Document:

<PAGE>   1
                                                                   EXHIBIT 10.22

                                 TOM BROWN, INC.

                           DEFERRED COMPENSATION PLAN

                          EFFECTIVE AS OF MARCH 1, 2001

<PAGE>   2

                                 TOM BROWN, INC.
                           DEFERRED COMPENSATION PLAN

                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
<S>              <C>                                                                          <C>
ARTICLE I        GENERAL
Sec. 1.1         Name of Plan...............................................................  1
Sec. 1.2         Purpose....................................................................  1
Sec. 1.3         Effective Date.............................................................  1
Sec. 1.4         Company....................................................................  1
Sec. 1.5         Participating Employers....................................................  1
Sec. 1.6         Construction and Applicable Law............................................  1

ARTICLE II       DEFINITIONS
Sec. 2.1         Accounts...................................................................  1
Sec. 2.2         Beneficiary................................................................  2
Sec. 2.3         Board......................................................................  2
Sec. 2.4         Code.......................................................................  2
Sec. 2.5         Compensation...............................................................  2
Sec. 2.6         Employer Credits...........................................................  2
Sec. 2.7         ERISA......................................................................  2
Sec. 2.8         Investment Credits.........................................................  2
Sec. 2.9         Participant................................................................  3
Sec. 2.10        Plan Year..................................................................  3
Sec. 2.11        Qualified Employee.........................................................  3
Sec. 2.12        Retirement.................................................................  3
Sec. 2.13        Successor Employer.........................................................  3
Sec. 2.14        Termination of Employment..................................................  3
Sec. 2.15        Valuation Date.............................................................  4

ARTICLE III      PARTICIPATION
Sec. 3.1         Eligibility for Participation..............................................  4
Sec. 3.2         Duration of Participation..................................................  4
Sec. 3.3         No Guarantee of Employment.................................................  4

ARTICLE IV       DEFERRED COMPENSATION AND CREDITS TO ACCOUNTS
Sec. 4.1         Election to Defer Compensation.............................................  5
Sec. 4.2         Employer Credits...........................................................  6
Sec. 4.3         Investment Credits and Valuation of Accounts...............................  6
Sec. 4.4         Unsecured Obligations......................................................  8

ARTICLE V        DISTRIBUTION OF ACCOUNTS
Sec. 5.1         Distribution of Retirement Account upon Retirement.........................  8
Sec. 5.2         Distribution of Retirement Account following Other Termination
                 of Employment .............................................................  9
Sec. 5.3         Distributions from Fixed Period Account.................................... 10
Sec. 5.4         Distribution on Death...................................................... 10
Sec. 5.5         Beneficiary Designation.................................................... 10
Sec. 5.6         Distributions for Severe Financial Hardship................................ 11
Sec. 5.7         Payment of Small Benefits.................................................. 11
</TABLE>

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<TABLE>
<S>              <C>                                                                          <C>
Sec. 5.8         Modification of Elections for Tax Considerations........................... 11
Sec. 5.9         Withholding and Taxes...................................................... 11
Sec. 5.10        Distributions Following Change in Control.................................. 12

ARTICLE VI       ADMINISTRATION
Sec. 6.1         Administration By the Company.............................................. 13
Sec. 6.2         Claims Procedure........................................................... 13

ARTICLE VII      AMENDMENT AND TERMINATION
Sec. 7.1         Amendment.................................................................. 14
Sec. 7.2         Termination of Plan........................................................ 14

ARTICLE VIII     MISCELLANEOUS
Sec. 8.1         Benefits May Not Be Assigned or Alienated.................................. 14
Sec. 8.2         Incompetency............................................................... 14
Sec. 8.3         Notices.................................................................... 14
Sec. 8.4         Severability............................................................... 15
Sec. 8.5         Headings................................................................... 15
Sec. 8.6         Capitalized Definitions.................................................... 15
Sec. 8.7         Gender..................................................................... 15
Sec. 8.8         Use of Compounds of Word "Here"............................................ 15
Sec. 8.9         Construed as a Whole....................................................... 15
</TABLE>

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                                 TOM BROWN, INC.
                           DEFERRED COMPENSATION PLAN

                                    ARTICLE I

                                     GENERAL

            SEC. 1.1 NAME OF PLAN. The name of this plan is the "Tom Brown, Inc.
Deferred Compensation Plan" (referred to hereinafter as the "Plan").

            SEC. 1.2 PURPOSE. The Plan has been established to provide
additional future income to certain select management or highly compensated
employees through voluntary deferrals of Compensation.

            SEC. 1.3 EFFECTIVE DATE. The "Effective Date" of the Plan, the date
as of which the Plan was established, is March 1, 2001.

            SEC. 1.4 COMPANY. For purposes of this Plan, "Company" means Tom
Brown, Inc., a Delaware corporation, and any Successor Employer thereof.

            SEC. 1.5 PARTICIPATING EMPLOYERS. The Company is a "Participating
Employer" in the Plan. Each subsidiary or affiliate of the Company that employs
one or more Participants shall also be a Participating Employer. Each
Participating Employer shall pay the cost of the benefits to which a Participant
is entitled under the Plan attributable to service with that employer, and its
share of the other expenses of the Plan, in each case in such amounts as are
determined by the Company in its sole discretion. As of March 1, 2001, the only
other Participating Employer in the Plan is Retex Inc., a Wyoming corporation.

            SEC. 1.6 CONSTRUCTION AND APPLICABLE LAW. The Plan is intended to be
an unfunded plan maintained primarily for the purpose of providing deferred
compensation for a select group of management or highly compensated employees,
within the meaning of Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA. The
Plan is not intended to qualify under Code Section 401(a) or 403(a). The Plan
shall be administered and construed consistent with said intent. This Plan also
shall be governed and construed in accordance with the laws of the State of
Colorado as applied to contracts executed and to be wholly performed within said
state to the extent that such laws are not preempted by the laws of the United
States of America.

                                   ARTICLE II

                                   DEFINITIONS

            SEC. 2.1 ACCOUNTS. "Accounts" shall be established for each eligible
Participant reflecting the amounts owed to the Participant or the Participant's
Beneficiary under the terms of this Plan. The following Accounts may be
established for each Participant:

        (a) Retirement Account. A Retirement Account shall be established to
            which shall be credited the amounts of Compensation deferred by the
            Participant under Sec. 4.1 (other than amounts the Participant
            elects to have credited to a Fixed Period Account), Employer Credits

<PAGE>   5

            determined under Sec. 4.2, and the Investment Credits under Sec. 4.3
            related to those deferrals and credits.

        (b) Fixed Period Account. If the Participant so elects under Sec.
            4.1(d), a Fixed Period Account shall be established to which shall
            be credited the deferrals under Sec. 4.1 that the Participant elects
            to have credited to this type of Account and the Investment Credits
            under Sec. 4.3 related to those deferrals.

            (1)   The Participant may elect to establish separate Fixed Period
                  Accounts with different maturity dates for amounts deferred in
                  different Plan Years. However, deferrals during a particular
                  Plan Year may be allocated only to one Fixed Period Account,
                  and no more than five Fixed Period Accounts with different
                  maturity dates may exist for the Participant at any time.

            (2)   The maturity date of each Fixed Period Account is January 1st
                  of a year specified by the Participant that is at least two
                  years after the year for which the Account is originally
                  established.

The Company may maintain sub-accounts for a Participant within each Account to
reflect the amount deferred or credited for each Plan Year and Investment
Credits on that amount. Each Participant is always 100% vested in the amounts
credited to his or her Accounts.

            SEC. 2.2 BENEFICIARY. "Beneficiary" means the person or persons
designated as such pursuant to the provisions of Sec. 5.5.

            SEC. 2.3 BOARD. "Board" means the board of directors of the Company.

            SEC. 2.4 CODE. "Code" means the Internal Revenue Code of 1986, as
amended from time to time, and any successor statute.

            SEC. 2.5 COMPENSATION. "Compensation" for a Plan Year means the
compensation to which the Participant is entitled from the Participating
Employers during the Plan Year. For purposes of this Plan, Compensation includes
the following two sub-categories:

        (a) Base Compensation means the Compensation classified as such by the
            Company which is paid to the Participant by a Participating Employer
            on a regular periodic basis during the Plan Year.

        (b) Bonus Compensation means the amounts paid to the Participant during
            a Plan Year under the Company's bonus program or programs covering
            the Participant.

            SEC. 2.6 EMPLOYER CREDITS. "Employer Credits" are the credits
allocable to the Participant's Retirement Account pursuant to Sec. 4.2.

            SEC. 2.7 ERISA. "ERISA" means the Employee Retirement Income
Security Act of 1974, as amended from time to time, and any successor statute.

            SEC. 2.8 INVESTMENT CREDITS. "Investment Credits" are the gains or
losses allocable to Accounts of Participants under Sec. 4.3 based on the
investment indexes elected by the Participant.

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            SEC. 2.9 PARTICIPANT. A "Participant" is an individual described as
such in Article III.

            SEC. 2.10 PLAN YEAR. A "Plan Year" is the 12-consecutive-month
period commencing on each January 1 and ending on the following December 31.
However, the first Plan Year of the Plan is the period commencing on March 1,
2001 and ending on December 31, 2001.

            SEC. 2.11 QUALIFIED EMPLOYEE. "Qualified Employee" for a Plan Year
means any select management or highly compensated employee of the Company or
another Participating Employer who meets both of the following requirements:

        (a) The employee has been designated in writing by the President of the
            Company as eligible for this Plan for the current Plan Year.

        (b) The employee qualifies as a "highly compensated employee" under Code
            Section 414(q) for the current Plan Year based on his or her pay
            during the preceding Plan Year which is recognized for purposes of
            applying that section (determined after subtracting all deferrals
            under this Plan during the preceding Plan Year). If the employee was
            hired by the Participating Employers during the preceding Plan Year,
            the employee's pay during the preceding Plan Year for purposes of
            applying this subsection shall be the employee's annual rate of Base
            Compensation on the last day of the preceding Plan Year. This
            subsection shall not apply during the Plan Year in which the
            employee is first employed by the Participating Employers.

            SEC. 2.12 RETIREMENT. "Retirement" means the Termination of
Employment of a Participant (other than by reason of death) on or after the date
the Participant satisfies any of the following requirements:

        (a) The Participant has reached age 59 1/2.

        (b) The Participant has both reached age 55 and is credited with 10 or
            more years of "vesting service" as defined in the Tom Brown, Inc.
            401(k) Plan.

        (c) The Participant has become disabled, regardless of age or service,
            and has been determined to be eligible for benefits under the
            Company's Long Term Disability Plan (or under a long term disability
            plan maintained by another Participating Employer).

            SEC. 2.13 SUCCESSOR EMPLOYER. A "Successor Employer" is any entity
that succeeds to the business of the Company through merger, consolidation,
acquisition of all or substantially all of its assets, or any other means and
which elects before or within a reasonable time after such succession, by
appropriate action evidenced in writing, to continue the Plan.

            SEC. 2.14 TERMINATION OF EMPLOYMENT. The "Termination of Employment"
of an employee for purposes of the Plan shall be deemed to occur upon the
employee's resignation, discharge, retirement, death, failure to return to
active work at the end of an authorized leave of absence or the authorized
extension or extensions thereof, failure to return to work when duly called
following a temporary layoff, or upon the happening of any other event or
circumstance which, under the policy of the Company or another Participating
Employer as in effect from time to time, results in the termination of the
employer-employee relationship.

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            SEC. 2.15 VALUATION DATE. "Valuation Date" means each date on which
the Accounts of Participants are valued for purposes of this Plan. Valuation
Dates shall include the last day of the Plan Year and such other dates as the
Company determines are necessary or advisable for the administration of the
Plan. Until the Company determines to use other Valuation Dates, the Valuation
Dates are each business day on which the New York Stock Exchange is open for
trading.

