SKY FINANCIAL GROUP INC
SEVENTH AMENDMENT OF THE SKY FINANCIAL GROUP PROFIT SHARING, 401(K) AND ESOP
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<TYPE>EX-10.32
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<DESCRIPTION>SEVENTH AMENDMENT OF THE SKY FINANCIAL GROUP PROFIT SHARING, 401(K) AND ESOP
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<TITLE>Seventh Amendment of the Sky Financial Group Profit Sharing, 401(K) and ESOP</TITLE>
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 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT FACE="Times New Roman" SIZE="2"><B><FONT FACE="ARIAL" SIZE="2" COLOR="#000000">Exhibit 10.32</FONT><FONT FACE="Times New Roman" SIZE="2"
COLOR="#000000"> </FONT></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B><U>S<SMALL>EVENTH</SMALL>
A<SMALL>MENDMENT</SMALL></U><SMALL></SMALL> </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B><U><SMALL>OF</SMALL> <SMALL>THE</SMALL></U><SMALL></SMALL> </B></FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3"><B><U>S<SMALL>KY</SMALL> F<SMALL>INANCIAL</SMALL> G<SMALL>ROUP</SMALL>, I<SMALL>NC</SMALL>. P<SMALL>ROFIT</SMALL> S<SMALL>HARING</SMALL>, 401(K)
<SMALL>AND</SMALL> ESOP P<SMALL>LAN</SMALL></U><SMALL></SMALL> </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman" SIZE="3">(As Amended and Restated Effective January 1, 2004) </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:5%" ALIGN="justify"><FONT FACE="Times New Roman" SIZE="3"><B>W<SMALL>HEREAS</SMALL></B><SMALL><B></B></SMALL><B>,</B>
Sky Financial Group, Inc. (the &#147;Company&#148;) maintains the Sky Financial Group, Inc. Profit Sharing, 401(k) and ESOP Plan (the &#147;Plan&#148;); and </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:5%" ALIGN="justify"><FONT FACE="Times New Roman" SIZE="3"><B>W<SMALL>HEREAS</SMALL></B><SMALL><B></B></SMALL><B>,</B> the Company has delegated authority to amend the Plan to the Sky Financial
Group, Inc. Benefit Plans Committee (the &#147;Committee&#148;), and the Committee has determined that amendment of the Plan is necessary and desirable. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:5%" ALIGN="justify"><FONT FACE="Times New Roman" SIZE="3"><B>N<SMALL>OW</SMALL>, T<SMALL>HEREFORE</SMALL>,</B> pursuant to the power reserved to the Company by Section 10.01 of the Plan, and by
virtue of the authority delegated to the Committee, the Plan, as previously amended, is hereby further amended, effective as of January 1, 2005, by adding the following to the end of the second paragraph of Section 13.14 of the Plan: </FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:5%; text-indent:5%" ALIGN="justify"><FONT FACE="Times New Roman" SIZE="3">&#147;Notwithstanding the foregoing or the
provisions of Section 2.01, no Employee of Meyer &amp; Eckenrode Investments, Inc. will be eligible to receive Profit Sharing Contributions provided for under Section 3.04 of the Plan, unless such Employee is scheduled to become an Employee of Sky
Trust, N.A. on or around January 1, 2006.&#148; </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT FACE="Times New Roman"
SIZE="3">*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;* </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P
STYLE="margin-top:0px;margin-bottom:0px; text-indent:5%" ALIGN="justify"><FONT FACE="Times New Roman" SIZE="3"><B>I<SMALL>N</SMALL> W<SMALL>ITNESS</SMALL> W<SMALL>HEREOF</SMALL>,</B> on behalf of the Committee, the undersigned Committee member has
executed this amendment this <U></U>30<U></U>th day of December 2005. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P><DIV ALIGN="right">
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<TD VALIGN="top" COLSPAN="3"> <P ALIGN="justify"><FONT FACE="Times New Roman" SIZE="3"><B>S<SMALL>KY</SMALL> F<SMALL>INANCIAL</SMALL> G<SMALL>ROUP</SMALL>, I<SMALL>NC</SMALL>.</B></FONT></P></TD></TR>
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<TD VALIGN="top" COLSPAN="3"> <P ALIGN="justify"><FONT FACE="Times New Roman" SIZE="3"><B>B<SMALL>ENEFIT</SMALL> P<SMALL>LANS</SMALL> C<SMALL>OMMITTEE</SMALL></B></FONT></P></TD></TR>
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<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="justify"><FONT FACE="Times New Roman" SIZE="3">By:</FONT></P></TD>
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<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:1.00em; text-indent:-1.00em" ALIGN="justify"><FONT FACE="Times New Roman" SIZE="3">/s/ Thomas A. Sciorilli</FONT></P><HR WIDTH="90%" SIZE="1" NOSHADE COLOR="#000000"
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<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="justify"><FONT FACE="Times New Roman" SIZE="3">Its:</FONT></P></TD>
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<TD VALIGN="bottom"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="justify"><FONT FACE="Times New Roman" SIZE="3">Chief Human Resources Officer</FONT></P></TD></TR>
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