Document:

Exhibit 10.12

                                   NTELOS Inc.
                           DEFERRED COMPENSATION PLAN

WHEREAS,  NTELOS Inc. (the  "Company")  wishes to adopt a deferred  compensation
plan for the benefit of certain key employees; and

WHEREAS,  the Board of Directors of the Company has  authorized  the adoption of
the NTELOS Inc. Deferred Compensation Plan (the "Plan"), effective as of January
1, 1999; and

WHEREAS,  it  is  intended  that  the  Plan  qualify  as an  unfunded,  deferred
compensation  plan  for a select  group  of  management  or  highly  compensated
employees under the Employee  Retirement Income Security Act of 1974, as amended
("ERISA");

NOW, THEREFORE, the Plan is hereby adopted as follows:

Section 1.  Purpose of Plan

The purpose of the Plan is to permit  certain key  employees of NTELOS Inc. (the
"Company") to elect to defer  receipt of a portion of their annual  compensation
in supplement to their pre-tax contributions made to the NTELOS Inc. Savings and
Security Plan (the "401(k) Plan").

The Plan is intended to qualify as an unfunded, deferred compensation plan for a
select group of management or highly compensated employees under ERISA.

The obligation of the Company to make payments under the Plan constitutes solely
an  unsecured  (but  legally  enforceable)  promise of the  Company to make such
payments,  and no person,  including  any employee,  shall have any lien,  prior
claim or other  security  interest in any property of the Company as a result of
this Plan. Rather, any employee  participating in the Plan shall have the status
of a general  unsecured  creditor of the  Company.  It is the  intention  of the
parties hereunder that the Plan be unfunded for tax purposes and for purposes of
Title I of ERISA.  The Company  shall be the sole owner and  beneficiary  of any
account  provided for  hereinbelow and any property used to measure such account
shall remain the sole and exclusive property of the Company.

Section 2.  Eligible Employees

Only  employees  of the Company who are  designated  by the  Company's  board of
directors  as  members of a select  group of  management  or highly  compensated
employees,  as that term is defined under ERISA,  and further  enumerated  under
Schedule A, shall be eligible to participate in the Plan.

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<PAGE>
Section 3.  Participation

Any eligible employee who elects to defer any portion of his or her compensation
in accordance with the provisions of Section 5 shall become a  "Participant"  in
the Plan as of the date such deferrals commence. A Participant shall continue to
be a  Participant  until he no longer has any  amount  credited  to the  account
established for him in accordance with Section 4.

Section 4.  Accounts/Vesting

The Company  shall  establish  and  maintain  on its books with  respect to each
Participant  a  separate  unfunded  account  which  shall  record  (a) any  base
compensation  deferred  by  the  Participant  under  the  Plan  pursuant  to the
Participant's  election,  (b) any bonus compensation deferred by the Participant
under the Plan pursuant to the Participant's  election, (c) any Company matching
contributions made on behalf of the Participant pursuant to Section 9 below, and
(d) the allocation of investment experience.

Subject to the claims of creditors of the Company,  a  Participant  shall at all
times have a nonforfeitable (vested) right to his account under the Plan.

Section 5.  Election to Defer Compensation

Any eligible  employee may elect to defer a specified  percentage  of his or her
"Base Compensation" for a Plan Year (Plan Year is herein defined as January 1 to
December 31). Any eligible  employee may also elect to defer all or a portion of
his or her  "Bonus" for a Plan Year.  Any  election so made shall be binding for
the next  following  Plan  Year,  and must be  renewed  or  revised on or before
December 15 for the next succeeding Plan Year.

The percentage of Base Compensation  deferred  hereunder shall first be credited
to the 401(k) Plan until the amount of Base Compensation  allowed as an employee
deferral  under the 401(k) Plan as a result of the  Internal  Revenue  Code (the
"Code") imposed  limitations for the year, or as a result of limitations imposed
under the  401(k)  Plan for such  year,  have been met.  Thereafter  the  amount
deferred shall be credited to this Plan. Notwithstanding the foregoing, however,
in the event an eligible  employee is not yet  eligible  to  participate  in the
401(k) Plan, the employee's  deferral  election  hereunder shall apply solely to
the Plan.  Upon  becoming  eligible  to  participate  in the  401(k)  Plan,  the
employee's  deferral  election  shall  apply  to  the  401(k)  Plan  until  said
limitations under the 401(k) Plan are met.

