EMPLOYMENT AGREEMENTEmployment Agreement • July 7th, 2006 • Alliance Financial Corp /Ny/ • National commercial banks • New York
This sets forth the EMPLOYMENT AGREEMENT made and entered into as of August 1, 2006 (the “Effective Date”) by and among (i) Alliance Financial Corporation, a New York corporation and registered bank holding company (“Corporation”), and Alliance Bank, N.A. (“Bank”), which is a wholly-owned subsidiary of the Corporation (collectively, the Corporation and Bank are hereafter referred to as “Employer”), having an office in Syracuse and in Cortland and Oneida, New York, and (ii) JACK H. WEBB, an individual currently residing at 5216 Duane Drive, Fayetteville, New York (“Employee”). This Agreement supersedes the Employment Agreement between the parties dated as of April 29, 2003 which provided for a term ending July 31, 2006.
