Common use of Directors of the Surviving Bank Clause in Contracts

Directors of the Surviving Bank. Upon and after the Effective Date, until changed in accordance with the Charter and Bylaws of the Surviving Bank and applicable law, the number of directors of the Surviving Bank shall be seven. The names of those persons who, upon and after the Effective Date, shall be directors of the Surviving Bank are set forth below. Each such director shall serve for the term which expires at the annual meeting of shareholders of the Surviving Bank in the year set forth after his respective name, and until a successor is elected and qualified. Name Term Expires -------------------- ------------ Xxxx X. Xxxxxxx 2002 Xxxxxxx X. Xxxxx 2003 Xxxx X. Xxxxxxxxx 2003 Xxxxx X. Xxxxxxxxxxx 2004 Xxxx X. Xxxxx 2004 Xxxxxxx X. Xxxxxxx 2004 Xxxx X. Xxxxxxx 2005 Xxxxxx Xxxxxxx 2005 The address of each such director is c/o Oswego County Savings Bank, 00 Xxxx Xxxxxx Xxxxxx, Xxxxxx, XX 00000.

Directors of the Surviving Bank. Upon and after the Effective Date, until changed in accordance with the Charter and Bylaws of the Surviving Bank and applicable law, the number of directors of the Surviving Bank shall be seven. The names of those persons who, upon and after the Effective Date, shall be directors of the Surviving Bank are set forth below. Each such director shall serve for the term which expires at the annual meeting of shareholders of the Surviving Bank in the year set forth after his respective name, and until a successor is elected and qualified. Name Term Expires -------------------- ---------------------------------- ------------ Xxxx X. Xxxxxxx 2002 Xxxxxxx X. Xxxxx 2003 Xxxx X. Xxxxxxxxx 2003 Xxxxx X. Xxxxxxxxxxx 2004 Xxxx X. Xxxxx 2004 Xxxxxxx X. Xxxxxxx 2004 Xxxx X. Xxxxxxx 2005 Xxxxxx Xxxxxxx 2005 The address of each such director is c/o Oswego County Savings Bank, 00 Xxxx Xxxxxx Xxxxxx, Xxxxxx, XX 00000.