GENERATIONS BANK EMPLOYMENT AGREEMENTEmployment Agreement • May 8th, 2023 • Generations Bancorp NY, Inc. • Savings institution, federally chartered • New York
This Employment Agreement (the “Agreement”) is made effective as of January 31, 2022 (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 Anthony G. Cutrona (“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.
