EXHIBIT 10.8

United Bancorp, Inc.
Director Supplemental Life Insurance Plan

UNITED BANCORP, INC.
AND SUBSIDIARIES
DIRECTOR SUPPLEMENTAL LIFE INSURANCE PLAN

EFFECTIVE _______________, 2003

United Bancorp, Inc.
Director Supplemental Life Insurance Plan

UNITED BANCORP, INC.
AND SUBSIDIARIES
DIRECTOR SUPPLEMENTAL LIFE INSURANCE PLAN

Pursuant to due authorization by its Board of Directors, the undersigned, United Bancorp, Inc., an Ohio Corporation located in Martins Ferry, Ohio (the "Company"), did constitute, establish and adopt the following Director Supplemental Life Insurance Plan (the "Plan"), effective ________________, 2003.

The purpose of this Plan is to attract, retain, and reward highly qualified Directors, by dividing the death proceeds of certain life insurance policies which are owned by the Company on the lives of the participating Directors with the designated beneficiary of each insured participating Director. The Company will pay the life insurance premiums from its general assets.

1.1         "Beneficiary" means each designated person, or the estate of a
            deceased Participant, entitled to benefits, if any, upon the death
            of a Participant.

1.2         "Beneficiary Designation Form" means the form established from time
            to time by the Plan Administrator that a Participant completes,
            signs and returns to the Plan Administrator to designate one or more
            Beneficiaries.

1.3         "Board" means the Board of Directors of the Company as from time to
            time constituted.

1.4         "Change of Control" means a change in control of a nature that would
            be required to be reported in response to Item 5(f) of Schedule 14A
            of Regulation 14A promulgated under the Securities Exchange Act of
            1934, as amended (the "Exchange Act"), whether or not the Company is
            then subject to such reporting requirement; provided that, without
            limitation, such a change in control shall be deemed to have
            occurred if (A) any "person" (as such term is used in Sections 13(d)
            and 14(d) of the Exchange Act) is or becomes the "beneficial owner"
            (as defined in Rule 13d-3 under the Exchange Act), directly or
            indirectly, of securities of the Company representing 30% or more of
            the combined voting power of the Company's then outstanding
            securities; (B) during any period of two (2) consecutive years,
            individuals who at the beginning of such period constitute the
            Board, including for this purpose any new director whose election or
            nomination for election by the Company's stockholders was approved
            by a vote of at least two-thirds of the directors then still in
            office who were directors at the beginning of the period, cease for
            any reason to constitute a majority thereof; or (C) the business of
            the Company for which your services are principally performed is
            disposed of by the Company pursuant to a partial or complete
            liquidation of the Company, a sale of assets (including stock of a
            subsidiary) of

         the Company, or otherwise.

1.5      "Company" means United Bancorp, Inc. and any of its subsidiaries (now
         in existence or hereafter formed or acquired) that have been selected
         by the Board to participate in the Plan and have adopted the Plan as a
         sponsor.

1.6      "Director" means an active director of the Board.

1.7      "Disability" means the Participant's suffering a sickness, accident or
         injury which has been determined by the Plan Administrator, in its sole
         and absolute discretion, to render the Participant disabled. Upon the
         request of the Plan Administrator, the Participant must submit to
         reasonable physical examination(s) by a physician chosen by the Plan
         Administrator.

1.8      "Company's Interest" means the benefit set forth in Section 3.2.

1.9      "Election to Participate" means the form required by the Plan
         Administrator of an eligible Director to indicate acceptance of
         participation in this Plan.

1.10     "Insured" means the individual Participant whose life is insured.

1.11     "Insurer" means the insurance company issuing the life insurance policy
         on the life of the Insured.

1.12     "Net Death Proceeds" means the total death proceeds of the Policy minus
         the cash surrender value.

1.13     "Normal Retirement Age" means the Participant attaining age 75.

1.14     "Normal Retirement Date" means the later of the Normal Retirement Age
         or the date of Termination of Service.

1.15     "Participant" means a Director (i) who is selected to participate in
         the Plan, (ii) who elects to participate in the Plan, (iii) who signs
         an Election to Participate and a Beneficiary Designation Form, (iv)
         whose signed Election to Participant and Beneficiary Designation Form
         are accepted by the Plan Administrator, (v) who commences participation
         in the Plan, and (vi) whose Participation has not terminated.

1.16     "Participant's Interest" means the benefit set forth in Section 3.1.

1.17     "Policy" means the individual insurance policy or policies adopted by
         the Plan Administrator for purposes of insuring a Participant's life
         under this Plan.

1.18     "Plan Administrator" means the plan administrator described in Article
         9.

1.19     "Termination of Service" means the termination of Participant's
         service, for any reason, before Normal Retirement Age.

                                    ARTICLE 2
                                  PARTICIPATION

2.1      Selection by Plan Administrator. Participation in the Plan shall be
         limited to those Directors of the Company selected by the Plan
         Administrator, in its sole discretion, to participate in the Plan.

2.2      Enrollment Requirements. As a condition to participation, each selected
         Director shall complete, execute and return to the Plan Administrator
         (i) an Election to Participate, and (ii) a Beneficiary Designation
         Form. In addition, the Plan Administrator shall establish from time to
         time such other enrollment requirements as it determines in its sole
         discretion are necessary.

2.3      Eligibility; Commencement of Participation. Provided a Director
         selected to participate in the Plan has met all enrollment requirements
         set forth in this Plan and required by the Plan Administrator, that
         Director will become a Participant, be covered by the Plan and will be
         eligible to receive benefits at the time and in the manner provided
         hereunder, subject to the provisions of the Plan.

2.4      Termination of Participation. A Participant's rights under this Plan
         shall automatically cease and his or her participation in this Plan
         shall automatically terminate upon Termination of Service prior to
         Normal Retirement Age for reasons other than Disability or within
         twelve (12) months following a Change of Control. In the event that the
         Company decides to maintain the Policy after the Participant's
         termination of participation in the Plan, the Company shall be the
         direct beneficiary of the entire death proceeds of the Policy.

2.5      Disability.

         (a)      Except as otherwise provided in paragraph (b) of this Section
                  2.5, if the Participant's service on the Board is terminated
                  because of the Participant's Disability, the Company shall
                  maintain the Policy in full force and effect and, in no event,
                  shall the Company amend, terminate or otherwise abrogate the
                  Participant's Interest in the Policy. However, the Company may
                  replace the Policy with a comparable insurance policy to cover
                  the benefit provided under this Plan.

         (b)      Notwithstanding the provisions of paragraph (a) of this
                  Section 2.5, upon the disabled Participant's service on the
                  board of directors of any entity that the Plan Administrator,
                  in its sole and absolute discretion, determines to be in
                  competition with the Company, the Company shall have no
                  further obligation to the disabled Participant, and the
                  disabled Participant's rights pursuant to the Plan shall
                  cease.

United Bancorp, Inc.
Director Supplemental Life Insurance Plan

In the event the disabled Participant's rights are terminated hereunder and the Company decides to maintain the Policy, the Company shall be the direct beneficiary of the entire death proceeds of the Policy.

2.6 Retirement. If the Participant remains in the continuous service on the Board, upon the Participant's Normal Retirement Date, the Company shall maintain the Policy in full force and effect and in no event shall the Company amend, terminate or otherwise abrogate the Participant's Interest in the Policy. However, the Company may replace the Policy with a comparable insurance policy to cover the benefit under this Plan.

2.7 Change of Control. If the Participant suffers Termination of Service within twelve (12) months following a Change of Control, the Company shall maintain the Policy in full force and effect and in no event shall the Company amend, terminate or otherwise abrogate the Participant's Interest in the Policy. However, the Company may replace the Policy with a comparable insurance policy to cover the benefit under this Plan.

