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Exhibit 10.18 Salary Continuation Agreement with Francis J. Evanitsky, as amended
 THE JUNIATA VALLEY BANK
SALARY CONTINUATION AGREEMENT
  INTRODUCTION
  AGREEMENT
  Article 1
Definitions
  Change in Control
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2




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Code
 Corporation
 Disability
 Early Retirement Age
 Early Retirement Date
 Early Termination
 Early Termination Date
 Effective Date
 Normal Retirement Age th
 Normal Retirement Date
 Plan Year
 Termination for Cause
 Termination of Employment
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Years of Service
 Article 2
Lifetime Benefits
 Annual Normal Retirement Benefit
 Amount of Benefit
 Payment of Benefit
 Benefit Increases
 Early Retirement Annual Benefit
 Amount of Benefit
 Payment of Benefit
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Benefit Increases
 Early Termination Benefit.
 Disability Annual Benefit.
 Amount of Benefit.
 Payment of Benefit .
 Benefit Increases
 Change in Control Annual Benefit
 Amount of Benefit.
 Payment of Benefit .
 Benefit Increases
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Article 3
Death Benefits
 Death During Active Service
 Amount of Benefit
 Payment of Benefit
 Death During Lifetime Benefit Period
 Death Following Termination of Employment But Before Benefits Commence.
 Article 4
Beneficiaries
 Beneficiary Designations
 Facility of Payment
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Article 5
General Limitations
 Excess Parachute or Golden Parachute Payment.
 Termination for Cause
    Removal.
 Competition
 Non-compete Provision
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(i)
    
    become employed by, participate in, or be connected in any manner
with the ownership, management, operation or control of any bank, savings and
loan or any financial institution, as that term is defined in the
Gramm-Leach-Bliley Act of 1999, Pub. L. 106-102, that has its main office, a
branch office, or conducts any business within a forty (40) mile radius of
Mifflintown, Pennsylvania; or(ii)
    
    participate in any way in hiring or otherwise engaging, or
assisting any other person or entity in hiring or otherwise engaging, on a
temporary, part-time or permanent basis, any individual who was employed by the
Corporation or any of its subsidiaries during the three (3) year period
immediately prior to the termination of the Executives employment; or(iii)
    
    assist, advise, or serve in any capacity, representative or
otherwise, any third party in any action against the Corporation or any of its
subsidiaries or transaction involving the Corporation or any of its subsidiaries;
or(iv)
    
    sell, offer to sell, provide banking or other financial services,
assist any other person in selling or providing banking or other financial
services, or solicit or otherwise compete for, either directly or indirectly, any
orders, contract, or accounts for services of a kind or nature like or
substantially similar to the services performed or products sold by the
Corporation or any of its subsidiaries (the preceding hereinafter referred to as
Services), to or from any person or entity from whom the Executive or the
Corporation or any of its subsidiaries provided banking or other financial
services, sold, offered to sell or solicited orders, contracts or accounts for
Services during the three (3) year period immediately prior to the termination of
the Executives employment; or(v)
    
    divulge, disclose, or communicate to others in any manner
whatsoever, any confidential information of the Corporation or any of its
subsidiaries, including, but not limited to, the names and addresses of customers
of the Corporation or any of its subsidiaries, as they may have existed from time
to time or of any of the Corporations or any of its subsidiaries prospective
customers, work performed or services rendered for any customer, any method
and/or procedures relating to projects or other work developed for the
Corporation or any of its subsidiaries, earnings or other information concerning
the Corporation or any of its subsidiaries. The restrictions contained in this
subparagraph (v) apply to all information regarding the Corporation or any of its
subsidiaries unless and until it becomes known to the general public from sources
other than the Executive.
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Judicial Remedies ex parte
 Overbreadth of Restrictive Covenant.
  Suicide or Misstatement
 Article 6
Claims Procedure
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Article 7
Amendments and Termination
  Article 8
Miscellaneous
 Binding Effect
 No Guarantee of Employment
 Non-Transferability
 Tax Withholding
 Applicable Law
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Reorganization.
 Unfunded Arrangement
 Recovery of Estate Taxes
 Entire Agreement.
 Administration.
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EXECUTIVE:
    
    
    
    
    
    BANK:THE JUNIATA VALLEY BANK/s/ Francis J. Evanitsky

Francis J. Evanitsky
    
    
    
    By
    
    /s/ Martin L. DreibelbisTitle
    
    Chairman
  ATTEST:
    
    
    
    CORPORATION:THE JUNIATA VALLEY FINANCIAL CORP./s/ Judy E. Robinson
    
    
    
    By
    
    /s/ Martin L. DreibelbisTitle
    
    Chairman
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BENEFICIARY DESIGNATION
 THE JUNIATA VALLEY BANK
SALARY CONTINUATION AGREEMENT
 Francis J. Evanitsky
  Primary:Contingent:
 Note:
    
    To name a trust as beneficiary, please provide the name of the trustee(s) and the
exact name and date of the trust agreement.
    
