Document:

Exhibit 10.1  

FIRST AMENDMENT TO
RESTATED LINCOLN BANK
DEFERRED DIRECTOR SUPPLEMENTAL RETIREMENT PLAN  

        This
First Amendment to the Restated Lincoln Bank Deferred Director Supplemental Retirement
Plan effective as of September 1, 2001 (the “Plan”) is hereby adopted in
accordance with the provisions of Section 4.02 of the Plan as follows: 

     A.    
          Freezing of the Plan as of December 31, 2004. 

        With
respect to all benefits vested and earned as of December 31, 2004, by Directors of Lincoln
Bank (the “Bank”) participating in the Plan on that date, those benefits shall
be governed by the terms of the Plan in effect on December 31, 2004. 

     B.    
          Amendment of the Plan Effective January 1, 2005. 

        With
respect to all benefits vested or earned on and after January 1, 2005, by Directors of the
Bank participating in the Plan on and after January 1, 2005, those benefits shall be
governed by the terms of the Plan in effect on December 31, 2004, as amended by the
following provisions: 

     1.    
          A new section 1.04 shall be added to read in its entirety as follows: 

	  	
Section
1.04. “Change in Control.” The term “Change in Control” shall
mean a change in the ownership or effective control of the Bank, or in the ownership of a
substantial portion of the assets of the Bank, as shall be prescribed by regulations
adopted by the Internal Revenue Service under Section 409A(a)(2)(v) of the Internal
Revenue Code of 1986, as amended (other than a change of control resulting from a trustee
or other fiduciary holding shares of the capital stock of the Bank or the Holding Company
under an employee benefit plan maintained by the Holding Company or by the Bank).  

	

     2.    
          Section 1.09 shall be amended to read in its entirety as follows: 

	  	
Section
1.09 “Total Disability.” The term “Total Disability” means any
medically determinable physical or mental impairment which can be expected to result in
death or to last for a continuous period of not less than 12 months and which (1) renders
Executive unable to engage in any substantial gainful activity or (2) entitles Executive
to income replacement benefits for a period of not less than three months under an
accident and health plan covering  

	

 

	  	
employees
of the Bank, as reasonably determined by a duly licensed physician acceptable to the
Bank.  

	

     3.    
          A new Section 2.03 shall be added to read in its entirety as follows: 

	 	
Section
2.03 Change in Control. If a Change in Control occurs prior to the commencement of
the payment of benefits to the Director hereunder, and either Director’s service as a
director of the Bank terminates in connection with such Change in Control or the Bank
directs that such payment be made to Director in connection with the Change in Control,
Director shall be paid the present value of the benefits to which he is entitled hereunder
upon the attainment of age seventy (70) (using 100% as the Director’s Vested
Percentage), applying the same actuarial assumptions used in making similar determinations
under the Bank’s 401(k) plan. Such benefits shall be paid in five annual installments
with the first such installment commencing 30 days after the Change in Control. Over the
5-year payout period, the unpaid benefits shall accrue interest at the same interest rate
used to calculate the present value of the benefits under this Section 2.03. 

	

     4.    
          Section 4.01 shall be amended to read in its entirety as follows: 

	 	
Section
4.01 Termination. The Bank may at any time terminate this Plan. In the event the
Plan is terminated, the Director shall be entitled to monthly amounts determined in
accordance with Article II as though the Director had ceased being a Director on the date
of termination, and based on the Vested Percentage and the rate of Director Fees in effect
on the date on which the Plan is terminated, payable only at the times and manner provided
in this Plan. 

	

        IN
WITNESS WHEREOF, the parties have caused this First Amendment to Restated Lincoln Bank
Deferred Director Supplemental Retirement Plan to be executed as of this 15th day of
March, 2005. 

