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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B><BIG>SECURITIES AND
EXCHANGE COMMISSION<BR>WASHINGTON, D.C. 20549</BIG></B> </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FORM S-8<BR>REGISTRATION
STATEMENT<BR>UNDER THE SECURITIES ACT OF </FONT></H1>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="4"><B>LINCOLN BANCORP</B> </FONT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><BR>
(Exact name of Registrant as specified in its charter) </FONT> </P>


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     <TD WIDTH="40%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Indiana</B><BR>
(State or other jurisdiction of<BR>incorporation or organization) </FONT></TD>
     <TD WIDTH="20%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH="40%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>35-2055553</B><BR>
(I.R.S. Employer<BR>Identification No.) </FONT></TD></TR>
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     <TD WIDTH="40%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD></TR>
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     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT><B>1121 East Main Street<BR>
Plainfield, Indiana</B><BR>(Address of Principal Executive Offices)</TD>
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>46168</B><BR>(Zip Code) </FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD></TR>
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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>LINCOLN BANCORP 2005
STOCK OPTION PLAN </B><BR>(Full title of the plan)  </FONT></P>

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     <TD WIDTH="40%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Jerry R. Engle<BR>
President<BR>
Lincoln Bancorp<BR>
1121 East Main Street<BR>
Plainfield, Indiana 46168 </B><BR>
(Name and address of agent for service) </FONT></TD>
     <TD WIDTH="20%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH="40%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Copy to:<BR>
<b>CLAUDIA V. SWHIER, ESQ.<BR>Barnes &amp; Thornburg LLP<BR>11 S. Meridian Street<BR>Indianapolis, Indiana 46204</B> </FONT> </TD></TR>
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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Telephone number,
including area code, of agent for service:<BR><B>(317) 839-6539</B> </FONT> </P>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CALCULATION OF
REGISTRATION FEE </FONT></H1>


