Document:

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                                                                    EXHIBIT 10.4

                                FORM OF TWO-YEAR
                     BANKLIBERTY CHANGE IN CONTROL AGREEMENT

      This AGREEMENT ("Agreement") is hereby entered into as of ______________,
200_, by and between BANKLIBERTY (the "Bank"), a federally chartered financial
institution, with its principal offices at 16 West Franklin Street, Liberty,
Missouri 64068, _________________ ("Executive") and LIBERTY BANCORP, INC. (the
"Company"), a Missouri-chartered corporation and the holding company of the
Bank, as guarantor.

      WHEREAS, the Bank recognizes the importance of Executive to the Bank's
operations and wishes to protect his position with the Bank in the event of a
change in control of the Bank or the Company for the period provided for in this
Agreement; and

      WHEREAS, Executive and the Board of Directors of the Bank desire to enter
into an agreement setting forth the terms and conditions of payments due to
Executive in the event of a change in control and the related rights and
obligations of each of the parties.

      NOW, THEREFORE, in consideration of the promises and mutual covenants
herein contained, it is hereby agreed as follows:

1.    TERM OF AGREEMENT.

      (a)   The term of this Agreement shall be (i) the initial term, consisting
            of the period commencing on the date of this Agreement (the
            "Effective Date") and ending on the second anniversary of the
            Effective Date, plus (ii) any and all extensions of the initial term
            made pursuant to this Section 1.

      (b)   Commencing on the first anniversary of the Effective Date and
            continuing each anniversary date thereafter, the Board of Directors
            of the Bank (the "Board of Directors") may extend the term of this
            Agreement for an additional one (1) year period beyond the then
            effective expiration date, provided that Executive shall not have
            given at least sixty (60) days' written notice of his desire that
            the term not be extended.

      (c)   Notwithstanding anything in this Section to the contrary, this
            Agreement shall terminate if Executive or the Bank terminates
            Executive's employment prior to a Change in Control.

2.    CHANGE IN CONTROL.

      Upon the occurrence of a Change in Control of the Company followed at any
time during the term of this Agreement by the termination of Executive's
employment in accordance with the terms of this Agreement, other than for Cause,
as defined in Section 2(c) of this Agreement, the provisions of Section 3 of
this Agreement shall apply. Upon the occurrence of a Change in

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Control, Executive shall have the right to elect to voluntarily terminate his
employment at any time during the term of this Agreement following an event
constituting "Good Reason."

      "Good Reason" means, unless Executive has consented in writing thereto,
the occurrence following a Change in Control, of any of the following:

            (i)   the assignment to Executive of any duties materially
                  inconsistent with Executive's position, including any material
                  change in status, title, authority, duties or responsibilities
                  or any other action that results in a material diminution in
                  such status, title, authority, duties or responsibilities,
                  excluding for this purpose an isolated, insubstantial and
                  inadvertent action not taken in bad faith and that is remedied
                  by the Bank or Executive's employer reasonably promptly after
                  receipt of notice thereof given by the Executive;

            (ii)  a reduction by the Bank or Executive's employer of the
                  Executive's base salary in effect immediately prior to the
                  Change in Control;

            (iii) the relocation of the Executive's office to a location more
                  than fifty (50) miles from its location as of the date of this
                  Agreement;

            (iv)  the taking of any action by the Bank or any of its affiliates
                  or successors that would materially adversely affect the
                  Executive's overall compensation and benefits package, unless
                  such changes to the compensation and benefits package are made
                  on a non-discriminatory basis to all employees; or

            (v)   the failure of the Bank or the affiliate of the Bank by which
                  Executive is employed, or any affiliate that directly or
                  indirectly owns or controls any affiliate by which Executive
                  is employed, to obtain the assumption in writing of the Bank's
                  obligation to perform this Agreement by any successor to all
                  or substantially all of the assets of the Bank or such
                  affiliate within thirty (30) days after a reorganization,
                  merger, consolidation, sale or other disposition of assets of
                  the Bank or such affiliate.

      (b) For purposes of this Agreement, a "Change in Control" shall be deemed
to occur on the earliest of:

            (i)   Merger: The Company merges into or consolidates with another
                  corporation, or merges another corporation into the Company,
                  and as a result less than a majority of the combined voting
                  power of the resulting corporation immediately after the
                  merger or consolidation is held by

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                  persons who were stockholders of the Company immediately
                  before the merger or consolidation.

            (ii)  Acquisition of Significant Share Ownership: There is filed or
                  required to be filed a report on Schedule 13D or another form
                  or schedule (other than Schedule 13G) required under Sections
                  13(d) or 14(d) of the Securities Exchange Act of 1934, if the
                  schedule discloses that the filing person or persons acting in
                  concert has or have become the beneficial owner of 25% or more
                  of a class of the Company's voting securities, but this clause
                  (ii) shall not apply to beneficial ownership of Company voting
                  shares held in a fiduciary capacity by an entity of which the
                  Company directly or indirectly beneficially owns 50% or more
                  of its outstanding voting securities.

