Document:

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10(j) Trust Agreement dated February 24, 1992 between the Company and State
Street Bank and Trust Company relating to 401(k) Plan.

                           AUTOMATIC DATA PROCESSING
                             PROTOTYPE 401(k) PLAN
                                TRUST AGREEMENT

AGREEMENT dated February 24, 1992 between Skylands Community Bank

With offices at 24-26 Crossroads Center, South, Route 517, Hackettstown, NJ
07840 (the "Company") And STATE STREET BANK AND TRUST COMPANY, as trustee (the
"Trustee"), with offices located at 200 Newport Avenue, North Quincy,
Massachusetts 02171.

      This Agreement establishes a trust fund (the "Trust") forming part of the
plan established by the Company using the Automatic Data Processing Prototype
401(k) Plan ( the "Plan") and a related adoption agreement. Unless the context
clearly indicates otherwise, any terms defined in the Plan docurnent shall have
the same meaning when used in this Agreement,

The Company and the Trustee agree as follows:

1.1 ESTABLISHMENT OF TRUST.

ARTICLE I - ESTABLISHMENT

The Company establishes the Trust, which will consist of amounts contributed or
transferred to the Plan in accordance with its terms, investments and proceeds
thereof and earnings thereon, reduced by all payments from the Trust. All assets
from time to time held under the Plan will be held in the Trust and will be
subject to this Agreement. The Trustee accepts the Trust and agrees to
administer the Trust as provided in this Agreement. However, the Trustee will
have no liability or responsibility for the validity, tax qualification or legal
effect of the Company's Plan.

2.1 ACCEPTANCE OF CONTRIBUTIONS TO TRUST.

ARTICLE 2 - DUTIES OF TRUSTEE

            The Trustee shall have the sole responsibility for selection of the
            Investment Funds to be made available to the Company under the Plan
            (from amongst which the Administrative Committee shall make its
            selection pursuant to Section 4.11(a) hereof), provided, however,
            that the Company, by establishing and maintaining the Trust, is the
            responsible fiduciary with respect to the selection of such
            Investment Funds as the available Investment Funds under the Plan,
            and the Administrative Committee is the fiduciary responsible for
            the selection of specific Investment Funds from those available, all
            as provided in Section 4.1. Each Investment Fund shall be managed by
            the Trustee, and there shall be no investment managers (as defined
            by ERISA Section 3(38)) under the Trust. The Company and the Trustee
            hereby acknowledge that, in addition to the limitations contained in
            Section 10.6 hereof, neither the Sponsor nor ADP (nor any affiliate
            of ADP) has any authority to select such Investment Funds.

      (b)   The Trustee will accept such contributions made on behalf of
            Participants under the Plan as it receives from time to time from
            the Company or a Participating Affiliate. The Trustee will also
            accept Rollover Contributions to the Trust made by Participants in
            accordance with the Plan. At the direction of the Administrative
            Committee, the Trustee will also accept Transfer Contributions to
            the Trust from another qualified plan or qualified annuity plan
            covering Participants. All such contributions will be in cash only.

      (c)   The Trustee will have no responsibility for determining the proper
            time or amount of any contribution to the Trust, for enforcing the
            collection of any contribution to the Trust, or for determining that
            contributions satisfy any applicable requirement of the Plan or law
            including, without limitation, the minimum contributions
            requirements of Code Section 416, Also, the Trustee will have no
            responsibility for determining whether the amount of any
            contribution (or the portion of such contribution allocated to the
            Account(s) of a Participant) meets any applicable legal requirements
            or is within any applicable limit including, without limitation, the
            limits imposed by Code Sections 401(k) and (m), 402(g), 404 and 415.
            The contribution or transfer of any amount to the Trustee hereunder
            constitutes a certification by the Company and the Administrative
            Committee that such contribution or transfer is in accordance with
            the Plan.

2.2 MAINTAIN ACCOUNTS.

      The Trustee will maintain accounts or other trust accounting records, and
      will make credits to or charges against such accounts, as necessary for
      the Trustee to carry out its responsibilities under this Agreement.

2.3 INVESTMENTS.

      The Trustee will invest the assets of the Company's Plan as directed in
      accordance with the relevant provisions of the Plan document and related
      adoption agreement, this Agreement (including particularly Sections 4.1
      and 4.2 hereof), and any other applicable agreement between the Company
      and the Trustee. In investing the assets of a Participant's Account(s),
      the Trustee will follow the investment directions of t)e Participant; the
      intention ofthe parties being that the Plan and this Agreement comply with
      ERISA Section 404(c).

2.4 MAKE PAYMENTS.

      Upon receipt of written directions from the Administrative Committee
      certifying that an amount is payable to or for the benefit of a
      Participant or other person under the Plan, whether as a distribution,
      transfer, withdrawal or the disbursement of a loan, the Trustee will pay
      such amount (or begin installment payments) in accordance with such
      directions, and the Trustee will be fully protected in, and will not incur
      any liability for, so doing. The Administrative Committee's directions
      will include all information necessary to enable the Trustee to make such
      payment and the Administrative Committee's giving of such directions
      constitutes a certification from the Administrative Committee to the
      Trustee that such payment is in accordance with the Plan. The Trustee will
      have no responsibility for any delay in making payment pending receipt
      from the Administrative Committee of all information needed to make the
      payment (including proper income tax withholding instructions signed by
      the recipient), for the application of any payment by the recipient, for
      determining the rights or benefits of any person in the Trust or under the
      Plan, for calculating or determining any amount to be distributed to a
      Participant or Beneficiary (including, without limitation, any alternate
      payee as defined in Code Section 414(p)(8)) for compliance with any
      applicable requirements for minimum distributions, for the administration
      of the Plan, or for the adequacy of the Trust to meet all liabilities
      arising under the Plan.

