Document:

EXHIBIT 10.5

December 2, 2005

Gary R. Base

President and CEO

Community Credit Union

ViewPoint Bank

1309 West 15th Street - Suite 400

Plano, TX 75075

Dear Mr. Base:

Based upon our recent discussions, FinPro, Inc. ("FinPro") is pleased to submit this proposal to assist ViewPoint Bank ("the Bank"), the proposed new name of Community Credit Union (upon
successful completion of the charter change to a mutual savings bank), in preparing a business plan in connection with the Bank's MHC stock conversion. The business plan will specifically address the
deployment of capital raised in the stock offering.

1. Scope of Project

The Study will be specifically designed to build and measure value for a five-year time horizon. As part of the Study compilation, the following major tasks will be included:

	assess the regulatory, social, political and economic environment;

	analyze the existing Bank markets from a county level:

	demographic standpoint;

	competitive standpoint;

	document the internal situation assessment;

	analyze the current ALM position;

	analyze the CRA position;

	compile a historical trend analysis;

	perform detailed peer performance and comparable analysis;

	assess the Bank from a capital markets perspective including comparison to national, regional, and similar size organizations;

	identify and document strengths and weaknesses;

	document the objectives and goals;

	document strategies;

	map the Bank's general ledger to FinPro's planning model on a consolidated basis;

	compile five year projections of performance; and

	prepare assessment of strategic alternatives to enhance value.

20 Church Street • Liberty Corner, NJ 07938-0323 • Tel: 908.604.9336 • Fax: 908.604-5951

finpro@finpronj.com • www.finpronj.com

NEXT PAGE

As part of this process, FinPro will conduct two planning sessions with the Bank and its Board. The first session will be a situation assessment retreat and the second will be a presentation and
detailed discussion of the recommended plan scenario and its alternatives.

2. Requirements of The Bank

To accomplish the tasks set forth in this proposal, the following information and work effort is requested of the Bank:

	provide FinPro with all financial and other information, whether or not publicly available, necessary to familiarize FinPro with the business and operations of
the Bank.

	allow FinPro the opportunity, from time to time, to discuss the operation of the Bank business with bank personnel.

	promptly advise FinPro of any material or contemplated material transactions which may have an effect on the day-to-day operations of the Bank.

	have system download capability.

	promptly review all work products of FinPro and provide necessary sign-offs on each work product so that FinPro can move on to the next phase.

	provide FinPro with office space, when FinPro is on-site, to perform its daily tasks. The office space requirements consists of a table with at least two chairs
along with access to electrical outlets for FinPro's computers and a telephone line for modem communication.

3. Term of the Agreement and Staffing

It is anticipated that it will take approximately six to eight weeks of elapsed time to complete the tasks outlined in this proposal. During this time, FinPro will be on-site at the Bank's
facilities on a regular basis, during normal business hours. Any future work that would require extra expense to the Bank will be proposed on separately from this engagement prior to any work being
performed.

2

NEXT PAGE

4. Fees and Expenses

Fees:

FinPro fees to complete the tasks outlined in this proposal will be as follows:

		Strategic Business Plan	$35,000
		Modeling additional markets (if selected)	$2,000/market
		Year 2 Quarterly Bank Fiduciary Package (includes a half day board retreat - optional at clients discretion)	$6,000
		Year 3 Quarterly Bank Fiduciary Package (includes a half day board retreat - optional at clients discretion)	$6,000

FinPro's fee for this engagement shall be payable as follows:

	$10,000 retainer payable at signing of this agreement;

	$10,000 payable at the end of the first board meeting;

	Remainder of the strategic business plan and expenses payable upon final business plan delivery;

	$6,000 payable at the beginning of the second year of the Quarterly Bank Fiduciary Package; and

	$6,000 payable at the beginning of the third year of the Quarterly Bank Fiduciary Package.

The market analysis included in the proposal will be completed at a county level. Additional market feasibility work to include: geocoding the Bank's downloads, ranking the markets, segmentizing
the Bank's customer base, defining natural markets, and market tours can be provided under a separate Branch Improvement and Market Ranking proposal.

Expenses:

In addition to any fees that may be payable to FinPro hereunder, the Bank hereby agrees to reimburse FinPro for the following:

	1.	Out of Pocket - all of FinPro's reasonable travel and other out-of-pocket expenses incurred in connection with FinPro's engagement. It is FinPro policy to itemize expenses for each
project so that the client can review, by line item, each expense.

3

NEXT PAGE

FinPro agrees to execute a suitable confidentiality agreement with the Bank. The Bank acknowledges that all opinions, valuations and advice (written or oral) given by FinPro to the Bank in
connection with FinPro's engagement are intended solely for the benefit and use of the Bank (and its directors, management, and attorneys) in connection with the matters contemplated hereby and the
Bank agrees that no such opinion, valuation, or advice shall be used for any other purpose, except with respect to the opinion and valuation which may be used for the proper corporate purposes of the
client, or reproduced, or disseminated, quoted or referred to at any time, in any manner or for any purpose, nor shall any public references to FinPro be made by the Bank (or such persons), without
the prior written consent of FinPro, which consent shall not be unreasonably withheld.

Please sign and return one of the original copies of this agreement along with the retainer to indicate acceptance of the agreement. We hope that we might be selected to work with the Bank on this
endeavor and are excited about building a relationship with the Bank.