			LINCOLN BANK

By:  /s/ T. Tim Unger
        ——————————————
         T. Tim Unger

Title:  President
        ——————————————

	

2

Accepted and consented to: 

	/s/ Dennis W. Dawes
Dennis W. Dawes	/s/ T. Tim Unger
T. Tim Unger
	 

	/s/ W. Thomas Harmon
W. Thomas Harmon	/s/ Jerry R. Engle
Jerry R. Engle
	 

	/s/ Jerry R. Holifield
Jerry R. Holifield	/s/ R. J. McConnell
R. J. McConnell
	 

	/s/ David E. Mansfield
David E. Mansfield	/s/ Frank A. Rogers
Frank A. Rogers
	 

	/s/ John C. Milholland
John C. Milholland	/s/ John L. Wyatt
John L. Wyatt
	 

	/s/ Lester N. Bergum, Jr.
Lester N. Bergum, Jr.

	

3Exhibit 10.2 

UNFUNDED DEFERRED
COMPENSATION PLAN
FOR THE DIRECTORS OF 
LINCOLN BANK
(AS AMENDED
AND RESTATED EFFECTIVE JANUARY 1, 2005)  

     	1.	
          This Plan shall be unfunded so that the Lincoln Bank (hereinafter known as the
          “Bank”) is under a mere contractual duty to make payments when due
          under the Plan. The promise to pay shall not be represented by notes and shall
          not be secured by a pledge of assets or in any other way. This Plan and action
          taken pursuant to it shall not be deemed or construed to establish a trust or
          fiduciary relationship of any kind between or among the Bank, any Director, or
          any other person. Neither a Director nor any beneficiary of a Director shall
          have the power to transfer, assign, anticipate, or otherwise encumber in advance
          any of the payments that may become due hereunder, nor shall any of such
          payments be subject to attachment, garnishment, or execution or be transferable
          by operation of law in the event of bankruptcy, insolvency, or otherwise. 

          

     	2.	
          Each Director may elect to have any portion or all of his or her calendar year
          fees deferred by filing a written election with the Secretary of the Bank prior
          to January 1st of the calendar year for which the deferral is made. The election
          may not be modified or revoked after the beginning of such calendar year.
          Elections may be modified or revoked as of the close of any calendar year, but
          any such modification or revocation shall be effective only as to fees for
          subsequent calendar years. The deferral election shall be made on an election
          form (“Election Form”) in the form attached hereto as Exhibit A, and
          the deferral election shall continue from time to time until revoked or modified
          by the Director. A person who becomes a Director after January 1st of a calendar
          year may elect to have any portion or all of his or her fees for such calendar
          year deferred by filing a written election with the Secretary of the Bank within
          30 days after becoming a Director; provided, however, that such election will
          only cover fees paid for services rendered after the date on which the election
          is received by the Bank. If he or she does not file such an Election Form by
          such date, the Director will be deemed to have elected not to defer fees
          herein. As used herein, “fees” means any retainer fees or meeting fees
          which an individual receives or is entitled to receive as a Director, including
          fees that accrue on account of service on any committee of Directors and fees
          that are payable for services over and above those normally expected of
          Directors and performed at the request of the Chairman of the Bank. 

          

     	3.	
          A Director’s election to defer fees shall continue from calendar year to
          calendar year unless the Director revokes or modifies it in writing as provided
          in paragraph 2 hereof. 

          

     	4.	
          The Bank shall maintain a memorandum account for each Director participating in
          the Plan with respect to deferred fees and shall credit such account quarterly
          with interest. The rate of interest for a quarter will be the highest, rate
          offered by the Bank to the general public for any period of seven consecutive
          calendar days during such quarter on new insured savings accounts, regardless of
          term. Interest will be compounded quarterly and credited to the accounts as of
          the last day of each quarter. The daily balance method will be used to calculate
          interest on the accounts. Interest will be based on an actual 365 day basis. 

