Document:

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                                  EXHIBIT 10.12

                           Employment Agreement dated
                               December 14, 2005
                            between the Corporation
                              and Kelly W. George

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                              EMPLOYMENT AGREEMENT

                                (KELLY W. GEORGE)

      This Agreement, dated as of the 14th day of December, 2004, by and among
NORTH COUNTRY FINANCIAL CORPORATION, a Michigan corporation (to be renamed
Mackinac Financial Corporation) (the "Company"), and KELLY W. GEORGE
("Employee").

                                   WITNESSETH:

      WHEREAS, the Company desires to engage the services of Employee, and
Employee is willing to accept such employment, on the terms and conditions set
forth herein.

      NOW, THEREFORE, in consideration of the premises and the mutual
undertakings set forth herein the parties hereto agree as follows:

      1. Employment and Duties. In accordance with actions taken and authorized
by the Board of Directors of the Company (the "Company Board"), effective upon
the latest to occur of: (i) the payment of the amount due to Employee pursuant
to Section 5 of that certain Employment Agreement dated September 2, 2003, by
and between the Company and Employee (the "Original Employment Agreement"), (ii)
the closing of the transactions provided for in the Stock Purchase Agreement
dated August 10, 2004, as amended, between the Company and NCFC
Recapitalization, LLC, and (iii) receipt of all necessary Regulatory Approvals
(as such term is defined in the Stock Purchase Agreement) with regard to this
Agreement (the "Effective Date"), Employee shall become employed and appointed
as the Senior Vice President and Chief Lending Officer of the Company's
wholly-owned subsidiary, North Country Bank and Trust (to be renamed Mackinac
Bank) (the "Bank"), and shall have the duties and responsibilities commensurate
with such titles and offices, including, without limitation, all such duties and
responsibilities as now are or hereafter may be set forth with respect to such
offices in the

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by-laws of the Bank or in the directives of the Board of Directors of the Bank
or the Company. At the Effective Date, this Agreement shall supersede and
replace in its entirety the Original Employment Agreement, and the Original
Employment Agreement shall be of no further force and effect. During the period
of his employment hereunder, Employee also shall serve as an officer of such
other affiliates of the Bank or the Company and in such other capacities as he
may be requested by the Company Board and shall assume such additional duties
and responsibilities as from time to time may be assigned to him by the Company
Board, all without additional compensation therefor. Throughout the period of
his employment hereunder, Employee shall devote his business time, attention,
and energy on a full-time basis exclusively to the affairs of the Bank and the
Company and its affiliates.

      2. Term of Employment. The employment of Employee hereunder shall commence
on the Effective Date and shall continue thereafter through the end of the
thirty-sixth (36th) month following the Effective Date (the "Employment
Period"), unless earlier terminated as hereinafter provided. After the initial
Employment Period, the term of this Agreement shall be automatically extended
for additional one-year periods unless written notice is given by one party to
the other of his or its intention to terminate Employee's employment hereunder
at the end of the Employment Period or any extended term, as the case may be.

      3. Cash Compensation. As full cash compensation for all services to be
performed by Employee hereunder, the Company shall pay to Employee the
following:

            (a) salary of not less than $175,000 per year (to be reviewed
      annually by the Company Board), payable at the intervals at which other
      executive officers of the Company and the Bank are paid;

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            (b) an additional incentive bonus (if earned) payable after fiscal
      year-end in accordance with the Company's or Bank's policy or plan; and

            (c) if before this Agreement terminates or expires, the Bank is no
      longer subject (whether or not the Bank has received formal notice of
      such) to any formal or informal enforcement action including cease and
      desist orders, written agreements or memoranda of understanding by or with
      any federal or state banking regulatory agency, a cash bonus equal to one
      year of Employee's then base salary under Section 3(a) above.

      4. Relocation Benefits. If Employee relocates his permanent home to
Manistique, Michigan during the first year of the Employment Term, the Company
shall pay or reimburse Employee's reasonable relocation expenses as determined
and approved by the Chairman of the Company.

      5. Employee Benefits. During the period of his employment hereunder,
Employee also shall be entitled to participate in such Company employee benefit
plans as from time to time are maintained, sponsored, or made available to the
executive employees of the Company and the Bank generally, in each case on the
same terms and subject to the same conditions and limitations generally
applicable to other executive officers with respect to participation therein.
Employee shall be entitled to five (5) weeks of paid vacation per calendar year
during the period of his employment hereunder. Vacation time not taken shall not
be accumulated and carried forward to a subsequent calendar year.

      6. Certain Expenses. The Company shall pay or reimburse Employee for the
reasonable travel, entertainment and other incidental expenses (including the
cost of business publications and professional associations) incurred on
business of the Company or the Bank

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with the approval of the Chairman of the Company, and in accordance with the
Company's practices as in effect during the term of this Agreement as applied to
executive officers.

