EMPLOYMENT AGREEMENTEmployment Agreement • March 28th, 2003 • First Ottawa Bancshares Inc • State commercial banks • Illinois
THIS EMPLOYMENT AGREEMENT (“Agreement”) is entered into as of November 1, 2002 (the “Effective Date”), by and between JOCK BROWN (“Executive”) and FIRST NATIONAL BANK OF OTTAWA, a national banking association (the “Bank”) and FIRST OTTAWA BANCSHARES, INC., a Delaware corporation (the “Holding Company”) (the Bank and the Holding Company shall collectively be referred to as the “Corporation,” which shall be deemed to include any affiliate or related entity of the Bank or the Holding Company whether currently in existence or later created or acquired), the terms of which are as follows:
