0001140361-11-013429 Sample Contracts

FORM OF RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • March 2nd, 2011 • Northern States Financial Corp /De/ • State commercial banks • Illinois

AGREEMENT dated as of the ____ day of __________________ (this “Agreement”) by and between Northern States Financial Corporation (the “Company” or “NorStates”), and _______________________________ (the “Executive”).

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FORM OF RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • March 2nd, 2011 • Northern States Financial Corp /De/ • State commercial banks • Illinois

AGREEMENT dated as of the ___ day of ________________, 2011 (this “Agreement”) by and between Northern States Financial Corporation (the “Company” or “NorStates”), and _________________ (the “Director”).

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