Document:

Prepared by MerrillDirect

Exhibit 10.19

PLAN OF REORGANIZATION AND MERGER AGREEMENT

          This Plan of Reorganization and Merger
Agreement is dated as of December 31, 2000, and is entered into by and between
Community First State Bank, a South Dakota banking corporation with its principal
office in Vermillion, South Dakota (the "Target Bank"), and Community
First National Bank, national banking association with its principal office in
Fargo, North Dakota (the "North Dakota Bank"and, collectively with
the Target Bank, the "Banks").

          The Boards of Directors of the Banks
deem it fair and equitable to, and in the best interests of, their respective
shareholders, that the Target Bank be merged with and into the North Dakota
Bank, with the North Dakota Bank being the Surviving Bank (as hereinafter
defined), on the terms and conditions herein set forth under and pursuant to
the National Bank Act (the "Act"). 
Each such Board of Directors has approved this Plan of Reorganization
and Merger Agreement, has authorized its execution and delivery and has
directed that this Plan of Reorganization and Merger Agreement and the Merger
be submitted to its respective shareholders for approval.

          NOW, THEREFORE, in consideration of
the promises and the mutual agreements, provisions and covenants herein
contained, the parties hereto adopt and agree to the following agreements,
terms and conditions relating to the merger of the Target Bank with and into
the North Dakota Bank (hereinafter, the "Merger") and the mode of
carrying the same into effect.

          1.       Merger.  The Target Bank will be merged with and into
the North Dakota Bank, which will be the surviving corporation (hereinafter
called the "Surviving Bank" whenever reference is made to it as of
the Closing Date or thereafter).  Such
Merger will be pursuant to the provisions of and with the effect provided in
the Act.  The date or dates when the
Merger will be consummated is hereinafter referred to as the "Closing
Date" as defined in Section 12 below.

          2.       Name.  The name of the Surviving Bank will be
"Community First National Bank."

          3.       Board
of Directors; Officers.  The Board
of Directors of the Surviving Bank at the Closing Date will consist of the
following individuals:  Keith A.
Dickleman, Thomas E. Hanson, Robert W. Jorgenson, Gary A. Knutson, David A. Lee
and Charles A. Mausbach.

Such
directors will serve as directors of the Surviving Bank until the next annual
meeting of the Surviving Bank or until such time as their successors have been
elected and have qualified.  Additional
directors may be appointed from time to time as set forth in the Surviving
Bank's Articles of Association and Bylaws. 
The executive officers of the Surviving Bank shall consist of the
following individuals:  David A. Lee,
Chairman, President and Chief Executive Officer; and Thomas R. Anderson, Chief
Investment Officer. Other officers of the Bank shall be appointed from time to
time by the Board of Directors of the Surviving Bank.  Such officers will serve until their successors are elected or
appointed in accordance with the Bylaws of the Surviving Bank.

          4.       Capital
of the Surviving Bank.  The amount
of capital stock of the Surviving Bank shall be $10,000,000 divided into
100,000 shares of common stock, each of $100.00  par value, and at the time the merger shall become effective, the
Surviving Bank shall have a surplus of not less than $308,072,000 and undivided
profits, including capital reserves, which when combined with the capital and
surplus will be equal to the combined capital structures of the merging banks
before the Merger, adjusted however, for the capital reduction proposed
incident to consummation of the merger, and for normal earnings and expenses
(and if applicable, purchase accounting adjustments) between September 31,
2000, and the effective time of the Merger.

          5.       Articles
of Association.  Effective as of the
time this Merger shall become effective as specified in the merger approval to
be issued by the Comptroller of the Currency, the articles of association of
the Surviving Bank shall read in their entirety as set forth in Exhibit A
hereto.

          6.       Bylaws.  The Bylaws of the North Dakota Bank in
effect at the time of this Merger shall continue as the Bylaws of the Surviving
Bank.

          7.       Effect
of the Merger.  At the Closing Date,
the separate corporate existence of the Banks will cease, and the Banks will
become a single bank, the Surviving Bank, as provided in Section 215a of the
Act.  The Surviving Bank will thereafter
have all the rights, privileges, immunities, and powers, and be subject to all
the duties and liabilities of a corporation incorporated under the Act.  The Surviving Bank will thereafter possess
all the rights, privileges, immunities, and franchises of a public as well as
of a private nature of the Banks, respectively; and all property, real,
personal, and mixed and all debts due on any account, including subscriptions
for shares, and all other choses in action, and every other interest of or
belonging to or due to the Banks will vest in the Surviving Bank without any
further act or deed.  As of the Closing
Date, the Surviving Bank will be responsible and liable for all the liabilities
and obligations of the Banks; a claim of or against or a pending proceeding by
or against either of the Banks may be prosecuted as if the Merger had not taken
place, or the Surviving Bank may be substituted in place of either of the
Banks.  Neither the rights of creditors
nor any liens upon the property of either of the Banks will be impaired by the
Merger.

          8.       Cancellation
and Reissuance of Common Stock.  At
the Closing Date, each share of Common Stock of the North Dakota Bank validly
issued and outstanding immediately prior to the Closing Date will remain issued
and outstanding as shares of the Surviving Bank.  Each share of Common Stock of the Target Bank validly issued and
outstanding immediately prior to the Closing Date will be canceled.

9.       Shareholder Approval.  This Plan of Reorganization and Merger
Agreement will be submitted to the respective shareholders of the Banks for
ratification and confirmation by consent or at meetings to be called and held
in accordance with the applicable provisions of law and the respective Articles
of Association and Bylaws of the Banks. 
The Banks will proceed expeditiously and cooperate fully in the procurement
of any other consents and approvals and in the taking of any other action, and
the satisfaction of all other requirements prescribed by law or otherwise,
necessary for consummation of the Merger, and the other transactions
contemplated by this Agreement on the terms herein provided.

