Document:

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                                                                   Exhibit 10.7

                            NATIONAL CITY CORPORATION
                     SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
                     (as Amended and Restated July 1, 2002)

                       ARTICLE 1. THE PLAN AND ITS PURPOSE

         1.1 AMENDMENT AND RESTATEMENT OF THE PLAN. The following are the
provisions of the National City Corporation Supplemental Executive Retirement
Plan (herein referred to as the "SERP") effective as of July 1, 2002 (herein
referred to as the "Effective Date"), which is an amendment and restatement of
the SERP which was in effect prior thereto (hereinafter referred to as the
"Prior Plan"). The SERP as amended and restated herein is effective as of the
Effective Date with respect to certain employees who retire, become disabled,
die or otherwise terminate employment on or after the Effective Date. Benefits
with respect to Employees who retired, became disabled, died or otherwise
terminated employment prior to the Effective Date shall be governed by the
provisions of the Prior Plan.

         1.2 PURPOSE. The purpose of the SERP is to provide for the payment of
certain pension, disability and survivor benefits in addition to benefits which
may be payable under other plans of the Corporation. The Corporation intends and
desires by the provisions of the SERP to recognize the value to the Corporation
of the past and present service of employees covered by the SERP and to
encourage and assure their continued service to the Corporation by making more
adequate provision for their future security than other plans of the Corporation
provide.

         1.3 OPERATION OF THE SERP. The SERP shall be administered by the Plan
Administrator.

                             ARTICLE 2. DEFINITIONS

         2.1 DEFINITIONS. Whenever used herein, the following terms shall have
the meanings set forth below, unless otherwise expressly provided. When the
defined meaning is intended, the term is capitalized.

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                  (a) "Accrued Benefit" shall mean as of any time the benefit to
be provided an Participant expressed in the form of a single life annuity
commencing on such date that is equal to the amount determined by subtracting
(b) and (c) from (a), where (a) is an amount determined by dividing the
Participant's SERP Cash Balance Account as of such date by an immediate annuity
factor for one dollar of benefit payable as a single life annuity based upon the
Participant's Age, such immediate annuity factors being set forth in Section
2.1(b) below, (b) is the Participant's "Accrued Benefit" under the Retirement
Plan, and (c) is the Participant's annual retirement benefit (or Actuarial
Equivalent Benefit as determined by the Actuary) payable with respect to the
Participant pursuant to any program designated by the Committee to serve as a
SERP Offset Program.

                  (b) "Actuarially Equivalent Benefit" means the actuarially
equivalent benefit determined under the SERP using (i) the mortality table
prescribed in Rev. Rul. 2001-62 and (ii) the interest rate utilized in the
Retirement Plan for actuarial equivalence calculations.

                  (c) "Actuary" means an independent actuary or firm of
actuaries engaged by the Plan Administrator at its sole discretion. Such actuary
or firm may be, but shall not be required to be, the same actuaries engaged by
Corporation to perform actuarial services with respect to the Retirement Plan.

                  (d) "Age" means a person's actual age calculated in years and
whole calendar months.

                  (e) "Award" means a Participant's award(s), if any, under the
Management Incentive Plans for Senior Executives.

                  (f) "Base Pay" means the regular salary and straight-time
hourly wages paid by an Employer to an Employee. Except as otherwise determined
by the Committee in its sole

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discretion, Base Pay shall not include overtime pay, bonuses, suggestions
awards, commissions, incentive compensation payment or other forms of special
compensation.

                  (g) "Benefit Commencement Date" means the first day of the
first period for which a Participant's benefits are to be paid as an annuity or
any other form, without regard to whether the Participant's benefits is actually
paid or commences to be paid on such date.

                  (h) "Change in Control" see Section 12.2.

                  (i) "Committee" means the Compensation and Organization
Committee of the Board of Directors of the Corporation.

                  (j) "Corporation" means National City Corporation, a Delaware
corporation, and any successor corporation.

                  (k) "Death Beneficiary" shall mean the person who may be
entitled to receive benefits payments under the SERP in the event of the death
of a Participant. Such person or persons may be designated by the Participant
(and such designation may be revoked or changed without the consent of any
previously designated Death Beneficiary), only by an instrument, in form
acceptable to the Plan Administrator, signed by the Participant and filed with
the Plan Administrator before the earlier of (i) the Participant's death, or
(ii) the Participant's Benefit Commencement Date. In the event that a Death
Beneficiary shall not have been designated hereunder (or, if so designated shall
have not survived the Participant), a Participant's Death Beneficiary shall be
the person designated or otherwise treated as his or her designated beneficiary
under the Retirement Plan.

                  (l) "Disability" shall mean a disability as defined by the
provisions of the Long Term Disability Plan.

                  (m) "Effective Date" shall mean July 1, 2002.

                  (n) "Employee" shall mean an individual employed with an
Employer on a regular, active and full-time salaried basis

                  (o) "Employer" shall mean the Corporation or any corporation,
organization or entity controlled by the Corporation.

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                  (p) "FICA" means the Federal Insurance Contributions Act.

                  (q) "Final Average Total Earnings" means the average of a
Participant's five (5) highest consecutive years of Base Pay out of the last ten
(10) years, plus the average of the Participant's five (5) largest (not
necessarily consecutive) Total Awards for any of the ten (10) calendar years
completed immediately prior to the date of determination.

                  (r) "Interest Credits" shall mean the amount, as of the end of
each month, to be credited to each SERP Cash Balance Account as interest. The
annual rate of interest to be credited shall the applicable rate of interest set
forth in the Retirement Plan.

                  (s) "Internal Revenue Code" means the Internal Revenue Code of
1986, as amended and in effect from time to time.

                  (t) "Long Term Disability Plan" means the National City
Long-Term Disability Plan as in effect from time to time and any successor
disability plan, with any amendment(s) thereto from time to time, effective as
of the effective date(s) of such amendment(s), and the same is hereby
specifically referred to and shall form a part of the SERP as fully as if set
forth in an exhibit to the SERP.

                  (u) "Management Incentive Plans for Senior Officers" means the
National City Corporation Management Incentive Plan for Senior Officers and the
National City Mortgage Co. Management Incentive Plan for Senior Officers
together with any predecessor or successor plans, as in effect from time to
time. Such plans are hereby specifically referred to and shall form a part of
the SERP as fully as if set forth in an exhibit to the SERP.

                  (v) "Minimum Benefit" means, for any Participant who was a
Participant in the Prior Plan immediately preceding the Effective Date, a single
life annuity equal to his "Accrued Benefit" under the Prior Plan taking into
account all Vesting Service; provided, however, that for purposes of calculating
such Minimum Benefit, SERP Earnings and Final Average Total Earnings shall be
capped at an amount equal to the sum of the Participant's Base Pay for 2001 plus
his Total Awards payable in 2002. For each year in which this cap is applicable,
SERP Earnings shall be capped by first limiting the amount of Total Awards
payable

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in that year used in determining Final Average Total Earnings. The offsetting
values of the Participant's "Accrued Benefit" under the Retirement Plan and any
annual retirement benefit under any SERP Offsetting Programs shall be determined
as of his Benefit Commencement Date.