      For the period ending on the first to occur of (i) termination of this
Employment Agreement for any reason whatsoever; (ii) two (2) years from the
Effective Date; or (iii) Employee relocating his principal residence to a
location within twenty-five (25) miles of the main office of the Bank, the Bank
shall pay or reimburse (A) Employee's reasonable living expenses (housing and
meals) while working at the Bank's main office in an amount not to exceed
$1,350.00 per month; and (B) the actual cost of fuel, insurance and maintenance
one automobile used by Employee for Bank business. In addition, during the
period of his employment under this Employment Agreement, the Bank will pay
$450.00 per month toward the lease or use of such automobile.

      7.    Certain Continuing Obligations of Employee. Throughout the period of
his employment hereunder and thereafter, Employee agrees to keep confidential
all trade secrets, customer lists, business strategies, financial and marketing
information, and other data concerning the private affairs of the Company and
the Bank or any of their affiliates, made known to or developed by Employee
during the course of his employment hereunder ("Confidential Information"), not
to use any Confidential Information or supply Confidential Information to others
other than in furtherance of the Company's or Bank's business, and to return to
the Company upon termination of his employment all copies, in whatever form, of
all Confidential Information and all other documents relating to the business of
the Company or any of its affiliates which may then be in the possession or
under the control of Employee.

      At the request of the Company Board, whether or not made during the period
of his employment hereunder, Employee agrees to execute such confidentiality
agreements,

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assignments of intellectual property rights, and other documents as hereafter
may be reasonably determined by the Company Board to be appropriate to carry out
the purposes of this Section.

      8.    Termination of Employment; Effect.

            (a) Employee's employment hereunder will be terminated in any of the
      following ways:

                  (i) Immediately upon the death of the Employee;

                  (ii) Immediately upon the Employee becoming disabled due to
            his physical or mental condition to regularly and satisfactorily
            perform his duties hereunder (as determined by the Company Board)
            for a period of thirty (30) continuous days;

                  (iii) By either the Employee or the Company giving notice of
            his or its intention not to extend this Agreement's term as provided
            in Section 2 above, in which case Employee's employment will
            terminate at the end of the Employment Period or extended term, as
            the case may be;

                  (iv) By either the Employee or the Company, without or with
            Cause (as hereinafter defined), by 30 days' prior written notice to
            the other, effective as of the date specified in such notice; or

                  (v) Thirty (30) days after written notice by either the
            Company or Employee after a Change of Control if (A) Employee
            terminates his employment for Good Reason; or (B) the Company
            terminates Employee's employment otherwise than for Cause or
            Employee's disability.

            (b) Upon the termination of Employee's employment in any of the ways
      provided in subsection (a), then this Agreement and all rights and
      obligations of

                                      -5-
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      Employee and the Company hereunder (as opposed to rights and obligations
      under any Company employee benefit plan in which Employee participated)
      shall terminate and cease immediately, except for (i) Employee's rights to
      the payments provided in Section 9 below; and (ii) the rights and
      obligations set forth in Section 7 above and Section 12 and Section 13
      below.

            9. Payments on Termination. Employee shall be entitled to the
      following payments and benefits upon termination of his employment:

            (a) If Employee's employment is terminated under Section 8(a)(i)
      above (by reason of death), or if Employee's employment is terminated by
      Employee or the Company under Section 8(a)(iii) above (no extension), or
      if Employee's employment is terminated (either voluntarily by Employee or
      for Cause by the Company) under Section 8(a)(iv) above, then Employee
      shall be entitled to the cash compensation under Section 3(a) above, and
      the benefits and reimbursement to which Employee is entitled under
      Sections 5 and 6 above, through the date of termination of employment.

            (b) If Employee's employment is terminated under Section 8(a)(ii)
      above (disability), or by the Company without Cause under Section 8(a)(iv)
      above, Employee shall be entitled to the cash compensation payable under
      Section 3(a) above, and the benefits and reimbursements under Section 5
      above, for a period of one year following the effectiveness of such
      termination of employment; provided, however, that in the event
      termination of employment occurs during the initial Employment Period,
      such payments and benefits shall continue for the longer of (i) the
      balance of the initial Employment Period; or (ii) one (1) year following
      termination.

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            (c) If Employee's employment is terminated after a Change of Control
      under Section 8(a)(v) above (by Employee for Good Reason; by the Company
      other than for Cause), Employee shall be entitled to a cash payment equal
      to 200% of the annual base salary under Section 3(a) above then in effect;
      provided, if such termination occurs during the Initial Employment Period,
      then there shall be added to such payment the amount, if any, by which the
      present value of the payments provided in Section 9(b) above (determined
      as of the termination date) exceed 200% of the Employee's then annual base
      salary. In the event the payments required under this Agreement, when
      added together with any other amounts required to be included by Employee
      under the provisions of the Internal Revenue Code of 1986, as amended,
      result in an Excess Parachute Payment," as that term is defined in Section
      280G of the Code, then the amount of the payments provided for in this
      Agreement shall be reduced in an amount which eliminates any and all
      excise tax to be imposed under Section 4999 (or any successor thereto) of
      the Code.