ARTICLE 3 - POWERS OF TRUSTEE

3.1 ADDITIONAL POWERS OF TRUSTEE.

      In addition to and not in limitation of such powers as the Trustee has by
      law or under any other provisions of the Plan and this Agreement, but
      subject to the provisions of this Agreement and the requirements of
      applicable law, the Trustee will have the powers specified in this Section
      3.1. As provided herein, the Trustee will exercise such powers concerning
      investments or other discretionary actions only as a directed Trustee, and
      will not be liable or

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      responsible for the consequences of its exercising any such power as
      directed:

      (a)   to deal with all or any part of the Trust assets including the power
            to acquire and dispose of assets;

      (b)   to hold any part of the Trust assets in cash pending the investment
            or distribution thereof, without liability for interest,

      (c)   to enforce by suit or otherwise or to waive its rights on behalf of
            the Trust, and to defend claims asserted against it or the Trust;
            provided that the Trustee will not be required to institute or
            defend any court or administrative proceeding unless it has first
            been indemnified to its satisfaction for the costs and expenses of
            such proceeding;

      (d)   to compromise, adjust and settle any and all claims against or in
            favor of it or the Trust;

      (e)   to vote, or give proxies to vote, any stock or other security held
            in the Trust, and to waive notice of meetings;

      (f)   to oppose, or consent to and participate in, the reorganization,
            merger, consolidation or readjustment of the finances or
            capitalization of any enterprise, to pay assessments and expenses in
            connection therewith, and to deposit securities under deposit
            agreements, to exercise or sell any conversion privileges or
            subscription rights, and to make payments incidental thereto;

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      (g)   to hold securities unregistered, or to register them in its own name
            (with or without indication of its fiduciary capacity hereunder) or
            in the names of nominees, provided that the Trustee's records will
            at all times show that such property is owned by the Trust,

      (h)   to make, execute, acknowledge and deliver any and all documents that
            it deems necessary or appropriate to carry out its power and duties
            hereunde r ' and

      (1)   to do all acts and things, not specified herein, which it deems
            advisable to carry out the Trust, and generally to exercise any of
            the powers of an owner with respect to ail or any part of the Trust.

3.2 USE OF AGENTS.

      The Trustee may retain an agent or service provider (which may be the
      Sponsor, Automatic Data Processing, Inc. ("ADP"), or an affiliate of ADP
      or the Trustee) to perform any of its recorckeeping, custodial or other
      duties hereunder.

                          ARTICLE 4 - INVESTMENT FUNDS

4.1 ADMINISTRATIVE COMMITTEE'S DESIGNATION.

      (a)   By establishing and maintaining this Trust, the Company has selected
            the Investment Funds which have been made available by the Trustee
            as the investment vehicles to be available to Participants under the
            Company's Plan, subject, however, to the Administrative Committee's
            right to designate Investment Funds pursuant to this Section 4.1
            (a). If the Trustee makes more than three Investment Funds available
            to Plans established using the Sponsor's prototype documents, the
            Administrative Committee will designate from among such Investment
            Funds those which will be available under the Company's Plan. In
            designating Investment Funds, the Administrative Committee will
            comply with any minimum requirements of the Trustee intended to
            insure that a sufficient number and variety is available under the
            Company's Plan to meet the requirements of ERISA Section 404(c). The
            Trustee shall make sufficient Investment Funds available to ensure
            compliance with ERISA Section 404(c).

      (b)   Investment Funds will include common, collective or group trust
            funds (a "group trust") maintained by the Trustee for investment by
            qualified plans. Where a group trust is designated as an Investment
            Fund, the Trustee may combine in the group trust assets of the Trust
            with assets of other pension or profit-sharing or other plans or
            trusts qualified under Code Section 401 (a) and exempt from tax
            under Code Section 501 (a), or with assets of individual retirement
            accounts exempt from tax under Code Section 408(e) or governmental
            units described in Code Section 818(a)(6), and permitted by existing
            or future rulings of the United States Treasury Department to pool
            their respective funds in a group trust. The provisions of the group
            trust shall be deemed a part of this Agreement with respect to any
            such investment.

4.2 PARTICIPANT INVESTMENT CONTROL.

      (a)   Each Participant will have investment control over his Account(s).
            Subject to the administrative rules and procedures of the Trustee,
            each Participant will specify the Investment Fund or Investment
            Funds available under the Company's Plan in which contributions to
            the Plan on his behalf will be invested. Notwithstanding the
            foregoing, the Administrative Committee and the Trustee may agree to
            permit each Participant to transmit his investment instructions
            directly to the Trustee by telephonic instructions pursuant to
            Section 4.3(d). Similarly, subject to the administrative rules of
            the Trustee and ERISA Section 404(c), a Participant may transfer any
            amount in his Account(s) from one Investment Fund to another
            Investment Fund available under the Company's Plan.

      (b)   A Participant will exercise his investment control under the
            proceeding paragraph by delivering written instructions to the
            Administrative Committee. The Administrative Committee will
            consolidate Participants' investment instructions and will send such
            instructions to the Trustee. The Trustee will invest future
            contributions on behalf of a Participant in accordance with such
            instructions, or the Trustee will transfer amounts from one
            Investment Fund to another in accordance with such instructions. Any
            such transfer will be effected in accordance with the Trustee's
            administrative procedures-

      (c)   Each Participant will have full responsibility for the investment
            results of his investment instructions under the preceding two
            paragraphs. It is intended that ERISA Section 404(c) will apply to
            the Company's Plan and that, as provided in such Section 404(c), the
            Trustee, the Sponsor, ADP, the Company, and the Administrative
            Committee will be fully protected in carrying out the Participant's
            investment directions.

