December 17, 1999 Gerard R. Bilodeau Glens Falls National Bank & Trust Company Dear Gerry: We hereby agree with you that, if there is a "change in control" of Arrow and you are not offered a position with the surviving or resulting company at a base...Arrow Financial Corp • March 23rd, 2000 • National commercial banks
We hereby agree with you that, if there is a "change in control" of Arrow and you are not offered a position with the surviving or resulting company at a base salary at least equal to your base salary immediately prior to the change in control (your "Base Salary") or if you are offered a position which requires you to relocate more than 50 miles, you will be entitled to receive, upon termination of your employment, a lump sum payment in cash equal to two years' Base Salary, plus continuing coverage for two years after the termination of your employment, under Arrow's group medical, dental and term life insurance arrangements that are in effect at the time of such "change in control", including any cost-sharing arrangements. A "change in control" of Arrow is described on Exhibit A attached to this letter.
December 17, 1999 John C. Van Leeuwen Glens Falls National Bank & Trust Company Dear Jack: We hereby agree with you that, if there is a "change in control" of Arrow and you are not offered a position with the surviving or resulting company at a base...Arrow Financial Corp • March 23rd, 2000 • National commercial banks
We hereby agree with you that, if there is a "change in control" of Arrow and you are not offered a position with the surviving or resulting company at a base salary at least equal to your base salary immediately prior to the change in control (your "Base Salary") or if you are offered a position which requires you to relocate more than 50 miles, you will be entitled to receive, upon termination of your employment, a lump sum payment in cash equal to two years' Base Salary, plus continuing coverage for two years after the termination of your employment, under Arrow's group medical, dental and term life insurance arrangements that are in effect at the time of such "change in control", including any cost-sharing arrangements. A "change in control" of Arrow is described on Exhibit A attached to this letter.
EMPLOYMENT AGREEMENT AGREEMENT made as of the 1st day of January, 2000, ("Agreement") among ARROW FINANCIAL CORPORATION, a New York corporation with its principal place of business at 250 Glen Street, Glens Falls, New York 12801 ("Arrow"), its...Employment Agreement • March 23rd, 2000 • Arrow Financial Corp • National commercial banks • New York
AGREEMENT AGREEMENT THIS AGREEMENT (the "Agreement") is made and entered into as of this 14th day of April, 1999, by and between Arrow Financial Corporation, a New York corporation (the "Company"), and Michael F. Massiano ("Massiano"). RECITALS A. On...Agreement • March 23rd, 2000 • Arrow Financial Corp • National commercial banks
EMPLOYMENT AGREEMENT AGREEMENT made as of the 1st day of January, 2000, ("Agreement") among ARROW FINANCIAL CORPORATION, a New York corporation with its principal place of business at 250 Glen Street, Glens Falls, New York 12801 ("Arrow"), its...Employment Agreement • March 23rd, 2000 • Arrow Financial Corp • National commercial banks • New York