Any such "Bonus" compensation deferral election shall apply solely to this Plan.

                                       2
<PAGE>

Section 6.  Base Compensation

Base  Compensation  shall mean the  compensation  paid to a  Participant  by the
Company for the calendar year, as reflected in the  Participant's  Form W-2, but
exclusive  of any  noncash  compensation,  stock  options  and any  compensation
received  prior to becoming a Participant in the Plan.  Compensation  shall also
include any amounts deferred under a salary reduction  agreement pursuant to the
401(k) Plan or under a  "cafeteria  plan"  (within the meaning of Section 125 of
the Code) maintained by the Company.

Section 7.  Bonus Compensation

Bonus  Compensation  shall mean any bonus paid to a  Participant  by the Company
during the Plan Year.

Section 8.  Manner of Election

Any  election  made by a  Participant  pursuant  to this  Plan  shall be made in
writing  by  executing  such  form(s)  as the  Company  shall  from time to time
prescribe.

Section 9.  Employer Matching Contributions

The  Company  may  elect to match a  percentage  of the  amount  contributed  by
Participants  pursuant to the  provisions of Section 5 for each payroll  period.
However,  the rate of the matching  contribution,  and the  Participants to whom
such matching contribution will be made for the year, shall be determined by the
Company at the beginning of each year.

Section 10.  Investment of Accounts

Each Participant's  account shall be credited with gains and charged with losses
based on the  investment  performance  of the mutual  fund or funds from time to
time  designated  by the Company.  Such funds shall be  identified on Schedule B
attached hereto. In this regard, the Company may (but is not required to) direct
that the investment measure for a Participant's account hereunder coincide with,
to the extent practicable, the investment of the Participant's account under the
401(k) Plan.

The fair  market  value of each  Participant's  account  under the Plan shall be
established  as of the close of each business day, using the closing share price
of the mutual fund or funds used as the investment measure for the Participant's
account.

                                       3
<PAGE>

Section 11.  Time and Manner of Distribution

Distribution  of amounts  credited to a  Participant's  account shall be made or
commence to the Participant (or, in the event of the Participant's death, to his
beneficiary) as soon as administratively  possible following the earliest of (1)
the Participant's termination of employment with the Company and any "affiliate"
thereof (within the meaning of Sections  414(b),  (c) and (m) of the Code),  (2)
the  Participant's  death  or (3),  if  applicable,  the date  specified  by the
Participant on the election form used to elect to defer compensation.

For  distributions  made in  accordance  with this  Section,  a single  lump-sum
payment shall be the sole mode of distribution.

Section 12.  Change in Control

Notwithstanding  the  foregoing,  as soon as  possible  following  a "Change  of
Control"  of the  Company,  each  Participant  shall be paid the  entire  amount
credited to his or her account in a single lump sum payment.

For purposes of this Section 12, "Change of Control" means (a) the  acquisition,
after the  effective  date of this Plan, by any one or more persons or entities,
of the power to control the conduct of the Company's  corporate affairs,  either
by means of the holding of shares of Company  stock,  the  possession  of voting
power,  or powers  conferred by the Company's  articles of  organization  or any
other document  regulating the Company,  or (b) the sale of substantially all of
the Company's assets.

Section 13.  Beneficiary Designation

A  Participant  may  designate  the person or persons to whom the  Participant's
account under the Plan shall be paid in the event of the Participant's death. If
no  beneficiary  is  designated,  or  no  designated  beneficiary  survives  the
Participant,  payment shall be made to the Participant's surviving spouse or, if
none,  to his or her issue per  stirpes,  in a single  lump-sum  payment.  If no
spouse or issue  survives  the  Participant,  payment  shall be made in a single
lump-sum to the Participant's estate.