4.3 UNCLEAR OR MISSING INSTRUCTIONS; TRANSMISSION OF INSTRUCTIONS.

      (a)   If investment instructions accompanying contributions or otherwise
            regarding investments for a Participant's Account(s) are not
            received or are unclear in opinion of the Trustee, the Trustee may
            hold any part of the assets affected by such missing or unclear
            instructions in cash, or may return contributions, in either case
            without liability for interest, rising or failing securities prices,
            or other income, pending receipt of clear and complete instructions.
            The Trustee will, in the case of missing or unclear instructions,
            seek prompt clarification of unclear instructions or prompt
            furnishing of missing instructions.

      (b)   The Trustee may rely upon written investment instructions from the
            Administrative Committee. Such instructions may also be given to the
            Trustee by facsimile or other electronic transmission which contains
            duplicate or facsimile signatures until the Trustee receives notice
            in writing from the Administrative Committee that the use of
            facsimile or other electronic transmissions is no longer authorized.

      (c)   If the Trustee's procedures permit telephone investment
            instructions, the Trustee may rely upon telephonic investment
            instructions from any individual identified by the Administrative
            Committee as authorized to communicate with the Trustee under this
            Agreement unless the Trustee receives notice in writing that the use
            of telephonic instructions is no longer authorized. Any investment
            instructions given by telephone will be promptly confirmed in
            writing by the Administrative Committee. If the Trustee fails to
            receive a written confirmation of any investment instructions
            transmitted by telephone within five business days following receipt
            of such instructions, or if written confirmation conflicts with such
            instruction, the Trustee will promptly notify the Administrative
            Committee of such fact and request: (i) a delivery of such written
            confirmation; or (ii) additional instructions if there is a conflict
            between the telephonic instructions and the written confirmation.
            The Trustee will have no other responsibility or liability with
            regard to accepting investment instructions by telephone.

      (d)   Notwithstanding the foregoing, if the Trustee and the Administrative
            Committee agree to permit each Participant to transmit his
            investment instructions directly to the Trustee by telephone, each
            Participant shall be assigned a personal identification number. The
            Trustee shall be entitled to rely on any telephone instruction by an
            individual identifying himself as a Participant as long as the
            correct personal identification number is provided by such
            individual. No written confirmation of any such Participant
            investment instruction shall be required. The Trustee will have no
            other responsibility or liability with regard to accepting
            Participant investment instructions by telephone. The Trustee may
            record any telephone instructions given by the Participant and, by
            applying for and obtaining a personal identification number, the
            Participant shall consent to any such recording.

4.4 LIMITATION ON INVESTMENTS.

      (a)   Notwithstanding any provision elsewhere herein to the contrary:

            (i)   no assets of the Trust, excluding assets which have been
                  invested in an Investment Fund, shall be invested in any
                  security issued by the Company or any affiliate of the
                  Company;

            (ii)  each Investment Fund shall limit investment in any security
                  issued by any Company which establishes a plan using the
                  Sponsor's prototype documents or by any affiliate of any such
                  Company to the extent required for the exemption contained in
                  Section 3(a)(2) of the Securities Act of 1933, as amended, to
                  be available with respect to the Plan and the interests
                  therein; and

            (iii) each Investment Fund shall, to the extent required to satisfy
                  the requirements of ERISA Section 404(c), prohibit investment
                  in any security issued by any Company which establishes a Plan
                  using the Sponsor's prototype documents or by any affiliate of
                  any such Company.

      (b)   The Company will promptly advise the Trustee if and/or when the
            Company or any of its affiliates is or becomes the issuer of any
            publicly traded securities.

                       ARTICLE 5 - PROTECTIONS OF TRUSTEE

5.1 RELIANCE BY TRUSTEE.

      (a)   The Trustee may rely upon any decision of the Administrative
            Committee or Company purporting to be made under the Plan, and upon
            any information, statements, certifications, instructions or
            directions submitted by the Company or the Administrative Committee
            (including statements concerning the entitlement of any Participant
            to benefits under the Plan or directions to make payments). The
            Trustee will not be bound to inquire as to the basis of any such
            decision, information, statements, certifications, instructions or
            directions, and will incur no obligation or liability for any action
            taken or omitted in good faith by the Trustee in reliance thereon.

      (b)   Whenever the Trustee is permitted or required to act upon the
            instructions or directions of the Company, the Administrative
            Committee or a Participant, the Trustee will be fully protected in,
            and will not incur any liability for, not acting in the absence
            thereof.

      (c)   The Company will certify to the Trustee the names of the members of
            the Administrative Committee (and of any person authorized to act on
            behalf

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            of the Company or the Administrative Committee for purposes of the
            Plan) and will provide the Trustee with specimen signatures of any
            such person or persons. The Trustee may assume the authority of such
            person or persons continues in effect until the Trustee receives
            written advice from the Company or the Administrative Committee to
            the contrary.

      (d)   The Trustee may consult with legal counsel (who may be counsel to
            the Trustee or to the Company) concerning any questions which may
            arise with respect to its rights and duties hereunder, and the
            opinion of such counsel will be full and complete protection in
            respect of, and the Trustee will not incur any liability for, any
            action taken or omitted hereunder in good faith by the Trustee in
            accordance with the opinion of such counsel.

