Document:

AMENDED AND RESTATED TRUST AGREEMENT

                  OF FREEDOM FINANCIAL GROUP I STATUTORY TRUST

                                      among

                         FREEDOM FINANCIAL GROUP, INC.,

                         CHRISTIANA BANK & TRUST COMPANY

                               as Delaware Trustee

                                       and

                                 VERN SCHWEIGERT

                               as Regular Trustee

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1697555\11697555
                                TABLE OF CONTENTS

Article I DEFINITIONS .........................................................1
         1.1 Definitions ......................................................1

Article II DECLARATION OF TRUST ...............................................4
         2.1 Formation of the Trust............................................4
         2.2 Purpose of the Trust..............................................4
         2.3 Property of the Trust.............................................4
         2.4 Issuance of Preferred Stock.......................................4
         2.5 Acceptance of Conveyance..........................................4
         2.6 Fiscal Year.......................................................4
         2.7 Office............................................................5

Article III TRUST ADMINISTRATION ..............................................5
         3.1 Beneficial Owners; Shares.........................................5
         3.2 Trust Certificates ...............................................5
         3.3 Distributions Prior to Dissolution of the Trust...................7

Article IV DUTIES AND POWERS OF THE TRUSTEES...................................7
         4.1 Appointment of the Trustees.......................................7
         4.2 Term of Service...................................................7
         4.3 Resignation and Removal of Trustee................................8
         4.4 Powers of the Regular Trustee.....................................8
         4.5 Reporting Duties of the Regular Trustee...........................9
         4.6 Investment of the Trust Assets; Tax Liability ....................9
         4.7 Administrative Expenses..........................................10
         4.8 Delaware Trustee................................................. 1

Article V TRUST SUPERVISION COMMITTEE ........................................13
         5.1 Trust Supervision Committee......................................13
         5.2 Committee Members as Beneficial Owners...........................13
         5.3 Actions by Majority Vote.........................................13
         5.4 Resignation and Removal of Committee Members.....................14
         5.5 Powers of the Trust Supervision Committee........................14

Article VI THE REGULAR TRUSTEE AND TRUST SUPERVISION COMMITTEE GENERALLY......14
         6.1 Agreement of Regular Trustee and the Committee Members to
             Serve in those Capacities........................................14
         6.2 No Implied Duties ...............................................14
         6.3 Liabilities of Trust ............................................15
         6.4 No Recourse Against the Regular Trustee, the Committee Members
             or the Trust Supervision Committee...............................15
         6.5 Limitation on Liability..........................................15
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         6.6 Reliance on Certificates or Opinions.............................15
         6.7 Discretion of the Regular Trustee, the Committee Members and
             the Trust Supervision Committee .................................15
         6.8 Genuineness of Documents ........................................16
         6.9 Retention of Professionals.......................................16
         6.10 Reliance on the Regular Trustee, the Committee Members or
              the Trust Supervision Committee ................................16
         6.11 Indemnification of Trustees and Agents..........................16
         6.12 Payment of Expenses.............................................17

Article VII TAX PROVISIONS ...................................................17
         7.1 Income Tax Status ...............................................17
         7.2 Tax Returns and Reports .........................................17
         7.3 Withholding......................................................17
         7.4 Tax Duties of the Regular
         Trustee..............................................................17

Article VIII DISSOLUTION .....................................................18
         8.1 Events of Dissolution............................................18
         8.2 Dissolution and Winding Up
         of the Trust ........................................................18

Article IX REPRESENTATIONS AND WARRANTIES OF FREEDOM FINANCIAL GROUP .........18
         9.1 Representations and Warranties ..................................18

Article X GENERAL PROVISIONS .................................................19
         10.1 Interpretation; Headings .......................................19
         10.2 Irrevocability..................................................19
         10.3 Amendments......................................................19
         10.4 Notices.........................................................19
         10.5 Successors and Assigns .........................................20
         10.6 Entire Agreement................................................20
         10.7 Counterparts....................................................21
         10.8 Governing Law...................................................21
         10.9 Severability. ..................................................21
         10.10 Further Assurances ............................................21

Schedule 1       Schedule of Exhibits

Exhibit 1        Beneficial Owners and Shares

Exhibit 2        Investment Guidelines

Exhibit 3        Form of Trust Certificate

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                      AMENDED AND RESTATED TRUST AGREEMENT

                     OF FREEDOM FINANCIAL GROUP I STATUTORY

                                      TRUST

         This Amended and Restated Trust Agreement is entered into as of the
Effective Date by and among Christiana Bank & Trust Company, a Delaware banking
corporation, solely in its capacity as the Delaware Trustee hereunder, Vern
Schweigert, an individual solely in his or her capacity as Regular Trustee
hereunder, and Freedom Financial Group, Inc., a Delaware corporation. Each of
Freedom Financial Group, Inc. and the Trustees may be referred to herein as a
"Party" or collectively as the "Parties." Unless otherwise stated, all
capitalized terms shall have the meanings set forth in Article I below.

                                    RECITALS

         WHEREAS, the Trust was initially formed on December 16, 2002 by the
execution by the Delaware Trustee of a Trust Agreement (the "Initial Trust
Agreement") and the filing with the Delaware State Office of the Certificate of
Trust;

         WHEREAS, the Trust was formed for the purpose of implementing certain
transactions contemplated by the Trustee's Plan of Reorganization;

         WHEREAS, the Trustee's Plan of Reorganization contemplates that the
Trust will be established for the benefit of the Participating Creditors to hold
as of the Effective Date 9,000,000 shares of Preferred Stock; and

         WHEREAS, the Parties desire to enter into this Trust Agreement to amend
and restate in its entirety the Initial Trust Agreement and to provide for the
establishment and operation of the Trust as the Preferred Stock Trust
contemplated by the Trustee's Plan of Reorganization.

         NOW, THEREFORE, in consideration of the mutual covenants and
understandings contained herein, and subject to and on the terms and conditions
herein set forth, the Parties hereby amend and restate in its entirety the
Initial Trust Agreement and hereby agree as follows:

                                   ARTICLE I

                                  DEFINITIONS

1.1      Definitions.

         (a) As used herein, capitalized terms shall have the meaning set forth
below unless otherwise stated:

         "Administrative Expenses" shall have the meaning set forth in Section
4.7(c) hereof.

         "Administrative Expense Reserve" shall have the meaning set forth in
Section 4.7(c) hereof.

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         "Beneficial Owner" shall mean, as of the Effective Date, each Person
who is a Participating Creditor in respect of its Shares and, after the
Effective Date, each such Person who continues to hold Shares and each Person to
whom Shares have been Transferred in accordance with all terms and restrictions
hereof.

         "Certificate of Trust" shall mean the Trust's certificate of trust as
filed with the Delaware State Office on December 16, 2002 and any amendments,
restatements or corrections thereto.

         "Chapter 11 Trustee" shall mean Vern Schweigert, solely in his capacity
as Chapter 11 Trustee in the Reorganization Case, and any permitted successor or
assign.

         "Committee Member" shall have the meaning set forth in Section 5.1
hereof.

         "Delaware Act" shall mean the Delaware Statutory Trust Act, Chapter 38
of Title 12 of the Delaware Code, and any successor statute, each as amended
from time to time.

         "Delaware State Office" shall mean the office of the Secretary of State
of the State of Delaware.

         "Delaware Trustee" shall mean Christiana Bank & Trust Company, solely
in its capacity as Delaware Trustee hereunder, and any permitted successor or
assign.

         "Distributable Cash" shall mean all cash received by the Trust in
respect of the Preferred Stock or any other Trust Asset whether sales proceeds,
dividends or other distributions, redemption proceeds, liquidation preferences
or otherwise.

         "ERISA" shall mean the Employee Retirement Income Security Act of 1974
and any successor statute, each as amended from time to time.

         "Expenses" shall have the meaning set forth in Section 4.8(d) hereof.

         "IRC" shall mean the Internal Revenue Code of 1986 and any successor
statute, each as amended from time to time.

         "Indemnified Persons" shall have the meaning set forth in Section
4.8(d) hereof.

         "Initial Distribution Month" shall have the meaning set forth in
Section 3.3(b) hereof.

         "Initial Trust Agreement" shall have the meaning set forth in the
preamble hereto.

         "Investment Company Act" shall mean the Investment Company Act of 1940
and any successor statute, each as amended from time to time.

         "Party" or "Parties" shall have the meaning set forth in the preamble
hereto.

         "Person" shall mean an individual, a partnership, a corporation, a
limited liability company, an association, a joint stock company, a trust, a
joint venture, an unincorporated organization, any other business entity, or a
governmental entity (or any department, agency, or political subdivision
thereof).

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         "Preferred Stock" shall mean the preferred stock of Freedom Financial
Group to be issued pursuant to the Trustee's Plan of Reorganization and held by
the Trust for the benefit of the Beneficial Owners.

         "Regular Trustee" shall mean Vern Schweigert, solely in his or her
capacity as Regular Trustee hereunder, and any permitted successor or assign.

         "Securities Act" shall mean the Securities Act of 1933 and any
successor statute, each amended from time to time.

         "Shares" shall mean the shares of beneficial interest into which the
beneficial interest in the Trust shall be divided and includes fractions of
Shares as well as whole Shares.

         "Transfer" shall mean, when used as a noun, any sale, assignment or
other transfer and, when used as a verb, to sell, assign or otherwise transfer
and, in each case, includes a transfer by operation of law.

         "Treasury Regulations" shall mean the regulations adopted by the U.S.
Department of the Treasury under the IRC as in effect from time to time.

         "Trust" shall mean the Delaware statutory trust formed under the
Delaware Act by the Initial Trust Agreement and the filing of the Certificate of
Trust and continued by this Trust Agreement.

         "Trust Agreement" shall mean this Amended and Restated Trust Agreement
of the Trust as from time to time amended, supplemented, restated or otherwise
modified.

         "Trust Assets" shall mean the Preferred Stock held by the Trust and any
other property received by the Trust in addition to, in connection with or in
exchange therefor and all proceeds of any of the foregoing.

         "Trust Certificate" shall mean a certificate issued by the Trust
representing Shares of a Beneficial Interest in the Trust substantially in the
form attached hereto as Exhibit 3.

