This Employment Agreement (this "Agreement") is entered into as of July 23, 2001 by and between FIRST
NORTHERN BANK OF DIXON, a California banking corporation (the "Bank"), and Louise A. Walker (the
The parties desire to set forth the terms of Executive's employment with the Bank.
NOW, THEREFORE, the parties hereto agree as follows:
1. Employment. The Bank hereby employs Executive and Executive hereby accepts employment during the Term
of Employment upon the terms and conditions herein set forth.
2. Term of Employment. The Bank agrees to continue Executive's employment, and Executive agrees to remain in
employment with the Bank, from January 1, 2001 (the "Commencement Date") until the earliest of (i) December
31, 2003 or (ii) the date on which Executive's employment with the Bank terminates pursuant to Section 7(a),
(b), (c), (d), (e) or (f), as applicable (the "Term of Employment"), provided that the terms and conditions of this
Agreement and the Term of Employment shall automatically extend for consecutive three-year periods, on and
after December 31, 2003, unless either Executive or the Bank notifies the other in writing at least six months
before the end of the then current term that, for any reason, the Executive or the Bank has elected not to extend
3. Duties. Executive is employed as Senior Vice President and Chief Financial Officer of the Bank and, under the
direction of the President and the Board of Directors, shall perform and discharge well and faithfully the duties
that may be assigned from time to time by the President or the Board of Directors in connection with the conduct
of the Bank's business.
4. Extent of Services. Executive shall devote Executive's entire business time, attention, and energies to the
business of the Bank during the term of Executive's employment with the Bank. The foregoing however, shall not
preclude Executive from engaging in appropriate civic, charitable, or religious