DIRECTOR SUPPLEMENTAL

                             RETIREMENT BENEFIT PLAN

                           OSWEGO COUNTY SAVINGS BANK

                                Oswego, New York

                                 March 15, 2000


                  Financial Institution Consulting Corporation

                          700 Colonial Road, Suite 260

                            Memphis, Tennessee 38117

                              WATS: 1-800-873-0089

                               FAX: (901) 684-7414

                                 (901) 684-7400
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                 DIRECTORS SUPPLEMENTAL RETIREMENT BENEFIT PLAN

         This Directors Supplemental Retirement Benefit Plan (the "Plan"),
executed as of the 15th day March, 2000, formalizes the understanding by and
between OSWEGO COUNTY SAVINGS BANK. (the "Bank"), a state chartered savings
bank, and its directors, hereinafter referred to as "Director(s)", who shall be
eligible to participate in this Plan by execution of a Directors Supplemental
Retirement Benefit Plan Joinder Agreement ("Joinder Agreement") in a form
provided by the Bank. Any reference herein to the "Holding Company" shall mean
the Oswego County Bancorp, Inc. and any reference to the "Mutual Holding
Company" shall mean Oswego County Mutual Holding Co., M.H.C.

                              W I T N E S S E T H :

         WHEREAS, the Directors serve the Bank as members of the Board of
Directors; and

         WHEREAS, the Bank desires to honor, reward and recognize the Directors
who have provided long and faithful service to the Bank and to ensure the
continued service on the Board by such Directors until retirement age; and

         WHEREAS, the Directors wish to be assured that they will be entitled to
a certain amount of extended compensation for some definite period of time from
and after retirement from active service with the Bank or other termination of
service and wish to provide their beneficiaries with benefits from and after
death; and

         WHEREAS, the Bank and the Directors wish to provide the terms and
conditions upon which the Bank shall pay such extended compensation to the
Directors after retirement or other termination of service and/or death benefits
to their beneficiaries after death; and

         WHEREAS, the Bank and the Directors intend this Plan to be considered
an unfunded arrangement, maintained primarily to provide supplemental retirement
income for such Directors; and


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         WHEREAS, the Bank has adopted this Directors Supplemental Retirement
Benefit Plan which controls all issues relating to Retirement Benefits as
described herein;

         NOW, THEREFORE, in consideration of the premises and of the mutual
promises herein contained, the Bank and the Directors agree as follows:

                                    SECTION I

                                   DEFINITIONS

         When used herein, the following words and phrases shall have the
meanings below unless the context clearly indicates otherwise:

1.1      "Accrued Benefit" means that portion of the Retirement Benefit which is
         required to be expensed and accrued under generally accepted accounting
         principles (GAAP) by any appropriate method which the Bank's Board of
         Directors may require in the exercise of its sole discretion.

1.2      "Act" means the Employee Retirement Income Security Act of 1974, as
         amended from time to time.

1.3      "Administrator" means the Bank.

1.4      "Bank" means OSWEGO COUNTY SAVINGS BANK and any successor thereto.

1.5      "Beneficiary" means the person or persons (and their heirs) designated
         as Beneficiary in the Director's Joinder Agreement to whom the deceased
         Director's benefits are payable. If no Beneficiary is so designated,
         then the Director's Spouse, if living, will be deemed the Beneficiary.
         If the Director's Spouse is not living, then the Children of the
         Director
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         will be deemed the Beneficiaries and will take on a per stirpes basis.
         If there are no living Children, then the Estate of the Director will
         be deemed the Beneficiary.

1.6      "Benefit Age" shall be the birthday on which the Director becomes
         eligible to receive the Retirement Benefit under the Plan. Such
         birthday shall be designated in the Director's Joinder Agreement.

1.7      "Benefit Eligibility Date" shall be the date on which a Director is
         entitled to receive his Retirement Benefit. A Director's "Benefit
         Eligibility Date" shall occur on the 1st day of the month coincident
         with or next following the month in which the Director attains his
         Benefit Age designated in the Joinder Agreement.

1.8      "Cause" means personal dishonesty, willful misconduct, willful
         malfeasance, breach of fiduciary duty involving personal profit,
         intentional failure to perform stated duties, willful violation of any
         law, rule, regulation (other than traffic violations or similar
         offenses), or final cease-and-desist order, material breach of any
         provision of this Plan, or gross negligence in matters of material
         importance to the Bank.

1.9      A "Change in Control" shall mean and include the following with respect
         to the Mutual Holding Company, the Bank, or the Holding Company:

(2)               a reorganization, merger, merger conversion, consolidation or
                  sale of all or substantially all of the assets of the Bank,
                  the Mutual Holding Company or the Holding Company, or a
                  similar transaction in which the Bank, the Mutual Holding
                  Company or the Holding Company is not the resulting entity; or

(3)               individuals who constitute the board of directors of the Bank,
                  the Mutual Holding Company or the Holding Company on the date
                  hereof (the "Incumbent Board") cease for any reason to
                  constitute at least a majority thereof, provided that any
                  person becoming a director subsequent to the date hereof whose
                  election was

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                  approved by a vote of at least three-quarters of the directors
                  comprising the Incumbent Board, or whose nomination for
                  election was approved by the Holding Company's nominating
                  committee which is comprised of members of the Incumbent
                  Board, shall be, for purposes of this clause (ii) considered
                  as though he were a member of the Incumbent Board.

                  Notwithstanding the foregoing, a "Change in Control" of the
         Bank or the Holding Company shall not be deemed to have occurred if the
         Mutual Holding Company ceases to own at least 51% of all outstanding
         shares of stock of the Holding Company in connection with a liquidation
         of the Mutual Holding Company into the Holding Company or a conversion
         of the Mutual Holding Company from mutual to stock form.

