HIBERNIA CORP
AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT
<DOCUMENT>
<TYPE>EX-10.58
<SEQUENCE>10
<FILENAME>exhibit1058.htm
<DESCRIPTION>AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT
<TEXT>
<html>
<head>
<title>Amendment No. 1 to Agreement By and Between E.R. "BO" Campbell and Hibernia Corporation Long-Term Incentive Plan</title>
</head>
<body>

<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=3>EXHIBIT 10.58 </FONT></H1>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>AMENDMENT NO. 1 TO
AGREEMENT </FONT></P>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>BY AND BETWEEN </FONT></P>

<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>E.R. &#147;BO&#148;
CAMPBELL AND HIBERNIA NATIONAL BANK </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THIS
AMENDMENT NO. 1 to AGREEMENT by and between E.R.&#147;Bo&#148; Campbell and Hibernia
National Bank, is entered into by and between E.R. &#147;Bo&#148; Campbell
(&#147;Executive&#148;) and Hibernia National Bank (&#147;Hibernia&#148;) on the
25<SUP>th</SUP> day of February, 2003. Capitalized terms used herein and not otherwise
defined herein shall have the meaning given to them in the below-defined
&#147;Agreement.&#148; </FONT></P>

<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4>RECITALS </FONT></H1>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS,
Executive and Hibernia are parties to an Agreement entered into as of the 31<SUP>st</SUP>
day of December 1999 pursuant to which Hibernia agreed to employ Executive and Executive
agreed to remain in the employ of Hibernia upon the terms and subject to the conditions of
the Agreement (as the same may be amended, restated, supplemented or otherwise modified
from time to time, the &#147;Agreement&#148;); </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS,
the parties hereto wish to amend the Agreement to provide that the term of the Agreement
will end on February 28, 2003; and </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS,
the parties hereto wish to acknowledge and agree that after February 28, 2003, Executive
will no longer be an employee of Hibernia; </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOW,
THEREFORE, in consideration of the premises set forth above, and for other good and
valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
Hibernia and Executive hereby agree as follows: </FONT></P>

<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=4>AMENDMENT </FONT></H1>

     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          <U>Amendment to the Agreement</U>. Effective as of the date first above written,
          Section 5 of the Agreement shall be and hereby is amended by adding to the end
          of Section 5 the following new sentence: </FONT></P>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
Notwithstanding
anything to the contrary contained herein, the term of this Agreement shall in no event
extend beyond February 28, 2003. </FONT></TD>
</TR>
</TABLE>
<BR>

     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          <U>Agreement of the Parties</U>. The parties hereto acknowledge and agree that
          after February 28, 2003, Executive shall no longer be an employee of Hibernia. </FONT></P>

     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          <U>Reference to and Effect on the Agreement</U>. On and after the date hereof,
          each reference in the Agreement to &#147;this Agreement,&#148;
          &#147;hereunder,&#148; &#147;hereof,&#148; &#147;herein&#148; or words of like
          import shall mean and be a reference to the Agreement as amended hereby. </FONT></P>

     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          <U>Governing Law</U>. This Amendment, and the rights and obligations of the
          parties hereto, shall be governed by and construed in accordance with the laws
          of the State of Louisiana without consideration of the conflict of laws
          provisions thereof. </FONT></P>

     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          <U>Counterparts</U>. This Amendment may be executed in any number of
          counterparts, each of which will be deemed an original, but all of which
          together will constitute one and the same instrument. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN
WITNESS WHEREOF, this Amendment has been duly executed on the month, day and year written
below, but effective as of the date described above. </FONT></P>

<table width=100% border=0>
<tr><td><font face="times new roman, times, serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></td> <td width=50%><font face="times new roman, times, serif" size=2><BR><BR>HIBERNIA CORPORATION&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<BR><BR><BR></font></td></tr>
<tr><td><font face="times new roman, times, serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></td> <td width=50%><font face="times new roman, times, serif" size=2>By:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>/s/ J. Herbert Boydstun</u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td></tr>
<tr><td></td> <td><font face="times new roman, times, serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name:&nbsp;&nbsp;&nbsp;J. Herbert Boydstun</font></td></tr>
<tr><td></td> <td><font face="times new roman, times, serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title:&nbsp;&nbsp;&nbsp;President and Chief Executive Officer</font></td></tr>
<tr><td></td> <td><font face="times new roman, times, serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;February 25, 2003</font></td></tr>
<tr><td></td> <td><font face="times new roman, times, serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td></tr>
<tr><td></td> <td><font face="times new roman, times, serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></td></tr>
<tr><td></td> <td><font face="times new roman, times, serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>/s/&nbsp;&nbsp;E.R.&nbsp;Campbell</u></font></td></tr>
<tr><td></td> <td><font face="times new roman, times, serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E.R. "Bo" Campbell</font></td></tr>
<tr><td></td> <td><font face="times new roman, times, serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;February 25, 2003</font></td></tr>
</table>

</BODY>
</HTML>

</TEXT>
</DOCUMENT>
