0001144204-12-015267 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 15th, 2012 • Warwick Valley Telephone Co • Telephone communications (no radiotelephone) • New York

This Employment Agreement (this “Agreement”) is made and entered into as of August 8, 2011 and shall be effective August 8, 2011 (the “Effective Date”), by and between Warwick Valley Telephone Company (the “Company”) and John Mercer (“Executive”).

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Revision to David Cuthbert EMPLOYMENT AGREEMENT
Employment Agreement • March 15th, 2012 • Warwick Valley Telephone Co • Telephone communications (no radiotelephone)

This Revision to David Cuthbert’s August 5, 2011 Employment Agreement is effective February 1, 2012. As a result of the transfer of Jay Mercer to report to David, the additional responsibilities warrant an increase in base pay.

Lock-Up and PUT AGREEMENT
Up and Put Agreement • March 15th, 2012 • Warwick Valley Telephone Co • Telephone communications (no radiotelephone) • New York

THIS Lock-UP and PUT AGREEMENT (this “Agreement”) is made as of October 21, 2011, by and among Warwick Valley Telephone Company, a New York corporation with offices at 47 Main St., PO Box 592, Warwick, NY 10990 (“Parent”), and each of the individuals identified on the signature page of this Agreement (each, a “Holder” and collectively, the “Holders”). Parent and the Holders are sometimes referred to individually as a “Party” and collectively as the “Parties”.

ADDENDUM TO EMPLOYMENT AGREEMENT Effective: 08.05.11 Ralph Martucci
Employment Agreement • March 15th, 2012 • Warwick Valley Telephone Co • Telephone communications (no radiotelephone)
Revision to David Cuthbert EMPLOYMENT AGREEMENT
Employment Agreement • March 15th, 2012 • Warwick Valley Telephone Co • Telephone communications (no radiotelephone)
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