5.2 ABSENCE OF INSTRUCTIONS.

      If the Trustee receives no instructions from the Administrative Committee
      or the Company in response to communications sent to the Administrative
      Committee or the Company at the last known address of either as shown in
      the records of the Trustee, the Trustee may make such determination with
      respect to distributions and other administrative matters arising under
      the Plan as it considers reasonable and in accordance with the provisions
      of the Plan. Any determinations so made will be binding on all persons
      having or claiming any interest under the Plan or Trust, and the Trustee
      will incur no obligation or responsibility for any such determination made
      or for any action taken by the Trustee in good faith in such
      circumstances.

5.3 INDEMNIFICATION OF TRUSTEE.

      The Company and the Administrative Committee and their respective
      successors, assigns or legal representatives, will fully indemnify and
      save harmless the Trustee and its employees, agents, successors and
      assigns, from any loss (including reasonable attorneys' fees), liability
      or responsibility arising out of the Trustee's actions or inactions
      hereunder, unless such loss or liability arises out of the Trustee's
      negligence, breach of its fiduciary duty, bad faith, or willful or gross
      misconduct.

5.4 ALLOCATION OF RESPONSIBILITY.

      The Trustee shall be responsible only for those functions which have been
      assigned to it under the separate Plan document or under this Agreement.
      Notwithstanding any provision elsewhere herein to the contrary, ~a) if and
      to the extent that any non -discretionary administrative functions are
      allocated to the Sponsor or ADP (or an affiliate of ADP) pursuant to a
      written agreement to which the Company is a party then, except to the
      extent otherwise provided in such agreement, the Trustee shall have no
      responsibility for the performance of such functions and shall incur no
      liability or obligations with respect thereto, (b) the Trustee shall be
      entitled to rely upon information or instructions provided to it by the
      Sponsor or ADP (or an affiliate of ADP) to the same extent as if such
      information or instructions had been provided by the Administrative
      Committee or the Participant, and (c) the Trustee shall have no
      responsibility for information which may be in the possession of the
      Sponsor or ADP (or any affiliate of ADP) until such information has been
      received by the Trustee.

                          ARTICLE 6 - FEES AND EXPENSES

6.1 FEES AND EXPENSES.

      (a)   The Trustee's fees for performing its duties hereunder will be such
            amounts as it establishes from time to time in its fee schedule
            (provided that the Trustee may provide for different fees in a
            written fee agreement with the Company). The Trustee may change its
            fee schedule (or fee agreement) upon 60 days' advance written notice
            to the Company. Such fees will be payable for each calendar month
            and will not be prorated for periods of less than one calendar
            month.

      (b)   The Trustee may charge a reasonable fee in addition to its normal
            fees if it assumes any of the Administrative Committee's obligations
            under the Plan, or if it provides any service not contemplated in
            the fee schedule and which the Trustee deems to be necessary or
            desirable or which the Administrative Committee or the Company
            requests.

      (c)   ADP's annual maintenance fee shall be paid monthly in arrears, in
            twelve installments, based on the value of all Plan assets as of the
            last day of each month. Such charges shall be paid promptly after
            the end of each month from the assets of the Trust. The Trustee is
            hereby authorized to liquidate assets in the Trust in order to
            provide for payment of such charges to ADP.

      (d)   The Company may authorize that all or any portion of the Company's
            other fees and expenses of administering the Plan be paid from Trust
            assets, and the Trustee will pay such fees and expenses as soon as
            practicable (but no later than ten (10) days) after receiving notice
            from the Company. The Company hereby authorizes that any and all
            fees due to ADP under its Administrative Services Agreement with the
            Company be paid, at ADP's request, from Trust assets if such fees
            are not paid by the Company within 30 days of the date they are due
            to be paid to ADP. The Trustee shall be fully protected in, and
            shall not incur any liability for, any payment to ADP pursuant to
            the preceding sentences.

      (e)   The Trustee's fee, any taxes of any kind which may be levied or
            assessed upon or in respect of the Trust, and any and all expenses
            reasonably incurred by the Trustee will, unless paid by the Company
            at its option, be paid from the Trust. In order to provide for
            payment of any such fee, taxes or expense, or the payment of any
            other fee or expense of administering the Plan authorized by the
            Company, the Trustee in its discretion may partially or fully
            liquidate any asset in the Trust without liability for any loss
            occasioned thereby~ in any such case, the Trustee will to the extent
            reasonably practicable allocate expenses (and consequent liquidation
            of assets) to the account(s) that gave rise to the fee, tax or
            expense. Any expenses of the Trustee which are not paid from the
            Trust for whatever reason will be the responsibility of the Company.

6.2 ERISA BOND.

      The Trustee, and any other person who handles Plan assets, will be bonded
      but only to the extent (if at all) required under ERISA, and no other bond
      or security will be required for the faithful performance of their duties
      hereunder.

                        ARTICLE 7 - ACCOUNTS AND REPORTS

7.1 ACCOUNTS AND REPORTS.

      (a)   The Trustee will keep full accounts of all its receipts,
            disbursements and other transactions hereunder, and will determine
            the fair market value of the assets of the Trust as of each
            Valuation Date provided for under the Plan (and as of the last
            business day of the Plan Year if not otherwise a Valuation Date).
            The fiscal year of the Trust will coincide with the Plan Year.
            Within a reasonable time after the end of the Plan Year, or within a
            reasonable time after its removal or resignation or the termination
            of the Trust, the Trustee will render to the Administrative
            Committee a consolidated account of all transactions and other
            actions taken in connection with its administration of the Trust
            since the previous such accounting.