                                   ARTICLE III

                                  PARTICIPATION

            SEC. 3.1 ELIGIBILITY FOR PARTICIPATION. An employee shall become a
Participant in the Plan on the later of the date on which he or she becomes a
Qualified Employee, or the effective date of an election by the individual to
make deferrals under Sec. 4.1. However, the individual shall become a
Participant on the date he or she first receives an Employer Credit under Sec.
4.2, if earlier.

            SEC. 3.2 DURATION OF PARTICIPATION. An employee who becomes a
Participant shall continue to be eligible to make elections under Sec. 4.1
thereafter, subject to the following:

        (a) The Participant's deferrals shall cease on the earliest of:

            (1)   The date the Participant's Termination of Employment occurs.

            (2)   The date on which the Participant ceases to be a Qualified
                  Employee.

            (3)   The date the Participant fails to meet the requirements of any
                  regulations which may be issued by the Department of Labor
                  that define the phrase "select group of management or highly
                  compensated employees" under ERISA.

        (b) No deferrals under Sec. 4.1 shall be made from any Compensation that
            is payable to the Participant after the earliest of the dates
            specified in subsection (a) unless he or she again meets the
            requirements for being a Qualified Employee for a subsequent Plan
            Year. However, an individual shall continue to be a Participant for
            purposes of the provisions of the Plan other than Sec. 4.1 or Sec.
            4.2 until the date all of his or her Accounts have been distributed.

        (c) If an employee who has elected to make deferrals under Sec. 4.1 for
            a particular Plan Year is subsequently determined not to be a
            Qualified Employee for that Plan Year, the employee's deferral
            election for that year will be canceled and any amounts which may
            have already been deferred for that year will be promptly refunded
            to the employee.

            SEC. 3.3 NO GUARANTEE OF EMPLOYMENT. Participation in the Plan does
not constitute a guarantee or contract of employment with any Participating
Employer. Such participation shall in no way interfere with any rights
Participating Employers would have in the absence of such participation to
determine the duration of the employee's employment.

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                                   ARTICLE IV

                  DEFERRED COMPENSATION AND CREDITS TO ACCOUNTS

            SEC. 4.1 ELECTION TO DEFER COMPENSATION. Prior to the first day of
any Plan Year beginning on or after the Effective Date, a Qualified Employee may
elect to have part or all of the Base Compensation and/or Bonus Compensation
payable during that Plan Year credited to his or her Accounts rather than being
paid in cash. The Compensation actually payable during the Plan Year to a
Participant who elects deferred compensation under this section shall be reduced
by the percentage or amount so elected, subject to the following:

        (a) Elections shall be made on forms specified by the Company for
            purposes of this Plan. Elections for each Plan Year must be filed
            during the election period specified by the Company for such Plan
            Year, which period must end on or prior to December 31 of the
            previous year. Notwithstanding the previous sentence,

            (1)   An election by an individual who first becomes a Qualified
                  Employee during but after the first day of a Plan Year may be
                  filed within 30 days following the date the individual becomes
                  a Qualified Employee, and will be effective as of the first
                  day of the first pay period commencing after the election is
                  filed.

            (2)   Elections for the Plan Year commencing March 1, 2001 must be
                  filed on or before February 16, 2001, and shall apply to Base
                  Compensation payable on or after March 1, 2001 and to the
                  Bonus Compensation payable on or about March 1, 2001.

        (b) The Participant may elect to defer any whole percent of Base
            Compensation payable during each pay period ending in the Plan Year,
            but not more than 50%. The Participant may also elect to defer any
            dollar amount of Base Compensation, in even $1,000 increments and
            spread evenly over the pay periods ending in the Plan Year, provided
            that the total amount deferred may not exceed 50% of Base
            Compensation. However, the amount of Base Compensation for the Plan
            Year remaining after deducting the deferral elected by the
            Participant for that Plan Year may not be less than the compensation
            amount required during that year in order for an individual to be a
            "highly compensated employee" under Code Section 414(q) for the
            following year (which is $85,000 during 2001). The Participant's
            deferral election shall be reduced as necessary to satisfy the limit
            in the preceding sentence.

        (c) The Participant may elect to defer any whole percent (not more than
            100%) of any payment of Bonus Compensation to be made during the
            Plan Year, any dollar amount of such Bonus Compensation (in even
            $1,000 increments, and not to exceed 100% of such Bonus
            Compensation), or 100% of any such Bonus Compensation in excess of a
            specified dollar amount. Notwithstanding the foregoing, the amount
            deferred may not exceed the Bonus Compensation that remains after
            the deduction of any taxes attributable to the amounts deferred
            which are required to be withheld and which are not withheld from
            other compensation payable to the Participant.

        (d) The Participant's election for each Plan Year shall specify the
            percent of the amount deferred during that year that is to be
            allocated to the Participant's Retirement Account and the percent
            that is to be allocated to the Participant's Fixed Period Account.
            The election must be stated in whole percents and must total 100%.
            If the Participant fails to file an

                                      -5-
<PAGE>   9

            adequate election under this subsection, the entire amount deferred
            (or the portion of the deferral which is not specifically allocated
            to a Fixed Period Account, if applicable) shall be allocated to the
            Participant's Retirement Account.

        (e) The deferred compensation credited under the Plan on behalf of a
            Participant for a Plan Year shall be allocated to the Accounts of
            the Participant as of the date that the Base Compensation or Bonus
            Compensation would otherwise have been paid to the Participant in
            cash.

        (f) The Participant must file a separate election with the Company for
            each Plan Year for which deferrals are to be made under this Plan.
            An election for a Plan Year shall become irrevocable on the first
            day of that year, subject to subsection (g). Elections will not
            carry over into subsequent Plan Years.

        (g) Notwithstanding the foregoing provisions of this section:

            (1)   All deferrals by a Participant shall cease as of (i) the date
                  the Participant receives a hardship withdrawal under any
                  qualified defined contribution plan subject to Code Section
                  401(k) maintained by the Company or any of its affiliates
                  which requires that deferrals be suspended for a certain
                  period of time following such withdrawal, or (ii) the date the
                  Participant receives a withdrawal from this Plan for severe
                  financial hardship due to an unforeseeable emergency under
                  Sec. 5.6. Deferrals under this section may not recommence
                  until the first day of the second Plan Year beginning after
                  the date deferrals ceased under the previous sentence.

            (2)   The Company may in its sole discretion cancel a Participant's
                  deferral election for the current Plan Year upon the request
                  of a Participant if the Company determines that an event has
                  occurred which would make the Participant eligible for a
                  withdrawal for severe financial hardship due to an
                  unforeseeable emergency under Sec. 5.6. Deferrals under this
                  section may not recommence until the first day of the second
                  Plan Year beginning after the date deferrals ceased under the
                  previous sentence. The Participant may request that deferrals
                  cease under this paragraph whether or not the Participant
                  requests a withdrawal under Sec. 5.6.

            SEC. 4.2 EMPLOYER CREDITS. The Compensation Committee of the Board
may determine in its sole discretion that a credit will be made by the Company
or other Participating Employer to the Retirement Account of one or more
eligible Participants for a particular Plan Year. If a credit is to be made for
a particular Participant for a Plan Year, the Committee will determine the
amount of the credit, the date or dates on which the amount will be credited to
the Participant's Retirement Account, and any rules the Participant must satisfy
to receive the credit. Such rules may include, but are not limited to,
requirements that the Participant must be employed by the Participating
Employers on a particular date during or after the end of the Plan Year, that
the Participant must complete a certain number of hours of service during the
Plan Year, or that the Participant must meet certain performance standards for
the year.

            SEC. 4.3 INVESTMENT CREDITS AND VALUATION OF ACCOUNTS. The Accounts
of each Participant will be adjusted as of each Valuation Date to reflect
Investment Credits, deferrals allocated to the Account under Sec. 4.1, Employer
Credits allocated under Sec. 4.2, and distributions from the Account under
Article V, since the previous Valuation Date, subject to the following:

                                      -6-
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        (a) Investment Credits will be based on the investment index or indexes
            selected by the Participant to measure the deemed rate of investment
            return on his or her Accounts. The investment indexes will include
            such investment options as the Company makes available under this
            Plan from time to time. The Company may in its sole discretion add
            additional options or delete existing options available to a
            Participant at any time, provided the Participant has been notified
            as described in Sec. 7.1. Notwithstanding anything in the Plan to
            the contrary, the Company shall be under no obligation to purchase
            any investments used for determining Investment Credits. The
            investment indexes are used solely for the recordkeeping purpose of
            measuring gains and losses on each Participant's Accounts, and the
            Participant's Accounts are not actually being invested in the
            indexes.

        (b) All investment elections shall be filed in writing on a prescribed
            form (or in such other manner as the Company may authorize from time
            to time) with the Company or with such agent or agents as may be
            designated from time to time by the Company for this purpose. Each
            investment election shall remain in effect until a new election is
            filed by the Participant.

        (c) An initial investment election shall be filed by the Participant
            when an Account is first established for the Participant.
            Thereafter, the Participant may change the investment indexes for
            existing Account balances and future credits effective as of any
            Valuation Date, provided the change is filed prior to the deadline
            that may be established by the Company or its designated agent from
            time to time for the desired effective date. All investment
            elections must be expressed in whole percent increments for each
            option.

        (d) A Participant may file separate investment elections for his or her
            Retirement Account and Fixed Period Account, and may also file
            separate investment elections for the existing Account balance and
            for future amounts to be credited to each Account. If the
            Participant fails to file an effective investment election for all
            or part of an Account, that amount shall be credited with Investment
            Credits according the yield on a default investment option
            designated by the Company from time to time.

        (e) If distributions are to be made in installments following the death
            of a Participant who had begun receiving payments following
            Retirement, each Beneficiary shall have the same right to make
            investment elections for the portion of the Participant's Accounts
            held on behalf of the Beneficiary as the Participant had prior to
            death.

        (f) All investment elections shall be in accordance with such rules and
            regulations as the Company or its designated agent may establish
            from time to time. The Company or its agent may also establish such
            procedures for the valuation of Accounts as the Company or its agent
            determines in its sole discretion will reasonably reflect the period
            of time amounts were credited to each Account.

        (g) Notwithstanding the foregoing, the Company may modify or disregard
            an investment election filed by a Participant to the extent the
            Company determines that such action is necessary to comply with the
            terms of this Plan or to avoid adverse tax consequences to the
            Participant or any Participating Employer. The Company may delay the
            implementation of Participant investment elections under this
            section to a date later than March 1, 2001, in which case the
            Participant's Accounts will be credited during the period of the
            delay with

                                      -7-
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            Investment Credits at a rate or index established by the Company for
            this purpose prior to March 1, 2001.

            SEC. 4.4 UNSECURED OBLIGATIONS. A Participant's credits in his or
her Accounts shall be an unsecured obligation of the Participating Employers to
pay the Participant (or the Participant's Beneficiary, in the event of the
Participant's death) the actual amount of the credits at the time designated in
Article V. Each Participant or Beneficiary is only a general creditor of the
Participating Employers with respect to his or her Accounts. Accounts are
maintained for recordkeeping purposes only. Notwithstanding the foregoing,
obligations to pay benefits under this Plan may be satisfied by distributions
from a grantor trust created by the Company in its sole discretion for such
purpose. Each Participant shall cooperate with the Company and shall execute any
documents or submit to any physical examination reasonably required by the
Company in connection with the administration of the Plan.

                                    ARTICLE V

                            DISTRIBUTION OF ACCOUNTS

            SEC. 5.1 DISTRIBUTION OF RETIREMENT ACCOUNT UPON RETIREMENT.
Following a Participant's Retirement, the Participant's Retirement Account will
be distributed commencing as soon as administratively feasible after the January
1 following the Participant's Retirement date. The distribution will be made in
the manner elected by the Participant, subject to the following:

        (a) At the time the Participant first enrolls in the Plan pursuant to
            Sec. 4.1, the Participant must file an election as to how the
            balance in the Participant's Retirement Account will be distributed.
            The election must be made on a form provided by the Company for this
            purpose.

