Document:

Status Change Agreement

EXHIBIT 10.62 

HIBERNIA
CORPORATION/HIBERNIA NATIONAL BANK 

STATUS CHANGE AGREEMENT 

        This
Status Change Agreement (the “Agreement”) is made and entered into by Hibernia
Corporation and Hibernia National Bank (collectively referred to herein as
“Hibernia”) and the employee named on the attached Acknowledgment and Acceptance
(the “Employee”) (the “Acceptance”), which Acceptance shall be deemed
to form a part of this Agreement by this reference. 

Section 1.      Employment:

        1.1     
Term.  Unless earlier terminated under Section 3, the term of this Agreement
begins on the effective date designated in the Acceptance (the “Effective Date”)
and ends as of the last day of the calendar month in which the Employee’s 65th
birthday occurs, at which time the Employee will Retire as defined in the option
agreements held by the Employee. 

        1.2     
Capacity.  Hibernia and the Employee agree that as of the Effective Date, the
Employee shall be an on call employee. As such, the Employee shall perform such services
for the benefit of Hibernia as Hibernia may reasonably request (and as may be more fully
described in Appendix A to this Agreement), from time to time, but generally not in excess
of 80 hours each month. Services shall be performed on the premises of Hibernia or at such
other locations as Hibernia and the Employee may mutually agree upon. In connection with
the performance of services, the Employee shall: 

     	a. 	  	
           Maintain time records, if requested by Hibernia; and 

          

     	b. 	  	
           Comply with all applicable Hibernia policies and procedures. 

          

        1.3     
Principal Employment; Other Limitations During Term.   During the term of this Agreement,
the Employee shall not engage in other employment, without the prior consent of Hibernia
which Hibernia shall not unreasonably withhold. The Employee acknowledges, however, that
Hibernia shall not be required to consent to employment in the Banking Business (as
defined below). The Employee further agrees that during the term of this Agreement, he
shall not engage in conduct which is materially injurious to the business or reputation of
Hibernia. 

        1.4     
Officer Positions.   As of the Effective Date, the Employee voluntarily resigns and
relinquishes his officer positions with Hibernia and his positions as a director and/or
officer and/or manager of any and all subsidiaries of Hibernia Corporation and/or Hibernia
National Bank. 

Section 2.      Compensation
and Benefits: 

        2.1     
Compensation.   Commencing as of the Effective Date, the Employee shall be paid compensation
at a rate designated on the Acceptance. Such amount shall be prorated and paid to the
Employee in accordance with Hibernia’s standard payroll practices and policies. 

        2.2     
Medical Benefits.   During the term of this Agreement, Hibernia shall provide coverage for
the Employee and his dependents under the group medical plans maintained by Hibernia for
the benefit of its active employees, as the same may be amended from time to time. The
Employee (including his eligible dependents) shall pay such premiums and costs with
respect to such coverage as may be required from other similarly situated active employees
of Hibernia. 

        2.3     
Severance Pay.   The Employee acknowledges that by execution of this Agreement, he shall be
deemed to have forfeited all forms of severance payment under any plan, policy or program
maintained by Hibernia. 

        2.4     
Other Benefits.   The Employee shall be entitled to receive such additional benefits and
perquisites as may be made available to similarly situated on call employees of Hibernia,
from time to time, if any. The parties acknowledge and agree that the Employee’s
benefits under the plans listed on Appendix B hereto shall be determined in accordance
with the terms and conditions of such plans. Nothing herein shall require Hibernia to
refrain from changing, amending or discontinuing any of such plans. 

Section 3.      Termination: 

        3.1     
Termination Upon Death.  If the Employee dies during the term of this Agreement,
this Agreement shall immediately terminate and Hibernia’s obligations hereunder shall
automatically cease. 