                  (w) "Normal Retirement Age" means the earlier of age 65, or
age 62 with 20 or more years of Vesting Service.

                  (x) "Opening Account Balance" shall mean the amount, if any,
credited to a Participant's SERP Cash Balance Account as of the Effective Date.
With respect to each Participant who was a "Participant" in the Prior Plan
immediately preceding the Effective Date, an amount which shall be credited as
of the Effective Date to his SERP Cash Balance Account and which is the present
value of the Participant's "Accrued Benefit" under the Prior Plan (prior to any
offset thereunder), calculated using the Participant's "Vesting Service" under
the Prior Plan as of the Effective Date (or projected to age 55, if greater).
For purposes of calculating the amount of any Opening Account Balance, present
value shall be determined using the 1984 Unisex Pension Mortality Table
(reflecting a one-year set back) and an interest rate of 4-1/4% and a benefit
commencement age of 62 (or current age, if greater). Notwithstanding the
foregoing, the Committee acting at its discretion may credit additional amounts
to a Participant's Opening Account Balance irrespective of whether such
Participant was a "Participant" in the Prior Plan.

                  (y) "Participant" means an Employee who is selected from time
to time by the Committee pursuant to Article 3 of the SERP for participation in
one or more of the benefits under the SERP (or a portion of the SERP).

                  (z) "Plan Administrator" means a committee consisting of the
Corporate Director Human Resources, the Director Executive Compensation, and the
Director Compensation & Benefits, or such other group as established by the
Corporate Director Human Resources to serve as administrator of the SERP.

                  (aa) "Plans" means the Retirement Plan and the Long Term
Disability Plan as in effect from time to time.

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                  (bb) "Prior Plan" means the SERP as in effect immediately
prior to the Effective Date.

                  (cc) "Retirement Plan" means the National City
Non-Contributory Retirement Plan. The Retirement Plan is specifically referred
to and shall form a part of the SERP as fully as if set forth in an exhibit to
the SERP.

                  (dd) "SERP" means the Supplemental Executive Retirement Plan
as effective on and after the Effective Date.

                  (ee) "SERP Cash Balance Account" means as of any date, the
notation account established and maintained for a Participant which shall be
credited with the Participant's (i) Opening Account Balance, if any, (ii) SERP
Pay Credits and (iii) Interest Credits.

                  (ff) "SERP Disability Benefit" means the benefit provided for
by Article 6 of the SERP.

                  (gg) "SERP Early Retirement Benefit" means the early
retirement benefit provided for by Section 4.3 of the SERP.

                  (hh) "SERP Earnings" means all compensation paid to an
Employee or electively deferred by an Employee excluding automobile and parking
allowances, relocation expense payments, tuition reimbursements, signing
bonuses, business expense reimbursements, the value of flex vacation bought or
sold, Employer-paid club dues, cash payments upon the exercise of stock
appreciation rights, cash payments upon the exercise of or disposition of stock
options, dividends paid upon restricted stock, cash payments under any long-term
incentive plan, deferred cash payments, Mexican tax refunds, medical
supplemental adjustment payments, tax adjustments on certain payments, the lapse
of restricted stock, payments under nonqualified retirement plans, lump sum
severance payments and amounts not taxable to an Employee. For purposes of
clarification, SERP Earnings shall be calculation without regard to any
limitations on compensation as set forth in the Retirement Plan or in Section
401(a)(17) of the Internal Revenue Code .

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                  (ii) "SERP Later Retirement Benefit" means the later
retirement benefit provided for by Section 4.3 of the SERP.

                  (jj) "SERP Pay Credits" shall mean the amount, as of the end
of each month, to be credited to the SERP Cash Balance Account of each
Participant as pay credits. The SERP Pay Credit shall be calculated in the same
manner as "Pay Credits" under Section 1.1(33)(a) of the Retirement Plan, except
that (1) such SERP Pay Credits shall be calculated on the basis of SERP Earnings
and Vesting Service; and (2) in lieu of any "additional Pay Credits" which might
be credited under Section 1.1(33)(b) of the Retirement Plan, additional SERP Pay
Credits in an amount equal to 9% of an eligible Participant's SERP Earnings be
will be credited to such eligible Participant's SERP Cash Balance Account. A
Participant shall be eligible to receive such additional SERP Pay Credits if,
the Participant (i) was a "participant" in the Prior Plan immediately preceding
the Effective Date, and (ii) had not attained Age fifty-five (55) as of the
Effective Date.

                  (kk) "SERP Normal Retirement Benefit" means the benefit
provided for by Section 4.2 of the SERP.

                  (ll) "SERP Offset Program" means a program or combination of
programs designated by the Committee to be a SERP Offset Program with respect to
one or more benefits otherwise provided by the SERP, as determined by the
Committee.

                  (mm) "SERP Retiree" means a Participant who has become
eligible for a SERP Retirement Benefit or who would become eligible for such a
benefit except for the existence of a SERP Offset Program.

                  (nn) "SERP Retirement Benefit" means the benefit provided for
by Section 4.1 of the SERP.

                  (oo) "SERP Survivor Benefit" means the benefit provided for by
Article 5 of the SERP.

                  (pp) "Social Security Disability Benefits" means the amount
which a Participant would be entitled to receive from the United States Social
Security System upon

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proper application therefor, as disability benefits under such System, and in
the event the Participant declines or fails to apply for any such benefit, such
term shall also include all such amounts which would be payable if application
were made.

                  (qq) "Total Awards" for any calendar year shall mean the
Participant's Awards for such year, if any, under the Management Incentive Plans
for Senior Executives.

                  (rr) "Vesting Event" means the earliest of the following dates
with respect to a Participant or surviving spouse:

                       (1)      the date the Participant has attained age
                                fifty-five (55),

                       (2)      the date any benefit is in payment status
                                hereunder, and

                       (3)      the Effective Date of a Change in Control (as
                                defined in Article XII).

                  (ss) "Vesting Service" means Vesting Service as determined
under the Retirement Plan. Notwithstanding the foregoing, the Committee acting
at its sole discretion may credit a Participant with additional years of Vesting
Service.

                    ARTICLE 3. ELIGIBILITY AND PARTICIPATION

         3.1 ELIGIBILITY. The eligibility for benefits under the SERP shall be
limited to management and highly-compensated Employees. The Committee may, from
time to time and in its discretion designate certain Employees of the
Corporation or its subsidiaries to be eligible for one or more of the benefits
under the SERP, but not eligible for the remainder of such benefits.

