Document:

Exhibit 10.6

                                 PROMISSORY NOTE

$253,000                                                      September 16, 2002

        FOR VALUE RECEIVED, the undersigned, Cedric Kushner Promotions, Ltd. and
Zenascent, Inc. (collectively, the "Company"), jointly and severally, hereby
promise to pay to the order of Cedric Kushner ("Kushner") the principal sum of
TWO HUNDRED FIFTY THREE THOUSAND DOLLARS ($253,000) in lawful money of the
United States of America in immediately available funds on or before September
15, 2005 (the "Maturity Date").

        Any outstanding principal amount shall accrue interest at a per annum
rate equal to 7% (compounded annually based on a 365-day year), commencing on
the date hereof and ending on the Maturity Date.

        Company hereby waives diligence, presentment, demand, protest and notice
of any kind whatsoever. The nonexercise by Kushner of any of its rights
hereunder in any particular instance shall not constitute a waiver thereof in
that or any subsequent instance. Company shall pay on demand all reasonable
out-of-pocket costs and expenses of collection, including reasonable attorney
fees incurred or paid by Kushner in enforcing this Promissory Note.

        This Promissory Note shall be construed in accordance with and governed
by the laws of the State of New York. Company hereby irrevocably (i) agrees that
any litigation, action or proceeding arising out of or relating to this
Promissory Note may be instituted in any state or federal court in the State of
New York and (ii) waives any objection which it may have to the venue of any
such litigation, action or proceeding and by its signature below consents to the
personal jurisdiction of such courts if litigation is initiated to collect the
sums due under this Promissory Note.

        This Promissory Note cannot be modified except by a written instrument
signed by each of Company and Kushner.

CEDRIC KUSHNER PROMOTIONS, LTD.

By: /s/James DiLorenzo
    ----------------------------
Name: James DiLorenzo
Title:   President

ZENASCENT, INC.

By: /s/ James DiLorenzo
    ----------------------------
Name: James DiLorenzo
Title:   Executive Vice PresidentExhibit 10.7

                                 PROMISSORY NOTE

$442,856                                                        October 25, 2002

        FOR VALUE RECEIVED, the undersigned, Cedric Kushner Promotions, Ltd. and
Zenascent, Inc. (collectively, the "Company"), jointly and severally, hereby
promise to pay to the order of Cedric Kushner ("Kushner") the principal sum of
FOUR HUNDRED FORTY TWO THOUSAND EIGHT HUNDRED FIFTY SIX DOLLARS ($442,856) in
lawful money of the United States of America in immediately available funds on
or before October 24, 2005 (the "Maturity Date").

        Any outstanding principal amount shall accrue interest at a per annum
rate equal to 7% (compounded annually based on a 365-day year), commencing on
the date hereof and ending on the Maturity Date.

        Company hereby waives diligence, presentment, demand, protest and notice
of any kind whatsoever. The nonexercise by Kushner of any of its rights
hereunder in any particular instance shall not constitute a waiver thereof in
that or any subsequent instance. Company shall pay on demand all reasonable
out-of-pocket costs and expenses of collection, including reasonable attorney
fees incurred or paid by Kushner in enforcing this Promissory Note.

        This Promissory Note shall be construed in accordance with and governed
by the laws of the State of New York. Company hereby irrevocably (i) agrees that
any litigation, action or proceeding arising out of or relating to this
Promissory Note may be instituted in any state or federal court in the State of
New York and (ii) waives any objection which it may have to the venue of any
such litigation, action or proceeding and by its signature below consents to the
personal jurisdiction of such courts if litigation is initiated to collect the
sums due under this Promissory Note.

        This Promissory Note cannot be modified except by a written instrument
signed by each of Company and Kushner.

CEDRIC KUSHNER PROMOTIONS, LTD.

By: /s/James DiLorenzo
    ---------------------------
Name: James DiLorenzo
Title:   President

ZENASCENT, INC.

By: /s/ James DiLorenzo
    ---------------------------
Name: James DiLorenzo
Title:   Executive Vice PresidentExhibit 10.8

                                                               [GRAPHIC OMITTED]

CEDRIC KUSHNER PROMOTIONS, LTD.

1 Montauk Highway
Southampton, NY 11968
Tel: (631) 726-2700
Fax: (631) 726-7777

October 31, 2002

Mr. Steven Angel
245 East 63rd Street, Apt. 1420
New York, NY 10021

Dear Mr. Angel:

This letter will serve as an amendment to the Consulting Agreement dated May 1,
2002 between Zenascent, Inc. (the "Company") and Steven Angel (the
"Consultant").