                  In addition, "Change in Control" shall mean and include the
         following with respect to the Bank or the Holding Company in the event
         that the Mutual Holding Company converts to stock form or in the event
         that the Holding Company issues shares of its common stock to
         stockholders other than the Mutual Holding Company:

         (1)      a change in control of a nature that would be required to be
                  reported in response to Item 1(a) of the current report on
                  Form 8-K, as in effect on the date hereof, pursuant to Section
                  13 or 15(d) of the Securities Exchange Act of 1934
                  (hereinafter the "Exchange Act"); or

         (2)      an acquisition of "control" as defined in the Bank Holding
                  Company Act and applicable regulations thereunder ("BHCA"), as
                  determined by the Board of Directors of the Bank or the
                  Holding Company; or

         (3)      at such time as:
                  (i)      any "person" (as the term is used in Sections 13(d)
                           and 14(d) of the Exchange Act) or "group acting in
                           concert" is or becomes the "beneficial owner" (as
                           defined in Rule 13d-3 under the Exchange Act),
                           directly or indirectly, of securities of the Bank
                           representing Twenty Percent (20%) or more of the
                           combined voting power of the Bank's or Holding
                           Company's outstanding securities ordinarily having
                           the right to vote at the elections of


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                           directors, except for any stock purchased by the
                           Bank's Employee Stock Ownership Plan and/or the trust
                           under such plan; or

                  (ii)     a proxy statement is issued soliciting proxies from
                           the stockholders of the Holding Company by someone
                           other than the current management of the Holding
                           Company, seeking stockholder approval of a plan of
                           reorganization, merger, or consolidation of the
                           Holding Company with one or more corporations as a
                           result of which the outstanding shares of the class
                           of the Holding Company's securities are exchanged for
                           or converted into cash or property or securities not
                           issued by the Holding Company.

                  The term "person" includes an individual, a group acting in
         concert, a corporation, a partnership, an association, a joint venture,
         a pool, a joint stock company, a trust, an unincorporated organization
         or similar company, a syndicate or any other group formed for the
         purpose of acquiring, holding or disposing of securities. The term
         "acquire" means obtaining ownership, control, power to vote or sole
         power of disposition of stock, directly or indirectly or through one or
         more transactions or subsidiaries, through purchase, assignment,
         transfer, exchange, succession or other means, including (1) an
         increase in percentage ownership resulting from a redemption,
         repurchase, reverse stock split or a similar transaction involving
         other securities of the same class; and (2) the acquisition of stock by
         a group of persons and/or companies acting in concert which shall be
         deemed to occur upon the formation of such group, provided that an
         investment advisor shall not be deemed to acquire the voting stock of
         its advisee if the advisor (a) votes the stock only upon instruction
         from the beneficial owner and (b) does not provide the beneficial owner
         with advice concerning the voting of such stock. The term "security"
         includes nontransferable subscription rights issued pursuant to a plan
         of conversion, as well as a "security," as defined in 15 U.S.C. ss.
         78c(2)(1); and the term "acting in concert" means (1) knowing
         participation in a joint activity or interdependent conscious parallel
         action towards a common goal whether or not pursuant to an express
         agreement, or (2) a combination or pooling of voting or other interests
         in the securities of an issuer for a common purpose pursuant to any
         contract, understanding, relationship,


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         agreement or other arrangement, whether written or otherwise. Further,
         acting in concert with any person or company shall also be deemed to be
         acting in concert with any person or company that is acting in concert
         with such other person or company.

                  Notwithstanding the above definitions, the boards of directors
         of the Bank or the Holding Company, in their absolute discretion, may
         make a finding that a Change in Control of the Bank or the Holding
         Company has taken place without the occurrence of any or all of the
         events enumerated above.

1.10     "Children" means the Director's children, or the issue of any deceased
         Children, then living at the time payments are due the Children under
         this Plan. The term "Children" shall include both natural and adopted
         Children.

1.11     "Disability Benefit" means the monthly benefit payable to the Director
         following a determination, in accordance with Subsection 3.6, that he
         is no longer able, properly and satisfactorily, to perform his duties
         as Director.

1.12     "Effective Date" of this Plan shall be March 15, 2000.

1.13     "Estate" means the estate of the Director.

1.14     "Interest Factor" means monthly compounding or discounting, as
         applicable, at seven percent (7%) per annum.

1.15     "Payout Period" means the time frame during which certain benefits
         payable hereunder shall be distributed. Payments shall be made in equal
         monthly installments commencing within thirty (30) days following the
         occurrence of the event which triggers distribution for One Hundred
         Twenty (120) consecutive months. For purposes of the Survivor's


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         Benefits payable hereunder, the Payout Period shall be One Hundred
         Twenty (120) consecutive months.

1.16     "Plan Year" shall mean the calendar year.

1.17     "Spouse" means the individual to whom the Director is legally married
         at the time of the Director's death.



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1.18     "Retirement Benefit" means an annual amount payable to the Director in
         monthly installments throughout the Payout Period, equal to the amount
         designated in the Director's Joinder Agreement and subject to
         Subsection 3.1.

1.19     "Survivor's Benefit" means an annual amount payable to the Beneficiary
         in monthly installments throughout the Payout Period, equal to the
         amount designated in the Director's Joinder Agreement and subject to
         Subsection 3.2.

                                   SECTION II

                          ESTABLISHMENT OF RABBI TRUST

         The Bank intends to establish a rabbi trust into which the Bank intends
to contribute assets which shall be held therein, subject to the claims of the
Bank's creditors in the event of the Bank's "Insolvency" as defined in the plan
which establishes such rabbi trust, until the contributed assets are paid to the
Directors and their Beneficiaries in such manner and at such times as specified
in this Plan. It is the intention of the Bank to make contributions to the rabbi
trust to provide the Bank with a source of funds to assist it in meeting the
liabilities of this Plan. The rabbi trust and any assets held therein shall
conform to the terms of the rabbi trust agreement which has been established in
conjunction with this Plan. To the extent the language in this Plan is modified
by the language in the rabbi trust agreement, the rabbi trust agreement shall
supersede this Plan. Any contributions to the rabbi trust shall be made during
each Plan Year in accordance with the rabbi trust agreement. The amount of such
contribution(s) shall be at least equal to the Director's Accrued Benefit, if
any, less: (i) previous contributions made on behalf of the Director to the
rabbi trust, and (ii) earnings to date on all such previous contributions.

                                   SECTION III

                                    BENEFITS

3.1      Retirement Benefit. If the Director is in the service of the Bank until
         reaching his Benefit Age, the Director shall be entitled to the
         Retirement Benefit. Such Retirement Benefit


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         shall commence on the 1st day of the month following the Director's
         actual retirement or other termination of service on the Board, other
         than a termination of service due to the Director's death, and shall be
         payable in monthly installments throughout the Payout Period. In the
         event a Director dies after commencement of the Retirement Benefit
         payments but before completion of all such payments due and owing
         hereunder, the Bank shall pay to the Director's Beneficiary a
         continuation of the monthly installments for the remainder of the
         Payout Period.

         A Director may, upon proper notice, reduce his Benefit Age so long as
         his Benefit Age, as modified, is not less than age sixty-five (65);
         provided however, that the Director has served on the Board for not
         less than ten (10) years from the effective date of this Plan. The
         Director must give notice in writing at least twelve (12) months prior
         to attaining his new Benefit Age, provided that such notice is given no
         later than the calendar year prior to attainment of the new Benefit
         Age. If the Director makes such an election, the Director shall be
         entitled to the annuitized value of the Accrued Benefit (using the
         Interest Factor) payable in monthly installments over the Payout Period
         commencing within thirty (30) days of the Director's attainment of the
         new Benefit Age. In the event that the Director dies after having given
         notice of electing to retire at the new Benefit Age but before leaving
         the service of the Bank or attaining the new Benefit Age, the
         Director's beneficiary will be entitle to the annuitized value of the
         Director's Accrued Benefit (using the Interest Factor) payable in
         monthly installments over the Payout Period commencing within thirty
         (30) days of the Director's death.

3.2      Death Prior to Benefit Age. If the Director dies prior to attaining his
         Benefit Age but while in the service of the Bank, the Director's
         Beneficiary shall be entitled to the Survivor's Benefit. The Survivor's
         Benefit shall commence within thirty (30) days of the Director's death
         and shall be payable in monthly installments throughout the Payout
         Period.


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3.3      Voluntary or Involuntary Termination Other Than for Cause.
         ---------------------------------------------------------

         (a)      If the Director's service with the Bank is voluntarily or
                  involuntarily terminated prior to the attainment of his
                  Benefit Eligibility Date, for any reason other than for Cause,
                  the Director's death, disability, or following a Change in
                  Control (as defined), the Director (or his Beneficiary) shall
                  be entitled to the annuitized value (using the Interest
                  Factor) of (i) his vested Accrued Benefit calculated as of the
                  date of his termination of service, plus (ii) interest accrued
                  on such vested Accrued Benefit from the date of termination
                  until his Benefit Age.

                  Such benefit shall commence on the Director's Benefit
                  Eligibility Date and shall be payable in monthly installments
                  throughout the Payout Period. In the event the Director dies
                  at any time after commencement of payments hereunder, but
                  prior to completion of all such payments due and owing
                  hereunder, the Bank shall pay to the Director's Beneficiary a
                  continuation of the monthly installments for the remainder of
                  the Payout Period.

         (b)      If the Director dies after his voluntary or involuntary
                  termination of service occurring prior to his Benefit
                  Eligibility Date, and prior to the commencement of benefits
                  hereunder, the Director's Beneficiary shall be entitled to the
                  annuitized value (using the Interest Factor) of his Accrued
                  Benefit. The payment of such benefit shall commence within
                  thirty (30) days of the Director's death. The benefit shall be
                  payable in monthly installments over the Payout Period.

3.4      Termination of Service Related to a Change in Control.
         -----------------------------------------------------

         (a)      If the Director's service is terminated (either voluntarily or
                  involuntarily) following or coincident with a Change in
                  Control, the Director shall be entitled to his full Retirement
                  Benefit (as if he had remained in service until his Benefit


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                  Age). Such benefit shall commence on the 1st day of the month
                  following his termination of service and shall be payable in
                  monthly installments throughout the Payout Period. In the
                  event that the Director dies at any time after commencement of
                  the payments, but prior to completion of all such payments due
                  and owing hereunder, the Bank, or its successor, shall pay to
                  the Director's Beneficiary a continuation of the monthly
                  installments for the remainder of the Payout Period.

         (b)      If, after such termination, the Director dies prior to
                  commencement of the benefits hereunder, the Director's
                  Beneficiary shall be entitled to the Survivor's Benefit which
                  shall commence within thirty (30) days of the Director's
                  death. The Survivor's Benefit shall be payable in monthly
                  installments over the Payout Period.

3.5      Termination for Cause. If the Director is terminated for Cause, all
         benefits under this Plan shall be forfeited and this Plan shall become
         null and void as to the Director.