By,

	/s/ Donald J. Musso
Donald J. Musso
President
FinPro, Inc.

12/2/05
Date		/s/ Gary R. Base
Gary R. Base
President and CEO
Community Credit Union
ViewPoint Bank

12-7-05
Date

4EXHIBIT 10.6

 	Summary of Director Board Fee Arrangements.

            Directors who are also full time employees of ViewPoint Bank receive no additional compensation for their services as directors.  Non-employee members of ViewPoint Bank's board of directors currently receive a fee of $400 for each board meeting attended and $100 for each committee meeting attended.  These directors may elect to defer receipt of all or any part of their directors' fees pursuant to a non-qualified deferred compensation plan.  Pursuant to this plan, deferred fees are invested in third party mutual funds.  We also paid premiums totaling $792, in the aggregate, during 2005 for a life insurance policy and accidental death and dismemberment policy for the benefit of each non-employee director.  If the director leaves the service of ViewPoint Bank for any reason other than death, all rights to any benefit cease.

            Directors are provided or reimbursed for travel and lodging, and are reimbursed for other customary out-of-pocket expenses, incurred in attending out-of-town board and committee meetings, as well as industry conferences and continuing education seminars.  ViewPoint Bank also pay the premiums on directors' and officers' liability insurance.EXHIBIT 10.7

	VIEWPOINT BANK 

DEFERRED COMPENSATION PLAN

	

	Effective January 1, 2006

Next Page

	VIEWPOINT BANK 

DEFERRED COMPENSATION PLAN

Purpose

The purpose of this Plan is to provide specified benefits to a select group of
management and highly compensated employees, and to directors, who contribute
materially to the continued growth, development and future business success of
Viewpoint Bank.  The Plan also is intended to replace the eligible deferred
compensation plan (within the meaning of Section 457(b) of the Code) (referred to
herein as the "457(b) Plan") that was previously maintained by Community Credit
Union, the predecessor of Viewpoint Bank.  Accordingly, in connection with the
establishment of this Plan, participants with an account under the 457(b) Plan will waive
their entitlements under the 457(b) Plan, and in exchange will receive an opening
account under this Plan equal to the value of the account they waived under the 457(b)
Plan.  The Plan shall be unfunded for tax purposes and for purposes of Title I of ERISA.
The Plan also is intended to comply with the applicable requirements of Section 409A
of the Code, and shall be administered and interpreted accordingly. 

1
Next Page

ARTICLE I

Definitions

For purposes of this Plan, unless otherwise clearly apparent from the context,
the following phrases or terms shall have the following indicated meanings:

"Account Balance" shall mean, with respect to a Participant, a credit on the
records of the Employer equal to his or her Deferral Account and his Substituted
457 Plan Account Balance. A Participant's Account Balance shall at all times be
a bookkeeping entry only and shall not represent any investment made on his or
her behalf by the Employer or the Trust. 

"Affiliates" shall mean any and all entities that are considered affiliated with any
of the Employer within the meaning of Sections 414(b) and (c) of the Code. 

"Annual Bonus" shall mean any compensation, in addition to Base Annual Salary
relating to services performed during any calendar year, whether or not paid in
such calendar year or included on the Federal Income Tax Form W-2 for such
calendar year, payable to a Participant as an Employee under the Employer's
annual bonus and cash incentive plans, excluding stock options or restricted
stock.

"Annual Deferral Amount" shall mean that portion of a Participant's Base Annual
Salary, Annual Bonus and Director's Compensation that a Participant elects to
have, and is deferred under the Plan for any one Plan Year.  In the event of a
Participant's Disability or Termination of Service prior to the end of a Plan Year,
such year's Annual Deferral Amount shall be the actual amount withheld prior to
such event.

"Base Annual Salary" shall mean the annual cash compensation relating to
services performed by an Employee during any calendar year, whether or not
paid in such calendar year or included on the Federal Income Tax Form W-2 for
such calendar year, excluding bonuses, commissions, overtime, fringe benefits,
stock options, relocation expenses, incentive payments, non-monetary awards,
and other fees, automobile and other allowances paid to a Participant for
employment services rendered (whether or not such allowances are included in
the Employee's gross income).  

"Beneficiary" shall mean one or more persons, estates or other entities,
designated in accordance with Article 6, that are entitled to receive benefits
under this Plan upon the death of a Participant.

2
Next Page

"Beneficiary Designation Form" shall mean the form established from time to
time by the Committee that a Participant completes, signs and returns to the
Committee to designate one or more Beneficiaries.

"Board" shall mean the board of directors of the Employer.

"Change in Control" shall mean the first to occur of any event described as either
a change in the ownership or effective control of the Employer, or in the
ownership of a substantial portion of the assets of the Employer, as defined in
Section 409A.

"Claimant" shall have the meaning set forth in Section 9.1.

"Code" shall mean the Internal Revenue Code 1986, as it may be amended from
time to time.

"Committee" shall mean the committee described in Article 8.