      10.   Stock Options. On or within 30 days after the Effective Date,
Employee shall be awarded options to purchase 20,000 shares (adjusted for a 1
for 20 reverse stock split to be effective on the Effective Date) of the
Company's Common Stock under the Company's 2000 Stock Incentive Plan (the
"Plan") on such terms and conditions specified in an appropriate stock option
agreement (the "Option Agreement") and the Plan. The Option Agreement shall
provide that twenty percent (20%) of the options shall vest immediately, and the
remaining options will vest in increments over a four year period and upon
Employee meeting certain performance criteria to be specified in the Option
Agreement.

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      11.   Definitions. For purposes of this Agreement, "Cause" means any of
 the following:

            (a) Material breach of any of the terms of this Agreement or of the
      Company's or Bank's policies and procedures applicable to employees and/or
      directors;

            (b) Conviction of or plea of guilty or nolo contendere to a crime
      involving moral turpitude or involving any violation of securities or
      banking law or regulation, or the issuance of any court or administrative
      order enjoining or prohibiting Employee from violating any such law or
      regulation;

            (c) Receipt of any written criticism of the performance of the
      Employee by any regulatory agency having jurisdiction over the Company or
      the Bank which in the good faith judgment of the Company Board may
      adversely affect the Company, the Bank or any of their affiliates, or has
      irreparably damaged Employee's continued ability to function effectively
      in any of the capacities contemplated by this Agreement;

            (d) Repeated or habitual intoxication with alcohol or drugs while on
      the premises of the Company or the Bank or any of their affiliates, or
      during the performance by Employee of any of his duties hereunder;

            (e) Embezzlement of any property belonging or entrusted to the
      Company or the Bank, or any of their affiliates;

            (f) Willful misconduct or gross neglect of duties, or failure to act
      with respect to duties or actions previously communicated to Employee in
      writing by the Company Board;

            (g) Any other act or omission of kind or nature similar to any of
      the foregoing, or determined in good faith by the Company Board to be of
      comparable seriousness, which in the good faith judgment of the Company
      Board may have adversely

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      affected or may in the future adversely affect the Company, the Bank or
      any of their affiliates, or has irreparably damaged Employee's continued
      ability to function effectively in any of the capacities contemplated by
      this Agreement.

               "Change in Control" shall occur if at anytime after the
      consummation of the transactions contemplated by the Stock Purchase
      Agreement, including the sale of shares of Common Stock of the Company and
      the reconstitution of its Board of Directors, whether such transactions
      occur at or after the Closing under the Stock Purchase Agreement:

            i.    Any person or group (as such terms are used in connection with
                  Sections 13(d) and 14(d) of the Exchange Act) becomes the
                  "beneficial owner" (as defined in Rule 13(d)(3) and 13(d)(5)
                  under the Exchange Act), directly or indirectly, of securities
                  of the Company representing twenty-five percent (25%) or more
                  of the combined voting power of the Company's then outstanding
                  securities;

            ii.   A merger, consolidation, sale of assets, reorganization, or
                  proxy contest is consummated and, as a consequence of which,
                  members of the Company Board in office immediately prior to
                  such transaction or event constitute less than a majority of
                  the Board thereafter;

            iii.  During any period of 24 consecutive months, individuals who at
                  the beginning of such period constitute the Company Board
                  (including for this purpose any new director whose election or
                  nomination for election by the Company's stockholders was
                  approved by a vote of at least one-half of the directors then
                  still in office who were directors at the beginning of such
                  period) cease for any reason to constitute at least a majority
                  of the Company Board; or

            iv.   A merger, consolidation or reorganization is consummated with
                  any other corporation pursuant to which the shareholders of
                  the Company immediately prior to the merger, consolidation or
                  reorganization do not immediately thereafter directly or
                  indirectly own more than fifty percent (50%) of the combined
                  voting power of the voting securities entitled to vote in the
                  election of directors of the merged, consolidated or
                  reorganized entity.

            Notwithstanding the foregoing, no trust department or designated
            fiduciary or other trustee of such trust department of the Company
            or a subsidiary of the Company, or other similar fiduciary capacity
            of the Company with direct voting control of the stock shall be
            treated as a person or group within the meaning of subsection (i)(a)
            hereof. Further, no profit-sharing, employee stock ownership,
            employee stock purchase and savings, employee pension, or other
            employee benefit plan of the Company or any of its subsidiaries, and
            no trustee of any such plan in its capacity as such trustee, shall
            be treated as a person or group within the meaning of subsection
            (i)(a) hereof.

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      Further, notwithstanding anything herein to the contrary, a Change in
      Control shall not be deemed to have occurred upon the consummation of any
      of the transactions contemplated by the Stock Purchase Agreement,
      including, without limitation, the sale of shares to the Investors (as
      defined in the Stock Purchase Agreement), the management changes and the
      reconstitution of the Board of Directors, whether such transactions occur
      before, at, or after the Effective Date.