          

	

 

     	5.	
          Amounts which are deferred under the Plan, together with accumulated interest,
          shall be paid in accordance with the Director’s applicable Election Form
          and the requirements set forth in paragraph 6; provided, however, that payment
          must commence or be made not later than the first day of the first calendar year
          which begins on or after the later of (i) the date on which the Director ceases
          to be a director of the Bank or (ii) the date on which the Director attains the
          age specified by the retirement income test of the Social Security Act [Section
          203(f))3), as amended, or the corresponding provision then in effect]; provided
          further, that payment may commence or be made only as of the first day of a
          calendar year and installment payments may be made only as of the first day of a
          calendar month. Amounts which are held pending distribution shall continue to
          accrue interest at the stated interest rate. In the case of amounts payable in
          monthly or annual installments, each installment shall be equal to the aggregate
          amount in the Director’s account as of the end of the month prior to the
          installment payment date, multiplied by a fraction whose numerator is one (1)
          and whose denominator is the number of installments (including the installment
          that becomes payable as of such date) remaining. 

          

     	6.	
          The manner and date in which a Director’s deferred fees are to be
          distributed to that Director shall be designated by that Director in the
          Election Form executed by that Director. The distribution options available to a
          Director shall include: 

          

	  	  	(i)	  	lump
sum, or  

	  	  	(ii)	  	monthly
or annual installments over a period between 5 and 10 years  

     	 	
          Subject to paragraph 5, the Director shall designate in the Election Form the year in
which distribution is to be made or begin. Notwithstanding anything contained
in this paragraph to the contrary, the following special rules shall govern distributions made under this Plan;

          

	  	  	(iii) 	  	A
Director shall be permitted to change the manner in which the deferred fees           are
to be distributed by completing a new Election Form which provides for a           change
in the manner of payment which is effective no earlier than 12 months           after the
Election Form is completed and is effective at least two (2) calendar           years
before the calendar year during which occurs the earlier of the date on           which
the person ceases to be a Director or the date on which distribution of           the
Director’s deferred fees would have been made but for the change in
          election; provided, however, that no change in the manner in which the deferred
          fees are to be distributed shall be permitted if it accelerates the time or
          schedule of any distribution, and provided further that, except in the case of
          death or disability, the first payment with respect to which such change is
made           must be deferred for a period of not less than 5 years from the date such
          payment would have been made but for the change in election. Any completed
          Election Form which does not meet the timing requirements of this subparagraph
          (iii) or Section 409A of the Internal Revenue Code of 1986, as amended
(the           “Code”), shall be null and void.  

	  	  	(iv) 	  	If
a Director fails to complete an Election Form, amounts credited to his or her
          account shall automatically be distributed in a single lump sum as soon as
          practicable after the January 1 immediately following the date on which
the           Director ceases to be a Director.  

	

          

2

     	7.	
          If any former Director becomes a director, proprietor, officer, partner, or
          employee of, or otherwise becomes affiliated with, any bank or savings
          institution in the State of Indiana that competes with the Bank, or if a former
          Director shall refuse a reasonable request of the Bank to perform consulting
          services for it after he or she retires from the Bank’s Board of Directors,
          any deferred fees and interest remaining payable to such person under the Plan
          shall be payable immediately at the option of the Bank (but only to the extent
          such acceleration of payment is permitted in accordance with Treasury
          Regulations issued with respect to Section 409A of the Code). 

          

     	8.	
          Each Director may file with the Bank a written designation of one or more
          persons as the beneficiaries who shall be entitled to receive any amounts
          remaining payable under the Plan after his or her death. The election shall be
          made in the form attached hereto as Exhibit B. A Director from time to time may
          revoke or change his or her beneficiary designation without the consent of any
          prior beneficiary by filing a new designation with the Bank. The last such
          designation received by the Bank shall be controlling; provided, however, that
          no designation, or change or revocation thereof, shall be effective unless
          received by the Bank prior to the Director’s death. If any amount payable
          under the Plan at or after the death of the Director cannot be paid to the
          Director’s designated beneficiary, either because the Director failed
          validly to designate a beneficiary or because the beneficiary designated by the
          Director is not living at the time the amount becomes payable, the legal
          representative of such deceased Director shall receive the payments. A Director
          may make a time and method of payment election regarding amounts that become
          payable during his or her lifetime and different time and method of payment
          election with respect to amounts becoming payable after his or her death,
          assuming those elections are made at the times permitted by this Plan and
          otherwise comply with the conditions for such elections provided in the Plan.
          Unless a Director elects otherwise, all amounts becoming payable with respect to
          a Director after his or her death shall be paid in one lump sum as of the
          January 1 coinciding with or next following such death. 