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     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Title of securities to<BR>be registered</FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Amount to<BR>be registered</FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Proposed maximum<BR>offering<BR>price per share (1)</FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Proposed maximum<BR>aggregate offering<BR>price (1)</FONT></TH>
     <TH><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Amount of<BR>registration fee</FONT></TH></TR>
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     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Common Stock, without par value</FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">250,000</FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">$16.54</FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">$4,135,000</FONT></TD>
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">$486.69</FONT></TD></TR>
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          <TD ALIGN=LEFT WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1) </FONT></TD>
          <TD WIDTH=97%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
          Estimated solely to determine the registration fee and based on the average of
          the high and low sales prices per share of Common Stock of Lincoln Bancorp on
          May&nbsp;19, 2005, as to shares not yet subject to options granted under the
          Plan, pursuant to Rule 457(c) and (h). </FONT></P></TD>
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          <TD ALIGN=LEFT WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(2) </FONT></TD>
          <TD WIDTH=97%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
          Any additional shares of Common Stock to be issued as a result of stock
          dividends, stock splits, or similar transactions shall be covered by this
          Registration Statement as provided in Rule 416. </FONT></P></TD>
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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Page 1 of 12
Pages<BR>Exhibit Index on Page E-1  </FONT></P>
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B><BIG>PART I</BIG></B> </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B><BIG>INFORMATION
REQUIRED IN THE<BR>SECTION 10(a)
PROSPECTUS</BIG></B> </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Document(s)&nbsp;&nbsp;&nbsp;&nbsp;          containing
information specified by Part I of this Form S-8 Registration           Statement,
promulgated under the Securities Act of 1933, as amended (the           &#147;1933 Act&#148;),
will be sent or given to participants in the Lincoln           Bancorp 2005 Stock Option
Plan (the &#147;Plan&#148;) as specified in Rule           428(b)(1) promulgated by the
Securities and Exchange Commission (the           &#147;Commission&#148;) under the 1933
Act. Such document(s) are not being filed           with the Commission but constitute
(along with the documents incorporated by           reference into this Form S-8
Registration Statement (the &#147;Registration           Statement&#148;) pursuant to
Item 3 of Part II hereof), a prospectus that meets           the requirements of Section
10(a) of the 1933 Act.  </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PART II  </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B><BIG>INFORMATION
REQUIRED IN THE REGISTRATION STATEMENT</BIG></B> </FONT></H1>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 3. Incorporation of
Documents by Reference.</B> </FONT> </P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following documents are hereby incorporated by reference into this Registration
Statement:  </FONT></P>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
annual report of Lincoln Bancorp (the &#147;Registrant&#148;) for the year
                    ended December&nbsp;31, 2004, filed with the Securities and Exchange
Commission                     on Form 10-K;  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(2)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
quarterly report of the Registrant on Form 10-Q for the quarter ended March
                    31, 2005;  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(3)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Registrant&#146;s
Form 8-K filed April&nbsp;25, 2005;  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(4)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>All
other reports filed pursuant to Section 13 or 15(d) of the Securities
                    Exchange Act of 1934 (the &#147;1934 Act&#148;) by the Registrant
since                     December&nbsp;31, 2004; and  </FONT></TD>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(5)  </FONT></TD>
<TD><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
description of the capital stock of the Registrant contained in the
                    Registrant&#146;s Registration Statement on Form 8-A, which became
effective                     with the Commission on December&nbsp;29, 1998, and all
amendments or reports                     filed for the purpose of updating such
description.  </FONT></TD>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
documents subsequently filed by the Registrant with the Commission pursuant to Sections
13(a), 13(c), 14, and 15(d) of the 1934 Act prior to the filing of a post-effective
amendment that indicates that all shares offered hereby have been sold or that
deregisters all shares then remaining unsold, shall be deemed to be incorporated by
reference into this Registration Statement and to be a part thereof from the date they
are filed.  </FONT></P>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 4. Description of
Securities.</B> </FONT> </P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not
applicable.  </FONT></P>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 5. Interests of
Named Experts and Counsel.</B> </FONT> </P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not
applicable.  </FONT></P>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 6. Indemnification
of Directors and Officers.</B> </FONT> </P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
21 of the Indiana Business Corporation Law, as amended (the &#147;BCL&#148;), grants to
each corporation broad powers to indemnify directors, officers, employees or agents
against expenses incurred in certain proceedings if the conduct in question was found to
be in good faith and was reasonably believed to be in the corporation&#146;s best
interests. This statute provides, however, that this indemnification should not be  </FONT></P>
<BR><BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2</FONT></P>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>deemed exclusive of any other
indemnification rights provided by the articles of incorporation, by-laws, resolution or
other authorization adopted by a majority vote of the voting shares then issued and
outstanding.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
10.05 and Article 13 of the Articles of Incorporation of the Registrant state as follows:  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section
10.05. Limitation of Liability and Reliance on Corporate Records and Other Information.</B> </FONT> </P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Clause
10.051.</B><I>General Limitation. </I> No Director, member of any committee of the Board
of Directors, or of another committee appointed by the Board, Officer, employee or agent
of the Corporation (&#147;Corporate Person&#148;) shall be liable for any loss or damage
if, in taking or omitting to take any action causing such loss or damage, either (1) such
Corporate Person acted (A) in good faith, (B) with the care an ordinarily prudent person
in a like position would have exercised under similar circumstances, and (C) in a manner
such Corporate Person reasonably believed was in the best interests of the Corporation,
or (2) such Corporate Person&#146;s breach of or failure to act in accordance with the
standards of conduct set forth in Clause 10.051(1) above (the &#147;Standards of Conduct&#148;)
did not constitute willful misconduct or recklessness.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Clause
10.052.</B><I>Reliance on Corporate Records and Other Information.</I> Any &#147;Corporate
Person&#148; shall be fully protected, and shall be deemed to have complied with the
Standards of Conduct, in relying in good faith, with respect to any information contained
therein, upon (1) the Corporate Records, or (2) information, opinions, reports or
statements (including financial statements and other financial data) prepared or
presented by (A) one or more other Corporate Persons whom such Corporate Person
reasonably believes to be competent in the matters presented, (B) legal counsel, public
accountants or other persons as to matters that such Corporate Person reasonably believes
are within such person&#146;s professional or expert competence, (C) a committee of the
Board of Directors or other committee appointed by the Board of Directors, of which such
Corporate Person is not a member, if such Corporate Person reasonably believes such
committee of the Board of Directors or such appointed committee merits confidence, or (D)
the Board of Directors, if such Corporate Person is not a Director and reasonably
believes that the Board merits confidence.  </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>ARTICLE 13</B> </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Indemnification  </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section
13.01.</B><I>General. </I> The Corporation shall, to the fullest extent to which it is
empowered to do so by the Act, or any other applicable laws, as from time to time in
effect, indemnify any person who was or is a party, or is threatened to be made a party,
to any threatened, pending or completed action, suit or proceeding, whether civil,
criminal, administrative or investigative and whether formal or informal, by reason of
the fact that he is or was a Director, Officer, employee or agent of the Corporation, or
who, while serving as such Director, Officer, employee or agent of the Corporation, is or
was serving at the request of the Corporation as a director, officer, partner, trustee,
employee or agent of another corporation, partnership, joint venture, trust, employee
benefit plan or other enterprise, whether for profit or not, against expenses (including
counsel fees), judgments, settlements, penalties and fines (including excise taxes
assessed with respect to employee benefit plans) actually or reasonably incurred by him
in accordance with such action, suit or proceeding, if he acted in good faith and in a
manner he reasonably believed, in the case of conduct in his official capacity, was in
the best interests of the Corporation, and in all other cases, was not opposed to the
best interests of the Corporation, and, with respect to any criminal action or
proceeding, he either had reasonable cause to believe his conduct was lawful or no
reasonable cause to believe his conduct was unlawful. The termination of any action, suit
or proceeding by judgment, order, settlement or conviction, or upon a plea of nolo
contendere or its equivalent, shall not, of itself, create a presumption that the person
did not meet the prescribed standard of conduct.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section
13.02.</B><I>Authorization of Indemnification.</I> To the extent that a Director,
Officer, employee or agent of the Corporation has been successful, on the merits or
otherwise, in the defense of any action, suit or proceeding referred to in Section 13.01
of this Article, or in the defense of any claim, issue or matter therein, the Corporation
shall indemnify such person against expenses (including counsel fees) actually and
reasonably incurred by such person in connection therewith. Any other indemnification
under Section 13.01 of this Article (unless ordered by a court) shall be made by the
Corporation only as authorized in the specific case, upon a determination that
indemnification of the Director, Officer, employee or agent is permissible in the
circumstances because he has met the applicable standard of conduct. Such determination
shall be made (1) by the Board of Directors by a majority vote of a quorum consisting of
Directors who were not at the time parties to such action, suit or proceeding; or (2) if
a quorum cannot be obtained under subdivision (1), by a majority vote of a committee duly
designated by the Board of Directors (in which designation Directors who are parties may
participate), consisting solely of two or more Directors not at the time parties to such
action, suit or proceeding; or (3) by special legal counsel: (A) selected by the Board of
Directors or its committee in the manner prescribed in subdivision (1) or (2), or (B) if
a quorum of the Board of Directors cannot be obtained under subdivision (1) and a
committee cannot be designated under subdivision (2), selected by a majority vote of the
full Board of Directors (in which selection Directors who are parties may participate);
or (4) by the Shareholders, but shares owned by or voted under the control of Directors
who are at the time parties to such action, suit or proceeding may not be voted on the
determination.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Authorization
of indemnification and evaluation as to reasonableness of expenses shall be made in the
same manner as the determination that indemnification is permissible, except that if the
determination is made by special legal counsel, authorization of indemnification and
evaluation as to reasonableness of expenses shall be made by those entitled under
subsection (3) to select counsel.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section
13.03.</B><I>Good Faith Defined. </I> For purposes of any determination under Section
13.01 of this Article 13, a person shall be deemed to have acted in good faith and to
have otherwise met the applicable standard of conduct set forth in Section 13.01 if his
action is based on information, opinions, reports, or statements, including financial
statements and other financial data, if prepared or presented by (1) one or more Officers
or employees of the Corporation or another enterprise whom he reasonably believes to be
reliable and competent in the matters presented; (2) legal counsel, public accountants,
appraisers or other persons as to matters he reasonably believes are within the person&#146;s
professional or expert competence; or (3) a committee of the Board of Directors of the
Corporation or another enterprise of which the person is not a member if he reasonably
believes the committee merits confidence. The term &#147;another enterprise&#148; as used
in this Section 13.03 shall mean any other corporation or any partnership, joint venture,
trust, employee benefit plan or other enterprise of which such person is or was serving
at the request of the Corporation as a director, officer, partner, trustee, employee or
agent. The provisions of this Section 13.03 shall not be deemed to be exclusive or to
limit in any way the circumstances in which a person may be deemed to have met the
applicable standards of conduct set forth in Section 13.01 of this Article 13.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section
13.04.</B><I>Payment of Expenses in Advance. </I> Expenses incurred in connection with
any civil or criminal action, suit or proceeding may be paid for or reimbursed by the
Corporation in advance of the final disposition of such action, suit or proceeding, as
authorized in the specific case in the same manner described in Section 13.02 of this
Article, upon receipt of a written affirmation of the Director, Officer, employee or agent&#146;s
good faith belief that he has met the standard of conduct described in Section 13.01 of
this Article and upon receipt of a written undertaking by or on behalf of the Director,
Officer, employee or agent to repay such amount if it shall ultimately be determined that
he did not meet the standard of conduct set forth in this Article 13, and a determination
is made that the facts then known to those making the determination would not preclude
indemnification under this Article&nbsp;13.  </FONT></P>