In reference to Section 3, Effective Date, Term and Termination of the
Consulting Agreement, the Company shall extend the term of this agreement. This
agreement shall now terminate on November 30, 2002.

All other aspects of this Consulting Agreement shall remain effective for the
entire term of the Agreement.

If the foregoing change is satisfactory, please indicate your acceptance below
and return this letter.

Very truly yours,

ZENASCENT, INC.

/s/ James DiLorenzo
----------------------------------
Jim DiLorenzo, Vice President

Accepted and agreed to
This the 31st day of October, 2002

/s/ Steven Angel
----------------------------------
Steven Angel<PAGE>

                                                                    Exhibit 10.1

                           EMPLOYMENT AGREEMENT

         THIS AGREEMENT is entered into as of the first day of July 2002, by and
between HopFed Bancorp, Inc. (the "Company") and Michael L. Woolfolk (the
"Employee").

         WHEREAS, the Company desires to employ the Employee; and

         WHEREAS, the Employee is willing to commence employment with the
Company on the terms and conditions set forth below, and the Board of Directors
has determined that such terms are reasonable and in the best interests of the
Company.

         NOW, THEREFORE, it is AGREED as follows:

         1. Employment. The Employee is hereby employed by the Company as
Executive Vice President and Chief Operations Officer of the Company. Except to
the extent that the President and Chief Executive Officer of the Company shall
have delegated a portion of such authority to one or more other officers, the
Employee shall provide general supervision of the operations of the Company to
insure that assigned duties and responsibilities are carried out and shall
perform such other administrative and management services for the Company as are
currently rendered and as are customarily performed by persons situated in a
similar executive capacity. The Employee shall also promote, by entertainment or
otherwise, as and to the extent permitted by law, the business of the Company.

         2. Consideration from Company Joint, and Several Liability. In lieu of
paying the Employee a base salary during the term of this Agreement, the Company
hereby agrees that to the extent permitted by law, it shall be jointly and
severally liable with its subsidiary, Heritage Bank (the "Bank"), for the
payment of all amounts due under the employment agreement of even date herewith
between the Bank and the Employee. Nevertheless, the Board may in its discretion
at any time during the term of this Agreement agree to pay the Employee a base
salary for the remaining term of this Agreement. If the Board agrees to pay such
salary, the Board shall thereafter review, not less often than annually, the
rate of the Employee's salary, and in its sole discretion may decide to increase
his salary.

         3. Discretionary Bonuses. The Employee shall participate in an
equitable manner with all other senior management employees of the Company in
discretionary bonuses that the Board may award from time to time to the
Company's senior management employees. No other compensation provided for in
this Agreement shall be deemed a substitute for the Employee's right to
participate in such discretionary bonuses.

         4. (a) Participation  in Retirement,  Medical and Other Plans. The
Employee shall be entitled to participate in any plan that the Company maintains
for the benefit of its employees if the plan relates to (i) pension,
profit-sharing, or other retirement benefits, (ii) medical insurance or the
reimbursement of medical or dependent care expenses, or (iii) other group
benefits, including disability and life insurance plans.

<PAGE>

            (b) Employee Benefits. The Employee shall participate in any fringe
benefits that are or may become available to the Company's senior management
employees, including, for example: any stock option or incentive compensation
plans and any other benefits that are commensurate with the responsibilities and
functions to be performed by the Employee under this Agreement.

            (c) Expenses. The Employee shall be reimbursed for all reasonable
out-of-pocket business expenses that he shall incur in connection with his
services under this Agreement upon substantiation of such expenses in accordance
with the policies of the Company.

         5. Term. The Company hereby employs the Employee, and the Employee
hereby accepts such employment under this Agreement, for the period commencing
on the date hereof (the "Effective Date") and ending 36 months thereafter (or
such earlier date as is determined in accordance with Section 9 hereof).
Additionally, on each annual anniversary date from the Effective Date, this
Agreement and the Employee's term of employment shall be extended for an
additional one-year period beyond the then effective expiration date, provided
that the Board determines in a duly adopted resolution that the performance of
the Employee has met the Board's requirements and standards, and that this
Agreement shall be extended.

