Document:

<PAGE>
                                                                   EXHIBIT 10.54

                           SHARE RESTRICTION AGREEMENT

This Agreement ("Agreement") is made as of this 30th day of November 1998, by
and among the various persons identified on Schedule A attached hereto
(collectively the "Principal Stockholders") and Taylor Capital Group, Inc., a
Delaware corporation (the "Corporation").

         WHEREAS, the Principal Stockholders own substantially all of the issued
and outstanding shares of the capital stock of the Corporation in the amounts
set forth on Schedule A hereto;

         WHEREAS, the Corporation is a bank holding company which owns a
controlling interest in Cole- Taylor Bank.

         WHEREAS, the parties hereto are desirous of providing for restrictions
on the transfer of the Shares (as defined below) in accordance with the terms
hereof.

         NOW, THEREFORE, in consideration of the foregoing, the parties hereby
agree as follows:

         1.       Definitions.  As used herein, the following terms shall have
the following meanings:

                  (a) Bona Fide Offer - A written offer to purchase Shares,
         which offer shall be accompanied by an earnest money deposit of not
         less than 10% of the total purchase price. The term shall not include
         any offer to exchange Shares for securities to be issued or transferred
         by any person, firm or corporation in connection with the acquisition
         by such person, firm or corporation of all of the outstanding Shares.

                  (b) Bruce Taylor Family Unit - Any or all of Bruce Taylor, his
         spouse, their descendants, and the personal representative of the
         estate of any of the foregoing persons, any trustee or successor
         trustee(s) holding property for the exclusive benefit of one or more of
         Bruce Taylor, his spouse or their descendants.

                  (c) Cindy Taylor Bleil Family Unit - Any or all of Cindy
         Taylor Bleil, her spouse, their descendants, and the personal
         representative of the estate of any of the foregoing persons, any
         trustee or successor trustee(s) holding property for the exclusive
         benefit of one or more of Cindy Taylor Bleil, her spouse or their
         descendants.

                  (d) Jeffrey Taylor Family Unit - Any or all of Jeffrey Taylor,
         his spouse, their descendants, and the personal representative of the
         estate of any of the foregoing persons, any trustee or successor
         trustee(s) holding property for the exclusive benefit of one or more of
         Jeffrey Taylor, his spouse or their descendants.
<PAGE>
                  (e) Sidney Taylor Family Unit - Any or all of Sidney Taylor,
         Iris Taylor, and the personal representative of the estate of either of
         the foregoing persons, any trustee or successor trustee(s) holding
         property for the exclusive benefit of one or both of Sidney Taylor and
         Iris Taylor.

                  (f) Shares - Shares of common stock, $0.01 par value, of the
         Corporation and any other shares of the Corporation's capital stock
         presently or hereafter owned by the Stockholders. For the purposes
         hereof, "Shares" shall include Trust Certificates as defined in the
         Voting Trust Agreement of the Corporation dated as of November 30,
         1998, by and between the parties listed as depositors therein and the
         trustees named therein.

                  (g) Stockholders - The Principal Stockholders identified on
         Schedule A hereto and any other party to whom Shares are transferred in
         accordance with the provisions of this Agreement.

         2.       Restriction on Transfer.  Except as hereinafter provided, no
Stockholder shall transfer, assign, pledge or encumber (whether voluntarily or
by operation of law) his, her or its Shares in any way without the consent of
all other Stockholders.

         3.       Permitted Transfers.  Notwithstanding the provisions of
paragraph 2 hereof, any Stockholder may transfer Shares as follows:

                  (a) Any Stockholder may transfer Shares to any other
         Stockholder.

                  (b) Any Stockholder may transfer Shares in connection with a
         sale pursuant to a registered and underwritten public offering of the
         Shares.

                  (c) Any Stockholder may transfer Shares following receipt of a
         Bona Fide Offer in accordance with the provisions of paragraph 4
         hereof;

provided, however, that any party to whom such Shares are transferred (other
than pursuant to paragraph 3(b) hereof) shall have executed an instrument in
form satisfactory to all other Stockholders agreeing to be bound by the terms
and conditions of this Agreement (in which event such transferee shall thereupon
have become a "Stockholder" for all purposes hereunder).