         3.2 REMOVAL FROM PARTICIPATION. The Committee may, from time to time
and in its discretion, remove any employee from the list of Participants,
provided such removal shall be effective only upon communication thereof in
writing to the Participant prior to the earlier to occur of the following dates:
(1) the date of the Participant's death, Disability, or retirement, whichever
first occurs, and (2) the date of the Committee's approval of the Participant's
Early Retirement as provided for in Article 4 hereof, and provided further that
in the event such removal takes place after a Vesting Event, such removal shall
not serve to reduce any

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Participant's Accrued Benefit. Upon a removal of a Participant prior to the
occurrence of a Vesting Event he or she shall no longer be a Participant in the
SERP.

                       ARTICLE 4. SERP RETIREMENT BENEFIT

         4.1 SERP RETIREMENT BENEFITS. "SERP Retirement Benefits" constitute the
SERP Normal Retirement Benefit, the SERP Early Retirement Benefit and the SERP
Later Retirement Benefit provided for by this Article 4.

         4.2 ELIGIBILITY FOR SERP NORMAL RETIREMENT BENEFIT. Each Participant
becomes eligible for a SERP Normal Retirement Benefit upon attaining the Normal
Retirement Age.

         4.3 ELIGIBILITY FOR EARLY RETIREMENT BENEFIT. A Participant may become
eligible for a SERP Early Retirement Benefit prior to attainment of age 62 but
only upon the approval of the Committee acting in its discretion.

         4.4 SERP NORMAL RETIREMENT BENEFIT. The annual SERP Retirement Benefit
shall be an amount equal to the Participant's Accrued Benefit (or Minimum
Benefit, if greater). Such SERP Normal Retirement Benefit shall begin with the
month following the termination of employment and continue during his/her
lifetime, the last monthly payment to be made on the first day of the month in
which he/she dies.

         4.5 SERP EARLY RETIREMENT BENEFIT. The annual SERP Early Retirement
Benefit shall be an amount per month equal to the Participant's Accrued Benefit
(or Minimum Benefit reduced for early commencement in accordance with the
factors set forth in Table A, if greater) as of his Benefit Commencement Date. A
Participant may elect to receive a SERP Early Retirement Benefit commencing on
the first day of any month (not later than the first day of the month following
his/her Normal Retirement Date) designated by him/her which date is subsequent
to his/her termination of employment and continuing during his/her lifetime, the
last monthly payment to be made on the first day of the month in which he/she
dies.

         4.6 OFFSET OF SERP RETIREMENT BENEFIT. The amount otherwise payable to
a Participant, or Death Beneficiary hereunder may be reduced by the amount of
the payments, if

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any, made from time to time by the Corporation of the Participant's portion of
FICA taxes pursuant to Section 7.3 of the Plan.

         4.7 PAYMENT OF SERP RETIREMENT BENEFIT. The SERP Retirement Benefit
shall be payable pursuant to the same optional forms as are permitted to be
elected under the Retirement Plan, provided however, that (1) the form and
method of payment is subject to the approval of the Plan Administrator, acting
in its discretion, (2) there shall be no requirement for consent of
Participant's spouse for any election to be effective under the SERP, (3) a lump
sum payment of an Actuarially Equivalent Benefit (or a portion thereof), as
determined by the Actuary, may be made at the election of the Plan Administrator
acting in its discretion, and (4) the Plan Administrator in its discretion may
select a combination of methods of payment of the SERP Retirement Benefit.

                        ARTICLE 5. SERP SURVIVOR BENEFIT

         5.1 ELIGIBILITY FOR SERP SURVIVOR BENEFIT. If a Participant dies before
his/her Benefit Commencement Date, his/her Death Beneficiary shall be entitled
to a monthly SERP Survivor Benefit payable in the form of a single life annuity
for the rest of his/her life. If the Participant dies before he/she has
satisfied the eligibility requirements for a SERP Early or Normal Retirement
Benefit, the amount of the SERP Survivor Benefit shall be equal to 50% of the
Participant's SERP Accrued Benefit (or Minimum Benefit, if greater). If the
Participant dies after he/she has satisfied the eligibility requirements for a
SERP Early or Normal Retirement Benefit, the amount of the SERP Survivor Benefit
shall be equal to 66-2/3% of the Participant's SERP Accrued Benefit (or Minimum
Benefit, if greater).

         5.2 COMMENCEMENT OF SURVIVOR BENEFIT. The SERP Survivor Benefit
provided in Section 5.1 shall commence to be paid to the Death Beneficiary on
the first day of any month after the Participant's Death, but in no event later
than the December 1 of the calendar year immediately following the calendar year
in which the Participant died. Notwithstanding the foregoing provision of this
Section, if a Death Beneficiary does not elect to receive or commence to receive
his/her SERP Survivor Benefit at least 30 days before the December 1 of the
calendar

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year immediately following the calendar year in which the Participant died, the
SERP Survivor Benefit shall be paid to the Death Beneficiary in the form of a
single lump sum distribution by the December 31 of the calendar year.

         5.3 METHOD OF PAYMENT OF SERP SURVIVOR BENEFIT. The SERP Survivor
Benefit shall be payable in the same manner as the Survivor Benefit under the
Retirement Plan is paid, provided however, that in the discretion of the Plan
Administrator (1) such benefit (or a portion thereof) may be paid in a lump sum
payment of an Actuarially Equivalent Benefit, as determined by the Actuary, and
(2) the Plan Administrator in its discretion may select a combination of methods
of payment of the SERP Survivor Benefit.

                       ARTICLE 6. SERP DISABILITY BENEFIT

         6.1 ELIGIBILITY FOR SERP DISABILITY BENEFIT. In the event a SERP
Participant suffers a Disability prior to retirement a SERP Disability Benefit
shall be payable.

         6.2 AMOUNT OF SERP DISABILITY BENEFIT. The annual SERP Disability
Benefit shall be equal to 60% of the Participant's Base Pay at the time of the
Disability, LESS the sum of:

                  (a) the annual amount of the benefit (or Actuarially
                  Equivalent Benefit, as determined by the Actuary) payable to
                  the Participant under the Long Term Disability Plan,

                  (b) the annual amount of benefit payable to the Participant as
                  Social Security Disability Benefit,

                  (c) the annual amount of disability benefit (or Actuarially
                  Equivalent Benefit, as determined by the Actuary) payable to
                  the Participant pursuant to any program designated by the
                  Committee to serve as a SERP Offset Program, and

                  (d) the amount of the payments, if any, made from time to time
                  by the Employer of the Participant's portion of FICA taxes
                  pursuant to Section 7.3 of the SERP.

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Such SERP Disability Benefit shall begin with the month following the date upon
which the Participant suffers a Disability and shall continue until the earliest
of: (i) the Participant's death; (ii) the Participant's Normal Retirement Age;
(iii) the Participant's commencement of SERP Retirement Benefits pursuant to
Article IV of the SERP; or (iv) the Participant's ceasing to suffer from such
Disability.