         6. Loyalty Full Time and Attention.

            (a) During the period of his employment hereunder and except for
illness, reasonable vacation periods, and reasonable leaves of absence, the
Employee shall devote all his full business time, attention, skill, and efforts
to the faithful performance of his duties hereunder to the Company and its
subsidiaries; provided that, from time to time, the Employee may serve on the
board of directors of, and hold any other offices or positions in, companies or
organizations, that will not present any conflict of interest with the Company
or any of its subsidiaries or affiliates, or unfavorably affect the performance
of Employee's duties pursuant to this Agreement, or will not violate any
applicable statute or regulation. "Full business time" is hereby defined as that
amount of time usually devoted to like companies by similarly situated executive
officers. During the term of his employment under this Agreement, the Employee
shall not engage in any business or activity contrary to the business affairs or
interests of the Company, or be gainfully employed in any other position or job
other than as provided above.

            (b) Nothing contained in this Section 6 shall be deemed to prevent
or limit the Employee's right to invest in the capital stock or other securities
of any business dissimilar from that of the Company, or, solely as a passive or
minority investor, in any business.

         7. Standards. The Employee shall perform his duties under this
Agreement in accordance with such reasonable standards as the Board may
establish from time to time. The Company will provide the Employee with the
working facilities and staff customary for similar executive officers and
necessary for him to perform his duties.

<PAGE>

         8. Vacation and Sick Leave. The Employee shall be entitled, without
loss of pay, to absent himself voluntarily from the performance of his duties
under this Agreement in accordance with the terms set forth below, all such
voluntary absences to count as vacation time; provided that:

            (a) The Employee shall be entitled to an annual vacation in
accordance with the policies periodically established by the Board for senior
management employees of the Company.

            (b) The Employee shall not receive any additional compensation from
the Company on account of his failure to take a vacation, and the Employee shall
not accumulate unused vacation from one fiscal year to the next, except in
either case to the extent authorized by the Board.

            (c) In addition to the aforesaid paid vacations, the Employee shall
be entitled, without loss of pay, to absent himself voluntarily from the
performance of his employment obligations with the Company for such additional
periods of time and for such valid and legitimate reasons as the Board may in
its discretion approve. Further, the Board may grant to the Employee a leave or
leaves of absence, with or without pay, at such time or times and upon such
terms and conditions as the Board in its discretion may determine.

            (d) In addition, the Employee shall be entitled to an annual sick
leave benefit as established by the Board.

         9. Termination  and  Termination  Pay.  Subject to  Section  11
hereof,  the  Employee's  employment  hereunder  may be terminated under the
following circumstances:

            (a) Death. The Employee's employment under this Agreement shall
terminate upon his death during the term of this Agreement, in which event the
Employee's estate shall be entitled to receive the compensation due the Employee
through the last day of the calendar month in which his death occurred.

            (b) Disability. The Company may terminate the Employee's employment
after having established, through a determination by the Board, the Employee's
Disability. For purposes of this Agreement, "Disability" means a physical or
mental infirmity that impairs the Employee's ability to substantially perform
his duties under this Agreement and that results in the Employee becoming
eligible for long-term disability benefits under the Company's long-term
disability plan (or, if the Company has no such plan in effect, that impairs the
Employee's ability to substantially perform his duties under this Agreement for
a period of 180 consecutive days). The Employee shall be entitled to the
compensation and benefits provided for under this Agreement for (i) any period
during the term of this Agreement and prior to the establishment of the
Employee's Disability during which the Employee is unable to work due to the
physical or mental infirmity, or (ii) any period of Disability that is prior to
the Employee's termination of employment pursuant to this Section 9(b); provided
that any benefits paid pursuant to the Company's long-term disability plan will
continue as provided in such plan.

<PAGE>

            (c) For Just Cause. The Board may, by written notice to the
Employee, immediately terminate his employment at any time, for Just Cause. The
Employee shall have no right to receive compensation or other benefits for any
period after termination for Just Cause. Termination for "Just Cause" shall mean
termination because of, in the good faith determination of the Board, the
Employee's personal dishonesty, incompetence, willful misconduct, breach of
fiduciary duty involving personal profit, intentional failure to perform stated
duties, willful violation of any law, rule or regulation (other than traffic
violations or similar offenses) or final cease-and-desist order, or material
breach of any provision of this Agreement. Notwithstanding the foregoing, the
Employee shall not be deemed to have been terminated for Just Cause unless there
shall have been delivered to the Employee a copy of a resolution duly adopted by
the affirmative vote of not less than a majority of the entire membership of the
Board (excluding the Employee if a member of the Board) at a meeting of the
Board called and held for the purpose (after reasonable notice to the Employee
and an opportunity for the Employee to be heard before the Board), finding that
in the good faith opinion of the Board the Employee was guilty of conduct set
forth above in the second sentence of this Subsection (c) and specifying the
particulars thereof in detail.