<BR><BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section
13.05.</B><I>Provisions Not Exclusive.</I> The indemnification provided by this Article
shall not be deemed exclusive of any other rights to which a person seeking
indemnification may be entitled under these Articles of Incorporation, the Corporation&#146;s
Code of By-Laws, any resolution of the Board of Directors or Shareholders, any other
authorization, whenever adopted, after notice, by a majority vote of all Voting Stock
then outstanding, or any contract, both as to action in his official capacity and as to
action in another capacity while holding such office, and shall continue as to a person
who has ceased to be a Director, Officer, employee or agent, and shall inure to the
benefit of the heirs, executors and administrators of such a person.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section
13.06.</B><I>Vested Right to Indemnification. </I> The right of any individual to
indemnification under this Article shall vest at the time of occurrence or performance of
any event, act or omission giving rise to any action, suit or proceeding of the nature
referred to in Section 13.01 of this Article 13 and, once vested, shall not later be
impaired as a result of any amendment, repeal, alteration or other modification of any or
all of these provisions. Notwithstanding the foregoing, the indemnification afforded
under this Article shall be applicable to all alleged prior acts or omissions of any
individual seeking indemnification hereunder, regardless of the fact that such alleged
acts or omissions may have occurred prior to the adoption of this Article. To the extent
such prior acts or omissions cannot be deemed to be covered by this Article 13, the right
of any individual to indemnification shall be governed by the indemnification provisions
in effect at the time of such prior acts or omissions.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section
13.07.</B><I>Insurance.</I> The Corporation may purchase and maintain insurance on behalf
of any person who is or was a Director, Officer, employee or agent of the Corporation, or
who is or was serving at the request of the Corporation as a director, officer, partner,
trustee, employee or agent of another corporation, partnership, joint venture, trust,
employee benefit plan or other enterprise, against any liability asserted against or
incurred by the individual in that capacity or arising from the individual&#146;s status
as a Director, Officer, employee or agent, whether or not the Corporation would have
power to indemnify the individual against the same liability under this Article.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section
13.08. </B><I>Additional Definitions.</I> For purposes of this Article, references to the
&#147;Corporation&#148;shall include any domestic or foreign predecessor entity of the
Corporation in a merger or other transaction in which the predecessor&#146;s existence
ceased upon consummation of the transaction.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
purposes of this Article, serving an employee benefit plan at the request of the
Corporation shall include any service as a Director, Officer, employee or agent of the
Corporation which imposes duties on, or involves services by such Director, Officer,
employee, or agent with respect to an employee benefit plan, its participants, or
beneficiaries. A person who acted in good faith and in a manner he reasonably believed to
be in the best interests of the participants and beneficiaries of an employee benefit
plan shall be deemed to have acted in a manner &#147;not opposed to the best interest of
the Corporation&#148; referred to in this Article.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
purposes of this Article, &#147;party&#148; includes any individual who is or was a
plaintiff, defendant or respondent in any action, suit or proceeding, or who is
threatened to be made a named defendant or respondent in any action, suit or proceeding.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
purposes of this Article, &#147;official capacity&#148;, when used with respect to a
Director, shall mean the office of director of the Corporation; and when used with
respect to an individual other than a Director, shall mean the office in the Corporation
held by the Officer or the employment or agency relationship undertaken by the employee
or agent on behalf of the Corporation. &#147;Official capacity&#148; does not include
service for any other foreign or domestic corporation or any partnership, joint venture,
trust, employee benefit plan, or other enterprise, whether for profit or not.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Section
13.09.</B><I>Payments a Business Expense. </I> Any payments made to any indemnified party
under this Article under any other right to indemnification shall be deemed to be an
ordinary and necessary business expense of the Corporation, and payment thereof shall not
subject any person responsible for the payment, or the Board of Directors, to any action
for corporate waste or to any similar action.  </FONT></P>


<BR><BR>

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<PAGE>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under
the Act, an Indiana corporation may purchase and maintain insurance on behalf of any
person who is or was a director, officer, employee or agent of the corporation, or is or
was serving at the request of the corporation as a director, officer, employee or agent
of another enterprise, against any liability asserted against him or incurred by him in
any such capacity, or arising out of his status as such, whether or not the corporation
would have the power to indemnify him against such liability under the provisions of the
Act. The Registrant has purchased insurance designed to protect and indemnify the
Registrant and its officers and directors in case they are required to pay any amounts
arising from certain claims, including claims under the Securities Act of 1933, which
might be made against the officers and directors by reason of any actual or alleged act,
error, omission, misstatement, misleading statement, neglect, or breach of duty while
acting in their respective capacities as officers or directors of the Registrant.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Registrant also maintains directors&#146; and officers&#146; liability insurance.  </FONT></P>

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<A NAME=A025></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 7. Exemption from
Registration Claimed.</B> </FONT> </P>

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<A NAME=A026></A>
<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not
applicable.  </FONT></P>

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<A NAME=A027></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 8. Exhibits.</B> </FONT> </P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
exhibits furnished with this registration statement are listed on page E-1.  </FONT></P>