         4.       Bona Fide Offer.

                  (a) If any Stockholder shall receive a Bona Fide Offer to
         purchase any of his, her or its Shares, which Bona Fide Offer is
         acceptable to such Stockholder (herein "the Seller"), then in such
         event the Seller shall promptly give written notice to the other
         Stockholders and to the Corporation of the Seller's intention to sell
         the subject Shares, which notice shall include a photocopy of such Bona
         Fide Offer, a copy of the check

                                      - 2 -
<PAGE>
         representing the earnest money deposit of the purchase price, and an
         offer by the Seller to sell the subject Shares to the other
         Stockholders or the Corporation in accordance with the terms hereof.

                  (b)      The offer of the Seller required by subparagraph 4(a)
         above shall run to the Stockholders in the following order:

                           (1) Persons constituting members of the same family
                  unit of which the Seller is a member (i.e., the Bruce Taylor
                  Family Unit, the Cindy Taylor Bleil Family Unit, the Jeffrey
                  Taylor Family Unit or the Sidney Taylor Family Unit, as the
                  case may be) shall have the exclusive option, for a period of
                  thirty (30) days after delivery of the Seller's notice, to
                  elect to purchase the Shares which the Seller proposes to sell
                  at the same price and on the same terms as contained in the
                  Bona Fide Offer, except for those terms pertaining to closing
                  which shall be governed by subparagraph 4(c) hereof. In the
                  event the option is exercised in a manner so as to
                  oversubscribe the Shares which Seller proposes to sell, and
                  the members of the family unit are unable to agree unanimously
                  with respect to the allocation thereof, then the number of
                  Shares which shall be purchased by each prospective purchaser
                  in the family unit shall be determined as follows:

                                    (i)  First, to the members who have elected
                           to purchase a number of Shares equal to or less than
                           their ratable portion of the Shares;

                                    (ii) Then, to the members who have elected
                           to purchase more than their ratable portion of the
                           Shares in accordance with the relative number of
                           Shares each of such purchasers then owns.

                           (2) In the event the members of the Seller's family
                  unit do not exercise their options within said 30-day period
                  as to all of the Shares proposed to be sold, the persons
                  constituting members of the other family units (e.g., if
                  Seller is a member of the Bruce Taylor Family Unit, the "other
                  family units" for purposes of this paragraph would be the
                  Cindy Taylor Bleil Family Unit, the Jeffrey Taylor Family Unit
                  and the Sidney Taylor Family Unit) shall have the exclusive
                  option, for a period of 30 days following expiration of the
                  30- day period provided for in subparagraph 4 (b)(1) above, to
                  elect to purchase the Shares proposed to be sole by the Seller
                  for which the members of Seller's family unit have not
                  exercised their options, at the same price and on the same
                  terms as contained in the Bona Fide Offer, except for those
                  terms pertaining to closing, which shall be governed by
                  subparagraph 4(c) hereof. In the event the members of the
                  other family units exercise the option in a manner so as to
                  oversubscribe the Shares which Seller proposes to sell to
                  them, then the number of Shares which shall be purchased by
                  each prospective purchaser in the other family units shall be
                  determined as follows:

                                      - 3 -
<PAGE>
                                    (i)  First, to the members of the other
                           family units who have elected to purchase a number of
                           Shares equal to or less than their ratable portion of
                           the Shares;

                                    (ii) Then, to those members of the other
                           family units who have elected to purchase more than
                           their ratable portion of the Shares in accordance
                           with the relative number of Shares each of such
                           purchasers then owns.

                           (3) In the event both the members of the Seller's
                  family unit and the members of the other family units do not
                  exercise their options within their respective 30-day option
                  periods in accordance with the terms hereof as to all the
                  Shares which Seller proposes to sell, the Corporation shall
                  have the exclusive option, for a period of 15 days following
                  expiration of the 30-day period provided for in subparagraph
                  4(b)(2) above, to elect to purchase all, and not less than
                  all, of the Shares proposed to be sold by the Seller for which
                  the members of the Seller's family unit and the members of the
                  other family units have not exercised their options, at the
                  same price and on the same terms as contained in the Bona Fide
                  Offer, except for those terms pertaining to closing, which
                  shall be governed by subparagraph 4(c) hereof.

                           (4) Notwithstanding the foregoing, the exercise of
                  any option provided for in subparagraph 4(b)(1), 4(b)(2) and
                  4(b)(3) above shall be void and of no force or effect unless
                  such options, in the aggregate, shall have been exercised with
                  respect to all of the Shares proposed to be sold by Seller.

                  (c) The closing of any purchase and sale provided for in this
         paragraph 4 shall take place at the offices of the Corporation on a
         date mutually acceptable to the parties taking part in said closing or
         within ninety (90) days following delivery of Seller's notice as
         provided for in subparagraph 4(a) hereof, whichever date is later.