            (1)   The Participant may elect to have the Retirement Account paid
                  in any of the following forms:

                  (A) A single lump payment.

                  (B) Annual installments over a period of 5 or 10 years, as
                      specified by the Participant.

            (2)   Notwithstanding the foregoing, if an individual becomes a
                  Participant solely as a result of an Employer Credit being
                  allocated to his or her Retirement Account under Sec. 4.2, the
                  Participant may file the election under this subsection within
                  90 days after the date on which the first such Employer Credit
                  was allocated.

            (3)   Except as provided in paragraph (4) of this subsection and in
                  subsection (d) of this section, any election under this
                  subsection is irrevocable and applies to all future credits to
                  the Participant's Retirement Account. If the Participant fails
                  to file an election, he or she will be deemed to have elected
                  that a lump sum distribution is to be paid as soon as
                  administratively feasible following his or her Retirement
                  date.

            (4)   During the annual election period established by the Company
                  for purposes of Sec. 4.1, the Participant may file a new
                  election revoking the distribution method previously selected
                  under this subsection and designating a new distribution
                  method

                                      -8-
<PAGE>   12

                  permitted under this subsection. Any such election shall be
                  effective on the second January 1st following the date it is
                  filed with the Company, and shall take effect on such January
                  1st only if the Participant has not had a Termination of
                  Employment or died prior to such date.

        (b) The Participant's Retirement Account will be valued as of December
            31 of the year in which the Participant's Retirement occurs. Any
            lump sum distribution will be based on that valuation.

        (c) If payments are to be made in installments, the payments will be
            made as of the commencement date provided under this section and as
            of each anniversary of that date (with the actual payments to be
            made as soon as administratively feasible after such dates). The
            annual amount to be paid in each calendar year will be equal to the
            value of the Retirement Account on the December 31 preceding the
            date the payment is to be made, divided by the number of annual
            payments that remain, subject to the following:

            (1)   The Retirement Account will continue to be adjusted for
                  Investment Credits pursuant to Sec. 4.3 during the installment
                  period.

            (2)   In all events, installment payments will cease when the
                  balance of the Participant's Retirement Account is equal to
                  $0.

            (3)   The payment for the final year of installments will include
                  the entire balance remaining in the Retirement Account at that
                  time.

        (d) Notwithstanding the foregoing, at any time following a Participant's
            Retirement, the Participant (or the Beneficiary following the
            Participant's death) may elect to receive a lump sum distribution of
            up to 100% of the balance of the Participant's Accounts (including
            any undistributed Fixed Period Account), subject to the following:

            (1)   Prior to the distribution under this subsection, an amount
                  equal to 10% of the amount to be withdrawn will be subtracted
                  from the amount withdrawn and will be forfeited to the
                  Company.

            (2)   Any election to withdraw 75% or more of the Participant's
                  entire Account balance will be deemed to be an election to
                  withdraw the entire Account balance minus the portion to be
                  forfeited under paragraph (1).

            SEC. 5.2 DISTRIBUTION OF RETIREMENT ACCOUNT FOLLOWING OTHER
TERMINATION OF EMPLOYMENT. Upon a Participant's Termination of Employment for a
reason other than Retirement or death, the Participant's Retirement Account will
be paid to the Participant pursuant to the provisions of Sec. 5.1, except that
distribution of the Participant's Retirement Account shall occur or commence as
soon as administratively feasible after the January 1 following the
Participant's Termination of Employment. Any installment method selected by the
Participant shall be paid in accordance with Sec. 5.1(c), except that the
installment period shall not exceed five years regardless of the period elected
by the Participant.

                                      -9-
<PAGE>   13

            SEC. 5.3 DISTRIBUTIONS FROM FIXED PERIOD ACCOUNT. If the Participant
has elected to allocate deferrals under Sec. 4.1 to a Fixed Period Account,
distributions from that Account shall be determined as follows:

        (a) At the time a Fixed Period Account is established, the Participant
            must select a future year in which that Account is to be
            distributed. The year selected must be at least two years after the
            year in which that Account is first established.

        (b) Each Fixed Period Account will be distributed commencing as soon as
            administratively feasible after its maturity date in a single lump
            sum, or in installments, as elected by the Participant for that
            Account pursuant to Sec. 5.1(a) and (c).

        (c) An election regarding the terms of a Fixed Period Account is
            irrevocable as to that Account as provided in Sec 5.1(a), except as
            provided in Sec. 5.1(a)(4) or (d) with respect to changes in the
            method of distribution of the Account.

        (d) Any Fixed Period Account that has not been distributed when a
            Participant's Retirement occurs shall be distributed to the
            Participant (or to the Beneficiary in the event of the Participant's
            subsequent death) as provided in this Sec. 5.3. Any Fixed Period
            Account that has not been distributed when any other Termination of
            Employment occurs shall be distributed as provided in Sec. 5.2 or
            Sec. 5.4, whichever is applicable.

            SEC. 5.4 DISTRIBUTION ON DEATH. Upon the death of a Participant, the
Participant's Beneficiary or Beneficiaries shall be entitled to the entire
balance of the Participant's Accounts.

        (a) Except as provided in subsection (b) or (c), such payment shall be
            made in a single lump sum payment to the Participant's Beneficiary
            or Beneficiaries within 90 days after the last day of the month in
            which the Participant's death occurred, and shall be equal to the
            value of the Participant's Accounts determined as of the last day of
            the month in which the Participant's death occurred.

        (b) If the Participant died after beginning to receive installment
            payments under Sec. 5.1 following Retirement, the Beneficiary or
            Beneficiaries shall receive the remaining installment payments at
            the same times as the Participant would have received them if he or
            she had survived.

        (c) If the Participant died before beginning to receive installment
            payments from an Account but had elected an installment payment
            method for such Account pursuant to Sec. 5.1(a), the Beneficiary or
            Beneficiaries shall receive installments according to that method,
            except that the installment payments shall commence within 90 days
            after the last day of the month in which the Participant's death
            occurred.

            SEC. 5.5 BENEFICIARY DESIGNATION. Each Participant shall have the
right, at any time, to designate any person or persons as Beneficiary or
Beneficiaries to whom payments under this Plan shall be made in the event of the
Participant's death prior to complete distribution of the amount credited to the
Participant's Accounts. Each Participant shall have the right to change his or
her Beneficiary designation at any time. Each Beneficiary designation shall
become effective only when filed in writing with the Company during the
Participant's life on a form prescribed by or approved by the Company. The
rights of each Beneficiary shall be subject to the terms and conditions
specified on the designation

                                      -10-
<PAGE>   14

form to the extent consistent with the terms of the Plan. If a Participant fails
to designate a Beneficiary as provided above, or if all designated Beneficiaries
predecease the Participant, then the Beneficiary shall be the Participant's
estate.

            SEC. 5.6 DISTRIBUTIONS FOR SEVERE FINANCIAL HARDSHIP.
Notwithstanding the foregoing sections of this Article V, the Company in its
sole discretion may approve a request by a Participant for a withdrawal from the
Participant's Accounts due to an unforeseeable emergency. An "unforeseeable
emergency" is an unanticipated emergency that is caused by an event beyond the
control of the Participant and that would result in severe financial hardship to
the Participant if an early withdrawal is not permitted. Any such early
withdrawal approved by the Company may not exceed the amount reasonably
necessary to meet the emergency. Upon a withdrawal under this section, deferrals
by the Participant will be suspended as provided in Sec. 4.1(g)(1). Only one
hardship withdrawal under this section will be allowed during any Plan Year.

            SEC. 5.7 PAYMENT OF SMALL BENEFITS. Notwithstanding the foregoing
provisions of this Article V, if the total balance of the Participant's Accounts
upon his or her Retirement or other Termination of Employment is less than
$10,000, the Company will pay the entire balance in a single lump sum on a date
determined by the Company as soon as administratively feasible following the
Participant's Retirement or other Termination of Employment.

            SEC. 5.8 MODIFICATION OF ELECTIONS FOR TAX CONSIDERATIONS.
Notwithstanding anything to the contrary in the foregoing sections of this
Article V or in any election filed by a Participant:

        (a) If the Company determines, based on advice of legal counsel or a
            final determination by the Internal Revenue Service or a court of
            competent jurisdiction, that a Participant or Beneficiary may be
            held to be in constructive receipt of benefits under this Plan and
            required to recognize such benefit immediately or retroactively for
            income tax purposes, the Company may in its sole discretion take
            either of the following actions:

            (1)   Distribute the entire affected benefit in a single lump sum as
                  soon as administratively feasible.

            (2)   Take written action modifying the Participant's election
                  and/or the terms of the Plan (retroactively, if necessary) in
                  a manner that will eliminate the allegation of constructive
                  receipt while at the same time carrying out the Participant's
                  original intent to the extent possible.

        (b) The Company may postpone any payment to be made to a Participant or
            Beneficiary until a subsequent fiscal year of the Company to the
            extent the Company determines to be necessary in order to avoid the
            loss of an income tax deduction under Code Section 162(m).

            SEC. 5.9 WITHHOLDING AND TAXES. The benefits payable under this Plan
shall be subject to the deduction of any federal, state, or local income taxes
or other taxes which are required to be withheld from such payments by
applicable laws and regulations. Any Social Security (FICA) taxes which must be
withheld prior to the distribution of benefits to the Participant shall be
withheld from the amounts deferred, or from the Participant's other
compensation, as determined by the Company. The Company provides no assurances
or guarantees regarding the tax treatment of amounts deferred or payments made
under this Plan. Each Participant is solely responsible for any applicable
income, excise and other taxes, penalties or interest (including any excise tax
under Code Section 4999).

                                      -11-
<PAGE>   15

            SEC. 5.10 DISTRIBUTIONS FOLLOWING CHANGE IN CONTROL. Notwithstanding
any provision of the Plan to the contrary, if (i) a Change in Control occurs,
and (ii) at any time on or after the date the Change in Control occurs, the debt
of the Company (or the Company's ultimate parent in the event the Company has
become a subsidiary of another entity) is not or ceases to be of investment
grade, then the entire value of each Participant's Accounts (including any
Participant who has previously had a Termination of Employment but whose
Accounts have not yet been completely distributed) shall be distributed to the
Participant in a lump sum not later than 10 calendar days following the date the
requirements of both clause (i) and clause (ii) of this sentence have been
satisfied.

        (a) For purposes of this section, "Change in Control" means the
            occurrence of any of the following events:

            (1)   A majority of the directors of the Company are persons other
                  than persons (i) for whose election proxies have been
                  solicited by the Board or (ii) who are then serving as
                  directors appointed by the Board to fill vacancies on the
                  Board caused by death or resignation (but not by removal) or
                  to fill newly created directorships.

            (2)   After the Effective Date, beneficial ownership (as determined
                  by Rule 13d-3 under the Securities Exchange Act of 1934, as
                  amended (or any successor thereto)) of more than 20% of all
                  outstanding voting stock of the Company is acquired in one or
                  more transactions by any person or group of persons acting in
                  concert (other than the Company).

            (3)   The stockholders of the Company approve a definitive agreement
                  or plan to accomplish any of the following transactions:

                  (A)  Merge or consolidate the Company with or into another
                       corporation (other than (i) a merger or consolidation
                       with a corporation controlling the Company or controlled
                       by the Company within the meaning of Code Section 368(c),
                       or (ii) a merger in which the Company is the surviving
                       corporation and either (I) no outstanding voting stock of
                       the Company (other than fractional shares) held by
                       stockholders immediately prior to the merger is converted
                       into cash, securities or other property, or (II) all
                       holders of outstanding voting stock of the Company (other
                       than fractional shares) immediately prior to the merger
                       have substantially the same proportionate ownership of
                       the voting stock of the Company or its parent corporation
                       immediately after the merger).

                  (B)  Exchange, pursuant to a statutory exchange of shares of
                       voting stock of the Company held by stockholders of the
                       Company immediately prior to the exchange, shares of one
                       or more classes or series of voting stock of the Company
                       for shares of another corporation.

                  (C)  Sell or otherwise dispose of all or substantially all of
                       the assets of the Company (in one transaction or a series
                       of transactions).

                  (D)  Liquidate or dissolve the Company.

                                      -12-
<PAGE>   16

        (b) For purposes of this section, an entity's debt will cease to be of
            "investment grade" on the date the entity is assigned a credit
            rating that is less than investment grade by either Moody's
            Investors Service (as of the Effective Date, less than BBB minus) or
            Standard & Poor's Ratings Services (as of the Effective Date, less
            than Baa minus). However, if the applicable entity does not have a
            rating with either of said services, the entity's debt will be
            treated as being of investment grade if its debt to book value
            capitalization ratio is less than 45%.

                                   ARTICLE VI

                                 ADMINISTRATION

            SEC. 6.1 ADMINISTRATION BY THE COMPANY. The Company shall administer
the Plan, shall establish, adopt, or revise such rules and regulations as it may
deem necessary or advisable for the administration of the Plan, and shall have
discretionary authority to interpret the provisions of the Plan. The
interpretations of the Company shall be conclusive on all parties.

            SEC. 6.2 CLAIMS PROCEDURE. A Participant or Beneficiary may make a
claim for Plan benefits by filing a written request with the Company. The claim
shall be determined by the Company within 90 days after the receipt of the
written claim (unless the Company extends the period for up to an additional 90
days).

        (a) Notice of the Company's decision shall be communicated to the
            claimant in writing. If the claim is denied, the notice shall
            include the specific reasons for the denial (including reference to
            pertinent Plan provisions), a description of any additional material
            or information necessary for the Company to reconsider the claim,
            the reasons for any of such additional material or information, and
            an explanation of the review procedure.

        (b) The claimant or a duly authorized representative may, within 60 days
            after receiving such written notice, request in writing that the
            Company review its decision. The Company may afford the claimant a
            hearing and shall afford the claimant the opportunity to review all
            pertinent documents and submit issues and comments orally or in
            writing. The Company shall render a review decision in writing
            within 60 days after receipt of request for review (unless the
            Company extends the review period for up to an additional 60 days).
            The review proceeding shall be conducted in accordance with the
            rules and regulations adopted from time to time by the Company.

                                      -13-
<PAGE>   17

                                   ARTICLE VII

                            AMENDMENT AND TERMINATION

            SEC. 7.1 AMENDMENT. The Plan may be amended in whole or in part at
any time for any reason by action of the Board or the Compensation Committee of
the Board, or by action of any person to whom that authority has been delegated
by the Board. No amendment shall decrease the benefits under the Plan which have
accrued prior to the date such amendment is adopted. However, (i) the Company
may modify the investment index options under Sec. 4.3 to be used to determine
Investment Credits for a Participant's Accounts commencing as of a date
specified by the Company, but not sooner than 30 days after the date a notice of
the change is either mailed or hand-delivered to the Participant, and (ii) Sec.
5.10 may be amended in any manner and without notice, provided no Change in
Control has occurred on or before the date the amendment is adopted.

            SEC. 7.2 TERMINATION OF PLAN. The Company, by action of the Board,
may terminate the Plan at any time. After such termination, no employee shall
become a Participant, and no further amounts shall be credited pursuant to Sec.
4.1 or Sec. 4.2 to Accounts of Participants. At the discretion of the Company,
the amounts credited to the Accounts of Participants may be either (i)
distributed to Participants within 90 days after the date of termination based
on values determined as of the last day of the month in which the termination
occurred, (ii) distributed in annual installments over the three years following
the date of termination, or (iii) distributed in accordance with Article V.

                                  ARTICLE VIII

                                  MISCELLANEOUS

            SEC. 8.1 BENEFITS MAY NOT BE ASSIGNED OR ALIENATED. Neither a
Participant nor any Beneficiary shall have the right to sell, assign, transfer,
encumber or otherwise convey any right to receive any payment hereunder. No part
of the amounts payable hereunder shall be subject to seizure or sequestration
for the payment of any debts or judgments owed by a Participant or any other
person (other than the Participating Employers). However, the Company may offset
the obligations to the Participant or the Participant's Beneficiary hereunder by
any amounts the Participant owes to the Company or any other Participating
Employer, provided that such amounts owed by the Participant are not related in
any way to the benefits payable under this Plan and were not incurred in
anticipation of the benefits to which the Participant may become entitled
hereunder.

            SEC. 8.2 INCOMPETENCY. Every person receiving or claiming benefits
under this Plan shall be conclusively presumed to be mentally competent until
the date on which the Company receives a written notice in a form and manner
acceptable to the Company that such person is incompetent and that a guardian,
conservator or other person legally vested with the care of his or her estate
has been appointed. In such event, the Company may direct payments of benefits
to such guardian, conservator or other person legally vested with the care of
the person's estate and any such payments so made shall be a complete discharge
of the Participating Employers to the extent so made.

            SEC. 8.3 NOTICES. Notices required by this Plan to be given to the
Company or a Participant shall be in writing and shall be considered to have
been duly given or served if personally delivered, or sent by first class,
certified or registered mail.

                                      -14-
<PAGE>   18

            SEC. 8.4 SEVERABILITY. The invalidity or partial invalidity of any
portion of this Plan shall not invalidate the remainder thereof, and said
remainder shall remain in full force and effect.

            SEC. 8.5 HEADINGS. Headings at the beginning of articles and
sections hereof are for convenience of reference, shall not be considered a part
of the text of the Plan, and shall not influence its construction.

            SEC. 8.6 CAPITALIZED DEFINITIONS. Capitalized terms used in the Plan
shall have their meaning as defined in the Plan unless the context clearly
indicates to the contrary.

            SEC. 8.7 GENDER. Any references to the masculine gender include the
feminine and vice versa.

            SEC. 8.8 USE OF COMPOUNDS OF WORD "HERE". Use of the words "hereof",
"herein", "hereunder", or similar compounds of the word "here" shall mean and
refer to the entire Plan unless the context clearly indicates to the contrary.

            SEC. 8.9 CONSTRUED AS A WHOLE. The provisions of the Plan shall be
construed as a whole in such manner as to carry out the provisions hereof and
shall not be construed separately without relation to the context.

Dated: January 12, 2001              TOM BROWN, INC.

                                     By     /s/  James D. Lightner
                                        ---------------------------------------
                                            Its President

                                      -15-<PAGE>

EXHIBIT 10.6

                           RURBANC DATA SERVICES, INC.

                       DATA PROCESSING SERVICES AGREEMENT

This agreement is entered into effective as of July 1, 2000, by and between
Rurbanc Data Services, Inc., a wholly owned, subsidiary of Rurban Financial
Corporation, an Ohio Corporation located at 401 Clinton Street, Defiance, Ohio
43512 (there after referred to as "RDSI"), and

                                  Macatawa Bank
                                250 E. Eighth St.
                                Holland, MI 49423

(hereinafter referred to as "Bank").

I.       GENERAL STATEMENT CONCERNING SERVICES

         The Bank agrees that RDSI may perform for the Bank certain services as
         described in the schedule(s) attached hereto (the "Services"), and RDSI
         agrees to perform such Services pursuant to the terms and conditions of
         this Agreement. The Bank agrees to compensate RDSI for the Services in
         accordance with the term of the Agreement.

II.      TERM OF THE AGREEMENT

         The initial term of the Agreement (the "initial term") shall commence
         on the first date on which Services are provided to the Bank hereunder
         (the "Commencement Date") and shall continue for a period of FIVE (5)
         years. Thereafter, the term of the Agreement shall automatically
         continue until it is terminated by the Bank or RDSI in accordance with
         the terms hereof.

         In addition to any other termination rights that exist under other
         Sections of this Agreement, either the Bank or RDSI may terminate the
         Agreement as of the end of Initial Term or at any time thereafter by
         providing one hundred and eighty (180) days prior written notice to the
         other party.

III.     FEES FOR SERVICES

         A.   For the Services provided hereunder, the Bank shall initially pay
              to RDSI the fees specified in the Fee Schedule attached hereto as
              Addendum A (the "Fee Schedule"). The bank acknowledges that RDSI
              may (i) decrease such fees at anytime, and (ii) by providing
              thirty (30) days prior written notice to the Bank, increase any
              such fees at any time after the second anniversary of the
              Commencement Date, and the Bank agrees to pay such increased or
              decreased fees. RDSI and the Bank have agreed that during the
              first TWO years of the Agreement, rates shall be fixed at such
              rates as described in the attached Addendum A-Fee Schedule.
              Notwithstanding the foregoing, RDSI agrees that it will not
              increase its fees, in the aggregate, by more than five percent
              (5%) in either the third, fourth or fifth years of the Initial
              Term.

         B.   Exceptions to the pricing arrangements specified in Section III.
              A. above will be those related to increased account and
              transaction volumes of the Bank; new applications and services not
              presently utilized by the Bank; increased number of terminals or
              workstations supported; Saturday processing, and services not
              presently covered by the Agreement. Bank agrees to purchase its
              own paper supplies, statements, checks, etc.

         C.   Bank acknowledges that the Fee Schedule does not include charges
              for ground transportation/courier services. To the extent utilized
              by the Bank, such transportation charges in addition to those
              specified in Section III.A. above, will be calculated and invoiced
              by RDSI to Bank based on allowable Internal Revenue Service
              mileage and maintenance guidelines, plus salary considerations,
              and will be subject to change by RDSI. RDSI agrees to obtain Bank
              approval prior to utilizing any ground transportation/courier
              services.

         D.   Bank further acknowledges that the Services provided do not
              include Saturday processing; and that if, in the future, RDSI
              provides Saturday processing to the Bank as part of the Services,
              RDSI charges for such additional Services will be in addition to
              those called for in Section III.A. above.

RURBANC DATA SERVICES, INC.                                               PAGE 1
<PAGE>

IV.      CONVERSION

         All expenses of conversion will be paid by the Bank, and will include
         conversion and training fees, equipment purchases and modifications,
         communication equipment and lines, ITI formal training classes, new
         forms and supplies and other conversion cost items. The conversion
         expenses will also include a conversion fee to RDSI in the amount of
         $0.00, plus any out of pocket expenses incurred by RDSI in direct
                ----
         relation to the conversion (i.e., lodging, meals, mileage, etc.), plus
                                                                           ----
         any other out of pocket expenses incurred by RDSI in direct relation to
         the deconversion of the Bank's existing processing system. The RDSI
         conversion fee will be due upon invoicing. RDSI will provide the Bank
         with the results of any conversion tests that are performed by RDSI.
         The Bank agrees to notify RDSI of any potential problems which it
         recognizes as a result of its review of such test results.

V.       AUDIT

         RDSI employs an internal auditor responsible for ensuring the integrity
         of its processing environments and internal controls. In addition, RDSI
         provides for periodic independent audits of its operations. In each
         instance, RDSI will provide the Bank with a copy of the independent
         audit within a reasonable time after its completion, and will charge
         the Bank and each of its other clients a fee based on the pro rata cost
         of the independent audit. RDSI will also provide a copy of the
         independent audit to the appropriate regulatory agency having
         jurisdiction over RDSI's provision of Services hereunder.