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<A NAME=A028></A>
<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Item 9. Undertakings.</B> </FONT> </P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;          The
undersigned Registrant hereby undertakes (1) to file, during any period in
          which offers or sales are being made, a post-effective amendment to this
          Registration Statement (i) to include any prospectus required by Section
          10(a)(3) of the 1933 Act; (ii) to reflect in the prospectus any facts or events
          arising after the effective date of the Registration Statement (or the most
          recent post-effective amendment thereof) which, individually or in the
          aggregate, represent a fundamental change in the information set forth in the
          Registration Statement (provided that any increase or decrease in volume of
          securities offered (if the total dollar value of securities offered would not
          exceed that which was registered) and any deviation from the low or high end of
          the estimated maximum offering range may be reflected in the form of a
          prospectus filed with the Commission pursuant to Rule 424(b) if, in the
          aggregate, the changes in volume and price represent no more than a 20% change
          in the maximum aggregate offering price set forth in the &#147;Calculation of
          Registration Fee&#148; table in the effective Registration Statement); (iii) to
          include any material information with respect to the plan of distribution not
          previously disclosed in the Registration Statement or any material change to
          such information in the Registration Statement; provided, however, that clauses
          (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be
included           in a post-effective amendment by those clauses is contained in
periodic reports           filed by the Registrant pursuant to Section 13 or 15(d) of the
1934 Act that are           incorporated by reference in the Registration Statement; (2)
that, for the           purpose of determining any liability under the 1933 Act, each
such           post-effective amendment shall be deemed to be a new Registration
Statement           relating to the securities offered therein, and the offering of such
securities           at that time shall be deemed to be the initial bona fide offering
thereof; and           (3) to remove from registration by means of a post-effective
amendment any of           the securities being registered that remain unsold at the
termination of the           offering.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;          The
undersigned Registrant hereby undertakes that, for purposes of determining           any
liability under the 1933 Act, each filing of the Registrant&#146;s annual
          report pursuant to Section 13(a) or Section 15(d) of the 1934 Act that is
          incorporated by reference in the Registration Statement shall be deemed to be a
          new Registration Statement relating to the securities offered therein, and the
          offering of such securities at that time shall be deemed to be the initial bona
          fide offering thereof.  </FONT></P>


<BR><BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;          Insofar
as indemnification for liabilities arising under the 1933 Act may be           permitted
to directors, officers and controlling persons of the Registrant           pursuant to
the foregoing provisions, or otherwise, the Registrant has been           advised that in
the opinion of the Commission, such indemnification is against           public policy as
expressed in the 1933 Act and is, therefore, unenforceable. In           the event that a
claim for indemnification against such liabilities (other than           the payment by
the Registrant of expenses incurred or paid by a director,           officer or
controlling person of the Registrant in the successful defense of any           action,
suit or proceeding) is asserted by such director, officer or controlling           person
in connection with the securities being registered, the Registrant will,           unless
in the opinion of its counsel the matter has been settled by controlling
          precedent, submit to a court of appropriate jurisdiction the question whether
          such indemnification by it is against public policy as expressed in the 1933
Act           and will be governed by the final adjudication of such issue.  </FONT></P>


<BR><BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>7</FONT></P>
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<A NAME=A029></A>
<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES  </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, the Registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form
S-8 and has duly caused this registration statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Plainfield, and the State of
Indiana, on this 20th day of May, 2005.  </FONT></P>

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</TD>
</TR>
</TABLE>
<BR>


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<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=40%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
<TD WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>LINCOLN BANCORP<BR><BR>
<BR>By&nbsp;&nbsp;/s/ Jerry R. Engle<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jerry R. Engle<BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;President and Chief Executive Officer</FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
person whose signature appears below hereby constitutes and appoints Jerry&nbsp;R. Engle
and John M. Baer, and each of them, his true and lawful attorney-in-fact and agent, with
full power of substitution and resubstitution for him and in his name, place and stead,
in any and all capacities, to sign any and all amendments (including post-effective
amendments) to this Registration Statement on Form S-8 and to file the same, with all
exhibits thereto, and other documents in connection therewith, with the Securities and
Exchange Commission under the Securities Act of 1933.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, this registration statement has been
signed below by the following persons in the capacities and on the dates indicated.  </FONT></P>

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</TD>
</TR>
</TABLE>
<BR>


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<TABLE WIDTH="600" CELLSPACING="0" CELLPADDING="0" BORDER="0">
<TR VALIGN=TOP>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>&nbsp;</B> </FONT></TD>
<TD WIDTH="35%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U><B>Signatures </B></U><BR>&nbsp; </FONT></TD>
<TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U><B>Title </B></U><BR>&nbsp; </FONT></TD>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>&nbsp;</B> </FONT></TD>
<TD WIDTH="20%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U><B>Date </B></U><BR>&nbsp; </FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1)</FONT></TD>
<TD WIDTH="35%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Principal Executive Officer:<BR>
<BR>/s/ Jerry R. Engle<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>Jerry R. Engle</FONT></TD>
<TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>Chairman of the Board, President,<BR>
and Chief Executive Officer</FONT></TD>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>)<BR>)<BR>)<BR>)<BR>)</FONT></TD>
<TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR><BR><BR>May 20, 2005</FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
</TR>

<TR VALIGN=TOP>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(2)</FONT></TD>
<TD WIDTH="35%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Principal Financial and<BR>Accounting Officer:<BR>
<BR>/s/ John M. Baer<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>John M. Baer</FONT></TD>
<TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR><BR>Secretary, Chief Financial Officer,<BR>and Treasurer</FONT></TD>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>)<BR>)<BR>)<BR>)<BR>)<BR>)</FONT></TD>
</TR>

</TABLE>
<BR>
<BR><BR>

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<TABLE WIDTH=600 CELLSPACING=0 CELLPADDING=0 BORDER=0>
<TR VALIGN=TOP>
<TD>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>S-1</FONT></P>
<PAGE>
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<HR ALIGN=LEFT WIDTH=600 SIZE=4 NOSHADE>

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</TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH="600" CELLSPACING="0" CELLPADDING="0" BORDER="0">
<TR VALIGN=TOP>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(3)</FONT></TD>
<TD WIDTH="35%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>A Majority of the Board of Directors:<BR>
<BR><BR>/s/ Lester N. Bergum, Jr.<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>Lester N. Bergum, Jr.</FONT></TD>
<TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR><BR>Director</FONT></TD>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>)<BR>)<BR>)<BR>)<BR>)<BR>)</FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="35%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<BR><BR>/s/ Dennis W. Dawes<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>Dennis W. Dawes</FONT></TD>
<TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>Director</FONT></TD>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>)<BR>)<BR>)<BR>)<BR>)</FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="35%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<BR><BR>/s/ W. Thomas Harmon<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>W. Thomas Harmon</FONT></TD>
<TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>Director</FONT></TD>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>)<BR>)<BR>)<BR>)<BR>)</FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="35%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<BR><BR>/s/ Jerry R. Holifield<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>Jerry R. Holifield</FONT></TD>
<TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>Director</FONT></TD>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>)<BR>)<BR>)<BR>)<BR>)</FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="35%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<BR><BR>/s/ David E. Mansfield<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>David E. Mansfield</FONT></TD>
<TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>Director</FONT></TD>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>)<BR>)<BR>)<BR>)<BR>)</FONT></TD>
<TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR><BR><BR>May 20, 2005</FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="35%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<BR><BR>/s/ John C. Milholland<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>John C. Milholland</FONT></TD>
<TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>Director</FONT></TD>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>)<BR>)<BR>)<BR>)<BR>)</FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="35%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<BR><BR>/s/ John L. Wyatt<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>John L. Wyatt</FONT></TD>
<TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>Director</FONT></TD>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>)<BR>)<BR>)<BR>)<BR>)</FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="35%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<BR><BR>/s/ T. Tim Unger<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>T. Tim Unger</FONT></TD>
<TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>Director</FONT></TD>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>)<BR>)<BR>)<BR>)<BR>)</FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="35%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<BR><BR>/s/ Jerry R. Engle<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>Jerry R. Engle</FONT></TD>
<TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>Director</FONT></TD>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>)<BR>)<BR>)<BR>)<BR>)</FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH="35%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<BR><BR>/s/ R.J. McConnell<BR>&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>R.J. McConnell</FONT></TD>
<TD WIDTH="35%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>Director</FONT></TD>
<TD WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>)<BR>)<BR>)<BR>)<BR>)</FONT></TD>
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>INDEX TO EXHIBITS  </FONT></H1>

