Exhibit (10)(3)
MANAGEMENT CONTINUITY AGREEMENT
This Management Continuity Agreement ("Agreement") is made and entered into as of this 24th day of
November, 1998, by and between Illini Corporation, an Illinois corporation with an office at 3200 West Iles
Avenue, Springfield, Illinois 62707 (the "Company"), and William B. Littreal whose address is 2819 Cronin
Drive, Springfield, Illinois 62707 (the "Officer").
W I T N E S S E T H
WHEREAS, the Officer is employed by the Company and the Company's subsidiary, Illini Bank, an Illinois
banking corporation (the "Bank"), as an officer of the Company and the Bank, respectively, with the title and
salary current at the date of this Agreement as set forth in this Agreement; and
WHEREAS, the Company wishes to attract and retain highly qualified executives and to achieve this goal it is in
the best interests of the Company and the Bank to secure the continued services of the Officer regardless of a
change in control of the Company; and
WHEREAS, the Company is willing, in order to provide the Officer a measure of security with respect to his
employment with the Company and the Bank in the event of a change in control of the Company so that the
Officer will be in a position to act with respect to a possible change in control of the Company in the best
interests of the Company and its shareholders, without concern as to the Officer's own financial security, and in
order to induce the Officer to remain in employment with the Company and the Bank, to agree that employment
of the Officer shall be terminable only for cause for a limited period after a change in control of the Company.
NOW, THEREFORE, the Company and the Officer agree as follows:
SECTION 1 EMPLOYMENT
1.1 TERM. The Company shall continue to employ the Officer as its Vice President of Operations and
Administration, and shall cause the Bank to continue to employ the Officer as its Vice President of Operations
and the Officer shall remain in employment with the Company and the Bank until D