            (iii) Change in Board Composition: During any period of two
                  consecutive years, individuals who constitute the Company's
                  Board of Directors at the beginning of the two-year period
                  cease for any reason to constitute at least a majority of the
                  Company's Board of Directors; provided, however, that for
                  purposes of this clause (iii), each director who is first
                  elected by the board (or first nominated by the board for
                  election by the stockholders) by a vote of at least two-thirds
                  (2/3) of the directors who were directors at the beginning of
                  the two-year period shall be deemed to have also been a
                  director at the beginning of such period; or

            (iv)  Sale of Assets: The Company sells to a third party all or
                  substantially all of its assets.

      (c) Executive shall not have the right to receive termination benefits
pursuant to Section 3 hereof upon termination for Cause. The term "Cause" shall
mean termination because of Executive's personal dishonesty, incompetence,
willful misconduct, any breach of fiduciary duty involving personal profit,
intentional failure to perform stated duties, willful violation of any law,
rule, regulation (other than traffic violations or similar offenses), final
cease and desist order, or any material breach of any provision of this
Agreement. Notwithstanding the foregoing, Executive shall not be deemed to have
been terminated for Cause unless and until there shall have been delivered to
him a copy of a resolution duly adopted by the affirmative vote of a majority of
the entire membership of the Board of Directors at a meeting of the Board of
Directors called and held for that purpose (after reasonable notice to Executive
and an opportunity for him, together with counsel, to be heard before the Board
of Directors), finding that in the good faith opinion of the Board of Directors,
Executive was guilty of conduct justifying termination for Cause and specifying
the particulars thereof in detail. Executive shall not have the right to receive
compensation or other benefits for any period after termination for Cause.
During the period beginning on the date of the Notice of Termination for Cause
pursuant to Section 4 hereof through the Date of Termination, stock options
granted to Executive under any stock option plan shall not be exercisable nor
shall any unvested stock awards granted to

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Executive under any stock benefit plan of the Bank, the Company or any
subsidiary or affiliate thereof, vest. At the Date of Termination, such stock
options and any such unvested stock awards shall become null and void and shall
not be exercisable by or delivered to Executive at any time subsequent to such
termination for Cause.

3.    TERMINATION BENEFITS.

      (a) If Executive's employment is voluntarily (in accordance with Section
2(a) of this Agreement) or involuntarily terminated within two (2) years of a
Change in Control, Executive shall receive:

            (i)   a lump sum cash payment equal to two times the Executive's
                  "base amount," within the meaning of Section 280G(b)(3) of the
                  Internal Revenue Code of 1986, as amended (the "Code"). Such
                  payment shall be made not later than five (5) days following
                  Executive's termination of employment under this Section 3.

            (ii)  Continued benefit coverage under all Association health and
                  welfare plans which Executive participated in as of the date
                  of the Change in Control (collectively, the "Employee Benefit
                  Plans") for a period of 24 months following Executive's
                  termination of employment. Said coverage shall be provided
                  under the same terms and conditions in effect on the date of
                  Executive's termination of employment. Solely for purposes of
                  benefits continuation under the Employee Benefit Plans,
                  Executive shall be deemed to be an active employee. To the
                  extent that benefits required under this Section 3(b) cannot
                  be provided under the terms of any Employee Benefit Plan, the
                  Bank shall enter into alternative arrangements that will
                  provide Executive with comparable benefits.

      (b) Notwithstanding the preceding provisions of this Section 3, in no
event shall the aggregate payments or benefits to be made or afforded to
Executive under said paragraphs or otherwise (the "Termination Benefits")
constitute an "excess parachute payment" under Section 280G of the Code or any
successor thereto, and to avoid such a result, Termination Benefits will be
reduced, if necessary, to an amount (the "Non-Triggering Amount"), the value of
which is one dollar ($1.00) less than an amount equal to three (3) times
Executive's "base amount," as determined in accordance with said Section 280G.
The allocation of the reduction required hereby among the Termination Benefits
provided by this Section 3 shall be determined by Executive.

4.    NOTICE OF TERMINATION.

      (a) Any purported termination by the Bank or by Executive shall be
communicated by Notice of Termination to the other party hereto. For purposes of
this Agreement, a "Notice of Termination" shall mean a written notice which
shall indicate the specific termination provision

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in this Agreement relied upon and shall set forth in detail the facts and
circumstances claimed to provide a basis for termination of Executive's
employment under the provision so indicated.

      (b) "Date of Termination" shall mean the date specified in the Notice of
Termination (which, in the case of a termination for Cause, shall not be less
than thirty (30) days from the date such Notice of Termination is given).

5.    SOURCE OF PAYMENTS.

      All payments provided in this Agreement shall be timely paid in cash or
check from the general funds of the Bank. The Company, however, unconditionally
guarantees payment and provision of all amounts and benefits due hereunder to
Executive and, if such amounts and benefits due from the Bank are not timely
paid or provided by the Bank, such amounts and benefits shall be paid or
provided by the Company.

