Document:

Exhibit 10.2

                           RESTRICTED STOCK AGREEMENT
                                    UNDER THE
                       THE PEOPLES BANCTRUST COMPANY, INC.
                       KEY EMPLOYEE RESTRICTED STOCK PLAN

     THIS  AGREEMENT  is entered into as of September 9, 2005 by and between The
Peoples  BancTrust  Company,  Inc.  (the  "Company")  and Walter A. Parrent (the
"Award Recipient").

     WHEREAS,  the Company  maintains The Peoples  BancTrust  Company,  Inc. Key
Employee  Restricted  Stock  Plan (the  "Plan"),  under  which the  Compensation
Committee of the Board of Directors of the Company (the  "Committee")  may award
restricted  shares of the Company's common stock,  $.10 par value per share (the
"Restricted  Stock"),  to key  employees  and  prospective  key employees of the
Company or its  subsidiaries  as the Committee may determine,  subject to terms,
conditions, or restrictions as it may deem appropriate;

     NOW,  THEREFORE,  in  consideration  of the mutual  promises and  covenants
contained herein, it is hereby agreed as follows:

                                       I.

                                 AWARD OF SHARES

     Under the terms of the Plan, the Company has awarded to the Award Recipient
a  restricted  stock  award  effective  September  9,  2005 of 6,000  shares  of
Restricted Stock subject to the terms, conditions, and restrictions set forth in
the Plan and in this  Agreement.  The definition of all  capitalized  terms used
herein and not otherwise defined herein shall be as provided in the Plan.

                                       II.
                               AWARD RESTRICTIONS

     2.1 The period during which the restrictions imposed on Restricted Stock by
this Agreement are in effect is referred to herein as the  "Restricted  Period."
During the  Restricted  Period,  the Award  Recipient  shall be  entitled to all
rights of a shareholder  of the Company,  including the right to vote the shares
and to receive dividends thereon. The Restricted Stock and the right to vote the
Restricted  Stock and to receive  dividends  thereon may not be sold,  assigned,
transferred, exchanged, pledged, hypothecated or otherwise encumbered during the
Restricted Period.

     2.2 The Restricted Period for the Restricted Stock shall end and the shares
of  Restricted  Stock shall become vested and freely  transferable  as set forth
below:

          With respect to 33-1/3% of the shares of Restricted Stock on September
          9, 2006;

          With  respect to an  additional  33-1/3%  of the shares of  Restricted
          Stock on September 9, 2007; and

          With  respect to an  additional  33-1/3%  of the shares of  Restricted
          Stock on September 9, 2008.

<PAGE>

     2.3 If the employment of the Award Recipient terminates for any reason
other than death, disability,  or termination without Just Cause, as provided in
Section 2.4, any shares of Restricted Stock with respect to which the Restricted
Period has not ended will be immediately forfeited.

     2.4 To the extent  Restricted  Stock has not  otherwise  become  vested and
freely  transferable in accordance with Section 2.2, the Restricted Period shall
end and the Restricted Stock will become fully vested and freely transferable by
the Award  Recipient  or his  estate  (1) upon the death of the Award  Recipient
(other than by suicide),  (2) upon a  determination  by the  Committee  that the
Award  Recipient  has  become  disabled,  (3) upon a  termination  of the  Award
Recipient without Just Cause, or (4) upon a Change in Control.

     2.5 "Just Cause" shall mean  termination  because of the Award  Recipient's
personal dishonestly, 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.

     2.6 "Change in Control" shall mean any one of the following events: (1) the
acquisition  of  ownership,  holding  or  power  to vote  more  than  25% of the
Company's  voting  stock,  (2) the  acquisition  of the  ability to control  the
election of a majority of the  Company's  directors,  (3) the  acquisition  of a
controlling  influence  over the  management  or  policies of the Company by any
person or by persons acting as a "group" (within the meaning of Section 13(d) of
the  Securities  Exchange  Act  of  1934),  or  (4)  during  any  period  of two
consecutive years, individuals (the "Continuing Directors") who at the beginning
of such period  constitute  the Board of Directors of the Company (the "Existing
Board") cease for any reason to constitute at least two-thirds thereof, provided
that any individual whose election or nomination for election as a member of the
Existing  Board was approved by a vote of at least  two-thirds of the Continuing
Directors then in office shall be considered a Continuing Director. For purposes
of defining  Change in Control,  the term "person"  refers to an individual or a
corporation,  partnership,  trust, association,  joint venture, pool, syndicate,
sole proprietorship, unincorporated organization or any other form of entity not
specifically listed herein. The decision of the Committee as to whether a Change
in Control has occurred shall be conclusive and binding.

     2.7  The  Committee  may  declare  the  Restricted  Period  and  shares  of
Restricted Stock fully vested at any time in its discretion.