                  (d) All of the options described in this paragraph 4 shall be
         exercised by giving written notice thereof to all of the other parties
         hereto.

                  (e) If Seller's offer pursuant to the provisions of
         subparagraph 4(b) hereof is not accepted as to all of the Shares
         covered by said offer by the end of all of the applicable option
         periods provided for in this paragraph 4, the Seller shall be free, for
         a period of sixty (60) days from and after the expiration of the last
         applicable option period provided for herein, to sell the subject
         Shares to the maker of the Bona Fide Offer (subject to the provisions
         of paragraph 3 hereof), in accordance with the terms of the Bona Fide
         Offer. If no such sale is consummated within said sixty (60) day
         period, the Seller shall be entitled to sell his Shares pursuant to a
         Bona Fide Offer only by again complying with the provisions of this
         paragraph 4.

                                      - 4 -
<PAGE>
         5.       Restrictive Legend.  All certificates representing Shares
shall bear the following legend:

         THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS
ON TRANSFER AS SET FORTH IN AN AGREEMENT MADE THE _____ DAY OF , 1998, AMONG THE
PRINCIPAL STOCKHOLDERS OF THE ISSUER AND THE ISSUER. COPIES OF SAID AGREEMENT
ARE AVAILABLE AT THE ISSUER'S EXECUTIVE OFFICES.

         6.       Notices.  All notices provided for hereunder shall be either
hand delivered or served by certified or registered mail, return receipt
requested, at the following addresses:

         To Bruce Taylor Family Unit:

                  Bruce Taylor
                  c/o Cole Taylor Bank
                  350 East Dundee Road, Suite 300
                  Wheeling, Illinois 60090

         To Cindy Taylor Bleil Family Unit:

                  Cindy Taylor Bleil
                  214 Barberry Road
                  Highland Park, Illinois 60035

         To Jeffrey Taylor Family Unit:

                  Jeffrey Taylor
                  c/o Cole Taylor Bank
                  350 East Dundee Road, Suite 300
                  Wheeling, Illinois 60090

         To Sidney Taylor Family Unit:

                  Sidney Taylor
                  c/o Cole Taylor Bank
                  350 East Dundee Road, Suite 300
                  Wheeling, Illinois 60090

                                      - 5 -
<PAGE>
         To the Corporation:

                  Taylor Capital Group, Inc.
                  350 E. Dundee Road
                  Suite 300
                  Wheeling, Illinois 60090
                  Attention: President

                  with a copy to:

                  Steven A. Shapiro
                  Katten, Muchin & Zavis
                  525 W. Monroe
                  Suite 1600
                  Chicago, Illinois 60661

         Any party may change the address for such notice by notice so given to
all other parties. Any parties who become Stockholders after the date hereof
shall designate an address for service of notices. All notices shall be deemed
served on the personal delivery thereof to the addressee or the postmark date
thereof.

              [THE REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]

                                      - 6 -
<PAGE>
         IN WITNESS WHEREOF, the parties have executed this Agreement the day
and year first written above.

Corporation

TAYLOR CAPITAL GROUP, INC.

By: /s/ Bruce W. Taylor
   ------------------------------------------

Its: President
    -----------------------------------------

Principal Stockholders

         SHIRLEY TARK GRANDCHILDRENS TRUST
         FBO JEFFREY TAYLOR U/A DTD 1/20/78

         By: /s/ Iris Tark Taylor
            ----------------------------------
                  Iris Tark Taylor, Trustee

         By: /s/ Melvin E. Pearl
            ----------------------------------
                  Melvin E. Pearl, Trustee

         SHIRLEY TARK GRANDCHILDRENS TRUST
         F/B/O BRUCE TAYLOR U/A DTD 1/20/78

         By: /s/ Iris Tark Taylor
            ----------------------------------
                  Iris Tark Taylor, Trustee

         By: /s/ Melvin E. Pearl
            ----------------------------------
                  Melvin E. Pearl, Trustee

         SHIRLEY TARK GRANDCHILDRENS TRUST
         F/B/O CINDY TAYLOR BLEIL U/A DTD 1/20/78

         By: /s/ Iris Tark Taylor
            ----------------------------------
                  Iris Tark Taylor, Trustee

         By: /s/ Melvin E. Pearl
            ----------------------------------
                  Melvin E. Pearl, Trustee

<PAGE>
         TAYLOR FAMILY PARTNERSHIP, L.P.

