Document:

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                                                                    Exhibit 10.7

                                  CNBC BANCORP
                             2002 STOCK OPTION PLAN

                                PART I - GENERAL

      1.    PURPOSE. The purpose of this CNBC Bancorp 2002 Stock Option Plan
(the "2002 Plan") is to advance the interests of CNBC Bancorp ("CNBC") and its
subsidiaries (collectively, the "Bank") and to enhance the value of the
shareholders' investment in the Bank by encouraging key management employees and
directors (collectively referred to as "Key Personnel") to acquire or increase
and retain a financial interest in the Bank and thereby encourage the Key
Personnel to remain in the service of the Bank and to put forth maximum efforts
for the success of the Bank. In addition, this 2002 Plan is intended to enable
the Bank to compete effectively for the services of potential Key Personnel by
furnishing an additional incentive to join the employment of the Bank. It is
intended that such purposes will be effected by the granting of nonqualified
stock options ("NSOs"), incentive stock options ("ISOs") intended to qualify
under Section 422 of the Internal Revenue Code of 1986, as amended (the "Code")
(collectively with NSOs, "Options"), and stock appreciation rights ("Stock
Appreciation Rights").

      2.    ADMINISTRATION OF THIS 2002 PLAN.

            (a)   IN GENERAL. This 2002 Plan shall be administered by the Board
of Directors of CNBC (the "Board") or one or more committees appointed by the
Board (the "Committee"). Whenever the term "Board" is used hereafter, it shall
also mean the Committee where appropriate.

            (b)   AUTHORITY OF THE BOARD. The Board shall have full power and
authority in its discretion, subject to and not inconsistent with the express
provisions of this 2002 Plan, to administer this 2002 Plan and to exercise all
the power and authority specifically granted to it under this 2002 Plan or
necessary or advisable, in the sole and absolute discretion of the Board, for
the administration of this 2002 Plan including, without limitation, the
authority to: select from among Key Personnel those individuals to whom Options
and Stock Appreciation Rights may be granted pursuant to this 2002 Plan; fix the
terms and provisions and restrictions of any Option and Stock Appreciation Right
granted under this 2002 Plan; grant Options and Stock Appreciation Rights,
interpret and construe any provision of this 2002 Plan or of any Option and
Stock Appreciation Right granted hereunder; adopt, amend and rescind such rules
and regulations relating to this 2002 Plan as the Board shall determine in its
discretion, subject to the express provisions of this 2002 Plan; and make all
other determinations deemed by it necessary or advisable for the administration
of this 2002 Plan. All decisions and designations made by the Board pursuant to
the provisions of this 2002 Plan shall be final, binding and conclusive with
respect to all interested parties.

            (c)   INDEMNIFICATION. Persons ("members") who are or shall have
been members of the Board shall be indemnified and held harmless by CNBC against
and from

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any loss, cost, liability, or expense that may be imposed upon or reasonably
incurred by them in connection with or resulting from any claim, action, suit,
or proceeding to which they may be a party or in which they may be involved by
reason of any action taken or failure to act under this 2002 Plan and against
and from any and all amounts paid by them in settlement thereof, with CNBC's
approval, or paid by them in satisfaction of judgment in any such action, suit,
or proceeding against them; provided they shall give CNBC an opportunity, at its
own expense, to handle and defend the same before they undertake to handle and
defend it on their own behalf. The foregoing right of indemnification shall not
be exclusive of any other rights of indemnification to which such persons may be
entitled under CNBC's Articles of Association or Bylaws, as a matter of law, or
otherwise, or any power that CNBC may have to indemnify them or hold them
harmless. CNBC may refuse to indemnify a member if such member did not act in
good faith in the execution of his or her duties.

      3.    ELIGIBILITY.

            (a)   GENERAL. Key Personnel of the Bank shall be eligible to
receive grants of Options and Stock Appreciation Rights pursuant to this 2002
Plan. Notwithstanding the foregoing, ISOs may only be granted to such Key
Personnel who are employees of the Bank. Key Personnel may include full-time
employees, part-time employees or directors; provided, however, that members of
the Board may not participate in this 2002 Plan unless approved by the majority
of disinterested members of the Board. More than one Option and/or Stock
Appreciation Right may be granted to Key Personnel. The Board shall, in its sole
discretion, from time to time, select from such Key Personnel to whom Options
and Stock Appreciation Rights shall be granted and determine the number of
Common Shares (as hereafter defined) to be included in such Options and Stock
Appreciation Rights.

            (b)   FACTORS. In determining the Key Personnel to whom Options and
Stock Appreciation Rights are to be granted under this 2002 Plan, the Board
shall take into consideration the respective duties of the Key Personnel, their
present and potential contributions to the success of the Bank and such other
factors as the Board shall deem relevant in connection with accomplishing the
purpose of this 2002 Plan.

            (c)   NO OTHER RIGHTS. Nothing contained in this 2002 Plan, nor any
Option or Stock Appreciation Right granted pursuant to this 2002 Plan, shall
confer upon any Key Personnel, employee or director any right to continue in the
employment of the Bank nor limit in any way the right of the Bank to terminate
the employment of any employee or director at any time.

      4.    SHARES SUBJECT TO THIS 2002 PLAN.

            (a)   The shares for which Options and Stock Appreciation Rights may
be granted under this 2002 Plan shall consist of seventy-five thousand (75,000)
common shares, without par value (the "Common Shares"), of CNBC; subject to
adjustment in Section 5.

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            (b) Common Shares subject to this 2002 Plan may be, at the
discretion of the Board, either authorized and unissued Common Shares or Common
Shares reacquired by CNBC and held as treasury shares.

            (c) If any outstanding Option or Stock Appreciation Right under this
2002 Plan for any reason expires or is terminated without having been exercised
in full, the Common Shares allocable to the unexercised portion thereof shall
(unless this 2002 Plan shall have been terminated) become available for
subsequent grants of Options and Stock Appreciation Rights under this 2002 Plan.

            (d) Notwithstanding anything in this 2002 Plan to the contrary, the
grant of Options and Stock Appreciation Rights shall be subject to the following
limitations: (i) in any one calendar year, no more than twenty-five thousand
(25,000) Common Shares may be granted under Options and Stock Appreciation
Rights; and (ii) in any one calendar year no more than four thousand (4,000)
Common Shares may be granted under Options and Stock Appreciation Rights to any
one individual under this 2002 Plan.