     2.8 The  Restricted  Stock shall not be issued until the Company has had an
opportunity  to  satisfy  Nasdaq   notification   requirements  and  to  file  a
registration  statement on Form S-8 with the Securities and Exchange  Commission
to register the  Restricted  Stock,  which  notification  and  registration  the
Company  will  make  reasonable   efforts  to  complete  and  file  as  soon  as
administratively practicable after the Award Recipient's employment commences.

                                       -2-
<PAGE>

                                      III.

                               STOCK CERTIFICATES

     3.1 The  stock  certificates  evidencing  the  Restricted  Stock  shall  be
registered in the name of the Award  Recipient and shall be held by the Company,
together with a stock power executed by the Award Recipient in blank, during the
Restricted  Period in accordance  with the terms of the Plan.  The Company shall
place the following legend on the stock certificates:

          The transferability of this certificate and the shares of Common Stock
          represented thereby are subject to the terms and conditions (including
          conditions of forfeiture)  contained in The Peoples BancTrust Company,
          Inc. Key Employee  Restricted Stock Plan (the "Plan") and an agreement
          entered into between the registered owner and the Company  thereunder.
          A copy of the Plan and Agreement is on file at the principal office of
          the Company.

     3.2  Upon  termination  of  the  Restricted  Period  with  respect  to  the
Restricted  Stock,  the  Company  shall  cause a  stock  certificate  without  a
restrictive legend covering the Restricted Stock to be issued in the name of the
Award  Recipient or his nominee  within 30 days after the end of the  Restricted
Period.  Upon receipt of such stock certificate,  the Award Recipient is free to
hold or  dispose  of the  shares  represented  by such  certificate,  subject to
applicable securities laws.

                                       IV.
                                WITHHOLDING TAXES

     4.1 At any time that an Award  Recipient  is required to pay to the Company
an amount  required  to be  withheld  under the  applicable  income  tax laws in
connection  with the  issuance  of or the lapse of  restrictions  on  Restricted
Stock,  the participant  may,  subject to the Committee's  right of disapproval,
satisfy this obligation in whole or in part by electing (the "Election") to have
the Company withhold from the distribution shares of Common Stock having a value
equal to the  amount  required  to be  withheld.  The value of the  shares to be
withheld shall be based on the Fair Market Value of the Common Stock on the date
that the amount of tax to be withheld shall be determined (the "Tax Date").

     4.2 Each  Election  must be made prior to the Tax Date.  The  Committee may
disapprove  of any  Election  or may  suspend  or  terminate  the  right to make
Elections.

                                       V.

                          RIGHT TO CONTINUED EMPLOYMENT

     Nothing  in the  Plan or in  this  Agreement  shall  confer  upon an  Award
Recipient  any right to continue in the employ of the Company or a subsidiary or
in any way affect the Company's or a  subsidiary's  right to terminate the Award
Recipient's employment.

                                       -3-
<PAGE>

                                       VI.

                                 BINDING EFFECT

     This  Agreement  shall be  binding  upon and  inure to the  benefit  of the
successors, executors, administrators, and heirs of the respective parties.

                                      VII.

                             INCONSISTENT PROVISIONS

     The  Restricted  Shares granted hereby are subject to the provisions of the
Plan as in effect on the date hereof and as it may be amended.  In the event any
provision of this  Agreement  conflicts  with a provision of the Plan,  the Plan
provisions shall control.

                                      VIII.

                                FORCE AND EFFECT

     The various  provisions of this Agreement are severable in their  entirety.
Any determination of invalidity or  unenforceability  of any one provision shall
have no effect on the continuing force and effect of the remaining provisions of
this Agreement.

     IN WITNESS  WHEREOF,  the parties have signed this Agreement as of the date
hereof.

                                             THE PEOPLES BANCTRUST COMPANY, INC.

                                             By:   /s/ Ted M. Henry
                                                   -----------------------------
                                                   Name:   Ted M. Henry
                                                   Title:  Chairman of the Board

                                             AWARD RECIPIENT

                                                   /s/ Walter A. Parrent
                                                   -----------------------------
                                                   Walter A. Parrent

                                       -4-Exhibit 10.3

                       THE PEOPLES BANCTRUST COMPANY, INC.
                             1999 STOCK OPTION PLAN

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

                      Agreement for Incentive Stock Options

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

     THIS STOCK OPTION (the "Option")  grants Walter A. Parrent (the "Optionee")
the right to purchase a total of 50,000 shares of Common  Stock,  par value $.10
per share, of The Peoples BancTrust Company, Inc. (the "Company"),  at the price
set forth  herein,  subject  to the terms,  definitions  and  provisions  of The
Peoples  BancTrust  Company,  Inc.  1999 Stock Option Plan (the "Plan") which is
incorporated  by reference  herein,  except as set forth herein.  This Option is
intended to qualify as an incentive  stock option  ("ISO")  under Section 422 of
the Internal Revenue Code of 1986, as amended (the "Code").  Pursuant to Section
6(b) of the Plan, to the extent that the  aggregate  Market Value of shares with
respect to which  Options  designated  as ISOs first become  exercisable  by the
Optionee in any calendar  year (under the Plan and any other plan of the Company
or any  Affiliate)  exceeds  $100,000,  such excess  Options shall be treated as
Non-ISOs. The Optionee  acknowledges,  through signing below, the receipt of the
prospectus associated with the Plan.

