Document:

EXHIBIT 10.2

Exhibit 10.2

March 14, 2006

Mr. John M. Presley

N23 W28806 Louis Avenue

Pewaukee, Wisconsin  53072

Dear John,

The purpose of this letter is to set forth our agreement regarding your termination of employment with Marshall & Ilsley Corporation (“M&I”).

1.

Medical and Dental Insurance.  By signing below, you agree to subscribe for family medical and dental insurance with your new employer (“New Employer Insurance”), upon attaining eligibility to participate in their medical and dental insurance program.  You will notify M&I once you obtain New Employer Insurance.  Until the earlier of (a) your eligibility for New Employer Insurance or (b) June 30, 2006, M&I will provide you with continuing medical and dental insurance that is subsidized by M&I on the same basis as for full-time M&I employees.  Nothing in this paragraph affects your rights under the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (COBRA), which will commence with the termination of your employment with M&I.

2.

Company Car and Release.  In exchange for your execution of the attached release after termination of your employment with M&I, and not revoking the release during the applicable rescission period, M&I will transfer to you the 2004 Lexus GX470, which is your company car.  You are responsible for all income and employment taxes associated with the transfer, and to the extent withholding of such taxes is required, they will be withheld from your last paycheck.  If the amount available from your paycheck is insufficient to cover the withholding, you agree to pay M&I for any excess upon our request.

3.

Compensation Arrangements.  Any options for M&I common stock that are vested as of your last day of employment (March 24, 2006) will be exercisable for three months after your termination of employment in accordance with their terms.  All unvested equity awards, as well as your participation in the Company’s Long-Term Incentive Plan and any other compensation plans, will terminate on March 24, 2006, and no payments will be made to you thereunder.  Your Change of Control Agreement with M&I dated October 18, 2004 will terminate on March 24, 2006.  Any balances you have in M&I’s Executive Deferred Compensation Plans will be paid to you in accordance with the terms of the plans and your elections thereunder, except to the extent of the balances attributable to the supplemental retirement contributions which are not vested.

4.

Voluntary Termination of Employment.  You agree that your termination of employment is voluntary and thus you are not entitled to any severance benefits under any plan or arrangement of M&I, and that you will not file for unemployment benefits.

John, all of us at M&I have enjoyed getting to know you and your family, and wish you much success in your future endeavors.

Yours truly,

/s/ Paul J. Renard

Paul J. Renard, Senior Vice President

I agree with and accept the above-mentioned terms contained in this letter agreement and agree to be bound by them.

Dated this 14th day of March, 2006.

/s/ John M. Presley         

John M. PresleyEXHIBIT 10.3

Exhibit 10.3

March 1, 2006

Mr. Malcolm M. Aslin

6415 High Drive

Mission Hills, KS  66208

Dear Mick:

The purpose of this letter (the “Letter Agreement”) is to set forth our agreement regarding certain employment-related matters.  This Letter Agreement shall be null and void and of no further effect if the merger of Gold Banc Corporation, Inc. (“Gold Banc”) with and into Marshall & Ilsley Corporation (“M&I”) (the “Merger”) does not occur. 

1.

Employment Termination/Bonus. Your employment with Gold Banc will terminate on the date of the Merger (the “Merger Date”).  As a result, you will no longer be entitled to payments of base salary or participation in the welfare benefit plans of Gold Banc or M&I after the Merger Date, except as provided in the Consulting Agreement referenced below.  You will receive a bonus in the amount of $220,000 if (a) you remain in the employ of Gold Banc until the Merger Date and (b) you continue to assist in the transition planning for combining the Gold Banc operations and personnel with those of M&I.  The bonus will be paid on the first payroll date following the Merger Date, will be subject to applicable federal and state income and employment tax withholding.  This amount includes payment for any unused personal or vacation days at the time your employment terminates, and you will receive no separate payment therefor.  In exchange for this payment, you agree not to apply for unemployment compensation benefits from Gold Banc or M&I respecting the end of your employment. 

2.

