Document:

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                                                                    EXHIBIT 10.1

                      FULTON DIVISION ACQUISITION AGREEMENT
                      -------------------------------------

         This FULTON DIVISION ACQUISITION AGREEMENT (the "Agreement"), dated as
of the 1st day of March, 2002, is made and entered into by and between OLD
NATIONAL BANK, a national banking association having its principal office in
Evansville, Indiana (the "Seller"), and HOPKINSVILLE FEDERAL BANK, a federal
savings bank having its principal office in Hopkinsville, Kentucky (the
"Purchaser").

                                   WITNESSETH:
                                   -----------

         WHEREAS, the Seller conducts banking and other related activities in
Fulton, Kentucky; and

         WHEREAS, the Seller desires to sell the Fulton Division (as hereinafter
defined) to the Purchaser, and the Purchaser desires to purchase the Fulton
Division, upon the terms and conditions hereinafter set forth.

         NOW, THEREFORE, in consideration of the foregoing premises, the
representations, warranties and mutual agreements and covenants contained
herein, and other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties hereto agree as follows:

                                    ARTICLE I

             PURCHASE OF ASSETS; ASSUMPTION OF LIABILITIES; PAYMENT
             ------------------------------------------------------

         1.1      The Fulton Division. The Seller presently owns and operates
branch banking offices located at 306 Lake Street, Fulton, Kentucky, and
45-Bypass, Fulton, Kentucky (collectively, the "Branches"). The Branches are all
of the branch banking offices of the Seller in the Fulton Division, which is the
subject of this Agreement. The Seller also owns all of the issued and
outstanding capital stock of Fall & Fall Insurance (as hereinafter defined),
which owns and operates offices located at 101 Main Street, Fulton, Kentucky,
and the NCB Realtor Building, located at 312 Lake Street, Fulton, Kentucky. The
Branches, Fall & Fall Insurance, the NCB Realtor Building and the related
properties and activities are collectively referred to herein as the "Fulton
Division." The Seller hereby conveys the Fulton Division to the Purchaser
through the sale to the Purchaser of certain Assets (as hereinafter defined) and
the assumption by the Purchaser of certain Assumed Liabilities (as hereinafter
defined).

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         1.2      Time and Place of Closing. The closing of the transactions
contemplated hereby (the "Closing") shall occur at such time and on such date as
may be mutually agreed to by the parties (the "Closing Date"), provided that
both parties shall use their reasonable efforts to close such transactions on or
before June 30, 2002. The Closing shall be held at the offices of Seller in
Evansville, Indiana or at such other location as may be mutually agreed to by
the parties.

         1.3      Purchase of Assets. The Seller hereby agrees, subject to
Section 1.4 hereof and the other terms and conditions of this Agreement, to
sell, transfer, convey, assign and deliver to the Purchaser, and the Purchaser
agrees to purchase, accept and receive from the Seller, on the Closing Date the
following assets, properties and rights free and clear of all security
interests, liens, mortgages and encumbrances, except for the security interests,
liens, mortgages and encumbrances that are in favor of the Seller with respect
to the Loans (as hereinafter defined) or that arise under applicable law and
except for the matters disclosed in Section 3.5(a) hereof with respect to the
Real Property (collectively, the "Assets"):

                  (a)      all loans at their respective outstanding principal
                           amounts plus all accrued but unpaid interest and fees
                           thereon and related unamortized origination costs or
                           fees attributed to the Branches as of the close of
                           business on the day immediately preceding the Closing
                           Date, together with all security interests, liens,
                           mortgages, guaranties and collateral related thereto,
                           but excluding all loan loss reserves related thereto,
                           such loans to be listed on Exhibit 1.3(a) hereto
                           delivered to the Purchaser at the Closing
                           (collectively, the "Loans"), provided, however, that
                           the Loans shall not include any loans described in
                           Section 1.4 hereof;

                  (b)      all customer files relating to the Loans and the
                           Deposit Liabilities (as hereinafter defined), all
                           promissory notes, loan agreements, security
                           agreements, mortgages, guaranties and other loan
                           documents relating to the Loans, all signature cards,
                           account agreements and other deposit account
                           documents relating to the Deposit Liabilities and all
                           contracts and rental agreements relating to the
                           Seller's safe deposit box business at the Branches;

                  (c)      all overdrafts associated with all Deposit
                           Liabilities assumed by the Purchaser under Section
                           1.5 hereof;

                  (d)      all right, title and interest in and to the real
                           property on which the Fulton Division's activities
                           are conducted, the legal descriptions of which are
                           set forth on Exhibit 1.3(d) hereto, and the buildings
                           and improvements situated thereon (collectively, the
                           "Real Property");

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                  (e)      all rights, title and interest in and to all personal
                           property (including Branch automobiles and bank owned
                           life insurance), furniture, fixtures, equipment and
                           ATM machines located at the Real Property and owned
                           or leased by the Seller, as listed on Exhibit 1.3(e)
                           hereto (collectively, the "Fixed Assets"), together
                           with any manufacturer's warranties thereon which are
                           in effect on the Closing Date and which are
                           assignable to the Purchaser;

                  (f)      all petty, teller, ATM and vault cash maintained at
                           the Branches as of the close of business on the
                           Closing Date, the exact amounts of which will be
                           certified by the Seller as of the Closing Date;

                  (g)      all rights to the extent assignable in, to and under
                           any vendor single interest insurance or other
                           insurance on collateral transferred to the Purchaser
                           with the Loans;

                  (h)      subject to Section 1.7 hereof, all safe deposit
                           contracts and rental agreements for the safe deposit
                           boxes located at the Branches;

                  (i)      the local telephone and fax numbers associated
                           specifically with the Branches; and

                  (j)      all of the issued and outstanding shares of capital
                           stock of ONB Insurance, Inc. d/b/a/ Fall & Fall
                           Insurance ("Fall & Fall Insurance").

The Purchaser hereby understands and agrees that it is purchasing only the
Assets and assuming only the Assumed Liabilities (as hereinafter defined)
specifically identified in this Agreement and, except as may be expressly
provided for in this Agreement, the Purchaser has no interest in or right to (y)
any customers of any affiliate of the Seller and (z) any relationship which the
Seller may have with any customer of the Fulton Division or of any other offices
of the Seller, including, without limitation, any deposit, loan, trust,
insurance or securities relationship or any other service of the Seller or any
of its affiliates or of any other offices of the Seller which may be related to
the Deposit Liabilities or the Loans. No right to the use of any sign, trade
mark, trade name, service mark or corporate name of Seller, or any of its
affiliates, is being sold hereunder.

         1.4      Excluded Assets. All assets, properties and rights of the
Seller not expressly included in the Assets are excluded from the transactions
contemplated by this Agreement, including, without limitation, the following
(collectively, the "Excluded Assets"):

                  (a)      all trade marks, service marks, trade names,
                           corporate names (including, without limitation, the
                           names "Old National", "Old National Bancorp" and "Old
                           National Bank"), copyrights, medallion program
                           stamps, signs, logos, URLs, domain names (and
                           associated e-mail addresses), Internet web sites,
                           proprietary information, stationery, forms, labels,
                           shipping materials, brochures, advertising and
                           marketing materials and other similar

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                           property or rights owned by, relating to or
                           referencing the Seller or any of its affiliates,
                           except for trade marks, service marks, corporate
                           names, signs, logos, URLs, domain names (and
                           associated e-mail addresses), Internet web sites,
                           proprietary information, stationery, forms, labels,
                           shipping materials, brochures, advertising and
                           marketing materials and similar property or rights
                           owned by, relating to or referencing Fall & Fall
                           Insurance;

                  (b)      the following loans attributed to the Branches as of
                           the close of business on the day immediately
                           preceding the Closing Date shall not be sold to the
                           Purchaser pursuant to this Agreement:

                           (i)      all loans with respect to which on the close
                                    of business on the day immediately preceding
                                    the Closing Date (A) the collateral securing
                                    the loan has been repossessed by the Seller,
                                    (B) the security interest in the collateral
                                    securing the loan has not been perfected, or
                                    (C) collection efforts have been instituted
                                    or delivery or foreclosure proceedings have
                                    been filed,

                           (ii)     all loans attributed to the Branches as of
                                    the close of business on the day immediately
                                    preceding the Closing Date which are
                                    recorded on the Seller's books and records
                                    as non-accrual or which have principal or
                                    interest that is sixty (60) days or more
                                    past due, and

                           (iii)    all loans attributed to the Branches as of
                                    the close of business on the day immediately
                                    preceding the Closing Date with respect to
                                    which the borrower has filed a petition for
                                    relief under the United States Bankruptcy
                                    Code prior to the Closing Date;

                  (c)      all rights of the Seller or any of its affiliates to
                           solicit and service, and all relationships of the
                           Seller or any of its affiliates with, any and all
                           customers of the Seller (whether or not attributed to
                           the Fulton Division) in connection with annuities,
                           securities and investment products, including,
                           without limitation, all rights of the Seller or any
                           of its affiliates to receive income, premiums, fees
                           or commissions relating to annuities, securities or
                           investment products prior to or following the Closing
                           Date by the Seller or any of its affiliates to
                           customers attributed to any of the Fulton Division;

                  (d)      all rights of the Seller or any of its affiliates to
                           solicit and service, and all relationships of the
                           Seller or any of its affiliates with, any and all
                           customers of the Seller (whether or not attributed to
                           the Fulton Division) in connection with trusts,
                           fiduciary services or activities or portfolio or
                           investment management services or activities,
                           including, without limitation, all rights of the
                           Seller or any of its affiliates to receive income,

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                           premiums,fees or commissions relating to trusts,
                           fiduciary services or activities or portfolio or
                           investment management services or activities prior to
                           or following the Closing Date from any customers
                           attributable to the Fulton Division;

                  (e)      all routing numbers of the Seller used in connection
                           with the Deposit Liabilities or the Branches;

                  (f)      all computer, networking and data processing
                           equipment, hardware and software located at or
                           utilized by the Fulton Division, including, without
                           limitation, servers, workstations, personal
                           computers, CRTs, printers, routers, modems, network
                           hubs, data storage media, operating systems, local
                           area networks, custom software and off-the-shelf
                           software;

                  (g)      all telephone systems leased by or located at the
                           Fulton Division, as identified on Exhibit 1.4(g)
                           hereto;

                  (h)      all records of the Seller, except as expressly
                           provided in Section 1.3(b) of this Agreement; and

                  (i)      all precious metals maintained in the vault of either
                           of the Branches.

         1.5      Assumption of Liabilities. The Purchaser hereby agrees,
subject to Section 1.6 hereof and the other terms and conditions of this
Agreement, that on and after the Closing Date it shall assume and fully and
timely perform, discharge and pay, in accordance with their respective terms,
all of the liabilities and obligations of the Seller relating to:

                  (a)      the deposit accounts attributed to the Branches as of
                           the close of business on the day immediately
                           preceding the Closing Date (including, without
                           limitation, all checking, savings, certificate of
                           deposit, individual retirement, Keogh, money market,
                           time deposit and sweep accounts) together with all
                           accrued interest relating to such deposit accounts,
                           such deposit accounts to be listed on Exhibit 1.5(a)
                           hereto delivered to the Purchaser at the Closing
                           (collectively, the "Deposit Liabilities");

                  (b)      the Loans;

                  (c)      all obligations relating to all escrow funds and
                           dealer reserves under the Loans;

                  (d)      the Real Property;

                  (e)      all safe deposit boxes and all rental agreements and
                           contracts for the safe deposit boxes located at the
                           Branches as of the Closing Date;

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                  (f)      the operation of the Fulton Division in the ordinary
                           course of business, including, without limitation,
                           the payment or provision of salary, compensation and
                           employee benefits to the Employees (as hereinafter
                           defined);

                  (g)      deferred compensation which is funded by the bank
                           owned life insurance; and

                  (h)      all liabilities or obligations which are expressly
                           identified elsewhere in this Agreement as being
                           assumed, performed, discharged or paid by the
                           Purchaser.

         The liabilities and obligations described in this Section 1.5 that the
Purchaser hereby agrees to assume and fully and timely perform, discharge and
pay are referred to collectively in this Agreement as the "Assumed Liabilities".
On and after the Closing Date, the Seller shall have no duties,
responsibilities, liabilities or obligations under or with respect to the
Assumed Liabilities.