         6.3 FORM OF PAYMENT OF SERP DISABILITY BENEFIT. The SERP Disability
Benefit shall be payable monthly, quarterly or annually as determined by the
Plan Administrator, acting in its discretion, provided however, that the Plan
Administrator may determine (1) that the same (or a portion thereof) shall be
payable in a lump sum payment of an Actuarially Equivalent Benefit, as
determined by the Actuary, and (2) the Plan Administrator in its discretion may
select a combination of methods of payment of the SERP Disability Benefit.

                            ARTICLE 7. MISCELLANEOUS

         7.1 PAYMENT OF BENEFITS. Benefits hereunder shall be paid by the
Corporation from its general assets, and shall not be paid from any trust fund
established pursuant to any one or more of the Corporation's qualified
retirement plans or the Long Term Disability Plan. All other provisions of the
Plans relating to the payment of benefits, including but not limited to the
dates of first and last payment of any benefits and the normal and optional
forms of benefit payment, shall apply to the payment of benefits hereunder,
except as otherwise specifically provided herein.

         7.2 ADMINISTRATION. Except as herein provided, the SERP shall be
administered by the Plan Administrator which shall administer it in a manner
consistent with the administration of the Plans, except that the SERP shall be
administered as an unfunded plan which is not intended to meet the qualification
requirements of Section 401 of the Internal Revenue Code. The Plan Administrator
shall have full power and authority to interpret, construe and administer the
SERP and the Plan Administrator's interpretations and construction hereof, and
actions hereunder, including the timing, form, amount or recipient of any
payment to be made hereunder, shall be binding and conclusive on all persons for
all purposes. Neither the Plan Administrator

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nor any member thereof shall be liable to any person for any action taken or
omitted in connection with the interpretation and administration of the SERP
unless attributable to his or her own willful misconduct or lack of good faith.

         7.3 CORPORATION'S POTENTIAL PAYMENT OF FICA TAX. The Corporation may,
in its discretion, pay, for and on behalf of a Participant, the amount, if any,
of such Participant's portion of any FICA taxes which may accrue and become
payable during the Participant's employment which results from such
Participant's Accrued Benefit. At the discretion of the Corporation, the amount
of any such payments(s) by the Employer may serve to reduce such Participant's
benefits under this SERP, to the extent as is otherwise provided in the SERP.

         7.4 PARTICIPANTS' RIGHTS; DEATH BENEFICIARY'S RIGHTS. Except as
otherwise specifically provided, neither a Participant nor a Death Beneficiary
has rights under the SERP. It is specifically intended that no benefits shall be
payable under the SERP to a Participant or his/her Death Beneficiary prior to
the Participant's retirement either after attainment of Normal Retirement Age
or, upon Committee approval in accordance with the provisions of Section 4
hereof, at an earlier age, excepting only (a) disability benefits, if
applicable, (b) Survivor Benefits in the event of the death of the Participant
prior to retirement, and (c) the payment of benefits after the occurrence of a
Vesting Event with respect to the Participant. No Participant or his/her Death
Beneficiary shall have any title to or beneficial ownership in any assets of the
Corporation as a result of the SERP or its benefits.

         7.5 TIMING OF PAYMENTS HEREUNDER. Notwithstanding any other provision
of the SERP, the Committee may, in its discretion, determine that benefits under
the SERP may be made at any time prior to Normal Retirement Age or retirement,
whichever first occurs.

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                        ARTICLE 8. AMENDMENT; TERMINATION

         The Corporation expects to continue the SERP indefinitely, but reserves
the right, by action of the Committee, to amend it from time to time, or to
discontinue it if such a change or discontinuance is deemed necessary or
desirable. However, if the SERP should be amended or discontinued, the
Corporation shall remain obligated for benefits under the SERP with respect to
Participants and Death Beneficiaries whose benefits are in payment status at the
time of such action, with respect to any other Participants who have attained
Normal Retirement Age as of the date of such action, and, with respect to
Accrued Benefits, with respect to any other Participant as to whom a Vesting
Event has occurred.

                            ARTICLE 9. UNFUNDED PLAN

         PLAN NOT FUNDED. The SERP is an unfunded plan and its benefits are
payable solely from the general assets of the Corporation.

                             ARTICLE 10. FORFEITURES

         Notwithstanding any provision in the SERP to the contrary excepting
only the provisions of Article 12, in the event the Committee finds

                  (a) that an Employee or former Employee who has an interest
under the SERP has been discharged by his or her Employer in the reasonable
belief (and such reasonable belief is the reason or one of the reasons for such
discharge) that the Employee or former Employee did engage in fraud against the
Employer or anyone else, or

                  (b) that an Employee or former Employee who has an interest
under the SERP has been convicted of a crime as a result of which it becomes
illegal for his Employer to employ him or her; then any amounts held under the
SERP for the benefit of such Employee or former Employee or his or her
beneficiaries shall be forfeited and no longer payable to such Employee or
former Employee or to any person claiming by or through such Employee or former
Employee.

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         Each Participant agrees to the foregoing forfeiture provisions by his
or her acceptance of his or her invitation to participate in the SERP and by his
or her continued participation.

                     ARTICLE 11. RESTRICTIONS ON ASSIGNMENTS

         The interest of a Participant or his/her Death Beneficiary may not be
sold, transferred, assigned, or encumbered in any manner, either voluntarily or
involuntarily, and any attempt so to anticipate, alienate, sell, transfer,
assign, pledge, encumber, or charge the same shall be null and void; neither
shall the benefits hereunder be liable for or subject to the debts, contracts,
liabilities, engagements, or torts of any person to whom such benefits or funds
are payable, nor shall they be subject to garnishment, attachment, or other
legal or equitable process nor shall they be an asset in bankruptcy.

                          ARTICLE 12. CHANGE IN CONTROL

         12.1 TREATMENT OF BENEFITS.

                  In the event of a Change in Control:

                  (i) the Effective Date of such Change in Control shall be
         deemed a Vesting Event with respect to all Participants and Death
         Beneficiaries, and

                  (ii) the rights of all Participants in their Accrued Benefit
         (or Minimum Benefit, if greater) hereunder as of the Effective Date of
         such Change in Control shall be 100% vested and nonforfeitable,
         notwithstanding any other provision hereof.

