Document:

STOCK REPURCHASE AGREEMENT

          THIS STOCK REPURCHASE AGREEMENT (the "Agreement") is made and entered
into this 2nd day of March, 2005, by and between First American Capital
Corporation, a Kansas corporation ("FACC"), and Brooke Corporation, a Kansas
corporation ("Brooke").

          WHEREAS, Brooke is the owner of four hundred fifty thousand five
hundred (450,500) shares of the common stock of FACC (the "Brooke Shares"),
constituting approximately nine and seven-tenths percent (9.7%) of the issued
and outstanding common stock of FACC (the "Common Stock"); and

          WHEREAS, FACC desires to repurchase the Brooke Shares from Brooke, and
Brooke desires to sell the Brooke Shares to FACC, all on the terms and
conditions set forth herein.

          NOW THEREFORE, in consideration of the mutual promises contained
herein and consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties hereto agree as follows:

                                    ARTICLE I
                      REPURCHASE AND SALE OF BROOKE SHARES

1.1. Repurchase and Sale of Brooke Shares. At the Closing (as defined below) and
subject to the terms and conditions of this Agreement, FACC agrees to repurchase
the Brooke Shares from Brooke, and Brooke agrees to sell, assign, transfer,
convey and deliver the Brooke Shares to FACC, for the consideration specified in
Section 1.2 below. At the Closing, Brooke shall deliver to FACC one or more
certificates representing ownership of all of the Brooke Shares, endorsed in a
form acceptable to FACC to transfer ownership of the Brooke Shares to FACC (the
"Certificate").

1.2. Consideration.

     (a)  At the Closing, FACC agrees to deliver to Brooke:

          (i) Seven Hundred Seventy Thousand Three Hundred Fifty-Five Dollars
($770,355) (the "Purchase Price") by wire delivery of immediately available
funds to an account designated by Brooke prior to the Closing; and

          (ii) warrants, in substantially the form attached hereto as Exhibit A
(the "Warrant"), to purchase up to Fifty Thousand (50,000) shares of Common
Stock at One Dollar and Seventy-One Cents ($1.71) per share, up to an additional
Fifty Thousand (50,000) shares of Common Stock at Three Dollars and Thirty-Five
Cents ($3.35) per share; and up to an additional Fifty Thousand (50,000) shares
of Common Stock at Five Dollars ($5) per share. The Warrant shall be exercisable
anytime after the earlier of the date that is (x) seven (7) years after the date
of this Agreement; or (y) immediately prior to the consummation of a Change of
Control Transaction. As used herein, the term "Change of Control Transaction"
shall mean (i) the purchase or other acquisition (other than from FACC) by any
person, entity or group of persons, within the meaning of Section 13(d) or 14(d)
of the Securities Exchange Act of 1934, as

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amended (the "Exchange Act") (excluding, for this purpose, FACC or any of its
subsidiaries or any employee benefit plan of FACC or its subsidiaries), of
beneficial ownership (within the meaning of Rule 13d-3 promulgated under the
Exchange Act) of a majority of either the then-outstanding shares of Common
Stock of FACC or the combined voting power of FACC's then-outstanding voting
securities entitled to vote generally in the election of directors; (ii) any
merger, reorganization or other consolidation, in each case with respect to
which persons or entities who were shareholders of FACC immediately prior to the
consummation do not, immediately thereafter, own more than a majority of,
respectively, the Common Stock of FACC and the combined voting power entitled to
vote generally in the election of directors of the merged, reorganized or
consolidated entity's then-outstanding voting securities; (iii) the sale of all
or substantially all of the assets of FACC to a person or entity that was not an
"affiliate" (as defined in this Section 1.2(a)(ii)) of FACC immediately prior to
such sale, (iv) a liquidation or dissolution of FACC, or (v) the date upon which
individuals who, as of the Closing, constitute the Board of Directors of FACC
(the "Board" and, as of the date of Closing, the "Incumbent Board") cease for
any reason to constitute at least a majority of the Board, provided that any
person who becomes a director subsequent to the Closing whose election, or
nomination for election by FACC's shareholders, was approved by a vote of at
least a majority of the directors then comprising the Incumbent Board or by
persons whom they have approved for election by the Incumbent Board or by
persons they have so approved (other than an individual whose initial assumption
of office is in connection with an actual or threatened election contest
relating to the election of directors of FACC, as such terms are used in Rule
14a-11 of Regulation 14A promulgated under the Exchange Act) shall be, for
purposes of this item v, considered as though such person was a member of the
Incumbent Board. The Warrant shall expire at the earlier of: (x) ten (10) years
after the date of this Agreement; (y) ten (10) days after Brooke receives notice
by FACC that Brooke is in material breach of the covenants set forth in Article
III of this Agreement and such breach is not cured, within such period; or (z)
the consummation of a Change of Control Transaction. The Warrant shall not be
transferable. For purposes of this Agreement, an "affiliate" of a corporation
means any nonhuman entity directly or indirectly owned and controlled by such
corporation or under common control with such corporation.

1.3. Loan. Contemporaneously with the Closing, Brooke agrees to cause its
affiliate, Brooke Credit Corporation, to loan to FACC the principal amount of
Five Hundred Seventy Thousand, Three Hundred Fifty Five Dollars ($570,355) (the
"Loan"). In connection with the Loan, FACC will execute and deliver the
following documents:

     (a) a Commercial Loan Agreement substantially in the form of Exhibit B
attached hereto (the "Loan Agreement");

     (b) a promissory note substantially in the form of Exhibit C attached
hereto (the "Promissory Note") in the principal amount of the Loan bearing
interest at eight percent (8%) per annum; and

     (c) as security for the Loan and Promissory Note (the "Security Interest"),
a second mortgage, in substantially the form attached hereto as Exhibit D (the
"Second Mortgage"), to Brooke on FACC's real property located at 1303 SW First
American Place, Topeka, Kansas (the "Property").

