Document:

ADMINISTRATIVE SERVICES AGREEMENT

This Administrative Services Agreement ("Agreement") is made and entered into by
and between First American Capital Corporation, a Kansas corporation
("Administrator"), and First Life America Corporation, a Kansas insurance
corporation ("Company").

WITNESSETH:
	WHEREAS,  Administrator renders administrative services and personnel to
corporations primarily engaged in the business of life and accident and health
insurance; and
	WHEREAS,  Company is engaged in the business of life and accident and
health insurance; and
	WHEREAS, Company and Administrator desire to contract for the provision
of administrative services and personnel by Administrator to Company, subject to
 the terms and conditions hereinafter set forth; and
	WHEREAS, Company is a subsidiary of the Administrator; and
	WHEREAS, Administrator employees all individuals performing at the
Company and through management provided by such personnel, performs all
administrative functions for Company including the direct supervision and
control of operations; and
	NOW, THEREFORE, in consideration of the premises and the mutual promises
 set forth herein and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereby covenant and
agree as follows:

ADMINISTRATIVE SERVICES AGREEMENT

1.	PERSONNEL AND ADMINISTRATIVE SERVICES
1.1	This Agreement shall be effective January 1, 2002.
1.2	Services of Executive Officers.  Administrator shall cause the Officers
and other individuals employed by Administrator, whom Administrator considers to
be qualified, to serve as officers of Company to the extent the Board of
Directors of Company may, from time to time, elect any of said persons to serve
in such capacities.
1.3	Administrative Services.  In addition to the duties and functions
performed by the Officers of Administrator in fulfilling the responsibilities of
any offices to which they may be elected by the Board of Directors of Company,
and in addition to performing the duties and functions which are necessary or
may be reasonably required to render Administrative Services provided under this
Agreement, Administrator shall provide such general supervisory services as may
be required to serve the business of Company in accordance with sound business
practices.  Without limiting the generality of the foregoing, Administrator
shall, directly or indirectly, and at the reasonable request of the Board of
Directors of Company, perform or render additional Administrative Services,
including, without limitation, the following:
(a)	Investigate, evaluate and assist in the selection of, and participate
in consultations and negotiations with, lenders, attorneys, brokers,
underwriters,actuaries, reinsurers, auditors, corporate fiduciaries, escrow
agents, depositaries, custodians, banks and other persons acting in any other
capacity deemed by the Board of Directors of Company to be necessary or
appropriate;
(b)	Advise, consult and assist with respect to the financial policies and the
capital and debt structure of Company;
(c)	Advise, consult and negotiate with respect to any future financing by
Company;
(d)	Advise, consult and assist with respect to proceedings and hearings held
and conducted by regulatory agencies, including, but not limited to insurance
regulatory hearings or proceedings;

ADMINISTRATIVE SERVICES AGREEMENT
(e)	Advise, consult, negotiate and assist with respect to the acquisition
and disposition of insurance business and with respect to mergers,
consolidation, reorganization or other business combination;
(f)	Advise, consult and assist with respect to other aspects of the business
and affairs of Company.
1.4	Administrative Services.  In addition to the services expressly provided
herein, Administrator agrees to render or cause to be rendered to Company all
administrative and other services which are necessary or reasonably required to
operate effectively its business, including, without limitation, the following:
(a)	Actuarial services required for the design and preparation of new
insurance products, the calculation of reserves and the evaluation of the
results of insurance operation;
(b)	Accounting services necessary to maintain all books and records required
to account properly for all financial aspects and to comply with reporting of
financial aspects and to comply with reporting requirements of Company;
(c)	Legal services necessary to comply with applicable laws affecting the
business of Company;
(d)	Administrative Services required for internal insurance operations,
underwriting, policy issuance, reinsurance, computer services, data processing,
policy service and claims; and
(e)	Administrative Services required for insurance agency operations,
including licensing, commission accounting and the tabulation of sales.
1.5	Personnel.  Administrator shall furnish personnel necessary to provide
the support and Administrative Services, advice and assistance to Company
pursuant to this Agreement.
1.6	Costs.  Administrator shall pay all personnel and other cost and expenses
necessary or required to render the Administrative Services, advice and
assistance provided for by this Agreement.
1.7	Compliance with Investment Laws.  All investment programs provided by
Administrator pursuant to this Agreement and any supervisory or ministerial
actions taken by Administrator hereunder shall comply with the applicable laws
and regulations of the domiciliary state of Company.