3.6      Disability Benefit. Notwithstanding any other provision hereof, if
         requested by the Director and approved by the Board of Directors, the
         Director who has not attained his Benefit Eligibility Date shall be
         entitled to receive the Disability Benefit hereunder, in any case in
         which it is determined by a duly licensed physician selected by the
         Bank, that the Director is no longer able, properly and satisfactorily,
         to perform his regular duties as a Director, because of ill health,
         accident, disability or general inability due to age. If the Director's
         service is terminated pursuant to this paragraph and Board of Director
         approval is obtained, the Director may elect to begin receiving the
         Disability Benefit in lieu of any benefit available under Section 3.3,
         which is not available prior to the Director's Benefit Eligibility
         Date. The Disability Benefit shall equal the Director's Accrued
         Benefit, annuitized (using the Interest Factor) over the Payout Period.
         The Disability Benefit shall be payable in monthly installments over
         the Payout Period commencing within thirty (30)


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         days following the later of (i) the above mentioned disability
         determination and (ii) the approval of the Disability Benefit by the
         Board of Directors. In the event the Executive dies at any time after
         termination of employment due to disability but prior to commencement
         or completion of all payments due and owing hereunder, the Bank shall
         pay to the Executive's Beneficiary a continuation of the monthly
         installments for the remainder of the Payout Period.

                                   SECTION IV

                             BENEFICIARY DESIGNATION

         The Director shall make an initial designation of primary and secondary
Beneficiaries upon execution of his Joinder Agreement and shall have the right
to change such designation, at any subsequent time, by submitting to the
Administrator in substantially the form attached as Exhibit A to the Joinder
Agreement, a written designation of primary and secondary Beneficiaries. Any
Beneficiary designation made subsequent to execution of the Joinder Agreement
shall become effective only when receipt thereof is acknowledged in writing by
the Administrator.

                                    SECTION V

                           DIRECTOR'S RIGHT TO ASSETS

         The rights of the Director, any Beneficiary, or any other person
claiming through the Director under this Plan, shall be solely those of an
unsecured general creditor of the Bank. The Director, the Beneficiary, or any
other person claiming through the Director, shall only have the right to receive
from the Bank those payments so specified under this Plan. The Director agrees
that he, his Beneficiary, or any other person claiming through him shall have no
rights or


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interests whatsoever in any asset of the Bank, including any insurance policies
or contracts which the Bank may possess or obtain to informally fund this Plan.
Any asset used or acquired by the Bank in connection with the liabilities it has
assumed under this Plan, unless expressly provided herein, shall not be deemed
to be held under any trust for the benefit of the Director or his Beneficiaries,
nor shall any asset be considered security for the performance of the
obligations of the Bank. Any such asset shall be and remain, a general,
unpledged, and unrestricted asset of the Bank.


                                   SECTION VI

                            RESTRICTIONS UPON FUNDING

         The Bank shall have no obligation to set aside, earmark or entrust any
fund or money with which to pay its obligations under this Plan. The Director,
his Beneficiaries or any successor in interest to him shall be and remain simply
a general unsecured creditor of the Bank in the same manner as any other
creditor having a general claim for matured and unpaid compensation. The Bank
reserves the absolute right in its sole discretion to either purchase assets to
meet its obligations undertaken by this Plan or to refrain from the same and to
determine the extent, nature, and method of such asset purchases. Should the
Bank decide to purchase assets such as life insurance, mutual funds, disability
policies or annuities, the Bank reserves the absolute right, in its sole
discretion, to terminate such assets at any time, in whole or in part. At no
time shall the Director be deemed to have any lien, right, title or interest in
or to any specific investment or to any assets of the Bank. If the Bank elects
to invest in a life insurance, disability or annuity policy upon the life of the
Director, then the Director shall assist the Bank by freely submitting to a
physical examination and by supplying such additional information necessary to
obtain such insurance or annuities.



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<PAGE>

                                   SECTION VII

                     ALIENABILITY AND ASSIGNMENT PROHIBITION

         Neither the Director nor any Beneficiary under this Plan shall have any
power or right to transfer, assign, anticipate, hypothecate, mortgage, commute,
modify or otherwise encumber in advance any of the benefits payable hereunder,
nor shall any of said benefits be subject to seizure for the payment of any
debts, judgments, alimony or separate maintenance owed by the Director or his
Beneficiary, nor be transferable by operation of law in the event of bankruptcy,
insolvency or otherwise. In the event the Director or any Beneficiary attempts
assignment, communication, hypothecation, transfer or disposal of the benefits
hereunder, the Bank's liabilities shall forthwith cease and terminate.


                                  SECTION VIII

                                 ACT PROVISIONS

8.1      Named Fiduciary and Administrator. The Bank, as Administrator, shall be
         the Named Fiduciary of this Plan. As Administrator, the Bank shall be
         responsible for the management, control and administration of the Plan
         as established herein. The Administrator may delegate to others certain
         aspects of the management and operational responsibilities of the Plan,
         including the employment of advisors and the delegation of ministerial
         duties to qualified individuals.

8.2      Claims Procedure and Arbitration. In the event that benefits under this
         Plan are not paid to the Director (or to his Beneficiary in the case of
         the Director's death) and such claimants feel they are entitled to
         receive such benefits, then a written claim must be made to the
         Administrator within sixty (60) days from the date payments are
         refused. The Bank and its Board of Directors shall review the written
         claim and, if the claim is denied, in whole or in part, they shall
         provide in writing, within ninety (90) days of receipt of such claim,
         their specific reasons for such denial, reference to the provisions of


                                       15
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         this Plan or the Joinder Agreement upon which the denial is based, and
         any additional material or information necessary to perfect the claim.
         Such writing by the Bank and its Board of Directors shall further
         indicate the additional steps which must be undertaken by claimants if
         an additional review of the claim denial is desired.