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1.4. Substitution of Collateral. After Closing and upon thirty (30) days prior
written notice to Brooke, FACC at its sole discretion may elect to substitute
the Second Mortgage with cash equivalents or investment grade securities that
have a market value equal to one hundred percent (100%) of the then unpaid
principal amount of the Promissory Note; provided, that if FACC elects to
replace the Second Mortgage with cash equivalents or investment grade
securities, FACC shall execute (i) a Commercial Security Agreement, in
substantially the form attached hereto as Exhibit E; and (ii) a Control
Agreement, in substantially the form attached hereto as Exhibit F.

                                   ARTICLE II
                           ACKNOWLEDGEMENT AND RELEASE

2.1. Access to Information. Brooke has received all publicly available
information and certain nonpublic information about the business and financial
condition of FACC and has had full opportunity to ask and have answered any and
all questions that it has that it deems relevant to the value of the Brooke
Shares.

2.2. Confidentiality Agreement. Brooke and FACC acknowledge that they continue
to be bound by the terms of that certain confidentiality agreement between
Brooke and FACC, dated November 26, 2003 (the "Confidentiality Agreement") and
will continue to be bound by such Confidentiality Agreement for a period of two
(2) years after the Closing Date.

2.3. Release by Brooke. Brooke and its affiliates, officers, and directors (the
"Brooke Parties"), in consideration of the payments made to Brooke pursuant to
Article I, agree to forever release and discharge FACC and its subsidiaries and
the former, current, or future officers, employees, directors, attorneys,
agents, representatives, fiduciaries, attorneys, shareholders, insurers,
predecessors, parents, affiliates, and benefit plans of FACC or its subsidiaries
(the "FACC Released Parties") and the heirs, successors and assigns of the FACC
Released Parties from any and all claims, liabilities, causes of action,
damages, losses, demands or obligations of every kind or nature, whether now
known or unknown, suspected or unsuspected, which the Brooke Parties ever had,
now have, or hereafter can, shall, or may have for, upon or by reason of any
act, transaction, practice, conduct, matter, cause, or thing of any kind
whatsoever, relating to or based upon, in whole or in part, any act,
transaction, practice or conduct prior to the date hereof, including but not
limited to, claims arising from all debts, obligations, claims, demands, dues,
sums of money, accounts, covenants, contracts, controversies, agreements,
promises, variances, trespasses, losses, earnings, costs, expenses, injuries,
judgments, extents, executions or causes of action of any kind whatsoever, known
or unknown, in tort, contract, by statute or on any other basis, for equitable
relief, compensatory, punitive or other damages, expenses (including attorneys'
fees), reimbursement of costs of any kind, including, but not limited to, any
and all claims, demands, rights and/or causes of action, which might arise out
allegations relating to the Brooke Shares or the Common Stock. The foregoing
release shall not affect, release or terminate any of the obligations of any of
the FACC Released Parties under this Stock Repurchase Agreement or under any
agreements, notes, mortgages or other documents related to the Loan.

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2.4. Release by FACC. FACC and its affiliates, officers and directors (the "FACC
Parties") in consideration of the acknowledgements and covenants made by Brooke
pursuant to Sections 2.1 and 2.2 and Article III, agree to forever release and
discharge Brooke and its subsidiaries and the former, current, or future
officers, employees, directors, attorneys, agents, representatives, fiduciaries,
attorneys, shareholders, insurers, predecessors, parents, affiliates, and
benefit plans of Brooke or its subsidiaries (the "Brooke Released Parties") and
the heirs, successors and assigns of the Brooke Released Parties from any and
all claims, liabilities, causes of action, damages, losses, demands or
obligations of every kind or nature, whether now known or unknown, suspected or
unsuspected, which the FACC Parties ever had, now have, or hereafter can, shall,
or may have for, upon or by reason of any act, transaction, practice, conduct,
matter, cause, or thing of any kind whatsoever, relating to or based upon, in
whole or in part, any act, transaction, practice or conduct prior to the date
hereof, including but not limited to, claims arising from all debts,
obligations, claims, demands, dues, sums of money, accounts, covenants,
contracts, controversies, agreements, promises, variances, trespasses, losses,
earnings, costs, expenses, injuries, judgments, extents, executions or causes of
action of any kind whatsoever, known or unknown, in tort, contract, by statute
or on any other basis, for equitable relief, compensatory, punitive or other
damages, expenses (including attorneys' fees), reimbursement of costs of any
kind, including, but not limited to, any and all claims, demands, rights and/or
causes of action, which might arise out allegations relating to the Brooke
Shares or the Common Stock. The foregoing release shall not affect, release or
terminate any of the obligations of any of the Brooke Released Parties under
this Stock Purchase Agreement or under any agreements or notes related to the
Loan.

                                   ARTICLE III
                                    COVENANTS

3.1. Negative Covenants. Brooke hereby agrees that for a period of five (5)
years after the date of this Agreement, the Brooke Parties shall not, directly
or indirectly:

     (a) Purchase, own or hold any legal or beneficial interest in any
securities of FACC or its affiliates other than the Promissory Note, the
Security Interest therefor, the Warrant and the Common Stock purchased in
accordance with the Warrant;

     (b) Solicit offers to sell or make any offers to purchase any securities of
FACC or its affiliates;

     (c) Solicit proxies or in any way participate in any proxy contest or other
effort to take control of FACC or its affiliates; and

     (d) Assist, encourage, consult with, provide or loan money or other assets
to, or otherwise in any way facilitate any person or entity in doing anything
that would be prohibited by this Article III if such person or entity had made
such covenants.