      5.    ADJUSTMENTS AND CHANGES IN THE COMMON SHARES.

            (a) In the event that the Common Shares as presently constituted
shall be changed into or exchanged for a different kind of shares or other
securities of CNBC or another corporation (whether by reason of merger,
consolidation, recapitalization, reclassification, split-up, combination of
shares or otherwise) or if the number of such shares shall be increased through
the payment of a stock dividend or stock split, then unless such change results
in the termination of all outstanding Options pursuant to the provisions of this
2002 Plan, there shall be substituted for or added to each share of CNBC
theretofore appropriate or thereafter subject or which may become subject to an
Option and Stock Appreciation Right under this 2002 Plan, the number and kind of
shares or other securities into which each outstanding share of CNBC shall be so
changed, or for which each such share shall be entitled, as the case may be.
Outstanding Options and Stock Appreciation Rights shall also be appropriately
amended as to price and number of shares and other terms as may be necessary to
reflect the foregoing events. In the event there shall be any other change in
the number or kind of the outstanding shares of CNBC, or of any share or other
securities into which such shares shall have been changed, or for which they
shall have been exchanged, then if the Board shall, in its sole discretion,
determine that such change equitably requires an adjustment in any Option and
Stock Appreciation Right theretofore granted or which may be granted under this
2002 Plan, such adjustment shall be made in accordance with such determination.
Fractional shares resulting from any adjustment in Options and Stock
Appreciation Rights pursuant to this Section 5 shall be rounded down to the
nearest whole number of shares.

            (b)   Notice of any adjustment shall be given by CNBC to each holder
of an Option and Stock Appreciation Right which shall have been so adjusted,
provided that such adjustment (whether or not such notice is given) shall be
effective and binding for all purposes of this 2002 Plan and any instrument or
agreement issued thereunder.

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      6.    EFFECTIVE DATE AND TERMINATION OF PLAN. This 2002 Plan was approved
by the affirmative vote of the Board on February 19, 2002. This 2002 Plan was
approved by a majority of the shareholders of CNBC on April 23, 2002. This Plan
shall terminate upon the earlier of (i) February 19, 2012; or (ii) the date on
which all Common Shares available for issuance under this 2002 Plan have been
issued pursuant to the exercise of options granted hereunder; or (iii) the
determination of the Board that this 2002 Plan shall terminate. No Options or
Stock Appreciation Rights may be granted under this 2002 Plan after such
termination date, provided that the Options and Stock Appreciation Rights
granted and outstanding on such termination date shall continue to have force
and effect in accordance with the provisions of the Option Agreements and SAR
Agreements (as hereafter defined) evidencing such.

      7.    AMENDMENT OF THIS 2002 PLAN. The Board may, from time to time,
alter, amend, modify, suspend or discharge or make such changes in and additions
to this 2002 Plan as it may deem desirable, without further action on the part
of the shareholders of CNBC; provided, however, that no such action shall
deprive any person without such person's consent of any rights theretofore
granted pursuant hereto and further provided, however, that, except as provided
in this 2002 Plan, no action of the Board, unless taken with the approval of
shareholders of CNBC, may:

            (a)   increase the total number of Common Shares available for
                  issuance pursuant to this 2002 Plan;

            (b)   reduce the minimum Option price;

            (c)   increase the period in which Options and Stock Appreciation
                  Rights granted under this 2002 Plan may be exercised;

            (d)   increase the number of Common Shares subject to this 2002 Plan
                  which may be optioned to any one individual or in any one
                  year;

            (e)   extend the termination date of this 2002 Plan; or

            (f)   change the class of Key Personnel eligible to receive options
                  under this 2002 Plan.

Subject to and without limiting the generality of the foregoing, the Board may
amend or modify this 2002 Plan and any outstanding Options and Stock
Appreciation Rights under this 2002 Plan to the extent necessary to qualify any
or all of such Options and Stock Appreciation Rights or future Options and Stock
Appreciation Rights to be granted for such beneficial federal income tax
treatment as may be afforded employee stock options under the Code or any
amendments thereto or other statutes or regulations or rules (or any
interpretations thereof by any applicable governmental agency or entity) which
become effective after the effective date of this 2002 Plan (including without
limitation any proposed or final Treasury regulations).

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      8.    NOTICES. Each notice relating to this 2002 Plan shall be in writing
and delivered in person or by first class or certified mail to the proper
addressee. Each notice shall be deemed to have been given on the date it is
received. Each notice to the Board shall be addressed as follows:

                     CNBC Bancorp
                     100 E. Wilson Bridge Road, Suite 100
                     Worthington, Ohio  43085
                     Attention:  Board of Directors

      Each notice to a holder of Options and/or Stock Appreciation Rights (or
other person or persons then entitled to exercise an Option) shall be addressed
to the holder (or such other person or persons), at the holder's address set
forth in the Bank's current personnel records. Anyone to whom a notice may be
given under this 2002 Plan may designate, in writing, a new address by notice to
that effect.

                       PART II - STOCK APPRECIATION RIGHTS

      9.    GENERAL. Each grant of Stock Appreciation Rights under this 2002
Plan shall be evidenced by an agreement between CNBC and the grantee which
contains the terms, conditions and restrictions pertaining to his or her Stock
Appreciation Rights (the "SAR Agreement"). The provisions of the various SAR
Agreements entered into under this 2002 Plan need not be identical. Each SAR
Agreement shall specify the number of Common Shares to which the Stock
Appreciation Rights pertain and Stock Appreciation Rights may be granted in
conjunction with all or part of any Option granted under this 2002 Plan. In the
case of a NSO, such rights may be granted either at or after the time of the
grant of such Option. In the case of an ISO, such rights may be granted only at
the time of the grant of such Option. If a Stock Appreciation Right is granted
in connection with an Option granted under this 2002 Plan, such Stock
Appreciation Right may cover the same number of Common Shares covered by an
Option or such lesser number of Common Shares as the Board may determine.

