EXHIBIT 10:
A one year consulting arrangement was orally entered into between
Provident Financial Group, Inc. and its former President and Chief
Executive Officer, Xxxxx X. Xxxxx. Under the arrangement, Xx. Xxxxx
will be available for consultation as reasonably required by the
Company to assure a seamless transition of management and to take
advantage of Xx. Xxxxx' extensive banking experience. As compensation,
for such an arrangement, Xx. Xxxxx will receive compensation of
$1 million, payable quarterly in arrears in Company stock or cash at
the discretion of the Company.