         12.2 DEFINITION OF CHANGE IN CONTROL. "Change in Control" means the
occurrence of any of the following events:

                  (i) The Corporation is merged, consolidated or reorganized
         into or with another corporation or other legal person, and as a result
         of such merger, consolidation or reorganization less than sixty-five
         percent of the combined voting power of the then-outstanding securities
         of such corporation or person immediately after such transaction are
         held in the aggregate by the holders of

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         Voting Stock (as that term is hereafter defined) immediately prior to
         such transaction;

                  (ii) The Corporation sells or otherwise transfers all or
         substantially all of its assets to another corporation or other legal
         person, and as a result of such sale or transfer less than sixty-five
         percent of the combined voting power of the then-outstanding securities
         of such corporation or person immediately after such sale or transfer
         is held in the aggregate by the holders of Voting Stock immediately
         prior to such sale or transfer;

                  (iii) There is a report filed on Schedule 13D or Schedule
         14D-1 (or any successor schedule, form or report), each as promulgated
         pursuant to the Securities Exchange Act of 1934, as amended (the
         "Exchange Act"), disclosing that any person (as the term "person" is
         used in Section 13(d)(3) or Section 14(d)(2) of the Exchange Act) has
         become the beneficial owner (as the term "beneficial owner" is defined
         under Rule 13d-3 or any successor rule or regulation promulgated under
         the Exchange Act) of securities representing 15% or more of the
         combined voting power of the then-outstanding securities entitled to
         vote generally in the election of directors of the Corporation ("Voting
         Stock");

                  (iv) The Corporation files a report or proxy statement with
         the Securities and Exchange Commission pursuant to the Exchange Act
         disclosing in response to Form 8-K or Schedule 14A (or any successor
         schedule, form or report or item therein) that a change in control of
         the Corporation has occurred or will occur in the future pursuant to
         any then-existing contract or transaction; or

                  (v) If, during any period of two consecutive years,
         individuals who at the beginning of any such period constitute the
         Directors of the Corporation cease for any reason to constitute at
         least a majority thereof; provided, however, that for purposes of this
         clause (v) each Director who is first elected, or first nominated for
         election by the Corporation's stockholders, by a vote of at least

                                      -16-
<PAGE>

         two-thirds of the Directors of the Corporation (or a committee thereof)
         then still in office who were Directors of the Corporation at the
         beginning of any such period will be deemed to have been a Director of
         the Corporation at the beginning of such period.

         Notwithstanding the foregoing provisions of (iii) or (iv) above, unless
otherwise determined in a specific case by majority vote of the Board, a "Change
in Control" shall not be deemed to have occurred for purposes of (iii) or (iv)
above solely because (1) the Corporation, (2) an entity in which the Corporation
directly or indirectly beneficially owns 50% or more of the voting equity
securities (a "Subsidiary"), or (3) any employee stock ownership plan or any
other employee benefit plan of the Corporation or any Subsidiary either files or
becomes obligated to file a report or proxy statement under or in response to
Schedule 13D, Schedule 14D-1, Form 8-K or Schedule 14A (or any successor
schedule, form or report or item therein) under the Exchange Act disclosing
beneficial ownership by it of shares of Voting Stock, whether in excess of 15%
or otherwise, or because the Corporation reports that a change in control of the
Corporation has occurred or will occur in the future by reason of such
beneficial ownership.

         12.3 EFFECTIVE DATE OF CHANGE IN CONTROL. Notwithstanding the
foregoing, in the event a Change in Control ultimately results from discussions
or negotiations involving the Corporation or any of its officers or directors
the Effective Date of such Change in Control shall be the date such discussions
or negotiations commenced.

                  ARTICLE 13. BINDING ON CORPORATION, EMPLOYEES
                              AND THEIR SUCCESSORS

The SERP shall be binding upon and inure to the benefit of the Corporation, its
successors and assigns and each Participant and his/her Death Beneficiaries,
heirs, executors, administrators and legal representatives.

                           ARTICLE 14. LAWS GOVERNING

         The SERP shall be construed in accordance with and governed by the laws
of the State of Ohio.

                                      -17-
<PAGE>

         Executed this 28th day of June, 2002 at Cleveland, Ohio, but effective
as of July 1, 2002.

                                               NATIONAL CITY CORPORATION

                                               By: /s/ Shelley J. Seifert
                                                   ----------------------------
                                                   Shelley J. Seifert
                                                   Executive Vice President
                                                   Human Resources

                                      -18-
<PAGE>

                                     TABLE A

                              SERP Minimum Benefit

                     EARLY RETIREMENT REDUCTION PERCENTAGES
<TABLE>
<CAPTION>
 YEARS OF                                                 AGE
 VESTING                                                  ---
 SERVICE          55       56      57       58       59       60       61      62       63       64        65
 --------
<S>               <C>      <C>     <C>      <C>      <C>      <C>      <C>     <C>      <C>      <C>      <C>
    10            50%      54%     58%      62%      66%      70%      76%     82%      88%      94%      100%
    11            50%      54%     58%      62%      66%      70%      76%     82%      88%      94%      100%
    12            50%      54%     58%      62%      66%      70%      76%     82%      88%      94%      100%
    13            50%      54%     58%      62%      66%      70%      76%     82%      88%      94%      100%
    14            50%      54%     58%      62%      66%      70%      76%     82%      88%      94%      100%
    15            50%      54%     58%      62%      66%      70%      76%     82%      88%      94%      100%
    16            50%      54%     58%      62%      66%      70%      76%     82%      88%      94%      100%
    17            50%      54%     58%      62%      66%      70%      76%     82%      88%      94%      100%
    18            50%      54%     58%      62%      66%      70%      76%     82%      88%      94%      100%
    19            50%      54%     58%      62%      66%      70%      76%     82%      88%      94%      100%
    20            58%      64%     70%      76%      82%      88%      94%     100%     100%     100%     100%
    21            58%      64%     70%      76%      82%      88%      94%     100%     100%     100%     100%
    22            58%      64%     70%      76%      82%      88%      94%     100%     100%     100%     100%
    23            58%      64%     70%      76%      82%      88%      94%     100%     100%     100%     100%
    24            58%      64%     70%      76%      82%      88%      94%     100%     100%     100%     100%
    25            58%      64%     70%      76%      82%      88%      94%     100%     100%     100%     100%
    26            58%      64%     70%      76%      82%      88%      94%     100%     100%     100%     100%
    27            61%      64%     70%      76%      82%      88%      94%     100%     100%     100%     100%
    28            64%      67%     70%      76%      82%      88%      94%     100%     100%     100%     100%
    29            67%      70%     73%      76%      82%      88%      94%     100%     100%     100%     100%
    30            70%      73%     76%      79%      82%      88%      94%     100%     100%     100%     100%
    31            73%      76%     79%      82%      85%      88%      94%     100%     100%     100%     100%
    32            76%      79%     82%      85%      88%      91%      94%     100%     100%     100%     100%
    33            79%      82%     85%      88%      91%      94%      97%     100%     100%     100%     100%
    34            82%      85%     88%      91%      94%      97%      100%    100%     100%     100%     100%
    35            85%      88%     91%      94%      97%      100%     100%    100%     100%     100%     100%
    36            88%      91%     94%      97%      100%     100%     100%    100%     100%     100%     100%
    37            91%      94%     97%      100%     100%     100%     100%    100%     100%     100%     100%
    38            94%      97%     100%     100%     100%     100%     100%    100%     100%     100%     100%
    39            97%      100%    100%     100%     100%     100%     100%    100%     100%     100%     100%
    40            100%     100%    100%     100%     100%     100%     100%    100%     100%     100%     100%
</TABLE>

                                      -19-<PAGE>
                                                                   Exhibit 10.19

                            NATIONAL CITY CORPORATION

                                 RETENTION PLAN

                             FOR EXECUTIVE OFFICERS

                            EFFECTIVE APRIL 22, 2002

                  ARTICLE 1. ESTABLISHMENT AND PURPOSE OF PLAN

         1.1 AMENDMENT AND RESTATEMENT OF THE PREDECESSOR PLAN. The following
are the provisions of the National City Corporation Retention Plan for Executive
Officers, effective as of April 22, 2002 (the "Plan") which is an amendment and
restatement of the National City Corporation Long-Term Supplemental Incentive
Compensation Plan for Executive Officers, effective January 1, 2000.