         If claimants desire a second review, they shall notify the
         Administrator in writing within sixty (60) days of the first claim
         denial. Claimants may review this Plan, the Joinder Agreement or any
         documents relating thereto and submit any issues and comments, in
         writing, they may feel appropriate. In its sole discretion, the
         Administrator shall then review the second claim and provide a written
         decision within sixty (60) days of receipt of such claim. This decision
         shall state the specific reasons for the decision and shall include
         reference to specific provisions of this Plan or the Joinder Agreement
         upon which the decision is based.

         If claimants continue to dispute the benefit denial based upon
         completed performance of this Plan and the Joinder Agreement or the
         meaning and effect of the terms and conditions thereof, then claimants
         may submit the dispute to mediation, administered by the American
         Arbitration Association ("AAA") (or a mediator selected by the parties)
         in accordance with the AAA's Commercial Mediation Rules. If mediation
         is not successful in resolving the dispute, it shall be settled by
         arbitration administered by the AAA under its Commercial Arbitration
         Rules, and judgment on the award rendered by the arbitrator(s) may be
         entered in any court having jurisdiction thereof.

                                   SECTION IX

                                  MISCELLANEOUS

9.1      No Effect on Director's Rights. Nothing contained herein will confer
         upon the Director the right to be retained in the service of the Bank
         nor limit the right of the Bank to deal with the Director without
         regard to the existence of the Plan.


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<PAGE>

9.2      State Law. The Plan is established under, and will be construed
         according to, the laws of the State of New York, to the extent such
         laws are not preempted by the Act and valid regulations published
         thereunder.

9.3      Severability. In the event that any of the provisions of this Plan or
         portion thereof, are held to be inoperative or invalid by any court of
         competent jurisdiction, then: (1) insofar as is reasonable, effect will
         be given to the intent manifested in the provisions held invalid or
         inoperative, and (2) the validity and enforce ability of the remaining
         provisions will not be affected thereby.

9.4      Incapacity of Recipient. In the event the Director is declared
         incompetent and a conservator or other person legally charged with the
         care of his person or Estate is appointed, any benefits under the Plan
         to which such Director is entitled shall be paid to such conservator or
         other person legally charged with the care of his person or Estate.

9.5      Unclaimed Benefit. The Director shall keep the Bank informed of his
         current address and the current address of his Beneficiaries. The Bank
         shall not be obligated to search for the whereabouts of any person. If
         the location of the Director is not made known to the Bank as of the
         date upon which any payment of any benefits may first be made, the Bank
         shall delay payment of the Director's benefit payment(s) until the
         location of the Director is made known to the Bank; however, the Bank
         shall only be obligated to hold such benefit payment(s) for the
         Director until the expiration of thirty-six (36) months. Upon
         expiration of the thirty-six (36) month period, the Bank may discharge
         its obligation by payment to the Director's Beneficiary. If the
         location of the Director's Beneficiary is not made known to the Bank by
         the end of an additional two (2) month period following expiration of
         the thirty-six (36) month period, the Bank may discharge its obligation
         by payment to the Director's Estate. If there is no Estate in existence
         at such time or if such fact cannot be determined by the Bank, the
         Director and his


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<PAGE>

         Beneficiary(ies) shall thereupon forfeit any rights to the balance, if
         any, of any benefits provided for such Director and/or Beneficiary
         under this Plan.

9.6      Limitations on Liability. Notwithstanding any of the preceding
         provisions of the Plan, no individual acting as an employee or agent of
         the Bank, or as a member of the Board of Directors shall be personally
         liable to the Director or any other person for any claim, loss,
         liability or expense incurred in connection with the Plan.

9.7      Gender. Whenever in this Plan words are used in the masculine or neuter
         gender, they shall be read and construed as in the masculine, feminine
         or neuter gender, whenever they should so apply.

9.8      Effect on Other Corporate Benefit Plans. Nothing contained in this Plan
         shall affect the right of the Director to participate in or be covered
         by any other corporate benefit available to Directors of the Bank
         constituting a part of the Bank's existing or future compensation
         structure.

9.9      Suicide. Notwithstanding anything to the contrary in this Plan, the
         benefits otherwise provided herein shall not be payable and this Plan
         shall become null and void with respect to the Director if the
         Director's death results from suicide, whether sane or insane, within
         twenty-four (24) months after the execution of his Joinder Agreement.

9.10     Inurement. This Plan shall be binding upon and shall inure to the
         benefit of the Bank, its successors and assigns, and the Director, his
         successors, heirs, executors, administrators, and Beneficiaries.



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<PAGE>

9.11     Headings. Headings and sub-headings in this Plan are inserted for
         reference and convenience only and shall not be deemed a part of this
         Plan.


                                    SECTION X

                              AMENDMENT/REVOCATION

         This Plan shall not be amended, modified or revoked at any time, in
whole or part, as to any Director, without the mutual written consent of the
Director and the Bank, and such mutual consent shall be required even if the
Director is no longer in the service of the Bank.

                                   SECTION XI

                                    EXECUTION

11.1     This Plan sets forth the entire understanding of the parties hereto
         with respect to the transactions contemplated hereby, and any previous
         agreements or understandings between the parties hereto regarding the
         subject matter hereof are merged into and superseded by this Plan.

11.2     This Plan shall be executed in triplicate, each copy of which, when so
         executed and delivered, shall be an original, but all three copies
         shall together constitute one and the same instrument.



                                       19
<PAGE>

         IN WITNESS WHEREOF, the Bank has caused this Plan to be executed on the
day and date first above written.