         By:      SHIRLEY TARK GRANDCHILDRENS TRUST
                  F/B/O JEFFREY TAYLOR U/A DTD 1/20/78, GENERAL PARTNER

                  By:  /s/ Iris Tark Taylor
                     -----------------------------------
                           Iris Tark Taylor, Trustee

                  By: /s/ Melvin E. Pearl
                     -----------------------------------
                           Melvin E. Pearl, Trustee

         By:      SHIRLEY TARK GRANDCHILDRENS TRUST
                  F/B/O BRUCE TAYLOR U/A DTD 1/20/78, GENERAL PARTNER

                  By:  /s/ Iris Tark Taylor
                     -----------------------------------
                           Iris Tark Taylor, Trustee

                  By: /s/ Melvin E. Pearl
                     -----------------------------------
                           Melvin E. Pearl, Trustee

         By:      SHIRLEY TARK GRANDCHILDRENS TRUST
                  F/B/O CINDY TAYLOR BLEIL U/A DTD 1/20/78, GENERAL PARTNER

                  By:  /s/ Iris Tark Taylor
                     -----------------------------------
                           Iris Tark Taylor, Trustee

                  By: /s/ Melvin E. Pearl
                     -----------------------------------
                           Melvin E. Pearl, Trustee

         SHIRLEY TARK GREAT GRANDCHILDRENS TRUST
         F/B/O FAMILY OF JEFFREY TAYLOR U/A DTD 1/20/78

         By:  /s/ Iris Tark Taylor
            -------------------------------------
                  Iris Tark Taylor, Trustee

         By: /s/ Melvin E. Pearl
            -------------------------------------
                  Melvin E. Pearl, Trustee

<PAGE>
         SHIRLEY TARK GREAT GRANDCHILDRENS TRUST
         F/B/O FAMILY OF CINDY TAYLOR BLEIL U/A DTD 1/20/78

         By:  /s/ Iris Tark Taylor
            -----------------------------------
                  Iris Tark Taylor, Trustee

         By: /s/ Melvin E. Pearl
            -----------------------------------
                  Melvin E. Pearl, Trustee

         SHIRLEY TARK GREAT GRANDCHILDRENS TRUST
         F/B/O FAMILY OF BRUCE TAYLOR U/A DTD 1/20/78

         By:  /s/ Iris Tark Taylor
            -----------------------------------
                  Iris Tark Taylor, Trustee

         By: /s/ Melvin E. Pearl
            -----------------------------------
                  Melvin E. Pearl, Trustee

         CINDY L. TAYLOR GIFT TRUST U/A DTD 6/10/82

         By: /s/ Melvin E. Pearl
            -----------------------------------
                  Melvin E. Pearl, Trustee

         BRUCE TAYLOR GIFT TRUST U/A DTD 6/10/82

         By: /s/ Melvin E. Pearl
            -----------------------------------
                  Melvin E. Pearl, Trustee

         JEFFREY W. TAYLOR GIFT TRUST U/A DTD 6/10/82

         By:  /s/ Melvin E. Pearl
            -----------------------------------
                  Melvin E. Pearl, Trustee

         TAYLOR ANNUAL GIFT TRUST
         FBO JEFFREY W. TAYLOR U/A DTD 12/14/82

         By:  /s/ Iris Tark Taylor
            -----------------------------------
                  Iris Tark Taylor, Trustee

<PAGE>
         TAYLOR ANNUAL GIFT TRUST
         FBO BRUCE W. TAYLOR U/A DTD 12/14/82

         By:  /s/ Iris Tark Taylor
            ----------------------------------
                  Iris Tark Taylor, Trustee

         TAYLOR ANNUAL GIFT TRUST
         FBO CINDY TAYLOR BLEIL U/A DTD 12/14/82

         By:  /s/ Iris Tark Taylor
            -----------------------------------
                  Iris Tark Taylor, Trustee

         TAYLOR ANNUAL GIFT TRUST
         FBO BRIAN TAYLOR U/A DTD 12/14/82

         By:  /s/ Iris Tark Taylor
            -----------------------------------
                  Iris Tark Taylor, Trustee

         TAYLOR ANNUAL GIFT TRUST
         FBO ADAM TAYLOR U/A DTD 12/14/82

         By:  /s/ Iris Tark Taylor
            -----------------------------------
                  Iris Tark Taylor, Trustee

         TAYLOR ANNUAL GIFT TRUST
         FBO MELISSA TAYLOR U/A DTD 12/14/82

         By:  /s/ Iris Tark Taylor
            -----------------------------------
                  Iris Tark Taylor, Trustee