     1. Option Price.  The Option price per share is $15.375,  which equals 100%
of the fair market value, as determined by the Committee, of the Common Stock on
the date of grant of this Option.

     2. Vesting and  Exercise of Option.  This Option  shall be  exercisable  in
accordance with the Plan as follows:

     Schedule of rights to exercise:
     -------------------------------

              Years of Continuous                     Percentage of Total Shares
                Employment After                          Subject to Option
             Date of Grant of Option                   Which May Be Exercised
             -----------------------                   ----------------------

                Upon Grant                                             0%
                1 year but less than 2 years                      33-1/3%
                2 years but less than 3 years                     33-1/3%
                3 years or more                                   33-1/3%

     To the extent this Option has not  otherwise  become  vested in  accordance
with this Agreement, this Option will become fully vested and exercisable by the
Optionee  or his  estate  (1) upon  the  death of the  Optionee  (other  than by
suicide), (2) upon a determination by the Committee that the Optionee has become
disabled,  (3) upon a termination of the Optionee without Just Cause (as defined
in Section  8(c)(1)  of the  Plan),  or upon a Change in Control ( as defined in
Section 2(e) of the Plan).

<PAGE>

     3. Method of Exercise. This Option shall be exercisable by a written notice
by the Optionee which shall:

          (a) state the  election to exercise  the Option,  the number of shares
          with respect to which it is being exercised,  the person in whose name
          the stock  certificate or certificates for such shares of Common Stock
          is to be  registered,  his address and Social  Security  Number (or if
          more than one, the names,  addresses  and Social  Security  Numbers of
          such persons);

          (b) contain such  representations  and  agreements  as to the holder's
          investment  intent with  respect to such shares of Common Stock as may
          be satisfactory to the Company's counsel;

          (c) be signed by the person or persons entitled to exercise the Option
     and, if the Option is being  exercised by any person or persons  other than
     the Optionee,  be  accompanied  by proof,  satisfactory  to counsel for the
     Company, of the right of such person or persons to exercise the Option; and

          (d) be in writing and delivered in person or by certified  mail to the
     Treasurer of the Company.

          Payment of the purchase  price of any shares with respect to which the
     Option  is  being  exercised  shall  be by  cash,  Common  Stock,  or  such
     combination of cash and Common Stock as the Optionee  elects.  In addition,
     the Optionee may elect to pay for all or part of the exercise  price of the
     shares by having  the  Company  withhold  a number of shares  that are both
     subject to this Option and have a fair market  value equal to the  exercise
     price.  The  certificate or  certificates  for shares of Common Stock as to
     which the Option shall be exercised  shall be registered in the name of the
     person or persons exercising the Option.

     4.  Restrictions  on  Exercise.  This  Option may not be  exercised  if the
issuance of the shares upon such  exercise  would  constitute a violation of any
applicable  federal or state securities or other law or valid  regulation.  As a
condition to the Optionee's exercise of this Option, the Company may require the
person  exercising  this Option to make any  representation  and warranty to the
Company as may be required by any applicable law or regulation.

     5. Withholding.  The Optionee hereby agrees that the exercise of the Option
or any  installment  thereof  will not be  effective,  and no shares will become
transferable to the Optionee,  until the Optionee makes appropriate arrangements
with the  Company  for such tax  withholding  as may be  required of the Company
under federal, state, or local law on account of such exercise.

     6. Non-transferability of Option. This Option may not be transferred in any
manner otherwise than by will or the laws of descent or distribution.  The terms
of this  Option  shall be binding  upon the  executors,  administrators,  heirs,
successors and assigns of the Optionee.

<PAGE>

     7. Term of Option.  This  Option may not be  exercisable  for more than ten
years  from the  date of  grant of this  Option,  as  stated  below,  and may be
exercised  during  such term only in  accordance  with the Plan and the terms of
this Option.

September 9, 2005                       THE PEOPLES BANCTRUST COMPANY, INC.
Date of Grant                           1999 STOCK OPTION PLAN COMMITTEE

                                        By: /s/ Ted M. Henry
                                           -------------------------------------
                                           An Authorized Member of the Committee

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00090-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00090-of-00352.parquet"}]]