Document:

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                                                                    EXHIBIT 10.5

                        PINNACLE FINANCIAL PARTNERS, INC.
                            2000 STOCK INCENTIVE PLAN

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                                TABLE OF CONTENTS
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SECTION 1  DEFINITIONS............................................................................................1

   1.1   DEFINITIONS..............................................................................................1
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SECTION 2  THE STOCK INCENTIVE PLAN...............................................................................4

   2.1   PURPOSE OF THE PLAN......................................................................................4
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   2.2   STOCK SUBJECT TO THE PLAN................................................................................4
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   2.3   ADMINISTRATION OF THE PLAN...............................................................................4
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   2.4   ELIGIBILITY AND LIMITS...................................................................................5
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SECTION 3  TERMS OF STOCK INCENTIVES..............................................................................5

   3.1   GENERAL TERMS AND CONDITIONS.............................................................................5
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   3.2   TERMS AND CONDITIONS OF OPTIONS..........................................................................6
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      (A)   OPTION PRICE..........................................................................................7
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      (B)   OPTION TERM...........................................................................................7
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      (C)   PAYMENT...............................................................................................7
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      (D)   CONDITIONS TO THE EXERCISE OF AN OPTION...............................................................8
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      (E)   TERMINATION OF INCENTIVE STOCK OPTION STATUS..........................................................8
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      (F)   SPECIAL PROVISIONS FOR CERTAIN SUBSTITUTE OPTIONS.....................................................8
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   3.3   TREATMENT OF AWARDS UPON TERMINATION OF SERVICE..........................................................8
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SECTION 4  RESTRICTIONS ON STOCK..................................................................................9

   4.1   ESCROW OF SHARES.........................................................................................9
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   4.2   RESTRICTIONS ON TRANSFER.................................................................................9
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SECTION 5  GENERAL PROVISIONS.....................................................................................9

   5.1   WITHHOLDING..............................................................................................9
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   5.2   CHANGES IN CAPITALIZATION; MERGER; LIQUIDATION..........................................................10
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   5.3   CASH AWARDS.............................................................................................11
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   5.4   COMPLIANCE WITH CODE....................................................................................11
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   5.5   RIGHT TO TERMINATE SERVICE..............................................................................11
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   5.6   RESTRICTIONS ON DELIVERY AND SALE OF SHARES; LEGENDS....................................................11
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   5.7   NON-ALIENATION OF BENEFITS..............................................................................11
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   5.8   TERMINATION AND AMENDMENT OF THE PLAN...................................................................11
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   5.9   STOCKHOLDER APPROVAL....................................................................................12
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   5.10  CHOICE OF LAW...........................................................................................12
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                        PINNACLE FINANCIAL PARTNERS, INC.
                            2000 STOCK INCENTIVE PLAN

                              SECTION 1 DEFINITIONS

         1.1 DEFINITIONS. Whenever used herein, the masculine pronoun shall be
deemed to include the feminine, and the singular to include the plural, unless
the context clearly indicates otherwise, and the following capitalized words and
phrases are used herein with the meaning thereafter ascribed:

                  (a) "BANK" means Pinnacle National Bank, a proposed national
bank.

                  (b) "BOARD OF DIRECTORS" means the board of directors of the
Company.

                  (c) "CAUSE" has the same meaning as provided in the employment
agreement between the Participant and the Company or affiliate(s) on the date of
Termination of Service, or if no such definition or employment agreement exists,
"Cause" means conduct amounting to (1) fraud or dishonesty against the Company
or affiliate(s); (2) Participant's willful misconduct, repeated refusal to
follow the reasonable directions of the Board of Directors or knowing violation
of law in the course of performance of the duties of Participant's service with
the Company or affiliate(s); (3) repeated absences from work without a
reasonable excuse; (4) repeated intoxication with alcohol or drugs while on the
Company or affiliate(s)' premises during regular business hours; (5) a
conviction or plea of guilty or NOLO CONTENDERE to a felony or a crime involving
dishonesty; or (6) a breach or violation of the terms of any agreement to which
Participant and the Company or affiliate(s) are party.

                  (d) "CHANGE IN CONTROL" means any one of the following events
which may occur after the date the Stock Incentive is granted:

                           (1) the acquisition by any person or persons acting
in concert of the then outstanding voting securities of either the Bank or the
Company, if, after the transaction, the acquiring person (or persons) owns,
controls or holds with power to vote forty percent (40%) or more of any class of
voting securities of either the Bank or the Company, as the case may be;

                           (2) within any twelve-month period the persons who
were directors of either the Bank or the Company immediately before the
beginning of such twelve-month period (the "Incumbent Directors") shall cease to
constitute at least a majority of such board of directors; provided that any
director who was not a director as of the beginning of such twelve-month period
shall be deemed to be an Incumbent Director if that director were elected to
such board of directors by, or on the recommendation of or with the approval of,
at least two-thirds of the directors who then qualified as Incumbent Directors;
and provided further that no director whose initial assumption of office is in
connection with an actual or threatened election contest (as such terms are used
in Rule 14a-11 of Regulation 14A promulgated under the Securities Exchange Act
of 1934) relating to the election of directors shall be deemed to be an
Incumbent Director;
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                           (3) a reorganization, merger or consolidation, with
respect to which persons who were the stockholders of either the Bank or the
Company, as the case may be, immediately prior to such reorganization, merger or
consolidation do not, immediately thereafter, own more than fifty percent (50%)
of the combined voting power entitled to vote in the election of directors of
the reorganized, merged or consolidated company's then outstanding voting
securities; or

                           (4) the sale, transfer or assignment of all or
substantially all of the assets of the Company and its subsidiaries to any third
party.

                  (e) "COMPANY" means Pinnacle Financial Partners, Inc., a
corporation organized as a bank holding company under the laws of the State of
Tennessee.

                  (f) "CODE" means the Internal Revenue Code of 1986, as
amended.

                  (g) "COMMITTEE" means the committee appointed by the Board of
Directors to administer the Plan pursuant to Plan Section 2.3.

                  (h) "DISABILITY" has the same meaning as provided in the
long-term disability plan or policy maintained or, if applicable, most recently
maintained, by the Company or affiliate for the Participant. If no long-term
disability plan or policy was ever maintained on behalf of the Participant or,
if the determination of Disability relates to an Incentive Stock Option,
Disability shall mean that condition described in Code Section 22(e)(3), as
amended from time to time. In the event of a dispute, the determination of
Disability shall be made by the Board of Directors and shall be supported by
advice of a physician competent in the area to which such Disability relates.

                  (i) "DISPOSITION" means any conveyance, sale, transfer,
assignment, pledge or hypothecation, whether outright or as security, inter
vivos or testamentary, with or without consideration, voluntary or involuntary.

                  (j) "FAIR MARKET VALUE" refers to the determination of value
of a share of Stock. If the Stock is actively traded on any national securities
exchange or any Nasdaq quotation or market system, Fair Market Value shall mean
the closing price at which sales of Stock shall have been sold on the most
recent trading date immediately prior to the date of determination, as reported
by any such exchange or system selected by the Committee on which the shares of
Stock are then traded. If the shares of Stock are not actively traded on any
such exchange or system, Fair Market Value shall mean the arithmetic mean of the
bid and asked prices for the shares of Stock on the most recent trading date
within a reasonable period prior to the determination date as reported by such
exchange or system. If there are no bid and asked prices within a reasonable
period or if the shares of Stock are not traded on any exchange or system as of
the determination date, Fair Market Value shall mean the fair market value of a
share of Stock as determined by the Committee taking into account such facts and
circumstances deemed to be material by the Committee to the value of the Stock
in the hands of the Participant; provided that, for purposes of granting awards
other than Incentive Stock Options, Fair Market Value of a share of Stock may be
determined by the Committee by reference to the average market value determined
over a period certain or as of specified dates, to a tender offer price for

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the shares of Stock (if settlement of an award is triggered by such an event) or
to any other reasonable measure of fair market value and provided further that,
for purposes of granting Incentive Stock Options, Fair Market Value of a share
of Stock shall be determined in accordance with the valuation principles
described in the regulations promulgated under Code Section 422.

