Document:

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                                                                   Exhibit 10.16

              DYNAMICS RESEARCH CORPORATION SPECIAL SEVERANCE PLAN
              ----------------------------------------------------

Dynamics Research Corporation's (DRC) Special Severance Plan will, in the event
of a Change of Control, protect selected and participating senior executives by
providing a generous compensation arrangement should they be adversely affected
by the Change of Control, and help DRC retain qualified employees and maintain a
stable work environment.

SECTION 1: DEFINITIONS

The following terms shall have the meanings set forth below:

1.1.     Board - The Board of Directors of the Company.

1.2.     Cause - (a) an Employee's willful and continued failure to
         substantially perform his or her duties, or (b) an Employee's willful
         engagement in conduct that is demonstrably and materially injurious,
         monetarily or otherwise, to a DRC Company or a Successor Employer.

1.3.     Change in Control - With respect to an Employee, the consummation of
         any transaction after the Effective Date, that results in the business
         of the Employer being conducted by an entity that is not a DRC Company.
         A Change in Control may be deemed to have occurred with respect to a
         single Employee or a group of Employees under the Plan without
         occurring with respect to other Employees under the Plan.
         Notwithstanding the foregoing, a Change in Control shall not be deemed
         to have occurred as a result of or in connection with (y) the
         distribution, whether by dividend or otherwise, of shares of the
         capital stock of DRC to its stockholders in substantially the same
         proportion as the shares are owned by its stockholders, or (z) the sale
         of all or any shares of capital stock of a DRC Company (i) pursuant to
         a registration statement filed with and declared effective by the
         Securities and Exchange Commission, or (ii) to any employees or
         employee benefit plan, or pursuant to any employee stock ownership or
         stock option plan or other fringe benefit plan, program, or practice
         sponsored, maintained, or administered by any company that immediately,
         prior to such sale was a DRC Company.

1.4.     Company - Dynamics Research Corporation, a Massachusetts corporation,
         and its successors.

1.5.     DRC - Dynamics Research Corporation and all of its Subsidiaries.

1.6.     Effective Date - January 1, 2001.

1.7.     Employee - a person whose participation in the Plan has been authorized
         by the Board or its designated representative and who has executed a
         participation agreement containing such terms, conditions, and
         limitations as may be prescribed and amended by the Board from time to
         time. An Employee shall automatically cease to be an Employee and a
         participant in the Plan if and when, prior to a Change in Control with
         respect to the Employee, his or her employment with DRC terminates for
         any reason.

                                       1

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1.8.     Employer - The Company group, division, or operating unit to which an
         Employee is rendering substantially all of his or her services from
         time to time.

1.9.     ERISA - The Employee Retirement Income Security Act of 1974, as it
         maybe amended from time to time.

1.10.    Good Reason - Without an Employee's express written consent, the
         occurrence on or after a Change in Control of any of the following
         circumstances, unless such circumstances are corrected fully prior to
         the Severance Date:

         (a) a reduction in the Employee's Pay; or

         (b) the Employer's requiring the Employee to transfer to another
             office, facility, or job location more than fifty (50) miles from
             the Employee's then current office, facility, or job location.

1.11.    Month of Pay - The Employee's Pay prorated for one month in accordance
         with the Employee's regular payroll procedures.

1.12.    Pay - The sum of (a) the Employee's current yearly salary, plus (b) the
         greater of the Employee's most recent annual incentive compensation
         target award immediately prior to the Change in Control or the
         Employees most recent annual incentive compensation target award
         immediately prior to the Severance Date.

1.13.    Plan - The DRC Special Severance Plan, as set forth herein and as it
         may be amended from time to time. All such amendments shall be
         incorporated herein by reference as of the date of such amendment.

1.14.    Plan Administrator - The Compensation Committee of the Board of
         Directors of the Company, or such individuals or others as they shall
         appoint to administer the Plan.

1.15.    Salary - The greater of an Employee's annual base salary rate
         immediately prior to the applicable Change in Control or the Employee's
         annual base salary rate immediately prior to the Severance Date. Salary
         does not include bonuses or any other remuneration.

1.16.    Severance - The termination, while the Employee is an Employee, of his
         or her employment with the Company and the Successor Employers on or
         after the Effective Date and on or within two years after the first
         applicable Change in Control of the Employer, (i) by the Company and
         the Successor Employers other than for Cause, or (ii) by the Employee
         for Good Reason. An Employee shall not be considered to have incurred a
         Severance if his or her employment is discontinued by reason of (a) the
         Employee's voluntary termination of employment other than for Good
         Reason, (b) the Employee's mandatory retirement as permitted by
         applicable law, (c) the Employee's death, (d) a physical or mental
         condition that causes the Employee to be unable to substantially
         perform his or her duties including, without limitation, any condition
         that entitles the Employee to benefits under any sick pay or disability
         income policy or program of a the Company or a Successor Employer, (e)
         the Employer's requiring the Employee to transfer to another office,
         facility, or job location fifty (50) miles or less from the Employee's
         then current office, facility, or job location.

1.17.    Severance Date - The effective date of an Employee's Severance from
         employment with all DRC Companies and Successor Employers.

                                       2

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1.18.    Severance Pay - Payments made to Employees pursuant to Section 2.1.

1.19.    Successor Employers - After a Change in Control of an Employer, the
         Employer, any company or other entity that has acquired or acquires the
         Employer, and all affiliates (as such term is defined in the
         regulations under the Securities Act of 1933) of the Employer or of any
         company or other entity that has acquired or acquires the Employer.
         "Successor Employer" means any of the Successor Employers.

SECTION 2:   BENEFITS

2.1.     Each Employee who incurs a Severance shall be entitled to receive
         Severance Pay equal to the number of Months of Pay, determined as
         follows:

                  Salary                                    Months of Pay
                  ------                                    -------------

         Less than $110,000                                         6

         More than $110,000 and less
         than or equal to $160,000                                  9

         More than $160,000 and less
         than or equal to $215,000                                 12

         More than $215,000                                        18

2.2.     Each Salary parameter figure set forth in 2.1 shall automatically
         increase by 5% on each anniversary of the Effective Date, provided,
         however that no such increase shall ever cause or result in an Employee
         receiving a lesser Months of Pay benefit, except for other
         disqualifying conditions provided for herein, then the Employee was
         previously entitled before the automatic increase.

2.3.     No Employee shall be eligible to receive Severance Pay or any other
         benefits under the Plan unless he or she first executes a valid and
         legally binding release in writing, in a form and manner prescribed by
         the Plan Administrator, releasing Dynamics Research Corporation, the
         Successor Employers, and their employees, officers, and directors from
         claims and liabilities of any kind relating to his or her employment.

2.4.     Severance Pay will be paid to eligible Employees in one lump sum, less
         required legal deductions. Severance Pay will be paid after the
         Severance Date on the first pay day which is more than seven (7) days
         following the Employee's execution of a valid and legally binding
         release in accordance with the provisions of Section 2.3.

2.5.     If the Company or a Successor Employer are or should become obligated
         by law or by contract to pay an Employee severance pay, salary
         continuance, notice pay, a termination indemnity, or the like, or if a
         the Company or a Successor Employer are or should become obligated by
         law or by contract to provide advance notice of separation ("Notice")
         to an Employee, then any Severance Pay otherwise payable under the Plan
         to the Employee shall be reduced by the amount of any such severance
         pay, salary continuance, notice pay, termination indemnity, or the
         like, and by the amount of compensation received with respect to any
         Notice period (including any Notice period which may be required under
         the Worker Adjustment and Retraining Notification Act) during which the
         Employee

                                       3

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         is not required to work.

2.6.     For the period after the Severance Date equal to the Months of Pay used
         in Section 2.1 to compute the amount of Severance Pay, the Company
         shall arrange to provide the Employee with life and health insurance
         benefits substantially similar to those that the Employee was receiving
         immediately prior to the Severance Date, but, except as otherwise
         required by law, coverage under those benefits shall not continue after
         the Employee becomes an employee of another employer and covered under
         another group health or group life plan, respectively.

SECTION 3:   CLAIMS OPERATION AND INTERPRETATION

3.1.     The Plan shall be interpreted, administered, and operated by the Plan
         Administrator, who shall have complete authority, in his or her sole
         discretion, to determine who is eligible for benefits under the Plan,
         to interpret the Plan, to prescribe, amend, interpret and rescind rules
         and regulations relating to the Plan, and to make all of the
         determinations necessary or advisable for the administration of the
         Plan.

3.2.     All questions of any character whatsoever arising in connection with
         the interpretation of the Plan or its administration or operation shall
         be submitted to and settled and determined by the Plan Administrator in
         an equitable and fair manner in accordance with the procedure for
         claims and appeals described in Section 3.4. Subject to the provisions
         of Section 6.4, any such settlement and determination shall be final
         and conclusive, and shall bind and may be relied upon by the Company,
         each of the Employees, and all other parties in interest.

3.3.     The Plan Administrator may delegate any of their duties hereunder to
         such person or persons as they may designate from time to time.

3.4.     An Employee shall file a written claim with the Plan Administrator in
         order to receive severance benefits under the Plan. The Plan
         Administrator shall, within sixty (60) days after receipt of the
         written claim, send a written notification to the Employee as to its
         disposition. In the event the claim is wholly or partially denied, the
         written notification shall (a) state the specific reason or reasons for
         the denial, (b) make specific reference to pertinent Plan provisions on
         which the denial is based, (c) provide a description of any additional
         material or information necessary for the Employee to perfect the claim
         and an explanation of why such material or information is necessary,
         and (d) set forth the procedure by which the Employee may appeal the
         denial of his or her claim. In the event an Employee wishes to appeal
         the denial of his or her claim, he or she may request a review of the
         denial by making application in writing to the Plan Administrator
         within sixty (60) days after receipt of the denial. The Employee (or
         his or her duly authorized legal representative) may, upon written
         request to the Plan Administrator, review any documents pertinent to
         his or her claim, and submit in writing issues and comments in support
         of his or her position. Within sixty (60) days after receipt of a
         written appeal (unless special circumstances, such as the need to hold
         a hearing, require an extension of time, but in no event more than one
         hundred twenty (120) days after such receipt) the Plan Administrator
         shall notify the Employee of the final decision. The final decision
         shall be in writing and shall include specific reasons for the
         decision, written in a manner calculated to be understood by the
         claimant, and specific references to the pertinent Plan provisions on
         which the decision is based. In the event the Employee wishes to appeal
         from the Plan Administrator's decision, the Employee may submit the
         claim to final and binding arbitration, in accordance with Section 6.4,
         by giving written notice to the Plan Administrator within sixty (60)
         days after receipt of the Plan Administrators decision. No arbitration
         for benefits under the Plan may be commenced unless and until the
         Employee has submitted a written claim for benefits, has been notified
         that the claim has been denied, has filed

                                       4

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         a written request for review of the denied claim, and has been notified
         in writing that the denial of the claim has been affirmed, all in
         accordance with the claims procedure described above.

