ADDENDUM TO EMPLOYMENT AGREEMENT Effective: 08.05.11 Ralph Martucci

EXHIBIT 10.21

ADDENDUM TO EMPLOYMENT AGREEMENT

Effective: 08.05.11

Xxxxx Xxxxxxxx

Effective with the successful closing of the acquisition of Alteva, LLC on August 5, 2011, the following changes are enforced:

4.(a) Base Salary. During the Employment Term, the Company shall pay Executive a base salary at the annual rate of $200,000.00 per year or such higher rate as may be determined annually by the Company (“Base Salary”). Such Base Salary, less applicable withholdings, shall be paid in accordance with the Company’s standard payroll practice for executives.

APPENDIX A

Incentive Compensation (Long Term Incentive Plan) Component:

Ø Target Incentive Compensation Component

Stock Options: 15,000

Restricted Shares: 3,750

WARWICK VALLEY TELEPHONE COMPANY:			EXECUTIVE:
By:	/s/ Xxxxx X. Xxxxx		By:	/s/ Xxxxx Xxxxxxxx
	Xxxxx X. Xxxxx			Xxxxx Xxxxxxxx
	President and CEO			Executive Vice President, CFO, Treasurer
	August 8, 2011			August 8, 2011