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     <TH COLSPAN="2" ALIGN="LEFT" WIDTH="10%" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Exhibit No.</FONT><HR WIDTH="90%" SIZE="1" ALIGN="Left" COLOR="Black"></TH>
     <TH COLSPAN="2" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Description</FONT><HR WIDTH="90%" SIZE="1" ALIGN="Left" COLOR="Black"></TH></TR>
<TR VALIGN=Bottom>
     <TD ALIGN="CENTER" WIDTH="10%" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH="10%" ALIGN="CENTER" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.1</FONT></TD>
     <TD WIDTH="5%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="80%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Articles of Incorporation of the Registrant are incorporated by reference
to Exhibit 3(1) to the Registrant's Registration Statement on Form S-1
(Registration No. 333-63373).*</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN="CENTER" WIDTH="10%" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN="CENTER" WIDTH="10%" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.2</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By-Laws of the Registrant are incorporated by reference to Exhibit 3(2)
of the Registrant's Registration Statement on Form S-1 (Registration
No. 333-63373).*</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN="CENTER" WIDTH="10%" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN="CENTER" WIDTH="10%" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Opinion of Barnes &amp; Thornburg as to the legality of the securities
being registered</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN="CENTER" WIDTH="10%" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN="CENTER" WIDTH="10%" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23.1</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent of BKD, LLP</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN="CENTER" WIDTH="10%" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN="CENTER" WIDTH="10%" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23.2</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent of Barnes &amp; Thornburg LLP (included as part of Exhibit 5).</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN="CENTER" WIDTH="10%" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN="CENTER" WIDTH="10%" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>24</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Power of Attorney (set forth on page S-1 of this Registration Statement).</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN="CENTER" WIDTH="10%" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN="CENTER" WIDTH="10%" VALIGN="TOP"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>99</FONT></TD><TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Lincoln Bancorp 2005 Stock Option Plan (incorporated by reference to Exhibit A to
Registrant&#146;s definitive proxy statement for its annual meeting of shareholders held
on May&nbsp;17, 2005).* </FONT></TD></TR>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(*) Previously
filed with the SEC and by this reference incorporated into this           Registration
Statement.  </FONT></P>



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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>E-1</FONT></P>