ADMINISTRATIVE SERVICES AGREEMENT
1.8	Reports to Board of Directors.  Administrator shall furnish such periodic
reports as may be requested by the Board of Directors with respect to any and
all actions taken by Administrator pursuant to this agreement.
1.9	The Board of Directors of Company shall have the right at all times to
make specific directions for performance of personnel and utilization of
Administrative Services.
1.10	The Board of Directors of Company shall have complete control over
the management of Company and shall be responsible for the performance of
such management.
1.11	Company, through it Officers and Board of Directors, shall have complete
control over the following:
(a)	All investments of Company shall be subject to approval of the Officers
and Board of Directors of Company.
(b)	All taxes of Company shall be the sole responsibility of the Company.
(c)	All expenses of examination and other governmental expenses and fees
shall be the sole responsibility of Company.
(d)	Officers of Company shall be responsible for Company underwriting
decisions.
(e)	Officers of Company shall be responsible for Company claims adjustment
decisions.
(f)	Company shall own all of the records of its business and shall own and
have custody of its general corporate accounts and records.
(g)	Company shall have the sole right to appoint and cancel agents and
agencies.
(h)	Company shall be responsible for the printing and approval of all
policies, as well as the establishment of proper rates and agency commissions.
(i)	Company shall be responsible to maintain accounting, statistical and other
records, financial or otherwise, of Company.
(j)	Company shall be responsible for its reinsurance contracts.
(k)	Company shall have the responsibility for preparation of financial and
other reports.
(l)	Advertising, sales promotion and agency development shall be subject to
approval of the Officers of Company prior to implementation.

ADMINISTRATIVE SERVICES AGREEMENT
(m)	Company shall have the absolute right to refuse any risks proposed to be
insured.
(n)	All loss-adjustment expenses relative to claims of the Company shall be
paid solely by the Company, except for services rendered by Administrator.
(o)	Company shall be solely responsible for management and shall have full
authority to direct and supervise personnel services to Company through
Administrator.
(p)	Company shall be responsible for expenses incurred for Company and shall
have the responsibility to review and approve said expenses.
(q)	Administrator shall follow the directions of Company with respect to
Administrative Services.
1.12	Both Parties to this Agreement mutually agree to the following:
(a)	Company shall have custody of, responsibility for and control of, all
investments, except for services rendered by Administrator.
(b)	Company shall own, have custody of, and keep its general corporate
accounts and records, except for services rendered by Administrator.
(c)	Company shall own all the records of its business and shall be responsible
for the proper retention of same, except for services rendered by Administrator.
(d)	Company shall at all times have the ultimate decision on underwriting of
any risk.
(e)	Company shall have the ultimate right to cancel any risk in accordance with
the terms of its policies.
(f)	Company shall have the ultimate decision on appointment of agents and
ultimate power to cancel or terminate any agents or agencies.
(g)	Company shall have ultimate responsibility for, and shall maintain general
control of claims adjustment and claim payments.
(h)	If this Agreement is not renewed or amended satisfactorily to Company,
Company shall have the option to cancel at the date of renewal.
(i)	Company shall at all times have the absolute right of cancellation of this
Agreement and discharge of Administrator in the event Administrator fails to
satisfactorily perform.

ADMINISTRATIVE SERVICES AGREEMENT
(j)	Company shall retain the ultimate decision over commission rates.
(k)	In as much as this Agreement is one for personal services, this
Agreement cannot be assigned by Administrator and may be immediately
terminated by Company in the event of a substantial change of the
controlling personality of personnel in Administrator, if not
satisfactory to Company.
1.13	Administrative Services means all services provided to Company by
Administrator which support and implement the functions and operations of
Company, including, but not limited to, data processing, computer services,
accounting, underwriting, claims adjustment and investigation, human resources,
payroll services, marketing, agency, billings, collections, investments,
storage, customer services, information systems, government relations,
legal, micrographics, telecommunications, mailroom, policyholder services,
printing, licensing, compliance, audit and various other administrative
services utilized in the ordinary course ofbusiness.
1.14	Effective on the date of this Agreement, the employees of Company,
if any, shall be paid by Administrator for the benefit of Company.
1.15	Administrator shall pay all applicable health and welfare benefits
and all profit sharing and/or pension benefits for its employees.
1.16	All salaries of Administrator's employees, including FICA, shall be paid by
Administrator, and Administrator shall withhold federal and state taxes and pay
same to the appropriate parties.
2.	FEES
2.1	Fees.  As consideration for providing services under this Agreement.
Company agrees to pay Administrator, not less than monthly, a fee equal to
Administrator's:
(a)	Cost of providing such services, including an appropriate allocation of
Administrator's overhead expenses, in accordance with generally accepted
accounting principles.  See attached copy of Administrator's Estimated
Overhead Worksheet.

