Document:

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                        FIRST NORTHERN COMMUNITY BANCORP
              OUTSIDE DIRECTORS 2000 NONSTATUTORY STOCK OPTION PLAN
                       NONSTATUTORY STOCK OPTION AGREEMENT
                         Annual Vesting Over Four Years

     First Northern Community Bancorp, a California corporation (the "Company"),
hereby grants an Option to purchase Shares of its common stock to the Optionee
named below. The terms and conditions of the Option are set forth in this cover
sheet, in the attachment and in the Company's Outside Directors 2000
Nonstatutory Stock Option Plan (the "Plan").

Date of Option Grant:  ____________________

Name of Optionee:
                  ----------------------------------------------

Optionee's Social Security Number:  _____-____-_____

Number of Shares of Common Stock Covered by Option:  __________________________

Price per Share:  $____________________________________________________________

Vesting Start Date: ____________________________

     By signing this cover sheet, you agree to all of the terms and conditions
     described in the attached Agreement and in the Plan, a copy of which is
     also enclosed.

Optionee:
          --------------------------------------------------------------------
                                  (Signature)

Company:
         ----------------------------------------------------------------------
                                  (Signature)
          Title:
                 --------------------------------------------------------------

Attachment
----------

                                      -82-
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                        FIRST NORTHERN COMMUNITY BANCORP
              OUTSIDE DIRECTORS 2000 NONSTATUTORY STOCK OPTION PLAN
                       NONSTATUTORY STOCK OPTION AGREEMENT
                         Annual Vesting Over Four Years

Nonstatutory Stock  This Option is not intended to be an incentive stock
Option              option under Section 422 of the Code and will be
                    interpreted accordingly.

Vesting and         This Option may be exercised to the extent that Shares have
Exercise            been vested. Beginning on the Vesting Start Date, you will
                    be twenty percent (20%) vested in the Shares granted under
                    this Option. Thereafter, the Shares under this Option will
                    vest annually at a rate of 20 percent (20%) per year. All
                    of the Shares shall be fully vested on the fourth
                    anniversary of the Vesting Start Date as shown on the cover
                    sheet. No additional Shares will vest after your Service
                    has terminated for any reason. "Service" means your service
                    as an outside director of the Company or an affiliated
                    entity.

                    "Shares" means the shares of Common Stock covered by this
                    Option as adjusted pursuant to Section 8 of the Plan.

                    Notwithstanding the vesting schedule set forth above, in
                    the event of a Change in Control during the period you
                    remain in Service, all of the Shares which are unvested as
                    of the effective date of such Change in Control shall
                    immediately become vested. For the purposes hereof, "Change
                    in Control" shall have the meaning set forth in Section
                    2(c) of the Plan.

Term                This Option will expire in any event at the close of
                    business at Company headquarters on the fifth anniversary
                    of the Date of Grant, as shown on the cover sheet. (It will
                    expire earlier if your Service terminates, as described
                    below.)

Regular             If your Service terminates for any reason except death or
Termination         Total and Permanent Disability, then this Option will
                    expire at the close of business at Company headquarters on
                    the 90th day after your termination date. During that
                    90-day period, you may exercise the vested portion of this
                    Option.

Other Terminations  If your Service terminates following your conviction
of Service          of a felony, or a finding by a court that you engaged in a
                    fraudulent or dishonest act or a gross abuse of authority
                    regarding the Company then this Option will expire upon
                    your termination of Service.

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Death               In the event of your death while in Service, then this
                    Option will expire at the close of business at Company
                    headquarters on the date which is one year after the date
                    of death. During that one-year period, your estate or heirs
                    may exercise the vested portion of this Option as of the
                    termination of Service.

Total and           If your Service terminates because of your Total
Permanent           and Permanent Disability, then this Option will expire at
Disability          the close of business at Company headquarters on the date
                    which is one year after your termination date. During that
                    one-year period, you may exercise the vested portion of
                    this Option as of the termination of Service.

