[Form of Personalized Policy DescriptionUnder Supplemental Disability Insurance Plan] Personalized Policy Description for: [Name ofExecutive Officer] NetBank, Inc.

Policy I

Policy Number:

Policy Form:

601 Income III Choice, GR

Monthly Benefit Amount:

$3,000.00

MNDA:

2 Year Aggregate

Residual:

To Age 65 Residual

Elimination Period:

180 Days

Benefit Period:

To age 65

Issue Date:

03/01/03

Annual Premium:

$

Policy II

Policy Number:

Policy Form:

601 Income III Choice, GR

Monthly Benefit Amount:

$2,000.00

MNDA:

2 Year Aggregate

Residual:

To Age 65 Residual

Elimination Period:

180 Days

Benefit Period:

To age 65

Issue Date:

03/01/03

Annual Premium:

$