      "Good Reason" means any of the following occurrences without the written
consent of Employee: (a) the assignment to Employee of any duties inconsistent
with his duties described in Section 1(a) hereof or any removal of Employee from
or any failure to reelect Employee to his positions described in Section 1
hereof, except in connection with promotions to higher office; provided, that
the suspension of Employee from the duties of his employment and any positions
held by him during the pendency of any criminal proceedings against Employee as
to which a conviction would constitute "Cause" shall not be deemed "Good Reason"
so long as during the period of such suspension the Company continues to pay the
base salary and provide the additional benefits to which Employee is entitled;
(b) the material reduction at any time of the additional benefits theretofore
provided to Employee; provided, that (i) reductions in the actual economic value
of additional benefits in accordance with the objective terms of such additional
benefits (e.g., changes in the amounts of bonus payments from time to time in
accordance with the objective terms of a bonus formula) shall not be deemed a
reduction of such additional benefits for this purpose, and (ii) the replacement
of additional benefits with other new additional benefits having substantially
equivalent economic value to Employee shall not be deemed a reduction of
additional benefits for this purpose; (c) the relocation of Employee's office to
anywhere other than a location within 75 miles of Manistique, Michigan or the
Company requiring Employee to be based anywhere other than within 75 miles of
Manistique, Michigan, except for a required travel on the Company's business to
an extent consistent with Employee's

<PAGE>

business travel obligations; or (d) the failure of the Company to pay Employee
the base salary and provide the additional benefits as and when required hereof;
or (e) any other failure of the Company to perform its obligations to Employee
hereunder if such failure continues uncured for ten (10) days after written
notice thereof, specifying the nature of such failure and requesting that it be
cured, is given by Employee to the Company.

      12.   Integration; Amendment. This Agreement contains the entire agreement
of the parties relating to the subject matter hereof and thereof, and supersedes
and replaces in their entirety any prior agreements or understandings concerning
such subject matter, including the Employment Agreement dated September 3, 2003
between the Company and Employee. This Agreement may not be waived, changed,
modified, extended, or discharged orally, but only by agreement in writing
signed in the case of the Company by the Chairman or Vice Chairman of the
Company Board.

      13.   Arbitration. Any controversy, dispute, or claim arising out of or
relating to Employee's employment or to this Agreement or breach thereof shall
be settled by arbitration in accordance with the commercial rules of the
American Arbitration Association at its Southfield, Michigan offices. Judgment
upon any award may be entered in any circuit court or other court having
jurisdiction thereof, without notice to the opposite party or parties. Anything
contained herein to the contrary notwithstanding, this agreement to arbitrate
shall not be deemed to be a waiver of the Company's right to secure equitable
relief including injunction (whether as part of or separate from the arbitration
proceeding) if and when otherwise appropriate.

      14.   Noncompetition and Nonsolicitation. Notwithstanding anything to the
contrary contained elsewhere in this Agreement:

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            (a) In view of Employee's importance to the success of the Company
      and the Bank, Employee and the Company agree that the Company and the Bank
      would likely suffer significant harm from Employee's competing with the
      Company or the Bank during Employee's term of employment and for some
      period of time thereafter. Accordingly, Employee agrees that Employee
      shall not engage in competitive activities while employed by the Company
      or the Bank and, in the event Employee's employment is terminated
      voluntarily by Employee or without cause by the Company pursuant to
      Section 8(a)(iv) above, during the Restricted Period. Employee shall be
      deemed to engage in competitive activities if he shall, without the prior
      written consent of the Company, (i) within a seventy-five (75) mile radius
      of the main office or any branch office of the Bank, render services
      directly or indirectly, as an employee, officer, director, consultant,
      advisor, partner or otherwise, for any organization or enterprise which
      competes directly or indirectly with the business of Company or any of its
      affiliates in providing financial products or services (including, without
      limitation, banking, insurance, or securities products or services) to
      consumers and businesses, or (ii) directly or indirectly acquires any
      financial or beneficial interest in (except as provided in the next
      sentence) any organization which conducts or is otherwise engaged in a
      business or enterprise within a seventy-five (75) mile radius of the main
      office or any branch office of the Bank, which competes directly or
      indirectly with the business of the Company or the Bank or any of their
      affiliates in providing financial products or services (including, without
      limitation, banking, insurance or securities products or services) to
      consumers and businesses. Notwithstanding the preceding sentence, Employee
      shall not be prohibited from owning less than 5 percent of any publicly
      traded corporation whether or

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      not such corporation is in competition with the Company. For purposes
      hereof, the term "Restricted Period" shall equal the longer of (y) twelve
      (12) months, or (z) the period during which Employee receives salary and
      benefits under Section 8(a)(iv) above (as provided in Section 9(b)), in
      each case commencing as of the date of Employee's termination of
      employment.

      15.   Applicable Law. This Agreement shall be governed by and construed
in accordance with the laws of the State of Michigan applicable to contracts
made and to be performed within such State.

      16.   Regulatory Approval. The Company and Employee agree to use their
respective best efforts to obtain such approval of bank regulatory authorities
as may be required for the payment of any termination payments as shall be or
become subject to the prior approval of such regulatory authorities in
accordance with the provisions of any statute or regulation applicable to the
Company or any affiliate thereof at the time payment is to be made in accordance
with this Agreement.

      IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first above written.

                                  NORTH COUNTRY FINANCIAL CORPORATION

                                  By /s/ C. James Bess
                                     -----------------------------------------

                                     Its President and Chief Executive Officer

                                  /s/ Kelly W. George
                                  --------------------------------------------
                                  Kelly W. George

                                      -13-<PAGE>

                                 EXHIBIT 10.13

                           Employment Agreement dated
                               December 15, 2005
                            between the Corporation
                             and David C. Crimmins

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                              EMPLOYMENT AGREEMENT

                                (DAVID CRIMMINS)

      This Employment Agreement, dated as of the 15th day of December, 2004, is
by and among NORTH COUNTRY FINANCIAL CORPORATION, a Michigan corporation (to be
renamed Mackinac Financial Corporation) (the "Company"), and DAVID CRIMMINS
("Employee").

                              W I T N E S S E T H:

      WHEREAS, the Company desires to engage the services of Employee, and
Employee is willing to accept such employment, on the terms and conditions set
forth herein.

      NOW, THEREFORE, in consideration of the premises and the mutual
undertakings set forth herein the parties hereto agree as follows:

      1.    Employment and Duties. In accordance with actions taken and
authorized by the Board of Directors of the Company (the "Company Board"),
effective upon the latest to occur of (i) the closing of the transactions
provided for in the Stock Purchase Agreement dated August 10, 2004, as amended,
between the Company and NCFC Recapitalization, LLC, and (ii) receipt of all
necessary Regulatory Approvals (as such term is defined in the Stock Purchase
Agreement) with regard to this Agreement (the "Effective Date"), Employee shall
become employed and appointed as either a Senior Vice President or a Senior
Managing Director of the Company's wholly-owned subsidiary, North Country Bank
and Trust ( to be renamed Mackinac Bank) (the "Bank"), and shall have the duties
and responsibilities commensurate with such titles and offices, including,
without limitation, the responsibility for hiring, organizing and managing, in
consultation with and under the supervision of the Chief Executive Officer of
the Company and

<PAGE>

the Bank, a commercial lending team for the Bank located in and primarily
serving the Oakland County, Michigan area, as well as all such duties and
responsibilities as now are or hereafter may be set forth with respect to such
offices in the by-laws of the Bank or the directives of the Board of Directors
of the Bank, or the Chief Executive Officer of the Company or the Bank. During
the period of his employment hereunder, Employee also shall serve as an officer
of such other affiliates of the Bank or the Company and in such other capacities
as he may be requested by the Company Board and shall assume such additional
duties and responsibilities as from time to time may be assigned to him by the
Company Board, all without additional compensation therefor. Throughout the
period of his employment hereunder, Employee shall devote his business time,
attention, and energy on a full-time basis exclusively to the affairs of the
Bank and the Company and its affiliates.

      2.    Term of Employment. The employment of Employee hereunder shall
commence on the Effective Date and shall continue thereafter through the end of
the thirty-sixth (36th) month following the Effective Date (the "Employment
Period"), unless earlier terminated as hereinafter provided. After the initial
Employment Period, the term of this Agreement shall be automatically extended
for additional one-year periods unless at least 30-days prior to the expiration
written notice is given by one party to the other of his or its intention not to
renew this Employment Agreement at the end of the initial Employment Period or
any extended term, as the case may be.

      3.    Cash Compensation. As full cash compensation for all services to be
performed by Employee hereunder, the Company shall pay to Employee the
following:

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            (a) Salary of not less than $175,000 per year (to be reviewed
      annually by the Company Board), payable at the intervals at which other
      executive officers of the Company and the Bank are paid;

            (b) A signing bonus of $100,000;

            (c) A guaranteed 2005 bonus minimum of $75,000; and

            (d) Any future bonus (if earned), will be based on loan volumes and
      loan quality, and will contain a deferred component, in accordance with
      the Company's or Bank's policy or plan.

      4.    Certain Benefits. During the period of his employment hereunder, the
Company shall provide the following benefits:

            (a) On terms agreed to by the Company's Chief Executive Officer, the
Company shall pay or contribute to the costs of the Employee's membership (which
will include payment by the Company of 100% of the initiation fees, dues and
business-related utilization costs, and the Employee's obligation to repay the
amount, if any, the Company pays toward the equity portion of such club
membership upon termination of the Employee's employment for any reason) in one
country club approved by the Company's Chief Executive Officer and utilized by
the Employee for business-related activities;

            (b) Assumption of car lease payment for the benefit of Employee, not
to exceed $450.00 per month; and

            (c) Allow for Employee to participate in a stock option plan of the
Company (the "Plan") maintained by the Company. Specifically, on or within 30
days after the Effective Date, Employee shall be awarded options to purchase
20,000 shares of the Company's Common Stock (adjusted for a 1 for 20 reverse
stock split to be effective on the Effective Date on such

                                      -3-
<PAGE>

terms and conditions specified in an appropriate stock option agreement (the
"Option Agreement") and the Plan. The Option Agreement shall provide that
twenty-percent (20%) of the options will vest immediately, and the remaining
options will vest in increments over a four year period and upon Employee
meeting certain specified performance criteria specified in the Stock Option
Agreement.