     (e) Participate in any "group" as defined under Section 13D of the
Securities Exchange Act of 1934, as amended, to do anything prohibited by this
Article III if any person in such group had made such covenants.

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3.2. No Public Statements. Brooke agrees that for a period of five (5) years
after the date of this Agreement, neither it nor any of the other Brooke Parties
will make any press releases or other public statements or statements to any
other entities or any persons who are not employees, officers, or directors of
Brooke regarding the Brooke Shares, the Common Stock, or the subjects of or
terms of this Agreement, except as required by applicable law and except with
respect to a press release announcing this stock repurchase transaction. FACC
agrees that for a period of five (5) years after the date of this Agreement, it
will not make any press releases or other public statements regarding the Brooke
Shares or the subjects of or terms of this Agreement except as required by
applicable law and except with respect to a press release announcing this stock
repurchase transaction. The text of the press releases announcing this stock
repurchase transaction and the requisite securities filings agreed to by FACC
and Brooke are attached hereto as Exhibit G and Exhibit H. Brooke and FACC agree
to consult with each other a reasonable time prior to issuing any press releases
authorized hereunder or making any filings pursuant to the Exchange Act or the
Securities Act of 1933 as required by applicable law regarding the Brooke
Shares, the Common Stock, or the subjects of or terms of this Agreement, and to
use reasonable good faith efforts to agree on the text of such releases or
statements, which agreement shall not be unreasonably withheld and which release
or statements shall in any event be accurate and nondisparaging.

3.3. Communications to FACC Shareholders. Until the earlier of: (i) five (5)
years after the date of this Agreement, or (ii) the date on which the Warrant is
first exercised, Brooke agrees that none of the Brooke Parties shall communicate
directly or indirectly in any way with the FACC shareholders or to any person or
entity regarding FACC; provided, that Brooke may communicate directly with FACC
officers and/or directors who are also FACC shareholders concerning matters that
directly relate to the exercise of the Warrant, this Agreement, the Loan or any
future agreements entered into pursuant to Section 3.5 below. Without limiting
the foregoing, Brooke agrees to immediately dismantle and remove the Internet
web site known as "morefaccvalue.com" and that no Brooke Released Party shall
publish, create, sponsor, or directly or indirectly participate in any web site,
instant messaging boards, or similar electronic resources now known or yet to be
discovered, in any manner that directly or indirectly refers to FACC.

3.4. Voting of Common Stock. Brooke agrees that it will vote any voting
securities of FACC acquired pursuant to the exercise of the Warrant in favor of
any Change of Control Transaction that has been approved by the Board of
Directors of FACC.

3.5. Future Agreements. Brooke and FACC agree to comply with the terms of any
agreements that Brooke and FACC may enter into which require Brooke and FACC to
cooperate on business matters on a mutually agreeable basis.

3.6. General. Upon the terms and subject to the conditions set forth in this
Agreement, each of the parties hereto shall act in good faith and use
commercially reasonable efforts to take, or cause to be taken, all appropriate
action, and to do, or cause to be done, and to assist and cooperate with the
other party in doing, all things necessary, proper, or advisable to consummate
the transactions contemplated hereby.

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                                   ARTICLE IV
                    REPRESENTATIONS AND WARRANTIES OF BROOKE

           Brooke hereby represents and warrants to FACC as follows:

4.1. Corporate Organization. Brooke is a corporation duly organized, validly
existing and in good standing under the laws of the State of Kansas.

4.2. Consents and Authorization. Brooke has full power and authority to execute
and deliver this Agreement and to consummate the transactions contemplated
hereby. This Agreement and the transactions contemplated hereby have been duly
authorized by all necessary corporate action of Brooke as of the date hereof.
This Agreement constitutes the valid and legally binding obligations of Brooke,
enforceable in accordance with its terms and conditions.

4.3. Litigation. There is no suit, action, investigation or proceeding pending,
or to Brooke's knowledge threatened, against Brooke which would adversely affect
Brooke's ability to execute and deliver this Agreement or fulfill its
obligations thereunder or any of the transactions contemplated hereby.

4.4. No Violation. Brooke is not subject to or obligated under any articles of
incorporation, bylaw, law or any agreement or instrument, or any license,
franchise or permit, which would be breached or violated by Brooke's execution,
delivery and performance of this Agreement. Brooke will comply with all
applicable laws in connection with its execution, delivery and performance of
this Agreement and the consummation of the transactions contemplated hereby.

4.5. Title and Related Matters. Brooke has good and marketable title to the
Brooke Shares, free and clear of any lien, encumbrance, mortgage, pledge, charge
or any other security interest. The Brooke Shares are not subject to any
agreements with respect to the voting ownership, or transfer thereof, any
options with respect thereto, or any restrictions on the transfer thereof.

4.6. Brooke Shares. The Brooke Shares constitute all of the Common Stock owned
by Brooke and its affiliates, officers or directors, either directly or
indirectly. Except with respect to the Warrant, Brooke and its affiliates,
officers and directors do not have any other contractual or legal rights related
to the Common Stock, including but not limited to, options or warrants.

                                    ARTICLE V
                     REPRESENTATIONS AND WARRANTIES OF FACC

            FACC hereby represents and warrants to Brooke as follows:

5.1. Corporate Organization. FACC is a corporation duly organized, validly
existing and in good standing under the laws of the State of Kansas.