         TAYLOR ANNUAL GIFT TRUST
         FBO EMILY TAYLOR U/A DTD 12/14/82

         By:  /s/ Iris Tark Taylor
            -----------------------------------
                  Iris Tark Taylor, Trustee

         TAYLOR ANNUAL GIFT TRUST
         FBO STEPHANIE LYNN TAYLOR U/A DTD 7/10/83

         By:  /s/ Iris Tark Taylor
            -----------------------------------
                  Iris Tark Taylor, Trustee

<PAGE>
         TAYLOR ANNUAL GIFT TRUST
         FBO LISA REBECCA TAYLOR U/A DTD 7/10/83

         By:  /s/ Iris Tark Taylor
            -----------------------------------
                  Iris Tark Taylor, Trustee

         TAYLOR ANNUAL GIFT TRUST
         FBO REBECCA INEZ BLIEL U/A DTD 11/18/85

         By:  /s/ Iris Tark Taylor
            -----------------------------------
                  Iris Tark Taylor, Trustee

         TAYLOR ANNUAL GIFT TRUST
         FBO BRETT DANIEL TAYLOR U/A DTD 11/18/85

         By:  /s/ Iris Tark Taylor
            -----------------------------------
                  Iris Tark Taylor, Trustee

         TAYLOR ANNUAL GIFT TRUST
         FBO ELIZABETH ANN BLEIL U/A DTD 12/15/87

         By:  /s/ Iris Tark Taylor
            -----------------------------------
                  Iris Tark Taylor, Trustee

         TAYLOR ANNUAL GIFT TRUST
         FBO RYAN TAYLOR U/A DTD 8/1/88

         By:  /s/ Iris Tark Taylor
            -----------------------------------
                  Iris Tark Taylor, Trustee
         LILLIAN M. TARK IRIS FUND U/A DTD 10/20/71

         By:  /s/ Iris Tark Taylor
            -----------------------------------
                  Iris Tark Taylor, Trustee

         By:      COLE TAYLOR BANK, Trustee

                  By:  /s/ Bruce W. Taylor
                     --------------------------
                  Its: President
                      -------------------------

<PAGE>
         TAYLOR 1992 TRUST FBO STEPHANIE LYNN TAYLOR
         U/A DTD 12/17/92

         By:  /s/ Melvin E. Pearl
            -----------------------------------
                  Melvin E. Pearl, Trustee

         TAYLOR 1992 TRUST FBO LISA REBECCA TAYLOR
         U/A DTD 12/17/92

         By:  /s/ Melvin E. Pearl
            -----------------------------------
                  Melvin E. Pearl, Trustee

         TAYLOR 1992 TRUST FBO REBECCA INEZ BLEIL
         U/A DTD 12/17/92

         By:  /s/ Melvin E. Pearl
            -----------------------------------
                  Melvin E. Pearl, Trustee

         TAYLOR 1992 TRUST FBO BRETT DANIEL TAYLOR
         U/A DTD 12/17/92

         By:  /s/ Melvin E. Pearl
            -----------------------------------
                  Melvin E. Pearl, Trustee

         TAYLOR 1992 TRUST FBO ELIZABETH ANN BLEIL
         U/A DTD 12/17/92

         By:  /s/ Melvin E. Pearl
            -----------------------------------
                  Melvin E. Pearl, Trustee

         TAYLOR 1992 TRUST FBO RYAN TAYLOR
         U/A DTD 12/17/92

         By:  /s/ Melvin E. Pearl
            -----------------------------------
                  Melvin E. Pearl, Trustee

<PAGE>
         TAYLOR 1992 TRUST FBO ELLIOTT BENJAMIN TAYLOR
         U/A DTD 12/17/92

         By:  /s/ Melvin E. Pearl
            -----------------------------------
                  Melvin E. Pearl, Trustee

         TAYLOR 1992 TRUST FBO ADAM TAYLOR
         U/A DTD 12/17/92

         By:  /s/ Melvin E. Pearl
            -----------------------------------
                  Melvin E. Pearl, Trustee

         TAYLOR 1992 TRUST FBO EMILY TAYLOR
         U/A DTD 12/17/92

         By:  /s/ Melvin E. Pearl
            -----------------------------------
                  Melvin E. Pearl, Trustee

         TAYLOR 1992 TRUST FBO MELISSA TAYLOR
         U/A DTD 12/17/92

         By:  /s/ Melvin E. Pearl
            -----------------------------------
                  Melvin E. Pearl, Trustee