                    "Total and Permanent Disability" means that you are unable
                    to serve on the Board of Directors due to a disability
                    which shall be determined in accordance with the Company's
                    Long Term Disability Plan.

Restrictions on     The Company will not permit you to exercise this Option
Exercise            if the issuance of Shares at that time would violate any
                    law or regulation.

Notice of Exercise  When you wish to exercise this Option, you must notify the
                    Company by filing the proper "Notice of Exercise" form
                    attached hereto. Your notice must specify how many Shares
                    you wish to purchase. Your notice must also specify how
                    your Shares should be registered (in your name only or in
                    your and your spouse's names as community property or as
                    joint tenants with right of survivorship). The notice will
                    be effective when it is received by the Company.

                    If someone else wants to exercise this Option after your
                    death, that person must prove to the Company's satisfaction
                    that he or she is entitled to do so.

Periods of
Nonexercisability   Any other provision of this Agreement notwithstanding, the
                    Company shall have the right to designate one or more
                    periods of time, each of which shall not exceed 180 days in
                    length, during which this Option shall not be exercisable
                    if the Company determines (in its sole discretion) that
                    such limitation on exercise could in any way facilitate any
                    offering and/or issuance of securities by the Company,
                    facilitate the registration or qualification of any
                    securities by the Company under the applicable laws, or
                    facilitate the perfection of any exemption from the
                    registration or qualification requirements of any applicable
                    securities laws for the issuance or transfer of any
                    securities. Such limitation on exercise shall not alter the
                    vesting schedule set forth in this Agreement other than to
                    limit the periods during which this Option shall be

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                    exercisable.

Form of Payment     When you submit your notice of exercise, you must include
                    payment of the Option price for the Shares you are
                    purchasing. Payment may be made in one (or a combination)
                    of the following forms:

                    o Your personal check, a cashier's check or a money order.

Withholding Taxes   You will not be allowed to exercise this Option unless you
                    make acceptable arrangements to pay any withholding or
                    other taxes that may be due as a result of the Option
                    exercise.

Restrictions on     By signing this Agreement, you agree not to sell any
Resale              Shares at a time when applicable laws, regulations or
                    Company or underwriter trading policies prohibit a sale. In
                    connection with any underwritten public offering by the
                    Company of its equity securities, you agree not to sell,
                    make any short sale of, loan, hypothecate, pledge, grant
                    any Option for the purchase of, or otherwise dispose or
                    transfer for value or agree to engage in any of the
                    foregoing transactions with respect to any Shares without
                    the prior written consent of the Company or its
                    underwriters, for such period of time after the effective
                    date of such registration statement as may be requested by
                    the Company or such underwriters.

                    In order to enforce the provisions of this paragraph, the
                    Company may impose stop-transfer instructions with respect
                    to the Shares until the end of the applicable stand-off
                    period.

Transfer of Option  Prior to your death, only you may exercise this Option. You
                    cannot transfer or assign this Option. For instance, you
                    may not sell this Option or use it as security for a loan.
                    If you attempt to do any of these things, this Option will
                    immediately become invalid. You may, however, dispose
                    of this Option in your will.

                    Regardless of any marital property settlement agreement,
                    the Company is not obligated to honor a notice of exercise
                    from your spouse or former spouse, nor is the Company
                    obligated to recognize such individual's interest in this
                    Option in any other way.

Shareholder Rights  You, or your estate or heirs, have no rights as a
                    shareholder of the Company until a certificate for the
                    Shares has been issued. No adjustments are made for
                    dividends or other rights if the applicable record date
                    occurs before your share certificate is issued, except as
                    described in the Plan.

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Adjustments         In the event of a stock split, a stock dividend or a
                    similar change in the Company's Common Stock, the number of
                    Shares covered by this Option and the exercise price per
                    share may be adjusted pursuant to the Plan. This Option
                    shall be subject to the terms of the agreement of merger,
                    liquidation or reorganization in the event the Company is
                    subject to such corporate activity.