"Deduction Limitation" shall mean the following described limitation on a benefit
that may otherwise be distributable pursuant to the provisions of this Plan.
Except as otherwise provided, this limitation shall be applied to all distributions
that are "subject to the Deduction Limitation" under this Plan.  If the Employer
determines in good faith that there is a reasonable likelihood that any
compensation paid to a Participant would not be deductible by the Employer
solely by reason of the limitation under Code Section 162(m), then to the extent
deemed necessary by the Employer to ensure that the entire amount of any
distribution to the Participant pursuant to this Plan prior the Change in Control is
deductible, the Employer may defer all or any portion of a distribution under this
Plan; provided, however, that payment of the deferred benefit shall be made at
the earlier of when (i) the Employer reasonably believes that the deduction of the
payment of the deferred amount will not be limited or eliminated by the
application of Code Section 162(m), the (ii) calendar year in which either the
Participant separates from service or there occurs a Change in Control.  This
Deduction Limitation shall be applied in a manner consistent with Section 409A. 

"Deferral Account" shall mean (i) the sum of all of a Participant's Annual Deferral
Amounts, (ii) amounts credited in accordance with all the applicable crediting
provisions of this Plan that relate to the Participant's Deferral Account, less (iii) all
distributions made to the Participant or his or her Beneficiary pursuant to this
Plan that relate to his or her Deferral Account.

"Director" shall mean a member of the board of directors of the Employer. 

3
Next Page

"Director's Compensation" shall mean fees and other compensation payable for
services as a Director. 

"Disabled" shall mean the Participant either is (a) unable to engage in any
substantial activity by reason of any physical or mental impairment which can be
expected to result in death or can be expected to last for a continuous period of
not less than 12 months, or (b) by reason of any medically determinable physical
or mental impairment which can be expected to last for a continuous period of
not less than 12 months, receiving income replacement benefits for a period of
not less than 3 months under an accident and health plan covering employees of
the Employer or an Affiliate. The determination of whether a Participant is
Disabled shall be determined by the Committee in its sole discretion, but subject
to Section 409A.

"Disability Benefit" shall mean the benefit set forth in Article 5.

"Effective Date" shall mean January 1, 2006. 

"Election Form" shall mean the form established from time to time by the
Committee that a Participant completes, signs and returns to the Committee to
make an election under the Plan.

"Employee" shall mean a person who is classified as an employee of the
Employer.

"Employer" shall mean Viewpoint Bank and other Affiliates, if any, that have
been selected by the Board to participate in the Plan and have adopted the Plan
as a sponsor.

"ERISA" shall mean the Employee Retirement Income Security Act of 1974, as it
may be amended from time to time.

"Participant" shall mean any Employee or Director (i) who is selected to
participate in the Plan, (ii) who elects to participate in the Plan, (iii) who timely
completes and signs an Election Form, (iv) whose signed Election Form and
Beneficiary Designation Form are accepted by the Committee, (v) who
commences participation in the Plan, and (vi) whose Plan Agreement has not
terminated. A spouse or former spouse of a Participant shall not be treated as a
Participant in the Plan or have an Account Balance under the Plan, even if he or
she has an interest in the Participant's benefits under the Plan as a result of
applicable law or property settlements resulting from legal separation or divorce.  

"Plan" shall mean this Deferred Compensation Plan, as amended from time to
time.

"Plan Year" shall mean the calendar year.

4
Next Page

"Section 409A" shall mean Section 409A of the Code and any regulations or
other guidance of general applicability issued thereunder. 

"Specific Time Payout" shall mean the payout set forth in Section 4.1.

"Specified Employee" shall mean a key employee described in Code Section
416(i) (determined without regard to paragraph (5) thereof) of the Employer,
provided the Employer is publicly traded on an established securities market or
otherwise.  The determination of whether a Participant is a Specified Employee
shall be made by the Committee in accordance with Section 409A. 

"Substituted 457 Plan Account Balance" shall mean, with respect to any
Participant, an amount equal to the Participant's account balance under the
Section 457(b) Plan that was waived in connection with the termination of the
Section 457(b) Plan and the establishment of this Plan, as increased (or
decreased) by amounts credited in accordance with all the applicable investment
crediting provisions of this Plan, and decreased by any distributions therefrom. 

"Termination Benefit" shall mean the benefit set forth in Article 5.

"Termination of Service" shall mean the Participant's separation from service
with the Employer and all Affiliates voluntarily or involuntarily, for any reason,
including death.  The definition of "Termination of Service" shall be interpreted to
have the same meaning as the phrase "separation from service" under Section
409A. 

"Trust" shall mean the trust, if any, established between the Employer and the
trustee named therein, as amended from time to time.

"Unforeseeable Financial Emergency" shall mean a severe financial hardship to
the Participant resulting from (i) an illness or accident of the Participant, the
Participant's spouse or a dependent of the Participant (within the meaning of
Section 152(a) of the Code), (ii) a loss of the Participant's property due to
casualty, or (iii) other similar extraordinary and unforeseeable circumstances
arising as a result of events beyond the control of the Participant, all as
determined in the sole discretion of the Committee.  

ARTICLE 2

Selection, Enrollment, Eligibility

2.1              Selection by Committee.  Participation in the Plan shall be limited to a select
group of management and highly compensated Employees and Directors of the
Employer, as selected by the Committee in its sole discretion from time to time.  

5
Next Page

2.2              Enrollment Requirements.  As a condition to participation, each selected
Employee or Director shall complete, execute and return to the Committee an Election
Form and a Beneficiary Designation Form, all within 30 days after he or she is first
selected to participate in the Plan.  The Committee may establish from time to time
such other enrollment requirements as it determines to be necessary or appropriate.