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[{"type": "S-8", "sequence": "1", "filename": "lin_s8.htm", "secsgml_size_bytes": 58411}]
{"company-data": {"conformed-name": "LINCOLN BANCORP /IN/", "cik": "0001070259", "assigned-sic": "6035", "irs-number": "352055553", "state-of-incorporation": "IN", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-125163", "film-number": "05852101"}, "business-address": {"street1": "1121 EAST MAIN STREET", "city": "PLAINFIELD", "state": "IN", "zip": "46168-0510", "phone": "3178396539"}, "mail-address": {"street1": "1121 EAST MAIN STREET", "city": "PLAINFIELD", "state": "IN", "zip": "46168-0510"}}
SECURITIES AND
EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION
STATEMENT
UNDER THE SECURITIES ACT OF
LINCOLN BANCORP
(Exact name of Registrant as specified in its charter)
Indiana
(State or other jurisdiction of
incorporation or organization)
35-2055553
(I.R.S. Employer
Identification No.)
1121 East Main Street
Plainfield, Indiana
(Address of Principal Executive Offices)
46168
(Zip Code)
LINCOLN BANCORP 2005
STOCK OPTION PLAN
(Full title of the plan)
Jerry R. Engle
President
Lincoln Bancorp
1121 East Main Street
Plainfield, Indiana 46168
(Name and address of agent for service)
Copy to:
CLAUDIA V. SWHIER, ESQ.
Barnes & Thornburg LLP
11 S. Meridian Street
Indianapolis, Indiana 46204
Telephone number,
including area code, of agent for service:
(317) 839-6539
CALCULATION OF
REGISTRATION FEE
Title of securities to
be registered
Amount to
be registered
Proposed maximum
offering
price per share (1)
Proposed maximum
aggregate offering
price (1)
Amount of
registration fee
Common Stock, without par value
250,000
$16.54
$4,135,000
$486.69
(1)
Estimated solely to determine the registration fee and based on the average of
          the high and low sales prices per share of Common Stock of Lincoln Bancorp on
          May 19, 2005, as to shares not yet subject to options granted under the
          Plan, pursuant to Rule 457(c) and (h).
(2)
Any additional shares of Common Stock to be issued as a result of stock
          dividends, stock splits, or similar transactions shall be covered by this
          Registration Statement as provided in Rule 416.
Page 1 of 12
Pages
Exhibit Index on Page E-1
PART I
INFORMATION
REQUIRED IN THE
SECTION 10(a)
PROSPECTUS
Document(s)              containing
information specified by Part I of this Form S-8 Registration           Statement,
promulgated under the Securities Act of 1933, as amended (the           "1933 Act"),
will be sent or given to participants in the Lincoln           Bancorp 2005 Stock Option
Plan (the "Plan") as specified in Rule           428(b)(1) promulgated by the
Securities and Exchange Commission (the           "Commission") under the 1933
Act. Such document(s) are not being filed           with the Commission but constitute
(along with the documents incorporated by           reference into this Form S-8
Registration Statement (the "Registration           Statement") pursuant to
Item 3 of Part II hereof), a prospectus that meets           the requirements of Section
10(a) of the 1933 Act.
PART II
INFORMATION
REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of
Documents by Reference.
The
following documents are hereby incorporated by reference into this Registration
Statement:
(1)
The
annual report of Lincoln Bancorp (the "Registrant") for the year
                    ended December 31, 2004, filed with the Securities and Exchange
Commission                     on Form 10-K;
(2)
The
quarterly report of the Registrant on Form 10-Q for the quarter ended March
                    31, 2005;
(3)
Registrant's
Form 8-K filed April 25, 2005;
(4)
All
other reports filed pursuant to Section 13 or 15(d) of the Securities
                    Exchange Act of 1934 (the "1934 Act") by the Registrant
since                     December 31, 2004; and
(5)
The
description of the capital stock of the Registrant contained in the
                    Registrant's Registration Statement on Form 8-A, which became
effective                     with the Commission on December 29, 1998, and all
amendments or reports                     filed for the purpose of updating such
description.
All
documents subsequently filed by the Registrant with the Commission pursuant to Sections
13(a), 13(c), 14, and 15(d) of the 1934 Act prior to the filing of a post-effective
amendment that indicates that all shares offered hereby have been sold or that
deregisters all shares then remaining unsold, shall be deemed to be incorporated by
reference into this Registration Statement and to be a part thereof from the date they
are filed.
Item 4. Description of
Securities.
Not
applicable.
Item 5. Interests of
Named Experts and Counsel.
Not
applicable.
Item 6. Indemnification
of Directors and Officers.
Section
21 of the Indiana Business Corporation Law, as amended (the "BCL"), grants to
each corporation broad powers to indemnify directors, officers, employees or agents
against expenses incurred in certain proceedings if the conduct in question was found to
be in good faith and was reasonably believed to be in the corporation's best
interests. This statute provides, however, that this indemnification should not be
2
deemed exclusive of any other
indemnification rights provided by the articles of incorporation, by-laws, resolution or
other authorization adopted by a majority vote of the voting shares then issued and
outstanding.
Section
10.05 and Article 13 of the Articles of Incorporation of the Registrant state as follows:
Section
10.05. Limitation of Liability and Reliance on Corporate Records and Other Information.
Clause
10.051.
General Limitation.
No Director, member of any committee of the Board
of Directors, or of another committee appointed by the Board, Officer, employee or agent
of the Corporation ("Corporate Person") shall be liable for any loss or damage
if, in taking or omitting to take any action causing such loss or damage, either (1) such
Corporate Person acted (A) in good faith, (B) with the care an ordinarily prudent person
in a like position would have exercised under similar circumstances, and (C) in a manner
such Corporate Person reasonably believed was in the best interests of the Corporation,
or (2) such Corporate Person's breach of or failure to act in accordance with the
standards of conduct set forth in Clause 10.051(1) above (the "Standards of Conduct")
did not constitute willful misconduct or recklessness.
Clause
10.052.
Reliance on Corporate Records and Other Information.
Any "Corporate
Person" shall be fully protected, and shall be deemed to have complied with the
Standards of Conduct, in relying in good faith, with respect to any information contained
therein, upon (1) the Corporate Records, or (2) information, opinions, reports or
statements (including financial statements and other financial data) prepared or
presented by (A) one or more other Corporate Persons whom such Corporate Person
reasonably believes to be competent in the matters presented, (B) legal counsel, public
accountants or other persons as to matters that such Corporate Person reasonably believes
are within such person's professional or expert competence, (C) a committee of the
Board of Directors or other committee appointed by the Board of Directors, of which such
Corporate Person is not a member, if such Corporate Person reasonably believes such
committee of the Board of Directors or such appointed committee merits confidence, or (D)
the Board of Directors, if such Corporate Person is not a Director and reasonably
believes that the Board merits confidence.
ARTICLE 13
Indemnification
Section
13.01.
General.
The Corporation shall, to the fullest extent to which it is
empowered to do so by the Act, or any other applicable laws, as from time to time in
effect, indemnify any person who was or is a party, or is threatened to be made a party,
to any threatened, pending or completed action, suit or proceeding, whether civil,
criminal, administrative or investigative and whether formal or informal, by reason of
the fact that he is or was a Director, Officer, employee or agent of the Corporation, or
who, while serving as such Director, Officer, employee or agent of the Corporation, is or
was serving at the request of the Corporation as a director, officer, partner, trustee,
employee or agent of another corporation, partnership, joint venture, trust, employee
benefit plan or other enterprise, whether for profit or not, against expenses (including
counsel fees), judgments, settlements, penalties and fines (including excise taxes
assessed with respect to employee benefit plans) actually or reasonably incurred by him
in accordance with such action, suit or proceeding, if he acted in good faith and in a
manner he reasonably believed, in the case of conduct in his official capacity, was in
the best interests of the Corporation, and in all other cases, was not opposed to the
best interests of the Corporation, and, with respect to any criminal action or
proceeding, he either had reasonable cause to believe his conduct was lawful or no