         "Trustees" shall mean the Regular Trustee and the Delaware Trustee
collectively (and "Trustee" shall refer to each individually).

         "Trustee's Plan of Reorganization" shall mean the Corrected Trustee's
Amended Plan of Reorganization dated October 30, 2001 as approved by the United
States Bankruptcy Court for the District of Arizona in Case No. B
01-03105-ECF-RTB, In re: Stevens Financial Group, Inc.

         "Trust Supervision Committee" shall have the meaning set forth in
Section 5.1 hereof.

         (b) Capitalized terms used herein and not herein defined are used as
defined in the Trustee's Plan of Reorganization.

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                                   ARTICLE II

                              DECLARATION OF TRUST

         2.1 Formation of the Trust. The Trust was formed on December 16, 2002
pursuant to the Initial Trust Agreement and upon the filing of the Certificate
of Trust with the Delaware State Office. The Trust has been created pursuant to
the Trustee's Plan of Reorganization to act as the Preferred Stock Trust to hold
the Preferred Stock and any proceeds thereof for the benefit of Participating
Creditors and their permitted successors and assigns as the Beneficial Owners of
the Trust. It is the intention of the Parties hereto that the Trust be
established under and comply with the Delaware Act, and that this document
constitute the governing instrument of the Trust. The Regular Trustee may
transact the business and affairs of the Trust in the name "Freedom Financial
Group I Statutory Trust."

         2.2 Purpose of the Trust. The sole purpose of the Trust is to
distribute the Trust Assets to the Beneficial Owners and otherwise hold the
Trust Assets as herein set forth, with no objective to engage in the conduct of
a trade or business. Specifically, the purpose of the Trust is: (i) to pay
amounts to the Beneficial Owners in accordance with the provisions of the
Trustee's Plan of Reorganization and this Trust Agreement; and (ii) to otherwise
meet the purposes and requirements stated in the Trustee's Plan of
Reorganization and this Trust Agreement. In furtherance of this purpose, the
Regular Trustee, subject to the direction of the Trust Supervision Committee, is
hereby authorized and directed to take all reasonable and necessary actions to
hold the Trust Assets and to distribute the Trust Assets as hereinafter set out,
in as prompt, efficient and orderly a fashion as possible in accordance with the
provisions of the Trustee's Plan of Reorganization and this Trust Agreement.

         2.3 Property of the Trust. The Trust shall hold the legal title to the
Trust Assets and shall hold such property in trust to be administered and
disposed of by it pursuant to the terms of this Trust Agreement and the
Trustee's Plan of Reorganization for the benefit of the Beneficial Owners. The
Regular Trustee is authorized to make disbursements and payments from the Trust
in accordance with this Trust Agreement and the Trustee's Plan of
Reorganization.

         2.4 Issuance of Preferred Stock. Upon the Effective Date, Freedom
Financial Group will issue 9,000,000 shares of Preferred Stock to the Trust
which shall constitute the initial Trust Property. Freedom Financial Group shall
cooperate and take all such actions as the Regular Trustee may deem reasonably
necessary or desirable in order fully to effectuate the issuance of the
Preferred Stock to the Trust.

         2.5 Acceptance of Conveyance. The Regular Trustee, on behalf of the
Trust, is hereby directed to, and the Regular Trustee agrees that it will,
accept delivery, on behalf of the Trust, from Freedom Financial Group of the
9,000,000 shares of Preferred Stock constituting the initial Trust Assets.

         2.6 Fiscal Year. The Trust's fiscal year shall end on December 31 of
each year, unless the Regular Trustee deems it necessary or appropriate to
establish some other date on which the fiscal year of the Trust shall end.

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2.7 Office. The principal office of the Trust, and such additional offices as
the Regular Trustee may determine to establish, shall be located at such place
or places inside or outside the State of Delaware as the Regular Trustee may
designate from time to time.

                                  ARTICLE III
                              TRUST ADMINISTRATION

3.1      Beneficial Owners; Shares.

         (a) Only Beneficial Owners shall be entitled to any rights, benefits or
payments pursuant to this Trust Agreement. A schedule of Beneficial Owners is
attached hereto as Exhibit 1 and, as of the Effective Date, each Beneficial
Owner shall be deemed to have the number of Shares set forth opposite his, her
or its name on Exhibit 1. Each Participating Creditor by receipt and acceptance
of a Trust Certificate or any distributions made hereunder shall be deemed a
Beneficial Owner of the Trust in respect of its Shares and shall be bound by the
terms and conditions of this Trust Agreement, and each Person who becomes a
Beneficial Owner after the Effective Date shall be bound by the terms and
conditions of this Trust Agreement.

         (b) Ownership of Shares shall entitle the Beneficial Owner thereof to
the rights and benefits, subject to the restrictions and limitations, under this
Trust Agreement and, except to the extent modified hereby, under the Delaware
Act. The Trust shall have nine million (9,000,000) Shares authorized having a
par value of $0.0001 per Share, and all authorized Shares will be issued as of
the Effective Date. After the Effective Date, no new Shares will be authorized
or issued; provided that Shares may be Transferred and Trust Certificates may be
reissued as provided herein.

         3.2 Trust Certificates.

         (a) The Shares of each Beneficial Owner shall be evidenced by a Trust
Certificate. Each Trust Certificate shall be executed by any one or more of the
Committee Members (or by another person designated by the Trust Supervision
Committee).

         (b) The Trust shall keep or cause to be kept a register in which,
subject to such regulations as the Regular Trustee may adopt, the Trust will
provide for the registration of Shares and the registration of Transfers of
Shares. The books of the Trust shall be conclusive evidence of the ownership of
all Shares. Upon surrender for registration of Transfer of any Trust
Certificate, and subject to the further provisions of this Article III and any
limitations on Transfer contained elsewhere in this Trust Agreement, the Trust
will cause the execution, in the name of the registered holder or the designated
transferee, of one or more new Trust Certificates, evidencing the same number of
Shares as the Trust Certificate surrendered. Every Trust Certificate surrendered
for registration of transfer s hall be duly endorsed, or shall be accompanied by
a written instrument of transfer in form satisfactory to the Trust duly
executed, by the registered holder thereof or such holder's duly authorized
attorney. Upon the Transfer of Shares in accordance with the terms hereof, the
transferee thereof shall, when such Transfer has been recorded on the books of
the Trust, be deemed to be a Beneficial Owner with respect to the

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Shares so Transferred. Until Shares are Transferred in accordance with the terms
hereof, the registered holder thereof shall be deemed to be the Beneficial Owner
of such Shares for all purposes hereunder and neither the Trust, the Regular
Trustee nor any Committee Member shall be affected by any notice to the
contrary.

         (c) The Trust shall issue a new Trust Certificate in the case of any
Trust Certificate previously issued if the registered holder of the Trust
Certificate (i) makes proof by affidavit, in form and substance satisfactory to
the Regular Trustee, that a previously issued Trust Certificate has been lost,
destroyed or stolen, (ii) requests the issuance of a new Trust Certificate
before the Trust has received notice that the Trust Certificate has been
acquired by a purchaser for value in good faith and without notice of an adverse
claim, (iii) upon request by the Regular Trustee, delivers to the Trust a bond,
in form and substance satisfactory to the Regular Trustee, with such surety or
sureties and with fixed or open liability as the Regular Trustee may direct, to
indemnify the Trust, as registrar, against any claim that may be made on account
of the alleged loss, destruction or theft of the Trust Certificate, and (iv)
satisfies any other reasonable requirements imposed by the Regular Trustee.

         (d) So long as the Trust shall keep its own register for the
registration of Shares and the registration of Transfers of Shares, no service
charge shall be made for any registration of transfer or exchange of Trust
Certificates, but the Trust may require payment of a sum sufficient to cover any
tax or governmental charge that may be imposed in connection with any Transfer
or exchange of Trust Certificates and the Beneficial Owner proposing the
Transfer shall be responsible for the costs and expenses referenced in clause
(e) below.

         (e) No Transfer of any Shares (or any Trust Certificate representing
Shares) shall be made unless such Transfer is exempt from the registration
requirements of the Securities Act and any applicable state securities laws
pursuant to Section 1145 of the United States Bankruptcy Code or otherwise, or
is made in accordance with all such requirements of the Securities Act and all
such state securities laws. No Transfer of any Shares (or any Trust Certificate
representing Shares) shall be made if such proposed Transfer would (i) result in
any violation of ERISA, (ii) result in any violation of Section 4975 of the IRC,
(iii) cause any Trust Assets to be deemed to be plan assets (as defined in the
regulations of the U.S. Department of Labor) or (iv) cause the Trust to be
subject to the Investment Company Act. Any Beneficial Owner shall establish to
the reasonable satisfaction of the Trust the satisfaction of all conditions and
requirements for the Transfer of any Shares (or any Trust Certificate
representing any Shares) set forth herein and, without limiting the generality
of the foregoing, in connection with any proposed Transfer the Trust may require
an opinion of counsel, in form and substance reasonably satisfactory to the
Trust and to be paid for by the Beneficial Owner proposing such Transfer. In
addition to the foregoing, in connection with any proposed Transfer of any
Shares (or any Trust Certificate representing any Shares), the Trust may require
evidence from the Beneficial Owner proposing such Transfer that the Transfer
will not affect the tax status of the Trust and will not otherwise adversely
affect the interests of the Trust or any Beneficial Owner including, without
limitation, as the result of the imposition of any United States federal
withholding taxes on the Trust (except to the extent that such withholding taxes
would be payable solely from amounts otherwise distributable to the prospective
transferee of such Transfer) or otherwise impose any additional legal or
regulatory requirements or burdens on any

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Beneficial Owner, Trustee, Committee Member or the Trust or any other employee
or agent thereof.

3.3      Distributions Prior to Dissolution of the Trust.

         (a) All distributions by the Trust prior to the dissolution of the
Trust shall be made pursuant to this Section 3.3. Distributions by the Trust
after the dissolution of the Trust shall be made pursuant to Section 8.2 hereof.