      (b)   No person other than the Administrative Committee will have the
            right to demand or receive any report or account from the Trustee.
            The written approval of any account by the Administrative Committee
            will be final and binding upon the Administrative Committee, the
            Company, the Participants and all persons who then are or thereafter
            become interested in the Trust as to all matters and transactions
            stated or shown therein. The failure of the Administrative Committee
            to notffy the Trustee within 60 days after the Trustee's sending of
            any account of its objections (if any) to the account will be the
            equivalent of written approval. If the Administrative Committee
            files any objections within such 60 day period with respect to any
            matters or transactions stated or shown in the account and the
            Administrative Committee and the Trustee cannot resolve such
            objections, the Trustee will have the right to have such objections
            settled by judicial proceedings. Nothing herein will deprive the
            Trustee of the right to have a judicial settlement of its accounts.
            In any proceeding for a judicial settlement of any account or for
            instructions, the only necessary parties will be the Trustee and the
            Administrative Committee (or, in the absence of an Administrative
            Committee, the Company). In order to save the Trust from the expense
            that might otherwise be incurred, it is a condition to the
            acquisition of any interest in the Trust that no person other than
            the Administrative Committee may institute or maintain any action or
            proceeding against the Trustee (i) without first requesting the
            Administrative Committee to resolve the question with the Trustee
            and (ii) until after the Administrative Committee has had a
            resonable opportunity to resolve such question or has declined to
            pursue such question with the Trustee.

    ARTICLE 8 - RESIGNATION OR REMOVAL OF TRUSTEE; TRANSFERS TO OTHER TRUSTS

8.1 RESIGNATION OR REMOVAL OF TRUSTEE.

      (a)   The Trustee may resign at any time by giving 60 days' written notice
            to the Company, ADP and the Sponsor. The Company may remove the
            Trustee at any time by giving 60 days' written notice to the
            Trustee, ADP, and the Sponsor. In either case, the notice period may
            be reduced to such shorter period as the Trustee, ADP, the Sponsor
            and the Company agree upon. The Trustee's removal or resignation
            will be effective upon the last day of the notice period or, if
            later, the acceptance of the Trust by the successor Trustee. Until
            the effective date of the appointment of a successor Trustee (or the
            termination of the Trust and complete distribution of its assets),
            the incumbent Trustee will have full authority and responsibility to
            act as Trustee hereunder.

      (b)   When the Trustee's resignation or removal becomes effective, the
            Trustee will perform all acts necessary to transfer the assets of
            the Trust and

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            copies of the records of the Trust (and any other records being
            maintained by the Trustee) to its successor. However, the Trustee
            may reserve such portion to the Trust assets as it may reasonably
            determine to be necessary for payment of its fees and any taxes and
            expenses (including any fees and expenses of any person or entity
            authorized by the Company to be paid from Trust assets), any balance
            of such reserve remaining after payment of such fees, taxes and
            expenses will be paid over to its successor.

      (c)   The resignation or removal of the Trustee will not terminate the
            Trust. In the event of any vacancy in the position of Trustee,
            whether by the resignation or removal of the Trustee, the Company
            will appoint a successor Trustee and such appointment will become
            effective upon the acceptance of its office by the successor
            Trustee. If the Company does not appoint such a successor within 60
            days after notice of resignation or removal is given, the Trustee
            may appoint such a successor or apply to a court of competent
            jurisdiction for such appointment. Each successor Trustee so
            appointed and accepting the office of Trustee hereunder will have
            all of the rights and powers and all of the duties and obligations
            of the original Trustee under this Agreement.

      (d)   In the event that either (i) the Company removes the incumbent
            Trustee without the Sponsor's written consent, or (ii) following the
            resignation or removal of the incumbent Trustee appoints any
            successor Trustee without the Sponsor's written consent, the Company
            may no longer participate in the prototype Plan and Trust.

      (e)   No Trustee will be liable or responsible for anything done or
            omitted in the administration of the Trust before it became Trustee
            or after it ceases to be Trustee.

8.2 TRANSFERS TO OTHER TRUSTS.

      (a)   The Company may direct that all or a portion of the assets of the
            Trust established hereunder be transferred from the Trustee to the
            trustee of another trust established under the Plan at any time by
            giving 60 days' written notice to the Trustee, ADP, and the Sponsor.
            The notice period may be reduced to such shorter period as the
            Trustee, ADP, the Sponsor and the Company agree upon. The transfer
            will be effective upon the last day of the notice period or, if
            later, the acceptance of the assets being transferred by such other
            trustee. Until the effective date of the transfer of any such
            assets, the Trustee will continue to have full authority and
            responsibility to act as Trustee hereunder with respect to such
            assets.

      (b)   When the transfer becomes effective, the Trustee will perform all
            acts necessary to transfer the assets to be transferred from the
            Trust and copies of the records of the Trust (and any other records
            being maintained by the Trustee) to the other trustee.

      (c)   In the event the Company directs that any assets of the Trust be
            transferred to the trustee of any other trust without the Sponsor's
            written consent, the Company may no longer participate in the
            prototype Plan and Trust.

      (d)   The Trustee will not be liable or responsible for any assets which
            have been transferred to any other trust pursuant to this Section
            8.2 or for any actions or omissions taken with respect to such
            assets after such transfer.

                      ARTICLE 9 - AMENDMENT AND TERMINATION

9.1 AMENDMENT AND TERMINATION.

      The Trustee may at any time and from time to time amend any or all
      provisions of this Agreement. A copy of any such amendment will be
      delivered to the Sponsor and the Company at least 60 days before the
      effective date of such amendment (or such shorter notice period as the
      Trustee, the Sponsor and the Company agree to), provided that, to the
      extent necessary to retain the Plan's tax qualification, any amendment may
      take effect retroactively. The Company will have the right to terminate
      this Trust and will deliver a notice of termination specifying the
      effective date thereof to the Trustee. No amendment or termination will
      cause this Agreement to be inconsistent with the provisions of the Plan or
      ERISA.