2.3              Eligibility; Commencement of Participation.  Provided an Employee or
Director selected to participate in the Plan has met all enrollment requirements set forth
in this Plan and required by the Committee, including returning all required documents
to the Committee within the specified time period, that Employee or Director shall
commence participation in the Plan as soon as practicable thereafter.  If an Employee
or Director fails to meet all such requirements within the period required, that Employee
or Director shall not participate in the Plan until the first day of the Plan Year following
the delivery to and acceptance by the Committee of the required documents.  

2.4              Termination of Participation and/or Deferrals.  If the Committee determines in
good faith than a Participant no longer qualifies as a member of a select group of
management or highly compensated employees, as membership in such group is
determined in accordance with Sections 201(2), 301(a)(3) and 401(a)(1) of ERISA, or is
no longer a Director, the Committee shall have the right, in its sole discretion, to (i) to
the extent permitted by Section 409A terminate any deferral election the Participant has
made for the remainder of the Plan Year in which the Participant's membership status
changes, (ii) prevent the Participant from making future deferral elections, (iii) cease
Employer Contributions on his behalf (other than those previously declared), and/or (iv)
to the extent permitted by Section 409A, distribute the Participant's then Account
Balance as a Termination Benefit and terminate the Participant's participation in the
Plan.  

ARTICLE 3

Deferral Commitments/ Crediting/Taxes

3.1              Compensation Deferrals.

For each Plan Year, a Participant may elect to defer, as his or her Annual
Deferral Amount, Base Annual Salary, Annual Bonus, and/or Director's
Compensation, as the case may be, such amount as is set forth in the
Participant's Plan Agreement with respect to the Plan Year.  If no election is
made, the amount deferred shall be zero.  The election shall be irrevocable with
respect to compensation covered by the election until the end of the Plan Year,
except as otherwise provided herein.  If a Participant first becomes a Participant
after the first day of a Plan Year, the

6
Next Page

 maximum Annual Deferral Amount shall be
limited to the amount of compensation not yet earned by the Participant as of the
date the Participant submits an Election Form to the Committee for acceptance. 

3.2              Election to Defer; Effect of Election Form; Suspension.

	 	(a)	First Plan Year.  In connection with a Participant's
commencement of participation in the Plan, the Participant
shall make an irrevocable election regarding his Annual
Deferral Amount for the Plan Year in which the Participant
commences participation in the Plan, including the time
and form of payment of the Participant's Account Balance
attributable to the Annual Deferral Amount.  For this
election to be valid, the Election Form must be completed
and signed by the Participant, timely delivered to the
Committee (in accordance with Section 2.2 above) and
accepted by the Committee no later than 30 days after the
Participant first becomes eligible to participate in the Plan.  
	 	(b)	Subsequent Plan Years.  For each succeeding Plan Year, the
Participant shall make an irrevocable election regarding
his Annual Deferral Amount for that Plan Year, and such
other elections as the Committee deems necessary or
desirable under the Plan. Such election shall be made
before the end of the Plan Year preceding the Plan Year
for which the election is made, or at such other time as
may be required or permitted by Section 409A, by means
of a new Election Form.  If no such Election Form is timely
delivered for a Plan Year, the Annual Deferral Amount
shall be zero for that Plan Year. 
 
	 	(c)	Time and Form of Payment.  Each election that provides for the
deferral of compensation shall indicate the time and form
of distribution which respect to which the amount being
deferred will be paid.  
 
	 	(d)	Evergreen Election.  The Election Form may provide that
subsequent Annual Deferral Amounts, or the timing and
form of distribution related to such Annual Deferral
Amounts, will be the same as the initial or a preceding
election (i.e., an evergreen election).
 
	 	(e) 	Election of Later Specific Term Payout Date.  Consistent with
Section 409A, a Participant who has elected to receive his
Account Balance at a specific time in accordance with
Section 4.1 may elect to extend the date when his Specific
Term Payout date will be paid, provided that: (1) the
election does not become effective for at least 12 months;
(2) the newly elected Specific Term Payout date is at least
five years later than the Specific Term Payout date
previously in effect; and (3) the election occurs at least 12
months before the date the Specific Term Payout is to be
made. 
  

7
Next Page

	 	(f)	No election shall be made under this Section 3.2 that would
result in the accelerated payment of Plan benefits, except
to the extent permitted by Section 409A. 

3.3              Withholding of Annual Deferral Amounts.  For each Plan Year, the Base
Annual Salary portion of the Annual Deferral Amount shall be withheld from each
regularly scheduled Base Annual Salary payroll in equal amounts, as adjusted from
time to time for increases and decreases in Base Annual Salary.  The Annual Bonus
portion of the Annual Deferral Amount shall be withheld at the time the Annual Bonus is
paid to the Participant, whether or not this occurs during the Plan Year itself.  The
Director's Compensation portion of the Annual Deferral Amount shall be withheld at the
time the Director's Compensation is paid to the Participant, whether or not this occurs
during the Plan Year. 

3.4              Investment of Trust Assets.  The Participant shall designate, at such time and
in such manner as permitted by the Committee, the deemed investment of the
Participant's Account, from such selections as are made available by the Committee
from time to time. If a Participant fails to designate a deemed investment that is
available under this Plan, such Participant's Account Balance shall be deemed invested
in a default fund selected by the Committee in its sole discretion. Each Participant's
Account shall be credited at least quarterly with an amount equal to the rate of earnings
(or loss) for the previous period on the deemed investments selected by the Participant.
The Committee may maintain and invest separate asset accounts corresponding to
each Participant's Account Balance. The Committee also may establish sub-accounts
for each type of contribution made for a Participant, as well as such other sub-accounts
as are necessary for the proper administration of the Plan.