          

     	9.	
          Each person receiving a payment under this Plan shall be responsible for the
          Federal, state and local income tax consequences of such payment. Where
          applicable, the Bank shall withhold taxes from each distribution. 

          

     	10.	
          This Plan shall not be deemed to constitute a contract of employment between the
          parties hereto, nor shall any provisions hereof restrict the right of the Bank
          to discharge the recipient, or restrict the right of a recipient to terminate
          his or her employment or status as a Director. 

          

     	11.	
          The President of the Bank shall be empowered to place the Plan in effect under
          such additional conditions and terms as shall not be inconsistent with the terms
          stated above and as shall not jeopardize the status of the Plan as a deferred
          compensation plan allowing a Director of the Bank not to include the deferred
          amount, including interest, in gross income under the Federal income tax law
          until the taxable year or years such amounts are actually paid. 

          

     	12.	
          If a Change in Control occurs prior to the date a Director’s benefits
          hereunder commence and either the Director’s service as a Director
          terminates in connection with such Change 

          

	

          

3

	 	
in
Control or the Bank directs
that such payment be made to Director in connection with the Change in Control, Director
shall be paid the amounts he has deferred hereunder, together with accumulated interest
hereunder, in five annual installments with the first such installment commencing within
30 days following the Change in Control. For purposes of this paragraph 12, “Change
in Control” shall mean a change in the ownership or effective control of the Bank, or
in the ownership of a substantial portion of the assets of the Bank, as shall be
prescribed by regulations adopted by the Internal Revenue Service under Section
409A(a)(2)(v) of the Internal Revenue Code of 1986, as amended. 

     	13.	
          With respect to any benefit payable as a result of termination of or separation
          from employment, termination of or separation from employment shall be
          determined by reference to the Bank and all members of any controlled group
          (determined under Section 414(b) of the Code) or trades or businesses under
          common control (determined under Section 414(c) of the Code) that includes the
          Bank. 

          

     	14.	
          To the extent the Director is a “key employee” (as defined in Section
          416(i) of the Code determined without regard to paragraph (5) thereof) of a
          corporation whose stock is publicly traded on an established securities market
          or otherwise, within the meaning of Section 409A(a)(2)(B)(i) of the Code, no
          distribution of benefits for reasons other than death or disability (as defined
          in Section 409(A)(a)(2)(C) of the Code), a Change in Control, or the
          Director’s attainment of the age specified by the retirement income test of
          the Social Security Act may commence before the date which is six months after
          the Director’s date of separation from service (or, if earlier, the date of
          the Director’s death). 

          

     	15.	
          This Plan shall govern the distribution of benefits earned or vested under the
          Plan on and after January 1, 2005. Benefits earned and vested under the Plan
          prior to January 1, 2005 shall be governed by the terms of the Plan as in effect
          on December 31, 2004. 

          

          

	

4

EXHIBIT A 

LINCOLN BANK
DIRECTORS DEFERRED FEE PLAN 

Election to Defer
Receipt of Fees 

        Pursuant to
the Unfunded Deferred Compensation Plan for the Directors of Lincoln Bank (the
“Plan”), the undersigned Director hereby elects to defer receipt of the
following compensation to be earned as a Director: 

        My
election shall take effect as follows: 

	  	[   ]	  	beginning January 1 of the year following this election. 

	  	[   ]	  	beginning immediately as to all fees not yet earned. [Note: This may be elected
only if the Plan did not exist or the Director was not a
Director on January 1 of the Year of this election.)  

        Distributions
from the Plan shall be made according to the following method: 

	  	[   ]	  	lump sum payment. 

	  	[   ]	  	monthly installments (number of installments not to be less than 60 nor exceed 120). 

	  	[   ]	  	annual installments (number of installments not to be less than 5 nor exceed 10). 

        Distributions from
the Plan to me shall be made or commence as of the January 1 coinciding with or next
following: 

	  	[   ]	  	the date on which I cease to be a director of the Bank. 