5.2. Consents and Authorization. FACC has full power and authority to execute
and deliver this Agreement and to consummate the transactions contemplated
hereby. This Agreement and the transactions contemplated hereby have been duly
authorized by all necessary corporate action

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of FACC as of the date hereof. This Agreement constitutes the valid and legally
binding obligations of FACC, enforceable in accordance with its terms and
conditions.

5.3. Litigation. There is no suit, action, investigation or proceeding pending,
or to FACC's knowledge threatened, against FACC which would adversely affect
FACC's ability to execute and deliver this Agreement or fulfill its obligations
hereunder or any of the transactions contemplated hereby.

5.4. No Violation. FACC is not subject to or obligated under any articles of
incorporation, bylaw, law or any agreement or instrument, or any license,
franchise or permit, which would be breached or violated by FACC's execution,
delivery and performance of this Agreement. FACC will comply with all applicable
laws in connection with its execution, delivery and performance of this
Agreement and the consummation of the transactions contemplated hereby.

                                   ARTICLE VI
                     CONDITIONS TO THE OBLIGATIONS OF BROOKE

          All obligations of Brooke hereunder are subject to the fulfillment,
prior to or at the Closing, of each of the following conditions, unless any such
condition is waived in writing by Brooke:

6.1. Representations and Warranties; Performance. The representations and
warranties made by FACC herein shall be true and correct as of the date of this
Agreement and as of the Closing Date with the same effect as though made on such
date. FACC shall have performed and complied with all agreements, covenants, and
conditions required by this Agreement to be performed and complied with by it at
or prior to the Closing.

6.2. No Proceeding or Litigation. No action, suit or proceeding before any court
or any governmental or regulatory authority shall have been commenced or
threatened by any unaffiliated stockholders of Brooke, and no investigation by
any governmental or regulatory authority shall have been commenced or threatened
against Brooke or any of its principals, officers, directors or managers seeking
to restrain, prevent or change the transactions contemplated hereby or
questioning the validity or legality of this Agreement or the transactions
contemplated hereby or seeking damages in connection with this Agreement or the
transactions contemplated hereby.

6.3. Deliveries. FACC shall have delivered or caused to be delivered to Brooke
all documents, instruments, bills of sale, assignments, and writings required to
be delivered to Brooke at the Closing, as set forth in Section 8.2(b) below, or
as reasonably requested by Brooke in connection herewith.

                                   ARTICLE VII
                      CONDITIONS TO THE OBLIGATIONS OF FACC

          All obligations of FACC hereunder are subject to the fulfillment,
prior to or at the Closing, of each of the following conditions, unless any such
condition is waived in writing by FACC:

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7.1. Representations and Warranties; Performance. The representations and
warranties made by Brooke herein shall be true and correct as of the date of
this Agreement and as of the Closing Date with the same effect as though made on
such date. Brooke shall have performed and complied with all agreements,
covenants, and conditions required by this Agreement to be performed and
complied with by it prior to the Closing.

7.2. No Proceeding or Litigation. No action, suit or proceeding before any court
or any governmental or regulatory authority shall have been commenced or
threatened by any unaffiliated stockholders of FACC, and no investigation by any
governmental or regulatory authority shall have been commenced or threatened
against FACC or any of its principals, officers, directors or managers seeking
to restrain, prevent or change the transactions contemplated hereby or
questioning the validity or legality of this Agreement or the transactions
contemplated hereby or seeking damages in connection with this Agreement or the
transactions contemplated hereby.

7.3. Deliveries. Brooke shall have delivered or caused to be delivered to FACC
all documents, instruments, bills of sale, assignments, and writings required to
be delivered to FACC at the Closing, as set forth in Section 8.2(a) below, or as
reasonably requested by FACC in connection herewith.

                                  ARTICLE VIII
                                     CLOSING

8.1. Closing. Unless terminated in accordance herewith, the closing of this
Agreement (the "Closing") shall take place on March 2, 2005 (the "Closing
Date"), or on such other date as may be mutually agreed upon by the parties
hereto in writing at such place or places as the parties may designate.

8.2. Deliveries at Closing.

     (a) At the Closing, Brooke shall deliver or cause to be delivered to FACC:

          (i) the Certificate;

          (ii) evidence satisfactory to FACC, in its reasonable discretion, that
all necessary corporate action has been taken to perform this Agreement and the
transactions contemplated hereby; and

          (iii) a certificate signed by the chief executive officer of Brooke,
dated as of the Closing Date, certifying to the matters set forth in Section 7.1
above and to Brooke's performance and compliance with the other conditions
contained herein.

     (b) At the Closing, FACC shall deliver or cause to be delivered to Brooke:

          (i) the Purchase Price;

          (ii) the Warrants;

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          (iii) the Loan Agreement, the Promissory Note and the Second Mortgage
accompanied by an independent appraisal; and

          (iv) a certificate signed by the president of FACC, dated as of the
Closing, certifying to the matters forth in Section 6.1 above and to FACC's
performance and compliance with the other conditions contained herein.

                                   ARTICLE IX
                                   TERMINATION

9.1. Events of Termination. This Agreement may be terminated and the
transactions contemplated hereby abandoned at any time prior to the Closing:

     (a) By mutual written consent of Brooke and FACC; or

     (b) By either Brooke or FACC if the Closing does not occur on or before the
Closing Date.

9.2. Effect of Termination. In the event of termination pursuant to Section 9.1
above,

     (a) Each party will upon request return all documents and other materials
of the other party relating to the transactions contemplated hereby, whether so
obtained before or after the execution hereof, to the party furnishing the same;

     (b) Neither party shall have any liability or further obligation to the
other party to this Agreement; and

     (c) Each party shall bear its own expenses.