6.    EFFECT ON PRIOR AGREEMENTS AND EXISTING BENEFIT PLANS.

      This Agreement contains the entire understanding between the parties
hereto and supersedes any prior agreement between the Bank and Executive, except
that this Agreement shall not affect or operate to reduce any benefit or
compensation inuring to Executive of a kind elsewhere provided. No provision of
this Agreement shall be interpreted to mean that Executive is subject to
receiving fewer benefits than those available to him without reference to this
Agreement. Nothing in this Agreement shall confer upon Executive the right to
continue in the employ of the Bank or shall impose on the Bank any obligation to
employ or retain Executive in its employ for any period.

7.    NO ATTACHMENT.

      (a) Except as required by law, no right to receive payments under this
Agreement shall be subject to anticipation, commutation, alienation, sale,
assignment, encumbrance, charge, pledge, or hypothecation or to execution,
attachment, levy or similar process or assignment by operation of law, and any
attempt, voluntary or involuntary, to affect any such action shall be null, void
and of no effect.

      (b) This Agreement shall be binding upon, and inure to the benefit of,
Executive, the Bank and their respective successors and assigns.

8.    MODIFICATION AND WAIVER.

      (a) This Agreement may not be modified or amended except by an instrument
in writing signed by the parties hereto.

      (b) No term or condition of this Agreement shall be deemed to have been
waived, nor shall there be any estoppel against the enforcement of any provision
of this Agreement, except

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by written instrument of the party charged with such waiver or estoppel. No such
written waiver shall be deemed a continuing waiver unless specifically stated
therein, and each such waiver shall operate only as to the specific term or
condition waived and shall not constitute a waiver of such term or condition for
the future or as to any act other than that specifically waived.

9.    SEVERABILITY.

      If, for any reason, any provision of this Agreement, or any part of any
provision, is held invalid, such invalidity shall not affect any other provision
of this Agreement or any part of such provision not held so invalid, and each
such other provision and part thereof shall to the full extent consistent with
law continue in full force and effect.

10.   HEADINGS FOR REFERENCE ONLY.

      The headings of sections and paragraphs herein are included solely for
convenience of reference and shall not control the meaning or interpretation of
any of the provisions of this Agreement. In addition, references herein to the
masculine shall apply to both the masculine and the feminine.

11.   GOVERNING LAW.

      Except to the extent preempted by federal law, the validity,
interpretation, performance, and enforcement of this Agreement shall be governed
by the laws of the State of Missouri, without regard to principles of conflicts
of law of that State.

12.   ARBITRATION.

      Any dispute or controversy arising under or in connection with this
Agreement shall be settled exclusively by arbitration, conducted before a panel
of three arbitrators sitting in a location selected by Executive within fifty
(50) miles from the location of the Bank, in accordance with the rules of the
American Arbitration Association then in effect. Judgment may be entered on the
arbitrator's award in any court having jurisdiction; provided, however, that
Executive shall be entitled to seek specific performance of his right to be paid
until the Date of Termination during the pendency of any dispute or controversy
arising under or in connection with this Agreement.

13.   PAYMENT OF LEGAL FEES.

      All reasonable legal fees paid or incurred by Executive pursuant to any
dispute or question of interpretation relating to this Agreement shall be paid
or reimbursed by the Bank, only if Executive is successful pursuant to a legal
judgment, arbitration or settlement.

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14.   INDEMNIFICATION.

      The Company or the Bank shall provide Executive (including his heirs,
executors and administrators) with coverage under a standard directors' and
officers' liability insurance policy at its expense and shall indemnify
Executive (and his heirs, executors and administrators) to the fullest extent
permitted under applicable law against all expenses and liabilities reasonably
incurred by him in connection with or arising out of any action, suit or
proceeding in which he may be involved by reason of his having been a director
or officer of the Company or the Bank (whether or not he continues to be a
director or officer at the time of incurring such expenses or liabilities), such
expenses and liabilities to include, but not be limited to, judgments, court
costs, attorneys' fees and the cost of reasonable settlements.

15.   SUCCESSORS TO THE BANK AND THE COMPANY.

      The Bank and the Company shall require any successor or assignee, whether
direct or indirect, by purchase, merger, consolidation or otherwise, to all or
substantially all of the business or assets of the Bank or the Company,
expressly and unconditionally to assume and agree to perform the Bank's and the
Company's obligations under this Agreement, in the same manner and to the same
extent that the Bank and the Company would be required to perform if no such
succession or assignment had taken place.

16.   REQUIRED PROVISIONS. In the event any of the foregoing provisions of this
Section 16 are in conflict with the terms of this Agreement, this Section 16
shall prevail.

      (a) The Bank's board of directors may terminate Executive's employment at
any time, but any termination by the Bank, other than Termination for Cause,
shall not prejudice Executive's right to compensation or other benefits under
this Agreement. Executive shall not have the right to receive compensation or
other benefits for any period after Termination for Cause as defined in Section
4(b) hereinabove.