Change of Control Payment.  Pursuant to your Change in Control Agreement with Gold Banc (the “Agreement”), M&I will pay you an amount equal to two years’ base salary ($1,084,126) in a lump sum on the date that is six months and one day after the Merger Date.  You will receive interest on this payout for the six-month deferral period at an annualized rate of 3.92%.  The total interest paid to you will be $21,423 and will also be reportable as taxable income to you.  This total payment is in lieu of any severance or other termination benefits you would otherwise be entitled to under any other plan, policy or arrangement of Gold Banc or M&I, and such amounts will not count as compensation for purposes of any of their qualified or nonqualified retirement or welfare benefit plans.  This amount will be reduced by any applicable federal and state income and employment tax withholding.  You will not be entitled to this amount if your employment terminates prior to the Merger, or if the Merger does not occur.  

3.

Consulting Agreement.  You and M&I agree to enter into a Consulting Agreement in the form attached hereto.

4.

M&I Board Service.  Promptly after the Merger, M&I will take such action as may be reasonably necessary to appoint you to its Board of Directors with a term expiring at M&I’s 2008 Annual Meeting of Shareholders.  Also, you will be named Chairman of both the Kansas City and Florida Advisory Boards for a term expiring on the same date as M&I’s 2008 Annual Meeting of Shareholders.  Compensation as a non-employee director of M&I’s Board and chairman of the Advisory Boards will begin upon your appointment.  Your compensation as chairman of the Advisory Boards will be $10,000 annually for each board, and will be in lieu of any other retainer or meeting fees.

5.

Equity Awards.  Nothing in this letter will adversely affect the vesting of the equity awards made to you by Gold Banc, which shall vest in accordance with their terms.

6.

Miscellaneous. This Letter Agreement shall be governed and construed in accordance with the laws of Kansas, without regard to their principles of conflicts of laws, except to the extent superseded by Federal law, and shall be binding upon the parties hereto and their respective successors and assigns. This Letter Agreement may not be amended without the written consent of M&I and you.  

You may accept this Letter Agreement by signing it in the space provided below and returning it to Paul Renard at Marshall & Ilsley Corporation, 770 North Water Street, Milwaukee, Wisconsin, 53202.

Very truly yours,

MARSHALL & ILSLEY CORPORATION

By:    /s/ Paul J. Renard                                  

Paul J. Renard, Senior Vice President

I agree with and accept the above-mentioned terms contained in this letter agreement and agree to be bound by them.

Dated this 14th day of March, 2006.

/s/ Malcolm M. Aslin        

Malcolm M. AslinEXHIBIT 10.4

Exhibit 10.4

CONSULTING AGREEMENT

THIS CONSULTING AGREEMENT is entered into and made effective this 1st day of March, 2006 between M&I MARSHALL & ILSLEY BANK (the “Bank”) and MALCOLM M. ASLIN (“Executive”).

RECITALS

Executive possesses intimate knowledge of the business and affairs of Gold Banc Corporation, Inc. and its affiliates, which will be merging with and into Marshall & Ilsley Corporation (“M&I”) and its affiliates.

The Bank desires to assure the continued services of Executive on its own behalf and on behalf of M&I and its other affiliates following his termination of employment with the Bank for the period provided in this Agreement.  Executive is willing to continue to provide certain services to the Bank, M&I and its other affiliates for such period, upon the terms and conditions hereinafter set forth.  

NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained, the parties agree as follows:

1.

Consulting.  Starting on the date of the merger of Gold Banc Corporation with and into M&I (the “Merger Date”), Executive agrees to provide the services described in Paragraph 3 hereof for the period stated in Paragraph 2 hereof, subject to the other terms and conditions herein provided.

2.

Term.  The term shall begin on the Merger Date, and shall continue until (a) such time as this Agreement is terminated by written notice, with at least ninety (90) days’ written notice by either of the parties hereto, or (b) by Executive’s death or disability such that he is unable to perform his duties hereunder (the “Term”).  In no event will the Bank give written notice so that the Term will end prior to the first anniversary of the Merger Date.

3.

Duties.  During the Term, Executive shall devote his best efforts and such of his business time, attention, skill and efforts as are necessary to consult with the management employees and Boards of Directors of M&I and its affiliates, including the Bank, with respect to such matters as may be reasonably requested by the M&I or its affiliates.  Executive shall also maintain continued involvement with area businesses and community-based organizations on the Bank’s behalf and will continue to cultivate both business development and expansion opportunities in Kansas City, the west coast of Florida and the surrounding markets.  