         1.6      Excluded Liabilities. All liabilities and obligations of the
Seller not expressly included in the Assumed Liabilities are excluded from the
transactions contemplated in this Agreement, including, without limitation, the
following (collectively, the "Excluded Liabilities"):

                  (a)      all deposit accounts attributed to the Branches as of
                           the close of business on the day immediately
                           preceding the Closing Date which are subject to any
                           order, agreement or encumbrance that in any way
                           restricts the payment of funds representing such
                           account on the order of the depositor;

                  (b)      all securities brokerage accounts or dealer reserve
                           accounts maintained by the Seller or any of its
                           affiliates for a customer attributed to any of the
                           Branches;

                  (c)      all amounts and deposits held by the Seller relating
                           to trust accounts or to other customer relationships
                           not being transferred pursuant to this Agreement;

                  (d)      all liabilities associated with cashier's checks or
                           other official bank checks and traveler's checks
                           issued by the Seller at any of the Branches prior to
                           the Closing Date; and

                  (e)      all liabilities and obligations of the Seller
                           relating to the Fulton Division that are not
                           expressly included in the Assumed Liabilities. It is
                           expressly understood and agreed that, except as set
                           forth in this Agreement, along with the exhibits and
                           schedules hereto, the Purchaser shall not assume or
                           be liable for any of the debts, obligations or
                           liabilities of the Seller of any kind and nature
                           whatsoever including, but not limited to: any losses
                           or

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                           liabilities due to or arising from forgery, fraud,
                           defalcation, or any other improper act or omission
                           occurring on or before the Closing Date; any tax or
                           debt therefore (except relating to Fall & Fall
                           Insurance); any liability for unfair practices (such
                           as wrongful termination or employment
                           discrimination), any liability or obligation of the
                           Purchaser arising out of any threatened or pending
                           litigation, or any liability with respect to personal
                           injury or property damage claims.

         1.7      Safe Deposit Business.

                  (a)      On and after the Closing Date, the Purchaser shall
                           assume and fully and timely perform and discharge all
                           of the Seller's obligations with respect to the
                           Seller's safe deposit box business at the Branches in
                           accordance with the terms and conditions of the
                           contracts or rental agreements related to such safe
                           deposit boxes.

                  (b)      On and after the Closing Date, the Seller shall
                           transfer the records related to such safe deposit box
                           business to the Purchaser, and the Purchaser shall
                           maintain and safeguard all such records and be
                           responsible for granting proper access to and
                           protecting the contents of the safe deposit boxes at
                           the Branches.

                  (c)      All safe deposit box rental payments collected by the
                           Seller before the Closing Date for the respective
                           current rental terms shall be prorated between the
                           parties as of the Closing Date.

         1.8      Bills of Sale; Deeds; Assignments; Documentation of
Assumption. On the Closing Date, the Seller shall deliver to the Purchaser such
bills of sale, deeds, assignments and instruments of transfer, reasonably
satisfactory in form and substance to the Seller and the Purchaser, pursuant to
which the Seller will transfer all of its right, title and interest in and to
the Assets to the Purchaser. On the Closing Date, the Purchaser shall deliver to
the Seller such undertakings and agreements, satisfactory in form and substance
to the Seller and the Purchaser, pursuant to which the Purchaser shall assume
and agree to fully and timely perform, discharge and pay, in accordance with
their respective terms, all of the Assumed Liabilities.

         1.9      Assumption Subject to Certain Terms. The liabilities and
obligations being assumed by the Purchaser pursuant to this Agreement shall be
assumed subject to the terms and conditions of the lease, deposit, loan,
security, mortgage and other written agreements relating thereto and all
applicable laws, statutes, rules, regulations and other legal requirements.

         1.10     Transfers. In consideration of the assumption by the Purchaser
of the Assumed Liabilities, on the Closing Date the Seller shall transfer to the
Purchaser (i) the Assets and (ii) U.S. Treasury securities with a maturity at
issuance of no greater than seven days in an amount equal to the Deposit
Liabilities determined in accordance with Section 1.5(a) hereof reduced by the
sum of (a) the principal amount of the Loans, plus the accrued but unpaid
interest and fees thereon, but net of unearned income and excluding loan loss
and general reserves related thereto,

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as shown on the books and records of the Seller as of the close of business on
the day immediately preceding the Closing Date, (b) the Net Book Value of the
Assets, including the Seller's safe deposit business at the Branches, (c) the
face amount of the teller, ATM and vault cash maintained at the Branches as of
the Closing Date, determined in accordance with Section 1.3(e) hereof, and (d)
the overdrafts associated with the Deposit Liabilities, plus the accrued but
unpaid fees related to such overdrafts, as shown on the books and records of the
Seller as of the close of business on the day immediately preceding the Closing
Date; and such payment formula shall be further adjusted in accordance with
Section 1.11 hereof. It is the intent of the Purchaser to acquire Assets and
U.S. Treasury securities with a value equal to the value of the Assumed
Liabilities, and the Seller and Purchaser agree to amend this Agreement in the
event that such intent is not fulfilled by the payment formula referred to
above. Such payment formula is for the sole purpose of determining the amount of
U.S. Treasury securities transferable at the Closing Date and shall not
constitute an allocation of the purchase price to any particular asset being
transferred or liability being assumed pursuant hereto. "Net Book Value" means
the value of the Assets on the books of the Seller as of the Closing Date
determined in accordance with generally accepted accounting principles.

         1.11     Pro-Rated Adjustment of Income and Expenses. All utility
payments, real and personal property taxes and similar expenses and charges
relating to the Real Property and the Fixed Assets, all Federal Deposit
Insurance Corporation ("FDIC") premiums and assessments and all other expenses
relating to the operation of the Branches shall be prorated between the parties
as of the Closing Date on the basis of a 365-day year. To the extent any of such
items has been prepaid by the Seller for a period extending beyond the Closing
Date, there shall be a proportionate monetary adjustment in favor of the Seller.
All taxes, utility payments and other expenses and charges relating to the
Branches which arise or are incurred, assessed or imposed on and after the
Closing Date shall be paid by the Purchaser.

         1.12     Allocation of Purchase Price. The purchase price for the
Assets being purchased and the Assumed Liabilities being assumed by the
Purchaser pursuant to this Agreement shall be allocated on an allocation
schedule to be agreed upon by the Purchaser and the Seller within thirty (30)
days after the Closing Date. This allocation is intended to comply with the
allocation method required by Section 1060 of the Internal Revenue Code of 1986,
as amended. The Purchaser and the Seller shall cooperate to comply with all
substantive and procedural requirements of Section 1060 and any regulations
thereunder, and the allocation shall be adjusted if and to the extent necessary
to comply with the requirements of Section 1060.

         1.13     Transfer Taxes.  The Purchaser shall pay all transfer and
conveyance taxes in connection with the transfer of the Assets to the Purchaser
and all recording fees in connection with the transfer of the Real Property to
the Purchaser.

         1.14     Adjustments. It is understood by the parties hereto that the
books and records of the Seller may not be complete as of the Closing Date and
that certain assets and liabilities of the type constituting the Assets and the
Assumed Liabilities may not have been included therein because (a) such Assets
and Assumed Liabilities (i) were not posted on the Closing Date, or (ii) are
carried in the Seller's suspense account, or (b) for other reasons, complete
information with respect to the Assets and the Assumed Liabilities was not
otherwise available. Within thirty (30)

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days after the Closing Date, the Seller and the Purchaser shall prepare a
revised closing statement setting forth the payment required pursuant to
Sections 1.10 and 1.11 of this Agreement taking into account, among other
things, assets and liabilities of the type constituting the Assets and the
Assumed Liabilities and the transactions occurring through the Closing Date.
Within ten (10) days after completion of the revised closing statement, the
Purchaser shall pay to the Seller or the Seller shall pay to the Purchaser, as
appropriate, the difference between the amount paid on the Closing Date and the
amount required to be paid pursuant to the revised closing statement.

         1.15 Payment. In consideration of the Assets and securities to be
transferred by the Seller to the Purchaser hereunder, on the first business day
following the Closing Date, the Purchaser shall pay the Seller by wire transfer
of immediately available funds an amount equal to 6.456% of the Deposit
Liabilities and the repurchase agreement liabilities plus interest accrued at a
rate equal to the then effective Federal funds overnight rate as published by
the Federal Reserve Bank.

                                   ARTICLE II

                   CERTAIN AGREEMENTS OF PURCHASER AND SELLER
                   ------------------------------------------

         2.1      Regulatory Approvals.

                  (a)      The Purchaser, at its sole obligation and expense,
                           shall, as soon as practicable following the date of
                           this Agreement, prepare all applications, as required
                           by applicable law, and file such applications with
                           the appropriate federal and state regulatory
                           authorities for approval to purchase the Assets and
                           assume the Assumed Liabilities, to establish a branch
                           at the location of each of the Branches and to effect
                           in all other respects the transactions contemplated
                           hereby (the "Governmental Approvals"). The Purchaser
                           agrees to (i) make draft copies of such applications
                           (except for any confidential portions thereof)
                           available to the Seller at least two (2) business
                           days prior to the filing thereof, (ii) treat and
                           pursue approval of the applications in a diligent
                           manner and on a priority basis, (iii) request
                           confidential treatment by the appropriate federal and
                           state regulatory authorities of all non-public
                           information submitted in the applications, (iv)
                           promptly provide the Seller with a copy of the
                           applications as filed (except for any confidential
                           portions thereof) and all approvals, denials,
                           requests, notices, orders, opinions, correspondence
                           and other documents with respect thereto, and (v) use
                           its reasonable efforts to obtain all Governmental
                           Approvals.

                  (b)      The Seller shall, as soon as practicable following
                           the date of this Agreement, prepare and file with the
                           appropriate federal and state regulatory authorities
                           notice of its intent to cease operation of the
                           Branches and to consummate the transactions
                           contemplated hereby and

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                           thereafter shall use its reasonable efforts to obtain
                           any required permission or approval of such
                           regulatory authorities to cease operating the
                           Branches.

         2.2      Access. The Seller shall afford to the Purchaser and its
authorized representatives, upon forty-eight (48) hours prior notice (or upon
less prior notice as agreed by the parties), reasonable access to the
properties, books and records directly related to the Fulton Division in order
that the Purchaser, at Purchaser's sole expense, may have full opportunity to
make a reasonable review and investigation of the Assets and the Assumed
Liabilities at reasonable times during the Seller's regular business hours
without interfering with the normal business and operations of the Fulton
Division or the affairs of the Seller. The Seller shall furnish the Purchaser
with such information as to its business, operations and properties relating to
the Fulton Division as the Purchaser may, from time to time, reasonably request
and as shall be available which is required for inclusion in all governmental
applications necessary to effect the transactions contemplated hereby. Nothing
in this Section 2.2 shall be deemed to require the Seller to breach any
obligation of confidentiality or to reveal any proprietary information, trade
secrets or marketing, business or strategic plans.

         2.3      Confidentiality. The Purchaser shall, and shall cause its
directors, officers, employees, agents and representatives to, hold in strict
confidence and not disclose to any other person or entity without the prior
written consent of the Seller (a) the terms of this Agreement and (b) all
information received by the Purchaser or its directors, officers, employees,
agents or representatives from or with respect to the Seller, the Branches, the
Assets, the Assumed Liabilities, the customers or the transactions contemplated
hereby, except such information (i) as may be publicly available other than
through a breach of this Agreement or the wrongful dissemination of such
information by the Purchaser or its directors, officers, employees, agents or
representatives, (ii) as may be required to be disclosed by applicable law, or
(iii) as required to obtain the Government Approvals. The Seller and the
Purchaser agree that neither shall issue any news or press release or provide
information to any reporter or the media regarding this Agreement or the
transactions contemplated hereby, except as is required by applicable law,
without obtaining the prior approval of the other party. In addition to the
foregoing, the Seller and the Purchaser are parties to a separate
confidentiality agreement relating to the Branches and the transactions
contemplated hereby which shall remain binding upon the parties and in full
force and effect in accordance with its terms (the "Confidentiality Agreement").

         2.4      Conversion of Accounts; Transfer and Delivery of Assets and
Deposit Liabilities.

                  (a)      Prior to the Closing Date, the Purchaser shall use
                           its best efforts to assure that its data processing
                           systems are capable of receiving the Assets and the
                           Deposit Liabilities on the Closing Date.

                  (b)      On the Closing Date, the Seller shall:

                                    (i)     deliver to the Purchaser such of the
                                            Assets as shall be capable of
                                            physical delivery;

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                                    (ii)    execute, acknowledge and deliver to
                                            the Purchaser all such endorsements,
                                            assignments, bills of sale, deeds
                                            (which with respect to the Real
                                            Property shall be warranty deeds)
                                            and other instruments of conveyance,
                                            assignment and transfer as, in the
                                            reasonable judgment of the
                                            Purchaser, shall be necessary and
                                            appropriate to consummate the sale
                                            and transfer of the Assets to the
                                            Purchaser and to vest in the
                                            Purchaser the legal and equitable
                                            title to the Assets, free and clear
                                            of all liens and encumbrances,
                                            except as otherwise permitted in
                                            this Agreement;

                                    (iii)   assign, transfer and deliver to the
                                            Purchaser such of the following
                                            records pertaining to the Deposit
                                            Liabilities as exist and are
                                            available in whatever form or medium
                                            is maintained by the Seller:

                                            (A) all orders, agreements and
                                            contracts between the Seller and
                                            depositors attributed to the
                                            Branches and records of similar
                                            character, including signature
                                            cards; and

                                            (B) all records of account
                                            maintained for each depositor
                                            attributed to the Branches;

                           (iv)     produce a bank statement for each of the
                                    Loans transferred and Deposit Liabilities
                                    assumed and mail, at its expense, a
                                    statement dated as of the day immediately
                                    prior to the Closing Date to the customer
                                    with respect to each of the Deposit
                                    Liabilities; and

                           (v)      assign, transfer and deliver to the
                                    Purchaser the promissory notes, security
                                    agreements, mortgages and related agreements
                                    and loan files relating to or evidencing all
                                    Loans to the extent the same exist and in
                                    whatever form or medium is maintained by the
                                    Seller.

