Exhibit 10.4

Mr. Robert F. Plecki, Jr.

c/o First Busey Corporation

100 West University

Champaign, Illinois  61824-4028

Dear Bob:

As you are aware, First Busey Corporation has implemented several changes in the executive management of the company.  As part of this management restructuring, on or about March 31, 2010, your position will change from President-Florida Region of Busey Bank to Chief Credit Officer of First Busey Corporation and Busey Bank and President-Florida Region.

In this new position you will continue to report to the President and Chief Executive Officer of First Busey.  Your compensation and benefits will remain unchanged at this time, but may change when all management compensation is reviewed after the end of the first quarter of this year.  As Chief Credit Officer, all credit related functions including retail, business and mortgage underwriting will align under your leadership as will other responsibilities assigned by the Chief Executive Officer or the board of directors.

Please confirm your acquiescence and agreement to the changes noted above as though such changes were reflected in your employment agreement with First Busey by signing below and returning a copy of this letter to Dave White.  This letter will act as an addendum to your employment agreement.

Thank you for your continued efforts.

I understand and agree to the foregoing changes to my job title and related job duties and responsibilities.