3.5              FICA and Other Taxes.  For each Plan Year in which an Annual Deferral
Amount is being withheld from a Participant, the Participant's Employer(s) shall withhold
from that portion of the Participant's Base Annual Salary, Annual Bonus and Director's
Compensation that is not being deferred in a manner determined by the Employer(s),
the Participant's share of FICA and other employment taxes on such Annual Deferral
Amount.  The Committee may reduce the Annual Deferral Amount in order to comply
with this Section 3.5 if it determines that such action is necessary or appropriate.

3.6              Distributions.  The Employer, or the trustee of the Trust, shall withhold from any
payments made to a Participant under this Plan all federal, state and local income,
employment and other taxes required to be withheld by the Employer, or the trustee of
the Trust, in connection with such payments, in amounts and in a manner to be
determined in the sole discretion of the Employer and the trustee of the Trust.  

8
Next Page

3.7              Leave of Absence.  If a Participant is authorized by the Employer for any reason
to take a paid leave of absence from the employment of the Employer, the Participant
shall continue to be considered employed by the Employer and the Annual Deferral
Amount shall continue to be withheld during such paid leave of absence in accordance
with Section 3.2.  If a Participant is authorized by the Employer for any reason to take
an unpaid leave of absence from the employment of the Employer, the Participant shall
continue to be considered employed by the Employer and the Participant shall be
excused from making deferrals until the earlier of the date the leave of absence expires
or the Participant returns to a paid employment status.  Upon such expiration or return,
deferrals shall resume for the remaining portion of the Plan Year in which the expiration
or return occurs, based on the deferral election, if any, made for that Plan Year.  If no
election was made for that Plan Year, no deferral shall be withheld.  Notwithstanding
the foregoing, this Section 3.7 shall be applied in a manner consistent with the
requirements of Section 409A. 

ARTICLE 4

Specific Time Payout; Unforeseeable Financial Emergencies

4.1              Specific Time Payout. In connection with each election to defer an Annual
Deferral Amount, a Participant may elect to receive a future "Specific Time Payout"
from the Plan.  The Specific Time Payout shall be a lump sum payment equal to the
Annual Deferral Amount that the Participant elected to defer under this Section 4.1 for
the year, plus amounts credited and debited thereon, determined at either (a) the time
that the Specific Time Payout becomes payable pursuant to the Participant's election
(rather than the date of a Termination of Service), or (b) the earlier of the date of the
elected Specific Time Payout or the Participant's Termination of Service, or (c) the later
of the date of the elected Specific Time Payout or the Participant's Termination of
Service, as elected by the Participant. Subject to the Deduction Limitation and the other
terms and conditions of this Plan, each Specific Time Payout elected shall be paid out
during the 60-day period after the last day of any Plan Year designated by the
Participant that is at least five Plan Years after the Plan Year in which the Annual
Deferral Amount is actually deferred.  By way of example, if a five year Specific Time
Payout is elected for Annual Deferral Amounts that are deferred in the Plan Year
commencing January 1, 2007, the five year Specific Time Payout would become
payable during a 60 day period commencing January 1, 2013.   A Participant may
change his Specific Time Payout date in accordance with and subject to Section 3.2. 

4.2              Other Benefits Take Precedence Over Specific Time.  Except as may be
required to comply with Section 409A, and provided the Participant so elects, should an
event occur that triggers a distribution under Article 5, any Account Balance or portion
thereof that is subject to a Specific Time Payout election under Section 4.1

9
Next Page

 shall not be
paid in accordance with Section 4.1, but instead shall be paid in accordance with Article
5.

4.3              Withdrawal Payout for Unforeseeable Financial Emergencies.  If the
Participant experiences an Unforeseeable Financial Emergency, the Participant may
request a partial or full payout from the Plan.  The payout shall not exceed the lesser of
the Participant's Account Balance, calculated as if such Participant were receiving a
Termination Benefit, or the amount reasonably needed to satisfy the Unforeseeable
Financial Emergency as determined under Section 409A, taking into account (i) taxes
reasonably anticipated as a result of the distribution, and (ii) the extent to which such
hardship is or may be relieved through reimbursement by insurance or otherwise or by
liquidation of the Participant's assets (to the extent the liquidation of such assets would
not itself cause severe financial hardship).  If the Committee approves the request for a
distribution, the distribution shall be made within 60 days of the date of approval.   The
payment of any amount under this Section 4.3 shall be subject to the Deduction
Limitation.

ARTICLE 5

Plan Benefits

5.1              Termination Benefit.  Upon the earlier to occur of the Participant's Termination
of Service or a Change in Control, the Participant shall receive a Termination Benefit
equal to the Participant's Account Balance. 

5.2              Disability Benefit.  If a Participant becomes Disabled prior to his Termination
of Service or a Change in Control, the Participant shall receive a Disability Benefit equal
to the Participant's Account Balance.

5.3              Payment of Termination Benefit.  

	 	(a)	The Participant shall receive distribution of his Account Balance in a
cash lump sum. 
	 