         2.5      Retention of and Access to Files and Records Following the
Closing Date.

                  (a)      The Purchaser agrees that it shall maintain, preserve
                           and safely keep, for as long as may be required by
                           applicable law and in accordance with customary
                           business practices, all of the files, books of
                           account and records relating to the Fulton Division
                           (including, without limitation, the Assets and the
                           Assumed Liabilities) for the joint benefit of itself
                           and the Seller, and that it shall permit the Seller
                           and its employees and representatives, at any
                           reasonable time and at the Seller's expense, to
                           inspect, make extracts from or copies of any such
                           files, books of account and records as the Seller
                           shall deem reasonably necessary.

                  (b)      In the event that some of the Seller's records
                           concerning the Deposit Liabilities cannot reasonably
                           be segregated from the Seller's records

                                       11

<PAGE>

                           regarding accounts not transferred pursuant to this
                           Agreement, the Seller shall not deliver such records
                           to the Purchaser but shall maintain, preserve and
                           safely keep such records for as long as may be
                           required by applicable law. The Seller shall permit
                           the Purchaser or Purchaser's employees and
                           representatives, at reasonable times and at the
                           Purchaser's expense, to inspect, make extracts from
                           or copies of such records which relate to any such
                           records.

         2.6      Safekeeping. The Seller agrees to transfer and deliver to the
Purchaser on the Closing Date all safe deposit box contents, including without
limitation, securities, papers, valuables and other items (collectively,
"Safekeeping Items"), held by the Seller in safekeeping for its customers at the
Branches, together with all records relating thereto (in whatever form or medium
is maintained by the Seller). The Purchaser agrees to assume, honor and
discharge, from and after the Closing Date, the duties and obligations of the
Seller with respect to such safe deposit boxes and the Safekeeping Items and
shall be entitled to any right or benefit arising from such safekeeping business
from and after the Closing Date. The Purchaser agrees to execute as of the
Closing Date a receipt for such Safekeeping Items.

         2.7      Employees.

                  (a)      The active employees of the Seller who are assigned
                           to the Fulton Division as of the Closing Date (the
                           "Employees") shall, as of the Closing Date, be
                           terminated by the Seller and become employees-at-will
                           of the Purchaser at the base salary at least
                           equivalent to the rate of base salary paid by the
                           Seller to each of the Employees, other than the
                           current area President, on the day immediately
                           preceding the Closing Date. The Seller shall be
                           responsible for the filing of Forms W-2 with the
                           Internal Revenue Service and all required filings
                           with state tax authorities with respect to wages and
                           benefits paid to each such employee for all periods
                           ending prior to the Closing Date.

                  (b)      Immediately following the Closing, the Purchaser
                           shall make available to the Employees substantially
                           the same employee benefits on substantially the same
                           terms and conditions as the Purchaser offers to its
                           similarly situated employees. Years of service of
                           each of the Employees with the Seller, and any
                           predecessors, prior to the Closing shall be credited
                           for purposes of (i) eligibility under the Purchaser's
                           employee welfare benefit plans, and (ii) eligibility
                           and vesting, but not for purposes of benefit accrual
                           or contributions, under all other employee benefit
                           plans of the Purchaser, including, without
                           limitation, all pension, retirement, profit sharing,
                           401(k) and employee stock ownership plans. The Seller
                           shall be responsible for and pay all salary,
                           compensation and employee benefits (including,
                           without limitation, vacation, sick, personal and
                           other paid time off), and all payroll taxes in
                           connection therewith, for the Employees accrued,
                           owned or earned for all periods prior to the Closing
                           Date. The Purchaser shall be responsible for and pay
                           all salary, compensation and

                                       12

<PAGE>

                           employee benefits (including, without limitation,
                           vacation, sick personal and other paid time off),
                           and all payroll taxes in connection therewith, for
                           the Employees accrued, owned or earned for all
                           periods on and after the Closing Date.

                  (c)      In accordance with the provisions of the Health
                           Insurance Portability and Accountability Act
                           ("HIPAA") and the terms of the Purchaser's group
                           health, hospitalization, medical, dental and
                           disability plans (collectively, the "Purchaser's
                           Plans"), the Employees who become participants in the
                           Purchaser's Plans shall be given "creditable
                           coverage" credit for their coverage under the
                           Seller's group health, hospitalization, medical,
                           dental and disability plans under the pre-existing
                           condition limitation provisions of the Purchaser's
                           Plans. In addition, if a condition was not a
                           "pre-existing condition" for a participant in the
                           Seller's group health, hospitalization, medical,
                           dental and disability plans, then it shall not be
                           considered to be a pre-existing condition under the
                           Purchaser's Plans; provided, however, that if an
                           Employee's condition is being excluded as a
                           pre-existing condition under the relevant Seller's
                           plan of the Closing Date, then the Purchaser may
                           treat such condition as a pre-existing condition
                           under the relevant Purchaser's Plan for the period
                           such condition would have been treated as a
                           pre-existing condition under the Seller's plan.

                  (d)      With respect to any Employee on short term disability
                           or temporary leave of absence, upon conclusion of his
                           or her short term disability or temporary leave of
                           absence, subject to the terms and conditions of the
                           applicable plans and policies of the Purchaser and
                           applicable law, each Employee on such disability or
                           leave shall receive the salary and vacation benefits
                           effective when he or she went on disability or leave
                           and, to the extent practicable, shall be offered by
                           the Purchaser the same or a substantially equivalent
                           position to his or her position with the Seller.

                  (e)      The Purchaser is not assuming, nor shall it have
                           responsibility for the continuation of, or any
                           liability under or in connection with (i) any
                           employment contract, collective bargaining agreement,
                           plan or arrangement providing for insurance coverage
                           or for deferred compensation (except that which is
                           funded by the bank owned life insurance), bonuses,
                           stock options or other forms or incentive
                           compensation or post-retirement compensation or
                           benefits which are entered into or maintained, as the
                           case may be, by the Seller; (ii) any "employee
                           benefit plan" as defined in Section 3(3) of the
                           Employee Retirement Income Security Act of 1974, as
                           amended ("ERISA"), which is subject to any provision
                           of ERISA and is maintained, administered or
                           contributed to by the Seller; (iii) any withholding
                           or payroll taxes or penalty related thereto; (iv) any
                           employee benefits; or (v) any other obligation
                           arising prior to or as a result of actions by the
                           Seller whether prior to or subsequent to the Closing
                           Date.

                                       13

<PAGE>

                  (f)      This Agreement is not intended to create and does not
                           create any contractual or legal rights in or
                           enforceable by any Employee. The Purchaser agrees to
                           obtain prior approval of the Seller before sending
                           any communications to any Employee concerning the
                           subject matter of this Section 2.7, which approval
                           shall not be unreasonably withheld. This Agreement
                           may be amended or terminated without liability to any
                           Employee.

         2.8      Payment of Items After the Closing Date.  Following the
Closing Date:

                  (a)      The Purchaser agrees to pay in accordance with
                           applicable law and customary banking practices all
                           properly drawn and presented checks, drafts and
                           withdrawal orders presented to the Purchaser by mail,
                           over the counter or through the check clearing system
                           of the banking industry by depositors related to the
                           Deposit Liabilities, whether drawn on the checks,
                           withdrawal or draft forms provided by the Seller or
                           by the Purchaser, and in all other respects to
                           discharge, in the usual course of the banking
                           business, the duties and obligations of the Seller
                           with respect to the balances due and owing to the
                           depositors with respect to whom the Purchaser has
                           assumed the Deposit Liabilities.

                  (b)      If any of such depositors, instead of accepting the
                           obligation of the Purchaser to pay the Deposit
                           Liabilities, shall demand payment for all or any part
                           of any such Deposit Liabilities, the Seller shall not
                           be liable or responsible for making such payment.

                  (c)      After the Closing, the Seller shall have the rights
                           and obligations of a "Collecting bank" or
                           "Intermediary bank" under Article 4 of the Uniform
                           Commercial Code as adopted in Chapter 355 of the
                           Kentucky Revised Statutes with respect to items drawn
                           on the Deposit Liabilities which are received by
                           Seller for processing. Items received for processing
                           against the Deposit Liabilities shall be grouped and
                           delivered to the Purchaser within the time limits
                           provided by the Kentucky Uniform Commercial Code in a
                           special cash letter separately identified as
                           "Transferred Accounts Cash Letter." For purposes of
                           paying the Purchaser's obligations to the Seller
                           under this Section 2.8, the Purchaser will establish
                           a settlement account with the Seller at the Closing
                           Date in a collected amount equal to One Hundred
                           Thousand Dollars ($100,000), which amount shall be
                           maintained by the Purchaser for a period of sixty
                           (60) days following the Closing Date, against which
                           will be (i) debited the checks, returns, ACH charges
                           or debits and items hereafter referred to in this
                           sentence, and (ii) charged amounts in accordance with
                           this Section 2.8(c) to provide, among other things,
                           for the settlement by the Purchaser of checks, ACH
                           charges or debits, returns and items which are
                           presented to the Seller within sixty (60) days after
                           the Closing Date and which are

                                       14

<PAGE>

                           drawn on or chargeable to Deposit Liabilities
                           transferred to the Purchaser. After the expiration of
                           such 60-day period following the Closing Date, the
                           Seller shall dishonor all checks, drafts, withdrawal
                           orders and other instruments and items drawn on the
                           Deposit Liabilities which are presented in any manner
                           to the Seller, unless the Seller and the Purchaser
                           agree to extend such 60-day period and extend the
                           provision for a settlement account as necessary. The
                           Purchaser agrees to arrange for the transportation
                           directly and to pay the expenses of transporting from
                           the Seller to the Purchaser all checks, drafts,
                           orders of withdrawal, cash letters, magnetic tapes
                           and other items related to the Seller's receipt of
                           items relating to the Deposit Liabilities after the
                           Closing Date. Such transportation expenses may be
                           charged against the settlement account of the
                           Purchaser. The Seller shall terminate all ACH
                           arrangements relating to the Deposit Liabilities on
                           or prior to the Closing Date.

                  (d)      The Purchaser agrees to pay promptly to the Seller
                           (i) an amount equal to the amount of any checks,
                           drafts and withdrawal orders credited by the Seller
                           before the Closing Date with respect to any of the
                           Deposit Liabilities that are returned to the Seller
                           unpaid after the Closing Date, and (ii) for a period
                           not to exceed thirty (30) days from the Closing Date,
                           an amount equal to the amount of any checks, drafts
                           and withdrawal orders credited by the Seller after
                           the Closing Date with respect to any of the Deposit
                           Liabilities that are returned to the Seller unpaid
                           after the Closing Date. Upon receipt thereof, the
                           Seller shall immediately forward any such check,
                           draft, withdrawal order or other item to the
                           Purchaser, and subject to the time limitations
                           referenced herein, the Purchaser shall remit to the
                           Seller the amount of each such check, draft,
                           withdrawal order and other item.

         2.9      Loan Payments and Information Received After the Closing Date.

                  (a)      Following the Closing Date, the Seller agrees:

                           (i)      to forward promptly to the Purchaser all
                                    payments (properly endorsed without
                                    recourse) which are received by the Seller
                                    on or after the Closing Date that relate to
                                    the Loans and to provide sufficient
                                    information so that any such payments may be
                                    properly applied to the extent such
                                    information is available to the Seller; and

                           (ii)     to forward promptly to the Purchaser all
                                    notices or other correspondence received on
                                    or after the Closing Date that relate to the
                                    Deposit Liabilities, the Loans or any of the
                                    other Assets.

                  (b)      The Purchaser shall have forty-five (45) days
                           following the Closing to notify the Seller in writing
                           of any Loan that should have been excluded at

                                       15

<PAGE>

                           the Closing from the Assets under Section 1.4 hereof.
                           If such Loan is properly excluded from the Assets,
                           the Seller agrees to promptly repurchase such Loan
                           for an amount equal to the amount paid therefor by
                           the Purchaser.

                  (c)      The Purchaser shall be liable for all returned checks
                           representing payments received by the Seller on or
                           prior to the Closing Date on any Loan. The Seller
                           shall promptly deliver each such returned check
                           received by it to the Purchaser, and the Purchaser
                           shall promptly pay to the Seller the face amount
                           thereof.