9.2 EFFECT OF TERMINATION.

      In the event of termination of this Agreement, the Trustee will continue
      to hold the Trust assets for application and disbursement in accordance
      with the applicable terms of the Plan. The Trust created hereunder will
      terminate upon the distribution or application of all the assets of the
      Trust.

                      ARTICLE 10 - MISCELLANEOUS PROVISIONS

10.1 RELATIONSHIP TO PLAN DOCUMENT.

      Certain provisions affecting the Trustee appear in the separate basic Plan
      document and are not repeated in this Agreement. As indicated in the
      preamble to this Agreement, unless the context clearly indicates
      otherwise, any term defined in the Plan document will have the same
      meaning when used in this Agreement. If and to the extent that any
      provisions of this Agreement are inconsistent with any provision of the
      Plan document affecting the rights or benefits of Participants, the Plan
      document will control.

10.2 EXCLUSIVE BENEFIT.

      In directing the Trustee hereunder, the Administrative Committee and the
      Company will follow the provisions of the Plan and will not give any
      direction at any time, either during the existence or upon the
      discontinuance of the Plan, that would cause any assets of the Trust to be
      used for or diverted to purposes other than the exclusive benefit of
      Participants or their Beneficiaries in accordance with the Plan; provided
      that assets may be used to pay fees and expenses incurred in the
      administration of the Plan and the Trust or may be returned to the Company
      as specifically provided in the Plan.

10.3 MERGER OR CONSOLIDATION.

      Any corporation into which the Trustee merges or with which it is
      consolidated or any corporation resulting from any merger or consolidation
      to which the Trustee is a party, will be the Trustee hereunder without the
      execution or filing of any additional instrument or the performance of any
      further act.

10.4 INQUIRIES NOT REQUIRED.

      No person dealing with the Trustee will be bound to see to the application
      of any money or property paid or delivered to the Trustee or inquire into
      the authority of the Trustee to enter into any transactions hereunder.

10.5 GOVERNING LAW.

      To the extent that state law applies, the provisions of the Trust will be
      construed, enforced and administered according to the laws of the
      Commonwealth of Massachusetts without regard to its conflict of law
      provisions.

10.6 THE SPONSOR AND ADP.

      The Company and the Trustee acknowledge that neither the Sponsor nor ADP
      (nor any affiliate of ADP) has (a) any discretionary authority or
      discretionary control respecting management of the Plan or management or
      disposition of Plan assets, (b) authority or responsibility to render
      investment advice for a fee or other compensation, direct or indirect,
      with respect to any moneys or other property of the Plan, or (c)
      discretionary authority or discretionary responsibility in the
      administation of the Plan.

<TABLE>
<CAPTION>
                   TRUSTEE                                  COMPANY
<S>                                             <C>
Approved by: /s/ Francis M. Vitagliano, AVP     Approved by: /s/ Dan E. Marcmann
Name:   Francis M. Vitagliano                   Name:  Dan E. Marcman

                (type or p-1)

Title:      AVP        Date: 4-1-92             Title: Vice President/ Treasurer     Date: 2-24-92
</TABLE>

THIS AGREEMENT SHALL BECOME EFFECTIVE UPON BEING SIGNED BY AN AUTHORIZED
REPRESENTATIVE OF THE TRUSTEE

(7/90)

                                       5
<PAGE>   6

                             FIRST AMENDMENT TO THE
                   AUTOMATIC DATA PROCESSING PROTOTYPE 401 (k)
                                 TRUST AGREEMENT

      This First Amendment, effective as of May 1, 1999, amends the Automatic
Data Processing Prototype 401 (k) Trust Agreement by and between SKYLANDS
COMMUNITY BANK (the "Company") and STATE STREET BANK AND TRUST COMPANY, as
trustee (the "Trustee").

                                   WITNESSETH:

      WHEREAS, the Company has previously entered into a trust agreement (the
"Trust") with the Trustee;

      WHEREAS, the Company desires to provide daily valuation under their plan
established by the Company using the ADP Prototype 401(k) Plan (the "Plan");

      WHEREAS, the Trustee desires, and the Company agrees, to amend the Trust
to accommodate daily valuation and provide changes and updates to certain Trust
provisions,

      NOW THEREFORE, pursuant to Article 9, Section 9. 1, the Trustee hereby
amends the Trust as follows:

I.    Section 2. 1 (a) is deleted in its entirety and Section 2.1 (b) is
      relabeled 2.1 (a) and Section 2. 1 (c) is relabeled 2.1(b).

2.    Section 2.4 shall be amended to include as the last sentence to the
      paragraph, "In addition, the Trustee shall have no responsibility for
      ensuring that funds are made available timely in order to effectuate a
      subsequent purchase made as a result of a transfer from one Investment
      Fund under the plan to another such Investment Fund."

3.    Article 4 - Investment Funds, shall be revised to reflect the following:

      4.1   Investments.

      (a)   By establishing and maintaining this Trust, the Company has selected
            the Investment Funds as the investment vehicles to be available to
            Participants under the Company's Plan. Investment Funds will
            include, but not be limited to, common, collective or group trust
            funds (a "group trust") maintained by the Trustee for investment by
            qualified plans and registered investment companies; provided, that
            any such fund shall be managed by an ERISA 3(38) investment manager
            unless such fund is either maintained by the Trustee or is a
            registered investment company. Where a group trust is designated as
            an Investment Fund, the Trustee may combine in the group trust
            assets of the Trust with assets of other pension or profit-sharing
            or other plans or trusts qualified under Code Section 401(a) and
            exempt from tax under Code Section 501(a), or with assets of
            individual retirement accounts exempt from tax under Code Section
            408(e) or governmental units described in Code Section 818(a)(6),
            and permitted by existing or future rulings of the United States
            Treasury Department to pool their respective funds in

                                       6
<PAGE>   7

            a group trust. The provisions of the group trust shall be deemed a
            part of this Agreement with respect to any such investment.

