Re: Retention Agreement Dear Philip:Federal Home Loan Bank of New York • August 11th, 2021 • Federal & federally-sponsored credit agencies • New York
Company FiledAugust 11th, 2021 Industry JurisdictionAs we discussed, the Federal Home Loan Bank of New York (“FHLBNY” or the “Bank”) is prepared to offer you this Retention Agreement (“Agreement”) which is intended to provide you with a Retention Incentive (“Retention Incentive”) in exchange for and subject to your signing and returning this Agreement on or before June 30, 2021 and complying with the conditions contained herein.