SECTION 4:   PLAN MODIFICATION OR TERMINATION

4.1.     The Plan shall terminate upon the earliest of (a) the third anniversary
         of the Effective Date, or (b) the date on which more than 50% of the
         shares of capital stock of the Company are distributed, whether by
         dividend or otherwise, to their stockholders, or (c) the date on which
         more than 50% of the shares of capital stock of the Company or any
         parent company of the Company are sold by a DRC Company (i) pursuant to
         a registration statement filed with and declared effective by the
         Securities and Exchange Commission, or (ii) to any employees or
         employee benefit plan, or pursuant to any employee stock ownership or
         stock option plan or other fringe benefit plan, program or practice
         sponsored, maintained or administered by a the Company, or any
         affiliate (as such term is defined in the regulations under the
         Securities Act of 1933) of the Company. Notwithstanding the foregoing,
         in the event there has been a Change in Control of an Employer prior to
         the termination of the Plan, the Plan shall terminate with respect to
         the Employees of such Employer upon the second anniversary of the
         Change in Control.

4.2.     The Plan may be amended by the Board at any time; provided, however,
         that except as otherwise provided in Section 5.2, until the expiration
         date or termination date of the Plan, no amendment may be made which
         would be adverse to the eligibility or level of benefits in Section 2
         for any Employee or, after a Change in Control, similarly adverse to
         the benefits of any Employee or to the interests of a DRC Company.

SECTION 5:   GOVERNMENT LAWS AND REGULATIONS

5.1.     The Plan, as a "severance pay arrangement" within the meaning of
         Section 3(2) (B) (i) of ERISA, is intended to be excepted from the
         definitions of "employee pension benefit plan" and "pension plan" in
         Section 3(2) of ERISA, and is intended to meet the descriptive
         requirements of a plan constituting a "severance pay plan" within the
         meaning of regulations published by the Secretary of Labor at Title 29,
         Code of Federal Regulations, Section 2510.3-2(b).

5.2.     The Plan and the rights of Employees to Severance Pay under the Plan
         shall be subject to all applicable governmental laws and regulations.
         Notwithstanding any other provision of the Plan to the contrary, the
         Board may in its discretion make such changes in the Plan as may be
         required to conform the Plan to all applicable governmental laws and
         regulations.

SECTION 6:   GENERAL PROVISIONS

6.1.     Nothing in the Plan shall be deemed to give any Employee the right to
         be retained in the employ of any company or to interfere with the right
         of any company to discharge an Employee at any time and for any lawful
         reason, with or without notice or cause. I n addition, nothing in the
         Plan shall restrict an Employees right to terminate his or her
         employment at any time.

6.2.     Except as otherwise provided herein or by law, no right or interest of
         an Employee under the Plan shall be assignable or transferable, in
         whole or in part, either directly or by operation of law or otherwise,
         including without limitation by execution, levy, garnishment,
         attachment, pledge, or any other manner, no attempted assignment or
         transfer thereof shall be effective; and no right or interest of an
         Employee under the plan shall be liable for, or subject to, any
         obligation or liability of an Employee. When a payment is due under the
         Plan to an Employee and the Employee is

                                       5

<PAGE>

         unable to care for his or her affairs, payment may be made directly to
         his or her legal guardian or personal representative.

6.3.     The Company may, at any time and from time to time, without any
         Employee's consent, assign its interest in the Plan with respect to one
         or more Employees to a DRC Company which shall assume all of the
         Company's obligations hereunder with respect to such Employees and,
         upon such assignment, the assignee shall be substituted for the Company
         for all purposes under the Plan with respect to such Employees. Any
         such assignment and assumption shall constitute a novation and
         assignee(s) shall be substituted automatically for the Company with
         respect to such Employees. Any such assignee shall have the same rights
         as the assignor to further assign the Plan. In connection with any
         Change in Control of an Employer, the Company may, assign its interest
         in the Plan with respect to any or all affected Employees to any entity
         or entities that, upon the Change in Control, will qualify as a
         Successor Employer, provided that such assignee assumes all of the
         Company's obligations hereunder with respect to such Employees. Any
         such assignment to one or more Successor Employers shall not prevent
         the transaction that results in the business of the Employer being
         conducted by an entity that is not a DRC Company from constituting a
         Change in Control.

6.4.     Any dispute or controversy arising out of or relating to the Plan (or
         to benefits which may be provided under the Plan), as well as any
         dispute or controversy arising out of or relating to the termination of
         an Employee's employment with any Employer, including any claims based
         on federal, state or local laws (including employment discrimination or
         wrongful dismissal laws), shall be settled exclusively by final and
         binding arbitration, conducted before a neutral arbitrator with
         expertise in employment law, including ERISA, in accordance with the
         Voluntary Labor Association Rules of the American Arbitration
         Association. In reaching a decision, the arbitrator shall interpret,
         apply and be bound by the Plan and by applicable law. The arbitrator
         shall apply the same standard of review in disputes relating to the
         Plan or to Plan benefits as a court of competent jurisdiction would
         apply under ERISA. The arbitrator shall have no authority to add to,
         detract from, or modify the Plan or any law in any respect. The
         arbitrator may grant any remedy or relief that may be necessary to make
         the injured party whole, provided that in no event may the arbitrator
         grant any remedy or relief that a court of competent jurisdiction could
         not grant, nor any relief greater than that sought by the injured
         party. Judgment may be entered on the arbitrator's award in any court
         of competent jurisdiction.

6.5.     The Plan is unfunded. Except as provided in Section 6.3, the liability
         for Severance Pay and the other obligations under the Plan are solely
         the responsibility of the Company. Severance Pay shall be payable from
         the Company's general assets, and no other company shall have any
         responsibility or liability under the Plan. However, the Company's
         liabilities under the Plan shall be discharged to the extent of any
         payment received by the Employee from any other company made for that
         purpose and on the Company's behalf or for its benefit.

6.6.     If any provision of the Plan shall be held void or unenforceable, the
         remainder of the Plan shall remain in full force and effect, and the
         Plan shall be construed as if such void or unenforceable provision were
         omitted; provided that in interpreting this Plan the arbitrator shall
         replace such void or unenforceable provision with an effective and
         legally permissible provision, the effect of which shall be identical
         to, or as close as reasonably possible to, the effect of the original
         provision.

                                       6

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6.7.     As used in this Plan, any reference to the masculine, feminine, or
         neuter gender shall include all genders, the plural shall include the
         singular, and the singular shall include the plural.

                                      DYNAMICS RESEARCH CORPORATION

                                     /s/ James P. Regan
                                     ------------------------------------
                                     James P. Regan
                                     Chairman, President and CEO

                                       7<PAGE>

Exhibit 10.9 Lease Agreement for Acadia in Portland, Maine
--------------------------------------------------------------------------------

                            511 CONGRESS STREET LEASE
                     BASIC LEASE INFORMATION AND DEFINITIONS

Lease Date:         August 21, 1995

Tenant:             Acadia Trust, N.A. and Gouws Capital Management, Inc.

Tenant's Address:   Two Monument Square, Portland, ME 04101

Contact:            Frank E. Kemna, Jr./Phone: 774-3333

Landlord:           October Corporation, a Maine corporation

Landlord's
Address:            One Canal Plaza, P.O. Box 426 Portland, Maine 04112-0426

Contact:            Boulos Property Management/Phone:871-1290

Leased Premises:    All of the 9th floor and a portion of the 8th floor in the
                    office building known and numbered as 511 Congress Street,
                    Portland, Maine (the "Building". The term the "Building"
                    includes any parking areas, landscaping, sidewalks and other
                    facilities used in connection with the operation of the
                    Building.) The Leased Premises are outlined on the plan
                    attached to the Lease as Exhibit A. The Leased Premises
                    shall be deemed to contain 18,966 square feet of rentable
                    area. ("Rentable area" is a term of general usage in the
                    industry, and includes an allocated portion of the common
                    areas of the Building, as well as the usable area of the
                    Leased Premises). The Building shall be deemed to contain
                    128,400 square feet of rentable area. Included within the
                    Leased Premises is the right to use the common entrances,
                    hallways, restrooms, elevators, walkways and stairways in
                    the Building in common with the Landlord and others who are
                    entitled to use the same.

Lease Term:         123 months, (plus the partial month, if any, immediately
                    following the Commencement Date) commencing August 1, 1995
                    (the "Commencement Date") and ending at 5:00 PM on the last
                          -----------------
                    day of the 123rd full month subject to adjustment and
                    earlier termination as provided in the Lease. Rent shall
                    commence on the fourth (4th) month following Commencement
                    Date, as established.

<PAGE>

Base Rent:      Base Rent at a rate per square foot of rentable area ("RSF") per
                                                                       ---
                year, payable in monthly installments, and subject to
                escalations (if any), as follows:

                                 Annual                    Monthly
                Months           Rental Rate              Installment
                ------           -----------              -----------
                 l-3             $    0 per RSF            $        0*
                 4-15            $ 3.50 per RSF            $ 5,531.75
                16-27            $12.75 per RSF            $20,151.38
                28-39            $12.75 per RSF            $20,151.38
                40-51            $14.00 per RSF            $22,127.00
                52-63            $14.00 per RSF            $22,127.00
                64-75            $15.00 per RSF            $23,707.56
                76-87            $15.00 per RSF            $23,707.56
                88-99            $15.00 per RSF            $23,707.56
               100-111           $17.50 per RSF            $27,658.75
               112-123           $17.50 per RSF            $27,658.75

Electric
Reimbursement:  $1,580.00 Monthly to commence September 1, 1995.*
                Said amount to increase periodically by the increase in rates
                established by Central Maine Power Company.

