Document:

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                                                                    Exhibit 10.2

                             STOCK OPTION AGREEMENT

     This STOCK OPTION AGREEMENT, dated as of April 13, 2006 (this "Agreement"),
is by and between West Pointe Bancorp, Inc., an Illinois corporation ("Issuer"),
and Commerce Bancshares, Inc., a Missouri corporation ("Grantee").

                                    RECITALS

     A. Issuer, Grantee and CBI-Kansas, Inc., a wholly-owned subsidiary of
Grantee ("Sub"), desire to enter into an Agreement and Plan of Merger dated as
of the date of this Agreement (the "Merger Agreement"), pursuant to which
Grantee and Issuer intend to effect a merger of Issuer with and into Sub (the
"Merger"). Capitalized terms used but not defined herein shall have the meanings
set forth in the Merger Agreement.

     B. As an inducement and condition to Grantee's and Sub's willingness to
enter into the Merger Agreement, and in consideration thereof, the Board of
Directors of Issuer has approved the grant to Grantee of the Option pursuant to
this Agreement and the acquisition of shares of common stock, par value $1.00
per share (the "Common Stock"), of Issuer by Grantee pursuant to this Agreement.

     NOW, THEREFORE, in consideration of the premises and the mutual covenants
and agreements set forth in this Agreement and in the Merger Agreement, the
parties agree as follows:

     1. THE OPTION.

     (A) GRANT. Issuer hereby grants to Grantee an unconditional, irrevocable
option (the "Option") to purchase, subject to the terms of this Agreement, up to
217,000 fully paid and nonassessable shares (the "Shares") at a purchase price
per share in cash equal to $48.75 (the "Option Price"); provided, however, that
in no event shall the number of Shares for which the Option is exercisable
exceed 19.9% of the shares of Common Stock issued and outstanding at the time of
exercise (without giving effect to the Shares issued or issuable under the
Option) (the "Maximum Applicable Percentage"). The number of Shares purchasable
upon exercise of the Option and the Option Price are subject to adjustment as
set forth in this Agreement.

     (B) ADDITIONAL SHARES. In the event that any additional shares of Common
Stock are issued or otherwise become outstanding after the date of this
Agreement (other than pursuant to an event described in Section 6 of this
Agreement, upon exercise of the Company Options or upon exercise of the Option),
the aggregate number of Shares purchasable upon exercise of the Option
(inclusive of Shares, if any, previously purchased upon exercise of the Option)
shall automatically be increased (without any further action on the part of
Issuer or Grantee being necessary) so that, after such issuance, it equals the
Maximum Applicable Percentage. Any such increase shall not effect the Option
Price.

     2. EXERCISE; CLOSING.

     (A) CONDITIONS TO EXERCISE; TERMINATION. Grantee or any other person that
shall become a holder of all or a part of the Option in accordance with the
terms of this Agreement

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(each such person being referred to in this Agreement as the "Holder") may
exercise the Option, in whole or in part, by delivering a written notice thereof
as provided in Section 2(d) within three (3) months following the occurrence of
a Triggering Event unless prior to such Triggering Event a Termination Event
shall have occurred.

     (B) TRIGGERING EVENT. A "Triggering Event" shall have occurred if (i) any
person (other than Grantee or any of its subsidiaries) shall have publicly
announced or delivered to Issuer a proposal, or disclosed publicly or to Issuer
an intention to make a proposal, to purchase 20 percent or more of the assets or
any equity securities of, or to engage in a merger, reorganization, tender
offer, share exchange, consolidation or similar transaction involving the Issuer
or any of its subsidiaries and the Issuer shall not have rejected such proposal
within 10 business days thereafter (an "Acquisition Transaction"); (ii) Issuer
or any of its subsidiaries shall have authorized, recommended, proposed or
publicly announced an intention to authorize, recommend or propose, or entered
into, an agreement, including without limitation, an agreement in principle,
with any person (other than Grantee or any of its subsidiaries) to effect or
provide for an Acquisition Transaction; or (iii) any person (other than Grantee
or any of its subsidiaries)shall have acquired beneficial ownership (as such
term is defined in Rule 13d-3 under the Securities Exchange Act of 1934, as
amended (the "Exchange Act")) or the right to acquire beneficial ownership of,
or any "group" (as such term is defined under the Exchange Act) shall have been
formed which beneficially owns or has the right to acquire beneficial ownership
of, Shares (other than trust account shares) aggregating 20 percent or more of
the then outstanding Shares. As used in this Agreement, "person" shall have the
meaning specified in Sections 3(a)(9) and 13(d) of the Exchange Act.

     (C) NOTICE OF TRIGGERING EVENT BY ISSUER. Issuer shall notify Grantee
promptly in writing of the occurrence of any Triggering Event, it being
understood that the giving of such notice by Issuer shall not be a condition to
the right of the Holder to exercise the Option.

     (D) NOTICE OF EXERCISE BY HOLDER. If a Holder shall be entitled to and
wishes to exercise the Option, it shall send to Issuer a written notice (the
date of which is referred to in this Agreement as the "Notice Date") specifying
(i) the total number of Shares that the Holder desires to purchase pursuant to
such exercise and (ii) a place and date (a "Closing Date") not earlier than
three business days nor later than 30 business days from the Notice Date for the
closing of such purchase (a "Closing"); provided that if the Closing cannot be
consummated by reason of any applicable law, rule, regulation or order or the
need to obtain any necessary approvals or consents of applicable Governmental
Entities, the period of time that otherwise would run pursuant to this sentence
shall run instead from the date on which such restriction on consummation has
expired or been terminated.

     (E) REGULATORY RESTRICTIONS ON EXERCISE. In the event that any full or
partial exercise of the Option would require (i) prior approval by or notice to
any regulatory agencies, (ii) any filing under the Hart-Scott-Rodino Antitrust
Improvement Act of 1976, as amended, or (iii) the expiration of any notice or
waiting period required by applicable law, the Holder shall not exercise the
Option without obtaining any such approval or effecting any such approval,
notice or filing and the Issuer's obligation to issue Shares upon exercise of
the Option shall be deferred until such approval, notice or filing is obtained.