         The Plan shall be effective for all purposes with respect to Plan Years
commencing on or after January 1, 2000, and with respect to all determinations
to be made on or after April 22, 2002.

         1.2 PURPOSE. The purpose of the Plan is to maximize the returns to
stockholders, to promote the long-term profitability and success of the
Corporation, and to help build loyalty to the Corporation by providing a
retention incentive to those key executives of the Corporation who are primarily
responsible for such profitability and success.

         1.3 OPERATION OF THE PLAN. The Plan shall be administered by the
Compensation and Organization Committee of the Board of Directors of the
Corporation. The Plan shall serve as a non-qualified plan providing for deferred
compensation as provided hereunder.

                             ARTICLE 2. DEFINITIONS

         2.1 DEFINITIONS. Whenever used herein, the following terms shall have
the meanings set forth below, unless otherwise expressly provided. When the
defined meaning is intended, the term is capitalized.

<PAGE>

         (a)      "Account" shall mean an account to be established and
                  maintained by the Corporation in the name of each Participant,
                  as described in Article 9.

         (b)      "Award" shall mean the retention amount awarded a Participant
                  by the Committee subject to such vesting schedule established
                  by the Committee.

         (c)      "Board" shall mean the Board of Directors of the Corporation.

         (d)      "Committee" shall mean the Compensation and Organization
                  Committee of the Board, or another committee appointed by the
                  Board to serve as the administering committee of the Plan.

         (e)      "Corporation" shall mean National City Corporation, a Delaware
                  corporation.

         (f)      "Disability" shall mean the inability, by reason of a
                  medically determinable physical or mental impairment, to
                  engage in substantial and gainful activity for a continuous
                  period of 26 weeks or more as determined by the Committee.

         (g)      "Early Retirement" shall mean retirement at or after age 55
                  with at least ten years of service with the Employers prior to
                  Normal Retirement.

         (h)      "Effective Date" see Section 1.1

         (i)      "Effective Date of a Change in Control" see Article 11.

         (j)      "Eligible Employee" shall mean an Employee who is employed in
                  a position meeting the defined eligibility criteria for
                  participation in the Plan, as set forth in Article 3.

         (k)      "Employee" shall mean an individual employed by an Employer on
                  a regular active and full-time salaried basis.

         (l)      "Employer" shall mean the Corporation or any corporation,
                  organization or entity controlled by the Corporation.

         (m)      "Exchange Act" shall mean the Securities Exchange Act of 1934,
                  as amended.

         (n)      "Normal Retirement" shall mean leaving the employ of all
                  Employers at or after the age 62 with at least twenty years of
                  continuous service with the Employers or

                                      -2-
<PAGE>

                  at or after the age 65 with at least 5 years of continuous
                  service with the Employers.

         (o)      "Participant" shall mean an Eligible Employee who is approved
                  by the Committee for participation in the Plan. Such approval
                  shall be determined with respect to each Award the Committee
                  grants hereunder and shall be effective on the grant date.

         (p)      "Performance Period" shall mean a period of time during which
                  a Participant must render services in order to become vested
                  in his or her Award as provided under section 2.1 (u) (1).
                  Each Performance Period and vesting schedule shall be
                  established by the Committee in connection with the grant of
                  each Award hereunder.

         (q)      "Payment Date" means anytime during February of the Plan Year
                  following the Termination Date.

         (r)      "Plan" see Section 1.1.

         (s)      "Plan Year" shall mean the calendar year. The first Plan Year
                  is 2000.

         (t)      "Termination Date" means the later of (i) individual's last
                  day worked, or (ii) the last day an individual receives a
                  payment from an Employer either for services rendered or as
                  salary continuation.

         (u)      "Vesting Event" shall mean the earliest to occur of the
                  following events:

                 (1)       the date an Award vests according to the schedule
                           established by the Committee.

                 (2)       the Effective Date of a Change in Control,

                 (3)       the date a Participant retires on a Normal
                           Retirement,

                 (4)       the date a Participant incurs a Disability,

                                      -3-
<PAGE>

                 (5)       the date of a Participant's death.

                 (6)       the date a Participant ceases to be an employee of
                           the Employers by reason of action initiated by the
                           Employers other than a termination for cause and
                           where Participant has executed a release, releasing
                           the Employers from any liability associated with or
                           arising out of Participant's employment or
                           termination of employment.

                  Upon a Vesting Event described in (1) above, the Participant
                  shall become vested in the portion of the Award called for in
                  the schedule established by the Committee unless earlier
                  vested by other Vesting Events. Upon a Vesting Event described
                  in (2), (3), (4), (5), or (6) above, the Participant shall
                  become 100% vested in all Awards. Upon a Participant's Early
                  Retirement the Committee shall have the discretion to vest any
                  portion or all of a Participant's Award. Notwithstanding the
                  foregoing, a Participant's Awards, whether vested or not,
                  shall be subject to the forfeiture provisions of Article 10.

         (v)      "Voting Stock" shall mean the then outstanding securities of a
                  company entitled to vote generally in the election of
                  directors.

         2.2 GENDER AND NUMBER. Except when otherwise indicated by the context,
any masculine terminology used herein also shall include the feminine, and the
definition of any term in the singular shall include the plural.

                                      -4-
<PAGE>

                    ARTICLE 3. ELIGIBILITY AND PARTICIPATION

         3.1 ELIGIBILITY. Eligibility for participation in the Plan will be
limited to those senior officers of the Corporation and its subsidiaries that
were awarded an Award prior to the Effective Date.

         3.2 NO RIGHT TO PARTICIPATE. No Participant or Employee shall have a
right at any time to be selected for current or future participation in the
Plan.

                         ARTICLE 4. AWARD DETERMINATION

         4.1 AWARD. The amount of the Award that has been awarded to a
Participant under this Plan has been expressed as a dollar amount. Such amount
shall be vested upon a Vesting Event. No new Awards shall be awarded under the
Plan on or after the Effective Date.

                          ARTICLE 5. PAYMENT OF AWARDS

         5.1 MANNER OF DISTRIBUTION. The vested portion of a Participant's
Account shall be distributed either in a single distribution or in installments
over a period of years commencing on the Payment Date. Each Participant may
submit a payment election form, not less than one year prior to the Payment
Date, specifying how the payments shall be paid. Subject to the discretion of
the Committee, the following optional means of distribution shall be made
available:

         (a)      A single distribution of the vested Account made on the
                  Payment Date.