                                    ARTICLE X
                                 INDEMNIFICATION

10.1. Indemnification by Brooke. Brooke agrees to indemnify each of the FACC
Parties against any loss, damage, or expense (including, but not limited, to
reasonable attorneys' fees) ("Damages"), incurred or sustained by any of the
FACC Parties as a result of (i) any breach of any term, provision, covenant or
agreement contained in this Agreement by any of the Brooke Released Parties, as
if they expressly made such covenants, except for any breach that is waived by
FACC in accordance with Section 11.2 below; (ii) any inaccuracy in any of the
representations or warranties made by Brooke in this Agreement; or (iii) any
inaccuracy or misrepresentation in any certificate or other document or
instrument delivered by Brooke in accordance with any provision of this
Agreement. With respect to any specific breach, inaccuracy or misrepresentation
specified in any of items (i), (ii) or (iii) above, nothing in this Section 10.1
shall obligate Brooke to indemnify any FACC Party which was not the FACC Party
that incurred or sustained any loss, damage or expense as a result thereof.

10.2. Indemnification by FACC. FACC agrees to indemnify each of the Brooke
Parties against any Damages, incurred or sustained by any of the Brooke Parties
as a result of (i) any breach of

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any term, provision, covenant or agreement contained in this Agreement by the
FACC Released Parties, as if they expressly made such covenants, except for any
breach that is waived by Brooke in accordance with Section 11.2 below; (ii) any
inaccuracy in any of the representations or warranties made by FACC in this
Agreement; or (iii) any inaccuracy or misrepresentation in any certificate or
other document or instrument delivered by FACC in accordance with any provision
of this Agreement. With respect to any specific breach, inaccuracy or
misrepresentation specified in any of items (i), (ii) or (iii) above, nothing in
this Section 10.2 shall obligate FACC to indemnify any Brook Party which was not
the Brooke Party that incurred or sustained any loss, damage or expense as a
result thereof.

10.3. Notice of Damages. In the event that either party (the "Indemnified
Party") shall be entitled to claim a right to indemnification pursuant to this
Article X, such Indemnified Party shall give written notice to the other party
(the "Indemnifying Party") stating specifically the basis for the claim for
Damages and the amount thereof.

                                   ARTICLE XI
                            MISCELLANEOUS PROVISIONS

11.1. Amendment and Modification. Subject to applicable law, this Agreement may
be amended, modified and supplemented only by a written agreement executed on
behalf of each of Brooke and FACC.

11.2. Waiver of Compliance; Consents. Any failure of Brooke on the one hand, or
FACC on the other hand, to comply with any obligation, covenant, agreement or
condition herein may be waived in writing by Brooke or FACC, respectively, but
such waiver or failure to insist upon strict compliance with such obligation,
covenant, agreement or condition shall not operate as a waiver of, or estoppel
with respect to, any subsequent or other failure. Whenever this Agreement
requires or permits consent by or on behalf of any party hereto, such consent
shall be given in writing in a manner consistent with the requirements for a
waiver of compliance as set forth in this Section 11.2.

11.3. Specific Performance. Each of the parties hereto acknowledges that a
breach by it of any provision contained in this Agreement will cause the other
party to sustain damage for which it would not have an adequate remedy at law
for money damages, and therefore each of the parties hereto agrees that in the
event of any such breach, the aggrieved party shall be entitled to the remedy of
specific performance of such agreement and injunctive and other equitable relief
in addition to any other remedy to which it may be entitled, at law or in
equity.

11.4. Expenses. Each party will pay its own legal, accounting and other expenses
incurred by such party or on its behalf in connection with this Agreement and
the transactions contemplated herein.

11.5. Notices. Any notice, request, consent or communication (collectively, a
"Notice") under this Agreement shall be effective only if it is in writing and
(i) personally delivered, (ii) sent by certified or registered mail, return
receipt requested, postage prepaid, (iii) sent by a nationally

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recognized overnight delivery service, with delivery confirmed, or (iv)
telecopied, with receipt confirmed, addressed as follows:

          (a)  If to Brooke, to:

          Brooke Corporation
          10950 Grandview Drive, Suite 600
          Overland Park, Kansas 66210
          Attention: Anita Larson
          Telephone: (913) 661-0123
          Facsimile: (913) 339-6328

          with a copy to:

          James H. Ingraham, Esq.
          Brooke Corporation
          10950 Grandview Drive, Suite 600
          Overland Park, Kansas 66210
          Telephone: (913) 661-0123
          Facsimile: (913) 339-6328

          (b)  If to FACC, to:

          First American Capital Corporation
          1303 SW First American Place
          Topeka, Kansas 66604
          Attention: John F. Van Engelen
          Telephone: (785) 267-7077
          Facsimile: (785) 267-7079

          with a copy to:

          Kevin R. Sweeney, Esq.
          Sonnenschein Nath & Rosenthal LLP
          4520 Main Street, Suite 1100
          Kansas City, Missouri 64111
          Telephone: (816) 460-2400
          Facsimile: (816) 531-7545

or such other persons or addresses as shall be furnished in writing by any party
to the other party. A Notice shall be deemed to have been given as of the date
when (i) personally delivered, (ii) five (5) days after the date when deposited
with the United States mail properly addressed, (iii) when receipt of a Notice
sent by an overnight delivery service is confirmed by such overnight delivery
service, or (iv) when receipt of the telecopy is confirmed, as the case may be,
unless the sending party has actual knowledge that a Notice was not received by
the intended recipient.

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11.6. Assignment. This Agreement and all of the provisions hereof shall be
binding upon and inure to the benefit of the parties hereto and their respective
heirs, successors and permitted assigns. No assignment of this Agreement or of
any rights or obligations hereunder may be made by either party (by operation of
law or otherwise) without the prior written consent of the other and any
attempted assignment without the required consent shall be void.