            (d) Without Just Cause. Subject to the provisions of Section 11
hereof, the Board may, by written notice to the Employee, immediately terminate
his employment at any time for any reason; provided that, if such termination is
for any reason other than pursuant to Sections 9(a), (b) or (c) above, the
Employee shall be entitled to receive the following compensation and benefits:
(i) the salary provided pursuant to Section 2 hereof, up to the date of
expiration of the term (including any renewal term then in effect) of this
Agreement (the "Termination Date") and (ii) the cost to the Employee of
obtaining all health, life, disability and other benefits (excluding any bonus,
stock option or other compensation benefits) in which the Employee would have
been eligible to participate through the Termination Date based upon the benefit
levels substantially equal to those that the Company provided for the Employee
at the date of termination of employment. Said sum shall be paid, at the option
of the Employee, either (1) in periodic payments over the remaining term of this
Agreement, as if the Employee's employment had not terminated, or (2) in one
lump sum within 10 days of such termination.

            (e) Termination or Suspension Under Federal Law.

                (1) If the Employee is removed and/or permanently prohibited
from participating in the conduct of the Bank's affairs by an order issued under
Sections 8(e)(4) or 8(g)(1) of the Federal Deposit Insurance Act ("FDIA") (12
U.S.C. ss.1818(e)(4) or (g)(1)), all obligations of the Company under this
Agreement shall terminate, as of the effective date of the order, but vested
rights of the parties shall not be affected.

                (2) If the Bank is in default (as "defined in Section 3(x)(1) of
FDIA), all obligations under this Agreement shall terminate as of the date of
default; however, this Paragraph 9(e)(2) shall not affect the vested rights of
the parties.

                (3) All obligations under this Agreement shall terminate, except
to the extent that continuation of this Agreement is necessary for the continued
operation of the Company and the Bank: (A) by the Director of the Office of
Thrift Supervision ("OTS"), or his or her designee, at the time that the Federal
Deposit Insurance Corporation enters into an agreement to provide assistance to
or on behalf of the Bank under the authority contained in

<PAGE>

Section 13(c) of the FDIA; or (B) by the Director of the OTS, or his or her
designee, at the time that the Director of the OTS, or his or her designee,
approves a supervisory merger to resolve problems related to operation of the
Bank or when the Bank is determined by the Director of the OTS to be in an
unsafe or unsound condition. Such action shall not affect any vested rights of
the parties.

                (4) If a notice served under Section 8(e)(3) or (g)(1) of the
FDIA (12 U.S.C.ss.1818(e)(3) or (g)(1)) suspends and/or temporarily prohibits
the Employee from participating in the conduct of the Bank's affairs, the
Company's obligations under this Agreement shall be suspended as of the date of
such service unless stayed by appropriate proceedings. If the charges in the
notice are dismissed, the Company may in its discretion (A) pay the Employee all
or part of the compensation withheld while its contract obligations were
suspended, and (B) reinstate (in whole or in part) any of its obligations that
were suspended.

                (5) If any of the provisions of this Paragraph 9(e) conflict
with 12 C.F.R.ss.563.39(b), the latter shall prevail.

            (f) Voluntary Termination by Employee. Subject to the provisions of
Section 11 hereof, the Employee may voluntarily terminate employment with the
Company during the term of this Agreement, upon at least 60 days' prior written
notice to the Board, in which case the Employee shall receive, only his
compensation, vested rights and employee benefits accrued up to the date of his
termination.

            (g) Limitation by Section 18(k) of the FDIA. Notwithstanding
anything herein to the contrary, any payments made to the Employee pursuant to
this Agreement, or otherwise, are subject to and conditioned upon their
compliance with Section 18(k) of the FDIA (12 U.S.C. ss.1828(k)) and any
regulations promulgated thereunder.

         10. No Mitigation. The Employee shall not be required to mitigate the
amount of any payment provided for in this Agreement by seeking other employment
or otherwise, and no such payment shall be offset or reduced by the amount of
any compensation or benefits provided to the Employee in any subsequent
employment.