                  (k) "INCENTIVE STOCK OPTION" means an incentive stock option,
as defined in Code Section 422, described in Plan Section 3.2.

                  (l) "NON-QUALIFIED STOCK OPTION" means a stock option, other
than an option qualifying as an Incentive Stock Option, described in Plan
Section 3.2.

                  (m) "OPTION" means a Non-Qualified Stock Option or an
Incentive Stock Option.

                  (n) "OVER 10% OWNER" means an individual who at the time an
Incentive Stock Option is granted owns Stock possessing more than 10% of the
total combined voting power of the Company or one of its Parents or
Subsidiaries, determined by applying the attribution rules of Code Section
424(d).

                  (o) "PARENT" means any corporation (other than the Company) in
an unbroken chain of corporations ending with the Company if, with respect to
Incentive Stock Options, at the time of granting of the Incentive Stock Option,
each of the corporations other than the Company owns stock possessing fifty
percent (50%) or more of the total combined voting power of all classes of stock
in one of the other corporations in the chain.

                  (p) "PARTICIPANT" means an individual who receives a Stock
Incentive hereunder.

                  (q) "PLAN" means the Pinnacle Financial Partners, Inc. 2000
Stock Incentive Plan.

                  (r) "STOCK" means the Company's common stock, $1.00 par value
per share.

                  (s) "STOCK INCENTIVE AGREEMENT" means an agreement between the
Company and a Participant or other documentation evidencing an award of a Stock
Incentive.

                  (t) "STOCK INCENTIVES" means, collectively, Incentive Stock
Options and Non-Qualified Stock Options.

                  (u) "SUBSIDIARY" means any corporation (other than the
Company) in an unbroken chain of corporations beginning with the Company if,
with respect to Incentive Stock Options, at the time of the granting of the
Incentive Stock Option, each of the corporations other than the last corporation
in the unbroken chain owns stock possessing fifty percent (50%) or more of the
total combined voting power of all classes of stock in one of the other
corporations in the chain.

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                  (v) "TERMINATION OF SERVICE" means the termination of the
service relationship, whether employment or otherwise, between a Participant and
the Company and any affiliates, regardless of the fact that severance or similar
payments are made to the Participant for any reason, including, but not by way
of limitation, a termination by resignation, discharge, death, Disability or
retirement. The Committee shall, in its absolute discretion, determine the
effect of all matters and questions relating to a Termination of Service,
including, but not by way of limitation, the question of whether a leave of
absence constitutes a Termination of Service, or whether a Termination of
Service is for Cause.

                       SECTION 2 THE STOCK INCENTIVE PLAN

         2.1 PURPOSE OF THE PLAN. The Plan is intended to (a) provide incentives
to officers, employees, directors and organizers of the Company and affiliates
to stimulate their efforts toward the continued success of the Company and to
operate and manage the business in a manner that will provide for the long-term
growth and profitability of the Company; (b) encourage stock ownership by
officers, employees, directors and organizers by providing them with a means to
acquire a proprietary interest in the Company by acquiring shares of Stock; and
(c) provide a means of obtaining and rewarding key personnel.

         2.2 STOCK SUBJECT TO THE PLAN. Subject to adjustment in accordance with
Section 5.2, 520,000 shares of Stock (the "Maximum Plan Shares") are hereby
reserved exclusively for issuance pursuant to Stock Incentives. At such time as
the Company becomes subject to Section 16 of the Exchange Act, at no time shall
the Company have outstanding Stock Incentives subject to Section 16 of the
Exchange Act and shares of Stock issued in respect of Stock Incentives in excess
of the Maximum Plan Shares. The shares of Stock attributable to the nonvested,
unpaid, unexercised, unconverted or otherwise unsettled portion of any Stock
Incentive that is forfeited or cancelled or expires or terminates for any reason
without becoming vested, paid, exercised, converted or otherwise settled in full
will again be available for purposes of the Plan.

         2.3 ADMINISTRATION OF THE PLAN. The Plan shall be administered by the
Committee. The members of the Committee shall consist solely of at least two
members of the Board of Directors. During those periods that the Company is
subject to the provisions of Section 16 of the Securities Exchange Act of 1934,
the Board of Directors shall consider the advisability of whether each Committee
member shall qualify as an "outside director" as defined in Treasury Regulations
Section 1.162-27(e) as promulgated by the Internal Revenue Service and a
"non-employee director" as defined in Rule 16b-3(b)(3) as promulgated under the
Exchange Act. The Committee shall have full authority in its discretion to
determine the officers, employees, directors and organizers of the Company or
its affiliates to whom Stock Incentives shall be granted and the terms and
provisions of Stock Incentives subject to the Plan. Subject to the provisions of
the Plan, the Committee shall have full and conclusive authority to interpret
the Plan; to prescribe, amend and rescind rules and regulations relating to the
Plan; to determine the terms and provisions of the respective Stock Incentive
Agreements and to make all other determinations necessary or advisable for the
proper administration of the Plan. The Committee's determinations under the Plan
need not be uniform and may be made by it selectively among persons who receive,
or are eligible to receive, awards under the Plan

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(whether or not such persons are similarly situated). The Committee's decisions
shall be final and binding on all Participants. Each member of the Committee
shall serve at the discretion of the Board of Directors and the Board of
Directors may from time to time remove members from or add members to the
Committee. Vacancies on the Committee shall be filled by the Board of Directors.

         The Committee shall select one of its members as chairman and shall
hold meetings at the times and in the places as it may deem advisable. Acts
approved by a majority of the Committee in a meeting at which a quorum is
present, or acts reduced to or approved in writing by a majority of the members
of the Committee, shall be the valid acts of the Committee.

         2.4 ELIGIBILITY AND LIMITS. Stock Incentives may be granted only to
officers, employees, directors and organizers of the Company or any affiliate;
provided, however, that an Incentive Stock Option may only be granted to an
employee of the Company or any Subsidiary. In the case of Incentive Stock
Options, the aggregate Fair Market Value (determined as of the date an Incentive
Stock Option is granted) of stock with respect to which stock options intended
to meet the requirements of Code Section 422 become exercisable for the first
time by an individual during any calendar year under all plans of the Company
and its Parents and Subsidiaries shall not exceed $100,000; provided further,
that if the limitation is exceeded, the Incentive Stock Option(s) which cause
the limitation to be exceeded shall be treated as Non-Qualified Stock Option(s).
To the extent required under Code Section 162(m) of the Code and the regulations
thereunder for compensation to be treated as qualified performance based
compensation, the maximum number of shares of Stock with respect to which
Options may be granted during any calendar year to any individual may not exceed
75,000, subject to adjustment in accordance with Section 5.2. In applying this
limitation, if an Option, or any portion thereof, granted to an employee is
cancelled or repriced for any reason, then the shares of Stock attributable to
such cancellation or repricing either shall continue to be counted as an
outstanding grant or shall be counted as a new grant, as the case may be,
against the affected employee's 75,000 limit for the appropriate calendar year.

                       SECTION 3 TERMS OF STOCK INCENTIVES

         3.1 GENERAL TERMS AND CONDITIONS.

                  (a) The number of shares of Stock as to which a Stock
Incentive shall be granted shall be determined by the Committee in its sole
discretion, subject to the provisions of Section 2.2, as to the total number of
shares available for grants under the Plan. If a Stock Incentive Agreement so
provides, a Participant may be granted a new Option to purchase a number of
shares of Stock equal to the number of previously owned shares of Stock tendered
in payment of the Exercise Price (as defined below) for each share of Stock
purchased pursuant to the terms of the Stock Incentive Agreement.

                  (b) Each Stock Incentive shall be evidenced by a Stock
Incentive Agreement in such form and containing such terms, conditions and
restrictions as the Committee may determine is appropriate. Each Stock Incentive
Agreement shall be subject to the terms of the

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Plan and any provision in a Stock Incentive Agreement that is inconsistent with
the Plan shall be null and void.