ADMINISTRATIVE SERVICES AGREEMENT
2.2	Accountings.  Administrator agrees to provide periodically to Company, an
accounting of the costs incurred by Administrator which form the basis for
the fees payable by Company pursuant to this Agreement.  Said accounting
shall be in such detail and be accompanied by substantive documentation
satisfactory to the Company.
3.	CONFIDENTIALITY, PERFORMANCE AND RELATIONSHIP OF PARTIES
3.1	Disclosure of Information.  Administrator agrees all information
communicated to it by or on behalf of Company while this Agreement is
in force shall be used by Administrator only for the purposes of this
Agreement and during the term of this Agreement, and thereafter.
Administrator will not disclose such information to any person who
is not a Director, Officer, employee or agent of Company or of any of its
affiliated companies, except to the extent such disclosure is directly
or indirectly related to the performance of this Agreement or is
otherwise required by any applicable law, rule or regulation.
3.2	Records and Reports.  Except as provided herein, all forms,
records, statements, reports, files and other data and information
prepared, maintained or collected by Administrator in the performance
of this Agreement shall become the sole property of Company and shall
be furnished to Company upon request.
3.3	Inspection of Books and Records.  Administrator shall keep proper books of
account and records relating to the services performed hereunder in which
full and correct entries will be made in accordance with generally
accepted accounting principles.  Company or its designated agents shall,
upon the lesser of reasonable notice of ten (10) days prior written
notice to Administrator, have the right to inspect the books and
records of Administrator at the offices of Administrator in which
said books and records are maintained during normal business hours for
any purpose related to Administration performance of this Agreement or
the collection and determination of the fees required to be paid by
Company to Administrator under this Agreement.
3.4	Performance.  The failure of any party to insist upon strict
performance of any provision of this Agreement shall not constitute a
waiver of the right to insist upon strict performance or the obligation
to strictly perform thereafter.
ADMINISTRATIVE SERVICES AGREEMENT
3.5	Relationship of Parties.  Administrator assumes no responsibility
under this Agreement other than to render the services, advice and
assistance provided for hereunder in good faith.  It is expressly
understood and agreed with respect to and for the purposes of this
Agreement.  Administrator and Company are not partners or joint
ventures, and nothing herein shall be construed so as to make them
partners or joint ventures or impose any liability as such on either of them.
3.6	Other Agreements.  Company acknowledges Administrator may, from time to
time, enter into agreements to provide services, advice and assistance to other
companies which may or may not be affiliated with Company; that employees of
Administrator, whether or not they are also Officers or Directors of Company,
may render services to such other companies pursuant to said agreements and
may also serve as Officers or Directors of such other companies subject to
approval of Administrator Board of Directors.  Administrator further
covenants, in performing services, advice or assistance to such companies,
it shall not provide any preferential treatment to such other company which
would reduce or impair the amount or quality of the services, advice or
assistance provided under this Agreement.
3.7	Indemnification.  Administrator agrees to indemnify and hold Company
harmless from any and all damages, costs, claims or other liabilities including
reasonable attorneys fees incurred by it as the result of any act or omission
by Administrator in the performance of its duties hereunder, except to the
extent the act or omission resulting in said damages were performed or omitted
by or pursuant to the direction of any duly elected Director or Executive
Officer of Company. Company agrees to indemnify and hold Administrator harmless
from any and all damages, costs, claims or other liabilities including
reasonable attorneys fees incurred by it as the result of any act or
omission by Company in the performance of its duties hereunder, except to the
extent the act or omission resulting in said damages were performed or
omitted by or pursuant to the direction of Administrator.