         2.10     Notices to Customers. The Purchaser, at Purchaser's cost and
expense, shall deliver within five (5) business days following the Closing Date
by first class mail, postage prepaid, (a) to each customer whose deposit account
is included in the Deposit Liabilities, written notice approved by the Seller
indicating that such customer's deposit account has been assumed by the
Purchaser and, in addition, furnish each such customer with instructions to
utilize the Purchaser's form of checks and to destroy all unused checks on the
form of the Seller, and (b) to each customer whose loan is included in the
Loans, written notice approved by the Seller indicating that such customer's
loan has been sold and transferred to the Purchaser and directing that all
payments with respect to such loan is required to be paid, on and after the date
of receipt of such notice, to an address specified by the Purchaser.

         2.11     Seller Signage and Other Identification. On the Closing Date,
the Purchaser, at its expense, shall substitute its name and logo for the name
and logo of the Seller on all signs at the Branches and shall remove and make
available to the Seller at the Branches all signs which carry the name or logo
of the Seller. The Seller agrees, at its expense, to remove from the Branches as
promptly as practicable after the Closing Date such signs. The Purchaser agrees
to replace promptly all written, printed and electronic materials bearing the
Seller's or any of its affiliate's name and/or logo used at the Branches with
written, printed or electronic materials bearing the Purchaser's name and/or
logo, including, without limitation, coupon books for Loans, stationery, forms
and marketing, advertising and other materials or brochures. All such materials
so replaced shall be removed by the Seller, at its expense, from the Branches as
promptly as practicable after the Closing Date.

         2.12 Right to Intervene. In the event that any claim, demand, suit or
other proceeding is instituted or threatened against the Purchaser relating to
this Agreement, the Assets or the Assumed Liabilities, the Seller shall have the
right, at its discretion and expense, to intervene in such matter, and the
Purchaser hereby agrees to give prompt and prior notice thereof to the Seller
and consents to such intervention.

         2.13     Assumption of Risks.

                  (a)      If any of the Real Property or the Fixed Assets shall
                           be destroyed or materially damaged by fire, wind,
                           water or other casualty prior to the Closing Date and
                           shall not have insurance coverage which in the
                           reasonable determination of the Purchaser is
                           sufficient to repair or replace

                                       16

<PAGE>

                           such Real Property or Fixed Assets, the Purchaser
                           shall have the right to terminate this Agreement with
                           regard to the affected Real Property or Fixed Assets
                           or to accept the affected Real Property or Fixed
                           Assets as destroyed or damaged, together with any
                           rights of the Seller to receive insurance proceeds
                           with respect to such destroyed or damaged Real
                           Property or Fixed Assets.

                  (b)      On and after the Closing Date, the Seller shall
                           discontinue all casualty, liability and other
                           insurance coverage maintained with respect to the
                           Fulton Division and the Assets. The Purchaser shall
                           be solely responsible for all losses and liability
                           claims whatsoever relating to the Fulton Division,
                           the Assets and the Assumed Liabilities arising on and
                           after the Closing Date.

                  (c)      On and after the Closing Date, the Seller shall
                           discontinue providing any security for persons and
                           property at the Fulton Division. The Purchaser shall
                           be solely responsible and liable for all liabilities
                           and claims arising out of injury or damage to
                           persons, property or assets on or at the Fulton
                           Division on and after the Closing Date.

                  (d)      On and after the Closing Date, the Purchaser shall
                           maintain adequate insurance with respect to the
                           losses described in (b) and (c) above and otherwise
                           with respect to the operation of the Fulton Division.

         2.14     Information Reporting.

                  (a)      Subject to Section 2.14(b) hereof, with respect to
                           the Loans purchased and the Deposit Liabilities
                           assumed by the Purchaser pursuant to this Agreement,
                           (i) the Purchaser agrees to report to the customer
                           and to the Internal Revenue Service (and any state or
                           local taxing authority as required) all interest and
                           other amounts paid or earned by the Seller and the
                           applicable customer during the entire year in which
                           the Closing Date occurs, and (ii) the Seller agrees
                           to provide the Purchaser with information about the
                           Deposit Liabilities and the Loans through the close
                           of business on the day immediately preceding the
                           Closing Date necessary for the Purchaser to comply
                           with the requirements of this Section 2.14; and the
                           Seller shall have no responsibility or obligation to
                           provide such information to any customer or the
                           Internal Revenue Service or any state or local taxing
                           authority.

                  (b)      The Purchaser shall comply with its obligations under
                           Section 2.14(a)(i) hereof, but if the Purchaser is
                           unable to so comply, then with written notice thereof
                           to the Seller prior to the Closing Date (i) the
                           Seller shall be responsible for reporting to the
                           customer and to the Internal Revenue Service (and any
                           state or local taxing authority) all interest paid or
                           earned on the Deposit Liabilities and the Loans prior
                           to Closing Date, and (ii) the

                                       17

<PAGE>

                           Purchaser shall be responsible for reporting to the
                           customer and to the Internal Revenue Service (and any
                           state or local taxing authority) all interest paid or
                           earned on the Deposit Liabilities and the Loans on or
                           after the Closing Date.

         2.15     Environmental Study. Within thirty (30) days after the date of
this Agreement, the Purchaser may, at the Purchaser's sole cost and expense,
obtain a completed Phase I environmental report ("Phase I") of any and all Real
Property conducted by an independent environmental investigation and testing
firm selected by the Purchaser and reasonably acceptable to the Seller. In the
event the Phase I discloses any potential environmental condition that in the
reasonable belief of the Purchaser warrants further review or investigation, the
Purchaser shall give notice of the same to the Seller within such thirty (30)
day period with respect to the specific Real Property involved. The Purchaser
shall purchase any and all Real Property for which specific notice is not
provided within such thirty (30) day period. Upon giving the notice required
hereby, the Purchaser may, within an additional fifteen (15) day period obtain a
completed Phase II environmental report ("Phase II") by the same environmental
investigation and testing firm that prepared the Phase I report; provided,
however, that all testing and sampling conducted by such firm shall be agreed
upon in advance by both the Purchaser and the Seller. All costs and expenses
associated with the Phase II testing and report shall be divided equally between
the Purchaser and the Seller. The Purchaser shall purchase any and all Real
Property for which (a) the Phase I or Phase II report reveals potential levels
of environmental contaminants not in excess of federal or state action limits,
or (b) the Purchaser shall have been provided confirmation from governmental
authorities with applicable jurisdiction that no action is required. If the
Phase II report reveals levels of environmental contaminants in excess of
federal or state action limits on any Real Property, the Purchaser may purchase
such Real Property on terms and conditions mutually agreeable to the Purchaser
and the Seller. In the event that the Purchaser and the Seller fail to reach
such agreement within sixty (60) days following the date of this Agreement, the
Purchaser shall lease any such Real Property on terms and conditions mutually
agreeable to the Purchaser and the Seller. The Purchaser and its employees,
agents and representatives shall hold the contents of all Phase I or Phase II
reports confidential and disclose the contents thereof only with the prior
written consent of the Seller or as may be required under applicable law. The
Purchaser shall provide copies of the Phase I and Phase II reports, if any, to
the Seller within the time periods required above for obtaining the same.

         2.16     Cooperation and Further Assurances. Each party agrees that on
and before the Closing Date (a) it shall cooperate with the other in
accomplishing the terms and conditions of this Agreement, and (b) at any time
and from time to time after the Closing Date, it shall execute and deliver to
the other party such further instruments, agreements and documents as the other
party may reasonably request to give effect to the transactions contemplated by
this Agreement.

         2.17     Condition of Assets. The Purchaser has inspected the Fixed
Assets and the Real Property, observed their physical characteristics and
existing conditions and has been afforded the opportunity to conduct such
inspection, investigation and study on and of the Fixed Assets and the Real
Property as it deems necessary for the purpose of acquiring the Fixed Assets and
the Real Property for the Purchaser's intended use. On and after the Closing
Date, the Purchaser

                                       18

<PAGE>

hereby waives any and all objections to or claims with respect to any and all
physical characteristics and existing conditions of the Fixed Assets and the
Real Property. The Purchaser further acknowledges and agrees that the Fixed
Assets and the Real Property are to be transferred, assigned, sold and conveyed
to, and purchased and accepted by, the Purchaser in their present condition "AS
IS, WHERE IS" and without any representations or warranties other than as
expressly stated in this Agreement.

         2.18     Customers.

                  (a)      Immediately following the Closing, the Purchaser
                           shall take all actions necessary to effectuate its
                           succession to and purchase and assumption of the
                           Assets and the Assumed Liabilities; provided,
                           however, that the Purchaser understands and agrees
                           that the Seller does not make in this Agreement, and
                           has not otherwise made, any representation, warranty,
                           covenant, agreement or assurance that any of the
                           customers attributed to the Fulton Division will
                           become or continue to be customers of the Purchaser,
                           the same being at the sole discretion of such
                           customers.

                  (b)      The Purchaser understands and agrees that the Seller
                           does not make in this Agreement, and has not
                           otherwise made, any representation, warranty,
                           covenant, agreement or assurance with respect to or
                           relating in any manner to the credit risk or
                           creditworthiness of any obligor or guarantor under,
                           or the collectibility of, any of the Loans or the
                           value of any collateral, chattel or asset securing
                           any of the Loans.

         2.19     Conduct of Business Pending Closing Date.  From the date of
this Agreement and until the earlier of the Closing Date or the termination of
 this Agreement, the Seller shall:

                  (a)      conduct business, including the pricing of Deposit
                           Liabilities, at the Fulton Division in the ordinary
                           course substantially in the manner as conducted on
                           the date of this Agreement, except for activities or
                           transactions contemplated by this Agreement;

                  (b)      not take any action or fail to take any action
                           outside of the ordinary course of business which will
                           materially and adversely affect the business
                           relationship of the customers attributed to the
                           Fulton Division with the Seller;

                  (c)      except as set forth in Exhibit 2.19 hereto, not grant
                           any increase in pay or benefits to any of the
                           Employees of the Fulton Division;

                  (d)      not enter into any employment, severance or similar
                           agreement with any of the Employees of the Fulton
                           Division;

                  (e)      not hire any new employees at the Fulton Division or
                           transfer any employees to the Fulton Division (i)
                           except as is reasonably necessary in

                                       19

<PAGE>

                           the Seller's business judgment to operate the Fulton
                           Division, or (ii) otherwise with the prior written
                           consent of the Purchaser; and

                  (f)      continue to have the right and ability to terminate,
                           with or without cause, any Employees of the Seller
                           assigned to the Fulton Division prior to the Closing
                           Date.

         2.20     Title Matters.

                  (a)      The Seller, at its sole expense, shall deliver to the
                           Purchaser not later than thirty (30) days after the
                           date hereof, with respect to the Real Property,
                           commitments for issuance of ALTA Owner's Policies of
                           Title Insurance (collectively, the "Title
                           Commitments" and individually, a "Title Commitment")
                           dated subsequent to the date of this Agreement but
                           prior to the Closing Date in the amount of One
                           Million Dollars ($1,000,000) and issued by a title
                           company authorized to do business in the Commonwealth
                           of Kentucky.

                  (b)      Within ten (10) days after receipt by the Purchaser
                           of a Title Commitment, the Purchaser shall be
                           entitled to give the Seller written notice of any
                           defect disclosed in such Title Commitment that (i) is
                           not included in the standard pre-printed exceptions
                           specifically identified on the Title Commitment, (ii)
                           is not an easement, right-of-way or restriction of
                           record, if any, (iii) does not constitute unpaid
                           taxes, assessments or charges not yet delinquent,
                           (iv) materially and adversely affects the business of
                           the Fulton Division situated upon such Real Property,
                           or (v) is not reasonably approved by the Purchaser.

                  (c)      If the notice referred to in (b) above is timely
                           given by the Purchaser, the Seller shall, within ten
                           (10) days of such notice, notify the Purchaser as to
                           whether the Seller shall cure or remove any defect.
                           If the Seller provides notice to the Purchaser that
                           the Seller elects not to cure or remove any such
                           defect, then the Seller and the Purchaser shall
                           attempt to renegotiate the terms and conditions of
                           the purchase of the affected Real Property. In the
                           event the Seller and the Purchaser are unable to
                           renegotiate such terms and conditions within fifteen
                           (15) days following the Purchaser's receipt of the
                           Seller's notice that the Seller shall not cure or
                           remove such defect, either the Purchaser or the
                           Seller may terminate this Agreement as to the
                           affected Fulton Division and the Real Property,
                           Assets and Assumed Liabilities related thereto.

                  (d)      The Seller shall cause the title company to update
                           the Title Commitments as of the business day prior to
                           the Closing Date. In the event that the updated Title
                           Commitment as to any Real Property discloses any
                           defect not included in the original Title Commitment,
                           the procedure set forth in (b) and (c) above shall
                           apply.