VI.      CORRECTION OF ERRORS

         All Services provided by RDSI hereunder shall be deemed acceptable to
         the Bank unless the Bank, within 30 days following its receipt of the
                                          -------
         Services, has provided to RDSI a written notice which reasonably
         identifies the claimed error together with supporting documentation
         which reasonably supports the claim. In each such instance, RDSI
         promptly and in good faith (i) will review that claim and where the
         claim is meritorious (ii) will attempt to reprocess or otherwise remedy
         the problem at its own cost and expense, subject to the limitations set
         forth in Section VIII below. Work reprocessed due to error in data
         supplied by Bank, on Bank's behalf by a third party, or by Bank's
         failure to follow procedures set forth by RDSI will be billed to the
         Bank at RDSI's then current rates as additional services hereunder.

VII.     WARRANTIES

         A.   RDSI represents and warrants that: (i) the Services will conform
              to the specifications, if any, set forth in the schedules attached
              to this Agreement, (ii) RDSI will perform the Bank's work
              accurately and in accordance with the provisions of the Agreement
              including Section XIV hereof, provided that the Bank supplies
              accurate data and information and follows the procedures described
              in all of RDSI's documentation, notices and advice's; (iii) RDSI
              personnel will exercise due care in providing the Services; (iv)
              RDSIs performance hereunder will comply in aft material respects
              with all Federal and State laws that are in existence as of the
              effective date of this Agreement; and (v) the Services will be
              capable of supporting Year 2000 functionality and will function in
              accordance with the specifications of a multi-century,
              multi-millennium environment. As used in the Section VII.A.,
              "supporting Year 2000 functionality" shall mean that the Services
              provided hereunder will provide fault-free performance in the
              processing of dates and date-related data, including but not
              limited to calculating comparing and sorting individually and in
              combination with other RDSI products and services. As used in this
              Section, "fault-free performance" shall mean the correct
              manipulation of data containing dates prior to, through and beyond
              January 1, 2000 (including leap year computations), without human
              intervention. Any modifications required to conform the Services
              provided by RDSI hereunder to Year 2000 functionality will be made
              by RDSI at its own expense. However, associated costs for
              assistance and testing of the data of Bank files and equipment
              that may be required by various regulatory authorities will be the
              responsibility of the Bank.

RURBANC DATA SEVICES, INC.                                               PAGE 2
<PAGE>

         B.   THE WARRANTIES STATED IN SECTION VII.A. ABOVE ARE LIMITED
              WARRANTIES AND ARE THE ONLY WARRANTIES MADE BY RDSI. RDSI DOES NOT
              MAKE, AND THE BANK HEREBY EXPRESSLY WAIVES, ALL OTHER WARRANTIES,
              INCLUDING WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A
              PARTICULAR PURPOSE. THE STATED EXPRESS WARRANTIES ARE IN LIEU OF
              ALL LIABILITIES OR OBLIGATIONS OF RDSI FOR DAMAGES ARISING OUT OF
              OR IN CONNECTION WITH THE DELIVERY, USE OR PERFORMANCE OF THE
              SERVICES.

         C.   The Bank represents and warrants that: (i) no contractual
              obligations exist that would prevent the Bank from entering into
              the Agreement; (ii) that throughout the term of this Agreement, it
              will comply with all applicable regulatory requirements; (iii) it
              will take such steps as are necessary to ensure that its own data,
              files and equipment will be capable of supporting Year 2000
              functionality; and (iv) it has requisite authority to execute,
              deliver and perform this Agreement. The Bank shall indemnify and
              hold harmless RDSI, its officers, directors, employees and
              affiliates against any and all claims by third parties arising out
              of the performance and nonperformance of the Service by RDSI
              hereunder; provided, that such indemnity on the part of the Bank
              shall not preclude the Bank from recovering direct damages from
              RDSI pursuant to the terms and subject to the limitations of the
              Agreement.

VIII.    LIMITATION OF LIABLITY

         A.   Except as otherwise provided in the penultimate sentence of
              Section VII.A. above, IN NO EVENT SHALL RDSI BE LIABLE FOR LOSS OF
              GOOD WILL, OR FOR SPECIAL, INDIRECT, INCIDENTAL, CONSEQUENTIAL OR
              PUNITIVE DAMAGES ARISING FROM THE BANK'S USE OF THE SERVICES OR
              RDSPS SUPPLY OF EQUIPMENT OR SOFTWARE, REGARDLESS OF WHETHER SUCH
              CLAIM ARISES IN TORT OR IN CONTRACT. RDSI'S AGGREGATE LIABILITY
              FOR ANY AND ALL CAUSES OF ACTION RELATING TO THE SERVICES SHALL BE
              LIMITED TO THE TOTAL FEES PAID BY THE BANK TO RDSI HEREUNDER FOR
              TEE SERVICES RESULTING IN SUCH LIABILITY IN THE TWO-MONTH PERIOD
              PRECEEDING THE DATE THE CLAIM ACCRUED; AND RDSI'S AGGREGATE
              LIABILITY FOR A DEFAULT RELATING TO EQUIPMENT OR SOFTWARE SHALL BE
              LIMITED TO THE AMOUNT PAID BY THE BANK FOR THE EQUIPMENT OR
              SOFTWARE.

         B.   If the Bank's records or other data submitted for processing are
              lost or damaged as a result of any failure by RDSI, its employees
              or agents to exercise reasonable care to prevent such loss or
              damages, RDSI's liability on account of such loss or damages shall
              not exceed the reasonable cost of reproducing such records or data
              from exact duplicates thereof in the Bank's possession.

IX.      DISASTER RECOVERY

         A.   RDSI maintains a disaster recovery plan (the "Disaster Recovery
              Plan") with respect to each of the Services. For purposes of the
              Agreement, a "Disaster" shall mean any unplanned interruption of
              the operations of or inaccessibility to RDSI's service center in
              which RDSI, using reasonable judgement, requires relocation of
              processing to a recovery location. RDSI shall notify the Bank as
              soon as possible after RDSI deems a service outage to be a
              Disaster. RDSI shall move the processing of the Bank's standard
              services to a recovery location as expeditiously as possible and
              shall coordinate the cut-over to back-up telecommunication
              facilities with the appropriate couriers. The Bank shall maintain
              adequate records of all transactions during the period of service
              interruption and shall have personnel available to assist RDSI in
              implementing the switchover to the recovery location. During a
              disaster, optional or on-request services shall be provided by
              RDSI only to the extent adequate capacity exists at the recovery
              location and only after stabilizing the provision of base
              services.

         B.   RDSI will work with the Bank to establish a plan for alternative
              communications in the event of a Disaster.

RURBANC DATA SERVICES, INC.                                               PAGE 3
<PAGE>

         C.   RDSI will test the Disaster Recovery Plan periodically. The Bank
              agrees to participate in and assist RDS1 with such test, if
              requested by RDSI. Upon the Bank's request, test results will be
              made available to the Bank's management, regulators, auditors and
              insurance underwriters. RDSI will charge the Bank and each of its
              clients a fee based on the pro rata cost of the disaster recovery
              program-

         D.   RDSI will release to the Bank information necessary to allow the
              Bank to develop, and the Bank agrees to develop with respect to
              its own internal operations and equipment, a disaster recovery
              plan that operates in concert with the Disaster Recovery Plan.

         E.   The Bank understands and agrees that the Disaster Recovery Plan is
              designed to minimize, but not eliminate, risks associated with a
              disaster affecting RDSI's service center. RDSI does not warrant
              that the Services will be uninterrupted or error free in the event
              of a Disaster, and no performance standards shall be applicable
              during the pendency of any Disaster. The Bank shall be responsible
              for adopting a disaster recovery plan relating to disasters
              affecting the Bank's facilities and for securing business
              interruption insurance or other insurance necessary for the Bank's
              protection.

X.       OWNERSHIP AND CONFIDENTIALITY

         A.   It is understood that the Bank is the legal owner of all data and
              records relative to itself which may be in the possession of RDSI
              and that such data and records may be obtained by the Bank via
              machine readable form at a reasonable charge determined by RDSI,
              as stated in Section XVH (Deconversion Considerations) of the
              Agreement. RDSI is the owner of all programs and documentation.

         B.   RDSI and the Bank each agree that all information including, but
              not limited to business methods, internal operations data and
              customer records, communicated to it by the other either before or
              after the effective date of this Agreement, was and shall be
              received in strict confidence, shall be used only for the purposes
              of this Agreement, and that no such information shall be disclosed
              by the recipient party without the prior written consent of the
              other party, and each agrees that each party will prevent the
              disclosure to outside parties of the terms and provisions hereof,
              except as may be necessary by reasons of legal, accounting, or
              regulatory requirements beyond the reasonable control of RDSI or
              the Bank, as the case may be.

         C.   This Agreement absolutely prohibits either party from disclosing
              confidential information of the other, except as required by law
              or court order or disclosure of information already in the public
              domain through no fault of either party to the Agreement. Both
              parties agree to notify the other of any breach of
              confidentiality.

         D.   RDS1 and the Bank agree to indemnify and hold harmless the other
              from any direct loss, damage cost or expense which the other may
              sustain or incur by reason of any wrongful use by RDSI or the
              Bank, as the case may be, or confidential information of the other
              obtained in the course of the performance of this Agreement. In no
              event, shall such indemnification extend to claims by or
              information communicated by third parties not subject to the
              Agreement.

         E.   RDSI agrees that it will comply with all applicable Federal and
              State Banking regulations governing the use of disclosure of
              information provided by the Bank.

         F.   RDSI shall establish and maintain reasonable safeguards against
              the destruction or loss of the Bank's data in the possession of
              RDSI.

         G.   RDSI will notify the Bank of any system changes that will effect
              the Bank's procedures, reports, etc.

         H.   RDS1 and the Bank each agree that all Bank information, including
              hard copy report media as well as on-line data, and all Bank
              customer data, shall be held in strict confidence, and shall be
              used only for purposes of the Agreement, and that no such
              information shall be disclosed without the prior written

RURBANC DATA SERVICES, INC.                                               PAGE 4
<PAGE>

              consent of the Bank. RDSI and Bank each agrees to take all
              reasonable precautions to prevent the disclosure to outside
              parties of the terms of this Agreement, except as required by law.

XI.      PAYMENTS AND BILLING

         Each month, RDSI will invoice the Bank for the fees referenced in
         Section III above and for any other amounts that may be owing from the
         Bank to RDSI under the terms of this Agreement. If any invoice is not
         paid in full within thirty-one (31) days after the date of the invoice,
         the unpaid portion will be subject to, and the Bank agrees to pay, a
         service charge of one percent (1%) per month on such unpaid portion.

XII.     GENERAL

         A.   The Bank acknowledges that it has not been induced to enter this
              Agreement by any representation or warranty not set forth in this
              Agreement. This Agreement, together with the addenda and schedules
              attached hereto, contain the entire agreement of the parties with
              respect to its subject matter hereof, and supersedes all existing
              agreements and all other oral, written or other communications
              with respect to such matters. This Agreement may not be modified
              in any way except by a writing signed by both parties. If at any
              time after the effective date of the Agreement, RDSI and the Bank
              agree upon the provision of additional Services not originally
              covered by this Agreement, such additional Services shall be dealt
              with in an Addendum to this Agreement signed by both RDSI and the
              Bank.

         B.   This Agreement may not be assigned by the Bank, in whole or in
              part, without the prior written consent of RDSI. This Agreement
              shall be binding upon and shall insure to the benefit of RDSI and
              the Bank and their respective successors and permitted assigns.

         C.   If any provision of the Agreement shall be held to be invalid,
              illegal or unenforceable, the validity, legality or enforceability
              of the remainder of the Agreement shall not in any way be affected
              or impaired thereby.

         D.   The Headings in this Agreement are intended for convenience of
              reference and shall not affect its interpretation.

         E.   The individuals executing this Agreement on behalf of RDSI and the
              Bank do each hereby represent and warrant that they are duly
              authorized by all necessary action to execute the Agreement on
              behalf of their respective principals.

