STOCK YARDS BANK AND TRUST COMPANY EXECUTIVE NONQUALIFIED DEFERRED COMPENSATION PLAN EMPLOYER CONTRIBUTION AGREEMENT

Exhibit 10.3

STOCK YARDS BANK AND TRUST COMPANY

EXECUTIVE NONQUALIFIED DEFERRED COMPENSATION PLAN (the "Plan")

EMPLOYER CONTRIBUTION AGREEMENT

The following Participant is hereby made eligible for Employer Credits to the Plan, on the terms set forth herein:

Name: __________________________

Date Employer Credits shall be determined and deemed credited:

As soon as practicable after December 31, 2006 with respect to 2006 Employer Credits, and as soon as practicable after the end of each future calendar year while the Participant is an Active Participant, with respect to each such future year.

Annual amount or formula for Employer Credits:

Restoration Credit. For 2006, provided that the Participant remains employed until December 31, 2006, an amount equal to 8% of all Participant's total compensation as defined in the Employer's 401(k) and Employee Stock Ownership Plan and Trust (the "KSOP") for 2006, without regard to the base salary or the Code Section 401(a)(17) limits thereon, less the compensation actually taken into account for purposes of the KSOP with such limits applied.

For 2007 and future years, provided that the Participant remains employed until December 31, a contribution to make up for the lost opportunity for employer contributions on some portions of pay and dependent on the Employee's actual combined plan deferrals. This amount will be either A or B below:

A.

If that the Participant has, as of January 1 of the year for which a contribution is being calculated, elected to defer as between the KSOP and the Nonqualified Plan (and without regard to any later-in-the-year changes in the KSOP deferral elections), a dollar amount that is at least equal to "A" multiplied by "C", then the Nonqualfied Employer Credit for the year shall be an amount equal to

[(A + B) x C] - D