                                       20

<PAGE>

         2.21     Covenant Not to Compete and Agreement with Respect to Seller
Solicitations. Seller hereby covenants and agrees that following the
consummation of this transaction and for a period of three (3) years thereafter,
neither it nor any of its affiliates will (a) open a de-novo branch, operate,
control or otherwise have an interest in any financial institution, branch or
similar facility that has a place of business within a twenty-five (25) mile
radius of the Branches (the "Restricted Area") or (b) establish an electronic
funds transfer terminal, of any type or description, within the Restricted Area.
Provided, however, that the foregoing shall not be applicable to locations in
which the Seller is currently operating a banking facility, other than the
Branches. Nor shall it, in any way, prevent the Seller from merging with another
financial institution which operates a banking facility within the Restricted
Area or relocating any current branch within the Restricted Area. Seller further
agrees that from the date of this Agreement and for a period of one (1) year
following the Closing Date, the Seller shall not specifically solicit persons or
entities who are customers attributed to the Fulton Division on the Closing
Date; provided, however, that the Seller shall not be restricted or prohibited
from engaging in or using general mass mailings, telemarketing programs,
newspaper, radio, television or print advertisements, the internet, the Seller's
web site, electronic advertisements or communications and other types of
communications that are directed to the general public, to existing or potential
customers of the Seller generally or to persons defined by criteria other than
solely their status as loan or deposit customers attributed to a Branch; and
provided further, however, that this covenant shall not prohibit or restrict the
Seller from soliciting or servicing persons, entities or customers (including
loan and deposit customers attributed to the Fulton Division) with respect to
any products, services, activities or relationships specifically excluded from
the transactions contemplated hereby, including, without limitation, the
products, services, activities or relationships referenced in Sections 1.4(c)
and (d) of this Agreement.

         2.22     Future Filings and Recordings. Following the Closing, the
Purchaser shall, at its sole cost and expense, promptly make all filings and
recordings with and otherwise take all other actions with respect to all
governmental agencies or authorities and recorder's offices required by law or
as the Purchaser may deem necessary or advisable to reflect its purchase of the
Assets and assumption of the Assumed Liabilities and to reflect the Purchaser as
the holder of all promissory notes and the secured party with respect to all
liens, security interests, mortgages, certificates of title and other loan
documents relating to the Loans.

         2.23     Certain Withholdings. On or before the Closing Date, the
Seller shall deliver to the Purchaser a list of all customers who have received
"B" or "C" notices issued by the Internal Revenue Service (the "IRS") relating
to the Deposit Liabilities. On and after the Closing Date, the Seller shall
promptly deliver to the Purchaser (a) any and all similar notices regarding the
Deposit Liabilities received from the IRS, and (b) all notices received from the
IRS releasing any governmental agency restrictions on such Deposit Liabilities.
Any amounts required by any governmental agency to be withheld from any Deposit
Liabilities (the "Withholding Obligations") and any related penalties imposed by
any governmental agency will be handled as follows:

                  (a)      Any Withholding Obligation required to be remitted to
                           the appropriate governmental agency on or prior to
                           the Closing Date shall be withheld and

                                       21

<PAGE>

                           remitted by the Seller, and any other Withholding
                           Obligation withheld by the Seller prior to the
                           Closing Date also shall be remitted by the Seller to
                           the appropriate governmental agency on or prior to
                           the time due;

                  (b)      Any Withholding Obligation required to be remitted to
                           the appropriate governmental agency after the Closing
                           Date and not withheld as set forth in Section 2.23(a)
                           above shall be withheld and remitted by the Purchaser
                           on or prior to the time such Withholding Obligation
                           is due. Within five (5) days of receipt of any such
                           notice by the Seller, the Seller shall notify the
                           Purchaser, and the Purchaser shall comply with the
                           applicable notification requirements;

                  (c)      Any penalties described on "B" notices from the IRS
                           or any similar penalties which relate to the Deposit
                           Liabilities shall be paid by the Seller promptly upon
                           receipt of the notice, providing such penalty
                           assessment resulted from the Seller's acts, policies
                           or omissions prior to the Closing Date and any
                           efforts to reduce such penalties shall be the
                           responsibility of the Seller; and

                  (d)      Any penalties assessed due to information missing
                           from information filings regarding the Deposit
                           Liabilities which were due prior to the Closing Date,
                           including without limitation 1099 forms, shall be
                           paid by the Seller promptly upon receipt of the
                           notice providing such penalty assessments resulting
                           from the Seller's acts, policies or omissions, and
                           any efforts to reduce such penalties shall be the
                           responsibility of the Seller.

                                   ARTICLE III

                  REPRESENTATIONS AND WARRANTIES OF THE SELLER
                  --------------------------------------------

         As an inducement to cause the Purchaser to enter into this Agreement,
the Seller hereby represents and warrants to the Purchaser as follows, which
representations and warranties shall not survive the Closing:

         3.1      Corporate Organization. The Seller is a national banking
association duly organized, validly existing and in good standing under the laws
of the United States of America having its principal office in Evansville,
Indiana. The Seller has the power and authority to (a) own the Assets and hold
the Deposit Liabilities, (b) carry on its business at the Fulton Division as
presently conducted, (c) execute, deliver and perform this Agreement, and (d)
effect the transactions contemplated hereby.

         3.2      Fall & Fall Insurance. Fall & Fall Insurance is a corporation
duly organized, validly existing and in good standing under the laws of the
Commonwealth of Kentucky having its principal office in Fulton, Kentucky.  The
authorized capital stock of Fall & Fall Insurance

                                       22

<PAGE>

consists of ten thousand (10,000) shares, no par value, of which 100 shares are
duly authorized and validly issued, outstanding, fully paid, non-assessable and
owned by the Seller. There are no outstanding options, warrants or agreements of
any kind for the issuance or sale of, or outstanding securities convertible
into, any shares of capital stock of any class of Fall & Fall Insurance. At the
Closing, the Seller will have complete and unrestricted power to sell, convey,
assign, transfer and deliver such shares to the Purchaser. Upon delivery of such
shares to the Purchaser pursuant to this Agreement, the Purchaser will have
good, valid and marketable title to all the outstanding shares of capital stock
of Fall & Fall Insurance, and such shares will be, when delivered, duly
authorized, validly issued, fully paid and non-assessable, and free and clear of
any and all liens, encumbrances, charges or claims. To the best of its knowledge
after due inquiry, the Seller does not know of any basis for the assertion
against Fall & Fall Insurance of any liability of any nature or in any amount
not disclosed in Exhibit 3.2.

         3.3      Authorization. The execution, delivery and performance of this
Agreement, and the other instruments, agreements and documents contemplated
hereby by the Seller, and the consummation by the Seller of the transactions
contemplated hereby and thereby, have been duly authorized by all necessary
corporate action on the part of the Seller. This Agreement, and all other
instruments, agreements and documents contemplated hereby executed and delivered
by the Seller, have been duly executed and delivered by the Seller and
constitute the valid and binding obligations of the Seller enforceable against
the Seller in accordance with their respective terms, subject to the provisions
of applicable bankruptcy, insolvency, fraudulent transfer, reorganization,
moratorium, receivership and conservatorship laws and all other laws relating to
or affecting the enforcement of creditors' rights generally, now or hereafter in
effect, and subject to public policy and general principles of equity.

         3.4      No Conflicts. Neither the execution, delivery or performance
by the Seller of this Agreement or any of the other instruments, agreements or
documents contemplated hereby nor the consummation by the Seller of the
transactions contemplated hereby or thereby, does or will (after the giving of
notice, the lapse of time or otherwise) violate, conflict with, result in a
breach of or result in a default under (a) the Articles of Association or
By-Laws of the Seller, (b) any provision of any promissory note, mortgage,
indenture, lease or agreement, or (c) any law, statute, rule or regulation or
any decree or order of any court or governmental authority other than in
connection with the Governmental Approvals. The Seller has received no notice
from any federal, state or other governmental agency indicating that such agency
would oppose or not grant or issue its consent or approval, if required, with
respect to the transactions contemplated hereby.

         3.5      No Litigation. Except for suits, actions or proceedings
involving the collection of delinquent accounts and garnishment proceedings in
the ordinary course of business, there are no suits, actions, proceedings,
arbitrations or mediations in any court or before any government agency or
authority, arbitration panel or mediator pending or, to the knowledge of the
Seller, threatened against or affecting the Assets or the Assumed Liabilities or
which would prevent consummation of the transactions contemplated by this
Agreement by the Seller.

         3.6      Assets.

                                       23

<PAGE>

                  (a)      The Seller has good and marketable title to the
                           Assets free and clear of all liens, security
                           interests and mortgages, other than (i) liens for
                           unpaid taxes, assessments and charges not yet
                           delinquent on the Real Property and the Fixed Assets,
                           (ii) liens required to be granted in connection with
                           repurchase or reverse repurchase agreements, (iii)
                           imperfections of title or other matters which do not
                           materially detract from the current value or present
                           use thereof, (iv) liens, security interests and
                           mortgages where the Seller is the secured party, and
                           (v) with respect to the Real Property, easements,
                           rights-of-way and other matters of record on the
                           Closing Date, liens and other matters disclosed in
                           the Title Commitments, zoning and land use laws and
                           matters that would be shown by a survey of the Real
                           Property. Except as contemplated by this Agreement,
                           the Seller has not sold, transferred, assigned or
                           pledged any of the Assets.

                  (b)      There is no condemnation proceeding pending or, to
                           the knowledge of the Seller, threatened which would
                           preclude or impair the use of the Real Property as
                           presently being used in the conduct of business of
                           the Fulton Division.

                  (c)      The Real Property and the Fixed Assets, taken as a
                           whole, are in good operating condition and repair,
                           giving consideration to their age and use and subject
                           to ordinary wear and tear, and will be received by
                           the Purchaser in "AS IS, WHERE IS" condition, with no
                           warranties or guarantees by the Seller as to
                           condition, future performance, fitness for a
                           particular purpose, merchantability or otherwise,
                           except those warranties related to title.

                  (d)      No notice of any violation of zoning laws, building
                           or fire codes or other laws, statutes, rules,
                           regulations, ordinances or codes relating to the
                           operation of the Fulton Division has been received by
                           the Seller.

         3.7      Loans.

                  (a)      The Seller is the sole owner of each of the Loans,
                           with no participation therein having been sold; none
                           of the Loans is pledged to a third party; the
                           principal balance and amount of accrued but unpaid
                           interest and fees of each of the Loans as shown on
                           the Seller's books and records as of the close of
                           business on the day immediately preceding the Closing
                           Date will be true and correct; and each of the Loans
                           (and all notes, other evidences of indebtedness,
                           mortgages, loan agreements and security agreements
                           associated therewith) are transferred to the
                           Purchaser hereunder without recourse and without any
                           representations or warranties as to the
                           collectibility of the Loans, the value of the
                           collateral securing the Loans or the creditworthiness
                           of any Obligors (as hereinafter defined) of any
                           Loans.

                                       24

<PAGE>

                  (b)      Each of the Loans was made in the ordinary course of
                           business and is accruing interest in accordance with
                           the respective terms thereof. To the knowledge of the
                           Seller, except as may otherwise be indicated in the
                           applicable Loan file, (i) each of the Loans is the
                           legal, valid and binding obligation of the obligor,
                           maker, co-maker, endorser or debtor (the "Obligors")
                           thereof, subject to applicable bankruptcy,
                           insolvency, fraudulent conveyance, reorganization,
                           moratorium, receivership and conservatorship laws and
                           all other laws relating to or affecting creditor's
                           rights generally and to public policy and general
                           principles of equity, (ii) each of the Loans is
                           evidenced by notes, agreements, mortgages or other
                           instruments which are legal, valid, binding and
                           enforceable in accordance their respective terms,
                           subject to applicable bankruptcy, insolvency,
                           fraudulent conveyance, reorganization, moratorium,
                           receivership and conservatorship laws and all other
                           laws relating to or affecting creditor's rights
                           generally and to public policy and general principles
                           of equity, and (iii) no valid and legal defense,
                           offset, counterclaim or set-off has been asserted
                           with respect to any of the Loans. The Seller may
                           transfer or assign each of the Loans to Buyer without
                           the approval or consent of any Obligor.

                  (c)      To the extent that a Loan is secured by a security
                           interest or mortgage naming the Seller as a secured
                           party or mortgagee, such security interest or
                           mortgage is legal, valid, binding and enforceable in
                           accordance its terms, subject to applicable
                           bankruptcy, insolvency, fraudulent conveyance,
                           reorganization, moratorium, receivership and
                           conservatorship laws and all other laws relating to
                           or affecting creditor's rights generally and to
                           public policy and general principles of equity.

         3.8      Deposits. The balance of each deposit account included in the
Deposit Liabilities as shown on the Seller's books and records as of the close
of business on the day immediately preceding the Closing Date will be true and
correct. All of the Deposit Liabilities are insured by the FDIC to the maximum
extent provided by law. The Seller has the right to transfer or assign each of
the Deposit Liabilities to the Purchaser, subject to any pledges, liens,
judgments, court orders and restrictions on transfer.

