EXHIBIT 10.2
 

Performance-Restricted Restricted Stock
Or Restricted Stock Units-Performance Goals - 2007  
 
 

Number of Shares of Restricted              Stock or Restricted Stock Units
(RSUs)              
National Penn
 
National Penn
 
 
 
Bancshares
 
Bank
 
Performance Goals
 
Directors  
 
 Directors 
                         
Threshold - $1.33 per share
   
400
   
100
                                 
Market/Budget Target - $1.38 per share
   
900
   
225
                                 
Stretch Target - $1.44 per share
   
1,000
   
250
                                 
Optimum - $1.49 per share
   
1,100
   
275
 

 
______________________
 
These performance goals are consistent with the performance goals established
under the National Penn Bancshares, Inc. Executive Incentive Plan.
 
 
 

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