      5.    Employee Benefits. During the period of his employment hereunder,
Employee also shall be entitled to participate in such Company employee benefit
plans as from time to time are maintained, sponsored, or made available to the
executive employees of the Company and the Bank generally, in each case on the
same terms and subject to the same conditions and limitations generally
applicable to other executive officers with respect to participation therein.

      6.    Certain Expenses. The Company shall pay or reimburse Employee for
the reasonable travel, entertainment and other incidental expenses (including
the cost of business publications and professional associations) incurred on
business of the Company or the Bank with the approval of the Chief Executive
Officer of the Bank, and in accordance with the Company's practices as in effect
during the term of this Agreement as applied to executive officers.

      7.    Certain Continuing Obligations of Employee. Throughout the period of
his employment hereunder and thereafter, Employee agrees to keep confidential
all trade secrets, customer lists, business strategies, financial and marketing
information, and other data concerning the private affairs of the Company and
the Bank or any of their affiliates, made known to or developed by Employee
during the course of his employment hereunder ("Confidential Information"), not
to use any Confidential Information or supply Confidential Information to others
other than in furtherance of the Company's or Bank's business, and to

                                      -4-
<PAGE>

return to the Company upon termination of his employment all copies, in whatever
form, of all Confidential Information and all other documents relating to the
business of the Company or any of its affiliates which may then be in the
possession or under the control of Employee.

      At the request of the Company Board, whether or not made during the period
of his employment hereunder, Employee agrees to execute such confidentiality
agreements, assignments of intellectual property rights, and other documents as
hereafter may be reasonably determined by the Company Board to be appropriate to
carry out the purposes of this Section.

      8.    Termination of Employment; Effect.

            (a) Employee's employment hereunder will be terminated in any of the
      following ways:

                  (i) Immediately upon the death of the Employee;

                  (ii) Immediately upon the Employee becoming disabled due to
            his physical or mental condition to regularly and satisfactorily
            perform his duties hereunder (as determined by the Company Board)
            for a period of thirty (30) continuous days;

                  (iii) By either the Employee or the Company giving notice of
            his or its intention not to extend this Agreement's term as provided
            in Section 2 above, in which case Employee's employment will
            terminate at the end of the Employment Period or extended term, as
            the case may be;

                  (iv) By either the Employee or the Company, without or with
            Cause (as hereinafter defined), by 30 days' prior written notice to
            the other, effective as of the date specified in such notice; or

                                      -5-
<PAGE>

                  (v) Thirty (30) days after written notice by either the
            Company or Employee after a Change of Control if (A) Employee
            terminates his employment for Good Reason; or (B) the Company
            terminates Employee's employment otherwise than for Cause or
            Employee's disability.

            (b) Upon the termination of Employee's employment in any of the ways
      provided in subsection (a), then this Agreement and all rights and
      obligations of Employee and the Company hereunder (as opposed to rights
      and obligations under any Company employee benefit plan in which Employee
      participated) shall terminate and cease immediately, except for (i)
      Employee's rights to the payments provided in Section 9 below; and (ii)
      the rights and obligations set forth in Section 7 above and Section 12 and
      Section 13 below.

            9.    Payments On Termination. Employee shall be entitled to the
      following payments and benefits upon termination of his employment:

            (a) If Employee's employment is terminated under Section 8(a)(i)
      above (by reason of death), or if Employee's employment is terminated by
      Employee or the Company under Section 8(a)(iii) above (no extension), or
      if Employee's employment is terminated (either voluntarily by Employee or
      for Cause by the Company) under Section 8(a)(iv) above, then Employee
      shall be entitled to the cash compensation under Section 3(a) above, and
      the benefits and reimbursement to which Employee is entitled under
      Sections 5 and 6 above, through the date of termination of employment.

            (b) If Employee's employment is terminated under Section 8(a)(ii)
      above (disability), or by the Company without Cause under Section 8(a)(iv)
      above, Employee shall be entitled to the cash compensation payable under
      Section 3(a) above, and the

                                      -6-
<PAGE>

      benefits and reimbursement to which Employee is entitled under Section 5
      above, for a period of one year following the effectiveness of such
      termination of employment; provided, however, that in the event
      termination of employment occurs during the initial Employment Period,
      such payments and benefits shall continue for the longer of (i) the
      balance of the initial Employment Period, or (ii) one year following
      termination.