reasonable cause to believe his conduct was unlawful. The termination of any action, suit
or proceeding by judgment, order, settlement or conviction, or upon a plea of nolo
contendere or its equivalent, shall not, of itself, create a presumption that the person
did not meet the prescribed standard of conduct.
3
Section
13.02.
Authorization of Indemnification.
To the extent that a Director,
Officer, employee or agent of the Corporation has been successful, on the merits or
otherwise, in the defense of any action, suit or proceeding referred to in Section 13.01
of this Article, or in the defense of any claim, issue or matter therein, the Corporation
shall indemnify such person against expenses (including counsel fees) actually and
reasonably incurred by such person in connection therewith. Any other indemnification
under Section 13.01 of this Article (unless ordered by a court) shall be made by the
Corporation only as authorized in the specific case, upon a determination that
indemnification of the Director, Officer, employee or agent is permissible in the
circumstances because he has met the applicable standard of conduct. Such determination
shall be made (1) by the Board of Directors by a majority vote of a quorum consisting of
Directors who were not at the time parties to such action, suit or proceeding; or (2) if
a quorum cannot be obtained under subdivision (1), by a majority vote of a committee duly
designated by the Board of Directors (in which designation Directors who are parties may
participate), consisting solely of two or more Directors not at the time parties to such
action, suit or proceeding; or (3) by special legal counsel: (A) selected by the Board of
Directors or its committee in the manner prescribed in subdivision (1) or (2), or (B) if
a quorum of the Board of Directors cannot be obtained under subdivision (1) and a
committee cannot be designated under subdivision (2), selected by a majority vote of the
full Board of Directors (in which selection Directors who are parties may participate);
or (4) by the Shareholders, but shares owned by or voted under the control of Directors
who are at the time parties to such action, suit or proceeding may not be voted on the
determination.
Authorization
of indemnification and evaluation as to reasonableness of expenses shall be made in the
same manner as the determination that indemnification is permissible, except that if the
determination is made by special legal counsel, authorization of indemnification and
evaluation as to reasonableness of expenses shall be made by those entitled under
subsection (3) to select counsel.
Section
13.03.
Good Faith Defined.
For purposes of any determination under Section
13.01 of this Article 13, a person shall be deemed to have acted in good faith and to
have otherwise met the applicable standard of conduct set forth in Section 13.01 if his
action is based on information, opinions, reports, or statements, including financial
statements and other financial data, if prepared or presented by (1) one or more Officers
or employees of the Corporation or another enterprise whom he reasonably believes to be
reliable and competent in the matters presented; (2) legal counsel, public accountants,
appraisers or other persons as to matters he reasonably believes are within the person's
professional or expert competence; or (3) a committee of the Board of Directors of the
Corporation or another enterprise of which the person is not a member if he reasonably
believes the committee merits confidence. The term "another enterprise" as used
in this Section 13.03 shall mean any other corporation or any partnership, joint venture,
trust, employee benefit plan or other enterprise of which such person is or was serving
at the request of the Corporation as a director, officer, partner, trustee, employee or
agent. The provisions of this Section 13.03 shall not be deemed to be exclusive or to
limit in any way the circumstances in which a person may be deemed to have met the
applicable standards of conduct set forth in Section 13.01 of this Article 13.
Section
13.04.
Payment of Expenses in Advance.
Expenses incurred in connection with
any civil or criminal action, suit or proceeding may be paid for or reimbursed by the
Corporation in advance of the final disposition of such action, suit or proceeding, as
authorized in the specific case in the same manner described in Section 13.02 of this
Article, upon receipt of a written affirmation of the Director, Officer, employee or agent's
good faith belief that he has met the standard of conduct described in Section 13.01 of
this Article and upon receipt of a written undertaking by or on behalf of the Director,
Officer, employee or agent to repay such amount if it shall ultimately be determined that
he did not meet the standard of conduct set forth in this Article 13, and a determination
is made that the facts then known to those making the determination would not preclude
indemnification under this Article 13.
4
Section
13.05.
Provisions Not Exclusive.
The indemnification provided by this Article
shall not be deemed exclusive of any other rights to which a person seeking
indemnification may be entitled under these Articles of Incorporation, the Corporation's
Code of By-Laws, any resolution of the Board of Directors or Shareholders, any other
authorization, whenever adopted, after notice, by a majority vote of all Voting Stock
then outstanding, or any contract, both as to action in his official capacity and as to
action in another capacity while holding such office, and shall continue as to a person
who has ceased to be a Director, Officer, employee or agent, and shall inure to the
benefit of the heirs, executors and administrators of such a person.
Section
13.06.
Vested Right to Indemnification.
The right of any individual to
indemnification under this Article shall vest at the time of occurrence or performance of
any event, act or omission giving rise to any action, suit or proceeding of the nature
referred to in Section 13.01 of this Article 13 and, once vested, shall not later be
impaired as a result of any amendment, repeal, alteration or other modification of any or
all of these provisions. Notwithstanding the foregoing, the indemnification afforded
under this Article shall be applicable to all alleged prior acts or omissions of any
individual seeking indemnification hereunder, regardless of the fact that such alleged
acts or omissions may have occurred prior to the adoption of this Article. To the extent
such prior acts or omissions cannot be deemed to be covered by this Article 13, the right
of any individual to indemnification shall be governed by the indemnification provisions
in effect at the time of such prior acts or omissions.
Section
13.07.
Insurance.
The Corporation may purchase and maintain insurance on behalf
of any person who is or was a Director, Officer, employee or agent of the Corporation, or
who is or was serving at the request of the Corporation as a director, officer, partner,
trustee, employee or agent of another corporation, partnership, joint venture, trust,
employee benefit plan or other enterprise, against any liability asserted against or
incurred by the individual in that capacity or arising from the individual's status
as a Director, Officer, employee or agent, whether or not the Corporation would have
power to indemnify the individual against the same liability under this Article.
Section
13.08.
Additional Definitions.
For purposes of this Article, references to the
"Corporation"shall include any domestic or foreign predecessor entity of the
Corporation in a merger or other transaction in which the predecessor's existence
ceased upon consummation of the transaction.
For
purposes of this Article, serving an employee benefit plan at the request of the
Corporation shall include any service as a Director, Officer, employee or agent of the
Corporation which imposes duties on, or involves services by such Director, Officer,
employee, or agent with respect to an employee benefit plan, its participants, or
beneficiaries. A person who acted in good faith and in a manner he reasonably believed to
be in the best interests of the participants and beneficiaries of an employee benefit
plan shall be deemed to have acted in a manner "not opposed to the best interest of
the Corporation" referred to in this Article.
For
purposes of this Article, "party" includes any individual who is or was a
plaintiff, defendant or respondent in any action, suit or proceeding, or who is
threatened to be made a named defendant or respondent in any action, suit or proceeding.
For
purposes of this Article, "official capacity", when used with respect to a
Director, shall mean the office of director of the Corporation; and when used with
respect to an individual other than a Director, shall mean the office in the Corporation
held by the Officer or the employment or agency relationship undertaken by the employee
or agent on behalf of the Corporation. "Official capacity" does not include
service for any other foreign or domestic corporation or any partnership, joint venture,
trust, employee benefit plan, or other enterprise, whether for profit or not.