ARTICLE 3
POLICY OWNERSHIP/INTERESTS

3.1 Participant's Interest. The Participant, or the Participant's assignee, shall have the right to designate the Beneficiary of an amount of death proceeds equal to One Hundred Thousand Dollars ($100,000), not to exceed the Net Death Proceeds, subject to:

(a) Forfeiture of Participant's rights upon Termination of Service;

(b) Termination of the Plan and the corresponding forfeiture of rights for all Participants or any one Participant in accordance with Section 9.1 hereof; and

(c) Forfeiture of the Participant's rights and interest hereunder that the Company may reasonably consider necessary to conform with applicable law (including the Sarbanes-Oxley Act of 2002).

3.2 Company's Interest. The Company shall own the Policy and shall have the right to exercise all incidents of ownership except that the Company shall not sell, surrender or transfer ownership of a Policy so long as a Participant has an interest in the Policy as described in Section
3.1. This provision shall not impair the right of the Company, subject to Article 9, to terminate this Plan. With respect to each Policy, the Company shall be the beneficiary of the remaining death proceeds of the Policy after the Participant's Interest is determined according to
Section 3.1.

ARTICLE 4
PREMIUMS

4.1 Premium Payment. The Company shall pay all premiums due on all Policies.

United Bancorp, Inc.
Director Supplemental Life Insurance Plan

4.2 Economic Benefit. The Plan Administrator shall determine the economic benefit attributable to any Participant based on the amount of the current term rate for the Participant's age multiplied by the aggregate death benefit payable to the Participant's Beneficiary. The "current term rate" is the minimum amount required to be imputed under Internal Revenue Notice 2002-8, or any subsequent applicable authority.

4.3 Imputed Income. The Company shall impute the economic benefit to the Participant on an annual basis, by adding the economic benefit to the Participant's W-2, or if applicable, Form 1099.

ARTICLE 5
BENEFICIARIES

5.1 Beneficiary. Each Participant shall have the right, at any time, to designate a Beneficiary(ies) to receive any benefits payable under the Plan to a beneficiary upon the death of a Participant. The Beneficiary designated under this Plan may be the same as or different from the Beneficiary designation under any other plan of the Company in which the Participant participates.

5.2 Beneficiary Designation; Change. A Participant shall designate a Beneficiary by completing and signing the Beneficiary Designation Form, and delivering it to the Plan Administrator or its designated agent. The Participant's beneficiary designation shall be deemed automatically revoked if the Beneficiary predeceases the Participant or if the Participant names a spouse as Beneficiary and the marriage is subsequently dissolved. A Participant shall have the right to change a Beneficiary by completing, signing and otherwise complying with the terms of the Beneficiary Designation Form and the Plan Administrator's rules and procedures, as in effect from time to time. Upon the acceptance by the Plan Administrator of a new Beneficiary Designation Form, all Beneficiary designations previously filed shall be cancelled. The Plan Administrator shall be entitled to rely on the last Beneficiary Designation Form filed by the Participant and accepted by the Plan Administrator prior to the Participant's death.

5.3 Acknowledgment. No designation or change in designation of a Beneficiary shall be effective until received, accepted and acknowledged in writing by the Plan Administrator or its designated agent.

5.4 No Beneficiary Designation. If the Participant dies without a valid designation of beneficiary, or if all designated Beneficiaries predecease the Participant, then the Participant's surviving spouse shall be the designated Beneficiary. If the Participant has no surviving spouse, the benefits shall be made payable to the personal representative of the Participant's estate.

5.5 Facility of Payment. If the Plan Administrator determines in its discretion that a benefit is to be paid to a minor, to a person declared incompetent, or to a person incapable of handling the disposition of that person's property, the Plan Administrator may direct

United Bancorp, Inc.
Director Supplemental Life Insurance Plan

payment of such benefit to the guardian, legal representative or person having the care or custody of such minor, incompetent person or incapable person. The Plan Administrator may require proof of incompetence, minority or guardianship as it may deem appropriate prior to distribution of the benefit. Any payment of a benefit shall be a payment for the account of the Participant and the Participant's Beneficiary, as the case may be, and shall be a complete discharge of any liability under the Plan for such payment amount.

ARTICLE 6
ASSIGNMENT

Any Participant may irrevocably assign without consideration all or part of such Participant's Interest in this Plan to any person, entity or trust. In the event a Participant shall transfer all or part of such Participant's Interest, then all or part of that Participant's Interest in this Plan shall be vested in his or her transferee, who shall be substituted as a party hereunder, and that Participant shall have no further interest in this Plan.

ARTICLE 7
INSURER

The Insurer shall be bound only by the terms of its given Policy. Any payments the Insurer makes or actions it takes in accordance with a Policy shall fully discharge it from all claims, suits and demands of all persons relating to that Policy. The Insurer shall not be bound by or deemed to have notice of the provisions of this Plan. The Insurer shall have the right to rely on the Plan Administrator's representations with regard to any definitions, interpretations or Policy interests as specified under this Plan.

8.1.1    Initiation - Written Claim. The claimant initiates a claim by
         submitting to the Plan Administrator a written claim for the
         benefits.

8.1.2    Timing of Plan Administrator Response. The Plan Administrator
         shall respond to such claimant within 90 days after receiving
         the claim. If the Plan Administrator determines that special
         circumstances require additional time for processing the
         claim, the Plan Administrator can extend the response period
         by an additional 90 days by notifying the claimant in writing,
         prior to the end of the initial 90-day period, that an
         additional period is required. The notice of extension must
         set forth the special circumstances and the date by which the
         Plan Administrator expects to render its decision.

8.1.3    Notice of Decision. If the Plan Administrator denies part or
         all of the claim, the Plan Administrator shall notify the
         claimant in writing of such denial. The Plan Administrator
         shall write the notification in a manner calculated to be

understood by the claimant. The notification shall set forth:

(a) The specific reasons for the denial;

(b) A reference to the specific provisions of the Plan on which the denial is based;

(c) A description of any additional information or material necessary for the claimant to perfect the claim and an explanation of why it is needed; and

(d) An explanation of the Plan's review procedures and the time limits applicable to such procedures.

8.2 Review Procedure. If the Plan Administrator denies part or all of the claim, the claimant shall have the opportunity for a full and fair review by the Plan Administrator of the denial, as follows:

8.2.1    Initiation - Written Request. To initiate the review, the
         claimant, within 60 days after receiving the Plan
         Administrator's notice of denial, must file with the Plan
         Administrator a written request for review.

8.2.2    Additional Submissions - Information Access. The claimant
         shall then have the opportunity to submit written comments,
         documents, records and other information relating to the
         claim. The Plan Administrator shall also provide the claimant,
         upon request and free of charge, reasonable access to, and
         copies of, all documents, records and other information
         relevant to the claimant's claim for benefits.

8.2.3    Considerations on Review. In considering the review, the Plan
         Administrator shall take into account all materials and
         information the claimant submits relating to the claim,
         without regard to whether such information was submitted or
         considered in the initial benefit determination.

8.2.4    Timing of Plan Administrator's Response. The Plan
         Administrator shall respond in writing to such claimant within
         60 days after receiving the request for review. If the Plan
         Administrator determines that special circumstances require
         additional time for processing the claim, the Plan
         Administrator can extend the response period by an additional
         60 days by notifying the claimant in writing, prior to the end
         of the initial 60-day period, that an additional period is
         required. The notice of extension must set forth the special
         circumstances and the date by which the Plan Administrator
         expects to render its decision.

8.2.5    Notice of Decision. The Plan Administrator shall notify the
         claimant in writing of its decision on review. The Plan
         Administrator shall write the notification in a manner
         calculated to be understood by the claimant. The notification

shall set forth:

(a) The specific reasons for the denial;

(b) A reference to the specific provisions of the Plan on which the denial is based; and

(c) A statement that the claimant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records and other information relevant to the claimant's claim for benefits.

ARTICLE 9
AMENDMENTS AND TERMINATION

9.1 Amendment or Termination of Plan. Except as otherwise provided in Sections 2.5, 2.6, 2.7, and 9.2 or as otherwise agreed to in writing in an Addendum, the Company may amend or terminate this Plan for all Participants or for any Participant at any time prior to a Participant's death. Such amendment or termination shall be by written notice to the Participant(s). In the event that the Company decides to maintain the Policy after the Participant's termination of participation in the Plan, the Company shall be the direct beneficiary of the entire death proceeds of the Policy.

