RP® FINANCIAL, LC.Pathfinder Bancorp, Inc. • June 11th, 2014
This letter sets forth the agreement between Pathfinder Bank, Oswego, New York (the “Bank”), the wholly-owned subsidiary of Pathfinder Bancorp, Inc. (the “Company”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with the second step conversion transaction by the Company. The scope, timing and fee structure for these appraisal services are described below.