ADMINISTRATIVE SERVICES AGREEMENT

4.	TERM OF AGREEMENT AND NOTICES
4.1	Term of Agreement.  This Agreement shall remain in full force and effect
for a period of one (1) year from the date hereof, and shall automatically renew
for successive annual periods unless terminated pursuant to this provision.
4.2(a)	This Agreement may be terminated at any time upon ninety (90) days prior
written notice to the other party herein.
4.2(b)	Administrator shall not terminate this Agreement unless and until Company
has obtained the services of another entity engaged in the business of
rendering such services and advice to life and heath insurance companies
or has made other arrangements satisfactory to it for the continued
operations and business of Company, provided further Company shall use
its best efforts to obtain such services or make such other arrangements
as promptly as practicable following notice of termination by Administrator.
4.2(c)  At the option of Company, this Agreement may be terminated by Company
if Administrator has failed in any material respect to observe, perform or
comply with any material agreement or obligation required by this Agreement
and such failure continues for a period of thirty (30) days after receipt
by Administrator of a notice from Company of such failure.
4.3	Upon termination under the above, administrator shall immediately
deliver to Company or its designee all forms, records, statements, files,
reports and other data and information prepared or collected by Company in
connection with the performance of this Agreement.
4.4	Notices.  Any notices required or permitted under this Agreement
shall be in writing and shall be deemed to have been duly given and
delivered, telecopied or mailed, first-class postage prepaid, to the
parties at the address of the principal office for each party or other
address as indicated in writing by the respective party.

ADMINISTRATIVE SERVICES AGREEMENT

5.	MISCELLANEOUS
5.1	Entire Agreement.  This Agreement contains the entire understanding
of the parties hereto and supersedes all prior agreements of the parties
with respect to the subject matter contained herein.  Any condition to a
party's obligation hereunder may be waived in writing by such party.
5.2	Amendments.  This Agreement shall not be amended, changed, modified,
terminated or discharged, in whole or in part, except by an instrument in
writing duly executed by the parties hereto or their respective successors
or assigns.  If, after the date of this Agreement, Company directly or
indirectly acquires a controlling interest in another company, Company
may, by written notice to Administrator, notify Administrator of Company's
desires that such company enter into an agreement with Administrator
pursuant to which Administrator will provide Administrative Services,
advice and assistance under terms consistent with those contained in
this Agreement, and, upon such receipt, Administrator will enter into
such an agreement with such company.
5.3	Binding Agreement.  This Agreement shall be binding upon the
inure to the benefit of the parties hereto and their respective
successors and assigns.
5.4	Severability Provisions.  If any provision of this Agreement
shall be found to be invalid by any administrative agency, or similar
body, or Court of competent jurisdiction, such findings shall not affect
the remaining provisions of this Agreement, and all other provisions here
in shall remain in full force and effect.
5.5	Governing Law.  This Agreement shall be interpreted and enforced
in accordance with the laws of the State of Kansas.
5.6	Counterparts.  This Agreement may be executed in two or more
separate counterparts, each of which shall be deemed to be an original
hereof, but all of which shall constitute one and the same instrument.

ADMINISTRATIVE SERVICES AGREEMENT

IN WITNESS WHEREOF, the parties hereto have executed this Agreement
this 15th day of November, 2001.

						FIRST AMERICAN CAPITAL CORPORATION
						By:  /s/ Rick D. Meyer
						Title:  President

						FIRST LIFE AMERICA CORPORATION
						By:  /s/ Phillip M. Donnelly
						Title:  Secretary / TreasurerEMPLOYMENT AGREEMENT

THIS EMPLOYMENT AGREEMENT, dated as of November 1, 2000, is made by and between
First American Capital Corporation, a Kansas corporation (the "Company"), and
Phillip M. Donnelly ("Executive").

RECITALS

WHEREAS, the Company desires to employ Executive pursuant to the terms and
conditions of this Agreement; and

WHEREAS, Executive desires to be employed by the Company pursuant to the
terms and conditions of this Agreement.

NOW, THEREFORE, in consideration of the foregoing and of the mutual promises
herein contained, the receipt and sufficiency of which are hereby acknowledged,
the Company and Executive agree as follows:

1.	Term of Employment.

	(a)	Initial Term; Effective Date. Subject to the terms and
conditions set forth herein, the Company hereby employs Executive, and
Executive hereby accepts such employment, which shall commence on the
Effective Date (as defined below) and shall terminate as of the earliest of:

		i.	two (2) years from the Effective Date ("Initial Term"); or

	ii.	the earliest occurrence of an event described in Section 13(a)
of this Agreement.

	For purposes of this Agreement, the term "Effective Date" shall mean
November 1, 2000.

	(b)	Renewal Terms. Following the expiration of the Initial Term,
unless this Agreement has previously terminated in accordance with Section
1(a) hereof, this Agreement shall automatically renew for consecutive one-year
periods ("Renewal Terms"); provided, however, that either party may terminate
this Agreement effective as of the expiration of the Initial Term or any
renewal Term by giving the other party written notice of such termination
at least thirty(30) days prior to the expiration of such Initial Term or
any Renewal Term.

2.	Duties of Executive. Executive shall be initially employed in the
position of Secretary/Treasurer, to perform the duties normally attendant with
and incident to such position, as more fully described in the Bylaws of the
Company, and as assigned to Executive by the President or the Board of Directors
of the Company.

3.	Extent of Services. Executive shall devote full time during normal
business hours to the business of the Company (other than as permitted and
directed by the President). Executive shall not be precluded outside normal
business hours from other business activities so long as such other business
activities do not detract from Executive's activities on behalf of the Company.

4.	Compensation. During the term of this Agreement and for all services
rendered by Executive to or for the Company:

	(a)	Base Salary. The Company shall pay Executive a gross annual
base salary of Seventy Thousand Dollars ($70,000) ("Base Salary"), which shall
be paid in monthly installments in arrears. The payment of compensation
authorized under this Agreement shall be subject to applicable withholdings
for federal, state and local taxes and for other reductions authorized by
Executive under authorized employee benefit plans. The Board of Directors
of the Company shall review the Base Salary of Executive at least annually
and shall adjust the same as the Board deems appropriate.

	(b)	Incentive Bonus.  Only with respect to new life insurance
business directly generated by the FA2000, traditional term and universal
products of First Life America Corporation ("FLAC") from and after November
1, 2000, Executive shall be eligible to receive a monthly incentive bonus
equal to one percent (1%) of first-year target insurance premium collected
and recorded as revenue by FLAC (not including any overfunding payments by
a policyholder) ("Monthly Incentive Bonus"). Only with respect to new
life insurance business directly generated by the FA2000 product of FLAC
during the time period commencing on the Effective Date and ending two
(2) years thereafter, Executive shall be eligible to receive a monthly
incentive bonus equal to one percent insurance premium collected and
recorded as revenue by FLAC (not including any overfunding payments by a
policyholder) ("FA2000 Renewal Bonus"). Any Monthly Incentive Bonus and
any FA2000 Renewal Bonus shall be payable at the end of each month in
which the underlying target insurance premium has been collected and
recorded as revenue by FLAC. Without limitation, it is acknowledged and
agreed by the parties hereto that nothing herein provides for any
incentive bonus on insurance business of FLAC comprised of annuities,
single-premium juvenile products (or products derivative therefrom)
or acquired, assumed, reinsured or coinsured insurance business, or any
other products not expressly provided for herein.

(c)	Other Bonus. The Board of Directors may, at is discretion,
grant performance bonuses to Executive based on outstanding performance.

5.	Executive Benefits. During the term of Executive's employment
hereunder, Executive shall be eligible to participate in employee benefit
 plans or programs of the Company, if any, generally made available to all
other employees of the Company, subject to the eligibility criteria, rules,
plan provisions and regulations applicable to such plans.  At this time,
the plans and programs to be made available to Executive are set forth
on Exhibit A attached hereto. Nothing contained herein shall be construed
as negating or limiting the ability of the Company to amend, modify or
terminate such employee benefit plans or programs, in its sole
discretion.

6.	Expenses. The Company shall reimburse Executive for Executive's
reasonable travel, meals, entertainment and other similar expenses
reasonably incurred in the performance of Executive's duties, as long
as such expenses are accompanied by valid receipts and any other
documentation required pursuant to any applicable Company policy.
Any expenses not so approved or not accompanied by appropriate receipts
shall not be reimbursed.

7.	Disclosure of Information.

(a)	Executive acknowledges that, in and as a result of employment
 hereunder, he will be making use of, acquiring knowledge of and/or
adding to confidential or proprietary information relating to the
Company and its affiliates, including, without limitation, the
Company's lists of customers and accounts, systems, procedures,
policies, manuals, advertising, marketing plans, marketing strategies,
trade secrets, business plans, financial data, strategies, methods of
conducting business, price lists, formulas, processes, procedures,
standards, know-how, manuals, techniques, technology, confidential
reports and all other information, knowledge, or data of any kind
or nature relating to the products, services, or business of the
Company or any subsidiary, parent or other affiliate of the
Company (collectively, "Confidential Information"). As a material
 inducement to the Company to enter into this Agreement, Executive
covenants and agrees that he shall not, at any time, during or
following the term of his employment with the Company, directly,
except in furtherance of the Company business and in accordance
with the Company policies, use, disseminate, divulge or
disclose, for any purpose whatsoever, any Confidential Information.