4.

Compensation.  As compensation for the services to be provided pursuant to this Agreement, Executive shall receive from M&I or the Bank, as applicable, the benefits set forth below:

A.

Consulting Fee.  During the Term, the Bank shall pay Executive a consulting fee equal to Ten Thousand Dollars ($10,000) per month, payable at the beginning of each month.  The consulting fees paid to Executive will not be eligible to be included as compensation for purposes of any qualified or nonqualified pension or welfare benefit plans of M&I or its affiliates.  The Bank will not withhold any federal, state or local income or employment taxes from the compensation unless a taxing authority determines that Executive is not an independent contractor.

B.

Reimbursement of Expenses.  The Bank will pay or reimburse Executive for all reasonable travel and other expenses incurred by Executive in the performance of his duties hereunder upon submission of documentation in accordance with the Bank’s expense reimbursement policy.

C.

Health Insurance.  For the first eighteen months after the Merger Date, Executive and his spouse will be eligible to participate in M&I’s health and dental plans to the extent that Executive elects continuation coverage in accordance with the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”).  M&I will subsidize health and dental coverage (including payment of the COBRA premiums) for Executive and his spouse (as of the date of this Consulting Agreement, and for so long as she remains Executive’s spouse) in the same monthly dollar amount as it subsidizes health and dental coverage for full-time M&I employees and their spouses for so long as the Term continues.  Any taxes associated with such subsidy are the responsibility of Executive.  The period for which Executive and his spouse are entitled to continuation coverage under COBRA will commence on the Merger Date and will run for eighteen months.  If the Term extends beyond the COBRA period, Executive and his spouse will continue to be eligible to participate in M&I’s health and dental plans during the Term pursuant to the contractual terms of this Consulting Agreement, and the M&I subsidy will continue on the terms set forth above, however Executive or his spouse will have no COBRA rights at the end of the Term.  Again, any taxes associated with such subsidy are the responsibility of Executive.  Notwithstanding the foregoing, Executive will have the ability to purchase health and dental coverage at a rate equal to that offered under COBRA for no less than six months following the end of the Term.

D.

Club Dues.  For the Term, the Bank will pay the annual membership dues for the Indian Hills Country Club, the River Club and the Carriage Club in Kansas City and the Lemon Bay Country Club in Florida.

5.

Confidentiality, Non-Solicitation and Non-Competition Provisions.  In consideration of the benefits provided above, Executive agrees to act in accordance with each of the following provisions, which Executive acknowledges to be severable and independent of one another.  The term “Company” means Marshall & Ilsley Corporation (“M&I”), the Bank, Gold Banc Corporation, Inc. (“Gold Banc”) and any Affiliate.  “Affiliate” means any corporation, partnership, limited liability company or other business entity which, directly or indirectly through one or more intermediaries, is or was controlled by M&I or Gold Banc.  The term “control” means the power, directly or indirectly, to vote 50% or more of the securities which have ordinary voting power in the election of directors (or individuals filling any analogous positions).

A.

Confidentiality.  For the Term, Executive agrees that he will not, directly or indirectly, use or disclose any Confidential Information of the Company except for use in connection with his duties for the Company.  For purposes of this Agreement, “Confidential Information” is defined as all non-Trade Secret information possessed by the Executive about the Company and its business activities, which (i) is not generally known (other than as a result of disclosure by him in violation of this paragraph (a)) and is used or is useful in the conduct of the business of the Company, (ii) confers or tends to confer a competitive advantage over one who does not possess the information, or (iii) derives independent economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by, other persons who can obtain economic values from its disclosure or use.  “Trade Secret” has the meaning assigned in the applicable state law governing trade secrets.  Nothing in this restriction shall be deemed to limit Executive’s obligations to treat Trade Secrets of the Company in the manner contemplated by the applicable state law governing such trade secrets, and Executive agrees to take all reasonable steps to protect such Trade Secrets in accordance with applicable law.  If Executive is requested or becomes legally required or compelled (by oral questions, interrogatories, requests for information or documents, subpoena, civil or criminal investigative demand, or similar process) or is required by a governmental body to make any disclosure that is prohibited or otherwise constrained by this Agreement, Executive will provide M&I with prompt written notice of such request so that it may seek an appropriate protective order or other appropriate remedy.  Subject to the foregoing, Executive may furnish that portion (and only that portion) of the Confidential Information that he is legally compelled or are otherwise required to disclose.