         11. Change in Control.

            (a) Notwithstanding any provision herein to the contrary, if the
Employee's employment under this Agreement is terminated by the Company, without
the Employee's prior written consent and for a reason other than for Just Cause,
death or disability in connection with or within 12 months after any change in
control of the Bank or the Company, which has not been approved in advance by a
two-thirds vote of the full Board of Directors of each of the Bank and the
Company, the Employee shall be paid an amount equal to two times the Employee's
"Base Salary" as defined in the employment agreement of even date herewith
between the Bank and the Employee. The term "change in control" shall mean (1) a
change in the ownership, holding or power to vote more than 25% of the Bank's or
the Company's voting stock, (2) a change in the ownership or possession of the
ability to control the election of a majority of the Bank's or the Company's
directors, or (3) a change in the ownership or possession of the ability to
exercise a controlling influence over the management or policies of the Bank or
the Company by any person or by persons acting as a "group" (within the meaning
of Section 13(d) of the Securities

<PAGE>

Exchange Act of 1934) (except that, in the case of (1), (2) and (3) hereof),
ownership or control of the Bank or its directors by the Company itself shall
not constitute a change in control. The term "person" means an individual other
than the Employee, or a corporation, partnership, trust, association, joint
venture, pool, syndicate, sole proprietorship, unincorporated organization or
any other form of entity not specifically listed herein.

             (b) The sum of the amount payable under Section 11(a) hereof and
any other "parachute payment" as defined under Section 280G(b)(2) of the
Internal Revenue Code of 1986, as amended from time to time (the "Code"), shall
not exceed 2.99 times the Employee's "base amount" as defined in Section
280G(b)(3) of the Code.

             (c) Notwithstanding the foregoing, but only to the extent required
under federal banking law, the amount payable under Section 11(a) hereof shall
be reduced to the extent that on the date of the Employee's termination of
employment, the amount payable under Section 11(a) exceeds the limitation on
severance benefits set forth in Regulatory Bulletin 27a of the OTS, as in effect
on such termination date.

             (d) In the event that any dispute arises between the Employee and
the Company as to the terms or interpretation of this Agreement, including this
Section 11, whether instituted by formal legal proceedings or otherwise,
including an action that Employee takes to enforce the terms of this Section 11
or to defend against any action taken by the Company, the Employee shall be
reimbursed for all costs and expenses, including reasonable attorneys' fees,
arising from such disputes or proceedings, provided that the Employee shall have
obtained a final judgment by a court of competent jurisdiction in his or her
favor. Such reimbursement shall be paid within 10 days of Employee's providing
the Company with written evidence, which may be in the form, among others, of a
canceled check or receipt, of any costs or expenses incurred by the Employee.

         12. Successors and Assigns.

             (a) This Agreement shall inure to the benefit of and be binding
upon any corporate or other successor of the Company that shall acquire,
directly or indirectly, by merger, consolidation, purchase or otherwise, all or
substantially all of the assets or stock of the corporation.

             (b) Since the Company is contracting for the unique and personal
skills of the Employee, the Employee shall be precluded from assigning or
delegating his rights or duties hereunder without first obtaining the written
consent of the Company.

         13. Amendments. No amendments or additions to this Agreement shall be
binding unless made in writing and signed by all of the parties, except as
herein otherwise specifically provided.

         14. Applicable Law.  This Agreement  shall be  governed  in all
respects,  whether as to its validity, construction, capacity, performance or
otherwise, by the laws of the Commonwealth of Kentucky,  except to the extent
that Federal law shall be deemed to apply.

<PAGE>

         15. Severability. The provisions of this Agreement shall be deemed
severable and the invalidity or unenforceability of any provision shall not
affect the validity or enforceability of the other provisions hereof.

         16. Entire Agreement.  This Agreement,  together with any understanding
or modifications thereof as agreed to in writing by the parties, shall
constitute the entire agreement between the parties hereto.

         IN WITNESS WHEREOF the parties have executed this Agreement on the day
and year first above written.

ATTEST:                                    HOPFED BANCORP, INC.

                                            By:  /s/ John E. Peck
---------------------------                    ---------------------------------
Secretary                                       John E. Peck, President and
                                                Chief Executive Officer

WITNESS:

                                                /s/ Michael L. Woolfolk
---------------------------                   ----------------------------------
                                                Michael L. Woolfolk

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