Base Year for   For real estate taxes and assessments:  July 1, 1995 June 30,
Common Area     1996.
Maintenance     For all other expenses: Calendar year 1995.
Expenses:       Provided, however, that if the Landlord shall, at its expense,
                upgrade the Building energy management system and convert the
                heating system to natural gas on or before December 31, 1996,
                the operating cost base will be recomputed based on the
                resulting lower energy usage in the first calendar year of
                operation at 1995 utility rates.

Security
Deposit:        None

Rent:           Base Rent, Electric Reimbursement, Excess Common Area
                Maintenance Expenses and all other sums that Tenant may owe to
                Landlord under the Lease.

Permitted Use:  Business offices to provide trust, investment and related
                services.

                                      -2-

<PAGE>

 Tenant's         14.77%, which is the percentage obtained by dividing (i) the
 Proportionate    18,966 square feet of rentable area in the Leased Premises
 Share:           (which includes a portion of the common areas) by (ii) the
                  total 128,400 square feet of rentable area in the Building.

Option to Expand: Tenant shall have the right of first offer for the remaining
                  space on the 8th floor. Space to be leased on an "as is" basis
                  with Landlord having no obligation to expend Tenant
                  improvement monies. If Tenant exercises such right, base rent
                  for any additional space shall be an amount which is
                  consistent with prevailing market rates in effect at the time
                  for comparable unimproved space in Portland, Maine as
                  determined by a licensed real estate appraiser doing business
                  in the Greater Portland area, selected by Landlord and
                  reasonably acceptable to Tenant, paid for by both parties. The
                  term "unimproved space" shall be construed to mean space that
                  is available for lease without a tenant improvement allowance;
                  taking into consideration the age and wear of existing
                  improvements. Tenant's prorata share of the building and
                  associated costs will be appropriately increased.

Managing Agent:   Boulos Property Management, Two City Center, Portland, Maine
                  04101

THE FOREGOING BASIC LEASE INFORMATION IS INCORPORATED INTO AND MADE A PART OF
THE LEASE, BUT DOES NOT CONSTITUTE THE ENTIRE LEASE. TENANT ACKNOWLEDGES THAT
IT HAS READ ALL OF THE PROVISIONS CONTAINED IN THE ENTIRE LEASE AND ALL EXHIBITS
WHICH ARE A PART THEREOF AND AGREES THAT THIS LEASE, INCLUDING THE BASIC LEASE
INFORMATION AND ALL EXHIBITS, REFLECTS THE ENTIRE UNDERSTANDING AND REASONABLE
EXPECTATIONS OF LANDLORD AND TENANT REGARDING THE PREMISES. TENANT ALSO
ACKNOWLEDGES THAT IT HAS HAD THE OPPORTUNITY TO REVIEW THIS LEASE PRIOR TO
EXECUTION WITH LEGAL COUNSEL AND SUCH OTHER ADVISORS AS TENANT DEEMS
APPROPRIATE. IN THE EVENT ANY CONFLICT EXISTS

                                      -3-

<PAGE>

BETWEEN ANY BASIC LEASE INFORMATION AND THE LEASE, THEN THE LEASE SHALL CONTROL.

OCTOBER CORPORATION                       ACADIA TRUST, N.A.
LANDLORD                                  TENANT

By:  /s/ Owen W. Wells                    By: __________________________________
    --------------------------------
    Name: Owen W. Wells                       Name: ____________________________
    Title:  Clerk                             Title: ___________________________

                                          GOUWS CAPITAL MANAGEMENT, INC. TENANT

                                          By: __________________________________

                                              Name: ____________________________
                                              Title: ___________________________

<PAGE>

                                      LEASE
                                       by
                               OCTOBER CORPORATION
                                       to
              ACADIA TRUST, N.A. and GOUWS CAPITAL MANAGEMENT, INC.

     LEASE AGREEMENT, made this 21 day of August, 1995, by and between October
Corporation, a Maine corporation with a place of business at Portland, Maine
(hereinafter referred to as "Landlord"), and Acadia Trust, N.A., a national
association, and Gouws Capital Management, Inc., a Maine corporation, both with
a place of business at Portland, Maine, (hereinafter collectively referred to as
"Tenant").

                              W I T N E S S E T H :

     1. Leased Premises. Landlord leases to Tenant, in consideration of the Rent
        ---------------
to be paid by Tenant and subject to the terms and conditions set forth herein,
the Leased Premises.

     2. Commencement and Term.
        ---------------------

        (a) The term of this Lease shall commence on the Commencement Date and
shall be the Lease Term, unless earlier terminated by mutual agreement of the
parties or as otherwise provided in this Lease.

     X (b) (Applicable only if checked) Beginning on or about the Commencement
     -
Date, certain improvements to the Leased Premises shall be undertaken by Tenant
in accordance with the terms of Exhibit B attached hereto and made a part
hereof.

     3. Rent. Tenant covenants and agrees to pay to Landlord at Landlord's
        ----
address, during the Lease Term, the Base Rent and the Electric Reimbursement,
without holdback or set-off in advance on the first day of each month during the
Lease Term. Other Rent shall be paid in accordance with the terms of this Lease.
If any payment of Rent is received by Landlord more than five (5) days after the
date when such payment is due, a late charge of five percent (5%) of the past
due payment shall be assessed, due and payable upon demand.

     4. Security Deposit. Intentionally Omitted.
        ----------------

     5. Option to Lease Additional Space. Provided that Tenant is not in default
        --------------------------------
of any covenant, agreement or obligation contained in this Lease, Tenant shall
have the right of first offer for all of the remaining space on the 8th floor
when it becomes available (hereinafter "Additional Space"). This option is given
upon the following terms and conditions:

<PAGE>

            (a) The Additional Space to be leased shall be on an "as is" basis
with Landlord having no obligation to expend Tenant improvement monies.

            (b) If Tenant exercises such right, base rent for the Additional
Space shall be as set forth in the paragraph entitled "Option to Expand" as set
                                                       ----------------
forth in the Basic Lease Information and Definitions summary. In addition to the
base rent for the Additional Space, Tenant shal1 also pay to Landlord as
additional rent the Electric Reimbursement and Tenant's prorata share of all
Common Area Maintenance Expenses.

            (c) Landlord shall give Tenant written notice if the Additional
Space becomes available together with the Base Rent as determined by a licensed
real estate appraiser hired by Landlord reasonably acceptable to Tenant and paid
for equally by Landlord and Tenant. Tenant shall then have fifteen (15) days to
notify Landlord, in writing, of its decision to lease the Additional Space.
Tenant's failure to exercise this Option shall terminate this Option for all
times and it shall not again become available to Tenant unless otherwise agreed
to in writing by the parties hereto.

6. Common Area Maintenance Expenses.
   --------------------------------

            (a) In addition to the Base Rent, Tenant shall also pay to Landlord
as additional Rent hereunder Tenant's share of the amount of any increase in any
calendar year in the total of all Common Area Maintenance Expenses incurred by
Landlord in connection with the Building, over and above the Common Area
Maintenance Expenses incurred by Landlord during the Base Year. Tenant's share
of such increase shall be Tenant's Proportionate Share. Prior to the start of
each calendar year or as soon thereafter as possible, Landlord shall furnish the
Tenant with a statement showing an estimate of all of said Common Area
Maintenance Expenses to be paid by Landlord for that year and the amount by
which such estimate exceeds the Base Year expenses. Tenant shall pay to Landlord
the said estimated excess amount according to the Tenant's Proportionate Share,
in equal monthly installments, on the first day of each and every month
throughout each such calendar year. Within a reasonable period of time following
the end of each calendar year during the Lease Term, Landlord shall submit to
Tenant a statement showing actual Common Area Maintenance Expenses incurred by
Landlord during the preceding year. In the event that actual Common Area
Maintenance Expenses exceed the estimated Common Area Maintenance Expenses for
such year, Tenant shall pay to Landlord, as additional Rent hereunder, Tenant's
share (as determined above) of such excess, such amount to be paid within twenty
(20) days after the date of receipt of the statement of actual Common Area
Maintenance Expenses. If the actual Common Area Maintenance Expenses are

<PAGE>

less than the estimated Common Area Maintenance Expenses for such year and
Tenant is not in default under the terms of this Lease, an amount equal to
Tenant's share of such difference shall be applied against the installment of
Base Rent next falling due. Tenant shall have ninety (90) days following receipt
of said statement to contest the validity of, or verify the accuracy of said
statements. Thereafter, the statements shall be conclusively deemed correct. No
rights to contest or to verify shall be available to Tenant if Tenant is or has
been in default of any of its monetary obligations hereunder. If the Landlord
shall, at its expense, upgrade the building's energy management system and
convert the heating system to natural gas on or before December 31, 1996, the
operating cost base will be redetermined based on the resulting lower energy
usage in the first calendar year of operation at 1995 utility rates.