         3.9      Compliance with Laws. To the knowledge of the Seller after due
inquiry, the Seller has complied with all material laws, statutes, rules and
regulations applicable to the Real Property, the Fixed Assets, the Deposit
Liabilities and the Loans.

         3.10     No Brokers, Etc. The Seller has not employed or retained any
broker, or finder or investment banker or incurred any liability for any
brokerage, finder's, investment banker's or similar fees, commissions or
expenses in connection with this Agreement or the transactions contemplated
hereby other than Professional Bank Services, Inc. All fees, commissions,
compensation and expenses of Professional Bank Services, Inc. for its services
rendered to the Seller shall be paid by the Seller.

                                       25

<PAGE>

         3.11     Environmental Matters. The Real Property (a) currently is and
has in the past been owned and operated in compliance with all material
applicable laws, statutes, rules and regulations relating to hazardous
substances or materials and to the environment, and (b) currently is not and has
in the past not been contaminated such that any remediation is or has been
required by applicable law, statute, rule or regulation.

         3.12     Records and Documents. The records and documents to be
delivered to the Purchaser are and shall be sufficient to enable the Purchaser
to conduct a proper banking business with respect to the Branches.

                                   ARTICLE IV

                 REPRESENTATIONS AND WARRANTIES OF THE PURCHASER
                 -----------------------------------------------

         As an inducement to cause Seller to enter into this Agreement, the
Purchaser hereby represents and warrants to the Seller as follows, which
representations and warranties shall not survive the Closing:

         4.1      Corporate Organization. The Purchaser is a federal savings
bank duly organized, validly existing and in good standing under the laws of the
United States having its principal office in Hopkinsville, Kentucky. The
Purchaser has the power and authority to (a) own the Assets being acquired
hereunder and assume, perform, discharge and pay the Assumed Liabilities, (b)
operate the Branches, (c) execute, deliver and perform this Agreement, and (d)
effect the transactions contemplated hereby.

         4.2      Authorization. The execution and delivery of this Agreement,
and all other instruments, agreements and documents contemplated hereby, by the
Purchaser, and the consummation of the transactions contemplated hereby, have
been duly authorized by all necessary corporate action on the part of the
Purchaser. This Agreement, and all other instruments, agreements and documents
contemplated hereby executed and delivered by the Purchaser, have been duly
executed and delivered by the Purchaser and constitute the valid and binding
obligations of the Purchaser enforceable against the Purchaser in accordance
with their respective terms, subject to the provisions of applicable bankruptcy,
insolvency, fraudulent transfer, reorganization, moratorium, receivership and
conservatorship laws and all other laws relating to or affecting the enforcement
of creditors' rights generally, now or hereafter in effect, and subject to
public policy and general principles of equity.

         4.3      No Conflicts. Neither the execution, delivery or performance
by the Purchaser of this Agreement or any other instruments, agreements or
documents contemplated hereby nor the consummation by the Purchaser of the
transactions contemplated hereby or thereby does or will (after the giving of
notice, the lapse of time or otherwise) violate, conflict with, result in a
breach of or result in a default under (a) the Federal Stock Charter or Bylaws
of the Purchaser, (b) any provision of any promissory note, mortgage, indenture,
lease or agreement, or (c) any law, statute, rule or regulation or any decree or
order of any court or governmental authority once the Governmental Approvals are
obtained. No approval, authorization or consent of any third party

                                       26

<PAGE>

(other than the regulatory approvals and consents referred to in Section 5.5
hereof) is necessary to enable the Purchaser to purchase the Assets and assume
the Assumed Liabilities as contemplated by this Agreement or to enable the
Purchaser otherwise to perform its obligations hereunder.

         4.4      No Litigation. There are no suits, actions, proceedings,
arbitrations or mediations in any court or before any government agency or
authority, arbitration panel or mediator pending or, to the knowledge of the
Purchaser, threatened against or affecting the Purchaser which would prevent
consummation of the transactions contemplated by this Agreement by the
Purchaser.

         4.5      Regulatory Matters. The Purchaser has received no notice or
communication from any state or federal banking regulatory agency or authority
indicating that such agency or authority would, and the Purchaser has no reason
to believe any such agency or authority would, object to, or withhold any
approval or consent necessary for, the consummation by the Purchaser of the
transactions contemplated hereby. As of the date of this Agreement, there is no
pending or, to the best of the Purchaser's knowledge, threatened legal or
governmental proceedings against the Purchaser or any affiliate of the Purchaser
that would affect the Purchaser's ability to obtain the regulatory approvals
required in order to consummate the transactions contemplated hereby.

         4.6      No Brokers, Etc. The Purchaser has not employed or retained
any broker, finder or investment banker or incurred any liability for any
brokerage, finder's, investment banker's or similar fees, commissions or
expenses in connection with this Agreement or the transactions contemplated
hereby other than Feldman Financial Advisors, Inc. All fees, commissions,
compensation and expenses of Feldman Financial Advisors, Inc. for its services
rendered to the Purchaser shall be paid by the Purchaser.

         4.7      Pro Forma Capital Requirements. The Purchaser is and, on a pro
forma basis giving effect to the transactions and the financing/capital
injection contemplated by the Purchaser, will be (a) at least "adequately
capitalized", as defined for purposes of the Federal Deposit Insurance Act, and
(b) in compliance with all capital requirements, standards and ratios required
by each state or federal regulator with jurisdiction over the Purchaser,
including, without limitation, any such higher requirement, standard or ratio as
shall apply to institutions engaging in the acquisition of insured institution
deposits, assets or branches, and no such regulator is likely to, or has
indicated that it will, condition any of the Government Approvals upon an
increase in the Purchaser's capital or compliance with any capital requirement,
standard or ratio.

         4.8      Antitrust. The Purchaser has no knowledge that it will be
required to divest deposit liabilities, branches, loans or any business or line
of business as a condition to the receipt of any of the Government Approvals.

         4.9      CRA Rating.  Each of the subsidiaries or affiliates of the
Purchaser that is an insured depository institution was rated "Satisfactory" or
"Outstanding" following its most recent Community Reinvestment Act examination
by the regulator responsible for its

                                       27

<PAGE>

supervision. The Purchaser has received no notice of and has no knowledge of any
planned or threatened objection by any community group to the transactions
contemplated hereby.

         4.10     Financing Available. Not later than the Closing Date, the
Purchaser shall have available sufficient cash or other liquid assets or
financing pursuant to binding agreements or commitments which may be used to
fund the transactions contemplated hereby. The Purchaser's ability to consummate
the transactions contemplated hereby is not contingent upon raising any equity
capital, obtaining specific financing therefor, obtaining the consent of any
lender or any other matter.

         4.11     Operation of the Branches. Following the Closing, the
Purchaser intends to continue to provide retail and business banking services in
the geographical area served by the Branches.

                                    ARTICLE V

                       CONDITIONS TO SELLER'S OBLIGATIONS

         The obligation of the Seller to consummate the transactions
contemplated by this Agreement are conditioned upon the satisfaction, on or
before the Closing Date, of each of the following conditions (all or any of
which may be waived in whole or in part by the Seller, except for the conditions
in Section 5.5, which cannot or will not be waived by the Seller):

         5.1      Representations and Warranties True. The representations and
warranties made by the Purchaser in this Agreement shall be true, complete and
correct in all material respects on and as of the Closing Date as though such
representations and warranties were made on and as of such date.

         5.2      Covenants Performed. The Purchaser shall have performed and
complied in all material respects with all obligations, covenants and agreements
required by this Agreement to be performed or complied with by it on or prior to
the Closing Date.

         5.3      No Adverse Litigation. No claim, action, suit or proceeding
shall be pending or threatened against the Purchaser or the Seller as of the
Closing Date which might reasonably be expected to (a) materially and adversely
affect the Branches, the Assets or the Assumed Liabilities, or (b) materially
and adversely affect the transactions contemplated by this Agreement.

         5.4      Officer's Certificate.  The Purchaser shall have delivered to
the Seller a certificate of its President and Chief Executive Officer, dated as
of the Closing Date, certifying to the satisfaction of each of the foregoing
conditions.

         5.5      Regulatory Approvals.  The Purchaser shall have received from
the appropriate regulatory authorities all Governmental Approvals relating to
(a) the transactions contemplated by this Agreement, and (b) the operation of
the Branches by the Purchaser. The Seller shall not have been notified by any
regulatory authority that the discontinued operation of the Fulton

                                       28

<PAGE>

Division by the Seller would be a violation of any law, statute, rule or
regulation or any policy of any governmental authority.

         5.6      Closing Documents. The Purchaser shall have delivered to the
Seller, in form and substance reasonably satisfactory to the Seller, (a) an
Assignment and Assumption Agreement executed by the Purchaser pursuant to which
the Purchaser shall assume and fully and timely perform, discharge and pay the
Assumed Liabilities, (b) the receipt for the items in the safe deposit boxes
contemplated by Section 2.6 hereof, and (c) all other agreements, instruments
and documents executed by the Purchaser as are required by this Agreement to
consummate the transactions contemplated hereby.

         5.7      Board Resolutions. The Purchaser shall have delivered to the
Seller copies of the resolutions, certified by a duly authorized officer of the
Purchaser, duly adopted by the Purchaser's Board of Directors authorizing and
approving this Agreement and the agreements, instruments, documents and
transactions contemplated hereby.

         5.8      Related Agreements.  At or prior to the Closing, the Purchaser
shall have executed and delivered to the Seller all agreements, instruments,
documents and certificates contemplated by this Agreement required to be
executed and delivered by the Purchaser.

                                   ARTICLE VI

                      CONDITIONS TO PURCHASER'S OBLIGATIONS
                      -------------------------------------

         The obligation of the Purchaser to consummate the transactions
contemplated by this Agreement are conditioned upon the satisfaction, on or
before the Closing Date, of each of the following conditions (all or any of
which may be waived in whole or in part by the Purchaser, except for the
conditions in Section 6.5, which cannot be waived by the Purchaser):

         6.1      Representations and Warranties True. The representations and
warranties made by the Seller in this Agreement shall be true, complete and
correct in all material respects on and as of the Closing Date as though such
representations and warranties were made on such date.

         6.2      Covenants Performed. The Seller shall have performed and
complied in all material respects with all obligations, covenants and agreements
required by this Agreement to be performed or complied with by it on or prior to
the Closing Date.

         6.3      No Adverse Litigation. No claim, action, suit or proceeding
shall be pending or threatened against the Purchaser or the Seller as of the
Closing Date which might reasonably be expected to (a) materially and adversely
affect the Branches, the Assets or the Assumed Liabilities, or (b) materially
and adversely affect the transactions contemplated by this Agreement.

                                       29

<PAGE>

         6.4      Officer's Certificate.  The Seller shall have delivered to the
Purchaser a certificate of its Chairman, President or any Executive Vice
President, dated as of the Closing Date, certifying to the satisfaction of each
of the foregoing conditions.

         6.5      Regulatory Approvals. The Purchaser shall have received from
the appropriate regulatory authorities all Governmental Approvals relating to
(a) the transactions contemplated by this Agreement, and (b) the operation of
the Fulton Division by the Purchaser. The Seller shall not have been notified by
any regulatory authority that the discontinued operation of the Fulton Division
by the Seller would be a violation of any law, statute, rule or regulation or
any policy of any governmental authority.

         6.6      Closing Documents. The Seller shall have delivered to the
Purchaser, in form and substance reasonably satisfactory to the Purchaser, (a)
an Assignment and Assumption Agreement executed by the Seller pursuant to which
the Seller shall assign the Assumed Liabilities to the Purchaser, (b) a Bill of
Sale for the Fixed Assets, (c) Corporate Warranty Deeds for the Real Property,
and (d) all other agreements, instruments and documents executed by the Seller
as are required by this Agreement to consummate the transactions contemplated
hereby.

         6.7      Board Resolutions. The Seller shall have delivered to the
Purchaser copies of the resolutions, certified by a duly authorized officer of
the Seller, duly adopted by the Seller's Board of Directors authorizing and
approving this Agreement and the agreements, instruments, documents and
transactions contemplated hereby.

         6.8      Related Agreements.  At or prior to the Closing, the Seller
shall have executed and delivered to the Purchaser all agreements, instruments,
documents and certificates contemplated by this Agreement required to be
executed and delivered by the Seller.

         6.9      Data Processing Systems.  Prior to the Closing, the Purchaser
shall have received assurance that its data processing systems are capable of
receiving the Assets and the Deposit Liabilities on the Closing Date.