      10.   TERMINATION. Unless otherwise provided in the SAR Agreement, a Stock
Appreciation Right or applicable portion thereof granted with respect to a given
Option shall terminate and no longer be exercisable upon the termination or
exercise of the related Option.

      11.   OTHER TERMS AND CONDITIONS. Stock Appreciation Rights granted under
the Plan shall be subject to the following terms and conditions, and shall
contain such additional terms and conditions, not inconsistent with the
provisions of this 2002 Plan, as the Board shall deem appropriate.

            (a)   EXERCISABILITY AND TERM. Each SAR Agreement shall specify the
date when all or any installment of the Stock Appreciation Rights is to become
exercisable. The SAR Agreement shall also specify the term of the Stock
Appreciation Rights. The

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SAR Agreement may provide for accelerated exercisability in the event of the
grantee's death, disability, or retirement or other events and may provide for
expiration prior to the end of its term in the event of the termination of the
grantee's service with the Bank. Stock Appreciation Rights shall be exercisable
only at such time or times and to the extent that the Options to which they
relate, if any, shall be exercisable in accordance with the provisions of the
SAR Agreement and this 2002 Plan; provided, however, that a Stock Appreciation
Right granted subsequent to the grant of the related Option shall not be
exercisable during the first six months of its terms; and provided, further,
however, that a Stock Appreciation Right granted in connection with an ISO may
be exercised only if and when the market price of the Common Share subject to
the ISO exceeds the exercise price of such ISO.

            (b)   AMOUNT PAYABLE. Upon the exercise of a Stock Appreciation
Right, an Optionee shall be entitled to receive up to, but not more than, an
amount in cash or Common Shares equal in value to the excess of the Market Value
of one Common Share over the option price per share specified in the related
Option, multiplied by the number of Common Shares in respect of which the Stock
Appreciation Right shall have been exercised. The Board shall determine the form
of payment.

            (c)   TRANSFERABILITY. Stock Appreciation Rights shall be
transferable only when and to the extent that the underlying Option would be
transferable under this 2002 Plan.

            (d)   CHANGE IN CONTROL OF CNBC. Any SAR Agreement may provide that
Stock Appreciation Rights will be exercisable in the event of a Change in
Control.

                               PART III - OPTIONS

      12.   GRANT OF OPTIONS.

            (a)   To the extent not inconsistent with the provisions of this
2002 Plan, the Board shall fix the terms and provisions and restrictions of
Options, including the number of Common Shares to be subject to each Option, the
dates on which Options may be fully or partially exercised, the minimum period
(if any) during which the same must be held until exercisable and the expiration
dates thereof. Options granted hereunder shall be evidenced by a written option
agreement (an "Option Agreement") between the Option holder and the Board. The
Option Agreement shall contain such terms, conditions and limitations as
provided by the Board, but shall also be subject to the provisions of this
Section 12 and other Sections of Part III of this 2002 Plan. Each Option
Agreement shall specify whether the Option is an ISO or a NSO. The provisions of
the various Option Agreements need not be identical.

            (b)   The Option purchase price to be paid by Option holders in this
2002 Plan for a Common Share shall be determined by the Board, but shall be in
no event less than the greater of the fair market value or book value of the
Common Shares on the date

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such Option is granted. The fair market value of the Common Shares on a
particular date shall be determined by the Board.

            (c)   Any Option granted hereunder shall provide, as determined by
the Board, for appropriate arrangements for the satisfaction by CNBC and the
Option holder of all federal, state, local or other income, excise or employment
taxes or tax withholding requirements applicable to the exercise of the Option
or the later disposition of the Common Shares or other property thereby acquired
and all such additional taxes or amounts as determined by the Board in its
discretion, including, without limitations, the right of the Bank to receive
transfers of Common Shares or other property from the Option holder or to deduct
or withhold in the form of cash or shares from any transfer or payment to an
Option holder, in such amount or amounts deemed required or appropriate by the
Board in its sole and absolute discretion.

            (d)   The Board shall have the authority to effect, at any time and
from time to time, with the consent of the affected Option holder or Option
holders, the cancellation of any or all outstanding Options granted under this
2002 Plan and the grant in substitution thereof of new Options under this 2002
Plan (subject to the limitations hereof) covering the same or different numbers
of Common Shares at an Option price per share in all events not less than the
fair market value or book value of the Common Shares on the new grant date.

            (f)   The Board may include in an Option Agreement such other terms
and conditions not inconsistent with the foregoing as the Board shall approve.
Without limiting the generality of the foregoing sentence, the Board shall be
authorized to determine that Options shall be exercisable in one or more
installments during the term of the Option and the right to exercise may be
cumulative as determined by the Board.

      13.   NOTICE OF GRANT OF OPTION. Upon the granting of any Option to a
participant, the Board shall promptly cause such participant to be notified of
the fact of such grant. The date on which an Option shall be granted shall be
the date of the Board's authorization of such grant or such later date as may be
determined by the Board at the time such grant is authorized, subject to the
satisfaction of any conditions the Board may place on the effectiveness of the
grant.

      14.   ACCELERATION OF EXERCISE OF OPTIONS.

            (a)   In the event of a Change in Control of CNBC, as hereinafter
defined, or in the event of the death or permanent disability of an Option
holder, the following provisions shall apply to Options previously granted under
this 2002 Plan, notwithstanding any provision herein or in any agreement to the
contrary:

                  (i)   all Options which provide for exercise in one or more
                        installments shall become immediately exercisable in
                        full;

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                  (ii)  if any Option holder shall cease to be employed by the
                        Bank within one (1) year following a Change in Control,
                        the Option may in all events be exercised for a period
                        of three (3) months after such termination of employment
                        and within the Option period;

                  (iii) all Options under this 2002 Plan which have not
                        previously vested shall become vested; and

                  (iv)  the exercise restrictions provided in Section 16 of this
                        2002 Plan shall not be applicable.