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     (F) PAYMENT OF PURCHASE PRICE. At each Closing, the Holder shall pay to
Issuer the aggregate purchase price for the Shares purchased pursuant to the
exercise of the Option in immediately available funds by a wire transfer to a
bank account designated by Issuer; provided that, the failure of Issuer to
designate such a bank account shall not preclude the Holder from exercising the
Option, in whole or in part.

     (G) DELIVERY OF COMMON STOCK. At such Closing, simultaneously with the
payment of the purchase price for the Shares purchased pursuant to the exercise
of the Option by the Holder and surrender of this Agreement, Issuer shall
deliver to the Holder a certificate or certificates representing the number of
Shares purchased by the Holder, which Shares shall be free and clear of all
liens, charges, encumbrances, security interests ("Liens) or preemptive rights
(other than those created by the terms of this Agreement) and, if the Option
shall be exercised in part only, a new Option evidencing the rights of the
Holder to purchase the balance (as adjusted pursuant to Section 1(b)) of the
Shares then purchasable under this Agreement and the Holder shall deliver to
Issuer a letter agreeing that Grantee shall not offer to sell or otherwise
dispose of such Shares in violation of applicable federal and state securities
laws or of the provisions of this Agreement.

     (H) RESTRICTIVE LEGEND. Certificates for Shares delivered at a Closing may
be endorsed with a restrictive legend that shall read substantially as follows:

          "The transfer of the shares represented by this certificate is subject
     to resale restrictions arising under the Securities Act of 1933, as
     amended."

It is understood and agreed that the above legend shall be removed by delivery
of substitute certificate(s) without such reference if the Holder shall have
delivered to Issuer a copy of a letter from the staff of the Securities and
Exchange Commission, or a written opinion of counsel, in form and substance
reasonably satisfactory to Issuer, to the effect that such legend is not
required for purposes of the Securities Act. In addition, such certificates
shall bear any other legend as may be required by applicable law.

     (I) OWNERSHIP OF RECORD; TENDER OF PURCHASE PRICE; EXPENSES. Upon the
giving by the Holder to Issuer of a written notice of exercise referred to in
Section 2(d) and the tender of the applicable purchase price in immediately
available funds and the tender of this Agreement to Issuer, the Holder shall be
deemed to be the holder of record of the Shares issuable under such exercise,
notwithstanding that the stock transfer books of Issuer shall then be closed or
that certificates representing such Shares shall not have been delivered to the
Holder. Issuer shall pay all expenses, and any and all United States federal,
state and local taxes and other charges that may be payable in connection with
the preparation, issue and delivery of stock certificates under this Section 2
in the name of the Holder or its assignee, transferee or designee.

     (J) TERMINATION. The Option and this Agreement will terminate on the
earliest to occur of (each a "Termination Event"): (i) the Effective Time, (ii)
the close of business on the date that the Merger Agreement is terminated
pursuant to Section 7.1 of the Merger Agreement so long as, in the case of this
clause (ii), a Triggering Event has not occurred, (iii) the date on which
Grantee's Total Profit equals $4,000,000 (the "Maximum Profit"), and (iv)
December 31, 2006; provided that Section 10 of this Agreement shall survive the
termination of this Agreement

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in the event that Issuer has not entered into a definitive agreement with
respect to a Triggering Event prior to December 31, 2006.

     3. COVENANTS OF ISSUER. In addition to its other agreements and covenants
in this Agreement, Issuer agrees:

     (A) SHARES RESERVED FOR ISSUANCE. It will maintain, free from preemptive
rights, sufficient authorized but unissued or treasury shares of Common Stock to
issue the appropriate number of Shares pursuant to the terms of this Agreement
so that the Option may be fully exercised without additional authorization of
Shares after giving effect to all other options, warrants, convertible
securities and other rights of third parties to purchase Shares from Issuer.

     (B) NO AVOIDANCE. It will not avoid or seek to avoid (whether by charter
amendment or through reorganization, consolidation, merger, issuance of rights,
dissolution or sale of assets, or by any other voluntary act) the observance or
performance of any of the covenants, agreements or conditions to be observed or
performed under this Agreement by Issuer.

     (C) FURTHER ASSURANCES. Promptly after the date of this Agreement it will
take all actions as may from time to time be required in the event that prior
notice, report, filing or approval with respect to any bank regulator or other
Governmental Entity is necessary under any applicable law before the Option may
be exercised, cooperating fully with the Holder in preparing and processing the
required applications or notices) in order to permit each Holder to exercise the
Option and purchase Shares pursuant to such exercise.

     4. REPRESENTATION AND WARRANTIES OF ISSUER. Issuer represents and warrants
to Grantee as follows:

     (A) AUTHORITY. Issuer has all requisite corporate power and authority and
has taken all corporate action necessary in order to execute, deliver and
perform its obligations under and to consummate the transactions contemplated by
this Agreement. This Agreement has been duly and validly executed and delivered
by Issuer and constitutes a valid and binding agreement of Issuer, enforceable
against Issuer in accordance with its terms, subject to bankruptcy, insolvency,
fraudulent transfer, reorganization, moratorium and similar laws of general
applicability relating to or affecting creditors' rights and to general equity
principles.

     (B) SHARES RESERVED FOR ISSUANCE; CAPITAL STOCK. Issuer has taken all
necessary corporate action to authorize and reserve, free from preemptive
rights, and permit it to issue, at all times from the date hereof until this
Agreement terminates, sufficient authorized but unissued or treasury Shares so
that the Option may be fully exercised without additional warrants, convertible
securities and other rights of third parties to purchase Shares from Issuer, and
all such Shares, upon issuance pursuant to the Option, will be duly authorized,
validly issued, fully paid and nonassessable, and will be delivered free and
clear of all claims and Liens (other than those created by this Agreement) and
will not be subject to any preemptive rights.

     5. REPRESENTATIONS AND WARRANTIES OF GRANTEE. Grantee represents and
warrants to Issuer that Grantee has all requisite corporate power and authority
and has taken all corporate action necessary in order to execute, deliver and
perform its obligations under and to consummate the transactions contemplated by
this Agreement. This Agreement has been duly

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and validly executed and delivered by Grantee and constitutes a valid and
binding agreement of Grantee, enforceable against Grantee in accordance with its
terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization,
moratorium and similar laws of general applicability relating to or affecting
creditors' rights and to general equity principles. Grantee agrees to execute a
standard investment representation letter with respect to its acquisition of any
Common Stock acquired in connection with the Option.

     6. REPLACEMENT. Upon (i) receipt by Issuer of evidence reasonably
satisfactory to it of the loss, theft, destruction, or mutilation of this
Agreement, and (ii) receipt by Issuer of reasonably satisfactory indemnification
to protect Issuer from any loss which it may suffer if this Agreement is
replaced in the case of loss, theft, destruction or mutilation of this
Agreement, and (iii) surrender and cancellation of this Agreement, Issuer will
execute and deliver a new agreement of like tenor and date.

     7. LIMITATION OF GRANTEE PROFIT.

     (A) Notwithstanding any other provision herein or in the Merger Agreement,
in no event shall Grantee's Total Profit (as defined below) exceed the Maximum
Profit, and, if it otherwise would exceed such amount, Grantee, at the sole
discretion of Issuer, shall either (i) reduce the number of shares subject to
the Option, (ii) deliver to Issuer for cancellation shares of Common Stock,
(iii) pay cash to Issuer, or (iv) any combination of the foregoing, so that
Grantee's Total Profit shall not exceed the Maximum Profit after taking into
account the foregoing actions.

     (B) Notwithstanding any other provision herein or in the Merger Agreement,
the Option may not be exercised for a number of shares of Common Stock as would,
as of the date of exercise, result in a Notional Total Profit (as defined below)
of more than the Maximum Profit, and if exercise of the Option would otherwise
result in a Notional Total Profit exceeding such amount, Grantee, at the sole
discretion of Issuer, shall either (i) reduce the number of shares subject to
the Option, (ii) deliver to Issuer for cancellation shares of Common Stock,
(iii) pay cash to Issuer, or (iv) any combination of the foregoing, so that the
Notional Total Profit shall not exceed the Maximum Profit.

     (C) For purposes of this Agreement, "Total Profit" shall mean the aggregate
amount (before taxes) of (i) the excess of the net cash amounts or fair market
value of the Shares over (ii) the sum of Grantee's aggregate purchase price for
such Shares (or other securities). For purposes of this Agreement, "Notional
Total Profit" with respect to any number of shares as to which Grantee may
propose to exercise the Option shall be the Total Profit, determined as of the
date of such proposed exercise assuming that the Option were exercised on such
date for such number of shares, and assuming that such shares, together with all
other Shares held by Grantee and its affiliates as of such date, were sold for
cash at the closing market price for the Common Stock as of the close of
business on the preceding trading day.

     8. ADJUSTMENTS. In addition to the adjustment to the total number of Shares
purchasable upon exercise of the Option pursuant to Section 1(b), the total
number of Shares purchasable upon the exercise of the Option and the Option
Price shall be subject to adjustment from time to time as follows:

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     (A) NUMBER OF SHARES. In the event of any change in the outstanding Common
Stock by reason of stock dividends, stock splits, split-ups, mergers,
recapitalizations, reclassifications, combinations, subdivisions, conversions,
exchanges of shares or the like, the type and number of Shares purchasable upon
exercise of the Option shall be appropriately adjusted, and proper provision
shall be made in the agreements governing any such transaction, so that (i) any
Holder shall receive upon exercise of the Option the number and class of shares,
other securities, property or cash that such Holder would have received in
respect of the Shares purchasable upon exercise of the Option if the Option had
been exercised and such Shares had been issued to such Holder immediately prior
to such event or the record date therefor, as applicable, and (ii) in the event
any additional Shares are to be issued or otherwise become outstanding as a
result of any such change (other than pursuant to an exercise of the Option),
the number of Shares purchasable upon exercise of the Option shall be increased
so that, after such issuance and together with Shares previously issued pursuant
to the exercise of the Option (as adjusted on account of any of the foregoing
changes in the Shares), the number of Shares so purchasable equals the Maximum
Applicable Percentage of the number of Shares issued and outstanding immediately
after the consummation of such change.

     (B) OPTION PRICE. Whenever the number of Shares purchasable upon exercise
of the Option is adjusted as provided in this Section 8, the Option Price shall
be adjusted by multiplying the Option Price by a fraction, the numerator of
which is equal to the number of Shares purchasable prior to the adjustment and
the denominator of which is equal to the number of Shares purchasable after the
adjustment.

     9. REPURCHASE OF OPTION AND/OR SHARES.

     (A) REPURCHASE; REPURCHASE PRICE.

          (i) Upon Issuer entering into a definitive agreement with respect to a
          Triggering Event, (A) at the request of the Holder, delivered in
          writing within 30 days of such occurrence, Issuer shall repurchase the
          Option from the Holder, in whole or in part, at a price (the "Option
          Repurchase Price") equal to the number of Shares then purchasable upon
          exercise of the Option (or such lesser number of Shares as may be
          designated in the Repurchase Notice) multiplied by the amount by which
          the market/offer price exceeds the Option Price and (B) at the request
          of a Holder or any person who has been a Holder (for purposes of this
          Section 9 only, each such person being referred to as a "Holder"),
          delivered in writing within 30 days of such occurrence, Issuer shall
          repurchase such number of Shares from such Holder as the Holder shall
          designate in the Repurchase Notice at a price (the "Option Share
          Repurchase Price") equal to the number of Shares designated multiplied
          by the market/offer price. The term "market/offer price" shall mean
          the price per Shares to be paid by any third party pursuant to an
          agreement relating to a proposal of an Acquisition Transaction with
          Issuer. In the event that a proposal for an Acquisition Transaction is
          made for the Shares or an agreement is entered into relating to a
          Acquisition Transaction involving consideration other than cash, the
          value of the securities or other property issuable or deliverable in
          exchange for the Shares shall (I) if such consideration is in
          securities and such securities are listed on a national securities
          exchange, be

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          determined to be the trading price for such securities on such
          national securities exchange on the date of the delivery of the
          Repurchase Notice or (II) if such consideration is not securities, or
          if in securities and such securities are not traded on a national
          securities exchange, be determined in good faith by a nationally
          recognized investment banking firm selected by an investment banking
          firm designated by Grantee and an investment banking firm designated
          by Issuer.

          (ii) In the event that Issuer has not entered into a definitive
          agreement with respect to a Triggering Event prior to December 31,
          2006, at the request of the Holder, delivered in writing within 30
          days of such occurrence, Issuer shall repurchase the Shares purchased
          hereunder from the Holder, in whole or in part, at a price equal to
          the Option Price.

     (B) METHOD OF REPURCHASE. A Holder may exercise its right to require Issuer
to repurchase the Option, in whole or in part, and/or any Shares then owned by
such Holder pursuant to this Section 9 by surrendering for such purpose to
Issuer, at its principal office, this Agreement or certificates for Shares, as
applicable, accompanied by a written notice or notices stating that the Holder
elects to require Issuer to repurchase the Option and/or such Shares in
accordance with the provisions of this Section 9 (each such notice, a
"Repurchase Notice"). As promptly as practicable, and in any event within two
business days after the surrender of the Option and/or certificates representing
Shares and the receipt of the Repurchase Notice relating thereto, Issuer shall
deliver or cause to be delivered to the Holder the applicable Option Repurchase
Price and/or the Option Share Repurchase Price and/or the Option Price. Any
Holder shall have the right to require that the repurchase of Shares shall occur
immediately after the exercise of all or part of the Option. In the event that
the Repurchase Notice shall request the repurchase of the Option in part, Issuer
shall deliver with the Option Repurchase Price a new Stock Option Agreement
evidencing the right of the Holder to purchase that number of Shares purchasable
pursuant to the Option at the time of delivery of the Repurchase Notice minus
the number of Shares represented by that portion of the Option then being
repurchased.

     (C) EFFECT OR STATUTORY OR REGULATORY RESTRAINTS ON REPURCHASE. To the
extent that, upon or following the delivery of a Repurchase Notice, Issuer is
prohibited under applicable law or regulation from repurchasing the Shares set
out in the Repurchase Notice (and Issuer will undertake to use its reasonable
best efforts to obtain all required regulatory and legal approvals and to file
any required notices as promptly as practicable in order to accomplish such
repurchase), Issuer shall immediately so notify the Holder in writing and
thereafter deliver or cause to be delivered, from time to time, to the Holder
the portion of the Option Repurchase Price and the Option Share Repurchase Price
that Issuer is no loner prohibited from delivering, within two business days
after the date on which it is no longer so prohibited; provided, however, that
upon notification by Issuer in writing of such prohibition, the Holder may,
within five days of receipt of such notification from Issuer, revoke in writing
its Repurchase Notice, whether in whole or to the extent of the prohibition,
whereupon, in the latter case, Issuer shall promptly (i) deliver to the Holder
that portion of the Option Repurchase Price and/or the Option Share Repurchase
Price that Issuer is not prohibited from delivering; and (ii) deliver to the
Holder, as appropriate, (a) with respect to the Option, a new stock option
agreement evidencing the right of the Holder to purchase that number of Shares
for which the surrendered stock option agreement was exercisable at the time of
delivery of the Repurchase Notice less the number of shares as to

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which the Option Repurchase Price has theretofore been delivered to the Holder,
and/or (B) with respect to Shares, a certificate for the Shares as to which the
Option Share Repurchase Price has not theretofore been delivered to the Holder.
Notwithstanding anything to the contrary in this Agreement, including, without
limitation, the time limitations on the exercise of the Option, the Holder may
give notice of exercise of the Option for 30 days after a notice of revocation
has been issued pursuant to this Section 9(c) and thereafter exercise the Option
in accordance with the applicable provisions of this Agreement.

     10. CALL; CALL PRICE.

     (A) At any time after December 31, 2006 and provided that Issuer has not
entered into a definitive agreement with respect to a Triggering Event prior to
December 31, 2006, Issuer shall have the right, at its election, to repurchase
from Holder any Shares purchased hereunder. The repurchase price for such Shares
shall be the Option Price. Issuer may exercise its right to repurchase from
Holder, in whole or in part, any Shares then owned by such Holder by delivering
a written notice or notices stating that the Issuer elects to repurchase the
Shares in accordance with the provisions of this Section 10 (each such notice, a
"Call Notice"). As promptly as practicable, Issuer shall deliver or cause to be
delivered to the Holder the applicable Option Price.

     (B) To the extent that, upon or following the delivery of a Call Notice,
Issuer is prohibited under applicable law or regulation from repurchasing the
Shares set out in the Call Notice (and Issuer will undertake to use its
reasonable best efforts to obtain all required regulatory and legal approvals
and to file any required notices as promptly as practicable in order to
accomplish such repurchase), Issuer shall immediately so notify the Holder in
writing and thereafter deliver or cause to be delivered, from time to time, to
the Holder the portion of the Option Price that Issuer is no longer prohibited
from delivering, within two business days after the date on which it is no
longer so prohibited.

     11. ASSIGNMENT. Neither party may assign any of its rights or obligations
under this Agreement or the Option to any other person without the express
written consent of the other party except that Grantee may, without the prior
written consent of Issuer assign the Option, in whole or in part, to any
affiliate of Grantee. Any attempted assignment in contravention of the preceding
sentence shall be null and void.

     12. FILINGS; OTHER ACTIONS. Issuer and Grantee each will use its best
efforts to make all filings with, and to obtain consents of, all third parties
and governmental entities necessary for the consummation of the transactions
contemplated by this Agreement.

     13. SPECIFIC PERFORMANCE. The parties acknowledge that damages would be an
inadequate remedy for a breach of this Agreement by either party and that the
obligations of the parties shall be specifically enforceable through injunctive
or other equitable relief.

     14. SEVERABILITY. If any term, provision, covenant, or restriction
contained in this Agreement is held by a court or a federal or state regulatory
agency of competent jurisdiction to be invalid, void, or unenforceable, the
remainder of the terms, provisions, covenants, and restrictions contained in
this Agreement shall remain in full force and effect, and shall in no way

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be affected, impaired, or invalidated. If for any reason such court or
regulatory agency determines that the Holder is not permitted to acquire, or
Issuers is not permitted to repurchase pursuant to Section 9, the full number of
Shares provided in Section 1(a) of this Agreement (as adjusted pursuant to
Sections 1(b) and 8 of this Agreement), it is the express intention of Issuer to
allow the Holder to acquire or to require Issuer to repurchase such lesser
number of Shares as may be permissible, without any amendment or modification of
this Agreement.

     15. NOTICES. Notices, requests, instructions, or other documents to be
given under this Agreement shall be in writing and shall be deemed given (i)
three business days following sending by registered or certified mail, postage
prepared, (ii) when sent, if sent by facsimile, provided that a copy of the fax
is promptly sent by U.S. mail, (iii) when delivered, if delivered personally to
the intended recipient, and (iv) one business day later, if sent by overnight
delivery via a national courier services, in each case at the respective
addresses of the parties set forth in the Merger Agreement.

     16. EXPENSES. Except as otherwise expressly provided in this Agreement or
in the Merger Agreement, all costs and expenses, incurred in connection with
this Agreement and the transactions contemplated by this Agreement shall be paid
by the party incurring such expense, including fees and expenses of its own
financial consultants, investment bankers, accountants, and counsel.

     17. ENTIRE AGREEMENT; AMENDMENT. This Agreement and the Merger Agreement
constitute the entire agreement, and supersede all other prior agreements,
understandings, representations, and warranties, both written and oral, between
the parties, with respect to the subject matter of this Agreement. The terms and
conditions of this Agreement shall inure to the benefit of and be binding upon
the parties and their respective successors and permitted assigns. Nothing in
this Agreement is intended to confer upon any person or entity, other than the
parties to this Agreement, and their respective successors and permitted
assigns, any rights or remedies under this Agreement. This Agreement may be
amended in writing by the mutual agreement of the parties.

     18. GOVERNING LAW AND VENUE. This Agreement shall be deemed to be made in
and in all respects shall be interpreted, construed and governed by and in
accordance with the law of the State of Missouri without regard to the conflict
of law principles thereof. The parties irrevocably and unconditionally consent
to submit to the exclusive jurisdiction of the courts of the State of Illinois
and of the United States of America located in St. Clair County (the "Illinois
Courts") for any litigation arising out of or relating to this Agreement and the
transactions contemplated by this Agreement (and agree not to commence any
litigation relating thereto except in such Illinois Courts), waive any objection
to the laying of venue of any such litigation in the Illinois Courts and agree
not to plead or claim in any Illinois Court that such litigation brought therein
has been brought in an inconvenient forum.

     19. CAPTIONS. The Section and paragraph captions in this Agreement are for
convenience of reference only, do not constitute part of this Agreement and
shall not be deemed to limit or otherwise affect any of the provisions of this
Agreement.

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     20. COUNTERPARTS. This Agreement may be executed in two or more
counterparts, each of which shall be deemed an original but all of which shall
constitute one and the same agreement.

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     IN WITNESS WHEREOF, this Agreement has been duly executed and delivered by
duly authorized officers of the parties as of the day and first year written
above.

                                        WEST POINTE BANCORP, INC.

                                        By: /s/ Terry W. Schaefer
                                            ------------------------------------
                                        Name: Terry W. Schaefer
                                        Title: President and Chief Executive
                                               Officer

                                        By: /s/ Harry E. Cruncleton
                                            ------------------------------------
                                        Name: Harry E. Cruncleton
                                        Title: Chairman of the Board

                                        COMMERCE BANCSHARES, INC.

                                        By: /s/ A. Bayard Clark
                                            ------------------------------------
                                        Name:
                                              ----------------------------------
                                        Title:
                                               ---------------------------------

                                       11EX-10.1

 

Exhibit
10.1

ASSIGNMENT AND ACCEPTANCE

     Reference is made to the Amended and Restated Financing Agreement dated as of April 8, 2005
(as amended and otherwise modified to the date hereof, the “Financing Agreement”) among Monroe
Investments, Inc. (“Monroe Investments”), Monroe Capital Advisors LLC (“Monroe Capital”, and
together with Monroe Investments, “Monroe”) and Fortress Credit Opportunities I LP (“Fortress”, and
together with Monroe, the “Assignors”) and TIMCO Aviation Services, Inc. and certain of its
affiliates parties thereto (collectively, the “Companies”). Capitalized terms not otherwise
defined herein shall have the same meanings as specified therefor in the Financing Agreement.

     SECTION 1. Each of the Assignors hereby sells and assigns, without recourse except as to the
representations and warranties made by it herein, to LJH, Ltd. (the “Assignee”), and the Assignee
hereby purchases and assumes from the Assignors, all of the Assignors’ rights, interests and
obligations in and under the Financing Agreement and the other Loan Documents as of the Effective
Date (as hereinafter defined) other than the Retained Interest (as hereinafter defined) (the
“Assigned Interest”). After giving effect to such sale and assignment, the Assignee shall be the
sole “Lender” under the Financing Agreement and all of the other Loan Documents.

     SECTION 2. Each of the Assignors represents and warrants solely as to itself that (a) it has
not sold, assigned or otherwise transferred any right or interest, whether legal, beneficial or
otherwise, in the Notes (as hereinafter defined), the Obligations or any other rights or
obligations under the Financing Agreement or the other Loan Documents to any Person other than the
Assignors; (b) it has the full power and authority, and have taken all action necessary, to execute
and deliver this Assignment and Acceptance, and to perform its obligations hereunder; and (c) no
governmental or third party approvals or consents are required for it to execute and deliver this
Assignment and Acceptance, and to perform its obligations hereunder.

     SECTION 3. The Assignors represent and warrant that (a) they are the legal and beneficial
owners of the Assigned Interest and that such Assigned Interest is free and clear of any lien,
encumbrance or other adverse claim; (b) other than as provided herein, make no representation or
warranty and assumes no responsibility with respect to any statements, warranties or
representations made in or in connection with the Financing Agreement or any of the other Loan
Documents, or the execution, legality, validity, enforceability, genuineness, sufficiency or value
of the Financing Agreement or any of the other Loan Documents, or any other instrument or document
furnished pursuant thereto; and (c) make no representation or warranty and assumes no
responsibility with respect to the financial condition of any of the Companies or any of their
affiliates or the performance or observance by any of the Companies of any of their Obligations, or
any other instrument or document furnished pursuant thereto.

     SECTION 4. The Assignee (a) represents and warrants that its name set forth on the signature
pages hereof is its legal name; (b) confirms that it has received a copy of the Financing Agreement
and the other Loan Documents, together with copies of the financial statements referred to therein
and such other documents and information as it has deemed appropriate to make its own credit
analysis and decision to enter into this Assignment and Acceptance; (c) agrees that it has made and
will continue to make, independently and without reliance upon the either Assignor and based on
such documents and information as it shall deem appropriate at the time, its own credit decisions
in taking or not taking action under the Financing Agreement and the other Loan Documents; (d)
confirms that it is eligible as an assignee under the terms of the Financing Agreement and the
other Loan Documents; and (e) agrees that, from and after the Effective Date, it will be bound by
the provisions of the Financing

Assignment and Acceptance

 

 

2

Agreement and the other Loan Documents and it will perform in accordance with their terms all
of the obligations that by the terms of the Financing Agreement and the other Loan Documents are
required to be performed by it as the Lender.

     SECTION 5. Upon the request of the Assignee, at the sole cost and expense of the Borrowers,
Monroe hereby agrees to execute and deliver, or to cause to be executed and delivered, such
assignments and other instruments of transfer as may be reasonably requested by the Assignee to
effectuate the intent and purposes, and to carry out the terms, of this Assignment and Acceptance,
and to further assign and transfer to the Assignee the liens and security interests created
pursuant to the Loan Documents, and such assignments and instruments of transfer shall be in proper
form for recording in the appropriate filing and recording offices. Monroe hereby authorizes the
Assignee to make such filings (including the filings of UCC-3 assignments) as are necessary to make
the assignments contemplated hereby in the appropriate jurisdictions. Monroe hereby agrees to
deliver to the Assignee on the Effective Date all possessory Collateral and all Loan Documents in
Monroe’s possession.

     SECTION 6. [RESERVED]

     SECTION 7. Each of the Companies and the Guarantors hereby waives any obligation of the
Assignee to attach to this Assignment and Acceptance or otherwise deliver to any or all of the
Borrowers the forms prescribed by the Internal Revenue Service of the United States certifying as
to the Assignee’s status for purposes of determining exemption from the United States withholding
taxes with respect to all payments to be made to the Assignee under the Financing Agreement or such
other documents as are necessary to indicate that all such payments are subject to such rates at a
rate reduced by an applicable tax treaty.

     SECTION 8. (a) The Assignors acknowledge that (i) the Assignee may now possesses and may
hereafter possess certain non-public information concerning the Companies, the Loan Documents and
the transactions contemplated thereby, that may or may not be independently known by the Assignors,
and which may constitute material information with respect to the foregoing; (ii) the Assignee has
no obligation to furnish the non-public information to the Assignors; and (iii) the Assignors have
adequate information concerning the Loan Documents and the business and financial condition of the
Companies to make an informed decision regarding entering into this Assignment and Acceptance.

     (b) The Assignee acknowledges that (i) one or more of the Assignors may now possess and may
hereafter possess certain non-public information concerning the Companies, the Loan Documents and
the transactions contemplated thereby, that may or may not be independently known by the Assignee,
and which may constitute material information with respect to the foregoing; (ii) the Assignors
have no obligation to furnish the non-public information to the Assignee; and (iii) the Assignee
has adequate information concerning the Loan Documents and the business and financial condition of
the Companies to make an informed decision regarding entering into this Assignment and Acceptance.

     SECTION 9. The Assignors and the Assignee hereby acknowledge and agree that the Intercreditor
Agreement dated as of April 5, 2004 (as amended and otherwise modified to the date hereof, the
“Intercreditor Agreement”) between The CIT/Group/Business Credit, Inc. and Hilco Capital LP remains
in full force and effect, and that by entering into this Assignment and Acceptance, the Assignee
agrees that it and each of its successors and assigns shall be bound by the terms and conditions of
the Intercreditor Agreement.

     SECTION 10. Upon the occurrence of the Effective Date, each of the Assignors, the Assignee and
the Companies, for itself and on behalf of each of its subsidiaries, successors and assigns, hereby
expressly, absolutely, unconditionally and forever waives, releases and discharges any and all of

 

 

 3

the Released Claims (as hereinafter defined) any of them may have or allege to have (and all
defenses which may arise out of any of the foregoing), against any or all of the Assignors, the
Assignee and the Companies, and their respective affiliates, equityholders and “controlling
persons” (within the meaning of the United States federal securities laws) and their respective
successors and assigns and each and all of the employees, directors, officers, attorneys, agents
and other representatives of each of the foregoing (collectively, the “Released Parties”), based in
whole or in part on any facts relating to the Released Claims, whether known or unknown. As used
herein, the term “Released Claims” means any and all claims (including, without limitation,
cross-claims, counterclaims, right of setoff and recoupment), causes of actions, demands, suits,
costs, expenses and damages of any nature, description or kind whatsoever (“Claims”), whether known
or unknown, whether now or hereafter arising, and whether arising in law or at equity, for or
resulting from any matter of things done, omitted or suffered to be done by any of the Released
Parties up to and including the Effective Date which relate to the Obligations, the Loan Documents,
any use or proposed use of the Loans or the proceeds thereof, or any of the other transactions
contemplated hereby or thereby; provided, that the Released Claims shall not include Claims (a) for
or relating to the Retained Interest, (b) among or between one or more of the Companies, the
Assignee and/or their respective subsidiaries, affiliates, officers, attorneys, agents or
representatives, (c) relating to the obligations of the Companies and the Assignee under the Loan
Documents, including the liens and security interests securing the Obligations, and (d) relating to
the representations and warranties set forth in Sections 2, 3 and 4, and the agreements set forth
in Section 5, of this Assignment and Acceptance

     SECTION 11. The Effective Date shall be the first date on which each of the following
conditions are satisfied, which date shall occur no later than April 10, 2006: (a) this Assignment
and Acceptance shall have been duly executed and delivered by each of the parties hereto; (b) all
amounts reflected on Schedule I hereto (the “Purchase Price”) as owing to the Assignors, whether
from the Borrowers or the Assignee, shall have been deposited in immediately available funds to the
account of Monroe Capital Advisors LLC maintained by Lasalle National Bank N.A. at its offices at
135 S. LaSalle Street, Chicago, IL 60603, ABA No. 071-000-505, Account No. 5800969056, Reference:
Monroe Capital Advisors Funding Act.; and (c) the Notes owing to or otherwise held by the Assignors
and described on Schedule II hereto (the “Notes”) shall have been delivered to the Assignee,
together with duly executed endorsements thereto. Upon such execution, delivery, payment and
receipt, from and after the Effective Date, (a) the Assignee shall be a party to the Financing
Agreement and, to the extent that rights and obligations under the Financing Agreement have been
assigned to it pursuant to this Assignment and Acceptance, have the rights and obligations of the
Lender thereunder; (b) the Assignors shall, to the extent that any rights and obligations under the
Financing Agreement have been assigned by it pursuant to this Assignment and Acceptance, relinquish
their rights (other than their rights (such rights being the “Retained Interest”) under Section
7.12 of the Financing Agreement (and other comparable provisions of the other Loan Documents that
are specified under the terms of such other Loan Documents to survive the payment in full of the
Obligations) to the extent that any claim thereunder relates to an event arising prior to the
Effective Date but excluding claims solely between the Assignors) and be released from their
obligations, and the Assignors shall cease to be a party thereto; provided, that the Retained
Interest does not include legal fees relating from a dispute among Assignors and Assignee caused
solely by a breach of this Assignment Agreement; and (c) the Companies shall make all payments
under the Financing Agreement and the Notes in respect of the Assigned Interest (including, without
limitation, all payments of principal, interest and the fees with respect thereto) to the Assignee.

     SECTION 12. To the extent Fortress Credit Opportunities I LP or Monroe Investments, Inc. is
considered a legal or beneficial owner or holder of the Notes, each hereby consents to and
instructs Monroe Capital Advisors LLC to endorse and deliver the Notes to Assignee on its behalf.
Monroe confirms and agrees that the General Assignment Agreement dated as if April 8, 2005,
executed and delivered by Hilco Capital LP in favor of Monroe Capital is a “Loan Document” for
purposes of the assignment by Monroe Capital in Section 1.

 

 

4

     SECTION 13. The Assignee hereby agrees to indemnify, defend, and hold the Assignors and any
employee, officer, director, affiliate, parent, attorney or agent of the Assignors (each, an
“Indemnified Person”) harmless of and from any loss or liability arising from failure by Assignee
to provide Monroe with an original counterpart of the Financing Agreement within ten (10) Business
Days after Monroe’s request therefor in connection with litigation involving a claim by an Assignor
for indemnification thereunder (as well as from reasonable attorneys’ fees and expenses in
connection therewith). The Assignee, by executing this Assignment and Acceptance where indicated
below, acknowledges and agrees that its liability and obligations under this Section 13 shall
continue in full force and effect until specifically terminated in writing by a duly authorized
officer of the Assignors.

     SECTION 14. This Assignment and Acceptance shall be governed by, and construed in accordance
with, the laws of the State of New York.

     SECTION 15. This Assignment and Acceptance shall be binding upon, and inure to the benefit of,
the parties hereto and their respective successors and assigns. This Assignment and Acceptance may
be executed in any number of counterparts and by different parties hereto in separate counterparts,
each of which when so executed shall be deemed to be an original and all of which taken together
shall constitute one and the same agreement. Delivery of an executed counterpart of this
Assignment and Acceptance hereto by telecopier email shall be effective as delivery of an
originally executed counterpart of this Assignment and Acceptance. All representations,
warranties, covenants and other provisions made by the parties hereto shall be considered to have
been relied upon by the parties hereto, shall be true and correct in all material respects as of
the Effective Date, and shall survive the execution, delivery and performance of this Assignment
and Acceptance.

[remainder of page intentionally left blank]

 

 

     IN WITNESS WHEREOF, the Assignors, the Assignee and TIMCO Aviation Services, Inc. have caused
this Assignment and Acceptance to be executed by their respective officers thereunto duly
authorized, as of the date specified hereon.

ASSIGNORS

	 	 	 	 	 	 	 
	 	 	MONROE CAPITAL ADVISORS, LLC, as Assignor	 	   
	 
	 	 	 	 	 	 
	 

	 	By  /s/ Ted Koenig
 

	 	 
	 

	 	 	Name: Ted Koenig	 	 
	 

	 	 	Title: President	 	 
	 
	 	 	 	 	 	 
	 	 	MONROE INVESTMENTS, INC., as Assignor	 	 
	 
	 	 	 	 	 	 
	 

	 	By  /s/ Ted Koenig
 

	 	 
	 

	 	Name:	 	 Ted Koenig	 	 
	 

	 	Title:	 	President	 	 
	 
	 	 	 	 	 	 
	 	 	FORTRESS CREDIT OPPORTUNITIES I LP, as Assignor	 	 
	 
	 	 	 	 	 	 
	 

	 	By  /s/
Constantine Dakolias
 

	 	 
	 

	 	Name:	 	Constantine Dakolias	 	 
	 

	 	Title:	 	Chief Credit Officer	 	 

 Assignment and Acceptance

 

 

	 	 	 	 	 	 	 
	 	 	ASSIGNEE	 	 
	 
	 	 	 	 	 	 
	 	 	   LJH, LTD., as Assignee	 	 
	 
	 	 	     By: DLH Management, LLC, its general partner	 	 
	 
	 	 	 	 	 	 
	 

	 	By  /s/ Lacy
Harber
 

	 	 
	 

	 	Name:	 	Lacy Harber	 	 
	 

	 	Title:	 	President	 	 

	 	 	 	 	 
	COMPANIES	 	 
	 
	 	 	 	 
	Agreed and Approved this 10th day
of April, 2006	 	 
	 
	 	 	 	 
	TIMCO AVIATION SERVICES, INC.	 	 
	 
	 	 	 	 
	By  /s/
Kevin Carter
 

	 	 
	Name:
	 	Kevin Carter	 	 
	Title:
	 	Senior Vice President, Finance	 	 
	 
	 	 	 	 
	AIRCRAFT INTERIOR DESIGN, INC.	 	 
	 
	 	 	 	 
	By  /s/
Kevin Carter
 

	 	 
	Name:
	 	Kevin Carter	 	 
	Title:
	 	Senior Vice President, Finance	 	 
	 
	 	 	 	 
	BRICE MANUFACTURING COMPANY, INC.	 	 
	 
	 	 	 	 
	By  /s/
Kevin Carter
 

	 	 
	Name:
	 	Kevin Carter	 	 
	Title:
	 	Senior Vice President, Finance	 	 
	 
	 	 	 	 
	TIMCO ENGINE CENTER, INC.	 	 
	 
	 	 	 	 
	By  /s/
Kevin Carter
 

	 	 
	Name:
	 	Kevin Carter	 	 
	Title:
	 	Senior Vice President, Finance	 	 
	 
	 	 	 	 
	TIMCO ENGINEERED SYSTEMS, INC.	 	 
	 
	 	 	 	 
	By  /s/
Kevin Carter
 

	 	 
	Name:
	 	Kevin Carter	 	 
	Title:
	 	Senior Vice President, Finance	 	 

 

 

	 	 	 	 	 
	TRIAD INTERNATIONAL MAINTENANCE CORPORATION	 	 
	 
	 	 	 	 
	By  /s/
Kevin Carter
 

	 	 
	Name:
	 	Kevin Carter	 	 
	Title:
	 	Senior Vice President, Finance	 	 
	 
	 	 	 	 
	AVIATION SALES DISTRIBUTION SERVICES COMPANY	 	 
	 
	 	 	 	 
	By  /s/
Kevin Carter
 

	 	 
	Name:
	 	Kevin Carter	 	 
	Title:
	 	Senior Vice President, Finance	 	 
	 
	 	 	 	 
	AVIATION SALES LEASING COMPANY	 	 
	 
	 	 	 	 
	By  /s/
Kevin Carter
 

	 	 
	Name:
	 	Kevin Carter	 	 
	Title:
	 	Senior Vice President, Finance	 	 
	 
	 	 	 	 
	AVIATION SALES PROPERTY MANAGEMENT CORP.	 	 
	 
	 	 	 	 
	By  /s/
Kevin Carter
 

	 	 
	Name:
	 	Kevin Carter	 	 
	Title:
	 	Senior Vice President, Finance	 	 
	 
	 	 	 	 
	AVS/CAI, INC.	 	 
	 
	 	 	 	 
	By  /s/
Kevin Carter
 

	 	 
	Name:
	 	Kevin Carter	 	 
	Title:
	 	Senior Vice President, Finance	 	 
	 
	 	 	 	 
	AVS/M-1, INC.	 	 
	 
	 	 	 	 
	By  /s/
Kevin Carter
 

	 	 
	Name:
	 	Kevin Carter	 	 
	Title:
	 	Senior Vice President, Finance	 	 
	 
	 	 	 	 
	AVS/M-2, INC.	 	 
	 
	 	 	 	 
	By  /s/
Kevin Carter
 

	 	 
	Name:
	 	Kevin Carter	 	 
	Title:
	 	Senior Vice President, Finance	 	 
	 
	 	 	 	 
	AVS/M-3, INC.	 	 
	 
	 	 	 	 
	By  /s/
Kevin Carter
 

	 	 
	Name:
	 	Kevin Carter	 	 
	Title:
	 	Senior Vice President, Finance	 	 

 

 

	 	 	 	 	 
	AVSRE, L.P.	 	 
	 
	 	 	 	 
	 

	 	By: Aviation Sales Property
Management Corp, its general partner	 	 
	 
	 	 	 	 
	By  /s/
Kevin Carter
 

	 	 
	Name:
	 	Kevin Carter	 	 
	Title:
	 	Senior Vice President, Finance	 	 
	 
	 	 	 	 
	HYDROSCIENCE, INC.	 	 
	 
	 	 	 	 
	By  /s/
Kevin Carter
 

	 	 
	Name:
	 	Kevin Carter	 	 
	Title:
	 	Senior Vice President, Finance	 	 
	 
	 	 	 	 
	TMAS/ASI, INC.	 	 
	 
	 	 	 	 
	By  /s/
Kevin Carter
 

	 	 
	Name:
	 	Kevin Carter	 	 
	Title:
	 	Senior Vice President, Finance	 	 
	 
	 	 	 	 
	WHITEHALL CORPORATION	 	 
	 
	 	 	 	 
	By  /s/
Kevin Carter
 

	 	 
	Name:
	 	Kevin Carter	 	 
	Title:
	 	Senior Vice President, Finance	 	 

 

 

Schedule I

to

ASSIGNMENT AND ACCEPTANCE

	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	ACCRUED INTEREST	 	 
	LOAN TYPE	 	LOAN BALANCE	 	(Current & PIK)	 	TOTAL DUE
	Term Loan A-1
	 	$	8,158,314.57	 	 	$	31,979.75	 	 	$	8,190,294.32	 
	Term Loan A-2
	 	$	7,138,507.47	 	 	$	27,982.20	 	 	$	7,166,489.67	 
	Term Loan B
	 	$	2,627,508.00	 	 	$	9,496.71	 	 	$	2,637,004.71	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 
	TOTALS:
	 	$	17,924,330.04	 	 	$	69,458.66	 	 	$	17,993,788.70	 
	 	 	PREPAYMENT PENALTY:
	 	 	$	0	 
	 	 	ACCRUED FACILITY FEES:
	 	 	$	0	 
	 	 	ACCRUED COLLATERAL MANAGEMENT FEES:
	 	 	$	0	 
	 	 	ACCRUED SUCCESS FEES:
	 	 	$	0	 
	 	 	ACCRUED LEGAL FEES/EXPENSES
	 	 	$	0	 
	 	 	ACCRUED DEFAULT INTEREST
	 	 	$	319,466.38	 
	 	 	TOTAL PURCHASE PRICE
	 	 	$	18,313,255.08	 

 

 

Schedule II

to

ASSIGNMENT AND ACCEPTANCE

Notes

	1.	 	Term Note dated as of April 5, 2004 (the “Term Note”) payable to Hilco Capital LP in the
principal amount of $8,000,000.

	2.	 	Term Note A-2 dated as of April 8, 2005 payable to Monroe Capital Advisors LLC in the
principal amount of $7,000,000.

	3.	 	Term Note B dated as of April 8, 2005 payable to Monroe Capital Advisors LLC in the principal
amount of $3,000,000.

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