Item 8.01 Other Events
Horizon Bancorp, a bank holding company headquartered in Michigan City, Indiana
("Horizon"), is continuing to investigate the legitimacy of claims made by First
Horizon National Corporation, headquartered in Memphis, Tennessee ("FHNC"),
regarding FHNC's trademark rights in the name "Horizon Bank" (and other names
that include the word "Horizon"). An attorney representing FNHC raised the
claims in a letter dated October 27, 2008, and proposed that Horizon assign its
common law rights in that name to FHNC in exchange for a license back to use the
Horizon name in Horizon's current trade area and a reasonable zone of expansion.
While Horizon continues its investigation, it is engaging in discussions with
FHNC's counsel regarding FHNC alleged rights and additional details of FHNC's
proposed assignment of rights and trademark license arrangement.