      (b) If Executive is suspended from office and/or temporarily prohibited
from participating in the conduct of the Bank's affairs by a notice served under
Section 8(e)(3) or 8(g)(1) of the Federal Deposit Insurance Act, 12 U.S.C.
Section 1818(e)(3) or (g)(1); the Bank's obligations under this contract shall
be suspended as of the date of service, unless stayed by appropriate
proceedings. If the charges in the notice are dismissed, the Bank may in its
discretion: (i) pay Executive all or part of the compensation withheld while
their contract obligations were suspended; and (ii) reinstate (in whole or in
part) any of the obligations which were suspended.

      (c) If Executive is removed and/or permanently prohibited from
participating in the conduct of the Bank's affairs by an order issued under
Section 8(e)(4) or 8(g)(1) of the Federal Deposit Insurance Act, 12 U.S.C.
Section 1818(e)(4) or (g)(1), all obligations of the Bank under this contract
shall terminate as of the effective date of the order, but vested rights of the
contracting parties shall not be affected.

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      (d) If the Bank is in default as defined in Section 3(x)(1) of the Federal
Deposit Insurance Act, 12 U.S.C. Section 1813(x)(1) all obligations of the Bank
under this contract shall terminate as of the date of default, but this
paragraph shall not affect any vested rights of the contracting parties.

      (e) All obligations under this contract shall be terminated, except to the
extent determined that continuation of the contract is necessary for the
continued operation of the Bank: (i) by the Director of the OTS (or his
designee), at the time the FDIC enters into an agreement to provide assistance
to or on behalf of the Bank under the authority contained in Section 13(c) of
the Federal Deposit Insurance Act, 12 U.S.C.Section 1823(c); or (ii) by the
Director of the OTS (or his designee) at the time the Director (or his designee)
approves a supervisory merger to resolve problems related to the operations of
the Bank or when the Bank is determined by the Director to be in an unsafe or
unsound condition. Any rights of the parties that have already vested, however,
shall not be affected by such action.

      (f) Any payments made to employees pursuant to this Agreement, or
otherwise, are subject to and conditioned upon their compliance with 12 U.S.C.
Section 1828(k) and FDIC regulation 12 C.F.R. Part 359, Golden Parachute and
Indemnification Payments.

      (g) Notwithstanding anything in this Agreement to the contrary, if the
Company or the Bank in good faith determines that amounts that, as of the
effective date of the Executive's termination of employment are or may become
payable to the Executive upon termination of his employment hereunder are
required to be suspended or delayed for six (6) months in order to satisfy the
requirements of Section 409A of the Internal Revenue Code, then the Company or
the Bank will so advise the Executive, and any such payments shall be suspended
and accrued for six months, whereupon they shall be paid to the Executive in a
lump sum (together with interest thereon at the then-prevailing prime rate).

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                                   SIGNATURES

      IN WITNESS WHEREOF, BankLiberty and Liberty Bancorp, Inc. have caused this
Agreement to be executed and their seals to be affixed hereunto by their duly
authorized officers, and Executive has signed this Agreement, on the ____ day of
_________________, 200__.

ATTEST:                                    BANKLIBERTY

                                           By:
--------------------------                     ---------------------------------
Corporate Secretary                            For the Entire Board of Directors

ATTEST:                                    LIBERTY BANCORP, INC.
                                                (GUARANTOR)

                                           By:
--------------------------                     ---------------------------------
Corporate Secretary                            For the Entire Board of Directors

      [SEAL]

WITNESS:                                   EXECUTIVE

--------------------------                 -------------------------------------
Corporate Secretary

                                       9<PAGE>
                                                                    Exhibit 10.5

                              LIBERTY SAVINGS BANK
             RETIREMENT PLAN FOR NON-EMPLOYEE DIRECTORS, AS AMENDED

     The Board of Directors of Liberty Savings Bank has adopted this Retirement
Plan for Non-Employee Directors, effective upon completion of the Bank's mutual
holding company reorganization, subject to receipt of all required regulatory
approvals.

                                    ARTICLE I

                                   DEFINITIONS

     "Bank" shall mean Liberty Savings Bank.

     "Benefits" shall mean, collectively, the benefits payable under Articles
II, III and IV of the Plan.

     "Board" shall mean the Board of Directors of the Bank.

     "Change in Control" shall mean when a company or a person has acquired
Control of the Bank or its holding company, as defined in the regulations of the
Office of Thrift Supervision found at 12 C.F.R. 574, but shall not include
Control of the Bank by Liberty Savings Mutual Holding Company.

     "Company" shall mean Liberty Savings Mutual Holding Company.

     "Director" shall mean a member of the Board.

     "Disability" shall have the meaning set forth in, Section 22(e)(3) of the
Internal Revenue Code of 1986, as amended from time to time.

     "Effective Date" shall have the meaning set forth in Article XV.

     "Participant" means a Director who is a Director on the Effective Date and
who either (i) is not an employee of the Bank or of the Company on the Effective
Date, or (ii) is an employee of the Bank or of the Company on the Effective
Date, and continues to serve as a Director after terminating such employment.

     "Plan" shall mean this Liberty Savings Bank Retirement Plan for
Non-Employee Directors.

     "Surviving Spouse" means the husband or wife of a director at the time of
the Director's death, provided they are not then divorced or legally separated.

     "Vested Percentage" shall be determined based on the number of the
Participant's full years of service on the Board, whether before or after the
Effective Date, and shall be determined according to the following schedule:

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<TABLE>
<CAPTION>
Full Years of Service     Participant's
     On the Board       Vested Percentage
---------------------   -----------------
<S>                     <C>
     Less than 10                0%
     10 to 14                   25%
     15 to 19                   50%
     20 to 24                   75%
     25 or More                100%
</TABLE>

                                   ARTICLE II

                               RETIREMENT BENEFITS

     In the event that a Participant's service on the Board terminates for any
reason other than his death or his Disability, the Bank shall pay the
Participant an annual payment for ten years in an amount per year equal to the
product of his Vested Percentage, and $8,000; provided, however, that a
Participant shall not be entitled to such retirement benefits if his service on
the Board terminates for any reason other than death or disability during the
two year period commencing on August 23, 1993 (the date of consummation of the
Bank's mutual holding company reorganization) and ending on August 22, 1995. The
payments due under this Article shall begin on the first day of the second month
following the date of the Participant's termination of service on the Board, and
shall thereafter be made on the annual anniversary dates of such first payment
date. Except as provided in Article IV, no Benefits shall be payable hereunder
after the death of the Participant.

                                   ARTICLE III

                               DISABILITY BENEFITS

     In the event that a Participant's service on the Board terminates due to
his Disability, the Bank shall pay the Participant an annual payment for ten
years in an amount equal to $8,000. The payments due under this Article shall
begin on the first day of the second month following the date of the
Participant's termination of service, and shall thereafter be made on the annual
anniversary dates of such first payment date. Except as provided in Article IV,
no benefits shall be payable hereunder after the death of the Executive.

                                   ARTICLE IV

                                 DEATH BENEFITS

     In the event that a Participant dies before collecting any of the Benefits
provided under Article II or III, the Bank shall pay to the Participant's
Surviving Spouse (if any) the monthly amounts otherwise payable under Article II
or III, with such payments being made as though the Participant had both
terminated service on the Board on the date of his death, then had a Vested
Percentage equal to 100%, and survived to collect all Benefits payable under
Article II or III. On the other hand, in the event that a Participant dies after
commencing to receive the Benefits

<PAGE>

provided under Article II or III, the Bank shall pay to the Participant's
Surviving Spouse (if any) the monthly payment then being made to the participant
with the period for such payments being determined as though the Participant had
survived to collect all Benefits payable under Article II or III. In either
event, such payment of benefits shall commence on the first day of the second
month following the date of the Participant's death, and shall thereafter be
made on the first day of each month thereafter, until the period for making
payments shall have expired. In no event shall the period for making payments
exceed a total of ten years, including payments made to the Participant and the
Participant's Surviving Spouse. No Benefits shall be payable hereunder to anyone
other than a Surviving Spouse, and shall terminate on the death of a Surviving
Spouse.

                                    ARTICLE V

                               SOURCE OF BENEFITS

     Benefits shall constitute an unfunded, unsecured promise by the Bank to
provide such payments in the future, as and to the extent such Benefits become
payable. Benefits shall be paid from the general assets of the Bank, and no
person shall, by virtue of this Plan, have any interest in such assets (other
than as an unsecured creditor of the Bank). In the event that a trust is
established as described herein at Article VIII, the trustee of such trust shall
inform the Board annually prior to the commencement of each fiscal year as to
the manner in which such trust assets shall be invested.

                                   ARTICLE VI

                                   ASSIGNMENT

     Except as otherwise provided by this Plan, it is agreed that neither the
Participant nor his Surviving Spouse nor any other person or persons shall have
any right to commute, sell, assign, transfer, encumber and pledge or otherwise
convey the right to receive any Benefits hereunder, which Benefits and the
rights thereto are expressly declared to be nonassignable and nontransferable.

                                   ARTICLE VII

                            NO RETENTION OF SERVICES

     The Benefits payable under this Plan shall be independent of, and in
addition to, any other compensation payable by the Bank to a Participant,
whether fees, bonus, retirement income under employee benefit plans sponsored or
maintained by the Company or the Bank, or otherwise. This Plan shall not be
deemed to constitute a contract of employment between the Bank and any
Participant.

<PAGE>

                                  ARTICLE VIII

                               RIGHTS OF DIRECTORS

     The rights of the Directors under this Plan and of their Surviving Spouse
(if any) shall be solely those of unsecured creditors of the Bank. In the event
that the Bank shall establish an irrevocable trust to be attached as Schedule A
hereto ("Trust Plan"), such assets of the Bank may be held by such trust
pursuant to such Trust Plan, subject to claims by general creditors of the Bank
by appropriate judicial action as provided by such Trust Plan.