         F.   This Agreement shall be governed by and construed in accordance
              with the laws of the State of Ohio.

         G.   Neither RDS1 nor the Bank will be responsible for delays or
              failures in performance resulting from acts reasonable beyond the
              control of that party. Such acts will include, but not be limited
              to (i) mechanical failures or breakdown of electronic data
              processing equipment, (ii) shortages in supplies or materials,
              (iii) strikes, lockouts, riots, civil disturbance, war or
              insurrection, (iv) fire, epidemics or other casualty; (v)
              earthquakes, floods, tornadoes, storms or similar acts of God,
              (vi) destruction of data communication lines, or (vii)
              governmental regulations or interference.

         H.   RDSI and the Bank agree that if at anytime documentation or other
              information is in transit via ground courier from Bank to RDSI or
              from RDSI to Bank, the party making the shipment will maintain or
              cause the courier to maintain reasonable insurance with respect to
              such items.

         I.   If at any time RDSI is required to incur costs for the express and
              limited purpose of complying with changes in the law that (i)
              occur after the effective date of this Agreement and (ii) relate
              directly to the provision Services hereunder, RDS1 will be
              entitled to charge the Bank and each of its other clients a pro
              rata fee based upon such compliance costs incurred by RDSI.

RURBANC SERVICES, INC.                                                    PAGE 5
<PAGE>

XIII.    INTERNAL REVENUE SERVICE

         As part of the Services, RDSI shall at all times attempt to comply with
         all applicable Internal Revenue Service ("IRS") reporting requirements.
         In that regard, if at any time, the IRS assesses a fine or penalty
         against the Bank based upon information provided to the IRS by RDSI,
         and RDSI, in its reasonable judgement, determines that the fine or
         penalty did not result from erroneous information previously provided
         to RDSI by the Bank, the subject to the liability limitations contained
         in Section VIII hereof, RDSI will indemnify and save the Bank harmless
         from such fines and penalties.

XIV.     ON-LINE AVAILABILITY AND OTHER MATTERS

         A.   RDSI will make every reasonable effort to have On-Line Inquiry
              Services available during the following hours:
              --------------------------------- ---------------------------
              On-Line Availability              Schedule
              --------------------------------- ---------------------------
              8:00 a.m. - 7:00 p.m.             Monday
              8:00 a.m. - 7:00 p.m.             Tuesday
              8:00 a.m. - 7:00 p.m.             Wednesday
              8:00 a.m. - 7:00 p.m.             Thursday
              8:00 a.m. - 7:00 p.m.             Friday
              8:00 a.m. - 3:00 p.m.             Saturday
              Not Available Unless Previously   Sunday
              Arranged
              Not Available Unless Previously   Scheduled Holidays
              Arranged                          *Based on Federal Reserve
                                                Holiday Schedule

              --------------------------------- ---------------------------

         B.   RDSI will provide system updates nightly for the Bank, Monday
              through Friday, excluding Federal Reserve holidays. Saturday's
              work will be posted or updated during Monday's nightly update. In
              addition, Friday's actual reports typically will not be delivered
              to the Bank until the following Monday morning, with delivery
              being made by ground courier, via the MACROFICHE Report Storage
              and Retrieval System, by the RECALL Optical Disk Systems, or by
              other RDSI supported Report Storage and Retrieval System. Although
              processing will not occur on Saturdays, the on-line system will be
              available to the Bank on Saturday, so that regular business may be
              conducted.

         C.   RDSI assures on-line availability for balance verification and
              transaction authorization to the RDSI Enterprise Server (host
              computer) at least ninety-five percent (95%) of the processing
              time each month (excluding scheduled down time for normal system
              maintenance) provided the Bank's network and data communication
              lines are available. The Bank shall be notified at least one (1)
              week in advance of any scheduled Enterprise Server (host computer)
              downtime.

         D.   On a monthly basis, RDSI will assure that its on-line computing
              facilities are available for the processing of the Bank's on-line
              trarisactions at a minimum of ninety-five percent (95%) of the
              time, measured over a calendar month at the point of departure
              from the RDSI Enterprise Server (host computer).

         E.   On-line response time is a direct function of the data
              communication line speed and the Bank's internal network. If
              requested by the Bank, RDSI, as an additional service performed at
              its standard rates, will assist the Bank in analyzing and
              maintaining an acceptable and satisfactory response time and, when
              necessary, will assist the Bank in attempting to improve the
              response time.

         F.   As part of its customer service, RDSI will endeavor to respond to
              the Bank's questions within an average response time of two (2)
              hours after RDSI is contacted at its Customer Support Center.

RURBANC DATA SERVICES, INC.                                               PAGE 6
<PAGE>

         G.   RDSI will notify the Bank of any errors in the RDSI software or
              operating system procedures that appear to impact the Bank
              whenever such errors are detected by or reported to RDSI. Such
              notification shall include a plan for correction of the error.

         H.   RDSI will provide the Bank two (2) weeks notice of any change in
              routing operating procedures. Changes falling into this category
              include but are not limited to: (i) persons to notify in the event
              of a problem; (ii) form of communications; (iii) change in
              processing or contact location; and (iv) hours of service, etc.

         L    RDSI will notify the Bank, in writing, of any enhancements or new
              releases of the RDSI software not less than one (1) week prior to
              implementation of such changes.

XV.      TERMINATION

         A.   In the event that any correct invoice submitted by RDSI to the
              Bank remains unpaid thirty-one (3 1) days after the date of the
              invoice, RDSI, at its option, may terminate this Agreement. For
              purposes of the Section XV.A. any invoice submitted by RDSI shall
              be deemed correct unless, within thirty (30) days of the date of
              the invoice, the Bank provides a written notice to RDSI which
              states, with reasonable particularity and detail, the nature of
              the claimed error.

         B.   Either RDSI or the Bank may terminate the Agreement in the event
              that (i) the other party becomes the subject of any proceeding
              under the Bankruptcy Code, or (ii) if any substantial part of the
              other party's property becomes subject to levy, seizure,
              attachment or sale by creditor or governmental agency, whether
              pursuant to a receivership proceeding or otherwise.

         C.   Either RDSI or the Bank may terminate this Agreement as provided
              in Section II above.

         D.   In addition to the termination rights previously provided for in
              this Section XV., either RDSI or the Bank may terminate this
              Agreement in the event that any other material breach of this
              Agreement by the other party is not cured within ninety (90) days
              following written notice stating, with reasonable particularity
              and detail, the nature of the claimed breach.

XVI.     REMEDIES

         A.   If at any time during the Initial Term of this Agreement, RDSI
              terminates this Agreement pursuant to Section XV.A., Section XV.B.
              or Section XV.D. above, then, RDSI shall be entitled to recover
              from the bank - in addition to any amount accrued for Services
              performed prior to the date of termination - as liquidated damages
              and not as a penalty, an amount equal to the present value of all
              payments remaining to be made hereunder for the remainder of the
              Initial Term of this Agreement. For purposes of the preceding
              sentence, the present value shall be computed using the "prime"
              rate (as published in The Wall Street Journal) in effect at the
              date of termination and "all payments remaining to be made" shall
              be calculated based on the average of RDSI's invoices for the
              three (3) months immediately preceding the date of termination.
              RDSI and the Bank acknowledge and agree that in the event of a
              termination of the character described in this Section XVI.A.,
              RDSI will suffer substantial damages that are difficult or
              impossible to quantify; that the amount calculated under the terms
              of this Section XVI.A. is a reasonable estimate of RDSI's probable
              damages; and that such amount shall be payable as liquidated
              damages hereunder in the event of any such termination. The Bank
              agrees to reimburse RDSI for any expenses, including reasonable
              attorney's fees, that RDSI incurs in enforcing its remedies under
              this Section XVI.A.

XVII.     ARBITRATION

         A.   Any dispute or controversy arising out of this Agreement of its
              interpretation shall be submitted to and resolved exclusively by
              arbitration under the rules then prevailing of the American
              Arbitration Association, upon written notice of demand for
              arbitration by the party seeking arbitration, setting

RURBANC DATA SERVICES, INC.                                               PAGE 7
<PAGE>

              forth the specifics of the matter in controversy or the claim
              being made. The Arbitration shall be heard before an arbitrator
              mutually agreeable to the parties; provided, that if the parties
              cannot agree upon the choice of arbitrator within ten (10) days
              after the first party seeking arbitration has given written notice
              thereof, the arbitration shall be heard by three arbitrators, one
              chosen by each party and the third chosen by those two
              arbitrators. The arbitrators will be selected from a panel of
              persons having experience with and knowledge of information
              technology. A hearing of the merits of any claim for which
              arbitration is sought by either party shall be commenced not later
              than ninety (90) days from the date demand for arbitration is made
              by the first party seeking arbitration. Any award by the
              arbitrator(s) in any such arbitration proceeding shall be final
              and binding upon the parties and a judgement thereon may be
              entered in any court of competent jurisdiction.

         B.   Any arbitration proceedings shall be governed by the United States
              Arbitration Act. The arbitrators shall apply the substantive law
              of the State of Ohio, without reference to provision relation to
              conflict of laws. The arbitrators shall not have the power to
              alter, modify, amend, add to or subtract from any term or
              provision of the Agreement. The arbitrators shall have the
              authority to grant any legal remedy that would have been available
              had the parties submitted the dispute to a judicial proceeding.

         C.   If arbitration is required to resolve any disputes between the
              parties, such proceeding shall be held in Columbus, Ohio or in
              such other location that is mutually agreed upon by the parties.

XVIII. DECONVERSION CONSIDERATIONS

         A.   Upon termination of this Agreement, the Bank may obtain from RDSI
              relevant data files and records for the purposes of deconversion
              to an alternative data processing system via machine readable
              media under the following pricing arrangement:

              1.   Magnetic Machine Readable Media - $150.00 per tape.
              2.   Bank agrees to purchase from RDSI, at RDSI's cost, all used
                   special form inventory previously purchased at RDSI's
                   expense.
              3.   All data processing line charges yet to be invoiced,
                   calculated to the estimated date of deconversion and actual
                   line disconnect order.
              4.   Programming and Software Deconversion Charges - $1,500.00
              5.   Additional charges, if any, directly relating to the
                   Deconversion, as assessed by Information Technology, Inc.
                   M71), Lincoln, Nebraska. These charges, if any, as determined
                   by ITI will be passed through directly to the Bank.
              6.   Reports, trials, listings, etc. - $50.00 per report.

         B.   The deconverison activities contemplated by this Section XVII.
              Shall constitute additional services hereunder and the amounts
              payable to RDSI therefore (i) shall be in addition to the fees
              called for in the Fee Schedule referenced in Section III above,
              and (ii) shall be due prior to RDSI's release of the information
              in question.

         C.   The Bank shall not be required to pay any of the deconversion fees
              or charges provided for in this Section XVIII. in the event this
              Agreement is terminated by the Bank pursuant to either Section
              XV.B. or Section XV.D. above.

XIX.     NONSOLICITATION OF EMPLOYEES

         During the term of this Agreement and for a period of twelve (12)
         months thereafter, without prior written consent of the other, neither
         RDSI nor the Bank will offer employment to or otherwise employ any
         person employed by the other if the person was involved with the
         Services provided under this Agreement.

RURBANC DATA SERVICES, INC.                                               PAGE 8
<PAGE>

XX.      PATENT INDEMNITY

         Each of RDSI and the Bank shall indemnify, defend and hold harmless the
         other from any and all claims, actions, damages, liabilities, costs and
         expenses, including without limitation reasonable attorney's fees and
         expenses, arising out of any claims of infringement of any United
         States letters patent, any trade secret, or any copyright, trademark,
         service mark, trade name or similar proprietary rights conferred by
         common law or by any law of the United States or any state alleged to
         have occurred because of systems provided or work performed. However,
         this indemnity will not apply unless the party seeking indemnity
         informs the party from whom indemnification is sought full opportunity
         to control the defense thereof, including without limitation any
         agreement relating to settlement.