11.7. Governing Law. This Agreement shall be governed by the laws of the State
of Kansas without giving effect to any choice or conflict of law provision or
rule (either of the State of Kansas or any other jurisdiction ) that would cause
the application of the laws of any jurisdiction other than the State of Kansas.

11.8. Dispute Resolution.

     (a) Any dispute arising under or relating to this Agreement shall be
settled by arbitration conducted in Kansas City, Missouri before a single
arbitrator selected by Brooke and FACC which, except as otherwise provided
herein, shall be in accordance with the rules and procedures of the American
Arbitration Association then in effect with respect to commercial disputes. If
Brooke and FACC cannot mutually agree upon an individual to serve as arbitrator,
then the arbitrator shall be selected by the American Arbitration Association.
Each party shall bear its own expenses (including without limitation, the fees
and expenses of legal counsel and accountants) in connection with such
arbitration, and Brooke and FACC shall each bear one-half (1/2) of the
arbitrator's fees and expenses.

     (b) The provisions of this Section 11.8 shall survive any expiration or
termination of this Agreement, and shall be severable and binding on the parties
hereto, notwithstanding that any other provision of this Agreement may be held
or declared to be invalid, illegal or enforceable.

11.9. Counterparts. This Agreement may be executed in two or more counterparts,
each of which shall be deemed an original, but all of which together shall
constitute one and the same instrument.

11.10. Neutral Interpretation. This Agreement constitutes the product of the
negotiation of the parties hereto and the enforcement hereof shall be
interpreted in a neutral manner, and not more strongly for or against any party
based upon the source of the draftsmanship hereof.

11.11. Headings. The article and section headings contained in this Agreement
are for reference purposes only and shall not affect in any way the meaning or
interpretation of this Agreement.

11.12. Entire Agreement. This Agreement, which term as used throughout includes
the Exhibits hereto, embodies the entire agreement and understanding of the
parties hereto in respect of the subject matter contained herein. There are no
restrictions, promises, representations, warranties, covenants or undertakings
other than those expressly set forth or referred to herein. This Agreement
supersedes all prior agreements and understandings between the parties with
respect to such subject matter.

                                      -12-                     Execution Version
<PAGE>
          IN WITNESS WHEREOF, the parties hereto have entered into this
Agreement as of the date first hereinabove set forth.

                                BROOKE CORPORATION

                                By: /s/ Robert D. Orr
                                    --------------------------------------------
                                    Name: Robert D. Orr
                                    Title: Chief Executive Officer

                                FIRST AMERICAN CAPITAL CORPORATION

                                By: /s/ John F. Van Engelen
                                    --------------------------------------------
                                    Name: John F. Van Engelen
                                    Title: President and Chief Executive Officer

                                      -13-                     Execution Version
<PAGE>THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS WARRANT
          HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
          (THE "ACT"), OR ANY APPLICABLE STATE SECURITIES LAWS. THEY MAY NOT BE
          SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN
          EFFECTIVE REGISTRATION STATEMENT AS TO SUCH SECURITIES UNDER THE ACT
          OR ANY APPLICABLE STATE SECURITIES LAWS OR AN EXEMPTION THEREFROM. THE
          WARRANT EVIDENCED HEREBY IS NOT TRANSFERABLE.

                                                                   March 2, 2005

                       FIRST AMERICAN CAPITAL CORPORATION
                                     WARRANT

     FIRST AMERICAN CAPITAL CORPORATION, a Kansas corporation (the "Company"),
for value received, hereby certifies that Brooke Corporation, a Kansas
corporation (the "Holder"), is entitled to purchase from the Company, at any
time or from time to time during the period specified in Section 2 hereof, up to
50,000 fully paid and nonassessable shares of Common Stock, par value $0.10, of
the Company (the "Common Stock"), at an exercise price equal to $1.71 per share
(the "Exercise Price"), subject to the other terms herein. As used herein, the
term "Warrant Shares" means the shares of Common Stock issuable upon exercise of
this Warrant (the "Warrant").

     1. MANNER OF EXERCISE; ISSUANCE OF CERTIFICATES; PAYMENT FOR SHARES.
Subject to the provisions hereof, this Warrant may be exercised by the Holder,
in whole or in part, by the surrender of this Warrant, together with a completed
exercise agreement in the form attached hereto (the "Exercise Agreement"), to
the Company during normal business hours on any business day at the Company's
principal executive offices (or such other office or agency of the Company as it
may designate by notice to the Holder), and upon payment to the Company in cash,
by certified or official bank check or by wire transfer to an account specified
by the Company of the Exercise Price for the Warrant Shares specified in the
Exercise Agreement. The Warrant Shares so purchased shall be deemed to be issued
to the Holder, as the record owner of such shares, as of the close of business
on the date on which this Warrant shall have been surrendered, the completed
Exercise Agreement shall have been delivered, and payment shall have been made
for such shares as set forth above. Certificates for the Warrant Shares so
purchased, representing the aggregate number of shares specified in the Exercise
Agreement, shall be delivered to the Holder within five business days after this
Warrant shall have been so exercised. All certificates representing Warrant
Shares that have not been registered with the Securities and Exchange Commission
shall bear the following legend, in addition to any other legend required by
applicable law or otherwise:
<PAGE>
          THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
          REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"),
          OR UNDER ANY APPLICABLE STATE SECURITIES LAWS. THEY MAY NOT BE SOLD,
          OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN
          EFFECTIVE REGISTRATION STATEMENT AS TO SUCH SECURITIES UNDER THE ACT
          OR ANY APPLICABLE STATE SECURITY LAWS OR AN EXEMPTION THEREFROM.