                  (c) The date a Stock Incentive is granted shall be the date on
which the Committee has approved the terms of, and satisfaction of any
conditions applicable to, the grant of the Stock Incentive and has determined
the recipient of the Stock Incentive and the number of shares covered by the
Stock Incentive and has taken all such other action necessary to complete the
grant of the Stock Incentive.

                  (d) The Committee may provide in any Stock Incentive Agreement
(or subsequent to the award of a Stock Incentive but prior to its expiration or
cancellation, as the case may be) that, in the event of a Change in Control, the
Stock Incentive shall or may be cashed out on the basis of any price not greater
than the highest price paid for a share of Stock in any transaction reported by
any market or system selected by the Committee on which the shares of Stock are
then actively traded during a specified period immediately preceding or
including the date of the Change in Control or offered for a share of Stock in
any tender offer occurring during a specified period immediately preceding or
including the date the tender offer commences; provided that, in no case shall
any such specified period exceed three (3) months (the "Change in Control
Price"). For purposes of this Subsection, any Option shall be cashed out on the
basis of the excess, if any, of the Change in Control Price over the Exercise
Price to the extent the Option is then exercisable in accordance with the terms
of the Option and the Plan.

                  (e) Any Stock Incentive may be granted in connection with all
or any portion of a previously or contemporaneously granted Stock Incentive.
Exercise or vesting of a Stock Incentive granted in connection with another
Stock Incentive may result in a pro rata surrender or cancellation of any
related Stock Incentive, as specified in the applicable Stock Incentive
Agreement.

                  (f) Unless otherwise permitted by the Committee with respect
to Non-Qualified Stock Options, Stock Incentives shall not be transferable or
assignable except by will or by the laws of descent and distribution and shall
be exercisable, during the Participant's lifetime, only by the Participant; in
the event of the Disability of the Participant, by the legal representative of
the Participant; or in the event of the death of the Participant, by the
personal representative of the Participant's estate or if no personal
representative has been appointed, by the successor in interest determined under
the Participant's will.

                  (g) No Stock Incentive shall have a term that extends beyond
the tenth anniversary of the date the Stock Incentive was granted.

         3.2 TERMS AND CONDITIONS OF OPTIONS. Each Option granted under the Plan
shall be evidenced by a Stock Incentive Agreement. At the time any Option is
granted, the Committee shall determine whether the Option is to be an Incentive
Stock Option or a Non-Qualified Stock Option, and the Option shall be clearly
identified as to its status as an Incentive Stock Option or a Non-Qualified
Stock Option. At the time any Incentive Stock Option is exercised, the Company
shall be entitled to place a legend on the certificates representing the shares
of Stock purchased pursuant to the Option to clearly identify them as shares of
Stock purchased upon

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exercise of an Incentive Stock Option. An Incentive Stock Option may only be
granted within ten (10) years from the earlier of the date the Plan is adopted
by the Board of Directors or approved by the Company's stockholders. All Options
shall provide that the primary Federal regulator of the Bank may require a
Participant to exercise an Option in whole or in part if the capital of the Bank
falls below minimum requirements and shall further provide that, if the
Participant fails to so exercise any such portion of the Option, that portion of
the Option shall be forfeited.

                  (a) OPTION PRICE. Subject to adjustment in accordance with
Section 5.2 and the other provisions of this Section 3.2, the exercise price
(the "Exercise Price") per share of Stock purchasable under any Option shall be
as set forth in the applicable Stock Incentive Agreement. With respect to each
grant of an Incentive Stock Option to a Participant who is not an Over 10%
Owner, the Exercise Price per share shall not be less than the Fair Market Value
on the date the Option is granted. With respect to each grant of an Incentive
Stock Option to a Participant who is an Over 10% Owner, the Exercise Price shall
not be less than 110% of the Fair Market Value on the date the Option is
granted. With respect to each grant of a Non-Qualified Stock Option prior to the
third anniversary of the date the Bank opens for business, the Exercise Price
per share shall be no less than the Fair Market Value. With respect to each
grant of a Non-Qualified Stock Option after the third anniversary of the date
the Bank opens for Business, the Exercise Price per share shall be no less than
eighty-five percent (85%) of Fair Market Value.

                  (b) OPTION TERM. The term of an Option shall be as specified
in the applicable Stock Incentive Agreement; provided, however that any
Incentive Stock Option granted to a Participant who is not an Over 10% Owner
shall not be exercisable after the expiration of ten (10) years after the date
the Option is granted and any Incentive Stock Option granted to an Over 10%
Owner shall not be exercisable after the expiration of five (5) years after the
date the Option is granted.

                  (c) PAYMENT. Payment for all shares of Stock purchased
pursuant to the exercise of an Option shall be made in any form or manner
authorized by the Committee in the Stock Incentive Agreement or by amendment
thereto, including, but not limited to, cash or, if the Stock Incentive
Agreement provides, (1) by delivery to the Company of a number of shares of
Stock which have been owned by the holder for at least six (6) months prior to
the date of exercise having an aggregate Fair Market Value of not less than the
product of the Exercise Price multiplied by the number of shares the Participant
intends to purchase upon exercise of the Option on the date of delivery; (2) in
a cashless exercise through a broker; or (3) by having a number of shares of
Stock withheld, the Fair Market Value of which as of the date of exercise is
sufficient to satisfy the Exercise Price. In its discretion, the Committee also
may authorize (at the time an Option is granted or thereafter) Company financing
to assist the Participant as to payment of the Exercise Price on such terms as
may be offered by the Committee in its discretion. Payment shall be made at the
time that the Option or any part thereof is exercised, and no shares shall be
issued or delivered upon exercise of an Option until full payment has been made
by the Participant. The holder of an Option, as such, shall have none of the
rights of a stockholder.

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                  (d) CONDITIONS TO THE EXERCISE OF AN OPTION. Each Option
granted under the Plan shall be exercisable by whom, at such time or times, or
upon the occurrence of such event or events, and in such amounts, as the
Committee shall specify in the Stock Incentive Agreement; provided, however,
that subsequent to the grant of an Option, the Committee, at any time before
complete termination of such Option, may accelerate the time or times at which
such Option may be exercised in whole or in part, including, without limitation,
upon a Change in Control and may permit the Participant or any other designated
person to exercise the Option, or any portion thereof, for all or part of the
remaining Option term notwithstanding any provision of the Stock Incentive
Agreement to the contrary. Notwithstanding the foregoing, no Option granted
prior to the third anniversary of the date the Plan is adopted by the Board of
Directors shall contain provisions which allow the Option to become vested and
exercisable at a rate faster than in equal, annual one-third increments
commencing with the first anniversary of the Option's grant date.

                  (e) TERMINATION OF INCENTIVE STOCK OPTION STATUS. With respect
to an Incentive Stock Option, in the event of the Termination of Service of a
Participant, the Option's status as an Incentive Stock Option shall expire no
later than three (3) months after the date of Termination of Service; provided,
however, that in the case of a holder whose Termination of Service is due to
death or Disability, up to one (1) year may be substituted for such three (3)
month period. For purposes of this Subsection (e), Termination of Service of the
Participant shall not be deemed to have occurred if the Participant is employed
by another corporation (or a parent or subsidiary corporation of such other
corporation) which has assumed the Incentive Stock Option of the Participant in
a transaction to which Code Section 424(a) is applicable.

                  (f) SPECIAL PROVISIONS FOR CERTAIN SUBSTITUTE OPTIONS.
Notwithstanding anything to the contrary in this Section 3.2, any Option issued
in substitution for an option previously issued by another entity, which
substitution occurs in connection with a transaction to which Code Section
424(a) is applicable, may provide for an exercise price computed in accordance
with such Code Section and the regulations thereunder and may contain such other
terms and conditions as the Committee may prescribe to cause such substitute
Option to contain as nearly as possible the same terms and conditions (including
the applicable vesting and termination provisions) as those contained in the
previously issued option being replaced thereby.

         3.3 TREATMENT OF AWARDS UPON TERMINATION OF SERVICE. Except as
otherwise provided by Plan Section 3.2(e), any award under this Plan to a
Participant who suffers a Termination of Service may be cancelled, accelerated,
paid or continued, as provided in the Stock Incentive Agreement or, in the
absence of such provision, as the Committee may determine. The portion of any
award exercisable in the event of continuation or the amount of any payment due
under a continued award may be adjusted by the Committee to reflect the
Participant's period of service from the date of grant through the date of the
Participant's Termination of Service or such other factors as the Committee
determines are relevant to its decision to continue the award.