        3.2     
Termination Upon Disability.  If the Employee becomes disabled (as defined
below) during the term of this Agreement, this Agreement shall terminate and
Hibernia’s obligations hereunder shall automatically cease. For purposes of this
Section 3.2, Employee shall be deemed “disabled” if he would be eligible to
receive benefits under Hibernia’s long-term disability plan if he were covered by
such plan. Notwithstanding the definition of “disabled” in the preceding
sentence, the Employee acknowledges and agrees that he is not eligible for coverage and is
not covered under Hibernia’s long-term disability plan. 

        3.3     
Termination by Hibernia for Cause.  Hibernia (acting through its Human Resources
Director) may terminate this Agreement, at any time, for Cause. In the event of such
termination, Hibernia shall provide to the Employee written notice of the termination, and
Hibernia’s obligations hereunder shall automatically cease as of the date of such
notice. The term “Cause” shall be defined as the commission of a felony;
habitual intoxication, abuse of or addiction to a controlled substance; the continued
gross negligence of the Employee in connection with the performance of his duties
hereunder; a material breach by the Employee of this Agreement; the willful engaging by
the Employee in misconduct which is materially injurious to the business or affairs of
Hibernia, whether monetarily or otherwise; or the performance by the Employee of any act
or making by Employee of any statement(s) that may reasonably have the effect of demeaning
the name or business reputation of Hibernia or its employees, officers, directors or
agents. 

        3.4     
Termination by Hibernia Without Cause.   Hibernia (acting through its Human Resources
Director) may act to terminate this Agreement, without Cause, with 30 days prior written
notice to the Employee, at which time the Employee will Retire as defined in the option
agreements held by the Employee. In the event of such termination, Hibernia shall provide
the following benefits to the Employee: (a) the Employee’s compensation (as defined
in Section 2.1) for the remainder of the term described in Section 1.1 and (b) coverage
under Hibernia’s group medical plans for the remainder of the term described in
Section 1.1, such coverage to be provided in accordance with the provisions of Section 2.2
hereof. In the event that Hibernia terminates this Agreement without Cause and without the
Employee having taken any action or made any statement that is or may reasonably be
damaging to Hibernia’s business, reputation or prospects and without any regulatory
authority with jurisdiction over Hibernia having suggested, requested or required that
Hibernia terminate this Agreement, then in addition to the benefits provided in items (a)
and (b) of the preceding sentence, Hibernia shall also pay to the Employee an amount equal
to 50% of the estimated fair value (using the option valuation model used in
Hibernia’s most recent 10-Q or 10-K filed with the Securities and Exchange
Commission) of the Employee’s unvested options at the date of such termination
(excluding for purposes of this determination any unvested options that by their terms
will not vest prior to the end of the term of this Agreement). The assumptions used in
calculating such fair value shall be determined as of the date of termination assuming an
expected life of the unvested options equal to the period from the date of termination to
the respective dates the options would vest by their terms if employment continued through
the end of the term of this Agreement. 

        3.5     
Change in Control.   If the Employee is terminated without Cause within the six-month period
preceding or the two-year period following a Change in Control, Hibernia (or its
successor) shall provide to the Employee the compensation and the benefits described in
Section 3.4 hereof. For this purpose, the term “Change in Control” is defined in
Appendix C, which is made a part of this Agreement by this reference. 

        3.6     
Termination by Employee.   If the Employee terminates his employment with Hibernia, this
Agreement shall immediately terminate and Hibernia’s obligations hereunder shall
automatically cease. 

        3.7     
Return of Property.   Upon termination of this Agreement for any reason, the Employee shall
promptly deliver and return to Hibernia all of Hibernia’s property including, but not
limited to, keys, identification cards, computers, fax machines, portable telephones,
printers, software, credit cards, manuals, customer lists, financial data, letters, notes,
notebooks, reports, files, policies and procedures, handbooks and copies of any of the
above, and any Confidential Information (as defined in Section 4) which is in the
Employee’s possession or under his control. 