         (b) Prior to dissolution of the Trust, all Distributable Cash shall be
distributed by the Regular Trustee in accordance with this Section 3.3. The
Regular Trustee shall make the first distribution hereunder on the fifth
business day of the first month in which the Trust has any material amount (in
the judgment of the Trust Supervision Committee) of Distributable Cash (the
"Initial Distribution Month"). Thereafter, the Regular Trustee shall make
distributions, to the extent of material Distributable Cash (in the judgment of
the Trust Supervision Committee), on the fifth business day of each three month
anniversary of the Initial Distribution Month. All distributions made pursuant
to this Section 3.3 shall be payable to the Persons who were Beneficial Owners
of record on the first business day of the month in which such distribution is
made and shall be made to such Persons in proportion to the Shares owned by each
as a Beneficial Owner as of such day.

         (c) Pursuant to Section 4.6 hereof, the Regular Trustee may invest and
reinvest cash constituting a part of the Trust Assets, provided that the Regular
Trustee shall make all such investments on a short term basis with a view to
having the maximum amount of Distributable Cash on hand to make distributions to
the Beneficial Owners in accordance with this Section 3.3 and shall liquidate
any investments made pursuant to Section 4.6 hereof as necessary to make such
distributions.

(d) Notwithstanding anything to the contrary in this Trust Agreement, no
distribution shall be made in violation of the Delaware Act or other applicable
law.

                                   ARTICLE IV

                        DUTIES AND POWERS OF THE TRUSTEES

4.1      Appointment of the Trustees.

         (a) Regular Trustee. There shall be one (1) Regular Trustee. The
initial Regular Trustee shall be Vern Schweigert.

         (b) Delaware Trustee. So long as required by the Delaware Act, there
shall be one (1) Delaware Trustee who or which shall be (i) a natural person who
is a resident of the State of Delaware or (ii) if not a natural person, an
entity that has its principal place of business in the State of Delaware and
otherwise meets the requirements of applicable law. The initial Delaware Trustee
shall be Christiana Bank & Trust Company.

4.2 Term of Service. Each Trustee shall serve until the earlier of: (i) its
resignation pursuant to Section 4.3(a) hereof (or, in the case of the Delaware
Trustee, Section 4.8(f) hereof); (ii) its removal pursuant to Section 4.3(b)
hereof; or (iii) the termination of this Trust pursuant to Section 8.1 hereof.

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<PAGE>

    4.3  Resignation and Removal of Trustee.

         (a) Resignation of Trustee. Each Trustee may resign and be discharged
from any future obligations and liabilities hereunder by giving written notice
thereof to any member of the Trust Supervision Committee at least thirty (30)
days prior to the date of resignation set forth in the notice of resignation.
Such resignation shall become effective after the day specified in such notice
and on the day when a successor Trustee is appointed pursuant to Section 4.3(c)
below and the successor Trustee accepts such appointment in writing.

         (b) Removal of Trustee. In addition, each Trustee may be removed with
or without cause at any time by written notice signed by the Trust Supervision
Committee. Upon any such removal, such removed Trustee shall be entitled to any
reimbursement and indemnification set forth in this Trust Agreement which remain
due and owing to such Trustee at the time of such removal. Such removal shall be
effective when a successor Trustee is appointed pursuant to Section 4.3(c) below
and the successor Trustee has accepted the appointment in writing.

         (c) Appointment of a Successor Trustee. If, at any time, a Trustee
gives notice of its intent to resign pursuant to this Section 4.3 or shall be
removed or shall become incapable of acting, within thirty (30) days thereafter,
the Trust Supervision Committee shall choose and appoint a successor Trustee to
act under this Trust Agreement. If a successor Trustee shall not have been
appointed within such thirty (30) day period, the Trust Supervision Committee
may apply to any court of competent jurisdiction to appoint a successor Trustee
to act until such time, if any, that a successor Trustee shall have been
appointed as provided above. Any successor Trustee so appointed by such court
shall immediately and without further act be superseded by any successor Trustee
appointed as provided above.

         (d) Acceptance of Appointment by Successor Trustee. Any successor
Trustee appointed hereunder shall execute an instrument accepting such
appointment hereunder in the form determined by the Trust Supervision Committee.
Thereupon, such successor Trustee shall, without any further act, become vested
with all of the estates, properties, rights, powers, trusts and duties of its
predecessor in the Trust hereunder with like effect as if originally named
herein from that date forward. No successor Trustee shall be liable personally
for any act or omission of any predecessor Trustee.

    4.4  Powers of the  Regular  Trustee. Subject to the limitations set forth
in this Trust Agreement (including the limitation on the authority of the
Regular Trustee to Transfer any shares of Preferred Stock without the express
direction of the Trust Supervision Committee), the Regular Trustee shall have
the power to take any and all actions that, in the Regular Trustee's judgment
and discretion, are necessary and proper to fulfill the purposes of the Trust,
and shall include the power:

         (a) to receive, hold and administer all the Trust Assets and to have
exclusive possession and control thereof for the purposes set forth in Section
2.2 hereof;

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         (b) to enter into, perform and exercise rights under contracts binding
upon the Trust (but not upon the Regular Trustee in its individual capacity)
that are reasonably incident to the administration of the Trust and which the
Regular Trustee, in the exercise of its judgment, believes to be in the best
interests of the Trust;

         (c) to establish and maintain accounts at banks and other financial
institutions, in a clearly specified fiduciary capacity, into which any reserves
or other cash and property of the Trust may be deposited, and draw checks or
make withdrawals from such accounts, and to pay or distribute such amounts of
the Trust Assets as permitted or required under the Trustee's Plan of
Reorganization or this Trust Agreement;

         (d) to employ and compensate attorneys, accountants, appraisers or any
successor or other persons whose services may be necessary or advisable in the
judgment of the Regular Trustee, to advise or assist the Regular Trustee in the
discharge of its duties as Regular Trustee, or otherwise in the exercise of any
powers vested in the Regular Trustee, and to pay from the Trust Assets
reasonable compensation to such attorneys, accountants, appraisers or other
persons;

         (e) to collect and receive any income, proceeds of sale, and
distributions derived from or relating to the Trust Assets and to distribute the
same to the Beneficial Owners in accordance with the terms of the Trustee's Plan
of Reorganization and this Trust Agreement;

         (f) to pay from the Trust Assets any and all necessary expenses
attributable or relating to the management, maintenance, administration,
preservation or liquidation of the Trust Assets; and

         (g) to sue or be sued in connection with any matter arising from or
related to the Trustee's Plan of Reorganization or this Trust Agreement that
affects in any way the rights or obligations of the Trust, the Regular Trustee
or the Beneficial Owners.

    4.5  Reporting Duties of the Regular Trustee. The Regular Trustee shall
submit to the Trust Supervision Committee periodic reports relating to the
balance of the Trust Assets, payments made to the Beneficial Owners and the
Administrative Expenses of the Trust, as the Trust Supervision Committee shall
request. The Trust Supervision Committee on behalf of the Beneficial Owners
shall have the right to conduct financial audits of the Trust. The Regular
Trustee shall prepare, file and mail, or cause to be prepared, filed and mailed
any reports, forms or other information or documents that have to be filed with
the Securities and Exchange Commission or with any other governmental unit or
agency thereof. The Regular Trustee shall prepare and distribute, or cause to be
prepared and distributed any other reports or other information the Regular
Trustee determines is necessary or appropriate. The right of the Beneficial
Owners to receive reports and other information as set forth in this Trust
Agreement is in lieu of the right to access information under Section 3819 of
the Delaware Act.

    4.6 Investment of the Trust Assets; Tax Liability. So long as the Trust
exists, the Regular Trustee shall, as it deems appropriate, from time to time,
invest and reinvest any cash constituting a part of the Trust Assets in
accordance with the investment guidelines attached here as Exhibit 2, subject to
the requirement to distribute Trust Assets as herein provided. The

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         Regular Trustee shall have the right to liquidate any investment held
to provide funds necessary to make distributions of the Trust Assets pursuant to
this Trust Agreement. The Regular Trustee shall not have any liability for any
loss sustained as a result of any investment made pursuant to this Trust
Agreement or as a result of any liquidation of any investment prior to its
maturity or for electing not to invest or reinvest the Trust Assets. The Trust
shall pay from the Trust Assets any and all tax liability arising from the
operation of the Trust and shall meet any and all reporting requirements for
such investments as provided in Article VII herein. The Regular Trustee shall
have the power to exercise all rights with respect to the Trust's investments.

    4.7  Administrative Expenses.

         (a) Authority to Engage Professionals and Administrative Personnel. The
Regular Trustee shall have the power to appoint such officers and hire such
employees and engage such legal, financial, accounting, investment, auditing,
and other professionals, service providers, or consultants as the business of
the Trust may reasonably require, and to delegate to such persons such powers
and authorities as the fiduciary duties of the Regular Trustee permit and as the
Regular Trustee, in its reasonable discretion, deems advisable or necessary to
carry out the terms of this Trust Agreement. The Delaware Trustee shall be
authorized to employ legal counsel, including the firm of Morris, Nichols, Arsht
& Tunnell, in connection with performing its services hereunder.

         (b) Compensation and Expenses of the Regular Trustee. Any compensation
to be received by the Regular Trustee shall be determined by the Trust
Supervision Committee. The Trust shall reimburse the Regular Trustee as a part
of the Administrative Expenses for all reasonable out-of-pocket costs and
expenses incurred by the Regular Trustee in connection with the performance of
its duties hereunder.