         TAYLOR 1992 TRUST FBO BRIAN TAYLOR
         U/A DTD 12/17/92

         By:  /s/ Melvin E. Pearl
            -----------------------------------
                  Melvin E. Pearl, Trustee

         SIDNEY J. TAYLOR, TTEE UNDER SELF
         DECLARATION OF TRUST DTD 09/17/76

         By:  /s/ Sidney J. Taylor
            -----------------------------------
                  Sidney J. Taylor, Trustee

         SIDNEY J. TAYLOR, TTEE UNDER SELF
         DECLARATION OF TRUST DTD 09/17/76

         By:  /s/ Sidney J. Taylor
            -----------------------------------
                  Sidney J. Taylor, Trustee

<PAGE>
         SIDNEY J. TAYLOR ROLLOVER IRA

         By:  /s/ Sidney J. Taylor
            -----------------------------------
                  Sidney J. Taylor

         SUSAN TAYLOR REVOCABLE TRUST
         U/A DTD 3/25/94

         By:  /s/ Susan Taylor
            -----------------------------------
                  Susan Taylor

              /s/ Sidney J. Taylor
            -----------------------------------
                  Sidney J. Taylor

              /s/ Cindy Taylor Bleil
            -----------------------------------
                  Cindy Taylor Bleil

              /s/ Jeffrey W. Taylor
            -----------------------------------
                  Jeffrey W. Taylor

              /s/ Bruce W. Taylor
            -----------------------------------
                  Bruce W. Taylor

              /s/ Barbara Taylor
            -----------------------------------
                  Barbara Taylor

              /s/ Daniel Bleil
            -----------------------------------
                  Daniel Bleil

<PAGE>
                                   SCHEDULE A

<TABLE>
<CAPTION>
                                                                   Percentage of
Principal Stockholder                                     Shares   Family Stock
---------------------                                     ------   ------------
<S>                                                       <C>           <C>

SHIRLEY TARK GRANDCHILDRENS TRUSTS:

for Jeffrey                                               211,320       5.09%
for Bruce                                                 211,320       5.09%
for Cindy                                                 211,320       5.09%

TAYLOR FAMILY PARTNERSHIP, L.P.                           974,006      23.46%

SHIRLEY TARK GREAT-GRANDCHILDRENS TRUST:

for Family of Jeffrey                                     261,320       6.29%
for Family of Cindy                                       261,320       6.29%
for Family of Bruce                                       261,320       6.29%

TAYLOR GIFT TRUSTS:

Cindy Taylor Gift Trust                                    26,520        .64%
Bruce Taylor Gift Trust                                    26,480        .64%
Jeff Taylor Gift Trust                                     26,520        .64%

TAYLOR ANNUAL GIFT TRUSTS:

for Jeffrey                                                17,800        .43%
for Bruce                                                  21,720        .52%
for Cindy                                                  21,720        .52%
for Brian                                                  21,720        .52%
for Adam                                                   21,720        .52%
for Melissa                                                21,760        .52%
for Emily                                                  21,760        .52%
for Stephanie Lynn                                         16,960        .41%
for Lisa Rebecca                                           16,960        .41%
for Rebecca Inez                                           11,320        .27%
for Brett Daniel                                           11,320        .27%
for Elizabeth Ann                                           4,640        .11%
for Ryan                                                    1,480        .04%
</TABLE>
<PAGE>
<TABLE>
<S>                                                       <C>           <C>
IRIS FUND U/LILLIAN M. TARK TRUST                         152,200       3.66%

TAYLOR 1992 GIFT TRUSTS:

for Stephanie                                               5,280        .13%
for Lisa                                                    5,380        .13%
for Rebecca                                                 9,500        .23%
for Brett                                                   9,500        .23%
for Elizabeth                                               9,500        .23%
for Ryan                                                    9,500        .23%
for Elliott                                                 9,500        .23%
for Adam                                                      480        .01%
for Emily                                                     580        .01%
for Melissa                                                   580        .01%
for Brian                                                     580        .01%

Sidney J. Taylor Revocable Trust                          509,280      12.26%
Sidney J. Taylor Revocable Trust                           38,040        .92%
Sidney J. Taylor                                           45,830       1.10%
Sidney J. Taylor IRA                                        2,500        .06%
Cindy Taylor Bleil                                        127,360       3.07%
Jeffrey W. Taylor                                         223,630       5.39%
Bruce W. Taylor                                           267,630       6.44%
Susan Taylor Revocable Trust                               40,700        .98%
Barbara Taylor                                                700        .02%
Dan Bleil                                                     700        .02%
</TABLE><PAGE>