            (b) "Common Area Maintenance Expenses'* shall mean all expenses and
disbursements of every kind which Landlord pays or incurs in connection with the
ownership, operation, maintenance, repair, replacement and security of the
Building, including but not limited to, the following:

                (i)   All salaries, wages, fringe benefits, payroll taxes and
worker's compensation insurance premiums related thereto of and for Landlord's
or its Property Manager's employees engaged in the operation, repair,
replacement, maintenance or security of the Building;

                (ii)  All costs, including monies paid to utility companies, the
City of Portland and any other entities, of furnishing electricity to the common
areas of the Building and all costs of furnishing heat, air conditioning, hot
water, water and sewer services and facilities to all areas of the Building,
including the common areas and the leased areas, and all costs of furnishing
such services and facilities;

                (iii) All costs of any insurance carried by Landlord related to
the Building or its operation;

                (iv)  All costs, including material and equipment costs, for
common area cleaning and janitorial services and for window cleaning. Tenant
shall be responsible for obtaining and paying for the cost of janitorial
services provided to the Leased Premises;

                (V)   All costs of maintaining the Building, including the
operation and repair of the elevator, heating, air-conditioning and hot water
equipment and any other common Building equipment and all other repairs and
replacements necessary to keep the Building in the same condition as at the
execution of this Lease;

<PAGE>

                (vi)   All costs of snow removal, ice treatment, and ground
maintenance (including landscaping);

                (vii)  All costs of the management of the Building;

                (viii) All tools, equipment, supplies and materials used in the
operation, maintenance, repair, replacement and security of the Building;

                (ix)   All costs of service and supply contracts relating to
services and supplies referred to in subparagraphs (i) through (viii)
hereinabove and relating in any way to the operation, maintenance and management
of the Building by Landlord;

                (x)    All taxes, betterments and assessments assessed and
levied against the real estate of the Landlord (which term shall include
personal property to the extent that elevators, heating and air-conditioning
equipment, or similar building appurtenances for the use and benefit of all of
the occupants of the Building are classified as personal property for tax
purposes and to the extent that any personal property, such as computers and
other business equipment is used by the Landlord or its Property Manager in the
operation of the Building) ("Real Estate Taxes") constituting the Building as
defined in this Lease. In the event Landlord is required to pay to any taxing
authority any amount as sales tax, gross receipt tax, or any tax of like nature
specifically measured as a percentage of, or fraction of, or other factors based
upon the rent payable hereunder (whether in lieu of, or in addition to real
estate taxes) then such amounts shall be treated as Real Estate Taxes hereunder.
Further, if the system of real estate taxation shall be altered or varied and
any new tax shall be levied or imposed on the Building, and/or Landlord in
substitution for real estate taxes presently levied or imposed, then any such
new tax or levy shall be included within the term "Real Estate Taxes" and the
provisions of this Paragraph shall apply.

                (xi)   With respect to the replacement of capital items, which
are expected to reduce the operating costs of the Building, the Tenant's
Proportionate Share shall be based upon the amortized costs of such items over a
useful life (not to exceed fifteen years) which shall be reasonably determined
by Landlord.

           (c)  The foregoing notwithstanding, Common Area Maintenance Expenses
shall not include marketing costs incurred in leasing space in the Building
(including, without limitation, leasing commissions), debt service on the
Building, the cost of repair of any damage that is the responsibility of any
other tenant of the Building, or build-out work preformed by Landlord for any
tenant of the Building; any expenses relating to the

<PAGE>

Fleet parking lot; electrical service to any area other than to the common
areas; and the cost of upgrading the Building's energy management system and
converting the heating system for the Building to natural gas, if such cost
results in a redetermination of the operating cost base pursuant to Section 6(a)
above.

           (d) Notwithstanding any of the provisions in this Lease to the
contrary, for purposes of determining the Common Area Maintenance Expenses for
the Base Year (calendar year 1995), Landlord shall reasonably and equitably
adjust the operating expenses for such calendar year such that the operating
expenses shall be computed for such year as though the Building had been fully
occupied during the full calendar year 1995. If Landlord reasonably determines
that it is not practicable to make such adjustment in operating expenses,
Landlord shall instead use calendar year 1996 as the Base Year for Common Area
Maintenance Expenses by providing Tenant with written notice of such election.

       7.  Holdover. If Tenant continues to occupy the Leased Premises at the
           --------
completion of the Lease Term, such continued occupancy shall be deemed a
tenancy-at-will under the terms and conditions stated herein and shall be
subject to a Base Rent equal to one and one-half times the Base Rent applicable
at the end of the Lease Term until Tenant shall vacate the Leased Premises.
Nothing contained in this Paragraph shall be deemed to constitute consent by
Landlord to such occupancy or holdover by Tenant.

       8.  Hazard Insurance. It is acknowledged and understood by the parties
           ----------------
hereto that such insurance for fire and extended coverage as Landlord elects to
purchase with respect to the Building and the Leased Premises shall be for the
sole benefit of Landlord, and that such insurance shall not cover Tenant's
personal property, trade fixtures, leasehold improvements, and other
appurtenances, and that in the event of damage to or loss of any such items,
Landlord shall have no obligation to repair or replace same. Landlord and Tenant
agree that to the extent Tenant has an insurable interest in the Leased
Premises, Tenant may obtain and maintain, at Tenant's own expense and for
Tenant's own benefit, a policy of insurance insuring said interest.

       9.  Utilities. During the Lease Term, Landlord covenants and agrees to
           ---------
pay all costs for electricity to the Leased Premises, subject to Tenant's
payment of the Electric Reimbursement. Tenant covenants and agrees to pay the
cost of all other utility service provided to or for the Leased Premises,
including but not limited to telephone and other communications services, and
all costs for cleaning and janitorial services on the Leased Premises, which
services shall be Tenant's sole responsibility.

<PAGE>

     10. Repair and Maintenance. Tenant agrees that from and after the date that
         ----------------------
possession of the Leased Premises is delivered to Tenant, and until the end of
the Lease Term, it will keep neat and clean and maintain in good order,
condition and repair, and in compliance with all federal, state and local
statutes, ordinances, rules and regulations currently in effect or hereinafter
enacted, all portions of the Leased Premises and any and all alterations or
improvements made by Tenant pursuant to Paragraph 11 below. Landlord shall be
responsible for all structural repairs, including roof and mechanical system
repairs, deemed necessary by Landlord for a first-class office building, except
such repairs as are made necessary by the activities beyond reasonable use and
wear on the Leased Premises of Tenant, Tenant's employees, agents, customers and
invitees, which shall be Tenant's sole responsibility and expense. The
maintenance and repair of all equipment in the Leased Premises, including all
heating, air conditioning, plumbing, electrical and mechanical fixtures and
equipment, reasonable use and wear and damage by fire or casualty only excepted,
shall be the responsibility of the Tenant, except as such expenses are properly
chargeable to capital account. Tenant acknowledges that, as it is in possession
of the Leased Premises, it retains primary responsibility for notifying Landlord
or Landlord's Property Manager in a timely manner of plumbing, mechanical,
electrical or other problems in the Leased Premises of which it is aware or
should have been reasonably aware, and that Tenant's failure to provide such
timely notification could result in substantial damages to the Leased Premises.

     11. Alterations, Renovations and Improvements. (a) Tenant shall have the
         -----------------------------------------
right to make, upon prior written consent of Landlord, which consent shall not
be unreasonably withheld, such alterations, renovations and improvements to the
Leased Premises as are necessary or desirable for Tenant's use of the Leased
Premises as authorized herein, provided however, that Tenant shall perform such
alterations, renovations and improvements in a good, workmanlike and reasonable
manner, and in accordance with all applicable laws and provided further that
Tenant shall indemnify and hold Landlord harmless from and against all claims,
demands, costs and mechanic's liens which may arise as a direct or indirect
result of or in connection with such alterations, renovations and improvements,
and Tenant shall assume all cost, liability and responsibility for such
alterations, renovations and improvements. Any and all alterations, renovations
and improvements which may be made or installed by either Landlord or Tenant
upon the Leased Premises and which in any manner are attached to the floors,
walls or ceilings (including, without limitation, any linoleum or other floor
coverings of similar character which may be cemented or otherwise adhesively
affixed to the floor) shall, at Landlord's option, remain upon the Leased
Premises, and at the expiration or termination of this Lease

<PAGE>

shall be surrendered with the Leased Premises as a part thereof without
disturbance, molestation or injury. However, the usual trade fixtures and
furniture which may be installed in the Leased Premises prior to or during the
term hereof at the cost of Tenant may be removed by Tenant from the Leased
Premises upon the expiration or termination of this Lease, subject to the
provisions of Paragraph 14 below.

           (b) Floor Load. Tenant agrees not to place a load upon the Leased
               ----------
Premises exceeding the load established by Landlord and not to remove any heavy
items into, about, or out of the Leased Premises except in such manner and at
such times as Landlord shall authorize.

       12. Signs.
           -----

           (a) Tenant shall not place any signs or displays on the exterior of
or in the Leased Premises or the Building or any windows therein which signs or
displays are visible from outside of the Building, without Landlord's express
prior written consent, which may be withheld for any reason. Landlord hereby
agrees to permit Tenant to erect and maintain two (2) signs, one to be located
on the brick facing above the 9th floor on the Congress Street side and the
other on the side facing I-295. Neither sign may be illuminated. Both signs may
be in letters large enough to be generally visable for some distance but smaller
than those in the primary building signage to be located at the top of the
Building.

           (b) Landlord shall provide appropriate designations of Tenant's
location in the Building, in the lobby and in other convenient and reasonable
locations in the Building.

       13. Americans With Disabilities Act Compliance.
           ------------------------------------------
Notwithstanding anything set forth herein to the contrary, Tenant shall be
responsible for the execution of and cost for any alteration to, or removal of
architectural barriers from, the Leased Premises which is necessary to comply
with the Americans with Disabilities Act of 1990 (42 U.S.C. (S) (S) 12101-12117
and 12181-12213 as may be amended from time to time) (the "Act") and any
comparable state or local law or regulation, and Landlord shall be responsible
for the execution of and cost for any alteration to or removal of architectural
barriers from the common areas of the Building which is necessary to comply with
the Act or any such state or local law or regulation.

       14. Trade Fixtures.  All trade fixtures and furniture erected on and/or
           --------------
attached to the Leased Premises by Tenant other than those items referred to in
Paragraph 11 above, may be removed by Tenant at the termination of this Lease,
provided (a) Tenant shall not then be in default in the performance of any of
its obligations under this Lease, (b) such removal shall not

                                      -7-

<PAGE>

permanently or substantially damage any portion of the Leased Premises as they
existed prior to the commencement of the Lease Term, and any minor damage
created by such removal shall be repaired by Tenant at Tenant's expense prior to
the expiration of the Lease Term, and (c) such removal shall be made before the
expiration of the Lease Term.

