payable to a Participant shall be
paid in the same form that benefits of the Pension Plan are payable to the
Participant. In the event that a benefit payable to a Participant is not payable
in the form of a life annuity, the benefit payable to the Participant shall be
the Actuarial Equivalent to a life annuity, which in the case of any lump sum
payment shall be the Actuarial Equivalent for purposes of determining lump sum
payments of Pension Plan benefits with a present value less than $5,000.

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         In the event of a Change in Control of the Company, the Participant may
make a separate election to receive a lump sum payment of Plan benefits,
including the benefits payable pursuant to Section 10. Such election shall
supersede any other election under this Plan. The lump sum payment shall be made
within 30 days following termination of Employment. A Participant must make an
election under this Section 11 by the earlier of (i) the last day of the
calendar year preceding the date of the Change in Control, or (ii) 60 days prior
to the date of the Change in Control. Solely for this purpose, a Change in
Control will only be considered to have occurred if one of the events described
in subsections (i) through (iii) of the definition of "Change in Control" in
Section 13 of this Plan has occurred.

         12. TERMINATION BY THE COMPANY WITH CAUSE. ENB, by resolution of its
Board of Directors, may deny benefits to a Participant by providing the
Participant with notice, which may be provided as late as the effective date of
such denial of benefits, if the Participant is indicted for commission of a
felony or commits fraud, gross malfeasance or improper conduct resulting in
substantial injury to the interests of the Company. In such event, ENB will have
no further obligation to the Participant under this Plan from the date of such
notice.

         13.      DEFINITION OF CHANGE IN CONTROL.

         A Change in Control of the Company shall be deemed to have occurred if
any one of the following events takes place:

           (i)    at least 20% of the Company's outstanding stock is acquired by
                  an Acquiring Person;

           (ii)   Continuing Directors cease to comprise a majority of the
                  Company's Board of Directors;

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           (iii)  all or substantially all of the Company's assets are sold;

           (iv)   the Board of Directors of the Company approves an agreement to
                  merge or consolidate the Company in a transaction pursuant to
                  which neither the Company nor any of its wholly owned
                  subsidiaries will be the surviving corporation; or

           (v)    the Company is involved in negotiating a merger or
                  reorganization such that the Company will not be the surviving
                  entity and the Board of Directors adopts a resolution to the
                  effect that a Change in Control has occurred.

         The term "Acquiring Person" means any individual, corporation,
partnership or other entity, and any entity related to or acting for the benefit
of or in concert with such entity, which is the beneficial owner of 20% or more
of the shares of the common stock of the Company then outstanding; provided,
however, that "Acquiring Person" does not include the Company, any subsidiary or
any employee benefit plan of the Company or of any subsidiary of the Company.

         The term "Continuing Director" means (i) any member of the Board of
Directors of the Company who is not an Acquiring Person or a representative of
an Acquiring Person and who was a member of the Board of Directors of the
Company prior to the date of this Agreement, and (ii) any person who
subsequently becomes a member of the Board of Directors of the Company and who
is not an Acquiring Person or a representative of an Acquiring Person, if (A)
such person's nomination for election or election to the Board of Directors of
the Company is recommended or approved by resolution of a majority of the
Continuing Directors, or (B) such person is included as a nominee in a proxy
statement of the Company distributed when a majority of the Board of Directors
of the Company consists of Continuing Directors.

                                       15

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         If a Change in Control, as defined solely by subparagraphs (iv) and (v)
above, occurs, and within 9 months following such Change in Control, a Change in
Control, as defined by subparagraphs (i) through (iii), has not occurred, or the
agreement contemplated in subparagraph (iv) has not been consummated, a Change
in Control shall no longer be deemed to have occurred, and the provisions of
this Agreement that become operative upon a Change in Control shall not become
operative until the subsequent occurrence of a Change in Control, as defined in
subparagraphs (i) through (v).

         14. OFFICER'S COSTS OF ENFORCEMENT. The Company shall pay all expenses
of the Officer, including but not limited to attorneys' fees, incurred in
enforcing payments by the Company pursuant to this Plan.

         15. AMENDMENTS TO PLAN. ENB, acting through its Board of Directors,
reserves the right at any time to terminate, modify or amend any of the
provisions of this Plan without the consent of any Participant or beneficiary.
No such amendment shall adversely affect the rights of retired Participants or
their beneficiaries with respect to benefits in pay status prior to such
amendment. In addition, any amendment, modification, suspension or termination
of any provision of the Plan may only be made effective prospectively, and shall
not reduce the benefits accrued under this Plan to the date of such amendment,
modification, suspension or termination.

         16. NO RIGHT TO EMPLOYMENT. Nothing contained in this Plan shall give
any employee the right to be retained in the employment of ENB or affect the
right of ENB to dismiss any employee. The adoption of the Plan shall not
constitute a contract of employment between ENB and any of its employees.

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<PAGE>   17



         17. ADMINISTRATION. The Plan shall be administered by a committee (the
Committee) appointed by the Board of Directors. The Committee shall have full
power and authority to construe, interpret and administer the Plan. All
decisions, actions or interpretations of the Committee shall be final,
conclusive and binding upon all parties.

             No member of the Committee shall be personally liable by reason of
any contract or other instrument executed by him or on his behalf in his
capacity as a member of the Committee, nor for any mistake of judgment made in
good faith, and ENB shall indemnify and hold harmless each member of the
Committee and each other officer, employee or director of ENB to whom any duty
or power relating to the administration or interpretation of the Plan has been
delegated, against any cost or expense (including attorneys' fees) or liability
(including any sum paid in settlement of a claim with approval of the Committee)
arising out of any act or omission to act in connection with the Plan, unless
arising out of such person's own fraud or bad faith.

         18. FEDERAL INCOME TAX WITHHOLDING. ENB may withhold from any benefits
payable under this Plan any and all taxes required pursuant to any law or
governmental regulation or ruling.

         19. APPLICABLE LAW. This Plan shall be construed and enforced according
to the laws of the state of Michigan to the extent not preempted by federal law.

         20. BINDING NATURE OF PLAN. This Plan shall be binding upon the
successors and assigns of ENB and the heirs and successors of the Participants.

         IN WITNESS WHEREOF, the foregoing Plan has been executed by Empire
National Bank, by a duly authorized officer this 1st day of December, 1999.



                                              EMPIRE NATIONAL BANK


                                              BY: /s/ William T. Fitzgerald, Jr.
                                                 -------------------------------


                                              ITS:  Division Vice President
                                                    ----------------------------
                                       17