Revision to David Cuthbert EMPLOYMENT AGREEMENT

exhibit 10.23

Revision to Xxxxx Xxxxxxxx EMPLOYMENT AGREEMENT

This Revision to Xxxxx Xxxxxxxx’x August 5, 2011 Employment Agreement is effective December 15, 2011.

1. Compensation and Benefits.

(a)    Base Salary. During the Employment Term, the Company shall pay Executive a base salary at the annual rate of $285,000 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.

In Witness Whereof, the parties hereto have duly executed this Agreement as of the day and year set forth below.

Warwick Valley Telephone Company			Executive
By:	/s/ Xxxxx X. Xxxxx		By:	/s/ Xxxxx Xxxxxxxx
Name:	Xxxxx X. Xxxxx		Address:
Title:	President and CEO
Date:	12/14/11		Date:	12/14/11