            (b)   For purposes of this 2002 Plan, the term "Change in Control"
in ownership of CNBC shall mean and shall be deemed to have occurred if (i) any
person (as such term is used in Sections 13(d) and 14(d) of the Securities
Exchange Act of 1934, as amended (the "Exchange Act")), is or becomes the
beneficial owner (as defined in Rule 13d-3 under the Exchange Act), directly or
indirectly, of securities of CNBC representing thirty percent (30%) or more of
the combined voting power of CNBC's then outstanding securities, or (ii) there
commences a tender offer for securities of CNBC which, if successful, would
result in any person becoming the beneficial owner (as defined in Rule 13d-3
under the Exchange Act), directly or indirectly, of securities of CNBC
representing thirty percent (30%) or more of the combined voting power of CNBC's
then outstanding securities, or (iii) there is a consolidation or combination of
CNBC with, or merger of CNBC into or with, any other company and the inside
stockholders are not beneficial owners (as defined in Rule 13d-3 under the
Exchange Act), directly or indirectly, of securities of a company that directly
or indirectly owns CNBC representing more than thirty percent (30%) of the
combined voting power of such controlling company, or (iv) there is an
acquisition of CNBC or of all or substantially all of the assets of CNBC by
another person, company or entity.

            (c)   The grant of Options under this 2002 Plan shall in no way
affect the right of CNBC to adjust, reclassify, reorganize or otherwise change
its capital or business structure or to merge, consolidate, dissolve, liquidate
or sell or transfer all or any part of its business or assets.

      15.   ADDITIONAL PROVISIONS. Any Option Agreements authorized under this
2002 Plan shall contain such other provisions as the Board shall deem advisable
which are not inconsistent with the terms herein stated.

      16.   EXERCISE OF OPTIONS.

            (a) The exercise of Options shall be subject to restrictions that
may be created by the Board in its discretion as to the number of such Options
which may be exercised by an Option holder at a given time or in a given period
of time. The Board shall establish a vesting period, schedule and criteria for
the exercise of Options as it deems appropriate, such as vesting in installments
upon the achievement by CNBC or Option

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holder of specified periods of continued employment, specific performance
criteria or other goals.

            (b)   Each Option granted under this 2002 Plan shall be exercisable
on such date or dates and during such period and for such number of Common
Shares as shall be determined pursuant to the terms of the Agreement evidencing
such Option. An Option may be exercised by notice given to the Board in such
form as the Board shall require. No fraction of a Common Share may be purchased
by an Option holder upon exercising his option, and to the extent that the use
of fractional or percentage computations would otherwise give rise to the right
of the Option holder to purchase a fraction of a Common Share, the total Common
Shares subject to exercise shall be adjusted down to the nearest whole number.

      17.   EXERCISE AFTER TERMINATION OF EMPLOYMENT.

            (a)   Except as otherwise provided in this 2002 Plan, an Option
holder's Options (i) are exercisable only by the Option holder, and (ii) are
exercisable only while the Option holder is in the employment of the Bank except
as provided in Section 14.

            (b)   Except as provided in Section 14 of this 2002 Plan, any Option
holder's Option which is exercisable by its terms at the time the Option holder
ceases to be in the employment of the Bank must be exercised on or before the
earlier of (i) thirty (30) days after the date of termination of employment, or
(ii) the fixed expiration date of such Option after which period such Option
shall expire. However, Options cease to be exercisable on the date the Option
holder ceases to be in the employment of the Bank if termination of employment
is for nonperformance of duties or other cause.

            (c)   In the event of the death of the Option holder, each of that
Option holder's unexercised options (whether or not then exercisable by their
terms) shall become immediately exercisable by his or her estate for a period
ending on the earlier of the fixed expiration date of such Option or twelve
months after the date of death, after which period such Option shall expire. For
purposes hereof, the estate of an Option holder shall be defined to include the
legal representatives thereof or any person who has acquired the right to
exercise an option by reason of the death of the Option holder.

            (d)   In the event of the termination of employment by reason of the
permanent disability (as defined below) of the Option holder, each of that
Option holder's unexercised Options (whether or not then exercisable by their
terms) shall become exercisable for a period ending on the earlier of (i) the
fixed expiration date of such Option, or (ii) twelve (12) months from the date
of termination after which period such Option shall expire. For purposes of
Section 15 or this Section 17(d), "permanent disability" shall be deemed to be
the inability of the Option holder to perform the duties of his or her job with
the Bank because of a physical or mental disability as evidenced by the opinion
of a Bank-approved doctor of medicine licensed to practice medicine in the
United States of America.

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            (e)   In the event of the death or permanent disability of the
Option holder, the estate or Option holder, respectively, may request cash
payment equal to the difference between the fair market value of the Common
Shares and the Option exercise price multiplied by the number of Options
outstanding in exchange for surrendering its options to the Bank; however, the
Board, in its sole discretion, may approve or deny the request.

      18.   PAYMENT FOR COMMON SHARES. Common Shares which are subject to an
Option shall be transferred only upon exercise of the Option in whole or in part
and upon full payment of the purchase price for the Common Shares as to which
the Option is exercised. The Option price shall be payable upon exercise of the
Option in United States dollars in cash, check, bank draft or money order.

      19.   TERMINATION OF OPTION. Each Option shall terminate in any event no
later than ten (10) years from the date of the grant.

      20.   ASSIGNABILITY. An Option granted under this 2002 Plan may not be
transferred except by will or the laws of descent and distribution and, during
the lifetime of the Option holder to whom granted, may be exercised only by him
or her, his or her guardian or legal representative.

                             PART IV - MISCELLANEOUS

      21.   LAWS AND REGULATIONS.

            (a)   This 2002 Plan and all Options and Stock Appreciation Rights
granted pursuant to it are subject to all laws and regulations of any
governmental authority which may be applicable thereof, and notwithstanding any
provisions of this 2002 Plan or the Options and Stock Appreciation Rights
granted, the holder of an Option and/or Stock Appreciation Rights shall not be
entitled to exercise such Option and/or Stock Appreciation Right, nor shall CNBC
be obligated to issue any Common Shares or pay any cash under this 2002 Plan to
the holder, if such exercise, issuance or payment shall constitute a violation
by the Option holder or the Bank of any provisions of any such law or
regulation.

            (b)   CNBC, in its discretion, may postpone the issuance and
delivery of Common Shares upon any exercise of an Option and/or Stock
Appreciation Right until completion of any stock exchange listing or
registration or other qualification of such Common Shares under any state or
federal law, rule or regulation as CNBC may consider appropriate; and may
require any person exercising an option to make such representations and furnish
such information as it may consider appropriate in connection with the issuance
of the Common Shares in compliance with applicable law. Under such
circumstances, CNBC shall proceed with reasonable promptness to complete any
such listing, registration or other qualification.