(b)	Upon termination of employment with the Company, whether
such termination was by Executive or the Company, all documents,
records, notebooks and similar repositories of or documents containing
any Confidential Information, including all existing copies or
extractions thereof, then in Executive's possession or in Executive's
control, whether prepared by him or others, shall be the sole property of
the Company. Upon termination, all documents, records, notebooks and
similar repositories of or documents containing any Confidential
information, including all existing copies or extractions
thereof, shall be promptly returned to the Company.

(c)	Executive shall disclose and assign to the Company all
inventions and processes, whether or not patentable, made by him
individually or jointly with others in the performance of the duties
of his employment with the Company. Termination of this Agreement
shall not release Executive from this obligation.

(d)	Executive expressly agrees that he will not assert any
rights to any ideas, inventions, discoveries, concepts, and methods,
or improvements thereof, or know-how related thereto of the Company or its
affiliates. All such ideas, inventions, discoveries, concepts, and methods,
or improvements thereof, are and shall be the sole and absolute property
of the Company or its affiliates.

8.	Restrictive Covenant. By his employment with the Company,
Executive will acquire additional and intimate knowledge about the
customers, financial data, price and business negotiations and
business techniques of the Company, as they may now exist or as they
may be developed in the future. Executive acknowledges and agrees
that he will utilize the Company's ideas, techniques and expertise
in performing his duties hereunder.

In order to avoid the inadvertent disclosure of the Company's
confidential matters, and as consideration for all of the benefits
provided to Executive hereunder, Executive hereby covenants and
agrees that during his employment with the Company and for two (2)
years from and after the effective date of the termination of his
employment with the Company, Executive shall not, directly, either
by himself or through others, or as an individual, partner, employee,
agent, officer, stockholder or otherwise:

(a)	solicit, divert, take away or attempt to take away the business
of the Company's present or past customers, or the customers of any
affiliated or related companies of the Company, in any business or
enterprise competing with the Company or any affiliated or related
companies of the Company, or do anything to impair the prospects of
sales or business retention of the Company or any affiliated or
related companies of Company, including, without limitation,
accept any commission, compensation or benefit, directly or indirectly,
on any product written in replacement of any product produced or
underwritten by the Company or any affiliated or related companies of
the Company; or

(b)	solicit, hire, employ or endeavor to employ any of the Company's
employees or employees of any affiliated or related companies of the
Company or agents or agency personnel of Company or any affiliated or
related Companies of Company; or

(c)	be associated with or employed in any sales or production
capacity by or on behalf of any person, partnership, firm,
corporation or other business association engaged or seeking to engage
in any business or enterprise competing directly or indirectly with
the Company or any affiliated or related companies of the Company.

For purposes of this paragraph, the references to "employee" shall
be any individual employed by the Company at the time of such hiring,
solicitation or other act, or any individual so employed at any time
during the six (6) month period preceding such hiring, solicitation or
other act.

9.	Accounting for Profits. Executive covenants and agrees that,
if he shall violate any of his covenants or agreements under Sections
7 or 8 hereof, the Company shall be entitled to an accounting and
repayment of all profits, compensation, commissions, remunerations
or benefits which Executive directly or indirectly has realized
and/or may realize as a result of, growing out of or in connection
with any such violation. Such remedy shall be in addition to and not
in limitation of any injunctive relief or other rights or remedies to
which the Company is or may be entitled at law or in equity or under
this Agreement.

10.	Reasonableness of Restrictions.

(a)	Executive has carefully read and considered the provisions
of Sections 7, 8 and 9 hereof and, having done so, agrees that the
restrictions set forth therein (including, but not limited to, the
time period of restriction and the geographical areas of restriction
set forth in Section 8 hereof) are fair and reasonable and are
reasonably required for the protection of the interests of the Company.

(b)	Executive represents that his experience, capabilities and
personal assets are such that this Agreement does not deprive him
from either earning a livelihood in the unrestricted business
activities which remain open to him or from otherwise adequately
and appropriately supporting himself and his family.