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                         SECTION 4 RESTRICTIONS ON STOCK

         4.1 ESCROW OF SHARES. Any certificates representing the shares of Stock
issued under the Plan shall be issued in the Participant's name, but, if the
Stock Incentive Agreement so provides, the shares of Stock shall be held by a
custodian designated by the Committee (the "Custodian"). Each applicable Stock
Incentive Agreement providing for transfer of shares of Stock to the Custodian
shall appoint the Custodian as the attorney-in-fact for the Participant for the
term specified in the applicable Stock Incentive Agreement, with full power and
authority in the Participant's name, place and stead to transfer, assign and
convey to the Company any shares of Stock held by the Custodian for such
Participant, if the Participant forfeits the shares under the terms of the
applicable Stock Incentive Agreement. During the period that the Custodian holds
the shares subject to this Section, the Participant shall be entitled to all
rights, except as provided in the applicable Stock Incentive Agreement,
applicable to shares of Stock not so held. Any dividends declared on shares of
Stock held by the Custodian shall, as the Committee may provide in the
applicable Stock Incentive Agreement, be paid directly to the Participant or, in
the alternative, be retained by the Custodian until the expiration of the term
specified in the applicable Stock Incentive Agreement and shall then be
delivered, together with any proceeds, with the shares of Stock to the
Participant or to the Company, as applicable.

         4.2 RESTRICTIONS ON TRANSFER. The Participant shall not have the right
to make or permit to exist any Disposition of the shares of Stock issued
pursuant to the Plan except as provided in the Plan or the applicable Stock
Incentive Agreement. Any Disposition of the shares of Stock issued under the
Plan by the Participant not made in accordance with the Plan or the applicable
Stock Incentive Agreement shall be void. The Company shall not recognize, or
have the duty to recognize, any Disposition not made in accordance with the Plan
and the applicable Stock Incentive Agreement, and the shares so transferred
shall continue to be bound by the Plan and the applicable Stock Incentive
Agreement.

                          SECTION 5 GENERAL PROVISIONS

         5.1 WITHHOLDING. The Company shall deduct from all cash distributions
under the Plan any taxes required to be withheld by federal, state or local
government. Whenever the Company proposes or is required to issue or transfer
shares of Stock under the Plan, the Company shall have the right to require the
recipient to remit to the Company an amount sufficient to satisfy any federal,
state and local withholding tax requirements prior to the delivery of any
certificate or certificates for such shares. A Participant may pay the
withholding tax in cash, by tendering shares of Stock which have been owned by
the holder for at least six (6) months prior to the date of exercise or, if the
applicable Stock Incentive Agreement provides, a Participant may elect to have
the number of shares of Stock he is to receive reduced by the smallest number of
whole shares of Stock which, when multiplied by the Fair Market Value of the
shares of Stock determined as of the Tax Date (defined below), is sufficient to
satisfy federal, state and local, if any, withholding taxes arising from
exercise or payment of a Stock Incentive (a "Withholding Election"). A
Participant may make a Withholding Election only if both of the following
conditions are met:

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                  (a) The Withholding Election must be made on or prior to the
date on which the amount of tax required to be withheld is determined (the "Tax
Date") by executing and delivering to the Company a properly completed notice of
Withholding Election as prescribed by the Committee; and

                  (b) Any Withholding Election made will be irrevocable;
however, the Committee may, in its sole discretion, disapprove and give no
effect to the Withholding Election.

         5.2 CHANGES IN CAPITALIZATION; MERGER; LIQUIDATION.

                  (a) The number of shares of Stock reserved for the grant of
Options, the maximum number of shares of Stock for which Options may be granted
to any individual during any calendar year, the number of shares of Stock
reserved for issuance upon the exercise of each outstanding Option, and the
Exercise Price of each outstanding Option shall be proportionately adjusted for
any increase or decrease in the number of issued shares of Stock resulting from
a subdivision or combination of shares or the payment of an ordinary stock
dividend in shares of Stock to holders of outstanding shares of Stock or any
other increase or decrease in the number of shares of Stock outstanding effected
without receipt of consideration by the Company.

                  (b) In the event of any merger, consolidation, extraordinary
dividend (including a spin-off), reorganization or other change in the corporate
structure of the Company or its Stock or tender offer for shares of Stock, the
Committee, in its sole discretion, may make such adjustments with respect to
awards and take such other action as it deems necessary or appropriate to
reflect or in anticipation of such merger, consolidation, extraordinary dividend
(including a spin-off), reorganization, other change in corporate structure or
tender offer, including, without limitation, the assumption of other awards, the
substitution of new awards, the termination or adjustment of outstanding awards
(with or without the payment of any consideration), the acceleration of awards
or the removal of restrictions on outstanding awards, all as may be provided in
the applicable Stock Incentive Agreement or, if not expressly addressed therein,
as the Committee subsequently may determine in the event of any such merger,
consolidation, extraordinary dividend (including a spin-off), reorganization or
other change in the corporate structure of the Company or its Stock or tender
offer for shares of Stock. The Committee's general authority under this Section
5.2 is limited by and subject to all other express provisions of the Plan. Any
adjustment pursuant to this Section 5.2 may provide, in the Committee's
discretion, for the elimination without payment therefor of any fractional
shares that might otherwise become subject to any Stock Incentive.

                  (c) The existence of the Plan and the Stock Incentives granted
pursuant to the Plan shall not affect in any way the right or power of the
Company to make or authorize any adjustment, reclassification, reorganization or
other change in its capital or business structure, any merger or consolidation
of the Company, any issue of debt or equity securities having preferences or
priorities as to the Stock or the rights thereof, the dissolution or liquidation
of the Company, any sale or transfer of all or any part of its business or
assets, or any other corporate act or proceeding.

                                       10
<PAGE>

         5.3 CASH AWARDS. The Committee may, at any time and in its discretion,
grant to any holder of a Stock Incentive the right to receive, at such times and
in such amounts as determined by the Committee in its discretion, a cash amount
which is intended to reimburse such person for all or a portion of the federal,
state and local income taxes imposed upon such person as a consequence of the
receipt of the Stock Incentive or the exercise of rights thereunder.

         5.4 COMPLIANCE WITH CODE. All Incentive Stock Options to be granted
hereunder are intended to comply with Code Section 422, and all provisions of
the Plan and all Incentive Stock Options granted hereunder shall be construed in
such manner as to effectuate that intent.

         5.5 RIGHT TO TERMINATE SERVICE. Nothing in the Plan or in any Stock
Incentive Agreement shall confer upon any Participant the right to continue as
an officer, employee, director or organizer of the Company or affect the right
of the Company to terminate the Participant's service at any time.

         5.6 RESTRICTIONS ON DELIVERY AND SALE OF SHARES; LEGENDS. Each Stock
Incentive is subject to the condition that if at any time the Committee, in its
discretion, shall determine that the listing, registration or qualification of
the shares covered by such Stock Incentive upon any securities exchange or under
any state or federal law is necessary or desirable as a condition of or in
connection with the granting of such Stock Incentive or the purchase or delivery
of shares thereunder, the delivery of any or all shares pursuant to such Stock
Incentive may be withheld unless and until such listing, registration or
qualification shall have been effected. If a registration statement is not in
effect under the Securities Act of 1933 or any applicable state securities laws
with respect to the shares of Stock purchasable or otherwise deliverable under
Stock Incentives then outstanding, the Committee may require, as a condition of
exercise of any Option or as a condition to any other delivery of Stock pursuant
to a Stock Incentive, that the Participant or other recipient of a Stock
Incentive represent, in writing, that the shares received pursuant to the Stock
Incentive are being acquired for investment and not with a view to distribution
and agree that the shares will not be disposed of except pursuant to an
effective registration statement, unless the Company shall have received an
opinion of counsel that such disposition is exempt from such requirement under
the Securities Act of 1933 and any applicable state securities laws. The Company
may include on certificates representing shares delivered pursuant to a Stock
Incentive such legends referring to the foregoing representations or
restrictions or any other applicable restrictions on resale as the Company, in
its discretion, shall deem appropriate.