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            (c)   Common Shares issued and delivered upon exercise of an Option
and/or Stock Appreciation Right shall be subject to such restrictions on
trading, including appropriate legending of certificates to that effect, as
CNBC, in its discretion, shall determine are necessary to satisfy applicable
legal requirements and obligations.

      22.   SHAREHOLDER RIGHTS. An Option and/or Stock Appreciation Right holder
shall have none of the rights of a shareholder of CNBC with respect to any
Common Shares subject to any Option or Stock Appreciation Right granted
hereunder until such individual shall have exercised the Option or Stock
Appreciation Right and been issued Common Shares therefor.

      23.   SEVERABILITY. If any provision of this 2002 Plan shall cause this
2002 Plan to violate any provision of any applicable law, rule or governmental
regulation or to be considered null and void, such provision shall be severed
from this 2002 Plan and shall be null and void or shall be deemed null and void
ab initio, as shall be appropriate or necessary and this 2002 Plan shall
continue in full force and effect as such provisions were not part of this 2002
Plan.

      24.   USE OF PROCEEDS. The proceeds received by CNBC from the sale of
Common Shares pursuant to the Options granted under this 2002 Plan shall be used
for general corporate purposes.

      25.   EXPENSES. The expenses of this 2002 Plan shall be borne by CNBC.

                                      * * *

                                      -11-<PAGE>
                                                                    Exhibit 10.8

                        EMPLOYMENT AGREEMENT

      This EMPLOYMENT AGREEMENT (the "Agreement") is effective as of April 1,
2002, by and between and among:

           COMMERCE NATIONAL BANK ("CNB"), a National
           Association, with its principal place of
           business at 100 E. Wilson Bridge Road,
           Worthington, Ohio 43085;

           CNBC BANCORP ("CNBC"), an Ohio corporation,
           with its principal place of business at 100 E.
           Wilson Bridge Road, Worthington, Ohio 43085;
           and

           PAMELA S. MILLER ("Miller"), residing at 4977
           Britton Farms Court, Hilliard, OH 43026.

      WHEREAS, CNB and CNBC (collectively the "Bank" unless the context
indicates one entity or the other) are engaged in the financial services
business; and

      WHEREAS, the Bank wishes to retain the services, knowledge, and abilities
of Miller as the Chief Financial Officer of CNB, and the Bank also desires to
prevent any other competitive business from securing Miller's services and
utilizing her experience, background and expertise; and

      WHEREAS, Miller is willing to continue in the employ of the Bank and
agrees to be bound by the terms and conditions of this Agreement as hereinafter
set forth; and

      WHEREAS, the Board of Directors of CNB and CNBC (the "Boards") have
determined that it is in the best interests of CNB and CNBC and their
shareholders to continue to employ Miller as Chief Financial Officer and that
CNB and CNBC should be bound by the terms and conditions of this Agreement, and
Miller desires to serve in that capacity.

<PAGE>

NOW, THEREFORE, IT IS HEREBY AGREED AS FOLLOWS:

      1.    CONTRACT PERIOD.

            The Bank shall continue to employ Miller, and Miller shall serve the
      Bank, on the terms and conditions set forth in this Agreement, for the
      period commencing on the date of this Agreement and ending on March 31,
      2005 (the "Contract Period"). However, the Contract Period may be extended
      beyond March 31, 2005, by mutual agreement of Miller and the Bank, in
      which event the Contract Period shall end on such date as agreed.

      2.    POSITION AND DUTIES.

            (a) During the Contract Period, Miller shall be the Chief Financial
      Officer of CNB with such duties and responsibilities as are assigned to
      her by the Chief Executive Officer consistent with her position. Miller
      shall, from time to time, and with the consent of the Chief Executive
      Officer, be entitled to delegate with appropriate supervision the
      performance of some of her duties and responsibilities to other management
      personnel of the Bank.

            (b) During the Contract Period, and excluding any periods of
      vacation and sick leave to which she is entitled, Miller shall devote her
      full attention and time during normal business hours to the business and
      affairs of the Bank, shall perform her services wherever the Boards may
      from time to time designate, and to the extent necessary to discharge the
      responsibilities assigned to her under this Agreement use her reasonable
      best efforts to carry out such responsibilities faithfully and
      efficiently. It shall not be considered a violation of the foregoing for

                                      -2-
<PAGE>

      Miller to serve on corporate, civic or charitable boards or committees, so
      long as such activities do not compete with and are not provided to or for
      any entity that competes with or intends to compete with the Bank and do
      not interfere with the performance of her responsibilities as the Chief
      Financial Officer of CNB in accordance with this Agreement.

      3.    COMPENSATION AND BENEFITS.

            (a) BASE SALARY. During the Contract Period and for the remainder of
      the current calendar year which expires on December 31, 2002, Miller shall
      receive an annual base salary ("Annual Base Salary") of Ninety Four
      Thousand and Five Hundred Dollars ($94,500), payable in equal installments
      at intervals not less frequent than monthly. For the calendar year
      commencing January 1, 2003, and for each subsequent calendar year prior to
      the expiration of the Contract Period, an adjustment to Miller's Annual
      Base Salary shall be determined by the Chief Executive Officer.

            (b) SUPPLEMENTAL RETIREMENT BENEFIT. Miller currently has in place a
      Deferred Compensation Agreement dated December 31, 1997 by and between
      herself and the Bank and subsequently amended on October 4, 2001, a copy
      of which is attached as Exhibit A.

            (c) OTHER BENEFITS. During the Contract Period: (i) Miller shall be
      entitled to participate in all incentive, savings and retirement plans,
      practices, policies and programs of the Bank to the same extent as the
      other executive officers of the Bank; and (ii) Miller and/or Miller's
      family, as the case may be, shall be eligible for participation in, and
      shall receive all benefits under, all welfare benefit plans, practices,
      policies and programs provided by the Bank (including,

                                      -3-
<PAGE>

      without limitation, medical, prescription, dental, disability, salary
      continuance, employee life insurance, group life insurance and accidental
      death insurance plans and programs) to the same extent as the other
      executive officers of the Bank. The benefits currently being provided to
      Miller are set forth on Exhibit B attached hereto.