                                       4
<PAGE>

Section 14.  Distribution in the event of Unforeseeable Emergency

In the event of an  "unforeseeable  emergency",  a Participant  may, by filing a
written  election with the Plan  Administrator,  elect to receive a distribution
from the Plan in an amount not to exceed the lesser of (i) the fair market value
of the Participant's  account determined as of the most recent valuation or (ii)
the amount  necessary  to satisfy  the  unforeseeable  emergency.  For  purposes
hereof, an "unforeseeable  emergency" shall mean a severe financial  hardship to
the  Participant  resulting from a sudden and unexpected  illness or accident of
the  Participant or of a dependent (as defined in Section 152(a) of the Code) of
the Participant,  loss of the Participant's  property due to casualty,  or other
similar  extraordinary  and unforeseeable  circumstances  arising as a result of
events  beyond the  control of the  Participant.  The  circumstances  that shall
constitute an unforeseeable  emergency shall depend upon the facts of each case,
but, in any case,  payment may not be made to the extent that such  emergency is
or may be relieved:

      (i)   through reimbursement or compensation by insurance or otherwise;

      (ii)  by  liquidation  of the  Participant's  assets,  to the  extent  the
            liquidation  of such assets would not itself cause severe  financial
            hardship; or

      (iii) by cessation of deferrals under the Plan.

Section 15.  Plan Administrator

The Company shall be the Plan  Administrator,  unless the Company,  by action of
its board of directors,  shall  designate a person or committee of persons to be
the Plan  Administrator.  The  administration  of the Plan, as provided  herein,
including a determination  of the payment of benefits to Participants  and their
beneficiaries,  shall be the  responsibility of the Plan  Administrator.  In the
event more than one party shall act as Plan Administrator,  all actions shall be
made by majority decisions.

Section 16.  Amendment

The Company,  by resolution  of its board of directors,  shall have the right to
amend, suspend or terminate the Plan at any time.

Section 17.  No Liability

No member of the board of directors of the Company and no officer or employee of
the  Company  shall be liable to any person  for any action  taken or omitted in
connection with the  administration  of the Plan unless  attributable to his own
fraud or willful  misconduct;  nor shall the Company be liable to any person for
any such action unless  attributable to fraud or willful  misconduct on the part
of a director, officer or employee of the Company.

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<PAGE>

Section 18.  No Assignment

A Participant's right to the amount credited to his account under the Plan shall
not be  subject  in any  manner to  anticipation,  alienation,  sale,  transfer,
assignment,  pledge, encumbrance,  attachment or garnishment by creditors of the
Participant or the Participant's beneficiary.

Section 19.  Successors and Assigns

The  provisions  of this Plan shall be binding  upon and inure to the benefit of
the  Company,  its  successors  and  assigns,   and  the  Participant,   his/her
beneficiaries, heirs, legal representatives and assigns.

Section 20.  No Contract of Employment

Nothing contained herein shall be construed as a contract of employment  between
a Participant  and the Company,  or as a right of the Participant to continue in
employment  with the Company,  or as a limitation of the right of the Company to
discharge the Participant at any time, with or without cause.

Section 21.  Governing Law

This Plan shall be subject to and construed in accordance with the provisions of
ERISA,  where  applicable,  and  otherwise  by the laws of the  Commonwealth  of
Virginia.

          -----------------------------------------------------------

IN WITNESS WHEREOF, the Company, by its duly authorized officer, has caused this
Plan to be executed as of the ____ day of _______________, 1998.

                                  NTELOS Inc.

                                  By  _____________________________________
                                         Authorized Officer<PAGE>

EXHIBIT 10(U)
                              EMPLOYMENT AGREEMENT

         THIS AGREEMENT is made as of November 6, 1999 (the "Effective Date"),
by and between FPIC INSURANCE GROUP, INC, a Florida corporation ("FPIC"), and
KURT CETIN, an individual residing at 1490 Wild Iris Lane, Orange Park, Florida
("Employee").

                                    PREAMBLE

         FPIC desires to procure the services of Employee upon the terms and
conditions set forth herein and Employee desires to provide services to FPIC
upon such terms and conditions.

         ACCORDINGLY, in consideration of the respective covenants and
agreements of the parties herein contained, FPIC and Employee agree as follows:

         1. DUTIES OF EMPLOYEE. FPIC agrees to employ Employee on the Effective
Date as its Vice President and Chief Marketing Officer reporting to FPIC's
President and subject to the oversight of FPIC's Board of Directors (the
"Board"). Employee hereby accepts such employment and agrees to discharge
faithfully, diligently and to the best of Employee's ability, the
responsibilities of such position. In addition to Employee's duties as Vice
President and Chief Marketing Officer, Employee shall assume and perform such
further reasonable responsibilities and duties and exercise such powers as
FPIC's President or the Board shall assign to Employee from time to time and
shall have such supervision and control over, and responsibility for, such
aspects of the business, operations, activities and affairs of FPIC as are
consistent with the organization documents of FPIC and the assignments to
Employee by FPIC's President and the Board.

         2. DEVOTION OF FULL TIME TO FPIC'S BUSINESS. During the term of
Employee's employment hereunder, except as otherwise permitted by the Board or
this Agreement, Employee shall be employed only by FPIC and Employee shall
devote substantially all of Employee's full business time, attention, energies
and skills to the work of FPIC.

         3.       TERM.

                  (a) Unless sooner terminated as provided herein, the term of
this Agreement shall be for the period commencing November 6, 1999 and ending on
December 31, 2002 (the "Employment Term").

                  (b) At any time, Employee may voluntarily elect to terminate
this Agreement, and end the Employment Term, by providing FPIC at least 4 months
notice of such termination. Upon receipt of such notice, FPIC may, at its sole
discretion, elect to establish a termination date prior to the date specified in
Employee's notice.

                  (c) At any time, FPIC may elect to terminate this Agreement
and end the Employment Term, without Cause (as hereinafter defined) by providing
written notice to Employee, in which event, FPIC shall pay to Employee the
severance pay required pursuant to Section 7(b)(ii) below.

         4.       COMPENSATION.

                  (a)      SALARY.

                           (i) FPIC shall pay Employee as compensation for
         Employee's services for the 1999 calendar year and each calendar year
         thereafter during the term of this Agreement an annual base salary of
         at least Two Hundred Thousand and No/100 Dollars ($200,000.00), payable
         in accordance with FPIC's normal payroll practices, but not less
         frequently than twice per month.

                           (ii) Annual performance reviews will determine annual
         or other salary increases to which Employee becomes entitled, based
         upon FPIC's compensation and review policies.

<PAGE>

                  (b)      BONUS.
                            (i) Commencing with calendar year 2000 Employee will
         have the opportunity to receive annual performance based bonuses of up
         to 25% of the base salary provided in Section 4(a) of this Agreement
         based upon various criteria pertaining to Employee's and FPIC's
         performance and structured similarly to the performance based bonuses
         paid to FPIC's other senior management executives under FPIC's then
         current Executive Incentive Compensation Program. All bonuses, if any,
         must be authorized by the Board.

                           (ii) Bonuses, if any, attributable to any calendar
         year shall be paid within 90 days after the end of the calendar year
         with respect to which the bonus is awarded.

                  (c)      VACATION.  Employee shall be entitled to paid
vacation for each calendar year on the same basis as FPIC's other executive
officers.

                  (d) FRINGE BENEFITS. Employee shall be entitled to participate
in any tax qualified profit sharing plans available to FPIC's employees. In
addition, Employee shall be eligible for health benefit plans available to all
FPIC employees. Participation in such plans shall be subject to and on a basis
consistent with the terms, conditions and overall administration of such plans
and arrangements. FPIC shall pay reasonable professional association fees of
Employee. Employee shall be entitled, following the expiration of the term of
the present lease of the automobile used by Employee and during the remainder of
the term of this Employment Agreement, to an automobile allowance of $500 per
month and shall be reimbursed for normal operational expenses incurred by
Employee in operating Employee's automobile.

                  (e) STAY BONUS. Commencing with calendar year 2000 and
continuing through the earlier of 2002 or the termination of the Employment Term
FPIC shall pay Employee a stay bonus equal to $88,899 per year, payable in equal
quarterly installments at the end of each calendar quarter.

                  (f) OMNIBUS INCENTIVE PLAN. FPIC acknowledges and agrees that
Employee shall be eligible to participate in the Florida Physicians Insurance
Company Omnibus Incentive Plan, which provides incentives to individuals whose
performance, contributions and skills add to the value of FPIC Insurance Group,
Inc.

                  (g)      All payments shall be subject to legally required
withholdings.

         5.       EXPENSES.  Subject to policies and procedures adopted by the
Board, or as otherwise required by applicable laws such as the Internal Revenue
Code of 1986, as amended, Employee shall be promptly reimbursed for the
reasonable business expenses Employee incurs on behalf of FPIC.