ATTEST:                                   OSWEGO COUNTY SAVINGS BANK.



/s/ Lisa King                             By: /s/ Gregory Kreis
---------------------                     ---------------------
                                          Title:  President & CEO


                                          /s/ Paul Heins
_____________________
Paul Schneible                            Paul Heins

/s/ Bruce Frassinelli                     /s/ Michael R. Brower
---------------------                     ---------------------
Bruce Frassinelli                         Michael Brower

/s/ Deborah Stanley
---------------------
Deborah Stanley



                                       20
<PAGE>

                 DIRECTORS SUPPLEMENTAL RETIREMENT BENEFIT PLAN

                                JOINDER AGREEMENT

         I, Paul Schneible, and OSWEGO COUNTY SAVINGS BANK. hereby agree for
good and valuable consideration, the value of which is hereby acknowledged, that
I shall participate in the Directors Supplemental Retirement Benefit Plan
("Plan") established on March 15, 2000, by OSWEGO COUNTY SAVINGS BANK., as such
Plan may now exist or hereafter be modified; and do further agree to the terms
and conditions thereof.

         I understand that I must execute this Directors Supplemental Retirement
Benefit Plan Joinder Agreement ("Joinder Agreement") as well as notify the
Administrator of such execution in order to participate in the Plan from its
Effective Date. Otherwise, I may execute this Joinder Agreement and give notice
of such execution to the Administrator at least thirty (30) days prior to any
February 1.

         My "Benefit Age" shall be Sixty-Five (65).

         My annual "Retirement Benefit" shall be Twenty-Seven Thousand Four
Hundred and Four Dollars ($27,404), subject to Subsection 3.1 and all relevant
Subsections of the Plan.

         My annual "Survivor's Benefit" shall be Twenty-Seven Thousand Four
Hundred and Four Dollars ($27,404), subject to Subsection 3.2 and all relevant
Subsections of the Plan.

         In general, I understand that my receipt (or my Beneficiary's receipt)
of the Retirement Benefit (or Survivor's Benefit) shall be subject to all
provisions of the Plan.

         In general, I understand that if I voluntarily or involuntarily
terminate service at the Bank pursuant to Subsection 3.3 of the Plan and prior
to reaching my Benefit Age, for any reason other than for Cause, my retirement
benefit shall be computed in accordance with Subsection 3.3 of the Plan, and in
general such benefit shall be based on the annuitized value of (i) my Accrued
Benefit on such date, plus (ii) interest accrued on such Accrued Benefit from
the date of termination until my Benefit Age.

         I hereby designate the following individuals as my "Beneficiary" and I
am aware that I can subsequently change such designation by submitting to the
Administrator, at any subsequent time, and in substantially the form attached
hereto as Exhibit A, a written designation of the primary and secondary
Beneficiaries to whom payment under the Plan shall be made in the event of my
death prior to complete distribution of the benefits due and payable under the
Plan. I understand that any Beneficiary designation made subsequent to execution
of the Joinder Agreement shall become effective only when receipt thereof is
acknowledged in writing by the Administrator.

PRIMARY BENEFICIARY:       _______________________________________________

SECONDARY BENEFICIARY:     _______________________________________________


<PAGE>

         I further understand that I am entitled to review or obtain a copy of
the Plan, at any time, and may do so by contacting the Bank.

         This Joinder Agreement shall become effective upon execution (below) by
both the Director and a duly authorized officer of the Bank.

         Dated this __th day of ___________, 2000.

(Director)



(Bank's duly authorized Officer)

<PAGE>

                 DIRECTORS SUPPLEMENTAL RETIREMENT BENEFIT PLAN

                                JOINDER AGREEMENT

         I, Paul Heins, and OSWEGO COUNTY SAVINGS BANK. hereby agree for good
and valuable consideration, the value of which is hereby acknowledged, that I
shall participate in the Directors Supplemental Retirement Benefit Plan ("Plan")
established on March 15, 2000, by OSWEGO COUNTY SAVINGS BANK., as such Plan may
now exist or hereafter be modified; and do further agree to the terms and
conditions thereof.

         I understand that I must execute this Directors Supplemental Retirement
Benefit Plan Joinder Agreement ("Joinder Agreement") as well as notify the
Administrator of such execution in order to participate in the Plan from its
Effective Date. Otherwise, I may execute this Joinder Agreement and give notice
of such execution to the Administrator at least thirty (30) days prior to any
February 1.

         My "Benefit Age" shall be Seventy-One (71).

         My annual "Retirement Benefit" shall be Twenty Four Thousand Six
Hundred and Sixty-Seven Dollars ($24,667), subject to Subsection 3.1 and all
relevant Subsections of the Plan.

         My annual "Survivor's Benefit" shall be Twenty Four Thousand Six
Hundred and Sixty-Seven Dollars ($24,667), subject to Subsection 3.2 and all
relevant Subsections of the Plan.

         In general, I understand that my receipt (or my Beneficiary's receipt)
of the Retirement Benefit (or Survivor's Benefit) shall be subject to all
provisions of the Plan.

         In general, I understand that if I voluntarily or involuntarily
terminate service at the Bank pursuant to Subsection 3.3 of the Plan and prior
to reaching my Benefit Age, for any reason other than for Cause, my retirement
benefit shall be computed in accordance with Subsection 3.3 of the Plan, and in
general such benefit shall be based on the annuitized value of (i) my Accrued
Benefit on such date, plus (ii) interest accrued on such Accrued Benefit from
the date of termination until my Benefit Age.