XXI.     NOTICES

         All notices and other communications hereunder shall be in writing and
         will be deemed to have been given when delivered by hand or deposited
         in the United States mail, first class (or in the case of a breach,
         registered or certified, return receipt requested with proper postage,
         registration and certification fees prepaid), addressed to the party
         for whom intended at the respective addresses set forth below, or such
         other address as may be designated pursuant hereto:

         If to RDS:                                 If to the Bank:
         2010 Jefferson Avenue                      250 E. Eighth St.
         Defiance, Ohio 43512                       Holland, NE 49423
         Attention: Jon A. Brenneman                Attention: , President & CEO
                    Executive Vice President

         IN WITNESS WHEREOF, RDSI and the Bank have caused the Agreement to be
         executed and delivered by their duly authorized representatives
         effective as of the date first above written.

                                       RURBANC DATA SERVICES, INC.

                                       By: _____________________________________

                                       Title: __________________________________

                                       Macatawa Bank

                                       Commencement Date: ______________________

                                       By: _____________________________________

                                       Title:___________________________________

RURBANC DATA SERVICES, INC.                                               PAGE 9
<PAGE>

<TABLE>
<CAPTION>
                           ADDENDUM A - FEE SCHEDULE
                               PREMIER II SYSTEM

                                            # of     Cost per Account                                              Monthly
Account Type                              Accounts       per Month     Account Status                              Minimum
===============================================================================================================================
<S>                                       <C>        <C>               <C>                                         <C>
DDA                                                        $0.35       Open Accounts on file                       $100.00
DDA                                                        $0.00       Closed Accounts on file
DDA                                                        $0.05       Statement Printing @ RDSI
Savings                                                    $0.30       Open Accounts on file                       $100.00
Savings                                                    $0.00       Closed Accounts on file
Certificates of Deposit                                    $0.30       Open Accounts on file                       $100.00
Certificates of Deposit                                    $0.00       Closed Accounts on file
Loan                                                       $0.35       Open Loan Accounts on file                  $100.00
Loan                                                       $0.00       Closed Loan Accounts on file
Central Information System                                 $0.10       Per portfolio                               $100.00
Financial General Ledger
Management System                             1-500        $1.20       Per Account
                                           501-1000        $0.50       Per Account
                                              1001+        $0.25       Per Account
Addenda's                                                 $0.025       Per Addenda
Automated Clearing House (ACH)                           INCLUDED
ATM Network Support                                        $0.05       Per ATM/Debit Card Account                  $150.00

Communication Device Support
Includes PC's, CRT, Proof Machines,
Recall, Macrofiche, etc.                       1-20       $30.00       Per Device
                                                21+       $20.00       Per Device
Year End Processing; reporting and
IRS forms                                                  $0.15       Per Total Number of Accounts annually
Confirmations                                              $0.10       Per Form - ON REQUEST ONLY
Check Printing @ RDSI                                      $0.20       Per Check - ON REQUEST ONLY
Report Printing @ RDSI                                    $50.00       ON REQUEST ONLY/Flat Fee
Mailing Labels                                             $0.10       ON REQUEST ONLY
Magnetic Tape                                             $75.00       Per Tape ON REQUEST ONLY
Communications Equipment and Line
Support and Maintenance                                   $75.00       Per data line per month
Third Party Audit Review                                               Pass through charge - subject to change
 Disaster Recovery Contingency Plan Services                           Pass through charge - subject to change
</TABLE>

                                           RURBANC DATA SERVICES, Inc.

 Dated:                                    BY:
 --------------------------------          ---------------------------------

                                           TITLE:
                                           ---------------------------------

                                           Macatawa Bank
                                           Holland, MI

                                           BY:
                                           ---------------------------------

                                           TITLE:
                                           ---------------------------------
<PAGE>

                           Data Processing Agreement
                         Addendum E1 - Telebanc System
                          (Equipment Located at RDSI)

The Telebanc System is RDSI's telephone banking module, and offers several
choices for bank customer to use touch-tone telephones to access bank services.

                                                                   Per Month Per
                                                                 Total Number of
FEES                                                                    Accounts
================================================================================
RDSI Monthly Fee (With Bill Payment)                                      $0.036
RDSI Monthly Minimum                                                     $300.00

RDSI Monthly Fee (Without Bill Payment)                                   $0.029
RDSI Monthly Minimum                                                     $250.00

RDSI Monthly Telebanc Line & Interface Fee                               $100.00
RDSI Installation Fee                                                    $500.00

Other Considerations:                   Unisys Enhanced Poll Select
                                        Price of Telephone Banking
                                        Bank pays for 800 numbers and/or
                                        telephone calls Pricing
                                        based on five (5) year Data
                                        Processing Agreement One-time
                                        Script charge from
                                        Intervoice $2,000.00-5,000.00
================================================================================

Early Termination Agreement: Waived [ ]    Date: ____________
This Addendum has been licensed from ITI, based on a Three (3) Year Term. This
directly determines the price as quoted in this Addendum. In the event that the
Bank terminates this Addendum Agreement prior to the expiration date (which is
36 months from the date found on the bottom of this page), the following formula
will be used to calculate the early termination charge to be assessed to the
Bank.

The Early Termination Charge will be determined by taking the Average Total
Accounts (Loans and Deposits) previous three processing months, multiplied times
the per Account Monthly Fee, multiplied times the remaining months of this
agreement.

TYPE: ________________________________         RURBANC DATA SERVICES, INC.

                                               DATED:
                                               ---------------------------------

                                               BY:
                                               ---------------------------------
                                               TITLE:  Executive Vice President

                                               Macatawa Bank
                                               Holland, MI

                                               BY:
                                               ---------------------------------

                                               TITLE:
                                               ---------------------------------

----------------------------------------

FOR OFFICE USE ONLY
-------------------
DATE INSTALLED: __________________
DATE INVOICED: ___________________
DATE INSTALLATION
FEE INVOICED: ____________________

----------------------------------------
<PAGE>

                           Data Processing Agreement
       Addendum E5 - Third Party Pull File Electronic Banking Interface

RDSI will produce a file (Pull File) for the purpose of interfacing information
to the Bank's third party electronic banking system or software.

                                                                   Per Month Per
FEES                                                                   Pull File
================================================================================
RDSI Daily Pull File Fee                                                 $50.00
RDSI Weekly Pull File Fee                                                $40.00
RDSI Monthly Pull File Fee                                               $15.00
RDSI Premium Pull File Fee (*1st business day of the month)              $20.00

________________________________________________________________________________

                                       RURBANC DATA SERVICES, INC.

                                       DATED:
                                       -------------------------------------

                                       BY:
                                       -------------------------------------
                                       TITLE:  Executive Vice President

                                       Macatawa Bank
                                       Holland, MI

                                       BY:
                                       -------------------------------------

                                       TITLE:
                                       -------------------------------------

-----------------------------------------

FOR OFFICE USE ONLY
-------------------
DATE INSTALLED: __________________
DATE INVOICED: ___________________
DATE INSTALLATION
FEE INVOICED: _____________________

----------------------------------------
<PAGE>

                           Data Processing Agreement
                     Addendum F2 - Accounts Payable System

The Accounts Payable System provides comprehensive control of vendors, purchase
orders, invoices and checks, and introduces a new level of automation of the
effective compliments the financial information systems and the general ledger
accounting system.

                                                                   Per Month Per
                                                                 Total Number of
FEES                                                                    Accounts
================================================================================
RDSI Monthly Fee
less than 50,000 total number of accounts                                $50.000
less than 100,000 total number of accounts                              $100.000
less than 150,000 total number of accounts                              $150.000
greater than 150,000 total number of accounts                           $200.000
RDSI Monthly Minimum                                                      $50.00
RDSI Installation Fee                                                   $250.000
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
Early Termination Agreement: Waived  [ ]   Date: ____________
This Addendum has been licensed from ITI, based on a Three (3) Year Term. This
directly determines the price as quoted in this Addendum. In the event that the
Bank terminates this Addendum Agreement prior to the expiration date (which is
36 months from the date found on the bottom of this page), the following formula
will be used to calculate the early termination charge to be assessed to the
Bank.

The Early Termination Charge will be determined by taking the Average Total
Accounts (Loans and Deposits) previous three processing months, multiplied times
the per Account Monthly Fee, multiplied times the remaining months of this
agreement.

                                      RURBANC DATA SERVICES, INC.

                                      DATED:
                                      ----------------------------------------

                                      BY:
                                      ----------------------------------------
                                      TITLE:  Executive Vice President

                                      Macatawa Bank
                                      Holland, MI

                                      BY:
                                      ----------------------------------------

                                      TITLE:
                                      ----------------------------------------

-------------------------------------

FOR OFFICE USE ONLY
-------------------
DATE INSTALLED: __________________
DATE INVOICED: ___________________
DATE INSTALLATION
FEE INVOICED: ____________________

-------------------------------------
<PAGE>

                           Data Processing Agreement
                  Addendum F5 - Stockholder Accounting System

The Stockholder Accounting System provides the Bank with the tools to monitor
the purchase and sale of its stock. Up to nine different stock plans per bank
may be designed to facilitate management of different common and preferred stock
offerings.

--------------------------------------------------------------------------------
                                                                   Per Month Per
                                                                 Total Number of
                                                                     Stockholder
FEES                                                                    Accounts
--------------------------------------------------------------------------------
RDSI Monthly Fee                                                           $0.15
RDSI Monthly Minimum                                                      $25.00
RDS1 Installation Fee                                                    $250.00

--------------------------------------------------------------------------------

The SAS provides a through record of stockholders and stock plans. Cash and
stock dividends are automatically disbursed. Certificate buys and sells are
easily managed. Stock splits are easily modeled or actually performed, and proxy
mailing and tracking is completely accounted for.

--------------------------------------------------------------------------------
Early Termination Agreement: Waived [ ]    Date: ____________
This Addendum has been licensed from ITI, based on a Three (3) Year Term. This
directly determines the price as quoted in this Addendum. In the event that the
Bank terminates this Addendum Agreement prior to the expiration date (which is
36 months from the date found on the bottom of this page), the following formula
will be used to calculate the early termination charge to be assessed to the
Bank.

The Early Termination Charge will be determined by taking the Average Total
Accounts (Loans and Deposits) previous three processing months, multiplied times
the per Account Monthly Fee, multiplied times the remaining months of this
agreement

                                     RURBANC DATA SERVICES, INC.

                                     DATED:
                                     ---------------------------------------

                                     BY:
                                     ---------------------------------------
                                     TITLE:  Executive Vice President

                                     Macatawa Bank
                                     Holland, MI

                                     BY:
                                     ---------------------------------------

                                     TITLE:
                                     ---------------------------------------

-----------------------------------

FOR OFFICE USE ONLY
-------------------
DATE INSTALLED: __________________
DATE INVOICED: ___________________
DATE INSTALLATION
FEE INVOICED: ____________________

-----------------------------------
<PAGE>

                           Data Processing Agreement
                    Addendum F10 - Platform Transfer Module

                         (Loan and Deposit Interface)

                                                                   Per Month Per
                                                                 Total Number of
FEES                                                                    Accounts
--------------------------------------------------------------------------------

Platform System with Interactive Deposit Interface
RDS1 Monthly Fee                                                          $0.005
RDS1 Installation Fee                                                    $500.00
--------------------------------------------------------------------------------

Platform System with Interactive Loan Interface
RDS1 Monthly Fee                                                          $0.010
RDSI Installation Fee                                                    $500.00

--------------------------------------------------------------------------------

TYPE:_________________
Software to be Interface:________________

--------------------------------------------------------------------------------
Early Termination Agreement: Waived [_]    Date: ____________
This Addendum has been licensed from ITI, based on a Three (3) Year Term. This
directly determines the price as quoted in this Addendum. In the event that the
Bank terminates this Addendum Agreement prior to the expiration date (which is
36 months from the date found on the bottom of this page), the following formula
will be used to calculate the early termination charge to be assessed to the
Bank.