            (b)   With respect to the assets under the control of an Investment
                  Manager (a bank with respect to its own common collective or
                  group trust fund) (including without limitation the Trustee),
                  and assets invested in registered investment companies,
                  whether open-end or closed-end, the Company through ADP will
                  direct the Trustee to invest the assets of the Company's Plan
                  as directed by the Participant in accordance with the relevant
                  provisions of the Plan document and related adoption
                  agreement, and this Agreement (including particularly Sections
                  4.2 hereof). In investing the assets of a Participant's
                  Account(s), including those assets for which the Trustee has
                  no investment responsibility, the Trustee will follow the
                  investment directions of the Participant as such directions
                  are communicated to the Trustee by ADP. The company intends
                  that the Plan will comply with Section 404(c) of the Employee
                  Retirement Income Security Act of 1974, as amended
                  (hereinafter referred to as "ERISA").

The following Section 4.5 shall be added to Article 4:

            4.5   Management of Assets of Fund

            (a)   The Company, being a named fiduciary with respect to control
                  and management of the assets of the Plan, by action of its
                  Board of Directors, by adoption of the Plan, has appointed
                  Investment Managers to manage (including the power to acquire
                  and dispose of) the assets of the Plan and has also authorized
                  investment in registered investment companies, whether
                  open-end or closed-end. Any Investment Manager so appointed
                  must be a bank, as defined in the Investment Advisers Act of
                  1940, and must acknowledge in writing to the Company and to
                  the Trustee that he is a fiduciary with respect to the Plan.
                  The Trustee until notified in writing to the contrary shall be
                  fully protected in relying upon any written notice of the
                  appointment of an Investment Manager furnished to it by the
                  Company.

            (b)   (i) The Investment Manager appointed pursuant to paragraph (a)
                  above shall have exclusive authority and discretion to manage
                  and control the assets of the Trust and, pursuant to such
                  authority and discretion, may direct the Trustee from time to
                  time and at any time:

                  (A)   To invest and reinvest the Trust, without distinction
                        between principal and income, in shares of stock
                        (whether common or preferred) or other evidences of
                        ownership, bonds, debentures, notes or other evidences
                        of indebtedness, unsecured or secured by mortgages on
                        real or personal property wherever situated (including
                        any part interest in a bond and mortgage or note and
                        mortgage whether insured or uninsured), and other
                        property, or part interest in property, real or
                        personal, foreign or domestic, whether or not productive
                        of income or consisting of wasting assets;

                  (B)   To invest and reinvest the Trust in a common,
                        collective, or group trust administered by a bank other
                        than the Trustee, the provisions of which trust

                                       7
<PAGE>   8

                        shall be deemed a part of this Agreement but only with
                        respect to any such investment;

                  (C)   To sell, convey, redeem, exchange, grant options for the
                        purchase or exchange of, or otherwise dispose of, any
                        real or personal property held in the Trust, at public
                        or private sale, for cash or upon credit, with or
                        without security, without obligation on the part of any
                        person dealing with the Trustee to see to the
                        application of the proceeds of or to inquire into the
                        validity, expediency or propriety of any such
                        disposition;

                  (D)   To manage, operate, repair and improve, and mortgage or
                        lease for any length of time any real property held in
                        the Trust; to renew or extend any mortgage, upon any
                        terms the Investment Manager may deem expedient; to
                        agree to reduction of the rate of interest or any other
                        modification in the terms of any mortgage or of any
                        guarantee pertaining to it; to enforce any covenant or
                        condition of any mortgage or guarantee or to waive any
                        default in the performance thereof; to exercise and
                        enforce any right of foreclosure; to bid in property on
                        foreclosure; to take a deed in lieu of foreclosure with
                        or without paying consideration therefor and in
                        connection therewith to release the obligation on the
                        bond secured by the mortgage; and to exercise and
                        enforce in any action, suit or proceeding at law or in
                        equity any rights or remedies in respect of any mortgage
                        or guarantee;

                  (E)   To exercise, personally or by general or limited proxy,
                        the right to vote any shares of stock, bonds or other
                        securities held in the Trust; to delegate discretionary
                        voting power to trustees of a voting trust for any
                        period of time; and to exercise, personally or by power
                        of attorney, any other right appurtenant to any
                        securities or other property of the Trust;

                  (F)   To join in or oppose any reorganization,
                        recapitalization, consolidation, merger or liquidation,
                        or any plan therefor, or any lease, mortgage or sale of
                        the property of any organization the securities of which
                        are held in the Trust; to pay from the Trust any
                        assessments, charges or compensation specified in any
                        plan of reorganization, recapitalization, consolidation,
                        merger or liquidation; to deposit any property with any
                        committee or depositary; and to retain any property
                        allotted to the Trust in any reorganization,
                        recapitalization, consolidation, merger or liquidation;

                  (G)   To exercise or sell any conversion or subscription or
                        other rights appurtenant to any stock, security or other
                        property held in the Trust;

                  (H)   To borrow from any lender (other than the Trustee in its
                        individual capacity or any other party in interest with
                        respect to the Plan) money, in any amount and upon any
                        reasonable terms and conditions, for purposes of this
                        Agreement, and to pledge or mortgage any property held
                        in the Trust to secure the repayment of any such loan;
                        and

                                       8
<PAGE>   9

                  (1)   To compromise, settle or arbitrate any claim, debt or
                        obligation of or against the Trust; to enforce or
                        abstain from enforcing any right, claim, debt or
                        obligation; and to abandon any property determined by
                        the Investment Manager to be worthless.