         6.       EMPLOYEE COVENANTS.

                  (a) CONFIDENTIAL INFORMATION. Employee will not, at any time
during the term of this Agreement or thereafter, divulge to any persons,
corporations or other entities, or use or cause or authorize any persons,
corporations or other entities to use, any information relating to FPIC, its
affiliates, or to Physicians Reciprocal Insurers, the New York domiciled
reciprocal insurer for which FPIC's subsidiary acts as attorney-in-fact ("PRI"),
that is regarded as confidential by FPIC or relating to the business or
interests of FPIC, its affiliates, or PRI, including, without limitation, the
contents of advertising, customer lists, information regarding customers or
their customers, programming methods, business plans, strategies, financial
statements, copyrights, correspondence or other records of FPIC, its affiliates,
or PRI. The restrictions of this Section shall not apply to information relating
to the business or interests of FPIC, its affiliates, or PRI that is, or shall
lawfully and rightfully become, public knowledge and in the public domain
through no fault or wrongful act of Employee; nor shall the restrictions of this
Section apply to information that is (i) disclosed by Employee after obtaining
prior written consent of FPIC, or (ii) is required or ordered to be divulged by
a court of competent jurisdiction or an administrative agency having lawful
authority to require disclosure of Employee's knowledge of such information. If
Employee is requested or required to disclose any such information, Employee
will provide FPIC with written notice thereof so that FPIC may seek a protective
order or other appropriate remedy and/or waive compliance with the provisions of
this Section 6(a).
<PAGE>

                  (b) WRONGFUL INDUCEMENT. Employee acknowledges that any
attempt on the part of Employee to induce others to leave FPIC's employ or the
employ of any of its affiliates, or any efforts by Employee to interfere with
FPIC's or any of FPIC's affiliates' relationships with employees, or to
interfere with FPIC's or its affiliates' relationship with PRI, would be harmful
and damaging to FPIC or to FPIC's affiliate. Employee expressly agrees that
during the term of this Agreement and for any period of time during which FPIC
is paying to Employee salary and other benefits provided for in this Agreement
and for a period of two (2) years thereafter, Employee will not, in any manner,
directly or indirectly or through any means: (A) induce or attempt to induce any
employee to terminate his or her employment with FPIC or any affiliate; (B)
interfere with or disrupt FPIC's or any affiliate's relationship with their
employees; (C) solicit, entice, take away or employ any person employed by FPIC
or any affiliate; or (D) induce or attempt to induce PRI to terminate its
relationship with FPIC or its affiliates.

<PAGE>

                  (c) RESTRICTIVE COVENANTS. Employee expressly agrees that
during the term of this Agreement and for any period of time during which FPIC
is paying to Employee salary or other benefits provided for in this Agreement
(including, but not limited to, pursuant to Section 7(b)) or in the event of the
termination of this Agreement pursuant to Section 3(b), or 7(a)(iv), for a
period of two (2) years thereafter, Employee shall not, directly or indirectly,
own, operate, manage, have a proprietary interest of any kind in, extend
financial assistance to, solicit, encourage or handle patronage for, be employed
by or serve as a consultant, officer, director, employee, or in any other
capacity for any person, corporation, company, partnership or other entity
engaged in the medical professional liability insurance business or the business
of providing management or other insurance services to any medical professional
liability insurer in or operating within the States of New York, Florida or
Missouri, except that Employee may own up to two percent (2%) of the outstanding
stock in a publicly held corporation engaged in such competing business provided
that such stock does not in any way represent any form of compensation for any
services rendered by Employee to such publicly held corporation.

                  (d) REASONABLE AND NECESSARY RESTRICTIONS. Employee
acknowledges that the restrictions, prohibitions and other provisions of this
Section 6 are reasonable, fair and equitable in scope, term and duration, are
necessary to protect the legitimate business interests of FPIC and its
affiliates, and are a material inducement to FPIC to enter into this Agreement.
Employee covenants that he will not challenge the enforceability of this Section
6 or any provision hereof nor will he raise any equitable defenses to such
enforcement.

                  (e) ENFORCEABILITY. In the event that any restriction
contained in this Section 6 shall be held to be too broad in scope or to long in
duration to allow enforcement of such restriction to its full extent, then such
restriction shall be enforced to the maximum extent permitted by law, and
Employee hereby consents and agrees that such scope and duration may be
judicially modified accordingly in any proceeding brought to enforce such
restriction.