                                                                   EXHIBIT 10.55

               AMENDMENT NUMBER ONE OF SHARE RESTRICTION AGREEMENT

         WHEREAS, a certain Share Restriction Agreement (the "Agreement") was
made and entered into as of November 30, 1998 by and between the Principal
Stockholders identified on Schedule A attached hereto and Taylor Capital Group,
Inc., a Delaware corporation (the "Corporation"); and

         WHEREAS, the Principal Stockholders listed as Depositors and the
Parties listed as Trustees on Schedule B attached hereto entered into a certain
Voting Trust Agreement dated as of November 30, 1998; and

         WHEREAS, the Principal Stockholders and the Corporation desire to amend
the Share Restriction Agreement to allow for certain permitted transfers.

         NOW, THEREFORE, the parties hereto do hereby amend the Agreement as
follows:

         FIRST: The parties hereto hereby add the following subparagraph (d) of
paragraph 3 of the Agreement which shall immediately follow subparagraph (c) of
paragraph 3:

         "(d)     Any Stockholder may transfer Shares to any trust for the
                  benefit of said Stockholder, to any trust for the benefit of
                  the spouse (or surviving spouse) of said Stockholder, to any
                  descendant of said Stockholder and/or to any trust for the
                  benefit of any descendant of said Stockholder;"

         SECOND: The parties hereto hereby add the following paragraph 7 of the
Agreement which shall immediately follow paragraph 6:

         "6.      The provisions of this Agreement may be amended upon the
                  written consent of the parties hereto."

         THIRD: In all other respects the parties do hereby affirm and ratify
the Share Restriction Agreement.
<PAGE>
         IN WITNESS WHEREOF, the parties have executed this Amendment as of the
1st day of December, 1999.

                               CORPORATION

                               Taylor Capital Group, Inc.

                               By:  /s/ Bruce W. Taylor
                                  ---------------------------------------
                               Its: President
                                   --------------------------------------

                               PRINCIPAL STOCKHOLDERS

                               /s/ Iris Tark Taylor
                               --------------------------------------------
                               Iris Tark Taylor, as Trustee Under Voting Trust
                               Agreement dated as of November 30, 1998

                               /s/ Jeffrey W. Taylor
                               --------------------------------------------
                               Jeffrey W. Taylor, as Trustee Under Voting Trust
                               Agreement dated as of November 30, 1998

                               /s/ Bruce W. Taylor
                               --------------------------------------------
                               Bruce W. Taylor, as Trustee Under Voting Trust
                               Agreement dated as of November 30, 1998

                               /s/ Cindy Taylor Bleil
                               --------------------------------------------
                               Cindy Taylor Bleil, as Trustee Under Voting Trust
                               Agreement dated as of November 30, 1998

<PAGE>
                            TAYLOR FAMILY PARTNERSHIP, L.P.
                            -------------------------------

                            Shirley Tark Grandchildrens Trust F/B/O Jeffrey W.
                            Taylor U/A/D 1/20/78, General Partner

                            By:  /s/ Iris Tark Taylor
                               --------------------------------------------
                                     Iris Tark Taylor, Trustee

                            By:  /s/ Melvin E. Pearl
                               --------------------------------------------
                                     Melvin E. Pearl, Trustee

                            Shirley Tark Grandchildrens Trust F/B/O Bruce W.
                            Taylor U/A/D 1/20/78, General Partner

                            By:  /s/ Iris Tark Taylor
                               --------------------------------------------
                                     Iris Tark Taylor, Trustee

                            By:  /s/ Melvin E. Pearl
                               --------------------------------------------
                                     Melvin E. Pearl, Trustee

                            Shirley Tark Grandchildrens Trust F/B/O Cindy Taylor
                            Bleil U/A/D 1/20/78, General Partner

                            By:  /s/ Iris Tark Taylor
                               --------------------------------------------
                                     Iris Tark Taylor, Trustee

                            By:  /s/ Melvin E. Pearl
                               --------------------------------------------
                                     Melvin E. Pearl, Trustee

<PAGE>

                                     Cindy L. Taylor Gift Trust U/A/D 6/10/82

                                     By:  /s/ Melvin E. Pearl
                                        ---------------------------------------
                                              Melvin E. Pearl, Trustee

                                     Bruce W. Taylor Gift Trust U/A/D 6/10/82

                                     By:  /s/ Melvin E. Pearl
                                        ---------------------------------------
                                              Melvin E. Pearl, Trustee

                                     Jeffrey W. Taylor Gift Trust U/A/D 6/10/82

                                     By:  /s/ Melvin E. Pearl
                                        ---------------------------------------
                                              Melvin E. Pearl, Trustee

<PAGE>
                                   SCHEDULE A

Principal Stockholder

SHIRLEY TARK GRANDCHILDRENS TRUSTS:

for Jeffrey
for Bruce
for Cindy

TAYLOR FAMILY PARTNERSHIP, L.P.