         (c) Administrative Expenses and Payment Thereof. The Regular Trustee
shall periodically estimate the funds that are reasonably expected to be
necessary to pay administrative expenses incurred or expected to be incurred
pursuant to the execution of the Regular Trustee's and the Delaware Trustee's
duties ("Administrative Expenses"). Such Administrative Expenses shall include,
any compensation of the Regular Trustee, the compensation of the Delaware
Trustee and any Trust employees, payment of all professionals and consultants
engaged by the Trust, the Regular Trustee or the Delaware Trustee, the
reimbursement of reasonable expenses of any Committee Members, and the expenses
of operating and administering the Trust. The Regular Trustee shall, from time
to time, set aside from the Trust Assets such amounts so determined to be
sufficient to pay the Administrative Expenses (the "Administrative Expense
Reserve") and shall not use the Administrative Expense Reserve for any other
purpose, except as otherwise required by this Trust Agreement. To the extent
that the amount of funds in the Administrative Expense Reserve is at any time
insufficient, the Regular Trustee shall pay from the Trust Assets all expenses,
charges, liabilities and obligations of the Trust, including such debts,
liabilities, or obligations as may be payable from the Trust Assets, interest,
taxes, assessments, and public charges of every kind and nature, and the costs,
charges and expenses in connection with or arising out of the execution or
administration of the Trust and the Trust Assets, and such other payments and
disbursements as are provided for in the Trustee's Plan of Reorganization or
this Trust Agreement or which may be necessary or appropriate charges against
the Trust and the Trust Assets, and the Regular Trustee, in its judgment, may,
from time

                                       10
<PAGE>

                  to time, make provision by reserve or otherwise, out of the
Trust Assets, for such amount or amounts as the Regular Trustee in its judgment
may determine to be necessary or appropriate to meet or satisfy unascertained,
unliquidated or contingent liabilities of the Trust, the Regular Trustee or the
Delaware Trustee.

    4.8  Delaware Trustee.

         (a) The Delaware Trustee is appointed to serve as the trustee of the
Trust in the State of Delaware for the sole purpose of satisfying the
requirement of Section 3807 of the Delaware Act that the Trust have at least one
trustee with a principal place of business in Delaware. It is understood and
agreed by the Parties hereto and each Beneficial Owner that the Delaware Trustee
shall have none of the duties or liabilities of any other Trustee of the Trust
or any administrator or manager of the Trust or any other person or entity. The
duties of the Delaware Trustee shall be limited to (a) accepting legal process
served on the Trust in the State of Delaware and (b) the execution of any
certificates required to be filed with the Delaware State Office that the
Delaware Trustee is required to execute under Section 3811 of the Delaware Act.
To the extent that, at law or in equity, the Delaware Trustee has duties
(including fiduciary duties) and liabilities relating thereto to the Trust or
any Beneficial Owner, it is hereby understood and agreed by the other Parties
hereto and all Beneficial Owners that such duties and liabilities are replaced
by the duties and liabilities of the Delaware Trustee expressly set forth in
this Agreement. The Delaware Trustee shall have no duty or liability with
respect to the administration of the Trust, the investment of the Trust Property
or the payment of dividends or other distributions of income or principal to the
Beneficial Owners.

         (b) The Delaware Trustee shall not be liable for the acts or omissions
of the Regular Trustee or any administrator or manager of the Trust or any other
person or entity, nor shall the Delaware Trustee be liable for supervising or
monitoring the performance of the duties and obligations of the Regular Trustee
or any administrator or manager of the Trust or the Trust or of any other person
or entity under this Agreement or any related document. The Delaware Trustee
shall not be personally liable under any circumstances, except for its own
willful misconduct. In particular, but not by way of limitation:

              (i)   The Delaware Trustee shall not be personally liable for any
error of judgment made by a responsible officer of the Delaware Trustee in good
faith;

              (ii)  No provision of this Agreement shall require the Delaware
Trustee to expend or risk its personal funds or otherwise incur any financial
liability in the performance of its rights or powers hereunder;

              (iii) Under no circumstance shall the Delaware Trustee be
personally liable for any representation, warranty, covenant, agreement, or
indebtedness of the Trust;

              (iv)  The Delaware Trustee shall not be personally responsible for
or in respect of the validity or sufficiency of this Trust Agreement or for the
due execution hereof by the other Parties;

              (v)   The Delaware Trustee shall incur no liability to anyone in
acting upon any signature, instrument, notice, resolution, request, consent,
order, certificate, report,

                                       11
<PAGE>

opinion, bond or other document or paper believed by it to be genuine and
believed by it to be signed by the proper party or parties. The Delaware Trustee
may accept a certified copy of a resolution of any governing body of any person
as conclusive evidence that such resolution has been duly adopted by such person
and that the same is in full force and effect. As to any fact or matter the
manner of ascertainment of which is not specifically prescribed herein, the
Delaware Trustee may for all purposes hereof rely on a certificate, signed by
any officer of the party delivering the certificate, as to such fact or matter,
and such certificate shall constitute full protection to the Delaware Trustee
for any action taken or omitted to be taken by it in good faith in reliance
thereon;

              (vi) In the exercise or. administration of its duties hereunder,
the Delaware Trustee (A) may act directly or through agents or attorneys
pursuant to agreements entered into with any of them, and the Delaware Trustee
shall not be liable for the default or misconduct of such agents or attorneys if
such agents or attorneys shall have been selected by the Delaware Trustee in
good faith and (B) may consult with counsel, accountants and other skilled
persons to be selected in good faith and employed by it, and it shall not be
liable for anything done, suffered or omitted in good faith by it in accordance
with the advice or opinion of any such counsel, accountants or other skilled
persons; and

              (vii) In accepting and performing its duties hereunder the
Delaware Trustee acts solely as trustee hereunder and not in its individual
capacity, and all persons having any claim against the Delaware Trustee or the
Trust by reason of the transactions contemplated by this Trust Agreement shall
look only to the Trust Property for payment or satisfaction thereof.

         (c) The Delaware Trustee shall be paid compensation by the Trust as set
forth in a separate fee agreement. In addition, the Trust shall reimburse the
Delaware Trustee upon its request for all reasonable expenses, disbursements and
advances incurred or made by the Delaware Trustee in accordance with any of the
provisions of this Agreement (including, without limitation, the reasonable
compensation and the expenses and disbursements of its counsel and agents).

         (d) The Trust shall be liable for, and hereby agrees to indemnify,
defend and hold harmless the Delaware Trustee and any of the shareholders,
officers, directors, employees and agents of the Delaware Trustee (the
"Indemnified Persons") from and against, any and all losses, damages,
liabilities, claims, actions, suits, costs, expenses, disbursements (including
the reasonable fees and expenses of counsel), taxes and penalties of any kind
and nature whatsoever (collectively, "Expenses"), to the extent that such
Expenses arise out of or are imposed upon or asserted at any time against such
Indemnified Persons with respect to the performance of this Agreement, the
creation, operation or termination of the Trust or the transactions contemplated
hereby; provided, however, that the Trust shall not be required to indemnify any
Indemnified Person for any Expenses that are held by a court of competent
jurisdiction in a final, nonappealable proceeding to be the result of the
willful misconduct or bad faith of such Indemnified Person. As security for any
amounts owing to the Delaware Trustee hereunder, the Delaware Trustee shall have
a lien against the Trust Property, which lien shall be prior to the rights of
any beneficial owner of the Trust. The obligations of the Trust under this
Section shall survive the termination of this Agreement and the resignation or
removal of the Delaware Trustee.

                                       12
<PAGE>

         (e) To the fullest extent permitted by law, Expenses to be incurred by
an Indemnified Person shall, from time to time, be advanced by, or on behalf of,
the Trust prior to the final disposition of any matter upon receipt by the Trust
of an undertaking by, or on behalf of, such Indemnified Person to repay such
amount if it shall be determined that the Indemnified Person is not entitled to
be indemnified hereunder.

         (f) Notwithstanding anything to the contrary herein, if any amounts
shall be due and owing to the Delaware Trustee hereunder and remain unpaid for
more than ninety (90) days, the Delaware Trustee shall immediately be entitled
to resign by notice to any member of the Trust Supervision Committee. Such
resignation shall not relieve the Trust of any liability or obligation to the
Delaware Trustee.

                                   ARTICLE V

                           TRUST SUPERVISION COMMITTEE

    5.1  Trust Supervision Committee. There shall be a Trust Supervision
Committee, which shall have three (3) members (each, a "Committee Member" and
collectively, the "Trust Supervision Committee"). Upon execution of this Trust
Agreement, Gary Lipscomb, Jerry Fenstermaker and Vern Schweigert shall be the
Committee Members and constitute the Trust Supervision Committee. Immediately
following the first annual shareholders meeting of Freedom Financial Group, each
member of the Trust Supervision Committee will be subject to removal and
replacement by the Board of Directors of Freedom Financial Group and each member
of the Trust Supervision Committee shall thereafter serve for a one year term.
At the expiration of the one year term of each member of the Trust Supervision
Committee, the Board of Directors of Freedom Financial Group will designate the
new members of the Trust Supervision Committee, provided that if designated by
the Board of Directors of Freedom Financial Group, a member of the Trust
Supervision Committee may serve for more than one consecutive one-year term. The
resignation, removal, incapacity or death of any or all of the Committee
Members, governed by Section 5.4 below, shall not operate to dissolve or
terminate the Trust.

    5.2  Committee Members as Beneficial Owners. The Committee Members may be
Beneficial Owners.

    5.3  Actions by Majority Vote. Unless otherwise specified herein, any
action required or permitted to be taken by the Trust Supervision Committee
pursuant to this Trust Agreement shall be taken by the affirmative vote at a
meeting or by written consent of not less than a majority of the Committee
Members. The Trust Supervision Committee shall meet at such times and places as
the Trust Supervision Committee deems necessary or appropriate. The Trust
Supervision Committee may delegate any of their powers or duties to an
individual Committee Member or a subcommittee of Committee Members, as the Trust
Supervision Committee deems necessary or appropriate. In carrying out any of the
powers or duties delegated to them, such officers, employees, professionals,
agents and representatives shall be entitled to the same rights, claims and
protections as the Committee Members would have had with respect thereto.

                                       13
<PAGE>

    5.4  Resignation and Removal of Committee Members.

         (a) Resignation. A Committee Member may resign and be discharged from
any future obligations and liabilities hereunder by giving written notice
thereof to the other Committee Members at least thirty (30) days prior to the
date of resignation set forth in the notice of resignation.

         (b) Removal. Members of the Trust Supervision Committee may be removed
with or without cause by the Board of Directors of Freedom Financial Group

         (c) Appointment of Successor Committee Member. If a vacancy in the
Trust Supervision Committee occurs whether by death or pursuant to Sections
5.4(a) or 5.4(b) above, the Board of Directors of Freedom Financial Group shall
promptly appoint a successor.