B.

Non-Solicitation of Customers.  For the Term, Executive agrees not to solicit, entice or encourage any Customer of the Company so as to cause or attempt to cause such Customer not to do business with the Company, to diminish its business with the Company, or to purchase products or services sold by the Company from any source other than the Company.  For purposes of this paragraph, “Customer” shall mean any person or business (i) which purchased products or services from the Company during the one (1) year period preceding the date of the solicitation, enticement or encouragement; and (ii) with whom Executive had Direct Contact on behalf of the Company during such one (1) year period.  For purposes of this Paragraph, the term “Direct Contact” means intentional contact by the Executive to either establish, maintain or enhance the Company’s business relationship with Customer, whether contact was in person, by phone, or in writing, other than a general mailing sent to a broad-based group under Executive’s signature.

C.

Non-Solicitation of Employees.  For the Term, Executive will not induce or attempt to induce any employee of the Company to terminate his or her employment with, or reduce the hours he or she works for, the Company.

D.

General Non-Competition Provisions.  For the Term, Executive agrees not to directly or indirectly perform services of the type performed by Executive for the Company for any Competitor of the Company where the services Executive provides directly relate to or benefit any of the Competitor’s business activities within 35 miles of any of the Company’s business locations unless M&I has first consented in writing thereto.  In addition, for the Term, Executive agrees not to engage, directly or indirectly, in any business which is substantially similar to or competes with the business of the Company within 35 miles of any of the Company’s business locations, either as a proprietor, partner, employee, agent, owner (or in the case of a publicly-traded company, a greater than five percent shareholder), partner, officer, director, independent contractor, or otherwise, unless M&I has first consented in writing thereto.  For purposes of this paragraph, “Competitor” shall mean an entity in the financial services business which is engaged in deposit taking, lending, or trust products or services.

E.

Acknowledgement/Consequences of Breach.  Executive acknowledges that irreparable and incalculable injury will result to the Company, its business or properties, in the event of a breach by Executive of any of the restrictions set forth in this Paragraph 5.  Executive therefore agrees that, in the event of any such actual, impending or threatened breach, the Company will be entitled, in addition to any other remedies, to temporary and permanent injunctive relief (without necessity of posting a bond or other security) restraining the violation or further violation of such restrictions by Executive.  Executive further agrees that in the event of any such breach, the Company shall be entitled to recover from Executive the monetary value of all consideration paid to him under this Consulting Agreement and suspend all future payments and benefits which might otherwise be due to Executive hereunder.  The election of any one or more remedies by the Company shall not constitute a waiver of its right to pursue other available remedies.

6.

Miscellaneous.

A.

Amendment.  This Agreement may not be amended or modified except by written instrument executed by the Company and Executive.

B.

Letter Agreement.  The benefits provided to the Executive hereunder are in addition to the post-termination benefits provided to Executive under the Letter Agreement.

C.

No Merger.  If the merger of Gold Banc Corporation, Inc. with and into Marshall & Ilsley Corporation does not occur, this Agreement will be void and of no further effect.

D.

Miscellaneous.  This Agreement shall be governed by the laws of the State of Kansas, without regard to its conflicts of law provisions. This Agreement shall be binding upon, inure to the benefit of and shall be enforceable by the Company, Executive and their successors and assigns.  Each provision of this Agreement is severable, and the unenforceability of any provision shall not affect the enforceability of any other provision of this Agreement. If any provision of Paragraph 5 is deemed to be unenforceable, it shall be modified to the minimal extent necessary so that the provision will be enforceable. 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written. 

M&I MARSHALL & ILSLEY BANK

By:

/s/ Paul J. Renard                                    

Paul J. Renard, Senior Vice President

EXECUTIVE

/s/ Malcolm M. Aslin                                         

Malcolm M. Aslin

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