The certificates so delivered shall be in such denominations as may be requested
by the Holder and shall be registered in the name of the Holder. In the event
this Warrant is exercised in part, the Company shall also deliver a new Warrant
to the Holder, which Warrant shall be identical to this Warrant, except that the
number of Warrant Shares exercisable therefor shall be decreased by the number
of Warrant Shares so purchased.

     2. PERIOD OF EXERCISE. This Warrant is exercisable at any time during the
following periods (the "Exercise Period"):

          (A)  at or after the earlier of:

               (1)  March 2, 2012; or

               (2)  the time that is immediately prior to the consummation of a
                    Change of Control Transaction (as defined in Section 3(d)
                    below) so long as the Company has delivered written notice
                    of such Change of Control Transaction as provided by the
                    Company to Holder pursuant to Section 3(d) below; and

          (B)  before the earlier of:

               (1)  5:00 p.m. central time on March 2, 2015;

               (2)  the date that is 10 days after Holder receives notice by the
                    Company that Holder is in material breach of the covenants
                    set forth in Article III of that certain Stock Repurchase
                    Agreement, dated March 2, 2005, if such breach is not cured
                    in full to the reasonable satisfaction of the Company within
                    such period; or

               (3)  the consummation of a Change of Control Transaction.

     3. CERTAIN AGREEMENTS OF THE COMPANY. The Company covenants as follows:

          (A) SHARES TO BE FULLY PAID. All Warrant Shares shall, upon issuance
in accordance with the terms of this Warrant, be validly issued, fully paid, and
nonassessable and free from all taxes, liens, and charges with respect to the
issue thereof.

                                       -2-
<PAGE>
          (B) RESERVATION OF SHARES. During the Exercise Period, the Company
shall at all times have authorized, and reserved for the purpose of issuance
upon exercise of this Warrant, a sufficient number of shares of Common Stock to
provide for the exercise of this Warrant.

          (C) CERTAIN ACTIONS PROHIBITED. The Company shall not, by amendment of
its articles of incorporation or through any reorganization, transfer of assets,
consolidation, merger, dissolution, issue or sale of securities, or any other
voluntary action, avoid or seek to avoid the observance or performance of any of
the terms to be observed or performed by it hereunder, but shall at all times in
good faith assist in the carrying out of all the provisions of this Warrant and
in the taking of all such action as may reasonably be requested by the holder of
this Warrant in order to protect the exercise privilege of the holder of this
Warrant against impairment, consistent with the tenor and purpose of this
Warrant. Without limiting the generality of the foregoing, the Company shall
take all such actions as may be necessary or appropriate in order that the
Company may validly and legally issue fully paid and nonassessable shares of
Common Stock upon the exercise of this Warrant.

          (D) CHANGE OF CONTROL TRANSACTION. At least 20 calendar days prior to
the consummation of a Change of Control Transaction, the Company agrees to give
Holder written notice of such Change of Control Transaction. As used herein, the
term "Change of Control Transaction" shall mean (i) the purchase or other
acquisition (other than from the Company) by any person, entity or group of
persons, within the meaning of Section 13(d) or 14(d) of the Securities Exchange
Act of 1934, as amended (the "Exchange Act") (excluding, for this purpose, the
Company or any of its subsidiaries or any employee benefit plan of the Company
or its subsidiaries), of beneficial ownership (within the meaning of Rule 13d-3
promulgated under the Exchange Act) of a majority of either the then-outstanding
shares of Common Stock or the combined voting power of the Company's
then-outstanding voting securities entitled to vote generally in the election of
directors; (ii) any merger, reorganization or other consolidation, in each case
with respect to which persons or entities who were shareholders of the Company
immediately prior to the consummation do not, immediately thereafter, own more
than a majority of, respectively, the Common Stock and the combined voting power
entitled to vote generally in the election of directors of the merged,
reorganized or consolidated entity's then-outstanding voting securities; (iii)
the sale of all or substantially all of the assets of the Company to a person or
entity that was not an "affiliate" (as defined in this Section 3(d)) of the
Company immediately prior to such sale, (iv) a liquidation or dissolution of the
Company, or (v) the date upon which individuals who, as of the date hereof,
constitute the Board of Directors of the Company (the "Board" and, as of the
date hereof, the "Incumbent Board") cease for any reason to constitute at least
a majority of the Board, provided that any person who becomes a director
subsequent to the date hereof whose election, or nomination for election by the
Company's shareholders, was approved by a vote of at least a majority of the
directors then comprising the Incumbent Board or by persons whom they have
approved for election by the Incumbent Board or by persons they have so approved
(other than an individual whose initial assumption of office is in connection
with an actual or threatened election contest relating to the election of
directors of the Company, as such terms are used in Rule 14a-11 of Regulation
14A promulgated under the Exchange Act) shall be, for purposes of this Section
3(d)(v), considered as though such person was a member of the Incumbent Board.
For purposes of this Warrant, an "affiliate" of a corporation means any nonhuman
entity directly or indirectly owned and controlled by such corporation or under
common control with such corporation.