         5.7 NON-ALIENATION OF BENEFITS. Other than as specifically provided
with regard to the death of a Participant, no benefit under the Plan shall be
subject in any manner to anticipation, alienation, sale, transfer, assignment,
pledge, encumbrance or charge; and any attempt to do so shall be void. No such
benefit shall, prior to receipt by the Participant, be in any manner liable for
or subject to the debts, contracts, liabilities, engagements or torts of the
Participant.

         5.8 TERMINATION AND AMENDMENT OF THE PLAN. The Board of Directors at
any time may amend or terminate the Plan without stockholder approval; provided,
however, that the Board of Directors may condition any amendment on the approval
of stockholders of the Company if such approval is necessary or advisable with
respect to tax, securities or other

                                       11
<PAGE>

applicable laws. No such termination or amendment without the consent of the
holder of a Stock Incentive shall adversely affect the rights of the Participant
under such Stock Incentive.

         5.9 STOCKHOLDER APPROVAL. The Plan must be submitted to the
stockholders of the Company for their approval within twelve (12) months before
or after the adoption of the Plan by the Board of Directors. If such approval is
not obtained, any Stock Incentive granted hereunder will be void.

         5.10 CHOICE OF LAW. The laws of the State of Tennessee shall govern the
Plan, to the extent not preempted by federal law.

         IN WITNESS WHEREOF, the Company has caused this Plan to be executed as
of this ___ day of ___________________, 2000.

                                       PINNACLE FINANCIAL PARTNERS, INC.

                                       By:
                                           ------------------------------------

                                       Title:
                                             ----------------------------------
ATTEST:

---------------------------------
Secretary

         [SEAL]

                                       12<PAGE>

                                                                    EXHIBIT 10.6

                              EMPLOYMENT AGREEMENT

         THIS AGREEMENT is made as of the 1st day of March, 2000, by and among
PINNACLE NATIONAL BANK (Proposed) (the "Bank"), a proposed national bank;
PINNACLE FINANCIAL PARTNERS, INC. (formerly known as TMP, Inc.), a proposed bank
holding company incorporated under the laws of the State of Tennessee (the
"Company") (collectively, the Bank and the Company are referred to hereinafter
as the "Employer"), and MICHAEL TERRY TURNER, a resident of the State of
Tennessee (the "Executive").

                                    RECITALS:

         The Employer desires to employ the Executive as President and Chief
Executive Officer of the Bank and the Company and the Executive desires to
accept such employment.

         In consideration of the above premises and the mutual agreements
hereinafter set forth, the parties hereby agree as follows:

1. DEFINITIONS. Whenever used in this Agreement, the following terms and their
variant forms shall have the meaning set forth below:

         1.1 "AGREEMENT" shall mean this Agreement and any exhibits incorporated
herein together with any amendments hereto made in the manner described in this
Agreement.

         1.2 "AFFILIATE" shall mean any business entity which controls the
Company, is controlled by or is under common control with the Company.

         1.3 "BUSINESS OF THE EMPLOYER" shall mean the business conducted by the
Employer, which is the business of commercial banking.

         1.4 "CAUSE" shall mean:

                  1.4.1    With respect to termination by the Employer:

                           (a) a material breach of the terms of this Agreement
             by the Executive, including, without limitation, failure by the
             Executive to perform his duties and responsibilities in the manner
             and to the extent required under this Agreement, which remains
             uncured after the expiration of thirty (30) days following the
             delivery of written notice of such breach to the Executive by
             Employer. Such notice shall (i) specifically identify the duties
             that the Board of Directors of either the Company or the Bank
             believes the Executive has failed to perform, (ii) state the facts
             upon which such Board of Directors made such determination, and
             (iii) be approved by a resolution passed by two-thirds (2/3) of the
             directors then in office;

<PAGE>

                           (b) conduct by the Executive that amounts to fraud,
             dishonesty or willful misconduct in the performance of his duties
             and responsibilities hereunder;

                           (c) arrest for, charged in relation to (by criminal
              information, indictment or otherwise), or conviction of the
              Executive during the Term of this Agreement of a crime involving
              breach of trust or moral turpitude;

                           (d) conduct by the Executive that amounts to gross
             and willful insubordination or inattention to his duties and
             responsibilities hereunder; or

                           (e) conduct by the Executive that results in removal
             from his position as an officer or executive of Employer pursuant
             to a written order by any regulatory agency with authority or
             jurisdiction over Employer.

                  1.4.2    With respect to termination by the Executive:

                           (a) a material modification to the Executive's job
              title(s) or position(s) of responsibility or the scope of his
              authority or responsibilities under this Agreement without the
              Executive's written consent, which modification is not cured to
              the reasonable satisfaction of the Executive within thirty (30)
              days after written notice thereof from the Executive to the Board
              of Directors of either the Bank or the Company;

                           (b) a change in supervision so that the Executive no
              longer reports to the person(s) or entity to whom he reported
              immediately after the Effective Date, which change in supervision
              is effected without the Executive's written consent;

                           (c) a change in supervisory authority so that the
              holder of any position who normally reported to the Executive
              immediately after the Effective Date no longer reports to the
              Executive on a regular basis, which change in supervisory
              authority is effected without the Executive's written consent;

                           (d) any change in the Executive's office location
              such that the Executive is required to report regularly to a
              location that is beyond a 25-mile radius from the Executive's
              office location determined immediately after the Effective Date,
              which change in office location is effected without the
              Executive's written consent; and

                           (e) any material reduction in salary, bonus
              opportunity or other benefits provided for in Section 4 below from
              the level in effect immediately prior to the Change of Control.

                                       2
<PAGE>

         1.5 "CHANGE OF CONTROL" means any one of the following events:

                           (a) the acquisition by any person or persons acting
             in concert of the then outstanding voting securities of either the
             Bank or the Company, if, after the transaction, the acquiring
             person (or persons) owns, controls or holds with power to vote
             forty percent (40%) or more of any class of voting securities of
             either the Bank or the Company, as the case may be;

                           (b) within any twelve-month period (beginning on or
             after the Effective Date) the persons who were directors of either
             the Bank or the Company immediately before the beginning of such
             twelve-month period (the "Incumbent Directors") shall cease to
             constitute at least a majority of such board of directors; provided
             that any director who was not a director as of the Effective Date
             shall be deemed to be an Incumbent Director if that director were
             elected to such board of directors by, or on the recommendation of
             or with the approval of, at least two-thirds of the directors who
             then qualified as Incumbent Directors; and provided further that no
             director whose initial assumption of office is in connection with
             an actual or threatened election contest (as such terms are used in
             Rule 14a-11 of Regulation 14A promulgated under the Securities
             Exchange Act of 1934) relating to the election of directors shall
             be deemed to be an Incumbent Director;

                           (c) a reorganization, merger or consolidation, with
             respect to which persons who were the stockholders of the Bank or
             the Company, as the case may be, immediately prior to such
             reorganization, merger or consolidation do not, immediately
             thereafter, own more than fifty percent (50%) of the combined
             voting power entitled to vote in the election of directors of the
             reorganized, merged or consolidated company's then outstanding
             voting securities; or

                           (d) the sale, transfer or assignment of all or
             substantially all of the assets of the Company and its subsidiaries
             to any third party.

         1.6 "COMPANY INFORMATION" means Confidential Information and Trade
Secrets.

         1.7 "CONFIDENTIAL INFORMATION" means data and information relating to
the business of the Bank or the Company (which does not rise to the status of a
Trade Secret) which is or has been disclosed to the Executive or of which the
Executive became aware as a consequence of or through the Executive's
relationship to the Employer and which has value to the Employer and is not
generally known to its competitors. Confidential Information shall not include
any data or information that has been voluntarily disclosed to the public by the
Employer (except where such public disclosure has been made by the Executive
without authorization) or that has been independently developed and disclosed by
others, or that otherwise enters the public domain through lawful means.

