0001299933-10-004478 Sample Contracts

December 15, 2010 Kenneth H. Volz c/o Warwick Valley Telephone Company 47 Main Street Warwick, New York 10990 Mr. Volz:
Employment Agreement • December 17th, 2010 • Warwick Valley Telephone Co • Telephone communications (no radiotelephone)

This letter is intended to reflect the mutual understanding between you and the Board of Directors (the “Board’”) of Warwick Valley Telephone Company (the “Company”) regarding changes to the employment agreement between you and the Company, dated February 12, 2010 and effective April 11, 2010 (your “Employment Agreement”).

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December 15, 2010
Employment Agreement • December 17th, 2010 • Warwick Valley Telephone Co • Telephone communications (no radiotelephone)

This letter is intended to reflect the mutual understanding between you and the Board of Directors (the “Board’”) of Warwick Valley Telephone Company (the “Company”) regarding changes to the employment agreement between you and the Company, dated February 12, 2010 and effective April 11, 2010 (your “Employment Agreement”).

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