                                   ARTICLE IX

                   AUTOMATIC CASH-OUT UPON A CHANGE IN CONTROL

     The provisions of this Article shall supersede any provisions of this Plan
to the contrary. In the event of a Change in Control while a Participant is
serving on the Board, the Participant's Vested Percentage shall become 100%, and
the present value of his Benefits shall be due and payable to the Participant
(or his Surviving Spouse (if any), in the event of his death) in one lump-sum
payment within 10 days following such Change in Control. In the event of a
Change in Control after a Participant terminates service on the Board, the
present value of any Benefits not yet paid to the Participant (or his Surviving
Spouse (if any), in the event of his death) shall be due and payable to the
Participant (or his Surviving Spouse (if any), in the event of his death) in one
lump-sum payment within 10 days following such Change in Control.

                                    ARTICLE X

                                 REORGANIZATION

     The Bank agrees that it will not merge or consolidate with any other
corporation or organization, or permit its business activities to be taken over
by any other organization, unless and until the succeeding or continuing
corporation or other organization shall expressly assume the rights and
obligations of the Bank herein set forth. The Bank further agrees that it will
not cease its business activities or terminate its existence, other than as
heretofore set forth in this paragraph, without having made adequate provision
for the fulfillment of its obligation hereunder.

                                   ARTICLE XI

                            AMENDMENT AND TERMINATION

     The Board may amend or terminate the Plan at any time, provided that no
such amendment or termination shall, without the written consent of an affected
Participant, alter or impair any rights of the Participant under the Plan.

<PAGE>

                                   ARTICLE XII

                                    STATE LAW

     This Plan shall be construed and governed in all respects under and by the
laws of the State of Missouri, except as Federal law may apply. If any provision
of this Plan shall be held by a court of competent jurisdiction to be invalid or
unenforceable, the remaining provisions hereof shall continue to be fully
effective.

                                  ARTICLE XIII

                   TERMINATION OR SUSPENSION UNDER FEDERAL LAW

     If the Participant is removed and/or permanently prohibited from
participating in the conduct of the Bank's affairs by an order issued under
Sections 8(e)(4) or 8(g)(1) of the Federal Deposit Insurance Act ("FDIA") (12
U.S.C. 1818(e)(4) or (g)(1)), all obligations of the Bank under this Plan shall
terminate, as of the effective date of the order, but vested rights of the
parties shall not be affected.

     If the Bank is in default (as defined in Section 3(x)(1) of FDIA), all
obligations under this Plan shall terminate as of the date of default; however,
this Paragraph shall not affect the vested rights of the parties.

     All obligations under this Plan shall terminate, except to the extent that
continuation of this Plan is necessary for the continued operation of the Bank:
(i) by the Director of the Office of Thrift Supervision ("Director of OTS"), or
his or her designee, at the time that the Federal Deposit Insurance Corporation
("FDIC") or the Resolution Trust Corporation enters into an agreement to provide
assistance to or on behalf of the Bank under the authority contained in Section
13(c) of FDIA; or (ii) by the Director of the OTS, or his or her designee, at
the time that the Director of the OTS, or his or her designee approves a
supervisory merger to resolve problems related to operation of the Bank or when
the Bank is determined by the Director of the OTS to be in an unsafe or unsound
condition. Such action shall not affect any vested rights of the parties.

     If a notice served under Section 8(e)(3) or (g)(1) of the FDIA (12 U.S.C.
1818(e)(3) or (g)(1)) suspends and/or temporarily prohibits the Participant from
participating in the conduct of the Bank's affairs, the Bank's obligations under
this Plan shall be suspended as of the date of such service, unless stayed by
appropriate proceedings. If the charges in the notice are dismissed, the Bank
may in its discretion (i) pay the Participant all or part of the compensation
withheld while its contract obligations were suspended, and (ii) reinstate (in
whole or in part) any of its obligations which were suspended.

<PAGE>

                                   ARTICLE XIV

                                    HEADINGS

     Headings and subheadings in this Plan are inserted for convenience and
reference only and constitute no part of this Plan.

                                   ARTICLE XV

                                     GENDER

     This Plan shall be construed, where required, so that the masculine gender
includes the feminine.

                                   ARTICLE XVI

                                 EFFECTIVE DATE

     The effective date of this Plan shall be the date of completion of the
Bank's mutual holding company reorganization, and this Plan shall be contingent
on such mutual holding company reorganization. Unless terminated earlier in
accordance with Article XI, this Plan shall remain in effect during the term of
service of the Participants and until all Benefits payable hereunder have been
made.

                                  ARTICLE XVII

                           INTERPRETATION OF THE PLAN

     The Board shall have sole and absolute discretion to administer, construe,
and interpret the Plan, and the decisions of the Board shall be conclusive and
binding on all affected parties (unless such decisions are arbitrary and
capricious).