         1.8 "DISABILITY" shall mean the inability of the Executive to perform
each of his material duties under this Agreement for the duration of the
short-term disability period under the

                                       3
<PAGE>

Employer's policy then in effect as certified by a physician chosen by the
Employer and reasonably acceptable to the Executive.

         1.9 "EFFECTIVE DATE" shall mean the date March 1, 2000.

         1.10 "INITIAL TERM" shall mean that period of time commencing on March
1, 2000 (the "Beginning Date") and running until the close of business on the
last business day immediately preceding the third anniversary of the Beginning
Date.

         1.11 "TERM" shall mean the last day of the Initial Term or most recent
subsequent renewal period.

         1.12 "TRADE SECRETS" means Employer information including, but not
limited to, technical or nontechnical data, formulas, patterns, compilations,
programs, devices, methods, techniques, drawings, processes, financial data,
financial plans, product plans or lists of actual or potential customers or
suppliers which:

                           (a) derives economic value, actual or potential, from
             not being generally known to, and not being readily ascertainable
             by proper means by, other persons who can obtain economic value
             from its disclosure or use; and

                           (b) is the subject of efforts that are reasonable
             under the circumstances to maintain its secrecy.

2. DUTIES.

         2.1 POSITION. The Executive is employed initially as President and
Chief Executive Officer of the Bank and the Company and, subject to the
direction of the Board of Directors of the Bank or the Company or its
designee(s), shall perform and discharge well and faithfully the duties which
may be assigned to him from time to time by the Bank or the Company in
connection with the conduct of its business. The duties and responsibilities of
the Executive are set forth on EXHIBIT A attached hereto.

         2.2 FULL-TIME STATUS. In addition to the duties and responsibilities
specifically assigned to the Executive pursuant to Section 2.1 hereof, the
Executive shall:

                           (a) devote substantially all of his time, energy and
             skill during regular business hours to the performance of the
             duties of his employment (reasonable vacations and reasonable
             absences due to illness excepted) and faithfully and industriously
             perform such duties;

                           (b) diligently follow and implement all reasonable
             and lawful management policies and decisions communicated to him by
             the Board of Directors of either the Bank or the Company; and
                                       4
<PAGE>

                           (c) timely prepare and forward to the Board of
             Directors of either the Bank or the Company all reports and
             accountings as may be requested of the Executive.

                  2.3 PERMITTED ACTIVITIES. The Executive shall devote his
entire business time, attention and energies to the Business of the Employer and
shall not during the Term be engaged (whether or not during normal business
hours) in any other business or professional activity, whether or not such
activity is pursued for gain, profit or other pecuniary advantage; but this
shall not be construed as preventing the Executive from:

                           (a) investing his personal assets in businesses which
         (subject to clause (b) below) are not in competition with the Business
         of the Employer and which will not require any services on the part of
         the Executive in their operation or affairs and in which his
         participation is solely that of an investor;

                           (b) purchasing or otherwise acquiring an ownership
         interest in any entity provided that such interest shall not result in
         him collectively owning beneficially at any five percent (5%) or more
         of any entity, or to the extent applicable, five percent (5%) or more
         of the stock, capital or profits of any entity in competition with the
         Business of the Employer; and

                           (c) participating in civic and professional affairs
         and organizations and conferences, preparing or publishing papers or
         books or teaching so long as the Board of Directors of either the Bank
         or the Company approves of such activities prior to the Executive's
         engaging in them.

Notwithstanding the foregoing provisions of this Section 2.3, the Executive may
provide services to any entity and may engage in such additional investment
activities to the extent such services and such additional investment activities
have been expressly approved in writing by the Board of Directors of either the
Bank or the Company.

3. TERM AND TERMINATION.

         3.1 TERM. This Agreement shall remain in effect for the Term. While
this Agreement remains in effect it shall automatically renew each day after the
Effective Date so that the Term remains a three-year term from day-to-day
hereafter unless the Employer or the Executive gives written notice to the other
of its intent that the automatic renewals shall cease. In the event such notice
of non-renewal is properly given, this Agreement and the Term shall expire on
the third anniversary of the thirtieth (30th) day following the date such
written notice is received.

         3.2 TERMINATION. During the Term, the employment of the Executive under
this Agreement may be terminated only as follows:

                  3.2.1 By the Employer:

                           (a) In the event that the Bank fails to receive its
                  regulatory charter, or the Company fails to raise the
                  necessary capital required to open the Bank,

                                       5
<PAGE>

                  and should the Company's Founders decide to forgo future
                  efforts to open the Bank, in which event the Employer shall be
                  required to continue to meet its obligation to the Executive
                  under Section 4.1 until December 31, 2000;

                           (b) For Cause, upon written notice to the Executive
                  pursuant to Section 1.4.1 hereof, where the notice has been
                  approved by a resolution passed by two-thirds of the directors
                  of either the Bank or the Company then in office;

                           (c) Without Cause at any time, provided that the Bank
                  shall give the Executive thirty (30) days' prior written
                  notice of its intent to terminate, in which event the Employer
                  shall be required to continue to meet its obligations to the
                  Executive under Section 4.1 for a period equal to the
                  remaining Term of the Agreement; or

                           (d)      Upon the Disability of Executive at any
                                    time, provided that the Employer shall give
                                    the Executive thirty (30) days' prior
                                    written notice of its intent to terminate,
                                    in which event, the Employer shall be
                                    required to continue to meet its obligations
                                    under Section 4.1 for a period of six (6)
                                    months or until the Executive begins
                                    receiving payments under the Company's
                                    long-term disability policy, whichever
                                    occurs first.

                  3.2.2    By the Executive:

                           (a) For Cause, in which event the Employer shall be
                  required to continue to meet its obligations under Section 4.1
                  for a period equal to the lesser of (i) twelve (12) months
                  following the termination or (ii) the remaining Term of the
                  Agreement; or

                           (b) Without Cause or upon the Disability of the
                  Executive, provided that the Executive shall give the Employer
                  sixty (60) days' prior written notice of his intent to
                  terminate.

                  3.2.3 At any time upon mutual, written agreement of the
             parties.

                  3.2.4 Notwithstanding anything in this Agreement to the
             contrary, the Term shall end automatically upon the Executive's
             death.

         3.3 CHANGE OF CONTROL. If the Executive terminates his employment with
the Employer under this Agreement for Cause within twelve (12) months following
a Change of Control, the Executive, or in the event of his subsequent death, his
designated beneficiaries or his estate, as the case may be, shall receive, as
liquidated damages, in lieu of all other claims, a severance payment equal to
three (3) times the Executives then current Base Salary and target bonus amount
to be paid in full on the last day of the month following the date of
termination. The Executive and his immediate family will continue to receive the
health insurance plan benefits then in effect for employees of the Company
and/or the Bank for a period of three years

                                       6
<PAGE>

to include payment of the Employer funded portion of the plan. The Executive
will also receive tax assistance, advice and filing preparation services from a
qualified accounting firm of his choice for a period of three years at a cost to
the Company and/or the Bank not to exceed $2,500 per year.

         3.4 EFFECT OF TERMINATION. Upon termination of the Executive's
employment hereunder, the Employer shall have no further obligations to the
Executive or the Executive's estate with respect to this Agreement, except for
the payment of salary and bonus amounts, if any, accrued pursuant to Sections
4.1 and 4.2 hereof and unpaid as of the effective date of the termination of
employment and payments set forth in Sections 3.2.1(a),(c) or (d); Section
3.2.2(a); Section 3.3; Section 3.5 and/or Section 4.4, as applicable. Nothing
contained herein shall limit or impinge upon any other rights or remedies of the
Employer or the Executive under any other agreement or plan to which the
Executive is a party or of which the Executive is a beneficiary.

         3.5 TAX INDEMNITY. In the event it shall be determined that any payment
or benefits by the Employer to the Executive (a "Payment") would subject the
Executive to an excise tax under Section 4999 of the Internal Revenue Code (the
"Code") (or any successor federal tax law), or any interest or penalties are
incurred or paid by the Executive with respect to such excise tax (any such
excise tax, together with any interest and penalties, are hereinafter
collectively referred to as the "Excise Tax"), then the Executive shall be
entitled to an additional payment from the Employer as is necessary (after
taking into account all federal, state and local taxes regardless of type,
whether income, excise or otherwise) imposed upon the Executive as a result of
the receipt of the payment contemplated by this Agreement) and any reduction in
such taxes of the Executive as a result of the payment of the related Excise
Tax) to place the Executive in the same after-tax position the Executive would
have been in had no Excise Tax been imposed upon or incurred or paid by the
Executive (the "Tax Indemnity"). The Employer's outside auditor shall determine,
utilizing such reasonable assumptions as it considers necessary, whether a
Payment would subject the Executive to the Excise Tax within thirty (30) days
after receipt of a written request from the Employer or the Executive in which
the requesting party verifies that a Payment has been made and requests an
appropriate determination. The requesting party shall provide the other party
with a copy of any such written request. The outside auditor shall determine
whether a Tax Indemnity obligation exists and, if so, the amount of the Tax
Indemnity and shall provide supporting documentation to both the Employer and
the Executive. The Employer shall pay the Executive any Tax Indemnity so
determined in a lump sum in cash within thirty (30) days following the release
of the related determination by the outside auditor; provided, however, that any
such payment may be reduced by applicable legal withholdings. In the event that
the Internal Revenue Service subsequently assesses an Excise Tax that is greater
than the tax previously calculated by the outside auditor, the Employer shall
make an additional Tax Indemnity payment, as calculated by the outside auditor
in a manner consistent with the provisions of this Section 3.5, to the Executive
within thirty (30) days of the date of such assessment.

4. COMPENSATION. The Executive shall receive the following salary and benefits
during the Term, except as otherwise provided below:

                                       7
<PAGE>

         4.1 BASE SALARY. During the Initial Term, the Executive shall be
compensated at a base rate of $220,000 per year (the "Base Salary"). The
obligation for payment of Base Salary shall be apportioned between the Company
and the Bank as they may agree from time to time in their sole discretion. The
Executive's Base Salary shall be reviewed by the Board of Directors of the Bank
and the Company at least annually, and the Executive shall be entitled to
receive annually an increase in such amount, if any, as may be determined by the
Board of Directors of the Bank or the Company based on its evaluation of
Executive's performance. Base Salary shall be payable in accordance with the
Employer's normal payroll practices.

         4.2 INCENTIVE COMPENSATION. The Executive shall be entitled to annual
bonus compensation, if any, as determined by the Board of Directors of the
Company or the Bank pursuant to any incentive compensation program as may be
adopted from time to time by the Company or the Bank.

         4.3 STOCK OPTIONS. The Company will establish a stock incentive plan
contemporaneously with the initial public offering of the Company's common
stock. The Company will grant to the Executive pursuant to such stock
incentive plan, consistent with applicable provisions of the Internal Revenue
Code, an incentive stock option to purchase, at a per share purchase price
equal to $10.00, 45,000 shares of the Company's common stock. The option
generally will become vested and exercisable in twenty percent (20%)
increments, commencing on the first anniversary of the option grant date,
which shall be the closing date for the Company's initial public offering,
and continuing for the next four successive anniversaries; provided, however,
that, in the event of a Change of Control, the option shall become fully
vested and exercisable; provided further, that in the event of a Change of
Control prior to the third anniversary of the date the Bank opens for
business, the option shall become vested and exercisable at a rate no more
rapidly than thirty-three and one-thrid percent (33 1/3%) per year over the
first three anniversaries of the date the Bank opens for business. The option
shall expire generally upon the earlier of ninety (90) days following
termination of employment or upon the tenth anniversary of the option grant
date. The option will be issued by the Employer pursuant to the Company's
stock incentive plan and subject to the terms of a related stock option
agreement. The Executive shall be eligible for future option grants so long
as the Company maintains a stock incentive plan and shall participate in
future grants at a level that is commensurate with the relative levels of
participation by all other senior management employees of the Employer.

         4.4 HEALTH INSURANCE.

                  (a) The Employer shall reimburse the Executive for the cost of
         premium payments paid by the Executive for the Executive's current
         health insurance covering the Executive and the members of his
         immediate family until the first to occur of the following:

                           (i) such time as the Company adopts a health
                  insurance plan for employees of the Company and/or the Bank;

                           (ii) the Company and the Bank abandon their
                  organizational efforts; or

                           (iii) December 31, 2000.

                                       8
<PAGE>

                  (b) In the event of termination by the Executive for Cause
         (Section 3.2.3(a)), the Employer shall reimburse Executive for the cost
         of premium payments paid by the Executive to continue his then existing
         health insurance for himself and his eligible dependents as provided by
         the Employer for a period of three (3) months following the date of
         termination of employment.

                  (c) In the event of a termination by the Employer without
         Cause (Section 3.2.1(c)), the Employer shall reimburse the Executive
         for the cost of premium payments paid by the Executive to continue his
         then existing health insurance for himself and his eligible dependents
         as provided by Employer for a period of twelve (12) months following
         the date of termination of employment.

         4.5 AUTOMOBILE. Beginning as of the month in which the Bank receives
preliminary charter approval, the Employer will provide Executive with an
automobile allowance of $750 per month.

         4.6 BUSINESS EXPENSES; MEMBERSHIPS. The Employer specifically agrees to
reimburse the Executive for:

                  (a) reasonable and necessary business (including travel)
         expenses incurred by him in the performance of his duties hereunder, as
         approved by the Board of Directors of either the Bank or the Company;
         and

                  (b) beginning as of the Effective Date, the dues and business
         related expenditures, including initiation fees, associated with
         membership in a single civic

         association both as selected by the Executive and in professional
         associations which are commensurate with his position; provided,
         however, that the Executive shall, as a condition of reimbursement,
         submit verification of the nature and amount of such expenses in
         accordance with reimbursement policies from time to time adopted by the
         Employer and in sufficient detail to comply with rules and regulations
         promulgated by the Internal Revenue Service.

         4.7 VACATION. On a non-cumulative basis, the Executive shall be
entitled to four (4) weeks of vacation in each successive twelve-month period
during the Term, during which his compensation shall be paid in full.

         4.8 LIFE INSURANCE. The Employer will provide the Executive with access
to term life insurance coverage at competitive group rates at such time as the
Company develops a life plan for employees of the Company and/or Bank, providing
a death benefit of not less than $1,000,000, payable to such beneficiary or
beneficiaries as the Executive may designate.

         4.9 TAX PREPARATION SERVICES. The Employer will provide the Executive
with tax preparation services annually through a qualified accounting firm of
the Executive's choice at an annual cost not to exceed $2,500.

                                       9
<PAGE>

         4.10 BENEFITS. In addition to the benefits specifically described in
this Agreement, the Executive shall be entitled to such benefits as may be
available from time to time to executives of the Bank similarly situated to the
Executive. All such benefits shall be awarded and administered in accordance
with the Bank's standard policies and practices. Such benefits may include, by
way of example only, profit-sharing plans, retirement or investment funds,
dental, health, life and disability insurance benefits and such other benefits
as the Bank deems appropriate.

         4.11 WITHHOLDING. The Employer may deduct from each payment of
compensation hereunder all amounts required to be deducted and withheld in
accordance with applicable federal and state income, FICA and other withholding
requirements.

5. COMPANY INFORMATION.

         5.1 OWNERSHIP OF COMPANY INFORMATION. All Company Information received
or developed by the Executive while employed by the Employer will remain the
sole and exclusive property of the Employer.

         5.2 OBLIGATIONS OF THE EXECUTIVE. The Executive agrees:

                  (a) to hold Company Information in strictest confidence;

                  (b) not to use, duplicate, reproduce, distribute, disclose or
         otherwise disseminate Company Information or any physical embodiments
         of Company Information; and

                  (c) in any event, not to take any action causing or fail to
         take any action necessary in order to prevent any Company Information
         from losing its character or ceasing to qualify as Confidential
         Information or a Trade Secret.

In the event that the Executive is required by law to disclose any Company
Information, the Executive will not make such disclosure unless (and then only
to the extent that) the Executive has been advised by independent legal counsel
that such disclosure is required by law and then only after prior written notice
is given to the Company when the Executive becomes aware that such disclosure
has been requested and is required by law. This Section 5 shall survive for a
period of twelve (12) months following termination of this Agreement for any
reason with respect to Confidential Information, and shall survive termination
of this Agreement for any reason for so long as is permitted by applicable law,
with respect to Trade Secrets.

         5.3 DELIVERY UPON REQUEST OR TERMINATION. Upon request by the Employer,
and in any event upon termination of his employment with the Employer, the
Executive will promptly deliver to the Employer all property belonging to the
Employer, including, without limitation, all Company Information then in his
possession or control. The Executive agrees that the covenant contained in
Section 5 of this Agreement are of the essence of this Agreement; that the
covenant is reasonable and necessary to protect the business, interests and
properties of the Employer.

                                       10
<PAGE>

6. SEVERABILITY. The parties agree that each of the provisions included in this
Agreement is separate, distinct and severable from the other provisions of this
Agreement and that the invalidity or unenforceability of any Agreement provision
shall not affect the validity or enforceability of any other provision of this
Agreement. Further, if any provision of this Agreement is ruled invalid or
unenforceable by a court of competent jurisdiction because of a conflict between
the provision and any applicable law or public policy, the provision shall be
redrawn to make the provision consistent with and valid and enforceable under
the law or public policy.

7. NO SET-OFF BY THE EXECUTIVE. The existence of any claim, demand, action or
cause of action by the Executive against the Employer, or any Affiliate of the
Employer, whether predicated upon this Agreement or otherwise, shall not
constitute a defense to the enforcement by the Employer of any of its rights
hereunder.

8. NOTICE. All notices and other communications required or permitted under this
Agreement shall be in writing and, if mailed by prepaid first-class mail or
certified mail, return receipt requested, shall be deemed to have been received
on the earlier of the date shown on the receipt or three (3) business days after
the postmarked date thereof. In addition, notices hereunder may be delivered by
hand or overnight courier, in which event the notice shall be deemed effective
when delivered. All notices and other communications under this Agreement shall
be given to the parties hereto at the following addresses:

                  (i) If to the Employer, to it at:

                      Suite 306
                      ------------------------------------------
                      3401 West End Avenue
                      ------------------------------------------
                      Nashville, Tennessee 37203
                      ------------------------------------------

                  (ii) If to the Executive, to him at:

                           812 Jones Parkway
                           Brentwood, TN  37027

9. ASSIGNMENT. Neither party hereto may assign or delegate this Agreement or any
of its rights and obligations hereunder without the written consent of the other
party to this Agreement.

10. WAIVER. A waiver by one party to this Agreement of any breach of this
Agreement by the other party to this Agreement shall not be effective unless in
writing, and no waiver shall operate or be construed as a waiver of the same or
another breach on a subsequent occasion.

11. ARBITRATION. Any controversy or claim arising out of or relating to this
contract, or the breach thereof, shall be settled by binding arbitration in
accordance with the Commercial Arbitration Rules of the American Arbitration
Association. Judgment upon the award rendered by the arbitrator may be entered
only in a state court of Tennessee or the federal court for the Middle District
of Tennessee. The Employer and the Executive agree to share equally the fees and
expenses associated with the arbitration proceedings.

                                       11
<PAGE>

12. ATTORNEYS' FEES. In the event that the parties have complied with this
Agreement with respect to arbitration of disputes and litigation ensues between
the parties concerning the enforcement of an arbitration award, the party
prevailing in such litigation shall be entitled to receive from the other party
all reasonable costs and expenses, including without limitation attorneys' fees,
incurred by the prevailing party in connection with such litigation, and the
other party shall pay such costs and expenses to the prevailing party promptly
upon demand by the prevailing party.

13. APPLICABLE LAW. This Agreement shall be construed and enforced under and in
accordance with the laws of the State of Tennessee.

14. INTERPRETATION. Words importing any gender include all genders. Words
importing the singular form shall include the plural and vice versa. The terms
"herein", "hereunder", "hereby", "hereto", "hereof" and any similar terms refer
to this Agreement. Any captions, titles or headings preceding the text of any
article, section or subsection herein are solely for convenience of reference
and shall not constitute part of this Agreement or affect its meaning,
construction or effect.

15. ENTIRE AGREEMENT. This Agreement embodies the entire and final agreement of
the parties on the subject matter stated in this Agreement. No amendment or
modification of this Agreement shall be valid or binding upon the Employer or
the Executive unless made in writing and signed by both parties. All prior
understandings and agreements relating to the subject matter of this Agreement
are hereby expressly terminated.

16. RIGHTS OF THIRD PARTIES. Nothing herein expressed is intended to or shall be
construed to confer upon or give to any person, firm or other entity, other than
the parties hereto and their permitted assigns, any rights or remedies under or
by reason of this Agreement.

17. SURVIVAL. The obligations of the Executive pursuant to Section 5 shall
survive the termination of the employment of the Executive hereunder for the
period designated under each of those respective sections.

18. JOINT AND SEVERAL. The obligations of the Bank and the Company to Executive
hereunder shall be joint and several.

                  [Remainder of Page Intentionally Left Blank]

                                       12
<PAGE>

         IN WITNESS WHEREOF, the Employer and the Executive have executed and
delivered this Agreement as of the date first shown above.

                                 THE BANK:

                                 PINNACLE NATIONAL BANK (PROPOSED)

                                 By:      /s/  Hugh M. Queener
                                    -------------------------------------------
                                 Print Name:   Hugh M. Queener
                                            -----------------------------------
                                 Title: Secretary, Chief Administration Officer
                                       ----------------------------------------

                                 THE COMPANY:

                                 PINNACLE FINANCIAL PARTNERS, INC.

                                 By:      /s/  Hugh M. Queener
                                    -------------------------------------------
                                 Print Name:   Hugh M. Queener
                                            -----------------------------------
                                 Title: Secretary, Chief Administration Officer
                                       ----------------------------------------

                                 THE EXECUTIVE:

                                          /s/ M. Terry Turner
                                  ---------------------------------------------
                                  MICHAEL TERRY TURNER

                                       13

<PAGE>

                                    EXHIBIT A

                         INITIAL DUTIES OF THE EXECUTIVE

                                   PRESIDENT/
                             CHIEF EXECUTIVE OFFICER

FUNCTION:

Has overall responsibility for the leadership of the organization in all aspects
of its activities to insure safety and soundness, maximize return to the
shareholders, and meet the needs of its various constituencies (shareholders,
Board of Directors, customers, employees, regulators, and communities).

PRINCIPAL ACCOUNTABILITIES:

1.       Develops and implements the overall business strategy of the bank, its
         culture and mission statement. Responsible for the planning,
         implementation and control of long-term and short-term goals, as well
         as strategic plans.

2.       Provides leadership and direction in establishing, implementing,
         monitoring, and achieving the annual business plan.

3.       Oversees employee selection, training, professional development and
         performance at all levels within the bank. Ensures each employee has
         clarity of job responsibilities and defined standards and goals.

4.       Provides leadership in establishing overall policies and procedures
         such as credit policy, investment policy, risk tolerance levels, and
         operational procedures.

5.       Works closely with the Chief Administrative Officer to insure
         appropriate financial reporting and that proper accounting procedures
         are utilized.

6.       Works closely with the Senior Lending Officer/Senior Credit Officer to
         monitor quality of loan portfolio and that loans comply with the Bank's
         lending policy.

7.       Provides active leadership in the development and implementation of an
         effective CRA program including active involvement in ascertaining the
         communities' credit needs.

8.       Originates and approves loans, acting within the approved loan limits
         and guidelines approved by the Board of Directors.

9.       Participates actively in community and civic activities so as to create
         a positive public perception of the bank. Also, to be actively involved
         in business development activities to solicit and maintain sufficient
         business to meet and/or exceed established goals.

<PAGE>

10.      Responsible for maintaining sound relationships with the various
         regulatory agencies and managing the bank to meet or exceed all
         regulatory guidelines.

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