Section 4.      Confidential Information; Other Limitations: 

        4.1     
Confidential Information.  The Employee recognizes and acknowledges that he has
and may continue to have access to confidential and/or proprietary information about
Hibernia and its affiliates, which may include, without limitation, (a) books and records
relating to operations, finance, accounting, personnel and management, and other business
information, (b) policies and matters relating particularly to operations such as credit
standards, and customer service requirements, (c) computer software, items that have been
patented or copyrighted, customer lists, information obtained on competitors, and (d)
various other trade or business secrets, including business opportunities, marketing or
business diversification plans, methods and processes, and financial data (collectively,
the “Confidential Information”). The Employee agrees that he will not at any
time, either while employed by Hibernia or afterwards, make any independent use of, or
disclose to any other person or organization any Confidential Information. 

        4.2     
Limitations on Activities.  At all times during and after the expiration of the
term of this Agreement, the Employee shall not for his own benefit or to Hibernia’s
detriment: 

     	a. 	  	
          Induce, advise or counsel other employees or agents of Hibernia or its
          operations to leave the employ of Hibernia or its affiliates; or 

          

     	b. 	  	
          Solicit or employ the services of other employees or agents of Hibernia or its
          affiliates. 

          

        4.3     
Noncompetition.   The Employee agrees that during the two-year period beginning after his
employment ceases hereunder for any reason, he shall not, directly or indirectly, for his
own benefit or to Hibernia’s detriment: 

     	a. 	  	
          Carry on or engage in the Banking Business. For purposes of this Agreement, the
          term “Banking Business” means the acceptance of deposits, the making
          of withdrawals, and the making of loans by a financial institution, whether
          organized under federal or state law, and such other activities as may be
          designated in the Acceptance; or 

          

     	b. 	  	
          Solicit, induce or otherwise contact customers of Hibernia for any purpose or in
          any manner detrimental to Hibernia or its business operations. 

          

The provisions of this Section 4.3
shall apply in the States of Louisiana, Texas and Mississippi in those parishes and
counties designated in the Acceptance. The parties agree that each of the foregoing
prohibitions is intended to constitute a separate restriction. Accordingly, should any
such prohibition be declared invalid or unenforceable, such prohibition shall be deemed
severable from and shall not affect the remainder thereof. The parties further agree that
each of the foregoing restrictions is reasonable in time and geographic scope, and as to
the activities constituting Banking Business hereunder. 

        4.4     
Injunctive Relief.  In the event of a breach or threatened breach by the
Employee of the provisions of this Section 4, the Employee agrees that Hibernia shall be
entitled to a temporary restraining order or a preliminary injunction (without the
necessity of Hibernia posting any bond in connection therewith). Nothing herein shall be
construed as prohibiting Hibernia from pursuing any other remedies available to it for
such breach or threatened breach, including the recovery of damages from the Employee. 

Section 5.      Release: 

        In
consideration of the execution of this Agreement and the payment of compensation and
benefits hereunder, the Employee releases Hibernia, including its affiliates, officers,
employees, directors and representatives from all causes of action, damages, losses,
claims and liabilities arising from or related to the Employee’s employment with
Hibernia, including, without limitation, the Employee’s election to become an on call
employee as described herein. In connection with this release: 

     	a. 	  	
          The Employee understands and expressly agrees that the release extends to all
          claims of every kind and nature, known or unknown, past or present, arising from
          or attributable to any alleged unlawful employment practice of Hibernia, and
          that all such claims are hereby expressly settled or waived. This includes, but
          is not limited to, any claims arising under the Age Discrimination in Employment
          Act of 1967, 29 U.S.C. §621 et seq., Title VII of the Civil Rights Act of
          1964, 42 U.S.C. §2000e et seq., and any other federal or state statute. 

          

     	b. 	  	
          The Employee further states that he has carefully read this Agreement, that he
          has been advised to consult with an attorney before signing this Agreement, that
          he fully understands the final and binding effects of this Agreement, that the
          only promises to him to sign this Agreement are those stated above, and that he
          is signing this Agreement voluntarily and knowingly. 