    5.5  Powers of the Trust Supervision Committee. Notwithstanding anything
to the contrary in this Trust Agreement, the administration and management of
the Trust will be subject to the decisions of the Trust Supervision Committee
and the Trust Supervision Committee may direct the Regular Trustee with respect
to all actions regarding the Trust Property. Without limiting the generality of
the foregoing, the Regular Trustee shall have no power or authority to Transfer,
by operation of law or otherwise, any shares of the Preferred Stock held by the
Trust except at the express direction of the Trust Supervision Committee;
provided, further, however, that the Trust Supervision Committee has no power or
authority to, and agrees that it will not, (i) Transfer, by operation of law or
otherwise fewer than all of the shares of Preferred Stock held by the Trust or
(ii) Transfer, by operation of law or otherwise, the shares of Preferred Stock
held by the Trust except in connection with a transaction involving the sale of
all or substantially all of the equity or assets of Freedom Financial Group.

                                   ARTICLE VI

                    THE REGULAR TRUSTEE AND TRUST SUPERVISION
                               COMMITTEE GENERALLY

    6.1  Agreement of Regular Trustee and the Committee Members to Serve in
those Capacities. The Regular Trustee and each of the Committee Members agree to
act as the Regular Trustee and the Committee Members, respectively, of the Trust
pursuant to the terms of the Trustee's Plan of Reorganization and this Trust
Agreement. The Regular Trustee and the Committee Members shall have and shall
exercise the rights and powers granted in this Trust Agreement and shall be
charged solely with the performance of the duties declared in this Trust
Agreement on the part of the Regular Trustee and the Committee Members,
respectively. The Regular Trustee also agrees to receive and disburse all funds
actually received by the Regular Trustee constituting part of the Trust Assets
pursuant to the terms of the Trustee's Plan of Reorganization and this Trust
Agreement.

    6.2  No Implied Duties. The Regular Trustee, the Committee Member and
the Trust Supervision Committee shall not manage, control, use, sell, dispose,
collect or otherwise deal with the Trust Assets or otherwise take any action
hereunder except as expressly provided in this Trust Agreement, and no implied
duties or obligations at law, in equity or otherwise, whatsoever

                                       14
<PAGE>

of the Regular Trustee, the Committee Member or the Trust Supervision Committee
shall be read into this Trust Agreement. Except as otherwise expressly provided
in this Trust Agreement, the Regular Trustee, the Committee Member and the Trust
Supervision Committee shall have no duties or obligations under any law,
including without limitation, laws or statutes otherwise applicable to trustees
or trusts in equity or otherwise.

    6.3  Liabilities of Trust. The Trust, the Regular Trustee, Committee
Members and the Trust Supervision Committee shall have no liabilities whatsoever
except (a) in accordance with this Trust Agreement and (b) the obligation to pay
and reimburse the Trustees, the Committee Member and the Trust Supervision
Committee and the officers, employees, professionals, agents and representatives
of the Trust in accordance with this Trust Agreement.

    6.4  No Recourse Against the Regular Trustee, the Committee Members or
the Trust Supervision Committee. No recourse shall ever be had, directly or
indirectly, against the Regular Trustee, the Committee Member or the Trust
Supervision Committee or any of the officers, employees, professionals, agents
or representatives of the Trust, whether by legal, equitable or other
proceedings, by virtue of any law, statute, regulation or otherwise, or by
virtue of any indebtedness of the Trust, it being expressly understood and
agreed that all liabilities of the Trust shall be enforceable only against, and
be satisfied only out of, the Trust Assets or shall be evidence only of a right
to payment out of the Trust Assets, as the case may be.

    6.5  Limitation on Liability. No provision of the Trustee's Plan of
Reorganization or this Trust Agreement shall be construed to impose any
liability upon the Trustees, the Committee Members or the officers, employees,
professionals, agents or representatives of the Trustees or the Trust unless it
shall be proven that the actions or omissions of such persons or entity
constituted willful misconduct or bad faith in the exercise of, or failure to
exercise, any right or power under the Trustee's Plan of Reorganization or this
Trust Agreement.

    6.6  Reliance on Certificates or Opinions. In the absence of willful
misconduct on the part of the Regular Trustee, the Committee Members or the
Trust Supervision Committee, each of the Regular Trustee, the Committee Members
and the Trust Supervision Committee may conclusively rely, as to the truth of
the statements and correctness of the opinions expressed therein, upon any
certificates or opinions conforming to the requirements of the Trustee's Plan of
Reorganization or this Trust Agreement furnished to one of them by another of
them.

    6.7  Discretion of the Regular Trustee, the Committee Members and the
Trust Supervision Committee. Except as otherwise expressly provided in the
Trustee's Plan of Reorganization or this Trust Agreement, the Regular Trustee,
the Committee Members and the Trust Supervision Committee, within the
limitations and restrictions expressed and imposed in the Trustee's Plan of
Reorganization and this Trust Agreement, may act freely under all or any of the
rights, powers and authority conferred in the Trustee's Plan of Reorganization
or this Trust Agreement in all matters concerning the Trust and the Trust
Assets, after forming their respective business judgment based upon the
circumstances of any particular question or situation as to the course to
pursue, without the necessity of obtaining the consent or permission or
authorization of the Beneficial Owners; and the rights, powers and authority
conferred on the Regular Trustee and the Committee Members by the Trustee's Plan
of Reorganization and this Trust Agreement are conferred in contemplation of
such freedom of business judgment and action within the limitations and
restrictions so expressed and imposed; provided, however, that the Regular
Trustee, each Committee Member and the Trust Supervision Committee shall not be
liable for any error of judgment, unless it shall be proved that the Regular
Trustee or such Committee Member or the Trust Supervision Committee,
respectively, acted in a manner which constituted willful misconduct or bad
faith.

                                       15
<PAGE>

    6.8 Genuineness of Documents. The Regular Trustee, the Committee Members or
the Trust Supervision Committee and the officers, employees, professionals,
agents and representatives of the Regular Trustee and/or the Trust may rely and
shall be protected in acting upon any resolution, certificate, statement,
instrument, opinion, report, notice, request, consent, objection, order,
judgment, decree, or other paper or document reasonably believed by them to be
genuine and to have been signed, made, entered or presented by the proper party,
parties, official, officials, entity or entities.

    6.9 Retention of Professionals. The Regular Trustee may consult with legal
counsel and with independent public accountants and other professionals or
experts. The Regular Trustee and the Committee Members shall not be liable for
any action taken or suffered by any of them or omitted to be taken by any of
them without willful misconduct in reliance on any opinion or certification of
such accountants or in accordance with the advice of such counsel or other
professionals or experts, provided that such accountants, counsel and experts
were selected and retained in accordance with this Trust Agreement.

    6.10 Reliance on the Regular Trustee, the Committee Members or the Trust
Supervision Committee. No entity dealing with the Regular Trustee or the
Committee Members or the Trust Supervision Committee or any other officers,
employees, professionals, agents or representatives of the Trust shall be
obligated to see to the application of any funds, securities, or other property
paid or delivered to any of them or the Trust or to inquire into the expediency
or propriety of any transaction or the right, power or authority of the Regular
Trustee, the Committee Members or the Trust Supervision Committee to enter into
or consummate any transaction upon such terms as the Regular Trustee, the
Committee Members or the Trust Supervision Committee deem necessary or
appropriate. Entities dealing with the Regular Trustee or the Committee Members
or the Trust Supervision Committee and the officers, employees, professionals,
agents or representatives of the Trust shall look only to the Trust Assets to
satisfy any liability incurred by any of them to such entities in carrying out
the terms of the Trustee's Plan of Reorganization and this Trust Agreement, and
the Regular Trustee and the Committee Members and the Trust Supervision
Committee and the officers, employees, professionals, agents or representatives
of the Regular Trustee or the Trust shall have no personal, individual or
corporate obligation to satisfy any such liability.

    6.11 Indemnification of Trustees and Agents. The Trust shall indemnify and
hold harmless to the full extent of the Trust Assets any entity who was or is a
party, or is threatened to be made a party to any threatened, pending, or
completed action, suit or proceeding, whether civil, criminal, administrative,
or investigative by reason of the fact that such entity is or was a Trustee or
one of the Committee Members or an officer, employee, professional, agent or
representative of a Regular Trustee or the Trust, from and against any and all
expenses (including attorneys' fees), judgments, fines and amounts paid in
settlement actually and reasonably incurred by such entity in connection with
such action, suit or proceeding, including

                                       16
<PAGE>

appeals thereof, if such entity acting without willful misconduct in the
exercise and performance of any power or duties of such entity in accordance
with the Trustee's Plan of Reorganization and this Trust Agreement.

    6.12 Payment of Expenses. Expenses (including attorneys' fees) incurred in
defending any action, suit or proceeding referred to above may be paid by the
Trust in advance of the final disposition of such action, suit or proceeding,
upon an undertaking by the Trustee or a Committee Member or officer, employee,
professional, agent or representative of the Trust to repay such amount if it
shall ultimately be determined that such entity is not entitled to be
indemnified.

                                  ARTICLE VII

                                 TAX PROVISIONS

    7.1  Income Tax Status. Parties intend that the Trust shall be treated as a
"grantor trust" governed by Section 671 of the IRC and not as a "business
entity" as that term is defined under Treasury Regulations Section 301.7701-2(a)
and the Parties agree to cause the Trust to comply with the applicable
provisions of the IRC and the Treasury Regulations in the manner necessary to
effect the intention of the Parties as set forth above that the Trust be
accorded such treatment and each Beneficial Owner agrees not to take any action
inconsistent with such treatment. Subject to the foregoing, the Regular Trustee
is authorized to take any action that may be necessary or appropriate to (i)
maximize any potential tax benefit to the Beneficial Owners and (ii) minimize
any potential tax liability of the Beneficial Owners arising out of the
operations of the Trust. For all federal income tax purposes, consistent
valuations shall be used by the Trust for the transferred Trust Assets.

