Northern States Financial Corp /De/ Sample Contracts

Exhibit 99.2 ------------ AGREEMENT AND PLAN OF MERGER dated as of September 11, 2003 by and between ROUND LAKE BANKCORP, INC.
Agreement and Plan of Merger • September 12th, 2003 • Northern States Financial Corp /De/ • State commercial banks • Illinois
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United States Department of the Treasury Washington, D.C. 20220 February 20, 2009
Northern States Financial Corp /De/ • February 23rd, 2009 • State commercial banks

Reference is made to that certain Letter Agreement incorporating the Securities Purchase Agreement – Standard Terms dated of as of the date of this letter agreement (the “Securities Purchase Agreement”) between United States Department of Treasury (“Investor”) and the company named on the signature page hereto (the “Company”). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Securities Purchase Agreement.

FORM OF RESTRICTED STOCK AGREEMENT
Form of 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”).

Form of Senior Executive Officer Letter Agreement and Waiver Under the TARP Capital Purchase Program
Northern States Financial Corp /De/ • March 25th, 2009 • State commercial banks

I, [NAME], an executive officer of Northern States Financial Corporation intending to be bound, hereby acknowledge and agree as follows:

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”).

EMPLOYMENT AGREEMENT
Employment Agreement • September 17th, 2008 • Northern States Financial Corp /De/ • State commercial banks • Illinois

THIS EMPLOYMENT AGREEMENT, made and entered into as of September 16, 2008, by and between NorStates Bank (hereinafter called the “Bank”), and Scott Yelvington (hereinafter called the “Employee”).

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