8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): August 19, 2009

F.N.B. CORPORATION

(Exact name of registrant as specified in its charter)

FLORIDA

(State or Other Jurisdiction of Incorporation)

001-31940	25-1255406
(Commission File Number)	(IRS Employer Identification No.)
One F.N.B. Boulevard, Hermitage, PA	16148
(Address of Principal Executive Offices)	(Zip Code)

(724) 981-6000

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

INFORMATION TO BE INCLUDED IN THE REPORT

ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

     On August 19, 2009, F.N.B. Corporation (the Corporation) and First National Bank of Pennsylvania entered into the First Amendment to the Amended and Restated Consulting Agreement with its Chief Executive Officer, Stephen J. Gurgovits. The purpose of the amendment is to toll the running of the Consulting Agreement during the period of time that Mr. Gurgovits serves as Chief Executive Officer of the Corporation after his return to the role on February 11, 2009. The foregoing description of the amendment to Mr. Gurgovits’ Consulting Agreement is qualified in its entirety by reference to the subject amendment which is incorporated by reference and attached as Exhibit 10.1.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

F.N.B. CORPORATION (Registrant)
By:	/s/ Vincent J. Calabrese
Name:	Vincent J. Calabrese
Title:	Chief Financial Officer (Principal Financial Officer)

Dated: August 25, 2009

EX-10.1

EXHIBIT 10.1

FIRST AMENDMENT TO THE
AMENDED AND RESTATED CONSULTING AGREEMENT

     This FIRST AMENDMENT TO THE AMENDED AND RESTATED CONSULTING AGREEMENT dated as of August 19, 2009 is among F.N.B. Corporation, a Florida corporation having its principal place of business at One F.N.B. Boulevard, Hermitage, Pennsylvania 16148 (“FNB”), First National Bank of Pennsylvania, a national banking association having its principal place of business at One F.N.B. Boulevard, Hermitage, Pennsylvania 16148 (“FNB Bank”), and Stephen J. Gurgovits, an individual whose address is 591 Buhl Boulevard, Sharon, Pennsylvania 16146 (the “Consultant”).

WITNESSETH:

     WHEREAS, the Consultant served for many years as an executive officer of each of FNB and FNB Bank (collectively, the “Companies”) and as Chairman of the Board of Directors of FNB;

     WHEREAS, in anticipation of the Consultant’s retirement on December 31, 2008, the parties entered into a consulting relationship pursuant to the Amended and Restated Consulting Agreement dated as of June 18, 2008 (the “Agreement”);

     WHEREAS, since February 11, 2009, the Consultant has been serving as interim Chief Executive Officer and President of the Companies and Chairman of the Board of Directors of FNB;

     WHEREAS, effective June 2, 2009, the parties agreed to provide for the employment of the Consultant as Chief Executive Officer of the Companies;

     WHEREAS, during the Consultant’s employment as Chief Executive Officer of the Companies, the parties desire to toll the Agreement for the number of days equal to the period beginning February 11, 2009 and ending upon the Consultant’s termination as Chief Executive Officer of the Companies; and

     WHEREAS, the parties desire to amend the Agreement so that upon the Consultant’s termination as Chief Executive Officer for reasons other than Cause, Death, or Permanent Disability (as such terms are defined in the Agreement), the Consultant shall re-commence and continue his services as a consultant for the Companies.

     NOW, THEREFORE, pursuant to Section 8 of the Agreement and in consideration of the agreements and covenants herein set forth, the parties hereby agree to amend the Agreement, effective February 11, 2009, to provide that the duration, provisions, and conditions of the Agreement are hereby tolled for the number of days equal to the period beginning February 11, 2009 and ending upon the Consultant’s termination as Chief Executive Officer of the Companies. Further, the Agreement is hereby amended to provide that on the date the Consultant’s employment as Chief Executive Officer terminates for reasons other than Cause, Death, or

Permanent Disability, the Consultant shall re-commence and continue his services as a consultant for the Companies pursuant to the terms and conditions of the Agreement. In no event, however, shall the duration of the Agreement continue beyond the date which is (1) the date the Companies terminate the Agreement because of the Permanent Disability of the Consultant; or (2) the later of either the date when the Consultant reaches age 72 or the Consultant is no longer serving as a director.

     IN WITNESS WHEREOF, the parties hereto have executed this amendment to the Agreement as of the date first written above.

F.N.B. CORPORATION
By:	/s/ Brian F. Lilly Brian F. Lilly Chief Operating Officer
FIRST NATIONAL BANK OF PENNSYLVANIA
By:	/s/ Brian F. Lilly Brian F. Lilly Chief Administrative Officer
STEPHEN J. GURGOVITS
/s/ Stephen J. Gurgovits

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