Section
13.09.
Payments a Business Expense.
Any payments made to any indemnified party
under this Article under any other right to indemnification shall be deemed to be an
ordinary and necessary business expense of the Corporation, and payment thereof shall not
subject any person responsible for the payment, or the Board of Directors, to any action
for corporate waste or to any similar action.
5
Under
the Act, an Indiana corporation may purchase and maintain insurance on behalf of any
person who is or was a director, officer, employee or agent of the corporation, or is or
was serving at the request of the corporation as a director, officer, employee or agent
of another enterprise, against any liability asserted against him or incurred by him in
any such capacity, or arising out of his status as such, whether or not the corporation
would have the power to indemnify him against such liability under the provisions of the
Act. The Registrant has purchased insurance designed to protect and indemnify the
Registrant and its officers and directors in case they are required to pay any amounts
arising from certain claims, including claims under the Securities Act of 1933, which
might be made against the officers and directors by reason of any actual or alleged act,
error, omission, misstatement, misleading statement, neglect, or breach of duty while
acting in their respective capacities as officers or directors of the Registrant.
The
Registrant also maintains directors' and officers' liability insurance.
Item 7. Exemption from
Registration Claimed.
Not
applicable.
Item 8. Exhibits.
The
exhibits furnished with this registration statement are listed on page E-1.
Item 9. Undertakings.
(a)              The
undersigned Registrant hereby undertakes (1) to file, during any period in
          which offers or sales are being made, a post-effective amendment to this
          Registration Statement (i) to include any prospectus required by Section
          10(a)(3) of the 1933 Act; (ii) to reflect in the prospectus any facts or events
          arising after the effective date of the Registration Statement (or the most
          recent post-effective amendment thereof) which, individually or in the
          aggregate, represent a fundamental change in the information set forth in the
          Registration Statement (provided that any increase or decrease in volume of
          securities offered (if the total dollar value of securities offered would not
          exceed that which was registered) and any deviation from the low or high end of
          the estimated maximum offering range may be reflected in the form of a
          prospectus filed with the Commission pursuant to Rule 424(b) if, in the
          aggregate, the changes in volume and price represent no more than a 20% change
          in the maximum aggregate offering price set forth in the "Calculation of
          Registration Fee" table in the effective Registration Statement); (iii) to
          include any material information with respect to the plan of distribution not
          previously disclosed in the Registration Statement or any material change to
          such information in the Registration Statement; provided, however, that clauses
          (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be
included           in a post-effective amendment by those clauses is contained in
periodic reports           filed by the Registrant pursuant to Section 13 or 15(d) of the
1934 Act that are           incorporated by reference in the Registration Statement; (2)
that, for the           purpose of determining any liability under the 1933 Act, each
such           post-effective amendment shall be deemed to be a new Registration
Statement           relating to the securities offered therein, and the offering of such
securities           at that time shall be deemed to be the initial bona fide offering
thereof; and           (3) to remove from registration by means of a post-effective
amendment any of           the securities being registered that remain unsold at the
termination of the           offering.
(b)              The
undersigned Registrant hereby undertakes that, for purposes of determining           any
liability under the 1933 Act, each filing of the Registrant's annual
          report pursuant to Section 13(a) or Section 15(d) of the 1934 Act that is
          incorporated by reference in the Registration Statement shall be deemed to be a
          new Registration Statement relating to the securities offered therein, and the
          offering of such securities at that time shall be deemed to be the initial bona
          fide offering thereof.
6
(c)              Insofar
as indemnification for liabilities arising under the 1933 Act may be           permitted
to directors, officers and controlling persons of the Registrant           pursuant to
the foregoing provisions, or otherwise, the Registrant has been           advised that in
the opinion of the Commission, such indemnification is against           public policy as
expressed in the 1933 Act and is, therefore, unenforceable. In           the event that a
claim for indemnification against such liabilities (other than           the payment by
the Registrant of expenses incurred or paid by a director,           officer or
controlling person of the Registrant in the successful defense of any           action,
suit or proceeding) is asserted by such director, officer or controlling           person
in connection with the securities being registered, the Registrant will,           unless
in the opinion of its counsel the matter has been settled by controlling
          precedent, submit to a court of appropriate jurisdiction the question whether
          such indemnification by it is against public policy as expressed in the 1933
Act           and will be governed by the final adjudication of such issue.
7
SIGNATURES
Pursuant
to the requirements of the Securities Act of 1933, the Registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form
S-8 and has duly caused this registration statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Plainfield, and the State of
Indiana, on this 20th day of May, 2005.
LINCOLN BANCORP
By  /s/ Jerry R. Engle
——————————————
Jerry R. Engle
President and Chief Executive Officer
Each
person whose signature appears below hereby constitutes and appoints Jerry R. Engle
and John M. Baer, and each of them, his true and lawful attorney-in-fact and agent, with
full power of substitution and resubstitution for him and in his name, place and stead,
in any and all capacities, to sign any and all amendments (including post-effective
amendments) to this Registration Statement on Form S-8 and to file the same, with all
exhibits thereto, and other documents in connection therewith, with the Securities and
Exchange Commission under the Securities Act of 1933.
Pursuant
to the requirements of the Securities Act of 1933, this registration statement has been
signed below by the following persons in the capacities and on the dates indicated.
Signatures
Title
Date
(1)
Principal Executive Officer:
/s/ Jerry R. Engle
——————————
Jerry R. Engle
Chairman of the Board, President,
and Chief Executive Officer
)
)
)
)
)
May 20, 2005
(2)
Principal Financial and
Accounting Officer:
/s/ John M. Baer
——————————
John M. Baer
Secretary, Chief Financial Officer,
and Treasurer
)
)
)
)
)
)
S-1
(3)
A Majority of the Board of Directors:
/s/ Lester N. Bergum, Jr.
——————————
Lester N. Bergum, Jr.
Director
)
)
)
)
)
)
/s/ Dennis W. Dawes
——————————
Dennis W. Dawes
Director
)
)
)
)
)
/s/ W. Thomas Harmon
——————————
W. Thomas Harmon
Director
)
)
)
)
)
/s/ Jerry R. Holifield
——————————
Jerry R. Holifield
Director
)
)
)
)
)
/s/ David E. Mansfield
——————————
David E. Mansfield
Director
)
)
)
)
)
May 20, 2005
/s/ John C. Milholland
——————————
John C. Milholland
Director
)
)
)
)
)
/s/ John L. Wyatt
——————————
John L. Wyatt
Director
)
)
)
)
)
/s/ T. Tim Unger
——————————
T. Tim Unger
Director
)
)
)
)
)
/s/ Jerry R. Engle
——————————
Jerry R. Engle
Director
)
)
)
)
)
/s/ R.J. McConnell
——————————
R.J. McConnell
Director
)
)
)
)
)
S-2
INDEX TO EXHIBITS
Exhibit No.
Description
4.1
Articles of Incorporation of the Registrant are incorporated by reference
to Exhibit 3(1) to the Registrant's Registration Statement on Form S-1
(Registration No. 333-63373).*
4.2
By-Laws of the Registrant are incorporated by reference to Exhibit 3(2)
of the Registrant's Registration Statement on Form S-1 (Registration
No. 333-63373).*
5
Opinion of Barnes & Thornburg as to the legality of the securities
being registered
23.1
Consent of BKD, LLP
23.2
Consent of Barnes & Thornburg LLP (included as part of Exhibit 5).
24
Power of Attorney (set forth on page S-1 of this Registration Statement).
99
Lincoln Bancorp 2005 Stock Option Plan (incorporated by reference to Exhibit A to
Registrant's definitive proxy statement for its annual meeting of shareholders held
on May 17, 2005).*
(*) Previously
filed with the SEC and by this reference incorporated into this           Registration
Statement.
E-1