          

     	c. 	  	
          By entering into this Agreement, the Employee does not waive any rights or
          claims that may arise after the date this Agreement is executed. 

          

     	d. 	  	
          The Employee recognizes and agrees that the amounts paid hereunder are in
          addition to any other wages, benefits, or other form of compensation to which
          the Employee is already entitled. 

          

     	e. 	  	
          The Employee is further advised that he may have twenty-one (21) days from the
          date on which this Agreement was provided to him (which was May 13, 2003) within
          which to consider this Agreement; if the Agreement is executed prior to the
          expiration of the twenty-one (21) day period, the remainder of the period shall
          be deemed waived. 

          

     	f. 	  	
          The Employee is further advised that if the terms of this Agreement are
          modified, such modification shall not extend or otherwise change the twenty-one
          (21) day period referred to above. 

          

     	g. 	  	
          The Employee is further advised that after executing this Agreement, he has
          seven (7) days within which to revoke this Agreement. 

          

Section 6.      Miscellaneous: 

        6.1     
Notice.  All notices, requests, demands and other communications provided for by
this Agreement shall be in writing and shall be deemed to have been duly given when
delivered in person or mailed by United States mail, postage prepaid, addressed as
follows: 

		If to Hibernia:		Hibernia National Bank
				225 Baronne Street,26th Floor
		New Orleans, LA 70112
		Attn: Mr. Michael S. Zainey
	
	
	
	
		If to the Employee:		Last Address in Human
		Resources Personnel Records

or to such other address as any party
may have furnished to the other in writing in accordance herewith, except that notices of
change of address shall be effective only upon receipt. 

        6.2     
Waiver.  The failure by any party to enforce any of its rights hereunder shall
not be deemed to be a waiver of such rights, unless such waiver is an express written
waiver. Waiver of any one breach shall not be deemed to be waiver of any other breach of
the same or any other provision hereof. 

        6.3     
Governing Law.  The validity of this Agreement, the construction of its terms
and the determination of the rights and duties of the parties hereto shall be governed by
and construed in accordance with federal laws and regulations and the internal laws of the
State of Louisiana applicable to contracts made and to be performed wholly within such
state. 

        6.4     
Integration and Amendment.  This Agreement constitutes the entire agreement and
understanding between the parties with respect to the subject matter hereof and supersedes
any prior agreement or understanding, whether written or oral, relating to such subject
matter (and the parties acknowledge and agree that that certain Change of Control
Agreement dated May 9, 2002 is terminated and is of no further force and effect). No
modification or amendment to this Agreement shall be effective or binding unless in
writing, specifying such modification or amendment, executed by both parties hereto. 

        6.5     
Severability and Interpretation.  Should any section, provision or portion of
this Agreement be declared invalid or unenforceable in any jurisdiction, then such
section, provision or portion shall be deemed to be (a) severable from this Agreement
as to such jurisdiction (but not elsewhere) and shall not affect the remainder hereof, and
(b) amended to the extent, and only to the extent, necessary to permit such section,
provision or portion, as the case may be, to be valid and enforceable in such jurisdiction
(but not elsewhere). 

        6.6     
Assignment.   This Agreement and all obligations of Hibernia hereunder shall be binding on
Hibernia and on any successor to Hibernia. Hibernia, however, may not assign this
Agreement, in whole or in part, without the express written consent of the Employee;
provided, however, that Hibernia may assign this Agreement, without the Employee’s
written consent, to any affiliate of Hibernia, if such assignment is part of a
reorganization whereby substantially all of Hibernia’s business is transferred to
such affiliate. 

        6.7     
Survival of Certain Provisions.   The rights and obligations of the parties under Sections 4
and 5 hereof and the remedies provided therein shall survive the expiration or termination
of this Agreement as if the Agreement remained in effect. 

        6.8     
Execution.   By execution of the Acceptance, the Employee shall be deemed to have
acknowledged, accepted and agreed to be bound to the terms of this Agreement, without
necessity of further action. 