The Early Termination Charge will be determined by taking the Average Total
Accounts (Loans and Deposits) previous three processing months, multiplied times
the per Account Monthly Fee, multiplied times the remaining months of this
agreement.

                                  RURBANC DATA SERVICES, INC.

                                  DATED:
                                  -----------------------------------------

                                  BY:
                                  -----------------------------------------
                                  TITLE:  Executive Vice President

                                  Macatawa Bank
                                  Holland, MI

                                  BY:
                                  -----------------------------------------

                                  TITLE:
                                  -----------------------------------------

-------------------------------

FOR OFFICE USE ONLY
-------------------
DATE INSTALLED: ____________
DATE INVOICED: _____________
DATE INSTALLATION
FEE INVOICED: ______________

--------------------------------
<PAGE>

                           Data Processing Agreement
                    Addendum F13 - Safe Deposit Box System

The Safe Deposit Box System is a comprehensive system for managing and
controlling a safe deposit box inventory and associated customer accounts.

                                                                   Per Month Per
                                                                 Total Number of
                                                                Safe Deposit Box
FEES                                                                    ACCOUNTS
================================================================================
RDSI Monthly Fee                                                           $0.15
RDSI Monthly Minimum                                                      $25.00
RDSI Installation Fee                                                    $250.00
--------------------------------------------------------------------------------

--------------------------------------------------------------------------------
Early Termination Agreement: Waived [ ]    Date: ____________
This Addendum has been licensed from ITI, based on a Three (3) Year Term. This
directly determines the price as quoted in this Addendum. In the event that the
Bank terminates this Addendum Agreement prior to the expiration date (which is
36 months from the date found on the bottom of this page), the following formula
will be used to calculate the early termination charge to be assessed to the
Bank.

The Early Termination Charge will be determined by taking the Average Total
Accounts (Loans and Deposits) previous three processing months, multiplied times
the per Account Monthly Fee, multiplied times the remaining months of this
agreement.

                                  RURBANC DATA SERVICES, INC.

                                  DATED:
                                  ------------------------------------------

                                  BY:
                                  ------------------------------------------
                                  TITLE:  Executive Vice President

                                  Macatawa Bank
                                  Holland, MI

                                  BY:
                                  ------------------------------------------

                                  TITLE:
                                  ------------------------------------------

-----------------------------------

FOR OFFICE USE ONLY
-------------------
DATE INSTALLED: ________________
DATE INVOICED: _________________
DATE INSTALLATION
FEE INVOICED: __________________

-----------------------------------

-----------------------------------
<PAGE>

                           Data Processing Agreement
                    Addendum F14 - Credit Reporting Module

The Credit Reporting Module assigns Credit Bureau Reporting Codes and Credit
Bureau Type Codes to notes and

DDA loan accounts to streamline the reporting process.

FEES                                                                    Per Tape
================================================================================
RDSI Tape Fee                                                             $15.00

--------------------------------------------------------------------------------

*Fees are based on a per tape per credit bureau per reporting period. This
period is defined by the bank.

--------------------------------------------------------------------------------
Early Termination Agreement: Waived [_]    Date: ____________
This Addendum has been licensed from ITI, based on a Three (3) Year Term. This
directly determines the price as quoted in this Addendum. In the event that the
Bank terminates this Addendum Agreement prior to the expiration date (which is
36 months from the date found on the bottom of this page), the following formula
will be used to calculate the early termination charge to be assessed to the
Bank.

The Early Termination Charge will be determined by taking the Average Total
Accounts (Loans and Deposits) previous three processing months, multiplied times
the per Account Monthly Fee, multiplied times the remaining months of this
agreement.

                                             RURBANC DATA SERVICES, INC.

                                             DATED:
                                             -----------------------------------

                                             BY:
                                             -----------------------------------
                                             TITLE:  Executive Vice President

                                             Macatawa Bank
                                             Holland, MI

                                             BY:
                                             -----------------------------------

                                             TITLE:
                                             -----------------------------------

-----------------------------------------
FOR OFFICE USE ONLY
-------------------
DATE INSTALLED: __________________
DATE INVOICED: ___________________
DATE INSTALLATION
FEE INVOICED: ____________________
-----------------------------------------
<PAGE>

                           Data Processing Agreement
                  Addendum R1 - Insyte Report Writing System

Insyte Report Writing System is used primarily to access, create and write
reports using information and master files as of the end of the month.

FEES                                                                   Per Month
================================================================================
RDSI Monthly Insyte Fee                                                  $100.00
*Includes Insyte for Windows, Insyte File Fee
(for access to end of month files, one set of manuals for 3
 workstations)
RDSI Installation                                                        $350.00
--------------------------------------------------------------------------------

Other Considerations
--------------------
Insyte file for additional days (per file)                               $100.00
Installation for additional stations (per station)                       $ 50.00
RDSI Monthly Fees for additional stations (per station)                  $ 15.00

--------------------------------------------------------------------------------

                                             RURBANC DATA SERVICES, INC.

                                             DATED:
                                             -----------------------------------

                                             BY:
                                             -----------------------------------
                                             TITLE:  Executive Vice President

                                             Macatawa Bank
                                             Holland, MI

                                             BY:
                                             -----------------------------------

                                             TITLE:
                                             -----------------------------------

-----------------------------------------
FOR OFFICE USE ONLY
-------------------
DATE INSTALLED: __________________
DATE INVOICED: ___________________
DATE INSTALLATION
FEE INVOICED: ____________________
-----------------------------------------
<PAGE>

                           Data Processing Agreement
                 Addendum T1 - On-Line Teller Interface System

This "standard" on-line teller interface system memo posts transactions as they
occur at the teller window. The physical items are batched together and
processed later through a document capture device.

                                                                   Per Month Per
                                                                 Total Number of
FEES                                                                    Accounts
================================================================================
RDSI Monthly Fee                                                           $0.02
RDSI Monthly Minimum                                                     $100.00

--------------------------------------------------------------------------------

Interface Available:
--------------------
Premier II Teller
EZ Teller System
UNISYS PWTeller System

--------------------------------------------------------------------------------

                                             RURBANC DATA SERVICES, INC.

                                             DATED:
                                             -----------------------------------

                                             BY:
                                             -----------------------------------
                                             TITLE:  Executive Vice President

                                             Macatawa Bank
                                             Holland, MI

                                             BY:
                                             -----------------------------------

                                             TITLE:
                                             -----------------------------------

-----------------------------------------
FOR OFFICE USE ONLY
-------------------
DATE INSTALLED: __________________
DATE INVOICED: ___________________
DATE INSTALLATION
FEE INVOICED: ____________________
-----------------------------------------
<PAGE>

                           Data Processing Agreement
                Addendum M2 - Zip+4 and Delivery Point Process

This service is provided quarterly and involves extracting portfolio's that may
require nine digit zip code updates.

These portfolio's are then sent to the post office who then assigns a nine digit
zip code, inserts a delivery point and CASS certifies the bank. This allows the
bank who bar codes and has over 500 statements/mailing a postage reduction.

FEES                                                                  Unit Price
================================================================================
RDSI Monthly Minimum                                                      $15.00
*Pass through charge - subject to change

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

                                             RURBANC DATA SERVICES, INC.

                                             DATED:
                                             -----------------------------------

                                             BY:
                                             -----------------------------------
                                             TITLE:  Executive Vice President

                                             Macatawa Bank
                                             Holland, MI

                                             BY:
                                             -----------------------------------

                                             TITLE:
                                             -----------------------------------

-----------------------------------------
FOR OFFICE USE ONLY
-------------------
DATE INSTALLED: __________________
DATE INVOICED: ___________________
DATE INSTALLATION
FEE INVOICED: ____________________
-----------------------------------------
<PAGE>

                           Data Processing Agreement
              Addendum M3 - Geographic Location Coding Processing

This service is provided every six months and involves extracting all loan
accounts, sending these extractions to ITI who uses a third party vendor which
inserts MSA Codes, Census Tract information, FHA/CRA State and County codes into
portfolio's, lines and notes

FEES                                                                  Unit Price
================================================================================
RDSI Fee                                                                  $75.00
*Pass through charge - subject to change

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

                                             RURBANC DATA SERVICES, INC.

                                             DATED:
                                             -----------------------------------

                                             BY:
                                             -----------------------------------
                                             TITLE:  Executive Vice President

                                             Macatawa Bank
                                             Holland, MI

                                             BY:
                                             -----------------------------------

                                             TITLE:
                                             -----------------------------------

-----------------------------------------
FOR OFFICE USE ONLY
-------------------
DATE INSTALLED: __________________
DATE INVOICED: ___________________
DATE INSTALLATION
FEE INVOICED: ____________________
-----------------------------------------
<PAGE>

                           Data Processing Agreement
                 Addendum M6 - Errors and Omissions Insurance
                         For information purposes only

--------------------------------------------------------------------------------

RDSI will carry Errors and Omissions Insurance Coverage as follows:
Electronic Data Processing Errors and Omissions Declared
Coverage: Limit of Liability $1,000,000.00
          Deductible of $1,000.00 per claim

Errors and Omissions Insurance Coerage is Carried with Royal Insurance C ied
with Royal Insurance Company, 9300 Arrowpoint Blvd. Charlotte, NC 28217. RDSI
agrees to provide the Bank notification in the event of a change in insurance
carriers of cancellation of the policy by the insurance carriet. RDSI will
provide the Bank with a fiscal year-end financial statement each year, which is
December 31st.

--------------------------------------------------------------------------------

                                             RURBANC DATA SERVICES, INC.

                                             DATED:
                                             -----------------------------------

                                             BY:
                                             -----------------------------------
                                             TITLE:  Executive Vice President

                                             Macatawa Bank
                                             Holland, MI

                                             BY:
                                             -----------------------------------

                                             TITLE:
                                             -----------------------------------

-----------------------------------------
FOR OFFICE USE ONLY
-------------------
DATE
INSTALLED: _______________________
_________________
DATE INVOICED:
-----------------------------------------
<PAGE>

                           Data Processing Agreement
                Addendum F19 - Delinquent Child Support System

The provisions of the 1996 Personal Responsibility and Work Opportunity
Reconciliation Act (Welfare Reform) require reporting of deposit accounts to
the state agencies responsible for collecting delinquent child support payments.
There modules provide a quick and easy method for reporting to state agencies.

FEES                                                                   Per Month
================================================================================
RDS1 Monthly Fee                          $.0015/total accounts/Deposits & Loans
RDSI Monthly Minimum                                                $25.00/month
RDS1 Installation Fee                                                    $250.00
================================================================================

================================================================================

Early Termination Agreement: Waived [_]    Date: ____________
This Addendum has been licensed from ITI, based on a Three (3) Year Term. This
directly determines the price as quoted in this Addendum. In the event that the
Bank terminates this Addendum Agreement prior to the expiration date (which is
36 months from the date found on the bottom of this page), the following formula
will be used to calculate the early termination charge to be assessed to the
Bank.

The Early Termination Charge will be determined by taking the Average Total
Accounts (Loans and Deposits) previous three processing months, multiplied times
the per Account Monthly Fee, multiplied times the remaining months of this
agreement.

                                             RURBANC DATA SERVICES, INC.

                                             DATED:
                                             -----------------------------------

                                             BY:
                                             -----------------------------------
                                             TITLE:  Executive Vice President

                                             Macatawa Bank
                                             Holland, MI

                                             BY:
                                             -----------------------------------

                                             TITLE:
                                             -----------------------------------

-----------------------------------------
FOR OFFICE USE ONLY
-------------------
DATE INSTALLED: __________________
DATE INVOICED: ___________________
DATE INSTALLATION
FEE INVOICED: ____________________
-----------------------------------------

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00021-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00021-of-00352.parquet"}]]