       15. Sublettinq and Assignment.  (a) Tenant shall not be entitled to
           -------------------------
assign this Lease or to sublet the Leased Premises or any portion thereof,
without the prior written consent of Landlord, which consent shall not be
unreasonably withheld. In the event that Landlord does give its consent to any
such assignment or subletting, it is agreed that any excess of the rent or other
charges payable to Tenant pursuant to such assignment or subletting over the
amount of Rent owed by Tenant pursuant to this Lease and reasonable costs
associated with the subletting, if any, shall be payable by Tenant to Landlord
immediately upon receipt by Tenant. Notwithstanding any provision contained in
this Paragraph, Tenant shall remain primarily liable for all Lease obligations.
Any corporate reorganization, except as provided in Paragraph 25 hereof, or
merger of Tenant into another organization or merger of one Tenant into the
other, or any transfer of Tenant or Tenant's assets to an affiliate, or similar
act or change in ownership or structure of Tenant shall not constitute an
assignment or sublease within the meaning of this Paragraph.

           (b) Notwithstanding any other provision of this Lease to the
contrary, Landlord acknowledges that Tenant may wish to allow Tenant's
affiliates to use portions of the Premises. Landlord agrees, so long as all of
such affiliates are controlled by, and more than 50% owned by, some combination
of one or more of the following individuals, to wit: Johann H. Gouws, Frank E.
Kemna, Jr., Richard E. Curran, Jr., Cass Gilbert, Gregg A. Marston, John L.
Simpson and Paul J. White, and any other key employee whose name is submitted to
and approved by Landlord, that an agreement between Tenant and any such entities
for the use of all or any portion of the Premises will not be considered an
assignment or sublease for purposes of this Lease, and shall be expressly
permitted hereunder.

       16. Indemnification and Liability Insurance.
           ---------------------------------------

           (a) Tenant agrees to indemnify, protect and hold Landlord harmless
from and against all liabilities, injuries, claims, losses, or damages to
persons, including but not limited to other tenants in the Building, or property
occurring or arising on or about the Leased Premises, during the Lease Term,
which liabilities, losses or damages arise as a result of Tenant's use, misuse
or occupation of the Leased Premises or any part thereof, except to the extent
that said liabilities, losses or damages are the result of gross negligence or
willful

                                      -8-

<PAGE>

misconduct of Landlord, Landlord's agents, contractors, or employees.

           (b) Tenant agrees to maintain in full force during the term hereof a
policy of public liability and property damage insurance under which Landlord
and Tenant are named as insureds, in a minimum amount of One Million Dollars
($1,000,000.00) for injury or death to any one person or damage to property, and
Two Million Dollars ($2,000,000.00) for injury to or death of more than one
person in a single accident or occurrence, together with a contractual liability
endorsement covering Tenant's obligations under subparagraph (a) above. Such
policy shall contain a provision requiring that written notice be given to
Landlord not less than ten (10) days prior to cancellation, expiration or
alteration of the policy. Tenant agrees to deliver certificates of such
insurance to Landlord at the beginning of the term hereof and thereafter not
less than thirty (30) days prior to the expiration of any such policy.

       17. Use and Business Operation. Tenant agrees to use and occupy the
           --------------------------
Leased Premises for the Permitted Use, and for no other object or purpose
without the written consent of Landlord, and further agrees not to use the
Leased Premises for any purpose deemed extra hazardous or not covered by
insurance in force, without the prior written consent of Landlord. Further,
Tenant agrees that it shall at all times observe the Building Rules and
Regulations attached hereto as Exhibit C.

       18. Permits and Licenses. Tenant agrees to maintain in full force and
           --------------------
effect, during the Lease Term and, if applicable, any Renewal Term, at Tenant's
cost and expense, any and all federal, state and local permits, licenses and
registrations necessary for the use of the Leased Premises by Tenant pursuant to
Paragraph 17 hereof.

       19. Right to Enter. Tenant agrees to permit Landlord or its duly
           --------------
authorized agents to enter on the Leased Premises during Tenant's normal
business hours, without any prior notice, to examine the condition of said
Leased Premises and to show the same to prospective tenants or purchasers,
provided such access to the Leased Premises shall not unnecessarily interfere
with Tenant's use of the Leased Premises or the conduct of Tenant's business
activities thereon. In the event that Landlord wishes to enter the Leased
Premises at any time other than Tenant's normal business hours, Landlord shall
give Tenant such prior notice as is reasonable under the circumstances except
that in case of an emergency, Landlord shall be relieved of said prior notice
obligation but will give notice within a reasonable time thereafter.

       20. Attorneys Fees.  In the event Tenant defaults in any manner pursuant
           --------------
to the terms of this Lease, including but not

                                      -9-

<PAGE>

limited to the institution of bankruptcy proceedings by or against Tenant such
as would constitute a default pursuant to Paragraph 25 of this Lease, Tenant
agrees to pay all reasonable costs, attorneys fees and expenses that shall be
made and incurred by Landlord in enforcing the terms of this Lease.

       21. Total or Partial Destruction.
           ----------------------------

           (a) If the Leased Premises shall be so damaged by fire or other
casualty as to render the Leased Premises untenantable, and if such damage shall
be so great that an architect selected by Landlord and approved by Tenant shall
certify in writing to Landlord and Tenant that the Leased Premises, with the
exercise of due diligence, but without the payment of overtime or other
premiums, cannot be made tenantable within ninety (90) days from the date
insurance proceeds are made available to Landlord, then this Lease may be
terminated by Landlord or Tenant giving written notice to the other party of
such termination within thirty (30) days after receipt of the architect's
certification, such certification to be made as soon as reasonably practical
following such damage; provided, however, that Tenant shall have no right to
terminate the Lease if Landlord commits to complete such repairs within ninety
(90) days after the award of insurance proceeds, notwithstanding the architect's
certification. Within thirty (30) days after receipt of such notice of
termination, Tenant shall surrender to Landlord the Leased Premises and all
interest therein under this Lease. Tenant shall pay the Rent and any additional
rent, duly apportioned as of the date of such termination of this Lease, and
Landlord and Tenant shall be free and discharged from all obligations arising
hereunder after the date of such termination. If, however, the damage shall be
such that Landlord's architect shall certify that the Leased Premises can be
made tenantable within such ninety (90) day period or if neither Landlord nor
Tenant elect to terminate this Lease as set forth above, then, except as
hereinafter provided, Landlord shall repair the damage within ninety (90) days
after the award of the insurance proceeds except that Landlord shall not be
required to repair, replace or restore any items installed by Tenant at Tenant's
expense and provided further that Landlord shall not be obligated to expend for
any repairs or reconstruction pursuant to this section a amount in excess of
insurance proceeds received, after deducting therefrom Landlord's reasonable
expenses in obtaining such proceeds. Until such repair is substantially
completed, the Rent shall be abated in proportion to the part of the Leased
Premises that is unusable by Tenant in the reasonable conduct of its business or
profession.

           (b) If the Leased Premises shall be damaged by fire or other casualty
but not so as to render them untenantable, Landlord shall cause the damage to be
promptly repaired and there shall be no abatement of the Rent or the additional
rent; provided, however, that Landlord shall not be obligated to expend

                                      -10-

<PAGE>

for any repairs or reconstruction pursuant to this section an amount in excess
of insurance proceeds received, after deducting therefrom Landlord's reasonable
expenses in obtaining such proceeds.

     (c) Landlord agrees to keep the Building insured in an amount equal to the
greater of (i) 80% of full replacement value thereof above foundation walls or
(ii) the amount necessary to avoid any co-insurance provisions.

     (d) Landlord's obligation to repair, restore or reconstruct the Leased
Premises pursuant to the provisions of this Paragraph shall be limited to the
Building shell and any improvements originally constructed in or on the Leased
Premises by Landlord or contained therein prior to the commencement of the Lease
Term, including roof and mechanical systems. Tenant, at Tenant's expense, shall
perform all repairs or restoration not required to be done by Landlord and shall
promptly re-enter the Leased Premises and commence doing business in accordance
with the provisions of this Lease. Landlord shall not be liable for delays
occasioned by adjustment of losses with insurance carriers or by any other cause
so long as Landlord shall proceed in good faith. Landlord shall not be liable to
Tenant for any loss, direct or indirect, in business revenues sustained by
Tenant as a result of said repair, restoration or reconstruction or delays in
completing said repairs, restoration or reconstruction.

     (e) Notwithstanding anything set forth herein to the contrary, Tenant shall
be responsible for all repairs and replacements of damage and/or destruction of
the Leased Premises necessitated by burglary or attempted burglary, or any other
illegal or forcible entry into the Leased Premises which damage and/or
destruction is the direct and immediate result of an actual or attempted illegal
or forcible entry into the Leased Premises.

     (f) Tenant covenants that it will make good faith attempts to contact
Landlord by telephone and by letter sent by regular mail within the time period
specified herein to give notice to Landlord of any accident or damage, other
than normal wear and tear, whether such damage is caused by insured or uninsured
casualty, occurring in, on or about the Leased Premises within twenty-four (24)
hours after Tenant has or should have had knowledge of the occurrence of such
accident or damage. If Tenant fails to give notice as provided herein, and as a
result thereof, Landlord's insurance company fails to pay all or any portion of
any loss that would otherwise have been payable but for Tenant's failure to
provide such notice, then in such event, Landlord shall be relieved of its
obligations under this paragraph to the extent that the insurance proceeds
recovered by Landlord are less than what would have been recovered had Tenant

                                      -11-

<PAGE>

given notice as provided herein, unless Landlord had or should have had
knowledge of the occurrence of such accident or damage.