            (c) If Employee's employment is terminated after a Change of Control
      under Section 8(a)(v) above (by Employee for Good Reason; by the Company
      other than for Cause), Employee shall be entitled to a cash payment equal
      to 200% of the annual base salary under Section 3(a) above then in effect;
      provided, that if such termination occurs during the initial Employment
      Period, then there shall be added to such payment the amount, if any, by
      which the present value of the payments provided in Section 9(b) above
      (determined as of the termination date) exceed 200% of Employee's then
      annual base salary. In the event the payments required under this
      Agreement, when added together with any other amounts required to be
      included by Employee under the provisions of the Internal Revenue Code of
      1986, as amended, result in an "Excess Parachute Payment," as that term is
      defined in Section 280G of the Code, then the amount of the payments
      provided for in this Agreement shall be reduced in an amount which
      eliminates any and all excise tax to be imposed under Section 4999 (or any
      successor thereto) of the Code.

      10.   Definition. For purposes of this Agreement, "Cause" means any of the
            following:

            (a) Material breach of any of the terms of this Agreement or of the
      Company's or Bank's policies and procedures applicable to employees and/or
      directors;

                                      -7-
<PAGE>

            (b) Conviction of or plea of guilty or nolo contendere to a crime
      involving moral turpitude or involving any violation of securities or
      banking law or regulation, or the issuance of any court or administrative
      order enjoining or prohibiting Employee from violating any such law or
      regulation;

            (c) Receipt of any written criticism of the performance of the
      Employee by any regulatory agency having jurisdiction over the Company or
      the Bank which in the good faith judgment of the Company Board may
      adversely affect the Company, the Bank or any of their affiliates, or has
      irreparably damaged Employee's continued ability to function effectively
      in any of the capacities contemplated by this Agreement;

            (d) Repeated or habitual intoxication with alcohol or drugs while on
      the premises of the Company or the Bank or any of their affiliates, or
      during the performance by Employee of any of his duties hereunder;

            (e) Embezzlement of any property belonging or entrusted to the
      Company or the Bank, or any of their affiliates;

            (f) Willful misconduct or gross neglect of duties, or failure to act
      with respect to duties or actions previously communicated to Employee in
      writing by the Company Board;

            (g) Any other act or omission of kind or nature similar to any of
      the foregoing, or determined in good faith by the Company Board to be of
      comparable seriousness, which in the good faith judgment of the Company
      Board may have adversely affected or may in the future adversely affect
      the Company, the Bank or any of their affiliates, or has irreparably
      damaged Employee's continued ability to function effectively in any of the
      capacities contemplated by this Agreement.

                                      -8-
<PAGE>

            "Change in Control" shall occur if at anytime after the consummation
      of the transactions contemplated by the Stock Purchase Agreement,
      including the sale of shares of Common Stock of the Company and the
      reconstitution of its Board of Directors, whether such transactions occur
      at or after the Closing under the Stock Purchase Agreement:

        i.    Any person or group (as such terms are used in connection with
              Sections 13(d) and 14(d) of the Exchange Act) becomes the
              "beneficial owner" (as defined in Rule 13(d)(3) and 13(d)(5) under
              the Exchange Act), directly or indirectly, of securities of the
              Company representing twenty-five percent (25%) or more of the
              combined voting power of the Company's then outstanding
              securities;

        ii.   A merger, consolidation, sale of assets, reorganization, or proxy
              contest is consummated and, as a consequence of which, members of
              the Company Board in office immediately prior to such transaction
              or event constitute less than a majority of the Board thereafter;

        iii.  During any period of 24 consecutive months, individuals who at the
              beginning of such period constitute the Company Board (including
              for this purpose any new director whose election or nomination for
              election by the Company's stockholders was approved by a vote of
              at least one-half of the directors then still in office who were
              directors at the beginning of such period) cease for any reason to
              constitute at least a majority of the Company Board; or

        iv.   A merger, consolidation or reorganization is consummated with any
              other corporation pursuant to which the shareholders of the
              Company immediately prior to the merger, consolidation or
              reorganization do not immediately thereafter directly or
              indirectly own more than fifty percent (50%) of the combined
              voting power of the voting securities entitled to vote in the
              election of directors of the merged, consolidated or reorganized
              entity.

      Notwithstanding the foregoing, no trust department or designated fiduciary
      or other trustee of such trust department of the Company or a subsidiary
      of the Company, or other similar fiduciary capacity of the Company with
      direct voting control of the stock shall be treated as a person or group
      within the meaning of subsection (i)(a) hereof. Further, no
      profit-sharing, employee stock ownership, employee stock purchase and
      savings, employee pension, or other employee benefit plan of the Company
      or any of its subsidiaries, and no trustee of any such plan in its
      capacity as such trustee, shall be treated as a person or group within the
      meaning of subsection (i)(a) hereof.