		(b)	Payment shall be made or commence no later than (i) 60 days after
the date of the Participant's Termination of Service or death, as the
case may be, or (ii) 10 days after the occurrence of a Change in
Control.  Notwithstanding the preceding sentence, if the Participant is
a Specified Employee, the Participant is receiving a Termination
Benefit, and the Participant's Termination of Service occurs for any
reason other than the Participant's death or becoming Disabled, then
the Participant's Account Balance shall be distributed or commence to
be distributed no earlier than six months from the date of the
Participant's Termination of Service.  Any payment made shall be
subject to the Deduction Limitation.

10
Next Page

5.4              Vesting.  All Participants are fully vested in their Account Balance at all times. 

ARTICLE 6

Beneficiary Designation

6.1              Beneficiary.  Each Participant shall have the right, at any time, to designate his
or her Beneficiary(ies) (both primary as well as contingent) to receive any benefits
payable under the Plan to a beneficiary upon the death of a Participant.  A Participant
shall designate his or her Beneficiary by completing and signing the Beneficiary
Designation Form and returning it to the Committee or its designated agent.  A
Participant shall have the right to change a Beneficiary by completing, signing and
otherwise complying with the terms of the Beneficiary Designation Form and the
Committee's rules and procedures, as in effect from time to time.  Upon the acceptance
by the Committee of a new Beneficiary Designation Form, all Beneficiary designations
previously filed shall be canceled.  The Committee shall be entitled to rely on the last
Beneficiary Designation Form filed by the Participant and accepted by the Committee
prior to his or her death.   No designation or change in designation of a Beneficiary shall
be effective until received and acknowledged in writing by the Committee or its
designated agent.  If a Participant fails to designate a Beneficiary as provided herein, or
if all designated Beneficiaries predecease the Participant or die prior to complete
distribution of the Participant's benefits, then the Participant's designated Beneficiary
shall be deemed to be his or her surviving spouse.  If the Participant has no surviving
spouse, the benefits remaining under the Plan to be paid to a Beneficiary shall be
payable to the executor or personal representative of the Participant's estate.  If the
Committee has any doubt as to the proper Beneficiary to receive payments pursuant to
this Plan, the Committee shall have the right, exercisable in its discretion, to withhold
such payments until this matter is resolved to the Committee's satisfaction.

6.2              Discharge of Obligations. The payment of benefits under the Plan to a
Beneficiary shall fully and completely discharge the Employer and the Committee from
all further obligations under this Plan with respect to the Participant, and that
Participant's right to benefits hereunder shall terminate upon such full payment of
benefits.

ARTICLE 7

Termination or Amendment

7.1              Termination.   The Employer reserves the right to terminate the Plan at any time
by action of its board of directors.  Upon the termination of the Plan, Participants shall
be treated as if they experienced a Termination of Service on the date of Plan
termination. Account Balances shall be paid to the Participants in a cash lump sum.
The termination of the Plan shall not adversely affect any Participant or Beneficiary

11
Next Page

 who
has become entitled to the payment of any benefits under the Plan as of the date of
termination. The ability of the Employer to terminate this Plan, and the timing and
manner of distributing benefits in connection with the Plan termination, shall in all
respects comply with Section 409A. 

7.2              Amendment.   The Employer may, at any time, amend the Plan by action of its
board of directors; provided, however, that no amendment or modification shall be
effective to decrease or restrict the value of a Participant's Account Balance in
existence at the time the amendment or modification is made, calculated as if the
Participant had experienced a Termination of Service as of the effective date of the
amendment. The Plan amendment shall not affect any Participant or Beneficiary who
has become entitled to the payment of benefits under the Plan as of the date of the
amendment or modification.  The ability of the Employer to amend this Plan, and the
amendment itself, shall in all respects comply with Section 409A.

7.3              Effect of Payment.  The full payment of the applicable benefit under Articles 4
and 5 of the Plan shall completely discharge all obligations to a Participant and his or
her designated Beneficiaries under this Plan.

ARTICLE 8

Administration

8.1              Committee Duties.  This Plan shall be administered by a Committee which shall
consist of the Board, or such committee as the Board shall appoint.  Members of the
Committee may be Participants under this Plan.  The Committee shall also have the
discretion and authority to (i) make, amend, interpret, and enforce all appropriate rules
and regulations for the administration of this Plan and (ii) decide or resolve any and all
questions including interpretations of this Plan, as may arise in connection with the
Plan.  Any individual on the Committee who is a Participant shall not vote or act on any
matter relating solely to himself or herself.  When making a determination or calculation,
the Committee shall be entitled to rely on information furnished by a Participant or the
Company.

8.2              Agents. In the administration of this Plan, the Committee may, from time to time,
employ agents and delegate to them such administrative duties as it sees fit (including
acting through a duly appointed representative) and may from time to time consult with
counsel who may be counsel to the Employer.

8.3              Binding Effect of Decisions.  The decision or action of the Committee with
respect to any question arising out of or in connection with the administration,
interpretation and application of the Plan and the rules and regulations promulgated
hereunder shall be final and conclusive and binding upon all persons having any
interest in the Plan.

12
Next Page

8.4              Indemnity of Committee.  The Employer shall indemnify and hold harmless the
members of the Committee, and any Employee to whom the duties of the Committee
may be delegated, against any and all claims, losses, damages, expenses or liabilities
arising from any action or failure to act with respect to this Plan, except in the case of
misconduct by the Committee or any of its members or any such Employee.