SHIRLEY TARK GREAT-GRANDCHILDRENS TRUST:

for Family of Jeffrey
for Family of Cindy
for Family of Bruce

TAYLOR GIFT TRUSTS:

Cindy Taylor Gift Trust
Bruce Taylor Gift Trust
Jeff Taylor Gift Trust

TAYLOR ANNUAL GIFT TRUSTS:

for Jeffrey
for Bruce
for Cindy
for Brian
for Adam
for Melissa
for Emily
for Stephanie Lynn
for Lisa Rebecca
for Rebecca Inez
for Brett Daniel
for Elizabeth Ann
for Ryan
<PAGE>
IRIS FUND U/LILLIAN M. TARK TRUST

TAYLOR 1992 GIFT TRUSTS:

for Stephanie
for Lisa
for Rebecca
for Brett
for Elizabeth
for Ryan
for Elliott
for Adam
for Emily
for Melissa
for Brian

Sidney J. Taylor Revocable Trust
Sidney J. Taylor Revocable Trust
Sidney J. Taylor
Sidney J. Taylor IRA
Cindy Taylor Bleil
Jeffrey W. Taylor
Bruce W. Taylor
Susan Taylor Revocable Trust
Barbara Taylor
Dan Bleil
<PAGE>
                                   SCHEDULE B

Depositor                                            Trustee

SHIRLEY TARK GRANDCHILDRENS TRUSTS:

for Jeffrey                                          Jeffrey Taylor
for Bruce                                            Bruce Taylor
for Cindy                                            Cindy Taylor Bleil

SHIRLEY TARK GREAT-GRANDCHILDRENS TRUST:

for Family of Jeffrey                                Jeffrey Taylor
for Family of Cindy                                  Cindy Taylor Bleil
for Family of Bruce                                  Bruce Taylor

TAYLOR ANNUAL GIFT TRUSTS:

for Jeffrey                                          Jeffrey Taylor
for Bruce                                            Bruce Taylor
for Cindy                                            Cindy Taylor Bleil
for Brian                                            Jeffrey Taylor
for Adam                                             Jeffrey Taylor
for Melissa                                          Jeffrey Taylor
for Emily                                            Jeffrey Taylor
for Stephanie Lynn                                   Bruce Taylor
for Lisa Rebecca                                     Jeffrey Taylor
for Rebecca Inez                                     Cindy Taylor Bleil
for Brett Daniel                                     Bruce Taylor
for Elizabeth Ann                                    Cindy Taylor Bleil
for Ryan                                             Bruce Taylor

<PAGE>

IRIS FUND U/LILLIAN M. TARK TRUST                    Iris Tark Taylor

TAYLOR 1992 GIFT TRUSTS:

for Stephanie                                        Bruce Taylor
for Lisa                                             Jeffrey Taylor
for Rebecca                                          Cindy Taylor Bleil
for Brett                                            Bruce Taylor
for Elizabeth                                        Cindy Taylor
for Ryan                                             Bruce Taylor
for Elliott                                          Jeffrey Taylor
for Adam                                             Jeffrey Taylor
for Emily                                            Jeffrey Taylor
for Melissa                                          Jeffrey Taylor
for Brian                                            Jeffrey Taylor

Sidney J. Taylor Revocable Trust                     Iris Tark Taylor
Sidney J. Taylor Revocable Trust                     Iris Tark Taylor
Sidney J. Taylor                                     Iris Tark Taylor
Sidney J. Taylor IRA                                 Iris Tark Taylor
Cindy Taylor Bleil                                   Cindy Taylor Bleil
Jeffrey W. Taylor                                    Jeffrey  Taylor
Bruce W. Taylor                                      Bruce Taylor
Susan Taylor Revocable Trust                         Jeffrey Taylor
Barbara Taylor                                       Bruce Taylor
Dan Bleil                                            Cindy Taylor Bleil

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00043-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00043-of-00352.parquet"}]]