            (d) EXPENSES. During the Contract Period, Miller shall be entitled
      to receive prompt reimbursement for all reasonable expenses incurred by
      her in carrying out her duties under this Agreement, provided that she
      complies with the policies, practices and procedures of the Bank for
      submission of expense reports, receipts, or similar documentation of such
      expenses.

            (e) VACATION. Miller shall be entitled to four (4) weeks of paid
      vacation during each full calendar year in the Contract Period.

            (f) OPTIONS. Annually, Miller shall be granted options to purchase
      shares of the common stock of CNBC in an amount equal to twenty percent
      (20%) of her Annual Base Salary for the immediately preceding year,
      subject however, to the anti-dilution adjustments, as and to the extent
      set forth in the CNBC Bancorp 1999 Stock Option Plan and as it may be
      subsequently amended, restated or replaced and as set forth in any future
      additional stock option plans (collectively the "Plans"), and subject also
      to any other limitations set forth in the Plans, including the limitation
      on the maximum number of options to be granted each year to any one
      individual.

            (g) DISABILITY POLICY. The Bank will annually reimburse Miller for
      the premium paid by her to maintain in force an individual disability
      income policy. The reimbursement shall be (i) made within ten (10) days
      following submission by Miller to the Bank of an expense report with
      appropriate supporting documentation and

                                      -4-
<PAGE>

      (ii) treated as compensation to Miller and shall be subject to all
      appropriate withholdings.

      4.    TERMINATION OF EMPLOYMENT.

            (a) DEATH OR DISABILITY. Miller's employment shall terminate
      automatically upon her death during the Contract Period. The Bank shall be
      entitled to terminate Miller's employment during the Contract Period due
      to her Disability. "Disability" means that Miller has been unable, for a
      period of either (A) 90 consecutive calendar days or (B) an aggregate of
      120 calendar days in a period of 365 consecutive calendar days, to
      substantially perform her material duties under this Agreement, as a
      result of physical or mental illness or injury. A termination of Miller's
      employment by the Bank due to her Disability shall be communicated to her
      by written notice, and shall be effective on the 30th day after receipt of
      such notice by her (the "Disability Effective Date"), unless she returns
      to work and is able to substantially perform her duties in accordance with
      the provisions of Section 2 before the Disability Effective Date.

            (b) FOR CAUSE. The Bank may terminate Miller's employment during the
      Contract Period "For Cause". "For Cause" means:

                (i) The continued failure of Miller to substantially perform the
            duties and responsibilities of her position; or

                (ii) Illegal conduct or gross misconduct by Miller that results
            in material and demonstrable damage to the business or reputation of
            the Bank.

                (iii) With regards to Section 4(b)(i), the Bank shall be
            required to provide Miller with written notification regarding those
            duties and

                                      -5-
<PAGE>

            responsibilities that it determines she has failed to substantially
            perform. The Bank must cite specific objectives, which it believes,
            would represent substantial performance and which Miller must meet.
            Further, the Bank must provide Miller with an appropriate and
            reasonable time frame to accomplish that substantial performance.
            Only upon Miller's failure to meet those specific objectives within
            the stated time frame will there be a right to terminate "For Cause"
            under Section 4(b)(i).

            Any act or failure to act by Miller that is based upon authority
            given her pursuant to a resolution duly adopted by the Boards, or
            the advice of counsel for the Bank, shall be conclusively presumed
            to be done, or omitted to be done, by Miller in good faith and in
            the best interests of the Bank, and shall not give rise to a
            termination For Cause under this Paragraph. Miller's termination For
            Cause shall be effective immediately unless the Bank states
            otherwise.

            (c) WITHOUT CAUSE. The Bank may terminate Miller's employment during
      the Contract Period "Without Cause." "Without Cause" means:

                (i) Termination of Miller's employment during the Contract
            Period by the Bank for any reason other than For Cause, Death or
            Disability.

            (d) FOR GOOD REASON. Miller's employment may be terminated by her
      during the Contract Period "For Good Reason." "For Good Reason" means:

                (i) The assignment to Miller of any duties inconsistent in any
            material respect with Paragraph (a) of Section 2 of this Agreement,
            or any other action by the Bank that results in a material
            diminution in her position, authority, duties or responsibilities,
            other than an isolated or an insubstantial and inadvertent action
            that is not taken in bad faith and is remedied by the

                                      -6-
<PAGE>

            Bank within a reasonable period of time after receipt of written
            notice thereof from Miller; or

                (ii) Any material breach of this Agreement by the Bank, other
            than an isolated or an insubstantial and inadvertent breach that is
            not taken in bad faith and is remedied by the Bank within a
            reasonable period of time after receipt of written notice thereof
            from Miller. A material breach shall include, but not be limited to,
            a failure by the Bank to comply with any provision of Section 3 or
            Paragraph (c) of Section 10 of this Agreement.

                (iii)A termination of employment by Miller For Good Reason shall
            be communicated to the Bank by written notice ("Notice of
            Termination For Good Reason") of the termination, setting forth in
            reasonable detail the specific conduct of the Bank that constitutes
            For Good Reason and the specific provision(s) of this Agreement on
            which Miller relies. A termination of employment by Miller under
            Section 4(d) shall be effective on the fifth (5th) business day
            following the date when the Notice of Termination For Good Reason is
            given, unless the notice sets forth a later date (which date shall
            in no event be later than thirty (30) days after the notice is
            given) which is agreed to by the President or Board.

            (e) WITHOUT GOOD REASON. Miller's employment may be terminated by
      her during the Contract Period "Without Good Reason." "Without Good
      Reason" means:

                (i) Termination by Miller of her employment during the Contract
            Period for any reason other than those cited under For Good Reason.

            (f) NO WAIVER. The failure to set forth any fact or circumstance in
      a Notice of Termination For Cause or a Notice of Termination For Good
      Reason shall not constitute a waiver of the right to assert, and shall not
      preclude the party

                                      -7-
<PAGE>

      giving notice from asserting, such fact or circumstance in an attempt to
      enforce any right under or provision of this Agreement.

