Severance Agreement (as amended June 25, 2014)Severance Agreement • March 24th, 2015 • Cortland Bancorp Inc • Savings institution, federally chartered • Ohio
This Severance Agreement (this “Agreement”) is entered into effective as of this 28th day of September, 2012, by and between Cortland Bancorp, an Ohio corporation, and Timothy Carney (the “Executive”), Executive Vice President and Chief Operating Officer of Cortland Bancorp and The Cortland Savings and Banking Company (the “Bank”), an Ohio-chartered bank and wholly owned subsidiary of Cortland Bancorp.