(c)	In the event that any of the provisions of Sections 7, 8
or 9 shall be held to be invalid or unenforceable, the remaining
provisions shall nevertheless continue to be valid and enforceable as
though the invalid or unenforceable parts had not been included therein.
In the event that any provision of Sections 7 or 8 relating to time
period and/or areas of restriction shall be declared by a court of
competent jurisdiction to exceed the maximum time period or areas
such court deems reasonable and enforceable, said time period and/or
areas of restriction shall be deemed to become and thereafter be
the maximum time period and/or areas which such court deems reasonable and
enforceable.

11.	Conflict of Interest. Executive agrees and acknowledges that
he is to devote his entire business time arid effort to the Company's
business (other than as permitted and directed by the President) and
shall not be engaged in any personal fmancial interest which may be in
conflict with the interest of the Company. Executive acknowledges and
agrees that he will not accept the receipt of payments, gifts, entertainment,
or other fees which go beyond common courtesies usually associated with
accepted business practices and which might be regarded as placing
him under some obligation to a third party dealing with or desiring to
deal with the Company. This does not preclude the acceptance of items
of minor or nominal value of which are of such nature as would indicate
they are merely tokens of respect or friendship and not related to any
particular transactions. Executive agrees that during the course of his
employment hereunder he shall not accept any additional fees, compensations,
commissions, wages, salaries or remuneration from a third party, without
the consent of the President of the Company.

12.	Termination of Employment.

(a)	The employment of Executive under this Agreement, during either
the Initial Term or Renewal Term, will terminate as of the earliest of:

i.	Death of the Executive;

ii.	In the event Executive's disability resulting in an inability
to perform his essential job functions with or without a reasonable
accommodation for a period of, in general, ninety (90) consecutive days,
as determined in the sole discretion of the Company and in compliance with
applicable law;

iii.	By the mutual written agreement of Executive and the Company;

iv.	Immediately upon a determination by the Company that "cause" exists
for such termination;

v.	Immediately upon the effective date of FLAC's discontinuance of
offering for sale the FA2000 product in Kansas;

vi.	Thirty (30) days after notice is given by the Company in the
event termination of Executive is without "cause"; and

vii.	Thirty (30) days after notice is given by Executive in the
event he resigns from his employment.

(b)	For purposes of this Agreement, the term "cause" shall include,
without limitation, Executive's material breach of this Agreement,
fraud against the Company, misappropriation of the Company's assets,
embezzlement, theft, malfeasance, willful misconduct, material failure
to follow the Company's rules and regulations, neglect of material duties
Executive is required to perform under this Agreement, and the conviction
or guilty or nob contendere plea to a crime involving drug abuse,
violence, dishonesty or theft.

(c)	In the event employment of the Executive is terminated pursuant
to any of Sections 13(a)(i), 13(a)(ii), 13(a)(v) or 13(a)(vi):

i.	The Company shall provide a severance payment to Executive (or,
in the case of death, his estate) in an amount equal to one (1) year's
Base Salary. Severance payments referred to in this Section 1 3(c)(i)
will commence within thirty (30) days of termination and will be paid
in twelve (12) equal monthly installments; and

ii.	The Company shall continue to pay the Executive (or, in the
case of death, his estate) the FA2000 Renewal Bonus, as more fully
described in Section 4(b) hereof, for the number of calendar year(s)
following the date of termination that is equal to the number of complete
calendar year(s) of service that the Executive provides to the Company
commencing on June 1, 1999.

(d)	Other than as expressly provided herein, the Company shall have
no further liability to Executive under this Agreement for the payment
of unaccrued compensation or benefits under Sections 4 and 5, including,
without limitation, any incentive bonus, following the termination of
Executive's employment hereunder, except for any benefits that by law
must continue after Executive's termination.

(e)	At any time during the term of this Agreement and, specifically,
after notice of termination of this Agreement by either party, the
Company may, in its discretion, exclude Executive from the Company's
workplace.

13.	Delegation of Duties and Assignment of Rights. Executive may not
delegate the performance of any of his obligations or duties hereunder,
or assign any rights hereunder, without the prior written consent of the
Company. Any such purported delegation or assignment in the absence of
any such written consent shall be void. The Company may assign all of
its rights and obligations under this Agreement in writing, with notice
to Executive, to a person or entity acquiring the principal assets used
or useful in the operation of the Company's business or portion thereof
for which Executive is involved. In the event of an assignment by the
Company, each reference in this Agreement to the Company shall include
the assignee from and after the date
of such assignment.

14.	Burden and Benefit. This Agreement shall be binding upon, and
shall inure to the benefit of, the Company and Executive, and their
respective heirs, personal and legal representatives, successors and
permitted assigns. Executive shall have no right or power to assign
this Agreement.

15.	Governing Law. The construction and interpretation of this
Agreement shall at all times and in all respects be governed by the
laws of the State of Kansas. The parties agree that appropriate
jurisdiction and venue in any actions relating to this Agreement
and the subject matter hereof shall be in the District Courts of Shawnee
County, Kansas.

16.	Severability. The provisions of this Agreement (including
particularly, but not limited to, the provisions of Sections 7, 8
and 9 hereof) shall be deemed severable, and the invalidity or
unenforceability of any one or more of the provisions hereof shall
not affect the validity and enforceability of the other provisions hereof.

17.	Notices. Any notice required to be given hereunder shall be
sufficient and deemed given when in writing, and sent by certified
or registered mail, return receipt requested, first-class postage
prepaid, or by courier service, to his last known residence in the
case of Executive, and to its principal office in the case of the Company,
Attn: President of the Company.

18.	Remedies. Executive acknowledges and agrees that a breach
by him of the provisions of this Agreement will cause the Company
irreparable injury and damage. Executive, therefore, expressly agrees
that the Company shall be entitled to injunctive and other equitable
relief to prevent a breach of this Agreement, or any part thereof by
Executive, or by Executive's partners, agents, representatives,
servants, employers, employees and/or any and all persons directly
or indirectly acting for or with him, and to secure its enforcement, in
addition to any other remedy to which the Company might be entitled.
Executive and the Company expressly waive the posting of any bond
or surety required prior to the issuance of an injunction hereunder.
However, in the event that the court refuses to honor the waiver of
bond hereunder, Executive and the Company hereby expressly agree to a
bond in the amount of $100. Any and all of the Company's remedies for
the breach of this Agreement shall be cumulative and the pursuit of one
remedy shall not be deemed to exclude any and all other remedies with
respect to the subject matter hereof.

19.	JURY TRIAL. THE COMPANY AND EXECUTIVE HEREBY WAWE TRIAL BY
JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM BROUGHT BY EITHER PARTY
AGAINST THE OTHER ON ANY MATFER ARISING OUT OF OR IN ANY WAY CONNECTED
OR RELATED TO THIS AGREEMENT.

20.	Termination of Prior Agreements. All prior agreements and/or
arrangements, oral or written, relating to the employment of the
Executive by the Company and/or its subsidiaries, including the
termination of such employment, are hereby terminated and superseded
by this Agreement.

21.	Entire Agreement. This Agreement contains the entire agreement
and understanding by and between the Company and Executive with respect
to the employment herein referred to, and no representations, promises,
agreements or understandings, written or oral, not herein contained
shall be of any force or effect. No change or modification hereof shall
be valid or binding unless the same is in writing and signed by the party
intended to be bound. No waiver of any provision of this Agreement shall
be valid unless the same is in writing and signed by the party against
whom such waiver is sought to be enforced. No valid waiver of any
provision of or breach of this Agreement at any time shall be deemed
a waiver of any other provision or subsequent breach of this Agreement
at such time or will be deemed a valid waiver of such provision or
subsequent breach at any other time.

IN WITNESS WHEREOF, the Company and Executive have duly executed this
Agreement as of the day and year first above written.

THE COMPANY:	EXECUTIVE:

FIRST AMERICAN CAPITAL
CORPORATION

By:  /s/ Rick Meyer	/s/ Phillip M. Donnelly
Name: Rick D. Meyer	Phillip M. Donnelly
Title: President

EXHIBIT A

Benefit Plans

1.	Health insurance for Executive and his dependents.

2.	Term life insurance on the life of Executive in the amount of $100,000.

3.	401(k) or similar plan (with employer matching of _____% of first
 _____% deferred by Executive).

4.	Executive shall be entitled to three (3) weeks vacation per year,
to be taken at times during the year at the discretion of Executive.
However, in scheduling said vacation, Executive agrees to do so in such
a manner that will not materially adversely impact upon the operations
of the Company.

5.	Stock options available pursuant to any plan adopted by the Company.

6.	Disability insurance.
	3
	4
	5
	6
	7
	8
	EXIIIBIT A
6.Disability insurance.

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