First Amendment to Lincoln Federal Savings Bank Employee Stock Ownership Plan and Trust Agreement (Effective July 1, 1998)

Summary

This amendment, effective July 1, 1998, modifies the Lincoln Federal Savings Bank Employee Stock Ownership Plan and Trust Agreement. The Bank updates certain plan definitions and contribution limits, including changes to income exclusions and the maximum contribution amount, now set at $30,000 as adjusted by law. The amendment is executed by the Bank's President/CEO and CFO/Secretary/Treasurer.

EX-10.9 5 0005.txt FIRST AMENDMENT TO LINCOLN ESOP AND TRUST Exhibit 10(9) FIRST AMENDMENT TO THE LINCOLN FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST AGREEMENT (EFFECTIVE JULY 1, 1998) Pursuant to rights reserved under Section 9.1 of the Lincoln Federal Savings Bank Employee Stock Ownership Plan and Trust Agreement (the "Plan"), Lincoln Federal Savings Bank (the "Bank") amends the Plan, effective July 1, 1998, as follows: 1. Section 1.37(a)(v) of the Plan is amended to provide, in its entirety, as follows: (v) amount not includible into income by reason of Section 125 or 401(k) of the Code; 2. The last sentence of Section 1.37 is deleted in its entirety. 3. Section 4.3(a)(ii) is amended to provide, in its entirety, as follows: (ii) thirty thousand dollars ($30,000), as adjusted pursuant to Section 415(d). This First Amendment to the Plan has been executed this day of 17 day of August, 1999. LINCOLN FEDERAL SAVINGS BANK By: /s/ T. Tim Unger --------------------------- T. Tim Unger Its: President/CEO Attest: By: /s/ John M. Baer ------------------------------ John M. Baer Its: CFO/Secretary/Treasurer