         I hereby designate the following individuals as my "Beneficiary" and I
am aware that I can subsequently change such designation by submitting to the
Administrator, at any subsequent time, and in substantially the form attached
hereto as Exhibit A, a written designation of the primary and secondary
Beneficiaries to whom payment under the Plan shall be made in the event of my
death prior to complete distribution of the benefits due and payable under the
Plan. I understand that any Beneficiary designation made subsequent to execution
of the Joinder Agreement shall become effective only when receipt thereof is
acknowledged in writing by the Administrator.

PRIMARY BENEFICIARY:          /s/ Agnes M. Heins

SECONDARY BENEFICIARY:        /s/ Heins Family Irrev. Trust

<PAGE>

         I further understand that I am entitled to review or obtain a copy of
the Plan, at any time, and may do so by contacting the Bank.

         This Joinder Agreement shall become effective upon execution (below) by
both the Director and a duly authorized officer of the Bank.

         Dated this 15th day of March, 2000.

 /s/ Paul J. Heins
------------------
(Director)


/s/ Gregory Kreis
-----------------
(Bank's duly authorized Officer)
President & CEO


<PAGE>

                 DIRECTORS SUPPLEMENTAL RETIREMENT BENEFIT PLAN
                                JOINDER AGREEMENT

         I, Bruce Frassinelli, and OSWEGO COUNTY SAVINGS BANK. hereby agree for
good and valuable consideration, the value of which is hereby acknowledged, that
I shall participate in the Directors Supplemental Retirement Benefit Plan
("Plan") established on March 15, 2000, by OSWEGO COUNTY SAVINGS BANK., as such
Plan may now exist or hereafter be modified; and do further agree to the terms
and conditions thereof.

         I understand that I must execute this Directors Supplemental Retirement
Benefit Plan Joinder Agreement ("Joinder Agreement") as well as notify the
Administrator of such execution in order to participate in the Plan from its
Effective Date. Otherwise, I may execute this Joinder Agreement and give notice
of such execution to the Administrator at least thirty (30) days prior to any
February 1.

         My "Benefit Age" shall be Seventy-One (71).

         My annual "Retirement Benefit" shall be Twenty Two Thousand One Hundred
and Forty-Nine Dollars ($22,149), subject to Subsection 3.1 and all relevant
Subsections of the Plan.

         My annual "Survivor's Benefit" shall be Twenty Two Thousand One Hundred
and Forty-Nine Dollars ($22,149), subject to Subsection 3.2 and all relevant
Subsections of the Plan.

         In general, I understand that my receipt (or my Beneficiary's receipt)
of the Retirement Benefit (or Survivor's Benefit) shall be subject to all
provisions of the Plan.

         In general, I understand that if I voluntarily or involuntarily
terminate service at the Bank pursuant to Subsection 3.3 of the Plan and prior
to reaching my Benefit Age, for any reason other than for Cause, my retirement
benefit shall be computed in accordance with Subsection 3.3 of the Plan, and in
general such benefit shall be based on the annuitized value of (i) my Accrued
Benefit on such date, plus (ii) interest accrued on such Accrued Benefit from
the date of termination until my Benefit Age.

         I hereby designate the following individuals as my "Beneficiary" and I
am aware that I can subsequently change such designation by submitting to the
Administrator, at any subsequent time, and in substantially the form attached
hereto as Exhibit A, a written designation of the primary and secondary
Beneficiaries to whom payment under the Plan shall be made in the event of my
death prior to complete distribution of the benefits due and payable under the
Plan. I understand that any Beneficiary designation made subsequent to execution
of the Joinder Agreement shall become effective only when receipt thereof is
acknowledged in writing by the Administrator.

PRIMARY BENEFICIARY:       /s/ Marie Frasinelli, Wife
                               Stephen Frasinelli
                               Michael Frasinelli      [Sons}
                               Paul Frasinelli

SECONDARY BENEFICIARY:     _______________________________________________


<PAGE>

         I further understand that I am entitled to review or obtain a copy of
the Plan, at any time, and may do so by contacting the Bank.

         This Joinder Agreement shall become effective upon execution (below) by
both the Director and a duly authorized officer of the Bank.

         Dated this 16th day of March, 2000.

 /s/ Bruce Frassinelli
----------------------
(Director)


/s/ Gregory Kreis
-----------------
(Bank's duly authorized Officer)
President & CEO


<PAGE>

                 DIRECTORS SUPPLEMENTAL RETIREMENT BENEFIT PLAN
                                JOINDER AGREEMENT

         I, Michael Brower, and OSWEGO COUNTY SAVINGS BANK. hereby agree for
good and valuable consideration, the value of which is hereby acknowledged, that
I shall participate in the Directors Supplemental Retirement Benefit Plan
("Plan") established on March 15, 2000, by OSWEGO COUNTY SAVINGS BANK., as such
Plan may now exist or hereafter be modified; and do further agree to the terms
and conditions thereof.

         I understand that I must execute this Directors Retirement Plan Joinder
Agreement ("Joinder Agreement") as well as notify the Administrator of such
execution in order to participate in the Plan from its Effective Date.
Otherwise, I may execute this Joinder Agreement and give notice of such
execution to the Administrator at least thirty (30) days prior to any February
1.

         My "Benefit Age" shall be Sixty-Five (65).

         My annual "Retirement Benefit" shall be Twenty Eight Thousand Five
Hundred and Ninety-Six Dollars ($28,596), subject to Subsection 3.1 and all
relevant Subsections of the Plan.

         My annual "Survivor's Benefit" shall be Twenty Eight Thousand Five
Hundred and Ninety-Six Dollars ($28,596), subject to Subsection 3.2 and all
relevant Subsections of the Plan.

         In general, I understand that my receipt (or my Beneficiary's receipt)
of the Retirement Benefit (or Survivor's Benefit) shall be subject to all
provisions of the Plan.

         In general, I understand that if I voluntarily or involuntarily
terminate service at the Bank pursuant to Subsection 3.3 of the Plan and prior
to reaching my Benefit Age, for any reason other than for Cause, my retirement
benefit shall be computed in accordance with Subsection 3.3 of the Plan, and in
general such benefit shall be based on the annuitized value of (i) my Accrued
Benefit on such date, plus (ii) interest accrued on such Accrued Benefit from
the date of termination until my Benefit Age.

         I hereby designate the following individuals as my "Beneficiary" and I
am aware that I can subsequently change such designation by submitting to the
Administrator, at any subsequent time, and in substantially the form attached
hereto as Exhibit A, a written designation of the primary and secondary
Beneficiaries to whom payment under the Plan shall be made in the event of my
death prior to complete distribution of the benefits due and payable under the
Plan. I understand that any Beneficiary designation made subsequent to execution
of the Joinder Agreement shall become effective only when receipt thereof is
acknowledged in writing by the Administrator.

PRIMARY BENEFICIARY:          /s/ Catherine J. Brower - Spouse

SECONDARY BENEFICIARY:        /s/ Thomas MaryCate R. Brower Children
                              to share and share alike


<PAGE>

         I further understand that I am entitled to review or obtain a copy of
the Plan, at any time, and may do so by contacting the Bank.

         This Joinder Agreement shall become effective upon execution (below) by
both the Director and a duly authorized officer of the Bank.

         Dated this 16th day of March, 2000.

 /s/ Michael R. Brower
----------------------
(Director)


 /s/ Gregory Kreis
------------------
(Bank's duly authorized Officer)
President & CEO


<PAGE>

                 DIRECTORS SUPPLEMENTAL RETIREMENT BENEFIT PLAN
                                JOINDER AGREEMENT

         I, Deborah Stanley, and OSWEGO COUNTY SAVINGS BANK. hereby agree for
good and valuable consideration, the value of which is hereby acknowledged, that
I shall participate in the Directors Supplemental Retirement Benefit Plan
("Plan") established on March 15, 2000, by OSWEGO COUNTY SAVINGS BANK., as such
Plan may now exist or hereafter be modified; and do further agree to the terms
and conditions thereof.

         I understand that I must execute this Directors Retirement Plan Joinder
Agreement ("Joinder Agreement") as well as notify the Administrator of such
execution in order to participate in the Plan from its Effective Date.
Otherwise, I may execute this Joinder Agreement and give notice of such
execution to the Administrator at least thirty (30) days prior to any February
1.

         My "Benefit Age" shall be Sixty-Five (65).

         My annual "Retirement Benefit" shall be Twenty Four Thousand Six
Hundred and Forty Dollars ($24,640), subject to Subsection 3.1 and all relevant
Subsections of the Plan.

         My annual "Survivor's Benefit" shall be Twenty Four Thousand Six
Hundred and Forty Dollars ($24,640), subject to Subsection 3.2 and all relevant
Subsections of the Plan.

         In general, I understand that my receipt (or my Beneficiary's receipt)
of the Retirement Benefit (or Survivor's Benefit) shall be subject to all
provisions of the Plan.

         In general, I understand that if I voluntarily or involuntarily
terminate service at the Bank pursuant to Subsection 3.3 of the Plan and prior
to reaching my Benefit Age, for any reason other than for Cause, my retirement
benefit shall be computed in accordance with Subsection 3.3 of the Plan, and in
general such benefit shall be based on the annuitized value of (i) my Accrued
Benefit on such date, plus (ii) interest accrued on such Accrued Benefit from
the date of termination until my Benefit Age.

         I hereby designate the following individuals as my "Beneficiary" and I
am aware that I can subsequently change such designation by submitting to the
Administrator, at any subsequent time, and in substantially the form attached
hereto as Exhibit A, a written designation of the primary and secondary
Beneficiaries to whom payment under the Plan shall be made in the event of my
death prior to complete distribution of the benefits due and payable under the
Plan. I understand that any Beneficiary designation made subsequent to execution
of the Joinder Agreement shall become effective only when receipt thereof is
acknowledged in writing by the Administrator.

PRIMARY BENEFICIARY:          /s/ Michael J. Stanley        husband

SECONDARY BENEFICIARY:        All children


                                      -2-
<PAGE>

         I further understand that I am entitled to review or obtain a copy of
the Plan, at any time, and may do so by contacting the Bank.

         This Joinder Agreement shall become effective upon execution (below) by
both the Director and a duly authorized officer of the Bank.

         Dated this 16th day of March, 2000.

/s/ Deborah F. Stanley
----------------------
(Director)


 /s/ Gregory Kreis
------------------
(Bank's duly authorized Officer)
President & CEO


                                      -3-
<PAGE>

                  DIRECTOR SUPPLEMENTAL RETIREMENT BENEFIT PLAN
                             BENEFICIARY DESIGNATION

         The Director, under the terms of theDirectors Supplemental Retirement
Benefit Plan executed by the Bank on March 15, 2000, hereby designates the
following Beneficiary to receive any guaranteed payments or death benefits under
such Plan, following his death:

PRIMARY BENEFICIARY:       ____________________________________


SECONDARY BENEFICIARY:     _________________________________


         This Beneficiary Designation hereby revokes any prior Beneficiary
Designation which may have been in effect.

         Such Beneficiary Designation is revocable.


DATE: ______________________, 2000



-----------------------------------         ------------------------------
(WITNESS)                                               DIRECTOR





                                      -4-
<PAGE>


                                    Exhibit B










                                      -5-