0000717538-07-000025 Sample Contracts

EMPLOYMENT AGREEMENT (As Amended 6/28/00)
Employment Agreement • March 14th, 2007 • Arrow Financial Corp • National commercial banks • New York

AGREEMENT made as of the 1st day of January, 2007, (“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 wholly-owned subsidiary, GLENS FALLS NATIONAL BANK AND TRUST COMPANY, a national banking association with its principal place of business at 250 Glen Street, Glens Falls, New York 12801 (the "Bank"), and THOMAS L. HOY, residing at 25 Pershing Road, Queensbury, New York 12804 (the "Executive").

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CONSULTING AGREEMENT
Consulting Agreement • March 14th, 2007 • Arrow Financial Corp • National commercial banks • New York

THIS CONSULTING AGREEMENT, made and entered into as of the 1st day of January, 2007 (the “Agreement”), by and between Arrow Financial Corporation, a New York corporation (“AFC,” together with its subsidiaries and affiliates, the “Company”), and John J. Murphy (“Adviser”).

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