                                   ARTICLE VII

                                   TERMINATION
                                   -----------

         7.1      Methods of Termination.  This Agreement and the transactions
contemplated hereby may be terminated in any one of the following ways:

                  (a)      at any time on or before the Closing Date by the
                           agreement in writing of the Purchaser and the Seller;

                  (b)      on the Closing Date by the Seller in writing if the
                           conditions set forth in Article V of this Agreement
                           shall not have been satisfied or waived in writing by
                           the Seller;

                                       30

<PAGE>

                  (c)      on the Closing Date by the Purchaser in writing if
                           the conditions set forth in Article VI of this
                           Agreement shall not have been satisfied or waived in
                           writing by the Purchaser;

                  (d)      at any time on or before the Closing Date by the
                           Purchaser or the Seller in writing if the other shall
                           have breached any of its respective representations
                           or warranties contained herein in any material
                           respect or any of its respective covenants,
                           agreements or obligations contained herein in any
                           material respect, and such breach has not been cured
                           by the earlier of (i) fifteen (15) days after the
                           giving of notice to the breaching party of such
                           breach, or (ii) the Closing Date; provided, however,
                           that neither party hereto may terminate this
                           Agreement on account of its own breach hereof;

                  (e)      by either the Seller or the Purchaser in writing at
                           any time after any of the regulatory authorities has
                           denied any application, notice or request of the
                           Purchaser for approval of the transactions
                           contemplated hereby or has imposed a condition or
                           requirement that is unacceptable to either party; or

                  (f)      by either the Seller or the Purchaser in writing if
                           the transactions contemplated hereby are not
                           consummated on or before September 30, 2002, unless
                           extended by a written agreement by the Seller and
                           Purchaser.

         7.2      Procedure Upon Termination. In the event of termination
pursuant to Section 7.1 hereof, this Agreement shall thereupon terminate and be
of no further force or effect immediately upon receipt of the written notice
required hereby or, in the case of Section 7.1(d), upon the passage of fifteen
(15) days following such notice if no cure of a breach has occurred. If this
Agreement is terminated as provided herein:

                  (a)      each party shall (and shall cause its respective
                           employees, agents and representatives to) return to
                           the party furnishing the same all information,
                           documents, work papers and other materials
                           (regardless of whether the same is in printed,
                           electronic or computerized form and including,
                           without limitation, all copies and summaries thereof)
                           of the other party or relating to the other party,
                           its customers or employees or the transactions
                           contemplated hereby, whether obtained before or after
                           the execution hereof, and

                  (b)      all information received by either party hereto with
                           respect to the business, operations and customers of
                           the other party (except information which is
                           available to the public or which has heretofore been
                           or is hereafter filed as public information with any
                           governmental authority, other than through a breach
                           of this Agreement) shall not at any time be used for
                           any business purpose by such party or disclosed by
                           such party to any other person or entity.

                                       31

<PAGE>

The requirements of this Section 7.2 shall be deemed to survive the termination
of this Agreement.

         7.3 Liabilities Upon Termination. In the event of the termination of
this Agreement pursuant to the terms and provisions hereof, neither party hereto
shall have any liability hereunder of any nature whatsoever to the other,
including, without limitation, any liability for monetary damages; provided,
however, that (a) the foregoing shall not preclude liability from attaching to a
party who has intentionally breached or violated any of the provisions hereof,
and (b) the termination of this Agreement shall not terminate or affect any of
the provisions contained in Article VIII hereof or the agreements of the parties
hereto with respect to confidentiality contained in Section 2.3 hereof and in
the Confidentiality Agreement.

                                                    ARTICLE VIII

INDEMNIFICATION

         8.1      The Purchaser's Indemnity.

                  (a)      The Purchaser hereby agrees to indemnify, save and
                           hold harmless the Seller and its affiliates and its
                           and their directors, officers, employees and agents
                           from and against any and all claims, liabilities,
                           costs, expenses and obligations (including, without
                           limitation, reasonable costs and expenses of counsel)
                           arising out of or relating to (1) the Loans, the
                           other Assets and the Deposit Liabilities, the other
                           Assumed Liabilities and any and all liabilities,
                           obligations, requirements and duties with respect
                           thereto arising from activities conducted by the
                           Purchaser or its affiliates after the Closing Date,
                           (2) the conduct of business by the Purchaser at the
                           Branches after the Closing Date or (3) the breach of
                           any representation or warranty of the Purchaser
                           contained in this Agreement or the failure of the
                           Purchaser to comply with any of the terms of this
                           Agreement.

                  (b)      In the event that the Seller shall receive notice of
                           a claim subject to indemnification pursuant to the
                           preceding Section 8.1(a), the Seller shall notify the
                           Purchaser of such claim within thirty (30) business
                           days, and the Purchaser shall defend, discharge,
                           satisfy and/or settle such claim at the Purchaser's
                           sole cost and expense. In the event that the
                           Purchaser shall fail or refuse to defend, discharge,
                           satisfy or settle such claim, the Seller may defend,
                           discharge, satisfy or settle such claim and shall be
                           reimbursed by the Purchaser for any and all costs and
                           expenses (including, without limitation, reasonable
                           attorneys' fees) incurred by the Seller in respect of
                           such matter.

         8.2      Seller's Indemnity.

                  (a)      The Seller hereby agrees to indemnify, save and hold
                           harmless the

                                       32

<PAGE>

                           Purchaserand its affiliates and its and their
                           directors, officers, employees and agents from and
                           against any and all claims, liabilities, costs,
                           expenses and obligations (including, without
                           limitation, reasonable costs and expenses of counsel)
                           arising out of or relating to (1) the Loans, the
                           other Assets, the Deposit Liabilities, the other
                           Assumed Liabilities and any and all liabilities,
                           obligations, requirements and duties of the Seller
                           with respect thereto arising from activities
                           conducted by the Seller or its affiliates on or prior
                           to the Closing Date, (2) the conduct of business by
                           the Seller at the Branches on or prior to the Closing
                           Date or (3) the breach of any representation or
                           warranty of the Seller contained in this Agreement or
                           the failure of the Seller to comply with any of the
                           terms of this Agreement.

                  (b)      In the event that the Purchaser shall receive notice
                           of a claim subject to indemnification pursuant to the
                           preceding Section 8.2(a), the Purchaser shall notify
                           the Seller of such claim within thirty (30) business
                           days, and the Seller shall defend, discharge, satisfy
                           and/or settle such claim at the Seller's sole cost
                           and expense. In the event that the Seller shall fail
                           or refuse to defend, discharge, satisfy or settle
                           such claim, the Purchaser may defend, discharge,
                           satisfy or settle such claim and shall be reimbursed
                           by the Seller for any and all costs and expenses
                           (including, without limitation, reasonable attorneys'
                           fees) incurred by the Purchaser in respect to such
                           matter.

         8.3      Duration of Indemnity Obligation.  The respective indemnity
obligations of Purchaser and Seller under this Agreement shall expire and
terminate one (1) year following the Closing Date.

         8.4      Minimum Claims. The Purchaser and its affiliates on the one
hand and the Seller and its affiliates on the other hand shall be entitled to
seek indemnification of the other party hereunder only when, and only with
respect to amounts by which, the aggregate of all such claims of the Purchaser
or the Seller and/or their respective affiliates exceeds $25,000. At such time,
if any, as the aggregate claim of either party exceeds $25,000, such party shall
have the right to seek indemnification from the other party for the excess .

                                   ARTICLE IX

                                  MISCELLANEOUS
                                  -------------

         9.1      Entire Agreement. This Agreement, the Exhibits hereto, the
Confidentiality Agreement and the instruments, agreements, certificates and
documents contemplated hereby supersede all other prior or contemporaneous
understandings, commitments, representations, negotiations, discussions and
agreements, whether oral or written or express or implied, between the parties
hereto relating to the matters contemplated hereby and constitute the entire
agreement between the parties hereto relating to the transactions contemplated
hereby.

                                       33

<PAGE>

         9.2      Binding Effect; Assignment. This Agreement shall be binding
upon and inure to the benefit of the parties hereto and their respective
successors and assigns; provided, however, that neither party may assign this
Agreement without the prior written consent of the other party, except that no
consent shall be required if this Agreement is assigned to any affiliate of
either party or is assigned by operation of law pursuant to a statutory merger
or share exchange involving either party.

         9.3      Amendment and Modification. The parties hereto may amend,
modify or supplement this Agreement only by an agreement in writing executed by
the Seller and the Purchaser.

         9.4      Waiver or Extension. Either party hereto may by an instrument
in writing waive the performance by the other of any of the covenants or
agreements to be performed by such other party under this Agreement; provided,
however, that neither party may waive the requirement for obtaining the
Governmental Approvals. The failure of either party hereto at any time to insist
upon the strict performance of any covenant, agreement or provision of this
Agreement shall not be construed as a waiver or relinquishment of the right to
insist upon strict performance of such covenant, agreement or provision at a
future time. The waiver by any party hereto of a breach of or noncompliance with
any provision of this Agreement shall not operate or be construed as a
continuing waiver or a waiver of any other or subsequent breach or noncompliance
hereunder.

         9.5      Payment of Expenses. Except as otherwise expressly provided in
this Agreement, each party hereto shall bear and pay all costs and expenses
incurred by it or on its behalf in connection with this Agreement and the
transactions contemplated hereunder. Except as otherwise expressly provided
herein, all expenses, fees and costs (including, without limitation, filing
fees) necessary for any Government Approvals or for any notice to depositors of
the assumption of the Deposit Liabilities or to customers of the purchase of the
Loans shall be paid by the Purchaser.

         9.6      Notices. All notices, requests and other communications
hereunder shall be in writing (which shall include facsimile communication) and
shall be deemed to have been duly given if (a) delivered by hand and receipted
for, (b) sent by certified United States Mail, return receipt requested, first
class postage pre-paid, (c) delivered by receipted overnight delivery service or
(d) delivered by facsimile transmission if such fax is confirmed immediately
thereafter by also mailing a copy of such notice, request or other communication
by certified United States Mail, return receipt requested, first class postage
pre-paid, as follows:

    If to the Seller to:                        with a copy to (which shall not
                                                constitute notice):

    Jeffrey L. Knight, Esq.                     Nicholas J. Chulos, Esq.
    Senior Vice President,                      Krieg DeVault, LLP
    Corporate Secretary and General Counsel     One Indiana Square, Suite 2800

                                       34

<PAGE>

    Old National Bancorp                        Indianapolis, Indiana 46204-2017
    420 Main Street                             ATTN:  Nicholas J. Chulos, Esq.
    Evansville, Indiana  47708                  Telephone:  (317) 238-6224
    Telephone:  (812) 464-1363                  Facsimile:  (317) 636-1507
    Facsimile:  (812) 464-1567

    If to the Purchaser to:                     with a copy to (which shall not
                                                constitute notice):

    John E. Peck                                Edward B. Crosland, Jr., Esq.
    President and Chief Executive Officer       Cozen O'Connor
    Hopkinsville Federal Bank                   1667 K Street, N.W., Suite 500
    2700 Fort Campbell Boulevard                Washington, D.C.  20006
    Hopkinsville, Kentucky  42240
    Telephone:  (270) 885-1171                  Telephone:  (202) 912-4800
    Facsimile:   (270) 889-0313                 Facsimile:   (202) 912-4830

or such substituted address or person as either party has given to the other in
writing.

         All such notices, requests and other communications shall be effective
(a) if delivered by hand, when delivered, (b) if mailed in the manner provided
herein, two (2) business days after deposit with the United States Postal
Service, (c) if delivered by overnight express delivery service, on the next
business day after deposit with such service, and (d) if by facsimile
transmission, on the date indicated on the fax confirmation page of the sender
if such fax also is confirmed by mail in the manner provided herein.

         9.7      Counterparts. This Agreement may be executed in any number of
counterparts, each of which shall be an original, but such counterparts shall
together constitute one and the same agreement.

         9.8      Headings. The headings and defined terms in this Agreement
have been inserted and used solely for ease of reference and shall not be
considered in the interpretation, construction or enforcement of this Agreement.

         9.9      Governing Law. This Agreement (including, without limitation,
any and all demands, controversies, claims, actions, causes of action, suits,
proceedings and litigation between or among the parties hereto arising out of or
relating to this Agreement or its breach, the construction of its terms or the
interpretation of the rights and duties of the parties) shall be governed by and
construed in accordance with the laws of the State of Indiana, without giving
effect to any choice or conflict of law provisions, principles or rules (whether
of the State of

                                       35

<PAGE>

Indiana or any other jurisdiction) that would cause the application of any laws
of any jurisdiction other than the State of Indiana.

         9.10     Severability. In case any one or more of the provisions (or
any portion thereof) contained herein shall, for any reason, be held to be
invalid, illegal or unenforceable in any respect, such invalidity, illegality or
unenforceability shall not affect any other provision of this Agreement, but
this Agreement shall be construed as if such invalid, illegal or unenforceable
provision or provisions (or portion thereof) had never been contained herein.

         9.11     No Third-Party Rights. Nothing in this Agreement, expressed or
implied, is intended to confer upon any person or entity, other than the parties
hereto, or their respective permitted successors and assigns, any rights,
remedies, obligations or liabilities under or by reason of this Agreement.

         9.12     Construction. This Agreement is the product of negotiation by
both parties hereto and shall be deemed to have been drafted by both parties
hereto. This Agreement shall be construed in accordance with the fair meaning of
its provisions and its language shall not be strictly construed against, nor
shall ambiguities be resolved against, either party.