Applicable Law      This Agreement will be interpreted and enforced under the
                    laws of the State of California.

The Plan and        The text of the Plan is incorporated in this
Other Agreements    Agreement by reference. Certain capitalized terms used in
                    this Agreement and not otherwise defined herein are defined
                    in the Plan.

                    This Agreement and the Plan constitute the entire
                    understanding between you and the Company regarding this
                    Option. Any prior agreements, commitments or negotiations
                    concerning this Option are superseded.

     By signing the cover sheet of this Agreement, you agree to all of the
     terms and conditions described above and in the Plan.

                                      -5-

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                       NOTICE OF EXERCISE OF STOCK OPTION

First Northern Community Bancorp
195 N. First Street
Dixon, CA 95620
Attn:  Corporate Secretary

     Re: Exercise of Stock Option to Purchase Shares of Company Common Stock
         -------------------------------------------------------------------

Dear Sir or Madam:

     Pursuant to the Stock Option Agreement dated ____________________, ____
(the "Stock Option Agreement"), between First Northern Community Bancorp, a
California corporation (the "Company"), and the undersigned, I hereby elect to
purchase _____________ shares of the common stock of the Company (the "Shares"),
at the price of $__________ per Share. My check in the amount of $______________
is enclosed. The Shares are to be issued in _____ certificate(s) and registered
in the name(s) of:

                           --------------------------

    The undersigned understands there may be tax consequences as a result of
the  purchase  or  disposition  of the  Shares.  To the extent that an amount is
required  to be  withheld  for any  taxes  that may be due as a  result  of this
exercise,  I will comply with the  Company's  requirements  with  respect to the
payment of such  withholding.  The undersigned  represents that he has consulted
with any tax  consultants he deems  advisable in connection with the purchase or
disposition of the Shares and the  Undersigned is not relying on the Company for
any tax advice.

     The undersigned acknowledges that he has received, read and understood
the Stock Option  Agreement and agrees to abide by and be bound by its terms and
conditions.
Dated:  ________________, 20___

                                    ---------------------------------------
                                                   (Signature)

                                    ---------------------------------------
                                                 (Please Print Name)

                                     Social Security No.
                                                         -------------------

                                    ---------------------------------------

                                    ---------------------------------------
                                                 (Full Address)

                                      -87--88-
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===============================================================================

                        FIRST NORTHERN COMMUNITY BANCORP

                        2000 EMPLOYEE STOCK PURCHASE PLAN

===============================================================================

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                                TABLE OF CONTENTS
                                -----------------

                                                                           Page
                                                                           ----

Section 1.     Establishment of the Plan......................................1

Section 2.     Definitions....................................................1

Section 3.     Duration; Shares Authorized....................................2

Section 4.     Administration.................................................2

Section 5.     Eligibility and Participation..................................3

Section 6.     Participation Periods..........................................3

Section 7.     Purchase Price.................................................3

Section 8.     Employee Contributions.........................................3

Section 9.     Plan Accounts; Purchase of Shares..............................4

Section 10.    Withdrawal From the Plan.......................................5

Section 11.    Effect of Termination of Employment or Death...................5

Section 12.    Rights Not Transferable........................................5

Section 13.    Recapitalization, Etc..........................................5

Section 14.    Limitation on Stock Ownership..................................6

Section 15.    No Rights as an Employee.......................................6

Section 16.    Rights as a Stockholder........................................6

Section 17.    Use of Funds...................................................6

Section 18.    Amendment or Termination of the Plan...........................7

Section 19.    Governing Law..................................................7

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                        FIRST NORTHERN COMMUNITY BANCORP
                        2000 EMPLOYEE STOCK PURCHASE PLAN

     Section 1. Establishment of the Plan.
     ---------- --------------------------

     This Plan was first established by First Northern Bank of Dixon (the
"Bank"). Pursuant to an Agreement and Plan of Reorganization, as of May 19,
2000, the Bank became a wholly owned subsidiary of First Northern Community
Bancorp (the "Company") and the Company assumed sponsorship of the Plan. The
Company hereby amends and restates the Plan to assume sponsorship of the Plan
and to provide Eligible Employees with an opportunity to purchase the Company's
common stock so that they may increase their proprietary interest in the success
of the Company. The Plan, which provides for the purchase of stock through
payroll withholding, is intended to qualify under Section 423 of the Code.