                  (f) INADEQUACY OF REMEDY AT LAW. Employee acknowledges and
agrees that FPIC's or FPIC's affiliates' remedy at law from any breach of his
obligations under this Section 6 may be inadequate, and agrees and consents that
temporary and/or permanent or injunctive relief may be entered enjoining
Employee from breaching this Agreement and further agrees that any proceeding
may be brought to enforce any provision of this Section 6 without the
requirement that FPIC or its affiliate, as the case may be, prove actual damages
as a result of the breach of this Agreement.

                  (g) SURVIVAL. The provisions of this Section 6 shall survive
any termination of this Agreement.

         7.       TERMINATION.

                  (a)      REASONS.  This Agreement shall be terminated upon:

                                 (i)        The death of Employee;

                                (ii)        The voluntary election of Employee
as provided in Section 3(b);

                                 (iii)      The election of FPIC as provided
in Section 3(c);

                                (iv)        The mutual agreement of FPIC and
Employee, which agreement to terminate shall be in writing and signed by both
FPIC and Employee;

                                 (v)        The permanent disability of
         Employee, provided, however, that in such event this Agreement shall
         not terminate until FPIC so chooses. "Permanent disability" shall be
         defined as Employee's inability, by reason of illness or a physical or
         mental incapacity to perform the majority of Employee's usual duties
         during substantially all the business days in a period of three
         consecutive months. FPIC's right to terminate under these circumstances

<PAGE>

         shall be exercised in writing delivered to Employee and shall be
         effective upon receipt by Employee;

                                (vi)        FPIC's termination of this
         Agreement for "Cause," in which event, notwithstanding any other
         provisions of this Agreement, FPIC shall have no further obligations to
         Employee under this Agreement other than payment of any amounts due
         Employee through the effective date of termination and reimbursement of
         any expenses, as provided in Section 7(b) hereof. For purposes of this
         Agreement, "Cause" shall be defined to mean (1) any act or omission to
         act on the part of Employee for which Employee is convicted of, or
         pleads NOLO CONTENDERE to, a felony or fraud or embezzlement or that
         constitutes gross negligence or wilful misconduct, or (2) Employee's
         willful refusal to perform any material obligation under this Agreement
         provided Employee fails to perform such material obligation within 10
         days of written notice thereof to Employee.

                               (vii)        In the event of Constructive
         Discharge, by Employee's providing written notice thereof to FPIC
         within three months after the occurrence of such event, specifying the
         event relied upon for a Constructive Discharge. "Constructive
         Discharge" shall mean any material change by FPIC of Employee's
         position, functions, or duties to an inferior position, functions, or
         duties from that in effect on the date of this Agreement, provided FPIC
         has not reinstated Employee to Employee's former position, functions,
         or duties within 15 days after notice from Employee that Employee
         desires to be so reinstated.

                  (b)      PAYMENTS.

                            (i) Upon termination of this Agreement, for any
         reason, Employee shall be entitled to receive Employee's base salary
         earned but unpaid as of the date of termination and any expenses not
         yet reimbursed. If Employee voluntarily elects to terminate this
         Agreement other than in the event of a Constructive Discharge, Employee
         shall forfeit all rights to compensation and all benefits based upon
         compensation after the date of such voluntary termination. If this
         Agreement is terminated as a result of Employee's death, FPIC shall pay
         to Employee the compensation that would otherwise have accrued to
         Employee up to the date upon which Employee's death occurred to
         Employee's spouse and if Employee is unmarried, to Employee's estate.
         In no event shall Employee be entitled to any additional compensation
         except as expressly provided for in this Agreement. If this Agreement
         is terminated as the result of Employee's permanent disability, FPIC
         shall pay to Employee the compensation that would have accrued up to
         the date of termination.

                           (ii) If at any time during the term of this
         Agreement, FPIC elects to terminate this Agreement as provided in
         Section 3(c), or in the event of a Constructive Discharge, Employee
         will be entitled to receive the greater of (a) Employee's salary
         provided in Section 4(a) of this Agreement for the remainder of the
         term of this Agreement and the remaining unpaid bonus payments provided
         for in Section 4(e) of this Agreement, or (b) twenty-four months of
         Employee's salary provided in Section 4(a) and the remaining unpaid
         bonus payments provided for in Section 4(e) of this Agreement, payable
         as provided in such Sections 4(a) and (e) commencing on the first day
         of the week following such effective date of termination.
         Notwithstanding the foregoing, if Employee breaches or fails to fulfill
         Employee's obligations under or is in violation of Section 6 or Section
         8 of this Agreement, no salary or other amounts that would otherwise be
         payable under this Section 7(b) shall be payable to Employee.