          10.     Termination.  This Plan of Reorganization and Merger
Agreement may be terminated and the Merger abandoned by mutual consent of the
respective Boards of Directors of the Banks at any time prior to the Closing
Date.

          11.     Waivers;
Amendments.  Any of the Banks may,
at any time prior to the Closing Date, by action taken by its Board of
Directors or officers thereunto authorized, waive the performance of any of the
obligations of the other or waive compliance by the other with any of the
covenants or conditions contained in this Plan of Reorganization and Merger
Agreement or agree to the amendment or modification of this Plan of
Reorganization and Merger Agreement by an agreement in writing executed in the
same manner as this Plan of Reorganization and Merger Agreement.

          12.     Closing
Date.  The Merger will become
effective on the day on which the Office of the Comptroller of the Currency
shall declare the Merger effective (the "Closing Date").  The Merger may, at the election of the North
Dakota Bank and with the consent of the Comptroller of the Currency, be
consummated in stages, involving such Target Bank as may be appropriate, in
order to effectuate an orderly data processing conversion and consolidation of
operations of the Banks.

          13.     Captions.  The captions in this Plan of Reorganization
and Merger Agreement are for convenience only and will not be considered a part
of or affect the construction or interpretation of any provision of this Plan
of Reorganization and Merger Agreement. 
This Plan of Reorganization and Merger Agreement may be executed in
several counterparts, each of which will constitute one and the same
instrument.

          14.     Governing
Law.  This Plan of Reorganization
and Merger Agreement is to be construed and interpreted in accordance with the
laws of the United States.

          WITNESS, the signature of said merging
Banks as of this 22 day of December, 2000, each set by its authorized officer
and attested thereto, pursuant to a resolution of its Board of Directors,
acting by a majority.

	 
  	 
  	
  COMMUNITY FIRST STATE BANK
  	 
  
	 
  	 
  	
  Vermillion, South Dakota
  	 
  
	 
  	 
  	 
  	 
  
	 

  	 

  	

By
  /s/ Thomas R. Anderson

  

  	 

  
	 

  	 

  	

   Its  Investment Officer

  

  	 

  
	 

  	 

  	 

  	 

  
	 
  	 
  	
  COMMUNITY
  FIRST NATIONAL BANK
  	 
  
	 
  	 
  	
  Fargo,
  North Dakota
  	 
  
	 
  	 
  	 
  	 
  
	 

  	 

  	

By /s/ Thomas R.
  Anderson

  

  	 

  
	 

  	 

  	

   Its  Investment Officer

  

  	 

  

~~~Prepared by MerrillDirect

EXHIBIT
10.17

Datakey
2001 Executive Incentive Plan

The 2001 Datakey Executive Incentive Plan
is designed to pay for performance to revenue growth and profitability
objectives set forth at the beginning of the year as defined in the Board
approved 2001 Financial Plan.  This plan
provides for quarterly payments of cash and Datakey stock options issued at the
closing price of the last day of the quarter and vesting in six months.  The 2001 Datakey Executive Incentive Plan
applies to the following executives, and others if approved by the Board of
Directors:

•   President & CEO

•   Vice President/General Manager ISS

•   Vice President & CFO

•   Vice President of Corporate Marketing

In
the event of a change in control, bonus amounts will be computed and paid
throughout the year as if the approved business plan revenue and profitability
goals have been met.

Cash Incentive

Each executive is assigned a target annual incentive cash payment as determined
by the Board of Directors.

Payment of the cash incentive is based on
achievement of revenue growth 2001 quarter over same quarter in 2000 and
achievement of the planned profit/loss in conjunction with the following table,
with the amounts as set forth by the Board of Directors:

 

	 

  	

 Q1 

  	

 Q2 

  	

 Q3 

  	

 Q4 

  
	

2000
  ISS revenue

  	

$459,000

  	

$940,000

  	

$843,000

  	

$1,368,000

  
	

Planned
  2001 ISS revenue

  	 

  	 

  	 

  	 

  
	

Planned
  ISS revenue growth

  	 

  	 

  	 

  	 

  
	

%
  planned revenue growth

  	 

  	 

  	 

  	 

  
	

Actual
  ISS revenue

  	 

  	 

  	 

  	 

  
	

Actual
  ISS revenue growth

  	 

  	 

  	 

  	 

  
	

% =
  actual revenue growth/planned revenue growth (F) 

  	 

  	 

  	 

  	 

  
	

Meets
  profit plan? (0=no, .5=yes) (PP)

  	 

  	 

  	 

  	 

  
	

ISS
  profitable? (0=no, .5=yes) (PR)

  	 

  	 

  	 

  	 

  
	

%
  earned

  	 

  	 

  	 

  	 

  

Payment amount determination begins with
the calculation of actual 2001 ISS revenue growth (Quarterly increase
year-to-year) and its percentage (F) of revenue growth as specified in the 2001
plan.  (F) is further modified by
consideration for meeting profit/loss planned for the quarter (PP) and quarter
profitability (PR), all of which are taken after bonus payments have been
applied, and according to the following formula:

•         F = Actual revenue growth/planned revenue growth

•         % earned = F x (1+PP+PR)/2  where PP is .5 if profit/loss in the plan is
met and PR are .5 if the quarter is profitable.

•         Quarter payment = % earned x target annual incentive
payment/4

Stock Option
Incentive

Each
executive is assigned a target stock option incentive payment as determined by
the Board of Directors.

Calculations for F, % earned, and Quarter payment
are the same as for the cash incentive above.

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