     Section 2. Definitions.
     ---------- ------------

     (a) "Board of Directors" or "Board" means the Board of Directors of the
Company.

     (b) "Code" means the Internal Revenue Code of 1986, as amended.

     (c) "Company" means First Northern Community Bancorp, a California
corporation.

     (d) "Compensation" means the base compensation paid to a Participant during
a Participation Period in cash or in kind including overtime, commissions and
shift differential. Incentive compensation, other bonuses and other forms of
compensation for work outside the regular work schedule are excluded.

     (e) "Date of Participation" means the first day of a Participation Period.

     (f) "Eligible Employee" means any Employee of a Participating Company (i)
who has been continually employed for at least ninety (90) days prior to the
commencement of a Participation Period, and (ii) who is an Employee at the
commencement of a Participation Period. In addition, an Employee who is an
officer and who is a highly compensated employee within the meaning of section
414(q) of the Code may be excluded from participation in the Plan.

     (g) "Employee" means any common-law employee of a Participating Company.

     (h) "Fair Market Value" shall mean (i) the closing price of a share of
Stock on the principal exchange which the shares are trading on the first
trading day immediately preceding the date on which the Fair Market Value is
determined, or (ii) if the shares are not traded on an exchange but are quoted
on the Nasdaq National Market or a successor quotation system, the closing price
on the Nasdaq National Market or such successor quotation system on the first
trading day immediately preceding the date on which the Fair Market Value is
determined, or (iii) if the shares are not traded on an exchange or quoted on
the Nasdaq National Market or a successor quotation system, the fair market
value of a share as determined by the Plan Administrator in good faith. Such
determination shall be conclusive and binding on all persons.

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     (i) "Participant" means an Eligible Employee who elects to participate in
the Plan, as provided in Section 5 hereof.

     (j) "Participating Company" means the Company, First Northern Bank of Dixon
and such present or future Subsidiaries of the Company as the Board of Directors
shall from time to time designate.

     (k) "Participation Period" means a period during which contributions may be
made toward the purchase of Stock under the Plan, as determined pursuant to
Section 6.

     (l) "Plan Account" means the account established for each Participant
pursuant to Section 9(a).

     (m) "Purchase Price" means the price at which Participants may purchase
Stock under Section 5 of the Plan, as determined pursuant to Section 7.

     (n) "Stock" means the common stock of the Company.

     (o) "Subsidiary" means a subsidiary corporation as defined in Section 424
of the Code.

     Section 3. Duration; Shares Authorized.
     ---------- ----------------------------

     The Plan shall terminate automatically on February 27, 2007 and may be
terminated on any earlier date pursuant to Section 18 below. The maximum
aggregate number of shares which may be offered under the Plan shall be 568,248
shares of Stock, subject to adjustment as provided in Section 13 hereof.

     Section 4. Administration.
     ---------- ---------------

     (a) The Plan shall be administered by a Plan Administrator appointed by the
Board of Directors. The interpretation and construction by the Plan
Administrator of any provision of the Plan or of any right to purchase stock
qualified hereunder shall be conclusive and binding on all persons.