    7.2  Tax Returns and Reports. The Regular Trustee shall cause to be prepared
and timely filed, at the cost and expense of the Trust, such tax returns with
the Internal Revenue Service (and any state or local taxing authorities) as may
be required by law by virtue of the existence and operation of the Trust and
shall pay any taxes shown as due thereon. Within the later of forty-five (45)
days after the end of each calendar year and forty-five (45) days after
receiving a request from a Beneficial Owner, the Trust shall cause to be
prepared and mailed to a Beneficial Owner such tax returns, reports or schedules
as may be required by law and such other information as may be reasonably
requested by such Beneficial Owner in writing to enable such Beneficial Owner to
complete and file his, her, or its federal, state and local income and other tax
returns.

    7.3  Withholding. The Trust may withhold from the amount distributable from
the Trust at any time such sum or sums as may be sufficient to pay any tax or
taxes or other charge or charges which have been or may be imposed on the
distributee or upon the Trust with respect to the amount distributable or to be
distributed as required by any income tax law of the United States or any
regulation promulgated thereunder, or as required by any state or political
subdivision or entity by reason of any distribution.

    7.4  Tax Duties of the Regular Trustee. The Regular Trustee shall cause a
Federal Employer Identification Number ("FEIN") for the Trust to be obtained and
shall cause annual

                                       17
<PAGE>

income tax returns to be filed on behalf of the Trust on the basis of a December
31 year end. The Regular Trustee shall take all steps necessary to ensure that
any tax obligations imposed upon the Trust are paid and otherwise comply with
any reporting obligation of the Trust. To the extent necessary to satisfy this
objective, the Regular Trustee is hereby authorized, among other things: (1) to
obtain a tax identification number for the Trust; (2) to communicate with the
Internal Revenue Service and state and local taxing authorities on behalf of the
Trust; (3) to make payment of taxes on behalf of the Trust (which taxes will be
paid out of the Trust Assets); and (4) to file all applicable tax returns for
the Trust.

                                  ARTICLE VIII

                                  DISSOLUTION

    8.1 Events of Dissolution. The Trust shall be dissolved upon the earlier to
occur of the following:

         (a) the distribution of all of the Trust Assets to the Beneficial
Owners as set forth in the Trustee's Plan of Reorganization and this Trust
Agreement; or

         (b) the vote, at any time after the one year anniversary of the
Effective Date, of at least two-thirds of the common stock of Freedom Financial
Group;

    8.2  Dissolution  and  Winding Up of the Trust.

         (a) Upon the dissolution of the Trust pursuant to Section 8.1(b) above,
the Regular Trustee, after satisfaction of all liabilities to creditors of the
Trust as provided in the Delaware Act, shall distribute the Preferred Stock held
by the Trust and any other remaining Trust Assets to the Beneficial Owners in
proportion to their respective Shares.

         (b) Upon the dissolution of the Trust pursuant to Section 8.1(a) above
or upon the dissolution of the Trust pursuant to Section 8.1(b) above and
completion of the winding up of the Trust's affairs pursuant to Section 8.2(a)
above, a certificate of cancellation canceling the Certificate of Trust shall be
filed with the Delaware State Office, which certificate of cancellation shall be
executed by the Regular Trustee.

                                   ARTICLE IX

            REPRESENTATIONS AND WARRANTIES OF FREEDOM FINANCIAL GROUP

    9.1  Representations and Warranties. Freedom Financial Group hereby
represents and warrants to the Trust, for the benefit of the Beneficial Owners,
as follows:

         (a) Freedom Financial Group is a corporation duly organized, validly
existing and in good standing under the laws of the State of Delaware and has
all requisite corporate power and authority to issue the Preferred Stock to the
Trust and carry on its business as now conducted and proposed to be conducted;

                                       18
<PAGE>

         (b) The Preferred Stock issued to the Trust is duly authorized, validly
issued, fully paid and non-assessable;

         (c) The Preferred Stock issued to the Trust constitutes all of the
preferred stock of Freedom Financial Group and Freedom Financial Group has not
issued or authorized any equity interests other than its common stock and the
Preferred Stock issued to the Trust; and

         (d) Preferred Stock will be issued pursuant to Section 1145 of the
United States Bankruptcy Code.

                                   ARTICLE X

                               GENERAL PROVISIONS

         10.1    Interpretation; Headings. Except where the context otherwise
requires, words importing the masculine shall include the feminine and the
neutral and vice versa, if appropriate; words importing the singular number
shall include the plural number and vice versa; and the word "including" and
similar terms shall be deemed to mean "including, without limitation." The
section headings contained in this Trust Agreement are inserted for conveniences
only and shall not affect in any way the meaning or interpretation of this Trust
Agreement.

         10.2    Irrevocability. Upon the Effective Date, the Trust shall not be
revocable by any Party or any Beneficial Owner.

         10.3    Amendments. No modification or amendment of any provision of
the Trust Agreement shall be valid unless the same is in writing and signed by
the Regular Trustee, and the Trust Supervision Committee; provided that no
amendment shall impair materially the rights of the Beneficial Owners of the
Trust without the consent of a majority in interest of the Beneficial Owners;
provided, further, that no amendment shall adversely affect the rights, duties,
obligations, liabilities or immunities of the Delaware Trustee without the
consent of the Delaware Trustee.

         10.4    Notices. All notices hereunder shall be in writing and shall be
deemed to have been sufficiently given or served for all purposes: (i) if
mailed, three (3) calendar days after being deposited, postage prepaid, in the
United States Mail, and sent via registered or certified mail; (ii) if delivered
by overnight express courier, one (1) business day after being delivered to such
courier; or (iii) if delivered in person or via facsimile subject to written
confirmation of transmission, the same day as the delivery, provided that
notices issued to the Trust shall be deemed received on the date actually
received by the Trust. Notice to the Trust Supervision Committee shall be deemed
notice to the Beneficial Owners and the Trust Supervision Committee shall
forward, or cause to be forwarded, any notices to the Beneficial Owners at their
addresses on the books and records of the Trust to the extent the Trust
Supervision Committee shall determine to be appropriate. Notices shall be
addressed as follows:

                                       19
<PAGE>

If to Freedom Financial Group:             Copy to:
-----------------------------              -------
Freedom Financial Group                    Osborn Maledon PA
3042 E. Elm                                2929 North Central Ave.
Springfield, MO 65802                      Twenty-First Floor
Fax: (417) 841-1200                        Phoenix, AZ 85012
Attn: Jerry Fenstermaker                   Fax: (602) 640-6047
                                           Attn: C. Taylor Ashworth

If to the Regular Trustee:
-------------------------
Biltmore Associates                        Copy to:
1121 East Missouri Avenue                  --------
Suite 100                                  Osborn Maledon PA
Phoenix, AZ 85016                          2929 North Central Ave.
Fax: (602) 604-2335                        Twenty-First Floor Phoenix, AZ 85012
Attn: Vern Schweigert                      Fax: (602) 640-6047
                                           Attn: C. Taylor Ashworth
If to the Trust Supervision Committee
or any Committee Member:
If to Freedom Financial Group:
------------------------------
Freedom Financial Group                    Osborn Maledon PA
3042 E. Elm                                2929 North Central Ave.
Springfield, MO 65802                      Twenty-First Floor Phoenix, AZ 85012
Fax: (417) 841-1200                        Fax: (602) 640-6047
Attn: Jerry Fenstermaker                   Attn: C. Taylor Ashworth

If to the Delaware Trustee:
--------------------------
Debra A. Balliet
Trust Officer
Christiana Bank & Trust Company
1314 King Street
P.O. Box 957 Wilmington, DE 19899-0957 Fax: (302)421-9015 (fax) Attn: Corporate
Trust Department

    10.5 Successors and Assigns. This Trust Agreement shall be binding upon
and inure to the benefit of the Parties named herein and their respective
successors and permitted assigns. No Party may assign either this Trust
Agreement or any of its rights, interests, or obligations hereunder without the
prior written consent of the Trust Supervision Committee.

    10.6 Entire Agreement. This Trust Agreement and the Trustee's Plan of
Reorganization (including the documents, exhibits and attachments referred to
herein) contain the complete and entire understanding of the Parties with
respect to the subject matter hereof, and no changes shall be recognized as
valid unless they are made as required by Section 10.3 herein. The event of any
conflict between the terms of the Trustee's Plan of Reorganization and
the terms of this Trust Agreement, pursuant to the Trustee's Plan of
Reorganization, the Bankruptcy Court retains jurisdiction to resolve such
conflict.

                                       20
<PAGE>

   10.7  Counterparts. This Trust Agreement may be executed in one or more
counterparts (including by means of facsimile), each of which shall be deemed an
original but all of which together shall constitute one and the same instrument.

   10.8  Governing Law. This Trust Agreement shall in all respects be
governed by, and construed in accordance with, the laws of the State of Delaware
(excluding conflict of law rules), including all matters of construction,
validity and performance; provided, however, that there shall not be applicable
to the Trust, the Trustees or this Trust Agreement, any provisions of the laws
(statutory or common) of the State of Delaware, other than the Delaware Act,
pertaining to trusts that relate to or regulate, in a manner inconsistent with
the terms hereof (i) the filing with any court or governmental body or agency of
trustee accounts or schedule of trustee fees and charges, (ii) affirmative
requirements to post bonds for trustees, officers, agents, or employees of a
trust, (iii) the necessity for obtaining court or other governmental approval
concerning the acquisition, holding or disposition of real or personal property,
(iv) fees or other sums payable to trustees, officers, agents, or employees of a
trust, (v) the allocation of receipts and expenditures to income and principal,
(vi) restrictions or limitations on the permissible nature, amount or
concentration of trust investments or requirements relating to the titling,
storage or other manner of holding or investing trust assets, or (vii) the
establishment of fiduciary or other standards or responsibilities or limitations
on the acts or powers of trustees.

   10.9  Severability. Any term or provision of this Trust Agreement that
is invalid or unenforceable in any situation or in any jurisdiction shall not
affect the validity or enforceability of the offending term or provision in any
other situation or in any other jurisdiction, or the validity or the
enforceability of the remaining terms and provisions, unless the invalidity or
unenforceability of such provision will materially change the purpose or effect
of this Trust Agreement.