        6.9     
Lease Payment.   On or before June 10, 2003 (provided that this Agreement has become
effective and the revocation period provided for in Section 5(g) has passed), Hibernia
shall reimburse the Employee, under Hibernia’s expense reimbursement policy, the cost
of two months of rental payments (totaling $3,150.00) on the Employee’s apartment
located at 1750 St. Charles Ave., Apt. 628, New Orleans, LA 70130. 

HIBERNIA
CORPORATION/HIBERNIA NATIONAL BANK 

STATUS CHANGE AGREEMENT

APPENDIX A

                                    Supplement Regarding Services

        This
Appendix A constitutes a part of the Status Change Agreement by and between Hibernia and
K. Kirk Domingos, III (the “Agreement”). 

        Pursuant
to and in furtherance of the terms of Section 1.2 of the Agreement, Hibernia and the
Employee agree that the services to be requested of the Employee pursuant to this
Agreement shall be consistent with the Employee’s experience and ability. Further,
the parties acknowledge that it is anticipated that in the first year of the Agreement,
Hibernia anticipates seeking services from the Employee that would require up to
approximately 50 to 70 hours each month; during the second year of this Agreement,
Hibernia anticipates seeking services from the Employee that would require up to
approximately 30 to 50 hours each month; and during the remainder of the term of this
Agreement, Hibernia anticipates seeking services from the Employee that would require less
than 30 hours each month. Notwithstanding the foregoing, however, Hibernia may request
services requiring more or less time than that anticipated by the parties initially. 

        Further,
Hibernia expects that the services that may be requested from the Employee may include,
among others, advice and consultation in connection with: 

               1.    
          The executive management reorganization; 

          2.     Various special projects; 

          3.     Certain
          internal committees of Hibernia National Bank; 

          4.     Certain subsidiaries of
          Hibernia Corporation and/or Hibernia National Bank; 

          5.     Strategic planning and
          budgeting; and 

          6.     Special projects. 

In addition, Hibernia expects that
the services that may be requested from the Employee may also include, among others,
community relations, charitable and philanthropic endeavors on behalf of Hibernia. 

        The
parties acknowledge that only services that are reasonably requested by Hibernia in
accordance with the terms of this Agreement are required hereunder. 

        The
parties further acknowledge that Hibernia may, but shall not be required to, provide the
Employee with office space, if available, in Alexandria, Louisiana and that if Hibernia
does make office space available to the Employee, it can cease providing such office space
at any time. 

HIBERNIA
CORPORATION/HIBERNIA NATIONAL BANK 

STATUS CHANGE AGREEMENT

APPENDIX B

                                         Certain Benefit Plans

        This
Appendix B constitutes a part of the Status Change Agreement by and between Hibernia and
K. Kirk Domingos, III (the “Agreement”). 

        Pursuant
to Section 2.4 of the Agreement, the parties acknowledge and agree that the
Employee’s benefits under the following plans shall be determined in accordance with
the terms and conditions of such plans: 

               	1. 	  	
                    Hibernia Corporation Deferred Award Plan, adopted on January 22, 1996, as
                    amended; 

                    

               	2. 	  	
                    Hibernia Corporation Deferred Compensation Plan for Key Management Employees,
                    adopted on January 22, 1996, as amended; 

                    

               	3. 	  	
                    Hibernia Corporation Supplemental Stock Compensation Plan for Key Management
                    Employees, adopted on January 22, 1996, as amended; 

                    

               	4. 	  	
                    Management Security Plan of Guaranty Bank; 

                    

               	5. 	  	
                    Hibernia Corporation Employee Stock Ownership Plan first effective as of April
                    1, 1995, as amended and restated effective as of January 1, 2002; 

                    

               	6. 	  	
                    Hibernia Corporation Retirement Security Plan, amended and restated effective
                    January 1, 2002; and  

                    

               	7. 	  	
                    Hibernia Corporation’s Split Dollar Life Insurance Plan.  

                    

HIBERNIA
CORPORATION/HIBERNIA NATIONAL BANK 

STATUS CHANGE AGREEMENT

APPENDIX C

                                           Change of Control

        This
Appendix C constitutes a part of the Status Change Agreement by and between Hibernia and
K. Kirk Domingos, III (the “Agreement”). 

