Exhibit 10(14)

                                                          --------------, ------

                AWARD NOTIFICATION UNDER THE RIVER VALLEY BANCORP
                    RECOGNITION AND RETENTION PLAN AND TRUST

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     You are hereby awarded a total of ____ shares of the Common Stock,  without
par value  ("Common  Stock"),  of River Valley Bancorp  ("RVB")  pursuant to the
River Valley Bancorp  Recognition and Retention Plan and Trust (the "Plan"),  on
the following terms and conditions:

     1. The shares of Common  Stock  subject to award vest at the rate of twenty
percent (20%) of the aggregate  number of shares covered by the award at the end
of each full twelve months of  consecutive  service with River Valley  Financial
Bank, or an affiliate thereof (collectively,  the "Financial Institution") after
the date of grant.  If your service as an  employee,  director  and/or  director
emeritus with the Financial Institution  terminates prior to _______,  ____, for
any reason (except as discussed below),  then you will forfeit the right to earn
any shares of Common Stock subject to this award which have not previously  been
earned.  In  determining  the number of shares of Common Stock which are earned,
fractional  shares will be rounded down to the nearest  whole  number,  provided
that  such  fractional  shares  will be  aggregated  and  earned,  on the  fifth
anniversary of the date of grant.

     2.  Notwithstanding  the general rule contained in paragraph 1, above,  all
shares of Common Stock  subject to this award held by you will be deemed  earned
as of your last day of service for the Financial Institution as a result of your
death or disability.

     3. Notwithstanding  anything herein to the contrary, the Board of Directors
of the Financial  Institution may immediately revoke,  rescind and terminate any
award,  or portion  thereof,  previously  awarded  under the Plan, to the extent
shares of Common Stock have not been delivered to you, whether or not the shares
have  been  earned,  if you are  discharged  from the  employ  of the  Financial
Institution  for  cause,  if you are  removed  from the Board for cause or it is
discovered after your service  terminates that you have engaged in conduct which
would have justified discharge or removal for cause.

     4. Whenever  shares of Common Stock awarded under the Plan are paid to you,
or to the  beneficiary  you designate,  such person will be entitled to receive,
with  respect to each share of Common  Stock paid,  an amount  equal to any cash
dividends or cash  distributions and a number of shares of Common Stock equal to
any stock dividends,  and any other asset  distributions  declared and paid with
respect to a share of Common Stock  between the date the shares are  distributed
and the date such shares were granted, along with any net earnings thereon.

     5. Shares of Common Stock will be distributed to you, or to the beneficiary
you designate,  as the case may be, as soon as practicable  after they have been
earned;  provided,  however, no shares of Common Stock will be distributed prior
to _________,  ____, to the extent



you or the  beneficiary you designate would after the receipt of such shares own
in excess of ten percent  (10%) of the issued and  outstanding  shares of Common
Stock.  If any  shares of Common  Stock  remain  unpaid  solely by reason of the
foregoing  limitation,  then  such  shares  will  be  paid  to  you,  or to  the
beneficiary you designate, on _________, _____.

     6. All shares of Common Stock,  together with any shares representing stock
dividends thereon, will be distributed in the form of Common Stock. One share of
Common  Stock  will  be  paid  for  each  share  earned  and  payable.  Payments
representing  accumulated  cash  dividends or cash  distributions  (and earnings
thereon) will be made in cash. Other asset  distributions  payable on the shares
of Common Stock awarded will be paid in the form of such  distributions,  to the
extent  feasible.  The  trustee  of the Plan may  withhold  from any  payment or
distribution made under the Plan sufficient  amounts of cash or shares of Common
Stock to cover any  applicable  withholding  and  employment  taxes,  and if the
amount of such  payment is  insufficient,  the  trustee  may  require you or the
beneficiary  you  designate  to pay to the  trustee  the amount  required  to be
withheld as a condition of  delivering  the shares  earned and payable under the
Plan. Alternatively, you may pay to the trustee that amount of cash necessary to
be withheld  in taxes in lieu of any  withholding  of  payments or  distribution
under the Plan. If you elect to have such taxes withheld, then the election must
be made in compliance with Rule 16b-3, to the extent applicable.

     7. This award is subject to all the terms, provisions and conditions of the
Plan, which is incorporated herein by reference,  and to such regulations as may
from  time to time be  adopted  by the  Committee.  A copy of the  Plan has been
furnished  to you and an  additional  copy may be  obtained  from the  Financial
Institution. In the event of any conflict between the provisions of the Plan and
the provisions of this letter, the terms,  conditions and provisions of the Plan
will control, and this letter will be deemed to be modified accordingly.

                                    Very truly yours,

                                    RIVER VALLEY BANCORP


                                    By:
                                       -----------------------------------------
                                       Matthew P. Forrester, President and Chief
                                       Executive Officer



I acknowledge Receipt of
a copy of this Award Notification


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Dated:
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