     (b) No member of the Board or the Plan Administrator shall be liable for
any action or determination made in good faith with respect to the Plan or the
right to purchase Stock hereunder. The Plan Administrator shall be indemnified
by the Company against the reasonable expenses, including attorney's fees
actually and necessarily incurred in connection with the defense of any action,
suit or proceeding, or in connection with any appeal therein, to which he or she
may be a party by reason of any action taken or failure to act under or in
connection with the Plan or any stock purchased thereunder, and against all
amounts paid by him or her in settlement thereof (provided such settlement is
approved by independent legal counsel selected by the Company) or paid by him or
her in satisfaction of a judgment in any such action, suit or proceeding, except
in relation to matters as to which it shall be adjudged in such action, suit or
proceeding that the Plan Administrator is liable for negligence or misconduct in
the performance of his or her duties; provided that within sixty (60) days after
institution of any such action, suit

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or proceeding, the Plan Administrator shall in writing offer the Company
the opportunity, at its own expense, to handle and defend the same.

     (c) All costs and expenses incurred in administering the Plan shall be paid
by the Company. The Board or the Plan Administrator may request advice for
assistance or employ such other persons as are necessary for proper
administration of the Plan.

     Section 5. Eligibility and Participation.
     ---------- ------------------------------

     (a) Any person who qualifies or will qualify as an Eligible Employee on the
Date of Participation with respect to a Participation Period may elect to
participate in the Plan for such Participation Period. An Eligible Employee may
elect to participate by executing the participation agreement prescribed for
such purpose by the Plan Administrator. The participation agreement shall be
filed with the Plan Administrator no later than the deadline stated on the
participation agreement, and if none is stated, then no later than the first day
of the Participation Period. The Eligible Employee shall designate on the
participation agreement the amount, of his or her Compensation which he or she
elects to have withheld for the purchase of Stock in the manner specified by the
Plan Administrator; provided that the amount may not be greater than ten percent
(10%) of the Participant's Compensation.

     (b) By enrolling in the Plan, a Participant shall be deemed to have elected
to purchase the maximum number of whole shares of Stock which can be purchased
with the amount of the Participant's Compensation which is withheld during the
Participation Period.

     (c) Once enrolled, a Participant will continue to participate in the Plan
for each succeeding Participation Period until he or she terminates
participation or ceases to qualify as an Eligible Employee. A Participant who
withdraws from the Plan in accordance with Section 10 may again become a
Participant, if he or she then is an Eligible Employee, by following the
procedure described in Section 5(a).

     Section 6. Participation Periods.
     ---------- ----------------------

     The Plan shall be implemented by one or more Participation Periods of not
more than twenty-seven (27) months each. The Board of Directors, or a committee
to which the Board has delegated its authority, shall determine the commencement
date and duration of each Participation Period.

     Section 7. Purchase Price.
     ---------- ---------------

     The Purchase Price for each share of Stock shall be the lesser of (i)
eighty-five percent (85%) of the Fair Market Value of such share on the last
trading day before the Date of Participation or (ii) eighty-five percent (85%)
of the Fair Market Value of such share on the last trading day during the
Participation Period.

     Section 8. Employee Contributions.
     ---------- -----------------------

     A Participant may purchase shares of Stock solely by means of payroll
deductions. Payroll deductions, as designated by the Participant pursuant to
Section 5(a), shall commence

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with the first paycheck issued during the Participation Period and shall be
deducted from each paycheck throughout the Participation Period. If a
Participant desires to decrease the rate of payroll withholding during the
Participation Period, he or she may do so, if permitted by the Plan
Administrator, one time during a Participation Period by filing a new
participation agreement with the Plan Administrator. Such decrease will be
effective as of the first day of the second payroll period which begins
following the receipt of the new participation agreement. If a Participant
desires to increase the rate of payroll withholding, he or she may do so
effective for the next Participation Period by filing a new participation
agreement with the Plan Administrator on or before the date specified by the
Plan Administrator, and if none is stated, then no later than the first day of
the Participation Period for which such change is to be effective.

     Section 9. Plan Accounts; Purchase of Shares.
     ---------- ----------------------------------

     (a) The Company will maintain a Plan Account on its books in the name of
each Participant. At the close of each pay period, the amount deducted from the
Participant's Compensation will be credited to the Participant's Plan Account.