         9.13     Certain References. Whenever in this Agreement a singular word
is used, it also shall include the plural wherever required by the context and
vice-versa. All references to the masculine, feminine or neuter genders herein
shall include any other gender, as the context requires.

         9.14     Exhibits.  The exhibits attached hereto are incorporated into
and made a part of this Agreement.

         9.15     Facsimile. This Agreement may be executed and delivered by
either hereto party by facsimile transmission. For purposes of this Agreement,
any signature page signed and transmitted by facsimile machine or telecopier
shall be treated as an original document, and the signature of either party
thereon, for purposes hereof, shall be considered as an original signature and
the document transmitted shall be considered to have the same binding effect as
an original signature on an original document. Neither party may raise the use
of a facsimile machine or telecopier or the fact that any signature was
transmitted through the use of a facsimile machine or telecopier in accordance
with this Section as a defense to the enforcement of this Agreement, any
amendment hereto or any other document contemplated hereby.

         9.16     Limitation on Damages. Notwithstanding anything in this
Agreement to the contrary, in no event shall either party hereto be entitled to
recover from the other party hereto special, punitive, incidental or
consequential damages (including without limitation damages based upon lost
profits or lost business opportunities) arising out of or relating to a breach
by such other parties of any of its representations, warranties, covenants or
obligations under this Agreement, even if the party in breach has been advised
of the possibility of such damages.

         9.17     Survival of Representations, Warranties and Covenants.  All
representations and warranties of the Seller and the Purchaser, respectively,
contained in this Agreement shall not

                                       36

<PAGE>

survive the Closing and shall terminate and cease to be of any force or effect
as of the Closing, and thereafter no party shall have any liability to the other
with respect thereto. All covenants, obligations, agreements, understandings and
acknowledgments of the Seller and the Purchaser, respectively, contained in this
Agreement or in any certificate, instrument or other agreement or document
contemplated hereby shall survive the Closing and shall continue to be in full
force and effect following the Closing in accordance with this Agreement and any
such certificate, instrument or other agreement or document.

         9.18     Definition of "Affiliates". For purposes of this Agreement,
the term "affiliate" or "affiliates" shall mean with respect to the Seller or
the Purchaser, as required by the context, any and all (a) direct and indirect
parent corporations and subsidiaries of the Seller or the Purchaser, (b) direct
and indirect subsidiaries of the Seller's or the Purchaser's parent corporation,
and (c) entities controlled by or controlling the Seller or the Purchaser.

                                   *   *   *

                                       37

<PAGE>

         IN WITNESS WHEREOF, the parties hereto have made, entered into,
executed and delivered this Agreement as of the day and year first above
written.

                                          OLD NATIONAL BANK

                                          By:
                                               ---------------------------------

                                          Name & Title:
                                                        ------------------------

ATTEST:

By:
   -----------------------------------
       Jeffrey L. Knight
       Senior Vice President, Corporate
       Secretary and General Counsel

                                          HOPKINSVILLE FEDERAL BANK

                                          By:
                                            ------------------------------------
                                          John E. Peck
                                          President and Chief Executive Officer

ATTEST:

By:
   -----------------------------------
       Billy C. Duvall
       Vice President, Chief Financial
       Officer and Treasurer

                                       38<PAGE>

                                                                     Exhibit 4.2

                               TREX COMPANY, INC.
                      1999 Stock Option and Incentive Plan
                      Non-Incentive Stock Option Agreement

Grant Date:                             Stock Option Exercise Price:
Last Date to Exercise:

Number of Shares of Common Stock
Covered by Grant of Options:

We are pleased to inform you that the Board of Directors has granted you an
option to purchase Trex Company, Inc. common stock. Your grant has been made
under the Company's 1999 Stock Option and Incentive Plan (the "Plan"), which,
together with the terms contained in this Agreement, sets forth the terms and
conditions of your grant and is incorporated herein by reference. If any
provisions of the Agreement should appear to be inconsistent with the Plan, the
Plan will control.

                                This stock option grant has been executed
                                and delivered as of             on
                                                    -----------
                                behalf of Trex Company, Inc.

                                -----------------------------------------
                                Robert G. Matheny
                                President

ACCEPTED AND AGREED TO:

----------------------
    Employee Name

          This is not a stock certificate or a negotiable instrument.
Transferable only pursuant to Section 11.2 of the Plan.

<PAGE>

1. Vesting:
Subject to the terms of the Plan, the Option becomes vested as to 25% of the
shares of Stock purchasable pursuant to the Option on the first anniversary of
the date of grant of the Option, if Optionee has been providing services to the
Company or a Subsidiary continuously from the Optionee's date of grant to the
first anniversary of the date of grant (the "Anniversary Date") and, so long as
continuous provision of services has not been interrupted, the Option becomes
vested as to an additional 25% of the shares of Stock subject to the Option on
each of the next three (3) Anniversary Dates.

2. Exercise:
You may exercise this Option, in whole or in part, to purchase a whole number of
vested shares at any time of not less than 100 shares, unless the number of
shares purchased is the total number available for purchase under the Option, by
following the exercise procedures as set forth in the Plan. All exercises must
take place before the last Date to Exercise, or such earlier date following your
death, disability or your ceasing to provide services as described below under
"Service Requirements." The number of shares you may purchase as of any date
cannot exceed the total number of shares vested by that date, less any shares
you have previously acquired by exercising this Option.

3. Service Requirements:
If your services terminate, all further vesting of shares under this grant
stops, and all unvested shares are canceled. You will have ninety (90) days
after your provision of services ceases to exercise your vested options (unless
your services are terminated for "Cause"), and in the event of your death or
permanent and total disability you or your estate will have a period of one year
to exercise any options, whether or not any such option was otherwise
exercisable at the time of your death or permanent and total disability. Your
Option will terminate upon termination of your services for "Cause." Cause
means, as determined by the Board, (i) gross negligence or willful misconduct in
connection with the performance of duties; (ii) conviction of a criminal offense
(other than minor traffic offenses); or (iii) material breach of any term of any
employment, consulting or other services, confidentiality, intellectual property
or non-competition agreements, if any, between Optionee and the Company or any
of its Affiliates. If the Company enters into a transaction which would result
in the Plan being terminated in accordance with Section 18.2 of the Plan, the
Option may be exercised, in whole or in part, during the fifteen-day period
occurring before such termination as the Board in its sole discretion shall
determine and designate, and in any event immediately before the occurrence of
such termination, whether or not such Option was otherwise exercisable at the
time such termination occurs, such exercise being contingent on the transaction
occurring.

4. Taxes and Withholding:
This Option shall not constitute an incentive stock option within the meaning of
Section 422 of the Internal Revenue Code of 1986, as amended. In the event that
the Company determines that any federal, state, local or foreign tax or
withholding payment is required relating to the exercise or sale of shares
arising from this grant, the Company shall have the right to require such
payments from you, or withhold such amounts from other payments due to you from
the Company, a Subsidiary or an Affiliate.

5. Transferability:
The Option may be transferred in a manner consistent with Section 11.2 of the
Plan.

6. Non-Competition With the Company:

   Covenants of the Optionee. By accepting the benefits of this Agreement, the
Optionee acknowledges that (i) the principal business of the Company is the
manufacturing and sale of wood-plastic composite lumber (the "Present
Business"); (ii) the Optionee constitutes one of a limited number of persons who
have developed the Present Business; (iii) the Optionee's work for the Company
has given and will continue to give the Optionee access to the confidential
affairs and proprietary information of the Company not readily available to the
public; and (iv) the agreements and covenants of the Optionee contained in this
Section 6 are essential to the business and goodwill of the Company.
Accordingly, in consideration of the benefits being provided by this Agreement,
the Optionee is subject to the agreements and covenants set forth in this
Section 6.

   Covenant Against Competition. While the Optionee is employed by the Company
and for a period of one (1) year after the termination of the Optionee's
employment with the Company for any reason (such period commencing on the date
hereof is hereinafter referred to as the "Restricted Period"), the Optionee
shall not, directly or indirectly, own, manage, operate, join or control, or
participate in the ownership, management, operation or control of, or be a
proprietor, director, officer, stockholder, member, partner or an employee or
agent of, or a consultant to any business, firm, corporation, partnership or
other entity which engages in (A) the Present

                                       1

<PAGE>

Business, or (B) any other principal line of business developed by the Company
after the date hereof but prior to the date of termination of Optionee's
employment with the Company (a "New Business") in any state of the United States
and Canada; provided, however, that the Optionee may own, directly or
indirectly, solely as an investment, securities of any business, firm,
corporation, partnership or other entity which are traded on any national
securities exchange or the Nasdaq National Market if the Optionee (A) is not a
controlling person of, or a member of a group which controls, such entity and
(B) does not, directly or indirectly, own 1% or more of any class of securities
of such entity.

   Confidential Information. From and after the date of this Agreement, the
Optionee shall not at any time, directly or indirectly, disclose to any person,
business, firm, corporation, partnership or other entity any confidential or
proprietary information concerning the Company, its business, its suppliers or
its customers. All information, whether written or otherwise, regarding the
Company's business, including, but not limited to, information regarding
customers, customer lists, costs, prices, earnings, systems, operating
procedures, prospective and executed contracts and other business arrangements,
and sources of supply are presumed to be confidential information of the Company
for purposes of this Agreement. The Optionee shall return to the Company all
books, records, lists and other written, typed or printed materials, whether
furnished by the Company or prepared by the Optionee, which contain any
information relating to the Company, its business, its suppliers or its
customers, promptly upon termination of the Optionee's service with the Company,
and the Optionee shall neither make nor retain any copies of such material
without the prior written consent of the Company.

   Cumulative Provisions. The covenants and agreements contained in this Section
   6 are independent of each other and are cumulative.

   Acknowledgments. By accepting the benefits this Agreement, the Optionee
acknowledges the broad scope of the covenants contained in this Section 6, but
agrees that such covenants are reasonable in light of the scope of the
Optionee's duties and knowledge of the Company. The Optionee further
acknowledges and agrees that the covenants contained in this Section 6 do not
unreasonably restrict his employment opportunities or unduly burden or deprive
the Optionee of a means of earning a livelihood.

   Remedies for Breach. By accepting the benefits of this Agreement, the
Optionee acknowledges and agrees that his obligations to the Company are unique
and that any breach or threatened breach of such obligations may result in
irreparable harm and substantial damages to the Company. Accordingly, in the
event of a breach or threatened breach by the Optionee of any of the provisions
of this Section 6, the Company shall have the right, in addition to exercising
any other remedies at law or equity which may be available to it under this
Agreement or otherwise, to obtain ex parte, preliminary, interlocutory,
                                  --------
temporary or permanent injunctive relief, specific performance and other
equitable remedies in any court of competent jurisdiction, to prevent the
Optionee from violating such provision or provisions or to prevent the
continuance of any violation thereof, together with an award or judgment for any
                                      -------------
and all damages, losses, liabilities, expenses and costs incurred by the Company
as a result of such breach or threatened breach including, but not limited to,
attorneys' fees incurred by the Company in connection with, or as a result of,
the enforcement of these covenants. The Optionee expressly waives any
requirement based on any statute, rule or procedure or other source that the
Company post a bond as a condition of obtaining any of the above-described
remedies. In addition to the foregoing remedies, if the Optionee should take
actions in competition with the Company, as specified in this Section 6, the
Company shall have the right to cause a forfeiture of the rights of the
Optionee, including, but not limited to, the right to cause the Optionee to
forfeit: (i) any outstanding Option, and (ii) any gain recognized by the
Optionee upon the exercise of an Option during the period commencing twelve (12)
months prior to the Optionee's termination of employment or other relationship
with the Company due to taking actions in competition with the Company and
ending twelve (12) months following such termination of employment or other
relationship.

   Divisibility. By accepting the benefits of this Agreement, the Optionee
agrees that the provisions of this Section 6 are divisible and separable so that
if any provision or provisions hereof shall be held to be unreasonable, unlawful
or unenforceable, such holding shall not impair the remaining provisions hereof.
If any provision hereof is held to be unreasonable, unlawful or unenforceable in
duration, geographical scope or character of restriction by any court of
competent jurisdiction, such provision shall be modified to the extent necessary
in order that any such provision or portion thereof shall be legally enforceable
to the fullest extent permitted by law, and the parties hereto do hereby
expressly authorize any court of competent jurisdiction to enforce any such
provision or portion thereof or to modify any such provision or portion thereof
in order that any such provision or portion thereof shall be enforced by such
court to the fullest extent permitted by applicable law.

                                       2

<PAGE>

   Definition of the Company. For the purposes of this Section 6 only, any
reference to the "Company" shall be deemed to include the Company, any division,
affiliate or subsidiary of the Company and any and all subsidiaries, divisions
or affiliates acquired or formed by any of such entities after the date hereof.

   Non-Integration. The provisions of this Section 6 shall be independent of any
similar provisions contained in any employment agreement, stock option agreement
or other agreement between an Optionee and the Company.

                                    * * * * *

                                       3

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