(c)   The Trustee shall exercise the powers set forth in paragraph (b)(i) above
      only when and to the extent directed in writing by the Investment Manager.
      The Investment Manager, from time to time and at any time, may issue
      orders for the purchase or sale of securities directly to a broker or
      dealer, and for such purpose, the Trustee will upon request execute and
      deliver to the Investment Manager one or more trading authorizations.
      Written notification of the issuance of each such order shall be given
      promptly to the Trustee by the Investment Manager, and the execution of
      each such order shall be confirmed by the broker to the Investment Manager
      and to the Trustee. Such notification shall be authority to the Trustee to
      receive securities purchased against payment therefor and to deliver
      securities sold against receipt of the proceeds therefrom, as the case may
      be.

(d)   Unless the Trustee knowingly participates in, or knowingly undertakes to
      conceal, an act or omission of the Investment Manager, knowing such act or
      omission to be a breach of the fiduciary responsibility of the Investment
      Manager with respect to the Plan, the Trustee shall not be liable for any
      act or omission of the Investment Manager and shall not be under any
      obligation to invest or otherwise manage the assets of the Plan that are
      subject to the management of the Investment Manager. Without limiting the
      generality of the foregoing, the Trustee shall not be liable by reason of
      its taking or refraining from taking at the direction of the Investment
      Manager any action pursuant to this Article, or pursuant to a notification
      of an order to purchase or sell securities issued by the Investment
      Manager, nor shall the Trustee be liable by reason of its refraining from
      taking any action because of the failure of the Investment Manager to give
      such direction or order; the Trustee shall be under no duty to question or
      to make inquiries as to any direction or order or failure to give
      direction or order by the Investment Manager; and the Trustee shall be
      under no duty to make any review of investments acquired for the Trust at
      the direction or order of the Investment Manager and shall be under no
      duty at any time to make any recommendation with respect to disposing of
      or continuing to retain any such investment.

(e)   Without limiting the generality of the provisions of Article 5.3 hereof,
      the Company agrees, to the extent pen-nitted by law, to indemnify the
      Trustee and hold it harmless from and against any claim or liability that
      may be asserted against it, otherwise than on account of the Trustee's own
      negligence or willful misconduct, by reason of the Trustee's taking or
      refraining from taking any action when acting in good faith in accordance
      with this Article, including, without limiting the generality of the fore
      going, any claim or liability that may be asserted against the Trustee on
      account of failure to receive securities purchased, or failure to deliver
      securities sold, pursuant to orders issued by the Investment Manager
      directly to a broker or dealer or for any loss, expense or claim asserted
      against the Trustee as a result of following Participant directions or
      directions of the Administrative Committee or the Company.

                                       9
<PAGE>   10

(f)   To the extent a Participant has directed that his or her account shall be
      invested in a registered investment company, the Trustee shall have no
      investment responsibilities with respect thereto.

4.    Article 7 - Accounts and Reports, shall be amended as follows:

      7.1   Accounts and Reports

(a)   The Trustee through its agent ADP, will keep full accounts of all its
      receipts, disbursements and other transactions hereunder, and will
      determine the fair market value of the assets of the Trust as of each
      Valuation Date provided for under the Plan (and as of the last business
      day of the Plan Year if not otherwise a Valuation date). The fiscal year
      of the Trust will coincide with the Plan Year. Within a reasonable time
      after the end of the Plan Year, or within a reasonable time after its
      removal or resignation or the termination of the Trust, the Trustee,
      through its agent ADP, will render to the Administrative Committee a
      consolidated account of all transactions and other actions taken in
      connection with its administration of the Trust since the previous such
      accounting. The Trustee shall maintain record ownership of, and through
      its agent ADP, account separately for, its collective investment funds,
      and any registered investment companies or other Investment Funds of the
      Trust.

(b)   No person other than the Administrative Committee will have the right to
      demand or receive any report or account from the Trustee. The written
      approval of any account by the Administrative Committee will be final and
      binding upon the Administrative Committee, the Company, the Participants
      and all persons who then are or thereafter become interested in the Trust
      as to all matters and transactions stated or shown therein. The failure of
      the Administrative Committee to notify the Trustee within 60 days after
      the Trustee's sending of any account of its objections (if any) to the
      account will be the equivalent of written approval. If the Administrative
      Committee files any objections within such 60 day period with respect to
      any matters or transactions stated or shown in the account and the
      Administrative Committee and the Trustee cannot resolve such objections,
      the Trustee will have the right to have such objections settled by
      judicial proceedings. Nothing herein will deprive the Trustee of the right
      to have a judicial settlement of its accounts. In any proceeding for a
      judicial settlement of any account or for instructions, the only necessary
      parties will be the Trustee and the Administrative Committee (or, in the
      absence of an Administrative Committee, the Company). In order to save the
      Trust from the expense that might otherwise be incurred, it is a condition
      to the acquisition of any interest in the Trust that no person other than
      the Administrative Committee may institute or maintain any action or
      proceeding against the Trustee (i) without first requesting the
      Administrative Committee to resolve the question with the Trustee and (ii)
      until after the Administrative Committee has had a reasonable opportunity
      to resolve such question or has declined to pursue such question with the
      Trustee.

All other provisions of the Trust shall remain in full force and effect.

                                       10<PAGE>   1

10(k) Description of Matched Savings Plan.

      The Matched Savings Plan allows each employee to have up to 1% of their
      after tax salary deducted each pay period. The employee's deduction is
      matched by the Bank. The employee portion and the Bank's matching
      contribution are paid to the employee in December of each year. The amount
      contributed by the Bank is taxed as W-2 income.

                                       1

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