0001140361-11-013429 Sample Contracts

FORM OF RESTRICTED STOCK AGREEMENT

Form of Restricted Stock Agreement • March 2nd, 2011 • Northern States Financial Corp /De/ • State commercial banks • Illinois

• Contract Type
  Form of Restricted Stock Agreement
• Filed
  March 2nd, 2011
• Company
  Northern States Financial Corp /De/
• Industry
  State commercial banks
• Jurisdiction
  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 RESTRICTED STOCK AGREEMENT

Restricted Stock Agreement • March 2nd, 2011 • Northern States Financial Corp /De/ • State commercial banks • Illinois

• Contract Type
  Restricted Stock Agreement
• Filed
  March 2nd, 2011
• Company
  Northern States Financial Corp /De/
• Industry
  State commercial banks
• Jurisdiction
  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”).