        For
purposes of Section 3.5 of the Agreement, a “change of control” shall be deemed
to occur if: 

          	(a) 	  	
               A person, including a “group” as defined in Section 13(d)(3) of the
               Securities Exchange Act of 1934, as amended, and the rules and regulations
               promulgated thereunder (excluding Hibernia Corporation or any of its
               Subsidiaries, a trustee or any fiduciary holding securities under an employee
               benefit plan of Hibernia Corporation or any of its Subsidiaries, an underwriter
               temporarily holding securities pursuant to an offering of such securities or a
               corporation owned, directly or indirectly, by stockholders of Hibernia
               Corporation in substantially the same proportion as their ownership of Hibernia
               Corporation), becomes the beneficial owner as defined in Rule 13d-3 under the
               Securities Exchange Act of 1934 (other than as a result of the acquisition of
               shares by Hibernia Corporation or a Subsidiary of Hibernia Corporation) of
               shares of Hibernia Corporation having 50% or more of the then outstanding voting
               power of Hibernia Corporation, 

               

          	(b) 	  	
               Hibernia Corporation shall have sold or disposed of all or substantially all of
               its assets or substantially all of the assets of its wholly-owned subsidiary,
               Hibernia National Bank, in one or a series of transactions to a party not a
               member of a controlled group (as defined in the Code or regulations thereunder)
               with Hibernia Corporation, 

               

          	(c) 	  	
               Hibernia Corporation consummates a merger, consolidation, share exchange or
               similar form of corporate transaction that requires the approval of the
               shareholders of Hibernia Corporation, whether for such transaction or for the
               issuance of securities in the transaction (a “Business Combination”),
               unless, immediately following the Business Combination, (A) more than 50% of the
               total voting power of either the entity resulting from such Business Combination
               (the “Surviving Entity”) or, if applicable, the ultimate parent
               company that directly or indirectly has beneficial ownership of at least 95% of
               the voting securities eligible to elect directors of the Surviving Entity (the
               “Parent”), is represented by the voting securities of Hibernia
               Corporation that were outstanding immediately prior to such Business Combination
               (or, if applicable, is represented by shares into which such voting securities
               were converted pursuant to the Business Combination), and such voting power
               among the holders thereof is in substantially the same proportions as the voting
               power of Hibernia Corporation’s voting securities among the holders thereof
               immediately prior to such Business Combination and (B) at least a majority of
               the members of the board of directors of the Parent (or, if there is no Parent,
               the Surviving Entity) were Incumbent Directors at the time of the execution of
               the initial agreement, or of the action of the Board of Directors of Hibernia
               Corporation, providing for such Business Combination, 

               

          	(d) 	  	
               The shareholders of Hibernia Corporation approve a plan of complete liquidation
               or dissolution of Hibernia Corporation, or 

               

          	(e) 	  	
               During any period of two consecutive calendar years, the individuals who, at the
               beginning of such period, constitute the Board of Directors of Hibernia
               Corporation (the “Incumbent Directors”) cease for any reason to
               constitute at least a majority thereof, unless the election or the nomination
               for election by the shareholders of Hibernia Corporation of each new director
               was approved by a vote of at least a majority of the directors then still in
               office who were directors at the beginning of the period or persons nominated or
               elected by such directors (each such new director shall also be deemed to be an
               “Incumbent Director”). 

               

A Change of Control shall not result
from any transaction precipitated by Hibernia’s insolvency, appointment of a
conservator or determination by a regulatory agency that Hibernia is insolvent. 

For purposes of the foregoing
definition, the term “Subsidiaries” shall mean every corporation, limited
liability company, partnership or other entity of which 50% or more of the total combined
voting power of all classes of voting securities or other equity interests is owned,
directly or indirectly, by Hibernia Corporation and the term “Code” shall mean
the Internal Revenue Code of 1986, as amended. 