   10.10 Further Assurances. Each Party shall execute, acknowledge,
deliver, file and record any and all such writings and take any and all such
other actions, as each other Party may consider reasonably necessary,
appropriate or helpful in order to further evidence, effectuate, secure and
perfect the benefits to be afforded to the Beneficial Owners as contemplated in
this Trust Agreement and the Trustee's Plan of Reorganization.

                                    * * * * *

                            (signature pages follow)

                                       21
<PAGE>

         IN WITNESS WHEREOF, the Parties hereto have caused this Trust Agreement
to be duly executed as of the date set forth in the preamble hereto by their
authorized representative as indicated below.

                                               FREEDOM FINANCIAL GROUP, INC.

                                               By: /s/ Jerry Fenstermaker
                                                  ------------------------------
                                               Name: Jerry Fenstermaker
                                               Title: President

                                               VERN SCHWEIGERT,
                                               as Regular Trustee

                                               By: /s/ Vern Schweigert
                                                  ------------------------------
                                               Name: Vern Schweigert
                                               Title: Regular Trustee

                                               CHRISTIANA BANK & TRUST COMPANY,
                                               as Delaware Trustee

                                               By: /s/ Debra A. Balliet
                                                  ------------------------------
                                               Name: Debra A. Balliet
                                               Title: Trust Officer

                                       22
<PAGE>

                                   SCHEDULE 1

                              SCHEDULE OF EXHIBITS

Exhibit 1            -        Beneficial Owners and Shares

Exhibit 2            -        Investment Guidelines

Exhibit 3            -        Form of Trust Certificate

<PAGE>

                                    EXHIBIT 1

                          BENEFICIAL OWNERS AND SHARES

                                 attached hereto

<PAGE>

                                    EXHIBIT 2

                              INVESTMENT GUIDELINES

I.    United States-Direct Obligations (e.g., Treasury Bills, Notes and Bonds).
      Any United States direct obligation that has a maturity of not more than 3
      months from the date of purchase.

II.   Government Agencies and Instrumentalities-Direct or Indirect Obligations
      (e.g., notes issued by the Federal Home Loan Bank and Federal National
      Mortgage Association). Any government agency or instrumentality direct or
      indirect obligation that has a maturity of not more than 3 months from the
      date of purchase.

III.  Commercial Paper. Any commercial paper note of a foreign or domestic
      corporation that has a maturity of not more than three months and that is
      rated no lower than A-1 by S&P or P-1 by Moody's.

IV.   Medium Term Notes. Any promissory note of a domestic corporation that has
      a maturity of not more than 3 months from the date of purchase and that is
      rated not lower than A by S&P or Moody's.

V.    Bank Securities. Any foreign or domestic banker's acceptance, certificate
      of deposit, time deposit or note that has a maturity of not more than 3
      months from the date of purchase and that is rated no lower than A by
      Moody's or S&P.

VI.   Municipal Securities. Any issue that includes direct or indirect
      obligations of any state, county, city or other qualifying entity. A
      short-term issue may be rated no lower than MIG 1 or SP-1; a long-term
      issue may be rated no lower than A by S&P or Moody's. Issues must have a
      maturity or redemption option of not more than 3 months from the date of
      purchase.

VII.  Money Market Fund. Any money market fund that has minimum net assets of
      $500 million and an average portfolio maturity of not more than 180 days.

VIII. Other (e.g., U.S. dollar asset-backed securities, private placements, U.S.
      dollar obligations of foreign governments, supra-national organizations,
      and domestic and foreign corporations). Any other investment that has a
      maturity of not more than 3 months from the date of purchase and that is
      rated no lower than A by Moody's or S&P.

                                      2-1
<PAGE>

                                    EXHIBIT 3

                            FORM OF TRUST CERTIFICATE

                                 attached hereto

                                      3-1EMPLOYMENT AGREEMENT

         THIS AGREEMENT is entered in between Freedom Financial Group, Inc., a
Delaware corporation (hereinafter "Company") and Jerald L. Fenstermaker of
Springfield, Missouri, (hereinafter "Employee) and on this 17th day of
September, 2004, agree as follows:

         WITNESSETH:

         WHEREAS, Employee is presently President of Company;

         WHEREAS, Company and Employee desire to enter into an agreement for
employment of Employee for a period of two (2) years from and after September
15, 2004;

         NOW, THEREFORE, in consideration of the covenants and agreements as
hereinafter set forth, the parties agree as follows:

         1. Employment. Subject to the terms and conditions of this Agreement,
effective as of September 15, 2004, (the "Effective Date"), the Company hereby
employs Employee to perform the duties described in Section 4 hereof. Employee
shall be an employee at will, subject only to the express provisions of this
Agreement.

         2. Term of the Agreement. The term of this Agreement is two (2) years,
beginning September 15, 2004 and ending September 14, 2006.

         3. Compensation of Employee:

                  (a) Base Compensation: Employee will be paid an annual base
         salary of $185,000.00 a year, payable in equal payments, bi-monthly, on
         the same day and date as other employees of Company are paid. Annual
         compensation of $185,000.00 is gross compensation. Company will deduct
         therefrom the normal and usual deductions for taxes, insurance and
         deductions of a similar nature.

                  (b) Additional Compensation: In addition to Employee's base
         compensation, Employee shall be entitled to additional compensation of
         $16,250.00 a quarter with total additional compensation not to exceed
         $65,000.00 in a twelve (12) month period. If the Company meets
         financial goals of minimum net losses or income, as reflected on
         Exhibit "A" attached hereto for any quarters during the term of this
         agreement, commencing with the quarter beginning October 1, 2004, and
         continuing quarterly thereafter, as determined by the reviewed
         financial statements by outside auditors of the Company. For each
         quarter in which the Company meets or exceeds the financial goals as
         reflected on Exhibit A, Employee will be paid the gross sum of
         $16,250.00, less all applicable taxes and all other usual and normal
         deductions. The financial goals of the Company are cumulative meaning
         that if the financial goals for any one quarter are not met or
         exceeded, but the financial goals of the company for two or more
         consecutive quarters are met or exceeded, then Employee is entitled to
         be paid the quarterly additional compensation of $16,250.00 for each of
         the quarters which have been combined. The goals are cumulative for a
         period of one year. The present goals are cumulative for the period
         ending September 30, 2005. Goals for the first three quarters of 2006
         have not yet been set by the board of Company and Employee. When the
         financial goals of the Company are established for those quarters, they
         will be reflected as a part of this Agreement as Exhibit "B".

<PAGE>

                  (c) Effect of Termination on Compensation: If Employee's
         employment is terminated without cause, Employee shall receive his base
         salary through the month in which the termination becomes effective. In
         addition, he will receive all additional compensation to which he is
         entitled under the terms hereof ending with the quarter immediately
         before the effective date of his termination. In addition thereto, if
         Employee's employment is not terminated for cause, he shall receive
         severance pay of $3,000.00 monthly for the remaining term of this
         Agreement up to September 14, 2006. If Employee resigns from his
         employment prior to September 14, 2006, then Company will owe Employee
         compensation only for his employment up to the date of his resignation.

         4. Duties of Employee. Employee shall, during the term hereof, have the
title of President of the Company, and shall perform such duties as and have
such authority as are customary and usual for such position. Without limiting
the generality of the foregoing:

                  (a) Full Time. Employee shall devote Employee's full working
         time during regular and normal business hours to the business of the
         Company and shall, in accordance with professional standards generally
         observed by senior management of the Company, seek to maximize the
         financial success of the Company's business and to optimize the
         goodwill and reputation of the Company within its industry and with its
         customers. Nothing contained herein shall be construed to prohibit
         Employee from engaging in other businesses so long as such business
         does not compete with the business of the Company or conflict with the
         Employee's duties hereunder;

                  (b) Reporting. Employee shall report to the Board of Directors
         of the Company.

         5. Expenses. Employee will be authorized to incur reasonable and
necessary expenses in connection with the discharge of Employee's duties and in
promoting the business of the Company. The Company, according to its usual
practices, will reimburse Employee for all such reasonable and necessary
expenses upon presentation of a properly itemized account of such expenditures,
setting forth the business reasons for such expenditures.

         6. Other Benefits. Employee shall be entitled to such pension, profit
sharing and fringe benefits, such as hospitalization, medical, life and other
insurance benefits, sick pay and short-term disability, paid time off including
vacation, as determined for similarly situated employees of the Company by the
President and Chief Executive Officer of the Company and approved by the Board
of Directors of the Company (the "Fringe Benefits"). Employee acknowledges that
the Company shall have the right to change the Fringe Benefits from time to
time, and such changes shall not be deemed a termination of employment by the
Company.

<PAGE>

         7. Stock Ownership. Employee currently owns 700,000 shares of common
stock of Company. Employee shall be protected against dilution of his shares
during the term of this Agreement. Unless terminated for cause, if Employee's
employment with Company is terminated, either voluntarily or involuntarily,
Employee shall have the right to put his stock to Company at ninety percent
(90%) of its value as determined by a recognized market for the stock of Company
as of the date of termination of Employee's employment with Company. In the
event there is no recognized market for the shares of stock of Company, then
Employee shall have the right to put his stock to Company at ninety (90%)
percent of its fair market value as of the date of his termination. The parties
agree that until the Preferred Stock is fully paid, the Common Stock of the
Company has no value. If Employee resigns his employment or voluntarily
terminates his employment with Company during the first year of the term of this
Agreement, then he will voluntarily assign to the Company at no cost or charge
to Company 350,000 shares of stock in Company which Employee currently owns.
Employee will be under no obligation to return any shares of stock to Company if
his employment is terminated for any reason on or after September 15, 2005. In
the event of the sale or liquidation of Company or if Employee is totally
disabled, then all 700,000 shares of stock which Employee currently owns are
deemed owned and vested in Employee.