                                  ARTICLE XVIII

                                   LEGAL FEES

     In the event any dispute shall arise between a Director and the Bank as to
the terms or interpretation of this Plan, whether instituted by formal legal
proceedings or otherwise, including any action taken by a Director to enforce
the terms of this Plan or in defending against any action taken by the Bank, the
Bank shall reimburse the Director for all costs and expenses, including
reasonable attorneys' fees, arising from such dispute, proceedings or actions;
provided that the Director has obtained a final judgment by a court of competent
jurisdiction (or a settlement of such dispute, proceedings, or actions)
substantially in his favor. Such reimbursements to a Director shall be paid
within 10 days of the later of the (i) judgement in his favor or settlement; and
(ii) the Director furnishing to the Bank written evidence, which may be in the
form, among other things, of a cancelled check or receipt, of any costs or
expenses incurred by the Director.
<PAGE>
                    [LIBERTY SAVINGS BANK, F.S.B. LETTERHEAD]

June 16, 2004

Robert T. Sevier
9410 Willow Road
Liberty, MO 64068

     Re: Retirement Benefits

Dear Robert:

     The purpose of this letter is to set forth our mutual understanding of the
non-stock related benefits that will be provided to you by Liberty Savings Bank,
F.S.B. (the "Bank") following your termination of Board service on account of
retirement or disability.

     As you know, the Bank adopted the Retirement Plan for Non-Employee
Directors (the "Retirement Plan") in connection with its mutual holding company
reorganization. The Retirement Plan provides for death, disability and
retirement benefits. The Retirement Plan provides participants with the
following retirement and disability benefits:

     A.   RETIREMENT BENEFIT A participant is entitled to an annual payment for
          ten (10) years in an amount per year equal to the participant's vested
          percentage and $8,000.

     B.   DISABILITY BENEFIT A participant is entitled to an annual payment for
          ten (10) years in an amount equal to $8,000 per year.

     The Retirement Plan further provides, in the event a participant dies
before collecting his retirement or disability benefit, the participant's
surviving spouse, if any, is entitled to the payments the participant would have
received had the participant terminated service on the date of his death with a
100% vested percentage.

     Pursuant to our discussions, the Bank is hereby offering you an alternative
benefit in lieu of the retirement, disability and death benefits provided under
Articles II, III and IV of the Retirement Plan. In exchange for forfeiting your
rights to these benefits under the Retirement Plan, the Bank will provide you
with an annual cash payment for ten (10) years in the amount of $15,000 per
year. In the event you die prior to commencing or receiving your annual payments
under this letter agreement, your surviving spouse (if any) will be entitled to
the payments you

<PAGE>

Robert T. Sevier
June 16, 2004
Page 2

would have received. Your participation in the Retirement Plan in all other
respects will be governed by the Retirement Plan as it might apply from time to
time.

     In addition to the annual cash payment provided herein, the Bank also
agrees to provide you and your spouse (if any) with post-retirement health
insurance coverage for a period of twenty (20) years following your termination
of Board service. In the event you die prior to receiving your health coverage
under this letter agreement, your surviving spouse (if any) will be entitled to
the coverage she would have received had you terminated service for retirement
or disability. Notwithstanding the foregoing, your Bank-provided health
insurance coverage shall not exceed $500 per month. This agreement regarding
health insurance coverage supersedes all other agreements (written or verbal)
that you may have with the Bank.

     If you are willing to accept the foregoing alternative benefits in lieu of
your current post-retirement health insurance coverage benefits and those
benefits provided under Articles II, III and IV of the Retirement Plan, please
acknowledge the same in the place provided below.

                                        Sincerely,

                                        /s/ Brent M. Giles
                                        ----------------------------------------
                                        Brent M. Giles
                                        Chief Executive Officer

Accepted and Agreed:

/s/ Robert T. Sevier
-------------------------------------

June 28, 2004

                                        2

<PAGE>

                    [LIBERTY SAVINGS BANK, F.S.B. LETTERHEAD]

June 16, 2004

Marvin Weishaar
638 North Fairview
Liberty, MO 64068

     Re: Retirement Benefits

Dear Marvin:

     The purpose of this letter is to set forth our mutual understanding of the
non-stock related benefits that will be provided to you by Liberty Savings Bank,
F.S.B. (the "Bank") following your termination of Board service on account of
retirement or disability.

     As you know, the Bank adopted the Retirement Plan for Non-Employee
Directors (the "Retirement Plan") in connection with its mutual holding company
reorganization. The Retirement Plan provides for death, disability and
retirement benefits. The Retirement Plan provides participants with the
following retirement and disability benefits:

     A.   RETIREMENT BENEFIT A participant is entitled to an annual payment for
          ten (10) years in an amount per year equal to the participant's vested
          percentage and $8,000.

     B.   DISABILITY BENEFIT A participant is entitled to an annual payment for
          ten (10) years in an amount equal to $8,000 per year.