      Good Reason" means any of the following occurrences without the written
consent of Employee: (a) the assignment to Employee of any duties inconsistent
with his duties described in Section 1(a) hereof or any removal of Employee from
or any failure to reelect Employee to his

                                      -9-
<PAGE>

positions described in Section 1 hereof, except in connection with promotions to
higher office; provided, that the suspension of Employee from the duties of his
employment and any positions held by him during the pendency of any criminal
proceedings against Employee as to which a conviction would constitute "Cause"
shall not be deemed "Good Reason" so long as during the period of such
suspension the Company continues to pay the base salary and provide the
additional benefits to which Employee is entitled; (b) the Company requiring
that the Employee relocate his principal office to a location twenty-five or
more miles from Bloomfield Hills, Michigan; (c) the material reduction at any
time of the additional benefits theretofore provided to Employee; provided, that
(i) reductions in the actual economic value of additional benefits in accordance
with the objective terms of such additional benefits (e.g., changes in the
amounts of bonus payments from time to time in accordance with the objective
terms of a bonus formula) shall not be deemed a reduction of such additional
benefits for this purpose, and (ii) the replacement of additional benefits with
other new additional benefits having substantially equivalent economic value to
Employee shall not be deemed a reduction of additional benefits for this
purpose; (d) the failure of the Company to pay Employee the base salary and
provide the additional benefits as and when required hereof; or (e) any other
failure of the Company to perform its obligations to Employee hereunder if such
failure continues uncured for ten (10) days after written notice thereof,
specifying the nature of such failure and requesting that it be cured, is given
by Employee to the Company.

      11.   Integration; Amendment. This Agreement contains the entire agreement
of the parties relating to the subject matter hereof and thereof, and together
supersede and replace in their entirety any prior agreements or understandings
concerning such subject matter. This Agreement may not be waived, changed,
modified, extended, or discharged orally, but only by

                                      -10-
<PAGE>

agreement in writing signed in the case of the Company by the Chairman or Vice
Chairman of the Company Board.

      12.   Arbitration. Any controversy, dispute, or claim arising out of or
relating to Employee's employment or to this Agreement or breach thereof shall
be settled by arbitration in accordance with the commercial rules of the
American Arbitration Association at its Southfield, Michigan offices. Judgment
upon any award may be entered in any circuit court or other court having
jurisdiction thereof, without notice to the opposite party or parties. Anything
contained herein to the contrary notwithstanding, this agreement to arbitrate
shall not be deemed to be a waiver of the Company's right to secure equitable
relief including injunction (whether as part of or separate from the arbitration
proceeding) if and when otherwise appropriate.

      13.   Noncompetition and Nonsolitiation. Notwithstanding anything to the
contrary contained elsewhere in this Agreement:

            (a) In view of Employee's importance to the success of the Company
      and the Bank, Employee and the Company agree that the Company and the Bank
      would likely suffer significant harm from Employee's competing with the
      Company or the Bank during Employee's term of employment and for some
      period of time thereafter. Accordingly, Employee agrees that Employee
      shall not engage in competitive activities while employed by the Company
      or the Bank and, in the event Employee's employment is terminated
      voluntarily by Employee or without cause by the Company pursuant to
      Section 8(a)(iv) above, during the Restricted Period. For avoidance of
      doubt, in the event this Employment Agreement is terminated under Section
      8(a)(ii), 8(a)(iii) or 8(a)(v) above, such restriction on competitive
      activities will not apply. Employee shall be deemed to engage in
      competitive activities if he shall, without the prior written consent of

                                      -11-
<PAGE>

      the Company, (i) within a seventy-five (75) mile radius of the main
      office, loan production office or any branch office of the Bank, render
      services directly or indirectly, as an employee, officer, director,
      consultant, advisor, partner or otherwise, for any organization or
      enterprise which competes directly or indirectly with the business of
      Company or any of its affiliates in providing financial products or
      services (including, without limitation, banking, insurance, or securities
      products or services) to consumers and businesses, or (ii) directly or
      indirectly acquires any financial or beneficial interest in (except as
      provided in the next sentence) any organization which conducts or is
      otherwise engaged in a business or enterprise within a seventy-five (75)
      mile radius of the main office, loan production office or any branch
      office of the Bank, which competes directly or indirectly with the
      business of the Company or the Bank or any of their affiliates in
      providing financial products or services (including, without limitation,
      banking, insurance or securities products or services) to consumers and
      businesses. Notwithstanding the preceding sentence, Employee shall not be
      prohibited from owning less than 5 percent of any publicly traded
      corporation whether or not such corporation is in competition with the
      Company. For purposes hereof, the term "Restricted Period" shall equal the
      longer of (y) twelve (12) months, or (z) the period during which Employee
      receives salary and benefits under Section 8(a)(iv) above (as provided in
      Section 9(b)), in each case commencing as of the date of Employee's
      termination of employment.

      14.   Applicable Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of Michigan applicable to contracts made
and to be performed within such State.

                                      -12-
<PAGE>

      15.   Regulatory Approval. The Company and Employee agree to use their
respective best efforts to obtain such approval of bank regulatory authorities
as may be required for the payment of any termination payments as shall be or
become subject to the prior approval of such regulatory authorities in
accordance with the provisions of any statute or regulation applicable to the
Company or any affiliate thereof at the time payment is to be made in accordance
with this Agreement.

      IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first above written.

                                    NORTH COUNTRY FINANCIAL CORPORATION

                                    By /s/ C. James Bess
                                       -----------------------------------------
                                       Its President and Chief Executive Officer

                                    /s/ David Crimmins
                                    --------------------------------------------
                                    David Crimmins

                                      -13-

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