         (b)      Five annual installments commencing on the Payment Date. The
                  remaining four installments shall be made each succeeding
                  February. Each distribution shall be equal to (i) the
                  Participant's vested Account, multiplied by (ii) a fraction,
                  the numerator of which is one and the denominator is the
                  number of installments remaining, including the current year's
                  payment.

                                      -5-
<PAGE>

         (c)      Ten annual installments commencing on the Payment Date. The
                  remaining nine installments shall be made each succeeding
                  February. Each distribution shall be equal to (i) the
                  Participants vested Account multiplied by (ii) a fraction, the
                  numerator of which is one and the denominator is the number of
                  installments remaining, including the current year's payment.

         5.2 COMMITTEE'S DISCRETION. Notwithstanding section 5.1 above the
Committee shall have the discretion to distribute the vested portion of an Award
during February following the Award's Vesting Event. Such decision shall be made
in the discretion of the Committee, not less than one year prior to the Vesting
Date corresponding to the portion of the Award to be distributed. The
Committee's decision shall be final and binding on all parties.

         5.3 FORFEITURE OF NON-VESTED AWARDS. All non-vested Awards in a
Participant's Account shall be forfeited upon the Termination Date and the
Corporation shall have no further obligation to pay the Participant in regard to
such forfeited Awards.

         5.4      DISTRIBUTION ON DEATH.

         (a)      A Participant may designate any person or persons (not
                  exceeding 5), including a trust, as his or her beneficiary to
                  receive his or her accumulated Award in the event of the
                  Participant's death. Any such designation shall be made by
                  filing the form provided for that purpose by the Plan
                  Administrator. The Participant may change or cancel his or her
                  beneficiary designation at any time prior to death without the
                  consent of any designated beneficiary. If no beneficiary has
                  been designated by the Participant, or if no beneficiary is
                  alive at the date of the Participant's death, payment shall be
                  made to the Participant's estate.

                                      -6-
<PAGE>

          (b)     If the Participant's death occurs during employment, the
                  Participant's Account shall be distributed in a lump sum as
                  provided in 5.1(a) to each of the Participant's surviving
                  beneficiaries in the portions designated by the Participant.

          (c)     If the Participant's death occurs after installment payments
                  have commenced, the Participant's Account shall be distributed
                  in a lump sum on the next scheduled Payment Date to each of
                  the Participant's surviving beneficiaries in the portions
                  designated by the Participant

         5.5 PARTICIPANTS RIGHTS; BENEFICIARIES RIGHTS. Except as otherwise
specifically provided, neither a Participant nor any of his or her Beneficiaries
has rights under this Plan. The payment of deferred compensation shall be a
general, unsecured obligation of the Corporation to be paid by the Corporation
from its own funds, and such payments shall not impose any obligation upon any
trust fund for any tax qualified plan, be paid from any such trust fund, or have
any effect whatsoever upon any such fund. No Participant or beneficiary shall
have any title to or beneficial ownership in any assets which the Corporation
may earmark to pay benefits hereunder.

                        ARTICLE 6. RIGHTS OF PARTICIPANTS

         6.1 EMPLOYMENT. Nothing in this Plan shall interfere with or limit in
any way the right of the Corporation to terminate a Participant's employment at
any time, nor confer upon any Participant any right to continue in the employ of
the Corporation.

         6.2 RESTRICTIONS ON ASSIGNMENTS. The interest of a Participant or his
or her beneficiary under this Plan may not be sold, transferred, assigned, or
encumbered in any manner, either voluntarily or involuntarily, and any attempt
to so anticipate, alienate, sell, transfer, assign, pledge, encumber, or charge
the same shall be null and void; neither shall the benefits hereunder be liable
for or subject to the debts, contracts, liabilities, engagements, or torts of
any person to

                                      -7-
<PAGE>

whom such benefits or funds are payable, nor shall they be subject to
garnishment, attachment, or other legal or equitable process, nor shall they be
an asset in bankruptcy.

                            ARTICLE 7. ADMINISTRATION

         7.1 ADMINISTRATION. The Plan shall be administered by the Committee in
accordance with any administrative guidelines and any rules that may be
established from time to time by the Committee. The procedures, standards and
provisions of this Plan for determining eligibility for and amounts of Awards in
themselves confer no rights, duties or privileges upon Participants nor place
obligations upon either the Board or the Corporation. Accordingly, the Committee
may, in making such determinations hereunder, deviate from such procedures and
standards in whatever manner that it, in its judgment, deems appropriate.

                  The Committee shall have full power and authority to
interpret, construe and administer the Plan and its interpretations and
construction hereof, and actions hereunder, including the timing, form, amount
or recipient of any payment to be made hereunder, and its decisions shall be
binding and conclusive on all persons for all purposes.

                  The Committee may name assistants who may be, but need not be,
members of the Committee. Such assistants shall serve at the pleasure of the
Committee, and shall perform such functions as are provided for herein and such
other functions as may be assigned by the Committee.

                  No member of the Committee or any assistant shall be liable to
any person for any action taken or omitted in connection with the interpretation
and administration of this Plan unless attributable to his or her own willful
misconduct or lack of good faith.

                                      -8-
<PAGE>

                         ARTICLE 8. REQUIREMENTS OF LAW

         8.1 LAWS GOVERNING. This Plan shall be construed in accordance with and
governed by the laws of the State of Ohio.

         8.2 WITHHOLDING TAXES. The Corporation shall have the right to deduct
from all payments or vested amounts under this Plan any federal, state or local
taxes required by the law to be withheld with respect to such payments.

         8.3 PLAN BINDING ON CORPORATION, EMPLOYEES AND THEIR SUCCESSORS. This
Plan shall be binding upon and inure to the benefit of the Corporation, its
successors and assigns and each Participant and his or her beneficiaries, heirs,
executors, administrators and legal representatives.

                        ARTICLE 9. ACCUMULATION OF AWARDS

         9.1 ACCOUNTS. An Account shall be established and maintained by the
Corporation in the name of each Participant who has an Award hereunder. Such
Accounts shall remain a part of the general liabilities of the Corporation and
nothing in this Plan shall be deemed to create a trust or fund of any kind or
any fiduciary relationship.

         9.2 CREDITING TO ACCOUNTS. Each Participant's Account shall be credited
with Awards effective as of the grant date, and investment credits as determined
in sections 9.3 below. Each Participant's Account shall be reduced by amounts
distributed, amounts transferred as provided under section 9.3 and non-vested
amounts which were forfeited upon termination.

         9.3 INVESTMENT CREDITS. Each Participant's Account shall be credited as
of the last day of each calendar year with an investment credit. The investment
credit for each given calendar year shall be determined by multiplying the yield
on 10 year constant maturity U.S. Treasury Securities, as published in the
Federal Reserve Statistical Release, for the last active trading day in the
calendar year times the average daily balance in the Participant's Account for
that year. In the event the security or the publication becomes unavailable, the
Committee shall have the discretion to select a comparable reference for the
purpose of determining the investment credit.