            (g) DATE OF TERMINATION. The "Date of Termination" means the date of
      Miller's death, the Disability Effective Date, or the date on which the
      termination of Miller's employment by the Bank or by Miller is effective,
      as the case may be.

      5.    OBLIGATIONS OF THE BANK UPON TERMINATION.

            (a) "WITHOUT CAUSE" OR "FOR GOOD REASON". If Miller's employment is
      terminated during the Contract Period either by the Bank Without Cause as
      provided in Paragraph (c) of Section 4, or by Miller For Good Reason as
      provided in Paragraph (d) of Section 4, the Bank shall pay the amounts
      described in Subparagraphs (i)(A), (i)(B), and (i)(C) below to Miller or
      in the case of her death after commencement of payments, to her estate or
      beneficiary, and shall continue the benefits described in Subparagraph
      (ii) below until the completion of the payment of the amounts described in
      Subparagraph (i)(B) below:

                (i) The amounts to be paid are as follows:

                    A. Miller's accrued but unpaid cash compensation (the
                "Accrued Obligations"), which shall equal any portion of her
                Annual Base Salary through the Date of Termination that has not
                yet been paid; (2) any compensation previously deferred by
                Miller (together with any accrued interest or earnings thereon)
                that has not yet been paid; and (3) any accrued but unpaid
                vacation pay; and

                    B. Severance payments calculated on an annual basis and paid
                on a monthly basis, beginning one (1) month following the Date
                of Termination, and continuing for a total of six (6)
                consecutive

                                      -8-
<PAGE>

                months. The monthly amount shall be determined by multiplying
                Miller's Annual Base Salary for the calendar year in which the
                Date of Termination occurs by a factor of one-half (0.5), then
                dividing by a factor of six (6).

                    C. Amounts accrued and vested under the Deferred
                Compensation Agreement dated December 31, 1997 and subsequently
                amended on October 4, 2001, attached as Exhibit A.

                (ii) The benefits to be continued are benefits to Miller and/or
            her family at least as favorable as those that would have been
            provided to them under Paragraph (c)(ii) of Section 3 of this
            Agreement if Miller's employment had continued until the completion
            of the payments of the amounts described in Subparagraph (i)(B)
            above; provided, however, that during any period when Miller is
            eligible to receive such benefits under another employer-provided
            plan, the benefits provided by the Bank under this subparagraph may
            cease. The foregoing notwithstanding, if the Bank is unable to
            continue to provide medical, life or disability benefits to Miller
            and/or her family on account of her or their ceasing to be eligible
            for those benefits under the terms of the applicable plan or policy,
            then the Bank will pay to Miller and/or her family on a monthly
            basis the cost of providing medical, life and disability insurance
            of substantially equal or better coverage.

                (iii) If the payments provided under this Agreement would
           constitute a "parachute payment" as defined in Section 280G of the
           Internal Revenue Code of 1986, as amended (the "Code"), such payments
           shall be reduced to the largest amount as will result in no portion
           of the benefit under Paragraph 5(a) being subject to the excise tax
           imposed by Section

                                      -9-
<PAGE>

           4999 of the Code or being disallowed as deductions to the Bank under
           Section 280G of the Code.

           (b) FOR CAUSE; WITHOUT GOOD REASON. If Miller's employment is
      terminated during the Contract Period by the Bank For Cause as provided in
      Paragraph (b) of Section 4, or by Miller Without Good Reason as provided
      in Paragraph (e) of Section 4, then she shall be entitled to be paid the
      amounts described in Paragraph 5(a)(i)(A) and 5(a)(i)(C) only.

      6.   NON-EXCLUSIVITY OF RIGHTS.

           Nothing in this Agreement shall prevent or limit Miller's continuing
      or future participation in any plan, program, policy or practice provided
      by the Bank or any of its affiliated companies for which she may qualify,
      nor shall anything in this Agreement limit or otherwise affect such rights
      as Miller may have under any contract or agreement with the Bank. Vested
      benefits and other amounts that Miller is otherwise entitled to receive
      under any plan, policy, practice or program of, or any contract or
      agreement with the Bank on or after the Date of Termination shall be
      payable in accordance with such plan, policy, practice, program, contract
      or agreement, as the case may be, except as explicitly modified by this
      Agreement.

      7.   FULL SETTLEMENT.

           The Bank's obligation to make the payments provided for in, and
      otherwise to perform its obligations under, this Agreement shall not be
      affected by any

                                      -10-
<PAGE>

      set-off, counterclaim, recoupment, defense or other claim, right or action
      that the Bank may have against Miller or others. In no event shall Miller
      be obligated to seek other employment or take any other action by way of
      mitigation of the amounts payable to Miller under any of the provisions of
      this Agreement and such amounts shall not be reduced, regardless of
      whether Miller obtains other employment so long as such other employment
      does not conflict with the obligations set forth in Section 9 below.

      8.   CONFIDENTIAL INFORMATION.

           Miller shall hold in a fiduciary capacity for the benefit of the Bank
      all secret or confidential information, knowledge or data relating to the
      Bank or any company affiliated therewith and their respective businesses
      that she obtains during her employment by the Bank and that is not public
      knowledge (other than as a result of Miller's violation of this Section 8)
      ("Confidential Information"). Miller shall not communicate, divulge or
      disseminate Confidential Information at any time during or after her
      employment with the Bank, except with the prior written consent of the
      Bank or as otherwise required by law or legal process.

      9.   NONCOMPETITION; NONSOLICITATION.

           (a) During the Contract Period and during the six (6) month period
      following the termination of her employment with the Bank (the
      "Restriction Period"), Miller shall not become associated with any entity,
      whether as a principal, partner, employee, consultant or shareholder
      (other than as a holder of not in excess of one percent (1%) of the
      outstanding voting shares of any company) that

                                      -11-
<PAGE>

      is, or intends to be, engaged in any business which is in competition with
      the business of the Bank or any of its subsidiaries in any geographic area
      in which the Bank or any of its subsidiaries operates an office which
      employs at least one (1) person (a "Competitor"). The restrictive covenant
      set forth in this Paragraph (a) shall not apply, however, if the
      termination of Miller's employment is on account of the Bank exercising
      its right to terminate her employment under Paragraph (a) of Section 4 in
      the event of her Disability.