HIBERNIA CORPORATION/HIBERNIA NATIONAL BANK

STATUS CHANGE AGREEMENT

ACKNOWLEDGMENT AND ACCEPTANCE 

Name of Employee:  K. Kirk Domingos, III

Employee's Social Security Number:          
                           
                        

Employee's Address:          
                          
                         
                          

        This
Acknowledgment and Acceptance (“Acceptance” ) is a part of the Status Change
Agreement by and between the employee named above (the “Employee”) and Hibernia
Corporation and Hibernia National Bank (collectively, “Hibernia”) (the
“Agreement”), the terms of which are incorporated in this Acceptance by this
reference. 

               	1. 	       

                     Effective date.   The effective date of this Acceptance and the Agreement shall
                    be June 1, 2003. 

                    

               	2. 	       

                     Compensation.   As of the effective date, the Employee shall be paid annual
                    compensation at a rate equal to 45% of his annual base compensation in effect
                    immediately prior to such date. 

                    

               	3. 	       

                     Noncompetition.   The Employee agrees that Section 4.3 of the Agreement shall be
                    applicable: 

                    

               	      (a) 	
                     in the State of Louisiana, in the following Parishes: Allen, Ascension,
                    Assumption, Avoyelles, Bossier, Caddo, Calcasieu, Cameron, Claiborne, De Soto,
                    East Baton Rouge, East Carroll, Iberia, Jefferson, Jefferson Davis, Lafayette,
                    Lafourche, Livingston, Madison, Morehouse, Orleans, Ouachita, Rapides, St.
                    Bernard, St. Charles, St. John the Baptist, St. Mary, St. Tammany, Tangipahoa,
                    Terrebonne, Vermilion, Washington, Webster and West Carroll; and 

                    

               	      (b) 	
                     in the State of Texas, in the following Counties: Anderson, Angelina, Bowie,
                    Camp, Cass, Cherokee, Colin, Dallas, Denton, Gregg, Harris, Harrison, Jefferson,
                    Lamar, Nacogdoches, Orange, Smith, Travis and Wood; and 

                    

               	      (c) 	
                     in the State of Mississippi, in the following Counties: Hancock and Harrison. 

                    

The Employee further agrees that in
addition to the provisions of Section 4.3a of the Agreement, the term “Banking
Business” shall include the following activities: The commercial, retail, consumer
and small business banking, trust, insurance and securities business, including but not
limited to developing, providing, offering, selling, marketing, arranging or brokering
banking or financial products or services or providing advice with respect to banking or
financial products or services, which products or services include but are not limited to
credit, leasing, capital markets, interest rate, agency, risk management, treasury
management or syndication advice, products or services. 

               	4. 	       
          Execution and Acknowledgment.   The Employee acknowledges that his on call
          employment is subject to additional terms and conditions that are set forth in
          the Agreement. By execution of this Acceptance, the Employee shall be deemed to
          have received, reviewed, understood, acknowledged, and accepted the terms of the
          Agreement, without necessity of further action. 

                    

		HIBERNIA CORPORATION/
	EMPLOYEE:	 HIBERNIA NATIONAL BANK
	
	
	
	
	/s/  K. Kirk Domingos III	By:  /s/ Michael S. Zainey
	Date:  May 27, 2003	Name:  Michael S. Zainey
		Title:  Executive Vice President
		Date:  May 27, 2003EXHIBIT 10.1

                             Supplemental Agreement

     This  Supplemental  Agreement ("Supplemental Agreement") is entered into by
and  between ICO, Inc., a Texas corporation, and its subsidiaries and affiliates
("Employer"),  and Timothy J. Gollin ("Employee"), to be effective June 19, 2003
(the  "Effective  Date").
                                   WITNESSETH:

     WHEREAS, Employee and Employer are parties to an Employment Agreement ("the
2001  Agreement")  effective  June  21,  2001;

     WHEREAS,  the Employer has given notice that the 2001 Agreement will not be
renewed,  and  the  2001  Agreement  may  thus  expire  on  June  20,  2003; and
WHEREAS,  Employee and Employer desire to extend the expiration date of the 2001
Agreement  to  allow  time  to  enter into a new Employment Agreement ("the 2003
Agreement").