     (b) As of the last day of each Participation Period, the amount then in the
Participant's Plan Account will be divided by the Purchase Price, and the number
of whole shares which results (subject to the limitations described in Sections
5(b), 9(c) and 14) shall be purchased from the Company with the funds in the
Participant's Plan Account. Share certificates representing the number of shares
of Stock so purchased shall be delivered to the Plan Administrator pursuant to a
participation agreement between each Participant and the Company and subject to
the conditions described therein which may include a requirement that shares of
Stock be held and not sold for certain time periods.

     (c) In the event that the aggregate number of shares which all Participants
elect to purchase during a Participation Period shall exceed the number of
shares remaining available for issuance under the Plan, then the number of
shares to which each Participant shall become entitled shall be determined by
multiplying the number of shares available for issuance by a fraction the
numerator of which is the sum of the number of shares the Participant has
elected to purchase pursuant to Section 5, and the denominator of which is the
sum of the number of shares which all employees have elected to purchase
pursuant to Section 5. Any cash amount remaining in the Participant's Plan
Account under these circumstances shall be refunded to the Participant.

     (d) Any amount remaining in the Participant's Plan Account caused by a
surplus due to fractional shares after deducting the amount of the Purchase
Price for the number of whole shares issued to the Participant shall be carried
over in the Participant's Plan Account for the succeeding Participation Period,
without interest. Any amount remaining in the Participant's Plan Account caused
by anything other than a surplus due to fractional shares shall be refunded to
the Participant in cash, without interest.

     (e) As soon as practicable following the end of each Participation Period,
the Company shall deliver to each Participant a Plan Account statement setting
forth the amount of payroll deductions, the purchase price, the number of shares
purchased and the remaining cash balance, if any.

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     Section 10. Withdrawal From the Plan.
     ----------- -------------------------

     A Participant may elect to withdraw from participation under the Plan at
any time up to the last day of a Participation Period by filing the prescribed
form with the Plan Administrator. As soon as practicable after a withdrawal,
payroll deductions shall cease and all amounts credited to the Participant's
Plan Account will be refunded in cash, without interest. A Participant who has
withdrawn from the Plan shall not be a Participant in future Participation
Periods, unless he or she again enrolls in accordance with the provisions of
Section 5.

     Section 11. Effect of Termination of Employment or Death.
     ----------- ---------------------------------------------

     (a) Termination of employment as an Eligible Employee for any reason,
including death, shall be treated as an automatic withdrawal from the Plan under
Section 10. A transfer from one Participating Company to another shall not be
treated as a termination of employment.

     (b) A Participant may file a written designation of a beneficiary who is to
receive any shares and cash, if any, from the Participant's Account under the
Plan in the event of such Participant's death subsequent to the purchase of
shares but prior to delivery to him of such shares and cash. In addition, a
Participant may file a written designation of a beneficiary who is to receive
any cash from the Participant's Account under the Plan in the event of such
Participant's death prior to the last day of a Participation Period.

     (c) Such designation of beneficiary may be changed by the Participant at
any time by written notice. In the event of the death of a Participant in the
absence of a valid designation of a beneficiary who is living at the time of
such Participant's death, the Company shall deliver such shares and/or cash to
the executor or administrator of the estate of the Participant; or if no such
executor or administrator has been appointed (to the knowledge of the Company),
the Company, in its discretion, may deliver such shares and/or cash to the
spouse or to any one or more dependents or relatives of the Participant; or if
no spouse, dependent or relative is known to the Company, then to such other
person as the Company may designate. Section 12. Rights Not Transferable.