           (b) During the Contract Period and during the twelve (12) month
      period following the termination of her employment with the Bank (the
      "Nonsolicitation Period"), Miller shall not, directly or indirectly,
      encourage or solicit, or assist any other person or firm in encouraging or
      soliciting, any person that during the two year period preceding such
      termination of her employment with the Bank is or was engaged in a
      business relationship with the Bank or any of its subsidiaries to
      terminate its relationship with the Bank or any of its subsidiaries or to
      engage in a business relationship with a Competitor. The restrictive
      covenant set forth in this Paragraph (b) shall not apply, however, if the
      termination of Miller's employment is on account of the Bank exercising
      its right to terminate her employment under Paragraph (a) of Section 4 in
      the event of her Disability.

           (c) During the Nonsolicitation Period, Miller will not, except with
      the prior written consent of the Bank, directly or indirectly, induce any
      employee of the Bank or any of its subsidiaries to terminate employment
      with such entity, and will not, directly or indirectly, either
      individually or as owner, agent, employee, consultant or otherwise,
      employ, offer employment or cause employment to be offered to any person
      who is or was employed by the Bank or a subsidiary thereof unless such
      person shall have ceased to be employed by such entity for a period of at
      least six (6) months.

                                      -12-
<PAGE>

           (d) Promptly following her termination of employment, Miller shall
      return to the Bank all property of the Bank, and all copies thereof in her
      possession or under her control, including, without limitation, all
      Confidential Information in whatever media such Confidential Information
      is maintained.

           (e) Miller acknowledges and agrees that the Restriction Period and
      the Nonsolicitation Period and the matters and territories covered thereby
      are fair and reasonable and the result of negotiation, and further
      acknowledges and agrees that the covenants and obligations of her in
      Section 8 and this Section 9 with respect to noncompetition,
      nonsolicitation, confidentiality and Bank property relate to special,
      unique and extraordinary matters and that a violation of any of the terms
      of such covenants and obligations will cause the Bank irreparable injury
      for which adequate remedies are not available at law. Therefore, Miller
      agrees that the Bank shall be entitled to an injunction, restraining order
      or such other equitable relief as a court of competent jurisdiction may
      deem necessary or appropriate to restrain her from committing any
      violation of such covenants and obligations. These injunctive remedies are
      cumulative and are in addition to any other rights and remedies the Bank
      may have at law or in equity.

      10.  SUCCESSORS.

           (a) This Agreement is personal to Miller and shall not be assignable
      by her otherwise than by will or the laws of descent and distribution.
      This Agreement shall inure to the benefit of and be enforceable by
      Miller`s legal representatives.

           (b) This Agreement shall inure to the benefit of and be binding upon
      the Bank and its successors and assigns.

                                      -13-
<PAGE>

           (c) The Bank shall require any successor (whether direct or indirect,
      by purchase, merger, consolidation or otherwise (an "Acquisition")) to all
      or substantially all of the business and/or assets of the Bank expressly
      to assume and agree to perform this Agreement in the same manner and to
      the same extent that the Bank would have been required to perform it if no
      such succession had taken place. As used in this Agreement, "Bank" shall
      mean both the Bank as defined above and any such successor that assumes
      and agrees to perform this Agreement, by operation of law or otherwise.

      11.  MISCELLANEOUS.

           (a) This Agreement shall be governed by, and construed in accordance
      with, the laws of the State of Ohio without reference to principles of
      conflict of laws. The captions of this Agreement are not part of the
      provisions hereof and shall have no force or effect. This Agreement may
      not be amended or modified except by a written agreement executed by the
      parties hereto or their respective successors and legal representatives.
           (b) All notices and other communications under this Agreement shall
      be in writing and shall be given by hand delivery to the other party or by
      registered or certified mail, return receipt requested, postage prepaid,
      addressed as follows:

      IF TO MILLER:
      ------------

           Pam Miller
           4977 Britton Farms Court
           Hilliard, OH  43026

      IF TO THE BANK:
      --------------

           Commerce National Bank

                                      -14-
<PAGE>

           100 East Wilson Bridge Road
           Worthington, OH  43085

           Attention:  Chief Executive Officer

      Or to such other address as either party furnishes to the other in writing
      in accordance with this paragraph. Notices and communications shall be
      effective when actually received by the addressee.

           (c) The invalidity or lack of enforceability of any provision of this
      Agreement shall not affect the validity or enforceability of any other
      provision of this Agreement.

           (d) Notwithstanding any other provision of this Agreement, the Bank
      may withhold from amounts payable under this Agreement all Federal, state,
      local and foreign taxes that are required to be withheld by applicable
      laws or regulations.

           (e) Miller's or the Bank's failure to insist upon strict compliance
      with any provision of, or to assert any right under, this Agreement
      (including, without limitation, the right of Miller to terminate
      employment For Good Reason pursuant to Paragraph (d) of Section 4 of this
      Agreement) shall not be deemed to be a waiver of such provision or right
      or of any other provision of or right under this Agreement.

                                      -15-
<PAGE>

      IN WITNESS WHEREOF, Miller has hereunto set her hand and, pursuant to the
authorization of their Board of Directors, CNB and CNBC have caused this
Agreement to be executed in their name on their behalf, all as of the day and
year first above written.

COMMERCE NATIONAL BANK                    Pamela S. Miller, INDIVIDUAL

By:                                       By:
   -----------------------                    ---------------------
Thomas D. McAuliffe                       Pamela S. Miller
Chief Executive Officer and President

CNBC BANCORP

By:
   -----------------------
Thomas D. McAuliffe
Chairman

                                      -16-
<PAGE>

                       Exhibit B - Benefits

Commerce National Bank 401(k) Savings Plan and Trust
Medical and Prescription Plan Insurance
Medical Flexible Spending Account
Dental, Vision and Well-Care Reimbursement Plan
Group Life and Accidental Death and Dismemberment (AD&D) Insurance
Voluntary Life and Accidental Death and Dismemberment (AD&D) Insurance
Sick Days
Bank Short Term Disability Plan
Group Long Term Disability Insurance
Health Club Reimbursement
Paid Federal Holidays
Floating Holidays

                                      -17-

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