     22. Eminent Domain.
         --------------

          (a) If the Leased Premises shall be taken in whole by condemnation or
right of eminent domain, either party, upon written notice to the other, shall
be entitled to terminate this Lease provided that such notice is given not later
than thirty (30) days after Tenant has been deprived of possession. Should only
a part of the Leased Premises be so taken or condemned, Landlord shall have the
option after such taking or condemnation and the determination of Landlord's
award therein, to expend a portion or all of the net amount which may be awarded
to Landlord in such condemnation proceedings as may be necessary to restore the
Leased Premises to an architectural unit as nearly like their condition prior to
the commencement of the Lease Term as shall be practicable, or to terminate this
Lease, effective thirty (30) days after notice of said termination to Tenant.
Should the net amount so awarded to Landlord be insufficient to cover the cost
of restoring the Leased Premises, Landlord may supply the amount of such
insufficiency and restore the Leased Premises as above provided with all
reasonable diligence, or terminate this Lease. Landlord shall notify Tenant of
Landlord's election with respect to restoration in the event of an insufficient
award not later than ninety (90) days after the final determination of the
amount of the award.

          (b) In the event of any award for any taking of the Leased Premises in
condemnation proceedings or by right of eminent domain, Landlord shall be
entitled to receive and retain the amounts awarded for the Leased Premises and
for Landlord's business loss, and Tenant shall be entitled to receive and retain
any amounts which may be specifically awarded to it in any such condemnation
proceedings because of its business loss or the taking of its trade fixtures,
furniture, or other property.

          (c) In the event of any such taking of the Leased Premises, the rent,
or a fair and just proportion thereof according to the nature and extent of the
damage sustained, shall be suspended or abated.

     23.  Limitation of Landlord's Liability. Tenant agrees to look solely to
          ----------------------------------
Landlord's interest in the Building or Landlord's insurance coverage thereon for
recovery of any judgment from Landlord.

     24.  Waiver of Subrogation. Insofar as and to the extent that such
          ---------------------
agreement may be effective without invalidating or making it impossible to
secure insurance coverage obtainable from responsible insurance companies doing
business in the State of Maine, Landlord and Tenant agree that with respect to
any loss

                                      -12-

<PAGE>

     covered by insurance then carried by them, respectively, the one carrying
     such insurance and suffering that loss releases the other of and from any
     and all claims with respect to such loss; and they further agree that their
     respective insurance companies shall have no right of subrogation against
     one another on account of such agreement even though extra premiums may
     result therefrom. If an extra premium is payable by Tenant as a result of
     these provisions, Landlord shall not reimburse Tenant for any such extra
     premium.

          25.  Landlord's Remedies.
               -------------------

               (a)  It is covenanted and agreed that

                    (i)   if Tenant shall neglect or fail to perform or observe,
     or fail or neglect diligently to attempt to so perform or observe, any of
     the covenants, terms, provisions or conditions contained in this Lease and
     on Tenant's part to be performed or observed within thirty (30) days or
     such additional time as is reasonably required to correct any such default
     after notice of default (except for payment of Rent or other charges
     payable by Tenant, in which case said period of notice shall be five (5)
     days and except that Landlord shall be relieved of its notice obligations
     with respect to the rent under this Paragraph if it gives any such notice
     twice in any calendar year);

                    (ii)  if the estate hereby created shall be taken on
     execution or by other process of law, or if a petition in U.S. Bankruptcy
     Court shall be filed by Tenant, or if any assignment shall be made of the
     property of Tenant for the benefit of creditors;

                    (iii) if a receiver, guardian, conservator, trustee in
     involuntary bankruptcy or other similar officer shall be appointed by a
     court of competent jurisdiction to take charge of all or any substantial
     part of Tenant's property and such appointment is not dismissed within
     sixty (60) days; or

                    (iv)  if an involuntary petition shall be filed for the
     reorganization of Tenant under any provisions of the Federal Bankruptcy
     Code now or hereafter enacted, and such proceeding is not dismissed within
     sixty (60) days after it is begun, or if Tenant shall file a petition for
     such reorganization under any provisions of the Federal Bankruptcy Code now
     or hereafter enacted and such proceeding is not dismissed within sixty (60)
     days;

     then, and in an of said cases (notwithstanding any license of any former
     breach of covenant or waiver of the benefit hereof or consent in a former
     instance), Landlord lawfully may, immediately or at any time, in accordance
     with Maine law, enter into and upon the Leased Premises or any part thereof
     in the name of the whole

                                      -13-

<PAGE>

     and repossess the same as of its former estate, and expel Tenant and those
     claiming through or under it and remove it or their effects without being
     deemed guilty of any manner of trespass, and without prejudice to any
     remedies which might otherwise be used for collection of damages for breach
     of covenant, and upon entry as aforesaid, this Lease shall terminate.

              (b) Tenant covenants that in case of such termination under
     subparagraph (a) Tenant shall pay to Landlord for the remainder of the
     Lease Term (or Renewal Term, if applicable) on the last day of each
     calendar month the difference, if any, between the Rent which would have
     been due for such month had there been no such termination and the sum of
     the amount being received by Landlord as rental from the then occupants of
     the Leased Premises, if any. Landlord shall make reasonable efforts to
     secure a rental equal to the prevailing local rate for the Leased Premises.
     In addition, Tenant agrees to pay to Landlord as damages for any
     above-described breach, all costs of reletting the Leased Premises,
     including but not limited to commissions, attorneys fees, court costs and
     renovations to the Leased Premises to suit the new tenant.

              (c) If Tenant shall default in the performance or observance of
     any covenant, agreement, or condition in this Lease contained on its part
     to be performed or observed, other than an obligation to pay money, and
     shall not cure any such default as provided herein, Landlord may, at its
     option, without waiving any claim for damages for breach of this Lease, at
     any time after the expiration of any applicable cure period, cure such
     default. Any amount paid or any liability incurred by Landlord in so doing
     shall be deemed paid or incurred for the account of Tenant, and Tenant
     agrees to immediately reimburse Landlord therefor, as additional Rent, or
     save Landlord harmless therefrom.

              (d) Landlord shall in no event be in default in the performance of
     any of its obligations hereunder unless and until Landlord shall have
     failed to perform, or failed diligently to attempt to perform, such
     obligations within thirty (30) days or such additional time as is
     reasonably required to correct any such default after notice by Tenant to
     Landlord properly specifying wherein Landlord has failed to perform any
     such obligation.

         26.  Notices. All notices required to be given pursuant to this Lease,
              -------
     to be effective, shall be in writing and shall be delivered by hand or by
     certified mail, postage prepaid, return receipt requested, to the following
     addresses:

                          (i) To Tenant at:            511 Congress Street
                                                       Portland, ME 04101

                                      -14-

<PAGE>

                            with a copy to:      Dennis C. Keeler, Esquire
                                                 Pierce, Atwood, Scribner,
                                                     Allen, Smith & Lancaster
                                                 One Monument Square
                                                 Portland, ME 04101-1110

                       (ii) To Landlord at:      October Corporation
                                                 One Canal Plaza, P.O. Box 426
                                                 Portland, Maine 04112

                            with a copy to:      Boulos Property Management
                                                 Two City Center
                                                 Portland, ME 04101

Any notice given pursuant to this Paragraph shall be deemed to have been given
upon the second day following the date of mailing in accordance with the
requirements of this Paragraph. Either party may, by such manner of notice,
substitute persons or addresses for notice other than those listed above.

         27. Estoppel Certificate. (a) Landlord or Tenant shall at any time upon
             --------------------
ten (10) days prior written notice from the other execute, acknowledge and
deliver to the requesting party or to a party designated by the requesting
party, within five (5) days following receipt of said notice, an estoppel
certificate which shall contain (i) a certification that this Lease is
unmodified and in full force and effect or, if modified, a statement of the
nature of any such modification and a certification that this Lease, as so
modified, is in full force and effect, (ii) the date to which the Rent and other
charges payable by Tenant are paid in advance, if any, and (iii) an
acknowledgment that there are not, to Landlord's or Tenant's knowledge, as the
case may be, any uncured events of default on the part of Landlord or Tenant
hereunder, or a specification of such events of default if any are claimed by
Landlord or Tenant. Landlord's or Tenant's failure to deliver such certificate
within the time frame set forth above shall, at the other party's option, be
conclusive proof that this Lease is in full force and effect without
modification except as may be represented by Landlord or Tenant, that there are
no uncured defaults in Landlord's or Tenant's performance of Landlord's or
Tenant's obligations, as the case may be, under this Lease, and that not more
than one month's Rent and other charges payable hereunder has been paid in
advance.

             (b) If Landlord desires to finance, refinance, or sell the
Building, or any part thereof, Acadia Trust, N.A. hereby agrees to deliver to
any lender or purchaser designated by Landlord such financial statements of
Acadia Trust, N.A. as may be reasonably required by such lender or purchaser.
Such statements shall include the past three (3) years financial statements of
Acadia Trust, N.A. All such financial statements

                                      -15-

<PAGE>

shall be received by Landlord and such lender or purchaser in confidence and
shall be used only for the purposes herein set forth.

     28. Hazardous Waste. Tenant covenants and agrees that it will permit no
         ---------------
hazardous or toxic waste, substance, material or matter, as those terms may be
defined from time to time by applicable state, local or federal law to be
brought, used, maintained or stored upon the Leased Premises, in violation of
law. Tenant hereby covenants and agrees to protect, exonerate, defend, indemnify
and save Landlord harmless from and against any and all loss, damage, cost,
expense or liability, including reasonable attorneys fees, court costs and
clean-up costs, and including but not limited to, such loss, damage, cost,
expense or liability based on personal injury, death, loss or damage to property
suffered or incurred by any person, corporation or other legal entity, which may
arise out of the removal or clean-up of any such waste, substance, material or
matter placed upon or within the Leased Premises by Tenant, whether or not in
violation of law, or as the result of a breach by Tenant of Tenant's obligations
under this Paragraph.

     29. Subordination. This Lease, at Landlord's option, shall be subordinate
         -------------
to any ground lease, mortgage, deed of trust, or any other hypothecation or
security now or hereafter placed upon the Building and to any and all advances
made on the security thereof and to all renewals, modifications, consolidations,
replacements and extensions thereof on the condition that Tenant's right to
quiet possession of the Leased Premises and its rights under this Lease shall
not be disturbed if Tenant is not in default and so long as Tenant shall pay the
Rent and observe and perform all of the provisions of this Lease, unless this
Lease is otherwise terminated pursuant to its terms. If any mortgagee, trustee,
or ground lessor shall elect to have this Lease made prior to the lien of its
mortgage, deed of trust or ground lease, and shall give written notice thereof
to Tenant, this Lease shall be deemed prior to such mortgage, deed of trust, or
ground lease, whether this Lease is dated prior to or subsequent to the date of
said mortgage, deed of trust, or ground lease or the date of recording thereof.
Tenant agrees to execute any documents required to effectuate an attornment, a
subordination or to make this Lease prior to the lien of any mortgage, deed of
trust or ground lease, as the case may be. Tenant's failure to execute such
documents within ten (10) days after written demand shall constitute a material
default by Tenant hereunder.