8.5              Employer Information.  To enable the Committee to perform its functions, each
Employer shall supply full and timely information to the Committee on all matters
relating to the compensation of its Participants, the date and circumstances of the
Retirement, Disability, death or Termination of Employment of its Participants, and such
other pertinent information as the Committee may reasonably require.

ARTICLE 9

Claims Procedures

9.1              Presentation of Claim.  Any Participant or Beneficiary of a deceased Participant
(such Participant or Beneficiary being referred to below as a "Claimant") may deliver to
the Committee a written claim for a determination with respect to the amounts
distributable to such Claimant from the Plan.  If such a claim relates to the contents of a
notice received by the Claimant, the claim must be made within 60 days after such
notice was received by the Claimant.  All other claims must be made within 180 days of
the date on which the event that caused the claim to arise occurred.  The claim must
state with particularity the determination desired by the Claimant.

9.2              Notification of Decision.  The Committee shall consider a Claimant's claim within
a reasonable time, and shall notify the Claimant in writing:

	 	(a)	that the Claimant's requested determination has been made, and that the claim has been allowed
in full; or
 
	 	(b)	that the Committee has reached a conclusion contrary, in whole or in part, to the Claimant's requested
determination, and such notice must set forth in a manner calculated to be understood by the
Claimant:
 
	 		(i)	the specific reason(s) for the denial of the claim, or any part of it;
 
	 		(ii)	specific reference(s) to pertinent provisions of the Plan upon
which such denial was based;
 

13
Next Page

	 	 	(iii)	a description of any additional material or information necessary for
the Claimant to perfect the claim, and an explanation of why such material
or information is necessary; and
 
	 		(iv)	an explanation of the claim review procedure set forth in Section 9.3 below.

9.3              Review of a Denied Claim. With 60 days after receiving a notice from the
Committee that a claim has been denied, in whole or in part, a Claimant (or the
Claimant's duly authorized representative) may file with the Committee a written request
for a review of the denial of the claim.  Thereafter, but not later than 30 days after the
review procedure began, the Claimant (or the Claimant's duly authorized
representative):

	 	(a)	may review pertinent documents;
 
	 	(b)	may submit written comments or other documents; and/or
 
	 	(c)	may request a hearing, which the Committee, in its sole discretion,
may grant.

9.4              Decision on Review.  The Committee shall render its decision on review
promptly, and not later than 60 days after the filing of a written request for review of the
denial, unless a hearing is held or other special circumstances require additional time,
in which case the Committee's decision must be rendered within 120 days after such
date.  Such decision must be written in a manner calculated to be understood by the
Claimant, and it must contain:

	 	(a)	specific reasons for the decision;
 
	 	(b)	specific reference(s) to the pertinent Plan provisions upon which the
decision was based; and
 
	 	(c)	such other matters as the Committee deems relevant.

9.5              Legal Action.  A Claimant's compliance with the foregoing provisions of this
Article 9 is a mandatory prerequisite to a Claimant's right to commence any legal action
with respect to any claim for benefits under this Plan.

14
Next Page

ARTICLE 10

Trust

10.1              Establishment of the Trust.  The Employer may establish a Trust and shall, at
each pay period or such other amount as it determines to be appropriate, transfer over
to the Trust such cash as the Participant elected to defer under the Plan, as well as any
Employer Contributions. 

10.2              Interrelationship of the Plan and the Trust.  The provisions of the Plan and the
Plan Agreement shall govern the rights of a Participant to receive distributions pursuant
to the Plan.  The provisions of the Trust shall govern the rights of the Employer,
Participants and the creditors of the Employer to the assets transferred to the Trust.
The Employer shall at all times remain liable to carry out its obligations under the Plan.

10.3              Distributions From the Trust.  The Employer's obligations under the Plan may
be satisfied with Trust assets distributed pursuant to the terms of the Trust and any
such distribution shall reduce the Employer's obligations under this Plan.

ARTICLE 11

Miscellaneous

11.1              Status of Plan.  The Plan is intended to be a plan that is not qualified within the
meaning of Code Section 401(a) and that "is unfunded and is maintained by an
employer primarily for the purpose of providing deferred compensation for a select
group of management or highly compensated employees" within the meaning of ERISA
Sections 201(2), 301(a)(3) and 401(a)(1).  The Plan shall be administered and
interpreted to the extent possible in a manner consistent with that intent.  The Plan shall
also be administered and interpreted in a manner consistent with Section 409A. 

11.2              Other Benefits and Agreements. The benefits provided for a Participant or a
Participant's Beneficiary under the Plan are in addition to any other benefits available to
such Participant under any other plan or program for employees of the Employer.  The
Plan shall supplement and shall not supersede, modify or amend any other such plan
or program except as may otherwise be expressly provided.

11.3              Unsecured General Creditor.  Participants and their Beneficiaries, heirs,
successors and assigns shall have no legal or equitable rights, interests or claims in
any property or assets of the Employer.  For purposes of the payment of benefits under
this Plan, any and all of the Employer's assets shall be, and remain the general,
unpledged and unrestricted assets of the Employer.  The Employer's obligation under
the Plan shall be merely of an unfunded and unsecured promise to pay money in the
future.

15
Next Page

11.4              Employer's Liability.  The Employer's liability for the payment of benefits shall be
defined only by the Plan.  The Employer shall have no obligation to a Participant under
the Plan except as expressly provided in the Plan.