9.2 Amendment or Termination of Plan Upon Change of Control. Notwithstanding the provisions of Section 9.1, in the event of a Change of Control, the Company, or its successor, shall maintain in full force and effect each Policy that is in existence on the date the Change of Control occurs and shall not terminate or otherwise abrogate a Participant's Interest in the Policy. However, the Company may replace the Policy with a comparable insurance policy to cover the benefit provided under this Plan. This Section 9.2 shall apply to all Participants in the Plan on the date the Change of Control occurs, including but not limited to (i) a retired Participant who has an interest in the Plan pursuant to Section 2.6; (ii) a disabled Participant who has an interest in the Plan pursuant to Section 2.5; and (iii) a terminated Participant who has an interest in the Plan pursuant to Section 2.7.

9.3 Option to Purchase Upon Termination. If the Company exercises the right to terminate the Plan or a Participant's participation in the Plan, the Company shall not sell, surrender or transfer ownership of a Policy without first giving a Participant or the Participant's transferee the option to purchase the Policy for a period of sixty (60) days from written notice of such intention. The purchase price shall be an amount equal to the cash surrender value of the Policy.

9.4 Waiver of Participation. A Participant may, in the Participant's sole and absolute

United Bancorp, Inc.
Director Supplemental Life Insurance Plan

discretion, waive his or her rights under the Plan at any time. Any waiver permitted under this Section 9.4 shall be in writing and delivered to the Plan Administrator.

10.1     Plan Administrator Duties. This Plan shall be administered by a Plan
         Administrator which shall consist of the Board, or such committee as
         the Board shall appoint. Members of the Plan Administrator may be
         Participants under this Plan. The Plan Administrator shall also have
         the discretion and authority to (i) make, amend, interpret and enforce
         all appropriate rules and regulations for the administration of this
         Plan and (ii) decide or resolve any and all questions including
         interpretations of this Plan, as may arise in connection with the Plan.

10.2     Agents. In the administration of this Plan, the Plan Administrator may
         employ agents and delegate to them such administrative duties as it
         sees fit, (including acting through a duly appointed representative),
         and may from time to time consult with counsel who may be counsel to
         the Company.

10.3     Binding Effect of Decisions. The decision or action of the Plan
         Administrator with respect to any question arising out of or in
         connection with the administration, interpretation and application of
         the Plan and the rules and regulations promulgated hereunder shall be
         final and conclusive and binding upon all persons having any interest
         in the Plan.

10.4     Indemnity of Plan Administrator. The Company shall indemnify and hold
         harmless the members of the Plan Administrator against any and all
         claims, losses, damages, expenses or liabilities arising from any
         action or failure to act with respect to this Plan, except in the case
         of willful misconduct by the Plan Administrator or any of its members.

10.5     Information. To enable the Plan Administrator to perform its functions,
         the Company shall supply full and timely information to the Plan
         Administrator on all matters relating to the date and circumstances of
         the retirement, Disability, death or Termination of Service of its
         Participants, and such other pertinent information as the Plan
         Administrator may reasonably require.

                                   ARTICLE 11
                                  MISCELLANEOUS

11.1     Binding Effect. This Plan shall bind each Participant and the Company,
         their beneficiaries, survivors, executors, administrators and
         transferees and any Beneficiary.

11.2     No Guarantee Service. This Plan is not a contract. It does not give a
         Participant the right to remain a Director of the Company, nor does it
         interfere with the shareholders' right to terminate the service of a
         Participant. It also does not require a Participant to remain a

         Director nor interfere with a Participant's right to terminate service
         at any time.

11.3     Applicable Law. The Plan and all rights hereunder shall be governed by
         and construed according to the laws of the State of Ohio, except to the
         extent preempted by the laws of the United States of America.

11.4     Reorganization. The Company shall not merge or consolidate into or with
         another company, or reorganize, or sell substantially all of its assets
         to another company, firm or person unless such succeeding or continuing
         company, firm or person agrees to assume and discharge the obligations
         of the Company under this Plan. Upon the occurrence of such event, the

term "Company" as used in this Plan shall be deemed to refer to the successor or survivor company.

11.5     Notice. Any notice or filing required or permitted to be given to the
         Plan Administrator under this Plan shall be sufficient if in writing
         and hand-delivered, or sent by registered or certified mail, to the
         address below:

                                   United Bancorp, Inc

                                   Attention CEO

                                   201 S. 4th Street, P.O. Box 10

                                   Martins Ferry OH 43935

         Such notice shall be deemed given as of the date of delivery or, if
         delivery is made by mail, as of the date shown on the postmark or the
         receipt for registration or certification.

         Any notice or filing required or permitted to be given to a Participant
         under this Plan shall be sufficient if in writing and hand-delivered,
         or sent by mail, to the last known address of the Participant.

11.6     Entire Agreement. This Plan, along with a Participant's Election to
         Participate, Beneficiary Designation Form and any Addendum, constitute
         the entire agreement between the Company and the Participant as to the
         subject matter hereof. No rights are granted to the Participant under
         this Plan other than those specifically set forth herein.

      IN WITNESS WHEREOF, the Company executes this Plan as of the date

indicated above.

United Bancorp, Inc.

By ___________________________________

Title ________________________________

ELECTION TO PARTICIPATE

I, _____________________________, a Director designated as set forth in Article 2 of the United Bancorp, Inc. Director Supplemental Life Insurance Plan (the "Plan") dated ___________________________, hereby elect to become a Participant of this Plan according to Article 2 of the Plan.

Additionally, I acknowledge that I have read the Plan document and agree to be bound by its terms.

Executed this _____________ day of ____________________, 2003.

United Bancorp, Inc.
Director Supplemental Life Insurance Plan

I designate the following as Beneficiary of benefits under this Plan payable following my death.

Primary: _______________________________________________________________________

Contingent: __________________________________________________________________

NOTE: TO NAME A TRUST AS BENEFICIARY, PLEASE PROVIDE THE NAME OF THE TRUSTEE(S) AND THE EXACT NAME AND DATE OF THE TRUST AGREEMENT.

I understand that I may change these designations of beneficiary by filing a new written designation with the Plan Administrator. I further understand that the designations will be automatically revoked if the Beneficiary predeceases me, or, if I have named my spouse as beneficiary and our marriage is subsequently dissolved.

PRINTED NAME: ______________________________

SIGNATURE: ______________________________

DATE: ______________________________

Acknowledged by the Plan Administrator this ________ day of ___________________, 20____

By ___________________________________

Title ________________________________

EXHIBIT 10.9

United Bancorp, Inc.
Senior Executive Supplemental Life Insurance Plan

UNITED BANCORP, INC.
AND SUBSIDIARIES
SENIOR EXECUTIVE SUPPLEMENTAL LIFE INSURANCE PLAN

EFFECTIVE _______________, 2003

United Bancorp, Inc.
Senior Executive Supplemental Life Insurance Plan

UNITED BANCORP, INC.
AND SUBSIDIARIES
SENIOR EXECUTIVE SUPPLEMENTAL LIFE INSURANCE PLAN

Pursuant to due authorization by its Board of Directors, the undersigned, United Bancorp, Inc., an Ohio Corporation located in Martins Ferry, Ohio (the "Company"), did constitute, establish and adopt the following Senior Executive Supplemental Life Insurance Plan (the "Plan"), effective ___________, 2003.

The purpose of this Plan is to attract, retain, and reward highly qualified Executives, by dividing the death proceeds of certain life insurance policies which are owned by the Company on the lives of the participating Executives with the designated beneficiary of each insured participating Executive. The Company will pay the life insurance premiums from its general assets.

1.1         "Beneficiary" means each designated person, or the estate of a
            deceased Participant, entitled to benefits, if any, upon the death
            of a Participant.

1.2         "Beneficiary Designation Form" means the form established from time
            to time by the Plan Administrator that a Participant completes,
            signs and returns to the Plan Administrator to designate one or more
            Beneficiaries.

1.3         "Board" means the Board of Directors of the Company as from time to
            time constituted.

1.4         "Change of Control" means a change in control of a nature that would
            be required to be reported in response to Item 5(f) of Schedule 14A
            of Regulation 14A promulgated under the Securities Exchange Act of
            1934, as amended (the "Exchange Act"), whether or not the Company is
            then subject to such reporting requirement; provided that, without
            limitation, such a change in control shall be deemed to have
            occurred if (A) any "person" (as such term is used in Sections 13(d)
            and 14(d) of the Exchange Act) is or becomes the "beneficial owner"
            (as defined in Rule 13d-3 under the Exchange Act), directly or
            indirectly, of securities of the Company representing 30% or more of
            the combined voting power of the Company's then outstanding
            securities; (B) during any period of two (2) consecutive years,
            individuals who at the beginning of such period constitute the
            Board, including for this purpose any new director whose election or
            nomination for election by the Company's stockholders was approved
            by a vote of at least two-thirds of the directors then still in
            office who were directors at the beginning of the period, cease for
            any reason to constitute a majority thereof; or (C) the business of
            the Company for which your services are principally performed is
            disposed of by the Company pursuant to a partial or complete
            liquidation of the Company, a sale of assets (including stock of a
            subsidiary) of

         the Company, or otherwise.

1.5      "Company" means United Bancorp, Inc. and any of its subsidiaries (now
         in existence or hereafter formed or acquired) that have been selected
         by the Board to participate in the Plan and have adopted the Plan as a
         sponsor.

1.6      "Disability" means the Participant's suffering a sickness, accident or
         injury which has been determined by the insurance carrier of any
         individual or group disability insurance policy covering the
         Participant, or by the Social Security Administration, to be a
         disability rendering the Participant totally and permanently disabled.
         Upon the request of the Plan Administrator, the Participant must submit
         proof to the Plan Administrator of the insurance carrier's or Social
         Security Administration's determination.

1.7      "Company's Interest" means the benefit set forth in Section 3.2.

1.8      "Compensation" means the total base annual salary of the Participant at
         the earliest of: (i) the date of the Participant's death; (ii) the date
         of the Participant's Disability; (iii) the date of the Participant's
         Involuntary Termination of Employment within twelve (12) months
         following a Change of Control; or (iv) the Participant's Normal
         Retirement Date.

1.9      "Election to Participate" means the form required by the Plan
         Administrator of an eligible Executive to indicate acceptance of
         participation in this Plan.

1.10     "Executive" means an active employee of the Company.

1.11     "Insured" means the individual Participant whose life is insured.

1.12     "Insurer" means the insurance company issuing the life insurance policy
         on the life of the Insured.

1.13     "Involuntary Termination of Employment" means:

         (a)      The Participant is notified in writing that the Board has
                  terminated the Participant's employment for reasons other than
                  Termination for Cause; or

         (b)      The assignment of any duties inconsistent with the
                  Participant's status as an Executive or a substantial
                  alteration in the nature or status of responsibilities from
                  those in effect immediately prior to a Change of Control; or

         (c)      A reduction by the Company in annual base salary of the
                  Participant as in effect on the date of the Participant's
                  Election to Participate or as the same may be increased from
                  time to time except for across-the-board salary reductions
                  similarly affecting all Executives of the Company and all
                  Executives of any person in control of the Company; or

         (d)      The relocation of the Participant's offices to a location more
                  than fifty (50) miles from their location in effect on the
                  date of the Participant's Election to Participate; or

         (e)      The failure by the Company to continue in effect any current
                  compensation plan or program in which the Participant
                  participates, or any substitute plans adopted prior to the
                  Change of Control, unless an equitable arrangement (embodied
                  in an ongoing substitute or alternative plan) has been made
                  with respect to each such plan in connection with the Change
                  of Control, or the failure by the Company to continue the
                  Participant's participation therein; or

         (f)      The failure by the Company to continue to provide benefits
                  substantially similar to those enjoyed under any of the
                  Company's pension, life insurance, medical, health and
                  accident, or disability plans in which the Participant was
                  participating at the time of a Change of Control, the taking
                  of any action by the Company which would directly or
                  indirectly materially reduce any of such benefits or deprive
                  the Participant of any material fringe benefit enjoyed by the
                  Participant at the time of the Change of Control, or the
                  failure by the Company to provide the number of paid vacation
                  days on the basis of Years of Service with the Company in
                  accordance with the Company's normal vacation policy in effect
                  at the time of the Change of Control; or

         (g)      The failure of the Company to obtain a satisfactory agreement
                  from any successor to assume and agree to perform this Plan,
                  as contemplated in Section 11.4.

1.14     "Net Death Proceeds" means the total death proceeds of the Policy minus
         the cash surrender value.

1.15     "Normal Retirement Age" means the Participant attaining age 65.

1.16     "Normal Retirement Date" means the later of the Normal Retirement Age
         or the date of Termination of Employment for any reason other than
         Termination for Cause or within twelve (12) months following Change of
         Control.

1.17     "Participant" means an Executive (i) who is selected to participate in
         the Plan, (ii) who elects to participate in the Plan, (iii) who signs
         an Election to Participate and a Beneficiary Designation Form, (iv)
         whose signed Election to Participant and Beneficiary Designation Form
         are accepted by the Plan Administrator, (v) who commences participation
         in the Plan, and (vi) whose Participation has not terminated.

1.18     "Participant's Interest" means the benefit set forth in Section 3.1.

1.19     "Policy" means the individual insurance policy or policies adopted by
         the Plan Administrator for purposes of insuring a Participant's life
         under this Plan.

1.20     "Plan Administrator" means the plan administrator described in Article
         9.

1.21     "Termination of Employment" means the termination of Participant's
         service before Normal Retirement Age for reasons other than (i) death;
         (ii) Disability; (iii) Involuntary Termination of Employment within
         twelve months (12) following a Change of Control; or (iv) a leave of
         absence approved by the Company.

1.22     "Termination for Cause" means that the Participant's employment with
         the Company has been or is terminated by the Board for any of the
         following reasons:

         (a)      Gross negligence or gross neglect of duties; or

         (b)      Commission of a felony or of a gross misdemeanor involving
                  moral turpitude; or

         (c)      Fraud, disloyalty, dishonesty or willful violation of any law
                  or significant Company policy committed in connection with the
                  Participant's employment and resulting in an adverse effect on
                  the Company; or

         (d)      Issuance by the Company's banking regulators of an order for
                  removal of the Participant.

1.23     "Vesting Schedule" schedule applies to the post-Normal Retirement Age

benefit only and shall be as follows:

                                                        PERCENTAGE
         Years of Service                               OF VESTING
Less than 10 Years of Service                              50%
At Least 10 Years of Service but less than 20 Years        75%
20 Years or More                                          100%

1.24     "Years of Service" means the total number of years in which the
         Participant was or is employed by the Company for at 1,000 hours in any
         calendar year.

                                    ARTICLE 2
                                  PARTICIPATION

2.1      Selection by Plan Administrator. Participation in the Plan shall be
         limited to those Executives of the Company selected by the Plan
         Administrator, in its sole discretion, to participate in the Plan.

2.2      Enrollment Requirements. As a condition to participation, each selected
         Executive shall complete, execute and return to the Plan Administrator
         (i) an Election to Participate, and (ii) a Beneficiary Designation
         Form. In addition, the Plan Administrator shall establish from time to
         time such other enrollment requirements as it determines in its sole
         discretion are necessary.

United Bancorp, Inc.
Senior Executive Supplemental Life Insurance Plan

2.3 Eligibility; Commencement of Participation. Provided an Executive selected to participate in the Plan has met all enrollment requirements set forth in this Plan and required by the Plan Administrator, that Executive will become a Participant, be covered by the Plan and will be eligible to receive benefits at the time and in the manner provided hereunder, subject to the provisions of the Plan.

2.4 Termination of Participation. A Participant's rights under this Plan shall automatically cease and his or her participation in this Plan shall automatically terminate, if either of the following events occur:
(i) if there is a Termination for Cause; or (ii) if the Participant's employment with the Company is terminated prior to Normal Retirement Age for reasons other than Disability (except as set forth in Section 2.5(b)), Involuntary Termination of Employment within twelve (12) months following a Change of Control, or a leave of absence approved by the Company. In the event that the Company decides to maintain the Policy after the Participant's termination of participation in the Plan, the Company shall be the direct beneficiary of the entire death proceeds of the Policy.

2.5 Disability.

(a) Except as otherwise provided in paragraph (b) of this Section 2.5, if the Participant's employment with the Company is terminated because of the Participant's Disability, the Company shall maintain the Policy in full force and effect and, in no event, shall the Company amend, terminate or otherwise abrogate the Participant's Interest in the Policy. However, the Company may replace the Policy with a comparable insurance policy to cover the benefit provided under this Plan.

(b) Notwithstanding the provisions of paragraph (a) of this
Section 2.5, upon the disabled Participant's gainful employment with an entity other than the Company, the Company shall have no further obligation to the disabled Participant, and the disabled Participant's rights pursuant to the Plan shall cease. In the event the disabled Participant's rights are terminated hereunder and the Company decides to maintain the Policy, the Company shall be the direct beneficiary of the entire death proceeds of the Policy.

2.6 Retirement. If the Participant remains in the continuous employ of the Company, upon the Participant's Normal Retirement Date, the Company shall maintain the Policy in full force and effect and in no event shall the Company amend, terminate or otherwise abrogate the Participant's Interest in the Policy. However, the Company may replace the Policy with a comparable insurance policy to cover the benefit under this Plan.

2.7 Change of Control. If the Participant suffers Involuntary Termination of Employment within twelve (12) months following a Change of Control, the Company shall maintain the Policy in full force and effect and in no event shall the Company amend, terminate or otherwise abrogate the Participant's Interest in the Policy. However, the Company may

United Bancorp, Inc.
Senior Executive Supplemental Life Insurance Plan

replace the Policy with a comparable insurance policy to cover the benefit under this Plan.

ARTICLE 3
POLICY OWNERSHIP/INTERESTS

3.1 Participant's Interest. The Participant, or the Participant's assignee, shall have the right to designate the Beneficiary of an amount of death proceeds equal to four (4) times Compensation, not to exceed the Net Death Proceeds, subject to:

(a) Forfeiture of Participant's rights upon Termination of Employment;

(b) Forfeiture of Participant's rights upon Termination for Cause;

(c) Reduction based on the Vesting Schedule upon (i) retirement on or after Normal Retirement Age or (ii) attaining Normal Retirement Age while disabled;

(d) Termination of the Plan and the corresponding forfeiture of rights for all Participants or any one Participant in accordance with Section 9.1 hereof; and

(e) Forfeiture of the Participant's rights and interest hereunder that the Company may reasonably consider necessary to conform with applicable law (including the Sarbanes-Oxley Act of 2002).

3.2 Company's Interest. The Company shall own the Policy and shall have the right to exercise all incidents of ownership except that the Company shall not sell, surrender or transfer ownership of a Policy so long as a Participant has an interest in the Policy as described in Section
3.1. This provision shall not impair the right of the Company, subject to Article 9, to terminate this Plan. With respect to each Policy, the Company shall be the beneficiary of the remaining death proceeds of the Policy after the Participant's Interest is determined according to
Section 3.1.

ARTICLE 4
PREMIUMS

4.1 Premium Payment. The Company shall pay all premiums due on all Policies.

4.2 Economic Benefit. The Plan Administrator shall determine the economic benefit attributable to any Participant based on the amount of the current term rate for the Participant's age multiplied by the aggregate death benefit payable to the Participant's Beneficiary. The "current term rate" is the minimum amount required to be imputed under Internal Revenue Notice 2002-8, or any subsequent applicable authority.

4.3 Imputed Income. The Company shall impute the economic benefit to the Participant on

United Bancorp, Inc.
Senior Executive Supplemental Life Insurance Plan

an annual basis, by adding the economic benefit to the Participant's W-2, or if applicable, Form 1099.

ARTICLE 5
BENEFICIARIES

5.1 Beneficiary. Each Participant shall have the right, at any time, to designate a Beneficiary(ies) to receive any benefits payable under the Plan to a beneficiary upon the death of a Participant. The Beneficiary designated under this Plan may be the same as or different from the Beneficiary designation under any other plan of the Company in which the Participant participates.

5.2 Beneficiary Designation; Change. A Participant shall designate a Beneficiary by completing and signing the Beneficiary Designation Form, and delivering it to the Plan Administrator or its designated agent. The Participant's beneficiary designation shall be deemed automatically revoked if the Beneficiary predeceases the Participant or if the Participant names a spouse as Beneficiary and the marriage is subsequently dissolved. A Participant shall have the right to change a Beneficiary by completing, signing and otherwise complying with the terms of the Beneficiary Designation Form and the Plan Administrator's rules and procedures, as in effect from time to time. Upon the acceptance by the Plan Administrator of a new Beneficiary Designation Form, all Beneficiary designations previously filed shall be cancelled. The Plan Administrator shall be entitled to rely on the last Beneficiary Designation Form filed by the Participant and accepted by the Plan Administrator prior to the Participant's death.

5.3 Acknowledgment. No designation or change in designation of a Beneficiary shall be effective until received, accepted and acknowledged in writing by the Plan Administrator or its designated agent.

5.4 No Beneficiary Designation. If the Participant dies without a valid designation of beneficiary, or if all designated Beneficiaries predecease the Participant, then the Participant's surviving spouse shall be the designated Beneficiary. If the Participant has no surviving spouse, the benefits shall be made payable to the personal representative of the Participant's estate.

5.5 Facility of Payment. If the Plan Administrator determines in its discretion that a benefit is to be paid to a minor, to a person declared incompetent, or to a person incapable of handling the disposition of that person's property, the Plan Administrator may direct payment of such benefit to the guardian, legal representative or person having the care or custody of such minor, incompetent person or incapable person. The Plan Administrator may require proof of incompetence, minority or guardianship as it may deem appropriate prior to distribution of the benefit. Any payment of a benefit shall be a payment for the account of the Participant and the Participant's Beneficiary, as the case may be, and shall be a complete discharge of any liability under the Plan for such payment amount.

United Bancorp, Inc.
Senior Executive Supplemental Life Insurance Plan

ARTICLE 6
ASSIGNMENT

Any Participant may irrevocably assign without consideration all or part of such Participant's Interest in this Plan to any person, entity or trust. In the event a Participant shall transfer all or part of such Participant's Interest, then all or part of that Participant's Interest in this Plan shall be vested in his or her transferee, who shall be substituted as a party hereunder, and that Participant shall have no further interest in this Plan.

ARTICLE 7
INSURER

The Insurer shall be bound only by the terms of its given Policy. Any payments the Insurer makes or actions it takes in accordance with a Policy shall fully discharge it from all claims, suits and demands of all persons relating to that Policy. The Insurer shall not be bound by or deemed to have notice of the provisions of this Plan. The Insurer shall have the right to rely on the Plan Administrator's representations with regard to any definitions, interpretations or Policy interests as specified under this Plan.

8.1.1    Initiation - Written Claim. The claimant initiates a claim by
         submitting to the Plan Administrator a written claim for the
         benefits.

8.1.2    Timing of Plan Administrator Response. The Plan Administrator
         shall respond to such claimant within 90 days after receiving
         the claim. If the Plan Administrator determines that special
         circumstances require additional time for processing the
         claim, the Plan Administrator can extend the response period
         by an additional 90 days by notifying the claimant in writing,
         prior to the end of the initial 90-day period, that an
         additional period is required. The notice of extension must
         set forth the special circumstances and the date by which the
         Plan Administrator expects to render its decision.

8.1.3    Notice of Decision. If the Plan Administrator denies part or
         all of the claim, the Plan Administrator shall notify the
         claimant in writing of such denial. The Plan Administrator
         shall write the notification in a manner calculated to be

understood by the claimant. The notification shall set forth:

(a) The specific reasons for the denial;

United Bancorp, Inc.
Senior Executive Supplemental Life Insurance Plan

(b) A reference to the specific provisions of the Plan on which the denial is based;

(c) A description of any additional information or material necessary for the claimant to perfect the claim and an explanation of why it is needed;

(d) An explanation of the Plan's review procedures and the time limits applicable to such procedures; and

(e) A statement of the claimant's right to bring a civil action under ERISA Section 502(a) following an adverse benefit determination on review.

8.2 Review Procedure. If the Plan Administrator denies part or all of the claim, the claimant shall have the opportunity for a full and fair review by the Plan Administrator of the denial, as follows:

8.2.1    Initiation - Written Request. To initiate the review, the
         claimant, within 60 days after receiving the Plan
         Administrator's notice of denial, must file with the Plan
         Administrator a written request for review.

8.2.2    Additional Submissions - Information Access. The claimant
         shall then have the opportunity to submit written comments,
         documents, records and other information relating to the
         claim. The Plan Administrator shall also provide the claimant,
         upon request and free of charge, reasonable access to, and
         copies of, all documents, records and other information
         relevant (as defined in applicable ERISA regulations) to the
         claimant's claim for benefits.

8.2.3    Considerations on Review. In considering the review, the Plan
         Administrator shall take into account all materials and
         information the claimant submits relating to the claim,
         without regard to whether such information was submitted or
         considered in the initial benefit determination.

8.2.4    Timing of Plan Administrator's Response. The Plan
         Administrator shall respond in writing to such claimant within
         60 days after receiving the request for review. If the Plan
         Administrator determines that special circumstances require
         additional time for processing the claim, the Plan
         Administrator can extend the response period by an additional
         60 days by notifying the claimant in writing, prior to the end
         of the initial 60-day period, that an additional period is
         required. The notice of extension must set forth the special
         circumstances and the date by which the Plan Administrator
         expects to render its decision.

8.2.5    Notice of Decision. The Plan Administrator shall notify the
         claimant in writing of its decision on review. The Plan
         Administrator shall write the notification in a manner
         calculated to be understood by the claimant. The notification

shall set forth:

United Bancorp, Inc.
Senior Executive Supplemental Life Insurance Plan

(a) The specific reasons for the denial;

(b) A reference to the specific provisions of the Plan on which the denial is based;

(c) A statement that the claimant is entitled to receive, upon request and free of charge, reasonable access to, and copies of, all documents, records and other information relevant (as defined in applicable ERISA regulations) to the claimant's claim for benefits; and

(d) A statement of the claimant's right to bring a civil action under ERISA Section 502(a).

ARTICLE 9
AMENDMENTS AND TERMINATION

9.1 Amendment or Termination of Plan. Except as otherwise provided in Sections 2.5, 2.6, 2.7, and 9.2 or as otherwise agreed to in writing in an Addendum, the Company may amend or terminate this Plan for all Participants or for any Participant at any time prior to a Participant's death. Such amendment or termination shall be by written notice to the Participant(s). In the event that the Company decides to maintain the Policy after the Participant's termination of participation in the Plan, the Company shall be the direct beneficiary of the entire death proceeds of the Policy.

9.2 Amendment or Termination of Plan Upon Change of Control. Notwithstanding the provisions of Section 9.1, in the event of a Change of Control, the Company, or its successor, shall maintain in full force and effect each Policy that is in existence on the date the Change of Control occurs and shall not terminate or otherwise abrogate a Participant's Interest in the Policy. However, the Company may replace the Policy with a comparable insurance policy to cover the benefit provided under this Plan. This Section 9.2 shall apply to all Participants in the Plan on the date the Change of Control occurs, including but not limited to (i) a retired Participant who has an interest in the Plan pursuant to Section 2.6; (ii) a disabled Participant who has an interest in the Plan pursuant to Section 2.5; and (iii) a terminated Participant who has an interest in the Plan pursuant to Section 2.7.

9.3 Option to Purchase Upon Termination. If the Company exercises the right to terminate the Plan or a Participant's participation in the Plan, the Company shall not sell, surrender or transfer ownership of a Policy without first giving a Participant or the Participant's transferee the option to purchase the Policy for a period of sixty (60) days from written notice of such intention. The purchase price shall be an amount equal to the cash surrender value of the Policy.

9.4 Waiver of Participation. A Participant may, in the Participant's sole and absolute

United Bancorp, Inc.
Senior Executive Supplemental Life Insurance Plan

discretion, waive his or her rights under the Plan at any time. Any waiver permitted under this Section 9.4 shall be in writing and delivered to the Plan Administrator.

10.1     Plan Administrator Duties. This Plan shall be administered by a Plan
         Administrator which shall consist of the Board, or such committee as
         the Board shall appoint. Members of the Plan Administrator may be
         Participants under this Plan. The Plan Administrator shall also have
         the discretion and authority to (i) make, amend, interpret and enforce
         all appropriate rules and regulations for the administration of this
         Plan and (ii) decide or resolve any and all questions including
         interpretations of this Plan, as may arise in connection with the Plan.

10.2     Agents. In the administration of this Plan, the Plan Administrator may
         employ agents and delegate to them such administrative duties as it
         sees fit, (including acting through a duly appointed representative),
         and may from time to time consult with counsel who may be counsel to
         the Company.

10.3     Binding Effect of Decisions. The decision or action of the Plan
         Administrator with respect to any question arising out of or in
         connection with the administration, interpretation and application of
         the Plan and the rules and regulations promulgated hereunder shall be
         final and conclusive and binding upon all persons having any interest
         in the Plan.

10.4     Indemnity of Plan Administrator. The Company shall indemnify and hold
         harmless the members of the Plan Administrator against any and all
         claims, losses, damages, expenses or liabilities arising from any
         action or failure to act with respect to this Plan, except in the case
         of willful misconduct by the Plan Administrator or any of its members.

10.5     Information. To enable the Plan Administrator to perform its functions,
         the Company shall supply full and timely information to the Plan
         Administrator on all matters relating to the Compensation of its
         Participants, the date and circumstances of the retirement, Disability,
         death or Termination of Employment of its Participants, and such other
         pertinent information as the Plan Administrator may reasonably require.

                                   ARTICLE 11
                                  MISCELLANEOUS

11.1     Binding Effect. This Plan shall bind each Participant and the Company,
         their beneficiaries, survivors, executors, administrators and
         transferees and any Beneficiary.

11.2     No Guarantee of Employment. This Plan is not an employment policy or
         contract. It does not give a Participant the right to remain an
         Executive of the Company, nor does it interfere with the Company's
         right to discharge a Participant. It also does not require a

         Participant to remain an Executive nor interfere with a Participant's
         right to terminate employment at any time.

11.3     Applicable Law. The Plan and all rights hereunder shall be governed by
         and construed according to the laws of the State of Ohio, except to the
         extent preempted by the laws of the United States of America.

11.4     Reorganization. The Company shall not merge or consolidate into or with
         another company, or reorganize, or sell substantially all of its assets
         to another company, firm or person unless such succeeding or continuing
         company, firm or person agrees to assume and discharge the obligations
         of the Company under this Plan. Upon the occurrence of such event, the

term "Company" as used in this Plan shall be deemed to refer to the successor or survivor company.

11.5     Notice. Any notice or filing required or permitted to be given to the
         Plan Administrator under this Plan shall be sufficient if in writing
         and hand-delivered, or sent by registered or certified mail, to the
         address below:

                                  United Bancorp, Inc

                                  Attention CEO

                                  201 S. 4th Street, P.O. Box 10

                                  Martins Ferry OH 43935

         Such notice shall be deemed given as of the date of delivery or, if
         delivery is made by mail, as of the date shown on the postmark or the
         receipt for registration or certification.

         Any notice or filing required or permitted to be given to a Participant
         under this Plan shall be sufficient if in writing and hand-delivered,
         or sent by mail, to the last known address of the Participant.

11.6     Entire Agreement. This Plan, along with a Participant's Election to
         Participate, Beneficiary Designation Form and any Addendum, constitute
         the entire agreement between the Company and the Participant as to the
         subject matter hereof. No rights are granted to the Participant under
         this Plan other than those specifically set forth herein.

      IN WITNESS WHEREOF, the Company executes this Plan as of the date

indicated above.

United Bancorp, Inc.

By ________________________________

Title _____________________________

United Bancorp. Inc.
Senior Executive Supplemental Life Insurance Plan

ELECTION TO PARTICIPATE

I, __________________________________________, an Executive designated as set forth in Article 2 of the United Bancorp, Inc. Senior Executive Supplemental Life Insurance Plan (the "Plan") dated ___________________________, hereby elect to become a Participant of this Plan according to Article 2 of the Plan.

Additionally, I acknowledge that I have read the Plan document and agree to be bound by its terms.

Executed this _____________ day of ____________________, 2003.

United Bancorp. Inc.
Senior Executive Supplemental Life Insurance Plan
BENEFICIARY DESIGNATION FORM

I designate the following as Beneficiary of benefits under this Plan payable following my death.

Primary: _______________________________________________________________________

Contingent: ____________________________________________________________________

NOTE: TO NAME A TRUST AS BENEFICIARY, PLEASE PROVIDE THE NAME OF THE TRUSTEE(S) AND THE EXACT NAME AND DATE OF THE TRUST AGREEMENT.

I understand that I may change these designations of beneficiary by filing a new written designation with the Plan Administrator. I further understand that the designations will be automatically revoked if the Beneficiary predeceases me, or, if I have named my spouse as beneficiary and our marriage is subsequently dissolved.

PRINTED NAME: ______________________________

SIGNATURE: ______________________________

DATE: ________________

Acknowledged by the Plan Administrator this ________ day of ___________________, 20___

By ___________________________________

Title ________________________________

ADDENDUM #1
UNITED BANCORP, INC.
AND SUBSIDIARIES
SENIOR EXECUTIVE SUPPLEMENTAL LIFE INSURANCE PLAN

This Addendum is made this ____ day of _____________ 200__, by and between United Bancorp, Inc., an Ohio Corporation located in Martins Ferry, Ohio (the "Company"), and _________________ (Executive):

Whereas the Company did constitute, establish and adopt the Senior Executive Supplemental Life Insurance Plan (the "Plan"), effective ________________, 2003; and

Whereas, Executive is a Participant in the Plan; and

Whereas, the Company desires to make a modification to the terms of the Plan as such applies to Executive:

Now Therefore for valuable consideration the parties agree to the terms of this Addendum:

Paragraph 2.4 and 9.1 of the Plan are hereby modified as applied solely to Executive and the following shall be effective:

2.4 Termination of Participation. Participant's rights under this Plan shall automatically cease and his or her participation in this Plan shall automatically terminate if there is a Termination for Cause. In the event that the Company decides to maintain the Policy after the Participant's Termination of Participation in the Plan, the Company shall be the direct beneficiary of the entire death proceeds of the Policy.

9.1 Amendment or Termination of Plan. Except as provided in paragraph 2.4 hereof, the Company may not amend or terminate this Plan or Participant's Interest in the plan at any time prior to a Participant's death.

EXECUTIVE:                                  OWNER:

                                            UNITED BANCORP, INC.

_______________________________             BY: ________________________________
<PARTICIPANT>                               TITLE: _____________________________

EXHIBIT 10.10

UNITED BANCORP, INC. AND
UNITED BANCORP, INC. AFFILIATE BANKS DIRECTORS
DEFERRED COMPENSATION PLAN

Section 1 - THE PLAN. United Bancorp, Inc. hereby establishes a deferred compensation plan to be known and described as "United Bancorp, Inc. and United Bancorp, Inc. Affiliate Banks Directors Deferred Compensation Plan." The Plan is an unfunded deferred compensation plan, and it is the intention of the parties that the arrangements herein set forth be unfunded for tax purposes and for purposes of Title I of ERISA. Amounts deferred pursuant to the Plan shall remain unrestricted assets, at all times, of the Corporation. Participants in the Plan have the status of general unsecured creditors of the Corporation, and the Plan constitutes a mere promise by the Corporation to make benefit payments in the future.

Section 2 - DEFINITIONS. As used herein, the terms hereinafter set forth shall be construed as follows:

(a) The terms "Plan" shall mean the United Bancorp, Inc. and United Bancorp, Inc. Affiliate Banks Directors Deferred Compensation Plan.

(b) The term "Corporation" shall mean United Bancorp, Inc. and each wholly-owned subsidiary of United Bancorp, Inc. which adopts the Plan on behalf of its Directors and establishes accounts for the benefit of such Directors

(c) The term "Board of Directors" and the term "Board" shall mean the Board of Directors of the Corporation (exclusive of Honorary Directors).

(d) The term "Director" shall mean a duly elected member of the Board of Directors.

(e) The term "account" shall mean a deferred compensation account established under and pursuant to the Plan.

(f) The term "fees" shall include all compensation as fixed and determined by the Board of Directors, which is payable to a member of the Board for attendance at meetings, whether regular or special, of the Board of Directors, the Executive Committee, and all other Committees which have been established or in the future may be established by the Board of Directors.

(g) The term "Trust" shall mean the United Bancorp, Inc. and United Bancorp, Inc. Affiliate Banks Directors Deferred Compensation Plan Trust. Such Trust and the assets held by the Trust to assist the Corporation in meeting its obligations under the Plan shall conform to the terms of the model trust as described in Revenue Procedure 92-64, 1992-2 C.B. 422.

(h) The term "Unforeseeable Emergency" shall mean an unanticipated emergency that is caused by an event beyond the control of the participant or beneficiary and that would result in severe financial hardship to the individual if early withdrawal were not permitted.

Section 3 - ELIGIBILITY TO PARTICIPATE. The right to participate in the Plan shall be limited to members of the Board of Directors.

Section 4 - ELECTION TO PARTICIPATE. Any member of the Board of Directors who desires to participate in the Plan may elect for any year, on or before the 31st day of December of the preceding year, to defer all or a specified part of the fees which thereafter shall be payable to him for services in the succeeding year. Additionally, such an election may be made at any time within thirty (30) days following the date on which a person is elected to the Board of Directors if such person was not a member of the Board on the preceding December 31st, provided that such election shall apply only for fees earned for services performed subsequent to the election for such calendar year. A Director may also make such an election within thirty (30) days following adoption of the Plan by such subsidiary of United Bancorp, Inc. which had not previously participated in the Plan, provided that such election shall apply only for fees earned for services performed subsequent to the election for such calendar year.

Section 5 - MANNER OF MAKING ELECTION. An election to participate in the Plan shall be made by written notice, on such form as may be prescribed by the Corporation, which shall be signed by the electing Director and filed with the Corporation.

Section 6 - ACCOUNTING AND ADMINISTRATION. The Corporation and each adopting subsidiary, thereof, shall establish and maintain on its books a deferred compensation account for and in the name of each Director who elects to participate in the Plan, each such account to be known and designated as "The Deferred Compensation Account of (Directors Name)," and shall credit to each such account all fees that are payable, and otherwise should be paid directly, to the Director in whose name the account is established. Each such credit shall be entered in the account as of the date on which the fee represented thereby is payable. The Plan shall be administered by the trust department of WesBanco Bank Wheeling, Wheeling, WV, who shall have full power to administer the Plan in all of its details, subject to the applicable requirements of law. United Bancorp, Inc. shall have the exclusive authority to remove and appoint the Administrator in its sole discretion and may do so without the approval of any Participant of the Plan or any United Bancorp, Inc. Affiliate Bank. United Bancorp, Inc. may appoint itself or any affiliated company as Administrator under its authority herein.

Section 7 - INTEREST. Interest shall be credited to each account at any time for which there is an account balance which has not yet been deemed invested in United Bancorp, Inc. Common Stock in accordance with Section 8 hereof, during the period that the person in whose name such account is carried is a member of the Board of Directors, at the rate from time to time determined by The Citizens Savings Bank (or other adopting subsidiary) for and payable on funds on deposit in the Money Market Accounts maintained by the bank. Interest computation shall be made and the amount of each computation entered in the account as a credit on the same dates that interest is computed by the bank on the aforesaid Money Market Accounts.

Section 8 - UNITED BANCORP, INC. COMMON STOCK. Periodically, at such times and in such intervals as the Corporation shall determine is administratively reasonable, but at least annually, a Director's account balances or credits shall be deemed to be invested in United Bancorp, Inc. Common Stock and the Director's account shall be credited with such shares and the subsequent dividends thereon reinvested.

Section 9 - TERMINATION OF ELECTION TO PARTICIPATE. An election to defer fees pursuant to the Plan may be terminated as of the 1st day of any month by written notice, signed by the participating Director, delivered to the Corporation not less than thirty (30) days prior to the date on which such termination is to become effective. In the absence of such termination, an election shall remain in effect as long as the participating Director continues to be a member of the Board of Directors of the Corporation.

Section 10 - PAYMENT OF DEFERRED COMPENSATION. No distribution payments shall be made from any account as long as the Director in whose name such account has been established continues to be a member of the Board of Directors provided, however, that in the event of an Unforeseeable Emergency, benefits may be payable upon approval of the Corporation without termination of Board membership, but only to the extent necessary to meet the emergency. When a participating Director ceases to be a member of the Board, the Corporation shall pay to him in equal annual installments or at his irrevocable election, in one lump sum, the aggregate number of shares of United Bancorp, Inc. Common Stock, (including, without limitation shares deemed to be acquired through reinvested dividends), standing to his credit in the account maintained for his benefit as of the close of business on the date of the termination of his membership on the Board, together with any cash account balance which has not yet been deemed invested in United Bancorp, Inc. Common Stock in accordance with Section 8 hereof and interest thereon at the rate payable on The Citizens Savings Bank (or other adopting subsidiary) Money Market Accounts, until paid in full . Such annual installments, together with interest on any cash balance as above provided, shall be paid over a period of years with a maximum of ten years that shall equal in number the number of full calendar years that such Director was a participant in the Plan. The first of such installments (or the lump sum distribution) shall be due and payable on the 2nd day of the calendar year immediately following the year in which the participating Director ceases to be a member of the Board, and the remaining installments shall be due and payable on the 2nd day of January in each succeeding calendar year during the period that such installments are to be paid. In the case of United Bancorp, Inc. Common Stock, the Corporation shall delay any Plan distribution to such Director for a period of six months from the date such Director ceases to be a member of the Board of Directors or such lesser period as may be necessary to comply with the provisions of Section 16b of the Securities Exchange Act of 1934 or the rules promulgated by the Securities and Exchange Commission under Section 16b. No fractional shares of United Bancorp, Inc. Common Stock will be distributed to any participant from his or her account established under the Plan. Cash payments will be made in lieu of fractional shares in an amount determined by multiplying each fractional share to which a participant would otherwise be entitled by the per share closing price of United Bancorp, Inc. Common Stock on the trading day immediately preceding the date of distribution or if no trading in United Bancorp, Inc. Common Stock occurred on that date, then the next preceding date on which the Common Stock was traded. In no event will any amount of cash be paid to a participant from the participant's account under the Plan other than cash not yet invested in United

Bancorp, Inc. Common Stock, together with interest thereon, and cash in lieu of fractional shares of United Bancorp, Inc. Common Stock, as provided in this
Section 10.

Section 11 - DEATH OF PARTICIPATING DIRECTOR. In the event of the death of a participating Director prior to the receipt in full of all common stock and funds credited to his account, the aggregate amount so credited, as of the close of business on the date of such Director's death, shall be paid by the Corporation in one sum or distributed by the Corporation in the event of common stock to such Director's surviving spouse, or, if there be no surviving spouse, to the estate of such Director, provided, that with respect to United Bancorp, Inc. Common Stock, the Corporation shall delay any Plan distribution from such account to such surviving spouse or such estate, as the case may be, for a period of six months from the date of such Director's death or such lesser period as necessary to comply with the provisions of Section 16b of the Securities Exchange Act of 1934 or the rules promulgated by the Securities and Exchange Commission under Section 1 6b.

Section 12 - OPTIONAL METHODS OF PAYMENT. In lieu of an installment distribution of United Bancorp, Inc. Common Stock and payment pursuant to
Section 10, or in lieu of a lump sum distribution of common stock and payment pursuant to Section 11, a participating Director shall have the right, by instrument in writing filed with the Corporation at the time of such Director's deferral election, to select an optional method of distribution and payment:

(a) Distribution of specified shares to such persons, and payment to such persons, as such Director shall designate; or

(b) Distribution and payment in annual installments (if the amount to be distributed consists of stock with a fair market value of at least $1,000), with interest on the uninvested cash portion until paid in full at the rate payable on The Citizens Savings Bank (or other adopting subsidiary) Money Market Accounts, to such person as such Director shall designate, as follows:

(i) If death occurs while such Director is a member of the Board, distribution and payment in annual installments with a maximum of 10 over a period of years that shall equal the number of full calendar years that such Director was a participant in the Plan. The first of such installments shall be due and payable on the 2nd day of January in the year immediately following the year of death, and the remaining installments shall be due and payable on the 2nd day of January in each of the succeeding years during the said period.

(ii) If death occurs subsequent to the termination of such Director's membership on the Board, and after the distribution and payment to such Director of one or more of the annual installments provided in Section 10 hereof, distribution and payment of the remaining annual installments to such designated beneficiary.

A participating Director must elect either of the foregoing options at such time as the deferral election is made pursuant to Section 4 of the Plan. Such election must be made by instrument in writing filed with the Corporation and upon such filing shall be irrevocable. In the event a Director fails to make a timely election, the benefits under this Plan shall be distributed in annual installments if paid pursuant to Section 10, or in a lump sum if paid pursuant to Section 11.

Section 13 - DEATH OF BENEFICIARY OF PARTICIPATING DIRECTOR. In the event that any person who is designated as a beneficiary of a participating Director, pursuant to Section 11 hereof, shall predecease such Director, the Designation of such person as a beneficiary shall be rendered completely inoperative and of no force or effect whatsoever. In the event that any such person should survive such participating Director, but should die before the receipt of all common stock or funds payable to such person pursuant to the election by the said Director of the option set forth in Section 12(b) hereof, the balance of such common stock or funds shall be paid to the estate of such person.

Section 14 - FUNDS AND INTEREST NONASSIGNABLE. Benefits payable to Plan participants and their beneficiaries under this Plan may not be anticipated, assigned (either at law or in equity), alienated, pledged, encumbered, or subjected to attachment, garnishment, levy, execution or other legal or equitable process.

Section 15 - PAYMENT TO MINOR BENEFICIARIES. In the event that any person designated as a beneficiary by a participating Director is a minor, the Corporation may make payment of any funds or common stock to which such minor is entitled hereunder by making such payment to such minor, or to the parent, guardian, or person having custody of such minor, and the receipt of such parent, guardian or other person shall be a full and sufficient discharge to the Corporation for such payment.

Section 16 - AMENDMENT, MODIFICATION OR TERMINATION OF PLAN. The Plan, as herein above set forth, may be amended, modified, or terminated at any time by the Board of Directors of the Corporation; provided, however, that any such amendment, modification, or termination shall be prospective only in its operation and effect, and shall not affect or prejudice the rights and interests of any participating Director, or other person, as fixed and determined prior to the adoption thereof. In the event the Plan is terminated, any amounts credited to the participant's account shall be distributed in accordance with the provisions of the Plan.

Section 17 - EFFECTIVE DATE. The effective of this Plan is August 20. 1996. Includes changes by amendments made April 19, 2000.

UNITED BANCORP, INC.

By: _______________________________
James W. Everson

Its: Chairman, President and Chief
Executive Officer