                                       -3-
<PAGE>
          (E) ADJUSTMENTS FOR CHANGES IN COMMON STOCK. The Exercise Price and
the number and type of Warrant Shares issuable upon exercise of this Warrant
shall be appropriately and proportionately adjusted to reflect any stock
dividend, stock split, combination of shares, reclassification,
recapitalization, any corporate reorganization (other than a reorganization
resulting in a Change of Control) or other similar event affecting the number or
character of outstanding Warrant Shares, so that the number and type of
securities issuable upon exercise of this Warrant shall be equal to that which
would have been issuable with respect to the number of Warrant Shares subject
hereto at the time of such event, had such Warrant Shares then been outstanding.
In each case of an adjustment in the Exercise Price or in the shares of Common
Stock or other stock, securities or other property receivable on the exercise of
this Warrant, the Company, at its expense, shall compute such adjustment in
accordance with the terms of this Warrant and promptly prepare and deliver to
Holder a certificate setting forth such adjustment and showing in detail the
facts upon which the adjustment is based. The Company shall provide notice to
the Holder of any event specified in this Section 3(e) that shall result in one
or more appropriate adjustments hereunder not less than ten (10) days prior to
the earlier of (i) any record date for the purpose of determining entitlements
to receive any dividend, other distribution, rights to subscribe for any
purchase of shares of stock of any class or any other securities, or any other
rights related to the event, or (ii) the date on which the event is to take
place.

     4. ISSUE TAX. The issuance of certificates for Warrant Shares upon the
exercise of this Warrant shall be made without charge to the holder of this
Warrant or such shares for any issuance tax or other costs in respect thereof;
provided that the holder shall pay all transfer taxes owed upon the issuance of
such shares in the name of any person or entity designated by the holder.

     5. NO RIGHTS AS A STOCKHOLDER. This Warrant shall not entitle Holder to any
rights of a stockholder of the Company, including, without limitation, the right
to vote, to consent, to exercise any preemptive right, to receive any notice of
meetings of stockholders for the election of directors of the Company or any
other matter or to receive any notice of any proceedings of the Company, except
as may be specifically provided for herein.

     6. TRANSFER, EXCHANGE, AND REPLACEMENT OF WARRANT; RESALE OF WARRANT
SHARES.

          (A) RESTRICTION ON TRANSFER. This Warrant (including any replacement
Warrant) may not be sold, transferred, assigned or otherwise disposed of, except
for the exercise of this Warrant in accordance with its terms. Holder shall be
bound by the transfer restrictions contained herein.

          (B) REPLACEMENT OF WARRANT AND CANCELLATION. Upon receipt of evidence
reasonably satisfactory to the Company of the loss, theft, destruction, or
mutilation of this Warrant and, in the case of any such loss, theft, or
destruction, upon delivery of an indemnity agreement reasonably satisfactory in
form and amount to the Company, or, in the case of any such mutilation, upon
surrender and cancellation of this Warrant, the Company, at its expense, shall
execute and deliver, in lieu thereof, a new Warrant of like tenor. Upon the
surrender of this Warrant in connection with any replacement as provided in this
Section 6, this Warrant shall be promptly cancelled by the Company.

                                       -4-
<PAGE>
          (C) REGISTER. The Company shall maintain, at its principal executive
offices (or such other office or agency of the Company as it may designate by
notice to the holder hereof), a register for this Warrant, in which the Company
shall record the name and address of the person in whose name this Warrant has
been issued.

     7. NOTICES. All notices, requests, and other communications required or
permitted to be given or delivered hereunder to Holder shall be in writing, and
shall be personally delivered, or shall be sent by certified or registered mail
or by recognized overnight mail courier, postage prepaid and addressed, to
Brooke Corporation, 10950 Grandview Drive, Suite 600, Overland Park, Kansas
66210, Attention: Anita Larson, or at such other address as Holder shall have
furnished to the Company. All notices, requests and other communications
required or permitted to be given or delivered hereunder to the Company shall be
in writing, and shall be personally delivered, or shall be sent by certified or
registered mail or by recognized overnight mail courier, postage prepaid and
addressed, to First American Capital Corporation, 1303 SW First American Place,
Topeka, Kansas 66604, Attention: John F. Van Engelen, or to such other address
as the Company shall have furnished to the Holder. Any such notice, request or
other communication may be sent by facsimile, but shall in such case be
subsequently confirmed by a writing personally delivered or sent by certified or
registered mail or by recognized overnight mail courier as provided above. All
notices, requests and other communications shall be deemed to have been given
either at the time of the receipt thereof at the address specified in this
Section 7.

     8. GOVERNING LAW. THIS WARRANT SHALL BE GOVERNED BY AND CONSTRUED AND
ENFORCED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF KANSAS WITHOUT
REGARD TO ITS OR ANY OTHER JURISDICTION'S CONFLICTS OF LAW.

     9. MISCELLANEOUS.

          (A) AMENDMENTS. This Warrant may only be amended by an instrument in
writing signed by the Company and the Holder.

          (B) HEADINGS. The headings of the sections and paragraphs of this
Warrant are for reference purposes only, and shall not affect the meaning or
construction of any of the provisions hereof.

     IN WITNESS WHEREOF, the Company has caused this Warrant to be signed by its
duly authorized officer.

                                      FIRST AMERICAN CAPITAL CORPORATION

                                      By: /s/ John F. Van Engelen
                                          --------------------------------------
                                          John F. Van Engelen
                                          President and Chief Executive Officer

                                       -5-
<PAGE>
                           FORM OF EXERCISE AGREEMENT

                                                      Dated: _____________, 20__

To: First American Capital Corporation

     The undersigned, pursuant to the provisions set forth in the within
Warrant, hereby agrees to purchase _________ shares of Common Stock covered by
such Warrant, and makes payment herewith in full therefor at the price per share
provided by such Warrant in cash or by certified or official bank check or by
wire transfer to an account specified by First American Capital Corporation in
the amount of $__________. Please issue a certificate or certificates for such
shares of Common Stock in the name of and pay any cash for any factional share
to Brooke Corporation.

                                      BROOKE CORPORATION

                                      By:
                                          --------------------------------------
                                          Name:
                                          Title:

                                       -6-
<PAGE>

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