11.5              Nonassignability.  Neither a Participant nor any other person shall have any right
to commute, sell, assign, transfer, pledge, anticipate, mortgage or otherwise encumber,
transfer, hypothecate, alienate or convey in advance of actual receipt, the amounts, if
any, payable hereunder, or any part thereof, which are, and all rights to which are
expressly declared to be, unassignable and non-transferable.  No part of the amounts
payable shall, prior to actual payment be subject to seizure, attachment, garnishment or
sequestration for the payment of any debts, judgments, alimony or separate
maintenance allowed by a Participant or any other person, be transferable by operation
of law in the event of a Participant's or any other person's bankruptcy or insolvency or
be transferable to a spouse as a result of a property settlement or otherwise.

11.6              Not a Contract of Employment.  The terms and conditions of this Plan shall not
be deemed to constitute a contract of employment between the Employer and the
Participant.  Nothing in this Plan shall be deemed to give a Participant the right to be
retained in the service of the Employer or to interfere with the right of the Employer to
discipline or discharge the Participant at any time.

11.7              Furnishing Information.  A Participant or his or her Beneficiary will cooperate
with the Committee by furnishing any and all information requested by the Committee
and take such other actions as may be requested in order to facilitate the administration
of the Plan and the payments of benefits hereunder, including but not limited to, taking
such physical examinations as the Committee may deem necessary.

11.8              Terms.  Whenever any words are used herein in the masculine, they shall be
construed as though they were in the feminine in all cases where they would so apply;
and whenever any words are used herein in the singular or in the plural, they shall be
co as though they were used in the plural or the singular, as the case may be, in all
cases where they would so apply.

11.9              Captions.  The captions of the articles, sections and paragraphs of this Plan are
for convenience only and shall not control or affect the meaning or construction of any
of its provisions.

11.10            Governing Law. Subject to ERISA, the provisions of this Plan shall be construed
and interpreted according to the internal laws of the State of Texas without regard to its
conflicts of laws and principles.

16
Next Page

11.11            Notice. Any notice or filing required or permitted to be given to the Committee
under this Plan shall be sufficient if in writing and hand-delivered, or sent by registered
or certified mail, to the Committee at the address of the Employer, attention to the
Director of Human Resources.  Such notice shall be deemed given as of the date of
delivery or, if delivery is made by mail, as of the date shown on the postmark on the
receipt for registration or certification.  Any notice or filing required or permitted to be
given to a Participant under this Plan shall be sufficient if in writing and hand-delivered,
or sent by mail, to the last known address of the Participant.

11.12            Successors. The provisions of this Plan shall bind and inure to the benefit of the
Employer and its successors and assigns and the Participant and the Participant's
designated Beneficiaries.

11.13            Spouse's Interest. The interest in the benefits hereunder of a spouse of a
Participant who has predeceased the Participant shall automatically pass to the
Participant and shall not be transferable by such spouse in any manner, including, but
not limited to, such spouse's will, nor shall such interest pass under the laws of intestate
succession.

11.14            Validity. In case any provision of the Plan shall be illegal or invalid for any reason,
said illegality or invalidity shall not affect the remaining parts hereof, but this Plan shall
be constructed and enforced as if such illegal or invalid provision had never been
inserted herein.

11.15            Incompetence. If the Committee determines in its discretion a benefit under this
Plan is to be paid to a minor, a person declared incompetent or to a person incapable
of handling the disposition of that person's property, the Committee may direct payment
of such benefit to the guardian, legal representative or person having the care and
custody of such minor, incompetent or incapable person.  The Committee may require
proof of minority, incompetence, incapacity or guardianship, as it may deem appropriate
prior to distribution of the benefit.  Any payment of a benefit shall be a payment for the
account of the Participant and the Participant's Beneficiary, as the case may be, and
shall be a complete discharge of any liability under the Plan for such payment amount.

11.16            Court Order. The Committee is authorized to make any payments directed by
court order in any action in which the Plan or the Committee has been named as a
party.  In addition, if a court determines that a spouse or former spouse of a Participant
has an interest in the Participant's benefits under the Plan in connection with a property
settlement or otherwise, the Committee, in its sole discretion shall have the right,
notwithstanding any election made by a Participant, to immediately distribute the
spouse's or former spouse's interest in the Participant's benefits under the Plan to that
spouse or former spouse.  This Section 11.16 shall be applied only to the extent
consistent with Section 409A.

17
Next Page

11.17            Distribution in the Event of Taxation or to Pay Income or FICA Taxes.  If, for
any reason, all or any portion of a Participant's benefits under this Plan becomes
taxable to the Participant prior to receipt, the Participant shall be distributed in a cash
lump sum that portion of his or her benefit that has become taxable.  Distributions also
may be made from a Participant's Account Balance prior to when amounts are
otherwise distributable under the Plan to the extent necessary to pay FICA taxes under
Code Sections 3101, 3121(a) and 3121(v)(2), as well as the corresponding federal,
state, local or foreign income and withholding taxes associated with those FICA taxes.
Distributions under this Section 11.17 shall be permitted only to the extent allowed
under Section 409A.

             IN WITNESS WHEREOF, the Company has signed this Plan document as of
_________, __, 200__, but effective for all purposes as of January 1, 2006.

	 	VIEWPOINT BANK

By:      _________________________

Title:   _________________________

18
End.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}]]