         8. PRI RELATIONSHIP. Employee acknowledges that the relationships of
FPIC and its affiliates with PRI and with the insureds of PRI are unique, key
assets of FPIC and its affiliates and of fundamental and material importance to
FPIC in determining to execute and deliver this Agreement. Therefore, Employee
acknowledges and agrees that he shall not at any time or in any manner interfere
with such relationships, or induce or attempt to induce PRI to terminate its
relationship or contractual agreements with FPIC or its affiliates.
Notwithstanding any other provisions of this Agreement, the provisions of this
Section 8 shall survive the termination of this Agreement.
<PAGE>

         9. NOTICES. Any notice, designation, consent, acceptance or other
communication provided for herein shall be in writing and shall be deemed given
when delivered by hand, by telecopy, receipt confirmed, or five business days
after mailed, postage prepaid, certified or registered, return receipt
requested, addressed to the other party at the address appearing below:

         To FPIC:                   FPIC Insurance Group, Inc.
                                    225 Water Street, Suite 1400
                                    Jacksonville, FL 32202
                                    Attn: William R. Russell, President and CEO
                                    Fax: (904) 350-1049

         To Employee:               Kurt Cetin
                                    1490 Wild Iris Lane
                                    Orange Park, FL 32073

Either party may, by like notice to the other, change the address to which any
such communication shall be sent, and after notice of such change has been
received, any communications shall be sent to such party at such changed
address.

         10.      AMENDMENTS. No change or modification to this Agreement shall
be effective unless such change or modification is in writing and signed by both
parties hereto.

         11.      ASSIGNMENT. This Agreement constitutes a personal services
contract, and neither party may assign this Agreement or any of the rights,
obligations and responsibilities hereunder, except that FPIC may assign its
rights, obligations and responsibilities under this Agreement to (i) a successor
or assign of all or substantially all of its business or assets, or (ii) any
corporation with which it merges or with which it may be consolidated.

         12.      REPRESENTATIONS. Employee represents and agrees that Employee
has legal capacity to enter into this Agreement and the execution and delivery
of this Agreement will not violate or conflict with any other agreements or
contracts to which Employee is a party.

         13. APPLICABLE LAW AND BINDING EFFECT. This Agreement shall be
construed and enforced under the laws of the State of Florida, and shall inure
to the benefit of and be binding upon the parties hereto and their respective
heirs, personal representatives, successors and permitted assigns. This
Agreement supersedes and replaces in every respect, any and all prior employment
agreements, severance settlements, retirement benefits, and any and all other
related rights, expectations or understandings of any nature whatsoever between
FPIC and Employee or any affiliate of FPIC and Employee.

         14.      WAIVER NOT CONSENT. Any waiver of any breach of this Agreement
shall not be construed to be a continuing waiver or consent to any subsequent
breach by either party hereto.

         15. SEVERABILITY. If any term or provision of this Agreement or the
application thereof to any person or circumstances shall, to any extent, be
invalid or unenforceable, the remainder of this Agreement, or the application of
such term or provision to persons or circumstances other than those as to which
it is held invalid or unenforceable, shall not be affected thereby, and each
term and provision of this Agreement shall be valid and enforceable to the
fullest extent permitted by law. Moreover, if a court of competent jurisdiction
deems any provisions hereto to be too broad in time, scope or area, it is
expressly agreed that such provision may be enforced to a lesser degree.

         16.      CAPTIONS. The paragraph headings contained in this Agreement
are for reference and convenience only, and shall not affect the construction of
any provision hereof.
<PAGE>

         17.      COUNTERPARTS. This Agreement may be executed in any number of
counterparts, each of which shall be deemed an original hereof, but all of which
together shall constitute one and the same instrument.

         IN WITNESS WHEREOF, this Agreement has been executed by a duly
authorized officer of FPIC and by Employee as of the 6th day of November, 1999.

                                                     FPIC INSURANCE GROUP, INC.

                                                     By:
                                                       -------------------------
                                                              Its:

                                                     ---------------------------
                                                     Kurt Cetin

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