     30. Miscellaneous Provisions.
         ------------------------

         (a) Invalidity of Particular Provisions. If any term or provision of
             -----------------------------------
this Lease, or the application thereof to any person or circumstance shall, to
any extent, be invalid or

                                      -16-

<PAGE>

unenforceable, the remainder of this Lease, or the application of such term or
provision to persons or circumstances other than those as to which it is held
invalid or unenforceable, shall not be affected thereby, and each term and
provision of this Lease shall be valid and be enforced to the fullest extent
permitted by law.

         (b) Governing Law. This Lease shall be governed exclusively by the
             -------------
provisions hereof and by the laws in effect in the State of Maine as those laws
may be amended from time to time.

         (c) Paragraph Headings. The Paragraph headings throughout this
             ------------------
instrument are for convenience and reference only, and the words contained
therein shall in no way be held to explain, modify, amplify, or aid in the
interpretation, construction, or meaning of the provisions of this Lease.

         (d) Interpretation. Whenever in this Lease provision is made for the
             --------------
doing of any act by any party, it is understood and agreed that said act shall
be done by such party at its own cost and expense, unless a contrary intent is
expressed.

         (e) Entire Agreement; Binding Effect. All negotiations, considerations,
             --------------------------------
representations, and understandings between Landlord and Tenant are incorporated
herein and may be modified or altered only by agreement in writing between
Landlord and Tenant, and no act or omission of any employee or agent of Landlord
shall alter, change, or modify any of the provisions hereof. All rights,
obligations and liabilities contained herein given to, or imposed upon, Landlord
and Tenant shall extend to and bind the several respective administrators,
trustees, receivers, legal representatives, successors, heirs and permitted
assigns of Landlord and Tenant, and if there shall be more than one tenant, they
shall all be bound jointly and severally by the terms, covenants and agreements
herein.

         (f) Compliance with Laws. Tenant agrees to abide by and comply with all
             --------------------
federal, state and local statutes, ordinances, rules and regulations applicable
to Tenant's use of the Leased Premises.

         (g) Basic Lease Information. The Basic Lease Information and
             ----------------------
efinitions form accompanying this Lease is incorporated into and made a part of
this Lease.

         (h) Joint and Several Liability. The liabilities of Tenant under this
             ---------------------------
 Lease are joint and several.

   31.   Force Majeure. In any case where Landlord is required to perform any
         -------------
act pursuant to this Lease, the time for the performance thereof shall be
extended by a period of time equal

                                      -17-

<PAGE>

to the period of any delay caused by or resulting from an act of God; war; civil
commotion; fire or other casualty; labor difficulties; shortages of energy,
labor, materials, or equipment; government regulations; or delays caused by
Tenant to Landlord, whether such period be designated by a fixed date, a fixed
time, or as a reasonable date or time.

  32. Landlord's Additional Rights. In addition to all other rights that the
      ----------------------------
Landlord has under this Lease and applicable law, and not by way of limitation,
Landlord shall have the following rights:

      (a) Without unreasonably interfering with Tenant's business, to decorate
and to make inspections, repairs, alterations, additions, changes or
improvements, whether structural or otherwise, in and about the Building, or any
part thereof. To enter upon the Leased Premises for such purposes and, during
the continuance of any such work, to temporarily close doors, entryways, common
and public areas, and corridors in the Building; to interrupt or temporarily
suspend Building services and facilities; and to change the arrangement and
location of entrances or passageways, doors and doorways, corridors, elevators,
stairs, restrooms or other public or common areas of the Building (provided,
however, that any such changes to the Leased Premises shall not render it
inaccessible);

      (b) To take such reasonable measures as Landlord deems advisable for the
security of the Building and its occupants, including without limitation
searching all persons entering or leaving the Building; evacuating the Building
for cause, suspected cause, or for drill purposes; temporarily denying access to
the Building; and closing the Building after normal business hours and on
Saturdays, Sundays, and holidays, subject, however to Tenant's right to enter
when the Building is closed after normal business hours under such reasonable
regulation as Landlord may prescribe from time to time which may include by way
of example, but not of limitation, that persons entering or leaving the
Building, whether or not during normal business hours, identify themselves to a
security officer by registration or otherwise and that such persons establish
their right to enter or leave the Building; and

      (c) To change the name by which the Building is designated.

  33. Relocation. Intentionally Omitted.
      ----------

  34. Parking. Landlord agrees to take all reasonable action to obtain two (2)
      -------
parking spaces for Tenant's clients in the parking lot maintained by Fleet
behind the Building. In the event Landlord or a related entity acquires surface
parking to serve 511 Congress Street, or constructs additional parking

                                      -18-

<PAGE>

garages or additions to garages near 511 Congress Street, Landlord agrees to
endeavor, in good faith, to make parking for Tenant's staff available in such
lot or garage.

     35. Satellite Antenna Dish. Tenant shall have the option, at its sole cost
         ----------------------
and expense, to install and operate a satellite antenna dish and cables thereto
on the roof of the Building. Landlord reserves the right to prior approval of
the location of its placement on the roof. Tenant is solely responsible for the
operation, maintenance and repair of the satellite dish and Tenant will repair,
at its own cost, any damage to the roof or Building resulting from said
installation or operation. If practical, Tenant agrees to install its satellite
antenna dish in a manner that does not require penetration of the roof of the
Building.

     36. Waiver of Jury Trial. Landlord and Tenant waive the right to a trial by
         --------------------
jury in any action or proceeding based upon, or related to, the subject matter
of this Lease. This waiver is knowingly, intentionally, and voluntarily made by
Tenant and Tenant acknowledges that neither Landlord nor any person acting on
behalf of Landlord has made any representations of fact to induce this waiver of
trial by jury or in any way to modify or nullify its effect. Tenant further
acknowledges that it has been represented (or has had the opportunity to be
represented) in the signing of this Lease and in the making of this waiver by
independent legal counsel, selected of its own free will, and that it has had
the opportunity to discuss this waiver with counsel. Tenant further acknowledges
that it has read and understands the meaning and ramifications of this waiver
provision and as evidence of this fact signs its initials.

________________________________________
Initials of Tenant or Tenant's
Authorized Representative

     IN WITNESS WHEREOF, Landlord and Tenant have executed this Lease Agreement
as an instrument under seal as of the day and year first above-written.

WITNESS:                                      OCTOBER CORPORATION
                                              "LANDLORD"

______________________________________        By: /s/ Owen W. Wells
                                                 -------------------------------
                                                 Owen W. Wells
                                                 -------------------------------
                                                              (printed name)
                                                 Its:   Clerk
                                                 -------------------------------

                                      -19-

<PAGE>

                                               ACADIA TRUST, N.A.
                                               "TENANT"

___________________________________            By: _____________________________
                                                   _____________________________
                                                          (printed name)

                                                   Its:_________________________

                                               GOUWS CAPITAL MANAGEMENT, INC.
                                               "TENANT"

___________________________________            By: _____________________________
                                                   _____________________________
                                                          (printed name)

                                                   Its:_________________________

                                      -20-

<PAGE>

                                                                       EXHIBIT A

    [FLOOR PLAN OF FLEET PLAZA CONGRESS STREET PORTLAND, MAINE EIGHT FLOOR]

<PAGE>

                                                                       EXHIBIT A

          [FLOOR PLAN OF FLEET PLAZA CONGRESS STREET PORTLAND, MAINE]

<PAGE>

                                   EXHIBIT "B"
                                TENANT BUILD OUT
                                ----------------

     1. Except as set forth in this Exhibit, Tenant accepts the Leased Premises
in their "as is" condition on the date of this Lease.

     2. Prior to commencement of construction, Tenant shall provide to Landlord
for Landlord's approval final working drawings, prepared by an architect that
has been approved by Landlord (which approval shall not unreasonably be
withheld), of all improvements that Tenant proposes to install in the Premises;
such working drawings shall include the partition layout, ceiling plan,
electrical outlets and switches, telephone outlets, drawings for any
modifications to the mechanical and plumbing systems of the Building, and
detailed plans and specifications for the construction of the improvements
called for under this Exhibit in accordance with all applicable government laws,
codes, rules and regulations. Further, if any of Tenant's proposed construction
work will affect the Building's HVAC, electrical, mechanical, or plumbing
systems, then the working drawings pertaining thereto shall be prepared by the
Building's engineer of record, if any, whom Tenant shall at its cost engage for
such purpose. Landlord's approval of such working drawings shall not be
unreasonably withheld, provided that (a) they comply with all applicable
governmental laws, codes, rules, and regulations, and (b) such working drawings
are sufficiently detailed to allow construction of the improvements in a good
and workmanlike manner. As used herein, "Working Drawings" shall mean the final
working drawings approved by Landlord, as amended from time to time by any
approved changes thereto, and "Work" shall mean all improvements to be
constructed in accordance with and as indicated on the Working Drawings.
Approval by Landlord of the Working Drawings shall not be a representation or
warranty of Landlord that such drawings are adequate for any use, purpose, or
condition, or that such drawings comply with any applicable law or code, but
shall merely be the consent of Landlord to the performance of the Work. Tenant
shall, at Landlord's request, sign the Working Drawings to evidence its review
and approval thereof. All changes in the Work must receive the prior written
approval of Landlord, and in the event of any such approved change Tenant
shall, upon completion of the Work, furnish Landlord with an accurate,
reproducible "as-built" plan of the improvements as constructed, which plan
shall be incorporated into this Lease by this reference for all purposes.