     NOW, THEREFORE, for and in consideration of the mutual promises, covenants,
And  obligations  contained  herein,  Employer  and  Employee  agree as follows:

1.   Employer and Employee wish to continue their employment relationship beyond
     June  20,  2003.  To  that  end,  the  parties have engaged in negotiations
     regarding  the  terms of a new Employment Agreement but as of the effective
     date  of  this Supplemental Agreement the parties have not yet executed the
     2003  Agreement.

2.   The  parties  desire  to  continue their negotiations. As consideration for
     Employee's  agreement to continue negotiations regarding the 2003 Agreement
     and  to continue his employment with the Employer during such negotiations,
     Employer  agrees  (a) that it will not take further action to terminate its
     employment relationship with Employee effective at the close of business on
     June  20,  2003,  (b)  that  beginning  with  the  Effective  Date  of this
     Supplemental  Agreement  and until the earlier of the execution of the 2003
     Agreement, the termination of the parties' employment relationship, or July
     15,  2003,  Employer  will continue to pay Employee his salary and continue
     the  benefits  in  place  immediately  prior to the Effective Date, and (c)
     that, if the Employer terminates the employment relationship for any reason
     prior  to  or  at the close of business on July 15, 2003, or if the parties
     have  not  entered into a 2003 Agreement replacing the 2001 Agreement on or
     before that date, the obligations of Employer to Employee shall be the same
     as  those  obligations the Employer would have had at the close of business
     on  June  20,  2003,  if the parties had not entered into this Supplemental
     Agreement,  but instead if the Employer had terminated the Employee on June
     20,  2003,  prior  to  the  close  of  business.

3.   In  consideration  for  the  Employer's agreement set forth in paragraph 2,
     above,  Employee  agrees  (a)  to  continue negotiations regarding the 2003
     Agreement  in  an effort to reach agreement on or before July 15, 2003; (b)
     to  continue in employment with the Employer during such negotiations until
     July  15, 2003; and (c) that he will not assert any claim that severance or
     similar  benefits  are  payable  to him under the 2001 Agreement unless the
     parties have not entered into a 2003 Agreement replacing the 2001 Agreement
     before  the  close  of  business  on  July  15,  2003.

<PAGE>

4.   Notwithstanding  anything  contained  in  this  Supplemental Agreement, and
     notwithstanding anything contained in the 2001 Agreement, in the event that
     Employee  and  Employer  terminate the employment relationship because they
     cannot  agree  to the terms of a 2003 Agreement by the close of business on
     July  15, 2003, or in the event that either party terminates the employment
     relationship  on  or  before the close of business on July 15, 2003 for any
     other  reason,  Employer and Employee agree that Employer will owe Employee
     severance  pay  equal to $247,500 (the "Severance Payment"), and no more or
     no  less  than  that  amount.

5.   This  Supplemental  Agreement  extends  the  expiration  date  of  the 2001
     Agreement. Except as expressly modified by this Supplemental Agreement, the
     terms  of  the  2001  Agreement  remain  in  effect  for  the period of the
     extension.

     IN WITNESS WHEREOF, Employer and Employee have duly executed this Agreement
in  multiple  originals  to  be  effective  on  the  Effective  Date.

          EMPLOYER:

          ICO, Inc.

          BY:

          /s/  Christopher  N.  O'Sullivan
          --------------------------------
          Christopher  N.  O'Sullivan
          President  and  Chairman

          EMPLOYEE:

          /s/  Timothy  J.  Gollin
          --------------------------------
          Timothy  J.  Gollin

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00055-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00055-of-00352.parquet"}]]