         8. Termination by the Company Due to Death, Disability, Cause or Other.

                  (a) Death, Disability. In the event of Employee's death during
         the Term, this Agreement and the employment of Employee hereunder shall
         terminate automatically as of the date of death, except that Sections
         9, 10, 11, 12, 13, 14 and 15 shall survive such termination. In the
         event of Employee's Disability (as hereinafter defined) for ninety (90)
         consecutive calendar days or one hundred and twenty (120) calendar days
         in the aggregate during any consecutive twelve (12) months of the Term,
         the Company shall have the right, by written notice to Employee, to
         terminate this Agreement and the employment of Employee hereunder as of
         the date of such notice, except that Sections 9, 10, 11, 12, 13, 14 and
         15 shall survive such termination. "Disability" for the purposes of
         this Agreement shall mean Employee's physical or mental disability so
         as to render Employee incapable of carrying out substantially all of
         Employee's duties under this Agreement. In the event of termination
         pursuant to this subsection (a), the Company shall not be under any
         further obligation to Employee hereunder except to pay Employee (or
         Employee's estate) within thirty (30) days of such termination (a)
         salary, declared bonuses and benefits (including paid time off pay)
         accrued and payable up to the date of termination, (b) reimbursement
         for expenses accrued and payable under Section 5 hereof through the
         date of termination, and (c) continued Employee's Fringe Benefits other
         than paid time off (as defined in Exhibit A attached hereto) for the
         remaining term of this agreement.

                  (b) Cause. The Company shall have the right to discharge
         Employee and terminate this Agreement for Cause (as hereinafter
         defined) by written notice to Employee and this Agreement shall be
         deemed terminated as of the date of such notice, except that Sections
         9, 10, 11, 12, 13, 14 and 15 shall survive such termination. For the
         purpose of this Agreement, "Cause" shall mean (a) conviction of, or a
         plea of nolo contendere to, a felony, (b) substantial neglect,
         substantial misconduct or substantial failure (including conflict of
         interest) in the carrying out of Employee's duties in accordance with
         Section 4 hereof, (c) the engaging by Employee in a material act or
         acts of dishonesty adversely affecting the Company, any affiliate or
         any client of the Company, or (d) habitual drunkenness or the illegal
         use of drugs by Employee. In the event of a termination pursuant to
         this subsection (b), the Company shall not be under any further
         obligation to Employee hereunder, except to pay Employee within thirty
         (30) days of such termination (i) salary, declared bonuses and benefits
         (including paid time off pay) accrued and payable up to the date of
         termination, and (ii) reimbursement for expenses accrued and payable
         under Section 5 hereof through the date of termination.

<PAGE>

                  (c) Termination by the Company Other Than Due to Death,
         Disability or Cause. This Agreement and the employment of Employee
         hereunder may be terminated by the Company other than pursuant to
         subsection (a) or subsection (b) by giving thirty (30) days prior
         written notice to the Employee at any time, and such termination shall
         be effective as of the date of termination stated in such notice,
         except that Sections 9, 10, 11, 12, 13, 14 and 15 shall survive such
         termination. In the event of a termination pursuant to this subsection
         (c), the Company shall not be under any further obligation to Employee
         hereunder, except to pay Employee (a) within thirty (30) days of such
         termination (i) salary, declared bonuses and benefits (including paid
         time off pay) accrued and payable up to the date of termination, (ii)
         reimbursement for expenses accrued and payable under Section 5 hereof
         through the date of termination, and (b) Severance Benefits as defined
         below.

                  (d) Severance Benefits. For purposes of this Agreement,
         "Severance Benefits" shall mean (a) The sum of $3,000.00 a month for
         each month that remains under the term of this agreement, which be
         payable to Employee monthly starting with the first month following
         termination; and (b) continuation of all of Employee's Fringe Benefits,
         except vacation pay, for the remaining term of this agreement. To the
         extent any of the Fringe Benefits are not readily available to the
         Employee following termination of employment, the monthly cost thereof,
         except vacation pay, incurred by Company prior to termination shall be
         paid to Employee at the same time as the Severance Base Salary.

         9. Termination by the Employee. The Employee shall have the right to
terminate Employee's employment under this Agreement by giving thirty (30) days
prior written notice to the Company at any time, and such termination shall be
effective as of the date of termination stated in such notice, provided that the
Company may elect to accelerate the date of termination. Sections 9, 10, 11, 12,
13, 14 and 15 shall survive such termination. In the event Employee terminates
employment under this Section 9, the Company shall not be under any further
obligation to Employee hereunder, except to promptly pay Employee (a) salary,
declared bonuses and benefits (including vacation pay) accrued and payable up to
the date of termination, and (b) reimbursement for expenses accrued and payable
under Section 5 hereof through the date of termination.
<PAGE>

         10. Non-Disclosure. Employee agrees that during and after the
expiration of the Term, any confidential information concerning the Company or
its businesses, or customers of the Company (including, without limitation,
trade secrets, plans, processes, customer lists, customer names and all other
information relating to customers, price lists, pricing policies, any and all
financial information, employee lists, prospect lists, contracts and
compilations of information, records and specifications) which comes to Employee
in the course of Employee's employment and which is not (independent of
disclosure by Employee) public knowledge or general knowledge in the trade,
shall remain confidential and, except as required by legal process, may not be
used or made available for any purpose except as necessary in the performance of
Employee's duties hereunder. Employee agrees that, upon termination of
Employee's employment hereunder, Employee will promptly deliver to the Company
all materials constituting confidential information (including all copies
thereof that are in the possession of, or under the control of, the Employee),
and Employee will not make or retain any copies or extracts of such materials in
any form.

         11. Governing Law and Choice of Venue. This Agreement shall be governed
by and interpreted in accordance with the laws of the State of Missouri. The
parties hereto agree to submit to the jurisdiction of the courts of Missouri for
the purposes of enforcement of this Agreement or any action that may arise
relating to the employment relationship or the enforcement of this Agreement
between Employee and Company. The parties further agree that any such action
must be brought in a court of competent jurisdiction sitting in the State of
Missouri.

         12. Severability. Each of the sections contained in this Agreement
shall be enforceable independently of every other section in this Agreement, and
the invalidity or unenforceability of any section shall not invalidate or render
unenforceable any other section contained in this Agreement. Employee
acknowledges that the restrictive covenants contained in this Agreement are a
condition of this Agreement and are reasonable and valid in geographical and
temporal scope and in all other respects. If any court determines that any of
the covenants contained herein, or any part of any of them, is invalid or
unenforceable, the remainder of such covenants and parts thereof shall not
thereby be affected and shall be given full effect, without regard to the
invalid portion. If any court determines that any of such covenants, or any part
thereof, is invalid or unenforceable because of the geographic or temporal scope
of such provision, such court shall reduce such scope only to the extent
necessary to make such covenants valid and enforceable.

         13. Survival of Certain Provisions. Any termination or expiration of
this Agreement or suspension of termination of Employee's employment by Company
notwithstanding, the provisions of this Agreement that are intended to continue
and survive shall so continue and survive. This Agreement and all rights
hereunder shall inure to the benefit of Company, its successors and assigns.

         14. Cumulative Remedies and Fees. All rights and remedies of Company
shall be cumulative and Company shall have the right to obtain specific
performance against Employee for the enforcement of this Agreement. In addition
to its other remedies, Employee agrees that should Company elect to remedy any
actual or threatened breach of this Agreement by filing suit, Company shall be
entitled to a judgment and award against Employee in an amount equal to
Company's reasonable attorney's fees and costs associated with enforcement of
any term of this Agreement.

<PAGE>

         15. Equitable Relief. Employee acknowledges that, due to the unique
nature of the Confidential Information, Inventions, and Work Product, there may
be no adequate remedy at law for any breach of the obligations hereunder, and
that any such breach may allow Employee or third parties to unfairly compete
with Company. For that reason, it is mutually agreed that upon any such breach
or any threat thereof, Company shall be entitled to seek appropriate equitable
relief, without bond, in addition to whatever remedies it might have at law in
connection with any breach or enforcement of Employee's obligations hereunder or
the unauthorized use or release of any Confidential Information, Inventions,
and/or Work Product. Employee will notify Company in writing immediately upon
the occurrence of any such unauthorized release or other breach of which
Employee becomes aware.

         16. Prior Agreements and Amendments. Employee hereby acknowledges
receipt of a signed counterpart of this Agreement and acknowledges that it is
Employee's entire agreement with Company concerning the subject matter, thereby
canceling, terminating and superseding any previous oral or written
understandings or agreements with Company or any officer or representative of
Company. Nothing in this Agreement shall be deemed to limit the right of Company
to terminate employment of Employee at will, with or without cause. No amendment
or modification of this Agreement shall be valid or binding upon Company unless
made in writing and signed by an officer of Company or upon Employee unless made
in writing and signed by him.

         17. Waiver. Employee's or Company's failure to insist upon strict
compliance with any provision hereof or any other provision of this Agreement or
the failure to assert any right Employee or Company may have hereunder shall not
be deemed to be a waiver or subsequent breach of such provision or right or any
other provision or right of this Agreement.

         18. Notices. Any notice required by this Agreement or given in
connection with it, shall be in writing and shall be given to the appropriate
party by personal delivery, or by certified mail, postage prepaid, or recognized
overnight delivery service.

                  If to Company:

                  Freedom Financial Group, Inc.
                  3058 East Elm St.
                  Springfield, MO 65802

                  If to Employee:

                  Jerald L. Fenstermaker

                  ----------------------

                  ----------------------

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

<PAGE>

         IN WITNESS WHEREOF, the parties have duly executed this Agreement under
seal as of the day and year first above written.

                                    COMPANY:

                                    FREEDOM FINANCIAL GROUP, INC.
                                    a Delaware corporation

                                    By:   /s/ Robert Chancellor
                                         ---------------------------------------
                                    Name:  Robert Chancellor
                                    Title: Chairman, Compensation Committee

                                    EMPLOYEE:

                                    /s/ Jerald L. Fenstermaker
                                    --------------------------------------------
                                    Jerald L. Fenstermaker

<PAGE>

                                    EXHIBIT A

                             TO EMPLOYMENT AGREEMENT

QV-IV, 2004                Operating Income           ($91,000.00)

QV-I, 2005                 Operating Income           ($24,000.00)

QV-II, 2005                Operating Income            $53,000.00

QV-III, 2005               Operating Income           $142,000.00

QV-IV                      Operating Income           $225,000.00

                                   EXHIBIT "B"

                             TO EMPLOYMENT AGREEMENT

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