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FIRST AMENDMENT
TO
THE JUNIATA VALLEY BANK
SALARY CONTINUATION AGREEMENT
FOR FRANCIS J. EVANITSKY
 th
   1.4
    
    Disability means the Executive suffering a sickness, accident or injury which
has been determined by the carrier of any individual or group disability insurance
policy covering the Executive, or by the Social Security Administration, to be a
disability rendering the Executive totally and permanently disabled. The Executive must
submit proof to the company of the carriers or Social Security Administrations
determination upon the request of the Company.
  6.1
    
    Claims Procedure. Any person or entity who has not received benefits under this
Agreement that he or she believes should be paid (claimant) shall make a claim for
such benefits as follows:
 6.1.1
    
    Initiation  Written Claim. The claimant initiates a claim by
submitting to the Company a written claim for the benefits.6.1.2
    
    Timing of Company Response. The Company shall respond to such
claimant within 90 days after receiving the claim. If the Company determines
that special circumstances require additional time for processing the claim,
the Company can extend the response period by an additional 90 days by
notifying the claimant in writing, prior to the end of the initial 90-day
period, that an additional period is required. The notice of extension must set
forth the special circumstances and the date by which the Company expects to
render its decision.6.1.3
    
    Notice of Decision. If the Company denies part or all of the
claim, the Company shall notify the claimant in writing of such denial. The
Company
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shall write the notification in a manner calculated to be understood by
the claimant. The notification shall set forth:
 (a)
    
    The specific reasons for the denial,(b)
    
    A reference to the specific provisions of the
Agreement on which the denial is based,(c)
    
    A description of any additional information or
material necessary for the claimant to perfect the claim and an
explanation of why it is needed,(d)
    
    An explanation of the Agreements review
procedures and the time limits applicable to such procedures, and(e)
    
    A statement of the claimants right to bring a
civil action under ERISA Section 502(a) following an adverse benefit
determination on review.
 6.2
    
    Review Procedure. If the Company denies part or all of the claim, the claimant
shall the opportunity for a full and fair review by the Company of the denial, as
follows:
 6.2.1
    
    Initiation  Written Request. To initiate the review, the
claimant, within 60 days after receiving the Companys notice of denial, must
file with the Company, a written request for review.6.2.2
    
    Additional Submissions  Information Access. The claimant
shall then have the opportunity to submit written comments, documents, records
and other information relating to the claim. The Company shall also provide the
claimant, upon request and free of charge, reasonable access to, and copies of,
all documents, records and other information relevant (as defined in applicable
ERISA regulations) to the claimants claim for benefits.6.2.3
    
    Considerations on Review. In considering the review, the
Company shall take into account all materials and information the claimant
submits relating to the claim, without regard to whether such information was
submitted or considered in the initial benefit determination.6.2.4
    
    Timing of Company Response. The Company shall respond in
writing to such claimant within 60 days after receiving the request for review.
If the Company determines that special circumstances require additional time
for processing the claim, the Company can extend the response period by an
additional 60 days by notifying the claimant in writing, prior to the end of
the initial 60-day period, that an additional period is requir4ed. The notice
of extension must set forth the special circumstances and the date by which the
Company expects to render its decision.6.2.5
    
    Notice of Decision. The Company shall notify the claimant in
writing of its decision on review. The Company shall write the notification in
a manner calculated to be understood by the claimant. The notification shall
set forth:
 (a)
    
    The specific reasons for the denial,
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(b)
    
    A reference to the specific provisions of the
Agreement on which the denial is based,(c)
    
    A statement that the claimant is entitled to
receive, upon request and free of charge, reasonable access to, and
copies of, all documents, records and other information relevant (as
defined in applicable ERISA regulations) to the claimants claim for
benefits, and(d)
    
    A statement of the claimants right to bring a
civil action under ERISA Section 502(a).
  EXECUTIVE
    
    
    
    THE JUNIATA VALLEY BANK/s/ Francis J. Evanitsky
    
    
    
    By
    
    /s/ Marin L. DreibelbisFrancis J. Evanitsky
    
    
    
    Title
    
    Chairman
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