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                                                                    Exhibit 10.4

                         FIRST COMMUNITY BANK OF AMERICA

                      INCENTIVE DEFERRED COMPENSATION PLAN

Purpose: The Plan's purpose would be to reward those Officers of the Bank who
have (1) contributed to the Bank's current profitability, and/or (2)
demonstrated the potential to contribute to the Bank's future profitability.

Eligibility: All full-time Bank Officers would be eligible to participate in the
Plan, however it is anticipated that awards will be concentrated on a relatively
few key individuals.

Amount Available: The maximum amount available for awards will be determined
annually by FCBA Board of Directors and will be related to the financial
institution's achievement of its profitability objectives. For 2001, it is
proposed that the following formula will apply:

FCBA Net Income          Maximum Plan Award
---------------          ------------------
(less than)0             Zero
$350,000                 $78,000
(greater than)$350,000   20% of net income (max. $100,000)

Total Plan awards may be less than the maximum provided by the formula.

Individual Awards: The CEO will recommend to the Executive Committee all Plan
awards other than his own. The Executive Committee will determine the CEO's Plan
award, as well as revise or approve all other awards. All such actions would
then be submitted to FCBA's Board of Directors for approval.

Method of Payment: Plan awards granted would normally be paid in five equal
annual installments, commencing in January of the year following the award. An
annual "interest factor" would be paid on the amount deferred, ranging from zero
to thirty percent, depending on the financial institution's profitability for
the year involved. The "interest factor" would be determined annually by the
Board of Directors, after receiving a recommendation from the Executive
Committee. Should a Plan Participant leave the Bank (other than for disability
or retirement) that Participant would forfeit any unpaid portion of his or her
award. All awards would be immediately vested upon a change of control.<PAGE>

                                                                    Exhibit 10.5

                                ESCROW AGREEMENT

         This Escrow Agreement is entered into and effective this ____ day of
April, 2003, by and between First Community Bank Corporation of America, a
Florida corporation ( the "Company"), and its subsidiary First Community Bank
Corporation of America ("Escrow Agent" or "Agent").

                                   WITNESSETH:

         WHEREAS, the Company, a Florida banking corporation, proposes to offer
for sale up to 570,000 shares of its $0.10 par value common stock (the "Common
Stock") which shares shall be registered under the Securities Act of 1933, as
amended, at $14.00 per share in minimum purchase of 350 shares ("Offering"); and

         WHEREAS, the Company and Kendrick, Pierce Securities, Inc. have
requested the Escrow Agent to serve as the depository for the payment of
subscription proceeds ("Payments") received from investor(s) who are subscribing
to purchase shares of Common Stock in the Company pursuant to, and in accordance
with, the terms and conditions contained in the Company's Prospectus and
Subscription Agreement; and

         WHEREAS, the Offering will terminate as provided for in the Prospectus
("Offering Period").

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

         (1) The Company and Kendrick, Pierce Securities, Inc. hereby appoint
and designate the Escrow Agent for the purposes set forth herein. The Escrow
Agent acknowledges and accepts said appointment and designation.

         (2) The Company and/or Kendrick, Pierce Securities, Inc. shall deliver
all payments received (the "Subscription Funds") to the Escrow Agent in the form
in which they are received by noon of the next business day after their receipt
by the Company and/or Kendrick, Pierce Securities, Inc. Such funds shall be
deposited by the Escrow Agent into the Escrow Account. Prior to the Closing
Dante the Company shall deliver to the Escrow Agent copies of written
acceptances of the Company for shares in the Company for which the Subscription
Funds represent payment. The Company and/or Kendrick, Pierce Securities, Inc.
shall deliver to the Escrow Agent completed copies of each Subscription
Agreement for each subscriber, along with such subscriber's name, address,
number of shares subscribed and social security or taxpayer identification
number. Copies of said subscription Agreements shall be delivered to the other
party as well.

         (3) Subscription Funds shall be held and disbursed by the Escrow Agent
in accordance with the terms of this Agreement.

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         (4) In the event any Subscription Funds are dishonored for payment for
any reason, the Escrow Agent agrees to orally notify the Company and Kendrick,
Pierce Securities, Inc. thereof as soon as practicable and to confirm same in
writing and to return the dishonored Subscription Funds to the Company in the
form in which they were delivered.

         (5) Prior to the Closing Date, should the Company elect to reject a
subscription or to accept a subscription for less than the number of shares
shown in the purchaser's Subscription Agreement, it shall indicate such
rejection or lesser number of shares on the written acceptance of the Company
transmitted to the Escrow Agent, the Agent shall deposit such payment in the
escrow account and then, upon separate instruction from the Company, remit
within ten (10) days after such deposit to such subscriber at the address shown
in the Subscription Agreement that amount of the Subscription Funds in excess of
the amount which constitutes full payment for the number of subscribed shares
accepted by the Company as shown in the Company's written acceptance, without
interest or diminution.

         (6) Definitions as used herein:

                  (a) "Total Receipts" shall mean the sum of all Subscription
Funds delivered to the Escrow Agent pursuant to Paragraph (2) hereof, less (i)
all Subscription Funds returned pursuant to Paragraphs (4) and (5) hereof and
(ii) all Subscription Funds which have not been paid by the financial
institution upon which they are drawn.

                  (b) "Expiration Date" shall mean 5:00 P.M., Eastern Time, on
the date defined in the Prospectus (as extended from time to time); provided,
however, in the event that the Escrow Agent is given oral notification followed
in writing, by the Company that it has elected to cancel the offering, then the
Expiration Date shall mean 5:00 P.M., Eastern Time, on the date the offering has
been canceled.

                  (c) "Closing Date" shall mean the business day on which the
Company, after determining that all of the Offering conditions have been met,
selects in its sole discretion. There may be multiple Closing Dates as
determined by the Company and Kendrick, Pierce.

                  (d) "Escrow Release Conditions" shall mean that (i) the
Company has not canceled the Offering; (ii) that Kendrick, Pierce has had an
opportunity to review the Subscription Agreements pursuant to the Sales Agent
Agreement between them; and (iii) all other release conditions identified in the
Company's Registration Statement have been met.

         (7) Pending disposition of the Subscription Funds under this Agreement,
the Escrow Agent will invest collected Subscription Funds in (i) bank accounts,
(ii) bank money market accounts, (iii) short-term certificates of deposit issued
by a bank, or (iv) short-term securities issued or guaranteed by the U.S.
Government.

         (8) The obligations as Escrow Agent hereunder shall terminate upon the
transfer of all funds held by it following completion of the offering pursuant
to the terms of Paragraph (6) herein.

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         (9)  The Escrow Agent may confer with legal counsel in the event of any
dispute or questions as to the construction of any of the provisions hereof, or
the Agent's duties hereunder, and shall incur no liability and shall be fully
protected in acting in accordance with the opinions and instructions of such
counsel. Any and all expenses and legal fees in this regard will be paid by the
Company.

         (10) In the event of any disagreement between the Company and any other
person resulting in adverse claims and demands being made in connection with any
Subscription Funds involved herein or affected hereby, the Agent shall be
entitled to refuse to comply with any such claims or demands as long as such
disagreement may continue, and in so refusing, shall make no delivery or other
disposition of any Subscription Funds then held under this Agreement, and in so
doing shall be entitled to continue to refrain from acting until (a) the right
of adverse claimants shall have been finally settled by binding arbitration or
finally adjudicated in a court in Pinellas County, Florida assuming and having
jurisdiction of the Subscription Funds involved herein or affected hereby or (b)
all differences shall have been adjusted by agreement and the Agent shall have
been notified in writing of such agreement signed by the parties hereto. In the
event of such disagreement, the Agent may, but need not, tender into the
registry or custody of any court of competent jurisdiction in Pinellas County,
Florida all money or property in the Agent's hands under the terms of this
Agreement, together with such legal proceedings as the Agent deems appropriate
and thereupon to be discharged from all further duties under this Agreement. The
filing of any such legal proceeding shall not deprive the Agent of compensation
earned prior to such filing. The Escrow Agent shall have no obligation to take
any legal action in connection with this Agreement or towards its enforcement,
or to appear in, prosecute or defend any action or legal proceeding which would
or might involve the Agent in any cost, expense, loss or liability unless
indemnification shall be furnished.

         (11) The rights created by this Escrow agreement shall inure to the
benefit of, and the obligations created hereby shall be binding upon the
successors and assigns of the Escrow Agent and the parties hereto.

         (12) This Escrow Agreement shall be construed and enforced according to
the laws of the State of Florida.

         (13) This Escrow Agreement shall terminate and the Escrow Agent shall
be discharged of all responsibility hereunder at such time as the Escrow Agent
shall have completed all duties hereunder.

         (14) This Escrow Agreement may be executed in several counterparts,
which taken together shall constitute a single document.

         (15) This Escrow Agreement constitutes the entire understandingand
agreement of the parties hereto with respect to the transactions described
herein and supersedes all prior agreements or understandings, written or oral,
between the parties with respect thereto.

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     (16) If any provision of this Escrow Agreement is declared by a court of
competent jurisdiction to be invalid, void or unenforceable, the remaining
provisions shall nevertheless continue in full force and effect without being
impaired or invalidated in any way.

     (17) The Company shall provide the Escrow Agent with its Employer
Identification Number as assigned by the Internal Revenue Service. Additionally,
the Company shall complete and return to the Escrow Agent any and all tax forms
or reports required to be maintained or obtained by the Escrow Agent.

     (18) The authorized signature of the Escrow Agent hereto is consent that a
signed copy hereof may be filed with the various regulatory authorities of the
State of Florida and with any Federal Government agencies or regulatory
authorities.

     Executed by the Parties hereto as of the day first written above:

First Community Bank Corporation of America

_____________________________________
By:  Kenneth P. Cherven

First Community Bank Corporation of America

_____________________________________
By:  Kenneth P. Cherven

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