Exhibit 10.6
 AMENDMENT
To The
Hudson Valley Bank
Supplemental Retirement Plan
 THIS AMENDMENT TO THE HUDSON VALLEY BANK SUPPLEMENTAL RETIREMENT PLAN
 WHEREAS,
 WHEREAS,
 WHEREAS,
 WHEREAS,
 NOW, THEREFORE
 The following definitions if specifically identified in the original Plan are hereby replaced in
their entirety, and if not found in the original Plan are hereby added:
 The following Definitions are hereby amended:
   The following Definitions are hereby added to the Plan:




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The following Articles are hereby amended and shall read as follows:
 Postponed Retirement. Article Four: A. The Participant shall be required to
retire upon attaining the Normal Retirement Age, or, if the Retirement Extension Option is
exercised by the Participant, attaining the Extended Retirement Age. Upon request, the Participant
may, subject to approval by the Board of Directors of the Bank, remain in the employ of the Bank
beyond the age of 70 as an at will employee.
 B. No additional benefits shall accrue for the benefit of the Participant for any employment
subsequent to Age 65, or, if the Retirement Extension Option is exercised by the Participant,
subsequent to Age 65 but in no event beyond Age 70.
 Voluntary Resignation . In the event the Participant voluntarily resigns before
the Participant reaches age 70, the Banks obligations to make any payments under this Agreement
shall immediately terminate. Notwithstanding the foregoing terms, the Participant shall be deemed
fully vested under the Plan and shall be entitled to receive all of the benefits provided for under
the Plan, as amended, should he choose to retire after having both (i) completed twenty (20) years
of service with the Bank, and (ii) attained the age of 60.
 Termination without Cause. In the event the Participants employment is
terminated without cause before the Participant shall have reached the Age of 60, the Banks
obligation to make any payments under this Agreement shall immediately terminate, except the
Participant shall be entitled to receive a percentage of the annual benefits based upon the
following formula:
 Age at Termination
    
    Number of Years of Service
    
    Non-Forfeiture Benefit55 but less than 56
    
    10 or more
    
    
    50
    %56 but less than 57
    
    11 or more
    
    
    60
    %57 but less than 58
    
    12 or more
    
    
    70
    %58 but less than 59
    
    13 or more
    
    
    80
    %59 but less than 60
    
    14 or more
    
    
    90
    %
 Upon the occurrence of a Change in Control and Change in Control Events (both
terms being defined in the Plan Amendment dated on or about December 30, 2008), all benefits due
the Participant shall vest at 100% so long as said Participant shall have completed ten (10) or
more years of service with the Bank The determination as to the occurrence of a Change in Control
shall be based on objective facts and in accordance with the requirements of IRS Code Section
409A.
 The following Article is hereby added to the Plan and shall read as follows:




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IN WITNESS OF THE ABOVE
 WITNESS:
    
    FOR THE PLAN SPONSOR:Hudson Valley Bank, N.A.By:Its:Reviewed and Approved by:Hudson Valley Bank, N.A.Compensation CommitteeBy:Its:THE PARTICIPANT: