William J. Goeden and Carol S. Goeden - Page 7

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               tortious interference with Goeden's right to be free from              
               interference with his employment or other claims entitling             
               Goeden to seek compensatory damages for personal injuries,             
               injury to Goeden's feelings and humiliation and damages for            
               alleged violations of his civil and statutory rights;                  
                         *   *    *    *    *    *    *                               
                    NOW, THEREFORE, in consideration of the promises                  
               contained herein, the parties agree as follows;                        
                    1.   The parties to this Agreement will execute the               
                         General Mutual Release and Statement that is                 
                         attached as Exhibit A and incorporated herein.               
                    2.   Goeden will receive the sum of Fifty Thousand                
                         Dollars ($50,000) immediately upon execution of              
                         this Settlement Agreement.                                   
                    3.   The Credit Union will be responsible for the                 
                         payment to Goeden of monthly monetary sums as                
                         follows:                                                     
                         (a) Three Thousand Five Hundred Dollars ($3,500)             
                              commencing as of September 15, 1988, and                
                              thereafter paid monthly with the final                  
                              payment to be made on or by October 15, 1992.           
                         (b) Three Thousand Four Hundred Sixty Seven                  
                              Dollars ($3,467) paid on or by November 15,             
                              1992, and Three Thousand Dollars ($3,000)               
                              thereafter paid monthly with the final                  
                              payment to be made on or by October 15, 1995,           
                              in the amount of Three Thousand Four Hundred            
                              Dollars ($3,400);                                       
                         (c) Taxes, if any, with regard to the payments               
                              are Goeden's responsibility.                            
                         (d) The above payments are to be made to Goeden              
                              on or by the 15th day of each month.                    
                         (e) In the event of Goeden's death, the payments             
                              will be paid to his spouse, if living, or to            
                              his estate if not.  Payments to Mrs. Goeden             
                              would be made to her estate if she were to              
                              die after Goeden and during the period when             
                              such payments are required hereunder.                   




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