                                      -9-
<PAGE>

         9.4 NATURE OF DEFERRED COMPENSATION. The election of deferred
compensation under this Plan and any setting aside by the Corporation of amounts
with which to discharge its deferred obligations hereunder in a trust fund, an
insurance policy, or otherwise, shall not be deemed to create a right in any
person; equitable title to any funds so set aside in a trust, an insurance
policy, or otherwise shall remain in the Corporation, and any recipient of
benefits hereunder shall have no security or other interest in such trust,
policies or funds. Any and all funds so set aside in a trust, an insurance
policy or otherwise shall remain subject to the claims of the general creditors
of the Corporation, present and future. This provision shall not require the
Corporation to set aside any funds, but the Corporation may set aside such funds
if it chooses to do so. Any amount so set aside for this Plan shall be accounted
for separately and apart from any other plan of the Corporation. This Plan is
intended to constitute an unfunded plan of deferred compensation described in
Section 201(2) of the Employee Retirement Income Security Act of 1974.

         9.5 DISTRIBUTIONS IN CASH. Notwithstanding any other provision of this
Plan, distributions hereunder shall be made only in cash and shall be subject to
withholding of applicable taxes.

         9.6 NATURE OF DEFERRED COMPENSATION PLAN. The provisions of the Plan
relating to deferred compensation are fixed and final unless and until amended,
revised or terminated as herein provided.

                             ARTICLE 10. FORFEITURES

         Notwithstanding any provision in this Plan to the contrary excepting
only the provisions of Article 11, in the event the Committee finds

                  (a) that an Employee or former Employee who has an interest
                  under this Plan has been discharged by his or her Employer in
                  the reasonable belief (and such reasonable belief is the
                  reason or one of the reasons for such discharge) that the

                                      -10-
<PAGE>

                  Employee or former Employee did engage in fraud against the
                  Employer or anyone else, or

                  (b) that an Employee or former Employee who has an interest
                  under this Plan has been convicted of a crime as a result of
                  which it becomes illegal for his Employer to employ him or
                  her,

then any amounts held under this Plan for the benefit of such Employee or former
Employee or his or her beneficiaries shall be forfeited and no longer payable to
such Employee or former Employee or to any person claiming by or through such
Employee or former Employee.

                          ARTICLE 11. CHANGE IN CONTROL

         11.1 TREATMENT OF AWARDS. Upon the Effective Date of a Change in
Control all accumulated Awards hereunder shall become 100% vested. Amounts to be
paid commencing upon any Payment Date following the Change in Control shall
continue to be payable from time to time under this Plan unless the Committee
acts to distribute amounts during February following the Change in Control.

         11.2 DEFINITION OF CHANGE IN CONTROL. Change in Control shall mean the
occurrence of any of the following events:

                  (a) The Corporation is merged, consolidated or reorganized
into or with another corporation or other legal person, and as a result of such
merger, consolidation or reorganization less than sixty-five percent of the
combined voting power of the then-outstanding Voting Stock of such corporation
or person immediately after such transaction are held in the aggregate by the
holders of Voting Stock of the Corporation immediately prior to such
transaction;

                  (b) The Corporation sells or otherwise transfers all or
substantially all of its assets to another corporation or other legal person,
and as a result of such sale or transfer less than

                                      -11-
<PAGE>

sixty-five percent of the combined voting power of the then-outstanding
securities of such corporation or person immediately after such sale or transfer
is held in the aggregate by the holders of Voting Stock immediately prior to
such sale or transfer;

                  (c) The Corporation files a report or proxy statement with the
Securities and Exchange Commission pursuant to the Exchange Act disclosing in
response to Form 8-K or Schedule 14A (or any successor schedule, form or report
or item therein) that a change in control of the Corporation has occurred or
will occur in the future pursuant to any then-existing contract or transaction;
or

                  (d) If, during any period of two consecutive years,
individuals who at the beginning of any such period constitute the Directors of
the Corporation cease for any reason to constitute at least a majority thereof;
provided, however, that for purposes of this clause (d) each Director who is
first elected, or first nominated for election by the Corporation's
stockholders, by a vote of at least two-thirds of the Directors of the
Corporation (or a committee thereof) then still in office who were Directors of
the Corporation at the beginning of any such period will be deemed to have been
a Director of the Corporation at the beginning of such period.

         Notwithstanding the foregoing provisions of paragraph 11.2(a), 11.2(b)
or 11.2(c), in the case where the individuals who constitute the Directors of
the Corporation at the time a specific transaction described in Paragraph
11.2(a), 11.2(b) or 11.2(c) is first presented or disclosed to the Board will,
by the terms of the definitive agreement for that transaction, constitute at
least a majority of the members of the board of directors of the resulting
corporation or person immediately following such transaction, then, prior to the
occurrence of any event that would otherwise constitute a Change in Control
under any of the foregoing provisions of this

                                      -12-
<PAGE>

Subsection 11.2, the Board may determine by majority vote of the Board that the
specific transaction does not constitute a Change in Control under Paragraph
11.2(a), 11.2(b) or 11.2(c).

         11.3 EFFECTIVE DATE OF CHANGE IN CONTROL. The Effective Date of a
Change in Control shall be the earliest to occur of those events specified in
section 11.2. Notwithstanding the foregoing, in the event a Change in Control
ultimately results from uninterrupted discussions or negotiations involving the
Corporation or any of its officers or directors, the "Effective Date" of such
Change in Control shall be the date such discussions or negotiations commenced.

                            ARTICLE 12. MISCELLANEOUS

         In the event of the liquidation of the Corporation the Committee may
make any provisions for holding, handling and distributing the amounts standing
to the credit of the Participants or beneficiaries hereunder which in the
discretion of the Committee are appropriate and equitable under all
circumstances and which are consistent with the spirit and purposes of these
provisions.

                    ARTICLE 13. AMENDMENT AND DISCONTINUANCE

         The Corporation expects to continue this Plan indefinitely, but
reserves the right, by action of the Committee to amend it from time to time or
to discontinue it. However, if the Corporation should amend or discontinue this
Plan, the Corporation shall remain obligated under the Plan with respect to (1)
Awards that have vested prior to the date of such amendment or discontinuance,
(2) Awards and rights of any Participant or beneficiary with respect to whom a
Vesting Event has occurred, and (3) with respect to Awards granted but not yet
vested prior to

                                      -13-
<PAGE>

the date of such amendment or discontinuation.

          Executed as of April 22, 2002 at Cleveland, Ohio.

                        NATIONAL CITY CORPORATION

                        By: /s/Shelley J. Seifert
                           --------------------------------------
                            Shelley J. Seifert
                            Executive Vice President
                            Human Resources

                                      -14-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00041-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00041-of-00352.parquet"}]]