FIRST NORTHERN BANK
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN
PURPOSE AND EFFECTIVE DATE
The purpose of the First Northern Bank Supplemental Executive Retirement Plan (the “Plan”) is to provide
retirement income benefits to certain highly compensated employees of First Northern Bank of Dixon, a
California-chartered, FDIC-insured bank with it main office in Dixon, California (“Company”) and its
Subsidiaries that supplement such employees’ Social Security benefits and benefits provided under the First
Northern Bank of Dixon Profit Sharing/401(k) Plan and specified other employee benefit plans maintained by the
The Plan shall be effective as of December 21, 2006. Amendments that may be made to the Plan from time to
time shall apply to individuals participating in this Plan who perform work as Employees after the effective date
applicable to such amendments.
2.01 Actuarial Equivalent. “Actuarial Equivalent” (or “Actuarially Equivalent”) means a benefit having the same
value as another benefit which such benefit replaces based upon the mortality table and discount rate used by the
Company to determine such value.
2.02 Board. “Board” means the Board of the Company.
2.03 Code. “Code” means the Internal Revenue Code of 1986, as amended from time to time.
2.04 Compensation Committee. “Compensation Committee” means the Compensation Committee of the Board.
2.05 Disability. “Disability” means a physical or mental impairment which has been determined by the Social
Security Administration to have rendered the Participant totally and permanently disabled. The term “Disability”
shall be interpreted in a manner consistent with Section 409A of the Code. The Participant must submit such
evidence as the Plan Administrator deems necessary to verify the Participant’s Disability.
2.06 Disability Retirement Date. “Disability Retirement Date” means the date on which a Participant has been
deemed to have incurred a D