	  	[   ]	  	the date on which I attain my Social Security retirement age. 

	  	[   ]	  	the earlier of the foregoing dates. 

	  	[   ]	  	the later of such foregoing dates; 

	

provided, however, that the
distribution of benefits hereunder is subject to the provisions of Section 14 of the Plan. 

          

1

        Distributions
from the Plan after my death shall be made according to the following method and at the
following times: 

	  	[   ]	  	lump sum payment 

		[   ]	
monthly installments commencing as of the January 1 coinciding with or next following
such death (number of installments not to exceed 120). [Note: If installment
payments commence  before the Director’s death, Payment to the
Director’s beneficiary or legal representative will  commence as of the
next date after such death as of which an installment would have been 
payable to the Director but for such death, and the number of months specified
will be reduced  by the number of monthly installments that become payable before
such death and the monthly  equivalent of the number of annual installments
that became payable before such death.)

		[   ]	
annual installments commencing as of the January 1 coinciding with or next following my
death (number of installments not to exceed 10). [Note: If installment payments
commence before the  Director’s death, the number of years specified
will be reduced by the number of annual  installments that became payable
before such death and the annual equivalent of the number of  monthly
installments that became payable before such death.)

	

        All
changes in the manner and dates of payment of benefits under the Plan are subject to the
restrictions in Section 6(iii) of the Plan. 

	DATED: _______________________________	 	_______________________________________
Director's Signature

	

        Lincoln
Bank hereby acknowledges receipt of the foregoing Election to Defer Receipt of Fees. 

	

DATED: _______________________________		LINCOLN BANK

By:
      —————————————— 

	

2

EXHIBIT B
LINCOLN BANK
DIRECTORS DEFERRED FEE PLAN 

DESIGNATION OF BENEFICIARY 

        In
accordance with the provisions of the Lincoln Bank Directors Deferred Fee Plan (the
“Plan”), and subject to the conditions on the next page hereof, the undersigned
Director hereby designates the following as the beneficiary or beneficiaries of any
amounts payable under the Plan upon or after his or her death, and hereby revokes all
prior beneficiary designations, if any, made by him or her: 

	PRIMARY BENEFICIARIES: 		[List name,  relationship to Participant,  mailing address and(if  available)  Social  Security  Number of each]
	 
	

	

	

	 
	CONTINGENT BENEFICIARIES: 		[List name,  relationship to Participant,  mailing address and (if  available)  Social  Security  Number of each]
			
	

	

	

	DATE: _______________________________	 	_______________________________________
Director's Signature

	Signature of Witness
(Someone Other Than Director)

		
	_________________________		
	

Address of Witness		
	_________________________

_________________________		

	

CONDITIONS 

         1.       
          Unless otherwise provided on the preceding page of this designation, each
          payment to be made pursuant to this designation shall be paid in equal shares to
          those primary beneficiaries who survive the Director and are living at the time
          such payment becomes due or, if no primary beneficiaries survive the Director
          and are then living, in equal shares to those contingent beneficiaries who
          survive the Director and are then living. 

         2.       
          Unless otherwise provided on the preceding page of this designation, this
          designation shall automatically be revoked and be of no further force or effect
          in the event of either of the following contingencies occurring subsequent to
          the date hereof. 

               	 	(a) 	
                    The marriage of the Director, unless the marriage is to the sole primary
                    beneficiary designated by this designation; or 

                    

               	 	(b) 	
                    The termination of the Director’s marriage, by dissolution, divorce or
                    annulment, unless (i) the former spouse is not designated by this designation as
                    a primary beneficiary or contingent beneficiary and (ii) no trust of which the
                    former spouse is a beneficiary is designated by this designation as a primary
                    beneficiary or contingent beneficiary. 

                    

	

         3.       
          The right to change this designation without the consent of any primary or
          contingent beneficiary is reserved. 

Lincoln Bank hereby acknowledges
receipt of this Designation of Beneficiary. 

	

DATE: _______________________________		LINCOLN BANK

By:
      ——————————————

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