     Section 12. Rights Not Transferable.
     ----------  ------------------------

     The rights or interests of any Participant in the Plan, or in any Stock or
moneys to which he or she may be entitled under the Plan, shall not be
transferable by voluntary or involuntary assignment or by operation of law, or
by any other manner other than as permitted by the Code or by will or the laws
of descent and distribution. If a Participant in any manner attempts to
transfer, assign or otherwise encumber his or her rights or interest under the
Plan, other than as permitted by the Code or by will or the laws of descent and
distribution, such act shall be treated as an automatic withdrawal under Section
10.

     Section 13. Recapitalization, Etc.
     ----------  ----------------------

     (a) The aggregate number of shares of Stock offered under the Plan, the
number and price of shares which any Participant has elected to purchase
pursuant to Section 5 and the maximum number of shares which a Participant may
elect to purchase under the Plan in any Participation Period shall be
proportionately adjusted for any increase or decrease in the number of issued
shares of Stock resulting from a subdivision or consolidation of shares or any
other

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capital adjustment, the payment of a stock dividend, or other increase or
decrease in such shares effected without receipt of consideration by the
Company.

     (b) In the event of a dissolution or liquidation of the Company, or a
merger or consolidation to which the Company is a constituent corporation, this
Plan shall terminate, unless the plan of merger, consolidation or reorganization
provides otherwise, and all amounts which each Participant has paid towards the
Purchase Price of Stock hereunder shall be refunded, without interest.

     (c) The Plan shall in no event be construed to restrict in any way the
Company's right to undertake a dissolution, liquidation, merger, consolidation
or other reorganization.

     Section 14. Limitation on Stock Ownership.
     ----------- ------------------------------

     Notwithstanding any provision herein to the contrary, no Participant shall
be permitted to elect to participate in the Plan (i) if such Participant,
immediately after his or her election to participate, would own stock possessing
five percent (5%) or more of the total combined voting power or value of all
classes of stock of the Company or any parent or Subsidiary of the Company, or
(ii) if under the terms of the Plan the rights of the Employee to purchase Stock
under this Plan and all other qualified employee stock purchase plans of the
Company or its Subsidiaries would accrue at a rate which exceeds twenty-five
thousand dollars ($25,000) of the Fair Market Value of such Stock (determined at
the time such right is granted) for each calendar year for which such right is
outstanding at any time. For purposes of this Section 14, ownership of stock
shall be determined by the attribution rules of Section 424(d) of the Code, and
Participants shall be considered to own any stock which they have a right to
purchase under this or any other stock plan.

     Section 15. No Rights as an Employee.
     ----------- -------------------------

     Nothing in the Plan shall be construed to give any person the right to
remain in the employ of a Participating Company. Each Participating Company
reserves the right to terminate the employment of any person at any time and for
any reason.

     Section 16. Rights as a Stockholder.
     ----------- ------------------------

     A Participant shall have no rights as a stockholder with respect to any
shares he or she may have a right to purchase under the Plan until the date of
issuance of a stock certificate pursuant to Section 9(b), subject to the
stockholders approval of the adoption of the Plan.

     Section 17. Use of Funds.
     ----------- -------------

     All payroll deductions received or held by the Company under the Plan may
be used by the Company for any corporate purpose, and the Company shall not be
obligated to segregate such payroll deductions in separate accounts.

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     Section 18. Amendment or Termination of the Plan.
     ----------- -------------------------------------

     The Board of Directors shall have the right to amend, modify or terminate
the Plan at any time without notice. An amendment of the Plan shall be subject
to stockholder approval only to the extent required by applicable laws,
regulations or rules.

     Section 19. Governing Law.
     ----------- --------------

     The Plan shall be governed by, and construed and interpreted in accordance
with, the laws of the State of California.

     To record the adoption of the Plan by the Board of Directors, effective as
of May 18, 2000, and subject to stockholder approval, the Company has caused its
authorized officer to execute the same on May 18, 2000.

                                First Northern Community Bancorp

                               By     /s/ Owen J. Onsum
                                  ----------------------------------------

                               Its  President
                                  ----------------------------------------

                                      -7-

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