     The Retirement Plan further provides, in the event a participant dies
before collecting his retirement or disability benefit, the participant's
surviving spouse, if any, is entitled to the payments the participant would have
received had the participant terminated service on the date of his death with a
100% vested percentage.

     Pursuant to our discussions, the Bank is hereby offering you an alternative
benefit in lieu of the retirement, disability and death benefits provided under
Articles II, III and IV of the Retirement Plan. In exchange for forfeiting your
rights to these benefits under the Retirement Plan, the Bank will provide you
with an annual cash payment for ten (10) years in the amount of $15,000 per
year. In the event you die prior to commencing or receiving your annual payments
under this letter agreement, your surviving spouse (if any) will be entitled to
the payments you

<PAGE>

Marvin Weishaar
June 16, 2004
Page 2

would have received. Your participation in the Retirement Plan in all other
respects will be governed by the Retirement Plan as it might apply from time to
time.

     In addition to the annual cash payment provided herein, the Bank also
agrees to provide you and your spouse (if any) with post-retirement health
insurance coverage for a period of twenty (20) years following your termination
of Board service. In the event you die prior to receiving your health coverage
under this letter agreement, your surviving spouse (if any) will be entitled to
the coverage she would have received had you terminated service for retirement
or disability. Notwithstanding the foregoing, your Bank-provided health
insurance coverage shall not exceed $500 per month. This agreement regarding
health insurance coverage supersedes all other agreements (written or verbal)
that you may have with the Bank.

     If you are willing to accept the foregoing alternative benefits in lieu of
your current post-retirement health insurance coverage benefits and those
benefits provided under Articles II, III and IV of the Retirement Plan, please
acknowledge the same in the place provided below.

                                        Sincerely,

                                        /s/ Brent M. Giles
                                        ----------------------------------------
                                        Brent M. Giles
                                        Chief Executive Officer

Accepted and Agreed:

/s/ Marvin J. Weishaar
-------------------------------------

June 17, 2004

                                        2

<PAGE>

                    [LIBERTY SAVINGS BANK, F.S.B. LETTERHEAD]

June 16, 2004

Ralph W. Brant, Jr.
653 Butternut Court
Liberty, MO 64068

     Re: Retirement Benefits

Dear Ralph:

     The purpose of this letter is to set forth our mutual understanding of the
non-stock related benefits that will be provided to you by Liberty Savings Bank,
F.S.B. (the "Bank") following your termination of Board service on account of
retirement or disability.

     As you know, the Bank adopted the Retirement Plan for Non-Employee
Directors (the "Retirement Plan") in connection with its mutual holding company
reorganization. The Retirement Plan provides for death, disability and
retirement benefits. The Retirement Plan provides participants with the
following retirement and disability benefits:

     A.   RETIREMENT BENEFIT A participant is entitled to an annual payment for
          ten (10) years in an amount per year equal to the participant's vested
          percentage and $8,000.

     B.   DISABILITY BENEFIT A participant is entitled to an annual payment for
          ten (10) years in an amount equal to $8,000 per year.

     The Retirement Plan further provides, in the event a participant dies
before collecting his retirement or disability benefit, the participant's
surviving spouse, if any, is entitled to the payments the participant would have
received had the participant terminated service on the date of his death with a
100% vested percentage.

     Pursuant to our discussions, the Bank is hereby offering you an alternative
benefit in lieu of the retirement, disability and death benefits provided under
Articles II, III and IV of the Retirement Plan. In exchange for forfeiting your
rights to these benefits under the Retirement Plan, the Bank will provide you
with an annual cash payment for ten (10) years in the amount of $15,000 per
year. In the event you die prior to commencing or receiving your annual payments
under this letter agreement, your surviving spouse (if any) will be entitled to
the payments you

<PAGE>

Ralph W. Brant, Jr.
June 16, 2004
Page 2

would have received. Your participation in the Retirement Plan in all other
respects will be governed by the Retirement Plan as it might apply from time to
time.

     In addition to the annual cash payment provided herein, the Bank also
agrees to provide you and your spouse (if any) with post-retirement health
insurance coverage for a period of twenty (20) years following your termination
of Board service. In the event you die prior to receiving your health coverage
under this letter agreement, your surviving spouse (if any) will be entitled to
the coverage she would have received had you terminated service for retirement
or disability. Notwithstanding the foregoing, your Bank-provided health
insurance coverage shall not exceed $500 per month. This agreement regarding
health insurance coverage supersedes all other agreements (written or verbal)
that you may have with the Bank.

     If you are willing to accept the foregoing alternative benefits in lieu of
your current post-retirement health insurance coverage benefits and those
benefits provided under Articles II, III and IV of the Retirement Plan, please
acknowledge the same in the place provided below.

                                        Sincerely,

                                        /s/ Brent M. Giles
                                        ----------------------------------------
                                        Brent M. Giles
                                        Chief Executive Officer

Accepted and Agreed:

/s/ Ralph W. Brant, Jr.
-------------------------------------

June 16, 2004

                                        2

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