     3. The Work shall be performed only by reputable contractors and
subcontractors approved in writing by Landlord, which approval shall not be
unreasonably withheld. All contractors and

<PAGE>

subcontractors shall be required to procure and maintain insurance against such
risks, in such amounts, and with such companies as Landlord may reasonably
require. Certificates of such insurance, with paid receipts therefor, and copies
of such bonds must be received by Landlord before the Work is commenced. The
Work shall be performed in a good and workmanlike manner that is free of defects
and is in strict conformity with the Working Drawings, and shall be performed in
such a manner and at such times as to maintain harmonious labor relations and
not to interfere with or delay Landlord's other contractors, the operation of
the Building, and the occupancy thereof by other Tenants. All contractors and
subcontractors shall contact Landlord and schedule time periods during which
they may use Building facilities in connection with the Work.

     4. Regardless of whether the Leased Premises are ready for occupancy and
the Work is substantially completed by November 1, 1995, Tenant's obligation to
pay rent under the Lease shall commence November 1, 1995.

     5. Except for the installation, by Landlord, in the Leased Premises of (i)
a full sprinkler system and (ii) a two-way communications system, as required
by law, to all areas of refuge constructed by Tenant, which installation shall
be performed by Landlord at its sole expense, Tenant shall bear the entire cost
of performing the Work (including, without limitation, design of the Work and
preparation of the Working Drawings, costs of construction labor and materials,
electrical usage during construction, additional janitorial services, general
Tenant signage, related taxes and insurance costs, all of which costs are herein
collectively called the "Total Construction Costs") in excess of the
                         ------------------------
Construction Allowance, if any.

     6. Landlord shall provide to Tenant a construction allowance (the
"Construction Allowance") for up to, but not more than, $400,000 for hard cost
 ----------------------
improvements to the Leased Premises upon presentation of invoice and up to
$30,000 for costs of architectural services.

                                      -2-

<PAGE>

                                   EXHIBIT "C"
                         BUILDING RULES AND REGULATIONS

     The following rules and regulations shall apply to the Leased Premises and
the Building:

     1. Sidewalks, doorways, vestibules, halls, stairways, and other similar
areas shall not be obstructed by tenants or used by any tenant for purposes
other than ingress and egress to and from their respective leased premises and
for going from one to another part of the Building.

     2. Plumbing, fixtures and appliances shall be used only for the purposes
for which designed, and no sweepings, rubbish, rags or other unsuitable material
shall be thrown or deposited therein. Damage resulting to any such fixtures or
appliances from misuse by a tenant or its agents, employees or invitees, shall
be paid by such tenant.

     3. No signs, advertisements or notices shall be painted or affixed on or to
any windows or doors or other part of the Building without prior written consent
of Landlord. No nails, hooks or screws shall be driven or inserted in any part
of the Building except by Building maintenance personnel. No curtains or other
window treatments shall be placed between the glass and the building standard
window treatments.

     4. Landlord shall provide and maintain a directory for all tenants in the
main lobby of the Building. Landlord shall provide and install, at tenant's
cost, all letters and numerals on the door or doors to the tenants' premises.
All such letters and numerals shall be in building standard graphics and no
other graphics shall be used or permitted in connection with the tenant's
premises unless approved in writing by Landlord.

     5. Landlord shall provide all door locks in each tenant's leased premises,
at the cost of such tenant, and no tenant shall place any additional door locks
or replace or rekey any locks in its leased premises without Landlord's prior
written consent. Landlord shall furnish to each tenant a reasonable number of
keys to such tenant's leased premises, at such tenant's cost, and no tenant
shall make a duplicate thereof.

     6. Movement in or out of the building of furniture or office equipment, or
dispatch or receipt by tenants of any bulky material, merchandise or materials
which require use of elevators or stairways, or movement through the Building
entrances or lobby shall be conducted under Landlord's supervision at such times
and in such a manner as Landlord may reasonably require. Each tenant assumes all
risks of and shall be liable for all damage to

<PAGE>

articles moved and injury to persons engaged or not engaged in such movement,
including equipment, property and personnel of Landlord if damaged or injured as
a result of acts in connection with carrying out this service for such tenant.

     7.  Landlord may prescribe weight limitations and determine the locations
for safes and other heavy equipment or items, which shall in all cases be placed
in the Building so as to distribute weight in a manner acceptable to Landlord
which may include the use of such supporting devices as Landlord may require.
All damages to the Building caused by the installation or removal of any
property of a tenant, or done by a tenant's property while in the Building,
shall be repaired at the expense of such tenant.

     8.  Corridor doors, when not in use, shall be kept closed. Nothing shall be
swept or thrown into the corridors, halls, elevator shafts or stairways. No
birds or animals shall be brought into or kept in, on or about any tenant's
leased premises. No portion of any tenant's leased premises shall at any time be
used or occupied as sleeping or lodging quarters.

     9.  Tenant shall cooperate with Landlord's employees in keeping its leased
premises neat and clean. Tenants shall not employ any person for the purpose of
such cleaning other than the Building's cleaning and maintenance personnel.

     10. To ensure orderly operation of the Building, no ice, mineral or other
water, towels, newspapers, etc. shall be delivered to any leased premises except
by persons approved by Landlord.

     11. Tenant shall not make or permit its officers, employees, agents,
invitees and visitors to make, any improper, objectionable or unpleasant noises
or odors in the Building or otherwise create any nuisance, annoy, disturb or
interfere in any way with, other tenants or persons having business with them.

     12. No machine of any kind (other than normal office equipment) shall be
operated by any tenant in its leased premises without Landlord's prior written
consent, nor shall any tenant use or keep in the Building any flammable or
explosive fluid or substance.

     13. Landlord will not be responsible for lost or stolen personal property,
money or jewelry from tenant's leased premises or public or common areas,
regardless of whether such loss occurs when the area is locked against entry or
not.

     14. No vending or dispensing machines of any kind may be maintained in any
leased premises without the prior written permission of Landlord, nor shall
tenant operate a kitchen,

                                      -2-

<PAGE>

cafeteria or other eating establishment, except for occasional catered business
receptions, nor perform any cooking or food preparations on the leased premises;
provided that tenant may operate a coffee bar on the leased premises which may
include a microwave oven.

     15. All mail chutes located in the Building shall be available for use by
Landlord and all tenants of the Building according to the rules of the United
States Postal Service.

     16. For purposes of the Building, normal business hours will be from 8:00
a.m. to 6:00 p.m., Monday through Friday, and 9:00 a.m. through 1:00 p.m. on
Saturday. Heating or air conditioning service at hours other than normal
business hours must be requested in writing as provided in the Lease, and shall
be paid for by the Tenant.

     17. Tenant shall provide at least one (1) Class ABC type fire extinguisher,
for each 3,000 square feet of space, and one (1) per floor otherwise.

     18. Landlord shall have the right to make such further rules and
regulations for the Building as it deems necessary and agrees to use its good
faith efforts to enforce these rules against all tenants of the Building.

                                      -3-

<PAGE>

                               MEMORANDUM OF LEASE
                               -------------------

                 Notice is hereby given of the following Lease:

LANDLORD:           October Corporation, a Maine corporation with a mailing
                    address c/o Boulos Property Management, One City Center,
                    Portland, ME 04101

TENANT:             Acadia Trust, N.A., a national association, and Gouws
                    Capital Management, Inc., a Maine corporation, with a place
                    of business at 511 Congress Street, Portland, Maine 04101.

DATE OF EXECUTION:  August 21, 1995

LEASED PREMISES:    All of the 9th floor and a portion of the 8th floor in the
                    office building known and numbered as 511 Congress Street,
                    Portland, Maine and outlined on Exhibit A attached hereto.

TERM OF LEASE:      123 months, commencing August 1, 1995.

RIGHT OF FIRST
REFUSAL:            Tenant shall have the right of first offer for the remaining
                    space on the 8th floor.

RIGHT TO RENEW
OR EXTEND:          None

OPTION TO PURCHASE: None

     The parties hereto further expressly acknowledge that this Memorandum of
Lease is being executed pursuant to the provisions of the Lease, and is not
intended to vary the terms or conditions of the Lease.

<PAGE>

         Executed as a sealed instrument as of this 21st day of August, 1995.

WITNESS:                                     OCTOBER CORPORATION
                                             LANDLORD

_____________________________________        By: /s/ Owen W. Wells
                                                --------------------------------
                                                Owen W. Wells
                                                Its: Clerk
                                                    ----------------------------

                                             ACADIA TRUST, N.A.
                                             TENANT

_____________________________________        By: _______________________________
                                             Printed Name: _____________________
                                             Its: ______________________________

                                             GOUWS CAPITAL MANAGEMENT, INC.

_____________________________________        By: _______________________________
                                             Printed Name: _____________________
                                             Its: ______________________________

STATE OF MAINE
COUNTY OF CUMBERLAND,  SS                    August 21, 1995

     Then personally appeared the above-named Owen W. Wells and acknowledged the
foregoing instrument to be his free act and deed in his said capacity and the
free act of deed of said Landlord.

                                             Before me,

                                             /s/ Bruce E. Leddy
                                             -----------------------------------
                                             Attorney-at-Law
                                             Printed Name: Bruce Leddy
                                                          ----------------------

STATE OF MAINE
COUNTY OF CUMBERLAND,  SS                    August ___, 1995

     Then personally appeared the above-named ___________________________, as
______________________________  of Acadia Trust, N.A., and acknowledged the
foregoing instrument to be his free act and deed in his said capacity and the
free act of deed of said Tenant.

                                                  Before me,

                                                  ______________________________
                                                  Notary Public/Attorney-at-Law
                                                  Printed Name:_________________

                                      -2-

<PAGE>

STATE OF MAINE
COUNTY OF CUMBERLAND,  SS                         August _____________, 1995

     Then personally appeared the above-named ___________________________, as
______________________________ of Gouws Capital Management, Inc., and
acknowledged the foregoing instrument to be his free act and deed in his said
capacity and the free act of deed of said Tenant.

                                                  Before me,

                                                  ______________________________
                                                  Notary Public-Attorney-at-Law
                                                  Printed Name:_________________

                                      -3-

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