0000943374-23-000494 Sample Contracts

GENERATIONS BANK AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • December 21st, 2023 • Generations Bancorp NY, Inc. • Savings institution, federally chartered • New York

This Amended and Restated Employment Agreement (the “Agreement”) is made effective as of December 18, 2023 (the “Effective Date”), by and between Generations Bank, a federally chartered savings bank with its principal office in Seneca Falls, New York (the “Bank”), and Angela Krezmer (“Executive”). References to the “Company” mean Generations Bancorp NY, Inc. a Maryland corporation that owns 100% of the common stock of the Bank. The Company shall be a signatory to this Agreement for the sole purpose of guaranteeing the Bank’s performance hereunder.

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